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Author Topic: why do you think 100k is possible after halving  (Read 11118 times)

Offline macson

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Re: why do you think 100k is possible after halving
« Reply #105 on: September 02, 2024, 05:54:49 PM »
In my opinion it could possibly reach a price of $100 thousand. But no one knows when after seeing developments from year to year, it doesn't match investors' expectations. So it's good for us to learn from year to year, how BTC's market price can rise or fall, and also consider factors that influence market prices, such as the general election that will be held in the US. So, as investors, it is good for us to carry out an analysis of last year's experience.

supply and demand, it is a natural thing that makes the price of bitcoin move, so there is a very big chance that bitcoin will reach a price of $100k (in the next few years)

It's the same as when there was a prediction that said the price of bitcoin would pass $50k, many didn't believe it, but in fact it came true, let's just see how politics are in the US because there is a lot of money circulating there, if bitcoin is increasingly accepted there then we will see bitcoin pass $100k, it won't be difficult.
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Re: why do you think 100k is possible after halving
« Reply #105 on: September 02, 2024, 05:54:49 PM »

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Offline Wiseman

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Re: why do you think 100k is possible after halving
« Reply #106 on: September 03, 2024, 07:46:23 AM »
The trend is bullish now, but this does not mean that everything should grow like a rocket) I think that we still have everything ahead of us and we will still see good growth, but we need to wait a little and closer to the end of the year or a little earlier, many predict good growth, whether bitcoin will be in this growth at a price of 100k, I don’t know, but personally, it is more important to me how much altcoins will grow and not just one bitcoin.
Yeah, we've escaped the bottom and BTC has had an impressive recovery from $16K to $74K, however, market sentiment is still easily pushed into Fear when BTC price drops about 20%. This shows that the market is not yet ready to enter a bullrun and consolidation is necessary for both BTC and many ALTS.

I expect that BTC will reach $150K - 170K in this cycle, so I'm willing to accept any fluctuations on BTC journey to that price zone. I've also started DCA ALTS and hope that BTC price rise above $100K will trigger altseason and we will see the crypto total cap surpass $6T, double the ATH of the bullrun 2021.

I also hope for good growth, but I can’t imagine that Bitcoin won’t grow a lot. I think that its growth should slow down a lot and altcoins should start growing. I still think that it’s much more important for the market if altcoins grow than just Bitcoin. I understand that the entire market is following it, but sooner or later it should give up its positions.

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Re: why do you think 100k is possible after halving
« Reply #106 on: September 03, 2024, 07:46:23 AM »

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Offline Jating

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Re: why do you think 100k is possible after halving
« Reply #107 on: September 03, 2024, 08:56:42 AM »
The trend is bullish now, but this does not mean that everything should grow like a rocket) I think that we still have everything ahead of us and we will still see good growth, but we need to wait a little and closer to the end of the year or a little earlier, many predict good growth, whether bitcoin will be in this growth at a price of 100k, I don’t know, but personally, it is more important to me how much altcoins will grow and not just one bitcoin.
Yeah, we've escaped the bottom and BTC has had an impressive recovery from $16K to $74K, however, market sentiment is still easily pushed into Fear when BTC price drops about 20%. This shows that the market is not yet ready to enter a bullrun and consolidation is necessary for both BTC and many ALTS.

I expect that BTC will reach $150K - 170K in this cycle, so I'm willing to accept any fluctuations on BTC journey to that price zone. I've also started DCA ALTS and hope that BTC price rise above $100K will trigger altseason and we will see the crypto total cap surpass $6T, double the ATH of the bullrun 2021.

I also hope for good growth, but I can’t imagine that Bitcoin won’t grow a lot. I think that its growth should slow down a lot and altcoins should start growing. I still think that it’s much more important for the market if altcoins grow than just Bitcoin. I understand that the entire market is following it, but sooner or later it should give up its positions.

Sooner or later though, the growth spurt will slow down, but I don't think this is the cycle though. And I do agree with what others says, we still have the basic economic law of supply and demand, so as time goes by, there will be demand that will shoot up the price to $100k. But one thing that we need to have is that we should be patience and wait till the bull run started as it is hard to stop once it gets going and then suddenly the price goes into $100k.
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Offline ZAINmalik75

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Re: why do you think 100k is possible after halving
« Reply #108 on: September 03, 2024, 05:12:42 PM »
Let's just wait, the possibility of bitcoin price will touch $100K early next year, we'll just see later before the bullish usually there is good news that makes bitcoin demand soar. After being able to touch $100k, the possibility of Top ATh will approach $150K.
The elections are set to take place in November, and if the results favor the crypto community, the market could start to rise from there. However, I don't believe that BTC will reach $100,000, even if the outcome is favorable for crypto. It would take much bigger news to push BTC to $100,000.

I have also learned that the impact of the upcoming halving on BTC's price has yet to fully take effect. If this event hasn't started to influence BTC's price yet, it might be the significant catalyst we need. The halving reduces supply while demand is increasing steadily, which could drive prices higher.
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Re: why do you think 100k is possible after halving
« Reply #109 on: September 04, 2024, 11:00:22 PM »
Let's just wait, the possibility of bitcoin price will touch $100K early next year, we'll just see later before the bullish usually there is good news that makes bitcoin demand soar. After being able to touch $100k, the possibility of Top ATh will approach $150K.
The elections are set to take place in November, and if the results favor the crypto community, the market could start to rise from there. However, I don't believe that BTC will reach $100,000, even if the outcome is favorable for crypto. It would take much bigger news to push BTC to $100,000.

I have also learned that the impact of the upcoming halving on BTC's price has yet to fully take effect. If this event hasn't started to influence BTC's price yet, it might be the significant catalyst we need. The halving reduces supply while demand is increasing steadily, which could drive prices higher.
Let's just wait for the US election results and hopefully there will be good news that can push the bitcoin price up at that time. I think $100K is still a reasonable price to occur when approaching the bullish season, because bitcoin halving has happened, but demand has not increased.
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Re: why do you think 100k is possible after halving
« Reply #110 on: September 06, 2024, 10:11:57 AM »
Let's just wait, the possibility of bitcoin price will touch $100K early next year, we'll just see later before the bullish usually there is good news that makes bitcoin demand soar. After being able to touch $100k, the possibility of Top ATh will approach $150K.
The elections are set to take place in November, and if the results favor the crypto community, the market could start to rise from there. However, I don't believe that BTC will reach $100,000, even if the outcome is favorable for crypto. It would take much bigger news to push BTC to $100,000.

I have also learned that the impact of the upcoming halving on BTC's price has yet to fully take effect. If this event hasn't started to influence BTC's price yet, it might be the significant catalyst we need. The halving reduces supply while demand is increasing steadily, which could drive prices higher.
Let's just wait for the US election results and hopefully there will be good news that can push the bitcoin price up at that time. I think $100K is still a reasonable price to occur when approaching the bullish season, because bitcoin halving has happened, but demand has not increased.
On the prospects of attaining the price of bitcoin to $100,000 it was said that it completely depends with the US election, and other market occurrences. If there is some positive news that may increase overall market sentiment of people it might bring Bitcoin price even closer to that figure especially during the bull season. Since the halving is already in progress and it is quite an expectation that the demand will commence to rise, the $100k could be reasonably considered a proper price point as the market starts to climb up. However, we will have to follow the course and the new events to understand how these variables will influence the Bitcoin price in the future.

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Re: why do you think 100k is possible after halving
« Reply #111 on: September 06, 2024, 11:32:23 AM »
On the prospects of attaining the price of bitcoin to $100,000 it was said that it completely depends with the US election, and other market occurrences. If there is some positive news that may increase overall market sentiment of people it might bring Bitcoin price even closer to that figure especially during the bull season. Since the halving is already in progress and it is quite an expectation that the demand will commence to rise, the $100k could be reasonably considered a proper price point as the market starts to climb up. However, we will have to follow the course and the new events to understand how these variables will influence the Bitcoin price in the future.
That is right Bitcoin price reaching $100k depends on many things like US election and how people feel about market. If there is good news and market is doing well Bitcoin's price might get closer to $100k. Halving process.which makes Bitcoin scarcer could also make more people want to buy it and that could drive up price. Reaching $100,000 seems like big goal but it is not impossible because we can see Bitcoin attempting again and again two to three times it has been touched ATH and soon it will go above $100,000.

We need to keep an eye on what is happening in the market and how it affects Bitcoin price. Only time will tell if everything will come together to help Bitcoin's price keep going up and will cross the $100k target.

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Re: why do you think 100k is possible after halving
« Reply #111 on: September 06, 2024, 11:32:23 AM »


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Re: why do you think 100k is possible after halving
« Reply #112 on: September 06, 2024, 12:16:40 PM »
Who would have thought that Bitcoin would reach a five digit level and be adopted by many countries? So what will stop you from thinking and discussing that Bitcoin will reach the $100k level or even more like $1 million.
I don't want to be part of the naysayers after Bitcoin reached this level, I just hope that the long shot $1 million price of Bitcoin will happen in my lifetime so I can be part of the celebration.
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Re: why do you think 100k is possible after halving
« Reply #113 on: September 06, 2024, 12:42:05 PM »
The trend is bullish now, but this does not mean that everything should grow like a rocket) I think that we still have everything ahead of us and we will still see good growth, but we need to wait a little and closer to the end of the year or a little earlier, many predict good growth, whether bitcoin will be in this growth at a price of 100k, I don’t know, but personally, it is more important to me how much altcoins will grow and not just one bitcoin.
Yeah, we've escaped the bottom and BTC has had an impressive recovery from $16K to $74K, however, market sentiment is still easily pushed into Fear when BTC price drops about 20%. This shows that the market is not yet ready to enter a bullrun and consolidation is necessary for both BTC and many ALTS.

I expect that BTC will reach $150K - 170K in this cycle, so I'm willing to accept any fluctuations on BTC journey to that price zone. I've also started DCA ALTS and hope that BTC price rise above $100K will trigger altseason and we will see the crypto total cap surpass $6T, double the ATH of the bullrun 2021.

I also hope for good growth, but I can’t imagine that Bitcoin won’t grow a lot. I think that its growth should slow down a lot and altcoins should start growing. I still think that it’s much more important for the market if altcoins grow than just Bitcoin. I understand that the entire market is following it, but sooner or later it should give up its positions.

Sooner or later though, the growth spurt will slow down, but I don't think this is the cycle though. And I do agree with what others says, we still have the basic economic law of supply and demand, so as time goes by, there will be demand that will shoot up the price to $100k. But one thing that we need to have is that we should be patience and wait till the bull run started as it is hard to stop once it gets going and then suddenly the price goes into $100k.

I agree with you that with very strong growth, everything will grow and Bitcoin should also grow, most likely in this period Bitcoin will not give up its positions or will not give up much and will, as before, dominate the market by an average of 50%, then sooner or later this should change and it will stop growing strongly.

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Re: why do you think 100k is possible after halving
« Reply #114 on: September 06, 2024, 06:12:18 PM »
Let's just wait for the US election results and hopefully there will be good news that can push the bitcoin price up at that time. I think $100K is still a reasonable price to occur when approaching the bullish season, because bitcoin halving has happened, but demand has not increased.
Demand is rising steadily, but it could drop if investors change their outlook on the market and no longer see it as bullish. When that happens, they’ll start selling, and even if the US election pushes BTC prices up, people will still sell high to book profits, leading to a major dump.

The right time to buy BTC is now, while it’s around $55k—this is the best time. When it hits that $100k target, we can sell. In other words, $100k is still possible, especially after the halving. We don’t know what positive news might come our way.
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Re: why do you think 100k is possible after halving
« Reply #115 on: September 07, 2024, 02:13:35 AM »
Let's just wait for the US election results and hopefully there will be good news that can push the bitcoin price up at that time. I think $100K is still a reasonable price to occur when approaching the bullish season, because bitcoin halving has happened, but demand has not increased.
Demand is rising steadily, but it could drop if investors change their outlook on the market and no longer see it as bullish. When that happens, they’ll start selling, and even if the US election pushes BTC prices up, people will still sell high to book profits, leading to a major dump.

The right time to buy BTC is now, while it’s around $55k—this is the best time. When it hits that $100k target, we can sell. In other words, $100k is still possible, especially after the halving. We don’t know what positive news might come our way.
Bitcoin price is currently $53K, I think this is the time to buy bitcoin and some top coins. I am actually curious about the crypto market after the US presidential election, but for me whoever the president is, crypto will still be there and if there is a big correction, crypto will improve again so I am preparing for a long term hold.

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Re: why do you think 100k is possible after halving
« Reply #116 on: September 07, 2024, 09:33:00 AM »
Bitcoin price is currently $53K, I think this is the time to buy bitcoin and some top coins. I am actually curious about the crypto market after the US presidential election, but for me whoever the president is, crypto will still be there and if there is a big correction, crypto will improve again so I am preparing for a long term hold.
Buying at the current price could turn out to be a good trade, even for short-term gains, because BTC is likely to recover to $60k soon. Investors with large capital can make great profits, but that’s just a prediction. BTC dropped to $55k when big events were happening, like Germany selling 50k BTC and MT Gox repaying their users.

Now, there aren’t any such events, but the market is still dumping, which is confusing, with no solid reason for why BTC is dropping. Trading is risky right now, but if you’re planning to hold for the long term, it’s not as risky because long-term holders are likely to make money, even if they buy now.
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Re: why do you think 100k is possible after halving
« Reply #117 on: September 07, 2024, 03:23:12 PM »
Bitcoin price is currently $53K, I think this is the time to buy bitcoin and some top coins. I am actually curious about the crypto market after the US presidential election, but for me whoever the president is, crypto will still be there and if there is a big correction, crypto will improve again so I am preparing for a long term hold.
Buying at the current price could turn out to be a good trade, even for short-term gains, because BTC is likely to recover to $60k soon. Investors with large capital can make great profits, but that’s just a prediction. BTC dropped to $55k when big events were happening, like Germany selling 50k BTC and MT Gox repaying their users.

Now, there aren’t any such events, but the market is still dumping, which is confusing, with no solid reason for why BTC is dropping. Trading is risky right now, but if you’re planning to hold for the long term, it’s not as risky because long-term holders are likely to make money, even if they buy now.
I also have the same thought as you, buying now is the right time because bitcoin price has dropped to $54K, but is this already the bottom, or tomorrow morning bitcoin price will drop below $50K. Sometimes as an investor I face this dilemma, but I decide to buy some with my funds and will buy back when it drops further.

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Re: why do you think 100k is possible after halving
« Reply #118 on: September 07, 2024, 09:03:02 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.
personally I believe there are numerous factors that give me the hopes of bitcoin hitting a 100k in some time. However I can't really say how soon. Firstly the reason a 100k price would be possible amongst many other factors, is the observation of bitcoin market trend. Bitcoin has over the years had the trend of pumping after some period of time when a new halving block has just been completed. If you should observe past trend you would notice that bitcoin usually dips shortly after the halving block and then after some time the dip is followed by a pump in price.
Infact we are already in the bear And according to the trend I mentioned , the best is to expect a bull market though telling how soon would be difficult.
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Re: why do you think 100k is possible after halving
« Reply #119 on: September 07, 2024, 09:19:43 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.
personally I believe there are numerous factors that give me the hopes of bitcoin hitting a 100k in some time. However I can't really say how soon. Firstly the reason a 100k price would be possible amongst many other factors, is the observation of bitcoin market trend. Bitcoin has over the years had the trend of pumping after some period of time when a new halving block has just been completed. If you should observe past trend you would notice that bitcoin usually dips shortly after the halving block and then after some time the dip is followed by a pump in price.
Infact we are already in the bear And according to the trend I mentioned , the best is to expect a bull market though telling how soon would be difficult.

I agree with this and look at the trend and the pattern shows on the chart it is a symmentrical bullish flag it is gradually dropping and then it would suddenly rise soon.
The only problem is we do not know when I am expecting it will rise and touch $80k this coming christmas before it hits $100k next year.
We always see a price surge every December based on the old data or around January it might happen again this coming Christmas and the new year if not then the previous data and Bitcoin price action is totally different from the past. If BTC didn't hit that price then the whole market is different since lots of things changed compared to the past, crypto is now regulated unlike before and more companies and traders joined to play the ups and downs of any crypto.
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