Topic: BTC 100K FOR 2024 ! - page 9. (Read 2211 times)

12 Bitcoin Success Stories: Meet Bitcoin Millionaires, always inspires me to Bitcoin, there are interesting things that I read there, as said by @Kyle Davies.

There are many lessons that can be concluded about their story, whether it's speculation, prediction or investment in Bitcoin.

Of their stories that I have seen, the statement below impressed me the most.

Here I can draw one conclusion, if you look at the ATH that has happened to Bitcoin with 65K and believe that it can reach $ 100k next, that something can happen and maybe it can exceed.

So this is the real question to ask.

Have you bought/invested for now, before the $100k actually happens.....!

you are wrong because this has something to do with bitcoin price in the next year , remember that this is the last year before halving and yes we will be in status related position as we are getting near the bull run.

another wrong because even if you zoom in or out ? the situation of bitcoin isn't that good comparing to what we have in the past years.
we must not pressured of what investors or traders do , because we must act on our own and with our strategy .

Halving in the past seasons have brought investors huge profit and yes i support about the idea of making its ATH in which expected to be 100k usd and even higher but some says their might be sideways this time as whales are seemingly planning to change the course this halving.
But what is important to understand is that the more you keep holding is thr bigger chancr to earn with limit. Risk.

Just like others have said, there is always a higher possibility that Bitcoin price will hit a new ATH either after or before the next halving. This is as a result of people already believing that it's going to happen, and the amount of money that miners are to be receiving from block reward is also going to slide down by 50%, which means the amount of Bitcoin to be added into circulation every time is about to be reduced or has already been reduced, which is a good sign for most people to buy and hodl more because a little circulating supply with a higher demand always turns out positive on the long-holder side.

To me, the halving is not usually what always causes the bull run, but it's an instrument that triggers larger buying and long holding, which increases demand, and as a result of this, we can now have higher prices, just as the law of economics dictates. But also because we are expecting a halving anytime soon, it is not a guarantee that Bitcoin must hit another ATH at that very moment. Nothing is impossible, but crossing from 28k, which is its current struggling stage right now, to a $100k new ATH to me is a very high expectation. Never the less, nothing is actually impossible to happen in times of price surprise, but we should reduce our high expectations in order not to be regretful after making a wrong decision because of your huge predictions.

The bitcoin price will have next halves in next year which is 2024.So we expect the bull run during the month of January to April of next year.Incase you like to get good profit from the bitcoin,you can have the habit of buying at all the dump till the next year.If you think the price of bitcoin with 28k dollar is high,how you can able to get profit at 50k and 100k next year.So trading is based on the manipulation and finding the right price to buy the bitcoin.The final combo for the profit is holding with some patience.

I'm only talking possibilities and not 100% guaranteed scenarios, so I'm not at all preparing or worried for anything because I work for BTC, I get it instead of USD based on the conversion rates and that's it. And yes, downside will always remain a possibility because of the fact that whatever goes up, must come down (I guess Newton's law maybe?!)
As well, I've come here 3 months earlier than you buddy (registration dates lmao)
So that extra experience speaks as well haha  

One last time, I'd again ask this:
What the F is this dee cornz, man?  

No problem.. I stand by the points that I made in my previous post, and I don't even disagree that it is possible for the BTC price could end up going down or to go down way, way, way below expectations and to stay down there in those abysmal price locations way longer than any normal mortal would have had expected (in order to continue to shake out weak hands), but again, it seems to me to bare repeating that even those folks who have fantasy expectations of BTC low prices (which I cannot remove you from my categorizing you in such a way from your last post that seems to double down on your earlier post) better make sure that those downity praying folks are NOT only preparing for DOWNity scenarios, and hopefully you and your fellow no coiner, low coiners are not overly preparing for down... and then kicking ur lil selfies later because you were too busy overly preparing for what seems to be Armageddon-like scenarios that are probably way less likely than you are expecting them to be.

Lol there's nothing sort of fancy or even any fantasy that I've got for USD and I'm not against BTC at all. What I'm talking about is just a speculation we all are making here. Even macros won't want to lose the opportunity to play easy by keeping BTC's value low because then, it's actually easy peasy for them to not just manipulate it but also play good in futures and make lots of money, whereas increasing the value of BTC means reducing the size of the opportunity that they currently have. Those who are bragging about BTC a million dollar soon, BTC to 200k and blah blah blah, I'd ask them where are they now.

Times now are like, we may even see some big names be erased out of the markets due to macros playing it out big by adding enough selling pressure and making big parties bankrupt who hold too much BTC and even its long positions, to just get them liquidated.

It's crypto buddy, anything can happen here.
We saw it dump from $30 to $5, then from $1k to $250, then from $10k to $3k (probably even less) and recently, about $69k to around $16k, so anything can happen here and I believe there's much time left for halving so we can't even expect that to price in.

And what's this dee cornz, man?

Generally speaking, I agree with the idea of being conservative with expectations, even though a doubling upon the bitcoin price due to a cutting off of the issuance of new supply in regards to the halvening does seem to be a reasonable expectation.. however the point in which such doubling should be considered tio apply might be another question that involves what is the fair price of a bitcoin, and some might even argue that the November 2022 bottom of $15,479 is a fair price, and others might argue that the 200-week moving average is a fair price, and surely others have made other assertions in regards to the price location that they consider to be a fair jumping off point.

Surely another thing is that we cannot necessarily go by strict measurements in regards to "what is reasonable?" either, especially since bitcoin remains a paradigm-shifting phenomena that is really early in its adoption phase, and surely it is possible that the BTC price could continue to be suppressed, but it does not really seem to be a reasonable approach for anyone to take who happens to have some kind of a clue regarding what bitcoin happens to be.. which also seems to be a pretty small percentage of the world's population, since it seems that less than 1% have already bought some - and not even conceding whether those who have BTC understand what they happen to hold or that they have taken a sufficiently adequate stake based on what it is that they hold.


First of all, there is a lot of things that have already happened in the world in recent years that should provide enough information to be able to recognize that anyone would likely be in a better position to get into bitcoin rather than continuing to not have any bitcoin, so there are a lot of people, businesses/institutions and governments who still have to come the realization and recognition of the value of having some kind of a bitcoin policy (and/or stake in bitcoin).  In that respect, bitcoin is far from any kind of mature asset class, as seems to be the framework in which you are analyzing the situation Woodie.

Second, your use of the term crypto seems to show that you don't really know what the fuck you are talking about.    You have to be able to recognize and appreciate what is bitcoin in order to be able to recognize and appreciate the price of bitcoin and to consider various shitcoins in relation to bitcoin rather than just gobbing the idea of bitcoin into some kind of nonsense and amorphous framework that you refer to "crypto" as if it were some kind of a phenomena in which bitcoin happens to be one of the group of pieces of crap that are part of such amorphous current events. 

In other words, to me that it may well be valuable for you, and anyone else who is trying to attempt to understand what might happen with the price of bitcoin, to consider bitcoin in a way in which you are able to conceptually figure out how it differs from shitcoins and also to be able to use clear enough language that you are specifying what you mean when you use the term crypto and figure out whether you are still talking about bitcoin or have you reverted to some kind of vague language that no longer really has any kind of grasp upon how the role of sound money and the various network effects (in the light of those outlined by Trace Mayer in 2015) of bitcoin fit into what also seems to be happening with traditional banking systems and problems with the whole debt systems of the many shitty fiats in which the dollar still seems to be the strongest of the shitty fiats going through some ongoingly difficult to balance desperate maneuvers.


Sure the future is speculative, but the future is not a total stab in the dark in regards to what might happen (even though there are always going to be some surprise elements and happenings along the way), especially since we have some frameworks under which we can attempt to analyze what we believe the present is and what happened in the past in order to attempt to get us to some kind of an understanding of where we are at and where we might be going.

Those kinds of frameworks should help us to consider various future scenarios that we consider to be more likely than not, and therefore in terms of personal preparations for the future, we might be better off to attempt to assign probabilities to various possible scenarios and to try to prepare ourselves in terms of a variety of possible future scenarios rather than just sitting on our hands and proclaiming "anything can happen," and in that regard, it seems to me to be better for each of us (for our own good) to try to put more preparations into scenarios that we consider to be more likely than not... while at the same time, making sure that we are financially and psychologically prepared for the lesser likely scenarios too.


Yes, of course, we should also prepare for downity scenarios, and it seems to me that you are going to need a lot of luck if you are putting much, if any, preparations for $10k scenarios.


Wow!   

Good luck with that.

You will probably need it.


I am not saying that your scenario is not going to play out, but I would not consider it as anything even close to a base case likely scenario, and frequently there are way more needs for normies to prepare for BTC UPpity rather than to expect (or hope)(or to imagine) that macro scenarios will play out in such a way that there may be those kinds of BTC "bargains" in the near-term future... even if the dollar were to show its strength in those kinds of seemingly imaginary ways that you seem to be envisioning (in your seemingly fantasy framework regarding what is happening and/or likely to happen in regards to dee cornz, aka my lil precious).

For Bitcoin to be struggling hard to break above $30k again for months, I believe that it all depends upon the dollar's strength whether it'll be weak and let BTC skyrocket hard or if it becomes too much stronger, we may even see 1/10th ($10k) of what's speculated here i.e.; 100k

Let the time play its game because all we know now is, BTC had always been freely being manipulated until big players (institutions) put their foot forward into this and invested. Now, everything here moves just like we see in forex. So I believe that there are possibilities that if USD gets stronger and stronger, we don't have enough BTC supply here in terms of number to keep it strong against dollar which is why the fall will be big.

50k sounds like a reasonable price that we could hit with or without the halving in 2024,  but to say we shall get to $50k then hit a double because of the bitcoin halving all in one year is a big ask...
Besides something has to drive price up and at the moment nothing really stands out that can cause such a price jump,  unless something threatens something like the biggest currencies in fiat then everyone will be out trying  to protect their wealth by going with crypto.
For now its all speculative of what the future holds.

It would be amazing if Bitcoin could be at $ 160K in 2025 even though it is still beyond my personal reasoning even though you have revealed facts that have happened to Bitcoin in the past. But for now I would never envision such a big price on Bitcoin in 2025 which is a super bullish condition on Bitcoin with a market cycle that should really improve by then. Yeah I also hope that hopefully it can happen after 2024 is over.

In the last cycle after the halving in 2020 bitcoin made x20 from a bottom of 3k. If we assume the bottom was at 16k and take into account that each cycle gets less growth. For example that bitcoin could make 10x from the previous bottom, then the price could be 160k. But that will probably happen in 2025.

Nothing is certain, we just speculate continuously because in the end time will determine where the bitcoin price will go, but after the halving occurs, I think there will be a change for the better, but at least we have to wait a while after that, I talk like this because of looking at the previous history.

Usually bitcoin will be many times the previous ATH but I don't think 80/90K is the highest price even more than that with 100k for example later then for me it's too low for the next ATH, but it's all just my speculator which of course there will be less it too but to speak realistically maybe this year it is said right the price will not be too high but after ATH then it will be different for me there will be a more surprising factor where bitcoin can soar high.

This has passed and the bitcoin factor is no longer associated with FTX, I suspect some other bad news also doesn't affect bitcoin now it's just that the bearish phase is still going on.

If Bitcoins manages to cross 40k usd by the end of this year, then definitely in next year we will see an ATH price for the coin. But we have to also make sure that, there isn’t any bad news happening in between, like the FTX news that happened recently and for which the market completely crashed. We have know Bitcoins capabilities and we also know that Bitcoins are limited in numbers. Hence, when the demand of the coin increases the price will automatically go up.

Bullrun in the price of Bitcoin can occur before Bitcoin Halving or after Halving, we do not know for sure when Halving occurs when viewed from this point of view. But if you think about the price to touch the highest price level, I cannot predict it, even though you say if $ 28k then the possibility that Bitcoin can touch in 2024 is $ 50k and if $ 50k at the beginning of the year then $ 100k at 2024.
But I think Bitcoin will touch the highest price level in the range of $ 80K- $ 90k, I don't see so much Bitcoin potential can reach $ 100K, although basically I am also happy if Bitcoin touches the price level, but at least we have to be realistic with the situation what is happening right now.

Everyone expects this price to enter the Crypto market and everyone hopes that soon the bull market will take over the market and pressuring the price will continue to rise towards the new ATH, Although $100k is a big target in the next year we actually also expected about this, and now we will wait for the next price halving, and in the meantime continue to buy while the price is still low like this.


Selling on dips is not a good idea, to be honest we say everyone will realize that when prices are low it is not good to sell even if you panic you have to be able to hold it in, and instead of waiting for the market to return to good we suggest staying consistent in doing DCA in the market and we feel very good about taking advantage of this low market condition, even though it is risky we still do it because this is Bitcoin.

Of course, everyone understands that when a halving occurs, the price will skyrocket, of course, to be able to skyrocket depends on the previous price, if the initial price in 2024 can reach at least $ 50k then I'm optimistic that the price will easily reach $ 100k during the halving but if the initial price in 2024 is around $ 28 k then the max achievable price might be $50k.

Some people are skeptical about a $100K price in the next year when they see that Bitcoin is still under $30K at this point, because $100K is a very high price level for Bitcoin to generally take time to reach. Well, apart from the fluctuations that still occur in many cryptocurrency prices, there are also other factors such as investors and traders who still want to settle down and still want to enter the market to buy Bitcoin so that prices can go up to a high level.

Maybe he hasn't been in the market for so long or just saw how ATH and halving happened to Bitcoin without buying it before it happened so he looks quite optimistic by saying history might repeat itself on Bitcoin without considering certain conditions that can still happen in the market in every year. I personally don't think that Bitcoin will increase that high in the next year because it is a very far thing that Bitcoin has to achieve in the not so long time, so I still think that it is more likely to happen in the near future for Bitcoin.

Yes, many people are still confused about this. The bull season will only really come a year after the halving, not immediately after. So the predictions and expectations for ATH in 2024 are not entirely accurate. Not to mention we still don't know the exact halving date because that depends on the miners' mining speed of the miners, it could be earlier or later than expected. And if we believe in a 4-year cycle, then 2025 is the right time to end the old cycle and start a new one, not 2024.