Bitcoin bull push to 600k ?

[Fredomago]

Dude, you should stop spreading FUD.

It was the same type of person who was here in July 2010 (right after the slashdot article) saying it would never reach a dollar and be under $ 0.01.  And then it would drop back below $1 soon. And then it would never stay about 10, 30, 100 etc.

So you mean this will be continued raising up the price? Eh, I will agree on that side. Bitcoin price even how to dip the correction had it will recover and growing the price after bouncing you can see the resistance made. No technical analysis on this because we can consider is the unpredictable price. The best thing to do is just wait for the movement of price in the market. Remember that there is an article countdown in possible new ATH come and I believed.

The market can't give a concrete answer to whatever the amount will go ahead. There's certain things that happen along the way without any trace, it just moving back and forth the cycle continue to bring more surprises to the entire community. You need to have that courage to face any fear of losing your investment and change it up to positive approach where you are still getting chance to see progress and bounce to hype and achieved new height.

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[Leon83]

600k in the next bull-run peak seems unrealistic. Maybe in 2027? 

[ajqjjj]

Hopefully it will happen but still i believe that any huge figure analysis for future Bitcoin price is very impossible because the more the Bitcoin to become expensive to purchase is the more it will become difficult to purchase by the common small time investors which are majority in the market. Maybe if Bitcoin will become globally used as currency for direct spending then maybe huge price like $600k is possible.

It is a nice imagination for this forum, It will going to $1M all are buying the Bitcoin. Because everyone know the potential and demand of this coin. So I never accept it will going to 600k USD and further year Bitcoin will raise slowly on crypto market. The current fluctuation will affect many investors so few only accept this kind of pushes.

[TriplexXx]

It's more like Bakkt and Libra effect at the same time and now it appears the party is over. I think it will take 2-3 years for Bitcoin to reach $20k once again.

[sunsilk]

Dude, you should stop spreading FUD.

It was the same type of person who was here in July 2010 (right after the slashdot article) saying it would never reach a dollar and be under $ 0.01.  And then it would drop back below $1 soon. And then it would never stay about 10, 30, 100 etc.

That guy is a perma-bear person. He really is spreading FUD and he has received neg due to that. I wonder what he will do when the market starts to show its strength again and their lies will turn into another lie.

600k in the next bull-run peak seems unrealistic. Maybe in 2027? 

8 years from now? 2 halving to happen including the other one that will come next year. The price that op has given is unrealistic and I don't want to give the same hope that I've got since 2017.

[marky89]

What do you think of this analysis?
Everything until now (even the recent re-accumulation phase is just as planned). Can the push reach the new highs like 600k? The date says 25. May probably with libra effect included in the growth.

An extrapolation of the 2017 cycle puts it closer to $300K, but it's possible based on the magnitude of the 2013 cycle. We certainly can't rule it out. The honey badger don't care about the limits of our imagination!

[exstasie]

600k in the next bull-run peak seems unrealistic. Maybe in 2027? 

It's not unrealistic. Take a look at how far each successive bull cycle extended beyond the previous ATH (Bitstamp prices):

• 2013: $32 to $1,163 = 35.3x
• 2017: $1,163 to $19,666 = 15.9x

For whatever reason, everyone seems to assume the next cycle must be smaller than the last. As an alternative, replicating the 2013 run puts us at $694,000. Is it likely? I'm really not sure.

[wildey]

I am not so sure that Libra will bring big changes to the price of bitcoin. however, I quite believe that the price of bitcoin will go up high in 2020. Besides the development of libra, halving, and others, I also read some articles that are quite interesting today.

As said in the article I read, McAfee also predicts the high prices that can happen to bitcoin in the coming year. in fact, he predicts that prices will be in the range of $ 500,000 to $ 1 million. he even held fast to this. the reason is because of the scarcity of bitcoin which will trigger high prices. in addition, halving also makes mining more difficult. that makes sense. here' is the link to Artikel

[MI6]

I am not so sure that Libra will bring big changes to the price of bitcoin. however, I quite believe that the price of bitcoin will go up high in 2020. Besides the development of libra, halving, and others, I also read some articles that are quite interesting today.

As said in the article I read, McAfee also predicts the high prices that can happen to bitcoin in the coming year. in fact, he predicts that prices will be in the range of $ 500,000 to $ 1 million. he even held fast to this. the reason is because of the scarcity of bitcoin which will trigger high prices. in addition, halving also makes mining more difficult. that makes sense. here' is the link to Artikel

Halving only i think will already make bitcoin price increased again and then can reach new ATH. Not have analysis about it, but i just believe it will happen. Mcafee usually really can make price of coin pumped when he talk about coins, either it is true or not, his followers will believe it. And i think it is good thing because anything that can make bitcoin price increased might be good things.

[Reatim]

You are not kidding me, you just push it to $600K? That is a powerful dream, I am not sure when this is going to happen, maybe we should just concentrate first on adoption, then we can speak of this type of price growth. 

Or maybe better start first in investing,thousands are crying about the growth but don’t even bother to buy again instead continuously holding the same amount years older
Stop the PUSH things instead start doing good for crypto than waiting
Accumulate more crypto as you can not only bitcoin for the market sake and for the growth as well

[BartS]

$600k is still a dream for us bitcoin supporters and users.Just accept the fact that its even hard for bitcoin to reach $50k why would someone assume that it may push up to $600k? thats impossible in any means for now aim for the low high point then climb your way up dont talk things that yet to come

I find it kind of weird that some are speculating with such huge prices when we are nowhere close to reach the previous all time high, I could understand if people were giving these kind of predictions if we surpassed 20k and there was no signs of the price going down, but now it doesn't make sense, people need to stop thinking about such impossible price targets and instead concentrate on what it is achievable during the next months or years.