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

[Taskford]

It's just a analysis and anyone even not expert could say that and yet there's no strong factors that can shoot to to see if those one is reliable, that's why we need to focus for today since think about this we are struggling to reach at $10k   how much more for that huge figure.

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[bluebit25]

You can make hundreds of predictions about Bitcoin, but you should give specific timelines so we can look into it. The price of bitcoin will certainly go up to $ 80000, but it will not go up this year. We may need to wait for the next 5-7 years for it to conquer this price. Currently the price of bitcoin is only $ 8400 so to increase to $ 8000 is impossible

[watergold]

It's just a analysis and anyone even not expert could say that and yet there's no strong factors that can shoot to to see if those one is reliable, that's why we need to focus for today since think about this we are struggling to reach at $10k   how much more for that huge figure.

There is no strong factor to touch that price even I don't even think about it at all, we only need to remember bitcoin everyday because our trade is not long-term but we will live every day no matter how much profit I will take.
We need to predict bitcoin in the next 1 month so I think there will be an exact one because their analysis of akuta is not a long time but a short term.
Look at the market being green maybe next month bitcoin will soon touch $ 10k.

[puremage111]

My call would be 40,000 after halvening
$80,000 seems possible but for next peak its kinda overbullish imo
It would create huge dump if we were to pump to $80,000 in less than 10 months time

[criket]

My call would be 40,000 after halvening
$80,000 seems possible but for next peak its kinda overbullish imo
It would create huge dump if we were to pump to $80,000 in less than 10 months time

I can say that is very difficult to achieve. look at the current price conditions, for pumping soon and market conditions like this however the conditions and the large market demand will remain difficult. not pessimistic but we must think realistically based on current and future market conditions.

[uray]

when will this be coming to happen?$80k is what all we waiting for and there is no doubt that we are coming that direction,the only problem is how much time we need to wait before this become reality?

You cannot have a set date on these sort of huge rallies, analyst will not specifically say when the rally will happen and anyone can speculate these valuation, i am not greedy enough to see the valuation anytime soon but i am waiting to see the price reaching its all time high valuation once again .

[Silberman]

It would be nice to see at least $10k now, and then at least $20k, so when Bitcoin reaches $20k, you can think of $80k.

Reaching 20k is going to be by far the biggest indication that we can reach an even higher price, many people are going to sell their coins at that point thinking the price will crash and then they will want to buy the dip but if that price can be maintained then the price will surely skyrocket, I do not know what kind of price it is going to be reached but most likely it will be something close to 50k or 60k and many of the people of the forum that have been holding their coins for years are finally going to get the rewards they deserve for their patience.

[WannaCry]

there's a lot of analysis/ speculations about bitcoin how much will be the highest price for bitcoin when it reaches its ATH.. we all now that no one can predict the market price. even those expert analyst they might get wrong

[fullhdpixel]

there's a lot of analysis/ speculations about bitcoin how much will be the highest price for bitcoin when it reaches its ATH.. we all now that no one can predict the market price. even those expert analyst they might get wrong

Every individual have his/her own predictions and we can't restrict anyone to predict the future price so let them continue and we should continue making our own research and making our own predictions. What I think is that it might get riskier to trust anyone else's predictions because most of the people are placing higher predicted prices which might not even be possible for bitcoins to cross.

If we compare the price of bitcoins from the year 2009 when they were launched, they are up by almost 9000% which might place an number in front of our minds that bitcoins would cross at least 9000% from the current price in coming 5 to 6 years. In coming 10 to 15 years, we might surely see much huge price for bitcoins but it is hard to say about this or the coming month.

[bitgolden]

A lot of associations or great personality individuals are predicting such huge figures for bitcoins but it might not be the case. Bitcoins are not any magical commodity which would instantly make you rich by gaining such huge demand in a year or maybe two. There would be huge price for bitcoins but not that huge as the predictions are been rumored.

What I feel is bitcoins might cross the All Time High peak and can settle onto $25000 in case bull runs arrive. Predicting price above this figure would just come out of your greedy mind and nothing else. There are no strong evidences that the price would cross such high limits. Even $50,000 might never be an easy task for bitcoins to reach onto.

[Anonylz]

This are mare speculations and people are free to speculate and predict price, in the end, the market will determine the direction of price, before btc hit the ATH of 20k back in 2017, i don't know maybe there was any Analyst who already predict btc would hit that price, but some how it did,
who knows may be among the many predictions made by different analyst about btc, we will see one becomes the new ATH, btc halving is fast approaching, so the expectations are high, people are anxious about what could happen, and i am also very positive btc will go very high but not certain till will touch the ATH predicted by many analyst,
market can do the unexpected.

[Driggers95]

there's a lot of analysis/ speculations about bitcoin how much will be the highest price for bitcoin when it reaches its ATH.. we all now that no one can predict the market price. even those expert analyst they might get wrong

I believe that no forecast can be mandatory and completely believable, because this is just the opinion of experts based on their analysis of the current market situation.  Cryptocurrency users perceive any forecast as much as authoritative is the source and nothing more.

Yes, analysts are also bitcoin investors and they make a good analysis of their investment for sure, why can they lose faith in their investment? Besides, analysts always focus on the best views in the market, they look very far and very far, ignoring all the bad factors that can happen, for their predictions, the reference level is low, even unreliable. We should proactively discuss with the groups we are participating in, stand at a close look and appropriate goals, it will help us better, instead of the information in the newspapers.

[Bitze]

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

the word guarantee should never be used in this context. guarantee you can only guarantee that nobody can guarantee anything.
it constantly suggests to new people that nothing can go wrong now and certainly entices many people to get into debt.
and if everything turns out differently than expected this can lead to real problems. so better be careful with such statements.

[stomachgrowls]

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

the word guarantee should never be used in this context. guarantee you can only guarantee that nobody can guarantee anything.
it constantly suggests to new people that nothing can go wrong now and certainly entices many people to get into debt.
and if everything turns out differently than expected this can lead to real problems. so better be careful with such statements.

Only fools would be enough to believe on the word "guarantee" yet it doesnt fit out here on cryptospace even on Bitcoin which most do believe on.

Peaking on  80k usd? Its better to be realistic or to mention on reaching first the ATH before talking on prices beyond that boundary.Yes, we are heading

on halving event but i dont see the trigger for it to moon.Well, price do increase but not to those kind of extents.

[SquallLeonhart]

All these kinds of huge predictions are not helping bitcoin, in fact it is hurting it more than it is helping actually. I had a friend who wanted to get into bitcoin when the price was at around peak times and he bought bitcoin because he saw the price going up, of course after the peak the price went down and he sold and now he is not interested in bitcoin ever again, that is the kind of thing we need to stay away from if possible.

With these kinds of predictions people believe them for a while and buy bitcoin, seeing it not going to 80k they eventually sell it and never come back, that is why we need to refrain from making absurd predictions since people may actually end up believing them and to be honest it never comes out true, 80k is just way too much for it to happen.

[Kelvinid]

That was beautiful but wondering what it brings Bitcoin to that level and might be thinking also if there is someone could afford to risk/buy that time. Because if that happens, I doubt if those casual investors will still buy Bitcoin at that price, it is certainly not and can't afford either.

We can't close to that chances but away from reality, honestly. I know we don't need that price, $80k? Only we need to have a sustainable market that would give us a profit and not worry that after buying such an expensive price will dump drastically. If I could see Bitcoin reaches to $20k, I'll be happy satisfied already...

[Omega Weapon]

I think many of those people are doing those predictions to bring attention to themselves, we know that  bitcoin is going to eventually reach some spectacular prices, we all know it, but they are making those statements so in the case they happen to be right they can get the glory and say they were the ones to perfectly call the top of the price and the moment it happened and gain fame and a lot of money when they do this if they happen to be right.

[hahay]

'Only'? 80k is a fantastic value, no matter how much they say because after achieving ATH, a dump will inevitably happen that doesn't look good and will make a bad judgment for bitcoin itself. I don't think we need to want a high price just for a momentary profit, because the most important thing is to have a more stable value so that large adoption can be done, so that bitcoin will be more beneficial than just having a high value it will only benefit some people or any group there.

[jossiel]

I don't think we need to want a high price just for a momentary profit

We want to have a higher price so that we can take profits out of it. This is the reality that everybody wants and that's why these high predictions are coming out of nowhere and a stranger becomes an expert and an analysts.

because the most important thing is to have a more stable value so that large adoption can be done, so that bitcoin will be more beneficial than just having a high value it will only benefit some people or any group there.

Bitcoin will never have a stable value, it's volatile and that will make the price unstable from time to time. We might use the term stable for some reasons like being stable at the price range of $10k - $11k, somehow like that but price will never stay on that range forever.

[KTChampions]

If bitcoin reaches a price of $ 80,000, the daily income of miners will be approximately $ 72 million. This is after a halving!
In annual terms, this is 26 billion dollars.
I believe that these are absolutely unrealistic numbers when taking into account the level of bitcoin acceptance at the moment.
If we calculate the average transaction price at such costs, we will see that it is very inefficient.
To achieve these levels, bitcoin needs serious technical improvements plus mass adoption.