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Big News For Bitcoin Predictions 2021

  • Thread starter Thread starter Suba
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I really doubt that bitcoin will go back to the previous all time high price this year, I don't even think the price will be even $50,000 by the end of 2021. However, I hope it will be around $40,000
 
Nomad said:
I really doubt that bitcoin will go back to the previous all time high price this year, I don't even think the price will be even $50,000 by the end of 2021. However, I hope it will be around $40,000
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The price of Bitcoin is inching forward little by little. Last week it was at $29k for a few days until the trend changed for the better. Today the market price is at $34k which was an improvement from the $33k some days ago. Maybe it is a good time to buy Bitcoin now for a long term investment. However, I also don't think that the price can reach $50k.
 
Suba said:
I think Bitcoin fundamental analysis is more difficult than fundamental analysis on Stocks and Forex, because there are no financial reports like stocks or economic indicators on Forex. so we must be aware of big news that can cause volatility in the price of Bitcoin, here is the big news for prediction / analysis of Bitcoin prices in 2021
1. Many countries will tax Bitcoin covering the purchase profits and mining income. Clarity of these rules is very important for investors.
2. Financial institutions such as JPMorgan and Standard Chartered will enter the crypto world so that it will invite many new crypto investors.

What crypto big news do you know that you think will affect the price of cryptocurrency, especially Bitcoin in 2021?
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Wow! This information differentiate the different of crypto currency from other asset in forex. Incase I have plans going into forex, I will remember this.
 
Whether you like Bitcoin or not, it reminds the highest cryptocurrency in the world and will always be the highest in the world.there are many changes of it increasing everyday. I love Investing on Bitcoin then I will leave it for a long period of time before selling it off
 
Josephjossy said:
Whether you like Bitcoin or not, it reminds the highest cryptocurrency in the world and will always be the highest in the world.there are many changes of it increasing everyday. I love Investing on Bitcoin then I will leave it for a long period of time before selling it off
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I may agree that Bitcoin is the highest but that is only for now. When the whales would unite to bring up another crypto coin to replace Bitcoin in the popularity contest then that is easy to do if you have the resources. Maybe just 5 whales can prop up Eth to compete with Bitcoin.
 
The biggest crypto currency news that will make the price to go up is just to announce that a top company in US or China will accept Bitcoin as a payment system
 
I don't think this will affect bitcoin positively this year. Because if I pay for tax using bitcoin for my transactions then it means that I will want to pause crypto currency for a while and look for means to bypass the tax
 
This is 2021 already and we have seen the crackdown of Bitcoin and the crypto currency exchange Business by China and some world power countries and that haven't stopped the market from going up
 
China ban on all crypto activities.
That is the biggest news that as and would still cause a bad effect on the price of bitcoin.
The sudden ban news has seen Bitcoin fall from 50k to 40k in the previous weeks
 
I just hope the news will pump Bitcoin as one cannot stand a dip or fall in crypto price. Some of these news have happened like PayPal introducing crypto in their system and it is a good thing in a positive direction
 
2021 has been the perfect year so far for bitcoin and the price has remarkably increased this year maybe due to pandemic or due to the fact that many countries started legalizing cryptocurrencies. Still there are many expectations for bitcoin to surge in its price by the end of this year.
 
Kingstone said:
I just hope the news will pump Bitcoin as one cannot stand a dip or fall in crypto price. Some of these news have happened like PayPal introducing crypto in their system and it is a good thing in a positive direction
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fundamentally you should be able to boost and every pressure cryptocurrency deep comes with because that is what makes you a good investor or a trader. It is also very important for you to be conscious of your trading and don't be greedy.
 
Personally, I find it hard to analyse the future of any crypto coin because of their volatility nature. And we have seen experts predictions failed in the past before. But it is really an interesting thing to learn from the comments of some educated and talented individuals of this forum on different issues. Thanks for sharing.
 
Niftyyem said:
Paypal finally launching their crypto services will surely affect btc positively come the new year. This will bring in more serious investors into the crypto world.
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Paypal is a very big and influential company and it will be to theor own very advantage if they can start their own crypto currency coin, it will help their customers to stick with them.
 
The biggest good news I want to hear about bitcoin is that the price of bitcoin will continue to increase in the market, so that the investors of bitcoin will make good profit from it.
 
The biggest is actually when more institution place interest in the use of cryptocurrency ,it would actually make the investors place high interest in cryptocurrency investment so they could also benefit from the system
 
I believe that this year will see a large number of large corporations participate in bitcoin, which will result in a significant increase in the price of bitcoin, as well as a large number of consumers investing in it.
 
Dagm1 said:
I believe that this year will see a large number of large corporations participate in bitcoin, which will result in a significant increase in the price of bitcoin, as well as a large number of consumers investing in it.
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Do you think it would be possible for bitcoin to reach another all time high this year? Currently Bitcoin is experiencing some dips.
 
IN 20021 Bitcoin had a roller coaster ride. In May it reached all time high with the price of $64K then it started falling and went down to $30, then it started climbing, at at a certain point it remained consistent.
 
I predict the price action of bitcoin using the technical analysis. I use the line and the candlestick pattern. I am very confident that I predict precisely 80% accuracy. The setback is the fund to do the business.
 
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