Bitcoin will increase 20X in the next 5 years

[bitbollo]

This is just a pure speculation as we see daily tens of these predictions. I am not a fan of these "news", since aren't based in any evidence or analysis. it is just a generic forecast, since in a large time frame it could be possible hit this high value.
It is not referred to this specific claim, but I have some doubts about "marketing move" with such claims....

[Saisher]

Dan Tapiero, co-founder of Gold Bullion International believes that it’s only a matter of time before Bitcoin
’s price surges into the six-figure threshold.

“In the next five years, I can see gold at $4,000, so that’s double. But if gold is at $4,000, Bitcoin is probably somewhere between $300,000 and $500,000, so that’s a 20, 30x.”

https://cointelegraph.com/news/no-debate-that-bitcoin-will-increase-20x-says-gold-industry-insider

I have no choice but to agree on something that will benefit me if it's coming from good analysis and right data I hope to be here in the next five years and see if this comes true of course the forum will still be here and with all these speculations coming let's see which one will turns out to be true.

[Noctis Connor]

This is just a pure speculation as we see daily tens of these predictions. I am not a fan of these "news", since aren't based in any evidence or analysis. it is just a generic forecast, since in a large time frame it could be possible hit this high value.
It is not referred to this specific claim, but I have some doubts about "marketing move" with such claims....

It is true no one can predict what to happens really in bitcoin price prediction this can make people lose their hope in bitcoin once their saw something interesting in bitcoin even they didn't have enough knowledge to invest or to put their liquid assets into bitcoin bitcoin is so unstable it changes time to time this is why people are making some small profit from it holding and selling it our choice to make, if he can provide something interesting or those billionaires has their eyes to invest into bitcoin then so be it.

[Fortify]

Whenever I see articles like this all I wonder is how much money that person dumped into bitcoin on a hunch. They don't have a clue any more than the next guy and are simply hoping to make a profit on it - so it is in their interests to hype it up as much as possible so their own wealth doesn't go down. The fact that he has said gold will double in five years is rather wishful thinking too, because it tends to drop as the economy becomes more stable and we are already starting to come out of the Covid induced recession.

[lunnatic]

Bitcoin has risen more than 100x since the price of Bitcoin is still a few dollars,
and now many people want Bitcoin to be able to go up by 20x at the current price?
Of course this makes Bitcoin can have difficulties,
my advice is not to target investment for the next 5 years, 1 year already very nice.

[KTChampions]

Bitcoin has risen more than 100x since the price of Bitcoin is still a few dollars,
and now many people want Bitcoin to be able to go up by 20x at the current price?
Of course this makes Bitcoin can have difficulties,
my advice is not to target investment for the next 5 years, 1 year already very nice.

Why do you prefer a short term over a longer one? After all, bitcoin is usually as good as possible in the long term. As far as I know, nothing special is expected in the next year, and if we take a period of 5 years, then we will go through another halving. And I think that the subsequent halving will have time to affect the price of bitcoin for the specified period.

[btc78]

20x in the next 5 years?this is too much to obtain mate because we can't even see a double value now while the Good things happening and you are telling us of x5?

It's ok to expect but not to Huge because the more we look at this is the more frustrated we become and the wrong decisions follow.

Just say Bitcoin will have increase but promising more than what it can achieve is misleading.
This is my Own opinion as i have seen many thread like this yet sooner brings falls outcome.

[lunnatic]

Bitcoin has risen more than 100x since the price of Bitcoin is still a few dollars,
and now many people want Bitcoin to be able to go up by 20x at the current price?
Of course this makes Bitcoin can have difficulties,
my advice is not to target investment for the next 5 years, 1 year already very nice.

Why do you prefer a short term over a longer one? After all, bitcoin is usually as good as possible in the long term. As far as I know, nothing special is expected in the next year, and if we take a period of 5 years, then we will go through another halving. And I think that the subsequent halving will have time to affect the price of bitcoin for the specified period.

long term will have a high risk, the price of Bitcoin is not easy to predict for the next 5 years,
what if the price of Bitcoin becomes $ 100 again? do you not regret it ?, better short-term investment,
because the price can still be speculated.

[vaultman]

It is not known in the next 5 years or 20, but this must happen, everyone already understands that this is inevitable. You don't need to be a cryptocurrency professional to claim this. Moreover, bitcoin has a system of increasing complexity, which will certainly reduce the supply of bitcoins against the background of constantly growing demand, that is, this is already one big factor that suggests that the price will surely rise.

[Xinarae*]

It is not easy for traders to predict what percentage Bitcoin will grow in the next 5 years because the rise and fall of the crypto market is not fixed in one place. Prices increase based on demand and supply increases. However, it is expected that the price of Bitcoin will increase significantly this year and next year. In the last five years perhaps the current price will be higher many will rise and everyone like Fiat will start using Bitcoin in cash.

[carlisle1]

Dan Tapiero, co-founder of Gold Bullion International believes that it’s only a matter of time before Bitcoin
’s price surges into the six-figure threshold.

“In the next five years, I can see gold at $4,000, so that’s double. But if gold is at $4,000, Bitcoin is probably somewhere between $300,000 and $500,000, so that’s a 20, 30x.”

https://cointelegraph.com/news/no-debate-that-bitcoin-will-increase-20x-says-gold-industry-insider

But first we  need to Break 25,000$ before making into that x20 or even x30 value because toad we are at 23,000 so making it x20 it should be almost a half a million dollars.

But if this kind of movement continue till next year  then the opportunity may be on our side.

But i'm a person in which only believing when there are big assurance of that going to be reality ,and i think this is not a Bad attitude since we are talking about money and assets here.

[inanilujimi]

Maybe I will look back at this thread in the next 5 years if your prediction is correct, the movement of bitcoin that has surpassed ATH this year has caused a lot of attention, both observers and direct investors have different perspectives on the price that will happen afterwards, what it could be that bitcoin with a very volatile value is not impossible to reach 6 digits for the next 5 years.

[LUCKMCFLY]

It is always good to read this type of news, especially from investors of that level, although to be more credible they should give at least a small percentage of their analysis and what they are based on, as PlanB does with its S2F model, which He himself says that it has expiration, but it is his study and according to it he can say how to arrive at an amount.The rhythm that Bitcoin is taking so far is very good, we just have to wait to see those wonderful figures that at some point in time will be seen

[sapnu]

It is not easy for traders to predict what percentage Bitcoin will grow in the next 5 years because the rise and fall of the crypto market is not fixed in one place. Prices increase based on demand and supply increases. However, it is expected that the price of Bitcoin will increase significantly this year and next year. In the last five years perhaps the current price will be higher many will rise and everyone like Fiat will start using Bitcoin in cash.

But still, we should keep believing. Because of the things that bitcoin shows to us, we should never doubt it and make our beliefs even bigger. Maybe there are some people who are regretting that they doubt bitcoin and saying that it will really dump but look how far the price of bitcoin reaches, hitting the all-time high since it was created. In the next 5 years, who knows what's gonna happen, I think I should wait again for the price of bitcoin to get a little low and the I will buy some and hold it for a long time.

[iv4n]

It is always good to read this type of news, especially from investors of that level, although to be more credible they should give at least a small percentage of their analysis and what they are based on, as PlanB does with its S2F model, which He himself says that it has expiration, but it is his study and according to it he can say how to arrive at an amount.The rhythm that Bitcoin is taking so far is very good, we just have to wait to see those wonderful figures that at some point in time will be seen

It's positive, it gives you more confidence as holder when you read positive stuff about Bitcoin future! Is it good? Yes it is, if you are a holder, but if you are a trader you need to forget about long run prediction and to focus on the present!
I am also positive about Bitcoin future, I am positive about some other coins future too! People are learning about crypto, and they are going through the same thing I went 6 years ago (some long before me, some later..), and they are realizing one important thign, crypto is better in so many ways! It's why Bitcoin will be more expensive in the future, and it's why some alt's will be more expensive too, more people will use it, a lot more people than now!

[thecodebear]

Yes $300k to $500k is definitely possible in 5 years. If Bitcoin continues to follow the four year cycle, that means 2025 will be the peak of the next cycle. The current cycle >$100k is very doable in the next year. And with institutional adoption finally starting now, with 5 years of increasing institutional adoption, not to mention paypal and similar bullish pieces of adoption, very possibly an ETF as well during this time, there will be an enormous amount of money moving into Bitcoin by 2025. I see no reason why it can't at least reach this range during the market cycle peak in 5 years.

[error08]

The first "ATH" I've experienced^* was around 1200$ at the end of 2013.
The following crypto winter made it fall 6x, to 200$ levels.

2017 started with 1000$ price and the new ATH was almost 20k (20x growth)

The new crypto winter got us to some 3100$ (6.5x fall)

Now we are back to almost 20k again and since we, humans, just love to find patterns, we obviously expect a new 20x (ish) ATH, hence 400k.
Of course, although people say that history repeats itself, it doesn't do everything in the same way (and doesn't repeat itself when we want it to), so... we'll have to wait and see.


* That ATH made me get into crypto, so I don't know much more than the price tag.

During the bull run, we are so excited and predict that bitcoin will multiply and reach a certain point, nothing wrong with it as the pattern of the rise and fall of bitcoin seems to tend to repeated although not exactly in the same way. If it's true, bitcoin should reach a new ATH in 2021, one year after halving,  and the price will plummet in 2022, the next halving in 2024 and a new ATH in 2025.

[mich]

Dan Tapiero, co-founder of Gold Bullion International believes that it’s only a matter of time before Bitcoin
’s price surges into the six-figure threshold.

“In the next five years, I can see gold at $4,000, so that’s double. But if gold is at $4,000, Bitcoin is probably somewhere between $300,000 and $500,000, so that’s a 20, 30x.”

https://cointelegraph.com/news/no-debate-that-bitcoin-will-increase-20x-says-gold-industry-insider

For many of us 3-5 years is so far in the future and might be a long time to continue to hodl. 
I am just going to be realistic when i say that I think many people will have a hard time to not sell your Bitcoin if the price is $100,000. 
And then if the price gets to for example $250,000 I think many of us will sell quickly since this is for everyone some life changing money.

[buwaytress]

For many of us 3-5 years is so far in the future and might be a long time to continue to hodl. 
I am just going to be realistic when i say that I think many people will have a hard time to not sell your Bitcoin if the price is $100,000. 
And then if the price gets to for example $250,000 I think many of us will sell quickly since this is for everyone some life changing money.

Agreed. 5 years is doable for me, I've anyway been psychologically prepared to wait at least that time before considering my position, dividing up what I have and inheritance and all that, but I will admit 100k will be difficult to ignore, seeing as that's more than a small fortune back home. Would wipe out all family debt, and that alone is something worth considering seriously. Life changing decision for sure but it would be a headache I'd love to have!

[NeuroticFish]

and since we, humans, just love to find patterns, we obviously expect a new 20x (ish) ATH, hence 400k.
Of course, although people say that history repeats itself, it doesn't do everything in the same way (and doesn't repeat itself when we want it to), so... we'll have to wait and see.

bitcoin seems to tend to repeated although not exactly in the same way

Exactly. People don't look deep enough when they look for a pattern. And this makes that many times the pattern they've found is incorrect.
This time the institutional investors may be one of the big components of the price growth. Voices are already telling that this bull run is different. Some already expect it to be longer and don't end so abruptly. Of course, even if they're correct, "different" can mean other things too (e.g. not so steep growth)
We can speculate a lot but at the end, the conclusion is the same: we'll wait and see. We cannot foresee the future. And the traders have to be careful (don't they ever have to be careful?).