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Topic: Btc price preeiction - page 2. (Read 601 times)

full member
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May 18, 2023, 06:10:43 AM
#72
Btc price prediction 40,000$ top this year.
Then 11,000$ then start of bull run year 2024 up to 100,000$ +  bull run will end 2026- 2027
By that time 100k+ is Coming for sure.


I may agree with 40k is the top of this year and yeah it will come as we already broke 30k.

Now about going down to 11k before the bull happens? that is something I need to disagree because what I can see here is that at least we will get down to 15k and that is the lowest .

and 100k is indeed coming , but this will not last till 2026-2027 because the longest it can run is 2025 and 2026 will be once again the bear market.
hero member
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May 18, 2023, 05:17:52 AM
#71
$100k is possible next year as many investors are probably buying Bitcoin in preparation for the bullrun that might happen after halving. But for this year my prediction is, the price can go higher up to $35k, it's more realistic. The price didn't last long above $30k it's because of some investors taking advantage the price increase hence it is not surprising at all to see the price declining and not increasing consistently.

Nevertheless, whatever the price might end up before this year end, secure yourself by buying Bitcoin at cheaper price while we're not in bullrun yet. Continue holding and be patient.
We still have about 7 months to see how much BTC will be worth at the end of the year. But if no positive news supports BTC, I don't think increasing its price to $30k or more will be easy. The price of BTC needs more support to increase and in the meantime, we can only wait for the price to return to $30k. And it looks like $30-$35 is a realistic number for BTC as the closest jump it can achieve. And maybe in the next year, the new BTC price can get another long rally to break through $69k.
hero member
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Rollbit
May 18, 2023, 04:02:20 AM
#70
$40,000 top this year, that's possible. But $11,000 as the bottom? That's most probably not going to happen. Not within the year, much less next year. 2024 is the halving year. Although there might be a dip months before the halving, I think $11,000 is a bit of an exaggeration. After the halving, the price will most likely be generally going up so $11,000 is very unlikely.

$100,000 could be in next year. But I don't think there's a bull run that will last 2 to 3 years. That's again an exaggeration. But do you have a basis for this prediction of yours?
I don't believe in $100k this year. It is somthing very difficult to happen.

This year? Yes, but $100k will not be as difficult than what we think today once bitcoin have the momentum and people starts to be making massive purchases looking to ride the $100k hype. The next bull run might potentially hit the 6 digit mark once it breaks the most recent ATH. If not, then I'm pretty sure it'll bring us another step closer to $100k and the next bull run will make it happen most probably.
I don't really mind whether bitcoin will have another correction or not as long as you will have enough btc stacked before the most anticipated $100k mark.
full member
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May 18, 2023, 03:40:03 AM
#69
40k this year I think is a fair modest estimate of upside vs all the possible negatives and certain volume that is in the way from prior years.  40k is more then double the lows so its very good performance imo and we could be less then that and still positive imo.  Nothing is for certain though so I dont know about 100k or even beating the prior ATH, it doesnt have to happen just because of expectations.  It still appears a very large figure to me personally and I was already impressed enough with the ability to move through 20k and every set of 10k higher gains from there just a repeat is enough for positive action imo I dont presume new highs.

I think so, even though the last 2 months the price has seen a decline but I'm still optimistic that this year it can reach at least $40k, especially if this week it can reach $30k again then I'm optimistic that by the end of the year it can reach $50k because in 2024 there will be a halving and usually there will be there is a surge in demand that makes prices skyrocket in 2024.
hero member
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May 18, 2023, 01:02:49 AM
#68
$40,000 top this year, that's possible. But $11,000 as the bottom? That's most probably not going to happen. Not within the year, much less next year. 2024 is the halving year. Although there might be a dip months before the halving, I think $11,000 is a bit of an exaggeration. After the halving, the price will most likely be generally going up so $11,000 is very unlikely.

$100,000 could be in next year. But I don't think there's a bull run that will last 2 to 3 years. That's again an exaggeration. But do you have a basis for this prediction of yours?
$40k this year is very possible and I also agree with you that $11k is also not possible. I believe that the worst bitcoin can go before the bull run is $20k and not below. The days of perpetual bear market is gone as from henceforth we are moving towards the green.
I don't believe in $100k this year. It is somthing very difficult to happen.
$100k is possible next year as many investors are probably buying Bitcoin in preparation for the bullrun that might happen after halving. But for this year my prediction is, the price can go higher up to $35k, it's more realistic. The price didn't last long above $30k it's because of some investors taking advantage the price increase hence it is not surprising at all to see the price declining and not increasing consistently.

Nevertheless, whatever the price might end up before this year end, secure yourself by buying Bitcoin at cheaper price while we're not in bullrun yet. Continue holding and be patient.
sr. member
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May 17, 2023, 10:11:45 PM
#67
$40,000 top this year, that's possible. But $11,000 as the bottom? That's most probably not going to happen. Not within the year, much less next year. 2024 is the halving year. Although there might be a dip months before the halving, I think $11,000 is a bit of an exaggeration. After the halving, the price will most likely be generally going up so $11,000 is very unlikely.

You're correct, if Bitcoin was meant to dump to $11,000, it should have happened last year as that was the only time the market was very bearish that the price of Bitcoin could have dropped that low but since it didn't happen that means it won't happen again.

If Bitcoin market was to become very bearish this year due to some bad news, the fall in Bitcoin price can only take it to below $20,000 and then a recover has to happen almost immediately. Bitcoin won't fall to as low as $11,000 if China or US ban it again.

By the end of this Bitcoin bull market next two years in 2025, Bitcoin would end up trading above $100,000 and that's because it's overdue to be trading that high. It won't happen this year or next year but it'll be happening in 2025 so we should plan towards then.

What happened to Bitcoin last year was terrible. Bitcoin was severely affected by the bankruptcies of big crypto players like 3AC, Voyager, Celsius, FTX, etc. There was also the ignominious Luna debacle. And what could be the worse of timing? All those happened in the time of pandemic and uncontrolled inflation and then a war in Europe. Macroeconomic factors also affected Bitcoin. But it didn't fall to $11,000. Why should it then fall that low within this year or next when things are getting better?

$100,000 could happen in either 2024 or 2025.

$11k sounds unlikely, but it's still possible, don't be sure of anything with this market. Bitcoin can't go from $69k to $11k, but it's much simpler to go from $30k to $11k. The future is unpredictable, no one can be sure that another crash like FTX or Luna will happen again, like when FTX and Luna crashed, we all didn't believe it until it happened. With that, the economic situation is still very bad, and if the Fed will continue to raise or keep rates high for a long time. It will probably be a lot worse than in 2022. No one can predict it, and to be careful, we need to plan for that scenario, don't be subjective.
sr. member
Activity: 2310
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May 17, 2023, 09:41:33 PM
#66
$40,000 top this year, that's possible. But $11,000 as the bottom? That's most probably not going to happen. Not within the year, much less next year. 2024 is the halving year. Although there might be a dip months before the halving, I think $11,000 is a bit of an exaggeration. After the halving, the price will most likely be generally going up so $11,000 is very unlikely.

You're correct, if Bitcoin was meant to dump to $11,000, it should have happened last year as that was the only time the market was very bearish that the price of Bitcoin could have dropped that low but since it didn't happen that means it won't happen again.

If Bitcoin market was to become very bearish this year due to some bad news, the fall in Bitcoin price can only take it to below $20,000 and then a recover has to happen almost immediately. Bitcoin won't fall to as low as $11,000 if China or US ban it again.

By the end of this Bitcoin bull market next two years in 2025, Bitcoin would end up trading above $100,000 and that's because it's overdue to be trading that high. It won't happen this year or next year but it'll be happening in 2025 so we should plan towards then.

What happened to Bitcoin last year was terrible. Bitcoin was severely affected by the bankruptcies of big crypto players like 3AC, Voyager, Celsius, FTX, etc. There was also the ignominious Luna debacle. And what could be the worse of timing? All those happened in the time of pandemic and uncontrolled inflation and then a war in Europe. Macroeconomic factors also affected Bitcoin. But it didn't fall to $11,000. Why should it then fall that low within this year or next when things are getting better?

$100,000 could happen in either 2024 or 2025.
hero member
Activity: 896
Merit: 584
BTC, a coin of today and tomorrow.
May 17, 2023, 03:52:22 PM
#65
$40,000 top this year, that's possible. But $11,000 as the bottom? That's most probably not going to happen. Not within the year, much less next year. 2024 is the halving year. Although there might be a dip months before the halving, I think $11,000 is a bit of an exaggeration. After the halving, the price will most likely be generally going up so $11,000 is very unlikely.

$100,000 could be in next year. But I don't think there's a bull run that will last 2 to 3 years. That's again an exaggeration. But do you have a basis for this prediction of yours?
$40k this year is very possible and I also agree with you that $11k is also not possible. I believe that the worst bitcoin can go before the bull run is $20k and not below. The days of perpetual bear market is gone as from henceforth we are moving towards the green.
I don't believe in $100k this year. It is somthing very difficult to happen.
hero member
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May 17, 2023, 04:39:43 AM
#64
$40,000 top this year, that's possible. But $11,000 as the bottom? That's most probably not going to happen. Not within the year, much less next year. 2024 is the halving year. Although there might be a dip months before the halving, I think $11,000 is a bit of an exaggeration. After the halving, the price will most likely be generally going up so $11,000 is very unlikely.

You're correct, if Bitcoin was meant to dump to $11,000, it should have happened last year as that was the only time the market was very bearish that the price of Bitcoin could have dropped that low but since it didn't happen that means it won't happen again.

If Bitcoin market was to become very bearish this year due to some bad news, the fall in Bitcoin price can only take it to below $20,000 and then a recover has to happen almost immediately. Bitcoin won't fall to as low as $11,000 if China or US ban it again.

By the end of this Bitcoin bull market next two years in 2025, Bitcoin would end up trading above $100,000 and that's because it's overdue to be trading that high. It won't happen this year or next year but it'll be happening in 2025 so we should plan towards then.
sr. member
Activity: 2310
Merit: 366
May 17, 2023, 12:49:14 AM
#63
$40,000 top this year, that's possible. But $11,000 as the bottom? That's most probably not going to happen. Not within the year, much less next year. 2024 is the halving year. Although there might be a dip months before the halving, I think $11,000 is a bit of an exaggeration. After the halving, the price will most likely be generally going up so $11,000 is very unlikely.

$100,000 could be in next year. But I don't think there's a bull run that will last 2 to 3 years. That's again an exaggeration. But do you have a basis for this prediction of yours?
full member
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May 16, 2023, 10:28:53 PM
#62
Another random speculations without specific analyses. To be honest, that’s repetitive and annoying. What’s the point of predicting Bitcoin’s price when you’re not capable to do it? Anyway, it is totally tough to see a strong bull run during this year, it is been now more than 1 month since Bitcoin is moving between $27k-29k and I highly doubt if it will reach $40K in next few months due to a lot of factors for example, the continuous manipulation of capitalists on Market and the government’s new strict rules toward centralized exchanges, these two main factors have a negative impact on Bitcoin’s price. For me, I am more optimistic for 2024, hopefully the value will rise remarkably after the next halving.

But if a prediction comes with specific and detailed analysis, is it guaranteed to happen? Because bitcoin is unpredictable, many people don't want to rely too much on technical analysis, what they do is look at history and make predictions for the future, expecting history to repeat itself.
If bitcoin can hit $40k this year and then fall back, it will be like the previous cycle, bitcoin rallied in 2019 and fell back after that.   

But I agree with you on the challenges we are facing this year, so it's hard to expect a breakthrough this year. For me, the expected start of a bull run would be sometime after the halving happens, and that could be Q1 2025.
STT
legendary
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May 16, 2023, 10:05:11 PM
#61
40k this year I think is a fair modest estimate of upside vs all the possible negatives and certain volume that is in the way from prior years.  40k is more then double the lows so its very good performance imo and we could be less then that and still positive imo.  Nothing is for certain though so I dont know about 100k or even beating the prior ATH, it doesnt have to happen just because of expectations.  It still appears a very large figure to me personally and I was already impressed enough with the ability to move through 20k and every set of 10k higher gains from there just a repeat is enough for positive action imo I dont presume new highs.
legendary
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May 16, 2023, 07:06:14 PM
#60
Btc price prediction 40,000$ top this year.
Then 11,000$ then start of bull run year 2024 up to 100,000$ +  bull run will end 2026- 2027
By that time 100k+ is Coming for sure.



First, I'll appreciate if you can correct the typographical error on the title of the post. It will make it more responsible and it will have more engagement.
Saying that the top of this year is $40k is a very nice prediction. And that is where I stand after my research. But I am surprised that many people are predicting a new ATH this year. In as much as we are in the market of possibilities, I don't see that happening this year.
Then, the $100k target is something I don't want to believe or hear but it made the bear market fell on me while waiting for 100k
sr. member
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May 16, 2023, 05:54:55 PM
#59
The negative trend seems to be continuing in May, this is seen by the price dropping more than 4% in a week, maybe in May the price is still in the range below $ 30k, but if we want to get big profits then now is a good time to buy because we can get a cheap price.

A price under 30k is good because we have time to accumulate more bitcoins at a lower price. Honestly, I don't expect the market to recover and rally any time soon. If bitcoin goes up in price too fast, we will just spend more money to buy bitcoin, which will not benefit us. Since most have a sell target of $100k in the next bull season, why do people always like it to go up fast? Even if the market recovers this year, the bull market will only come after the halving, the bulls will not come before the halving, so it is a waste to expect the market price to be soon increasing.
full member
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May 16, 2023, 05:05:29 PM
#58
Another random speculations without specific analyses. To be honest, that’s repetitive and annoying. What’s the point of predicting Bitcoin’s price when you’re not capable to do it? Anyway, it is totally tough to see a strong bull run during this year, it is been now more than 1 month since Bitcoin is moving between $27k-29k and I highly doubt if it will reach $40K in next few months due to a lot of factors for example, the continuous manipulation of capitalists on Market and the government’s new strict rules toward centralized exchanges, these two main factors have a negative impact on Bitcoin’s price. For me, I am more optimistic for 2024, hopefully the value will rise remarkably after the next halving.
legendary
Activity: 2492
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May 16, 2023, 03:52:35 PM
#57
^
I stopped with price apps, they were such a waste of time. Let's say you're a short-term investor, who uses price apps, but you self-custody your bitcoin, like you should. Most likely you won't have your wallet on your phone, and even if you do, it's going to take some time before you're able to send it to an exchange and cost you some money. Every time the app shows you a <5% move you'll have to make a decision. Is it worth for me to react to this? I'll have to pay the transfer fee, I'll have to pay the exchange fee and it's going to take a few hours before I can dump it.
All the app is going to do is put you on edge, distract you, when you can't really do anything about it. It's like reading news about a child that died somewhere in another city.
While the intention behind those apps is a good one, at the same time instead of helping you to monitor the market what those apps do instead is to make you more apprehensive about what is happening on the market and most likely increase the number of trades you make and the percentage of losses you suffer as well, as those apps almost force you to overtrade the markets instead of sticking with the position you have taken, so people need to be incredibly careful with those apps and if they cannot stop this from happening to them then they need to uninstall them and check the price manually as they used to.
member
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May 16, 2023, 02:41:00 AM
#56
The negative trend seems to be continuing in May, this is seen by the price dropping more than 4% in a week, maybe in May the price is still in the range below $ 30k, but if we want to get big profits then now is a good time to buy because we can get a cheap price.
STT
legendary
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May 13, 2023, 07:41:12 PM
#55
The extremes of BTC tend to exceed expectations often, even while saying that I would still expect to be wrong as most times it does appear 40k would be correct.   But the ability for BTC to go further in both directions then people thought possible is frequent and repeated, so by that reckoning we could go as high as 60k I guess.   Close to the ATH, I do think it would resolve downwards from that peak before year end.  Basically if we repeat 2019 in being positive but losing that peak it'd be what I expect roughly.
legendary
Activity: 1064
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May 13, 2023, 03:08:45 PM
#54
^
I stopped with price apps, they were such a waste of time. Let's say you're a short-term investor, who uses price apps, but you self-custody your bitcoin, like you should. Most likely you won't have your wallet on your phone, and even if you do, it's going to take some time before you're able to send it to an exchange and cost you some money. Every time the app shows you a <5% move you'll have to make a decision. Is it worth for me to react to this? I'll have to pay the transfer fee, I'll have to pay the exchange fee and it's going to take a few hours before I can dump it.
All the app is going to do is put you on edge, distract you, when you can't really do anything about it. It's like reading news about a child that died somewhere in another city.
Each user has different preferences of how they set up their trading and investment plans. But of course, I don't think there's much point in using such an app when prices can be monitored in every way via online. Monitoring prices is also less important for long-term investors, but may be important for short-term traders who keep their trading budget on a centralized exchange.

I often use CoinGecko or Coinmarketcap for bitcoin price monitoring or something, but that's only I use it to get real time prices to post something about speculation or to get analysis.
legendary
Activity: 2604
Merit: 1102
May 13, 2023, 02:18:22 PM
#53
^
I stopped with price apps, they were such a waste of time. Let's say you're a short-term investor, who uses price apps, but you self-custody your bitcoin, like you should. Most likely you won't have your wallet on your phone, and even if you do, it's going to take some time before you're able to send it to an exchange and cost you some money. Every time the app shows you a <5% move you'll have to make a decision. Is it worth for me to react to this? I'll have to pay the transfer fee, I'll have to pay the exchange fee and it's going to take a few hours before I can dump it.
All the app is going to do is put you on edge, distract you, when you can't really do anything about it. It's like reading news about a child that died somewhere in another city.
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