Bullish trend this time Bitcoin price will reach 250k USD

[highnayem34]

--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.

[Mbah Jenggot]

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.

[Tnoy30]

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.

[ayatoslaw]

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.

[Bobcrypto]

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.

[ayatoslaw]

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.

[Hometown]

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???

[ShadowCrypto]

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.

[LaZim]

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

[ayatoslaw]

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.

[TERMINO]

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.

[Salman Hasan]

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.

[I-Bit]

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.

[Black ID]

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 $.

[Senin]

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.