Bitcoin Longterm Price Target

[Kelvinid]

It is not easy to predict Bitcoin price in long term.

It is actually too easy mate but because the market is unpredictable, we can't be sure and we don't have any assurance that was right or even close to it.
But somehow, people are happy doing this just a way to motivate themselves.

Crypto market is now very complected these day. Market has gone very bear. Every country is now very serious about crypto they are facing big problems to ban or not ban these crypto. altocoin increasing day by day. All money in crypto spreading toward these new emerging crypto so it is very hard to predict Bitcoin price for future. You can talk about how much Bitcoin will crash this time?

Complicated, uncertain - that is always. Thus, if we let our emotions control us, panic seems too easy and many of us will tend to sell at loss, and only a few people can hold. That is why we should always keep our faith once we are in crypto and adopt the system that we have. Lastly, keeping ourselves aware of the situation.

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[rby]

It is not easy to predict Bitcoin price in long term. Crypto market is now very complected these day. Market has gone very bear. Every country is now very serious about crypto they are facing big problems to ban or not ban these crypto. altocoin increasing day by day. All money in crypto spreading toward these new emerging crypto so it is very hard to predict Bitcoin price for future. You can talk about how much Bitcoin will crash this time?

It is more easy to predict the price of Bitcoin on the long term  than to predict it on the short term. Bitcoin has a steady pattern of movement since it was created and if you follow the pattern, you will be able to predict Bitcoin long time price.

In 2years time, Bitcoin will make a movement upto its former ATH, but Bitcoin will not go below 15k. The buy signal is strong, people creating panick to pull btc price down the more are people that sold at 23k. But their force is not so strong.

[deathcode]

I don't think so btc will go below $17,000. If someone sell at this price I would think he either has a financial crisis or has not acquired proper knowledge of Bitcoin. Besides, the whales are trying to figure out how to lower it further. I think the crypto world needs to be more aware of this. We should always avoid listening to any rumor.

The rumors in the media today are growing quite fast. it was a whale attempt to get a better bottom price. because those who have Bitcoin in the current downturn will find it very difficult to let go at a loss. if that happens maybe the owner of the asset needs money and financial difficulties.
we will never know if Bitcoin will be at a certain price in the future. but the market situation will always teach a lesson. For those who are aware of course, a decrease is an opportunity to earn more. because the future potential with the upcoming bull trend will be very profitable.
I think in the next 3-5 years, bitcoin will break the ATH that has been created before.

[tvplus006]

...I think in the next 3-5 years, bitcoin will break the ATH that has been created before.

I think ATH will be exceeded much earlier, namely on the next bullish cycle. Given the influence of halving on the price of bitcoin, it can be assumed that the next ATH will be in 2024, when the reward will be reduced to 3,125 BTC. Thus, a decrease in supply may lead to an increase in the value of BTC.

[abel1337]

It's hard to predict the actual number of even if we meant long term. Bitcoin all time high is just increasing every time we experienced bull market, On the next bull run we might experience past 60k and it's hard to tell when will this increase stop given that the demand is just increasing and the supply is fixed. I believe that we can see a near accurate price if bitcoin stop appreciating and not passing it's all time high on a bull market.

[Rufsilf]

It's hard to predict the actual number of even if we meant long term. Bitcoin all time high is just increasing every time we experienced bull market, On the next bull run we might experience past 60k and it's hard to tell when will this increase stop given that the demand is just increasing and the supply is fixed. I believe that we can see a near accurate price if bitcoin stop appreciating and not passing it's all time high on a bull market.

That is why I don't even think about many from now but rather focus on the current situation. Perhaps, we don't have any idea how long this Bitcoin gonna stay. While this still exists and we can still make benefit from this, we have to take this opportunity then. Because whether it goes up or went down, people will still accept it as we know the nature of the market. But speculating what will happen many years from now, makes no sense to me at all.

[awik p]

It's hard to predict the actual number of even if we meant long term. Bitcoin all time high is just increasing every time we experienced bull market, On the next bull run we might experience past 60k and it's hard to tell when will this increase stop given that the demand is just increasing and the supply is fixed. I believe that we can see a near accurate price if bitcoin stop appreciating and not passing it's all time high on a bull market.

That is why I don't even think about many from now but rather focus on the current situation. Perhaps, we don't have any idea how long this Bitcoin gonna stay. While this still exists and we can still make benefit from this, we have to take this opportunity then. Because whether it goes up or went down, people will still accept it as we know the nature of the market. But speculating what will happen many years from now, makes no sense to me at all.

there will be many different views about bitcoin, but indeed the best thing is that when there is an opportunity, we must immediately take it. just like when bitcoin experiences a bullrun, then we have to sell it immediately, because if we keep holding it, there will be a very deep correction, and no one knows when a recovery will occur. therefore take part during the bullrun and diversify it in other investment areas, and provide reserves to wait for the buying area

[Silberman]

I don't think so btc will go below $17,000. If someone sell at this price I would think he either has a financial crisis or has not acquired proper knowledge of Bitcoin. Besides, the whales are trying to figure out how to lower it further. I think the crypto world needs to be more aware of this. We should always avoid listening to any rumor.

Without a doubt anyone that is selling right now has made a mistake along the way, they either do not know enough about bitcoin in order to be 100% sure that it is going to be there for the long term or they invested so much money in the market that now that bitcoin went down in value they are unable to endure the losses they are suffering, and this is a huge problem because one of the most basic principles of trading is that you should only invest whatever you can afford to lose.

[adzino]

The 21 million bitcoin is the max supply, but don't forget about all those lost bitcoin and those bitcoins that will be lost in the future. And then not "everyone" will have a share of bitcoin. Some people will have more than others. So the price that you predicted is nowhere accurate. No one can predict the long term price of bitcoin. What if crypto currencies never go mainstream? The price will end up being like it is right now. What if it goes mainstream? It will skyrocket!

[DanWalker]

The 21 million bitcoin is the max supply, but don't forget about all those lost bitcoin and those bitcoins that will be lost in the future. And then not "everyone" will have a share of bitcoin. Some people will have more than others. So the price that you predicted is nowhere accurate. No one can predict the long term price of bitcoin. What if crypto currencies never go mainstream? The price will end up being like it is right now. What if it goes mainstream? It will skyrocket!

OP has also said that his calculation is incorrect.
In my view, we don't need to predict the future price of bitcoin (30 years, 50 years is a very long way from now), it's really unpredictable. But one thing is for sure we can know that in the long run bitcoin will continue to rise in price and it will not stop at $100k or $200k.

As long as the demand for bitcoin keeps growing and the acceptance of bitcoin becomes more and more widespread and widespread, the price of bitcoin will always trend up. We should take advantage of this moment to own more bitcoin because when the price of bitcoin goes up it becomes difficult to collect.

[globalpain]

It's hard to predict the actual number of even if we meant long term. Bitcoin all time high is just increasing every time we experienced bull market, On the next bull run we might experience past 60k and it's hard to tell when will this increase stop given that the demand is just increasing and the supply is fixed. I believe that we can see a near accurate price if bitcoin stop appreciating and not passing it's all time high on a bull market.

That is why I don't even think about many from now but rather focus on the current situation. Perhaps, we don't have any idea how long this Bitcoin gonna stay. While this still exists and we can still make benefit from this, we have to take this opportunity then. Because whether it goes up or went down, people will still accept it as we know the nature of the market. But speculating what will happen many years from now, makes no sense to me at all.

there will be many different views about bitcoin, but indeed the best thing is that when there is an opportunity, we must immediately take it. just like when bitcoin experiences a bullrun, then we have to sell it immediately, because if we keep holding it, there will be a very deep correction, and no one knows when a recovery will occur. therefore take part during the bullrun and diversify it in other investment areas, and provide reserves to wait for the buying area

Indeed when Bitcoin is going down the right decision is to take advantage of the opportunity to buy,
the same as when a bullrun if we don't make a decision soon it will lose profits,
for sure we have to know when to buy and sell it

[coinerer]

The 21 million bitcoin is the max supply, but don't forget about all those lost bitcoin and those bitcoins that will be lost in the future. And then not "everyone" will have a share of bitcoin. Some people will have more than others. So the price that you predicted is nowhere accurate. No one can predict the long term price of bitcoin. What if crypto currencies never go mainstream? The price will end up being like it is right now. What if it goes mainstream? It will skyrocket!

OP has also said that his calculation is incorrect.
In my view, we don't need to predict the future price of bitcoin (30 years, 50 years is a very long way from now), it's really unpredictable. But one thing is for sure we can know that in the long run bitcoin will continue to rise in price and it will not stop at $100k or $200k.

As long as the demand for bitcoin keeps growing and the acceptance of bitcoin becomes more and more widespread and widespread, the price of bitcoin will always trend up. We should take advantage of this moment to own more bitcoin because when the price of bitcoin goes up it becomes difficult to collect.

Agree with you and in this concern i would like to say that Bitcoin has no long-term price target. It is said to be limitless. Its price will also increase with time. And when all bitcoins are mined, the price of bitcoins will automatically increase. Last year, experts predicted that the price of Bitcoin would reach 100,000 dollars, but  at the end, it reach to approximately $70,000. As people get a better understanding of Bitcoin, its price can go a long way. Then ordinary people will no longer have the ability to buy bitcoins.

[freedomgo]

I'll say that sky is the limit if it's about the truest potential and price of bitcoin in the future. Take all of those halvings for example and when we say long term, it'll depend on how long you're looking at it.

With halving, as the reward for the mined blocks will become lesser for the miners. That will result to the lesser supply and higher difficulty for it to mine a block and as well as higher price.

Well, I don't have a price in my mind but I'm very much optimistic and waiting for it to come. Many might laugh at us for now if we tell them about 6 to 7 digits but who knows, right?

No one can tell exactly what will be the highest long term target price for bitcoin as bitcoin seems very unpredictable from the start. However, we know for sure that bitcoin has the highest potentials in the market so it’s also expected that bitcoin will reach its ATH in the future in a very high and impressive price. And with halving that is always possible to occur, that will determine bitcoin’s future price in the market.

[TelolettOm]

I don't think so btc will go below $17,000. If someone sell at this price I would think he either has a financial crisis or has not acquired proper knowledge of Bitcoin. Besides, the whales are trying to figure out how to lower it further. I think the crypto world needs to be more aware of this. We should always avoid listening to any rumor.

If this really happens that Bitcoin will drop under $17k, I will not be surprised, and that is the time for me to buy some Bitcoin, although it is not much, at least, maybe this is enough for me to take them for a long term investment, at least, to prepare the bullish era.
Sometimes,I really expect that the Bitcoin price will hit under $17k but over $15k  
However, the price is unpredictable and we cannot expect too much because sometimes, the surprise is every time happenings.

[Issa56]

I don't think so btc will go below $17,000. If someone sell at this price I would think he either has a financial crisis or has not acquired proper knowledge of Bitcoin. Besides, the whales are trying to figure out how to lower it further. I think the crypto world needs to be more aware of this. We should always avoid listening to any rumor.

I don't say bad about bitcoin but I still want bitcon to dump more so that I can accumulate more, by now the only people that should be scared because bitcoin dump are the newbies alone I keep on saying that, if you have been in Cryptocurrency for a long time I see no reason why you wl panic because bitcoin is dumping or people keeps on saying negative things about bitcoin, we don't just expect bitcoin to be pumping and it shouldn't dump its not possible, we should expect dump but if you can hold then it will definitely bounce back.

[Shasha80]

I don't think so btc will go below $17,000. If someone sell at this price I would think he either has a financial crisis or has not acquired proper knowledge of Bitcoin. Besides, the whales are trying to figure out how to lower it further. I think the crypto world needs to be more aware of this. We should always avoid listening to any rumor.

If this really happens that Bitcoin will drop under $17k, I will not be surprised, and that is the time for me to buy some Bitcoin, although it is not much, at least, maybe this is enough for me to take them for a long term investment, at least, to prepare the bullish era.
Sometimes,I really expect that the Bitcoin price will hit under $17k but over $15k  
However, the price is unpredictable and we cannot expect too much because sometimes, the surprise is every time happenings.

No one can predict the movement of Bitcoin accurately, we all have our own predictions. So just focus on our own predictions, rather than
being influenced by other people's predictions that are not necessarily accurate and can make us make wrong decisions. According to my predictions
it is likely that Bitcoin price will not drop below $17k, because based on my analysis the price of Bitcoin support is very strong at $19k,
so it's possible that in the near future the price of Bitcoin will pump again near the price of $25k.

So I didn't waste the opportunity to buy Bitcoin at the current price. But if my prediction is wrong and it turns out that the Bitcoin price drops
below $17k, I will not panic and will not sell my Bitcoins. Because I already understand how Bitcoin works, so I just hold the Bitcoin that I have
until the price recovers again. After all, Bitcoin is very profitable for long-term investments, so if we want to get a big profit from Bitcoin,
we have to get used to being patient holding Bitcoin in the long term and never panic if we see the Bitcoin price suddenly drop.

[BobK71]

Bitcoin is no longer at the level where it has to be in panic after purchase. Bitcoin greatly reduce its price from his all -time high. Now this is the perfect time to buy. Predictors comment on Bitcoin in different ways at different times. Sometimes does not consistent with the reality and something is very natural. Looking at the Bitcoin chart of the past few years, it seems that it will go to a stage in the next 10 years when except VIP no one courage to purchase Bitcoin because of its high price.

[Silberman]

I don't think so btc will go below $17,000. If someone sell at this price I would think he either has a financial crisis or has not acquired proper knowledge of Bitcoin. Besides, the whales are trying to figure out how to lower it further. I think the crypto world needs to be more aware of this. We should always avoid listening to any rumor.

I don't say bad about bitcoin but I still want bitcon to dump more so that I can accumulate more, by now the only people that should be scared because bitcoin dump are the newbies alone I keep on saying that, if you have been in Cryptocurrency for a long time I see no reason why you wl panic because bitcoin is dumping or people keeps on saying negative things about bitcoin, we don't just expect bitcoin to be pumping and it shouldn't dump its not possible, we should expect dump but if you can hold then it will definitely bounce back.

Exactly, I can forgive newbies and people that do not really have a lot of experience being in this market by getting scared because of the extreme movements that we can see in this market, but anyone that has been here for years and that maybe has already gone through a crypto winter before doesn't really have any kind of excuse to justify their behavior if they are selling their coins now, because right now the right move is to buy all the bitcoin that you can and then hold it until the next bull market comes.

[rozak]

Bitcoin is no longer at the level where it has to be in panic after purchase. Bitcoin greatly reduce its price from his all -time high. Now this is the perfect time to buy. Predictors comment on Bitcoin in different ways at different times. Sometimes does not consistent with the reality and something is very natural. Looking at the Bitcoin chart of the past few years, it seems that it will go to a stage in the next 10 years when except VIP no one courage to purchase Bitcoin because of its high price.

because we will always see a dip after the strong pump that Bitcoin created. this is indeed natural, and the right time for those who want to plan their long-term investment.
In the course of the next 10 years, there will be many trends that Bitcoin creates in the market. we can see Bitcoin always makes its new ATH. although after that we will see a very deep correction. but more powerful pumps will be built. we don't have to worry.
if in 10 years in the future the trend tends to increase. of course, the price will be very expensive. and of course, those of us who have bitcoins today should not be easy to let go of.

[Mr. Magkaisa]

Since the beginning of bitcoin it is basically in a very volatile uptrend. It is not likely that it stays like this forever (50+ years). What are your thoughts on what could be a price target for bitcoin longterm?

I made this calculation for an adoption of 50 % of the current world population:

21.000.000 Bitcoins : 4 Billion People= 0.00525 Bitcoin per person on average. The average value of the wealth per person globally is: 79.952 USD.

If you now would calculate the bitcoin price so that 0.00525 Bitcoins are worth 79.952 USD then you would end up with a bitcoin price of : 15.228.952 USD per Bitcoin.

This calculation is of course very inaccurate and makes a lot of assumptions. Still it can show where in some specific scenario the bitcoin price can end up, since for now I feel the price has just random targets and is dictated by exchanges and whales.

If you have different approaches feel free to share!

- You did the calculation according to the total number of people in the whole world with a total of 4B, right? I don't know if this calculation you made is correct to say the price value of bitcoin 50 years from now.

Perhaps, we can even know the price of bitcoin if it is not volatile, that's why the value of bitcoin is volatile. That's why it's unpredictable where even at any time, day, week, month, or year its price can rise or fall suddenly in the market.

Now, if we base it on every halving of bitcoin, its price will go up every time it happens in the market. not only do we not know the exact price he can reach, he often increases beyond what we expect.