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.
Basically the price of Bitcoin has been hovering around a flat spot this year. However, most investors predict that the Bitcoin market will pump again in 2024. It is hard to say how accurate this may be, but it is certain that the Bitcoin market will again set new records from previous positions. Right now the Bitcoin market in 2023 looks like it could turn into a bull market in 2024. We have seen the Bitcoin market hit its record high in 2021 which is the highest high hit in history. But people have made many prophecies and they have already revealed their plans to us. Bitcoin market halving could happen in 2024/25 and this will make another new history for Bitcoin. And everyone expects Bitcoin to hit the highs. 
Topic: 2024 will determined bitcoin fate - page 5. (Read 1073 times)
many people predict and believe that 2024 is the year where the bullrun will occur and the price of Bitcoin can increase very high, because 2024 is the year for Bitcoin halving, so many investors believe that bullrun will definitely occur in 2024, therefore I also started doing DCA Bitcoin at this time, because when the bullrun does occur in 2024, then I will definitely get a big profit.
Many whales know that but do you believe the next bullrun will come in 2024 ?? I don't think so, i thought many people in the world and whales will doing same as your startegy but whales is smart they can switch bullrun to 2025 and manipulate market to make it fear and got profit from them especially Big Investor blackrock has joined crypto market and they have startegy too for conquer of market crypto. Honestly i doubt bullrun will come in 2024 
many people predict and believe that 2024 is the year where the bullrun will occur and the price of Bitcoin can increase very high, because 2024 is the year for Bitcoin halving, so many investors believe that bullrun will definitely occur in 2024, therefore I also started doing DCA Bitcoin at this time, because when the bullrun does occur in 2024, then I will definitely get a big profit.
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.
You just need patience and strength if you're still holding it. Make sure your grip is strong so it doesn't come off easily when there is a shock.Who knows the big increase that is expected will not occur in 2024 which will make us have to be patient again for another year (2025).
Improvements always occur but not on a large scale. The effect of the highest price that occurs can be one of the causes for new people to have high hopes after the historic achievement occurred so that when the current price situation makes him think Bitcoin failed to meet expectations.
But many people are expecting 2034/2025 to be great and expecting all-time-high because of bitcoin halving. Psychologically, people think bitcoin price will increase after halving.
We have seen Bitcoins follow 4 year cycle to reach new all time high price. So yes for that reason people are assuming late 2023 and 2024 will be big for the coins. I have also witnessed Bitcoins falling bad in 2020 and breaking records by touching 69k usd price in 2021. So yes, unlike the others, I also have faith in Bitcoins, and like always it won’t disappoint us. Regarding Bitcoin’s fate, then people will still trade it, if it doesn’t cross 50k usd by the end of 2024. So let’s hope for the best.
2012 btc halving
price = $182
after a year = $510
2016 btc halving
price = $661
after a year = $2,600
2020 btc halving
price = $8,600
after a year = $58,000
2024 will be the next halving..
So in regards to the analysis you just gave above, I will like to elaborate more in the percentage format trying to see how much percentage did the value of Bitcoin went the next year after halving which will give us a clue what to expect after next year's halving as I will be presenting it as follows.price = $182
after a year = $510
2016 btc halving
price = $661
after a year = $2,600
2020 btc halving
price = $8,600
after a year = $58,000
2024 will be the next halving..
2012 btc halving price = $182
After a year = $510 (which was almost 300% increase)
2016 btc halving price = $661
After a year = $2,600 (which was also another 400% increase)
2020 btc halving price = $8,600
After a year = $58,000 (which was almost 700% increase)
So if come next year 2024 lets assume if the price of Bitcoin still remains $30k per BTC, a year later the value is likely to go almost 300% to 400% increase, if not 700% increase. (i.e roughly from $90k per BTC to $200k per BTC)
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.
I've read numerous reviews from people claiming to be able to predict the Bitcoin price, but the market is unstable and constantly fluctuates due to a variety of factors, including trends and other social influences. I can still clearly remember that in 2015, nobody anticipated that Bitcoin would eventually reach a price of $60,000. Even with technical analysis, predicting the future of Bitcoin is not a sure thing at all and all some people do is predict with the help of historical data. am very sure when the bull run starts it is going to be a hit am very sure of that. Using old data to predict what will happen is not for Bitcoin at all.
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.
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Although most people think that OP wrote something wrong when referring to 2017/18 as the time when the last major price change occurred, if we take into account that at the beginning of 2017 the price of BTC was only $1000, then the increase from even x20 to the end of that year is by no means comparable to what happened in the period 2020/21 when the price increase was only x3.5 since the last ATH. Realistically, from the perspective of many small investors, we cannot say that they are wrong, at least as far as profiting from such events are concerned, regardless of whether it is a period of 4 or 5 years.
As for 2024 as the year I don't think it should be given any special significance when it comes to Bitcoin, but the whole obsession with halving and the possible big bull run in the period after that is just a logical continuation of the game in which everyone wants to ensure the best possible position.
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.
Just chill, there's the 4 year cycle and that's why after the bull run that we've experienced in 2021, we're heading to the next 2 years which is likely where the bull run is about to come. We should start to make plans for 2024 more buys more gains.
I've got plans already for that year and that's just to chill and accumulate while I can. Halving is gonna happen by that year and we all know the effects and impacts of it.The majority has already got that thinking that the bull run is inevitable for the upcoming years to come and so if you're having no plans yet, you should do now.
I don't think it's right for you to say that this year's bitcoin hopes are doomed because as you know this year is not over yet.
and it looks like you forgot about 2021 when the btc price was skyrocketing, i.e. around $66900
yes, I think this year is the right moment to buy as much btc so we can make big profits, and get ready for the next BUL RUN.
but for people who have experience in the field of btc, of course they won't be surprised by what is happening to the current market and you need to know that btc has a fluctuating nature.
and it looks like you forgot about 2021 when the btc price was skyrocketing, i.e. around $66900
yes, I think this year is the right moment to buy as much btc so we can make big profits, and get ready for the next BUL RUN.
but for people who have experience in the field of btc, of course they won't be surprised by what is happening to the current market and you need to know that btc has a fluctuating nature.
. Bitcoin is the only existing decentralized money and it is working fine as that.
This is why my mind is on the year 2025, because I believe that's when BTc will make a new all time high again, but still I have a very disciplined mind here, we can be expecting a price surge in November 2023 and another big pump happen, many people who aren't disciplined enough will probably lose the zeal to carry on.
Either ways, it will still favor someone like myself because I see every Bitcoin movement, either up or down as an opportunity, it's going to be a good future I believe.
Either ways, it will still favor someone like myself because I see every Bitcoin movement, either up or down as an opportunity, it's going to be a good future I believe.
Take a look at the trend over the years of bitcoin price below:
bitcoin (btc) halving:
2016 btc halving
price = $661
after a year = $2,600
2020 btc halving
price = $8,600
after a year = $58,000
2024 will be the next halving...
I don't know where you got your data from but for the two I crossed out, they're both wrong. Price went to $18k+ in 2017 after 2016 halving. It did $68k+ in 2021 after 2020 halving also. You may want to crosscheck all that. Anyway, my perspective based on historical data is that 2024 halving will throw in nothing less than $120k as ATH in 2025. It may look an uphill task now but surely it a level ground to speed through when the rally begins. bitcoin (btc) halving:
2016 btc halving
price = $661
2020 btc halving
price = $8,600
2024 will be the next halving...
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.
Because they are stupid to expect in a year before halving in which trying to seek for good growth when we already knew it is more than impossible to happen as we have seen for how many times that the 4 year cycle keeps hitting the market.maybe best to understand the market first before engagement so you will not become one of those losers.
Bitcoin's five-year cycle is intriguing. However, Bitcoin is more of a notion than an investment. Instead of cyclical tendencies, its price is driven by its unique value proposition as decentralized, permissionless money. Our shared philosophy is mirrored in the market.
Bitcoin is affected by government economic policy. Indeed, Bitcoin's resistance to inflation and political forces proves its ideals are sound. It continues to break perceptions about currencies, creating prospects for financial freedom.
Your optimistic 2024 forecast is brave. Your enthusiasm for the price hike is contagious. Let's have the confidence to trust Bitcoin, keep our word, and pursue future benefits.
Bitcoin is affected by government economic policy. Indeed, Bitcoin's resistance to inflation and political forces proves its ideals are sound. It continues to break perceptions about currencies, creating prospects for financial freedom.
Your optimistic 2024 forecast is brave. Your enthusiasm for the price hike is contagious. Let's have the confidence to trust Bitcoin, keep our word, and pursue future benefits.
~snip~Now, because many people have witnessed that as time goes on, everyone has seen that the value of bitcoin in this regard has not decreased but rather increased, so it can be said that it is good for long-term investment and many investors are do it now and in the future to come actually.
Over time the price of Bitcoin goes up and there is also a decrease (of course). Price fluctuations will put pressure on investors whether they are strong enough to hold up to high prices or not. Bitcoin is a good main digital asset for the long term. Not without reason, looking at the history of Bitcoin so far, Bitcoin is quite promising for the long term. Reaching a new ATH is Bitcoin's goal when it comes to Halving events. We just have to see if Bitcoin is able to achieve it or not and at least hold on to some Bitcoins for the long term.
What are you talking about?
No the interval isn't five years. The market cycle is four years, and followings the halving cycle. Last big market cycle bull run was not 2017, it was 2021. Next one will be 2024/25.
And no, this doesn't determine Bitcoin's fate. Bitcoin is continuing to grow like it always does, and go through its 4 year market cycles like it always does. Nobody is wondering or worried about Bitcoin's fate.
No the interval isn't five years. The market cycle is four years, and followings the halving cycle. Last big market cycle bull run was not 2017, it was 2021. Next one will be 2024/25.
And no, this doesn't determine Bitcoin's fate. Bitcoin is continuing to grow like it always does, and go through its 4 year market cycles like it always does. Nobody is wondering or worried about Bitcoin's fate.
I fully agree with this. Bitcoin enthusiasts and supporters know that Bitcoin will eventually fulfill its fate and destiny though of course there can be some debate on what that fate is. What can happened in 2024 will surely be a part of is exciting history but it will surely not be a make or break one. Surely, 2023 is the best year to accumulate Bitcoin though of course one has to be always mindful of the risks involve.
Many expectations of bitcoin this year failed,
There are two mistakes that you are making here.First is that you think bitcoin is a profit machine that should give outrageously high profit to the "investor" every year. That's not true. Bitcoin is the only existing decentralized money and it is working fine as that.
Second is that you are ignoring what happened to the world economy. You can't see inflation and recession at the same time in at least half the world (mostly EU and US) and not see its effects on bitcoin.
Quote
~ 2017-2018 and since then, bitcoin has not record major price increase.
What was the $70k peak then?!Quote
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
That's because inflation didn't hit the world alone, it was accompanied by recession and in a recession people liquidate everything of value they have to be able to have money to survive. They aren't buying things like bitcoin. Hence the lack of "exploding rises".I don't see this changing anytime soon either. There is a good chance that we will see rises but nothing like 2017 exactly because of the ongoing recession that will only get worse as we get close to yet another winter with energy crisis in Europe.
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.
That's why it happened because Bitcoin is volatile, that's the risk that can be faced by those who buy it, that's why those who plan to invest in bitcoin are always reminded in this Bitcoin industry in this field.
Now, because many people have witnessed that as time goes on, everyone has seen that the value of bitcoin in this regard has not decreased but rather increased, so it can be said that it is good for long-term investment and many investors are do it now and in the future to come actually.
Bitcoin hit ATH last year in 2021. I think you lost count, but nothing less than a lot of us are really expecting another ATH or bull run next year, and the following year, as we know, is the halving next year, and a lot of us right now are saving bitcoins. But again, it ain't guaranteed that it will happen, but if we base our predictions on the past, there are really bullruns that happen after a few months or years. Let's just be patient on it.
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