Question of the day: What is your price prediction for bitcoin ?

[WinslowIII]

obviously there are no scientific bases but my forecast is this by the end of the year bitcoin will reach up to 30k $ to go down next year up to 9k $ and in the middle of the next year a bear market phase will start again...

Yeah, that's it. Reduce supply of an asset and it's price crashes, this is really solid economic theory. YOU'RE A FUCKING GENIOUS!

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[1Referee]

$100k by this november? Far too agressive, we'll be lucky to hit ATH by then due to all this slow down (which is healthy, too much parabolic climbing isn't good long term)

Aggressive or not, if we do end up hitting that level the people desperately calling it will have sold somewhere between $20,000-$30,000 already.

Only if you have steel balls or be a hardcore hodler you will be able to sit on your coins to such levels. The far majority will be so tempted to cash out when they see 50-100% profits that they will lose out hard. It's a natural thing for those who sell to become bearish due to their bias to buy lower. They will burn seeing the price continue to go up instead of down. 

[SquallLeonhart]

I think short term would be this summer breaking the 15 thousand dollar mark, I know it has been a while since we broke that number but we are finally close and whenever we broke over 12.8k levels the price falls because the wall is just huge there and its really requiring us a lot of money to break it but each time we get there we chip it down a bit and then we go down and try again and again so each time we go up its easier for us to go even higher. Of course that takes a while but I feel like this summer will be the time we break that 15k levels and never go back down under 10k ever again.

After that until 2019 ends it should be close to 20 thousand dollars, maybe 17-22 levels I don't know which will happen but it will definitely go higher than 15 during September-December months. After that between 2020 first of January to halving it should reach to 30 thousand dollars or get close to it at least.

[shoreno]

imo its not good to call prediction a question of the day because prediction is pretty subjective  and everyone of us have a different prediction every single day  . anyways , you prediction of 100k for btc for this year is too exage for me , im sorry but i dont agree that btc will reach that high  . and you said that bitcoin will fall on the end of november at 20kusd ? that is also unrealistic for me because number 1 its long , i notice that when bitcoin reach a really high price people will then sell at bulk so the value is expected to fall imedieately   . 20k to 30k usd is also too high for a dip  .

[Lucius]

obviously there are no scientific bases but my forecast is this by the end of the year bitcoin will reach up to 30k $ to go down next year up to 9k $ and in the middle of the next year a bear market phase will start again...

This is just speculation based on your personal opinion, and I can agree with first part of it - $30k by the end of this year is possible, and I would say chances for year end price is :

 - 25% for $30k
 - 40% for $20k
 - 35% for range $10k-$20k

But I do not agree with second part, bear market in the middle of next year is fairly illogical thinking if we know that next halving will happen just at that time. Second half of next year should be interesting time, and I do not see price can drop under $10k, except in the case of some very bad event.

[EdenHazard]

Sometimes I feel like bitcoin is a worship place for some people especially for those people who has been experienced a lot of lost. It's not wrong to guess price movement of bitcoin even he says $1 million just in one minute because bitcoin can do this thing but that's far from reality.

Even I doubt too for some people who made an analyst with their strategy either use fundamental analyst and technical analyst because prediction is just prediction, we never know it will happen or not. Bitcoin price has its own way, you only have 50% to believe that your prediction will be come true and for 50% you only have rely on lucky.

[TopT3ns]

My prediction maybe for it's halving. It can reach new ATH and i will keep wait until that day come. For now maybe focus to earn more and save in BTC or maybe speculate in ETH because i believe that 2 coin.

[yvesp110]

$100k by this november? Far too agressive, we'll be lucky to hit ATH by then due to all this slow down (which is healthy, too much parabolic climbing isn't good long term)

Well it is tough to do the price prediction when it comes to Bitcoin but according to John McAffe who has been in the crypto for years and is the famous Bitcoiner in the world predicts that by the next halving, Bitcoin would be pretty much above 1 million dollar in the open market. Anyways, regardless of what the price maybe in future, you would have the surplus if you invest now.

[Carreuh]

In my opinion and predictions about bitcoin prices for the end of the year bitcoin will persist in the range of $ 17,000 at the end of the year because now bitcoin is declining to a lower level even though the decline is not too big but bitcoin will not be as expensive as the prediction in the end of the year  this, this is just my argument

[Febo]

I am pretty sure that Bitcoin will arrive 100k by the end of November and then crash again around 20-30k by February. Next Bull run to 1M.

I would not be that sure about that. November is still more then a half year before halving. What you are saying is of course possible, but I would give it a little chance. We would need a series of extreme events for that to happen until November.

[Jating]

Another wild guesses.

No TA expert here, but I don't see bitcoin hitting $100k soon. And I don't understand why people are making big and exorbitant predictions. Do they really wanted to see another bubble? And we all know that once we hit another bubble, it will soon burst and the price will tank again.

Just let the market goes on it's normal and not artificially inflated price. If we see $20k by the end of the year then good for all of us, if not then at least adjust and be flexible, just saying.

[Pursuer]

first of all you can not be sure of WHEN bitcoin price is going to reach a new ATH such as $100k so saying you are "sure" it will reach it in November only shows that you don't understand how the bitcoin market works and your speculation is pretty low quality.

secondly if we set a new ATH that is 5 times bigger than the last one, the drop that follows (the bubble burst) is never going to be such a gigantic drop back down to where we began. it would be like falling to $900 after reaching $20000 in 2017 which was simply impossible so is dropping down to $20k as you suggest.

to top it all off your time frames are ridiculous! you think bitcoin can go up 900% in 4 months and then fall down 80% in 3 months! we have called bitcoin price a roller coaster but what you are expecting is a rollercoaster on steroids

[figmentofmyass]

i like the look of this bounce off $9850. it looks just like the july 2 bounce so far---very strong and only shallow retraces. good chance the bottom is in IMO.

we could be building out a big bull flag off the $13.8k top. if that plays out, this leg up will probably go near $12k or so before another chop down. breakout by the end of the month methinks.

[1Referee]

we could be building out a big bull flag off the $13.8k top. if that plays out, this leg up will probably go near $12k or so before another chop down. breakout by the end of the month methinks.

It could also form a bearish decending triangle. The way Litecoin is being dumped down this close to the block halving makes it not entirely unlikely that Bitcoin will follow the same pattern. At the end of the day, it very likely has the block halving already priced in. I hope it's a bull flag, but if we yet again dip below $10,000 the forthcoming months might not be all that pretty.

Back in 2018 the decentralized triangle that played out turned out to be predictable to the degree where you could long and short pretty accurately. We'll see how it goes.

[figmentofmyass]

we could be building out a big bull flag off the $13.8k top. if that plays out, this leg up will probably go near $12k or so before another chop down. breakout by the end of the month methinks.

It could also form a bearish decending triangle.

since we're in a strong uptrend, we should assume a triangle is a bull flag until proven otherwise IMO. all triangles tend to be continuation patterns, descending or not. it's extremely rare to see markets top with a triangle.

for now there is only higher lows anyway. we'd need to retest the july 2 low to draw it as descending.

The way Litecoin is being dumped down this close to the block halving makes it not entirely unlikely that Bitcoin will follow the same pattern.  At the end of the day, it very likely has the block halving already priced in. I hope it's a bull flag, but if we yet again dip below $10,000 the forthcoming months might not be all that pretty.

the litecoin pump seemed to be driving things up until april or so but LTC/BTC crashed and never recovered after that. they decoupled a while ago. bitcoin has been driving this rally for months---i don't think anyone cares about litecoin.

[NavI_027]

I am pretty sure that Bitcoin will arrive 100k by the end of November and then crash again around 20-30k by February. Next Bull run to 1M.

Another fearless forecast again . Honestly, I'm already done with this stuff because I really realized that it was pointless. Don't get me wrong, I'm not against price predictions because it is good somehow in a sense that you are boosting your hope and confidence. However, too much is not always good like on what you posted. It seems that you become overconfident for using the word "pretty sure". Well it's your opinion anyway so it's not my business anymore, I just hope you will not become so devastated if it doesn't happen . Good luck.

Me? I'm just wishing that our market improve even more this upcoming -ber months (please God, please!).

[davis196]

I am pretty sure that Bitcoin will arrive 100k by the end of November and then crash again around 20-30k by February. Next Bull run to 1M.

Anthony Pompliano expects it to hit $100,000 by the end of 2021 - https://offthechain.substack.com/p/bitcoin-is-likely-to-hit-100000-by

This question of the day has been asked 1000 times here.Try to figure out a more original question,bro.
For me,15K is the absolute maximum that the bitcoin price can reach for 2019.There's no way it can go above that.I don't care Pompliano says,one Trump tweet can destroy the market and all the bullish analysts can't do anything about it.

[mirakal]

I would be happy if all you said will be realize.
20-30 is such a great price, 20K is our current ATH now and going to 100K would just give us more opportunity to sell.

I will tell you, people will not make the same mistake again, those bag holders will have a time to sell for a profit again as that situation would result to FOMO, and we will have new bag holders of shit coins once the price correct back down.

[michellee]

I am pretty sure that Bitcoin will arrive 100k by the end of November and then crash again around 20-30k by February. Next Bull run to 1M.

Anthony Pompliano expects it to hit $100,000 by the end of 2021 - https://offthechain.substack.com/p/bitcoin-is-likely-to-hit-100000-by

Well, I am sure many people still waiting for it's happening in the future, we have a few months to go there. And if your prediction really happens, then I am sure we can make a lot of money, and even if the price is crash and touch $20k-$30k, we still make a lot of money. But still, the end of 2021 is far away, and we don't know how it will happen.

[vintages]

I would be happy if all you said will be realize.
20-30 is such a great price, 20K is our current ATH now and going to 100K would just give us more opportunity to sell.

Bitcoin already reached and crossed 20k so its not really a 'great' price per say.
The price of 30k-50k should be our target and I think that will be the price we might see at the closing of November. Or even the beginning à d closing of December.
I know that many of us are aiming for 100k but I fell it will be too fast.