2024 will determined bitcoin fate - page 3.

SamReomo

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Quote from: FiveG on July 02, 2023, 10:28:39 AM

Many expectations of bitcoin this year failed, but I notice that bitcoin always breakout into a new price after interval of five years, the last massive explosion of price was between 2017-2018 and since then, bitcoin has not record major price increase. Now if you calculate from 2018 to 2023 that's about 5 years though because of policy of economic inflation and influence the price has not gain its actual strength to break resistance limits and if the remaining quarter of the year fails even more, then we should expect 2024 to 🔥🔥🔥🔥🔥🔥 fire. We should start to make plans for 2024 more buys more gains.

Your information is totally wrong, the Bitcoin has got huge bull market in 2020-2021, and it reached its all time high during that time. No body expected high levels for Bitcoin this year because we all were already aware that Bitcoin will go high only after the 2024's halving event. We are still positive about it, and I can surely say that Bitcoin will cross its all time high once again in 2024-2025. Record my words that Bitcoin will cross its all time high in 2024-2025, and anyone who have invested in Bitcoin even this day will have more than 2x the amount of his/her investment.

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Quote from: dothebeats on July 30, 2023, 02:23:39 PM

I agree, I also just cash out small amounts when I need extra money. I treat BTC as if it is a last option for me to touch when other means to make and get money is not enough or readily available.

This is a healthy thinking. BTC is too rare to spend it. Who knows, maybe in a decade from now on, 1 satoshi would be equal with 1 dollar.

Quote from: dothebeats on July 30, 2023, 02:23:39 PM

So, I feel the same about not having any thoughts or plans on selling BTC even if it reach a new ATH. Of course it can't be the same for everyone, but as much as possible it is best to be smart about decisions like this and think of the long term effects.

I am always thinking thinking in advance. And I do the same regarding BTC. For example, I decided to buy for my son a small amount each year -- around 250$/year in BTC. Like a sort of pension. I was thinking to offer them the total stash, as a gift, when he'll turn 18 or 25. Better when he'll turn 25, as he'll me more mature then... At 18 he may simply cash it out and spend it immediately. In any case, this is a provision I am making for 3-4 years now and I am curious to see what BTC value will be when my son will be 18 years old.

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Quote from: GazetaBitcoin on July 30, 2023, 02:10:57 PM

As next halving gets closer more and more users are wondering about how BTC will react after this major even from its history.

I always believed that, on the long run, BTC will have an upside general movement. And as we get closer to halving its price also goes up. Let's remember than this year, on Jan 3rd, the price was ~15.000$ and now, for a while, it fluctuates around 30.000$, which is a double value. There are real chances for the price to get even higher as months will pass and, maybe, after halving we may see another ATH.

Obviously, this is not a financial advice, just a personal opinion. I, personally, am trying to hold as much BTC as I can and I only cash out small parts when I face situations which can't be solved by any other means. I never had the "weak hands" syndrome, to say so, so I am not afraid of it. Even if BTC will reach a new ATH I will still not be tempted to sell.

I agree, I also just cash out small amounts when I need extra money. I treat BTC as if it is a last option for me to touch when other means to make and get money is not enough or readily available. So, I feel the same about not having any thoughts or plans on selling BTC even if it reach a new ATH. Of course it can't be the same for everyone, but as much as possible it is best to be smart about decisions like this and think of the long term effects.

GazetaBitcoin

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As next halving gets closer more and more users are wondering about how BTC will react after this major even from its history.

I always believed that, on the long run, BTC will have an upside general movement. And as we get closer to halving its price also goes up. Let's remember than this year, on Jan 3rd, the price was ~15.000$ and now, for a while, it fluctuates around 30.000$, which is a double value. There are real chances for the price to get even higher as months will pass and, maybe, after halving we may see another ATH.

Obviously, this is not a financial advice, just a personal opinion. I, personally, am trying to hold as much BTC as I can and I only cash out small parts when I face situations which can't be solved by any other means. I never had the "weak hands" syndrome, to say so, so I am not afraid of it. Even if BTC will reach a new ATH I will still not be tempted to sell.

Blitzboy

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Quote from: bots1 on July 28, 2023, 02:20:46 AM

Predicting the future fate of Bitcoin is difficult and speculative. Even though Bitcoin has experienced significant price increases in the past, there is no guarantee that the trend will continue in the future. Therefore, it is important not to rely too much on overly optimistic expectations or to make investment plans based on uncertain predictions. It is best to have a well-thought-out strategy and invest wisely according to your goals and personal financial circumstances.

What it would be like to have a crystal ball is something I've often thought about. Sadly, most of us do not possess this psychic capacity. Predicting Bitcoin's future is therefore not a simple task.

Nevertheless, the inherent unpredictability of any financial market shouldn't come in the way of a nice crypto discussion, right? You're correct in saying that you shouldn't just blindly put your money into Bitcoin and hope for the best.

The "B" in Bitcoin doesn't stand for "Bank," by the way. It's still an asset class with high risk and big potential profit. You should do it. Make sure you're not staking everything on the toss of a coin.

Kaliandra

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Quote from: bots1 on July 28, 2023, 02:20:46 AM

Predicting the future fate of Bitcoin is difficult and speculative. Even though Bitcoin has experienced significant price increases in the past, there is no guarantee that the trend will continue in the future. Therefore, it is important not to rely too much on overly optimistic expectations or to make investment plans based on uncertain predictions. It is best to have a well-thought-out strategy and invest wisely according to your goals and personal financial circumstances.

I personally as a btc investor expect the price of btc to rise to more than $80k in the next bull market, but it's true what you say, that is our don't know what will happen in the future with bitcoin, so our really have to have a good strategy in investing because the price of btc is very difficult to predict its movements, I think if for example we already have a profit from our investment in btc it is better to just sell it than to lose.

Essential10

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Quote from: FiveG on July 02, 2023, 10:28:39 AM

Many expectations of bitcoin this year failed, but I notice that bitcoin always breakout into a new price after interval of five years, the last massive explosion of price was between 2017-2018 and since then, bitcoin has not record major price increase. Now if you calculate from 2018 to 2023 that's about 5 years though because of policy of economic inflation and influence the price has not gain its actual strength to break resistance limits and if the remaining quarter of the year fails even more, then we should expect 2024 to 🔥🔥🔥🔥🔥🔥 fire. We should start to make plans for 2024 more buys more gains.

No one can say out loud what shape Bitcoin's future will take. Analyzing the various surveys of the past year, what it will be like in 2024 can only be guessed but it is needless to say how accurate it will be. I would like to say something from my own opinion since Bitcoin halving is done every four years according to which Bitcoin halving is supposed to start in April 2024. In previous years, the price of Bitcoin decreased before the halving and the price of Bitcoin increased between the halvings. In that case, a Bitcoin price increase in 2024 is more likely, but I am not asserting that it will happen.

RiverBoy

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These forum has been helpful for many people including me, by have more knowledge about Bitcoin investment information, like wise Bitcoin halving counting down, that normal increase every 4years, because of the scarce of the Bitcoin in the cryptocurrency market where demand is very high that makes Bitcoin all time high. Hopefully by end of 2023 to 2024 Bitcoin price may increase as well all expected.

Abu-Naim

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Quote from: bots1 on July 28, 2023, 02:20:46 AM

Predicting the future fate of Bitcoin is difficult and speculative. Even though Bitcoin has experienced significant price increases in the past, there is no guarantee that the trend will continue in the future. Therefore, it is important not to rely too much on overly optimistic expectations or to make investment plans based on uncertain predictions. It is best to have a well-thought-out strategy and invest wisely according to your goals and personal financial circumstances.

This forum has been of help to my Bitcoin knowledge and understanding, but it sounds strange with your words that Bitcoin has no guarantee of the trend going as expected even though it has come this long with the same trend.

My believe is that Bitcoin is facing some downtrend but will recover soon; I don't know about the halving people are talking about so I can't join others to predict the price, but the future of Bitcoin is bright and straightforward.

Tony116

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Quote from: bots1 on July 28, 2023, 02:20:46 AM

Predicting the future fate of Bitcoin is difficult and speculative. Even though Bitcoin has experienced significant price increases in the past, there is no guarantee that the trend will continue in the future. Therefore, it is important not to rely too much on overly optimistic expectations or to make investment plans based on uncertain predictions. It is best to have a well-thought-out strategy and invest wisely according to your goals and personal financial circumstances.

You are right, although history has shown us there will be a bull market and bitcoin always generates ATH after each halving, that does not mean history will always repeat itself and it will for sure. There is nothing wrong with bitcoin investors who are expecting history to repeat itself to generate profits for them. But don't be too subjective or put all your faith and dream it will certainly not disappoint us. Everything has a risk and it can happen to us at any time, so always have a backup plan for the worst case scenario.

bitterguy28

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Quote from: FiveG on July 02, 2023, 10:28:39 AM

Many expectations of bitcoin this year failed, but I notice that bitcoin always breakout into a new price after interval of five years, the last massive explosion of price was between 2017-2018 and since then, bitcoin has not record major price increase. Now if you calculate from 2018 to 2023 that's about 5 years though because of policy of economic inflation and influence the price has not gain its actual strength to break resistance limits and if the remaining quarter of the year fails even more, then we should expect 2024 to 🔥🔥🔥🔥🔥🔥 fire. We should start to make plans for 2024 more buys more gains.

Extend at least mid of 2025 mate , for you not to feel the frustration and disappointment once the market not brings you what expected.
but from 2018 there is a growth last 2021 means that is 3-4 years and not that 5 years you are mentioning .
and also determining what would be the market fate is depending on what the investors support .
like us , we are small investors but our contribution will be big enough to make this market move a little each time.

bots1

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Predicting the future fate of Bitcoin is difficult and speculative. Even though Bitcoin has experienced significant price increases in the past, there is no guarantee that the trend will continue in the future. Therefore, it is important not to rely too much on overly optimistic expectations or to make investment plans based on uncertain predictions. It is best to have a well-thought-out strategy and invest wisely according to your goals and personal financial circumstances.

suzanne5223

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Quote from: BlackBoss_ on July 03, 2023, 07:49:22 PM

Quote from: suzanne5223 on July 03, 2023, 07:07:20 PM

None of the expectations of Bitcoin this year failed if you noticed and judged based on the time when the bullish market started which happened early and last than the previous market. Therefore, the BTC market breakout now because of the previous bullish trend, and the FUD in the market.

This 2023 market is like 2019 market. Both years are in a last year of bear market and they are both preparation for coming halvings one year later. Bitcoin broke out from $30,000 and is bullish now but I will not trade it at this moment. Because after the break out, it can rise a lot to $40,000 or $45,000. Trading it now is risky and if I sell it, it rises more, I will lose my bitcoin, can not buy it back with same amount.

I am holding my bitcoin now, hold very tightly, more tightly than recent weeks.

Agreed about the market trend but some crypto investors seem to focus more on the season when the market is doing well than the season when it is bearish.
Although I am not a crypto trader but as you said crypto trading is risky and it is better to go for long. For holders selling now is not a good idea and that's why I look for an alternative instead of selling my BTC now.

dansus021

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The end of 2024 maybe we can see the bull run happen maybe start from November to December 5-6 month after halving mini bull run will occur.

The only different between 2021 ATH and 2017 ATH is the percentage from the previous ath occurred at 2017 the bitcoin only up around 200% tho it still crazy number

Aanuoluwatofunmi

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Quote from: FiveG on July 02, 2023, 10:28:39 AM

Many expectations of bitcoin this year failed, but I notice that bitcoin always breakout into a new price after interval of five years, the last massive explosion of price was between 2017-2018 and since then, bitcoin has not record major price increase.

Halving occurs every four years and not five and thisark the beginning of the incidence to bitcoin bullrun during the period, the last one was 2020 and next year 2024 will be the next Halving we will be having, bitcoin market will be highly volatile during this time and there will be a formation of a new all time high for the market price, but before then, we are aiming at arriving at the last all time high of $68,000 from 2020 Halving, once we get there, things continue to unfolds more better till we get to where the new all time high is taking us to during next halving.

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Quote from: FiveG on July 02, 2023, 10:28:39 AM

Many expectations of bitcoin this year failed, but I notice that bitcoin always breakout into a new price after interval of five years, the last massive explosion of price was between 2017-2018 and since then, bitcoin has not record major price increase. Now if you calculate from 2018 to 2023 that's about 5 years though because of policy of economic inflation and influence the price has not gain its actual strength to break resistance limits and if the remaining quarter of the year fails even more, then we should expect 2024 to 🔥🔥🔥🔥🔥🔥 fire. We should start to make plans for 2024 more buys more gains.

You expect so much that's why you failed , imagine expecting good in 2023 when this supposed to be a semi bear year?
The halving is coming in 2024 meaning that it will take effect in 2025 at least.
So the cycle is not correct from your understanding.

hasitha lakshan

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📊 Market Analysis - July 2, 2023

Bitcoin is spending the weekend in a sideways movement, gathering strength for a new push above $31,000. As I mentioned before, we are in an upward trend, so I anticipate the potential for new local highs in the medium term.

On the news front, the situation remains unchanged, with positive developments such as the launch of ETFs and crypto custodian services by major companies managing significant sums of money.

Today, our long-awaited meeting in Dubai will take place. We will discuss the current situation with colleagues and explore projects that have the potential for the highest returns.

👉 I will provide you with an update after the meeting. Stay tuned!

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Quote from: suzanne5223 on July 03, 2023, 07:07:20 PM

None of the expectations of Bitcoin this year failed if you noticed and judged based on the time when the bullish market started which happened early and last than the previous market. Therefore, the BTC market breakout now because of the previous bullish trend, and the FUD in the market.

This 2023 market is like 2019 market. Both years are in a last year of bear market and they are both preparation for coming halvings one year later. Bitcoin broke out from $30,000 and is bullish now but I will not trade it at this moment. Because after the break out, it can rise a lot to $40,000 or $45,000. Trading it now is risky and if I sell it, it rises more, I will lose my bitcoin, can not buy it back with same amount.

I am holding my bitcoin now, hold very tightly, more tightly than recent weeks.

Quote

Moreover, the market trend shouldn't be expected to be totally intact with the previous market since the crypto market is a volatile market.

It is a very volatile market and even in bullish trend, you can lose your money too. If you use leverage, futures trading, you can have more risk to lose.

EluguHcman

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I do not know much about this update but I think you're
only assuming so please don't make it a threat to the people out there.

Btc happens to be a market of it's own just as our normal shopping, market places out there where price of goods rises and falls and there's said to be always people in and out there benefiting of the trading regulatory system on the Price levels so therefore, this is applicable to the Btc. There shouldn't be any tension of determining the fate of the Btc at any due time.

suzanne5223

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Quote from: FiveG on July 02, 2023, 10:28:39 AM

Many expectations of bitcoin this year failed, but I notice that bitcoin always breakout into a new price after interval of five years, the last massive explosion of price was between 2017-2018 and since then, bitcoin has not record major price increase. Now if you calculate from 2018 to 2023 that's about 5 years though because of policy of economic inflation and influence the price has not gain its actual strength to break resistance limits and if the remaining quarter of the year fails even more, then we should expect 2024 to 🔥🔥🔥🔥🔥🔥 fire. We should start to make plans for 2024 more buys more gains.

None of the expectations of Bitcoin this year failed if you noticed and judged based on the time when the bullish market started which happened early and last than the previous market. Therefore, the BTC market breakout now because of the previous bullish trend, and the FUD in the market.
Moreover, the market trend shouldn't be expected to be totally intact with the previous market since the crypto market is a volatile market.

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