Bitcoin to Hit $150,000 in 2022 - page 2.

Jating

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Quote from: STT on December 30, 2021, 05:15:00 PM

150k isnt required, it may happen but I wont take any negative if we didnt achieve such a high target. I think Bitcoin is just fine if it stays at 50k for the next 12 months and we have to wait till 2023 or 2024 till anything especially interesting happens. Its sometimes more important to develop sideways and expand the base and range that BTC is interconnected with rather then this price target to rising. Put it this way, too rapid a price rise will tend to restrict new entrants and discourage buyers who might be willing to take part in BTC economy with a more steady path.
The ironic point could be that many view a higher price as the positive when the opposite can also be true in terms of the overall health and revenue of business done in BTC.

I think it's more a a "want" for investors to see at least the price hitting 6 digits next year.

And with all the predictions this year to hit $100k, everyone almost believed it will happen and for sure majority has been disappointment to see the price this December. Nevertheless, we still have hope next year that we will find a bull run to push the price again.

I agree that a rapid spike is not a healthy sign, but once this bull run takes off, we can't really tell it to stop. It will continue to grow until we hit a snag or the bubble being burst.

STT

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150k isnt required, it may happen but I wont take any negative if we didnt achieve such a high target. I think Bitcoin is just fine if it stays at 50k for the next 12 months and we have to wait till 2023 or 2024 till anything especially interesting happens. Its sometimes more important to develop sideways and expand the base and range that BTC is interconnected with rather then this price target to rising. Put it this way, too rapid a price rise will tend to restrict new entrants and discourage buyers who might be willing to take part in BTC economy with a more steady path.
The ironic point could be that many view a higher price as the positive when the opposite can also be true in terms of the overall health and revenue of business done in BTC.

bots1

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The cryptocurrency market remains largely bearish to date, after a sharp sell-off in the last few weeks, which resulted in the bitcoin price plunging nearly 10%. Even though the bitcoin price is in a bearish phase at the moment, I still believe that the bitcoin market will be bullish again next year. Therefore, if next year there is a lot of positive sentiment for bitcoin, it is very likely that the bitcoin price will break the $100,000 level.

elisabetheva

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Quote from: XCANA on December 17, 2021, 10:18:54 PM

The prediction for Bitcoin at $100k before end of this was not achieved why because most of those who claims that they are good analyst were unable to back up real time evidence on why Bitcoin should hit $100k before this end. Same way you have started another unrealistic evidence on why Bitcoin should should hit $150k come 2022. I see all these as a just mere speculation because it will never come to pass.

maybe if the problem happens it can be confirmed that bitcoin will be able to do it, but if the time is set in 2022. it looks like we old heard the analysis of all of those who say that by the end of this year there will be $100K for bitcoin, but until now bitcoin to pass the last ATH has not been able to do.

in fact as you said also that the analysis never happened and now doing the latest and higher analysis, is this just for fun? because of the failure that happened !!!

Oasisman

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Quote from: bounceback on December 21, 2021, 11:03:30 AM

The fact is that currently the bitcoin price is still in a downward phase and we never know whether the decline that bitcoin is experiencing now is a sign of a bear market coming soon or this is just a temporary correction for bitcoin, looking at the graph of the current bitcoin price movement that has tried several times to back to $50k and above but bitcoin seems to be having a bit of a hard time holding that level, so I think if the current decline is a temporary correction then I'm sure within next year bitcoin can reach the $100k level, but for $150k it looks like it will take some time longer by bitcoin.

What's a temporary correction anyway? As far as I am aware of there's no permanent correct either. Correction or even pump may happen from time to time and it's not there to stay permanently as well as the price won't keep on increasing permanently.
A $150,000 for 2022 target might be too optimistic to say base on the current market condition right now.
We may going to experience a prolonged bear market again on 2022, or If it pumps maybe $100k would be the most closest one.

Falconer

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Quote from: mia_houston on December 21, 2021, 10:46:58 AM

What we hope for now is the dissipation of negative sentiment in the market,

Bitcoin still dominate the market cap at over 35% and it is a good thing to expect it to rise by more than its previous ATH to hit $100K. Market sentiment won't go away, but maybe the cycle will wind down a bit when people aren't interested in selling in a panic. The gains so far have been largely supported by weaker supply and rising demand, but when FUD can't be prevented then panic can always take over the market for some time.

Quote from: mia_houston on December 21, 2021, 10:46:58 AM

so that by entering the new year we will see a recovery that occurs in the market, with bitcoin price currently below $50K it will certainly need a strong push to reach the $100K price later and I think it could happen in the middle of the year or the end of 2022, given the current market conditions, of course it will be very difficult for bitcoin to experience a big increase in early 2022, so maybe we will need a little patience to see ATH $100K reached.

There is always hope, that's for sure. But don't get your hope up about bitcoin rising to $100K if you still can't control your emotions during the price correction. The price of bitcoin has corrected since November where some time ago it touched a low of $42K, now the price has bounce back a little to the level of $48K and may open a little chance to break the resistance above it. But stay alert if you are a trader because it may be a false sentiment.

Ngemmeng

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Quote from: bounceback on December 21, 2021, 11:03:30 AM

The fact is that currently the bitcoin price is still in a downward phase and we never know whether the decline that bitcoin is experiencing now is a sign of a bear market coming soon or this is just a temporary correction for bitcoin, looking at the graph of the current bitcoin price movement that has tried several times to back to $50k and above but bitcoin seems to be having a bit of a hard time holding that level, so I think if the current decline is a temporary correction then I'm sure within next year bitcoin can reach the $100k level, but for $150k it looks like it will take some time longer by bitcoin.

I think the recent drop in price is a sign that bitcoin is about to enter a bearish phase. the market needs balance and the price will not increase continuously, bitcoin has entered a bullish phase since the beginning of the year and it is only natural that towards the end of the year bitcoin will enter a bearish phase. but even so on social media or on this forum I still often find predictions that say this price decline is only temporary and at the beginning of the year bitcoin will recover.

bounceback

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The fact is that currently the bitcoin price is still in a downward phase and we never know whether the decline that bitcoin is experiencing now is a sign of a bear market coming soon or this is just a temporary correction for bitcoin, looking at the graph of the current bitcoin price movement that has tried several times to back to $50k and above but bitcoin seems to be having a bit of a hard time holding that level, so I think if the current decline is a temporary correction then I'm sure within next year bitcoin can reach the $100k level, but for $150k it looks like it will take some time longer by bitcoin.

tygeade

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Quote from: bengsabeng on December 20, 2021, 11:25:36 AM

in 2021 bitcoin entered a bullish phase since the beginning of the year and in 2021 there was a very extraordinary price increase. I think it is very reasonable that at the end of 2021 the price of bitcoin tends to fall and most likely in Q1 2022 bitcoin will enter a bearish phase. if this really happens it is very likely that the price of bitcoin will reach a lower point than its low in mid-2021 of $29k.

I do not estimate the price to be that low, not that it is impossible, as we all know it is definitely possible for the price to drop that much but I am guessing that the price already had the bear run and we have dropped as much as we can and this is it. I am guessing that the most possible outcome would be more like a 40k level and then it will start to grow bigger.

We already had all those long futures crashed and right now shorts are looking very much profitable if you could break them, in order to break them you need to increase the price and that's where we are right now. Which means that the drop in price is not impossible but increasing the price is a lot more profitable than it used to be, in this case there is a good chance that people may focus on that a lot more.

mia_houston

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Quote from: thecodebear on December 21, 2021, 06:34:52 AM

$100k in 2022 for sure. I think price could reach $150k in 2023. I don't see the price tripling next year, that's a huge ask for Bitcoin at around a trillion dollars. I could see $110k happening next year. Of course if there's a global economic crash it won't get that high, on the other hand if there is a major bullish event like US BTC ETFs finally getting approved or more countries adopting Bitcoin or lots of major corporations adding Bitcoin to their balance sheet then it could go higher next year.

What we hope for now is the dissipation of negative sentiment in the market, so that by entering the new year we will see a recovery that occurs in the market, with bitcoin price currently below $50K it will certainly need a strong push to reach the $100K price later and I think it could happen in the middle of the year or the end of 2022, given the current market conditions, of course it will be very difficult for bitcoin to experience a big increase in early 2022, so maybe we will need a little patience to see ATH $100K reached.

leea-1334

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Quote from: XCANA on December 17, 2021, 10:18:54 PM

The prediction for Bitcoin at $100k before end of this was not achieved why because most of those who claims that they are good analyst were unable to back up real time evidence on why Bitcoin should hit $100k before this end. Same way you have started another unrealistic evidence on why Bitcoin should should hit $150k come 2022. I see all these as a just mere speculation because it will never come to pass.

Yes,,, anyone who thinks that actually you can really back up any prediction with solid evidence has not seen the last 50 years of market analysis

Check out every day on Bloomberg all the top world experts talk to us about oil, gold, usd, even now crypto, and they still get it wrong every time there is a big crash.

And that is fine after all this is Speculation thread, why are we talking about "just mere speculation" when this is literally what we are supposed to do here?

thecodebear

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$100k in 2022 for sure. I think price could reach $150k in 2023. I don't see the price tripling next year, that's a huge ask for Bitcoin at around a trillion dollars. I could see $110k happening next year. Of course if there's a global economic crash it won't get that high, on the other hand if there is a major bullish event like US BTC ETFs finally getting approved or more countries adopting Bitcoin or lots of major corporations adding Bitcoin to their balance sheet then it could go higher next year.

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pinggoki

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Quote from: XCANA on December 17, 2021, 10:18:54 PM

The prediction for Bitcoin at $100k before end of this was not achieved why because most of those who claims that they are good analyst were unable to back up real time evidence on why Bitcoin should hit $100k before this end. Same way you have started another unrealistic evidence on why Bitcoin should should hit $150k come 2022. I see all these as a just mere speculation because it will never come to pass.

They were being optimistic and they didn't consider the factors of what's currently happening around the world since they can't see into the future so it's a wrong guess but as a smart person that knows how crypto market works, you should've known it already that prediction are just prediction.

bengsabeng

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Quote from: kendedese on December 17, 2021, 07:41:37 PM

Quote from: DeathAngel on December 17, 2021, 02:24:15 PM

$150,000 per coin, well I sure hope so but it’s not looking good is it. We’ve been in a downtrend for a while now, there’s big resistance around $50,000. It’s looking like we’re slowly going into a bear market but this doesn’t affect HODLERS. Bitcoin is a long term investment & not a quick profit, pump & dump asset. Patience is key!

yes I think so too, bitcoin is starting to enter a bearish phase. if conditions like this do not change it is likely that at the end of the year bitcoin will reach its lowest point this year again, which is in the range of $29k. if that condition really happens I hope a very fast price recovery like what happened in the middle of the year happens again so that the bitcoin price will return to around ATH very quickly.

in 2021 bitcoin entered a bullish phase since the beginning of the year and in 2021 there was a very extraordinary price increase. I think it is very reasonable that at the end of 2021 the price of bitcoin tends to fall and most likely in Q1 2022 bitcoin will enter a bearish phase. if this really happens it is very likely that the price of bitcoin will reach a lower point than its low in mid-2021 of $29k.

crypto_matador

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Quote from: Wawa2013 on December 17, 2021, 05:11:23 PM

my prediction is that entering the beginning of
2022 Bitcoin will slowly recover

It looks like the truth

Rasa nanas

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Quote from: XCANA on December 17, 2021, 10:18:54 PM

The prediction for Bitcoin at $100k before end of this was not achieved why because most of those who claims that they are good analyst were unable to back up real time evidence on why Bitcoin should hit $100k before this end. Same way you have started another unrealistic evidence on why Bitcoin should should hit $150k come 2022. I see all these as a just mere speculation because it will never come to pass.

no one claims to be a good analyst, they're just saying what they believe about the bitcoin price for some time to come. You say that because the bitcoin price failed to hit $100k, if the current bitcoin price really hit $100k maybe you wouldn't say that and you would admit they are all good analysts. all have the right to say their beliefs about the future price of bitcoin, even many experts who make bitcoin price predictions more unreasonable than them.

Rufsilf

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Quote from: XCANA on December 17, 2021, 10:18:54 PM

The prediction for Bitcoin at $100k before end of this was not achieved why because most of those who claims that they are good analyst were unable to back up real time evidence on why Bitcoin should hit $100k before this end. Same way you have started another unrealistic evidence on why Bitcoin should should hit $150k come 2022. I see all these as a just mere speculation because it will never come to pass.

Ofcourse, all of this are speculations just like what you've thinking how much gains would you achieve on the particular coin and timeline after you invest, so there's no real facts as what will be the market's status and value in 5 years from now or a decade from now.
But for me, $100k is somehow possible and decent value to speculate it's not too much to expect for 2022. Just like this year who would have thought that the bitcoin's value will exceed for over $65k.

XCANA

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The prediction for Bitcoin at $100k before end of this was not achieved why because most of those who claims that they are good analyst were unable to back up real time evidence on why Bitcoin should hit $100k before this end. Same way you have started another unrealistic evidence on why Bitcoin should should hit $150k come 2022. I see all these as a just mere speculation because it will never come to pass.

kendedese

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Quote from: DeathAngel on December 17, 2021, 02:24:15 PM

$150,000 per coin, well I sure hope so but it’s not looking good is it. We’ve been in a downtrend for a while now, there’s big resistance around $50,000. It’s looking like we’re slowly going into a bear market but this doesn’t affect HODLERS. Bitcoin is a long term investment & not a quick profit, pump & dump asset. Patience is key!

yes I think so too, bitcoin is starting to enter a bearish phase. if conditions like this do not change it is likely that at the end of the year bitcoin will reach its lowest point this year again, which is in the range of $29k. if that condition really happens I hope a very fast price recovery like what happened in the middle of the year happens again so that the bitcoin price will return to around ATH very quickly.

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