Topic: Is bitcoin bearish or bullish (Read 657 times)

We still do not know if bitcoin will have great price in the future so basically the price of bitcoin will depend on us just like what we do right now the more people who know bitcoin the more chances that the price goes up or simply the price will pump up and will result for another ATH price. However, as of now it seems bitcoin will end up in the price of 12000$-15000$ in the of this year.

I do see bitcoin is having gradual global adoption hence it may remain in bullish at least in long term even if may face bearish situations in short term. I think in 10 years all the people will be capable of spending money via their cellphone, that technology is already in the world right now and you can read some QR code to pay someone and that is with fiat money, you login to your banks mobile app open up some QR code reader and shop owner opens up theirs and then you do it right away.

It is very quick and its better than the cards we have that we put in our pins, the pin is our bank account entrance anyway. That exists right now and in 10 years it will become mainstream and standard for payment, when that happens crypto companies will take advantage of it and will allow you to pay via bitcoin. 10 years is a lot of time and a whole lot of new things could come up until then.

The recent market statistics show strong buy signals if I go to check the price based technical indicators. By the way, the fundamental factors are not as bad as previous years and the chances are high for the Bitcoin to reach the $13k sooner. Traders are also careful with these current price levels, the price laid down between $11000 and $10000 price boundaries. It increases demand and as demand increases, the more people jump to the trend and the trend goes up with higher power. Bearish market conditions will not let the bulls to take advantage of the confused traders and the market will go between the before-mentioned price levels due to the current market situation.

The tide is changing and we are turning bullish.

I was here in 2016 halving, and I can say to you that price didn`t jump right after halving, only in 2017 we saw exponential growth. Check charts from halving in 2012, same situation, bitcoin price jumped the year later. There is that time glitch, like the market is taking time to settle and only then we see price rise. Maybe we will see the same scenario this time too. We will need to wait mid 2020 for halving, and later few more months before we see some bull run similar to one in 2017. It would be great for all of us.

For me we are going to enter the bullish trend after the block halving. Anything prior event before. that would just pump the price in short term. I say block halving because past history tell us that, although it is not a gauge how the future hold, but the last two halving chart really show us that it is the only thing that will boost the price, just a matter of time or how long it will take us to new all time high after the halving.

A long-time to wait for sure if we wait for the price to drop down at $8k. But before that, I have to put some money when the price drops down a little bit $10,300. I don't know if this is a perfect price to buy with but I believe the market will give me some favor this time.

Back then...
The market resistance is still strong but we couldn't see that it grow higher more than a thing that we expect for. But I'm glad to see it moves from $10k to $11k last week, which might be pushing to move more before the end of this year but just like you, I don't believe that it will reach into $20k this year.

Too early to say with 3x with the current price of BTC itself but this can potentially happen when the market turns to full bull run.For now we are seeing sideways accumulation but somehow we can see some progress or recovery from the price.We cant say its already bullish yet there would always be some pullbacks but its good to see that we are gradually breaking out monthly higher highs and now we  are trying to break that 10800 price but it seems it will still take time for us to achieve such event.For now you can utilize this wave like movements in price rather than going for long term yet making profits into this time is ideal if you do know on what you are doing.

For now till the bull run end which will be next year we will remain bullish, though we might still be seeing some symptoms of bears at times in the market but those bears are not strong enough to create a big dump, they are just baby bears that  easily be over powered by the bulls.

In every bullish trend, there is no way that we will not always have some corrections, and I think this is the correction that is always accompanying a bullish trend, but we are yet to be fully bullish and this is the time for us to sill prepare for the main bull because I know that when the main bull arises, we will surely go almost 3x of the currency value of bitcoin, so I also still see this present trend as a baby bull but string enough to hold the market on a green lane for the main time.

Long term bullish, mid term bullish, near short term bearish if you ask me. There is a gap in 8k which made it difficult for us to go up and because of that gap price is always drawn downside and that hurts us constantly, if we could just focus on getting that closed, sell all together and than decide what we will do later than we can actually make it back to 15k and more later on, without getting that its impossible for us to go up. So, that is why I believe in near short term bitcoin will definitely go down and than we will skyrocket afterwards.

However, if you look at the long term, its a great time to buy, 8k or not eventually I believe bitcoin will reach that 20k all time high and than even go up more than that later on so its a perfect time to buy right now.

there is already a bull run that happened this year . it happend last few month ago but that is over . now we are on the new cycle or on the next cycle rather which was called a bear.

bitcoin is both bearish and bullish depending on the its value or depending on the mood swing of its users rather   . not just only for a regular bitcoin user but manipulators such as whales are the ones that dictates the price the most if it will go up or down  . we cant do anything about it aside from going with the flow or riding with the waves

for now, the bitcoin phase cannot be said to be a bull run or bear market, in fact, it is very difficult to guess its movements. it can be up or down depending on the user. for now, I still predict that bitcoin prices will rise by the end of 2019. some predictions today say that the price of bitcoin can reach $ 10950 if there is a recovery. even though it's not such a high number, it's just that it's a good start.

At least bitcoin price movement has gone away on the bearish market. Yeah I think $3500 is the lower price that can be reach by bitcoin and after that we will never see it again. About the bull run that had happened in August last month was the very strong movement until we never saw that its price touch below $9000 which is mean there is a possibility for the price touch another ATH but we never know it will happen. Expect if bitcoin price goes below of $9000 form the current market then I have a prediction that its price will goes deeply and after that will increase again.

People said the same thing last year. Just because the prior price action has been bullish doesn't mean it can't top out and reverse. Be wary of those who make it look like that we're definitely going to see bullish continuation. Trends do reverse and the current formation is bearish by nature and very much indicative of a looming reversal.

I tried to look at the market from a bullish perspective, but the more time goes by the more evidence there is that we hit the exact support and resistance points confirming a descending triangle. It doesn't by default mean that we will go down, but the probability favors a bearish outcome. Last year we capitulated from a descending triangle too. Result was a 50% crash to $31xx.

looking at the altcoin market it looks like people are actually selling their altcoins to buy bitcoin, and they are selling their altcoin to buy bitcoin because of halving, but I hope more fresh money gets into the market with BAKKT


after the 23rd we will see what impact BAKKT can bring in price, it will be quite interesting to see


And how can we know if the price is high or low? If one day the  price reache $30,000 then will say: I regret not buying when the price was $10,000.

if I think bitcoin will also work, because I also believe that bitcoin will also provide more favorable prices in the future, seeing the development of bitcoin prices every day also ups and downs also improve.

I'm very sure that we are still in a bullish sentiment but not compared to last few months were increase in price is much more aggressive and rapid. The price of bitcoin is raging from stable to bullish and it just keep going from $10k back to $9k and then again and so on. But because of the halving event hype, the bull period will surely stay as we get closer prior to that.

Sometimes the conditions in the market is such that is hard to determine. I would say that at the moment we are in similar phase when we had mixture of both. But if you ask me this year we haven't seen true bullish phase of Bitcoin and probably it will not happen until the end of the year.

As far as the market indicates now, we are not at the bullish market. We are at the boundaries of the bearish market but hopefully closer to the bullrun, we are still rigmaroling between $9,500 & $10,000. Market resistance is still low. The improvement of the market is no more about what time of the year we are. A lot of speculations have fail. I am sure when we see the bull, we will recognize it.

The condition of bitcoin in the market will depend on the people who buy it because the demand dictates if there will be bullish market where some people will set their bitcoin in high price. But, still bitcoin remain in the price of 10,000$+ and I think the bullish is near simply because there are few days until the last quarter of the year.

It could still be possible that we end up like these this year. Market resistance still at low, nothing to be sure that it will start to move in the 4th quarter.
As we could see from 2nd to outgoing 3rd quarter, the market still doing good and we might be puzzled what will happen next quarter.
 
Anyway, whether we like it or not, we have to accept what will happen, nothing has to blame.

So I'm always looking at market open around this time as we approach Tokyo and Asia trading for BTC and of course all the smaller exchanges which in theory represent billions of people potentially but I consider this a good signpost for the week as this is the working or trading week of 5 days starting.  
   I think we remain still bearish as we did little over the weekend and still seem to be exploring the downside potential and support possible



We are right next to the 50 day, this is just a short term chart but I think a tight stop loss and a short is reasonable while speculating short term

I'd love to see how the market works and even wondering what will happen next.
Not exactly we could tell that we are going to move high or just dump in a few days later. Nobody could tell and even experts fail to tell. What makes this crypto so beautiful is that it is full of excitement and a lot of surprises.

If the market will be in enduring bullish season, it would be great but how if it turns down deeply in the 4th quarter? It everyone will cry cause we have failed again with our expectation.

In 2017 we were recovering from a long and painful bear market of 2015. Now we are in a very similar situation but a bit too early. 2017 was more like 2020 in this cycle and 2016 when we started the recovery was like this year.

People are expecting that we could go up even faster than before because there are many new things at play like bakkt and the recognition of Bitcoin around the world is much higher than it was in 2016. Anything could happen but we are bullish for sure.

Bull run! Bull run !! Bull run !!!, have we ever asked exactly what leads to bull run, do we just say it in our mouth as though it is just an English word and we just want to use it as expression, but how do we break it down completely. Bull run is not a formula, the fact that 2017 market movement happened that way does not mean that we should now expect the market to always follow that direction.

There were some activities that came to the market for the first time in 2017, look at the ICO, I would say that would be the first year that will have very great participation of investors then, and these investors activities at a goal contributed to why we have that bull run, but I have not seen anything looking like that right now, so we should just not expect too much than what bitcoin Is offering us slowly now.

you can't expect the market to skip steps!
so yeah, this is not like 2017 bull run because that would mean skipping a half a dozen steps. this bull run is like the 2015 bull run where price is slowly coming out of the lowest price that was reached after the previous bubble in 2013 at $1200. the reversal is nearly identical to today's reversal. that was from $150 to $500 and the launch from there to previous ATH ($1200) and setting the new ATH at $20k and this is reversal from $3100 to $10k and then launch to the new ATH possibly at $100k?

The struggle for me is how can I buy again with the expensive price.
Before I could get a lot of it with just my monthly salary. Now, it is a problem to even buy just a single of it.

I do think it is moving forward, it is still a bull run. $1k will the bearish price for me.
Yeah, please dont stop the FUD for me to have a chance to buy again at a cheaper price.

Maybe this is the start of bull run ,cause i saw the latest  news and posted on different social media sites that bakkt is now accepting bitcoin deposits,.this is what were waiting for.

Bitcoin dominance in the market but like what you said this bull run is not the same in 2017 but the good thing that I see in this current bull run its pump slowly but surely as what people expected this ber month a huge pump up but who knows what will happen to the market just stay tune and carefully whatch bitcoin price action.

This time the bull run may not be the same as what happen in last 2017 bull run but i think there might be a slight changes when will be the final bull run to happen. We will just have to wait for more time to pass since the bitcoin halving is getting near, we could expect already a massive rally during that time.

With the current trend we have, I don't see any market play by now and even whales do some price manipulation as what they did before. We are entering the BER months already and as the expected price will going up as it happens in previous years. However, I've never thought and I never put conclusions that it keeps moving high just like we experience last 2017. The bull run may possible to be with us again will have a big difference from what we've experienced before.

Right now, it is looking a bit more bullish. Sellers trying to drop the price as much as they can and they do bring it under 10k but no matter what they do we end up with over 10k because people want to see bitcoin price going up and can't deal with low prices anymore.

We had a whole year of low prices and people are sick and tired of it, they are willing to spend some money to see it go up, do not think of people who are like going to their regular jobs and coming back and spending it on bitcoin, think of whales who got in at high prices and now they are lowering their entry average by also increasing the price, those whales had enough of this low price and now that they see it can go above 10k, they are feeling why not going above 20k once again as well.

A different trend of price this year but good thing is that, we are able to pump from the bottom and the price is still recovering. We are on the sideways trend since bearish was done already and maybe waiting for the bull run again.

10k is nothing because the figure is different in every currency, I believe the Japanese have 1 million already.   We dont spend our days thinking about it though.
    If we flip on our ultra bearish welding googles to consider the extremes and its always possible sure but last case of such a thing is early 2018 when we passed the 20 week average by 4000 before recovering.   I watch an options trader who covers these bands of probability to price movements, there has to be a kind of mood to run straight over the normal kerbs that channels price normally.   Usually theres a big run up for such things to occur.   I dont see it right now, its quite calm but if we get some upset then sure.
   A reasonable band to price fall right now is about 1000 and then we need move the needle to break support working previously.

The price has risen but has failed to exceed $10800, so far it has stabilized at $10500, but the key question is:

Will the price increase much over the next few weeks? will BAKKT have a good influence on price? we'll see this after the 26th of this month


I don't understand why some people will be obsessed with this $100,000 price? honestly I don't believe we see this $100,000 price in less than 4 years

What is that measured move based on? Are you saying if $9K breaks we'll see prices near $5,000!? I have a hard time believing that.

A typical AB=CD using percentage moves would target the $7,500 area at most. Even that would be hard to achieve at this point, considering the 20-week MA is now above $9,000:

The volume is lagging behind because the range within the price can bounce up and down has shrunken a lot from when we peaked two months ago. It's stuck in what appears to be a massive decending triangle that will break up or down before the end of this month. When the range tightens, the volatility by default decreases, and thus the volumes too. Perfectly normal.

The volume will come back when we finally get to break out of this decending triangle. It will either be a very brutal crash or a super sweet pump. Measured move is ~$4000 up or down if nothing stops it in the process. If we break down, who knows how long it will take before we get to retest this year's high. Make sure you're ready to buy low with a heavy bag of fiat just in case.

When I remember the speed in 2017, I just don't know what to say because it wasn't expected yet speculated. So at the moment speculation is a market sentiment where people predict based on what view or analysis they have. I respect the view too.

Neither, while we are experiencing a short-term rally at the moment it doesn't mean a reversal happened from where we are now Bitcoin is still down 21% from its recent high which is around 13,845$. We are in fact is still in a consolidating stage which is better compared to when we are consolidating in the 3k to 4k level. Also if you look at the price increases we are having now you will see that the trading volume is lagging behind meaning the buyers are not supporting the current price increase now, I don't expect this rally to continue for far longer not unless it picks up pace with a sudden rise in volume.

There was a ton of money to be made from this increase plus we are forgetting that there was a lot of money who have been waiting to sell their coins for a long time as well, people who bought during the fall from 20 thousand to 3 thousand, they have been keeping those coins on their wallets or exchanges for over a year now. So when the price went up the people who wanted to take out profit (it was close to 4x at its peak difference) and people who have been waiting to sell their bags all rushed and sold their coins, eventually that resulted with price not going up and than price going down.

I think we got rid of them, right now its a big war between buyers who are generally traders and bulls and sellers who are miners and traders (traders trade for both sides obviously) and whoever ends up winning will be the direction we will go.

This has always been the way that bitcoin grows, it is just once in a while that bitcoin makes a high surge without expectation, so  you might see bitcoin slow right now, but before you wake up tomorrow, you might have seen it multiplied.

Another reason why I think bitcoin has not been able to cross over to some value that is higher is because many traders are always pulling the value back anytime it wants to gain a very high momentum because of their gains that they are removing often once they get any profit which we can’t stop them from doing because that is what they work for. This may be how bitcoin will gradually gain its momentum till further notice when the bull run that will make it shoot to that $100k you are expecting comes, maybe in 10 years’ time.

These are not corrections. Corrections happen when you go up really fast and sometimes drop and than continue to go up. We have been around the same prices for too long to call these corrections anymore. We are neither in a bull nor a bear run right now, we are in a stagnant market where price is changing between 9-11k for the past couple months and that is not bad because at least we have established these prices to ourselves, we are not longer afraid of the 3-4k prices because we know we are not dropping down that much anytime soon, maybe even ever again.

Hence, I highly doubt that these moves are bull moves that happen to have corrections between them, corrections only happen once in a while which doesn't stop the bull just slows it down, we have been here for months, its not a slowing down at this point, its stopping.

If you look at the bigger picture, the bull mode has already started. It's perfectly normal that we have a phase of consolidation after a mad increase all the way to the $14k mark, that's not healthy growth. It resembles greed.

People here think that a two month consolidation phase is long, but that's an absolute joke when you compare consolidation in traditional markets. People here are too greedy and think it's normal to go up by 400%. It's not.

There is also a bearish case where the bull run what we have seen is a bull run within a longer term bear market. Perfectly possible but less likely. I think that we'll take out the $20k high next year after healthy weak hand capitulation selloff.

What are you talking about. 11k is a short term (few days) target and  100k is a long term target (few years). There is no relation between them neither for timing nor for the price.

I think that Bullish trend is the same, in my personal analysis following Wyckoff's theory, I conclude that we are starting the bullish trend stage, of course we have to wait, corrections can be made, but it is starting and the process is framed.

And if we take into account some events such as economic problems in some nations such as Venezuela and Argentina, especially Argentina that can freely trade with Bitcoin, this attracts new market participants, which increases demand and as demand increases, the purchases and the price goes up and if we add the BAKKT, there are many reasons for the analysis to be argued.

it is beginning to enter the bullish mode.

the only reason why it is taking some time (about 2 months) is because the market just finished the recovery phase by getting out of an artificially low price of $3000 that was only achieved through manipulation of the market.

as the trend changes slowly, the expectations also change and the weak hands are flushed out of the market so the rise can begin by getting rid of those who sell and slow it down.

Maybe bull will  come before halving. Because people will start to buy at cheap price for them. And then price will slowly increased, then make other fomo and bull will really come until halving come. And maybe it can reach new ATH but will need a lot of work from us as crypto investor to influence others. Because i believe out there, a lot of people still don't know benefit of investing in Bitcoin.

As the dominance level of bitcoin is found above 70% there is more hope among the common people that it'll reach $100000 easily. From my understanding to what extent this is going to be a truth is still a dream. Maybe this will make the base more stronger than ever, and could attract the entire altcoins investors towards it.

The bearish and bullish trend changes with time period, as of now more good news is found often which makes most of the manipulation un effective. Moreover the ongoing month is a milestone for bitcoin as Bakkt is getting launched. This confirms more chances of the bull trend to continue.

If no such thing that will spoil the progress then you can bet that prediction will happen.

But that will take several years in the making. Following some of the current properly backed-up analysis might give false expectations. Too early to expect that.

Can we wait first for bitcoin price to reach its last ATH? then $25,---, $30,--- and so on? As long as a good foundation will formed on such higher floors, it will increase the chances that we will see bitcoin at anyone's dream price.

it's a tough one and depends what time length you're talking about.

Long term going off TA still bullish going off speculation it's anyone's guess really but I'd still say bullish.

Here's the thing, I stopped investing in BTC awhile ago, my logic was it's no longer the cheapest and fastest cryptocurrency out there anymore, it's quickly moved into store of value. For this reason, today's bitcoin is significantly different to Satoshi's vision. I'm not bitching about it, just stating facts, there's still a lot great about Bitcoin BUT right now I can't send payments for fractions of a penny and I can't send it within seconds, it's not scaled well.

Due to all of this, I used to think to myself 'it's literally a matter of time before people realise Bitcoin isn't worth 10k or more in it's current state, but honestly it's not about any of that anymore. I was thinking to myself, what stops people seeing gold as just a piece of useless metal, what stops money from just being a piece of paper. All of these things hold value because we humans give it value. When people first started using forms of money or precious metals, they started out as useless and valueless, they became valuable because we adopted it and agreed upon it.

The price of Bitcoin now has got that way because people have agreed upon it and keep it there, it's been holding highs of several thousands of dollars for a couple of years now, with that many people invested in Bitcoin, I think it's success and value is set in stone, I don't think it ever will reduce below the thousands line again.

So I think the future is bright for Bitcoin, despite my personal opinions or anyone else's for that matter, Bitcoin has etched itself into history and I think to bet against it would be very risky indeed.

Bitcoin will have a bullish trend this year and will continue till 2021. Price will reach $50k on that year and will become stable as the year passed.  No doublt having 1 btc will make you a millionaire someday.

I think the $14,000 level will be one of the most important levels to break through this or next year. If we break through that, you better make sure to not sell any of your coins and ride the run up to $20,000 and hopefully beyond. The highest ever monthly close is ~$14,000 and let that be where we peaked some months ago. Algos will instantly unload upon retest so we need a lot of buying to come in and eat through all these sales.

Short term speaking, we need higher local highs, and so far we've only had lower local highs. If we start making higher highs the odds of a $14,000 retest will be in our favor. One more sub $9500 test will probably lead to a break down so that's what we have to avoid for now. Testing the same flat support levels isn't bullish as some people like to think.

I would definitely agree we're bullish at the moment as well. I've been looking at RSI recently and it shows as overbought on most of the hour timeframes like 4H and 1H (but obviously RSI can remain overbought and oversold for long periods of time), but we're also looking at a green MACD flip at last on the daily at the moment, and the 21 MA's crossed over the 50MA and looking to cross over the 100 soon as well. Currently looking for a dip to buy at the moment as I feel there's going to be a minor correction soon, but I'm still bullish mid and long-term.

At least the price is starting to grow back again after it falls to $9,500 last week and i think it is starting to get bullish this week hoping it would break the $11,000 resistance and would break the $15,000 or $20,000 since that was the ATH of Bitcoin.

Some analyst can say whatever they want but it is just pure speculation since no one actually knows when would that happen. Hitting $100,000 is a bit too much this someone would suggest it by next year. I can't anything about the future price yet i am very optimistic to look at the price of $100,000 next year.

We have to say Bitcoin is bullish if it closes above 10300 today at midnight UTC or forum time.


I havent drawn in the downtrend on this chart but you can see we've had a series of regular high prices that were lower then previous weeks.   So a negative trend, if Bitcoin is establishing a high now at 11,000 or similar then its breaking that declining trend and I think we can say its breaking out of that trend.

The blue line is 50 day average, its closing above that today.   The horizontal lines are Fib % of previous falls, its quite bullish its fair to say.

Bitcoin and other digital currencies will soon begin to recover after a recent fall and begin to grow. Already, Bitcoin has made a breakthrough in $ 10,000, which cannot but rejoice.  This is the start of a new bullish trend.

You are right bitcoin within the last 7 months have gain some amount of momentum which is an indication that the bull market is around the corner but even at that it hard to predict what the future holds for bitcoin since we are in a volatile market.

90% of the time bitcoin is bullish simply because it is on the way to mass adoption and so far we have only covered about 1% of the way to that so there is still a long way to go before we reach the target.
right now, we are in a bull market but only in the beginning stages of it. after the recovery in the first 6-7 months of 2019 we are now getting ready (with accumulation phase) for the actual bull run rise.

Bitcoin is definitely bullish right now. I mean look, it's surged 5% or something in the past hours. Oh wait. It's slid down again like maybe 4%. So no, it's definitely bearish right now.

What slow and staggering price movement are you on about? Are we looking at the same Bitcoin chart?

If bitcoin's dominance remains to be at the level of 70% for the next years to come. I'm optimistic that $100,000 is possible. And isn't it enough to believe that bitcoin can reach the prices that we're not expecting?

It may be hard to accept for those who didn't bought at the lows that it's starting to show its true nature and that is becoming bullish. You can think of it as bearish whenever it goes down a bit but it's basically the normal attitude of it.

Historically Bitcoin had slow movements and fast movements. Actually Bitcoin price is known to be highly volatile.
So if you think that you've found a pattern, I don't think so. It's clearly far from linear.

And he fact it had a nice jump these days, it doesn't really give much of a clue of what will it do tomorrow.



Overall, imho Bitcoin (price) is bullish. And it will be still "overall bullish" even if, for example, it'll fall to 4000$ tomorrow (!). Just because (imho) sooner or later it'll recover and go even higher.

I think it is more about bitmex people removing their orders (or adding, I am not sure) instead of just one guy .

I mean surely he did had some affect on it but considering it was just in minutes and the biggest movement was in bitmex and surroundings about how bitcoin was going down, I wouldn't be shocked that the power of bitmex and leverage trading still has over bitcoin price.

We have to find a way to stop their manipulation power somehow, it is not acceptable that just bitmex itself can decide what the price will be, when I say bitmex I don't mean the website itself or the owners, I mean the users. Those whales just make money from manipulation and they collectively decide on something and suddenly the price goes wherever they decide and we can't continue like that forever.

Its bullish since around 3k.corrections doesnt mean its bearish, ofcourse there will be corrections after huge climb.my thought is big move (up or down) will be in a month.

Personally, I am bullish on Bitcoin in general. However, with the way things are happening these days I think it can take a lot of time before Bitcoin can be able to reach the $100K level. And based on 2017, it is not good for Bitcoin to shoot up into the moon like a rocket because doing so can mean there is a bigger risk it can fall from the sky with a big bang. Slow but sure growth can be what I am preferring. Overall the market is actually good as we are heading towards the end of 2019 and ushering the new year.

Depending of the concurrency and investors, the developpment, the people, bitcoin could reach $100,000 or $100.

Nobody can know. A lot of things will happen between today and the "next few years".

If bitcoin reach $50,000 in few years (2 or 3) it's already a lot.

In the last 24 hours bitcoin have gain some amount of increase in it price, as at this time bitcoin is sitting at $10,349 and slowly gaining momentum to reach $11,000. With this slow and staggering price movement do you think bitcoin will reach $100,000 in the next few years as predicted by some analysts.
What is you take on this and also follow the link below to see the views of other investors and they stand.
https://zycrypto.com/bitcoin-is-medium-term-bearish-and-wont-see-100000-in-the-next-few-years-analyst/