Bitcoin has always been a wild ride, right? It's always changing and evolving, so I can totally see it staying at the top for ages. Honestly, I wouldn’t be shocked if it hits $100,000 or even more down the line. I mean, I'm banking on it reaching that mark this year. But let’s keep it real, these are just guesses, not promises.
A lot of people are asking if Bitcoin can hit $100,000 this year. Last I checked, it climbed to about $72,000 in 2024, which is pretty impressive. Just a year back, it was sitting around $26,000, and now it's shot up by 250% in 12 months. So yeah, a 50% jump by the end of 2024 seems pretty doable. I really think there’s a strong chance we could see Bitcoin at $100,000 by the end of next year.
We’re pretty convinced BTC will touch $100k this year, and honestly, I think next year it’ll be even more likely to blast past that mark in no time.
Bitcoin is facing a liquidity issue now, no serious capital is being injected into it, the future is so uncertain, unlike the way people thought. The truth is that Bitcoin will one day breach the $100,000 landmark but the time is what we do not know. It is not easy for the asset to be moving upwards always as if it were nothing, where will the liquidity come from? It is always easier to say than done, for an expensive asset like Bitcoin to be heading northwards as expected will take $trillions to achieve that, this is not going to be easy as it needs more institutional adopters just as millions of retain investors must be willing to commit their money to it. But it is not looking so for now. I fear for the H2 of 2025, if the bullish impact wasn't felt till then, FUD might come in before Bitcoin slips to a long-term bearish season as we always experience in its every 4-year cycle.
If bitcoin does not got to $100000 this year, it will likely get to the six digits next year. The bull run is not over yet.
I guess that bitcoin price may start to fall in the second half of next year even if there is bull run and the price increased above $100000. More bear market will follow 2025 in 2026.
What I really like about bitcoin is that the price did not stay above $60000 in 2021 the way it is having support above $60000 after it got to all-time high.
$100k is a psychological obsession and I think the reason for the fame of this level is the Bitcoin Stock to Flow Model which was proven to be broken during the last cycle which means that Bitcoin reaching $100k is meaningless especially since we are close to this level and there will be no change in market trends or price correction. In short, if we reached the price then that is good, else then the pattern from the previous cycle was broken.
True, we did remember that last time, when S2F model says that the price is going to hit $100,000 in 2021. Although we did reach and close to almost $70,000, but after that it's too big of a barrier and so we didn't get to that price.
And then we have another bull run here, and so that will still be our best target or at least the minimum to hit. And there are even highs as $200,000 to be that next bull run all time high. But so far the highest we got is $73,000 so that 6 digit barrier remains to be the biggest psychological barrier that we have to break in the history of Bitcoin. So let's see if the cycle or prediction can hold true in 2025.
The predictions you convey could be correct, but in my personal opinion, it will be a little difficult for Bitcoin to reach a price of $100K this year or next year. Although it is true that this year Bitcoin has touched its new ATH, namely $72K. But there is still no guarantee that Bitcoin will reach a price of $100K or more because of this. Maybe the realistic price of bitcoin that might occur next year is only around $80K-$87K in my opinion. Because I saw the price of bitcoin in the Halving and Bullrun markets in the previous period. Because in the previous halving cycle, Bitcoin experienced an increase in price like now, and a year later, Bitcoin also experienced an increase in price again, even touching ATH that year. However, the problem is that the price of bitcoin after the halving (in that year) and the year after is not much different. So with this, it is very likely that this year or next year the price of bitcoin will certainly not be much different. This year the highest bitcoin price was $72K, so realistically next year the bitcoin price will most likely only be around $80K-87K. And apart from that, I personally also believe that bitcoin can definitely reach the price of $100K, but according to my personal predictions, it is very likely that bitcoin can reach that price in the next bitcoin halving cycle.
In as much Bitcoin got up to $73000 middle March this year is never certain and guarantee that we are going to see Bitcoin hitting $100k this year which is just two months left to go even though anything can be possible but for a valued coin like Bitcoin making such a drastic upward trend within such a short period of time this year might not really be possible, perhaps we shouldn't be in a hurry to forget that Bitcoin is less volatility even though Bitcoin will definitely hit $100k some day, all that we can only be doing is making predictions and speculations which suits Bitcoin as a valued digital asset class.
What is not possible with BTC is that we can see an increase over the last 1 year significantly from $20K to $72K as ATH in this year.
Many think that at the end of the remaining 3 months will be a good momentum for bitcoin to jump high to $100K is not impossible anything can happen.
Against many issues it will also be the current bitcoin as its resistance, as it is now associated with the middle east war even though it has been going on for years but bitcoin managed to get through it.
For me bitcoin to $100K at the end of the year might happen, if not then in 2025 is what we look forward to how the surge will come.
I cannot say exactly when Bitcoin will reach 100,000$ but it is only a matter of time when this figure will be crossed and we will find bitcoin well over it. Many people say that it will happen by the end of this year or the beginning of next year. No one can time it correctly but this will happen sooner or later.
I may agree on this year, because we have a very few months left and maybe that will not make the price go up enough to 100k, but I disagree on next year at the latest. Either we are going to see 100k happen this year, or if we fail then we are going to see it happen next year without a doubt. This is why I think it's important to make sure we deal with some great results eventually. I know life is not that simple as white or black, so we can't know if it will go up or down, we are just making assumptions here and this is my speculation, my guess.
100K on next year is not that hard, we need a very small increase, something like %50 should be enough give or take, and because of this we shouldn't be considering it hard to achieve, bitcoin can do that much in six months very easily. Plus, every time we have halving, the price goes up after a year, so next April in 2025 could be all time high and we can see 100k+ happen during that time as well.
3 months until the end of the year, before the halving this year, quite a lot of bitcoin investors predicted that bitcoin price will reach $100k this year, and then spot ETF's were approved and the optimism even grew further, now we are in October and the price is moving within $60-$65k, i don't think $100k will happen this year. I expect it to be next year and the price is going to rise well above that, before we enter another bear season.
The urge for bitcoin reaching the six figure price has been on going for a too long since the last bull run but I will say we are definitely close on to it this time around, this year has been more of a ranging year with the upward momentum only experienced in the first quarter of the year which was before halving period and since then it has been ranging, personally it is this ranging that has lowered my expectations for the year I have even been optimistic about a six figure price when we had a new all Time high but for now my expectations are that will break the all time high price and create another one this year with the price been around $80k to $90k.
This doesnt mean we cannot get a six figure price this year but With the world economic facing potential crisis from this Iran Israel saga it is better to lower ones expectations. But year 2025 is optimistic a year we get to reach the six figure price
The potential for Bitcoin to reach such an amount is exciting, especially considering its historical volatility and growth. We've seen BTC break new records before, and the halfway mark this year gives us reason to believe that such a price milestone could be within reach by year-end.
The growth from last year is impressive, and an increase by year-end certainly doesn't seem far-fetched based on current trends. Regardless of whether BTC reaches this price this year, its ability to bounce back and continuously evolve makes it a dominant force in the cryptocurrency space, with further upward potential on the horizon.
Too many Bitcoin sellers this year drained the liquidity. It started with Germany, which dumped a few billion in bitcoin. Then, they distributed MTgox BTC to their creditors. I'm sure some of these creditors sold their BTC. But we're lucky enough for this. This is because we have many institutional investors. They gradually added money to ease the sellers' pressure.
If not for billions from institutional investors, we would be below 50k now.
As for the bitcoin 100k price prediction. This is a delusional prediction that won't achieved in a short time. We're always unable to break 75k, then how can we expect to break a higher price than it?
I remember the same urgency in 2017, when we all say that after reaching almost $20,000, and with all the hype of CME and CBoE Bitcoin future contracts, we will be heading to $50,000. Unfortunately it didn't happened, but we did achieved that price in 2021 and we have $69,000++. And then the cycle repeats itself, with prediction that time that we will reach $100,000.
And with that, everyone is now seeing this pattern and that's why we are all predicting that a six figure is really possible in this bull run. But it will take some time as we have geo-political noises like the imminent war vs Israel and Iran's proxy, the Hesbollah and it could affect us in the negative way and it might slow down that parabolic rise this year.
Incorrect, even the institutional investors weren't invest in Bitcoin, Bitcoin price will not go below $50K.
In your picture, sum of institutional investors hold $153 Billion, Bitcoin market cap is currently $1,215 Billion and the circulating supply is 19,7 Million. So $1,215-$153 = $1,063/19,7 Million = $53K.
It's better to not have institutional investors and make Bitcoin price down to $53K for decentralization.
Talking about the stability of Bitcoin, it will be better if you added some relativity to that as it's been recognized as a stable coin amongst others who happens to be more unstable than Bitcoin is, the progressive increase in its value and an occasional correctional moves to create balance isn't one thst should be considered as an instability around Bitcoin because summarily it always gets an upward progression as compared to other coins who get faced with certain levels of volatility and end up liquidating at that point, they don't get to survive it as much as Bitcoin does, as regards the price, I'm most definite and optimistic it's going to get to $100k in the nearest future, it could be this year and it could be next but surely it's definitely going to cross that bench Mark.
Bitcoin is not stable but that is okay because we can take benefit from that especially for trader who trade Bitcoin pair stable coin. They can make a profit as often as they want based to their skills in analyze the market. Bitcoin have potential to cross $100k in the future even for surging to the highest price and the sky is the limit. We don't know if Bitcoin can achieve $100k this year or it will happen in the next year because there are no real sign telling to us about that. We can only predict that will happen sooner or later and all we can do is prepare for the coming. We can not just watch the price move without any preparation especially if we want to take a big profit in the future. We must accumulate more and more Bitcoin with the money we can afford so we can have many Bitcoin that is ready to sell at the highest price.
Why not? the global economy is keep rising, which means there are a lot money that can be invested. Most people aware if Bitcoin will make new ATH and the peak will happen in the next year, so they must be use this moment to flip their money.
Two months is really possible because the market live for 24/7 without any delay, in bullish season, Bitcoin price can rise 10% in a day. 10% streak in 4 days already enough to achieve $100K.
The following are the prices of Bitcoin, this date, for the past 5 years. (In rough numbers)
Oct 4th, 2019: $8,200Oct 4th, 2020: $10,500 (28% ↑)Oct 4th, 2021: $48,000 (357% ↑)Oct 4th, 2022: $19,500 (-59% ↓)Oct 4th, 2023: $27,000 (38% ↑)
Today, it is around $62,000, which is 129% ↑. This means that it's growing at an average rate of roughly 100% every year. I'm pretty sure we can break the $100k.