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Topic: Bitcoin Prediction 2024 - 2025 (Read 1751 times)

legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
November 12, 2024, 01:26:20 PM
What we are seeing today is a great time to enter a bull market where perhaps a Trump win could lead the market to become truly bullish, is it time to see history repeat itself?  Huh

Hopefully, many (if not most?) of us are already in, yet surely anyone who is not in, probably should get some kind of a bitcoin position since the ONLY way to prepare for UP is to have some BTC.

Of course, there will be also folks who might consider waiting to be a strategy, yet waiting as a strategy ONLY works if the BTC price ends up correcting back down, waiting is no way to prepare for UP for either a low coiner and especially not a no coiner.

An overwhelming majority of the world is either low coiners or no coiners, and many of the low coiners do not realize their own low coiner status..
I think this is where we will start to see full bullish and altseason has started, btw if we look back at the history of this cycle, it seems that if the bitcoin price increase really happens this November of course you will see that the charts will be very similar to the weekly charts in November 2020 to 2021, it seems that this similarity may not be too similar but it is almost not much different from 2024 and 2025 which is currently happening, so the charts can be a benchmark for anyone to prepare when to take profit and exit the trade, lol
legendary
Activity: 3892
Merit: 11105
Self-Custody is a right. Say no to"Non-custodial"
November 06, 2024, 03:06:41 PM
What we are seeing today is a great time to enter a bull market where perhaps a Trump win could lead the market to become truly bullish, is it time to see history repeat itself?  Huh

Hopefully, many (if not most?) of us are already in, yet surely anyone who is not in, probably should get some kind of a bitcoin position since the ONLY way to prepare for UP is to have some BTC.

Of course, there will be also folks who might consider waiting to be a strategy, yet waiting as a strategy ONLY works if the BTC price ends up correcting back down, waiting is no way to prepare for UP for either a low coiner and especially not a no coiner.

An overwhelming majority of the world is either low coiners or no coiners, and many of the low coiners do not realize their own low coiner status..
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
November 06, 2024, 01:11:44 PM
What we are seeing today is a great time to enter a bull market where perhaps a Trump win could lead the market to become truly bullish, is it time to see history repeat itself?  Huh
full member
Activity: 126
Merit: 93
November 05, 2024, 07:00:59 AM
I think it should be unobservable for bitcoiners what the price might be in any given year.
All our focus should be on investment only. But there are many of us investors who are only interested in hitting $100k. They plan to sell as soon as they hit $100k. Bitcoin does not run at the behest of anyone. Bitcoin is independent. We can only hope. Bitcoin will not let us down in the future.
Everyone has a specific plan before investing even before they invest they set a specific time frame of how high they will sell the bitcoin price. After the investment, if their Bitcoin investment increases and reaches the expected value, they may then sell their investment to make a profit. So maybe those who are thinking of selling Bitcoin after it hits $100k may have thought of selling after profiting from their investment.
Yes everyone has their own decision in investment it's true and don't mix other investments in bitcoin because bitcoin can help you to be like a huge horizon.
Where you can start depositing bitcoins and that deposit is from your discretionary money, you shouldn't just lock yourself into the $100k price trend. When you deposit bitcoin regularly with DCA strategy without considering the market price situation you should not decide to withdraw as you mentioned you should take long term saving strategy like multiple cycles or more cycles as age or health condition.

If you have a guaranteed income alternative then you should stick with depositing Bitcoins in the DCA method as your health or age is going to be active and Bitcoin holdings are going to be much more positive for the future.
sr. member
Activity: 588
Merit: 438
Forum Only For Fun
November 05, 2024, 03:40:12 AM
Everyone has a specific plan before investing even before they invest they set a specific time frame of how high they will sell the bitcoin price. After the investment, if their Bitcoin investment increases and reaches the expected value, they may then sell their investment to make a profit. So maybe those who are thinking of selling Bitcoin after it hits $100k may have thought of selling after profiting from their investment.

Not all long -term investors will take such actions. Maybe only some of them did it because their goal of investing was not like the user of long -term investors who were experienced. Long -term investors in experienced bitcoin may not be too concerned when prices rise only a few percent but they want to new ATH. If the new ATH target is for example $ 100,000, then they will wait and hold even though it takes about four years like the four -year cycle.
This also applies to individual investors.
newbie
Activity: 4
Merit: 0
November 05, 2024, 12:34:39 AM
I think it should be unobservable for bitcoiners what the price might be in any given year.
All our focus should be on investment only. But there are many of us investors who are only interested in hitting $100k. They plan to sell as soon as they hit $100k. Bitcoin does not run at the behest of anyone. Bitcoin is independent. We can only hope. Bitcoin will not let us down in the future.
Everyone has a specific plan before investing even before they invest they set a specific time frame of how high they will sell the bitcoin price. After the investment, if their Bitcoin investment increases and reaches the expected value, they may then sell their investment to make a profit. So maybe those who are thinking of selling Bitcoin after it hits $100k may have thought of selling after profiting from their investment.

@Student of Bitcoin Your understanding seems to be a bit wrong. True investors never invest on a fixed time basis. Investors who attend bitcoin forums do so at least for a long time. But if someone invests for a fixed period of time, they are not called investors, they are called traders. Such traders never invest. They do market analysis.

However, it is impossible to say who needs what type when. So investors sometimes sell when the price is good (to meet their own needs). Which was never forbidden.
legendary
Activity: 3892
Merit: 11105
Self-Custody is a right. Say no to"Non-custodial"
November 04, 2024, 11:14:10 PM
I think it should be unobservable for bitcoiners what the price might be in any given year.
All our focus should be on investment only. But there are many of us investors who are only interested in hitting $100k. They plan to sell as soon as they hit $100k. Bitcoin does not run at the behest of anyone. Bitcoin is independent. We can only hope. Bitcoin will not let us down in the future.
Everyone has a specific plan before investing even before they invest they set a specific time frame of how high they will sell the bitcoin price. After the investment, if their Bitcoin investment increases and reaches the expected value, they may then sell their investment to make a profit. So maybe those who are thinking of selling Bitcoin after it hits $100k may have thought of selling after profiting from their investment.

Long term investors may well not plan as specifically as you are ascribing to them, and frequently long term investors might be willing to be much more vague in their ideas about the specifics of either timeline or even price, so they might not pinpoint any kind of need to get out within a specific timeline or a specific price range as you are suggesting that "everyone" thinks like that, and perhaps a lot of folks who were so specific about their timeline and/or their price range would no longer be holding any BTC since they likely would have had sold too many too soon and then perhaps feeling like they screwed up.

Traders do think about specifics of their exit a lot more than investors, yet I would not even be suggesting that investors still need to know that they are able to sell their BTC if they need to, yet they might not feel any kind of urgent need to plan around conditions in which they are planning to sell their BTC.

Surely investors are going to be different based on their various individual factors too, so I would hate to completely lump investors into the same category.
newbie
Activity: 15
Merit: 1
November 04, 2024, 09:25:29 PM
I think it should be unobservable for bitcoiners what the price might be in any given year.
All our focus should be on investment only. But there are many of us investors who are only interested in hitting $100k. They plan to sell as soon as they hit $100k. Bitcoin does not run at the behest of anyone. Bitcoin is independent. We can only hope. Bitcoin will not let us down in the future.
Everyone has a specific plan before investing even before they invest they set a specific time frame of how high they will sell the bitcoin price. After the investment, if their Bitcoin investment increases and reaches the expected value, they may then sell their investment to make a profit. So maybe those who are thinking of selling Bitcoin after it hits $100k may have thought of selling after profiting from their investment.
sr. member
Activity: 392
Merit: 350
November 04, 2024, 08:36:06 PM
Yes for us investors it is not observable how Bitcoin will do in 2025 and how the price may be. We should be more focused on investing. They need to get Bitcoin pre-emigration in 2025.
As an investor, it's not about seeing how high or how low the price of Bitcoin has gone. The main goal as an investor is to buy bitcoins regularly And buy more bitcoins. I always follow this quote from Michael Saylor when it comes to investing.
Quote
SAYLOR: “I bought Bitcoin, my goal is to buy more Bitcoin.”
https://x.com/Cointelegraph/status/1853323796050260338?t=-ps8VksPBkDAIs_oscj8dQ&s=19
Quote
It is absolutely impossible to make predictions about Bitcoin, but we can expect that Bitcoin will be able to cross $120k in 2025. If it is more than that then it will be more than you expected. Some are saying bitcoin could hit $150k in a few days, that seems unrealistic to me. Will BTC Reach $150K in the Next Bull Run?
Since there is volatility in the market, no one can predict exactly how high or how low the price of Bitcoin will be, but we can only prediction that the price of Bitcoin will be positive in the future. So the thread you mentioned here about bitcoin price reaching $150k is based on speculation, Not for sure. If the price of Bitcoin reaches the mentioned price then it will not be surprising as we have observed many times that anything can happen at any time in the market. Especially when the price of Bitcoin was $0.10 dollars, no one could have imagined that the price of this Bitcoin would increase and touch $73 thousand dollars (New ATH). Also, many people still cannot imagine that the price of Bitcoin can be $150k dollars or more in the future.
newbie
Activity: 4
Merit: 0
November 03, 2024, 12:02:09 AM
Whether the price of Bitcoin is high or low, one goal as an investor should be to buy Bitcoin regularly. We do not know exactly how high the price of Bitcoin will reach in 2025, If we are able to patiently hold on to our Bitcoin investment until the next halving then success will surely come.

Yes for us investors it is not observable how Bitcoin will do in 2025 and how the price may be. We should be more focused on investing. But some of us investors are planning to sell in 2025 when Bitcoin crosses $100k. They need to get Bitcoin pre-emigration in 2025. It is absolutely impossible to make predictions about Bitcoin, but we can expect that Bitcoin will be able to cross $120k in 2025. If it is more than that then it will be more than you expected. Some are saying bitcoin could hit $150k in a few days, that seems unrealistic to me. Will BTC Reach $150K in the Next Bull Run?

I think it should be unobservable for bitcoiners what the price might be in any given year.
All our focus should be on investment only. But there are many of us investors who are only interested in hitting $100k. They plan to sell as soon as they hit $100k. Bitcoin does not run at the behest of anyone. Bitcoin is independent. We can only hope. Bitcoin will not let us down in the future.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
November 02, 2024, 12:36:54 PM
So after every bull run Bitcoin price has peaked so this opportunity is present in 2024. Because we are currently right in the pre-bull market period so it will depend and Bitcoin price is very likely to touch around 150k dollars.

I agree with that motion, but obviously this is conditioned, if this happens it is because obviously things will turn out very favorable, and on November 5th there will be a fundamental that will change the course of BTC, either accelerate it or put it lower, but something will happen due to the results of the presidential elections, and that is a total fact, I am not a politician, but obviously we all know who is for and against BTC And I would like the person who is in favor of BTC to win.
full member
Activity: 224
Merit: 128
Patience and hard work are the keys to success.
November 01, 2024, 11:37:43 AM
Whether the price of Bitcoin is high or low, one goal as an investor should be to buy Bitcoin regularly. We do not know exactly how high the price of Bitcoin will reach in 2025, If we are able to patiently hold on to our Bitcoin investment until the next halving then success will surely come.

Yes for us investors it is not observable how Bitcoin will do in 2025 and how the price may be. We should be more focused on investing. But some of us investors are planning to sell in 2025 when Bitcoin crosses $100k. They need to get Bitcoin pre-emigration in 2025. It is absolutely impossible to make predictions about Bitcoin, but we can expect that Bitcoin will be able to cross $120k in 2025. If it is more than that then it will be more than you expected. Some are saying bitcoin could hit $150k in a few days, that seems unrealistic to me. Will BTC Reach $150K in the Next Bull Run?
sr. member
Activity: 392
Merit: 350
October 31, 2024, 11:51:51 PM
Michael Saylor's owned MicroStrategy plans to raise $42B over the next 3 years to buy more Bitcoins. I think they might be planning their fund formation based on the US election forecast. However, many critics are predicting a massive fall in the value of cryptocurrency if Kamala Harris becomes president.
No that's not true, the MicroStrategy company didn't plan to build their fund based on US presidential election forecast, their main objective was to buy more bitcoins. This company has been continuously buying bitcoins since 2020, their total invested bitcoins are already 252,220BTC.
MicroStrategy in recent times ie MicroStrategy announced their quarterly financial results on October 31, 2024. It even plans to raise $42 billion in capital over the next three years to buy more bitcoins.
https://x.com/saylor/status/1851718391889043954?t=8-xXNGIVi0dgp0teMbCq0w&s=19

Quote
Price Discussions or Assumptions However as investors we should be more focused on Bitcoin accumulation as Bitcoin price is likely to reach $150-$220 in 2025 and with that target we should tend to accumulate Bitcoins in the DCA method.
Whether the price of Bitcoin is high or low, one goal as an investor should be to buy Bitcoin regularly. We do not know exactly how high the price of Bitcoin will reach in 2025, If we are able to patiently hold on to our Bitcoin investment until the next halving then success will surely come.
legendary
Activity: 3892
Merit: 11105
Self-Custody is a right. Say no to"Non-custodial"
October 31, 2024, 06:31:05 PM
What do you base your estimate on for Bitcoin price to reach $80-90k this year? You cannot just rely on one factor that because there are many people holding bitcoins, the price of bitcoin will definitely increase in the near future. I agree that the value of an asset is determined by supply and demand, but we need more catalysts than that if we want bitcoin price to rise. We cannot expect bitcoin price to increase when the world economy is unstable due to war, inflation...and that is exactly what we are experiencing.

Bitcoin is unpredictable and it all depends on the impact of the economy. I know people are relying on the past to make predictions but I do not rule out the possibility that the historical scenario may change.
I would say most of the people in the world think it will go up, and that could be the same reason. Normally during halving years, the year ends going up, and then the next year starts going up too and then maxes at a peak. This means, we need to go up this year, and we did, and we are nearly at 70k, check where we started the year and check where we are now.

So we just don't see a reason why that should drop, I get that it may not be great for some people, but I also understand it's still fine for most and shouldn't really be a big deal at all. If we have gone up so far, then there is no reason to not keep going up, we just believe what happened so far will continue to happen. And considering we are already at near 70k, then where are we going to go? We can't just go to 73k and call it a bull run, if there is a bull run that starts at 70k, then the price must reach 80 or 90 thousand dollars to call that a bull run. This is the simple logic for most bullish people.
I am not saying that bitcoin will not continue to rise or that the bull run is over, I like everyone expects bitcoin to rise more in the final months of the year and to explode even stronger next year.

But to me, it seems like people are too dependent on history and think it will always repeat itself but people forget that in previous bull cycles, we didn't have wars, we didn't have inflation, we didn't have crises...and like I said, all of those things can cause the market to change its behavior. What I mean is, history will change a little bit, maybe the bull season will come a little later because things are not like previous years.

Personally, I am still looking forward to the election results, further developments in the Iran-Israel war, and the Fed's rate cut. I believe all of these will have a significant impact and determine the direction of bitcoin. This has never happened in previous bull seasons and that is why I am worried that history may change somewhat.

You are deluded to the extent that you are trying to either suggest this time is different and/or to under appreciate bitcoin's pattern, and that is probably part of the reason that you have been around for a long time, yet you likely have been missing every single bullrun becuase you fail to invest into bitcoin and you are fucking around with shitcoins or trading, and through all of your history, you still have not figured out what is bitcoin.. .and you have failed, refused to prepare for UP, and you continue to rationalize your failure/refusal to prepare for up.

Just consider if you had not been so bearish on bitcoin, at minimum, you could have at least gotten some bitcoin in mid-to-late 2022 or even throughout a large portion of 2023, yet you likely fucked around and continued to fail/refuse to recognize bitcoin's upside potential.. and now BTC prices are not going back to those levels even though you likely sold too much too soon and/or failed/refused to buy.  and yeah, have fun staying poor, unless you change your tune and start to stock up on bitcoin. .at least you should be ahead of the game as compared to a lot of folks who have never gotten involved in bitcoin (the no coiners out there who still have not even touched dee cornz), yet you are likely going to be your own worst enemy with your ongoing failure to appreciate up and to overly emphasize downside scenarios that are way less likely to occur than you are expecting them to be.
sr. member
Activity: 938
Merit: 292
October 31, 2024, 06:01:08 PM

Everyone is talking about $100k and we haven't reached it yet, breaking a new ATH may be close, but if what happens after that is a politically motivated price drop, we may not see $100k in the current market period.

I think your idea will annoy investors, because the price of Bitcoin has nothing to do with political factors. You notice that during the bull market in the past there was no political issue when the price of Bitcoin increased. Of course we can cross $100K and reach $150K, it's just a matter of time. Because I am in the pre bull market or the first step which is October, because you will not be disappointed there are still 2 months left in 2024.  
So you look at the year 2020-2021 that was also the wrong run period and had a huge impact going into the next year. So accordingly we can definitely target the year 2025. Bitcoin price is most likely to touch $150k to $170k in 2025.


many Bitcoin experts think that if Trump wins the next US presidential election, Bitcoin will go higher, and if Kamala Harris wins, it will cause a dump for Bitcoin.



Bitcoin expert Michael Saylor also declared that Trump is a good candidate for Bitcoin development. If Trump wins, the value of Bitcoin will definitely increase relatively. Trump is a 90% good candidate for a positive movement in Bitcoin, and a Kamala Harris win could lead to a negative movement in Bitcoin.

Yes we will definitely see Bitcoin price go higher in 2025, as there is a strong possibility of a strong bull run next year, where we can see Bitcoin price even cross $150K. However, if Trump wins the election, the price of Bitcoin will increase more positively.
When one of the parties directly supports Bitcoin and if he comes to power then surely the price of Bitcoin will increase. Moreover, those who are big holders and supporters of Bitcoin are already giving direct support to Trump, that is, many can think that Bitcoin will win if Trump wins. But the point is that Bitcoin is not something controlled by the government.

I believe if Kamala Harris wins it is not a question of whether Bitcoin will be bearish again. If she  win, Bitcoin might not have grown as much as it would have. There will be a lack of confidence but Bitcoin will be bullish again. If Kamala Harris Wins The Upcoming Election? I think no party should be taken to the level of antagonism with Bitcoin over elections. If any party that comes to power that should be taken as a positive aspects for bitcoin, there will be no hindrance to bitcoin in the future. Whichever party comes to power, we can consider 2025 as one of the years ahead for Bitcoin.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
October 31, 2024, 02:36:56 AM
What do you base your estimate on for Bitcoin price to reach $80-90k this year? You cannot just rely on one factor that because there are many people holding bitcoins, the price of bitcoin will definitely increase in the near future. I agree that the value of an asset is determined by supply and demand, but we need more catalysts than that if we want bitcoin price to rise. We cannot expect bitcoin price to increase when the world economy is unstable due to war, inflation...and that is exactly what we are experiencing.

Bitcoin is unpredictable and it all depends on the impact of the economy. I know people are relying on the past to make predictions but I do not rule out the possibility that the historical scenario may change.
I would say most of the people in the world think it will go up, and that could be the same reason. Normally during halving years, the year ends going up, and then the next year starts going up too and then maxes at a peak. This means, we need to go up this year, and we did, and we are nearly at 70k, check where we started the year and check where we are now.

So we just don't see a reason why that should drop, I get that it may not be great for some people, but I also understand it's still fine for most and shouldn't really be a big deal at all. If we have gone up so far, then there is no reason to not keep going up, we just believe what happened so far will continue to happen. And considering we are already at near 70k, then where are we going to go? We can't just go to 73k and call it a bull run, if there is a bull run that starts at 70k, then the price must reach 80 or 90 thousand dollars to call that a bull run. This is the simple logic for most bullish people.

I am not saying that bitcoin will not continue to rise or that the bull run is over, I like everyone expects bitcoin to rise more in the final months of the year and to explode even stronger next year.

But to me, it seems like people are too dependent on history and think it will always repeat itself but people forget that in previous bull cycles, we didn't have wars, we didn't have inflation, we didn't have crises...and like I said, all of those things can cause the market to change its behavior. What I mean is, history will change a little bit, maybe the bull season will come a little later because things are not like previous years.


Personally, I am still looking forward to the election results, further developments in the Iran-Israel war, and the Fed's rate cut. I believe all of these will have a significant impact and determine the direction of bitcoin. This has never happened in previous bull seasons and that is why I am worried that history may change somewhat.
full member
Activity: 126
Merit: 93
October 31, 2024, 01:01:32 AM

Everyone is talking about $100k and we haven't reached it yet, breaking a new ATH may be close, but if what happens after that is a politically motivated price drop, we may not see $100k in the current market period.

I think your idea will annoy investors, because the price of Bitcoin has nothing to do with political factors. You notice that during the bull market in the past there was no political issue when the price of Bitcoin increased. Of course we can cross $100K and reach $150K, it's just a matter of time. Because I am in the pre bull market or the first step which is October, because you will not be disappointed there are still 2 months left in 2024.  
So you look at the year 2020-2021 that was also the wrong run period and had a huge impact going into the next year. So accordingly we can definitely target the year 2025. Bitcoin price is most likely to touch $150k to $170k in 2025.


many Bitcoin experts think that if Trump wins the next US presidential election, Bitcoin will go higher, and if Kamala Harris wins, it will cause a dump for Bitcoin.



Bitcoin expert Michael Saylor also declared that Trump is a good candidate for Bitcoin development. If Trump wins, the value of Bitcoin will definitely increase relatively. Trump is a 90% good candidate for a positive movement in Bitcoin, and a Kamala Harris win could lead to a negative movement in Bitcoin.

Yes we will definitely see Bitcoin price go higher in 2025, as there is a strong possibility of a strong bull run next year, where we can see Bitcoin price even cross $150K. However, if Trump wins the election, the price of Bitcoin will increase more positively.
Of course, it can be expected that the value of Bitcoin will increase further if the Republican candidate Trump wins the election. He is already being touted by some as crypto-friendly and has used cryptocurrency in his election campaign.

Michael Saylor's owned MicroStrategy plans to raise $42B over the next 3 years to buy more Bitcoins. I think they might be planning their fund formation based on the US election forecast. However, many critics are predicting a massive fall in the value of cryptocurrency if Kamala Harris becomes president.

Price Discussions or Assumptions However as investors we should be more focused on Bitcoin accumulation as Bitcoin price is likely to reach $150-$220 in 2025 and with that target we should tend to accumulate Bitcoins in the DCA method.



source: coindesk.com

full member
Activity: 532
Merit: 229
October 31, 2024, 12:21:03 AM

Everyone is talking about $100k and we haven't reached it yet, breaking a new ATH may be close, but if what happens after that is a politically motivated price drop, we may not see $100k in the current market period.

I think your idea will annoy investors, because the price of Bitcoin has nothing to do with political factors. You notice that during the bull market in the past there was no political issue when the price of Bitcoin increased. Of course we can cross $100K and reach $150K, it's just a matter of time. Because I am in the pre bull market or the first step which is October, because you will not be disappointed there are still 2 months left in 2024.  
So you look at the year 2020-2021 that was also the wrong run period and had a huge impact going into the next year. So accordingly we can definitely target the year 2025. Bitcoin price is most likely to touch $150k to $170k in 2025.


many Bitcoin experts think that if Trump wins the next US presidential election, Bitcoin will go higher, and if Kamala Harris wins, it will cause a dump for Bitcoin.



Bitcoin expert Michael Saylor also declared that Trump is a good candidate for Bitcoin development. If Trump wins, the value of Bitcoin will definitely increase relatively. Trump is a 90% good candidate for a positive movement in Bitcoin, and a Kamala Harris win could lead to a negative movement in Bitcoin.

Yes we will definitely see Bitcoin price go higher in 2025, as there is a strong possibility of a strong bull run next year, where we can see Bitcoin price even cross $150K. However, if Trump wins the election, the price of Bitcoin will increase more positively.
sr. member
Activity: 784
Merit: 372
October 30, 2024, 06:39:56 PM

Everyone is talking about $100k and we haven't reached it yet, breaking a new ATH may be close, but if what happens after that is a politically motivated price drop, we may not see $100k in the current market period.

I think your idea will annoy investors, because the price of Bitcoin has nothing to do with political factors. You notice that during the bull market in the past there was no political issue when the price of Bitcoin increased. Of course we can cross $100K and reach $150K, it's just a matter of time. Because I am in the pre bull market or the first step which is October, because you will not be disappointed there are still 2 months left in 2024.  
So you look at the year 2020-2021 that was also the wrong run period and had a huge impact going into the next year. So accordingly we can definitely target the year 2025. Bitcoin price is most likely to touch $150k to $170k in 2025.

sr. member
Activity: 2366
Merit: 448
Enjoy 500% bonus + 70 FS
October 29, 2024, 08:21:36 AM

So we just don't see a reason why that should drop, I get that it may not be great for some people, but I also understand it's still fine for most and shouldn't really be a big deal at all. If we have gone up so far, then there is no reason to not keep going up, we just believe what happened so far will continue to happen. And considering we are already at near 70k, then where are we going to go? We can't just go to 73k and call it a bull run, if there is a bull run that starts at 70k, then the price must reach 80 or 90 thousand dollars to call that a bull run. This is the simple logic for most bullish people.

Well we are already around $71k, it is something incredible, it can still continue to rise much more, I just hope that this time it is the new range at that price, this is good for those who have slowly hodl, we are about to reach the ATH, it seems that the whales are deciding to move there much more, I just hope that by November 5th things do not go down Due to any result of the US elections, I like how the market is shaping up, it is very interesting and exciting.
Yes, I also think that the price of Bitcoin is likely to reach ATH. And currently there are many narratives circulating on the internet, social media and also several sites that predict or guess that Bitcoin is likely to reach ATH in the near future, or maybe even exceed it. Although Fomo, but I am optimistic to reach ATH I think it will happen in the near future and maybe this optimism is the same as those who still hold their ownership who expect that the price of Bitcoin will reach 100K or more which will happen in the near future.

And the US presidential election which will take place on November 5, 2024, is likely to bring a little uncertain sentiment to the global financial market, which might make investors more cautious. But remain optimistic that it will eventually improve and this will be exciting.
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