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Question: What shall be the maximum value of bitcoin this year?  (Voting closed: July 11, 2023, 07:18:36 PM)
30k - 3 (9.4%)
40k - 12 (37.5%)
50k - 5 (15.6%)
60k - 2 (6.3%)
Above 60k - 10 (31.3%)
Total Voters: 32

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Author Topic: Bitcoin maximum price  (Read 624 times)
Minecache
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July 07, 2023, 09:06:48 AM
 #41

for 2024.
Jan 70k new high

This sounds very daring. Are we going to break ATH before halving? Just thinking about it makes me feel irrational.
We can say that US interest levels of less than 5% will not be achieved until May/2024, and then it may be the beginning of real rise in the price of bitcoin, meaning that in May we may be somewhere between 45k to 52k, and by the end of 2024 we may be able to old ATH above 70k.
I can't imagine seeing Bitcoin price above $150,000 in the next 5 years. Shocked

Bitcoin hitting $70k or creating a new ATH this year is really unlikely, even if we rely on history, or the world economic situation doesn't support that. But why can't bitcoin hit $150k or more in the next 5 years? I even think it will happen right in the upcoming bull season. In my opinion, the upcoming bull cycle will be full of surprises because it will likely coincide with the recovery of the world economy. That would create a powerful catalyst for bitcoin to skyrocket and the market to explode.

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July 07, 2023, 09:17:59 AM
 #42

for 2024.
Jan 70k new high

This sounds very daring. Are we going to break ATH before halving? Just thinking about it makes me feel irrational.
We can say that US interest levels of less than 5% will not be achieved until May/2024, and then it may be the beginning of real rise in the price of bitcoin, meaning that in May we may be somewhere between 45k to 52k, and by the end of 2024 we may be able to old ATH above 70k.
I can't imagine seeing Bitcoin price above $150,000 in the next 5 years. Shocked

Bitcoin hitting $70k or creating a new ATH this year is really unlikely, even if we rely on history, or the world economic situation doesn't support that. But why can't bitcoin hit $150k or more in the next 5 years? I even think it will happen right in the upcoming bull season. In my opinion, the upcoming bull cycle will be full of surprises because it will likely coincide with the recovery of the world economy. That would create a powerful catalyst for bitcoin to skyrocket and the market to explode.

I think the most accurate BTC prices as far as I know are only predictions and cannot be taken as a strong reference. only after reaching a certain new price crowded in the discussion. But, if I see the potential, it might be able to reach above 60K in 2024 whether at the beginning, middle or end of the year.

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July 07, 2023, 01:00:15 PM
 #43

Let's see the market prediction by crypto community.

Predicting the price of the year will be really tough, I would say. This year, we have seen Bitcoins climb from 16k USD to 31k USD and suddenly fall from 31k USD to 24k USD overnight. So yes, anything and everything can happen in the remaining 5 months. If we observe closely, then many events affect the price of bitcoins. Like the SEC lawsuit, which drastically affected the price. Hence, if more events like these happen in the near future, the price will go down more. But in the meantime, if the demand to acquire the bitcoins increases, then the price will definitely go up. I am assuming bitcoins will touch at least $50,000 USD by the end of this year.

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July 07, 2023, 01:43:33 PM
 #44

Let's see the market prediction by crypto community.

Predicting the price of the year will be really tough, I would say. This year, we have seen Bitcoins climb from 16k USD to 31k USD and suddenly fall from 31k USD to 24k USD overnight. So yes, anything and everything can happen in the remaining 5 months. If we observe closely, then many events affect the price of bitcoins. Like the SEC lawsuit, which drastically affected the price. Hence, if more events like these happen in the near future, the price will go down more. But in the meantime, if the demand to acquire the bitcoins increases, then the price will definitely go up. I am assuming bitcoins will touch at least $50,000 USD by the end of this year.

Bitcoin price can reach very different levels overnight. We also do not know if there will be any new negative news. So instead of guessing, let's accumulate bitcoins. My predictions have been holding for a long time, but this time I am not making any price predictions. Maybe I'll make a guess after a while, but the issue we need to focus on is that the bitcoin price is at the appropriate levels for pre-halving purchase.

I hope we will come to the prices you mentioned soon, but I think it is too early for that price.
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July 07, 2023, 03:44:13 PM
 #45

Lower than $60k Grin

We can guess at as many prices as we want when we talk about the max Bitcoin price for 2023. But I feel that it's still under $60k. It could be above $ 35k- $ 40k, or be at $45k or even be at the $50k level.

But as long as negative news can make people panic and sell Bitcoin instantly, Bitcoin will be difficult to touch $ 45k. Maybe Bitcoin price will stay between $30k-$40k like it is now, where it goes up to 31k and down to $30k. And maybe this situation will continue this month, but hopefully, there will be positive news that can increase the Bitcoin price and touch $33k.

Maybe I would choose Bitcoin price to be around $40k-$50k later this year but I feel it is still under $60k. But we'll see what will happen every month later.

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July 07, 2023, 05:35:21 PM
 #46

I think the most accurate BTC prices as far as I know are only predictions and cannot be taken as a strong reference. only after reaching a certain new price crowded in the discussion. But, if I see the potential, it might be able to reach above 60K in 2024 whether at the beginning, middle or end of the year.
There is no accurate prediction. As long as it is a prediction, it won't be accurate. Unless you know the future, then you will state something accurate to happen.  Cheesy

Why it is possible to pass $60k? At least, you give a strong reason. The current price is only about $30k, we need a huge issue to pump BTC above $60k in a few months only. Do you feel something big to come in crypto space? Is it about the policy of US or China again?  Huh

Lower than $60k Grin
This should be the ultimate prediction.
Below $60k can be $1k-$59k. Your prediction will be always correct as long as it never passes $60k.
My question is, do you vote all the price options below $60k? I think it is a cheating prediction. Cheesy


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July 07, 2023, 06:11:54 PM
 #47

Bitcoin price is expected to rise significantly by the end of this year Bitcoin price has started to increase. Many traders have suffered losses due to the dump in Bitcoin price for quite some time. But now it is expected that the Bitcoin market will improve very soon. But it will take a few months.  We have to wait.
Everyone is willing to wait for an improvement in the market as long as it can be very certain to happen, besides it is time to hope for it to happen to the market and also to Bitcoin because considering that after this year is over, everyone will be in a better period next year. Actually I also hope that Bitcoin can recover its price soon so that those who have been waiting a long time in waiting for this to arrive will no longer feel tired and suffering.

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July 07, 2023, 06:34:08 PM
 #48

Quote
What shall be the maximum value of bitcoin this year?  (Voting closes: July 11, 2023, 03:18:36 PM)
If we are to predict the price of bitcoin for the whole year, why end the poll on 11th July?

I am skeptical of bitcoin price this year. Bitcoin has done really well but have not established that trust factor to rate it high. Bitcoin was able to move from the region of 15k to the region of 30k, which is an impressive move. But then, it did not dwell there for long before it fell back to the region of 25k. Presently it is consolidating at 30k.

What this shows is that bitcoin might not be able to make 50k this year considering that the year is more than half spent. Apart from the halving wave, there is no other strong news to move bitcoin, meanwhile there is some possibilities of bad news that may drag the bitcoin price downwards.

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July 07, 2023, 08:55:04 PM
 #49

Lower than $60k Grin

We can guess at as many prices as we want when we talk about the max Bitcoin price for 2023. But I feel that it's still under $60k. It could be above $ 35k- $ 40k, or be at $45k or even be at the $50k level.

But as long as negative news can make people panic and sell Bitcoin instantly, Bitcoin will be difficult to touch $ 45k. Maybe Bitcoin price will stay between $30k-$40k like it is now, where it goes up to 31k and down to $30k. And maybe this situation will continue this month, but hopefully, there will be positive news that can increase the Bitcoin price and touch $33k.

Maybe I would choose Bitcoin price to be around $40k-$50k later this year but I feel it is still under $60k. But we'll see what will happen every month later.

Yes, I'm not seeing a new all time high price at the end of the year, so it's safe to say lower than $60k. But really hard trying to pinpoint the exact price, it could be in the range of $45k-$50k as I have seen that this is the target price for more, not just from this forum. But from outside speculators as well. The thing though is that we shouldn't listen to them, I mean we can make our own prediction. What I'm concern though is what will be the price after the block halving, because that will be the catalyst of a bull run in 2024-2025.

R


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July 07, 2023, 09:02:23 PM
 #50

Let's see the market prediction by crypto community
I believe it will max out at the end of the year at $45k or $50k. Fud and there are some issues that might bring bitcoin to a correction again or it could be that The Fed trying to raise interest rates could take bitcoin sideways. No single source of strength can guarantee accurate price predictions, as there are always other factors that can cause the price of bitcoin to go sideways, correct or go up suddenly. The cycle may be repeated as indicated and this factor can be seen from the four-year cycle in the bitcoin journey and most likely we are almost close to halving before reaching that stage.

So there are various analyzes that may occur and even corrections may be repeated for the process of bitcoin's journey going forward. For example, the binance case with the SEC happened yesterday and so far we also haven't seen how it closes on the last price support at the end of the month that does not and has not exceeded $32k, although historically other factors have shown changes from the previous correction process.

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July 08, 2023, 06:53:03 AM
 #51

This year I’m going to say $45,000 max. 2025 is when the real fireworks start in my opinion but we are entering a new bull market now, the ascent in price should begin shortly. It’s very early days in this bull market though so don’t expect miracles in 2023. We should end this year well though.

As for me, I'm thinking this 2023 til December I think the value of Bitcoin will play around 40k$-50k$, although with the present value of Bitcoin, it can be said if we are still bullish, but when it falls below 29k$ that we will go back to being bearish for sure.

To be honest, if we go with the flow of the market, we will be a bit stressed for sure, it doesn't matter if you are a scalper trader you won't end up being stressed, then the best solution is long-term holdings is the best thing to do.


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July 08, 2023, 08:16:00 AM
 #52

Lower than $60k Grin
This should be the ultimate prediction.
Below $60k can be $1k-$59k. Your prediction will be always correct as long as it never passes $60k.
My question is, do you vote all the price options below $60k? I think it is a cheating prediction. Cheesy
I do not see the option of below $60k in the list, so how I can vote? Grin

Unless there is an option for that, I will choose that. But I am thinking about $40k-$50k for the Bitcoin maximum price for this year because reaching $60k for this year is a bit taugh although it still possible.

Yes, I'm not seeing a new all time high price at the end of the year, so it's safe to say lower than $60k. But really hard trying to pinpoint the exact price, it could be in the range of $40k-$50k as I have seen that this is the target price for more, not just from this forum. But from outside speculators as well. The thing though is that we shouldn't listen to them, I mean we can make our own prediction. What I'm concern though is what will be the price after the block halving, because that will be the catalyst of a bull run in 2024-2025.
Yes, it is possible that the price of Bitcoin this year will still be lower than $ 60k. And that's why maybe I tend to choose between $40k-$50k for the Bitcoin price. But if the price does reach $60k for the year, it will be a surprise for us because the price of Bitcoin next year, after the halving, will probably go very high from $60k. So let's just wait until where this Bitcoin price increase will occur.

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July 08, 2023, 09:24:20 AM
 #53

If you see the current situation, I say it has more probablility for Bitcoin to reach $ 40K this year, but I hope more than that, maybe $ 50k.
Bitcoin should experience growth this month, and does not remain silent at the price of $ 30k, it is also in my opinion the Fed temporarily stopped the interest rates, and maybe when the Fed raises again the interests of Bitcoin will experience a correction back to the price lower than the price Now, but I hope not this year.

If seen from the global macroeconomic situation and positive sentiment encouragement from the news, as well as Bitcoin ETF by Blackrock, it is likely that it will happen better at increasing the price of Bitcoin that I think it will push to the price of $ 40K- $ 50K.

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July 08, 2023, 10:31:36 AM
 #54

I can't Really tell the price Bitcoin is heading to by the end of the year but I know by the end of the year the price of bitcoin will be more than what it is right now. Nobody can tell or predict the price of bitcoin how it will be in a specific time, what I just know by the end of the year the price of bitcoin won't be the same.
This year I’m going to say $45,000 max. 2025 is when the real fireworks start in my opinion but we are entering a new bull market now, the ascent in price should begin shortly. It’s very early days in this bull market though so don’t expect miracles in 2023. We should end this year well though.

As for me, I'm thinking this 2023 til December I think the value of Bitcoin will play around 40k$-50k$, although with the present value of Bitcoin, it can be said if we are still bullish, but when it falls below 29k$ that we will go back to being bearish for sure.
.
The end of the year is  in less than 6 months now, the price of bitcoin can hit up  to $40k and it may also not reach up to $40l too. Bit it will be totally different from it present price. Prefer to wait to see the price  than predicting because predicting has never been working  for me.

R


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July 08, 2023, 10:46:38 AM
 #55

We have passed a long way in Bear market and we are still now in Bear Season. But the hope is that market is going against Bear trend and It already climbed almost 2× from the bottom of this bear season. That is a good sign of starting a Bull season. So what can be the next in 4/5 months?

There is a possibility to remain stable under 40 K level but if pumps a little bit then we can easily see the price at the 50K level. And it's a good possibility to pump a little bit from it's stable range. So I am predicting about 50K price of Bitcoin at the end of this Year. And of course I am expecting this price if market remains positive but negativity or bad news can arrive anytime. So we much have risk management before making any decision of investment.
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July 08, 2023, 11:36:12 AM
 #56

Let's see the market prediction by crypto community.
Nearing $50,000 Bitcoin price at the end of the year.
Yes. That's my speculating price on Bitcoin.

Now I'm trying to parse a little why I speculated that price.
The increase in the price of Bitcoin cannot be predicted correctly by all analysts. When it's time to reach a new high, no matter how strong the FUD is, it still doesn't matter.
The move between $31k and back towards $30k is being made in the wake of some upbeat news such as the SEC clash with BinanceUs and Coinbase.

The market experienced a bit of a price refresh when BlackRock proposed a spot Bitcoin ETF.
Maybe in the future there will be more surfaced news (positive and negative) which will affect the price.

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July 08, 2023, 11:42:06 AM
 #57

We have passed a long way in Bear market and we are still now in Bear Season. But the hope is that market is going against Bear trend and It already climbed almost 2× from the bottom of this bear season. That is a good sign of starting a Bull season. So what can be the next in 4/5 months?

There is a possibility to remain stable under 40 K level but if pumps a little bit then we can easily see the price at the 50K level. And it's a good possibility to pump a little bit from it's stable range. So I am predicting about 50K price of Bitcoin at the end of this Year. And of course I am expecting this price if market remains positive but negativity or bad news can arrive anytime. So we much have risk management before making any decision of investment.

In short, we can't predict the bitcoin price, all possibilities are possible, and price prediction is pointless. I think we must prepare a plan for both market scenarios, and that will help us to be more proactive in our investment than just having expectations without a plan.

Honestly, I'm not really interested or excited about the rise of bitcoin this year, so I don't have expectations either. If I could have one wish, I wish bitcoin were still under 30k so more people have a chance to accumulate. Because regardless of whether bitcoin goes up or down this year, we can still be confident that bitcoin will definitely rise in the next bull season. So we should focus on accumulating bitcoin while it is still cheap.

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July 09, 2023, 08:58:51 PM
 #58

We have passed a long way in Bear market and we are still now in Bear Season. But the hope is that market is going against Bear trend and It already climbed almost 2× from the bottom of this bear season. That is a good sign of starting a Bull season. So what can be the next in 4/5 months?

There is a possibility to remain stable under 40 K level but if pumps a little bit then we can easily see the price at the 50K level. And it's a good possibility to pump a little bit from it's stable range. So I am predicting about 50K price of Bitcoin at the end of this Year. And of course I am expecting this price if market remains positive but negativity or bad news can arrive anytime. So we much have risk management before making any decision of investment.

In short, we can't predict the bitcoin price, all possibilities are possible, and price prediction is pointless. I think we must prepare a plan for both market scenarios, and that will help us to be more proactive in our investment than just having expectations without a plan.

Honestly, I'm not really interested or excited about the rise of bitcoin this year, so I don't have expectations either. If I could have one wish, I wish bitcoin were still under 30k so more people have a chance to accumulate. Because regardless of whether bitcoin goes up or down this year, we can still be confident that bitcoin will definitely rise in the next bull season. So we should focus on accumulating bitcoin while it is still cheap.
When it comes to prices then there's no such thing about end line because everything would really vary on community demands and recognition of it, come to think that only a few of the entire world population
does know about Bitcoin existence or simply with cryptocurrencies on which means that there's still a huge room to grow.This is why we could really be able to tell that theres really that potential that it could be able to
break out those ATH's that we've seen before on previous cycle considering that year by year on which it would really be no shocking that recognition and adoption rate is really getting higher.
This is why its really that important that if you've been wary about the probabilities on increasing price in the future,then you should really be taking up steps for you to utilize such opportunity
on the time that it would really be still that cheap.
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July 09, 2023, 09:36:48 PM
 #59

I wonder why a person goes to a forum to create an account, and only makes a single post to ask a question about the price of bitcoin and then that person disappears, what is the purpose of that? anyway I hope you at least see people's responses because I assume you probably have another account on this forum. but anyway, the fact is that this year it will be very difficult to predict the price, that's because we are still seeing a crisis in the global financial market and this also affects bitcoin but at the same time that in the coming months there will be bitcoin halving which is something that always what happens has increased the price a lot

so what many people will probably be wondering is what would be the ideal month to buy, if it would be better to buy bitcoin when there are 3 months left before the halving or if it would be better to buy it 6 months before the halving or if it would be better to buy it now, but the problem and that there is a possibility that the current price will drop even more, so using the strategy of buying at each price drop may be the only viable way to maximize profits, regarding the price that we will see at the end of the year, this is something very difficult to predict , so I would say it will be between 25000$ to 45000$ and more realistic in my opinion

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GreatArkansas
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July 10, 2023, 12:05:41 AM
 #60

I wonder why a person goes to a forum to create an account, and only makes a single post to ask a question about the price of bitcoin and then that person disappears, what is the purpose of that?
(....)
Probably a real newbie account.

This year for me on Bitcoin is crucial for Bitcoin because block halving event is coming on next year, for me, the limit for me of this year the all-time high we had which is around $60,000+
I believe Bitcoin block halving got a good effect on Bitcoin in terms of price, we already see this for the past block halving.

Breaching $60,000 for me is already good because that is also psychological resistance which that is our recent all-time high price.

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