Bitcoin run up is coming

[Xampeuu]

The bull run is surely going to take prices above high levels this time which seems to be impossible few time ago because have we imagined that this year we will see it around $70k also but it was about to reach that also but still according to price analysts like Plan B it is going to reach $98k by the year end and that's approximately $100k which was our target form long time and now it seems achievable easily.More and more funds are going to flow into bitcoin with time taking us above each unexpected levels.

hopefully it will be driven by positive news for the development of cryptocurrencies, because yesterday we saw news from a bidden that influenced the decline in bitcoin prices, but now it looks like bitcoin is not like last year 2018, which can recover soon even we see some new peaks this year

[Botnake]

The bull run is surely going to take prices above high levels this time which seems to be impossible few time ago because have we imagined that this year we will see it around $70k also but it was about to reach that also but still according to price analysts like Plan B it is going to reach $98k by the year end and that's approximately $100k which was our target form long time and now it seems achievable easily.More and more funds are going to flow into bitcoin with time taking us above each unexpected levels.

hopefully it will be driven by positive news for the development of cryptocurrencies, because yesterday we saw news from a bidden that influenced the decline in bitcoin prices, but now it looks like bitcoin is not like last year 2018, which can recover soon even we see some new peaks this year

Bitcoin is still in a price correction right now and that is why its price is still  below $60k. But i know this won't take so long and won't go even deeper because bitcoin today is a lot more different compared to 2017. There are already big institutions that have start to backed up bitcoin so in times of price correction, its price will certainly experience a decline and then after that, we can see bitcoin and other solid altcoins start to recover again and continue to reach their new ATH.

[giammangiato]

The bull run is surely going to take prices above high levels this time which seems to be impossible few time ago because have we imagined that this year we will see it around $70k also but it was about to reach that also but still according to price analysts like Plan B it is going to reach $98k by the year end and that's approximately $100k which was our target form long time and now it seems achievable easily.More and more funds are going to flow into bitcoin with time taking us above each unexpected levels.

hopefully it will be driven by positive news for the development of cryptocurrencies, because yesterday we saw news from a bidden that influenced the decline in bitcoin prices, but now it looks like bitcoin is not like last year 2018, which can recover soon even we see some new peaks this year

Bitcoin is still in a price correction right now and that is why its price is still  below $60k. But i know this won't take so long and won't go even deeper because bitcoin today is a lot more different compared to 2017. There are already big institutions that have start to backed up bitcoin so in times of price correction, its price will certainly experience a decline and then after that, we can see bitcoin and other solid altcoins start to recover again and continue to reach their new ATH.

Reading and observing various analysts it is hypothesized that bitcoin should exceed 60k between the end of December and the beginning of 2022, in any case the trend is always upward, financial philosophers argue that over the years it could even reach 1kk, in any chance is always a good time

[Cryptmuster]

Reading and observing various analysts it is hypothesized that bitcoin should exceed 60k between the end of December and the beginning of 2022, in any case the trend is always upward, financial philosophers argue that over the years it could even reach 1kk, in any chance is always a good time

Analytics it good, but the price cannot always rise, after the bull run the market will fall. It has always been this way and I don't think that this time anything will change. Big players who bought bitcoins will not keep them forever, at some point they will start fixing profits and then the price can fall very significantly. But after the fall, the phase of accumulation and growth will begin again, which is likely to be even greater than now.

[Mauser]

I don't have the balls to buy bitcoin right now.

But if you are balsy... then you now know what to do.

Isn't it always like that, we need to have a strong belief on bitcoins to be buying right now. I agree with you that inflation is a strong driver of the crypto prices right now. Saving money at the bank or in bonds is a very bad invest right now, all the purchasing power of low risk investments is going to disappear. In the end we need to decide if we want to go for cryptos, stocks or gold. For me this is a no brainer, stocks are already being bought by my retirement fund and I don't want to put all my money in stocks, as for gold is not a good investment anymore. Gold is already so expensive, its much better to go for cryptos. Crypto currencies are the gold of the 21th century.

[Zanab247]

I guess world economy crisis can't stop bitcoin not to break record to become the best and reliable digital currency in the world. Now that many countries are making bitcoin legalized, it show that there will be massive pumping in the market to enable those that invested on short and long term to earn a good profit from their bitcoin investment.
Despite the price of bitcoin is decreasing in the market, that is making their customers afraid about their investment now that the end of the year is near which many of them have a good target to catch. This opportunity that is coming for all bitcoin investors to achieve favourable income from their investment is about to land.

[Reatim]

So many things to consider right now for Bitcoin to go more upward.
Yes, I agree that hyperinflation is the major key here another up leg for Bitcoin. That's why Bitcoin is still on sideways these days and not dropping below $50,000 which good sign.

This is the major problem that Bitcoin can solve which I can consider Bitcoin will solve it.

+1  and in this case bumping in Bitcoin market will surely happen soon , european countries are one of the biggest target market of cryptocurrencies and if Bitcoin succeed then altcoins will surely comes next.
wondering what will 2022 brings to this community .

I completely agree that Bitcoin takes time to make profits, but it's rising graph is very impressive and right now it is one of the best trading options. I am not very sure that the energy crisis will affect Bitcoin growth as mentioned by OP. Let's see how high it will go. From its current $65,772.70.

well it is 68,700k not 65k , and drops abd today hopefully will recovered tomorrow .

[freedomgo]

I don't have the balls to buy bitcoin right now.

But if you are balsy... then you now know what to do.

Isn't it always like that, we need to have a strong belief on bitcoins to be buying right now. I agree with you that inflation is a strong driver of the crypto prices right now. Saving money at the bank or in bonds is a very bad invest right now, all the purchasing power of low risk investments is going to disappear. In the end we need to decide if we want to go for cryptos, stocks or gold. For me this is a no brainer, stocks are already being bought by my retirement fund and I don't want to put all my money in stocks, as for gold is not a good investment anymore. Gold is already so expensive, its much better to go for cryptos. Crypto currencies are the gold of the 21th century.

If your mindset is more positive on crypto, then you're definitely on a right track. Do not wait for its price to skyrocket before you start buying them. Bitcoin is definitely the best investment right now and despite of its recent price correction, its value remains to be higher than any crypto or other types of investments. And with the current inflation that most of the big countries are experiencing right now, it paves the way for faster adoption of crypto and boosting its price to rise up more.

[kryptqnick]

I disagree. I don't think this will affect BTC price in a big way unless a major financial crisis breaks out in Europe in the near future which will most likely not happen. We aren't just talking about a single country like Greece here.

BTC will continue rising slowly and steadily in price regardless of such events in the coming events based on historical data in my opinion.

I agree with this. I'd even put the world instead of Europe here because only a sudden global economic crisis (or, rather, an event that rapidly leads into it all getting worse) can make a difference at this point. Fiat might be less stable than it used to be, but it's nowhere near the volatility rate of cryptocurrencies, so they don't seem like a more reliable choice these days. Bitcoin is going up and down, and if 5% inflation in a year is not good for fiat, Bitcoin is 10% down over the last 7 days, so the difference is still huge and fiat seems extremely stable in comparison.

[adzino]

You are so sure about all those inflations and how banks will use peoples money to invest in bitcoin while people will be holding those "worthless" money, yet you say you don't have the "balls" to invest in bitcoin? Why? Why don't you invest your fiat money (which according to you will become worthless) and hold bitcoins? Or are you just trying to FOMO people into investing in crypto currencies? That's not the best way to introduce people to the market. You can do it in a better way. Maybe explain it to them why bitcoin "might" be the future and why it is better than fiat currency.

[Ziskinberg]

You are so sure about all those inflations and how banks will use peoples money to invest in bitcoin while people will be holding those "worthless" money, yet you say you don't have the "balls" to invest in bitcoin? Why? Why don't you invest your fiat money (which according to you will become worthless) and hold bitcoins? Or are you just trying to FOMO people into investing in crypto currencies? That's not the best way to introduce people to the market. You can do it in a better way. Maybe explain it to them why bitcoin "might" be the future and why it is better than fiat currency.

it is sometimes we are blind to see the reality and never find any good things to it as once being ignored. And this happens to OP, he had no ball to invest in crypto but have it hold and put his fiat money on the banks making this institution grow, not the holders. It was very unfortunate and after all the proof and hearing from experts, some will just keep thinking that Bitcoin is still worthless.

[bosede1]

In my country now the rich are already nervous and complaining about the inflation rate which has adverse effect majorly on the price of goods and services. If you complain that Bitcoin run up is coming and you decide not to buy, the next price might double the price in which you are scared of now. I will say invest the little you have now.

[giammangiato]

I don't have the balls to buy bitcoin right now.

But if you are balsy... then you now know what to do.

Isn't it always like that, we need to have a strong belief on bitcoins to be buying right now. I agree with you that inflation is a strong driver of the crypto prices right now. Saving money at the bank or in bonds is a very bad invest right now, all the purchasing power of low risk investments is going to disappear. In the end we need to decide if we want to go for cryptos, stocks or gold. For me this is a no brainer, stocks are already being bought by my retirement fund and I don't want to put all my money in stocks, as for gold is not a good investment anymore. Gold is already so expensive, its much better to go for cryptos. Crypto currencies are the gold of the 21th century.

Always and in any case buying bitcoin is a good long-term investment, it depends on what you want to get, if it's about short-term earnings it's not a good time, I know people who exchange their salary totally in bitcoin, I am aware that it is too much but most of the time they are in continuous profit, they keep the minimum to survive, using bitcoin in case of need, dangerous as a strategy but to make it clear that it is always a good investment!

[carrigan]

I don't think banks will give up on Bitcoin even if inflation occurs. Surely banks have their own tricks, especially with the support from the government. Banks are the pinnacle of world finance that are loved by many people. Whatever happens the government will definitely protect the bank. For the second issue regarding Bitcoin's rise in 4-6 months I think it's just based on your analysis. Maybe the end of this year Bitcoin will pump, I hope so.

[Lanatsa]

I don't think banks will give up on Bitcoin even if inflation occurs. Surely banks have their own tricks, especially with the support from the government. Banks are the pinnacle of world finance that are loved by many people. Whatever happens the government will definitely protect the bank. For the second issue regarding Bitcoin's rise in 4-6 months I think it's just based on your analysis. Maybe the end of this year Bitcoin will pump, I hope so.

For sure they would have it and they wouldn't really be making crypto as their last resort.They wont really be touching it out yet this would totally opposes on what they've been fighting since from the beginning.

Inflation is inevitable and its true that banks does have something up to their sleeves which in short they are already prepared for such thing.

Bitcoin might be adopted even more in the future but it would still remain as an option.

[yazher]

For some people might say something like that will happen, but maybe there will be a way to deal with inflation without having to run to bitcoin, inflation has always existed even before bitcoin, and that problem can also be solved. we just don't know for sure how it happened. CMIIW

Their experience about inflation in the past, they don't have any choice but to find some alternatives out of nowhere and solve it just like that before the existence of bitcoins. Now they have the crypto industries, they won't go to something unknown rather they will just look at how El Salvador's data was and adapt it to their economic system. since bitcoins are here they won't go to another choice which will not bring them concluded result.

[Sayeds56]

I disagree. I don't think this will affect BTC price in a big way unless a major financial crisis breaks out in Europe in the near future which will most likely not happen. We aren't just talking about a single country like Greece here.

BTC will continue rising slowly and steadily in price regardless of such events in the coming events based on historical data in my opinion.

True. It is highly unlikely that Bitcoin will make a big Parabolic candle and jump to 100K in a week or month but it will continue rising upward with corrections every now and then. This is how even stock market behaves. having said that it is also true that huge fiat currency has been printed in almost every country during covid-19 era by central bank of every country that has raised inflation worldwide and this help Bitcoin price because it is anti inflationary currency.

[D-law]

Decisions are meant to be made at critical moments, refusing to buy bitcoin due to the inflation of the price,this shows lack of risk taking from you @OP.
After all of this issues ce with a high rise of the price of bitcoin, hope you get to make right decisions not safe ones.

[Rufsilf]

For some people might say something like that will happen, but maybe there will be a way to deal with inflation without having to run to bitcoin, inflation has always existed even before bitcoin, and that problem can also be solved. we just don't know for sure how it happened. CMIIW

There can be another ways or options that is a certain hedge against inflation, like rare metals like gold, platinum and silver or something rare and scarce like limited in suppy. You can also do stocks or real-estate, but it's up to you depending what kind you prefer to invest or your area of expertise to temporarily escape from inflation.
Although among those choices stated above, I can still say that bitcoin is the best and safest bet anyone could invest because the value is indeed rising quitely due to limited supply-and-demand. If you choose to hold bitcoin then you're in the safe hands and the risk is reduced from medium to minimal.

[Anonylz]

Now that the inflation is rising in Europe, caused by energy costs ?! <G> there will be a run on bitcoin to maintain wealth.

The inflation is already at 4 to 5% maybe even higher.

This can not continue for longer before rich people start to get very nervous.

If there ever was a time where bitcoin is going to skyrocket out of control, it's the coming 3 to 6 months ! =D

Banks will panic, Banks will buy bitcoin too, with bank account holder savings.

And the bank account holders will be the nigga holding the bag, worthless money caused by inflation.

From riches to rags ! LOL.

I don't have the balls to buy bitcoin right now.

But if you are balsy... then you now know what to do.

You can at least buy a little even not much, how can someone with such vision about banks and where btc will go don't have the necessary balls to take action, it doesn't require strong balls though to get in now before you wish you had done so earlier when you made this post, do the needful while you still can.