Topic: Bitcoin 190K in 2024? - page 6. (Read 949 times)

Point of correction, no liquidity is reduced in Bitcoin due to halving, but the amount remaining to be mined will automatically be halved, and so the block reward. It is purported to distort the economics surrounding Bitcoin in terms of the demand and supply of the coin and cause it to be more valuable. Is this working, Yes, we can see what has happened in the past halving but we should not think it will continue automatically. This calls for caution this time.

Also with my studies of the past halving, the major bullish movements never happened immediately, we should expect the same now. Also, with the manner in which Bitcoin had moved past its former ATH already, a lot of interested buyers have committed their money to the coin already, which might slow progress down after halving this time since not so much money might be immediately available for it after it halved this time. If you agree with me, the situation we see in Bitcoin now is not the ones we saw in the past cycles. So we should expect a twist this time as well. For this, I am not expecting much after Bitcoin halving in 2024, and the $190,000 you called is too high judging by the reality of the present.

Bitcoin price may be the maximum amount as per the current situation but after a long wait. You can never predict exactly what Bitcoin price will touch. So keep calm and participate in investing, take as much risk as you can afford and you will succeed. But after investing you have to wait for a long time to ensure your success. Maybe for a few years in the future then you are successful.

If the price of Bitcoin does not enter 190K dollar in 2024, it is certainly not possible to enter in 2025. You notice and see that Bitcoin halving definitely changes the price of Bitcoin the most. If you look at the past halvings, you can definitely see that the year after the halving, Bitcoin price increases the most. So in this case I support the year 2025 Bitcoin can touch 190k dollar.

Maybe $190K is too high for some people, but does anyone believe this prediction because it's too generous? It will see at least one more year which I predict may be at that number or below.

$100K would be an idealistic price, I'm sure many people with current holdings would target selling for $100K more whether they sell half or all of their current holdings as long as they enjoy high returns.

Now keep HODL there is still time to wait to $100K even though it is already $70K so don't lose the opportunity now.

Higher than the price you mentioned is better for holders who have held for a long time. Even just reaching the price of $100K is also a beautiful wait because you have already received a large return from the price when purchased.
If it can reach even higher heights as predicted by several well-known people in the world, it will be even happier because this concerns the future.

If you are forced to return to past prices, don't be sad and complain because a prediction does not always lead to an increase but can also reverse to a decrease.
I don't always look at Bitcoin in terms of price, although price always attracts the attention of many people from various backgrounds.

I don't know, if the predictions are true then there really will be many new multi millionaires during 2024 and 2025. I'm not sure about the predicted numbers, but there's nothing wrong with remaining optimistic that the price of bitcoin will increase over time after the halving.

$190k may be considered low for those with more optimism than that, but for me $190k is a pretty big number to expect for bitcoin after the halving in 2024. Seriously, I will literally sell everything by then if $190k is reached.

It's pretty much achievable if the market places the same same way like how did last time I mean more than 3X of previous ATH which would by default push the Bitcoin's value to over $210K and hence from this source I think the prediction of $190k is within the reach but however we may see some more correction and it might not happen this year because the trend which I have considered for prediction is based on Bitcoin pump the following year of halving.

Actually, it is scheduled to happen in April 20.


It is not very generous.  Halving means half bitcoins will be sold by miners, as you said. It will probably result in a lot less bitcoin supplied in the market.  Considering that in this new cycle we have ETFs and they need to be backed by bitcoin, compare it with the previous cycles where we did at least a 10x and see yourself.  Maybe we even exceed the 300k.

Different all time high if you ask someone. Ranges from $120k-$220k is what I see, and above that, it's far stretch in my opinion. Nevertheless, we all know how unpredictable this market is, we never even thought that we will reach a new all time high pre-halving.

And that is a first and so it could be a indication on how big this bull run might be. So if we look at the last all time high of 73k, and probably think about x2 as our top for this bull run, it's around $140k++. So I think it's doable that the minimum could be around that price range. And who knows, maybe $190k is can also be unlock but it could happen in 2025.

Yes it can be. The price of Bitcoin was at 66000$ for a while and today the price of Bitcoin has increased slightly. Currently the price of Bitcoin has increased again and reached 70000$. It is expected that the price of Bitcoin will increase towards the middle of April and then will go much lower. Earlier in 2021, the price of Bitcoin went up and down before the halving, and this time it seems to be the same. However, this time the halving is followed by the price of Bitcoin that will increase in price so that it can reach the highest level in history. This is my idea.  What do you think?

Overall, very few people are optimistic about an ATH of $190k or more this bull season, with only you and I among the few who think bitcoin can reach that number. Mostly I find it quite humbling that this time people only set expectations at $100k, and we are only 30% away from that target as bitcoin is trading at $70k. Meanwhile, the halving has not happened, interest rates have not decreased and the economy is gradually entering the recovery phase.

Honestly, I even believe that bitcoin will reach $250k in the upcoming bull season and not just stop at $150k or $190k. I believe this is a super cycle for bitcoin and the markets and the biggest ever.

The current price is still far from $190k and even Bitcoin has not yet reached $100k. But Bitcoin will reach a high price after the halving, and during the lead-up to the halving and after the halving, the price will still go up and down like it is now.

There will probably be a rally to get back to $70k-$80k and then it will hold at that price level while going up and down there. Yes, many prediction models are already available for the price of Bitcoin.

We should have a selling price for Bitcoin before the price increases. Bitcoin's journey will be even more exciting. Maybe I'll sell it for over $150k. We'll see what the latest ATH price will be.

Honestly the $100k that we're expecting isn't that close and we expect $190? It should have been $200k because I was some how thinking Bitcoin price can get to that very amount before the halving not even $100k, with the market price struggling to get back to $73k is not encouraging to say it will get to $190k.
I feel we might find it hard to get to $90k this month or something close but that doesn't mean we won't see the price getting to $100k, but this new week can be promising with some changes happening in terms of the market price making a positive movement to $70k+, I'm expecting the price to be higher than what we're having currently.

Bitcoin halving have not yet started but a lot of things are happening in Bitcoin so but what I believe is that it is better than you Bitcoin no matter the circumstances but you experience in Bitcoin you should not be in Rush Bitcoin because of the price fall, so I think that you have exercise a patient and not to panic because the endurance of investor is something that gives profit in cryptocurrency especially bitcoin holding

Its not very important anymore, it got less important with every halvening and people never adjusted for that factor of decline in how they rate halvening effects.   ETF news and almost anything else globally economically significant is of more importance to the Dollar and so likelihood of BTC prospects and price targets like this.

If Federal reserve performs no interest cuts this year defying expectations of many market operators you will have a far greater effect in play then the already known halvening effect.   If DXY Dollar index dips below 100 now, thats big to me and could be a downtrend and that also would matter more then purely the news within BTC.  
 Also the 2024 year in the title is the surprising part to me because its asking for too much too soon, even if you attribute a great significance to halvening then its not this year that matters.   The event itself alters block reward then it only starts to matter afterwards, every 10 minutes it counts a little bit more.  

Even a dripping tap will fill a bucket its true it can matter in time, but thats 2025 imo and beyond.  Speculators move in anticipation of that tightening move in the protocol but thats how we explain todays price not trip ourselves up over expecting future gains.   Its a little too much without greater justification I dont think 190k this cycle at all but sure its possible in future.

Didnt realise the halving date has been moved up, it was estimated at being April 20th, but I guess with the extra hashpower we are going to get there much earlier.

Its impossible to say what price we will get. When we were at $74K everyone was calling for $1M bitcoin because Blackrock was adding almost $1B a day, and now the flows are flat. Last week everyday we got negative flows and we only got single digit inflows to the large BTC ETFs.

Maybe its like it was after the ETF launch, it stalled but later on the dip it started to accelerate and we broke the ATH. We will see what this week will bring. But lately too many people are being bearish and called the $74K as the top.

Yea I am optimistic too actually. Look at how the market jumped from ~$40k to ~$74k
in a matter of weeks! If it wasnt for all the ETF approvals I would say $190k was absolutely
pie in the sky prediction but because of the buy pressures from ETF's going forward and
the cut in block reward I think we can reach $190k!

As for price plans dor selling - I dont have any, I'm certainly not setting it at $190k,
that might very well be selling too early, I will wait and see where we end up early 2025 I think.

I think the 190K prediction seems ambitious but not entirely implausible given the market dynamics and potential for increased adoption. I sold when it hit a new ATH this year but I sold it even lower. I really expected it to reach the 100K mark but it didn't, and then it bounced back. I said to myself that if it doesn't continue rising, I'll take profit for now and just save again to be able to handle the next increase and if it creates a new ATH again.

Too generous. Even if we do go past 100k for the next period, I reckon it won't go past 150k. The increments in which the market grows get smaller and smaller every time it happens imo, so I don't think it's realistic to expect 190k in a year. Well if you consider how there's a lot of other predictions higher than that then I guess it looks pretty normal but well, price doesn't change based on how high peoples predictions are.

As for selling, well, I'll sell when I want to. I'd probably take a profit at $100k or something then wait a couple of months before investing again but hey, things change so who knows.

Oh no we are in 2024 already and bitcoin is already making moves to record another unprecedented price movement that will take the community by surprise,  although we can't tell when and how that is going to play out but one thing for sure is that bitcoin is going to record another price benchmark that will be a record price.

For me $190k bitcoin price in 2024 I a good speculation and with all the available data's that shows the possibilities of achieving that price before the year runs out, since bitcoin halven will happen in the first quarter of 2024 and we still have more than 6 month before 2024 plays put, 6 month is a good enough time after bitcoin halven to build the price into a full bull market.