Bitcoin 190K in 2024? - page 8. | Bitcointalksearch.org

Asiska02

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Quote from: tsaroz on March 24, 2024, 08:21:15 AM

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?

This upcoming halving is not an exception for the expected increase in price of bitcoin as it has always been. 190K is a reasonable price to me and bitcoin could come close to that price if not reaching it actually. So many price predictions and anticipation for what the next all time-high of bitcoin will be, it is just a matter of time until it happens, but bitcoin will surely surpass 100K and have a six figures as its new price.
For every bitcoin holder, every of them will love to sell when they’re on profit and when not on loss. What will differ in the accumulated profit to be be gained lies in their level of greed and profitability skill through understanding of the market movement.

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Quote from: tsaroz on March 24, 2024, 08:21:15 AM

Is 190K too humble or very generous in your consideration? What's your price plans for selling your holdings?

It's too bullish but it could go to more than $100k as BTC adoption spreads wider. After halving also the TA guys are still predicting the market to still be very bullish in 2025. Its going to be a surprise for its not the regular cycle but if the price goes to $150k by 2025, I think you could consider selling already, I'm sure it's a big profit for anyone who has been holding for the duration of this bull market.

famososMuertos

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The current ATH arrives at an "unexpected" moment: pre-Halving, that is unprecedented, and the selling situation, that has stay to a base (+60k) , which is important, since it has put on uncertainty, for those users who wanted "flats" between 20k-40k.

2024,190k; no
2024,>60k<=100k;yes

Zaguru12

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Quote from: tsaroz on March 24, 2024, 08:21:15 AM

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.

First your date seems to be off but that’s probably because there isn’t an exact date for when the halving will occur the only exact information is that the halving happens at 210,000 blocks apart from each halving. The last halving was at block 630,000 and the next is to happen at 840,000. So this is more accurate than a date that can change due to difficulty adjustment.

Your $190k seems a bit way above any technical analysis chart I have been seeing, in fact it’s above most of other analysts prediction for the next ATH till next halving but as it is a prediction and no prediction is bad. Moreover the market has been changing and not following the past tend fully due to ETF causing a FOMO, but my prediction will be a $100k for the year and $170k for the new ATH till next halving

tsaroz

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Quote from: Alphakilo on March 24, 2024, 08:27:32 AM

I like prediction models. They give us a feel for what we should be expecting. However for the model to be accurate, it should give us a range and not a particular price. Did this prediction model say the 190k will be achieved by December 2024 or immediately after the halving. It's like that it would be by December but not a week or two after the halving.

Quote from: AbuBhakar on March 24, 2024, 09:55:11 AM

I’m interested to know how they come up with 190K prediction because the typical price target using the past crypto cycle of doubling the ATH is just around 140K and this is my basis too instead of using exaggerated price predictions.

Quote from: PX-Z on March 24, 2024, 09:50:45 AM

Wild price predictions without any supporting details just vague statement are somewhat useless. Price did not even reached 100k for people to have a conclusion of 190k bet.

It was a model that compared price one year ahead and one year after halving. The price prediction they claimed is for April 2025.
In past, there were slight correction after each halving but price changes are a bit different each time.

Quote from: crwth on March 24, 2024, 08:49:07 AM

$190K is too generous IMO. It's more than double the current ATH.
What about you OP? What price plans do you have?

I plan to sell most of it just below 150K. That would be a humble target in my guess. It would not be wise to sell all of it or stay put all of it when the price falls. There ought to be a fall after the high rise and if I get to sell in a higher price, I might be able to buy twice that coins when they fall.

Quote from: DanWalker on March 24, 2024, 09:38:58 AM

$190k is not a very high target for bitcoin in this bull cycle. Personally, I am optimistic and believe that bitcoin can reach that number but I don't think it will happen this year. I predict that 2025 will be a boom year for bitcoin and the entire cryptocurrency market and we will see bitcoin reach its ATH in 2025 instead of later this year.

In addition, I am also optimistic that this bull cycle will last longer than the previous ones because we have many catalysts in this bull run. I consider this a super bullish cycle.

Considering the last bull, we have a large increase in institutional investors and the total liquid coins haven't increased as much. A super bull is not a far dream. 2025 could be it considering it takes some time after the halving for it to show on price.

AbuBhakar

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Quote from: tsaroz on March 24, 2024, 08:21:15 AM

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?

An you provide the prediction model that shown a 190K target on 2024 because you are just using Bitcoin halving as reference to your prediction while you provide an exact target price that can’t be justified by your current thread.

I’m interested to know how they come up with 190K prediction because the typical price target using the past crypto cycle of doubling the ATH is just around 140K and this is my basis too instead of using exaggerated price predictions.

PX-Z

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Quote from: tsaroz on March 24, 2024, 08:21:15 AM

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?

Wild price predictions without any supporting details just vague statement are somewhat useless. Price did not even reached 100k for people to have a conclusion of 190k bet.

DanWalker

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Quote

Bitcoin 190K in 2024?

$190k is not a very high target for bitcoin in this bull cycle. Personally, I am optimistic and believe that bitcoin can reach that number but I don't think it will happen this year. I predict that 2025 will be a boom year for bitcoin and the entire cryptocurrency market and we will see bitcoin reach its ATH in 2025 instead of later this year.

In addition, I am also optimistic that this bull cycle will last longer than the previous ones because we have many catalysts in this bull run. I consider this a super bullish cycle.

btc78

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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.

crwth

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$190K is too generous IMO. It's more than double the current ATH. This year, it can reach at some point in time but that's just wishful thinking, you know. I do believe that it could reach around $100K-150K just because of the charts that have been following the halving trend for years. I don't plan to sell my current stack, I just intend to HODL.

What about you OP? What price plans do you have?

pooya87

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Quote from: tsaroz on March 24, 2024, 08:21:15 AM

And many prediction models place the future price of bitcoin into 190K.

I don't think the peak (specially if we are looking at top of a bubble not just a normal rise) has ever been predictable with any kind of model. The closest thing we had was the one with the cycles which no longer applies ever since COVID recession destroyed global economy.

Quote

Is 190K too humble or very generous in your consideration? What's your price plans for selling your holdings?

Why would I want to plan on selling my coins at any predefined price? I spend them if the opportunity arises at any time and during bull markets I'm more willing to do so. That's all.

rodskee

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Quote from: Alphakilo on March 24, 2024, 08:27:32 AM

Quote from: tsaroz on March 24, 2024, 08:21:15 AM

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?

I like prediction models. They give us a feel for what we should be expecting. However for the model to be accurate, it should give us a range and not a particular price. Did this prediction model say the 190k will be achieved by December 2024 or immediately after the halving. It's like that it would be by December but not a week or two after the halving.

While we love seeing such prediction but 190k just this year seems to be a little exaggerated ,
I am a bitcoin supporter and even a holder to call my strategy but i don't wanna hurt myself from
believing this that over from what can bring, but if we are talking about till 2025? then my views
are different and indeed that its been telling by others that 200k is on the way
..

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Quote from: tsaroz on March 24, 2024, 08:21:15 AM

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?

I will ladder up starting at 77777 to 111111. I will hodl most of the coins even if we go to 111111

Alphakilo

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Quote from: tsaroz on March 24, 2024, 08:21:15 AM

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?

I like prediction models. They give us a feel for what we should be expecting. However for the model to be accurate, it should give us a range and not a particular price. Did this prediction model say the 190k will be achieved by December 2024 or immediately after the halving. It's like that it would be by December but not a week or two after the halving.

tsaroz

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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?

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