Crypto Trader's the most preferable subjet is the prediction about bitcoin.Many analysts predicted how high and low bitcoin prices could go, similarly, Samson Mow, CSO in Blockstream, which is a leading provider of blockchain technologies and CEO at Pixelmatic, tweeted his opinion on the bitcoin price.What is your opinion?
Bitcoin is unpredictable and we all know that.
But my opinion is that we will finish this year with 11,000 and we will probably be around 17,000 for next year.
Also, for the next 10 years, Bitcoin is in the range of 25,000 or 30,000, and I do not think that 100,000 will appear any time soon.
A realistic kind of view which i do agree of since i do have the same perception towards price that we wont reach 100k anytime soon or in future.
Well, everything is unpredictable and we know on how this market moves but doesnt mean that its just right to go into those levels or numbers which is even hard to believe that we would reach it out.
20k-30k would be realistic though but this would be the max out price and never go beyond that but i cant really blame out this permabulls who do keeps talking about a million dollar per coin which is
do saw for it to be exaggerated.
Anyone who predicts the price of bitcoin to reach 100k I would not believe it even if it was said by the most influential person, regardless of high or low price predictions at least it will also be related to issues and trends that occur every year. So, to reach 100k maybe for the next 5 years, it still seems impossible to happen even though the growth of bitcoin in the first 10 years can be said to have progressed so rapidly but that does not guarantee for the next 10 years to get the same trend, because the situation and conditions are not predictably could make the market collapse or vice versa.
Lots of factors that can really affect and lots of situations that might happen in the future which would either make rise or dump into the market. $100k is indeed too far off and people should at least
made out some realistic analysis on how the hell would be the price to be like that on some couple of years if we do even try to consider on what our movements in the past 10 years of this market?
We had just maxed out on 20k and the market had corrected after that.