Will BTC Reach $150K in the Next Bull Run? - page 5.

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.

tygeade

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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.

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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.

fuguebtc

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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.

cryptoWODL

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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.

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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.

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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.

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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.

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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.

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

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

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

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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.

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

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

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Quote from: Japinat on October 01, 2024, 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.

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

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

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

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

Text

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

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

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

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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?

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

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