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Author Topic: Will Bitcoin reach $100k?  (Read 4158 times)

Offline Stompix

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Re: Will Bitcoin reach $100k?
« Reply #15 on: November 13, 2024, 07:50:18 PM »
What indicators? What retail?

It's all the effect of Trump, this is pure FOMO and will for sure break the $100k barrier, nothing has just for the basics, this is just people thinking something radical is on the horizon and that think Trump will start some crypto reserve or something, everyone is just holding their coins and unfortunately enough some wait for a moment to dump.

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Re: Will Bitcoin reach $100k?
« Reply #15 on: November 13, 2024, 07:50:18 PM »

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Offline bitcoin-shark

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Re: Will Bitcoin reach $100k?
« Reply #16 on: November 13, 2024, 07:54:43 PM »
In my opinion what is seriously pushing it upwards are not the ETFs but the election of Trump and given the latest increases of $10k at a time if it isn't this year it will certainly reach $100k at the beginning of next year
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Re: Will Bitcoin reach $100k?
« Reply #16 on: November 13, 2024, 07:54:43 PM »

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Re: Will Bitcoin reach $100k?
« Reply #17 on: November 13, 2024, 08:26:39 PM »

Strong ETF inflows, increasing retail participation, and positive technical indicators suggest the rally could continue, potentially pushing Bitcoin to $100,000 by year-end. However, investors are advised to remain cautious and stay informed about potential market risks.

let discuss this risk!
From the looks of BTC graph one thing is for sure that investors are throwing money in BTC and they have taken it as a challenge to take the price of BTC to $100k. Many investors have already exited from the market but BTC is still pumping making them panic and a victim of FOMO but those who trusted BTC are not in more profit.

$100k is not a big deal now BTC will certainly make it and for the next bull run what should we be expecting from it then $150k or $200k. I think $200k should be our next bull run target.
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Re: Will Bitcoin reach $100k?
« Reply #18 on: November 13, 2024, 08:39:21 PM »

Strong ETF inflows, increasing retail participation, and positive technical indicators suggest the rally could continue, potentially pushing Bitcoin to $100,000 by year-end. However, investors are advised to remain cautious and stay informed about potential market risks.

let discuss this risk!
Investing in crypto is always risky because the crypto market runs on hype most of the time.  For example, there is currently a huge hype on Bitcoin surrounding Donald Trump, which is causing Bitcoin to pump more than expected. Crossing 100k was a challenging affair for Bitcoin in this halving. But due to huge amount of hype it looks like Bitcoin will cross 100k this year itself.  Bitcoin price already hit 93k today. Only $7k left to hit 100k.  So expect Bitcoin to hit $100,000 within this year and then major correction
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Offline Gurujebs

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Re: Will Bitcoin reach $100k?
« Reply #19 on: November 13, 2024, 08:58:16 PM »
Investing in crypto is always risky because the crypto market runs on hype most of the time.  For example, there is currently a huge hype on Bitcoin surrounding Donald Trump, which is causing Bitcoin to pump more than expected. Crossing 100k was a challenging affair for Bitcoin in this halving. But due to huge amount of hype it looks like Bitcoin will cross 100k this year itself.  Bitcoin price already hit 93k today. Only $7k left to hit 100k.  So expect Bitcoin to hit $100,000 within this year and then major correction

It's going to be a hard correction if Donald Trump finally brings out his crypto reformation and not included as the reserve money people are hyping about. Not saying anything isn't possible, he made many promises as a politician and I still view him as a politician anytime he get to the white house, it will take any president to prioritize dollar before Bitcoin anytime any day.

$100k in my opinion is already in the bag, I'm even thinking it might not be 100k but perhaps $99,500 and the smart ones will dump there and wait January on the Trump will get to the white house, we will see if this are just bluffing ot real establishment for Bitcoin.
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Re: Will Bitcoin reach $100k?
« Reply #20 on: November 13, 2024, 09:24:57 PM »
At first I was thinking the bull was quite over as it stands I really don't think so anymore. It is very much possible for bitcoin to surpass the 100k Mark sooner that's because the momentum of these pressure of the bull is very strong. The reason I seem to have relented at first was because of the retracement it had a couple of hours ago where we were back to around 86k.
Currently as at the time of me writing this post when last I checked Bitcoin is currently at 92k and still pushing well from the momentum we may get to around 93k or 94k before probably retracing which if this momentum should continue I don't think we would anyway till probably be 100k markets reached. At this point I guess all to say is happy hodling.
Bitcoin hitting the $100k mark is finally a just a few thousands of dollars left, the price after reaching $93k today have again replaced back to $90k at the time of writing this comment.
Personally, I am assuming that in the next leg up should may likely be tonight or tomorrow, it may get to $96k and retrace abit again, then after that, $99k and then retrace back to $95k and stay in that range for a while like few days before it finally touches $100k and then we might see a major correction which may last for about a week before the price continues up again.

The above is my personal speculation and opinion, not meant to be a financial advice or anything of sort.
A lot of people are waiting to possibly sell at $100k, this is the reason why we may likely see a significant correction as soon as Bitcoin touch $100k
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Re: Will Bitcoin reach $100k?
« Reply #21 on: November 13, 2024, 09:33:39 PM »

Strong ETF inflows, increasing retail participation, and positive technical indicators suggest the rally could continue, potentially pushing Bitcoin to $100,000 by year-end. However, investors are advised to remain cautious and stay informed about potential market risks.

let discuss this risk!
From the looks of BTC graph one thing is for sure that investors are throwing money in BTC and they have taken it as a challenge to take the price of BTC to $100k. Many investors have already exited from the market but BTC is still pumping making them panic and a victim of FOMO but those who trusted BTC are not in more profit.

$100k is not a big deal now BTC will certainly make it and for the next bull run what should we be expecting from it then $150k or $200k. I think $200k should be our next bull run target.
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Re: Will Bitcoin reach $100k?
« Reply #21 on: November 13, 2024, 09:33:39 PM »


Offline dekafee79

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Re: Will Bitcoin reach $100k?
« Reply #22 on: November 13, 2024, 09:56:29 PM »

Strong ETF inflows, increasing retail participation, and positive technical indicators suggest the rally could continue, potentially pushing Bitcoin to $100,000 by year-end. However, investors are advised to remain cautious and stay informed about potential market risks.

let discuss this risk!
From the looks of BTC graph one thing is for sure that investors are throwing money in BTC and they have taken it as a challenge to take the price of BTC to $100k. Many investors have already exited from the market but BTC is still pumping making them panic and a victim of FOMO but those who trusted BTC are not in more profit.

$100k is not a big deal now BTC will certainly make it and for the next bull run what should we be expecting from it then $150k or $200k. I think $200k should be our next bull run target.
This is what I'm afraid of, and it might become FOMO for many people. I've sold my bitcoin at $76K but it turns out that the price of bitcoin is getting higher and even touching the latest ATH of $93K. There is a little regret but everything has happened. I will wait for a correction to buy back and seek profit if the price of bitcoin goes up again. I will do short and medium term trading with scalping when the market is moving up.

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Re: Will Bitcoin reach $100k?
« Reply #23 on: November 14, 2024, 08:00:33 AM »
Personally, I am assuming that in the next leg up should may likely be tonight or tomorrow, it may get to $96k and retrace abit again, then after that, $99k and then retrace back to $95k and stay in that range for a while like few days before it finally touches $100k and then we might see a major correction which may last for about a week before the price continues up again.
You have a nice point which is quite logical . Anyways the fact is based on the recent behavior of this bull and say the best we can do is speculate and see what happens full stop is very possible that we will break over 100k even today however it is also possible for us to retrace back to probably 80k or less.

The thing is bitcoin's volatility makes it quite difficult to predict at times. Take for example at this point we seem to be consolidating or making a very minor retest to the downside however it's very possible that a big firm probably black rock may decide to purchase some more bitcoins and boom you see price spiking up once again with a very strong momentum. Some persons already made the mistake of selling off their coins at the 80k Mark thinking a retracement would start from there. I think the best thing to do is wait and see what happens.
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Re: Will Bitcoin reach $100k?
« Reply #24 on: November 14, 2024, 08:50:53 AM »
It's all the effect of Trump, this is pure FOMO and will for sure break the $100k barrier, nothing has just for the basics, this is just people thinking something radical is on the horizon and that think Trump will start some crypto reserve or something, everyone is just holding their coins and unfortunately enough some wait for a moment to dump.
But what do you think about Trump to make bitcoin a strategic reserve? Some people are saying United States will not allow that. Sorry for the off-topic question.

What I have noticed about the price of bitcoin now is that $90000 is a very strong barrier. Bitcoin did not show support at that price unlike how it was when it got to $80000. $100000 is certain but the $900000! resistance need to be broken. It is at $90400 right now, I hope this would be a support instead. It is also true that the Trump effect played a role in this present bull run.

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Re: Will Bitcoin reach $100k?
« Reply #25 on: November 14, 2024, 09:16:20 AM »

Strong ETF inflows, increasing retail participation, and positive technical indicators suggest the rally could continue, potentially pushing Bitcoin to $100,000 by year-end. However, investors are advised to remain cautious and stay informed about potential market risks.

let discuss this risk!

As at the time of writing this post, price is at $89700, though Btc has touched $92400. The demand right now is on a high level, ETF, retail demand, institutions coming on boards, and low supply on the market will push the price to #100k very soon.
Price increasing expectations are high, a proof of the current demands we are experiencing. My predictions for btc is beyond #100k, hopefully by early 2025.

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Re: Will Bitcoin reach $100k?
« Reply #26 on: November 15, 2024, 04:43:52 PM »
This is what I'm afraid of, and it might become FOMO for many people. I've sold my bitcoin at $76K but it turns out that the price of bitcoin is getting higher and even touching the latest ATH of $93K. There is a little regret but everything has happened. I will wait for a correction to buy back and seek profit if the price of bitcoin goes up again. I will do short and medium term trading with scalping when the market is moving up.
You certainly sold very early and I can feel how you are feeling right now this feeling is bad and full of regret but with time and with good correction I hope you will be able to take another entry at good point so you could make more profit when in future it will make that much pump.

Did you held on those stable tokens or you did trade on other alts? The best way was to use the funds to trade in alts and left half or more in BTC but if you have converted all then you won't get huge returns on BTC but in alts you can.
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Re: Will Bitcoin reach $100k?
« Reply #27 on: November 15, 2024, 07:06:19 PM »
The possibility of huge dump could be very hard because currently the market is settling within 88-90k this is as a result of more investor buying with serious pressure to prepare themselves towards 100k benchmark.
So the target is 100k and anyone trading should watch out to this price level otherwise after reaching the level there will be a strong pull back and which might likely touched 70k to prepare itself for another level of 110-150k before the year runs out.

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Re: Will Bitcoin reach $100k?
« Reply #28 on: November 15, 2024, 09:03:08 PM »
From the looks of BTC graph one thing is for sure that investors are throwing money in BTC and they have taken it as a challenge to take the price of BTC to $100k. Many investors have already exited from the market but BTC is still pumping making them panic and a victim of FOMO but those who trusted BTC are not in more profit.
Throwing money in BTC? They are investing money, dude.  :D
It is not a challenge, it is just a speculation for $100k. However, it is reasonable to reach now because Bitcoin has crossed $90k. It is getting closer with $100k. Well, I'm sure there are many investors who still keep their Bitcoin. Only weak holders left the market now.

$100k is not a big deal now BTC will certainly make it and for the next bull run what should we be expecting from it then $150k or $200k. I think $200k should be our next bull run target.
$100k is very possible to reach because it is very close with $100k. But it may take a quite long time to reach $100k. No gurantee to reach this month, it may be in the next month. Well, even if it is not impossible to reach $200k but I think we won't pass $150k. $200k may be the target for the next bullrun season.

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Re: Will Bitcoin reach $100k?
« Reply #29 on: November 15, 2024, 09:55:55 PM »
The possibility of huge dump could be very hard because currently the market is settling within 88-90k this is as a result of more investor buying with serious pressure to prepare themselves towards 100k benchmark.

Yeah, I thought that there will be a dump or at least some correction, when we hit $93k. The price went down though to $87k, but the FOMO is real as we are back to $90k at this point.

So the target is 100k and anyone trading should watch out to this price level otherwise after reaching the level there will be a strong pull back and which might likely touched 70k to prepare itself for another level of 110-150k before the year runs out.

This is the price that everyone is looking for in the next phase of this bull market. Once we hit that $100k, next target is $120k-$150k. But I'm not sure if there will be a big pullback or just the market going on parabolic rise in the next couple of months.

 

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