Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: ayatoslaw on August 17, 2020, 03:09:20 AM
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Maybe many are confused how it happened, because the price of bitcoin today is still around 11k usd.
yes, it will not happen this year, but there is a possibility next year.
If based on bitcoin's annual chart history, then there is a possibility that bitcoin price will reach 250k usd by the end of 2021,
for more details, see the chart below.
(https://www.tradingview.com/x/ZHit05wC/)
you can see, that every 4 years bitcoin always enters a bullish trend after the halving occurs,
and if based on bitcoin's annual chart history, then there is a possibility of a bullish occurrence in 2021, because Halving has already occurred in May 2020.
This is still a simple analysis, whatever it is everything returns to market conditions, because the function of the analysis is not to see the future, but to see possible prices that will occur.
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Maybe many are confused how it happened, because the price of bitcoin today is still around 11k usd.
yes, it will not happen this year, but there is a possibility next year.
If based on bitcoin's annual chart history, then there is a possibility that bitcoin price will reach 250k usd by the end of 2021,
for more details, see the chart below.
(https://www.tradingview.com/x/ZHit05wC/)
you can see, that every 4 years bitcoin always enters a bullish trend after the halving occurs,
and if based on bitcoin's annual chart history, then there is a possibility of a bullish occurrence in 2021, because Halving has already occurred in May 2020.
Im not sure i understand well about the chart but can i ask you what is the multiplier factor that reach bitcoin to $250K? I'm asking because i'm not convince the way its multiplied to reach that price. its beyond my imagination! you see BTC price at 2013 its just over a thousand dollars then in 2017 it jumped to almost $20K, now in 2021 it predicted to $250k? amazing if it happens but i doubt even to reach at $100k.
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--snip--
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Im not sure i understand well about the chart but can i ask you what is the multiplier factor that reach bitcoin to $250K? I'm asking because i'm not convince the way its multiplied to reach that price. its beyond my imagination! you see BTC price at 2013 its just over a thousand dollars then in 2017 it jumped to almost $20K, now in 2021 it predicted to $250k? amazing if it happens but i doubt even to reach at $100k.
Nothing is impossible for crypto, and looking at the predictions that have been made so far, the possibility of a significant spike can occur.
The first and second halving we see that there has been a significant jump from the first halving the highest price was: $ 1,123 and then the second halving to: $ 19,665.
in calculation, how many times the increase is there?
19X fold and will the third halving only equal the increase in 2017? I don't think so and it can be several times over.
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--snip--.
you can see, that every 4 years bitcoin always enters a bullish trend after the halving occurs,
and if based on bitcoin's annual chart history, then there is a possibility of a bullish occurrence in 2021, because Halving has already occurred in May 2020.
Im not sure i understand well about the chart but can i ask you what is the multiplier factor that reach bitcoin to $250K? I'm asking because i'm not convince the way its multiplied to reach that price. its beyond my imagination! you see BTC price at 2013 its just over a thousand dollars then in 2017 it jumped to almost $20K, now in 2021 it predicted to $250k? amazing if it happens but i doubt even to reach at $100k.
you do not have to believe in my analysis, because what matters is how you believe your own analysis. because that's the most important thing when you as a coin holder, and that's just a small prediction, if it happens then i will be happy, but if it doesn't then it's not a problem, i'm still lucky because i bought a few months ago when the price of BTC was below 10k usd.
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In future BTC will touch the 200K$ and i hope that may be it cross this value also and make a more high this time.
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So far, these are all just diagrams that have little to do with real life. Bitcoin once went up to $ 20,000 in price, after which we had a bear market problem for several years. It would also be possible to speculate about something if then, in 2017 and beyond, bitcoin would hold on to this price position, after which it would continue to grow in price. After all, today we have a bitcoin price of $ 12,000.
First of all, I am interested in whether there are many investors who will be ready to buy bitcoin at a price of, say, one hundred thousand dollars, knowing that tomorrow its price may again drop to ten thousand dollars.
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Yes, it is difficult to say how much the price of bitcoin will rise by the end of next year. We are only sure that such growth should be. However, graphs and diagrams are just a theory that is not always implemented in practice.
The bitcoin price of $ 200,000 even now seems completely unrealistic. In a year and a half, we will be able to see if the charts work for very high price forecasts.
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Bitcoin is not a person or something that has life and nature. Its an artificial thing and it shows us people's emotions. I think those happen before because of demands not because of its bitcoins nature.
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First of all, I am interested in whether there are many investors who will be ready to buy bitcoin at a price of, say, one hundred thousand dollars, knowing that tomorrow its price may again drop to ten thousand dollars.
Yes, it's still uncertain whether anyone would buy if the price of bitcoin was 100k usd, like when the bitcoin price was 20k usd, I also wondered if anyone would buy at that price. and in the end I believe that nothing is impossible, and another thing that is the reason why the price of bitcoin goes up is the mining fee, so sooner or later the price of bitcoin will increase according to demand and also the reason for the expensive mining fees.
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I very much doubt that the price of Bitcoin can reach the $ 250K level - in the current reality, this is not possible anytime soon. It can be imagined if the dollar is subject to hyperinflation
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I very much doubt that the price of Bitcoin can reach the $ 250K level - in the current reality, this is not possible anytime soon. It can be imagined if the dollar is subject to hyperinflation
You can doubt that, because I personally if I don't fully believe in that, I just made a simple analysis, true and not it depends on the market, all I can say is that bitcoin has entered bulletin territory, and that's good news in my opinion than looking at future price of bitcoin :)
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Speaking in an interview with Yahoo! Finance on August 9th, the notoriously bullish Draper predicted that Bitcoin would hit $ 250,000 by 2023. However, due to the current trend, there may be a slight delay but it will definitely come true.
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I believe that bitcoin always have the season of halving and a season of crisis. The only thing that I can't believe is that the is the speculation. I think that is not possible as we can see that many were already bankrupt when bitcoin is in crisis last two years while others have gained much.
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Speaking in an interview with Yahoo! Finance on August 9th, the notoriously bullish Draper predicted that Bitcoin would hit $ 250,000 by 2023. However, due to the current trend, there may be a slight delay but it will definitely come true.
If the bitcoin trend has a 4-year cycle according to the Halving, then 2023 bitcoin should be entering the bearish trend area, maybe 2025 will make more sense. But who knows how many years exactly the bearish and bullish bitcoin cycle starts and ends, that's just theory.
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i dont hope too much but everything is possible in crypto. in this year price of btc hit 250$k is not easy. but your analysis give some hope & from 18$k to 250$k rise its a big. if market dont crush again then we can hope.
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Maybe many are confused how it happened, because the price of bitcoin today is still around 11k usd.
yes, it will not happen this year, but there is a possibility next year.
If based on bitcoin's annual chart history, then there is a possibility that bitcoin price will reach 250k usd by the end of 2021,
for more details, see the chart below.
(https://www.tradingview.com/x/ZHit05wC/)
you can see, that every 4 years bitcoin always enters a bullish trend after the halving occurs,
and if based on bitcoin's annual chart history, then there is a possibility of a bullish occurrence in 2021, because Halving has already occurred in May 2020.
This is still a simple analysis, whatever it is everything returns to market conditions, because the function of the analysis is not to see the future, but to see possible prices that will occur.
If your basis was that every 4 years there is a Bitcoin halving happened, I think this is just your own speculations only, just like what everybody said it will remain a diagram only. Although, it is not our loss anyway if we believe or not. And besides, in cryptocurrency the impossible things become all of a sudden in the future possible then.
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We will see the opportunity, can reach 250K $ or not? I think it is not impossible for bitcoin. but depending on market demand.
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Bitcoin is basically a lot like shares or currencies traded in the world of internet so its price fluctuates regularly it is itself a medium of exchange like the dollar or the euro prices have risen to up to two thousand dollars this week. The value of Bitcoin has started rising again this year therefore there is no doubt that the bullish trend will push the price of Bitcoin to k 250k this time demand increases due to rising prices.
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You really think it will rally all the way to 250k?
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Bitcoin is not a person or something that has life and nature. Its an artificial thing and it shows us people's emotions. I think those happen before because of demands not because of its bitcoins nature.
Frankly speaking Bitcoin is not an artificial thing as you put it. Bitcoin is a cryptocurrency, a form of electronic money. It is a decentralized digital currency independent of banks, and can be sent from user to user on the peer-to-peer bitcoin blockchain network, akso without the need for intermediaries.etc
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i dont hope too much but everything is possible in crypto. in this year price of btc hit 250$k is not easy. but your analysis give some hope & from 18$k to 250$k rise its a big. if market dont crush again then we can hope.
you can expect at any price, i don't think the market will crash again, although there is a possibility but thinking Bitcoin has been in a bearish trend for too long, i don't think whales will also let bitcoin stay in the abyss any longer.
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i don't think the market will crash again, although there is a possibility but thinking Bitcoin has been in a bearish trend for too long, i don't think whales will also let bitcoin stay in the abyss any longer.
Are you sure? Even the curent trend the market dropping gradually? Actually I hope the market still can rise again more and more. I have bought some coins, if the market will crash, then I don't know with my current assets. Maybe I will hold again for a long time. ::)
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i don't think the market will crash again, although there is a possibility but thinking Bitcoin has been in a bearish trend for too long, i don't think whales will also let bitcoin stay in the abyss any longer.
Are you sure? Even the curent trend the market dropping gradually? Actually I hope the market still can rise again more and more. I have bought some coins, if the market will crash, then I don't know with my current assets. Maybe I will hold again for a long time. ::)
For us who are simple man in cryptocurrency doesn't know what is the next plan to implement whether bullish or bearish. So far, the market is gradually increasing nor gradually decreasing. We don't know if the bullish or bearish trend will be long or just short. I think what we can do now is whether we should buy more, trade now, or just hold.
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i don't think the market will crash again, although there is a possibility but thinking Bitcoin has been in a bearish trend for too long, i don't think whales will also let bitcoin stay in the abyss any longer.
Are you sure? Even the curent trend the market dropping gradually? Actually I hope the market still can rise again more and more. I have bought some coins, if the market will crash, then I don't know with my current assets. Maybe I will hold again for a long time. ::)
Chart never lies, if there is no bad news there is a high chance that bitcoin will continue to rise to reach the next target 13k usd, the strongest support today is around the 11k usd area,
several days bitcoin is in the 11k usd area, and this is a sign of strong support in that area, even if the 11k usd support area breaks there is still another support.
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No doubt that base in the bitcoin chart no one can argue. But of course this is just what had happened from the past which we could say too that the possibility of opposite direction is possible too. I'm saying this because it seems like whales are controlling the fluctuations of btc. If that so, then they can make a change different record of time table.
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It is natural that the price of Bitcoin will increase in the coming years. Because Bitcoin's popularity has increased. Everyone has started using Bitcoin. Bitcoin's popularity will increase but the price of Bitcoin may not be $200,000. Because I think it takes a long time to get $200,000. We may not see that. Because then maybe we won't be on earth. Then the price of bitcoin will be higher. But I believe that the current situation will change a little bit. Because Bitcoin is the best coin in our cryptocurrency world.
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It is natural that the price of Bitcoin will increase in the coming years. Because Bitcoin's popularity has increased. Everyone has started using Bitcoin. Bitcoin's popularity will increase but the price of Bitcoin may not be $200,000. Because I think it takes a long time to get $200,000. We may not see that. Because then maybe we won't be on earth. Then the price of bitcoin will be higher. But I believe that the current situation will change a little bit. Because Bitcoin is the best coin in our cryptocurrency world.
If bitcoin price doesn't reach 200k usd in 2021, then there is a possibility 2025 or 2030, but that's still too far to talk,
the price of bitcoin is the beginning of bitcoin for investors to believe again, because many investors are stuck at the price of 20k usd in 2020, and 2021 is the right time for bitcoin to go to the moon.
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A few people know I invest in "Crypto" but aside from that it's really not worth it.
If you succeed and they didn't jump in they're jealous. If they do jump in and it's a bad investment it's your fault.
Not worth the headache, it's stressful enough when all you have to worry about is have you picked the right projects yourself
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Maybe many are confused how it happened, because the price of bitcoin today is still around 11k usd.
yes, it will not happen this year, but there is a possibility next year.
If based on bitcoin's annual chart history, then there is a possibility that bitcoin price will reach 250k usd by the end of 2021,
for more details, see the chart below.
(https://www.tradingview.com/x/ZHit05wC/)
you can see, that every 4 years bitcoin always enters a bullish trend after the halving occurs,
and if based on bitcoin's annual chart history, then there is a possibility of a bullish occurrence in 2021, because Halving has already occurred in May 2020.
This is still a simple analysis, whatever it is everything returns to market conditions, because the function of the analysis is not to see the future, but to see possible prices that will occur.
I hope It will happen mate, Bitcoin has potential to reach @ 250k at the end of this. If It happened, I think will affect other crypto.
I think It is a good thing fro Crypto market.
We will see the good progress of majority Crypto.
Let's buy more coin now and hold until the end of this year.
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No doubt that base in the bitcoin chart no one can argue. But of course this is just what had happened from the past which we could say too that the possibility of opposite direction is possible too. I'm saying this because it seems like whales are controlling the fluctuations of btc. If that so, then they can make a change different record of time table.
It seems that this is exactly what is happening now. Information about several cases of moving to exchanges for several thousand bitcoins has appeared. Also, the price of bitcoin has now dropped to $ 11,228. This is one of the lowest prices in recent years.
This is one of the reasons why Bitcoin is likely to fail to reach very high prices.
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--snip--.
you can see, that every 4 years bitcoin always enters a bullish trend after the halving occurs,
and if based on bitcoin's annual chart history, then there is a possibility of a bullish occurrence in 2021, because Halving has already occurred in May 2020.
Im not sure i understand well about the chart but can i ask you what is the multiplier factor that reach bitcoin to $250K? I'm asking because i'm not convince the way its multiplied to reach that price. its beyond my imagination! you see BTC price at 2013 its just over a thousand dollars then in 2017 it jumped to almost $20K, now in 2021 it predicted to $250k? amazing if it happens but i doubt even to reach at $100k.
you do not have to believe in my analysis, because what matters is how you believe your own analysis. because that's the most important thing when you as a coin holder, and that's just a small prediction, if it happens then i will be happy, but if it doesn't then it's not a problem, i'm still lucky because i bought a few months ago when the price of BTC was below 10k usd.
Thats why people call about bitcoin price bubble. Meaning it never go undervalue of its previous price. It always upgrade of its previous price and go to moon.
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i dont hope too much but everything is possible in crypto. in this year price of btc hit 250$k is not easy. but your analysis give some hope & from 18$k to 250$k rise its a big. if market dont crush again then we can hope.
I agree mate. I think Bitcoin hit 250k USD is not easy, But Bitcoin has potential to do it. I see bitcoin progress at the market is good. But We should realistic. I think bitcoin halving will affect at the end of this year or the next year .
Bitcoin is still recovering now, Let's see.
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Bitcoin can never cost $200k. Because this year we're seeing $15k being eaten up a lot. So I think it takes many years to be $200k. So I think the price of bitcoin might be $15k this year. But it may take longer for prices to rise. I believe that. It could be too soon again. Because no one can say when and how the bitcoin market changes.
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Bitcoin can never cost $200k. Because this year we're seeing $15k being eaten up a lot. So I think it takes many years to be $200k. So I think the price of bitcoin might be $15k this year. But it may take longer for prices to rise. I believe that. It could be too soon again. Because no one can say when and how the bitcoin market changes.
For 2020 I agree that the price of bitcoin is 15k usd, but next year 200k usd is not impossible, and one year is enough time for bitcoin if the bullish trend is positive and strong,
like YFI, it didn't take long for the price to go up from 200 usd to 30k usd.
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It will actually take much longer time for Bitcoin to touch $250k, this will not happen in the next 5years in my opinion. I think we should be looking at the next all time high after the 2017 all time record. Bitcoin definitely will see more adoption and this will in turn increase awareness and market values.
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It will actually take much longer time for Bitcoin to touch $250k, this will not happen in the next 5years in my opinion. I think we should be looking at the next all time high after the 2017 all time record. Bitcoin definitely will see more adoption and this will in turn increase awareness and market values.
Adoption is an important point at this point, if bitcoin can be accepted by many countries as an alternative payment, then mass adoption has already started, actually Covid19 indirectly made people aware of the importance of online transactions and put fiat aside for a while, and cryptocurrency could be the answer. therefore.
5 years or 10 years is not a problem, if mass adoption occurs then a price that looks impossible we will see sooner or later.
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Hello topic maker, how can you get or comment this type of information. We don't believe a null and bull stories. Bitcoin never hits $250k usd. Normally bitcoin price hit highest $20000 in running year 2020 but how would be possible to reach up $250k usd???
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btc drops significantly then it starts to rally. i think we are in a bull market and every bull market has its corrections. its just crazy the way it goes up and down.
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i dont hope too much but everything is possible in crypto. in this year price of btc hit 250$k is not easy. but your analysis give some hope & from 18$k to 250$k rise its a big. if market dont crush again then we can hope.
I agree mate. I think Bitcoin hit 250k USD is not easy, But Bitcoin has potential to do it. I see bitcoin progress at the market is good. But We should realistic. I think bitcoin halving will affect at the end of this year or the next year .
Bitcoin is still recovering now, Let's see.
First, bitcoin needs to reach its previous peak. We can't even get close to the coveted$ 20,000 for several years. I don't think we'll ever get to 250,000. This is too high a price. If there is such a price, then a small number of people will have bitcoin.Regular traders will sell it for another 20,000
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Hello topic maker, how can you get or comment this type of information. We don't believe a null and bull stories. Bitcoin never hits $250k usd. Normally bitcoin price hit highest $20000 in running year 2020 but how would be possible to reach up $250k usd???
That's just my simple analysis based on the Bitcoin annual chart, however you and everyone reading this topic has their own opinion about the bitcoin annual chart,
I'm not saying bitcoin will be worth 250k usd in 2020, if 2021 it's possible, but there's no guarantee it will happen,
at least we try to see the direction of bitcoin using a large time frame, so we don't need to panic with today's market conditions.
btc drops significantly then it starts to rally. i think we are in a bull market and every bull market has its corrections. its just crazy the way it goes up and down.
all market trends have corrections, bullish or bearish both have corrections, it's just that not everyone knows about the correction that is happening.
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In future BTC will touch the 200K$ and i hope that may be it cross this value also and make a more high this time.
What you wish may happen. Better hold some Bitcoin now while it is just $10,098 from $12,000 few days ago. By the way, Bitcoin can reach $200,000 in the future after 20 years from now.
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Bitcoin is not a person or something that has life and nature. Its an artificial thing and it shows us people's emotions. I think those happen before because of demands not because of its bitcoins nature.
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Are you sure that the price of Bitcoin to reach $250,000? Sorry, but I think it is not a logic prediction, how can the price soar too high at $250,000? I only think that the price of Bitcoin to reach about $15K-$20K. It is the possible level to reach by Bitcoin currently. There are many factors to make Bitcoin hard to increase too significant, one of them is about many already holding (buy) it.
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I am sure after the sharp decline of bitcoin. Then the price of bitcoin in 2021 will also rise again. And we cannot predict this increase with certainty. But to hit 250k $ by 2021, I think it is possible. But the possibility is small, because right now the price of bitcoin is still around 12,000 $.
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I am sure after the sharp decline of bitcoin. Then the price of bitcoin in 2021 will also rise again. And we cannot predict this increase with certainty. But to hit 250k $ by 2021, I think it is possible. But the possibility is small, because right now the price of bitcoin is still around 12,000 $.
Even next year or five years from now, the Bitcoin price of $ 250,000 is unlikely to be real. Bitcoin may someday rise up to about $ 50,000, but more, this is unlikely. Already now, bitcoin lags behind most altcoins. What will happen next if Bitcoin stays at its current level with its lowest scalability at seven transactions per second ?. Altcoins continue to grow rapidly, as evidenced by the emergence of DeFi tokens on the cryptocurrency market.
The next year will be decisive for Bitcoin in terms of its price. It should rise substantially after halving the remuneration for manners. At the same time, this will be a general test of Bitcoin and its price growth.
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I don't know if the market can go that high Nothing can be said about it It is difficult to say how much the price of Butt coin will increase by the end of next year. We are just convinced that this is the way to go. Bitcoin is a big deal to go up to 250,000 dollars.
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If that is so, now is the perfect time to buy more Bitcoin before the price surge to $250K. However, the one who can avail Bitcoin are those who have more money than usual crypto people. There is still risk buying and holding Bitcoin 'coz it is possible that $250K won't happen and Bitcoin price might drop more below $9K.
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No one can guarantee that the Bitcoin price will reach $250K, it is purely speculation. I don't think we need to expect much on this prediction, it can be true or not. But if we look at the current condition in Bitcoin and crypto market, it is unlikely to happen. Si, I am starting to doubt if the prediction to happen. I just assume it is like what McAfee ever said about the price of Bitcoin to $1 million dollars.
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I don't know if the market can go that high Nothing can be said about it It is difficult to say how much the price of Butt coin will increase by the end of next year. We are just convinced that this is the way to go. Bitcoin is a big deal to go up to 250,000 dollars.
I am sure that there are no people on the forum who would not mind the price for bitcoin in the amount of 250 thousand dollars. But I don't believe in such predictions. We should first rise above the past high, and only then set new goals.
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It can also drop to below 3k too....
You never know.
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Judging from the development of the bitcoin exchange market it is still not a significant increase and even the last few months bitcoin only ranges from $ 10k - $15K and to break the $ 13k figure alone has not been reached. I thought it would be hard to reach $ 250K.
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Bitcoin, of course, can easily reach the mark of, for example, 50k$ if big players will want it, but I think it is impossible to reach the 250k$ mark now and even in the coming years it is not worth counting on such price, but of course, everything is possible in the cryptocurrency world.
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I was just reading that in another thread - people believing that BTC would rally that much. I think it's possible, but is it probable? No.
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Bitcoin, of course, can easily reach the mark of, for example, 50k$ if big players will want it, but I think it is impossible to reach the 250k$ mark now and even in the coming years it is not worth counting on such price, but of course, everything is possible in the cryptocurrency world.
I don't even know how this time the cryptocurrency market will react to the rise in the price of bitcoin, say, up to $ 50,000. And even reaching such a price will be very difficult for him. The price of $ 250,000 for bitcoin is still fantastic, charts and diagrams can say one thing, but real life is somewhat different. We remember what happened to the price of bitcoin after it rose to $ 20,000 in December 2017. Over the course of several months, its price dropped to $ 6,000, while altcoins lost their price by 90-95 percent, and the cryptocurrency market became bearish for two years. What will happen to the price of bitcoin next year after the May halving remains a mystery.
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It is very difficult to talk about such a bitcoin price as $ 250,000. From the current perspective, it just seems unrealistic. In my opinion, more realistic prices should be considered first. Bitcoin has already climbed to a price of $ 20,000 and this entailed dire consequences for two years. These days, his next attempt to storm this price is being carried out. It turned out to be very difficult. What can I say, at least about the price of $ 50,000. The next year will show how high the price of bitcoin can rise, since in May there will be an anniversary after the last halving and bitcoin should rise in price to at least one hundred thousand dollars. It won't be long to wait.
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Looking at the chart you shared on the OP, it seems not impossible to reach $250,000. But if we consider the current price of Bitcoin, the gap is still very far and unlikely to reach even in a year. However, it is good news if Bitcoin has a chance to soar very significantly in the next year. This may trigger all investors to hold their Bitcoin longer and consider to buy again. More good news is okay even there is no guarantee that it really can happen or not.
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I am not currently frustrated with the price of Bitcoin. Because the level of investment is increasing. The higher the popularity and demand in the market, the higher the price. That kind of change is going to be noticed.