Bitcoin’s Next Peak May ‘Only’ Be $80,000, Says Analyst

[WannaCry]

its too early to predict about bitcoins next all-time high price. the market is still recovering and we are still in bearish market..  its hard to predict about the price as there a lot of whales playing their money out there

[disconnectme]

I won't call the top, this is one thing that I have learnt in the last bull run when the price touched $20k and alot of people miss the bull run. The best thing to do is to start adjusting the your stop-loss as the prce move up, so if the price keeps moving up you won't miss out on the gains

[bittraffic]

$80K isn't next to impossible though. If there is something to be hopeful for crypto is for BTC to touch the price of what was predicted by the big names in crypto like Draper who I believe says $250K. $80 is moderate a guess.

Until we all have publish all guesses and speculations to most of the bitcoin news sites, we can then bet which analyst will win before the end of 2020.

[hirngespenst]

Though it seems very high but yet Bitcoin halving can change my confusion. No one believed Bitcoin can go that high in late 2017, Bitcoin price growth not predictable perfectly! Sometimes it goes beyond our thinking. As we are in the new year and the Bitcoin halving coming, so, many analysts giving their prediction! We already saw 30K, 50K, 100K and now 80K predictions! If Bitcoin hits any of this prediction, the crypto market will be the talk of the century!

[wajik-tempe]

Though it seems very high but yet Bitcoin halving can change my confusion. No one believed Bitcoin can go that high in late 2017, Bitcoin price growth not predictable perfectly! Sometimes it goes beyond our thinking. As we are in the new year and the Bitcoin halving coming, so, many analysts giving their prediction! We already saw 30K, 50K, 100K and now 80K predictions! If Bitcoin hits any of this prediction, the crypto market will be the talk of the century!

I think everything in cryptocurrency is not predictable by many people, when people expect nothing it will become something big and right now people are expecting so much on this upcoming halving will lead to price boom, maybe the result will be reverse like the past

[princehandsome]

Though it seems very high but yet Bitcoin halving can change my confusion. No one believed Bitcoin can go that high in late 2017, Bitcoin price growth not predictable perfectly! Sometimes it goes beyond our thinking. As we are in the new year and the Bitcoin halving coming, so, many analysts giving their prediction! We already saw 30K, 50K, 100K and now 80K predictions! If Bitcoin hits any of this prediction, the crypto market will be the talk of the century!

I think everything in cryptocurrency is not predictable by many people, when people expect nothing it will become something big and right now people are expecting so much on this upcoming halving will lead to price boom, maybe the result will be reverse like the past

indeed cryptocurrency cannot be predicted and no one knows what will happen next. about halving on Bitcoin? why not because that's what awaited by many people and the result we do not know because I hope it will not be reversed like the past but will be a new result on at the price of Bitcoin.

[Reatim]

I just don't know how crazy they are when it comes to predicting these numbers in that specific day, month or year. Even John McAfee's prediction of $1 million dollars per BTC by the end of 2020 may be impossible as he is now "under pressure" of eating his d*ck live on TV!

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actually John has already back out from the deal and will not eat his private part since i think he already realized that it is impossible for this soon to predict such too much value.

and about this?80$k?well not in this year that is one thing for sure,even the effect of halving is not enough to Hit that mark ,not unless the bull market will stay until 2021 then possibilities may happen.

[Obito]

Just another bunch of claims going around when in fact no one knows what the future holds for the market. I do believe that the market will soar after the halving maybe after a year? But I don't settle for a certain price it would hit. But these people are totally different, are they excited? I feel sorry them when the market turns the opposite especially McAfee.

[pealr12]

The never ending prediction strikes again, every year weve seen prediction coming from known people and i dont think thier prediction happened. Crypto market is hard to predict , no one can tell what will happen next.

[adroitful_one]

At least this prediction at $80k is a lot more reasonable than some of the other predictions I have seen lately. It's a little less than 10x from the current price. That is actually pretty possible. While I find it hard to believe we'll see that much of a price increase during this next bull run, I also didn't think we would ever get anywhere close to $20k after we hit a low of around $200. So, I'm not even going to try and predict what the price may be this time around.

[Pelunize12]

we should realize that everyone can make their own prediction. it is not wrong for me. in other side, we can choose to believe them or not, it is not wrong too if we believe or not
I am personally happy if there is person who makes prediction, furthermore if that prediction is doing by well-known people
at least, it can make newcomer or cryptocoiner have a good hope. no matter it will happen or not

[piebeyb]

$ 80k seems very cheap in my opinion in 2021, I also bet and analyze that prices will touch above $ 100k for 2021 not in 2020, whereas this year is the year where all crypto markets to grow and recover, but many are not active traders doing so the analysis does not really know how the market is actually, for example like the prediction of the old grandfather John McAfee he is not an active trader, he did predictions just to make money, lol

note that prices will remain stable no more big dumpers have happened this year, prices will continue to be stable and could be a 3x increase from the price of the fall of bitcoin

[mu_enrico]

$ 80k seems very cheap in my opinion in 2021, I also bet and analyze that prices will touch above $ 100k for 2021 not in 2020

Holy shit... the level of optimism on this thread is unbelievable

You know right that the higher the price, the movement tends to be slower. It's easier for BTC to increase from $1 to $100 than from $1,000 to $100,000. It's called market psychology. But hey, I wish you guys good luck and don't forget to gamble responsibly.

[pajak666]

Following their impressive gains over the past week, cryptocurrency markets and Bitcoin are pulling back a little as expected. Analysts are still eyeing the next peak but some have adjusted their predictions.

Anything that surges almost 20% in less than a week needs to take a breather. This is exactly what Bitcoin is doing at the moment as it corrects to support at $8,600.

To read the full article, click here

And here goes another random figure prediction that may not happen....

I just don't know how crazy they are when it comes to predicting these numbers in that specific day, month or year. Even John McAfee's prediction of $1 million dollars per BTC by the end of 2020 may be impossible as he is now "under pressure" of eating his d*ck live on TV!

Not even halving would guarantee the claims of analysts like him that Bitcoin would "moon" for real.

Every other ATH was about 5-15x bigger than the previous cycle, so I can see where people get these ridiculous predictions from. On the other hand it takes abit more effort to 10x from 10 to 100 than it is from 10000 to 100000. Anything in the range of 30-80k seems much more realistic to me as we will need quite a bit of money from outside to reach higher levels. Households dont have these type of money spared for investing so it has to be institutional $ or some mass adoption event that will force everyone to have 0.01 btc on him for some reason. Other than that, we are sub 10k.

[Free1bitco.in]

$ 80k seems very cheap in my opinion in 2021, I also bet and analyze that prices will touch above $ 100k for 2021 not in 2020

Holy shit... the level of optimism on this thread is unbelievable

You know right that the higher the price, the movement tends to be slower. It's easier for BTC to increase from $1 to $100 than from $1,000 to $100,000. It's called market psychology. But hey, I wish you guys good luck and don't forget to gamble responsibly.

having optimistic traits is better than deploying FUD, maybe.
however, the price is predicted to reach its new ATH again by 2021, and I think the price of $ 25k is very good. I'm not really hopeful about that, however, I'm waiting for the development of ethereum and bitcoin right now, so when I feel it's worth it, I'll sell it. so far, prices above $ 20k are still limited to predictions, so take advantage of the opportunities available.

[VanDeinsberg12]

Though it seems very high but yet Bitcoin halving can change my confusion. No one believed Bitcoin can go that high in late 2017, Bitcoin price growth not predictable perfectly! Sometimes it goes beyond our thinking. As we are in the new year and the Bitcoin halving coming, so, many analysts giving their prediction! We already saw 30K, 50K, 100K and now 80K predictions! If Bitcoin hits any of this prediction, the crypto market will be the talk of the century!

People are going so crazy to predict the future of bitcoin even the ATH is not yet passed by bitcoin. Rather than try to give another feedback and isn't it better if we are seeing the fact that is happening right now, This prediction will worth to be hear when the price of bitcoin has already surpassed its old ATH. Im so crazy to hear more and more non sense prediction. 

[o48o]

These types of high price don't impress me at all, because we saw all of these high price prediction goes wrong miserably! Recently a prediction attracted me, bitcoin price may hit 35K USD in this year! In future Bitcoin price may go for 75k, 80k or 100K USD, bitcoin has this potential but not in this year!

Wasn't this about the next market cycle, not about year. Cycle can be several years for all we know. And i am way more bullish, and looking at the "realistic" bearish comments in this thread makes me think that we are going way higher. I remember under $500 there were talks about 10k price in the future and those predictions were considered as crazy.

[BChydro]

I just don't know how crazy they are when it comes to predicting these numbers in that specific day, month or year. Even John McAfee's prediction of $1 million dollars per BTC by the end of 2020 may be impossible as he is now "under pressure" of eating his d*ck live on TV!
Not even halving would guarantee the claims of analysts like him that Bitcoin would "moon" for real.

Everyone like to make a prediction and earn money doing so because these predictions are click baits to attract crypto investors and they are making money with these kind of predictions, i would be surprised if the price crosses $50k let alone $80k . There is a lot of resistance to break to reach the current all time high valuation and i have no idea when that will happen let alone these huge predictions .

[OasisDre]

The 75k - 80k per bitcoin price is still doable compare to John 'crazy' McAfee prediction of 1million $ per a bitcoin, he already rejected this predict on Twitter and many people nailed him for that, I guess too many people wants him to actually eat his d*** on live tv lol

[Divinespark]

First we need to wait for Bitcoin to surpass $ 10,000 and surpass ATH of 2017. It's too early for us to predict the market situation and the price of bitcoin can go up to $ 80000, let's think realistically for this market. We've been daydreaming too much in 2018 and 2019, and the price hasn't increased at all