Bitcoin Forum

The CEO and Founder of digital assets investment fund BKCM LLC, Brian Kelly predict that Bitcoin could attain $25000, a new high by this year.

Read detail info here: https://coinpedia.org/news/brian-predicts-bitcoin-price/

I can`t see anyhthing new in this article about his prediction.
It`s the same old stuff, about the bitcoin price going ATH every December and this is a repetitive trend.
Again,all the statements that retail businesses don`t accept btc because of it`s volatility.By the way,the btc volatility is actually quite low during the last two months.Brian Kelly`s prediction that BTC might reach 250K USD at 2022 is a joke.There`s no steady increase of the number of daily btc users,nore new online merchants,who adopted btc payments.

Yet another CEO trying to guess the price of Bitcoin...nothing new here. The article would've been a lot more interesting if it wasn't for the fact that he's repeating the same price target by giving the same old reasons as everyone else. Btw, why does everyone keep saying "250k by 2022"? Even after Bitcoin goes mainstream worldwide, 250k still sounds far-fetched to me.

Don't be so negative bro. chill out.

Yeah don’t see why his guess is better than anybody’s else’s, but guess it’s newsworthy cause he’s a CEO and Bitcoin is very topical. But there is a lot of institutional money waiting to come into the market around 8K they say, and FOMO will bring in all the crypto investors once the next bull-market in bitcoin starts - and I think that will take it past the previous ATH and prolly to a plateau around 25K. Will that happen mid-year or end of year or after 3 years like in 2013?- no one really knows but an October to December bull-run this year may build up its own expectations and run on that.

And the $250K 2022 price is based on projecting bitcoins exponential growth continuing for the next 6 years, similarl to what it has grown the last 8 years - and that continues parabolic growth is what would take bitcoin to 1 million dollars a bitcoin in 2025! This is a parabolic bitcoin price chart for the last 8 years I posted on a few forums, with my line of best fit for growth in price projected out 7 years - and you can see the 250K in 2022 and 1million in 2025 - https://imgur.com/gallery/9iF3t . But the important thing to remember is that a projection is just that, and it’s not a prediction as no one knows at all what the future holds - but given bitcoin is owned and used by less that 0.5% of the adult world population now and that should increase to 5-10% over the next 5-7 years I think the 250K and 1 million figures are possible.

Just ignore them since people likes to predict Bitcoin price crazily by claiming ridiculous prices. The article would also be better if the author also included his stronger basis(not just statements said by him/her). Like you I think the price speculated is unachievable in 2022, but it might be achieved in the long run if btc becomes mainstream on many countries.

No he is not the first high profile financier to come out and make a prediction.
And this thread really belongs in the 'speculation' board because it is just that.
We could see that prediction fulfilled in 6 months but overall it is possible
within the next 12 to see a big gain to around 25k

If somebody ask me do I believe in such predictions a month ago, I would say that there is no chances Bitcoin to hit $25,000 this year.

But now, somehow I'm an optimist that this will happen. The market is getting more mature and the world is full of potential conflicts (most economical). This will kick the prices to the sky.

Its always good to hear good news (speculations in this case) that includes Bitcoin. But honestly, it kinda started to be annoying. Hearing same old speculations over and over again, I guess that they do this only to rise their own popularity, people from economic sector I mean. Also, this optimistic speculation that predicts some bizarre price in the future, is only announced to attract new people to market for busting price... nothing more.
But I guess that at the end its better to hear the same old good news every day, than bad news.  ;D

Every form of positivity is welcome, even when it might not sound all that realistic to people right now. On top of that, the majority of the people are surfing the market, where if the price is going down, they expect worse, and if the price is going up, they turn into an ultra bull instantly. I am not all that focused on targets for the market to reach before this or that period of time. I accept that while the market looks quite positive right now, it could also still be going down. If we do happen to reach anything above the $15,000 level this year, then fine, and if not, then it's fine too. I will try my best to profit from each market situation, more can I not do.

Its true what you said, and I agree with you. Also its nice too see that there are other people with realistic view of things. Price of $15,000 would be really good achievement for this year, and its more realistic than $25k if you ask me. But even stable price around $10,000 would be good. I guess that last hype was too strong, and currently people are strongly focused on bitcoins price and expect it to return to its max reach from the end of 2017. But they forget that even $8000 price is good enough, just like you said. When I joined "crypto world", bitcoins price was around $400. So even $8000 is truly amazing achievement.

I'm not being negative, it's all good  ;) 
we all like positive news during a bullish trend, it's part of the game, but you can't deny the fact that almost every day (for the past two weeks or so) a CEO or a random "expert" comes out of nowhere and tries to predict the price and says the exact same figure as the other colleagues (even the exact same time: at the end of the year)...it's not that I don't like these type of articles (I'd rather see the same bullish news than people spreading the same old FUD), is just that...it's getting a bit repetitive, that's all   ::)

Yes, I support your idea. Speculation in bitcoin by the end of period is just a hobby of popular people and analyst in bitcoin. This is not new to me and I predicted it that the good news for bitcoin will impose if there is a sudden change with its price. 250K usd is really far from reality. Imagine how many millions it will jump in just a couple of years? That is impossible.

You are mistaking skepticism for negativity, and there's a huge difference.  I agree with him, because I recall a time, almost 20 years ago, when a stock analyst was predicting Amazon stock would hit $400.  I forget what it was trading for at the time, but it was significantly lower than that. 

It was madness (though IIRC Amazon did hit that target after the prediction, and didn't have the earnings to justify it), and people were predicting the Dow would hit 36,000 (in 1999).  So anyone can make wild predictions.  That doesn't mean there's any substance there. 

It's even harder to guage what crypto is going to do, because you can't analyze any business underneath it like you can with stocks.  You're basically trying to predict what people's sentiment toward bitcoin is going to be x years from now, and I say that's impossible to do.  Something better might come along; new regulations may make it more or less attractive; and any number of things might happen to affect the price.  There's no telling.

I agree Bitcoin will likely never be worth millions of dollars unless the wealth of the world was converted into Bitcoin... Which is highly unlikely. $250k is a crazy number as well, but I personally believe it's not too far-fetched. I can easily see Bitcoin being that price within 5 - 10 years. The crypto market is here to stay, and will not be going away any time soon. On average, YoY it grows significantly. I feel as if this is because slowly but surely people are trusting these cryptocurrencies more and more. Many are slowly converting some of their wealth into crypto, as their trusted friends do the same over time. Eventually, it'll get to a point when people can invest a % their 401(k) portfolios into the cryptocurrency market...

You can see everyone predicting the price they deemed suitable, but on what basis they are making these predictions and that is what i cannot understand, if you are skeptic you can say that he is hyping it because he holds bitcoin, his theory is that since the trading volume started increasing we might see another bull run.

Repetitive for sure, but the thing here is that they all want to be right for once. It would allow them to gain some form of credibility they then can exploit in their advantage, and that while it was just a lucky shot.

It would be insanely hilarious if all these predictions become totally worthless when this market starts plummeting below the previous bottoms in the next days or weeks.

That once again shows how this market keeps trolling the majority of the people and all the so called experts and whatever CEO kingpins. But then again, at some point they will guess right and get their 'I told you so' moment of fame.

Another bull run that could propell us to 25k? I don't think that's going to happen anytime soon though. A lot of experts have their own predictions about btc's end price this year and thinking about it really can confuse you on how they.come up with those figures.

Due to the current pump, there is a possibility for bitcoin to move up since the resistance level cannot handle anymore the bull run. It might also to turn out those resistance to support this hike. Many people are waiting for this moment and I am sure, a lot of people are excited to buy bitcoin.

if I can just pray that may be said by brian kelly it can become a reality and be granted. so for all of us bitcoin users just pray for the increase predicted by brian kelly

Precise long term predictions are useless. The only thing you should care about is the current trend. We are in a slight bull trend right now and if it holds we could see bitcoin testing 11k levels again. There is no way of knowing if it's going to break 11k or not, though.

No matter how popular the man behind that speculation , IMO it will not varies now, bitcoin were still in the process of being bear to bull or continuing to be on that bear state, indicators for btc is hard to predict now unlike in Alts that analysis still works.

nothing is impossible in the world of cryptocurrency. ATH is just over $ 20,000 could happen this year, but with a note we should really have good news and encouragement from a positive market. if seen from coinmarketcap.com, bitcoin price every day, hour, minute and second show good and positive contribution. so, I think the statement made by you is plausible as well, and chances are this will happen by the end of 2018.

i agree with this but what i say is that we won't see such a big bull run as long as nothing changes. the problem is that we can't predict what is going to happen in the future and because of that we can't predict the price!
for example if there is no big good or bad news price will continue on this slow rise upwards and can reach somewhere around $15k by the end of the year.
but things change a lot. like last year when we suddenly saw mass adoption in Japan start. if this year something like that happens we can see price shoot up to $25k-50k easily.

owner of a company that was founded last year to make money from people's money is now making a "bitcoin goes to the moon" prediction! is it just me or does that remind you of everyone else in the crypto world who wanted to gain some popularity?
example: John McAfee!

That is just way too optimistic .
$25000 is insane . It can't happen by the year end . It might only initiate its possibility if the current status of bitcoin accelerates from the $9000 value and breaks the bar of $12000 . That is the only way it is happening . Other than that , we all know its a crazy ride with bitcoin so we never know it hits $25000.
The "whales" can only let that happen .                               

That's true, they only see bitcoin price from year to year. It we use a logic I would also argue the same if bitcoin price will reach $ 25000 by the end of this year, but in reality it should not happen. We can only rely on the magic to reach $ 25,000 by the end of this year.

This predictions is going to happen as some of us has predicted this same figure before and I believe that this might happen before October this year. The remaining part of this year is going to be a bullish time and we just need to  keep holding until our predictions is realize. $25,000 is a bit high from were we are now and a lot need to be put in before we can hit it.

That would be great if ever but no matter how good he is or what's his position, it is just a prediction. He could be wrong or right and we can do the same thing. For me $25k still has a chance to reach this year simply because bitcoin is known for making an unexpected increase.

Brian Kelly can take his "prediction" and shove it until I see a Kwukduck FUD seal of approval. But we have not seen of any "Kwuk sightings" recently so $25,000 for 2018 is a no go for now. Hahaha.

Well I predicts that bitcoin will hit even more than $25K by end of 2018, :D

But these all just the predictions there is no guarantee that it will come true but everyone hoping that price rise in the bitcoin at the end of this year.

Wow I really didn't expect my predictions were going to be very similar to high profile people in crypto businesses. I think he is really right bitcoin will hit around 25000 to 30000 dollars in later this year in my opinion.

That is nothing special, its only mare speculation. With simple speculation there is only two outcomes,  either the price will go up or down. Without proper evidance, your opinion or for that matter opinion of "high profile people" will always be simple speculations and nothing more. And because of that I say its nothing special, or at least that is what I think.

Optimistic? I find it quite conservative if I look at other predictions reaching all the way to $100,000 before the end of the year. :D

Everything that looks insane today may look doable tomorrow, last year taught us that. One spark is enough to get this market to explode, and if the mainstream media starts hyping as extra trigger, we may be up for some very interesting months. The only thing is that we don't know what event will initiate that spark, and when it will be taking place. That's a multi million dollar question, literally.

Whales aren't doing all that much. It's just them initiating and ending certain cycles, where most of the effort is being done by non whales buying into hype and speculation.

I am not so sure we're going to reach that price, the last bull market was created when the developers activated segwit, but I do not see the enthusiasm that I saw back then and without any hype it is going to be almost impossible to reach that price, however I think that price may be possible in the next two or three years but if it happens any sooner I will not complain.

you are not seeing any "enthusiasm" right now because we are just getting out of a huge bear market. price dropped nearly 70% not so long ago and any market would require some long time to recover from such a drastic drop and get back on normal track. bitcoin needs a longer time even because of all the FUDs that are also coming out against it which are slowing everything down.

Right, but that is still when we knew that there would be a bull market in 2017. Historically, bitcoin has performed well the year after the halving happens and 2017 was that year. Also, BTC was bullish from the start of 2017 and didn't show any signs of slowing down. Even though nobody expected the rallies to go as high as it did, people did expect the rally to go to quite high heights.

This year is completely different, Bitcoin was hit with a huge correction early on in the year and market sentiment is still quite negative.

I'm not saying that $25k is an absurd or impossible, just saying that it's unlikely that we'll achieve an all time high when we haven't even finished the consolidation phase.

After watching the performance of bitcoin last year I am almost certain that bitcoin will surely reach $25k by the end of this year. Last year I used to see the threads like this and laugh them off, but now I don't doubt the pumps in bitcoin as it has already shown that $19k is possible for bitcoin price, so in an year bitcoin price shoot more than 10x so if the same happens this year year too then sky is the limit for this year's end and now I should focus on how to get my first bitcoin in under this year.

This news was old and no one is exactly predict the future possibilities of Bitcoin. I think April 17 he said Bitcoin is reach 25k USD in end of the year. But 5 hours ago he said 19,700 USD in mid of December so we don't believe the others prediction. We should research our own then only understand the Bitcoin possibilities.

At least that prediction was somehow near in the reality remember those people who are predicting the price of $50,000 to $100,000+ exaggerated to say even though the market is unpredictable we should stick to the certainty and the current beat of the cryptocurrency market on what factors we can say that it will make the price to the moon for the last quarter or even on the mid-year.

Everyone is predicting that. Based on what? Based on only mere predictions. There is not any fact to it and no one knows for sure when bitcoin will reach that price. Perhaps it is a way to encourage people to buy bitcoin and hold as they will gain big profits in the future. I mean, I do believe it will reach that price, but not now. Added to that, just because a CEO said that, does not mean it is as accurate as ever. You should not believe what people say.

All the investors want rise in the price to make more money from their investment, therefore they will be happy to hear this. $25k is in the range in this year but it needs continuous growth in the price. If there is fall and rise in the price then it is difficult for the bitcoin price ot reach to $25k till the end of this year. we can hope but it is not sure.

What is the point of predicting things when none of them can see the future anyway and that is how appalling it is becoming as this market is being rendered more as a highly speculative market than what it was actually meant to be and really, that sucks. We really do not care how much it increases by the year end as the only thing here is to always just stick with the trend as all these dudes only know how to either proclaim unnecessary doomsday theory or baseless bull specification.

I think their is a possibility for this occurrence.We know the price of bitcoin had reached 19k$+ in last year itself.Their is no hard to reach this price again in this year.But he had stated,bitcoin price volatile is bad one.If it not so,how we can buy a bitcoin at low price and sell at high price.

Seems very basic reasoning, a guess even.   I could guess we see a new ATH but only a five year basis so 2022 December.   I'm still being bullish but really some would sell if they read and believed this prediction were accurate, mostly people are quite commonly wanting to believe in the most satisifying outcome for them personally and usually in the nearterm.

The most positive thing for Bitcoin overall might well be that it takes the full five years to over come the last ATH.   The reason I say that is that steady growth is more likely to involve more people and accumulate volume at various price points.  
In trading terms at least we could momentarily reach 25k or higher but only on the lighest volume as it 'spikes' on a sudden surprise to the market in some way.   Supply could greatly lag demand for some reason, call it a flash spike if you like.  Its possible but I wouldn't rate this especially positive for the protocol or worlds use of BTC generally.

 I would rather see us take five years to be honest, I know its more boring but its also more likely to succeed and be something we can build on individually in various industries not just crypto solely, ie. more integrated.

Well, that is always their target after buying the dips. When the market is at the peak, they sell off, start giving some FUD stories to cause panic sell in the market so as to buy back lower and then they buy back lower and start all their bullshit speculation to keep the cycle going and what is so painful is that some always keep falling for it, by selling low and buying high. One ridiculous thing to always do.

Coming back to the prediction level of $25k, I believe we do not need this year end for that to happen. Bitcoin already started showing positive things which will be more than enough for it to keep surprising us like what we had experienced in last year. My this year end prediction would be around $70k.

All the predictions as I noticed were false and the price was quite different than the predictions that’s why I don’t believe in predictions. At the end of the year 2017 the price was about $20k and all people in this forum predicted that the price will be more than $50 or $70k in 2018, but we saw a big loss in the price of about $14000 in the next few months. From $6k it is now rising and reached to $9600 till date.

Well i believe that too,since bitcoin is continuously growing every year..
I remember last year on this same season many doubt that bitcoin can break $1,000 but they fail.
Because sooner that time this coin reach more than $1,000 and at the end of the year makes the greatest break of all time,when this huge coin hit almost $20,000

Just don't be surprised because those who have been very bullish usually has a lot of vested interest on the ecosystem. They wanted to influence the masses to get and purchased bitcoin so that the price could go up making their position very advantageous to them. Similar to what John McAfee, he stated that bitcoin will get to 1 million. Such confidence to say, but we all know that his prediction doesn't have any TA to back it up, maybe he just blurted it out to influence most of his followers to put their money on the ecosystem so that his position can improved in the future.