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❓ASK Analysts says $55k is the Next Price Target for Bitcoin

microunit

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An analyst said that because of the performance of bitcoin surpassing the resistance at $21k and even reach an all time high of $23K having bitcoin have a target price of $100k is still low. Exchange stats shows that there are no large sell order above $22K price mark unlike with the previous $21K price range. Some statistics from Exchanges also shows trends that some traders already moved their selloff at a higher price expecting bitcoin to rise as much as $30k after the recent rally
 
Analysts and predictors should take it easy with all these predictions. This here will raise people hope so high. Let reach $30k first before jumping to $55k mark
 
An analyst said that because of the performance of bitcoin surpassing the resistance at $21k and even reach an all time high of $23K having bitcoin have a target price of $100k is still low. Exchange stats shows that there are no large sell order above $22K price mark unlike with the previous $21K price range. Some statistics from Exchanges also shows trends that some traders already moved their selloff at a higher price expecting bitcoin to rise as much as $30k after the recent rally
Hello dear when it's happen ? I mean the bitcoin price $55k is you are said serious?

I got information when PayPal coin will release then the bitcoin price will go down is this real information?
 
They can't be serious with that prediction. Not just yet so I will take this information with a pinch of salt I don't also think PayPal token can affect the price of bitcoin
 
55K$ is literally more than the double which kinda makes no sense, i'd say it will increase, but only with few more thousands at the best scenario, but doubling in value in a short time is a no no
 
An analyst said that because of the performance of bitcoin surpassing the resistance at $21k and even reach an all time high of $23K having bitcoin have a target price of $100k is still low. Exchange stats shows that there are no large sell order above $22K price mark unlike with the previous $21K price range. Some statistics from Exchanges also shows trends that some traders already moved their selloff at a higher price expecting bitcoin to rise as much as $30k after the recent rally
Hmm they should not go much far first target $25-$30, then they have to target $55, I saw that many people just predicts Bitcoins price without knowing anything.
 
It's a possibility, but it will take time before Bitcoin can hit the $55k mark.

The more it's demand, or the more people hold it, the higher the price will go, so anything is possible.
 
55K$ is literally more than the double which kinda makes no sense, i'd say it will increase, but only with few more thousands at the best scenario, but doubling in value in a short time is a no no
When it comes to bitcoin I know people to always make outrageous prediction which a rational being will know it is impossible. $55k is just too bonus anyway,
 
It's not a pretty hard for bitcoin to reach 55k next year as current price is around 29k and reaching target of 25k for bitcoin is not much hard target for bitcoin. Let's see where it goes.
 
$55k is a high price to reach, almost double the current price. Remember though that earlier this year bitcoin was $10k so has almost tripled in price. I am not saying bitcoin will reach $55k but if it continues the same as this year it may just be possible. Let's see if bitcoin can break $30k first.
 
$55k is a high price to reach, almost double the current price. Remember though that earlier this year bitcoin was $10k so has almost tripled in price. I am not saying bitcoin will reach $55k but if it continues the same as this year it may just be possible. Let's see if bitcoin can break $30k first.
Yeah definitely bitcoin has much potential to reach 55k if the rate stays the same. So let's hope and see what the new year brings for us.
 
$55k is a high price to reach, almost double the current price. Remember though that earlier this year bitcoin was $10k so has almost tripled in price. I am not saying bitcoin will reach $55k but if it continues the same as this year it may just be possible. Let's see if bitcoin can break $30k first.
It is not a high to reach provided the market forces are in it favour, I am sure if most of us had been told by February that the price of Bitcoin will hit $29000 this year we won't believe it .
 
Analysts are constantly sharing their analysis, but I'm not sure how reliable analytics systems they use. Someone might say rise, another analyst might say a fall. Or they can point to prices that are far from each other.
 
Analysts are constantly sharing their analysis, but I'm not sure how reliable analytics systems they use. Someone might say rise, another analyst might say a fall. Or they can point to prices that are far from each other.
Personally I do analyse the price of Bitcoin or any coin base on information gathered from different Crypto new media outlets.
 
Analysts are constantly sharing their analysis, but I'm not sure how reliable analytics systems they use. Someone might say rise, another analyst might say a fall. Or they can point to prices that are far from each other.
The exact prediction can only be done by whales so analysts just try to be one of the whales, some manages to predict correct and some fails.
 
The traders should be very careful because the way bitcoin prediction is going that may not come to reality. Anything can happen along the way.
 
Trading and investment are nothing but a risky game , no matter the level of analysis the biggest holders (whales) determine the direction of the Market and considering those holding it now , a rise is more realistic.
 
Trading and investment are nothing but a risky game , no matter the level of analysis the biggest holders (whales) determine the direction of the Market and considering those holding it now , a rise is more realistic.
Absolutely I agree. It is useful to follow those who lead the market without being neither pessimistic nor too dreamy.
I guess sometimes it's important to act fast.
 

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