Topic: 2024 price prediction - page 2. (Read 1222 times)

Opinions among forum participants regarding Bitcoin's price movement this year are, as always, varied, although generally optimistic as its price has risen since October, when the price was at $26,000 and reached the current $72,869. The current price situation is unusual due to the approval of Bitcoin ETFs and the continued demand for them. It is this demand that will determine further prices in the cryptocurrency market. Spot Ethereum ETFs may also be accepted in May. If this happens, prices will continue to rise. But logic dictates that there will be no strong increase in the price of Bitcoin before the end of the year. Only from the end of the year and next year the influence of the April halving should already be felt.

Seriously, like I actually had to make it bold, I never expected to see a comment like this, How do you mean they won't be much benefits from investing, I thought the best time to invest is actually the bear cause you get to bug at more cheaper amount and how woudl you get 2x or 4x on your investment if your not buying low, but whatever your so wrong bitcoin is doing well and have given a lot of people double yo triple their investment and that's good profits and from the looks of it we are not over yet, although I'm speculating a consolidation soon, maybe back to 59k or maybe around that range before the halving or after, I just felt bitcojns need a little rest before continuing the journey.


High gas fees shouldn't affect anyone that really wants to invest or hold all you have to do is buy bitcoin in your exchange and accumulate until its up to 100$ and above then move at once to your storage wallet ghats if YOUR DCAing but if your a regular lumpsum or dip buyer then that shouldn't be a problem either unless your buying such a small amount of bitcoin.

With the achievement just yesterday, where the 2021 ATH has been exceeded, and it must be remembered that the halving period has not yet occurred. Of course, this is the season that investors have been waiting for, and you are right in saying that, because the investments that have been made will produce huge profits.

I think that before entering the halving period, which still has 37 days remaining, there will be a surprise that Bitcoin can do. $75K might be able to do it.
It is clear that by the end of the year the growing predictions will be able to reach $100K or maybe more, so that entering 2025 will be able to create new surprises.

Those who are hodling have every chance of getting rich like you said but it all depends on what that individual in question is doing like does the person have something to keep him covered for a long period of time before selling? While hodling it takes a lot of patience not to sell, although is not everyone who think of selling and with the current price of Bitcoin $69k I feel that those who have started hodling a long time ago will profit a lot since we're getting close to the halving period.

The season investors have been waiting for has come and many crypto investors are making money from their investment because the price is still increasing to break record in this year 2024 that will make investors to live to remember the good results they achieve from this season.

We have seen above $68k in this month of march which there is still hope that investors will see more than that before the end of 2024 because, a lot of things have happened for the favour of BTC and crypto price to continue increasing for investors to be expecting $100k before the end of this year.

Bitcoin price still potential increasing few days later and not good ideas try to sell right now although success raise over $66k, if you can't hold you won't be rich and its the right quote from former Binance CEO looking with bitcoin potential hit more higher price when getting closer with halving.
I don't see has any possibilities when selling bitcoin right now current price over $66k has chance to buy back under $60k or more dropping until $50k because bitcoin will hit over higher price.
Hold awhile until two or three weeks later before halving time, if you want earn much profitable don't make your self want to sell with not really bigger profitable current bitcoin price today.

For those who think that bitcoin has gone too high too fast and needs a correction, they must know that "This Time Is different" and this difference is due to the ETF demand and believe me no indicators would work in from the institution's demand for bitcoin.

I would suggest everyone to forget about the past bitcoin cycles, and forget about the Bitcoin dumps as if you sell your Bitcoin now, you may never be able to get back in. I think we are not going to see a big dump the price will keep on pumping I don't know till when. Also, the is not the pre-halving pump and post-halving bull run hasn't started yet (they why we see the altcoins hasn't been [performing as the bitcoin). This is pure ETF demand and those who are buying, they have no intentions to sell or make short term profits. All the previous theories and technical indicators will fail in front of the ETF demand.

I missed this thread before and didn't have a chance to vote but if it is reopened now, I'm sure that not only me but the majority of people will choose that we will have a new ATH this year. But the question, whether we will be dumped before the end of the year, then I don't rule out that possibility. I mean bitcoin could make a new ATH and after the halving there will be a dump but it won't be too big, and the aim is to cause panic and make people sell their bitcoins. But then things will soon get back on track and we enter a real bull cycle.

If you are asking about selling, I still see a very good price increase in Bitcoin right now, so I don't think selling now is the best option to do. Because as long as you can still get Bitcoin and sell at a higher price than now or at the new ATH price, of course what you have to do now is wait again and hold on to Bitcoin. Currently Bitcoin is at a price of over $66K which is close enough to $70K so I have the thought that holding Bitcoin would be the best option rather than selling it now.

Good time to unlock the thread with the developments observed YTD, multiple reasons some obvious or not.   Price moved significantly, the chart is a NASA rocket launch looks to me  

2nd reason we had some time to digest year start, apparently it was good fuel for this rise now which I believe is not to falter especially.

3rd reason personally at the end of Tax year as we approach in days now I tend to think it changes the mood of BTC.    Some people may sell some BTC to realize gains, file that against current year taxes perhaps.  Its just a guess by me but I usually expect some extra orders to sell to filter through from holders chipping off BTC.


Another 3% today, I was going to assume that flag formation we had on daily bars was positive resolution and it appears to be true so far.   Does anyone want to change their vote going on this extra positive BTC price action we've had ?   People were already looking upwards, I only guessed in region of ATH or actually below that in December, do we sell off before year end now or not.

Poll results are quite top heavy with only about 6% of people voting to estimate we end 2024 with a lower price then currently.  So generally we think BTC is of a good value to buy at present and its just a case of enough people buying to push up the pricing.
  My current take on price action is indecisive with less ammunition for this thread so at midnight gmt I will lock this thread as some time capsule of sentiment &  we can then comment later and capture the mood after any further progression in BTC price action.
  We seem to be oscillating back and forth at present, not giving us really any further info to the end year pricing.  I do think this hold pattern equates to bullish accumulation rather then a negative but definitely we can trade downwards, that would be the more interesting course to take perhaps BTC can be even stronger after some fire and hammer blows in the forge , rather then straight up.

Thanks to all who voted, stated their best guess 

I don't think we have a specific year of investing and come to think of it, do you think with the dullness of Bitcoin price since the end part of last year till this very moment that there would be benefits and much investment?
I feel investment are going to be put on hold if not slow because is like the more you invest you lose more than what you're expecting. This year's halving might be the major cause of all these, I don't see much people investing, until this problem (high fee especially) is fixed that's when we'd see much investment and profit, this year might have a poor BTC amount.

Bitcoin Halving in 2024 It is normal for Bitcoin price to remain under control this year. Bitcoin price will not increase much in the halving year as we have learned from past halvings, the highest increase in the year after the halving. That's why this year 2024 is the year of investment, the more you invest, the more benefits you will get.

So if we're to expect the amount to be above $68k then why is it difficult for it to go past $40-45k? I don't even think it can make it past $68k only if we get a positive start. Honestly the price movement is not convincing at all and if I'm to bring this up, whenever the price is high we see the fee as high as it can get, isn't that going to be a problem for both investors and traders? Is like we shouldn't hope to see the price of Bitcoin get to that $68k or the suppose $100k because is causing business to be unhealthy.

I officially couldn't decide on which to vote, we didnt especially elect a direction in the BTC price action.  Its still wavering today and cant be sure, however I would assume positive action and I believe 2024 is a positive year for BTC.  I voted just below the ATH as a range which is far too conservative an estimate by many peoples reckonings it looks like.

   The last moment idea I had to put in 100k+ was very popular and people really think this year is the sling shot year where we attempt to enter orbit and break free of all this negativity.   But we had like 15k trades on BTC in  almost a year ago, wouldnt going from 15k to 115k make BTC dangerously volatile I reckon it takes some more time and if we do thats actually a greater positive to allow the market more time to adjust.  Its not just the price but the capitalization of BTC vs other secure assets which trade globally in exchange for trade etc.  its all a competition.


The year was overall actually mostly positive, the spike down in covid news was still above the low of the last year.   That point is important for future direction that the worst moment is still an improvement counts as a good clue.

I think it didn't really drop in 2020, it had a dropped period, but it wasn't all down. Sure it had a small drop period, but the year started with 8 thousand, and went over the previous ATH (of 2017) and went to as high as 24k during that year, so that's when we broke the ATH price. By logic, if that still happens this year, we may see a little drop, but also we could see above 68k by the end of the year, maybe even more.

This is why it is quite important to know what you are doing and how you could profit from it. I get that it feels like sometimes it is not really all that easy to handle, but it is quite important to realize that you could make some money from it, there is really nothing that would stop it from going higher and higher this year.

No doubt, Bitcoin will pump in the future and we will see significant growth in the market, this is also what has been keeping so many investors going, if not, a lot of people would have turned their back on Bitcoin. I think the halving has done so much for the coin than people are talking about, the halving has been the hope rekindler for it, if not, it might have been terribly affected. Imagine how Bitcoin had performed at times when it would be almost dead, but in a fast twist of the event, it would bounced back and will continue to rise significantly to the extent that it would move in multiples of the price at that time. This often happens when halving is near, it knows how to bring the FOMO back to the market.

This is expected again this time, but before this happens, a whole lot that was not foreseen could happen as well, which is why we have to know the best place to liquidate if possible or continue to buy the coin. As for me, the asset will close above the current ATH in 2024, so it will be appropriate to buy it anywhere from now, only that the investor might want to DCA if he is afraid, and this is for obvious reasons as no one will certainly know where the coin will hit before halving. However, if you know how to read the market chart so well, you can continue to buy to bullish detection.

I know the hype of Bitcoin ETF is everywhere dude and everyone expected a huge jump after the news is released but it turned out nothing happened to the price instead it went down  what a twist.
But you know big companies like Grayscale, Templeton and Blakcrock has huge money to pump and dump the price so yeah they can playing with the price.


I know right with ETF approved is just a bonus and I do believe the bitcoin can still manage to pump by the end of this year.

Talking about the past halving how the price of Bitcoin dropped in 2020 and got up in 2021, what if we have something different where the price goes higher than we expected in this 2024 and start dropping by next year 2025? To me I feel we might be having a reverse in the movement of Bitcoin price because the price started dropping since last year (December) and is still not stable at the moment.
Today you'd see it at $43k in less than 30mins it goes up or down and it got me thinking, why is that happening? And I feel this is just the perfect movement it needs to start going up and with time it would go beyond $50k.

Almost all of the predictions lead to an increase exceeding the ATH made previously. Of course, this is something that has great potential if it is true, because it is possible that the renewable ATH could lead to a significant and not impossible number of times.Of course, there is the opportunity to immediately buy it again and hold it until 2025.

It cannot be denied that ETFs will indeed provide an alternative and, of course, encourage an increase in Bitcoin itself, even though initially there was a correction, but only because of a momentary panic, and now it has recovered.