Pages:
Author

Topic: Will BTC Reach $150K in the Next Bull Run? - page 2. (Read 1253 times)

sr. member
Activity: 1092
Merit: 342
Hire Bitcointalk Camp. Manager @ r7promotions.com
November 10, 2024, 03:41:32 PM
#76
Are we already in a bull run or not? I think that if we are not, we are very close to it or it is a mini bull run because this is a fact that now the btc is in a very good streak, some bitcoin analysts say that if things go well it can reach $100k this year, I hope it is like that, if this is not a small bull run then I don't know what will be, if we are talking about 2025 it may be that things change there but to be better, they are talking about bitcoin cycles, the bitcoin super cycle which is the 4 years that every 4 years the price goes up, this is valid and I believe in that.

if compared to gold:



x:https://x.com/BTC_Archive/status/1855347014021845337
STT
legendary
Activity: 4088
Merit: 1452
November 05, 2024, 06:59:50 PM
#75
The last cycle of prices went from about mid teens to the current price now of 70k say.    Thats a good multiple from the flat ground to the peaks, a good climb and appreciation in price action.   Its arguable now this current price is the flat ground and we can be many multiples higher from here in a peak price situation.   That would mean 150k is far too low an estimate for the top.

I dont know if this is the flat or the mid way, I think its closer to a flat price imo.   The amount of time we spent here this year has convinced me of that so in turn I think the multiple also is much higher then people might expect.  Of course by peak I mean a price not sustained so dont get too excited, it might happen while you are asleep and miss it.
legendary
Activity: 1974
Merit: 1108
Free Free Palestine
November 01, 2024, 12:44:51 AM
#74

Hard to say, maybe you forget that we will have the US election next month. And it's very interesting that one candidate is pro-crypto. And if he wins, as he is leading the poll right now, that everything not just crypto, will have a positive movement because of the newly elected President. So we will see, maybe we can reach $80k-$85 at the end of the year. Many things can happen in the next 2 months.

If you think the election could push bitcoin to 80 or 85k, don't rule out the possibility that it could cause a bitcoin dump. The “sell the news” scenario could also happen even if Trump wins the election. Furthermore, there is no guarantee that if Trump is elected, he will keep his promises. Therefore, we should always prepare ourselves with a backup plan instead of being too subjective and entrusting the development of bitcoin into the hands of a politician.

Personally, I am more interested in the upcoming actions of the Fed because I believe that is the main factor determining the market movement. If they continue to cut rates in November and December, I believe we will hit new all-time highs before the year is out.
Hmm, but what can you say about the recent uptick now? are you still not gonna accept that the election might be the catalyst for the bull run? Have you seen the price lately, it has been pushing very hard and there are reports that this is due to the election itself. You are correct that there is no guarantee that Trump will win, but what if he does? My point is that why we should be very negative and adamant that we are in the bull run? For the Fed cut rate hike, last month we had it, and yeah we have some major push but then again, after the news has died down, and so is the price going back to $60k-$62k if my memory serves me right and as we nearing the end of the month and the election itself, people FOMO pushing the price to now $72k-$73k.

The PCE and core PCE indexes were released on the last day of October and things were not as expected, which raised concerns that inflation would rise again and the Fed would only cut interest rates once in the last 2 months of the year. The US stock market immediately plunged and lost more than $953 billion, while bitcoin didn't fare much better. Have you checked the markets today? Bitcoin is trading below $69k.

As I said before, inflation news is an important metric for us to predict the trend of bitcoin. The election is just a temporary hype because you need to know that we have to wait until December to know the final results of the election.

legendary
Activity: 2660
Merit: 1074
October 31, 2024, 03:05:10 PM
#73
If you think the election could push bitcoin to 80 or 85k, don't rule out the possibility that it could cause a bitcoin dump. The “sell the news” scenario could also happen even if Trump wins the election. Furthermore, there is no guarantee that if Trump is elected, he will keep his promises. Therefore, we should always prepare ourselves with a backup plan instead of being too subjective and entrusting the development of bitcoin into the hands of a politician.

Personally, I am more interested in the upcoming actions of the Fed because I believe that is the main factor determining the market movement. If they continue to cut rates in November and December, I believe we will hit new all-time highs before the year is out.
Hmm, but what can you say about the recent uptick now? are you still not gonna accept that the election might be the catalyst for the bull run? Have you seen the price lately, it has been pushing very hard and there are reports that this is due to the election itself. You are correct that there is no guarantee that Trump will win, but what if he does? My point is that why we should be very negative and adamant that we are in the bull run? For the Fed cut rate hike, last month we had it, and yeah we have some major push but then again, after the news has died down, and so is the price going back to $60k-$62k if my memory serves me right and as we nearing the end of the month and the election itself, people FOMO pushing the price to now $72k-$73k.
While election is DEFINITELY a catalyst for the price action, we can't really assume any of them being the reason for it. Trump or Kamala doesn't matter, this could have been Trump vs Biden, or could be Me vs You, doesn't matter who we are talking about as candidates. Election is the thing people care about, they buy before the election starts, and just rally it up after election as well.

So we need to be careful about what we are seeing and not really consider this as a reason for bitcoin to be related to any of the politicians. If you relate bitcoin to any specific politician, you are putting it on a side. People who say Trump is good for Bitcoin, and Kamala is bad, making Kamala fans not be in favour of bitcoin and we do not need that, keep politics out of bitcoin, we need people who dislike both and want to have their own currency, that is how you grow and that is how bitcoin grew so far as well. Nobody said anything about Obama and crypto, so we shouldn't say it for others too.
hero member
Activity: 2870
Merit: 594
October 31, 2024, 08:04:07 AM
#72

Hard to say, maybe you forget that we will have the US election next month. And it's very interesting that one candidate is pro-crypto. And if he wins, as he is leading the poll right now, that everything not just crypto, will have a positive movement because of the newly elected President. So we will see, maybe we can reach $80k-$85 at the end of the year. Many things can happen in the next 2 months.

If you think the election could push bitcoin to 80 or 85k, don't rule out the possibility that it could cause a bitcoin dump. The “sell the news” scenario could also happen even if Trump wins the election. Furthermore, there is no guarantee that if Trump is elected, he will keep his promises. Therefore, we should always prepare ourselves with a backup plan instead of being too subjective and entrusting the development of bitcoin into the hands of a politician.

Personally, I am more interested in the upcoming actions of the Fed because I believe that is the main factor determining the market movement. If they continue to cut rates in November and December, I believe we will hit new all-time highs before the year is out.
Hmm, but what can you say about the recent uptick now? are you still not gonna accept that the election might be the catalyst for the bull run? Have you seen the price lately, it has been pushing very hard and there are reports that this is due to the election itself. You are correct that there is no guarantee that Trump will win, but what if he does? My point is that why we should be very negative and adamant that we are in the bull run? For the Fed cut rate hike, last month we had it, and yeah we have some major push but then again, after the news has died down, and so is the price going back to $60k-$62k if my memory serves me right and as we nearing the end of the month and the election itself, people FOMO pushing the price to now $72k-$73k.
full member
Activity: 224
Merit: 128
Patience and hard work are the keys to success.
October 31, 2024, 07:12:30 AM
#71
Bitcoin futures are almost impossible for any human being. Be it an individual or a specific bank. But we can expect a guess from a wise person and there is some chance that it will happen. Bitcoin may cross $100k by the end of 2024. It's a rough estimate and I believe it. hardly seen But if it hits $150k I will be really happy and it will be more than I expected. For Bitcoin to hit $150k from this stage, Bitcoin would need to increase in value by about $80k, and this increase would require a major shift in the global economy. I think such a change has never happened before and will not happen or is unlikely to happen in the next quarter or months.
sr. member
Activity: 1624
Merit: 339
https://duelbits.com/
October 31, 2024, 06:46:15 AM
#70
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.
full member
Activity: 532
Merit: 229
October 31, 2024, 04:30:34 AM
#69
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.

Bitcoin did not break the past highest price that it set this year. On Binance exchange it stopped at $73,620 but the last highest price in march was $73,777. Bitcoin almost broke it but it was like there were many sell orders at that price that did not allow the price of Bitcoin to break the previous highest price. Maybe next month we will be getting a new highest price. Bitcoin can reach $150,000 by the end of the bull market next year, there are potential for this to happen and if former president Donald Trump wins, we should be expecting the price of Bitcoin to increase faster than we think. Many people are just waiting for the elections to conclude before they start buying because they don't want to buy now and Donald Trump does not win.
At that time Bitcoin could not break the ATH because of a little pump, but Bitcoin will start a good pump very soon, we will see the Bitcoin pump after this election, election is only 5 days away. We can certainly hope for something better if Trump wins the election. In this case the price of Bitcoin could rise even faster, and the target of $150K is not unreasonable at all. Elections and end of year markets will show better than the current market conditions, and we can expect even better things to happen in the coming year, with Bitcoin likely to go above $150K in the next year itself. But the market situation will be much better in the future, because the demand for Bitcoin is also increasing day by day, many companies are also attracted to Bitcoin, such as Microsoft is thinking positively about Bitcoin holding, and as of October 20, the total Bitcoin holding of Microsoft Company is 252,220 bitcoin stands at $9.91 billion. However, we are going to see something better in the future.
sr. member
Activity: 322
Merit: 227
Playbet.io - Crypto Casino and Sportsbook
October 31, 2024, 02:58:02 AM
#68
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.

Bitcoin did not break the past highest price that it set this year. On Binance exchange it stopped at $73,620 but the last highest price in march was $73,777. Bitcoin almost broke it but it was like there were many sell orders at that price that did not allow the price of Bitcoin to break the previous highest price. Maybe next month we will be getting a new highest price. Bitcoin can reach $150,000 by the end of the bull market next year, there are potential for this to happen and if former president Donald Trump wins, we should be expecting the price of Bitcoin to increase faster than we think. Many people are just waiting for the elections to conclude before they start buying because they don't want to buy now and Donald Trump does not win.
sr. member
Activity: 504
Merit: 266
October 30, 2024, 06:53:39 PM
#67
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.
sr. member
Activity: 294
Merit: 433
HODL - BTC
October 30, 2024, 05:20:28 PM
#66
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?

150k by the end of 2024 is a big reach. I don't see that happening. There are just three months to the end of the year, and I don't think there is enough time for Bitcoin to get to 100k. We know that in a bull run like this, Bitcoin goes up gradually. It doesn't usually just pump like we saw after the ETF approval. It goes up gradually, fluctuating up and down along the way to the top.
150k by the end of 2025 is more feasible. I strongly believe next year would be a good year for Bitcoin, a better year than this year, and we can see something as high as 150k.
My prediction is 100k or thereabouts, but I believe it's very possible for it to reach 150k by next year.
It's too soon to predict bitcoin to $150K by the end of the year so it needs a big spike, and there's no way there's anything else to do... Then the bitcoin process is indeed gradual before the end of the year to $80K may still be reasonable.

ETF approval right at the beginning is a positive sign... Especially now from the US election where Trump supports bitcoin, if he wins there may be a slight increase that affects bitcoin to rise above $100K even though it is not a complete Trump victory.

2025... Will be much awaited... Bullish remains to be expected.
sr. member
Activity: 686
Merit: 332
October 29, 2024, 02:01:12 AM
#65
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?

150k by the end of 2024 is a big reach. I don't see that happening. There are just three months to the end of the year, and I don't think there is enough time for Bitcoin to get to 100k. We know that in a bull run like this, Bitcoin goes up gradually. It doesn't usually just pump like we saw after the ETF approval. It goes up gradually, fluctuating up and down along the way to the top.
150k by the end of 2025 is more feasible. I strongly believe next year would be a good year for Bitcoin, a better year than this year, and we can see something as high as 150k.
My prediction is 100k or thereabouts, but I believe it's very possible for it to reach 150k by next year.
legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
October 29, 2024, 01:48:13 AM
#64
---
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?
$150,000 in span of 9 months is kind of insane knowing that we are currently at the $70,000 price level.

Is this doable? Hmmm. Anything is possible of course, but what are the chances of this to happen in the upcoming bull run? I think it's pretty low for me. I have a target of $120,000 as it's peak, and TBH, I can't think of any reason why Bitcoin will reach that $150,000 level aside from the inflows from Bitcoin ETFs, a country printing more money like what China did, and some other global events as well.

The forecast of the bank is like us average Joes making prediction. The only difference is that, their prediction are backed by explanation while us? Backed by... MOUTH and nothing more. Cheesy I would be happy if Bitcoin will reach that level of course, but if that happens, I probably sold all of my Bitcoins already. If somebody here believes in the prediction of this bank then I guess this time is still a good time to accumulate more Bitcoins because even you buy at the $70,000 and hold it, you will still 2x your money which is pretty big already knowing that Bitcoin is what they considered as "Safe Haven" when it comes to cryptocurrency. Smiley
full member
Activity: 532
Merit: 229
October 29, 2024, 12:35:38 AM
#63
Personally, I am more interested in the upcoming actions of the Fed because I believe that is the main factor determining the market movement. If they continue to cut rates in November and December, I believe we will hit new all-time highs before the year is out.
Yes I also think we will hit a new all time high this year. Bitcoin price is now 71K, it is showing upward movement now, but how long it will last is hard to say. But since this month isn't over yet and the US presidential election is on the 5th of next month, and it will be another two months before the end of the year after the election, there is some hope that we could see a new all-time high this year. And if Trump wins this election, we can definitely expect something better. If Trump wins, there is a good chance that Bitcoin will cross $80k this year. And then next year i.e. 2025 we will see a good bull run where Bitcoin may cross 150K. After all, even if we don't see anything good this year, we can certainly expect better things in 2025.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
October 28, 2024, 11:48:36 PM
#62


Yes true words here and as for Bill Gates having had a bad experience with BTC because of bad timing or something, no I fully doubt that. Come on how much could he have lost that it hurt him? You and I, we can have a bad experience, but Gates? Let's say he lost $100 million, I doubt that he would have cared. If I had to guess, I would rather believe that he did buy BTC, didn't want to turn into a public advocate, and is now holding 100,000 BTC that he bought for $100 million via structures that hide his identity. Or he doesn't care at all because he is as rich as he is, same thing like Buffet. But since BTC is a controversial, highly political and economically relevant topic, I would assume that Gates would have not outed himself as an investor in a decentralized network with an unknown founder.

2017/2018 shocked everyone similarly like to shocked everyone when it crossed $1,000 and I think more shocks are in the making Wink

There is no doubt about that, because obviously things for this billionaire had to have gone Through very bad experiences as you say, to complain so much is something strong that happened to him , of course he will not say What happened to him so as not to be the object of ridicule, I do not remember if it was Peter Schiff, but he Bought BTC and did not write down the Words to recover his wallet, and I think he lost that money, to make matters worse, Peter's own son trusts much more in BTC because he has it and not gold, these are the things in life that they teach and that make it seem that even if they are very influential people sometimes they are not Intelligent enough to see the best in their eyes.
legendary
Activity: 1974
Merit: 1108
Free Free Palestine
October 24, 2024, 12:06:35 AM
#61

Hard to say, maybe you forget that we will have the US election next month. And it's very interesting that one candidate is pro-crypto. And if he wins, as he is leading the poll right now, that everything not just crypto, will have a positive movement because of the newly elected President. So we will see, maybe we can reach $80k-$85 at the end of the year. Many things can happen in the next 2 months.

If you think the election could push bitcoin to 80 or 85k, don't rule out the possibility that it could cause a bitcoin dump. The “sell the news” scenario could also happen even if Trump wins the election. Furthermore, there is no guarantee that if Trump is elected, he will keep his promises. Therefore, we should always prepare ourselves with a backup plan instead of being too subjective and entrusting the development of bitcoin into the hands of a politician.

Personally, I am more interested in the upcoming actions of the Fed because I believe that is the main factor determining the market movement. If they continue to cut rates in November and December, I believe we will hit new all-time highs before the year is out.
hero member
Activity: 1890
Merit: 824
Defend Bitcoin and its PoW: bitcoincleanup.com
October 23, 2024, 08:12:59 PM
#60
...
It is true, what happens is that Buffet is very stubborn, I don't know if you remember that the creator of Tron had a great dinner with him and talked to him about that alt, he also gave him many, Buffet politely accepted them but he knows that he is not even a little bit excited, it's just that Warren Buffet is a guy who is like you say, he has so much money that the money from Crypto doesn't attract his attention anymore, however his books are very good and his advice applies totally to the BTC market, I think that Bill had a bad experience with BTC, maybe he bought at a bad time or something to have said something like that.

The price thing is totally valid, many think that it can't get there, but come on, in 2018 who would have imagined that BTC would reach almost $20k? then to more than $73k, then each ATH is juicier than the first, we have to start from there.


Yes true words here and as for Bill Gates having had a bad experience with BTC because of bad timing or something, no I fully doubt that. Come on how much could he have lost that it hurt him? You and I, we can have a bad experience, but Gates? Let's say he lost $100 million, I doubt that he would have cared. If I had to guess, I would rather believe that he did buy BTC, didn't want to turn into a public advocate, and is now holding 100,000 BTC that he bought for $100 million via structures that hide his identity. Or he doesn't care at all because he is as rich as he is, same thing like Buffet. But since BTC is a controversial, highly political and economically relevant topic, I would assume that Gates would have not outed himself as an investor in a decentralized network with an unknown founder.

2017/2018 shocked everyone similarly like to shocked everyone when it crossed $1,000 and I think more shocks are in the making Wink
hero member
Activity: 2842
Merit: 772
October 23, 2024, 06:41:51 AM
#59
I will love them if their prediction happens at the year-end with $150k. Because if that's going to be the highest for this year then how much more if it's going to be the actual peak of this cycle?

For sure, everyone will be excited as this is the first time that we will see that kind of price. Reaching 6 digits is already a accomplishment for us. But getting into $150k? That is something new to all of us.

We're getting to the most exciting part. We're very close to the end of this year and I am sure that they're not the only ones that can't wait for that.

But to be honest, that's too much to think of and I am not putting that high hopes to what they've said. I've got my targets and they're not that much but it will be amazing if they will be accurate to that prediction.

It's better to really just let the market gets into it's flow and not to think more about it. That's one lesson I learned, is that you can't forced it to reach let's say this X price as it will really look artificial and not good for the market itself. So if we reaches it in the next 12 months then so be it.
hero member
Activity: 2870
Merit: 594
October 23, 2024, 05:39:44 AM
#58
If $150K is the new ATH this year, then I can predict $200K as the peak in 2025. How about that - it's not impossible, right?
The year is almost over and the price is yet to break the current resistance of $70k, though i feel it is close to doing so, but $150k still looks like a lot to achieve this year. I'd be more conservative with my prediction and say if the new ATH for this year is around $80-85k, then at the peak in 2025, we could see a new ATH in the range of $150-180k. It is interesting to watch and see what this cycle brings for us.



150k is a very non sensical target to be achieved by Bitcoin this year. We're near 70k. Then, we fell to 66k. So, there's strong resistance at 70k that bitcoin can't break. I expect it to drop back to the 64k. That being said bitcoin needs a bigger support to break 70k.
But that is the thing with Bitcoin price movement, when we thought that we are going to break that resistance, price goes down hard. And then we will try and go to up again and break that resistance. And usually it takes like 2-3x before we can finally break and the maintained it and goes for another jump, and cycle repeats.

And thinking about BTC to break new ATH like 80k - 85k in a short time, it is unlikely to happen.  i see no reason for BTC to jumping up a lot. We're almost coming to the end of October, yet nothing happened so far. This means bitcoin bullish patter is starting to change.

I'd rather believe BTC is always doing sideway till early of next year.
Hard to say, maybe you forget that we will have the US election next month. And it's very interesting that one candidate is pro-crypto. And if he wins, as he is leading the poll right now, that everything not just crypto, will have a positive movement because of the newly elected President. So we will see, maybe we can reach $80k-$85 at the end of the year. Many things can happen in the next 2 months.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
October 23, 2024, 01:12:19 AM
#57
If $150K is the new ATH this year, then I can predict $200K as the peak in 2025. How about that - it's not impossible, right?
The year is almost over and the price is yet to break the current resistance of $70k, though i feel it is close to doing so, but $150k still looks like a lot to achieve this year. I'd be more conservative with my prediction and say if the new ATH for this year is around $80-85k, then at the peak in 2025, we could see a new ATH in the range of $150-180k. It is interesting to watch and see what this cycle brings for us.



150k is a very non sensical target to be achieved by Bitcoin this year. We're near 70k. Then, we fell to 66k. So, there's strong resistance at 70k that bitcoin can't break. I expect it to drop back to the 64k. That being said bitcoin needs a bigger support to break 70k.

And thinking about BTC to break new ATH like 80k - 85k in a short time, it is unlikely to happen.  i see no reason for BTC to jumping up a lot. We're almost coming to the end of October, yet nothing happened so far. This means bitcoin bullish patter is starting to change.

I'd rather believe BTC is always doing sideway till early of next year.
Pages:
Jump to: