Topic: BTC Price Prediction: $350k before the end of 2022 - page 3. (Read 936 times)
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.
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El Salvador won't have much impact directly, but certainly indirectly. It goes to show that if the world's larger nations speak against Bitcoin, opportunities arise for smaller nations. It proves that competition will arise between the countries around the world for those supporting the decentralization movement.
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 El Salvador won't have much impact directly, but certainly indirectly. It goes to show that if the world's larger nations speak against Bitcoin, opportunities arise for smaller nations. It proves that competition will arise between the countries around the world for those supporting the decentralization movement.
.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
. When it comes to the price it is funny to see these predictions and the time mentioned, i have no doubt that we will reach these valuations but to say that it will reach within a particular time is bullshit.
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
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
Good work on the graph man. Really appreciative. Happy to see if bitcoin grows as you have drafted. I hope in its growth and expect a minimum of $100k by end of 2022. I am sure if btc crosses it, other coins like ETH, BNB and other coins with high trading volume, are going to see a huge growth following bitcoin. Those who have invested in these top coins are going to get much profit if they patiently hold them.
We haven't even touched the milestone of 70k yet and you're already on the 350k price? That's just crazy if you think about it because it seems impossible right now given that it's not how bitcoin grows annually. Maybe a 100k is a possibility but a 3.5x more than the amount that I have predicting seems a little bit far fetch, don't get me wrong, I will be happy about it if I am proven wrong but right now, it only creates a hypes that can trap newbies.
OP did explain from the chart, and that's TA for you. It's not the only one adhering to the same pattern too, the famous stock to flow (S2F or s2fx or whichever iteration it's in now) model is also very much along the same lines -- and nothing about the market has invalidated that yet.
It's not a price I personally think is possible, but it's not far-fetched at all. Remember, 14 months ago, Bitcoin was dangerously close to testing $3000 levels. We're 13x that price right now. Realism and logic play by very different rules in Bitcoin. We know this.
We haven't even touched the milestone of 70k yet and you're already on the 350k price? That's just crazy if you think about it because it seems impossible right now given that it's not how bitcoin grows annually. Maybe a 100k is a possibility but a 3.5x more than the amount that I have predicting seems a little bit far fetch, don't get me wrong, I will be happy about it if I am proven wrong but right now, it only creates a hypes that can trap newbies.
I agree with you that bitcoin will reach a price of $350k, but I don't agree with the time you set. before the end of 2022 that means less than 2 years from now. it's too short a time, even now bitcoin is experiencing a decline in price after a tremendous price increase. i think this will be achieved in 2024/2025 
With many institutions starting to be interested in investing in Bitcoin in the long term, and also El Salvador surprises us by trusting Bitcoin.
These are all signs that there will be surprises that Bitcoin will give in the future, so those who still have doubts about holding Bitcoin should
do their research properly. Because now it is increasingly visible that Bitcoin is getting a lot of attention, it means that Bitcoin is getting more
popular and can give us big profits. Even Bitcoin has also succeeded in helping the economy of many people in a pandemic situation like now,
so don't ever hesitate for a moment to hold Bitcoin.
bitcoin is currently plagued with bad news, we can't avoid this reality. but now there is good news starting from the country of el savador which made a very surprising breakthrough, where the government recognized bitcoin as a legal tool to be used like their fiat currency. not to mention there are subsidies from the government for people to be able to use bitcoin.These are all signs that there will be surprises that Bitcoin will give in the future, so those who still have doubts about holding Bitcoin should
do their research properly. Because now it is increasingly visible that Bitcoin is getting a lot of attention, it means that Bitcoin is getting more
popular and can give us big profits. Even Bitcoin has also succeeded in helping the economy of many people in a pandemic situation like now,
so don't ever hesitate for a moment to hold Bitcoin.
I clearly agree with you that good news like this is a sign of recognition that bitcoin desperately needs as yesterday was hit with bad news. hopefully in the future there will be more good news for bitcoin so that it can encourage public and investor confidence in bitcoin to strengthen.
I have no doubt that bitcoin will be increasingly popular and many will be able to benefit if they want to invest in bitcoin because bitcoin will always increase.
It is true that what El Salvador is doing is extraordinary and hopefully the effect will be large to make the crypto market even better.
Since Bitcoin is currently struggling to get back above the $40k price, it is hoped that more good news about Bitcoin will emerge.
In order to attract many new investors to buy Bitcoin, but I am optimistic that Bitcoin will give a good surprise for all of us.
Because Bitcoin has made a good contribution in a pandemic situation like now, many people have improved their economy after
getting to know Bitcoin. So I believe Bitcoin will be more and more in demand, we do have to be patient waiting for Bitcoin to rise again.
El Salvador won't have much impact directly, but certainly indirectly. It goes to show that if the world's larger nations speak against Bitcoin, opportunities arise for smaller nations. It proves that competition will arise between the countries around the world for those supporting the decentralization movement.
With many institutions starting to be interested in investing in Bitcoin in the long term, and also El Salvador surprises us by trusting Bitcoin.
These are all signs that there will be surprises that Bitcoin will give in the future, so those who still have doubts about holding Bitcoin should
do their research properly. Because now it is increasingly visible that Bitcoin is getting a lot of attention, it means that Bitcoin is getting more
popular and can give us big profits. Even Bitcoin has also succeeded in helping the economy of many people in a pandemic situation like now,
so don't ever hesitate for a moment to hold Bitcoin.
bitcoin is currently plagued with bad news, we can't avoid this reality. but now there is good news starting from the country of el savador which made a very surprising breakthrough, where the government recognized bitcoin as a legal tool to be used like their fiat currency. not to mention there are subsidies from the government for people to be able to use bitcoin.These are all signs that there will be surprises that Bitcoin will give in the future, so those who still have doubts about holding Bitcoin should
do their research properly. Because now it is increasingly visible that Bitcoin is getting a lot of attention, it means that Bitcoin is getting more
popular and can give us big profits. Even Bitcoin has also succeeded in helping the economy of many people in a pandemic situation like now,
so don't ever hesitate for a moment to hold Bitcoin.
I clearly agree with you that good news like this is a sign of recognition that bitcoin desperately needs as yesterday was hit with bad news. hopefully in the future there will be more good news for bitcoin so that it can encourage public and investor confidence in bitcoin to strengthen.
I have no doubt that bitcoin will be increasingly popular and many will be able to benefit if they want to invest in bitcoin because bitcoin will always increase.
It is true that what El Salvador is doing is extraordinary and hopefully the effect will be large to make the crypto market even better.
Since Bitcoin is currently struggling to get back above the $40k price, it is hoped that more good news about Bitcoin will emerge.
In order to attract many new investors to buy Bitcoin, but I am optimistic that Bitcoin will give a good surprise for all of us.
Because Bitcoin has made a good contribution in a pandemic situation like now, many people have improved their economy after
getting to know Bitcoin. So I believe Bitcoin will be more and more in demand, we do have to be patient waiting for Bitcoin to rise again.
bitcoin is currently plagued with bad news, we can't avoid this reality. but now there is good news starting from the country of el savador which made a very surprising breakthrough, where the government recognized bitcoin as a legal tool to be used like their fiat currency. not to mention there are subsidies from the government for people to be able to use bitcoin.
I clearly agree with you that good news like this is a sign of recognition that bitcoin desperately needs as yesterday was hit with bad news. hopefully in the future there will be more good news for bitcoin so that it can encourage public and investor confidence in bitcoin to strengthen.
I have no doubt that bitcoin will be increasingly popular and many will be able to benefit if they want to invest in bitcoin because bitcoin will always increase.
I do not really see any bad news, do you? I am not talking about news that happened few months ago. All that Elon Musk tweeting bitcoin is bad for climate, or china banning miners type of news all happened nearly 2 months ago, it is not really important anymore. Why do I think that way? Because what happened already happened and that was priced in, if it was still an important thing then the price would move downwards.I clearly agree with you that good news like this is a sign of recognition that bitcoin desperately needs as yesterday was hit with bad news. hopefully in the future there will be more good news for bitcoin so that it can encourage public and investor confidence in bitcoin to strengthen.
I have no doubt that bitcoin will be increasingly popular and many will be able to benefit if they want to invest in bitcoin because bitcoin will always increase.
So, what we had as bad news were all bad news but they happened and price went down and now we are over it. From now on we have to look forward and hope that there are some good improvements either on bitcoin or another top coin so that we could promote that and get hyped about it. That is what crypto is all about, even a smallest thing that normally would not be very important could become very important if you can hype it big enough in the crypto world.
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.
bitcoin is currently plagued with bad news, we can't avoid this reality. but now there is good news starting from the country of el savador which made a very surprising breakthrough, where the government recognized bitcoin as a legal tool to be used like their fiat currency. not to mention there are subsidies from the government for people to be able to use bitcoin.
I clearly agree with you that good news like this is a sign of recognition that bitcoin desperately needs as yesterday was hit with bad news. hopefully in the future there will be more good news for bitcoin so that it can encourage public and investor confidence in bitcoin to strengthen.
I have no doubt that bitcoin will be increasingly popular and many will be able to benefit if they want to invest in bitcoin because bitcoin will always increase.
I do not really see any bad news, do you? I am not talking about news that happened few months ago. All that Elon Musk tweeting bitcoin is bad for climate, or china banning miners type of news all happened nearly 2 months ago, it is not really important anymore. Why do I think that way? Because what happened already happened and that was priced in, if it was still an important thing then the price would move downwards.I clearly agree with you that good news like this is a sign of recognition that bitcoin desperately needs as yesterday was hit with bad news. hopefully in the future there will be more good news for bitcoin so that it can encourage public and investor confidence in bitcoin to strengthen.
I have no doubt that bitcoin will be increasingly popular and many will be able to benefit if they want to invest in bitcoin because bitcoin will always increase.
So, what we had as bad news were all bad news but they happened and price went down and now we are over it. From now on we have to look forward and hope that there are some good improvements either on bitcoin or another top coin so that we could promote that and get hyped about it. That is what crypto is all about, even a smallest thing that normally would not be very important could become very important if you can hype it big enough in the crypto world.
That's a big thing to say, I don't think that bitcoin is going to come to that point by the end of 2022, bitcoin can't even go back to 60k yet and we are predicting it to pump that big? If bitcoin can get to a 100k, maybe I can see the possibility of bitcoin going to that point and hopefully I am proven wrong with this doubt within me.
$350k level seems unrealistic to me honestly. You claim that it will happen in only one year. We will need much bigger news that will help Bitcoin price to rise much more quickly than ever. For example, many people are waiting for Lightning Network. If we start benefiting from it, then it could be a big impetus for Bitcoin price.
With many institutions starting to be interested in investing in Bitcoin in the long term, and also El Salvador surprises us by trusting Bitcoin.
These are all signs that there will be surprises that Bitcoin will give in the future, so those who still have doubts about holding Bitcoin should
do their research properly. Because now it is increasingly visible that Bitcoin is getting a lot of attention, it means that Bitcoin is getting more
popular and can give us big profits. Even Bitcoin has also succeeded in helping the economy of many people in a pandemic situation like now,
so don't ever hesitate for a moment to hold Bitcoin.
bitcoin is currently plagued with bad news, we can't avoid this reality. but now there is good news starting from the country of el savador which made a very surprising breakthrough, where the government recognized bitcoin as a legal tool to be used like their fiat currency. not to mention there are subsidies from the government for people to be able to use bitcoin.These are all signs that there will be surprises that Bitcoin will give in the future, so those who still have doubts about holding Bitcoin should
do their research properly. Because now it is increasingly visible that Bitcoin is getting a lot of attention, it means that Bitcoin is getting more
popular and can give us big profits. Even Bitcoin has also succeeded in helping the economy of many people in a pandemic situation like now,
so don't ever hesitate for a moment to hold Bitcoin.
I clearly agree with you that good news like this is a sign of recognition that bitcoin desperately needs as yesterday was hit with bad news. hopefully in the future there will be more good news for bitcoin so that it can encourage public and investor confidence in bitcoin to strengthen.
I have no doubt that bitcoin will be increasingly popular and many will be able to benefit if they want to invest in bitcoin because bitcoin will always increase.
With many institutions starting to be interested in investing in Bitcoin in the long term, and also El Salvador surprises us by trusting Bitcoin.
These are all signs that there will be surprises that Bitcoin will give in the future, so those who still have doubts about holding Bitcoin should
do their research properly. Because now it is increasingly visible that Bitcoin is getting a lot of attention, it means that Bitcoin is getting more
popular and can give us big profits. Even Bitcoin has also succeeded in helping the economy of many people in a pandemic situation like now,
so don't ever hesitate for a moment to hold Bitcoin.
Bitcoin gets more power when the institutions start to invest in bitcoin and it proves to people that they can follow the institution's steps to invest in bitcoin. Once the mass adoption can grow, bitcoin will have more power to become famous and lift the price to increase. Research before invest in bitcoin will also be necessary because people will not understand how to invest in bitcoin correctly and they will tend to panic if the price is moving up and down. They need to have the confidence to invest in bitcoin and they must know that bitcoin is not always at a high price so they need to learn how to manage their emotion. Bitcoin can go to any high price or low price in 2022, but we need to be ready for anything that can happen to bitcoin. These are all signs that there will be surprises that Bitcoin will give in the future, so those who still have doubts about holding Bitcoin should
do their research properly. Because now it is increasingly visible that Bitcoin is getting a lot of attention, it means that Bitcoin is getting more
popular and can give us big profits. Even Bitcoin has also succeeded in helping the economy of many people in a pandemic situation like now,
so don't ever hesitate for a moment to hold Bitcoin.
A year later, before it can happen and who knows, the bitcoin price will not just hit $350k but will hit the next higher price. We can speculate on many things but we need to be patient and not to make a rush because we will see bitcoin will have more support that will help the price increase. We now see bitcoin price is down for half from the last highest price, and bitcoin needs to go back to that highest price before hitting the next highest price. So we can not do anything but be patient.
This year Bitcoin has surprised to reach a price of $65k, so it is very likely that Bitcoin will surprise at the end of 2022 by reaching $350k.Anything is very possible, but to make it happen is not easy, one of which we will be tested for patience. Because seeing the current market
situation is not very good. So if we have patience we should be able to get through any difficult obstacles. Hopefully if we can all be patient
holding the Bitcoins we have, our wishes can be achieved by hoping there will be a surprise at the end of 2022.
If that can happen, it will bring more adoption to many people because they will see that bitcoin can lift and pass every problem, especially for the bad news that will always come to the crypto market. We really need to prevent panic and can have more patients holding bitcoin because we will have a chance to sell bitcoin at the highest price.
With many institutions starting to be interested in investing in Bitcoin in the long term, and also El Salvador surprises us by trusting Bitcoin.
These are all signs that there will be surprises that Bitcoin will give in the future, so those who still have doubts about holding Bitcoin should
do their research properly. Because now it is increasingly visible that Bitcoin is getting a lot of attention, it means that Bitcoin is getting more
popular and can give us big profits. Even Bitcoin has also succeeded in helping the economy of many people in a pandemic situation like now,
so don't ever hesitate for a moment to hold Bitcoin.
Maybe from this year and so on, bitcoin can give more surprises to us by hitting the highest price every year
You mean that bitcoin will break its 4 year cyclic nature? I believe it will be possible when more people "adopt" bitcoin rather than just trading. Yeah, only when more people opt bitcoins for long term holding then those whales will lose their power which must be very important for not having manipulated market. When there will be continuously new people join here then probably bitcoin may grow on yearly basis rather than being once in 4 years.We really need to prevent panic and can have more patients holding bitcoin because we will have a chance to sell bitcoin at the highest price.
But every bitcoiner must be having different attitude and goal hence getting panic and then dumping kind of things will continue but how we are going to withstand against such dumping will be the key which decides how quickly we will see OP's 350k or even $1M levels.
If there's no manipulators in the market probably it's possible, but do you really think it will gonna happen within that year? Because you know we are at the mid of 2021, so if it's possible, what's the reason of that bullrun? That's too much to be honest and seems unrealistic especially on this kind of market that most of the big investors wants to pull the price back after it making all time high value. And in just 1 and a half year? it's impossible in my opinion.
But on the realistic side of things this is way too bullish of a market, who will be pumping these markets with the current problems our markets are facing and the pandemic doesn't look like it will be over any time soon?
I wouldn't hold on to that prediction because there's just too much going on with bitcoin right now and we haven't even broken the 65k barrier let alone 100k, maybe if bitcoin were to reach 100k this year, probably I would have my faith that it will go to 350k increase but right now, this is just a hype but I am not saying that it won't go up, I believe it will but not within a year.
OP predicts before the end of 2022 so that's not going to be within the year only. We are still in the middle of 2021 right now. But just like you I would rather not look too much in the future especially because Bitcoin has not even gone back at $40,000 yet. It is premature to talk of $350,000 when Bitcoin has not even kept its hold on $35,000. I am quite convinced though that $100,000 within 2021 is very possible.
I wouldn't hold on to that prediction because there's just too much going on with bitcoin right now and we haven't even broken the 65k barrier let alone 100k, maybe if bitcoin were to reach 100k this year, probably I would have my faith that it will go to 350k increase but right now, this is just a hype but I am not saying that it won't go up, I believe it will but not within a year.
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