Btc will be 120000 USD maximum this 2021 - page 4.

tranthidung

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Quote from: udayantha11 on March 15, 2021, 04:45:57 AM

I have researched and its my personal research. as per the conclusion . BTC will be 120K in this bull run.

You simply said a price and did not give us any more details to discuss with you. Anyone can say so and if you did a research for that conclusion, please share more for more informative discussion.

Generally, we never know where will be the new all time high (the maximum) price of bitcoin for this bull run. We only know the all time high for each 4 year bull run when we look retrospectively at the price chart. We can not say it correctly when it has not yet happened.

If most people think bitcoin will hit $100,000 it might touch $120,000 or $150,000 as the more people believe $100,000 is the max price, the more of them will short bitcoin. Consequently, liquidations on short positions will bring bitcoin price to 20% or 50% higher. It is possible.

masterrex

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Quote from: udayantha11 on March 15, 2021, 04:45:57 AM

I have researched and its my personal research. as per the conclusion . BTC will be 120K in this bull run. But if a government ban or somthing happended it may vary.

How about your thoughts?

This is the crypto space and the speculation is a part of the system and because of that reality, I believe anything can happen including the predicted $120K price per Bitcoin. But regarding the government intervention and regulation, I might say that we cannot confirm it unless it was really happening but I'm hoping that it won't really happen because it can cause a negative impact on the entire crypto industry.

k@suy

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Quote from: Oasisman on March 15, 2021, 05:40:59 AM

It could be a more interesting topic discussion If you specified the result of your research in the OP. It's inevitable for people to think that you're just making up these numbers out of your random thoughts based on how bullish Bitcoin was.
I personally would like to see a 6 digit Btc figure, but despite of how bullish Btc since the 4th quarter of 2020, that's still a long way and a lot of changes will be made.

A proof of OP's research like the link of the certain topic he read should be posted here in the thread as a supporting details on his research and also to prevent confusion to each and everyone. Based on my own interpretation of the market today we're too far from the reality of attaining new ATH of bitcoin having a value of $120,000 to be maximum because as i've check the blockfolio recently from yesterday's $59,999 it drop down to $54,000 tonight.

hulla

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Although Bitcoin is a speculative product, its price prediction shouldn't be analyzed mathematically or using the current positive price momentum of the market which can switch anytime for no reason. The last time I checked the major price predicted by most price analyzers is $100K and it will be nice if the OP could enlighten us more about what he used to make his prediction.
Having said that, the ban of Bitcoin by the government seems to be out of the picture ever since the institutional investor join crypto investment but the Bitcoin ban still experiences a ban in third and fourth world countries.

cryptomaniac_xxx

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Quote from: udayantha11 on March 15, 2021, 04:45:57 AM

I have researched and its my personal research. as per the conclusion . BTC will be 120K in this bull run. But if a government ban or somthing happended it may vary.

How about your thoughts?

It could hit 6 digits figure if the bull run continues up to the end of the year. Government banning will just have a short effect on the price, but we all know that bitcoin is decentralized so I doubt that it can be stop, not even by the government. Anyway, there are a lot of predictions that bitcoin will hit at least $100k so, let's see how it goes.

DoublerHunter

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Quote from: udayantha11 on March 15, 2021, 04:45:57 AM

I have researched and its my personal research. as per the conclusion . BTC will be 120K in this bull run. But if a government ban or somthing happended it may vary.

How about your thoughts?

^ This must on the speculation board please move it there.
Every one of us can give free speculation of BTC price, but this is not helpful if you are based on the fact and rumors. Probably it is convincing if you have a technical explanation about this prediction that you have said. Where this speculation come from? Do you have a crystal on this and simply guess the possible price of BTC in the future? Nevertheless, there is doubt BTC price will pump up at the end of this year, but there is no accurate price range.

Rruchi man

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If this prediction is based on facts, please state your facts clearly, however if this your is no research and just mere emotional speculation, then i would say it is nice you are thinking big.

Kong Hey Pakboy

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That is not exactly how someone with a research will say their predictions, to make sure that their claim is worth looking into, they have the evidences, they will provide context in the OP because some people will be lazy to read if there are external links provided, external links for the research is provided, and the credibility of the researcher is also provided. Now if those things that I listed were in checkbox form, I am glad to say that OP left everything unchecked. But seriously, everyone has been speculating the price of bitcoin, and everyone thinks it will stop at some point. Also, why do an extensive research on something that is easily speculated, I mean anyone can say that it will stop at that price.

romero121

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Everyone can say this, if there is no obstacles and continued adoption bitcoin will reach above $120k. If there happens some form of ban, the results will vary. How the research is being made, what is the number of samples. How many users were surveyed to get such an outcome. What you've stated is a blank prediction, but there is increased chance for this to happen before the ongoing year end. With that , we've got more time to invest on bitcoin and other cryptocurrencies.

Oasisman

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It could be a more interesting topic discussion If you specified the result of your research in the OP. It's inevitable for people to think that you're just making up these numbers out of your random thoughts based on how bullish Bitcoin was.
I personally would like to see a 6 digit Btc figure, but despite of how bullish Btc since the 4th quarter of 2020, that's still a long way and a lot of changes will be made.

ethereumhunter

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Quote from: udayantha11 on March 15, 2021, 04:45:57 AM

I have researched and its my personal research. as per the conclusion . BTC will be 120K in this bull run. But if a government ban or somthing happended it may vary.

How about your thoughts?

If that is the highest price of bitcoin this year, I am sure we will want to sell at that price. But unfortunately, we do not know if that can happen and when it will happen. But I hope that your prediction can happen in the next month so we can back to make a bigger profit again. I think the government will not ban crypto, but we do not know for sure. We hope that the government accept crypto and let their people use crypto without worry.

dimonstration

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When you said you did a research better show some proof or calculation how you come up with those numbers. It's easy to say and speculate but no one will ever believed in the value since you didn't show or represent any basis or example. This topic will be questioned by many since OP mentioned a exact number, though I know there's no one who will believe but maybe when you show some proof they will after.

7788bitcoin

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Quote from: udayantha11 on March 15, 2021, 04:45:57 AM

I have researched and its my personal research. as per the conclusion . BTC will be 120K in this bull run. But if a government ban or somthing happended it may vary.

How about your thoughts?

If you did any meaningful research for real you need to publish all the research papers so that everyone could verify what you are talking about. There are 195 countries and which government ban could affect the price and what is the price variance you are talking about with each government ban from one country to the other and what calculation methods you used Tongue

.

Hope you understand the difference between research and search Grin

.

aoluain

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Quote from: udayantha11 on March 15, 2021, 04:45:57 AM

I have researched and its my personal research. as per the conclusion . BTC will be 120K in this bull run. But if a government ban or somthing happended it may vary.

How about your thoughts?

Can you give us any further information on how you deduced this assesment?

How long will "this bull run" continue for? I am taking it that you and many others
expect January 2022 is when there will be a "crash". The theory behind this way
of thinking is "welll it happened in 2017/2018, so its going to happen again"

"A govennment ban or something" wont change Bitcoins popularity or value much
after all it would just be 1 government acting alone as ha happened on many
occasions previously.

This goes against how most developed countires are treating Bitcoin, they are not
banning it, they are trying to regulate the entry and exit points to and from Bitcoin.

udayantha11

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2023 would most likely be as bearish as 2022

I have researched and its my personal research. as per the conclusion . BTC will be 120K in this bull run. But if a government ban or somthing happended it may vary.

How about your thoughts?

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