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AWMM24 (OP)
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August 23, 2021, 02:09:02 AM
 #1

Bitcoin and cryptocurrency prices have jumped today with ethereum rival cardano making a huge leap higher—even after Coinbase revealed an ethereum surprise last week.

The bitcoin price remains off the closely-watched $50,000 per bitcoin level but ethereum has climbed back over the $3,000 mark after dipping under it earlier today.

Now, as cardano and solana make double-digit gains and outpace other cryptocurrencies, famed investment strategist Lyn Alden has predicted bitcoin will hit $100,000 and ethereum will reach $5,000 as soon as next year.

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August 23, 2021, 04:01:32 AM
 #2

If we get to have the same price cycles as the previous bull markets at the end of the year, $100k is very conservative. Even Raoul Pal is predicting $200k EoY if my memory serves me right lol. But then again, it's a huge 'if'.

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Fundamentals Of
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August 23, 2021, 04:17:03 AM
 #3

Or as soon as within the year. After all, the year still has around a hundred thirty days left before it closes. That's a lot of time for something as volatile as Bitcoin. And we have a lot of proofs to say it is very possible for Bitcoin's price to double in just a matter of 120 days.

$100,000 within 2021 is a goal within easy reach for Bitcoin. $5,000 for Ethereum, I am not sure. But we could say it could create a new ATH within the year as well.
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August 23, 2021, 04:31:46 AM
 #4

Bottom line: Do you keep ETH, ADA and BTC, currently for sale, otherwise you lose big in this case, moments like this have happened twice this year, Bitcoin has already touched the $60,000 level, this is nothing new, just people thinking they will take profit twice this year.

Talking alone does nothing in crypto, only wills, predictions, ifs, and, and, and......

What do you hope for in the future, if Bitcoin breaks at the level of $100k, do you expect Altcoins to want to follow in the footsteps of Bitcoin.

R


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August 23, 2021, 04:44:58 AM
 #5

What do you hope for in the future, if Bitcoin breaks at the level of $100k, do you expect Altcoins to want to follow in the footsteps of Bitcoin.

This is a very good question.
There are a huge lot of people with investments/bags in altcoins and of course all hope the altcoins will grow too.
Even more, there are "analysts" coming here and there feeding the hope and telling that altcoin season is just around the corner.
I won't be lying, I also have some relatively small amount of altcoins which I hope they'll recover, but I'm very far from "expecting" that.
And I'm also curious on what OP thinks on this.

However, first things first, let's see where will Bitcoin "end up" this year. 100k+ looks easily achievable.

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August 23, 2021, 04:49:13 AM
 #6

Shitcoins such as Ethereum are already over pumped and even though they have been dumping for the past 3.5 years they are still overpriced (in a bubble) and have to be dumped more. For ETH a price around 0.0005BTC would be a fair price.

As for bitcoin we are on a slow but a solid rise back to the real values to get out of this reverse bubble. When price reaches $60k again we will see $100k shortly after and from there we could expect the start of the next bubble which could form in first quarter of 2022 at somewhere around $400k to $500k.

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August 23, 2021, 05:01:21 AM
 #7

~ as soon as next year.
Whatever price BTC lands this year, don't forget to cash out some of those profits. For all we know, next year could be very different from what these optimist analysts says. I'm still of the opinion that bear season will come soon following the previous market cycles.
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August 23, 2021, 05:02:47 AM
 #8

Now, as cardano and solana make double-digit gains and outpace other cryptocurrencies, famed investment strategist Lyn Alden has predicted bitcoin will hit $100,000 and ethereum will reach $5,000 as soon as next year.
On top of the current trend, altcoins have a stronger push, as it may not seem as sustainable as bitcoin. Bitcoin has a short 33-day correction and consistently breaks higher, this slow and steady rise makes me more optimistic and confident in bitcoin's destinations ahead. Going too fast can cause you to fall. Lol, In the altcoin trend beyond Sol and ADA, don't forget Avax with 2.5x growth. Its promising bridge to BTC and ETH could be the perfect destination for the aggressive expansion the market needs.
I guess bitcoin is likely to go back to $60k in this month
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August 23, 2021, 05:11:55 AM
 #9

Bitcoin has been setting astounding records over the past few months. This is a great start to 2021 for Bitcoin, in my prediction what 2021 (and the years after) will bring for this cryptocurrency. So far, it will continue to soar until the end of 2021. Explicitly, 58% of the 47 specialists stated that Bitcoin's ongoing rise will continue until the end of 2021.
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August 23, 2021, 07:43:03 PM
 #10

Bitcoin breaks the record this year, it touches new ATH which is 60k$ before it turns down again to 29k$ and for some reason we saw it touches 50k$ today, good news , social media update from some well known person/company is affecting the price to rise back to top. So it is been expected that the price of bitcoin will be 100k$ before year end.
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August 23, 2021, 10:19:43 PM
 #11

Bitcoin breaks the record this year, it touches new ATH which is 60k$ before it turns down again to 29k$ and for some reason we saw it touches 50k$ today, good news , social media update from some well known person/company is affecting the price to rise back to top. So it is been expected that the price of bitcoin will be 100k$ before year end.

It's because that is bitcoin natural movement, take aside FUD, the price will have to dip so that everyone can get on the boat again and push the price.

It might take like 4 months to climb back to $50k, but it is satisfying to see the price getting to that levels again. And now we have the next 4 months to double it to at least $100k, solid.

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August 23, 2021, 10:53:05 PM
 #12

If we get to have the same price cycles as the previous bull markets at the end of the year, $100k is very conservative. Even Raoul Pal is predicting $200k EoY if my memory serves me right lol. But then again, it's a huge 'if'.

Yeah, at the current phase of the bull run, $112-$120k conservative estimates, but as you have said, just a wild and educated guess so let's see how it goes.

Whatever price BTC lands this year, don't forget to cash out some of those profits. For all we know, next year could be very different from what these optimist analysts says. I'm still of the opinion that bear season will come soon following the previous market cycles.

I do hope that we can time the top and cash out, but it's going to be difficult as well. Of course, it's inevitable, this market goes on a bullish/bearish cycle. But it could be that we might a different cycle as we all know that bitcoin's narrative has change. We might see two super cycles or bull run or one long bearish cycle.

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August 23, 2021, 10:57:58 PM
 #13

Now, as cardano and solana make double-digit gains
Hmm.

SOL made the highlight and it is its year and that's why those holders who have a lot of it, do not forget to take your profits.

And for $100k for bitcoin, it is the prediction of majority.

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August 24, 2021, 02:03:47 AM
 #14

If we get to have the same price cycles as the previous bull markets at the end of the year, $100k is very conservative. Even Raoul Pal is predicting $200k EoY if my memory serves me right lol. But then again, it's a huge 'if'.

Yeah, at the current phase of the bull run, $112-$120k conservative estimates, but as you have said, just a wild and educated guess so let's see how it goes.

Whatever price BTC lands this year, don't forget to cash out some of those profits. For all we know, next year could be very different from what these optimist analysts says. I'm still of the opinion that bear season will come soon following the previous market cycles.

I do hope that we can time the top and cash out, but it's going to be difficult as well. Of course, it's inevitable, this market goes on a bullish/bearish cycle. But it could be that we might a different cycle as we all know that bitcoin's narrative has change. We might see two super cycles or bull run or one long bearish cycle.

If there is no need to cash out, I don't mind going through another bearish cycle. For long term investors who see Bitcoin's bigger potential 5 or so years from now, there is no need to guess the top and cash out. To those who are foreseeing another long bearish cycle, then I guess another ATH or $100,000 is a good target for cashing out.
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August 24, 2021, 04:30:15 AM
 #15

Bitcoin and cryptocurrency prices have jumped today with ethereum rival cardano making a huge leap higher—even after Coinbase revealed an ethereum surprise last week.

The bitcoin price remains off the closely-watched $50,000 per bitcoin level but ethereum has climbed back over the $3,000 mark after dipping under it earlier today.

But we had just some minor corrections once we touch $50k, just normal movement for me as speculations taking their profits, or investors having their bots to take profit when we reach this certain price. However, I don't see it going further down to $45k, we have upward momentum already and we can go back to $50k once again after this selling if is completed in about 24-48 hours. So yeah, it is closely watched right now, but the exciting part is that when we reach new all time high or that 6 digits that everyone is hoping to see before the end of 2021.

R


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August 24, 2021, 06:27:48 AM
 #16

Bitcoin and cryptocurrency prices have jumped today with ethereum rival cardano making a huge leap higher—even after Coinbase revealed an ethereum surprise last week.

The bitcoin price remains off the closely-watched $50,000 per bitcoin level but ethereum has climbed back over the $3,000 mark after dipping under it earlier today.

Now, as cardano and solana make double-digit gains and outpace other cryptocurrencies, famed investment strategist Lyn Alden has predicted bitcoin will hit $100,000 and ethereum will reach $5,000 as soon as next year.

Reference

That's right, bitcoin has soared fantastically today with ethereum and other coins also making big jumps this week, what an amazing month for people who own bitcoin, ethereum and others.

There is a possibility, both at the end of the year and at the beginning of this year, that bitcoin will reach $100,000 and ethereum reach $5,000, if you look at the condition of cryptocurrencies at a very good time at this time, what else has been forecast made by Lyn Alden as a strategist investment.

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August 24, 2021, 06:45:32 AM
 #17

We've had so far a pretty steady growth in the past month ever since we got out of the pit and has been consistently obtaining gains every week or so, and hasn't really shown signs of actually stopping. We're 4 months away from the year ending and honestly, $100k isn't that far out of the question. I hardly doubt any correction or so would actually happen since the increase wasn't really sudden or whatnot, it was rather steady for the past month or so instead.

R


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August 24, 2021, 01:29:45 PM
 #18

~ as soon as next year.
Whatever price BTC lands this year, don't forget to cash out some of those profits. For all we know, next year could be very different from what these optimist analysts says. I'm still of the opinion that bear season will come soon following the previous market cycles.

I do believe too that the bear is around the corner maybe ending of the year like what happened in 2017. Bitcoin is easily rising this year more than it goes bear. It comes back strong after a bear and we are seeing that at this time that it immytouched $50,000 which may climb more but we need to be careful to allow the profit keep growing, let it not crash in our eyes  Grin
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August 24, 2021, 01:43:57 PM
 #19


i like lyn alden's insights but she is for long term trading.

ADA seem to be at its peak, i think its about to go down already. i would probably wait for its bottom again before scooping  ADA. its BTC that is going to be a lot higher or it coukd just go sideways for weeks again before breaking out 50k.




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August 24, 2021, 01:46:44 PM
 #20

Bitcoin and cryptocurrency prices have jumped today with ethereum rival cardano making a huge leap higher—even after Coinbase revealed an ethereum surprise last week.

The bitcoin price remains off the closely-watched $50,000 per bitcoin level but ethereum has climbed back over the $3,000 mark after dipping under it earlier today.

Now, as cardano and solana make double-digit gains and outpace other cryptocurrencies, famed investment strategist Lyn Alden has predicted bitcoin will hit $100,000 and ethereum will reach $5,000 as soon as next year.

Reference
Many predictions have been made. Many so-called analysts predicted that X Coin will reach X Price in X amount of months or years.
There is nothing wrong with them though because I myself can predict any price that I want like them. Just don't take their predictions seriously Smiley.

As for Bitcoin reaching $100,000 and ETH at $5,000 as early as next year, it might be but base on what is happening right now I don't think that it will happen early next year. Maybe at mid-2022 or at the end of 2022 then we might see those 2 hit that price. Well, those 2 prices will reach eventually so its just only a matter of waiting and accumulating.

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