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Author Topic: Bitcoin to $100k in 2021  (Read 649 times)
ACryptoEconomy (OP)
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November 12, 2020, 02:37:11 AM
 #1

Hi;

I created a new channel recently and wanted to share my 6th produced video exploring us reaching $100k in 2021, which is almost a certainty within the next 2-3 years.

New to Youtube but excited to produce useful content.  Please have a look, and if you find it helpful, would appreciate your support by subscribing and liking the video.

You can see it here - https://youtu.be/-7JKxJDnEMI

Topics for videos include in-depth project reviews, market updates and news, beginner-friendly videos and interviews.

Here's an example of a project review video - https://youtu.be/SMIt77kTpqc

Here's an example of a beginner-friendly video - https://youtu.be/0P4PMzFoM0A

Hope you enjoy the videos and thank you for your support. If anyone has any suggestions please let me know.

Thanks,
Ali
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November 12, 2020, 03:48:23 AM
 #2

How sure as you of us reaching $100K exactly in 2021? You need to understand that its easy for BTC to go from $10K to $20K but to go from $20K to $100K it will take billions of dollars that needs to be poured into this market.

As much as I want BTC to succeed in the future. It seems there are too many speculators out there who are extremely greedy and basically not only want $20K they want like $50K or $100K. If BTC breaks $16K, where do you think it will go next? I predict maybe top at $19K because everybody is expecting $20K+ bitcoin. But who knows, maybe you are right and we might hit $100K however at those numbers, imagine if the Vinkovoss twins start to sell, who will absorb all that sell pressure. It just doesn't seem possible really.
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November 12, 2020, 04:06:43 AM
 #3

How sure as you of us reaching $100K exactly in 2021? You need to understand that its easy for BTC to go from $10K to $20K but to go from $20K to $100K it will take billions of dollars that needs to be poured into this market.

Watching the video, the OP is not saying literally that Bitcoin will/should reach by $100,000 in 2021. OP just shows his own analysis and share it. He also made it a user-friendly video by providing the exact time on the video of his pointers.

Although I didn't watch the whole video, I found the video will be hard to understand for newbies but should be a good reference. But there's a beginner-friendly video too as stated in the OP but I didn't watch it yet.

But to answer directly the subject, reaching a $100,000 price is too much to expect in 2021.

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November 12, 2020, 05:57:04 AM
 #4

pretty good analysis, I've also seen your video on YouTube, but the chart might be wrong,
because there is support and resistance, and the direction of the market in cryptocurrencies is also difficult to predict,
in my opinion also the bitcoin price could be up to $ 100k but it will there are resistances that must be crossed first,
as long as important support is not broken then Bitcoin will still continue its trend.

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November 12, 2020, 06:49:04 AM
 #5

Watching the video, the OP is not saying literally that Bitcoin will/should reach by $100,000 in 2021. OP just shows his own analysis and share it. He also made it a user-friendly video by providing the exact time on the video of his pointers.

Although I didn't watch the whole video, I found the video will be hard to understand for newbies but should be a good reference. But there's a beginner-friendly video too as stated in the OP but I didn't watch it yet.

But to answer directly the subject, reaching a $100,000 price is too much to expect in 2021.
Thank you for that summary.

This isn't different from those analysis that say that bitcoin is likely to reach $100,000. Many are calling that price for 2021, personally I believe that 2021 is going to be a better year than we have this year.

But I'm still half-hearted for $100,000 although I want that price to see.

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November 12, 2020, 08:32:21 AM
 #6

Watching the video, the OP is not saying literally that Bitcoin will/should reach by $100,000 in 2021. OP just shows his own analysis and share it. He also made it a user-friendly video by providing the exact time on the video of his pointers.

Although I didn't watch the whole video, I found the video will be hard to understand for newbies but should be a good reference. But there's a beginner-friendly video too as stated in the OP but I didn't watch it yet.

But to answer directly the subject, reaching a $100,000 price is too much to expect in 2021.
Thank you for that summary.

This isn't different from those analysis that say that bitcoin is likely to reach $100,000. Many are calling that price for 2021, personally I believe that 2021 is going to be a better year than we have this year.

But I'm still half-hearted for $100,000 although I want that price to see.

Same here, if we are going to give a good estimates, probably double the last all time high of $20k, we can simply deduce around $40k, but that is the top.

So I don't know if we can really reach $100k in 2021, of course, it is possible, but I will be leaning towards a prediction that is doable so that we won't be expecting too much on the possible bull run price next year.

Unless there will be more companies like Grayscale putting their reserves to bitcoin, or institutional and wall street billionaires by the hundreds suddenly investing a percentage of their wealth to bitcoin as a hedge to the current economic pressures or more willing to diversify their portfolio.

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November 12, 2020, 08:52:06 AM
 #7

The goal of this topic is to market the channel, using hot headlines such as the price reaching 100 thousand and other analyzes that appeal to beginners because it means quick profit without effort.
There is no person competent in the analysis who can give a statement with certainty for a one-year rate, especially for a small market such as bitcoin market, and for a long time with all the changes that take place in the world.

The price will be in a price range, but no one knows in which price ranges it will be, but the best numbers are above the $ 20,000 levels.
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November 12, 2020, 12:03:19 PM
 #8

pretty good analysis, I've also seen your video on YouTube, but the chart might be wrong,
because there is support and resistance, and the direction of the market in cryptocurrencies is also difficult to predict,
in my opinion also the bitcoin price could be up to $ 100k but it will there are resistances that must be crossed first,
as long as important support is not broken then Bitcoin will still continue its trend.

Support and resistance are easy to draw, you just have to figure out which angle you want (and then you move the timeframes in and out to get the desired angles).

Not that I'm saying you can make anything you want up, but you actually literally can.

Just how strongly you can back it up with actual TA, is the difference.

$100k, the most optimistic result, not impossible but the immediate concern is 20k and keeping that support imo.

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davis196
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November 12, 2020, 12:47:13 PM
 #9

I remember,when people were making insane predictions about a 500K USD Bitcoin price back in December 2017.I guess it's time for the die hard bulls to come out of the shadows with some crazy price predictions.
I'm not one of the believers that Bitcoin price will go up to the moon.I think that 2021 will be a bearish or stagnant market for Bitcoin.I might be wrong,but it's better to be a cautious pessimist rather than a naive optimist.

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November 12, 2020, 01:06:34 PM
 #10

I remember,when people were making insane predictions about a 500K USD Bitcoin price back in December 2017.I guess it's time for the die hard bulls to come out of the shadows with some crazy price predictions.
I'm not one of the believers that Bitcoin price will go up to the moon.I think that 2021 will be a bearish or stagnant market for Bitcoin.I might be wrong,but it's better to be a cautious pessimist rather than a naive optimist.
Those are just a hype prediction before and now its coming back because bitcoin price continues to increase as expected, now many prediction are coming in and its crazy how they predicted the price of bitcoin, well I’m also not liking it but who knows, Bitcoin is indeed unpredictable after all. If OP believes on this one then so be it, I also think 2021 is just a recovery year and not a year to go to the moon maybe.

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November 12, 2020, 01:09:41 PM
 #11

Sometimes you can show the particular analyzes, but I think there is more explanation for you to say that it will reach $ 100k, there are many technical things that not everything is understood, it would be good if you emphasized the analysis so that the fundamental analysts can give criticism more constructive.

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November 12, 2020, 02:48:25 PM
 #12

The high of $100k by 2021 (that is a year to this time) is really a big price to reach and I don't think such price can be achieved because of the time. The expectation of hodlers is high but the thread is putting high point for the next year, a very short time but is still speculation.
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November 12, 2020, 03:53:59 PM
 #13

Appreciate all of your input and perspectives, and your taking the time to watch it.  Couple things would like to add.

I made clear in the video, it's an outcome I find likely, never say it's certain, of course it's not Smiley.  Do say we will reach $100k in the next 2-3 years with *near certainty.

I am definitely not creating this video to market the channel.  It's just another type of video sharing my genuine perspective.  The models are not mine.  Have enjoyed creating the project review videos most will say.

Would be curious to hear what would help you watch the full video?

Thanks.
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November 12, 2020, 11:49:35 PM
Last edit: June 12, 2023, 02:22:29 AM by STT
 #14

For what its worth 100k is certainly possible but would be transformative, I dont think any such escalation happens in isolation but in combination with rather large changes in the world such as alterations to the global reserve system based around dollar and so on.   If the dollar index dropped 20% for example that might explain such a target and we'd only realise retrospectively.

If we're talking 100k then its a macro view we are discussing which I prefer to take the longer term view and the bars on a chart of at least daily to weekly or higher time frames because its always more accurate then trying to guess pricing around hourly bars like a game of hop skotch.

I'll look into the video for perspective but another macro view I was just looking at that tracks back to 2017 action and tries to draw accuracy by price action guidance over years, the conclusion there is bullish but with a possible pullback to 13k.   The 13k is the test for the higher action as I understand it, the rough guide is Fib levels of which 16k is .786 and the low is taken at the xmas of about 2 years ago which I agree was very low sentiment and a good anchor for predicting price potential.     I'll post chart anyhow:



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November 13, 2020, 12:41:52 AM
 #15

Hi;

I created a new channel recently and wanted to share my 6th produced video exploring us reaching $100k in 2021, which is almost a certainty within the next 2-3 years.


If you insist this, you will probably become the next John McAfee with unrealistic prediction of the price, I have based my prediction on how the market react for the past three years, it will take the next halving for us to have a big pump this current production of Bitcoin is good for $50 k at the highest, the adoption is good so far, but there's always a market volatility that we must not overlook, the price could go down even without a hint.

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ACryptoEconomy (OP)
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November 13, 2020, 12:54:46 AM
 #16

For what its worth 100k is certainly possible but would be transformative, I dont think any such escalation happens in isolation but in combination with rather large changes in the world such as alterations to the global reserve system based around dollar and so on.   If the dollar index dropped 20% for example that might explain such a target and we'd only realise retrospectively.

If we're talking 100k then its a macro view we are discussing which I prefer to take the longer term view and the bars on a chart of at least daily to weekly or higher time frames because its always more accurate then trying to guess pricing around hourly bars like a game of hop skotch.

I'll look into the video for perspective but another macro view I was just looking at that tracks back to 2017 action and tries to draw accuracy by price action guidance over years, the conclusion there is bullish but with a possible pullback to 13k.   The 13k is the test for the higher action as I understand it, the rough guide is Fib levels of which 16k is .786 and the low is taken at the xmas of about 2 years ago which I agree was very low sentiment and a good anchor for predicting price potential.     I'll post chart anyhow:

https://i.imgur.com/HlGVdqyg.png

Appreciate the in-depth response.  Would agree that reaching, and maintaining $100k+ in the long-term would at least start to coincide with significant macro-economic impact.  That's the central point anyway, to hedge.

Simply touching $100k at some point, let's say for example, reaching it as an over-shoot in the next cycle, is very likely and I think requires less upheaval that we're implying otherwise.  That cycle top taking place in 2021 seems hasty, but models that I agree with are showing strong correlations, suggesting it likely ie. S2F.  Of course, that doesn't provide any certainty, but it does seem like likely.

Either way, 2-3 years is almost certain at this point.  Leaving aside the central macro view that BTC serves as the ultimate hedge against the gradual collapse of a fiat system.  The store of wealth narrative alone is growing increasingly significant. 

Appreciate the charts and the support/resistance areas.  Will take a closer look.
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November 13, 2020, 01:05:20 AM
 #17

Hi;

I created a new channel recently and wanted to share my 6th produced video exploring us reaching $100k in 2021, which is almost a certainty within the next 2-3 years.


If you insist this, you will probably become the next John McAfee with unrealistic prediction of the price, I have based my prediction on how the market react for the past three years, it will take the next halving for us to have a big pump this current production of Bitcoin is good for $50 k at the highest, the adoption is good so far, but there's always a market volatility that we must not overlook, the price could go down even without a hint.

Definitely not the only one that considers it a strong possibility Smiley.  Actually, very popular models are in line, I'm more-so reading them, and finding a macro view that seems to fit with that possibility.

Either way, not insisting, I think it's likely, and near certainty in 2-3 years.  That's about it.  At 1% on the John McAfee spectrum.  Actually seems in-line with a fair portion of the bitcoin community on this. Maybe outside bitcointalk, haven't been here in a while.
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November 13, 2020, 02:28:55 AM
 #18

Maybe 2 or 4 more years.

It is true that the price is having a great movement this last quarter of the year but that doesn't mean it would continue to increase at the same pace for the next few years. It would go up, it would go down, it would go up, there will be a correction, and so on. We don't know what will also happen in the future that might affect the price.
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November 13, 2020, 03:51:13 AM
 #19

Either way, not insisting, I think it's likely, and near certainty in 2-3 years.  That's about it.  At 1% on the John McAfee spectrum.  Actually seems in-line with a fair portion of the bitcoin community on this. Maybe outside bitcointalk, haven't been here in a while.

Thank you for your prediction. We have less than 2 months to see the new year, and I am curious about what will happen to bitcoin next year. If the price really touches $100k in the next year, many people who hold bitcoin will become a millionaire because they will sell at the highest price. But bitcoin price has a difficult time to increase now after touching $15k, and the price now is not moving to a higher price.

But if the adoption process can start in the next year, perhaps, that can lift the price to start rallies and break every high price barrier. And in that year, we might see bitcoin price will make a new ATH. But we never know if bitcoin really head to $100k in 2021, and we can only wait for that time.

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smyslov
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November 13, 2020, 04:00:50 AM
 #20

Hi;

I created a new channel recently and wanted to share my 6th produced video exploring us reaching $100k in 2021, which is almost a certainty within the next 2-3 years.



I have doubt when people put the word certainty in their post about the price of Bitcoin, because realistically you cannot accurately predict the price of Bitcoin in any situation and at any time, that's just impossible, there are those who predicted close to it but it never happens all the time, I'm definite you are just making a hype I also will do that if I want to make a profit.
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