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

[bvoriue]

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

[FairUser]

Overall, not too many surprises as it has been predicted from many different places. Bitcoin is being supported at $ 40k price but maybe things are not stopped yet, I think we will soon surpass $ 50k in the near future, possibly right in Q1 2021.

[TastyChillySauce00]

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

Im not sure about such rate and it looks like this time bitcoin is achieving its peak price. ethereum gets a small pump while bitcoin is still very stagnant at this moment.
I just try to make sure bitcoin can surpass 50k rate before it can go even higher. There are so many resistances and it can't be pumped anytime.
The whales must have accumulated more coins.

[hahay]

I still believe if the target is about 50k-60k per BTC this year, if it will be 100k-200k per BTC I still doubt it because history doesn't show any strengthening in a long period. I am still aware of the dumping period and even though the price is currently still stuck around 40k I think it could fall and go higher in the near future, but if it is true that the price continues to rise or strengthen throughout the year then obviously, it will be new history for the Bitcoin market itself and if that happens I think Bitcoin will be able to replace gold or maybe become a currency because maybe the price is more stable.

[btc78]

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

Nope that's not the first time because the price Grows more than 41k ahead your posts by 12 hrs.

Overall, not too many surprises as it has been predicted from many different places. Bitcoin is being supported at $ 40k price but maybe things are not stopped yet, I think we will soon surpass $ 50k in the near future, possibly right in Q1 2021.

So am I  mate because Like the 30,000$ breaking there is no Barricade and the price just go through directly not like when we are trying to Beat 25,000$ in which took days before finally getting the target .

Now the next in line is $45,000 before finally Make the All Time SuperHigh of 50,000$ .

[makishart]

Overall, not too many surprises as it has been predicted from many different places. Bitcoin is being supported at $ 40k price but maybe things are not stopped yet, I think we will soon surpass $ 50k in the near future, possibly right in Q1 2021.

41k already passed on some exchange sites and we are heading toward the next pit stop @50k
The whales are starting to rebuild the support again. I have been watching the bitcoin market and the small correction that happened yesterday caused by the whales try to testing the market.
Bitcoin will be pumping again very soon.

[maydna]

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

It is hard to see bitcoin increase to $100,000 per bitcoin this year because bitcoin still needs more time to break every highest price. With what happened this month, I think the rise in bitcoin price is not too fast, but the progress in breaking the next highest price will still wide open. I guess that this year, the bitcoin price can rise to $50k-$80k until the end of this year. So in the next year, bitcoin price will have more chances to break $100k or over that price, but I don't expect to see the big dumps will happen to bitcoin after the price make a new ATH this year.

[Dr.Osh]

$ 100k is still too far for now, however, I was really surprised to see bitcoin's price hitting $ 40k. This has driven a lot of altcoin prices up, ethereum in particular, and I'm quite sorry I sold my assets so fast before the price actually went up. however, there is a very big possibility for bitcoin to hit $ 50k this year, it's just that it's still too early to think that bitcoin could hit $ 100k.

[Teraboy]

It might happen but with a small chance to happen. bitcoin is growing again and it looks like people will be rarely to find bitcoin. The circulating supply in the market became less and less everyday consider the whales were buying it and then move it into the wallet to be used as long term investment.
This crap because im only getting a few bitcoin to be stored into my wallet.

[tabas]

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

And on the same day of January 8, bitcoin hit $41k for the first time too. While today, the price is $41k again.

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

Many predictions were said with the same price as you.

$ 100k is still too far for now,

Not that far anymore. We're just $4900 last year and it's $40k, that's not far anymore if we'll include the past year's movement of bitcoin.

[bassbity]

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

Maybe what you say is based on JP analysis. Morgan, who recently said that bitcoin will hit $ 100,000 by the end of the year. but we'll see though it's still 50% and we're not entirely sure. realized today bitcoin broke $ 50,000 and fell back to $ 49,000. Breaking through $ 100,000 is the same as multiplying from the current price. maybe the end of the year is quite reasonable, after experiencing corrections first. whales and miners have high ambitions.

[Reid]

I doubt that.
It's slowing down. Could $40k be the limit? It might be.
The question is where would be the bottom of it.

I have never been in this kind of amount of panic up until now. I really want to sell to maximize my purchase of bitcoin when it drops again.
My way of accumulating more rather than buying at an expensive price.

[edandrada]

in my opinion btc will drop under 30k. and reach a plateau for a while. then it will pump to 50k in short term.

[Pomogator]

in my opinion btc will drop under 30k. and reach a plateau for a while. then it will pump to 50k in short term.

I also think that Bitcoin will not fall as low as before. If you believe in the theory of its cyclicality, then it can fall below $ 30k. This may happen in the future, not anytime soon. I think this will happen after a new peak of $ 100k, this will be a new frontier where Bitcoin will stop. This is my personal opinion, which I have built on many charts on the cyclical nature of Bitcoin.

[blockman]

in my opinion btc will drop under 30k. and reach a plateau for a while. then it will pump to 50k in short term.

It can drop under $30k but I don't think that it will drop further under its support. We've got enough to see the plummet and it's entirely in the mainstream media when it's dropping, they're quick to publish articles that bring fear and panic to their readers. They are mainstream media and it moves the weak hands to start selling. The plummet that it did within 24 hours is already enough for us to see the rise of it to $50k. But we might see the same cycle that it did today when it hits $40k-$49k.

[cryptofirm]

in my opinion btc will drop under 30k. and reach a plateau for a while. then it will pump to 50k in short term.

yeah, there is a possibility for bitcoin to down below $30K, but not long
and i'm sure when bitcoin price continues the rally, altcoins will follow the movements of bitcoin, wich mean bitcoin and altcoins will grow together

[Fritwakky]

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

Even if the Bitcoin price jumps to $100k or even $200k, it won't stay there for long. If the new ATH reaches $200k in very short period, it will drop to $ 10k same fast. Of course, we will be happy about the new ATH, but the bear market will continue for two years. I would prefer the growths to be slow and stable.

[MacHenry]

I think Bitcoin’s latest bull run was sparked in October by news that payments giant PayPal would begin offering bitcoin and cryptocurrency support. And boosted by wave of institutional interest in bitcoin and Wall Street giants including Citibank and JPMorgan making surprisingly bullish bitcoin predictions. How far it can go this year, I don't know, but I know there will be a lot of volatility,  (pump and dump) this 2021, as that way traders can make their profits.

[Dr.Osh]

$ 100k or $ 200k this year looks very unlikely but because in crypto anything can happen quickly, so let's see what will happen in 2021

Don't expect too much, because when the bitcoin price doesn't reach $ 200k, or even goes down, you might be stressed out about it. after all, we all expect a high price tag, but we know that getting to the $ 100k price tag isn't that easy. besides, for now, bitcoin price will need to try to get back to $ 40k price.

[Doell]

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?