What Will be the next target of bitcoin in initially of 2021 ?

[Murtaza345]

There are many people saying the bitcoin bull run Will not stop and it will break 30k in 2021 what is your opinion?

[meanwords]

That's plausible, assuming we maintain this good momentum and somehow more companies adopt cryptocurrency (something as large as Paypal), then we might see $30,000 by next year. I also see some large institution investing in Bitcoin so the possibility is there. The only gamble we'll have is outside factors. For example, absurd laws that will hinder a certain powerhouse, or maybe a large scam large enough to shake the market, or even something that is outside our scope.

Nonetheless, We will still see next year.

[Yogee]

Just when I though $50K is a conservative prediction, I read about $30K for 2021. It's nothing compared to other predictions like $100K. When you check on news about institutional investors accumulating bitcoin and news about them planning to buy or buy more next year, you can only imagine how much more the price can ascend.

It was yesterday or two days ago that I read a company planning to buy $1 billion bitcoin early next year. Sorry I can't remember the exact name and can't find the link of the article.

[Lorence.xD]

That's plausible, assuming we maintain this good momentum and somehow more companies adopt cryptocurrency (something as large as Paypal), then we might see $30,000 by next year. I also see some large institution investing in Bitcoin so the possibility is there. The only gamble we'll have is outside factors. For example, absurd laws that will hinder a certain powerhouse, or maybe a large scam large enough to shake the market, or even something that is outside our scope.

Nonetheless, We will still see next year.

Hopefully we can see that growth. The scary thing about it is that as more companies come in pouring money to buy crypto, I think we are in for a treat because this will be a fight between this institutional whales. The other factor is bitcoin market volatility, even if we are on a bull run, we still should consider that it is inherently volatile. Absurd laws will not affect the individual hodlers, the companies on the other hand can just operate outside the country and the problem will be solved.

[PerfectCircle]

Possibly if money keeping coming into Bitcoin the uptrend won't stop anytime soon but im wondering how the market will look like once the bull season is over, I'm preparing for bear market to take advantage of the market once again, it's not a good time to invest for me, more whales and powerful institutes are ready to invest in Bitcoin so a new ATH is very possible

[btc_angela]

There are many people saying the bitcoin bull run Will not stop and it will break 30k in 2021 what is your opinion?

Definitely, the big mental barrier is $30k at this point because again many see this as the next top price for bitcoin in 2021. But I will say that we really don't know what will be the ceiling now, heck it is even possible to see the price at around $50k a pop if everything goes positive in the next 12 months.

So at this point its really hard to say, we will just gonna wait and start people hearing again the term, when MOON, or when LAMBO, 

[kentrolla]

There are many people saying the bitcoin bull run Will not stop and it will break 30k in 2021 what is your opinion?

The fact is no one knows what will happen in upcoming days BTC has already surpassed some predictions and the resistance could be the X-factor, we need to wait right now the price of BTC is 23k to me it's look like the price may upto 2-3k in two days as BTC is maintaining a stability. In my opinion the price of BTC will go down next year as we have already witnessed the drop in 2017.

[GreatArkansas]

I am really dumb this time.
I really expecting that Bitcoin will not create a new all-time-high before the this year end. But this time I will not underestimate Bitcoin. When we are talking $30,000 it is really possible this time, look when Bitcoin reach $20,000 it pumped upto around $23,000. This is hilarious, this kind of price action is something similar when Bitcoin trading around $12,000 - $15,000.

[Anonylz]

2021 will be great for crypto and especially btc, already PayPal are part of the space, Visa onboard i read somewhere and we also have big news like this-

"An incoming Senator believes bitcoin is a better store of value than paper money and plans to teach Congress how to use it to reduce the national debt"

probably will be happening by 2021, to me this is as big a news as it can be, we are talking about the USA government, however if this will work with the national debt issue or not, point is btc gaining recognition and acceptance, this can definitely translate towards the price come 2021.

[rodskee]

There are many people saying the bitcoin bull run Will not stop and it will break 30k in 2021 what is your opinion?

Who are those MANY? are those a account like yours? or are those account are legit and trustworthy to believe in? there are so many accounts whos shilling about the situation though when talking about Bitcoin it is always Positive is what we are trying to believe.
30,000 dollars is not far from our achievements but also be aware of things that may come along the way like Correction or a dumping from Whales just to make the marekt move.

and also i don't want bitcoin to have a target instead it's ours who must have this, targeting what we wanted to achieve ,because bitcoin is not what make the market move but it is Our call being investors and users.

[antoncoin222]

they also said in 2017 when bitcoin went up too much they said it would reach 300 thousands but it didn't happen it fell and it even berish before going up again..so I don't believe in what they said

[btc78]

I am really dumb this time.
I really expecting that Bitcoin will not create a new all-time-high before the this year end. But this time I will not underestimate Bitcoin. When we are talking $30,000 it is really possible this time, look when Bitcoin reach $20,000 it pumped upto around $23,000. This is hilarious, this kind of price action is something similar when Bitcoin trading around $12,000 - $15,000.

i can feel this mate because like you i almost lose my confidence about the increase of Bitcoin this year because for couple of weeks the performance is too week and almost not bringing any great outcome.

I almost fell to Holding for the next year because i believe that even Bitcoin reachec 20k again for sure seller will there again ang correction will soon to come.

But what happens is far different from what i am expecting instead followed by 21k then 22k and now staying at 23k .

This is the power of Bitcoin and its supporter ,the more we expect the fall is the more the Hype comes.

Possibly if money keeping coming into Bitcoin the uptrend won't stop anytime soon but im wondering how the market will look like once the bull season is over, I'm preparing for bear market to take advantage of the market once again, it's not a good time to invest for me, more whales and powerful institutes are ready to invest in Bitcoin so a new ATH is very possible

I think like what i read in the recent post that more of the Holders now are capable of keeping it because those desperately looking for income had already sold theirs and the remaining now are the true holders and investors.

[amishmanish]

they also said in 2017 when bitcoin went up too much they said it would reach 300 thousands but it didn't happen it fell and it even berish before going up again..so I don't believe in what they said

Kudos to you for this despite being a newbie here (which you are hopefully not anymore as I am happy to be your first merit-giver). While the institutional interest being shown is a big plus, nobody should enter thinking that these predictions can be true. This ensures that people only buy what they can afford.
When such insane gains are touted, new people who hear about BTC for the first time may risk too much. This results in lot of negativity later. The best option is to get into the ecosystem and try to earn BTC, rather than risking on these bets.

[oliviarobert]

I always say that the rise in bitcoin prices in 2017 is very different from the increase in prices in 2020. Because there was hype when 2017 was bitcoin became a bubble, and finally, the rise in 2017 was also a lot of FOMO. Bitcoin's price eventually fell back to a low price in 2018, very different from the current bitcoin price, when bitcoin managed to go up to $22,000 compared to the current bitcoin price. FOMO wasn't responsible for the increase in bitcoin in 2020, but many big investors are interested in investing in bitcoin. This convicted me that until 2021, the bitcoin price will continue to increase.

[Noctis Connor]

There are many people saying the bitcoin bull run Will not stop and it will break 30k in 2021 what is your opinion?

it is depends on people who keep on mining and the supply of bitcoin we can see that in bitcoin there's no impossible since other talking that bitcoin will be stable at the range price of $18-19k but bitcoin is in ATH already however not many people are not into crypto currency if they knew what bitcoin really is maybe someday they will put their eyes and interest into bitcoin. We assume that 2021 will be a good year but we are still in pandemic since 2021 other countries will receive their vaccine and start a new life & there are chances that they can stand up again and start their life with bitcoin.

[Kelvinid]

I'm mad because I'd never think that Bitcoin will make another ATH and because I was thinking about the aftermath in the last 2017 Bullrun which I think could be just of the same scenario. I'm still not so confident next year and probably it was different from what we have today. Dumps are inevitable and market correction can't be ignored despite the current trend.

I was not saying that I'm not trusting Bitcoin but I think we are too silly to say that we don't value the possible market changes in the coming days and that possible dumps to come.

[Wysi]

It's bit awkward as I have backtrack on my own prediction as I had predicted Bitcoin to reach $25k in 2021 but know I feel $25k is achievable by Christmas and still I would like to keep 5 days buffer for $25k as target till new year and there might be a lot of fluctuations between Christmas and New year and honestly it would be too early to predict 2021 before new year. I feel Bitcoin stay over $25k by new year then $30k would be next target from my point of view.

[Yaunfitda]

I am really dumb this time.
I really expecting that Bitcoin will not create a new all-time-high before the this year end. But this time I will not underestimate Bitcoin. When we are talking $30,000 it is really possible this time, look when Bitcoin reach $20,000 it pumped upto around $23,000. This is hilarious, this kind of price action is something similar when Bitcoin trading around $12,000 - $15,000.

No one really thought that we are going to break 2017's all time high this year so just prepared for the best or worst. $30k now is the conservative estimates, and I'm not surprised if $50k is the absolute top next year or even more.

So let's wait and see, I'm sure majority are super excited because this might the 2017, a super rally that will push the price and start to build the bubble.

[sarmrakib]

There are many people saying the bitcoin bull run Will not stop and it will break 30k in 2021 what is your opinion?

I think its an easy speculation for anyone that bitcoin could reach 30K$ on the upcoming years .The trend is looking so strong that passed away the previous ATH level with a spike .I have a prediction that o think bitcoin could be reach 50k$ on the upcoming years .So it still a chance for investor to invest on it and full the bag .

[Reatim]

There are many people saying the bitcoin bull run Will not stop and it will break 30k in 2021 what is your opinion?

Agreed on you because upon what Bitcoin is doing now ?the Barricade of 30k will surely Hinder the Bitcoin path to take finally 6 digits.
I believe that we are ready to make this wild value ,People now are investing in bitcoin because they wanted to use this and not like 2017 when they are gambling and risking to make profit out of it.

I'm mad because I'd never think that Bitcoin will make another ATH

Seriously mate? when almost every sides of forum people are looking for ATH to come since last November we almost Got this?
You should learn some things now mate because you have been there in 2017 and witnessed the Bubble.

I was not saying that I'm not trusting Bitcoin but I think we are too silly to say that we don't value the possible market changes in the coming days and that possible dumps to come.

Correction always follow but if we will live in the affect of correction then we will never trust Bitcoin in that sense .

Now it was proven twice that Bitcoin will always break another ATH.

[Lucius]

they also said in 2017 when bitcoin went up too much they said it would reach 300 thousands but it didn't happen it fell and it even berish before going up again..so I don't believe in what they said

Who said that? Various so-call experts who wanted their 5 minutes of glory, and in fact they had no idea like most what was the reason for the big pump in December 2017. We are no longer in 2017 and this bull run is more than obvious because big investors have started allocating part of their funds to Bitcoin - and in fact they have just started. So expecting just $30 000 is pretty frivolous, that’s less than $8000 from the current price.

It’s silly to listen to different characters at all, just turn on your brain and use simple math. We have a max supply of 21 million coins - the current circulating supply is just over 18.5 million - halving has reduced the share of new coins to just 900 per day - and large investors are buying fairly large quantities and the law of supply and demand is showing in action.

If this trend continues next year, the price of $100 000 per BTC would be quite realistic - unless someone thinks x4 in one year is something unrealistic?

[Fredomago]

It's bit awkward as I have backtrack on my own prediction as I had predicted Bitcoin to reach $25k in 2021 but know I feel $25k is achievable by Christmas and still I would like to keep 5 days buffer for $25k as target till new year and there might be a lot of fluctuations between Christmas and New year and honestly it would be too early to predict 2021 before new year. I feel Bitcoin stay over $25k by new year then $30k would be next target from my point of view.

Very possible to happen, with things are turning bright with this current market run, Bitcoin price can do exceed 25K and after new year
it will try to achieved another levels.

Nice to see that most of those predictions regarding to surpassing the last time high are being achieved. Lucky for those who believes and
continue to hold their assets.

Let's wait and see if how far Bitcoin will go and what will be the peak from this set of bull market.

[BrewMaster]

they also said in 2017 when bitcoin went up too much they said it would reach 300 thousands but it didn't happen it fell and it even berish before going up again..so I don't believe in what they said

there is a HUGE difference between saying that after 13230% rise it will continue to rise  another 1400% and saying after only 500% it will continue rising to reach that 13230%.

you have to know your timings. at the end of the bubble cycle in 2017 (13230%) there was not much room left to rise anymore.
but when the bull market and the next bubble cycle is just getting started (500%) there is a lot of room to rise before it starts even showing any signs of falling.

[Kong Hey Pakboy]

There are many people saying the bitcoin bull run Will not stop and it will break 30k in 2021 what is your opinion?

From my perspective, it would be unlikely to happen, for the bitcoin bull run will not stop because bitcoin's price is very unpredictable due to its volatility that no one can exactly say when will it go up or down. Also, bitcoin hitting the $30K price next year of 2021 could be possible if the bull run would continue, but as I said before, it is tough to conclude that it will not stop, so let's just hope that we can see bitcoin's continuous growth.

[darewaller]

There are many people saying the bitcoin bull run Will not stop and it will break 30k in 2021 what is your opinion?

I would say $30k is the logical next step, we already got very close to $25k anyway, so if it reaches to $25k that would be awesome but it wouldn't be really news worthy because we moved beyond $23k once already, we can go to $25k and it would not be a goal, it would be something that is already expected come to fruit and that's it.

However over $30k is something else, we could literally lose 33%+ and would still be at above $20k in that situation, that is huge number and a great way to stop. I do not know what would be higher than that, the first goal should be $30k and that is actually a goal, but maybe we could have higher? Maybe even $40k? But no matter how higher it is, the first goal is certainly $30k for me.

[Reid]

I'll take $30k as reality rather than $500k and 1M. 
We could see it accumulates a large amount in just a manner of time but there is always a limit to it.
When it breaks an amount that is difficult to buy then demands will be slower.
This takes it to another year of slow pace volatility.
It happened this year at around 7k-9k and it stayed there for quite some time.
I think next year will be a fight for breaking $30k until December 2021.

[thecodebear]

The next target, maybe even this month before 2021 begins, I would say is $25k - $30k. I could see it going to $25k or so this month and then a correction happening in January to $16k-$18k range. The next surge after this in winter/spring I would think maybe $40k would be a good local top before another correction. For the whole year $100k, or a bit over, is the obvious target to conclude the market cycle.

[pixie85]

I am really dumb this time.
I really expecting that Bitcoin will not create a new all-time-high before the this year end. But this time I will not underestimate Bitcoin. When we are talking $30,000 it is really possible this time, look when Bitcoin reach $20,000 it pumped upto around $23,000. This is hilarious, this kind of price action is something similar when Bitcoin trading around $12,000 - $15,000.

I thought the same that we'd be consolidating below 20 thousand for about a month and maybe make a move in January/february. It's much too early in my view and I really can't say much about the price.

Most people await 25 thousand at this point so we'll probably correct before that. I feel like we're in the same spot as we were in 2017 right after breaking 1000. We had an instant small correction and then went to 3000 and corrected again and a few months later begun the big rally.

If we begin that rally now we'll probably go to 50000

[Lucius]

I'll take $30k as reality rather than $500k and 1M. 
We could see it accumulates a large amount in just a manner of time but there is always a limit to it.
When it breaks an amount that is difficult to buy then demands will be slower.
This takes it to another year of slow pace volatility.
It happened this year at around 7k-9k and it stayed there for quite some time.

For the average small investor, the price of Bitcoin has long since become too high to buy some significant quantities - but on the other hand it has become very tempting to sell what it has kept for years. If we look at who is currently investing in Bitcoin, then we see that these are companies and funds that have assets measured in tens or even hundreds of billions of $ - do you think it is a problem for them to buy BTC for $30k or even $50k? Therefore, I think that this trend will not stop just like that, in fact it has just begun and will probably reach its peak next year.

I think next year will be a fight for breaking $30k until December 2021.

From $5000 to $23 500 in one year, and then the whole next year fighting to reach just $30 000 (from the current point of view)? As pixie85 is saying, we are now in the same place we were in late 2016/early 2017 - so while some figures seem unrealistic, one shouldn’t be too modest either, yet here we are talking about Bitcoin.