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Topic: Bitcoin may hit 27K USD in the next 180 days! (Read 617 times)

legendary
Activity: 2100
Merit: 1058
February 03, 2020, 03:12:08 PM
#49
I would like to remind everyone that miners are already profiting as it is, they would be profiting after the halving as well and maaaaybe would want to increase the price and the transaction fee a bit but there is literally no reason for stuff like 27k to happen in order to keep them happy.

Do not let the miners to decide the price of bitcoin, we would love to go up and make a profit oursleves but by wanting the miners to make a profit you are giving them too much power over bitcoin, we are a decentralized currency that should be for the people and not for certain people, by allowing miners to increase the price you are shifting the power from the market towards the miners who are actually just few people, 10 biggest mining corporations would benefit from an increase after halving then all the millions of people who will have just one time profiting instead of a continues one like miners would.
full member
Activity: 574
Merit: 108
reaching 27k this year could lead in more investors being interested and that would make the 100k goal more doable.
It is possible, with Bitcoin's high value asset, it would attract more investors which means, that an increase in demand would trigger an increase in price. But, lets not be so greedy and take precautions after it would possibly hit a big pump.

If it were to be true, I could earn a lot of profit and invest more in the crypto world.
legendary
Activity: 2968
Merit: 3684
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Makes about as much sense as $2k predictions did just before the 2016 halving, or as $10k predictions did in January 2017, I suppose. But also as much sense as a certain presidential candidate's 500k prediction.

Today's momentary spike to 9600++ when stock markets opened in Beijing reminds me it's still really slippery at this price (betwixt 9k and 10k). I know people say it needs to stay above 9k for a few days... it has, and at some volume too... but for me it's always that 10k level that's the decider. I'll wait for end of Feb and see how long we stay above 10k -- and how many broken attempts before that happens first.
sr. member
Activity: 826
Merit: 252
Optimist is fine but depend on what and calculation is not clearly enough. Tom Lee use his fundamental method to analyze bitcoin halving event and decide this is the trigger to up in higher price but I'm sure halving is split value in two part, in which side split can be use as indicator to raise higher value?. Fundamental must release with technical calculation and if standing alone I'm sure that is speculation. I'm not pessimist with his method but please think again because speculation is more like gambling not knowledge.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
After I witnessed the last bull run, I would not underestimate any prediction like this as anything could happen and $27K is a realistic target.

This is what happen in 2017

From $900 to $20,000: Bitcoin’s Historic 2017 Price Run Revisited
Everything can happen and since there's halving before that prediction chances are there to make it come true, though there's still lots of
possibilities that can influence whatever direction this market will proceed, believing and holding to see the outcome may bring huge benefits.
There's only huge benefit if there is a real bull run that will happen this year.
If Bitcoin will rise to $15,000 let's say before the halving, I guess everyone should already take the opportunity to sell and don't wait for a new ATH as possibly a dump is likely to follow, this is just for people who like to ensure they'll be profitable following the halving schedule's hype but for those risk how trust the long term movement, it's still right to hold since bitcoin always rise when theirs a demand happens even if its just an artificial demand.
legendary
Activity: 2268
Merit: 1379
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Everyone seems to be bullish with the Bitcoin halving on May but is this too early? I wanted btc to grow too as my asset will have good value but considering the timeframe I feel we can't be in that price in the month of July. We need 3x value of our current market cap now to be able to reach this level. 

Tom Lee is indeed famous but every famous guy has their own prediction even the great Mcafee has his own though its just a total shitty shill and out of proportion.

Will see in 6 months, then if it happened I'll be back again on this thread.
sr. member
Activity: 2030
Merit: 356
Tom Lee the Managing Partner at Fundstrat Global Advisors predicted that Bitcoin can reach to 27K USD within 180 days! 180 days means 6 months, so, within July Bitcoin price can hit 27K USD! I am very optimistic with this prediction, this really makes sense! After the Bitcoin halving in May, BTC price may have bullish run to hit 27K USD. What do you think about it?

News source: https://cryptopotato.com/bitcoin-price-could-reach-27000-in-180-days-according-to-tom-lee/

I think this is too soon and bitcoin will not cross all time high until December this year. Also once it cross 27000$, it will not stop and will reach the physiological mark of 50,000$ before dumping hard from there.
legendary
Activity: 2338
Merit: 1084
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I’m not sure about the next 180 days but BTC will definitely go past $27,000 before 2022.

Feel free to quote me Wink
I'm also not sure for the next 180 days the price of Bitcoin will reach $27,000.  Recalling the history in 2016 on the previous halving.
The price of bitcoin does not seem to be able to reach the highest resistance point at the previous ATH in June 2020.

If the highest increase in Bitcoin occurs in June I predict the price of Bitcoin is still around $18,700 before finally experiencing a decline, and then there will be another increase at the end of 2020 as happened in 2017.
full member
Activity: 1316
Merit: 126
It is okay to be optimistic but $27,000 in 6 months is quite impossible most especially that halving is around the corner and the price may drop. I know bitcoin can skyrocket anytime or without us expecting it but I just don't feel like buying these predictions because it is very frustrating when the time comes and the price isn't the price we are expecting.
hero member
Activity: 1834
Merit: 566
I really think that we can even make the 30k USD as well if the bull run would be nice again to us, Bitcoin in some reason is moving in a direction that is going up and there is nothing that can stop it, and yes this could be triggered because of the Halving's effect but demand is the most common thing why the just is suddenly going up, and right now the price has halted in galloping upward right now maybe because of the reports and what is happening with China right now, Tom Lee can be 70% right about it but the 30% can still be accurate in a way that prediction will not happen at all.

I don't know how do.you people come to such figures. 30000$ in.the next 180 days? That is really exaggerated and I would like to see the indicators that lead to such conclusion. Just because price has crossed 9000$ that doesn't mean that it will continue to grow all the time, some corrections will definetely happen. It's good to be optimistic but with both feet on the ground.

Well, sorry if I become very optimistic with my post and saying that the 30k USD can be a possibility, but I have included that is the Bull run would be nice to us, that means I don't have a figure to prove that this is correct it is all gut feeling of my optimism, but given the prediction of Tom Lee if it would be correct and knowing Bitcoin to have break barriers and doing the unbelievable things I then conclude to this exaggerated conclusion and if you look at my last statement that Tom Lee can be 70% right about it but the 30% can still be accurate in a way that his prediction will not happen at all, If you would understand my point there you can see that I am playing safe here and we can not predict this correctly but we can always give an optimistic speculation.
Tom Lee is just one of the people trying to be notice or get more followers in the crypto sphere and even the bull run market is nice to us if bitcoin make the predicted price we should be ready for some correction before the block will be halve.
With that been said, you shouldnt say the words "there is nothing that can stop it" next time cause a single whale dump could totally change the market trend.
hero member
Activity: 2086
Merit: 994
Cats on Mars
Credit where credit's due, Tom Lee certainly knows how and when to make a headline that will caught everyone's attentions (regular btc users, bulls, newcomers, and potentials clients)  Roll Eyes

What would you guys do? sell at 27k or hold to the next cycle?
Not sure what I'd do at those levels, but i'll definitely sell a small portion of my stash at 20k. If the price were to go past 20k, then 27k wouldn't be a region where i would sell, might as well just wait until we reach another milestone (30k).

Tom Lee pulls price predictions out of his ass, he’s always doing them & usually always wrong.
I think he knows that, we all know that (if you've been in this market for at least a year or more, youv'e heard of him), but i'm pretty sure he doesn't care. His analysis or statement is targeted to newcomers and people with big pockets who are ready to pay for Fundstrat's services, and it's very likely that they don't know about Tom Lee's past btc price predictions. (:
full member
Activity: 2128
Merit: 180
Then bitcoin should be doing any better right now though its possible because of the halving but we can’t say that its true just because someone say so. In the next 180 days will be a rough road again to bitcoin, this is a halving phase and I hope bitcoin wont disappoint us.
legendary
Activity: 3038
Merit: 1169
I really think that we can even make the 30k USD as well if the bull run would be nice again to us, Bitcoin in some reason is moving in a direction that is going up and there is nothing that can stop it, and yes this could be triggered because of the Halving's effect but demand is the most common thing why the just is suddenly going up, and right now the price has halted in galloping upward right now maybe because of the reports and what is happening with China right now, Tom Lee can be 70% right about it but the 30% can still be accurate in a way that prediction will not happen at all.

I don't know how do.you people come to such figures. 30000$ in.the next 180 days? That is really exaggerated and I would like to see the indicators that lead to such conclusion. Just because price has crossed 9000$ that doesn't mean that it will continue to grow all the time, some corrections will definetely happen. It's good to be optimistic but with both feet on the ground.

Well, sorry if I become very optimistic with my post and saying that the 30k USD can be a possibility, but I have included that is the Bull run would be nice to us, that means I don't have a figure to prove that this is correct it is all gut feeling of my optimism, but given the prediction of Tom Lee if it would be correct and knowing Bitcoin to have break barriers and doing the unbelievable things I then conclude to this exaggerated conclusion and if you look at my last statement that Tom Lee can be 70% right about it but the 30% can still be accurate in a way that his prediction will not happen at all, If you would understand my point there you can see that I am playing safe here and we can not predict this correctly but we can always give an optimistic speculation.
legendary
Activity: 3122
Merit: 1140
Tom Lee the Managing Partner at Fundstrat Global Advisors predicted that Bitcoin can reach to 27K USD within 180 days! 180 days means 6 months, so, within July Bitcoin price can hit 27K USD! I am very optimistic with this prediction, this really makes sense! After the Bitcoin halving in May, BTC price may have bullish run to hit 27K USD. What do you think about it?

News source: https://cryptopotato.com/bitcoin-price-could-reach-27000-in-180-days-according-to-tom-lee/

Reaching over ATH on a matter of 6 months would be hard even if we do just base up on what happened on previous halving events.I dont mind too much
on what are the things that been saying even they are famous or popular fundstrat or whatsoever.

If you do like to see some good predictions then this thread is good to look at.  Grin
https://bitcointalksearch.org/topic/halving-whos-closest-with-actual-nrs-take-a-chance-on-the-list-5214437
sr. member
Activity: 1638
Merit: 278
180 days from now would end up in the mid of the year. Mid-year has been proven to be beneficial for the price of bitcoins as the previous bull runs which we faced too occurred in the mid year of 2017. 3 years passed since those bull runs and the prices were struggling for these past three years which now have the ability to show us some better benefits.

Even I have my own predictions which makes me believe that the price for bitcoins at least would cross $20,000 in the coming 4-5 months which would for sure be in the bullish trend. Bull markets were been expected from a long time and now the time has come when we could enter the bull markets to make immense profits this year to make our 2020 a prosperous one.
legendary
Activity: 2912
Merit: 1068
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I really think that we can even make the 30k USD as well if the bull run would be nice again to us, Bitcoin in some reason is moving in a direction that is going up and there is nothing that can stop it, and yes this could be triggered because of the Halving's effect but demand is the most common thing why the just is suddenly going up, and right now the price has halted in galloping upward right now maybe because of the reports and what is happening with China right now, Tom Lee can be 70% right about it but the 30% can still be accurate in a way that prediction will not happen at all.

I don't know how do.you people come to such figures. 30000$ in.the next 180 days? That is really exaggerated and I would like to see the indicators that lead to such conclusion. Just because price has crossed 9000$ that doesn't mean that it will continue to grow all the time, some corrections will definetely happen. It's good to be optimistic but with both feet on the ground.
legendary
Activity: 3178
Merit: 1140
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I’m not sure about the next 180 days but BTC will definitely go past $27,000 before 2022.

Feel free to quote me Wink
Done  Cheesy
Same opinion especially for the next 180 days.
Halving will take place in the next 100 days so the price will not increase that much and passing $15k will be great imo. 2 months after the halving isn't too much to see the price rise more than $20k
legendary
Activity: 3038
Merit: 1169
I really think that we can even make the 30k USD as well if the bull run would be nice again to us, Bitcoin in some reason is moving in a direction that is going up and there is nothing that can stop it, and yes this could be triggered because of the Halving's effect but demand is the most common thing why the just is suddenly going up, and right now the price has halted in galloping upward right now maybe because of the reports and what is happening with China right now, Tom Lee can be 70% right about it but the 30% can still be accurate in a way that prediction will not happen at all.
legendary
Activity: 2884
Merit: 1117
If you estimated it 6months from now with its current price 9.4k I think the prediction is almost near the target if the upward trend will continue for the following days. Yes halving is almost close to its date but we can't expect it to just simply happened in a blink of an eye.

IMO, too early to grasp this price at hand. I am optimistic about bitcoin hike this year but I dont want to listen to these overrated prediction by those famous people cause to be honest its not credible.
Even I did not go through the article mentioned by OP just because I do not want to trade by someone else's opinion and I have the guts to make my own research before making an investment. I made some deep technical analysis on the 1 hour chart when the price was struggling between $7500 to $8000 and as far now, my predictions and research has been useful for me because I was able to find some exact entry as well as exit point in the journey to $9400.

Now, I can assume that the price would remain in the bullish trend for few more weeks and then it might show us a little dump which would only be to enter the markets and then we could speculate our journey towards moon.
hero member
Activity: 2856
Merit: 674
If you estimated it 6months from now with its current price 9.4k I think the prediction is almost near the target if the upward trend will continue for the following days. Yes halving is almost close to its date but we can't expect it to just simply happened in a blink of an eye.

IMO, too early to grasp this price at hand. I am optimistic about bitcoin hike this year but I dont want to listen to these overrated prediction by those famous people cause to be honest its not credible.

The thing is we cannot find people who are really consistent with giving good predictions, hence we can't find a credible person.

Some experts might be correct in the past but that does not guarantee they'll continue to be right, just like McAfee had a correct prediction in the past but is now prediction a very high for bitcoin which is most likely unrealistic in the eyes of the many.
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