BTC Price Prediction: $350k before the end of 2022 - page 2.

Mpamaegbu

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This is unlikely to happen. The market moves in 4 phases, each phase lasts about a year. The growth phase, then the dump phase, then the recovery phase and the accumulation phase:

2021 is a growth phase, just like 2017 was a growth phase at one time.

You're very apt to the point. I will like to quickly add that the "growth phase" is clearly defined by a post halving year. This we saw in 2017 (that was when I joined this industry) and then now in 2021. In 2016, Bitcoin experienced halving. In 2020, it also experienced another halving. This halving exercise is done every four years. So, there's another halving coming up in 2024. A year after every halving event has proved to be a bullish year for Bitcoin and that was what we experienced in 2017 and now in 2021. The 2022 OP mentioned is more likely to be a bear year than a bull year for Bitcoin and the entire crypto industry. The projected price for Bitcoin won't be feasible then. I don't see how it will be if Bitcoin doesn't attain that price in 2021 which I also see as an uphill task. If Bitcoin can get to $100,000 in 2021, that's a millstone.

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Quote from: BobK71 on September 11, 2021, 06:57:55 AM

I don't think it's a real prediction. Although in the case of Bitcoin many impossible ideas have succeeded today. However, in the current situation, the price of Bitcoin coins can be as high as $100,000-150,000 at the end of this year.

I have not seen a perfect prediction because no traders can predict the right predictions prediction can be right but in so many instances it is wrong, people can freely present a chart to present their prediction but that's there's no guaranty that they can hit perfectly they can only get close on their predictions, so don't rely on people that boast that they can correctly predict the price because they really cannot.

Exactly, this is just another wild educated guess, but hopefully who knows, they might hit this price along the way. Bitcoin's fundamental is going stronger, El Salvador is a good example, this is the biggest news for me this year as the first country to adopt and legalised bitcoin. And maybe this will have a significant effect on the price long term. That in the next four months, the year will end at around six digits.

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Quote from: BobK71 on September 11, 2021, 06:57:55 AM

I don't think it's a real prediction. Although in the case of Bitcoin many impossible ideas have succeeded today. However, in the current situation, the price of Bitcoin coins can be as high as $100,000-150,000 at the end of this year.

There's no such thing as real prediction, of course it's not real it's a prediction, what did you expect that it's a foresight? Also OP, isn't talking about the end of the year 2021 but the year end in 2022 which is going to be much longer.

BobK71

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I don't think it's a real prediction. Although in the case of Bitcoin many impossible ideas have succeeded today. However, in the current situation, the price of Bitcoin coins can be as high as $100,000-150,000 at the end of this year.

SquallLeonhart

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Quote from: rahmatrf331 on July 03, 2021, 09:19:20 AM

from some of the news that I read this week whether this is valid or not, but still I try to analyze the news based on some of the information I get, where many entrepreneurs have started investing in bitcoin in very large amounts. so i'm assuming that by the end of 2022 bitcoin could reach around $350k or equivalent.

It is speculation, that is the name of the sub we are in, speculation. Of course we all think that it is a bit ambitious, I mean think about it, we are talking about literally going 6x higher in a year and a half, and I get that, it is really not that easy to imagine something like that because it is really not that easy to go up 6x when you are already super high. Don't get me wrong, eth could do 6x easily, and everything else can do that, because they are not THAT big, maybe not even eth I am sorry that might be too much, but out of top 10 is very easily done for sure.

But, the marketcap for bitcoin is nearly 1 trillion dollars, 6x that means 6 trillion dollars and that is getting into higher than some of the big nations stock markets level, and I do not mean company, I mean the whole fucking stock market. So, I do not think that it is that simple to actually do something like this, very quickly yet I do believe that it is not impossible neither.

geegaw

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Quote from: Ibrahim60 on August 20, 2021, 11:11:25 AM

Bitcoin is the most potential and popular crypto currency in the world. In Crypto anything can happen anytime. This is not impossible to hit Bitcoin price $350k before the end of 2022. But i think that it will hit $100k before the end of 2022. Because we see that in 2017 Bitcoin price hit 20k and then price get down under $6k. By this prediction i think Bitcoin price will hit $100k.

Your reason is quite funny and makes me have a lot of points that I don't understand when your story is not relevant and connected, the drop in value of bitcoin from 20k$ to 6k$ in 2017 cannot lead to 100k story in the future, maybe this problem is related to abstraction and hope you can answer this question. Regarding the price of the main topic, the most basic ambition is still the approval around a round figure like $100k by the end of 2022, approaching at three times this value is still an eloquent but baseless statement

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Quote from: poldanmig on August 20, 2021, 01:56:54 PM

Quote from: hotpassion on June 28, 2021, 09:56:04 AM

Hey all,
We are still in the early stage of this uptrend cycle. This cycle will go on till end of 2022 and the peak will be about 350k per BTC. When it hits its next market cycle peak, bitcoin will have a market cap of $6.5 trillion. Total market cap will top out around $10–12 trillion combined BTC and altcoins, roughly on par with gold’s market cap today and the inflation-adjusted value of the dot-com boom.
It took 24 months for bitcoin to go from its low of November 2011 to its high of November 2013. It took 35 months for bitcoin to go from its low of January 2015 to its high of December 17.
Extend that pattern and we can predict it will take 46 months for bitcoin to go from its low of January 2019 to its high in October 2022.
The image was done on 2020 so the "Today" time is not now in 2021, but I find this analysis is rather OK.

You can read the full analysis in this post: Is Bitcoin Nearing Another All-Time High? Why, When and How Much

I don't think anyone can analyze bitcoin price movements precisely, because there are many factors that can affect bitcoin prices on the market, there's nothing wrong with predicting bitcoin prices, but 2022 isn't that still too far away for us to predict?

Quote from: rhodelmabanal on August 18, 2021, 11:46:16 AM

It is always possible for bitcoin to reach that price depending on some good news and some promotion that may come and the price of bitcoin today is bullish and the next season is still unknown, the best time to predict is maybe at the begining of year 2022.

Actually I don't care how big the price of bitcoin is in 2022, because it is still out of our reach and of course we don't need to expect too much from the prediction and if the prediction is wrong of course we will be very disappointed, the best thing we do now is believe in ourselves to buy bitcoin when the price is cheap, why do we keep looking at price predictions, but when the bitcoin price goes up and we don't have a bit of bitcoin in our wallet? Grin

Lol, I believe bitcoin is at a pivotal point for a macro growth, if this August we consider it above $50k and at the end of 2021 should be >100k, this is the condition needed and enough to think of 2022 at $350k. Going step-by-step is a process of standardizing opportunity and possibility before it kicks off next year. Gather and keep

poldanmig

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Quote from: hotpassion on June 28, 2021, 09:56:04 AM

Hey all,
We are still in the early stage of this uptrend cycle. This cycle will go on till end of 2022 and the peak will be about 350k per BTC. When it hits its next market cycle peak, bitcoin will have a market cap of $6.5 trillion. Total market cap will top out around $10–12 trillion combined BTC and altcoins, roughly on par with gold’s market cap today and the inflation-adjusted value of the dot-com boom.
It took 24 months for bitcoin to go from its low of November 2011 to its high of November 2013. It took 35 months for bitcoin to go from its low of January 2015 to its high of December 17.
Extend that pattern and we can predict it will take 46 months for bitcoin to go from its low of January 2019 to its high in October 2022.
The image was done on 2020 so the "Today" time is not now in 2021, but I find this analysis is rather OK.

You can read the full analysis in this post: Is Bitcoin Nearing Another All-Time High? Why, When and How Much

I don't think anyone can analyze bitcoin price movements precisely, because there are many factors that can affect bitcoin prices on the market, there's nothing wrong with predicting bitcoin prices, but 2022 isn't that still too far away for us to predict?

Quote from: rhodelmabanal on August 18, 2021, 11:46:16 AM

It is always possible for bitcoin to reach that price depending on some good news and some promotion that may come and the price of bitcoin today is bullish and the next season is still unknown, the best time to predict is maybe at the begining of year 2022.

Actually I don't care how big the price of bitcoin is in 2022, because it is still out of our reach and of course we don't need to expect too much from the prediction and if the prediction is wrong of course we will be very disappointed, the best thing we do now is believe in ourselves to buy bitcoin when the price is cheap, why do we keep looking at price predictions, but when the bitcoin price goes up and we don't have a bit of bitcoin in our wallet? Grin

Sanugarid

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Why's the graph at the feels like the lines are all straight up at the end, it felt like there's fixed and unmoved market movement there for that to happen. I am still seeing the pattern and I feel like it's going to be that way of probably much better once we finally arrive there, hopefully I have a lot of bitcoin by that time because I have spent a lot of money right now and I am tapping my portfolio but I can still bring back some since there's a big breathing room already.

asrinur

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Judging from the predictions that look bombastic, it's no wonder that investing in bitcoin is quite recommended. But this does not mean without risk, because everything will depend on various factors that will occur throughout 2022. Of course, Bitcoin price fluctuations from time to time will be adjusted to various factors. Besides Bitcoin, you can actually consider other types of cryptocurrencies whose prices are predicted to soar in 2022.

Ibrahim60

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Bitcoin is the most potential and popular crypto currency in the world. In Crypto anything can happen anytime. This is not impossible to hit Bitcoin price $350k before the end of 2022. But i think that it will hit $100k before the end of 2022. Because we see that in 2017 Bitcoin price hit 20k and then price get down under $6k. By this prediction i think Bitcoin price will hit $100k.

Rasa nanas

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I'm pretty sure that the recent uptrend in bitcoin prices will most likely be the start of a bull market that's bigger than ever.but even if that happens I'm not too sure that bitcoin price will reach $350k before the end of 2022. if the bitcoin price is able to break through yesterday's highs of course it will push the bitcoin price to reach a much higher ATH. maybe it will go up to $150k and after that there will be a tremendous price drop like 2018-2020.

rhodelmabanal

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Quote from: hotpassion on June 28, 2021, 09:56:04 AM

Hey all,
We are still in the early stage of this uptrend cycle. This cycle will go on till end of 2022 and the peak will be about 350k per BTC. When it hits its next market cycle peak, bitcoin will have a market cap of $6.5 trillion. Total market cap will top out around $10–12 trillion combined BTC and altcoins, roughly on par with gold’s market cap today and the inflation-adjusted value of the dot-com boom.
It took 24 months for bitcoin to go from its low of November 2011 to its high of November 2013. It took 35 months for bitcoin to go from its low of January 2015 to its high of December 17.
Extend that pattern and we can predict it will take 46 months for bitcoin to go from its low of January 2019 to its high in October 2022.
The image was done on 2020 so the "Today" time is not now in 2021, but I find this analysis is rather OK.

You can read the full analysis in this post: Is Bitcoin Nearing Another All-Time High? Why, When and How Much

It is always possible for bitcoin to reach that price depending on some good news and some promotion that may come and the price of bitcoin today is bullish and the next season is still unknown, the best time to predict is maybe at the begining of year 2022.

slaman29

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Quote from: BobK71 on August 17, 2021, 10:13:41 PM

Everything is possible in cryptocurrency. However, it is dependent on the time. In the current position of BTC, I have doubt that it will be priced at 350K this year. Various analysts have predicted this. Ali Mizani is a researcher, inventor, and futurist managing one of the most lucrative cryptocurrency asset portfolios worldwide. He is the Founder/CIO of FiCAS AG. a Swiss regulated professional company for crypto asset investment advisory. He thinks the BTC price can and will reach $200k to $300k by the end of December 2021 to March 2022.

350k? I doubt even half of that. 100k alone, which a lot of people and big bets are put on, is a tough nut to crack but I'm confident enough we should have a very decent try at it (as soon as 63k is broken).

Mizani Ali is just one random guy among 100s. Anyone can put a prediction but at least model makers like s2f can show how they conclude their predictions with a lot of sound theory.

Dhaniii

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Imagining a Bitcoin price of $350,000 before the end of 2022 does seem impressive. With the brilliant movement of Bitcoin prices in the last year, of course, the prediction of Bitcoin prices in 2022 is very worthy of consideration. Many people have given predictions so that they can be an illustration for those of you who want to invest in BTC.

But it must be remembered, what you are reviewing is only a Bitcoin price prediction that can come true but is very likely to fail. If the price of Bitcoin soars it is very profitable, but what if it drops? Of course, you have to be able to prepare yourself for the losses.

But if this is combined with other factors such as liquidity, volatility, and a number of Bitcoin mining halvings in previous years, then a significant increase in Bitcoin price next year is likely to materialize

Institutional investors are starting to invest in bitcoin and this proves to people that they can follow the steps of institutions to invest in bitcoin so that bitcoin can be widely supported in the future. bitcoin will have more power to become famous and lift the price to increase.
Before investing in bitcoin, research will also be needed because with the results of research it is easy to understand how to invest in bitcoin and will not tend to panic if prices move up and down. confidence to invest will be strong so they easily control their emotions.

BobK71

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Everything is possible in cryptocurrency. However, it is dependent on the time. In the current position of BTC, I have doubt that it will be priced at 350K this year. Various analysts have predicted this. Ali Mizani is a researcher, inventor, and futurist managing one of the most lucrative cryptocurrency asset portfolios worldwide. He is the Founder/CIO of FiCAS AG. a Swiss regulated professional company for crypto asset investment advisory. He thinks the BTC price can and will reach $200k to $300k by the end of December 2021 to March 2022.

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Quote from: Obito on August 09, 2021, 04:22:34 AM

That's a really big number and that's about 6 times of the current all time high and bitcoin is known to do that in the past but right now, I think I will hold on to the fact that it can only be around 3x like the last that it did go up and it won't be by the end of 2022 but more like by the end of 2022.

That's right mate, obviously that's a very large number but it must also be remembered that in crypto nothing is impossible although it also needs to be realistic in analyzing it. bitcoin's rise is due to the halving, from the first and second the difference that occurs in bitcoin when it reaches the highest ATH is quite fantastic, and it is possible that it will also happen in the third halving which will probably be the same as the first and second at the end of this year. if there will be a significant increase at the end of this year, it may not be realized in 2022.

Clavulanic

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Quote from: Obito on August 09, 2021, 04:22:34 AM

That's a really big number and that's about 6 times of the current all time high and bitcoin is known to do that in the past but right now, I think I will hold on to the fact that it can only be around 3x like the last that it did go up and it won't be by the end of 2022 but more like by the end of 2022.

Great days for all who still holds during these year, and once we're going to survive within this specific periods I guess reaching $350k was too early. Most probably $100k was purely accurate instead of predicting to high. Hopefully, bullrun will not be too quick to initiate, because when it comes to faster pumps bear market also dominates after bullish situation took place.

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Quote from: 7788bitcoin on August 08, 2021, 11:51:43 PM

What you are talking about is polar opposite things, a government who wants to have a control everything which is centralized in nature will accept a decentralized movement, which means the government will be willing to let go off their centralized power they have and you really think it is possible Cheesy

.

The competition is entirely different, all these governments are trying to tame the beast and what i see is that each and everyone trying their tactics to tame the decentralized beast. EL Salvador will be forcing everyone to use the wallet the government create who can control the flow of money and monitor each and every transaction, that does not sound decentralized Tongue

.

There is a difference between accepting a decentralized currency versus accepting a decentralized management of a nation. Obviously the law and the politicians will keep being centralized, however that doesn't mean that the currency have to be. Even in that case, you could have a centralized government rule + a centralized currency but add in a decentralized currency as an alternative to your already established one.

Look at USA, are they giving up on USD? Of course not, dollar is rampant as ever and there is nothing to stop that, however that doesn't change the fact that federally crypto is not illegal, coinbase is already listed on stock markets, it is a very much allowed thing, or look at El Salvador, are they not using fiat at all? Basically allowing crypto to thrive doesn't mean that you will have to stop, it just means that you have to let them both coexist.

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Quote from: Obito on August 09, 2021, 04:22:34 AM

That's a really big number and that's about 6 times of the current all time high and bitcoin is known to do that in the past but right now, I think I will hold on to the fact that it can only be around 3x like the last that it did go up and it won't be by the end of 2022 but more like by the end of 2022.

I'm a little dubious about this speculation but I'm sure every year there must be a bigger increase maybe 3x or 5x from now even I'm happy to see that lift with the high value of bitcoin every year.

I think with the current pattern it will be much better than before given the demand for more from some of the big institutions maybe this capability will happen when we enter 2022?
I also think maybe Tesla will make a new plan about investment before, or Amazon can strengthen where they have looked at crypto as a transaction tool or other investment? I want to see this something different where the value of crypto will be very valuable in the future.

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