Bitcoin Forum

https://i.imgur.com/O5bm1iH.jpg

A lot of speculation has been going on about Bitcoin surpassing $100k before the end of the year and as Decentrader analyst Filbfilb puts it, There’s nothing that can spark Bitcoin downside except a “significant bad news event,”
Source (https://www.investing.com/news/cryptocurrency-news/next-stop-85k-for-bitcoin-as-analysts-predict-explosive-q4-for-btc-price-action-2619438)
More so, there are many more on-chain data pointing towards these Bull market highs from the latest data analysis that was collected by on-chain analytics firm Glassnode this week.
 ‘Remarkable’ on-chain metrics could spell Bitcoin, Ethereum bull market return — New report  (https://cointelegraph.com/news/remarkable-on-chain-metrics-could-spell-bitcoin-ethereum-bull-market-return-new-report)
Your thoughts on where you think will happen in Q4 for BTC price action.  

There is basically no method that "on-chain data" could be used to speculate about price. There is obviously a connection between both bull and bear trends with the on-chain activity but there is absolutely no way we can use the on-chain activity to predict WHERE the coins are going and WHY.
Glassnde is the only entity that has been trying so hard to invent such a connection.

This sounds more plausible, rather than those so-called experts forecasting 6-figures by the end of year-X

That's how forecast works, you try and predict the movement even if it's a negative one so the people can prepare what's going to happen next and in my opinion 85k seems a bit conservative but acceptable forecast.

$85K seems like a likely goal. $100k is too optimistic for the end of the year.

do this looks like a climbing to 85k any time?
https://i.imgur.com/NXlTTQh.png

https://coinmarketcap.com/currencies/bitcoin/
because for me this is hard to believe lol since the value cannot even touch 55k since several months ago.

4th quarter may only bring 2 things , either price will maintain 50,000$ level or this will turn red in 20,000 range.

but what ever happen? i don't care because i am ready to keep holding for the next couple of years.

I've seen some very different speculations today. someone said bitcoin is going to zero in the near future and someone said bitcoin will set a new record 100,000$. Who knows. Speculation cannot be used as a reference or trusted 100%. It all depends on each individual and I believe bitcoin holders are aware of the risks and are prepared.

The cointelegraph report says:


Here's where they get it wrong though: who else is going to participate in bitcoin transactions to meet this statistic? Last year, it was Paypal's and Tesla's bitcoin announcements (IIRC) that fueled the participation by users, so if companies' PR departments will be just crickets in Q4 2021, we're not going to see that price figure by then.

(And everyone who bet on BTC hitting $100K at 1.01x odds last June will all lose their bets, but that's a different story).

I've seen those so-called forecasts claiming Bitcoin surpassing $100.000 within 2021, which is highly unlikely, however, $85.000 doesn't sound plausible enough for me either. We're less than 3 months from 2022, Bitcoin still hasn't reached its previous ATH or even got anywhere close to that, of approximately $65.000. From my point of view, it'll be a blessing if we even reach that record within the year.

No one can predict the black swan. In the long run, it’s an upward trend.

Even though no one can predict the future still bitcoin have still have to strike back at that figures given since we almost hit that price before as the bitcoin ATH is close to that figure although it dump suddenly after those past ATH has been broke but who knows next year or on next halving we can see that event happened. But lets do hope that majority will still be intact to bitcoin in future so that once bitcoin bull run happen again many will join so that we can see the increase of demand.

Before the price reaches $100k, it will reach $85k first because the bitcoin price already hit $64k before. And if $100k is not reached by the end of this ear, I think we should accept wherever bitcoin price will go and if we want to sell at that price, it is better to accumulate bitcoin from now while the price is still below $50k. But if your target to sell is in the next few years, you can still buy more bitcoin and do not sell it before you see your target comes to you. I wonder if $85k is the next stop for Bitcoin, how long it will happen.

As the case may be, the price of Bitcoin reaching $85K is subject to breaking the resistance at $60K which is also the ATH as soon as possible beating in mind that we are in the last quarter of the year, though recently the price bullish volatility is no the rise, if the price breaks the closest resistance at $52K then moving to the last ATH at $60K wouldn't take too much time however all these speculations is subject to non availability of any negative fundamental news which can mar the price reaching the speculated price.

The article from Cointelegraph is about higher prices such as 85K but some other professional investors believe in 100K price or even higher. Since the price did a correction already and it's more stable compared to the last days I believe there will be a sharp price movement happening soon. However, as long as we are talking about the cryptocurrency market and especially bitcoin price, nothing is predictable and there is even a chance to see even lower prices. But, for people who know bitcoin for a long time, it's clear that anyone buying bitcoin at this price can take profits in long term. So, no matter the price, 85K,100K, etc... you can aim for higher prices if you go for a long-term plan.

All those forecast sites and "predictors" are unreliable. I would even go as far as to call them bullshit. Enter any coin in a search engine followed by the terms 'forecast 2021/2025/X', and you will get a bunch of prediction platforms. All of them are showing incredible growths for all assets you look at. Newbies shouldn't use or trust such sources because they will get the wrong idea that you can purchase any coin you want and it will give you good returns.

Bitcoin did rally like crazy since the end of last year, from less than 10K to 60+, so 85 might not sound like a far cry.

Still, if it ever reaches that level, I'd sell and buy some nice stuffs for myself ;D

Not a few traders, investors or otherwise Bitcoin prediction experts always run for alternative social media as a means of crypto influencers, the media is made as a nest of confusing information in the prediction of $85k, $100k and so on.

Even if we are not careful in judging the news about Bitcoin predictions in the future, instead it will cause and create panic and fear that makes the crypto market inadvertently create uncertainty in the actual pricing.

There is no data that accurately states the price of Bitcoin at the end of this year or the following year, for sure, if someone buys at a low price and sells at the highest price, that person is the lucky one in Bitcoin prediction life.

we have to have our own stand, we don't easily believe every post, because not all posts circulating are accurate, sometimes they just want to seek sensation, I am aware of the risks in bitcoin, but I am ready for any risks that occur, even though some say the price will fall to zero, but I stay on my stance..

Of course bitcoin need to reach the current resistance first which is 60k wherein within this mid of the month in my personal opinion, because on that situation we can really tell that bitcoin has a potential to surge more before the end of the year. If not then its unpredictable..i agree that many speculation nowadays are good when it comes bitcoin, but no one can prove that it will gonna happen as long as bitcoin still can't reach the current all time high value because that's the only key to make a break out.

“The future is like a corridor into which we can see only by the light coming from behind.” — Edward Weyer, Jr.

Okay I get what you're saying but, Bitcoin has already seen some massive growth, how likely is it to expect a rally of similar growth, just because it happened last year? I believe that it has advanced way too fast, and it's highly unlikely that we'll see it within this year.

I really hope to be proved wrong, but I just don't see it happening anytime soon.

Well, OP's just sharing his/her own forecast in prices, you don't actually believe that because that's the stupidest thing that you can do, of course it's common sense that you shouldn't believe what you see in the Internet, people don't need to be reminded, it helps filter out people that's going to be successful in crypto.

At this point I am no longer waiting for bitcoin to increase in price. Instead I want bitcoin to gain more market dominance. At this moment bitcoin owns 40.5%, we all want the price of bitcoin to skyrocket more.

Instead, I would like more countries to introduce it into their economies to resume those sectors that need them most to reduce the impact of poverty.

It is my humble opinion. What do we do being rich and we see poverty around us?
I believe that God's timing is perfect and bitcoin is an ally that we need around the world.

no one can predict that the bitcoin price will reach $85k or even drop, it is true that on-chain activity or the latest news about bitcoin can affect the price, but it is never certain where the bitcoin price will be. as far as I know, in 2017 the price of bitcoin rose when the Chinese people bought bitcoins worth tens or even hundreds of millions, everyone flocked to buy bitcoins, and bitcoin prices jumped high. and this year, the bitcoin price went up due to a tweet by Elon Musk on his twitter, and he said that Tesla company opened payments with bitcoin, and as a result everyone including Elon Musk's followers bought bitcoins. it happened the price of bitcoin to go up, but we never know to what point the price of bitcoin will stop.

You got a point. Fast growth can also mean fast corrections as well.

But we'll see how things go along especially once the supply further diminishes.

I think everything is possible to more rising up about bitcoin but in Q4 of 2021 it’s something unexpected to reching 85k$, i think it’s just a prediction nothing more.

Bitcoin's next stop is at $85,000 This is also just a forecast no one can confirm Bitcoin's price performance has been catching up with network fundamentals and on-chain data for a while. With growing popularity, the increasing demand for computing power could also increase the value of Bitcoin. With that said, the number of Bitcoins is limited. With a steady supply, increased demand could end up with a Bitcoin price increase. There are also other factors worth considering. For example, if geopolitical tensions increase or traders lose confidence in traditional currencies, Bitcoin could appreciate. Cryptocurrency is a new and revolutionary product, so it is very likely that the factors affecting its value will change over time. So, with bullish signals in the near future, Bitcoin will not only stop at 85,000 USD but maybe 100,000 USD......even more. But the issue I care more about. That is the practical value Bitcoin brings to our lives. Bitcoin application in the fields of: Economy, politics, national security....

It's just a speculation but in real life, I don't think Bitcoin will be able to cross $85k in this year. It has great potential but it may touch $80k in next year. We are far away from $85k at this time. Bitcoin may reach a new ATH but needs more time to touch this milestone.

No one can predict the digital market price. Bitcoin has a huge potential to go more than $85K. But seeing nowadays Bitcoin Updown, i am not sure that Bitcoin can cross $85K this year. I need more time. Again, if you are a user of Bitcoin from the begining,  you should know about the story of Bitcoin From 2017. At that tine, everyone predicted that bitcoin will reach $50K that year but Bitcoin showed us that none can predict that and it went so down that it need more than 1 year to get back in the track

The fact that we're getting better after establishing 46k specific resistance and rallying to 48k, this move still shows a level of optimism for a bull cycle extending above the 55k region back. This is still impressive for September, because bitcoin has never had more of an expectation point in the past than this month. In my opinion this is the point to consider and allow the 46k - 56k zone move to widen.

I am not so sure I agree with it, there is not such a big difference between 85k and 100k, if at that point we see people getting excited about the possibility of bitcoin reaching 6 figures then it will happen as the markets not only move based on logic, if anything the markets move based on emotion and if extreme greed takes place then 100k at the end of the year could end up being a conservative estimate.

After all a great deal of the news we have seen during this year are positive and if other countries begin to follow the steps El Salvador has taken then this could be the beginning of a bull market that could last for several years.

Market price speculators are out again to great Fud as they are used to. It seems as the $100k that was initially speculated didn't come to fulfilment and there is no hope of it coming pass the only option is now to reduce it to a current $85k. If you are new in the system here please not the market analysis here you can take to the bank.

Thank you for validating my assumptions, it's good that Glassnode has a lot of statistics regarding bitcoin and the whole crypto market, but sometimes I find it hard to read those data, it seems that they are just connecting some dots to come up with a conclusion favorable to the market sentiments. But let's see, if the market goes on a super fast rally to $85k then good, but it doesn't mean that it's all because of "on-chain data".

I don't think this is FUD, they are basing their prediction or at least Glassnode on the data they gathered and plot a pattern. A FUD is like predicting the market to go down, not to up to $85k from the current base price. $100k is the initial prediction because that's what other data has pointed out early, but since we are about to end the year, there has been a lot of changes, that haven't been taken into account, like the fall from $64k to $29k. So prediction changes as this is not exact.

Many still hoping for $100k this year, they might failed because there’s no guarantee on that same thing with $85k even if you present so many chart analysis we can’t still tell confidently that Bitcoin can hit that price. Yes, this have been the scenario since then where everyone is making high prediction just to create hype and fomo, the price usually reacts on this.

That is to your own understanding I must say. If they have data that predicted $100k in the first place why now the same acclaimed data is used to predict $85k, is it that something is wrong with data? Some school of speculators are speculating $200k with same acclaim data and others are saying $85k is that not FUD? Our mind is already set on $200k lol.

Please go through this first reply to the OP

I think next stop should be $60,000 first. And then we can talk about another new all time high this year, maybe $85,000-$100,000. We are still in the bullish cycle, the confident of the investors and traders are still high despite the recent flash crash.

Yeah, September seems to be a very bad month as others have said based on it's past performance. But if we can get to $50,000++ at least then it is already a victory and the pattern has flip for the better.

It's always like this. When we've reached $60k onwards then the next stop should be $70k, and then next stop is $80k and so on.

Whatever data they present, it's all just about the present and past and the future is always unpredictable.

I think the price forecast is not exaggerated given that we are at $48000. but to think about this forecast we still need to break $52500 and then break the old ATH and have buying strength until reaching 85K, for that we need much more demand, if there are more countries like El Salvador and more big companies buying bitcoin then we will have a big push towards achieving that prediction. however I think the price could still go down, so people shouldn't buy in the delusional way that the price will only go up

These numbers are always possible. Breaking the previous all-time-high around $60,000 is the game decider here. We all know how that in trading, breaking resistance especially at all-time-high will be difficult to identify the next stop, so we should first rooting for Bitcoin that it will break the all-time-high.

The whale's push towards a bullrun was very weak and the level of investor concern was greatly increased as bitcoin's price dropped unexpectedly. possible in Q4 this year can penetrate $85k bitcoin price. many assume that by the end of this year bitcoin can break the $100k mark, but I'm still a little worried about the recent condition that bitcoin is often down in the bullrun phase.

at this time very many people have speculated on the price of Bitcoin in the future and it is just a prediction with all the possibilities that basically I see no aspect that can predict the price with accuracy. so there is nothing wrong with all the news about price speculation because everyone has their own opinions and views. for myself about BTC price predictions I have the same opinion as most people about Bitcoin prices that will soar high and will even touch new ATH when the bull market comes. I say that with all the considerations and confidence that I have after seeing the current market conditions which continue to increase even though slowly.

There have been so many analyses that turned out to be wrong. It is really hard to predict Bitcoin's movements with even the best analysis models. Because it is clearly very volatile. Maybe this model will not be able to predict the price too. However, I hope that we can see the price reaching a new ATH level in this year and improving the record till reaching a much bigger level.

I genuinely think that chances are we're going to see an adjustment before any further pumps.

We're in a period of consolidation where we are seeing institutions being a bit more hesitant entering at such high levels.

As a result, we are going to see $40k-50k BTC for quite a while without much movement either downward or upward - there is strong resistance at $50k but still consistent buying pressure from retail investors.

It's true that now a lot of people predict the price of Bitcoin, and of all the predictions, none of them are 100% accurate. Because indeed we are
not fortune-tellers, so everyone is free to predict the price of Bitcoin according to their respective analytical abilities. But one thing the price of
Bitcoin will definitely reach new ATH, although there is no guarantee when that will happen. Therefore we only need to collect as much Bitcoin as
possible, so when Bitcoin reaches new ATH we can generate large profits. Hopefully by the end of this year Bitcoin will reach new ATH.

Yeah, I think people keep forgetting what on-chain metrics look like, always focusing instead of market metrics -- and I think it's also important to start looking off-chain (intra wallet, L2, for example), because I think growth over there is even more hectic, and yeah, it's not interacting with the network but it still relies on the settlement finality of Bitcoin to work.


Yeah, 100k is still pretty solid as an end of year target for me, and it's not difficult at all to see a next stop at 85k -- once 64k's broken, I don't think we'll take any breather until past 80k!

Well surely it is possible for bitcoin to reach there and i am sure it will,but for now it is at 48k USD and still first it would need to break the 60k USD bar and i think its gonna take some time right now and we will have to wait for that.

The end of the year is usually bullish for Bitcoin.The last few years,except 2018,prove that market pattern.
I don't know the exact Bitcoin price that will occur,but I also don't expect 85K or 100K USD.
Maybe somewhere around 50-60K USD will be the best possible case scenario for Bitcoin,everything above 60K will be just a price bubble,caused by crypto whales and institutional investors,and that price bubble will last only a few weeks.Last year's Q4 was way more bullish with way more positive news coming from big investors.This year,I'm pretty much skeptical about any bullish news coming from major corporations.

 

Before this, I have seen a subject like "The next stop for Bitcoin price is $70k" or it was something similar to it. But we witnessed a huge drop in the price. So, I wouldn't be surprised if we see the price getting stuck at the current levels for a long time after setting the target to $85k this time. It is Bitcoin we are talking about. I would expect everything like that.  ;D

We are with a mix of buy and sell at 50k and this a price breaking point as per me. If we can sustain above 50k and move upwards for some days then we are heading towards new ATH high this year else mostly should be near the  existing mark only by year end.

True, but I am still in doubt for $85k.
$70k is my highest forecast and I am a bit shy about it.  ;D

El Salvador put more wood in the fire but it didn't react much. What event could still make a big pump in the market? It's difficult to think of another big investor that would risk it when the fall months ago is considered. They might still be looking forward to a cheaper price for an entry.

The market is completely unpredictable at the moment, because there is no big growth and no big decline. If the price touch the previous ath value, then $85k becomes a possible value. As of now the market movements were happening associated with the good things taking place around the globe in terms of cryptocurrency adoption. Compared to the previous month now I see growth with more altcoins than Bitcoin. So, I don't think $85k will be reached soon.

I expected a correction when it touched $20k but the market was too bullish that it breached every resistance with ease and it is hard to predict what might happen this time around as well. May be we might see a correction before the final bull run or it will break all the resistance with ease to rally to a new all time high valuation.

It is fair to assume that we will be trading at a range bound for a while before the next rally. We are yet to see the valuation go down further than $46k this time.

To make things fun, we could always bet on the price forecasts by the end of the month, like on FBC. I just placed two bets between 47 - 52K.

I think for price movements, it still need whales to make the changes. After all, they still have to take profit and repeat the process ;P

Anything in between $120k to $190k will be possible by the times of end of Q4 of 2021. Many people have already speculated about the repeating of 2013 bull run but I guess we need to stick within the usual practice of bitcoin bull trends which means bitcoin needs to grow another 10x from 2017's ATH which means we may test $190k by end of this year.

Whales are already into action but they need to accept what most individuals decide; I mean whales probably will lose their power when we consider governments like El Salvador adopts bitcoins and encourage their citizen to do so.

In my opinion, Bitcoin price is bearish at the moment due to the slow retracement seen a few days ago and is likely to continue in the next few weeks. Therefore, I expect BTC to set higher lows over the next few weeks and look set to move higher later this year where the price will hit $70k.

I predict BTC Will be again on its ATH at around $70 to $75 by end of 4th quartet. Currently Bicoin is retaining its price between $44k to $48k which is a good sign of its upcoming take off. I am sure either there would be a good news on Bitcoin or something related to crypto industry. As market is volatile, anything can happen, but still lets believe that Bitcoin                                                                                                                                                                                        

Even the greatest analyst have one time or another wrong about their TA when it comes to btc price, anything can happen from now till year end, it is highly unlikely that we will see btc at 20k again, with so much attention on btc, many adoption ongoing I doubt such price dip will happen again.

Well, does likely to happen and right now it is pretty hard to predict right now and the resistance is likely on the $50,000 USD at the moment, in my opinion, I am just waiting for that resistant price to be penetrated because If that indicator would reach I think the price is really to go beyond the $63,000 USD, for me, I am checking on the price of $80,000 USD just to be a realistic all-time high price,

And yes there is much cryptocurrency adoption that is happening right now but we should be ready for some dips because correction is really inevitable.

There is no show of possibility of $85k as the price is moving because the year is winding off with 3 months more to go. Many of the analyst have had the opinion that price will fall during the last month of the year. If this will be so and price is still struggling to move beyond $45,000 when the year is ending, you see that $85k being difficult to achieve.

Not a real bearish but its more on a sideways to me, we can only enter to bearish trend once we broke the strong support level at $40k, let’s not hope for this. Bitcoin have to be more stable on its current price before aiming to pump again, $85k is more likely to happen next year.

I've heard those positive vibes since August, and until now the price got so interesting and thrilling situation as market continuously struggling to be back at safe zone. But the reality really proved us not all things are going to be all easy to achieve, because it needs enough timeline to acquire all those goals we ever wanted. That $85k or $100k would potentially happen, but nobody could state an accurate year to when would it be.

Still speculating and no one can dictate that the value will grow or fall in an accurate time frame. Believers will continue to accumulate and blindly hold whatever the market brings them in the daily manner.

While with scalpers and day traders, they are the one who are concerned with how the value move; they are also one of those influenced why market still holding a good barrier, the gameplay of supply and demand keeps a good place since day traders are helping to keep considerable price.


Still holding to that position, good enough for traders to play and try some luck with their daily activities. I'm also positive that with this kind of support, there's a very good chance that before this year ends, we will see new time high, can't tell though if how high hoping to see $100K. 8)

No one can predict the future, all that mumble jumble that you are hearing on $85K to $100K are all just predictions and speculation base on the movement of bitcoin last bull market, right now we are still in the bearish condition for some this is a waiting game, because they have a portfolio and they will hold on to dear life, and there are people who can simply ready the movement with their indicator intact, but yes it is still possible to earn into trading even if we are in a bearish market, for now, I will keep on holding.

So is the current price drop a correction before the bitcoin price jumps and reaches $100k?
to reach $100k before the end of the year means the bitcoin price must increase by more than 100% in 3 months. and if you look at the current market conditions it seems difficult to happen, even to penetrate $50k until now bitcoin has not been able to.

Exactly, because that correction did not lead us to lower low than what we had in the beginning of this year. When we are not testing the lower price levels but recovering toward a new ATH then we need to assume that any downfall market is just as a part of bullish trend.

In December 2017, bitcoin increased around 100% in less than 2 weeks of time. So, three months must be more than sufficient time frame for the potential of bitcoin markets. So, OP's speculation of $85k may happen before end of October 2021 itself.

Most probably it's part of the ongoing corrections, which technically created a strong hold despite of the struggles we faced as price continue to strive on that most profitable value we ever desire. Indeed, we've been there at $50k but still the resistance was too strong for now. We need to extend our patience this time if we wanted to see out asset begets brighter future.

With the current rate, I don't think we will see the $100k level before this year ends, even $85k is not to be seen in the very near future. But if we will surpass the $60k level, that would already be a great ending for this year. Don't ask too much for btc as it has already reached a lot of milestones this year. Remember, this pandemic is not yet over. But in any case more good news is coming to the community, why not? The more adoption that we can build in this market, the better.

The hype fades out and fear is building up towards this slowly price dumping happening in the market although fear is normal towards this incidents but for now its not clear if we can see that figure by this year since we didn't see any huge build up of price increase this days and we cannot say that will happen since huge bull run didn't happen. Although in future this 6 digits price prediction might happen but I think what we need is another series of halving since mostly this one will trigger the bull run.

I think it is still depend on the upcoming news, if we are going to look at the price we are now still at the 42k$ and the end of the year is coming,we only have a few months before the end of the year 2021 so I think it is hard for Bitcoin to rise up to 85k$ when there is no bullish news that may come in the next few weeks from now.

There are already many good news this year but it's never happen before bitcoin price was touching 2 times all time high in a year, going to 85k means it will create a new all time high for bitcoin and it's hardly to happen because we can not rely on a good news, people already smart enough for does not make a news as a benchmark of investing.
So it's okay if the price is not going that high this year, crypto investing is a long and exciting journey

Now with China's Evergrande pulling everything else down with it, brace ourselves for a period of bloodshed on the streets.

Because of this manipulation by whales, I doubt BTC will reach a new all-time high anytime soon. We're in a bind right now, when BTC stands at $42,000. This is just a short-term event. Both sides are valid to me. Maybe we can reach the ATH, close to 60k. However, since there is no volume on the market, if the price was to rise to 85k, the market would experience an aggressive correction and an extended crypto winter.

yes, the news really made a lot of investment venues crash, even cryptocurrencies had an impact. although sometimes I think that a big correction will occur, but I don't think that the thing that makes the price of bitcoin fall, also makes the place of investment go down as well. well, right now it looks like we need to hold off on seeing a new ATH in the near future. For now, we need to think about whether bitcoin will stay in the $40k range or not. yes, but I will still hold the assets that I have, because I still quite believe that the price of bitcoin can be higher.

I agree on that,good news is really important. if there are a lot of good news that may come I believe we can saw Bitcoin touches new ATH. I saw a lot of good news this year but the price is still very hard to rise on the expert prediction which is 100k$.how ever 42k$ which is the present price is already high enough compaired to the last 2017 bull run so there is no need to worry about the price.

reviewing the case in 2017 there were very sharp price fluctuations compared to yesterday's correction which was not much. bitcoin's fall from $52k to $42k in the last few days was dramatic enough to take small investors by surprise. I think it's nothing to worry about because bitcoin has a pretty sharp recovery mode, next week it will be back to normal.

But smart investors goes to bitcoin, that's a fact, regardless if we can hit new all time high or not. Regarding touching twice all time high in a year, the data is fairly young, you can't make any conclusions so far. And we all know that bitcoin's narrative has change throughout the years, now we have countries legalizing it, and then huge companies hedging their reserved assets to bitcoin. So there's a huge possibility that we can hit another all time high before the end of the year.

The market had previously been bullish from the recent correction. Even so, the BTC price is still around the $42,000 area and not moving any further. Under these circumstances, BTC is likely to continue to experience Bearish and also Bullish. Therefore, it is difficult to predict exactly if the bitcoin price will reach $85k next year because the current up or down trend is still difficult to observe.

nothing is impossible especially with bitcoin $100k in later this year...

it has often happened, bitcoin prices flew high at the end of the year, I saw positive news about bitcoin being able to stem FUD. even I myself believe the price of bitcoin will pass $100k before this year ends.

It needs a 2nd bull run if we want to see that $100k this year, IMO, it's not likely to happen as we already achieved an ATH of $64k and bitcoin is currently struggling to break to $50k, and it's likely to drop with the FUD happening now. Maybe $100k is possible next year, but I have a doubt this year though there's still plenty of time.

In crypto, of course, we know that nothing is impossible and it will always happen. because no one is able to make the right predictions, especially with bitcoin which is always able to surprise at any time without anyone expecting it.

bad news won't be able to shake off the long-standing habit of the nature of bitcoin. we know that bitcoin always experiences a halving every 4 years. every year after the halving there will be a renewable ATH, we see in 2013 and 2017, ATH is formed at the end of the year.
is it impossible that the third halving of 2020 and renewable ATH will occur at the end of 2021.

if you look at the difference between the second and first ATH it will be seen that the % that occurs is quite high, it is not impossible that there will be an ATH surprise at the end of this year and it is quite fantastic, are all predictions that $100K will be achieved?

But when this will come mate? 85k meaning 21k must be above the recent ATH to take this step but we cannot even break that 64k so when this  happen?
i trust that bitcoin can even break 100k but the longevity of waiting is the question.
i thought in july we will be taking 100k but sadly it did not come that way so  waiting more again.
and also i consider buying more this year end hope i can accumulate the funds i needed.

I also see a lot of speculation like that about the price of bitcoin that will reach a new ATH and for analysts carried out by Decentrader flibfilb at this time no one has denied it and very many people agree about it. I think if a lot of people speculate that it is very possible for Bitcoin price to peak again.

I'm not sure if the bitcoin price will reach $85k later this year. Bitcoin price is still in the red zone in the past week. However, recently the price of Bitcoin has started an upward trend. I think the bitcoin price might only hit $65k later this year.

Looking at the current market trend, of course, it will be difficult for us to see the price of bitcoin making new ATH, it can be seen that when the price is $50k, there is a sell-off that makes the price drop again, maybe the price range is between $50k-$55k until the end of the year.

Looking at the market position the price of bitcoin is rising again bitcoin and other currencies are rising bitcoin is expected to create new ATH prices, are likely to cross 50k this year but how many will go is unknown to many it would be best to wait until the next limit.

Have to wave a flag of caution on being too bullish too soon in a bigger target way.  Today was very bullish on a number of counts but also its within a triangle formation that matches prior top prices.   We have to confirm outside of this negative repeated price action before I will be confident we can move on especially medium term in BTC.

https://talkimg.com/images/2023/06/12/Afw6J.png

if correct we can also go back to 42k next week.

That is the thing about bitcoin that day traders can't see in the future, and that is what they talk about when they are in speculation part of bitcointalk. Of course it will go up and down and of course it will be impacted by people a whole lot, but that doesn't mean that in the long run it will go down neither. Long term investors realized long time ago that if we buy it right now that means we will be profiting from it in the long run as well, but if we get scared on every single fall then we will not be making any profit at all.

So, what people do is simply wait, even if there is a fall the long term investor waits, they do not care or at least even if we care we just do not act on it. That is how you make a profit in the long term and that is speculation as well, saying "buy now and wait long enough to profit" is speculation because we do not know for sure, but it is obvious to us.

Yes, the participation of people who believes that Bitcoin will pump back is very important to make things happen. If there are many buyers and holders, the price will surely go up, a simple supply and demand process.

We can't say the accurate time frame but there are many analyze who project that it will possibly happen before this year's end.
Bitcoin is again starting to move upwards, after that red September bear. Now it's showing nice bounce back.
Almost $48K heading to $50K again, looking good, especially to those who bought during the correction,
easy $7k if you purchased 1BTC last week.

true, that indeed the circulating speculation is that from the beginning of Q4 it will slowly increase bitcoin slowly until the end of the year to reach renewable ATH. but the analysis can make sense if you look at the past of bitcoin's movement and usually bitcoin will do it again. so we'll just have to wait until the end of this year.

economically clear what you say is very true where there is a lot of demand it will make the price will increase. we know the good news continues to emerge so that it makes many investors confident and willing to invest their funds into bitcoin and make bitcoin will automatically increase.

entering the beginning of the week of Q4 the bitcoin price was seen slowly and cautiously crawling slowly. hope that bitcoin will be able to get past the always impassable $50K and will drop back down. obviously the increase over the crucial mark at $50K won't go down again so the end of the year can be reached ATH.

we need to know, on another side Bitcoin can also show price movements that are sometimes unexpected, which is accompanied by a lot of certain positive feedbacks that can appear with several other things that support the price movement of bitcoin itself at a certain time.
I think it's possible it's up to $85k, but fluctuations and other influences can't confirm that exactly.

Don't be doubtful, we will eventually hit that number because there's still a lot of time left, I mean there's still November and December, it's unlikely that those months won't see any movements especially December with many of the pump happening at those times.

In the last few months actually nothing has been able to trigger a decline in bitcoin, both market conditions and the trend towards bitcoin itself, but the problem now is about the bad news event that was released by china at that time, so bitcoin continues to be confused by them, on the basis of the most notable of the issued news is that the control of the crypto market should be transferred to the previously issued authority.
Well, this condition actually doesn't affect bitcoin in general, precisely with the presence of this news, bitcoin continues to be discussed, so that the target of bitcoin promotion to the world is getting wider and covers the whole world, today no one doesn't know what bitcoin is?
Should we say thank you for the news released by China?

Perhaps the prediction is for long term, or at least this year 2021. So it can't be confirm right away, as we will go on several transformation, predictions being validated and invalidated because of this. So all we can do is like grind it hard everyday, seeing what direction it will go short term and then we plot and predict the future. And for unknown reasons that the short term price was not meet, then obviously long term price will also have to adjust. So looking at the price movement right now, short term is that we are extremely bullish.

Hey hey, we're back above 50.

Have to say, wasn't really expecting it after yesterday's somewhat limp Asian time response to the weekend bulls, but it looks like they were willing to continue picking up from where North America left off after returning some volume buying to the scene.

Slow and steady, 85k still looking possible, but if we balloon, then 100k's got to be the year's aim, eh guys?

A gradual rise might happen and the latest Bitcoin ETF approval from the SEC could fuel things up making it possible to hit $100,000 this year.
October has a great opening for Bitcoin price. I remember how Bitcoin slowly rising back in 2017 on October and hit an ATH on December. Could it happen again If we see Bitcoin slowly and steadily rise?
I'm kinda positive for the next Bitcoin price, though $100,000 seems too long for Bitcoin to hit.

I doubt that $100k though, I know that the market is still bullish and it could create a new ATH, but with less than 3 months left, I believe that $100k is too much for a high marketcap coin which is bitcoin. Enjoy the pump, maybe from here we will see more pumps like what we witness this year.

Not gonna back down that we might see the first ever 6 digit valuation of Bitcoin, December might be the month or the next year. Aye, aye! This might be an speculation but it looks like the possibility is within reach.

Looks like we're out on that triangle just this day and expecting a retest, never gets old.

it seems the opportunity re-emerged when the bitcoin price hit $50000. although still not too sure about this situation, but still relaxed about this while accumulating assets may be better than stressing about the price that could fall at any time. maybe if a few days the bitcoin price stays above the $50000 price, we might be able to see the bitcoin price again being resistant in the $52000 - $55000 range. slowly but surely, let's hope the bitcoin price can reach $85000 even $100000

With the current momentum that bitcoin is having right now, $85k will be very possible before this year ends. We are already past $50k and from there, after it hit its strong resistance at $55k, then the next journey is passing its previous ATH.

Well, there's nothing wrong believing from those predictors but never rely from it fully. The market is very unpredictable so all we have to do is to adjust from its sudden moves and drives with it. Predictions may sometimes motivate us to be more positive so its never a bad thing really.

And we're back to making a serious threat to leave 50k behind not as resistance but as support.

I know, I know, early days, it's barely mid-week and we actually have a long way to go to put some distance behind us. Volumes need to be bigger, and time spent at least on a 7-day average need to go up, but we're finally seeing some support for the lowering 200MA, which is always good news for me.

Maybe you have a point too. Moreover, the price of bitcoin is now back up significantly and the price has broken through the $54k level again. If this strengthening trend continues through the end of the year, it is very likely that the bitcoin price will hit a new ATH early next year or pump up to $100k.

In my opinion, the price of bitcoin has the potential to pump the price up to $85k later this year. Moreover, at this time the price of bitcoin has started to rise significantly because it has entered the fourth quarter which began in October. the fourth quarter is usually a period of strong performance and the expectation of an upward trend in bitcoin and altcoin prices. Therefore, It is possible that we will see bitcoin reaching new highs during the fourth quarter.

Considering the recent increase in Bitcoin price, this level might not be impossible for it to reach even in this year. We might be in a bull market now. Or we are having another big rally in the market. I would rather a bull run than a rally. It can last much longer and Bitcoin price can reach incredible levels in a short time period also. Maybe the $100k target doesn't come true before the end of the year but $85k is not impossible like I said.

50k barrier still exists and if it can stay above for 50k for few days then we can see it shoot up quickly to 60k. Though it is around d54k now but its a quick rise and quick fall scenario for now. So just waiting for now about the next move before it jumps to 60k.

Seems right, 4th quarter showing good bounce and now it's starting to gain more strength. If this momentum continues, we might see that amount being hit this year, not far from reality knowing how bitcoin works and how investors and whales work together to make huge hypes to attract more newcomers to start investing in this business.

If you have a good amount of spare money and you are willing to take the big risk, bitcoin is one of the best investment to look upon.

Breaking $50K is giving a good hint that the market is on its way to the top, 10k more and it will touch again the last time high. We don't know after that if how high bitcoin will continue to proceed.

The price had stabilized somewhat in 54-55k which it didnt really push through on 60k resistance which means we cant really tell on breaking its ATH on this year or would on the next.

It is really just good to hear off about 85k next target but i wont really be seeing that this would really be just a smooth sailing but rather a very wavy path to take.

Expect that there would be some huge sell off or orders on that previous ATH considering into those people who had entered on the peak.

Bitcoin has seen to be bullish this time but we can't tell exactly if there will be significant bad news that will attack the market, bitcoin will not crash. There are still two more months to go and yet, bitcoin has not reached yet its previous ATH so it might be hard to believe that it will hit another ATH at $85k. I'm not trying to be pessimistic here as i'm only telling what is practical. Well, $85k will be a perfect price for christmas but i am sure there are still rocky roads ahead before we'll finally reach that price.

How can you say that we hae stabilized around this price? The price has been somewhat moving in the last couple of days and I doubt that it will simply stop at $54k-$55k. So I'm positive that the bullish sentiments will still continue to go this month breaking grounds again on the next whole number target, $60k.

And then after that next month will be huge, as Taproot will go live and then just maybe we have some good news that will cause FOMO and reach a new all time high, $85k-$100k might be in the horizon.

sometimes we need to do reality check here with the situation. though the target is achievable but we need to assess the market situation here. being conservative is not bad as you are just preventing yourself from expecting too much from the market and avoid decisions that will ruin your funds.
great that we are seeing bitcoin rising despite of the china news, but we need something substantial why it will keep on the positive direction. it will not significantly increase if there will be no solid developments or news from the btc market.

I know I am bullish but expecting Bitcoin to reach a new ATH these days will be a big question to me since over the past few years it never bothered to break any new ATH after the last ATH pump. It was instead dropping till we hit bearish season although, this year has a bit of difference if we compared it to the past since Bitcoin price actually tend to increase that almost gonna hit a new ATH. So let's wait and find out where this trend gonna last although, it did stopped at $55k to $54k this time. Will it gonna pump more to try to break the $60k? Who knows.

The price of BTC is rebounding a lot, because it looks very easy to reach $ 55k easily, it is likely that it will continue to rise to $ 60k because the volume is growing with great intensity, the volume seems to be very buyer:

https://i.imgur.com/HFNv1gL.png
Source: https://cointelegraph.com/news/price-analysis-10-6-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni (https://cointelegraph.com/news/price-analysis-10-6-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni)

If the next stop can park at $ 64k it will produce great excitement in many, $ 85k is likely to be reached, but this year it can easily hit $ 100k in December.

Should do well above the previous negative trend, its confirmed that trend both as a ceiling and recently it formed a low there on the 4hr bars (https://talkimg.com/images/2023/06/12/AYeDN.png).   Surprising it would do this just now as the main markets are not yet as well recovered so this represents outperformance vs other assets and also at the same time Dollar index is higher.   Perhaps it could be said to be some reaction to debt ceiling talk and the regular reminder government this and many others have no choice but to continually repay debt by issuing ever greater amounts, not an entirely stable situation and inherent relative weakness in FIAT.  Despite DXY (https://talkimg.com/images/2023/06/12/AY0na.png) higher recent pricing we're are still trending lower in value each year it seems.

Let's see. even within 2 days, the price actually went up to the $55k range. for now, it looks like the price will continue to rise, and the next target is $60k to $64k. however, if the bitcoin price hits $64k this month, the potential to hit $85k is imminent. if some investors, or some positive news comes out, I think a price of $85k to $100k is a very possible thing this year.

hope no more banned news from China. oh god, the news always works to make people panic.

I think it'll fail at the first attempt at current ATH but there should be every reason to believe it'll take only a few more attempts -- but the final surge has to be at volume rather than spike of price for it to leave some formidable support at 60k.

I don't think we'll see any more parabola -- but if it happens, 100k might even take us by surprise before the month's over.

Really huge surge in the last couple of days, $48k, $50k then $52k are being slice like a butter. Last time we see this kind of run is last year about the same time as well. So let's way if the parabolic rise will continue as the next stop if the round numbers of $60k and maybe we can see some people selling at this price for whatever reasons. I don't think $100k this month is possible, maybe if we pushed it to a stretch, new all time high. But if we are still on schedule, maybe this December $100k could be touch, or even more.

At the moment the price of ETH is being very volatile, and the bears are wanting to lower the price in all the rallies, it is likely that it will continue to rise in price, at the moment it is approximately 3579USD, many are expecting the price to $ 5k, it all depends on the movement of BTC:

https://i.imgur.com/cUg7ey4.png
Source: https://cointelegraph.com/news/price-analysis-10-6-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni (https://cointelegraph.com/news/price-analysis-10-6-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni)

For ETH, many are wanting to raise it to $ 5k because they want to make a quick profit, there are many ERC-20 projects that have a lot of future, having a better price will make it even more attractive.

It was notifying how ETH makes a move together with Bitcoin, potential altcoins are just following the same path. If Bitcoin will hit another ATH this seems possible but for this year, the reality isn't that near, yeah, I think it will fail.
I'd expect the bullish season to come again within this year but never I think we can go that far $85k for Bitcoin. Maybe in the next 4-year cycle were halving launch again. It is really difficult to draw a conclusion and the only thing we need for now is just to have some faith and positivity, I think that was enough already.

Still bullish and with more people who have the same opinion and trust with the current hypes, it's very possible to reach new ATH though it's tough to call if that new ATH will hit what OP has projected. The market still an open venue for both bull and bear. If demands call for more strong hands, expect that we will see more positive upward movement.

Last quarter of the year and if those early speculations take place, we may see another bull run to dominate. Hopefully, it will run in a natural way and not because of some whales who help to pump the market.

I guess it is such a huge spike that it doesn't seem to be something that will slow down for a while longer. I mean nothing that rises this fast stops just a little while later, it has the power to keep going it is obvious. Doesn't mean that it will be going up forever, obviously it will stop eventually, I just believe that the stop will not be right now and right away.

I believe that we should be focusing on what we could do in the long run, and that means if we keep this parabolic increase going until we break ATH, then it will definitely slow down, doesn't mean it will not go on but it will slow down, at that point I may start to look for alts a little bit more.

It looks very difficult, but really when we get to review PlanB's S2F everything is possible, without a doubt for that model the first target is $ 100k, and many are claiming that it could be this year, but anything can happen, I am based on the fact that this December 2021, if another very big event does not occur, it is likely to occur.

Sure this is a very optimistic point of view, but many indicators apart from the S2F are affirming it, some experts say that it can exceed $ 100k, but you have to wait.

I think in Q4 bitcoin is showing even higher gains. Historically Q4 was the strongest time for Bitcoin where the price continued to rise. Bitcoin price is currently trading at $56k. Therefore, I predict that the bull run will continue for the rest of 2021. Even the bitcoin price could reach over $85k later this year.

Actually, it's not just about Q4, but we're going to have major news and upgrades in Q4 actually. First of all, deadline is knocking at the door for physical and future ETFs. So SEC should approve those or decline and future ETFs might get approval rather than physical ETFs. More than 5 ETFs are on the list for Q4 and not only this, taproot upgrade will be don in november which will increased the privacy and efficiency. So all of this thing along with institutional investment make more bullish for bitcoin.

as I've been before, bitcoin is skyrocketing very sharply and will break through high prices, even though the market sometimes looks bearish and the bullrun again is a fluctuating scheme, indeed the concept is like that. but seen from the side of the graph bitcoin is in the bullrish category. as stated by some analysts may be bullish until the end of December this year.

As I write this Qoute Bitcoin is now 59k$ so the said 85k$ is very possible to reach this year, I believe the Bitcoin will reach 85k$ if ever it will continue on it's bullish momentum, maybe Bitcoin become high in demand because it is becoming more popular this year that is why it's price surge high.

More analysts see the good potential that the market will continue to rise, some spike and a good sign of opportunities when corrections is taking place, if you are bullish buying now and wait for the new time high to reach will give you decent profits, more on self identifying of the current trend and find the best place to earn.

Though it's not sure that we will reach the target but the possibilities is always open, you as investor to decide if you'll take that long ride and wait till it reached that peak or you can play on with buy low and sell high, just avoid making fomo and you are also good to go.

If there is nothing that can bring down Bitcoin price why then are the "exception" of bad news on crypto currency is that not something? Seeing Bitcoin price reaching $100k by this December in my opinion may not be obtainable but we may see Bitcoin price nat $85k before December ending.

Bitcoin is bound to break the $100,000 speculations. However, the question would always be "when?".
Now, If the latest Bitcoin ETF gets the approval (which has been the main reason/speculations for the latest Bitcoin pump), I guess will be seeing that $85,000 this year.
$100,000 might be too high for this year to reach, but the news about banks adapting to crypto might add a fuel to a burning Bitcoin pump.

\
bitcoin is performing great now at this moment alone increasing more than 59,000 and nearing to break 60k once more.

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

this is a sign that there is something coming this December and not taking 100k? lol we are in early stage to say that because seeing the graph now?

https://i.imgur.com/aovm0Z6.png

Maybe 85k is just a peanut if this trend continues from now and then .

Do you think we will pass the mark of $60k this week end and be able to reach ATH by the end of October? Frankly, I cant see Bitcoin cost $85k any time soon. Because I dont see and understand what pushes the price up. Just a market mood? It can bring down the price as easy as it pushes it up.

Bitcoin tops $60,000, nears record high, on growing U.S. ETF hopes (https://www.reuters.com/business/finance/us-sec-poised-allow-first-bitcoin-futures-etf-bloomberg-news-2021-10-15/) - this might be a price pusher, but there is no real trust in it, as there are too many would or maybe and underwater stones.

But you do know that as of right now, as of this writing,,, like exactly when you posted, Bitcoin is literally not failing at 58k and already broke to it now checking out 60k?

In fact, the daily high so far is 59961 and currently at 59k, so the next few hours if 60k breaks I think we already see a new ATH this weekend, if not even sooner depending on what whales do.

yes now the price of btc has indeed increased to a price of $58K, but whether this increase can last long or not, of course it is not certain because now the bitcoin price movement is too very slow and when there is some negative sentiment in the market it will make the bitcoin price go down and fail breaking the next price resistance, I personally really hope this week bitcoin will be able to pass the $60K price so that the bitcoin price will be able to rise even higher.

I do not feel like it is really slow though. I mean is 3-5% not fast enough growth in a day for you? Because most stocks would kill to have this kind of daily growth over a week. Do not forget only in September a month ago we were worried about going below $40k and now we are on the literal brink of $60000!

Anyway, negative sentiment is good for sustainability. I hate it more when there is nothing but good feel shills everywhere :)

I would assume that being long right now in the crypto world must be easy. Looking at how things are looking good and going up, we should be very happy with the situation we are in right now. When the prices going up, it makes people easier to invest as well. They feel like we are doing fine and that is why they are investing like there is no problem and I believe that it causes a hype that sees bitcoin price going up because people are feeling easier to invest as well.

Definitely there are times when it goes down daily but it looks like it is going to be easy to recover as well. I believe ATH is not that hard to reach right now and it looks like in the punching distance as well. 85k is a bit hard to achieve just yet, but it is not impossible neither anymore.

If data from market making firm B2C2 (https://www.theblockcrypto.com/linked/120216/trading-data-suggests-retail-traders-arent-behind-bitcoins-ongoing-rally), is correct and retail investors aren't behind the current rally, than guess what, $85k is nothing for bitcoin as well as it might hit $100k even before December, IMHO. As long as more institutional investment is going on, we can expect more likely the previous bullish rally from $30.5k to $64k. But this time, lower point will be $60k and all can guess the ATH.  ;D

We could very well be ending the month at $85K the way things are going. Once a new high breaks we’ll be seeing Bitcoin all over the news and the fomo will be officially started. The coming volatility will both ruin lives and make dreams come true. Stay nimble, pay attention, and don’t let life changing returns pass you buy without realizing them.

Hopefully though, but I wouldn't be surprised if we stay just above $60k. It will be fine and then wait for November to hit that $85k, and then December at $100k++.

I'm more leaning towards realizing our dreams though, just like when we hit $64k right in April, we have plans already. But this time it will be different it we hit over and a new all time high. There is still December, a holiday that everyone should be enjoying including us bitcoin holders. So enjoy the ride and the fun has just started and not be carried away.

Bitcoin has little to do with Q4 bitcoin is volatile in the crypto market and traders are investing in bitcoin for high demand and good returns for which traders are buying bitcoin may experience, more new volatility in the new year will have to wait until next year.

I do not really care about the price exactly as long as it is going up. That seems like the healthiest point right now because if you could hold it as long as you could without a problem then you are going to make a profit. You do not have to say that it should be $85k or $100k or anything, as long as it is higher that is fine by me. And if it is low then I am fine about it as well there is nothing wrong about it neither because I could make some profit from the drops as well.

I could simply just hold it and buy some more to drop the purchase average as well and that way I would be basically making profit easier when the price goes up. There is nothing wrong with holding as long as you can and hope for the price to go up as well. The price guessing is only adding something that would be extra and I do not know if it is something that is correct or not because it could go up but not to level you want and you could still be sad.

Well, the situation is no change and the price of btc is now 60k$ so I think the 85k$ we'll be the next price, According to Jurrien Timmer – Director of Global Macro at Fidelity Investments – bitcoin needs two more years to reach a price of $100,000 so for me I think btc will end to 80k to 90k$ this year.

I don't believe in two years that we'll only end up at $100k. I know it will go beyond that. And seeing the price of bitcoin is now around $60k, so there are high chances that its price will reach $70k-$80k this year.

However, if there are price corrections or negative events that will cause the market to decline, then bitcoin price may only end up at $60k-$65k this year. Im just being practical because that's how we should deal a market's volatility, so as not to end up being devastated.

this question of price forecasting is a bit comical, whenever the price increases a lot, analysts appear making optimistic forecasts, but the main point is:

why has the price increased so much this month? in my opinion it was because of a possible ETF approval

so what will happen to the price in case SEC postpones or rejects? the price will drop a lot

They already approved the first ever bitcoin ETF and the launching will be this Oct 18 -

https://www.coindesk.com/policy/2021/10/15/sec-approves-bitcoin-etf-opening-crypto-to-wider-investor-base/

It was in the news for couple of days already, this is why you've seen the boost of bitcoin's price in the past few days.
So with this approval, we may be seeing a good market trend in the next coming months, in which, $85k may possibly be achieved this year.

That's quite drastic prediction although we don't know yet the actual figures to came in two years time frame, but since the adoption became widen plus we can add the the slowly support shown by US then might provably we can see more from it. But I guess we can see more price up once halving came so maybe we can expect more from bitcoin in future since we already see how bitcoin changes over the years since it  start.

You are right, although I have seen from many investors and famous people that they are talking very well about BTC, however many of them say and affirm that $ 100k can occur in this 2021, because December is a very promising month, in fact October came very strongly for the market with a good bullish rally and the price of BTC has a very good recovery.

When reviewing the S2F model, the prediction of the first target at $ 100k does not seem so impossible to reach, even the impact of the ETF has not been seen with great intensity, but it is not that it has been bad, where it was bad we were seeing the price of BTC at $ 30k- $ 40k

We don't know how whales will play their cards as they are still holding a good amount of coins, if they force to create artificial dumped the chance that we will see selling pressures will be seen inside the market, sometimes great news being followed by this kind of act from bag holders, creating selling position to make the value less.

But afterwards, when they already set all the targets, those people will start to pump and start hyping and it's not impossible to bring the value to reach $100K or more.

Place your money to where your knowledge and capacities are. It will save you in deciding which position you'll take your investment.

Yes, and it really push the price to hit another all time high, but after the launch, the price seems to be affected negatively and I'm expecting that the previous all time high will be the support, unfortunately, it really goes down to $60k right now.

Maybe whales are playing their cards in the table, or just ordinary speculators selling at the new all time high price. So let's see if the expectations of $100k in the coming months can happen or not.

I just watched a video a few hours ago and he said that "The WORST case scenario for Bitcoin's price at the end of the year base on the stock to flow model is $135,000".
This prediction came from PlanB and if you are a twitter guy then you know him as well.

Take note this is end of the year. It seems impossible at least for all of us to see Bitcoin make x2 price jump in just 2 months so maybe the more realistic price at the end of the year is at least $80,000-$85,000. We would be happy though if we see Bitcoin ending the year 2021 with a 6 digit price right? :)

6 digit price is something impossible for this year to happen but it would be good if we do see those numbers but dont expect much because it would really just frustrate you.
Lets stick on realistic things as of now and even talking with 85k is something still doubtful for it to happen.If we do tend to look or see on whats the current market behavior
then it is just typical on having that kind of correction which is something a default thing for a certain investor to be aware off with these market conditions.
For now if you do see that theres some probability then it isnt bad to make out some buyback atm.

Its already live and approved, so I don’t see any reason for SEC to postpone it maybe the other ETF but not those who are already working in the market. Though of course SEC is also creating some FUD so a possibility to make negative statement again is really possible. Predictions are fine, its their own analysis so be it, better to have yours as well. We still need to break $70k first before the it continues.

A quick sell, a 'more than 10%' correction and Sunday is still there. Weekends break the values down as quick as it went up. Analysts also claimed that btc would fall under 20k before continuing its rally towards a new ath. Did that happen?

Expectations are good, speculations aren't.
The data is very good and even btc on exchanges is getting dried up, but there are hidden bears too who watch the sentiments and then 'short' to surprise all of us.

Many hope that 100k more is possible but I always look at the time remaining and this is very short in this 2 month period so I also think this can be realistic in the price range of more than $80k and this can also be no fud and bullish still holding on, but we know about ATH's new record and it didn't last long so there will definitely be another correction so it won't be easy to get past this.

I also saw some references to the bitcoin price they were talking about, even most people predict that 100k can be reached by the end of the year, but in fact I'm still a little unsure but after 2022 with a long time bitcoin can pass easily.

I'm not seeing bitcoin too reaching $85k this year. The remaining two months may not be enough to witness the fast surging of bitcoin so it might only settle at the price of $70k-$75k which is very possible i guess.

However, if some significant negative news would appear inevitably, then we will only be seeing $60k-$70k until this year ends. Yes, we can say that bitcoin has influenced the whole market too to become bullish but it does not mean that it will only be the scenario all throughout the year. Sometimes, there is a need for price corrections too because after that, it will open a new price opportunities that is set to reach another heights again.

Whether we will not be seeing 85k this year or not, let us appreciate the fact that bitcoin really has good performance this year.
With the total banning of China in terms of crypto, a lot were thinking about the future of bitcoin, in particular.
However, the market bounced back and bitcoin achieved a new ATH.
And with the potential launch of more crypto-related ETFs, it may possibly boost the price of bitcoin.

this will take a Long ride to happen because Bitcoin even struggling to take a step forward from 66k hype

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

I think it is 70k that must be a barricade and if that is broken then maybe at least 80,000 this year is enough to expect.

I have a plan of taking my profit if the price hits 75k but i may wait for at least 80k before making actions .

China's ban on bitcoin is no longer an obstacle in the growth of bitcoin because many other countries have started to adopt bitcoin, especially America has launched EFT Bitcoin recently so bitcoin will be better in the future. But I'm not sure the next stop can reach $85k, bitcoin often experiences price corrections when it starts to soar like yesterday when bitcoin had reached $66k and it fell back to $60k. in that it means to get a market price of $85k to go through a lot of price corrections first.

Not just them also US and Japan, though there are more countries who support Bitcoin and allow this system to exist inside their jurisdiction, China's stand in opposing this coin are being carried by other big nations. We don't know how big the value may increase.
and how many more additional investors and traders to start moving their money to this asset.

We should enjoy and make a good use of these opportunities, whatever the peak might be before the end of the year, also make sure to have a good plan in case that sideways take place and dump start to dominate the market.

If investor believe in the potential of bitcoin based on predictions as high as $85K, then why should they wait for the moment to sell their bitcoin in the next hour?

Investors will choose to see how it moves and they don't sell the bitcoin they own only after the profit are confirmed. On the Binance exchange, the bitcoin price at the time of writing is $63.5K or slightly down after 6 green candles on 4H TF. I believe bitcoin price could still go up more than ATH $67K this year and $70K is a realistic target to hit this week.

But as we have seen after the ETF, Proshares hits $1.1 billion and then we see new all time high.

But after that the price goes down hard, meaning it has only 2 days of FOMO so obviously, we will have to wait for that $85k stop prediction. It could be achieved next month when there will be the Taproot and for sure it will FOMO again to even in the $90 range. So just wait and see, and still stick to the old formula of buying the dip and accumulating.

and who Is he to tell that 2 years more before bitcoin hitting 100k? is he an Whale investor? sorry but i can't remember that person involved in all the increase of bitcoin price , maybe in decrease he is responsible .
and also yeah the price continue declining to break the 66k but at least staying in 60-62k level is a legit proof that we are only needing small time before this happens.

all possibilities can happen, but it can be concluded that by the end of the year there will be an increase or it can be said that ATH is renewable. but there are still many predictions that become the final benchmark, at what price bitcoin will occur and get it. You say that for $100K from Jurrien's analysis it will take another 2 years, when in fact two years later there will be a correction to prepare for the 4th year of the fourth halving.

the price you estimate will occur at $80K-$90K that bitcoin will get, in fact I have confidence that there will still be an increase of more than $100K by the end of this year, looking at bitcoin's past which will always repeat itself.

almost every time where bitcoin reaches its highest price, there will be speculators who call themselves tough analysts dealing with bitcoin. even though previously many did not know him as a crypto analyst, because of the increase, many are competing to become impromptu analysts.

The analysis carried out is also enough to make something out of the ordinary for bitcoin, because usually after renewing ATH there will be a long correction of bitcoin. so the possibility that there will be an increase for the next 2 years is very small but for the next 4 years it will certainly happen because it is the halving period.

but I'm still optimistic that the increase at the end of this year will be possible if we look at the habits that have been carried out so far by bitcoin and we will patiently wait for it.

Your submission is some how closer to the reality as compared to those who are saying Bitcoin market price may reach $100k by December ending of this year. At least you were able to provide a back up evidence to support your claim and I love that as it will guide we the readers to search more dit in our quest for knowledge of what may happen to Bitcoin before ending of this year.

It is a possibility that we might reach hundred thousand by the end of this year or by the end of this bull run. I am not expecting the market to be bullish for the next one year let alone the next two years, expect a major correction in the next few months and that is my expectation and i understand majority of the stakes are held by institutional investors, so lets see how it goes.

Let us delay the end of bull run then for next year. Maybe the best price at the end of the year might not be 6 digits anymore as we have a difficult time reaching $70k now. So I will pegged a conservative estimates of at least $85k and then we will see how it goes.

Such difficult ascend to $100k, if we are going to be in that price this December, but now the price should be around $70k at least, but the price keeps on fluctuating hard this first week of November as compare to last month wherein we are surging by this time.

At the rate at which Bitcoin is growing in speed and popularity, Bitcoin must be 100 by the end of this year Will pass. Many experts say that Bitcoin will be recognized as the number one popular currency in the world in the next 10 years.

Yeah, I know that everyone is expecting a huge $100k at the end of the year.

But at the rate that bitcoin is growing this past, maybe there will be people that are going to doubt if we can really hit 6 digits or not. Currently there is a huge barrier to $60k, and the closer we did was $59,200 and then the price goes down again.

Sitting at $57k, it will be like x2 growth in more than a month before the end of the year. Not sure if this is still achievable.

Based on the potential of bitcoin it is achievable, but within limited time period it is question mark. $100k is going to be a big barrier, before that it is supposed to make several new ATH gaining good resistance. Based on the ongoing market growth the price seems to fall as low as $50k. Another thing last month of the year is much preferred for leisure and spending. So, more cashing out happens than buying. This way market is completely unpredictable for now.

It's tough, and it's needed a big hype before it can go that way, unless flowing money comes around and brings new investors. Though many still optimistic that there's a strong bull that will help to make another rise. $80K still possible with how people react when market suffer from small fall. It's showing that there are more positive investors who believes that the market will bounce back.

This short correction shakes those who are trying to make quick profits. Instead of gaining, they are forced to sell with losses.

The hope for $80k is slowly going down as bitcoin is not bullish anymore.

Currently trading at $56k, I guess we need some big news so people will get into FOMO again.
We are entering the last month of the year, we need to finish this year strong with a bullish price but $80k is highly unlikely within a short period of time.

Making a new high then failing to establish the price as valid, a failed scenario is not bullish and its easily a reason to expect challenged price action for the rest of the year.   I dont know why people would ignore that, if you slip climbing a hill it can be dangerous and lead to a fall.   We are certainly falling back some, it will arrest the fall at some point and then we can talk of recovery etc.   Thats not happened yet.


Not sure I heard any expert say that, Dollar dominates world trade and I dont think anything at all will take that place as its not a scenario that repeats; world trade will be unstable and this idea of a singular or nominated world global reserve currency will not likely exist in 10 years if that occurs.   We will see fractured usage of currency not a simple swap.   10 years is not long enough for this vast change, thats one footstep in macro economics.

right now that the price is way below $60,000 people started to create topics with titles like: " how far the price will fall, will we go down a lot? " and will forget about topics like this one of 85K. talking about 85K many analysts' predictions were that the price of bitcoin would hit 100K this year, but as I see it we will end up with the price below $60,000 and January has been a very close month where the price drops a lot


after people realized that it is a long way from ever approving some physical ETF bitcoin the price started to drop a lot

Even if the Bitcoin price has dropped to the current $56k price, as long as the Bitcoin price doesn't drop below $50k, I still believe Bitcoin could hit $80k
by the end of this year. Indeed, to reach the $80k target, big news is needed to trigger FOMO and hopefully there will be some good news in the next
few days. Bitcoin's performance this month didn't live up to my expectations, but I have to stay positive so I don't panic. I can only take advantage of Bitcoin's current decline by buying more Bitcoins, and hopefully in the near future at least Bitcoin can return to the price of $ 60k again.

The next expectation will be 85-90k$.From the 1000 dollars we increased our prediction of bitcoin price.Now it had reached upto the value of 56k$.In 2018,the price of bitcoin was struggled at the value of 5k dollars.Now it had reached of 10 times of Value.The people who holding since 2017,will became a billionaire for sure.Even now you can hold,instead of selling.

Isn't bitcoin already popular? I think that your statement would be valid if this was around 2010 but it's almost 12 years now and I don't think that bitcoin isn't popular already. Although I do think that your claim has a possibility but the only problem is that this month isn't a good day for crypto but hopefully by December we get to see that.

Perhaps he was referring to the price, maybe his logic is that it should be $100,000 or close to it by this month. But since we are not even around that price, it is not 'popular'.

Yeah, if and only if we have a good run this month just like in October, we might see the price around $80,000 and then moving in December to where everyone is expecting it to, a 6 digit price at the end of the year.

More than 2 months passed but even 70k did not taken so when will this happen?

quarter 4th is near to end yet we are not seeing any progress instead staying at 50k level.
Maybe His definition of popularity is continuously bumping in which bitcoin now stays lowered .

I'm not sure if we will going to cross that boundary , 85k ? the resistance is 70k and yes up to now this has been the hardest break we ever had.
in the past months bitcoin easily broken 50k, 55k,60k,65k and even 68k but this is not happening easily .
So 85k might not be there to be the ATH in 2021 but at least 70k and above are enough.
the popularity of bitcoin is still increasing every year so expect more in the following years , but for now let us be contented in what bitcoin brings specially this 2021 that really the bullying year of Bitcoin ever.