Quote from: Baofeng on Today at 09:26:57 PM

Quote from: Kasabus on Today at 06:05:11 AM

Quote from: Baofeng on November 17, 2020, 11:11:29 PM

Quote from: spartanwarriorX on November 17, 2020, 10:10:28 PM

Too optimistic I think my friend...currently BTc trades at 17.500$....it still has a loooong way to go!

That's what they said beginning of 2017, price is ~$1k, people saying that the top will be $5k, but look at how that year ends, we reaches all time high of almost $20k. So never underestimate the resiliency of the bitcoin market. At the current price, it's just 2x, so I wouldn't be surprised in 2021 that $35k or even more at within our grasp.

$35k is not really that too high to reach because looking at the current price, it's very possible for bitcoin to reach another ATH even early next year. We just need to be realistic sometime not to expect too impossible for bitcoin because it might turn into another hype. But $35k to $42k is very attainable and i guess most of us here agrees to it.

Yes, that's really attainable, in 2021, I agree, even $50k is within reach in the next bull run. And if we are going to look at the 2017 bull run, the volume of today is the same or even surpasses it already. So there are enough, maybe fresh bloods or average investors or institutional money going in to keep that $35k doable in the next year. So I wouldn't be surprised, that we will touch, just a matter of time.

This isn't a surprise considering the market widening compared to the market of 2017-2018 along with the ATH price that's been reached. More expertise predictions too state the possible chance of price reaching above $30000. I'm not sure about the driving force of the current market on the bullish track, but I'm sure that the covid-19 helped the cryptomarket good making more people learn and get into the usage of cryptocurrencies.