Top 5 reasons I see $100k in next 2 years

[Febo]

Top 5 reasons I see $100k in next 2 years

I totally agree with you. And if for some reason it will not happen in 2 years it will happen in 3.

[Ridwan Fauzi]

We already seen some effect from some factors, bitcoin price has been surge from its lower price and until it has been traded above $10.000 and I think that $10.000 is the first step for bitcoin touch its privious all time high.

There is some speculations as well who stated if bitcoin price touch its privious all time high again at least we will see the next price that will be achieved is $75.000 and $100.000, so based on that if these factors that you mentioned has given many investor and new comers aware $100.000 is reasonable price to be achieved.

[bitgolden]

The first one is not a long term thing, the 2020 crisis and the money printing is affecting the bitcoin price right now as we speak but it wouldn't be a long term thing, the markets will eventually adjust and the price will show for it, hell the increase to 12k is probably thanks to that and I doubt it would have any further deal.

Second one is more important, the likes of JP Morgan and Chase and stuff would make bitcoin go over 100k in a heart beat if they want to get into bitcoin in a big deal.

Third one should show in the next 6 months or so, if it really goes up that means it was halving, if it doesn't that means it didn't, we will see soon. Fourth one is a big ask, I mean would it work? It could but it is a big "if" right now. And defi is just a hype right now that will die down, it is not as big as people think it is.

[LUCKMCFLY]

The issue of inflation is also something that enhances the use of bitcoin, the fact of thinking in many countries that at any moment there will be a worldwide collapse of the economy, but the main thing is the fact that adoption will increase every time more.

[plr]

Alright this is a little self promotion haha. I wrote an article on Medium so I'm gonna post a link.

But in case you don't want to read the article, here's the list of five big movers I see making Bitcoin go to $100k in the next two years.

1. The 2020 Economic Crisis + Money Printing
2. Institutional investors continue to tip-toe into the market
3. The recent Halving plus just normal market cycle dynamics (meaning we're naturally in the upswing part of the cycle now)
4. Companies switching to BTC as their reserve currency (just saw the first instance of it this month, I would guess more will follow with at least a few percent of their cash reserves)
5. DeFi (raising the whole market but also locking away Bitcoin for use in DeFi)

I just don't see these five list can help Bitcoin catapult to $100k in just two years DeFi is evolving it will take some time and there maybe more that can be added to help Bitcoin reach to that level but I doubt it will be in two years time maybe in five years provided we move fast in adoption.

[virasog]

All of them could be a factor of the market change but I see more for these two have a huge impact on it.

4. Companies switching to BTC as their reserve currency (just saw the first instance of it this month, I would guess more will follow with at least a few percent of their cash reserves)
5. DeFi (raising the whole market but also locking away Bitcoin for use in DeFi)

If we all come into using crypto and increases its demand, it eventually makes the price rise. $100k ain't possible but it really needs more time than we think that it boom within 2 years. Definitely, it will be surprising to see and maybe we can't witness that time to come for a chance that we have passed already before it shows.

Adoption is what we meant for but simply we can't think that it works so easily. We become optimistic with $100k and really worth to wait but I'm not sure if we all have that patience.

Bitcoin price to reach 50K does not seems possible at this moment but as we have seen in the past anything can happen in crypto. But I do not see $100K within two years. It may take few more years, probably after the next halving we may see this price increase.

[Taskford]

All of them could be a factor of the market change but I see more for these two have a huge impact on it.

4. Companies switching to BTC as their reserve currency (just saw the first instance of it this month, I would guess more will follow with at least a few percent of their cash reserves)
5. DeFi (raising the whole market but also locking away Bitcoin for use in DeFi)

If we all come into using crypto and increases its demand, it eventually makes the price rise. $100k ain't possible but it really needs more time than we think that it boom within 2 years. Definitely, it will be surprising to see and maybe we can't witness that time to come for a chance that we have passed already before it shows.

Adoption is what we meant for but simply we can't think that it works so easily. We become optimistic with $100k and really worth to wait but I'm not sure if we all have that patience.

Bitcoin price to reach 50K does not seems possible at this moment but as we have seen in the past anything can happen in crypto. But I do not see $100K within two years. It may take few more years, probably after the next halving we may see this price increase.

Many people don't see the price of bitcoin will go this far as todays price remember bitcoin is worthless and less adopted and those people who doubt that it will not get a huge success regrets that they didn't buy bitcoins when the price is cheap.

Remember the pizza scenario and I'm sure the one who pays 10,000 bitcoins for just a pizza is regrets and possible count his earnings if he wish to hold that huge volume for year 2017 or even today since he could possibly earn millions of dollars with that volume.

So let's not close the possibilities since every year give another milestone on bitcoins and cryptocurrency.

[bitbunnny]

To be honest, I don't see how these five reasons mentioned here could trigger Bitcoin price go all over to $100k. Nothing of this isn't connected to Bitcoin and it isn't influencing it. All this seems very exaggerated to me and definitely not convincing.

[Slow death]

Reaching $100,000 in just two years is definitely a big exaggeration, look at the current price, which since the end of 2017 is still below $12,000, but at the end of 2017 there were many people who used arguments similar to your arguments to say that the price would reach $30,000  in 2018, then last year I also saw something similar and the price did not reach more than $15,000 last year.

So now is a forecast of $100,000 for 2 years from now? the price of bitcoin can't even reach more than $ 20,000 since 2 years and are you dreaming of $100,000?I s a great exaggeration

[peterpanda]

Your points are strong enough but I think it is too far bitcoin to reach $100k in next 2 years. We know that from 2015-2020, bitcoin increased a lot but practically all the things have a system and limitation according to situation and time.

Anything that goes up too fast then it tends to fall at higher pace as well. But just like now how bitcoin is gradually rising with testing 12k range zone and falling back and slowly keep rising will help in long run. So 100k in 2 years is till unknow for the matter but only thing is that it should be stable every time it creates a new ATH.

Actually we are responsible about it. For the price of bitcoin, hype is also matter. But I'm not guessing that bitcoin will hit $100k in next two years. It is too far from today's price.

[pixie85]

Reaching $100,000 in just two years is definitely a big exaggeration,

This is something people were talking about every major level. 2 years before reaching 1000 dollars the price was at $20 and 2 years before going to 20 thousand we were at $300.

look at the current price, which since the end of 2017 is still below $12,000, but at the end of 2017 there were many people who used arguments similar to your arguments to say that the price would reach $30,000  in 2018, then last year I also saw something similar and the price did not reach more than $15,000 last year.

So now is a forecast of $100,000 for 2 years from now? the price of bitcoin can't even reach more than $ 20,000 since 2 years and are you dreaming of $100,000?I s a great exaggeration

It couldn't reach 20 because it was in a bear market. Between 2014 and 2016 the price still was wtruggling to surpass 1000 because of the 2 year long bear market.
When we break 20 thousand we will most likely go to 50 within the same year.

[hulla]

The Crypto market is full of possibilities especially when halving effect takes over the market but that doesn't mean the bitcoin market has the chance of clinching $100k price range in 2 years even with the economic crisis and increase in money printing. About the companies using BTC as their reserve currency, I don't want us to build our hope on false information because no adequate information or evidence was provided that the information is indeed the truth. About Defi hype and locking away Bitcoin use, Defi is just a hype project and didn't have the capacity to lock away bitcoin uses. However, I hope people are informed about the danger in it.

[STT]

1. The 2020 Economic Crisis + Money Printing

Thats the only real reason for such a high target so soon, the complete destabilization of a monetary world standard  would just about push to this edge and also mean 100k isnt even half the value it is now in real terms.  My rule for taking any price target prediction like this seriously is the consideration of a total market capitalization.   When price inaccuracy occurs, inflation or even deflation as occurs with default then we are losing track of value and the only way to properly compare assets is in ratio and a contrast in total value.   People keep talking about price as if dollar value will never change, clearly its going to crumble under the weight of this debt at some point near term or certainly long term.  But also the point is even BTC as unit is not stationary, the block reward alters its total monetary base so I'd prefer if these grand predictions gave the full picture for the total circulation of BTC vs other tokens etc.

[Twinkledoe]

The Crypto market is full of possibilities especially when halving effect takes over the market but that doesn't mean the bitcoin market has the chance of clinching $100k price range in 2 years even with the economic crisis and increase in money printing. About the companies using BTC as their reserve currency, I don't want us to build our hope on false information because no adequate information or evidence was provided that the information is indeed the truth. About Defi hype and locking away Bitcoin use, Defi is just a hype project and didn't have the capacity to lock away bitcoin uses. However, I hope people are informed about the danger in it.

Anyway, it is free to speculate and later on people will realize that there's more to it. We can give a lot of reasons why it will attain such level or decrease its value to this level. But one thing for sure, bitcoin will stay in the market for the next couple of years but we don't know exactly how much its worth would be. Try to be realistic as much as you can so you will not be disappointed if your expectations will not happen.

[imstillthebest]

To be honest, I don't see how these five reasons mentioned here could trigger Bitcoin price go all over to $100k. Nothing of this isn't connected to Bitcoin and it isn't influencing it. All this seems very exaggerated to me and definitely not convincing.

me either . i find that some of the reasons are not totally related to bitcoin but they may contribute a little to the growth of bitcoins value .

 especially the defi because its altcoin based which only encourage the use of alts and defi coins  but when people involved on it , theres also a possibility that they can also get involved with btc because both are under the same roof .

[maxreish]

We didn't reach $20k yet and it is said to be speculating to get $100k.
 Isn't too early in two years? Despite all of those bitcoin movers reason, whether it is big mover or not that is only presumptions, speculations. I may gonna believe that if we are in $30k-$50k right now.
 
 You also included  reasons like defi projects, it is not sure yet that it may gonna last(im referring to defi projects) Yes, it is currently at a hype right now but the reutation of it is not that established to be one of the reason behind that $100k price if ever. Anyway, I respect your presumptions. Afterall, this is a free community. It will gonna happen, but not too soon like two years from now. Maybe 10 to 20 years in the future.

[Lucius]

1.Governments and central banks trying to destroy Bitcoin.

Exactly how they destroy it? Maybe because the laws are starting to allow them to do business with crypto (EU&USA)? If you believe in conspiracy theories, then this makes sense - the banks will take possession of most of the BTC and then burn all the private keys

5.The 2020 economic crisis might end in 2021.This is just a suggestion.

Sure, but only in a fairy tale with a happy ending - the economic crisis has not really even begun, and it will last for years. Crashing happens easily and quickly, but recovery is always a slow and time consuming process.

6.The BTC halving is gone and it doesn't have any impact over the Bitcoin price.

Completely beginner comment, where were you in 2016 if you already missed 2012? Halving has no immediate impact on price, effects can be expected in 2021/22 - and fact that rewards are cut in half (900 new BTC per day) will certainly not be without effect.


$100k in next 2 years is quite a realistic and achievable number, especially if the investment of companies like Grayscale/Square continues as is the case in Q1/Q2 2020.

[buwaytress]

We didn't reach $20k yet and it is said to be speculating to get $100k.
 Isn't too early in two years? Despite all of those bitcoin movers reason, whether it is big mover or not that is only presumptions, speculations. I may gonna believe that if we are in $30k-$50k right now.
 
 You also included  reasons like defi projects, it is not sure yet that it may gonna last(im referring to defi projects) Yes, it is currently at a hype right now but the reutation of it is not that established to be one of the reason behind that $100k price if ever. Anyway, I respect your presumptions. Afterall, this is a free community. It will gonna happen, but not too soon like two years from now. Maybe 10 to 20 years in the future.

To be fair, when we hit 20k (we already did), we were speculating already about $1 million. Compared to the vast majority of analysts out there throwing their hat into the very crowded ring, 100k looks relatively reasonable as a long-term target. In two years? Sure, why not. Thing is, it may or may not be because of the reasons listed. Bitcoin does have a way of going against conventional logic...

[Reid]

What do you think of these five price drivers?
Do you think there are different main drivers of price this market cycle or you don't think some of these will pan out?

I can't think of something else since we don't really see it.
But its nice having some good analysis like this. Thumbs up to that.

De-Fi. It might be the huge chunk of the driving force to go up.
Just like ICO. Most ICO prefer Bitcoin and Ethereum as the currency used to buy their tokens which made a good pump to both of them.
And we know it's being hyped now. A great opportunity for the mass to go through bitcoin first before their beloved De-Fi's. 

[hulla]

The Crypto market is full of possibilities especially when halving effect takes over the market but that doesn't mean the bitcoin market has the chance of clinching $100k price range in 2 years even with the economic crisis and increase in money printing. About the companies using BTC as their reserve currency, I don't want us to build our hope on false information because no adequate information or evidence was provided that the information is indeed the truth. About Defi hype and locking away Bitcoin use, Defi is just a hype project and didn't have the capacity to lock away bitcoin uses. However, I hope people are informed about the danger in it.

Anyway, it is free to speculate and later on people will realize that there's more to it. We can give a lot of reasons why it will attain such level or decrease its value to this level. But one thing for sure, bitcoin will stay in the market for the next couple of years but we don't know exactly how much its worth would be. Try to be realistic as much as you can so you will not be disappointed if your expectations will not happen.

You understand my point cause the aspect of false speculation and not being realistic is the reason why I don't support the people mathematically making a prediction which could beguile beginners into deficit cause they are the most fragile which can be enticed by prediction and ROI which is what we see when twitter hacking happened.