Bitcoin Forum

Tom Lee the Managing Partner at Fundstrat Global Advisors predicted that Bitcoin can reach to 27K USD within 180 days! 180 days means 6 months, so, within July Bitcoin price can hit 27K USD! I am very optimistic with this prediction, this really makes sense! After the Bitcoin halving in May, BTC price may have bullish run to hit 27K USD. What do you think about it?

News source: https://cryptopotato.com/bitcoin-price-could-reach-27000-in-180-days-according-to-tom-lee/

I am not that optimistic, but well, that would be great obviously.

What would you guys do? sell at 27k or hold to the next cycle?
reaching 27k this year could lead in more investors being interested and that would make the 100k goal more doable.

I am very optimistic that Bitcoin may really hit 27K USD after the halving but I am afraid that it won't hold it for a long time. As you know people are still in huge loss, they would go for recovery by selling at a high price. Even I will sell if Bitcoin hit 27K USD and then I will wait for a dump to buy again. 100K USD seems daydream to me. 

Obviously if it passes 25k it will last a breath. But that's not bad, that's very reasonable to happen. Breaking 25k would be great, breaking 25k and maintaining is asking way too much.

100k could become a bit more realistic in the long run if this time breaks 25k. If it doesn't break 20k In my opinion 100k would me almost impossible.

Since a lot of people would lose interest and hope in btc mooning again, just for the psychological thing of surpassing the last bubble. In fact reaching 22k instead of 18k is not a big difference in numbers but could make the next cycle totally different. IMO

I would be okay even in December,  ;D

At the current price pump, it's not impossible for bitcoin to reach a new ATH this year, before and after the halving is a crucial time, though before halving is more bullish as people would love to buy due to hype, but if it can sustain after the halving, then probably we will be in a bull market that time and nothing impossible in bull run, ATH was $20K so $27K is not far to achieve.

I’m not sure about the next 180 days but BTC will definitely go past $27,000 before 2022.

Feel free to quote me ;)

Already we've experienced $20k+ and this makes the $27k an realistic value to be reached in the short term or in the long run close to the days after halving. In what aspect the timeline is predicted to be 180 days needs to be analysed. If halving gives a big market change surely this year we'll experience a new ATH. Crossing price barries is not that simple, now the market have come close to $9500. It needs to cross more rounded price barriers before making way for a new ATH as mentioned by most users in the above quotes. Lets hope something good happens this year.

It looks like peanuts if you put it like that, but I'm pretty certain that it's not going to be like that. There is plenty of resistance and potential big money exit points below $20,000 that will make it a real struggle to print a new all time high. The whole dynamic of the market changes after that because you're visiting territory not visited before, and that's usually when you see the huge moves follow.

People during 2017 called the top of the next all time high every $1000 the price went up but failed until the CME market went live and we started to correct from $20,000. I can see that happen again, but the most important factor is to break that high. I honestly wouldn't even dare to call a price once we do break that high because the sky is the limit. It could peak at $50,000 or over $100,000...

I will only start securing profits once there is a clear indication of a downtrend on the weekly time frame. That means I will not sell the top, but that doesn't really matter. I rather not miss out by selling too early.

Here goes to the bulls prediction. Tom Lee predicted last time but then it wasn't reached but it's okay, it's always an opinion and it's up to the readers if they'll lean on that. I'm not going to be against the prediction of $27k because it isn't that much and it's very likely to be reached.
We all want that to happen as if it's just yesterday when bitcoin reached $20k. With the factors and reasons that we have right now, the chance is very high but can't be sure about the given timeframe.

@Tduty how did you beat @bbc.reporter by publishing Tom Lees news you do realise that she has the unofficial right over his news lol, anyway back to the topic I’m hoping his prediction comes true but $27k seems a bit to much in my opinion. Also I would advise you to take his predictions with a pinch of salt, because he’s does not always get them right hence do your own research before taking any decisions.

I dont think we X3 from here.  That's a pretty big jump.  I see 2020 as a sideways year.  A lot of profit taking will be made around the 15-20k range as people will start liquidating dead 2017 positions.  20k will be a huge barrier to break and just dont see it without a significant movement or news involving mass adoption.

This guy gives unique predictions, he's not like John McAfee. Bitcoin has already started a impressive year and most of the community members speculate this time there will be a massive pump till the end of the year.  

Halving is the big thing happening this year, that's the reason experts go with big predictions. By the way halving has historical pump before as well, still anything is unpredictable in crypto currency. Let's wait for those golden days.

How sure are you guys that its market value will reach that high given how inconsistent the increase in its price? This is the problem with some investors, they are just making unrealistic assumptions just aiming to earn profit. Accept the fact that the price won't go 'boom' in a single snap. Analyze how the market behaved at the past which should serve as a lesson. My point is that, if ever the price become high, then it is normal to be happy, but to anticipate it and be disappointed is another thing. Just let the market be.

This is interesting. The usual predictions are for publicity and the ones I've seen in the past were made to attract attention and help the businesses.
Just the businesses were usually of the type an exaggerated prediction would not hurt them.

But this time we talk about a company that seems specialized in telling others where to invest. So if Bitcoin will not have a great performance (not necessarily 27k, but still has to be more than just big) then this prediction could hurt their business.
As I said: interesting!

I'd hold.  Bitcoin doesn't represent a huge portion of my net worth (which isn't much anyway), so I'd prefer to have fun watching the market possibly go upward from $27k than to sell and be out of the game completely.

This prediction was made to keep Tom Lee's name in the news, and that's true for pretty much all of the big names that make these kinds of statements.  But in this case, he might be right.  July is obviously a couple of months after the halving, so it is quite possible for bitcoin to get up as high as $27k.  Don't know where that number came from, but who knows.  And as I've been saying, I'd be more than satisfied if bitcoin "only" went as high as $10k-15k.

Yes

*Assuming exponential curve theory

In 101 days the halving will come.
The halving is the lowest point on the exponential curve.

ATH is about 1/3rd into a cycle of 4 years so 1 year in. (That would be 465day from now).
ATH is expected to be $70k

So at 180 days you will be 1/5th towards the ATH.
$27k is reasonable estimate

After I witnessed the last bull run, I would not underestimate any prediction like this as anything could happen and $27K is a realistic target.

This is what happen in 2017

From $900 to $20,000: Bitcoin’s Historic 2017 Price Run Revisited (https://www.coindesk.com/900-20000-bitcoins-historic-2017-price-run-revisited)

Life has taught me not to be optimistic about trading. I don't deny that perhaps this will be so, but I don't think that the chances of such a price increase are now higher than usual. Over the past 3 years, I have heard many different forecasts and the market has never behaved in such a way as to correspond to any forecast. Unfortunately, forecasting is not so simple, therefore I am neutral with any forecasts of any people.

Tom Lee pulls price predictions out of his ass, he’s always doing them & usually always wrong. I hope he’s right with this one but let’s wait & see.

I think you hit the center of the target, Tom Lee is just trying to earn some free PR for him and the company. Personally, it would be a shame for me to even make statements after so much nonsense he has said over the years. He is just hoping that this speculation will be the right one and that people have a short-term memory, which is unfortunately true.

This is the same man who put Bitcoin and E-cigarette in the same sentence, so what is changed from September last year?


Is anyone so stupid to think that BTC can be banned just like that? Yes, there is one expert, I advise great caution when it comes to his advice.

Even i do not under estimate any prediction as i did not anticipate a rally like that when the market soared to almost $20k and this is the only realistic prediction i have seen till now as the rest of the prediction says that the market will soar to unimaginable heights which i am not expecting anytime soon but i will wait and see how long the market could rally before booking my profit :).

I feel like 27k will eventually happen and the price looks like its already going up getting prepared but I feel like it may not be in 180 days. Don't get me wrong, I am not gonna call this prediction wrong if it happens in September or October, it is still a viable prediction, however I think "before 2021" is a better time period, like maybe on December 20th at the last days because that would give us a better period.

I would have hoped price to go even further up right around these days but with the S17+ coming out in march and with all miners around the world that can get their hands on it would increase the difficulty all by themselves without even halving and then all the other machines starting to fall out of favor due to it, I think maybe halving may not affect the price as much as we imagine it would.

Yes, this prediction does make sense! I don't believe those 50K, 100K USD predictions, those are not real. But 27K USD is very possible in this year but that won't happen in July, I believe halving will affect on price after 6 months later from the halving date, so, it can be in December of this year when Bitcoin may have bullish run!

More than $20k is a realistic target but I doubt it will be this year, maybe the next couple of years. However, it is only someone else's speculation so nothing serious about it. For those who will rely on this speculation, better prepare yourself for whatever the outcome is. Because the person giving such prediction doesn't care if you lose or win. It is your sole responsibility when it comes to your investments. So better be careful about your decisions when it comes to crypto. You should know better.

I have to agree with this somehow since six (6) months would be the right time for Bitcoin to become bullish. But let's expect a huge price decrease during that time because that's the sign that Bitcoin is going to skyrocket to the moon after a certain drop. For me, $27,000 price range is reasonable enough to be the next ATH of Bitcoin. Days are fast approaching until the Bitcoin halving starts.

his prediction might be true, because for now all altcoin start growing day by day, also ethereum price was slowly rise and will back to their 2017 price which at 300$.
i hope to see that bitcoin price back to 20k before  the red bull run on the market, with the 20k price, more people or company will start attract to bitcoin technology and trying new thing for their bussiness

Predictions, predictions, predictions... Everywhere you go, that's the only speculative value we get. But in actual reality, what's the sustainable proof for these so-called predictions? Other than that "bitcoin will moon" or "bitcoin will hit new all-time high" or "bitcoin will hit 27k USD". I mean, where's bitcoin in the equation of global economics (maybe I'm not just seeing it), we should be having more regulatory interests and increased usability as well as visibility in national and sub-continental trade centers. Now, that's the kind of fundamental I'm looking for. I believe in TAs and the halving, but, we need sustainable growth. At least, that's what the industry deserves after a decade in the limelight.

If you estimated it 6months from now with its current price 9.4k I think the prediction is almost near the target if the upward trend will continue for the following days. Yes halving is almost close to its date but we can't expect it to just simply happened in a blink of an eye.

IMO, too early to grasp this price at hand. I am optimistic about bitcoin hike this year but I dont want to listen to these overrated prediction by those famous people cause to be honest its not credible.

Around the times of last two halving bitcoin markets remained too silent and it needed some 180+ days to get into new ATH after halving. History will repeat and may not exactly but with some twists like you are expecting. The only supportive thing which is completely different from last halving is, supply is going down less than 10 BTC per 10 minutes which might be a big physiological trigger among investors when comparing how previous halving impact supply/demand mechanism.

You are right. Impacts of new ASICs are easily predictable compared to halving. Whenever mining industry finds a new leap, cryptos accordingly reacted to that. When more miners into this business, obviously we will have bullish markets hence this March itself we may see some surprises.

The thing is we cannot find people who are really consistent with giving good predictions, hence we can't find a credible person.

Some experts might be correct in the past but that does not guarantee they'll continue to be right, just like McAfee had a correct prediction in the past but is now prediction a very high for bitcoin which is most likely unrealistic in the eyes of the many.

Even I did not go through the article mentioned by OP just because I do not want to trade by someone else's opinion and I have the guts to make my own research before making an investment. I made some deep technical analysis on the 1 hour chart when the price was struggling between $7500 to $8000 and as far now, my predictions and research has been useful for me because I was able to find some exact entry as well as exit point in the journey to $9400.

Now, I can assume that the price would remain in the bullish trend for few more weeks and then it might show us a little dump which would only be to enter the markets and then we could speculate our journey towards moon.

I really think that we can even make the 30k USD as well if the bull run would be nice again to us, Bitcoin in some reason is moving in a direction that is going up and there is nothing that can stop it, and yes this could be triggered because of the Halving's effect but demand is the most common thing why the just is suddenly going up, and right now the price has halted in galloping upward right now maybe because of the reports and what is happening with China right now, Tom Lee can be 70% right about it but the 30% can still be accurate in a way that prediction will not happen at all.

Done  :D
Same opinion especially for the next 180 days.
Halving will take place in the next 100 days so the price will not increase that much and passing $15k will be great imo. 2 months after the halving isn't too much to see the price rise more than $20k

I don't know how do.you people come to such figures. 30000$ in.the next 180 days? That is really exaggerated and I would like to see the indicators that lead to such conclusion. Just because price has crossed 9000$ that doesn't mean that it will continue to grow all the time, some corrections will definetely happen. It's good to be optimistic but with both feet on the ground.

180 days from now would end up in the mid of the year. Mid-year has been proven to be beneficial for the price of bitcoins as the previous bull runs which we faced too occurred in the mid year of 2017. 3 years passed since those bull runs and the prices were struggling for these past three years which now have the ability to show us some better benefits.

Even I have my own predictions which makes me believe that the price for bitcoins at least would cross $20,000 in the coming 4-5 months which would for sure be in the bullish trend. Bull markets were been expected from a long time and now the time has come when we could enter the bull markets to make immense profits this year to make our 2020 a prosperous one.

Reaching over ATH on a matter of 6 months would be hard even if we do just base up on what happened on previous halving events.I dont mind too much
on what are the things that been saying even they are famous or popular fundstrat or whatsoever.

If you do like to see some good predictions then this thread is good to look at.  ;D
https://bitcointalk.org/index.php?topic=5214437.0

Well, sorry if I become very optimistic with my post and saying that the 30k USD can be a possibility, but I have included that is the Bull run would be nice to us, that means I don't have a figure to prove that this is correct it is all gut feeling of my optimism, but given the prediction of Tom Lee if it would be correct and knowing Bitcoin to have break barriers and doing the unbelievable things I then conclude to this exaggerated conclusion and if you look at my last statement that Tom Lee can be 70% right about it but the 30% can still be accurate in a way that his prediction will not happen at all, If you would understand my point there you can see that I am playing safe here and we can not predict this correctly but we can always give an optimistic speculation.

Then bitcoin should be doing any better right now though its possible because of the halving but we can’t say that its true just because someone say so. In the next 180 days will be a rough road again to bitcoin, this is a halving phase and I hope bitcoin wont disappoint us.

Credit where credit's due, Tom Lee certainly knows how and when to make a headline that will caught everyone's attentions (regular btc users, bulls, newcomers, and potentials clients)  ::)

Not sure what I'd do at those levels, but i'll definitely sell a small portion of my stash at 20k. If the price were to go past 20k, then 27k wouldn't be a region where i would sell, might as well just wait until we reach another milestone (30k).

I think he knows that, we all know that (if you've been in this market for at least a year or more, youv'e heard of him), but i'm pretty sure he doesn't care. His analysis or statement is targeted to newcomers and people with big pockets who are ready to pay for Fundstrat's services, and it's very likely that they don't know about Tom Lee's past btc price predictions. (:

Tom Lee is just one of the people trying to be notice or get more followers in the crypto sphere and even the bull run market is nice to us if bitcoin make the predicted price we should be ready for some correction before the block will be halve.
With that been said, you shouldnt say the words "there is nothing that can stop it" next time cause a single whale dump could totally change the market trend.

It is okay to be optimistic but $27,000 in 6 months is quite impossible most especially that halving is around the corner and the price may drop. I know bitcoin can skyrocket anytime or without us expecting it but I just don't feel like buying these predictions because it is very frustrating when the time comes and the price isn't the price we are expecting.

I'm also not sure for the next 180 days the price of Bitcoin will reach $27,000.  Recalling the history in 2016 on the previous halving.
The price of bitcoin does not seem to be able to reach the highest resistance point at the previous ATH in June 2020.

If the highest increase in Bitcoin occurs in June I predict the price of Bitcoin is still around $18,700 before finally experiencing a decline, and then there will be another increase at the end of 2020 as happened in 2017.

I think this is too soon and bitcoin will not cross all time high until December this year. Also once it cross 27000$, it will not stop and will reach the physiological mark of 50,000$ before dumping hard from there.

Everyone seems to be bullish with the Bitcoin halving on May but is this too early? I wanted btc to grow too as my asset will have good value but considering the timeframe I feel we can't be in that price in the month of July. We need 3x value of our current market cap now to be able to reach this level. 

Tom Lee is indeed famous but every famous guy has their own prediction even the great Mcafee has his own though its just a total shitty shill and out of proportion.

Will see in 6 months, then if it happened I'll be back again on this thread.

There's only huge benefit if there is a real bull run that will happen this year.
If Bitcoin will rise to $15,000 let's say before the halving, I guess everyone should already take the opportunity to sell and don't wait for a new ATH as possibly a dump is likely to follow, this is just for people who like to ensure they'll be profitable following the halving schedule's hype but for those risk how trust the long term movement, it's still right to hold since bitcoin always rise when theirs a demand happens even if its just an artificial demand.

Optimist is fine but depend on what and calculation is not clearly enough. Tom Lee use his fundamental method to analyze bitcoin halving event and decide this is the trigger to up in higher price but I'm sure halving is split value in two part, in which side split can be use as indicator to raise higher value?. Fundamental must release with technical calculation and if standing alone I'm sure that is speculation. I'm not pessimist with his method but please think again because speculation is more like gambling not knowledge.

Makes about as much sense as $2k predictions did just before the 2016 halving, or as $10k predictions did in January 2017, I suppose. But also as much sense as a certain presidential candidate's 500k prediction.

Today's momentary spike to 9600++ when stock markets opened in Beijing reminds me it's still really slippery at this price (betwixt 9k and 10k). I know people say it needs to stay above 9k for a few days... it has, and at some volume too... but for me it's always that 10k level that's the decider. I'll wait for end of Feb and see how long we stay above 10k -- and how many broken attempts before that happens first.

It is possible, with Bitcoin's high value asset, it would attract more investors which means, that an increase in demand would trigger an increase in price. But, lets not be so greedy and take precautions after it would possibly hit a big pump.

If it were to be true, I could earn a lot of profit and invest more in the crypto world.

I would like to remind everyone that miners are already profiting as it is, they would be profiting after the halving as well and maaaaybe would want to increase the price and the transaction fee a bit but there is literally no reason for stuff like 27k to happen in order to keep them happy.

Do not let the miners to decide the price of bitcoin, we would love to go up and make a profit oursleves but by wanting the miners to make a profit you are giving them too much power over bitcoin, we are a decentralized currency that should be for the people and not for certain people, by allowing miners to increase the price you are shifting the power from the market towards the miners who are actually just few people, 10 biggest mining corporations would benefit from an increase after halving then all the millions of people who will have just one time profiting instead of a continues one like miners would.