I think Bitcoin could hit $100k by the month's end

So, if we see a weekly candlestick close over the $73,882 mark, that could really kick off a run towards $100k, which is what a lot of pro traders are saying. Looking at the weekly candlestick chart, it’s hard to disagree with them since this pattern has shown up again and again during halving years. I just checked my fibonacci levels, and it seems like this is the first time we might close a weekly candlestick above the Monday of November 1, 2021. So yeah, things are lined up for a bull run like we’ve never experienced before. And let's be real, Trump winning is like the secret sauce here, especially since Bitcoin just crossed $80,000.

I agree with you but do not mind the professional traders because what is happening currently is beyond looking at the charts. Bitcoin market is full of the bulls right now. Regardless of what happened, be it a weekly candlestick closing above $73882 or not, bitcoin may likey still rise above $100000 before the end of this year. Let us be patient and enjoy the bull run. If bitcoin does not get to over $100000 before the end of this year,next year is still there for it to happen.

Even days before the Bitcoin boom began, people were predicting that Bitcoin might cross $80,000 by 2024. But before the end of 2024 we saw Bitcoin hovering at $80,000 due to Donald Trump's victory in November. Since Bitcoin is above $80,000 by this November, we can expect to see the price of Bitcoin hit $100,000 by 2024. Our way of predicting Bitcoin has become very easy, we can easily say that Bitcoin will stay at $100,000 next because currently Bitcoin has crossed $80,000. But Trump has backed up the promises he made to the cryptocurrency community with evidence.

There is no denying that the news of Trump becoming president had a positive impact on the market, but it would be incorrect to suggest that Trump was the miracle worker or the sole catalyst for the rise in Bitcoin prices. Bitcoin also rose from $15k to $73k in March and it wasn't because of Biden, and if Bitcoin hits $100k this year it won't be because of Trump either. He hasn't even taken office yet and hasn't made any statements about bitcoin as president. We're not even sure if he'll continue to support bitcoin after taking office, let alone be a factor in driving bitcoin's price to $100k this year. Bitcoin price increase is inevitable and just a matter of time, we have been discussing and predicting this for a long time. Trump's election and his support for bitcoin will help speed up this process, he is not the only factor that determines bitcoin's price.

Resistance level is at 80,000$ right now. 100,000$ is a daring guess, because it's a territory Bitcoin has never entered before, and we have only more 20 days left. To increase 20,000$ in price by the end of the month looks too much, even in a bullish scenario full of hype due to the USA elections. If Bitcoin is able to maintain its position above the 80,000$ line until the end of this month it's already going to be great news for investors. Maybe December can be the grand finale of 2024, pushing BTC into an outstanding ATH. However, be prepared for corrections in price as well. Everything goes up, also goes down... Corrections have been present especially in the beginning of each new month. Personally, I will only start expecting 100,000$ as something feasible once Bitcoin hits the 90,000$ mark.

Bitcoin price rise $10K after Trump elected, I agree reaching $100K looks impossible at the end of this month, but there's still a possibility if it's at the end of the year. Yep, saying Bitcoin made new ATH at $74,900 on November 6 is correct, but if Bitcoin price rise because of Trump till now, it's just exaggeration. There's nothing happen and for sure it was not caused by Trump, I guess people want to flip their money because they believe Bitcoin will reach $100K or more in the next year, so they're keep accumulating now.

All those who believe in their Mr. Donald should print his picture as soon as possible and hang it above their bed and pray every morning and evening that he will bring them a lot of money while they are doing nothing and sitting in front of the computer. Our Donald who art in White House, hallowed be thy name. Thy crypto kingdom come. Thy will be done on earth, as it is in heaven. Give us this day our daily coins, and forgive us our unfaithfulness, as we forgive those who trespass against us such Gary and lead us not into temptation to give up from crypto but deliver us from evil.

Really? The coinmarketcap currently shows a maximum of ~$79,500-79,600. As I said, $80k early is the nearest psychological mark. But can this level really be overcome in the next few hours? In 3 weeks, if this pace continues, then $100k becomes quite achievable and if this happens, it will be a significant end to the year. By the way, hasn't the topic of the growth of the bitcoin price started to be shown on TV yet?

It is most likely Bitcoin's weekly candle will be closing above 74k. 4h candle still shows if Bitcoin is not stopping yet. I expect we will get another bump to surpass 80k. A small correction can happen, but it won't bring Bitcoin back to below 74k. This is because 74k is our support now. I expect a bump after it touches 74k. You might be wrong. CMC shows that BTC crossed 80k last hours.

It would be nice if you share the fibonacci image in question, btw 5 days in a row bitcoin touched new ATH and continues. If say 100K in the near future, it seems nothing is impossible if you see the optimism of this kind of movement. A party to celebrate for those who bought more during the correction at that time. Big Investors especially in the US seem to get free space to put more money into bitcoin after Trump is officially inaugurated on January 20, 2025.

I believe this is a great month. We are currently experiencing a new bull market in which we are continuously breaking new all-time highs. With everything that is happening, it is possible that it could reach that at this rate, but it’s still best to manage your risks as well and know what you will do once it does happen because you will never know if it will go down or not. I know that it will continue rising simply because it is a scarce asset.

Bitcoin market is moving faster than I expected. Normally I don't review the market much, I am very surprised when I suddenly see the new ATH of Bitcoin. It continues to amaze me to see the Bitcoin market reach all-time highs in just a day or two. My expectation for Bitcoin was that Bitcoin would reach $80k or $85k in early December or late November, but Bitcoin reached my expected price in the first 10 days of November. I can't make any predictions with Bitcoin right now, it seems like anything can happen at any time which is almost impossible to predict. With all the hype around Bitcoin, it looks like Bitcoin won't have to wait until next year to hit $100k. Bitcoin may pump more than $100k this year. But $100k worth of Bitcoin this year will be enough for me. Bitcoin's exciting moment is drawing me more and more to invest.

Trump is always the mover while the market has experience a tremendous increased over the last 4-7 days now, I don't know if there are other reason but for sure I have always seen it to be the victory of trump winning the election and his good support to bitcoin is actually creating a strong push-up to the price. However, I have always been expectant of bitcoin crossing 80k before the year ends though I am not too certain that we must hit a specific amount but for sure 100k is possible before year runs out therefore I urge everyone to hold tight as we may hardly fall below this price it's currently.

The more times people say Trump for a reason why anything moves, the more bearish Iam as surely thats just empty speculation.   If his administration does anything it will be far in the future for an actual usable change. I see 100k as the next Fibonacci level on the chart but I dont see we should go there immediately.   Its more likely that some are taking profits at 80k and we retrace first.   I dont even expect 100k for this year and not for the remainder of this month but I do think 100k is quite fair without the timing attached to it, just loosely I think its likely we do see that price when the market is ready to build higher.    Just shooting upwards in a couple weeks is not a positive scenario for me, I'd like to see more constructive trading build then that.

It's very possible. The weekly chart is just starting, but it may also be by December. This is the steepest spike I've seen overnight, and FOMO sets in, so many are buying already. All the altcoins are also greener. This is the first time over the past years that one could say this is really a bull run. But I think there will be a lot of people who will also be selling when it touches $100k, it looks like the target price.

That's a bit contradictory, in one hand you explain this bull run by the Trump's victory of the POTUS election, in another hand you explain that by the so-called technical analysis of the price history. So do you mean Trump's election has been forecasted by the past BTC price movements? Anyway I don't know if most of the professional traders are actually predicting a $100k break before the end of the month. But only 84 people have bet on a monthly close above $100k for November on Freebitcoin, with only 1% of the total pool amount of 0.053BTC up to now, while the range is very large because it goes till 500k.

Yeah, there is already FOMO and I'm not surprised by the sudden movement to $80,000 as I have predicted that this could really be achieved before the end of the month. But we still need to be cautious as well even if there are investors joining the market, new one that is on the FOMO because they could be just on the short term and then sell when they see that they have profited in short amount of time. But in total, it all looks good after the Trump win and it is settling down a bit now. Investors are really pouring their money and this is the bull run that we are all waiting. And predictions can really be true that $100,000 could be seen, end of the month or even end of the year, it doesn't matter to us as long as it could be hit.

This week is indeed a bull-run week for bitcoin and other altcoins. Within this week BTC has hit three ATH positions. Based on my own speculations, the probability of BTC reaching an all-time of 100k is high but it's just a probability right? My affirmative position is it would definitely reach 100k before the end of the year.

I won't say impossible because based on the price movement that we've seen today and for the past weeks, this month might really end some pretty well in numbers. If it ends by $100k for this end of month or count also the next month, most of us are going to be happy. Because that's the price that we've been waiting for and do not forget to take your profits or many of you don't have plans of selling even at that price?

Bitcoin has hit a new ATH today at $81k, it's certainly great to expect something bigger to happen at the end of the month. But for the time being, a price correction is unavoidable due to some profit taking. If today the price of bitcoin closes above $80k, then it is possible that another big increase will follow, but pay attention to several factors that might make the market weaken slightly after the big surge of the last few days.