Bitcoin Forum

I’m just genuinely curious to see the sentiment amongst bitcointalk posters. Please no trolling which includes being overly bearish or bullish. Just vote for what you genuinely think, no agendas.

Personally, I’m thinking option 4 ($12,001 - $14,000).

It’ll be interesting to see the results.

I personally think bitcoin's price will be between $8,000 - $12,000. Boring answer, I know. I chose the 8k-10k option though because I think it's a bit more likely. Why? Idunno, I'm just not that bullish in the short term; though your $12k-$14k pick is surely really possible too. If it does reach that price point, I'm guessing it will be because the stock market rises more; and as we know, bitcoin has been following the S&P500 for a while now.

*edited
I voted for the latter (just a guess with not real analysis). We have just over three months left in the year, and I personally do not expect more spikes to happen to move the value above $12k for sustained periods. I also do not expect the price would fall too low i.e, below the $10k mark, any time soon. If I am to choose, we are more likely to break above $12k than to drop below $10k.
The festive period could of course bring some surprises in the market.

My bad. *Sleepy eyes*

Yeap. I just pointed out that I think bitcoin's price will be at $8k-12k; not necessarily saying that that was my poll choice, hence why I followed up with this statement :P

The price for a long seems to move between $10000 - $11500. At times there is higher fluctuation, even after such level of price fluctuation the price used to stabilize around $11000. Following all these pattern of growth, even by the time of world market crash I expect to reach atleast $15000 by 2021.

$12-14k would really be realistic and im quite surprised that no one hits up the poll in "MOON" and $20k. LOL..Basing off on the movement we had now and in past months then its safe to presume that breaking 14-15k price
would really be hard but well its all about speculation yet market is always been unpredictable.Im watching for those people who would post about 20k price above or even on a million one.  :D

I won't be surprised if we see a extended period of consolidation happening especially with the lack of volume we are seeing in the market. It can either be two ways depending on how we see the chart and it is either Bitcoin continues to go up and down near this level of Bitcoin will finally correct since it has failed a lot of times to go up above 12,000$ meaning it might reach to appoint where Bitcoin will finally correct. But still there is still no accurate answer here especially when we still have about 3 months left for 2020.

Ask me in a month and I'll have a better idea. Right now it's a tossup.

I voted for "$14,001 - $16,000" because I think we'll continue trending upwards in Q4 after this September-October pullback. I could easily see a spike towards $16K-$19K (before another mid-term pullback) but I'm trying to take time into consideration. January and Q1 are often bearish, and there have been several significant tops historically in December. Given that and given where we are now, $15K is basically smack in the middle of the next trading range I expect to develop, so it's as good of a guess as any.

It will be hard to predict what the actual price range Bitcoin will hold as we enter New year since the Bitcoin usually experience some in price towards the end of December and early January but with the total bullish market still expect to happen and the economy status I believe Bitcoin market will maintan the range of $7000 - 10,000 but i voted $8000-10000.

Since its an election year its very difficult to predict. If Trump wins then I am pretty sure it will be $12K however he is loses then its hard to tell what it will be. Many are expecting a huge stock market sell-off if Trump loses and hence why many traders are on the sidelines until the election is over.

Remember what happened in 2016 when Trump won the election. Nobody could of predicted the type of rally that SP500 had since he became president. And right now its no different. Bitcoin is a risk-on correlated asset to stocks and what the stock market does... bitcoin and other crypto markets will follow suit. So New Years is way too far to predict an accurate price.

It looks like I'm very optimistic here and I'm only the one who voted $16,001 - $18,000 range price.

I don't see any reason Bitcoin will dump at the end of this year, besides, I still believed that there is a good result after the halving. It's been a month halving successfully launched but I didn't convince the effect on it in the market, as the previous result, it took more than 6 months before the market shows a bullish trend.

Regarding the US election, I didn't see that this will may affect the Bitcoin price.

I voted $14,001 - $16,000 as I have been expecting a $15,000 max price before the year ends and I'm still believing for it to happen.
Btc is in a very familiar position. Just like when It was stabilizing around $8,000 and $9,000 early in 2020, and then It breaks resistance level after a couple of months. Now, Btc is stabilizing at $10,000, and I'm feeling like it could surge up to $15,000 somewhere in the 4th quarter.
Though, I'll be fine If Btc will be staying above $10,000 level before the year ends.

We cant really remove those beliefs back in the past on when the time comes specially on 4th quarter of the year or on Christmas season where majority do believe that there would be a pump just like what happened in 2017 bull run.To see that it didn't happen in last 2 years but at least it did make some significant move.

I have voted also on $14- 16000 price but to believe that we wont easily break those resistances heading to 12k 13k 14k 15k.So this would still be a bumpy ride but these numbers
are realistic imho unlike those other 6 digit speculation.

For now the thing we do need is to wait on how this market moves and be smart on placing up your position for tendency to make out some profits.

Same as your Vote OP,i think it will be $12,000-14,000 with this kind of movement and the effect of Corona Virus.

The Bullrun for me will be expected 1st to 2nd quarter of 2021 according to some prediction and also for me.

Not unless the Vaccine will be proven before the end of this year,changes will happen also in the end of the market prices.

I predict the bitcoin price range at the New Year will be $10k-$12k or $12k-$14k because the bitcoin seems stable at that price for a few weeks. But I hope that the price can surge to the high price because I see that the trend looks better than the last few weeks so that bitcoin can break $11k soon. The trend will be better if the vaccine can be found so that it can give impact the crypto market too. At least, people will have hope that the virus will end, so people can have a chance to have a better life.

It seems bitcoin price will have more support in the next month. But I think people will not wait for a long time because once the price increases for a small price, they will sell quickly without waiting for more. If that situation continues, I guess bitcoin's price can't stay or increase to the high price because people will take a fast profit before the chance is gone.

I voted $10K to $12K based on my own prediction and price analysis, a strong resistance is at $11K its very possible that price will break it as it
approaches that zone in next few days to come and thereafter retrace to that zone i.e resistance turned support before heading to next
resistance zone at $12k.
ALL these TA should be achievable in the next three months thus as we enter next year the price should comfortable
stabilize above $12k.

the problem is that sentiment of right now is going to be very different if we see a price change. so even though you are asking for the price in about 3-4 months in the future the repliers are using the current sentiment to vote.
take March of last year for example. if you asked people what would the price be in 3-4 months because the sentiment of that time was a depressing one they would have never said $10k+ let alone saying it will reach $13k (the actual price that was reached). in fact topics from that time all say something like dropping to $1000 more than those who were optimistic and said $6000.

I think that until November 3, 2020, the price of Bitcoin will be at the current levels, maybe a little higher... After the U.S. presidential election, stock indices may fall, and along with them, the whole crypto market!
I think so...

I voted $12,001 - $14,000 range, it's a conservative estimates, regardless, I think we have several movements in the last 3 months to push that price in that range. The US election might have a positive effect, just saying. As smart investors are going to hedge more of their wealth to bitcoin prior or after the election. And we might hear some development on the vaccine, or countries resetting their economy on the positive side.

I have voted for $12,000 - $14,000 the same as you. Not that too ambitious price but very near to the reality. I think that in the last quarter we have will still show bitcoin at these prices.

Personally, as long as it's on the 5 digit range most of us wouldn't worry as we're on the safe prices.

You've put this poll in September, which is usually not a great month for the price.
And the deadline is in a month. A lot of things can happen in a month and those voting then may have a completely different perspective.

I voted $16,001 - $18,000 and I hope it's not too low. And I'll tell you why.
Previously the "MtGox ATH" was around 1200$ I think (+/-100$). Then year 2017 started with some 1000-1100$ price.
Since I expect 2021 be somewhat similar to 2017... I guess it could start with a price preeeety close to the previous/current ATH.

i am semi Bullish this time so i choose to vote in $14,000-$16,000 since we have already touched $12k couple times ago so why not pray for more than high?

for 2 years we have been denied in achieving high value for Bitcoin but now since halving had just in effect?no doubt that we will reach another High from 2018 this year end.

I'm not seeing the price going below 5 digits, on the contrary, we might see a new highs, probably in the range of $14k at the end of the year. There's a lot of indicators that we are somewhat in a sort of mini bull run, in the last leg of this year, we might see this bullishness specially approaching December.

So I would say $12k and up. Although there is still the looming financial crisis because of the pandemic, but people, just not in crypto, are starting to see the benefits of bitcoin as an asset. And we seen the during December, the price seems to have a good run. So with that said, my vote is:  $12,001 - $14,000.

Same pick. The price of bitcoin generally surge at the end of the year and since it is stable for a long time around $10.5k then definitely +$12k is very possible in December-January.

I voted $ 12,000 to $ 14,000, because I think the price will be there,
there will be no pump and dumps in Bitcoin during October - December, and most likely the time for altcoins will start again,
I'm sure the whales are accumulating before the bulls come for bitcoin

we are still in September though this is the start of the ber month and we are about to end it but for me I feel very special about the month of October and onwards  .

Whales are creating the bull run but accumulating can be a part of their business too . they can start now , 2 months of accumulating means a lot  and then they can start the bull show the whole of moth of December .  that would be nice ;) but before I forgot , I'm voting 16k to 18k on the poll .

With just a few months to go before the curtain of 2020 will close, I'm not expecting any big changes, either a "sudden leap" or "unexpected fall" in the bitcoin price this year.

So for my pick, I will choose the range between $10,000 - $12,000.


Whales act anytime regardless of what month it is.

But either they will do it or not, it's hard to trigger the start of the rally without, "at least", a specific reason.

the closes figure to predict is 12,000 - 14,000 so I go with this number since we can't expect something great to be happen by this year since there are so many bad events happened in the world and it affect all including investments as well the financial capacity of each person globally. But I'm looking forward to see some great changes and still hopeful for the best figures to come.

yes, just be conservative with estimates as you may depend your decision on this and how you manage your portfolio. we really cant expect much with the current situation. lets hope that the economy of most governments will slowly go back.
 how btc performed amidst this pandemic is already wonderful. so yeah, dont expect high prices at the end of the year.

The market is still on a good position and bitcoin is still holding on to its price beyond $10k and I think the price can range to $14,000 - $16,000 as we welcome the new year and a new hope for everyone. Bitcoin was able to pump good prices this year despite of the pandemic, I know bitcoin will do it again that’s why I’m holding more now for me not to miss the chance.

Right now no one can predict about bitcoin price in new year but as we are progressing most chance we are going to have $14000 to $16000 range as its really good price for this in near year if something very bad not happend then surely we will touch this or can go above this as well.

Even though doing this is almost impossible due to the type of volatility you can see in BTC but still not going by the emotions and going merely by the state of market I agree with you that something around $13k-15k could be a possibly good range around which BTC could hover. Even though everyone from inside wants it to be much higher. LOL but I think the economic condtions are not really going to be great in upcoming months.

Can you please help me out by some numbers as to how can you conclude that whales are accumulating? I have been hearing this accumulation point for an year now. I don't know if these whales are going to accumulate whole 21 Million BTC or what? LOL. please help me with some volume comparisons or something significant. A mere price dip generally can't be considered as a solid proof of accumulation.

I am unable to cast my vote may be due to my rank as I am newbie here on this forum but in last few days I am studying about this all so as I understand this I am feeling this is going to stay around 12001$ to 14000$ as its still need some more time for rising mostly whales playing games with this all so its feeling some pressure but in near future we will have some good and stable rate for this.

my prediction might be between $ 14K- $ 16K or to be precise not far from $ 15K. but it could also be wrong if you see the movement of bitcoin that continues to penetrate $ 12K and has not managed to go up yet, this indicates that indeed the time might happen at the end of the year because now is still quite a long time.

i believe that the Pandemic will be out of talks before the end of this year so with that,i think the price at the end of the year will be ranging
from $14,000-$16,000 respectively.
seems like the Voting is in favor of us 14k-16k lol

you don't have to cast your vote on the list because you can leave it here ,the tally now favors $14,000-16,000 with 13 votes and your
choice $12,000-14,000 with 10 votes.

seems like there are only 3 of us who believes that Bitcoin can reach $16-18k before the year ends.
But i am not losing hope since i need to sell out this year for emergency purpose so My prayers is Bitcoin needs to earn more value until December this year.

I've voted for 18k to 20k in upcoming month of December.
 We are steady for so long at $10k, it's either way that it will gonna boomed until $18k before this year ends or will dump as $5k just like last time. Well, hoping for that high price though. Been holding for so long, it's time to fill the bag with some profits

I was thinking about this some more. My guess earlier didn't give much weight to the multi-year triangle scenario, which I still think is a good possibility:


The green squiggle puts us in the $10,000s around New Year. The orange squiggle would put us closer to $8,000. :)

Maybe I don't know how to predict the bitcoin price range, but I guess that the price will be around $14,001 - $16,000. But we know how strong bitcoin will be if the support comes to the market. That can lift the price to the so high price, and once it happens, the price will start the rally, and we know what will happens later. The price will be jumping and breaking every barrier of the high price, and at that time, bitcoin will surprise us.

I voted 16000-18000$ price of bitcoin before the year ends. I feel that  the real bull run will happen on the last quarter of 2021-2022 thats what makes me to buy and hodl for atleast a year.

Just like yours it is $12-14k is my vote.

i am practical and won't be bullish this time because i was expecting a growth in 2021 at least middle of the year.

that amount is enough for this year to end the value of Bitcoin.

I'm hoping Moon doesn't happen just yet. It's only 3 months away so doubtful of even what I picked (18k) but I'm wondering if US elections might have a say in what happens, regardless of who wins that one, they're going to be faced with deepening cash problems and with inflation already at an incredible 2%, might be headed for more as whoever wins will want to be populist and ask Fed to print even more cash. Not enough alone to trigger moon maybe, but 2nd wave Covid will be pushing even more desperate measures.

Can do with sub 8k prices too, but I think it's becoming an unlikely scenario unless 2020's got more shit in store for us.

It must be within the $12,001 - $14,000 range in my opinion. But that's my safest opinion. Bitcoin could actually breach $18,000 from its current price right now of just around $10,800.

We are still almost 100 days left in 2020. So many things could still happen with Bitcoin's price. We have been very familiar with how Bitcoin could actually surprise us with very huge spikes during bullish days. In fact, Bitcoin has bottomed at around $4,500 in March within the year but it has also increased to more than $12,000 in August. That's a quick and big increase in just a matter of months.

The results till are now are quite optimistic and 60% approx. fall in bracket of 12 - 16k range. Which is really a very good thing. Currently the biggest challenge I feel is crossing 12k levels and once it can cross we may see the upside very quickly, and might be in 12-14 k range. Hope it rises further than my expectation and closes much higher by year end closing.

People are not really sure about what the predict when it comes to going up, that is the difficult part because going up doesn't really have a limit neither. Like going down doesn't really have a limit technically speaking, it could be under 1 cent as well, it could be so cheap that 1 million bitcoin could equal 1 cent, "technically speaking", but at the same time we know that is not happening, we just know it because it is so obvious.

However going up doesn't have that, it could seriously be 100k one day, and it wouldn't really be a huge unbelievable shock, this is bitcoin we are talking about it went from 700 bottom to 20k one year, why not go from 10k to 100k as well? It could happen very easily and I wouldn't really mind being part of that bull run as well.

We have seeing familiar patterns of 2017 with this year 2020. It seems bitcoin may moon again by December this year. The covid19 which affects most other assets did not affect bitcoin like that and most popular investors are really coming into cryptocurrencies market.

No one would really refuse if bull run happens but do consider on how much money would be needed for us to go from 10k - 100k  or even more prices? This isnt just like on that 700 bottom to 20k a year scenario.

Thats why its really important on having at least some consideration on looking up on the charts and making out some analysis.Yes, it might really be unpredictable but its much preferred on making out speculations
that are basing up on what you had analyzed.

Not just on throwing around some numbers without even checking it if its still on or off on the charts.We should be at least realistic on what we are tending to speculate.

Nah, I'm not bullish this year though since a lot has happened this year though it may look like the 2017 pattern but it's a bit different IMO. I just choose the $12k-$14k option since the pattern after the halving this year is like someone is holding the line to break the $15k resistance. I am hoping that the bull market would occur next year in maybe two to three months.

I expect the price to rather pump into the new year or stop pumping before the new, then we will see correction by January/February. The little difference that will come within the cycle can always be expected. My $14000-16000 is a conservative price for bitcoin but ethereum may still double the price from now ($350) due to the development by November, Hoarding and Defi.

Wrong assumptions here bubby. The pandemic affected all market and the bitcoin market wasn't an exception. If you recall properly the market around sometime in March this year when every other market was crashing also crashed as low as $3k. What you'll say is the the recovery rate of bitcoin price, made it seems as if nothing happened to the price this year in regards to it crashing instead it has recorded new all time highs and other bullish factors are increasing daily.

It seems bitcoin would end september in the $10k price range which is something I didn't expect as all expectations were high thinking we might record new high judging from last month when Bitcoin was trading at the $12 - $13k price range. The expectation of a new high before the year ends is still in the picture so my prediction are as follows.

@LFC_Bitcoin I'll go for $12,001 to $14,000 although before them I still do think the market will touch some lows of $10k again or highs of $9k ($9.5k - $9.8k) before we accelerate upwards to new highs of $12,001 to $14,000 which most likely will be in the new year.

Same views too, i dont know where they do get that familiar patterns which is totally different wayback on that 2017.Even we are already on past halving but it doesnt really give out some good signs that we would be heading on for a bull run.No one can tell even how obvious the sentiments it but the real thing happens do unexpectedly.Some are permabulls and some a permabears which is usual thing that you can find on this
market thats why we do see lots of different views on here but we cant really avoid those people who do aim for higher level which its impossible to happen on a very short span of time.

ETH talks would be on different topic but i do consider it to have some impact.Back to Btc in new years time then it might or might not move on the same pattern that we do had in previous years
but usually there would really some expectation that major movements do really happen into these times.

If the valuation of BTCitcoin is directly proportional to the stock market by December then there is no way that the market will rise anytime soon. Trillions of dollars printed during the past several months globally and the total shut down or partial shut down of companies will have an affect on the market when it comes to stock market and the Corona wave is reappearing everywhere which is not a good sign.

My expectation is that the correlation between the stock market will break out at some point this year and we might test $15k .

I voted on 14-16 honestly because that is a logical and reasonable increase if it happens, I understand everyone who said 12-14 as well because that would be a good increase too and wouldn't be too weird, and everyone who said 16-18 is not really that far off neither, I would say 12-18 is basically the range everyone thinks bitcoin will be at the end of the year.

This shows you that if people believe on that price this much, it should also be that price at the end because it is the people that decide on the price as well. Since we are lower than that price right now, that means we have a very good reason to buy right now as well. People may not be doing it just yet, but I am sure by around November we are going to see over 12k consistently and it will stay over 12k but not sure how much over.

I think Bitcoin price will be around 14k - 16k as we enter the New Year my reference is the history of Bitcoin price during 2016-2017 and 2017-2018 4th quarter price chart.    Even though the current sentiment of Bitcoin market is low, it just need a little spark to to change the mood of the market.

I think that we'll stay in the 10-12 thousand range.

I'm bullish enough to discard the possibility of sub 10 thousand unless it's a momentary dip like on september 9. That one did not even last an hour.

I also find 13-14 thousand very unlikely. If we manage to break 12 for the first time since August the price is going to catch a strong FOMO uptrend breach 14 thousand.

If the price movement happens sa now for a long, there'll be more stability to stand high in the market. When it gains good stability the fluctuation won't be that big. Based on that we can expect the price to move within range and no big drops in a short. If this is the reality automatically the market will bounce and reach a new ATH, if not atleast around $15000 in the New Year.

I really don't know at this point in which direction the price could move, because in fact it depends on how the world will react to the obviously inevitable second wave of the pandemic, which has already begun in many countries and is at least x10 larger than the first wave. A complete lockdown is something most governments don't want to do - but if there is no other choice, it will be the only way to stop the spread of the virus.

Bitcoin is not an isolated island and so far there are no indications that it will not react as it has in the past. Therefore, there is a possibility of another big drop, but also that the scenario from 2016 occurs when the price at the end of the year was twice as high as on halving day.

I am of the opinion that any price between $5000 and $15 000 should come as no surprise in the next 3 months.

Unfortunately stock market and crypto has one little connection that nobody can deny, the life standard we all live, aside from that they do not follow each other. The only reason why stock market went down and bitcoin went down with it recently was the fact that stock market went down due to pandemic, not something related to stock market so bitcoin went down as well during pandemic too as you might imagine, that made sense.

However one thing can't change, if stock market collapses like 2008 because traders/investors did something wrong, purely due to their fault, that will make bitcoin go up, because bitcoin is still safe and liked and the whole world doesn't have a problem with it. Pandemic was different, they were connected by logic in that one.

Taking into account everything that has happened in 2020, I think that the mere fact of changing the year will bring good results for the market, if all this is fixed this year, if the cure for the pandemic comes out, my forecast for 2021 is of $ 18k, otherwise I think it will reach $ 12k.

I will go with the 5th option, 14K to 16K range.Normally end of the year there will be some bullish call on the crypto market especially the halving year so I just expect the price to increase a bit further of this year's current all time high towards the end of this year.

I currently went for the popular option 12 - 14K


I think sentiment isn't great but the 10k is a fairly solid looking floor. Some upwards movement seems do able.

I've seen no huge changes in my crystal ball until December and it is likely the same early next year.

It sounds like we have to stop thinking about bullish market, less possible to see.

$10k-$12k is the best option for me... ;)

Most probably, under $8k is likely happening before new year because the trend kepts going down. Bullish market couldn't be experience while pandemic hasn't moved on. Investors and other huge businesses suffered big loss, that's why cryptocurrency has been affected a lot so don't expect too much with virtual currency.

I think it will still be in the middle of $10K and $12K.

I am hoping that it would be the same in the past that whenever the end of the year is closing, the price of Bitcoin is reaching new ATH but it is different now. Since the price is still at $10K and we are still sliding down, I think we will be staying at that price mark for some time. If we break the resistance of $12K in the next weeks though, then I think it would be at $12K or even higher.

I believe in the Winter pump that will take us back towards 20k, just like in 2013 and 2017. There's a pattern here of small pumps in Spring followed up by big ones around the end of the year. In 2013 there was a small bull pump in April, followed by another in December. This year we went up in July and there's a chance the move will repeat.

It's difficult to predict bitcoins cost because of his highly unstable state, I vote in favor of the falling of the market.
Since I am watching the cost since July and what I make sense of its stable and not going down.
We'll confront Christmas as well and I realize many people sell out their coins just to celebrate both the events, "Christmas and new year".

Bitcoin price is not going down as much as people make it out to be, I mean it did went down slightly and very tiny but that is not really big enough to make it sound like it is on a bearish run, it is barely enough to make it sound like it is not on a bullish run. This means we still don't know if it is going to go down or not, we do not have proven date to track if bitcoin goes one way or another when something happens. Which means you can't possibly know if the price will be $8k or $12k, either could happen and none of us have any idea which one is more possible.

We can make assumptions here which is what we are doing, however one thing is for sure, there are more people who think it will go up than people who think it will go down, this doesn't mean it will go up but it just shows what majority thinks.

I actually believe the price will rise around December to around 14k and then from there on we will see it float around 15 and hence I would pick 14-16 range because it is actually realistic and we all know around the New year time the price usually raises so at least 14k is what I am expecting and it should stay true for at least few months before dropping and setting 13k as the new normal ;D.

On a side note, thank you for such threads because it gives a reality-check about how the market is looking at the market and if we are being too positive or negative about the price in our own brain.

That’s a possible scenario, but you forget that the big pump of 2017 you’re referring to was created only a year and a half after the halving - and that it will take at least as long to feel the effect of the halving that happened a few months ago.

I can only reiterate that the price of Bitcoin comes from the overall state of the markets - which in turn depends on the mood of investors who are closely following what is happening in the world when it comes to pandemics, recessions or the fact that Trump got the virus just a month before the presidential election.

I was also referring to 2013 before the Gox bubble. It happened more than once.
Regarding what you said about it taking at least a year and a half, that's only if you believe in that progressive bitcoin cycle theory, but it's based only on 2 cycles. Of course the last cycles were getting longer, but I believe there's more at play here than just the time periods before the bottom, the halving, and the next ATH and a great example of such events was the pandemic crash that cancelled the bullish wave we were following since January.

I am very optimistic that Bitcoin will be within 12,001 - $ 14,000, I hope it will be above it but not below

I also think that Bitcoin would be around $12k-$14k. I choose this because I based on the current price we have not, and it is more likey hovering around $10k but still, there are 2 months left.
Perhaps we could somehow predict the price of Bitcoin when we enter the last of this year. Honestly, I have no idea what price Bitcoin will hover with that day but for the I don't want to be a pessimist and too much, optimist that is why I only choose in a midway.

We know a lot of speculation about bitcoin price predictions at the end of this year but I will not be sure about the high rise but it will last and it won't be 15k more because the recession will continue seeing the volatile market situation especially with many covid issues spreading but I'm sure bitcoin is able to survive.

What happened to the prediction of severe experts whether they can trust? I don't think the market can determine and stick to my stance on bitcoin will remain we will see how it will react later I don't believe it will reach 20k.

It is difficult to predict the current movement of bitcoin because the current price of bitcoin tends to be around $ 10,000 more, and goes up $ 11,000 then goes down again, and enters the end of the year approximately three months.
and in my opinion, now and the next few months are still the right time to hold bitcoin, and I estimate that by the end of the year it will be $ 12,000 - $ 14,000 and that price is still close to the current price.

We have only 4 months ahead to enter new year. If the price of bitcoin grows gradually, then price range will be option 4 which you personally thought about. I think so that the price range will be $12k-$14k.

I believe there is a big chance that this winter will not be such a huge movement season, it is obviously going to move a bit, it can't stay at $10k-$11k levels for next 4-5 months, but it is not going to make anything big neither, it may go up and go down to same place or maybe go down and go up to same place but at the end we are not going to be too further away from this price for sure. However by this spring, like by march or maybe April we are going to see a huge increase in bitcoin if we can handle until that moment.

There is a huge chance we could even go above $20k as well for the first time since 2017 December peak. People do not think that we can go there but I believe we can. So, until new year I believe price will not be too much different, it is going to be too close to care about movements.

Bitcoin is so much volatile crypto currency. We see that Bitcoin price was hit 20k $ in 2017. In this year Bitcoin was hit 12k $ in the meantime of Corona pandemic. So my personal opinion is that the new year Bitcoin price will hit 14 to 16k  $ easily. Because bitcoin is one of the most potential and best crypto currency.

Wow, I'm surprised that the results are so pessimistic - only about 1.5 percent of those who voted expect (apparently) the breakout of ATH. Personally, I do not expect this and I do not even expect a bullish trend this year, but I am surprised that the community is so pessimistic now, as it seems to me, the share of optimists is usually much higher here.

Given that the majority assumes price will be between $12-16K, assume price to be <$12K or >$16K  ;)
Personally I think $10-12K, either than or $15K+.

It sounds realistic and i do have the same assumptions or prediction.Price do hype when we are approaching Holidays but i dont see that it would be similar on this time of the year.
We do much prefer on stable increase on slow pace and just like what other said that we are hoping that we will see some nice rally or run specially on special days of the year
where money would really be needed.Im aiming to sell out some portion of my stash when the time comes but at least it will hover or play around 12-13k and that would nice.

I think between 10k and 12k, the markets have been really stable this year, that's why i think we will not see a big change in the next 3 months.

It has been a really crazy year for the markets, we don't know what surprises more will have this 2020 for us, so any radical move on the markets it's possible.

There is a good movement yesterday mate and Bitcoin already reached 11,000$ again while I'm typing the price grows more to 11,400$ so i think we are not stable now .

and i may regret voting for the same as yours since it may 12,000-14,000 will win this time.
At least we have much better market compared to the last2 years of 2017 and 2018 mate,because now we are seeing a strong hold of the Bitcoin price comparing to the past years.

I love the smell of green candle. $12,000 for bitcoin is an average price, right now bitcoin is trading around $11,500 this is because large institutions make investment on Bitcoin instead of Dollar.

It's so difficult to anticipate yet it's so fun being in the game. Here, It's going very nice and good part is it's becoming more and more mature by the day. Does it finally breakout properly now or still sideways, that's the big question though.

I voted for $12000 - $14000 because its a realistic price and not hard to achieve.

This year the price of bitcoin shows a significant growth despite of the pandemic. Now we are in the last quarter but still there are many things that can affect the price to become bullish. New year is another beginning and hopefully its a good price for us.

Price getting stronger now and looking good as crossed 11k levels and now at 11400$. If we can be strong and hold this price range then I am of the opine that we may see in range or 12-14k or may be above as well possible if we have good buying happening or no negative news creates a panic in market.

Bitcoin is slowly growing again because this is a sign of an increase at the right time, the pandemic does not care about what is happening to the economic situation or the hot news that is happening but with it now returning to 11.3k it indicates that there will be a significant increase even though it is not yet in sure literally, but I am sure that with a 14k-16k vote it will be easy to achieve at the end of this year market conditions have started to stabilize and with the encouragement of DeFi which is trending this year.

At the moment, the markets are stable only because of the support measures that the governments of most countries have launched. The actual state of affairs in the economy is very bad and all this stability can end in one moment - the resources of governments are not unlimited. If that happens, then the crypto market will suffer too (as we saw in March).

Shakeout to $7K, please!

Seems like most people gravitated towards the median. Interesting looking distribution:

https://i.imgur.com/c34k4za.png


The Fed actually said recently that they have infinite cash to inject into the system. https://www.bloomberg.com/opinion/articles/2020-03-23/coronavirus-fed-s-infinite-cash-tested-in-world-of-leverage

I also voted for 4 option .The trend is going fine to the uptrend if its carried the result Will most probably to touch 14k$ .Hope for the up always .

$100 - $10,000 is my best guess.

Paradox, but 100 trillion dollars << 20 trillion (these are not exact numbers, but you get the point). After a certain limit, resources turn into plain paper. Therefore, there is still a limit. An unlimited injection of money into a dead economy will have a short-term effect, but will intensify further fall when the bubble bursts.

$14,001 - $16,000 is the preferred choice of the participants and it's more likely to happen if the current movement that we are seeing continues I'm ok with this level not much expectation this year, next year can bring a lot of surprises in terms of the price and adoption.

I put my honest answer which is somewhere around 10k but Im often too skeptical and I shouldnt be as in a totally blind way, dollar is very weak which should make progress easy so being negative BTC might incorrect and going against the crowd as they easy money spins out of dollar value.   So long as there isnt a contraction in sentiment or monetary velocity especially there probably isnt a great reason to be bearish on BTC right now, however I consider 10k to be high anyhow.
   Whatever the price I expect more volatility, I cant see how the path forward would be smooth and the easy money policy is masking real movements underneath.   I think its dangerous to relax basically but hey I did say Im a skeptic.

BTC has just been the same risk on/risk off trade as everything else in the stock market this year. It used to be a separate entity, but this long wished for adoption by wall street is unfortunately making us just play by the same rules.

Where will it go? I guess Powell is pushing for up, but I think we'll revisit our February lows again.

In theory you may be correct, but it's silly to speculate about such a limit.

For more than 3 decades now, I've been hearing doomsday Austrian economists tell me how the imminent collapse of fiat money is coming. After living through 2008 and 2020, I am not confident that I will ever see that collapse in my lifetime.


"Dead economy?" We'll cross that bridge when we come to it. ;)

Infinite amount of cash is a silly thing, they shouldn't even have said that because it makes no sense, it is like a small kid. "We have infinite amount, we can buy the whole world if we want to, we would just print money and buy whatever we want, we are super rich!!" that is literally how it sounds like when you read it whereas in reality they didn't mean that obviously.

Trump already caused them to print more than they should, this is going to cost the next president a lot of trouble, if it is still Trump he will deal with 63 million unemployment application on top of printing %23 of all the dollars there is in the world just in 4 years, all of which will make him literally hated all throughout the history of mankind, but if Biden comes in it may need more than one term to fix it.

Same reason why i am not visiting the WO thread because aside from i am not really good in analysis also i seems like it was being manipulated(This is my own opinion please respet) and yeah in any trading everything is the same and this needs our skills and knowledge before gaining amount.

well that is march mate and not February ,but yeah there can be another dumping and things may flip either to Grow as bull expected this end year or at least till 2nd quarter or 2021.

Not on every price jump a shake out is needed......

Leave away those dirty shake outs ....

Parabolic up is what we want  ;D

I do not agree that bitcoin is same with everything else, there is a big difference in all of them, obviously there will be similar moments but just look at the recent up and how the stock market didn't had that.

So, do not get manipulated by people who keep saying that nothing will change if you invest into stocks or crypto and they are same, those people are wrong and crypto is much more volatile.

Even on the same trajectory like let's say stocks go up and crypto go up together, crypto goes up a lot more than stocks do, this is why you should always have crypto in your portfolio. People will talk about what they think will happen but that will always be their "opinion" unless they are getting in the trade with tens of billions of dollars their opinion will change nothing.

This is good news coming from you. So you don't expect bitcoin going to zero which is super good! Thanks proudhon.
By the way, my range is that of 18000-20000 simply because it takes a few more publicly traded companies to start accumulating sats and the price can not go any lower if some many coins are out of reach.
And the more coins will be secured in everyone's wallets the higher the price you all know this.

$18000 - $20000 would be my favorable price. There are many elements why I choose this option. Do you remember how much impact the Chinese can make during the new years? They are always interested in bitcoin in both New year and New year Eve. I bet they will continue to raise the price of bitcoin higher in this year. Next, bitcoin is on its bullish train. It is hard for it to go any lower. And of course, it can not sideway forever, too. Sideway may only last for a couple of week and then new peak will be created according to my personal analysis. Well, just hope that I will make a correct prediction in this case. I always love to see my anticipation comes true

Nevertheless, stacking more ethreum is my priority. Holding ethereum gives me the better profit than  holding bitcoin. Long term investment is what I aim for. Both bitcoin and ether will go up. But surely ethereum will generate more income for us

Indeed, of course many expectations from bitcoin holders or crypto followers, with what you say about the price of bitcoin. but it is likely that such high prices will begin to occur in the next year even the price may be more than in 2017.
if the end of this year my approximate range is $ 15K + only.

in principle, this is indeed the time for bitcoin to be able to determine the strength it has that will make everyone happy even as altcoin holders also get the impact of this increase.

You would really expect something into those people who been looking for the price to go to the floor. $100? Im aint saying its impossible but going back this low
then i do believe that theres something serious happen with Btc or shall we say its dying.There's no way on going back into those levels after all the years
we've been here on this market but somehow though which people do have their own views.

My views on the price to be approached on New years time is on 12k-14k or even on 16k will be ideal or realistic.I havent voted for moon yet because it
cant really be achieved on a short span of time.

Actually, IT IS IMPOSSIBLE, atleast for the next 10+ years. As you can see, Btc has been constantly rising every year. This technology has it's long way to go and the price we're seeing today is just the beginning.
Looking at the continued progress and innovations in crypto space, I don't see $100 close to happening.

Yep, those are some realistic range, and I might say $15,000 is the safest range for the prediction. Btc has been hovering around the $11,000 region and there are like more than 2 months left. Btc might have another run up to $15,000 or more and it'll probably be on the closest $15,000 range on the first day of 2021.

With its current price right now, I think the $12,001-$14,000 will be the range of Bitcoin price at the end of the year.

I don't see any news that will make the price of Bitcoin rise. Ooops I see one reason and that is the U.S. Stock Market. After the election, lets see what will be the effect of the election to the price of the Stock Market and also the Bitcoin (since Stock Market and Bitcoin's  are correlated). Maybe there are some who are predicting the higher price but if there will be good news in the upcoming months then probably it will go at around $14,000-$16,000 or at the $18,000. Lets wait for 2 and a half months :D.

In early 2021, the price of bitcoin will reach more than $12000-$14000. Here I agree with OP. Yes, even though my prediction is this without the use of technical analysis. But some experts claim that by 2021 bitcoin will reach $100,000. But the name is also a legitimate prediction, just want in what number and whose name predictions are sometimes inaccurate.

Haha that's such a curious prediction because it is not even a prediction rather more an assurance in oneself that bitcoins won't be zeroed.


Might be too much to be honest with you but surely 15k is a serious possibility because we have passed the worst times and now the only way bitcoins should move is up but still I cannot expect 20k at all being realistic. Look in past years we gained mammoth growth because adoption was high but now already bitcoin is popular enough so unless big investors come in to play we cannot expect too big of a growth, talking of investments someone recently invested 50m in bitcoins as mentioned here in this article: https://www.coindesk.com/blockchain-bites-square-50m-btc-metamask-users-bitmex-ceo

If such things continue to happen we might actually see 20k but still I would say $12-14k or $16-18k are the best possible options.

Don't know the basis on why those what you called experts predict the price to reach up at $100,000 since it's so unrealistic with no basis claims  for dropping that numbers. Maybe best for us to step listening to those people since most provably they are starting to move up their machinery to hype for their own gain although it's good to ride with those hype but we don't know the end point and we might gonna lose our money if the prediction didn't came.

Bitcoin prices are on the rise now.  I think it will last until the end of the year but at the beginning of the new year the price of bitcoin will start to decrease a bit.  As far as I'm concerned, the price of Bitcoin will be between $9k and $11k at the beginning of the new year.

Yes, I also feel amazed if they predict the Bitcoin price to reach a price of $100 000 by the end of 2021. But they said that claim when the halving has not occurred in May 2020. Is this possible? To get to the beginning of the year only 2 months more.

We don’t know either, but maybe it can happen, but it will take several more years. We never know.

Your prediction is close on the $14 k to $16 option and I voted for it, I think for me this is more realistic and can stand judging on how the price moves, but we do not know how it will play out maybe it will make a big dip or a big turn around or another all time high will happen this year a lot of prediction and uncertainty and this what makes following the market very excited.

The collapse of paper money comes when more is printed than the economy needs. Locally, this has already happened in many countries throughout your life. The global currency has avoided this so far, but there are no guarantees that it will be so in the future.

As for the dead economy, in my country it is already somewhere near  :D

I chose for Moon, because it's my dream this year that the Bitcoin price will reach a new all time high, I
 hope the Bitcoin price this month can reach $ 14000 and the correction will then reach $ 20000 in the end of the year and new year,
what do you think?  ;D this make me enthusiastic

I am predicting the price of bitcoin mwhich is closes to what will happen by the end of the year, i chose 14 to $16k  because bitcoin will pump again a litte before the years ends. 2022- 2023 i think the great bullrun will happen.

Not so long now to the end of the year. Still well within that range it has been within a while.

I saw the red dildo talk and expected to see it worse, its not bad really.


Here is my simulation based on trend. (made up by my mouse Terry)

https://i.imgur.com/ho1iznU.jpg

I am not a very good analyst but my prediction of Bitcoin price by the end of this year is between $ 12k - $ 14k...
time is really fast and 2020 will end in 2 months, if you look at the market sentiment and political conditions then nothing will make the Bitcoin price change drastically until the end of the year.

I would like to believe in your prediction, because it is optimistic... But everything can be solved in one moment, especially now there is again a threat of pandemic and closing of many countries! Still, this is not positive news....

If history repeats itself and we are in going into bulls which many are waiting I think we can go to $18,001 - $20,000 range within the end of the year and continue to explode up to $30k in 2021 Im very confident that its not really impossible to achieve it we are all waiting for this from small investors, whales and institutional players all are set now let the game begin. 

I thought a thread like this will be created before December but we have one now this early, I voted $12000 - $16000 price movement since January moves very slow even though we are already in the bull run and there are so many positives things that are happening the price I voted is more realistic, it's already interesting that those who predicted to the moon are just few, it seems many are following the price movement.

I don't think that bitcoin will cross $16k at the Q1 of 2021. Probably bitcoin will be between $12k to $14k. But at the middle of 2021, there is a chance to big pump for bitcoin.

It's very unlikely to happen that bitcoin will cross to $16,000 at the Q1 of 2021 because, as of now, bitcoin has difficulties reaching $12,000, but bitcoin's price is currently increasing that it is now $11,754.80. So bitcoin might only stay or get its price of $12,000 in the Q1 of 2021, and if that happens, there is a chance that bitcoin's price might reach between $14,000-$16,000.

Looks like Majority of voters believes that we are in good faith this year till the end,because the winning Numbers are $12,001-14,000 and $14,001-16,000 indication that the whole forum is believing in positivities 


in total of 95 voters those 2 have got the Highest votes.

I am one of the few that voted on the range $18 k to $20 k although it's a long shot, but we never know we have seen the price drop when the pandemic started and it is now back on it's feet and stable at $11700 we never we still have over two months and many things could happen within that two months.

I remember this thread so I will try to bump this up, and this is the latest:

https://talkimg.com/images/2023/10/19/RKgwd.png

And it's seem that we are always in the $12k range now and this open up a lot of possibilities as there are a lot of leg room right now, still way ahead before the end of the year. And it seems that most users are good in predicting the price range. Because it could be in the $12k-$16k range now.

3 weeks later, I voted between $10,000 and $12,000. To be honest there needs to be some event happening that makes $12K a support otherwise we cannot hold this value for long. We'll probably be holding on to $12K in about 6 months as the price matures.

Then there's the election which if Trump loses will bring down US steel and, consequentially, bitcoin because bitcoin stock has connections with US industry, and less with technology. I don't see Tesla's wild movements affecting bitcoin for example.

In such a case then BTC can't recover in time to establish a foothold at $12K by the end of the year.

@LFC_Bitcoin you going to be buying beers for the correct guessers by the way? :P

EDIT: 3 hours after I wrote this, BTC surged up from $12200 to $12800. Events like Paypal are what I'm talking about.

The speed with which bitcoin is growing in price today, breaking the $ 12,000 mark and reaching a price of $ 12,822 in a day, allows you to believe in a lot. Bitcoin has always presented us with surprises in its price growth. Apparently, this time will not be an exception either. Therefore, I think that it is quite possible that the price of bitcoin by the New Year may rise to the level of $ 16,000 - $ 18,000. Indeed, now the cryptocurrency market is in a pretty good situation for the further growth of the cryptocurrency market.

Predictions are nothing it's just a belief, people will always be there to fool you but that's how you need to tackle it. BTC will go to 100k or BTC is dead all these stuff should be avoided as much as possible.

BTC is a speculative asset, the price is purely depend on demand and supply. However there are possibilities for a minor surge in the first quarter still it depends on the market situation.

I believe a lot in bitcoin because it has proven its value can go up drastically in recent days. Now the price is above $ 12,000.
My vote this time for bitcoin will reach $ 14,001 - $ 16,000 and it turns out to be in the first place with the most 30 (28.8%) voters. So this is just my prediction without technical analysis. To be honest, I am not a good analysis and most perfect like most trading experts. However, it turned out that my prediction was number one. In fact, the price of bitcoin could have crossed $ 16,000 if there was positive sentiment in the market.

I think history repeats itself, I also read many posts in this title thread now, the possibility is huge. My current prediction at the New Year will be around $18,001 - $20,000, then it will continue to increase.

By the way, I should note that after the last correction, most traders (in my opinion) expected a further fall, but the opposite happened. After many times you observe such "illogicalities" thoughts that someone (whales) are controlling the market to eat small fish arise by themselves  :D

And after reaching $13k, it seems the run has faded away, lost like -1% in 24 hours, but still good though, above $12k currently. So I would say that $14k-$16k would likely the range of the price at the end of the year. Don't hope for a massive growth to $20k, I don't think we like it because it could also cause another downward spiral, if the bubble has been burst. Will probably see that price in 2021 and that makes it very interesting, specially if history are going to repeat itself.

Going back to this thread, I chose the $12-14k level. And that level already happened. About more than couple of months to go, and I believe $15k is not hard to reach. But for those that are aiming for $20k, that's not easy these days. Just be conservative with your targets.

I voted for 12,000-14,000 but it looks like the price is going up to 14,000-16,000 as the effect of Paypal adoption of cryptos is making sense nowadays.
well at least the last performance shows we can go upto that level things that has been denied for couple of months.
Now we are enjoying the movement and seems the next target is 14,000?

If price growth continues on normal phase, This prediction might right but the price suddenly show some huge price fluctuations, I'm sure that 2017 bull run might happened with same result on new year which is a massive dump. I preferred the BTC price growth will be parabolic so that it can maintain a steady and healthy growth.

As we can see. Most of the famous crypto figure are shilling and hyping BTC. This is a sign that a strong short-term bull will come in the following months. And the after effects of this scenario is very bad on the BTC overall price.

What do you say about the paypal issue, of course many predict an impact and I do not deny it but to what extent?
In fact, I still predict that bitcoin will be able to fall back even though it is currently in a pretty good position.
because there are still 2 months ahead for bitcoin to be able to maneuver in the direction he likes, because the determinant is precisely the end of the year which will be able to touch $ 15K. where this is not the highest value that bitcoin will achieve but will continue to run when the years change.

I voted $16-18K But I think it would be around $14-17K range before we enter the New Year if the price continue to grow like how it has been lately.
I am bit skeptic since we are talking about Bitcoin price and most of the time it could easily switch it's path instead of going up it could drop down.
So I think it could be around $10-12K or $14-17K range before New Year.

the end of the year will determine where Bitcoin will go, if it can stay above $ 10000 I think Bitcoin is still safe and still Bullish,
correction occurs that's a natural thing, many experts predict that Bitcoin will experience a correction drop at $ 12400 before continuing bullish again.
I still hold Bitcoin for the years 2021 - 2022, because according to history the bullish happened when it finished the halving.

anything is possible.  Seeing the positive news that is circulating, it is possible for Bitcoin to be at $ 18,000 - $ 20,000 until the new year.  This "PANDEMIC" period is proof that Bitcoin is a digital asset that can withstand times of crisis, those who want to buy Bitcoin are growing..

The only kind of indicator for prices around here goes back quite a while now and the reason I would take note is that volume previously is far greater then what is appearing now, at least by looking at Bitfinex exchange which I think is still the largest.    If larger volume previously is more significant then price action now we'll have to accumulate more momentum is my guess, I dont believe it has to rise or has that pressure to ignore any selling.  The 13500 area is some guide to previous closing low prices and also roughly the tops of 2019 summer is still relevant to now, till we form it as a low.

Why no 12-14k?  :D
I think that in fact the price can be anything. There are too many global events that have a strong impact on the entire economy and bitcoin as part of it. A pandemic, elections in the United States - all this can easily move bitcoin very much in any direction.

Drop is inevitable and this had been always the nature of Bitcoin or the entire crypto market where it can changed up on least expected.
We might be seeing some prince increase or rally but doesnt mean that it will continue to rise into those levels where most people do anticipate after all the years
we've been here on this market.New years approaching or we do already had 2 months left before this year ends.We are on 13k price level and somewhat
stagnant at the moment. Next move? No one knows because neither it would go head back again in 10k  or lower.This market is always been unpredictable
thats why its hard to make out some conclusions.

^ Interestingly, probably you were right that bitcoin will hit the price of $14k. We are now on $13k plus range and it seems just a little bit and you will hit the exact prediction. But sorry, I am much more optimistic than you. Bitcoin price will become $20k at the end of the year at it will continue until the new year in the next year. If you will listen to the news, most likely it is positive since last month and I think this could be the reason bitcoin will continue growing. Paypal announcement and the halving effect could be the most reason and the US election will probably also boost the price.
Nevertheless, I will choose the prediction between the range of $20k up to the moon.

I'm starting to think that Bitcoin could creep above the $15,000 marker, especially with the increase in recent weeks. This will tend to create a snowball effect and fear of missing out. People who saw the last spike will want to get in on the action and are sick of low savings rates on offer with mainstream banks. It could be a very interesting time for Bitcoin in the next few months.

My $12,001 - $14,000 might be looking a bit conservative right now. Sentiment has totally flipped bullish, it could be a fair bit higher (I certainly hope so).

The price prediction doesn't looks to be conservative, as per my understanding about the market $12001 - $14000 seems to be realistic prediction. The price barrier of $13000 getting stronger without much fluctuations taking place. Anyhow the price should not fall back by the new year which is the expectation of me.

I would guess pullback towards year end is quite reasonable but what would I know anyhow, more important is the price action is not giving much clue of weakness.   Even with wider markets quite negative for this moment and dollar rising, I think BTC fairs some choppy waves quite well.

https://talkimg.com/images/2023/06/12/Acboj.png

So a pullback but only within the higher range post breakout, its not even got to 12700 or so which is the rough support.    Would have to presume theres some underlying buying or strength in the price, just paypal news doesnt cover it because thats more a future effect then actual revenue now.   Speculation is always subject to reversal yet we're mostly up and remain.   Lets see if dollar can break range up, that'll be proper pressure.

Yeah, the price would not just keeping moving upwards as a correction might happen anytime soon and the 12-14k seems like a bullseye prediction in all honesty because after every hike there happens a correction usually and then stabilization on that price for sometime and if that trend continues then 12-14k is the best possible prediction and I feel awkward for thinking 10-12k as I am damn sure that the price won't drop below 12k for sure this year if ever it does.

I am happy though being proven wrong because we all hold bitcoins and so do I, which means the value for my faith in holding bitcoins has finally started to pay off and I am one of those guys who sweated hard in March when BTC market was shaken to roots but despite sweating and having sleepless nights I never sold my coins.

We will meet the new year soon, of course the resolution in 2020 if it hasn't been reached doesn't seem perfect to end this year,
and of course in the crypto currency community the resolution is the price of Bitcoin can reach an All time high at the end of this year,
my prediction seems to be Bitcoin will try to $ 15000, if successful then we will see a new ATH.

Considering the current moving average of the bitcoin market, recent news from PayPal and many institutional investors purchasing bitcoin, lead the current price to over $13,000. Calculating the trend direction, possibly to reach $15K by the end of the year, probably within $14,800 - $15,000. a lot of things can happen in 2 months as we know bitcoin price 2 months ago was $11,500, an increase of 12%, the price of bitcoin in 100 days increase 40.54%, and 200 days increase 56.6%


source (https://www.barchart.com/crypto/quotes/%5EBTCUSD/technical-analysis)

Yeah true, the poll results were influenced late by the price surge we saw lately. The 16-18k slab was looking like not many people believed in it but now we see some healthy number of votes on it.

Not your fault because we all thought that range was the best possible option but the late surge has changed the mindset for everyone including me because now it seems like what was looking hopeful earlier is now realistic and within range.

Bitcoin market is so funny and when price drops I saw so many articles talking negative but as the price now rises everyone is pep talking about the price. I loved the poll you created because 100+ votes gave a fair estimation of the market expectations.

People who saw this topic at first had bitcoin around 10-11k range and having 12-14k wasn't really that conservative at all, it was something ambitious because we are in crypto world and you never know if it will go up or down which is why saying up was a big deal to begin with, doesn't matter how much it goes up, if you knew it would go up that was a correct call.

However bitcoin already peaked over 13k, so it is already on that level that you guys guessed, I said 14k to 16k one and I am still behind it as well, I think it will go that level before the year ends and maybe even more but 14-16k range sounds reasonable. Price could have gone from 10.5k levels to 8k as well, nobody could have guaranteed this hype, paypal helped with that a bit as well, so we are all right as long as we said it would go up.

When the time we had make out such predictions then it would be worth if we had make out some step or act as well to buy while its still cheap.I had read up this thread
since from the beginning and honestly even earlier i did really make out some purchase and did really make out some profit on shortest time as possible.This is should how
people will really make out some active trades in shorter time frame rather than on going for futures but well its a choice though.No one can really predict out on what
would be the price in next minute but 14-16k sounds realistic for this year end basing of on the movement we had until now but to think that dumps can happen either way.

I think it's likely to be in the $15,000 to $20,000 range. It's hard to get more specific than that but with Covid surging in many developed countries around the world and stock markets falling again, there might be a bit of a peak as people are looking for new assets to buy. Digital currency seems like a great place to diversify into at the moment and allows people to move money across borders with minimal oversight from governments who might want to take a chunk of it.

I'm looking at $12,000 - $14,000 by next year. This because next year is predicted as bull year. So just as bitcoin was locking around $10,000 since three months ago, this can happen in January 2021 in the range of $12,000 to $14,000 above. We know we hear less of covid-19 in 2021.

This prediction isn't weathering too badly, if we don't suddenly go up too far.


I overlaid the action since my prediction chart, see we broke the channel. Lets not go back.

https://i.imgur.com/60lKQYh.jpg

I supported the chart illustration because the market momentum in the next few weeks is yet to certain because the current suddenly uptrend was caused by PayPal cryptocurrency implementation announcement and the arbitrage seems idle these days due to the state of the Bitcoin transaction network while market downtrend is usually expected during the first week of every new year.

I'm feeling real bullish on the market right now.  Didn't think we'd see 13-14k until the end of the year but as we've crossed quickly into this range I can see new years being in the $16k-18k.  Bitcoin bulls happen fast and swift.

Everyone talked about how it will go up but I want to ask one more thing that may change everyone's opinion and what could potentially happen.

On December 17th of 2017 bitcoin price reached $20k and that has been considered all time high of bitcoin, sure few hundred dollars less or more in some exchanges but we just simply say $20k, this was on 17th of December. Have you ever checked what the price was while we entered 2018? It was already around $15-16k range and dropped from that $20k high level, a week later? It was $14k and we all know how horrible 2018 went with as well.

So, what I want to ask, even if you think that bitcoin will go up soon, do you think it could start the fall before 2021 starts? Or on early days of 2021? I do not doubt price going up but I don't know when will it start going down.