Bitcoin Price to hit $400k a prediction by an analyst *face palm*

[tukagero]

Mostly predictions coming from unknown and known personalities are totally insane how come btc will reached $400k if btc cannot even go back to 15,000 price.

[BlackFor3st]

Dave the Wave the analyst who this article author claims correctly predicted last years bitcoin crash, has made a wild speculation again this time as he claims that Bitcoin prices will hit $400k which is an absurd prediction in my personal opinion. Further the author of this article wants us to believe that just because Dave got it right once he’ll get it right again, and I do hope that newbies don’t fall for such gimmicks and avoid making investment decisions based on such analysts views.

In the crypto world, Dave the Wave’s predictions always carry significant weight. This is after he predicted in July last year that BTC would enter a parabolic downtrend, and Bitcoin price fell from $11,600 to $6,425 as he predicted.

With Dave the Wave’s previous prediction coming true in the past, this lends credence to this forecast.

Author is a newbie first he claims it’s a reliable prediction, and then goes on to questioning it :

As to how BTC would increase to these prices remains a mystery, especially for greenhorns in the industry. However, it is not the first time Bitcoin hikes by a seemingly unthinkable amount.

Source:

https://www.cryptopolitan.com/btc-price-to-hit-400k-dave-the-wave/

There is always a possibility especially that the market is very unpredictable but the chance for bitcoin price to reach 400k$ is very less especially if we will be talking like 1-3 years from  now. The market will increase and decrease anytime as this is how the market works from the start therefore increasing that much cannot be achieve easily.

That price can be achieve only if the demand will focus on bitcoin and other currencies will be left behind or the demand of crypto will be spread all over the globe like 80-90% of the countries are open to bitcoin usage which is very difficult to happen.

[aioc]

Dave the Wave the analyst who this article author claims correctly predicted last years bitcoin crash, has made a wild speculation again this time as he claims that Bitcoin prices will hit $400k which is an absurd prediction in my personal opinion. Further the author of this article wants us to believe that just because Dave got it right once he’ll get it right again, and I do hope that newbies don’t fall for such gimmicks and avoid making investment decisions based on such analysts views.

https://www.cryptopolitan.com/btc-price-to-hit-400k-dave-the-wave/

Even if he hit right on his first prediction I would like to see concrete proofs or events that can lead Bitcoin to reach a certain price, I believe in cause and effect, if there is a cause there is an effect brought by that cause, based on his next predictions those are all predictions and assumption, we can make a reliable prediction on how the price will get after we are done with our present situation.

[thebutton]

Dave the Wave the analyst who this article author claims correctly predicted last years bitcoin crash, has made a wild speculation again this time as he claims that Bitcoin prices will hit $400k which is an absurd prediction in my personal opinion. Further the author of this article wants us to believe that just because Dave got it right once he’ll get it right again, and I do hope that newbies don’t fall for such gimmicks and avoid making investment decisions based on such analysts views.

In the crypto world, Dave the Wave’s predictions always carry significant weight. This is after he predicted in July last year that BTC would enter a parabolic downtrend, and Bitcoin price fell from $11,600 to $6,425 as he predicted.

With Dave the Wave’s previous prediction coming true in the past, this lends credence to this forecast.

Author is a newbie first he claims it’s a reliable prediction, and then goes on to questioning it :

As to how BTC would increase to these prices remains a mystery, especially for greenhorns in the industry. However, it is not the first time Bitcoin hikes by a seemingly unthinkable amount.

Source:

https://www.cryptopolitan.com/btc-price-to-hit-400k-dave-the-wave/

There is always a possibility especially that the market is very unpredictable but the chance for bitcoin price to reach 400k$ is very less especially if we will be talking like 1-3 years from  now. The market will increase and decrease anytime as this is how the market works from the start therefore increasing that much cannot be achieve easily.

That price can be achieve only if the demand will focus on bitcoin and other currencies will be left behind or the demand of crypto will be spread all over the globe like 80-90% of the countries are open to bitcoin usage which is very difficult to happen.

Maybe we'll see in 2022 if his predicted price would come true because $400k is massive amount no matter who you ask in the cryptoworld. Though the price of BTC is very unpredictable and even the people in the past would not have expected that it would go this much as what the current price is. Well 2029 is very far and a lot of things would unfold so let's see if the prediction is a total nonsense or if it would happen. But I find it more useful if we talk about the prices more in a not-so-far into the future because talking about $400k in nine years today doesn't make any much of a sense in my opinion.

[Quidat]

There is always a possibility especially that the market is very unpredictable but the chance for bitcoin price to reach 400k$ is very less especially if we will be talking like 1-3 years from  now. The market will increase and decrease anytime as this is how the market works from the start therefore increasing that much cannot be achieve easily.

That price can be achieve only if the demand will focus on bitcoin and other currencies will be left behind or the demand of crypto will be spread all over the globe like 80-90% of the countries are open to bitcoin usage which is very difficult to happen.

With that price level then it would already talk about full adoption.Come to think that we do just able to hit 20k mark and
talking about 400k price is really too far to consider in a short span of time and we cant still be sure if the demand would
really be there on upcoming years since nothing is assured in terms of future talks even we do see a potential towards crypto.
I dont even believe on 50k-100k price. How much more on 400k?

[judaspriest]

predictions like this that make FOMO bitcoin successful later, but I think not this year, I also believe the price of Bitcoin can reach $ 400,000 after halving of course, hopefully it can happen, and don't let you get stuck, because the whale game could be the price of Bitcoin DUMP first before rising to the moon 

[Spaffin]

One way or another, it is big whales that will first of all affect the stability of the price of Bitcoin, so if we assume too active a rise in the price of Bitcoin in the near future, we would like to see more widespread use of cryptocurrency in everyday life, and not just the use of Bitcoin to make money thanks to it  volatility.  I believe that you really need to fix Bitcoin as a means of payment, so as not to expect a drop in prices again.

[Wind_FURY]

Dave the Wave the analyst who this article author claims correctly predicted last years bitcoin crash, has made a wild speculation again this time as he claims that Bitcoin prices will hit $400k which is an absurd prediction in my personal opinion. Further the author of this article wants us to believe that just because Dave got it right once he’ll get it right again, and I do hope that newbies don’t fall for such gimmicks and avoid making investment decisions based on such analysts views.

Pretend you are back to 2012, and someone introduced you to Bitcoin at $1.00 per coin, and that that someone told you it would hit $20,000 per coin someday.

Are you the person who could see that possbility? Or would it be "absurd" for you? Add that as your poll for the topic.

[tbterryboy]

I was "sort of" that person back in the day. I didn't get in during the one dollar era, I was here when it was about 120 dollars and so forth, that is why I was already quite late, when you consider "this 120 dollar thing will be 20k one day", it is certainly a lot bigger possibility compared to 1 dollar going to 20k dollar thing.

However even back that moment (and interestingly right now) not a lot of people believed that bitcoin could be 20k. I saw what it was, I saw the trajectory and I said it doesn't matter what happens to bitcoin right now, I still say that, it could become 1k tomorrow and nothing would change in my mind. As long as people love it the way they love, and as long as we have less and less of it, the price will eventually skyrocket.