Bitcoin Forum

Hi,

I was interested to know what you think Bitcoin will peak at this year and what you think the price will be at the end of each year up until 2025

Here's what I think could be a fair estimate:

2021 peak: $95,000

EOY 2021: $65,000
EOY 2022: $100,000
EOY 2023: $150,000
EOY 2024: $300,000
EOY 2025: $500,000

Maybe you will say that I am too much optimistic, but I think there is a very good chance that this year ATH will be set at around $200k
The bull run will end at the beginning of next year and we will have 2 years of bear market, i.e. a repeat of the situation from 2018.

OK you are a n00b here. No problem :)

Facts:
Bitcoin has a 4 year cycle
ATH is about 6months after halving
Low point is a year after ATH

This year there will be an ATH.
Stable until probably 90-110k
Unstable upward to 190k or more crazy

After that it will crash down in the oncoming 300 days
It will then go to $45k or so. Typically ATH/6.

So your estimates for 2022-2024 are going to be way off.
The next halving is in May 2024 so the next ATH (around $1M) will be around may 2025
2022-2025 are going to be pain and suffering for new investers...

You can't be sure that every cycle will be the same. What you wrote is just very likely, but if it always did, it wouldn't be free market.
The market is influenced by many external factors. You saw for yourself how the market reacted to Musk's investment .. The same may happen if something bad happens and the market reacts with a panic sale.
But I agree that your predictions are very possible  :)

Sorry if I'm misunderstanding but Bitcoins halving was in May 2020 so 6 months after would have meant it would peak in November?

I was factoring in that there's a lot of big companies getting involved so I don't think we'll see the same kind of bear market that we had in 2018. I'm guessing that there will be a less significant bear market followed by another peak in 2022 this time around.

You may well be right though and I appreciate you giving your estimates. I guess we're all going to have different ideas about how this will play out so that's why I'm trying to get estimates from people like yourself who probably have a better idea than I do :)

I don’t speculate that much with Bitcoin, I’m just prepared to buy every dip price, and hold some until it reaches my target price. I usually don’t set-up a peak price since I don’t want to disappoint myself if bitcoin fails me to make money.

Well, we can’t go up for the whole year in the next five years, this is not possible to happen and there’s no history of this one since we always have corrections along the way. I’ll just leave my price prediction at the end of 2025, I think this will be around $150k.

You are right that things are different but that's what was said the last two cycles.
I firmly believe the cycles are driven by the fixed algorithm and how humans react to it.

As everyone my guess is as good as anyone's. Just sharing my experience  :-*

Yes november would be the peak. But I'm looking at July and August to be on max alert.
How high it will be, nobody knows but when your grandma asks what a bitcoin is and everyone is talking about it you need an exit strategy STAT!

I think we will have a similar cycle to 2013 with two tops. Maybe 100k before summer, bear market over summer and then top out maybe 200-250k.

It is hard to tell how much the price would be at the end of this year or even the highest price but since this is just for fun and prediction,
I am guessing the highest price would be around $70-90K for this year and the price before this year end could be around $80K.

I tend to agree with the statement of Wilhelm, Bitcoin price now was in the third cycle of having a new ATH right after halving has a great effect on the price and might will happen after another 4 years will pass.  It could reach a $100k price at the end of this year and the speculation of a repeating cycle will drop the price start on the last quarter by next year.

But speculations will remain speculation, nothing will change to the crypto sphere it is always unpredictable by its price.
If you will believe this Bitcoin Price Prediction For 2021, 2022, 2023, 2024 And 2025 (https://longforecast.com/bitcoin-price-predictions-2017-2018-2019-btc-to-usd), you will see it was predicted more than $100k by the end of this year. (I'm not sure either) ;)

It would be more correct to write that ATH usually occurs 1 to 1.5 years after halving, which was the case with halving in 2016 - and all this we see today is probably not yet a consequence of halving but the result of institutional investment and interest in BTC. It is also questionable whether things will continue as they were before, which would mean things will follow the pattern of halving -> ATH -> big correction -> crypto winter/accumulation.

---

Bergkampsballs, if we stick to the cycle, then next year should bring a new correction and a crypto winter that could last until halving 2024 - but that's just an assumption based on past events that may or may not be accurate ;)

If the cycle continues $3000 will get you a Lambo in 8 years  :-*

At the rate we're going $3,000 will more likely be the price of a mars bar than a lambo   ;D

https://eu.usatoday.com/story/news/politics/2021/03/06/bidens-covid-stimulus-bill-passes-senate-legislation-heads-house/6886446002/

2021 Peak:     $150k

2021 EOY:      $80k
2022 EOY:      $120k
2023 EOY:      $220k
2024 EOY:      $300k
2025 EOY:      $500k



Basically I think late summer / early Fall peak is likely this year around $150k. Think we'll get a moderate bear market, but with many institutions holding long term and likely eating up all they can handle once it goes back under $80k or so I think it'll only be like a ~60% drop that'll take a few months to go down, spend a few months around the bottom, and then be moving back up less than a year after the 2021 peak. Then a gradual bull market the next couple years (with plenty of ups and downs of course) before the next halving causes a big 2025 but it won't be quite as insane as previous bull markets because BTC will already be pretty mainstream by then, so maybe the price doubles or so to $600k+, then comes back down to $500k by end of that year.

According to geopolitical events and the regulations below are my predictions.
2021 peak: $65,000

EOY 2021: $35 ,000
EOY 2022: $45000
EOY 2023: $40-60
EOY 2024: $100,000
EOY 2025: $300,000

Bitcoin waits until you don't look and then it shoots off in a random direction...  :P

*edit: typo FML

As long as it continues to head in the general direction of North then we're all good.

95% chance it will IMO  ;D

There are only 2 scenarios that can happen in my opinion.
1. Repetition of previous cycles
I think this has a higher chance of happening, it will be the same 4 year cycle as before and that means after the current correction price will continue shooting up each time with a bigger rise and another 20% to 30% correction before another leg up.
In this scenario ATH will be between $400k to $500k to match the size of the previous cycles.
This scenario also has a chance of growing bigger (as the trend suggests) which means the ATH could be higher but for now lets stick to repetition only since so far from the bottom of the crash ($3200) until now is exactly the same as previous cycle.

2. An entirely new trend
The chance of this is lower but it is still possible to see the cycles be broken finally. In this case the ATH would be lower, it could be less than $100k but that also means there won't be any bubbles like before either so there won't be any bubble burst and no long bear market either. We could see a couple of months of bear market before it is replaced once again with the bull market.
I believe that this is the final type of cycle that bitcoin is going to see but not for another decade. For now we will see the same old cycles repeat.

BTW these prices in both scenarios are for end of 2021.

I cannot suggest what will be the peak of this bull market but there are few youtubers who are claiming that based on the historical data End of September (2 weeks before or after), it will be the peak of this bull run. So if you see a parabolic run near September/October be sure to book some profits so that we don't hold our coins in the next bear market.

Thanks man, I'm all in at the moment and planning to remain like that until July when depending on circumstances I'll look at slowly starting to take profits just incase the bull run does come to an end early but I think late September is probably a realistic estimate of when BTC is likely to peak so I'll watch out for any parabolic run coming around September onwards and make sure I'm not overinvested when that happens. Cheers.

Your estimating price seems to make sense as the bitcoin can increase higher, but we need to wait for a while to see if that can happen this year or not.
Bitcoin prices have many times to lift the price and break the new highest price, but before the price can do that, the correction will always come, so you need to hold on tight to your bitcoin and not panic when you see price drops significantly.
Maybe you can try to accumulate more bitcoin by earning more profit from buying low and sell high, so when the price has a chance to start the next rally, you will have the opportunity to sell at a high price.
But we will see bitcoin price moves from this month and wait for what will happen at the end of this year.

Maybe he's too optimistic for 2023 onward, but I believe that EYO 2021 Bitcoin will be $100,000+ with news like this:

Every Bank and Tech Company Is Moving In Crypto, Mike Novogratz Says, As Billionaire Ron Baron Dumps TSLA
https://coinmarketcap.com/headlines/news/every-bank-and-tech-company-is-moving-in-crypto-mike-novogratz-says-as-billionaire-ron-baron-dumps/

Only the SEC and total US Corporate crypto ban could stop the 6-figure Bitcoin.

I think these cycles are finally broken, why? Because we have a lot of companies and corporations and conglomerates all going into crypto and they are spending a lot of money which causes the prices to be different than they used to be, of course that is not something simply explained why they do that but they do it anyway.

Back in 2017 or in 2014 there wasn't anything like this which is why when we start to sell the price went down and crashed to low levels, but now there is even a bigger number of companies and they have billions so they can prevent it going down. They also have a reason why they would stop it going down as well because we are talking about a big loss for a huge billions of dollars worth of investment so spending few more billions to prevent that and making their shareholders happy is a good enough reason as well.

That's pretty accurate if $65k will be reached quickly this year 2021 because going forward to end of this year isn't easy to expect faster fulfilment. It could take long months before it will be achieved further due to many different struggles we're going to face. Just calm down, we will see greater things to come.

Not to spoil out the excitement but we wont really be having that $50k increment as years passed but if we do able to sustain this kind of movement of this year then
its possible but this wont really be a smooth sailing ride considering that there are lots who had been targeting out to that 100k resistance which would really be
a huge major selling point for those who had bought 30-50k price point in able to get 2x with their investment.It isnt bad to be optimistic but sometimes
expectations goes too high on when the price didnt able to reach out then thats the time we do really get frustrated.

Most people are waiting for that 100k to be reached, it looks like it will be a bit of a challenge but we are getting there, I know we are still 2x away from it or so and I know that people are not sure about what is going to happen, but I feel like if we are all trying to reach to 100k that means that price must be a bit realistic. We are not saying 500k, we are not saying 200k, and in fact it could have been a bit less rounded, like have some sort of situation where its 88k or something, or 90k or 110k, no we all say 100k.

This is why I feel like we are going to break that number, sure it will not be simple but it will definitely happen and that is why I am going to work hard to get as much bitcoin as I can since doubling my current investments would be awesome for me, it would really be very helpful, not that I would be rich but who could say no do doubling your profits?

Bitcoin is not having new all time high prices every year, it follows the cycle of Bull then bear so if we are having 65K at the end of this year then 2022 maybe the price will go back to 30K or even lower.

I appreciate that it hasn't in the past but I think this will time will be a bit different. Could easily be wrong but that's just my guess, I'm not suggesting that it's going to be correct.

2021 peak: $58,354

EOY 2021: $11,123
EOY 2022: $1,302
EOY 2023: $234
EOY 2024: $235
EOY 2025: $0

I am of the opinion that BTC will worth a minimum of 150K at the end of this year based on the current uptrend and the mode of correction. We are yet to see a correction that is up to 30% despite having over 100% rally upward, it is an indication that the current move will not end soon and might be continuous. Institutions and the richest man in the world are all in, huge things lie ahead of BTC

I think this year somewhere in the mid sixties is a good start.  I dont know if the linear line goes straight to $500k. I think there will be so.e major resistance along the way with tons of profit taking.  For it to be $500k in less than 4 years some major accumulation must occur...I mean major.  But who knows.  I hope so.

That's too much optimistic but it's ok we are in a speculation thread where a lot of speculation can be considered wishful thinking, I would like to be more realistic so I can take action on things before they happen, people are still speculating on the all-time high and mine is $90k, this is a moderate prediction, the best that we can do now is to support the price, it will pay off if we do that now.

I agree that we are not going to have all time highs every year, we may have some increases few years maybe but eventually we will have a crash here and there as well, that is why I write like 2-3 years high and one year low, two three years of high and then low, that is how I do consider it. In the end it shouldn't really matter though, we are in a situation where we do end up profiting from this situation, after all we end up with a profit in the long run so why care about the drop?

If you do not need this money and the money you invest is "spare" money that could go down, just buy it and let it be, because you will eventually profit from it one way or another. That doesn't mean that we should be considering this as a useless deal, it is still a great deal that we could drop and that is why we should be careful, especially after such a huge increase, but that should scare us too much to run away from bitcoin.

The price prediction happens all the time.But this year made a special one. Because most of prediction was occured this time.From 2017, we keep expected of new pump in the bitcoin price. Most of the time we are forced to face a loss. Because now the price in the ATH of 56k$, but same was struggled to reach of 10,000$.

How long can a bull run?

A btc bull has never ran for 3 or 4 years in a row.

However Wall Street had a 10 plus year bull run which was broken in March of 2020

The longest-running bull market in history celebrated its 10-year anniversary on Sat., March 9, 2019. It all started from the post-crisis low of March 9, 2009. The S&P 500's (SPX) closing price on that fateful day in early 2009 was precisely 676.53.Oct 16, 2019

So the real question is will BTC escape its 4 year cycle with this bull run?

My answer is how the fuck do I know? But I hope it does do it.
op has btc escaping the short 4 year cycle it has been penned into.

I could agree or hope he is correct.
The key is mining gear production and how long will It be held back due to world wide chip shortages.

I would love to see the run reach Jan next yer and then continue  on all of 2022.

I was a bit hasty and didn't let my math calculations finish computing. Updated confirmed projection:

2021 peak: $58,354

EOY 2021: $11,123
EOY 2022: $1,302
EOY 2023: $234
EOY 2024: $235
EOY 2025: $0.46

Proudhon’s financial assets

$34921
$201
Short liquidated... poof $0
Bank calls for the $30000 loan repayment
REKT

* confirmed by maths and science

Many times prediction goes wrong and some so called experts influence people in the wrong direction. When everyone was waiting for Bitcoin to cross the 2017 ATH and it seemed very difficult to cross. Because at that time the market price of Bitcoin was not increasing much. But the reality is that at that time the big investors silently bought the bitcoins of the weak hand traders. Those who sold their held bitcoins at the time now understand their mistake.

Well dang here bitcoin goes again almost hitting $61k usd as we speak.  Thats why its so tough to peg how much it will go up (or down) at any given time.  Guess we can just sit back and watch the badger do its thing this year.  Still stand on mid sixties but that would take a long sideways couple months ahead and seems to be too much upward pressure for that to happen for too long.