Topic: Bitcoin 190K in 2024? - page 2. (Read 1146 times)

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.

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.

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 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 .

$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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

it is obvious that all these things are assumption and believing that bitcoin price will be increased to one eighty thousand  and one hundred and one hundred and ninety thousand [[180k/190] I don't think that it is something we can really achieve this year many people who is saying that does not even hold a Bitcoin because if you hold a Bitcoin you will know the movement of Bitcoin increment and you will constantly checking the chat of of Bitcoin to know when the level of it will be reach in this particular year or not... another thing is that bitcoin is just starting it increment this year and the what will I expressing now is that the price is not even increasing much again, since the price reached seventy three thousand [73k] the price currently is struggling to reach seventy thousand...that is while we do says that we should not hope on the increment of Bitcoin and it's speculations.


there is every tendency than the price of Bitcoin at the drop to the extreme after halving, but people does not know they keep on saying that the price of Bitcoin they increasing more than the current price of it after experiencing a having so therefore and believe and the price of Bitcoin will continue to increase but it will not increase as we expected, I am not of the opinion that the price of Bitcoin will increase to the extent of reaching one hundred and ninety thousand [190k] that is a people personal assumption and they speculation towards bitcoin increment so on on my own observation in Bitcoin price the price of May reach up to hundred thousand [100k] before this year runs out.

nobody is disagree with you base on your speculations or your vision towards Bitcoin increment, because everyone who investors in bitcoin want the price to increase More than your expectations, so we don't need to be saying rubbish concerning bitcoin because we need the goodness of Bitcoin right...bitcoin will increase but we have never seen Bitcoin increasing one time, the market increases gradually not to Skyrocket one time, if bitcoin will be up to that particular price you have been emphasising that means the techniques you use to check bitcoin price is very good and understanding.

Sometimes it's not good to exaggerate because you know quite well that bitcoin does not increase just a sudden the increment of Bitcoin come up gradually so which we know quite well there are many people who has been investing in Bitcoin who are also a beneficiary of Bitcoin did not experience a such increase in bitcoin, so the estimated price of bitcoin in this thread is very high and I don't think the price will reach to the extent of speculated price.