Will Bitcoin reach 50000$ by the end of 2021?

[Shivay]

I think at the end of this year, bitcoin can touch almost 20k$ because the rate at which the value of bitcoin is going up day by day, it seems that bitcoin sets a new record in this year's end

if the value of bitcoin will go around 20000$ dollars at the end of the year then i will definitely purchase it. As it price increases with a very fast boost and then i try to do some long or short term investments on it.

 

[Niftyyem]

I think that bitcoin can reach and even surpass $50000 within this year going by its trends especially in the past. Its bull runs when they start usually increase the price exponentially, so, it may happen just like that.

 

[Patrik]

it's very hard to tell, especially after the unstable experienced that it had, dropping from more than 40.000$ to almost 29.000$, we will clearly know in the incoming days how much it will reach

 

[Nurudeen]

I definitely believe that the price of bitcoin will reach $50,000 and even surge pass more than that because a lot of people are now much more interested in the market and since the market is mostly dependent on demand and supply, if the the demand also increase this year it will reach $50000

 

[Sotherefore]

A lot of cryptocurrency expert have predicted that the price of bitcoins will even go above that so I think there is a possibility that the price of bitcoins will reach almost $80000 before the end of the year,that is why now is still the right time for anyone who want to invest in bitcoins.

 

[Richmond funke abosede]

The unconventional policies adopted by authorities to counter the coronavirus-induced slowdown have boosted demand for bitcoin and gold this year. ... Past data also favors a rally to $50,000, according to Bloomberg,
Bitcoin will likely break $50,000 in 2021.” The market trend is clear. Despite Bitcoin's variability, new bull cycles see the highs go higher and the lows get higher as well. This is to say that Bitcoin keeps breaking its previous records and stabilizing at higher prices after its drops.
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The unconventional policies adopted by authorities to counter the coronavirus-induced slowdown have boosted demand for bitcoin and gold this year. ... Past data also favors a rally to $50,000, according to Bloomberg,
Bitcoin will likely break $50,000 in 2021.” The market trend is clear. Despite Bitcoin's variability, new bull cycles see the highs go higher and the lows get higher as well. This is to say that Bitcoin keeps breaking its previous records and stabilizing at higher prices after its drops.

 

[ahmedo24]

I am very confident that bitcoin will even beat $50,000 this year what is currently happening to bitcoin now is correctional stage but soonest the bull run will start. It is possible to attain $50k before June or July.

 

[Naz Noshin]

For the first time ever, Bitcoin reached a new All-time-high (ATH) of $40k per coin. Those who held Bitcoin since 2017 (or before) would've made a lot of money by now. Unfortunately, prices have stalled as Bitcoin is stuck between the $30k - $32k range. It could be because of the whales due to the demand. Whatever the reason for the price drop, Bitcoin is still much more valuable than what it was a couple of years ago.
All of this makes me wonder, will Bitcoin will reach $50000 by 2021? If it does, 2021 will prove to be Bitcoin's biggest year with astronomical returns for early investors. Right now could be the perfect buying opportunity while Bitcoin is still in the $30k range.
What do you think?

Everything is possible . In the start of December 2020 , Bitcoin's price was around 17k$ but in the start of January, it's price touched to 40k$+.... So we can say Bitcoin's price can increase more than 50k$. It doesn't matter if the price of Bitcoin is in 30k$ range. It's price can increase any time like in the past .

 

[Shivay]

Everything is possible . In the start of December 2020 , Bitcoin's price was around 17k$ but in the start of January, it's price touched to 40k$+.... So we can say Bitcoin's price can increase more than 50k$. It doesn't matter if the price of Bitcoin is in 30k$ range. It's price can increase any time like in the past .

Yeah brother , not even that . The price of bitcoin before the corona pandemic in the January 2020 was around 8000$ and at the end it was multiplied around 5 times its price then it clearly shown that bitcoin can do anything in its power

 

[Asad Ali]

Bitcoin will go above 50,000$ by the end of this year.Bitcoin has gone up a lot in the last few days and many people are holding Bitcoin so that they can take advantage of it at the right time.I believe Bitcoin will go above 60,000$ by the end of this year.Some people are even predicting that Bitcoin will go above 100K by the end of this year.

 

[btaliat]

Bitcoins have surpassed its last year record. It will be noticed that bitcoins despite its decrease in its price, always rise again in less than three days. So I don't doubt the rise in the price of bitcoins even more than the projected price.

 

[Yewande]

The prediction clearly state that Bitcoin will exceed the 50000$ Mark. Nevertheless this is a very unstable market and things can change any moment. Imagine Elon Musk making a negative comment on Bitcoin.

 

[Shivay]

The prediction clearly state that Bitcoin will exceed the 50000$ Mark. Nevertheless this is a very unstable market and things can change any moment. Imagine Elon Musk making a negative comment on Bitcoin.

Yeah , i have seen that on his twitter handler and since he posted that simultaneously the price of bitcoin was increasing steadily.
He even mentioned #bitcoin in his twitter bio , he is really concerned about cryptocurrencies especially bitcoin.

 

[Yewande]

Yeah , i have seen that on his twitter handler and since he posted that simultaneously the price of bitcoin was increasing steadily.
He even mentioned #bitcoin in his twitter bio , he is really concerned about cryptocurrencies especially bitcoin.

Of course anyone concern with crypto currency must pay concern to Bitcoin because Bitcoin is like the power House of crypto. I have observed the way Bitcoin affect on crypto currency market especially ethereum value

 

[Suba]

It is likely that Bitcoin price will hit $ 50k by the end of 2021, because currently Bitcoin price will move between $ 31k to $ 35k until Feb 13, 2021, but if possible Bitcoin price will break the $ 44k resistance level on Feb 15,

 

[tuna89]

There are indications that btc may rise up to 150,000usd within three to five years, meaning that by this year or before the end of the year, btc would hit above 50,000$, this is due to the fact that the mining machines are seeking more expenditure, also, only few coins are being released, meaning that there would be an increase in demand for btc thereby causing the prices to boost as well. I expect more wonders to occur as regards btc.

 

[Ralphjoe]

The rate at which Bitcoin is growing right now, I predicts that it will get to $50,000 before the end of the year 2021, although Bitcoin is currently having some price dip but I strongly believe that it will go higher like it did before.

 

[Emma Aneni]

That question is not for anyone to answer considering the present situation of bitcoin. Bitcoin was soaring higher in few days or months ago but suddenly not long ago it started experiencing a great decline which nobody can explain.

 

[Olaoluwa Abraham Abiodun]

With the rate at which trade has been for the past few weeks ago, I currently doubt it, but if it reaches 50000$ it will be of great benefit to me because I have a little bit of coin still left in the wallet hoping that it will rise sooner.

 

[Greatguy1]

Yes it would cross the mark before the end of this year. It just need to do a little over 30% of its current price and it definitely would before the end of this year. We are thinking it could double your target because more and more people willing to buy the cryptocurrency. The fundamentals look right and the future of it is bright.