When will Bitcoin hit 100K? When will BTC hit 100k? I don’t think you guys realize how undervalued the Bitcoin price is right now. BTC is about to flip gold in 2025.
Right now, the majority of US investors are:
- Underexposed to Bitcoin (New Pew study shows majority of Americans aren’t confident in the safety of crypto)
- Paralyzed by psychological roadblocks, they can’t pull the trigger on $85k BTC, setting the stage for a FOMO frenzy
- Convinced 90k is the top, but we’ve just hit 80k in 4 candles
100k Bitcoin is the greatest marketing tool since 10k. It would help if you realized that when Trump got elected president the first time, 1 bitcoin was worth $400…
100k is so close that it won’t even feel like anything special. We’ll pop it like nothing.
So here’s where the
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price is going after $100k.
Bitcoin Price to 100k: Variables to Consider
We run a popular YouTube channel here at 99Bitcoins, and it has not been an easy year for views.
Despite a Donald Trump victory and $100k on the cusp, views still aren’t popping for most crypto YouTube channels. Instead, the run-up to the Bitcoin halving in April still had more hype than anything happening now.
With the FTX scandal still fresh in everyone’s minds, many retail investors are hesitant to invest in cryptocurrency again.
Is retail starting to wake up 
Google search trends for "Bitcoin". pic.twitter.com/VhIPx92ia5
— Coin Bureau (@coinbureau) November 8, 2024
As seen in a conversation on Reddit’s r/Buttcoin: “You’re telling me an internet token which does functionally nothing, is worth more than Google, Amazon, or Facebook whom literally affect every person on earth is some way.”
If we could respond to that guy: ‘Yes, we’re saying the best store of value cryptographically secure deflationary hard currency mankind has ever created will keep going up forever, and there is nothing a nocoiner like yourself can do about it.’
The upshot is that retail is lagging into this bull run, meaning we’re only getting started. According to Google metrics, interest in BTC isn’t close to 2020 or 2017, so the normie money will probably go to the altcoin and meme coin market.
Now that institutional money is gobbling Bitcoin, they will more than likely try to see BTC before 100k and buy solid 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 Are We Going to Take Profits On Bitcoin & Alts?
It’s not a popular subject, but I think it’s time we discuss taking profits on your digital assets. Not because they aren’t going up but because everyone should have an exit strategy.
There are a few popular tools for taking profits like Invest Answers ‘IA Profit Taking Model‘, but here are a few easy strategies:
- Profit Target: One of the most common ways to exit an altcoin trade is to have a profit target. For example, if you purchase Polkadot at $5.29, you may decide to take profits at $30. You can put in a sell order at $30 and wait for the price to hit your sell order target.
- Sell 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 across multiple time frames.
- TA: You can also use technical indicators such as the 200-day moving average to determine when to sell your altcoins. For instance, if an altcoin falls below the 200-day moving average, it could be time to sell.
That said, the crypto industry essentially bought out this election, another reason why $100k is a pit stop, not the destination.
A Trump presidency could see us hit half a million. Kamala was not a candidate for someone with such a personal stake in crypto as Trump does, who spoke at BTC Nashville and promised to create a Bitcoin Strategic Reserve.
Do crypto bros have too much power? Well, they just determined the fate of the most powerful country in the world. A major portion of the US elections was decided based almost solely on crypto wealth.
DISCOVER: How to Buy Bitcoin With PayPal?
The Road Ahead For the Bitcoin Price
“With Donald Trump becoming President I think it’s extremely positive for our industry. Not just on a US level but because the US has the biggest securities market and many countries follow what the US does in relation to securities.” – Sergey Nazarov, Chainlink
As we said, Trump’s presidency is shaking up more than just Bitcoin’s price tags. The GOP’s stronghold over Congress is seen as a golden ticket for the industry, branded by some as the most crypto-enthusiastic Congress we’ve seen.
This political pivot could usher in a wave of regulations that roll out the red carpet for blockchain pioneers.
Trump is in his second term at this point. He doesn’t have to hold back anymore.
We’re about to see an unleashed Trump who is also working with Elon Musk, RFK Jr. (spoke at BTC Nashville), Vivek Ramaswamy, JD Vance, Tulsi Gabbard, and 250 pro-crypto senators.
You’re not being logical if you think $100k is the goal.
EXPLORE: Justin Drake From The Ethereum Foundation Proposes New ‘Beam Chain’ Upgrade: Ethereum 3.0 Inbound?
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