Bullish trend this time Bitcoin price will reach 250k USD

[ayatoslaw]

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.


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.

[jet]

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.


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.

[lepbagong]

--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.

[ayatoslaw]

--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.

[Muneeb22]

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.

[Alcor]

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.

[Senin]

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.

[smart_oa]

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.

[ayatoslaw]

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.

[vaysar]

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

[ayatoslaw]

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

[wahyudi]

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.

[Quantum X]

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.

[ayatoslaw]

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.

[Lutera94]

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.