What are your predictions for the state of Bitcoin in 2024? - page 3.

sheenshane

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Quote from: Pi-network314159 on January 09, 2024, 05:30:36 PM

Even if it doesn't reach it ATH, but there will be a massive push.

The price of this year could be a good start to reach the ATH.
I've witnessed twice that there's a massive push right after the next halving the 2nd and the 3rd halving which all of them bring a good price to the Bitcoin. A month(s) after the next halving the price went crazy and that's what most people anticipated now.

We've seen a lot of predictions over the internet and most of them have a positive perspective that Bitcoin will have a potential this year or in next year. No one knows, we should rather prepared.

Ndabagi01

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Quote from: Siyamsk on January 06, 2024, 12:03:49 PM

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.

Yes, bitcoin will be superior this year and will make some new achievements that we’ve not seen in the market before. This is the year of bitcoin halving and this is also the year that bitcoin ETF is most anticipated to be approved. If bitcoin ETF gets approved, we will likely be witnessing a bull run earlier before the real one. If bitcoin experience a bull run before its actual time, when the right time comes, the market will move up beyond wonders of what a lot of people are expecting it to be in the next bull run that will come after the halving.

Pi-network314159

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Year I believe bitcoin will be superior this 2024. the sign has already shown from last year and this year is the year of fulfilment. I am not a crypto expert to predict that, but with the analysis of people around the forum who are more knowledgeable about bear and bull season I think their are speculation about bitcoin this year to be good. Even if it doesn't reach it ATH, but there will be a massive push.

Agbe

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Op I disagree with very strongly. There was no way Bitcoin in 2023 was worse than Bitcoin price in 2022. Though I don't know how you calculate or made the analysis and nobody that is in this cryptocurrency from 2021 will agree with you in this statement. Let me break it down from my witness and experience of the market. In the early 2022, Bitcoin was $42k untill March 2022 when the price started dropping and from April 20022, the price dropped very well and from June to October the price was $16k and from December 2022 the price picked up to 20k$ and from April 2023 the price didn't come down to 30k$ and it was above till October 2023 and from November the price climbed to $40+k till now so I don't know where you got your information. I have given you my personal experienced of the market.

Upgrade00

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Quote from: kuriboh on January 09, 2024, 03:01:09 PM

It is true that the network, not the price, determines Bitcoin's superiority. That's right, and 1BTC always equals 1BTC. But I never thought Bitcoin would be so wasteful. When Bitcoin was at $55K+, I had a clear idea that it might touch $100k. But that's not how we saw the loss of BTC.

What do you mean wasteful? The market does not follow the idea you have about it, it's influenced by other factors.

Quote from: kuriboh on January 09, 2024, 03:01:09 PM

It allows us to buy when the price drops. But did you ever think that Bitcoin would be so cheap?

I've seen it as cheap as $3k.

kuriboh

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Quote from: Siyamsk on January 06, 2024, 12:03:49 PM

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 have had a terrible year in 2022, so bad that you can tell by looking at the market pattern. Bitcoin was all but doomed due to its poor condition. The beginning of 2023 was a bit bad, but finally, we saw a pretty good situation. Bitcoin's price will reach $45k by the end of 2023, which bodes well for 2024. I expect good things for BTC in 2024.

Quote from: Upgrade00 on January 06, 2024, 12:46:18 PM

Bitcoin's superiority is not determined by the price but the network.
1BTC is always equal to 1BTC and the network functions the same way right from when it first went online.

It is true that the network, not the price, determines Bitcoin's superiority. That's right, and 1BTC always equals 1BTC. But I never thought Bitcoin would be so wasteful. When Bitcoin was at $55K+, I had a clear idea that it might touch $100k. But that's not how we saw the loss of BTC.

Quote from: Upgrade00 on January 06, 2024, 12:46:18 PM

When the price drops it gives you an opportunity to buy more at a discounted price.

It allows us to buy when the price drops. But did you ever think that Bitcoin would be so cheap?

Quote from: Upgrade00 on January 06, 2024, 12:46:18 PM

Hownlow do you think fiat will drop in 2024?

What will happen in 2024 is impossible to predict, but in 2024, Bitcoin will recover everything before and move towards something better.

Awaklara

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Quote from: Siyamsk on January 06, 2024, 12:03:49 PM

Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year;

I don't see last year being a bad situation for Bitcoin. even increases tend to occur in Bitcoin. Yes, the situation happened very gradually, but anyone who pays attention to the Bitcoin market must have seen quite good progress in the last year.
this year, many expect Bitcoin to experience faster price growth than last year. and I hope there isn't a dump big enough to rock the Bitcoin market when it creates a pump.
the situation often occurs, when there is a high pump on Bitcoin, it will immediately be followed by a fairly deep correction. lately, there may be more observers watching the market.

PytagoraZ

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Quote from: Siyamsk on January 06, 2024, 12:03:49 PM

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.

Maybe this has been talked about often, but I am also quite sure that 2024 or 2025 will be a new ATH for Bitcoin. Moreover, in 2024, it seems like $60k is not difficult to achieve

But the bad news is, I don't have any bitcoins right now. Hopefully I can get a little profit from the increase in bitcoin prices and not miss the new ATH moment

2Pizza410000BTC

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Quote from: Siyamsk on January 06, 2024, 12:03:49 PM

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 went through 2022 in a completely bad state, but from the beginning to the end of 2023 we passed in a fairly good state. Bitcoin price reached $45000 at the end of 2023 which bodes well for 2024. I expect Bitcoin's new ATH for 2024. By 2024, Bitcoin will be in a position to set new records in Bitcoin's lifetime. I am looking forward to seeing the new light of Bitcoin because I am already committed to Bitcoin investment.

LDL

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Quote from: Siyamsk on January 06, 2024, 12:03:49 PM

Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year; in late ~~2003~~ 2023, 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 is fully decentralized so for now there is no reason to think about the future of Bitcoin because I have seen the bloody market of Bitcoin where Bitcoin was like 16000 in November 2022 but now Bitcoin is around $43000. So no matter how many negative updates come about Bitcoin in the market, I am sure the future of Bitcoin will be positive. I believe that after the next halving Bitcoin will definitely break all the previous records and the only investment in my future plans will be Bitcoin only.

Emmanuelex

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I have seen a lot of predictions being made for 2024, I don't know what to expect, but I am positive everything will be fine. All you have to do is the same thing we have all been doing before now: HoDL.

SamReomo

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Quote from: Siyamsk on January 06, 2024, 12:03:49 PM

~Snip~

Bitcoin's value was dropped because of the bad events that took place in the world and in the crypto-world in 2022 and in the start of 2023 Bitcoin was below $17k but by the end of 2023 Bitcoin was already trading over $44k and I believe that Bitcoin's price will be increased in this year 2024.

I'm very optimistic about Bitcoin's price increase and I also hope that we may see Bitcoin over $70k before the end of 2024. There's a chance of having Bitcoin at $55k before April 2024 but it will most probably reach that value before July 2024. The bull run has already been started and it will get intense over time.

serjent05

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I am also surprised when @OP states that the year 2023 is worse than 2022, but the fact that Bitcoin prices skyrocketed at the end of 2023 making the down turns on its early years of 2023 nullified by the gain before the year ended. Anyway, I think @OP is just confused.

I have a good feeling that this year, Bitcoin will uptrend more. There is this hype of Spot ETF, and the Bitcoin halving that can maximize the effect on bullish sentiment caused by the positive rumor about Bitcoin ETF. I am expecting a more bullish Bitcoin this year.

thecodebear

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Quote from: Siyamsk on January 06, 2024, 12:03:49 PM

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.

Are you describing an alternate reality?? lol

Your description of 2023 is entirely wrong. New version of Bitcoin?? A much worse year?? haha this must be a fictional thread.

jossiel

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Quote from: Siyamsk on January 06, 2024, 12:03:49 PM

Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year

Are you sure that 2023 was worse than 2022?

Quote from: Siyamsk on January 06, 2024, 12:03:49 PM

in late 2003, a new version of Bitcoin was released.

How old are we by that time? Huh

Because AFAIK, there's no Bitcoin yet by that time.

Quote from: Siyamsk on January 06, 2024, 12:03:49 PM

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.

My thought is that I think you have missed a lot of things for the past years but that's fine if you're still new. 2024 isn't actually the year of recovery but if you count that as is because we've fallen from $69k which was reached on 2021 and we're $44k by this time.

So, there's still a need to move and recover if that's what you think to be reached and be back there. But honestly, the market is good as of this time and it will become better after halving, etf rumors, etc.

Assface16678

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Well, we don't know what will happen to bitcoin in 2024, but the most important thing is that you will still invest in it. Yes, in the past years, bitcoin experienced a great fall in price, but still, the price is not that low, and even when it falls, there are times or events that the price spikes sharply, giving investors or traders a good profit. It's a matter of how you manage yourself and your investment in bitcoin. It's normal that the price will drop at some point; in fact, it's a blessing because the investors will have the option to buy bitcoin and wait for the increase in price. The volatility of bitcoin is what's making us a profit, so we should take advantage of it. We can't hope and hope that the bitcoin price will always increase and increase. There will be a balance in it. It's fine that the price drops sometimes, so we investors will take advantage of it and have a good profit.

hatshepsut93

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Everyone knows that in 2024 there will be a halvening, and halvening always meant bull run. Plus we have the ETF hype. The price will be rising but the peak of the market will happen in 2025, so 2025 will be the year for taking profits and for now there is still time to accumulate for those who did not yet.

Jegileman

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Quote from: Siyamsk on January 06, 2024, 12:03:49 PM

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 did not continue falling from 2022 to 2023. In the year 2023, we ended the year with a very good percentage increase in bitcoin, so bitcoin price was not even close to worse as of last year. Bitcoin is already recovering since last year, so I don’t think of any slow recovering this year but rather a more rapid growth for it that will be faster than that of last year. A lot of good happenings will occur in the market this year as many speculators have envision how the market will farewell this year.

electronicash

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Quote from: Siyamsk on January 06, 2024, 12:03:49 PM

Do you think Bitcoin will be superior by 2024? Please share your thoughts.

it's always been superior, particularly in the security of the network. nothing beats. i just watched the kitconews michelle makori Bitcoin predictions for 2024 is that it could go up to $200k which Lyn AAlden would be disappointed if it doesn't touch this price.

in one interview, they are saying that we could have the supercycle finally which in the 4 year cycle, 3 years could be an uptrend and one will be a downtrend. it could mean we will have bears in 2026 and then bulls again in 2027 til another halving.

mv1986

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Quote from: Siyamsk on January 06, 2024, 12:03:49 PM

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.

Unless some weird things happen, everything should grow in favor of Bitcoin. The infrastructure, the user base, the number of parties watching Bitcoin closely, the number of people familiarizing themselves with Bitcoin, the number of countries legalizing it, the wallets generated and many other things that would all be supportive of the Bitcoin network. This does not mean the price can't drop, it can as we have seen several times before. Despite overall growth of many of the important metrics, the price can do its own thing, but I think only temporarily. In the long run metrics will align with each other, price included.

Topic: What are your predictions for the state of Bitcoin in 2024? - page 3. (Read 439 times)