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Topic: What are your predictions for the state of Bitcoin in 2024? (Read 380 times)

legendary
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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.
hero member
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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.
legendary
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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.
Halving definitely brings in the storm with it, do not look at all these drops and rises that we have today, these are market movements and they happen all the time, there is nothing wrong with them, I think the most important part would be just assuming that we are going to be dealing with something much bigger in a year.

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.
legendary
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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.
sr. member
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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.
sr. member
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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.
hero member
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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.
It is going to fly higher! I don't think there is any controversy about this, Bitcoin is moving higher, and we should not mind what is happening recently which is highly discouraging, it is temporary, especially after the ETF approval. This is well-expected by me, the hype of the ETF approval was too much, it is always like that, and the market will not be freaked again when it eventually gets approved. This is what we are experiencing now, but with time Bitcoin will move higher and will hit $100,000 for sure even if it doesn't move higher than that. One thing that is sure is that the next ATH will be determined in the next post-halving season, and we are all waiting for halving to happen, which will erase all that is happening now in the Bitcoin market.

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.
sr. member
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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.
full member
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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.

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.
hero member
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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.
sr. member
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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.
sr. member
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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.
hero member
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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.
hero member
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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.
hero member
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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.

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.
hero member
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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.

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.
sr. member
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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.
sr. member
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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.
sr. member
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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.
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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.
hero member
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I don’t know where you got this assertion from but they are wrong. To begin with the value of bitcoin doesn’t decreases but rather its price reduces and 2022 wasn’t the year it started. Secondly the overall price of bitcoin in 2023 did increase from around $16k to around $40k plus that’s around 160% pump so i don’t see last year as a bad one for bitcoin price. In 2024 we expect a better price increase than 2023 because of the much anticipated bitcoin halving.

I definitely agree with your comment.

With the BTC halving happening around April 26, 2024, expect its price to significantly increase in the market. Miners will definitely receive half of what they can currently mine which thereby increases the general price of BTC in the market. In fact, there are some threads that are speculating that the price of BTC may even reach $400,000 by the time the halving happens 1 but still, there can be no accurate forecast on this.

With this information, it is now definitely recommended to HODL your coins in order to take advantage of the coming halving. For BTC's current state this 2024, I really expect its price to increase which is definitely a win-win situation for everyone.



1 https://www.coinspeaker.com/countdown-bitcoin-halving-2024-106/
Because of that, accumulating more bitcoin ansd hodling them is the best option. Although we can't guarantee that bitcoin halving will bring the same effect from its previous, but all I know is that bitcoin halving will bring a positive and big effect on bitcoin once it starts to happen. So no doubt, bitcoin by 2024 will definitely be a life changing and a win win for everyone.
sr. member
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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.
Definitely these two events would shape the future of Bitcoin firstly SEC approval which is already done would surely trigger a high volatility in the price of Bitcoin to bullish run infact the Volume of Bitcoin traded on daily basis would rise sharply of course this is well expected since the fundamental news is positive coupled with the upcoming halving of Bitcoin I believe all those two positive news would push the price of Bitcoin to an ATH of $100K before the end of the year above all cryptocurrencies would thrive very well this year alot of altcoins would also thrive thus a big profit for early investors.
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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.
The approval of the Bitcoin ETF is going to make the price of Bitcoin to skyrocket although we don't know if it's going to be immediately or something that would take place later. We just have to keep our eyes on the market and watch the future if Bitcoin creating a new height above the previous high. This is the time when altcoins would be doing well in the market and for us to make more profits, we just need to invest in some of the altcoins that we think would do well in the market looking at the nature of the projects and the community influence to push the price of the token bullish.
hero member
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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.
hero member
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For me yes, especially in this first quarter of 2024, the sign is when Bitcoin broke $47,000 a few days ago.
That is the sign for me, so even ETF will approve or not, I believe it will not affect really the price of Bitcoin, people already immuned about this ETF, they don't give a shit anymore to this.
Bitcoin has its halving and its bull runs are strongly correlated with its halving. Bitcoin Spot ETFs are not big contributors for Bitcoin bull run or bear run, halving is more decisive.

Bitcoin Halving cycle
Cycle repeat

They are two big things I look at in 2024 and I don't have plan to sell my bitcoins before the end of 2024. Along the way of Bitcoin bull run this year, there will be many news and fud but I believe demand on Bitcoin in 2024 will increase. As principle of supply and demand, its price will increase.


I believe bitcoin's recent rise to $47k was more related to ETF-related news than the halving event. In these days I don't see anyone talking about halving, everything that is spreading on the internet is ETFs, etfs. You're right, ETFs aren't the only factor driving bitcoin prices up, but it's clear that recent bitcoin volatility is related to etfs.

I believe that if the ETF is not approved, it will also have negative implications for the development of bitcoin and may cause the bull season to come later than we expected. Although the SEC's rejection of ETFs has been going on for many years, the heat on ETFs this time is completely different than many years ago, so the final result will also have a greater impact.
Now ETF has been approved then it didnt really did much of an impact if we do speak about increasing prices on which the price did make out some retracement on which means that not every positive sentiments
could really give out such positive impact from time to time into bitcoins price. Now that we are on 2024 on which it is the halving year then it cant really be that denied nor really be avoided for people not think
about those probabilities that this upcoming bull run would be huge considering that ETF has been approved then inflow of institutional funds would realy be something big on which its not really that shocking
that people or investors around is really that expecting something positive into this cycle on which this would really be huge.

This is why on someones personal own approach then it would really be that wise that you should really make yourself some position at the bottom or low price specially that the price
isnt really that getting high or really that getting pumped. If you do really mind off about making profits then this is the best time on securing your position.
Dont let this situation or opportunity come to waste considering that we are still that early to make positions and dont let yourself get left behind by the train
once again.
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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.
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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.
As Bitcoin has been bearish for a long time, Bitcoin enthusiasts will now see its bullish movement. Bitcoin halving event occur every four years through which the price of Bitcoin increases dramatically. From 2012 to 2020, we have seen three halvings of bitcoin. Now in 2024, Bitcoin Halving is going to happen after a few months later. 2024 will be a historical year not only because of Bitcoin halving, but ETF funds are going to be associated with it. SEC's ETF approvals have resulted in a massive increase in the market cap of the crypto market. I will definitely look at this year differently than others.
sr. member
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Of course yes, the bearish cycle ended in December 2022 and since then the price has only gone up.

And it will continue to rise as we have the halving, the start for the new bull run has already been given!

enjoy the journey! After the storm (2022) there always comes a calm, nothing falls forever!
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The price of Bitcoin always move by session which one need to understand and it always occur after Bitcoin halving which the price normally skyrocket and has happened every four years counting down which the first Bitcoin having was 28. Nov. 2012 and second halving was 9. July 2016 and third one happened May 11. 2020, Base on the history after Bitcoin having, it always has a great impact price increase that no one can give exactly price, which is currently now Bitcoin halving 2024 is fast approaching and is going break the previous price increase.
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I don’t know where you got this assertion from but they are wrong. To begin with the value of bitcoin doesn’t decreases but rather its price reduces and 2022 wasn’t the year it started. Secondly the overall price of bitcoin in 2023 did increase from around $16k to around $40k plus that’s around 160% pump so i don’t see last year as a bad one for bitcoin price. In 2024 we expect a better price increase than 2023 because of the much anticipated bitcoin halving.
You are right mate. 2023 was indeed a profitable year for bitcoin since the rate of price increase is actually high compared to its previous year, and most probably, we will see a better version for bitcoin by 2024 as SEC has finally approved bitcoin ETF and from there, we will see bitcoin price rising significantly which will be a good start of the year. And the most awaited part is bitcoin halving, which is set to happen early this year so we should look forward for it.
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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.
The main thing is that it is never possible to say with 100% guarantee what the future price of Bitcoin will be, but if we want to analyze the past records, it is possible to make a prediction. That being said, I would say that 2024 will be a happy year for those who have passed through 2022 and 2023.
Because I think 2024 is a recovery year for Bitcoin. The reason I am saying that observing the previous and after situation of bitcoin past halving periods. I think the price of bitcoin will be better in 2024 than 2023 it may fluctuate around 40k to 50k range
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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 is still too early to speculate but one thing is for sure it keeps on thriving. A lot of things might happen on it's way to the end of 2014 but I know Bitcoin will stay as great as it is.
hero member
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Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year.

I don't know where have you gathered that data, but let me tell you that it is not correct. In 2022 bitcoin took a huge fall, but 2023 is actually a good year as bitcoin have made a noticeable recovery and turn everything around, a complete opposite than 2022.

By 2024, we expect a slow recovery from our Bitcoin downturn

Again, I don't know where you have heard it, but majority of the investors are not expecting a slow recovery this year all the way to 2025, but again it's the other way around. Everyone are so bullish because of the bitcoin halving and the news regarding spot bitcoin ETF. These two major events will definitely make a huge impact on the market sentiments that would potential make bitcoin price pump in no time.
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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 is superior even in all years so what are you asking about  if bitcoin will be superior?

https://coinmarketcap.com/

look at that , Bitcoin never drops down being a superior so maybe what you are asking here is will bitcoin make its run this year? so this means after Halving ? because bitcoin starts increasing in the first week of January and up to now staying at 46k strongly , how much time we need to wait before 50k breaking?
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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.

   The only thing I can think of here is that in the year 2024, the price value of bitcoin may only be x6 to x10 this year of 2024-2025, but this is just my opinion, and I don't know if other fellow communities will agree with me here in this forum section.

   Maybe it can reach 150k-200k per bitcoin in the upcoming bull run. That's why those who have holdings of at least 1 bitcoin and above will for sure get a good profit in bitcoin. if they reach at least 150k each.
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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.
This year seems to be another big year for the crypto industry as we are expecting ETF approval and the halving event will have impact on the market price.

However, I don't think it will be superior this year that is too early to assume but if we talk about a price increase that is likely possible. Perhaps, this would be expected as the demand increases as well. Bitcoin has a futuristic view and potential but as we assess on its development, it takes several years to see its market superiority. However, this will become impossible with everyone's support --use as a payment option, active trades, and trust.



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For me yes, especially in this first quarter of 2024, the sign is when Bitcoin broke $47,000 a few days ago.
That is the sign for me, so even ETF will approve or not, I believe it will not affect really the price of Bitcoin, people already immuned about this ETF, they don't give a shit anymore to this.
Bitcoin has its halving and its bull runs are strongly correlated with its halving. Bitcoin Spot ETFs are not big contributors for Bitcoin bull run or bear run, halving is more decisive.

Bitcoin Halving cycle
Cycle repeat

They are two big things I look at in 2024 and I don't have plan to sell my bitcoins before the end of 2024. Along the way of Bitcoin bull run this year, there will be many news and fud but I believe demand on Bitcoin in 2024 will increase. As principle of supply and demand, its price will increase.


I believe bitcoin's recent rise to $47k was more related to ETF-related news than the halving event. In these days I don't see anyone talking about halving, everything that is spreading on the internet is ETFs, etfs. You're right, ETFs aren't the only factor driving bitcoin prices up, but it's clear that recent bitcoin volatility is related to etfs.

I believe that if the ETF is not approved, it will also have negative implications for the development of bitcoin and may cause the bull season to come later than we expected. Although the SEC's rejection of ETFs has been going on for many years, the heat on ETFs this time is completely different than many years ago, so the final result will also have a greater impact.
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For me yes, especially in this first quarter of 2024, the sign is when Bitcoin broke $47,000 a few days ago.
That is the sign for me, so even ETF will approve or not, I believe it will not affect really the price of Bitcoin, people already immuned about this ETF, they don't give a shit anymore to this.
Bitcoin has its halving and its bull runs are strongly correlated with its halving. Bitcoin Spot ETFs are not big contributors for Bitcoin bull run or bear run, halving is more decisive.

Bitcoin Halving cycle
Cycle repeat

They are two big things I look at in 2024 and I don't have plan to sell my bitcoins before the end of 2024. Along the way of Bitcoin bull run this year, there will be many news and fud but I believe demand on Bitcoin in 2024 will increase. As principle of supply and demand, its price will increase.
legendary
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(....)
 Do you think Bitcoin will be superior by 2024? Please share your thoughts.
For me yes, especially in this first quarter of 2024, the sign is when Bitcoin broke $47,000 a few days ago.
That is the sign for me, so even ETF will approve or not, I believe it will not affect really the price of Bitcoin, people already immuned about this ETF, they don't give a shit anymore to this.
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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.
What are you saying? I don't think you know much about Bitcoin, you could have at least studied the chart before bringing out facts. Point of correction, Bitcoin started falling in 2021 after hitting the ATH of almost $69,000, and not 2022, but the fall was aggravated in 2022 due to the global inflation that bit so hard. This happened till late 2022 when the coin was close to $15,000, that was when it started rebounding and recovering until we achieved the price we are now.

The year 2023 was a mixture of both bearish and bullish movements, but in the end, the bullish trend prevailed, and thanks to the ETF saga that made it happen. Going forward, since we are in the season of halving spirits, I believe that the post and pre-halving effects will continue to play out, and in the end, Bitcoin will record tremendous gains over time.
legendary
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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.
sr. member
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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.
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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.
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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.
legendary
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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.

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.
sr. member
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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.

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.

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?

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.
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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.
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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
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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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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.
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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.
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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.
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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.
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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.
hero member
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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?

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.

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.
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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.
legendary
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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.
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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.
legendary
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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.
legendary
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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.
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2024 was a better year for Bitcoin as we have seen more than 150% increase in the price of Bitcoin hence not sure why are you referring to 2023 as a much worse year because it doesn't make sense. As far as 2024 is concerned we have entered new year with positive notes with just one dip we have seen so far and hope this year would be better but I think this year we should accumulate Bitcoin until we finally enter the bull run. My predictions for 2024 is neither bullish nor bearish rather it would be last opportunity to accumulate Bitcoin.
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I don’t know where you got this assertion from but they are wrong. To begin with the value of bitcoin doesn’t decreases but rather its price reduces and 2022 wasn’t the year it started. Secondly the overall price of bitcoin in 2023 did increase from around $16k to around $40k plus that’s around 160% pump so i don’t see last year as a bad one for bitcoin price. In 2024 we expect a better price increase than 2023 because of the much anticipated bitcoin halving.

I definitely agree with your comment.

With the BTC halving happening around April 26, 2024, expect its price to significantly increase in the market. Miners will definitely receive half of what they can currently mine which thereby increases the general price of BTC in the market. In fact, there are some threads that are speculating that the price of BTC may even reach $400,000 by the time the halving happens 1 but still, there can be no accurate forecast on this.

With this information, it is now definitely recommended to HODL your coins in order to take advantage of the coming halving. For BTC's current state this 2024, I really expect its price to increase which is definitely a win-win situation for everyone.



1 https://www.coinspeaker.com/countdown-bitcoin-halving-2024-106/
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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.

If you go through the bitcoin history, there you will found out that there's a lot to learn and know from it, check their previous performances, both high and low, make comparison on time intervals for each year rise and fall and see for yourself how Bitcoin has been wonderfully performing, if we have dip doesn't mean that the market is not going to rise again for our own profitability.

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

Bitcoin has always been the superior right from inception, compared to other currencies that you're not sure about their performance, Bitcoin will give you the adequate expectations needed if you invest on it.
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OP, you seem to still be a new Bitcoiner, and if you take your time and study the price history of Bitcoin, you will realize that Bitcoin has two defined seasons, which are the bear and bull seasons. The bull season is when the price of Bitcoin usually spikes and Bitcoiners will begin to see profit from their Bitcoin investment, while the bear market is usually when the price of Bitcoin dips which gives investors the opportunity to buy. The year 2021 was the bull season for Bitcoin, but 2022 was a bad season. If you are wondering why the price is recovering so quickly, it's because we are in the Bitcoin halving season, which will give rise to another bull season.

Just like every other person in the space, I am very optimistic about the price of Bitcoin this season. I believe we may see an all-time high in the price of Bitcoin, either this year or by next year.
legendary
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Do you think Bitcoin will be superior by 2024?
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. When the price drops it gives you an opportunity to buy more at a discounted price.

Hownlow do you think fiat will drop in 2024?
legendary
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Block halving is coming.
2023 is much worse? As you can see from the chart after the bearish trend in year 2022 November it started to recover in year 2023.
This month it reached $45,001 marking a new all-time high(ATH) from 2023 to 2024.
This means it's already recovered from the bearing market and I believe this is not the final price point we will see a huge price surge after the upcoming event(block halving), similar to historical trends every after the block halving event.


I suggest read the historical value of Bitcoin under the link below.

- https://en.m.wikipedia.org/wiki/History_of_bitcoin#Prices_and_value_history
hero member
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Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year
It is true that 2022 was bearish for bitcoin, but opposite was the case in 2023 becuase the price of bitcoin at the beginning of 2023 was $16500 but ended with almost $45000. Which means 2023 was a bull run year.

in late 2003, a new version of Bitcoin was released.
Even if 2003 was a typo, no new bitcoin was released or created.

Things will get better with time. Do you think Bitcoin will be superior by 2024?
Bitcoin has always been superior. But if you mean that bitcoin will increase more in 2024? Just hold and not sell, bitcoin price did increased after halving in the past. If spot bitcoin ETF is approved by United States SEC, this can also be positive for bitcoin.
hero member
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I don’t know where you got this assertion from but they are wrong. To begin with the value of bitcoin doesn’t decreases but rather its price reduces and 2022 wasn’t the year it started. Secondly the overall price of bitcoin in 2023 did increase from around $16k to around $40k plus that’s around 160% pump so i don’t see last year as a bad one for bitcoin price. In 2024 we expect a better price increase than 2023 because of the much anticipated bitcoin halving.
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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.
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