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Author Topic: Your price expectations for 2021  (Read 960 times)
thecodebear (OP)
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January 14, 2021, 09:07:53 AM
 #1

What are you expectation for the price of Bitcoin for the rest of the year?

Now that this short dip to $30k is over, I expect the price to rally to $50k in February, perhaps have another dip at $50k, and then push to around $75k or $80k by sometime in April, probably with one or two more solid but short lived dips during that time.

I think we'll possibly see major resistance once the price starts getting within sight of $100k. So could see a consolidation for a couple months before pushing over $100k in late summer.

In the Fall I think we'll see a correction back under $100k, perhaps ending the year in the high five digits. Retail investors will think another prolonged bear market is coming so they'll preemptively get out from fear of a crash. Meanwhile institutions will just keep stacking sats. Going into next year, during next winter we'll see the price push back over $100k and continue grinding up to likely over $200k next year.
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January 14, 2021, 08:58:26 PM
 #2

No one can tell because this had been always a question on mind on how this market will behave on next months or for this year just like on what we had in year 2018-2020
where price isnt something that can be predicted.We didnt anticipate that the price had clinged up over this current price .Expectation? im not really expecting on something
high because price can changed from time to time neither we do reach up heights or would just simply go back on where we had moved or started?

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January 15, 2021, 08:30:14 AM
 #3

If price reaches $100k and then stops there, reversing into a bear market then it puts an end to the history of bitcoin bull/bear cycles and we can no longer predict what will happen next because it will all be new. We may not even see a bubble and the bubble burst anymore.

But if the previous cycles that have happened at least 3 times repeat, we should see $400k at least and it would mark the next bubble for bitcoin then kick start the bear market in 2022 with another 80% drop.
So far (starting from previous bubble in 2017) everything has been pretty much the same in the pat 3 years.

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January 15, 2021, 08:42:44 AM
 #4

Now that this short dip to $30k is over, I expect the price to rally to $50k in February, perhaps have another dip at $50k, and then push to around $75k or $80k by sometime in April, probably with one or two more solid but short lived dips during that time.

That's quite specific. If only BTC were that predictable. Cheesy

I still want to see BTC retake $40K and frankly make new highs before assuming this correction is over. Sentiment is very bull trappy. I'm not writing off a second leg down yet.

I think we'll possibly see major resistance once the price starts getting within sight of $100k. So could see a consolidation for a couple months before pushing over $100k in late summer.

You'd think so given the psychological round number effect, but the market had zero respect for $10K in 2017. On the weekly chart, not even a doji, let alone a red candle. The market blew right through it.

As a contrarian, here's my guess (I'm having a little fun): we blow right through $100K, people assume 2017 is playing out again so they sell near $200K, then the market goes straight to $300K. Tongue

On that note, Deribit just added options for $400K by December 2021: https://bitcointalk.org/index.php?topic=5214418.msg56098871#msg56098871

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January 15, 2021, 10:32:47 AM
Last edit: January 21, 2021, 12:39:54 PM by coin-investor
 #5

I'd like to be moderate and realistic so I'll go for $50k to $70k I don't disregard the fact that there will be a lot of FUDS and dumps coming from the whales, and I am very confident that Bitcoin will not crash to $5k again, we have many institutions and whales now that will support the price for the price to stabilize this year is a breakthrough year for us, so we can leave the past and move forward the ghost of 2017 should stop haunting us.

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January 15, 2021, 11:25:14 AM
 #6

We have saw different instances when thousands speculators came up with series of expected prices for Bitcoin,  going by this new trend in 2021 i would peg my Bitcoin price expectation on $79k, though this may sound strange but definitely will be the highest Bitcoin can go this year 2021. For those still thinking towards $100k should reconsider that; that price won't be safe for Bitcoin price in terms sustainability for now, it's better the price grow gradually than just skyrocketing to scare investors away.

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January 15, 2021, 01:37:35 PM
 #7

It doesn't matter how much the price will be if you follow the simple advice:

Do not sell.
If the price falls below 69%, buy.
Sell after getting more than 60% profits.
Continue More Buying + Little Selling.

Then it does not matter what price level Bitcoin will reach, because then you will have made profits anyway.

This year, with all the problems facing the world and the health and economic crises, it is impossible to predict the prices.

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January 15, 2021, 01:50:19 PM
 #8

Seeing how the market is moving currently, 100k USD is something most people are expecting for bitcoin's price to be at the end of 2021. It is VERY likely, however, this is all to be determined on how the next few months are going to be. Every factor is going to play into this, directly or not: Covid's vaccination spread, there is an EXPO this year, and a lot of other things that 2020 delayed. Its going to be a wild fucking year, mark my words.

It is also going to be interesting to see how Biden's Cabinet is going to play into this year, and more importantly I want to see the battle between the bulls and bears. This year has started with a banger in this territory to say the least.

My prediction? 50k seems achievable. Chances are btc might hit 100k but will fall back down. The rich aren't going to let the poor get more money through bitcoin. So expect some wild stuff.

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January 15, 2021, 01:55:25 PM
 #9

We seemed to have hit a wall at 40K so see how that goes first.
I have bought into the 4 year cycle stuff and am relying on it not only this cycle but next.
I do think 400K though is unrealistic though. My aim was 100-200K but will see how it goes
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January 15, 2021, 02:00:32 PM
 #10

What will be the concrete facts making this happen? Because having an expectation is something but you need arguments here.

Don't get me wrong, I can agree that the rise in the value we see is caused by demand.

It tends to be said that this has been due to the institutional investors, or even companies investing part of their cash flow or investment funds seeking to counter traditional currency devaluation.
I have no problem with that...

But there will be a time when it will fade. At the moment we can say that it is thanks to the COVID-19, but what will it be when everything will return to the way it was before (I speak for the world economy)?

Do you guys think the current situation will stay forever?


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January 15, 2021, 02:28:48 PM
 #11

I'm going to swap 2021 and 2020 around then because we had the stimulus event blow the wheels off the monetary system it helped accelerate BTC to new heights.   But in revision I think 2021 takes the place of how I expected 2020 originally which is mostly sideways, I wont say negative but subject to inflated expectations some may interpret it that way.    Stay patient and humble brethren.

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January 15, 2021, 02:33:51 PM
 #12

But there will be a time when it will fade. At the moment we can say that it is thanks to the COVID-19, but what will it be when everything will return to the way it was before (I speak for the world economy)?

Do you guys think the current situation will stay forever?

Of course, the situation will not stay forever in the sense that the pandemic will last forever, but the consequences will certainly be felt for years to come. The question is whether investors who invest in BTC today will at some point start to return to some traditional ways of investing, whether it is fiat, gold or maybe stocks? If the current price of BTC is only a consequence of the crisis caused by the virus and the weakening of the US dollar in the first place, then we can reasonably ask "what will happen when we return to normal?".

But if we remember the past and the continuity of the rise in the price of BTC, then we see a pattern that continues after each halving - and this is no exception this time either. If we were to throw out of the equation a pandemic and all the side effects it caused, we probably wouldn't have a price close to $40k now - but we might be halfway there.

I will once again refer to the past and all those statements that BTC will never reach $100, so it turned into "never $1000" up to "never 10k", and now of course everyone is talking about $100k as about something that is impossible - as if they have not already learned that the word should not be used in the same sentence with Bitcoin Wink



What are you expectation for the price of Bitcoin for the rest of the year?

Honestly after all these excitements that have happened in recent months, it’s hard for me to imagine what could happen this year that has already been marked as the year of the great Bitcoin return. While it may sound modest, I personally would like the price increase to continue in such a way that we reach one very significant psychological figure by the end of the year, and that is $100 000. Given the current price, some will say that the figure should be much higher, but as we can see the price cannot constantly go up, so there will certainly be a lot of minor corrections along the way.

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January 15, 2021, 03:06:13 PM
 #13

I am not greedy so I just expect 100K only. Cool

Well I don't have any short term plans to sell my bitcoin other than if I need for emergency I will just sell for whatever price at that time. Expecting the prices to go 100K before 2025 is my long term goal.

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chaser15
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January 15, 2021, 03:52:36 PM
 #14

I really don't like expecting too much. I will just watch how the price will go.

There are lots of predictions and speculations everywhere and just by reading on that, our minds already feed.

Do you guys think the current situation will stay forever?

Even with how optimistic I am, it's hard for me to believe that the current momentum will stay for long.

We will see a bearish movement soon. The only question is, when.

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January 15, 2021, 04:56:23 PM
 #15

Just second week of the year this is the best time to make a prediction because the market is still highly volatile, we do not have a crystal to see what's going to happen in the future I'm placing my prediction that Bitcoin is going to reach $80k to $100k provided that the current phase that we are in continuous.


Everybody seem to that bear market will still comeback so I guess we all have to be prepared for it. And maybe some of us had already done so right when the price reached up tp $40k. I may actually have to dump too when it once again touch $40k. Just for precautions, we don't even know yet it its really going to break the $50k.

The expectation still is that there will be long bear market after all these pumps and the news about adoptions.

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January 15, 2021, 05:07:37 PM
 #16

Expectations are higher and dreams are big too but all these stuffs depends only on how the market reacts, right now BTC has been the hot topic across the globe only because of demand. After few months I don't think BTC could be more and more volatile as it is doing now because the market will always not remain in the same phase in mean bullish, Every rise has a fall so we don't know what might happen in future I am holding my nerves upon the expectations Cool









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January 15, 2021, 08:46:30 PM
 #17

Seeing how the market is moving currently, 100k USD is something most people are expecting for bitcoin's price to be at the end of 2021. It is VERY likely, however, this is all to be determined on how the next few months are going to be. Every factor is going to play into this, directly or not: Covid's vaccination spread, there is an EXPO this year, and a lot of other things that 2020 delayed. Its going to be a wild fucking year, mark my words.

Expo?

As long as fiscal stimulus keeps rolling in, which is very likely now that Democrats will control Congress and the presidency, I believe the markets will remain optimistic. Something would have to go very wrong to bring back the negative sentiment of Q2 2020.

This is the backdrop for Bitcoin's bubble, not to mention the ongoing bubble in stocks. All signs point to continuation.

It is also going to be interesting to see how Biden's Cabinet is going to play into this year, and more importantly I want to see the battle between the bulls and bears.

I'm more interested in (or maybe "scared of" would be a better term) what regulations they plan to smother Bitcoin with.

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January 15, 2021, 09:51:18 PM
 #18

Expo?
Expo is something that happens every 5 years, in different cities across the world. It was supposed to happen in 2020 in Dubai but because of Covid, it got delayed to 2021.

Participating in an Expo allows countries to create a fleeting miniature world, a microcosm of global progress and dialogue. Expos provide a unique and international stage to engage in cultural diplomacy and interact with the host country, other participants, potential tourists, trade partners and investors.

Other Links: https://www.expo2020dubai.com/

As long as fiscal stimulus keeps rolling in, which is very likely now that Democrats will control Congress and the presidency, I believe the markets will remain optimistic. Something would have to go very wrong to bring back the negative sentiment of Q2 2020.

This is the backdrop for Bitcoin's bubble, not to mention the ongoing bubble in stocks. All signs point to continuation.
Unlikely. Bear market won't let it live despite the fiscal stimulus. Keep in mind US alone doesn't control the markets, so its going to interesting to see how things proceed moving on forward. Scared but at the same time excited for the near future. 2021 is either gonna bang or suck shit.

I'm more interested in (or maybe "scared of" would be a better term) what regulations they plan to smother Bitcoin with.
Oh 100%. Not just bitcoin, for the entire crypto-community. Senators are so scared of bitcoin's impact its almost funny to watch. Painful but still funny.


Your predictions? @exstasie?

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January 15, 2021, 09:51:45 PM
 #19

I'm also eyeing $100k by the end of this year but this got me thinking and just realized that we're in the same expectations as the end of 2017 did when 2018 entered. Although this year is believed to be the early year and the same as 2016 that's just makes me worry. But I'll be removing that worry since we can see that every time there's a resistance and a dip that happens, bitcoin never fails us to amaze on how resilient it is and no matter how much the price is, I'll still hold.

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January 15, 2021, 10:06:47 PM
 #20

It keeps changing based on the performance of bitcoin and last year I would have been a happy person if Bitcoin could cross $20k in 2021 but since it touched $40k now our expectation increases as well. I think $50k to $70k would be a reasonable expectation considering the market trend especially considering the corrections followed by pump.

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