Bitcoin to make new all-time-highs within 24 months: Coinshares CSO

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Quote from: OgNasty on August 02, 2022, 02:27:33 PM

Quote from: proudhon on July 19, 2022, 12:33:30 PM

Quote from: Oshosondy on July 13, 2022, 05:22:59 AM

We are in July now, this means that bitcoin can hit all-time-time before July 2024. Is that possible?

No, it absolutely is not possible. Bitcoin won't be able to stay about $20k for more than 30 days before July 2024, and probably ever again. So no, it's not going to an ATH by then. You can take that all the way to the bank.

LOL, the broken clock has left the territory of being right. It's really not brain surgery... Bitcoin is on a 4 year cycle. Every 4 years you should listen to proudhon. For example, in November of 2013 proudhon would have given good advice. In November of 2017 listening to proudhon would have been a good idea. In November of 2021 listening to proudhon would have been a good idea. I'm sure in November of 2025 proudhon will be right on the nose again. However, basically everything he's said outside of those short time periods is just trolling. Do the opposite of what he says for the next 24 months and it will be extremely profitable for you.

Yeah this guy knows what he's doing. Only problem is most people don't know he knows what he's doing.

I'm just surprised he hasn't gone even farther down the mile this time around, 20k's just barely 20% off the mark from where BTC is right now.

4 year cycle though, that still gonna be a thing?

Jating

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Quote from: Rufsilf on August 02, 2022, 06:08:36 PM

Quote from: PaulBf1 on August 02, 2022, 02:39:09 PM

This is just another Bitcoin prediction among many other predictions that probably have the same chance of happening.

The main thing to focus on here is to throw out as many predictions as possible so that if one of them sticks you can claim you're a crypto expert. (Very effective method)

And all of them will fail - none of them become experts because they are too lucky to predict the price closer to what happened 1 year from now (2023). And even if they do, I don't think they deserve to be called an expert.

I guess they are just speculators, because as you have said, maybe they have the experience to predict prices in the future, but there is no specifics, I mean some predictions but not all become true.

Quote from: Rufsilf on August 02, 2022, 06:08:36 PM

However, expressing what they see hasn't been found wrong and we can't urge and think that people believe it as even having these charts and market tools, I was sure there is no assurance for it.

Of course, everyone has his/her own opinion, and specially if it back up by TA and charts and other market tools, it become convincing and credible. But for those who have experience already in crypto market and predictions, we should take everything with a grain of salt.

Davian144

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Quote from: PaulBf1 on August 02, 2022, 02:39:09 PM

This is just another Bitcoin prediction among many other predictions that probably have the same chance of happening.

It doesn't matter if you have to make predictions because everyone has faith in Bitcoin as well as other things that might be very profitable for him.

Quote

The main thing to focus on here is to throw out as many predictions as possible so that if one of them sticks you can claim you're a crypto expert. (Very effective method)

I think there is no need to make claims on myself as a crypto expert because an expert can also be wrong in making a prediction because predictions are an initial view on everyone and it will always differ from one person to another. So there's no need to make such a claim because I think it's very exaggerated.

Rufsilf

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Quote from: PaulBf1 on August 02, 2022, 02:39:09 PM

This is just another Bitcoin prediction among many other predictions that probably have the same chance of happening.

The main thing to focus on here is to throw out as many predictions as possible so that if one of them sticks you can claim you're a crypto expert. (Very effective method)

And all of them will fail - none of them become experts because they are too lucky to predict the price closer to what happened 1 year from now (2023). And even if they do, I don't think they deserve to be called an expert.

However, expressing what they see hasn't been found wrong and we can't urge and think that people believe it as even having these charts and market tools, I was sure there is no assurance for it.

PaulBf1

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This is just another Bitcoin prediction among many other predictions that probably have the same chance of happening.

The main thing to focus on here is to throw out as many predictions as possible so that if one of them sticks you can claim you're a crypto expert. (Very effective method)

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Quote from: proudhon on July 19, 2022, 12:33:30 PM

Quote from: Oshosondy on July 13, 2022, 05:22:59 AM

We are in July now, this means that bitcoin can hit all-time-time before July 2024. Is that possible?

No, it absolutely is not possible. Bitcoin won't be able to stay about $20k for more than 30 days before July 2024, and probably ever again. So no, it's not going to an ATH by then. You can take that all the way to the bank.

LOL, the broken clock has left the territory of being right. It's really not brain surgery... Bitcoin is on a 4 year cycle. Every 4 years you should listen to proudhon. For example, in November of 2013 proudhon would have given good advice. In November of 2017 listening to proudhon would have been a good idea. In November of 2021 listening to proudhon would have been a good idea. I'm sure in November of 2025 proudhon will be right on the nose again. However, basically everything he's said outside of those short time periods is just trolling. Do the opposite of what he says for the next 24 months and it will be extremely profitable for you.

Silberman

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Quote from: Finestream on July 28, 2022, 03:58:18 PM

Quote from: Oshosondy on July 13, 2022, 05:22:59 AM

We are in July now, this means that bitcoin can hit all-time-time before July 2024. Is that possible? What is your opinion about this?

Read about the news from here:
https://cointelegraph.com/news/bitcoin-to-make-new-all-time-highs-within-24-months-coinshares-cso

If I will have to be positive about bitcoin price, I always think that this year will only be full of bear market, that makes me still continue to think that it is possible the price of bitcoin may drop more, drop more in order to rise more in the years to come. All I am thinking is that a significant rise like that may not occur before halving, halving will be in 2024. Is it possible for bitcoin to reach all-time-time by 2023 year before bitcoin halving, or by 2024 according to Coinshares CSO analysis?

I expected maybe next year we can witness a new ATH for bitcoin. However, if the market continues to be bearish, then it could be 2024 that a new ATH will happen. Actually, no one can predict precisely as to when bitcoin will hit its new ATH, it could be at the end of this year, who knows? Because even if today’s market is hard to recover, but knowing bitcoin that suddenly rises its value and skyrocket when there comes a very positive news that will eventually leave a huge impact on the market.

Next year seems like it is too soon to reach a new all time high, technically it could happen as the price is unpredictable but I think the chances of this happening next year are not very good, 2024 seems like the best candidate for this to happen but then we need to think about how high the next all time high will be? The all time high reached during their bull run was kind of low, so I wonder if things will change by that time or we will see the same tendency repeating itself.

Finestream

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Quote from: Oshosondy on July 13, 2022, 05:22:59 AM

We are in July now, this means that bitcoin can hit all-time-time before July 2024. Is that possible? What is your opinion about this?

Read about the news from here:
https://cointelegraph.com/news/bitcoin-to-make-new-all-time-highs-within-24-months-coinshares-cso

If I will have to be positive about bitcoin price, I always think that this year will only be full of bear market, that makes me still continue to think that it is possible the price of bitcoin may drop more, drop more in order to rise more in the years to come. All I am thinking is that a significant rise like that may not occur before halving, halving will be in 2024. Is it possible for bitcoin to reach all-time-time by 2023 year before bitcoin halving, or by 2024 according to Coinshares CSO analysis?

I expected maybe next year we can witness a new ATH for bitcoin. However, if the market continues to be bearish, then it could be 2024 that a new ATH will happen. Actually, no one can predict precisely as to when bitcoin will hit its new ATH, it could be at the end of this year, who knows? Because even if today’s market is hard to recover, but knowing bitcoin that suddenly rises its value and skyrocket when there comes a very positive news that will eventually leave a huge impact on the market.

Tellek Garing

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Quote from: Oshosondy on July 13, 2022, 05:22:59 AM

We are in July now, this means that bitcoin can hit all-time-time before July 2024. Is that possible? What is your opinion about this?

Read about the news from here:
https://cointelegraph.com/news/bitcoin-to-make-new-all-time-highs-within-24-months-coinshares-cso

If I will have to be positive about bitcoin price, I always think that this year will only be full of bear market, that makes me still continue to think that it is possible the price of bitcoin may drop more, drop more in order to rise more in the years to come. All I am thinking is that a significant rise like that may not occur before halving, halving will be in 2024. Is it possible for bitcoin to reach all-time-time by 2023 year before bitcoin halving, or by 2024 according to Coinshares CSO analysis?

It is very possible for bitcoin to print another all time high before the end of the next 24 months and if that did not happen it means bitcoin has change it price pattern. It always do extremely well after its Halvings and the next Halving is around may 2024.

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Quote from: Oshosondy on July 21, 2022, 02:53:17 AM

Quote from: proudhon on July 19, 2022, 12:33:30 PM

No, it absolutely is not possible. Bitcoin won't be able to stay about $20k for more than 30 days before July 2024, and probably ever again. So no, it's not going to an ATH by then. You can take that all the way to the bank.

Some people will miss the next bull run, i hope it will not be too late before you will realize that. Bitcoin at $20000 or below by July 2024? All I can say is that it is wrong to make such prediction. Though no one is correct when it comes to bitcoin price prediction but there are some analyses and speculations that can be very misleading. Long term speculation about bitcoin is always accurate and yours is very different from the long term accurate speculation of all-time-high after long period of time.

Well if we look at bitcoin's past historical prices, yeah around halving time, usually the price is on a good bounce back. And I think majority will agree that bitcoin halving is the catalyst so yeah, maybe in 24 months we might see a new all time high. It's just a matter of what will it be, are we going to finally see that 6 digits that we all wanted to see? Or it could grow even more than most of the predictions that we have heard so far in the next bull run?

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Quote from: proudhon on July 19, 2022, 12:33:30 PM

No, it absolutely is not possible. Bitcoin won't be able to stay about $20k for more than 30 days before July 2024, and probably ever again. So no, it's not going to an ATH by then. You can take that all the way to the bank.

Some people will miss the next bull run, i hope it will not be too late before you will realize that. Bitcoin at $20000 or below by July 2024? All I can say is that it is wrong to make such prediction. Though no one is correct when it comes to bitcoin price prediction but there are some analyses and speculations that can be very misleading. Long term speculation about bitcoin is always accurate and yours is very different from the long term accurate speculation of all-time-high after long period of time.

proudhon

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Quote from: Oshosondy on July 13, 2022, 05:22:59 AM

We are in July now, this means that bitcoin can hit all-time-time before July 2024. Is that possible?

No, it absolutely is not possible. Bitcoin won't be able to stay about $20k for more than 30 days before July 2024, and probably ever again. So no, it's not going to an ATH by then. You can take that all the way to the bank.

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Quote from: Poker Player on July 13, 2022, 10:46:24 PM

Meltem Demirors, the one doing the analysis, was one of many who predicted that Bitcoin would reach at least $100k:
CoinShares' Demirors predicts bitcoin will more than double in Q4
I don't know why we should believe her prediction now.

She's the one that said last year:

Quote from: jackg on July 13, 2022, 09:27:24 AM

We normally see a nice run after a halving (not sure if we actually normally reach an ath by then or not though - I thought they normally come in quite a bit after).
It does look like the person making that statement is just collating most freely available analysis/robably the one "most likely" into one concise press release though.

Everyone was just a few months ago making predictions based on the fact that Bitcoin has never gone below the previous ATH, well, it went there. Now, it's obviously time to completely destroy this halving scenario by either refusing to go to a new ATH after it or by making one before the actual halving and dropping afterward. But yeah, going for a 24 months period is the new most accurate prediction they can make without risking to look like a few just a few months later.

palle11

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I have no doubt about such ATH for bitcoin during the month in view. We surely know this is ba prediction based on the historic calendar of bitcoin. At every circle of bitcoin halving, the price climb to a new ATH and the next halving should not be different this time, this should be a simple fact to look at and investment for a longtime starts now.

Baofeng

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If the cycle continues then sure, maybe the next all time high (6 digits), might happen in 2024 after the halving. So it could be in the next 2 years, which mean that we might see the price really tanking. We hit all time high at $17,500 but in the next 6 months we might see another lows. Nevertheless, if that happens then exponential growth could be experience in the next bull run.

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This is we are talking about Bitcoins.
And in Bitcoins anything and everything can be possible.
I don’t really follow the predictions made by coinshares CSO, but yes this time he had really made a great statement.
Not only him but also many other veteran traders are predicting that the next 2 years will be really big for Bitcoins holders.
Moreover this year Bitcoins will try to break the resistance and will come it to it’s 40k usd price. If this target can be achieved in this year then I am also 100% sure that Bitcoins will break it’s all time high price in the near time.

onecall123

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That's right, I've seen this at least five times before. That's right. It seems like there is a post every day telling people to buy or go long. Market conditions are bearish. When the bottom is in, you'll have plenty of time. We are at the end of the market cycle. Almost half of the lowest price was available to us for about six months. Unless, there is still a long way to go until 2024. There's no doubt about it, it's just a matter of time. Stay as true to myself as possible.

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Quote from: Oshosondy on July 13, 2022, 05:22:59 AM

Is it possible for bitcoin to reach all-time-time by 2023 year before bitcoin halving, or by 2024 according to Coinshares CSO analysis?

Sure, sure.

Meltem Demirors, the one doing the analysis, was one of many who predicted that Bitcoin would reach at least $100k:

CoinShares' Demirors predicts bitcoin will more than double in Q4

I don't know why we should believe her prediction now.

These "predictions" have to be put in context: they are advertising for the company, and as has been discussed in this thread, without so much analysis it makes the most sense for ATH to come at least months after what the analysis predicts.

Fundamentals Of

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If we go by the pattern there is actually a rise shortly before halving and then followed by another big one months after the actual halving, when the reduction of new supply will get fully absorbed by the market. So there's probably a good rise next year. For this year 2022, I guess we'll have to accept that this is a bear year, which is not necessarily bad because this is a year of accumulation. As some say, wealth are built during bear markets.

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Quote from: Oshosondy on July 13, 2022, 05:22:59 AM

We are in July now, this means that bitcoin can hit all-time-time before July 2024. Is that possible? What is your opinion about this?

Read about the news from here:
https://cointelegraph.com/news/bitcoin-to-make-new-all-time-highs-within-24-months-coinshares-cso

If I will have to be positive about bitcoin price, I always think that this year will only be full of bear market, that makes me still continue to think that it is possible the price of bitcoin may drop more, drop more in order to rise more in the years to come. All I am thinking is that a significant rise like that may not occur before halving, halving will be in 2024. Is it possible for bitcoin to reach all-time-time by 2023 year before bitcoin halving, or by 2024 according to Coinshares CSO analysis?

Not really a fan on believing into those analysis given by some companies or individuals because we are all speculators on here.We can do make out some assumption but doesnt mean that it would
precisely happen even looking back on past events wont guarantee that it would really be repeating on the same path or way on upcoming years to come but basing on my own opinion and feels
then we might be seeing significant price rise after halving event it might not happen before the halving but rather on after just like on the time we've been able to reach that ATH point
that we had achieved out.For now lets just all presume and assume that this bear market would be a long one.

KennyR

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Right now everyone is over the 4 year cycle. We don't know how this is gonna happen this time. Connecting to the previous years of market change people believe it. The bearish market needs time to grow up overcoming the factors that restrict the growth within specific limits. Particularly the focus is upon the halving. I don't know the date exactly, but the July month of 2024 looks close to the days of halving.

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Quote from: Zanab247 on July 13, 2022, 03:42:44 PM

I don't think, it will take a long time before the price will increase higher in the crypto market for those that bought at the lower price to start earning from their investment. The price will definitely hit $100k before the end of this year 2022 because many researchers has came to discover that the price will no longer take a long time before it will remain stable till the end of 2024 which is the seasons many long term investors are waiting for in the community.

To early to think that $100k would be reached by this year and actually we don't have good news to wait for this to happen. Maybe the same as what happen before where most of huge bull runs happen on halving this time maybe we can say that $100k will definitely reached since for sure once hype build up the price would shoot up again and for sure this event is the most awaited time of all people here.

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I don't think, it will take a long time before the price will increase higher in the crypto market for those that bought at the lower price to start earning from their investment. The price will definitely hit $100k before the end of this year 2022 because many researchers has came to discover that the price will no longer take a long time before it will remain stable till the end of 2024 which is the seasons many long term investors are waiting for in the community.

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Quote from: LFC_Bitcoin on July 13, 2022, 10:04:31 AM

24 months would take us to July 2024 which is approx May 2024. Historically we see an ATH not too long after the halving but I don’t know if 2 months after the halving is a bit too soon. I think more likely is we see an ATH in late 2024 but let’s wait & see.

That is true, I have edited the OP for correction, July 2023 is 12 months from now while 24 months from now is July 2024. I too believe that people will buy bitcoin more after halving.

The first halving was on 28 November 2012, the second halving was on 9 July 2016, the third halving was on 11 May 2020. Looking at this having period, it is almost 4 years before the next halving but not up to four years, because of that, I think 2024 halving may occur before May and it may be more than 2 months to July by that time. But I too can be wrong, it is possible that halving can even occur after during or after May 2024.

I understand your point though, the price of bitcoin still always take some months before reaching all-time-time and it can take over 2 months or more, but we do not know yet when the halving will occur.

eaLiTy

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Quote from: Oshosondy on July 13, 2022, 05:22:59 AM

~
If I will have to be positive about bitcoin price, I always think that this year will only be full of bear market, that makes me still continue to think that it is possible the price of bitcoin may drop more, drop more in order to rise more in the years to come. All I am thinking is that a significant rise like that may not occur before halving, halving will be in 2024, not 2023. Is it possible for bitcoin to reach all-time-time by next year before bitcoin halving?

Even in the article they are not claiming that the price would rally by 2023, they are also expecting the market to recover by 2024 and that is when the next halving happens and before that it is impossible to think that we would see another market rally considering we know how the market usually performs throughout its existence and the best bet for the next rally is halving and it would be wishful thinking if anyone thinks we would see before that .

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24 months would take us to July 2024 which is approx May 2024. Historically we see an ATH not too long after the halving but I don’t know if 2 months after the halving is a bit too soon. I think more likely is we see an ATH in late 2024 but let’s wait & see.

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Quote from: jackg on July 13, 2022, 09:27:24 AM

We normally see a nice run after a halving (not sure if we actually normally reach an ath by then or not though - I thought they normally come in quite a bit after).

It does look like the person making that statement is just collating most freely available analysis/robably the one "most likely" into one concise press release though.

(most likely is far from definite)

It also did not follow the normal BTC cycle. But perhaps this is because of what we have heard from some BTC speculators who also try to force a bullrun by making an analyzis of supercycle. Yep maybe he have heard or watched the sames videos of those guys.

I however thought of it too because I really think we have reached the bottom so far, and its already abiut to burst up in weeks. If we also have to related to the economic crisis today, I say BTC will be the savior for all the failing currencies, its time to be in the mainstream news.

jackg

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https://bit.ly/387FXHi lightning theory

We normally see a nice run after a halving (not sure if we actually normally reach an ath by then or not though - I thought they normally come in quite a bit after).

It does look like the person making that statement is just collating most freely available analysis/robably the one "most likely" into one concise press release though.

(most likely is far from definite)

Beparanf

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There’s a possibility but his words alone has no value anymore to crypto traders. There’s a lot of prominent people including those wannabe’s that make a bold prediction just to get an attention from the public to promote there company.

US inflation is worsen every month while there’s a lot of bad things happening globally that affects global economy. I dunno if we can see again a new ATH while everyone is on panic with there personal financial status against inflation and possible recession.

Lucius

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I don't read media like the ones you linked to, so I won't know why some CEO thinks that spring will come in the middle of winter if we're going to say it metaphorically. However, you mention July 2023, while this CEO talks about a period of 24 months, so he didn't really say anything other than that the new ATH will be sometime within 2 years, which means maybe 1-2 months after the halving in 2024.

If you ask me, it's an ordinary paid article to promote the company, that CEO doesn't know anything more than you or me.

Wilhelm

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Yes could be...

Bitcoin has a 4 year cycle.

The only funky part is that the halving is traditionally the lowest point in the log curve.
This would mean the new ATH will be approx Q4 2024.

So it could be that there is an ATH before the halving.

Oshosondy

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We are in July now, this means that bitcoin can hit all-time-time before July 2024. Is that possible? What is your opinion about this?

Read about the news from here:
https://cointelegraph.com/news/bitcoin-to-make-new-all-time-highs-within-24-months-coinshares-cso

If I will have to be positive about bitcoin price, I always think that this year will only be full of bear market, that makes me still continue to think that it is possible the price of bitcoin may drop more, drop more in order to rise more in the years to come. All I am thinking is that a significant rise like that may not occur before halving, halving will be in 2024. Is it possible for bitcoin to reach all-time-time by 2023 year before bitcoin halving, or by 2024 according to Coinshares CSO analysis?

Topic: Bitcoin to make new all-time-highs within 24 months: Coinshares CSO (Read 300 times)