Bitcoin Forum

1 BTC = $5,000 by end of the year!

https://www.tradingview.com/x/xP1yqEmf/

Source: https://www.whaleclub.co/post/hrGpa6

More analysis from this person: https://www.tradingview.com/u/Coinsidering/

and what will drive this increase of over 1000%?

1. we are bound for another bubble anyway
2. halfing 2016
3. unexpected news, something like: Major Bank X will now also support a pure bitcoin account

Just getting past the previous ATH by the end of the year would be difficult enough. I wager you will be waiting quite a while longer for $5,000.

ATH no prob, see:

So mining will bring in $18 million a day?  Riiiight...

Just noticed the convenient vertical line upwards on that chart....right before the end of the year  ;D

Yes, Santa will take Bitcoin on his sleigh and bring it to the moon !

Actually, Robot Santa lives on Neptune...

http://static.comicvine.com/uploads/original/12/129391/2769389-santa2.jpg

The one thing I have learned is NEVER underestimate bitcoin.. alas positive or negative.

Although, I lean very much towards no freaking chance.

This is excellent news cos that price is, like, more than it is now. I give my stamp of approval to this.

I really want to believe on this.  I think we will go up a good amount by end of year, but 5000 is a lot.

I think hopefully over 1k.... but I don't see 5k by end of year.  Just would take a lot of good news to get there.

you mean almost 2000%, x20 current price

i believe that the next spike will surpass the previous one, it's always like that, the next big ath is above the last one

what is up with all of the circles on that image?

I won't complain about this if the price really reachs this high before the end of the year , at least I can buy my Audi at the age of 18  ::)
But we should be realistic little bit and stop dreaming and giving faulse prediction and faulse hopes to people . Price will more then likely won't go anywhere higher then 1k $ until the Halving block reward . deal with it

wow, I suppose anything is possible and that would be a great price although end of the year is a bit optimistic.

May i know what is the green line there?
Will it go for sure or just speculating.
5,000$ seems to be so far away from our mind so far.

I guess that represents a positive and a negative scenario for the price to follow. So either a small pump before the vert line or a bit lower price before a massive candle.

I think this is correct more or less. Just need to slide the peak over to the right by 8 months. We'll 5K+ after the block reward halving.

keep dreaming! we'll be lucky if we hit $500 near or after the halving. it's quite funny to see how many people here can't seperate fantasy and reality.

Just living in a dream.

I will be really happy with 500$

When bitcoin is showing off its ass at the stripper parlor in a bull market, it always exceeds expectations especially when those have been depressed from such a dull period. Plus, if the Winks showcase the entrance of their ETF and Gemini or one or the other at a strategic time, Boom! Seriously, $4 billion market cap at this point? Stop

Welcome to the high life at such a young age but I see you're scarred from disbelief by the ending bear/barf market for so long. Let's get up to speed on what this bitcoin can do and make a name for itself in such a large way. I hope you don't sell your piece(s) at $600 and then shit yourself as the world takes aim at bitcoin. I only agree w/ the OP in that $5k is the first wave of the next bull market. Live well my friend.

Fantasy can be reality if you've had a piece of the last run up. Now it seems that just getting to $400 seems like a riot of bullishnesh to some but it is just the beginning of FOMO and the media taking it to the people. I'm sorry your expectations are so low or that you've been a battered spouse to bitcoin for this last shit period since the last downturn in the new year of 2014. You're about to experience something that will shut your mouth forever (in a good way) and make a real believer out of you. You're about to witness a special time in bitcoinland. 8)

stop dreaming, guy

I don't want bitcoin to pump up that much. This kind of price rise will never let the bitcoin market to settle.

I don't believe that. I don't believe in any kind of analysis. No way to predict such things. Are totally speculation. Bitcoin is unpredictable. Period!

Thank you :D

It will be a miracle if the price at the end of the year will be $ 350, the price in 5000 is not dostinet ever, it is only a dream.

yep. it's already a large win

Ho Ho santa will giving a gift if your predict come true. Keep dreaming bro and dont wake up until bitcoin reach to $5000

it can happen actually but it does not mean that there will be not a big crash after it, a spike can always happen, sustaining it as a stable price no so much

atleast that will not be a 100 year sleep like the fairy tale ;) Might take a year or so, but it will happen.

I think one '0' have to be omitted ...... 1 BTC = $500 by end of the year  ;D

286 and rising, only 4714 left to go!

wow , this is far beyond speculation and now it is in the dream territory

Yeah good thinking , i like this price too.
It is the most reasonable price for me at least.
As the bitcoin price today was increased its $285+

Even if there is a bubble happening by then and we get past 5000 USD, will you sell? What guarantees that you are selling at the top? what guarantees that you will be able to buy back at a decent enough price? What happens if you aren't able to buy back and get left outside the market with your deprecating dollars?

Bubbles are cool, but they are a bitch if you end up screwing up. You never know if the price will get a small correction, or a huge one. Say we reach 5000, price goes back 4700. You think "oh, the correction hasn't even begun, we'll probably go back to at least near the last ATH". So your plan is to keep waiting for something near 1.3. But guess what, it doesn't happen, and unexpected whales and legit buyers keep pushing the price up, and the price starts going up again from 4700 to something unexpected such as 7000, and then it starts peaking there and having a big correction... see, there are tons of ways to lose money, but my biggest fear is being left behind outside the market, as a long term holder that's what scares me to sell, because you can't never be sure if you are perceiving an obvious bubble or you are selling at the tip of an huge iceberg.

Nah. The halving is too far away to drive the price over $2k before this year's end. I think that's the absolute roof for this year. I'm confident to say that we will not see $2000 dollar bitcoin (except for some fringe sales, maybe. But definitely not a reliable rise above $2k), not until sometime late 2016 or sometime 2017. $5000 isnt a realistic goal until 2018, I'm afraid.

i hope that will really happen and if not in this year maybe in the next year or someday but for now reach to $500 is enough for me

If we went to 5k then I would make over $30,000 soooo I would be okay with that.

i mostly think that whales are going to keep the price down to accumulate more then pump the price next year to have better profits.

Thanks for the heads up OP, if we go anywhere near $5000 by the end of the year then I will give you $500 for your little prediction.

If you quote this you know it is here for you to collect should we go over $4000.

However much I would obviously like that I don't see us going over $500 by the end of the year, let alone $5k.

There are a number of threads currently making astronomical price predictions. The shortest term thread claims Bitcoin will go to 1200-1300 by the end of this month. I flatly don't believe Bitcoin's price will reach that target before July 1st. I hope the other longer term prediction threads come true but I'm skeptical. Most of them are similar to this one, and claim Bitcoin will go to thousands of dollars before the end of the year.

that's why I don't sell.  just hold. you can sell off small amounts of your coins at certain levels. 10k, 50k, 100k, 250k.  but always hold majority of coins.  but it will take years. not expecting 5k anytime soon.

It's ok to sell micro parts sometimes to have some fun with your success, but never get addicted to it or you will lose the future rewards.

1 BTC imo has more chance of reaching $50 by the end of the year than $5000.

These super moon threads are just as bad as the super gloom threads.

Saying that though I wish you luck with your $5k valuation for the end of the year.

In my opinion is more likely $50k until the end of year than 50 by the end of year, and I would not bet 1 cent for BTC reaching 50k this year, no matter the odds