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Topic: Bitcoin can go to 42000$??? - page 3. (Read 3921 times)

legendary
Activity: 1652
Merit: 1483
July 24, 2019, 03:20:29 PM
#14
Yes, it is possible, but the probability is low.

maybe for dan morehead's 5 month time window, but i think it's quite likely within a year or so. the monthly BTC trend is way too powerful to be ignored---this doesn't look like a bull trap like summer 2014. by all appearances, we've already begun another bull cycle like 2016-17. and if that's true, then we're about to go a lot further than $42k.
sr. member
Activity: 2506
Merit: 368
July 24, 2019, 12:50:20 PM
#13
Bitcoin can reach 42K USD only if:
1.The USA becomes more crypto friendly
2.China and India accept crypto trading.
3.Bitcoin futures trading gets banned.
4.All the altcoins die.
5.The big banks,trust funds,hedge funds and retirement funds start buying btc.

Do you think all of the above will happen anytime soon?I don't think so...
Even if any of these will not gonna happen Bitcoin will still gonna reach that $42K in the future but it will take a lot of time to reach that.
And no one could ever tell what would be the future of Bitcoin and its price, we just have to focus on this present price and stop thinking too much about of the future which is not yet clear.
hero member
Activity: 3192
Merit: 939
July 24, 2019, 12:41:18 PM
#12
Bitcoin can reach 42K USD only if:
1.The USA becomes more crypto friendly
2.China and India accept crypto trading.
3.Bitcoin futures trading gets banned.
4.All the altcoins die.
5.The big banks,trust funds,hedge funds and retirement funds start buying btc.

Do you think all of the above will happen anytime soon?I don't think so...
member
Activity: 244
Merit: 43
July 24, 2019, 12:10:29 PM
#11
I love these headlines that attach random prices with absolutely no reason as to why. What even is the different between 23k and 42k? It's just some idiot writer who wants to clickbait people and provide some shitty evidence from "top analysts". It's funny how dumb these articles are
full member
Activity: 1292
Merit: 101
Vave.com
July 24, 2019, 12:08:31 PM
#10
I don't think its a believable article or info .However market is always an uncertain place where always create a drama .However it look like btc will boom i the upcoming days it could break any level and climb the top of the chart .So time will tell where it could go in the future either it can fall or rise.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
July 24, 2019, 11:54:59 AM
#9
I would only say wow, that will be the next highest price we will see. If that happens, many people will be rich people because they prepared from now on by buying a lot of bitcoin. Bitcoin can go to any highest price in the future, and I think that will happen before the halving come, but still, we only predict without knowing if that is true or not.
legendary
Activity: 3234
Merit: 1214
DGbet.fun - Crypto Sportsbook
July 24, 2019, 09:47:57 AM
#8
$42000 is reachable without any time restrictions for the following reasons

  • The market dominance of bitcoin against altcoins have increased high after a long time.
  • Already $20000 is achieved, which makes $42000 is just a realistic prediction.
  • Cryptocurrency usage and adoption keeps increasing along with a large scale
    market widening
  • Countries that were once against cryptocurrency were analyzing to make
    regulatory framework for the usage of cryptocurrency.
  • Bitcoin is to experience a halving next year that increases the demand
    even higher than the present.
legendary
Activity: 3234
Merit: 1055
July 24, 2019, 09:36:26 AM
#7

in due time i guess price can go up to 42k. we all have the hope that i can go that high at  very short time but it just don't happen that quick. the regulation is just to moving forward right now. there is really the need for greater intervention, something has to happen that will change the situation today. we can't just rely on bakkt or facebook libra but the materialization of the adoption.
member
Activity: 254
Merit: 10
Streamies Rocks!!!!
July 24, 2019, 09:26:53 AM
#6
After reading the article, I realized he was using previous movements in price to project into the future. Considering the fact that bitcoin rose from 3k+ to about 14k in the same projected period(5 months), it is important to note that the capital required for such a rise is much more than for the previous run and that is assuming that bitcoin doesn't experience further downside movement which is unlikely.
legendary
Activity: 3668
Merit: 6382
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July 24, 2019, 09:19:32 AM
#5
Bitcoin can reach 42000$.
Will it reach 42000$? Possibly.
When will it reach 42000$? We don't know for sure it will reach it. It should, but many things can "go wrong", even Earth get hit by a meteorite. And of course we don't know when will Bitcoin reach 42000$.

These were the honest and logical answers. All the rest is hype, is posting to attract viewers, is posting to show trust in Bitcoin and related industries and so on. Nobody has the crystal ball and nobody can give real better answers.
hero member
Activity: 1890
Merit: 831
July 24, 2019, 09:13:40 AM
#4
There is a reason so as why we call it prediction.
The price itself is a matter of debate for the leading economist thus saying anything about bitcoins is sheet stupidity.
Some people think that it doesn't even deserves the value it is at right now.
But at the same time some think it will soon hit million .
What you think is right and what you choose to follow is your decision.
Don't tire yourself out on news like this .
You will find millions like this in the market.
sr. member
Activity: 1988
Merit: 268
20BET - Premium Casino & Sportsbook
July 24, 2019, 09:07:21 AM
#3
I think we need to see a correction in the next 2 months, maybe it will reach $ 42,000, but everyone has a lot of different speculations so I appreciate that, but I am also not sure to touch that price this year, waiting next year
jr. member
Activity: 61
Merit: 1
July 24, 2019, 09:00:51 AM
#2
Take a look at the current market at a price around $ 10,000 of bitcoin, so it's hard to assume that it can reach about $ 42000 as you say, I think it will be at least 2 years before Bitcoin can reach that price.
newbie
Activity: 8
Merit: 0
July 24, 2019, 08:56:43 AM
#1
Hi, do you think bitcoin can reach 42000$ as i read here https://www.interactivecrypto.com/bitcoin-predicted-to-reach-42-000-in-the-next-five-months-dan-morehead who know this guy???
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