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Author Topic: Bitcoin Breaks Records: $90k Reached, $100k in Sight?  (Read 2154 times)

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Bitcoin Breaks Records: $90k Reached, $100k in Sight?
« on: November 12, 2024, 04:38:40 PM »
Bitcoin has made history again surging to nearly $90000 and fueling speculation about its next milestone $100000. Cryptocurrency remarkable rally has been driven by institutional investment and  global adoption and growing confidence in its store of value potential. With its current momentum Bitcoin is poised to shatter $100000 barrier. Will it continue its upward trajectory?

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Bitcoin Breaks Records: $90k Reached, $100k in Sight?
« on: November 12, 2024, 04:38:40 PM »

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Re: Bitcoin Breaks Records: $90k Reached, $100k in Sight?
« Reply #1 on: November 12, 2024, 04:57:08 PM »
Bitcoin has made history again surging to nearly $90000 and fueling speculation about its next milestone $100000. Cryptocurrency remarkable rally has been driven by institutional investment and  global adoption and growing confidence in its store of value potential. With its current momentum Bitcoin is poised to shatter $100000 barrier. Will it continue its upward trajectory?
Since Donald Trump was announced as the newly elected president of the US on 6th November, Bitcoin have been in steep bullish acceleration as the price have advanced to 30%. The reason behind the explosive demand of the mother is believed to be caused by campaign promises of Donald Trump during his campaigns which suggests that his administration will be crypto friendly and because he's yet to be sworn in, I expect more investors to continue enter the Bitcoin market which as a result will likely see us reach a new ATH of $100k before the end of year.
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Re: Bitcoin Breaks Records: $90k Reached, $100k in Sight?
« Reply #1 on: November 12, 2024, 04:57:08 PM »

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Re: Bitcoin Breaks Records: $90k Reached, $100k in Sight?
« Reply #2 on: November 12, 2024, 05:16:07 PM »
I was expecting that bitcoin would hit $90,000 but it ended up with $89,800 and reduce to $86,300 right now. And the way it is coming down, I don't think it will still hit $100,000 but I believed it will hit 100k dollar next before it will start the bear market. Bitcoin is always unpredictable because of it volatile nature in the space. I still encourage long term holders to keep hodling and not use this hype to sell your coins and regret when it hit 100k dollar plus. Let's wait and see after the new administration has taken over power and see what will happen to bitcoin.

Many people are saying Trump policies will not favor bitcoin but I believed it will favor bitcoin. Because has benefited much from the bitcoin community and bitcoin itself.
« Last Edit: November 12, 2024, 05:19:26 PM by Mate2237 »
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Re: Bitcoin Breaks Records: $90k Reached, $100k in Sight?
« Reply #3 on: November 12, 2024, 06:30:41 PM »
I was expecting that bitcoin would hit $90,000 but it ended up with $89,800 and reduce to $86,300 right now. And the way it is coming down, I don't think it will still hit $100,000 but I believed it will hit 100k dollar next before it will start the bear market. Bitcoin is always unpredictable because of it volatile nature in the space. I still encourage long term holders to keep hodling and not use this hype to sell your coins and regret when it hit 100k dollar plus. Let's wait and see after the new administration has taken over power and see what will happen to bitcoin.

Many people are saying Trump policies will not favor bitcoin but I believed it will favor bitcoin. Because has benefited much from the bitcoin community and bitcoin itself.
Whenever the prices of Bitcoin skyrocket or do the opposite, it is bound to cause confusion and there are so many ways that other forces such as government may affect it. While the price has not really hit $90 k yet, at least Bitcoin has walked on a new ATH once more. It could just sit at a very low number on purpose so those that desire to take profit out can do it and then after which we get to approach the end of the year, the Whale boosts it to $100k. Nonetheless, we should still prevent from being driven by speculation to its extremes. While sellers retain high level of confidence in long term earnings potential there are great risks inherent in betting on unpredictable change in price. Being awake and analysing the risks involved in every decision is important, more so when operating in an environment that is sensitive to changes.

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Re: Bitcoin Breaks Records: $90k Reached, $100k in Sight?
« Reply #4 on: November 12, 2024, 07:02:47 PM »
100k USD has never been so close  8)
With this rise, it's already had 25% up practically in 1 week

In my opinion, it could soon have a correction and then rise again, and we could possibly reach 100k USD
I'm very optimistic, but I know BTC can face a strong correction soon or later
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Re: Bitcoin Breaks Records: $90k Reached, $100k in Sight?
« Reply #5 on: November 12, 2024, 07:09:42 PM »
Bitcoin has made history again surging to nearly $90000 and fueling speculation about its next milestone $100000. Cryptocurrency remarkable rally has been driven by institutional investment and  global adoption and growing confidence in its store of value potential. With its current momentum Bitcoin is poised to shatter $100000 barrier. Will it continue its upward trajectory?
You should not only think that it is only caused by Donald Trump that won the election. We are also in the post halving time which is another reason.

Bitcoin will increase in price and maintain being a store of value or a hedge against inflation but this can not continue. Although bitcoin will get to ATH and get to over $100000 is what that I believe. But the bear market will still later come.

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Re: Bitcoin Breaks Records: $90k Reached, $100k in Sight?
« Reply #6 on: November 12, 2024, 07:39:43 PM »
Bitcoin has made history again surging to nearly $90000 and fueling speculation about its next milestone $100000. Cryptocurrency remarkable rally has been driven by institutional investment and  global adoption and growing confidence in its store of value potential. With its current momentum Bitcoin is poised to shatter $100000 barrier. Will it continue its upward trajectory?

It looks like it is going to hit that $100K, but it recent decline in momentum has made it uncertain. Of course, it is easier for each and everyone of us to make some speculations based on the outcome of the last 5-6 days, but as things stands, we can only wait patiently to see how things turns out from here. If eventually Bitcoin hits $90K in the next 24hours, then I believe there will be greater chance of seeing that speculated $100K.
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Re: Bitcoin Breaks Records: $90k Reached, $100k in Sight?
« Reply #6 on: November 12, 2024, 07:39:43 PM »


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Re: Bitcoin Breaks Records: $90k Reached, $100k in Sight?
« Reply #7 on: November 12, 2024, 07:57:21 PM »
It looks like it is going to hit that $100K, but it recent decline in momentum has made it uncertain. Of course, it is easier for each and everyone of us to make some speculations based on the outcome of the last 5-6 days, but as things stands, we can only wait patiently to see how things turns out from here. If eventually Bitcoin hits $90K in the next 24hours, then I believe there will be greater chance of seeing that speculated $100K.
You have a solid fact which is quite understandable. Now depending on the exchange or websites you use in viewing the charts and price movement, you may have seen price cross 90k slightly and some others very close to 90k. However it seems like 90k may just be the ath for this bull run. Anyways the fact is all these iactually just speculations because based on the volatility of Bitcoin if another huge firm should buy a couple thousand bitcoins price may still push above the 90k mark which may cause us to get to probably 100k.

However at the moment many bitcoiners are quite certain that price will not progress more than the current ath which is 90k that's the more reason many retail holders are actually selling off their coins.
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Re: Bitcoin Breaks Records: $90k Reached, $100k in Sight?
« Reply #8 on: November 12, 2024, 09:31:24 PM »
Bitcoin has made history again surging to nearly $90000 and fueling speculation about its next milestone $100000. Cryptocurrency remarkable rally has been driven by institutional investment and  global adoption and growing confidence in its store of value potential. With its current momentum Bitcoin is poised to shatter $100000 barrier. Will it continue its upward trajectory?

I think the earlier the better that we experience the $100,000 because its where our most expectations now is, since we have already gone ahead over $80,000 to $90,000 it will be more perfected if everything got rounded up to hundred, from there we may now know where we are heading to and what to expect next by the end of the year, but as for now, we still have a little longer to stay while the month is yet to go half, there is high probability of seeing ATH more before the month end.

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Re: Bitcoin Breaks Records: $90k Reached, $100k in Sight?
« Reply #9 on: November 12, 2024, 09:55:27 PM »
Bitcoin has made history again surging to nearly $90000 and fueling speculation about its next milestone $100000. Cryptocurrency remarkable rally has been driven by institutional investment and  global adoption and growing confidence in its store of value potential. With its current momentum Bitcoin is poised to shatter $100000 barrier. Will it continue its upward trajectory?

When bitcoin began to pump few days ago after the presidential elections of the United States, we saw a very big pump in the upward direction which has never lasted for this long before. The movement we are seeing is a sign of the bull run and we are already in it even though it got fuelled by the US general elections. The resistance lever was suppose to be $80-$85K as many speculators have suggested. We saw a relaxing move after it got to $88K and saw it coming down to less than $86K just today. The next momentum has now pushed it today to make a new all time high. With the way it keeps going like this, $100K is already imminent and will happen in this month.

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Re: Bitcoin Breaks Records: $90k Reached, $100k in Sight?
« Reply #10 on: November 12, 2024, 10:09:44 PM »
It still doesn't break $90k record, it is around $89,956. But it is possible to break $90k very soon.
Sure, it will try to reach $100k in the near future if BTC has crossed $90k. With many good news recently, $100k is very reasonable to be achieved at the end of this year. Most people predicted it will be achieved in the next month if December is still bullish moon again. If we consider Bitcoin monthly return, December was often to be green market, too.


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Re: Bitcoin Breaks Records: $90k Reached, $100k in Sight?
« Reply #11 on: November 12, 2024, 10:40:27 PM »
Maybe a news about Gensler finally stepping down before Trump officially sworn as 47th POTUS will push BTC over the $90K hump and then the $100K barrier will just melt like butter ;D Anyway, there's a higher likelihood that BTC would reach six digits than retracing back to $50K.

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Re: Bitcoin Breaks Records: $90k Reached, $100k in Sight?
« Reply #12 on: November 13, 2024, 04:24:52 PM »
Maybe a news about Gensler finally stepping down before Trump officially sworn as 47th POTUS will push BTC over the $90K hump and then the $100K barrier will just melt like butter ;D Anyway, there's a higher likelihood that BTC would reach six digits than retracing back to $50K.

Wow hahaha, I expect a correction of course, but not 50% at once, or so quickly  ;D
It's always impossible to guess the price or the level it might reach, but I suspect that a 60k bottom would be good and sufficient

With so many institutionals, Microstrategy etc., it seems that BTC will have a good base for not having corrections as big as in the past

But of course, that's just my opinion  :D
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Re: Bitcoin Breaks Records: $90k Reached, $100k in Sight?
« Reply #13 on: November 13, 2024, 05:03:10 PM »
In sight? It is more obvious now than ever that BTC is going to break $100K mark, I mean it may sound arrogant but I never doubted for a second that it wasn't going to do so even before this bull run started.

Many people are saying Trump policies will not favor bitcoin but I believed it will favor bitcoin. Because has benefited much from the bitcoin community and bitcoin itself.

Saw a video while back where Trump was saying — if he's elected, he'll bring crypto friendly policies in US. Let's see if he sticks true to his words.

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Re: Bitcoin Breaks Records: $90k Reached, $100k in Sight?
« Reply #14 on: November 13, 2024, 05:50:29 PM »
In sight? It is more obvious now than ever that BTC is going to break $100K mark, I mean it may sound arrogant but I never doubted for a second that it wasn't going to do so even before this bull run started.
Bitcoin is at $93k plus and have broken the resistance of $90k today. It is possible for us to see $100k price before the end of November, imagine this anxiety. Nobody expected to see this price too quick but Trump winning the election made it possible.

 

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