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Author Topic: why do you think 100k is possible after halving  (Read 11020 times)

Offline SmartGold01

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why do you think 100k is possible after halving
« on: June 29, 2024, 12:06:00 PM »
Like I said many people thought 100k is possible after halving making them to put more efforts to accumulate bitcoin without following the historical data from the previouses. If people where so clever they wouldn't think 100k is possible immediately after halving even though ATH was achieve before halving that was a reason of something unusual triggers it to likely take effect before halving.

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why do you think 100k is possible after halving
« on: June 29, 2024, 12:06:00 PM »

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Offline EluguHcman

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Re: why do you think 100k is possible after halving
« Reply #1 on: June 29, 2024, 12:28:25 PM »
Like I said many people thought 100k is possible after halving making them to put more efforts to accumulate bitcoin without following the historical data from the previouses. If people where so clever they wouldn't think 100k is possible immediately after halving even though ATH was achieve before halving that was a reason of something unusual triggers it to likely take effect before halving.
To me aside investors sentiments to falsely believe that there was going to be a bulk run after the halving, buy as much and accumulate during the halving seems a perfect time to buy more Bitcoins and hodl.

The speculations that Bitcoin would hit $100K is a mere investors prediction believing the current ATH is a good approach to expect such value at when then bull-run is finally come

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Re: why do you think 100k is possible after halving
« Reply #1 on: June 29, 2024, 12:28:25 PM »

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Offline SmartGold01

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Re: why do you think 100k is possible after halving
« Reply #2 on: June 29, 2024, 12:43:36 PM »
Like I said many people thought 100k is possible after halving making them to put more efforts to accumulate bitcoin without following the historical data from the previouses. If people where so clever they wouldn't think 100k is possible immediately after halving even though ATH was achieve before halving that was a reason of something unusual triggers it to likely take effect before halving.
To me aside investors sentiments to falsely believe that there was going to be a bulk run after the halving, buy as much and accumulate during the halving seems a perfect time to buy more Bitcoins and hodl.

The speculations that Bitcoin would hit $100K is a mere investors prediction believing the current ATH is a good approach to expect such value at when then bull-run is finally come
During bull run its not advisable to buy bitcoin and the best time to venture into market is during bear season where every asset seems to have loose about their 50-80 percent value then you venture to accumulate more then wait for bull run to start and immediately it comes then you can take profits and expect another dip to accumulate more volumes.

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Re: why do you think 100k is possible after halving
« Reply #3 on: June 29, 2024, 12:50:32 PM »
Like I said many people thought 100k is possible after halving making them to put more efforts to accumulate bitcoin without following the historical data from the previouses. If people where so clever they wouldn't think 100k is possible immediately after halving even though ATH was achieve before halving that was a reason of something unusual triggers it to likely take effect before halving.
Because of the past history and the record I think bitcoin will gonna cross 100k in this bull season although we cannot guarantee that the bull season and the market will make the same performance in the past but the possibility to following past history has more chances and additionally there are also important fact to think bitcoin will cross 100k is approved on ETF spot and day by day the users of crypto increasing. And here is a chart for the possibility.

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Re: why do you think 100k is possible after halving
« Reply #4 on: June 29, 2024, 02:25:15 PM »
We are still in 2024, and we have a long time to pass through before 2026. All-time high is still coming while $100000 is still coming. I have speculated before that bitcoin may get to $170000. I am doubting it right now but I am not yet doubting $100000 because I still believe bitcoin can get to that price. We still have time for it to happen.

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Re: why do you think 100k is possible after halving
« Reply #5 on: June 29, 2024, 02:29:38 PM »
We are still in 2024, and we have a long time to pass through before 2026. All-time high is still coming while $100000 is still coming. I have speculated before that bitcoin may get to $170000. I am doubting it right now but I am not yet doubting $100000 because I still believe bitcoin can get to that price. We still have time for it to happen.
$170K I think is too high, mate. I feel more realistic that the price of bitcoin will touch $100k, because that will happen early next year. but we have to see if there will be any good news about bitcoin next year. Because if there is good news it will increase demand for bitcoin, so the price of bitcoin will rise and touch more than $100K.

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Re: why do you think 100k is possible after halving
« Reply #6 on: June 29, 2024, 03:17:50 PM »
Like I said many people thought 100k is possible after halving making them to put more efforts to accumulate bitcoin without following the historical data from the previouses. If people where so clever they wouldn't think 100k is possible immediately after halving even though ATH was achieve before halving that was a reason of something unusual triggers it to likely take effect before halving.
Because of the past history and the record I think bitcoin will gonna cross 100k in this bull season although we cannot guarantee that the bull season and the market will make the same performance in the past but the possibility to following past history has more chances and additionally there are also important fact to think bitcoin will cross 100k is approved on ETF spot and day by day the users of crypto increasing. And here is a chart for the possibility.

It is not arguably that bitcoin won't cross 100k in the bull run but what people thought initially was that after halving they would see it dancing within 100k mark but that doesn't work as planned instead it works on the reversed way by declining in price dropping from 73k plus to 60k bench mark this shows that there's every possibility to see more dip.

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Re: why do you think 100k is possible after halving
« Reply #6 on: June 29, 2024, 03:17:50 PM »


Offline Lucius

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Re: why do you think 100k is possible after halving
« Reply #7 on: June 29, 2024, 04:31:48 PM »
It is not arguably that bitcoin won't cross 100k in the bull run but what people thought initially was that after halving they would see it dancing within 100k mark but that doesn't work as planned instead it works on the reversed way by declining in price dropping from 73k plus to 60k bench mark this shows that there's every possibility to see more dip.

If the majority thought that, then we have a big problem, because it shows that they don't understand what halving is at all, and they also don't know how to look into the past and see what happened after each halving. The media of course used it for a bunch of clickbait headlines and created hype, but they have no moral compass when it comes to profit.

$100k is just a number that represents a psychological limit, and it was the same with $1000 or $10k that I personally witnessed. In my opinion, it is much more important that the price of BTC is currently maintained as stable as possible, because it does not matter whether we want to start the new bull run with $60k or $40k.
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Re: why do you think 100k is possible after halving
« Reply #8 on: June 29, 2024, 05:08:01 PM »
Like I said many people thought 100k is possible after halving making them to put more efforts to accumulate bitcoin without following the historical data from the previouses. If people where so clever they wouldn't think 100k is possible immediately after halving even though ATH was achieve before halving that was a reason of something unusual triggers it to likely take effect before halving.
Well, no body can ever know it all and that's a fact, coupled with the fact that the price of bitcoin is hard to predict correctly, this has nothing to do with whether people are clever or not, for even the clever may still fail at predicting the price of bitcoin correctly.

Yes, the price of bitcoin has not made it to $100k even though the halving has come and gone, but we are still here, and the possibility of bitcoin reaching a $100k and above in price is still here and very much valid.

And besides, we are currently in the after halving, if the price of bitcoin reaches $100k now or in the near future, those who said or thought it will happen after halving are or were still correct, why? Because currently, (like I said before) we are in the after halving now, not before halving.
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Re: why do you think 100k is possible after halving
« Reply #9 on: June 29, 2024, 06:31:36 PM »
Those are hyper expectations, I don't think anyone with knowledge about the Bitcoin volitilities and market will think that Bitcoin halving will trigger a bull run, this was not the intention of Satoshi as mentioned in the Bitcoin White paper, in some paragraphs it states how Bitcoin should be handled and trusted, he stated clearly that Bitcoin should be allowed to grow organically that is to say the shouldn't be too much pressure on Bitcoin when certain events happens.

Halving was just a block sieze rewards reduction so let not expect too much from such an event, at the moment Bitcoin is still over priced and whatever happens, we should acknowledge that fact.

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Re: why do you think 100k is possible after halving
« Reply #10 on: June 29, 2024, 06:47:16 PM »
Like I said many people thought 100k is possible after halving making them to put more efforts to accumulate bitcoin without following the historical data from the previouses. If people where so clever they wouldn't think 100k is possible immediately after halving even though ATH was achieve before halving that was a reason of something unusual triggers it to likely take effect before halving.
People who invested on Bitcoin most likely think what had happened in the past will repeat itself though it changed this year but for me personally there is still a chance that price will go up this year or maybe 2025 and that is how I see the market right now and in the next few months.

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Re: why do you think 100k is possible after halving
« Reply #11 on: June 29, 2024, 07:23:21 PM »
Those are hyper expectations, I don't think anyone with knowledge about the Bitcoin volitilities and market will think that Bitcoin halving will trigger a bull run

Historically,  all halvings were followed by a big bull run.

I think something similar might happen again. However,  we reached ath before halving, which is somethingrhat mever happened.

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Re: why do you think 100k is possible after halving
« Reply #12 on: June 29, 2024, 08:19:30 PM »
It is not arguably that bitcoin won't cross 100k in the bull run but what people thought initially was that after halving they would see it dancing within 100k mark but that doesn't work as planned instead it works on the reversed way by declining in price dropping from 73k plus to 60k bench mark this shows that there's every possibility to see more dip.

If the majority thought that, then we have a big problem, because it shows that they don't understand what halving is at all, and they also don't know how to look into the past and see what happened after each halving. The media of course used it for a bunch of clickbait headlines and created hype, but they have no moral compass when it comes to profit.

$100k is just a number that represents a psychological limit, and it was the same with $1000 or $10k that I personally witnessed. In my opinion, it is much more important that the price of BTC is currently maintained as stable as possible, because it does not matter whether we want to start the new bull run with $60k or $40k.
Most times people don't care about the price being stable in fact the stability of the market doesn't draw more attention to people except when the market is actually different price level, although you are an experience investor it wouldn't pull you off or propelled you to panic rather you would understand that the market always has its time to create a new price level as ATH.

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Re: why do you think 100k is possible after halving
« Reply #13 on: June 29, 2024, 09:22:40 PM »
We are still in 2024, and we have a long time to pass through before 2026. All-time high is still coming while $100000 is still coming. I have speculated before that bitcoin may get to $170000. I am doubting it right now but I am not yet doubting $100000 because I still believe bitcoin can get to that price. We still have time for it to happen.
I agree with you, we are still away from 2026 and anything can happen in coming months. I'm pretty sure that Bitcoin will easily cross $80k or $90k this bull run and as expectedly it can even reach or cross $100k or $120k during October-December 2025.

I have never even thought that Bitcoin could reach $170k as peak of the bull run but who knows if it reaches and crosses it during those months? It's crypto market and its highly unpredictable and that's why anything can happen in coming months.
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Offline ZAINmalik75

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Re: why do you think 100k is possible after halving
« Reply #14 on: June 29, 2024, 09:32:09 PM »
Like I said many people thought 100k is possible after halving making them to put more efforts to accumulate bitcoin without following the historical data from the previouses. If people where so clever they wouldn't think 100k is possible immediately after halving even though ATH was achieve before halving that was a reason of something unusual triggers it to likely take effect before halving.
I also think 100k is possible even if BTC made ATH before the halving which is totally against the past events. This time BTC has made new history and it is hard for many of us to think what will happen next. And that is the main part, if things were that easy then every second person would be a millionaire till now. I think it can make 100k if some good news helps the market to grow.

I read in my local board on Bitcoin Talk that, there are some good factors on the line which if occurs then BTC might pump, and if it pumps it can also touch the 100k target. Such as elections in the USA, whether China adopts crypto, interest rates, or CPI data, etc.
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