Bitcoin can hit $50k? - page 8. | Bitcointalksearch.org

arwin100

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Quote from: Wulan_maniez on January 03, 2021, 06:36:34 PM

The potential to reach $50K is highly likely, especially if bitcoin is already at $33.4x. If investors still want to profit with a lot of results, maybe they
will still hold it. We just hope that there is a lot of intuition behind bitcoin that doesn’t sell it at the moment, so the price of bitcoin continues to be $50K.

We are down at $30k so maybe we can see a dump and pump game this days but I expect the price to reach at that numbers in 4th quarter of this year since it's a long way to go for bitcoins to reach that but for now I expect the moving market so it's good to trade in that way to earn more faster from volatility.

STT

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I wanted to post this chart, not because it hasnt happened before but it reflects a full price and a view the market might develop towards some exhaustion or finished buying for this moment. A while ago I saw a similar match from spring action to current rises and it meant the price hesitated for some days maybe a week and it rose later anyhow but it could do similar now I think. When we have no other clue where is the top price or at least I dont figure its worth posting, the trend is just an old one from spring extrapolated to now and we rose so much we hit a pretty high ceiling.

Wulan_maniez

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The potential to reach $50K is highly likely, especially if bitcoin is already at $33.4x. If investors still want to profit with a lot of results, maybe they
will still hold it. We just hope that there is a lot of intuition behind bitcoin that doesn’t sell it at the moment, so the price of bitcoin continues to be $50K.

exstasie

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See the way price cut right through $30K? Zero resistance, like a chainsaw through warm butter. The market didn't even pull back to $30K to test it as support before surging to $35K.

That's what will happen at $50K too. And if $10K (in 2017) is any indicator, the same goes for $100K. Everyone is underestimating the FOMO that's coming.

$300K or bust. That's what I'm looking for.

lunnatic

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Quote from: BitcoinOfficialGroup on January 03, 2021, 03:47:25 AM

How do you think when the bitcoin price can hit $50k?

this time I am not surprised if the price of Bitcoin can reach $ 50k this year or maybe $ 100k,
mass adoption has occurred for cryptocurrencies, and the Bitcoin market cap has also reached the top 10 assets in the world,
of course this will not end just like that, because Now demand is much better than in 2017,
even though the volatility is still high I am sure investors will not be afraid.

Kemarit

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Quote from: Evilish on January 03, 2021, 04:12:14 PM

50k is well within reach. I think this year we could see Bitcoin go all the way up to 80-90k. That is when I assume a lot of holders will be taking profit as well as traders who got in late last year cashing out when they 3-4x their money. We could see a correction when/if that happens.

Just a speculation.

Everyone will take profits no matter what the price is, I think $20,000-$30,000 was the profit taking price for average joe and for most traders. But why the price keeps on going up and there are a lot of predictions that $50,000 is now within reach?

It's because Bitcoin's narrative has flip already, no longer a speculative asset but an hedge to big companies trying to preserved their wealth, so yes, 6 digits is now possible with the way institutions view Bitcoin.

Evilish

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50k is well within reach. I think this year we could see Bitcoin go all the way up to 80-90k. That is when I assume a lot of holders will be taking profit as well as traders who got in late last year cashing out when they 3-4x their money. We could see a correction when/if that happens.

Just a speculation.

Wysi

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It's pretty much possible as the current bullrun doesn't seems like ending anytime sooner and I think this year we will have reverse combination of extended bullrun and short or temporary bear market. $50k is not a big deal and achievable within few weeks or months if Bitcoin grows at the same pace we might possibly see more investment from individuals than whales or institutions.

cabron

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The bullrun probably wouldn't end this early so $50k could be reached in weeks. The train is speeding up, it hardly can break 20K a few weeks ago but now it's more than $30k. The altcoins hasn't been moving up until yesterday that Doge finally reached $0.01, its gotta go far beyond that. $50k is just nearby, I'm sure BTC price will be there soon.

romero121

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There is drop in the price of bitcoin. This has caused as a result of being sick. If there is no big fluctuation leading to price correction, surely it'll take the price reach $50k soon.

Furious 7

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It doesn't matter what the price of bitcoin 50k-100k, I will be happy to see it, the movement will still continue to see what happens maybe we continue to fantasize about the dream that bitcoin will reach high values.

Bitcoin has achieved a successful value, even I am sure large companies will look at it, hopefully this can be a more adoption so that bitcoin is a tool needed

julius

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LUCKMCFLY

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Quote from: BitcoinOfficialGroup on January 03, 2021, 03:47:25 AM

How do you think when the bitcoin price can hit $50k?

Now as everything is going, I think that at any time it can go up and give us that price, for now the price in 2021 has been somewhat pleasant, I hope and it goes up more, if things get better in the world, if they manage to completely eradicate the covid-19 I think it will go up much more than $50k.

sunsilk

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Quote from: BitcoinOfficialGroup on January 03, 2021, 03:47:25 AM

How do you think when the bitcoin price can hit $50k?

The question shouldn't be how but when.

Quote from: Tingtong on January 03, 2021, 08:51:09 AM

Maybe it will hit in 50k but i am not sure. If will hit in 50k i think it will be surprise for us.

It won't be a surprise if bitcoin hits $50k. We have the chance that it won't be back anymore to $20k. This means if by that time bitcoin starts to hit that price target of $50k, you'll be amazed how it's possible to hit the next target which is half way there, $100k.

Nhor1011

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Only bitcoin market can tell. We must not forget that bitcoin is volatile in nature which we should not over-trust in this uncontrollable bull run because at any moment there will be a correction.

It's really difficult to predict but sometimes it matches, who knows it will reach $40k to $50k this month...we can't say.

Asuspawer09

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Quote from: BitcoinOfficialGroup on January 03, 2021, 03:47:25 AM

How do you think when the bitcoin price can hit $50k?

Bitcoin already has the potential to reach even up to 100,000$ in the market, With the hype in the market at this moment I'm thinking it could potentially reach 50k$ but hopefully, it will not reach that market price yet.

I already sell my investment so it will be a small profit for some people or investors but for some investors that still holding for a long-term investment that will be a huge profit.

But maybe around 2 years, it is possible that market price could circulate around 50k$ already, but if the market continues to pump it is possible it reach that price in just a small amount of time within a months.

sapnu

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We all started by predicting that bitcoin will hit $20k and now here we are at $30k and it is still continuously increasing in price. That just simply shows how unpredictable bitcoin's volatility is, we always thought seeing it reach $20k would already be something surreal but little did we know that it will keep on rising as time passes by. Even before this new year ends, we are all still clueless and full of predictions about how high bitcoin might get, nevertheless, we should always stay focused and wise with all of our decisions to make the most of it.

kentrolla

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Predictions are always welcome and unstoppable BTC is bit far away from 50k still anything is possible, right now we are seeing institutional capital flowing at the fastest phase in the history.

From now it's very risky if anyone is planning to buy if in case if the market takes a U-Turn then it would be very hard to see this price again, I am not saying it may not go over the current price but we also have to see the seriousness of risky zone too. So think wisely before investing.

TGD

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It’s possible to hit that target and more but there’s always a danger in every price right now since most the investment company already set a good position and they are already in profit with the current price, They are just waiting for a good liquidity to liquidate there asset in synchronized to the trend.

tsaroz

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BItcoin is making and breaking records. I and many other were wrong to assume bitcoin would fall after breaking 21K and a bit higher as the price is now more than multiplied 7 times in price in last 10 months. It have crossed 34.5K and not sure how high it would go. But people are going to remember bitcoin and 2021 for a long time.

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