Will Bitcoin reach $100k?

[SmartGold01]

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.

There will be pull back though it's not certain that it must happen or to have that effect towards the market, even though bull has gained more momentum to keep sustaining the price at 87-90k plus we might definitely experience changes. The market can not keep rising without correction and correction gives it more strength to create another price level.

[Primo1760]

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!

Bitcoin hit an all-time high we saw at $93,434. Bitcoin settled at $93,434 but was dumped around $85,000 for some time And from there creating a strong support zone, the market is moving upwards again and is above $90,000.Since Bitcoin has started to rise again, we can assume that Bitcoin has the potential to reach $100k by this month of November. Some are predicting that Bitcoin may not grow any further and may not reach $100,000 by 2024 but I expect Bitcoin to hit $100,000 by this week or November.

[Sim_card]

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.

There will be pull back though it's not certain that it must happen or to have that effect towards the market, even though bull has gained more momentum to keep sustaining the price at 87-90k plus we might definitely experience changes. The market can not keep rising without correction and correction gives it more strength to create another price level.

Corrections are part of the price movement of bitcoin and what makes it unpredictable to know which side the market will move towards either upward or downward. Also it gives room for traders to make profit and investors who are on regular DCA to benefit from volatile nature of bitcoin. Like you said a correction is needed for the price to go above the previous.

[SmartGold01]

There will be pull back though it's not certain that it must happen or to have that effect towards the market, even though bull has gained more momentum to keep sustaining the price at 87-90k plus we might definitely experience changes. The market can not keep rising without correction and correction gives it more strength to create another price level.

Corrections are part of the price movement of bitcoin and what makes it unpredictable to know which side the market will move towards either upward or downward. Also it gives room for traders to make profit and investors who are on regular DCA to benefit from volatile nature of bitcoin. Like you said a correction is needed for the price to go above the previous.

Sure there is every room that we must see market correction for the price to create another ATH, even though it doesn't move upwardly at least there may be a slow down in price increase to create new price order. There may some resistance along the line because of previous investors who are willing to take profits will be on a steady selling, causing the price to be at a particular level for some period of time let say it will remain within 89-93k till when the selling pressure is reduced.

[dekafee79]

There will be pull back though it's not certain that it must happen or to have that effect towards the market, even though bull has gained more momentum to keep sustaining the price at 87-90k plus we might definitely experience changes. The market can not keep rising without correction and correction gives it more strength to create another price level.

Corrections are part of the price movement of bitcoin and what makes it unpredictable to know which side the market will move towards either upward or downward. Also it gives room for traders to make profit and investors who are on regular DCA to benefit from volatile nature of bitcoin. Like you said a correction is needed for the price to go above the previous.

Sure there is every room that we must see market correction for the price to create another ATH, even though it doesn't move upwardly at least there may be a slow down in price increase to create new price order. There may some resistance along the line because of previous investors who are willing to take profits will be on a steady selling, causing the price to be at a particular level for some period of time let say it will remain within 89-93k till when the selling pressure is reduced.

I see bitcoin is still above $90K, it seems we will not see a sharper correction, because if we expect a correction and altcoin season to come we should wait for that shift. Bitcoin is still stable and maybe if there is a correction we will see altcoins start to move down and then up along with the increase in bitcoin. that's what usually happens in the crypto market.

[milewilda]

There will be pull back though it's not certain that it must happen or to have that effect towards the market, even though bull has gained more momentum to keep sustaining the price at 87-90k plus we might definitely experience changes. The market can not keep rising without correction and correction gives it more strength to create another price level.

Corrections are part of the price movement of bitcoin and what makes it unpredictable to know which side the market will move towards either upward or downward. Also it gives room for traders to make profit and investors who are on regular DCA to benefit from volatile nature of bitcoin. Like you said a correction is needed for the price to go above the previous.

Sure there is every room that we must see market correction for the price to create another ATH, even though it doesn't move upwardly at least there may be a slow down in price increase to create new price order. There may some resistance along the line because of previous investors who are willing to take profits will be on a steady selling, causing the price to be at a particular level for some period of time let say it will remain within 89-93k till when the selling pressure is reduced.

I see bitcoin is still above $90K, it seems we will not see a sharper correction, because if we expect a correction and altcoin season to come we should wait for that shift. Bitcoin is still stable and maybe if there is a correction we will see altcoins start to move down and then up along with the increase in bitcoin. that's what usually happens in the crypto market.

Tons of people now are already that anticipating for some correction as we have reached up new highs and doesnt seem that it would really be stopping soon. This is why on the moment that you would be seeing that it will be making up some correction then this is something not that shocking anymore but people are still indecisive because the market is really that moving sideways.
It will really be that up to you on how you will really be making up decisions into the investment that you are really that having specially on crypto space.

[SmartGold01]

There will be pull back though it's not certain that it must happen or to have that effect towards the market, even though bull has gained more momentum to keep sustaining the price at 87-90k plus we might definitely experience changes. The market can not keep rising without correction and correction gives it more strength to create another price level.

Corrections are part of the price movement of bitcoin and what makes it unpredictable to know which side the market will move towards either upward or downward. Also it gives room for traders to make profit and investors who are on regular DCA to benefit from volatile nature of bitcoin. Like you said a correction is needed for the price to go above the previous.

Sure there is every room that we must see market correction for the price to create another ATH, even though it doesn't move upwardly at least there may be a slow down in price increase to create new price order. There may some resistance along the line because of previous investors who are willing to take profits will be on a steady selling, causing the price to be at a particular level for some period of time let say it will remain within 89-93k till when the selling pressure is reduced.

I see bitcoin is still above $90K, it seems we will not see a sharper correction, because if we expect a correction and altcoin season to come we should wait for that shift. Bitcoin is still stable and maybe if there is a correction we will see altcoins start to move down and then up along with the increase in bitcoin. that's what usually happens in the crypto market.

Altcoin season is not yet come and it's always next year after the bull run has started, and don't forget that this market surge is a result of ETF, and Trump presidential victory. This was the reason we saw bitcoin having this significant increase over the time, but for the bull run to start we are expecting from next year though I can't categorically say that bull run hasn't started yet but from history and how we have always expected bitcoin to react over the market, it all said to be next year but I wouldn't be surprised that it has already started.

[albon]

It hit a new record price on the day of trump victory and has since gone on to climb over $90k. Because this change is due to trump attitude towards cryptocurrency. Which is why trump pro crypto stance is helping to the bitcoin prices rise. Trump has been vocal in favoring the growth of cryptocurrencies since the beginning. Just as central banks issue new bank notes thr bitcoin are issued in a process called mining. The supply of bitcoin is in a certain structure due to which its demand is increasing. All new and old investors are buying and holding at this time. So you review the profit market that few years ago people who bought bitcoin at a low price are making a lot of money today.

[Asiska02]

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!

The market did had some momentum that we all saw it going to break or reach $100K, but for some days now the momentum has died down and we may not see it crossing that point by end of this month if no more momentum is been added to it. The market still looks bullish and doesn’t seem that the market will take a rest for a very long time before the uptrend continues. We are already at the end of the year, some investors may decide to take some profits for the holidays and may witness less demand from bitcoin. Despite all this, the market still looks very bullish and I can see it coming to garner more serious momentum in the coming months, hopefully beginning of next year.

[Crypto Library]

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!

The current market cap of Bitcoin is $1.82 trillion, whereas in the bull season of 2021, the Bitcoin market was $1.2 trillion. If we calculate that, the price of Bitcoin will be around 100,000 and I think the market cap of Bitcoin will go above two trillion dollars.
So I think the price of Bitcoin will definitely go above 100K but here if we expect 200K then it will be overrated. I think the price of bitcoin can go up to 120k even if it is the highest for this season.

[terrific]

We're very close to it and it's very likely that Bitcoin is not stopping anytime soon and it's bound to reach $100k, maybe at the end of this year.
If it won't happen by the end of this year we all have the next years for it to come.

So I think the price of Bitcoin will definitely go above 100K but here if we expect 200K then it will be overrated. I think the price of bitcoin can go up to 120k even if it is the highest for this season.

$100k and above and even $200k isn't overrated. We did saw Bitcoin hit $90k when we're only wanting to see it break $73k as its past ATH.

[debra]

I see bitcoin is still above $90K, it seems we will not see a sharper correction, because if we expect a correction and altcoin season to come we should wait for that shift. Bitcoin is still stable and maybe if there is a correction we will see altcoins start to move down and then up along with the increase in bitcoin. that's what usually happens in the crypto market.

Yes, it is unlikely that we will have big correction. The lowest Bitcoin price in the last few days was only around $86k - $87k. After Bitcoin dropped to that price few days ago, today Bitcoin price hits a new ATH ($94k). Bitcoin price seems a bit stable, but it potentially keeps increasing more and hits a new ATH. Bitcoin sideways is needed to have altcoins season, but Bitcoin price still keeps increasing. I think we still don't start altcoins season yet. Altcoins season may be started in the next month (December).

[vegasus]

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!

The market did had some momentum that we all saw it going to break or reach $100K, but for some days now the momentum has died down and we may not see it crossing that point by end of this month if no more momentum is been added to it. The market still looks bullish and doesn’t seem that the market will take a rest for a very long time before the uptrend continues. We are already at the end of the year, some investors may decide to take some profits for the holidays and may witness less demand from bitcoin. Despite all this, the market still looks very bullish and I can see it coming to garner more serious momentum in the coming months, hopefully beginning of next year.

Indeed, looking at the current situation and also how the market has developed so far, the price of BTC is very likely to reach $100k. While now Bitcoin's ATH has broken through again, which is $94,002 based on data on the Coin market Cap. This is not far from reaching %100k. Is it possible that at the end of this year in December, the ATH price can touch $100k, and at the beginning of the year it will be more than that?

[BitMaxz]

I see bitcoin is still above $90K, it seems we will not see a sharper correction, because if we expect a correction and altcoin season to come we should wait for that shift. Bitcoin is still stable and maybe if there is a correction we will see altcoins start to move down and then up along with the increase in bitcoin. that's what usually happens in the crypto market.

Yes, it is unlikely that we will have big correction. The lowest Bitcoin price in the last few days was only around $86k - $87k. After Bitcoin dropped to that price few days ago, today Bitcoin price hits a new ATH ($94k). Bitcoin price seems a bit stable, but it potentially keeps increasing more and hits a new ATH. Bitcoin sideways is needed to have altcoins season, but Bitcoin price still keeps increasing. I think we still don't start altcoins season yet. Altcoins season may be started in the next month (December).

It break the $93k last ATH it seems we have a strong buying pressure and what we see is a bit retracement a few days ago. However the momentum becomes weak macd shows that the buying pressure is getting weak day by day. So I don't think we can see huge price surge unlike a few days ago.

[Primo1760]

Indeed, looking at the current situation and also how the market has developed so far, the price of BTC is very likely to reach $100k. While now Bitcoin's ATH has broken through again, which is $94,002 based on data on the Coin market Cap. This is not far from reaching %100k. Is it possible that at the end of this year in December, the ATH price can touch $100k, and at the beginning of the year it will be more than that?

At this point nothing can be predicted about the position of the Bitcoin market. We can see that Bitcoin has been in a lot of hype for quite some time now so at any moment Bitcoin can claim the bottom. $100k is not far and with a few thousand dollar increase we will see bitcoin price $100k dollars. However, Bitcoin is expected to reach $100,000 by 2024. But I'm not waiting for bitcoin price to reach $100k dollars I keep my bitcoin investment in USD if the market goes down I will buy and invest and wait for 2025.