Predictions: This bull market peak price and month it will occur

[shinratensei_]

Now that we're 6+ weeks into the bull market, and most people seem to have finally realized the bull market is indeed happening right now, let's here some price predictions for the next peak before the next long bear market, and when you think it'll occur.

I'm thinking $120k - $130k.

And I had been thinking late 2021 but with the quick powerful start this first month and a half of the bull market I'm starting to think a late 2020 or early 2021 time period is more likely.

Or maybe next year we will see that but bitcoin must break ATH or it will not touch more than 20k rate. I most likely think it will be a few years after now. To gain more than a hundred thousand dollars is not an easy dude. Need more demand to create such FOMO and that will happen of there will be a lot of major institution and company interesting to use or at least try to accept bitcoin on their service. But the reocovery is really fast and i never predicted it.

[1714862499]

1714862499

[raven7886]

Now that we're 6+ weeks into the bull market, and most people seem to have finally realized the bull market is indeed happening right now, let's here some price predictions for the next peak before the next long bear market, and when you think it'll occur.

I'm thinking $120k - $130k.

And I had been thinking late 2021 but with the quick powerful start this first month and a half of the bull market I'm starting to think a late 2020 or early 2021 time period is more likely.

To get to that value, do you know the total market capitalization we will be needing for that? In this market where people are also found of always taking profits regularly, I doubt if that will be possible, the only price I think will be feasible by that 2021 will be like $50000.

We need adoption rate to really be almost 30% of the total population to be able to make that value realistic, and also large industries and financial institution to do that, and don’t also forget that the bear market is not what ends once, no matter how much people believe in bitcoin, I am sure when BTC gets to about $30,000, there would have been a major dump that will make it go low again below $10,000, and then we start another uptrend again from there.

[Genemind]

I want to see it reach $25k first by the end of the year.
If we could notice, the price increase is quite too fast but reaching $100k that easy is impossible for me.
A complete recovery is enough for me but I just want to see it boom so most people could gain a good profit again.

[magneto]

Now that we're 6+ weeks into the bull market, and most people seem to have finally realized the bull market is indeed happening right now, let's here some price predictions for the next peak before the next long bear market, and when you think it'll occur.

I'm thinking $120k - $130k.

And I had been thinking late 2021 but with the quick powerful start this first month and a half of the bull market I'm starting to think a late 2020 or early 2021 time period is more likely.

I agree with the timing. 2021 seems to be the most likely bull market peak given all the historical data we've got, because halving will have a significant impact on the scarcity of new coins, as well as a psychological impact on traders.

I'm not fully comfortable yet with predicting a price for the peak, however, because of the magnitude of the last bull market as well as the fact that this time round, prices will most likely be less prone to sudden big movements given the larger market cap.

Right now all we can be sure of is really the fact that a bull market is coming, and that we've definitely seen the bottom of the bear market already and it's extremely unlikely we'll see prices dip back to even $5-6k at this point. I'd still be accumulating since it's only been a few weeks of bullishness thus far, and there is a long way to go.

[Yamifoud]

I want to see it reach $25k first by the end of the year.
If we could notice, the price increase is quite too fast but reaching $100k that easy is impossible for me.
A complete recovery is enough for me but I just want to see it boom so most people could gain a good profit again.

We never know? Its getting crazy to see Bitcoin moves like that if ever it will happen.
The trend is too hard to understand and all are unpredictable, the trend is like a zigzag line, we will always witness ups and down which we can say that price can't be predicted where it goes.

If that so, then people will get profitable but I don't know if small market players will risk their funds into crypto cause it is really expensive.

[cryptjh]

I think that the next peak will be around $84.000 and $125.000 and will happen within the next 6 to 24 months from now, but we need to stay realistic, for the price to get up to 100k we also need people who buy at the top to believe in another and an even higher all-time high, I also think that a one million bitcoins are possible, but that will probably take a few more years.  

[Bitmagister]

The forecasts that point to the magical figure of $100k look magnificent, but I do not see a solid sustenance in them more than the desire to buy a lambo or go to the moon. One of the things I learned from the terrible bear market that lasted more than a year is that we should never waste a good opportunity to take profits, because the market has no word of honor and we already verified this in 2017, when most of crypto-enthusiast, gurus and analysts also predicted $100K in 2018, and ended up taking a huge disappointment.

I would be happy if we reach $15K in September, before a big correction below $10K between October -November this year.

[WinslowIII]

I think that the next peak will be around $84.000 and $125.000 and will happen within the next 6 to 24 months from now, but we need to stay realistic, for the price to get up to 100k we also need people who buy at the top to believe in another and an even higher all-time high, I also think that a one million bitcoins are possible, but that will probably take a few more years.  

The debt crisis is coming, there will be no shortage of people clamoring to get in when it happens. At some point, selling bitcoin at even $250k/btc will be a huge mistake. There are over 30m millionaires in the world today, do the math.

[Shinpako09]

This run is stopping me from converting my coins into fiat. I had something to buy but when I think about on how high the price can go until the end of this year makes me feel, I'd be wasting my coins if I sold it now. So i'll stop myself as long as I can and wait for the right price. Considering those high predictions is possible.

[mrdeposit]

Almost all stock prices are crashed and it scares me to see the red charts on the global financial markets. I doubt it will not affect the price of cryptocurrencies but everything is possible in this sphere.

[leowonderful]

I wouldn't be calling tops just yet as BTC pricing tends to go usually wildly above or below what people expect it to be in the future, but I definitely do see a minimum of $90K-100K reached sometime in this bull market. More and more developments are happening for Bitcoin and all of crypto as a whole, ICOs hopefully won't be as prevalent in this bull run, and adoption's also growing at a good pace at this point in time too. I'm still buying BTC with my spare money and buying major dips whenever they happen in the meantime though.

[perla]

This run is stopping me from converting my coins into fiat. I had something to buy but when I think about on how high the price can go until the end of this year makes me feel, I'd be wasting my coins if I sold it now. So i'll stop myself as long as I can and wait for the right price. Considering those high predictions is possible.

At least you did it with research. Because anything can happen in crypto. And actually i have same experience. Wait or sell my coins even it is only a little amount, but i still want something to buy even not really urgent.

[FanEagle]

I don't think we will reach 120k$ soon, but 40k$ can be reached this year if people will continue buy and also there can be some companies or whales who will buy and make the price go to that range.

I thought you were going to say next year because I am so certain that we can’t get that value this year at all, most whales have already accumulated enough for now and the ordinary new investors left to accumulate cannot put in that much now as it will also be their first try.

Only companies can assist in this area and we already know the few ones that we are expecting to drop their project this year, which will not really be enough too to opt for that price value, but I am quite certain that we may see the last ATH this year, and then from next year, we can be talking about bitcoin working towards that after the next halving that will also make people out of FOMO to start buying from whatever value the price gets on then.

[EastSound]

I don't want to burst the bubbles of all that is predicting 100k will be reachable but for me, we are not yet ready to go beyond that, If we look at the past all-time high we reach $20,000 USD mark so it will definitely go beyond maybe $40,000 USD or just $50,000 then down again to the floor of $8000 USD well if my prediction and estimation with the given price we may manage to take, Well I could be wrong but I think at the end of this year we may take $12,000 USD to $16,000 USD mark if this bull continues.

You forgot that this market is in global scale, it doesnt care about your race, location, and religion. If you look at how it pumped in 2017, it can happen also this year but possibly bigger because the amount of institutional investors joining.

Big Institutional investors have billions of dollar to invest

[Kevin77]

I think we have a strong case for going even higher, we have tried everything we can to come this far but we managed to break all the hard resistance against us and now we do not have that much resistance anymore, it gets easier the higher you get, there is less friction, just like space, it is hard to break that atmosphere barriers and all that but when you are in space even if you do not do anything it just moves, we are reaching to that point soon and we are on that road right now.

We broke all the important resistance and now all we have to do is not sell and hold even if you do not buy, there are enough buyers anyway so not all of us have to buy, we had to before we broke that 4200 levels but now we can just keep our coins and wait until the buyers literally take us to the promised lands.

[neonshium]

Now that we're 6+ weeks into the bull market, and most people seem to have finally realized the bull market is indeed happening right now, let's here some price predictions for the next peak before the next long bear market, and when you think it'll occur.

I'm thinking $120k - $130k.

And I had been thinking late 2021 but with the quick powerful start this first month and a half of the bull market I'm starting to think a late 2020 or early 2021 time period is more likely.

Do you know that there is going to be a halving in the next year 2020? I think whatever is going to happen will definitely happen this year 2019, it has already taken long. I can't remember when the halving is taking place but i think it is around March of next year.

So there is going to be a Bull run this year and after the halving I don't really know what's going to follow next, but if it will make the price to go up, then that means that the bull run will still continue and till we reach maybe $100,000 or even a bit close to that, and then it will fall back and another bear will start.

[wuvdoll]

I think June makes sense. After June there is summer and during summer months people tend to spend more money then they usually do so they might get some coins and cash them out.

Even if they are not spending it on vacation (which lets be honest most people will) they will either spend it on their vacation for some extra fun stuff or even if they haven't gone to any vacation at all they are going to spend it wherever they are going out more, during summers people leave their homes far more frequently, they tend to go to a cafe if not anything which means there is more expense during summer months.

I am not saying this will definitely happen but I am saying it is quite possible for it to happen. I think the safest choice here is to stay on cash after June, early July but of course anything could happen.

[bitgolden]

I don't want to burst the bubbles of all that is predicting 100k will be reachable but for me, we are not yet ready to go beyond that, If we look at the past all-time high we reach $20,000 USD mark so it will definitely go beyond maybe $40,000 USD or just $50,000 then down again to the floor of $8000 USD well if my prediction and estimation with the given price we may manage to take, Well I could be wrong but I think at the end of this year we may take $12,000 USD to $16,000 USD mark if this bull continues.

You forgot that this market is in global scale, it doesnt care about your race, location, and religion. If you look at how it pumped in 2017, it can happen also this year but possibly bigger because the amount of institutional investors joining.

Big Institutional investors have billions of dollar to invest

I am aware that great financial institutions are joining the market from time to time, which is why we are seeing some of the increases we are seeing, but no matter that amount of institution we get this year, irrespective of the race or location, we may not really be able to go past 50% increase of the last ATH which is about $30k.

If bitcoin was just used as store of value, we would have said it will keep increasing without pulling back, but presently, bitcoin is more useful to people as investment project, and we will always get huge profit takers at some point, the way we get the investors, I see very huge profit taking when bitcoin breaks the barrier of $20,000, I don’t see the strength of the market going above $30,000 in this next run.

[Falgorn]

I'm not so optimistic. In the next few years, the price of Bitcoin will not be able to rise to 120,000 - 130,000 dollars. And it is unlikely to ever rise to such price limits at all. The higher the price of Bitcoin will rise, the more risky it will be to invest in it. In this case, there will always appear negative information that will impede its free growth.
I think that by the end of the year 12 000 - 13 000 dollars - this will be a good price for Bitcoin. However, Bitcoin always presents us with unexpected surprises. Let's see what he prepared for us by the end of this year.