Bitcoin - How high can it go?

[Pierre 2]

Well its very very hard to project into 10 years forward. We can't exactly assess where crypto markets can go because its still young, relatively new thing. In my opinion Bitcoin can go to somewhere like 250k dollars for sure. But its not important where it can go. We should worry if it can stay there. I mean if it sits at 250k usd but then drops to thousan dollars in a day means its shit. I don't think this will happen by the way. But I wanna say Bitcoin's price stability is very important.

[Nrcewker]

Bitcoins are limited in number, that means no more Bitcoins can be created. So this makes Bitcoins very rare assets like gold. So as the time passes, more people will know about it and develop interest in possessing it. So this will lead to increase in demand of Bitcoins. As Bitcoins are limited in number and the demand increases, this will lead to the price rise and it won’t stop. More people will be willing to pay more amount in order to get those Bitcoins. Hope this clarifies it OP.

[ethereumhunter]

I haven't thought about how high the bitcoin price will be but what is clear, the bitcoin price has been at the $69k level and if we talk about the future, there is a possibility that the bitcoin price will touch above $100k or even $1 million. If you want to hold bitcoin for the next 10 years or can reach a price above, I think you better choose a bitcoin price that can reach that price because it is more realistic. Or you can also choose when the bitcoin price can exceed the last ATH price then you start selling your bitcoins. That way, you can get a big profit and invest in bitcoin again if the price drops sharply again. But if you still want to hold bitcoins for the next 10 years, maybe you don't sell your bitcoins at the highest bitcoin price level because your target is the next 10 years.

[cozytrade]

I currently have 3% of a Bitcoin having started dollar cost averaging in June after the crash. 

It is not a lot but it is slowly growing and I have many other Altcoins I am invested in so can't put everything into Bitcoin.

I am wondering what everyone thinks this the price of Bitcoin can realistically get to? $100k? $250k? $500k? $1m?

I am happy holding Bitcoin for the next 10 years or more if it reaches these prices above.

I am just debating if I should continue to DCA into Bitcoin or sell all and put into stronger altcoins which will see better ROI over the next few years.

An altcoin is just for speculation or you can say for quick profits. Check out CMC history of the list of top cryptocurrencies. The top 10 currencies changed their position except for bitcoin. Whales use altcoin to play pump dump games with retail investors. They mostly do this in a bull market and sell off their altcoin to buy more bitcoin in a bear market. Why do you want to do the opposite?

[yhiaali3]

Do not expect much in the short term but in the long term Yes, it is certain that after ten years the price of Bitcoin will be many times the current price I cannot accurately predict how much it will be but it could reach a million dollars, at the moment the best thing is to continue to accumulate Bitcoin at price levels Different and steadily waiting for that time to come, during this time comes a lot of opportunities by altcoin you can take advantage of profits to accumulate more bitcoin in your wallet.

[cryptomaniac_xxx]

Do not expect much in the short term but in the long term Yes, it is certain that after ten years the price of Bitcoin will be many times the current price I cannot accurately predict how much it will be but it could reach a million dollars, at the moment the best thing is to continue to accumulate Bitcoin at price levels Different and steadily waiting for that time to come, during this time comes a lot of opportunities by altcoin you can take advantage of profits to accumulate more bitcoin in your wallet.

Yes, long term is what we are looking at here in crypto, specially that in bitcoin there is what we call a cycle. But there could be speculators, who day trade and try to squeeze money in their own way. I guess there is nothing with that strategy except that you really need to work very hard as compare to just buying in the dip and accumulating and holding for longer term or at least one cycle here (bull/bear).

[fadhilz123]

Yes, long term is what we are looking at here in crypto, specially that in bitcoin there is what we call a cycle. But there could be speculators, who day trade and try to squeeze money in their own way. I guess there is nothing with that strategy except that you really need to work very hard as compare to just buying in the dip and accumulating and holding for longer term or at least one cycle here (bull/bear).

Buying on a downturn is not a problem at all as long as the one buying is the best like Bitcoin. Because Bitcoin price recovery is still very possible and those who try to hold more Bitcoin will also be very good for price resilience in the market, than those who always try to sell when they see a small profit.

I'm sure the price increase on Bitcoin will still occur before the new year arrives, and I think it's still good to hold Bitcoin for now before deciding to sell at a price that might be better than now. So there is no harm in those who are still patiently waiting for the bull to arrive in the market to get more profit from Bitcoin that has been held for months or years.

[ice18]

I am wondering what everyone thinks this the price of Bitcoin can realistically get to? $100k? $250k? $500k? $1m?

All of the above price speculations can happen in the long term of course $100k can easily reached in the next bull market if we based on history of bitcoin price, btc is getting scarce everyday as btc adoption is growing really fast, I cannot advise selling bitcoin and buying altcoins, you are correct take a dca every dip and hold it, buy altcoins if you have some funds to allocate for them but not selling your btc.   

[STT]

stronger altcoins

Declaring some other blockchain stronger then Bitcoin would be quite controversial a topic to try and establish.  Its unlikely we find anything superior mean time but possibly a more speculative higher growth product can appear that outperforms BTC, it will be at far higher risk.   Typically its best to mine the very newest projects and gain entry that way, thats a whole different subject to discussing BTC price hence we generally divide the two topics.

[bitterguy28]

realistically ? bitcoin can reach 100k even a million , this has been answered for long time now , the only thing that matter is when this will happen.

that is the only thing that we can assume for now.



but while you created this topic about How High bitcoin can , another thread created asking about how fast it can fall lol

https://bitcointalk.org/index.php?topic=5419180.0

observe the market , check the graphs and learn from it.

[woez]

It is indeed a risky currency to invest with it is still very volatile, it may not be a good decision but if you are confident in your trading then I believe it will be fine.

If I have a BTC Asset I will Hold it as much as I can until the price returns to normal.

I am a big fan of BTC.

[AakZaki]

realistically ? bitcoin can reach 100k even a million , this has been answered for long time now , the only thing that matter is when this will happen.

that is the only thing that we can assume for now.



but while you created this topic about How High bitcoin can , another thread created asking about how fast it can fall lol

https://bitcointalk.org/index.php?topic=5419180.0

observe the market , check the graphs and learn from it.

and whether it can last until bitcoin reaches higher and higher prices. My guess is the OP and a few others will only stop holding when bitcoin hits ATH before.

The question of how high the bitcoin price should also be included about the specified timeframe, if only asking how high it would be there would be no time limit. because in each analysis there will be a measured time span so that it will be seen how prices will occur in the future according to the predictions made.

[jaberwock]

realistically ? bitcoin can reach 100k even a million , this has been answered for long time now , the only thing that matter is when this will happen.

that is the only thing that we can assume for now.


but while you created this topic about How High bitcoin can , another thread created asking about how fast it can fall lol

https://bitcointalk.org/index.php?topic=5419180.0

observe the market , check the graphs and learn from it.

There's a same topic like this before but the answers on that thread are not sure because none of us can time travel and see if what's coming next. Last ath of btc was only $69k and that was even far from $100k to say that $100k can occur but many people are optimistic about it so let's give them a benefit of the doubt but sorry not for the million dollars for now.

Maybe if btc reach $690k then they can start on assuming for that. Not all are the same when it comes to bitcoin speculations. That is why there are threads which are completely opposite to this thread we have here. Btc is unpredictable so each sides are always possible to happen.

[Oasisman]

I am just debating if I should continue to DCA into Bitcoin or sell all and put into stronger altcoins which will see better ROI over the next few years.

This is the kind of question where some people have struggled about. But selling your Bitcoin in exchange for alts that you think could potentially gave you ROI might be a bit risky than just continuing to DCA in the next 10 years. Of course you might wanna plan how you DCA and avoid buying during the peak of the bull season.
IMO, the most realistic price Bitcoin could get in the next 10 years would be above $100k for sure. It could even get to $200k.
I'm not a so called expert but that's the least most realistic price prediction for Bitcoin. Now, If you've continue DCAing over the next 10 years, imagine how much you'll get when you decide to settle down.

[michellee]

I currently have 3% of a Bitcoin having started dollar cost averaging in June after the crash. 

It is not a lot but it is slowly growing and I have many other Altcoins I am invested in so can't put everything into Bitcoin.

I am wondering what everyone thinks this the price of Bitcoin can realistically get to? $100k? $250k? $500k? $1m?

I am happy holding Bitcoin for the next 10 years or more if it reaches these prices above.

I am just debating if I should continue to DCA into Bitcoin or sell all and put into stronger altcoins which will see better ROI over the next few years.

There's no need to debate about continuing with DCA or selling everything and putting in a stronger altcoin because it all depends on how confident you are in investing in bitcoin. If you can see the benefits of investing in bitcoin over altcoins, you will choose to invest in bitcoin as your main focus and make altcoins your next focus. You will also definitely continue DCA by investing in bitcoin and not investing too much in other altcoins. Maybe you can buy some altcoins but your focus remains on adding more bitcoins to your wallet so that, in the future, you can sell bitcoins for a big profit. You also have the added advantage of altcoins as some altcoins may increase at a higher rate than their current price.

[GeorgeJohn]

I am just debating if I should continue to DCA into Bitcoin or sell all and put into stronger altcoins which will see better ROI over the next few years.

If you have funds to spare for doing so then just go and also if you have trust btc all the way. But saying that you are holding for 10yrs or more then go for it. Just dont expect a lot of what figure it could be cause no one could really know if btc will be a great investment but one thing is for sure. 10 yrs from now the people who dont uses btc are probably stepping up on using it.

From The what we hve notice so far in cryptocurrency investment and especially bitcoin is that the longer the investment time duration or time frame the tendency of Bitcoin changing value's, because i believe that bitcoin as well market price is specific or stagnant and you can't depend on the price value today, so from my observation concerning investment, bullish market can hit the investment, and the investor will make profit, so it's dependable the bearish market and bullish market, and also dependable to the investors.

[tygeade]

I am just debating if I should continue to DCA into Bitcoin or sell all and put into stronger altcoins which will see better ROI over the next few years.

This is the kind of question where some people have struggled about. But selling your Bitcoin in exchange for alts that you think could potentially gave you ROI might be a bit risky than just continuing to DCA in the next 10 years. Of course you might wanna plan how you DCA and avoid buying during the peak of the bull season.
IMO, the most realistic price Bitcoin could get in the next 10 years would be above $100k for sure. It could even get to $200k.
I'm not a so called expert but that's the least most realistic price prediction for Bitcoin. Now, If you've continue DCAing over the next 10 years, imagine how much you'll get when you decide to settle down.

That is true, alts could make you some profit if you are lucky about it but if you are not then it’s not going to really work out in the long run. The best thing to do would be making sure that you DCA for as long as possible, if you can do it for 10 years that would be great, but anything lower or higher would be good too as long as you keep on holding.

It’s clear that not many people will be able to actually make a profit from this situation because they can't hold it and get panicked and sell, but the reality is that people who have "diamond hands" will be the ones that profit from the situation. I am not going to sell anytime soon unless there is a better thing I can invest into, and if I won't find any, will hold for at least a decade, more if I can.

[Zanab247]

I am wondering what everyone thinks this the price of Bitcoin can realistically get to? $100k? $250k? $500k? $1m?

Since the price has decreased to $17k , it will be difficult for the price to reach $100k or $250k before the end of next year 2023, but the price will surely reach $100k in 2024 for those that bought when the price is low to use the opportunity to sell and earn well.

I am happy holding Bitcoin for the next 10 years or more if it reaches these prices above.

If the price reach $1m in the next ten years or above, it will really bring a good income to you in future, which is the best price many long term holders are waiting to see before they can visit the market to be part of the celebration.

[Uzairjutt275]

I currently have 3% of a Bitcoin having started dollar cost averaging in June after the crash. 

It is not a lot but it is slowly growing and I have many other Altcoins I am invested in so can't put everything into Bitcoin.

I am wondering what everyone thinks this the price of Bitcoin can realistically get to? $100k? $250k? $500k? $1m?

I am happy holding Bitcoin for the next 10 years or more if it reaches these prices above.

I am just debating if I should continue to DCA into Bitcoin or sell all and put into stronger altcoins which will see better ROI over the next few years.

Bitcoin is my Favourite altcoins in whole cryptocurrency World because no one can predict it's price and also no one tell the price will go up in the future. It is wondering it's price hit $100k. It is possible in next few years I think 2025.

[Vinaa77]

Bitcoin is my Favourite altcoins in whole cryptocurrency World because no one can predict it's price and also no one tell the price will go up in the future. It is wondering it's price hit $100k. It is possible in next few years I think 2025.

Bitcoin is not an altcoin. Bitcoin is still Bitcoin, while altcoins are other than Bitcoin. If you say Bitcoin is your favorite altcoin, then that's the wrong sentence. Unless you mention that BNB is your favorite altcoin.

Regarding people's predictions about Bitcoin will reach $100k also based on the history of Bitcoin price changes. They do a comparison of every time the price changes after the bull and bear market.