Bitcoin Forum

“That’s a big deal as you know, as anyone who’s a trend follower knows — when you’re back above your 200-day, you’re back in a bull market. Whenever Bitcoin breaks back into its 200-day, its average six-month gain is 197%.”

According to Yahoo Finance or Tom Lee predicts that Bitcoin could increase to almost 200% over the next six months, which is 27,000 $

https://i.imgur.com/83TbPnD.png

Also, we already hit recent highs around $9,450 in the month of January that could trigger bitcoin growth.

2+ years later and he's still making the same prediction. (https://www.ccn.com/bullish-call-fundstrats-lee-predicts-25000-bitcoin-price-by-year-end/) lame! ::)

we didn't range for 2+ years below $20k just to go up another $7k. once bitcoin breaks above the 2017 ATH, we're looking at exponential gains. the chart could go vertical like 2013 or 2017.

$27k + an order of magnitude sounds more like it. ;)

His popularity has grown eversince he made this story but to be honest. I wanted this to happened but based on the charts and support levels. I am indeed looking forward to this exponential gains breaking this $20k level but still too early I guess for a six month prediction?

I think for now we should trade actively and win every flip long and short rally on the market and join the ride. It's quite hard to expect from the man with same sentiment last few years.

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$18k level if this continue is much realiable if you compute it. Charts never lie but who knows.

I tend to agree with you on that, though I don't think exponential growth is usually a good thing in any market.  And look what happened after each of those episodes in 2013 and 2017--there were major crashes that followed, and bitcoin is still climbing back from the last one and isn't even halfway to its ATH from 2017. 

But whether I like that kind of growth or not, I do think Tom Lee's prediction might come true this year.  We're already seeing some bullish movement, and bitcoin is pushing $10k as we speak--and it wasn't too long ago that the price was a few thousand dollars less than that.  On the other hand, it also wasn't that long ago that bitcoin was at $10k.  It's only been about six months, in fact.  Anyway, let's hope for all the long-term holders that bitcoin doesn't start going exponential in the near future.  Slow and steady gains are the most sustainable.

We know that this prediction is already possible since bitcoin already has the potential and demand from the community. The market is slowly pumping its market price slowly, I think it is normal to have a lot of crashes as it is a part of growth and this could also lead to great short term investment in the market.
Tom lee has a lot of predictions even in 2019 which is over 20k$-40k$ which is I think possible at any time at this kind of market...I think the market could explode like what happened in the late 2017.



I think a lot of people also getting the hype of the growing market price of bitcoin surely as its continue to increases its price and numerous number of predictions and analysis come out. Most of the time this is just their own perspective maybe they just want to influence the market with these statements. But comparing to other predictions which are over a 100k$ I think this is more of a reasonable prediction  ;D

Not only Tom Lee many of the crypto experts are coming with different predictions, most of them know if Halving happens then surely BTC will pump at least 100% for sure or more. One thing I clearly understand is we have to hold BTC at least till May, I guess it will reach at least 16k well that's my prediction guys.

After the next 6 months it means that there is already halving, of course, more demand in the market will reach the price of $ 27,000 and will be easily achieved this year.
Bullrun has arrived a lot of coins which are increasing rapidly now even able to reach above 20% but bitcoin at this time still has not shown an increase like that only slowly but surely will rise.
I am very happy that experts think like this because they already know that now is a correct prediction.
At least bitcoin can approach ATH.

Anyone who knows who Tom Lee is also knows that this dude has been a bull caller for the past 3-4 years, just once he became very right when he made a wild prediction that bitcoin will go up towards $20k and it did happened, ever since that moment people care about what he has to say on bitcoins price and he gets these news.

Reality is he also predicted bitcoin going up multiple times in the past 3 years yet almost all of them failed, he was calling for $15k during $6.5k times of bitcoin that went on to $3.5k price, so not only he didn't know which price it would go up but he failed to predict the direction as well. At any given day, and I mean literally 365 days a year, ask Tom Lee what bitcoin will do and he will tell you it will go up, that is why do not trust him when he says these things, maybe he is right or maybe he is wrong but he will claim bull no matter when he is asked.

$27k easily achieved?
Thankful because experts thinks like this and having correct prediction?

Seems like this one is just a post that do only abide the positivity but not totally thinking deep inside.
Market is always been unpredictable and no technical would give out precise presumptions on where the price would go.

This prediction looks very perfect, 27K USD is very possible for Bitcoin in this year. In 2017, we expected 10K USD but the BTC price was hit 20K USD almost. So, if this time BTC price cross 20K USD, then 27-30K USD is very much possible! Bitcoin growth really amazing from the first month of 2020, let's hope something bigger which makes sense.

His price is okay and seems very realistic not withstanding that it is within six month.
Interestingly, many of us here believe that the price is possible within the few coming months, on May precisely because of Bitcoin halving. I do say the whole thing is becoming interesting compare to when we have slow months.
For me, I still see a price of 20k, that is, if truly there will be a price increase during the halving.

Tom Lee again? no way but $27k sounds good and real, honestly. I guess he's trying to become safer this time with his price call outs.
I'd like to hear the thoughts of Charlie Lee and he is better than him. He can give us the signal if we're on the actual bull run or we're heading already to the bear market.

bitcoin also recovered impressively from each crash. no harm done---except to weak hands. ;)

there's no point viewing bubbles as fundamentally good or bad. if bitcoin is to become mass adopted, the bubbles are inevitable because 1. the adoption question is super speculative (people try to buy up the supply before mass adoption happens) and 2. bitcoins are extremely scarce.

that's the perfect recipe for these exaggerated boom/bust cycles. we might as well just enjoy the ride......and profit from it!

I'll drink to that! If we break 20k it's not going to stop at 25 or 27. Historically Bitcoin always went exponential after breaking ATH so we should at least expect it to double after 25k. Bad thing is that it's going to start another bubble that will surely deflate again back to 10k after reaching the target and could push us into a 3 year long bear market (because the cycles are getting longer). That said, who wouldn't want to see 50k, even for a day? :)

$27k can be the next highest bitcoin price in the next bull run, but everything can happen. I wouldn't think much about how high bitcoin price will be in the future because if I see bitcoin price can reach that price, I am sure that I will sell some of my bitcoin at that price, and I am sure that all people will do the same thing as me.

Tom Lee can make any price for his prediction, but he never knows how much bitcoin price can increase, so we should be waiting for what will happen with bitcoin price. Besides that, we can prepare to save more bitcoin from now on, so when the bitcoin price can reach that price, we are ready to sell at that price too. I don't think that it will be easy for bitcoin to achieve that number because we are still less than $10k and bitcoin price still trying to break more than $10k, $15k, and then $20k. That will need time before the price can hit that price.

Touch $27K would quite difficult for bitcoin but not impossible. If you see current market trends even bitcoin failed to break $10K zone. I have doubts that bitcoin won't break ATH on this year what we have seen 2017. Big investors of bitcoin has not back still now. Likely some small investors popping up recently and that's why we are encountering small bull, but today seems little pullback. However, we have seen lots of similar predictions before and thats become wrong. So likely $27K predictions would wrong as well. But I am repeating again, everything is possible in crypto-currency so don't lose your hope and patience.

Or maybe big bitcoin investors have accumulated already, they are smart, btw, so I don't think this miss the opportunity to fatten their bitcoin wallet in 2018-2019. But what we need, if we are going to touch another all time high this year of the next coming years is fresh blood to pump the market, or FOMO.

We have seen this happens in the past, although some got burned in 2018, but I think there will comes a time again wherein we can't really stop the FOMO, and so another set of irrational buyers are going to come in the cryptospace and push the price again.

Nothing to weird about the prediction. It isn't in the level of pessimism or optimism, but rather just a prediction that Bitcoin is fully capable of achieving, that is, under certain circumstances. I believe most of us know that Bitcoin could reach such levels, just that such continuous runs of BTC is probably bound to stop a few months later, and reaching $27k by then seems close to impossible. A year, maybe, it has a pretty good chance.

BTC hasn't experienced any big hits so far this year, and I'm honestly expecting one sooner or later since BTC just drops a bit then pushes ahead continuously. Just like now, we started the year at around $7k and now we're already standing close to $10k, just $200 less. If FOMO somehow becomes unstoppable though, everything I just said comes to null, and the market would probably move vertically for a few months.

when the market experiences a bull trend, speculators will speculate, like Lee, $ 27k is a high number, it's the same as Bitcoin going to the moon, but is the sign already visible ?, not yet !, $ 27k will be very difficult to achieve if $ 19000 resistance has not been reached , the current price is still under $ 10k, don't impose too much if you want to invest

With the upcoming event, most of the analysts at this time are optimistic when it regards to Bitcoin and this analyst is one that is predicting a high price when it comes to Bitcoin.

I'm done with negating his prediction anymore. Lemme try to support it at this time. There is a possibility that this can happen either this year or next year base on the movements of Bitcoin this past month. A bit of exaggeration with his part but he is known because of his optimism with Bitcoin and he also predicted a price many years ago but didn't come close to it. Well, if it happens or not is ok for me. I'm always ready with whatever situation that may happen :).

Agree to that, surely these statements are also just their opinion in the bitcoin market price and surely it is not surely going to happen in the future. But for sure these positive statements from popular people in the news could influence a lot of investors and people in the community to invest in bitcoin or use bitcoin that could make this prediction possible in the future, so this statement is not just negative if it doesn't happen but also give a positive image to a lot of people in the bitcoin community.

There are many predictions on how much the bitcoin will be this year, one pf those is I have read to an article that , halving is really coming , it is happening in every four years I dont know if it is true about this 4yrs thing but one thing that I believe and know that is true is , when halving takes place expect for the bitcoin to go higher I think it is more probable to range that in $10000-$15000.

This will happen in my opinion only in 2022 maybe but not his year. Is hard to have so much grow now because also bitcoin total supply is higher and to have that price we need much money on it

Well, I don't know about Tom Lee, the idiot's been spewing all kinds of rubbish and I actually was hoping we'd see guys like him stop it (because as long as they kept pushing out their numbers, the market would prove them otherwise). Funny to see his numbers so low now though, comparative to 2018/19.

BTW, 200MA is definitely on my radar, and on a few others too. I'm just really surprised it's staying above it for such a long time (relative) and at such volume.

Sometimes I dont know what to do with those predictions, they are usually staggered throughout the year both in bear and bull market, If it is Tom lee is someone else and they get to the papers. Tom lee made his prediction last year that failed but I feel it is a strategy in crypto, they are voices in crypto and every of their utterances are heard everytime to keep the motivation. Some think the unimaginable will happen after halving when miners cant have what they used to have, Then we will realize how cheap bitcoin is for miners then the need to put the right price.

A lot of analyst are now being positive about the future of Bitcoin because of the movement in its price which is increasing rapidly from the start of the year 2020 , and I could say that, me too, is quite hopeful for it. As the value of Bitcoin continue to increase, a lot of people like me would obviously believe that it could gain a new record this year especially when we all know that the halving event is coming which in fact, would be a catalyst to what we expect in the future of Bitcoin. Bitcoin has a lot of potential to be a high value asset as its supply is limited and is gradually decreasing over time. Surely, it would be worth the wait.