When bitcoin hits 200 000 USD?

[hostm]

I want Bitcoin to reach $200,000 because it was already over $100,000 last year. Why $200,000? Because I bought a lot of Bitcoin at under $20,000 back in 2022.

So when do you expect Bitcoin to reach $200,000? How long do I have to wait, multiplied by 10?

[Pablo-wood]

So when do you expect Bitcoin to reach $200,000? How long do I have to wait, multiplied by 10?

No one can tell when Bitcoin will hit $200k. Bitcoin is unpredictable, rather than focusing on the next ATH have you considered what your actions will be if the price consolidates within a specific price for quite a longer time. Getting in under $20k is good timing and should even get you more relaxed, everyone is anticipating for $200k even expert analysts but none can accurately tell on what specific timeframe this new price will clock. The more we dwell on a specific price it becomes high specification and less of investment goal and this could come with pressure and emotions. And it could trigger the need for a plan B when your anticipated price isn't met within that timeframe.

[freedomgo]

Not really the best time to post this kind of prediction, especially now that some people are already in panic mode because Bitcoin has dumped around 50% from its ATH. So I’m not sure if that really helps anyone right now.

But to answer the question, yes, it’s possible to reach that level. It’s really just a matter of when, because no one truly knows. Bitcoin is still unpredictable. But I’m sure that during the next bull run, if Bitcoin breaks its current ATH, then hitting that level becomes more realistic.

[BlackBoss_]

I want Bitcoin to reach $200,000 because it was already over $100,000 last year. Why $200,000? Because I bought a lot of Bitcoin at under $20,000 back in 2022.

So when do you expect Bitcoin to reach $200,000? How long do I have to wait, multiplied by 10?

So will you lift your price target to $300,000 or $400,000 when Bitcoin hits $200,000?
Many people make this mistake in many market cycles and they waste opportunities for taking profit by unknown price target for taking profit. Bitcoin will rise to $200,000 but what will you plan to do at that time and how will you be disciplined with your plan are more important for your portfolio.

If you plan to take profit with 100% bitcoin portfolio, let's be disciplined to do that.
If you plan to take profit with 80%, 50% of your portfolio, let's be really discipline to do it too.

You can look at the Withdrawal Strategy built up by JayJuanGee and bitmover for your practice too.
[ANN] JJG Sustainable Bitcoin Withdrawal Strategy
https://bitcoindata.science/withdrawal-strategy

[Dave1]

I want Bitcoin to reach $200,000 because it was already over $100,000 last year. Why $200,000? Because I bought a lot of Bitcoin at under $20,000 back in 2022.

Who wouldn't want to see Bitcoin reaches $200k? Even in this bull run, it was predicted that we might hit it as the estimates is around $120k-$200k. Unfortunately, it was just in the lower range that we have seen the price. I know it's a disappointment for some, but we can't do anything about it.

So when do you expect Bitcoin to reach $200,000? How long do I have to wait, multiplied by 10?

No one can tell, if you look at the previous historical logs,

2017 ATH at almost $20k, hits $69k in the next bull run.
2021 ATH is $69k, hits $126k in 2025.

So just fill the gap in the next cycle.

[bitbollo]

you can try to find this date in all the way that you think plausible. I am skeptical to use FIAT or USD as medium for the value.
It's like giving the value of something that you can rely on. Something that can be defined essential "like water on desert".
What is the value for a parachute? Probably not expensive if you are not in a falling plane otherwise... Are we already in a falling plane?  

At least on my view, we can't speculate on future values because probably the market will not price the future here.
Otherwise, 200K USD could already be the plausible value... It could be around 50% more of previous ATH. Would not be surprised to see another one before 2030?

There are many approaches to estimate the future evaluation of bitcoin. I appreciate nowadays prices are somewhat dumping.
If you believe in this technology and could afford the investment not look on time or to sell.
There are many options like "Lombard" loans that could allow user to get liquidity without selling coins.

[Charles-Tim]

So when do you expect Bitcoin to reach $200,000? How long do I have to wait, multiplied by 10?

All I know is that bitcoin will get to all-time high in 2027/2028. But if I should guess the exact year, it would be in 2028. I do not know if bitcoin will get to $200000 but that is very possible at the time.

If bitcoin will go above $200000, that will be in 2028 but nobody will be very sure about this. What I am sure about is all-time high by that time.

[batang_bitcoin]

So when do you expect Bitcoin to reach $200,000?

Maybe on the next cycle and that's around 2028-2029. That's when we can see that hope for Bitcoin to see it hit $200k.

How long do I have to wait, multiplied by 10?

$2M per Bitcoin?
That's going to take few more halvings and that's likely more than a decade from now. But we don't know, it could also be as quick as it can depending on how the market influences its demand.

[Merit.s]

Wow..you want 10x profits on your bitcoin investment. It wouldn't be a problem for bitcoin to hit $200k but you just need to be patient till that time. Let me say, in 2029 which is the next bull run, the price of bitcoin will reach $200k and above
We are in the bear market and it will take time for the price to reach the bottom line and start pumping it's way up.

However, no one can tell the actual month and year bitcoin price will hit $200k.

[free-bit.co.in]

How long do I have to wait, multiplied by 10?

$2M per Bitcoin?
That's going to take few more halvings and that's likely more than a decade from now. But we don't know, it could also be as quick as it can depending on how the market influences its demand.

OP said he bought a lot of bitcoin when the price was below $20k, and he wants to achieve x10 return. This means Bitcoin only need to reach $200k, not $2M.

Regarding the 2M target, I think it is too early to talk about that, or even that I do not think Bitcoin will reach that price.

If Bitcoin reaches $2M, its market capitalization will exceed $40 trillion. That means Bitcoin needs to increase x30 from its current price. That is not an easy task.

[dwyane36]

Not really the best time to post this kind of prediction, especially now that some people are already in panic mode because Bitcoin has dumped around 50% from its ATH. So I’m not sure if that really helps anyone right now.

But to answer the question, yes, it’s possible to reach that level. It’s really just a matter of when, because no one truly knows. Bitcoin is still unpredictable. But I’m sure that during the next bull run, if Bitcoin breaks its current ATH, then hitting that level becomes more realistic.

Bitcoin could be called unpredictable if the bearish trend is deeper than many expect. As you can see, many now believe that the bottom of the correction will be in the $50-60k range, after which Bitcoin will likely turn around and go on to reach new ATHs. To be honest, I also think that $200k is possible during the next bullish trend.

[DubemIfedigbo001]

So when do you expect Bitcoin to reach $200,000? How long do I have to wait, multiplied by 10?

All I know is that bitcoin will get to all-time high in 2027/2028. But if I should guess the exact year, it would be in 2028. I do not know if bitcoin will get to $200000 but that is very possible at the time.

If bitcoin will go above $200000, that will be in 2028 but nobody will be very sure about this. What I am sure about is all-time high by that time.

From my observations of the cycles, the climax of the bull runs always comes the next year after the halving. the higher prices came in 2017 after 2016 halving, same happened in 2021 after 2020 halving and also in 2025 after 2024 halving. If we would be breaking that price at all in the next bull run, it should be 2029 after 2028 halving since I'm viewing it as a kind of a climax price range for the next bull run.
Just my speculation from previous events, although there is no guarantee it will end up playing out exactly.

OP, if you are targeting $200k, then you need to wait, how long you would wait, no one knows.

[Emjay24]

So when do you expect Bitcoin to reach $200,000?

Maybe on the next cycle and that's around 2028-2029. That's when we can see that hope for Bitcoin to see it hit $200k.

This is still difficult to a reasonable extent, for this price to be achieved, bitcoin would have to reach a MC of $4.2T and it is no joke. I'm optimistic about bitcoin but I'm not very sure of reaching $200k in the next cycle.

How long do I have to wait, multiplied by 10?

$2M per Bitcoin?
That's going to take few more halvings and that's likely more than a decade from now. But we don't know, it could also be as quick as it can depending on how the market influences its demand.

I believe you misunderstood OP, the multiplied by 10 is reflecting the fact that he bought a little under $20k and he is planning to sell at $200k which is 10X. No one knows for sure when this would play out, so he can only continue holding until he achieves his target.

[Hewlet]

I want Bitcoin to reach $200,000 because it was already over $100,000 last year. Why $200,000? Because I bought a lot of Bitcoin at under $20,000 back in 2022.

Every investor is waiting for bitcoin to get to $200k because regardless of the price you bought your bitcoin, at $200k, you are going to be in a good profit. in the long run, $200k is going to eventually happen but till then, we are anticipating bitcoin going back to the $100k price range which will look like a more comfortable place to be before headed to the $200k and above.

At this point more than ever, we are beginning to see bitcoin becoming relatively stable taking time to either get bullish or bearish. at the end, there is a lot of possibilities in terms of where bitcoin will stand in the long run but only time can tell when that will eventually happen.

[GreatArkansas]

While me is waiting for Bitcoin to get below $60,000 or below to be able to buy more  (not hater)

Well, I can relate with OP. Who doesn't want Bitcoin to be in $200,000? Especially, it is just around $80,000 away from the current all-time high.
Actually, this is really the difficult part of being a hodler of Bitcoin, especially if you're new, where you keep checking the price of Bitcoin time to time, it's really draining, especially if Bitcoin keeps dumping. For sure, OP soon will realize that we don't need things to be fast, like for this, I am thinking these recent dumps are just for correction, like to become a healthy market.

[FortuneFollower]

While me is waiting for Bitcoin to get below $60,000 or below to be able to buy more  (not hater)

Well, I can relate with OP. Who doesn't want Bitcoin to be in $200,000? Especially, it is just around $80,000 away from the current all-time high.
Actually, this is really the difficult part of being a hodler of Bitcoin, especially if you're new, where you keep checking the price of Bitcoin time to time, it's really draining, especially if Bitcoin keeps dumping. For sure, OP soon will realize that we don't need things to be fast, like for this, I am thinking these recent dumps are just for correction, like to become a healthy market.

BTC loves the time the most.

Smart money always follows it and plays around with it, but by the end, it comes out from it victorious

[Cookdata]

I want Bitcoin to reach $200,000 because it was already over $100,000 last year. Why $200,000? Because I bought a lot of Bitcoin at under $20,000 back in 2022.

So when do you expect Bitcoin to reach $200,000? How long do I have to wait, multiplied by 10?

You want me to be blunt with you, remove this mindset from your mind. There is nothing wrong in been optimistic but I'm a bit surprised that you said you held Bitcoin from 2022 and watch grow to $100k, I'm sure you never anticipated for that price but it came isn't? Why not exercise the same patience and watch it go to $200k instead of you asking the same question that nobody in this forum has the answer, I repeat nobody here knows exactly when Bitcoin will reach $200k.

You were even lucky to see $100k so fast, I never for once thought we were going to see $100k that fast. It was so fast that I never believe we touch the price but we did any ways. The way we fought as a community and was able to touch this price is the same way we are going to see other price. What's happening now in the crypto market is norm, we have seen the worse before and everything was forgotten, even this too shall pass.

[laspol65]

You must wait for some time in the future for the price of Bitcoin to go up, so I can say that if you can wait until 2029, then the probability of being $200,000 plus is the highest. At the current position, the price of Bitcoin has touched $67k, so if you can buy now, you can sell it for several times more than the current price. This will only be possible by storing Bitcoin for a long time.