Topic: Can Bitcoin reach 100k USD in 2024? - page 2. (Read 2183 times)
I understand what you mean, many of us are waiting for a new ATH after the halving, but unfortunately this has not happened yet. Usually, halving will encourage more market demand for bitcoin which has an impact on increasing its price, but something different happened at this halving moment. ATH was formed pre-halving, while many predictors say ATH will only exist after several months of halving.
Yes, that moment when ATH has reached even before the halving happens. Will that be the ATH that we get? hopefully not. We have to be patient until it reaches to $100k but as everyone is saying, it's unlikely that we see that price by the end of this year. As we're already several months after the halving, put that hope for the upcoming 2025 for the next ATH.Predictions are not always correct, but predictions can at least help you in making investment plans. Not just predictions, but I tend to classify them as analysis. Obviously analysis is needed to predict where the price of bitcoin will go, but $100k still seems reasonable to expect in 2024.
Predictions with or without basis can remain as a prediction but don't lean to much on them if it's about your financial and investing decision. You can use them as reference but don't merely rely on them because not every prediction out there is done based on facts and charts. 
Bitcoin price isn't about goals, it's about holding bitcoins. Because the more bitcoins you hold, the more you can profit in the future. Every person is currently investing in bitcoins, and they are patient because after few months the price of bitcoins will increase to the maximum. So now is the perfect time to invest in Bitcoin, as the highest returns can be found in the only investment.
On what grounds do you start to imagine that the price of Bitcoin can increase after a few months? Because if you only invest in a few months, you can immediately get such maximum profit through Bitcoin, of course everyone in the world will do that every year because they only have to be patient for a few months to see the profit through the investment they are running. So I started asking you on what basis Bitcoin can increase in a few months after we invest, while in its own cycle as has happened before, Bitcoin experiences a bullrun every four years, not every few months. So what you said is actually a bit confusing even though in essence what you said is good because it can encourage Bitcoin investors themselves.We have no reason for the cycle to not happen at the moment so we are expecting a big growth. Obviously this means if you buy right now, then you are going to profit and I do hope we are not wrong on this and the price goes up and we all get great amounts of money.
But what is clear is that predictions are not always one hundred percent accurate, even though the pattern is the same, the time will not be the same. Considering that this year the global economy is being hit by uncertainty due to war, coupled with the US election, it seems very difficult for bitcoin to reach $100k this year, maybe next year. This is just my assumption, everyone is free to speculate on the price of bitcoin, but what is certain is that we are getting closer to a bull run, so buying and holding bitcoin is a wise choice at this time.
Predictions are not always correct, but predictions can at least help you in making investment plans. Not just predictions, but I tend to classify them as analysis. Obviously analysis is needed to predict where the price of bitcoin will go, but $100k still seems reasonable to expect in 2024.
But what is clear is that predictions are not always one hundred percent accurate, even though the pattern is the same, the time will not be the same. Considering that this year the global economy is being hit by uncertainty due to war, coupled with the US election, it seems very difficult for bitcoin to reach $100k this year, maybe next year. This is just my assumption, everyone is free to speculate on the price of bitcoin, but what is certain is that we are getting closer to a bull run, so buying and holding bitcoin is a wise choice at this time.
Predictions are not always correct, but predictions can at least help you in making investment plans. Not just predictions, but I tend to classify them as analysis. Obviously analysis is needed to predict where the price of bitcoin will go, but $100k still seems reasonable to expect in 2024.
Bitcoin price isn't about goals, it's about holding bitcoins. Because the more bitcoins you hold, the more you can profit in the future. Every person is currently investing in bitcoins, and they are patient because after few months the price of bitcoins will increase to the maximum. So now is the perfect time to invest in Bitcoin, as the highest returns can be found in the only investment.
On what grounds do you start to imagine that the price of Bitcoin can increase after a few months? Because if you only invest in a few months, you can immediately get such maximum profit through Bitcoin, of course everyone in the world will do that every year because they only have to be patient for a few months to see the profit through the investment they are running. So I started asking you on what basis Bitcoin can increase in a few months after we invest, while in its own cycle as has happened before, Bitcoin experiences a bullrun every four years, not every few months. So what you said is actually a bit confusing even though in essence what you said is good because it can encourage Bitcoin investors themselves.But what is clear is that predictions are not always one hundred percent accurate, even though the pattern is the same, the time will not be the same. Considering that this year the global economy is being hit by uncertainty due to war, coupled with the US election, it seems very difficult for bitcoin to reach $100k this year, maybe next year. This is just my assumption, everyone is free to speculate on the price of bitcoin, but what is certain is that we are getting closer to a bull run, so buying and holding bitcoin is a wise choice at this time.
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Bitcoin price isn't about goals, it's about holding bitcoins. Because the more bitcoins you hold, the more you can profit in the future. Every person is currently investing in bitcoins, and they are patient because after few months the price of bitcoins will increase to the maximum. So now is the perfect time to invest in Bitcoin, as the highest returns can be found in the only investment.
On what grounds do you start to imagine that the price of Bitcoin can increase after a few months? Because if you only invest in a few months, you can immediately get such maximum profit through Bitcoin, of course everyone in the world will do that every year because they only have to be patient for a few months to see the profit through the investment they are running. So I started asking you on what basis Bitcoin can increase in a few months after we invest, while in its own cycle as has happened before, Bitcoin experiences a bullrun every four years, not every few months. So what you said is actually a bit confusing even though in essence what you said is good because it can encourage Bitcoin investors themselves. legendary
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I think we disagree there, I am completely sure that if Trump loses there may or is very very likely that the price of bitcoin will be affected and down, it is because of all the coins that exist in most people, now, if in the case that Trump wins maybe the price will not go up but it will not go down , I have realized that, there is the possibility that I may be wrong, but I think it is difficult, I also support that the process of each 4-year cycle can be fully fulfilled, but from November 5 onwards it may have an effect but it will not influence the general history of bitcoin.
Does Trump have any connection to bitcoin? No, what we have seen so far is that he has declared his support for it and that is just empty talk that means nothing. So even if he wins or loses it won't have any significant impact on bitcoin, he can only really impact bitcoin if he gets elected and starts making policies related to it. In case, if there is dumping when Trump is not elected in the upcoming election, it is just market manipulation by market makers.
I agree that whichever candidate wins will have a different impact on bitcoin and the industry as a whole but that will only really be clear when they enact policies for it. Who wins and who loses is just an excuse for market makers to manipulate the market.
With the rate of institutional investors now interested in the market, even if the election was not going to have any effect, it will now have because institutional investors are watching to know if they will remove their money by selling or input more money by buying when Donald Trump wins. Donald Trump has always had a thing for improving the US economy and he is going to do the same when he gets reelected and Bitcoin is also going to benefit from this because when the economy is not doing well, there would not be excessive cash available for other Investments to happen but if the economy is doing well, all other sectors and markets is going to benefit from this. The results of the election might get us closer to $100,000 but we are not getting that price for Bitcoin this year, definitely next year when everywhere is bullish.
What I like most about all this is that the economy that Trump intends to propose (If he wins) then it will have many aspects and if he has Already considered BTC and I imagine that the benefits will be very large , not only because of the Adoption that BTC can have but also the Acceptance of companies , and by seeking allies like El Salvador both can benefit , they will no longer depend only on an inflationary economy but will enter another era where the deflationary Economy is capable of lifting any country , even with a power Equal to or greater than gold, only there are People who do not see this , and I do not know , despite the fact that they have a very good intellect , the bad thing about politics is that it sometimes blinds ideas along with Progress.
We can’t anticipate that bitcoin price could suddenly reach a new all time high, or let’s say $100k. Of course, it will take small steps forward, but the important thing here is, bitcoin price continue to appreciate despite of some price crash that’s somehow inevitable due to high volatility. If other big time investments have taken a lot of tough times first before it become a hit, then bitcoin is not an exception. It will eventually achieve our goal price, patience is the key.
Indeed patience is the major thing we have to put on first when it comes to something that we don't know how it will turn out the next hour and Bitcoin has it's way of surprising both investors and traders but that's not the case, we only have to accept it the way it is. Some have it in mind that Bitcoin price won't hit $100k this year, we only have to use how positive the market price has been, like I consider the fact that each month has a way it moves. And I think the path Bitcoin price is heading it can get close to $75k but we ain't certain it will even get close to $90k before the year runs out, something new might happen but I hope it doesn't go back to $50k instead we have it at $70k+ this month.
However, bitcoin price volatility makes it more unpredictable. And with that, it's still best to keep buying and hodling, regardless if $100k will be achieved this year or later the following year.
Staying patience when Bitcoin price is gradually going down is very hard to keep hoping for the best, there would be a time when it starts going down and your patience level will start dropping before you know it you'll start panicking. Is never easy to stay positive for the breakthrough to happen, as of last 2 months when it never left $55k going downwards, I believe many would thought it was going to hit $49-40k but it got back up to a promising amount, that's to say the market price doesn't move in a particular direction that's why we find it hard to predict it even for a week. I agree with you that buying and holding is the best thing to do because we never know when it will fall in our favor. The question is are We ready?
In previous presidential elections, the market has always been bullish and bitcoin has hit new ATHs regardless of who wins. So I think this election result will be the same, there will be only one impact on bitcoin, that is positive impact, there cannot be any negative impact.
I think we disagree there, I am completely sure that if Trump loses there may or is very very likely that the price of bitcoin will be affected and down, it is because of all the coins that exist in most people, now, if in the case that Trump wins maybe the price will not go up but it will not go down , I have realized that, there is the possibility that I may be wrong, but I think it is difficult, I also support that the process of each 4-year cycle can be fully fulfilled, but from November 5 onwards it may have an effect but it will not influence the general history of bitcoin.
what if Trump doesn't win? Bitcoin won't hit $100k and we won't have a bull run? Even though you and I both support the same presidential candidate and I also believe a Trump victory would be much better than a Harris victory. But linking Bitcoin's growth to Trump is not entirely accurate because in the previous three cycles, regardless of who won the election, Bitcoin grew and reached new ATHs. So even if Trump doesn't win this time, Bitcoin will still rise and hit $100k because that's not too difficult a target for bitcoin. But the bull run may not be as intense and powerful as we expect without Trump as a catalyst.
We would see bitcoin 100k, no matter who wins and we should stop trying to attribute anything bitcoin does to trump, maybe some Americans (republicans) could be fools enough to think crypto has anything to do with trump, but there is none and this is why we won't be getting anything out of this, unrelated, completely unrelated.We need to focus on what to do and how to do it and we can't really be considering this as something that would not be fine at all, we are talking about what we are getting further ahead of the situation. We need to consider how we are getting something beneficial out of any situation and if a good news is a good news then we hype it, so if Trump likes bitcoin then sure we would be happy about it, but do not rely on him, those are two different reactions.
But what if Trump doesn't win? Bitcoin won't hit $100k and we won't have a bull run? Even though you and I both support the same presidential candidate and I also believe a Trump victory would be much better than a Harris victory. But linking Bitcoin's growth to Trump is not entirely accurate because in the previous three cycles, regardless of who won the election, Bitcoin grew and reached new ATHs. So even if Trump doesn't win this time, Bitcoin will still rise and hit $100k because that's not too difficult a target for bitcoin. But the bull run may not be as intense and powerful as we expect without Trump as a catalyst.
The win of Trump isn't a single factor to trigger Bitcoin price reaching $100k. I'm sure, Bitcoin still can reach its peak without a factor of Trump. Even we expect much on the win of Trump, we can't deny that many survey institutions showing Harris' superiority. So, we can't solely rely on the Trump win for the peak of Bitcoin.Indeed, Bitcoin still can grow to $100k without the hype of Trump win. I assume Harris won't be as strict as we think in regulating crypto policy in USA. US government also takes the advantage from crypto industry, they can't deny crypto contribution. SO,, Harris will also support the development of crypto industry if she is elected to be the next president.
Personally I support Trump because I want Bitcoin to grow faster and that will benefit all of us, and I don't think Harris can stop Bitcoin from growing even if she doesn't like it. Bitcoin growing and reaching $100,000 or more is just a matter of time, no one can stop it but it would be great if it could happen faster, and I believe that is why many people support Trump. But we should not be too dependent or connected between the development of bitcoin and Trump, that is completely wrong. Even if he wins, his term will only last 4 years while the future of bitcoin is still very long and will not stop at 4 years with Trump. So whether Trump wins or loses, Bitcoin price will continue to move forward.
But I think it's too early to think that Harris will promote the growth of the crypto industry if she is elected, with what she has shown in the election, I doubt it.
Bitcoin is very bullish currently.
Not long ago, Bitcoin reached a new all time high proving its sceptics false.
Do you expect it is possible in 2024 for Bitcoin to reach 100k USD?
Not long ago, Bitcoin reached a new all time high proving its sceptics false.
Do you expect it is possible in 2024 for Bitcoin to reach 100k USD?
Oh, no wonder, this topic was posted months ago, that's a month after the ATH in March, notwithstanding, we are still in 2024, the main question is still very valid.
I was more optimistic about Bitcoin hitting the $100,000 landmark in 2024 late last year and the beginning of this year, but the drama Bitcoin has been playing till now has made me change my view. Bitcoin is facing serious additional liquidity issues for it to sustain its growth and this is not forthcoming. My studies show that the usual hype is no more working, Bitcoin needs huge institutional liquidity to get to $100,000 as it takes hundreds of billions of dollars to achieve that.
I will always see 2024 as the great option to raise the price of btc, but for me there is a great fundamental that can determine the quick path to $100k and the fact that the movement could stagnate a bit, it is with the US presidential elections, without a doubt the result will be affected in the markets and btc is one of them, I think we all know the reason, however this does not mean that political factors decide the path of btc, but we are at the level of market speculation and all that is totally valid, we must wait for the best to happen.
aside from that.I still believe BTC could reach $100k because of the rate cut and we're still on the trajectory of $100k which supposed to take place a year after halving.
seeing the historical price action explains a lot that there's gap between big rally and halving, some people right now are in hurry just because bitcoin reached and surpassed previous ATH even without its big rally.
but I think people need to realize that things takes time.
But what if Trump doesn't win? Bitcoin won't hit $100k and we won't have a bull run? Even though you and I both support the same presidential candidate and I also believe a Trump victory would be much better than a Harris victory. But linking Bitcoin's growth to Trump is not entirely accurate because in the previous three cycles, regardless of who won the election, Bitcoin grew and reached new ATHs. So even if Trump doesn't win this time, Bitcoin will still rise and hit $100k because that's not too difficult a target for bitcoin. But the bull run may not be as intense and powerful as we expect without Trump as a catalyst.
The win of Trump isn't a single factor to trigger Bitcoin price reaching $100k. I'm sure, Bitcoin still can reach its peak without a factor of Trump. Even we expect much on the win of Trump, we can't deny that many survey institutions showing Harris' superiority. So, we can't solely rely on the Trump win for the peak of Bitcoin.Indeed, Bitcoin still can grow to $100k without the hype of Trump win. I assume Harris won't be as strict as we think in regulating crypto policy in USA. US government also takes the advantage from crypto industry, they can't deny crypto contribution. SO,, Harris will also support the development of crypto industry if she is elected to be the next president.
With the rate of institutional investors now interested in the market, even if the election was not going to have any effect, it will now have because institutional investors are watching to know if they will remove their money by selling or input more money by buying when Donald Trump wins. Donald Trump has always had a thing for improving the US economy and he is going to do the same when he gets reelected and Bitcoin is also going to benefit from this because when the economy is not doing well, there would not be excessive cash available for other Investments to happen but if the economy is doing well, all other sectors and markets is going to benefit from this. The results of the election might get us closer to $100,000 but we are not getting that price for Bitcoin this year, definitely next year when everywhere is bullish.
But what if Trump doesn't win? Bitcoin won't hit $100k and we won't have a bull run? Even though you and I both support the same presidential candidate and I also believe a Trump victory would be much better than a Harris victory. But linking Bitcoin's growth to Trump is not entirely accurate because in the previous three cycles, regardless of who won the election, Bitcoin grew and reached new ATHs. So even if Trump doesn't win this time, Bitcoin will still rise and hit $100k because that's not too difficult a target for bitcoin. But the bull run may not be as intense and powerful as we expect without Trump as a catalyst.
I will always see 2024 as the great option to raise the price of btc, but for me there is a great fundamental that can determine the quick path to $100k and the fact that the movement could stagnate a bit, it is with the US presidential elections, without a doubt the result will be affected in the markets and btc is one of them, I think we all know the reason, however this does not mean that political factors decide the path of btc, but we are at the level of market speculation and all that is totally valid, we must wait for the best to happen.
With the rate of institutional investors now interested in the market, even if the election was not going to have any effect, it will now have because institutional investors are watching to know if they will remove their money by selling or input more money by buying when Donald Trump wins. Donald Trump has always had a thing for improving the US economy and he is going to do the same when he gets reelected and Bitcoin is also going to benefit from this because when the economy is not doing well, there would not be excessive cash available for other Investments to happen but if the economy is doing well, all other sectors and markets is going to benefit from this. The results of the election might get us closer to $100,000 but we are not getting that price for Bitcoin this year, definitely next year when everywhere is bullish.
Bitcoin price isn't about goals, it's about holding bitcoins. Because the more bitcoins you hold, the more you can profit in the future. Every person is currently investing in bitcoins, and they are patient because after few months the price of bitcoins will increase to the maximum. So now is the perfect time to invest in Bitcoin, as the highest returns can be found in the only investment.
There should be a dream price for any investor, at that price level the investor finds it perfect to sell and not bother about how long they held, we invest in Bitcoin with the hope to sell some day and not to hold for eternity. Before the year rounds off, Bitcoin will experience a different price, may not be up to $100k or probably even since anything is possible but then we can keep up with adding more Bitcoins to our holdings. 
Bitcoin price isn't about goals, it's about holding bitcoins. Because the more bitcoins you hold, the more you can profit in the future. Every person is currently investing in bitcoins, and they are patient because after few months the price of bitcoins will increase to the maximum. So now is the perfect time to invest in Bitcoin, as the highest returns can be found in the only investment.
Simply put, the laws of the market still apply to bitcoin and all other crypto assets. I mean, when demand increases then the price will increase, and vice versa. The price of bitcoin is very volatile and easy to change for one reason or another, so always consider the risks before you expect people to invest in it. You probably won't lose bitcoin in the long run as long as you implement the best security methods, but the price will definitely fluctuate.Prices can change at any time without us knowing the exact cause, but you can still expect long-term returns as bitcoin grows. Adoption gives us good hope in the long term, but the price can never be guaranteed to remain high.
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