2016 Bitcoin Predictions

[baritus]

Here are my Bitcoin price predictions:
1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.

[Amph]

i see at least another 100% increase, because of the halving, or around that, 700 is a veryg ood estimate

i remember that some were advocting for 500 when we were at 230, and we reached it somehow

[maokoto]

Here are my Bitcoin price predictions:
1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.

This OP mimics so well what I think will happen, that I will only quote it. Around 400-500$ rising slowly from that, with ups and downs along the way. Sounds logical.

[Razick]

Here are my Bitcoin price predictions:
1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.

Ugh. More ultra-specific predictions with no supporting evidence whatsoever.

[smith coins]

Here are my Bitcoin price predictions:
1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.

Realistic prediction, i think above bitcoin should be stable at around $500+ and at end of the year $700 max.

[baritus]

Here are my Bitcoin price predictions:
1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.

Ugh. More ultra-specific predictions with no supporting evidence whatsoever.

You could also just ask me . Here are the reasons why below. Numbers match numbers above.

1. BTC will remain stable because the world is uncertain right now and BTC is a good place to store value. If it goes higher than $500, a portion of the people that buy low and sell high for a profit will definitely sell, including me. This portion is limited to people who sell BTC for USD, as selling in any other currency is probably a riskier bet (especially CNY, the second biggest after USD).
2+3. The spike is an educated guess based on how hype seems to bump up the value significantly and then BTC falls again once the hype wears off.
4. Due to the lower inflation, BTC will be able to gain value more easily.  It will be a slow rise because people will be cautious due to the rise and fall from block halving hype.

[uki]

Here are my Bitcoin price predictions:
1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.

We shouldn't get beyond $600 due to the halving alone. If there are additionally developments that will directly influence the adoption and deployment then we may go higher, even beyond $1k if that is something spectacular. However, that is a lot of ifs that I mention. For now, the basic plan is we have halving event and nothing more in the store, thus the speculation plots will play that one out. I don't expect big fireworks, though.

[Biodom]

If btc repeats its 2015 performance in 2016 (not that I expect it), then btc price would be ~$551 on Dec 31, 2016, which sounds quite reasonable if not low.
If we are to project further at the same steady clip achieved in 2015, then btc would be $11,769 in 14 years from now (2030) and $48,671 in 20 years (2036).

[richardsNY]

I think the price will make an attempt to touch the $1000 price level just before the block halving, and when it's nearly there, the price will fall back very hard. After the block halving I can see we make a move to reach a new ATH.

[WENGER]

The only think I would like to change from your prediction would be the number 3. I would have said Retracement back down 25% of the final spike as I expect it would have a positive overall growth after the halving spike settle down so the final price would certainly be higher than the initial one.

[bajing]

my prediction bitcoin price in year 2016, before halving price will slowly increase and after halving price will rise much maybe bitcoin will reach $800-$2000 but not sure bitcoin will reach more than $1000 in this year

[gilangIDR]

My prediction in this year (2016) bitcoin will start a new chapter with the very significant. prices broke above $ 600, I'm pretty sure.

[arbitrage001]

Fluctuate in the 250 - 800 range.

[traderbit]

My prediction for this year is that bitcoin will be known by more people, more businesses will operate and working with bitcoin, and a slightly increase of price every month.

[azguard]

Here are my Bitcoin price predictions:
1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.

i think we will retrace to 700$ after halving i dont think we will go back for 400-500 range and we will need new stable range and that might be 600-700

[Karartma1]

Isn't it funny we like to consider a price range of 100$ between 400$/500$ a stable price?
That is not stable to me, considering we did sideways on 430/440$ for three weeks: that was kind of stable.

[target]

I don't see it going to $700 but the price may stick to 430-460 for a long time. it hasn't move to 480 since last year.
Maybe we can see its rise during halving, probably on June-July or maybe even till the end of the year. 

[azguard]

Isn't it funny we like to consider a price range of 100$ between 400$/500$ a stable price?
That is not stable to me, considering we did sideways on 430/440$ for three weeks: that was kind of stable.

yes that was stable range i must say it still is if we consider everything i pass several week price is still in this range

[manselr]

I don't see it going to $700 but the price may stick to 430-460 for a long time. it hasn't move to 480 since last year.
Maybe we can see its rise during halving, probably on June-July or maybe even till the end of the year. 

We will we be way beyond $700 by june-august or at least near that price when the halving approaches, $700 is too low. Of course you never know with Bitcoin, but the logical thing is a way higher price.

[OrangeII]

my predictions for this year, the price of bitcoin be $ 700, there will be a new wallet, and more and more known in the community, I hope this year to bitcoin existing ATM in every country