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Topic: Is right or wrong that bitcoin price will up to $160k in 2023? (Read 1005 times)

hero member
Activity: 2548
Merit: 572
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Its not wrong to speculate . Its okay of your predictions wont occur and its not also wrong if bitcoin's price will reach 160k usd 4 years from now  .  Let say that can happen , i think many bitcoin users will feel happy because bitcoin finally reach its new ath . Alot of us will now become millionaires and billionaires on that date but before we can achieve that dreams , we should first start hoarding more coins .
People free to speculate in here, will be good if a lot of people give their opinion and the others can pick which one is really can be good speculation/analysis that really almost right and make it as something that can guide them.
full member
Activity: 1750
Merit: 118
Its not wrong to speculate . Its okay of your predictions wont occur and its not also wrong if bitcoin's price will reach 160k usd 4 years from now  .  Let say that can happen , i think many bitcoin users will feel happy because bitcoin finally reach its new ath . Alot of us will now become millionaires and billionaires on that date but before we can achieve that dreams , we should first start hoarding more coins .
member
Activity: 980
Merit: 62
What I can see from the graph is that the parabolic upward trend is going to take longer in terms of period that the other previous two, and we should wait a little bit longer for reaching a new all time high.
Your price prediction of 160k seems impossible to me, but you never know where is can stops or what it is going to reach.
hero member
Activity: 2464
Merit: 644
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Today I find an interesting graph about bitcoin price trend, this chart predicts the possible price of BTC in the upcoming fourth bull run

From the first bull run to the upcoming fourth bull run, bull runs usually become more prolonged, and a bit less intense over time.

In the fourth bull run, the highest price of BTC will up to $160k in September 2023 rather than  2021 commonly assumed, and in October 2019 BTC will crash down $3000, from October 2019 to January 2020 is the lower price period of BTC, and it will be the best time to invest.

What this chart presents matches up with an article I read earlier, the gist of that article is that the lower point of BTC price may appear after September 2019, rather Jan 2019
I don’t know what algorithm does this chart uses, maybe itself no algorithm.

what you do think about the viewpoint of this chart, please leave your comment or viewpoint.

image url:https://ibb.co/TK5my5T

Well, it is all are confusing and unpredictable, and also in this chart bitcoin price in 2019 is very low. Now you could see it is not a right price mention of 2019, so may be it is not right chart prediction wise, and i think we should wait everything will be clear in front of us in future.
sr. member
Activity: 2506
Merit: 368
No one really knows what would be the price of Bitcoin at that time since it is always unpredictable and it doesn't depend on something that you can easily think that would be the target price in the future. Since it is a live market and everything here is always changing in any minute and my thought also that Bitcoin goes on a different path instead of what you are expecting.
hero member
Activity: 2492
Merit: 548
8ombard - Pick, Play, Prosper!
There is not right or wrong when it comes to Bitcoin, everything is possible. Still this is so long term and the price is exaggerated so I wouldn't comment that partucular prediction. But there is no use of bothering with such numbers and what will or will not happen in distant future. You better focus on current situation.
Everything with bitcoin is completely unpredictable, and also the predicted value is really achievable. Reaching $20000 happened in a short, moving from a value around $5000 to $20k when people are speculating about the price to touch $10k. Price growth is expected to reach $100k within few years time. When entire sum of bitcoins were mined the market demand will increase and by that $160k is achievable.
hero member
Activity: 2702
Merit: 704
Sad to say we can't predict if the price per bitcoin will become $160k. But, it is possible to happen if in the next few years we will experience bull market. Some people predict that bitcoin will raised up to 1 million usd but do you it is really possible?
Everything is possible what we should be asking ourselves is how likely it is that those things will occur? And it is easy to see that is not very likely what we saw during the end of 2017 was something incredible but we cannot expect that to happen that frequently, it will take years just so we can see that price ever again and to go even higher is going to take an even longer amount of time.

While I like to speculate with the price there is nothing worse than to dream with your eyes open, I will love to see those prices but in what I am concentrating right now is to be the best possible trader I can be.
legendary
Activity: 3122
Merit: 1171
Yes just got the confirmation.

Maybe his stupid question deserves such rude answer! You made me laugh, cause I was thinking what`s wrong with some people who ask such questions? Anyone who is sure about $160k in 2023 should sell the house and everything he owns and wait 2023, cash out like a millionaire and do what ever. Life is not simple like that, we are taking our chances and in some time we will see did we make a right or wrong decision. That`s risking, and we are all risking, explain that to people who just want to earn and make profit without losing anything, without risking.
legendary
Activity: 2171
Merit: 1201
Yes just got the confirmation.
full member
Activity: 1330
Merit: 147
Did you intend to choose long term invesment? If you do, I'll says yes. You can buy bitcoin now and hold for almost 4 years from now and don't take a decision to sell your bitcoin when 2023 hasn't come. Actually, there is no one will know what will happen next to bitcoin price, but I only see its price movement per yer or even if I take a conclusion I can compare how bitcoin in 2009 and this year. How much different price will you see? I guess a huge price that will you see. For this happened I only imagine the bitcoin price always up per years instead in 2017 but most of years its price always up. So, you aren't wrong if you intend to buy bitcoin now and hold for long term because most possibilities you will get profit from it although its price doesn't reach 160k.
legendary
Activity: 2870
Merit: 1068
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There is not right or wrong when it comes to Bitcoin, everything is possible. Still this is so long term and the price is exaggerated so I wouldn't comment that partucular prediction. But there is no use of bothering with such numbers and what will or will not happen in distant future. You better focus on current situation.
STT
legendary
Activity: 3878
Merit: 1411
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Iam sceptic which is unfortunate when it comes to BTC because it means underestimating what is possible.    The reasoning I would have for staying a sceptic despite the possibility of such a high target being feasible is that currently I do not think its possible.

160,000 per Bitcoin with all the possible issuance is too much, this gives a market cap that would encroach onto other areas of finance.  The only way its gaining that much is if a greater population occurs before 2023 and/or other finance assets lose their market share.
160k in dollars would happen if dollar went down in value, thats the only way I expect it.   I think this figure would mean 2.8 trillion for BTC global worth which is too much unless its doing alot more then now
member
Activity: 349
Merit: 10
No one knows whether this is going to happen. If anybody knew, nobody would sell it at $5000. lol. 4 years is a long time, and it is impossible to analyze for 2023 for the system created 10 years ago.
Indeed, for bitcoin there is nothing that is impossible, this is proven when the beginning of bitcoin was created no one thought prices would reach US $ 20,000 in 2017. But this month in May 2019 the price of bitcoin is in the range of US $ 8,000, so as to reach US $ 160,000 in 2023 something was very difficult.
I predict the highest price of bitcoin in the next five years between US $ 20,000 and US $ 30,000. Even then, in my opinion, it is extraordinary, considering the increase in bitcoin is influenced by internal and external factors.
legendary
Activity: 1204
Merit: 1028
you can ask 100 people, you will get 100 different opinions. At the end of the day no one can tell you what exactly will happen in the future with bitcoin. for me, it would be great if we reach 160k or even 1 million Wink
time will tell. you only can pray for satoshi nakamoto Cool
Pray for Satoshi Nakamoto, there is nothing he can do again as regards the price value, he has already created the system and the system is already working, it is left for the users to control which direction he goes, there is no amount of money he can even pump in to create any pump that will make it reach all time high, the system is now independence and except he comes up with another idea again.

So, I guess it would be much better, pray for yourself and pray for every single investors out there to have money and also pray for their willingness to invest, pray for government policy and pray against whatever might crash the price , especially whales, not Nakamoto, you can also thank and bless Nakamoto when you see him.
full member
Activity: 784
Merit: 100
no one knows about that, and that is a very high target. I will only be very happy when I see this year's bitcoin price reaching $ 10k, or more. thinking of 2023 at a price of $ 160k, that was very difficult for me, moreover there was no information about it  Roll Eyes
hero member
Activity: 924
Merit: 502
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you can ask 100 people, you will get 100 different opinions. At the end of the day no one can tell you what exactly will happen in the future with bitcoin. for me, it would be great if we reach 160k or even 1 million Wink
time will tell. you only can pray for satoshi nakamoto Cool

Yeah. Who can say what's right or what' wrong in this market. By today's standards, 160k would be pretty absurd. But who knows. Perhaps next year or the year after we'll have a run that could match or even exceed the one we had ladt 2017. Things happen here without any real reason.
member
Activity: 882
Merit: 14
you can ask 100 people, you will get 100 different opinions. At the end of the day no one can tell you what exactly will happen in the future with bitcoin. for me, it would be great if we reach 160k or even 1 million Wink
time will tell. you only can pray for satoshi nakamoto Cool
sr. member
Activity: 882
Merit: 282
I don't see anything wrong if bitcoin reach $160,000 before end of 2023 and we didn't even know if this is going to happen by next year when bitcoin is going to be halving by may next year.  It is important we see the possibility of bitcoin grew as it has happened before in other not to be left out on the next bull run.  We should expect good and be positive about this speculatives assets as what move them is good news and not how governments or group of people feel about it.  To invest we most be able to have great hopes that from now till 2023 we should expect more adoptions and uses of cryptocurrencies by the populace.
Pab
legendary
Activity: 1862
Merit: 1012
It is kind of prediction
But many traders see new ATH on 50k-55k
ETF is in play it can be approved that year .Together with halving we will go in to parabolic or even hyper parabolic movement
If we look today price 5200$ than 55K during halving time is very possible
sr. member
Activity: 1050
Merit: 254
We can't predict the price, but i think the price will be over 60,000$ for 1BTC on the year 2023 or maybe before and most people who will hold 1 bitcoin or less or more until that time will make a nice profit if but bitcoin now or before when price is where is.
This prediction to happen compared to the $160k in the year 2023. Maybe the highest will be $100k each bitcoin.
Once it reach we will earn more profit again and you will be worth it your waiting or being patient.
But still we do not know what is happen to the bitcoin.  But it's good to see $160k but we are expecting the possible to happen.
Well, everybody can predict the price, even you can predict the price to hit $500,000 per bitcoin lol, but 2023 is a damn long journey to reach that, need 4 more years to reach that and anything can happen on crypto world. It's possible to hit your price prediction but over $100k per btc? It's kinda a bit over.
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