Bitcoin 190K in 2024? | Bitcointalksearch.org

justdimin

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Quote from: Yaunfitda on April 12, 2024, 07:41:35 AM

Quote from: Gozie51 on April 12, 2024, 07:30:04 AM

I think it is not unreasonable to have such prediction for bitcoin at this season of halving. The block reward is going to reduce and that means miners would want to add in price before they sell so it is reasonable that volatility will rapidly start to happen as soon as the block split. I would predict around 150k - 200k . So at the point of slight price above 150k, it is suppose to be time to get ready for drop .

I mean everyone has their right to predict what will be the price this year, not sure what prediction model he is referring to but I have a idea already and it did predict $100k last bull run but it never materialized. Anyhow, it's just a wild and educated guess, if it happens then we will be happy to see. But if not, then we still have a good year in 2025 so see how big this bull run is. Let's just say that we will be overjoyed at $100k for this year, and then when the parabolic rise continues, then $150k could be a good conservative estimate as our new all time high for this cycle.

I do agree that it is not an easy one, that is why most people do not really see what's going to happen and they do not have a real understanding on what could be the best way to move forward with this. I think it is quite important to realize that we are going to end up with a good return one way or another, it's just not going to be easy that's it.

I hope that things do get better for us, and 100k+ seems like a possibility, we just need to wait a bit more, it may not happen right away, we may need to wait like maybe 6 more months before that happens. I am neither saying it can't happen earlier, nor saying it will surely happen after six months, all I am saying is that this is also a possibility that I see that could be the result.

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Quote from: Gozie51 on April 12, 2024, 07:30:04 AM

Quote from: tsaroz on March 24, 2024, 09:21:15 AM

And many prediction models place the future price of bitcoin into 190K.
Is 190K too humble or very generous in your consideration? What's your price plans for selling your holdings?

I think it is not unreasonable to have such prediction for bitcoin at this season of halving. The block reward is going to reduce and that means miners would want to add in price before they sell so it is reasonable that volatility will rapidly start to happen as soon as the block split. I would predict around 150k - 200k . So at the point of slight price above 150k, it is suppose to be time to get ready for drop .

i say when price goes above $100k then there is not much stopping it from rising a lot faster and a lot bigger. if it sets a new ATH at $200k then we may see something new happening in the market where a much larger number of fresh investors with a ton of money run to invest into bitcoin. that means price could start rising a lot faster right after we set that record and set new ones shortly after.

we saw this in 2017 but on a smaller scale since the amount of money that ran in was smaller back then. it can be a lot bigger today.

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Quote from: Onyeeze on April 10, 2024, 05:34:36 PM

I think that what people are saying concerning the price of Bitcoin before the ending of 2024 is totally assumption because the tradition of Bitcoin does not show off the price all the time all show what the price will be at the end of the year so for my own understanding of Bitcoin and the it price I believe that their price will not exceed The current price it is right now and if the price went to increase a little it will be more addition not that the price will reach to the writers point of view, because the price of bitcoin rise or not and that has been the nature of Bitcoin and it's regulations

Anything can happen in the market and for assumptions like those presented by the OP above, I think even though it is still an assumption, but the movement has shown signs of a strong revival, it's just that maybe the value of the gradual rise and realistic expectations of the Bitcoin price increase are important.

I personally would even say that someday BTC value will reach the highest point even exceeding the number mentioned above and certainly everything needs a process because the basic factor is that there is a continuous demand for BTC from various large institutions or others to invest.

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Quote from: Gozie51 on April 12, 2024, 07:30:04 AM

Quote from: tsaroz on March 24, 2024, 09:21:15 AM

And many prediction models place the future price of bitcoin into 190K.
Is 190K too humble or very generous in your consideration? What's your price plans for selling your holdings?

I think it is not unreasonable to have such prediction for bitcoin at this season of halving. The block reward is going to reduce and that means miners would want to add in price before they sell so it is reasonable that volatility will rapidly start to happen as soon as the block split. I would predict around 150k - 200k . So at the point of slight price above 150k, it is suppose to be time to get ready for drop .

I mean everyone has their right to predict what will be the price this year, not sure what prediction model he is referring to but I have a idea already and it did predict $100k last bull run but it never materialized. Anyhow, it's just a wild and educated guess, if it happens then we will be happy to see. But if not, then we still have a good year in 2025 so see how big this bull run is. Let's just say that we will be overjoyed at $100k for this year, and then when the parabolic rise continues, then $150k could be a good conservative estimate as our new all time high for this cycle.

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Quote from: tsaroz on March 24, 2024, 09:21:15 AM

And many prediction models place the future price of bitcoin into 190K.
Is 190K too humble or very generous in your consideration? What's your price plans for selling your holdings?

I think it is not unreasonable to have such prediction for bitcoin at this season of halving. The block reward is going to reduce and that means miners would want to add in price before they sell so it is reasonable that volatility will rapidly start to happen as soon as the block split. I would predict around 150k - 200k . So at the point of slight price above 150k, it is suppose to be time to get ready for drop .

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Quote from: Silberman on April 11, 2024, 03:49:02 AM

Quote from: Maslate on April 10, 2024, 07:51:53 PM

I think predicting $150k at the end of the year might be achievable. We have still 8 months more to go before this year ends and bitcoin may end up doing surprising moves in the market that will make its own price instantly jump too high. For me, that is still possible with bitcoin. Let’s not just focus on how bearish the market will be right after halving, for me this is still a prediction since not all the time history repeats itself. It could be the other way around as we can’t overlook the high potentials of bitcoin.

Everything will depend on where we are on the bull run cycle at the time, it seems that this time around the bull run may take place before the previous cycles, and if that is the case we may see a price of bitcoin much higher than what we anticipated during 2024, a good thing for all of those that took the time to invest in bitcoin during the bear market and the previous bull runs, but a bad news for those that were thinking about buying bitcoin until 2025.

$100k per BTC is still realistic to achieve by the end of 2024 but I don't think it will reach $150k.
Even though the supply from miners will decrease, but BTC price is not cheap anymore and the demand will also decrease.
Also big institutions and whales might taking profits by sell some of their savings when the BTC price is higher than $80k later.
The market will always panic when someone/company sells bitcoin in large quantities, I think the highest ATH in this year will probably only touch $90k per bitcoin.

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I do agree that it is not a simple feat to achieve something that would take some time, we all know that it is going to be a tough situation and should be simpler than before. However, we need to consider the fact that we are not going to end up with a better solution in the end. I bet that people could cause some trouble if they are not careful, so if you keep on making grand claims, then it would be awesome if you are right, and yet would be terrible if you are wrong.

This is why you should always be careful about what you are talking about. A lot of people could wait for that price to be hit before they sell, and if it never reaches there, then it would be sad, or if it goes even beyond that then it would be missed chance.

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Quote from: Maslate on April 10, 2024, 07:51:53 PM

I think predicting $150k at the end of the year might be achievable. We have still 8 months more to go before this year ends and bitcoin may end up doing surprising moves in the market that will make its own price instantly jump too high. For me, that is still possible with bitcoin. Let’s not just focus on how bearish the market will be right after halving, for me this is still a prediction since not all the time history repeats itself. It could be the other way around as we can’t overlook the high potentials of bitcoin.

Everything will depend on where we are on the bull run cycle at the time, it seems that this time around the bull run may take place before the previous cycles, and if that is the case we may see a price of bitcoin much higher than what we anticipated during 2024, a good thing for all of those that took the time to invest in bitcoin during the bear market and the previous bull runs, but a bad news for those that were thinking about buying bitcoin until 2025.

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Quote from: kotajikikox on April 05, 2024, 04:12:21 AM

Quote from: tengui on March 28, 2024, 08:54:38 AM

Initially I had a target of $150k, but looking at the current situation it seems like $150k is too high. currently my target is at $100k-$120k. If the halving occurs on April 16 or 17, it means the halving will start in less than 20 days. My estimate is that when the halving starts the price of bitcoin will be around $80k, and my mind says $190k or $150k is too high.

That's the so much trust of you in bitcoin mate that you even expect halving will bring that much for the price of bitcoin while I do believe that market will change after halving , it may drop badly that we need to wait till next year before the big recovery happens and to record the another ATH that will be 6 digits value.
but try not to expect too much mate , because remember that sideways may happen.

I think predicting $150k at the end of the year might be achievable. We have still 8 months more to go before this year ends and bitcoin may end up doing surprising moves in the market that will make its own price instantly jump too high. For me, that is still possible with bitcoin. Let’s not just focus on how bearish the market will be right after halving, for me this is still a prediction since not all the time history repeats itself. It could be the other way around as we can’t overlook the high potentials of bitcoin.

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Quote from: Dunamisx on April 05, 2024, 02:00:00 PM

Everyone have been giving their own suggestions on what the market price for bitcoin may turns to be after this month halving, but it is more very important that we consider this on a long term than this sooner on $190,000, from what i have researched, i will give the rate of $200,000 or below before the end of this year, we should not be surprised that after the halving we may experience little bear before the market rises as expected.

I am also anticipating a bearish market right after halving, so expect that bitcoin price will consistently drop again. And I can’t set a date when will bitcoin eventually recover. Because of that, I am not actually highly hopeful that we will see bitcoin price at $190k or above at the end of the year. For me, it might only reach the level of $150k or a little upward than that. But everything can change if bitcoin shows another significant price jump any moment after halving.

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I think that what people are saying concerning the price of Bitcoin before the ending of 2024 is totally assumption because the tradition of Bitcoin does not show off the price all the time all show what the price will be at the end of the year so for my own understanding of Bitcoin and the it price I believe that their price will not exceed The current price it is right now and if the price went to increase a little it will be more addition not that the price will reach to the writers point of view, because the price of bitcoin rise or not and that has been the nature of Bitcoin and it's regulations

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Quote from: Text on April 08, 2024, 05:33:38 PM

In my case, I did have a target in mind, but I also weighed the current market conditions and my financial situation at that time. While I anticipated Bitcoin hitting the 100K mark, the rapid fluctuations made me reconsider my strategy. Selling when it hit a new all-time high seemed like a prudent move at the time, considering I wasn't sure if it would continue rising or experience a correction. Whatever decision I made; I have no regrets.

You sell with a target then it is appropriate then it is wise to say that, indeed if you continue to expect high prices while not setting a target price it is useless that there is even regret.
For example; you set a target of $100K then the price has gone there at that time where you have a change of mind then change the target higher not in the price instead of a big correction (who knows) your financial situation urgently needs money immediately then at that time it can be said you did not take advantage of a good profit because of greed.
This is just a scenario.

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Quote from: Jating on April 02, 2024, 08:19:00 AM

It will be huge jump though, the chances are slim at least that's how I see it. Others predicted that the bull run top will be around that price of $150k-$190k and that could happen in 2025. So you just have to look at the chart right now, it will be like 2.x something in the next 6 months so that is huge in my opinion.

I could be wrong, but I think we should really be logical on what we want to see the price at the end of the year. $190k for me will be too big this year. So it's better not to expect something big and then be disappointed if it didn't happen just like in the last bull run wherein there were a prediction model (S2F) who says that the top price will be $100k but it didn't happen.

I agree that the chances are slim, but we are talking about less than x3 from now. Looking back at how the improvements at the price happened before, we could say that it wouldn't be impossible for something like that to happen. Obviously it's a tough one, and we will "probably" not see that price, but I never lose hope on bitcoin and what it can do.

I believe that we are going to end up with something decent eventually, and that decent could be anything from reaching 100k barely to reaching 250k and I wouldn't be shocked in either case. 190K seems like a big deal, but when you zoom out and see how it reacted at 2017 and at 2021, you will see that 2025 could very well be something like that, doubt it would be 2024.

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Quote from: Republikcoin.com on April 05, 2024, 01:44:53 PM

Quote from: kotajikikox on April 05, 2024, 04:12:21 AM

That's the so much trust of you in bitcoin mate that you even expect halving will bring that much for the price of bitcoin while I do believe that market will change after halving , it may drop badly that we need to wait till next year before the big recovery happens and to record the another ATH that will be 6 digits value.
but try not to expect too much mate , because remember that sideways may happen.

We all don't know when this sideways can happen to Bitcoin even though everyone also has their own hopes this year through Bitcoin. But for now I also don't expect a drastic decline to occur again in Bitcoin, because if there is an estimate for an increase of up to 6 digits for one Bitcoin, wouldn't it be easier for Bitcoin if the level of correction was only a little without having to fall drastically after halving occurs. Because if Bitcoin falls again drastically before rising again to a further price level, it will take more time for Bitcoin.

Well, only bitcoin can tell. As much as I don't want to see bitcoin price drops drastically after halving, but we don't hold the future price of bitcoin. However, as for my own perception, I am still seeing continuous price correction after halving that will eventually create a price decline and may put bitcoin price into some lower price range. Yes, it would be hard to recover by then but it would create another opportunity for new and old investors to buy more bitcoin so they can make a huge preparation when bitcoin bull run comes.

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Continuous build upwards, the recovery from a sell is pretty complete once again we are back at the top. Does this roller-coaster loop or will we see the next part of the ride finally I want to know. Looking good on the 4hr, daily and weekly. Moving averages in alignment for a further rise from here, I think a gain of some kind is certainly possible from now till end of 2024.

I dont estimate 190k I dont even think of 100k or nearby. My imagination and optimism only stretched as far as this current level and maybe a little below that to be honest. My simple reasoning being that not all weather is fair weather, to get natural growth requires rains winds and even storms then you get actual yearly growth properly done. We cant assume price is rising even during a bullish period, I dont think Im so negative bias in my outlook but maybe Iam.

The price is set to gain if buyers should able to continue at these higher prices. My judgement is based on value, I'd rather always buy the lows not the highs but it doesnt always work out that way and the price can continue to rise as people chase the highs.

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Quote from: GeorgeJohn on March 26, 2024, 10:39:01 AM

Taking your profit immediately the time the price of Bitcoin drops in the market it is a smart movement of investor but if you have a target you will not take your profit knowing that your target bitcoin price have not gotten to it so that is why any person who is holding a Bitcoin supposed to have a target limit so that when they increasement of Bitcoin got to that extent you can make your withdrawal and take off your profit but when they increment has not meet up to your target then you allow it to remain in your portfolio knowing that one day the price may increase and they get to your target.

In my case, I did have a target in mind, but I also weighed the current market conditions and my financial situation at that time. While I anticipated Bitcoin hitting the 100K mark, the rapid fluctuations made me reconsider my strategy. Selling when it hit a new all-time high seemed like a prudent move at the time, considering I wasn't sure if it would continue rising or experience a correction. Whatever decision I made; I have no regrets.

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Quote from: BABY SHOES on April 08, 2024, 05:23:22 PM

Quote from: Hallroom on April 08, 2024, 02:12:01 AM

I don't think it's possible for Bitcoin to ever hit 190k before the halving starts. Because Bitcoin is likely to hit 190k by the time the 2025 Bitcoin bull run begins. Because the Bitcoin price hit its peak during each bull market, the year 2025 should be targeted for the Bitcoin price to reach $190k.

No, the halving is a few days away now it is in the $70K area means it takes 2x more to increase then this does not make sense but what I understand maybe he said after the halving.

If for example in 2025 this still makes sense where the bitcoin price goes to $190K although it's not certain but we never know how high that rally will fly? Or how bullish it will be if it is stronger then bitcoin price will definitely continue to skyrocket.

I can only estimate that in 2025 it will be around $150K as my own prediction, if this is for example not realized then at least $100K has become a common target by holders.

Yes, it will take more than twice the current price, so very hard but not possible. There will be something of a news that will make the investors goes crazy this year to put a ton of money just to make the price breaks $100k at least and then we can talk $190k. So let's see if we can rally around, however, I wouldn't put to much emphasize on it. Maybe we can hit it in this current bull run or close to it, or maybe in the next bull run, it doesn't matter. That price is really achievable to us, and it's just a matter of time and we don't need to push that hard so that we will not be like frustrated or upset.

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Quote from: Hallroom on April 08, 2024, 02:12:01 AM

I don't think it's possible for Bitcoin to ever hit 190k before the halving starts. Because Bitcoin is likely to hit 190k by the time the 2025 Bitcoin bull run begins. Because the Bitcoin price hit its peak during each bull market, the year 2025 should be targeted for the Bitcoin price to reach $190k.

No, the halving is a few days away now it is in the $70K area means it takes 2x more to increase then this does not make sense but what I understand maybe he said after the halving.

If for example in 2025 this still makes sense where the bitcoin price goes to $190K although it's not certain but we never know how high that rally will fly? Or how bullish it will be if it is stronger then bitcoin price will definitely continue to skyrocket.

I can only estimate that in 2025 it will be around $150K as my own prediction, if this is for example not realized then at least $100K has become a common target by holders.

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Quote from: peter0425 on April 08, 2024, 02:55:41 AM

Quote from: Hallroom on April 08, 2024, 02:12:01 AM

I don't think it's possible for Bitcoin to ever hit 190k before the halving starts. Because Bitcoin is likely to hit 190k by the time the 2025 Bitcoin bull run begins. Because the Bitcoin price hit its peak during each bull market, the year 2025 should be targeted for the Bitcoin price to reach $190k.

we only have a week or two before halving so indeed that this is impossible for now(though I don't give wrong thoughts in bitcoin capacity) yet i believe that there are other things we have to expect here in this market than just a pumping because its harder to fail when you know nothing about the movement.

I do agree about the impossible part, sure people could have their dreams and I understand that we are going to go up a lot more after the halving that part is something I expect too, but I expect something more realistic, something smaller, like 100k to 120k for example. That is not impossible, it is still a good increase, nearly over 50% increase, and if you buy right now, you could make 50% profit within the year, considering how wonderful that is, I think that should still be a reason to consider Bitcoin as the best asset.

Of course there will be a lot of people who won't, they will either not invest, or find it not enough. So we need to realize that we can't really make it work any other way, just let it be.

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Quote from: peter0425 on April 08, 2024, 02:55:41 AM

we only have a week or two before halving so indeed that this is impossible for now(though I don't give wrong thoughts in bitcoin capacity) yet i believe that there are other things we have to expect here in this market than just a pumping because its harder to fail when you know nothing about the movement.

In the past two days, Bitcoin has experienced another price increase that almost reached $73K, while the halving time this month is getting closer. This means that everyone may have the opportunity to see the price of Bitcoin at more than $75K in the near future if the increase like now can continue without stopping and this could also be a sign that the price pump is created by the fact that there are still many people who are convinced to buy Bitcoin. Because now everyone has seen that Bitcoin can provide better things for them, so many people's confidence in Bitcoin has also begun to grow.

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