How far bitcoin will it go this time and why?

[romero121]

People have come up with different predictions about the growth bitcoin is to experience in the future. As for my opinion it is good to think about the present year and then can move on to the future, because the market is entirely different from other world markets. In no time big change could happen. I expect and predict the market to reach new ath by the time of upcoming halving. For the same the growth will take place from now onwards which probably take the price reach at least $12k by the end of the year.

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[gilangIDR]

We are all excited that bitcoin started moving forward again. Let's have some discussion here how far bitcoin will go this time.
Come up with your prediction, date when will it reach there and of course with a reason why you think it will reach that point.

$10,000 before end of year
I will keep it quite less until some countries come up with their actual stand on cryptocurrencies. As it will highly impact the market and push it to a new level or pull it to a new low.

What we can do is hope that real changes will occur. Indeed everything can happen in the world of cryptocurrencies, but our support will all determine whether cryptocurrencies and Bitcoin will experience positive changes. The price of Bitcoin will continue to increase and this is because there are more and more people who know Bitcoin so that the development of Bitcoin transactions continues to increase. Things like this will foster a strong belief value and it can make the existence of Bitcoin more and more positive.

[bitbunnny]

12k by end of this year.
20k one year from now.
75k by end of 2020.
100k two years from now.
250k by end of 2021.
Fall to 25-50k by 2022.

Alternatively, there is the hypothesis of a five-year cycle.
Although the halvening happens each four years, a five-year cycle would imply in a more smooth increase, and a smaller bear market in turn. For a five-year cycle, we would reach 100k by end of 2021, 250k by end of 2022 and 1 million by end of 2027, in which point I think it would stabilize. I have a guess that some exchanges want this to happen, as it would bring more adoption of bitcoin as a currency, and not just as a speculative asset. Also, 2027 follow Casares prediction. This gives plenty of time for LN to develop and increase bitcoin use for retail markets.

Interesting figures but I would really like to know how did you get them. Probably just out of the blue because I can't see any solid ground based analysis that would support such figures.
It's interesting to see how every time when the price goes up we see exaggerated predictions based on nothing and as soon as starts to fall there start threads about Bitcoin being dead. Let's see what will happen this time.

[Slow death]

We are all excited that bitcoin started moving forward again. Let's have some discussion here how far bitcoin will go this time.
Come up with your prediction, date when will it reach there and of course with a reason why you think it will reach that point.

$10,000 before end of year
I will keep it quite less until some countries come up with their actual stand on cryptocurrencies. As it will highly impact the market and push it to a new level or pull it to a new low.

I believe we will see the $ 20,000 price at the beginning of 2021. And the reason I believe we will see the price of $20.000 at the beginning of 2021 is because of this:

Bitcoin Block Reward Halving Countdown

people are buying early to hold

[SM23031997]

We are all excited that bitcoin started moving forward again. Let's have some discussion here how far bitcoin will go this time.
Come up with your prediction, date when will it reach there and of course with a reason why you think it will reach that point.

$10,000 before end of year
I will keep it quite less until some countries come up with their actual stand on cryptocurrencies. As it will highly impact the market and push it to a new level or pull it to a new low.

I believe we will see the $ 20,000 price at the beginning of 2021. And the reason I believe we will see the price of $20.000 at the beginning of 2021 is because of this:

Bitcoin Block Reward Halving Countdown

people are buying early to hold

It can pump it more than you think as bitcoin halving is not a small event and possibly help trigger a new high.

[SARA ISLAM]

Technically I see strong resistance at 6500$ to 6800$ so be careful if you entering the market, It's just my thinking trade at your own risk 

[elisabetheva]

Well i think this month the price will go over 6000$ and until end of year i think the price will be over 10000$, until then we can only hold and trade and get more if possible.

It can be that what you predict can happen correctly, but I strongly believe that what happened and the movement of bitcoin is almost the same as what happened in 2017.
we see if the end of this month can break more than $ 9K, then events in 2017 will return. then it's the best time to buy and invest until the end of this year.

[coinplus]

The reasonable number would be around 5 to 10 trillion dollars in market cap, those are the highest numbers in most of the worlds biggest stock markets cap so it would make sense if the crypto currency matches the stock market one day. I am not saying it will go there soon or it will ever reach there or even will not pass that, anything could happen in crypto world and I wouldn't be shocked.

Nevertheless, those numbers are reasonable and not supernatural, they could be achieved and nobody will say it deserves to be higher or lower since it is at what it suppose to be. Which means one bitcoin should worth around 250 thousand dollars to 500 thousand dollars, will it happen this time? I don't think so but its not a race so we should be reaching there one day or another.

[Shinpako09]

$10k to $15k is the most realistic price that btc could reach this year. I believe next year will begin the real hype that will make btc into our locals news again, when the price started to gain massive. But we don't know what were going to happen along the way because our expectation sometimes never met.

[suzanne5223]

12k by end of this year.
20k one year from now.
75k by end of 2020.
100k two years from now.
250k by end of 2021.
Fall to 25-50k by 2022.

Alternatively, there is the hypothesis of a five-year cycle.
Although the halvening happens each four years, a five-year cycle would imply in a more smooth increase, and a smaller bear market in turn. For a five-year cycle, we would reach 100k by end of 2021, 250k by end of 2022 and 1 million by end of 2027, in which point I think it would stabilize. I have a guess that some exchanges want this to happen, as it would bring more adoption of bitcoin as a currency, and not just as a speculative asset. Also, 2027 follow Casares prediction. This gives plenty of time for LN to develop and increase bitcoin use for retail markets.

I agreed with your number one prediction because the crypto market seems to maintain the surge in price momentum for weeks but saying the price to bitcoin will be 20K in one year from now is something I dont agree with for the bitcoin halving will already blaze the price to market to another ATH by then.
Concern the OP, no one can really know when the price of the market will cliche some certain price.

[LUCKMCFLY]

We are all excited that bitcoin started moving forward again. Let's have some discussion here how far bitcoin will go this time.
Come up with your prediction, date when will it reach there and of course with a reason why you think it will reach that point.

$10,000 before end of year
I will keep it quite less until some countries come up with their actual stand on cryptocurrencies. As it will highly impact the market and push it to a new level or pull it to a new low.

This year is very likely to reach $ 10k, I see it feasible, we carry the second quarter and we go for more than $ 6K, that means that the market is moving very fast, of course, the movements that have originated have been very good considering that even the accumulation stage is still in force, by the end of 2019 it may rise to these levels because the demand for gifts and preparations for December always, people use more bitcoin and especially the demand in DeepWeb increases.

So, taking these considerations, there may be many ups and downs, since the volatility in the market accumulation stage tends to be much more radical, and can be seen in surprising movements of increasing a lot and falling a lot, even at levels that are lower than the previous support , that is why, when a good time remains stabilized in price, suppose it stays at $ 6k, it is beneficial because if it keeps rising and they want to lower it, in $ 6k it could have formed a liquidity zone that can withstand the bearish shock , for my way of seeing can be up to $ 9k maximum I do not think that there will be this year.

[perla]

12k by end of this year.
20k one year from now.
75k by end of 2020.
100k two years from now.
250k by end of 2021.
Fall to 25-50k by 2022.

Alternatively, there is the hypothesis of a five-year cycle.
Although the halvening happens each four years, a five-year cycle would imply in a more smooth increase, and a smaller bear market in turn. For a five-year cycle, we would reach 100k by end of 2021, 250k by end of 2022 and 1 million by end of 2027, in which point I think it would stabilize. I have a guess that some exchanges want this to happen, as it would bring more adoption of bitcoin as a currency, and not just as a speculative asset. Also, 2027 follow Casares prediction. This gives plenty of time for LN to develop and increase bitcoin use for retail markets.

I agreed with your number one prediction because the crypto market seems to maintain the surge in price momentum for weeks but saying the price to bitcoin will be 20K in one year from now is something I dont agree with for the bitcoin halving will already blaze the price to market to another ATH by then.
Concern the OP, no one can really know when the price of the market will cliche some certain price.

I think that hypothesis can be a benchmark, maybe if someone really trust with his investment, he will make a target in where his investment will go. And if that hypothesis really can be happen, i will make it as pray and hope can realized.

[Cherylstar86]

12k by end of this year.
20k one year from now.
75k by end of 2020.
100k two years from now.
250k by end of 2021.
Fall to 25-50k by 2022.

Alternatively, there is the hypothesis of a five-year cycle.
Although the halvening happens each four years, a five-year cycle would imply in a more smooth increase, and a smaller bear market in turn. For a five-year cycle, we would reach 100k by end of 2021, 250k by end of 2022 and 1 million by end of 2027, in which point I think it would stabilize. I have a guess that some exchanges want this to happen, as it would bring more adoption of bitcoin as a currency, and not just as a speculative asset. Also, 2027 follow Casares prediction. This gives plenty of time for LN to develop and increase bitcoin use for retail markets.

I agreed with your number one prediction because the crypto market seems to maintain the surge in price momentum for weeks but saying the price to bitcoin will be 20K in one year from now is something I dont agree with for the bitcoin halving will already blaze the price to market to another ATH by then.
Concern the OP, no one can really know when the price of the market will cliche some certain price.

  Speculating the market future is hard to determine as it has carrying high volatilization. Recently, we are witnessing a gradual pump and rising progression of bitcoin's value, a good sign to look forward its bountiful outcome will exceed in the future. Let us just optimism and positive on what would be the conclusion. And I am confident to take the consequences and preferably continue to resemble this asset as long as I can.

[JohnBitCo]

$10k to $15k is the most realistic price that btc could reach this year. I believe next year will begin the real hype that will make btc into our locals news again, when the price started to gain massive. But we don't know what were going to happen along the way because our expectation sometimes never met.

We should not be over excited by the current bitcoin pump because there is some manipulation going on. In the midterm to long term bitcoin will stable near 10,000$ by this year end. If it manages to develop a strong support on 10,000$, then it will be very good for bitcoin to reach 30-50K USD near halving in 2020.

[traderethereum]

Finally, bitcoin price now can break $7,000 and even higher than that number, and that makes me amaze because bitcoin can reach that number in a short time.
We will see the price reaching the higher price in this month or before end of this month and maybe the price will be $10,000 in the next month
It's no problem if we have a prediction price, but we need to be careful when we want to spread our analysis to the public because maybe there are people who don't like you and he is trying to give a negative story of you.

[600watt]

boyz, btc @ $7400 right now.


my best case scenario for end of this year was $6000. OP wrote about reaching $10000 end of year.  right now it feels like as if btc price would reach that level next week. 

[tukagero]

Btc price keeps on soaring and i could see 8000$ by tomorrow. Btc gained 1k$ everyday and if this continue to happen , i guess before this month ends bitcoin price will be nearly going back to 20,000$.

[SM23031997]

Great to see bitcoin passed 7.4k today. I'm kinda looking to revise my prediction like everyone but I'll love to stick to that until it passes 10k mark.

[jakelyson]

I also think that before the year ends bitcoin will be above 10K. It is the next resistance. I just do not know if 6 months is enough to break that resistance. Bitcoin always slides when it pumps hard, so I am expecting a dump anytime soon. THen it will start to move back up to 10K.

[hotpassion]

I think bitcoin will keep rising to 9.6k -10k then it will pullback to 8k or so then it will begin increase again to 16k by October.