Nobody able to perfectly predict bitcoin

[arzuo]

I just share but I don't think that bitcoin will perfectly his prediction which predicted by Cardano founder!

Bitcoin is now going to way with its adoption and holders opinion,
Yes somethings happen and can guess easily for its BTC halving analysis and previews history but I think no body able to prediction bitcoin perfect in future of the price.

For this following point nobody able perfectly about bitcoin price prediction:

#still huge people in the world unknown about crypto
#Limited history
#Still emerging asset class
#Related with few market manipulation by wheals
#No intrinsic values
#Human emotion and speculation

Refer link: https://www.binance.com/en/square/post/30521887036186

[stackerlabsdev]

Feels like we’re back in that part of the bull cycle where everyone’s talking about round targets: 200k, 250k, 300k, etc.

Same as in earlier cycles, like 2021-2022, when 100k was ‘for sure.’

[kotajikikox]

Feels like we’re back in that part of the bull cycle where everyone’s talking about round targets: 200k, 250k, 300k, etc.

Same as in earlier cycles, like 2021-2022, when 100k was ‘for sure.’

I mean they were right though. Because a few years after, bitcoin really got to $100k so if anything this makes future arguments stronger. No one can really predict the market down to the last cents. If anyone ever did, most likely it was just luck. But no one can surely predict what the next price will be. But one thing for sure is... bitcoin will always be more valuable in the future years.

[Odusko]

Feels like we’re back in that part of the bull cycle where everyone’s talking about round targets: 200k, 250k, 300k, etc.

Same as in earlier cycles, like 2021-2022, when 100k was ‘for sure.’

What do you expect when Bitcoin have done a significant price increase in the last few days into October, the recovery was at an alarming rate and to that extent we have seen that Bitcoin is able to get that far, alot of the speculation are coming out of the recent market events, and we should have expected this all the while, Bitcoin is going to definitely turn to something unimaginable that is why we should give ourselves the breathing space and not try to predict what the price and value of Bitcoin should or could be in the near future, market reaction like this call for various predictions so we shouldn't be surprised to see this one.

[Hazink]

Nobody, for sure, will be able to predict the price of Bitcoin perfectly; there is only one prediction that anyone can make, which is that Bitcoin is not going to crash down to zero in the next decade. All we do is speculate on what the price of Bitcoin will be based on historical data and events that are happening, but the market always reacts differently, and whales always have something else in mind, together with economic and war policy, which usually has a great impact on the market.

[Donneski]

You’ve really nailed some key reasons why predicting Bitcoin’s price is so tough. The truth is, the market doesn’t follow a single script. Sure, things like halving cycles and adoption trends give us some idea of where it might go, but there are so many unpredictable factors at play, emotions, regulations, global events even whale activity. With Bitcoin still being a relatively young asset, there just isn’t enough history to rely on. At the end of the day, it’s more about probabilities than guarantees and that’s why even the best predictions can easily miss mark

[coupable]

Feels like we’re back in that part of the bull cycle where everyone’s talking about round targets: 200k, 250k, 300k, etc.

Same as in earlier cycles, like 2021-2022, when 100k was ‘for sure.’

At that time we knew that 100K is way possible but we also know that bitcoin worth much more, mainly because of scarcity. Today after reaching that 100K barrier, people start looking for greater milestones but with somehow a little bit over optimism like reaching 200K which is the double of the previous target.

[LDL]

It is true that no one can predict the exact price of Bitcoin. If that were the case, many people would have bought Bitcoin when it was created in 2009 and never sold it. Again, in 2022, when Bitcoin crossed the bloody chapter and moved close to $16,000, if people knew that Bitcoin would currently be at $120,000, people would have sold all their physical assets and bought Bitcoin. Again, where will Bitcoin go in the coming days, many say it will go to one million dollars, while many say it will be more than that. In other words, no one can predict it correctly, that's why people are not very serious about the importance of Bitcoin. However, if the price of Bitcoin could be predicted correctly, then you all would know what kind of impact it would have on it.

[aoluain]

I think anyone is able to predict a future Bitcoin price, we have been doing it for many
years and I would say the majority of people have been right!

as mentioned above - take $100k - many people predicted that a few years back
and they were right. Look at the sentiment poll thread for September - the question is asked
for $130k. The market will go to $130k sometime, as well as $250k, $500k and everything
in between and over.

What you cannot predict accurately is WHEN?

[Darker45]

What you cannot predict accurately is WHEN?

Yeah, exactly. What we can make are general predictions. Like what you said, we can predict--and accurately at that--that Bitcoin's eventually moving to $100,000, $200,000, $500,000, even a million. Those predictions will turn into reality at some point. When exactly, we can only guess. So, if you're planning to play with Bitcoin based on your predictions, be careful. There's a reason why traders grow old fast.

Furthermore, we can't even imagine what the market has to go through before reaching those prices. It's possible Bitcoin goes down to $10,000 before reaching $250,000. Now, the question is, would you still be there during the rebound? Or you'd panic and let go during the free-fall? Or perhaps you'd sell right away as soon as there's a slight recovery?

[retaur]

I'm still watching the fact that new ATHs followed by stagnation seem to lead to a test of the last ATH and I'm waiting for that to be invalidated at some point.
The next think I'm thinking is about these 4 year cycles, they've been too predictable as of late, I feel something's going to happen to make them not so predictable but I haven't worked out what or when.

as mentioned above - take $100k - many people predicted that a few years back
and they were right. Look at the sentiment poll thread for September - the question is asked
for $130k. The market will go to $130k sometime, as well as $250k, $500k and everything
in between and over.

Add to that the $1-10M per bitcoin prediction that was around for ages and it has never been fulfilled yet and may never be.

I think a lot of these numbers are plucked out in hopes they give people hope to keep buying while whoever came up with the prediction sells.

[tottong]

Bitcoin is now going to way with its adoption and holders opinion,
Yes somethings happen and can guess easily for its BTC halving analysis and previews history but I think no body able to prediction bitcoin perfect in future of the price.

This is just an overview that people can use to predict Bitcoin, but it's still quite relative, as sometimes predictions don't pan out.
If someone could do that, we wouldn't need to bother learning and might just follow their lead.
Unfortunately, almost no one can perfectly predict Bitcoin because this asset is considered quite speculative in its market trajectory, and many people even lose money trading due to being liquidated.
The future of Bitcoin can't be accurately predicted, but we are optimistic that the journey will always produce new prices in the next cycle, perhaps the most popular being ATH.

[TastyChillySauce00]

That's why you should eliminate the possibility of being wrong by simply doing DCA and holding.

You can never know what future holds so might as well position yourself. The unpredictability of bitcoin is what makes it interesting.
There are billions being liquidated whenever there's significant price action, those are example of people who try to predict bitcoin and apparently failed.

[arzuo]

Feels like we’re back in that part of the bull cycle where everyone’s talking about round targets: 200k, 250k, 300k, etc.

Same as in earlier cycles, like 2021-2022, when 100k was ‘for sure.’

It it is a cycle then i think wheals are trying to make profit with old crypto method, which not working in the time
every time will be need somethings change it's wheal method.
And the trap is true then bitcoin bear market will start soon in December and this bull is very for very short time. 

[stackerlabsdev]

Feels like we’re back in that part of the bull cycle where everyone’s talking about round targets: 200k, 250k, 300k, etc.

Same as in earlier cycles, like 2021-2022, when 100k was ‘for sure.’

I mean they were right though. Because a few years after, bitcoin really got to $100k so if anything this makes future arguments stronger. No one can really predict the market down to the last cents. If anyone ever did, most likely it was just luck. But no one can surely predict what the next price will be. But one thing for sure is... bitcoin will always be more valuable in the future years.

They were right, just not in that cycle, and I’m sure they’re right again, just not for this one. As in future I can also see BTC even at 1M per coin.

What do you expect when Bitcoin have done a significant price increase in the last few days into October, the recovery was at an alarming rate and to that extent we have seen that Bitcoin is able to get that far, alot of the speculation are coming out of the recent market events, and we should have expected this all the while, Bitcoin is going to definitely turn to something unimaginable that is why we should give ourselves the breathing space and not try to predict what the price and value of Bitcoin should or could be in the near future, market reaction like this call for various predictions so we shouldn't be surprised to see this one.

I agree that BTC can reach even 1M per coin in future, but for now, all these bullish predictions from everyone might signal that we’re near the top.

It it is a cycle then i think wheals are trying to make profit with old crypto method, which not working in the time
every time will be need somethings change it's wheal method.
And the trap is true then bitcoin bear market will start soon in December and this bull is very for very short time. 

The whales have to play along with the "new whales" like Blackrock, I agree this bullrun might not be as spectacular as the previous ones even though we are already 7x up from the bottom.

[Danica22]

Add to that the $1-10M per bitcoin prediction that was around for ages and it has never been fulfilled yet and may never be.

If I remember correctly, Hal Finney was the first to predict bitcoin would hit 1 million in 2011 as well as many other predictions coming from John McAfee or Cathie Wood. But so far, none of those predictions have come true.

I think a lot of these numbers are plucked out in hopes they give people hope to keep buying while whoever came up with the prediction sells.

This is the financial market and in order to sell at a higher price, we need someone to buy at a higher price.


That's why I always object and find it funny whenever some celebrity makes exaggerated predictions about bitcoin. Because they have their own agenda, they do not make honest predictions.

[Franctoshi]

The unpredictable nature of Bitcoin makes it continue to look very interesting and attractive in the sights of investors because when people think that Bitcoin is dead totally, Bitcoin used to surprise everyone one, just like it does the opposite of what you think it will do, especially when your thoughts are on the negative side about Bitcoin.

I love the fact that you can’t exactly predict its overall behavior.

[Ahli38]

Yes, that's right. No one can predict Bitcoin perfectly. But everyone who knows Bitcoin well will know that the value of Bitcoin will increase and even skyrocket due to scarcity. The market makes Bitcoin volatile through trading. But adoption of Bitcoin continues, where it increases demand for Bitcoin. So we can predict that the value of Bitcoin will always grow with each cycle. In addition people in the past have made predictions about Bitcoin, where they predicting that it would reach $100,000. But in reality Bitcoin has already exceeded that value. So I think Bitcoin will exceed anyone's predictions, where it means Bitcoin will experience a much greater increase in value than anyone has ever predicted. If someone predicts that Bitcoin will reach $1,000,000 then I'm sure Bitcoin will exceed that.

[SATWAT]

Feels like we’re back in that part of the bull cycle where everyone’s talking about round targets: 200k, 250k, 300k, etc.

Even though many people are already optimistic at all times but no doubt that their optimism got even higher when in times of a bull run. But I rarely see they mention those 3 prices that you said first. What can I only see is $150k. It is only funny that at normal times, this is where I can see they can predict much higher, even higher than those 3 prices right there (E.g. 500k and 1 million dollars) .

Same as in earlier cycles, like 2021-2022, when 100k was ‘for sure.’

Nah, there is no sure here no matter how sure the predictors are. I think $100k prediction is also early during those times, so many might predict lower than it first. Eventually, the enthusiasm for 100k dollars got even more stronger but destiny seem to be playing with us because it still take a lot of time and fakes before we finally made it, hehe.

[KiaKia]

Feels like we’re back in that part of the bull cycle where everyone’s talking about round targets: 200k, 250k, 300k, etc.

Same as in earlier cycles, like 2021-2022, when 100k was ‘for sure.’

100k was the desired price that everyone want to see Bitcoin achieved and this got many stucked, the some thing or similar will happen this time again, everyone will want to see Bitcoin over 150k or even more and they will get trapped.

We are in that final stage now, those who are smart have taken profits and leave a very small percentage on Bitcoin to see how the final run will perform, this is what I called been smart.

The predictions are intentionally, it is a trap, to buy the whales enough time to exit the market, so they need to call a higher number to keep people buying while they are exiting.