Impact of Future Global Economic in Bitcoin & crypto Price in 2021

[buwaytress]

So fresh reports coming out from more places now that even the shitty forecasts for the economy everywhere are optimistic. Basically, the message is that this is going to get worse, far worse than most countries are willing to admit, before it gets better again. Most will try to soften the blow and help people through the shock but I wonder if this will be enough to break the system once and for all (I don't think it will).

My grandfather used to tell me how shitty the 1930s Great Depression was. I'm going to be some old fart telling people about the shitty 2020s. Hopefully, also the story of how I held out and thanks to bitcoin, survived the fiat fallout.

[ethereumhunter]

It is interesting to read the prediction price, but we need to wait for one year, and we cannot be sure if the price can really happen or not. I think we can prepare from now on by buying more amount of every coin that we want because we still have more time to buy. But we need to prepare if the prediction is not happening because the market can move to any price. But I am willing to wait for bitcoin price to back to that high price so that will be the biggest profit that we can get.

[davit putra]

If that is true then 2021 will be a lucky year, but I doubt that such a short time can bring bitcoin to 25k.

[bitgolden]

Yeah, this is not going to be like anything else we have faced in the world before. Think of the bubbles that happened in the past and compare them to today and you will see what is different and how hard it will be.

Just to be more precise, think of 2008, that is not really long time ago and if you are not under 20 years old, you would probably remember what that has caused, we are talking about global levels of economic crisis, some banks in New York decided to leverage mortgages and that caused Greece to bankrupt and almost Italy and Spain as well, we are talking about that big of a crash. Still, that was just miscalculations of the risks involved causing this. Right now, it is not just a crash of something, we are talking about literally all shops being closed and that will be even bigger.

[bitbunnny]

Predictions are almost always exaggerated. In 2021 the world will still probably be in recession. Also, the question is how this whole situation with virus is going to developed l and some scientists say partial lockdown in different phases might prolonge up to 2022.
So, everything this will affect cryptocurrencies market too, no doubt about it but instead of huge price rise it might happen just the opposite. So, I'm very careful with predictions.

[Lucius]

I think the 2021 year will be great year for bitcoin and Cryptocurrency
coin                  April2020           Mar2021
Bitcoin                          6800$               25000$

Bitcoin, like everything else, at one point experienced a sudden decline, but managed to return to a stable zone in a relatively short time. And all that without the help of central banks, MMF or World Bank. This speaks about the power that is based on decentralization and a system that operates on completely different principles from the financial system in the world. While the world's economies depend on the capability of their governments, Bitcoin depends only on the people who believe in it.

All analyzes show that the world will fall into recession, and that it will be much worse than in 2008. Accordingly, things have to be viewed from that angle, which actually means that life will be more difficult than it used to be, and that people will be much more careful with their money. Does this mean that people will invest less in cryptocurrency? Probably yes, but for the reason that we have BTC halving this year, some will still risk some money hoping for a 2017 reprise.

However, I would not agree that the BTC price will reach $25k a year from today, because that implies a new bull run earlier than with the previous two halvings. I would personally be happy if the price is anywhere between $10k and $15k early next year, which could then be a very good starting position for the new bull run in Q3/Q4 2021.

Of course, unless we have a new pandemic or anything of that magnitude.

[mahilchii]

I guess there might an impact on the future economy of crypto in 2021 because the market needs more time from now as it looks extremely volatile, predictions don't favour us everytime it's like a rare instances.

As COVID-19 has already bombarded the entire globe I think it will take some time for crypto to recover from this trend. I wish next year should be a memorable year for crypto.

[Spaffin]

All analyzes show that the world will fall into recession, and that it will be much worse than in 2008. Accordingly, things have to be viewed from that angle, which actually means that life will be more difficult than it used to be, and that people will be much more careful with their money. Does this mean that people will invest less in cryptocurrency? Probably yes, but for the reason that we have BTC halving this year, some will still risk some money hoping for a 2017 reprise.

However, I would not agree that the BTC price will reach $25k a year from today, because that implies a new bull run earlier than with the previous two halvings. I would personally be happy if the price is anywhere between $10k and $15k early next year, which could then be a very good starting position for the new bull run in Q3/Q4 2021.

Of course, unless we have a new pandemic or anything of that magnitude.

It is a pity that the cryptocurrency market is constantly manipulated by large whales and speculators, otherwise the cryptocurrencies would very quickly begin to be used by society in everyday life.  The world economy is already in poor condition, and in connection with the pandemic, the situation will worsen even more, which means that the government will manually manage the economy and financial turnover, which will necessarily lead to information.  The value of fiat will fall even more, and since the value of cryptocurrency depends on people, it would be great if cryptocurrencies began to crowd out fiat money.

[amirheavy666]

I think the 2021 year will be great year for bitcoin and Cryptocurrency

because the World Economic will have very bad status in end of 2020 and 2021 with this impact of Corona and other thing

I read some paper that said America and China just can recover their Economic recovery  at least in next 1 year in America and 2-3 Year in China

so it is my predict of price ...do you agree? get have a discussion about my idea  

coin                  April2020           Mar2021

Bitcoin                          6800$               25000$
Ethereum                      155$                 600$
XRP                              0.18$                0.5$
Bitcoin Cash                  230$                 1200$
Bitcoin SV                     185$                 600$
Litecoin                         42$                  200$
EOS                              2.5$                 15$
Binance Coin                 13.85$              100$
Tezos                           1.95$                12$
Cardano                       0.033$               0.05$
TRON                           0.012$              15$
Ethereum Classic          5.26$                25$
Neo                             7.25$                24$
IOTA                            0.15$               0.56$
Cosmos                        2.29$               10$
Zcash                           36.15$             150$
NEM                             0.036$             1$
Ontology                      0.4$                 2$

Do you remember this my post... just now see ! we are in March 2021!

[Wilhelm]

I think the 2021 year will be great year for bitcoin and Cryptocurrency

because the World Economic will have very bad status in end of 2020 and 2021 with this impact of Corona and other thing

I read some paper that said America and China just can recover their Economic recovery  at least in next 1 year in America and 2-3 Year in China

so it is my predict of price ...do you agree? get have a discussion about my idea  

coin                  April2020           Mar2021

Bitcoin                          6800$               25000$
Ethereum                      155$                 600$
XRP                              0.18$                0.5$
Bitcoin Cash                  230$                 1200$
Bitcoin SV                     185$                 600$
Litecoin                         42$                  200$
EOS                              2.5$                 15$
Binance Coin                 13.85$              100$
Tezos                           1.95$                12$
Cardano                       0.033$               0.05$
TRON                           0.012$              15$
Ethereum Classic          5.26$                25$
Neo                             7.25$                24$
IOTA                            0.15$               0.56$
Cosmos                        2.29$               10$
Zcash                           36.15$             150$
NEM                             0.036$             1$
Ontology                      0.4$                 2$

Do you remember this my post... just now see ! we are in March 2021!

What's your prediction for March 2025 so I can double it and know the real price 

[amirheavy666]

I think the 2021 year will be great year for bitcoin and Cryptocurrency

because the World Economic will have very bad status in end of 2020 and 2021 with this impact of Corona and other thing

I read some paper that said America and China just can recover their Economic recovery  at least in next 1 year in America and 2-3 Year in China

so it is my predict of price ...do you agree? get have a discussion about my idea  

coin                  April2020           Mar2021

Bitcoin                          6800$               25000$
Ethereum                      155$                 600$
XRP                              0.18$                0.5$
Bitcoin Cash                  230$                 1200$
Bitcoin SV                     185$                 600$
Litecoin                         42$                  200$
EOS                              2.5$                 15$
Binance Coin                 13.85$              100$
Tezos                           1.95$                12$
Cardano                       0.033$               0.05$
TRON                           0.012$              15$
Ethereum Classic          5.26$                25$
Neo                             7.25$                24$
IOTA                            0.15$               0.56$
Cosmos                        2.29$               10$
Zcash                           36.15$             150$
NEM                             0.036$             1$
Ontology                      0.4$                 2$

Do you remember this my post... just now see ! we are in March 2021!

What's your prediction for March 2025 so I can double it and know the real price 

If you can predict end of 2021 then you can say true man ! in next post i will send it and you can follow it... not for next 4 years just 9 month!

[Fakhrulenclix]

Bitcoin, Ethereum, and Binance coin are doing the best, the increase is unpredictable. I just want to say, maybe lots of people think when April that Bitcoin and Altcoin are not worth it to buy, but the fact is so worth it, so No matter when you buy it, if you can Hold it, you will earn profits