Is anyone still optimistic about BTC skyrocketing $100k?

[bayu7adi]

What makes you so confident? Seeing BTC experience several corrections, even quite steep, plunging from $70k to $50k in less than a week...
How confident are you that the BTC you are holding now will be able to break through the $100k level?
Is the halving cycle reason alone strong enough to be the reason??

Forgive me if I am on the wrong board to create this topic.

[pieppiep]

What makes you so confident? Seeing BTC experience several corrections, even quite steep, plunging from $70k to $50k in less than a week...
How confident are you that the BTC you are holding now will be able to break through the $100k level?
Is the halving cycle reason alone strong enough to be the reason??

Forgive me if I am on the wrong board to create this topic.

I believe that the price of Bitcoin can reach $100,000 driven by several factors that can be seen directly, although there is no guarantee in the highly volatile crypto market.

First, we can see the increasingly widespread adoption with more and more large companies, financial institutions, and governments recognizing and adopting Bitcoin, increasing demand and the potential for price increases.

The next factor is the Limited Supply, the total number of Bitcoins that will be in circulation is limited, which is 21 million coins. Directly this limitation, combined with increasing demand, can push the price up.

Third, we can see from the inflation factor and the instability of fiat currencies, Many investors see Bitcoin as a hedge against inflation and instability of fiat currencies. If confidence in fiat currencies decreases, interest in Bitcoin as an alternative asset could increase.

Finally, we can see from the development of blockchain technology, Innovation in the blockchain technology that underlies Bitcoin can trigger new use cases and increase the value of Bitcoin very significantly.

[bitterguy28]

What makes you so confident? Seeing BTC experience several corrections, even quite steep, plunging from $70k to $50k in less than a week...

my belief and trust on Bitcoin is enough alone to not make me fear for my funds the past cycles have shown how for every one Bitcoin has reached heights in terms of price

I am still clinging on to that history of Bitcoin and hoping it will happen the same this year

How confident are you that the BTC you are holding now will be able to break through the $100k level?

99% confident

the key here is patience and I know that I just need to wait i know it will happen just not sure exactly when

[Ricardo11]

The demand for Bitcoin is constantly increasing, it will be legalized in every country at some point, it will become more complete, more people will start using Bitcoin more and more. As a result, the price of Bitcoin will definitely increase. Moreover, we will see 100K very soon, probably in 2025.

[Rubel007]

What makes you so confident? Seeing BTC experience several corrections, even quite steep, plunging from $70k to $50k in less than a week...
How confident are you that the BTC you are holding now will be able to break through the $100k level?
Is the halving cycle reason alone strong enough to be the reason??

Forgive me if I am on the wrong board to create this topic.

Bitcoin's bullish movement can start at any time. The recent market conditions seem to suggest that it may take a bit longer. We have seen dips in Bitcoin in recent times and quick recoveries from there and this is happening again and again. There are still 4 months left in this year and we can see a big change in Bitcoin price during this period which is not impossible. But we need to understand that a bullish movement takes time to start. Moreover, the market needs to rely on bearishness to generate the necessary energy to be bullish. If we are patient and don't panic, we can definitely see Bitcoin hit $100k and if it doesn't happen this year, there is a big possibility that it will happen in the next year.

[Crwth]

It hasn't been completely wrong so I think it still has a chance. There are still a lot of opportunities that we have now to take advantage of and I believe the time is still coming. We just have to be prepared in what is coming.

It might be a negative or positive but it should be done with risk management.

I am hoping for it to be positive that BTC can reach the 100k mark.

[Kemarit]

It hasn't been completely wrong so I think it still has a chance. There are still a lot of opportunities that we have now to take advantage of and I believe the time is still coming. We just have to be prepared in what is coming.

It might be a negative or positive but it should be done with risk management.

I am hoping for it to be positive that BTC can reach the 100k mark.

Of course, the future looks bright for us, we are still the $60k'ish and so with that, there are still a big chance that we are going to hit $100,000. We just need to believed that we can do it.

Just look at what happen in the last bull run, we have ups and downs, but at the end of it, we see $69,000 as the new all time high. So it might be the same case here, maybe 2.5x of that price and we will be all good in the end.

[_act_]

What makes you so confident? Seeing BTC experience several corrections, even quite steep, plunging from $70k to $50k in less than a week...

It is true that bitcoin fall from $73800 to less than $50000 but bitcoin did not fall from $70000 to $50000 in less than a week. Also that bitcoin is above $60000 now.

How confident are you that the BTC you are holding now will be able to break through the $100k level?
Is the halving cycle reason alone strong enough to be the reason??

What I have more in mind is that bitcoin has not gotten to all-time high in 2024/2025 before the bear market will start.

[gunhell16]

What makes you so confident? Seeing BTC experience several corrections, even quite steep, plunging from $70k to $50k in less than a week...
How confident are you that the BTC you are holding now will be able to break through the $100k level?
Is the halving cycle reason alone strong enough to be the reason??

Forgive me if I am on the wrong board to create this topic.

In my personal assessment of the current situation that we are facing now, I can say that we are still in correction, and I also think that correction will end a few weeks from now; it may or may not happen.

Because the movement of the market is dynamic, in short, it is still unpredictable. Because whale investors do not have the same idea of when they will sell or buy bitcoin, it is possible that these whale manipulators are just waiting for now.

[Jating]

You just have to look at Bitcoin's historically logs to see that in every 4 year cycle, we will hit a new all time high. And so we did pre-halving at $73k, but I do not think that it will be all this bull run. Sooner or later we will be on a parabolic rise and then we will see the price touching 6 digits as this is what others see in this cycle. And we don't want to see a pump that looks artificial, we want to see the market really pouring it on just like the last time. And when the herd of the bulls started to run, it's going to be very difficult to stop us, so to speak. So all we can do is just wait for it to happen, and most likely 2025, last quarter we will be able to see $100k.

[rdluffy]

Sometimes BTC makes almost inexplicable upward movements that surprise even the most optimistic 
Since last cycle I thought BTC would hit 100k, and I think it's only a matter of time before one day it reaches that price

It's not analysis, it's just my opinion, but I think it has a good chance of going up a lot at the end of the year (October, November and early December). I don't know if it will be enough for 100k, but when BTC starts to rise, it can be very fast, a matter of days before it reaches that value
If we follow the analysis of halving cycles, that 100k would only be in 2025, which is also a good possibility

[Gurujebs]

What makes you so confident? Seeing BTC experience several corrections, even quite steep, plunging from $70k to $50k in less than a week...
How confident are you that the BTC you are holding now will be able to break through the $100k level?
Is the halving cycle reason alone strong enough to be the reason??

Forgive me if I am on the wrong board to create this topic.

Bitcoin has been politically tied down and that is what many people are optimistic about, I don't know tomorrow for sure but if Trump win US in November, there is going to be a fast run up of Bitcoin to such level, it might not be that $100k exactly but there is going to be a too close price, probably aounrd $90k+ before a small correction and then another push to cross the price.

There are rumors around that CZ  is also out of prison and now moved to a safe house, if this is true, it's going to coincide with US election and that's going to be more bullish if he supports Bitcoin once again but if Trump doesn't win election, there is going to be drama in the Bitcoin market.

[Bobcrypto]

The demand for Bitcoin is constantly increasing, it will be legalized in every country at some point, it will become more complete, more people will start using Bitcoin more and more. As a result, the price of Bitcoin will definitely increase. Moreover, we will see 100K very soon, probably in 2025.

Yes, you have well spoken, the price of bitcoin has been proven very difficult to predict and will continue to rise as long as there is increasing adoptions. The higher the number of the community the more likely price increase both on the long or short run bases.
I am optimistic that Bitcoin will hit another All Time High and price may touch $85k by the next bull run probably in $2025. .Hopefully we may see another pump to $75k at the end of
this year.

[bounceback]

Nothing impossible in cryptocurrency and moment when bitcoin success reach new ATH price last several months ago give us proof how bitcoin price decreasing most significant. But seems difference since last four months ago after bitcoin reach new ATH recently bitcoin get stable and more correction than recovery back to higher price.
Looking how bitcoin price get difficult up seems little pessimistic with bitcoin will break out until $100k but its not close opportunity just waiting around several months later. In this month not any opportunity for bitcoin get up until $100k after many time difficult break out and always get bad news make bitcoin have many time correction.

[Azharul]

Bitcoin is the best valuable currency in the crypto currency market. We also know it’s price is one of the best position still in long time. Sometimes we saw that bitcoin price is down, and sometimes we saw that it’s price is very pump. I think gradually it’s price will increase, i hope it will pass to $100k. Hopefully in future it’s market level will be high, and i think in 2025 it tuch of $85k. So if we decided to hold or invest in bitcoin  it will be correct decision for all bitcoin users.