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

[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.