Can Bitcoin hit $175,000 by the close of 2025?

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tom.viperFull Member
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#1Aug 18, 2023, 01:33 PM
Honestly, I think we can totally reach that target if we keep pushing things like we are now.
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ninja_viperFull Member
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#2Aug 18, 2023, 07:23 PM
In what manner? By holding it like Trump did or what?  Bitcoin will rise to more ATHs before this year runs out but if there are those who panic sell at every slight dip, I wonder how we'd achieve that goal. More institutions need to take the steps the like of Microstrategy did and amass more as this will help push the growth and I've also heard the likes of Brazil planning to meet on the 20th of this month to evaluate a bill proposing the creation of a  Bitcoin reserve. I believe that if these bills get accepted it would also push the growth of Bitcoin as more countries would want to emulate their actions.
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cipher_lynxSenior Member
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#3Aug 20, 2023, 07:00 AM
The price of Bitcoin is not being influenced by promotion; it’s not like shitcoins, which a little hype on them without any real-life backing can push to see 10 times the price of what it currently is. Negative economic policy can influence the Bitcoin market negatively for a short time, as can positive policies too. But what most often pushes the price higher is an increase in demand and not just some speculative news. Marketing can do a little bit, but the effect won’t last.
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BasedTokenFull Member
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#4Aug 20, 2023, 11:40 AM
We can achieve that goal or not, anything is possible. This is not a very high goal but it is not easy to achieve either.  To achieve that, there needs to be more good news and the economy needs to stabilize, bitcoin will have a hard time achieving that goal if the economy remains unstable. I don't know what your purpose was in including Trump's image but it would be wrong to think that bitcoin price only reached $175k because of him. Because he doesn't really care about bitcoin as much as we think, and what he's doing is doing more harm to bitcoin than good.
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mike_defiFull Member
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#5Aug 20, 2023, 02:14 PM
Since this is speculation board, everyone can make predictions based on their strategy, we don't have to be right but our reason have to be strong enough to justify our position. I don't think the market will get that high this year because of the back and forth that greeted the market of recent. $175,000 before the end of this year and from current price is an increase of over 50%. I think that is too high for this year. Hence, my projection is 30 to 40% from the current price which will make market reach a high of $150,000 this year.
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pixel2014Hero Member
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#6Aug 20, 2023, 05:01 PM
Bitcoin is going to $175000. In fact, bitcoin will at a time increase above such price and not fall below the price anyone. That is what bitcoin is as it is an appreciative asset. But about it getting to $175000 this year, I really do not think that will happen. But it will happen in the next cycle after the end of bear market that may not really be significant to a large extent.
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0xAtlasFull Member
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#7Aug 20, 2023, 09:10 PM
Not only Brazil, there are also rumors that the Fed is quietly giving the green light to consider adding bitcoin to the US strategic national reserves using profits from gold revaluation gains.  I cannot verify this news as there has been no official announcement from the Fed or confirmation from mainstream media. But if this is true, it would have a significant impact on the market and create a bigger market boost than any other news. After all, the US is still the largest and most influential country in the world. If they are open to the idea of adding bitcoin to their national reserves then we can expect the world to follow suit, not Brazil or El Salvador. source: x.com
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ericminerSenior Member
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#8Aug 21, 2023, 07:09 PM
Everything is possible, but what it has to do with Trump anyways? I mean we can go with our own bull run, without the US President's influence, although in the beginning of his Presidency, he says that his government is going to be pro-crypto and that's what everyone is banking that can make Bitcoin going into parabolic rise. Nevertheless, he has a lot of policies like the tariff that really affected us negatively in some point. And then the whole US Bitcoin reserve was just a front as we thought that he is going to buy Bitcoin, but he just says that what they currently hold, they are not going to sell and make it as their reserves. But as far as predictions goes, most pundits here put it around $150k-$180k.
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GigaSatoshiFull Member
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#9Aug 21, 2023, 07:47 PM
You're hoping for something that's not impossible, as we've seen Bitcoin's impressive growth year after year. It's even possible to expect a high price at the end of the month, as Bitcoin always offers surprises. It's important to remember that even though most Bitcoin holders want it, it shouldn't make us lose sight of our initial goal. Focusing on hope without buying it is meaningless. Focus on accumulation, holding, and waiting, because whether it's the end of the year or beyond, Bitcoin will definitely reach $175,000.
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defi_2017Senior Member
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#10Aug 22, 2023, 12:17 AM
Well, actually, I've bet that it will exceed that figure. Now that it is August, and for someone who is unfamiliar with the history of price behaviour, reaching that figure may seem difficult, but if bitcoin enters a parabolic phase, which is what it lacks in this cycle and which has happened in previous cycles, it could easily reach and exceed that figure.
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the_kingHero Member
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#11Aug 22, 2023, 12:39 AM
I speculate not to reach the price of $ 175k, my understanding of the Bitcoin target for the long term, you can speculate from 2009 to 2025, meaning that 16 years have passed prices Bitcoin is only translucent to the level of $ 120k, the next Halving target is $ 175K - $ 200k, if speculated about the current promotion of Bitcoin in the eyes of the world in positive fields, but the fact you can see for yourself. If the price of bitcoin is translucent to a high level of $ 175k to $ 1 million per piece, my speculation people are no longer interested in having bitcoin, the reason is expensive, step by step has a precise trick.
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AtomicMaxiFull Member
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#12Aug 22, 2023, 01:12 AM
I believe the focus of this thread is not on the speculation of the price target that Bitcoin could reach by the end of this year, but rather on the promotional efforts that Op wants to convey through the images shared. It cannot be denied that influential people can have an impact on Bitcoin. However, Bitcoin is not a market that can be easily manipulated and influenced. From previous situations, what happened was little movement in Bitcoin. Unless there is a policy issued that has a strong impetus for widespread adoption of Bitcoin.
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its_vaultFull Member
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#13Aug 22, 2023, 01:43 AM
Don't make it sound certain that Bitcoin would reach $175k before this year's end. It may or may not. Any price Bitcoin arrives at, for the ATH of this year, we will all accept it, and look further for a higher price to come. This is just the genesis of the high price we will see on Bitcoin, more is to come. As we have people who are speculating that Bitcoin to reach one million dollars in ten years to come
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alexaltFull Member
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#14Aug 22, 2023, 07:47 PM
If new companies come into the aggressive buying game of bitcoin, we might see the price hovering around $175k and above. Trump has nothing to do in bitcoin price movement because whatever decision that he takes will only affect the market temporarily and the price of bitcoin will bounce back. If there is no positive news in the market, we might not see bitcoin price at $175k before the end of the bull run but bitcoin will definitely go above $175k in future.
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anonSenior Member
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#15Aug 23, 2023, 12:35 AM
Honestly I've seen many of this kind of speculations since the beginning of this year, but who can really predict what would happen to bitcoin in the next couple of months? Maybe we should ask the creators of Simpsons family series, he probably can peep for us using his time machine model.. The market moves at will. It can decide to wake up tomorrow and skyrocket depending on the amount of liquidity that flows into it. With many institutions and bigger bodies purchasing bitcoin now, we can saw that new Ath would be possible this year but don't put your hopes too high , so they don't get cut..
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#16Aug 23, 2023, 05:26 AM
Do you think bitcoin is going to pump on its own, or do you think bitcoin price is going to be influenced by trump? I don’t really like the idea of tagging politicians with bitcoin, I will say most of this politicians are just fighting for there own selfish interest, and they doing what they think it’s going to favor them, don’t be surprise that trump might end up turning his back on bitcoin at the end. Bitcoin have been growing on it’s own for years, so even without trump bitcoin is still going to keep on growing. Bitcoin hitting $175k shouldn’t be what we won’t be able to achieve this year, bitcoin price hit $123k few weeks ago because decline in bitcoin price, we still having few months to go before the year is going to end, so we should be able to achieve that.
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sigma07Senior Member
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#17Aug 23, 2023, 10:40 AM
With news like this; Trump signs order allowing alternative assets like cryptocurrencies, private equity in 401(k)s. Maybe it will further push the price of bitcoin then. The year hasn't ended yet and so I think that it's very possible that we will see new highs before it ends. So we've got one now and that's the most recent that we have. It's possible that it will push the price above the last ATH but we'll get to see if it happens.
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#18Aug 23, 2023, 08:40 PM
You don't need to worry about Bitcoin propaganda, there is no shortage of Bitcoin propaganda now. But are you saying to campaign like Trump? If that's what you're saying, then I would say there is no need to campaign like this. There is no need to campaign by holding young Bitcoin. The way Bitcoin is starting to grow, there is no doubt that Bitcoin will not reach new heights, but we have to invest and hold it. Moreover, I think Bitcoin is starting to grow that way, so by 2025, Bitcoin could probably reach $150,000. My guess is $200,000, but it may not, but there is a possibility of $150,000 to $175,000 by 2025.
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block_2018Senior Member
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#19Aug 23, 2023, 09:52 PM
Hmm, there's nothing wrong with your approach, but $175K is a bit skeptical. However, don't lose heart just yet because, after all, no one can predict how high Bitcoin's all-time high (ATH) will be in the future. Trump's image....  Does it depend on Donald Trump's policies?  Sometimes policies can influence Bitcoin's surge, but sometimes they go against the trend due to unpredictable prices. However, we have our own targets for Bitcoin by the end of the year, and the most talked-about $150K is still quite realistic.
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planktonSenior Member
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#20Aug 24, 2023, 01:16 AM
Perhaps we can go with the argument that everything is possible at this point. That is the thing though, the image of Trump. He has been creating chaos, with his policies that deeply affected the market in some point. But let's say we put him out of the picture, I think it is still very possible that in the last 3 months or so, we might see $175k. I see some predictions as high as $180k. And just like in the last bull run of 2021, we can say that Musk could have influence the price, but then again, the market moves by it's own, with or without any personalities. Initially it is us, the majority, the retail investors that will have the final say where the price will be moving. But now we have institutions so it's going to be a big run and perhaps someone's guess will be right as what will be the all time high.
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