The price of Bitcoin broke $40,000 for the first time.

[bitterguy28]

unexpectedly everything is possible when bitcoin price done reaches 40K ,so you are also expecting a price of 100K in this year ,what the growth can make that possible on your estimate?

For me it's only 50k that bitcoin can reach this year , if it will exceed then it must not Go up to that 100k .

we have already saw the maximum capacity of investors and we can't even break the 45,000 so what more that 100,000 even the institutional investors are now starting to gain market percentage .

But nothing is impossible so waiting for the outcome must be the best thing to do now.

[ethereumhunter]

The price of Bitcoin broke $40,000 for the first time.

I estimate that the price of bitcoin this year will move in the range of $100,000 per btc to $200,000 per btc

Unfortunately, after the bitcoin price hit $40,000, the price was down. And now the price stays at $35,000 without any sign to increase again or decrease for more. But I am sure that the bitcoin price will increase, and it will break the other high price because I feel that the bitcoin price will not just stop at $40,000. We need to be patient this time, and we have another time to buy bitcoin at $35,000, so use it for our own good.

[susuberuang]

Actually, it would be great if BTC increased, especially if it has now reached $ 40,000, but if it is not accompanied by the increase in altcoins it feels nil, because so many people want altcoins to increase too, so that there is no gap between BTC and altcoins,  but now BTC has started to fall, hopefully altcoins don't sink ...

[bvoriue]

Based on the three bulls running over the past decade, Bitcoin's current price rally has the potential to peak in December 2021, indicating a move of up to $XXX,XXX (per coin).

[Silberman]

The price of Bitcoin broke $40,000 for the first time.

I estimate that the price of bitcoin this year will move in the range of $100,000 per btc to $200,000 per btc

We will have to see in which stage of the market cycle we are in, some people believe we are in a position similar to the end of 2017, if true then this means that a crash is imminent and that you should prepare yourself to sell your coins, but there are others that believe we are in a position similar to what we saw at the end of 2016 which means that this is just the beginning of the bull run and a price like the one you are predicting will most likely happen during this year.

[lienfaye]

The price of Bitcoin broke $40,000 for the first time.

I estimate that the price of bitcoin this year will move in the range of $100,000 per btc to $200,000 per btc

But there's a correction happened already, this might be due to those investors who take take advantage the increase. The current price is over $34k, still a good value to speculate that we can expect a price surge in the coming days or months.

Anyways I think your price prediction is unrealistic. My guess is we can reach $50k value this year if there's no bad news that can affect crypto as a whole.

[Fatunad]

The price of Bitcoin broke $40,000 for the first time.

I estimate that the price of bitcoin this year will move in the range of $100,000 per btc to $200,000 per btc

Wont really be that simple mate because this would really be just like a roller coaster ride.So you shouldnt expect that we would really be heading up there too fast.

Look at the price now? We are tanking on 30k+ above price which i do consider good and might be preparing for another run but it isnt an assurance.

Its good to see that we do broke up resistances way too fast but always be careful towards your investment decisions.

[bitkanu]

Based on the three bulls running over the past decade, Bitcoin's current price rally has the potential to peak in December 2021, indicating a move of up to $XXX,XXX (per coin).

Bitcoin was not able to bounce back again to the 40k rate and based on my prediction if this year bitcoin will not touch 100k again. It's been a long time since the last dump happened with bitcoin.
When bitcoin gets rally and it doesn't mean the rally will be going for a very long time.
The whales will never pour all of their money to pump bitcoin and crypto.

[MonaLeeTracy]

In fact, I took the increase in the price of btc as a surprise, but I am now shocked to see your topic because it is not possible to take it as easy. I think btc has shown a movement of its price a long time ago but is more likely to eat a cheap in the future so i do not agree with your comment.

Now, in fact, the world has accepted bitcoin as a digital asset that is valuable and has high value. in my opinion at 40K USD as the highest point later in the following year it is not impossible that the price will reach 100K USD, Nothing is impossible now in Cryptocurrency

[marcbitcoins]

I estimate that the price of bitcoin this year will move in the range of $100,000 per btc to $200,000 per btc

Although it really hit the $40,000 but i think it is just temporary because it almost go back to $30,000 again in which it almost create an anxiety to the Bitcoin enthuasiast that might trigger a bearish market again. So I think $100K is impossible because of the sensitivity of the market movement and some Bitcoin events.

[bvoriue]

Based on the three bulls running over the past decade, Bitcoin's current price rally has the potential to peak in December 2021, indicating a move of up to $XXX,XXX (per coin).

Bitcoin was not able to bounce back again to the 40k rate and based on my prediction if this year bitcoin will not touch 100k again. It's been a long time since the last dump happened with bitcoin.
When bitcoin gets rally and it doesn't mean the rally will be going for a very long time.
The whales will never pour all of their money to pump bitcoin and crypto.

Bitcoin's volatility has been declining since its “crazy” ups and downs during the 2017-2018 period. Some pundits believe that this is a sign that the digital currency is finally "maturing".

I am sure the price of bitcoin this year will skyrocket

[tabas]

Now, in fact, the world has accepted bitcoin as a digital asset that is valuable and has high value. in my opinion at 40K USD as the highest point later in the following year it is not impossible that the price will reach 100K USD, Nothing is impossible now in Cryptocurrency

It's not yet being accepted as you've said. Although many have adopted it as an asset and is good for a long term hold as a store of value but not everyone will agree into it.
The price tries to go back near to $40k at this time and $100k is all what we wanted to see very soon. It won't be long, maybe at the end of this year, or half quarter or 3rd quarter, we don't know.

[jaberwock]

The price of Bitcoin broke $40,000 for the first time.

I estimate that the price of bitcoin this year will move in the range of $100,000 per btc to $200,000 per btc

The breaking point was wall street coming into bitcoin and ever since that we couldn't hold bitcoin to a low level, it has increased incredibly. As long as this wall street invasion continues, the price of bitcoin will keep on increasing as well. I would say the best thing we can hope for right now would be both wall street coming in, but also they make the price a lot higher as well for us, and get out if they can without dropping the price too much.

If wall street comes in a lot, makes it 250k per bitcoin, that is not a great thing, that makes newcomers jobs a lot harder, it would be harder to find people who will invest into bitcoin, only big corporations will do it, and that means it would be like fiat, where rich people will make themselves richer while poor people are too poor to get involved and make some money, hence why I think it is both good but also bad.

[ahoenk]

I have predicted it and all of these rising price is because of institiotional company started to buy bitcoin and halving which happen last years, it will goes down littlebit before it can goes above $50k, dont sell your btc now ! Because they will shaken your hand before it rally again.

[RondoAnyar]

The price of Bitcoin broke $40,000 for the first time.

I estimate that the price of bitcoin this year will move in the range of $100,000 per btc to $200,000 per btc

Realistic estimate for btc at this year I think $ 50k I think it's easy to reach. because we know that currently the effect of bitcoin pump and dump is still large, if you expect at a price above $ 100k it seems difficult to be able this year, but we can hope for the good of bitcoin in the future

[Psynthax]

Bitcoin's volatility has been declining since its “crazy” ups and downs during the 2017-2018 period. Some pundits believe that this is a sign that the digital currency is finally "maturing".

I am sure the price of bitcoin this year will skyrocket

Sometimes I wonder and question it to myself whether the volatility has really decreased because of the market matures or it's just because the value of bitcoin is so high $5K down in matter of day is nothing strange any more.
I mean, if the  $5K correction like a week ago were to happen to bitcoin when the price is around $8K i'm pretty sure everyone gonna go crazy but because of its former price of $40K it just looks like a small correction.
Though I'm very sure that the market cap contributes a lot to the reduction of market volatility

[sana54210]

Bitcoin's volatility has been declining since its “crazy” ups and downs during the 2017-2018 period. Some pundits believe that this is a sign that the digital currency is finally "maturing".

I am sure the price of bitcoin this year will skyrocket

Sometimes I wonder and question it to myself whether the volatility has really decreased because of the market matures or it's just because the value of bitcoin is so high $5K down in matter of day is nothing strange any more.
I mean, if the  $5K correction like a week ago were to happen to bitcoin when the price is around $8K i'm pretty sure everyone gonna go crazy but because of its former price of $40K it just looks like a small correction.
Though I'm very sure that the market cap contributes a lot to the reduction of market volatility

Volatility didn't really dropped, just the price got really high and that's it. Moving from 1 dollar to 2 dollar is easy because it takes a lot less money, going from 1 dollar to 30 dollar is still cheap and can be done very easily, but going from 20k to 40k is tough, it did happened very quickly but required tens of billions of dollars. Hence back in the day we had like 30x increases whereas having 4x shocked the world right now, that is the difference we have right now. So, the volatility did dropped obviously but the price amount is super high so the volatility in the dollar amount increased by hundred fold as well.

Someone who had 1 dollar of 1 bitcoin had 30 dollar worth 1 bitcoin, that is only 29 dollar change, but its 30x increase, whereas nowadays someone who had 20k dollar worth 1 bitcoin has 40k dollars worth 1 bitcoin, that is 20 thousand dollar difference but only 2x increase.

[Silberman]

Based on the three bulls running over the past decade, Bitcoin's current price rally has the potential to peak in December 2021, indicating a move of up to $XXX,XXX (per coin).

Bitcoin was not able to bounce back again to the 40k rate and based on my prediction if this year bitcoin will not touch 100k again. It's been a long time since the last dump happened with bitcoin.
When bitcoin gets rally and it doesn't mean the rally will be going for a very long time.
The whales will never pour all of their money to pump bitcoin and crypto.

The truth is that we are facing unique circumstances that make impossible to predict what the market is going to do from now on, while it may seem an important correction is in order since the price has been growing a lot during the past year at the same time the governments around the world are not stopping at all when it comes to money creation and that is a good thing for bitcoin, so while a price of 100k may seem to be too far away if the economy worsens we might as well reach it during this year.

[Miaallen]

It doesn't seems the price is going beyond this $40k as it appears now considering the dwindling of the price since it was around $41k about a week ago. And the Cryptocurrencies market experts also predicted that the price would start to fall in the first quarter of 2021 which we're already.

[MCobian]

If at the beginning of the year Bitcoin managed to reach a price above $ 40,000, it is not impossible that this year it could reach a price of
$ 100,000- $ 200,000. Because indeed Bitcoin price movements are very difficult to predict, but seeing that many institutions decide to invest
in Bitcoin. It makes me even more optimistic that throughout this year Bitcoin will run a bull run, indeed the Bitcoin price is still correcting.
But based on my 5 years of experience in the crypto world, the Bitcoin price recovered very quickly. So in the near future Bitcoin will soon return
to a price above $ 40,000 again. Then it will continue up to reach a new all time high.