Topic: bitcoin price end of year? - page 2. (Read 804 times)

Indeed, btc will sure to rebound from the current price to make another new ATH of $70k and than it might go for higher price zone like $100k or $250k or even more than that. But btc will take corrections like this one in the meantime of bullish rally. Also, everyone might be wondering that btc won't pump more as its dominance is under 50% which means money flows into altcoins more. But it's just temporary because news media making rumors to dump btc more and panic hodlers are leaving btc which is great for us to make new ATH of $70k soon as market will be more stable than now.

Without an iota of doubt bitcoin should be such that will make something big before the end of this year becasue of past histories in the world of crypto. The fall of bitcoin price was long awaited becasue of it price movement from the beginning of this year 2021, the current correction that's happening in the market will be that which will spur bitcoin price to $70k and then to a higher level like $250k before the close of 2021 IMO.

It seems like too fast to hit $ 100k in 1 or 2 months. I think $ 100k will be reached at the end of the year like October - November. because not forever the market will continue to be bullish. there will be a correction in the market that temporarily reduces prices.

Don't forget that bitcoin moved from $10k levels to $19k levels in less than three weeks of time by 2017 and now we are in 2021 and there are many new people to keep investing into bitcoins hence the support levels are too high to make anything possible these days. I believe there are a lot of possibilities for bitcoin prices to double from the current price levels.

This way I'm expecting more than $100k price levels by end of this year. Because, I am very confident about to have $100k in next one or two months itself.

Bitcoin won't move that fast and easily and reach $100k. I don't disclose such a possibility but I wasn't expecting it this year or even next year.

The market needs to have another set of market preparation and maybe we could have this rally after the next bearish season. I'm looking forward to seeing this in the next Bullish season.

But the question is when? Or we wait for the next halving?

That is normal if you are quite panicked when you see bitcoin price fall below $50k because many of us have the same experience.
I also panic to see the price jump down because I am not watching the market at that time, so when I see the price jump go down, I only think let it be but I believe that is just a correction.
The bitcoin price now can attract them to invest in bitcoin before the price starts the next rally and if that happens, they will need to spend much money to invest in bitcoin.
That will cost them a big budget to just invest in bitcoin, although a company will do that when bitcoin price jump to the high price.
We will see the next rally soon and when it happens, the price will have the chance to break $60k.

This is the great thing about Bitcoin with many external factors that trigger the price of Bitcoin to fall, but the price support for Bitcoin is
very strong. So the Bitcoin price does not continue to fall below $ 40k, this is because the institution is not affected to sell their Bitcoin,
when a few days ago there was a correction. The institution will still hold the Bitcoin they own, and some institutions may decide to buy
Bitcoin again when the Bitcoin price drops below $ 50k. So now the Bitcoin price has shot up to a price of $ 54k.


I was actually quite panicked when the Bitcoin price fell below the $ 50k price, but it didn't last long as Bitcoin quickly managed to climb back up
to $ 54k. But there is no need to worry that the price hasn't gone above the $ 60k price yet, because Bitcoin needs a lot of support to get back
above the $ 60k price, as you have said. I agree that the number of companies that will invest in Bitcoin will increase if they see the movement of
Bitcoin as it is now. Because sooner or later many companies finally know the benefits of investing in Bitcoin, I hope there are more big
companies investing in Bitcoin in the near future. If that happens I believe it will trigger the Bitcoin price to rise above $ 60k and it could even
go up to the new ATH price.

Don't look for too much so you wont lost much also.

I believe that possibilities of gaining to 100k is there , But we must be also ready for for the dump and failure.

It can take 100k but it can fall to below 30k also so either way you must be ready right?

Buy and Hold but also know when to sell.

We should concern about the price up to and down because when the price is down, some people are panic and can not stay calm and think about what they need to do.
Gladly, the bitcoin price can recover from the downtrend yesterday, although it seems the price is not moving to the higher or lower price and looks stable for now.
We need to break the barrier for every high price and that is not easy to do for bitcoin, especially if the negative news comes out again because people still can not calm down and just let that news.
I believe bitcoin will have more support in the next months as many companies will see the benefits of bitcoin for their new investment.

On every correction there's always a correspondent recovery which had been seen since from the start of this market.As long there's demand then we can really see that

bounce back or price rise would really be next, time wont really be that known though but on some guarantee it could really be reaching out into that state.

When it comes to bitcoins price for this year then its really hard to predict on because with this speculative market then digit or numbers aren't known to us
and this is why we do keep on speculating.

Not in the sense that it would be a major news, but more individually I have heard of that as well. I have seen some good ones even include bitcoin when they are doing fund raising as well, it is usually coming from USA. Look at Ohio state governor who decided that they could accept bitcoin as tax payment on crypto earnings, or Miami mayor who decided that they may pay the salaries in crypto if workers opt for it, there are examples like that which I assume is another example how they do have it personally as well.

I do not believe that any politician who is doing such good things for crypto would not buy any crypto of their own. This is why I think it is not going to be that tough to guess that some of them do own crypto. But I do not have any sources that confirms this, it is just a guess, you will have to google or wait for ice to respond for any sources.

The recent correction of bitcoin market was triggered by mining blackout in China due to floods.
So, it means fundamentally bitcoin is doing stronger and due to some external factor its progress was halted. So, there will be no pint of worry on the recent correction and losses in marketcap of bitcoin dominance metrics.

It happens on every market and usually bitcoin is known for bouncing back from such corrections and this is what exactly happening right now as bitcoin is trading above $54k levels.

But still, that will need time before the price can surpass $100k this year.
The fluctuations happen so far, and it needs more support from more investors to lift the price because the price is still at $55k, which is better than a few days ago.
Hopefully, the price can still be like this and will have more chances to increase and back to $60k.
If more support comes to bitcoin in the next months, that can give a big chance for bitcoin to have the power to lift the price.

Politicians? I am first time hearing about their hand in accumulating bitcoins. Do you have any reference link for confirming this? But it is obvious when something is getting famous and getting known for higher returns then all kind of people will start investing with it; right now this is only happening exactly. So there will be no wonder, by some chances bitcoin may test even $ 1 million by end of this year.

Yeah, we are all talking about reaching $100k levels by end of this year but when we are having institutions, corporate and politicians on board then anything could happen which may be up to 10x higher than what we are speculating.

Yes and the demand is really huge it can surpass $100k this year not only institutional investors even some politicians are accumulating btc they will get left behind once btc become one of the most use currency in the planet people wants decentralization not controlled by any organization or government let the old untrusted, untransparent scam financial system abandon and replaced with decentralize system.   

There are so many predicting the price of $100k bitcoin this year I think it's about time and there will be a bitcoin price of $100k even above because the bitcoin mining reward has decreased enough after the halving, I think if bitcoin goes through $100k it will be a lot of bad news to drop it but calm down the most important thing remains long-term HODL for bitcoin especially before the halving again in 2024 how much will bitcoin price be in that year, I'm sure the price is more fantastic than this year

I think that the forecast about the price of $ 100,000 in the near future is unlikely. The only question is related to the situation about the CAVID 19 pandemic, and a sharp deterioration in this situation may play the role of a trigger, but it seems that by the summer the situation with the epidemic will stabilize. There will be a lull or correction in the summer. But as for the end of the year, the situation is more likely, given the ongoing economic recovery, we can expect a price in the region of even 120,000 dollars.

I guess that bitcoin may not require many months to reach $100k levels from the current levels of above $50k; it is all about just doubling which may happen in matter of weeks as well.

Yeah, there are chances for $100k to happen within this May month itself if bitcoin holds above $50k levels here after. I mean bitcoin should not go for further correction from here on which is more important to gather confidence among investors again so that new investors will take bitcoin to the moon for sure in short period of time itself.

i am more than positive that the price will even increase more than 100k this year but it may happen near now or in the end of the year but what matters is that the value will not fall down to 20,000 level again and forever.

What you think the possibilities of this could happen?

will Bitcoin maintain its 30,000 or higher level all time long?

This is already been expected that bitcoin will reach 100k$, and I believe that it will really reach based on the price movement if there were no issue that come in the next few months I believe that bitcoin will hit 100k$. If we are going to look at the price it is now 53k$ and we have many months to go before end of the year so i think bitcoin will rise up to 100k$.