You are viewing a single comment's thread from:

RE: BTC - How much could bitcoin rally after its next halving?

in #bitcoin4 years ago

I'm with you there, mate. It's rational to be bullish with the current markets, but let's not get over-bullish. I certainly think we can set a new all-time high post-halving, so at least above $20,000 within 2020, or it may even go higher - think $30,000, $40,000, ...

Even with all the momentum that we have, along with expanding institutional support, I'm not sure if we can see $100k Bitcoin within 2020, but let's keep our fingers crossed... That said, in the following years, maybe sometime after 2022, $375k-$400k could be possible.

Sort:  

Yea I am thinking $100k by end of 2021 or beginning of 2022. I think we break $20k this year, but not sure how much higher beyond that this year.

Yep, that's my guess. I made a post analysing how high Bitcoin prices could go up to following the next Halving:
https://steempeak.com/bitcoin/@zacknorman97/how-high-can-we-go-can-bitcoin-get-to-usd100-000

I deduced a peak of around $144,000 sometime before end-March 2022. It's simple math on my part, and I imagine that $100,000 could be feasible by end-2021.

So, that's pretty spot on with your guess, and I do think we could break ATHs this year, maybe near Q3 2020.

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.033
BTC 63332.97
ETH 3169.28
USDT 1.00
SBD 3.89