Bitcoin will Hit over 700% or $250k is this possible?

[Lucius]

But in consideration of the halving, I greatly agree with Lucius given the logic and calculation of the price trend of Bitcoin,  the possible price range of Bitcoin after 2 halvings (2028/29) would possibly hit more than $250k.

If we would take halvings as the main criterion that will determine the price, then everything we have written really makes sense, provided that Bitcoin still follows its pattern. However, it should not be forgotten that there may always be some factor x that will bring about the disorder - or as they would say in the famous SF film series that disturbance in the Force can occur.

In addition, each new pump will sooner or later be stopped at one point, and a large number of long-term holders have their exit points at $100k, and at any round number above that. If we are talking about reaching $250k per 1 BTC, we need to know that one thing is to get to that point, and something completely different to maintain stability at that point.

[1713547498]

1713547498

[1713547498]

1713547498

[1713547498]

1713547498

[aylabadia05]

Almost all people who know about Bitcoin, strongly believe that Bitcoin is the most promising future asset. Before this prediction was published, there were also those who predicted that Bitcoin would reach a price of $100k in 2022. For me, predicting the price of Bitcoin is very interesting, but let's not talk about the timing. Because people like us who believe in the future of Bitcoin don't need that. For me at this time what needs to be done is to buy according to the money available and hold it.

[BitcoinPanther]

According to the news, the CEO of global investment manager VanEck that Bitcoin will possibly hit 732% or around $250,000 because institutional investors and governments will drive Bitcoin’s price appreciation. Jan Van Eck is the CEO of  the $80.4 billion asset.

It's possible.
But have you noticed there's no specific date?  It might be 4 years after now when after Bitcoin halving will come which the most anticipated events that expected Bitcoin price will hit into another ATH.  That was might the CEO of a global investment manager meant.

Actually, he thinks that it might need decades to come true though in the latter part of his statement he said that it is difficult to tell the time frame.

We're all here as Bitcoin believers, but predictions such as this will be impossible to happen after next week or next month but I'm confidently sure that Bitcoin will reach this price range without a specific date and time.

There is no other way for Bitcoin but to be adopted by both institutions and government, If they don't they are missing out.  And this adoption is believed to trigger that surge and eventually break the $250k wall.

+1 because there's currently a lot of disruptions in the world causing patterns to be broken or delayed etc.

Precisely! In the last cycles we didn't have a freakin pandemic and a crapload of cash being printed by the federal reserve. I wouldn't be surprised if the s2f didn't break if we didn't have this global economic fiasco. But yea, some global event messing everything up is pretty inevitable.

It is still less than two years before the halving, I hope the economy had recovered by that time and war won't escalate because it will greatly impact the Bitcoin market trend when it does.

[buwaytress]

If we would take halvings as the main criterion that will determine the price, then everything we have written really makes sense, provided that Bitcoin still follows its pattern. However, it should not be forgotten that there may always be some factor x that will bring about the disorder - or as they would say in the famous SF film series that disturbance in the Force can occur.

In addition, each new pump will sooner or later be stopped at one point, and a large number of long-term holders have their exit points at $100k, and at any round number above that. If we are talking about reaching $250k per 1 BTC, we need to know that one thing is to get to that point, and something completely different to maintain stability at that point.

Definitely one of those who's eyeing the halving. Every other indicator for me's become less and less reliable (though to be technical, 200MA is still something I comfort myself with when days are dark) but halving is something that seems to remind the markets of what's tried and true: that new supply is encroaching sub 1 BTC.

That said, fundamentals and underlying market foundations have never been more different with each new cycle, so while trends and patterns should largely follow the conventional assembly line of top, capitulation, accumulation etc. I think the peaks (and corresponding floors) are what can no longer be predicted.

I really like the 250k target but that's still about 300% gain from the Nov ATH... a first time Bitcoin will surpass the performance of the last ATH-on-ATH.

[kesmex]

if you ask it is possible or not, of course the answer is possible, because it has been proven, isn't it?
many people also asked in 2017-2018 whether Bitcoin was able to reach new ATH? and look at the year 2021 the price of Bitcoin reaches $65k,
yes of course we have to believe in the achievement of the next bitcoin price in the future, I believe $100k is the first achievement

[el kaka22]

Why would we care about a CEO saying something, if the world is in such a terrible financial situation, half of it is due to all these CEO's wanting more and more and more profit, if you make 1 billion profit today, why not make 2 tomorrow, and 3 the day after.

These people are always hungry for more, and the mindset overlaps with the idea that it will be 250k. Not saying that it won't happen, it will definitely happen one day, I never say anything is guaranteed in crypto, but about this I can say so, 250k is guaranteed, we just do not know if it will be within 1 year, or 10. This guy is saying something similar so I am not going to argue against it.

[lixer]

Almost all people who know about Bitcoin, strongly believe that Bitcoin is the most promising future asset. Before this prediction was published, there were also those who predicted that Bitcoin would reach a price of $100k in 2022. For me, predicting the price of Bitcoin is very interesting, but let's not talk about the timing. Because people like us who believe in the future of Bitcoin don't need that. For me at this time what needs to be done is to buy according to the money available and hold it.

What about the haters and normal individuals that don't dig much deeper in btc? They already heard about btc but they don't thought of what you said. Only the solid btc supporters are the only one's that can think of that but yeah there are other better predictions that this one.

This is not the first and this is not going to be the last but the more the adoption we get the more the prediction that could  come about btc reaching a higher value. 100k for btc is still weak. Maybe you are not aware that there are experts that say's btc can reach 1 million dollars? But this is the one that can reach a decade or two and not the 250k that is said in the article.

[dunfida]

Why would we care about a CEO saying something, if the world is in such a terrible financial situation, half of it is due to all these CEO's wanting more and more and more profit, if you make 1 billion profit today, why not make 2 tomorrow, and 3 the day after.

These people are always hungry for more, and the mindset overlaps with the idea that it will be 250k. Not saying that it won't happen, it will definitely happen one day, I never say anything is guaranteed in crypto, but about this I can say so, 250k is guaranteed, we just do not know if it will be within 1 year, or 10. This guy is saying something similar so I am not going to argue against it.

Usually whenever these positive sentiments do come out then its really a solid indication that they had already placed or secured out theirselves on the bottom and thats the time they would really be shilling out about

Bitcoin.Im not saying that btc doesnt have that kind of capability but we do all know that everything do moves randomly which means that no one could able to predict on where we would be going.

Whether we do see those ath-breaking situation or would really be decreasing even more which is lower on the current value that we do have today.

[Mpamaegbu]

For me, nothing is impossible when it comes to cryptocurrency. Did anyone imagine that Bitcoin will within a decade of its creation get to this height it's today? No? Of course, not. I'm sure not even Satoshi imagined it would get to this price level within this time. He would've envisaged that it would gain traction after a while but I'm definitely sure he wouldn't have imagined this huge success. If we reckon that a decade ago Bitcoin was worth virtually nothing. In fact, it was there begging to be taken. Here we're today. $250k could be there for a taken. The problem with this industry is the so much FOMO and the timestamp to achieve every prediction. If only we can allow Bitcoin breathe and not be too anxious about it, unnecessarily, I think it will do greater wonder than it has done already.

[19Nov16]

Everything is still possible, I'm still optimistic that what is happening right now is normal and often happens, a good opportunity to buy at a low price we can get a few days now, don't complain if the price has skyrocketed again and the mistake that often happens is selling Bitcoin With low prices but buying when rising and expensive.