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Topic: What do you think will the price of Bitcoin in 2024? - page 3. (Read 525 times)

legendary
Activity: 1358
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Personally I've been quite bullish, although I'm getting a bit impatient now, but I think the political situation in the US, as is often the case, is going to have a big influence on this. With a pro-bitcoin VP candidate who holds bitcoin, which we can tell based on his congressional financial disclosure, it seems that if the US election goes one way it could be huge (and this does not imply that I like Trump), while if it goes the other way, meh, the year will probably be bullish but don't expect anything extraordinary.

full member
Activity: 189
Merit: 120
Before the halving, our expectations for the year were really very high, adding with the bitcoin ETF approval, which even increased what we were expecting to see Bitcoin achieve in the year 2024, but from the way the market has been struggling these past few months, I can't say I still have a high expectation on the price. Based on my expectations, the year will end and Bitcoin will settle between $75,000 and $80,000, which is not too far from the $100k I hoped for before now.
hero member
Activity: 3150
Merit: 636
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I'm thinking more of it for this cycle but if the question is all about the end of the year, I'd go with the 2 out of 5 or even not $100k but close to it. That's how positive I am and despite that it has disappointed me on the last 2021 bull run for which many of us in here, expected that $100k was about to happen on that cycle but it didn't do.

That's fine, we still have this cycle and that's why I am thinking more of the peak this time and it's gonna surpass $100k. But then, I don't want to go that far for now and wishes to see $100k first before having some predictions on my head again about newer and higher prices.

I am more focused with the outcome of the US election. I have a feeling that if Trump wins then Bitcoin might create a new ATH that willl be above $100K.
Very likely, and look at the fans: Crypto fanatics flock to Trump, hoping to ‘make bitcoin great again’
 Grin
hero member
Activity: 2156
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What is your prediction? Guess a number and by thr end of this year I will visit this thread to see who predicted the right amount.
The cycle does not end this year. You'll need to return much later when it's obvious the bullrun is over.

I understand the cycle but it is 2024 and we only have a handful of months left to be in 2025. The cycle is all about next halving year. If Bitcoin can be at that price point before the cycle ends then it will be great.

I am more focused with the outcome of the US election. I have a feeling that if Trump wins then Bitcoin might create a new ATH that willl be above $100K.
legendary
Activity: 1064
Merit: 1101
The number of participants which is just 2K is not that huge to conclude anything. Besides, Most user that hangout on price website like coingecko usually are those moonboys that keeps checking the price frequently and also they are the first one to flip once the price pump because they are excited on profit unlike us here that is just silent holders.

I agree the sample size for this survey is small but you cannot ignore the fact that such surveys have been happening on other platforms and they have similar number of participants. Let's see how many members here will agree with Coingecko as we are the in a forum that was created for Bitcoin. I am excited to see the response from fellow members of the forum.

The sample size is not too small to conclude a research. There is a high possibility that the result might be the reflection of the views of the entire population. From my observation and studies, most majority of crypto users believe that the price will get to $100k. However, there is no consensus on when this will happen. Some believe that it will be before the end of the year, while others believe it will happen in the first quarter of 2025. My prediction is that the price might get to $100k this year, depending on economic and political outcomes in the US and China.
legendary
Activity: 2114
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The fact that 15% of the respondents don't expect we will go above $75k at the end this cycle may be enough to disregard the entire report. Most people who answer this usually do not think critically or have enough information to reach a calculated guess.
The question itself was also set up to be very conservative.

What is your prediction? Guess a number and by thr end of this year I will visit this thread to see who predicted the right amount.
The cycle does not end this year. You'll need to return much later when it's obvious the bullrun is over.
hero member
Activity: 2156
Merit: 803
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Is this topic not best suited for the speculation board.
Why? I am not trying to speculate the price of Bitcoin on the main board. I trying to find out whether we as in the forum members can outperform the survey conducted by Coingecko. They had a small sample size let's make it bigger than them to actually deliver the right price of Bitcoin before the year ends.
full member
Activity: 658
Merit: 172
Is this topic not best suited for the speculation board.

What is your prediction?
The year is almost ending and bitcoin has not yet been able to break the resistance it set for itself to set a new all time high price. $100K is not an impossible value to reach but I do not think it will be in this year, maybe early next year.

By the end of this year, I predict the value of bitcoin to be between 80k-95k.
hero member
Activity: 2156
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The number of participants which is just 2K is not that huge to conclude anything. Besides, Most user that hangout on price website like coingecko usually are those moonboys that keeps checking the price frequently and also they are the first one to flip once the price pump because they are excited on profit unlike us here that is just silent holders.

I agree the sample size for this survey is small but you cannot ignore the fact that such surveys have been happening on other platforms and they have similar number of participants. Let's see how many members here will agree with Coingecko as we are the in a forum that was created for Bitcoin. I am excited to see the response from fellow members of the forum.
hero member
Activity: 1120
Merit: 554
🇵🇭

They had conducted a survey post halving in which 2558 individuals participated. As mentioned 2 out 5 think Bitcoin price will hit or go above $100,000. There has been prediction earlier this year by a few analysts that Bitcoin will hit the $100K mark by the end of this year.

The number of participants which is just 2K is not that huge to conclude anything. Besides, Most user that hangout on price website like coingecko usually are those moonboys that keeps checking the price frequently and also they are the first one to flip once the price pump because they are excited on profit unlike us here that is just silent holders.

Quote
What is your prediction? Guess a number and by thr end of this year I will visit this thread to see who predicted the right amount.

I think the price might break 80K level but my guess is around 85K since we are just talking about price prediction for this year while the big price movement might occur next year.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
Recently Coingecko posted the image shown below on their Instagram handle.




They had conducted a survey post halving in which 2558 individuals participated. As mentioned 2 out 5 think Bitcoin price will hit or go above $100,000. There has been prediction earlier this year by a few analysts that Bitcoin will hit the $100K mark by the end of this year.

What is your prediction? Guess a number and by thr end of this year I will visit this thread to see who predicted the right amount.

I am not trying to speculate the price of Bitcoin with this topic. I am only trying to see whether we as forum members can come up with a price that is either similar to what the survey predicted or we have our own figure.


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