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Topic: Will Bitcoin reach $50k by the end of 2021? - page 6. (Read 1263 times)

legendary
Activity: 2576
Merit: 1043
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The year is just starting and yet we've seen Bitcoin reached its new ATH so far which is $41,941.56 base on Coinmarketcap.
This is just one sign that it can go up to $50,000 anytime this year.

TBH, $50,000 is quite conservative in my part and with the institutions continuously buying it I know that it will cost more as the coming months pass by. I don't know if this is true nor I don't know where I saw this but I'm thinking that Paypal will integrate buy, sell and transfer crypto in their platform. If this will happen, this might be a catalyst towards Bitcoin's price.

Now as of this moment, it looks like Bitcoin is on a sideways movement at the $30,000-$40,000 price range and I think that this will continue for a few weeks to months.
full member
Activity: 574
Merit: 125
We have seen so many predictions before the ATH and they are all good because it happened and we have seen a new ATH, hoping that our predictions would happen again for the next day. $50k is quite possible if the whales are going to make it happen. I am looking at more than $50k hoping that bitcoin could reach $100k in the future, so this time is still not too late for us to buy bitcoin but we should still consider that it could still go down anytime.
full member
Activity: 896
Merit: 115
50k$ price mark for Bitcoin is very achievable considering the fact that major investors got in this year and more still likely to come. But I feel there is still some dip will still come before any major move like we were witnessing before Musk created a fomo scene that changed market direction. But the growth we need is more than that kind of scenario.
member
Activity: 573
Merit: 30
Bitcoin increasing in price back to $40k might be what we won't see again this year let alone another new peak of $50k. The whale will not keep buy the dip except there is another development or improvement brought to Bitcoin. Remember we usually experience bull market when there's a new Bitcoin fork which we had mid last year.
And as we would see, since the ATH this January, we've seen Bitcoin dropped back to $29k before it rose back to $38k three days ago. Now it is at $33k. I believe we will start experiencing price fluctuations between $20k to $30k.
hero member
Activity: 1036
Merit: 514
For the first time ever, Bitcoin reached a new All-time-high (ATH) of $40k per coin. Those who held Bitcoin since 2017 (or before) would've made a lot of money by now. Unfortunately, prices have stalled as Bitcoin is stuck between the $30k - $32k range. It could be the cause of whales buying the dip to pump the price at a later time. Whatever the reason for the price drop, Bitcoin is still much more valuable than what it was a couple of years ago. If the pandemic continues to take the world by storm, we may continue to witness new ATHs in price.

All of this makes me wonder, will Bitcoin will reach $50k by 2021? If it does, 2021 will prove to be Bitcoin's biggest year with astronomical returns for early investors. Right now could be the perfect buying opportunity while Bitcoin is still in the $30k range. What are your thoughts? Huh

No, it's not stuck as we've seen THE price spike up yesterday up to $38,7k albeit only briefly, and today's range between 32,860 — 34,931 based on bitstamp.
Bitcoin definitely will reach $50k, it shouldn't take so long, probably in February-March and $30k is a good entry point for those who want to take profit before it climbing up again hit a new ath. Bitcoin undoubtedly provides a great return on investment considering the very significant price increase, not only for early investors, especially the price forecast in this year may reach over $100k.
legendary
Activity: 2408
Merit: 4282
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All of this makes me wonder, will Bitcoin will reach $50k by 2021? If it does, 2021 will prove to be Bitcoin's biggest year with astronomical returns for early investors. Right now could be the perfect buying opportunity while Bitcoin is still in the $30k range. What are your thoughts? Huh

So judging from it's previous all time highs which was around the $45k+ mark don't think bitcoin achieving $50k is that much of a biggie. The milestone would be at the $100k trading price and that's what everyone is talking about. Bitcoin can easily do a $50k moved with in days.

Form its current price, that'll be just a 20-30% simultaneous moved for it to be trading above the $50k trading value. Bitcoin does almost 15%+ moves in 24hours when it in the moved therefore that won't be that much a challenge to achieve.

The hype must have subside but that shouldn't be misunderstood as the bull market is over because we're yet to see the best the market can offer. Currently bitcoin is giving room for other coins to benefit form the inflow of institutional funds and soon it'll kick off from the point it relaxed.
hero member
Activity: 2870
Merit: 574
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Bitcoin will reach $50k in the right time, but to say it will happen in 2021, it will difficult to say because anything can happen to bitcoin.
As we know that bitcoin prices can go to any price, we can only dream that it will happen this year, and I am sure many people, including the investor, will always wait for that.
But how about the investor that buys bitcoin at that price? Hmm, I think that will make them feel so sad because they buy bitcoin at a peak, and I guess some of them will be desperate.
If they can still hold bitcoin, they will have more chances to sell at another high price because bitcoin price will make new ATH in the future, and we do not know what that highest price is.
member
Activity: 462
Merit: 16
The price of Bitcoin can go down at any time and now is not the right time to invest in bitcoin.Now you have to invest bitcoin but you have to invest with risk.Because, many people think that by the end of 2021,the price of bitcoin will go up to 50 thousand dollars,but no one can imagine it correctly.So, it is better for everyone not to take such a risk.
full member
Activity: 463
Merit: 100
In the event that the crypto market, particularly bitcoin can be steady, as I would see it, the cost of $ 50 can undoubtedly be reached by bitcoin, yet relying on the prerequisite that bitcoin doesn't increment to an extreme, this will make it simpler for bitcoin to increment. since there are such a large number of bitcoins, to be specific inordinate mistakes and dump siphons, value catching, and speculators getting dubious, possibly it ought to be dodged.
jr. member
Activity: 266
Merit: 4
It will happen. Even much faster than you think.
Do you think it will happen before middle of this year. I don't think so. I am appreciate with him because i also think that Bitcoin will reach 50k or cross 50k in the end of 2021. Though Bitcoin is so much potential coin but i think it's not happening as soon. In the price chart you can see that Bitcoin price up and down between 30k to under 40k.
full member
Activity: 1148
Merit: 158
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As long as the pandemic is right there in the corner, we can expect as much that BTC will still increase, as I've noticed that the pandemic do have been a great factor in the increase of BTC. (Though, bad in many other ways) $50k is really generous as I'm expecting more of $60k + as long as the Covid is right there and evolving.

sr. member
Activity: 1050
Merit: 286
For the first time ever, Bitcoin reached a new All-time-high (ATH) of $40k per coin. Those who held Bitcoin since 2017 (or before) would've made a lot of money by now. Unfortunately, prices have stalled as Bitcoin is stuck between the $30k - $32k range. It could be the cause of whales buying the dip to pump the price at a later time. Whatever the reason for the price drop, Bitcoin is still much more valuable than what it was a couple of years ago. If the pandemic continues to take the world by storm, we may continue to witness new ATHs in price.

All of this makes me wonder, will Bitcoin will reach $50k by 2021? If it does, 2021 will prove to be Bitcoin's biggest year with astronomical returns for early investors. Right now could be the perfect buying opportunity while Bitcoin is still in the $30k range. What are your thoughts? Huh
We can never be certain about bitcoin's potential's price in the near future. In terms of bitcoin's value reaching $50k in the future, we need to first consider the possible hindrance that may take place before bitcoin can ever make it to $50k. 2021 might be a good opportunity to start a new journey but we can never turn back from the things that has already taken place before. All we can do right now is give them advice on how they can make it to the quota at the end of the day. Nevertheless, if ever bitcoin reachers or not $50k, we should never stop believing on it already.
sr. member
Activity: 301
Merit: 250
According to the popular model in the twitter it may reach even higher price. Anyway, i think that 50k is a good point
legendary
Activity: 1540
Merit: 1002
snip
It is somehow possible but the demands of the bitcoin is the one who have impact of it price. Many investors take a risk on the bitcoin and I think because of the price many of the investors or bitcoin holders will sell it to take advantage of it price dor noe the bitcoin havebhigh price and limited cap but I think mass selling will bring down the price of it
Btw, Elon changed his bio on twitter to #bitcoin which indicates that he supports bitcoin. maybe bitcoin could indeed go down if that happened, but I don't think it will be as massive in 2017 or 2018. Currently there are many large institutions investing in bitcoin, although there is still a possibility for bitcoin to dip, because the market cycle is definitely there, but it won't got to levels under $15k imo. because I believe that the big institutions that invest in large amounts are unlikely to allow it. The price is stuck between the $30k- $32k price level, I think this is quite good for price development, where people start to consider receiving their salary with bitcoin and many people are interested and acknowledging bitcoin, this of course is a demand and this demand will definitely increase the value bitcoin
member
Activity: 246
Merit: 13
For the first time ever, Bitcoin reached a new All-time-high (ATH) of $40k per coin. Those who held Bitcoin since 2017 (or before) would've made a lot of money by now. Unfortunately, prices have stalled as Bitcoin is stuck between the $30k - $32k range. It could be the cause of whales buying the dip to pump the price at a later time. Whatever the reason for the price drop, Bitcoin is still much more valuable than what it was a couple of years ago. If the pandemic continues to take the world by storm, we may continue to witness new ATHs in price.

All of this makes me wonder, will Bitcoin will reach $50k by 2021? If it does, 2021 will prove to be Bitcoin's biggest year with astronomical returns for early investors. Right now could be the perfect buying opportunity while Bitcoin is still in the $30k range. What are your thoughts? Huh
It is somehow possible but the demands of the bitcoin is the one who have impact of it price. Many investors take a risk on the bitcoin and I think because of the price many of the investors or bitcoin holders will sell it to take advantage of it price dor noe the bitcoin havebhigh price and limited cap but I think mass selling will bring down the price of it
newbie
Activity: 3
Merit: 0
Based on the BTC market, yes it will but surely it won't just ends at 50k but i am estimating that this will lead to at least 70k
jr. member
Activity: 72
Merit: 2

Bitcoin price should rise after the correction, and it will be reached.
full member
Activity: 1026
Merit: 110
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Not impossible. I think it will happen.

Once bitcoin start pumping, it doesn't take too long to hit the big price.

Even Bitcoin can hit a big price which is beyond our comprehension.
newbie
Activity: 1
Merit: 0
It will be reached, even up to 8 dollars. Smiley
newbie
Activity: 8
Merit: 0
Bitcoin might surpass more than $50k dollars, because most people were waiting for Bitcoin to fall so they could purchase it, so I'm seeing a positive change in btc by 2021
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