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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 615 times)
Quidat
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July 18, 2023, 08:59:42 PM
 #81

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.

Bitcoin price may reach as high as $55k in 2023. Because the price of Bitcoin did not increase much in the year before Bitcoin halving. But by 2025, the price of Bitcoin may increase overnight and reach one hundred thousand dollars.
2020 was the time of the Bitcoin halving. But in 2021 the price of Bitcoin increased overnight to 69k dollars in 2021 without increasing the price of Bitcoin. So bitcoin halving next year bitcoin price will enter bull market and fireworks will be born.

After analysing the market, I don't think the price of Bitcoin could reach $50k since the market had been ranging and falling for the past months. I believe the price of Bitcoin would go up gradually and it is not something that price will suddenly increased immediately like some persons are thinking. Maybe the price of Bitcoin will not exceed $40k at the end of this year but not minding what could happen in the market because all what we have been doing is just predictions that we need to understand about the market. Anyhow the market moves will determine whether we are right based on the speculations we have written.
When it comes to limits or potential price then there's no way that we could be able to concluded on where it would really be its end price or maximum price on which we arent still on a phase yet when it comes on recognition and overall adoption and only just few on entire world population who does know about Bitcoins existence.This is why it would really be that not just right on making out some conclusions about on the price because it cant really be that known or having those numbers because market is really that volatile and unpredictable and there's no way on knowing on what would be its endgame. Therefore, it would really be ideal that you should really know on when to get in and when to get out but in speaking about long term holds then it would really be your
choice because there are people who are accumulating for long term hold.
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July 18, 2023, 09:42:42 PM
 #82

I don't think there is a maximum size for the price of bitcoin, as long as the community continues to grow while the stock in the market is difficult to increase because it has been determined then the price of $ 1 million will be cheap if it is reached, just like in 2013 when I first heard about bitcoin that time the analysts said that the price $10k is the maximum price, but $10k was reached in 2017 and even in 2021 it touched $68k.
But the pool is about how high the price will go during this year, so even if the potential of bitcoin is basically unlimited, when you add such a time limit then the maximum price of bitcoin becomes way more limited, I still think 40k is the highest we can reach this year as this is not even the year in which the halving will take place, so we cannot really expect bitcoin to surpass its previous all time high before such an important event even takes place.

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July 18, 2023, 11:13:39 PM
 #83

-snip-
But the pool is about how high the price will go during this year, so even if the potential of bitcoin is basically unlimited, when you add such a time limit then the maximum price of bitcoin becomes way more limited, I still think 40k is the highest we can reach this year as this is not even the year in which the halving will take place, so we cannot really expect bitcoin to surpass its previous all time high before such an important event even takes place.
It's never wrong to wish $100k was the maximum price bitcoin might reach this year - but really I don't think that's a realistic value to be true. $40k is a price that has a better chance of being reached in 2023 - but even higher values ​​are still very likely. Before the end of the year comes - I guess we just need to brace for some correction, but I don't expect $25k to be tested again even though bitcoin hasn't broken the $32k - $35k resistance level so far.

$40k is very realistic to expect even if bitcoin goes into a correction. After all there are still 5 months left in 2023 - so there must be something good to look forward to given that bitcoin is also steadily approaching its halving.

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July 19, 2023, 08:08:43 AM
 #84

The opinions or predictions of people who join this community are of course different because each member has a different prediction about the price of Bitcoin. It is important to remember that the Bitcoin market is highly volatile making it difficult to predict accurately what the maximum price of Bitcoin will be in the future. The rate of adoption that continues to increase will have a positive impact on increasing Bitcoin prices due to the increasing interest of new buyers exploring Bitcoin.
Until now Bitcoin still has the largest market cap value in the crypto market, Bitcoin has been able to sustain itself for many years and managed to maintain its ranking. The maximum price prediction Bitcoin can test new highs and will trade above the prices released today.

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July 19, 2023, 02:20:59 PM
 #85

Many people claim that bitcoin is worth $ 1 million or even more, the security system, speed and many other features make bitcoin supposed to be very expensive, if more and more users will feel the benefits when they want to transact with bitcoin.


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July 19, 2023, 03:23:25 PM
 #86

Many people claim that bitcoin is worth $ 1 million or even more, the security system, speed and many other features make bitcoin supposed to be very expensive, if more and more users will feel the benefits when they want to transact with bitcoin.
$1 million is a very high price, I never thought we would get to that price, let's think and see this realistically and I think the Bitcoin price is a market game that some groups continue to make to attract bidders to keep believing and investing on Bitcoin, regardless of whether it will benefit a group or not but the movement continues to occur as what has happened in the past.
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July 20, 2023, 05:56:35 AM
 #87

Many people claim that bitcoin is worth $ 1 million or even more, the security system, speed and many other features make bitcoin supposed to be very expensive, if more and more users will feel the benefits when they want to transact with bitcoin.
$1 million is a very high price, I never thought we would get to that price, let's think and see this realistically and I think the Bitcoin price is a market game that some groups continue to make to attract bidders to keep believing and investing on Bitcoin, regardless of whether it will benefit a group or not but the movement continues to occur as what has happened in the past.
Bitcoin had showed so many surprised to us in the past, we never thought of seeing $1k-$10k, now we are targeting $100k or more in the next bull run phase. So maybe in the future we are going to reach $1 million who knows.

As we gets closer to halving every 4 years and bitcoin getting limited and people are fighting it out, the basic economic law of supply and demand will take it's effect on the market. So let's see, maybe 2-3 halvings from now we will see 7 figures.

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July 20, 2023, 12:46:55 PM
 #88

Many people claim that bitcoin is worth $ 1 million or even more, the security system, speed and many other features make bitcoin supposed to be very expensive, if more and more users will feel the benefits when they want to transact with bitcoin.

I'm not really sure what you mean by security system, blockchain though uptime is 99.99%. And it really depends on how we put bitcoin into safety, because there are hackers everywhere in this market.

Globally, it might be a slow process to get more users into the system because admit it or not, there are a lot of people that is going against Bitcoin and even had at as their priority to destroy Satoshi's invention because they don't like for individuals to have control and more freedom.

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July 20, 2023, 09:22:06 PM
 #89

$40k is very realistic to expect even if bitcoin goes into a correction. After all there are still 5 months left in 2023 - so there must be something good to look forward to given that bitcoin is also steadily approaching its halving.
There is always a chance that the price of bitcoin may progressively rise as the time for its halving approaches. 5 months is a very long time, and news on the crypto market could be both positive and negative, which could influence the price of bitcoin before the year is over.
Based on the price range that bitcoin has been trading in for the past few months ($29–$31k), a $40k price is what may be anticipated for many

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July 21, 2023, 08:17:23 PM
 #90

Many people claim that bitcoin is worth $ 1 million or even more, the security system, speed and many other features make bitcoin supposed to be very expensive, if more and more users will feel the benefits when they want to transact with bitcoin.
It doesn't matter with the claims that many people make against Bitcoin, because not everyone will believe those claims. Especially if those who listen to these claims are people who have known Bitcoin for a long time, surely they will not immediately believe these claims even though they have clear grounds for this.

$1 million is a very high price, I never thought we would get to that price, let's think and see this realistically and I think the Bitcoin price is a market game that some groups continue to make to attract bidders to keep believing and investing on Bitcoin, regardless of whether it will benefit a group or not but the movement continues to occur as what has happened in the past.
Apart from that it is a fairly high price, some people or beginners will not be able to buy it with a larger amount because a price that is too high can only please a large number of Bitcoin depositors, while those who have not bought will not be happy with it, thus making new buyers less in Bitcoin

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July 21, 2023, 10:11:49 PM
 #91

The likely outcome seems to be "higher", that's what people believe for bitcoin. The realistic approach says 40k, and I understand that I feel the same way as well, I believe that 40k would possibly be where we are at. Even if not exactly that much, it could be like 38k or 43k or something, which means it will be closer to 40k than any other price in the poll. Second highest rated is above 60k+ and that is just very optimistic, not saying that it would be impossible, of course its possible for something like that to happen as well but I believe that its going to be pretty difficult to achieve. This is why its quite important to see what we could end up doing with the money we have, and in either case its going up, so its smart to buy now.

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July 21, 2023, 10:28:22 PM
 #92

-snip-
But the pool is about how high the price will go during this year, so even if the potential of bitcoin is basically unlimited, when you add such a time limit then the maximum price of bitcoin becomes way more limited, I still think 40k is the highest we can reach this year as this is not even the year in which the halving will take place, so we cannot really expect bitcoin to surpass its previous all time high before such an important event even takes place.
It's never wrong to wish $100k was the maximum price bitcoin might reach this year - but really I don't think that's a realistic value to be true. $40k is a price that has a better chance of being reached in 2023 - but even higher values ​​are still very likely. Before the end of the year comes - I guess we just need to brace for some correction, but I don't expect $25k to be tested again even though bitcoin hasn't broken the $32k - $35k resistance level so far.

$40k is very realistic to expect even if bitcoin goes into a correction. After all there are still 5 months left in 2023 - so there must be something good to look forward to given that bitcoin is also steadily approaching its halving.
For this year and even on next years to come then there's no way that we could be able to predict on what would be the price on every year end, what matter most on here is that we do see progress or changes on every

month or year passing. Maximum price is never been known and we dont even able to believe that bitcoins price hits up 69k on peak or ATH and now we've been able to see the market corrected on 15k price point
on which it had never been anticipated for to happen. Now that we are seeing recovery then to those people who had risked out on buying into those lower prices are actually making 2x the profits now which it isnt
really that bad specially if you had accumulated on that particular time.Still its not really that too late on making such step considering now that we arent still on a bull run yet.

Lots of us in the community would really be that expecting for Bitcoins price to hit up x3 or more in the upcoming BR. Price point? Everything would really be random as always but it
would be wise on making your position now while its not still too late.

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July 22, 2023, 12:23:56 PM
 #93

I don't think there is a maximum size for the price of bitcoin, as long as the community continues to grow while the stock in the market is difficult to increase because it has been determined then the price of $ 1 million will be cheap if it is reached, just like in 2013 when I first heard about bitcoin that time the analysts said that the price $10k is the maximum price, but $10k was reached in 2017 and even in 2021 it touched $68k.
But the pool is about how high the price will go during this year, so even if the potential of bitcoin is basically unlimited, when you add such a time limit then the maximum price of bitcoin becomes way more limited, I still think 40k is the highest we can reach this year as this is not even the year in which the halving will take place, so we cannot really expect bitcoin to surpass its previous all time high before such an important event even takes place.
I'm not even expecting it to reach $40k because I don't see the price being strong enough to go up about $11k in the next few months because the price was above $30k for a very long time but it couldn't manage to go up from there and finally dropped below $30k, now I expect it to drop even further, maybe touch $25k or even lower sides because the resistance level above $30k was way too strong for it to be able to cross and go towards $40k.

We should expect a correction from this point, and then it will take a couple more months to recover from that because people aren't expecting the market to enter the bull run before next year when halving will occur and no one would invest before that unless the price drops too low for everyone to use the opportunity in their favor.

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July 22, 2023, 02:39:36 PM
 #94

I don't think there is a maximum size for the price of bitcoin, as long as the community continues to grow while the stock in the market is difficult to increase because it has been determined then the price of $ 1 million will be cheap if it is reached, just like in 2013 when I first heard about bitcoin that time the analysts said that the price $10k is the maximum price, but $10k was reached in 2017 and even in 2021 it touched $68k.
But the pool is about how high the price will go during this year, so even if the potential of bitcoin is basically unlimited, when you add such a time limit then the maximum price of bitcoin becomes way more limited, I still think 40k is the highest we can reach this year as this is not even the year in which the halving will take place, so we cannot really expect bitcoin to surpass its previous all time high before such an important event even takes place.
I'm not even expecting it to reach $40k because I don't see the price being strong enough to go up about $11k in the next few months because the price was above $30k for a very long time but it couldn't manage to go up from there and finally dropped below $30k, now I expect it to drop even further, maybe touch $25k or even lower sides because the resistance level above $30k was way too strong for it to be able to cross and go towards $40k.

We should expect a correction from this point, and then it will take a couple more months to recover from that because people aren't expecting the market to enter the bull run before next year when halving will occur and no one would invest before that unless the price drops too low for everyone to use the opportunity in their favor.

Bitcoin has gone from $17k to $30k in just the first 3 months of the year, so for bitcoin to go from $30k to $40k, I think it won't be as difficult as you say. I still remember that, as we move into the new year 2023, most people continue to be pessimistic that it will be a year of more dumping. But suddenly happened, bitcoin skyrocketed before the suspicion of everyone, including me. It wasn't until it hit $30k that people believed it was not a trap but a real recovery. Bitcoin is unpredictable, so I think we have to plan for both scenarios instead of just focusing on one-way predictions.

.
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July 22, 2023, 05:37:35 PM
 #95

Let's see the market prediction by crypto community.
At the beginning of the 2023 there was so much expectation in the price of bitcoin rising towards the previous ATH,  I was one of those that had high hope on BTC hitting 60k+ by the end of the year but looking at current circumstances surrounding  the crypto market that may not be possible. The 31k price BTC got to recently shouldn't raise traders expectations, if we can get a rate at 45k by the end of the year we should be grateful.
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July 22, 2023, 06:02:25 PM
 #96

Let's see the market prediction by crypto community.

There's no doubt that before next year major event that will cause the market to rise to all time high, bitcoin is going to $40k or more before the end of this year, this can happen at any time just as others have suggested, bitcoin being a volatile currency will always appears appreciating in value always no matter the deep, while next year is going to be a breath taking experience for the bull market for a new all time high.

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July 22, 2023, 08:50:13 PM
 #97

Let's see the market prediction by crypto community.

.
Ask me what might be the price of bitcoin over the course of four years ago with respect to the current ATH,I wouldn’t have guessed it to have reached $60k, not a chance. At the time, it seemed something that wasn’t going to happen within the time frame.
Now, if we are to cap what could be the maximum price of bitcoin, I would say it’s much too early for that as, bitcoin is still young in our todays society and have got more years to count it’s values.

The most we could expect or try to get insight into is the goods the next halving could bring which could break the current existing ATH and create a new ATH.
So, you could as well be actively hodling till that happens and have no course for regrets over wrong decisions.

R


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July 22, 2023, 08:55:49 PM
 #98

$1 million is a very high price, I never thought we would get to that price, let's think and see this realistically and I think the Bitcoin price is a market game that some groups continue to make to attract bidders to keep believing and investing on Bitcoin, regardless of whether it will benefit a group or not but the movement continues to occur as what has happened in the past.

Realistically nobody thought we could be at the price Bitcoin is trading today so don't doubt like how others were doubting in the past and missed the opportunity of investing in Bitcoin when it was nothing. We can get to $1 million but it won't be in this bull market happening.

If Bitcoin can trade at $200,000 by the end of the bill market or maybe it teaches $150,000 it means with we'll be lesser than 10x to get to a $1 million trading price in future bull runs. It could be in the next 3 bull market or maybe in the next 5 bull market but it'll happen one day.

The only time I don't see Bitcoin trading at $1 million is if Bitcoin dies due to too much pressure from the government but that's unlikely going to happen as Bitcoin can't crumble but will stand and fight the government until they are the ones to give up and embrace Bitcoin.

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July 23, 2023, 10:06:13 AM
 #99

Let's see the market prediction by crypto community.

There's no doubt that before next year major event that will cause the market to rise to all time high, bitcoin is going to $40k or more before the end of this year, this can happen at any time just as others have suggested, bitcoin being a volatile currency will always appears appreciating in value always no matter the deep, while next year is going to be a breath taking experience for the bull market for a new all time high.
Indeed, you are right because next year has entered the era of the halving period, so we can be sure that according to the experience that has been carried out so far, bitcoin will have movement to increase.but next year will not reach the highest point of increase because ATH will occur a year after the halving era, which will fall in 2025.But for the end of this year, it could be what you predict will happen: bitcoin will reach $40K, which is in preparation for a real increase in the next year.
It must also be remembered that it is possible that in the next few months there will be a correction, and that is a natural thing.

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