Post
Topic
Board Speculation
How high do you think Bitcoin will go on the next bull run?
by
thecodebear
on 22/10/2018, 21:38:20 UTC
Next bull run..how high?!

The incoming bull run should be starting in the next few months, and my estimate is that it will probably last until late 2020.

My price target for the next bull run has been $100k. I think it'll break through that and go a bit higher, maybe close to $150k, but $100k will signal that it is about to crash after people get out their last bit of buying mania, the way breaking $10k made the whole market go nuts and shoot up to $20k in less than 3 weeks before crashing.


But then I was thinking, if Wall St firms really get in these next two years, and by really get in I just mean if a lot of them and individual investors just put like 2-3% into Bitcoin, then $100k or $150k isn't nearly high enough! Just a few percent from Wall St firms, plus stuff like ETFs for retail investors and pension funds and University endowments and so on, plus the accompanying FOMO for people who don't care about going through Wall St and go straight to crypto exchanges...in a perfect storm of all that Bitcoin could sale clear to like $300k at the next peak.

What do you all think? I've still got my money on the low $100k range, but I wouldn't be totally shocked if it ended up hitting a quarter million by the end of 2020 or so.