Bitcoin Forum

The price of Bitcoin broke $40,000 for the first time.

I estimate that the price of bitcoin this year will move in the range of $100,000 per btc to $200,000 per btc

Overall, not too many surprises as it has been predicted from many different places. Bitcoin is being supported at $ 40k price but maybe things are not stopped yet, I think we will soon surpass $ 50k in the near future, possibly right in Q1 2021.

Im not sure about such rate and it looks like this time bitcoin is achieving its peak price. ethereum gets a small pump while bitcoin is still very stagnant at this moment.
I just try to make sure bitcoin can surpass 50k rate before it can go even higher. There are so many resistances and it can't be pumped anytime.
The whales must have accumulated more coins.

I still believe if the target is about 50k-60k per BTC this year, if it will be 100k-200k per BTC I still doubt it because history doesn't show any strengthening in a long period. I am still aware of the dumping period and even though the price is currently still stuck around 40k I think it could fall and go higher in the near future, but if it is true that the price continues to rise or strengthen throughout the year then obviously, it will be new history for the Bitcoin market itself and if that happens I think Bitcoin will be able to replace gold or maybe become a currency because maybe the price is more stable.

Nope that's not the first time because the price Grows more than 41k ahead your posts by 12 hrs.

So am I  mate because Like the 30,000$ breaking there is no Barricade and the price just go through directly not like when we are trying to Beat 25,000$ in which took days before finally getting the target .

Now the next in line is $45,000 before finally Make the All Time SuperHigh of 50,000$ .

41k already passed on some exchange sites and we are heading toward the next pit stop @50k
The whales are starting to rebuild the support again. I have been watching the bitcoin market and the small correction that happened yesterday caused by the whales try to testing the market.
Bitcoin will be pumping again very soon.

It is hard to see bitcoin increase to $100,000 per bitcoin this year because bitcoin still needs more time to break every highest price. With what happened this month, I think the rise in bitcoin price is not too fast, but the progress in breaking the next highest price will still wide open. I guess that this year, the bitcoin price can rise to $50k-$80k until the end of this year. So in the next year, bitcoin price will have more chances to break $100k or over that price, but I don't expect to see the big dumps will happen to bitcoin after the price make a new ATH this year.

$ 100k is still too far for now, however, I was really surprised to see bitcoin's price hitting $ 40k. This has driven a lot of altcoin prices up, ethereum in particular, and I'm quite sorry I sold my assets so fast before the price actually went up. however, there is a very big possibility for bitcoin to hit $ 50k this year, it's just that it's still too early to think that bitcoin could hit $ 100k.

It might happen but with a small chance to happen. bitcoin is growing again and it looks like people will be rarely to find bitcoin. The circulating supply in the market became less and less everyday consider the whales were buying it and then move it into the wallet to be used as long term investment.
This crap because im only getting a few bitcoin to be stored into my wallet.

And on the same day of January 8, bitcoin hit $41k for the first time too. While today, the price is $41k again.
Many predictions were said with the same price as you.
Not that far anymore. We're just $4900 last year and it's $40k, that's not far anymore if we'll include the past year's movement of bitcoin.

Maybe what you say is based on JP analysis. Morgan, who recently said that bitcoin will hit $ 100,000 by the end of the year. but we'll see though it's still 50% and we're not entirely sure. realized today bitcoin broke $ 50,000 and fell back to $ 49,000. Breaking through $ 100,000 is the same as multiplying from the current price. maybe the end of the year is quite reasonable, after experiencing corrections first. whales and miners have high ambitions.

I doubt that.
It's slowing down. Could $40k be the limit? It might be.
The question is where would be the bottom of it.

I have never been in this kind of amount of panic up until now. I really want to sell to maximize my purchase of bitcoin when it drops again.
My way of accumulating more rather than buying at an expensive price.

in my opinion btc will drop under 30k. and reach a plateau for a while. then it will pump to 50k in short term.

I also think that Bitcoin will not fall as low as before. If you believe in the theory of its cyclicality, then it can fall below $ 30k. This may happen in the future, not anytime soon. I think this will happen after a new peak of $ 100k, this will be a new frontier where Bitcoin will stop. This is my personal opinion, which I have built on many charts on the cyclical nature of Bitcoin.

It can drop under $30k but I don't think that it will drop further under its support. We've got enough to see the plummet and it's entirely in the mainstream media when it's dropping, they're quick to publish articles that bring fear and panic to their readers. They are mainstream media and it moves the weak hands to start selling. The plummet that it did within 24 hours is already enough for us to see the rise of it to $50k. But we might see the same cycle that it did today when it hits $40k-$49k.

yeah, there is a possibility for bitcoin to down below $30K, but not long
and i'm sure when bitcoin price continues the rally, altcoins will follow the movements of bitcoin, wich mean bitcoin and altcoins will grow together

Even if the Bitcoin price jumps to $100k or even $200k, it won't stay there for long. If the new ATH reaches $200k in very short period, it will drop to $ 10k same fast. Of course, we will be happy about the new ATH, but the bear market will continue for two years. I would prefer the growths to be slow and stable.

I think Bitcoin’s latest bull run was sparked in October by news that payments giant PayPal would begin offering bitcoin and cryptocurrency support. And boosted by wave of institutional interest in bitcoin and Wall Street giants including Citibank and JPMorgan making surprisingly bullish bitcoin predictions. How far it can go this year, I don't know, but I know there will be a lot of volatility,  (pump and dump) this 2021, as that way traders can make their profits.

Don't expect too much, because when the bitcoin price doesn't reach $ 200k, or even goes down, you might be stressed out about it. after all, we all expect a high price tag, but we know that getting to the $ 100k price tag isn't that easy. besides, for now, bitcoin price will need to try to get back to $ 40k price.

unexpectedly everything is possible when bitcoin price done reaches 40K ,so you are also expecting a price of 100K in this year ,what the growth can make that possible on your estimate?

For me it's only 50k that bitcoin can reach this year , if it will exceed then it must not Go up to that 100k .

we have already saw the maximum capacity of investors and we can't even break the 45,000 so what more that 100,000 even the institutional investors are now starting to gain market percentage .

But nothing is impossible so waiting for the outcome must be the best thing to do now.

Unfortunately, after the bitcoin price hit $40,000, the price was down. And now the price stays at $35,000 without any sign to increase again or decrease for more. But I am sure that the bitcoin price will increase, and it will break the other high price because I feel that the bitcoin price will not just stop at $40,000. We need to be patient this time, and we have another time to buy bitcoin at $35,000, so use it for our own good.

Actually, it would be great if BTC increased, especially if it has now reached $ 40,000, but if it is not accompanied by the increase in altcoins it feels nil, because so many people want altcoins to increase too, so that there is no gap between BTC and altcoins,  but now BTC has started to fall, hopefully altcoins don't sink ...

Based on the three bulls running over the past decade, Bitcoin's current price rally has the potential to peak in December 2021, indicating a move of up to $XXX,XXX (per coin).

We will have to see in which stage of the market cycle we are in, some people believe we are in a position similar to the end of 2017, if true then this means that a crash is imminent and that you should prepare yourself to sell your coins, but there are others that believe we are in a position similar to what we saw at the end of 2016 which means that this is just the beginning of the bull run and a price like the one you are predicting will most likely happen during this year.

But there's a correction happened already, this might be due to those investors who take take advantage the increase. The current price is over $34k, still a good value to speculate that we can expect a price surge in the coming days or months.

Anyways I think your price prediction is unrealistic. My guess is we can reach $50k value this year if there's no bad news that can affect crypto as a whole.

Wont really be that simple mate because this would really be just like a roller coaster ride.So you shouldnt expect that we would really be heading up there too fast.

Look at the price now? We are tanking on 30k+ above price which i do consider good and might be preparing for another run but it isnt an assurance.

Its good to see that we do broke up resistances way too fast but always be careful towards your investment decisions.

Bitcoin was not able to bounce back again to the 40k rate and based on my prediction if this year bitcoin will not touch 100k again. It's been a long time since the last dump happened with bitcoin.
When bitcoin gets rally and it doesn't mean the rally will be going for a very long time.
The whales will never pour all of their money to pump bitcoin and crypto.

Now, in fact, the world has accepted bitcoin as a digital asset that is valuable and has high value. in my opinion at 40K USD as the highest point later in the following year it is not impossible that the price will reach 100K USD, Nothing is impossible now in Cryptocurrency

Although it really hit the $40,000 but i think it is just temporary because it almost go back to $30,000 again in which it almost create an anxiety to the Bitcoin enthuasiast that might trigger a bearish market again. So I think $100K is impossible because of the sensitivity of the market movement and some Bitcoin events.

Bitcoin's volatility has been declining since its “crazy” ups and downs during the 2017-2018 period. Some pundits believe that this is a sign that the digital currency is finally "maturing".

I am sure the price of bitcoin this year will skyrocket

It's not yet being accepted as you've said. Although many have adopted it as an asset and is good for a long term hold as a store of value but not everyone will agree into it.
The price tries to go back near to $40k at this time and $100k is all what we wanted to see very soon. It won't be long, maybe at the end of this year, or half quarter or 3rd quarter, we don't know.

The breaking point was wall street coming into bitcoin and ever since that we couldn't hold bitcoin to a low level, it has increased incredibly. As long as this wall street invasion continues, the price of bitcoin will keep on increasing as well. I would say the best thing we can hope for right now would be both wall street coming in, but also they make the price a lot higher as well for us, and get out if they can without dropping the price too much.

If wall street comes in a lot, makes it 250k per bitcoin, that is not a great thing, that makes newcomers jobs a lot harder, it would be harder to find people who will invest into bitcoin, only big corporations will do it, and that means it would be like fiat, where rich people will make themselves richer while poor people are too poor to get involved and make some money, hence why I think it is both good but also bad.

I have predicted it and all of these rising price is because of institiotional company started to buy bitcoin and halving which happen last years, it will goes down littlebit before it can goes above $50k, dont sell your btc now ! Because they will shaken your hand before it rally again.

Realistic estimate for btc at this year I think $ 50k I think it's easy to reach. because we know that currently the effect of bitcoin pump and dump is still large, if you expect at a price above $ 100k it seems difficult to be able this year, but we can hope for the good of bitcoin in the future

Sometimes I wonder and question it to myself whether the volatility has really decreased because of the market matures or it's just because the value of bitcoin is so high $5K down in matter of day is nothing strange any more.
I mean, if the  $5K correction like a week ago were to happen to bitcoin when the price is around $8K i'm pretty sure everyone gonna go crazy but because of its former price of $40K it just looks like a small correction.
Though I'm very sure that the market cap contributes a lot to the reduction of market volatility

Volatility didn't really dropped, just the price got really high and that's it. Moving from 1 dollar to 2 dollar is easy because it takes a lot less money, going from 1 dollar to 30 dollar is still cheap and can be done very easily, but going from 20k to 40k is tough, it did happened very quickly but required tens of billions of dollars. Hence back in the day we had like 30x increases whereas having 4x shocked the world right now, that is the difference we have right now. So, the volatility did dropped obviously but the price amount is super high so the volatility in the dollar amount increased by hundred fold as well.

Someone who had 1 dollar of 1 bitcoin had 30 dollar worth 1 bitcoin, that is only 29 dollar change, but its 30x increase, whereas nowadays someone who had 20k dollar worth 1 bitcoin has 40k dollars worth 1 bitcoin, that is 20 thousand dollar difference but only 2x increase.

The truth is that we are facing unique circumstances that make impossible to predict what the market is going to do from now on, while it may seem an important correction is in order since the price has been growing a lot during the past year at the same time the governments around the world are not stopping at all when it comes to money creation and that is a good thing for bitcoin, so while a price of 100k may seem to be too far away if the economy worsens we might as well reach it during this year.

It doesn't seems the price is going beyond this $40k as it appears now considering the dwindling of the price since it was around $41k about a week ago. And the Cryptocurrencies market experts also predicted that the price would start to fall in the first quarter of 2021 which we're already.

If at the beginning of the year Bitcoin managed to reach a price above $ 40,000, it is not impossible that this year it could reach a price of
$ 100,000- $ 200,000. Because indeed Bitcoin price movements are very difficult to predict, but seeing that many institutions decide to invest
in Bitcoin. It makes me even more optimistic that throughout this year Bitcoin will run a bull run, indeed the Bitcoin price is still correcting.
But based on my 5 years of experience in the crypto world, the Bitcoin price recovered very quickly. So in the near future Bitcoin will soon return
to a price above $ 40,000 again. Then it will continue up to reach a new all time high.

people are always predicting this, it's just that we didn't know that this month the price of bitcoin actually hit the price of $ 40k. however, for now, I am assuming that the price of bitcoin could easily hit another $ 50k when the price is rising. however, the current price is also quite vulnerable to decline. it's just that, if I had bitcoins, I probably wouldn't sell them now. well, we know the current moment is quite difficult to sell bitcoin because of its huge potential.

It seems that things are not going to be as easy as people thought, right now we are seeing an important decrease in the price of bitcoin, from the information that I have gotten over the the previous days it seems that right now the only ones that are buying or selling bitcoin are retail investors and not institutional investors which are the ones that generated the bull run that we are seeing this means that from now on it is going to be a lot more difficult for bitcoin to grow and surpass the 40k level.

The current fall seems to bring more weak holders to dumped their assets.

With the continuously dumped, it's tough to reach more than $40K traders and investors are aware that correction may happened after that earlier pumped, some are liquidating and waiting again for this good opportunities to buy back and  hold more assets, and some are just quitting and enjoying the profits that they've got.

The price of bitcoin always influences this market we always know it, but the current trend everyone has is feeling a bit similar to when we expected it to surpass ATH $ 20,000 the first time. And I see a lot of people are scared, but nonetheless, like you said, nobody knows what the future will be like and so does bitcoin. The confidence in alt season will be great if news happens, I believe we will have more surprises soon.

But now the price dump but I believe it is a good opportunity to have bitcoin the more have this coin now once price pump possible to reach the 50k dollars still this month. But this week I hope we broke again the 40k dollars because sadly to say that many investors are panic selling that cause to dump the value and I hope no dumping again will happen this January..

But before you posted this Bitcoin dumps again just today , Bitcoin price Fall down to 28,000 level just today and we can check the graph in market cap.

https://coinmarketcap.com/

though recovers now at 31,000 yet this is a bad implication when we are near heading 50,000 but made another dumps.

JPMorgan Chase & Co. speculated that a bitcoin could soon be worth $146,000 if Bitcoin starts to pull more money away from traditional gold buyers, which the researchers think already may be happening.

I'm so happy that bitcoin broke $40,000 price but speculating bitcoin to reach $100,000 seems impossible but there is a chance that might happen this year because bitcoin is unstoppable we think that if bitcoin reached $20,000 we expected that it will go dump but no it keeps increasing until it reached $41,000. Bitcoin is always surprising us so no doubt it might happen this year.

Amazing, isn't it? Who knew that 3 years later Bitcoin would've reached a new ATH? Those who bought Bitcoin at $20k per coin by the end of 2017, would've doubled their investment by now. That's the beauty of Bitcoin's price volatility. If you take a closer look, you'll notice that Bitcoin reaches a new ATH after each block reward halving. The last halving took place on May 2020, and now we're experiencing a bull market run. Altcoins largely benefit from Bitcoin's upward movement in price. While now prices per BTC have declined, it shouldn't be long enough before we grasp $40k again.

Nonetheless, I believe that the best is yet to come. $40k per Bitcoin may be only the "tip of the iceberg" as the pioneer cryptocurrency becomes more popular in the mainstream world. Many people are eyeing the price goal of $100k per coin within a couple of years from now. Once that happens, many early adopters will become filthy rich. It's best to "hodl" as much Bitcoin as you can so that you can reap lots of profit in the future. As long as Bitcoin works as intended, nothing else matters. Just my opinion :)

That kind of recovery gives me hope, because it shows that bitcoin is not ready to go down that much yet, whenever it goes down we end up going back up and that is a good thing if you ask me.

Of course it is not going to be that great for a very long time, but it could potentially be decent if it keeps up. Like maybe go to 35k+ once again? That looks quite possible right now, and if that happens that would be recovery of all recoveries that we need right now, we don't even need 40k+ right now, sure that would be awesome if it happens but instead of staying around here and trying to go down again, I would rather have 35k+ once again, that would be a lot better.

In that case we are going to actually end up with a decent base and we will show the world that we are not ready to go down to under 30k just yet, because everyone would see when we tried that, we went higher.

I hope that this year Bitcoin will surprise us all again.
Certainly not because the price will go down like 3 years ago.

$35k per Bitcoin seems to be a more reasonable target in the short term. For the long term, we should expect higher prices than $40k. Bitcoin's uptrend in price has certainly benefited some altcoins on the market. Ethereum is growing close to Bitcoin, reaching new gains in price at a fast pace. With Bitcoin now within the $32k - $35k range, it's the perfect opportunity to accumulate more coins before prices bounce back to $40k. At least, Bitcoin has surpassed its 2017 ATH of $20k per coin. The next block reward halving will have a positive effect over Bitcoin's price, allowing it to reach even higher prices than $40k per coin. That's thanks to the deflationary model of the pioneer cryptocurrency.

Nonetheless, the new ATH is certainly good news for early adopters. But this is just the tip of the iceberg. We should be able to reach a new ATH soon, as Bitcoin becomes more popular in the mainstream world. $40k per Bitcoin is nothing, compared to what's coming next. With many people talking about Bitcoin reaching a price of $100k per coin in the future, the reasons for "hodling" it in the long term becomes stronger than ever. Just my thoughts ;D

I have a feeling Bitcoin price will surely touch $200k, looking at the prior bull market and how the price perform, we are hitting $200k December 2021 or January 2022, please do not get carried away when we hit these prices, start talking profit because the market is set to hit another bear market after bull run like this

Currently, the Bitcoin rate is $30,697 and it's dumping :(. 24h Price Change$-1,259 (.04%) so most of the altcoin also dumping. I am waiting for an entry at the Bitcoin position. The current price is not good for taking a trade, so why waiting and following the market trend.
We all know Bitcoin hit a new all-time high, and it's a good time to make a correction. So it's very common near to me that Bitcoin dumping. Also waiting to take a trade at Ethereum, my order is in $1100. Hope my order will fill today

Wrong , It is not stable at 32k because few days ago Bitcoin fell to 28,000$ level and not again Fell down to 29,000$

https://coinmarketcap.com/currencies/bitcoin/

Meaning there is no Stability on the market of Bitcoin now, it continues to Up and down this couple of weeks and it seems like there is a surprise coming

Either to FALL HARD or to GROW HIGH..

I believe that today there are natural processes in the cryptocurrency market. Do not be surprised at what is happening or panic, because during 2016, 2017 there were several deep corrections that at some point dropped the Bitcoin price by more than 30% and I believe that this year we should expect the same trend. Although I think the market looks more stable than at the time.

corrections at the beginning of the year have been made and this can be a worrying sign as well because it had fallen below the $ 30K price even though there was immediate improvement, but the improvements still could not be boosted to stabilize at a price that might be easy to move up, if there was another drop below $ 30K it would be it could be that bitcoin will drop even more. although confident this year still bitcoin will increase high.
at least there is an opportunity for investors to be able to buy and hold it.

It seems bitcoin doesn't want to drop below 30k usd, day by day the price of bitcoin is skyrocketing. Bitcoin is already 52k usd, slowly but surely.
did anyone miss the train?

and now bitcoin price growing more and break the $50K level, maybe this year the target price is about $100K my friend
by the way, ethereum also has a chance to grow more too and will break $2000 in the near time i believe that
but remember to prepare for a huge dump anytime mate, because market will not always up

Well i think there is a great posibility that bitcoin price will move to $100k because bitcoin price today is at $53k and we are now on the first quarter of the year 2021 so the big posibility is there and also see that the price of bitcoin today is really fast moving, and if it will going to continue rising there is a big posibility that it will reach  $100k.

It really has. There's no doubt that bitcoin will be there someday. It could be this year and that's what most of the people are thinking right now. After watching bitcoin's price move to a very rapid increase, that's something to be observed throughout the year.
No one's thinking about the bears right now and that's what the others are making it scared because everyone is becoming greedy.

I'm surprise that bitcoin price reach more than $50k this seems adoption in this industry is growing. Also altcoin are joining this bull run season in the market. For the very first time it reach high and many users are enjoying the ride. So there is still the chance we can see bitcoin at $100k or more, let's see then.

I am very amazing by the current price of bitcoin, the price continues to pump, as if the fuel pump is endless, the price continues to rise every second until the price soars very high

The positive sentiment from Elon Musk and the increasing number of industry hold Bitcoin made the circulation of bitcoin limited. now the price of bitcoin has increased. I think a lot of people are benefiting from the current increase in bitcoin prices. especially the current holders are excited because they get high profits

I am not surprised if BTC can break through $40,000, in fact I believe BTC can exceed the price that the OP mentioned, because I see the growth that BTC is experiencing is extraordinary at the moment, and I think everyone are enjoying this good state, including other altcoins.  Which could also develop due to the positive trend that BTC is experiencing,

Currently, bitcoin price continues to increase, and reaches its new ATH. even now the price has reached $ 57k. This price will probably continue to rise until the bitcoin price can reach $ 60k. I don't know how long the price of bitcoin will increase, however, it looks like for people who are looking for a bitcoin price of $ 100k will soon be realized.

bitcoin has done amazing things for the past few days from the 16th to the 21st every day it continues to revise its ATH, yesterday the 21st ATH $ 58,640 if this continues then to reach the value of $ 60K will be easy to do in a few days and to $ 100K will be made in the next month.

even the price of bitcoin will be phenomenal with renewable ATH, for all those who have not prepared, there is still time to pay in installments so they can get the opportunity to also enjoy the increase in bitcoin.

Yes, ATH after the new ATH passed and is on its way to a new, higher ATH, no doubt the bitcoin movement continues to increase which makes big players and well-known companies interested in buying bitcoin in bulk and lots of good news that makes bitcoin prices fantastic.
and most likely to reach 60K in the near future will be realized as the current price is close to that price.

Bitcoin needs more and more support from institutional investors but it looks like a small correction is happening right now. This is also affecting the major altcoins in the market like ethereum, binance and many more. I think that 60k can be surpassed by bitcoin easily. As long as the bitcoin can sustain at this rate.
It looks like another opportunity to buy bitcoin at the dip price is coming back again. There must be big news to create another hype

That correction isn't a lot. We get to see it from time to time whenever bitcoin has moved to the top. Having that said, $60k could be the next top that we might see once this correction is done.
Get yourself some cheap bitcoins while you can or we might not see the lowest that it did for this day.

Maybe you have now seen that bitcoin is not what you expected and even continues to make surprises by creating renewable ATH every day. In fact, the last ATH created was $ 58,640.77 on February 21, 2021.

even though it was in the morning of February 24, 2021, it fell to a very sharp price of $ 48K but slowly and with certainty finally bitcoin could go up again at $ 50K, and there is always the possibility of creating another new ATH.

but with prices which are currently stable, it can actually be profitable for altcoins to move up so there is a chance they will make their ATH, because altcoins are closely connected to bounties, obviously a lot of hope is aimed at it.

At the end of the day this increase was caused by billions of dollars all coming from the huge companies, but they bought it and made it higher but they did absolutely nothing about stopping it from going down. If they bought it and just stepped aside, this means now the regular buyers and traders are fighting against sellers who now sell for so so much more money, there is an unfair advantage at sellers because they are selling at prices that companies brought us when the buyers never took advantage of that situation and made a profit since all the profit went to companies.

Long story short it is not enough to just buy and hold, those companies should have a huge support line and buy order if the price drops to certain levels so that we could end up with a decent support line that stops us from going any further down. I know it will be difficult but it can be done.

I guess everyone are waiting for a price correction but i do bet that the price correction was only just a little correction. And it all because bitcoin was now already a trend and the market value were keeping on surprising us who would expect that it would cost a $50000+ each bitcoin and no doubt that it will keep on pumping. And no one knows when this bullrun gonna stop. Aside from the fact that it is volatile also it was unpredictable so expect the unexpected.

As predicted earlier, Bitcoin will soon surpass its ATH in 2021, this is a very extraordinary achievement after the last time Bitcoin experienced an increase in 2017. Seeing the increasing market conditions, Bitcoin can still hit the $50k- $60k mark per BTC. But to hit the $100k- $200k mark, impossible to achieve this year

There are many newcomers who are also willing to take the risk, with them joining the fun this correction didn't take a long time. It's now again trying to move up and brings another interest. By looking with the current situation more people are rushing to invest and trying to
collect those cheap coins that's been sold by holders who already earn or also those who are weak who are fearing to lose more money.

Well i think bitcoin will touch $100k at the end of the year $200k is quite so high maybe it will reach $200k but not this year this i really the first time that bitcoin touch to $50k it means crypto is now slowly become more popular and many people maybe use it and believe on it this time.