Bitcoin Forum

I went through a lot of articles where analyst are coming with different speculations according to their research, but these people don't even speak when it goes to bear. Here we go a new article which predicts BTC will surge to 100k with 23month which might be at the end of 2021. Guys kindly share your thoughts along with this article.
https://www.google.com/amp/s/www.newsbtc.com/2020/02/10/bitcoin-hit-100k-23-months-btc-halving-prediction/amp/

100k is not extreme enough anymore, so we will see either $500K or $800 as a low. These predictions are accurate*, so please watch for exciting updates.

95% of the price speculation you see out there is pure guesses which means there is no "research" or analysis. calling these people "analyst" is not even correct. take Tom Lee for example, all through 2018 he was saying price is going up to a new ATH even though bitcoin was clearly in a bear market at the time.

my point about guesses. additionally usually these people have some personal agenda that is only satisfied if the market is moving in a certain direction and when it changes direction they have no reason to continue talking.

10x rise in 2 years is not really that big a deal. as a comparison: from 2015 to 2017 (2 years) price went up >100x ($150 to $19900)

How much will it be per article?  ;)

I don't really understand why people keep on creating new prediction even though it was already said.
One more thing, why do they create it only once the hype is happening? Why not after a big dump?
Are they that saddened about the price dip and they want to just emote in their rooms or is it just that nobody would want to read it?  ;D

It's their tactic, they don't want to speak out if the market is not looking good so that they will be free from false predictions. But if bitcoin shows that he's the king of cryptocurrencies, they'll start to voice out their opinions and predictions with huge prices in the near future.
That's them and it will only annoy you if you keep listening to them, it's good to listen to realistic predictions with informative analysis but if they are only giving prices in the future, ignore them.

Of course, most of them are perma-bulls, so it's pretty obvious that they won't speak when we are in the bear market.


But just be cautious though, yes we all like to see the price hitting 6 digits, who wouldn't? But what we wanted to see is a organic build up of price. Not manipulation from bad actors behind. There should be fresh blood to pump again slowly so that we won't get into another bubble right away after the block halving.

There are more bullish speculators than the bearish ones. These speculators will comeout after the price subsides from reaching new heights or breaking the resistance level. Their speculations doesn't even mean anything, they just want to influence the market sentiments for their own gains.
So, I guess checking the community's sentiments is far more effective than most of those speculators.

very exciting read mate and seems like there is a good prediction on this one,but also i don't want to expect much because i am ready to what will market gives either 2 years or more than as long as i will not needing my money in emergencies .
wow is that for real?what about time frame?is there specific or also 23 months?i cant wait to see the reaction of those anti bitcoin and Fudders if they witnessed this extreme price of bitcoin.

I think no one wants to talk about a price prediction with regards to dipping that's why most professional speculated that bitcoin could reach more than what we are just assume to be its price.

Would you believe those speculators? Rather than seeing the market movement in your own eyes? I think that's more convincing than just a silly guess. Many people are just purely making a speculation for other's to get hyped with the current price. You know with yourself that this is just a shill to boost its price but its better to see than to believe those words.

The thing is bitcoin price has no limit, we only limit it based on our imagination but it could actually pump higher than our expectation
I don't like to think of 2021 yet, I like to enjoy what is happening this year so far and I feel so bullish about it, what I only believe is that we will be able to see a new ATH if the bull run occurs this year and price after that, I can't imagine how much it would reach, for sure there's a FOMO.

it is natural that the predictions and speculations that exist today are so optimistic about the rising price of bitcoin that is becoming higher. the increase in the price of bitcoin in January 2020 has really had an effect to date. That is because halving will occur in May, it reminds us of price increases in 2017, so people are again speculating about the very high price of bitcoin. I honestly also feel that the price of bitcoin can exceed the price of $ 13,000 achieved in 2019 before halving this year.

Thinking that Bitcoin will reach to $100k is purely just an imagination IMO. From $1 - $20k, then $20k -$100k...

That person who says that it just really optimistic and I don't see any market realization that brought Bitcoin flew like that. In fact, we are in the hard reach for $20k or even just for $15k. How much more for $100k, it is really out from reality and I don't want to make people expect for that coz it only gives disappointment. And to be honest, I will not risk my money if ever the price will reach that amount and it looks like nobody else could have to take that also.

I can totally understand 100k, that is still a big increase in the current price, it requires the price to go 10x higher and that is unlikely, I could understand why it won't happen and why it is very difficult.

However, if we were to just focus on why it could go that high, I can honestly say that as soon as the difficulty goes up and halving happens, miners will not have money to sell that much, whatever they have at the side that they saved for these situations will be depleting to fight with the opponents (other miners) so that they could even make a loss and still continue with the saved money, but one day everyone will have to realize that can't be sustained and the average will start to go up in order to cover that. Which means may of this year could be not so different but in 2021 the price will start to show itself.

Come on $100k is nothing.  I am 99% sure we will see $100k+ in next 2 years.  I am not saying that will be bottom or $100k will be price for most of the time in next two years, but price will peak over $100k for almost totally sure. Bitcoin is so volatile that this simply have to happen.

I didnt read up the article but i would like to say about these permabulls.If youve been on this market for a while then you wont really be surprised to those numbers
which you can even see 1M/btc prediction which is ridiculous to consider.So bear with it if anytime you do see these kind of speculations and telling my own views?
Who knows? No one can precisely predict on what would happen ahead.Popular or just an average trader/joe would able to say his own prediction on btc price.
The important thing here is that you shouldnt let yourself to get Fomo'ed.

Speculation and prediction themselves are guesses.  So don't take those predictions seriously. 

As of the record, there are far more missed guesses than the right one.  Even the one so popular prediction posted in this article https://cryptopotato.com/the-analyst-who-predicted-bitcoins-bottom-current-price-says-16k-in-october/ missed its mark.

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Bitcoin may or may not reach $100k  on the given date stated in the article, I think these people are taking their chance to be known by citing predictions that will favor the sentiment of the people and get monetized.  This is all hype at its current state. 

These days we have a rich history of silliness to draw on in terms of predictions. The start of 2014 attracted some particularly fruity ones.

https://www.coindesk.com/bitcoin-predictions-2014-pundits-fared

At the start of 2017 I don't remember anyone making a 20 grand call.

My prediction is - MUCH higher than commonly expected or PATHETICALLY lower than expected.

There isn't really anything wrong with how they predict things. It's called a prediction because it has a very large margin of error. If they were to describe it as an analysis and a hypothesis, there'd probably be a lot of wrongs about the article, but it isn't really shown as that. There's also the fact that they may just be doing this to get attention, or something similar.

Sides we all see this every now and then. Whenever BTC is in a good mood and it shows quite a good run, people start being positive and predictions made are way above the current market which seems quite impossible to reach. Then when BTC has a bad run, predictions about it turning useless, price going below a dollar and the like start popping up. It's the usual cycle tbh.

I did! :D Although not publicly, I did predict it's going to be $20k an year before it hit ATH, but that might've been just a little bit of luck. If I was to predict again, I'd say somewhere around $40-50k is the next ATH Bitcoin will hit.

Although it's had an extremely volatile past, I think passing a very high Bitcoin price would actually do some damage. We're supposedly going against the inflation, but the rate Bitcoin's growing at (price-wise) through the inflation is on a way larger scale and if it ever hits hundreds of thousands, a lot of wealth will be basically coming out of nowhere.

And knowing how large the wallets of whales are, we're talking about big money if BTC will grow more than we expect it to. I'm not sure if a "good price" could even be calculated though, because there are so many factors to take into consideration... inflation, Bitcoin halving, max supply, number of investors etc..

Accurate?? In what part??  ;D ;D. Made me laugh for a bit with that word :D hahaha.

There are no accurate predictions right now already. Those so called "analysts" who are predicting right now are just predicting out of thin air. No analysis, no data that can proof that it will happen, no anything. Exciting updates?? I don't need that, I just wait for whatever happen to Bitcoin and be ready to it.

100k is possible within the end of 2021 but the chances of it will determine after the halving. If the price of Bitcoin surge after halving then this is possible however, if the price of Bitcoin made a huge correction after the halving then this will not happen.

Predicting it exactly to be $100k USD or will be near that mark is just a wild guess, I don't know if they are confirming it to be sync with the previous movement or the recent All-time high that it landed but I tend to think that most analysis or proclaim research are just wild guesses and there is no optimal point at all, Or sometimes they want that kind of price to reach for Bitcoin, or they just want the people to hype more giving positive output to certain individuals, in my opinion with the current movement of the price it is just taking the path where there are just many buying to the impending hype of the halving, This is my guess and not a credited analysis or what so ever and I think most people here are just doing the exact thing. 

Extremes do not exist in bitcoin, what people call extreme is not really anything special for bitcoin at all. Think about a currency that started the year at 700 dollars, ended at 20 thousand, the next year reaches to 3 thousand and following year peaks at $14k, that is bitcoin.

No other investment in the world could go up and down that much constantly, its not only going up or down but it does that in a cylce constantly all the time. That is why I still think that bitcoin is not as stable as people think and the "extremes" of bitcoin is something quite normal for all of us, we are basically used to bitcoin doing these kinds of moves. Of course we wish that it was a bit more stable but $100k is literally what could happen in 2020 and nobody would question how it happened.

I cannot agree with that article as it is only putting too much hype, yes the users and investors of crypto currencies are continuing to grow but 100k bitcoin price is too soon to obtain.

This coming bull run, there is a big chance that we can hit a new ATH record of bitcoin but it will not hit to 100k. The maximum that I can predict base on the movement of bitcoin price is only 40-50k, 100k price will likely to happen in the 2nd or third bull run.

We just really cannot blame those who think that this thing won't happen, the market price of $100,000 is far from its market value at the moment and as well as from the highest market price reached by Bitcoin on the previous bull run. Given that the market situation at this moment is not that active going upwards, hoping for something, which can be only achieved if ever the market will have a consistent uprise, but is not.
just look back on how huge was the expectation of the investors to the market price of Bitcoin when a bullrun occured. The problem is that, people are getting carried away by the situation which gives them absurd assumptions. I believe that the price would be higher in the future but as high as that, at this moment, is just blurry.

$100k or up from the expected prices, I could say it is possible. Surely, after the halving event would occur, the supply of Bitcoin would decrease massively causing a possible surge in the demand of Bitcoin in the future as well as in its price. As the current standing of Bitcoin in the present where it falls down to $9.9k, I could say that it won't be long till it reach its new high record again this month. I am expecting an increase in the price of Bitcoin due to the bearish event that occurred.

it would be great if the price of bitcoin exceeds the limit, even more so the ATH. however, until now, I did not want to expect so high, even more so expect a price of $ 100k. it's just that, until now, I'm sure the price of bitcoin has become higher. ATH bitcoin is $ 20k, so I think if the development of the price of bitcoin could reach the price of $ 18k at the end of the year, then in 2021, bitcoin might exceed its limits.