Correct and Upcoming Price Prediction

[el kaka22]

There is a huge difference between 10 thousand dollar value and 250 thousand dollars. I mean we are talking about x25 right now if we reach that high and that sounds a bit difficult to hit.

There are many experts seeing bitcoin market cap at 250k each bitcoin because that would be equal to some of the biggest marketcaps and they think it can rival with the biggest ones but can't be bigger than others. That is why 250k if it happens would be the max it can hit without inflation kicking it further above with others, which means it should not be reaching there for a little more while. I still think its unlikely and just because he was right once means he would be right again but at the same time I believe there is a possibility of it happening eventually.

[tenakha]

I am also interested in the views of experts, but I use it only to broaden my view. When come to the future of price, my own thought is always on top. There are so many experts... and the likelihood of one of these ideas being true is as many as they are. If you keep watching him, you will see that he also make mistakes, and that is boring. Because instead of looking for the right in yourself, you will look for someone else.

[guoyu78]

What time frame is he speculating for bitcoin to reach the value, if the time frame is reasonable, then I dint doubt it, we don’t even need anyone’s opinion before we know that bitcoin will one day reach such value and above because of its finite supply, come 10 years’ time, all these value we are seeing presently will be the lowest value that we will ever see these coins have in some years to come, with more development that is come along their way.

Three years ago, many people also predicted that bitcoin will get to $10k, and I have even see people predict them of bitcoin surging up to $13500. Anyone that knows bitcoin very well and its concept, they will know that bitcoin has all the potential to even get to $500,000, but that will be with some certain condition too such as full blown adoption and many more.

[BitHodler]

There is a huge difference between 10 thousand dollar value and 250 thousand dollars. I mean we are talking about x25 right now if we reach that high and that sounds a bit difficult to hit.

It's a bit over the top, but during a bull/fomo run the low supply of Bitcoin is helping it to reach levels you don't think are possible to be hit. I have seen how dry the order books were during the 2017 bull run.

In order to buy a few hundred coins at once you needed to buy the price up by 5%. I also remember having seen the local exchanging services here were out of coins and offered people 10% over spot out of desperation.

In 2017 the price peaked at $20k but it could have gone well past $30-40k too, and maybe more if exchanges didn't need weeks to process verification requests. Bitcoin can do crazy things.

[killerfrost]

Now price prediction does not work as well. But we can predict because crypto worker can be done anything also prediction. People do not know about the market, so prediction can be wrong or right. You should not depend on price prediction.

[Nellayar]

Never heard of Tim draper guess am not a big fan of price prediction. Mostly newbies are freaked about price analysis(bunch of nerds with a chalk and a board drawing charts). Price analysis is more to me like a wild guess or instinctive urge. If you notice by now when ever there is a trigger to the price it could be upward or downward in continues in that trend until there is a counter reaction.
Get to know the trend, listen to news, read article and then the next action to take would be clearer

Definitely, I agree. All of us here can make predictions yet, there is no accuracy. Even veteran or newbie is predicting prices in market. However, they cannot really predict the price. That is why, it is said to be predictions. However, as of now we can see that the price of bitcoin wants to break the highs. And I think it would go more above 15K dollars before September comes on.

[Kiefner]

No, I don't trust that kind of talk. Forecasts are always just a poke in the sky. Just a guessing game. So don't believe it. You need to build your own forecasts and stick to them.

[ExFrozze]

predictions can be made several years later, with luck predictions coming, but not all predictions go smoothly, is it good to make a strategy that works with existing trading methods

[MidnightWolf]

It seems to me that lately it is becoming more and more difficult to analyze and predict.  Of course, if you look at the parameters of Bitcoin, you can still say something here, but for all cryptocurrencies, this approach does not work.  coins from my portfolio still does not show any results, although Technical Analysis has promised a lot.

[justdimin]

Bitcoin will reach to 20k this year for sure if not it will reach there before the halving happens. I mean we are already bullish right now and we are nowhere near that halving so that means on top of the current bull run we are having there will be a bull run of halving plus the miners will stop selling for their current price and will sell for higher and you combine all of this to tell me it won't reach 20k?

I would say that is damn interesting, some huge rich whale must sell like a billion bitcoins just to keep us here, it has happened before and I am sure it will happen again some day but as long as that doesn't happen and we are just on our regular market then I am 99% sure bitcoin will reach and go beyond 20 thousand dollar levels once again and break the all time high record.

[Seeker#9]

Cryptocurrencies,I believe, are unpredictable and most of these personalites that predicts the future prices are just publicity-seekers. Others have possessed big amount of bitcoin and wants the price to go up like they wished so they make predictionsto boost the price up. During 2017 bullrun, some predicted that bitcoin will go up to $30k by the year end but this never happened. This year's prediction is from $25k to $100k, but no one can exactly predict what the price will be in this year end.

[fullhdpixel]

The possibility of one to give a correct price prediction because of the volatility know for the market of cryptocurrency. Most prediction which where made in the past never prove correct and some were partially correct. Am not good in prediction rather but will like to predict that, the price of coins be 23% at lest rise in the forthcoming weeks and this may apply in multiplication to the prediction.

Most of the Predictions we see, especially in cryptocurrency is just like a game of luck in gambling game, and no one can really predict any price of crypto accurately, we can only have little clue to assist in predicting something within the range which is usually the technical analysis, and maybe some fundamental analysis.

I usually get amazed when I hear that there are group of people that gives signals on cryptocurrency, and I wonder if they are using anything diabolical for vision because I don’t see it so easy to predict, and not even the greatest analyst we have. I have even seem so many predictions form some of these top celebrities who are also financial analyst, and you could so much vouch for them, but later, bitcoin virtually does the opposite of whatever they predict.

[Reid]

Man, it is a prediction. Will you really believe in it. The word says it all.
It cannot be that much accurate.
I can say now that it will go $50k and it might will but I dont really know when.

You should only live for now. Get those bitcoins and store as much as you can if you really think it will go up in value in the near future.
That is all you can do for now if you really have great trust in its technology.

[fiomcorka]

Guys, this is interesting.

3 years ago Tim Draper predicted Bitcoin at $10,000. 1 year ago he said, bitcoin to hit $250,000

Do you trust such moments?

That's the correct 3-year old interview:

https://blog.bitireland.ie/Video/confirmed-3-year-old-price-prediction

That's the latest prediction (from a party):

https://blog.bitireland.ie/Video/bitcoin-25k-22

Everyone will come out and say whatever they want just so they can be on the news. He’s not the first that has made predictions before, I have seen a lot of them so called experts that would come out and say one thing other and the public will start believing them but at the end of it all it’s not going to be what they said will happen that is going to happen, it’ will just end up vein being something else. I do know that there are lots of people that believes that the price will get that high, maybe it’s not going to be anytime soon.

[TheBusstop]

if you follow predictions and crypto bloggers, you will loose. if you are not good in trading, go and learn and do your anaylsis your self. chance that you will loose your funds easily if you have to follow bloggers. No body is perfect in this crypto market. they all are predicting. know this. Man kind is greedy. there is always sentiments no matter what. don't much of their prediction.

[semobo]

Guys, this is interesting.

3 years ago Tim Draper predicted Bitcoin at $10,000. 1 year ago he said, bitcoin to hit $250,000

Do you trust such moments?

That's the correct 3-year old interview:

https://blog.bitireland.ie/Video/confirmed-3-year-old-price-prediction

That's the latest prediction (from a party):

https://blog.bitireland.ie/Video/bitcoin-25k-22

in all the time we need to make the right decisions only because in the future we cannot predict something to be what is going on so if we do the proper things now it will be reflected after some months so if the value going up then it always good for ourselves otherwise if something was not good also we need to wait for the right time.

[dark08]

No one can predict bitcoin price because of its volatility everything can be change even without a good news or bad news dont rely on other prediction its better to do research and make your own analysis because of that you will not blame others if the prediction is wrong. In the long run Bitcoin is a good investment although you must be aware on the amount of your investment like what I said the price of bitcoin is unpredictable.

[yvesp110]

Cryptocurrencies,I believe, are unpredictable and most of these personalites that predicts the future prices are just publicity-seekers. Others have possessed big amount of bitcoin and wants the price to go up like they wished so they make predictionsto boost the price up. During 2017 bullrun, some predicted that bitcoin will go up to $30k by the year end but this never happened. This year's prediction is from $25k to $100k, but no one can exactly predict what the price will be in this year end.

Very right! What I believe is that it is not very possible to predict and quote the exact price rise of a coin in question. It is not determined just by one factor in the market and by many more as well. Despite price prediction, focus on the price rise opportunity and invest in the coin that you think could give back some good returns. I think Bitcoin is something to look at.

[777Jolami]

Price Prediction is a part of the market based on the factors evaluated at some point. Price Prediction is an abstraction and brings more excitement and optimism for each person in the market. That helps us gain more confidence. Accurate Price Prediction will be meaningless if there is emotion in the transaction. and according to me, should not be abused and governed by price predictions in trade.

[redsun114]

It just a coincidence that the prediction is correct, anyone can guess and speculate freely but in the end no one could predict it precisely, its good though if people got a high expectation and could bring more positive rising, and hopefully the prediction could bring more people to used or to trade crypto

By the time ten thousand bitcoin users guess different prices, at least one must always match at every point, and that is just the method, because there is no analysis they can do that will be different from those other people who are good at analyzing crypto, and despite how good they are, they cannot specifically guess any value accurately, everything is just speculation that we have all been doing.

The moment people witnessed the bull run of bitcoin, they already have the knowledge of what bitcoin is capable of achieving, and predicting bitcoin to be $10,000 is not new, and many people already knew we would definitely achieve that, and even this $250k predicted, it will certainly happen, but not soon, it will be in near future, when bitcoin supply is becoming very little while demand becomes higher.