BTC Prediction - $100k or Below $20k?

[UNIVERSE]

I also have the same belief as you, bitcoin will reach a new ATH of more than $100K, maybe this will take a long time, maybe it will happen next year. Be patient because everything needs a process to reach its highest price. Even though I saw that market conditions had experienced corrections several times, I still held my coins and waited.

Many people predicted the ATH will be above $100k. I am actually a bit confident to see the Bitcoin price above $100k in the next year if we have good news during the year of 2025. As long as there will be no longer bad issues like MT Gox and German government, it won't be so difficult for Bitcoin price to keep rising above $100k. Besides it needs a process, it will depend on the issues related to Bitcoin and the whole crypto space in the next year. We can't deny that the news/issues has big impact to the price improvement.

[philipma1957]

I also have the same belief as you, bitcoin will reach a new ATH of more than $100K, maybe this will take a long time, maybe it will happen next year. Be patient because everything needs a process to reach its highest price. Even though I saw that market conditions had experienced corrections several times, I still held my coins and waited.

Many people predicted the ATH will be above $100k. I am actually a bit confident to see the Bitcoin price above $100k in the next year if we have good news during the year of 2025. As long as there will be no longer bad issues like MT Gox and German government, it won't be so difficult for Bitcoin price to keep rising above $100k. Besides it needs a process, it will depend on the issues related to Bitcoin and the whole crypto space in the next year. We can't deny that the news/issues has big impact to the price improvement.

Both mt gox and germany are making accumulating coins a bit easier. So they are not bad news they are good news.

Price has hung in there and it has been easier to buy the last month. I made my stack 10% bigger in the last month.

[bounceback]

Both mt gox and germany are making accumulating coins a bit easier. So they are not bad news they are good news.

Price has hung in there and it has been easier to buy the last month. I made my stack 10% bigger in the last month.

The Germany government bitcoin assets have sold out and left Mt Gox big problem why make bitcoin easily get crash, loss few percent after my investing with bitcoin above $66 and right now dropped under $65 and keep waiting when the moment recovery coming.
Have potential for Mt Gox refund completed for this month? I wish they can solve the refund problem and near future never have bad news anymore make its easily for market price manipulation after many people get panic moment for selling their bitcoin and altcoin assets when market crashing.

[UNIVERSE]

Both mt gox and germany are making accumulating coins a bit easier. So they are not bad news they are good news.

People who still have money, can say those are good news. They can buy more Bitcoin at cheaper prices. But people who already spend all their funds, totally have no reason to say they are good news. Some people already wait for new ATH of Bitcoin, they may consider to take profits and no interest to buy again.

Price has hung in there and it has been easier to buy the last month. I made my stack 10% bigger in the last month.

Since Bitcoin hits a new ATH before halving, Bitcoin price tends to decrease month after month. Even if there is no bad news related to MT Gox and German government, I think we still can see a lower price of Bitcoin. But the news related to MT Gox and German government, makes the price dropped lower.

[philipma1957]

Both mt gox and germany are making accumulating coins a bit easier. So they are not bad news they are good news.

People who still have money, can say those are good news. They can buy more Bitcoin at cheaper prices. But people who already spend all their funds, totally have no reason to say they are good news. Some people already wait for new ATH of Bitcoin, they may consider to take profits and no interest to buy again.

Price has hung in there and it has been easier to buy the last month. I made my stack 10% bigger in the last month.

If you are buying coins and spent all your funds buying you have poor money management.

The ability to DCA and buy some dip is essential in adding to your stash.

Spending every cent you have to buy more btc is a terrible plan.

Always have:
 emergency cash for when shit happens
always have dca cash
always have buy the dip cash

for most of us this means never ever going all in.
Since Bitcoin hits a new ATH before halving, Bitcoin price tends to decrease month after month. Even if there is no bad news related to MT Gox and German government, I think we still can see a lower price of Bitcoin. But the news related to MT Gox and German government, makes the price dropped lower.

[Captain Corporate]

Every single day it looks a little bit more like 100k+ than ever. People who think that it could go under 20k are really not aware of what they are talking about. I told this before in many different places, and I will tell it here again, it will never go under 20k ever again. Now you may think that "but it has been under 20k just a year or two ago!!" but the reality is that, everyone "knows" we will not be under 100 dollars, and also 1000 dollars as well, those days are gone, and yet some people think under 20k is possible, well that's gone too. We will have a bull run, reach 100k+ and then 20k and under will be as impossible as 100.

[Kemarit]

Greetings Crypto Lovers,

As we have seen a lot of predictions and a lot of news regarding the BTC/Bitcoin pump in the past year(2021) and the most users predict it even to pump $250k but BTC only reaches the $60k level.

So What do you guys think? BTC will cross the $60k barrier and push the whole market to reach a new height or It will just be dumped again like it was in 2017/2018.

Well the answer was 15.9k

I wish this gets locked as it is out of date.

Although some may feel,it is back in play.


The answer this time is 100k at least I hope so.

Could still be relevant though as this is a new bull run that we are waiting and yes, everything is eyeing at least $100,000 in 2025. Although we are still very far, currently the price is pegged at $66,500.

But plenty of time to make this bull run, we just need one positive news to push the market this year and the following year. Others might not agree but if might be Donald Trump winning the election in November to close around $80,000-$90,000 and him officially sitting in January will make the price to $100,000++.

[Rubel007]

I also have the same belief as you, bitcoin will reach a new ATH of more than $100K, maybe this will take a long time, maybe it will happen next year. Be patient because everything needs a process to reach its highest price. Even though I saw that market conditions had experienced corrections several times, I still held my coins and waited.

Many people predicted the ATH will be above $100k. I am actually a bit confident to see the Bitcoin price above $100k in the next year if we have good news during the year of 2025. As long as there will be no longer bad issues like MT Gox and German government, it won't be so difficult for Bitcoin price to keep rising above $100k. Besides it needs a process, it will depend on the issues related to Bitcoin and the whole crypto space in the next year. We can't deny that the news/issues has big impact to the price improvement.

I think what ever the market condition is there will be some events that will turn the market bullish or sometimes bearish. But for that I don't give much priority to those incidents. Bitcoin's temporary fall in the past few days was driven by MT Gox and various news about the German government's sale of Bitcoin, but that has changed after few days later. Bitcoin will definitely be bullish as the number of investors is increasing. Those who believe in Bitcoins give utmost importance to their Bitcoin holdings because at the end of the day Bitcoin is the best.

[dekafee79]

I think what ever the market condition is there will be some events that will turn the market bullish or sometimes bearish. But for that I don't give much priority to those incidents. Bitcoin's temporary fall in the past few days was driven by MT Gox and various news about the German government's sale of Bitcoin, but that has changed after few days later. Bitcoin will definitely be bullish as the number of investors is increasing. Those who believe in Bitcoins give utmost importance to their Bitcoin holdings because at the end of the day Bitcoin is the best.

MT Gox issue seems to have no longer had a big impact, because bitcoin price has gone back up. I have confidence that bitcoin price will go back to more than $70K soon, after touching ATH and it seems difficult to touch it again. When there was a decline due to MT Gox issue, I have bought some potential altcoins and hold them. This is a medium investment and hopefully get profit

[debra]

MT Gox issue seems to have no longer had a big impact, because bitcoin price has gone back up. I have confidence that bitcoin price will go back to more than $70K soon, after touching ATH and it seems difficult to touch it again. When there was a decline due to MT Gox issue, I have bought some potential altcoins and hold them. This is a medium investment and hopefully get profit

I think it still has impact, the current drop in price looks like the impact of MT Gox issue. We can't deny that MT Gox issue is very possible to trigger the dumps on the market because the number of Bitcoin to distribute is quite large numbers. I am thinking that the creditors of MT Gox may begin to sell their Bitcoin on the market. Although they won't sell all the Bitcoin but they may sell a half of all their Bitcoin. If each creditor gets 5000 Bitcoin, I can't imagine how much the creditor gets the money if they sell 2500 of their Bitcoin. It is very big amount of money, dude. 

[pawel7777]

I think it still has impact, the current drop in price looks like the impact of MT Gox issue.(...)

I think so too. Maybe it's not a huge impact but still.
Although, according to the cointelegraph, market experts disagree, and they're pointing to other factors such as market sentiment, summer season, or the launch of the spot ETF for ETH:
https://cointelegraph.com/news/bitcoin-65k-dip-mt-gox-market-sentiment-crypto-analysts

[LogitechMouse]

I think it still has impact, the current drop in price looks like the impact of MT Gox issue.(...)

I think so too. Maybe it's not a huge impact but still.
Although, according to the cointelegraph, market experts disagree, and they're pointing to other factors such as market sentiment, summer season, or the launch of the spot ETF for ETH:
https://cointelegraph.com/news/bitcoin-65k-dip-mt-gox-market-sentiment-crypto-analysts

The market experts disagreed to it because the distribution hasn't been started yet, and if it already started, those who will receive it can't sell it immediately. It's like the assets that they will receive will be froze to at least 2 months IIRC.

Anyway, I agree with what they said that the recent dip is caused by the sentiments of the investors towards what's happening with Mt. Gox. Many believe that when the distribution happens, many will sell it immediately causing the price to plummet hence, many panicked because of it that's why some sell their Bitcoins pushing the price to go down even further.

Overall, any negative sentiment or news around us must be taken as a positive one because if that affects the market negatively, that's a great opportunity to buy even more cryptocurrencies, right?

[pawel7777]

(...)
Overall, any negative sentiment or news around us must be taken as a positive one because if that affects the market negatively, that's a great opportunity to buy even more cryptocurrencies, right?

Nah, let's not do that. Almost everyone in this forum has been in the crypto for quite some time and we all had plenty of time to buy in at much lower levels. So whoever wanted to get in, has done so already and there's no point to pretend that the falling price is something to be happy about. That's just sounds like a cope, which it is.
Let's stay honest and keep it simple:
price goes up = 
price goes down = 

[Roseline492]

I think what ever the market condition is there will be some events that will turn the market bullish or sometimes bearish. But for that I don't give much priority to those incidents.

With the way I'm seeing the market it seems we would be entering the bull season this year because since Bitcoin had drop to $54k and bounce back it has continued increasing on a daily basis and within space of weeks it has hit almost $69k now so perhaps if it continues this way in the next two to three days we should be expecting $70k because already is almost there.

So actually I have a feeling that after hitting $70k it may likely strive for $80k, truly I think Bitcoin has a lot installed on this year because we shouldn't be surprised that Bitcoin could rise to the price we never expected, I think is time for me reconsider the idea of Bitcoin hitting $100k this yeah because right now we still have up to 5 months to the end of the year so perhaps considering the Bitcoin price movement it could surprise everyone within that few months.

[milewilda]

I think what ever the market condition is there will be some events that will turn the market bullish or sometimes bearish. But for that I don't give much priority to those incidents.

With the way I'm seeing the market it seems we would be entering the bull season this year because since Bitcoin had drop to $54k and bounce back it has continued increasing on a daily basis and within space of weeks it has hit almost $69k now so perhaps if it continues this way in the next two to three days we should be expecting $70k because already is almost there.

So actually I have a feeling that after hitting $70k it may likely strive for $80k, truly I think Bitcoin has a lot installed on this year because we shouldn't be surprised that Bitcoin could rise to the price we never expected, I think is time for me reconsider the idea of Bitcoin hitting $100k this yeah because right now we still have up to 5 months to the end of the year so perhaps considering the Bitcoin price movement it could surprise everyone within that few months.

Im still waiting for that last dip or huge correction before that bull run would be kicking in which until now it didnt really happen or lets say it wont happen? No one really knows.
This what makes this market is really that hard to predict on which you dont know that past events would really be having that some connection with the upcoming or future ones.
Well, decisions would be made will really be that totally depending on a certain individual. This would really be survival of the fittest and the wisest but of course if you are really that
holding Bitcoin for long term then it wont really be something that much an issue but if you are really that going for short term then you would really be mindful with your positions.