Predictions: This bull market peak price and month it will occur - page 2.

michellee

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Quote from: thecodebear on May 14, 2019, 08:27:15 AM

Now that we're 6+ weeks into the bull market, and most people seem to have finally realized the bull market is indeed happening right now, let's here some price predictions for the next peak before the next long bear market, and when you think it'll occur.

I'm thinking $120k - $130k.

And I had been thinking late 2021 but with the quick powerful start this first month and a half of the bull market I'm starting to think a late 2020 or early 2021 time period is more likely.

That will be good if that is really happening for the next bull run, but I wonder when it could happen. 2020 could be the next biggest bull run because, in the next year, we will see a halving time so it could impact bitcoin price to increase too high. We will see the other prediction related to the bull market that might happen in the future, and I hope that we could not make any mistake by selling too early.

dothebeats

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Calling a rather conservative $50000 for the said price peak as I still can't wrap my head around the thought of bitcoin reaching insane heights (but I'm not saying that it's impossible, though.) with respect to the past bull runs that we have had, figures like more than a hundred thousand USD is very possible, but then again we need a lot of money injected in the crypto market for that to happen. Perhaps USDT-induced pump can suffice just that, but then again it will be totally unstable and we're sure that someone will easily get nabbed by law enforcement in the end should that happen. Roll Eyes

exstasie

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It's crazy that almost everyone is guessing $100K or below. Only 5x above the previous ATH? The last two bubbles blew that out of the park. Such pessimists, you lot.

Matching 2017 would put us past $300K. I'm thinking minimum $250K (Draper will be proven correct again) and I wouldn't be surprised at 7-figure bitcoins either. Timing it is impossible but somewhere in 2021 sounds right.

Psynthax

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Quote from: Ailmand on May 14, 2019, 09:08:42 AM

That's unrealistic for now though it isn't wrong in aiming for the best. As for me, it's better to wait for Bitcoin to reach $20k first as it did last bull run. The market has just started recovering so we must not expect too much from it this early.

Why? didn't you watch what things will happen with bitcoin. More market accepts it, halving is ahead of us (probably next year), tether problem makes people are wanna converting their stable coin to the bitcoin and more to come. With a bunch of that good news and im sure if bitcoin can reach that price.
it looks like you are feeling pessimistic about bitcoin these days.

WinslowIII

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Quote from: rdluffy on May 14, 2019, 11:00:18 AM

It's very good to know that people are very optmistic about future price
I'm think the next ATH will be $ 30k

IMO to reach more than 30k we need more big investors and adoption of the big ones like google, facebook etc
In this case I think it's easy to reach $ 100k

What, you think big players aren't in by this point? c'mon. When you start seeing bitcoin pushed by big brother onto the masses, the price could go to half a million and stay there. Cashing out at $100k is no guarantee that it's going to crash again and the cycle repeats.

WinslowIII

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Quote from: Wilhelm on May 14, 2019, 09:41:13 AM

I think it's better to keep to the earlier predictions. $40-$70k will be the next ATH.
I'm glad people are expecting higher

Why would the next halving cycle top be 2-4 times higher than the last halving cycle top, when the first two halving tops were like 20x the previous ones? This is where Draper gets his $250k top prediction, it's based on what has happened before.

I'd be careful what people will be cashing out into, the debt crisis is coming unabated and unstoppable. You don't want to be in fiat when it happens.

thecodebear

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Quote from: 1Referee on May 14, 2019, 08:40:41 AM

I'm strongly of believe that $100,000 is the very minimum the price will reach as peak. Everything above $100,000 is a bonus and I'll happily short from there and ride it down to a new bottom. Time frame wise I am looking at before the end of 2022. By that time institutions and more retailers have enough onramps to actually allow money to keep flowing in, which was a major problem in 2017 with how crippled the exchanges were.

By that time Lightning will provide the users the convenience, speed and low cost transactions they want and need. It might be even so that they don't know what the main network is because they're onboarded straight onto the Lightning Network. Cheesy

Yeah basically I've always seen $100k as the big goal for the next bull run, I think it'll break through it the way bitcoin broke $10k in 2017, it'll then shoot up out of market euphoria for eclipsing 6 digits, but that will also be the signal the bull market is about to end. I'd say eclipsing $100k, which I think it likely, would mean the peak is within 20 days of that, so I could see another $20k - $30k of mania buying added on top of that before the crash.

YuginKadoya

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I don't want to burst the bubbles of all that is predicting 100k will be reachable but for me, we are not yet ready to go beyond that, If we look at the past all-time high we reach $20,000 USD mark so it will definitely go beyond maybe $40,000 USD or just $50,000 then down again to the floor of $8000 USD well if my prediction and estimation with the given price we may manage to take, Well I could be wrong but I think at the end of this year we may take $12,000 USD to $16,000 USD mark if this bull continues.

rdluffy

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It's very good to know that people are very optmistic about future price
I'm think the next ATH will be $ 30k

IMO to reach more than 30k we need more big investors and adoption of the big ones like google, facebook etc
In this case I think it's easy to reach $ 100k

Baofeng

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What's our last all-time-high? Around $20k? So I will give an estimated like $40k-$50k will be the peak of the next bull run sometime 2021-2022. But I wouldn't be surprised if it goes 6 digits though. I mean one reason for the price to get up that high is that more institutional money will flow. So in the next 2-3 years, I'm expecting new sets of investors, who is very reluctant from 2017's run will suddenly jump and doesn't want to miss the boat in the next all-time-high runs.

Adriano2010

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I don't think we will reach 120k$ soon, but 40k$ can be reached this year if people will continue buy and also there can be some companies or whales who will buy and make the price go to that range.

Wilhelm

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I think it's better to keep to the earlier predictions. $40-$70k will be the next ATH.
I'm glad people are expecting higher

Ailmand

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That's unrealistic for now though it isn't wrong in aiming for the best. As for me, it's better to wait for Bitcoin to reach $20k first as it did last bull run. The market has just started recovering so we must not expect too much from it this early.

tomahawk9

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I'm gonna play it safe and say that we'll most likely stay in the 5-figure region during this bull market. 100k or above sounds a bit 'insane' (even though the crypto market is one of the craziest markets out there). I'm looking at maybe 50k-60k at its peak, the way up to those figures will be fueled by smart money, institutional investors, and whatnot, thanks to Fidelity, ETF, NASDAQ, and all that crap. Once we consolidate a good floor within the 5-figure region, then I think we'll start testing the 6-figures.

LeGaulois

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I first want to see the $20,000 again then I will start to think about the $100k. In 10-15 years it's possible but by 2021 or 2022 you're too optimistic. I'm not going to get excited because Bitcoin has gained 30% in 2 days. The halving speculation is just what it is: speculation. Nothing is written in the stone

dark08

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Its been a year since the bear market run now we already in bull market and easily reach the $8000 level but personally OP target is too far from the current price I will be happy if the price break the ATH in one to three months but its more happier if the price reach the $100k like what OP mention above.
Lets just keep watching on this situation I believe this year and next year Bitcoin will perform a good run for all of us.

Herbert2020

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i have been saying $100k for the next bubble peak when price was falling and i still don't see any reason to change that speculation of mine.

as for when, 2021 is a more reasonable time because in 2020 we will have a block reward halving which will cause a short term mini bubble which will be followed by a bubble burst but it can not be followed by a long bear market since the new supply will be reduced to half the current amount and that has always led to rises. as a result the bull market can continue to 2021 and set the ATH there.

i don't think this fast rising trend is going to last that long though. i think it may slow down soon and then we can see a slow ascend for a couple of months.

1Referee

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I'm strongly of believe that $100,000 is the very minimum the price will reach as peak. Everything above $100,000 is a bonus and I'll happily short from there and ride it down to a new bottom. Time frame wise I am looking at before the end of 2022. By that time institutions and more retailers have enough onramps to actually allow money to keep flowing in, which was a major problem in 2017 with how crippled the exchanges were.

By that time Lightning will provide the users the convenience, speed and low cost transactions they want and need. It might be even so that they don't know what the main network is because they're onboarded straight onto the Lightning Network. Cheesy

thecodebear

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Now that we're 6+ weeks into the bull market, and most people seem to have finally realized the bull market is indeed happening right now, let's here some price predictions for the next peak before the next long bear market, and when you think it'll occur.

I'm thinking $120k - $130k.

And I had been thinking late 2021 but with the quick powerful start this first month and a half of the bull market I'm starting to think a late 2020 or early 2021 time period is more likely.

Topic: Predictions: This bull market peak price and month it will occur - page 2. (Read 392 times)