Topic: Bitcoin Prediction 2024 - 2025 - page 2. (Read 1751 times)

I really don't expect the momentum of the price increase that is happening to be damaged by the election results that will occur. Even if it affects Bitcoin market sentiment, I hope it will be positive.
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.

Yeah truly incredible to the fact that we are now near to break the past ATH. This also mean that those speculation for bitcoin to reach at 6 digits has still a chance to happen. But again let see until when we could able to see this incredible run happening with bitcoin today. Since lots of people got hype with this situation already.

Although we see those price we should not get bothered with it and continue to accumulate since I believe there would be more figures to show up in future so provably holders could earn more compare if they sell early. Also speculating about what will happen once election date come if we can see a pump after Trump win or things we don't like if Harris take the seat.

Considering the investment in Bitcoin, you can never buy or sell at your own choice, you have very limited space to feel comfortable and you have to regret it most of the time. If I tell you my own experience when I buy price starts going down the moment after I buy it. While investing in Bitcoin I have noticed through market analysis that if an investor can continue to deposit Bitcoin using the DCA method he can be largely risk free if he can deposit for multiple cycles or more.

Due to investment fear we tend to miss many big events of Bitcoin such as price correction period and waiting for more dips and wasting time related to investment etc. Everyone can make assumptions about the price of Bitcoin but to evaluate how much it reflects in reality every investor should have a tendency to deposit Bitcoin regularly and be able to get a holding.

That's true most folks endup regretting after taken such decisions, and i am also a victim of such , back then when bitcoin price was around the price range of $25k I had some portion of bitcoin then I was keeping, but due ignorance I sold it all when I heard that Bitcoin might dip to the price range of $10k , and I easily believed it because I don't have any solid knowledge about Bitcoin then only sees as a form investment only then .

Guess what I waited for the dip and guess what it never happened, I was even lucky that I decided to start accumulating last year again , may be by now I would have been waiting for something that may never happen in a long run , the fact is that no one can tell the future of Bitcoin, but no matter how we see it Bitcoin still possess some nice potential to something wonderful in the future, but because there's no guarantees, that's why we must accumulate without been too aggressive, just to position ourselves for the up .

I like the term of an "arithmetic bet". It says it all. Do I believe that it is more likely for BTC to go from 70k to 35k or from 70k to 140k? I am not saying that a downtrend is impossible, but if I had to make the choice right now or someone shoots me in the head, I would go with 140k. If we say that the lower boundary is zero and the upper boundary is undefined, there clearly is asymmetry to the advantage of the investor in my opinion. If I put in $1,000 now, what's the worst that can happen? It goes to zero and this is extremely unlikely, albeit not impossible. But do I really care when BTC goes to 50k? Not really because I didn't invest thinking that from here the only, and very only way is up. But in general the chances for it to go up outweigh the chances for it to go to zero by far.

In my personal opinion, I would rule out the possibility that we every go below 30k again unless a major unforeseen comes into play and I give that very little chance. Hence, it works like a mental insurance that in my worst case scenario, I would still be left with close to 50% of what I have put in. Is this worst case scenario worth it to be prepared for the best case scenario? Absolutely.

If someone told me to flip a coin and I lose half my investment if tails comes up, but I gain an unknown multiplier from 1x to Xx if heads comes up, I would go with it. Predicting anything for a timeline of 6-12 or even 18 months is pretty much wild guessing. That's why I like charts like this one where you can see whether the real guys are more or less accumulating (with some deviations of course) or whether they are unloading like crazy because they think bitcoin has no future. All these charts are very stable, it counts for all wallet sizes.



Sometimes some people take profits, sometimes whales might as well consolidate wallets or as well split them up because BTC has become more valuable and they want less BTC to be sitting in one wallet. But in general the graphs look stable.

To me, it sounds like you Marvell1 are not really very well prepared for UP.. just in case..

That is your choice, and through the years, I have seen it over and over and over with folks proclaiming the top is in and the top is not going to be very much and blah blah blah.. Those guys too busy naysaying bitcoin and failing/refusing  to sufficiently/adequately prepare for up.  Thereafter, many of them have regrets because either they sold too much too soon or they failed/refused to buy even close to as many BTC as they could have had bought.

Sure, even relatively whimpy investors are going to end up doing way better than the no coiners, yet it seems that there are so many folks who are smarter than the bitcoin investors and those of us who are mostly accumulating bitcoin, including investing in relatively aggressive ways.  \

There are ways to invest into bitcoin fairly aggressively without going overboard, yet no one can really advise specifics in regards to how aggressive is enough.. whether it is 5% of income or 25% of income that goes into bitcoin or some other amount.

Of course, we are also limited by our discretionary income, so we cannot invest beyond our discretionary income by using money that we need for our expenses, so no one is going to really be able to measure how much is enough to be investing, just in case we might not be able to get these kinds of BTC prices in the future and there is a certain comfort to having had been able to accumulate BTC at lower prices in order to have more cushion in the cost of our BTC relative to its spot price value.

It could be true that you might be able to relax Marvell1 since you have been registered on the forum for as long as me, so perhaps you have already accumulated enough BTC, and since even relatively modest levels of accumulation, yet I look at your post history, and I see that you seem to have spent a lot of time fucking around in shitcoin sections of the forum, so it surely could be the case that you still have not even yet figured out bitcoin after all of these years registered on the forum, and you still keep buying into bullshit narrative of shitcoins, and  you cannot get yourself out of trading and/or gambling practices rather than sticking with BTC.

Even if you just think about yourself.. even a fairly modest investment of around $50 per week over the past 11 years, you would have had invested around $29k and you would have accumulated more than 23 BTC.  That surely would not be a bad place to be.

To get $50 per week, add up the two below $100 per week examples and divide by 2:

1) $100 per week between December 2013 and November 2022 - $47k invested and  46 BTC accumulated.  

+

2) $100 per week between December 2022 and present  -$10k invested and 0.3 BTC accumulated.

Hopefully whatever you have been doing in the past 11 years in regards to fucking around with shitcoins, trading and/or gambling has at least matched some variation of the great price performance of mostly accumulating and holding BTC... which you seem to continue to be pooing the value of such bitcoin focus, which causes me to speculate that you likely have not had a very good investment portfolio performance over the past 11 years as compared with how you could have had done with bitcoin focus with a buy and hold strategy, yet you still seem to have had not learned your lesson from such ongoing doubting of dee king daddy cornz.

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.

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.

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.

rough estimate but not certain meaning either hitting this year or the next? Because as what many says it will happen in December or in the Early next year .

But the main deal here is to not expecting so much and just let your investments sit there for a while .

The price of Bitcoin is uncertain, but we can roughly estimate that the price of Bitcoin will touch at least $80K to $90K this year. Because the number of Bitcoin holders is high this year and large institutions have massive Bitcoin holdings, and the large investment institutions and investors who have them will definitely see Bitcoin prices reach all-time highs in this bull market. So in 2024 we definitely expect to touch $100k to reach an all-time high, and by 2025 the price of Bitcoin is most likely to be limited between $150k and $170k. That's why holdings are so important this year, because bitcoin holdings are the only easiest way to become self-sufficient.

It is uncertain where the price of Bitcoin will go in the future and how much it will touch, so far no one can predict how much the price of Bitcoin will touch to the dollar. But it will change the price of Bitcoin over time, and if you look at the history since 2010, you can certainly understand the upward trend Bitcoin has come from there to today. Although it has dipped from time to time, it has created investment opportunities for investors, investing in Bitcoin requires long-term accumulation. Because you notice the times in the past where there was a Bitcoin deposit like Pipilika and until now it ran up to 73k dollars even though the current price is 68k dollars. 

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.

It is beyond doubt manipulated, but I think that manipulation maybe lower these days than they used to be as single players in the market have less weight and therefore less impact. Unless there is a very high level of collusion going on, it is far more risky these days to try some shenanigans as you never fully know what the market will do next. Assuming that someone wants to crash the market, what could that be good for other than harming their own portfolio or risking that the market rebounds much quicker than expected and the person dumping would have to buy back at a higher price?

I know that OP is a little older, but predicting what Bitcoin will do within a particular year isn't expedient at all I think. It can be fun, but that's it. Rather focus on what Bitcoin will do in the long run. Having an eye on what it is doing in the present is good because it keeps you in the loop, but giving weekly estimates as to where the price will be on a Sunday, meh.

There is a rumor about Tether every year and it has become so boring that I think people don't believe it anymore. But surprisingly, after the Fud was announced, the bitcoin price still dropped to $65,500 and quickly recovered afterward. This makes me think that the market is more manipulated than we think.

What makes me less optimistic is the uncertainty about the world situation. Hours after the Tether news, news of Israel's retaliation against Iran further roiled the market and caused even greater concern. With what is going on, I am not really optimistic about bitcoin's strong growth this year, things will get worse if the war becomes more fierce.

If we expect a bull run for bitcoin this year, the only hope we can hope for is the US election. If Trump wins, I think that will make the market forget about the war for a while.

Sometimes moving up is always moving down. This is something that can be avoided even by Bitcoin. Bitcoin's all-time chart looks very bullish. But, I'm unsure we can easily break new ATH without major adoption. We need big news to cook the price and push anyone in the market to buy as many bitcoins as possible.

But I remind you that Bitcoin's price is also affected by various sentiments. Major bad news could crash the crypto market, and we may not see another bull run.



https://www.wsj.com/finance/currencies/federal-investigators-probe-cryptocurrency-firm-tether-a13804e5

A WSJ report on a US probe into Tether triggered Bitcoin prices to dump. But, after Tether CEO denies WSJ's report, the price is slowly recovering. And imagine if WSJ's report were true, the bullish trend may be delayed for the next year.

That's why i don't have a very high expectation for BTC to break a very high price coz there will always be a pullback. Surpassing 70k, then steadily trading between 70k - 80k range is good enough.

Bitcoin price is heading for an October high, but the price we are focusing on in Bitcoin may not return to this price in the near future. Because the price of Bitcoin will start to rise directly, since we are standing in the pre-bull market period. With Trump, I think this Bitcoin price correlation is very small, because in this situation, even if it wasn't election time, Bitcoin price would have increased according to the bull market. Which, if we look at the history of 2021 and 2017, 2013 definitely set the record for the highest bitcoin price in history. So I think we are in the right place at the moment with the price of Bitcoin and we are standing just before a bull market.


But we should have a target on how we can accelerate Bitcoin, because it is the most important of our holdings. There is no profit to be had with Bitcoin without holding, as the more Bitcoin that can be held, the more likely it is to improve. This is the best time to invest in bitcoins because sometimes bitcoin dips here if a bitcoiner buys bitcoins for holding then that holder will gain the most. 
So to conduct yourself properly, you must have a relationship with Bitcoin, and according to past history, Bitcoin price will definitely increase from this October and hit all-time highs in 2025.

While 92k is nothing, I believe we can see a lot more and no matter whichever one wins. It is obvious that we are going to have a bull run, that is always the case with bitcoin, they started to say trump will take it higher because they saw polls and it's clear trump is leading right now, and that means trump may win as a favourite and this is why they are saying it will go up after he wins.

In reality I believe it will go up no matter what happens, you can see Biden make martial law and not even give up power and even that would not make bitcoin crash, in fact something that stupid would probably make bitcoin go up. So, we are going to see bitcoin rising for the next year, things should not eb all that complicated and we could probably make some good money. I believe the best way to move forward would be just focusing on how to get better results, this doesn't seem like we are going to end up with trump or anything, we are going to end up with bull run nevertheless in any case.

I agree with you, The upcoming bull market is going to be a strong bull market, this year I don't expect much positive for bitcoin, currently the market for bitcoin is below 67K, this month is going to end very soon, and next month is the US election on November 5th. will be Looking at the market situation at the moment nothing much positive can be expected, by the end of this year we may see Bitcoin price around 75K. And the outcome of this US election will affect the price movement of Bitcoin in 2025.

Also on October 22, Bitwise's Head Of Strategy Jeff Park predicted that Trump's victory would take Bitcoin to $92,000.

Bitcoin's next bull market is definitely going to be a strong bull market, and Bitcoin can definitely cross 150K in this cycle, but we will all see next year. This year we can't expect much from Bitcoin.

If I remember correctly when the bitcoin ETF was approved and 2 weeks later, bitcoin price increased strongly and reached $73k before there was a pullback. Then the halving happened and people started thinking about a bigger bull run but things didn't go as expected and they started complaining about ETFs for not being able to create a surprise.

I don't know how everyone else is predicting but for me, $100k is not a very difficult target to achieve in this cycle. I believe Bitcoin could even hit $150k-180k in this cycle. But honestly, I hope everything happens next year and not this year.

Hoping to see another ATH before the year ends is still very reasonable as it is not too far away for Bitcoin to reach from its current price. But for the price level of $100K or more it seems that it cannot be expected immediately by the end of this year but must have other hopes in next year as you said. Because if Bitcoin can reach the $75K level by the end of this year, of course there is hope to see the $100K level in the first quarter of next year if the price correction rate is not too much in the market.