Bitcoin Forum

Today I find an interesting graph about bitcoin price trend, this chart predicts the possible price of BTC in the upcoming fourth bull run

From the first bull run to the upcoming fourth bull run, bull runs usually become more prolonged, and a bit less intense over time.

In the fourth bull run, the highest price of BTC will up to $160k in September 2023 rather than  2021 commonly assumed, and in October 2019 BTC will crash down $3000, from October 2019 to January 2020 is the lower price period of BTC, and it will be the best time to invest.

What this chart presents matches up with an article I read earlier, the gist of that article is that the lower point of BTC price may appear after September 2019, rather Jan 2019
I don’t know what algorithm does this chart uses, maybe itself no algorithm.

what you do think about the viewpoint of this chart, please leave your comment or viewpoint.

image url：https://ibb.co/TK5my5T

Sad to say we can't predict if the price per bitcoin will become $160k. But, it is possible to happen if in the next few years we will experience bull market. Some people predict that bitcoin will raised up to 1 million usd but do you it is really possible?

Never trust any prediction. Be prepared for every possible scenario as there's no way we can tell when Bitcoin or crypto will start its bull run again. Don't trust anyone in this space, do your own research and do things on your own, because in the you're the one responsible for your life.

Don't think too much ahead of time still, you are predicting the future market that there's nothing who can tell the exact happen.
Don't bother your self on that besides, just prepare for the possible happen. We are waiting for that bullish trend but as of now just try to go with the flow.

I can say that your prediction will be true, or I can predict too that in 2023 the price of Bitcoin will be more than $160k. An average newbie in crypto can predict that at the end of the year, Bitcoin will go to $0.

What I mean is don't trust to prediction because anything can happen and unexpected things can happen in unexpected times. Lets just wait for it and HODL!!!.

Prediction charts were developed upon the analysis made by themselves on observing the market as well calculating the growth that has been attained over the previous years during the same time period. When the price went reaching $20k the expectancy was $7000-$10k. The market turned wild and gave a big growth, this way anything could happen, let's hope the best to happen.

All are mere speculation without any factual basis except previously established charts. I won't go much deeper into these things as they are clearly just projections made by permabulls and prices are drawn on nothing but sand. I wouldn't bank on these predictions and will just use my own judgment and volition into positioning myself in the market for any gainful profits there is along the way. $160k is a stretch in 4 years time, and even with full-blown FOMO included, I don't think we'll get past $20k on the next bull run--if ever there will be one again.

Do your prediction backed by fact or just assumption or because of the past market performance, any which way we can't tell if Bitcoin will go up or down, 2018 and 2019 are full of unexpected events so just expect the unexpected and always get ready.

From what Ive learnt so far from all these "predictions" is that its not easy to do so. There have been thousands of experts who, when the time comes just sound clueless. All you can do is hope. I hope it goes to $160k in 4 years time too but I think its definitely an overkill.

The chart looks pretty legit.The price cycles are really getting longer and longer,but there's no guarantee that some external event(global crypto ban) might destroy the bitcoin price patterns forever with no chance of recovery.There's no mathematical or geometrical way to predict the future.

All these are just speculations, in wake of 2017, many death speculators predicted bitcoin to hit $50k-$250k, and a lot of folks panic bought, today they are in anguish because of wrong pricing by supposed pundit. I have learnt my lessons to focus on the technology of the bitcoin rather than just price speculation, which although is still necessary to create market HYIP.

It could be right and it could be wrong. Even a prediction with basis isn't a guaranteed no matter how deep the analyzation is, at the end prediction is still a prediction. Still the best thing to do is be updated/active on what is happening. Especially, we all know btc does unexpected things.

After halving in 2020, all speculators predict the largest mega bull run in history of cryptocurrency market. With a bit of luck, in 2023 the price will fall from $300k in 2021 to $160k. ;)

$160k seems fair and somewhat realistic  but yet it's not advisable to hold steadfast to it or act on this prediction. If you are intending to invest more because of this price; do not because prediction may or may not come to pass. Invest because you want to.
If we will see this price, then something needs to be triggered, an event is likely to push Bitcoin to this price.

An interesting chart I may say, So the next bull run will be 2020 and will end on 2023 if the chart will be correct then that now if the best time to really produce Bitcoin and exchange fiat to bitcoin and other Cryptocurrency that you like because when the price of bitcoin goes skyrocket other cryptocurrencies will sure follow, Well I guess this is all in a technical manner of analysis but this is some exact charts that bitcoin price will go through. I may say that there is a related forecast just like these that 2020 will be the start of the bull market.

Undoubtedly Bitcoin is the high valuable crypto currency so we should expect more than 100k USD will possible on 2023. But reality we never predict the future possibilities because most of the long term is never comes in true, So keep buying and holding the Bitcoin is a right decision in bleeding market. May be this month some jumps are occur in the market but we should concentrate in long term.

i think it's all about adoption by big companies now if they support the bitcoin and make it usable for sure price will fly but it's all risky u'll never know what might happen
like what samsung did and opera browser that's adoption , very important one
and bittorrent token it's also a big step to make at least the crypto world more known to regular people

It's Just a hype, see cannot predict anything in crypto currency and even the experts do not have about this. but one thing for sure is long-term investment will always benefit you there is no doubt in that. And yes I still believe BTC will skyrocket again as it has proved already as the king of cryptocurrency.

I dont think there are any good reasons to belive that. In just 4 year i think its just impossible to see the price going up x40, especially when we talk about a starting point of 4000$. It took about 8 years for the price to reach the maximum of 20.000$, i dont think in only 4 years the price could go up to $160k.

it is wrong simply because bitcoin exact price in an exact time in the future is completely unpredictable. the only thing we can predict is the rise itself and a big range that price may or may not reach.

for example back in 2016 when price was <$1000 you could predict that by 2018 price can reach somewhere between $5k and $10k and worst case scenario with a solid rise without any surge to $3k. but you could have never predicted $20k.

now in 2019 we can say by 2023 price is going to be above $50k in worst case scenario and we may be testing $100k already but that range is still too big and you can't limit it any more.

It can not be wrong, but to make predictions of such magnitude, should be based on a fundamental analysis that consider all possible scenarios, both bull or bear, of course it would have a prediction as such, I would not dare to give a figure at this time, because right now the market is going through a phase of accumulation that can take a long time. But everything is possible, if so, a scenario like that would not fall badly, technology would echo the world and start an era where money has much more value.

The funny thing about long term charts in the cryptocurrency market is they are totally inaccurate, if they are inaccurate in their stock market counterpart then we can expect how it is massively inaccurate in the crypto market. Long term charts does not take into consideration current events and other external factors outside of its charts. Yes there is a possibility that the price you predicted will happen but its the best scenario that could happen but it has the least chance to happen.

The halving is going to have a significant impact on bitcoin price, that is something that is going to be right from this prediction.

However, the fact that this prediction involves any sort of specific numbers would deter me from believing in it. The fact is that it is next to impossible to predict how much FOMO will be present in the market, and how much further up we can go when market capitalisation was already in the hundreds of billions at the peak of the last bull market.

I certainly don't think it's impossible to have something in the six digits for the next upcoming bull market, but the arbitrary way he approaches this analysis isn't something that I would be trusting.

Furthermore, he essentially assumes that late August 2023 will be the time when the height of the bull market appears. Again, completely arbitrary date for when this will happen. But more importantly, wouldn't that mean that in 2024/25 markets will be bearish despite the halving if we follow his model? Contradicts his own prediction.

Only 4 yeats from now and we are in the 2019 on that year.  I think we need to be focus now is to pump bitcoin before predicting very high. Because I think 100,000 dollars is highest or maximum price of the bitcoin and even that is less percentage to reach so what more if the price is more than that.

Pathetic and ambitious speculation for looking up for the price and I think the best thing to speculate if we talk about the price is the little more closer on that figure, and there are so many hardship to come interms of that matter so maybe it's best for us on not to focus on some unreliable speculation and earn with current market volatility.

Too much high makes it more impossible for bitcoin to reach that level, we should focus more on the next bull run and don’t just think about the price of $100k and up. If this is meant to be it will happen for sure, no one can say if this is true or not so don’t focus on this one.

I think that the price is too excessive, with the current price intensity of 160KUSD is a value that is so impossible to achieve in 2023. But remember that everything can happen in the world of cryptocurrency, many dreams come true. so try to dream and then we will get something beautiful.

There is nothing wrong if Bitcoin price will reach that far because no one will reach that value if it was not trusted as promising investment but i don't believe that price will reach that high because the more Bitcoin become more expensive then it will become the more the difficult to purchase in which small time invetors will be forced to shift to Altcoins which is much cheaper to purchase.

"expensive" compared to what? the true value of bitcoin is a lot higher than small numbers such as $160k specially when you consider the fact that there is only a limited amount of it available meaning unlike most other things including fiat and most of the altcoins bitcoin has a cap.
besides it seems like you have forgotten that less than 2 years ago people were saying $20k is too "expensive" and won't happen in 2017 but it did happen very easily.

I like Tuur Demeesters chart more. He nearly predicted 10k to the date years in advance....

https://twitter.com/tuurdemeester/status/545993119599460353

https://pbs.twimg.com/media/B5PB2WMIYAIkr6s.jpg

There's no limit on high bitcoin can reach in the future. But believing with such predictions today is something that everyone shouldn't do. How can we focus to pump bitcoin? focusing about pumping bitcoin? how can you we do that?

Predictions keep on coming and everyone is giving their idea on how much bitcoin will reach in the upcoming years. Focus on accumulating bitcoin so whatever the price would come up in the future, you are well prepared.

Its right. This chart is FA, which is usually underestimated by day traders.

However, I believe it might go up more than that, because if you take a closer look, you will notice the first cycle is narrower than the second, and as such, the range for the third cycle would be bigger than it is show in the chart (which is based only on previous history). For this reason, we reached $3000 earlier than October 2019.

it's difficult to predict the price of bitcoin. let alone for the next few years, one minute ahead we cannot predict for sure.
but all possibilities can still occur if there is bright hope. and surely everyone in the cryptocurrency world wants this to happen.

There will be more and more prediction about bitcoin price, and it will happen from this year and go on, but we don't know the truth. I think we should leave that as a prediction because no one will know what will happen in the future unless he has a time machine ;D

You can say that bitcoin price will go up to $160k in 2023, but still, we need to wait and patient. We cannot just expect the times to arrive but what we need from now on is collecting more bitcoin from many ways because if you don't use your time to save more bitcoin, you will not make a lot of money in the future if you believe bitcoin will increase so high.

But I believe that in a few years later, bitcoin will be too expensive to buy and only people who have large money can buy bitcoin, and it is hard to buy 1 bitcoin. So you can save that chart for your own purposes while you continue to save more bitcoin and then when the time comes, you can sell it at once.

Even there will be a halving in the year 2020 there is no assurance that it will peak the price of $160k. Most of us are waiting for the next few years where there are more possible that the price of bitcoin will rise. Let see if bitcoin will really hit the price of $160k in the year 2023.

That's just a prediction again and I wouldn't count on it. No one can reliably predict how Bitcoin's price will develop in the future. The whole crypto market is hard to estimate and it is even possible that we will never see a price of 160k$ at Bitcoin. I assume that Bitcoin can reach this price sometime, if and when that will be, nobody knows.  :)

The chart seems to be accurate with data. The growth trend leads to a good growth in future. Still, anyone can predict and we can not expect the same result. But, yes based on its growth strength among people, bitcoin will certainly have a splendid growth. Crypto currencies will be prior currency enhancing countries economy.

Predictions are going beyond the limit these days, I can't even imagine the value which is mentioned here in so quick time $160k? Wow... that's so huge. people say anything can happen in crypto currency but how come such speculation? I don't think it will reach that when compared to the current market situation.

No matter how good that graph is, how professional the analysis made, how properly backed it up, how accurate it is by looks of others etc. that will still remained as "prediction".

There are lots of predictions that being made last year about the possible outcome of bitcoin price throughout the year. Most of it are honestly properly backed it up meaning not just a simple prediction. But the result? The other way around.

It's good take those professional predictions as references but don't ever consider that as a main core of our future strategy. Im optimistic with the future of bitcoin but don't want to give numbers on where it should be several years by now. Im more focus of continous accumulation.

Lol and that's even conservative dude. One old man confidently wagered earing his own dick if btc don't hit 1m by 2020 lol. Everyone has his own speculative value so it's ok. The problem is if you believe and expect one of those speculations to be true and take it seriously.

How could anyone know ?
Bitcoin price being 160 thousand dollars in 4 years equals to about 40 times what it is today.

If people knew that bitcoin would be 40 times its current price in just 4 years believe me they would invest into bitcoin heavily and insanely, all of us would buy bitcoin like crazy, hell I would sell every single thing I own in my possession for dirt cheap just to get there, I would sell my bed and my wardrobe and my fridge and live like a peasant 2000 years ago just to get those money x40, yet we have no idea if it will happen or not, there is not a single chance to know that.

It doesn't mean it won't happen, it doesn't mean it will happen neither, it just means we don't know what will happen. Those kinds of future predictions are hard, we barely know what could happen a week from now.

If we take the pattern of the previous cycle as a example, we will have a 20x increase in relation to the previous ATH, which gives us something between 300k and 400k at the end of 2021. And if you think 20x is too much, I must point out that between 2011 and 2013, the price have risen 1200x, from one dollar to $1200 at the 2013 ATH.

And of course, the price will fall 90% again after 2021, going to 30k. This would probably give us a low of 160k by 2023. Thats why I think this chart is a bit off, it is only considering historical charts. The real curve is probably more pronounced to the upside.

One thing that I fear, is the persecution against hodlers, that might happen in this scenario. We will probably need citadels for hodlers.

I think it's too hard to happen, indeed many predict the price of bitcoin will continue to increase but by reaching 160k then the possibility will be difficult, for me high prices are like excessive expectations.

I don't think bitcoin will get to that amount by 2023 but am sure we are going to get to that amount and even more in years to come. The crypto market is a very volatile market, which you can make a prediction and begin to see a different thing maybe because of just a single FUD news, even expert can not tell you the price bitcoin will be by 2023 but can only give speculations which might either be true or false, time will tell.

Bitcoin can never attain that value of $160K even with approval by SEC ETF and Bakkt launch although there so much speculations and predictions flying around we have to also consider government regulations, bans and clampdowns on how its going to affect the price of bitcoin even the social media is not left out on how they had tarnished the image of bitcoin and painting it in a bad light all these will impedes the pump in the price of bitcoin.

This predictions seems bad. Specially the $160k in 2023.  But anything can happen really. There is no one that know the future.  We might have huge financial crisis at end of this year and people will sell crypto at any price just to save their asses.

Of course it can't be known. Nobody can tell the future. But I've been here since 2013 and I was betting on the 2017 bubble for good reason. And I'm betting on the next one too. The trend is your friend. As long as the trend continues, there's no reason to bet against it.

Fundamentally, we have every reason to believe the growth will continue. Bitcoin is gaining more users and becoming more entrenched in culture all the time. On this path of growth, and with such a scarce supply, price is bound to keep rising over the long term.

Predicting the exact number the bubble will top at is silly because it's unprecedented. You can't predict where supply will enter or when demand will dry up. $160K seem on the low side to me (based on past bubbles) but who knows?

It will not happen the price of $160,000 in 2023 why? It because possible for the bitcoin will not increase more than  50,000 dollars if that happen. And also for the bitcoin who are possible to die because it takes only few years bitcoin in the cryptoworld and I think even still there the bitcoin the value is very cheap and we have new bitcoin in that year for me only that I think I don't know what other people really  think about that.

What is wrong with that  many people will be happy especially long holder's of bitcoin if the goes to $160k in the near future because all user will be benefit on it. But of course  its hard buy of full bitcoin and the fees will higher. There's a good and also there's a thing that need to be considered.

Base on all the speculative anwers and predictions i gather in this forum,i guess $160k is nore enough reasonable than what the “Great” John McAfee says that in 2020 we will hit $1,000,000 bucks lol

But seriously,i believe that in 5 years time everything will change specially in bitcoin price because the adoption is surely be worldwide and many people will finally invested on us

A prediction of this style, is to attract many more investors in the market, which is something excellent, I really do not know how to get that number, but from 2014 to 2017 Bitcoin ended its accumulation period, so Bitcoin went up to 20k, represents a large amount of money, this year we are in the same phase of accumulation by 3.8K, it would be excellent to finish that accumulation period, wait for the upward trend ... so we could study the volume to determine how much it can go up. I am anxious to reach the 160k, the volume of money would be incredible, it would be a bomb and a total madness that the bitcoin world needs, I can not predict it, but I know that the phases of the market are being fulfilled, we just have to wait.

Well, I don't blame those that make such speculation as everyone is entitled to his opinion and I believe that is what are shown to the world.

Agreed, by the same time it is a must to get to the market situation. As of now a large level adoption from top firms operating globally will make a big change. People never had a thought that bitcoin will reach $20000, but it happened and now people expecting for $20000 and in this way $160k too is possible.

Anything is possible with bitcoin, It will be nice to see bitcoin hit such high levels as it will make a lot of the early adopters rich.Such will only be possible if bitcoin is used to support a 3 Trillion dollar economy. The downside is that it will create some extremely rich persons (richer than some countries) which may not be heathy for society.

There is no right or wrong, we can predict at any price we want because this market has the chance to hit that. I don’t want to expect for a more expensive bitcoin, I just want to have bitcoin at a cheaper price so hopefully I can still have more chance to own bitcoin. 2023 can be a great year for bitcoin, hopefully.

It's till a speculation mate which is no assurance whether it will be happen or not. But, being a positive in bitcoin is not quite bad instead its help ourselves to be more courage and avoid discouragment about blockchain industry. I hope, you will lget ucky by predicting the upcoming bullrun in the future.

Everybody can be right or wrong in their own self predictions. If the charts were accurate then most of us here would be doing research about how to understand and use it but sad to say it is not. The market trend depends if people or companies will put more money in the market, not by some charts based only.

I don’t agree with the chart predictions as bitcoins prices are determined by supply and demand not by charts. While I respect people opinions regarding bitcoins prices, some people tend to make exaggerated claims which even they know won’t happen like the op has made about the charts. Also we’re a long way from 2023 we should focus on current events, and hope bitcoins prices continue to rise upwards in 2019.

Everyone who knows and believe in the crypto currency will know that price will surely be growing and at present value it will grow many folds from here. Now will grow above 50k or 100k should be the first question.Will it be able to sustain such high values should be another .

everyone is free to argue about the predictions of bitcoin prices in the future, some of them are optimistic that the movement of Bitcoin prices can increase sharply in the future, but before a sharp price increase there is a possibility that the price of bitcoin could reach its lowest point because it has been proven in previous years, therefore we must be able to take advantage of market conditions to be able to add investment assets that we have

Most probably in 2026, lol. In theory though, there's no right or wrong in terms of making our prediction. But sometimes it's better if we think logically though. $120K is like 6x of our last all-time-high, so it is possible to reach that high in the next 4 years?

2023 is a long time in crypto time I guess is the most positive thing you could say in favour of this prediction but I will disagree and I say I think its unlikely by itself.   The only way I imagine this target occurring is with a far lower dollar value (DXY=50?) and lower usage of dollars for international trade.   Its likely true that if BTC took over even 1% of the trade performed in USD across the world then BTC will rise beyond imagination, just because theres far less supply available for usage so greater division of each unit and a higher price is likely then

Another way to look at it would be the giant support USD receives, the DXY or dollar index is the value of currencies it trades against or exchange rates but each of those parties seems motivated to continue keeping dollar where it is.   BTC does not have that support, its only going to gain support from great efficiency and ease of use imo as the users cannot be expected to be sophisticated in their normal usage

I'll repost the image for convenience -

https://i.imgur.com/BoRitlS.png

From the data that you provide, I see price movements when there is halving, the price will go up to be very expensive, maybe it's also because of the influence of bitcoin which is getting harder to get, making the price of bitcoin more expensive like this.

Mcafee and other bitcoin bulls told us that bitcoin will hit 1,000,000$ by 2021 so by 2023 it will go up even higher. But its only a prediction there is no proof that bitcoin could hit that price. Just wait for good the things that will happen.

There is notting wrong for bitcoin to do too well in future and if in 2023, bitcoin get to $164,000 or above I believe it is a welcome development and many of us that has been holding our coins will definitely benefit from it.

Such form of development will surely get the attention of people and are much awaiting for such a growth holding all the assets with patience. A massive adoption could help with a wild growth, which we experienced with the previous price pumping. Any form of growth and fall could happen we need to be ready to face it and get the best through the same.

Is that the prediction could be meaningless if there is no demonstrable technical or fundamental analysis, you may note that very soon many people will join the bitcoin market, maybe new miners, some enthusiasts will buy only by collection or fashion , some traders because it is what they always do, but at such a high price, taking into account that your ATH was $ 20k is broad! It is something very big.

I think 160k in 2023 is possible if not slightly before in 2022. It follows the trend of what’s happened in previous bear to bull market cycles. I certainly hope so any way.

Maybe is possible but that is so distant future. Why are people thinking so far in front when they should be more focused on current situation? Just dreaming about high price and exaggerated values will not bring you profit. Use the current situation and get the most out of it.

Completely agree with you on that one. The moment we corrected to $17k after the $20k all time high people started about the next bull run going to $40-$50k before the end of 2018.

That's why I'm glad that the crash from $6000 to $3000 made people wake up for once. Sure, there are still these so called dreamers, but you can't force them to turn into an ultra bear. It either happens or it doesn't.

That being said, even though the current price might seem low, it really isn't. I would say that anything between $3000-$4000 is an ok price to dollar cost average, not so much to go big/all in.

My 'all in' moment will be well under $2000 if it ever happens.

Speculations are crossing the limit these days, I can understand BTC has the capability within four years. But look at the recent market chart and predict accordingly, we are still in bear from the past few months. 160k is highly impossible within this quick time.

Most of the peoples are trying to create a positive rumours in future market. But reality it is impossible to predict the 2023 results, May be this growing faster in entire world surely Big jump will possible at anytime so keep active continuously in crypto trading Because supply and demand is important to increase the price manipulation.

I guess the alike numbers for BTC after 4 years. People need to stop listening to bitcoin experts. Experts always say to us to buy when prices are high and they come back in the bear market for teaching us how to sell same cryptos.

No one can predict whether the price of bitcoin will reach $ 160,000 in 2023 or not. We cannot predict that, prices can go up and down in large numbers, so predicting the next few years is very difficult. I'm sure all bitcoin users will definitely expect that because if that happens it will definitely be profitable, especially investors. I hope that is true in 2023.

Wow,prediction for 2023? But I feels it really too early just speculate and predict the price of 2019 and make the crypto currencies to step on 20120 first.

I really don't trust the prediction much because the prediction will varies based on how the price chart gets analysed so don't get your hopes to high.

it's too early to discuss this, after all, so far I've never believed in such predictions, no one can guess the market situation. My advice is never to trust this kind of thing.

I hate seeing those prediction in this forum. It is just stupid assumptions about the price with no clear indication of how will this uptrend going to happen. What I want to point out is that there are many variables that can reverse immediately the climate in the cryptocurrency market. An institutional investment that goes public will move the price up and vice versa.

I don't believe in predictions because basically nobody knows the future. I don't think too much, and I prefer to make a profit even a little in the short term.

It was not made for you to trust this predictions but to see it as a direction and probability of were the market is heading to. It is good for us to have positive predictions than negative one as it more in favor of bull run.

$160k?

You are dreaming very loudly, this is a great exaggeration, at the most in 2023 we will see the price from $ 50,000 to $ 60,000. More than that I do not believe we'll see. We have to be realistic if the price is still $ 3900 and we are in 2019 and without any good expectation of being a good year, not even next year we run the risk of ending the year as long as the price does not exceed $ 15000, as you Do you expect the price to reach $ 160,000 by 2023? this is impossible


and even then you predict that in 2023 the price will reach $ 160,000

When we were trading in the $200s in 2015, did you really think hitting $20K in 2017 was possible? With that attitude, I'm sure you didn't! :P

4 years is an eternity in crypto. Of course we could have another bubble by then. In fact I think we will.

Let's assume for a moment that $3,100 was the lowest bottom of this bear market. Then based on the 2017 bubble and the 2015 bottom, we should be talking about $400K, not $50K!

That amount is very high mate and its impossible to happen even we say on year 2025. Because market always experience a massive declined after the uptrend.  In my view even above of current ATH of bitcoin is impossible as well unless if whales let the growth rate surge more for new ATH.

Has this third bull run period calculated as a possible, or logical reciprocate of first two? I don't have enough knowledge of the market itself and its behavior but when I saw this chart on first sight it looks like some kind of  prophecy.
I don't pay to much attention on predictions. I would like to experience this possibility to happen, it would make my life easier, but I can not see bitcoin price that high at any point.

Anything is possible, when bitcoin was increasing in value I remember thinking that at best bitcoin could reach a price of 2000 and then we will see another huge crash, and then bitcoin grew to a value ten times bigger than my prediction, so while I see 160k in 2023 as unlikely we cannot really say that is not possible especially if some important developments happen in bitcoin during those years and the economy of the world crashes at the same time.

We didn't expect the price of bitcoin to hit $20000 at the beginning of 2017,so anything might surprise in the four years and for me it looks possible to hit $160K or even more if there is more than one bull run comes into play.But predictions are just predictions nothing more. :)

We couldn't predict the price of crypto,
But I think it is too high $160k per piece, But who knows it is still 4 years from now,
Back in 2013 nobody predicted that bitcoin would be $20k so let's just wait and see.

Bitcoin price prediction can only be much possible on a daily basis but to predict it in the long run, I don’t believe that any Technical analysis or fundamental analysis can really see the long time future of BTC.

Most traders has been successfully predicting BTC on a daily basis for the purpose of short term which shoes that it is actually possible to make a prediction but not for long term. For long term, the market itself will show us as time goes by, we just need to focus on trading for now while we wait to see what our long term investment has in store for us.

Agreed, by the days earlier to the price pumping towards $20k, everywhere the market speculations were focused on ₹7000-$10000. Even when some predict as $25k and all everyone looked it imaginary. As it reached it was a surprise as each and every cryptocurrency turned towards massive growth. In such a way similar growth could happen now too. Let's wait with patience as it is far away to the present year.

$160k prognosis is Aug 2023.
The graph has been off by only a few days so I would say that it is highly likely. And not impossible...

And $160k is the ATH not the stable price. After $160k it will most likely dump back to $20k-30k.

true or not, no one knows that. but we all still expect very high prices to occur. but, within 4 years, it is quite difficult to think about it, especially if there will be another FUD that will make people doubt. but we all expect high prices.

This predictions would bring much interest as it's far from the current value and with serious adoptions which is still ongoing, who knows what future will bring to this industry and how far the new high might be, we only can speculate and hope things will come accordingly.

If fate of this market will be positive, reaching such amount of value is still possible to achieve.

Jan 2013 Bitcoin was $10
Jan 2018 Bitcoin was $14000

That's 140000% increase.

If we bluntly interpolate that towards 2023, Bitcoin would be just under $20M.
So $160k is actually a very reasonable estimate for august 2023.

P.S. FUD has always been around Bitcoin

That is still a prediction, but I think it will be difficult for bitcoin to go for $ 160k in 2023, and I think the price will range from $ 10k - $ 15k.

If $160K was the next all time high then the price will surely get dumped after that due to bear trend because bull and bear market is the thing making the crypto to be profitable and interested among the investors.

It is an excellent point of view and, seeing the analysis of the image that is shown, it is not so far from reality. Although the predictions will always be just that, we must add that bitcoin is becoming increasingly popular all over the world, people are getting to know this technology that frames the coin, many executed and nascent projects, show the way to bitcoin.

If we take into account positive news, it is likely that its impact will occur in the long term, the graph that is shown, I interpret it more from a fundamental analysis than from a technical analysis, because most of the fundamental analysts can conclude with those results , considering the possible bearish scenarios, we can not rule them out, we are only in 2019, in 4 more years, it is likely that you have completed the accumulation phase and be prepared for Bitcoin to have new highs.

But you have to remember something very important, Malkiel Burton, author of the book "A random walk by Wall Streeth," he said, that the fundamental analysis falls, when events of a fundamental nature occur, for example: A war, would be sentencing the end of this prediction or projection, since it is a purely digital market and, in a war, it is very likely that faults will occur in the Internet service, Electric Fluid, among others, and the panic that would occur in the operators, which it would generate a general fall in the market.

In my opinion I think it is wrong prediction that bitcoin will become $160k in the year 2023. Take note we are in the year 2019 and the bitcoin still not recover and before we predict that price better for us to recover first the market before we proceed to the higher value for the bitcoin. But the highest value for me and possibility to happen is between $50k to $100k and afrer that it will down and they going to die.

We don't know if that number will be truely happen in the future or not. People are free to make a prediction, and even they can make a prediction and say that bitcoin in 2023 will be at $1,000,000. I will leave that prediction in my table because it still 4 years later from now and I don't want to think seriously because if the price can increase in that number in that year, so be it. Let us back to reality and enjoy the price now ;D

I think is wrong to say that bitcoin will have that price on time , but i think the price of bitcoin will be much more in 2023 that is now and will be over 50k$ , just my 2 cents.

I don't know, we still don't think far there. even now we don't know for certain that this bitcoin price increase will continue or vice versa. and certainly, we all hope that will happen in 2023.

We can't predict the price, but i think the price will be over 60,000$ for 1BTC on the year 2023 or maybe before and most people who will hold 1 bitcoin or less or more until that time will make a nice profit if but bitcoin now or before when price is where is.

I think $160k is maybe a bit high for the next bull run, but I would put that in the realm of possibility.

Personally I think the next bull run will peak in 2021 or at latest 2022. I think by that time 2023 bitcoin will be sitting back at the bottom of the market like around $30k or something, or perhaps it'll even be just starting the following bull run. I think the two main theories are the 4 year cycle and the ever increasing cycle. If the ever increasing cycle is correct then yea I could see 2023 and $160k peak happening. But if it sticks to a 4 year cycle and we see a peak by the end of 2021 I think it'll be more like $110k - $120k would be my best guess.

No one knows whether this is going to happen. If anybody knew, nobody would sell it at $5000. lol. 4 years is a long time, and it is impossible to analyze for 2023 for the system created 10 years ago.

Its a bit hard to believe however 1000 was seen as very high for a long time after the peak in 2013.    Then next thing we know it went way past then and even now its not close and with people somehow being gloomy about the price, long term its gained massive still.

In that context I guess more then 20k is possible.     Lets say 10x previous peak, that makes it 200k.    To me that seems silly and unlikely, but in proportion comparison I guess its not fair to dismiss it completetly.    Just regaining 20k would surprise me thats just how I feel but alot can happen in 4 years

ok wait let me get my crystal ball , znnnnnnnnnnnn . sorry my crystal ball says that we would be in a bear market in 2023, falling from 2021 ATH 70k and trying to find support at 20k.

This prediction to happen compared to the $160k in the year 2023. Maybe the highest will be $100k each bitcoin.
Once it reach we will earn more profit again and you will be worth it your waiting or being patient.
But still we do not know what is happen to the bitcoin.  But it's good to see $160k but we are expecting the possible to happen.

Hey you’re right when Bitcoins initially reached $1k everyone was happy about it, suddenly down the line it hits 20k and now people will only be happy again want they see those levels. I feel that we may achieve $8k in the short term, and $12 - $15k by the year end as we’re witnessing stability in bitcoins prices. Also I don’t think anyone can predict about 2023, but I’ll be happy to see bitcoins prices going upwards as usual.

Well, everybody can predict the price, even you can predict the price to hit $500,000 per bitcoin lol, but 2023 is a damn long journey to reach that, need 4 more years to reach that and anything can happen on crypto world. It's possible to hit your price prediction but over $100k per btc? It's kinda a bit over.

It is kind of prediction
But many traders see new ATH on 50k-55k
ETF is in play it can be approved that year .Together with halving we will go in to parabolic or even hyper parabolic movement
If we look today price 5200$ than 55K during halving time is very possible

I don't see anything wrong if bitcoin reach $160,000 before end of 2023 and we didn't even know if this is going to happen by next year when bitcoin is going to be halving by may next year.  It is important we see the possibility of bitcoin grew as it has happened before in other not to be left out on the next bull run.  We should expect good and be positive about this speculatives assets as what move them is good news and not how governments or group of people feel about it.  To invest we most be able to have great hopes that from now till 2023 we should expect more adoptions and uses of cryptocurrencies by the populace.

you can ask 100 people, you will get 100 different opinions. At the end of the day no one can tell you what exactly will happen in the future with bitcoin. for me, it would be great if we reach 160k or even 1 million ;)
time will tell. you only can pray for satoshi nakamoto 8)

Yeah. Who can say what's right or what' wrong in this market. By today's standards, 160k would be pretty absurd. But who knows. Perhaps next year or the year after we'll have a run that could match or even exceed the one we had ladt 2017. Things happen here without any real reason.

no one knows about that, and that is a very high target. I will only be very happy when I see this year's bitcoin price reaching $ 10k, or more. thinking of 2023 at a price of $ 160k, that was very difficult for me, moreover there was no information about it  ::)

Pray for Satoshi Nakamoto, there is nothing he can do again as regards the price value, he has already created the system and the system is already working, it is left for the users to control which direction he goes, there is no amount of money he can even pump in to create any pump that will make it reach all time high, the system is now independence and except he comes up with another idea again.

So, I guess it would be much better, pray for yourself and pray for every single investors out there to have money and also pray for their willingness to invest, pray for government policy and pray against whatever might crash the price , especially whales, not Nakamoto, you can also thank and bless Nakamoto when you see him.

Indeed, for bitcoin there is nothing that is impossible, this is proven when the beginning of bitcoin was created no one thought prices would reach US $ 20,000 in 2017. But this month in May 2019 the price of bitcoin is in the range of US $ 8,000, so as to reach US $ 160,000 in 2023 something was very difficult.
I predict the highest price of bitcoin in the next five years between US $ 20,000 and US $ 30,000. Even then, in my opinion, it is extraordinary, considering the increase in bitcoin is influenced by internal and external factors.

Iam sceptic which is unfortunate when it comes to BTC because it means underestimating what is possible.    The reasoning I would have for staying a sceptic despite the possibility of such a high target being feasible is that currently I do not think its possible.

160,000 per Bitcoin with all the possible issuance is too much, this gives a market cap that would encroach onto other areas of finance.  The only way its gaining that much is if a greater population occurs before 2023 and/or other finance assets lose their market share.
160k in dollars would happen if dollar went down in value, thats the only way I expect it.   I think this figure would mean 2.8 trillion for BTC global worth which is too much unless its doing alot more then now

There is not right or wrong when it comes to Bitcoin, everything is possible. Still this is so long term and the price is exaggerated so I wouldn't comment that partucular prediction. But there is no use of bothering with such numbers and what will or will not happen in distant future. You better focus on current situation.

Did you intend to choose long term invesment? If you do, I'll says yes. You can buy bitcoin now and hold for almost 4 years from now and don't take a decision to sell your bitcoin when 2023 hasn't come. Actually, there is no one will know what will happen next to bitcoin price, but I only see its price movement per yer or even if I take a conclusion I can compare how bitcoin in 2009 and this year. How much different price will you see? I guess a huge price that will you see. For this happened I only imagine the bitcoin price always up per years instead in 2017 but most of years its price always up. So, you aren't wrong if you intend to buy bitcoin now and hold for long term because most possibilities you will get profit from it although its price doesn't reach 160k.

Yes just got the confirmation.

Maybe his stupid question deserves such rude answer! You made me laugh, cause I was thinking what`s wrong with some people who ask such questions? Anyone who is sure about $160k in 2023 should sell the house and everything he owns and wait 2023, cash out like a millionaire and do what ever. Life is not simple like that, we are taking our chances and in some time we will see did we make a right or wrong decision. That`s risking, and we are all risking, explain that to people who just want to earn and make profit without losing anything, without risking.

Everything is possible what we should be asking ourselves is how likely it is that those things will occur? And it is easy to see that is not very likely what we saw during the end of 2017 was something incredible but we cannot expect that to happen that frequently, it will take years just so we can see that price ever again and to go even higher is going to take an even longer amount of time.

While I like to speculate with the price there is nothing worse than to dream with your eyes open, I will love to see those prices but in what I am concentrating right now is to be the best possible trader I can be.

Everything with bitcoin is completely unpredictable, and also the predicted value is really achievable. Reaching $20000 happened in a short, moving from a value around $5000 to $20k when people are speculating about the price to touch $10k. Price growth is expected to reach $100k within few years time. When entire sum of bitcoins were mined the market demand will increase and by that $160k is achievable.

No one really knows what would be the price of Bitcoin at that time since it is always unpredictable and it doesn't depend on something that you can easily think that would be the target price in the future. Since it is a live market and everything here is always changing in any minute and my thought also that Bitcoin goes on a different path instead of what you are expecting.

Well, it is all are confusing and unpredictable, and also in this chart bitcoin price in 2019 is very low. Now you could see it is not a right price mention of 2019, so may be it is not right chart prediction wise, and i think we should wait everything will be clear in front of us in future.

What I can see from the graph is that the parabolic upward trend is going to take longer in terms of period that the other previous two, and we should wait a little bit longer for reaching a new all time high.
Your price prediction of 160k seems impossible to me, but you never know where is can stops or what it is going to reach.

Its not wrong to speculate . Its okay of your predictions wont occur and its not also wrong if bitcoin's price will reach 160k usd 4 years from now  .  Let say that can happen , i think many bitcoin users will feel happy because bitcoin finally reach its new ath . Alot of us will now become millionaires and billionaires on that date but before we can achieve that dreams , we should first start hoarding more coins .

People free to speculate in here, will be good if a lot of people give their opinion and the others can pick which one is really can be good speculation/analysis that really almost right and make it as something that can guide them.