Bitcoin may hit 27K USD in the next 180 days!

[jhonjhon]

It is okay to be optimistic but $27,000 in 6 months is quite impossible most especially that halving is around the corner and the price may drop. I know bitcoin can skyrocket anytime or without us expecting it but I just don't feel like buying these predictions because it is very frustrating when the time comes and the price isn't the price we are expecting.

[1714836563]

1714836563

[AakZaki]

I’m not sure about the next 180 days but BTC will definitely go past $27,000 before 2022.

Feel free to quote me

I'm also not sure for the next 180 days the price of Bitcoin will reach $27,000.  Recalling the history in 2016 on the previous halving.
The price of bitcoin does not seem to be able to reach the highest resistance point at the previous ATH in June 2020.

If the highest increase in Bitcoin occurs in June I predict the price of Bitcoin is still around $18,700 before finally experiencing a decline, and then there will be another increase at the end of 2020 as happened in 2017.

[JohnBitCo]

Tom Lee the Managing Partner at Fundstrat Global Advisors predicted that Bitcoin can reach to 27K USD within 180 days! 180 days means 6 months, so, within July Bitcoin price can hit 27K USD! I am very optimistic with this prediction, this really makes sense! After the Bitcoin halving in May, BTC price may have bullish run to hit 27K USD. What do you think about it?

News source: https://cryptopotato.com/bitcoin-price-could-reach-27000-in-180-days-according-to-tom-lee/

I think this is too soon and bitcoin will not cross all time high until December this year. Also once it cross 27000$, it will not stop and will reach the physiological mark of 50,000$ before dumping hard from there.

[cryptoaddictchie]

Everyone seems to be bullish with the Bitcoin halving on May but is this too early? I wanted btc to grow too as my asset will have good value but considering the timeframe I feel we can't be in that price in the month of July. We need 3x value of our current market cap now to be able to reach this level. 

Tom Lee is indeed famous but every famous guy has their own prediction even the great Mcafee has his own though its just a total shitty shill and out of proportion.

Will see in 6 months, then if it happened I'll be back again on this thread.

[Natalim]

After I witnessed the last bull run, I would not underestimate any prediction like this as anything could happen and $27K is a realistic target.

This is what happen in 2017

From $900 to $20,000: Bitcoin’s Historic 2017 Price Run Revisited

Everything can happen and since there's halving before that prediction chances are there to make it come true, though there's still lots of
possibilities that can influence whatever direction this market will proceed, believing and holding to see the outcome may bring huge benefits.

There's only huge benefit if there is a real bull run that will happen this year.
If Bitcoin will rise to $15,000 let's say before the halving, I guess everyone should already take the opportunity to sell and don't wait for a new ATH as possibly a dump is likely to follow, this is just for people who like to ensure they'll be profitable following the halving schedule's hype but for those risk how trust the long term movement, it's still right to hold since bitcoin always rise when theirs a demand happens even if its just an artificial demand.

[nicolas1979]

Optimist is fine but depend on what and calculation is not clearly enough. Tom Lee use his fundamental method to analyze bitcoin halving event and decide this is the trigger to up in higher price but I'm sure halving is split value in two part, in which side split can be use as indicator to raise higher value?. Fundamental must release with technical calculation and if standing alone I'm sure that is speculation. I'm not pessimist with his method but please think again because speculation is more like gambling not knowledge.

[buwaytress]

Makes about as much sense as $2k predictions did just before the 2016 halving, or as $10k predictions did in January 2017, I suppose. But also as much sense as a certain presidential candidate's 500k prediction.

Today's momentary spike to 9600++ when stock markets opened in Beijing reminds me it's still really slippery at this price (betwixt 9k and 10k). I know people say it needs to stay above 9k for a few days... it has, and at some volume too... but for me it's always that 10k level that's the decider. I'll wait for end of Feb and see how long we stay above 10k -- and how many broken attempts before that happens first.

[criza]

reaching 27k this year could lead in more investors being interested and that would make the 100k goal more doable.

It is possible, with Bitcoin's high value asset, it would attract more investors which means, that an increase in demand would trigger an increase in price. But, lets not be so greedy and take precautions after it would possibly hit a big pump.

If it were to be true, I could earn a lot of profit and invest more in the crypto world.

[davinchi]

I would like to remind everyone that miners are already profiting as it is, they would be profiting after the halving as well and maaaaybe would want to increase the price and the transaction fee a bit but there is literally no reason for stuff like 27k to happen in order to keep them happy.

Do not let the miners to decide the price of bitcoin, we would love to go up and make a profit oursleves but by wanting the miners to make a profit you are giving them too much power over bitcoin, we are a decentralized currency that should be for the people and not for certain people, by allowing miners to increase the price you are shifting the power from the market towards the miners who are actually just few people, 10 biggest mining corporations would benefit from an increase after halving then all the millions of people who will have just one time profiting instead of a continues one like miners would.