Bitcoin Forum

Hi;

I created a new channel recently and wanted to share my 6th produced video exploring us reaching $100k in 2021, which is almost a certainty within the next 2-3 years.

New to Youtube but excited to produce useful content.  Please have a look, and if you find it helpful, would appreciate your support by subscribing and liking the video.

You can see it here - https://youtu.be/-7JKxJDnEMI

Topics for videos include in-depth project reviews, market updates and news, beginner-friendly videos and interviews.

Here's an example of a project review video - https://youtu.be/SMIt77kTpqc

Here's an example of a beginner-friendly video - https://youtu.be/0P4PMzFoM0A

Hope you enjoy the videos and thank you for your support. If anyone has any suggestions please let me know.

Thanks,
Ali

How sure as you of us reaching $100K exactly in 2021? You need to understand that its easy for BTC to go from $10K to $20K but to go from $20K to $100K it will take billions of dollars that needs to be poured into this market.

As much as I want BTC to succeed in the future. It seems there are too many speculators out there who are extremely greedy and basically not only want $20K they want like $50K or $100K. If BTC breaks $16K, where do you think it will go next? I predict maybe top at $19K because everybody is expecting $20K+ bitcoin. But who knows, maybe you are right and we might hit $100K however at those numbers, imagine if the Vinkovoss twins start to sell, who will absorb all that sell pressure. It just doesn't seem possible really.

Watching the video, the OP is not saying literally that Bitcoin will/should reach by $100,000 in 2021. OP just shows his own analysis and share it. He also made it a user-friendly video by providing the exact time on the video of his pointers.

Although I didn't watch the whole video, I found the video will be hard to understand for newbies but should be a good reference. But there's a beginner-friendly video too as stated in the OP but I didn't watch it yet.

But to answer directly the subject, reaching a $100,000 price is too much to expect in 2021.

pretty good analysis, I've also seen your video on YouTube, but the chart might be wrong,
because there is support and resistance, and the direction of the market in cryptocurrencies is also difficult to predict,
in my opinion also the bitcoin price could be up to $ 100k but it will there are resistances that must be crossed first,
as long as important support is not broken then Bitcoin will still continue its trend.

Thank you for that summary.

This isn't different from those analysis that say that bitcoin is likely to reach $100,000. Many are calling that price for 2021, personally I believe that 2021 is going to be a better year than we have this year.

But I'm still half-hearted for $100,000 although I want that price to see.

Same here, if we are going to give a good estimates, probably double the last all time high of $20k, we can simply deduce around $40k, but that is the top.

So I don't know if we can really reach $100k in 2021, of course, it is possible, but I will be leaning towards a prediction that is doable so that we won't be expecting too much on the possible bull run price next year.

Unless there will be more companies like Grayscale putting their reserves to bitcoin, or institutional and wall street billionaires by the hundreds suddenly investing a percentage of their wealth to bitcoin as a hedge to the current economic pressures or more willing to diversify their portfolio.

The goal of this topic is to market the channel, using hot headlines such as the price reaching 100 thousand and other analyzes that appeal to beginners because it means quick profit without effort.
There is no person competent in the analysis who can give a statement with certainty for a one-year rate, especially for a small market such as bitcoin market, and for a long time with all the changes that take place in the world.

The price will be in a price range, but no one knows in which price ranges it will be, but the best numbers are above the $ 20,000 levels.

Support and resistance are easy to draw, you just have to figure out which angle you want (and then you move the timeframes in and out to get the desired angles).

Not that I'm saying you can make anything you want up, but you actually literally can.

Just how strongly you can back it up with actual TA, is the difference.

$100k, the most optimistic result, not impossible but the immediate concern is 20k and keeping that support imo.

I remember,when people were making insane predictions about a 500K USD Bitcoin price back in December 2017.I guess it's time for the die hard bulls to come out of the shadows with some crazy price predictions.
I'm not one of the believers that Bitcoin price will go up to the moon.I think that 2021 will be a bearish or stagnant market for Bitcoin.I might be wrong,but it's better to be a cautious pessimist rather than a naive optimist.

Those are just a hype prediction before and now its coming back because bitcoin price continues to increase as expected, now many prediction are coming in and its crazy how they predicted the price of bitcoin, well I’m also not liking it but who knows, Bitcoin is indeed unpredictable after all. If OP believes on this one then so be it, I also think 2021 is just a recovery year and not a year to go to the moon maybe.

Sometimes you can show the particular analyzes, but I think there is more explanation for you to say that it will reach $ 100k, there are many technical things that not everything is understood, it would be good if you emphasized the analysis so that the fundamental analysts can give criticism more constructive.

The high of $100k by 2021 (that is a year to this time) is really a big price to reach and I don't think such price can be achieved because of the time. The expectation of hodlers is high but the thread is putting high point for the next year, a very short time but is still speculation.

Appreciate all of your input and perspectives, and your taking the time to watch it.  Couple things would like to add.

I made clear in the video, it's an outcome I find likely, never say it's certain, of course it's not :).  Do say we will reach $100k in the next 2-3 years with *near certainty.

I am definitely not creating this video to market the channel.  It's just another type of video sharing my genuine perspective.  The models are not mine.  Have enjoyed creating the project review videos most will say.

Would be curious to hear what would help you watch the full video?

Thanks.

For what its worth 100k is certainly possible but would be transformative, I dont think any such escalation happens in isolation but in combination with rather large changes in the world such as alterations to the global reserve system based around dollar and so on.   If the dollar index dropped 20% for example that might explain such a target and we'd only realise retrospectively.

If we're talking 100k then its a macro view we are discussing which I prefer to take the longer term view and the bars on a chart of at least daily to weekly or higher time frames because its always more accurate then trying to guess pricing around hourly bars like a game of hop skotch.

I'll look into the video for perspective but another macro view I was just looking at that tracks back to 2017 action and tries to draw accuracy by price action guidance over years, the conclusion there is bullish but with a possible pullback to 13k.   The 13k is the test for the higher action as I understand it, the rough guide is Fib levels of which 16k is .786 and the low is taken at the xmas of about 2 years ago which I agree was very low sentiment and a good anchor for predicting price potential.     I'll post chart anyhow:

https://talkimg.com/images/2023/06/12/AcEFa.png

If you insist this, you will probably become the next John McAfee with unrealistic prediction of the price, I have based my prediction on how the market react for the past three years, it will take the next halving for us to have a big pump this current production of Bitcoin is good for $50 k at the highest, the adoption is good so far, but there's always a market volatility that we must not overlook, the price could go down even without a hint.

Appreciate the in-depth response.  Would agree that reaching, and maintaining $100k+ in the long-term would at least start to coincide with significant macro-economic impact.  That's the central point anyway, to hedge.

Simply touching $100k at some point, let's say for example, reaching it as an over-shoot in the next cycle, is very likely and I think requires less upheaval that we're implying otherwise.  That cycle top taking place in 2021 seems hasty, but models that I agree with are showing strong correlations, suggesting it likely ie. S2F.  Of course, that doesn't provide any certainty, but it does seem like likely.

Either way, 2-3 years is almost certain at this point.  Leaving aside the central macro view that BTC serves as the ultimate hedge against the gradual collapse of a fiat system.  The store of wealth narrative alone is growing increasingly significant. 

Appreciate the charts and the support/resistance areas.  Will take a closer look.

Definitely not the only one that considers it a strong possibility :).  Actually, very popular models are in line, I'm more-so reading them, and finding a macro view that seems to fit with that possibility.

Either way, not insisting, I think it's likely, and near certainty in 2-3 years.  That's about it.  At 1% on the John McAfee spectrum.  Actually seems in-line with a fair portion of the bitcoin community on this. Maybe outside bitcointalk, haven't been here in a while.

Maybe 2 or 4 more years.

It is true that the price is having a great movement this last quarter of the year but that doesn't mean it would continue to increase at the same pace for the next few years. It would go up, it would go down, it would go up, there will be a correction, and so on. We don't know what will also happen in the future that might affect the price.

Thank you for your prediction. We have less than 2 months to see the new year, and I am curious about what will happen to bitcoin next year. If the price really touches $100k in the next year, many people who hold bitcoin will become a millionaire because they will sell at the highest price. But bitcoin price has a difficult time to increase now after touching $15k, and the price now is not moving to a higher price.

But if the adoption process can start in the next year, perhaps, that can lift the price to start rallies and break every high price barrier. And in that year, we might see bitcoin price will make a new ATH. But we never know if bitcoin really head to $100k in 2021, and we can only wait for that time.

I have doubt when people put the word certainty in their post about the price of Bitcoin, because realistically you cannot accurately predict the price of Bitcoin in any situation and at any time, that's just impossible, there are those who predicted close to it but it never happens all the time, I'm definite you are just making a hype I also will do that if I want to make a profit.

Possible is there but we can't have that confidence like what we're thinking about the possibility that we'll get to see $20k again. The confidence for those prices are different but they're the same high price than what we have.

There's a sudden move to bitcoin's price and there goes PayPal. With the assumption of other institutional companies getting in for bitcoin, there's likely a chance to see news that are related to it.

PayPal: PayPal will now let all users in the US buy and sell cryptocurrencies (https://www.theverge.com/2020/11/12/21562771/paypal-cryptocurrency-buy-sell-bitcoin-ethereum-litecoin-us-users)

The timing for this is surprising because weren't they suppose to let all US customers sometime in 2021 be able to purchase Bitcoin? Its been like a couple of weeks and they enabled it for everybody. And for most people they upped the limit to $20K per account, it was lower before.

Maybe it was on purpose because they figure that if they enable BTC purchases during a sideways or bear market then nobody will buy. Similar to what happened with Bakkt, they were released when there was no hype and pretty much 0 volume for Bakkt. Now that BTC is all over the news and on Fast Money and trending everywhere, they figured they better enable it now for most users and reap the benefits of the huge fees they charge. Something like 2% to buy and another 2% to sell. So with enough volume they can have a great Q4 revenue quarter.

I am not really sure about that short period of time even though the continuous increase they are only thinking about now and how the correction that occurs the bear market will definitely come because this often happened before when the market was in a bull run, but indeed in the last quarter there has been a better improvement. and more like 2017 hope it happens again I didn't expect it so high, just touching 20k again it is amazing that bitcoin can make up the numbers again.

It doesn't mean that it will continue this way, but it also doesn't mean that it won't continue this way, either options could happen. I say there is as much chance of bitcoin going to 100k in 2021 as there is a chance it won't, they are 50-50% possibility in my mind, we don't know what will happen.

If I had to really make a case for why it could be 100k (which shouldn't be too hard) it would be companies getting involved could make bitcoin go higher and higher.

These are places that gets involved with hundreds of millions of dollars when they do and when you get that much money (assume one billion per month) you are increasing the price of bitcoin non-stop, and they will not suddenly stop and say "let's wait for it to go down" they are doing this 10+ year long term, so they could get in anywhere they want.

the most effective way to be free from stress is not to get your hopes up "LOL".  I always welcome the new year with an optimistic attitude but Bitcoin up to $ 100k is something I don't really dream about in 2021.  I really believe Bitcoin will break $ 50k (ATH) in 2021 but coming back this is just my guess because Bitcoin up to $ 100k in 2021 is (maybe) to happen..

Is it possible? to me it's impossible. But guys please don't come up with a sentence saying that anything is possible in crypto and don't try to become John McAfee. Let the prediction be a genuine and honest one, let it break the 20k barrier then we can think about 100k or let's have this topic in decade hopefully the price may go up that time.

It was a surprise to see that news because that's also what I knew. They should allow the feature by a couple of months from now but it happened earlier than expected.

PayPal just made it timely and the decision that they did was quick. Maybe they have figured out that they need to do it earlier than the timeframe that was already broadcasted.

Something very unlikely and I am not interested in content like something that is just an imaginary, because even the price increases that occur will not be as fast as imagined. If from now on blindly the price increases, it is possible to reach $100k in 2021 but what's happening so far? Is it possible for bitcoin price not to have negative sentiment in the market, and will the increase continue so smoothly that there is no correction? Such factors will inevitably occur in the market despite the positive trend going on, so it is highly unlikely that $100k will be reached in such a short time but if you say the previous ATH will definitely be surpassed, then the content is probably more sensible.

A lot of people who holding bitcoin right now will stop holding even when it's reached 200% from $15k to $30k .

They would think it's enough, and i do believe there only few people who stand till the end if the price really touches $100k.
It's just the same thing when people sees bitcoin at $500 back in 2016 2017 , those who holding $500 to $10k ... i bet very few. They lured to sell it off once they sees the profit is more than enough at $1500 which it's 300%.
So yeah hard to believe there would be a lot of people being loyal waiting and hodling till that price from now.

No offense, but if you are going to represent what people say, please do it accurately.  'near certainty' is not the same as 'certainty'.  Don't cherry pick a word and misrepresent someone's statements. Qualifier words are important.  In the video I linked, and yes I linked a video of mine I worked hard on, am okay with that - specifically mention I wouldn't say anything with 100% certainty, and you can't time the market.

The remainder, appreciate the varied discussion.  Here is the source for the primary model.  If you haven't explored his work - https://100trillionusd.github.io/

Cheers  :)

A good insight into what may happen in the bitcoin market within 2-3 years, appreciate it.
it would be better if you can share more like your video summary for people who don't want to watch the full video.

$100k in July 2021 seems too confident due to some reasons as we know how bitcoin has been volatile for many years, as traders will sell out whenever bitcoin reaches a higher price point, the possibilities change depending on how much the price would drop at the time bitcoin reaches the $20k and $30k mark. Imagine if institutional-investors planning to sell bitcoin at $30k, the price may crash to below $10k if the market following the fud. in this case, the best price we can expect in 2021 probably $50k, for the next step, how about $17k in two days?

No it is possible, Im one of the more bearish speculators here and there's always plenty reasons for us to pull back quite harshly, with volatility, upsets, bad news and a price full of air from weak buyers not users but even with all that BTC can get up to 100k in the longer term view.    Volatility often is labelled as negative and representing selling but its also likely an aid to BTC usage across the world as Dollar is on plan to become increasingly unstable and unable to provide the assurance as a global reserve currency it has done for decades.  If you arrive at the tail end of a move that takes decades then its reasonable to expect events to occur that would appear impossible normally and the events leading upto macro economic outcomes now started in the 1970's and before.   I can post up a video of General Charles de Gaulle (https://www.youtube.com/watch?v=D8gNZsksHFc) complaining about the rampant failure in the dollar standard with the French nation refusing to accept anything but gold in trade rather then dollar and to this day France retains substantial capital reserves in this form; that was long before I was born and yet here we are still and thats why I argue this move that will occur is like a tsunami in natural scale.
   Its not that its impossible but it is incredible and requires a full understanding to the whole span of the story to get why its occuring, I mention this because there does seem to be a definite link between BTC and the start of QE programs and the likely failure projected by some at that time.   Also the final point is the Dollar of 2020 isnt the same Dollar of 2008 and when BTC makes 100k dollars it will have declined further; I disagree this occurs in 12 months though.

Even on 2025 presumption of 100k price then its hard to believe for us to reach that level even talking with 50k price then its already hard level to reach.Im a bitcoin supporter
but analysis or presumptions like this with the price is nearly impossible to reach.We might be seeing 20k soon but doesnt mean that we will shoot up 30k so fast and reaching to 100k in no time.
Its not bad to have positive sentiments but people should really think off carefully and clearly on what are the main catalyst that would really be needed before
reaching out this price.Full adoption scale is mainly needed.

Appreciate the feedback, new to this so still finding the sweet spot.  Most of my videos so far have probably been too long :).  Trying to deliver quality but that probably actually means shorter and more concise.  

Thanks.

It would be a lot of fun to create a livestream to discuss price action and news.  An active discussion would be cool. What do you think?

We see that every time when Bitcoin price is rising people come with exaggerated predictions for the future. I don't know what is the meaning of it but 100k in 2021 is not realistic.
I don't expect that price will be on the growing path all the time without corrections and that market will experience only positive trends.

Okay it does seem most aren't watching the video :)   Here are cliff notes:

• Thesis - $100k likely in 2021, almost certain next 2-3 years.
• From early on it's been clear adoption and purposefully designed price appreciation will be binary.
• I was expecting $10k by 2017 in 2013, we touched twice that.
• The failure possibility gets closer to 0 over time.
• Macro events taking place faster than some, and I, expected.  Adoption as a reserve asset, positive narrative amongst hedge fund managers and retail-facing investment houses as a store of wealth, consumer adoption (Paypal), public-facing treasuries etc.
• Logarithmic time-series model from 2013 still significant - https://pbs.twimg.com/media/D_Jdc0EU4AAQO0g.jpg
• PlanB's S2F and S2FX proving accurate - https://100trillionusd.github.io/

That's it.  Either way, it's an exciting time, while also not exciting that fiat systems are suffering and sinking citizens accordingly.  Hence my attempts at motivating those who aren't already in the ecosystem, to get out of the fiat one.  I might make extraordinary claims, if so, they're genuine beliefs I hold according to sufficient evidence to make claim of a possibility.  I wouldn't say anything I don't actually believe.

Perhaps people who don't hold bitcoin in a large amount will still hold their bitcoin, but for people who hold a large amount of bitcoin, they can sell in a large amount of bitcoin, and they will wait for the correct time that will happen after the price reach the peak price.

Although I don't have much bitcoin, I will still hold my bitcoin and wait for the price touches $100k to make me get a bigger profit. But I will also sell my bitcoin when the price can touch more than $20k because that is the last time I sold my bitcoin at the highest price a few years ago.

In 2016-2017, people didn't imagine if bitcoin can touch $10k, and once the price reaches that price, they sell in a rush and quit from the crypto market for a while until all of the coin prices is drops significantly.

So right now, I think people will still waiting until the price can be more than $20k, perhaps less than $30k to sell their bitcoin because they want to make a big profit after waiting for a long time ago.

Given the perspective and goals some here seem to have, I can understand the profit-taking. Have a sound profit-taking plan and stick to it.

If your idea of taking profit allows for selling then trying to re-buy later at a higher price, that's not a profit-taking plan and you need to re-adjust.

HODL what you can.  It's still the same binary outcome.  Either Bitcoin succeeds and we get to millions per coin in the long-term, or it fails and goes to 0.  There's no in-between.  That's more clear now than it was back then.

I like that perspective.

We may never know what will happen but if that is the case, where these corporations or people are involved, we could be there in no time. Although we never know if that is actually what they are thinking. There are a lot of them that don't want to be part of this community; a scam, a bubble that would pop in the near future usually is their idea about it. Maybe something is changed these past years.

same here because everytime a new year has started , my energy levels for btc and other cryptos are also getting higher  . we wont feel this when we dont know the history of them . cryptos really starts good when the year is still fresh but eventually unexpected things happen like they can get a decline in thier value , stuffs like that .

you dont believe that 100k value for btc can happen but you believed that 50k can happen . theres no big difference to that because 50k is just half of 100k and 50k amount is still huge in which i dont think itl happen in just 1 year

$ 100k is a very high level for Bitcoin, I don't know if Bitcoin will be able to reach that price,
if seen from the chart now it is still very possible for long terms, but the direction will change if the chart also changes

Bitcoin can reach that price, but we need to have a big patient to wait because bitcoin will not always increase in a short time. We can see what will happen with the bitcoin price now. The price increases slowly but surely, and although the bitcoin price now is down, I am sure that the price will rise again and break the high price. It seems the chart is okay, and it still gives a sign to go up, so maybe we need to wait for more.

Bitcoin could very well hit $100K, but maybe not as fast as next year. Maybe after bitcoin hits a new ATH, we might have another market cycle. however where mass adpotions occur, bitcoin will very likely hit the $100K price tag

Many people assumed that prices of 20k would have been insane to think about when you told them at 2010 or so years.

There was a famous 10k bitcoin for a pizza type of situation as well, I personally got 6 bitcoins just for something silly I did waaaay back when and I sold it right away and got cash instead (silly me) and nobody really assumed it would be at 20k levels (16k now but reached 20k once anyway) so if we told them it would be like that, they would have assumed we are crazy. That pizza for 10k is worth 160 million today, could you imagine telling that guy "do not pay 10k bitcoin for 20 dollars worth of pizza, that 10k bitcoin will worth 160 million dollars in few years!", he would have assumed you are crazy.

So, 100k will happen, and to everyone who thinks it won't, they just can't imagine big enough.

This prediction of Bitcoin reaching $100K has been around for too long but up till now it seems to be impossible.
I still don't believe that it would be that high in just a short time and we should also be aware of it.
We know that whenever a huge price increase happens there would always be a correction so the price would fall back.

Things become more clear when you stop focusing on the price and dig deeper.  what is it? why was it created? what problems is it meant to solve?  what does that mean for the future? 

The price appreciation is just a consequence of all the above. 

If you're here because you wanted to place a bet, that's a fine starting point, keep learning.

That's what i mean , there would be only few people who stay HODLing even if the price tomorrow move from $16k to $30k , as most people would cashe the money out for profit and forgetting their main target to reach $100k milestone and then failed to get that higher rewards , i do believe it's often happened ti most of us. HODLing never easy , you'll get tempted to sell it out everytime the price hitting the new all time high. This is inevitable.

You just have to remember that guessing bitcoin price shouldn't based on how things is makes sense , bitcoin are beyond all of the nonsense things when it comes to targeting the new all time high , the bull run often unstoppable .

If you really believe that 100k is something we will reach either soon (in 2021) or eventually (could be anything between 1 year to 50 years) you should definitely invest into bitcoin. To me on average 20% yearly return is good enough, having invested into bitcoin time to time I can tell you that I made a lot more than 20% return on my investments (closer to 100%) and it doesn't change my life at all, I am still not rich and wealthy, I am just doing barely alright due to economy not being well.

However if you think 20% yearly return is good enough and you think 100k will happen in the next 5 or so years, I feel like bitcoin price currently is not something you should care. Since you think it will be 100k that means you should invest to it right away and sell when it is 100k.

Still seems like many here don't understand what's really happening.  I think you all really need to watch the video and let it sink in.  As well as subscribe to get more exposure to the content.

As I mentioned already, learned about Bitcoin in 2013 and understood it's place in the world.

Here's one of my messages here from 2014.

https://imgur.com/a/8ZJwsp5

$100k is not the endgame.  Buy bitcoin and hold it long-term.

Although visually is a good way to understand how your scenario works but I'm sure not everyone will like it and even believe in what you have done. You may not be able to force people to watch the videos that you present on your private channel because there are things that are still difficult to understand visually and will seem easy to understand with articles such as language limitation.

Another solution to make us benefit from your analysis is to share it in writing here besides you can also direct it to your video. About the $100K price tag, that doesn't sound like an impossible thing for bitcoin. But I would say it's very difficult to happen in 2021 because to match the previous ATH is still difficult.

Appreciate the feedback.  Will take into consideration adding more writing analysis, something have planned for at acryptoeconomy.com.  Still important to watch the videos.  These will improve over time.

We should not focus on specific numbers like these. I believe bitcoin is powered by the increase it has and I understand that the higher price goes the more people will get involved. There is a reason why we saw a spike in user numbers not just in bitcointalk but everywhere in crypto during 2017 peak and even though some of them left after price crashed, there were a lot of them that stayed and still around here from those days.

However I believe we could do that if we do gradual increases, I don't care what the end price will be at the end of 2021 for example, but if the price keeps growing and growing all year long, it could end up at $50k and I would be happier than price being $100k in a day and staying like that all year. This is why I think gradual but constant increases are better than hyped big prices.

price discovery = hype cycles.  They just take progressively longer over time.