When will Bitcoin reach 100,000? When will BTC reach 100,000? I don’t think you realize how undervalued the price of Bitcoin is currently. BTC is poised to overthrow gold in 2025.
Currently, the majority of American investors are:
- Underexposed to Bitcoin (New Pew Study Shows Majority of Americans Don’t Trust Crypto Security)
- Paralyzed by psychological obstacles, they cannot pull the trigger on $85,000 BTC, paving the way for a FOMO frenzy.
- Convinced that 90,000 is the maximum, but we just reached 80,000 in 4 candles
100,000 Bitcoins are the best marketing tool since 10,000. It would help if you realized that when Trump was first elected president, 1 bitcoin was worth $400…
100,000 is so close that it won’t even seem like anything special. We’re going to blow it up like it’s nothing.
So here is where the path is svg .cwp-coin-chart { Stroke: ; line width: ; }
Price
Trading volume in 24 hours
Last price movement over 7 days
the price exceeds $100,000.
Bitcoin Price up to 100,000: Variables to Consider
We run a popular YouTube channel here at 99Bitcoins, and it hasn’t been an easy year in terms of views.
Despite Donald Trump’s victory and the upcoming $100,000, views are still not exploding for most crypto YouTube channels. Instead, the build-up to April’s Bitcoin halving has still generated more hype than anything happening now.
While the FTX scandal is still fresh in everyone’s minds, many retail investors are hesitant to invest in cryptocurrencies again.
Is retail starting to wake up?
Google search trends for "Bitcoin". pic.twitter.com/VhIPx92ia5
– Coinbureau (@coinbureau) November 8, 2024
As seen in a conversation on Reddit’s r/Buttcoin: “You’re telling me that an internet token that doesn’t do anything functionally is worth more than Google, Amazon, or Facebook that literally affects every person on earth in one way or another.”
If we could answer this guy: ‘Yes, we’re saying that the best store of value in cryptographically secure deflationary hard currency humanity has ever created will continue to rise forever, and there’s nothing a person like you can’t do about it.
The result is that retail is lagging behind in this uptrend, meaning we are only at the beginning. According to Google statistics, interest in BTC is not close to 2020 or 2017, so normal money will probably go to the altcoin and meme coin market.
Now that institutional money is gobbling up Bitcoin, they will most likely try to see BTC before 100,000 and buy strong alts like SOL, SUI, and ETH.
What will pump more, then? Normie money on meme coins or institutional money on bluechip alerts? We’ll see.
When will we take profits on Bitcoin and Alts?
It’s not a popular topic, but I think it’s time to discuss taking profits on your digital assets. Not because they are not increasing, but because everyone should have an exit strategy.
There are a few popular tools for taking profits, like Invest Answers’ AI Profit Taking Model, but here are some simple strategies:
- Profit objective: One of the most common ways to exit an altcoin trade is to have a profit target. For example, if you buy Polkadot at $5.29, you can decide to take profits at $30. You can place a sell order at $30 and wait for the price to reach your sell order target.
- Sales signals: Several websites offer buy and sell signals for various assets, including altcoins. You may want to consider selling if you see a sell signal on multiple time frames.
- AT: You can also use technical indicators such as the 200-day moving average to determine when to sell your altcoins. For example, if an altcoin falls below the 200-day moving average, it may be time to sell it.
That said, the crypto industry has essentially bought out this election, another reason why $100,000 is a pit stop and not a destination.
A Trump presidency could get us to half a million. Kamala was not a candidate for someone with as personal a stake in crypto as Trump, who spoke at BTC Nashville and promised to create a strategic Bitcoin reserve.
Do the crypto brothers have too much power? Well, they just determined the fate of the most powerful country in the world. Much of the US election was decided almost solely on the basis of crypto wealth.
DISCOVER: How to buy Bitcoin with PayPal?
The way forward for Bitcoin price
“With Donald Trump becoming president, I think it’s extremely positive for our industry. Not just at the US level, but because the US has the largest securities market and many countries follow what the US does in securities. – Sergei Nazarov, Chainlink
As we said, Trump’s presidency isn’t just shaking up Bitcoin prices. The GOP stronghold on Congress is seen as a golden ticket for the industry, dubbed by some as the most crypto-enthusiastic Congress we’ve seen.
This political turning point could lead to a wave of regulations that would roll out the red carpet for blockchain pioneers.
Trump is currently in his second term. He no longer needs to hold back.
We are about to see a rampaging Trump who also works with Elon Musk, RFK Jr. (spoken at BTC Nashville), Vivek Ramaswamy, JD Vance, Tulsi Gabbard and 250 pro-crypto senators.
You’re not being logical if you think the goal is $100,000.
EXPLORE: Ethereum Foundation’s Justin Drake Proposes New ‘Beam Chain’ Upgrade: Ethereum 3.0 Coming?
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