Bitcoin can hit $50k?

[Kong Hey Pakboy]

I believe Bitcoin could hit the price of $ 50,000 in 2021, especially now Bitcoin is experiencing a correction after successfully reaching an
all time high at a price of $ 41,900. Because every time Bitcoin will rise even higher it begins with a price correction first, I'm sure the Bitcoin
price will soon go up. We just need to be patient, and keep the Bitcoin that we have. If you have extra money you can buy more Bitcoin
at the current price, because now is the right time to buy Bitcoin.

If the current trend continues, I do think that it will go sooner than everyone could expect. You have to be careful about buying at the current price point though, this is the stage where it could go high and low any moment, and if it goes the either way, someone will definitely panic thinking this might be the highest point or this might be a landslide so be careful, if you easily panic when there is a down in prices do not devote all the money you have to buying bitcoin.

We shouldn't buy bitcoin as the price goes up or at its peak because bitcoin is an extremely volatile asset. It is also dangerous if bitcoin will continue to rise that any time bitcoin could go down instantly, so we should not be in a hurry for bitcoin reach its price up to $50K because we might experience a massive landslide to bitcoin's price just like what happened in the year 2017 and 2018.

[zanezane]

~

We shouldn't buy bitcoin as the price goes up or at its peak because bitcoin is an extremely volatile asset. It is also dangerous if bitcoin will continue to rise that any time bitcoin could go down instantly, so we should not be in a hurry for bitcoin reach its price up to $50K because we might experience a massive landslide to bitcoin's price just like what happened in the year 2017 and 2018.

I forgot about that one, but don't you think it is a little different now, last 2017-2018 run, the run ended around January, the prices slowly slumped back but now the prices are still going strong and back then there is also little to no institutional investors willing to gamble their money in something that is FUD infested cryptocurrency. Just hope for the best and good things will follow definitely.

[culuuton]

How do you think when the bitcoin price can hit $50k?

In my opinion bitcoin may reach $50k, it is quite possible this year. Bitcoin price drop is essential, those who believe it will have a chance to hold more, this is a positive factor for the next bull run.

[STT]

50k is possible but my impression is the price action at present is part of the general background picture that must be worked through, people hope for continual gains rather then more boring flow between buyers and sellers.  We only rise alot when demand greatly outweighs the supply available, it might take further time for that to develop again rather then being a constant condition.   Right now the bias is returning to the positive side with 2 day average previously marking highs being challenged, the bigger resistance to the fight this week is overhead still imo.

[Tamim121]

Bitcoin is one of the best and potential coin. Now Bitcoin price is so much volatile. It was hit $40k in this week. I think it is possible to hit $50k as soon as possible. No one can think that Bitcoin can hit 40k in this time. But Bitcoin do that. So hitting 50k is not impossible for Bitcoin.

[KTChampions]

It seems to me that in recent days the probability of such an event has dropped sharply. Judging by the news of the stock market, a trend reversal has begun on most assets, undoubtedly this should affect bitcoin as well. I think that small phases of growth ahead are possible, but in general, there will be a gradual decline now (or the price will fluctuate around some levels).

[Oceat]

It's been two days since the correction occurred and Bitcoin price is hardly moving upward because it's stuck at $35k for now. Bears are trying it's best to make FUD to flush those weaker hands in the group. I believe we are still in a bullish trend that's why $50k is yet to be seen someday. If the trend continues until March we might actually see beyond $50k price but I don't if it's still going to grow until March it seems that there will be a massive correction during that time IMO.

[LUCKMCFLY]

Many tend to panic about the correction, in fact some sell, but I think this movement is to gain more strength and go up, I think that for $ 50k it can arrive and exceed, all scenarios are possible, now what we can do is wait , I do not think bearig trend is entering.

[jostorres]

Bitcoin can hit $50k in the future because we already saw bitcoin can hit $41k. So that can give more chances for bitcoin to increase higher in the future. I think the price will not just hit $50k in the future, but that will be more than $50k. But before we can see bitcoin reach $50k, we need to enjoy this moment because we can buy back bitcoin at $33k. Bitcoin still going down this day, but it is not down too far, so maybe this week, bitcoin can back to the higher price.

That is the good part about bitcoin, it never requires to be the price right now, but we all know it will be that type of price "one day" and that is what matters. I personally think bitcoin will be 50k, and even 60k and even 100k one day, I just don't know when it will do, the only thing people are not sure about the 100k price is the timing, we don't know if it will happen in 2021, or 2025 or 2030 who knows when it will happen but we know it "will" happen one day.

So, the question of "can bitcoin hit 50k?" is definitely a big loud yes, it will definitely be 50k, but the problem we have right now for investing into it would be to not know when it will hit that price, because if it is going to be 50k in a month, we should all invest, but if it is going to be 50k in 3 years, crash now, try to recollect itself for 3 years, go up and down and never become 50k, that means we could invest into something else meanwhile.

[ipanks]

Bitcoin can hit $50k in the future because we already saw bitcoin can hit $41k. So that can give more chances for bitcoin to increase higher in the future. I think the price will not just hit $50k in the future, but that will be more than $50k. But before we can see bitcoin reach $50k, we need to enjoy this moment because we can buy back bitcoin at $33k. Bitcoin still going down this day, but it is not down too far, so maybe this week, bitcoin can back to the higher price.

That is the good part about bitcoin, it never requires to be the price right now, but we all know it will be that type of price "one day" and that is what matters. I personally think bitcoin will be 50k, and even 60k and even 100k one day, I just don't know when it will do, the only thing people are not sure about the 100k price is the timing, we don't know if it will happen in 2021, or 2025 or 2030 who knows when it will happen but we know it "will" happen one day.

So, the question of "can bitcoin hit 50k?" is definitely a big loud yes, it will definitely be 50k, but the problem we have right now for investing into it would be to not know when it will hit that price, because if it is going to be 50k in a month, we should all invest, but if it is going to be 50k in 3 years, crash now, try to recollect itself for 3 years, go up and down and never become 50k, that means we could invest into something else meanwhile.

After the crash yesterday, the bitcoin price only needs 2 days to back to $38k. The price movements show that bitcoin has another good time to increase and lift the price. Sooner or later, the bitcoin price will be at $40k again, and it will reach the other high price, which I think can increase to $45k. After that price, as usual, the bitcoin price will go down and make a correction. At that time, we will not know how much bitcoin price will go down, and we better be prepared to buy bitcoin again.

[namcunguyen]

oh yes it's clear bitcoin will go up to $ 50k, because reportedly the institution started buying bitcoin again when the dump happened 2 days ago at $ 30k- $ 32k, I'm sure bitcoin will hold over $ 30k and go to $ 50k.

If the organizations are buying is true, the price will be driven by them in the future. This is not a good thing, it can easily go up $50k but very easy to bubble.

[arwin100]

oh yes it's clear bitcoin will go up to $ 50k, because reportedly the institution started buying bitcoin again when the dump happened 2 days ago at $ 30k- $ 32k, I'm sure bitcoin will hold over $ 30k and go to $ 50k.

If the organizations are buying is true, the price will be driven by them in the future. This is not a good thing, it can easily go up $50k but very easy to bubble.

Even if no organizations will buy at current rate the chances for the price to reach at $50k still possible we just really need a consistent demand with no fud will float to destroy the rythm of the pump then provably we can reached that far. Remember many doubt that bitcoin will reach to $40k and now same talks but different figures are been speculated and $50k Is close to reality to happen now since bitcoin is bouncing back again.

[Furious 7]

oh yes it's clear bitcoin will go up to $ 50k, because reportedly the institution started buying bitcoin again when the dump happened 2 days ago at $ 30k- $ 32k, I'm sure bitcoin will hold over $ 30k and go to $ 50k.

If the organizations are buying is true, the price will be driven by them in the future. This is not a good thing, it can easily go up $50k but very easy to bubble.

Even if no organizations will buy at current rate the chances for the price to reach at $50k still possible we just really need a consistent demand with no fud will float to destroy the rythm of the pump then provably we can reached that far. Remember many doubt that bitcoin will reach to $40k and now same talks but different figures are been speculated and $50k Is close to reality to happen now since bitcoin is bouncing back again.

It is still a speculation, is it true that there are organizations that buy when prices are down and hold more at a later date? But if this demand is clear enough to increase so much because many are suggesting that going digital to do everything that can also be the best choice for them and the demand is increasing, maybe the news of Fud will not just happen.
I'm just assuring $ 50k, I think this can be achieved. See I also heard that many companies are adopting, is this also important news for the future?

[Pamadar]

oh yes it's clear bitcoin will go up to $ 50k, because reportedly the institution started buying bitcoin again when the dump happened 2 days ago at $ 30k- $ 32k, I'm sure bitcoin will hold over $ 30k and go to $ 50k.

If the organizations are buying is true, the price will be driven by them in the future. This is not a good thing, it can easily go up $50k but very easy to bubble.

If being used by more institutions not just for investment.

The value may rise up to that level, adoptions that results to more people to use this system for their transactions. If businesses will start using the chain for their system it's not hard to keep the momentum and reached more value, bitcoin really surprise  and with that many newcomers are now investing to ride with the popularity.

[Renampun]

*only $50k? I think it's too easy for Bitcoin...
in the future Bitcoin is predicted to touch $ 100k, $ 200k even $ 400k, regardless of whether it may be achieved or not, let's pay attention and prove together.

[KTChampions]

Even if no organizations will buy at current rate the chances for the price to reach at $50k still possible we just really need a consistent demand with no fud will float to destroy the rythm of the pump then provably we can reached that far. Remember many doubt that bitcoin will reach to $40k and now same talks but different figures are been speculated and $50k Is close to reality to happen now since bitcoin is bouncing back again.

Now the price is already high and without demand from large players it cannot hold on for a long time. As you know, the earnings of miners have grown significantly and someone has to buy back what they produce. However, judging by the speed of how bitcoin wins back the fall, the demand is great.

[arwin100]

oh yes it's clear bitcoin will go up to $ 50k, because reportedly the institution started buying bitcoin again when the dump happened 2 days ago at $ 30k- $ 32k, I'm sure bitcoin will hold over $ 30k and go to $ 50k.

If the organizations are buying is true, the price will be driven by them in the future. This is not a good thing, it can easily go up $50k but very easy to bubble.

Even if no organizations will buy at current rate the chances for the price to reach at $50k still possible we just really need a consistent demand with no fud will float to destroy the rythm of the pump then provably we can reached that far. Remember many doubt that bitcoin will reach to $40k and now same talks but different figures are been speculated and $50k Is close to reality to happen now since bitcoin is bouncing back again.

It is still a speculation, is it true that there are organizations that buy when prices are down and hold more at a later date? But if this demand is clear enough to increase so much because many are suggesting that going digital to do everything that can also be the best choice for them and the demand is increasing, maybe the news of Fud will not just happen.
I'm just assuring $ 50k, I think this can be achieved. See I also heard that many companies are adopting, is this also important news for the future?

Speculating the possible scenario is the one we can do for now since everything may change in future and we don't know the outcome if the figures would really came or not, the only thing we need to consider for now is to see if there's more demand will surge today or maybe in future to assume that we really going on that phase.

Also I heard many company plan to adopt but we should not assume unless they officially announced that they adopt it since we might got caught from bad information and got stock for the higher price we bought our coins.

[KennyR]

*only $50k? I think it's too easy for Bitcoin...
in the future Bitcoin is predicted to touch $ 100k, $ 200k even $ 400k, regardless of whether it may be achieved or not, let's pay attention and prove together.

No one is clear about the growth and the way the value is been getting increased. Bitcoin is manipulative, but to such an high value is simply impossible. Everytime the market grow, and marks a new ATH value we'll get to know the potential of bitcoin.

It is true, during the previous bull market of 2017 everyone are into discussion of price reaching $10k and $12k. What we experienced is different. From that point the expectation grew high, and the same made people hope for big. As a result we've experienced a big rise by this bullish trend. Further what gonna happen isn't known, but with what we've reached I'm sure bitcoin will grow much high relative to the level of adoption happening around.

[aioc]

How do you think when the bitcoin price can hit $50k?

There's a possibility that it can hit on the first quarter of the year or the second quarter of the year but I'm 100% sure that it can hit $50k, from $5k to $39k last year even in times of pandemic, now that the world economy will recover because of the vaccine, the market will stabilized and continue to prosper, 2021 will be a great year for the Cryptocurrency market.

[marcbitcoins]

It's amazing that Bitcoin still hit the $20,000 mark and beyond despite of world economic crisis due to Covid 19 so if Bitcoin reach ATH after the difficulties then how much more to hit the $50,000 within this year if everything will back to normal again? Maybe it will be more than that.