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[AudraMiller]

The price of bitcoin has been a wild rollercoaster with the coin raising in value and then dropping down rapidly as well, however it seems that there are many companies and analysts that are making predictions on where this cryptocurrency can be by the end of the year. Sometimes these predictions are purely based on speculation and sometimes they are made as a result of market indicators, however one this is certain is that if the right companies make predictions it can influence the market. In a recent article it seems that the PlanB analyst has predicted that bitcoin will reach the 100k USD. This analysts has over 830 thousand followers. What are your thoughts on this prediction?

 

[LutherKing]

Well _I'm Just Adding that You Need Atleast 2.5 years to achieve the 100k level to be honest actually in my opinion.
That looks some times

 

[GoldenLady]

Until we break the 65k mark, the safest bet would be to assume we will keep going down. I'm not selling but also not buying as I'm waiting for that low to come.

 

[LutherKing]

Well I'will say you Are we're going to see it gettinv lower and lower by the end of every month that's what I personally believe in to be honest Actually .

 

[microunit]

Well reaching 100k is surely possible for bitcoin though just give it a bit of time and it will surely reach that price mark given the increasing popularity of cryptocurrency and bitcoin lately

 

[Wisdom01]

There are many indications that it would reach that amount soon ,this is actually not even the best time to sell ,just keep buying and continue to hold and you would make more gains

 

[Brain]

Well _I'm Just Adding that You Need Atleast 2.5 years to achieve the 100k level to be honest actually in my opinion.
That looks some times

You might be right with your opinion because I don't even see that happening this year but the bottom line is that we will need to wait it out it might just happen

 

[Japhnet]

I strongly believe that bitcoin would pass the 100k limit, at least not any time soon. It's a high mark, but it would surely pull through.

 

[Wisdom01]

I strongly believe that bitcoin would pass the 100k limit, at least not any time soon. It's a high mark, but it would surely pull through.

it would get there ,but to be honest we are really far from that range , hopefully it could return back to $70k ,and we should probably start hoping to see more boost probably what would take it to as far as $100k , probably with the way institution would keep pushing more on the adoption ,it would boost there after ,we should all hope

 

[BullyMaguire]

It's not impossible but it will take time maybe years we don't know how many years that is. But very much possible and there ahs to be something to trigger it.. these organisations always predicts prices of bitcoin often because they own those coins.. wishful thinking maybe? And it creates a good effect in the market depends on how big and famous they are

 

[Wisdom01]

It's not impossible but it will take time maybe years we don't know how many years that is. But very much possible and there ahs to be something to trigger it.. these organisations always predicts prices of bitcoin often because they own those coins.. wishful thinking maybe? And it creates a good effect in the market depends on how big and famous they are

they actually predicts based on the current happening , news and others ,but the problem is that most times the market doesn't usually go to their favour ,some times it actually moves in the wrong direction ,so people needs to be aware of this ,the Bitcoin demand and others

 

[Jack / 47 F1]

The price of bitcoin has been a wild rollercoaster with the coin raising in value and then dropping down rapidly as well, however it seems that there are many companies and analysts that are making predictions on where this cryptocurrency can be by the end of the year. Sometimes these predictions are purely based on speculation and sometimes they are made as a result of market indicators, however one this is certain is that if the right companies make predictions it can influence the market. In a recent article it seems that the PlanB analyst has predicted that bitcoin will reach the 100k USD. This analysts has over 830 thousand followers. What are your thoughts on this prediction?

in theory, btc & cryptos were not supposed to be manipulated, like other currencies. but it has gotten to the point, that btc & other cryptos are being manipulated in price by the big guys. major banks, hedge funds, governments, spook agencies, etc are now manipulating the price of cryptos. especially btc. its part of their plan, to try to make people understand that cryptos cant be trusted. they want the masses to only trust what the corrupts banks / governments print out. money now a days is created out of thin air or digitally. the people who control the money supply in the world, are power hungry psychopaths / sociopaths. they want 1 rule for them, 1 rule for the rest of us. they see btc as a danger to their plans.

 

[SpenserReed]

however one this is certain is that if the right companies make predictions it can influence the market

Yeah, this is how the influencers work

 

[BullyMaguire]

they actually predicts based on the current happening , news and others ,but the problem is that most times the market doesn't usually go to their favour ,some times it actually moves in the wrong direction ,so people needs to be aware of this ,the Bitcoin demand and others

Yeah but it's not good to predict on such current events because those are tend to end eventually so is the hype. Just like when we're in bearish season.. sometimes we will think that a certain event will give crypto currency market a boost but nothing happens

 

[Wisdom01]

Yeah but it's not good to predict on such current events because those are tend to end eventually so is the hype. Just like when we're in bearish season.. sometimes we will think that a certain event will give crypto currency market a boost but nothing happens

that's why most of the analyst prediction dont work out as planned , because the way they actually predict at times is actually very much confusing ,they predict according to current events and happening which looks unusual to some crypto currency trader's , because most times not all news have effect on the market

 

[Ben Kempton]

that's why most of the analyst prediction dont work out as planned , because the way they actually predict at times is actually very much confusing ,they predict according to current events and happening which looks unusual to some crypto currency trader's , because most times not all news have effect on the market

Bitcoin is once again down and the price crashed more yesterday. The same goes for many other coins as well because those coins are also tied up with Bitcoin. I think one of the main reasons why Bitcoin is crashing is due to the fact that there are very few dip buyers. This condition has also been in the past when the dip buyers were lacking. However, investors are now shifting focus and focusing on more profitable assets rather than investing money in risky assets like cryptocurrencies.

 

[Wisdom01]

Bitcoin is once again down and the price crashed more yesterday. The same goes for many other coins as well because those coins are also tied up with Bitcoin. I think one of the main reasons why Bitcoin is crashing is due to the fact that there are very few dip buyers. This condition has also been in the past when the dip buyers were lacking. However, investors are now shifting focus and focusing on more profitable assets rather than investing money in risky assets like cryptocurrencies.

I still feel the reason for the crash , is because of pump and dump of the coin coming from whales ,and again since the Luna crash Bitcoin have been always having bearish signal ,it seems most Bitcoin dip buyers lose a lot of money from the Luna crash

 

[Ben Kempton]

I still feel the reason for the crash , is because of pump and dump of the coin coming from whales ,and again since the Luna crash Bitcoin have been always having bearish signal ,it seems most Bitcoin dip buyers lose a lot of money from the Luna crash

I can see that the price increased a bit and I reckon that this happened due to the fact that a few people bought the dip yesterday. I think that the value might go down because new York is imposing a few restrictions on certain kind of mining activities as this is what I can see in the news!

 

[Wisdom01]

I can see that the price increased a bit and I reckon that this happened due to the fact that a few people bought the dip yesterday. I think that the value might go down because new York is imposing a few restrictions on certain kind of mining activities as this is what I can see in the news!

with the news of interest rates and others ,I think with time Bitcoin would be on a good boost , I feel that what actually made the price affected a little was the fact that people think there would be a fall to $20k so they are taking caution not to fall for any form of bull trap or so

 

[fiery phoenix]

Yeah but it's not good to predict on such current events because those are tend to end eventually so is the hype. Just like when we're in bearish season.. sometimes we will think that a certain event will give crypto currency market a boost but nothing happens

Crypto enthusiasts don't really understand that its not the news or media that influence the price in the market but it is the volumes of capital invested in the asset or withdrawn capital.If news says"Buy the dip at $25k in bitcoin",every investor runs to their portfolio and add some capital and price begin to rally up,but everyone still says its the news and hype that move markets