Knowing that there was a big psychological factor at play to the post-halving effect on the price, I fear that this could have been a little bit worn off by the unexpected bull run caused by the approval of the spot ETFs and the demand related to it.
After already having an early pump and the new ATH, the post-halving enthusiasm could turn out to be a lot smaller than in the previous cycles. So, I think, that if we are to see levels significantly above $100k, we'd need to have something more solid than retail investors jumping in just because of the FOMO.
Topic: Bitcoin 190K in 2024? - page 3. (Read 1044 times)
The way BTC is hesitating currently would not lead you to believe it might make 190k this year in 8 months or so. However I will still accept it is possible if this current price action formation for BTC breaks out like a flag bullish to the upside and continues onwards upwards in a similar fashion then I accept it continues to be a possibility.
Average gain monthly required would be 15k, no losses accounted for. Thats rocket fuel talking not normality
The more boring probability but also likely necessity for the best health of Bitcoin is slow and steady, a pack horse donkey ascent is safer then a rocket fired for the heavens. No matter how impatient people are and wanting the most all about right now, the slower route where we are going to wind our way up the mountain taking rests along the way as needed & however far we may get this is actually for the best.
Average gain monthly required would be 15k, no losses accounted for. Thats rocket fuel talking not normality
The more boring probability but also likely necessity for the best health of Bitcoin is slow and steady, a pack horse donkey ascent is safer then a rocket fired for the heavens. No matter how impatient people are and wanting the most all about right now, the slower route where we are going to wind our way up the mountain taking rests along the way as needed & however far we may get this is actually for the best.
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.
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.
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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. but try not to expect too much mate , because remember that sideways may happen.
As this is the year 2024 and the year of Bitcoin halving, it is certain that Bitcoin will be halved around April 17th. As currently the Bitcoin market has increased a lot and is in this position which is predicted to go higher in the coming days. We saw the Bitcoin market peak at $69,000 in 2021 and the halving year in 2024 when the Bitcoin price touched $73,000, which is the all-time ATH of Bitcoin value. Accordingly, we can confirm that since April 2024, Bitcoin will be halved, so the price of Bitcoin is likely to increase even more. But reaching $190k is not as easy a task as we think, but it will be possible only by time. I think the Bitcoin market could touch $80k before it halves in 2024, and it is likely to turn bearish again after that. Since the halving is only a few days away, I expect the Bitcoin market to go higher soon and the price of Bitcoin will touch $80,000 by the time of the halving.
Holding is all about patience in my opinion. A person who invests in Bitcoin to hold it for long-term will only be able to do that if they have enough patience that would allow them to keep holding even when Bitcoin gets to a good height but would still have the potential to go higher.
Hodling is about patience but you need other things to help your to become a very good holder. Holding needs a good source of income, without having a good source of income that can give you money to not remember to sell your Bitcoin because you're in need of money urgently, without having that source you can't hold because you'll always remember that you have some investments in Bitcoin that you're holding then you'll sell the Bitcoin for cash. Bitcoin is going to be rising because it can't just stop at $72,000 and we call it the top of the market. Bitcoin will rise after the halving and it might get to the price but no individual is sure that it'll happen. Bitcoin can get to $150,000 or $200,000 after the bull market is over but we shouldn't expect it to be happening in 2024.
A very important event is scheduled to happen this April. Around April 16 or 17. It's bitcoin halving again. i.e. number of bitcoin rewarded for mining a block would be halved. It meas half bitcoin reward for equal task for miner. That would also decrease the liquidity in bitcoin provided by the miners. The miners operate on small margin and many could go on loss if they sold their reward for current price so they won't be willing to sell it unless price moves up. Bitcoin in past have seen a good price boost after the halving. And many prediction models place the future price of bitcoin into 190K.
Is 190K too humble or very generous in your consideration? What's your price plans for selling your holdings?
Is 190K too humble or very generous in your consideration? What's your price plans for selling your holdings?
Well, honestly, the technical analysis that I have seen is that the price of bitcoin can range from 150k$ up to 200k$, but of course, since my plan is to sell at a price of 130k$,
I am happy with that, and once that is my plan, I will take profit from my target selling price.
That's okay with me; at least there's a profit somehow. I just want to play safe, and I don't want to regret what I did.
It's better to learn to be content with what we do and receive from God.
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.
Considering how bitcoin has been performing over the years I will say that bitcoin at $190k is a good price range. That's more than 2x from current price. If I see bitcoin at this price I will sell part of my holding and reposition myself again for another entry point, possibly after bullrun might have been over. It's important to know when to take profit and when to keep holding.
I think most of the people will wait for such price target but most of them will sell their bitcoin once it reach to 100k$. When the selling remains higher at 100k$ then there will be doubt that it will reach to 190k$.
If someone wants to have greater profit then sell some bitcoin at your target value and left the remaining amount for 190k$ to achieved but this will take longer time and you should know about this fact.
If someone have the ability to know about the price for buying and selling then he can take the profit under appropriate conditions without missing any chance.
that its better not to make yourself that setting out those numbers or those spots because we cant really be sure.,Yes we can make out those assumptions but it would be better that you should really be
that anticipating that everything could happen. We arent even sure about that last dump before that moonshot or start up of bull run.
Considering how bitcoin has been performing over the years I will say that bitcoin at $190k is a good price range. That's more than 2x from current price. If I see bitcoin at this price I will sell part of my holding and reposition myself again for another entry point, possibly after bullrun might have been over. It's important to know when to take profit and when to keep holding.
I think most of the people will wait for such price target but most of them will sell their bitcoin once it reach to 100k$. When the selling remains higher at 100k$ then there will be doubt that it will reach to 190k$.
If someone wants to have greater profit then sell some bitcoin at your target value and left the remaining amount for 190k$ to achieved but this will take longer time and you should know about this fact.
If someone have the ability to know about the price for buying and selling then he can take the profit under appropriate conditions without missing any chance.
-snip-
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.I can't guess the price - but based on history, $100K is likely to be crossed during the next bullish phase after the halving. Of course you shouldn't believe what I say - but for me, it's the best that can be hoped for. Anyway - here's my second quote for you today's. LOL
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.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.
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. 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.
~
Is 190K too humble or very generous in your consideration? What's your price plans for selling your holdings?
Too high for me, but anything can happen with Bitcoin. It's only a matter of "what are the chances that this scenario will happen?"Is 190K too humble or very generous in your consideration? What's your price plans for selling your holdings?
For me, $190,000 is too high considering that it's too high. I don't see that Bitcoin will making that much upside to a point where it will surpass the $150,000 price because I believe that it's peak will just be at that price. I only see Bitcoin making at least 2x from it's previous ATH of near $69,000. Well, we don't know what can happen with Bitcoin in the bull run. We might see Bitcoin not even reaching the $100,000 during the bull run or we might see Bitcoin reaching as high as $200,000.
One thing's for sure though. Those who risked their money during the bear market, and bought as many Bitcoins as they can are the ones who are getting the most profits right now.
Considering how bitcoin has been performing over the years I will say that bitcoin at $190k is a good price range. That's more than 2x from current price. If I see bitcoin at this price I will sell part of my holding and reposition myself again for another entry point, possibly after bullrun might have been over. It's important to know when to take profit and when to keep holding.
Yes, possible that we might see it that big in the next year, not 2024. I think the best strategy is just to time the market, and then just sell at staggered set and not on one big dump of your stash. I do agree that we should still be holding or at least accumulating because we are still very far from that 6 digits that we wanted to see. So in every chance we have, we should save and stack sats. And then look for like $100k then $150k to sell and take profits in my opinion.
So I will say that we need more time and wait till 2025 to sell. Yes we reach new all time high, but there are more room to improve next year. For sure, others too are looking for a great ROI and this bull run will one of the biggest in history I reckon.
But what makes you so sure that bitcoin will reach $190K or higher by 2025 and not by the end of this year? I think relying on history to predict the future is no longer accurate because bitcoin also broke the historical cycle by creating a new ATH before halving. None of us have a crystal ball to know exactly what will happen in the future, whether bitcoin will peak this year or next year. We need to closely monitor the market situation so that we can make timely decisions instead of being subjective with our judgments.
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.
Considering how bitcoin has been performing over the years I will say that bitcoin at $190k is a good price range. That's more than 2x from current price. If I see bitcoin at this price I will sell part of my holding and reposition myself again for another entry point, possibly after bullrun might have been over. It's important to know when to take profit and when to keep holding.
The success of any trader depends on how well he understands the market. Knowing the buying and selling points can fetch you a good profit at any time. As the rest of the traders including me seem quite optimistic about Bitcoin, in the next couple of years we may see Bitcoin rise to new heights or maybe before that as all traders who trade on Bitcoin know the price of Bitcoin goes up after every halving.Holding is all about patience in my opinion. A person who invests in Bitcoin to hold it for long-term will only be able to do that if they have enough patience that would allow them to keep holding even when Bitcoin gets to a good height but would still have the potential to go higher.
Time is getting closer to halving, for me this is a special moment even though I only hold a little bitcoin and a few altcoins, the euphoria is so pronounced and there are many surprises in my opinion, a matter of weeks yes. The miners may not be as happy as we are when halving. But not necessarily, if these miners have saved far away or maybe from the previous halving. Maybe it's still logical for X2 at the full price today for each bitcoin, but maybe in the next few months, if it's 3 weeks I think it's too tight and very short to exceed that price. Indeed, bitcoin is a special coin for everyone even though the price is currently very impressive. Even if the price touches the prediction either in the middle of this year or Q4 I think it is still included in the halving year 
.
I keep bitcoin in my wallet as much as possible, even though I sold it a few times for airdrop missions and I don't hesitate to buy back bitcoin at the current price if I get any money from it. There is an art to keeping bitcoin.
Nothing wrong with getting excited about the bull run, but at the same time you need to remain collected as a way to prevent yourself from making a mistake, as it would not be rare that instead of going up the price went down, and if that were to happen I am sure there are going to be many investors getting emotional about it and they may sell their coins as a result of an emotional outburst, and then a few months down the line they may regret their decision. .I keep bitcoin in my wallet as much as possible, even though I sold it a few times for airdrop missions and I don't hesitate to buy back bitcoin at the current price if I get any money from it. There is an art to keeping bitcoin.
$190k is a bold prediction and highly improbable but yet, not impossible. When the rally begins, things can go really high really fast.
1BTC=$190k would result in Bitcoin's market cap of $3.7 trillion (at the current number of bitcoins in issue). For comparison, gold's market cap is estimated to be over $14 trillion, so even then BTC would be almost x4 smaller than gold.
I don't really think so, since even $100k is pretty common right now, so an additional $90k I think won't hurt that much or doesn't look too shabby after all. See? You even said this : ⤵1BTC=$190k would result in Bitcoin's market cap of $3.7 trillion (at the current number of bitcoins in issue). For comparison, gold's market cap is estimated to be over $14 trillion, so even then BTC would be almost x4 smaller than gold.
But do you have the source for that $190k prediction? Did they mention methodology at all? We often see a bunch of "experts" throwing random numbers around. It's almost like the highest the prediction, the more media coverage it gets.
The explanation would be is because there are people like you who thinks it is not possible. It can also act as a hype which is a good thing for the coin and the more it will be possible for it to occur. There is no need for a source since it was only just a prediction anyway. 
Time is getting closer to halving, for me this is a special moment even though I only hold a little bitcoin and a few altcoins, the euphoria is so pronounced and there are many surprises in my opinion, a matter of weeks yes. The miners may not be as happy as we are when halving. But not necessarily, if these miners have saved far away or maybe from the previous halving. Maybe it's still logical for X2 at the full price today for each bitcoin, but maybe in the next few months, if it's 3 weeks I think it's too tight and very short to exceed that price. Indeed, bitcoin is a special coin for everyone even though the price is currently very impressive. Even if the price touches the prediction either in the middle of this year or Q4 I think it is still included in the halving year .
I keep bitcoin in my wallet as much as possible, even though I sold it a few times for airdrop missions and I don't hesitate to buy back bitcoin at the current price if I get any money from it. There is an art to keeping bitcoin.
.I keep bitcoin in my wallet as much as possible, even though I sold it a few times for airdrop missions and I don't hesitate to buy back bitcoin at the current price if I get any money from it. There is an art to keeping bitcoin.
You dont need to worry about the miners because the block reward will decrease but the price of bitcoin increases significantly , so they still make a big profit. In addition, the higher the price of bitcoin, the higher the transaction fees will be, and they are also the ones who benefit from the transaction fees, so they will not be as disappointed as you think. Not to mention , miners are also considered sharks in the market and they will know how to manipulate and manipulate the market to bring them profits . if they don't make a profit , do you think they will continue mining? Just like you , if the investment is not profitable , will you continue to invest in Bitcoin? No one wants to do charity work in this market.
To me, retail investors are still the biggest losers in this game . But it's okay , as long as we have a good plan there is still a way for us to make great profits from Bitcoin.
to answer the op's question, no one knows what will happen, but let's hope bitcoin can reach 190k$ or higher by the end of the year .
Time is getting closer to halving, for me this is a special moment even though I only hold a little bitcoin and a few altcoins, the euphoria is so pronounced and there are many surprises in my opinion, a matter of weeks yes. The miners may not be as happy as we are when halving. But not necessarily, if these miners have saved far away or maybe from the previous halving. Maybe it's still logical for X2 at the full price today for each bitcoin, but maybe in the next few months, if it's 3 weeks I think it's too tight and very short to exceed that price. Indeed, bitcoin is a special coin for everyone even though the price is currently very impressive. Even if the price touches the prediction either in the middle of this year or Q4 I think it is still included in the halving year .
I keep bitcoin in my wallet as much as possible, even though I sold it a few times for airdrop missions and I don't hesitate to buy back bitcoin at the current price if I get any money from it. There is an art to keeping bitcoin.
.I keep bitcoin in my wallet as much as possible, even though I sold it a few times for airdrop missions and I don't hesitate to buy back bitcoin at the current price if I get any money from it. There is an art to keeping bitcoin.
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