$70,000 anyone?

[DustyRah]

Looking at trends 2 or more years, Bitcoin appears to be headed for $70,000 over the next 3 years though it appears heavily bullish right now. Are there people with charts/trends etc taking us to the $70,000 level over the next 3 years?

[1715582777]

1715582777

[1715582777]

1715582777

[1715582777]

1715582777

[1715582777]

1715582777

[1715582777]

1715582777

[MiladMax]

over the next 3 years??
I see it coming much sooner

[player514]

Looking at trends 2 or more years, Bitcoin appears to be headed for $70,000 over the next 3 years though it appears heavily bullish right now. Are there people with charts/trends etc taking us to the $70,000 level over the next 3 years?

70,000 is definitely possible in the long run. It's hard to say what we'll see in the short run, though. It seems like as of now, the support is exponentially increasing due to the interest of the cryptocurrency by numerous tech services and companies. For example, amazon is trying to bring bitcoin into its system and I'm positive that amazon's support of the coin is what has helped bring bitcoin up to 7000. If there is some way to keep the support up to the levels that it has reached recently, it would not be hard to reach 70,000. However, this suppport will die out eventually; there is a max number of people who can support btc.

[NeuroticFish]

Looking at trends 2 or more years, Bitcoin appears to be headed for $70,000 over the next 3 years though it appears heavily bullish right now. Are there people with charts/trends etc taking us to the $70,000 level over the next 3 years?

Bitcoin's price always had ups and downs. While 70000$ is possible in 3 years, I don't think it'll happen. Not this quick.
There will be some downs which will make the 70000$ quotation get much later, maybe 8-10+ years.
Bitcoin had a wonderful year, but this doesn't mean the next years will be this good.
You know, hope for the best, but prepare for the worse. Even a fall back to 4000$ would not be so unexpected after the jumps we had. And then the discussion about 70000$ in 3 years time would be.. interesting...

[DeathAngel]

over the next 3 years??
I see it coming much sooner

Long term definitely, I don’t like putting date targets in place though. The next halving is in 2020 so who knows, it’s definitely possible.

[Goosebump]

In my opinion, there will be BIG time draw backs and corrections around the 15,000-20,000 mark. Regulations, more public involvement, etc.

[btcmayumana]

Looking at trends 2 or more years, Bitcoin appears to be headed for $70,000 over the next 3 years though it appears heavily bullish right now. Are there people with charts/trends etc taking us to the $70,000 level over the next 3 years?

I think it's still too early if bitcoin prices can reach $ 70,000 within the next 3 years. although this speculation is based on graphic data during the year, but not least if some of the politics issues and stopping interest people in buying again, so prices will experience steady, possibly tending to decline.

[DustyRah]

The $10,000 mark will be a psychological one after which $70,000 will only seem like a wait away.

[unknown-user]

Looking at trends 2 or more years, Bitcoin appears to be headed for $70,000 over the next 3 years though it appears heavily bullish right now. Are there people with charts/trends etc taking us to the $70,000 level over the next 3 years?

I'm not sure. Its really hard to tell eveb if it is true that its market value at this moment is continuously increasing since we don't know until when will it have a rate as this high on the increase of its market price. And also 70000$ is way far from its current value which is approaching to 8000$ to be reached within only 2 years from now.

[Kronos21]

I think the backdrop of the meteoric rise of bitcoin prices, people are losing their minds. In order for bitcoin had a price need to a large number of people had resources to buy it at that price. Show me people who can now easily purchase bitcoin at $ 7,000. Bought most of bitcoin before, or have earned it. People have no such amount of free money. It seems to me that at some point bitcoin will stop for this reason. Maybe even the price will drop. As it is not sad but to keep this price only those who have a lot of illegal money and they want to legalize them through bitcoin.

[VanDeinsberg12]

Looking at trends 2 or more years, Bitcoin appears to be headed for $70,000 over the next 3 years though it appears heavily bullish right now. Are there people with charts/trends etc taking us to the $70,000 level over the next 3 years?

I'm not sure. Its really hard to tell eveb if it is true that its market value at this moment is continuously increasing since we don't know until when will it have a rate as this high on the increase of its market price. And also 70000$ is way far from its current value which is approaching to 8000$ to be reached within only 2 years from now.

Nope, you're right just try to take the real formula regarding it. Imagine the bitcoin worth $500 - $700 at the previous year and this time it is worth  over $7000. Let me say there is a lot of increase around $6500 - $6900
and i can say there will be more increase but no more than $10000 at the end of this year, So the possible thing about the bitcoin's price increase every year will be more slowly. Because the more value on the bitcoin.
2x will be more difficult to be reached from now.

[harizen]

Looking at trends 2 or more years, Bitcoin appears to be headed for $70,000 over the next 3 years though it appears heavily bullish right now. Are there people with charts/trends etc taking us to the $70,000 level over the next 3 years?

If the trend will be continous as in no such thing as correction price, FUD, negative pullbacl then that is possible even in less than 3 years. But that it's impossible that the trend will always go straight without any correction. That's how market works since the beginning.

It's early to think too much high hopes for the bitcoin price. Just enjoy the current state and just desire the target that is closest to reality first. If $70,000 will happened then so be it.

[javadsalehi]

As I see the price has reached 7000 dollar from few cents, now I think every price is possible and there is no limit. A lot of speculations came true. So I won't be surprised if I see the price at 70000 or even more

[batang_bitcoin]

over the next 3 years??
I see it coming much sooner

Long term definitely, I don’t like putting date targets in place though. The next halving is in 2020 so who knows, it’s definitely possible.

Seems likely that it is going to happen after the halving. And if all these dramas will stop and everyone will be supporting only one coin which is legacy bitcoin. Everything is easy to bitcoin and it can even give us some more but yeah its better not to give exact dates.

[Gabz999]

Seriously ? You are talking about price to go up into $70,000 ? I'm not shocked but rather confused that you day it would happen in the next 3 years. That price mark is possible to attain but it will take a lot of years to go through. Maybe for now we are close to $10,000 mark.

[Kemarit]

Looking at trends 2 or more years, Bitcoin appears to be headed for $70,000 over the next 3 years though it appears heavily bullish right now. Are there people with charts/trends etc taking us to the $70,000 level over the next 3 years?

If the trend will be continous as in no such thing as correction price, FUD, negative pullbacl then that is possible even in less than 3 years. But that it's impossible that the trend will always go straight without any correction. That's how market works since the beginning.

It's early to think too much high hopes for the bitcoin price. Just enjoy the current state and just desire the target that is closest to reality first. If $70,000 will happened then so be it.

Of course there's no such thing as a continuous parabolic growth although bitcoin has defy the some basic economic laws recently with it rapid increase this year alone. I guess that once we reach $10000 next year we gonna see if we can still press further. We need another breath of fresh positive news that will push it and keeps going. Yes, its not impossible as long as there are new faces coming in and don't want to miss the boat or the hype train. We all hope that we can see it in the future, what remains is that we believed that it can be done despite many roadblocks ahead.

[DustyRah]

Seriously ? You are talking about price to go up into $70,000 ? I'm not shocked but rather confused that you day it would happen in the next 3 years. That price mark is possible to attain but it will take a lot of years to go through. Maybe for now we are close to $10,000 mark.

I think you are right but considering we went from $1000 to $7000 in a matter of months, we never know and it may coincide with the halving that will happen around 2020. I do agree that its a significant pump of capital into Bitcoin world to achieve such a huge rise in price. If the institutional investors start to implement some products around Bitcoin, I believe we will get to that mark very quickly though.

[thecodebear]

I don't have any charts on me but yes I expect $70k roughly around the summer of 2020, give or take a few months.

2017 - $10k
2018 - $25-30k
2019 - $50-60k
2020 - $80-100k

I think these are pretty reasonable predictions. I could certainly see it being a bit higher than this, or if something gets in the way of bitcoin becoming a typical but small investment for institutional investors then it could take a bit longer.

[Cranidos]

3 years is a very short duration to reach 70,000 USD. If the trend is to be the basis, then perhaps. However, let us take this into the reality. Imagine how high that price is. There will be a strong resistance to higher price in the coming years so this is just too much. I am not saying that I am against with that price, I'd personally love that if that will happen that soon. But there is not enough support to go there within that span.

[gentlemand]

3 years is a very short duration to reach 70,000 USD.

It is indeed a huge figure, however there will be an increasingly huge number of people waking up to Bitcoin too. The journey into the tens of thousands may well be an easier and quicker one compared to the journey from 1c to $100.

1 person getting excited in 2011 might be 500 people getting excited in 2018. Do the math as they say.

Of course it all go totally tits up too but right now momentum is still with it.