Bitcoin Forum

Crypto Analyst Peter Brandt came onto to BitcoinLive with his latest prediction. He claims that BTC price could reach it’s all-time high i.e. $100,000 or above.

Take a look here: https://coinpedia.org/news/crypto-analyst-peter-brandt-btc-will-reach-100000/

Let me know your point of view on this?

https://twitter.com/PeterLBrandt/status/1203481812128948224

I really don't understand why he need subscription charge. Lol.

As much as we respect these so called experts here, still all we can do is wait for the next block halving next year and have more patience. The price will eventually go on a next bullish cycle, no need to cop out money just to be able to see Peter's prediction, just saying.

I rarely believe in cycles, he talked about Bitcoin narratives in that article but didn’t mention what,
All products and services are about the use cases, if the use cases support a long term view and the demand is growing,
then the price will up long term, cycles seem to me are easily broken without such market support

If you have something that does not inflate, and there will never be more of this thing and it cannot be stolen and isn't a niche item like a baseball card that only some people value, and if that thing is a currency you can spend, then Yes, It is right to believe that Bitcoin could reach $100,000 or even more. in my opinion Bitcoin will rise in value forever compared to fiat dollars and will rise forever in relation to all human work effort value for all time. It's beautiful to watch fiat currencies against BTC. It's definitely starting to punch a hole through a certain ceiling.

Many analysts predict that, if it is grounded and in how many years it will reach this value, but it is impossible to know exactly how long. Take that as a good sign for Bitcoin.

Nobody knows. If you are here during early days of bitcoin while it's price is less than a buck. A 1000$ per bitcoin price is called a dream by some random user here. And see what is the price right now.
Considering that still only small percentage of the population the world are using Bitcoin, There is a chance to hit more than the all time high price. The main question is only when but not actually
impossible in my opinion.

I've been reading his prediction and proven to myself that he's really a bitcoin bull but others bull that I've read doesn't have that kind of opinion and sees bitcoin to become a history.

I also don't understand why he's into this kind of sharing information but requires subscriptions. I have no idea that he's doing this.

Just another wild educated guess,  :)

On Sept 21,

https://i.ibb.co/h9BYT9s/Screen-Shot-2019-12-09-at-7-48-51-PM.png (https://ibb.co/vq3XMq1)

https://twitter.com/PeterLBrandt/status/1175453445895143424

Together with John McAfee, Peter is one of those who predicted that BTC will go to $1 million so it's your call if you're going to believed him or not.  ;D

Bitcoin holder believe that bitcoin will reach 100k$. But need time. Maybe 2025 or 2030 bitcoin will reach 100k$. But thinking that bitcoin will reach 100k$ in 2020or 2021 looks like dream. Because last 2years bitcoin trying to recovery after dump.So i don’t hope that btc will reach 100k$ within 1 or 2years.             

Uhm but when?? I also hope it would happen in the future but I don't believe much because I don't want to expect a lot with no assurance. Though same with others, what's with the an offer I saw?? That's why I don't really trust Bitcoin predictions of others because they're making money with that where I could just predict on my own.

I'm getting tired of this price prediction BS.Those "analysts" share their opinion only with their own benefit in mind.Why can't we just stop spreading this price prediction non-sense and focus on more important topics regarding the future of bitcoin.

There were many such predictions towards the end of 2017 that bitcoin's next stop will be 50,000 USD or 100,000 USD in 2018 but nothing such happened. In 2019, we saw Bitcoin falling below 4000 USD. I won't be impressed with this price prediction as its too supernatural. Bitcoin will go up, all we need is HODL.

I say BTC will reach 1 Million $ but it isn't gonna happen just with hear say. For BTC to succeed the traditional economic systems must fail. In short there must be a big recession in the markets which would lead to collapse of big banks and only then people would realize that maybe BTC can be a better alternative to all this. Once this happens there is absolutely no stop at which BTC would stop because the demand would be boosted exponentially and after the consecutive halvings supply is going to be diminished even further. So what he is saying might be correct but don't ever make your investment decisions based on this.

Well obviously it's to make him money, and it's what a lot of big investment firms do--or used to do, anyway, charge for a newsletter giving predictions on stocks and other investments.  I'd say it's an outdated model, but whatever.

Look, it doesn't take much brain power to make a prediction, especially a bitcoin prediction and especially a prediction about a really, really high price.  Lots of knuckleheads do it and they don't even need to charge people for a subscription.  I think they mostly do it to keep their own names in conversation, to keep themselves relevant.

Still, I have a feeling that bitcoin will eventually get to $100k.  The only thing I'm less certain of is whether that's going to be in my lifetime.  I'm hoping so, but bitcoin's got a hell of a long way to go before it hits that mark.

I never knew anybody has the balls to call such a high price lol. Everybody has his/her own tick when it comes to that, all we got to do is to stay patience and hold but to be honest we are definitely not hitting this price even in the next 4 years lol. The highest i can ever think off is at $40K or slightly lower than that not forgetting that any of this can only come true after bitcoin halving next year. It seems the rise of BTC now depends on this halving ;D

I've been a victim of these prophets  where many say bitcoin will increase by this date, this year.

And I don't believe them anymore because it gives me more losses.

I believe in my own study, and I believe that the price of bitcoin will rise as I see acceptance, both government and people! Awareness, and of course Adoption.

Exactly. Anyone can predict numbers (actually can predict anything; the rule is the same with or without a relationship with Bitcoin price), but few are giving a time frame for it and most probably even fewer will be right (if any). And without a time frame those predictions are worthless.
Of course, the predictions are free publicity for those who make the prediction and their businesses.

Such exaggerated predictions do not actually need some balls. Everybody is doing that. You are also doing that with your $40,000 prediction. This forum is free; the world of social media is a free world as well. Everybody speaks their mind regardless of whether or not they really a have a sound basis in doing so. McAfee tried to show how to do it with some balls though. Well, he ended up more of a nuisance with that.


Far from it. Halving has slowly become a non-issue in terms of BTC price movement.

To me, his predictions are just as references as other experts' predictions. I would not believe that BTC predictions could reach hundreds of thousands of dollars as long as the btc price has not broken the highest level it has ever achieved.

Anyone can predict the price of bitcoin and even i can predict that the price of bitcoin will cross half a million dollars, i have read the prediction but i did not see any time duration when it will cross those valuation and so is the reason i said even i can predict the price of bitcoin as everyone who invested in bitcoin does hope that the price of bitcoin could reach those valuation in the future  :P.

As a matter of fact, this thread should be moved to speculation sub-section of the forum.

Several predictions have happened and while I don't have any concerns with them because people are meant to express their freedom but my concern about them is that they always fail to give a framework and paths on how the price will reach that point and until that, its nothing other mere wishful thinking and should not even be taken seriously by any intuitive mind in the crypto market.

Peter Brandt is one of the authorities in the world of trading that I have huge respect for. Some time ago hr said that Bitcoin has equal chances to go to 0 or 100k. Glad that he expanded his view on this.

It was always a debate in the past year but I think bitcoin really have the potential to reach this kind of market price n the future since the technology of bitcoin was unique and very futuristic,
I think bitcoin will be used in a lot of countries in the market and if completely implemented in a lot of the country the bitcoin community surely is going to get bigger resulting for the market price to reach this price.

Even we are going to see this price it won't be any time soon, this will definitely take some time before btc can reach this amount that is being predicted, no one should expect to see this high price any time soon,  all that is required is time and patient.