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Author Topic: Your price expectations for 2021  (Read 1037 times)
nightwishx
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April 18, 2021, 09:39:26 PM
 #121

The decline in other cryptocurrency bitcoins occurred due to the possible implementation of regulations by several countries, as we have known recently.
and in my opinion the decline that occurred was not drastic, let alone the decline in bitcoin did not exceed 50K which finally returned to above 55K, don't panic about what is happening in the market today and for whatever reason I remain optimistic and the market will get back to being better in the next few days .
market manipulation or correction will definitely occur when the price reaches a new ATH and that's normal because it's nothing new.
I read an article a few hours ago, I think it's because of a blackout in Xinjiang, China which resulted in a 45% reduction in bitcoin hashrate power. so of course this will definitely return to normal if the situation in that place returns to normal in the next few days. But I was impressed by the OP's predictions, which are very accurate and almost even show the same numbers
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April 18, 2021, 10:58:45 PM
 #122

I think at the end of this year, price will hit a new milestone. Though price is not increasing now but it will be increasing very soon and for this we shouldn't sell in this dip. $100k is very possible if we support bitcoin and I hope we are bot far away of it.

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April 19, 2021, 08:40:10 PM
 #123

I think at the end of this year, price will hit a new milestone. Though price is not increasing now but it will be increasing very soon and for this we shouldn't sell in this dip. $100k is very possible if we support bitcoin and I hope we are bot far away of it.
There are always a posibility that the price will rise up high in the next few months. I also believe that bitcoin will rise up to 100k$ but we still need to be careful for there is always a big posibility of a big dip, bitcoin is high on volatility so if there is an opportunity always grab it for good. Sometimes it is better to earn small profit than nothing being greedy is sometimes bring us to nothing so we need to make a smart decision.
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April 21, 2021, 11:05:30 AM
 #124

I think at the end of this year, price will hit a new milestone. Though price is not increasing now but it will be increasing very soon and for this we shouldn't sell in this dip. $100k is very possible if we support bitcoin and I hope we are bot far away of it.
Don't expect a lot of things, we can only hope for the best but considering that there are more good news in regards to cryptocurrency, I would say that we are in for a treat and also the market prices this year is not the same as last year where the prices dropped when it was still around the month of January.

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peter0425
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April 21, 2021, 11:18:32 AM
 #125

I'm, not losing hope that Bitcoin will Cross 75,000$ or even Higher.. I know that critics is there to keep the value down but hindering wont affect the finality .
Bitcoin days is happening now for the tons of support from in and out of the forum and even established businesses are now in the  market to invest.

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April 21, 2021, 01:01:45 PM
 #126

I expect a prosperity, a new era for bitcoin and the crypto market.  In need of fairer, more innovative, more accepting regulations, what works best for the planet needs to be strengthened and developed - blockchain.  Although, Covid 19 caused illness and death to all people, I do not expect it to have any reason.  But I expect it to be a strong enough reason to start a new conceptual change for the world.  We've seen Bull run bitcoin longer, and in that, the hot flashy, sparkling, hot bit of altcoins with defi will deliver great trends.
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April 21, 2021, 01:39:03 PM
 #127

$100k would definitely be good and i think it is really possible this year. Q2 is just beggining and we already hit $65k ath. A little more push and we can achieve that 6 digit price for bitcoin. We already know that many big companies like Paypal and Tesla started to adopt bitcoin and blockchain technology in their business.  The only question now is what would be the catalyst to achieve that $100k mark.
molsewid
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April 21, 2021, 02:44:15 PM
 #128


Don't expect a lot of things, we can only hope for the best but considering that there are more good news in regards to cryptocurrency, I would say that we are in for a treat and also the market prices this year is not the same as last year where the prices dropped when it was still around the month of January.
Actually everyone was dreaming and wishing for a more prosper year for bitcoin. I guess we are all being used to see the crypto market in a bull market especially bitcoin that the market price was literally quite amazing. We shouldn't have to make a lot of expectations but I guess expecting in bitcoin that it could give us again a new ATH this month and to the months come was not that bad. Now the bitcoin price goes down from $54k but not a bad thing becauss it is still valuable.
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April 21, 2021, 03:16:34 PM
 #129

The only question now is what would be the catalyst to achieve that $100k mark.
It seems that the catalyst for reaching the 100K is another financial crisis that may be even worse than the events of 2008. This is just my personal opinion.

I think the current monetary policy is only pretending to make the banking system safe. When in fact, we are on the way to a crisis.

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April 21, 2021, 06:30:35 PM
 #130

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.
Of course we are all here hoping that 2021 will be a lucky year for us and hopefully 2021 will be the end of the pandemic that has hit the world, to be honest now we are very limited in carrying out all existing activities and the current pandemic is completely destroying the world economy, but the one thing I'm looking forward to the most is, hopefully 2021 will be a glorious year for crypto enthusiasts and hopefully bitcoin will continue to be able to break its highest price ever.

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May 16, 2021, 07:48:19 PM
 #131

I'm hoping to see the price continue to rise, but I'm not expecting it to hit $100k anytime soon; $70k-$80k seems more likely.

However, with such a large increase, I'm not sure if it's cause for celebration; after all, when the price rises, so does the risk, which makes many people reluctant to invest. We can't mask the thing that a lot of people thought was a trap. 

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May 16, 2021, 09:12:16 PM
 #132

For Bitcoin, I believe that more than 100K in this years, and for altcoin, I still believe it can minimum of 10x from the current price, no matter what the coins. So in this fact I prefer to invest in altcoin rather than in Bitcoin, this just personal opinion, and not financial advice, dyor

I think for newbies must to check the chart of 2017  Wink
if I pay attention to this condition, it is not much different from the condition in 2017. where at that time the price of bitcoin soared very high and after that there was a tremendous drop in prices. be prepared because I feel a similar incident will happen in the near future.

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May 16, 2021, 09:51:18 PM
 #133

The only question now is what would be the catalyst to achieve that $100k mark.
It seems that the catalyst for reaching the 100K is another financial crisis that may be even worse than the events of 2008. This is just my personal opinion.

I think the current monetary policy is only pretending to make the banking system safe. When in fact, we are on the way to a crisis.
Agreed.

I don't have a lot of faith in 2021, especially if $30k doesn't hold.  New US govt administration will not be friendly to crypto.  World economies are on the bring of collapse right now.  And as that happens they will be desperate for more control.  We're already seeing a lot of that as a result of the 'covid excuse'... govts clamping down on their citizens freedom/travel/etc.  Don't let a tragedy go to waste.  But the markets were already nearing collapse, covid was just the trigger.

I think 2021 will be a bear year, and this run is a bull trap.  I anticipate regulations and at least one major exchange biting the dust - what if that was coinbase?  Not saying it will be, but what if.  I'm not hoping for a bear market, but I think the 'institutional' investment thing is BS given the shady Tether stuff going on.  And before anyone says "Tether is only 2% of BTC market cap"... look at the daily volume.  Tether has more volume than any other coin.  That's the biggest red flag.  Oh and also that tether.to is based on WordPress, what a joke.    

But why should institutional investment bring stability?  It may bring more volatility.  Especially if world economies are in flux.  

Lots of interesting speculations in this thread hoping for $50k+ and I hope that happens, but I have my doubts.  I will keep hodling regardless.  


I said this in January.  It was great to see BTC go up to $64k, and I was certainly wrong about how high it would go.  But this institutional investing and Tether has got to go.  We shouldn't be happy because 'institutions' are investing.  That's not what BTC is about.  I remember back in the day, excitement was more about the latest development achievements rather than what company is tweeting about bitcoin.  Crypto has become a joke in some ways, especially seeing Doge hyped so much.

Besides as I said in January, institutions like Tesla, are made up of people, who can change their minds.  That same rush of positivity can cause a much more catastrophic rush of negativity in the market.  MicroTradegy stock is down over 50% since their hyped run when they were blasting publicity about buying bitcoin.  I think there's actually more at play here than the Tesla/Elon surface level tweets.  The world economy is still not doing well.  Covid was a great cover for that.  As such we will see a crash in crypto, since speculative assets are the first to get dropped.  

Binance is under SEC investigation right now.  This plus the B.S. from Elon about PoW coins is just scratching the surface.  If there's any new regulations or investigations, it could easily trigger a bear takeover.

Or imagine if MicroTradegy gets SEC investigated or crashes to $50 and has to sell their 91k Bitcoins.  You think that would crash the market?

MicroStrategy has been investigated for fraud before, so it wouldn't be the first time.

IMO it should be illegal for any Wallstreet company to own bitcoin.
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May 17, 2021, 01:32:41 PM
 #134

I'm hoping to see the price continue to rise, but I'm not expecting it to hit $100k anytime soon; $70k-$80k seems more likely.

However, with such a large increase, I'm not sure if it's cause for celebration; after all, when the price rises, so does the risk, which makes many people reluctant to invest. We can't mask the thing that a lot of people thought was a trap. 

It seems it will not happen this year, bitcoin is slowly getting dump, after it hit an ATH and dump, it has not recovered anymore to its ATH. This looks like it's going bearish, the 1-week performance of bitcoin is not good, it dumped over 20% and the current price is dumping.

When there's more hype about Elon, there's a positive movement of bitcoin, now that Elon seems to leave bitcoin soon, people with wild imagination are speculating that bitcoin could dump significantly once Tesla sold or unload their bitcoin.

Bitcoin might go back $20k or even below.

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