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

[Tduty]

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/

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[GuyFromBarcelona]

I am not that optimistic, but well, that would be great obviously.

What would you guys do? sell at 27k or hold to the next cycle?
reaching 27k this year could lead in more investors being interested and that would make the 100k goal more doable.

[Tduty]

I am not that optimistic, but well, that would be great obviously.

What would you guys do? sell at 27k or hold to the next cycle?
reaching 27k this year could lead in more investors being interested and that would make the 100k goal more doable.

I am very optimistic that Bitcoin may really hit 27K USD after the halving but I am afraid that it won't hold it for a long time. As you know people are still in huge loss, they would go for recovery by selling at a high price. Even I will sell if Bitcoin hit 27K USD and then I will wait for a dump to buy again. 100K USD seems daydream to me. 

[GuyFromBarcelona]

I am not that optimistic, but well, that would be great obviously.

What would you guys do? sell at 27k or hold to the next cycle?
reaching 27k this year could lead in more investors being interested and that would make the 100k goal more doable.

I am very optimistic that Bitcoin may really hit 27K USD after the halving but I am afraid that it won't hold it for a long time. As you know people are still in huge loss, they would go for recovery by selling at a high price. Even I will sell if Bitcoin hit 27K USD and then I will wait for a dump to buy again. 100K USD seems daydream to me. 

Obviously if it passes 25k it will last a breath. But that's not bad, that's very reasonable to happen. Breaking 25k would be great, breaking 25k and maintaining is asking way too much.

100k could become a bit more realistic in the long run if this time breaks 25k. If it doesn't break 20k In my opinion 100k would me almost impossible.

Since a lot of people would lose interest and hope in btc mooning again, just for the psychological thing of surpassing the last bubble. In fact reaching 22k instead of 18k is not a big difference in numbers but could make the next cycle totally different. IMO

[Sanitough]

I would be okay even in December, 

At the current price pump, it's not impossible for bitcoin to reach a new ATH this year, before and after the halving is a crucial time, though before halving is more bullish as people would love to buy due to hype, but if it can sustain after the halving, then probably we will be in a bull market that time and nothing impossible in bull run, ATH was $20K so $27K is not far to achieve.

[LFC_Bitcoin]

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

Feel free to quote me

[n0ne]

Already we've experienced $20k+ and this makes the $27k an realistic value to be reached in the short term or in the long run close to the days after halving. In what aspect the timeline is predicted to be 180 days needs to be analysed. If halving gives a big market change surely this year we'll experience a new ATH. Crossing price barries is not that simple, now the market have come close to $9500. It needs to cross more rounded price barriers before making way for a new ATH as mentioned by most users in the above quotes. Lets hope something good happens this year.

[1Referee]

Already we've experienced $20k+ and this makes the $27k an realistic value to be reached in the short term or in the long run close to the days after halving.

It looks like peanuts if you put it like that, but I'm pretty certain that it's not going to be like that. There is plenty of resistance and potential big money exit points below $20,000 that will make it a real struggle to print a new all time high. The whole dynamic of the market changes after that because you're visiting territory not visited before, and that's usually when you see the huge moves follow.

People during 2017 called the top of the next all time high every $1000 the price went up but failed until the CME market went live and we started to correct from $20,000. I can see that happen again, but the most important factor is to break that high. I honestly wouldn't even dare to call a price once we do break that high because the sky is the limit. It could peak at $50,000 or over $100,000...

I will only start securing profits once there is a clear indication of a downtrend on the weekly time frame. That means I will not sell the top, but that doesn't really matter. I rather not miss out by selling too early.

[batang_bitcoin]

Here goes to the bulls prediction. Tom Lee predicted last time but then it wasn't reached but it's okay, it's always an opinion and it's up to the readers if they'll lean on that. I'm not going to be against the prediction of $27k because it isn't that much and it's very likely to be reached.
We all want that to happen as if it's just yesterday when bitcoin reached $20k. With the factors and reasons that we have right now, the chance is very high but can't be sure about the given timeframe.

[Juggy777]

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/

@Tduty how did you beat @bbc.reporter by publishing Tom Lees news you do realise that she has the unofficial right over his news lol, anyway back to the topic I’m hoping his prediction comes true but $27k seems a bit to much in my opinion. Also I would advise you to take his predictions with a pinch of salt, because he’s does not always get them right hence do your own research before taking any decisions.

[wheelz1200]

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 dont think we X3 from here.  That's a pretty big jump.  I see 2020 as a sideways year.  A lot of profit taking will be made around the 15-20k range as people will start liquidating dead 2017 positions.  20k will be a huge barrier to break and just dont see it without a significant movement or news involving mass adoption.

[mahilchii]

This guy gives unique predictions, he's not like John McAfee. Bitcoin has already started a impressive year and most of the community members speculate this time there will be a massive pump till the end of the year.  

Halving is the big thing happening this year, that's the reason experts go with big predictions. By the way halving has historical pump before as well, still anything is unpredictable in crypto currency. Let's wait for those golden days.

[Latviand]

I am not that optimistic, but well, that would be great obviously.

What would you guys do? sell at 27k or hold to the next cycle?
reaching 27k this year could lead in more investors being interested and that would make the 100k goal more doable.

I am very optimistic that Bitcoin may really hit 27K USD after the halving but I am afraid that it won't hold it for a long time. As you know people are still in huge loss, they would go for recovery by selling at a high price. Even I will sell if Bitcoin hit 27K USD and then I will wait for a dump to buy again. 100K USD seems daydream to me. 

How sure are you guys that its market value will reach that high given how inconsistent the increase in its price? This is the problem with some investors, they are just making unrealistic assumptions just aiming to earn profit. Accept the fact that the price won't go 'boom' in a single snap. Analyze how the market behaved at the past which should serve as a lesson. My point is that, if ever the price become high, then it is normal to be happy, but to anticipate it and be disappointed is another thing. Just let the market be.

[NeuroticFish]

Tom Lee the Managing Partner at Fundstrat Global Advisors predicted that Bitcoin can reach to 27K USD within 180 days

This is interesting. The usual predictions are for publicity and the ones I've seen in the past were made to attract attention and help the businesses.
Just the businesses were usually of the type an exaggerated prediction would not hurt them.

But this time we talk about a company that seems specialized in telling others where to invest. So if Bitcoin will not have a great performance (not necessarily 27k, but still has to be more than just big) then this prediction could hurt their business.
As I said: interesting!

[The Sceptical Chymist]

What would you guys do? sell at 27k or hold to the next cycle?

I'd hold.  Bitcoin doesn't represent a huge portion of my net worth (which isn't much anyway), so I'd prefer to have fun watching the market possibly go upward from $27k than to sell and be out of the game completely.

This prediction was made to keep Tom Lee's name in the news, and that's true for pretty much all of the big names that make these kinds of statements.  But in this case, he might be right.  July is obviously a couple of months after the halving, so it is quite possible for bitcoin to get up as high as $27k.  Don't know where that number came from, but who knows.  And as I've been saying, I'd be more than satisfied if bitcoin "only" went as high as $10k-15k.

[Wilhelm]

Yes

*Assuming exponential curve theory

In 101 days the halving will come.
The halving is the lowest point on the exponential curve.

ATH is about 1/3rd into a cycle of 4 years so 1 year in. (That would be 465day from now).
ATH is expected to be $70k

So at 180 days you will be 1/5th towards the ATH.
$27k is reasonable estimate

[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

[allatrian]

Life has taught me not to be optimistic about trading. I don't deny that perhaps this will be so, but I don't think that the chances of such a price increase are now higher than usual. Over the past 3 years, I have heard many different forecasts and the market has never behaved in such a way as to correspond to any forecast. Unfortunately, forecasting is not so simple, therefore I am neutral with any forecasts of any people.

[DeathAngel]

Tom Lee pulls price predictions out of his ass, he’s always doing them & usually always wrong. I hope he’s right with this one but let’s wait & see.

[Lucius]

Tom Lee pulls price predictions out of his ass, he’s always doing them & usually always wrong. I hope he’s right with this one but let’s wait & see.

I think you hit the center of the target, Tom Lee is just trying to earn some free PR for him and the company. Personally, it would be a shame for me to even make statements after so much nonsense he has said over the years. He is just hoping that this speculation will be the right one and that people have a short-term memory, which is unfortunately true.

This is the same man who put Bitcoin and E-cigarette in the same sentence, so what is changed from September last year?

On September 11 US authorities decided to ban certain flavored e-cigarettes. This decision came after several deaths were reported that occurred due to vaping. Trump administration announced to pull most of the vaping products citing health problems and its use among teenagers in the country.
Co-founder of FSInsight and Fundstart, Thomas Lee tweeted that this administration can issue an executive order banning anything including bitcoin. However, he added that he is not expecting such action.

Is anyone so stupid to think that BTC can be banned just like that? Yes, there is one expert, I advise great caution when it comes to his advice.