What’s Next for Bitcoin: $100k or $120k?

Bitcoin is currently hovering around $106,800 after a notable pullback. Right now, there seems to be two scenarios on the table: it could drop back to $100,000 or surge towards $120,000. Looking at the prediction markets, traders are really loading up on puts, which shows there's a lot of anxiety out there. But don't forget, there are still some positive signs: institutional buying of Bitcoin and onchain metrics still hint at potential growth. For anyone holding for the long haul or trying to make quick trades, the upcoming weeks could be crucial. If you're planning to trade, make sure you do your own research.

The markets are waaay too uncertain these days imo. You could hit the bullseye and time the market perfectly & then Trump throws another tweet out shaking the markets in brutal fear again. I don’t know.. shouldn’t 2026 be the beginning of a bearish phase of Bitcoin looking at previous cycles? I’m expecting it to be one, so I wouldn’t be surprised by a $100k mark, but the dollar looks like it’s on the brink of death too. Good luck to analysts timing & analyzing this timeline because if Bitcoin was hard to predict before, now it’s almost lottery!

Looking at the current market price of Bitcoin, I have to reiterate what I said earlier that if Bitcoin's bull season is now at its end, then there is nothing surprising. Because we have already seen Bitcoin create an all-time high price around 109k from the end of 2024 and then Bitcoin went into a bear trap, then the price of Bitcoin reached 74k and later Bitcoin recovered and created a new all-time high price and if we analyze the past bull seasons, we will see that just as Bitcoin has currently set a new all-time high price at 125k, this could also be Bitcoin's final all-time high price for this bull season. And that's why if bitcoin price goes below the 100k then I will not going to be surprised.

Despite of the current bitcoin price scenario, I can’t still be sure whether bitcoin is finally heading up or falling down, maybe that’s how volatile bitcoin is that makes us unsure of everything. But honestly speaking, opportunities are still waiting regardless of what will be the next move of bitcoin. If it drops down to $100k, newcomers will definitely make the move to finally invest with bitcoin, but if it goes up and even reaches above $120k, well that would encourage everyone to take time to sell to gain impressive profits. Whatever the future price of bitcoin, people will still be waiting for it, others to buy while others to place a good position to sell.

Can we really consider either as a big move, it hit 100k almost s year ago and we have seen it hit higher than 120k so I wouldn't consider either as being a big move although I would root more for it to go back to 120k than return back down to 100k and even though the price is closer to the latter than the former we can't really say for certain which one will happen, I think the bear run is more or less over already so we should be expecting an upward trend in price over the next few days or it might just stay stagnated for a while, I really can't say for certain.

This is a fun question for sure and it spells out the critical happenings surrounding the current crypto currencies market. We can't say for sure when Bitcoin's next big move might be, however, we can look at why the next big move from $100k to $200k is significant and why the current market dynamics will typically favor the move over to $200k than a decline leading to bearish run at $100k. Some, including myself, may believe that a bullish climb to $200k would be as a result of FOMO and it is good advice to anyone with BTC currency in wallet, to HODL on and avoid giving in to the fear of missing out.

In the historical trends I think you might be wrong that bitcoin has already reached its highest period for this cycle, if you look at the chart although it is this last quarter that bitcoin usually creates an ATH for the cycle but the month that bitcoin does this is usually the month of November which precisely is towards the end of, with todays dates we have month to see maybe history can repeat itself by bitcoin creating a new ATH in November and it is until then I can say that we have seen the highest price that bitcoin can attain. For me we will dip for a while until possibly when most of the economy disputes have been settled then we can actually head up again. Agreeing that $126k is the highest bitcoin price can get to this year is simply saying that we are in bearish period already which I don’t agree with, bear period to me starts December. So for me bitcoin next move is $120k

I told someone today in chitchat that even if Bitcoin dropped to $80k because of all these FUD and what have you with Trump and China, it's still not time to think the bear season is upon us. Historical data have taught me not to be hasty believing a bear is up at a time like this. From my findings (and this is where I base my decision), Bitcoin proved it did at least 3x of previous circles' ATH to create a new circle ATH. The last circle ATH (its peak in 2021) was $68k+. That was even in an era Bitcoin didn't have the type of attention it's getting now with fundamentals to its favour more than before. As it stands, Bitcoin is yet to do a 3x of $68k. So, why should anyone panic yet? Well, this isn't a financial advice, though. Again, Movember is around the corner. It's a month that's Bitcoin friendly.

Why are you calling a movement by less than 10% or 20% a big move? It is absolutely mind blowing how easily people can be manipulated and scared these days. I think it could be a side effect of spending too much time on the internet and using social media. There is no reason at all to panic just yet, it is a normal correction that was caused by external events. That is all.

For the long term holders, there is no need for them to be proactive with the market because they might just pulling it over so that they're making moves for the next cycle and not with this one anymore. But it's still not too late for those who have missed selling if they still have that in their minds. Not only for the future traders but to everyone who's investing and holding. We give ourselves the pat in the back for doing a good job on this cycle for which what we've missed in the past runs. And those who might miss their things for this cycle might correct their mistakes on the next bull run.

Price has been ranging between since yesterday and today, waiting for a breakout either to the up side or down but market is likely to sweep the liquidity below (go below $105k) and then spike to $113k or $120k. Long term investors are not to be bothered about this but rather the short term spot and leverage traders are really concerned about the next move. For holders, if the market goes downward, it's an opportunity for us to buy more.

There is no guarantee that Bitcoin will touch its highest price in the same month or go into bear season again, but according to the market pattern, every time Bitcoin makes an all-time high price, it makes a new all-time high price up to 80% higher in the next season, like currently we have seen Bitcoin making an all-time high price around 125k. And this may be a signal of bear season for us. Moreover, if we compare it with the bear traps of the previous bull seasons, we can see that before going into the bear trap, Bitcoin set an all-time high price, and then after recovering from the bear trap, Bitcoin went up by a maximum of 10 to 15% and set a new all-time high price, and then gradually headed towards the bear season. Considering these aspects, 125k is enough. And moreover we are also seen the biggest liquidation in this month.

It's been a week since the price of Bitcoin started declining and the lowest it has gone is $103k and now it seems the price is forming a resistance around $106k, though we don't know the next direction of the price if it will fall below $100k or bounce back around $120k but what I can say is that the FUD in the market has really reduced which means that some whale investors might be planning on buying the DIP which if such action happens, the market will begin to build momentum to rise again which if massive inflows enters the market the price can hit $120k or above before the end of October.

I know that so far it is on spot everything goes down will surely come up so no cause for alarm and have even decided to look at the bright side by trading stocks which seems to be a better alternative right now, zero manipulation there, and also opportunities are now there, like getting free reward of $100 for trading US stocks on exchanges and many more.

You remind me of the bitcoin price correction in April when Trump initiated tariff war, caused bitcoin price to fall from $109k to below $80k. Many were pessimistic at the time and believed that the bear season had come sooner than expected, but Bitcoin quickly recovered and even reached a new ATH. Likewise, if bitcoin falls below $80k this time, there is no guarantee that a bear season will come. That will depend on the situation at that time. But you forget one thing, bitcoin has grown and become much bigger than it was 4 years ago. The larger the capitalization, the slower the growth rate, this is true for every asset and I don't think bitcoin is an exception. I don't think bitcoin can hit $200k this bull season even if bitcoin gets more attention and interest from the world. Again, you forget we are in "Uptober" which is also considered a good month for bitcoin, but look what is happening.

Maybe going below $100,000 first before going to as high as $120,000 and possible new ATH? TBH, after that drop happened, the chances of Bitcoin reaching new ATH yet again dropped significantly. That's just my opinion. I mean Bitcoin's price took weeks to reach new ATH then all of that gains will disappear in an instant just because of a single person? That's just pure bullsh*t out there, but it is what it is. I still believe that the market will be going down in the short term, and with fear still around us, that might cause panic towards other investors hence, pushing the price of Bitcoin and at the same time other altcoins to go down even more. I might be wrong though (and always have ). I guess I'll just observe on how will the price movement of Bitcoin will be this month then from there, I'll make my decision.

People literally euphoric when bitcoin was hitting the last cycle ATH back then, I'm sure if any $68k will be the bottom of the future bearish cycle because we got ETF and some more things to diminish the pullback of the bearish cycle. Not to mention that the trust that people have toward bitcoin keeps increasing, I believe if somehow BTC got down to $80k level people gonna freak out but like as you said not a sign of market shifting towards bearish. Hopefully though that wouldn't happen at all so there's no need of unnecessary freaking out .

I won't bother myself to look at the upper side of Bitcoin for now unless Bitcoin satisfies some conditions. At the moment, it's all bearish in all charts. Look at your weekly and monthly charts, you could conclude on the prevailing and possible actions of the market, but as I said, unless it changes the condition, especially this week. However, if we could have another bearish week, and perhaps the monthly close is bearish again, that could be a long-term disaster in waiting for Bitcoin. The fact that investors ignore it for Gold this month, when the world is more uncertain, is an issue on its own.

The market was in a good condition a week ago and everyone was very happy to see its great green candles. But suddenly the market has fallen which has gone down a lot, and it will definitely take a long time for the market to reach its previous position from this position. However, we can predict that maybe the market has a possibility of coming to $100k, although Bitcoin is currently in $107k. However, the current market price position from here, if you invest long-term or short-term, you will definitely have a high chance of profiting later. But here DYOR R is important for every person, if they invest with risk now, then maybe they will expect something good from Bitcoin in the next month if they invest short-term. And if you invest long-term, then I think DCA should be used at this time, because we expect to see Bitcoin market high next month.

It depends, as not everyone has spare money to buy every time the bitcoin price suddenly drops like that. Everyone has financial limits, so this is only true for those who still have enough money to buy. That is why most of us are long term investors but as you can see, no one wants prices to go down. Most people feel disappointed every time the price drops instead of feeling excited and seeing it as another great opportunity. If you do a survey, I think 100% of people who vote would want bitcoin to go to $120k instead of under $100k.