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.