Bitcoin Forum

Bitcoin and cryptocurrency prices have jumped today with ethereum rival cardano making a huge leap higher—even after Coinbase revealed an ethereum surprise last week.

The bitcoin price remains off the closely-watched $50,000 per bitcoin level but ethereum has climbed back over the $3,000 mark after dipping under it earlier today.

Now, as cardano and solana make double-digit gains and outpace other cryptocurrencies, famed investment strategist Lyn Alden has predicted bitcoin will hit $100,000 and ethereum will reach $5,000 as soon as next year.

Reference (https://www.forbes.com/sites/billybambrough/2021/08/19/crypto-price-prediction-bitcoin-could-be-about-to-soar-to-100000-and-ethereum-5000-as-cardano-and-solana-suddenly-surge/?sh=525341a456b7)

If we get to have the same price cycles as the previous bull markets at the end of the year, $100k is very conservative. Even Raoul Pal is predicting $200k EoY if my memory serves me right lol. But then again, it's a huge 'if'.

Or as soon as within the year. After all, the year still has around a hundred thirty days left before it closes. That's a lot of time for something as volatile as Bitcoin. And we have a lot of proofs to say it is very possible for Bitcoin's price to double in just a matter of 120 days.

$100,000 within 2021 is a goal within easy reach for Bitcoin. $5,000 for Ethereum, I am not sure. But we could say it could create a new ATH within the year as well.

Bottom line: Do you keep ETH, ADA and BTC, currently for sale, otherwise you lose big in this case, moments like this have happened twice this year, Bitcoin has already touched the $60,000 level, this is nothing new, just people thinking they will take profit twice this year.

Talking alone does nothing in crypto, only wills, predictions, ifs, and, and, and......

What do you hope for in the future, if Bitcoin breaks at the level of $100k, do you expect Altcoins to want to follow in the footsteps of Bitcoin.

This is a very good question.
There are a huge lot of people with investments/bags in altcoins and of course all hope the altcoins will grow too.
Even more, there are "analysts" coming here and there feeding the hope and telling that altcoin season is just around the corner.
I won't be lying, I also have some relatively small amount of altcoins which I hope they'll recover, but I'm very far from "expecting" that.
And I'm also curious on what OP thinks on this.

However, first things first, let's see where will Bitcoin "end up" this year. 100k+ looks easily achievable.

Shitcoins such as Ethereum are already over pumped and even though they have been dumping for the past 3.5 years they are still overpriced (in a bubble) and have to be dumped more. For ETH a price around 0.0005BTC would be a fair price.

As for bitcoin we are on a slow but a solid rise back to the real values to get out of this reverse bubble. When price reaches $60k again we will see $100k shortly after and from there we could expect the start of the next bubble which could form in first quarter of 2022 at somewhere around $400k to $500k.

Whatever price BTC lands this year, don't forget to cash out some of those profits. For all we know, next year could be very different from what these optimist analysts says. I'm still of the opinion that bear season will come soon following the previous market cycles.

On top of the current trend, altcoins have a stronger push, as it may not seem as sustainable as bitcoin. Bitcoin has a short 33-day correction and consistently breaks higher, this slow and steady rise makes me more optimistic and confident in bitcoin's destinations ahead. Going too fast can cause you to fall. Lol, In the altcoin trend beyond Sol and ADA, don't forget Avax with 2.5x growth. Its promising bridge to BTC and ETH could be the perfect destination for the aggressive expansion the market needs.
I guess bitcoin is likely to go back to $60k in this month

Bitcoin has been setting astounding records over the past few months. This is a great start to 2021 for Bitcoin, in my prediction what 2021 (and the years after) will bring for this cryptocurrency. So far, it will continue to soar until the end of 2021. Explicitly, 58% of the 47 specialists stated that Bitcoin's ongoing rise will continue until the end of 2021.

Bitcoin breaks the record this year, it touches new ATH which is 60k$ before it turns down again to 29k$ and for some reason we saw it touches 50k$ today, good news , social media update from some well known person/company is affecting the price to rise back to top. So it is been expected that the price of bitcoin will be 100k$ before year end.

It's because that is bitcoin natural movement, take aside FUD, the price will have to dip so that everyone can get on the boat again and push the price.

It might take like 4 months to climb back to $50k, but it is satisfying to see the price getting to that levels again. And now we have the next 4 months to double it to at least $100k, solid.

Yeah, at the current phase of the bull run, $112-$120k conservative estimates, but as you have said, just a wild and educated guess so let's see how it goes.


I do hope that we can time the top and cash out, but it's going to be difficult as well. Of course, it's inevitable, this market goes on a bullish/bearish cycle. But it could be that we might a different cycle as we all know that bitcoin's narrative has change. We might see two super cycles or bull run or one long bearish cycle.

Hmm.

SOL made the highlight and it is its year and that's why those holders who have a lot of it, do not forget to take your profits.

And for $100k for bitcoin, it is the prediction of majority.

If there is no need to cash out, I don't mind going through another bearish cycle. For long term investors who see Bitcoin's bigger potential 5 or so years from now, there is no need to guess the top and cash out. To those who are foreseeing another long bearish cycle, then I guess another ATH or $100,000 is a good target for cashing out.

But we had just some minor corrections once we touch $50k, just normal movement for me as speculations taking their profits, or investors having their bots to take profit when we reach this certain price. However, I don't see it going further down to $45k, we have upward momentum already and we can go back to $50k once again after this selling if is completed in about 24-48 hours. So yeah, it is closely watched right now, but the exciting part is that when we reach new all time high or that 6 digits that everyone is hoping to see before the end of 2021.

That's right, bitcoin has soared fantastically today with ethereum and other coins also making big jumps this week, what an amazing month for people who own bitcoin, ethereum and others.

There is a possibility, both at the end of the year and at the beginning of this year, that bitcoin will reach $100,000 and ethereum reach $5,000, if you look at the condition of cryptocurrencies at a very good time at this time, what else has been forecast made by Lyn Alden as a strategist investment.

We've had so far a pretty steady growth in the past month ever since we got out of the pit and has been consistently obtaining gains every week or so, and hasn't really shown signs of actually stopping. We're 4 months away from the year ending and honestly, $100k isn't that far out of the question. I hardly doubt any correction or so would actually happen since the increase wasn't really sudden or whatnot, it was rather steady for the past month or so instead.

I do believe too that the bear is around the corner maybe ending of the year like what happened in 2017. Bitcoin is easily rising this year more than it goes bear. It comes back strong after a bear and we are seeing that at this time that it immytouched $50,000 which may climb more but we need to be careful to allow the profit keep growing, let it not crash in our eyes  ;D

i like lyn alden's insights but she is for long term trading.

ADA seem to be at its peak, i think its about to go down already. i would probably wait for its bottom again before scooping  ADA. its BTC that is going to be a lot higher or it coukd just go sideways for weeks again before breaking out 50k.

Many predictions have been made. Many so-called analysts predicted that X Coin will reach X Price in X amount of months or years.
There is nothing wrong with them though because I myself can predict any price that I want like them. Just don't take their predictions seriously :).

As for Bitcoin reaching $100,000 and ETH at $5,000 as early as next year, it might be but base on what is happening right now I don't think that it will happen early next year. Maybe at mid-2022 or at the end of 2022 then we might see those 2 hit that price. Well, those 2 prices will reach eventually so its just only a matter of waiting and accumulating.

But I think if we are also honest,,, we also realize it is very obvious that the price gains in every cycles becomes less and less (looking at percentage from old ATH to new ATH). And the last one it was only about 15x if I recall so 20k to 100k is "only" 5x. But that kind of makes sense,,, though even 200k means 10x which is still a reduction in ATH to ATH.

I also think that in the end of 2022 Bitcoin can easily hit $100k. Because day by day Bitcoin popularity increase among all the people in worldwide. For this reason most of the richest people started invest their some percentage of money on Bitcoin. So Bitcoin price increase day by day. Also Ethereum is a good coin. I think Ethereum price will hit $6k in the next year.

what we need right now is a strong push in the market so that the bitcoin price can rise again even if it is slowly, but if we look at the adoption of bitcoin that is now starting to be carried out by large companies of course it is very likely that the bitcoin price will be able to reach $100K by the end of 2022 later and maybe even the price could be higher if the market continues to be driven by positive news news.

it could be yes and it could be no analysis can happen but what is certain is that the halving effect that should have occurred at the end of this year has not yet occurred, so I actually believe that by the end of this year everything can be achieved with the price that has been estimated according to what you mentioned.

ethereum is indeed a good coin but all altcoins are always affected by the movement of bitcoin and almost don't seem to be able to move on their own. if I really believe that what you say could be true and will happen, but I believe more that it will happen at the end of this year. The movement of bitcoin to reach renewable ATH is quite fantastic, so other altcoins will follow suit.

Hopefully, next year still becomes a bullish market trend, not a bearish market era.
I am wondering, still, because some are predicting that the end of this year is the end of the bullish era. And some others are predicting that it will be still ongoing until 2022.
let's see.

Btw, some predictions may be changing very quickly once there is very good news or even a big FUD that can make the market dropped very significantly and quickly only in few hours as we have experienced several months ago. Hopefully, really, there will be not kind of this big FUD again nearby.

We should also consider the Bitcoin dominance here.
With all these altcoins started to popping everywhere and huge pumps happening, it makes Bitcoin dominance decrease.
As you experience when Bitcoin dominance below 50% last May 2021, it starting a hard time to stay above 50% again, even a few weeks ago Bitcoin dominance tried to break 50% level but failed, that's why we are seeing altcoins pumping everywhere.

These predictions have been said last few months ago, now the development has an amazing journey as $50k was touched already. For now, there's a little dump which also gives opportunity to somebody who's still eager to buy bitcoin and other potential alts.
For solano and cardano, I guess investors was started accumulating their assets for future rally that's why random increase accumulates well.

The past few months were tragic so I don't know what you are talking about. I am happy the price is going up now because at one point social media was bullying bitcoin and Elon announced that Tesla will no longer accept bitcoin which was a really tough time as a crypto investor.

Not sure if the good news from big companies is pushing the price or it's the other way around. When the price is going up everyone starts praising and even some companies start accepting bitcoins while if the price is going down, they will start talking negatively around bitcoins and some will even disallow bitcoins payments.

I also wish Bitcoin price was like that. If Lyn Alden predicts $100K the price of Bitcoin next year I think it's too high. Indeed, you call him an investment strategist, but I do not agree with that estimate. If he had estimated a Bitcoin price of $65 to $70, I think a lot of people would agree.

While indeed Bitcoin dominance decreasing means the funds getting into crypto get diluted, I don't think that they'll matter much when Bitcoin next leg up happens. Because then Bitcoin will get back a big chunk of that money and altcoins will not follow or even fall (Bitcoin dominance will rise again).

I think Lyn Alden prediction could come true or maybe his prediction could be wrong. For that, my advice if you want to invest in crypto, it is better to invest your funds according to your ability, so that if there is a severe weakening, you do not run the risk of a very large loss.

Well the best strategy is always invest an amount that you can afford to lose. Because even if there is a lot of good news and it seems that the market in a huge bullish trend, there are still a big possibility that the price may drop and we will loss in short crypto investment is totally risky investment and we need to be careful on every decision that we make.

more honestly speaking this guy who made this price forecast did not specify the month of next year in which he believes the price could be 100,000$ per bitcoin and $5000 per ETH precisely because he was afraid of making a mistake and being charged in the next year. But I have to say that for the case of ETH it is easier to reach $5000 next year than bitcoin to reach $100,000 next year, for bitcoin to reach $100,000 next year it will be an easy task, there has to be a lot of demand and more has to be sustainable demand and this is not simple

Not only the best but the safest thing for us to do since if we put over to the amount we can afford to lose especially if the amount we used is borrowed or loaned amount then for sure we will get panic which happen always to our fellow traders here. Correction always happen once the price goes up but what good thing there is for seeing the great changes towards the market and those correction gives us chances to buy again or for another round to earn from the upcoming bull run that might happen soon.

If we are going to look at the S2F modelling, bitcoin can even hit $100k at the end of the year. I know it's a long shot but that model seems to be align and on schedule. I can't speak about Ethereum though, it's also on the bullish phase after it's hard fork, surpassing $3k and then sustaining it's growth.

In any case, if the bull run continue up to the beginning of 2022 then there is a big possibility that we can hit these predictions easy.

We should anticipate the price drop that can happen anytime by not using too big money if we do not have more analysis so we can buy back more when the price really down. The drop in the price will happen in the crypto market and we must be ready for that so we do not get a big loss in the investment. There will be many surprises for the crypto holder this year as the bitcoin price can increase back to the high price and who knows, the bitcoin price can reach $64k in a short time or before the end of this year.

Yeah, to a certain extend, but dominance should be factor that high as altcoins can artificially pump their trading volumes, and other numbers affecting altcoins dominance.


NFT's, staking, hard forks are some that cause that altcoin market to pumps.

As compare to bitcoin wherein we have a FUD coming from China and then the Elon Musk effect. And also the hash rate drop. But it seems that it is over as the price is climbing back to $50,000 at least this month alone.

That's a good point but technically shitcoins are always pumping all year long even during the bitcoin bear market there are shitcoins that are pumping (then of course it all ends by dumping). The difference is that sometimes the bigger shitcoins get pumps and as you said there is a surge in shitcoin creation (with things like ICOs and nowadays NFTs) so the market cap ratio (which people naively call dominance) changes more than usual.

It seems that only Solana (SOL) remains double digit increasing in 7 day cycle .

wondering what really happens inside this community why the pump seems not have been stopping?

to be happening next year then best to wish that bitcoin will at least step back to 60k this year.

because if not then there will be troubles reaching that target of 100k in which so many prediction happening now about that hype.

It would be nice to know how you arrived at that conclusion of Cardano being ETH's rival which I find amusing myself. Would you mind explaining that?

It's a great feeling to read or listen to people FOMO on Bitcoin. As a Bitcoin enthusiast I find it welcoming. However, to FOMO on Bitcoin isn't where the whole thing ends. It's the realization of it that matters. Truth be told, I'm not bullish on Bitcoin next year. History has taught me to expect bearishness a year after every post Bitcoin year and I'm sticking to that. To that end, I don't see how Bitcoin can do $100,000 next year if it doesn't do it this 2021. There's going to be a descent on the price level in 2022.

I have a prediction like this: I think that Bitcoin price will reach a new all-time-high level in September. As of October, we will witness a new bull run starting and Bitcoin price will start increasing like hell. It will go on increasing till reaching $100k. And I really believe that this will happen before the end of this year. We might see a similar scenario to the one in 2017.

People expect a little too much all at once, the action at the start of the year is exceptional and just staying in this area is very bullish but it doesnt have to mean we continue to repeat such gains especially so soon.   BTC doesnt really move like a rocket or it'd fall back down with far harsher action then the selling we do also see, some of the gains are going to be absorbed by selling at the same time.   We have to judge volume as some indication how easy we can progress, I would bet on sideways mostly.

I predict bitcoin is pumping again and continued gains through the end of 2021.
what we need right now is a strong push in the market so that the bitcoin price can rise again albeit slowly, but if we look at the adoption of bitcoin that is now starting to be done by institutional investors of course it is very very possible the bitcoin price will be able to reach $70K by the end of 2021 and maybe even the price could be even higher if the market continues to be driven by positive news.

Many of us predict the price will be at $70k-$100k but we do not know which prediction will be right and we can only wait until that time. Bitcoin is now getting strong, staying at $49k-$50k and it can increase this month as when the support becomes bigger, that can lift the price to the high price. This year will have much good news from the big companies that want to invest in bitcoin. That will surely boost the price because people will see that bitcoin will have a chance to rise more.

The thing about bitcoin is that, if you believe that bitcoin will be 100k, then you buy it, not exactly you or me but generally people buy it if they think it will do 2x. If people start to buy because they think it will hit 100k, then the price will start to go up, since buying means increasing the price, it doesn't even have to be 100k, it will just go up.

When the price goes up a bit and everyone is still saying 100k is there then others will start to believe because many are saying it will go up and it started to go up and then more people start to buy it. What happens when more people buy it? The price goes even higher and eventually that becomes the strategy that sees bitcoin go to 100k overall. I do not know if there will be enough power to push it, but it may happen.

Its called prediction because no one do knows on where would price would go and this had been always like this because this market is unpredictable in the first place.

When making prediction then we do simply make out some analysis even though it isnt precise but at least it is way more better rather than on having pure guesses which is simply doing that gambling act.

There are several resources which you can use that you can find online and it all matters on how you do deal and put effort on it.

I like that to happen but I rather stay my speculation and prediction, not on that price ceiling or floor level. Creating such a prediction is just creating hype with no strong basis.

The chart is just telling us where the trend should be headed not to predict the exact thing that will happen.

Expecting $100,000 by next year is somehow not realistic for me even I'm a bitcoin enthusiast.

Although there is no 100% accurate prediction, but at least it can give us an idea of the steps we can take, than we just guess at random.
Because investing in crypto is not gambling, we can do research and analysis to be able to predict the movement of crypto in the market.
That way the decisions we take can be held accountable, it means that everyone is free to make predictions about crypto price movements
in their own way. Most importantly we must respect each other's predictions, even if they do not match the predictions we make.

Most people predicting the price are actually predicting the intrinsic value of bitcoin which means the $100k to $200k is a good guess that is closest to the intrinsic value. But that is not going to be the peak. Just like 2017 when something around $8k was the intrinsic value and you are right about not reaching it like a rocket but bitcoin has never stopped at the intrinsic value ever. It will shoot up more like 2017 when it went up to $20k it will also go to $500k in 2022.
And only then it can have a bubble pop.

Exactly. People still buying from small fractions and hold or trade and make money from bitcoin. Many people hold their bitcoin and many of them believe that the price will hit $100k, no matter they do not have the right time when that will come.

The price now increases to $51k and if everything goes right, the price will break $52k and so on until the price will be back to $62k-$64k soon. The trust from people also increase and with many big companies invest in bitcoin, that makes them feel more confident that bitcoin price really increases in the future. I believe that there will power push the price and many people are waiting for that time by accumulating more bitcoin.

With having prediction, we can prepare ourselves for what will we do the market goes in the other direction so we can know what thing that we need to do. We can also know if we should enter or leave the market for a while and prevent buying bitcoin at a high price.

But it will need more practice to make analysis since that will need to learn many things. And if you can learn from many lesson, that will improve your skills in analysing the market. The key in the analysis is practicing of the lesson that you got from the sources so that can give you a feeling where the market will move.

Exactly.
Some people thinks Bitcoin tend to skyrocket non-stop once It is on a bullish run. Assuming nobody would sell at $60k, $70k, $80k, and so on..
Let's say Bitcoin reached $100,000 just before 2021 ends. What would happen If the whales and institutions decides to sell at this current level?
Does $200,000 by the end of 2021 remains a realistic prediction?
When Bitcoin tends to break a strong resistance, there will always be a short pullback because traders and other retail investors are selling, how much more If Bitcoin touches the 6 digit figure?
Well, I could be wrong here, but I as well is basing on the most realistic things to happen.

approximately more then three months left for end of this year 2021. I think its a long time and anything can happen before end of this year. Crypto analysts are very much confident that btc will touch 100k in this bull run, ether will reach 5k and bnb would 1k or more. Those are realistic prediction but should be aware.

What people from big nations do not understand is the fact that people like me who are from poor nations are making a living out of crypto, we will not let it go because I am pretty sure there are millions upon millions of people all around the world working very hard to make a living from crypto.

I am not going to be ungrateful and say that it is hard, it's not, it takes time but it's like a very simple thing that takes time, like washing a car for example, not a very difficult thing to wash a car but it's not over in 30 seconds neither, plus you do that all day if you are a car washing business hence why there is a big business there too, easy, takes time, profitable just like bitcoin.

When the situation is like that, and people from bigger nations uses this chance to hire lower income nation citizens, how could bitcoin ever be down? It is not just about price being up and down, it's about how much bitcoin changes the world and because it changes the world so much, the price of it will never be too low and will always go higher and higher the more people get in.

Most people is been eyeing on the end of the month of a particular year since these months on where big events or things do happen which i wont be surprised if it do happened on this year too.
Yes, we do still have 3 months left but for those who had bought earlier in cheaper price then its better to make some TP and find for another opportunity when theres dip.Hodling is something
i cant really just afford to do so since im really that too impatient on holding for too long.On this market we do continually making speculations.

we have seen many chances of growth in December indeed , but also there are times when market go sideways instead of pumping so this is not certain at all.
if they are strong enough to sell and buy again then be it, otherwise many of them are still holding till now.
most of people like you cannot stay holding not because you are impatient but because you are afraid of losing as you only has small capital.

Bitcoin will definitely reach that price of 100,000 USD but i think that will not happen this year and maybe not also next year, the only who can say that is the big gamers on the market that they can play cryptocurrencies or what we call big whales, what we can do is buy now just wait for Bitcoin to reach that price.

I see that the bitcoin price is currently in a fairly positive trend after successfully passing the main resistance level, and from some analysts I've read, if the current bitcoin chart suggests a long-term bullish indicator, it is likely that the bitcoin price will rise quite high in the future.

Indeed. What you are saying is right because, with the growth of the popularity of crypto, it attracts more attention from the people and uses crypto to solve their financial matters. They will still use crypto to make a living, especially if they are hard to find in real life because using it allows them to have the investment and have a way to make money.

Sooner or later, people from many countries will realize the existence of crypto and they will see that crypto can be their way to make money so they can still survive in this hard situation. I believe crypto can change the world in the future, especially if crypto can help our lives make money and be applied to real life.

Makes sense to say that everyone is predicting an "instrinsic value" but all those predictions in general are TA, which is based purely on market movement (price as a result of demand and supply).

I never heard anyone say intrinsic value was 8k at 2017 though,,, but I would love for you to be right about 100k intrinsic value. Will there be a possibility the price never reaches value?

The pause doesn't really move like a rocket nor will it fall back with much harder action then the sales we're seeing too, some of the profits will be absorbed by the sales at the same time. We have to watch out for some indications of how easily we can progress, I'd bet mostly to throw it away.
Whale swayed a bit today and fell back to $47k after breaking through $52k yesterday. But don't panic and don't worry, it's a bit of a shake and the market fix is ​​normal.

All the cryptocurrencies is getting accelerating and more especially bitcoin because today bitcoin price rotates like three times from fifty thousand to forty four thousand and continuous from forty four to forty six thousand, so their is every tendency that their is a huge difference between bitcoin increment this year, but i can't fully predict a specific level or status where bitcoin price will be fix as a constant price for the moment, we will continue to watch its price regulations, but i observed that raising of bitcoin price affects other cryptocurrencies, other coin are adding × since bitcoin started making a step.

Let's see what happens on this one, not every Q4 is a big increase but most of them are. This means that if we are at 50k right now, that means we should be something much bigger by the end of the year if it s a "bull q4" like the previous ones. This could result with us breaking over ATH once again, the ATH stays at 64k which is like 20% higher even less which means that we could actually do that quite easily, and I am really excited about the prospect of it.

Whenever we break over ATH, it is like a no big deal thing because we usually break over way higher than that afterwards. Like at one point 1400 dollars was ath and then we moved above that to 20k before we had a crash, then it was 20k and we moved to 64k before the next crash. So, if we have something even remotely similar that means we are definitely going to see 100k or something close to that.

Personally I used to know that Q4 is the best season for cryptocurrency but I know that every years end season were not precisely the same as what it used too. We have our own kind of optimistic price prediction either on bitcoin or in ethereum and everyone were very much positive about the price of these crypto's however it's inevitable that price corrections takes place anytime. Still the end season or the Q4 is an exciting season for me though bitcoin have had a ATH takes place on a Q2 but who knows that it may exceed its current ATH right.

With the brilliant movement of Bitcoin prices in the last year and considering that 2021 has been running for nine months, of course the prediction of cryptocurrency prices in the next year is worth considering. Luckily, many parties have provided predictions so that they can be an illustration for those of you who want to invest in crypto.

At the end of this year we will see the all time high for bitcoin. Analysts are predicting that bitcoin may reach 100-150k and i think it is realistic prediction. We will see bull run shortly.

I think we are in a super cycle, the economy is not doing as well as governments expected and the money they printed increased inflation all over the world, so it is possible they are going to keep printing money to keep stimulating the economy and this will have the effect of increasing the price of bitcoin significantly during the next years as well.

After all at that point the best thing you can have under those circumstances is something that acts as a store of value and right now I see bitcoin as the best store of value and I consider it is above gold in that regard.

In my opinion, There are several reasons why investment strategists including Lyn Alden are very optimistic about forecasting an increase in bitcoin and altcoin prices next year because Bitcoin and altcoin price performance is considered quite positive so far. The performance, which was said to be very well priced in the past years, makes the optimism of the experts about the price increase next year sound quite bombastic, and even seems far-fetched. But if this is combined with other factors such as liquidity, volatility, and a number of halvings in previous years, then a significant increase in Bitcoin and altcoin prices in the next year is likely to materialize as expected.

I am of the view that Bitcoin and ETH will score new all-time highs next year. because Bitcoin and Ethereum have been able to survive the intense correction since mid-May. Therefore, cryptocurrencies have great potential to become an important part of the financial and economic sector in the future.

Present action is above levels that previously held us back such as 47.3k but I'm still waiting for BTC to outlast possible negative trends left 53k high seen this month.   We do have good momentum above 50 and 200 average but to really gain especially we have establish new volume at these higher prices which makes it still an ongoing situation I wont assume we must go higher.
  If dont seal the higher price range we'll repeat once again back to high 30's prices I think as thats the bulk of inertia for this year, it stopped us falling further in the early summer and will likely act similar now but first we speculate if we are to pull back right now or not.

I do not think we are going to have to wait until the next year to see a new all time high for bitcoin and ethereum, all the conditions are there for the bull market to recover strength at the end of this year.

Now some are expecting a crash similar to what we saw in 2018 but I doubt that things are going to happen in that way, and this is because institutional investors are now part of the market, which means that any huge crash or dip is going to be bought by them, so it is entirely possible the bull run extends all the way up to the next year and it could probably go for even a longer amount of time than that.

True some traders or even regular people must see this dump season as an oppy to invest in cryptocurrency, even me i hold my lose coin and i will wait till market will recover, trading and investing is a game of waiting if you cannot you will lose, sweet victory will come to the people who can wait  8).

We are already in a pull back, the average and support of $43k has been broken, hence the price even goes down deep to $41,000. I don't like what I'm seeing because it's a bearish signal in short term. I wouldn't be surprised to see the price still going deep within this month. The volume indicator is very low for a reversal pattern to occur. Again, this bearish signal is only for short term, at least this month, so October might bring a new set of pattern, or a break out run to at least $50,000.

Currently, the Bitcoin price has broken its strong support level. If the current BTC price of 42K breaks the support level of 40K, it is likely to go down further. But overall, many are thinking that this situation will change shortly. We can get the green signal from the beginning of October.

Looking at the current state of the crypto market, it is very difficult to say for sure what will happen in the next year. The odds are almost the same for both a decline and an increase with a slightly higher probability of a fall. Although some experts predict the growth of bitcoin and Ethereum is very large in the future. Considering the current bitcoin price is close to $42,000 and the Ethereum price is $2900. However, how and when the price of bitcoin and Ethereum will reach such high predictions is still uncertain.

cryptocurrencies are in a dilemma after several countries refuse to adopt bitcoin. as a result of this incident the market price slightly decreased sharply from $52k to $42k. In cases like this, it is rather difficult to predict future market prices, will bitcoin stay at $42k and pump again or continue to fall in price. a little worried to decide how to predict the future.

I think it is the opposite, the signs that we are seeing point very clearly to one outcome and that is that bitcoin will go up in price, in effect we are seeing a close repetition of what happened back in 2017, and while it is not going to be and exact repetition we see all the same factors are there and if anything this time around things look even better as institutional investors are now in bitcoin and a country has made bitcoin legal tender.

LOL, what do you mean several countries refusing to adopt bitcoin. If they don't adopt that will be fine, but we have El Salvador who legalized it and then probably Paraguay will be next. As I have said, adoption would come definitely, the main thing is that there should be big online stores that will come first, not countries because that's how bitcoin has been designed, to be used a micro-payment scheme. Nevertheless, adoption is growing, just in a slow phase.

Indeed, the price of Bitcoin has continued to correct in the last week, even now it has broken below $42,000. However, in order for Bitcoin to rise again in the future, there needs to be a positive sentiment that can lift it. There are at least two potential positive sentiments going forward. First, there is still a halving day. Second, the discourse on bitcoin mutual funds is being reviewed by the United States Securities and Exchange Commission. If the discourse is approved, it will be a positive catalyst for Bitcoin prices in the future. With the current crypto market conditions being corrected, my advice is better for you to switch to a stable coin asset or hold Bitcoin for a long period of time.

Quite honestly what is happening at El Salvador is incredible, I always believed that the only way that something like that happened was because there was a massive crisis and governments on an extreme position of weakness decided to make bitcoin legal tender due to the pressure of their population to do so, the fact that it happened so soon and when we are not under those circumstances yet makes me very positive that we are probably bound to see at least a few more countries take that step during the next decade.