Is right or wrong that bitcoin price will up to $160k in 2023?

[guoyu78]

How could anyone know ?
Bitcoin price being 160 thousand dollars in 4 years equals to about 40 times what it is today.

If people knew that bitcoin would be 40 times its current price in just 4 years believe me they would invest into bitcoin heavily and insanely, all of us would buy bitcoin like crazy, hell I would sell every single thing I own in my possession for dirt cheap just to get there, I would sell my bed and my wardrobe and my fridge and live like a peasant 2000 years ago just to get those money x40, yet we have no idea if it will happen or not, there is not a single chance to know that.

It doesn't mean it won't happen, it doesn't mean it will happen neither, it just means we don't know what will happen. Those kinds of future predictions are hard, we barely know what could happen a week from now.

[fabiorem]

After halving in 2020, all speculators predict the largest mega bull run in history of cryptocurrency market. With a bit of luck, in 2023 the price will fall from $300k in 2021 to $160k.

If we take the pattern of the previous cycle as a example, we will have a 20x increase in relation to the previous ATH, which gives us something between 300k and 400k at the end of 2021. And if you think 20x is too much, I must point out that between 2011 and 2013, the price have risen 1200x, from one dollar to $1200 at the 2013 ATH.

And of course, the price will fall 90% again after 2021, going to 30k. This would probably give us a low of 160k by 2023. Thats why I think this chart is a bit off, it is only considering historical charts. The real curve is probably more pronounced to the upside.

One thing that I fear, is the persecution against hodlers, that might happen in this scenario. We will probably need citadels for hodlers.

[aris av]

I think it's too hard to happen, indeed many predict the price of bitcoin will continue to increase but by reaching 160k then the possibility will be difficult, for me high prices are like excessive expectations.

[futile-resistance]

I don't think bitcoin will get to that amount by 2023 but am sure we are going to get to that amount and even more in years to come. The crypto market is a very volatile market, which you can make a prediction and begin to see a different thing maybe because of just a single FUD news, even expert can not tell you the price bitcoin will be by 2023 but can only give speculations which might either be true or false, time will tell.

[gabbie2010]

Bitcoin can never attain that value of $160K even with approval by SEC ETF and Bakkt launch although there so much speculations and predictions flying around we have to also consider government regulations, bans and clampdowns on how its going to affect the price of bitcoin even the social media is not left out on how they had tarnished the image of bitcoin and painting it in a bad light all these will impedes the pump in the price of bitcoin.

[Febo]

Today I find an interesting graph about bitcoin price trend, this chart predicts the possible price of BTC in the upcoming fourth bull run

From the first bull run to the upcoming fourth bull run, bull runs usually become more prolonged, and a bit less intense over time.

In the fourth bull run, the highest price of BTC will up to $160k in September 2023 rather than  2021 commonly assumed, and in October 2019 BTC will crash down $3000, from October 2019 to January 2020 is the lower price period of BTC, and it will be the best time to invest.

What this chart presents matches up with an article I read earlier, the gist of that article is that the lower point of BTC price may appear after September 2019, rather Jan 2019
I don’t know what algorithm does this chart uses, maybe itself no algorithm.

what you do think about the viewpoint of this chart, please leave your comment or viewpoint.

image url：https://ibb.co/TK5my5T

This predictions seems bad. Specially the $160k in 2023.  But anything can happen really. There is no one that know the future.  We might have huge financial crisis at end of this year and people will sell crypto at any price just to save their asses.

[exstasie]

If people knew that bitcoin would be 40 times its current price in just 4 years believe me they would invest into bitcoin heavily and insanely, all of us would buy bitcoin like crazy, hell I would sell every single thing I own in my possession for dirt cheap just to get there, I would sell my bed and my wardrobe and my fridge and live like a peasant 2000 years ago just to get those money x40, yet we have no idea if it will happen or not, there is not a single chance to know that.

Of course it can't be known. Nobody can tell the future. But I've been here since 2013 and I was betting on the 2017 bubble for good reason. And I'm betting on the next one too. The trend is your friend. As long as the trend continues, there's no reason to bet against it.

Fundamentally, we have every reason to believe the growth will continue. Bitcoin is gaining more users and becoming more entrenched in culture all the time. On this path of growth, and with such a scarce supply, price is bound to keep rising over the long term.

Predicting the exact number the bubble will top at is silly because it's unprecedented. You can't predict where supply will enter or when demand will dry up. $160K seem on the low side to me (based on past bubbles) but who knows?

[Clark05]

It will not happen the price of $160,000 in 2023 why? It because possible for the bitcoin will not increase more than  50,000 dollars if that happen. And also for the bitcoin who are possible to die because it takes only few years bitcoin in the cryptoworld and I think even still there the bitcoin the value is very cheap and we have new bitcoin in that year for me only that I think I don't know what other people really  think about that.

[basty03]

What is wrong with that  many people will be happy especially long holder's of bitcoin if the goes to $160k in the near future because all user will be benefit on it. But of course  its hard buy of full bitcoin and the fees will higher. There's a good and also there's a thing that need to be considered.

[Siren]

Base on all the speculative anwers and predictions i gather in this forum,i guess $160k is nore enough reasonable than what the “Great” John McAfee says that in 2020 we will hit $1,000,000 bucks lol

But seriously,i believe that in 5 years time everything will change specially in bitcoin price because the adoption is surely be worldwide and many people will finally invested on us

[LUCKMCFLY]

A prediction of this style, is to attract many more investors in the market, which is something excellent, I really do not know how to get that number, but from 2014 to 2017 Bitcoin ended its accumulation period, so Bitcoin went up to 20k, represents a large amount of money, this year we are in the same phase of accumulation by 3.8K, it would be excellent to finish that accumulation period, wait for the upward trend ... so we could study the volume to determine how much it can go up. I am anxious to reach the 160k, the volume of money would be incredible, it would be a bomb and a total madness that the bitcoin world needs, I can not predict it, but I know that the phases of the market are being fulfilled, we just have to wait.

[Bagaji]

Sad to say we can't predict if the price per bitcoin will become $160k. But, it is possible to happen if in the next few years we will experience bull market. Some people predict that bitcoin will raised up to 1 million usd but do you it is really possible?

Well, I don't blame those that make such speculation as everyone is entitled to his opinion and I believe that is what are shown to the world.

[oegarod]

Sad to say we can't predict if the price per bitcoin will become $160k. But, it is possible to happen if in the next few years we will experience bull market. Some people predict that bitcoin will raised up to 1 million usd but do you it is really possible?

Well, I don't blame those that make such speculation as everyone is entitled to his opinion and I believe that is what are shown to the world.

Agreed, by the same time it is a must to get to the market situation. As of now a large level adoption from top firms operating globally will make a big change. People never had a thought that bitcoin will reach $20000, but it happened and now people expecting for $20000 and in this way $160k too is possible.

[sandra_x]

Anything is possible with bitcoin, It will be nice to see bitcoin hit such high levels as it will make a lot of the early adopters rich.Such will only be possible if bitcoin is used to support a 3 Trillion dollar economy. The downside is that it will create some extremely rich persons (richer than some countries) which may not be heathy for society.

[crzy]

Sad to say we can't predict if the price per bitcoin will become $160k. But, it is possible to happen if in the next few years we will experience bull market. Some people predict that bitcoin will raised up to 1 million usd but do you it is really possible?

Well, I don't blame those that make such speculation as everyone is entitled to his opinion and I believe that is what are shown to the world.

There is no right or wrong, we can predict at any price we want because this market has the chance to hit that. I don’t want to expect for a more expensive bitcoin, I just want to have bitcoin at a cheaper price so hopefully I can still have more chance to own bitcoin. 2023 can be a great year for bitcoin, hopefully.

[normanderecho]

Today I find an interesting graph about bitcoin price trend, this chart predicts the possible price of BTC in the upcoming fourth bull run

From the first bull run to the upcoming fourth bull run, bull runs usually become more prolonged, and a bit less intense over time.

In the fourth bull run, the highest price of BTC will up to $160k in September 2023 rather than  2021 commonly assumed, and in October 2019 BTC will crash down $3000, from October 2019 to January 2020 is the lower price period of BTC, and it will be the best time to invest.

What this chart presents matches up with an article I read earlier, the gist of that article is that the lower point of BTC price may appear after September 2019, rather Jan 2019
I don’t know what algorithm does this chart uses, maybe itself no algorithm.

what you do think about the viewpoint of this chart, please leave your comment or viewpoint.

image url：https://ibb.co/TK5my5T

It's till a speculation mate which is no assurance whether it will be happen or not. But, being a positive in bitcoin is not quite bad instead its help ourselves to be more courage and avoid discouragment about blockchain industry. I hope, you will lget ucky by predicting the upcoming bullrun in the future.

[kaya11]

Everybody can be right or wrong in their own self predictions. If the charts were accurate then most of us here would be doing research about how to understand and use it but sad to say it is not. The market trend depends if people or companies will put more money in the market, not by some charts based only.

[Juggy777]

Everybody can be right or wrong in their own self predictions. If the charts were accurate then most of us here would be doing research about how to understand and use it but sad to say it is not. The market trend depends if people or companies will put more money in the market, not by some charts based only.

I don’t agree with the chart predictions as bitcoins prices are determined by supply and demand not by charts. While I respect people opinions regarding bitcoins prices, some people tend to make exaggerated claims which even they know won’t happen like the op has made about the charts. Also we’re a long way from 2023 we should focus on current events, and hope bitcoins prices continue to rise upwards in 2019.

[onrise]

Everybody can be right or wrong in their own self predictions. If the charts were accurate then most of us here would be doing research about how to understand and use it but sad to say it is not. The market trend depends if people or companies will put more money in the market, not by some charts based only.

Everyone who knows and believe in the crypto currency will know that price will surely be growing and at present value it will grow many folds from here. Now will grow above 50k or 100k should be the first question.Will it be able to sustain such high values should be another .

[radjie]

everyone is free to argue about the predictions of bitcoin prices in the future, some of them are optimistic that the movement of Bitcoin prices can increase sharply in the future, but before a sharp price increase there is a possibility that the price of bitcoin could reach its lowest point because it has been proven in previous years, therefore we must be able to take advantage of market conditions to be able to add investment assets that we have