bitcoin price end of year? - page 4.

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Quote from: Baofeng on April 22, 2021, 05:23:39 PM

Quote from: sandqueen on April 22, 2021, 03:24:19 PM

i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think

That is the end game this year, to reach that 6 digit. Every month we have a drop and then new all time high. You do the math, when we are going to hit $100k. Maybe we can hit it much earlier that we though, I reckon. There could be more positive news in the 2nd or 3rd quarter of the year. So expect the unexpected, don't be affected by this drop, this is what we call "healthy correction".

good point. I also believe 6 digit will be bitcoin next target. In the end of this year, there will be a lot of surprise since we have more than 6 months ahead. Even without good news, bitcoin is able to once again hit $65000 and surpass $100000 for the first time

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Quote from: sandqueen on April 22, 2021, 03:24:19 PM

i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think

Homestly no clue. With the recent dip i think there is much more downward pressure if it creeps in the 60-70k range. There will be a lot of profit taking all the way up to 100k. Going to be difficult for some to hold on for the ride. Can it, sure. Do I think this year is 100k year...not yet do t think so but hey how who knows.

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Easy! End of year bitcoin is less than it is now, by a lot.

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Quote from: ScamViruS on April 24, 2021, 01:20:07 PM

Bitcoin couldn’t stay there after crossing its new ATH. The market moves at its own pace so a correction was needed at that time. But now that a major correction has taken place, many may not have expected it, but the news of Joe Biden's new tax hike has had a huge impact on the market.

In bitcoin standards we cannot call the recent correction as a major one and i still believe that were are bound to see one in the coming months most probably by the end of this year and it all depends upon political influence as well. We were not having any negative news for a long time and the price of bitcoin soared to new level that i did not expect and now we are seeing negative news popping up one by one and the impact took the market down.

Quote from: ScamViruS on April 24, 2021, 01:20:07 PM

It will be difficult to estimate now how long this situation will last, from this position we may see more dumps or we may see steady recovery on the other side. Let's see how the bitcoin market recovers against this negative news.

We might trade in a price range for a while before the final rally and i am still hoping everything goes well and i expect the final rally would come before these governments are planning to implement market affecting policies.

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Quote from: sandqueen on April 22, 2021, 03:24:19 PM

i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think

Still about 8 months to the end of the year, this is a long time for Bitcon to go up to the price of $ 100k. If we look at the Bitcoin price of $ 30k
in January and now it has managed to go up to a price of $ 50k, in fact Bitcoin hit the ATH price 10 days ago at $ 64k. So it's quite possible
Bitcoin hit a price of $ 100k by the end of the year, we don't know what kind of surprise Bitcoin will bring us. That's why I never stop trying
to collect as much Bitcoin as possible, so that by the end of the year if the $ 100k target is reached, I can make a huge profit from Bitcoin.

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Quote from: iamsange on April 24, 2021, 10:07:59 AM

Quote from: sandqueen on April 22, 2021, 03:24:19 PM

i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think

Maybe still around $50000 or if increased maybe 25% like $60000-$70000, if down maybe still stay in $30000 or $40000. I don't have deep analysis but to make bitcoin price down, but will ned big bad news to make bitcoin price dumped. To increase about to $100000 is possible too but will need good news again.

Bitcoin couldn’t stay there after crossing its new ATH. The market moves at its own pace so a correction was needed at that time. But now that a major correction has taken place, many may not have expected it, but the news of Joe Biden's new tax hike has had a huge impact on the market.

It will be difficult to estimate now how long this situation will last, from this position we may see more dumps or we may see steady recovery on the other side. Let's see how the bitcoin market recovers against this negative news.

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Quote from: sandqueen on April 22, 2021, 03:24:19 PM

i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think

Most investors will have the same target and yeah $100.000 is the nexy target that should be reached by bitcoin. As for the current drop, I guess bitcoin need a correction first before increase like $20.000 to $65.000 a few months ago. I haven't seen a huge correction in bitcoin price movement at least since the previous all time high $20.000 was passed. Maybe this is a time for bitcoin price meet a correction, more than that technically there is a tripple top in bitcoin price movement so there is a sign for its price fall first.

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Quote from: sandqueen on April 22, 2021, 03:24:19 PM

i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think

Bitcoin price is so much volatile and bitcoin price is dumping now. This is not a big issue. Because this is the character of all Crypto currency. Because of a potential and good coin its price will increase again and soon, i hope so. I also think that bitcoin price will hit $100k in the end of this year. But not 100% sure. Even no one can predict surely in Crypto currency.

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Quote from: sandqueen on April 22, 2021, 03:24:19 PM

i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think

Maybe still around $50000 or if increased maybe 25% like $60000-$70000, if down maybe still stay in $30000 or $40000. I don't have deep analysis but to make bitcoin price down, but will ned big bad news to make bitcoin price dumped. To increase about to $100000 is possible too but will need good news again.

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I think the one-month bitcoin red moon candle will end and come to about $ 43,000 because April is coming to an end and we have to wait for the market reaction.
Bitcoin can be ready to jump up to $ 70,000 after stabilizing in the $ 45,000 or $ 41,000 range, and I hope to reach $ 70,000 by the end of the year.

41,000 range is so low for Bitcoin to sideways around that area. We see a strong rejection after Bitcoin hits 45,000 area which means bulls don't want to end uptrend by protecting against lower lows. April is not good for Bitcoin but we can see already some market recovery next week since monthly candle will already close and market always bounce back a bit when candle is closing red.

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Quote from: CryptopreneurBrainboss on April 24, 2021, 06:59:32 AM

The market is govern by speculation and the recent is $100k. If we're going to achieve any milestone before a sudden pullback it'll have to be the price of $100k. Everyone both traders and investors are anticipating for that price so obviously the selling pressure will be at that price range which will make it difficult for the price to stay above 100k in it's first attempt.

If you approximate the current price of bitcoin to be $50k it'll means just a 100% increase and bitcoin would be trading at the $100k milestone which isn't that difficult especially now that the institutional investors are in fully and pumping in cash that can affect the price both directly and indirectly (fomo).

Also, if the 2x increase is a reasonable estimate then the normalization of bitcoin prices is on the way and we would see a much lesser fluctuation of price with each new price level reached.

But it's true bitcoin needs some fixes in order to scale properly and increase the value of the currency. But because the world is still fascinated by the cryptocurrency and it's still very rare to see people converting fiat currency into bitcoin, the value is still stuck around its current spot. At best (not consensus view), we are getting closer to the point that it's no longer speculation but instead becomes mainstream.

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Quote from: Obito on April 24, 2021, 03:13:49 AM

It's difficult to assume especially if you don't have an experience in the field but eyeballing is a good rule of thumb for me, I would probably go for around 60k by the end of the year. I don't feel that going higher than that seems realistic but if it ever happens then that's okay, going lower is the same and much better since I can buy bitcoin at lower price.

The market is govern by speculation and the recent is $100k. If we're going to achieve any milestone before a sudden pullback it'll have to be the price of $100k. Everyone both traders and investors are anticipating for that price so obviously the selling pressure will be at that price range which will make it difficult for the price to stay above 100k in it's first attempt.

If you approximate the current price of bitcoin to be $50k it'll means just a 100% increase and bitcoin would be trading at the $100k milestone which isn't that difficult especially now that the institutional investors are in fully and pumping in cash that can affect the price both directly and indirectly (fomo).

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Quote from: sandqueen on April 22, 2021, 03:24:19 PM

i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think

Don't expect to much so you won't regret in the end, just think of a price that can be reached someday but don't take it seriously to avoid frustrations.
I myself also wanted to experience that price, but there's many factors that affects the growth of btc. I'm hoping this year to be the most fruitful gains for everybody who's always there to support bitcoin no matter what challenges may come.

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Quote from: sana54210 on April 23, 2021, 02:25:00 PM

I have set myself a goal to reach, not for bitcoin price but for how much I want to have, and right now it is about 15 bitcoins (changes based on how much bitcoin is), I want to remind you that I do not own even 1 bitcoin right now and I still aim at that level. I do not plan on reaching it this year or next year, I plan on reaching there sooner than the next 20 years, it would help me out a lot.

A very challenging goal, especially given the price BTC has today - but for people who really want something, nothing is impossible - especially if they have a good strategy. But as you say yourself, if the price of BTC goes up, the number you set as a goal will surely go down.

Quote from: sana54210 on April 23, 2021, 02:25:00 PM

However for bitcoin I think this price crash is false and it will go back up, there are times when market takes out a profit and because of that the price crashes and then it recovers slow by slow. People may think that we are in a bad situation but the reality is that we are in a similar situation as before, as long as these huge companies keep buying bitcoin there is nothing we should be worried about since they will keep increasing the price by buying a lot when it drops.

This is more than obvious, those who buy want the lowest possible price and have ways to influence the market - and they are helped by events that happen like the situation in China. Despite the constant mention of the crypto market, which is about $2 trillion (more or less), everyone knows that this data is widely manipulated - and the crypto market is very sensitive and volatile, which has been shown from the very beginning until today.

Small fish are always in a panic and try to find a way out thinking that they will run aground, and panic as always use big fish to eat them. Some would say it is a law of nature.

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It's difficult to assume especially if you don't have an experience in the field but eyeballing is a good rule of thumb for me, I would probably go for around 60k by the end of the year. I don't feel that going higher than that seems realistic but if it ever happens then that's okay, going lower is the same and much better since I can buy bitcoin at lower price.

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Quote from: nightwishx on April 23, 2021, 10:56:20 AM

Quote from: traderethereum on April 23, 2021, 03:48:32 AM

Quote from: sandqueen on April 22, 2021, 03:24:19 PM

i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think

If $100k is too high for bitcoin to reach, then maybe $70k-$85k will be the next highest target or next ATH for bitcoin for this year.
We believe that bitcoin will rise again and this moment is just another correction that always happens to bitcoin and we should use this moment to buy more bitcoin because once the price starts to increase, it will hard to buy bitcoin with some money. After all, the price is already rising higher.
Sooner or later, the price will be back, and we will see a new ATH of bitcoin later.

Under current circumstances, $70k- $80k is the most relevant number. out of all the institutions buying into and even some of the big names that are getting into crypto, bitcoin is still unable to break the $70k mark, so I'm sure that by the end of the year there is crypto season, the most reasonable price is around $70k- $80k.

For sure, bitcoin still needs more time to increase because this month may be close with the sideways of bitcoin price moves.
I do not know if that will be good or not, but if the altcoin can move and increase higher, I think we do not mind seeing the bitcoin price stable for a while because we can still make a profit from the altcoin.
$70k-$80k is the price that I think close to the last ATH at $64k, so probably, the price will reach that range this year.

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Quote from: Lucius on April 23, 2021, 08:31:20 AM

I haven’t set any goal for myself personally, because I don’t think price alone is what determines Bitcoin. It's hard to say what will happen by the end of the year, but this year should be generally positive because it comes after a halving that has had a positive effect on price in the past. But as far as I can see people are quite ungrateful and greedy, and they think that Bitcoin is just a money factory that gives on the principle of "invest $1, in a couple of months you will get $100", which is of course complete nonsense.

For those who have invested in the last few months, nothing below $100k will be satisfactory, for some others there will be no problems even if at the end of the year the price is identical to what it is today.

I have set myself a goal to reach, not for bitcoin price but for how much I want to have, and right now it is about 15 bitcoins (changes based on how much bitcoin is), I want to remind you that I do not own even 1 bitcoin right now and I still aim at that level. I do not plan on reaching it this year or next year, I plan on reaching there sooner than the next 20 years, it would help me out a lot.

However for bitcoin I think this price crash is false and it will go back up, there are times when market takes out a profit and because of that the price crashes and then it recovers slow by slow. People may think that we are in a bad situation but the reality is that we are in a similar situation as before, as long as these huge companies keep buying bitcoin there is nothing we should be worried about since they will keep increasing the price by buying a lot when it drops.

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Quote from: traderethereum on April 23, 2021, 03:48:32 AM

Quote from: sandqueen on April 22, 2021, 03:24:19 PM

i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think

If $100k is too high for bitcoin to reach, then maybe $70k-$85k will be the next highest target or next ATH for bitcoin for this year.
We believe that bitcoin will rise again and this moment is just another correction that always happens to bitcoin and we should use this moment to buy more bitcoin because once the price starts to increase, it will hard to buy bitcoin with some money. After all, the price is already rising higher.
Sooner or later, the price will be back, and we will see a new ATH of bitcoin later.

Under current circumstances, $70k- $80k is the most relevant number. out of all the institutions buying into and even some of the big names that are getting into crypto, bitcoin is still unable to break the $70k mark, so I'm sure that by the end of the year there is crypto season, the most reasonable price is around $70k- $80k.

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I haven’t set any goal for myself personally, because I don’t think price alone is what determines Bitcoin. It's hard to say what will happen by the end of the year, but this year should be generally positive because it comes after a halving that has had a positive effect on price in the past. But as far as I can see people are quite ungrateful and greedy, and they think that Bitcoin is just a money factory that gives on the principle of "invest $1, in a couple of months you will get $100", which is of course complete nonsense.

For those who have invested in the last few months, nothing below $100k will be satisfactory, for some others there will be no problems even if at the end of the year the price is identical to what it is today.

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Quote from: pooya87 on April 23, 2021, 12:42:27 AM

Following the 4 year cycle.
This is what I still believe will happen because the past 3 years were exactly the same and there is no reason for 2018, 2019 and 2020 be exactly the same as 2014, 2015 and 2016 then 2021 not be similar to 2017!
This means price should reach at least $400k to $500k by the end of this year.
In fact the recent drop is a good indication of things being exactly the same as 2017 once again. In 2017 when price went ~3.8x above the previous ATH (2021 version is ~3.3x) it had a similar big dropped 40% and the downtrend lasted for 2 weeks and in 4 weeks price was back to its ATH and in another month it about doubled it (reached $8k).
This is exactly the same, after reaching $8k there is some FUD that is causing the exact same crash to get ready for the next launch to a 2x rise reaching $120k by the end of May.

Excellent observation; even I remember those price levels, I could not recall how long a down trend persisted and how much bounce back happened after that kind of information. I guess I must work on improving my memory power so that I could hold my bitcoins with more confident.

The current downfall must be a temporary one and we are going to have a new journey from here onward. So, the next stopping would be $120k and then $190k and finally $380k by end of this year which may differ with tine frame but price levels are too likely to happen.

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