Topic: How did you see BTC in future? - page 5. (Read 961 times)

It is difficult to predict the price of bitcoin with certainty, because the price of bitcoin can be very volatile and depends on various factors and some experts believe that the price of bitcoin may continue to increase in the coming years. But it all comes back to our respective beliefs because to get into the world of bitcoin requires a belief that makes us stick to that belief and also strong patience until we reach the goals we want even though it takes a long time.
I don't predict the next bitcoin price because that will only make me have high expectations which will make me disappointed if they don't live up to expectations. And what I do is how can I keep holding my bitcoins to wait for the bitcoin price to reach 100k, and not be tempted to sell it as long as that price has not been reached.

You are not wrong, the limited supply of bitcoin, its fundamentals and the unlimited supply of fiat give to bitcoin a very high probability of growing on each cycle, however what we do not know is if we will be capable of holding our coins for so long, after all holding for a decade is not easy as during that decade a lot of things could happen which could force you to sell even if you had the perfect plan and the ability to hold your coins for that long.

I would say that in 2025 it will break over the 2025 barrier and that's about it. I do not make plans to put pricing into years, that's not something I do. What I "know" is that it will be higher overtime, the longer I hold it, the more profit I will make, if I sell now, I will be selling for lesser than next year, if I sell next year, I will be making less than 5 years later, and if I sell 5 years later, I will be making lesser than 10 years later. That's how it goes and that's what I believe in.

Maybe not everyone believes in that and I could be wrong about that, but that's what I believe in and I think that's how it is going to happen for sure. I understand that it is going to take some time before people could see that reality.

I see that in the future the price of btc will continue to increase, if you look at the previous years it will be very profitable if we start collecting btc now.
I am very sure that in the future the price of btc will continue to rise.

We couldn't expect but it is possible. Until now, we are not sure what will be the next ATH price for Bitcoin, it was certainly unpredictable but we are too positive that it will surpass the previous ATH. Well, what exactly are we gonna do for now is to prepare and fill our bag before it comes because it was useless thinking for $100k, $80k - if we don't have them when the price is just only $30k. It was exciting really and I take the chance while it was still low as I don't just speculate high but also take advantage of the situation.

Your first prediction of the year I think is still quite reasonable even though Bitcoin still hasn't touched $35K in this year until now. But for the next prediction for next year and also for the next year after next year, I think you are making a forecast that some people may not be able to digest at this time because the price you predicted for this year is the price you said for next year too. still requires a sizable upgrade from $40K to $50K.

This means that the time that Bitcoin and its holders have to have is quite a long time because in between increases it is usually also very often colored by corrections that are not expected by many people so this will not happen so easily with the measure of predictions you are saying now even though it can be very possible to say in this year.

Many of us doesn't consider the future of bitcoin but they only focus on the price predictions, bitcoin technology can fail anytime and that will be the end of bitcoin, its also possible that another technology may come out and take the position of bitcoin in future, but investors strictly focus on the predictions price of bitcoin which is may say that they assuming, because I know that it's difficult before will people who predicts the price of  bitcoin with a graph analysis of how bitcoin will become promising in next month and next year 2024, so many of the predictions doesn't not have proof to back it up, it's just like discussion and suggestions without a cogent reasons, I said before that I don't believe on the predictions of people I depend on my ability to interpret the existence of bitcoin and interpretation of movement of candle sticks  that determine the increase ratio of bitcoin and decrease ratios of bitcoin. If the technology of bitcoin continue moving on good frequency and run for more additional twelve (12) years, it can be said that bitcoin come to stay.

Yes, we experienced $31,000 this year before the price of Bitcoin decreased to 29,234 few hours ago which is a sign that this year will be more better than last year, because there was bearish market through out last year that made many holders to experience losses from their investment. Based on what investors are experiencing from the market now, show that 2024 will be a bullish season that will make long term holders to be celebrating because they embraced the opportunity to purchased Bitcoin when the price was low in the market. I think, there will be another bearish season 2025, that will make many investors that know how the system work to use the period to buy Bitcoin again and hold for future purpose.

Kinda similar, but I reckon we wouldn't see a move up from $50k in 2024. We'd probably see a quick pump (towards new ATH, possibly 100k) at the last quarter of the year(2025),  and well it'd probably balance it out by staying at say $30k or so by 2026.

A lot of people expect the price to go above $100k but with how things have gone, I don't expect we'd see any bigger gains than $100k at most.

I don't think so even though I hope so, for sure there will be ups and downs with the price of Bitcoin as has happened in the past, I'm sure that Bitcoin will indeed reach its newest ATH but of course before that there will be increases and corrections that will occur.
IN 2023 I don't think there will be any significant movement anymore and the price will continue to be close to 30k
In 2024 I'm sure there will be a correction that will occur, before finally recovering again the following year and reaching the latest ATH, I think my analysis is like that.

I don't know if I will say that I was disappointed. On seeing a very nice title like "How do you see BTC in the future", I was expecting the OP to discuss about the future of BTC. Maybe whether it will continue to exist or not, whether it will become totally an investment asset instead of currency, whether it will become a global reserve currency.
But going through the body of the post, I understood it's talking about price prediction. Then I understood why the topic is not in bitcoin discussion.

If we are going to evaluate the market we could easily project a high market price in the coming years, were already slowly gaining momentum and I think we are on the right track on Bull Run. At the end of 2023 we might be able to see 40k$, especially in November and December there are already a huge hype at the end of the year so it's possible that we could pump at that price, 2024 is going to be Bitcoin halving I didn't expect for the market price to skyrocket on the exact Bitcoin halving date but every time there is Bitcoin halving it triggers a Bull market and the market price is going to skyrocket a few months or after 365 days after the Bitcoin halving on 2024 im already expecting up to 50k$ just because of the halving but 365 days after the bitcoin halving, in my opinion, we could easily break all-time high at that time and that is why I accumulating bitcoin just for that Bullrun potential. 2025 for sure is somewhere the Bullrun could happen after that let's see how the market is going to react but if we are going to base it on a timeline that is the best prediction we could make.

I think Bitcoin will be in an uptrend within the stated year considering the incoming event and checking the price chart history.  I would say I speculate that the possible price of Bitcoin is as follows:

2023 = $45 to $50k at the end of the year due to the possible hype of Bitcoin halving

2024 =  $60k to $80k since halving is one of the catalysts of Bitcoin bull run I am looking forward for the Bitcoin uptrend.

2025 = $150k+ this year, bitcoin is supposed to record another All time high so I guess it will more than double its price from the previous ATH

Sticking into some realistic approach.

End of 2023- 35k-40k
End of 2024- 60k- 80k
1st-2nd quarter of 2025 - 100-140k

Really hard to tell though but these are my prices on which i do speculate for the price to go forwards but of course it wont be an assurance yet the market is always been that unpredictable.
There are really just those people who are really that too optimistic when it comes to this on which some do even believe that we would be reaching out 500k for his upcoming bull run
on which it is already that too much or unrealistic at all. People should really be wary about on how this market is really that too volatile but not on the sense
that you would really become too unrealistic with numbers.It would really be having that cycle on which it would be going up and down.

I well say that whatever we are saying concerning bitcoin price next year is just assumptions, because predictions of human over bitcoin always go wrong, what we should know concerning bitcoin speculation is that we most have a different information that looks real but not real. It's obvious that bitcoin price rise to certain point or price that's unexpected due to the demand of bitcoin at that particular point in time, we can't start this year 2023 to predict the particular price point bitcoin should ascertain next of 2024.

Many people has done this kind of predictions of bitcoin in previous year that bitcoin will rise to a certain point but all be in vain, the only thing I can see quite well that triggers the rise of bitcoin is when it possess a tangible information, right now the force that is behind bitcoin increment is from positive and negative information or speculation from the market, when demand is higher than supply it triggers the increment of bitcoin.

So next year 2024 nobody have known if bitcoin price will accelerate more than the current price of bitcoin in 2023, so I don't believe on mere speculation and untrue analysis given by people concerning bitcoin price, let assume that bitcoin price will propagate in 2024 but let us not make the price to be specific because bitcoin can increase and it can also decrease depending on the marketcap, those if figures we assume that bitcoin can clamp in 2024 their is every tendency that the price will depreciate to a level that is unbelievable and unbearable, but it's not our wish.

In summary : I will want us to study the chart, the movement of candle sticks of a chart before we make predictions of bitcoin next increment and decrement.

That’s why its called predictions which we should not depend on and if you believed on it, be ready for whatever the result is. I’m bullish with Bitcoin and seeing this predictions makes me more eager to hold more bitcoin and other altcoins as well. We are in a bear market for almost a year now and the next trend is an up trend, that is for sure. Hold more good coins now and be prepared for the next bull market, just think positively.

It is possible that the bitcoin price will indeed increase gradually following the halving that will occur in 2024. We have all been through the same period before, so it may be true that something similar will repeat itself until a new ATH is hit.

So far no one knows for sure what the highest value bitcoin will reach after the 2024 halving, but there is a possibility it will be over $200k or slightly lower. So don't worry, continue with your investment plan and hold your bitcoin to the long term plan. You will enjoy the returns from bitcoin if you are patient, but for now my advice is to accumulate as much as you can afford to lose.

2024 is year of halving and based on historical facts one can clearly say that we will see something big after this halving. I am accumulating bitcoin for bull run that will start after the halving. Having said that there is no confirmation about future price of bitcoin. We may or may see bull run after halving. All technical Analysis and charts are of limited help when it comes to predicting price of bitcoin.

we don't perceive exactly concerning the price but as we visualize the history of bitcoin so everyone can make prediction according to the previous years sometimes these prediction become verifiable and sometimes become fallacious depending upon the situations.

2023 is year of correction so sometimes it will downs from 30k$ and sometimes above 30k$ but it is guessed that it will accomplish the rate of 35k$ till the end of current year.
In 2024 there will be an year of halving where price will meet the rate of more than 50k$  and I think if more people sell their bitcoin so may be the price downs again but it will depends on that circumstances.

In 2025 the price will be more than 70k$ according to future prediction but no one perceive in real that what will be going to happen as cryptocurrency is volatile and reality is unspecified.

2023 1 BTC = 1 BTC
2024 1 BTC = 1 BTC
2025 1 BTC = 1 BTC

Holding onto the facts ;-)