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Author Topic: bitcoin price end of year?  (Read 638 times)
traderethereum
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April 27, 2021, 01:45:03 PM
 #61

I am in the agreement with your opinion, I am not expecting anything below 100k per BTC at the end of the year. This bull run is different from that of the year 2017. This one involves institutions, the richest people on the planet and a lot of newbies.
Yes and the demand is really huge it can surpass $100k this year not only institutional investors even some politicians are accumulating btc they will get left behind once btc become one of the most use currency in the planet people wants decentralization not controlled by any organization or government let the old untrusted, untransparent scam financial system abandon and replaced with decentralize system.   
But still, that will need time before the price can surpass $100k this year.
The fluctuations happen so far, and it needs more support from more investors to lift the price because the price is still at $55k, which is better than a few days ago.
Hopefully, the price can still be like this and will have more chances to increase and back to $60k.
If more support comes to bitcoin in the next months, that can give a big chance for bitcoin to have the power to lift the price.

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April 27, 2021, 07:47:39 PM
 #62

Especially now Bitcoin is starting to recover after a few days ago the price of Bitcoin corrected to drop below the price of $ 50k. And I am very optimistic that this year the Bitcoin price will reach a price of $ 100k, Bitcoin opportunities will be even greater if in the near future Bitcoin can rise back to the price of $ 60k again.
The recent correction of bitcoin market was triggered by mining blackout in China due to floods.
So, it means fundamentally bitcoin is doing stronger and due to some external factor its progress was halted. So, there will be no pint of worry on the recent correction and losses in marketcap of bitcoin dominance metrics.

It happens on every market and usually bitcoin is known for bouncing back from such corrections and this is what exactly happening right now as bitcoin is trading above $54k levels.

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April 27, 2021, 08:09:41 PM
 #63

Politicians? I am first time hearing about their hand in accumulating bitcoins. Do you have any reference link for confirming this? But it is obvious when something is getting famous and getting known for higher returns then all kind of people will start investing with it; right now this is only happening exactly. So there will be no wonder, by some chances bitcoin may test even $ 1 million by end of this year.

Yeah, we are all talking about reaching $100k levels by end of this year but when we are having institutions, corporate and politicians on board then anything could happen which may be up to 10x higher than what we are speculating.
Not in the sense that it would be a major news, but more individually I have heard of that as well. I have seen some good ones even include bitcoin when they are doing fund raising as well, it is usually coming from USA. Look at Ohio state governor who decided that they could accept bitcoin as tax payment on crypto earnings, or Miami mayor who decided that they may pay the salaries in crypto if workers opt for it, there are examples like that which I assume is another example how they do have it personally as well.

I do not believe that any politician who is doing such good things for crypto would not buy any crypto of their own. This is why I think it is not going to be that tough to guess that some of them do own crypto. But I do not have any sources that confirms this, it is just a guess, you will have to google or wait for ice to respond for any sources.

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April 27, 2021, 08:32:10 PM
 #64

Especially now Bitcoin is starting to recover after a few days ago the price of Bitcoin corrected to drop below the price of $ 50k. And I am very optimistic that this year the Bitcoin price will reach a price of $ 100k, Bitcoin opportunities will be even greater if in the near future Bitcoin can rise back to the price of $ 60k again.
The recent correction of bitcoin market was triggered by mining blackout in China due to floods.
So, it means fundamentally bitcoin is doing stronger and due to some external factor its progress was halted. So, there will be no pint of worry on the recent correction and losses in marketcap of bitcoin dominance metrics.

It happens on every market and usually bitcoin is known for bouncing back from such corrections and this is what exactly happening right now as bitcoin is trading above $54k levels.
On every correction there's always a correspondent recovery which had been seen since from the start of this market.As long there's demand then we can really see that

bounce back or price rise would really be next, time wont really be that known though but on some guarantee it could really be reaching out into that state.

When it comes to bitcoins price for this year then its really hard to predict on because with this speculative market then digit or numbers aren't known to us
and this is why we do keep on speculating.

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traderethereum
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April 28, 2021, 06:09:51 AM
 #65

I am in the agreement with your opinion, I am not expecting anything below 100k per BTC at the end of the year. This bull run is different from that of the year 2017. This one involves institutions, the richest people on the planet and a lot of newbies.
Yes and the demand is really huge it can surpass $100k this year not only institutional investors even some politicians are accumulating btc they will get left behind once btc become one of the most use currency in the planet people wants decentralization not controlled by any organization or government let the old untrusted, untransparent scam financial system abandon and replaced with decentralize system.   
But still, that will need time before the price can surpass $100k this year.
The fluctuations happen so far, and it needs more support from more investors to lift the price because the price is still at $55k, which is better than a few days ago.
Hopefully, the price can still be like this and will have more chances to increase and back to $60k.
If more support comes to bitcoin in the next months, that can give a big chance for bitcoin to have the power to lift the price.

Of course Bitcoin will need time to hit the $ 100k price tag this year, because Bitcoin needs more positive news which can eventually trigger
the Bitcoin price to rise. Especially now Bitcoin is starting to recover after a few days ago the price of Bitcoin corrected to drop below
the price of $ 50k. And I am very optimistic that this year the Bitcoin price will reach a price of $ 100k, Bitcoin opportunities will be even greater
if in the near future Bitcoin can rise back to the price of $ 60k again. So we'll see next month,  if it is true Bitcoin gets more support Bitcoin should
have the strength to rise to reach the new ATH.
We should concern about the price up to and down because when the price is down, some people are panic and can not stay calm and think about what they need to do.
Gladly, the bitcoin price can recover from the downtrend yesterday, although it seems the price is not moving to the higher or lower price and looks stable for now.
We need to break the barrier for every high price and that is not easy to do for bitcoin, especially if the negative news comes out again because people still can not calm down and just let that news.
I believe bitcoin will have more support in the next months as many companies will see the benefits of bitcoin for their new investment.

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April 28, 2021, 06:18:29 AM
 #66

i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think
Don't look for too much so you wont lost much also.

I believe that possibilities of gaining to 100k is there , But we must be also ready for for the dump and failure.

It can take 100k but it can fall to below 30k also so either way you must be ready right?

Buy and Hold but also know when to sell.

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April 28, 2021, 09:11:34 AM
 #67

~
The recent correction of bitcoin market was triggered by mining blackout in China due to floods.
So, it means fundamentally bitcoin is doing stronger and due to some external factor its progress was halted. So, there will be no pint of worry on the recent correction and losses in marketcap of bitcoin dominance metrics.

It happens on every market and usually bitcoin is known for bouncing back from such corrections and this is what exactly happening right now as bitcoin is trading above $54k levels.

This is the great thing about Bitcoin with many external factors that trigger the price of Bitcoin to fall, but the price support for Bitcoin is
very strong. So the Bitcoin price does not continue to fall below $ 40k, this is because the institution is not affected to sell their Bitcoin,
when a few days ago there was a correction. The institution will still hold the Bitcoin they own, and some institutions may decide to buy
Bitcoin again when the Bitcoin price drops below $ 50k. So now the Bitcoin price has shot up to a price of $ 54k.

We should concern about the price up to and down because when the price is down, some people are panic and can not stay calm and think about what they need to do.
Gladly, the bitcoin price can recover from the downtrend yesterday, although it seems the price is not moving to the higher or lower price and looks stable for now.
We need to break the barrier for every high price and that is not easy to do for bitcoin, especially if the negative news comes out again because people still can not calm down and just let that news.
I believe bitcoin will have more support in the next months as many companies will see the benefits of bitcoin for their new investment.

I was actually quite panicked when the Bitcoin price fell below the $ 50k price, but it didn't last long as Bitcoin quickly managed to climb back up
to $ 54k. But there is no need to worry that the price hasn't gone above the $ 60k price yet, because Bitcoin needs a lot of support to get back
above the $ 60k price, as you have said. I agree that the number of companies that will invest in Bitcoin will increase if they see the movement of
Bitcoin as it is now. Because sooner or later many companies finally know the benefits of investing in Bitcoin, I hope there are more big
companies investing in Bitcoin in the near future. If that happens I believe it will trigger the Bitcoin price to rise above $ 60k and it could even
go up to the new ATH price.

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traderethereum
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April 29, 2021, 01:00:56 PM
 #68

We should concern about the price up to and down because when the price is down, some people are panic and can not stay calm and think about what they need to do.
Gladly, the bitcoin price can recover from the downtrend yesterday, although it seems the price is not moving to the higher or lower price and looks stable for now.
We need to break the barrier for every high price and that is not easy to do for bitcoin, especially if the negative news comes out again because people still can not calm down and just let that news.
I believe bitcoin will have more support in the next months as many companies will see the benefits of bitcoin for their new investment.

I was actually quite panicked when the Bitcoin price fell below the $ 50k price, but it didn't last long as Bitcoin quickly managed to climb back up
to $ 54k. But there is no need to worry that the price hasn't gone above the $ 60k price yet, because Bitcoin needs a lot of support to get back
above the $ 60k price, as you have said. I agree that the number of companies that will invest in Bitcoin will increase if they see the movement of
Bitcoin as it is now. Because sooner or later many companies finally know the benefits of investing in Bitcoin, I hope there are more big
companies investing in Bitcoin in the near future. If that happens I believe it will trigger the Bitcoin price to rise above $ 60k and it could even
go up to the new ATH price.
That is normal if you are quite panicked when you see bitcoin price fall below $50k because many of us have the same experience.
I also panic to see the price jump down because I am not watching the market at that time, so when I see the price jump go down, I only think let it be but I believe that is just a correction.
The bitcoin price now can attract them to invest in bitcoin before the price starts the next rally and if that happens, they will need to spend much money to invest in bitcoin.
That will cost them a big budget to just invest in bitcoin, although a company will do that when bitcoin price jump to the high price.
We will see the next rally soon and when it happens, the price will have the chance to break $60k.

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April 29, 2021, 03:05:15 PM
 #69

i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think
Don't look for too much so you wont lost much also.

I believe that possibilities of gaining to 100k is there , But we must be also ready for for the dump and failure.

It can take 100k but it can fall to below 30k also so either way you must be ready right?

Buy and Hold but also know when to sell.
Bitcoin won't move that fast and easily and reach $100k. I don't disclose such a possibility but I wasn't expecting it this year or even next year.

The market needs to have another set of market preparation and maybe we could have this rally after the next bearish season. I'm looking forward to seeing this in the next Bullish season.

But the question is when? Or we wait for the next halving?
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April 29, 2021, 06:34:07 PM
 #70

Bitcoin won't move that fast and easily and reach $100k. I don't disclose such a possibility but I wasn't expecting it this year or even next year.

The market needs to have another set of market preparation and maybe we could have this rally after the next bearish season. I'm looking forward to seeing this in the next Bullish season.

But the question is when? Or we wait for the next halving?
Don't forget that bitcoin moved from $10k levels to $19k levels in less than three weeks of time by 2017 and now we are in 2021 and there are many new people to keep investing into bitcoins hence the support levels are too high to make anything possible these days. I believe there are a lot of possibilities for bitcoin prices to double from the current price levels.

This way I'm expecting more than $100k price levels by end of this year. Because, I am very confident about to have $100k in next one or two months itself.

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April 29, 2021, 06:48:41 PM
 #71

Bitcoin won't move that fast and easily and reach $100k. I don't disclose such a possibility but I wasn't expecting it this year or even next year.

The market needs to have another set of market preparation and maybe we could have this rally after the next bearish season. I'm looking forward to seeing this in the next Bullish season.

But the question is when? Or we wait for the next halving?
Don't forget that bitcoin moved from $10k levels to $19k levels in less than three weeks of time by 2017 and now we are in 2021 and there are many new people to keep investing into bitcoins hence the support levels are too high to make anything possible these days. I believe there are a lot of possibilities for bitcoin prices to double from the current price levels.

This way I'm expecting more than $100k price levels by end of this year. Because, I am very confident about to have $100k in next one or two months itself.
It seems like too fast to hit $ 100k in 1 or 2 months. I think $ 100k will be reached at the end of the year like October - November. because not forever the market will continue to be bullish. there will be a correction in the market that temporarily reduces prices.

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April 29, 2021, 07:00:27 PM
 #72

i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think
Without an iota of doubt bitcoin should be such that will make something big before the end of this year becasue of past histories in the world of crypto. The fall of bitcoin price was long awaited becasue of it price movement from the beginning of this year 2021, the current correction that's happening in the market will be that which will spur bitcoin price to $70k and then to a higher level like $250k before the close of 2021 IMO.

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April 29, 2021, 07:31:15 PM
 #73

The fall of bitcoin price was long awaited becasue of it price movement from the beginning of this year 2021, the current correction that's happening in the market will be that which will spur bitcoin price to $70k and then to a higher level like $250k before the close of 2021 IMO.

Indeed, btc will sure to rebound from the current price to make another new ATH of $70k and than it might go for higher price zone like $100k or $250k or even more than that. But btc will take corrections like this one in the meantime of bullish rally. Also, everyone might be wondering that btc won't pump more as its dominance is under 50% which means money flows into altcoins more. But it's just temporary because news media making rumors to dump btc more and panic hodlers are leaving btc which is great for us to make new ATH of $70k soon as market will be more stable than now.

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April 29, 2021, 08:55:26 PM
 #74

Looking at the way Bitcoin reacts to some bad news and possible bearish scenario, with Tesla selling, some FUD about bans here and there, I feel like we'll end this bull market with 80 thousand or close to it.

I really feel like we have another move ahead of us. Some traders think that we'll even have 2 more with the last one being the strongest. Worst case scenario we'll go sideways for a few months and move up in Autumn.
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April 30, 2021, 01:03:17 AM
 #75

Looking at the way Bitcoin reacts to some bad news and possible bearish scenario, with Tesla selling, some FUD about bans here and there, I feel like we'll end this bull market with 80 thousand or close to it.

We are still on the way to 6 digits as far as I'm concern, yeah, there are a lot of negative news lately, enough to bring the price to < $50k, but since then we have bounce back beautifully. And we are about to start a new month, so meaning there is a possibility that a new all time high can be reach again.

I really feel like we have another move ahead of us. Some traders think that we'll even have 2 more with the last one being the strongest. Worst case scenario we'll go sideways for a few months and move up in Autumn.

Probably, but we have a lot of legroom, probably the last 3 months will be a make or break for us to reach $100k, but as I have said, I'm leaning towards it so let's see how it goes.

R


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April 30, 2021, 03:03:20 AM
 #76

I haven’t set any goal for myself personally, because I don’t think price alone is what determines Bitcoin. It's hard to say what will happen by the end of the year, but this year should be generally positive because it comes after a halving that has had a positive effect on price in the past. But as far as I can see people are quite ungrateful and greedy, and they think that Bitcoin is just a money factory that gives on the principle of "invest $1, in a couple of months you will get $100", which is of course complete nonsense.

For those who have invested in the last few months, nothing below $100k will be satisfactory, for some others there will be no problems even if at the end of the year the price is identical to what it is today.
I have set myself a goal to reach, not for bitcoin price but for how much I want to have, and right now it is about 15 bitcoins (changes based on how much bitcoin is), I want to remind you that I do not own even 1 bitcoin right now and I still aim at that level. I do not plan on reaching it this year or next year, I plan on reaching there sooner than the next 20 years, it would help me out a lot.

However for bitcoin I think this price crash is false and it will go back up, there are times when market takes out a profit and because of that the price crashes and then it recovers slow by slow. People may think that we are in a bad situation but the reality is that we are in a similar situation as before, as long as these huge companies keep buying bitcoin there is nothing we should be worried about since they will keep increasing the price by buying a lot when it drops.

I see the rise or fall of bitcoin in a certain time, due to the needs of investors in a company. when a company that is trand and needs its funds does not use bitcoin and uses another currency, bitcoin will decline as a result of not being interested by investors.

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Kittygalore
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April 30, 2021, 08:07:02 AM
 #77

Looking at the way Bitcoin reacts to some bad news and possible bearish scenario, with Tesla selling, some FUD about bans here and there, I feel like we'll end this bull market with 80 thousand or close to it.

I really feel like we have another move ahead of us. Some traders think that we'll even have 2 more with the last one being the strongest. Worst case scenario we'll go sideways for a few months and move up in Autumn.
Pretty conservative estimate because there are still 8 months or so left for bitcoin to grow so I would completely disagree with this prediction, maybe around 120k or higher than that if there is a continuous buys from a lot of companies.
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April 30, 2021, 08:08:01 AM
 #78


We are still on the way to 6 digits as far as I'm concern, yeah, there are a lot of negative news lately, enough to bring the price to < $50k, but since then we have bounce back beautifully. And we are about to start a new month, so meaning there is a possibility that a new all time high can be reach again.


Bitcoin was still and stay strong to a $50000 market exchange rate, a strong resistance did happened after the last dip of bitcoin exchange rate of $49000 from $66000. A huge difference right but then look how amazing it is to be able to make it up to >$50000 at this time though it is unevitable that the price correction may and always takes place.
By the end of this year I was expecting a bitcoin exchange rate as higher as $60000. Maybe a $100000 exchange rate was set too high enough but the good thing was it is not impossible right.

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April 30, 2021, 12:10:01 PM
 #79

Looking at the way Bitcoin reacts to some bad news and possible bearish scenario, with Tesla selling, some FUD about bans here and there, I feel like we'll end this bull market with 80 thousand or close to it.

I really feel like we have another move ahead of us. Some traders think that we'll even have 2 more with the last one being the strongest. Worst case scenario we'll go sideways for a few months and move up in Autumn.
80,000$ is not that bad in my opinion , because this is enough to be ready for the enxt halving to finally hit the 6 digits value That i really died to wait.

________________________________________________________________________

But of course i will be happy hitting 100,000 or more before this year Ends.

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April 30, 2021, 02:59:15 PM
 #80

Looking at the way Bitcoin reacts to some bad news and possible bearish scenario, with Tesla selling, some FUD about bans here and there, I feel like we'll end this bull market with 80 thousand or close to it.

I really feel like we have another move ahead of us. Some traders think that we'll even have 2 more with the last one being the strongest. Worst case scenario we'll go sideways for a few months and move up in Autumn.
80,000$ is not that bad in my opinion , because this is enough to be ready for the enxt halving to finally hit the 6 digits value That i really died to wait.

________________________________________________________________________

But of course i will be happy hitting 100,000 or more before this year Ends.

We can assume that $80,000 USD could be a possibility at the end of this year but many are believing that the $100,000 USD at the end of this year, there are many speculations leading to the price taking a hit at $100,000 USD but a dip can also be possible and momentum of increasing back its price is always bitcoin's movement I am not a financial advisor but Bitcoin right now can not be stopped, it will surely and continually increase in a fast pace and Bitcoin will surely Have another all-time high.
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