From the experts point I think the price of bitcoin will reach around $7500 if the price continue to be resistant around $6800 and if there's a downtrend from the current price range it is sure to reach around $5400 to $5100. It's good to be prepared enough to meet the upcoming event which can make us joyful or let us invest more.
I do not think that bitcoin price is going to break 6000$ level, it has a very strong support at that level for a long long time, I hope that we are now only hopping that bitcoin price will very soon cross 10k level which is a big psychological barrier for bitcoin price. 
Topic: How high do you think Bitcoin will go on the next bull run? (Read 645 times)
it depends on your next, if its this decenber or next year or next 2 years or so, for me personally i dont think this year but if it, i think it wont pass $10,000 but the next year is another thing, when china earlier anounce they legalize bitcoin thats a bog thing though.
Let's motivate our selves and think positive for the possible happen in an expecting bull run that probably will happen on this current year-end. We could not determine the exact price will go up but hopefully, it will happen. Because the price will up due to the demand of the bitcoin in the market if people still doubt bitcoin it will not help to the market price.
Maybe $20,000 again as the investors sentiment is very low. I think we have to see the major bull run in 2020. By 2020, we should expect bitcoin to be trading above $100,000 as by then banks and governments may have come into the market and put in big fund.
In fact it is depending on the interest of the people, there is a psychological barrier of 10000$, I can see that once the bitcoin price will cross that level then we are expecting that the price will continue increasing and very soon we will see the bitcoin price touching 20k again. 
From the experts point I think the price of bitcoin will reach around $7500 if the price continue to be resistant around $6800 and if there's a downtrend from the current price range it is sure to reach around $5400 to $5100. It's good to be prepared enough to meet the upcoming event which can make us joyful or let us invest more.
Bitcoin has taken a long time to recover and come back to the bull market and I think this is something which will show the strength of Bitcoin though it takes time but that is understandable for those who are in investment only with their savings. They will have a great time in future because we have noticed that Bitcoin is on the increase trend averagely so it is possible to see higher price than the previous highest price.Its good to have a positive motivation mate, it can conclude the bearish market and enhance the wisdom of some people spreading with accurate and confident determination in the field of crypto world. Which can help with fast progression and bounty developement of bitcoin. As of now, we could'nt determine how stable bitcoin's price is, but the big assurance reaching the desirable peak will be able to occur as soon as the market has gain the stability.
I think this stable period will last through a good part of next year, unless something big happens. The only thing that could cause 100k$ in next few months is approved ETF from VanEck SolidX Bitcoin Trust, and since it is physically backed with BTC, demand should go up along with the price. But it seems that the chances for that are not too big, SEC is still cautious and a positive decision would be really big surprise.
it doesn't particularly matter if the trust is physically backed with BTC. it could be backed by futures contracts that settle at USD equivalent---the price should still generally reflect the spot market due to arbitrage. this is why cash-settled futures don't deviate that much from spot.
i don't understand why ETF approval would trigger a new bull run. people keep saying that, but nobody can explain why. this is like the ghost cities in china---you can build all the houses you want, but it doesn't mean anyone wants to buy them.
this is called "putting the cart before the horse".
From the experts point I think the price of bitcoin will reach around $7500 if the price continue to be resistant around $6800 and if there's a downtrend from the current price range it is sure to reach around $5400 to $5100. It's good to be prepared enough to meet the upcoming event which can make us joyful or let us invest more.
Bitcoin has taken a long time to recover and come back to the bull market and I think this is something which will show the strength of Bitcoin though it takes time but that is understandable for those who are in investment only with their savings. They will have a great time in future because we have noticed that Bitcoin is on the increase trend averagely so it is possible to see higher price than the previous highest price. 
Next bull run..how high?!
The incoming bull run should be starting in the next few months, and my estimate is that it will probably last until late 2020.
Why do you believe this?
My price target for the next bull run has been $100k. I think it'll break through that and go a bit higher, maybe close to $150k, but $100k will signal that it is about to crash after people get out their last bit of buying mania, the way breaking $10k made the whole market go nuts and shoot up to $20k in less than 3 weeks before crashing.
I think you are dreaming too loud and not being realistic, $100,000 is a very high price, we are at the end of 2018, and with a price of $6000 and we do not have much demand and we have many governments that do not like bitcoin, like Is it possible that this whole bad situation is reversed in just 2 years? I can agree on prices of $25000, but $100,000 is very exaggerated
But then I was thinking, if Wall St firms really get in these next two years, and by really get in I just mean if a lot of them and individual investors just put like 2-3% into Bitcoin, then $100k or $150k isn't nearly high enough! Just a few percent from Wall St firms, plus stuff like ETFs for retail investors and pension funds and University endowments and so on, plus the accompanying FOMO for people who don't care about going through Wall St and go straight to crypto exchanges...in a perfect storm of all that Bitcoin could sale clear to like $300k at the next peak.
What do you all think?
What do you all think?
still continuing to think you're dreaming too loud
On the next bull run, BTC price could go as high as the previous year's price level. It may seem that things are worst during this time of year, but it actually is a good sign for BTC to find its support at its current level. Once bull run happens, it will try to reach the previous ATH and could probably breakout until $25k by end of 2018 which will be followed by another sell-off, only to find a stronger support.
I am sure that the price of Bitcoin can still experience a tremendous increase in the coming months. With the increasing number of people using Bitcoin, it is very good for the direction of positive change. Bitcoin prices are currently in the range of 6,000USD and it is very possible if at the beginning of next year Bitcoin prices could reach 10,000USD. I am optimistic that it will happen because Bitcoin is a thing that often surprises us all.
I appreciate your height of confidence but I don't think the market will skyrocket this time like last year it did. Yes I agree there will be a change in price but not as expected, because the bear market is still in progress. There is lot of hope in cryptocurrency let's wait and see.
slightly higher than last year, maybe around $ 25k - $ 30k. I predict if the bull market will occur in 2020.
I think this stable period will last through a good part of next year, unless something big happens. The only thing that could cause 100k$ in next few months is approved ETF from VanEck SolidX Bitcoin Trust, and since it is physically backed with BTC, demand should go up along with the price. But it seems that the chances for that are not too big, SEC is still cautious and a positive decision would be really big surprise.
it doesn't particularly matter if the trust is physically backed with BTC. it could be backed by futures contracts that settle at USD equivalent---the price should still generally reflect the spot market due to arbitrage. this is why cash-settled futures don't deviate that much from spot.
i don't understand why ETF approval would trigger a new bull run. people keep saying that, but nobody can explain why. this is like the ghost cities in china---you can build all the houses you want, but it doesn't mean anyone wants to buy them.
this is called "putting the cart before the horse".
The next bitcoin bullrun that will surpass its 2017 all-time high might still happen in the next two years. The recovery might longer than you think but the market experience price spikes from time to time then go down again. Bitcoin need some factors that could help boost its price like the possible approval of ETF but it is now shrouded in uncertainty. The third bitcoin halving that will happen around May 2020 could spark another bullrun with new all time high. It's difficult to know how high will be the next ATH but I'm not relying on prediction.
All I know is, the longer we stay in a sideways or bear market, the more powerful the next bull run will be. If we have a recovery similar to 2015, I think we could see prices close to $1 million the next time around. But it's anyone's guess.
If that would happen then all of us would be happy who are already here when this is still the price. We would forgot then that there are so many people who have given up in this bear market and the volume will pour back in again.
I do hope that it would happen sooner that the market will recover. It might still take a year or years for that bull run but when it happens, all our patience will pay off.
At the moment, I just want the price to go back to the previous ATH. So yes, Im very conservative about bullish predictions. 2019 will be a year of recovery, like 2015 was, and 2020 will be equivalent to 2016, when the price was usually going up.
I don't like to speculate too much about the timing of it all. Timing is really difficult even in markets with decades and decades of history. It's even harder with Bitcoin, with its whopping 9 years of history.
All I know is, the longer we stay in a sideways or bear market, the more powerful the next bull run will be. If we have a recovery similar to 2015, I think we could see prices close to $1 million the next time around. But it's anyone's guess.
As major countries like Japan and Korea had already adopted the bitcoin last year which triggered the bitcoin price from corrected 1500 - 2000USD to 5000-6000 USD in a span of 3 months and other major enterprise and investors also followed for another six months which rallies the bitcoin ATH of 20k USD until 2018 of January but a 20k price is a momentary spike which last for only a month. From that time until now the price corrected to 7000 - 6500 range and the expected next bull run will be on 2020-2021 based on a four-year pattern in accordance to bitcoin halving event but the price prediction could not reach to 50k max.
It might be the same as last year since adoption occurs and popularity gathered last year, the thing will only be When will we going to see the bull again. 
As major countries like Japan and Korea had already adopted the bitcoin last year which triggered the bitcoin price from corrected 1500 - 2000USD to 5000-6000 USD in a span of 3 months and other major enterprise and investors also followed for another six months which rallies the bitcoin ATH of 20k USD until 2018 of January but a 20k price is a momentary spike which last for only a month. From that time until now the price corrected to 7000 - 6500 range and the expected next bull run will be on 2020-2021 based on a four-year pattern in accordance to bitcoin halving event but the price prediction could not reach to 50k max.
i don't understand why ETF approval would trigger a new bull run. people keep saying that, but nobody can explain why.
People assume spot coins will be bought and that the effect of that will reflect on the price.
They have no clue about how booming the OTC market is currently, especially with miners being the main providers of fresh/clean coins legal entities are craving for.
I do however have to point out that with less miners dumping on the spot market, it could and likely will make sure that if the spot demand does increase, there is less potential selling pressure on the market, which is always a positive factor. Miners are the main source of supply inflation, and if legal entities buy up most of these coins, there eventually will be a shortage on the spot market with the right amount of demand.
There's only so much supply on the OTC market though, as with any market. When demand goes through the roof on the next bull run the sellers on the OTC market will dry up for all the big Wall St buyers so whoever is buying for them is gonna have to go to the exchanges which will skyrocket the price. Wall St big money isn't just gonna sit back and miss out on huge gains because there isn't enough supply to buy on the OTC markets. It's not any different than the exchanges, when supply dries up due to increased demand the price must rise, and OTC buyers aren't gonna buy prices at a premium on the OTC market if they can go and get it cheaper on exchanges (through some intermediary probably).
The last big bull markets have all established all time highs, so I definitely would not be surprised if the next bull market would be able to have similar returns figures as well. After all, the bitcoin market is quite cyclical in nature.
As you mentioned, there is also the possibility now that institutional investors would be able to influence growth even further and make this coming bull market a lot more crazy.
But personally, I wouldn't expect prices to rise to 6 figures that easily. It's much easier to go from 4 figures to 5, but way harder to get from 5 figures to 6, from a psychological standpoint and because of the limited amount of investments that can come in. But given that the next bull market could potentially coincide with the halving in 2020, it could be possible. I'd like to be more conservative in my speculative predictions, I guess.
As you mentioned, there is also the possibility now that institutional investors would be able to influence growth even further and make this coming bull market a lot more crazy.
But personally, I wouldn't expect prices to rise to 6 figures that easily. It's much easier to go from 4 figures to 5, but way harder to get from 5 figures to 6, from a psychological standpoint and because of the limited amount of investments that can come in. But given that the next bull market could potentially coincide with the halving in 2020, it could be possible. I'd like to be more conservative in my speculative predictions, I guess.
Well its always harder to go up higher the higher the price gets, that didn't stop Bitcoin from going up 20x from the previous ATH in 2017, while the late 2013 run only went up 5x from the ATH. Wall St alone could easily push the price to 6 digits. I mean the price went to $20k just over hype about paper futures contracts. Think about what's gonna happen when investment firms with trillions of dollars try to get in for the next huge run! Honestly it could go far higher than $100k in the next couple of years. I'm trying to be conservative and just hoping for a bit over $100k, but realizing that $200k could be in the cards if Wall St gets excited.
From the experts point I think the price of bitcoin will reach around $7500 if the price continue to be resistant around $6800 and if there's a downtrend from the current price range it is sure to reach around $5400 to $5100. It's good to be prepared enough to meet the upcoming event which can make us joyful or let us invest more.
Jump to: