Bitcoin to $120k next year - by Robert Kiyosaki

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Quote from: Baofeng on August 11, 2023, 04:01:48 PM

Quote from: serjent05 on August 10, 2023, 05:58:48 PM

Quote from: salad daging on August 10, 2023, 01:19:48 PM

Quote from: uswa56 on August 10, 2023, 07:04:18 AM

Trusting myself to make every decision in investing is very good I think, because indeed every prediction by several experts has a different view and so does the realization, it is very uncertain.
Regarding the price of Bitcoin which will reach 120k in the next year, there is nothing wrong with that prediction, because it is very optimistic that it can predict that, but again we all have different views.
Personally I am optimistic that the price of Bitcoin will rise but not significantly so that it can reach 120k in a short time.

When experts write bitcoin predictions it will be a different view, because some people see him as an influential person so there is a reason why many people follow him including in the crypto news media.
There is nothing wrong anyone can write the price of bitcoin according to their beliefs where bitcoin will go next year after Halving, when you already have a bitcoin price target it means there is already bitcoin in your wallet.
It will definitely go up, I still don't know when this upward recovery will occur, I think now we have to wait for the Halving first.

Regardless there is no basis for the prediction so it is still a guess. I do not think that Bitcoin will reach 120k next year, if it is 2025, probably it has a possibility to happen because Bitcoin had enough momentum due to halving and possible FOMO that will exist when the price starting to surge. I also think that the time is too short for Bitcoin to hit that $120k at the end of the 2024. Even though Bitcoin halving is a huge catalyst for Bitcoin uptrend, it still needs to build up momentum and I believe it will take some months before the Bitcoin price starts going crazy.

Yes, everything is based on prediction and speculation and guesses. And with that, we don't know what will be the price till we are actually there. I still remember:

2017- there were speculation that we might go to $50k after reaching almost $20k that December
2021 - S2F model predicts $100k, and the prediction is almost perfect when we reach $69k that November

But we all know from those predictions that it didn't happen, no $50k after 2017, on the contrary it was a bear market. $100k was almost there, but after reaching $69k, it was the all time high for that bull run and no 6 digits in December.

I think the S2F model predicted the $20K run in 2017 pretty well. It made me a believer and was my go to in order to tell people my thoughts on the fractal price movement every four years. I also think it would have been accurate in 2021 if it were not for FTX stealing everyone’s money meant for BTC and dumping it into Solana and other shitcoins. That means 2025 could be the mother of all rallies, as we haven’t had a peak manipulated by fraud like in 2021 before.

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Quote from: serjent05 on August 10, 2023, 05:58:48 PM

Quote from: salad daging on August 10, 2023, 01:19:48 PM

Quote from: uswa56 on August 10, 2023, 07:04:18 AM

Trusting myself to make every decision in investing is very good I think, because indeed every prediction by several experts has a different view and so does the realization, it is very uncertain.
Regarding the price of Bitcoin which will reach 120k in the next year, there is nothing wrong with that prediction, because it is very optimistic that it can predict that, but again we all have different views.
Personally I am optimistic that the price of Bitcoin will rise but not significantly so that it can reach 120k in a short time.

When experts write bitcoin predictions it will be a different view, because some people see him as an influential person so there is a reason why many people follow him including in the crypto news media.
There is nothing wrong anyone can write the price of bitcoin according to their beliefs where bitcoin will go next year after Halving, when you already have a bitcoin price target it means there is already bitcoin in your wallet.
It will definitely go up, I still don't know when this upward recovery will occur, I think now we have to wait for the Halving first.

Regardless there is no basis for the prediction so it is still a guess. I do not think that Bitcoin will reach 120k next year, if it is 2025, probably it has a possibility to happen because Bitcoin had enough momentum due to halving and possible FOMO that will exist when the price starting to surge. I also think that the time is too short for Bitcoin to hit that $120k at the end of the 2024. Even though Bitcoin halving is a huge catalyst for Bitcoin uptrend, it still needs to build up momentum and I believe it will take some months before the Bitcoin price starts going crazy.

Yes, everything is based on prediction and speculation and guesses. And with that, we don't know what will be the price till we are actually there. I still remember:

2017- there were speculation that we might go to $50k after reaching almost $20k that December
2021 - S2F model predicts $100k, and the prediction is almost perfect when we reach $69k that November

But we all know from those predictions that it didn't happen, no $50k after 2017, on the contrary it was a bear market. $100k was almost there, but after reaching $69k, it was the all time high for that bull run and no 6 digits in December.

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Quote from: salad daging on August 10, 2023, 01:19:48 PM

Quote from: uswa56 on August 10, 2023, 07:04:18 AM

Trusting myself to make every decision in investing is very good I think, because indeed every prediction by several experts has a different view and so does the realization, it is very uncertain.
Regarding the price of Bitcoin which will reach 120k in the next year, there is nothing wrong with that prediction, because it is very optimistic that it can predict that, but again we all have different views.
Personally I am optimistic that the price of Bitcoin will rise but not significantly so that it can reach 120k in a short time.

When experts write bitcoin predictions it will be a different view, because some people see him as an influential person so there is a reason why many people follow him including in the crypto news media.
There is nothing wrong anyone can write the price of bitcoin according to their beliefs where bitcoin will go next year after Halving, when you already have a bitcoin price target it means there is already bitcoin in your wallet.
It will definitely go up, I still don't know when this upward recovery will occur, I think now we have to wait for the Halving first.

Regardless there is no basis for the prediction so it is still a guess. I do not think that Bitcoin will reach 120k next year, if it is 2025, probably it has a possibility to happen because Bitcoin had enough momentum due to halving and possible FOMO that will exist when the price starting to surge. I also think that the time is too short for Bitcoin to hit that $120k at the end of the 2024. Even though Bitcoin halving is a huge catalyst for Bitcoin uptrend, it still needs to build up momentum and I believe it will take some months before the Bitcoin price starts going crazy.

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Quote from: uswa56 on August 10, 2023, 07:04:18 AM

Trusting myself to make every decision in investing is very good I think, because indeed every prediction by several experts has a different view and so does the realization, it is very uncertain.
Regarding the price of Bitcoin which will reach 120k in the next year, there is nothing wrong with that prediction, because it is very optimistic that it can predict that, but again we all have different views.
Personally I am optimistic that the price of Bitcoin will rise but not significantly so that it can reach 120k in a short time.

When experts write bitcoin predictions it will be a different view, because some people see him as an influential person so there is a reason why many people follow him including in the crypto news media.
There is nothing wrong anyone can write the price of bitcoin according to their beliefs where bitcoin will go next year after Halving, when you already have a bitcoin price target it means there is already bitcoin in your wallet.
It will definitely go up, I still don't know when this upward recovery will occur, I think now we have to wait for the Halving first.

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Quote from: fzkto on August 08, 2023, 10:05:58 AM

Quote from: Pejoh Asu on August 08, 2023, 09:27:27 AM

Many people buy or sell because they follow the advice of people they consider experts, of course as an expert they have good predictions, but in my opinion without predictions from Robert Kiyosaki next year's price could reach $ 120k due to many factors, especially there will be a halving day at the beginning of the year .

I wouldn't trust this guy much in terms of bitcoin price prediction. Sure he has experience in the markets, but as far as I remember he hasn't had much success in trading, but he has had success in writing. 120k next year looks very optimistic to me. I guess it could happen if the economies around the world are booming again and there is investment in all markets again, but so far I don't see that happening. Maybe after the US elections something will change, but not quickly.

Trusting myself to make every decision in investing is very good I think, because indeed every prediction by several experts has a different view and so does the realization, it is very uncertain.
Regarding the price of Bitcoin which will reach 120k in the next year, there is nothing wrong with that prediction, because it is very optimistic that it can predict that, but again we all have different views.
Personally I am optimistic that the price of Bitcoin will rise but not significantly so that it can reach 120k in a short time.

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Quote from: Marvell1 on August 07, 2023, 03:22:31 AM

Quote from: savetheFORUM on August 07, 2023, 02:25:10 AM

Quote from: 19Nov16 on August 03, 2023, 05:25:46 AM

Quote from: landheer on August 02, 2023, 11:47:56 PM

now the price of btc is still in the range of $29k and I see that lately it's rather difficult for btc to break to $32k so according to my predictions that for 2024 the price of btc to reach $120k I think it's very difficult, but as a btc investor I'm still optimistic if in the future btc price will be higher. I don't think anyone will know about the btc price in 2024 but I hope that the btc price in 2024 will be over $120k and hopefully in 2025
btc price is very high

As investors, of course we must always be optimistic but we also have to be realistic, life is sometimes unique, what we plan is sometimes often different from reality, and as investors who already know Bitcoin for at least 2 years, of course not too much problem whether next year the price can reach $ 120k Or not, as long as we are still patient hold, $ 120k will occur.

There's no doubt, Bitcoin will go above and beyond $120k in the future, but in next year? I doubt it! Even if the price of Bitcoin starts going up from this point, it will still be difficult for it to reach that price next year because it won't enter the bull run before the halving, and halving is approximately in April next year, and generally, the bull run occurs after some time of the halving event, at least that is how it has been in the past, we can't be sure though.

Anyway, considering that, once the halving event occurs in April next year, we might see the price reaching a new all-time high at the end of next year or maybe in 2025. But still, it's all speculations and predictions that we create ourselves based on what has happened in the past and what's happening right now, we can never be sure of the future, of course.

I'm also bullish on bitcoin hitting $120k or more, and if we rely on what history shows, ATH won't happen in 2024 but maybe 2025 or 2026. If I remember correctly, the previous bull seasons will actually take place 1 year after the halving and if things continue to repeat themselves, the ATH will be set in 2025.
From the chart below, we can easily see the bull season and bitcoin hit ATH in 2013, 2017 and 2021 respectively, and if history repeats, we will have a new ATH in 2025.

The chart is clear with what we've been through and what we're going through. I also believe we are preparing for a bull season and we will have to wait until 2025 to really see a new bull season and ATH.

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Quote from: Pejoh Asu on August 08, 2023, 09:27:27 AM

Many people buy or sell because they follow the advice of people they consider experts, of course as an expert they have good predictions, but in my opinion without predictions from Robert Kiyosaki next year's price could reach $ 120k due to many factors, especially there will be a halving day at the beginning of the year .

I wouldn't trust this guy much in terms of bitcoin price prediction. Sure he has experience in the markets, but as far as I remember he hasn't had much success in trading, but he has had success in writing. 120k next year looks very optimistic to me. I guess it could happen if the economies around the world are booming again and there is investment in all markets again, but so far I don't see that happening. Maybe after the US elections something will change, but not quickly.

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Many people buy or sell because they follow the advice of people they consider experts, of course as an expert they have good predictions, but in my opinion without predictions from Robert Kiyosaki next year's price could reach $ 120k due to many factors, especially there will be a halving day at the beginning of the year .

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Quote from: savetheFORUM on August 07, 2023, 02:25:10 AM

Quote from: 19Nov16 on August 03, 2023, 05:25:46 AM

Quote from: landheer on August 02, 2023, 11:47:56 PM

now the price of btc is still in the range of $29k and I see that lately it's rather difficult for btc to break to $32k so according to my predictions that for 2024 the price of btc to reach $120k I think it's very difficult, but as a btc investor I'm still optimistic if in the future btc price will be higher. I don't think anyone will know about the btc price in 2024 but I hope that the btc price in 2024 will be over $120k and hopefully in 2025
btc price is very high

As investors, of course we must always be optimistic but we also have to be realistic, life is sometimes unique, what we plan is sometimes often different from reality, and as investors who already know Bitcoin for at least 2 years, of course not too much problem whether next year the price can reach $ 120k Or not, as long as we are still patient hold, $ 120k will occur.

There's no doubt, Bitcoin will go above and beyond $120k in the future, but in next year? I doubt it! Even if the price of Bitcoin starts going up from this point, it will still be difficult for it to reach that price next year because it won't enter the bull run before the halving, and halving is approximately in April next year, and generally, the bull run occurs after some time of the halving event, at least that is how it has been in the past, we can't be sure though.

Anyway, considering that, once the halving event occurs in April next year, we might see the price reaching a new all-time high at the end of next year or maybe in 2025. But still, it's all speculations and predictions that we create ourselves based on what has happened in the past and what's happening right now, we can never be sure of the future, of course.

I'm also bullish on bitcoin hitting $120k or more, and if we rely on what history shows, ATH won't happen in 2024 but maybe 2025 or 2026. If I remember correctly, the previous bull seasons will actually take place 1 year after the halving and if things continue to repeat themselves, the ATH will be set in 2025.
From the chart below, we can easily see the bull season and bitcoin hit ATH in 2013, 2017 and 2021 respectively, and if history repeats, we will have a new ATH in 2025.

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Quote from: 19Nov16 on August 03, 2023, 05:25:46 AM

Quote from: landheer on August 02, 2023, 11:47:56 PM

now the price of btc is still in the range of $29k and I see that lately it's rather difficult for btc to break to $32k so according to my predictions that for 2024 the price of btc to reach $120k I think it's very difficult, but as a btc investor I'm still optimistic if in the future btc price will be higher. I don't think anyone will know about the btc price in 2024 but I hope that the btc price in 2024 will be over $120k and hopefully in 2025
btc price is very high

As investors, of course we must always be optimistic but we also have to be realistic, life is sometimes unique, what we plan is sometimes often different from reality, and as investors who already know Bitcoin for at least 2 years, of course not too much problem whether next year the price can reach $ 120k Or not, as long as we are still patient hold, $ 120k will occur.

There's no doubt, Bitcoin will go above and beyond $120k in the future, but in next year? I doubt it! Even if the price of Bitcoin starts going up from this point, it will still be difficult for it to reach that price next year because it won't enter the bull run before the halving, and halving is approximately in April next year, and generally, the bull run occurs after some time of the halving event, at least that is how it has been in the past, we can't be sure though.

Anyway, considering that, once the halving event occurs in April next year, we might see the price reaching a new all-time high at the end of next year or maybe in 2025. But still, it's all speculations and predictions that we create ourselves based on what has happened in the past and what's happening right now, we can never be sure of the future, of course.

Latviand

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Quote from: Wong Gendheng on August 02, 2023, 06:52:09 AM

I think the hope to be able to reach $ 120k in Next Year, of course, depends on the market situation this year, as we know that this year the market looks difficult to be able to pass $ 30k and if until the end of the year the price is still in the range of $ 30k in my opinion it is difficult to reach $ 120 k.

Well, obviously it's going to do that but halving is nigh and we already know what happens after halving, the events leading to this hasn't been disproven yet so I don't think that we have to worry about anything regarding the price not going up because it's too dependent on the market situation. You're right that it won't be able to reach 120k though because it will surpass that and 180k would be it's peak, triple that of the previous peak which is pattern when it comes to halving peaks through the years.

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Quote from: South Park on August 03, 2023, 02:08:20 PM

Quote from: landheer on August 02, 2023, 11:47:56 PM

now the price of btc is still in the range of $29k and I see that lately it's rather difficult for btc to break to $32k so according to my predictions that for 2024 the price of btc to reach $120k I think it's very difficult, but as a btc investor I'm still optimistic if in the future btc price will be higher. I don't think anyone will know about the btc price in 2024 but I hope that the btc price in 2024 will be over $120k and hopefully in 2025
btc price is very high

120k on 2024 is definitely a difficult mark to achieve, as that is the year of the halving and even if the bull market begins to take shape at the time, it is not not going to be easy to reach such a high price so soon, if we did then the final price of bitcoin on this bull run should be above 200k or even 300k, and that seems like a very high price to me and very specific circumstances will need to happen in the case bitcoin were to achieve such a huge growth during such a short period of time.

It's just his prediction, although if you look at it, it has some weight based on previous historical logs of bitcoin. Last all time high is $69k, and so it's about 2x or higher in his prediction and this is only what the majority is seeing.

And as someone has said, he didn't add anything to the narrative, because we all know that this is what the price is pointing in the future. Would be surprised though if it hits $150k or more, but that's just me.

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Quote from: 19Nov16 on August 03, 2023, 05:25:46 AM

Quote from: landheer on August 02, 2023, 11:47:56 PM

now the price of btc is still in the range of $29k and I see that lately it's rather difficult for btc to break to $32k so according to my predictions that for 2024 the price of btc to reach $120k I think it's very difficult, but as a btc investor I'm still optimistic if in the future btc price will be higher. I don't think anyone will know about the btc price in 2024 but I hope that the btc price in 2024 will be over $120k and hopefully in 2025
btc price is very high

As investors, of course we must always be optimistic but we also have to be realistic, life is sometimes unique, what we plan is sometimes often different from reality, and as investors who already know Bitcoin for at least 2 years, of course not too much problem whether next year the price can reach $ 120k Or not, as long as we are still patient hold, $ 120k will occur.

yes, that's how it is, friends, when we invest in btc, of course, it is always full of trials and drama, but it is true that if we are strong and patient, of course we will reap the fruits of our patience. and indeed many people are speculating about the price of btc in the future and indeed many have come true like the ancients who invested in btc like in 2014 many are speculating btc in the future will be expensive and true in 2021 btc price is up in the $60k range range and hopefully in 2024 or 2025 BTC price is up.

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Quote from: landheer on August 02, 2023, 11:47:56 PM

now the price of btc is still in the range of $29k and I see that lately it's rather difficult for btc to break to $32k so according to my predictions that for 2024 the price of btc to reach $120k I think it's very difficult, but as a btc investor I'm still optimistic if in the future btc price will be higher. I don't think anyone will know about the btc price in 2024 but I hope that the btc price in 2024 will be over $120k and hopefully in 2025
btc price is very high

120k on 2024 is definitely a difficult mark to achieve, as that is the year of the halving and even if the bull market begins to take shape at the time, it is not not going to be easy to reach such a high price so soon, if we did then the final price of bitcoin on this bull run should be above 200k or even 300k, and that seems like a very high price to me and very specific circumstances will need to happen in the case bitcoin were to achieve such a huge growth during such a short period of time.

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Quote from: landheer on August 02, 2023, 11:47:56 PM

now the price of btc is still in the range of $29k and I see that lately it's rather difficult for btc to break to $32k so according to my predictions that for 2024 the price of btc to reach $120k I think it's very difficult, but as a btc investor I'm still optimistic if in the future btc price will be higher. I don't think anyone will know about the btc price in 2024 but I hope that the btc price in 2024 will be over $120k and hopefully in 2025
btc price is very high

As investors, of course we must always be optimistic but we also have to be realistic, life is sometimes unique, what we plan is sometimes often different from reality, and as investors who already know Bitcoin for at least 2 years, of course not too much problem whether next year the price can reach $ 120k Or not, as long as we are still patient hold, $ 120k will occur.

landheer

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now the price of btc is still in the range of $29k and I see that lately it's rather difficult for btc to break to $32k so according to my predictions that for 2024 the price of btc to reach $120k I think it's very difficult, but as a btc investor I'm still optimistic if in the future btc price will be higher. I don't think anyone will know about the btc price in 2024 but I hope that the btc price in 2024 will be over $120k and hopefully in 2025
btc price is very high

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Quote from: Wrathofcoins on August 02, 2023, 06:41:26 PM

Quote from: Alpha Marine on August 02, 2023, 06:36:47 PM

First, I think people are exaggerating the fall of the US dollar. This is not the first time that the dollar will be in a tight situation, but it's still the top currency out there.
Even if the dollar will truly die, it will not happen overnight. It won't even happen in one year. With how bad the dollar is doing right now, it's still better to hold the dollar than a lot of other currencies.

I think the same way, most of the people its talking about USD dollar falling like a currency of a third world country, and that its not gonna happen, well not right now or in the upcoming years.

About Kiyosaki, he is a smart person and also a businesman, so he know the next and actual generations of youngs are full on crypto, so he needs to catch that train and going up with that one, so he can still selling whatever he wants to sell.

And he made a positive but cautelouse prediction about BTC.

We're on a bitcoin forum, so you shouldn't be surprised to see people talking bad about assets like fiat, gold, and real estate and they'll flatter bitcoin. It is not wrong to say that the currency is depreciating day by day, but you are also right, it will not depreciate as quickly as people say.

Bitcoin's price increase is known to everyone and is no longer a secret, anyone can predict it. The increase in the price of Bitcoin is no longer a secret and anyone can predict it because it is inevitable and inevitable. But every time it is predicted by celebrities, people talk about it. I don't really see anything special in Kiyosaki's prediction, so there's nothing to worry about.

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Quote from: RewFrew on August 02, 2023, 05:34:14 PM

Quote from: joker_josue on July 12, 2023, 07:51:38 AM

In a recent twitter, Robert Kiyosaki claims that the USD is about to be ruined, and that in 2024 bitcoin will be worth $120k.

--

What do you think of this type of predictions? Do you feel the market moving in that direction?

It is curious to note that Standard Chartered Bank, w which recently claimed that Bitcoin will surpass $100,000 by the end of 2024.

I also want Bitcoin price will go $120k. But i think it is not possible. I think within one year bitcoin price will never hit $120k. But cryptocurrency market is always unpredictable.

If you are new then you would be saying that its impossible but if you've been here on the past halving season and bullrun cycles then you would definitely be able to say that it could reach out that level or price point.

The possibilities is there specially when the bull run cycle would kick in.There's no way that we could be able to point out on where it would be stopping and talking about $120k then it isnt something a price that would be too far off. Lets make some check on its recent ATH which is on 69k and if we do speak about reaching out those numbers then it would really be just x2 of its price on which we can say that it isnt really that just too far
off i would say on doubling it price on upcoming cycle.Even those people who are that optimistic is expecting something more but of course we should really be sticking on something that would be in realistic numbers.

It is really just that there are people who are really that too non patient when it comes to price points on which on the time that they would be saying up those words then they would really be liking for it
to happen actually.

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Quote from: Alpha Marine on August 02, 2023, 06:36:47 PM

First, I think people are exaggerating the fall of the US dollar. This is not the first time that the dollar will be in a tight situation, but it's still the top currency out there.
Even if the dollar will truly die, it will not happen overnight. It won't even happen in one year. With how bad the dollar is doing right now, it's still better to hold the dollar than a lot of other currencies.

I think the same way, most of the people its talking about USD dollar falling like a currency of a third world country, and that its not gonna happen, well not right now or in the upcoming years.

About Kiyosaki, he is a smart person and also a businesman, so he know the next and actual generations of youngs are full on crypto, so he needs to catch that train and going up with that one, so he can still selling whatever he wants to sell.

And he made a positive but cautelouse prediction about BTC.

Alpha Marine

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First, I think people are exaggerating the fall of the US dollar. This is not the first time that the dollar will be in a tight situation, but it's still the top currency out there.
Even if the dollar will truly die, it will not happen overnight. It won't even happen in one year. With how bad the dollar is doing right now, it's still better to hold the dollar than a lot of other currencies.

Bitcoin at 120k next year is kind of unreasonable, but it's ain't the most unreasonable.
I said so because I don't think it's impossible for Bitcoin to get to 120k next year, I said so because I don't think it will happen. First Bitcoin needs to beat its previous ATH before we talk about Bitcoin at 100k.

Topic: Bitcoin to $120k next year - by Robert Kiyosaki (Read 823 times)