Btc will be 120000 USD maximum this 2021

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Quote from: Rana590 on March 22, 2021, 11:55:23 AM

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?

Bitcoin is not illegal in world over the world. In some countries, government don't allow bitcoin as a legal currency. But yes, if new country don't adopt it where Bitcoin is acceptable now then price may vary. In my personal opinion, it can reach up to 100k max.

When we do talk about 100k then this is something on another level when it comes to adoption or recognition.Of course, not all country would really be having the same input or views
towards bitcoin or crypto as a whole.

Talking about 120k for its price to be on this year then its really hard to presume out and if these price movements or behavior would continue upto this year then we wont really able to reach out that level.

but still its good to see that we are really seeing some progress when it comes to adoption which is already a big far compared into the past.

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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?

Bitcoin is not illegal in world over the world. In some countries, government don't allow bitcoin as a legal currency. But yes, if new country don't adopt it where Bitcoin is acceptable now then price may vary. In my personal opinion, it can reach up to 100k max.

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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?

I believe btc will continue to go up until the last days of the year, and just like last time we will start to see the first signs of a bearish run during last days of 2021 as well, before 2022 comes, but it will be just like any other correction we have seen so far and we will not worry about it. After that in 2022 it will definitely go down a lot and make it 70% down by the end, it is going to take some time to reach there but we will have a bear run. I think it will still stay at least 50k+ but at the end of the day it will still be called a crash.

I think it is quite obvious that we are going to go high, will it be 120k or will it be 150k+ I wouldn't know that but I think we will not stop until we see 100k this period and every single bull run in history has ended with a bear run, and then followed by a bull run after that, it is a cycle so there is nothing wrong with a bear run.

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OP, there are already 4 pages here and some are asking where your research is.
I hope you can visit again sometime to fill us in with the details.

Really, it got me so curious. Many people have done this but they showcased a lot of graphs that are mostly difficult to understand.
I am still hoping there is one that is simple but yet graspable. Maybe yours will?

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When 2017's ATH @20k$ happened many said it will be 50k$ the following year but that did not happen. I would not set again my expectation that 120K$ is likely to happen before the year ends. There is still coronavirus pandemic and it is getting worse because of the new variants. I just hope that this won't affect the crypto market in the following months and just stabilize at 50-60k range. I also think that many holders would take profit when it hits $100k so getting at $120k would be difficult.

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Quote from: bitzizzix on March 22, 2021, 03:52:19 AM

OP predictions are just expectations without doing analysis so that there is no detailed explanation that cannot be understood by everyone, and I think it doesn't matter because everyone has the right to predict in their own way and will produce positive comments and explanations.
and if you see the latest developments and good news with bitcoin, it will increase bitcoin price going forward and i am very optimistic that bitcoin price will reach 80k to 100k this year.

I think we already read on many speculations that can happen to bitcoin for this year or next year, and I am sure they have their own targetted on some high price. We can wait for that while we can keep trying to profit in bitcoin and ready to sell at the next high price. Maybe we can say that the next target will be $80k or $100k this year, but we do not know how high bitcoin prices will increase later.

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Quote from: cabron on March 21, 2021, 05:56:45 PM

Quote from: ReiMomo on March 21, 2021, 05:13:43 PM

Quote from: 7788bitcoin on March 21, 2021, 04:02:17 PM

Quote from: carlisle1 on March 21, 2021, 09:03:24 AM

Prediction without any supporting valid information means nothing, you can buy this up and start saving your coin or you can just
treat it as another hype from someone who loves to share their thoughts.

The funny aspect of this market is that you cannot expect someone to have a logic for their predictions most of the time and all they do is i said so and no one cared and this is the common dialogue we hear in the speculation market Cheesy

. Even i used to think when we see rallies which are really high and you cannot find a reason other than huge investments coming in which means the market will rally till the moment these huge investors are willing to invest.

Haha, exactly.

I have still doubt on my mind that bitcoin this year will not even reach the higher ATH of $100k that most speculators anticipated.
We are free to give sp[ecualtion of bitcoin price but at least we should be reliable enough with the source where the speculation comes from. Even supporting a technical analysis or flatten your idea on the previous price graph would make any sense.

I guess it more convincing if OP will add a magic crystal ball for the prediction, Cheesy

(kidding)

He must have based his prediction through the news where banks and institutions had decided to join the bandwagon while the government isn't banning BTC. I doubt there will be banned though but predictions like what OP gave isn't so different from the ones who predicted it could be about $300K. All in all none of the predictions of anyone was right from the beginning that's why it's still speculation and possible that price could go low as before this bullrun.

OP predictions are just expectations without doing analysis so that there is no detailed explanation that cannot be understood by everyone, and I think it doesn't matter because everyone has the right to predict in their own way and will produce positive comments and explanations.
and if you see the latest developments and good news with bitcoin, it will increase bitcoin price going forward and i am very optimistic that bitcoin price will reach 80k to 100k this year.

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Quote from: ReiMomo on March 21, 2021, 05:13:43 PM

Quote from: 7788bitcoin on March 21, 2021, 04:02:17 PM

Quote from: carlisle1 on March 21, 2021, 09:03:24 AM

Prediction without any supporting valid information means nothing, you can buy this up and start saving your coin or you can just
treat it as another hype from someone who loves to share their thoughts.

The funny aspect of this market is that you cannot expect someone to have a logic for their predictions most of the time and all they do is i said so and no one cared and this is the common dialogue we hear in the speculation market Cheesy

. Even i used to think when we see rallies which are really high and you cannot find a reason other than huge investments coming in which means the market will rally till the moment these huge investors are willing to invest.

Haha, exactly.

I have still doubt on my mind that bitcoin this year will not even reach the higher ATH of $100k that most speculators anticipated.
We are free to give sp[ecualtion of bitcoin price but at least we should be reliable enough with the source where the speculation comes from. Even supporting a technical analysis or flatten your idea on the previous price graph would make any sense.

I guess it more convincing if OP will add a magic crystal ball for the prediction, Cheesy

(kidding)

He must have based his prediction through the news where banks and institutions had decided to join the bandwagon while the government isn't banning BTC. I doubt there will be banned though but predictions like what OP gave isn't so different from the ones who predicted it could be about $300K. All in all none of the predictions of anyone was right from the beginning that's why it's still speculation and possible that price could go low as before this bullrun.

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Quote from: 7788bitcoin on March 21, 2021, 04:02:17 PM

Quote from: carlisle1 on March 21, 2021, 09:03:24 AM

Prediction without any supporting valid information means nothing, you can buy this up and start saving your coin or you can just
treat it as another hype from someone who loves to share their thoughts.

The funny aspect of this market is that you cannot expect someone to have a logic for their predictions most of the time and all they do is i said so and no one cared and this is the common dialogue we hear in the speculation market Cheesy

. Even i used to think when we see rallies which are really high and you cannot find a reason other than huge investments coming in which means the market will rally till the moment these huge investors are willing to invest.

Haha, exactly.

I have still doubt on my mind that bitcoin this year will not even reach the higher ATH of $100k that most speculators anticipated.
We are free to give sp[ecualtion of bitcoin price but at least we should be reliable enough with the source where the speculation comes from. Even supporting a technical analysis or flatten your idea on the previous price graph would make any sense.

I guess it more convincing if OP will add a magic crystal ball for the prediction, Cheesy

(kidding)

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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?

You are too fast to say the maximum price of Bitcoin this year is 120K. If your research based on chart analysis it's not enough. This year as same as 2017 the chart analysis is not enough to predict the Bitcoin price. The Bitcoin next target is 70K and we are still in the early Bullrun and turn into 2x from the current price is so possible so for me 140K-200K

7788bitcoin

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Quote from: carlisle1 on March 21, 2021, 09:03:24 AM

Prediction without any supporting valid information means nothing, you can buy this up and start saving your coin or you can just
treat it as another hype from someone who loves to share their thoughts.

The funny aspect of this market is that you cannot expect someone to have a logic for their predictions most of the time and all they do is i said so and no one cared and this is the common dialogue we hear in the speculation market Cheesy

. Even i used to think when we see rallies which are really high and you cannot find a reason other than huge investments coming in which means the market will rally till the moment these huge investors are willing to invest.

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Quote from: Dave1 on March 21, 2021, 07:13:44 AM

I think it's fair prediction though, $100k is doable this year, we have seen $60k already, and highly likely that in the next couple of months $70k-$90k will be breached and then before the end of the year, 6 digits is within reach. And if it did get to $100k, I don't think we will reach the top as well, I believed that there will be more investors if we reach 6 digit as bitcoin is becoming the worlds best asset, surpassing stocks or even gold now.

We do not know how the future of the market, which is clear this is very open to all when the market is good, then BTC can go beyond what has been predicted.
So this might happen we will pass some challenges that must be faced by $40k reaching 100k we can pass if the conditions are good going forward, but I am still worried that a big correction might panic beat all of them, because there FOMO happens and just like that. they took off lower prices because of FOMO.

I admit that bitcoin will be the best asset that can beat other assets. with such high value in the future.

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Quote from: Poker Player on March 21, 2021, 07:17:06 AM

I've seen many predictions that give a higher price than that $120k, although the OP doesn't state his reasons, and it looks like a hunch to me.

Prediction without any supporting valid information means nothing, you can buy this up and start saving your coin or you can just

treat it as another hype from someone who loves to share their thoughts.

Quote

What seems clear is that this cycle we pass $100k no matter what.

Yeah right, it will happen along the way, just not have the accurate time frame but it will happen.

Quote

With growing demand by more and more institutions and limited supply, a catastrophe would have to happen for that not to be the case.

Those reasons are valid to see this asset to grow without any limitations.

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I've seen many predictions that give a higher price than that $120k, although the OP doesn't state his reasons, and it looks like a hunch to me. What seems clear is that this cycle we pass $100k no matter what. With growing demand by more and more institutions and limited supply, a catastrophe would have to happen for that not to be the case.

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Quote from: Febo on March 20, 2021, 05:11:48 PM

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 something happened it may vary.

It is a fair price. My prediction is somewhere between $100-200k. Yes I know that is a wide price range, but for Bitcoin it is not. Top is totally irrelevant anyway. Since it will happen only for a second and no one will be able to sell at that price. More important is what will be an average price of next Bitcoin cycle. Let say last cycle medium price was $6000 to $10000. What will be medium price now? If ATH will be $200k, then in the next 4 years we can expect Bitcoin price to hang between $60k and $100k. If ATH will really be at $120k then between $35 and $60k.

I think it's fair prediction though, $100k is doable this year, we have seen $60k already, and highly likely that in the next couple of months $70k-$90k will be breached and then before the end of the year, 6 digits is within reach. And if it did get to $100k, I don't think we will reach the top as well, I believed that there will be more investors if we reach 6 digit as bitcoin is becoming the worlds best asset, surpassing stocks or even gold now.

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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 don't mind, sharing your gathered data here in this forum would highly be appreciated so that we can make an argument or verify if your conclusion was reasonable because if you do not I would assume that it was all only a prediction and everyone can do that. However, I also believed that Bitcoin is not yet done, it would grow even more though I am not so sure what exactly amount will be the peak, I hope 120k will happen. With regards to the prohibition of some countries, it may have an impact on the crypto especially if that country holds a huge number of big investors.

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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 something happened it may vary.

It is a fair price. My prediction is somewhere between $100-200k. Yes I know that is a wide price range, but for Bitcoin it is not. Top is totally irrelevant anyway. Since it will happen only for a second and no one will be able to sell at that price. More important is what will be an average price of next Bitcoin cycle. Let say last cycle medium price was $6000 to $10000. What will be medium price now? If ATH will be $200k, then in the next 4 years we can expect Bitcoin price to hang between $60k and $100k. If ATH will really be at $120k then between $35 and $60k.

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Quote from: chikading2016 on March 17, 2021, 01:37:10 AM

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?

Well i think btc will rise at the last month of the year but it will not reach 120k$ i think it will rise up to 100k$ in minimum, it will reach 120k$ but in a long period of time this was my speculation based on the price movement. Maybe we still need to always look at the market situation because anytime price may change.

I am pretty sure if we can break over 100k, we could reach 120k as well there isn't a big difference between those prices, 20% increase is nothing in the crypto world, people rarely even mention those type of increases when it happens.

I believe we will be at least 150k if you ask me, it looks more and more possible by the looks of it, spring is usually a period where prices increase and that is going to matter a lot, if we can get the price to increase near to 100k levels during this spring, even if we fail to go above it, if we are near it, that means we could see above 150k+ by December, we all know Decembers are a big increasing period for bitcoin.

Long story short we need a lot of things to go right, who knows maybe we will end with a 10k dollar price, but I just do not think that dropping is in the near future, maybe in 2022 we will drop a bit.

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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?

I believe that no one can predict bitcoin price, and we can see that the market is high on volatility and it always change day by day. The bitcoin has a great volume on the first quarter of the year 2021 so in my prediction i also believe that bitcoin will rise but for me it will not reach 120k$ maybe it will have a maximum price of 100k$, but this is only a prediction as what you have said it will depend on the government or in every issue that may take place on bitcoin market.

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Quote from: Dollar_Hunter on March 17, 2021, 01:27:55 PM

I think $ 120k is not the highest level in the bullrun this time, but I chose $ 250k to be the highest level in this bullrun,
maybe the peak will be in 2022, or the end of 2021, indeed many experts predict bitcoin will reach $ 380k,
however it's only limited to fomo, don't believe too much in predictions, just hold on and make sure you monitor it.

I agree with this, some predictions only created FOMO, so people should not trust it, because prediction can become real or not. Actually, we don't need to hear any prediction, just hold Bitcoin and always monitor the price, or buy more and more to prepare the next bullrun

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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?

I think $ 120k is not the highest level in the bullrun this time, but I chose $ 250k to be the highest level in this bullrun,
maybe the peak will be in 2022, or the end of 2021, indeed many experts predict bitcoin will reach $ 380k,
however it's only limited to fomo, don't believe too much in predictions, just hold on and make sure you monitor it.

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Quote from: jjdub7 on March 16, 2021, 06:19:13 AM

The key to closing the price of Bitcoin with its sixth consecutive positive month will be the level of support formed by the convergence of the 50-day moving average and the highest value since January 8 around $ 42,500.

That's quite interesting and if this bull continue to show strenght then we might see more

rise than the current OP's target, There's no impossible as there are now new investors

who are really adding up to this market, they are bringing this investment currency to another

high,.

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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?

Well i think btc will rise at the last month of the year but it will not reach 120k$ i think it will rise up to 100k$ in minimum, it will reach 120k$ but in a long period of time this was my speculation based on the price movement. Maybe we still need to always look at the market situation because anytime price may change.

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In fact, if observing the movement of Bitcoin in 2021, it is beyond the expectations of many people, no one would have thought Bitcoin could rise
this high. I don't know how to do the research that the opening post did, but the results of the research that the opening post did are almost
the same as my prediction for Bitcoin. I have been predicting since February that the price of Bitcoin by the end of this year will likely hit
a price of $ 100k, not much different from the research results of the opening post which said it will hit a price of $ 120k this year.

Regarding the government will ban Bitcoin, I don't think the government will do that. Because I believe the government also knows Bitcoin helps
the economy of many people, so I am sure the government will not ban Bitcoin.

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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?

I think No, Bitcoin will over 120K, and no one knows the exact maximum price. I remember in 2017 so many people predict that Bitcoin will reach the max of 6K-7K but Bitcoin prove it that can over the prediction. And maybe that this year will do the same, if many people predict 120K-150K maybe Bitcoin will prove it again

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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?

I can't exactly say the accurate predictions going to that price of $120k, because everything with bitcoin is really unpredictable nowadays. Most probably we will able to reach that price but not having an assurance to be this year. In my personal projections, I think price will stabilized at around $60k -70k before 2021 ends.

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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?

more and more day after day those who buy Bitcoin are smart...
prohibit Bitcoin = prohibit large crowds. countries that ban Bitcoin will not be 100% effective. we still have tor and VPN networks so that ban is useless. going forward, the price of Bitcoin will no longer be affected by news like a country that ban Bitcoin.

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Quote from: Om.monata on March 16, 2021, 09:24:11 AM

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

~~~

predictions are predictions, you can predict that. but it is the market that determines the price of bitcoin this year. Even in making predictions, you must take into account the risk of correction. So maybe the price of bitcoin can increase 20% from now as a safe point this year.

Everyone has their own prediction. When the market is on an up trend, a lot of expert people come out in the market whose activities are to give different predictions. So no trade should be made based on the prediction of another trader, you must use your own experience in that situation so that you can take more advantage of the market. However, the way Bitcoin has performed this year, it is not impossible for Bitcoin to reach this target.

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Quote from: bitzizzix on March 16, 2021, 10:02:15 AM

Actually, empty predictions without graphics or explanations that can support them so that they are easy to understand have often happened in this forum.
but it will be interesting because there will be different comments and some that explain the truth, and in my opinion everyone has the right to predict but that doesn't mean it's easy to believe it because predictions can also happen according to expectations and without doing analysis, and let bitcoin move as it is and us have their own strategies and plans and what happens is still normal.

I completely agree with your opinion. Personally, I perceive all these conversations only as communication with each other and in order to understand what people think about, and since I cannot fully conduct an analysis to obtain forecasts for the near future, I always use authoritative sources of analytical companies. Based on this, I will not analyze, but personally I expect quite promising events until the end of 2021. And this applies not only to Bitcoin, but also to other rated cryptocurrencies.

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Actually, empty predictions without graphics or explanations that can support them so that they are easy to understand have often happened in this forum.
but it will be interesting because there will be different comments and some that explain the truth, and in my opinion everyone has the right to predict but that doesn't mean it's easy to believe it because predictions can also happen according to expectations and without doing analysis, and let bitcoin move as it is and us have their own strategies and plans and what happens is still normal.

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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?

predictions are predictions, you can predict that. but it is the market that determines the price of bitcoin this year. Even in making predictions, you must take into account the risk of correction. So maybe the price of bitcoin can increase 20% from now as a safe point this year.

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a lot of people are saying this and it dosent hold any water. what would make this happen, will the bull run be for more longer time, these are part of many questions you need to answer and state a good facts of why bitcoin will attain this price. its easy to name a price prediction but not easy to back it up with a good reason.

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Quote from: jjdub7 on March 16, 2021, 06:19:13 AM

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?

Such a long-term rise in the price of Bitcoin has not happened since 2013. However, Bitcoin seems prepared for a downward momentum, according to many people.

Due to the weak basic technical characteristics, it would not be a surprise to see how the price of BTC again tested the low value from February 28 at 43,200 dollars to push some owners out of the market.

If BTC gains momentum instead, the short-term profit targets are fib extension levels of 1.618 and 2.618 of the current adjustment. These price targets are $ 67,000 and $ 81,500, respectively.

The key to closing the price of Bitcoin with its sixth consecutive positive month will be the level of support formed by the convergence of the 50-day moving average and the highest value since January 8 around $ 42,500.

It is a nice analysis first of all. The 67k-dollar target actually seems like not too hard for Bitcoin for now as it just reached a new ath three days ago ($61,683). I believe that we can see the price to reach the first target soon. But I think it may be quite hard for it to reach $81,500 in a few months at least.

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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?

Your Personal search should have at least graphs or supporting explanation and not just like this that sounds like a story telling or something like.
Giving prediction must be near reality and not to be a Hearsay type of conversation.

Quote from: bitcoin-shark on March 16, 2021, 04:01:42 AM

my opinion is that if there is no bad news concerning him by the end of the year he will easily manage to reach at least $ 100k for the medium-long future instead there are no limits to its maximum value

Lol for what reason? if there is no negativity we will hit 100k easily, where did you learn that , and how would that be "EASY"?

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my opinion is that if there is no bad news concerning him by the end of the year he will easily manage to reach at least $ 100k for the medium-long future instead there are no limits to its maximum value

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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?

Such a long-term rise in the price of Bitcoin has not happened since 2013. However, Bitcoin seems prepared for a downward momentum, according to many people.

Due to the weak basic technical characteristics, it would not be a surprise to see how the price of BTC again tested the low value from February 28 at 43,200 dollars to push some owners out of the market.

If BTC gains momentum instead, the short-term profit targets are fib extension levels of 1.618 and 2.618 of the current adjustment. These price targets are $ 67,000 and $ 81,500, respectively.

The key to closing the price of Bitcoin with its sixth consecutive positive month will be the level of support formed by the convergence of the 50-day moving average and the highest value since January 8 around $ 42,500.

madhursatija

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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?

Are you sure or do you want to increase it more? 🚀

Expecto

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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?

I would be glad if you shared what you found when you did a research. It could have been easier to discuss about it. It looks like you made a prediction based on the older prices in the last periods. In my opinion, the highest ATH could be 100k dollars and then with the start of 2022, we may see the price dropping sharply to much lower levels.

tinopener

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I reckon the United Nations climate conference this year will be the biggest threat to the Bitcoin price.

If Janet Yellen is calling Bitcoin inefficient, then it will translate through to that conference.

Don't forget that covid has put off the bitcoin energy debate because people have been at home tinkering and trading for leisure.

Until the entire Bitcoin community including Elon Musk, miners and the whales can come up with a way to make Bitcoin completely self-sustainable for energy...

...then the climate warriors will vanquish Bitcoin, because there is no contest.

shoreno

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you dont just predict but you predict confidently by putting the exact amount plus with the word "maximum" . maximum means no extra whatsoever ? but 120k was already a fine amount and i think we couldnt ask for more only for this year but sooner when we get used to this same price , expect that people are going to demand again for another high .

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

I have researched and its my personal research. as per the conclusion But if a government ban or somthing happended it may vary.

of course it was personal because that was yours but i dont expect new countries will ban a btc but maybe old countries only are going to declare a ban and unban because that was thier sickness but that doesnt affect the price anymore .

Shasha80

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It makes perfect sense in your prediction that Bitcoin could reach a price of $ 120k this year, especially since Bitcoin's rise is quite fast at this point
in time. Let's see, when entering the beginning of this year Bitcoin only rose to a price of $ 30k, but in just 2 months Bitcoin could rise to
a price of $ 61k. For me this is very crazy, even in my life only now I can feel a very large profit in just 2 months. Even though there is a FUD from
the government, I believe it doesn't have much influence on Bitcoin's price movements. Because right now I think Bitcoin really can't be stopped,
the price will continue to rise.

bnb2021

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I think it is possible that Bitcoin will go up to 120K, but along the way it will meet the sideway market so 120k might not happen this year. Grin

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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?

many people have predicted that this year the price of Bitcoin will definitely increase very high, but if indeed the price of Bitcoin can increase by $120k, then it makes me believe that in the future the price of Bitcoin can increase by at least $500k (in the next 3-5 years if there is no severe correction like 2018), but can you show your research? so I can be even more confident that the price of Bitcoin can reach $120k this year.

batang_bitcoin

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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.

Where's your research? But you know what, most were telling about near to that price but a bit lower @ $100k. That's what the speculation of many on how much bitcoin will end for this year.

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

But if a government ban or somthing happended it may vary.

How about your thoughts?

Even if with the government ban for other countries, it wouldn't matter. The pandemic started last year and we've all assumed that it would be bad for bitcoin but it showed that it's not affected by any issue that rotates in the world and also with government issues.

DarkDays

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Quote from: ecnalubma on March 15, 2021, 10:21:32 AM

It would be more realistic if you supported thought with the result of your research. Yeah no doubt its a bullish year but we cannot guarantee that result, there are a lot of factors that your conclusions might happen or not. Like you said an inevitably government ban can happen in some countries, however the chances of countries rejecting Bitcoin is getting slimmer so adoption is really at boosted stage.

I understand your scepticism but it could be possible if this uptrend continues in the way it has lately. Yeah, there will be downtrends for sure, as you would expect from a healthy dynamic market with lots of volume but the overall trend does look promising for the future of BTC - no longer will you be able to buy BTC for under 15K Shocked

To indulge in this scepticism a little (which I think is absolutely valid) it may be that 120K is a little too high but regions of 70-100K in my opinion look more of a closer tangent Wink

Slow death

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as strange as it seems to see $120,000 this year and something possible it is enough that we see more billionaires buying bitcoin and going on twitter to speak well of bitcoin, in other words we need more demand just that because few people are willing to sell bitcoin and the miners are left those that sell more bitcoins, with this scenario the price will increase a lot from time to time. So $120,000 is a realistic price for this year, strange that when I saw the title I thought it was some prediction by Tom Lee or some other analyst

Quote from: veznata on March 15, 2021, 01:40:31 PM

that price level can be reached much earlier (why not june-august) than end of 2021. absolutely possible if remember what happened during last 2 cycles.

maybe OP didn't want to take any chances talking about these months and then his forecast fails, so talking about the end of the year leaves room for his forecast to be correct

Asuspawer09

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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?

I mean it's always possible to reach that price in the market especially in bitcoin that already has a solid foundation in the market and so many investors.

For me, it's obviously going to be a tough thing to reach that price in the market, and it's going to be a lot of dumps first before even reaching the 100k$ mark in the market.

Bitcoin is always a good long-term investment for sure that is why it is still a good opportunity to buy bitcoin even at 50k$ because it still has the potential to even reach a million dollars in the market. People just need to be aware when it comes to the end of the bull run because it could make a huge dump in the market price of bitcoin.

veznata

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that price level can be reached much earlier (why not june-august) than end of 2021. absolutely possible if remember what happened during last 2 cycles. from what I learned reading many forums during past 10 years people tend to be conservative about price jumps (I mean they guess much lower price than the real one) while at the other side they predict much worse scenario than it happens (I mean many screaming it will go to zero this time when serious price corrections begin). personally I neglect the option that bitcoin price at december 31, 2021 be lower that today's price

taufik123

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Getting to your predicted price of $ 120k is certainly not that easy. There will be many obstacles to face. You also have to provide a technical analysis of your claim that bitcoin is capable of reaching $ 120k, if you just give a text and say bitcoin will reach that price, people will not believe it.

Many will affect the price of bitcoin, everything can happen in an instant, but to reach that price it takes a process and who knows how long it will be achieved.

MinoRaiola

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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?

The current Bitcoin rally is in full swing. According to Ben Lilly, an analyst at Jarvis Labs, we have not yet reached the peak: "The last time we saw such aggressive buying was in August 2017. The top was only seen four months later." At the moment, Bitcoin in particular is buying -Whales, so big addresses, pieces on. The observation of such bulging wallets led to a good forecast of the length of the rally in 2017. I see $ 100,000 or more realistically this year. That in% is not really much anymore. We are used to other sums.

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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.

LOL
you only reveal the conclusion? what's not too hasty. if you have done research by going through scientific research procedures then give us that scientific paper. since this doesn't belong to the realm of research, it's just speculation that we hear a lot. Everyone can speculate easily, but your research can prove how credible your conclusions are supported by strong sources and references. Your arguments can be taken into consideration rather than speculation.
I am neither an analyst nor a researcher. it's just that as far as I know if it's related to research, then I want to know the extent of your research.
what research procedure did you use? qualitative or quantitative (based on data manipulation) taking conclusions or hypotheses even if it determines you have expertise, so please give us something you found out about the price of bitcoin this year.

Golftech

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Quote from: ecnalubma on March 15, 2021, 10:21:32 AM

It would be more realistic if you supported thought with the result of your research. Yeah no doubt its a bullish year but we cannot guarantee that result, there are a lot of factors that your conclusions might happen or not. Like you said an inevitably government ban can happen in some countries, however the chances of countries rejecting Bitcoin is getting slimmer so adoption is really at boosted stage.

Most of the comments are pointing with data to show about this research, It's tough to say

what future will bring to this industry, there's no accurate overview just pure speculation,

but what matter most are the government, if they'll interfere the impact may bring this market

down.

mr_ROBOTT

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It is better to show this personal research by drawing diagrams and showing patterns so that we can come across the evidence of this research, otherwise you are the only one who has spoken and we can all talk about astronomical prices without having evidence.
But depending on the market conditions and the decision of the governments, I predict bitcoin in the range of $80,000 to $100,000, which will increase the support according to the conditions of the governments and the level of bitcoin mining.

elisabetheva

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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?

no one can deny that in crypto everything can happen and nothing is impossible.
but what your research is based on so as to bring out as much value breakdown as you say.
at least I also want to know the method and form of your research, which can finally get that number, because at least I know how or at least I can also believe what you are researching.

of course everyone also hopes for the best from bitcoin because it will have an impact on other coins and all will be able to feel and enjoy the results.

aysg76

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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?

Your speculations are much higher compared to the predictable outcomes which states that even after surviving crash and dips btc prices will rise to $70-$80k by the end of 2021.What calculations you are using for such speculations I don't know and you can share on this forum your thought and trade expert can correct if you are wrong.Moreover if a particular Country with large crypto users take a step to ban Bitcoin then it could have negative affects on prices for short period otherwise no significant effect on prices will ocuur if the decision is made by less crypto friendly country which most probably don't need such types of bans as they don't have much users.So $120k is still far away from this year expectations as you are expecting 100% growth which have less chances this year but 2022 its for sure to have such prices.

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It would be more realistic if you supported thought with the result of your research. Yeah no doubt its a bullish year but we cannot guarantee that result, there are a lot of factors that your conclusions might happen or not. Like you said an inevitably government ban can happen in some countries, however the chances of countries rejecting Bitcoin is getting slimmer so adoption is really at boosted stage.

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The price could exceed $120,000 in 2021 for sure. We are not even half way through this bull run, I think even $300,000 is a real possibility this year. Let’s see how it plays out.

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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?

Which type of research it is? I think this is your guess only. And which government do you indicate? All government in the world? This is not gonna happening that all the government ban Bitcoin in the same time. Some government will ban but not all. And those don't affect much in Bitcoin price.

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Quote from: 7788bitcoin on March 15, 2021, 05:10:54 AM

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

.

Maybe he just searched for "what is the maximum price that bitcoin will reached this 2021?"

I don't think that he really made a research about this and I also don't think that he understands how bitcoin works in the market.

Many people are giving predictions and speculations without basis that can really destroy their expectation as a bitcoin investor. Also there are really more countries who are already against bitcoin but that somehow doesn't matter about the bitcoin's price. He probably didn't made any calculations but he maybe he just say it based on google or any other sources of not enough information.

Innerpumper

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even if the government bans bitcoin it won't make bitcoin go backwards, just wait longer, if the whole country fully makes bitcoin the country's currency that will make their country destroyed, there has to be a balance between fiat and bitcoin.

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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.

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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.

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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?

Topic: Btc will be 120000 USD maximum this 2021 (Read 627 times)