Will BTC Reach $150K in the Next Bull Run? - page 4.

asriloni

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Quote from: Text on October 01, 2024, 05:43:58 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.

I remind you of something. Bitcoin's past performance does not predict its future price. It was doing triple in the last bull run, but i think this time is gonna be very different than that. Bigger market cap, bigger inflow is needed.

Bitcoin won't hit 150k without all investors in the world allocating a few percent to it. This includes both institutional and retail investors.

I've set my own realistic targets at $80k to $85k. However, Bitcoin's rise depends on many factors. These include inflation, the FED rate cuts, and adoption by retail and institutions.

And remember that there are many big players actively trading in the market. They often manipulate the price. They do liquidate leveraged traders. So, BTC's growth is sometimes very hard to predict.

And always prepare yourself. We might be in a new reality now. The 4-year cycle may not relevant anymore.

jcojci

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I don't believe on forecast from a certain institutional or bank because Bitcoin can go to anywhere. That is what we know so far but with more people comes to Bitcoin and use Bitcoin, that gives more popularity for Bitcoin and will give more chance to Bitcoin to hitting any highest price.

We may see that price in the end of 2024 but we don't have really sign for that and it is better you have your own target so you can sells your Bitcoin. When you believe on someone forecast, you will not sell if the price is not reach on that price while the price can go to the other highest price. That can make you disappointed because you will have a chance to sell at more than that forecast price.

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Quote from: Akbarkoe on October 06, 2024, 07:35:01 PM

Quote from: OgNasty on October 02, 2024, 12:48:58 PM

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.

That might happen because we don't know how much bitcoin will multiply in the bullrun season, but if we look at realistic numbers first I think $100k is a round number that can be expected, let's say the end of this year if it reaches a price of $100k, there is a possibility that the price you expect to happen in 2025, but until today we have difficulty growing faster this year, bitcoin is still negotiating at the price level of $50k-$60k, we have been spinning too long here to get that price.

Isn't it good that bitcoin has been trading at $50k-60k for a long time? Because we will have more time to accumulate bitcoin, would you rather buy bitcoin at $200k or at $60k?

We can go sideways and accumulate for a long time but once the bull season comes, it won't take long for bitcoin to hit $100k or $200k. The bullseason doesn't have to last too long, we just need 2 to 3 months to complete the goal and I think that's enough for us to enjoy.

I don't understand why people like to discuss and expect bitcoin to hit $100k in this cycle but to me that's a pretty modest goal and not my goal. I still believe we can hit those higher ATHs many times over.

mich

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Well still I am 'bullish' for the next bull run. But I do think we need to think about price of 100k before we think price of 150k.

The price 100k would mean alot of profits for us. And it will be a new all time high. And if we do get to price 100k there still can be a correction. It does for me feel like 150k is not going to happen in this year.

STT

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BTC will reach past 150k in the next bull run but you may find alot of people lose patience long before that happens and give up in the struggle to make six figures. I think it will be unexpected by most people despite being discussed right now. I presume that scenario occurs because we have extreme turbulence on the flight path not the smooth reclined seat in flight movie with a drink while we wait for the heights expected.

If 150k occurs its likely after people think the oppisite is also true. If we look back at 2020 many people sold in the March thinking BTC wasnt even worth the sub 10k prices. It was an alarming sell off, its that kind of fear and capitulation that marks the prequel to a run up that will exceed 150k I think.
Have we accumulated masses of fear and loathing; BTC seems so slow and steady I could only assume we glide sideways forever but I dont think that either. People underestimate the extremes is my take, myself included tbh.

Akbarkoe

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Quote from: OgNasty on October 02, 2024, 12:48:58 PM

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.

That might happen because we don't know how much bitcoin will multiply in the bullrun season, but if we look at realistic numbers first I think $100k is a round number that can be expected, let's say the end of this year if it reaches a price of $100k, there is a possibility that the price you expect to happen in 2025, but until today we have difficulty growing faster this year, bitcoin is still negotiating at the price level of $50k-$60k, we have been spinning too long here to get that price.

LUCKMCFLY

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Quote from: fuguebtc on October 03, 2024, 05:16:37 AM

In general, bitcoin as well as the financial market will not be able to avoid the impact of world events, but sometimes there will be developments that are completely opposite to what we think. Not always negative news causes the market to fall and not always positive news causes the market to rise.

I think it is like this, regardless of how the price of bt moves thanks to supply and demand, it does not have any type of backing with precious stones, gold, or anything else, the movements are already given also thanks to the fact that there is market speculation and this is a fact, this reminds me that since 2009 there were many BTC enthusiasts who did not care if the price went to the moon, they were only interested in the technological part and the technical part that was represented, now things are getting spicier, because of course now everyone is looking to have more money, the perception of btc has changed a lot for many.

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Quote from: justdimin on October 04, 2024, 01:40:22 AM

This could be pretty similar as well, although since Russia and Ukraine war started we have been pretty bear, so it doesn't always go down and then go bull, sometimes it just happens to be on the same time. For example it did drop in 2020 because of covid, but then halving happened and a year later we had a bull run, same could happen now, in 2024 we had halving, and we could see the price going up again as well.

So, we shouldn't really be worried about any of this, we need to make sure that we know what we are doing and not have any worries at all, we need to be careful about it all the same. Basically, holding and not risking your money is the most important part, and holding something strong, like bitcoin, not some shitcoin neither.

I agree we are going to see this war not being a thing for too long, it will recover soon. People who are selling right now should either buy when it's lower so they benefit from it, or they should just avoid it all together because it won't be that nice. So in the end, wea re talking about a great situation which will not be too simple for them, it is going to end up with some issues. We are going to face a lot of trouble if we are not careful but at the end of the day it is going to be very hard to handle as well.

The trick is to make sure we are dealing with buying at the right time and most people sell and not buy back at the right time and they regret later on. Bitcoin will go up, there is no doubt about that, so try to buy when you can.

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Quote from: Wexnident on October 04, 2024, 10:19:55 AM

I reckon if we do hit 150k it wouldn't be too far off to see a dump back to 20k, maybe even below it after a couple of months of hitting that lol.

I don't speculate on the highest price bitcoin can reach in this bull run but I think even if the ATH of this bull run is $73k, I don't believe bitcoin can drop below $20k again. Bitcoin's big volatility may have ended since Bitcoin ETF approval, I mean we will no longer see bitcoin being dumped 80%-90% like previous bear cycles.

If bitcoin can hit $150k this cycle, I firmly believe it will be difficult for it to fall below $50k let alone below $20k. Many even speculate that there will be no more bull and bear seasons, and instead, bitcoin will behave more like the stock market.

Wexnident

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Quote from: Japinat on October 01, 2024, 06:28:50 AM

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Depends on what you'd consider the next bullrun. If you mean at the point when it go pasts the last ATH (which was 70k ish iirc) then highly doubt that. I don't think we'd seen that big of a move in any bull run and even if we did, it was in the early days at most. And from what I've seen the increments of growths in between bullruns is gradually slowing down, so seeing a x2(and more) all at once seems kind of doubtful.

I'm more expectant of 100k then it maybe going up to max 120k ish before going down again to stabilize itself. I reckon if we do hit 150k it wouldn't be too far off to see a dump back to 20k, maybe even below it after a couple of months of hitting that lol.

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Quote from: fuguebtc on October 03, 2024, 05:16:37 AM

As Bitcoin grows and matures, it will become more and more affected by world events, and there is no way to stop that. But not all events like war, inflation, crisis...cause bitcoin to be dumped. Remember the covid pandemic in 2020, bitcoin was also dumped but what happened after that? We had a brilliant bull season in 2021. Similarly, bitcoin was dumped when the Russia-Ukraine war happened, but then we also recovered in 2023 and reached a new ATH in March this year.

In general, bitcoin as well as the financial market will not be able to avoid the impact of world events, but sometimes there will be developments that are completely opposite to what we think. Not always negative news causes the market to fall and not always positive news causes the market to rise.

This could be pretty similar as well, although since Russia and Ukraine war started we have been pretty bear, so it doesn't always go down and then go bull, sometimes it just happens to be on the same time. For example it did drop in 2020 because of covid, but then halving happened and a year later we had a bull run, same could happen now, in 2024 we had halving, and we could see the price going up again as well.

So, we shouldn't really be worried about any of this, we need to make sure that we know what we are doing and not have any worries at all, we need to be careful about it all the same. Basically, holding and not risking your money is the most important part, and holding something strong, like bitcoin, not some shitcoin neither.

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Quote from: Republikcoin.com on October 03, 2024, 03:54:46 AM

Quote from: Japinat on October 01, 2024, 06:28:50 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?

It seems like it will be very difficult to push it to the $200K level if the Bitcoin price and stock index are still subject to war events and other bad events at the moment. Because from the price level of $66K at the end of last month, Bitcoin immediately plunged back to the $60K level when war broke out again in the Middle East which has caused some Bitcoin holders to panic. So we just need to be patient while exercising our faith in holding Bitcoin in any condition so that we can at least have a better push on the Bitcoin price side without panicking about certain events.

As Bitcoin grows and matures, it will become more and more affected by world events, and there is no way to stop that. But not all events like war, inflation, crisis...cause bitcoin to be dumped. Remember the covid pandemic in 2020, bitcoin was also dumped but what happened after that? We had a brilliant bull season in 2021. Similarly, bitcoin was dumped when the Russia-Ukraine war happened, but then we also recovered in 2023 and reached a new ATH in March this year.

In general, bitcoin as well as the financial market will not be able to avoid the impact of world events, but sometimes there will be developments that are completely opposite to what we think. Not always negative news causes the market to fall and not always positive news causes the market to rise.

Republikcoin.com

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Quote from: Japinat on October 01, 2024, 06:28:50 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?

It seems like it will be very difficult to push it to the $200K level if the Bitcoin price and stock index are still subject to war events and other bad events at the moment. Because from the price level of $66K at the end of last month, Bitcoin immediately plunged back to the $60K level when war broke out again in the Middle East which has caused some Bitcoin holders to panic. So we just need to be patient while exercising our faith in holding Bitcoin in any condition so that we can at least have a better push on the Bitcoin price side without panicking about certain events.

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Quote from: Popkon6 on October 01, 2024, 11:30:16 AM

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.

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Quote from: Dr.Bitcoin_Strange on October 02, 2024, 11:45:24 AM

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

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Quote from: Yaunfitda on October 02, 2024, 06:43:46 AM

Quote from: Russlenat on October 02, 2024, 06:27:53 AM

Quote from: Text on October 01, 2024, 05:43:58 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, 01:40:05 PM

Quote from: BABY SHOES on October 01, 2024, 11:18:19 AM

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, 04:00:02 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.

Topic: Will BTC Reach $150K in the Next Bull Run? - page 4. (Read 1253 times)