I'm mentioning $100K because last time it hit around $90K, it didn't take long to reach $100K. Especially now, since we've been up there before. The current prices are bouncing back from those dips around $70K, showing Bitcoin's strength.
We should have some faith that even if it takes a dip, it can bounce back quickly.
So while there's some volatility happening, it's actually providing us with solid profit opportunities, and that trend is still going strong.
What do you all think?
Are we going to hit $100K soon, maybe this month or the next? Or is Bitcoin gonna get tested again and face another big drop?
It's still not certain that this month bitcoin will go to $100,000 even though it's very close now but it seems that bitcoin will experience a correction, Yeah even though this is just a guess but maybe next month bitcoin will return to $100,000.
Regarding bitcoin will be tested back to the actual decline will be afraid but on the other hand if the decline then it is an opportunity to buy at low prices again, this will only be a dilemma for many people - but clearly the increase to $100,000 is much awaited by everyone.
We are closing April soon, and Bitcoin is still stagnant at that level. So, I don't expect a $100k this month since there has been no rumor about any positive big news coming. I'll give it one more month, as after we hit the ATH this year, Bitcoin hasn't been bullish anymore. We need some positive vibes to bring the hype again.
How about Trump? Does he have any other news that could pump the market? If not, then I guess we have to look for another popular personality who could affect the market. And I have no idea if there's anyone who could hype better than Trump.
I don't see it being strong at all. If it were strong, it could have crossed $95k already, but it is struggling with that, and that shows that it's still not strong enough to keep going up. I'm not an expert of the market, nor do I have much knowledge about chart reading or doing technical analysis, but from what I can see or the little experience I have, I think the market is going to go down once again from this point, and even though $100k seems close at this point, it isn't that close because the market isn't showing strong momentum.
Bitcoin has shown too much stability at $94,200 and around that price, so it seems that it is struggling to go towards $95k or above. The bears are holding it back, doing their best to drag the price down so that they can fill their bags again before it goes towards $100k because that will give them good profit again after the profits they must have booked when Bitcoin went from $74k to $95k.
I think at this point we should start to recognize that not everyone is involved in Bitcoin as their investment plan. So using the word profit doesn't mean so much to them, they just want to see that Bitcoin get the needed adoption level it deserves.
Well yes this is very possible, Bitcoin has shown incredible positive signs to suggest that 100k can be reached in a very short time. But don't get carried away. Just as it is easy for Bitcoin to hit 100k in that time frame it is also easy for it to go below 80k. Don't forget that the market is volatile.
There are still many holders who are optimistic that the market is still on the same trend. We may see some declines that have occurred, but as you said, the recovery is quite fast. You certainly hear some topics related to declines and changes in movement that lead to a bearish market. But what we see is not like that.
$100k is very close, I think we will reach it soon. I am not sure for this month, but I am sure when the increase occurs, it may break a new ATH. At least this year.
Its not the first time Bitcoin will reach 100K so the feeling is less excited compared before when Bitcoin first hit 100K. I have high confidence now that 100K is already an easy target so Im already looking forward on the next high such as 120K and above rather than focus on 100K that will surely be hit anytime soon.
Regardless, if there will be major dump Bitcoin will surely overcome it and print the next ATH.
This is the reason why DCA is the best method for hodlers to avoid panic whenever theres a negativity in the marker or indecision like this.
The month of May is few days away and there's no hope of Bitcoin's price heading to $100k this April even if it is within $90k and above, it could hit $100k next month and I'm optimistic about it now, seeing Bitcoin's price rise from $70k to $90k and heading to $100k as made me bullish. The kind of resilience I have seen in the market this past months is definitely encouraging, I'm not an expert in the market to know if it will hit $100k in the next month but all I know is that Bitcoin's price will always fall and rise.
Obviously even though it was not a long time ago, the situation was a little different. Back then when bitcoin hit $100k, a lot of people were being fueled by Trump's election as president and his statements about crypto. It has been quite different now what with the tariffs and lack of real action from Trump.
There are still a few days left to the month but it is already nearing the end and while anything can still happen I believe it will not happen this month. Of course I would be happy to be wrong but that is what I think.
This year May can be different than previous May months and previous cycles. This market cycles goes faster than previous cycles from how Bitcoin makes its new ATH before a halving and how the reaccumulation phase ends earlier too. It has been going faster than previous cycles about 4 months and I guess that the ATH of this cycle will appear in either July or August, four months earlier than December.
The cool down of tariff war gives Bitcoin good time to recover and finish its reaccumulation phase, and I think it will only need a big reason to soar towards its ATH. May might not be a bearish month for Bitcoin this year but you can look at Bitcoin ROIs over months.
May is actually not a bad month in Bitcoin history.
https://cryptorank.io/price/bitcoin/analytics
I wouldnt say there is "no hope" of the market hitting $100k this month, it is
possible but time is running out.
Next month could very well be difficult based on the common stock market sentiment -
"Sell in May and go away" this could mean there could be very little growth for a few months.
But yes its the Bitcoin market so a lot can happen!
How am I feeling about the current pump in the market? feeling positive as
always but its nice to see Bitcoins price in the mid 90's rather than the late 70's!
Seeing you again at the 90K level has been interesting. If we were to stay at this for a long time, I think it would take only a few days or maybe a week to go higher. What I mean is that if we were to stay at this level for quite some time, perhaps a month, its high time that no one is selling and then just waiting for a new movement of money to increase the price.
What I said is somewhat redundant, but thats just me repeating what could happen with the Bitcoin price. LOL.
Honestly I feel nothing, because Bitcoin ever reach $100k, so what's point to getting excited for the second time.
I'm more excited if Bitcoin can break the last ATH, maybe it would be the time Bitcoin price will skyrocket and reach the peak of the current super cycle. Just like the previous super cycle, before Bitcoin reach the peak, Bitcoin reach new ATH and then dump for short time until it bounce back.
Probably we're in bounce back phase.
Trumps tariff war actually caused a major setback in the global economy, which affected the stock market and due to the uncertainty of weak hands in the crypto industry, it also caused the price of BTC to fall. My point is that it has not been all 'good' with Trump as some people feel or think.
The month is almost up, so if i am to give my prediction, i'd say we have to look forward to next month and on, i don't think we would see $100k this month.
I feel its going to do that magnetic thing where at first it repels BTC from the 100k area.
Ultimately the zeros on the end of a number dont matter but for first approach I imagine some orders to sell process through order books and we blip down at least a little bit.
I swear I remember that effect happening previous, 99.4k but its as good as the same thing anyway.
People who have funds see the current price of Bitcoin as a discounted one after seeing Bitcoin surpassing $100k . It is also possible that those who sold during the downtrend at a higher price is re-accumulating their stash.
There is no doubt that Bitcoin has the ability to bounce back in every downtrend, we have seen this happen in Bitcoin price history so many times that it feels like a norm.
This is a normal market movement for Bitcoin. As long as the bull run has yet to transition into bearish market, there is a huge chance that Bitcoin will record another ATH in the near future.
It is hard to tell given the high volatiliy of Bitcoin, but when the market sentiment is highly hyped, it won't take a month for the Bitcoin price to revisit $100k .
Of course I am very happy because Bitcoin is back above $90k, and previously I also called for buying bitcoin at a price range of $78k-$70k in the community and finally my calculations were not wrong that bitcoin has experienced a bullish return in a short time that makes me think whether I will be the best analyst. LOL
However, there is still a concern in me when bitcoin does not touch more than $97k then bitcoin can retest its trend at a price of $80k-$90k for a further jump and form a new ATH again, in my calculations it takes quite a long time, but the Q3 journey will be much more interesting in my opinion.
This is one moment I have been looking forward to.i never doubted Bitcoin's price to increase. It was only a matter of time.
The price now is 93,879.71USD. It may change at the time someone else reads this but it has crossed $90k
I am hopeful that in May, we will get to $100k again.
April will end in a couple of days. I am not expecting anything too drastic because of there is a drastic price increase, there will also be a drastic fall.
I don't care anymore if bitcoin hits $100k, because it isn't something new. I will be curious to see bitcoin make a new ATH so that I will confirm my observations in the market during this bull run. However, nobody knows when bitcoin will hit $100k. You might wake up tomorrow morning and see the price at $100k or below this current price. What matters is that, you should keep on stacking more coins because there's a bigger price ahead of us in future.
For now, I'm not going to say that Bitcoin will rise to $100k because if that were to happen, it would have occured like three days back when price jumped to the 90k region but for now we'd have to be content with this price of $93k and if it were to go up, maybe it will be to get to $95 to 97k except there's a whale buying.
For me, the only time Bitcoin could experience a dump is when Trump decides to resume the tariffs since it's on a 90 day pause because that was the only thing that posed a major problem for price but as it stands, $95k may be the best we'd see this month.