kendedese
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October 25, 2021, 04:04:19 PM |
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I think reaching 1 million USD by 2022 is very unlikely. I think the upper limit that bitcoin will reach in the current positive trend is around $100k and after that there will be a fairly deep price decline. so I mean in 2022 the bear market will happen again and cause the price chart to tend to move down. to reach 1 million USD took a very big push and I think bitcoin will be able to do this in the next 10 years.
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Silberman
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October 25, 2021, 04:06:07 PM |
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Do you think Bitcoin will touch the 1 million milestone in 2022? I think Bitcoin will cross 80 thousand dollars in 2022. What do you think?
That is going to be difficult, I mean I think it is almost inevitable that bitcoin at some point it is going to be worth that much money but when you assign such a small time window then things get a lot more complicated than that, I really think that 6 figures are almost inevitable during this year, but seeing a growth like that will require external factors that make people adopt bitcoin as if there is no tomorrow and I am not so sure those external factors will show up so soon.
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dragonvslinux
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October 25, 2021, 06:00:50 PM |
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Do you think Bitcoin will touch the 1 million milestone in 2022? I think Bitcoin will cross 80 thousand dollars in 2022. What do you think?
not sure, if the end of this year bitcoin hits more than $100k maybe next year will be another unlucky year for bitcoin, if indeed we see a 4 year cycle from the previous year, but it seems not all have to have the same moment, let's see that's later, I think bitcoin will drop again in 2022 around $20k as the lowest price If price "only" reaches $100K stock to flow "fair price" then I agree $20K would be the lowest price, which would likely line up with the 200 Week MA support. However now it seems likely that the $30-40K accumulation zone will hold in 2022/2023 after a significant drop. If this is the case, and next year price again crashes 80% but holds $30-40K, then we'd be looking at a high of $150-200K minimum. This to me sounds realistic, given I don't see a drop being less than 75% over the course of a year, nor do I believe price will drop below the 9-month long institutional accumulation zone, as it has been too established by long-term investors for re-accumulation. This would be similar to the $75-150 accumulation zone of 2012 didn't break either, instead price found support at the top of this zone at $150 in 2015 after an 80% correction it's worth noting. Trying to calculate a high is near impossible, but potentially there is more chance of predicting a cycle low, and therefore calculating the high from the new low if the 4 year cycle holds and price drops 80% again to the 200 Week MA like clockwork.
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ene1980
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October 25, 2021, 06:40:09 PM |
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~ I really think that 6 figures are almost inevitable during this year, but seeing a growth like that will require external factors that make people adopt bitcoin as if there is no tomorrow and I am not so sure those external factors will show up so soon.
That is the expectation majority are having but who knows what will happen in the next few months, i am also expecting a huge correction in the mean time and it is hard to predict how long the bull rally would last. Hopefully we might see the hundred thousand by the end of this year, it all depends upon how the whales are planning to book their profit, because they hold the key about how long this rally will last.
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beerlover
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October 25, 2021, 08:26:16 PM |
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Do you think Bitcoin will touch the 1 million milestone in 2022? I think Bitcoin will cross 80 thousand dollars in 2022. What do you think?
You are asking us about one million dollars levels but you are speculating about only eighty thousand dollars, why this much gap? If you go by 4 year cycle of bitcoin markets then you may need to wait for another halving and its consequence triggered bull rally. It means you might need to wait till 2025 before thinking about one million dollars levels for bitcoins. $80k must be possible in next 5 to 10 days; I mean we will get into new ATH by end of this month or by beginning of November month and this way I wish to see bitcoin in 2022 above $100k levels and not anything below that levels. 80k is definitely something that is possible during this period. We have reached to a level where we hit 67k and that is basically just what 10% or 20% higher to reach 80k? That is not something that would be hard for crypto, we have reached that much higher prices all the time and we could do that again. Going 50%+ higher in crypto is not really something that is something that is hard and people could do something like that very easily. I believe that we are not going to have any type of problem reaching 80k at all, and will definitely happen during 2021 unless something unexpected happens. However if we are talking about 1 million dollars, just 1 year is not enough for that, even 500k is not looking that possible right now. Hopefully we can see that on next cycle but I believe that it is not going to happen anytime during this period, not in the next one year or even probably two years.
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2double0
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October 25, 2021, 10:22:04 PM |
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80k is a reasonable possibility for btc to touch, but a million is not possible in 2022. Because you must calculate the market capitalisation needed to reach there, then average out the funds required. It is not possible for even institutions to shed out that much money on a single asset. Million is possible but it is a milestone, so to reach there will take years.
And your question was funny in the title. Are we 'Elon Musk' to decide or like where will btc head in 2022?
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Bollexz1
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October 25, 2021, 10:25:53 PM |
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We should be looking at 100k by 2022 if eventually it didn't smack that record this year 2021. Yes I know expectation are being set High but no one can really tell as anything is possible.
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Reatim
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October 26, 2021, 08:25:07 AM |
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Do you think Bitcoin will touch the 1 million milestone in 2022? I think Bitcoin will cross 80 thousand dollars in 2022. What do you think?
the question is different from the thread lol , and beside it is not what we wanted to see instead it is what we can contribute for the price of Bitcoin to increase . we keep talking about how much the price can reach but the question is are we contributing ? or we are just adding pressure to the situation and bringing false Hope for the Holders? Buy Bitcoin , Hold then so you can give some help in the price increase. I am contented on how much bitcoin is valuing now and with my small contribution i don't wanna expect so much hype.
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davis196
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October 26, 2021, 10:43:38 AM |
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Do you think Bitcoin will touch the 1 million milestone in 2022? I think Bitcoin will cross 80 thousand dollars in 2022. What do you think?
1M Bitcoin price will most likely never be reached,unless the US dollar becomes less valuable than toilet paper. 80K USD in 2022 seems possible,but so do prices below 50K or 40K also seem pretty possible. I'm OK with any price above 40K USD. In 2022,the western world will get rid of the pandemic and the global economy will fully recover. I don't know how the Bitcoin market would react to the economic growth in the short term.Perhaps many investors will sell BTC and move into the stock market.Other investors might join the crypto markets for the first time.Despite all that,I'm sure that the Bitcoin price will grow in the long term.
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fortunecrypto
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October 26, 2021, 01:59:45 PM |
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Do you think Bitcoin will touch the 1 million milestone in 2022? I think Bitcoin will cross 80 thousand dollars in 2022. What do you think?
I don't think so it's a long shot we need one more halving for us to think or speculate that the price will reach $1 million, $80 k is very much possible next year if we are lucky and if there is good news coming it's possible for Bitcoin to reach $80 k.
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Rimueng
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October 26, 2021, 02:34:19 PM |
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A few days ago, bitcoin had broken through the price of $66k which was the new ATH. Looking at the recent very significant increase in the price of bitcoin, it can be said that the achievement of the Bitcoin price in 2022 could reach $100k. Therefore, judging from the price growth over the past few weeks, the price of bitcoin is likely to continue to rise significantly in the next few years.
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arufox
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October 26, 2021, 03:28:51 PM |
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The bitcoin price movement has been in a bullish trend for the past few days and has just surpassed a new ATH again. The potential for continued upside for bitcoin will continue, and this has already been seen where the price has already reached $66k. I predict, early next year, the price of bitcoin will break the $100,000 level.
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Review Master
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October 26, 2021, 07:15:36 PM |
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A few days ago, bitcoin had broken through the price of $66k which was the new ATH. Looking at the recent very significant increase in the price of bitcoin, it can be said that the achievement of the Bitcoin price in 2022 could reach $100k. Therefore, judging from the price growth over the past few weeks, the price of bitcoin is likely to continue to rise significantly in the next few years.
Maybe it won't take that much time to hit the milestone of $100k if there isn't any new fuds into the market. Also we might see small correction market in 2022 as well because we have institutional investors and they'll profit out whenever they're on profit and create fear among the retail investors to buy at dip, just like the previous correction zone. But bitcoin might hit those milestone within this year or 2022 according to current sentiment of market.
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ziyaaa
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October 26, 2021, 08:29:25 PM |
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In 2022, a $80k target for Bitcoin is very achievable. And it is even an easy target for Bitcoin price actually. I actually wait for the price to reach $100k level at least in the first quarter of next year in the worst case. Actually, I have been waiting for witnessing this before the end of this year. But I have my doubts about it. Bitcoin has broken a new price record but we still need a bull run to see a level like $100k.
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samcrypto
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October 26, 2021, 08:58:29 PM |
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The bitcoin price movement has been in a bullish trend for the past few days and has just surpassed a new ATH again. The potential for continued upside for bitcoin will continue, and this has already been seen where the price has already reached $66k. I predict, early next year, the price of bitcoin will break the $100,000 level.
This is more possible to happen next year, I also want to see Bitcoin at the price of $100k though its hard to tell when it will happen because of volatility in the market and the changes of the trend every year. We still have 2 months left before the year end, that could be an enough time to reach a higher price, $100k is the target, and hopefully to at least get close enough to that price before the year end.
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barbara44
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October 26, 2021, 10:20:46 PM |
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I also want to see Bitcoin at the price of $100k though its hard to tell when it will happen because of volatility in the market and the changes of the trend every year.
We still have 2 months left before the year end, that could be an enough time to reach a higher price, $100k is the target, and hopefully to at least get close enough to that price before the year end.
We are inching toward that dream price level but I feel market is into cautious mode. Because, also most everyone is agreed to 4 year cycle of bitcoin markets which means after this year, we may not see continuation of bull market hence everyone wants to book profits before most other people and institutions will do that. So, when everyone is expecting market to turn by end of this year then market may make a move before we expect. This does not mean that I am speculating $100k is not possible but by considering the current stagnant movement of markets makes me to think like that. Before getting into $60k levels I was too confident about getting up to $190k levels but now market is not moving up as we have seen on last bull rallies.
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Kasabus
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October 26, 2021, 11:58:25 PM |
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The bitcoin price movement has been in a bullish trend for the past few days and has just surpassed a new ATH again. The potential for continued upside for bitcoin will continue, and this has already been seen where the price has already reached $66k. I predict, early next year, the price of bitcoin will break the $100,000 level.
This is more possible to happen next year, I also want to see Bitcoin at the price of $100k though its hard to tell when it will happen because of volatility in the market and the changes of the trend every year. We still have 2 months left before the year end, that could be an enough time to reach a higher price, $100k is the target, and hopefully to at least get close enough to that price before the year end. Well, reaching $80k will be more possible by next year for bitcoin. For now, maybe $70k-75k is the target that will be the last price that will be achieved before this year ends. Although, crypto market is always unpredictable and it may even go higher reaching another unexpected price, but it will only be possible if there is a really big news that will hit the market. Other than that, if only small positive news will influence the market, then for sure it will only be a little by little spike in price.
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Silberman
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October 28, 2021, 04:16:38 PM |
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We should be looking at 100k by 2022 if eventually it didn't smack that record this year 2021. Yes I know expectation are being set High but no one can really tell as anything is possible.
100k by 2022 makes sense but only if we are talking about the beginning of that year, and even then I doubt it could take that long for bitcoin to reach that price, we know the last quarter of each year has a positive tendency for bitcoin and that could be more than enough for investors to begin to take some long positions on bitcoin, this increases the price which makes other people to do the same in a self-reinforcing cycle, we have seen this before and I think it could happen again.
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jaberwock
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October 28, 2021, 06:52:40 PM |
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100k by 2022 makes sense but only if we are talking about the beginning of that year, and even then I doubt it could take that long for bitcoin to reach that price, we know the last quarter of each year has a positive tendency for bitcoin and that could be more than enough for investors to begin to take some long positions on bitcoin, this increases the price which makes other people to do the same in a self-reinforcing cycle, we have seen this before and I think it could happen again.
There are two scenario we need to consider for 2022 bitcoin markets. 1. If we have continuation of bull rally into 2022 then we may have bitcoin prices to be trading above $100k levels. 2. If bears start their action in 2022 then we need to consider how low market may go down even among positive news like new governments will be adapting bitcoin for their legal tender or bitcoin ETF or China's unban of mining. So, I am seeing bitcoin to be trading above $100k in 2022 regardless of what would be the trend. I mean even we may have ATH above $200k in 2022 still trading above $100k would be good to have by considering where we are trading right now.
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Cafex
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October 28, 2021, 07:36:59 PM |
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We saw that Bitcoin price reached a new ATH level by $66.9k not a long time ago. And it is still able to stay above $60k even though the last correction which caused the price to go down below this level. So, I don't think that the $80k level is hard to achieve for Bitcoin. We can see this price even in this year I believe. All we need is a bull market, that's it. And as of 2022, the price should be able to go above $100k finally.
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