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$110k by the end of today, might even be in the cards, though we ONLY have 7 hours remaining in today's candle if we go by UTC. We might get to touch upon $120k by the end of this weekly candle? And who knows if the price would be stable at those prices or have a few bounces up and down, yet what seems to be our ongoing upwards price pressures is nothing to sneeze at..
There is little chance of bitcoin hitting $110k today in my opinion, but it's still possible to achieve it in the next day if bitcoin is able to maintain its current price range. Strong demand so far has driven price increases which I think are quite significant, but you are certainly right that we still have to think that a correction may occur. I'm not sure what the price will be at the end of the week, but if $110k can be hit today or tomorrow, then we can expect $120k to be hit soon.
Corrections can come at any time, but they also could be fake out corrections that do not really give those who sold at around $100k to buy back with any profits, so I can really see bitcoin going into punishment mode, which means up rather than down.. not ONLY punishing those who sold at around $100k but also punishing those who fail/refuse to buy bitcoin.
In the end I don't really know, yet at the same time, I know that no matter the BTC price, I have always been telling folks to make sure that they are prepared for UP, and to stop overly preparing for down that might not happen.. .and the last month and a half has been quite punitive to those who had been failing/refusing to prepare for up.
Sure we got a bit of a correction into the $89ks right before crossing above $100k, yet there were likely a lot of folks who were greedy, and they wanted more and more and more, and they failed to either buy or to buy back if they had sold, and so they are likely going to get punished... even though it is not for sure that they will get punished, because there are always chances for a correction, yet it is not a good idea for anyone who is short on their quantity of corn to be failing to buy BTC because they are waiting for such corrections that might not end up happening.
OP I hope one of your eyes are open because we have another new ATH, $104k and now $105k (currently). Things with Bitcoin will always have a profitable way of surprising us even when we feel the market price would drop to something low, Bitcoin has a way to make it favor investors. Those who are planning on selling when Bitcoin price dropped to $100k and $99k I believe is time to reconsider your decision, this last month of the year will always give the green light and $110k to $120k is another target, the last month of 2024 has given us a good account of itself. OP is time to wake up.
While many are dreaming of selling at 100k, there are also many who are buying Bitcoin at this price. Although the price of Bitcoin is currently approximately $103,000, it has risen to a maximum of $106,352. At the current time, there is a great possibility that the price of Bitcoin will increase further. That is, we may soon exceed the price of Bitcoin by $110,000. Especially in December, a big rise in Bitcoin is possible and next year too, since there will be a big change in the price of Bitcoin and the market will be bullish, it is better to hold Bitcoin rather than sell it. The price range of Bitcoin has crossed $100k and we will be able to see a new price movement. For those who think this is the end, I think this is just the beginning.
When I saw it last it was $105k I never knew it went up to $106k, if it continues like this we might see it rise to $115k before end of this year because it hasn't left $100k whenever the price is dropping so the hope is still alive. I think instead of some individuals to be under pressure, some might be confused on weather to sell or buy since the price has gotten to the $106k like you said, some may think the price will drop to $100k, nobody wants to lose. Those who bought Bitcoin at $99k will be smiling too.
Never will this positive movement be the end, it hasn't started to make a productive move yet, this is just the beginning, the expectation is very high since the price got to a new ATH.
You said very well that Bitcoin will give such a maximum ATH which was a surprise. The way Bitcoin has inevitably changed its trajectory after Trump's victory, we can imagine that there may be a big opportunity waiting for investors by the end of this month. I think everyone should join this Bitcoin bull run and invest for the long term. Bitcoin is moving forward with its initial benchmark and has the potential to exceed $250k in 2026. We need to plan properly and implement our investment for the long term because Bitcoin is volatile and if the market falls at any time, you may not get good returns in the short term. So we need to build our own investment portfolio through long term and take advantage of achieving a high return.
I can't see how the victory Trump had was the reason for Bitcoin price to start moving forward to a bigger figure of 6 digits, I don't care but to be honest, I'm like the way Bitcoin price has been rising since the last 2-3 months and this very month has the holidays and this is the best gift Bitcoin has given to all crypto lovers.
Bro, we're not yet done with 2024 or even to see how 2025 would be like and how the market price would be like and you have already ran to 2026? To say the truth, I don't think that amount would be possible by 2026, I don't onow what to say about that nit let's keep that aside and imagine what 2025 would bring.
Part of the reason that some of us (perhaps just me?) were telling you (Sexylizzy2813) in September to be buying bitcoin rather than waiting for dips that might not happen... but you were too busy talking and whining about down and even predicting more down, so even if you did not end up selling some or all of your BTC to anticipate the dip (that did not happen), there can be similar kinds of problems and dymamics to be failing and refusing to buy persistently, consistently, ongoingly and perhaps even aggressively...
Selling and failing to buy are similar phenomena.
So the fault of many normies is to fail/refuse to sufficiently and adequately prepare for UP, and if the normies are not constantly buying bitcoin for 4 years or longer, then when UPpity BTC price times like this come, these same folks end up having to pay way more for whatever bitcoin they end up getting (in the event the choose to convert from low coiner/no coiners into coiners) that is if they even ever end up getting bitcoin.