Bitcoin Forum

Wanna see people's predictions for Bitcoin's next peak, presumably around a year from now or sometime in 2022 - whenever this market cycle comes to a close. And give your reasoning behind your prediction, and not just "cuz I think so".

I have a most likely prediction and a high prediction.


My likely prediction is $90k to $120k. I think $100k is the big target for this market cycle, and either it'll fail to break through and top out in the $90,000s or it'll break $100k and then in a rush of euphoria over the next few days/weeks it could shoot up to $120k or so in a blow off top.


Now I also have a high prediction based off the last two peaks. The 2013 peak was about 36x above the 2011 peak, and the 2017 peak was just under half that at over 17x compared to the 2013 peak. If we keep this peak multiplier halving going for this cycle then the next peak should be around 8.5x the previous peak, or around $170k, so that is my super high prediction based on past two cycles relative to one another.

When it comes to prediction in year 2022 then i would be going to the realistic side of things neither between 30k price to 40k price would sound reasonable but im not really that
hoping that much yet if we do consider on how the price behaved on last 3 years then we do even had a hard time on reaching its previous ATH.

Going 2x on its current value in 2 years time sounds reasonable but we know that nothing is guaranteed.Do these 100k - 1Million predictors does really have that kind or level of positivity in mind?

Having these runs doesnt indicate that it will continue on next 2 years.Always consider that we didnt reach this level so easily or without any relevant fundamentals or news of adoption.

Bitcoin is always unpredictable currency so we don't expect the long term ATH in Bitcoin, Because of huge investors are hold the BTC so it will maintain the top level in crypto market.
Past ATH is started on 2017, that time all the peoples are said it will reach $100k on next year, But we never expect the continuous drop on upcoming days.
Myself I don't predict the long term peak in BTC.

it seems like most people's predictions are up to $ 100k don't get your hopes up on something that is not certain when you hope you will be disappointed, if everyone thinks bitcoin will always peak how do we think otherwise. bitcoin will go back to $ 1k. because whales would think otherwise

I like your prediction more than OP, we have to be realistic now, Bitcoin reaching $20k is easier because it's still cheap, we need double or even triple the number of whales and institutions to get past $50k so I think the $30 to 40k is more realistic and reasonable, as Bitcoin go up in numbers in the market, we cannot make the past achievement conclusive on what it will react in the future.

$400k if I am pessimistic, $700k if I am optimistic.

Each time we see a so called "cycle" the size of this cycle is growing since each round we see a much bigger adoption and as the price goes higher (a bigger number) it attracts a lot more people. Not to mention the longer the history of bitcoin the less the effectiveness of the FUD and the more the adoption.

Each cycle nowadays is in least 10000% rise from the bottom (not from the previous peak) showing the growth in size of the rise. The duration of the cycles are also growing.
For example one of the first cycles we had the price went up from $2.22 to $256.34 which is a 11446% rise. The famous bubble that people usually think of when they say "first" bubble (which is a mistake) price went from $45 to $1163. This was one of the smaller bubbles since it was very short and we didn't really have the traditional bear market after the previous one.
The last bubble we had the cycle started from $150 and price went up to $19666 which is 13010% rise.

It should be expected that we see at least the same size in the next cycle too starting from $3122 and go up 13000% to reach $408,982.
But as I said the size is growing on each cycle due to a lot more adoption, so reaching higher levels is also a strong possibility. Granted when bitcoin value is close to half a million, the world is going to go on a crazy FOMO that could push the next bubble to a much higher level too. Don't ever underestimate the FOMO, specially a global one.

Since we're all adding a lot of noise already to a very noisy section, I'll throw my own ideas in. I still think this rally is going to be very different from 2017 or previous years too and I'm less interested in the peak, then in the floor where the next cycle hopefully starts from in 2021/2.

I don't think $100k is realistic but $50k does seem like something more people can digest, only because it will be massive fomo above $20k, and a lot more money will be pouring in, but people also taking profit will happen quickly around $25k and every $5k thereafter.

Extrapolations of the past couple cycles (based on extension beyond the previous ATH) puts it at $300-$700K. I think it's reasonable to be conservative and aim for the lower end of the range, $300-$400K.

However, I also wouldn't rule out 7 figures in a blow off top, in the S-curve/mass adoption scenario. (https://bitcointalk.org/index.php?topic=5295099.msg55734149#msg55734149)


Seems a tad too predictable. :P

I would never predict the Bitcoin price based on "peak multipliers" and how much the last price peak was above the last Bitcoin price around the last BTC halving.This doesn't seems like a legit analysis to me.
I think that the Bitcoin price will move in the 10K-25K USD price window during 2021-2022.
The corona recession is still here and the pandemic will not be over before the end of 2021.
Most of the investors are still very cautious and they will continue to be cautious and keep avoiding risky assets in the next 2 years.

If investors are very cautious then we shouldn't be getting in 5 digits because of the pandemic. But it is not the case, we have almost hit a new all time high, and thanks to covid-19, people are looking for an asset to hedge their wealth and bitcoin is the best offering they can find.

As for the tops, I wouldn't be surprised to see 6 digits but I would say that it will be most likely 2024 and not 2021/22.

https://miro.medium.com/max/1925/1*qRg3VJ2U8PQOigvpjTgkkQ.png

I am extremely bullish on Bitcoin for long term. Especially now we already created a new all-time-high just few above of the previous all-time-high.
My prediction this time will be using this stock-to-flow chart which it is showing that next peak could be around $100,000 by around 2021 - 2023.
It's kinda huge numbers for me but I believe it is possible, we just need more time and patience.

Based on previous cycles, 200-300k, topping out between September-October 2021, followed by the bear market 40-60k bottom within two years, rinse and repeat until the cycle breaks. All the historic information is available for anyone to look up and extrapolate for themselves.

I don't predict how the higher the bitcoin price will increase for the next long term, and I tend to follow the price goes. I let it flow and enjoy the movements while still trying to buy low and sell high because I want to earn more bitcoin. I don't know if the bitcoin price can go to more than $100k-$400k in the future, but it possible to happen. We don't know and don't have the right info about that, and we will see many predictions about bitcoin price. The important thing now is we can get as many bitcoin as we can, so when the price really hit more than $100k, we can make a lot of money from bitcoin.

My prediction for the next 12 months would be along the lines of breaking over ATH again, going nearly to 25-30 range and afterwards drop significantly, like drop to 15-16 levels but people will realize that, this "fall" will be higher than 50% of our 2 months ago, they will say "hey we went down 50% but we are still bigger than almost all the time we have been so far, which means our bottom is very high now" and they will have trust on bitcoin and increase again and end up somewhere around 40k before 2021 ends. That seems to be a logical approach to what could happen, I can't say that I guarantee it because it is not going to be something that is guaranteed but I feel like it is certainly possible.

Topping out in the fall? If 2011, 2013, and 2017 are indicators, that's unlikely. Those bubbles popped in June, December, and December respectively. The latter two cycles topping out in December lends some credence to the theory that tax year implications (and associated profit taking) may play a role.

Then again, if everyone is planning on the top coming in December, it'll probably happen sooner. So you may be onto something. :P

Your prediction is huge.Do you know the value of 90k and 120k$. It was huge and one can live his life happily upto three generation. In developing country, this money holders will be a richest person.They will run a two or three company as their own. The maximum expecting upto 2022 will be 50-60k$.The maximum 100$, will occur only if the US government take it as a legal tender.

^ It is not really bad giving such predictions for it denotes positivity both in bitcoin and those who hold bitcoin. However, I don't have a third eye either possessing any superstitious power to give a prediction on what will be the price of bitcoins 2 years from now and I hate giving false hope for myself that will disappoint me in the latter part. Since everyone is giving their opinions so I would rather give mine too lol. In ten years of bitcoin existence, we saw how bitcoin struggles to establish itself as a cryptocurrency especially on its price a lot of ups and downs happened in the past ten years but now we are reaching $20k so I would probably divide the current price into 10 years to get the average and that is $2k per year so probably, the price may be increased to $24 or $25k and for me it is fair but if the price will go beyond this then I will also be gleeful for the success.

It's not poor people in developing countries who are driving the price up. It's institutions and retail investors in developed countries, and the filthy rich. So that's not a legitimate reason to think the market is capped at $60K.

No way price is stopping at 2-3x the previous ATH. I can see the case for 8-9x, keeping in line with the long term logarithmic trend and the diminishing returns of the 2013 and 2017 cycles. But there's no way the market is just going to fart above the 2017 ATH and stop at $50K.

When the price increases fast it usually falls in price faster than it is, I don't see it reaching 100k dollars in 2022 unless price will reach next year 2021 within &
$50k-80k, price is too volatile that many expect a higher value whenever it reaches a certain peak and whenever there are huge adoption from known companies.

We either get massively disappointed or get a rocket ron so far up us our faces stretch around it.

Not once have I correctly predicted a peak and this time around it's the one I'd least want to predict of all. We have no idea who is watching closely but it'll be many, many more people than last time and many of those will be newly arriving serious players.

In that scenario 100 large could be dwarfed. I'm not sure I'd want to hang around for the hangover.

This Uptrend of Bitcoin price now looks like legit as the Companies that investing inside are truly remarkable with a real product not like in 2017 that it is more on Bubble and hype ,this time we can see that the value is standing still even after reaching the another ATH.

So for me my prediction is not far from yours because at least doubling the Value each year for 2 consecutive years.

I see The prediction multiplier has not yet been broken until now, I just hope it will continue to do so so we are still good, your $170k prediction is very interesting because it based on a prediction cycle table but I want to be as realistic as possible the next long term peak for me will be $30000 I am ok with it I did not use a chart I just use the price movement.

More companies means that more bitcoin are on the hands of corporate cronies than individual hodlers, this means that in the long run, the price hike or dip of bitcoin is in the mercy of the whales and calfs(young whales). I would say that it will be a bad thing that more corporations adopt bitcoin. If the valley from 2017 is replicated then it means that the next 3 years will be the same.

Predicting the price of Bitcoin is always interesting to talk about, everyone must have various opinions regarding the peak price of Bitcoin.
I think Bitcoin price movements are unpredictable, it is not enough to simply compare the peak prices that have occurred before. Many
things can affect the price of Bitcoin, the corona virus maybe end in two years. This could make people even more interested in Bitcoin,
has become the best performing asset since the corona virus outbreak, making Bitcoin the main choice as an investment. If the demand
for Bitcoin continues to increase, I predict Bitcoin will reach a price of $ 30,000- $ 50,000 by 2022.

To make a long-term prediction, it is not that difficult, considering that the bullish trend is still missing, I think that by the end of 2020 the price of Bitcoin can reach more than $ 25k, but in the long term I trust the S2F model of Plan B.

Hundreds thousand of dollar isn't realistic at current situation in my opinion. If you want that price that also means significantly bigger market cap and it needs money. We need to talk about mass adoption first before talking bitcoin reaching $100K

However, in 2021 maybe we gonna see another ATH around $30k which is more realistic as of now.

2228 Days ,
3 Hours,
5 Minutes left according to the Bitcoin halving counter which it's around 6 years from now but approximately we did it every 4 years means at the 2024 there is almost sure the all new time high will be broken again,  i won't speculating outside this fundamental so yeah the next peak are far away ahead us.

Enough for the current run.

There is a major difference when you compare the peak valuation of BTCitcoin and that too during the initial stages you can expect the market would rise substantially higher and you cannot expect the same level of growth the price has reached around a certain valuation and we are around 10 years in the market and the price has matured and you cannot expect the same level of peak during this cycle.

My expected price valuation during the big rally should be around $30k to $45k considering how the market is performing right now where it is touching its all time high valuation and trying to break the resistance and we could see the all time high valuation by next year.

Look at the monthly candles. We'll get a 9 in September or October 2021 depending how this month closes. Also, look below...

https://i.imgur.com/KkMlC7I.jpg

Maybe that is right, and maybe we need to wait for more.
But how if the price will touch the new ATH in 2022? And in the next year, the price starts the rally from $20k and breaks so many high prices until 2022.
After that, the price will hit the next ATH in 2022, and the price will be more than $100k in the next two years.
I think that it could be like that because bitcoin can move to a high price anytime.
But as usual, we don't know how high the bitcoin price can make it in the future, and it could be the next ATH will be more than $25k.
But if that is a long term peak, it could be the next 2 years or 3 years later.

I beleive what most people says so just go with 100K wi be the next all time high for bitcoin, I am saying about the next bullish trene not the current one. I don't believe on the technical analysis because it sucks mostly.

By 2022 we'll be making lower lows in the next bear market moving towards the bottom.

100k would be low based on previous ATH's.

In any event, we'll know by summer of 2021 if I'm right. Watch those monthly candles  ;)

Maybe yes, maybe no. But we already saw and knew that after the price hit the new ATH, the price will start to go down, and what we already noticed, the price still goes down until it reaches the lowest price that we don't know before.
I am afraid that will happen again in the future after the price hit the new ATH.
$100k is the highest price for bitcoin to reach, and we don't know if, in the next bull run, bitcoin price can hit on that price.
We will see what will happen in the summer of 2021, and if the price really starts rally to the $100k, that will means we can make a lot of money from the new ATH.
So waiting for more will be the only answer to see the price will go up higher.

The next peak I think is around $30k I think, not having assurance if that would be within another year or more than that. Why is it not as high as other speculations? The market is inconsistent to both pump and dump in the market value of not only Bitcoin but also other cryptos. With that being said, the market price won't increase from 1 to 100, perhaps, within a year because that's just not how this market behaves in the first place. Just think of how many years Bitcoin "spent" to acquire a market value as high as what we have witnessed, which is an enough proof. But I might be either wrong or right; no one is just certain and that's the only thing I know which is certain.

The problem with calculating the future of bitcoin with the past of bitcoin is the simple fact that bitcoin doesn't have any responsibility to do the same thing over and over again during the same periods. Just to give a very very clear example, we had $20k at the December of 2017 for example, but we went down from $6.5k to $3k during 2018 December, see the difference? The 2019 December wasn't awesome neither considering we had as much as $14k that year but ended up at $7k by the end of it.

Just because 2017 had a great year in December and by the looks of it, unless it suddenly crashes within this month (still possible) that doesn't mean price always goes up at the same time. So what I suggest is, if you want to predict the future try to find a reason from the future, not from the past.

Guess this aint looking so crazy now, huh?  ;)

This was never crazy :P
But you got your initial numbers wrong though. Based on past cycles the price has to go at least above $423,466 (same rise as previous cycle) and drop down to $85,333 (same drop as previous cycles).
Although I believe that with each cycle the size of the rise should grow while the size of the drop shrinks. Not to mention that we don't know how much FOMO the world is going to react with when something they were ignoring all this time surpasses $100k value.

I enjoy seeing a few predictions from like 4 weeks ago for the next long term peak in like a year being $30k, and on the first day of 2021 the price has already come within $100 of that prediction haha. So many people are soooo conservative and don't understand what Bitcoin bull runs are like. This bull run really is just barely getting started and it's already right at 30k, which seems to be a popular prediction for the next long term peak among some people.

If there is a long term top in roughly a year followed by a long bear market like the past two cycles, it'll likely be between $100k and $200k. Under $100k just feels like a low-ball prediction, but it'd be pretty astounding to see the price move from $29k to over $200k in one year at this point, given the size of the market and I would guess institutional investors would start putting off buys and look for a drop once it goes over $100k, leaving only the retail market to FOMO into it, leading to a blow off top, a big panic selling correction, at which point institutions would start up again moving into Bitcoin at a bit cheaper prices.

Yeah, this is just a super rally, we are still far from the bull run that we wanted to see, $30k? Nah, it will be slice like a bread, corrections are going to be shallow.

I'm not surprised to see 6 digits figures in the future, $50k in the next 6 months and then it will grow exponentially from their, so $100k could be just the surface of the imminent bull run this year up to 2022 bubble.

Yep, I've been trying to nudge people in that direction ever since 2018. I'm always amazed when I think about how many people thought the next cycle could top 25% or 50% above the 2017 ATH ($25-30K).

Speaking of which, my mom just texted to tell me she and my brother both think I should sell all my BTC, immediately. :D

When a major correction comes, the bears will come out of the woodwork, believe me. They'll shout that the top is in for good, just like they did in June and July 2017 after the correction off $3K. Bearish sentiment will build, weak hands will get shaken out, bears will build short positions.......and then all those sellers will provide fuel for the next leg up.


What if we have a "double bubble" (yes I just made up that term :P) like 2013? In April, the market topped ~7x above the 2011 ATH, then crashed ~83%. If we apply that extrapolation, we get a top at ~$140K and a bottom at $25K. Then comes the real fun part. :P

"Double bubble" (I love that by the way, great naming) can't happen right now with this much money required.

We had it back in the day because it was something that was easy to have, whereas right now we are not having anything like that, we are having something much harder because going from 25k to 30k took nearly a billion, with a billion you could have moved it from 30 dollars to 1 thousand dollars easily, hence why it is nearly impossible to have double bubble. Is it technically impossible? It is not, we could even have a million dollars per bitcoin technically speaking, it is all about how much money goes into bitcoin, maybe Warren Buffet, Jeff Bezos, Bill Gates all get together and put their money into bitcoin? Obviously it is a joke and won't happen but technically speaking if they did that, we would have one million dollars per bitcoin price as well, so it is possible but very unlikely.

Yeah people who think the bull run will go up 50% from old peak just don't understand the bitcoin market.
My mom told me a month or so ago when Bitcoin was a bit under $20k that I should sell, I straight up laughed at her, then the very next time I talked to her she said the exact same thing haha. Anytime Bitcoin comes up when I am talking to her she says "speaking of which you have to show me how to sell" and I have to tell her not to sell anytime soon it'll go much higher in the near future. This has been a repeated conversation for the past year or so haha.

I like "double bubble" haha. Yeah who knows what exactly will happen. All I know for sure is prices will be much higher than current prices in the future.