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Author Topic: 100K mark crossed, what's the next destination?  (Read 4001 times)

Offline hugeblack

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Re: 100K mark crossed, what's the next destination?
« Reply #15 on: December 10, 2024, 11:06:08 AM »
Currently, as BTC cannot decisively break through $100K and returns to the $95K-99K zone, many investors are starting to worry about a severe correction that will come to BTC and the entire crypto market when many large funds may sell BTC to take profits. I cannot predict short-term market fluctuations, but I believe 2025 will still be a successful year for BTC and my action is to continue holding BTC & ALTs.
Historically, December has not been a red month, and if the reason for the rise was Trump's arrival in the White House, I believe that we will not see a strong correction in December and January, and therefore it is unlikely that we will see prices below $80,000.
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Re: 100K mark crossed, what's the next destination?
« Reply #15 on: December 10, 2024, 11:06:08 AM »

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Offline vegasus

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Re: 100K mark crossed, what's the next destination?
« Reply #16 on: December 10, 2024, 11:04:04 PM »
Currently, as BTC cannot decisively break through $100K and returns to the $95K-99K zone, many investors are starting to worry about a severe correction that will come to BTC and the entire crypto market when many large funds may sell BTC to take profits. I cannot predict short-term market fluctuations, but I believe 2025 will still be a successful year for BTC and my action is to continue holding BTC & ALTs.
Historically, December has not been a red month, and if the reason for the rise was Trump's arrival in the White House, I believe that we will not see a strong correction in December and January, and therefore it is unlikely that we will see prices below $80,000.
And for now, after Bitcoin finally reached $100k, even the new ATH is $103,900 from CMC data, and made the price of altcoins also soar rapidly a few days ago, now is the time for a correction. Yes, when compared to the previous 7 days, indeed, the crypto market has fallen quite drastically. If Bitcoin may not be too deep because it is still in the range above $95k. But it really affects altcoins. Even some of the altcoins' corrections turned out to be quite deep. Like SOL, XRP, ADA, TRX, and several other top altcoins have experienced corrections of more than -10% in the last 7 days. Wow, many people are panic selling because of this. Even though if we want to take the positive side, this is actually a good time to increase portfolio accumulation, right?

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Re: 100K mark crossed, what's the next destination?
« Reply #16 on: December 10, 2024, 11:04:04 PM »

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Offline bounceback

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Re: 100K mark crossed, what's the next destination?
« Reply #17 on: December 11, 2024, 06:14:11 AM »
I also think that $200K is a pretty high expectation for BTC from technical analysis perspective. I have a series of BTC ATH predictions in this cycle, and the $150K-170K price zone appears quite frequently, leading me to have high expectations for that price zone.

Currently, as BTC cannot decisively break through $100K and returns to the $95K-99K zone, many investors are starting to worry about a severe correction that will come to BTC and the entire crypto market when many large funds may sell BTC to take profits. I cannot predict short-term market fluctuations, but I believe 2025 will still be a successful year for BTC and my action is to continue holding BTC & ALTs.
Since bitcoin have been success break to $100k have twice correction from last three days ago but keep stable get recovery back and yesterday have another correction for bitcoin until dump to $94k. For this time huge impact of bitcoin correction for altcoin down drastically and some altcoin drop more than 20%, can't predictable yet how strong for bitcoin price keep stable above $100k but last two correction looks strong and easily recovery back to higher price.
I can't sure yet next year have potential for bitcoin will raise to higher price or not because twice moment bitcoin get correction and looks latest higher around $104k become most expensive price for bitcoin.

Offline SmartGold01

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Re: 100K mark crossed, what's the next destination?
« Reply #18 on: December 11, 2024, 09:31:29 AM »
If you didn't know check the BTC price, it crossed 100K a while ago and now trading at 102K. We still got the time in this year and usually at the time of Christmas there will be a dip or correction happens but we are expecting the peak of the current run next year.

The purpose of this thread is just find out how much it can reach on this stretch? 150K or even 200K.
I can assumed it to be based on speculation, and of course bitcoin has passed 100k and if I am not mistakenly it hits a higher price of $104k. Though there was a topic I came across on the other forum and it seems Bitcoin would hit 110k for the year finally before crossing over to 2025. By 2025 we should expect the year to close with at least 150k-500k  which I may be entirely wrong or not.

Offline Zisanan

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Re: 100K mark crossed, what's the next destination?
« Reply #19 on: December 11, 2024, 10:46:06 AM »
Currently, as BTC cannot decisively break through $100K and returns to the $95K-99K zone, many investors are starting to worry about a severe correction that will come to BTC and the entire crypto market when many large funds may sell BTC to take profits. I cannot predict short-term market fluctuations, but I believe 2025 will still be a successful year for BTC and my action is to continue holding BTC & ALTs.
Historically, December has not been a red month, and if the reason for the rise was Trump's arrival in the White House, I believe that we will not see a strong correction in December and January, and therefore it is unlikely that we will see prices below $80,000.
And for now, after Bitcoin finally reached $100k, even the new ATH is $103,900 from CMC data, and made the price of altcoins also soar rapidly a few days ago, now is the time for a correction. Yes, when compared to the previous 7 days, indeed, the crypto market has fallen quite drastically. If Bitcoin may not be too deep because it is still in the range above $95k. But it really affects altcoins. Even some of the altcoins' corrections turned out to be quite deep. Like SOL, XRP, ADA, TRX, and several other top altcoins have experienced corrections of more than -10% in the last 7 days. Wow, many people are panic selling because of this. Even though if we want to take the positive side, this is actually a good time to increase portfolio accumulation, right?

I invested in TON at 6.5$, that dropped quite high, so I am not worried rn. cos I believe everything will be back as it was and it is perfect time to accumulate.. Tho you gotta be careful, the risk is everywhere. Invest as if you think you don't need that money.  ;D ;D

BTC is stlll down at 98K. so just a matter of time before it reaches to 100K again and hits another ATH

Offline MrSpasybo

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Re: 100K mark crossed, what's the next destination?
« Reply #20 on: December 11, 2024, 06:30:50 PM »
Since bitcoin have been success break to $100k have twice correction from last three days ago but keep stable get recovery back and yesterday have another correction for bitcoin until dump to $94k. For this time huge impact of bitcoin correction for altcoin down drastically and some altcoin drop more than 20%, can't predictable yet how strong for bitcoin price keep stable above $100k but last two correction looks strong and easily recovery back to higher price.
I can't sure yet next year have potential for bitcoin will raise to higher price or not because twice moment bitcoin get correction and looks latest higher around $104k become most expensive price for bitcoin.
+
I have a more optimistic prediction because we haven't experienced extreme FOMO in this cycle yet. If BTC drops now and $104K becomes the ATH for this cycle, then the market won't be able to continue growing strongly in the future. Crypto needs more retail investors and new cash flow to explode and dominate the media, crypto needs higher BTC price levels for investor expectations in BTC to become a reality.

In the case that we've already had an impulse wave with a 5-wave structure, the corrective wave could occur in a Flat pattern and wave B could reach prices higher than $104K, possibly around $140K. I've also thought about this but can't be sure of the likelihood of it happening.

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Re: 100K mark crossed, what's the next destination?
« Reply #21 on: December 11, 2024, 10:28:25 PM »
I have a more optimistic prediction because we haven't experienced extreme FOMO in this cycle yet. If BTC drops now and $104K becomes the ATH for this cycle, then the market won't be able to continue growing strongly in the future. Crypto needs more retail investors and new cash flow to explode and dominate the media, crypto needs higher BTC price levels for investor expectations in BTC to become a reality.
Why you assume we don't experience extreme FOMO yet?
I agree, the ATH should be higher than $104. It is too early if Bitcoin keeps dropping now. Even if we have some corrections, it looks like normal corrections. If we learn the 4 years cycle pattern in the past, this year shouldn't be the last time for the bullrun season. So, Bitcoin price probably continues to increase more.

In the case that we've already had an impulse wave with a 5-wave structure, the corrective wave could occur in a Flat pattern and wave B could reach prices higher than $104K, possibly around $140K. I've also thought about this but can't be sure of the likelihood of it happening.
I'm not really sure that Bitcoin can reach $140k. But I don't say it is impossible. It will depend on how the demand of Bitcoin in the next few weeks/months. If people become more optimistic in Bitcoin future, $140k is something possible to achieve in this cycle.

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Re: 100K mark crossed, what's the next destination?
« Reply #21 on: December 11, 2024, 10:28:25 PM »


Offline debra

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Re: 100K mark crossed, what's the next destination?
« Reply #22 on: December 11, 2024, 11:49:29 PM »
Historically, December has not been a red month, and if the reason for the rise was Trump's arrival in the White House, I believe that we will not see a strong correction in December and January, and therefore it is unlikely that we will see prices below $80,000.
I agree, it is unlikely to see the Bitcoin price below $80k again. The current price has been above $100k, it is too far to drop to $80k. Yes, December should be the time for green market. Considering the previous bullrun season, it seems a small chance to see huge dump in this month. Moreover, there will be great event in January that Trump will be inaugurated to be US president. This should trigger the price to keep increasing.



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Re: 100K mark crossed, what's the next destination?
« Reply #23 on: December 12, 2024, 06:07:25 AM »
Baby step would be a daily close average of 100k.

I think the highest daily average is 99.5k
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Re: 100K mark crossed, what's the next destination?
« Reply #24 on: December 12, 2024, 02:44:41 PM »
I agree, it is unlikely to see the Bitcoin price below $80k again. The current price has been above $100k, it is too far to drop to $80k. Yes, December should be the time for green market. Considering the previous bullrun season, it seems a small chance to see huge dump in this month. Moreover, there will be great event in January that Trump will be inaugurated to be US president. This should trigger the price to keep increasing.
Well, based on our experience, every December should show a green market just like before, but things change. There are lots of things that affect the Bitcoin price. So, if there's good news about Bitcoin, I'm sure the BTC price will push more than the last ATH, and I am expecting $120k before the end of this month.
However, I don't see any news yet that could affect much the BTC price. It seems that the massive price pump will only happen once Trump becomes president in January.
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Re: 100K mark crossed, what's the next destination?
« Reply #25 on: December 13, 2024, 02:07:33 PM »
Have been the middle of December and looks bitcoin price still stable above $100k, optimistic with bitcoin price keep in the higher price race without any large correction but waiting around one week left before end this month will many holder sell their bitcoin for end years holiday or not?
If bitcoin still stable until one week left before end this years likely optimistic for next year have potential bitcoin break higher price again, I don't think difficult break until $120k if bitcoin price this month stable and waiting for what the most surprise when Donald Trump become US president.

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Re: 100K mark crossed, what's the next destination?
« Reply #26 on: December 13, 2024, 07:25:56 PM »
If you didn't know check the BTC price, it crossed 100K a while ago and now trading at 102K. We still got the time in this year and usually at the time of Christmas there will be a dip or correction happens but we are expecting the peak of the current run next year.

The purpose of this thread is just find out how much it can reach on this stretch? 150K or even 200K.

Any price you’ll see people talking about will be $150K because it is the next big value you can think of after crossing the $100K mark early this month. Bitcoin has been ranging above and below the $100K mark and has a reduced momentum since it crossed $100K and reached a new all time high of $104K early this month. $100K has really been talked about for a very long time now, all waiting for bitcoin to reach its first six figures in price since its inception, it’s glad we have it reached there. Base on how bitcoin got there with that bullish momentum and 2025 is still not yet upon us, many are now speculating that bitcoin can reach up to $150K in this bull run. That is the anticipated price for now, we just have to wait and see how things turn out to be by next year.

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Re: 100K mark crossed, what's the next destination?
« Reply #27 on: December 13, 2024, 08:54:54 PM »
If you didn't know check the BTC price, it crossed 100K a while ago and now trading at 102K. We still got the time in this year and usually at the time of Christmas there will be a dip or correction happens but we are expecting the peak of the current run next year.

The purpose of this thread is just find out how much it can reach on this stretch? 150K or even 200K.
After the price of Bitcoin crossed $100k, everyone seems to be targeting $150k next.  Yes it will happen and in the future the price of Bitcoin will go up to millions of dollars and beyond because the supply of Bitcoin is limited but slowly the number of Bitcoin investors will continue to increase as the new generation will definitely be attracted to Bitcoin. And then the price of Bitcoin will continue to increase rapidly. We have seen many cheap prices in Bitcoin before but we missed them because we were not patient. So to get good from Bitcoin one must have patience.
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Re: 100K mark crossed, what's the next destination?
« Reply #28 on: December 13, 2024, 11:58:47 PM »
Even some of the altcoins' corrections turned out to be quite deep. Like SOL, XRP, ADA, TRX, and several other top altcoins have experienced corrections of more than -10% in the last 7 days. Wow, many people are panic selling because of this. Even though if we want to take the positive side, this is actually a good time to increase portfolio accumulation, right?

I invested in TON at 6.5$, that dropped quite high, so I am not worried rn. cos I believe everything will be back as it was and it is perfect time to accumulate.. Tho you gotta be careful, the risk is everywhere. Invest as if you think you don't need that money.  ;D ;D

BTC is stlll down at 98K. so just a
 matter of time before it reaches to 100K again and hits another ATH
Indeed, everything must be done carefully, in analyzing and choosing the coins for investment. but well, also, always Be patient, mate. Indeed, lately, market corrections have often occurred. Even now, several altcoins are also experiencing a drop again. And one of them is TON, where the price has also fallen quite deeply, more than -8% in the last 7 days, this is indeed not too good, especially since the price of TON has been around that much. But believe me, this is still part of the market correction, and don't panic. Because I am also sure that the price of crypto will go up again in the future, you just need to be more patient. I don't invest in TON, but I see that TON is a serious project and has potential. So, just be patient and invest with DYOR again in the future

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Re: 100K mark crossed, what's the next destination?
« Reply #29 on: December 14, 2024, 02:09:30 PM »
Have been the middle of December and looks bitcoin price still stable above $100k, optimistic with bitcoin price keep in the higher price race without any large correction but waiting around one week left before end this month will many holder sell their bitcoin for end years holiday or not?
---
During December 2016 and 2020, Bitcoin's price went up +30.8% & +46.92% respectively.

Currently, Bitcoin is up 8.97% (peak price which is currently the ATH). If we will follow what Bitcoin's price last 2016 and 2020, we expect that Bitcoin during this month will end up at around $120,000. However, just by looking at the price movement of Bitcoin this month, I also expect that it will stable at around the $100,000 as well.

I also don't see Bitcoin reaching $120,000 this month as well, but I expect it to be reached in the 1st quarter of 2025 where the market is very bullish.

 

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