Alucard1
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January 04, 2021, 07:30:34 AM |
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See you in the future! no one knows what will be the value of bitcoin in the future, those advice that were given to you by some person or some experts are good but not that too accurate because of the volatility of bitcoin, some people keep on saying that bitcoin could still go up and can reach $100k which is quite impossible to happen, everything could still happen in bitcoin, it could still go down depending on what whales will do.
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Shasha80
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January 04, 2021, 07:49:00 AM |
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It's true that no one knows how far the price of Bitcoin will go up or even Bitcoin will fall in the near future. We all can only assume without solid evidence, even I believe that even Satoshi Nakamoto may not be able to know the price of Bitcoin in the future. Therefore I prefer the advice that says sell Bitcoin when it reaches the target we want, don't be greedy forcing to HODL Bitcoin. Because many exchanges have warned that investing in Bitcoin is a high risk activity.
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shoreno
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January 04, 2021, 08:11:11 AM |
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It's true that no one knows how far the price of Bitcoin will go up or even Bitcoin will fall in the near future. We all can only assume without solid evidence, even I believe that even Satoshi Nakamoto may not be able to know the price of Bitcoin in the future.
satoshi developed btc and he has the most knowledge in regards to btc . when it comes to pumps , he will know if btc will pump more or not but he wont know the exact value because he wont know if what others are thinking if will they buy or how much they are going to buy but if satoshi decide to break btc , he can easily predict that btc are going to zero because there will be no reason for people to hold or use btc if its broken but theres no way that he will break btc .
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sujon5
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January 04, 2021, 08:27:44 AM |
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Couldn't agree more. No one exactly knows what Bitcoin price will be in the next period. That's why borrowing money to invest in Bitcoin is a stupid idea.
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irixo10
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January 04, 2021, 08:48:26 AM |
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That is quite true, we are in a type of bull run which is working above everyone's expectations, as Bitcoin just keeps hitting higher and higher, and when it dumps it picks up as well but yet it is good to bear in mind that no one knows the price Bitcoin will get to or dump to. As for the different prices people are setting for it or assuming it gets to, these can be seen to be coming from different categories of people, that is, those who sold early and wishing to get back and those who entered early and wishing for it to keep growing. However, in my own opinion, Bitcoin is a type of coin you can invest whatever you can in, hold long term and relax, because till date it doesn't disappoint long term holders.
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Question123
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January 04, 2021, 09:32:14 AM |
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We do not really know what will happen in the future on the bitcoin value but now we are focusing to the price on we are maintain the price which is hard to achieve so we really need to all what we can to not dump the value. Bitcoin price is really unpredictable because even me I don't expect the price will go to that value but bitcoin shock us because price is rapidly increasing.
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Leviathan.007
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January 04, 2021, 12:34:42 PM |
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You are right, I see many people talking about price here and on tradingview. I would say, there is no way to predict the price unless you came from the future because the market is not really reacting to the mid term resistance areas and breaking any price level easily. Due to increasing the greed between bitcoiners the price can rise even higher because currently people want to buy bitcoin at price and any, this huge amount of demand made the price rise like this and none know when it's going to take a break.
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gurunanakji777
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January 04, 2021, 01:48:52 PM Last edit: January 04, 2021, 02:28:17 PM by gurunanakji777 |
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We never know what will happen in the future. It is a very uncertain market so far and its not easy to predict the market moves. Yes, this time bitcoin aback most of us with a strong rally. Now my perception has been changed about BTC that it can surprise anyone by its moves. If we see the current market scenario we can expect more bull movement in the coming months on the contrary we can see a fall as well.
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fiulpro
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January 04, 2021, 02:50:08 PM |
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Knowing is different but one should understand for a fact that during a pandemic we did hit such high amount. Since years we were talking about ATH and how 2017 was a good year for bitcoins but never expected it to hit 33+. Let me quote something from Investopedia: Theoretically, this price could rise to at least $100,000 sometime in 2021 based on the stock-to-flow model shown above. Some investment firms have made Bitcoin price predictions based on these fundamental analysis and scarcity models. https://www.google.com/amp/s/www.investopedia.com/amp/why-does-bitcoin-keep-going-up-5092683 Now this is one site which does think that bitcoins might increase in price at an incredible rate but that's not so with some others. It's everywhere!! The price of bitcoins and how it's rising drastically have seen a lot of comments about how it would rise and how it would fall or something but at the end of the day I do believe we already have reached a point where people know that bitcoins is here to stay and bitcoins is going to be something of the future. We can keep checking the market every two minutes and will still miss a lot! It's not a perfect science.
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AakZaki
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January 04, 2021, 03:09:03 PM |
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yes no one will know about the future. But the function of technical analysis is to know the signs that will happen in the future. Everything will also be related. Although the predictions made are not 100% correct, they are only a description of what will happen next. many people began to speculate according to their predictions. Bitcoin's rise to the highest ATH in 2021 is incredible and I also had a prediction that it would hit a price of over $ 30k.
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BrewMaster
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January 04, 2021, 03:42:20 PM |
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it is never about knowing the future price or even predicting it accurately but it is always about speculating about what is the most possible price that can be reached in the near future. and that is mostly what people mean when they start topics such as the ones you have seen.
for example right now we can speculate that with the current strong trend and the way people have been buying bitcoin there is a good chance that the $30k price is the new bottom and a strong resistance. from there we can speculate about where the price is going and try to guess when another ATH like $40k is reached.
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There is a FOMO brewing...
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Dsdaq
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January 04, 2021, 04:33:42 PM |
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Currently no one can actually tell the price of BTC it's all base on speculations. We should let time work everything out gradually and let see how far it can take us. In crypto world anything is possible...
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Wysi
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January 04, 2021, 07:02:40 PM |
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Yes, its usual case whenever Bitcoin pumps we might see numerous threads with some realistic and unrealistic predictions vice versa when it dumps. This bull run is entirely different than the one we witnessed in 2017 and either Bitcoin will cross an unexpected figure which we wouldn't have assumed just like it crossed $34k before dropping a bit when we were expecting Bitcoin to cross $10k around December 2019 - January 2020, but what happens if it drops down which might not happen immediately but eventually there are chances of dump when investors decide to cashout, what's your though on this?
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carlfebz2
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January 04, 2021, 07:50:49 PM |
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Currently no one can actually tell the price of BTC it's all base on speculations. We should let time work everything out gradually and let see how far it can take us. In crypto world anything is possible...
This market had been unpredictable since from the beginning and if it was predictable then majority of us now are rich ones yet we would able to know on where it would be going. Also, it cant be called a market if price movements were known.We had been dealing with countless numbers of speculations and presumptions towards the price. No one will know on what would happen next in the market but we can somewhat assure or do presume that this one is really having some big potential as we saw that big companies now are trying to adopt it.
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tabas
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January 04, 2021, 11:28:16 PM |
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Yes! That reminder should be extracted and taken of those people that are expecting it to crash. Whether it will be back to $20k, well that's still an ATH price of the past and is a good price, isn't it? We have no idea how long this bull run would last but we're all feeling the same that there's a bigger price and crazier run that it will bring for the rest of this year.
Well, that is right. No one really knows the bitcoin price and see what is in the future of bitcoin price. I always these words that bitcoin is unpredictable and no one knows, good thing there's a thread like this so that members will ask repeatedly about the future of bitcoin even though it is clear that it is really unpredictable. But every one of us is free to predict the market price, we are entitled to do this either your prediction is negative or positive towards bitcoin price. It is unpredictable all of the time. This time it is still the same in a positive manner, unpredictable in a good manner. We all like how bitcoin is like that. The support seems to be $29k and that's still a good price knowing that this is just the start of the year. And last year the lowest was $4900. That's quite a good deal, right? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Wisbrown
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January 04, 2021, 11:37:11 PM |
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In investing on bitcoin one should not be afraid of the present price but understand that is a long time investment. Is a nature of bit coin to rise at anytime, to fall at anytime, and to rise again at anytime
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Yatsan
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January 04, 2021, 11:50:45 PM |
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People have different perspectives regarding on what will be the possible or future price of Bitcoin if it will get into a dip or bubble just like what happened to year 2017 recorded first ATH or it will just continue to rise up now approaching the $40,000 price mark. Even which both sides you do believe, literally and seriously speaking, no one literally knows what could possibly happen on the price of Bitcoin. Most hearsay are just their own opinion, perspective and speculation regarding on the possibilities of outcomes to make happen but no one can truly know what can happen over time. Instead of stressing out on futuristic views, better just focus on the present and seek for better opportunities available to make your funds grow. It will come as it is intended. Better not to rush things out for it will happen in no time.
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samputin
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January 05, 2021, 01:45:35 AM |
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Knowing is different but one should understand for a fact that during a pandemic we did hit such high amount. Since years we were talking about ATH and how 2017 was a good year for bitcoins but never expected it to hit 33+. Let me quote something from Investopedia: Theoretically, this price could rise to at least $100,000 sometime in 2021 based on the stock-to-flow model shown above. Some investment firms have made Bitcoin price predictions based on these fundamental analysis and scarcity models. Theoretically? I wonder what parameters they did or what basis they had to support their own theory ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ? Don't get me wrong I'm curious only. Nonetheless, I hope it will happen for real (cross fingers). I'm glad that I made the right decision — that I continue holding even right after the moment that a new ath recorded. Ooh, there are so many ideas running on my mind already. Because if the price hike continues then I might say that I can already afford a decent vacation using my savings or buy a DSLR and so much more. Seems true that 2021 will be a good year for us.
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█▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | . 1xBit.com | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ | | | | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | │ | | │ | | ! |
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XavierLaurent
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January 05, 2021, 05:51:59 AM |
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Yes, you're correct in that nobody knows about price predictions. True. Still, however, 32k -> 40k is not that big of a jump. 25% is achievable, considering BTC has done 30x over the past few years.
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davis196
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January 05, 2021, 07:04:35 AM |
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Bitcoin made several ATHs this week. (but, still, is undervalued IMO Roll Eyes ) Saying that Bitcoin is undervalued or overvalued is still a speculation,so you are kinda contradicting to yourself. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) There is a Speculation sub-forum,so we can speculate about the future price of Bitcoin there. The problem is that many price speculation threads were posted on other sub-forums,which is kinda annoying. Right now,the price is pretty stable at around 31K USD,so nobody knows where it will go,is the bull run exhausted,is there enough support for higher growth,what caused the bull run...There are too many questions and nobody can answer them.
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