BTC Price Prediction: $350k before the end of 2022 - page 4.

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Quote from: Kemarit on July 01, 2021, 08:45:37 PM

Quote from: DatKing on July 01, 2021, 05:14:15 PM

It's too optimistic to think like Bitcoin price will be reaching $350k in only one and a half years. I would be really happy if the price reaches even $100k in one year. I think that we need more time to see levels like $350k. It is maybe more than 2 years which we really need.

$100,000 will be the obvious goal first before we can talk $350,000. $100,000 is achievable this year, the last all time high is $64,000 so just a thousands of dollars and we might get into it. Although the price really dip in the last 2 months, hopefully at the end of the year 6 digits can be reach.

And then we will have to see if it can gathered enough momentum in the next 2 years. There could be super bullish cycle and that the supposedly 4 year cycle might turn into 2 cycles of like 3 years. So let's see how it goes.

Even I'm not so sure with a jump so high $ 350k we will definitely go through a lot of obstacles that will be faced but is it possible this year will return to ATH again? I think it's still in the middle of the year but bitcoin is still trying to rise at half ATH even the cycles I see will not happen so there will definitely be bad news that prevents him from believing and it will definitely happen.

It's true what many people say, we still need time on this journey, even I see bitcoin has so many twists and turns and the market is starting to be sensitive but it's also not likely that there will be more bullishness after the current bear.

bitterguy28

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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

Purely exaggerated , this is why mostly i hate speculative post because they tend to sometimes boost investors but most of the time they are fooling and luring people into trap .

Quote from: ancafe on July 02, 2021, 05:51:38 AM

okay, let's narrow this down. Currently, the bitcoin price even needs a lot of effort to reach the price of $100k. i might support bitcoin price to reach $350k price. however, there are currently too many taboos to push the bitcoin price closer to $100k. however, I believe the bitcoin price could hit that price target, but it's unlikely that will happen in 2022.

No worries about reaching the 350k value but not in that specific time . maybe in another 5 years.

davis196

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Some people really believe that Bitcoin price will go up and up forever and ever.
They are trying to rationalize this belief by using "historical price patterns".
I can say that the Bitcoin price will be 1M USD by 2030 and 10M USD by 2040,based on the BTC price movements in the past.There are "Bitcoin cycles",but explaining the future with the past isn't the best type of analysis.I don't really believe that the Bitcoin price will hit the moon in a situation,where the people don't want to spend Bitcoins and are buying BTC just for the sake of keeping it and waiting for a higher price.

ancafe

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okay, let's narrow this down. Currently, the bitcoin price even needs a lot of effort to reach the price of $100k. i might support bitcoin price to reach $350k price. however, there are currently too many taboos to push the bitcoin price closer to $100k. however, I believe the bitcoin price could hit that price target, but it's unlikely that will happen in 2022.

Kemarit

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Quote from: DatKing on July 01, 2021, 05:14:15 PM

It's too optimistic to think like Bitcoin price will be reaching $350k in only one and a half years. I would be really happy if the price reaches even $100k in one year. I think that we need more time to see levels like $350k. It is maybe more than 2 years which we really need.

$100,000 will be the obvious goal first before we can talk $350,000. $100,000 is achievable this year, the last all time high is $64,000 so just a thousands of dollars and we might get into it. Although the price really dip in the last 2 months, hopefully at the end of the year 6 digits can be reach.

And then we will have to see if it can gathered enough momentum in the next 2 years. There could be super bullish cycle and that the supposedly 4 year cycle might turn into 2 cycles of like 3 years. So let's see how it goes.

Kyraishi

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Is this the second coming of McAfee?

I personally don't see any scenario in which BTC would breach $200k, let alone $300k by the end of next year. Next year would be 2 years from the last halving, which is generally when the bear market is in its full swing. I don't expect much of a bull run at all let alone such a large one.

Unless, of course, there is some sort of large institutional investor that once again enters the marketplace within the calendar year. This doesn't seem likely given the tapering off of Tesla's interest in BTC and the dying media attention given to corporations like Square and Microstrategy. The macro conditions simply don't align with a continued bull market right now.

DatKing

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It's too optimistic to think like Bitcoin price will be reaching $350k in only one and a half years. I would be really happy if the price reaches even $100k in one year. I think that we need more time to see levels like $350k. It is maybe more than 2 years which we really need.

lienfaye

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Im optimistic that bitcoin will reach another all time high but it seems $350k is not realistic to achieve. Every prediction and analysis has no concrete evidence that it will happen thus its not accurate to rely our decision with this. Anyway its not impossible to achieve such price but maybe it will take 3-4 years.

Its enough for me if the price reach a new all time high at $100k by the end of next year, that is somehow realistic.

darewaller

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Quote from: michellee on July 01, 2021, 08:51:29 AM

Maybe from this year and so on, bitcoin can give more surprises to us by hitting the highest price every year Grin

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.

Quote from: michellee on July 01, 2021, 08:51:29 AM

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.

michellee

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Quote from: Shasha80 on June 30, 2021, 11:24:22 AM

Quote from: michellee on June 30, 2021, 10:37:21 AM

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.

Yes, it is. Maybe from this year and so on, bitcoin can give more surprises to us by hitting the highest price every year Grin

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.

Shasha80

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Quote from: michellee on June 30, 2021, 10:37:21 AM

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.

michellee

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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.

barota

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when looking for a prediction of charts , i think prices of bitcoin to fall and the bear market just start because the past bull run of 2017 for example prices fall from 18000 usd per btc to 6000 usd per btc in the first round of crash bitcoin , the bear market continue 1 year at latest everyone should wait little time before any investement the last bull run is not like past , for this prices can fall under 20000 usd per btc this year always

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

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.

But, as per cyclic nature of bitcoins, we are expecting 2022 to remain a bearish market and final ATH of current cycle may happen by end of this year which might be around $280k levels. History may repeat but may not repeat in exact patterns. The time span in every bullish trend is something new, I have not considered it as of one of supporting factor while analyzing about the cyclic nature of bitcoin markets.

I need to agree that bullish mode of bitcoin cycle will expand over the time as each halving makes production of new bitcoins shrinking hence demand will rise which may keep bullish trend to last long than previous cycles. This way I guess I must agree about extension of current bull run into 2022.

slaman29

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So we're going to have another 12 months of this bull cycle? Sounds good for me:) I mean. I thought it would be over end of this year at best case scenario (and actually I have been lately thinking we might even have to accept that it will only be a few more months, maybe a new ATH or two and that's it). 6 more months of bull is great though. Can't wait to buy the big winter dip after lol.

rodskee

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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.
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

Exaggerated , there is no even good things to come after 2021 , and besides we are near the 4 year cycle in which will commands the dumping season very near and i hate to admit but this is truly coming.

Quote from: 2double0 on June 29, 2021, 05:02:36 PM

$350k will need at least 10 times the volume institutions poured in to take btc to $65k. Speaking numbers is easy, turning it into reality isn't. Btc is still bound in the range of $30k-$36k and it retraces up/down after touching those areas. The positivity in markets can also be a bull trap by marker makers to grab their chance to sell their coins for high price. You are helping them by speculating a figure which is not a 'sane speculation' because even I started thinking btc would go $1 million soon but it didn't. Turned back from only $65k. Undecided

x10 if we will look at it now but if we will check the previous we only need at least x6 or 7 from the previous ATH to make the capitalization hit that target , things that i don't think will really come.

Dave1

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Quote from: hatshepsut93 on June 29, 2021, 10:29:35 AM

Okay, $350k in 2022, then what? $3.5m in 2025? $20m in 2030? Bitcoin can't exponentially grow forever, in fact if $64k was the top of this cycle, it would already mean that it slowed down its growth rate, and people really need to readjust their moonmath models, or they will keep getting disappointed.

Yeah, at some point, the exponential growth will slow down, we need to find the source of money before we can see huge explosion in the future. Currently, it was the company hedging into bitcoin and putting it in their balance sheet. And then we see $64k, new all time high.

But after that, market went into bear mode, and it seems it will continue unless we have another break out news that will fuel more money and getting the price to at least $100k in the next year or so.

sheenshane

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It seems your prediction is unrealistic or unlikely will happen. Bitcoin price isn't a have infinite growth and the price of $350k for more than 1 year in a short period of time to have a bullish market.

I believed Bitcoin will always make an all-time high price after the halving happens, it's proven itself since we are already on a 3rd halving and after a few months, Bitcoin has increased the price. So it might after the next 4th halving Bitcoin create another hype and also an all-time high price if it will surpass the $65k previous ATH, but I think we still didn't reach the $350k as your prediction, that's too much price.

milewilda

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Quote from: 2double0 on June 29, 2021, 05:02:36 PM

$350k will need at least 10 times the volume institutions poured in to take btc to $65k. Speaking numbers is easy, turning it into reality isn't. Btc is still bound in the range of $30k-$36k and it retraces up/down after touching those areas. The positivity in markets can also be a bull trap by marker makers to grab their chance to sell their coins for high price. You are helping them by speculating a figure which is not a 'sane speculation' because even I started thinking btc would go $1 million soon but it didn't. Turned back from only $65k. Undecided

Common presumptions when the market is really been hyped up and reach out those new ATH's that Bitcoin had able to unexpectedly to break but people had already make out some future price presumptions
basing on how fast the price had moved up without realizing on what are the main reasons and on how much money had been poured into the market before it do able to reach out that level which we can say
that it would really be enormous and do talk billions of dollars or even trillions and people should think up at least on whats been needed to make this market way too high.
Speculating numbers that are already on the unrealistic side is a bit quite irritating at least on my part.They should know on how market works.

Oceat

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It's an exaggerated price prediction when we do talk about $350k next year if the same pattern of 2017 to 2020 will be the same then there's no chance that Bitcoin will going to touch $350 within a year and a half. It will need a couple of Bitcoin halving before we might be even close to that price.

The date of prediction should be "$350k before the end of 2028". It's not that easy to pump the market when it's a bear season especially next year there will be a big possible that the bear will settle next year. It's time to adjust while buying when the price is cheap and HODL until the next bull run.

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