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It seems that the price of bitcoin is difficult to break through the $100k level in the remainder of the year. Since the last few weeks bitcoin is trading at a price of $56k. If there is no widespread price rally, it looks likely to be a drag for BTC's upward price movement. Moreover, the current crypto market has entered a bearish phase.
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i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?
In my opinion, the current crypto market conditions have started to improve again after a few weeks ago experienced a very deep decline as a result of China's FUD news. The price of bitcoin is currently experiencing a high spike where the price has broken through the $57k level. bitcoin has started to improve lately and the market has broken through its highs after a price correction a few months ago. rumors about Chinese FUD not having much of an effect on bitcoin's movements are actually reversed. bitcoin broke through the high price of $57k again and continues to receive strong support from new investors. I think bitcoin price conditions have not improved the last few weeks after breaking through the ATH level. Even bitcoin is currently entering a bearish phase because the price is still experiencing a significant correction. I predict the Bitcoin correction trend is not over yet and still has the potential to drop around 10-20 percent from its current price before going up again significantly. |
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In my opinion, the price of bitcoin will most likely reach $70k before Christmas. However, Bitcoin usually experiences a decline in price at Christmas because many people sell their bitcoins along with the high need for Christmas celebrations.
Yes, I've noticed it several years but in this year, Bitcoin is so powerful to grow continuously. Sometimes, Bitcoin don't follow the regulation. We are not so far from the desire prediction of $70k. I hope within this month, Bitcoin will be able to cross $70k. Seeing the condition of the cryptocurrency market in the last few days which has continued to experience a significant price decline where the bitcoin price is still at the $56k level, it looks like the bitcoin price will not break through the $70k price this Christmas. However, if there is positive sentiment and bitcoin price returns to bullish, then the prediction of a price of $70k will most likely occur early next year. |
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Yes it will likely be over soon.
We probably have until January 2022, but everything afterwards is no man’s land, where only the desperate degenerates are.
It’s ok to be a degenerate right now and chasing 10,000% gains and memecoin pumps. It’s actually important to be a degenerate in a bull run, otherwise you miss the crazy 10,000% opportunities every bull run brings.
However, many crypto investors have become addicted to crypto and it has become most their main identity.
Then, once the bull run is nearing its end, they don’t want to lose this identity and their current lifestyle.
They want to keep sitting at home looking at charts, hanging out in telegram groups and disrupting the financial system and not work in a cubicle 9–5 with a boomer boss who has no clue about what’s going on in the world right now.
They don’t realize that they can go to a nice island and sip margaritas and don’t have to go back to that 9–5 cubicle, because they are too deep in the trenches.
Chilling on an island and sipping margeritas is part of the crypto life cycle as well.
I think the massive correction of Bitcoin price is over since the end of last september and now bitcoin has been on the rise since the beginning of October to date. However, of course the big question is how long this trend of rising prices will continue. Speculation about the period of this bullish market trend continues to emerge, especially since Bitcoin is now a regular news item in the mainstream media. But what makes the price of Bitcoin go up and down? Is this just endless good and bad news, or are there other indicators that can accurately predict future price movements and declines? |
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I will say the market has no direction now and so far we have seen a new ATH even if this is the highest Bitcoin can go for the year it's still a good profit for patient holders. To you how would you manage the price of Bitcoin now will you still risk the market or patiently wait for a new break-out on either side of the trend?
Even though Bitcoin price has continued to decline the last few days after ATH a few weeks ago, I am patiently waiting for a new breakthrough in the crypto market. I believe that after the current price decline, the price of bitcoin will again experience a significant increase because I believe in the long-term potential of bitcoin. |
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When Bitcoin goes down from 80 to 29, it goes up and down there for a while. But now it is going up and down again. But 50k the moment it is fluctuating again. I have learned from some news outlets that many people have exchanged views that Bitcoin will cross 100k by the end of this year. I would like to know the opinion of the members of the forum.
Rising demand versus reduced supply, supports the upward pattern in the past. Bitcoin has the potential to reach $100,000 by the end of 2021. Even now the price of bitcoin has started to show a significant increase and has even reached a new ATH after experiencing a decline last month. |
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I think Tesla and Elon Musk don't really accept bitcoin and Doge payments for their cars. Elon Musk has always been in the spotlight of crypto investors. Elon Musk is known in social media circles as a major troll, making statements that could affect the price of bitcoin and Doge. Moreover, this is not the first time he has made a mess on social media. Since last year, he made a statement that received Dogecoin payments for his vehicles but then he canceled them.
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Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.
Since the bitcoin price managed to break the new ATH record it reached a few days ago, the upward trend in the price will continue in the rest of 2021. Even after the bitcoin ATH break a few days ago, many analysts predict the bitcoin price towards $100k early next year. Therefore, if you are a long-term investor, don't worry when the Bitcoin price drops slightly, take this opportunity to buy. |
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Do you think Bitcoin will touch the 1 million milestone in 2022? I think Bitcoin will cross 80 thousand dollars in 2022. What do you think?
Currently the Bitcoin price movement is very bullish and this momentum is expected to continue in the coming months. I expect Bitcoin price to pass the $80k level in early 2022. But reaching $1 million in 2022 seems unlikely. |
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Indeed Bitcoin just hit an all-time high a week ago, although after that it experienced a slight decline in price that triggered panic selling. However, the surge in bitcoin prices will continue, even many experts predict that the bitcoin price will reach $100k by the end of 2021. Therefore, let's see how far the bitcoin bullish trend continues. Moreover, the trend of increasing bitcoin prices this year is different from the previous year. More innovation, more regulation, more big companies involved.
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The bitcoin recovery phase is not over yet as the market slides below $59k as at the early days of this week. The most important aspect of the whole recovery process is that bitcoin constantly maintain a slow correction speed and have held strong to 60k above price.
Bitcoin has continued to show up and down price movements since early 2021 until now. While there has been a slight drop in price after hitting ATH a few days ago, it is still within the reasonable category. Bitcoin's bullish trend will continue until the end of this year. Therefore, for the resistance level, I see the price of $70k will be the next price target to be broken by the end of this year. |
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In my opinion, the increase in the price of bitcoin since the beginning of October is due to the high confidence of large companies in bitcoin fundamentals so that more and more people are adopting it. This price increase also shows that the decline in Bitcoin prices that had occurred in September due to the news of China's ban on cryptocurrencies did not have a serious impact on Bitcoin prices.
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If look at the current upward trend in prices and continue for the next few months, I think the bitcoin price will be above $80,000 by the end of 2021, and will continue to increase maybe towards the target of $100,000 or even higher in 2022. But the bitcoin price prediction can will happen depending on various factors that will occur in the remainder of 2021 and early 2022.
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Microstrategy bought +5050 more Bitcoin statistics, this company now owns a total of: 114,042 Bitcoins. When they continuously buy Bitcoin in stages will it cause BTC to break ATH again? What do you expect for BTC at the end of 2021?
I think the price of Bitcoin will continue to rise, especially in the long term, and I expect the price of Bitcoin to reach $70,000 by the end of this year. |
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Because most of my friends believe that BTC reached 100,000 US dollars in December, so I want to discuss whether this is true  If bitcoin's upward trend continues, the bitcoin price will reach $100k in December. And of course, with more investors expected to join in and significantly raise prices. But keep in mind that, no one can say exactly what bitcoin price will end in 2021, but if we follow the previous price action, Bitcoin could hit the expected $100k price in December. |
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In my opinion, the price of bitcoin will most likely reach $70k before Christmas. However, Bitcoin usually experiences a decline in price at Christmas because many people sell their bitcoins along with the high need for Christmas celebrations.
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Indeed the month of October as expectations for a rally in bitcoin and altcoin prices. In October bitcoin performed well which shows the price continues to rise significantly. Bitcoin price continues to soar above $62k today when compared to the price position a few weeks ago. I expect bitcoin to hit a new all-time high again by the end of October.
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In my opinion, bitcoin's dominance will last a long time. it is difficult for Ethereum to compete with bitcoin especially if you want to replace bitcoin because the functions of the two cryptocurrencies are completely different. ETH has no coin limits as is the case with BTC. In addition, it will be problematic if the price of ETH is too high, because it will put DefI and other smart contract ecosystems at risk due to high transaction costs. After all, ethereum is a utility coin and not a store of value like bitcoin.
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If I see the price of bitcoin is currently in an uptrend, although there is a slight decline. The occurrence of a decrease in the price of bitcoin, is a normal thing to happen. Therefore you do not need to panic when the price of bitcoin drops. As much as possible you strengthen your psychological condition after being damaged by worries and assumptions, then you will not easily panic and get carried away by emotions.
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I think now bitcoin price is in an uptrend since last week. The bitcoin price has again broken through the current $57k level. Therefore I think the target price of $60k will be reached within this month.
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