Fibonacci levels of the old ATH 69k suggest 150k would be in range as an extension of that prior movement in the current cycle. Its worth examining prior movement patterns for some projection of the top prices in the next year or so.
I wouldn't worry about the top just yet, I dont think its occurring just yet and there's no need or gain from being in a rush to get there. Near term gives more clues, the foundations here need to be reset to go much higher.
A good base of support above or around the 70k area which capped progress for most of this year would be most positive and make me optimistic for the highs later.
Topic: Will BTC Reach $150K in the Next Bull Run? (Read 1253 times)
But big investors are making these assumptions, as we'll see Bitcoin price at record highs this bull run season. Because the highest Bitcoin price has ever been recorded and it is very likely that this Bitcoin price will increase till 2025, the peak will hit in 2025 so we think we will see the highest price of Bitcoin.
But I wonder, have all these people who are hoping for bitcoin to reach $150k prepared their portfolios well? Maybe this is a question that touches someone's privacy, but what's the point of increasing that much if we don't want to maximize the profit opportunities ourselves?
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?
Recently, we have been seeing how the price of Bitcoin is increasing day by day, and it can't be denied that we are not yet in a bullish phase. With the current Bitcoin price and how it increases on some days, I am expecting it to hit $150K soon. It is also possible for it to hit $200K. However, the truth is that nobody can actually say what price Bitcoin will reach before another bear market occurs.Anything can happen in the Bitcoin market. The price may reach levels nobody expected, and it may also fail to reach the prices people are predicting. So, if you want to invest, just invest in Bitcoin and try to hold it for the long term.This is because, with predictions like these, some people tend to follow blindly and even borrow money to invest in Bitcoin, thinking that when the price reaches the predicted levels before a bear market, they will sell and take their profits. I would say this is not a good strategy for investing in Bitcoin.
This is according to Standard Chartered Bank ....
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?
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.
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?
We are uncertain about the price of Bitcoin, so it is difficult to predict how much Bitcoin will cost in the future. However, it is estimated that the price of the coin will touch $150K to $170K net time during this bull run season.
But big investors are making these assumptions, as we'll see Bitcoin price at record highs this bull run season. Because the highest Bitcoin price has ever been recorded and it is very likely that this Bitcoin price will increase till 2025, the peak will hit in 2025 so we think we will see the highest price of Bitcoin.
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’s not possible for anyone to know how high bitcoin will go during the bull run, and it’s not possible to know how low bitcoin will go during the bear market, but the best thing to do is just to have patience, if you have already accumulated bitcoin, then it’s just better you keep on holding it, and if you are yet to buy bitcoin, it’s not still late, you can start accumulating and hold, but I don’t like speculations about bitcoin, I don’t like making people’s expectations high, because after predicting a price, and it doesn’t get to the price, some people might be disappointed, which I don’t really like. 
If it can be reached because everything indicates that things are very favorable for it to be able to make that jump to the highest price, I personally think that $150k could be a first target of what could be triggered, I think that if things improve a lot it could even reach $250k and for me it is very possible that this scenario will occur by 2025, considering other fundamentals such as the complete elimination of the wars that exist, Ukraine, Russia, Israel, I am sure that if Trump manages to eliminate these threats of war the market will rise to those values.
$150k seems excessive to me lately. We have to be realistic and hope for Bitcoin. Bitcoin needs to hit $100k first, then we can expect $150k. After Trump's victory, we are getting more excited than necessary about Bitcoin. Don't forget the flip side of the coin.
Right now we are expecting bitcoin price to reach 100,000 in value but I believe that this bullrun can take bitcoin to 100k, but the aspect of getting 150,000 for now I think it's not possible to achieve unless that will enter the into 2025 because these 2024 I think what we come only achieve in this time is 100,000 or 110k, expecting more than like that I don't think that it will just happen within this short month that remain but for 2025 I believe that we can accuse something like that but not this year because we have limited time for bitcoin to achieve such ATH
It is only a matter of time before the price of Bitcoin reaches $100k. But if we think $150k it will be difficult to reach this level in short time. If this year still has more than a month to left then there is a possibility that Bitcoin price will cross $100k and $150k if this bullish trend is prolonged which is not certain. But before we think about that, we should focus on the most expected price $100k. Since the value of Bitcoin is not much higher than the current price, getting to $100k won't be difficult. And it goes without saying that if Bitcoin cannot touch $150k in this bull run then it will surely touch $200k or above in the next bull run. Although we should not guess so early, but we can guess accordingly by looking at the market situation. 
Seems like this is a possibility, not like that would be a bad thing, we would actually profit a lot from this. I believe that people are not realizing how much we increase each all time high bull period, anytime this happens we go up a lot. And this time we started from near the last all time high price, so this could be even higher. I believe 200k+ is quite possible, and not only it's possible, but it's likely to reach those prices.
Writing next bull run makes it sound to me like the OP is referring to the bull market that is predicted to happen in 2028 after Bitcoin complete another halving and with that timeframe, the price of $150,000 will be too small because by then we should be talking about half a million for the price of Bitcoin. Bitcoin reaching $150,000 in this bull market should not be a doubtful prediction because it is very possible that we are going to see the price of Bitcoin passing that price or getting closer to it. If we can not reach $150,000 before the end of 2025, we should be trading above $100,000 as Bitcoin is around $90,000 and it will need only $10,000 to reach $100,000. After it reach that price, the next target will be $150,000 which is possible.
Definitely looks like where we are going already ,with 93k breached we could see that people are willing to buy a lot and we are just at the start of it. Usually after the halving the peak happens one year later, meaning that we are going to see the price change during peak times and we could see this changing a lot as well, I believe we are going to see 100k+ soon, and after we are in 2025, we are going to see the real peak here.
So if we are already 93k now, and if we go up more this year, then 150k+ doesn't seem that unlikely for 2025 at all, seems like that could very well happen. We need to make sure that people know what they are getting into, and because of that we are going to see a lot of price changes as well, just need to keep holding.
So if we are already 93k now, and if we go up more this year, then 150k+ doesn't seem that unlikely for 2025 at all, seems like that could very well happen. We need to make sure that people know what they are getting into, and because of that we are going to see a lot of price changes as well, just need to keep holding.
We have to see $100k first but it's starting to rotate in many speculations threads outside the forum talking about more than $100k, even more than $150k.
I am overwhelmed with how wild the thoughts of many and I don't disagree with that. Because every bull run is different and there's a likely it may repeat or it won't be.
With some data shown for every bull run, there's a lesser multiplier for Bitcoin but with ETFs, Trump winning and showing his support to Bitcoin, maybe that historical data will change but an overall data about Bitcoin going on a 4-year cycle will never change.
I am overwhelmed with how wild the thoughts of many and I don't disagree with that. Because every bull run is different and there's a likely it may repeat or it won't be.
With some data shown for every bull run, there's a lesser multiplier for Bitcoin but with ETFs, Trump winning and showing his support to Bitcoin, maybe that historical data will change but an overall data about Bitcoin going on a 4-year cycle will never change.
Right now we are expecting bitcoin price to reach 100,000 in value but I believe that this bullrun can take bitcoin to 100k, but the aspect of getting 150,000 for now I think it's not possible to achieve unless that will enter the into 2025 because these 2024 I think what we come only achieve in this time is 100,000 or 110k, expecting more than like that I don't think that it will just happen within this short month that remain but for 2025 I believe that we can accuse something like that but not this year because we have limited time for bitcoin to achieve such ATH
Seems like this is a possibility, not like that would be a bad thing, we would actually profit a lot from this. I believe that people are not realizing how much we increase each all time high bull period, anytime this happens we go up a lot. And this time we started from near the last all time high price, so this could be even higher. I believe 200k+ is quite possible, and not only it's possible, but it's likely to reach those prices.
We are getting close to 100k very soon, that shouldn't really be shock to anyone, we were only a bit away from it, so reaching those levels are quite easy, I believe this could happen very well. However, what we are forgetting is that we are seeing something bigger changing here, and because of that we shouldn't really be shocked with what we have, these are normal things and couldn't be really that much forced at all.
We are getting close to 100k very soon, that shouldn't really be shock to anyone, we were only a bit away from it, so reaching those levels are quite easy, I believe this could happen very well. However, what we are forgetting is that we are seeing something bigger changing here, and because of that we shouldn't really be shocked with what we have, these are normal things and couldn't be really that much forced at all.
We'll have to wait until he officially takes office in February to see if he's as pro-bitcoin as he claims. But there is no denying that the current price surge is largely due to his victory as he was the only candidate to publicly declare his support for cryptocurrencies in the most recent election. Bitcoin has been steadily rising and hitting $90k since the day he won, if this rally had nothing to do with him then what catalyst has helped the market rally so strongly? Only Harris supporters who refuse to accept her defeat say the rise in bitcoin prices has nothing to do with Trump.
After BTC hit $90k there was a correction but if nothing unexpected happens and the bullish momentum continues then I believe Bitcoin can hit $100k this month, we don't have to wait until the end of the year.
I am pretty sure he will be as pro bitcoin as he says, the trick isn't to see if he is pro-bitcoin or not, saying he is one in words is free and doesn't cost a thing, will he do something about it is the real question. You can be pro-bitcoin president and not do anything about it, like not have a strategic reserve for example, that's not something a president can do all by himself, this isn't his personal funds we are talking about here. If USA as a whole starts to buy bitcoin as government and build a reserve, that could be different.After BTC hit $90k there was a correction but if nothing unexpected happens and the bullish momentum continues then I believe Bitcoin can hit $100k this month, we don't have to wait until the end of the year.
Some places like SEC and FBI etc already have some bitcoins that they seized, and they could be confiscated as well, used as reserve, president could make that happen with house and senate I guess, or maybe himself. All in all, he may fear taking action even if he is pro-bitcoin and that is what I am guessing will happen. He isn't really interested in having these little wars over things that doesn't impact him personally.
There are many ways to support bitcoin and he doesn't need to create a strategic bitcoin reserve to assert that he supports bitcoin. As president, he has to deal with thousands of domestic and foreign issues every day, and sadly bitcoin is not an important issue for him to prioritize or focus most of his time on. We should know where we are and what role we play in the economy and not ask for too much.
In my opinion, if he comes up with policies that are not too strict and calls on organizations and companies to pay attention to bitcoin, it will be a success beyond our expectations. As long as he doesn't hate it or act against it and enact tough policies towards it, that's more than enough to prove that he supports bitcoin.
We'll have to wait until he officially takes office in February to see if he's as pro-bitcoin as he claims. But there is no denying that the current price surge is largely due to his victory as he was the only candidate to publicly declare his support for cryptocurrencies in the most recent election. Bitcoin has been steadily rising and hitting $90k since the day he won, if this rally had nothing to do with him then what catalyst has helped the market rally so strongly? Only Harris supporters who refuse to accept her defeat say the rise in bitcoin prices has nothing to do with Trump.
After BTC hit $90k there was a correction but if nothing unexpected happens and the bullish momentum continues then I believe Bitcoin can hit $100k this month, we don't have to wait until the end of the year.
I am pretty sure he will be as pro bitcoin as he says, the trick isn't to see if he is pro-bitcoin or not, saying he is one in words is free and doesn't cost a thing, will he do something about it is the real question. You can be pro-bitcoin president and not do anything about it, like not have a strategic reserve for example, that's not something a president can do all by himself, this isn't his personal funds we are talking about here. If USA as a whole starts to buy bitcoin as government and build a reserve, that could be different.After BTC hit $90k there was a correction but if nothing unexpected happens and the bullish momentum continues then I believe Bitcoin can hit $100k this month, we don't have to wait until the end of the year.
Some places like SEC and FBI etc already have some bitcoins that they seized, and they could be confiscated as well, used as reserve, president could make that happen with house and senate I guess, or maybe himself. All in all, he may fear taking action even if he is pro-bitcoin and that is what I am guessing will happen. He isn't really interested in having these little wars over things that doesn't impact him personally.
we just have to be realistic, the reason for the current pumping is because Trump win the election. Just imagine that kamara win, were could bitcoin be today? It might be doing correction at the moment.
However as par the op question i think bitcoin might not get to $150,000 this year but we should be ok if $100,000 is achieved. I do believe that once Trump and his team start their administration next year and all the promised of making USA cryptocurrency heaven are achieved then we should expect a run up to $150 000 and even above.
I agree with the factors causing the current increase in bitcoin prices, it is influenced by the optimism of traders and investors over Trump's victory as US President. Trump has delivered positive speeches regarding the growth and development of this industry which has subsequently been welcomed positively by the community, so of course this increase has something to do with Trump. Kamala is not the most supportive candidate for the future of the crypto industry and obviously if she wins then the market could turn around, fortunately Trump won the election and the market really looks bullish now.However as par the op question i think bitcoin might not get to $150,000 this year but we should be ok if $100,000 is achieved. I do believe that once Trump and his team start their administration next year and all the promised of making USA cryptocurrency heaven are achieved then we should expect a run up to $150 000 and even above.
The best hope for bitcoin this year is $100k and it is very close now. The gap is just $12k to $14k away with $100k and this not being far away to reach, but I'm really curious if $100k will actually be hit this month or if we'll see it next year. But I expect $100k to be hit this year, while higher prices are expected to be hit in the next year.
We'll have to wait until he officially takes office in February to see if he's as pro-bitcoin as he claims. But there is no denying that the current price surge is largely due to his victory as he was the only candidate to publicly declare his support for cryptocurrencies in the most recent election. Bitcoin has been steadily rising and hitting $90k since the day he won, if this rally had nothing to do with him then what catalyst has helped the market rally so strongly? Only Harris supporters who refuse to accept her defeat say the rise in bitcoin prices has nothing to do with Trump.
After BTC hit $90k there was a correction but if nothing unexpected happens and the bullish momentum continues then I believe Bitcoin can hit $100k this month, we don't have to wait until the end of the year.
However as par the op question i think bitcoin might not get to $150,000 this year but we should be ok if $100,000 is achieved. I do believe that once Trump and his team start their administration next year and all the promised of making USA cryptocurrency heaven are achieved then we should expect a run up to $150 000 and even above.
The best hope for bitcoin this year is $100k and it is very close now. The gap is just $12k to $14k away with $100k and this not being far away to reach, but I'm really curious if $100k will actually be hit this month or if we'll see it next year. But I expect $100k to be hit this year, while higher prices are expected to be hit in the next year.
While election is DEFINITELY a catalyst for the price action, we can't really assume any of them being the reason for it.
You realize that what you say is contradictory. If the catalyst is the outcome of the election, that's the reason.
Without wanting to get into polemics, to me it is clear that it is the promise to make a strategic reserve of bitcoin that is catalyzing the price. Trump said he would make it bitcoin only but now Lummis' proposal to buy 1 million bitcoins for the reserve is closer to becoming a reality.
That is unleashing right now by game theory the biggest institutional FOMO in bitcoin history. In governments, and corporations.
We just have to be realistic; the reason for the current pumping is because Trump won the election. Just imagine that Kamara win. Where could bitcoin be today? It might be doing corrections at the moment. However, as per the OP question, I think bitcoin might not get to $150,000 this year, but we should be ok if $100,000 is achieved. I do believe that once Trump and his team start their administration next year and all the promises of making USA cryptocurrency heaven are achieved, then we should expect a run up to $150 000 and even above.
While election is DEFINITELY a catalyst for the price action, we can't really assume any of them being the reason for it.
You realize that what you say is contradictory. If the catalyst is the outcome of the election, that's the reason.
Without wanting to get into polemics, to me it is clear that it is the promise to make a strategic reserve of bitcoin that is catalyzing the price. Trump said he would make it bitcoin only but now Lummis' proposal to buy 1 million bitcoins for the reserve is closer to becoming a reality.
That is unleashing right now by game theory the biggest institutional FOMO in bitcoin history. In governments, and corporations.
Every day Bitcoin has created a record of new ATH ie yesterday Bitcoin once again created a new ATH of $74000. But next year or sometime in the future it is no doubt that Bitcoin will make new ATH but it will not be $150k but slowly Bitcoin will make new records and increase in price. However, many people think that Bitcoin will touch a new milestone of 100k dollars by 2024, but since Bitcoin has been able to create the highest price record of 73621 (Binance) in the future, Bitcoin will create more new records and it will definitely be $100k.
According to my observations, the increase in Bitcoin this year has had many ups and downs rather than continuing to rise. At the beginning of the year, the Bitcoin price chart reached $73,000 and that only lasted for one month, then the price crashed to $53,000 in the near future. Indeed, from the ATH after the halving 4 years ago, Bitcoin this year has succeeded in creating a new ATH which is not far from the previous one. If something continues to pump, the highest price will be $100k at the end of the year and there will be a bull run market that traders and investors are waiting for. Bitcoin still has several corrections left for all of that to happen.
This is why it would be ideal that you should be wise on accumulating more while the price isn't on peak yet. I'm not saying on the current prices on which we do saw that it's pumping but rather wait up for some deep correction then this would be the best time to make such entry or securing up your place and whenever it do makes that recovery then you do able to maximize profitability.
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