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Author Topic: What Will be the next target of bitcoin in initially of 2021 ?  (Read 140 times)
Murtaza345 (OP)
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December 18, 2020, 05:42:35 AM
Merited by Symmetrick (1)
 #1

There are many people saying the bitcoin bull run Will not stop and it will break 30k in 2021 what is your opinion?
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December 18, 2020, 06:18:05 AM
 #2

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.
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December 18, 2020, 06:29:57 AM
 #3

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.


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December 18, 2020, 06:58:33 AM
 #4

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.

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December 18, 2020, 07:04:19 AM
 #5

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

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December 18, 2020, 07:11:23 AM
 #6

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,  Smiley

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December 18, 2020, 07:19:00 AM
 #7

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.









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December 18, 2020, 07:20:03 AM
 #8

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.

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December 18, 2020, 07:24:23 AM
 #9

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-
Quote

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.

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December 18, 2020, 08:38:43 AM
 #10

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.

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December 18, 2020, 08:48:49 AM
Merited by amishmanish (2)
 #11

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
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December 18, 2020, 08:52:31 AM
 #12

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.

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December 18, 2020, 08:55:00 AM
 #13

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.
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December 18, 2020, 09:36:41 AM
 #14

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.
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December 18, 2020, 11:15:47 AM
 #15

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.
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December 18, 2020, 12:46:05 PM
 #16

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.

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December 18, 2020, 12:47:40 PM
 #17

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.

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December 18, 2020, 01:45:16 PM
 #18

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.

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December 18, 2020, 02:22:00 PM
 #19

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 .

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December 18, 2020, 02:36:22 PM
 #20

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.









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