Topic: Will BTC Reach $150K in the Next Bull Run? - page 2. (Read 1463 times)
$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.
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
if compared to gold:
x:https://x.com/BTC_Archive/status/1855347014021845337
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.
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.
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.
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.
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.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.
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.
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.
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.
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