How Much Longer Can Bitcoin Climb? To $100K and Higher?
$CME Bitcoin - main 2411(BTCmain)$ surged to $98,000 today—will it hit $100K after tonight's market open?
1. How Much Longer Can Bitcoin Climb?
Analysts believe:
This bull run likely isn’t at its peak, but it’s entering the last quarter. The target for this cycle is about $120K–$130K.
Both realized and unrealized profits have reached recent highs.
With today’s rally, unrealized profits will likely rise significantly, and $100K could be a key profit-taking level. After reaching $100K, Bitcoin might face a short-term correction, with further gains dependent on potential crypto-friendly policies from Trump’s administration next year.
2. Should You Take Profits at $100K or Keep Holding?
If Bitcoin reaches $100K, gradual profit-taking is a prudent approach on its way to $120K–$130K. It may not maximize potential gains but offers a stable strategy. FOMO is on the rise, so avoid chasing the highs unless you’re confident in managing volatility.
3. Why Is $MicroStrategy(MSTR)$ Outperforming Bitcoin?
Since starting its Bitcoin purchases in 2020, MSTR stock has outperformed the top-performing stocks in the S&P 500.
MSTR uses convertible bonds and ATM share offerings to raise billions, reinvesting it all into Bitcoin. For example, it raised $1.01B in September and $2.03B in November 2024.
By holding its Bitcoin indefinitely, MSTR amplifies demand and reduces circulating supply, leveraging Bitcoin's inherent scarcity to push prices higher.
How do you view?
Will Bitcoin hit $100k tonight?
At what price would you begin to take profit?
What’s the end of this bull market?
Leave your comments and also post to win tiger coins~
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Looking ahead, the official inauguration of Donald Trump as president on January 20, 2025, could be a significant event to watch. It's essential to stay informed about potential market-moving events. Keep a close eye on the charts and be prepared for any unexpected moves.
$Coinbase Global, Inc.(COIN)$
$Grayscale Bitcoin Trust(GBTC)$
$iShares Bitcoin Trust(IBIT)$
$MicroStrategy(MSTR)$
$CleanSpark, Inc.(CLSK)$
MSTR uses convertible bonds and ATM share offerings to raise billions, reinvesting it all into Bitcoin. For example, it raised $1.01B in September and $2.03B in November 2024.
@Universe宇宙 @LMSunshine @koolgal @Shyon @Aqa @rL @GoodLife99 @HelenJanet @SPACE ROCKET @TigerGPT
How do you view?
Will Bitcoin hit $100k tonight?
At what price would you begin to take profit?
What’s the end of this bull market?
Leave your comments and also post to win tiger coins~
Second, institutional investment, especially from companies like $MicroStrategy(MSTR)$ , is increasing demand while reducing circulating supply,which supports higher prices. As Bitcoin attracts more attention, the fear of missing out (FOMO) will likely push prices even further.
Additionally, potential crypto-friendly policies under a Trump administration could further boost market confidence. With these factors in play, I expect Bitcoin to reach $100K soon. I plan to gradually take profits as it approaches this level, aiming for a stable strategy that takes advantage of any further gains.
@Tiger_comments @TigerStars @TigerGPT
A correction may slow or start to reverse the bull market, both equities and the crypto.
The end of this bull market will likely coincide with a confluence of factors: aggressive monetary policy changes, regulatory crackdowns, or exhaustion of retail investor enthusiasm. Historically, sharp parabolic moves in crypto are often followed by corrections, but predicting the peak is an art, not a science.
This bull market’s true end will be written in hindsight—until then, I’ll keep riding the wave while sticking to my strategy.
MSTR利用可轉換債券和ATM股票發行籌集數十億美元,並將其全部再投資於比特幣。例如,它在2024年9月籌集了$10.1億,在11月籌集了$20.3億。
@Universe宇宙 @Fenger1188 @HelenJanet @SPOT_ON @rL @DiAngel @Kaixiang @Success88 @SR050321 @Wayneqq come join
I don't own Bitcoin. hence, no profit to take.
The end of this bull market might be next year.
I hope to get tiger coins.
$MicroStrategy(MSTR)$
$CME Bitcoin - main 2410(BTCmain)$
MSTR 540 and at 170% profits. Michael Saylor is the King of BTCs 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🔥🔥🔥🔥🔥🔥🔥🔥🔥🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑