BTC 230k ???

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Yeah, some people are saying 1 mil on twitter. People do have really high expectations.
 
Bitcoin will go below US$12000 (soon) this year and it will remain below US$12,000 for the next 2 to 3 years.
 
Raj Kesu said:
Bitcoin will go below US$12000 (soon) this year and it will remain below US$12,000 for the next 2 to 3 years.
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source: trust me bro. If you are so sure, post your shorts and well worship you for being a clarivident.
Truth is NO ONE knows, because if anybody would, they would bet all the money available on it and, they wouldnt tell anybody, but truth is not even whales can know with certainty, stop asking how much will it be in x time and start asking whats the best way to keep constantly investing when its down without breaking the bank
 
I think no one really knows what exactly will happen with BTC as it relates to the value.
 
mrbit said:
If you are so sure, post your shorts and well worship you for being a clarivident.
Truth is NO ONE knows
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No one knows, that is correct. But, what everyone knows is that Bitcoin price goes up and down and it may overall go up for some period of time, overall go down for some period of time. And I would rather not short or long Bitcoin, I would rather trade in a way that no matter if it is going up or going down, I make profits, an example is here in https://www.blackhatworld.com/seo/my-crypto-trading-journey-using-a-customized-trading-bot.1412147/ thread. Though I'm not over-confident, but so far I've not been wrong. As far as I'm concerned, Bitcoin price is quite predictable to those who understand that Bitcoin price is being played by the whales.
 
One day, hopefully. Soon? I don't think so. Just accumulate now.
 
230k is way too optimistic, more reasonable is 40-50k in the following years. But nobody knows for 100%, it can drop to 10k also, it's all a gamble.
At the moment the best way you can make money is by shorting it.
 
Nut-Nights said:
Yeah, some people are saying 1 mil on twitter. People do have really high expectations.
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They are the ones who have sold their houses and invested the money in bitcoins. They expect to shift to big farmhouses soon with profit.
 
Just to drop a few cents about pricing prediction on an asset. Something you never really hear about that should add some perspective to some opinions.
On a pool with millions people making predictions ranges, there is really strong odds that there will be some oracles among them. But these oracles on the macro level are simply systemic statistics no matter how backed up are their predictions.
The bitcoin price will depend on the world's subconscious choice to adopt it or not and if so how.
It seems clear that cryptocurrencies are here to stay in spite of the bearish market.
 
It can reach that price tag this year itself. When we will see it crossing 60k and beating previous ath, lot of new investors will join.
 
230k this year is not possible. Max it can go to range 100k and foe that also we need a number of positive factors.
 
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