Yeah the bull is really the craziest because btc has managed to pump till 40k and only few alts where able to rise on similar pattern, rest of the majority are either stagnant or increase with 1-2%, nothing compare to previous bull run when everything moon,
No one can tell this things about price and all that if not everyone will have opportunity to be prepared.
Topic: Don't ask about the price. No one knows! (Read 597 times)
No one knows what would happen next so let's just enjoy it.
I didn't even believe nor think that it would get back at $19K last year because of the pandemic,
I was expecting it to slowly go down but it was the other way around.
I didn't even believe nor think that it would get back at $19K last year because of the pandemic,
I was expecting it to slowly go down but it was the other way around.
Btc is in a parabolic. We will go to 90k. Why this correction won't happen this soon. S & p 500 correlate with btc. We just had a double dip in 2018 and 2020. N now its straight up..
Bitcoin seems to me to be the same as a natural disaster, no one can determine when it will happen, and so can bitcoin, one cannot determine its rise or decrease. If you look at the previous year bitcoin has increased or decreased, we can only try and be patient.
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- Bitcoin will crash just like in 2017.
- Bitcoin will reach $40k+
- Bitcoin will fall to $20k and get back to the current price.
Bitcoin will reach $40k. Sure I agree with you and it is a matter of time. Around May of 2021, bitcoin might pass through $40k (or sooner) as it is one year anniversary for the 2020 halving.
Bitcoin will dip back to $20k (or below a little). It is possible but believe me bitcoin will not even reach to the current price ($33200) but it will set up a new all time high.
No one know can tell the actual time Bitcoin will reach $40K but I expect it to dump below $20K price next year. Bitcoin will dip back to $20k (or below a little). It is possible but believe me bitcoin will not even reach to the current price ($33200) but it will set up a new all time high.
Every investment carries risks, and no one can guarantee you the future price. Especially when it comes to cryptocurrencies. Sometimes, cryptocurrencies can surprise even analysts who have years of experience. However, by following the market and technical analysis, everybody can form their own opinion.
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Bitcoin made several ATHs this week. (but, still, is undervalued IMO Roll Eyes )
Saying that Bitcoin is undervalued or overvalued is still a speculation,so you are kinda contradicting to yourself.
There is a Speculation sub-forum,so we can speculate about the future price of Bitcoin there.
The problem is that many price speculation threads were posted on other sub-forums,which is kinda annoying.
Right now,the price is pretty stable at around 31K USD,so nobody knows where it will go,is the bull run exhausted,is there enough support for higher growth,what caused the bull run...There are too many questions and nobody can answer them.
Yes, you're correct in that nobody knows about price predictions. True. Still, however, 32k -> 40k is not that big of a jump. 25% is achievable, considering BTC has done 30x over the past few years.
Knowing is different but one should understand for a fact that during a pandemic we did hit such high amount. Since years we were talking about ATH and how 2017 was a good year for bitcoins but never expected it to hit 33+.
Let me quote something from Investopedia:
Theoretically? I wonder what parameters they did or what basis they had to support their own theory Let me quote something from Investopedia:
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Theoretically, this price could rise to at least $100,000 sometime in 2021 based on the stock-to-flow model shown above. Some investment firms have made Bitcoin price predictions based on these fundamental analysis and scarcity models.
? Don't get me wrong I'm curious only. Nonetheless, I hope it will happen for real (cross fingers). I'm glad that I made the right decision — that I continue holding even right after the moment that a new ath recorded.Ooh, there are so many ideas running on my mind already. Because if the price hike continues then I might say that I can already afford a decent vacation using my savings or buy a DSLR and so much more. Seems true that 2021 will be a good year for us.
People have different perspectives regarding on what will be the possible or future price of Bitcoin if it will get into a dip or bubble just like what happened to year 2017 recorded first ATH or it will just continue to rise up now approaching the $40,000 price mark. Even which both sides you do believe, literally and seriously speaking, no one literally knows what could possibly happen on the price of Bitcoin. Most hearsay are just their own opinion, perspective and speculation regarding on the possibilities of outcomes to make happen but no one can truly know what can happen over time. Instead of stressing out on futuristic views, better just focus on the present and seek for better opportunities available to make your funds grow. It will come as it is intended. Better not to rush things out for it will happen in no time.
In investing on bitcoin one should not be afraid of the present price but understand that is a long time investment. Is a nature of bit coin to rise at anytime, to fall at anytime, and to rise again at anytime
Yes! That reminder should be extracted and taken of those people that are expecting it to crash. Whether it will be back to $20k, well that's still an ATH price of the past and is a good price, isn't it? We have no idea how long this bull run would last but we're all feeling the same that there's a bigger price and crazier run that it will bring for the rest of this year.
Well, that is right. No one really knows the bitcoin price and see what is in the future of bitcoin price. I always these words that bitcoin is unpredictable and no one knows, good thing there's a thread like this so that members will ask repeatedly about the future of bitcoin even though it is clear that it is really unpredictable.
But every one of us is free to predict the market price, we are entitled to do this either your prediction is negative or positive towards bitcoin price.
The support seems to be $29k and that's still a good price knowing that this is just the start of the year. And last year the lowest was $4900. That's quite a good deal, right?
Currently no one can actually tell the price of BTC it's all base on speculations. We should let time work everything out gradually and let see how far it can take us. In crypto world anything is possible...
This market had been unpredictable since from the beginning and if it was predictable then majority of us now are rich ones yet we would able to know on where it would be going.
Also, it cant be called a market if price movements were known.We had been dealing with countless numbers of speculations and presumptions towards the price.
No one will know on what would happen next in the market but we can somewhat assure or do presume that this one is really having some big potential as we saw
that big companies now are trying to adopt it.
Yes, its usual case whenever Bitcoin pumps we might see numerous threads with some realistic and unrealistic predictions vice versa when it dumps. This bull run is entirely different than the one we witnessed in 2017 and either Bitcoin will cross an unexpected figure which we wouldn't have assumed just like it crossed $34k before dropping a bit when we were expecting Bitcoin to cross $10k around December 2019 - January 2020, but what happens if it drops down which might not happen immediately but eventually there are chances of dump when investors decide to cashout, what's your though on this?
Currently no one can actually tell the price of BTC it's all base on speculations. We should let time work everything out gradually and let see how far it can take us. In crypto world anything is possible...
it is never about knowing the future price or even predicting it accurately but it is always about speculating about what is the most possible price that can be reached in the near future. and that is mostly what people mean when they start topics such as the ones you have seen.
for example right now we can speculate that with the current strong trend and the way people have been buying bitcoin there is a good chance that the $30k price is the new bottom and a strong resistance.
from there we can speculate about where the price is going and try to guess when another ATH like $40k is reached.
for example right now we can speculate that with the current strong trend and the way people have been buying bitcoin there is a good chance that the $30k price is the new bottom and a strong resistance.
from there we can speculate about where the price is going and try to guess when another ATH like $40k is reached.
yes no one will know about the future. But the function of technical analysis is to know the signs that will happen in the future. Everything will also be related. Although the predictions made are not 100% correct, they are only a description of what will happen next. many people began to speculate according to their predictions. Bitcoin's rise to the highest ATH in 2021 is incredible and I also had a prediction that it would hit a price of over $ 30k.
Knowing is different but one should understand for a fact that during a pandemic we did hit such high amount. Since years we were talking about ATH and how 2017 was a good year for bitcoins but never expected it to hit 33+.
Let me quote something from Investopedia:
https://www.google.com/amp/s/www.investopedia.com/amp/why-does-bitcoin-keep-going-up-5092683
Now this is one site which does think that bitcoins might increase in price at an incredible rate but that's not so with some others.
It's everywhere!! The price of bitcoins and how it's rising drastically have seen a lot of comments about how it would rise and how it would fall or something but at the end of the day I do believe we already have reached a point where people know that bitcoins is here to stay and bitcoins is going to be something of the future.
We can keep checking the market every two minutes and will still miss a lot! It's not a perfect science.
Let me quote something from Investopedia:
Quote
Theoretically, this price could rise to at least $100,000 sometime in 2021 based on the stock-to-flow model shown above. Some investment firms have made Bitcoin price predictions based on these fundamental analysis and scarcity models.
https://www.google.com/amp/s/www.investopedia.com/amp/why-does-bitcoin-keep-going-up-5092683
Now this is one site which does think that bitcoins might increase in price at an incredible rate but that's not so with some others.
It's everywhere!! The price of bitcoins and how it's rising drastically have seen a lot of comments about how it would rise and how it would fall or something but at the end of the day I do believe we already have reached a point where people know that bitcoins is here to stay and bitcoins is going to be something of the future.
We can keep checking the market every two minutes and will still miss a lot! It's not a perfect science.
We never know what will happen in the future. It is a very uncertain market so far and its not easy to predict the market moves. Yes, this time bitcoin aback most of us with a strong rally. Now my perception has been changed about BTC that it can surprise anyone by its moves. If we see the current market scenario we can expect more bull movement in the coming months on the contrary we can see a fall as well.
You are right, I see many people talking about price here and on tradingview. I would say, there is no way to predict the price unless you came from the future because the market is not really reacting to the mid term resistance areas and breaking any price level easily. Due to increasing the greed between bitcoiners the price can rise even higher because currently people want to buy bitcoin at price and any, this huge amount of demand made the price rise like this and none know when it's going to take a break.
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