Quote from: mich on Today at 09:57:03 AM

Quote from: jintruder on January 03, 2021, 08:53:04 AM

It will hit between 40k-100k, if it will get above 100k I'll be very impressed

Yeah I think this is a good accurate price prediction. The only question is figuring out when we will see a price of 50k which is not a easy task to determine.

Getting above 100k would be impressive you are right but i think thats a realistic number that could happen sometimes before end of 2021.

I think it would be VERY surprising to not see prices over $100k this year. I'd wager by the start of summer it'll have already moved quickly up to mid-to-high 5 digits ($60k-$90k), but then takes a little break as perhaps at that point institutions will wait and see to continue to accumulate lower as they might consider the risk too high on something that has gone from $10k to ~$80k in like 8 months. Then in the Fall we'll see it push past $100k and possibly go significantly higher than that before any serious correction. Though any serious correction after that I bet would be bought up in a matter of months by institutions, and we'll continue seeing upside in the 6 digits next year and beyond. Any major correction will just shift more Bitcoin from retail investors to institutions as they accumulate millions of the bitcoin supply.