Will BTC Reach $150K in the Next Bull Run?

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Quote from: Popkon6 on October 01, 2024, 12:30:16 PM

Because today, October 1st, Bitcoin price is heavily pumping and dumping, although not the current dumping lows, the bullishness is more visible.

Therefore, in this situation, the possibility of Bitcoin price going to the lower level is very low, so we can assume that Bitcoin price will start its journey towards touching 100 from this October. Because I believe it is possible to predict by looking at the past bull run, Bitcoin will touch the highest price this year and in 2024-2025.

Instead of pumping the price of Bitcoin on October 1st, there was a massive dumping that we didn't expect. On the positive side, October is a strong UPTOBER for Bitcoin, but the market is trending down rather than up this year. Mainly due to the political issues in the Middle East and some whales selling their holdings, the downward trend in Bitcoin price is being observed in the market.

Yes it is true that we as Bitcoin investors or Bitcoin enthusiasts have high expectations. In the current market conditions, it doesn't seem at all that the price of Bitcoin will touch $100k dollars, because now the road to $100k seems very wide. When the price of bitcoin touched all time highs, we saw the upward trend in the market and we said that maybe we are in the pre-season of bull market and even then we imagined that maybe bitcoin will cross $100k dollar very soon, due to the dumping of bitcoin our assumption did not materialize.

Zaguru12

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Quote from: Dr.Bitcoin_Strange on October 02, 2024, 12:45:24 PM

Based on the previous prediction that have come from different experts since the start of the year, I was thinking that Bitcoin would be trading around $150k by now but nope, they were all wrong. Prediction can be made by anyone but all can not be possible. I think Bitcoin might or might get to at least $100k before the end of the year but $150k is far too much to be archived this year.

The thing is OP actually brought a very old article dated back to March this year and that was when we had bitcoin ETF hype around and bitcoin had just created a new all time high then, which even before the halving. Due to the inflow of funds into bitcoin many predictions were made with the trend of bitcoin pumping still very much high then. After halving the hype died down and we are even yet get a retest of the newly set all time high and that’s when many begin to reduce their high expectations on the price.

For me I believe in bitcoin history and the bull run usually kicks starts the last quarter of the halving year as such I will be predicting at least an $80k plus price target this 2024 and for the full bull run I think the Target is a $120k price but a repeat of the start of this year hype can drive it to that $150k

tygeade

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Quote from: Yaunfitda on October 02, 2024, 07:43:46 AM

Quote from: Russlenat on October 02, 2024, 07:27:53 AM

Quote from: Text on October 01, 2024, 06:43:58 PM

I'm feeling optimistic about Bitcoin reaching $150K. The recent surge in institutional interest gives weight to this prediction. Historically, the last quarter has always been a strong period for Bitcoin, so if momentum continues, $150K by the end of 2024 feels within reach. If institutional inflows remain strong and the broader market maintains a bullish sentiment, we could see even more upside potential.

A 100%+ increase in Bitcoin isn’t hard to achieve. However, it’s not just because of institutional investors. Often, bull runs come with uncertain reasons, and it’s been a while since the last one...so I think it’s coming soon. The best strategy is to keep buying and holding because the market already seems bullish, and that’s a good sign.

I do agree that it's not just institutional investors that are going to pour their money here, I think it could really come from average joe like the majority of us. As for the prediction, this has been the thoughts already for this bull run so we should just wait and see, and as you have said, continue to accumulate as much as we can. So hopefully, next year we should see a new all time high between $100k-$150.

While everyday regular people could still invest into bitcoin and we will definitely decide on the price, I still think big companies will pour billions into bitcoin as well, there is no way this ETF was done for just a small amount of money, Blackrock probably knew or talked with other rich places about this ETF possibility and saw they could make a lot of money from it.

So there will be billions, even tens of billions of dollars pouring into bitcoin when the time comes, during bull period. Of course this doesn't mean regular people will not invest into bitcoin, we are going to see them do fine and they will invest a lot but the reality is these people like us will decide the price on the market, sell or buy, while they would just buy and hold, so we won't spend as much as them.

OgNasty

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I’m still personally hoping that we hit $200K this cycle. I have a lot of things I would feel more comfortable doing if I was able to cash out some Bitcoin above $200K. Not that I’m not already plenty happy with Bitcoin’s price, but a triple from here has the potential to be life changing for me and I think it is a possibility.

BABY SHOES

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Quote from: EluguHcman on October 01, 2024, 02:40:05 PM

Quote from: BABY SHOES on October 01, 2024, 12:18:19 PM

Believe it or not we don't know how high bitcoin will be by the end of the year, but my optimism is that maybe $100K is a realistic price in the next bullrun.

Standard Chartered Bank has indeed predicted a long time about the price of bitcoin if I'm not mistaken, this bank used to say bitcoin would go to $250K... Yeah as bitcoin fans we expect high... But the bitcoin push to $100K, then ask if it will go to $150K and so on? Remember after that there must be bearish.

Sure. there is absolutely no reliable source of Bitcoin future price predictions that Bitcoin users especially investors in anticipations of making profits to say... Yeah, i have confidence to believe predictions that some tends of financial analysts or Bitcoin influencers as the case of the Standard Chartered Bank may speculate.

Perhaps, most of the respective speculative Bitcoin price from individuals and organizations has not been so efficient. So then, we just have to understand we all predicts based on our optimisms.

At some points, speculations comes that Bitcoin would surge to $1M - $1B + in the future that is to say... Probably the sky would not even be the limit for Bitcoin price. But in anyways, it is believable that Bitcoin would hit $100K+ in the nearest also $500K in a far.

The honesty is that we are only anticipating but do not really know the actual time such appreciate would come but surely.. it would.

When the person saying it is a famous person then it will get a lot more attention from other investors... Of course this will be wild speculation there for me this is not a problem if the predicted price is still reasonable between the range of $150K to $200K.

Sometimes many of us believe predictions from big organizations... they are free to believe or not.

For me it doesn't make sense for bitcoin to jump to $1M... It will probably never happen.

Realistically we have to see how far ATH cycle is now... If it reaches $150K then maybe the next cycle could be $300K or more.

Obim34

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We can't tell and not also accept any speculation we see out there, anything is possible but nothing seems too guaranteed, so we can let it lie on the basis of speculation and cannot be fully seconded. Bitcoin reaching $150k in the next bull run is highly achievable but not the bull run we are expecting in the Q4 of this year.

Quote from: Wind_FURY on September 27, 2024, 05:00:02 AM

Research Bitcoin's market performance in every Q4 of a halving year.

According to this research, it is possible that we are going to see Bitcoin close the year in a better price, possibly an ATH. I will not totally subject everything to what the bank has said, neither will i contradict their predictions, we just get to stay and see how it turns out but anything can still be possible as said.

Dr.Bitcoin_Strange

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Based on the previous prediction that have come from different experts since the start of the year, I was thinking that Bitcoin would be trading around $150k by now but nope, they were all wrong. Prediction can be made by anyone but all can not be possible. I think Bitcoin might or might get to at least $100k before the end of the year but $150k is far too much to be archived this year.

Yaunfitda

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Quote from: Russlenat on October 02, 2024, 07:27:53 AM

Quote from: Text on October 01, 2024, 06:43:58 PM

I'm feeling optimistic about Bitcoin reaching $150K. The recent surge in institutional interest gives weight to this prediction. Historically, the last quarter has always been a strong period for Bitcoin, so if momentum continues, $150K by the end of 2024 feels within reach. If institutional inflows remain strong and the broader market maintains a bullish sentiment, we could see even more upside potential.

A 100%+ increase in Bitcoin isn’t hard to achieve. However, it’s not just because of institutional investors. Often, bull runs come with uncertain reasons, and it’s been a while since the last one...so I think it’s coming soon. The best strategy is to keep buying and holding because the market already seems bullish, and that’s a good sign.

I do agree that it's not just institutional investors that are going to pour their money here, I think it could really come from average joe like the majority of us. As for the prediction, this has been the thoughts already for this bull run so we should just wait and see, and as you have said, continue to accumulate as much as we can. So hopefully, next year we should see a new all time high between $100k-$150.

Quote from: Russlenat on October 02, 2024, 07:27:53 AM

I’ve noticed that in the past, banks weren’t so optimistic about Bitcoin..remember Jamie Dimon being anti-Bitcoin? But now, it's surprising to see banks turning bullish. They might just be trying to ride the hype, but they could be underestimating what Bitcoin can actually achieve. Hitting $150k is just the beginning; we could go much higher once the bull run takes off, so stay ready.

There are many we really made a U-turn and try to adapt and accept crypto including banks. Although it might not be only Bitcoin, but there are also altcoins that they want to be part of because of ease and obviously, they can make a lot of money from it thru acceptance.

Russlenat

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Quote from: Text on October 01, 2024, 06:43:58 PM

I'm feeling optimistic about Bitcoin reaching $150K. The recent surge in institutional interest gives weight to this prediction. Historically, the last quarter has always been a strong period for Bitcoin, so if momentum continues, $150K by the end of 2024 feels within reach. If institutional inflows remain strong and the broader market maintains a bullish sentiment, we could see even more upside potential.

A 100%+ increase in Bitcoin isn’t hard to achieve. However, it’s not just because of institutional investors. Often, bull runs come with uncertain reasons, and it’s been a while since the last one...so I think it’s coming soon. The best strategy is to keep buying and holding because the market already seems bullish, and that’s a good sign.

I’ve noticed that in the past, banks weren’t so optimistic about Bitcoin..remember Jamie Dimon being anti-Bitcoin? But now, it's surprising to see banks turning bullish. They might just be trying to ride the hype, but they could be underestimating what Bitcoin can actually achieve. Hitting $150k is just the beginning; we could go much higher once the bull run takes off, so stay ready.

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Quote from: Japinat on October 01, 2024, 07:28:50 AM

How’s it going, Bitcoin bulls? Do you believe in the forecast from a certain bank? I think it's doable, especially since we’re entering the last quarter of the year, and if history has anything to say about it, there’s usually a lot of good stuff happening around this time. So, if this bull run does come, hitting $150k seems possible.

It is doable, there are even some predictions that say that this peak will reach $250k and more. But let's all set our minds first to the very first target that we've been aiming for ever since the 2021 bull run has got it. And that's about hitting the $100k mark first. I guess this time is where the fun starts when these ghost months were done and we're moving to the end of the year and opening to 2025, that's where the real fun is about to happen.

Quote from: Japinat on October 01, 2024, 07:28:50 AM

But the real question is, can we push it to $200k?

I think it should be this question, will there be enough demand from the financial institutions, banks, and governments to push it to $200k? I would love to see these high prices regardless where it is coming from and who's pushing it. Tongue

Text

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I'm feeling optimistic about Bitcoin reaching $150K. The recent surge in institutional interest gives weight to this prediction. Historically, the last quarter has always been a strong period for Bitcoin, so if momentum continues, $150K by the end of 2024 feels within reach. If institutional inflows remain strong and the broader market maintains a bullish sentiment, we could see even more upside potential.

coolcoinz

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It will reach that in this bull run, not the next Wink

IMO there's a very high chance that either this bull market will last for another year and the following correction will be much smaller than the previous ones.
The 2022 correction was gearing up to be a very short one with prices above $20k, but the scams that conveniently imploded at that time took it lower.
With new regulations and some stability due to serious players entering the market, we might barely see a 50% correction in a bear market. If we end up at $150k next year, we could be facing a $70k bitcoin at the low of the bear market.

$weetne$$

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Quote from: Japinat on October 01, 2024, 07:28:50 AM

How’s it going, Bitcoin bulls? Do you believe in the forecast from a certain bank? I think it's doable, especially since we’re entering the last quarter of the year, and if history has anything to say about it, there’s usually a lot of good stuff happening around this time. So, if this bull run does come, hitting $150k seems possible. But the real question is, can we push it to $200k?

Bitcoin is too big now that banks are now speculating on the price of Bitcoin. Could this means they are also investing in Bitcoin or they just want to join the trend. I can not disagree with them but agree because I want Bitcoin to get to that price too as it will mean investors are going to be profiting. Regardless of what the final price of Bitcoin reach by the end of the bull market, one time is certain that we are going to make profits if we have bought Bitcoin before now or take the decision to buy right now. $100,000 Bitcoin price gives us an approximate $40,000 profits for people that can afford to buy an entire Bitcoin and others that can not afford one Bitcoin but buys fractions will still make profits depending on how many they hold. $100,000 should be the minimum target that the market should be getting.

EluguHcman

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Quote from: BABY SHOES on October 01, 2024, 12:18:19 PM

Believe it or not we don't know how high bitcoin will be by the end of the year, but my optimism is that maybe $100K is a realistic price in the next bullrun.

Standard Chartered Bank has indeed predicted a long time about the price of bitcoin if I'm not mistaken, this bank used to say bitcoin would go to $250K... Yeah as bitcoin fans we expect high... But the bitcoin push to $100K, then ask if it will go to $150K and so on? Remember after that there must be bearish.

Sure. there is absolutely no reliable source of Bitcoin future price predictions that Bitcoin users especially investors in anticipations of making profits to say... Yeah, i have confidence to believe predictions that some tends of financial analysts or Bitcoin influencers as the case of the Standard Chartered Bank may speculate.

Perhaps, most of the respective speculative Bitcoin price from individuals and organizations has not been so efficient. So then, we just have to understand we all predicts based on our optimisms.

At some points, speculations comes that Bitcoin would surge to $1M - $1B + in the future that is to say... Probably the sky would not even be the limit for Bitcoin price. But in anyways, it is believable that Bitcoin would hit $100K+ in the nearest also $500K in a far.

The honesty is that we are only anticipating but do not really know the actual time such appreciate would come but surely.. it would.

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Quote from: YOSHIE on October 01, 2024, 10:32:40 AM

Quote from: Japinat on October 01, 2024, 07:28:50 AM

Will BTC Reach $150K in the Next Bull Run?

$150k in my understanding is illustrative speculation and hallucination, speculation is baseless and unsourced, anyone can talk about the upcoming Bull Run, but they really can't judge Bitcoin's price breaking through $150k, maybe in the next 30 years it could be, but not 100% sure just a guess.

Bitcoin is hard to know what the real price will be, what else is coming, we can predict and speculate, but not what is said will happen and not what is predicted will actually happen, whatever it is, everyone hopes that Bitcoin can be better than now.

Isn't all speculations based on peoples predictions? You can say the price will be 100k, you can say 150k, you can say 50k, all of them are equal because we have no data to back up our claims. Which means 150k is a prediction which we can consider as realistic as any other.

Plus, we are not looking at a price point which would be impossible to reach, we are talking about a little more than double of what we are already at, and going double or even triple on a bull market isn't really that unrealistic or "hallucination", we have done increases at these ranges many times before. So focus on what you can do, and how much you can buy and keep holding, if it goes that high then you will be happy and if it doesn't go that high then you will just sell when it peaks.

Popkon6

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It is true that Bitcoin will move at its own pace, as we now have clear bull market pre-periods. Because the price of Bitcoin will definitely touch 100000 in 2025, but it is more likely to go close to 100000 dollars in 2024. Because today, October 1st, Bitcoin price is heavily pumping and dumping, although not the current dumping lows, the bullishness is more visible.

Therefore, in this situation, the possibility of Bitcoin price going to the lower level is very low, so we can assume that Bitcoin price will start its journey towards touching 100 from this October. Because I believe it is possible to predict by looking at the past bull run, Bitcoin will touch the highest price this year and in 2024-2025.

Justbillywitt

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Quote from: Japinat on October 01, 2024, 07:28:50 AM

This is according to Standard Chartered Bank ....

Quote from: https://bitcoinmagazine.com/business/150000-standard-chartered-bitcoin-price-forecast-2024

Global banking giant Standard Chartered has upped its bitcoin price prediction for the end of 2024 to $150,000, a significant increase from its previous forecast of $100,000.

In a new report, Standard Chartered analysts cited strong inflows into recently launched spot bitcoin ETFs in the U.S. as a primary driver of their bullish outlook. The bank believes these "sticky" institutional flows will continue propelling Bitcoin's price.

Standard Chartered has emerged as one of the more Bitcoin-friendly legacy banks, with an active research team covering Bitcoin. Previously, the bank's analysts had predicted Bitcoin would reach $100,000 by the end of 2024.

But with Bitcoin's strong performance in early 2024, the team is now forecasting that it will hit $150,000 within the next nine months.

How’s it going, Bitcoin bulls? Do you believe in the forecast from a certain bank? I think it's doable, especially since we’re entering the last quarter of the year, and if history has anything to say about it, there’s usually a lot of good stuff happening around this time. So, if this bull run does come, hitting $150k seems possible. But the real question is, can we push it to $200k?

It is very possible for bitcoin to hit the $150k mark, the good thing is that people are begining to see the potential in bitcoin. If bitcoin was able to perform as much as it has done in the past, I think with the current happenings around bitcoin and lots of liquidity flowing in, bitcoin is definitely going to hit that price projection. And if bitcoin can hit the $150k, there is nothing that will stop it from hitting the $200k in the future. It might look like it's unachievable right now but with time it will surly come to pass. 10 years ago not many people believed that the current price of bitcoin was achievable, but today it's already happening. So we don't know where the price of bitcoin will be 10 years from now. It could be that before that time, bitcoin might have crossed the $200k.

BABY SHOES

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Believe it or not we don't know how high bitcoin will be by the end of the year, but my optimism is that maybe $100K is a realistic price in the next bullrun.

Standard Chartered Bank has indeed predicted a long time about the price of bitcoin if I'm not mistaken, this bank used to say bitcoin would go to $250K... Yeah as bitcoin fans we expect high... But the bitcoin push to $100K, then ask if it will go to $150K and so on? Remember after that there must be bearish.

YOSHIE

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Quote from: Japinat on October 01, 2024, 07:28:50 AM

Will BTC Reach $150K in the Next Bull Run?

$150k in my understanding is illustrative speculation and hallucination, speculation is baseless and unsourced, anyone can talk about the upcoming Bull Run, but they really can't judge Bitcoin's price breaking through $150k, maybe in the next 30 years it could be, but not 100% sure just a guess.

Bitcoin is hard to know what the real price will be, what else is coming, we can predict and speculate, but not what is said will happen and not what is predicted will actually happen, whatever it is, everyone hopes that Bitcoin can be better than now.

Ojima-ojo

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Quote from: Oshosondy on October 01, 2024, 08:09:50 AM

I believe bitcoin will get to $100000 and above but I am doubting if the price will go up to $150000. I was predicting $170000 before but I have changed my mind. Although that is what it says from my technical analyses with reducing volatility, that bitcoin will get up to $170000. But I just want to be more specific and be more accurate which makes me now choose over $100000.

Since this analysis and predictions is coming from a bank, then itay be biased and only one sided, you can see how they mentioned only Bitcoin ETF as the inflow channels into Bitcoin that make up for their predictions, but then we need to look at other aspects that could limits the possibility of Bitcoin reaching that $150k as predicted by the bank analysis.

Also I am of the opinion that the predictions is out of reach and quite right to say $100k Bitcoin price is more achievable compared to the 150k mentioned here and the reason is that currently Bitcoin is struggling to sustain a 65k price and the next bull market can happen anytime which is the reason we should not go any over the board predictions.

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