Topic: $80k within 6 weeks, new ATH October 2021 - page 8. (Read 2057 times)

I laughed too! As long as there are people that think a two day drop is a bear market, there will be opportunities to take these people's money!

Seriously. Anyone who has been in Bitcoin since before 2017 understands that $50k is nothing and will be reached soon, and $80k should easily be reached this year as well. Very unlikely this year ends without seeing 6 digits.

My guess is we see something entirely new, neither like 2013 or 2017. Both of those were retail frenzy driven markets. I don't see a "quick" 80% crash coming and then a much higher double top leading to another long term 80% crash like in 2013. And I don't see an over-half-year run-up with a couple durable corrections followed by a huge blow-off top happening like 2017 either. It'll be something different, but the main theme of bitcoin booming will of course be the same.

I think we'll see less volatility now, with market growing larger and institutions providing a solid floor and more of a safeguard against huge corrections or crashes. I think we won't see the old type of hundreds of percent in a month followed by blow-off top. People already know about Bitcoin, so they will get in more gradually, not all at once when suddenly Bitcoin starts being mentioned in the media. They've known about Bitcoin for years now, so new retail money will be more gradual. They will still FOMO in at times and panic sell at times, but it won't be a single huge blow off top and then walking away for years. Plus institutions will slow down if they think a little bubble has been created and then can stack sats lower by just being patient, plus unlike retail investors, institutions are gonna be putting in fractions of a percent of their holdings at a time, not diving in with half their money, therefore the risks are lower, the bubble is smaller, and their is no need for them to panic sell during a drop to deleverage their position.

It looks like the bitcoin drop happened yesterday which I think there will only be a few minor corrections so far.
and bitcoin movement is still normal and continues to pass new ATH for new higher ATH, the good price trend against bitcoin is very strong and we will see the next movement.

I think we will first see a big dip before going for the $50k. It went up way too fast. We haven't seen a normal correction yet. The recent dip was recovered too fast to be seen as a correction.

People who are very very bear about bitcoin are still a bit part of the market as well and also the forum. I do not agree with them, I think bitcoin will not be done anytime soon, and it is still recovering as well, there is no way bitcoin will be crashing to 3k-5k levels ever again, that is too far out and we are not going there.

However even if I do not agree with them, I do want them to write here whatever they want for two main reasons, one of them is the fact that we should hear what want to say, we should not silence people, if they want to say something about a price prediction, that shouldn't really be something to be silenced about, it is a tiny deal. Secondly I would want them to write because there are bear people in the market as well, people who short bitcoin too, so I would like to learn their perspective in order to know why they think that way.

I laughed.

$50,000 is so close for Bitcoin to reach. The surge ain't done yet, I believe that, because I don't see any dump yet. Instead, it's just market correction which is normal during bullrun.
There are still a lot of reasons for Bitcoin to continue it's run. Institutional investors, rich people, and even retail investors are still accumulating even with the current price range.
Let's just see how Bitcoin move in the next few weeks.

I would like to embrace the predicted value but it seems that $80,000 within this year is impossible. The logic is the more the price of Bitcoin will rise up is the more difficult for the small time investors to purchase that is why I see this value is unrealistic like McAfee predicted Bitcoin $1 million by the end of 2020. He even promised to eat his own dick if it doesn't.

Anyone who doesn’t think we will see the Bitcoin price reach 50k should not be wasting their times on this message forum.   
Regarding the mentioned target price of 80k by 2021 will not be reached in my honest opinion but its always good when people remain Bullish is this now Bear market.

I find it hilarious all the people saying we're not going to hit $50k.  Bitcoin doesn't just break a multi-year ATH and then piddle out at 2.5x.  Anyone who knows knows we're going to see 6 digits, probably this year.  The only question is whether it gets there like the 2013 chart, the 2017 chart, or something entirely new.  If this correction goes into multiple weeks, it will start to resemble 2017.  If this week closes green (personally I believe it will but I could easily be wrong), then the 2013 model is more in play.  I don't care either way, it's all upside since I did most of my accumulating under 20k  

Everyone is free to predict the price of Bitcoin, the target of $ 80,000 to be reached as a new ATH in October 2021 looks like it could come true.
Because the beginning of 2021 alone has managed to reach a price of $ 41,000. Even though now it turns out that Bitcoin has experienced
a correction first. But I believe Bitcoin will be back on track in the near future, so take advantage of this correction to buy more Bitcoin. So if
the target $ 80,000 is reached in October 2021 we can make a huge profit.

With just using your own common sense then you can really point out that this market is way too unpredictable and there no way that you can know on what would be the prices ahead.

This is why we do see different numbers and some are way too unrealistic on how the hell they do able to reach off those things without even thinking on how hard we would able to reach out.

Though, we have just thought or just talked about on when 30k where others presume that this will happen on next year to come but it had able to breached in a matter of weeks
which do leaves out the impression that we might really be seeing 80k soon if this movement doesnt change but well we had seen that this wont really be an easy ride.

Though, i may not have much knowledge about the market but expecting 2017 market problem this year or the market to reach $80,000 seems lame and it astonished how people sometime predicted the market price.

I don't really think it may go beyond the $50,000 USD and on what Bitcoin recently doing it may anytime burst like a bubble for a correction, I guess this is enough ATH for now well because the price is recently stable in going back and forth to $34,000 and $35,000 USD, well at the moment I really want to believe that but in my opinion, it is pretty had to conclude what may happen to the price it may sure go to $80,000 USD but it is still hard to assume for now and it may also become a bubble on sudden fall.

we will see a shakeout in the 20's but I don't think 42K was anywhere near the next / this bull run's high.

As usual, you face too many risks upside converting to fiat, sure you could double your position on a 50% down, but you don't know when the 10 x of is coming and if you miss out waiting for the dip, then your 5x behind, never to buy in agian.

If you want to launch a space rocket then you need to build a good launchpad to take off from and before 80k or any other target I do think we need to resolve doubts, lose any sellers in the price action right now.   I'm going to be corny now but I see markets as natural or free motion in their movement, they never do what we want exactly they must have a balance of their own and a free market is a natural phenomena or it becomes rigid/fragile.   My point is the market moves in waves, not one solid take off straight to 80k and I dont think it does get there without pulling back just like every wave laps forward and backward.
  I hope BTC stays a natural market and is stronger for it, hence I think work is required and we're seeing part of that today.

Will it really happen? growth in 2017 and now looks the same indeed this is speculative but this increase is significant in the short term, we even see btc crawling faster to 40k is this possible to happen to 80k for the next ATH in the middle of 2021?
We still have to analyze this correction, it is not impossible that a more severe decline will occur, but for sure ATH looks high, but after that we want it to be even higher, a little strange.

The growth that occurred in 2017 was speculative, much of the rise was not logical and it was not correct growth as the corrections took place in less than a month.
Reaching the highest peak in 2021 will be faster than 2017, I expect by next May will be our new ATH, followed by very strong corrections.
ATH will be less than 80K$ which will be 70k$.

$ 50k has not been reached and we already want bitcoins to reach $ 80k?
this is not a good thing, I know a lot of traders now feel greedy, and that's a bad thing, so get rid of this attitude,
we have to go past $ 50k first if we want to get to $ 80k to $ 100k

At this point anything can happen, it seems the bears are making a pathetic attempt at trying to stop the bull run but they are not really achieving much as strong hands are still dominating the market and the drop we are seeing in the price is minimal, so I think 80k during the next six weeks is possible, however I wonder how long it will take FOMO to take hold as there is not much mention of bitcoin in the media.

Or maybe the media was given instructions to not cover bitcoin as widely as they did before out of fear that a run against fiat currencies could occur?