Is Bitcoin Heading Below $100K?

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shard_2013Full Member
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#1Jul 13, 2020, 12:25 PM
Bitcoin almost hit $100K recently. It got to about $100800 not long ago. Support feels weak, and we might drop below $100K soon. I'm worried the bear market might be starting... Maybe I'm wrong, though.
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#2Jul 13, 2020, 02:54 PM
Yeah, I get your concern about the bear market. A lot of folks are feeling the same way. Institutional players seem to be hesitant, and that’s causing doubts. Plus, Bitcoin’s cycles do tend to repeat. Last one started about four years ago.
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0xNovaFull Member
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#3Jul 13, 2020, 09:01 PM
If we break below $100K, I’d say we’re officially in a bear market. It’s been looking bearish for a while now, but we all hoped we’d hold that support. It’s just that the recent trends aren’t encouraging.
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#4Jul 13, 2020, 11:43 PM
Seriously, I hope we’re not entering a bear market either. A drop below $100K is what many are waiting for to confirm it’s happening. But I still think we might have some time before it really hits.
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#5Jul 14, 2020, 06:02 AM
I mean, we’re so close to $100K right now. I’d bet we drop below it soon. Will it be today? Who knows. I’m hopeful for a bounce back to $105K, though. Still, if panic kicks in, anything can happen.
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markgasNewbie
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#6Jul 14, 2020, 10:36 AM
Bitcoin is dumping hard. Honestly, I doubt it will stay above $100K. Maybe it’ll dip to around $95K or even $92K before stabilizing. November really feels like a rough month for crypto.
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#7Jul 15, 2020, 08:28 AM
It’s realistic to think we’ll break that $100K support soon. Let’s accept it, the bear market seems imminent. We shouldn’t cling to false hope that things will turn around this year.
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#8Jul 15, 2020, 09:52 AM
Yeah, I agree. We’re heading below $100K for sure. This isn’t FUD, just reality. Instead of panicking, it’s a good chance to buy and HODL. I still believe there’s a chance for a quick recovery.
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fewunderstandLegendary
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#9Jul 17, 2020, 07:04 AM
I wouldn’t be shocked if by morning Bitcoin’s below $100K. Current price is around $100,500, and that support has no solid backing. Market’s acting wild right now.
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#10Jul 19, 2020, 02:42 PM
Wow, Bitcoin went under $100K quicker than I thought. Seems like the four-year cycle is done. I kinda regret not selling more at those highs, but at least I sold some.
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#11Jul 19, 2020, 05:45 PM
$100,389. Looks like things are getting serious now. Good opportunities might come if you play this right.
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dave2015Member
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#12Jul 19, 2020, 07:24 PM
Watching the price dance around $100K, weak support is a bad sign. Once it breaks, it could drop fast. But sometimes after a rally, profit-taking happens and can lead to a bounce.
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0xBitNewbie
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#13Jul 19, 2020, 08:24 PM
That’s a good point. I don’t get why people freak out. Bitcoin dropping below $100K could be a blessing. Just look at last time; it fell to $15K and bounced back hard.
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ColdBitNewbie
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#14Jul 20, 2020, 02:05 AM
Tariffs really hit Bitcoin, causing a price drop. The market mood is super risky. We’re seeing a decline of over 5% in the last day. Support is crumbling.
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leo.rocketFull Member
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#15Jul 20, 2020, 03:10 AM
On Binance, lowest price was $100010. Maybe it won’t drop below $100K there yet, but with the way it’s moving, it might happen tonight. If it holds, we could see a rebound.
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bridge_2014Senior Member
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#16Jul 22, 2020, 02:09 AM
I wish I’d sold more too, but I was hoping for $140K. Now I’m thinking we might not see a quick recovery. Let’s hope November turns good!
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wallet21Senior Member
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#17Jul 22, 2020, 05:22 PM
Bitcoin briefly dipped below $100K but bounced back. Altcoins are suffering worse. When people get scared, they shift back to Bitcoin, which makes altcoins drop faster.
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quantumaltHero Member
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#18Jul 22, 2020, 09:20 PM
Bitcoin’s touched $100K, but I don’t see it rising soon. If it breaks that level, weak hands will panic sell. Now’s the time to buy, not sell.
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0xMinerNewbie
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#19Jul 24, 2020, 04:32 AM
Hard to predict where the market’s going. Are we heading into a bear market or will it recover? If weak hands sell out, we might fall further. I didn’t expect a bear market till hitting $150K.
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0xGangMember
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#20Jul 24, 2020, 06:02 AM
We all thought the same, but it looks like the bear market is coming back. $100800 support is broken, so we might drop below $100K soon. Just remember to stay calm and hold onto your coins.
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