Topic: BTC 100K FOR 2024 ! - page 8. (Read 2211 times)

$100k in 2024 is still too far from the target because the halving will just happen in 2024,
usually if we look at history, the Bitcoin price can pump x2 or x4 from the ATH price,
we have to wait another year, I don't know maybe 2025 or 2026 Bitcoin can reach $ 100k,
for the time being just focus on getting to $ 30k or $ 50k.

I think we all have that kind of speculation in 2024-2025, it will be bullish similar to what we have witnessed previously. We even had one of the biggest test in our last bear market, which is the pandemic and the price did suffer along the way.

But no one can stop the bull run, or at least the catalyst which is the block halving. And as soon as this activity happen, we slowly gain momentum. So we are going to expect that kind of bullishness or maybe history repeating itself again so $100k++ could be our next target or prediction.

We will never know from that part but only the speculation that we provide at this time to predict bitcoin returning at the next ATH, 100K might be easy to reach when it has passed the halving after that there will be a recovery to complete even higher prices in 2025 to be a lot to assume and that year will be the right one for bitcoin to surpass 100K more I believe where history cycles will happen again and we have to wait for that moment.

I think now we have to be a little patient where bitcoin has been a crash but it's not for failure but we have to be able to add ammunition in our wallets, we have to think that 2025 will be a bullish year, again it's speculation I will be the same as you.

Definitely this newbies will have to learn it the hard way, when they all are whining and complaining that the price is too late, and yet they are not buying. And then going to FOMO when we reach $100k, that will be the worst scenario for them. And then they learn their expensive lesson so in the next bull run or bear market then know what they are going to do. So let's give them sometime, sort of doing their own "soul searching".


And even with the Mt. Gox hacks though, I think that is one of the worst that happen to bitcoin, and we have seen a lot of early holders, selling it as they think that it will be over for the king daddy that time. But then again, bitcoin bounces back, and after so many years you can hear random tweets about those old heads who says that they sold when the hack happen and they regret doing it.

100k is too small buddy, what if I say bullrun at the end of this year it might Bitcoin be able to reach 120k or 150k level. This is only speculation and prediction, anything can still happen in the future. If you believe in what you just said, start collecting little by little Bitcoin according to the strength of the money you have. Buy at a low price, sell at a high price, that's the real purpose of investing.

While the recent dip in Bitcoin prices has led to frustration among some investors, many have taken advantage of this opportunity. Especially those who are big investors are buying Bitcoin. Some big companies are increasing their investment. In the current bearish trend Bitcoin price is around $25000 which was $28000 few days ago. It is going to be a golden opportunity for holders and regular DCA followers. A Bitcoin investor should adapt to any adverse and favorable environment. Successful Bitcoin investors consider Bitcoin's bearishness as the key to success. I think we will see Bitcoin's new ATH by 2024. But if that doesn't happen in 2024 then 2025 is more likely Bitcoin year.

I am not going to claim to know what is going to happen, but I know that almost every time when we are in the bear market, then various newbies will be spouting out regarding how bitcoin prices cannot go up and that there is too much resistance and that all the other newbies are going to want to dumb as soon as BTC prices get close to previous ATHs - however, it seems to me that there is a kind of pattern that when the BTC price is going up, all the retail newbie weak hands are not likely going to be enough to keep the honey badger down.

So the mere fact that all your newbie weak-hand buddies are whining that they need to lock in their dollar profits, that seems like a big so what, once the UPpity momentum becomes too much.

Yes, it is possible that the various US Govt attacks can keep king daddy down, but it was also possible that silk road getting taken down in late 2013 could have kept king daddy down too.. but it did not.. it is also possible that the various china shutting down bitcoin exchanges in late 2016 or their shutting down mining in early to mid 2021 could have kept bitcoin down.. but it did not.

So good luck with any theories that involve you failing refusing to sufficiently/adequately prepare for UP because you are too busy thinking that it is not going to go up.

Considering the last ATH was at around 68-69k, I think reaching 100k on the next bull run is not unreasonable, it could definitely happen. Plus its x4 from here so its not really unimaginable for bitcoin world, we have seen so much more increases before, so this should be easy to do. However, will the next bull run start at 2024? We do not know that part, it may start or maybe it will be by 2025 until it reaches that level. I honestly believe that 2025 would be a much better deal. Its almost always 1 year after the halving when we see the ATH price broken, and if it were to happen again then 2024 is halving so that means 2025 should be the ATH breaking point again. But this is just assumption, I do not have any idea what will happen.

Bitcoin market is in a very bad situation now. But Bitcoin price may be good by the end of 2023. Everyone is hoping that if the Bitcoin market is good, all the traders can recover some of their losses. Many traders are going to dump the price of Bitcoin.  Big losses are in. All those who have invested in Bitcoin are waiting to see when the price of Bitcoin will increase.

Looking at the chart doesn't always give an accurate price prediction. The chart always helps us make our own observations and decisions on where the price of Bitcoin might be in the coming months or years. But while making your calculation and prediction, don't forget the fact that bad news, which is one of the major issues behind the Bitcoin price's backward movement since last year, is not added to the chart, and such incidents always happen unexpectedly, which can delay the price movement of Bitcoin when it should have eventually met a new ATH high.

Due to some of those reasons, I always argue that the price of Bitcoin can't actually be predicted when it will hit a new ATH, halving or not. The price will still shake if we have some bad news, which will be strong enough to trigger panic selling.

yes I agree with you, it seems that $ 100k this year is still too high because until now bitcoin has not been able to break through the $ 30k resistance and plus now the SEC issue has reappeared making it increasingly difficult for bitcoin to penetrate $ 30k. I'm a little different from you about bullish, I'm more sure if bullish will occur in 2024.

I would rather speculate the price of Bitcoin 2024 to $ 60k before the price reaches a new all time high,
because if I look at the chart the price of bitcoin always reaches a new year after 1 year of halving,
if you don't believe me look at and analyze the chart of Bitcoin and you will understand it, I prefer predicts bitcoin will reach $150k in 2025.

Everyone has their price tag for the bull of 2024. Even though the price is unpredictable at least everyone has the right to give their predictions and one of the prediction will fall under the right direction. 100k USA dollar is not attainable in the nearest future of 2024. If the price goes up very well, that should be 68-80k US dollar. That is my part of the prediction.

lol 68k to be specific and not 65k.

this year? you mean next year right? but even if I think that there can be no 6 digits pricing next year because we are just starting to the effect of halving
What i tend to believe is in 2025 in which the following year of 2024.

64k is the resistance? when we already have 68k as ATH?

It takes a long process to reach a very big target in 2024, to be honest this is very hard for us, but this is one of the really big targets in our opinion considering that now half of this year has arrived and the market is still in the recovery and correction zone which is always coming, considering this honestly seems like $100k too big for next year as this has already broken ATH before too.

Preferably Bitcoin should be able to get back above $30k in the near term and with this would give hope the Bull will happen even if it doesn't have a big impact in the next year and which but we expect more in the next years i.e. 2025 onwards so even though so stay positive.

The current Bitcoin price is still too far away from the last ATH price Bitcoin ever reached so the possibility of breaking the previous ATH in the near future seems far to be impossible unless there is a bigger increase in each month for Bitcoin. Because everyone also knows that 2024 is not far away, especially now that everyone has spent almost half a year in 2023 where only half a year is left to go to 2024. So this is certainly too close for Bitcoin to break ATH previously on the market.

$100k in 2024 probably not yet because we also have to see ATH at $64k must be broken,
and until now $64k is still very strong and Bitcoin price is still trying to break $30k first, yes if you think in 2024 go ahead ,
but I am more realistic that 2024 will still not be and maybe in 2025.

Of course any one who is earning their cashflow through bitcoin is going to be faced with greater likelihood that they are going to be selling BTC on a regular basis, to the extent that they are likely not going to be able to source all of their spending in a circular economy kind of way.

So, I am not really sure if the way that you consider your cash versus BTC exposure is going to be different from the overwhelming majority of people who have to figure out how to even get started in investing into bitcoin and building up a bitcoin position.

On the other hand, even if you earn income in bitcoin, it is still possible that you might end up selling too much.. and I am not even going to proclaim to understand exactly how you are balancing the various individualized factors that each of us has to consider when we are investing into bitcoin which would be: our cashflow, how much bitcoin we have already accumulated, our other investments (including cash reserves), our view of bitcoin as compared with other investments, timeline, risk tolerance, and our time, skills, goals (investment/lifestyle targets) and our abilities to strategize, plan, research and learn along the way including tweaking strategies from time to time to consider trading, reallocating, use of leverage and/or financial instruments.


Yes.. sure downside is always a possibility and a risk, and no things do not always go back down.. remember the guys saying bitcoin was going to go back below $200 in the late 2015 early 2016 time frame, and remember the guys saying bitcoin was going to go back below $500 in early 2017, and remember the guys saying bitcoin was going back below $1,500 in late 2018 and remember the guys in recent times (since about mid-2022) saying bitcoin was going below $10k (including uie-pooie currently making such ongoing DOWNity assertion)


I got involved into researching into BTC right around mid-November 2013, so my first BTC purchase was right around the date that you registered on the forum... so sure no problem to point out that we seem to have right around a similar timeline in bitcoin, even though surely we likely have differing life experiences and various other kinds of knowledge about the world, so I doubt that we should be attempting to place too much predictive power merely in terms of forum registration dates... but sure, glad to know that you have been around these here parts, and perhaps participating too.. I have not gone through your posting history.. and so I am not completely aware regarding how many times we might have had interacted in the past... I could look into it if you believe it is relevant or maybe if it becomes relevant - if we continue to "battle" on aspects of this topic.. maybe my memory will be jogged if we might have had some past battles on this topic or any other topic, I cannot recall off of the top of my head.


Hahahaha

Extra experience?  in what regards?

You seem to be grasping at straws if you are trying to bring up some kind of a status in order to bolster your seemingly not so good proclamations in regards to your downity prayers.. 

It probably hurts your arguments, rather than helps.  But what do I know?


Oh?  I guess that I missed the last time that you mentioned this as if it were a question.. I though that you were merely making a statement.  The earlier time, I thought that you were saying that "dee cornz" does extreme things.. or something like that, even though you framed it as a question.

It should be pretty obvious that there are a lot of ways to refer to BTC and "dee cornz" is one of the slang kinds of ways.. I doubt that I should have to explain any further than that.  Is there something specific that you would like to know?  It is possible that you may well not know what is "dee cornz" - especially since you seem to be preparing for downity, and you might not be sufficiently/adequately prepared for up, in spite your assertion to the contrary.   

For me, the $160k target is not too high for the next bull cycle, as I believe it will be a super cycle. According to my prediction, 2025 is also the time when the world economy recovers, along with the 4-year cycle of the market, that will also be another catalyst to create a super cycle. So the $160k goal is easily achievable, IMO.

But many also have reason to think that won't happen. If you pay attention, you will see bitcoin becoming less and less profitable as it gets bigger and bigger. Bitcoin's returns are dwindling over time, but conversely, it's becoming safer. Therefore, it is tough to expect bitcoin to bring big profits like in previous years.

Why is 160K something fantastic? After bitcoin fell from 20K to 3K in 2018, many also thought the price would not recover again. Especially after it fell again in 2020. But a year later, in 2021 there was another crazy bull run. Those who had no doubts about bitcoin were able to make good profits.