Will BTC reach 100k before ETH Reaches 5k?

[SmartGold01]

There is this news that was posted on telegram which I came across on where BitGo CEO Mike Balshe saying that 'Bitcoin could hit 120,000 dollars to 150,000 dollars at the ending of this year'. Most times I have to think about Ethereum why they don't always give significant price on other cryptocurrency apart from Bitcoin or do we say much priority are being given to bitcoin.

[bitterguy28]

I believe in BTC and that it will hit 100k with ease this year.

I not so sure about Eth ever getting to 5k.

Eth may behave more like LTC is doing at the moment. Just fail to get back to where it once was.

I picked option 1

Bias thread  joke

kidding aside , while ethereum is more than just a thousand dollars to reach 5k and Bitcoin is still 30k behind yet I am more confident that bitcoin will break 100k first before ethereum(if ever it will reach 5k) hit that price.

so I voted for option 1 as well.

I am glad to see I am not alone.  I see a lot happening this year in crypto. Especially for BTC

there is a small shaking happened in Bitcoin today and another chance for each of us to buy in discounted price so lets see where this heading .

https://coinmarketcap.com/currencies/bitcoin/

but I am completely confident that 100k is just around the corner and in a any time  this year or early next year.

[jeraldskie11]

I believe in BTC and that it will hit 100k with ease this year.

I not so sure about Eth ever getting to 5k.

Eth may behave more like LTC is doing at the moment. Just fail to get back to where it once was.

I picked option 1

We have the same thoughts on that. I looked at the chart of Bitcoin and ETH, in ETH there is a lot of resistance that needs to be broken before it created a new ATH, while Bitcoin only needs to break few resistance to create a new ATH. However, if they both create a new ATH, ETH only need around $1k increase of price to reach 5k while Bitcoin needs around $30k increase. But since it still depends on the market cap and circulating supply of a coin, I can say that Bitcoin still has the chance to hit $100k first before ETH.

[JISAN]

I believe in BTC and that it will hit 100k with ease this year.

I not so sure about Eth ever getting to 5k.

Eth may behave more like LTC is doing at the moment. Just fail to get back to where it once was.

I picked option 1

Bitcoin price has already crossed $70k and current price is $69k and there ETH price is around $3.5k.  Bitcoin needs to pump another $30k to cross $100k which is about 45% more from the current price. ETH on the other hand also needs to pump about 43% to cross $5k. On average, Bitcoin and Ethereum would need to pump roughly equal amounts from their respective price positions to meet both targets. so it is very difficult to predict which one will cross this target first. But I think Bitcoin will cross $100k first. Then instantly ETH goes to $5k

[bayu7adi]

Because altcoins are proven to be more easily stimulated when there is a bullish moment, ETH touching $5k will be reached first before BTC touches $100k...both need +50% to reach the target, therefore ETH is the one that has higher volatility which will touch $5k.

Unfortunately I am not an ETH holder, I only have BTC in a large % of my asset allocation for cryptocurrency. Sooner or later I'm still waiting for BTC to hit $100k this year... hopefully not later than early 2025.

[UNIVERSE]

Bitcoin price has already crossed $70k and current price is $69k and there ETH price is around $3.5k.  Bitcoin needs to pump another $30k to cross $100k which is about 45% more from the current price. ETH on the other hand also needs to pump about 43% to cross $5k. On average, Bitcoin and Ethereum would need to pump roughly equal amounts from their respective price positions to meet both targets. so it is very difficult to predict which one will cross this target first. But I think Bitcoin will cross $100k first. Then instantly ETH goes to $5k

Currently, Bitcoin price is around $65k and Ethereum is about $3.3k. They must be pumped higher to cross the expected prices. However, I still think Ethereum can reach $5k faster if the good news of Ethereum ETF continues. We also must consider that altcoins is more volatile than Bitcoin. So, it won't be very surprised if Ethereum can increase more than 40% in a shorter time. Meanwhile Bitcoin needs to take a longer time to increase above 30%. $100k may be the peak of Bitcoin price in this bullrun season, it won't be very easy to be reached. 

[pawel7777]

I voted 1, as almost all my crypto holdings are in Bitcoin, so I want to believe, but percentage-wise, ETH is "only" 41.5% away from $5k, while BTC is 51% from $100k, so it will be a longer way to go for Bitcoin.
That being said, if we trust the 4-year cycle patterns, historically BTC would shoot up first and alts would follow later, so there's a chance of it hitting $100k faster.

[Gurujebs]

There is this news that was posted on telegram which I came across on where BitGo CEO Mike Balshe saying that 'Bitcoin could hit 120,000 dollars to 150,000 dollars at the ending of this year'. Most times I have to think about Ethereum why they don't always give significant price on other cryptocurrency apart from Bitcoin or do we say much priority are being given to bitcoin.

Bitcoin is decentralized, which means if the price grow, everyone will grow but ethereum is only enriching some particular groups of people especially the founders.

This price calls are just PR and encouragement and there is nothing more. If Bitcoin was going to make a new time high, even them will not see it coming because I can confidently say that only few people expected Bitcoin to reach that high last bull run, some people became bullish after that but the opposite happened. I know that Bitcoin will certainly make a new all time high but it's not subjective to anyone encouragement or hype.

[summonerrk]

I believe in BTC and that it will hit 100k with ease this year.

I not so sure about Eth ever getting to 5k.

Eth may behave more like LTC is doing at the moment. Just fail to get back to where it once was.

I picked option 1

I believe more that Ethereum will reach the price of five thousand dollars than Bitcoin 100k. More precisely, I will say that both of these cryptocurrencies will reach these values, but Ether will be able to grow to this figure faster. The fact is that although Solana has become a worthy competitor to Ether, and there is already talk about it becoming the number two cryptocurrency, Ether remains an excellent solution invented by Vitalik. And all because Ether can be imagined as land on which skyscrapers can be built. By this analogy, I mean the number of cryptocurrency technologies based on Ether.

[Captain Corporate]

Seems like a quite close race, I like this kind of situation, I do agree that it will not be all that away from each other, feels like it can very well be done, and I think it would be not a bad idea at all. The best thing to do in this case would be making sure that we deal with a good return with both of them, so if you could invest in both of them then you are going to be fine. What we need to realize is that its going to be tough love and not going to be easy. That doesn't mean that we are going to end up with a good or bad return, it just means that we are going to end up with both of them going up, so there is no need to pick and choose.

[summonerrk]

I believe in BTC and that it will hit 100k with ease this year.

I not so sure about Eth ever getting to 5k.

Eth may behave more like LTC is doing at the moment. Just fail to get back to where it once was.

I picked option 1

I think Bitcoin will never reach 5k again. And I am absolutely sure of it because I believe in technical analysis and judging by the lowest uptrend support the price can not go lower than 10k, let alone 5k. Bitcoin is too famous and valuable, so we have never seen such a sell-off with such low prices.

[Manna]

I think Bitcoin will reach $100,000 in a few days and that will be by 2024.  So I will say that you fold everything you can with 100% guarantee that Bitcoin will reach 100,000 dollars 100% sure.

[milewilda]

I think Bitcoin will reach $100,000 in a few days and that will be by 2024.  So I will say that you fold everything you can with 100% guarantee that Bitcoin will reach 100,000 dollars 100% sure.

When it comes to price predictions then it would really be something that anyone could really be having their own approach and words or simply with their guesses, but the real stuff on here is that no one really be able to know on what would happen ahead. $100k might really be that too near but its not something that will be a smooth sail ride to each up those numbers but at least potential is really there for it to happen. As for prices then ETH or BItcoin or any other coins/tokens in the market then there's no way that we could be able to tell on whose gonna reach that and this.
No one really ever knows because it would really be depending on the market condition and of course with the community that supports it.

[libert19]

I not so sure about Eth ever getting to 5k.

I find your lack of belief in $ETH surprising. Anyway, I'm confident that $ETH will reach $5k first.

[taufik123]

I not so sure about Eth ever getting to 5k.

I find your lack of belief in $ETH surprising. Anyway, I'm confident that $ETH will reach $5k first.

When many people start to distrust and ignore it, it is a good time to buy.
ETH is the king of altcoins and the price will always follow Bitcoin, I believe ETH can break $5k when Bitcoin already reaches $100k.

It is already in the program, and we as retail investors only need to believe and buy gradually when it is very cheap, don't miss it and don't let FOMO happen when the price is high enough.