Bitcoin Forum

Bitcoin now reached $18k value which is near at the last ATH value. However there are some people that predicts more than the value of last time ATH.

Citibank Executive Says Bitcoin Will Trade at $318,000 by End of 2021

 Citibank Group’s Global head of Citifxtechnicals product, Tom Fitzpatrick expects to see the price of bitcoin peaking at $318,000 by end of 2021. Although he concedes that his prediction might seem improbable, Fitzpatrick argues that such a surge will still be the weakest rally for the digital asset when compared to other assets such as gold. He also adds that bitcoin is all about the”unthinkable rallies followed by painful corrections.” Bitcoin will see huge price swings before finally settling at the predicted price suggests Fitzpatrick.


The Citibank boss cites some of bitcoin’s key attributes which include the digital currency’s “limited supply, ease of movement across borders, and opaque ownership.”

https://news.bitcoin.com/citibank-executive-says-bitcoin-will-trade-at-318000-by-end-of-2021/




Is there any truth in what Citibank Executive said? What  do you think guys?

It seems too far if we are targeting bitcoin to strengthen up to $ 318k by the end of 2021, because as we know currently bitcoin movement is indeed in a very positive condition. Because many maybe one of them apart from cooperation with paypal as well as a vaccine that looks more positive in order to prevent the greater transmission of the corona virus is also a separate impact for the strengthening of bitcoin.

I think at least bitcoin should come back to break the $ 20k price first to repeat whether it can break back into the $ 35k price later, of course this would be better to focus on first I think.

nothing is impossible for bitcoin, usually I see a lot of big people doing predictions correctly, so it's not that Citibank Executives are right either, we still appreciate every person's analysis, but actually everyone seems to know that bitcoin is always like that every 4 years, I have heard this on almost all social media and analysis of some crypto experts, if it were easy to touch $ 20k, I think it would be easier to touch above $ 300k

I've heard such predictions before, they need more FOMO on the market, throw their bags and start all over again. History always repeats itself.

I think it's entirely feasible, there's a lot of easy money in the world to be converted into hard money - Bitcoin.

Predictions aside, how long before the US dollar (& other major currencies) see massive currency devaluation?

Bitcoin's value in dollars is essentially infinity over the long-term.

Bitcoin has no top, fiat (dollars, euros, yen etc) has no bottom.

Yes I'm bullish AF.

It's about to get real.

That is bullish coming from a banker and appreciates the potential of bitcoin. But that prediction is making me remember about those predictions that was brought early 2018. Those predictions said that year was going to be a good year yet we've seen that it's a bearish year.

At the end, it's still words and speculations as bitcoin is living through it. Let's get the appreciation coming from the guy but even without his words, we'll see bitcoin reaching a new high.

The market of bitcoin has moved high from a valueless token to an ath value above $20000. Now the price is close around $18000. What we're talking about is bitcoin $318000. Bitcoin has got the potential, and the growth it has experienced over the years assure the same. To reach 0 - $20000+ it has taken around seven years of time, and to $318000 in an years time is really a hard pick in my opinion.

NOthing is impossible with the height of price in 2021 but conservative prediction will help to take profit at a good price. A larger percentage of traders did not expect the 20k ATH in 2017 and when it came they were surprised and expecting more. Most of the top prediction are from beneficiaries of 2017, they know what bitcoin can do. This time we dont have the ICO that can raise $300 million dollar from a project. ATM startup are still struggling to raise fund and old coins are not getting back to the ATH. Narrative is changing and 5x-10x from $20k is only the possibility of most conservative mind

Absolutely. $300-350K is right in the range of "normal" based on extrapolations of past bubbles.

People who are too focused on metrics like market cap, or the historical logarithmic trend, think such valuations are impossible. And there are many such people on this forum. I think they're in for a rude awakening come late 2021 or 2022. ;)

Although it's possible, but it's a really unrealistic prediction IMO. We know everything would happen anytime with Bitcoin, but that kind of production would lead to a lot of loss by creating a FOMO. The same prediction we have seen in the last bull run in 2017. As a result, many new investors like me lose their portfolios. Because based on some unrealistic predictions, we thought Bitcoin price will raise more and had waited for that. But eventually, we regret it. My personal belief that Bitcoin wouldn't trade $318,000 by end of 2021. Just be realistic and follow the trend.

once again bitcoin price is making a move and once again any newbie who has created a crappy service is advertising it by making a prediction about future bitcoin price. they also hype it up so that the news sites report them better and get more clicks (a win-win situation for both the crappy service and the crappy news site). granted this is an old group with new service but it is all the same.

A wild prediction that came from the big name. I won't take it as a prediction as he is not even expect in the cryptocurrency. that doesn't make sense to predict bitcoin will reach such rate consider bitcoin is not yet even passed ATH. Is that another joke? I wanna try to talk about this when bitcoin has surpassed 100k at the end of this year may be the second quarter of next year.
It looks so funny to see he doesn't even try to call a sense rate for bitcoin to be used as the future target.

If new ATH do happen this year or earlier the next year I don't think that's a possibility by end of the year 2021 as it could be a bearish scenario, just my two cents. FOMO is a good thing but isn't it too wild and it also comes from a banker, can he extend it? LOL!

Just like you and me, it is just a wild and educated guess from someone from Citibank. And since they have embrace bitcoin or at least very positive about it, I wouldn't surprised by this statement.

In any case though, you may want to get this very interesting thread by @fillippone, Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity (https://bitcointalk.org/index.php?topic=5191012.0), this model might give traction to his prediction.

Why not? If by the first months of 2021 it shows massive pump to $100k then it is easier to reach that high.

Although, it is too early to jump up off to $300k by the end of 2021 but the thing is, bitcoin may have a good potential to increase it's price to unexpected level. Let me be honest too, Citibank is trying to make some FOMO. It's how crypto industry reacts on this prediction.

Anyone can play with speculations, and the fact that such statements come from someone who represents the bank may give this statement some weight, but no one should take it as financial advice. I personally hope that in the next 2 years the price of BTC will reach six digits, but I am not obsessed with it and I will not consider it a failure if it does not happen.

I have nothing against Fitzpatrick being right, because in that case next year at this time instead of rain, snow and winter I could enjoy some exotic island with lots of sun, sandy beaches and a few pretty girls 8)

Not that easy because we know that bitcoin will not get the pump quickly. But we have the opportunity to see the bitcoin price will increase higher, and we might see $100k as the highest price. But to go to that price, we need to be patient, and we will have many corrections that will happen to bitcoin before the price can increase. But I am still unsure if the bitcoin price will be trading at $318k by the end of 2021 because that price is too high to be reached in less than one year.

I think $318k is an exaggeration I would say because getting your hopes high is one thing and being blind by an article or prediction is something else. We all know what kind of predictions John Mcfee used to make and even made statements to eat his dick on national TV for which someone even made a website dedicated to that event - http://dickening.com/

So, I would say that $318k is too much of an ask but for sure we can talk about 40-50k by the end of 2021 and that is realistic although if we get stuck on a price like we got stuck around 10-12k it might take a while to reach even 50k but with current movement patterns, I am sure we will have 50k reached or at least touched by the end of 2021.

Anyone could give their prediction about bitcoin, if this year ends will reached a new all time high we can expect a good movement trend in the market next year.  About the assumptions of price is too much high and were not certain what will happen by year 2021. Many of us users of course wanted to see bitcoin in another breaking record of price so many users express their thoughts on the price to reach next year.

Wow. Some executive in a known bank is that optimistic or just crazy?  ;D
That is way too far.
Even in 20k-30k, it will difficult to maintain already.

Panic sellers. Oh, when you are in that position where you are okay with the profit, you will sell without hesitation anymore.
Traders. Maneuvering the price to make more money. They will need to sell at some point and buy back to another point.

$318k is way too much, it is definitely something technically possible because this is bitcoin and technically speaking it could be 1 cent each or 1 billion each but that is only "technically" possible.

When you think a bit more rationally you realize that bitcoin is not going to be $318k by the end of 2021, that is why too soon and way too high for something like that to happen. I do agree that we may break over ATH price and I agree that we could be at a level double what the previous ATH was (it was $20k, so $40k) but I do not believe that $318k is on the table for now.

For that to happen we need to see institutional investment to suddenly 10x increase and billions of dollars need to go into bitcoin all at once to make the market that big for us.

Agree and these talks start happening once there is a small bull run and once a small down trend happens these same guys will then ask, can bitcoin hold itself at 5k? I have read many such articles when price around March was dipping and articles were like can bitcoin stop the bleeding or can it hold around 5k. So people are gonna talk based on how market moves and making speculations is not a bad thing either, but like bitcoins we as a community are highly volatile too as we change opinions faster than a Chameleons changes colors.

Specially since the growth from $0-2000 was aided by adoption and now that the market is almost saturated, by saturated I mean almost everyone knows about bitcoins so for now to gain that kind of a growth we might need something extraordinary.

I think it is too far for us to predict Bitcoin at a price of $ 350k by the end of 2021.  $ 100k is still very reasonable. Although the Citibank executive's predictions are not as wild as McAfee's predictions this should be appreciated..

true, Citibank is trying to create a new FOMO in the community so that they don't miss the moment where they can generate multiple profits from bullish Bitcoin..

It's over thinking with the price of bitcoin.It's  suffered to reach of 20,000$ again.The huge massive pump occur in the bitcoin and next will be dump for sure.But the thing is we don't know the extract time ,so hold till the minor dump occur .When you feel the dump started again,kindly sell at good rate and don't feel later.

I would trust a citibank executive and his crypto price predictions let alone legacy investment instruments lol.  Looking a year ahead in crypto right now is almost impossible.  Take it in month segments, i can say bitcoin will be $500k in 5 years but i mean valuable is that prediction its a guess at best. 

It's very surprising that he made a particular price at a particular time to make a prediction, whatever tool he is using I don't think any tool can accurately predict the exact price of Bitcoin at a specific date, although he concedes, that his prediction might seems improbable, his prediction is just two years to go and even if Bitcoin pump big time from time to time I don't think $318,000 by End of 2021 is attainable, but only the future can tell.

^ That prediction is too far for me. Probably it will happen but not next year, 2021. We did not reach yet the $100k and if the new ATH will break into a new resistance during the year-end, probably there is a chance. We are getting there for sure but that is too early for bitcoin to show a massive increase. Nevertheless, there are too many predictions on bitcoin that I had read, they had different numbers had to choose from, and happy to see that they all have a very optimistic prediction for next year's bitcoin price.

A more reasonable projection I saw was from here till 2025 for the next bullish phase in BTC long term cycles.   I dont think its the next year unless the quantitative easing process and fiscal deficits mean dollar value trades substantially below where it is now.   For the moment Dollar is just within a range not especially in a trend downwards, in 2017 one of the key features was a year long prolonged sell off.   It has to be noted 2017 was also following a new president so if the same concurrence occured in weakness of various measures counter acting in BTC pricing then its more possible.  20 to 50k is bullish enough of a target for the next year and would surprise to the upside for almost any speculator.

I will certainly have a panic attack if the price of BTCitcoin touches hundred thousand next year and the reason is quite obvious it is impossible to see those valuation in a short period of time unless you accept that the price of BTCitcoin is a bubble and it will burst every rally and you need to wait another 4 years to see the bubble again and i do not want to see that but we might reach those valuation in the next 10 years.

Sorry, but that was over speculated and far from reality. I'd never think of a huge change in the market situation but likely the same as what we have to see now. The hypes, dumps, and pumps are still what we experience.

2021 is full of hope but the market still unpredictable and volatile. We can't expect as well that the market went smooth or might be worse than of the pandemic. However, we are in that situation for a long time, and that possibly the scenarios that we are able to face again and again. But if we trusted crypto and think that this will helps us in the future, there is nothing worry about.

I want also to share this stock to flow chart by @100trillionUSD.
It really showing a huge amount of numbers in terms of the price of Bitcoin, if you will check the chart in still ranging to $100,000 - $500-000. Which for somebody it's kinda impossible for Bitcoin. Sometimes I also think it's impossible but Bitcoin is really proving everything is possible.

https://miro.medium.com/max/1925/1*qRg3VJ2U8PQOigvpjTgkkQ.png

Yes, it's over speculated only a man coming from the future can accurately predict the kind of stat you are giving, you can do an estimate but giving exact details and the time I don't think it's realistic, well McAfee predicted $1 million in just a short period time and many people are still following and imitating his stat, the only way the price will go to that level is after the next halving, not before the next one.

I am not going to lie, citibank executive probably knows more about finance than me :D. That is not something I need to try to make it look like I know what I am talking about because let's face it if you are an executive at citibank you are definitely someone who studied and have the experience to give these type of predictions much better than me.

However I still do not agree with them, I mean sure bitcoin has a potential to be at that level but honestly as long as huge banks and investment companies go into bitcoin at 10x rate of this year (which was the best year probably) we are not going to see that much money just from small investors like me, we need tens of billions of dollars go into the market from those huge whales in order to see this type of increase.

Let's wait do not be over speculative, this is not a lottery scheme everything works in algorithms and demand.

I know top corporate companies are giving priority to BTC but that doesn't mean the price of BTC will go 20 times from now, also don't rush for returns have patience and don't blindly believe celebrities like John McAfee. Think wisely and plan accordingly.

Indeed, Bitcoin is proving everything is possible. Though that figure sounds exaggerated, but let's take it to consideration that 2021 is still a long way to go and anything can happen. Most of the time, a very bullish speculations we're being made to create a market hype and encourage non Bitcoin believer to engage into investing with crypto.
At least this speculators may have a good impact and influence in the market sentiments that brings us closer to that figure.

No one would believe already on McAfee when it comes to its own predictions and even to those 6 digiters type of  predictions isnt really that likely to happen.

They are just exaggerating too much into the price speculations basing off on what they are currently seeing into the market.

$300k+ price in 1 year time isnt possible or gonna happen.We can rise up but not really as high with those speculations.Even if we do go in full adoption
we wont gonna reach that level.

So the best thing for now is to wait up and be patient because price cant just increase overnight.

I know that nothing is impossible in this coin yet it is very unpredictable, however, do you think it is possible for Bitcoin to grow that big within just a single amount of time? Yeah maybe we can set a new ATH right now but I don't think it will grow that big in just 12 months. Besides just like you have said Bitcoin halving only occurs every 4 years and it is more likely Bitcoin only makes a huge movement after the halving so I don't think will touch that amount in just as a small amount of time maybe it will take a decade or more. Unless if there something unexpectable happens.

Since around 2013/14 ish we've had traditional finance types applying their 'magic' to Bitcoin predictions. I'm rather certain not a single one ever got anywhere near reality. I have little doubt that this will be an exception.

I think we are likely to have our wigs blown off over the next year or so. To that extent seems rather fruity to me. I guess stranger things have happened but I won't hold my breath.

When bitcoin trying to reach its previous all time high I guess the prediction is quite reasonable. Moreover, its price was decreasing a lot from its all time high $3500, it is a very sharp drop in prices when compared to other investment avenues. But who knows, that its price can recover and just need three years until now.

Other than that, bitcoin has a decentralized system where there is no one who can be able to manage it, just the user itself who will make bitcoin price up and down. That means the bitcoin community is always growing and they are loyal to face many bad situations that occur. And I believe with these things can make bitcoin price always up in the future although there will be a huge correction comes. They will look at the current situation when bitcoin is able to reach its all time high, yeah they will always look to this situation.

Then good luck for this,i trust Bitcoin will reach another ATH this year and the next but 318,000$?sorry this is huge to expect and i don't wanna fail in expectation.

But what made me think that this is a Bank Executive telling us about the growth of bitcoin lol.
talking about truth is far to be answered mate,because everything is speculative and nothing will be certain until it comes.

Hopefully it will come because this will make me a millionaire if happen lol.

Many are looking for possibilities but it's really hard to think about how could bitcoin to reach that far and the given figures are so huge and it needs a massive demand before we can reach that far. I don't know if bitcoin could sustain it's current strong stands next year since we don't know on what will happen on that year, but if there's something big gonna happen which trigger a transferring from traditional fiat to bitcoins maybe we can possibly see that happen.

No i dont think so. It's too much to ask currently. I guess next couple of years will be bearish. We may see bitcoin breaking previous ATH by the end of this year.

I wonder why people can speculate the price of bitcoin to $ 300k,
even though the all time high is still not penetrated, we'll talk about it after the new all time high is reached,
and it's still very early for us to discuss, understand not to make people eat fomo.

That's not how it's worked in the past. Eventually the previous ATH becomes a fond memory. It's one small step on a much larger trajectory upwards. If we match other cycles then this year is nothing other than a warm up. The real action is next year.

We have no way of knowing whether it will repeat in a similar fashion but right now it's looking that way.

He is asking so he is not sure, he can out any number and anyone of us here can open a thread about the price and ask a question about Bitcoin's price, Bitcoin's price on how high it will reach is probably the best topic in the community.

We are good in propagating FOMO, and the best time to do it is when Bitcoin is moving up and after the halving, it will always a good topic to cover, to question and to support, because we are all investors.

No, the next year will not be bearish one. I think bitcoin can break records in next year 2021 as it did in 2017. We cannot imagine right now how high bitcoin can go. It may reach 50,000$ or could go to 500,000$. Anything is possible once it comes to bitcoin price.

Is it really about Bitcoin or it is about Citibank?
With all this hype, it's a good strategy to ride with it.
Use known names with positions so that the company name will be glued to it and be put on the news.
This is a good example of it.

Now, they exaggerated the supposed to be "attention" only using an out of the blue prediction of Bitcoin at 318k.

Isn't it a long time for you after targeting to see Bitcoin at 318k by end of 2021?-- It is really a huge time to wait if you want to make profit from Bitcoin by it's bull ran. Currently, we are seeing Btc at 18k ATH, this is happened for PayPal accept Btc. Moreover, the vaccine issue so that it can't spread widely. Biden wins in IS elections. All those things are positive for Bitcoin and it is now growing and we are currently expecting it at $30k+ in the last month of the year.

I like the optimism behind Citibank but that price is very optimistic although I'm not saying that this is impossible but the chances of it to happen is just close to zero.

In 2017, Bitcoin started from around $1000 in January to near $20,000 by the end of the year and that is around 2000% increase. Do they expect that this will happen again next year? Maybe? I don't think so. Too exaggerated prediction for me. What is happening now and in 2017 are significantly different already.

Close to 19,000$ now

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

and seems like we are now getting to ne ATH within this year alone and i cant wait what comes next.

how improving Bitcoin is since these days the Good word spreading coming from Banks executives?

Actually this is what they need to accept that adopting Bitcoin is the future of each banks now,or else they will be behind the future of currencies.

 Truth is yet to prevail but about the ATH is clearly around the corner.

Nothing is impossible in crypto however the price he predicted by the end of 2021 seems unrealistic because its too high. Now the current price of bitcoin is almost near to last ath but it takes years before we see the price of bitcoin surging this way. It always move upside down and even plunged to $3k that many investors lose patience and sell.

Well the good thing about bitcoin is there's always possibility for much higher price due to worldwide supporters and investors that can make the price soar high. As long as there's a high demand then we can expect a positive result.

Think about it this way. If they were 100% it would trade at $318K in 13 months, then why tell everyone the secret instead of just secretly buying the coins themselves? This is similar to how McAfee said that BTC will be $1,000,000 back in 2018 and people believed him.

I am sure their analysis is mainly due to the fact that in the past when btc broke ATHs, it went up multi times such as 20x in 2017. So $318K mathematically makes sense since the halving is also done and less supply entering everyday.

It also matters if $318K hits, will it stick to that figure. It might quickly go to $318K and a couple days later go back down. There will be a sell side liquidity crisis such as in 2017 and BTC can double and double in a matter of days however that number needs to hold for it to be a stable price. Just like almost nobody bought or sold any BTC at $19K back in 2017 since it was there for a few hours before crashing down.

This is a very hard question to predict or confirm something that is very specific on date and price, even the best traders and analysis, but it's good for speculation and to promote FUD who would not want to made huge profit if you bought Bitcoin at the current price and to see that the price reaches $318,000, if I have no that I will just buy a lot and wait patiently for that day.

Yeah, we can only follow the bitcoin journey while trying to take the benefits from the up and down of the price. If you want to buy bitcoin in a big amount, you need to wait until the price is at a low price, which can help you buy many bitcoin. Maybe that $318,000 will really happen by the end of 2021, so we can prepare from now on to make more and more bitcoin. If we can have many bitcoin, we will make a lot of money, even if we only sell some bitcoin because if the price increase by more than $20k-$50k, that will be a big profit for us.

That's true mate, we ought to wait for the cross of the All Time High in 2017 before making progressive assumption towards future Bitcoin price. But nothing bad from what OP said but not this time IMO. But wait, the $100k landmark hasn't been reach and somebody talking about far above that?, that's unfair in my honest opinion. Let wait for the ending of 2020 Bitcoin price before calculating the 2021.

the op only shared the link and the prediction did not came to his own mouth  . no need to flame him but we must infact thank him for the effort of sharing such good news although it was only annoying that the prediction was too big and it was also advanced 1 year  . the prediction wasnt unfair though , unfair is not the right word to use . if this good performance of btc continues that it leads to passing 20k usd , ill going to change my mind and believe on whoever predicted that because 20k usd is too legendary

I believe it will be around 40-50 thousand dollars and that is both a big increase and also a great realistic price as well. Nobody could be upset about bitcoin reaching $50k for example, everyone will be happy about it (except some shorters) and it wouldn't be too out of question neither, we are talking about something really possible. So, it is totally possible for us to make that type of profit.

I can't really say that it is going to be $50k for sure, maybe I am wrong but that is the max cap I can see bitcoin going, anything higher would be way too unrealistic and if it happens it could be a bubble that could drop a lot as well. One thing I am certain about is that if we could break over $20k barrier and go higher, those under $10k prices will be history and probably never happen again.

$318k no way. Maybe it could peak at that on the following market cycle, in like 2026 or something.

For this market cycle $100k I think is the main price target and the peak is likely to fall within 20% of that I'd say. I think it either goes close to $100k but failed to break it and crashes, it it breaks $100k and immediately shoots up another ten or twenty thousand in the ensuing market euphoria but that only lasts a few days and then it crashes.

End of 2021 is a possibility, but it could also take until 2022 sometime. My general prediction for a while now has been $80k-$120k peak sometime between Dec 2021 and Dec 2022.

Keep in mind, CitiFXTechnicals is a paid market insight product. This was a private report intended for institutional clients, and the report was leaked. It wasn't meant to be a public prediction a la John McAfee or Tom Lee.

No, i dont think that it can reach up that high even if we do say for a decade or more because if we do consider that price per bitcoin then imagine on what would
be the entire cap would be? It will be topping out or blow out those fiat in terms of marketcap in water and do we really think that they would allow such thing to happen.?

Being bullish isnt bad and making these speculations basing on technicals arent bad too but we should at least be realistic.

Why does market cap matter?

We are living through the greatest asset bubble in history. Don't make the mistake of assuming that for BTC to increase in value, that the value has to come from somewhere else (gold, stocks, the derivative market, real estate, and so on). That model obviously doesn't account for QE infinity and ongoing fiscal stimulus. It also doesn't account for fundamental supply and demand imbalances caused by extreme scarcity and greed, which can bring Bitcoin prices exponentially higher than those one might consider "rational."

As a contrarian trader, I'm really glad you guys (and apparently most people around here) can't even imagine $300K in the near term. That gives me a lot of hope that we're going at least that high in the next cycle.

Virtually everyone assumes every successive Bitcoin bull market must be smaller than the last. I believe there is a decent chance there will be a future Bitcoin bull market that far surpasses previous ones. That is what will happen if Bitcoin adoption follows an S-curve, and that's what mass adoption may look like.

I can't find how the market would pump that much within a year so basically if you look at the chart you can tell how odd the graph is knowing from $18k today to $318k next year. Somebody is sleeping too much while waking up they still can't stop dreaming of what if the price hit it that way. I expect a great bearish next year if you would ask me since after the sudden blows of price rising, the correction will start to follow then.

is it possible that will happen? Of course that's a question that will be done to anyone. There are many versions of the answer that will happen and everyone will be happy if there is an increase in the price of bitcoin. but are we realistic enough to be able to set such a high price. It is also the opposite of what you are saying.

If we look back from the first and second halving, it can be seen that the% difference in price from the first to the second is quite high. is that the reason for such high prices? I myself see from the Halving prediction it is also quite fantastic if it is true.

Actually it is not about the value that needs to tackle here because in future Bitcoin will reach that value but the problem is When will this be happening ,2021 is just a year from now and having hindrances Bitcoin is taking slow to reach the top.
it has been trading for $18,000 and almost 19k but still dropping again and again.
Those past 2 halving brings almost double from the recent meaning what we are waiting now is at least $40-50,000 grow for Bitcoin.

But since the pandemic strikes the growth is paused but now seems like trying to Get up for accomplishing the target price for this 2020 halving.

We don't know what will happen in the future, making people make many speculations about the bitcoin price, and I guess that it is normal to see people say that. Many people dream of seeing bitcoin price can touch $318k in the next year, but it will need more supports for bitcoin price to increase to that price.

The bearish will always come anytime, and we should be ready for that moment, and we can try to buy more bitcoin if we want. This moment will be a great time for many people because finally, the bitcoin price can reach it this year. So the chance for bitcoin price to go and break $20k will be wide open in the future.

In 2016,no one expected that bitcoin will reach $20K at the end of 2017 so we can't really predict anything about the future and highly unlikely to be when it comes to cryptocurrencies.

They are paying for something that is speculative,
does this mean that they are paying for something that has no guaranty, if you are paying for study or insight you will not accept a report like this that is speculative and do not have a guaranty.

When you are promoting something new to your customers you will want to have it look like it is going to be something awesome.

If this is a leaked prediction it means they were just saying this to their customers and when you are talking to your customer about something that is $10-20k range, would you tell them it will be increasing 10% and they should be happy about it? By that logic investors would stay with the index funds and not risk anything and they would make something similar anyway.

So, for you to sell something this risky, you need to provide them with something worthy as a reward as well, when you say $318k that means you are telling them to get involved with something risky but also the reward would be huge as well if they end up being lucky.

$ 318k is a difficult level, especially discussed now,
it's better to discuss about Bitcoin price whether it can reach $ 20k or drop below $ 16k, and that's better.