Bitcoin to Hit $150,000 in 2022 - page 7.

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Quote from: Oilacris on December 11, 2021, 04:33:46 PM

Quote from: Wiwo on December 10, 2021, 09:07:27 AM

As the rate of inflation rise all over the world, Bitcoin is seen as the hedge over inflation which is why so many analyses predicted $70,000 Bitcoin price in 2021 which was achieved as Bitcoin made an all-time price of above $70000 and the deflationary forces that faced the top commodities and exchange globally forced Bitcoin price to drop back to its present price. This has led me to say that 2022 Bitcoin is going to cross the $100,000 bitcoin price predictions.

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We should talk about on how to break those 70k-80-90-100k first before talking about beyond prices because its never been that possible for a short span of time considering on how we move into those past years then this is something that cant really be done easily.

This would be always a hell of a bumpy ride and eaching 150k in 1 year time is a bit optimistic and its just right if we do mind off first
on how to break those tough resistances.

All we do need is bigger recognition and level of adoption which you cant really able to hurry up.

I would say that recognition and adoption are growing in recent months or at least this 2021.

Government like El Salvador is leading the while and then we have Microstrategy and then Tesla hedging their assets and having bitcoin is their balance sheet.

But yes, it will take more than that to really push the price to 6 digits this year. However, we have too much expectations that we will hit $100k but it's not gonna happen so we have to look next year 2022 and maybe it will have enough push to trust into that $100k and even more.

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Quote from: Oilacris on December 11, 2021, 04:33:46 PM

Quote from: Wiwo on December 10, 2021, 09:07:27 AM

As the rate of inflation rise all over the world, Bitcoin is seen as the hedge over inflation which is why so many analyses predicted $70,000 Bitcoin price in 2021 which was achieved as Bitcoin made an all-time price of above $70000 and the deflationary forces that faced the top commodities and exchange globally forced Bitcoin price to drop back to its present price. This has led me to say that 2022 Bitcoin is going to cross the $100,000 bitcoin price predictions.

+
We should talk about on how to break those 70k-80-90-100k first before talking about beyond prices because its never been that possible for a short span of time considering on how we move into those past years then this is something that cant really be done easily.

This would be always a hell of a bumpy ride and eaching 150k in 1 year time is a bit optimistic and its just right if we do mind off first
on how to break those tough resistances.

All we do need is bigger recognition and level of adoption which you cant really able to hurry up.

Well, if we talk of adoption level, i think bitcoin massive adoption is already starting as we can see big institutions are now into bitcoin. But considering the market is so volatile, bitcoin may hit $150k but it will still be uncertain when will it happen. But i know in the long run it will.

However, reaching another peak for bitcoin this year might be very tough since bitcoin price even continues to decline. So more likely, its new ATH will most likely to be possible by early next year.

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Quote from: Wiwo on December 10, 2021, 09:07:27 AM

As the rate of inflation rise all over the world, Bitcoin is seen as the hedge over inflation which is why so many analyses predicted $70,000 Bitcoin price in 2021 which was achieved as Bitcoin made an all-time price of above $70000 and the deflationary forces that faced the top commodities and exchange globally forced Bitcoin price to drop back to its present price. This has led me to say that 2022 Bitcoin is going to cross the $100,000 bitcoin price predictions.

+
We should talk about on how to break those 70k-80-90-100k first before talking about beyond prices because its never been that possible for a short span of time considering on how we move into those past years then this is something that cant really be done easily.

This would be always a hell of a bumpy ride and eaching 150k in 1 year time is a bit optimistic and its just right if we do mind off first
on how to break those tough resistances.

All we do need is bigger recognition and level of adoption which you cant really able to hurry up.

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Quote from: Wiwo on December 10, 2021, 09:07:27 AM

As the rate of inflation rise all over the world, Bitcoin is seen as the hedge over inflation which is why so many analyses predicted $70,000 Bitcoin price in 2021 which was achieved as Bitcoin made an all-time price of above $70000 and the deflationary forces that faced the top commodities and exchange globally forced Bitcoin price to drop back to its present price. This has led me to say that 2022 Bitcoin is going to cross the $100,000 bitcoin price predictions.

Nobody really knows, we are making assumptions but we really do not know what is going to happen. Hopefully we will end up with something decent, that is all we want but 150k is not really a "must" in this case. As long as we do fine, that is going to be just the thing we are looking for. I am not saying that it is great as it is right now, but it doesn't require to be 150k in order to make me happy neither. Anything above the ATH price and staying above is good enough for me.

I know that it is hard to do that, most of the time when it breaks the ATH price then it falls under it, that is how it has been for a while, but we passed 20k ATH which was the ATH for 2+ years or maybe 3? And we still managed to break over that and never come down to that ever again since we broke over it. So as long as it breaks over 68k and then never goes under 68k then I am quite happy for 2022, 150k or not.

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$100,000 is nearly possible but I don't think about $150,000 as that seems unrealistic.

I'm also positive for the future of Bitcoin but not that very optimistic to see Bitcoin reaching that price. Honestly, I'd never think about " everything is possible" here in crypto. I don't think that was the case to believe that it comes. No, we'd rather consider the market demand and supply as that would affect the price.

Many speculations arise at this time but we don't know who's right. But what I guess is that most of them are wrong.

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Quote from: Wiwo on December 10, 2021, 09:07:27 AM

As the rate of inflation rise all over the world, Bitcoin is seen as the hedge over inflation which is why so many analyses predicted $70,000 Bitcoin price in 2021 which was achieved as Bitcoin made an all-time price of above $70000 and the deflationary forces that faced the top commodities and exchange globally forced Bitcoin price to drop back to its present price. This has led me to say that 2022 Bitcoin is going to cross the $100,000 bitcoin price predictions.

70k will still gonna play out? Hmmm, I think there's possibility but I think that would only happen if we stay in this 47k and 50k/52k support, just my opinion. 70k didn't happen yet tbh. Well, since it's nearing the EOY of course it's presumptuous to move it on 2022.

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Quote from: Wiwo on December 10, 2021, 09:07:27 AM

As the rate of inflation rise all over the world, Bitcoin is seen as the hedge over inflation which is why so many analyses predicted $70,000 Bitcoin price in 2021 which was achieved as Bitcoin made an all-time price of above $70000

Where is your reference for this claim? when did bitcoin reached 70,000? it looks like your exchange reference is far ahead to what is happening in the market?

bitcoin did not even touched 69k so what is your basis for this?

your analyst seemingly exaggerated Grin

Quote

and the deflationary forces that faced the top commodities and exchange globally forced Bitcoin price to drop back to its present price. This has led me to say that 2022 Bitcoin is going to cross the $100,000 bitcoin price predictions.

No i will not believe your prediction because yours are very exaggerated and not to be trusted lol.

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Quote from: Lucius on December 11, 2021, 07:03:00 AM

This is his speculation and nothing more, and besides, he did not substantiate it with anything concrete, so there is no question that anyone should take such things seriously at all. And as for $100k by the end of this year, you just need to look a little and you'll find a lot of people who believed in it.

Here are just some of the examples :

https://cryptopotato.com/bitcoin-price-to-hit-100000-by-end-of-2021-chainalysis-ceo/
https://finance.yahoo.com/news/standard-chartered-predicts-bitcoin-hit-102045961.html
https://www.nasdaq.com/articles/bitcoin-price-prediction-2021%3A-why-btc-could-hit-%24100k-by-year-end-2021-06-04

Of course, these are all speculations and it is completely unserious to rely on such things when it comes to investing, especially in the short term. Some may be disappointed with this development, but Bitcoin, as always, exploded after the halving - and anyone who invested at the time could make a very nice profit, and it still can.

That's what I was thinking. After this year in which we saw a multitude of predictions, including some from former Bitcoin haters reconverted, saying that the minimum was going to be $100K, and with some that went much further, such as the supercycle theory, I'm going to find it quite difficult to believe any prediction, but especially predictions like the OP's, poorly justified.

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Quote from: Wiwo on December 11, 2021, 01:40:15 AM

Well take the event that played out in the Bitcoin price between April to November this year, who could have thought Bitcoin will rise to its time high twice within a year, I know how volatile and unpredictable Bitcoin price could be but the fact remains that the coming year is going to make a big difference.

I know about it, but we all don't know what's really going to happen next year. But without ignoring the fact that I haven't seen ATH for bitcoin price in an even year since 2018. So I'm sure this scenario will stay the same for 2022, but I also can't say that in 2022 the price will dump below $30K. We've seen dump of more than 50% before after ATH, so wouldn't be surprised to see it drop next year.

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Quote from: Obito on December 10, 2021, 12:39:40 PM

Positive yes, but misinformed or a little exaggerating, bitcoin didn't reach 70k so I don't trust what OP has to say. I think that to each of their own, we can say what we believe the state of the market is, for me I think it's bear market already since most crypto has gone down and hasn't been doing good. Who announced that bitcoin will reach 100k this December? I don't think anyone is certain that it's going to go to that price point.

This is his speculation and nothing more, and besides, he did not substantiate it with anything concrete, so there is no question that anyone should take such things seriously at all. And as for $100k by the end of this year, you just need to look a little and you'll find a lot of people who believed in it.

Here are just some of the examples :

https://cryptopotato.com/bitcoin-price-to-hit-100000-by-end-of-2021-chainalysis-ceo/
https://finance.yahoo.com/news/standard-chartered-predicts-bitcoin-hit-102045961.html
https://www.nasdaq.com/articles/bitcoin-price-prediction-2021%3A-why-btc-could-hit-%24100k-by-year-end-2021-06-04

Of course, these are all speculations and it is completely unserious to rely on such things when it comes to investing, especially in the short term. Some may be disappointed with this development, but Bitcoin, as always, exploded after the halving - and anyone who invested at the time could make a very nice profit, and it still can.

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Quote from: BITCOIN4X on December 11, 2021, 01:04:03 AM

OP, did you know that kind of analysis is actually quite wild?

Estimating the price of 3x the previous ATH price, I think it would be very unreasonable if the support of institutional investors and retail traders did not want that. What keeps the price going is the high demand that is always possible when institutional investors announce their big investments in bitcoin. The massive hype that occurred throughout 2020 and 2021 was due to increased demand where inflation did not really affect it. It's clear that some of the investors use bitcoin as a hedge, but some of them just expect a fair profit.

There's always a possibility between pumping and dumping, so we should be somewhere between the two the whole time.

Well take the event that played out in the Bitcoin price between April to November this year, who could have thought Bitcoin will rise to its time high twice within a year, I know how volatile and unpredictable Bitcoin price could be but the fact remains that the coming year is going to make a big difference.

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OP, did you know that kind of analysis is actually quite wild?

Estimating the price of 3x the previous ATH price, I think it would be very unreasonable if the support of institutional investors and retail traders did not want that. What keeps the price going is the high demand that is always possible when institutional investors announce their big investments in bitcoin. The massive hype that occurred throughout 2020 and 2021 was due to increased demand where inflation did not really affect it. It's clear that some of the investors use bitcoin as a hedge, but some of them just expect a fair profit.

There's always a possibility between pumping and dumping, so we should be somewhere between the two the whole time.

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It’s hard to say what the inflation figures will be in mid 2022. On one hand you got supply issues which is one reason why these inflation numbers are up. Delays in shipping and port congestion obviously will make prices up for certain products. Then you got the issues with cars and the chip shortage. Which I think is already resolved because auto manufacturers got most of the chips they need and production will resume to normal capacity in Q1.

So obviously the inflation number will go down in 2022, and if you add the fact that the fed will do it’s first fed rate increase in Q2, means that inflation should go down. Assets will be risk off and Bitcoin might fall in price.

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Quote from: arufox on December 10, 2021, 02:46:34 PM

The year 2022 is approaching, but until now the price of bitcoin is still experiencing a major correction and has not shown any bullish signs. Therefore I am still not sure if the bitcoin price will reach $150,000 in 2022.

Just wait and see. It is not easy to hit $150,000 in 2022 because $100,000 needs to be reached first, which I do not think will be easy. Maybe this correction will stay until the end of this year but we also have a chance to see the price will be up and down and give us a chance to buy and sell bitcoin. Maybe reaching $100,000 will be okay in 2022, so in Q2, the price can increase to $150,000. But we still have more than 15 days to see what will happen to bitcoin at the end of this year so the price can have the possibility to back to $50,000-$60,000 at the end of the year.

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Quote from: Wiwo on December 10, 2021, 09:07:27 AM

As the rate of inflation rise all over the world, Bitcoin is seen as the hedge over inflation which is why so many analyses predicted $70,000 Bitcoin price in 2021 which was achieved as Bitcoin made an all-time price of above $70000 and the deflationary forces that faced the top commodities and exchange globally forced Bitcoin price to drop back to its present price. This has led me to say that 2022 Bitcoin is going to cross the $100,000 bitcoin price predictions.

Definitely, there is a good chance bitcoin price will reach $150,000 in the year 2022 because the cryptocurrency ecosystem is growing almost every day and that mean more people would be buying bitcoin in the future that is what will boost the bitcoin price to reach $150,000 or even higher,

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Bitcoin will indeed cross $100k or even $150k but cannot confirm whether it would be in 2202 or 2023 or some other year. I was positive about bitcoin reaching the mark of $100k in December but looking at the corrections it's unlikely that Bitcoin will be able to reach thaie figures and at the same time it will not even dump drastically as speculated by fudsters. If bitcoin manages to stay above $45k or $50k by the end of December then we may expect further recovery from new year as usually last week of December is not a good week for Bitcoin.

Such value is attainable but yes, no one knows when exactly this will happen. Being high volatile market, the price movement may surprise us in no time. But $150k is still far from what we have today. Year 2022 or beyond, we will see what is the btc market's condition by next year. And from that point, we can gauge when is the possible timeframe for this price to happen.

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Quote from: NeuroticFish on December 10, 2021, 12:03:51 PM

Quote from: Wiwo on December 10, 2021, 09:07:27 AM

This has led me to say that 2022 Bitcoin is going to cross the $100,000 bitcoin price predictions.

I'd say that your guess is as good as any... and as worthless as any. Sorry, but we've seen way too many such guesses lately...
Just one small word of advice: make sure you don't get your hopes too high, too early. Better get some nice surprises now and then than getting disappointed by Bitcoin too early.

Look, even one of the top forecasters ^PlanB has not been able to forsee this
current trend of not being able to achieve a new ATH in December the year after a halving
when according to historical evidence it should. So yea its a guessing game as to when
but only the few fudsters and bears would disagree that Bitcoin will hit $100/$150k

We all know its going to happen but personally I have not been able to buy these recent dips
because of too many expenses so I dont mind if the current market prices linger a bit longer
so I can buy some.

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Quote from: arufox on December 10, 2021, 02:46:34 PM

The year 2022 is approaching, but until now the price of bitcoin is still experiencing a major correction and has not shown any bullish signs. Therefore I am still not sure if the bitcoin price will reach $150,000 in 2022.

This is a good preparation going up to a new peak since we cannot rise forever, corrections are necessary. Though I don’t think $150k will be the peak, maybe in 2022 $100k are more possible to reach. Bitcoin is a good coin that has the potential to reach that price, just stay calm and have Bitcoin.

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Quote from: arufox on December 10, 2021, 02:46:34 PM

The year 2022 is approaching, but until now the price of bitcoin is still experiencing a major correction and has not shown any bullish signs. Therefore I am still not sure if the bitcoin price will reach $150,000 in 2022.

You don't need the doubt. Last year was far below what the price is today or the ATH but here we are with it. In fact last year was around $3,500 at its lowest and started picking around 4k until covid-19 came and the price jumped. Now what to know are the factors likely to cause price increase, surely halving is part of it coming closer.

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Quote from: Wiwo on December 10, 2021, 09:07:27 AM

As the rate of inflation rise all over the world, Bitcoin is seen as the hedge over inflation which is why so many analyses predicted $70,000 Bitcoin price in 2021 which was achieved as Bitcoin made an all-time price of above $70000 and the deflationary forces that faced the top commodities and exchange globally forced Bitcoin price to drop back to its present price. This has led me to say that 2022 Bitcoin is going to cross the $100,000 bitcoin price predictions.

If this is happening in early 2022, that would be the best and fruitful year for everybody who been holding such quantities of Bitcoin. Also to consider the potential profit, I hope other promising assets like eth and bnb would come at this point which also reach another all time high.
Not just Bitcoin, but also the entire cryptocurrency community will rejoice during during this time.

Topic: Bitcoin to Hit $150,000 in 2022 - page 7. (Read 941 times)