If Bitcoin manages to get past and stay above $119,500, then we could see it reach $146,000 in the next 27 days.
Can we hit $146k in 27 days?
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You shouldn't stress too much about it unless you're a professional trader involved in day trading. Bitcoin will keep rising in the long run because fiat currencies constantly lose value . there's no bottom for fiat.Of course, there will be bigger and smaller corrections, but in the long run number go up. It's much smarter to focus on your own work, your source of income, and try to save as much Bitcoin as possible Dont trade it. Just stack.
matrix2014Senior Member
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#3Dec 15, 2017, 05:11 AM
Bitcoin crossed $123,000 in July 14, few times Bitcoin stay at $119,500. So 27 days from July 14 will be August 10. Let's see how true your wild speculation is, realistically it won't happen.
No, there is no such thing as "should expect" in any market. Specially when you are talking about exact numbers like these. Why not $147k in 26 days?! That's the flaw in TA...
Price is going up slowly and it is not possible to predict when it will reach a certain level. We can make random guesses though, some of which may come true. But it is impossible to predict. All we know is that the adoption is still increasing and despite the ongoing recession and the uncertainty it has caused in all markets, bitcoin continues rising slowly but surely.
Thank you for your patience in explaining
I expect it to reach 140k in the next 26 days. Yes, it is true that we cannot exactly call the market a fixed price, because the market is always changing, it is difficult to say exactly when it will happen. But since it has broken 119 several times before and made an ATH of 123k. But I think even if it does not reach 140k in the next 26 days, I will take more time for it, because I know it will never fall completely, I will hold it as my future asset.
The first flaw is in being too certain of a fix amount you're hoping bitcoin will get to in less than a months time. Moving from $120k to $146k is completely realistic but assigning a time frame for that to happen makes the speculation a flawed one because the probability of such happening is close to zero and if it happens that 27 days from now that bitcoin gets to exactly 146k, it will only mean that you have an inside information that we are not disposed to or that bitcoin is predictable in price.
Its possible to get to $146k and very soon we will get past that price but the exact time when bitcoin will go above that value is what's not certain.
basedmatrixFull Member
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#8Dec 17, 2017, 09:04 AM
Why expect on something that unsure to happen? Maybe better for you not to think about it so much. Let those situation come since if Bitcoin price would reach on that price level there's provably more good happenings will happen on Bitcoin since it will gather more attention.
For now focus to accumulate and hold it since if you believe Bitcoin would cross unto that figure for sure that you get lucky to earn on Bitcoin.
I do hope we could see more for Bitcoin and hit at $200k or even $500k.
Possibly. Theres no telling. It wasnt that far actually. When people become so bullish more on bitcoin anything could happened quite very fast. Its like a massive movement that anyone should note on. But the reversal can also happened going down fast. Btc is a highly volatile crypto and anything might trigger its up and down.
One question, OP - why exactly this price?
What exactly is wild about a $23k increase from current ATH tho? It is not even a 20% jump from $123000 and we have all seen 10++% gains in hours, all it would take is one such big jump and then momentum from buyers and weakness from bears.
Wild would be $200k But maybe that's just me so used to seeing wild that all this seems pretty normal to me!!
Same question I have for Op because it sounds suspicious. I mean the specific price and the time frame call for attention. If it's a round figure price like 150k, 160k etc, it would have been a different case but who knows what's behind Op speculation?
By the way, Bitcoin price doesn't move based on "if" Op. You should have given us something (reasons/evidence) to ponder on regarding your odd price speculation.
This is a speculation you just made, but there are no proof to how and why this must come to be, the market may react in either ways, i see 27 days even too much for it to make it to $146,000 what i can only say on this regard is this, we may experience up to this rate, but it may not be within, on or before 27 days as purported by OP, this may eventually extent beyond the said time frame and may even come more closer than expected, for now, lets keep all eye on it and see what comes up next, while the $119,000 resistance remain or be lifted soon.
BasedPixelFull Member
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#14Dec 22, 2017, 04:26 AM
You don't expect all to believe your prediction, how did you come up with this prediction?
How sure are you, there is no certainty in Bitcoin prediction. Bitcoin is a highly speculative asset with unsure outcome. Bitcoin can make $146,000 within the next 24hrs, the price of Bitcoin is unpredictable and is affected by some factors that can cause huge market pump or decline.
hodler_gweiFull Member
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#15Dec 24, 2017, 10:45 AM
Hope is good, but as we know, Bitcoin is unpredictable, and anything can happen, and vice versa. So, while hope is good, don't get your hopes up, because if it doesn't materialize, it can be very painful. Let Bitcoin run its course, because eventually, the price will reach your desired price, and that's for sure. However, it's all just a matter of time, and only the long term will tell.
27 days isn't a long time, so I think reaching $125,000 is still reasonable, or returning to the previous all-time high would be a good move. Because to reach $145,000, we need to break through $130, which would allow Bitcoin's price to reach that price and even higher.
block_2018Senior Member
Posts: 155 · Reputation: 949
#16Dec 26, 2017, 08:41 AM
Perhaps OP has a desired target at that figurelet this be a wild prediction, but anything can happen in the movement of Bitcoin, especially with the strong push from positive news.
Don't think too closely about the target because we know it will be difficult to predict. Many people are optimistic, so we believe that Bitcoin will rise in the future, so we will continue to HODL until at least $150K, which is the initial target.
Everyone is hoping the rally will come again toward the record high.
I'll wait but expecting something in a short period of time is a big no-no. But, just wait.
27 days or less than a month with 30 days in a month if you start from today, I have no answer but to wait because $146,000 is a price that is below my expectation of $150,000 this year, not in days because for me it is illogical although in the crypto market what is considered impossible can be a surprise and that surprise is possible.
Unfortunately, Bitcoin has dropped back to $117k. It's not a significant drop from $119k, but perhaps the previous situation will repeat itself. We will observe Bitcoin in its current position for a few days and watch for the next movements. If it can rise above $120k again, the speculation you mentioned might indeed happen. However, I am a little uncertain about your 27-day target. It's not impossible, but Bitcoin's current movements seem to trend towards small spikes instead of a high pump that would drive Bitcoin up in a short period.
I expected you to add a chart to this post so we can see what you are seeing from a technical perspective, unfortunately, you did not support your claim with anything, so we don't know what you are seeing and it will be difficult to agree or disagree with you. I'm only concern with the time bound aspect of your prediction which is 27 days, I don't think that make any sense because you are not a soothsayer to know what will happen in 27 days time from now. Bitcoin will surely get to $146,000 but no one can tell when that will happen.
How sure are you that bitcoin price is going to hit $146,000 within 27 days even after bitcoin break $119,500? I think you shouldnt give people false hope, if bitcoin breaks $199,500 some newbies seeing your post might start buying thinking in the next 27 days they will be in profit, but we all should know that things dont work like that, bitcoin price hit all time high few days ago, but since then bitcoin price have not been stable. I know bitcoin price will be hitting the price which you mentioned soon, but I think nobody knows when thats going to happen.
Even if bitcoin price passes $119,500 that you mentioned, bitcoin price might not just pump to the price which you mentioned, it might take longer than we expected, so lets just wait patiently and see when bitcoin price will hit $140k, I dont think anyone knows when thats going to happen.