$80k within 6 weeks, new ATH October 2021

[YuginKadoya]

I don't really think it may go beyond the $50,000 USD and on what Bitcoin recently doing it may anytime burst like a bubble for a correction, I guess this is enough ATH for now well because the price is recently stable in going back and forth to $34,000 and $35,000 USD, well at the moment I really want to believe that but in my opinion, it is pretty had to conclude what may happen to the price it may sure go to $80,000 USD but it is still hard to assume for now and it may also become a bubble on sudden fall.

[Myleschetty]

Though, i may not have much knowledge about the market but expecting 2017 market problem this year or the market to reach $80,000 seems lame and it astonished how people sometime predicted the market price.

[Oilacris]

Though, i may not have much knowledge about the market but expecting 2017 market problem this year or the market to reach $80,000 seems lame and it astonished how people sometime predicted the market price.

With just using your own common sense then you can really point out that this market is way too unpredictable and there no way that you can know on what would be the prices ahead.

This is why we do see different numbers and some are way too unrealistic on how the hell they do able to reach off those things without even thinking on how hard we would able to reach out.

Though, we have just thought or just talked about on when 30k where others presume that this will happen on next year to come but it had able to breached in a matter of weeks
which do leaves out the impression that we might really be seeing 80k soon if this movement doesnt change but well we had seen that this wont really be an easy ride.

[MCobian]

Everyone is free to predict the price of Bitcoin, the target of $ 80,000 to be reached as a new ATH in October 2021 looks like it could come true.
Because the beginning of 2021 alone has managed to reach a price of $ 41,000. Even though now it turns out that Bitcoin has experienced
a correction first. But I believe Bitcoin will be back on track in the near future, so take advantage of this correction to buy more Bitcoin. So if
the target $ 80,000 is reached in October 2021 we can make a huge profit.

[Luthier]

I find it hilarious all the people saying we're not going to hit $50k.  Bitcoin doesn't just break a multi-year ATH and then piddle out at 2.5x.  Anyone who knows knows we're going to see 6 digits, probably this year.  The only question is whether it gets there like the 2013 chart, the 2017 chart, or something entirely new.  If this correction goes into multiple weeks, it will start to resemble 2017.  If this week closes green (personally I believe it will but I could easily be wrong), then the 2013 model is more in play.  I don't care either way, it's all upside since I did most of my accumulating under 20k  

[mich]

Anyone who doesn’t think we will see the Bitcoin price reach 50k should not be wasting their times on this message forum.   
Regarding the mentioned target price of 80k by 2021 will not be reached in my honest opinion but its always good when people remain Bullish is this now Bear market.

[marcbitcoins]

I would like to embrace the predicted value but it seems that $80,000 within this year is impossible. The logic is the more the price of Bitcoin will rise up is the more difficult for the small time investors to purchase that is why I see this value is unrealistic like McAfee predicted Bitcoin $1 million by the end of 2020. He even promised to eat his own dick if it doesn't.

[Oasisman]

I don't really think it may go beyond the $50,000 USD and on what Bitcoin recently doing it may anytime burst like a bubble for a correction, I guess this is enough ATH for now well because the price is recently stable in going back and forth to $34,000 and $35,000 USD, well at the moment I really want to believe that but in my opinion, it is pretty had to conclude what may happen to the price it may sure go to $80,000 USD but it is still hard to assume for now and it may also become a bubble on sudden fall.

$50,000 is so close for Bitcoin to reach. The surge ain't done yet, I believe that, because I don't see any dump yet. Instead, it's just market correction which is normal during bullrun.
There are still a lot of reasons for Bitcoin to continue it's run. Institutional investors, rich people, and even retail investors are still accumulating even with the current price range.
Let's just see how Bitcoin move in the next few weeks.

[Luthier]

now Bear market.

I laughed.

[beerlover]

People who are very very bear about bitcoin are still a bit part of the market as well and also the forum. I do not agree with them, I think bitcoin will not be done anytime soon, and it is still recovering as well, there is no way bitcoin will be crashing to 3k-5k levels ever again, that is too far out and we are not going there.

However even if I do not agree with them, I do want them to write here whatever they want for two main reasons, one of them is the fact that we should hear what want to say, we should not silence people, if they want to say something about a price prediction, that shouldn't really be something to be silenced about, it is a tiny deal. Secondly I would want them to write because there are bear people in the market as well, people who short bitcoin too, so I would like to learn their perspective in order to know why they think that way.

[dre1982]

I don't really think it may go beyond the $50,000 USD and on what Bitcoin recently doing it may anytime burst like a bubble for a correction, I guess this is enough ATH for now well because the price is recently stable in going back and forth to $34,000 and $35,000 USD, well at the moment I really want to believe that but in my opinion, it is pretty had to conclude what may happen to the price it may sure go to $80,000 USD but it is still hard to assume for now and it may also become a bubble on sudden fall.

I think we will first see a big dip before going for the $50k. It went up way too fast. We haven't seen a normal correction yet. The recent dip was recovered too fast to be seen as a correction.

[bitzizzix]

I don't really think it may go beyond the $50,000 USD and on what Bitcoin recently doing it may anytime burst like a bubble for a correction, I guess this is enough ATH for now well because the price is recently stable in going back and forth to $34,000 and $35,000 USD, well at the moment I really want to believe that but in my opinion, it is pretty had to conclude what may happen to the price it may sure go to $80,000 USD but it is still hard to assume for now and it may also become a bubble on sudden fall.

I think we will first see a big dip before going for the $50k. It went up way too fast. We haven't seen a normal correction yet. The recent dip was recovered too fast to be seen as a correction.

It looks like the bitcoin drop happened yesterday which I think there will only be a few minor corrections so far.
and bitcoin movement is still normal and continues to pass new ATH for new higher ATH, the good price trend against bitcoin is very strong and we will see the next movement.

[thecodebear]

I find it hilarious all the people saying we're not going to hit $50k.  Bitcoin doesn't just break a multi-year ATH and then piddle out at 2.5x.  Anyone who knows knows we're going to see 6 digits, probably this year.  The only question is whether it gets there like the 2013 chart, the 2017 chart, or something entirely new.  If this correction goes into multiple weeks, it will start to resemble 2017.  If this week closes green (personally I believe it will but I could easily be wrong), then the 2013 model is more in play.  I don't care either way, it's all upside since I did most of my accumulating under 20k  

Seriously. Anyone who has been in Bitcoin since before 2017 understands that $50k is nothing and will be reached soon, and $80k should easily be reached this year as well. Very unlikely this year ends without seeing 6 digits.

My guess is we see something entirely new, neither like 2013 or 2017. Both of those were retail frenzy driven markets. I don't see a "quick" 80% crash coming and then a much higher double top leading to another long term 80% crash like in 2013. And I don't see an over-half-year run-up with a couple durable corrections followed by a huge blow-off top happening like 2017 either. It'll be something different, but the main theme of bitcoin booming will of course be the same.

I think we'll see less volatility now, with market growing larger and institutions providing a solid floor and more of a safeguard against huge corrections or crashes. I think we won't see the old type of hundreds of percent in a month followed by blow-off top. People already know about Bitcoin, so they will get in more gradually, not all at once when suddenly Bitcoin starts being mentioned in the media. They've known about Bitcoin for years now, so new retail money will be more gradual. They will still FOMO in at times and panic sell at times, but it won't be a single huge blow off top and then walking away for years. Plus institutions will slow down if they think a little bubble has been created and then can stack sats lower by just being patient, plus unlike retail investors, institutions are gonna be putting in fractions of a percent of their holdings at a time, not diving in with half their money, therefore the risks are lower, the bubble is smaller, and their is no need for them to panic sell during a drop to deleverage their position.

[thecodebear]

now Bear market.

I laughed.

I laughed too! As long as there are people that think a two day drop is a bear market, there will be opportunities to take these people's money!

[magneto]

Everyone expects a replay of 2017 so this would be a good way for the market to juke expectations.  Think more like 2013 with a big peak early in the year and then a consolidation leading into another $200k+ rally at the end of the year.  The current rally feels like it has too much momentum to be stopped before $70-80k.

Credibility?  Not much but I bought my first Bitcoin in 2013 and I've been watching the market for a long time.  Just putting it out there.

I always found the concept of peak- and bottom-calling ridiculous.

These bull markets occur when people are most irrational, and there is no way to predict with even remote certainty what the price will be in a few months time.

$80k is not out of the question, but with the current conditions trend reversals can be incredibly fast and prolonged.

I'd rather continue DCAing and holding for the long run. Ride out the short term volatility.

[Luthier]

People who are very very bear about bitcoin are still a bit part of the market as well and also the forum. I do not agree with them, I think bitcoin will not be done anytime soon, and it is still recovering as well, there is no way bitcoin will be crashing to 3k-5k levels ever again, that is too far out and we are not going there.

However even if I do not agree with them, I do want them to write here whatever they want for two main reasons, one of them is the fact that we should hear what want to say, we should not silence people, if they want to say something about a price prediction, that shouldn't really be something to be silenced about, it is a tiny deal. Secondly I would want them to write because there are bear people in the market as well, people who short bitcoin too, so I would like to learn their perspective in order to know why they think that way.

I have no power to silence anyone, even if I wanted to.  But OK, I will stop being a dick and let bears be bears  

There is some reasonable chance of this playing out, or it could literally be broken while I post this.  We all know Bitcoin loves triangles.  I don't think it changes my prediction much if at all.  Zooming out, the daily chart looks a lot like the weekly chart from 2015 into the beginning of 2017.



Edit: someone merit me, dammit 

[FaucetKING]

Well, who knows whether it will surpass that point or not ?
Let's not Fomo about this matter buddy, let it gather the interest and let the market get steady then we can talk about 80k and beyond. Don't rush.

[wxa7115]

The growth that occurred in 2017 was speculative, much of the rise was not logical and it was not correct growth as the corrections took place in less than a month.
Reaching the highest peak in 2021 will be faster than 2017, I expect by next May will be our new ATH, followed by very strong corrections.
ATH will be less than 80K$ which will be 70k$.

Things are so uncertain around the world that at this point any kind of prediction is possible, even if institutional investors are not putting as much money in bitcoin as they did when it was cheaper the fact that the governments around the world are still printing a lot of money thinking they are going to solve all of their problems by trying to stimulate the economy means that over the long term the price of bitcoin cannot do anything but to go up.

And if people begin to realize that the wealth that they had been saving in the form of fiat currency is diminishing at an alarming rate then they are probably going to try to do something about it and what better way to protect their wealth than to buy bitcoin? And if that were to happen a prediction of 80k is going to come up very short.

[pixie85]

Whenever we have such retest in short while, the parabolic has not happen and there is hope for higher high, in the parabolic it only touches the height price once then we go to the bear market. The more the retest the more the chances to pump or dump, so we may not know where to go.  This market is different and analyst are struggling, altcoins are struggling more.

That's a very underrated response

Most people that we went 3x from the ATH and think that was the bubble but it wasn't. There was a very similar move in 2017 when the price went from the last ATH of 1 thousand to 3. Then there was a correction because people thought that was it and a few months later it went parabolic.

The fact that we had no real drop and a dead cat bounce yet proves that we are going to see another pump.

[Shasha80]

Currently Bitcoin is still correcting, so this is a good time if anyone wants to buy Bitcoin. Many say the Bitcoin price increase that occurred earlier
this year is very similar to what happened in 2017. But I see the increase now is different from what happened in 2017. The increase in the price of
Bitcoin is now due to many institutions starting to invest in Bitcoin, so the price corrections are quite healthy, so it won't drop below $ 30,000.
Then to achieve the new ATH in October 2021 it can be achieved, for the $ 80,000 target it is not impossible to achieve.