No going back to $60k retrace, Michael Saylor in doubt.

[Bobcrypto]

Many people will always come up with some speculative ideas that may cause panic on the market for theirs personally advantage. However, the price of Bitcoin keep going stronger by the day and despite this negative speculation, many school of thoughts, think Bitcoin is hitting $100k by November or December even Michael Saylor believe that Bitcoin will not retrace back to $60k. Mr Michael Saylor even thinks that Donald Trump win, settles the future of crypto in the near terms. what do you think?

Please take look at the details here: https://cointelegraph.com/magazine/bitcoin-price-thanksgiving-trader-btc-etf-options-cftc-hodlers-digest/

[TomPluz]

My positive side of me will always hope that Bitcoin will not anymore go back to the $60K level as we are moving towards the official start of the Trump administration in January 20. However, I am also aware that anything can happen in the cryptocurrency market and for all we know in a blink of the eye the prices can be changing its direction even back to $50K. I am not hoping that it will but we really don't have full control of what can be in a very volatile asset like Bitcoin. All we can do is hope and pray.

[Baofeng]

Nah, I do not think that Bitcoin will go back to $60k, Unless we hit that magical number of $150k-$175k, then it could retrace back. But that is going to happen on the bear market and not in the full bull market that we are seeing.

Trump hasn't been officially sit as the 47th President, so there's a lot of price room still. So we will have to wait till next year. But I guess there are still people who wants Bitcoin to go down, because they have missed the boat at $60,000.

[Stompix]

Asking Saylor about the price of Bitcoin is like asking the Saudi Pricen about the price of oil.
Do you imagine that even if he had real information that would make him believe Bitcoin would go to 40-50k he would be insane enough to come out in the open and tell everyone this, creating the dump himself?

For info about what could be the worse ask the haters, for what could be the top ask the believers, not the other way around!

[philipma1957]

Many people will always come up with some speculative ideas that may cause panic on the market for theirs personally advantage. However, the price of Bitcoin keep going stronger by the day and despite this negative speculation, many school of thoughts, think Bitcoin is hitting $100k by November or December even Michael Saylor believe that Bitcoin will not retrace back to $60k. Mr Michael Saylor even thinks that Donald Trump win, settles the future of crypto in the near terms. what do you think?

Please take look at the details here: https://cointelegraph.com/magazine/bitcoin-price-thanksgiving-trader-btc-etf-options-cftc-hodlers-digest/

Well until we settle retail fomo we are not really true bull. so the current 89.9k is nice but not a big deal.

I know full true raging bull 🐂 will be when we top 150k in under april 1 date.

what I don’t know 🤷‍♀️ is will this ever happen.


So yeah a 60k retrace in the next 100 days is at least 10% possible

and a 120k price in the next 100 days is about 20% possible.

which leaves me at 70% who knows.

[Gposas]

Many people will always come up with some speculative ideas that may cause panic on the market for theirs personally advantage. However, the price of Bitcoin keep going stronger by the day and despite this negative speculation, many school of thoughts, think Bitcoin is hitting $100k by November or December even Michael Saylor believe that Bitcoin will not retrace back to $60k. Mr Michael Saylor even thinks that Donald Trump win, settles the future of crypto in the near terms. what do you think?

Please take look at the details here: https://cointelegraph.com/magazine/bitcoin-price-thanksgiving-trader-btc-etf-options-cftc-hodlers-digest/

I guess he's just trying to give a positive speculation, maybe to ease out and relax his mind. It is well known that the market is highly unpredictable and analysis/speculations are based on probability... May or may not happen.
Though the market is experiencing positive price growth, and currently, most analyst predict the price of BTC to get to 100k before the end of the year or at the early period of next year.
But on the other hand, no one is predicting when the market is likely starting the bearish trend or how low the price of BTC will get to during that period.

He may be right and he may be wrong too, since the future is not seen yet, nobody knows how low the price of BTC will get to in the next bear season.

[yhiaali3]

I agree with Mr. Michael Saylor that Donald Trump's victory will determine the future of cryptocurrencies in the near term, I wrote this in one of my previous posts that the future of Bitcoin and cryptocurrencies will be determined based on whether Trump fulfills his promises or not.

If Trump fulfills his promises, we will see a significant rise in prices with an open environment and lenient regulations for Bitcoin and perhaps acceptance in many parts of the world, and if the opposite happens and Trump does not fulfill his promises, we will see a drop in prices and more stringent regulations.

[bitterguy28]

many school of thoughts, think Bitcoin is hitting $100k by November or December

lots of us expected bitcoin to reach $100k on january 2025 at least but now that bitcoin was able to set a whole new ath there are now much more optimism surrounding the coin more than ever i do think it is possible that it touches close to $100k before the month of november ends and will fully reach it on december

even Michael Saylor believe that Bitcoin will not retrace back to $60k. Mr Michael Saylor even thinks that Donald Trump win, settles the future of crypto in the near terms. what do you think?

only time will tell until where bitcoin will dip down i do believe bitcoin will still correct itself and the market will go down to $70k but people should not panic at this time and instead keep buying and accumulating bitcoin

[Nheer]

We don’t really pray for bitcoin falling or coming down right away but this cryptocurrency you see is always something you can’t predict all the time, it is unpredictable nobody ever believes that it will raise this way so sudden but it does, so the way it does it can still go back to $60k or even more lower but we don’t really pray  for it that way.
Everyone hopes it hit $100k before the new year with it price gouging this way it is likely to be said it will hit $100k before next year but one thing to put in consideration is that it is always unpredictable. We don’t expect it going up and not coming back down we just pray it goes down just a little bit.
We will see whether Micheal saylor has a chance of saying a better and stronger sentence of bitcoin not reaching $60k we are all waiting if it really comes to existence and if is words really comes  true.

[Kemarit]

I agree with Mr. Michael Saylor that Donald Trump's victory will determine the future of cryptocurrencies in the near term, I wrote this in one of my previous posts that the future of Bitcoin and cryptocurrencies will be determined based on whether Trump fulfills his promises or not.

Of course, we know that Trump winning the US election is the catalyst for this bull run. And it's easy to gauge that as we all know that he is a pro-Bitcoin President.

If Trump fulfills his promises, we will see a significant rise in prices with an open environment and lenient regulations for Bitcoin and perhaps acceptance in many parts of the world, and if the opposite happens and Trump does not fulfill his promises, we will see a drop in prices and more stringent regulations.

We just have to believed him though, I mean he is a very tough person, he is that President that really makes his promises. But just remember that we will be also as well in the bear market in 2026 when he is the sitting President. But for now, I think he is the one that is going to push the price to $100,000-$150,000 or higher at this bull run.

[Bobcrypto]

Nah, I do not think that Bitcoin will go back to $60k, Unless we hit that magical number of $150k-$175k, then it could retrace back. But that is going to happen on the bear market and not in the full bull market that we are seeing.

Trump hasn't been officially sit as the 47th President, so there's a lot of price room still. So we will have to wait till next year. But I guess there are still people who wants Bitcoin to go down, because they have missed the boat at $60,000.

Mate, at any season that Bitcoin begin to pump just like it is currently doing, there are many who will always regret and wishing that price could come back to the position of their hearts desires  This situation has been happening, and think it will ever remains to be happening over and over again.

As a matter of facts, newbie investors, Holders, will always wish the price of Bitcoin should drop to even $20k or more, to enable them take a long position. I think Bitcoin is going moon and may not retrace back to $60k, just like Michael Saylor insisted.

[Themepen]

Bitcoin market is always buzzing with speculative ideas that can cause panic but surprisingly its price keeps going up. Experts like Michael Saylor predict Bitcoin will hit $100k by November or December and he is confident it can not drop back to $60k. Saylor also believes Donald Trump win would solidify crypto future. Currently Bitcoin price is around $90,600 expected to rise 7.88% to $97,764 by November 20 2024 may be. Market sentiment is overwhelmingly bullish with 85% being bullish and 15% bearish. Key factors driving Bitcoin price include bullish market sentiment strong short term and long term trends indicated by moving averages and expert predictions of significant price increases.

[Lucius]

Asking Saylor about the price of Bitcoin is like asking the Saudi Pricen about the price of oil.
Do you imagine that even if he had real information that would make him believe Bitcoin would go to 40-50k he would be insane enough to come out in the open and tell everyone this, creating the dump himself?

For info about what could be the worse ask the haters, for what could be the top ask the believers, not the other way around!

That's right, the man became completely addicted to BTC and bought another 50 000+ BTC for $4.6 billion. The only thing that is strange about Saylor and BTC is that the price almost never reacts when he announces that he has made a new investment.

If he dreams of anything, it is to reach at least 500 000 BTC and to be able to show everyone how right he was, at least from 2020 onwards.

+1

[bhadz]

That's his opinion and nothing wrong with that. We will see it after the bull run if it will be back to that as the new low for the bear market. That's what I think might happen. But I am not removing any possibility on my mind that we might retrace to that price soon. Because no one will ever know until we finally see it happen. I'm bullish so I don't think that we'll ever be back to lower prices but with $60k, we just came there a month or two ago so, every possibility is there but chances might be too little.

[Gurujebs]

Many people will always come up with some speculative ideas that may cause panic on the market for theirs personally advantage. However, the price of Bitcoin keep going stronger by the day and despite this negative speculation, many school of thoughts, think Bitcoin is hitting $100k by November or December even Michael Saylor believe that Bitcoin will not retrace back to $60k. Mr Michael Saylor even thinks that Donald Trump win, settles the future of crypto in the near terms. what do you think?

If Bitcoin grows to 100k and above, I will personally be happy and will be happy to see his dreams come true but there is this thing we call risk management, I'm not sure if he is doing that at this stage. There is opium in the market right now and it's good to be on the good side atleast he is trying to pump his bags but the market don't need your opinion to sell.

He has been pumping money recently and it scared me, don't know where that money is coming but his MSTR has run up recently. Whatever he is selling to buy Bitcoin, I really hope he doesn't get in hot soup.