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Author Topic: why do you think 100k is possible after halving  (Read 11082 times)

Offline LogitechMouse

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Re: why do you think 100k is possible after halving
« Reply #30 on: July 03, 2024, 09:51:30 AM »
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.
This is the key word for this one. IMMEDIATELY

It will not happen that fast, and it will take time. The problem with some is that they expected too high that they will feel frustrated when what they want doesn't happen. Now it's been a few months after the halving, and we aren't seeing Bitcoin surpassing even its previous ATH. Let's lower our expectations and just be patient of what's happening. :)

100k is still possible before halving, but the big question is "WHEN?" 6 months after the halving maybe? Or even a year. We don't know, and let's just hope for the best. :)

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Re: why do you think 100k is possible after halving
« Reply #30 on: July 03, 2024, 09:51:30 AM »

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Re: why do you think 100k is possible after halving
« Reply #31 on: July 03, 2024, 10:20:38 AM »
Now it's been a few months after the halving, and we aren't seeing Bitcoin surpassing even its previous ATH.
What happened before halving as a result of spot bitcoin ETF has not also happened before. Bitcoin got to all-time some weeks before halving. So people sold after the all-time high when bitcoin could not surpass $74000.

100k is still possible before halving, but the big question is "WHEN?" 6 months after the halving maybe? Or even a year. We don't know, and let's just hope for the best. :)
I have posted it several times that despite bitcoin bear market now and even if the market fall more further, all-time is still very possible. And that before 2026, we would have seen bitcoin get to over $100000 at certain time.
« Last Edit: July 03, 2024, 10:23:29 AM by Charles-Tim »

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Re: why do you think 100k is possible after halving
« Reply #31 on: July 03, 2024, 10:20:38 AM »

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Re: why do you think 100k is possible after halving
« Reply #32 on: July 03, 2024, 06:14:33 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.
This halving year is quite different from its past because the new ATH is happened before the halving. In my opinion, it only means that people are aware on it and willing to make price higher. We all know poor people can't make the price go up on their own but the institutions or whales can only do that. Now, they don't want to lose their assets like us, so they will reinvest if ever the price went down to their buying price because it's an opportunity for them to buy. Like us, they also believe it will go $100k.

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Re: why do you think 100k is possible after halving
« Reply #33 on: July 03, 2024, 08:57:38 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.
Man 100k is not impossible in the current market that we see. In fact I would say that 100k impossibility was during the last bull run. It is even more possible for it to happen now than as many anticipated it will happen 2021. If bitcoin should make 75k, what is 100k that it cannot make within 14 days? The market is full of sentiment and the manipulation that is why there is no straightforward movement of the Bitcoin price. I am not also not disappointed by the situation because that is the attribute of a volatile market. At a particular time the market will be removing in the green lane but at some other time it will turn back to the red lane. If everyone actually knows the next move of Bitcoin and the next price the market will not exist. Here is full of speculation, FOMO and FUD and that is the joy of it.
I do remember up those years when Bitcoins price peak price of ATH is sitting around 20k on which this is something that i do hear up those words that it would really be impossible that it would be able to hit it again or breaking those all time highs and there are even words that it cant be able to break 30k or more but look at on where we are now?
People should really be at least be realizing that when it comes to this manner on which the probabilities or potential will really be that high and 100k isnt
really just that too far off on breaking those points. We arent that still on a bull run yet and having that x2 on the current price isnt that impossible
once it do starts to kick in.
That has been the pattern of bitcoin and lifestyle of bitcoiners. If you go to old threads in BTT, you will be shocked were people were speculating if the price will get to $100 and even below prices. As we all know, bitcoin started from nothing price and today it has grown huge and there has never been a time that everyone has believed in bitcoin or its ability to make a new ATH. But bitcoin always has a way to disappoint those who don't trust in it and reward those who trusted and believed.
« Last Edit: July 04, 2024, 09:48:50 AM by KingsDen »
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Re: why do you think 100k is possible after halving
« Reply #34 on: July 03, 2024, 09:21:49 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.
This is the key word for this one. IMMEDIATELY

It will not happen that fast, and it will take time. The problem with some is that they expected too high that they will feel frustrated when what they want doesn't happen. Now it's been a few months after the halving, and we aren't seeing Bitcoin surpassing even its previous ATH. Let's lower our expectations and just be patient of what's happening. :)

100k is still possible before halving, but the big question is "WHEN?" 6 months after the halving maybe? Or even a year. We don't know, and let's just hope for the best. :)
Yeah, very well spoken and I agree with you completely, the issue of high and unrealistic expectations in crypto is no longer something we can say is peculiar to newbie investors alone, for even industry OGs are a victim as well, as during the time the halving was approaching, I saw accounts on X with several hundreds of thousands of followers tweeting and telling people to be ready for a mega run as soon as the halving completes.

I personally think that what drove alot of people into this high expectations was as a result of the bitcoin spot ETF approval, which alot of persons expected to catapult the price of bitcoin above $100,000 in a very short time, and yeah, it didn't happen, it hasnt happened yet not that the possibility isnt there, but I believe this should already teach us all to be at times; very conservative with our expectations.
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Offline UNIVERSE

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Re: why do you think 100k is possible after halving
« Reply #35 on: July 03, 2024, 11:06:31 PM »
$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.
Agree. $170k is unlikely because it is too far from the current price. Although it is not impossible but I personally doubt it. I only think Bitcoin can cross $100k but I don't know who far Bitcoin to increase. Some experts predicted it can increase to $150k but I don't brave to set my selling price at $150k, I will sell my Bitcoin gradually when it crosses $100k.

Good news always brings positive impacts into Bitcoin price. But I think there is no way that good news can make Bitcoin price to be $170k just in few months. We can set a high target for selling but we must try to be more realistic.


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Re: why do you think 100k is possible after halving
« Reply #36 on: July 04, 2024, 10:45:39 AM »
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.
This is the key word for this one. IMMEDIATELY

It will not happen that fast, and it will take time. The problem with some is that they expected too high that they will feel frustrated when what they want doesn't happen. Now it's been a few months after the halving, and we aren't seeing Bitcoin surpassing even its previous ATH. Let's lower our expectations and just be patient of what's happening. :)

100k is still possible before halving, but the big question is "WHEN?" 6 months after the halving maybe? Or even a year. We don't know, and let's just hope for the best. :)
Being optimistic is what needed most within traders and investors if by regularly looking at the price level or for bitcoin to create another ATH immediately after purchase can never be possible to achieve rather it would keep them on a worrisome state where they could panic sell their investment so cheaper.
Investors should also focused on their portfolios like to keep expanding it when seems the market down with this much accumulation is very much possible.

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Re: why do you think 100k is possible after halving
« Reply #36 on: July 04, 2024, 10:45:39 AM »


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Re: why do you think 100k is possible after halving
« Reply #37 on: July 04, 2024, 02:20:41 PM »
Being optimistic is what needed most within traders and investors if by regularly looking at the price level or for bitcoin to create another ATH immediately after purchase can never be possible to achieve rather it would keep them on a worrisome state where they could panic sell their investment so cheaper.
Investors should also focused on their portfolios like to keep expanding it when seems the market down with this much accumulation is very much possible.
Supposedly if they are investors who have been in this space for a long time, they are highly optimistic, including me, I am also someone who believes in that.

Those selling out of panic are people who are new to this space. Because if they have been around for a long time, then in the day they will be calmer when prices decline and they will even increase their assets to take advantage of the decline that occurs.

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Re: why do you think 100k is possible after halving
« Reply #38 on: July 04, 2024, 04:04:24 PM »
Being optimistic is what needed most within traders and investors if by regularly looking at the price level or for bitcoin to create another ATH immediately after purchase can never be possible to achieve rather it would keep them on a worrisome state where they could panic sell their investment so cheaper.
Investors should also focused on their portfolios like to keep expanding it when seems the market down with this much accumulation is very much possible.
Supposedly if they are investors who have been in this space for a long time, they are highly optimistic, including me, I am also someone who believes in that.

Those selling out of panic are people who are new to this space. Because if they have been around for a long time, then in the day they will be calmer when prices decline and they will even increase their assets to take advantage of the decline that occurs.
Some investors says it is important to take profit and I always heard that kind of advice on streaming sites like YouTube and I think they earn more than hodlers because of the confidence I see on their faces though I don't know if that is really what they are doing personally but they could also be holding Bitcoin while grabbing opportunities in every price movements or they are just trying to sell their online courses to newbies. 😅

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Re: why do you think 100k is possible after halving
« Reply #39 on: July 04, 2024, 04:53:01 PM »
Being optimistic is what needed most within traders and investors if by regularly looking at the price level or for bitcoin to create another ATH immediately after purchase can never be possible to achieve rather it would keep them on a worrisome state where they could panic sell their investment so cheaper.
Investors should also focused on their portfolios like to keep expanding it when seems the market down with this much accumulation is very much possible.
Supposedly if they are investors who have been in this space for a long time, they are highly optimistic, including me, I am also someone who believes in that.

Those selling out of panic are people who are new to this space. Because if they have been around for a long time, then in the day they will be calmer when prices decline and they will even increase their assets to take advantage of the decline that occurs.
Some investors says it is important to take profit and I always heard that kind of advice on streaming sites like YouTube and I think they earn more than hodlers because of the confidence I see on their faces though I don't know if that is really what they are doing personally but they could also be holding Bitcoin while grabbing opportunities in every price movements or they are just trying to sell their online courses to newbies. 😅
Well, I believe those who advice other investors to always take profit aren't really doing so to sell their online course, or whatever we choose to call it, they are actually advising that based on their own personal experiences, or the experience of other persons in the industry.

Like for me personally, based on the experience I've had since 2016 I joined crypto (though I had a long break from 2017 to 2020), I would also advice the same thing, because there have been instances where if I had taken profit, I would possibly be living a much better financial life than I am currently living.
To take profit is very important, whether it be with bitcoin or Altcoin, but then, it's completely optional, since there are people who are really busy outside of crypto, which means they don't have time to keep watch over the market, such persons may be financially buoyant themselves, so taking profit isn't really a big deal for them, they just wanna invest and forget it for years.
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Re: why do you think 100k is possible after halving
« Reply #40 on: July 04, 2024, 06:35:53 PM »
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.
That's an obvious thing like if you want to accumulate BTC the best time is to buy when the price is lower (in a bearish market) but what if people missed that chance, and have this mindset that BTC won't be going below $30k again. And they also have this mindset that they want to hold BTC for the next 10 or 20 years which totally makes the statement of buying BTC in a bear but not in a bullish market useless because long-term holdings are not so dependent on a bear or bullish market.

For example, some time ago when BTC was around $70k I guess Kim Kiyosaki (owner of Rich Dad) bought BTC I mean he invested at that point made me realize he didn't care about the price he just wanted to accumulate BTC as much as he wants. He once bought 30 BTC at $6000 as well. The point is, in accumulation, the market cycle doesn't matter because accumulation means holding for more than 5+ years and that also means less or no tax. I thought BTC would touch 100k but now my guess is 80k is enough. Maybe I will be out at 80k.
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Offline SmartGold01

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Re: why do you think 100k is possible after halving
« Reply #41 on: July 04, 2024, 09:33:59 PM »
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.
That's an obvious thing like if you want to accumulate BTC the best time is to buy when the price is lower (in a bearish market) but what if people missed that chance, and have this mindset that BTC won't be going below $30k again. And they also have this mindset that they want to hold BTC for the next 10 or 20 years which totally makes the statement of buying BTC in a bear but not in a bullish market useless because long-term holdings are not so dependent on a bear or bullish market.

For example, some time ago when BTC was around $70k I guess Kim Kiyosaki (owner of Rich Dad) bought BTC I mean he invested at that point made me realize he didn't care about the price he just wanted to accumulate BTC as much as he wants. He once bought 30 BTC at $6000 as well. The point is, in accumulation, the market cycle doesn't matter because accumulation means holding for more than 5+ years and that also means less or no tax. I thought BTC would touch 100k but now my guess is 80k is enough. Maybe I will be out at 80k.
What you said depends on individuals like when you think you can buy bitcoin in enough quantity without undermining whether you would sell in the next 5 years or not, the important thing is that he buying you shouldn't emptied yourself at a go to buy one because the prices doesn't remain uniform it's changes overtime. Therefore, when you buy now you can decide to monitor the market over time it could be 1 months or two depending the season we are, if bear market then waiting to see the bottom could be the best idea to follow on but if bull then constant DCA could be more better because you wouldn't know when the market gonna make some turns and went against you completely.

Offline taufik123

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Re: why do you think 100k is possible after halving
« Reply #42 on: July 04, 2024, 10:38:21 PM »
The long-term target is definitely still on the $100k ATH after the Halving.
It will only take time, and the cycle will not be the same as the previous Halving cycle.

Bitcoin entered a newer Phase, a higher Phase where many new Bitcoin users started to enter, Many mass adoptions were made.
Just wait and set up a strategy to welcome the $100k ATH, and it will surely be achieved later.

Offline bayu7adi

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Re: why do you think 100k is possible after halving
« Reply #43 on: July 05, 2024, 09:34:52 AM »
The long-term target is definitely still on the $100k ATH after the Halving.
It will only take time, and the cycle will not be the same as the previous Halving cycle.

Bitcoin entered a newer Phase, a higher Phase where many new Bitcoin users started to enter, Many mass adoptions were made.
Just wait and set up a strategy to welcome the $100k ATH, and it will surely be achieved later.
Like filtering strong hands and weak hands, maybe everyone thinks the pattern will be the same as the previous halving, but the manipulator must make it worth it for the owner of the strong hand to hold... all FOMO comers should start to learn that nothing is impossible with BTC.. A new ATH has just been reached, but that's not the ATH I meant, there should be more after this.

Until now, all I can do is wait for the moment to actually come, even though I have to wait a longer time.

Offline doc

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Re: why do you think 100k is possible after halving
« Reply #44 on: July 05, 2024, 11:37:35 AM »
The long-term target is definitely still on the $100k ATH after the Halving.
It will only take time, and the cycle will not be the same as the previous Halving cycle.

Bitcoin entered a newer Phase, a higher Phase where many new Bitcoin users started to enter, Many mass adoptions were made.
Just wait and set up a strategy to welcome the $100k ATH, and it will surely be achieved later.
Like filtering strong hands and weak hands, maybe everyone thinks the pattern will be the same as the previous halving, but the manipulator must make it worth it for the owner of the strong hand to hold... all FOMO comers should start to learn that nothing is impossible with BTC.. A new ATH has just been reached, but that's not the ATH I meant, there should be more after this.

Until now, all I can do is wait for the moment to actually come, even though I have to wait a longer time.
Currently, bitcoin is experiencing a quite sharp price decline, and this has an impact on altcoins. I agree with you that we should wait, because it looks like this will take a long time. Maybe in the next few months. I do plan to hold long term, so for me this is not a problem.

 

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