Heading into 2024 crypto year: what are your hopes and fears?

lepbagong

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Quote from: Oasisman on January 11, 2024, 06:13:49 PM

I have a lot of hopes and less fears even if bitcoin ETF is rejected, but it looks like it has already been approved, so I think fears become even more lesser now huh?
Everything is positive heading towards the bitcoin halving and beyond until 2025 the market sentiments seems really bullish, again especially now that bitcoin ETF has been approved. I think all investors in crypto space today have a pretty common hopes, that is to see another bullrun and see another ATH or even see a 6 digit bitcoin figure. With these 2 major events I guess it's safe to say that we can go all in with what we can afford to lose and pour it all to accumulate more fractions of bitcoin.

A small panic occurred after the approval, so it was corrected, but things could soon improve.with the approval that has occurred, attracting investors to move enthusiastically to buy in just a few days.Everyone, of course, hopes that there will be the best effect from the influence of the ETF. Indeed, in the end, it was not in vain that the latest news is that today Bitcoin has been able to pass $50K. Although it is still not stable enough to continue moving up and down,.Is this increase due to the effect of the ETF, or is it just when we are about to enter the halving period? I think both have the same effect.Perhaps the closest thing is how much the price can reach at the end of this year before finally reaching the renewable ATH next year.

Oasisman

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I have a lot of hopes and less fears even if bitcoin ETF is rejected, but it looks like it has already been approved, so I think fears become even more lesser now huh?
Everything is positive heading towards the bitcoin halving and beyond until 2025 the market sentiments seems really bullish, again especially now that bitcoin ETF has been approved. I think all investors in crypto space today have a pretty common hopes, that is to see another bullrun and see another ATH or even see a 6 digit bitcoin figure. With these 2 major events I guess it's safe to say that we can go all in with what we can afford to lose and pour it all to accumulate more fractions of bitcoin.

Lanatsa

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Quote from: BitcoinsGreat on January 11, 2024, 11:12:39 AM

Quote from: Palazodeen on January 10, 2024, 11:02:13 AM

Quote from: Porfirii on January 08, 2024, 11:08:40 AM

Nobody can tell for sure what will happen or of we will break the immense psychological resistance of 100k, but we can talk about hunches or sentiment.

Taking into account the news about incoming ETFs, the halving in the next months, the price action of 2023 and the pattern of cycles that repeat every 4 years approximately, I am quite optimistic for Bitcoin, and I'm almost sure that if Bitcoin takes off, many alts will have an incredible ROI, especially low caps.

We could lose it all too, the future is uncertain by nature, so I would avoid going all-in too, not to get our fingers burnt.

From what i observed yesterday night, I think there is every possibility that BTC would touch $100k or above if the BTC spot ETF is approved, BTC rose to $48k last night after a fake rumor of SEC approval hit the net before retracing back to $45k after it was observed the news was fake. It is now clear to me that the approval will definitely impact the price action but would BTC dip below $20k if it is rejected, that's the question i haven't gotten answer to

About this, we cannot ask anything because nobody knows what is the feature of Crypto Currency but at least we can share our advice. If we look back so in December of 2023 Bitcoin increased its price by 12.6 percent so I think in January Bitcoin rates will come down, and if the rate of Bitcoin came down so I think it is the best opportunity to buy because I think after January again go up.

No one knows about the future and theres no one could be able to do so. This is why even or despite of the positive things that we are seeing around recently but it doesnt really give out guarantees
that this would really be ending up on positive in the end of the day. Fears and anxiety on whats coming would really be just that normal since we've been able to experience those worst times on which the market
had really that corrected hard and reached out the bottom on which it is really just that giving out that kind of similar vibes and hesitance on which you wouldnt really make yourself that getting confident
whenever you do see these kind of pumps on which you would really be having impression that it is really just that a trap. Cheesy

We are all hoping for the positive thing on which it is really just that normal since we are really that having those coins investment on which we would really be expecting something like
making profits and this is something that would be a normal approach. Fears would really be just normally be pertaining into those losses and crashes
in the market on where people do mostly doesnt like about but since we are dealing on an unpredictable market then it would really be a typical thing to be encountered.

kamvreto

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Quote from: CageMabok on January 11, 2024, 11:51:21 AM

Quote from: BitcoinsGreat on January 11, 2024, 11:12:39 AM

About this, we cannot ask anything because nobody knows what is the feature of Crypto Currency but at least we can share our advice. If we look back so in December of 2023 Bitcoin increased its price by 12.6 percent so I think in January Bitcoin rates will come down, and if the rate of Bitcoin came down so I think it is the best opportunity to buy because I think after January again go up.

Have you seen how the Bitcoin price is on the market today? I was a little surprised when I saw Bitcoin's price move from $46K to almost $49K although it is now starting to return to near $47K. This means that everyone will not be able to guess how Bitcoin's price will travel because there will not always be a price decline in January, unless it is just a normal correction which will bring Bitcoin back to a better price increase in the market.

Bitcoin prices are unstable due to news about ETFs recently, so the impact is very visible.
last time I was still looking at a price of $44,000 but now being able to touch a price of $49000 is quite extraordinary. ETFs are very influential, but there appears to be some correction taking place. it is possible that the market is starting to saturate and it will take some dips to stabilize the market. The price of bitcoin will soon touch the $50,000 area and that will be highly anticipated and hopefully this January bitcoin will reach above that price.

CageMabok

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Quote from: BitcoinsGreat on January 11, 2024, 11:12:39 AM

About this, we cannot ask anything because nobody knows what is the feature of Crypto Currency but at least we can share our advice. If we look back so in December of 2023 Bitcoin increased its price by 12.6 percent so I think in January Bitcoin rates will come down, and if the rate of Bitcoin came down so I think it is the best opportunity to buy because I think after January again go up.

Have you seen how the Bitcoin price is on the market today? I was a little surprised when I saw Bitcoin's price move from $46K to almost $49K although it is now starting to return to near $47K. This means that everyone will not be able to guess how Bitcoin's price will travel because there will not always be a price decline in January, unless it is just a normal correction which will bring Bitcoin back to a better price increase in the market.

BitcoinsGreat

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Quote from: Palazodeen on January 10, 2024, 11:02:13 AM

Quote from: Porfirii on January 08, 2024, 11:08:40 AM

Nobody can tell for sure what will happen or of we will break the immense psychological resistance of 100k, but we can talk about hunches or sentiment.

Taking into account the news about incoming ETFs, the halving in the next months, the price action of 2023 and the pattern of cycles that repeat every 4 years approximately, I am quite optimistic for Bitcoin, and I'm almost sure that if Bitcoin takes off, many alts will have an incredible ROI, especially low caps.

We could lose it all too, the future is uncertain by nature, so I would avoid going all-in too, not to get our fingers burnt.

From what i observed yesterday night, I think there is every possibility that BTC would touch $100k or above if the BTC spot ETF is approved, BTC rose to $48k last night after a fake rumor of SEC approval hit the net before retracing back to $45k after it was observed the news was fake. It is now clear to me that the approval will definitely impact the price action but would BTC dip below $20k if it is rejected, that's the question i haven't gotten answer to

About this, we cannot ask anything because nobody knows what is the feature of Crypto Currency but at least we can share our advice. If we look back so in December of 2023 Bitcoin increased its price by 12.6 percent so I think in January Bitcoin rates will come down, and if the rate of Bitcoin came down so I think it is the best opportunity to buy because I think after January again go up.

JariKriting

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it could be that the price of bitcoin touched at its latest ATH price of 100k dollars. but not 2024 because usually the price of bitcoin skyrocketed not the year of halving but one year later the price skyrocketed. you can check the history of bitcoin prices. so the price of bitcoin rose high not in 2024 even though the ETF was approved.

peter0425

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Maybe you will have your answer now that the Spot ETF has been approved ,
this will bring you some chance to think it over and decide what will do now as the market shoes nothing after the approval.
but we don't know what will come any time soon because this is one event that had been waited by many and this will not just walk like this.

LogitechMouse

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Quote from: Palazodeen on January 08, 2024, 10:43:48 AM

~
I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights

I don't want to say that you don't need to go all in when it comes to investing, but we are experiencing a market that's more bullish than in 2022, and even in 2023. I'm optimistic, many investors are optimistic and many analysts are sharing their analysis online as well, and most of them are optimistic this year as well.

I'll just share that I went all in already in crypto since last year. Every spare money that I have has already been invested into Bitcoin, and other altcoins as well. I'm very bullish for this year, and I expect Bitcoin as well as other top altcoins to go up in price as well. Like you said though, there might be a time when we might see some unforeseen circumstances and because of that, I'm ready just in case the market goes the opposite way than what I expected.

BTC to reach $100,000? Yes, it will be. It's only a matter of when. This must be your question. "Will Bitcoin reach $100,000 on the next bull run?" I think it will reach that price but not this year though. My prediction is in 2025. It will be the year when it will reach the 6 digits for the first time. Cheesy

I might be wrong though.

Dave1

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Quote from: Fundamentals Of on January 10, 2024, 08:43:45 PM

I have a number of hopes and fears for Bitcoin this year. But just hours ago, some hopes are not anymore just hopes because of the approval of a total of 11 Bitcoin spot ETFs by the SEC. That's one of the biggest hopes within the year. Now, it has already actualized. At the same time, that has also effectively removed some fear about rejection by the SEC which might result in a significant price decrease.

We are now having a smoother ride in 2024. The halving is near. We are on the road to $100,000.

I do agree, even if there is no approval, I think we are still on the road to $100k as we are in the halving year. And we all know that throughout bitcoin's young history, the halving is the catalyst for the bull run cycle.

And now that there is approval as well, we have another big factor to look at in the future as obviously, more money is going to flow in the market that will really push the price to 6 digits or more. So we need patience here and wait for the next 24 months.

Fundamentals Of

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I have a number of hopes and fears for Bitcoin this year. But just hours ago, some hopes are not anymore just hopes because of the approval of a total of 11 Bitcoin spot ETFs by the SEC. That's one of the biggest hopes within the year. Now, it has already actualized. At the same time, that has also effectively removed some fear about rejection by the SEC which might result in a significant price decrease.

We are now having a smoother ride in 2024. The halving is near. We are on the road to $100,000.

Text

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The market is dynamic with its highs and lows. Witnessing the uptrend is fascinating, yet it's an unpredictable space.
I am also optimistic about the potential approval of the BlackRock Bitcoin spot ETF and the impact it will have on Bitcoin prices once approved. Additionally, the upcoming halving in a few months will contribute to a significant price increase. I am hoping for a better year, this might be the year when one of my dreams comes true, which is crucial for me in accumulating satoshis, holding, profiting, and using them for emergencies and beneficial purposes. I am also looking forward to having a new project or platform to focus on, apart from Bitcoin.
The fear lies in the potential decline of the ETF, as I know it can have a substantial impact on the trajectory of Bitcoin prices. Seeing Bitcoin prices fall again and return to a bearish trend is something I hope doesn't happen. Fingers crossed.

bhadz

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We've been telling about $100k since the last 2021 bull run and it was unsuccessful during that time because it didn't reached the price. But this time, with ETF, halving and all of the other factors combined to make this possible. And that's why I am optimistic that we're going to see $100k not just an ATH but part of the another ATH that we might see for the next cycle. It is going to take one year and a few months before we see it. That's the timeline that I've set just to be sure that I don't miss that part anymore. I want to sell some by that time but in no way that I am going to sell all that I hold, that's not a wise thing to do and I don't know when I can reentry so just in case, I'll do the safeway of selling and trading base on what I think is right.

OgNasty

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My hope is that the coins being held from the mtgox bankruptcy are distributed to creditors and we don't see too big of a price correction. I hope we start seeing corporations accumulate Bitcoin using mark to market accounting. I hope we see Tesla again state that they will be accepting Bitcoin in the future. I also hope we see more 110v Bitcoin miners so that competition brings competitive pricing and everyday people can support the Bitcoin network from their house.

My fear is that we see another major market crash after the halving and the market can't support miners so we see declining hashrate causing slower transaction confirmations, longer than 2 week difficulty readjustments, and massive mempool backlogs. While the halvings are exciting because if they go well we all get a massive increase in the value of our holdings, it can't go unnoticed that the halving is also the most likely time for a downward spiral in value and hashrate to take out Bitcoin.

TimeTeller

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Quote from: Gozie51 on January 10, 2024, 05:26:23 PM

Quote from: Palazodeen on January 08, 2024, 10:43:48 AM

I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights

Despite the bright lights shining as you see the glimpse of hope that this year is good to be a great run for bitcoin and crypto in general, a good investor is the one that does reasonable investment. So invest wisely and don't put unnecessary pressure on yourself because you want immediate profit. No doubt that after the halving we are going to see bull run and if eventually bitcoin ETF is approved then it will further increase the volatility, however don't borrow to invest or throw all your money in to avoid pressure to yourself for the price to get to your target point.

It is still best to be conservative with estimates, especially if you don't have much funds to spare.
Fake news about approval of btc ETF, already gained a good jump in price. What more if the approval is true?
So it is fine to invest a good amount here, however, you should consider your financial portfolio, if you really can afford to.

Gozie51

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Quote from: Palazodeen on January 08, 2024, 10:43:48 AM

I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights

Despite the bright lights shining as you see the glimpse of hope that this year is good to be a great run for bitcoin and crypto in general, a good investor is the one that does reasonable investment. So invest wisely and don't put unnecessary pressure on yourself because you want immediate profit. No doubt that after the halving we are going to see bull run and if eventually bitcoin ETF is approved then it will further increase the volatility, however don't borrow to invest or throw all your money in to avoid pressure to yourself for the price to get to your target point.

Agbamoni

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My hopes for 2024 are extremely high. I have managed to acquire some good amount of Bitcoin last year. Now i am expecting good news starting from the announcement of approving the Bitcoin ETF to the when the Bitcoin halving will start and end. Since i have heard there are so many good fortunes that would come if this two things happen this year.

Obviously, any old bitcoin investor will be very happy to see that the price of Bitcoin goes higher more than it has been. Currently at 47k plus is a good start in the beginning of the year. Definitely we believe that the price would be higher very soon and it will surpass its all-time high before the end of the year.

Actually, my greatest fear is that if the Bitcoin ETF is being approved. Let it bring about a positive influence on the price of Bitcoin and not a negative influence. I am talking about Bitcoin specifically because i have only bitcoin in my portfolio.

carlfebz2

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Quote from: EarnOnVictor on January 10, 2024, 01:15:14 PM

I was surprised that ORDI and SATS could move so well in a very short time last year but if we think it through we should have known that anything created on the Bitcoin blockchain now will have much patronage due to the mood of the season, so we should not be so surprised. As for 2024, this is going to be a great year for Bitcoin and the entire crypto space at large as Bitcoin will use its grace to lift them up.

The expectation of ETF approval might be cut off, but still, Bitcoin will find its path higher and another cryptocurrency will match up with it, it is just a matter of time. As we see now, the ETF saga has been dramatic since the beginning of this year unlike how it helped Bitcoin to climb high in late 2023 and the first week of the year. But now, it is a matter of tight range-bound that no one knows what the outcome could eventually be until the news breaks. We are all expecting, however, no matter what happens, I believe that Bitcoin will overcome any issues and even rise higher. This is the time of halving and the positive mood is already affecting the market, so let's all be optimistic as we move past $50,000 and $100,000 over time.

Based up on what i have read a few minutes or hours ago.

Cboe Says Bitcoin ETFs to Start Trading Thursday, Though the SEC Hasn't Approved Them Yet
https://www.coindesk.com/business/2024/01/10/cboe-says-bitcoin-etf-to-start-trading-thursday-ahead-of-secs-official-approval/

So this means that it is likely or almost assured that it would get approved? It would really be that impossible that they would be making out such immediate act
on starting on trading on thursday despite on having no final words about if its approved or not but basing up with these things then it would be
safe to assume that ETF would be approved.

In speaking generally about hopes and fears then it would be a never ending thing, fact is that this market would really be continuously
be making out such progress and recognition on which it is really that up to us on how we do deal things up accordingly.

EarnOnVictor

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I was surprised that ORDI and SATS could move so well in a very short time last year but if we think it through we should have known that anything created on the Bitcoin blockchain now will have much patronage due to the mood of the season, so we should not be so surprised. As for 2024, this is going to be a great year for Bitcoin and the entire crypto space at large as Bitcoin will use its grace to lift them up.

The expectation of ETF approval might be cut off, but still, Bitcoin will find its path higher and another cryptocurrency will match up with it, it is just a matter of time. As we see now, the ETF saga has been dramatic since the beginning of this year unlike how it helped Bitcoin to climb high in late 2023 and the first week of the year. But now, it is a matter of tight range-bound that no one knows what the outcome could eventually be until the news breaks. We are all expecting, however, no matter what happens, I believe that Bitcoin will overcome any issues and even rise higher. This is the time of halving and the positive mood is already affecting the market, so let's all be optimistic as we move past $50,000 and $100,000 over time.

Nrcewker

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I never feared from Bitcoins to be honest. I only invest the amount which I kept specifically for investment purpose only. Moreover I have seen the growth of Bitcoins from nothing to becoming a high value digital asset. Hence it’s obvious that I will be investing for long term only. I am hoping Bitcoins to cross 70k price mark by this year. If it happens then more people will show interest to accumulate the coin and the demand will increase which will eventually lead to price high.

Topic: Heading into 2024 crypto year: what are your hopes and fears? (Read 172 times)