David Gokhshtein: Bitcoin Price Will Reach $80K

[mk4]

That man has 400k followers probably that's enough amount to spread the news around the internet.. And if most of them will believe on his view for sure there will be an impact in the market soon or later in my opinion .. Infact he's part of the doge believer as well, so i hope right now they will focus in bitcoin again until bitcoin reach that predicted value wherein no another quick profits like what elon musk did.

One silver lining I see today is that unless the "influencer" is shilling some ultra low-cap coin, that so called "influencer" can't pump up the prices of certain coins with ease compared to how much influence "influencers" have over the markets years ago. Unless it's Elon Musk, of course. People on Twitter will pretty much lick his boot forever.

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[zanezane]

That man has 400k followers probably that's enough amount to spread the news around the internet.. And if most of them will believe on his view for sure there will be an impact in the market soon or later in my opinion .. Infact he's part of the doge believer as well, so i hope right now they will focus in bitcoin again until bitcoin reach that predicted value wherein no another quick profits like what elon musk did.

I just hope that I can cash in during his manipulation of his followers, remember that these manipulation can be useful especially with that amount of followers, I think that amount can cause a significant amount of movement in the market.

[Lucius]

From what i think he wanted publicity talking about Bitcoin and he got that fame and now we are discussing about him in the forum as if he is some saint who predicts the market  .

The biggest blame for that is, of course, on those who paid attention to this news - mostly on the OP that posted this on the forum, because I personally and probably 99% of all forum users have never heard of this expert. Today anyone can speculate on the price - we’ve seen this through the past, but only a few were somewhat right - besides, there is no great wisdom in such a statement “Bitcoin price will reach $ 80k” when it’s just a matter of time when that will happen...

I guess those whose trust in Bitcoin has been shaken appreciate this kind of news as an encouragement, which means that every artist has their audience, no matter how meaningless and bad they were in their performance - it is important that the show is not charged.

[smyslov]

I haven't checked how many followers this character has (some say 400 000), and I believe you will agree that this is a real trifle compared to Mr. Mars's 58+ million. I dare say that its impact is quite insignificant regardless of all followers (I bet he has at least 10-20% bots/fake accounts), and it is clear to everyone that he uses Bitcoin only as bait for what he actually promotes - just read the OP and everything will be clear to you.

He has two great tweets about urging people to buy more Bitcoin but unfortunately, it doesn't have an impact on the market Bitcoin is still moving down and the price is still struggling, maybe the Dorsey - Musk meeting is the one that we really need for the market to pump again, I hope the meeting will deliver something big for the market.

[perfect999]

Don't wish anything from these influencers, they only care for their portfolio and not yours. They want to hype the people because they have been staking on to something and they want to make money out of their followers, I say we just watch out and see what happens or at the least invest in the coins that you think they are going to support so you can cash in when they try to do a pump and dump.

That is the scary thing, there are tons of people who rely on others to make bitcoin go up, a tweet, an interview, even advertisement somewhere, look at Mclaren f1 they have two! So basically we are expecting marketing to be done on crypto for some reason, for ten years we didn't do marketing, we just made a lot of money and that is what our marketing was and that is what we could have done and nothing more, and for some reason people are thinking that marketing is the way now.

This is crypto, you buy it, you hold it, you make profit like you can nowhere else, that is all the marketing you need if people want to get rich then they will buy crypto or they should not be interested at all, let them be out. It is scary that people believe about the crypto situation, and if people do not give these people power then we could all by ourselves can do it.

[Clavulanic]

Full of positive thoughts I've read lately, though it makes me feel great but that's in reverse to the real situation of market price right now. As of the moment, btc goes down at $31k yet the signal on blockfolio is red now and I don't know how to figure this out how that $80k speculation came to that certain point. Let's see what will exist soon, honestly stating a specific figures of value was really the hardest thing right now.

[CaVO32]

Full of positive thoughts I've read lately, though it makes me feel great but that's in reverse to the real situation of market price right now. As of the moment, btc goes down at $31k yet the signal on blockfolio is red now and I don't know how to figure this out how that $80k speculation came to that certain point. Let's see what will exist soon, honestly stating a specific figures of value was really the hardest thing right now.

The level of $80k may still be far from the horizon, but the possibility is always there. Everyone can make their own speculation but sometimes we need to be realistic with the current happenings in the market. Before we reach the 80k level, there should be very positive news in crypto that will change the current path of bitcoin. With countries trying to integrate btc or crypto in their system, hoping for higher price is not that impossible. However, we don't know when will that happen again. Just prepare your portfolio for unexpected happenings in the market.

[ene1980]

Full of positive thoughts I've read lately, though it makes me feel great but that's in reverse to the real situation of market price right now. As of the moment, btc goes down at $31k yet the signal on blockfolio is red now and I don't know how to figure this out how that $80k speculation came to that certain point. Let's see what will exist soon, honestly stating a specific figures of value was really the hardest thing right now.

If he or anyone else predicted that the price would reach $80k it will reach in due time, even i can predict any valuation which is hundred thousand and we will reach those valuation irrespective of the current market situation because every four year Bitcoin controls its inflation rate in the form of halving and that reduces the number of coins mined on a daily basis and these factors alone will push the market higher in the long run but to predict exactly when these valuations would reach is another mystery but we will reach them eventually and we do not need any mystic predictors for that  .

[Yaunfitda]

Full of positive thoughts I've read lately, though it makes me feel great but that's in reverse to the real situation of market price right now. As of the moment, btc goes down at $31k yet the signal on blockfolio is red now and I don't know how to figure this out how that $80k speculation came to that certain point. Let's see what will exist soon, honestly stating a specific figures of value was really the hardest thing right now.

If he or anyone else predicted that the price would reach $80k it will reach in due time, even i can predict any valuation which is hundred thousand and we will reach those valuation irrespective of the current market situation because every four year Bitcoin controls its inflation rate in the form of halving and that reduces the number of coins mined on a daily basis and these factors alone will push the market higher in the long run but to predict exactly when these valuations would reach is another mystery but we will reach them eventually and we do not need any mystic predictors for that  .

TA is your friend if you want to predict the price but it's not guarantee as well.

And it's very obvious that maybe this guy has some bitcoin and he wanted to predict a good price because as a holder that's what we wanted to see right?

$64k last previous high, so $80k is still achievable although the market is not really doing good in 2 months straight now.

[Lucius]

...maybe the Dorsey - Musk meeting is the one that we really need for the market to pump again, I hope the meeting will deliver something big for the market.

I don't see what either of those two could say that would have a positive impact on the market, we all know what their attitudes are towards cryptocurrencies. If anyone thinks this will make a positive difference, then now is the time to invest - but I personally think this time of year is simply bad for risky investments like Bitcoin, and that not much will change in the next month or two.

Yet given how the media affects people, it is possible that some crazy news from that meeting would result in a sharp rise in price - perhaps if Mr. Mars says "I'm investing $10 billion in BTC"

[hd49728]

It is still too early in Q3 to determine the scenario that ATH is inherently only at 64k or not, we are still in a weak cycle but it is not necessary for it to make a loss.  Can we get to 72k and go straight to $100k, it's a puzzle where removing the high leverage pool before balancing will happen.

Source: https://twitter.com/100trillionusd/status/1411287372956942337?s=21

It would be interesting after Bitcoin bottoms out and moves back to $60k. Then people will think it will fail at that strong cap, strong resistance. The crowd with many gamblers will go with short positions, with small or big leverages. They all will be rekted by the market and whales.

It is what happened when Bitcoin tried to test the $20k resistance and it broke that cap very easily.

[DU18]

Full of positive thoughts I've read lately, though it makes me feel great but that's in reverse to the real situation of market price right now. As of the moment, btc goes down at $31k yet the signal on blockfolio is red now and I don't know how to figure this out how that $80k speculation came to that certain point. Let's see what will exist soon, honestly stating a specific figures of value was really the hardest thing right now.

The decline in the price of bitcoin in the last 3 days has really scared a lot of people, especially now that the price of bitcoin has fallen below $29K and even that price has fallen almost half of the highest price of bitcoin so far, the current price decline in my opinion is just as price correction before the highest price level will occur again at the end of the year, but even so I believe that the price of bitcoin will return to the price of $45K-$50K by the end of this year.

[fullhdpixel]

I learnt my lessons long time ago, and have been happily holding. I used to wish I'd entered a lot earlier but I'm okay with holding since 2017 and not wasting anymore BTC on shitcoins. I've avoided defi like the plague so I'm also very OKAY there;)

Happy to let everyone move the markets as they please, spend my tiny btc every now and then and contribute to fundamental economy, and that's that:)

I have to say I did about the same but I did get into DeFi craze as well. There was a lot of money to be made and there were a lot of money to lose there as well. I did invested about 2k which was ALL my cash available at the time, meaning if I lost it then I would have nothing left (just bitcoin investment left), I have to say it was long time ago, probably 6 months or so already. What happened? My 2k became 12k at one point, I imagined it would continue like that, then it crashed and burned, I got out at 2k again because I didn't want to lose money, so at the end I still had 2k and didn't lose anything and was lucky but many people ended up losing way too much money.

So, I have to say it is not something horrible if you got in at the right time and got out at the right time, but there were also a lot of people losing tons of money at the same time as well.

[NeuroticFish]

I have to say I did about the same but I did get into DeFi craze as well. There was a lot of money to be made and there were a lot of money to lose there as well.

For many (including me) it looks like it's much easier to lose money there than get profit. But if, on long term, DeFi proves itself as something indeed good (clearly risky, but it that can be manageable), it may even help Bitcoin pumping to the sky.

[suzanne5223]

I still believe that the price of BTC will pass $ 100k...

When will that be? If we're talking about this current market or halving effect trend, I will tell you to quit your dream cause it won't happen this year anymore and the next phase we should be expected and be already for is possible blood bath market.

every CEO has their own view of the possible future price of BTC but I continue to follow the price predictions from the @100trillionusd Twitter account, his/her analysis is really good.

The only advice I will give you about this is to be careful because these people (crypto CEOs/influentials) sometimes make prediction just to encourage the investors and every prediction that was done using TA/FA are not always accurate.
Dyor

[coin-investor]

The only advice I will give you about this is to be careful because these people (crypto CEOs/influentials) sometimes make prediction just to encourage the investors and every prediction that was done using TA/FA are not always accurate.
Dyor

I agree this is an open market although we have whales controlling it we are left to decide how and where to invest and who we listen to, some of these influencers are just leading you nowhere, you have the market, the fundamentals, and the news within your reach, analyze all of this and you can come out when and where to invest your hard-earned money, but of course only invest what you can afford to lose.

[pealr12]

Full of positive thoughts I've read lately, though it makes me feel great but that's in reverse to the real situation of market price right now. As of the moment, btc goes down at $31k yet the signal on blockfolio is red now and I don't know how to figure this out how that $80k speculation came to that certain point. Let's see what will exist soon, honestly stating a specific figures of value was really the hardest thing right now.

80K speculation won't happen immediately you open your blockfolio app, it is speculation so there is no specific time it will occur, the only thing to be noted is probably something that will happen before 2022, from now till year end you should expect to see the price reacting towards predicted amount or less.

[Chato1977]

PAC Protocol CEO David Gokhstein shared his views on the latest bitcoin status on Twitter.
In particular, Gokhstein called the current market reversal "super necessary" to keep up the price of the flagship cryptocurrency, Bitcoin. According to him, the next step in the price of bitcoin will probably be $ 80,000.

So we are only 50k more before reaching that goal? wish is will be that easy to achieve but i doubt that at any point 80k will happen this soon.

Bitcoin must break 40k first and stay a while , then climb to 50k then 60k , after that will break the recent ATH of 64k before finally hitting  70,000 Usd value.

[suzanne5223]

The only advice I will give you about this is to be careful because these people (crypto CEOs/influentials) sometimes make prediction just to encourage the investors and every prediction that was done using TA/FA are not always accurate.
Dyor

I agree this is an open market although we have whales controlling it

The whales are no longer the market controllers but they are the manipulator while the institutional investors are the current controller. Having said that, according to the research did by a market trend examinator Willy Woo the major buyer/accumulator in the market are ordinary people who have at least 0.1BTC to 5BTC.

we are left to decide how and where to invest and who we listen to, some of these influencers are just leading you nowhere, you have the market, the fundamentals, and the news within your reach, analyze all of this and you can come out when and where to invest your hard-earned money, but of course only invest what you can afford to lose.

This will never happen because 95% of all crypto investors are more into profit than the technology not to talk about doing research.

[revilo]

The only advice I will give you about this is to be careful because these people (crypto CEOs/influentials) sometimes make prediction just to encourage the investors and every prediction that was done using TA/FA are not always accurate.
Dyor

I agree this is an open market although we have whales controlling it

The whales are no longer the market controllers but they are the manipulator while the institutional investors are the current controller. Having said that, according to the research did by a market trend examinator Willy Woo the major buyer/accumulator in the market are ordinary people who have at least 0.1BTC to 5BTC.

we are left to decide how and where to invest and who we listen to, some of these influencers are just leading you nowhere, you have the market, the fundamentals, and the news within your reach, analyze all of this and you can come out when and where to invest your hard-earned money, but of course only invest what you can afford to lose.

This will never happen because 95% of all crypto investors are more into profit than the technology not to talk about doing research.

How do you know what you are saying about whales? I think the whales will forever be mostly the exchanges. I have no clue, but I am quite sure that the five biggest exchanges control the vast majority of BTC by now. Just look at the volume and how many BTC they cash in on a weekly basis. Multiply that by 52 and you know what they could be sitting on. Low operating costs, almost every trade sheer profit. If they stick their heads together, you have a real round table of big fat whales.