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Topic: I am sure Bitcoin Will go $50,000 End of this year because of ETF! - page 8. (Read 4876 times)

hero member
Activity: 2464
Merit: 519
I know U cant be certainly sure bitcoin can reach $50k this year by now, more also that the ETF had been postponed til next year. Even after ETF approval next year the coin will need the halving to reach the price. Something tells me the price is manipuilated to be at that price because of the ETF approval, probably to assure the body they can control the price.
member
Activity: 238
Merit: 11
Bitcoin will be helped by sidechains. One of the main goals of sidechains is to eliminate the need to create alternative tokens for new types of blockchain. In other words, there should be no need in altcoins. Now speculators use more than 1000 altcoins. However, sidechains are able to return the entire value of these altcoins back to the bitcoin network. Moreover, the sidechains can increase the number of users of the bitcoin network, increasing confidence in its prospects in the absence of unnecessary competition. Obviously, this will affect the price upwards.
full member
Activity: 714
Merit: 118
$50k BTC is a big win for alll the space because it would likely have direct impact on the prices of Altcoins also, I don't like to sound pessinistic but I don't see any BTC ETF approval this year and if the value drive is attached to ETF, that means we are not seen BTC break new ATH this year.
I agreed with you mate because you speak my mind concern the bitcoin ETF not to be approve this year. Besides, even If the bitcoin ETF get approve this year it won't make the price of bitcoin cliche another ATH this year and I said this because the market experienced two things this year (blood bath and correction) and it will be hard for ATH to happen just like that except if manipulation occur.

I think that if Bitcoin ETF approves, the price can easily fly up to 50 thousand. In the case of Bitcoin, this access is for large players. In this market there is not much money and therefore the price may increase several times in a short time. Approval is a signal for big money.
Recently, the third largest capitalized coin has grown several times in just a few days, I think that Bitcoin can repeat this.
full member
Activity: 378
Merit: 100
Is what you say reliable? $ 50,000 for BTC is a huge success for all space, because that will directly affect the price of Altcoin too, not that I am pessimistic, but the fact is that I have not seen BTC ETF approval in this case and if the drive value is set on the ETF, it means that all did not see BTC destroy the new ATH this year and how that could happen '.
member
Activity: 294
Merit: 10
Big names in crypto predict that bitcoin will go $50k end of this year and they were 50% correct because anything can happen of crypto right? but for me, if bitcoin ETF will be approved I'm sure that ETF Will Push Bitcoin price to $50,000, let's wait 60 days starting today and go back to this thread in September or October and let's see  Wink

The SEC does not disclose the decision on ETF specifically. I am sure that when the price of bitcoin goes up then the SEC will announce its decision. After that, the price will start to grow even faster.

jr. member
Activity: 91
Merit: 1
No, during the cryptobum, the cost of the most popular cryptocurrency reached 20,000$, now the market is unstable, and the HYIP has subsided, so it is foolish to hope that Bitcoin will grow in 3 months 10 times.
hero member
Activity: 2660
Merit: 651
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$50k BTC is a big win for alll the space because it would likely have direct impact on the prices of Altcoins also, I don't like to sound pessinistic but I don't see any BTC ETF approval this year and if the value drive is attached to ETF, that means we are not seen BTC break new ATH this year.
I agreed with you mate because you speak my mind concern the bitcoin ETF not to be approve this year. Besides, even If the bitcoin ETF get approve this year it won't make the price of bitcoin cliche another ATH this year and I said this because the market experienced two things this year (blood bath and correction) and it will be hard for ATH to happen just like that except if manipulation occur.
member
Activity: 406
Merit: 11
They are whales who just want their bitcoin have a high price . They are just there to play with us so just go with the flow if they will pump the price . In my own opinion BTC will not be able to reached 50K this year if btc price in November will not go to 20k usd .
I very much doubt that Bitcoin will be able to reach $ 20,000 this year. There are no prerequisites for this at all, and investors are reluctant to invest their funds in cryptocurrency, even despite the general decline in prices.
full member
Activity: 938
Merit: 102
They are whales who just want their bitcoin have a high price . They are just there to play with us so just go with the flow if they will pump the price . In my own opinion BTC will not be able to reached 50K this year if btc price in November will not go to 20k usd .
member
Activity: 238
Merit: 11
A lot of positive factors for bitcoin this month can theoretically push its price up. First, analysts believe that the digital asset has already passed the bottom. In terms of technical analysis, the price consolidated within a long-term downward triangle. The U.S. securities and exchange Commission (SEC) has so far rejected all applications for bitcoin ETFs, but now the regulator has requested public opinion on all proposed crypto products. Perhaps the growing interest of institutional investors will force the SEC to reconsider its decision. Secondly, the approval of bitcoin-ETF will open the door for institutional money and become a trigger for the inflow of "bulls" to the market. Last year, a similar effect was observed due to the announcement of the launch of bitcoin futures on CME and Cboe, which caused a rapid rally. Finally, if we take into account the seasonality of the market, the period from October to December has always been a good time for bitcoin. It was at the end of the year in the past bitcoin six times showed growth. The price of bitcoin has repeatedly proved that it can turn to an exponential way, and it is a matter of days or weeks. Now the indicators and the news background indicate a possible breakthrough in October, although it should be admitted that the forecasts are not always justified.
member
Activity: 246
Merit: 12
It's October, and was held Sep. Until that difference in price there is no big. Wait or not. In the near future, most altcoins will disappear and we will see growth, I believe. I hope this will happen. Coins became too much.
sr. member
Activity: 602
Merit: 250
Big names in crypto predict that bitcoin will go $50k end of this year and they were 50% correct because anything can happen of crypto right? but for me, if bitcoin ETF will be approved I'm sure that ETF Will Push Bitcoin price to $50,000, let's wait 60 days starting today and go back to this thread in September or October and let's see  Wink
Okay let's see and i guess it will not happen after ETF. As far as i know that even the total supply of bitcoin will have reached 21 million bitcoins in the circulation and it will not make the price of bitcoin more than 50k. It doesn't even the old ATH and that's the fact,

yes, also many people say like that. but to be honest, I'm really not sure, especially for reach $50.000. this year is a really hard moment for the cryptocurrency, looks like they really hard to grow. although it will grow, i think Bitcoin price only back to $15.000 again.
sr. member
Activity: 518
Merit: 251
It certainly is possible if the ETF gets approved in August. I think people have witnessed a bear market for so long that many forget just how quickly BTC can run in the opposite direction as well. If we do start to genuinely go up again, the breach of 10k will get mass coverage, while a breach of 20k will see a drastic climb up, as breaking the ATH would likely cause intense FOMO with everyone that sold during the bear market.
jr. member
Activity: 1050
Merit: 1
let's wait 60 days starting today and go back to this thread in September or October and let's see  Wink
Here we are, in October and no serious uptrend in sight. To me, all analysis has failed and all we hope for is ETF approval which will bring in new investors for this amazing technology. Let's wait another 60 days starting from today, hopefully whatever happens brings smile to the face of the BTC enthusiasts.
full member
Activity: 250
Merit: 100
And so the recession will change growth, then decline. And so until such time as the asset will be in demand among those who invest in it. This practically happens not only with these coins.
full member
Activity: 280
Merit: 100
If ETF approves in Bitcoin then its possible that Bitcoin can reach up to 65000$ this year.If ETF approves in market then many things can be changed in crypto market.BitMex Co-founder Arthur Hayes says that Bitcoin will reach $50,000 by end of the year and for this the main factor is ETF.Julian Hosp,co-founder of TenX also says that it is possible that Bitcoin can reach more than $60,000 and if it happens then it will be all due to ETF.
hero member
Activity: 868
Merit: 500
$50k BTC is a big win for alll the space because it would likely have direct impact on the prices of Altcoins also, I don't like to sound pessinistic but I don't see any BTC ETF approval this year and if the value drive is attached to ETF, that means we are not seen BTC break new ATH this year.
full member
Activity: 378
Merit: 100
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Maybe sometimes BTC`s price will be equal 50k not we should not count on it in close future (2 years).
BTC`s price = 50k$ means that only BTC`s cap will grow almost x8 from now, 109kkk$ -> 865kkk$. If this prediction will come true, I hope that we will not see BTC dominance 80% and more  Grin
member
Activity: 280
Merit: 10
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Although I also think that the reason that this year is most likely to drive the market to land on the moon is ETF, it is sad that the ETF is again delayed and the chances of approval are still small!
sr. member
Activity: 728
Merit: 264
I dont think there is gonna be a bull run in this year. I had an expectation in that direction, but my hopes decreased. But i am ready to hold my currencies for longer periods of trouble.  Roll Eyes
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