Future bitcoin price is high and low - page 3.

lixer

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Quote from: Hamphser on October 18, 2021, 04:40:38 PM

After almost a month before you had created this thread then it turns out that the price had reached out 60k+ price which signifies that bitcoins price movement is way too unpredictable.Future prices could neither be

low or high because demand is the main factor on what drives the price so it will really vary and as a trader or investor then its up on someones personal choice whether they do get in or get out.

Bitcoins price is too volatile and it does have its own pro's and con's.So its up on someones personal choice.

The biggest pro AND con at the same time is the unpredictable situation. I mean the high and low makes sense because we were low and we are now high and we will be low again as well. I hope that people will realize that you can't "predict" what bitcoin will do, nor will you be able to do the same for the rest of the crypto currencies neither. What you can do is an educated guess and hope that you are right, you are literally "guessing" and nothing more. Obviously you could be right, I mean guessing is not making up, it is still reasonable to be right sometimes when you guess something. But that is also not predicting like you know what you are doing neither.

This is why we could all make a profit in crypto, as long as our guesses our correct then we could be making profit and if we are wrong then we will lose, if it wasn't like this then rich people would make the most profit and leave a very small amount for us.

TheEconomists

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Quote from: fullhdpixel on October 18, 2021, 07:45:18 AM

Quote from: RIFAT001 on September 21, 2021, 09:36:41 PM

Quote from: TheEconomists on October 18, 2021, 05:43:59 AM

Bitcoin value will continue to go higher in the years to come because in every year there are new people adopting Bitcoin and crypto currency generally and that will make the demand curve higher than the supply curve which simply means price will keep on going higher as years go.

But, we are not having enough people to keep adopting what whales do dump. It means there are whales who have bought/mined more number of bitcoins when bitcoin was available for cheaper prices and they may create surplus supply in market by dumping their stash which may bring down prices even we have new people on board to adopt.

But one cannot say the level of activities of the said whale is that bad because they are out to make profit in away. One should not blame them anyway because they are the early investors who believes in Bitcoin and other top crypto currency and that was why they can influence the market.

Hamphser

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Quote from: RIFAT001 on September 21, 2021, 09:36:41 PM

What will be the price of bitcoin in the coming years as the price of Bitcoin goes down? The current price of the British ranges from 41 thousand to 50 thousand. Bitcoin was the highest price of 48-50 thousand. The bitcoin that everyone planned that from the end of 2021 to 2022, the price of bitcoin will exceed 60 thousand plus? So what will be the price of Bitcoin in the coming years?

After almost a month before you had created this thread then it turns out that the price had reached out 60k+ price which signifies that bitcoins price movement is way too unpredictable.Future prices could neither be

low or high because demand is the main factor on what drives the price so it will really vary and as a trader or investor then its up on someones personal choice whether they do get in or get out.

Bitcoins price is too volatile and it does have its own pro's and con's.So its up on someones personal choice.

dezoel

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I believe that ups and downs are a part of the market and we need to realize that it is going to be like that forever as well. I get that not everyone understands the situation we are in because they face mostly ups when they hear about it, there are people who only take interest when it is up, or they faced only downs because they get in when it is always high and it grows lower when they get in, all understandable.

However, the reality is that I have been here for over 9 years now and I can tell you that there has been a ton of periods when it went up like crazy and there has been a lot of moments when it went down like crazy as well. Both of them are quite understandable and it will keep on happening forever and we are going to just have to accept the fact that bitcoin will end up with something that will go up and down and we need to be patient because the long term always goes up.

fullhdpixel

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Quote from: RIFAT001 on September 21, 2021, 09:36:41 PM

The bitcoin that everyone planned that from the end of 2021 to 2022, the price of bitcoin will exceed 60 thousand plus? So what will be the price of Bitcoin in the coming years?

Already we are into $61+k levels and if the current positive market sentiment continues then we may see bitcoin prices to be penetrating into $100k levels for sure and if $100k levels will be holding then we may see prices to be testing around $200k levels. But, all these need to be happening within 2021. Because, as per four-year cycle of bitcoin, we may enter into bearish mode from 2022 onward but it is just a speculation and anything may happen.

Quote from: TheEconomists on October 18, 2021, 05:43:59 AM

Bitcoin value will continue to go higher in the years to come because in every year there are new people adopting Bitcoin and crypto currency generally and that will make the demand curve higher than the supply curve which simply means price will keep on going higher as years go.

But, we are not having enough people to keep adopting what whales do dump. It means there are whales who have bought/mined more number of bitcoins when bitcoin was available for cheaper prices and they may create surplus supply in market by dumping their stash which may bring down prices even we have new people on board to adopt.

TheEconomists

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Quote from: RIFAT001 on September 21, 2021, 09:36:41 PM

What will be the price of bitcoin in the coming years as the price of Bitcoin goes down? The current price of the British ranges from 41 thousand to 50 thousand. Bitcoin was the highest price of 48-50 thousand. The bitcoin that everyone planned that from the end of 2021 to 2022, the price of bitcoin will exceed 60 thousand plus? So what will be the price of Bitcoin in the coming years?

Bitcoin value will continue to go higher in the years to come because in every year there are new people adopting Bitcoin and crypto currency generally and that will make the demand curve higher than the supply curve which simply means price will keep on going higher as years go.

arwin100

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Quote from: marine4u on October 14, 2021, 06:21:58 PM

I think the price of bitcoin will increase over time as legitimacy is gradually replacing trust - that will represent more value in use than speculative demand. I still believe that this year's bitcoin price is an outlier compared to many years ago. I guess 150k and ready to translate but little volatility

As bitcoin already hitting on the mainstream it slowly gather trust, also since the government of 1st world country is already considering accepting it as a legal to their country it adds up the plus points to the trust of the investors so from this events happen for this day we can really say that those figures what we discuss on several threads about price speculation of bitcoin will provably hit.

And the only question right now is when this time will happen and this is one should the holders should speculate.

poldanmig

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The last few years we have seen the development of very large bitcoin price movements, especially in the second quarter of 2020 bitcoin prices continued to experience quite high price movements because basically people are starting to realize that bitcoin is an investment asset that is suitable in the current pandemic conditions, especially now. many institutions are starting to enter to invest in Bitcoin, so that in the end it will be able to encourage bitcoin to continue to grow, I personally don't dare to predict how big the price of bitcoin will be in the next few years, but for sure I am very optimistic that in the future the price of bitcoin will be very high.

marine4u

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I think the price of bitcoin will increase over time as legitimacy is gradually replacing trust - that will represent more value in use than speculative demand. I still believe that this year's bitcoin price is an outlier compared to many years ago. I guess 150k and ready to translate but little volatility

dunfida

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Quote from: el kaka22 on October 14, 2021, 04:35:35 PM

As long as we get to ride the wave, we are going to reach the shore. The important part is to realize that bitcoin is not something that stays still, it is one of the most volatile things in the entire world and we are in it right now. I love it, and I would support it a lot in any circumstance, but the volatility is something that is dangerous for some people because people are afraid of it. What I believe we should be doing right now is the fact that holding became even more important, if you could hold for a very long time then it is "nearly" guaranteed that you will profit, the time you need to hold changes from person to person but it almost always profits.

Why people cant just realized on things that they are dealing with? They do even comes to a point on where they do really believe on that stabilizing thing here on crypto space specially with bitcoin which is never been

possible to happen.Volatility aspect is one of the most common factors on why this market had progressed that much aside from its real use case and that one cant really be denied on.

High and low in price is something interesting on this market and with these movements then you could utilize it for the sake of making profits.

el kaka22

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As long as we get to ride the wave, we are going to reach the shore. The important part is to realize that bitcoin is not something that stays still, it is one of the most volatile things in the entire world and we are in it right now. I love it, and I would support it a lot in any circumstance, but the volatility is something that is dangerous for some people because people are afraid of it. What I believe we should be doing right now is the fact that holding became even more important, if you could hold for a very long time then it is "nearly" guaranteed that you will profit, the time you need to hold changes from person to person but it almost always profits.

rahmatrf331

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Prices are so volatile it's hard to tell the truth. In one day the price of bitcoin goes up and down without a clear path, so it is difficult to predict the future. but most likely bitcoin will continue to bullrun in the future even though there are often price corrections on the sidelines of the bullrun.
Just be sure the price of bitcoin in the future will continue to soar very quickly and it is realized that bitcoin will break through again the old high price of $62k.

LUCKMCFLY

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Yes, the price goes down and up, but I think that at the moment in the short term it is going to rise, if we look at the volume it clearly shows that it may be bullish in the long term, but it is a matter of waiting:

Quote

The rising 20-day exponential moving average (EMA) ($51,338) and the relative strength index (RSI) in the positive zone indicate an advantage to buyers. If bulls drive the price above $57,839.04, the BTC/USDT pair could rally to $60,000.

Source: https://cointelegraph.com/news/price-analysis-10-13-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni

I think the trend for now is bullish, however for days it has been with this bullish momentum, it is likely that the price will continue to grow if the bulls decide to continue buying in the dip and increasing to new levels of supply.

Finestream

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Quote from: mr500 on October 04, 2021, 12:56:35 PM

The future Bitcoin price will be increaseing because next few years there are many countries allow to use BTC and adopt the cryptocurrency for earn money . That time is not so far where money and Bitcoin use as same world currency value . Someone can tell my thoughts are over ambitious but when it will happen then believe .

I agree on your prediction that bitcoin and fiat will be available soon as both currencies in the future because they are made to co exist and not to create competition in the field of financial system. But certainly, the process for bitcoin to be a currency is very tough knowing the government as of now is still very pessimistic about legalizing bitcoin and accept it as a currency.

However, talking about the future price of bitcoin will always be uncertain. Its price will always create changes so if today its very bullish, then tomorrow the price might be dumping suddenly. It just means that bitcoin has still no definite price even if we always say that its price will always go skyrocket as years go by. It will always have chances to dump and leave its value at a low price but not literally zero value because as long as the demand continues, its price will never be zero.

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Quote from: Kasabus on October 13, 2021, 03:47:11 AM

Bitcoin will always have a brighter future compared to altcoins and that's for sure. But there is no sure way what will be its price in the next years as bitcoin is highly volatile and keeps fluctuating its price. Its bears and bull cycle will never stop so the price will not settle in a single trend, it will move certainly to its upward and downward position. But if we are aiming for higher profits in the future, then we should learn to take advantage every bearish season comes and buy bitcoin as much as you can. Because one thing for sure, bitcoin price is always aiming for an upward trend, although there might be price corrections but they are just for temporary and sooner the price will bounce up again. So its always a good preparation and certainly an edge if you can hold bitcoin as early as now.

I do believe that we could definitely see the other altcoins have a brighter future as in have a bigger increase. I just do not believe that they would ever be as big as bitcoin and go as long as bitcoin can. This is why most of my investment is in bitcoin, and the rest is in other coins distributed so none of them gets closer to bitcoin. Just because we believe in bitcoin and love it, doesn't mean that we should shun other coins neither, we should promote them as well.

There are some memecoins and shitcoins that I would understand if you do not want to promote, I do not neither, but it is wrong to think "only bitcoin will survive" neither, that is not healthy look at crypto market.

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Quote from: arufox on October 12, 2021, 10:28:43 AM

If we follow Bitcoin price predictions and previous price action, BTC could hit an expected high of $100k to $300k over the next few years. Bitcoin will continue its expected upward trend in early 2022, and of course, with more countries and large corporations adopting bitcoin, more investors are expected to join bitcoin and significantly raise the price of bitcoin going forward. Therefore, I believe Bitcoin offers great long-term prospects for at least the next five years.

what about that 2022, how can you be so sure that countries and large corporation will adopt Bitcoin? why not do now and need to wait for 2022?
lol remember that the Halving season expires this year means the possibilities of another bearish market will come sooner.
best to at least try not to take our your funds now and just keep the holding till 2024 .

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Quote from: arufox on October 12, 2021, 10:28:43 AM

If we follow Bitcoin price predictions and previous price action, BTC could hit an expected high of $100k to $300k over the next few years. Bitcoin will continue its expected upward trend in early 2022, and of course, with more countries and large corporations adopting bitcoin, more investors are expected to join bitcoin and significantly raise the price of bitcoin going forward. Therefore, I believe Bitcoin offers great long-term prospects for at least the next five years.

Bitcoin will always have a brighter future compared to altcoins and that's for sure. But there is no sure way what will be its price in the next years as bitcoin is highly volatile and keeps fluctuating its price. Its bears and bull cycle will never stop so the price will not settle in a single trend, it will move certainly to its upward and downward position. But if we are aiming for higher profits in the future, then we should learn to take advantage every bearish season comes and buy bitcoin as much as you can. Because one thing for sure, bitcoin price is always aiming for an upward trend, although there might be price corrections but they are just for temporary and sooner the price will bounce up again. So its always a good preparation and certainly an edge if you can hold bitcoin as early as now.

arufox

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If we follow Bitcoin price predictions and previous price action, BTC could hit an expected high of $100k to $300k over the next few years. Bitcoin will continue its expected upward trend in early 2022, and of course, with more countries and large corporations adopting bitcoin, more investors are expected to join bitcoin and significantly raise the price of bitcoin going forward. Therefore, I believe Bitcoin offers great long-term prospects for at least the next five years.

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Quote from: RealMalatesta on October 03, 2021, 11:32:25 AM

Quote from: rincoeng1986 on October 03, 2021, 03:39:22 AM

I never thought about the price of bitcoin in the following year. I'm just wondering when will bitcoin at the end of this year be able to break through the previous price of $ 52k because I'm a little worried about the movement of bitcoin this week is often down.

I would say that is exactly the opposite of what I usually do. I never think about what the price of bitcoin is for right now or even this year, I think about many years later down the road because that is what can make me wait longer. I always say that eventually one day (way down the road) bitcoin will be half a million dollars and I will get out in that moment.

I know that it will not happen anywhere soon, I know that even 100k is a big deal right now and we are not even half at that, so we are talking about more than 10x increase in bitcoin and yes that will not happen soon. However the idea of that ever happening in the future, even if it takes 5-10 years, is the reason why I get to hold so many coins without worrying about all the crashes happen during that same period.

Correct, and even then it is possible that at that time you are not going to need to sell your coins, after all if bitcoin is trading at those levels then that means that the adoption has grown massively and that institutional investors bought all the bitcoin they could, so at that point I would expect that we will be able to use our bitcoin everywhere without people wondering what are we talking about, something that is still very common even right now.

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Quote from: mr500 on October 04, 2021, 12:56:35 PM

The future Bitcoin price will be increaseing because next few years there are many countries allow to use BTC and adopt the cryptocurrency for earn money . That time is not so far where money and Bitcoin use as same world currency value . Someone can tell my thoughts are over ambitious but when it will happen then believe .

I dont really agree that Bitcoin is likely to dominate in the same way USD has done since ww2. Even at the inception of that agreement it was seen as quite possibly flawed to rely on one nationalized standard even if in set ratio to gold. I dont think BTC can be a universal perfect standard, we will see a peak in the current excessive debt backing to currency exchanged, many things will change. BTC will be part of that change in not being fractional reserve but also a greater variety of currency will occur in progress over the current domination of a singular centralized global reserve; this will be a positive especially for productive exporting economies not currently politically favored by the west and overall the world will benefit imo.

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