Predicts $100k before end of the year - page 5.

elisabetheva

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Quote from: Ewox on February 22, 2021, 11:54:48 PM

It's true about the supply and demand of Bitcoin most especially now that Elon Musk had invested a huge amount of his money on it, however I still don't see it may reach to a $100k by the end of this year, it could go down to around $36k (no offense to those who are aiming for a high amount/price of Bitcoin); this is just my opinion though.

all may predict and analyze with what is proposed and that is fine because all ultimately return to each individual willing to believe or perhaps use or not the analysis that is informed.

I myself actually believe that it is not because @elonmusk has resulted in an increase now, if last year it was probably true when he bought up bitcoin so that the price increased.
but this year it has started to stabilize again and in fact I see it because of the influence of the halving which caused bitcoin to increase.

How long will the increase be, of course it cannot be predicted if you look at the past halving in November and December, whether this year will be the same. then if the same is the probability that a phenomenal increase will occur due to long time strains. so the $ 100K prediction for me is a sensible thing to come true, we are waiting for that.

btc78

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The question is How much does this man invested in Bitcoin , because this will give conflict of interest on why He says such a word to favor Him.

This is why i don't really believe in people or should i say Popular people that giving their speculation because if they really believe in technology or they are just wanting the currency to pump.

but seeing the price now is this the correction ?

https://coinmarketcap.com/

Sebas.tian

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Since bitcoin is still dominating as the king among other cryptocurrencies in the exchange market, show that before the end of 2021 BTC will hit $100k. With some results i got, during the pandemic till now give me full confidence that BTC will definitely get to $100k in no distance time.
According to some researchers who predicted 2017 that BTC price will increased higher which truly came to pass before the end of 2017. The same researchers has still predicted concerning this year 2021, that BTC price will hit $100k before the end of the year.

cryptoaddictchie

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Quote from: FinneysTrueVision on February 22, 2021, 09:56:13 PM

It would take less than a 100% increase to reach $100k. Nine months ago the Bitcoin price was around $9,000. It has gone up more than 5x since then. Bitcoin doubling to reach $100k with nine months remaining in the year is certainly a plausible situation. Even $250k per BTC is within the realm of possibility as long as the market remains bullish.

Actually its not hard if people are really gonna push it. The circulating supply is owned by majority of some big institutional players and some retailers. Imagine if those guys are gonna hold it for a long time, scarce means good since its bound by demand and supply. But lately, there are some huge corrections overnigjt happening and this could turn to a reversal or worse go down straight. But I'm positive that it could reached those level when the times come.

Ewox

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It's true about the supply and demand of Bitcoin most especially now that Elon Musk had invested a huge amount of his money on it, however I still don't see it may reach to a $100k by the end of this year, it could go down to around $36k (no offense to those who are aiming for a high amount/price of Bitcoin); this is just my opinion though.

FinneysTrueVision

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It would take less than a 100% increase to reach $100k. Nine months ago the Bitcoin price was around $9,000. It has gone up more than 5x since then. Bitcoin doubling to reach $100k with nine months remaining in the year is certainly a plausible situation. Even $250k per BTC is within the realm of possibility as long as the market remains bullish.

AniviaBtc

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Bitcoin have the capacity to even reach $200,000 before this year end, just imagine the length bitcoin covered within this short period of 2021 if it continues the the sky will be the starting point for this coin.

If that so, then bitcoin can also reach $500,000 this year or even next year?

We just need to wait for bitcoin to reach $100,000 this year because that is our goal for the mean time. I know that bitcoin will not fail us we just need to give it some time to work in the market especially that the it is so active and transactions are really working.

It is exciting to think that bitcoin is continuously in a bullish market and we are all observing and holding our coins well.

btc_angela

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Quote from: buwaytress on February 22, 2021, 10:46:24 AM

Quote from: btc_angela on February 22, 2021, 08:36:32 AM

I guess for those who have witnessed the bull run in 2017 and the following bearish trend in 2018-2019 won't be swayed but will take advantage of the opportunity because they have seen what's the potential of bitcoin in the future. We should learn our lessons in the past and think ahead.

People do think ahead, just seldom far ahead. Long-term in crypto seems to only apply to months, and not years, which is something crypto investors seem to have a problem with grasping =)

For a beginner like me in 2017? Yeah, I think ahead but not that far. I'm a complete noob that time, if I just manage to hold at least half of the bitcoin I earn through trading or gambling, looking back I could have made 1 BTC in 2017. But now that I have learn a lot from that mistakes, I haven't had 1 BTC today but the equivalent of fiat is the same as what I could have back in 2017.

And as I have said in previous threads, better wait for the next halving in 2024 before I will think of selling my stash then.

Oceat

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Quote from: blockman on February 22, 2021, 05:06:30 AM

He's right about the demand and supply of bitcoin. We also knew it, he just shared something basic that every bitcoin person knows but for those people that are still doubting it, that's good info that they have to think of.
He should have said the lost bitcoins forever and what's the impact of it regarding the supply.

It's just the same if Bitcoin is lost or being hold no one actually know how much is gone forever and the current circulating Bitcoin in the market. It's true that the supply is vey limited plus the demand is too high we might actually be able to see a $100k before the end of the year.

We still have 10 months left to wait for that to happen and Bitcoin is almost there just 50% of the price is needed and I would expect some big players going to join the bandwagon. But the question is, who? I think it doesn't matter as long as they enter the market with an intention to hold more Bitcoin or invest that would be great.

MinoRaiola

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Anyone who is satisfied with the scant data situation will find that the price usually increased by a power of 10. In 2011 it went from one to 10, after a break to 100 and at the end of 2013 even to 1000. Around four years later, the 10,000 hurdle was overcome, now the 100,000 should follow according to the pattern.
Because if history really repeats itself, even the $ 100,000 plotted in the chart would still be a conservative price target by the end of 2021. If the Bitcoin continues the same course as last time, it can also overshoot significantly, as a look at the chart shows.

Golftech

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Quote from: MCobian on February 22, 2021, 04:11:40 PM

It makes perfect sense what Antony Scaramuc said as the Skybridge capital founder, that with limited supply and demand that is so high,
the price of Bitcoin will continues to rise. And there's a chance Bitcoin will hit $ 100k before the end of this year. Moreover, the effect of
large companies like Tesla buying large amounts of Bitcoin, actually triggered the Bitcoin price increase. Even though currently the Bitcoin
price is experiencing a correction, but based on my analysis this is a healthy correction. So in the near future the Bitcoin price will recover soon
and can go up even higher.

Looking good still, giving those late comers an opportunities to buy in and start playing
with this market, knowing those sentiments from new investors the price may increase
up to that level, supply and demand once being executed imagine how high the value can
go. We never know but we are all hoping for the best.

Fatunad

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Easy to say but hey this one is possible just like on what we hadnt anticipated when bitcoin was still below 20k price where everybody was calling about 30k and 50k
and lots had said that it is way too impossible including me because if we do consider on how far we should need to jump before reaching out that price is really
on that long years to come but wasnt expected that adoption and recognition did really go to peak level where we do see these numbers we are seeing atm.

ReiMomo

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Quote from: Leviathan.007 on February 22, 2021, 02:15:29 PM

It's so hard to predict the price of bitcoin specially in the current situation, because the price is over reacting to any fundamental news and fear and greed index is pointing on extreme greed this will show us how people are greedy in the market. Just a few weeks ago I could say bitcoin price will 50K at the end of this year after the price correction. But right now, even 100K is not that much far how ever in order to rich this price, bitcoin needs a correction to lower levels.

I think that is too much if we predict $100k before the end of the year. We are still an unpredictable market and the price of bitcoin is very volatile.
Others perspective on bitcoin price will possibly repeat itself in the year 2017, but I'm thinking about the big investors like institutional investors that will I guess will continue their belief in bitcoin and invest as much as they can. How can it happen to repeat itself?

I guess bitcoin will around $70k-$80 at the end of this year. It's far better the price of $100k with in this year.

MCobian

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It makes perfect sense what Antony Scaramuc said as the Skybridge capital founder, that with limited supply and demand that is so high,
the price of Bitcoin will continues to rise. And there's a chance Bitcoin will hit $ 100k before the end of this year. Moreover, the effect of
large companies like Tesla buying large amounts of Bitcoin, actually triggered the Bitcoin price increase. Even though currently the Bitcoin
price is experiencing a correction, but based on my analysis this is a healthy correction. So in the near future the Bitcoin price will recover soon
and can go up even higher.

Stedsm

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From $10k, it took us to $58k and is currently worth $53880 (at the time of writing this), so we need nothing more but a 2x from here and voila, we'll be seeing BTC over $100k. Now I understood why those old guys who were saying that BTC will be worth $500k and some even said that it'll be worth a million dollars, were actually right about it and knew something we guys didn't know anything about. They probably knew the timings of institutions entering BTC and while Microsoft reached a trillion dollars marketcap in over 25 years, BTC managed to do it in half of it.

ololajulo

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100k is less than 2x from the present price. If the move in the bullish can show such movement from last year till now at 15x from 2020 bottom ($4000) and the influence of the wealthy from acquisition had provide the level of scarcity, then our expectation for a parabolic move will fall above 200k, even within this year.

Leviathan.007

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It's so hard to predict the price of bitcoin specially in the current situation, because the price is over reacting to any fundamental news and fear and greed index is pointing on extreme greed this will show us how people are greedy in the market. Just a few weeks ago I could say bitcoin price will 50K at the end of this year after the price correction. But right now, even 100K is not that much far how ever in order to rich this price, bitcoin needs a correction to lower levels.

Iranus

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Yes it is predictable, but you can't say it will hit exactly on $100k, it can be surpass $100k. if you say, it will take 10 months to touch $100k then no one knows what is going to be happened upcoming 10 months. If you concern about current growth of Bitcoin and it's market capitalization then it is confirm that Bitcoin will surpass $100K soon cause now it is more demanded coin but maybe it can take more or less than 10 months to hit $100K.

buwaytress

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Quote from: btc_angela on February 22, 2021, 08:36:32 AM

I guess for those who have witnessed the bull run in 2017 and the following bearish trend in 2018-2019 won't be swayed but will take advantage of the opportunity because they have seen what's the potential of bitcoin in the future. We should learn our lessons in the past and think ahead.

People do think ahead, just seldom far ahead. Long-term in crypto seems to only apply to months, and not years, which is something crypto investors seem to have a problem with grasping =)

Quote from: Raflesia on February 22, 2021, 10:04:00 AM

Many people want higher prices. Will this be 100k half of the current price while this is only in the first quarter?
If the market is in good condition then I'm sure people like it more and even institutions will take part in the influence of bitcoin, but it's a very high delusion when people think positively about this then we need to realize that the full price of bitcoin it fluctuates and bubbles.

Hey, it's the name of the game in the end. I too want higher prices, but I'd very much like to have a bit more reason and foundation for that high price. Institutions also would very much prefer that too, I'm sure.

ice098

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Quote from: AakZaki on February 22, 2021, 10:38:44 AM

nothing is impossible, in the world of cryptocurrency everything can happen overnight. Bitcoin prices of up to $ 1 million might happen but who knows when, the time cannot be predicted. Currently, the price of bitcoin is very high. Before hitting $ 1 million bitcoins will still cost $ 100k. There has been much speculation about the price of bitcoin. This is still the beginning, Bitcoin is still growing. Bitcoin is becoming a valuable digital currency today.

Yes I agree, I think with this continuos adaptation of business owners, well known personalities or influencers it will greatly affects the bitcoin price and before this year ends our bitcoin price will go higher than our current price now and soon we will all go to the moon as we rich $100,000 mark price, I just wish that altcoins will went up higher than today as well so I am still holding many of it especially $ETH, $BNB and $DOT .

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