BTC reaches $100k

Did anyone else notice Bitcoin hit $100k and Ethereum reached $2k? Do you think this is just a short-lived spike or should we brace ourselves for more all-time highs?

Your topic fits into the speculation board. It will be good you move it there. Let's talk about bitcoin and forget about Etherum because nothing good can come out from Etherum. Etherum is depreciating overtime and bitcoin price increases overtime. Of course, we are hoping to see a new ATH of $120k and for bitcoin to bounce back to six digits, it shows that the bull run is not yet over like some thought.

Maybe the market will still retrace a little or not, I do not know. But I know that even if bitcoin retrace a little below $100000, we are still going to get to all time high. It might not be this time but it will surely later happen. All we need is to be patient about it.

Temporary? Does such a word even exist? ... This is like the 7th or 8th time we're hitting the $100k mark for Bitcoin. All those dips were likely just corrections in Q1 after the pump following the November election. No one can say for sure if there will be a significant long correction soon, but yeah, we could see some minor dips. Else, we're likely to keep up the momentum for new ATHs.

This is not the first time for bitcoin to reach $100k, so I would not see it temporary but it's definitely the target for bitcoin to pass through $100k and land into bigger prices as much as possible. Although price retracement is still possible, but then again after that, it will continue to rise high and increase its price. The pattern is already familiar, so we wouldn't be surprised with the next price moves of bitcoin.

Yes the user by name Luchnix sounded as if we haven't seen Bitcoin at 100k before. As far as I know $100k is even less of what we are expecting. We have touched ATH of $108k and even expecting more like 120k to 150k some even speculated that $200k will be achieved by now so his sounding as if we would have never achieved $100k, is quit funny. I agree with you that this price is not temporary.  It would have been temporary if it was the first ytime time to hit that price which would have leed to panic of most guys selling quickly which would have resulted to market to correction.

I cannot actually say for ETH because I do not understand it's behaviour. It is known for following BTC although and I so do hope that it will continue to follow BTC. Op, when you use the word "temporary", it makes me feel you don't understand how the market works or you are simply using the wrong jargon. In the market we have nothing like temporary or permanent. The market is volatile in nature, which means that the price of coins keep changing which means all the price positions are just temporary. So, the current price of BTC is just temporary. It could go further up or could also decline below $100k. But be that as it may, I strongly believe that this year will be bullish throughout, so be confident of your position and enjoy your profits.

Let's see how this holds up, and I hope it will be a good result in the long run, with everything happening, including the economics in the US. Bitcoin, I think, is the perfect part of having a hedge.

We can expect more ATH. Because right now that it's back to that price, what now? is this the end game? no. We can expect that it will break the former ATH that it has. We're all hoping that there will be a better movement in the long run or until this year ends. Because that's the cycle is for this time. When the global economy stirs up, there's Bitcoin that's almost not part of it. But when things are moving up, I think the rest also follows but it's always been unique when we see Bitcoin moves this way.

Everything is flying now, not only Bitcoin. But yeah, Bitcoin led other followers. Seems like a 2017-2018 bull run. But me, I have a lot of bid orders still around $90,000 - $95,000  as I am expecting Bitcoin will have a pullback anytime soon.

I expected more, but knowing the nature of crypto anything can happen. But I expect the price to go flying from here on. It seems the hype is building as well and the fact that strategic reserve has been pretty smooth. Hold on to your bitcoin holding tightly and we might see ATH maybe in the next month, or even faster. It seems BTC.D also going down while BTC still going up, it means BTC and altcoin will go up together in this market. Hopefully that's the case.

Of course, many people expect ATH to continue, right? Temporarily or not we will never know but hopefully the current price will continue to hold or at least we would like to see a sharp increase. Because the market is unpredictable so it's normal if the price goes back down later because this is already part of the volatility in the market --- I wouldn't consider this normal just that we are now more positive after bitcoin returned to $100K.

That rise in the price of Bitcoin alongside other markets happened only in a single day, which like I said a few days ago is a bit unexpected at least for me. Now, we know the quote that says, "Whatever goes up, goes down". It might not be this time, and it might happen in the following days, but I expect a correction will happen after this sudden pump. After this correction, I expect more upwards pressure towards the $105,000 which is the psychological resistance then after that, the recent ATH of near $109,000. I'm pretty sure that there's a huge resistance at $109,000 & $110,000 psychological resistance, but if the bulls are strong then it's easy for them to surpass this price. On the flip side, we're seeing a downwards movement at the dominance of Bitcoin. This just shows that the money is moving outside of Bitcoin already, and maybe it's being invested into top altcoins particularly Ethereum. I still believe that Ethereum is heavily undervalued and manipulated by this market makers as we see how it's price movement.

I think what we have now is a good movement about the cycle, and I believe it will be a unique part that is new to us to see in the previous months' decouple from the stock market. I hope the government or countries see Bitcoin as a great hedge against fiat currency.

Of course, bitcoin can still reach ATH again and in this season we all know that ETH has not yet reached ATH. While BTC and some altcoins have reached ATH in this bullish season. So I still have a little faith that Ethereum still has hope and bitcoin can at least exceed $110k. But it won't be easy and there will definitely be a bit of a drop before it reaches the price we expect.

I'm also looking forward to this. We have a long green candle on the daily timeframe on both $BTC and $ETH so I'm expecting a retracement soon. Positive news about US and UK trade deal contributed to this pump and if more news about it to happen, there is a chance that price could go up again. It's hard to enter a short or long trade at its current price. One thing is likely to happen, that it we will reach a new ATH this Q2.

Well yes we did get to price point of 100k and all investors are happy for this. Right now price of Bitcoin is more then this 103k and Ethereum is 2210. It is first time we did see price of 100k since January.  But it is only starting to the 'bull run' I do think. The global trade deals for US and UK I do think did make the price go over that 100k. We did know that was going to happen and I did think so it would be real soon. And now we must wait for a new all time high. https://www.fxempire.com/forecasts/article/bitcoin-price-outlook-bitcoin-rallies-to-touch-100k-1517493

Yes, it's good to see that Bitcoin has hit $100k again, but I think what most of us wanted to see is that we should go for another ATH. And it's possible that we are just a couple of thousands of dollars and if the last couple of weeks, we have hit like in the $95k'sh to $102k price of today. So with that if the positive sentiments continue then we will see a new all time high. Nevertheless, we should still continue to accumulate even today as we are in the target of hitting $150k or higher as what has been predicted by most of us. Only time can tell though, we still have 6 months to accomplished that.

No one has the crystal ball to see the future, however, there are only two options here: option 1, we might see the price go up and maybe reaches new all time high option 2, prices goes down, make a correction Either way though, it looks like the market is very healthy at least. Just a few months ago many are worried when the price was around $76k and people are screaming that we are no longer in the bull market. But look at the price right now, which means we are in the FOMO state again.

The market is at $104,000 as we speak, there is more bullrun trend from the market performance, this effect is not a temporary one, we should expect either a all time high now or the market remain above $100,000 and then from this space henceforth, we are going more bullish, the market is making more indication for bullrun and anything can happen as we talk before the end of the month, lets keep speculating for now.