Topic: Simple prediction: 2024 bitcoin at 200.000 dollars (Read 811 times)

Quote from: DeathAngel on April 27, 2024, 02:51:43 PM

I think it’s very unlikely we will achieve a price of $200,000 per Bitcoin in 2024. It just seems unlikely, it wouldn’t match with the historically repeating four year cycles. I think very possible the price of one Bitcoin hits $100,000 but $200,000 & potentially much higher will more likely be in 2025.

It is estimated that in the next few months there will be a correction, which will provide encouragement for Bitcoin to reach its highest level.
I agree with you that the possibility of 2024 will only be around $125K-$150K if there are no obstacles and will not be able to reach $200K, but it will probably happen in 2025 at the same time as the highest ATH that usually occurs every 4 years.

There have been several waves of price declines that occurred some time ago, this is a sign that the bitcoin market condition is starting to slow down, Whales also have to sell assets to pump bitcoin again to a high price of $125k.

The whales also need a lot of money to increase the price of bitcoin. Currently the altcoin season has not yet appeared. So I hope that in 2025 many altcoins will increase their prices. Take advantage until the end of this year there will be lots of coins at low prices.

During those two months, it was felt that the price of Bitcoin was indeed in a stable situation with the continued range. There was no turmoil that was very desperate to go down or might rise and not yet visible. People could regulate the movement of Bitcoin by selling assets, but if it is not supported by the community, it will not be felt.
The Altcoins season is not yet visible and indeed requires encouragement from Bitcoin and that will be possible at the end of this year, remain patient and wait for the meoment.

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Quote from: lepbagong on May 27, 2024, 01:52:11 AM

Quote from: AnonBitCoiner on May 19, 2024, 06:58:58 AM

We are waiting for 100k$ and it also looks difficult during the current year so we cannot assume the value of bitcoin more than this. Majority of the people have 100k$ of selling target and they will sell Bitcoin whenever 100k$ become achieve without any further delay.
-$-

It seems like a rational target for the end of 2024 is to want to be able to achieve what we wanted in 2021, but it wasn't fulfilled, so it's natural to hope that it will happen this year. But this is not the second ATH, because the prediction is that in 2025 the second ATH will be formed, so it is possible that the price will increase more than $100K, don't be in a rush to sell in 2024 but just wait for 2025 because the 4-year prediction will indeed happen in that year.

This is a proof that people are naturally greedy hehe Cheesy

, because they want more even though what is already given to them is already too much. For me, it's okay if $100k is not achieved in 2021 but the time for it has come this year. $100k is sure not a second ATH because there are countless times that we already have our ATH for BTC. Only from this year we already surpassed our previous ATH and broke another over $70k.

I am not only sure if there will be another ATH in 2025 because what I saw in the past years is that BTC seems taking a rest first right after hitting an ATH. A 4-year prediction might refer to the halving and this year was it, not in 2025.

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Quote from: AnonBitCoiner on May 19, 2024, 06:58:58 AM

We are waiting for 100k$ and it also looks difficult during the current year so we cannot assume the value of bitcoin more than this. Majority of the people have 100k$ of selling target and they will sell Bitcoin whenever 100k$ become achieve without any further delay.
-$-

It seems like a rational target for the end of 2024 is to want to be able to achieve what we wanted in 2021, but it wasn't fulfilled, so it's natural to hope that it will happen this year. But this is not the second ATH, because the prediction is that in 2025 the second ATH will be formed, so it is possible that the price will increase more than $100K, don't be in a rush to sell in 2024 but just wait for 2025 because the 4-year prediction will indeed happen in that year.

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Quote from: Uhwuchukwu53 on April 28, 2024, 12:10:41 AM

Yes I think going by the record the prediction is high and can't be achievable on this 2024 but within the $100k range can be of good prediction, though one can't under estimate what can happen but this is how the investment and hodlers handle the market before the halving and after when the bull run Will finally commenced.

We are waiting for 100k$ and it also looks difficult during the current year so we cannot assume the value of bitcoin more than this. Majority of the people have 100k$ of selling target and they will sell Bitcoin whenever 100k$ become achieve without any further delay.

We are just assuming the price but we cannot say that attaining high value is impossible because crypto prices go to the moon in months and can be reduced to lower cost in no time. So be careful in holding until your target gets completed otherwise changing ideas can be harmful for you.

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Quote from: gunungkembar on May 13, 2024, 12:50:00 AM

Quote from: DeathAngel on April 27, 2024, 02:51:43 PM

I think it’s very unlikely we will achieve a price of $200,000 per Bitcoin in 2024. It just seems unlikely, it wouldn’t match with the historically repeating four year cycles. I think very possible the price of one Bitcoin hits $100,000 but $200,000 & potentially much higher will more likely be in 2025.

It is estimated that in the next few months there will be a correction, which will provide encouragement for Bitcoin to reach its highest level.
I agree with you that the possibility of 2024 will only be around $125K-$150K if there are no obstacles and will not be able to reach $200K, but it will probably happen in 2025 at the same time as the highest ATH that usually occurs every 4 years.

There have been several waves of price declines that occurred some time ago, this is a sign that the bitcoin market condition is starting to slow down, Whales also have to sell assets to pump bitcoin again to a high price of $125k.

The whales also need a lot of money to increase the price of bitcoin. Currently the altcoin season has not yet appeared. So I hope that in 2025 many altcoins will increase their prices. Take advantage until the end of this year there will be lots of coins at low prices.

There was indeed a decline, but it was accompanied by an increase again, so it was not too affected, precisely like stagnant. If the market conditions weaken, I really agreed with what you say, and it is seen.
But does Whale sell his assets to be able to boost the price? Of course, it must be done simultaneously, so that it can be more effective, and when will it be done? Because, of course, there is a price such as now is too risky, it's better to wait for there will be a correction because it really needs large funds.
I think when Bitcoin passes through ATH many Altcons are not ready and late to also reach ATH, but it is certain that in 2025 it is the altcoin season to increase as well.

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Quote from: Skybuck on January 01, 2021, 08:16:24 AM

Data from https://coinmarketcap.com/currencies/bitcoin/

Hmm even https://www.blockchain.com/prices/BTC seems to have "lost" historic date, most unfortunate indeed.

Unfortunately it doesn't go back far enough, so this will have to do for now:

may 2016 bitcoin worth about 400 to 500 dollars. This is during the halving time.
may 2020 bitcoin is worth 10000 dollars. 20x
may 2024 bitcoin is worth 10000 x 20 ? = 200.000 dollars ?! Wink

(I believe the halving has something to do with it.)

I consider 200.000 dollar an absolute minimum, greed will probably make it go a bit higher, maybe 300.000 to maybe even 400.000 or 500.000 dollars =D

Bye for now,
Skybuck =D

Being positive isnt that bad but making at least some realistic approach would really be something more recommended so that you wont really be ending up on getting frustrated or
someone who would really be ending up on being disappointed just because the price didnt really be able to achieve on what you had anticipated. We do all know that Bitcoins price
could really be able to surprise us on which we know that in every market cycle it do really tends to be this way. Back in the past on which the price do make out multiple folds
but now that we are sitting on 60k+ then it could really be still potentially be able to hit 4x-10x more but of course everything would really be basing or depending on the market
demand on which this is something that really depends on it.

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Quote from: Skybuck on January 01, 2021, 08:16:24 AM

Data from https://coinmarketcap.com/currencies/bitcoin/

Hmm even https://www.blockchain.com/prices/BTC seems to have "lost" historic date, most unfortunate indeed.

Unfortunately it doesn't go back far enough, so this will have to do for now:

may 2016 bitcoin worth about 400 to 500 dollars. This is during the halving time.
may 2020 bitcoin is worth 10000 dollars. 20x
may 2024 bitcoin is worth 10000 x 20 ? = 200.000 dollars ?! Wink

(I believe the halving has something to do with it.)

I consider 200.000 dollar an absolute minimum, greed will probably make it go a bit higher, maybe 300.000 to maybe even 400.000 or 500.000 dollars =D

Bye for now,
Skybuck =D

you should work for blackrock

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I feel like something around 150 to 200 thousand dollars wouldn't be really all that crazy, I am not saying it would be in 2024, because I do not know if it will happen this year right away, maybe it will happen this year or maybe it will take a while but in the end I am sure that it will happen. Maybe it will take around 2025 spring or so, because usually we see it about a year later normally, so an April 2025 peak would not be all that unheard of, it would be something that will take some time.

We need to realize that we are going to do a lot better, and for that to happen we need to just focus on what could be done, if we can't really hold for that long, we should try to make some more income to try to hold a bit longer until then.

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Quote from: Skybuck on January 01, 2021, 08:16:24 AM

may 2016 bitcoin worth about 400 to 500 dollars. This is during the halving time.
may 2020 bitcoin is worth 10000 dollars. 20x
may 2024 bitcoin is worth 10000 x 20 ? = 200.000 dollars ?! Wink

May 2012 Bitcoin was worth $5, so in May 2020 it's 100x, this make your calculations off. Wink

Let's divide it by 5,
May 2016 100x
May 2020 20x
May 2024 4x which is $40,000, quite accurate.

While now the price is currently around $60K, even though there are still 17 days to go.

It is estimated that in the next few months there will be a correction, which will provide encouragement for Bitcoin to reach its highest level.
I agree with you that the possibility of 2024 will only be around $125K-$150K if there are no obstacles and will not be able to reach $200K, but it will probably happen in 2025 at the same time as the highest ATH that usually occurs every 4 years.

Remember, don't wait until the correction, I think most investors have learn to buy in the next few months and sell in the next year, but sometime it doesn't exactly same like the previous halving event. It could be now is the lowest.

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No one can predict bitcoin price, this makes bitcoin a perfect and exciting investment. If only we can we predict the price maybe we are now millionaire but its not, only few people who believe and work hard earn, because they hold without any hesitation, for me 200k$ bitcoin price is very high i don't know if bitcoin can reach that price this year i think it is impossible.

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Quote from: DeathAngel on April 27, 2024, 02:51:43 PM

I think it’s very unlikely we will achieve a price of $200,000 per Bitcoin in 2024. It just seems unlikely, it wouldn’t match with the historically repeating four year cycles. I think very possible the price of one Bitcoin hits $100,000 but $200,000 & potentially much higher will more likely be in 2025.

It is estimated that in the next few months there will be a correction, which will provide encouragement for Bitcoin to reach its highest level.
I agree with you that the possibility of 2024 will only be around $125K-$150K if there are no obstacles and will not be able to reach $200K, but it will probably happen in 2025 at the same time as the highest ATH that usually occurs every 4 years.

There have been several waves of price declines that occurred some time ago, this is a sign that the bitcoin market condition is starting to slow down, Whales also have to sell assets to pump bitcoin again to a high price of $125k.

The whales also need a lot of money to increase the price of bitcoin. Currently the altcoin season has not yet appeared. So I hope that in 2025 many altcoins will increase their prices. Take advantage until the end of this year there will be lots of coins at low prices.

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Quote from: DeathAngel on April 27, 2024, 02:51:43 PM

I think it’s very unlikely we will achieve a price of $200,000 per Bitcoin in 2024. It just seems unlikely, it wouldn’t match with the historically repeating four year cycles. I think very possible the price of one Bitcoin hits $100,000 but $200,000 & potentially much higher will more likely be in 2025.

It is estimated that in the next few months there will be a correction, which will provide encouragement for Bitcoin to reach its highest level.
I agree with you that the possibility of 2024 will only be around $125K-$150K if there are no obstacles and will not be able to reach $200K, but it will probably happen in 2025 at the same time as the highest ATH that usually occurs every 4 years.

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Probably a very low chance that the market is going to reach that market price, especially this year only, 200 in the market price is going to take a huge amount of cash that needs to be put into Bitcoin, not to mention it needs a catalyst or some sort of trigger in order to have a huge rally where the market could skyrocket on the top and break all-time high.

I would think that the price is gonna be able to reach that, it just wasn't going to be on the halving day, it's true that the halving has a huge effect on the market but it would take some time before it is going to have its effect in the after usually, it takes around a whole year before even it starts to take effect and start a huge rally of Bullrun, in my prediction the market price of the Bullrun all-time high is probably going to be around 150k$ but 200k$ seems to be doable I think.

As expected the market price started to drop down, and I think it was meant to happen on the Bitcoin halving but there were just some delays in the market movement due to high transaction fees.

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That's while we don't need to exaggerate much in price of bitcoin because it's obvious that price of bitcoin is something that can disappoint us, I think when op created this thread was like since two years ago and the price op put in quote have not reached to that particular price currently, that is to say bitcoin has disappointed op from it's analysis of bitcoin prediction, currently tye price of bitcoin reached 74000 dollars but has decrease to the extent that the price is at 61k currently, so I don't think op assumption will manifest this year 2024

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Quote from: dezoel on April 30, 2024, 04:53:23 AM

-snip-

This is the crypto market nothing is impossible here after seeing the movement of Bitcoin before Halving, I also thought that Bitcoin would touch $150k by the end of this year, but now the market condition is changing, we can see that BTC's upward momentum is not that fast anymore. So it will be too early to make predictions for $200k at this time.

Yes, I can say that by the end of this year, we will see BTC at $80k to $90k, or maybe $100k, but $200k is too far.

It has only been about a week or so since the halving event, we will need to wait for at least a few months before we can see where the market stands, and maybe then we can make better predictions about the highest point of Bitcoin in this bull run, for now, there is no clear sign or anything like that.

No big increase can be expected in the week after the halving - even if some users were hoping for it, then today they have found out that it did not come true. Of course - people ask why, but that's the fact.

Prices were corrected during April - especially ahead of the halving until the end of April. It's hard to expect a $200K hit in such a short time - but nothing is impossible. I can expect $100K in a few months after the halving - maybe later in the year is a good time to mention, but it could be sooner than we expect.

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Quote from: DeathAngel on April 27, 2024, 02:51:43 PM

For the bull cycle, maybe we can get to close to $200k, as there are predictions like $150k-$180k. But there are a lot of factors to consider here, like the war in the background and some other negative news that might impact the market to reach that high.

Anyhow, almost week after the halving, fees are back to normal or at least not that high as compare during the halving itself, pretty much the market has settled down. So still time to accumulate and see if the conditions next year will improved and as so we can at least see 6 digits this bull run.

This is the crypto market nothing is impossible here after seeing the movement of Bitcoin before Halving, I also thought that Bitcoin would touch $150k by the end of this year, but now the market condition is changing, we can see that BTC's upward momentum is not that fast anymore. So it will be too early to make predictions for $200k at this time.

Yes, I can say that by the end of this year, we will see BTC at $80k to $90k, or maybe $100k, but $200k is too far.

It has only been about a week or so since the halving event, we will need to wait for at least a few months before we can see where the market stands, and maybe then we can make better predictions about the highest point of Bitcoin in this bull run, for now, there is no clear sign or anything like that.

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I think it’s very unlikely we will achieve a price of $200,000 per Bitcoin in 2024. It just seems unlikely, it wouldn’t match with the historically repeating four year cycles. I think very possible the price of one Bitcoin hits $100,000 but $200,000 & potentially much higher will more likely be in 2025.

Yes I think going by the record the prediction is high and can't be achievable on this 2024 but within the $100k range can be of good prediction, though one can't under estimate what can happen but this is how the investment and hodlers handle the market before the halving and after when the bull run Will finally commenced.

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Quote from: barisbilgili on April 27, 2024, 01:28:49 AM

Quote from: el kaka22 on April 27, 2024, 12:36:23 AM

Not this year, I do not think so. I get that some people may want something like this, and that could be reasonable if you "want" it, but that would be way too much increase. We are talking about more than x3 in less than a year, we have about what 7 or so months left? Tripling the money in 7 months makes no sense at all if you ask me and that is not going to happen.

I personally believe that we are going to see maybe 100k if we are lucky and that's about it, I do not see that the price would be more than that. This is of course my speculation and my prediction, I could be wrong and if I am wrong and the price goes to 200k then I would be much richer so I do hope that I am wrong on this one, but I fear that unfortunately I am not wrong on this one and we won't go up that much.

I also think so, although Bitcoin price movements have been quite positive in the last few months with continued increases, but I don't think this year there will be a significant increase to reach 200k.

The price of 100k has been waiting for quite a long time and many people believe that it will happen at the next ATH after we saw the ATH in 2021, but everything happened not as predicted this year, the increase that occurred made a new ATH, although after that it was corrected again It's small that happens but for 100k this year I think it's more realistic.

We are in the month of April and the price of bitcoin is at $63,000, to reach $200,000 it would be necessary to increase 3x, it is not something impossible to happen because we have seen in the past the price of bitcoin rise a lot in a few months to the point of doing 3x or more, at this moment those people who cannot have patience and expected a big price increase immediately, become desperate and sell, while they sell the price drops, just like in the case of those people who bought at 15000$, 25000$ , $30,000 that made profits of 4x, 3x and 2x are selling a lot, this may take a few months to sell and as a result the price of bitcoin keeps falling and rising little.

but when the time comes when there will not be many people selling then the price will start to rise a lot and very quickly, because as no one wants to sell and the few who buy will be doing long term hodl, so the price will rise very constantly until it reaches very high values. as there are currently few new bitcoins entering the market and there are more institutional investors compared to many years ago, I won't be surprised to see the price reach $200,000 in a short time, I don't know if it will be this year, but I think we will see $200,000 in a short time

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I think it’s very unlikely we will achieve a price of $200,000 per Bitcoin in 2024. It just seems unlikely, it wouldn’t match with the historically repeating four year cycles. I think very possible the price of one Bitcoin hits $100,000 but $200,000 & potentially much higher will more likely be in 2025.

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Quote from: BITCOIN4X on April 27, 2024, 11:47:14 AM

To be honest I can't expect much from May, I think it's because the distance between the halving and May is too close. The price of bitcoin doesn't rise that much in a month, even if you are really optimistic about the predictions. History doesn't always repeat itself and it doesn't have to be the same, but I can expect a high rise after a few months of the halving instead of one month.

I'm not saying $200k is impossible by May 2024, but it might be a bit too high to expect. I just hope that bitcoin will test its highest resistance again next May, it would be even better if the price prints a new ATH too for the $74k to $75k range.

Yes it is too close to the halving so May will not fully increase significantly, for me this makes no sense even though some speculators believe it because it takes time for bitcoin to be at the $200K level it will not be easy the rest $100K we predict it in 2025.

There is no direct yet where was ATH before the halving? Then only in the current cycle that I know even though from the previous ATH is not big but we feel it is something different from before even though the jump after a few months of halving will be higher that we think.

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Quote from: Samlucky O on April 27, 2024, 06:25:15 AM

Letts just check the price difference in ATH at every circle.
1st was $1,163 – 2013
2nd was $19,333 – 2017
3rd was $68,982 – 2021
4th halving was supposed to have a new ATH from the previous but there was a big dip from the 3rd to 4th halving so we hope that by the end of 5th having a tremendous figure will be achieved.

I had to put that I bold for clarity. We're still in expectation of where price will get to in this 4th halving to form the ultimate new ATH. What we've seen so far after it broke the 2021 ATH is still far from what I'm expecting. Initially, since last year, I speculated that price would be around $120k–$150k but from what I saw a few weeks before halving is suggestive that Bitcoin is more likely to blow past that range I enclosed it in. I don't know if anyone saw the figures I'm going to supply here below but I don't know the source. I saw it in one of the telegram groups I belong 👇

BTC Halving Price History:

2012
$12 at Halving
$964, a year later

2016
$663 at Halving
$2,550, a year later

2020
$8,740 at Halving
$55,801, a year later

2024
$63,300 at Halving
1 year later...

So, we just wait and observe what's in stock. If we go by the figures up there and the number of X each did, let's even go with X4 which is for 2016 and the least; that puts the 2024 expectation around $250k. That will be crazy if it does come to pass, really.

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Quote from: Skybuck on January 01, 2021, 08:16:24 AM

Data from https://coinmarketcap.com/currencies/bitcoin/

Hmm even https://www.blockchain.com/prices/BTC seems to have "lost" historic date, most unfortunate indeed.

Unfortunately it doesn't go back far enough, so this will have to do for now:

may 2016 bitcoin worth about 400 to 500 dollars. This is during the halving time.
may 2020 bitcoin is worth 10000 dollars. 20x
may 2024 bitcoin is worth 10000 x 20 ? = 200.000 dollars ?! Wink

(I believe the halving has something to do with it.)

I consider 200.000 dollar an absolute minimum, greed will probably make it go a bit higher, maybe 300.000 to maybe even 400.000 or 500.000 dollars =D

Bye for now,
Skybuck =D

I think it's possible to get to $200,000 very quickly, as this season was the all-time high before the halving in 2024. So as far as possible there is a bull market after this halving, targeting this bull market I think it is possible for Bitcoin price to hit $200,000.

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To be honest I can't expect much from May, I think it's because the distance between the halving and May is too close. The price of bitcoin doesn't rise that much in a month, even if you are really optimistic about the predictions. History doesn't always repeat itself and it doesn't have to be the same, but I can expect a high rise after a few months of the halving instead of one month.

I'm not saying $200k is impossible by May 2024, but it might be a bit too high to expect. I just hope that bitcoin will test its highest resistance again next May, it would be even better if the price prints a new ATH too for the $74k to $75k range.

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Quote from: el kaka22 on April 27, 2024, 12:36:23 AM

Not this year, I do not think so. I get that some people may want something like this, and that could be reasonable if you "want" it, but that would be way too much increase. We are talking about more than x3 in less than a year, we have about what 7 or so months left? Tripling the money in 7 months makes no sense at all if you ask me and that is not going to happen.

I personally believe that we are going to see maybe 100k if we are lucky and that's about it, I do not see that the price would be more than that. This is of course my speculation and my prediction, I could be wrong and if I am wrong and the price goes to 200k then I would be much richer so I do hope that I am wrong on this one, but I fear that unfortunately I am not wrong on this one and we won't go up that much.

I also thought it wouldn't happen but bitcoin is very unpredictable and it always surprises us . I mean when people don't think it will happen it can happen , just like none of us believed that bitcoin would reach a new ATH before the halving but it ended up surprising everyone . So I think we should not rule out the scenario that bitcoin will reach $200k by the end of this year.

Because bitcoin is unpredictable , I think the best thing for us to do is to always be prepared for every situation and always have a plan b if things don't go as we predicted .

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Quote from: Skybuck on January 01, 2021, 08:16:24 AM

Unfortunately it doesn't go back far enough, so this will have to do for now:

may 2016 bitcoin worth about 400 to 500 dollars. This is during the halving time.
may 2020 bitcoin is worth 10000 dollars. 20x
may 2024 bitcoin is worth 10000 x 20 ? = 200.000 dollars ?! Wink

(I believe the halving has something to do with it.)

You know halving has it own influence for bitcoin price to increasing including altcoin at large, If you look at the historical data you would see that it's plays a crucial role in price of bitcoin most times even speculation and how people are carrying the price of bitcoin that could cause the price to increase that way you might feel. I.e, Let just say that a famous influencer tweet about bitcoin reaching $500k, other famous or known personality talks about bitcoin price to reach $1m at this point you would see that they have created impact within the market other small investor would look for a way to buy at this point you would see price keeps increasing.

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Quote from: Skybuck on January 01, 2021, 08:16:24 AM

Data from https://coinmarketcap.com/currencies/bitcoin/

Hmm even https://www.blockchain.com/prices/BTC seems to have "lost" historic date, most unfortunate indeed.

Unfortunately it doesn't go back far enough, so this will have to do for now:

may 2016 bitcoin worth about 400 to 500 dollars. This is during the halving time.
may 2020 bitcoin is worth 10000 dollars. 20x
may 2024 bitcoin is worth 10000 x 20 ? = 200.000 dollars ?! Wink

(I believe the halving has something to do with it.)

I consider 200.000 dollar an absolute minimum, greed will probably make it go a bit higher, maybe 300.000 to maybe even 400.000 or 500.000 dollars =D

Bye for now,
Skybuck =D

There is no guarantee that bitcoin will follow your analysis, but we hope it goes as expected in your description because we all are hoping the best for bitcoin. Bitcoin will suprise us sonner than expected. Bitcoin is the hope of all. Even if the analysis has not be statistically proven but we believe some how it may be true. it takes 4 years for another halving to take place, so it's possible before the nest halving, it may have reached $250k - $300k or $400k as described by you.
because the first halving happened on November 29 2012
bitcoin price was estimated to be $1,1632013
second halving happened on July 9 2016 and was estimated to be $19,3332017
the third happened on may 11 2020 with the price of $68,982.202021
Now the fourth halving has just happened on April 2024 we will be expecting the price change by the end of 2028 so there is a big possibility to even get above expectation.
Letts just check the price difference in ATH at every circle.
1st was $1,1632013
2nd was $19,3332017
3rd was $68,982.202
4th halving was supposed to have a new ATH from the previous but there was a big dip from the 3rd to 4th halving so we hope that by the end of 5th having a tremendous figure will be achieved.

Greyhats

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My target price's for this cycle are

Very Conservative: 110k
Conservative: 138k
Bullish: 170k
Ultra Bullish: 250k

I have posted this elsewhere and then kind got told off a bit for not being bullish enough. I’d like to be wrong in ultra bullish sense, maybe the meteoric rise we might see might go past 250k. All I know is that I will jumping for joy even at my conservative ranges. Grin

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Quote from: barisbilgili on April 27, 2024, 01:28:49 AM

Quote from: el kaka22 on April 27, 2024, 12:36:23 AM

Not this year, I do not think so. I get that some people may want something like this, and that could be reasonable if you "want" it, but that would be way too much increase. We are talking about more than x3 in less than a year, we have about what 7 or so months left? Tripling the money in 7 months makes no sense at all if you ask me and that is not going to happen.

I personally believe that we are going to see maybe 100k if we are lucky and that's about it, I do not see that the price would be more than that. This is of course my speculation and my prediction, I could be wrong and if I am wrong and the price goes to 200k then I would be much richer so I do hope that I am wrong on this one, but I fear that unfortunately I am not wrong on this one and we won't go up that much.

I also think so, although Bitcoin price movements have been quite positive in the last few months with continued increases, but I don't think this year there will be a significant increase to reach 200k.

The price of 100k has been waiting for quite a long time and many people believe that it will happen at the next ATH after we saw the ATH in 2021, but everything happened not as predicted this year, the increase that occurred made a new ATH, although after that it was corrected again It's small that happens but for 100k this year I think it's more realistic.

It was the target last bull run, and it was magnified by a certain prediction modelling that we will hit $100k in 2021. Unfortunately it didn't went well and that model was invalidated already. Now, we are in another bull run and maybe this is the right time that we can predict that indeed a 6 digit price is about to be reach. We have positive news like the Spot Bitcoin ETF being approved that pushes the price to $73k, a new all time high but it is pre-halving. But let's see how big this bull run is, the halving activity is already completed, price is above $60k++ and we have the next months to reach $100k. $200k though is too big for this bull run in my opinion, not impossible but it will take billions of money to flow into our market.

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Quote from: el kaka22 on April 27, 2024, 12:36:23 AM

Not this year, I do not think so. I get that some people may want something like this, and that could be reasonable if you "want" it, but that would be way too much increase. We are talking about more than x3 in less than a year, we have about what 7 or so months left? Tripling the money in 7 months makes no sense at all if you ask me and that is not going to happen.

I personally believe that we are going to see maybe 100k if we are lucky and that's about it, I do not see that the price would be more than that. This is of course my speculation and my prediction, I could be wrong and if I am wrong and the price goes to 200k then I would be much richer so I do hope that I am wrong on this one, but I fear that unfortunately I am not wrong on this one and we won't go up that much.

I also think so, although Bitcoin price movements have been quite positive in the last few months with continued increases, but I don't think this year there will be a significant increase to reach 200k.

The price of 100k has been waiting for quite a long time and many people believe that it will happen at the next ATH after we saw the ATH in 2021, but everything happened not as predicted this year, the increase that occurred made a new ATH, although after that it was corrected again It's small that happens but for 100k this year I think it's more realistic.

el kaka22

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Not this year, I do not think so. I get that some people may want something like this, and that could be reasonable if you "want" it, but that would be way too much increase. We are talking about more than x3 in less than a year, we have about what 7 or so months left? Tripling the money in 7 months makes no sense at all if you ask me and that is not going to happen.

I personally believe that we are going to see maybe 100k if we are lucky and that's about it, I do not see that the price would be more than that. This is of course my speculation and my prediction, I could be wrong and if I am wrong and the price goes to 200k then I would be much richer so I do hope that I am wrong on this one, but I fear that unfortunately I am not wrong on this one and we won't go up that much.

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Quote from: serjent05 on April 26, 2024, 05:17:07 PM

For the bull cycle, maybe we can get to close to $200k, as there are predictions like $150k-$180k. But there are a lot of factors to consider here, like the war in the background and some other negative news that might impact the market to reach that high.

I am fixated on speculation that Bitcoin won't break $200k this bull run until spot ETF is approved. I now think that Bitcoin have a better chance of breaking $200k this 2025 bull run since with these institutions taking part of the Bitcoin craze, it is highly likely that more investors will be attracted to invest more money on the Bitcoin market. We have seen how irregular the movement of Bitcoin price this pre-halving event, ATH of 2021 had been broken even before the halving event happens, so taking into consideration the recent market movement and looking forward to the bull run of 2025, I somehow think that $200k BTC is possible, but not this 2024 like what @OP is predicting.

Anyhow, almost week after the halving, fees are back to normal or at least not that high as compare during the halving itself, pretty much the market has settled down.

Probably people realized that they are minting useless NFT and think that they will suffer a huge loss if they continue with the NFT minting and paying with high fees.

I wouldn't used the term fixated though, maybe we are all excited what this bull run will bring? Bitcoin Spot ETF has been approved already and we did feel the impact of it right away as we have new all time high before the halving.

But it's going to be long term perspective as what could have been the effect to us. And that's why like you, we speculate that now $200,000 could be within reach because of this good news to us. Not just in the US, but there are countries who follow,

(https://www.cnbc.com/2024/04/15/hong-kong-regulators-approve-spot-bitcoin-and-ether-etfs-.html)

So everything is falling for us and we have this year and the next to achieved that.

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For the bull cycle, maybe we can get to close to $200k, as there are predictions like $150k-$180k. But there are a lot of factors to consider here, like the war in the background and some other negative news that might impact the market to reach that high.

I am fixated on speculation that Bitcoin won't break $200k this bull run until spot ETF is approved. I now think that Bitcoin have a better chance of breaking $200k this 2025 bull run since with these institutions taking part of the Bitcoin craze, it is highly likely that more investors will be attracted to invest more money on the Bitcoin market. We have seen how irregular the movement of Bitcoin price this pre-halving event, ATH of 2021 had been broken even before the halving event happens, so taking into consideration the recent market movement and looking forward to the bull run of 2025, I somehow think that $200k BTC is possible, but not this 2024 like what @OP is predicting.

Anyhow, almost week after the halving, fees are back to normal or at least not that high as compare during the halving itself, pretty much the market has settled down.

Probably people realized that they are minting useless NFT and think that they will suffer a huge loss if they continue with the NFT minting and paying with high fees.

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Quote from: Hallroom on April 26, 2024, 09:07:07 AM

For the bull cycle, maybe we can get to close to $200k, as there are predictions like $150k-$180k. But there are a lot of factors to consider here, like the war in the background and some other negative news that might impact the market to reach that high.

Anyhow, almost week after the halving, fees are back to normal or at least not that high as compare during the halving itself, pretty much the market has settled down. So still time to accumulate and see if the conditions next year will improved and as so we can at least see 6 digits this bull run.

Yes, of course we are waiting for the new price to arrive. We should just enjoy the process, one day the new price will occur. I think it's normal that good and bad news will affect the price. If we believe in this asset and especially with moments like now, it would be better for us to just accumulate as much as we can every month. It's best if there is an increase in transaction costs, let our assets be temporarily placed on an exchange, and if transactions are back to normal, then we can move them.

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Every bitcoin halving price at which the halving takes place has a high probability of increasing by a few when the next bull run starts from that bitcoin price. So $66,862 bitcoin halving took place from the current price. The 2025 bull market is more likely than 180K to $200,000.

What I see from each Bitcoin halving is a single digit increase in the price in the market and this has been proven from 2012 to 2024. This means that an increase in prices of two to three times the current price could very likely occur during a bullish market moment next year or at the end of this year. Although at the moment I am not thinking about a bullish market because I am still enjoying the current market conditions by buying DCA every month.

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Quote from: Skybuck on January 01, 2021, 08:16:24 AM

Data from https://coinmarketcap.com/currencies/bitcoin/

Hmm even https://www.blockchain.com/prices/BTC seems to have "lost" historic date, most unfortunate indeed.

Unfortunately it doesn't go back far enough, so this will have to do for now:

may 2016 bitcoin worth about 400 to 500 dollars. This is during the halving time.
may 2020 bitcoin is worth 10000 dollars. 20x
may 2024 bitcoin is worth 10000 x 20 ? = 200.000 dollars ?! Wink

(I believe the halving has something to do with it.)

I consider 200.000 dollar an absolute minimum, greed will probably make it go a bit higher, maybe 300.000 to maybe even 400.000 or 500.000 dollars =D

Bye for now,
Skybuck =D

Every bitcoin halving price at which the halving takes place has a high probability of increasing by a few when the next bull run starts from that bitcoin price. So $66,862 bitcoin halving took place from the current price. The 2025 bull market is more likely than 180K to $200,000.

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Quote from: pooya87 on April 25, 2024, 12:53:50 PM

For the bull cycle, maybe we can get to close to $200k, as there are predictions like $150k-$180k. But there are a lot of factors to consider here, like the war in the background and some other negative news that might impact the market to reach that high.

Anyhow, almost week after the halving, fees are back to normal or at least not that high as compare during the halving itself, pretty much the market has settled down. So still time to accumulate and see if the conditions next year will improved and as so we can at least see 6 digits this bull run.

We cannot say that such a price will never be achieved but it will surely take place one day and the day is not easy to predict therefore gather as much Bitcoin as you can and then sell little by little with the help of different targets. There will be good news and bad news which will play an important part in the ups and downs of the market so don't forget that for achieving such a target of 200k$ you have to maximize your patience.

The price of Bitcoin is still lower and does not exceed more than 66k$ but this is not about to worry but it's a normal part of this market. Bitcoin has not crossed 80k$ and once price starts to rise then everyone will believe that the effects of halving has been initiated which will lead Bitcoin and other altcoins to attain more higher value that they have not attained before this.

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Quote from: pooya87 on January 02, 2021, 08:32:11 AM

I personally think price will be at least twice that.

That's sad to read my comment from years ago again since today I do not think $400k this year is as possible as I thought back then because of the way global economy is struggling with recession thanks to all the interest rate manipulations and conflicts that keep on growing.

Once it's called a prediction, it means it will be right or wrong, so there's nothing sad when our prediction is wrong. But even when everything goes smoothly, like there is no more war, the Fed lowers interest rates, the world economy enters a recovery phase and prepares for a new growth cycle. Bitcoin reaching $400k is also very unlikely and I never dared to think about it although I also expect a super bull cycle next year.

400k$!, that is truly a huge number and imagine if bitcoin can reach 400k$, how big will the entire cryptocurrency market be by 2025? We won't grow that fast.

2Pizza410000BTC

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Quote from: Skybuck on January 01, 2021, 08:16:24 AM

Data from https://coinmarketcap.com/currencies/bitcoin/

Hmm even https://www.blockchain.com/prices/BTC seems to have "lost" historic date, most unfortunate indeed.

Unfortunately it doesn't go back far enough, so this will have to do for now:

may 2016 bitcoin worth about 400 to 500 dollars. This is during the halving time.
may 2020 bitcoin is worth 10000 dollars. 20x
may 2024 bitcoin is worth 10000 x 20 ? = 200.000 dollars ?! Wink

(I believe the halving has something to do with it.)

I consider 200.000 dollar an absolute minimum, greed will probably make it go a bit higher, maybe 300.000 to maybe even 400.000 or 500.000 dollars =D

Bye for now,
Skybuck =D

You can make a simple prediction that Bitcoin will be $200,000 in 2024. But I am not disregarding your prediction, I believe Bitcoin will be worth $100,000 by 2024. And Bitcoin may be worth $100,000 to $200,000 in 2025. Halving Since the new Bitcoin ATH was created before the Bitcoin halving, we will definitely see the new Bitcoin ATH again after the halving. But I can consider Bitcoin price to peak at $100,000 in 2024. And in 2025, the price of Bitcoin may exceed $200,000

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Quote from: Zanab247 on April 25, 2024, 12:35:04 PM

Your prediction will surely come through op, but it will not going to be this year if you have visited the market this year because the price is still around $63k, which it will be difficult for the price to jump to $200k in this year, well that is your prediction because anything can happen in the market for someone prediction to come to reality.

I would have agree with your prediction, assume you mentioned 2030 because I know that the price of BTC will hit $200k before the end of 2030 because the price has break into a new ATH this year, that made hodlers to rejoice because that is the first time seeing the price hit $73k over some years now.

If you want to be part of that amount you predicted in this trend, you can start saving some money from your working place so that you can buy when the bear run come and hodl till the price hit $200k before you can sell.

For the bull cycle, maybe we can get to close to $200k, as there are predictions like $150k-$180k. But there are a lot of factors to consider here, like the war in the background and some other negative news that might impact the market to reach that high.

Anyhow, almost week after the halving, fees are back to normal or at least not that high as compare during the halving itself, pretty much the market has settled down. So still time to accumulate and see if the conditions next year will improved and as so we can at least see 6 digits this bull run.

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Quote from: pooya87 on April 25, 2024, 12:53:50 PM

Quote from: pooya87 on January 02, 2021, 08:32:11 AM

I personally think price will be at least twice that.

That's sad to read my comment from years ago again since today I do not think $400k this year is as possible as I thought back then because of the way global economy is struggling with recession thanks to all the interest rate manipulations and conflicts that keep on growing.

Thats why predictions and laws in economics always add Ceteris paribus because human factor are unpredictable.
Many didn't expect BTC to dip to $15K+ because we didn't take FTX going bankrupt into consideration.
Imo, We could be seeing Bitcoin hitting new highs around 2025 to early 2026.
Open statement are usually more accurate
Bitcoin would reach $400K in years to come.

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Quote from: pooya87 on January 02, 2021, 08:32:11 AM

I personally think price will be at least twice that.

That's sad to read my comment from years ago again since today I do not think $400k this year is as possible as I thought back then because of the way global economy is struggling with recession thanks to all the interest rate manipulations and conflicts that keep on growing.

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Your prediction will surely come through op, but it will not going to be this year if you have visited the market this year because the price is still around $63k, which it will be difficult for the price to jump to $200k in this year, well that is your prediction because anything can happen in the market for someone prediction to come to reality.

I would have agree with your prediction, assume you mentioned 2030 because I know that the price of BTC will hit $200k before the end of 2030 because the price has break into a new ATH this year, that made hodlers to rejoice because that is the first time seeing the price hit $73k over some years now.

If you want to be part of that amount you predicted in this trend, you can start saving some money from your working place so that you can buy when the bear run come and hodl till the price hit $200k before you can sell.

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This is like that rainbow chart

There is no other way to describe what is happening in the cryptomarket now.

assuming BTC grows now as much as it had at some points in the past then sure giant prices are possible.

Until recently, I also didn't want to believe that such rapid growth would happen, but I will have to admit my erroneous forecasts in the face of the fact of what is happening.

"Simple prediction: 2024 bitcoin at 200.000 dollars" - in the title of this topic it looks crazy and it’s impossible to believe it, but I remember past cycles and many also could not imagine what heights bitcoin would reach. I want to say that exactly what no one expects happens, and in this vein, the price of $20k0 begins to appear as something quite achievable.

Dynamics of an oil tanker and a race car will vary, its bigger we have to take on board much slower progress even with alot of optimism I still dont think 100k this year and not 200k this year or next.

Well, yes. Bitcoin should have become slow and clumsy due to his current size, but as you can see, it is still able to show his swiftness.

We don't think that $100k or $200k this year are possible, but our expectations are nothing before the irreversibility of existence.

The current action is very positive but we dont continually hold the accelerator to the floor and call that a destination, its far too aggressive. The gains have to be digested in some way that is healthy and that will take more time then is clear right now. Almost always turns out that way even though BTC does gain alot at certain times.

That is why a temporary drop and pullback are inevitable. This pump is slightly inflated like a bubble.