enhu
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January 09, 2021, 09:57:27 PM |
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I would expect the altcoins I hold for years will get the same amount back in the old bullrun before it pops again. $100,000 seem to be the number where articles sites are reporting. It could just be for the FOMO but probably less than $100k but more than 50K as well. I think in 2021 we can easily reach the price of 300-350 thousand per bitcoin. This may be possible as the Bitcoin distribution model speaks volumes.
I've seen a bullish guy who told us that it would reach that high. Of course we like its price higher.
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seleme
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January 09, 2021, 10:47:35 PM |
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I can explain a thousand reasons why BTC will not stay above $50000 longer than 3 days, the crash will happen right after the whales eat the balances of small traders in order to gain liquidity. The false breakouts may happen and the same fake breakouts are the salt of the uptrend. Regarding the ATH price this year, I don't think the BTC price will climb higher than $70000.
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fauzan123
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January 09, 2021, 11:23:38 PM |
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The CEO of the US Binance branch, Catherine Coley, sees the ongoing bull run as an indication that the most popular cryptocurrency could reach a price of up to $100,000 by 2022. I tend to agree with her. "Where maybe we thought maybe $50,000 made sense, this number is definitely going to be a little bit higher than that in my opinion." "I think we’re going towards $75,000 to $100,000 for Bitcoin by the end of 2021."source: https://cointelegraph.com/news/binance-us-ceo-predicts-100k-bitcoin-by-2022Anything can happen, But the ATH target I gave is $ 50k more likely to happen in the near future. Of course this could be a strong resistance to be broken, because the movement of bitcoin has also experienced wave 5 so it is not impossible that it will experience a correction until the middle of the next year.
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ReiMomo
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January 09, 2021, 11:37:49 PM |
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I can explain a thousand reasons why BTC will not stay above $50000 longer than 3 days, the crash will happen right after the whales eat the balances of small traders in order to gain liquidity. The false breakouts may happen and the same fake breakouts are the salt of the uptrend. Regarding the ATH price this year, I don't think the BTC price will climb higher than $70000.
I guess $70k is a reasonable price for the new ATH. Bitcoin was now have gained too much appreciation by the people because of the price increase too much, I know people are right after the profit they will get and investing in bitcoin, that is why the price keeps pumping in the market. I believed that the bitcoin price will hard to crash out, bitcoin now has a lot of adoption, from private to public institution they are all in bitcoin. I guess, the correction is normal but then it will keep moving forward. I guess it would be $100k by the end of this year and that could be a new ATH.
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MCobian
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January 09, 2021, 11:49:11 PM |
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We all realize that it is impossible throughout the year the price of Bitcoin continues to rise, so with an increase that is already very high, in the near future Bitcoin will fall in price. That's why I think this year's all-time high is very reasonable at $ 50,000 - $ 60,000. But my prediction might be wrong, because it is very difficult to predict the movement of Bitcoin.
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michellee
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January 10, 2021, 07:24:49 AM |
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We all realize that it is impossible throughout the year the price of Bitcoin continues to rise, so with an increase that is already very high, in the near future Bitcoin will fall in price. That's why I think this year's all-time high is very reasonable at $ 50,000 - $ 60,000. But my prediction might be wrong, because it is very difficult to predict the movement of Bitcoin.
$50,000-$60,000 will be the next target price for bitcoin that needs to break. If that price can reach this year, then I think the price can increase more than that price. I think maybe the price will increase from $60,000-$70,000. We can only predict the new ATH, but we do not know the truth, and we can speculate on the price. We already see bitcoin break $30,000-$40,000, and the price now is at $40,000 and $41,000, so that can trigger the price to hit the new ATH soon.
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seleme
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January 10, 2021, 10:46:25 PM |
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I can explain a thousand reasons why BTC will not stay above $50000 longer than 3 days, the crash will happen right after the whales eat the balances of small traders in order to gain liquidity. The false breakouts may happen and the same fake breakouts are the salt of the uptrend. Regarding the ATH price this year, I don't think the BTC price will climb higher than $70000.
I guess $70k is a reasonable price for the new ATH. Bitcoin was now have gained too much appreciation by the people because of the price increase too much, I know people are right after the profit they will get and investing in bitcoin, that is why the price keeps pumping in the market. I believed that the bitcoin price will hard to crash out, bitcoin now has a lot of adoption, from private to public institution they are all in bitcoin. I guess, the correction is normal but then it will keep moving forward. I guess it would be $100k by the end of this year and that could be a new ATH. $100k is also possible but the FUD around the cryptocurrencies will begin soon, from my past experience. The new ATH is possible but not in the same market cycle, BTC will cool off in a few weeks. The market correction of today was the sign of a huge price drop and any bad news can accelerate the drop. Dominance will fall and the price will go deeper than the last support line on charts.
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makishart
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January 11, 2021, 03:36:33 AM |
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41k should be the ATH and we are heading toward another bearish trend again. it will never surpass 50k until the next halving. The chart is telling us to go out from the market. I will not believe if bitcoin can touch 50k or more. if bitcoin can't bounce back again into the 40k rate and the same story will be happening like a few years ago when the bearish trend started to come started from january until the end of 2021. This is the possible scenario for bearish trend.
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Shakazs
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January 11, 2021, 09:23:44 AM |
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The price will certainly not go beyond 50k because that would just be ridiculous and bitcoin itself would lose its value and that would not eb something that those running bitcoin would want to happen. Everything always has its limit and so do bitcoin. They always have to take aon overview of everything that revolves around bitcoin and one of the major things that revolve around bitcoin si people. The more people there are the better the bitcoin market is and that is what is really important. If bitcoin raises its standards then there will not be a level playing field for the bitcoin traders and so the high rise th some people think maybe will never come to be no matter what happens.
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Cryptof11k
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January 11, 2021, 12:50:31 PM |
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I believe Btc would close the year at $100 per Btc I believe
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freedomgo
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January 11, 2021, 03:01:44 PM |
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my vote is "$ 40.001 - $ 50.000"... We are already at $40k more, I mean that's our ATH, and if bitcoin will correct this year or let's say a big correction, it will not recover directly this year, it will take a year or two before breaking its current ATH, just like what we witnessed this year.
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Sternbinder
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January 11, 2021, 03:11:30 PM |
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What he has aid is true. There's a limit through which bitcoin cannot rise any further. That is because if the price of bitcoin is that high then thee will not eba lot of people who will be able to afford it and that means there will be less traders because most of the trades are not that high class if you take a look around. The price has to be regulated ad as much as some people may want the price to rise it will never do that because it will be a disadvantage to bitcoin itself because it has to be used by people and not persons for it to have value. There are therefore measures in place to make sure that the price doesn't go way ahead than necessary.
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MonaLeeTracy
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January 11, 2021, 03:49:59 PM |
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I can explain a thousand reasons why BTC will not stay above $50000 longer than 3 days, the crash will happen right after the whales eat the balances of small traders in order to gain liquidity. The false breakouts may happen and the same fake breakouts are the salt of the uptrend. Regarding the ATH price this year, I don't think the BTC price will climb higher than $70000.
I also sometimes have wild ideas about increases in cryptocurrency since the existence of futures makes the current price increase quite high. It is not impossible in the future the current ATH price will be able to penetrate to be able to penetrate traders' liquidation and vice versa the price will be at the dump according to the whales
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Renampun
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January 11, 2021, 03:50:39 PM |
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...
I also chose $ 100k-120k to be Bitcoin value in December this year... 2020 only repeats last 2016, and this year will repeat 2017. based on the S2F model in 11 months longer will we see the Bitcoin price continue to climb and pass $ 50k, really a nice view.
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seleme
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January 11, 2021, 09:38:40 PM |
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...
I also chose $ 100k-120k to be Bitcoin value in December this year... 2020 only repeats last 2016, and this year will repeat 2017. based on the S2F model in 11 months longer will we see the Bitcoin price continue to climb and pass $ 50k, really a nice view. I liked your analysis method and using past market behavior for applying in the current market price model. During the last bull market, almost all altcoins are dumped and sold by investors in order to invest more in BTC. The recent rally will end soon and the price will touch $25k, later the second wave of the uptrend can take BTC up to $60k.
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el kaka22
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January 12, 2021, 06:52:02 AM |
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The price will certainly not go beyond 50k because that would just be ridiculous and bitcoin itself would lose its value and that would not eb something that those running bitcoin would want to happen. Everything always has its limit and so do bitcoin. They always have to take aon overview of everything that revolves around bitcoin and one of the major things that revolve around bitcoin si people. The more people there are the better the bitcoin market is and that is what is really important. If bitcoin raises its standards then there will not be a level playing field for the bitcoin traders and so the high rise th some people think maybe will never come to be no matter what happens.
Why would 50k be ridiculous? I mean we were at 10 price in September, in 4 months we have become 40k, that is 4 times the increase in just 4 months. People need to realize that nothing is "impossible" in bitcoin because everything is technically possible, but if we are not talking about silly stuff like some crazy people, like "bitcoin will be 1 billion dollars" type of people, then we should look at how realistic it is. If we managed to go from 10k to 40k, then 50k is not ridiculous at all, it is quite close and I would say it could very well happen, that is at least what I believe will happen, obviously I could be wrong but I think it is going to be at around these numbers in less than a month. 50K is definitely doable and not only doable but also our next goal as well. Before all the huge increases we had this period, we had a correction then increased, well we had a correction now and I believe increase is next.
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yhiaali3
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January 12, 2021, 07:00:06 AM |
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For me, I think that Bitcoin can rise between 50-60K $, after that I expect prices to fall back in a scenario similar to what happened in 2018, I mean Bitcoin will drop after it reached ATH significantly and all currencies in the market will follow it as well. These are my predictions but I don't know how long it will take.
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marcbitcoins
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January 12, 2021, 01:12:51 PM Last edit: January 13, 2021, 08:01:09 AM by marcbitcoins |
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Maybe $40,000 to $50,000 will be much possible value although I still doubt it that it will reach the maximum this is because if the Bitcoin will much expensive to purchase then it will be much more difficult for the little investors to invest and these little investors are the majority of the crypto market. If Bitcoin become more expensive they will be force to shift their interest in Altcoins because its much cheaper to purchase for an investment.
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Stalker22
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January 12, 2021, 01:49:09 PM |
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$40,000 to $50,000 will be much possible value although I still doubt it that it will reach the maximum this is because if the Bitcoin will much expensive to purchase then it will be much more difficult for the little investors to invest and these little investors are the majority of the crypto market. If Bitcoin become more expensive they will be force to shift their interest in Altcoins because its much cheaper to purchase for an investment.
I don't know where you got that information from, but are you sure you read it right? All the information available online shows just the opposite and I sincerely doubt that you have researched the topic enough. And as for the rest of your post, I believe investors are intelligent enough to know they don't have to buy "whole" bitcoin. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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TheGreatPython
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January 12, 2021, 03:54:59 PM |
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I am interested to know where you guys think the bitcoin price will go in this bull cycle until the end of 2021? What will be this year's ATH in US Dollar?
Positively speaking, 100k might be reached although it still looks hard because the market cap of Bitcoin is so huge that it takes massive investments to double it up and yeah we have seen a continuous bull run so far but at some point it has to stop realistically speaking which then might be followed by a correction and even a dip. I am not expecting too much but all I wish is that the price doesn't drop too much if at all because when a bear run starts it creates unease despite knowing that it is temporary it still feels terrible. I would rather have a 40k fixed than having reached 80k but a drop to 35k. Lets see how it goes moving forward but guys don't panic if a small dip/correction happens anytime soon.
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