Bitcoin Price Could Blitz Beyond $150,000 During Next Bull Cycle in 2023

[dothebeats]

It would be too wild should the price of one bitcoin turn out to be $150,000. Charts are great tools in determining price for the short-term movement, although I still believe that charts alone, together with TA tools and methods are still inaccurate and crude when it comes to future price movements. I mean, $150,000 / BTC is huge, and I cannot wrap myself around that given how much money would needed to be injected in the market for that to materialize.

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[gentlemand]

This is just wishful thinking.I always see this quote, "past performance does not guarantee future performance." The same can be applied to bitcoin.

And yet this bubble and the following beariness has played out in a similar manner to the last one so far. The only thing that's changed is the number of people and the higher price their stampede creates.

I used to be disdainful of that psychology of a bubble chart, but it fit the previous bubble perfectly and this one is lining up too.

The only thing that decides price is human psychology and that never changes. Assuming it stays alive, until Bitcoin has peaked in terms of adoption and becomes ubiquitous there'll be periods of excitement that turn feverish to be followed by disaster again. That's a consequence of a little understood new technology and a fixed supply.

I wouldn't make any price predictions. I am certain there'll be future ridiculous price peaks and when you pull back they'll be a different scale but ultimately look the same.

[Labumi]

Very optimistic forecast. We don't even know how long the price can hover at 5k. Many are even suspecting that this is some sort of false signalling, check how market would react to a perceived approaching bull run.

it's true that at this time the price of bitcoin has reached a price of $5k but it can't guarantee you to always go up, surely there will still be where later the price of bitcoin will fall to $ 4k again, because there is still no good news and no issues which could trigger investors to buy bitcoin again.

[LimLims]

That's really  a sick prediction to be very much honest.
Like if this really happen then i gonna walk naked in the street lmao.
But before predicting anything about Bitcoin,  we need to know about the facts for which the price of Bitcoin increases. Like when there is a huge demand of the coin,  the price increase as the supply will be less.
So hope the predictions will be true soon and many people like me will sell their hard earned btc in high price.
Wish us goodluck.

[el kaka22]

I think it would not make any sense to check previous prices and try to estimate the future prices, it doesn't really have that type of increase every time, look at the all time highs none of them really increased the same amount between them not even in percentage wise, it just depends on how big it gets.

If the corporations and banks and politicians all get behind it and the regulations are lifted and it is a free economy for all with the mainstret news channel constantly sharing it on all news every day than we can see a huge spike that is true but without the proper help and even some limitations than we may never see those numbers, 150 thousand dollars is a number we can only reach with the help from law and without their help we can only hope to break the previous all time high.

[gentlemand]

A bit weird to see everyone poo poohing this. I would not have predicted $20,000 arriving when it did. Not by a goddamn long shot. Most exchanges are still shit, real volumes are tiny, contempt and ignorance still rains down from most angles.

At the same time we're not too far off only 10% of all coins remaining to be mined and there still isn't a straightforward route in for conventional investment money. Lift some of things weighing it down and it's going to fly at some point. 

[exstasie]

This is just wishful thinking.I always see this quote, "past performance does not guarantee future performance." The same can be applied to bitcoin.

And yet this bubble and the following beariness has played out in a similar manner to the last one so far. The only thing that's changed is the number of people and the higher price their stampede creates.

I used to be disdainful of that psychology of a bubble chart, but it fit the previous bubble perfectly and this one is lining up too.

Seriously, the bubble cycle happened three times already, and we're showing signs we're near the end of the third bear cycle. Dismissing the possibility outright as "wishful thinking" is really shortsighted, especially when the fundamentals and technicals both make it plausible.

It's par for the course to see people feeling this way though. Most people didn't expect the 2017 bubble. The same will happen next time.

[BTCevo]

Makes sense.

From $200 to $20k, we had a x100 pump and this happened when people were already thinking that bitcoin was too big to move.

Now we had $3.1k. If we make another x100 run, we'll get to $300k.

But, I believe the the next pump won't be as strong as the last one which was x100, so $150k (x50) makes sense in a way.

Also %99 of the time you won't be able to get out at the absolute top, so you better set your targets at $100k instead.

Agree, although from the trend that it will keep on surging but it still some prediction, everyone is waiting for the big adoption here to make this surge comes true. And if there is big adoption there will be some regulations coming up again which will limit the movement here. Many of them said that bitcoin is still bubble with the current price, so we can only wait till it comes back to the peak this year or may be 2 more years

[pooya87]

someone who can't really do simple math should not be worthy of reporting here as an "analyst" of bitcoin market. he is describing bitcoin cycles (which do not exist by the way) which take 3 years and he even mentions the historical times that they occurred, each in 3 years and then he forgets that 2017 + 3 years is equal to 2020 not 2023 which would be 6 years not 3!

if we are to believe such cycles are being repeated then the current stage is the exact copy of 2015 where price went from $220 to $300+ with a 50% rise in about 2 or 3 months and by the end of the year we already had >100% rise and the next year was the ATH. so by the end of 2019 we should see price be at $15000 and in 2020 a new ATH. and we are already behind schedule.

[livingfree]

He skipped 2020's major event of bitcoin halving but foresee's that the effect would come by the end of 2021. And by that time, he said that it will surpass $20k and could reach a new all time high.

He didn't skipped the halving events, on his prediction the line is projected go back up after each halving

Yeah, I'm just looking for that word and date which isn't on his analysis but you're right.

I can't say much to his prediction, everyone wanted to see a big price and collecting bitcoin as this point should be our main goal. Maybe his prediction can became a reality, or maybe not, but at least we are all prepared and not to be caught off-guard.

That's the reaction that we need to conduct while the market starts to show it's character that it can recover so fast. If his prediction comes into reality, well it's celebration time for most and that's everybody wanted to see.

[Mometaskers]

Very optimistic forecast. We don't even know how long the price can hover at 5k. Many are even suspecting that this is some sort of false signalling, check how market would react to a perceived approaching bull run.

it's true that at this time the price of bitcoin has reached a price of $5k but it can't guarantee you to always go up, surely there will still be where later the price of bitcoin will fall to $ 4k again, because there is still no good news and no issues which could trigger investors to buy bitcoin again.

Hopefully nowhere below 3k. That was just horrible, at least compared to last year's prices. I believe we can exceed 20k, I'm just skeptical that we'll have a bullrun this early. That don't make me a FUDster.

[DeathAngel]

I don’t think we will have to wait until 2023 for the peak of the next bull run. It’s more likely to arrive in late 2021 or any time in 2022.

[traderethereum]

I don’t think we will have to wait until 2023 for the peak of the next bull run. It’s more likely to arrive in late 2021 or any time in 2022.

I hope it will happen in this year and the next year because the signal still on the green candle and maybe this week, we can see a new highest price at all market. And if this week, the price can increase higher, then we can hope that in this month will be a great step for bitcoin and altcoin to rise again and change the trend from the bear market into the bull market.

[talkbitcoin]

I don’t think we will have to wait until 2023 for the peak of the next bull run. It’s more likely to arrive in late 2021 or any time in 2022.

I hope it will happen in this year and the next year because the signal still on the green candle and maybe this week, we can see a new highest price at all market. And if this week, the price can increase higher, then we can hope that in this month will be a great step for bitcoin and altcoin to rise again and change the trend from the bear market into the bull market.

it is simply impossible to reach $150k (which is a 4900% rise) in one year for bitcoin because it is not a pump and dump altcoin. but it is going to be easy to get there in 2 years starting from 2019 meaning hit the ATH this year's end and rally up in next year.

[fabiorem]

Actually, this price can be reached in 2021.

In 2020 we can go back to the previous ATH (probably one year from now), and then it can quickly escalate, raising 10k each month. Bitcoin will never be the same, the nocoiners will be begging for scraps.

[Indrawan77]

Actually, this price can be reached in 2021.

In 2020 we can go back to the previous ATH (probably one year from now), and then it can quickly escalate, raising 10k each month. Bitcoin will never be the same, the nocoiners will be begging for scraps.

I think that's too rush and impossible that the price will keep on rising 10k each month, the market and the investors already not the same, alot of them already diversify into different coins which makes bitcoin grow a bit slower, I think the 150k is not impossible but its a bit unrealistic if we can see it hit so high in few years, the growth of bitcoin is good but reaching that high price in a short time is a small chance

[Shinpako09]

2023 will be too long to see the next highest bitcoin price. Maybe that price can be reached the next year since the reward for the miner is reduced and I think that will makes the price will increase higher. That is still prediction only, and people can say anything related to bitcoin price. I only believe that bitcoin get the new highest price in the future as we cannot predict when it's happening.

Well, 2023 maybe too long for you but isn't it worth the wait for a $150k price? Also, if ever we're going to reach such price, bull run has been started already before we got into that year. So waiting that long isn't boring since price started to move upward, possibly higher than $20k. Of course this is just speculation but then this makes me excited because we all know there's a chance for it but for me, such price will take even longer than we are expected.

[gentlemand]

I think that's too rush and impossible that the price will keep on rising 10k each month, the market and the investors already not the same, alot of them already diversify into different coins which makes bitcoin grow a bit slower, I think the 150k is not impossible but its a bit unrealistic if we can see it hit so high in few years, the growth of bitcoin is good but reaching that high price in a short time is a small chance

Once people really get the bit between their teeth it'll be 10k or more in a day, or an hour. Things do not ease off as the price heats up. The pressure builds until it blows.

By that point the whole thing will be a disaster area with the blockchain heaving and exchanges seized so part of me hopes it doesn't happen that way, but I guarantee you that it will.

[Ronyx]

I think it will be difficult to happen, the price movement will not move straight and break the price of $150,000 in 2023. I believe in bitcoin but I doubt the movement without such obstacles.

[Indamuck]

Eventually the price will be so high that people will use smaller units more often like mBTC or satoshis.  Its just not appealing to use large decimal places when selling this in btc.  I know electrum and casinos are starting to use mBTC more instead of the standard btc but it still has low adoption.