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

[exstasie]

$160k?

You are dreaming very loudly, this is a great exaggeration, at the most in 2023 we will see the price from $ 50,000 to $ 60,000. More than that I do not believe we'll see. We have to be realistic if the price is still $ 3900 and we are in 2019 and without any good expectation of being a good year, not even next year we run the risk of ending the year as long as the price does not exceed $ 15000, as you Do you expect the price to reach $ 160,000 by 2023? this is impossible

When we were trading in the $200s in 2015, did you really think hitting $20K in 2017 was possible? With that attitude, I'm sure you didn't!

4 years is an eternity in crypto. Of course we could have another bubble by then. In fact I think we will.

Let's assume for a moment that $3,100 was the lowest bottom of this bear market. Then based on the 2017 bubble and the 2015 bottom, we should be talking about $400K, not $50K!

[Ararbermas]

That amount is very high mate and its impossible to happen even we say on year 2025. Because market always experience a massive declined after the uptrend.  In my view even above of current ATH of bitcoin is impossible as well unless if whales let the growth rate surge more for new ATH.

[Kimi80]

Has this third bull run period calculated as a possible, or logical reciprocate of first two? I don't have enough knowledge of the market itself and its behavior but when I saw this chart on first sight it looks like some kind of  prophecy.
I don't pay to much attention on predictions. I would like to experience this possibility to happen, it would make my life easier, but I can not see bitcoin price that high at any point.

[South Park]

When we were trading in the $200s in 2015, did you really think hitting $20K in 2017 was possible? With that attitude, I'm sure you didn't!

4 years is an eternity in crypto. Of course we could have another bubble by then. In fact I think we will.

Let's assume for a moment that $3,100 was the lowest bottom of this bear market. Then based on the 2017 bubble and the 2015 bottom, we should be talking about $400K, not $50K!

Anything is possible, when bitcoin was increasing in value I remember thinking that at best bitcoin could reach a price of 2000 and then we will see another huge crash, and then bitcoin grew to a value ten times bigger than my prediction, so while I see 160k in 2023 as unlikely we cannot really say that is not possible especially if some important developments happen in bitcoin during those years and the economy of the world crashes at the same time.

[jrrsparkles]

Has this third bull run period calculated as a possible, or logical reciprocate of first two? I don't have enough knowledge of the market itself and its behavior but when I saw this chart on first sight it looks like some kind of  prophecy.
I don't pay to much attention on predictions. I would like to experience this possibility to happen, it would make my life easier, but I can not see bitcoin price that high at any point.

We didn't expect the price of bitcoin to hit $20000 at the beginning of 2017,so anything might surprise in the four years and for me it looks possible to hit $160K or even more if there is more than one bull run comes into play.But predictions are just predictions nothing more.

[xvids]

We couldn't predict the price of crypto,
But I think it is too high $160k per piece, But who knows it is still 4 years from now,
Back in 2013 nobody predicted that bitcoin would be $20k so let's just wait and see.

[beerlover]

We couldn't predict the price of crypto,
But I think it is too high $160k per piece, But who knows it is still 4 years from now,
Back in 2013 nobody predicted that bitcoin would be $20k so let's just wait and see.

Bitcoin price prediction can only be much possible on a daily basis but to predict it in the long run, I don’t believe that any Technical analysis or fundamental analysis can really see the long time future of BTC.

Most traders has been successfully predicting BTC on a daily basis for the purpose of short term which shoes that it is actually possible to make a prediction but not for long term. For long term, the market itself will show us as time goes by, we just need to focus on trading for now while we wait to see what our long term investment has in store for us.

[Duzter]

Has this third bull run period calculated as a possible, or logical reciprocate of first two? I don't have enough knowledge of the market itself and its behavior but when I saw this chart on first sight it looks like some kind of  prophecy.
I don't pay to much attention on predictions. I would like to experience this possibility to happen, it would make my life easier, but I can not see bitcoin price that high at any point.

We didn't expect the price of bitcoin to hit $20000 at the beginning of 2017,so anything might surprise in the four years and for me it looks possible to hit $160K or even more if there is more than one bull run comes into play.But predictions are just predictions nothing more.

Agreed, by the days earlier to the price pumping towards $20k, everywhere the market speculations were focused on ₹7000-$10000. Even when some predict as $25k and all everyone looked it imaginary. As it reached it was a surprise as each and every cryptocurrency turned towards massive growth. In such a way similar growth could happen now too. Let's wait with patience as it is far away to the present year.

[Wilhelm]

$160k prognosis is Aug 2023.
The graph has been off by only a few days so I would say that it is highly likely. And not impossible...

And $160k is the ATH not the stable price. After $160k it will most likely dump back to $20k-30k.

[hawkins]

true or not, no one knows that. but we all still expect very high prices to occur. but, within 4 years, it is quite difficult to think about it, especially if there will be another FUD that will make people doubt. but we all expect high prices.

[Caladonian]

This predictions would bring much interest as it's far from the current value and with serious adoptions which is still ongoing, who knows what future will bring to this industry and how far the new high might be, we only can speculate and hope things will come accordingly.

If fate of this market will be positive, reaching such amount of value is still possible to achieve.

[Wilhelm]

true or not, no one knows that. but we all still expect very high prices to occur. but, within 4 years, it is quite difficult to think about it, especially if there will be another FUD that will make people doubt. but we all expect high prices.

Jan 2013 Bitcoin was $10
Jan 2018 Bitcoin was $14000

That's 140000% increase.

If we bluntly interpolate that towards 2023, Bitcoin would be just under $20M.
So $160k is actually a very reasonable estimate for august 2023.

P.S. FUD has always been around Bitcoin

[davit putra]

That is still a prediction, but I think it will be difficult for bitcoin to go for $ 160k in 2023, and I think the price will range from $ 10k - $ 15k.

[semobo]

$160k prognosis is Aug 2023.
The graph has been off by only a few days so I would say that it is highly likely. And not impossible...

And $160k is the ATH not the stable price. After $160k it will most likely dump back to $20k-30k.

If $160K was the next all time high then the price will surely get dumped after that due to bear trend because bull and bear market is the thing making the crypto to be profitable and interested among the investors.

[LUCKMCFLY]

true or not, no one knows that. but we all still expect very high prices to occur. but, within 4 years, it is quite difficult to think about it, especially if there will be another FUD that will make people doubt. but we all expect high prices.

Jan 2013 Bitcoin was $10
Jan 2018 Bitcoin was $14000

That's 140000% increase.

If we bluntly interpolate that towards 2023, Bitcoin would be just under $20M.
So $160k is actually a very reasonable estimate for august 2023.

P.S. FUD has always been around Bitcoin

It is an excellent point of view and, seeing the analysis of the image that is shown, it is not so far from reality. Although the predictions will always be just that, we must add that bitcoin is becoming increasingly popular all over the world, people are getting to know this technology that frames the coin, many executed and nascent projects, show the way to bitcoin.

If we take into account positive news, it is likely that its impact will occur in the long term, the graph that is shown, I interpret it more from a fundamental analysis than from a technical analysis, because most of the fundamental analysts can conclude with those results , considering the possible bearish scenarios, we can not rule them out, we are only in 2019, in 4 more years, it is likely that you have completed the accumulation phase and be prepared for Bitcoin to have new highs.

But you have to remember something very important, Malkiel Burton, author of the book "A random walk by Wall Streeth," he said, that the fundamental analysis falls, when events of a fundamental nature occur, for example: A war, would be sentencing the end of this prediction or projection, since it is a purely digital market and, in a war, it is very likely that faults will occur in the Internet service, Electric Fluid, among others, and the panic that would occur in the operators, which it would generate a general fall in the market.

[Question123]

In my opinion I think it is wrong prediction that bitcoin will become $160k in the year 2023. Take note we are in the year 2019 and the bitcoin still not recover and before we predict that price better for us to recover first the market before we proceed to the higher value for the bitcoin. But the highest value for me and possibility to happen is between $50k to $100k and afrer that it will down and they going to die.

[ethereumhunter]

We don't know if that number will be truely happen in the future or not. People are free to make a prediction, and even they can make a prediction and say that bitcoin in 2023 will be at $1,000,000. I will leave that prediction in my table because it still 4 years later from now and I don't want to think seriously because if the price can increase in that number in that year, so be it. Let us back to reality and enjoy the price now

[Btchunter3333]

I think is wrong to say that bitcoin will have that price on time , but i think the price of bitcoin will be much more in 2023 that is now and will be over 50k$ , just my 2 cents.

[mostcrack]

I don't know, we still don't think far there. even now we don't know for certain that this bitcoin price increase will continue or vice versa. and certainly, we all hope that will happen in 2023.

[Adriano2010]

We can't predict the price, but i think the price will be over 60,000$ for 1BTC on the year 2023 or maybe before and most people who will hold 1 bitcoin or less or more until that time will make a nice profit if but bitcoin now or before when price is where is.