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Topic: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised? (Read 756 times)

sr. member
Activity: 1666
Merit: 453
With the amount of speculation like that, there are many communities in this crypto industry that have assumed that this will actually be the price value of Bitcoin, even though in reality it still remains a prediction or speculation. Although there is nothing wrong with believing, especially if you are a long-term investor, you will not be affected by these situations.

There are quite a few forecasts that are even higher than 100k$ because the others are said to be at 140k$–160k$ or more before the end of 2024. There are too many people who give predictions, and if you don't know anything about the movement in the market, for sure they will believe the speculations of other crypto traders. But anyway, let's see what will happen in the future or next year.
hero member
Activity: 2548
Merit: 533
Yes, Bitcoin price may reach 100,000 by the end of 2024. However, there has been no prospect of a bull market in the Bitcoin price for quite some time now, and currently the Bitcoin price has dropped below 26k. But still there will be a bull market with high Bitcoin prices in the future, almost everyone knows that, and this will happen, and by 2025 the price of Bitcoin will reach an all-time high.
This year there probably won't be big bulls or such a significant increase in price, because Bitcoin still needs a gradual price increase every month and it still has to take until next year for there to be a calculation of the bullish rate through the current price in the market from the lowest price. in this year to the highest price at the end of this year or early next year. So as long as there isn't a significant price fix in the market for Bitcoin, I won't talk about the possibility for $100K by the end of 2024.
I would guess that it will not have a huge increase but it will end with over 30k if you ask me. The reason why I think like this is because I think it is going to be a bit different to some people and we should remember that i its not going to be that easy to handle.

Of course some people may think that it will do well enough but the reality is that we are not going to end up with a good thing one way or another, it is going to end up with a situation where it will make a bit of a different perspective. The next year on the other hand is a good one and we should be seeing some big increases one way or another, and we should be considering halving as a good thing that will make the price start going up in the near future.
Basing up on Q4 on 2024 then we are already that post-halving time on which we know that anytime this is where bull run could possibly kicked in and having that 4x movement basing up on the price on where we are now then it would really be just that understandable that it could have those high chance knowing on how it moves whenever we are on a bull run market which $100k is something realistic compared into those $1M price predictions which is really just that too much or absurd. This is why its better to make yourself that able to make positions and targets basing up with those realistic numbers. If you are holding for long term then this one wont really be that much of an issue.

This is why with the current price or value that we do have now then it would really be that better that you should really be that wise on taking some accumulation while its still cheap.
We arent still on a bull run yet which means that there's still time for us to be able to accumulate coins which you might really be ending up on getting those regrets if you had
realized that you had missed up some another opportunity to make profits.
sr. member
Activity: 2366
Merit: 267
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More and more are optimistic that in 2024 the price can reach $ 100k, of course this is reasonable because the number of bitcoin users continues to increase and the adoption or direct use for transactions is getting bigger, in 2024 there will also be a halving so that many people speculate to buy because after the halving will occur big increase.
The halving era will indeed occur in early 2024, and of course, this will trigger a movement towards improvement during this time. I think it's normal, and I really agree with you and many others that $100K is not too far-fetched for Bitcoin to reach it by the end of 2024. We also have to remember that this price was predicted to happen in 2021, but it didn't materialize.Everyone already knows about Bitcoin, and it is clear that as the halving era approaches, many will take action to encourage Bitcoin to immediately move in a positive direction because everyone knows how important Bitcoin is to them.
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
Yes, Bitcoin price may reach 100,000 by the end of 2024. However, there has been no prospect of a bull market in the Bitcoin price for quite some time now, and currently the Bitcoin price has dropped below 26k. But still there will be a bull market with high Bitcoin prices in the future, almost everyone knows that, and this will happen, and by 2025 the price of Bitcoin will reach an all-time high.
This year there probably won't be big bulls or such a significant increase in price, because Bitcoin still needs a gradual price increase every month and it still has to take until next year for there to be a calculation of the bullish rate through the current price in the market from the lowest price. in this year to the highest price at the end of this year or early next year. So as long as there isn't a significant price fix in the market for Bitcoin, I won't talk about the possibility for $100K by the end of 2024.
I would guess that it will not have a huge increase but it will end with over 30k if you ask me. The reason why I think like this is because I think it is going to be a bit different to some people and we should remember that i its not going to be that easy to handle.

Of course some people may think that it will do well enough but the reality is that we are not going to end up with a good thing one way or another, it is going to end up with a situation where it will make a bit of a different perspective. The next year on the other hand is a good one and we should be seeing some big increases one way or another, and we should be considering halving as a good thing that will make the price start going up in the near future.
hero member
Activity: 2520
Merit: 578
Yes, Bitcoin price may reach 100,000 by the end of 2024. However, there has been no prospect of a bull market in the Bitcoin price for quite some time now, and currently the Bitcoin price has dropped below 26k. But still there will be a bull market with high Bitcoin prices in the future, almost everyone knows that, and this will happen, and by 2025 the price of Bitcoin will reach an all-time high.
This year there probably won't be big bulls or such a significant increase in price, because Bitcoin still needs a gradual price increase every month and it still has to take until next year for there to be a calculation of the bullish rate through the current price in the market from the lowest price. in this year to the highest price at the end of this year or early next year. So as long as there isn't a significant price fix in the market for Bitcoin, I won't talk about the possibility for $100K by the end of 2024.
legendary
Activity: 1372
Merit: 2017
No, I am not surprised, as it is within normal post-halving predictions. I think we will get to that figure and pass it simply by experience of tracking markets in general and that of Bitcoin, without doing such detailed analysis as Standard Chartered. I guess that news is more appealing for those who don't know much about this world, as $100K is a round figure that draws attention, than it does from those of us who know it.
sr. member
Activity: 2618
Merit: 439
We have read many similar predictions by many market analysts and so-called Bitcoin enthusiasts about the bright future of Bitcoin. This is not surprising and this post is not a speculation post. What is surprising is that such kind of optimistic predictions is coming from one of the banking majors. The current banking turmoil has helped Bitcoin to win the trust of the people.

Read here: https://www.reuters.com/technology/bitcoin-could-hit-100000-by-end-2024-standard-chartered-says-2023-04-24/

Not all battles are fought on the battleground. Some are fought silently and patiently and time decides the winner. We are surely on the winning path!

Thoughts?

is there any thing that can hinder bitcoin from reaching that level mate? not Unless
there will be a worldwide problem like pandemic 2019 , surely bitcoin will reach that top
next year .
imagine we are just a year for that to come, how I wonder what would not believers feel when this happens?
legendary
Activity: 2296
Merit: 1176
I dont belive that Bitcoin price gonna reach $100k next year. Bitcoin is to bulky, to expensive to do that. For example this year it would be great if it would achive $30k. And that would be already a huge achievment. As it would basically do x3 in a year. But the gap between 30k and 100k is to huge. Again people would think that they did not have enough “cheap” bitcoin and push the price down. Again the price would jump here and there all the year.
sr. member
Activity: 1666
Merit: 453
Just now, I see that in the crypto community, many people really believe that by next year, 2024, in the last month of that year, Bitcoin will reach $100,000. Even though it is not certain that it will happen, the belief they hold about Bitcoin is just a prediction. It's not because I don't want to believe; of course I want that to happen, but not at the point where it will happen next year.

The only difficulty is that we predict what will happen in the future, and then what we expect to happen turns out not to happen. Isn't that the pain of that happening? It seems that the egg has not yet been broken, and the amount you will earn is counted first. Shouldn't we first go to it's too good to be true? Maybe the surprise we are waiting for is not something we will be happy about. So, it is much better not to expect anything, isn't it?
legendary
Activity: 2086
Merit: 1058
Its not a good idea to call a move before its really in shape and under way on a regular basis.  It could happen is to state the news that isnt new, BTC would not be at 26k if people didnt already accept this reality.
  The idea there is a strong enough bull market to produce any elaborated target higher is tenuous at the moment, it could happen so could a dozen other things and some of those are required first before BTC is likely able to rise such as a weaker dollar and greater takeup of BTC.  Until it happens they are manufacturing headlines and scenarios for the sake of their own publicity imo.
I would say that people are just making it like they know what's going to happen just so that if they are wrong nobody really shows them they were wrong but if they were right they could shove that to everyone face and say we were right and get more customers.

It's obvious that this may happen or may not happen and we do not know what's going to happen now but at the end of the day we are going to end up with a situation where it is going to be tough to handle and shouldn't really be worried about it. I think it is better to make a big return on this when the time comes and we need to end up with a result that will be a bit different. Hopefully it will get a lot better and we could do more on this subject whenever we can.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
Its not a good idea to call a move before its really in shape and under way on a regular basis.  It could happen is to state the news that isnt new, BTC would not be at 26k if people didnt already accept this reality.
  The idea there is a strong enough bull market to produce any elaborated target higher is tenuous at the moment, it could happen so could a dozen other things and some of those are required first before BTC is likely able to rise such as a weaker dollar and greater takeup of BTC.  Until it happens they are manufacturing headlines and scenarios for the sake of their own publicity imo.
member
Activity: 312
Merit: 18
#SWGT PRE-SALE IS LIVE
Yes, Bitcoin price may reach 100,000 by the end of 2024. However, there has been no prospect of a bull market in the Bitcoin price for quite some time now, and currently the Bitcoin price has dropped below 26k. But still there will be a bull market with high Bitcoin prices in the future, almost everyone knows that, and this will happen, and by 2025 the price of Bitcoin will reach an all-time high.
legendary
Activity: 2520
Merit: 1073
More and more are optimistic that in 2024 the price can reach $ 100k, of course this is reasonable because the number of bitcoin users continues to increase and the adoption or direct use for transactions is getting bigger, in 2024 there will also be a halving so that many people speculate to buy because after the halving will occur big increase.
I agree about the adoption but not when you say BTC is being used directly. Until now there is only 3 countries if I am not wrong who made BTC a legal tender. The numbers hardly move. It is seems that more people are more fond of using BTC as an asset more than a currency. There is a halving in 2024 but if there are no halvings won't those people buy? That's a wrong mentality when it comes to investing and getting rich. And what if after halving, there are no price increases that happen?

These could cause disappointment for them. No @OP I am not surprised about it anymore and many people too. There's even people who said that $100k is possible this year.
legendary
Activity: 3500
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
Not really, I do think that it will go up to that in 2024, that is a good and realistic approach. He didn't say this month, or even this year, he didn't even say next year exactly, he said it will be by the end of 2024, so when we are closer to 2025, that means it is going to have like a full 6 months give or take after the halving as well. That is quite possible and I think it will happen.

I personally believe going just like %30 above the ATH price after another halving is not unlikely, it is what the expectation is and I believe that will happen. I know that many people are expecting it to be a lot different and they want it to be something quite different in the end, but I think that's not going to be the case, we will see 100k by the end of 2024.
hero member
Activity: 2842
Merit: 772
I think it is very realistic that in 2024 the price can reach $100k, besides that the number of users continues to increase and the natural demand will continue to increase, and of course in 2024 there will be a major event namely the halving which will usually pump at least 50% in a short time.
agree, it is very likely that in the next bull run bitcoin price will cross $100k. The ATH in the previous bull run was $ 65k and the data shows that in every bull run the price of bitcoin always exceeds 2x the previous ATH. I think the bottom price for bitcoin in the next bull run will be in the $65k range.

$100k is a pretty modest target for bitcoin's potential. In 2021, bitcoin could rise from as low as $3k in 2018 to $69k. There's no reason why bitcoin can't break through $100k during the upcoming bull season. I'm more optimistic than a lot of people here when they expect the $100k target. I guess bitcoin will cross the $200k mark because in 2025, I also believe the world economy will recover, and people will be more eager to invest at that time.

Yes, and even in the pandemic, the price rose from $3k to our all time high of $69k so that is a big jump. So from $69k to 6 digits figure? yeah why not and as you have said, it could be just a modest estimates. Not just you though, everyone is optimistic that we can get that price in 2024.

If everything is ripe, then $150k could also be open for us. And if ever the world economy recovers in 2025, then it will be the best time to invest as well to bitcoin and crypto in that year so that least we cover what we have lost in this bear market.
sr. member
Activity: 714
Merit: 253
I think it is very realistic that in 2024 the price can reach $100k, besides that the number of users continues to increase and the natural demand will continue to increase, and of course in 2024 there will be a major event namely the halving which will usually pump at least 50% in a short time.
agree, it is very likely that in the next bull run bitcoin price will cross $100k. The ATH in the previous bull run was $ 65k and the data shows that in every bull run the price of bitcoin always exceeds 2x the previous ATH. I think the bottom price for bitcoin in the next bull run will be in the $65k range.

$100k is a pretty modest target for bitcoin's potential. In 2021, bitcoin could rise from as low as $3k in 2018 to $69k. There's no reason why bitcoin can't break through $100k during the upcoming bull season. I'm more optimistic than a lot of people here when they expect the $100k target. I guess bitcoin will cross the $200k mark because in 2025, I also believe the world economy will recover, and people will be more eager to invest at that time.
legendary
Activity: 3080
Merit: 1131
well , there are chances but I am not holding onto that ,
instead what I want to believe is that in 2025 at least in the early stage that the ATH will be once again broken .
100k will be there and maybe at least 110k to be the most?
if this is going to happen then I must be ready and willing to wait .
The end of 2024 and 2025 are almost a little away but where is the right time to return to the price of 100K is still a mystery, but it is possible that in these two years bitcoin can reach its highest point again.

110K ? I think bitcoin can go through that, but the most predictions are more than that because it has increased from before, it can go through many times, so I say 150K is still very possible to achieve.

I am optimistic that it will happen, of course we have to wait for the time to come but for the next year it is still far away, and believe me that 2024/25 is bullish to come.
Try to read up this article.
Possible target point basing up on charts would be $300k
https://coinpedia.org/news/tone-vays-predicts-bitcoin-btc-price-breakout-to-300k-with-timeline-heres-the-timeline/

$100k price wouldnt really be that much a resistance but well we do know that speculative approach wouldnt really be that 100% precise but this is something more realistic for it to hit on that bull run
rather than on that $1M inside on 90 days on this year alone which even on dreams it couldn't really happen at all.

This is why if you do really believe on Bitcoins potential then this time would be the best time on accumulating as much as we could.No one could predict the future
but dont make yourself regret again just because you have hesitated on which it caused for you to miss the train once again.
legendary
Activity: 2352
Merit: 1041
Smart is not enough, there must be skills
well , there are chances but I am not holding onto that ,
instead what I want to believe is that in 2025 at least in the early stage that the ATH will be once again broken .
100k will be there and maybe at least 110k to be the most?
if this is going to happen then I must be ready and willing to wait .
The end of 2024 and 2025 are almost a little away but where is the right time to return to the price of 100K is still a mystery, but it is possible that in these two years bitcoin can reach its highest point again.

110K ? I think bitcoin can go through that, but the most predictions are more than that because it has increased from before, it can go through many times, so I say 150K is still very possible to achieve.

I am optimistic that it will happen, of course we have to wait for the time to come but for the next year it is still far away, and believe me that 2024/25 is bullish to come.
donator
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The biggest surprise to me about everyone calling for a $100K Bitcoin next year is what they must be predicting for 2025. If we do see a $100L BTC in 2024, I would think the bubble coming in 2025 would have to be close to a million. While I might have believed that 5 years ago, the FTX madness in 2021 likely redirected Bitcoin’s trajectory lower in the future (as in not into the millions so soon).
full member
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I think it is very realistic that in 2024 the price can reach $100k, besides that the number of users continues to increase and the natural demand will continue to increase, and of course in 2024 there will be a major event namely the halving which will usually pump at least 50% in a short time.
agree, it is very likely that in the next bull run bitcoin price will cross $100k. The ATH in the previous bull run was $ 65k and the data shows that in every bull run the price of bitcoin always exceeds 2x the previous ATH. I think the bottom price for bitcoin in the next bull run will be in the $65k range.
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