why do you think 100k is possible after halving

[dekafee79]

Just look at the current price! It is only around $57k. I know it is not impossible to be $100k but it should take time to reach that price. It won't suddenly to be $100k in few weeks only. IMHO, there is a small chance to be $100k in the next 2-3 months. If it will be $100k, I think it is probably in the next year.

Trying to be confident is okay but we must consider a realistic aspect. Sure, we have high volatility, some coins can increase hundred percentages in a short time. But it is altcoins, Bitcoin is quite different. Bitcoin won't increase suddenly like altcoins, it has a certain pattern of its price growth.

 

Learned more from several time halving edition, not guarantee few months later after halving bitcoin have good progress raise to higher price and most dominance with correction.
I think many people huge speculated with bitcoin will raise up to $100k after halving but the fact have to see bitcoin drop under $57k or more than 30% correction from ATH price.
Right now many aspect can bring negative or make people panic for selling their bitcoin assets, bad news any where make difficult to see bitcoin will raise $100k although its not impossible but taken longer time than our expectation waiting for set up target sell bitcoin assets.

Keep patient and be confident, dude. because the bullish seaaon will happen next year. Indeed we hope the price of bitcoin will rise to $ 100K or more but this hope is for the deep year, because it seems that this year there will be no possibility that bitcoin will reach a new ATH but below $ 80K this year, maybe we will see it in November or December.

[alltalk]

Learned more from several time halving edition, not guarantee few months later after halving bitcoin have good progress raise to higher price and most dominance with correction.

If you learned the previous halvings, you must be aware that Bitcoin tends to increase significantly again in the next 1 year. Since the halving is in this year, the next high price should be in the next year (2025). After the halving, there will be some dumps and sideways in the next few months. We are about 5 months after the halvings, just be patient to wait for the next year. We are almost reaching the end of this year and move to the beginning of the next year.

I think many people huge speculated with bitcoin will raise up to $100k after halving but the fact have to see bitcoin drop under $57k or more than 30% correction from ATH price.

It is normal that people expected the price to be $100k. In 2021, we even speculated the price may cross $100k.
However, it should take time, it won't be immediately reaching $100k. Since we hits a new ATH before halving, it makes sense if we are experiencing dome dumps and sideways. The correction is needed to achieve higher prices.

Right now many aspect can bring negative or make people panic for selling their bitcoin assets, bad news any where make difficult to see bitcoin will raise $100k although its not impossible but taken longer time than our expectation waiting for set up target sell bitcoin assets.

FUDs and negative news will always appear, just don't think too much about it. If there is big dumps, it is not something very surprising. We don't feel panic but we must be happy because we have a chance to buy Bitcoin at lower price again. If you are confident with the target of $100k, kindly continue for holding!!

[dwyane36]

I think many people huge speculated with bitcoin will raise up to $100k after halving but the fact have to see bitcoin drop under $57k or more than 30% correction from ATH price.

It is normal that people expected the price to be $100k. In 2021, we even speculated the price may cross $100k.
However, it should take time, it won't be immediately reaching $100k. Since we hits a new ATH before halving, it makes sense if we are experiencing dome dumps and sideways. The correction is needed to achieve higher prices.

Looking at the chart, especially at the daily timeframe, I have more and more thoughts that the BTC price has been consolidating since March and that the next impulse will probably start only at the end of this year or at the beginning of next year. In other words, I'm inclined to think that the BTC price of $100k and above is likely to be only in 2025.

[philipma1957]

Why shouldn't BTC be over 100k by dec 2024 is the better question.

For now and until maybe 2032 btc should be strong

rewards are 3.12500 btc for 2024 to 2028
rewards are 1.56250 btc for 2028 to 2032

rewards are 0.78125 btc  for 2032 to 2036  this is 8 years from now and worries could start to happened with scaling and what they do but for now 2024 to 2032 we should be okay

[Wiseman]

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.

100k - 200k - 10k)) This is all possible simply by the will of the market and not because of the halving, which has not worked as a market boost for several years, now the market is only growing because of the crowd's desire to buy bitcoin and large miners have stopped promoting bitcoin for their own benefit, because bitcoin mining is practically unprofitable and bitcoin, as before until 2018, no longer grows only upwards.

[bayu7adi]

Why shouldn't BTC be over 100k by dec 2024 is the better question.

For now and until maybe 2032 btc should be strong

rewards are 3.12500 btc for 2024 to 2028
rewards are 1.56250 btc for 2028 to 2032

rewards are 0.78125 btc  for 2032 to 2036  this is 8 years from now and worries could start to happened with scaling and what they do but for now 2024 to 2032 we should be okay

Do you mean that with the small amount of rewards received by miners, it reduces miners' interest in mining activities? We know that all jobs should be profitable in order to keep running... if the BTC reward for miners is no longer in accordance with the costs incurred, it could be a sign of collapse...

We know that the price of BTC should be higher so that the reward for miners is commensurate with their expenses. This means that the price of BTC must immediately increase to accommodate miners, there are only two choices, namely increase or die... I think the role of whales and cryptocurrency supporters is needed here. Yes, just wanting to maintain BTC must remain, then the price should be a little more expensive.

[dekafee79]

Why shouldn't BTC be over 100k by dec 2024 is the better question.

For now and until maybe 2032 btc should be strong

rewards are 3.12500 btc for 2024 to 2028
rewards are 1.56250 btc for 2028 to 2032

rewards are 0.78125 btc  for 2032 to 2036  this is 8 years from now and worries could start to happened with scaling and what they do but for now 2024 to 2032 we should be okay

Do you mean that with the small amount of rewards received by miners, it reduces miners' interest in mining activities? We know that all jobs should be profitable in order to keep running... if the BTC reward for miners is no longer in accordance with the costs incurred, it could be a sign of collapse...

We know that the price of BTC should be higher so that the reward for miners is commensurate with their expenses. This means that the price of BTC must immediately increase to accommodate miners, there are only two choices, namely increase or die... I think the role of whales and cryptocurrency supporters is needed here. Yes, just wanting to maintain BTC must remain, then the price should be a little more expensive.

If the rewards received by miners are less than the costs incurred to mine, of course miners will lose and the possibility of interest in mining will decrease. Some whales are also miners so don't panic when the price of bitcoin drops because the possibility of the price of bitcoin will rise again. Let's just wait a few months ahead, many predict that bitcoin will reach ATH soon.

[alltalk]

Looking at the chart, especially at the daily timeframe, I have more and more thoughts that the BTC price has been consolidating since March and that the next impulse will probably start only at the end of this year or at the beginning of next year. In other words, I'm inclined to think that the BTC price of $100k and above is likely to be only in 2025.

You may be correct. Since March, Bitcoin price always failed to reach $73k, it even got difficulty to reach $70k again. Instead of crossing $7k, Bitcoin price even dropped below $50k. And it looks like in a sideway between $50k - $60k. Considering this fact, it is surely impossible to reach $100k in this year. I've said that it won't immediately to reach $100k, it should take time. Sure, 2025 is predicted to be the time of peak of Bitcoin price. If the peak will be $100k or above, it will happen only in 2025. However, at the end of 2024, there should be a big increase to trigger the massive improvement in the next year.

[bhadz]

Why shouldn't BTC be over 100k by dec 2024 is the better question.

For now and until maybe 2032 btc should be strong

rewards are 3.12500 btc for 2024 to 2028
rewards are 1.56250 btc for 2028 to 2032

rewards are 0.78125 btc  for 2032 to 2036  this is 8 years from now and worries could start to happened with scaling and what they do but for now 2024 to 2032 we should be okay

Interesting take. For now, everyone should be fine and expect that BTC will continue to rise up. I guess that we've got enough time for Bitcoin to see it $100k and I am fine whether it happens this December or by next year.

If the peak will be $100k or above, it will happen only in 2025. However, at the end of 2024, there should be a big increase to trigger the massive improvement in the next year.

We're putting that hope for 2025 and that's also what I am believing when we'll see BTC will surprise the world again. This year has been interesting but more interesting things could happen then.

[SmartGold01]

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.

100k - 200k - 10k)) This is all possible simply by the will of the market and not because of the halving, which has not worked as a market boost for several years, now the market is only growing because of the crowd's desire to buy bitcoin and large miners have stopped promoting bitcoin for their own benefit, because bitcoin mining is practically unprofitable and bitcoin, as before until 2018, no longer grows only upwards.

If bitcoin mining is no longer profitable then there would be no one mining bitcoin but yet there are country that just approved their bitcoin bitcoin mining, I think Russia there about but you can read here. So like you said if this where beneficial there wouldn't be a day where they would approved bitcoin mining.

[bounceback]

Looking at the chart, especially at the daily timeframe, I have more and more thoughts that the BTC price has been consolidating since March and that the next impulse will probably start only at the end of this year or at the beginning of next year. In other words, I'm inclined to think that the BTC price of $100k and above is likely to be only in 2025.

You may be correct. Since March, Bitcoin price always failed to reach $73k, it even got difficulty to reach $70k again. Instead of crossing $7k, Bitcoin price even dropped below $50k. And it looks like in a sideway between $50k - $60k. Considering this fact, it is surely impossible to reach $100k in this year. I've said that it won't immediately to reach $100k, it should take time. Sure, 2025 is predicted to be the time of peak of Bitcoin price. If the peak will be $100k or above, it will happen only in 2025. However, at the end of 2024, there should be a big increase to trigger the massive improvement in the next year.

I think not since March, but since bitcoin success break above new ATH on April never have moment for bitcoin success reach above $72 or make another new ATH. Right now dropped more than significant from the last ATH price and ever dropped under $50k last few weeks ago.
Today bitcoin have enough movement after good news from CPI with United State got reduce but its can't guarantee how long bitcoin keep existing keep in the higher price indeed to movement up more than 5% today. I don't think get easily break out above $70k in short term or need waiting again for one or two months later.

[Mr. Magkaisa]

          -       I  just think maybe in the next year that 100k$ each bitcoin will happen, and this year maybe the value of bitcoin can only reach 80k-90k. But I'm not sure about that yet; it's just my opinion.

But I'm sure that Bitcoin will reach 100k$ per Bitcoin, but no one can say when it will happen. We know that the market is unpredictable.

[Captain Corporate]

I dont really see why we should have any reason aside from previous all timr highs and bulls. We had great increases anytime we had a bull run and because of that I think we are going to see the same thing here again. If you keep thinking about more reasons then you will miss the real reason and will not do fine and I believe that we have good enough reason already so we dont need to do anything else. Obviously this is a tough situation to be in and we need to focus on getting greater esult whenever we can with what we have in the end. Obviously its not going to be too easy to see that up and will take some mo ths to get there but we will eventually get there so we do not need to worry about holding some more months

[salad daging]

          -       I  just think maybe in the next year that 100k$ each bitcoin will happen, and this year maybe the value of bitcoin can only reach 80k-90k. But I'm not sure about that yet; it's just my opinion.

But I'm sure that Bitcoin will reach 100k$ per Bitcoin, but no one can say when it will happen. We know that the market is unpredictable.

Yeah the $100K prediction is what a lot of people want, I keep reading other comments that it will happen next year although when exactly is unknown.

We're just here to speculate on the price of bitcoin, it's only fair if they have more than $100K for their predictions.

It seems that this month will be better than people think it will continue to fall, bitcoin continues to increase so it could be that by the end of know there is a continued increase to $80K.

[legend45]

          -       I  just think maybe in the next year that 100k$ each bitcoin will happen, and this year maybe the value of bitcoin can only reach 80k-90k. But I'm not sure about that yet; it's just my opinion.

But I'm sure that Bitcoin will reach 100k$ per Bitcoin, but no one can say when it will happen. We know that the market is unpredictable.

I read some of the comments above, but I'm interested here, it seems like the price of bitcoin will increase according to your prediction, bitcoin will reach $ 80K- 90K this year. We saw after trump made a payment with bitcoin, the price of bitcoin went back up to $ 63K, this is quite good and it is likely that this week we will see the price of bitcoin approaching $ 70K. And the possibility of the price of bitcoin reaching ATH of more than $ 100K will happen next year.