I was expecting that price last rally but it finished earlier than most expectations.
We expected $100k to achieve in 2021, but it only reached $69k at that time.
This time we are pretty sure we will see that price tag. This target is something that is expected by almost everyone and there is no reason for it not to happen.
In 2024-2025, some experts believe that the price will be above $100k. According to the pattern of the previous ATH in some bullrun seasons, $100k should be very realistic to achieve. However, Bitcoin price is basically unpredictable, no guarantee what the price of next ATH is. So, I actually have no idea about $100k really to be achieved or not. But the next ATH must be more than the last ATH, personally I am sure it will be above $80k.
I'm not so sure about the time though. We may see it in 2025 if not 2024. I don't have a top price prediction but wish it will go as higher as possible.
Indeed. The next bullrun probably happens in 2025, but there is no exact prediction about how high the price will be. So, I'm also not really sure whether it will be passed $100k or not. I think we must have an alternative exit plan (selling) if the price fails to achieve $100k.
Your way of talking about this is weird nurilham.
Sure there was an expectation that the BTC price top was going to be at or exceeding $100k, and this time around, there is likely expectations that the top could reasonably be anywhere between $250k and $500k - of course, the BTC price could end up topping out outside of that expected range, including that it might not even make it above the previous $69k ATH.
Your talk of $80k to $100k seems to be just out of touch, even though something like that could end up happening, it seems like an outlier possibility.
Don't get me wrong, UPpity scenarios are not even close to guaranteed in bitcoin, but part of the reason that any of us might be investing into bitcoin and thinking about the possibility of it going up stupendously is because it remains quite lowly adopted, especially if you consider its likely ongoing greatest peaceful wealth transfer in the world ever to take place that is tied in to network effects and metcalfe principles, so even if their are ongoing battles to keep the BTC prices from going up, there surely are no guarantees that the ongoing battles to keep BTC prices down are going to be successful, even if powerful and rich people/entities/governments are working in such direction.
So there are no needs to get all hot and bothered about possible upside scenarios, but it still seems foolish to talk about $80k to $100k as if they were realist tops, even if this cycle could end up playing out that way.
It seems more realistic to attempt to appreciate bitcoin for what it is, including an ongoingly strong asymmetric bet to the upside, which means that you likely do not even need to bet very much on bitcoin's upside potential to be able to profit from it, so long as you put some value into bitcoin and get off zero and don't be too whimpy about it and don't be fucking selling too soon, even though you can do whatever you like and you end up selling most if not all of your cornz between $80k and $100k, don't come crying to me when BTC prices end up going over a $million in this cycle and either you don't have any cornz or you bought them all back at $900k. and you get recked when the BTC price drops down to $300k.
In udder wordz.. for your own good, it is better be preparing for a variety of scenarios, including upside scenarios and don't be selling most if not all of your cornz too soon... just in case.
you will thank me later.. perhaps. no guarantees.
BTC $100k by 2024 wow that's good, so which means now is the best time to hold and accumulate more and more BTC so by the end of the year we might all have something wonderful, besides if Bitcoin will reach that amount by 2024 we should have been seeing some signs by now, is not that am having a dauth but thats the truth, we are all hoping for it, well Bitcoin hits $100k there will be more traffic in the market because alot of people will be tempted to sell there coin like it once happened.
Now is the right time to hold more coins for a good return.
Yes.. and hopefully you and your fiat-minded buddies do not end up getting too reckt because you don't seem to understand what is BTC and you end up selling way too many cornz too soon.
In udder wurds: Good luck with your selling most if not all of your BTC at around $100k.. You will likely need it. No guarantees.
..... finds it more profitable than holders where they all wait for the circle to take place.
Taking place connotes of having patient to either wait for the entire 3years to 4years
Oh wow!!!! you have a very long investmetn time horizon.. a whole 3-4 years. Wow.
to be able to enjoy the massive changes that leads to a newer part creation that we in particular calls All Time High. However the real holders understand that despite having ATH there is one thing for sure that we must witnessed another again and continually we shall see many phases of bitcoin prices increase and changes., Hence 2025 may not be a favorable year for bitcoin price to spike rather, predicted October 2024., However you could be right or I maybe wrong but based on speculation and assumption we can't just give a total out look of bitcoin price.
Unless you are dying or planning on retiring and living off your bitcoin, it is likely better to be thinking out further than 3-4 years.. but hey... do what you like.
Real profits from bitcoin are likely going to play out for several cycles, and anyone wanting to truly be rich from their bitcoin are hopefully thinking about how to manage their bitcoin portfolio within longer time horizons.. otherwise you may well be left with way fewer bitcoin than you could have had and merely holding on to fiat or whatever else you are planning on buying with your bitcoin, and nothing much to show for what "could have been."
BTC $100k by 2024 wow that's good, so which means now is the best time to hold and accumulate more and more BTC so by the end of the year we might all have something wonderful, besides if Bitcoin will reach that amount by 2024 we should have been seeing some signs by now, is not that am having a dauth but thats the truth, we are all hoping for it, well Bitcoin hits $100k there will be more traffic in the market because alot of people will be tempted to sell there coin like it once happened.
For now there is no sign of the most specific for this. But if you look at the level of correction in the price of Bitcoin itself in the last two months, I think you can also take this as a sign that Bitcoin still has square off to increase more at the end of this year. But I wouldn't say that the increase is for $100K, because there are a lot of price levels that Bitcoin still has to break within this year if the target is for $100K next year.
This year leaves only five months left and in the next five months I still believe that the price of Bitcoin will experience a lot of changes, especially changes in terms of increases. Because lately there are not many bad things that can affect the decline in the price of Bitcoin in the market so that Bitcoin has the opportunity to increase again with a note that there must be more interest in new people or new investors who want to buy Bitcoin every month without thinking about releasing it again before next year.
You seem to be placing a lot of conditions upon king daddy in order for its price to go up.
BTC's price can go up very quickly and several multiples and magnitudes in a very short amount of time.
Of course, it does not go straight up, but sometimes the momentum creates more momentum, so going up 2x or 3x or even 10x from here may well not take very long, even if there could be several corrections along the way.
Sure, you could be right that it takes until the end of next year and even longer for a 3x from here to actually play out, but I would not be so smug about placing conditions on king daddy as if you believe that you happen to know something about how it might be limited.. especially if you may well not be sufficiently/adequately accounting for where BTC is in light of the likelihood that we are still in early stages of an exponential s-curve adoption curve that is propelled by network effects and metcalfe principles... so if you are thinking/framing and limiting dee cornz as if it were a mature asset class, then you likely do not really understand dee cornz.... and you are mixing it up with something else...
Of course, there are no guarantees, and your idea of slow and gradual and many resistance points for the next couple of years could end up playing out.. but then again, it might not... hopefully you have enough cornz and you do not sell too many of them at various points along the way in which you believe that there are "resistance points."
If you look at the current market situation it looks like the price of $ 100k will be difficult to reach in 2024, of course everyone hopes that the presence of a halving day will make a fantastic price spike as it has happened before, but if you look at it when the price goes past $ 30k and fails again it seems like it will take time much longer to reach $100k.
Yes. It frequently feels like bitcoin price is NOT going to go up.
Until it does.
Do you even understand what is bitcoin?
Maybe go back to the drawing board and study a wee bit moar better.
#justsaying.The rally must come, if not this year then the following year,
And, if not the following year, then the year after that, and if not that year then the next year.
Yes, I agree with your statement, as modified
by me.
I think expectations in bitcoin are not a problem because prices always reach record highs as for the matter of time then we have to be a little patient to wait for it, the bullrun moment must come we must prepare from the beginning to start it.
Your use of the term "always" is problematic.
There are no guarantees.
Bitcoin is a great (if not the best) assymetric bet to the upside, but that does not mean that the upside has "100% odds" of happening... The word "always" assigns 100% odds to the ATH being broken.. which is categorically not true. You have made a mistake in logic and a mistake in language to reflect your logic.
Don't think about time if we pay attention to it then it will get bored seeing the chart there is no increase in the rally, keep using strategies to gain bitcoin while still able, if it's a matter of prediction then this is endless all have their own numbers for bitcoin in the future, but I am optimistic that 100k is close enough to the previous ATH.
Well bitcoin price as a product has the time element contained therein, and the ONLY time that we know about is right now. Right now, as I type this post, BTC is priced at about $29,200.... 100% true at this particular moment of submitting this post.
So if we pick a time in the future, then we have to try to figure out what is the probability that the BTC price will go to that price or that range of prices within the time that we pick. Once the time happens, then the price either made it there or not ended up being whatever it was when it passed through that time.
Some people assert that I can choose a price that bitcoin will reach, but I cannot necessarily choose the time in which it will get there... and then we can also suggest our times as ranges too... or I could say that at some time prior to December 31, 2024, BTC will reach $100k (but I am not saying when and I am not saying if it will be sustained).
Sure, if you work with BTC price ranges and time ranges, then it is more likely that the BTC price would get within a range at a particular time, or maybe there are ways to make the price ranges really broad and the time range pretty broad too, and then it becomes more likely that the price prediction will be correct within the timeframe.
We can pick bottoms and tops too.
I personally prefer to figure out bottoms, but most people seem to get focused on the shininess of tops that may or may not end up happening... but the bottoms are something that we can say that we might consider that the price has good chances of not going below that bottom, and surely the 200-week moving average has traditionally been one of those kinds of bottoms that does not get breached too often or too easily. It reflects the average weighted bitcoin price for the past 4 years, and throughout all of BTC's history it has not been breached very often.
Sure, it was breached a lot and even for extended periods of time for about 8 months starting from June 2022, but it usually does not get breached too easily and the BTC spot price usually does not stay below the 200-week moving average for very much time at all.. maybe a few days or a week or two at most, and right now, as of yesterday, the 200-week moving average is at 27,113, and it is moving up at about $15 per day. Not bad.. Not bad...
If the BTC spot price goes up to higher levels then the 200-week moving average will tend to move up at a faster pace, too.. the slope becomes steeper. You can see in the history of the 200-week moving average
in this chart.But, yeah, in this thread we are talking about tops, not bottoms, and of course, even if we are not planning to sell our BTC, we still might want to consider its value in terms of the top, and then also if we want to engage in BTC portfolio management, maybe we want to consider how much distance is between the bottom or the top in order to helop us to consider how much (if any) BTC that we might want to sell. So if it takes all the way until the end of 2024 for the BTC price to move up to $100k, then it may well end up that the BTC price is not very high above the 200-week moving average, especially if the 200-week moving average continues to move up about $15 per day.
So if there is 515 days until the end of 2024, and if the 200-week moving average continues to move up $15 per day, then the 200-week moving average would be right around $35k ($27,113 + $7,725).
We should realize that throughout bitcoin's history it has been in a battle, so it does not tend to move in stable kinds of ways, and it has had recent peaks that were 16x (in December 2017) and 5.5x (in March 2021) above the 200-week moving average. So getting 3x above the 200-week moving average seems within reasonable reach.. even though again, it surely is not guaranteed... and another thing is that the 200-week moving average may or may not continue to move up at the same pace.. it could move up faster or it could move up slower, but it could still be a decent measure in regards to figuring out how far the spot price happens to be above it (or below it in the rare cases that BTC prices have ended up going below the 200-week moving average).