Quote from: Ridwan Fauzi on December 29, 2020, 02:08:36 AM

Quote from: FEELEPIC on December 27, 2020, 02:20:41 PM

I think this will be the top. Whats your speculation?

Bitcoin still looking for the new all time high, I still remember there many threads which ask how price bitcoin at the end of this year after its price passed the previous all time high. Many user says that the price will only touch $25.000 and after that its price will meet a correction but they 're wrong now. In fact bitcoin can be able to reach $28.000 and now its price still trying to pass its price.

I mean, there is no specific strategy to know what bitcoin price in this future. The bull run market may run for the long time and $100.000 and above can be achieved but we have to see another side as well. If the bull run market is over then we will a huge dump will come. However, I still hope that the correction will not same with 2018 ago, I hope its price can stand above $20.000.

By this logic (which I agree) it is almost impossible to reach to 340k, after all we can't go non-stop from 25k to 340k, but we also shouldn't low play what bitcoin can do neither.

I agree that people were wrong, most people didn't even say 25k, they said 20k at best, and we did 28k+ so we should be proud and we can easily say that bitcoin will go higher than many people expected, that is very true and I agree with that. But 340k is not that price, now comparing the same, saying 20k and getting 28k is about 40% or so increase on what you expect right?

Well, for that to happen we need to think 240k is very very possible and everyone should be talking about 240k, that would be about similar, do we talk about 240k like it is going to happen for sure? We do not. Which is why I think 340k will not happen but you are definitely right a price we think as realistic will be broken and we will go higher.