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Topic: 2024 price prediction - page 3. (Read 1400 times)

member
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February 04, 2024, 04:42:19 AM
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.
sr. member
Activity: 756
Merit: 454
February 04, 2024, 04:25:57 AM
#99
Bitcoin is sure to see a huge pump, as you can certainly guess the schedule if you look at past Bitcoin halvings. The last bitcoin halving was in 2020, the price of bitcoin fell in 2020 creating opportunities for investors, and in 2021 bitcoin rose to a peak of 69k. And we can follow the same principle in 2024, 2025 Bitcoin price will increase at the highest speed. But here we can predict Bitcoin Price 2024 Bitcoin price can definitely go upto 50k.
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.
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.

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.
STT
legendary
Activity: 4088
Merit: 1452
February 02, 2024, 09:57:41 AM
#98
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.

Quote
I think it didn't really drop in 2020, it had a dropped period, but it wasn't all down.

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.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
February 01, 2024, 01:30:25 AM
#97
Bitcoin is sure to see a huge pump, as you can certainly guess the schedule if you look at past Bitcoin halvings. The last bitcoin halving was in 2020, the price of bitcoin fell in 2020 creating opportunities for investors, and in 2021 bitcoin rose to a peak of 69k. And we can follow the same principle in 2024, 2025 Bitcoin price will increase at the highest speed. But here we can predict Bitcoin Price 2024 Bitcoin price can definitely go upto 50k.
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.
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.
hero member
Activity: 826
Merit: 641
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February 01, 2024, 12:24:07 AM
#96
For the most part we are right that bitcoin is a risky currency as I believe that after bitcoin Halves when the market is going down it will definitely go higher. A good opportunity for investors to hold bitcoin is if the currency's value falls. Bitcoin is acting as a growth tool in the crypto market and we will see a huge pump of bitcoin in the future.
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.
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
January 31, 2024, 08:43:56 PM
#95
that is a good twist , I am suspecting that these big companies are playing with us and I think there are more to come in our way because of these circumstances .

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  Wink 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.

there are so much expectation about ETF bringing to the Bitcoin but we have seen so much increasing in bitcoin even without this scenario so we can still have our days with or without the help of big boys from ETF.

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.
sr. member
Activity: 756
Merit: 454
January 31, 2024, 07:25:25 AM
#94
Bitcoin is sure to see a huge pump, as you can certainly guess the schedule if you look at past Bitcoin halvings. The last bitcoin halving was in 2020, the price of bitcoin fell in 2020 creating opportunities for investors, and in 2021 bitcoin rose to a peak of 69k. And we can follow the same principle in 2024, 2025 Bitcoin price will increase at the highest speed. But here we can predict Bitcoin Price 2024 Bitcoin price can definitely go upto 50k.


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.
full member
Activity: 2268
Merit: 121
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January 30, 2024, 11:27:09 AM
#93
As per the vote, most members think it will be above $70k, and that means who are going to at least double the price that we currently have. And realistically it's possible, just like in the last bull run, we went as high as $59k if my memory serves me right with the whole Elon Musk manipulation.

So we will see, we have one source to begin with, which is the Bitcoin ETF that could really bring a lot of money in the market.

Not just money but institutional, so it's going to be very huge in my opinion.
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.
full member
Activity: 476
Merit: 141
January 27, 2024, 10:34:26 PM
#92
For the most part we are right that bitcoin is a risky currency as I believe that after bitcoin Halves when the market is going down it will definitely go higher. A good opportunity for investors to hold bitcoin is if the currency's value falls. Bitcoin is acting as a growth tool in the crypto market and we will see a huge pump of bitcoin in the future.

Bitcoin is sure to see a huge pump, as you can certainly guess the schedule if you look at past Bitcoin halvings. The last bitcoin halving was in 2020, the price of bitcoin fell in 2020 creating opportunities for investors, and in 2021 bitcoin rose to a peak of 69k. And we can follow the same principle in 2024, 2025 Bitcoin price will increase at the highest speed. But here we can predict Bitcoin Price 2024 Bitcoin price can definitely go upto 50k.
full member
Activity: 2268
Merit: 121
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
January 27, 2024, 04:26:04 PM
#91
For the most part we are right that bitcoin is a risky currency as I believe that after bitcoin Halves when the market is going down it will definitely go higher. A good opportunity for investors to hold bitcoin is if the currency's value falls. Bitcoin is acting as a growth tool in the crypto market and we will see a huge pump of bitcoin in the future.
Everyone certainly knows that Bitcoin is indeed the best, but we don't ignore the many altcoins that have potential and have been able to provide profits for those who hold them.
Looking for investments other than Bitcoin is certainly not wrong as long as you do it well, and altcoins such as ETH, BNB, SOL, and ADA can also be profitable.Still, the main thing is bitcoin, and I agree. Hold it until the time comes to increase, then let go.
sr. member
Activity: 2618
Merit: 439
January 27, 2024, 01:46:50 AM
#90
There will always be many possibilities, and Bitcoin always makes sure that habits that have been done will be repeated again, as well as improvements that will be repeated before forming a renewable ATH.But regarding ETF, I read from a capital market analyst that this will have a big impact on the movement of bitcoin, and he estimates that it is not impossible that bitcoin will be able to reach $150K to form a renewable ATH. Will it happen?But if you look at the previous ATH, of course there is no need to doubt this, and I also believe that we are waiting for the end of this year to reach Bitcoin to be able to push towards achieving a renewable ATH in 2025.

I would say that ETF is at a neutral pace currently it is because Grayscale decided to dump Bitcoin a lot but the others etf like BlackRock are buying a lot. and after the news, it seems there is not much big impact on the price as well.
that is a good twist , I am suspecting that these big companies are playing with us and I think there are more to come in our way because of these circumstances .

Quote
With or without the ETF Bitcoin might can still manage to create a new All Time High maybe at the end of this year we are gonna see the price at the previous ATH but 150K with etf is very much possible
Exactly as there are so much expectation about ETF bringing to the Bitcoin but we have seen so much increasing in bitcoin even without this scenario so we can still have our days with or without the help of big boys from ETF.
full member
Activity: 2548
Merit: 217
January 26, 2024, 09:13:29 PM
#89

Poll rules,   votes alterable now & for 31 days then no more votes or changes.   Feel free to take January entire as as a bellwether for the rest of the year, December 2024 is the predictive BTC price in question
Votes are showing how confident and positive our community here as the votes stands Either 100k and the winning votes so far is above 70k means bullish market is expected this 2024(but others said it will be 2025)
Quote

Heres a longer term weekly candles graph.   Fibonacci and 200 week in yellow and 50 week in blue.  I will only especially comment later in the month & on the MA later; monthly bars might be better over 5 years but I think people prefer weekly as more relatable.
Waiting for your analyzation and speculation before the poll ends so maybe this will add flavor to those planning to either buy more or sell then,.
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
January 26, 2024, 08:49:57 PM
#88
There will always be many possibilities, and Bitcoin always makes sure that habits that have been done will be repeated again, as well as improvements that will be repeated before forming a renewable ATH.But regarding ETF, I read from a capital market analyst that this will have a big impact on the movement of bitcoin, and he estimates that it is not impossible that bitcoin will be able to reach $150K to form a renewable ATH. Will it happen?But if you look at the previous ATH, of course there is no need to doubt this, and I also believe that we are waiting for the end of this year to reach Bitcoin to be able to push towards achieving a renewable ATH in 2025.

I would say that ETF is at a neutral pace currently it is because Grayscale decided to dump Bitcoin a lot but the others etf like BlackRock are buying a lot. and after the news, it seems there is not much big impact on the price as well.

With or without the ETF Bitcoin might can still manage to create a new All Time High maybe at the end of this year we are gonna see the price at the previous ATH but 150K with etf is very much possible
sr. member
Activity: 364
Merit: 195
Buy on Amazon with Crypto
January 26, 2024, 06:19:08 PM
#87
2023 was a Consolidation year in the best possible way we arrested the decline and rose well.   Positive to end the year we had alot of up and down along the way and a few doubts imo.   I think it was a good year to buy on but we only recognized this as more obvious coming into December.   30k was only definitively defeated at Nov start tbh.
  My Poll question is quite simple how do we develop in 2024, explosively upwards perhaps, a more sedate incline like this year, flat or is it all negative from this high point; a repeat of 2021 high tide mark going into 2024 is of course possible.


Poll rules,   votes alterable now & for 31 days then no more votes or changes.   Feel free to take January entire as as a bellwether for the rest of the year, December 2024 is the predictive BTC price in question



Heres a longer term weekly candles graph.   Fibonacci and 200 week in yellow and 50 week in blue.  I will only especially comment later in the month & on the MA later; monthly bars might be better over 5 years but I think people prefer weekly as more relatable.
We have passed the year 2023 in a fairly good position. By 2024, Bitcoin ETF were approved and the Bitcoin market boomed. After the Bitcoin ETF was approved, the Bitcoin market moved to $48,969. From $48,969, the Bitcoin market slowly moved back to $38,555. Currently, the Bitcoin market has recovered somewhat. But all in all if I predict the Bitcoin market in 2024 then I can say that Bitcoin can stay between $50,000 and $59,000. Then maybe in 2025 the Bitcoin market may create new ATH. Forecasting though based on a guess I made my guess without knowing if my guess would be correct
sr. member
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Merit: 342
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January 26, 2024, 05:01:42 PM
#86
It is difficult to make predictions in bitcoin, because this year we have had a lot of action, at the beginning of January we saw that the price was Expected to be something big, because we believed that the approval of the ETFs was Something that we were going to see Bitcoin in more of $100k , I'm still waiting for it, but there are many factors that we are looking at, that's why when we see the most viable things, it can be Predicted that we are being very effusive about what would happen, the opposite of what we expect always happens. Everyone searches and believes, that's why when we are making any movement we have to consider whatever it takes to be able to be well and work, I think that this year it will reach $100k, but it won't be all at once, I think it will be after Halving.

At Halving things can be very different, because it can rise, but not all at once, like last time because after Halving we had that good rebound that Reached almost 70 thousand dollars, It may be Repeated, it is within the Possibilities.
STT
legendary
Activity: 4088
Merit: 1452
January 26, 2024, 02:04:42 PM
#85
Iam almost at the point of failing to vote in my own poll, closes on Monday.  This is with good reason, I would much prefer we close above 43k to call us in recovery not just a blip up in a relief rally from out running a short term downtrend.   We can still hit our head again while standing up and lose our positive action seen today, I hope to form a better opinion not just guess so much but I know roughly where my opinion is for the year overall just as '23 I figured would be a year of base forming.
  I'll vote now and if I have to change I can, just in case I forget later and it closes that'd be tragic for me :p
sr. member
Activity: 1456
Merit: 326
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January 26, 2024, 11:24:00 AM
#84
if you don't know that BTC investment is a risk, you better know it now that BTC investment or hodling is a risk but the moment you embrace the risk and invest that money on BTC and hodl it for long periods of time before you can sell, then you will know that BTC investment is the best risk you can take to increase your wealth in the future.

If you can be able to settle down and buy BTC in this bear season, you will surely see the growth of BTC in your hodling because the price will reach $69k before the end of december 2024 for investors to grow their profits.

Every business is full of risk but we should not run away from risk but should work to tolerate and overcome this risk. Bitcoin investment is more risky in past but now the risk is little bit reduces may be the reason is trust of people in bitcoin.

Bitcoin price is now 41k$ which means that again it is increasing as previously it went down to 39k$ but now people have firm believe that every dump is an opportunity and every dump is temporary.

In the year of 2024 it is possible that bitcoin will get the value of 70k$ because every year we have experienced more increase in Bitcoins value and success. I think this risk should be taken by all holders because there is no better coin than bitcoin and there is no more stronger coin in whole crypto industry which become more successful than bitcoin.
full member
Activity: 1358
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January 26, 2024, 10:48:04 AM
#83
Quote from: Volimack
For the most part we are right that bitcoin is a risky currency as I believe that after bitcoin Halves when the market is going down it will definitely go higher. A good opportunity for investors to hold bitcoin is if the currency's value falls. Bitcoin is acting as a growth tool in the crypto market and we will see a huge pump of bitcoin in the future.
if you don't know that BTC investment is a risk, you better know it now that BTC investment or hodling is a risk but the moment you embrace the risk and invest that money on BTC and hodl it for long periods of time before you can sell, then you will know that BTC investment is the best risk you can take to increase your wealth in the future.

If you can be able to settle down and buy BTC in this bear season, you will surely see the growth of BTC in your hodling because the price will reach $69k before the end of december 2024 for investors to grow their profits.
legendary
Activity: 1288
Merit: 1081
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January 23, 2024, 08:30:53 AM
#82

  My Poll question is quite simple how do we develop in 2024, explosively upwards perhaps, a more sedate incline like this year, flat or is it all negative from this high point; a repeat of 2021 high tide mark going into 2024 is of course possible.



Seeing 19k in your poll and the possibility of 2021 decline happening gives a reassurance that anything is possible in the cryptocurrency market. I was so baised when I thought that after ETF approval, everything will be greenish untill the bull run. But just see the reality that things are falling apart already in the market. It seems that we need to prepare for the worse this that the market is bleeding, it might continue in this downward trend for a longer time thereby pulling everyone from the bullish to the bearish phase

For the most part we are right that bitcoin is a risky currency as I believe that after bitcoin Halves when the market is going down it will definitely go higher. A good opportunity for investors to hold bitcoin is if the currency's value falls. Bitcoin is acting as a growth tool in the crypto market and we will see a huge pump of bitcoin in the future.
Realising that bitcoin is a risky currency as you said is one of the safest things that everyone should know. No matter promise of good return in the future, you could also be ruined on the short run if you do not make decent calculations on your Bitcoin holdings. I think I have make some terrible mistakes about my buying and selling .
member
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January 23, 2024, 07:49:11 AM
#81
For the most part we are right that bitcoin is a risky currency as I believe that after bitcoin Halves when the market is going down it will definitely go higher. A good opportunity for investors to hold bitcoin is if the currency's value falls. Bitcoin is acting as a growth tool in the crypto market and we will see a huge pump of bitcoin in the future.
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