Topic: Will Bitcoin reach $50k by the end of 2021? - page 8. (Read 1264 times)

It is already the biggest year for bitcoin and it touched astronomical valuations and returns for all the early investors and even for investors who invested back in 2019, i am expecting the price of bitcoin to rally again before the big correction but you cannot expect the timeline when that would happen but i am expecting this in the coming months.

Crypto market is something different from the real world market. The market can move in any direction in no time. We need to be ready with alternate plans, so to overcome the market changes and maintain the portfolio. Upon that we've already reached close to $45000, and $50k isn't far away from the ath value reached. There is more than 80% chance of price reaching $50k within 2021.

I am more confident that bitcoin can redeem $ 50k in 2021, this is a huge advantage that investors prefer. very high bid is it going to be for bitcoin to get through with it all? especially with Elon Musk tweets and this is indeed a real expectation, only we are looking forward to what quarter we will find out about all this.
The question will be resolved later if everything is proven, then new history will be recorded again with the highest mark.

I'd say Bitcoin is "in the cards" to reach $100k this year. With all the current happenings in the economic-social space, people are in need for a new solution more than ever. You see what is happening with some hedge funds and retail platforms. Fiat (especially the dollar) inflates like crazy and the political space is trembling.

In a world of information we need a trustworthy proof-of-value. We should be able to hold the value of our hard-earned money and not hurry to spend it because it is losing value. Of course that inflation is a good incentive for investment, but do we really need that when we have better solutions?

I believe it will reach $50k by the end of this year. There is enormous FOMO right now, both from retails and institutional investors.

If the US/SEC doesn't do anything drastic, especially now after the Robinhood + DOGE fiasco, we may see the $50k even sooner.

Pandemic is not the main factor why the price of bitcoin can reach ATH in 2021. There are several other factors that support this price increase and I think one of them is that many institutional investor are willing to invest in bitcoin for the long term.
Halving has also played an important role in the rise of bitcoin and if you look at its history, there is a possibility that bitcoin will be much more valuable at the end of this year or early 2022. I agree with @Lucius opinion.

In the past few days we saw bitcoin position. Today bitcoin again pump. In the last year of 2021 i am going to say yes, bitcoin will touch 50K.

A few months ago, I thought it was something highly improbable for Bitcoin to reach $40k. I thought it's something that might happen years from now, but definitely not months. Now that this point was already reached, I feel like $50k is a very realistic threshold not only till the end of 2021, but something we can see till the end of winter, actually.
As for the pandemic, though, its effect on the price is not likely to always be positive, as the initial effect was a very negative one. If something unexpected happens once again, the price might explode like it did before, so we have to stay cautious.

Isn't it too early to make such speculations? Well, at this moment it is more likely to be speculated that the market price will be able to reach $50k of a market value at the end of this year since what happened recently, is still fresh in our minds, when Bitcoin reached its ATH. But things will be different as months are passing by this year wherein we will be having idea whether the price would be able to recover or not, given that there are also negative assumptions as to what happened before, way back 2017, wherein the market price of it remained in the low end for more than a year.

The path of least resistance for bitcoin is on the higher side, and the cryptocurrency could more than double from its current value in 2021. I believe that bitcoin appears as a better investment opportunity than gold as of January 2021. Analysts said that it's more likely BTC to reach $50,000 per coin than retrace to the old highs of about $20,000.

Yes it will possibly reach the price of $50,000 before year ends as some factors affecting the surge of price like what Elon Musk has done with the current market where hype is on it's track that made a pump. I know that there were more surprises in the coming days so let's see what happens.

The way in which bitcoin price fluctuated as raised from 20k to 30 in just 2,3 week and then 30k to 40 k in very short time. I guarantee that bitcoin price will cross 50 k before april 2021.
Bitcoin price down to 30k but this is correctness which is necessary and now again bitcoin rwach 34 k and soon 40k then will move forward to 50 k in short time.

Way back 2017, we had multiple spikes from the price of BTC, and during 2020 as well, hitting back-to-back ATHs, and the upcoming 2021 would definitely be the same, not only that it gained so many investors but the influence of BTC and these famous people like J.K. Rowling and Elon Musk continues to be of support and influence with cryptocurrency giving Bitcoin more exposure to people, hence, giving the platform more popularity, I honestly think it can even go beyond the $50k mark.

no because bitcoin will surpass $50k by next month. it is like in January 2017 asking if bitcoin will have reached $5k by the end of 2017!
the rise is just getting started and only going up 25% in a whole year means bitcoin in that year had basically no growth at all because 25% is TOOOOOO tiny. price needs to go up at least 1000% this year to reach the intrinsic value of bitcoin and no longer be considered under-valued.

that means reaching around $400k to $500k which is also in line with all its previous rises and technical analysis also supports this. additionally extrapolation of the historical data and the logarithmic growth that bitcoin has been seeing supports this price level by the end of 2021.

If the crypto market, especially bitcoin can be stable, in my opinion the price of $ 50 can easily be reached by bitcoin, but on the condition that bitcoin does not increase too much this will make it easier for bitcoin to increase. because there are too many bitcoins, namely excessive errors and dump pumps, price trapping and investors becoming doubtful, maybe it should be avoided

I’m going to say yes, I think the odds are heavily in favour of the price breaking $50,000 before the end of the year & probably quite comfortably in my honest opinion. We are in a massive bull run, there is institutional demand. We are going to the moon, don’t discount 6 figures $ per bitcoin.

With all of those predictions, they're doubling the $50k for which I'm also putting my hope in it but if it won't do for this year then higher than $40k is possible and also a delight. Even with the reduction of pandemic's active cases, bitcoin will continue to rise. People will learn the importance of investment and most of them will look for an investment that they can lean on although it's high risk but rewarding and not a scam which is bitcoin.

It will happen. Even much faster than you think.

There are so many factors affecting the price of Bitcoin, so we are unable to predict it. I believe Bitcoin can achieve $50K price mark by the end of the year as easily as it gained $6K after Musk's Twitter promotion.

If we take into account the fact that we are in the year after halving, and if we look at history - it would be quite realistic to expect Bitcoin to explode again this time - and if that happens, $50 000 is a very modest figure if we know that during 2017 the price went up as much as 20 times. What makes a significant difference now is the great interest from institutional investors, who seem to be betting on Bitcoin as a long-term investment.

The pandemic will certainly not end this year, we are far from getting all people vaccinated - but this should not be seen as the main reason why Bitcoin is becoming more valuable. This whole situation has actually benefited those who have a surplus of money, to the detriment of those who do not even have enough for basic living needs. The average Joe found himself out of work and bankrupt, selling everything he had, including BTC - the big players bought and locked coins in custodial cold wallets - with a lot of coins change hands in a direction that is not very good in the long run.

It is never too late for long-term investments, although it is far more profitable to do such things in the time of the bear market - and in the past 3 years there have been opportunities to buy BTC at prices below $5000 on several occasions.