Seems too generous.
I have high hopes for bitcoin and I am certain that it is still going to hit a new all time high this year. A little too hopeful if I say it might reach a new ath before halving and then again after. Whichever way it is I know that a new ath will be recorded once again. Will it come to $190k? No. My best bet would be $100k actually. If something unexpected it would be $110k maximum.
I agree that predicting Bitcoin price to reach $190k this year can be wishful thinking or too generous like you said, although I'm very hopeful about a massive bull season, and the $190k or $200k price target can be achieved in the peak of bull run somewhere in 2025, I'm modestly predicting it's price to be in the range of max $110k within this year 2024. Although the crypto market is quite unpredictable and events can make price to swing unexpectedly, so if we're to see a price surge like it's predicted in the OP within this year 2024, then the bull season might be shortlived, we might then see an early start of bear run.
You one thing about bitcoin is that many people have their own speculations towards Bitcoin and for someone to have a such thought that bitcoin may reach one hundred and ninety thousand to two hundred thousand before end of this year...I will say its a personal suggestion of op because we all knows that the price of bitcoin is unpredictable and its really encouraging that bitcoin price will continue to increase to a certain point that the price one day will reach to the vision of op, but right now I have not see price of bitcoin like something that will achieve such this year 2024, maybe by next year after halving the price will be increasing gradually.
Many people have speculated in many ways but I would like to say here that if we wait till 2025 we will definitely reach six figure level (100000) for sure. Bitcoin Price All-Time Change 2024 Bitcoin Set New Record High Since Bitcoin ETF Became. Which broke the record of 2021 and again set a new record with the price of 73.6. If you think about the history of halving in 2020, the price at the time of halving was like 20k dollars. And in 2021, Bitcoin price touched $69k during the bull run. So of course we'll see a very high probability of Bitcoin going from $150K to $170K in 2025.
Nobody is saying that the price will not get to such value but the major problem is that, the price of bitcoin is unpredictable a negative news may come up and crashes the price of Bitcoin so if we are expecting the price to reach hundreds and fifty thousand to two hundred thousand this this year I will say that it's under probability, indecencies that anything can revise the price of bitcoin not to accelerate, we are not agitating or speculating that the price will be at hundreds thousand [100k] before this year...do any of us have proof analysis that bitcoin price will reach one hundred and fifty to two hundred thousand [150k/200k] before this year..
Well this will be very good for price of 1 Bitcoin to be this price. I do think this number 190K is very bullish but do not know how high we will get.
I am still 'bullish' for Bitcoin and all crypto currency. We did see the new All Time High so maybe we are going to see much more profits in 2024.
the thing is that we are exaggerating for the price of bitcoin right now, bitcoin price has not hits hundred thousand [100k] and many of us is emphasizing on one hundred and ninety and two thousand...is going to be possible this year, one thing is that the price of bitcoin is unpredictable and it may happen tomorrow the price of bitcoin decrease base on the demands and the supply of bitcoin...this has happened before, when the price of bitcoin reached sixty nine thousand [69k] that should be in 2021 and later run the price fall to the extent of reaching seventeen thousand [17k], so that is to say bitcoin price is unpredictable and we can't because of the price is increasing seriously and start to decrease.