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Author Topic: Is right or wrong that bitcoin price will up to $160k in 2023?  (Read 1013 times)
thecodebear
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April 07, 2019, 10:38:40 PM
 #101

I think $160k is maybe a bit high for the next bull run, but I would put that in the realm of possibility.

Personally I think the next bull run will peak in 2021 or at latest 2022. I think by that time 2023 bitcoin will be sitting back at the bottom of the market like around $30k or something, or perhaps it'll even be just starting the following bull run. I think the two main theories are the 4 year cycle and the ever increasing cycle. If the ever increasing cycle is correct then yea I could see 2023 and $160k peak happening. But if it sticks to a 4 year cycle and we see a peak by the end of 2021 I think it'll be more like $110k - $120k would be my best guess.
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April 07, 2019, 11:55:57 PM
 #102

No one knows whether this is going to happen. If anybody knew, nobody would sell it at $5000. lol. 4 years is a long time, and it is impossible to analyze for 2023 for the system created 10 years ago.
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April 07, 2019, 11:57:01 PM
 #103

Its a bit hard to believe however 1000 was seen as very high for a long time after the peak in 2013.    Then next thing we know it went way past then and even now its not close and with people somehow being gloomy about the price, long term its gained massive still.

In that context I guess more then 20k is possible.     Lets say 10x previous peak, that makes it 200k.    To me that seems silly and unlikely, but in proportion comparison I guess its not fair to dismiss it completetly.    Just regaining 20k would surprise me thats just how I feel but alot can happen in 4 years

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April 08, 2019, 01:20:13 AM
 #104

ok wait let me get my crystal ball , znnnnnnnnnnnn . sorry my crystal ball says that we would be in a bear market in 2023, falling from 2021 ATH 70k and trying to find support at 20k.

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April 08, 2019, 02:41:21 AM
 #105

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.
This prediction to happen compared to the $160k in the year 2023. Maybe the highest will be $100k each bitcoin.
Once it reach we will earn more profit again and you will be worth it your waiting or being patient.
But still we do not know what is happen to the bitcoin.  But it's good to see $160k but we are expecting the possible to happen.
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April 08, 2019, 03:10:02 AM
 #106

Its a bit hard to believe however 1000 was seen as very high for a long time after the peak in 2013.    Then next thing we know it went way past then and even now its not close and with people somehow being gloomy about the price, long term its gained massive still.

In that context I guess more then 20k is possible.     Lets say 10x previous peak, that makes it 200k.    To me that seems silly and unlikely, but in proportion comparison I guess its not fair to dismiss it completetly.    Just regaining 20k would surprise me thats just how I feel but alot can happen in 4 years

Hey you’re right when Bitcoins initially reached $1k everyone was happy about it, suddenly down the line it hits 20k and now people will only be happy again want they see those levels. I feel that we may achieve $8k in the short term, and $12 - $15k by the year end as we’re witnessing stability in bitcoins prices. Also I don’t think anyone can predict about 2023, but I’ll be happy to see bitcoins prices going upwards as usual.
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April 08, 2019, 03:10:11 AM
 #107

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.
This prediction to happen compared to the $160k in the year 2023. Maybe the highest will be $100k each bitcoin.
Once it reach we will earn more profit again and you will be worth it your waiting or being patient.
But still we do not know what is happen to the bitcoin.  But it's good to see $160k but we are expecting the possible to happen.
Well, everybody can predict the price, even you can predict the price to hit $500,000 per bitcoin lol, but 2023 is a damn long journey to reach that, need 4 more years to reach that and anything can happen on crypto world. It's possible to hit your price prediction but over $100k per btc? It's kinda a bit over.
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April 08, 2019, 07:13:30 AM
 #108

It is kind of prediction
But many traders see new ATH on 50k-55k
ETF is in play it can be approved that year .Together with halving we will go in to parabolic or even hyper parabolic movement
If we look today price 5200$ than 55K during halving time is very possible

 
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April 08, 2019, 07:39:01 AM
 #109

I don't see anything wrong if bitcoin reach $160,000 before end of 2023 and we didn't even know if this is going to happen by next year when bitcoin is going to be halving by may next year.  It is important we see the possibility of bitcoin grew as it has happened before in other not to be left out on the next bull run.  We should expect good and be positive about this speculatives assets as what move them is good news and not how governments or group of people feel about it.  To invest we most be able to have great hopes that from now till 2023 we should expect more adoptions and uses of cryptocurrencies by the populace.
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April 08, 2019, 07:45:46 AM
 #110

you can ask 100 people, you will get 100 different opinions. At the end of the day no one can tell you what exactly will happen in the future with bitcoin. for me, it would be great if we reach 160k or even 1 million Wink
time will tell. you only can pray for satoshi nakamoto Cool
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April 08, 2019, 08:16:36 AM
 #111

you can ask 100 people, you will get 100 different opinions. At the end of the day no one can tell you what exactly will happen in the future with bitcoin. for me, it would be great if we reach 160k or even 1 million Wink
time will tell. you only can pray for satoshi nakamoto Cool

Yeah. Who can say what's right or what' wrong in this market. By today's standards, 160k would be pretty absurd. But who knows. Perhaps next year or the year after we'll have a run that could match or even exceed the one we had ladt 2017. Things happen here without any real reason.


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April 08, 2019, 08:25:46 AM
 #112

no one knows about that, and that is a very high target. I will only be very happy when I see this year's bitcoin price reaching $ 10k, or more. thinking of 2023 at a price of $ 160k, that was very difficult for me, moreover there was no information about it  Roll Eyes
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April 09, 2019, 01:40:43 PM
 #113

you can ask 100 people, you will get 100 different opinions. At the end of the day no one can tell you what exactly will happen in the future with bitcoin. for me, it would be great if we reach 160k or even 1 million Wink
time will tell. you only can pray for satoshi nakamoto Cool
Pray for Satoshi Nakamoto, there is nothing he can do again as regards the price value, he has already created the system and the system is already working, it is left for the users to control which direction he goes, there is no amount of money he can even pump in to create any pump that will make it reach all time high, the system is now independence and except he comes up with another idea again.

So, I guess it would be much better, pray for yourself and pray for every single investors out there to have money and also pray for their willingness to invest, pray for government policy and pray against whatever might crash the price , especially whales, not Nakamoto, you can also thank and bless Nakamoto when you see him.
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May 22, 2019, 04:45:53 AM
 #114

No one knows whether this is going to happen. If anybody knew, nobody would sell it at $5000. lol. 4 years is a long time, and it is impossible to analyze for 2023 for the system created 10 years ago.
Indeed, for bitcoin there is nothing that is impossible, this is proven when the beginning of bitcoin was created no one thought prices would reach US $ 20,000 in 2017. But this month in May 2019 the price of bitcoin is in the range of US $ 8,000, so as to reach US $ 160,000 in 2023 something was very difficult.
I predict the highest price of bitcoin in the next five years between US $ 20,000 and US $ 30,000. Even then, in my opinion, it is extraordinary, considering the increase in bitcoin is influenced by internal and external factors.
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May 22, 2019, 06:57:03 AM
 #115

Iam sceptic which is unfortunate when it comes to BTC because it means underestimating what is possible.    The reasoning I would have for staying a sceptic despite the possibility of such a high target being feasible is that currently I do not think its possible.

160,000 per Bitcoin with all the possible issuance is too much, this gives a market cap that would encroach onto other areas of finance.  The only way its gaining that much is if a greater population occurs before 2023 and/or other finance assets lose their market share.
160k in dollars would happen if dollar went down in value, thats the only way I expect it.   I think this figure would mean 2.8 trillion for BTC global worth which is too much unless its doing alot more then now

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May 22, 2019, 07:45:09 AM
 #116

There is not right or wrong when it comes to Bitcoin, everything is possible. Still this is so long term and the price is exaggerated so I wouldn't comment that partucular prediction. But there is no use of bothering with such numbers and what will or will not happen in distant future. You better focus on current situation.

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May 22, 2019, 08:46:16 AM
 #117

Did you intend to choose long term invesment? If you do, I'll says yes. You can buy bitcoin now and hold for almost 4 years from now and don't take a decision to sell your bitcoin when 2023 hasn't come. Actually, there is no one will know what will happen next to bitcoin price, but I only see its price movement per yer or even if I take a conclusion I can compare how bitcoin in 2009 and this year. How much different price will you see? I guess a huge price that will you see. For this happened I only imagine the bitcoin price always up per years instead in 2017 but most of years its price always up. So, you aren't wrong if you intend to buy bitcoin now and hold for long term because most possibilities you will get profit from it although its price doesn't reach 160k.
UnDerDoG81
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May 22, 2019, 09:17:53 AM
 #118

Yes just got the confirmation.
iv4n
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May 22, 2019, 11:25:56 AM
 #119

Yes just got the confirmation.

Maybe his stupid question deserves such rude answer! You made me laugh, cause I was thinking what`s wrong with some people who ask such questions? Anyone who is sure about $160k in 2023 should sell the house and everything he owns and wait 2023, cash out like a millionaire and do what ever. Life is not simple like that, we are taking our chances and in some time we will see did we make a right or wrong decision. That`s risking, and we are all risking, explain that to people who just want to earn and make profit without losing anything, without risking.

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May 23, 2019, 05:32:52 PM
 #120

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?
Everything is possible what we should be asking ourselves is how likely it is that those things will occur? And it is easy to see that is not very likely what we saw during the end of 2017 was something incredible but we cannot expect that to happen that frequently, it will take years just so we can see that price ever again and to go even higher is going to take an even longer amount of time.

While I like to speculate with the price there is nothing worse than to dream with your eyes open, I will love to see those prices but in what I am concentrating right now is to be the best possible trader I can be.
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