Will BTC Reach $150K in the Next Bull Run?

[EarnOnVictor]

This is according to Standard Chartered Bank ....
-snip-
How’s it going, Bitcoin bulls? Do you believe in the forecast from a certain bank? I think it's doable, especially since we’re entering the last quarter of the year, and if history has anything to say about it, there’s usually a lot of good stuff happening around this time. So, if this bull run does come, hitting $150k seems possible. But the real question is, can we push it to $200k?

Don't fall for these big banks in the name of being big and successful, no one knows what the market would do with 100% accuracy, we are just speculating and speculation could be right or wrong, no analyst is a super-being as some would view them. I continue to favour some slight bullish close for Bitcoin in 2024, it has already maintained such a bullish stance, it will not slip so low to the point that it will close lower than the year's opening price. Bitcoin started the year at about $42,500, and for me, it should close the year at about $60,000-$85,000, the $150,000 price called by the bank is outrageous, they might have followed the trend and hypes then judging by the time of speculation. I don't see Bitcoin reaching that level this time, it will take more years to achieve it.

[sunsilk]

I will love them if their prediction happens at the year-end with $150k. Because if that's going to be the highest for this year then how much more if it's going to be the actual peak of this cycle?

We're getting to the most exciting part. We're very close to the end of this year and I am sure that they're not the only ones that can't wait for that.

But to be honest, that's too much to think of and I am not putting that high hopes to what they've said. I've got my targets and they're not that much but it will be amazing if they will be accurate to that prediction.

[mirakal]

Though I'm a fan of making speculations, I think $150,000 is way far from making it in reality. Even hitting $100,000 seems tough considering the current condition and the few days left in the year. Of course, we couldn't argue that the holiday season typically has a huge impact on prices, as we've seen in past years, but it's not enough to push bitcoin all the way up to $150,000.

Right now, bitcoin's price ranges between $63k and $68k—still far from the $100k many were expecting during its all-time highs. Even if it does hit that price, $150,000 feels like a real long shot at this point.
 
 

[michellee]

Bitcoin bull will come soon, no need to worry. I expecting to see bull run can hit $150k especially if there is many good news release at that time. Bitcoin price can increase to $200k when more and more support comes so that will gives more chances for Bitcoin to lift and maybe that will break more than $200k.

But we should remember that we can not say that the bull run will come in the end of this year. Bitcoin will increase when the time is right but we can not predict accurately when that will happen.

Many people outside say that Bitcoin have possibility to reach $150k or even $250k. But they can not answer with right when that is happen.

[lixer]

Bitcoin bull will come soon, no need to worry. I expecting to see bull run can hit $150k especially if there is many good news release at that time. Bitcoin price can increase to $200k when more and more support comes so that will gives more chances for Bitcoin to lift and maybe that will break more than $200k.

But we should remember that we can not say that the bull run will come in the end of this year. Bitcoin will increase when the time is right but we can not predict accurately when that will happen.

Many people outside say that Bitcoin have possibility to reach $150k or even $250k. But they can not answer with right when that is happen.

The possibility of breaking over 200k excites me too. I am not saying we will, but the possibility of bull run going there is something we can see, just going 3x of previous all time high isn't really that unlikely but at the same time it requires a lot more money so I understand why this may not happen. I believe we are going to see 150k though, there is no doubt in my mind we are going to see that much because it's just a bit more than double and we can definitely increase that much in price.

Things aren't always too easy, and sometimes we fail to reach what we want to reach, but as long as we make some profit from this then there is really nothing to worry about. We can complain about how much we profited, but at least we would be profiting.

[_BlackStar]

I will love them if their prediction happens at the year-end with $150k. Because if that's going to be the highest for this year then how much more if it's going to be the actual peak of this cycle?

If $150K is the new ATH this year, then I can predict $200K as the peak in 2025. How about that - it's not impossible, right?

We're getting to the most exciting part. We're very close to the end of this year and I am sure that they're not the only ones that can't wait for that.

But to be honest, that's too much to think of and I am not putting that high hopes to what they've said. I've got my targets and they're not that much but it will be amazing if they will be accurate to that prediction.

Having hopes for a new ATH on bitcoin is fine - they just need to realize that anything is possible. Not all hopes can be realized - the market is very dynamic and unpredictable.

But still - many of us have high hopes for a big increase in the upcoming bull cycle. $150K is not impossible this year - but it does not mean it will be hit as a new ATH. Just own the bitcoin and hold them - then sell them according to your own plan, whether gradually or all at once.

[Iranus]

Though I'm a fan of making speculations, I think $150,000 is way far from making it in reality. Even hitting $100,000 seems tough considering the current condition and the few days left in the year. Of course, we couldn't argue that the holiday season typically has a huge impact on prices, as we've seen in past years, but it's not enough to push bitcoin all the way up to $150,000.

Right now, bitcoin's price ranges between $63k and $68k—still far from the $100k many were expecting during its all-time highs. Even if it does hit that price, $150,000 feels like a real long shot at this point.
 
 

Let time tell all because we all know that bitcoin is unpredictable. Those who predict bitcoin can reach 150k-200k have their reasons, because judging from the past, it is not too unrealistic for bitcoin to triple from the previous ATH. But you are not wrong to doubt that bitcoin will hit $150k because the $100k target has not been reached yet, so setting expectations higher is unrealistic.

For me, I will base on the upcoming economic situation, the election results, the war situation...I will set the goals that are most suitable for me. It would be unwise to set a fixed goal at this point when we do not know what will happen in the future. We need data to make realistic predictions instead of just making predictions based on personal expectations.

[LUCKMCFLY]

The possibility of breaking over 200k excites me too. I am not saying we will, but the possibility of bull run going there is something we can see, just going 3x of previous all time high isn't really that unlikely but at the same time it requires a lot more money so I understand why this may not happen. I believe we are going to see 150k though, there is no doubt in my mind we are going to see that much because it's just a bit more than double and we can definitely increase that much in price.

I think anything is possible, many said in 2017 that bitcoin would not go over $15k and it did and it swept away, also some economics experts claim that btc's potential can not only reach $200k but $300k and very important people are in the world of investors, I'm talking about Robert Kiyosaki and many in general, of course we have great investors like Warren Buffet who do not have the slightest confidence in BTC, but they are respected, they are monsters of financial economics and their advice that despite... their advice applies to BTC in its entirety.

[tiCeR]

The possibility of breaking over 200k excites me too. I am not saying we will, but the possibility of bull run going there is something we can see, just going 3x of previous all time high isn't really that unlikely but at the same time it requires a lot more money so I understand why this may not happen. I believe we are going to see 150k though, there is no doubt in my mind we are going to see that much because it's just a bit more than double and we can definitely increase that much in price.

I think anything is possible, many said in 2017 that bitcoin would not go over $15k and it did and it swept away, also some economics experts claim that btc's potential can not only reach $200k but $300k and very important people are in the world of investors, I'm talking about Robert Kiyosaki and many in general, of course we have great investors like Warren Buffet who do not have the slightest confidence in BTC, but they are respected, they are monsters of financial economics and their advice that despite... their advice applies to BTC in its entirety.

But you remember that Warren Buffet has missed the boat several times. Now it doesn't matter as he is rich anyway, but he was never really a tech guy. It surprises me though that a guy with his IQ and life experience doesn't believe in a decentralized currency. Guys like Milton Friedman literally predicted Bitcoin's existence in the future. I wonder though whether Buffet really doesn't believe in bitcoin or whether he has an agenda? Remember that he has investments in banks and I believe he wouldn't be able to talk about bitcoin positively in public. I still think it was funny that Bill Gates was excited about bitcoin, a tech geek, and then out of a sudden he said that bitcoin sucks so to say and that he is not very positive about it anymore. I guess it has to do with the fact that he had a place on the Berkshire board and that he has a huge position in the shares. It's all driven by incentives because how would it make sense that a software billionaire can't get excited about bitcoin?

And as for price targets, $150k doesn't really sound like much and as LUCKMCFLY said, how often have people now said that this price level and that price level is out of reach and then shortly after, there you go.

[Coyster]

If $150K is the new ATH this year, then I can predict $200K as the peak in 2025. How about that - it's not impossible, right?

The year is almost over and the price is yet to break the current resistance of $70k, though i feel it is close to doing so, but $150k still looks like a lot to achieve this year. I'd be more conservative with my prediction and say if the new ATH for this year is around $80-85k, then at the peak in 2025, we could see a new ATH in the range of $150-180k. It is interesting to watch and see what this cycle brings for us.

[Marvell1]

But you remember that Warren Buffet has missed the boat several times. Now it doesn't matter as he is rich anyway, but he was never really a tech guy. It surprises me though that a guy with his IQ and life experience doesn't believe in a decentralized currency. Guys like Milton Friedman literally predicted Bitcoin's existence in the future. I wonder though whether Buffet really doesn't believe in bitcoin or whether he has an agenda? Remember that he has investments in banks and I believe he wouldn't be able to talk about bitcoin positively in public. I still think it was funny that Bill Gates was excited about bitcoin, a tech geek, and then out of a sudden he said that bitcoin sucks so to say and that he is not very positive about it anymore. I guess it has to do with the fact that he had a place on the Berkshire board and that he has a huge position in the shares. It's all driven by incentives because how would it make sense that a software billionaire can't get excited about bitcoin?

And as for price targets, $150k doesn't really sound like much and as LUCKMCFLY said, how often have people now said that this price level and that price level is out of reach and then shortly after, there you go.

Just because you have a high IQ or are tech savvy doesn't mean you have to love bitcoin, there is no connection between those things. It's simply that everyone has different interests, passions, and beliefs...and therefore will have different choices.

We need bitcoin not only for privacy but also for the main purpose of making money and getting rich. Meanwhile, Warren Buffet or Bill Gates, they are billionaires and have their own paths, so it is normal that they do not need and do not believe in bitcoin. Honestly, if I were a billionaire, I wouldn't care about bitcoin because I have hundreds of ideas, millions of safer ways to make money than investing in bitcoin, why would I choose bitcoin? Maybe that's what billionaires think too, they have more choices and opportunities than we do.


Like you and many others, why don't you want to invest in gold or stocks, and bitcoin is the only option, while people richer than us choose them? Obviously, our starting points are different and thus our tastes are different, so there is no need to hate them or impose your thoughts on them.

[tiCeR]

...

Just because you have a high IQ or are tech savvy doesn't mean you have to love bitcoin, there is no connection between those things. It's simply that everyone has different interests, passions, and beliefs...and therefore will have different choices.

We need bitcoin not only for privacy but also for the main purpose of making money and getting rich. Meanwhile, Warren Buffet or Bill Gates, they are billionaires and have their own paths, so it is normal that they do not need and do not believe in bitcoin. Honestly, if I were a billionaire, I wouldn't care about bitcoin because I have hundreds of ideas, millions of safer ways to make money than investing in bitcoin, why would I choose bitcoin? Maybe that's what billionaires think too, they have more choices and opportunities than we do.


Like you and many others, why don't you want to invest in gold or stocks, and bitcoin is the only option, while people richer than us choose them? Obviously, our starting points are different and thus our tastes are different, so there is no need to hate them or impose your thoughts on them.

I feel you didn't get my point. There is a connection between complex topics and people with high IQ on average grasping those topics faster than people with low IQ. I doubt that you doubt that.

Bitcoin couldn't make you rich if it didn't have a purpose and a certain architecture that could not be shut down as of to date. The good news is that people with less IQ only need to be smart enough to jump on the bandwagon.

But let me reiterate on Buffet and Gates. I said that in the beginning Gates was talking positively about bitcoin, then Buffet jumped the gun and Gates rowed back. Regarding Buffet, he missed out on so many tech stocks that it doesn't surprise me he says bitcoin has no intrinsic value, which is factually false. But it makes sense from Buffet's point of view as he has this finite view that many people think bitcoin will replace any and all fiat currencies. That's not going to happen because there will always be countries trying to enforce their policies globally and they can hardly do that with a decentralized, censorship-resistant currency. But bitcoin is an incredible tool to carry value across boarders in no time, value preservation in general, many other great characteristics that you can never achieve with a centralized currency.

By the way, Gates also doesn't need any tax evading tools as he has evaded enough by now. It's interesting how today they call for higher tax rates for people in their position, but they could have done that earlier, couldn't they? First build a massive fortune with all kinds of tax strategies, then call for higher taxes. Watch this video from 3:15, Gates being caught on the wrong foot for Microsoft not paying the taxes it should be paying because of highly sophisticated corporate structures.

That is why I bet that at least Gates understand bitcoin has value. Buffet I don't know, but Gates does and he revoked his positive opinion after Buffet probably kicked his ass for talking positively in public about it.

[Japinat]

If $150K is the new ATH this year, then I can predict $200K as the peak in 2025. How about that - it's not impossible, right?

The year is almost over and the price is yet to break the current resistance of $70k, though i feel it is close to doing so, but $150k still looks like a lot to achieve this year. I'd be more conservative with my prediction and say if the new ATH for this year is around $80-85k, then at the peak in 2025, we could see a new ATH in the range of $150-180k. It is interesting to watch and see what this cycle brings for us.

Glad to see you’ve got a conservative outlook, but this article is hinting at a possible massive Bitcoin bull run. Sure, we couldn’t break that resistance wall yet, but Bitcoin's slowly gearing up - and who knows, one of these days, if that wall breaks, we could be looking at a new ATH. And that’s when the real party kicks off.

I’m trying to stay conservative with my predictions too, but honestly, I’ve seen enough crazy bull runs before. It’s hard not to get hyped, even when trying to stay realistic. So man, let the bull run do its thing, and we’ll celebrate by the end of the month. How does that sound?

[Kemarit]

If $150K is the new ATH this year, then I can predict $200K as the peak in 2025. How about that - it's not impossible, right?

The year is almost over and the price is yet to break the current resistance of $70k, though i feel it is close to doing so, but $150k still looks like a lot to achieve this year. I'd be more conservative with my prediction and say if the new ATH for this year is around $80-85k, then at the peak in 2025, we could see a new ATH in the range of $150-180k. It is interesting to watch and see what this cycle brings for us.

Glad to see you’ve got a conservative outlook, but this article is hinting at a possible massive Bitcoin bull run. Sure, we couldn’t break that resistance wall yet, but Bitcoin's slowly gearing up - and who knows, one of these days, if that wall breaks, we could be looking at a new ATH. And that’s when the real party kicks off.

I’m trying to stay conservative with my predictions too, but honestly, I’ve seen enough crazy bull runs before. It’s hard not to get hyped, even when trying to stay realistic. So man, let the bull run do its thing, and we’ll celebrate by the end of the month. How does that sound?

It's going to be crazy if this predictions hit in 2025, although there are majority here that are anticipating this massive bull run and so with that we all wanted to be prepared by still accumulating Bitcoin as this point. And most likely, even with the bull run in full swing, we can still save and be just a HOLDer.

We just have another set back again, the big barrier of $70,000 can't be broken and so there is already a correction that started yesterday. So it will just extend the prediction a little longer and it will be better if we see and look at it to happen most likely next year. Although who knows, next month could be big for us because of the US election and the winner could be the catalyst for a new all time at the end of the year.

[AmoreJaz]

If $150K is the new ATH this year, then I can predict $200K as the peak in 2025. How about that - it's not impossible, right?

The year is almost over and the price is yet to break the current resistance of $70k, though i feel it is close to doing so, but $150k still looks like a lot to achieve this year. I'd be more conservative with my prediction and say if the new ATH for this year is around $80-85k, then at the peak in 2025, we could see a new ATH in the range of $150-180k. It is interesting to watch and see what this cycle brings for us.

I don't understand why people are so ambitious and just be grateful that we reached more than 60k level again. Very few assets can reach this price rate for just more than a decade of existence.
Next year or in the succeeding years, we will see more adoption as people are getting oriented with this currency.

I believe, those people who have that kind of target are the ones who are aiming for big profits at a short period of knowing this market. For most long-timers, they for sure are already happy that we reached this level of popularity and at the same time the price level of more than 50k - which was like impossible to reach,  a decade ago.

[LUCKMCFLY]

But you remember that Warren Buffet has missed the boat several times. Now it doesn't matter as he is rich anyway, but he was never really a tech guy. It surprises me though that a guy with his IQ and life experience doesn't believe in a decentralized currency. Guys like Milton Friedman literally predicted Bitcoin's existence in the future. I wonder though whether Buffet really doesn't believe in bitcoin or whether he has an agenda? Remember that he has investments in banks and I believe he wouldn't be able to talk about bitcoin positively in public. I still think it was funny that Bill Gates was excited about bitcoin, a tech geek, and then out of a sudden he said that bitcoin sucks so to say and that he is not very positive about it anymore. I guess it has to do with the fact that he had a place on the Berkshire board and that he has a huge position in the shares. It's all driven by incentives because how would it make sense that a software billionaire can't get excited about bitcoin?

And as for price targets, $150k doesn't really sound like much and as LUCKMCFLY said, how often have people now said that this price level and that price level is out of reach and then shortly after, there you go.

It is true, what happens is that Buffet is very stubborn, I don't know if you remember that the creator of Tron had a great dinner with him and talked to him about that alt, he also gave him many, Buffet politely accepted them but he knows that he is not even a little bit excited, it's just that Warren Buffet is a guy who is like you say, he has so much money that the money from Crypto doesn't attract his attention anymore, however his books are very good and his advice applies totally to the BTC market, I think that Bill had a bad experience with BTC, maybe he bought at a bad time or something to have said something like that.

The price thing is totally valid, many think that it can't get there, but come on, in 2018 who would have imagined that BTC would reach almost $20k? then to more than $73k, then each ATH is juicier than the first, we have to start from there.

[asriloni]

If $150K is the new ATH this year, then I can predict $200K as the peak in 2025. How about that - it's not impossible, right?

The year is almost over and the price is yet to break the current resistance of $70k, though i feel it is close to doing so, but $150k still looks like a lot to achieve this year. I'd be more conservative with my prediction and say if the new ATH for this year is around $80-85k, then at the peak in 2025, we could see a new ATH in the range of $150-180k. It is interesting to watch and see what this cycle brings for us.

150k is a very non sensical target to be achieved by Bitcoin this year. We're near 70k. Then, we fell to 66k. So, there's strong resistance at 70k that bitcoin can't break. I expect it to drop back to the 64k. That being said bitcoin needs a bigger support to break 70k.

And thinking about BTC to break new ATH like 80k - 85k in a short time, it is unlikely to happen.  i see no reason for BTC to jumping up a lot. We're almost coming to the end of October, yet nothing happened so far. This means bitcoin bullish patter is starting to change.

I'd rather believe BTC is always doing sideway till early of next year.

[Yaunfitda]

If $150K is the new ATH this year, then I can predict $200K as the peak in 2025. How about that - it's not impossible, right?

The year is almost over and the price is yet to break the current resistance of $70k, though i feel it is close to doing so, but $150k still looks like a lot to achieve this year. I'd be more conservative with my prediction and say if the new ATH for this year is around $80-85k, then at the peak in 2025, we could see a new ATH in the range of $150-180k. It is interesting to watch and see what this cycle brings for us.

150k is a very non sensical target to be achieved by Bitcoin this year. We're near 70k. Then, we fell to 66k. So, there's strong resistance at 70k that bitcoin can't break. I expect it to drop back to the 64k. That being said bitcoin needs a bigger support to break 70k.

But that is the thing with Bitcoin price movement, when we thought that we are going to break that resistance, price goes down hard. And then we will try and go to up again and break that resistance. And usually it takes like 2-3x before we can finally break and the maintained it and goes for another jump, and cycle repeats.

And thinking about BTC to break new ATH like 80k - 85k in a short time, it is unlikely to happen.  i see no reason for BTC to jumping up a lot. We're almost coming to the end of October, yet nothing happened so far. This means bitcoin bullish patter is starting to change.

I'd rather believe BTC is always doing sideway till early of next year.

Hard to say, maybe you forget that we will have the US election next month. And it's very interesting that one candidate is pro-crypto. And if he wins, as he is leading the poll right now, that everything not just crypto, will have a positive movement because of the newly elected President. So we will see, maybe we can reach $80k-$85 at the end of the year. Many things can happen in the next 2 months.

[Jating]

I will love them if their prediction happens at the year-end with $150k. Because if that's going to be the highest for this year then how much more if it's going to be the actual peak of this cycle?

For sure, everyone will be excited as this is the first time that we will see that kind of price. Reaching 6 digits is already a accomplishment for us. But getting into $150k? That is something new to all of us.

We're getting to the most exciting part. We're very close to the end of this year and I am sure that they're not the only ones that can't wait for that.

But to be honest, that's too much to think of and I am not putting that high hopes to what they've said. I've got my targets and they're not that much but it will be amazing if they will be accurate to that prediction.

It's better to really just let the market gets into it's flow and not to think more about it. That's one lesson I learned, is that you can't forced it to reach let's say this X price as it will really look artificial and not good for the market itself. So if we reaches it in the next 12 months then so be it.

[tiCeR]

...

It is true, what happens is that Buffet is very stubborn, I don't know if you remember that the creator of Tron had a great dinner with him and talked to him about that alt, he also gave him many, Buffet politely accepted them but he knows that he is not even a little bit excited, it's just that Warren Buffet is a guy who is like you say, he has so much money that the money from Crypto doesn't attract his attention anymore, however his books are very good and his advice applies totally to the BTC market, I think that Bill had a bad experience with BTC, maybe he bought at a bad time or something to have said something like that.

The price thing is totally valid, many think that it can't get there, but come on, in 2018 who would have imagined that BTC would reach almost $20k? then to more than $73k, then each ATH is juicier than the first, we have to start from there.

Yes true words here and as for Bill Gates having had a bad experience with BTC because of bad timing or something, no I fully doubt that. Come on how much could he have lost that it hurt him? You and I, we can have a bad experience, but Gates? Let's say he lost $100 million, I doubt that he would have cared. If I had to guess, I would rather believe that he did buy BTC, didn't want to turn into a public advocate, and is now holding 100,000 BTC that he bought for $100 million via structures that hide his identity. Or he doesn't care at all because he is as rich as he is, same thing like Buffet. But since BTC is a controversial, highly political and economically relevant topic, I would assume that Gates would have not outed himself as an investor in a decentralized network with an unknown founder.

2017/2018 shocked everyone similarly like to shocked everyone when it crossed $1,000 and I think more shocks are in the making