$80k within 6 weeks, new ATH October 2021

[slaman29]

No, I totally understand your point, you posted it when we are still in the super fast rally, and then we went into a period of consolidations. But with the current hype of Elon Musk and his Tesla, we could at least hit $56k-$60k. And if you remove the consolidation phase in your prediction, we might as well be in the $70k-$80k at least.

A good $50k'ish wont be bad though till Feb 18th right? And then we work on till $70k-$80k as you predicted.

Absolutely good news if 50k is still in March. This rally is bigger in terms of dollar amount so naturally, it will take a longer time but the other good thing for me is it's not going up super crazy (ok except for days like Elon's pump) because we all know when it goes up so fast in percentage the fall is even harder and more painful to deal with later on.

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[TravelMug]

No, I totally understand your point, you posted it when we are still in the super fast rally, and then we went into a period of consolidations. But with the current hype of Elon Musk and his Tesla, we could at least hit $56k-$60k. And if you remove the consolidation phase in your prediction, we might as well be in the $70k-$80k at least.

A good $50k'ish wont be bad though till Feb 18th right? And then we work on till $70k-$80k as you predicted.

Absolutely good news if 50k is still in March. This rally is bigger in terms of dollar amount so naturally, it will take a longer time but the other good thing for me is it's not going up super crazy (ok except for days like Elon's pump) because we all know when it goes up so fast in percentage the fall is even harder and more painful to deal with later on.

Yes, the whole idea of pump and dump in bitcoin market is not good in my opinion, as we have seen in the past. And as the price inches closer to $50k the growth will have to slow down, that is the economics of the market and it's better to see the price going in it's natural path and not going super crazy except if there is really a good news and many are in the FOMO state. But the effect, specially for newbies will be harder and painful if the prices goes on a dramatic crash.

[SquallLeonhart]

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 just wanted to tell that even though bears are almost always wrong, we get to have fun about it anyway . So, let's say there are some bear people who say bitcoin will be 1k in 6 months, I check their topic and I see 100 people writing how wrong that person is, which is quite frankly incredibly funny. Which is exactly why I want to see these type of topics, that makes things a lot easier and fun.

But if one day a bear says it will be 10k and everyone agrees? That means market sentiment has changed and bitcoin will be very low in the near future. So bears are not always right, and not only we should let them speak, but we just see what the market response to them is, if people suppose them, maybe it is time to sell your coins as well. Otherwise in times like these? Bears are just things we have fun with.

[Questat]

No, I totally understand your point, you posted it when we are still in the super fast rally, and then we went into a period of consolidations. But with the current hype of Elon Musk and his Tesla, we could at least hit $56k-$60k. And if you remove the consolidation phase in your prediction, we might as well be in the $70k-$80k at least.

A good $50k'ish wont be bad though till Feb 18th right? And then we work on till $70k-$80k as you predicted.

Absolutely good news if 50k is still in March. This rally is bigger in terms of dollar amount so naturally, it will take a longer time but the other good thing for me is it's not going up super crazy (ok except for days like Elon's pump) because we all know when it goes up so fast in percentage the fall is even harder and more painful to deal with later on.

Yes, the whole idea of pump and dump in bitcoin market is not good in my opinion, as we have seen in the past. And as the price inches closer to $50k the growth will have to slow down, that is the economics of the market and it's better to see the price going in it's natural path and not going super crazy except if there is really a good news and many are in the FOMO state. But the effect, specially for newbies will be harder and painful if the prices goes on a dramatic crash.

They will certainly experience that pain if they will not be careful when riding.

The idea is bad if they think that buying at this time is good for long term hold, they'll experience the market crash and that might affect the way they think on the future of bitcoin once the crash will start, in here, we call that correction but since they are new, they'll call it a market crash with a worry that the market will not anymore recover.

[blue_nexus15]

Man, this is the weirdest bear market I've ever seen.  Huh.  I guess I'll just keep hodling. 

The bears, I guess, hibernated.  Whenever the market is healthy for a strong rally and good psychological support, it will be the right space for this moving trend.  With a strong breakout, this week bitcoin moves and occupies between 47k and 49k $, which would be a pity if $ 50k is removed for a new peak.  Exactly what the wait made me suspect.  Elon Musk has become the focus of this picture.  So maintain and be patient.

[NeverSop]

So, is this prediction still on since we have been a major move today as far as the price goes?

I think we will have a continues prediction this year because the market has no plan in stopping the surprises , Imagine today we reached another ATH at 46,000$? damt thats a too high amount.

Too high that it will soon break to $50k, this is a remarkable price because people does not believe that $100k is achievable, but when we are at over $50k, things would be easier. Remember, we reach $20k and we did not expect to see a double of price at that ATH.

As others have pointed out, in the last three weeks, it seems that bitcoin is on the consolidation phase and now we have seen the break out run that we are all been waiting for. Next target for this rally is $40k-$50k now, easily achievable within the next week or before the end of February if FOMO will sets in again.

The past 4 weeks actually , But now we Have broken the 45,000$ so lets see what happens this Whole week since we are just starting  

It all fueled by tesla's announcement, they are the reason why it pump and they are also the reason why this market could probably dump, if you know what I'm saying.

If it is self-characteristic motivates an excitement. I think there are no more points to buy that are worthy of the slide. $ 50k has soon hatched for today after a week of shortening the range. Not just Tesla and Elon, it's natural to be happening earlier. All good things )

[bitgov]

The idea is bad if they think that buying at this time is good for long term hold, they'll experience the market crash and that might affect the way they think on the future of bitcoin once the crash will start, in here, we call that correction but since they are new, they'll call it a market crash with a worry that the market will not anymore recover.

Whether or not now is a good time to buy will depend on what level grows new ATH. If it turns out that the market collapses after ATH is at the level of $ 0- $80k, it is actually a bad time. However, if the price rises to $300k, it will all depend not on whether someone buys now, but when they sell it.

[Questat]

The idea is bad if they think that buying at this time is good for long term hold, they'll experience the market crash and that might affect the way they think on the future of bitcoin once the crash will start, in here, we call that correction but since they are new, they'll call it a market crash with a worry that the market will not anymore recover.

Whether or not now is a good time to buy will depend on what level grows new ATH. If it turns out that the market collapses after ATH is at the level of $ 0- $80k, it is actually a bad time. However, if the price rises to $300k, it will all depend not on whether someone buys now, but when they sell it.

$300k, I can't imagine it happening now, we saw how bitcoin reach $50k but I think it will not easily reach $100k, so $300k is just too much this year. I don't want to be extra bullish when the market is already bullish, I'm learn my lessoned in the past, it's not good, unless your are a day trader.

[Kemarit]

The idea is bad if they think that buying at this time is good for long term hold, they'll experience the market crash and that might affect the way they think on the future of bitcoin once the crash will start, in here, we call that correction but since they are new, they'll call it a market crash with a worry that the market will not anymore recover.

Whether or not now is a good time to buy will depend on what level grows new ATH. If it turns out that the market collapses after ATH is at the level of $ 0- $80k, it is actually a bad time. However, if the price rises to $300k, it will all depend not on whether someone buys now, but when they sell it.

$300k, I can't imagine it happening now, we saw how bitcoin reach $50k but I think it will not easily reach $100k, so $300k is just too much this year. I don't want to be extra bullish when the market is already bullish, I'm learn my lessoned in the past, it's not good, unless your are a day trader.

If you have to look at the @fillippone thread, Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity, the first target will be $55,000, which I think is doable.

Then we have the $100,000 prediction if the model follows the 2017 bull run. Or $288,000 if it follows the 2013 bull run. So there's a lot of scenario and prediction, but I like what I'm seeing based on S2F model more than other so called experts out there.

[fillippone]

If you have to look at the @fillippone thread, Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity, the first target will be $55,000, which I think is doable.

Then we have the $100,000 prediction if the model follows the 2017 bull run. Or $288,000 if it follows the 2013 bull run. So there's a lot of scenario and prediction, but I like what I'm seeing based on S2F model more than other so called experts out there.

Thanks for pointing to my thread. Please bear in mind that Stock to Flow is not a model for trading but only to assess bitcoin long term value and large swings from market value are possible.
So use it for hodl, not for day, or even medium term trading.

[jaberwock]

Man, this is the weirdest bear market I've ever seen.  Huh.  I guess I'll just keep hodling. 

The bears, I guess, hibernated.  Whenever the market is healthy for a strong rally and good psychological support, it will be the right space for this moving trend.  With a strong breakout, this week bitcoin moves and occupies between 47k and 49k $, which would be a pity if $ 50k is removed for a new peak.  Exactly what the wait made me suspect.  Elon Musk has become the focus of this picture.  So maintain and be patient.

I have to say winter is the best month they love so much. Most of the time it is the winter that causes bear to start and spring that makes it go back up a bit more, that was at least the case in many years before, and for example in 2018 winter we have seen that 20k become under 12k price by march as well, suddenly dropped nearly 50%+ in just 2 months.

In any case I believe all these huge rallies and new purchases and many other things did triggered the price to be something much better and that hasn't stopped yet, we still have a lot of situations like that going on right now and I do believe that it will impact very well for us as long as they keep buying and this drop will not come any time soon as long as they continue to do this. All we need is this bull buyers to keep buying and specially the big companies.

[bitgov]

The idea is bad if they think that buying at this time is good for long term hold, they'll experience the market crash and that might affect the way they think on the future of bitcoin once the crash will start, in here, we call that correction but since they are new, they'll call it a market crash with a worry that the market will not anymore recover.

Whether or not now is a good time to buy will depend on what level grows new ATH. If it turns out that the market collapses after ATH is at the level of $ 0- $80k, it is actually a bad time. However, if the price rises to $300k, it will all depend not on whether someone buys now, but when they sell it.

$300k, I can't imagine it happening now, we saw how bitcoin reach $50k but I think it will not easily reach $100k, so $300k is just too much this year. I don't want to be extra bullish when the market is already bullish, I'm learn my lessoned in the past, it's not good, unless your are a day trader.

If you have to look at the @fillippone thread, Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity, the first target will be $55,000, which I think is doable.

Then we have the $100,000 prediction if the model follows the 2017 bull run. Or $288,000 if it follows the 2013 bull run. So there's a lot of scenario and prediction, but I like what I'm seeing based on S2F model more than other so called experts out there.

Of course the scenarios can be different. This is what I meant in my earlier comment. For someone who buys now and the bull run will end up at $70k and won't sell, it will be a bad time to buy, but if the optimistic scenario is right, buying now is a very good time. It all depends on what we believe. Actually as in any investment.

[Dollar_Hunter]

The idea is bad if they think that buying at this time is good for long term hold, they'll experience the market crash and that might affect the way they think on the future of bitcoin once the crash will start, in here, we call that correction but since they are new, they'll call it a market crash with a worry that the market will not anymore recover.

Whether or not now is a good time to buy will depend on what level grows new ATH. If it turns out that the market collapses after ATH is at the level of $ 0- $80k, it is actually a bad time. However, if the price rises to $300k, it will all depend not on whether someone buys now, but when they sell it.

$300k, I can't imagine it happening now, we saw how bitcoin reach $50k but I think it will not easily reach $100k, so $300k is just too much this year. I don't want to be extra bullish when the market is already bullish, I'm learn my lessoned in the past, it's not good, unless your are a day trader.

If you have to look at the @fillippone thread, Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity, the first target will be $55,000, which I think is doable.

Then we have the $100,000 prediction if the model follows the 2017 bull run. Or $288,000 if it follows the 2013 bull run. So there's a lot of scenario and prediction, but I like what I'm seeing based on S2F model more than other so called experts out there.

Of course the scenarios can be different. This is what I meant in my earlier comment. For someone who buys now and the bull run will end up at $70k and won't sell, it will be a bad time to buy, but if the optimistic scenario is right, buying now is a very good time. It all depends on what we believe. Actually as in any investment.

Don't buy big capital at a price of $ 50k, a bad scenario could dump up to a strong support of $ 20k - $ 22k,
it would be terrible to see the dump price to the bottom, yes it is a bad scenario, so remember not to be greedy if you have achieved profits ,
we have entered the bullish season but a big correction occurred, because the bullish path must always be filled.

[StreakW]

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.

In February we reach $50K, so in October is makes sense if Bitcoin reaches $70K-$80K. I don't say that this will come true but your prediction is relevant. Maybe for some people, this is important but for me is not truly important. I will keep buying as much as I can, and keep HOLD it until my target reaches

[TravelMug]

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.

In February we reach $50K, so in October is makes sense if Bitcoin reaches $70K-$80K. I don't say that this will come true but your prediction is relevant. Maybe for some people, this is important but for me is not truly important. I will keep buying as much as I can, and keep HOLD it until my target reaches

More than $70k-$80k in my opinion, bitcoin is really moving into the best asset right now, more than gold. And Gold price compare to bitcoin is going down, while we are up to $51k and counting. So we might be on the way to 6 digits at the closing of the year. Good for HOLD'ers, just continue to stack sats because we are going to get a big surprised in the next coming months. As more money are going to come in the market, big money specially from companies and institutions.

[Fredomago]

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.

In February we reach $50K, so in October is makes sense if Bitcoin reaches $70K-$80K. I don't say that this will come true but your prediction is relevant. Maybe for some people, this is important but for me is not truly important. I will keep buying as much as I can, and keep HOLD it until my target reaches

More than $70k-$80k in my opinion, bitcoin is really moving into the best asset right now, more than gold. And Gold price compare to bitcoin is going down, while we are up to $51k and counting. So we might be on the way to 6 digits at the closing of the year. Good for HOLD'ers, just continue to stack sats because we are going to get a big surprised in the next coming months. As more money are going to come in the market, big money specially from companies and institutions.

With this current setup, there are many institutional investors who are venturing to this market. Seeing best potential growth they are now starting to realize how big  this asset will turned to. I'm sure that those known names will not risk their invested money and their own name for the sake of nothing, they are here to play business and to start venturing and grinding the big possibilities of more money to bank around.

Knowing those influencial people and their characteristics, they are here for business and from that point, those who follows them will also going to follow their investment. Continue being positive and allow things to happened while you are holding your assets, who knows how far in can grow. Best of luck hodlers!

[Kemarit]

If you have to look at the @fillippone thread, Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity, the first target will be $55,000, which I think is doable.

Then we have the $100,000 prediction if the model follows the 2017 bull run. Or $288,000 if it follows the 2013 bull run. So there's a lot of scenario and prediction, but I like what I'm seeing based on S2F model more than other so called experts out there.

Thanks for pointing to my thread. Please bear in mind that Stock to Flow is not a model for trading but only to assess bitcoin long term value and large swings from market value are possible.
So use it for hodl, not for day, or even medium term trading.

Thanks for clearing that up as well, I forget to include it in my previous post. And yes, this model is not for short term but rather for HODLers out there. And so far so good, but I will admit that I'm a little hesitant when I saw it the first time. But now it seems that the model is perfectly creating a long term scenario leading to 6 digits price of bitcoin in the next coming months.

Short term goal though looks very easy to us, $60,000-$80,000 in the next three months.

[Janation]

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 think we're closing to hit this prediction.

The price is closing to $55K and seeing the price still going strong for sure, we will hit $60K. Although we don't know when all we know is that there are a lot of new interests going around to some known investors that might push further the price that might even reach the price this year at $100K. Seeing the price and this prediction is so nice.

[BChydro]

In February we reach $50K, so in October is makes sense if Bitcoin reaches $70K-$80K. I don't say that this will come true but your prediction is relevant. Maybe for some people, this is important but for me is not truly important. I will keep buying as much as I can, and keep HOLD it until my target reaches

We already crossed $50k and it is hard to predict on which direction it will take in the next few months. The news coming out right now are great and the market is responding along with that and i have seen the past rallies and when ever the price rallies we always hear great news and once the market turns to red then all the complaints start to follow. I am not investing like you when the price rallied this much but waiting for the correction  if i ever invest again.

[StreakW]

Recently, I never hear any bad news or FUD about Bitcoin, and if continue like this $80K is easy to reaches, No need to wait until October maybe we can reach it faster. I see many market corrections of Bitcoin, but the price easily continues growing. So potential to reach $80 is easy before October