$80k within 6 weeks, new ATH October 2021 - page 4.

StreakW

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Quote from: Luthier on January 06, 2021, 11:02:03 PM

Everyone expects a replay of 2017 so this would be a good way for the market to juke expectations. Think more like 2013 with a big peak early in the year and then a consolidation leading into another $200k+ rally at the end of the year. The current rally feels like it has too much momentum to be stopped before $70-80k.

Credibility? Not much but I bought my first Bitcoin in 2013 and I've been watching the market for a long time. Just putting it out there.

In February we reach $50K, so in October is makes sense if Bitcoin reaches $70K-$80K. I don't say that this will come true but your prediction is relevant. Maybe for some people, this is important but for me is not truly important. I will keep buying as much as I can, and keep HOLD it until my target reaches

Dollar_Hunter

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Quote from: bitgov on February 17, 2021, 12:20:06 PM

Quote from: Kemarit on February 16, 2021, 09:53:12 PM

Quote from: Questat on February 16, 2021, 05:53:26 PM

Quote from: bitgov on February 16, 2021, 07:56:17 AM

Quote from: Questat on February 15, 2021, 05:30:09 PM

The idea is bad if they think that buying at this time is good for long term hold, they'll experience the market crash and that might affect the way they think on the future of bitcoin once the crash will start, in here, we call that correction but since they are new, they'll call it a market crash with a worry that the market will not anymore recover.

Whether or not now is a good time to buy will depend on what level grows new ATH. If it turns out that the market collapses after ATH is at the level of $ 0- $80k, it is actually a bad time. However, if the price rises to $300k, it will all depend not on whether someone buys now, but when they sell it.

$300k, I can't imagine it happening now, we saw how bitcoin reach $50k but I think it will not easily reach $100k, so $300k is just too much this year. I don't want to be extra bullish when the market is already bullish, I'm learn my lessoned in the past, it's not good, unless your are a day trader.

If you have to look at the @fillippone thread, Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity, the first target will be $55,000, which I think is doable.

Then we have the $100,000 prediction if the model follows the 2017 bull run. Or $288,000 if it follows the 2013 bull run. So there's a lot of scenario and prediction, but I like what I'm seeing based on S2F model more than other so called experts out there.

Of course the scenarios can be different. This is what I meant in my earlier comment. For someone who buys now and the bull run will end up at $70k and won't sell, it will be a bad time to buy, but if the optimistic scenario is right, buying now is a very good time. It all depends on what we believe. Actually as in any investment.

Don't buy big capital at a price of $ 50k, a bad scenario could dump up to a strong support of $ 20k - $ 22k,
it would be terrible to see the dump price to the bottom, yes it is a bad scenario, so remember not to be greedy if you have achieved profits ,
we have entered the bullish season but a big correction occurred, because the bullish path must always be filled.

bitgov

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Quote from: Kemarit on February 16, 2021, 09:53:12 PM

Quote from: Questat on February 16, 2021, 05:53:26 PM

Quote from: bitgov on February 16, 2021, 07:56:17 AM

Quote from: Questat on February 15, 2021, 05:30:09 PM

The idea is bad if they think that buying at this time is good for long term hold, they'll experience the market crash and that might affect the way they think on the future of bitcoin once the crash will start, in here, we call that correction but since they are new, they'll call it a market crash with a worry that the market will not anymore recover.

Whether or not now is a good time to buy will depend on what level grows new ATH. If it turns out that the market collapses after ATH is at the level of $ 0- $80k, it is actually a bad time. However, if the price rises to $300k, it will all depend not on whether someone buys now, but when they sell it.

$300k, I can't imagine it happening now, we saw how bitcoin reach $50k but I think it will not easily reach $100k, so $300k is just too much this year. I don't want to be extra bullish when the market is already bullish, I'm learn my lessoned in the past, it's not good, unless your are a day trader.

If you have to look at the @fillippone thread, Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity, the first target will be $55,000, which I think is doable.

Then we have the $100,000 prediction if the model follows the 2017 bull run. Or $288,000 if it follows the 2013 bull run. So there's a lot of scenario and prediction, but I like what I'm seeing based on S2F model more than other so called experts out there.

Of course the scenarios can be different. This is what I meant in my earlier comment. For someone who buys now and the bull run will end up at $70k and won't sell, it will be a bad time to buy, but if the optimistic scenario is right, buying now is a very good time. It all depends on what we believe. Actually as in any investment.

jaberwock

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Quote from: blue_nexus15 on February 16, 2021, 12:51:48 AM

Quote from: Luthier on February 08, 2021, 07:03:31 PM

Man, this is the weirdest bear market I've ever seen. Huh. I guess I'll just keep hodling. Huh

The bears, I guess, hibernated. Whenever the market is healthy for a strong rally and good psychological support, it will be the right space for this moving trend. With a strong breakout, this week bitcoin moves and occupies between 47k and 49k $, which would be a pity if $ 50k is removed for a new peak. Exactly what the wait made me suspect. Elon Musk has become the focus of this picture. So maintain and be patient.

I have to say winter is the best month they love so much. Most of the time it is the winter that causes bear to start and spring that makes it go back up a bit more, that was at least the case in many years before, and for example in 2018 winter we have seen that 20k become under 12k price by march as well, suddenly dropped nearly 50%+ in just 2 months.

In any case I believe all these huge rallies and new purchases and many other things did triggered the price to be something much better and that hasn't stopped yet, we still have a lot of situations like that going on right now and I do believe that it will impact very well for us as long as they keep buying and this drop will not come any time soon as long as they continue to do this. All we need is this bull buyers to keep buying and specially the big companies.

fillippone

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Quote from: Kemarit on February 16, 2021, 09:53:12 PM

If you have to look at the @fillippone thread, Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity, the first target will be $55,000, which I think is doable.

Then we have the $100,000 prediction if the model follows the 2017 bull run. Or $288,000 if it follows the 2013 bull run. So there's a lot of scenario and prediction, but I like what I'm seeing based on S2F model more than other so called experts out there.

Thanks for pointing to my thread. Please bear in mind that Stock to Flow is not a model for trading but only to assess bitcoin long term value and large swings from market value are possible.
So use it for hodl, not for day, or even medium term trading.

Kemarit

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Quote from: Questat on February 16, 2021, 05:53:26 PM

Quote from: bitgov on February 16, 2021, 07:56:17 AM

Quote from: Questat on February 15, 2021, 05:30:09 PM

The idea is bad if they think that buying at this time is good for long term hold, they'll experience the market crash and that might affect the way they think on the future of bitcoin once the crash will start, in here, we call that correction but since they are new, they'll call it a market crash with a worry that the market will not anymore recover.

Whether or not now is a good time to buy will depend on what level grows new ATH. If it turns out that the market collapses after ATH is at the level of $ 0- $80k, it is actually a bad time. However, if the price rises to $300k, it will all depend not on whether someone buys now, but when they sell it.

$300k, I can't imagine it happening now, we saw how bitcoin reach $50k but I think it will not easily reach $100k, so $300k is just too much this year. I don't want to be extra bullish when the market is already bullish, I'm learn my lessoned in the past, it's not good, unless your are a day trader.

If you have to look at the @fillippone thread, Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity, the first target will be $55,000, which I think is doable.

Then we have the $100,000 prediction if the model follows the 2017 bull run. Or $288,000 if it follows the 2013 bull run. So there's a lot of scenario and prediction, but I like what I'm seeing based on S2F model more than other so called experts out there.

Questat

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Quote from: bitgov on February 16, 2021, 07:56:17 AM

Quote from: Questat on February 15, 2021, 05:30:09 PM

The idea is bad if they think that buying at this time is good for long term hold, they'll experience the market crash and that might affect the way they think on the future of bitcoin once the crash will start, in here, we call that correction but since they are new, they'll call it a market crash with a worry that the market will not anymore recover.

Whether or not now is a good time to buy will depend on what level grows new ATH. If it turns out that the market collapses after ATH is at the level of $ 0- $80k, it is actually a bad time. However, if the price rises to $300k, it will all depend not on whether someone buys now, but when they sell it.

$300k, I can't imagine it happening now, we saw how bitcoin reach $50k but I think it will not easily reach $100k, so $300k is just too much this year. I don't want to be extra bullish when the market is already bullish, I'm learn my lessoned in the past, it's not good, unless your are a day trader.

bitgov

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Quote from: Questat on February 15, 2021, 05:30:09 PM

The idea is bad if they think that buying at this time is good for long term hold, they'll experience the market crash and that might affect the way they think on the future of bitcoin once the crash will start, in here, we call that correction but since they are new, they'll call it a market crash with a worry that the market will not anymore recover.

Whether or not now is a good time to buy will depend on what level grows new ATH. If it turns out that the market collapses after ATH is at the level of $ 0- $80k, it is actually a bad time. However, if the price rises to $300k, it will all depend not on whether someone buys now, but when they sell it.

NeverSop

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HODL

Quote from: Questat on February 09, 2021, 06:07:45 AM

Quote from: kotajikikox on February 08, 2021, 10:00:03 PM

Quote from: Yaunfitda on January 29, 2021, 07:51:09 AM

So, is this prediction still on since we have been a major move today as far as the price goes?

I think we will have a continues prediction this year because the market has no plan in stopping the surprises , Imagine today we reached another ATH at 46,000$? damt thats a too high amount.

Too high that it will soon break to $50k, this is a remarkable price because people does not believe that $100k is achievable, but when we are at over $50k, things would be easier. Remember, we reach $20k and we did not expect to see a double of price at that ATH.

Quote from: kotajikikox on February 08, 2021, 10:00:03 PM

Quote

As others have pointed out, in the last three weeks, it seems that bitcoin is on the consolidation phase and now we have seen the break out run that we are all been waiting for. Next target for this rally is $40k-$50k now, easily achievable within the next week or before the end of February if FOMO will sets in again.

The past 4 weeks actually , But now we Have broken the 45,000$ so lets see what happens this Whole week since we are just starting Grin

It all fueled by tesla's announcement, they are the reason why it pump and they are also the reason why this market could probably dump, if you know what I'm saying.

If it is self-characteristic motivates an excitement. I think there are no more points to buy that are worthy of the slide. $ 50k has soon hatched for today after a week of shortening the range. Not just Tesla and Elon, it's natural to be happening earlier. All good things

)

blue_nexus15

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█ J A X N E T W O R K █

Quote from: Luthier on February 08, 2021, 07:03:31 PM

Man, this is the weirdest bear market I've ever seen. Huh. I guess I'll just keep hodling. Huh

The bears, I guess, hibernated. Whenever the market is healthy for a strong rally and good psychological support, it will be the right space for this moving trend. With a strong breakout, this week bitcoin moves and occupies between 47k and 49k $, which would be a pity if $ 50k is removed for a new peak. Exactly what the wait made me suspect. Elon Musk has become the focus of this picture. So maintain and be patient.

Questat

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Activity: 2982

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Quote from: TravelMug on February 10, 2021, 06:20:24 PM

Quote from: slaman29 on February 10, 2021, 01:00:38 PM

Quote from: TravelMug on February 09, 2021, 06:17:48 PM

No, I totally understand your point, you posted it when we are still in the super fast rally, and then we went into a period of consolidations. But with the current hype of Elon Musk and his Tesla, we could at least hit $56k-$60k. And if you remove the consolidation phase in your prediction, we might as well be in the $70k-$80k at least.

A good $50k'ish wont be bad though till Feb 18th right? And then we work on till $70k-$80k as you predicted.

Absolutely good news if 50k is still in March. This rally is bigger in terms of dollar amount so naturally, it will take a longer time but the other good thing for me is it's not going up super crazy (ok except for days like Elon's pump) because we all know when it goes up so fast in percentage the fall is even harder and more painful to deal with later on.

Yes, the whole idea of pump and dump in bitcoin market is not good in my opinion, as we have seen in the past. And as the price inches closer to $50k the growth will have to slow down, that is the economics of the market and it's better to see the price going in it's natural path and not going super crazy except if there is really a good news and many are in the FOMO state. But the effect, specially for newbies will be harder and painful if the prices goes on a dramatic crash.

They will certainly experience that pain if they will not be careful when riding.

The idea is bad if they think that buying at this time is good for long term hold, they'll experience the market crash and that might affect the way they think on the future of bitcoin once the crash will start, in here, we call that correction but since they are new, they'll call it a market crash with a worry that the market will not anymore recover.

SquallLeonhart

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Quote from: Luthier on January 06, 2021, 11:02:03 PM

Everyone expects a replay of 2017 so this would be a good way for the market to juke expectations. Think more like 2013 with a big peak early in the year and then a consolidation leading into another $200k+ rally at the end of the year. The current rally feels like it has too much momentum to be stopped before $70-80k.

Credibility? Not much but I bought my first Bitcoin in 2013 and I've been watching the market for a long time. Just putting it out there.

I just wanted to tell that even though bears are almost always wrong, we get to have fun about it anyway Cheesy

. So, let's say there are some bear people who say bitcoin will be 1k in 6 months, I check their topic and I see 100 people writing how wrong that person is, which is quite frankly incredibly funny. Which is exactly why I want to see these type of topics, that makes things a lot easier and fun.

But if one day a bear says it will be 10k and everyone agrees? That means market sentiment has changed and bitcoin will be very low in the near future. So bears are not always right, and not only we should let them speak, but we just see what the market response to them is, if people suppose them, maybe it is time to sell your coins as well. Otherwise in times like these? Bears are just things we have fun with.

TravelMug

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Quote from: slaman29 on February 10, 2021, 01:00:38 PM

Quote from: TravelMug on February 09, 2021, 06:17:48 PM

No, I totally understand your point, you posted it when we are still in the super fast rally, and then we went into a period of consolidations. But with the current hype of Elon Musk and his Tesla, we could at least hit $56k-$60k. And if you remove the consolidation phase in your prediction, we might as well be in the $70k-$80k at least.

A good $50k'ish wont be bad though till Feb 18th right? And then we work on till $70k-$80k as you predicted.

Absolutely good news if 50k is still in March. This rally is bigger in terms of dollar amount so naturally, it will take a longer time but the other good thing for me is it's not going up super crazy (ok except for days like Elon's pump) because we all know when it goes up so fast in percentage the fall is even harder and more painful to deal with later on.

Yes, the whole idea of pump and dump in bitcoin market is not good in my opinion, as we have seen in the past. And as the price inches closer to $50k the growth will have to slow down, that is the economics of the market and it's better to see the price going in it's natural path and not going super crazy except if there is really a good news and many are in the FOMO state. But the effect, specially for newbies will be harder and painful if the prices goes on a dramatic crash.

slaman29

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Quote from: TravelMug on February 09, 2021, 06:17:48 PM

No, I totally understand your point, you posted it when we are still in the super fast rally, and then we went into a period of consolidations. But with the current hype of Elon Musk and his Tesla, we could at least hit $56k-$60k. And if you remove the consolidation phase in your prediction, we might as well be in the $70k-$80k at least.

A good $50k'ish wont be bad though till Feb 18th right? And then we work on till $70k-$80k as you predicted.

Absolutely good news if 50k is still in March. This rally is bigger in terms of dollar amount so naturally, it will take a longer time but the other good thing for me is it's not going up super crazy (ok except for days like Elon's pump) because we all know when it goes up so fast in percentage the fall is even harder and more painful to deal with later on.

TravelMug

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Quote from: Luthier on February 08, 2021, 09:31:47 PM

Quote from: TravelMug on February 08, 2021, 08:03:40 PM

Good for you, and with the whole crypto sphere going crazy about Elon and Tesla investing a huge part of their assets to BTC, I think we are still in track of the $80k this October right?

I think you misunderstood me my friend. My original prediction was for $70-80k 6 weeks from when I posted this on January 7th. That would put it at 10 days from now, on Feb. 18th. Not impossible, but not terribly likely either. I think it may take one or two more weeks. If that happens, I do believe the market might enter a consolidation phase without breaking the ATH again until October-ish. But after that, $200k would not be impossible.

No, I totally understand your point, you posted it when we are still in the super fast rally, and then we went into a period of consolidations. But with the current hype of Elon Musk and his Tesla, we could at least hit $56k-$60k. And if you remove the consolidation phase in your prediction, we might as well be in the $70k-$80k at least.

A good $50k'ish wont be bad though till Feb 18th right? And then we work on till $70k-$80k as you predicted.

sana54210

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Quote from: Questat on February 09, 2021, 06:07:45 AM

Quote from: kotajikikox on February 08, 2021, 10:00:03 PM

Quote from: Yaunfitda on January 29, 2021, 07:51:09 AM

So, is this prediction still on since we have been a major move today as far as the price goes?

I think we will have a continues prediction this year because the market has no plan in stopping the surprises , Imagine today we reached another ATH at 46,000$? damt thats a too high amount.

Too high that it will soon break to $50k, this is a remarkable price because people does not believe that $100k is achievable, but when we are at over $50k, things would be easier. Remember, we reach $20k and we did not expect to see a double of price at that ATH.

That idea that people think 100k is possible is the most important thing that came out of this situation. We are still more than 100% away from being 100k, so it is not an easy task but the fact that people actually believe it could happen do mean a lot to me. I personally believe that 100k is possible as well, I have bitcoins and holding it (very low amount but still happy about it) and I think it is quite important that crypto people think 100k is something we could do without a problem, it means a lot.

Of course, it is not going to be simple and we need to keep grinding on it, but we still have a path there and have the belief that we can get there, in order to reach a price first we need to believe that it is possible and realistic, all those talks about a million dollars is still unrealistic, even 100k was unrealistic last year but now it looks so possible. This means a lot.

Questat

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Quote from: kotajikikox on February 08, 2021, 10:00:03 PM

Quote from: Yaunfitda on January 29, 2021, 07:51:09 AM

So, is this prediction still on since we have been a major move today as far as the price goes?

I think we will have a continues prediction this year because the market has no plan in stopping the surprises , Imagine today we reached another ATH at 46,000$? damt thats a too high amount.

Too high that it will soon break to $50k, this is a remarkable price because people does not believe that $100k is achievable, but when we are at over $50k, things would be easier. Remember, we reach $20k and we did not expect to see a double of price at that ATH.

Quote from: kotajikikox on February 08, 2021, 10:00:03 PM

Quote

As others have pointed out, in the last three weeks, it seems that bitcoin is on the consolidation phase and now we have seen the break out run that we are all been waiting for. Next target for this rally is $40k-$50k now, easily achievable within the next week or before the end of February if FOMO will sets in again.

The past 4 weeks actually , But now we Have broken the 45,000$ so lets see what happens this Whole week since we are just starting Grin

It all fueled by tesla's announcement, they are the reason why it pump and they are also the reason why this market could probably dump, if you know what I'm saying.

kotajikikox

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Quote from: Yaunfitda on January 29, 2021, 07:51:09 AM

So, is this prediction still on since we have been a major move today as far as the price goes?

I think we will have a continues prediction this year because the market has no plan in stopping the surprises , Imagine today we reached another ATH at 46,000$? damt thats a too high amount.

Quote

As others have pointed out, in the last three weeks, it seems that bitcoin is on the consolidation phase and now we have seen the break out run that we are all been waiting for. Next target for this rally is $40k-$50k now, easily achievable within the next week or before the end of February if FOMO will sets in again.

The past 4 weeks actually , But now we Have broken the 45,000$ so lets see what happens this Whole week since we are just starting Grin

Luthier

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Quote from: TravelMug on February 08, 2021, 08:03:40 PM

Good for you, and with the whole crypto sphere going crazy about Elon and Tesla investing a huge part of their assets to BTC, I think we are still in track of the $80k this October right?

I think you misunderstood me my friend. My original prediction was for $70-80k 6 weeks from when I posted this on January 7th. That would put it at 10 days from now, on Feb. 18th. Not impossible, but not terribly likely either. I think it may take one or two more weeks. If that happens, I do believe the market might enter a consolidation phase without breaking the ATH again until October-ish. But after that, $200k would not be impossible.

TravelMug

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Quote from: Luthier on February 08, 2021, 07:06:01 PM

LOL, on a serious note. I did accumulate a significant amount during that 3-week dip, and also diversified more heavily into ETH (sorry guys) once I saw that ETH/BTC broke a big resistance level. It appears we have now achieved liftoff.

Good for you, and with the whole crypto sphere going crazy about Elon and Tesla investing a huge part of their assets to BTC, I think we are still in track of the $80k this October right?

For ETH, no biggies, you do what you have to do, ETH also surpasses it's ATH and still growing as of this time. But for BTC, this is really a good and welcoming news for us, I reckon that in short them, it's possible to hit $56k with all of this FOMO.

Topic: $80k within 6 weeks, new ATH October 2021 - page 4. (Read 2039 times)