What’s NEXT FOR BITCOIN | Bitcointalksearch.org

Oluwa-btc

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Quote from: serjent05 on November 21, 2024, 06:21:45 PM

Everything looks possible during the hype and government attention is always there when there is profit to made. Although there are lots of possible things when government and politics are involved especially on the adoption and acceptance of the masses, there is always a catch in this. I will not fully celebrate that there are more and more countries getting interested in Bitcoin because whenever the government steps in, there is always this rules and regulation not saying the taxes they will implement from one's profit gain.

Yes Bitcoin might be up to 150k before the bull run ends, but I hope countries who got interested and decided to take advantage of the opportunities and technology Bitcoin brings will be fair enough to implement laws and regulations that is crypto-friendly.

Everybody and everything seems positive and optimistic about the whole Bitcoin enforcement and activities.I guess everyone has confirmed the engagement and Commitment to Bitcoin and I'm certainly impressed about that as well.Adoption for adoption is the big deal for Bitcoin;Bitcoin adoption,more adoption is the best evolution for Bitcoin.

Marvell1

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Quote from: Richbased on November 27, 2024, 03:37:58 PM

Quote from: IceLincoln on November 21, 2024, 04:53:56 PM

We can all see that this Trump administration will favour us as crypto enthusiasts and the projection of bitcoin hitting 200K next year is feasible.

Until Donald Trump assumes office and make policies that will make positive impact in the price of bitcoin, then can we know the next move of bitcoin price, if it will hit $200k or above by next year. However, with or without Trump's influence in the crypto market, the price of bitcoin will continue to rise to any ATH. There's a mistake that most people are currently making now, and that is depending so much on what Trump's administration has to offer to the crypto industry and it is wrong to put politics in front of factors that can possibly make the price to rise because as soon as any negative comment is made by Trump thereafter, it's gonna cause a commotion in the price of bitcoin which will be extremely disastrous to those who came into the crypto industry due to the impact Donald Trump's election victory made in the crypto market.

I agree with you that with or without Trump the market will continue to grow and Bitcoin price will continue to rise. But we also need to face the fact that the Trump administration's policies will have a significant impact on bitcoin's performance.

Did you know that the United States is the center of the world's financial markets and the largest amount of money flowing into the bitcoin market is also coming from the United States? So it would be naive to think that Trump or any administration cannot have a significant impact on bitcoin.

People are not depending on Trump, they are just adapting to change. Because whether you like it or not, there is nothing you can do if they want to interfere with the market. Like bitcoin ETFs, many people don't like their involvement but can anyone stop ETFs from buying bitcoin? Even our institutions can do nothing, let alone stop or stop our dependence on government.

michellee

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Quote from: 348Judah on November 27, 2024, 02:23:45 PM

As for the remaining of this month and season, we should expect more of the market either to go bullish the more breaking the sentiment or we should maintain this for a while before the end of the season, while we are still on a bullrun, anything is prone to happen at any time, but if bitcoin could manage to pump more higher and hit $100,000 then there is a high probability of getting to $120,000 or $150,000 before it stops.

Bitcoin will have the next pump and makes the price increase and hit $100,000 and the other highest price. But if that is about what next to Bitcoin then we are waiting for the real bull run coming and make a new ATH that we may not imagine before. That could be at $120,000-$150,000 or even $200,000 in the next year. I guess that the price will be at this current price for a while and maybe that could be until the end of this month. After that, there is a chance for the price to jump higher and directly break $100,000. That is why we must be patience and not in a rush because Bitcoin will surprise us.

Richbased

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Quote from: IceLincoln on November 21, 2024, 04:53:56 PM

We can all see that this Trump administration will favour us as crypto enthusiasts and the projection of bitcoin hitting 200K next year is feasible.

Until Donald Trump assumes office and make policies that will make positive impact in the price of bitcoin, then can we know the next move of bitcoin price, if it will hit $200k or above by next year. However, with or without Trump's influence in the crypto market, the price of bitcoin will continue to rise to any ATH. There's a mistake that most people are currently making now, and that is depending so much on what Trump's administration has to offer to the crypto industry and it is wrong to put politics in front of factors that can possibly make the price to rise because as soon as any negative comment is made by Trump thereafter, it's gonna cause a commotion in the price of bitcoin which will be extremely disastrous to those who came into the crypto industry due to the impact Donald Trump's election victory made in the crypto market.

348Judah

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As for the remaining of this month and season, we should expect more of the market either to go bullish the more breaking the sentiment or we should maintain this for a while before the end of the season, while we are still on a bullrun, anything is prone to happen at any time, but if bitcoin could manage to pump more higher and hit $100,000 then there is a high probability of getting to $120,000 or $150,000 before it stops.

tranthidung

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Quote from: icalical on November 27, 2024, 01:05:08 AM

I am confident that Bitcoin can get to 100,000K before the year is over

Don't try timing it, Bitcoin will reach $100,000 but you don't need to be confident that Bitcoin will climb to $100,000 in 2024. It will, but time for it can be in 2024 or 2025, and with me, one year is not big different. Holding bitcoin through some years of bear market, with many tough time, only one more year and especially a bullish year, is not a big matter with me.

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even I think there is a potential for Bitcoin go to 150,000K.

I know you are here in many years, and hope that you won't repeat mistakes of many people like me in the past, and lift your target from $150,000 to $200,000 or $300,000 and you will miss this bull run for taking profit.

If you don't plan to hold your bitcoin for many cycles, taking profit gradually during a bull market is good method.

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But there's some caution to consider as well. While the possibility of Bitcoin reaching 100,000K seems likely based on market momentum, the broader economic context could eventually cause some volatility.

By whatever reason, when Bitcoin needs corrections, it will be volatile. Reasons are different like Covid-19, 2024 or 2025 world economic recession, wars, whatever.

Ziskinberg

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Quote from: SickDayIn on November 27, 2024, 07:33:04 AM

Think about it, Trump hasn't even stepped in as the President yet and the market sentiment has made Bitcoin go up to $100k USD. There is still 4 years of policies that Trump can make to strength the crypto economy internationally. America doing this first, other countries will follow.

Not sure if it still works, but I'm sure if you’ve been in crypto for a while , you’re probably familiar with the -- "buy the rumor, sell the news” --- strategy. Right now, it’s still a rumor since Trump hasn’t taken office yet and can’t act on the plans he mentioned during his campaign. As long as positive news keeps coming out, rumors will circulate, which will likely have a positive impact on the market.

That’s why now could be the time to buy, as Bitcoin is likely to increase. We’ve seen a recent dip, but it was minor, and Bitcoin has already recovered, trading at $94k. So maybe this time, if it rises, we won’t fail to break through the resistance wall.

lizarder

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Quote from: IceLincoln on November 21, 2024, 04:53:56 PM

Since the emergence of Trump as president elect bitcoin price has risen by more than 30%.
As the day goes by, it keeps showing strength.
According to fundstrat’s Tom Lee who says he sees bitcoin hitting $100k before the end of the year and $150K soon after. He said this few weeks ago.

Last night, Bitcoin reached a new all-time high above $97,800, in the last 24 hours, positions of overzealous traders who went short have been liquidated.
Now $100,000 is just around the corner.

Bitcoin failed to break $100k in the current bull run and we may see a long rally after the price corrects again. There are still a few months left to reach the price according to Tom Lee's prediction and we may see the process of increasing again after the correction pause that occurred. Most people believe that before the end of the year bitcoin will reach $100k because based on the previous increase that was close to that price.

If we look now, ETH is increasing after bitcoin corrected and maybe altcoins will also get a moment of increase. From several media that I read now investors are starting to see opportunities in the rise of ETH and usually they will seek profit from the goodness of several altcoins.

kotajikikox

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Quote from: COBRAS on November 21, 2024, 06:03:15 PM

nex - 200k in 2025 year.

Love the optimism Grin

But after next year, we might see Bitcoin start to slow down in price. It might retract in value but it doesn’t mean it’s totally crashing down. It’s just that after a bull run we see a bear run next. Which is normal and should what people consider as to not panic and succumb into FUD that for sure people will spread. Keep aware and updated. This is what we can use to combat FUD.

Anyway, as for the price. $100k is definitely achievable. If anyone was skeptical of that before, these few weeks should have changed that already. Now, the highest I think it can reach is $120k. $150k might push. I don’t know about $200k. But I am open to being surprised. Wink

SickDayIn

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Think about it, Trump hasn't even stepped in as the President yet and the market sentiment has made Bitcoin go up to $100k USD. There is still 4 years of policies that Trump can make to strength the crypto economy internationally. America doing this first, other countries will follow.

CryptoBuds

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Quote from: GeorgeJohn on November 26, 2024, 05:09:16 PM

For me bitcoin will continue to rise and as a new president emerge of USA I think will it be a beneficiary to this government of Donald Trump by increasing day by day so what I understand is that more investors will you come and invest more in Bitcoin because of the cartel of the president elect so I believe that before bitcoin will reach 2030 it will have more influence across under countries and it will be legalized as a legal tender most of the top 10 countries across the world, so this is my vision who was Bitcoin.

There is no doubt that with Trump's support for bitcoin, it is almost certain that bitcoin will continue to grow and become more popular in the coming years. But I doubt it could become a legal tender and be widely used as a currency. I don't think Trump will allow us to use Bitcoin as a currency because that would affect the dominance of the USD, which is the opposite of Trump's goal. It is more reasonable to expect bitcoin to become a national reserve asset than to think that it will become a currency, IMO.

icalical

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I am confident that Bitcoin can get to 100,000K before the year is over, even I think there is a potential for Bitcoin go to 150,000K. And I do agree that another big factor in such bullishness comes from Trump probable crypto friendly policies that encourage institutional investments in Bitcoin and the appointment of officials to create a national Bitcoin reserve.

But there's some caution to consider as well. While the possibility of Bitcoin reaching 100,000K seems likely based on market momentum, the broader economic context could eventually cause some volatility. All that said I think we need to still be cautious that while Bitcoin may rally in the short term, there could be unexpected downturns when global financial stress increases.

IceLincoln

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Quote from: pooya87 on November 22, 2024, 10:46:56 PM

What you are suggesting in this topic is inaccurate.

Like all previous halving cycle, bitcoin price started climbing a couple of months before halving (that is about a year ago now) and then paused for a little while after it before resuming its climb again. This year price has gone up from $30k range up to $90k range because of halving (ie new supply being cut by 50%).

Trump's hype might have only contributed to some short term market excitement as a catalyst but the bulk of the rise is not because of him, it is because of the same reasons why bitcoin has gone up from $0.001 to $100,000 in the past 15 years.

Not taking away the fact that halving causes Bitcoin price to rise but the recent rise has to do greatly with Trump’s influence and more government involvement. Jus like you said Trump is the catalyst for the recent pump in price. The emphasis is on this current pump Sir, I’m not saying he takes all the credit.

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Is he suggesting that the US government is going to start pump and dumping bitcoin to cover its deficit?!!!

I think he’s just trying to state that there will be more government involvements with bitcoin as the next administration is crypto friendly.

GeorgeJohn

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For me bitcoin will continue to rise and as a new president emerge of USA I think will it be a beneficiary to this government of Donald Trump by increasing day by day so what I understand is that more investors will you come and invest more in Bitcoin because of the cartel of the president elect so I believe that before bitcoin will reach 2030 it will have more influence across under countries and it will be legalized as a legal tender most of the top 10 countries across the world, so this is my vision who was Bitcoin.

COBRAS

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RockBell

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Quote from: finaleshot2016 on November 21, 2024, 06:17:03 PM

Everything is getting crazy! The $98,000 mark alone is wild, and now $100K is literally within touching distance. The Trump factor here is interesting too. If this administration is going full pro-crypto, with moves like appointing crypto-friendly officials and creating a national Bitcoin reserve, that's next-level bullish that will make people buy more bitcoin. Imagine other countries following suit and adding BTC to their reserves, this could really solidify Bitcoin as the global standard.

The instant change in the market surprised everyone and no one actually saw this coming and all this movement was as a result of Trump coming to power made i one the mind breaking event happen and have a Bitcoin reserve will make Bitcoin one of the most treasured assets and other countries might even consider investing in bitcoin as a result of backing from the united state. And the next hit on bitcoin might not be an easy one if you actually look at because the moment a influence person make procurement about of just expect a big run in the market. Their are people that have actually seem this coming so they refused to sell what they have, and their waiting have paid off.

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I’m still surprised that altcoins didn’t move much, though. Usually, you’d expect at least some of them to follow Bitcoin’s pump. Instead, BTC dominance is just climbing higher, it feels like we’re heading back to the 'Bitcoin is king' days. I’m holding too much ETH and SOL. Luckily, SOL is following in Bitcoin's footsteps, but ETH is taking a lot longer to catch up. Hopefully, I’ll see both of them on top soon.

Altcoin did not follow the price of bitcoin they started following gradually but they have been following but not the way people expected a lot from how the price was going. And when bitcoin was on a move people people thought was that altcoin will follow and only few coins followed. And if am to recommend any altcoin I will gladly recommend Solana and eth because they are gradually following bitcoin and the market is getting more interesting, follow it gradually and you will gain from it.

Poker Player

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It looks like what's to come is pretty bullish. With the massive demand expected it would not be surprising to see several hundred thousand dollars as the top of this cycle. There is also talk that the cycles as we know them will change due to this demand and we will not have such steep drops of up to 90% of the price. There are others, such as Adam Back, who created hashcash and is quoted in Satoshi's White Paper, who says that if the strategic reserve is approved in the USA (as everything seems to indicate):

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prepare for 7 figure bitcoin.

Botnake

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Quote from: IceLincoln on November 21, 2024, 04:53:56 PM

China has already started changing its mind about bitcoin, as it has lifted its ban and acknowledged bitcoin as a legal digital currency.

That’s not true, there hasn’t been any recent news about it. The last time I checked, China only considers owning Bitcoin legal, but mining and trading are still illegal. So technically, Bitcoin is still banned there. Don’t get too hyped without verifying the information you’re sharing. Always double-check to make sure it’s legit before spreading it around.

Shanghai court says crypto ownership legal under China law amid bitcoin price surge

sunsilk

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Quote from: IceLincoln on November 21, 2024, 04:53:56 PM

Most altcoins did not react to the rise of the leading cryptocurrency, and as a result, BTC dominance increased to 60.6%.

Dominance has quickly decreased and this is a sign that money is going now to some alts. Like what we're seeing now, XRP, ADA, Doge and many others. Just look at how much they've gained for the past days.

Quote from: IceLincoln on November 21, 2024, 04:53:56 PM

We might even see more countries adopting Bitcoin as legal tender in the near future.

It already did for El Salvador so, with the bull run right now as it shows the greater price. It won't be surprising if another country announces it. One did after El Salvador but they have backed out.

But IMO, this shouldn't be something that we have to aim for, more better adoption is much better and lesser countries that ban it.

pooya87

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Quote from: IceLincoln on November 21, 2024, 04:53:56 PM

Since the emergence of Trump as president elect bitcoin price has risen by more than 30%.

What you are suggesting in this topic is inaccurate.

Like all previous halving cycle, bitcoin price started climbing a couple of months before halving (that is about a year ago now) and then paused for a little while after it before resuming its climb again. This year price has gone up from $30k range up to $90k range because of halving (ie new supply being cut by 50%).

Trump's hype might have only contributed to some short term market excitement as a catalyst but the bulk of the rise is not because of him, it is because of the same reasons why bitcoin has gone up from $0.001 to $100,000 in the past 15 years.

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He also says “bitcoin is becoming more and more a hallmark of this next administration and can help solve some of the deficit concerns”

Is he suggesting that the US government is going to start pump and dumping bitcoin to cover its deficit?!!!

Topic: What’s NEXT FOR BITCOIN (Read 407 times)