Bitcoin Forum

Hello
According to my research, the price is likely to drop to  14,000 to  15,000 in the most optimistic case.
And in the most pessimistic case between 11 and 12
Most likely, 2 months will be in the range of 16-18 and then the lamb will be in the range of 22-24
But a big climb for the year 21000 is on the way

None of us will be around here in 21000  ;D

You would have dropped some of your research link below we all have to know that all this are prediction based on observation, crypto has been unpredictable right from the start and it will still remain unpredictable.
21000 😄, it really far from now.

I've been getting beat up thinking more or less the same, myself, on what is going on.

With the mt.gox releasing $2.6 Billion in Bitcoin for settlement to the rightful parties or about 140,000 Bitcoin...I was more concerned on a dump.

A bit less now, in that the mt.gox settlement will have a couple more 'hoops' to jump through and may just dribble this out in stages

https://www.fxstreet.com/cryptocurrencies/news/mt-gox-may-release-150-000-bitcoin-into-the-market-drastically-increasing-the-downward-pressure-202012081328 (https://www.fxstreet.com/cryptocurrencies/news/mt-gox-may-release-150-000-bitcoin-into-the-market-drastically-increasing-the-downward-pressure-202012081328)

The concern for me was a 'super-size' dump because I myself suspect that the supposed Trump Administration proposed clarity of regulations just like

supposedly before Biden Inauguration actually will require you to give information and perhaps amounts on your privately held wallets to use a USA

exchange.

It looks likely, both actions NOW will not happen at the same time, but my guess that if such did happen we'd be looking at $12k Bitcoin again.

But it is a question, you'd have to say that 'most' HODL'ers back in the year of 2014 were 'early adopters' so if they are still in the game as a

majority of mt.gox settlement recipients....simply look at this settlement and HODL? There is supposedly no taxes on settlements of this type

in the USA..there would be cap gains if they sold it though. So if most of the mt.gox folk are really old time HODL'ers from back in the day..this

could be a non-issue. Also if the Biden Administration was to promptly put a 'hold' on the dubious clarity regulations proposed as a fast track

slam in place...along with the other dubious last minute regulations the Trump Administration is putting out as a last gasp, this whole dubious

exchange regulation could be considered not a big deal also.

Anyway, a bit more optimistic, but we could be looking at muddied waters on both of these things well into March of 2021..which means we could

be in for at best low BTC prices in the $12K TO $14K range or ..if all of the above is not a big deal another ATH after the Biden Administration is sworn

in after January 20th, 2021. Flip a coin. I myself have a plan on getting as much $12k BTC dust as possible if we have an extended flat or low

BTC price above. Dubious regulations can't depress price forever...too much push-back IMHO by big boys of Crypto ....and the mt.gox stuff will

eventually either stay mostly in HODL mode or get gobbled up.

So maybe cheap coin or ATH ...either works as a 3 month cycle for me :)

Brad

;D

I've noticed that year but hey, obviously it's just a typo error and should be 2021 I guess. But that's far with those zeroes and what he meant. I don't know, let's wait for him to fix it.

Btw, this isn't the most that you can say with those prices. It's 11k and 12k right? that just can't be the price that you should be considering if you're thinking of the worst case scenario and if a very huge correction would come. Bitcoin is volatile and can't really determine how low or deep it can make.

Given the history, I think it is safe to say that it is unpredictable. But still, if I were to predict its price then it could reach $25k to $30K in the year 2021, the reason being institutions are also jumping in the game. But as stated earlier it is highly unpredictable.

Everyone here can make his prediction, after all the market is base on pure speculation and we can make our own wild and educated guess. But the price dropping to like $14k? or even $11k-$12k? For me, it won't happen. And I'm seeing that in the next two months, without any major drop, the price could be in the range of $20k-$25k early 2021.

Looking at the two factors both bitcoin optimism and pessimism I think it’s will be more logical to say the price of bitcoin in future is unpredictable. There are lots of unfavorable factors to bitcoin may slow the price of bitcoin.

Bitcoin will grow in future yes will all know that but it’s not going to be a rocket science. I read sometimes ago that a particular government of a country implemented that anyone seen using bitcoin should be Charged for crime and these are common factors that will slows the price of bitcoin because bitcoin will grow more if the whole world apps the technology and the government don’t frustrate the effort in such ground I’m very optimistic about the price of bitcoin in a short time.

All of these re still predictions and no one can say the accurate value of the bitcoin for the next days and the year 2021, actually what I am predicting before is that bitcoin could reach up to $25000 within this year but it seems like not possible as of this days but still hoping that it could still hit that value.

In the year 2021, I am thinking that bitcoin could reach higher than $20000 - $25000, I am still waiting for that value, let us just wait for it, and time will tell.

Whichever side the price dumped or pumped its all for the benefits of both bitcoin hodler and traders, if drop to $14K to $15K according to your prediction thus an opportunity is unveiled for many buyers to jump into the train meanings more demands thus pushing the price return to its bullish run, if it is the other way round the present bullish runs continues hodlers and traders will definitely ride on and take some price if necessary above all bitcoin future sentiment is obviously bullish as more institutional organizations adopt it.

your analysis does not fall into the relevant research category. which you yourself do not cite some comprehensive sources. but this is more like an assumption. because that says research if you can defend your argument scientifically.
then for 21000 I am not sure if you are still alive. The average age of humans today is different from ancient humans, they can reach more than 1000 years, while for now the oldest is 150 years and that too is rare.

We can speculate on whatever it is. But I’m not so sure if btc corrections go down deep to the 14K-11K. Chances are that what happened will drop to 16K.
It’s also been very low. But if you look at the current conditions, it is time for a bull run, where 2021 is the wait for every new ATH after halving in 2020,
if history repeats. So $25K I think will be reached in 2021, maybe the price can go far.

I agree that this month at the end of the year bitcoin will play at 17500-18800 on open positions and closing prices. There are still several opportunities to achieve ATH in the following year. because considering the decreasing supply of bitcoin every year.
but the price still falls from each halving to the next.

Too far if you have to experience a correction to positions 14 and 15. This will be very incompatible with the stability of the movement and volume. It's not wrong if you have such predictions, and I wouldn't blame them either. all have the right to have their respective assumptions. Whether or not it is true, we don't know how the next bitcoin price will move. We can see today bitcoin is starting to bounce back after a couple of days it's tiring to pump up at the end of the year.

I don't believe in 'research' of that sort. Bitcoin is very volatile and is not directly affected by anything in particular. From my experience, it's usually FUD or FOMO that triggers rapid price changes, but nobody can know in advance that this is going to happen. I agree with an opinion by Antonopoulos (https://youtu.be/2TiAPAYY0NA?t=304) that there is no science behind any kind of price predictions. However, judging from BTC volatility, I think there are some rough probabilities of Bitcoin being at a certain price in 2 months. It's very unlikely to be $2k because no fall like that happened before, and it's very unlikely it will climb to $50k that fast either. So your predictions are within the reasonable range, but they're still speculations.

We will not know when the bitcoin price reaches the new ATH, everything is still in predictions. However, if you look at the technical conditions itself, $ 14900 becomes a strong support that cannot be broken, I think the initial foothold will be located at that price as a correction limit that could occur at the end of this year.

Maybe he just said it to prove that he is being optimistic about the things that can happen on Bitcoin.

It is not bad to become pessimistic towards bitcoin because you are just thinking of the possibilities and you don't want to hurt yourself expecting too much from bitcoin.

We should always consider its volatility because if you deny it then your views towards bitcoin will really hurt your feelings and can cause disappointments and doubts. Be mindful of your mindset towards bitcoin and making prediction is not that bad unless you make it depending on the the possibilities and reality.

I respect your opinion but I feel it's not going to be that way, even I had numerous predictions but those were of no use due to unexpected bitcoin fluctuations, we also need to consider factors like fluctuations, bear market and bullrun which can be identified only when it happens. Accurate prediction does not exist.

There may not be an accurate prediction of bitcoin. If I had told you last year that bitcoin would reach channel 24000, you would be making fun of me!
But we all saw that, contrary to expectations, Bitcoin has reached higher channels!

People tend to think certain levels are unreachable... Until they aren't anymore.

In an optimistic scenario we'll go to at least 50k this bull run before a correction and then possibly to 100k.
In a pessimistic one we'll end the run at 25k which for many people is a psychological barrier.