Topic: What are your predictions for the state of Bitcoin in 2024? (Read 439 times)
People have already pointed on the mistakes in the post regarding the past and the prices, so I'll focus on the main question about 2024. It seems to me that, over the last year, Bitcoin has been gradually growing in value, and this trend continues so far in 2024. Of course, there are some corrections along the way, but then recovery happens pretty fast, and Bitcoin continues building up value. I expect 2024 to be a good year, a year during which this build-up continues, up to a new ATH being reached in Q4 2024 or so. There can always be unfortunate surprises like major negative regulation decisions, crashes of major crypto businesses, etc., so things can still go South. But that would just postpone the inevitable by a few months, so to speak.
Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year; in late 2003, a new version of Bitcoin was released. Furthermore, the market is gradually improving and stabilising. By 2024, we expect a slow recovery from our Bitcoin downturn. In the near future, it will also bring us good news. Things will get better with time. Do you think Bitcoin will be superior by 2024? Please share your thoughts.
I don't think you've been following the market closely because you need to get your facts checked. 2023 wasn't worse for Bitcoin and the market because the market started recovering when we entered 2023. Bitcoin managed to reach $28k from $17k in the first couple of months in 2023, and by the end of the year, the price of Bitcoin reached about $45k. So, I don't see how and on what basis you are saying that 2023 was much worse for Bitcoin and the overall market.If we talk about 2024, it is going to be a part of the recovery process, but I don't expect a lot of action in 2024, at least not until the halving event occurs. We might see some surprising ups and downs after that which will occur in April. So, these three or four months are almost going to go with the market going mostly sideways.
Not expecting too much I think 2024 is the halving season starting year. If we see the history price of bitcoin then we will see that the price of bitcoin always start the bull run after the ending of bitcoin halving season not in the halving season. But bitcoin ETF approval accepted now in this month so we can see a positive effect on bitcoin price for this.
On the other hand, if you look at every halving year, then we should expect bigger things to happen specially that it is the catalyst for a bull run. It could be as massive as the last time, and I think majority is seeing at least $100k as the next all time high.And with that, we should be very excited once again as the bear market is officially over once we are in the post halving. Bitcoin ETF approval should just be another factor to add to the positive sentiments of the market for this year so let's wait and see how everything will settle in the next 10 months or so.
Yes, it is going to be tough to wait it out, and I understand that when it's low and we accept that but right now we do not know if it is going to be low or high in the short term, so that makes people worried. I would say do not make short term plans and invest for the long like a year ahead or two years ahead. That would make you do a lot better when the time comes and you should feel better about it.
I honestly expected a lot more out of bitcoin when the ETF news finally hit this week. I knew that all the rumors and discussions going on about bitcoin over the last few months had "fueled the fire", so to speak, where bitcoin did sort of already have the news of the bitcoin ETF being approved baked in to the price.
I thought for sure once it was announced btc would fly past 50k, but I of course was wrong.
I thought for sure once it was announced btc would fly past 50k, but I of course was wrong.
Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year; in late 2003, a new version of Bitcoin was released. Furthermore, the market is gradually improving and stabilising. By 2024, we expect a slow recovery from our Bitcoin downturn. In the near future, it will also bring us good news. Things will get better with time. Do you think Bitcoin will be superior by 2024? Please share your thoughts.
We all envisage a bright future for Bitcoin in 2024. Some speculators have actually predicted Bitcoin to be over $100k in 2024, especially with the approval of BTC ETF approval but the recent turn out of events has actually posed as a serious challenge to those speculations except the institutional investors start playing big in the space.
Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year; in late 2003, a new version of Bitcoin was released. Furthermore, the market is gradually improving and stabilising. By 2024, we expect a slow recovery from our Bitcoin downturn. In the near future, it will also bring us good news. Things will get better with time. Do you think Bitcoin will be superior by 2024? Please share your thoughts.
Ignoring the mistakes the OP mentioned, I think you need to be more serious before giving out any information.And 2024 speculation is abound, you can also see a lot of speculation on social media. Mostly I see optimism following the approval of the Bitcoin ETF, and the perception that we will soon see stronger price increases. Although I am also very optimistic, I probably still maintain the view that after the halving, the bullish cycle will really occur, and the volatility will be around $20000 - $65000.
Anyway, everyone has their own strategy and access to price speculation to make their own choices. Looking at the long term, there is no doubt that if everything is guaranteed, bitcoin will always bring profit.
Not expecting too much I think 2024 is the halving season starting year. If we see the history price of bitcoin then we will see that the price of bitcoin always start the bull run after the ending of bitcoin halving season not in the halving season. But bitcoin ETF approval accepted now in this month so we can see a positive effect on bitcoin price for this.
On the other hand, if you look at every halving year, then we should expect bigger things to happen specially that it is the catalyst for a bull run. It could be as massive as the last time, and I think majority is seeing at least $100k as the next all time high.
And with that, we should be very excited once again as the bear market is officially over once we are in the post halving. Bitcoin ETF approval should just be another factor to add to the positive sentiments of the market for this year so let's wait and see how everything will settle in the next 10 months or so.
And for the approval of the ETF, this year's halving might be greater in bullish effect, only that since the market has been inculcated into the mainstream of the financial market where institution traders/investors have taken over, the growth might no more be as people are saying, nonetheless, it should be sizeable enough to give people profit, especially those who can buy it through the futures market.
Not expecting too much I think 2024 is the halving season starting year. If we see the history price of bitcoin then we will see that the price of bitcoin always start the bull run after the ending of bitcoin halving season not in the halving season. But bitcoin ETF approval accepted now in this month so we can see a positive effect on bitcoin price for this.
I am very worried about the state of the bitcoin market. The bitcoin market fluctuates almost daily and I want to know if there is a possibility that the price of bitcoin will go to 50k$ within this year. I bought bitcoin a few days ago because I can imagine that the bitcoin market can be very good. .Now if the price of bitcoin goes to dumping then maybe I will have a lot of loss. Now I am very worried about investing in bitcoin. 
2023 was certainly a prosperous year for bitcoin, not a worst year for bitcoin. Unlike 2022, bitcoin price by 2023 has made a significant price surge for bitcoin that made the people surprised to see it happening all of a sudden especially when the fake news for SEC approval has arise. Plus having the fact that bitcoin halving is coming near, the crypto market was very positive that year that made bitcoin to stay above $40k.
For 2024, I am expecting to see bitcoin more positive than 2023 most especially that SEC has finally approved bitcoin ETF, and that we are close to the next bitcoin halving that is bound to happen this year. A lot are preparing for bitcoin halving as it could lead to a new all time high for bitcoin.
There was some market improvement in 2023, at the very least, and significant market correction in 2023 due to significant damages caused in 2022. The best year will be 2024 if 2023 was a good year. I continue to wonder if Sec is merely inventing alternative justifications for why they were hacked, or if they are genuinely seeking for new means of controlling the market. The market will begin to decline as soon as there is any bad news. For 2024, I am expecting to see bitcoin more positive than 2023 most especially that SEC has finally approved bitcoin ETF, and that we are close to the next bitcoin halving that is bound to happen this year. A lot are preparing for bitcoin halving as it could lead to a new all time high for bitcoin.
There are a lot of benefits, and now is the right moment to keep onto bitcoin if the Sec could only approve the ETF. This would be another opportunity to raise the price in addition to the impending halving. Because there will be a huge surge if Sec approves the halving. And of you look at the situation a lot of people have hold for a long time so profit is behind the holding.
Not expecting too much I think 2024 is the halving season starting year. If we see the history price of bitcoin then we will see that the price of bitcoin always start the bull run after the ending of bitcoin halving season not in the halving season. But bitcoin ETF approval accepted now in this month so we can see a positive effect on bitcoin price for this.
On the other hand, if you look at every halving year, then we should expect bigger things to happen specially that it is the catalyst for a bull run. It could be as massive as the last time, and I think majority is seeing at least $100k as the next all time high.
And with that, we should be very excited once again as the bear market is officially over once we are in the post halving. Bitcoin ETF approval should just be another factor to add to the positive sentiments of the market for this year so let's wait and see how everything will settle in the next 10 months or so.
Not expecting too much I think 2024 is the halving season starting year. If we see the history price of bitcoin then we will see that the price of bitcoin always start the bull run after the ending of bitcoin halving season not in the halving season. But bitcoin ETF approval accepted now in this month so we can see a positive effect on bitcoin price for this.
ETF approvals and the upcoming halving could make 2024 a record year for cryptocurrencies, I wouldn’t be surprised if bitcoin breaks six figures. Who knows? but Crypto market is highly unpredictable as well.
In fact, without ETF approval, Bitcoin would still grow after the Halving every four years. Bitcoin will always be a pump and dump market. It's just that since ETFs exist, price manipulation will be lighter than before. Just look at the current market price starting to decline sharply, but those who panic will later be disappointed when they see the growth of bitcoin. Because it cannot be denied that in bitcoin there is always an event of selling news and taking some of the profits after the news. If we want to invest in Bitcoin in the long term, we don't need to worry.For long-term bitcoin investment, this is a good moment for bitcoin to reach a new ATH after the halving. Additionally, ETFs will bring new cash flows to the market slowly and sustainably. Hopefully we can all achieve big wins this year and next year from bitcoin investment.
Bitcoin's value will rise after halving, possibly boosting the crypto economy. There are surprises and lessons in each cycle of this pattern, which is almost rhythmic.
Given prior tendencies, Bitcoin may grow after 2024. As the cycle ends, it may peak around 2025 and then fall.
How about viewing these cycles as Bitcoin's maturation rather than financial phases? Challenges, successes, and wisdom come with each cycle. Each cycle of Bitcoin's value fluctuation is part of its journey.
Im excited to see what 2028 brings. The crypto world and Bitcoin's function are changing. This trip is fascinating and unpredictable, and Im into it.
Given prior tendencies, Bitcoin may grow after 2024. As the cycle ends, it may peak around 2025 and then fall.
How about viewing these cycles as Bitcoin's maturation rather than financial phases? Challenges, successes, and wisdom come with each cycle. Each cycle of Bitcoin's value fluctuation is part of its journey.
Im excited to see what 2028 brings. The crypto world and Bitcoin's function are changing. This trip is fascinating and unpredictable, and Im into it.
It has started , from the Approval of Spot ETF of Bitcoin and the coming Halving what else can you ask for more here mate? this is an complete answer of how you ask that superiority or the dominance from the market.
but now that it is here and coming then we can expect that 6 digits not long from this year of the next.
The Bitcoin price wave seen in the market yesterday is quite clear that Bitcoin could surpass its all-time high ATH so that it will create new history at the next ATH. I think the current moment is quite appropriate because the halving and agreement has given Bitcoin more freedom to increase this year and the level of correction that occurred yesterday also has an influence on buyers who are increasingly enthusiastic in the market for Bitcoin. Apart from that, the increase in prices for other cryptocurrencies is also increasingly visible so that the market really looked bullish yesterday. but now that it is here and coming then we can expect that 6 digits not long from this year of the next.
Same state, it will have its ups and down in price because of its volatility.
Now since Bitcoin ETF has been approved, I believe we should expect something good, like making another new all time high this year. But since the market is always unpredictable, we don't know what's gonna happen next. All we could do is to watch if you're a holder, trade with caution if you're a trader, and don't even FOMO if you're planning to invest in Bitcoin.
Now since Bitcoin ETF has been approved, I believe we should expect something good, like making another new all time high this year. But since the market is always unpredictable, we don't know what's gonna happen next. All we could do is to watch if you're a holder, trade with caution if you're a trader, and don't even FOMO if you're planning to invest in Bitcoin.
After this announcement, the price of Bitcoin pumped slightly, almost to $49k, and is now experiencing a decline again. some holders or traders may be a little surprised to see such a rapid situation, as there was indeed hope that a pump higher could occur.
some traders may have already benefited from the short pump. but holders are definitely waiting for an even higher pump moment. we are only at the beginning, and still waiting for the next few pumps this year.
The SEC's approval of bitcoin ETFs does not mean that bitcoin will no longer be highly volatile, and it is also normal for bitcoin to rise to $49k and then fall to $46k. I don't understand why people are surprised and disappointed about that.
One thing I see is that people have put too much hope in the ETF and believe that it will help bitcoin increase in price strongly. But for me, I think if everything was easily predictable, then who would buy us high-priced bitcoin? Bitcoin will always be unpredictable.
Same state, it will have its ups and down in price because of its volatility.
Now since Bitcoin ETF has been approved, I believe we should expect something good, like making another new all time high this year. But since the market is always unpredictable, we don't know what's gonna happen next. All we could do is to watch if you're a holder, trade with caution if you're a trader, and don't even FOMO if you're planning to invest in Bitcoin.
Now since Bitcoin ETF has been approved, I believe we should expect something good, like making another new all time high this year. But since the market is always unpredictable, we don't know what's gonna happen next. All we could do is to watch if you're a holder, trade with caution if you're a trader, and don't even FOMO if you're planning to invest in Bitcoin.
After this announcement, the price of Bitcoin pumped slightly, almost to $49k, and is now experiencing a decline again. some holders or traders may be a little surprised to see such a rapid situation, as there was indeed hope that a pump higher could occur.
some traders may have already benefited from the short pump. but holders are definitely waiting for an even higher pump moment. we are only at the beginning, and still waiting for the next few pumps this year.
Same state, it will have its ups and down in price because of its volatility.
Now since Bitcoin ETF has been approved, I believe we should expect something good, like making another new all time high this year. But since the market is always unpredictable, we don't know what's gonna happen next. All we could do is to watch if you're a holder, trade with caution if you're a trader, and don't even FOMO if you're planning to invest in Bitcoin.
Now since Bitcoin ETF has been approved, I believe we should expect something good, like making another new all time high this year. But since the market is always unpredictable, we don't know what's gonna happen next. All we could do is to watch if you're a holder, trade with caution if you're a trader, and don't even FOMO if you're planning to invest in Bitcoin.
Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year; in late 2003, a new version of Bitcoin was released. Furthermore, the market is gradually improving and stabilising. By 2024, we expect a slow recovery from our Bitcoin downturn. In the near future, it will also bring us good news. Things will get better with time. Do you think Bitcoin will be superior by 2024? Please share your thoughts.
It has started , from the Approval of Spot ETF of Bitcoin and the coming Halving what else can you ask for more here mate? this is an complete answer of how you ask that superiority or the dominance from the market.but now that it is here and coming then we can expect that 6 digits not long from this year of the next.
Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year; in late 2003, a new version of Bitcoin was released. Furthermore, the market is gradually improving and stabilising. By 2024, we expect a slow recovery from our Bitcoin downturn. In the near future, it will also bring us good news. Things will get better with time. Do you think Bitcoin will be superior by 2024? Please share your thoughts.
Tho I do agree that on 2022 Bitcoin market wasn't really joyful, but on the contrary 2023 was one of the best year for Bitcoin, the market was good, more and more countries acknowledge Bitcoin and make an official policy regarding the use of Bitcoin. We slip a little bit with the popularity of BRC-20 and Bitcoin Ordinals that shoot the transaction fee through the roof, but other than that 2023 is a good year.
I guess on 2024 the uptrend will continue we are still expecting the halving so speculators will still put their money on bitocin. And for better or worse, on this early years we now have Bitcoin ETH. So I wil keep my hope high for 2024.
Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year; in late 2003, a new version of Bitcoin was released. Furthermore, the market is gradually improving and stabilising. By 2024, we expect a slow recovery from our Bitcoin downturn. In the near future, it will also bring us good news. Things will get better with time. Do you think Bitcoin will be superior by 2024? Please share your thoughts.
Bitcoin has always gained superiority in the crypto market. Maybe we just see it slow growing last year but as expected, recovery never came that fast even before as it takes months or years before it turns back high and bullish again. But this year, we already have filled with some bullish indications of the market, and the surge is even fueled by the ETF approval plus halving. But I don't think this year will reach ATH because as we recall from the previous years it comes almost a year after halving. Of course, it can be wrong knowing the unpredictability of the market but at least, we have our bags filled and ready to sell when it comes. Jump to: