Bitcoin may hit 27K USD in the next 180 days! - page 3.

Juggy777

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Quote from: Tduty on January 31, 2020, 04:40:24 AM

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/

@Tduty how did you beat @bbc.reporter by publishing Tom Lees news you do realise that she has the unofficial right over his news lol, anyway back to the topic I’m hoping his prediction comes true but $27k seems a bit to much in my opinion. Also I would advise you to take his predictions with a pinch of salt, because he’s does not always get them right hence do your own research before taking any decisions.

batang_bitcoin

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Here goes to the bulls prediction. Tom Lee predicted last time but then it wasn't reached but it's okay, it's always an opinion and it's up to the readers if they'll lean on that. I'm not going to be against the prediction of $27k because it isn't that much and it's very likely to be reached.
We all want that to happen as if it's just yesterday when bitcoin reached $20k. With the factors and reasons that we have right now, the chance is very high but can't be sure about the given timeframe.

1Referee

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Quote from: n0ne on January 31, 2020, 05:13:54 AM

Already we've experienced $20k+ and this makes the $27k an realistic value to be reached in the short term or in the long run close to the days after halving.

It looks like peanuts if you put it like that, but I'm pretty certain that it's not going to be like that. There is plenty of resistance and potential big money exit points below $20,000 that will make it a real struggle to print a new all time high. The whole dynamic of the market changes after that because you're visiting territory not visited before, and that's usually when you see the huge moves follow.

People during 2017 called the top of the next all time high every $1000 the price went up but failed until the CME market went live and we started to correct from $20,000. I can see that happen again, but the most important factor is to break that high. I honestly wouldn't even dare to call a price once we do break that high because the sky is the limit. It could peak at $50,000 or over $100,000...

I will only start securing profits once there is a clear indication of a downtrend on the weekly time frame. That means I will not sell the top, but that doesn't really matter. I rather not miss out by selling too early.

n0ne

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Already we've experienced $20k+ and this makes the $27k an realistic value to be reached in the short term or in the long run close to the days after halving. In what aspect the timeline is predicted to be 180 days needs to be analysed. If halving gives a big market change surely this year we'll experience a new ATH. Crossing price barries is not that simple, now the market have come close to $9500. It needs to cross more rounded price barriers before making way for a new ATH as mentioned by most users in the above quotes. Lets hope something good happens this year.

LFC_Bitcoin

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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

Sanitough

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I would be okay even in December, Grin

At the current price pump, it's not impossible for bitcoin to reach a new ATH this year, before and after the halving is a crucial time, though before halving is more bullish as people would love to buy due to hype, but if it can sustain after the halving, then probably we will be in a bull market that time and nothing impossible in bull run, ATH was $20K so $27K is not far to achieve.

GuyFromBarcelona

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Quote from: Tduty on January 31, 2020, 04:49:20 AM

Quote from: GuyFromBarcelona on January 31, 2020, 04:42:43 AM

I am not that optimistic, but well, that would be great obviously.

What would you guys do? sell at 27k or hold to the next cycle?
reaching 27k this year could lead in more investors being interested and that would make the 100k goal more doable.

I am very optimistic that Bitcoin may really hit 27K USD after the halving but I am afraid that it won't hold it for a long time. As you know people are still in huge loss, they would go for recovery by selling at a high price. Even I will sell if Bitcoin hit 27K USD and then I will wait for a dump to buy again. 100K USD seems daydream to me.

Obviously if it passes 25k it will last a breath. But that's not bad, that's very reasonable to happen. Breaking 25k would be great, breaking 25k and maintaining is asking way too much.

100k could become a bit more realistic in the long run if this time breaks 25k. If it doesn't break 20k In my opinion 100k would me almost impossible.

Since a lot of people would lose interest and hope in btc mooning again, just for the psychological thing of surpassing the last bubble. In fact reaching 22k instead of 18k is not a big difference in numbers but could make the next cycle totally different. IMO

Tduty

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Quote from: GuyFromBarcelona on January 31, 2020, 04:42:43 AM

I am not that optimistic, but well, that would be great obviously.

What would you guys do? sell at 27k or hold to the next cycle?
reaching 27k this year could lead in more investors being interested and that would make the 100k goal more doable.

I am very optimistic that Bitcoin may really hit 27K USD after the halving but I am afraid that it won't hold it for a long time. As you know people are still in huge loss, they would go for recovery by selling at a high price. Even I will sell if Bitcoin hit 27K USD and then I will wait for a dump to buy again. 100K USD seems daydream to me.

GuyFromBarcelona

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I am not that optimistic, but well, that would be great obviously.

What would you guys do? sell at 27k or hold to the next cycle?
reaching 27k this year could lead in more investors being interested and that would make the 100k goal more doable.

Tduty

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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/

Topic: Bitcoin may hit 27K USD in the next 180 days! - page 3. (Read 617 times)