Will BTC Reach $150K in the Next Bull Run? - page 6.

EluguHcman

sr. member

Activity: 546

Merit: 265

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.

justdimin

hero member

Activity: 3220

Merit: 678

www.Crypto.Games: Multiple coins, multiple games

Quote from: YOSHIE on October 01, 2024, 09:32:40 AM

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

Will BTC Reach $150K in the Next Bull Run?

$150k in my understanding is illustrative speculation and hallucination, speculation is baseless and unsourced, anyone can talk about the upcoming Bull Run, but they really can't judge Bitcoin's price breaking through $150k, maybe in the next 30 years it could be, but not 100% sure just a guess.

Bitcoin is hard to know what the real price will be, what else is coming, we can predict and speculate, but not what is said will happen and not what is predicted will actually happen, whatever it is, everyone hopes that Bitcoin can be better than now.

Isn't all speculations based on peoples predictions? You can say the price will be 100k, you can say 150k, you can say 50k, all of them are equal because we have no data to back up our claims. Which means 150k is a prediction which we can consider as realistic as any other.

Plus, we are not looking at a price point which would be impossible to reach, we are talking about a little more than double of what we are already at, and going double or even triple on a bull market isn't really that unrealistic or "hallucination", we have done increases at these ranges many times before. So focus on what you can do, and how much you can buy and keep holding, if it goes that high then you will be happy and if it doesn't go that high then you will just sell when it peaks.

Popkon6

sr. member

Activity: 798

Merit: 377

It is true that Bitcoin will move at its own pace, as we now have clear bull market pre-periods. Because the price of Bitcoin will definitely touch 100000 in 2025, but it is more likely to go close to 100000 dollars in 2024. 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.

Justbillywitt

sr. member

Activity: 448

Merit: 351

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

This is according to Standard Chartered Bank ....

Quote from: https://bitcoinmagazine.com/business/150000-standard-chartered-bitcoin-price-forecast-2024

Global banking giant Standard Chartered has upped its bitcoin price prediction for the end of 2024 to $150,000, a significant increase from its previous forecast of $100,000.

In a new report, Standard Chartered analysts cited strong inflows into recently launched spot bitcoin ETFs in the U.S. as a primary driver of their bullish outlook. The bank believes these "sticky" institutional flows will continue propelling Bitcoin's price.

Standard Chartered has emerged as one of the more Bitcoin-friendly legacy banks, with an active research team covering Bitcoin. Previously, the bank's analysts had predicted Bitcoin would reach $100,000 by the end of 2024.

But with Bitcoin's strong performance in early 2024, the team is now forecasting that it will hit $150,000 within the next nine months.

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 is very possible for bitcoin to hit the $150k mark, the good thing is that people are begining to see the potential in bitcoin. If bitcoin was able to perform as much as it has done in the past, I think with the current happenings around bitcoin and lots of liquidity flowing in, bitcoin is definitely going to hit that price projection. And if bitcoin can hit the $150k, there is nothing that will stop it from hitting the $200k in the future. It might look like it's unachievable right now but with time it will surly come to pass. 10 years ago not many people believed that the current price of bitcoin was achievable, but today it's already happening. So we don't know where the price of bitcoin will be 10 years from now. It could be that before that time, bitcoin might have crossed the $200k.

BABY SHOES

sr. member

Activity: 294

Merit: 433

HODL - BTC

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.

YOSHIE

legendary

Activity: 2128

Merit: 1775

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

Will BTC Reach $150K in the Next Bull Run?

$150k in my understanding is illustrative speculation and hallucination, speculation is baseless and unsourced, anyone can talk about the upcoming Bull Run, but they really can't judge Bitcoin's price breaking through $150k, maybe in the next 30 years it could be, but not 100% sure just a guess.

Bitcoin is hard to know what the real price will be, what else is coming, we can predict and speculate, but not what is said will happen and not what is predicted will actually happen, whatever it is, everyone hopes that Bitcoin can be better than now.

Ojima-ojo

hero member

Activity: 910

Merit: 507

Quote from: Oshosondy on October 01, 2024, 07:09:50 AM

I believe bitcoin will get to $100000 and above but I am doubting if the price will go up to $150000. I was predicting $170000 before but I have changed my mind. Although that is what it says from my technical analyses with reducing volatility, that bitcoin will get up to $170000. But I just want to be more specific and be more accurate which makes me now choose over $100000.

Since this analysis and predictions is coming from a bank, then itay be biased and only one sided, you can see how they mentioned only Bitcoin ETF as the inflow channels into Bitcoin that make up for their predictions, but then we need to look at other aspects that could limits the possibility of Bitcoin reaching that $150k as predicted by the bank analysis.

Also I am of the opinion that the predictions is out of reach and quite right to say $100k Bitcoin price is more achievable compared to the 150k mentioned here and the reason is that currently Bitcoin is struggling to sustain a 65k price and the next bull market can happen anytime which is the reason we should not go any over the board predictions.

Oshosondy

legendary

Activity: 1652

Merit: 1208

Gamble responsibly

I believe bitcoin will get to $100000 and above but I am doubting if the price will go up to $150000. I was predicting $170000 before but I have changed my mind. Although that is what it says from my technical analyses with reducing volatility, that bitcoin will get up to $170000. But I just want to be more specific and be more accurate which makes me now choose over $100000.

AVE5

full member

Activity: 350

Merit: 128

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?

Already there had been several Speculations driving anticipations of bitcoin investors approaching a semi bull run on before we might experience the main bull run.
Although as for me I don't know if it's possible to hit $100,000 to $150,000 within the period but considering possibilities of predictions coming through, blackrock and standard chartered bank are believed to have feasible professional analysis which means there're possibilities to have this happen.

Japinat

hero member

Activity: 3052

Merit: 685

This is according to Standard Chartered Bank ....

Quote from: https://bitcoinmagazine.com/business/150000-standard-chartered-bitcoin-price-forecast-2024

Global banking giant Standard Chartered has upped its bitcoin price prediction for the end of 2024 to $150,000, a significant increase from its previous forecast of $100,000.

In a new report, Standard Chartered analysts cited strong inflows into recently launched spot bitcoin ETFs in the U.S. as a primary driver of their bullish outlook. The bank believes these "sticky" institutional flows will continue propelling Bitcoin's price.

Standard Chartered has emerged as one of the more Bitcoin-friendly legacy banks, with an active research team covering Bitcoin. Previously, the bank's analysts had predicted Bitcoin would reach $100,000 by the end of 2024.

But with Bitcoin's strong performance in early 2024, the team is now forecasting that it will hit $150,000 within the next nine months.

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?

Topic: Will BTC Reach $150K in the Next Bull Run? - page 6. (Read 1463 times)