Your educated guess on BTC price at the end of 2024

alankasman

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Quote from: Sanitough on April 02, 2024, 06:52:58 PM

Quote from: alankasman on April 01, 2024, 04:17:15 PM

There are still eight months left in 2024. Every month that passes, there may be a spike or decline caused by an event that affects market activity.

Whatever the price, it can still happen every month after month that will pass this year.
Nothing is impossible when the time comes.
Price speculation to keep us enthusiastic about going month after month.

I’m actually not totally optimistic with how bitcoin price will go through this year, but still unexpected things will still happen when we least expect them. It could be bitcoin price skyrocketing, or the massive price decline that’s beyond our control. So let’s just wait and see.

If you are not completely optimistic about Bitcoin prices this year, it means that the halving that is expected to occur this year will not be that special for you.
I think that 2024 will be a special year in terms of Bitcoin prices with the possibility of reaching $100K.
$80K is a price that is very close to being reached if I monitor the market situation from January to today, April 9, 2024.

It's not that I don't pay attention to decline because decline always occurs after there is an increase. For example, when the price touched $73K, a decline occurred but did not reach the price level below $60K.

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Quote from: Frankolala on April 04, 2024, 12:23:06 PM

This is hard to predict accurately, because we are talking about the future on a high volatile assest. Bitcoin price fluctuation will always make it impossible to have a proper guess of the price.

The price is at 67k as I am typing and the halving is very close, which after the halving in few months we would see the price pumping. Due to the approval of bitcoin ETF, I will go for a price speculation of 100k by the end of this year.

basically the prediction of Bitcoin is very okay to me, I know quite well that is the person is making assumption and sometimes our assumptions always be correct and sometimes to our assumptions does not go with the future price of Bitcoin but let me say that bitcoin prices on unpredictable from my own perspective, so I believe that the price always changes and it does not to go on one person's Direction based on it always fluctuate so we cannot decide now and say this is the exact price of Bitcoin in Next year or in next two years it is the future that determines what the price of Bitcoin will be depending the the gravity of the demand and the supply of that current time so I don't simply believe on some predictions made by people I compared with my own knowledge to believe what the future will yield

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Quote from: Ascended_Intellect on April 01, 2024, 04:24:55 AM

Hello Everyone,

I hope you are all well, i'll keep this short.

What is your educated guess relating to the end of year BTC price?

My personal assumption is 70K GBP (88K USD / 82K EURO), I may be pessimistic with my assumption but the risk management side of myself sees this as achievable.

In all honesty i'm unsure on the talk surrounding 79K GBP (100K USD / 92K EURO)

Congratulation! I'm fine hope you're fine too. By the end of 2024, I can predict a maximum of $90,000 in Bitcoin price predictions. I estimate that by the end of 2024, Bitcoin will be worth $90,000. We are currently in the pumping season and approaching the halving year I have made this assumption. In fact, even though I technically cannot make predictions, I have guessed with my best efforts and hope that I will be successful in my guesses.

erep

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Quote from: Franctoshi on April 06, 2024, 02:07:41 PM

Quote from: Republikcoin.com on April 06, 2024, 12:38:36 PM

Quote from: kentrolla on April 06, 2024, 09:58:29 AM

If Bitcoin hits $100k then there is no way it's coming back to 5 digits anytime sooner because we will see more investment pouring in it it crosses $100k because this has been a long awaited target for years but right now I feel it's accumulation period as there has been ups and downs in the market. I think how market behaves post halving will decide if it's possible this year or the following year.

Current market behavior still tends to stagnate in the $67K to $70K range so this also needs to be seen and understood well by everyone because the halving is also getting closer. The price of $100K is a fairly reasonable range for many people to say and hope for this year, but it is true as you said that we also need to see how the market conditions and behavior will be after the halving or before the halving like now. And currently the price decline that has occurred in Bitcoin is only a little from the highest price this year.

This cycle tends to be very different from other previous cycles we have had, we never had Bitcoin break its ATH before the Halving, and currently we the price consolidating within that range, which looks good, I kind figure out this is being the growing institutional interest due Bitcoin ETFs ,I'm much optimistic about the Bitcoin price smashing the 100k price rang at the end of 2024.

We have never seen the current market cycle because never before has bitcoin been able to reach a new ATH record before the halving, the bull market has reached the limit of expectations of all the predictors here because everyone did not realize that the price of $70k could be reached easily before the halving, so based on the current market scheme then I predicts the market price will close at $100k by the end of the year.

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Current price action looks good, currently hovering just under ATH from 2021. The block reward halving is in under two weeks, things are looking bullish. I am going to confidently predict the price will be over 90,000 USD but maybe under 100,000 USD possibly because of the psychological thing there. The blow off top & peak will be at some time during 2025.

Franctoshi

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Quote from: Republikcoin.com on April 06, 2024, 12:38:36 PM

Quote from: kentrolla on April 06, 2024, 09:58:29 AM

If Bitcoin hits $100k then there is no way it's coming back to 5 digits anytime sooner because we will see more investment pouring in it it crosses $100k because this has been a long awaited target for years but right now I feel it's accumulation period as there has been ups and downs in the market. I think how market behaves post halving will decide if it's possible this year or the following year.

Current market behavior still tends to stagnate in the $67K to $70K range so this also needs to be seen and understood well by everyone because the halving is also getting closer. The price of $100K is a fairly reasonable range for many people to say and hope for this year, but it is true as you said that we also need to see how the market conditions and behavior will be after the halving or before the halving like now. And currently the price decline that has occurred in Bitcoin is only a little from the highest price this year.

This cycle tends to be very different from other previous cycles we have had, we never had Bitcoin break its ATH before the Halving, and currently we the price consolidating within that range, which looks good, I kind figure out this is being the growing institutional interest due Bitcoin ETFs ,I'm much optimistic about the Bitcoin price smashing the 100k price rang at the end of 2024.

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Quote from: Republikcoin.com on April 06, 2024, 12:38:36 PM

Quote from: kentrolla on April 06, 2024, 09:58:29 AM

-snip-

Current market behavior still tends to stagnate in the $67K to $70K range so this also needs to be seen and understood well by everyone because the halving is also getting closer. The price of $100K is a fairly reasonable range for many people to say and hope for this year, but it is true as you said that we also need to see how the market conditions and behavior will be after the halving or before the halving like now. And currently the price decline that has occurred in Bitcoin is only a little from the highest price this year.

Some investors will continue to accumulate when market conditions are sideway like this - others will just wait for the next reaction before investing. Many investors will be cautious ahead of the halving - this is due to their belief in the possibility of FUD that could cause prices to correct further immediately after the halving. But this is not the right thread to discuss it.

OP - you know, it's always difficult to predict the price of bitcoin. We never know what the price of bitcoin will be at the end of the year - but you can predict it by analyzing prices and the behavior of traders and investors in the market. Halving could increase demand - that's because of FOMO, while prices can never be predicted with certainty even though there is a possibility of $100K by the end of 2024.

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Quote from: kentrolla on April 06, 2024, 09:58:29 AM

If Bitcoin hits $100k then there is no way it's coming back to 5 digits anytime sooner because we will see more investment pouring in it it crosses $100k because this has been a long awaited target for years but right now I feel it's accumulation period as there has been ups and downs in the market. I think how market behaves post halving will decide if it's possible this year or the following year.

Current market behavior still tends to stagnate in the $67K to $70K range so this also needs to be seen and understood well by everyone because the halving is also getting closer. The price of $100K is a fairly reasonable range for many people to say and hope for this year, but it is true as you said that we also need to see how the market conditions and behavior will be after the halving or before the halving like now. And currently the price decline that has occurred in Bitcoin is only a little from the highest price this year.

goaldigger

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There’s a lot if things to consider in order for you to have that kind of educated guess, like the Halving, the after effect of ETF approval and also the economic status and presidential result in other countries. To be safe, I’m place my prediction in the price of $70k, not too high and not too low from the peak which for me is more realistic. I’m still bullish though and hope for a better result, but then again there’s no guarantee for this.

kentrolla

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Quote from: Oasisman on April 06, 2024, 07:41:52 AM

Quote from: Ascended_Intellect on April 01, 2024, 04:24:55 AM

Your educated guess on BTC price at the end of 2024

I would consider $100k at the end of 2024 or early in 2025 first quarter, simply because bitcoin have already reached $70k+ and broke the ATH just before the actual bitcoin halving takes place. So, there is a huge potential for bitcoin to hit the 6 digit figure.
Also, a lot of investors are very optimistic for that figure for bitcoin to achieve this year in the post halving, just like every bullrun from the last 3 halvings.

If bitcoin wont hit 6 digit figure, at least it will reach near that, maybe around $90k.

If Bitcoin hits $100k then there is no way it's coming back to 5 digits anytime sooner because we will see more investment pouring in it it crosses $100k because this has been a long awaited target for years but right now I feel it's accumulation period as there has been ups and downs in the market. I think how market behaves post halving will decide if it's possible this year or the following year.

Oasisman

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Quote from: Ascended_Intellect on April 01, 2024, 04:24:55 AM

Your educated guess on BTC price at the end of 2024

I would consider $100k at the end of 2024 or early in 2025 first quarter, simply because bitcoin have already reached $70k+ and broke the ATH just before the actual bitcoin halving takes place. So, there is a huge potential for bitcoin to hit the 6 digit figure.
Also, a lot of investors are very optimistic for that figure for bitcoin to achieve this year in the post halving, just like every bullrun from the last 3 halvings.

If bitcoin wont hit 6 digit figure, at least it will reach near that, maybe around $90k.

btc_angela

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Quote from: Fundamentals Of on April 04, 2024, 08:30:54 PM

Quote from: rodskee on April 04, 2024, 12:24:09 AM

Quote from: AmoreJaz on April 02, 2024, 06:39:18 PM

Quote from: Fundamentals Of on April 01, 2024, 10:27:57 PM

My guess is also within the $80,000 range. It might be around $85,000. By the end of the year, it's already around 8 months after the halving. So I believe that's already a point when the effect of the reduced block reward is felt. The effect of the halving is gradual. That's why the ATH that usually follows after the halving will take at least a year. Since it is already 8 months after, the price must have already absorbed the halving. This will probably approach $100,000 in the first quarter of 2025, although it could also happen early, meaning within 2024 itself.

With such speculated price, people should think on how to invest in this market or how to accumulate more as the price is going to 65k level. That's a very good profit if in case, it will go up to 85k range. However, do make sure that you know your financial limits when it comes to holding as you'll never know what's gonna happen next on this very volatile market.

that 65k is still the price of bitcoin up to now and still no plans of growing more ATM .

by chance that in 15 days we will be having that halving here? if the price do not spike at 80k
after halving then I believe that we will not see that in the whole year.

Although it is possible, I am not expecting a spike towards $80,000. I am not expecting that it would be sudden and quick. I am expecting that it is gradual. And since the halving is happening within this month, there would still be 8 months left within the year. I don't believe that the price won't be able to reach $80,000 within those months however gradual the rise would be.

Don't mind too much the price right now. I think this is just a rest, a calm before the storm if you want. This is just a pause between growths. As we speak, the price has already climbed back to above $68,000.

Just to be fair, we have reach $73k as our new all time high, and fast approaching the halving, we might be at $66k-$67k, but at the end of 2024, there could be a huge jump in prices. I remember the last bull run wherein after months of the halving, we goes to $50k.

And then the next year we achieved $69k, so that might be the case here, we might see a huge spike at the last quarter of the year, $80k could be the median and then 2025, there will be a parabolic rise and we will finally see $100k at least.

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Quote from: Ascended_Intellect on April 01, 2024, 04:24:55 AM

My personal assumption is 70K GBP (88K USD / 82K EURO), I may be pessimistic with my assumption but the risk management side of myself sees this as achievable.

In all honesty i'm unsure on the talk surrounding 79K GBP (100K USD / 92K EURO)

That's too far to make a guess on. Bitcoin has already set a new all-time high earlier last month, and it's all set to break that record once there is a bit more buying pressure in the market and that is likely to happen once we go across the halving event occurring on the 19th of this month.

So, you can only expect Bitcoin to go as high as $88k by the end of 2024 if you think it isn't going to gain much momentum after the halving and we won't be able to see much growth afterward, because based on what has happened so far, Bitcoin should easily be able to set a target for the next cycle above $100k. It's pretty stagnant at around $70k at the moment, a bit of more pressure and it will break through and set a new all-time high once again before the halving.

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Quote from: rodskee on April 04, 2024, 12:24:09 AM

Quote from: AmoreJaz on April 02, 2024, 06:39:18 PM

Quote from: Fundamentals Of on April 01, 2024, 10:27:57 PM

My guess is also within the $80,000 range. It might be around $85,000. By the end of the year, it's already around 8 months after the halving. So I believe that's already a point when the effect of the reduced block reward is felt. The effect of the halving is gradual. That's why the ATH that usually follows after the halving will take at least a year. Since it is already 8 months after, the price must have already absorbed the halving. This will probably approach $100,000 in the first quarter of 2025, although it could also happen early, meaning within 2024 itself.

With such speculated price, people should think on how to invest in this market or how to accumulate more as the price is going to 65k level. That's a very good profit if in case, it will go up to 85k range. However, do make sure that you know your financial limits when it comes to holding as you'll never know what's gonna happen next on this very volatile market.

that 65k is still the price of bitcoin up to now and still no plans of growing more ATM .

by chance that in 15 days we will be having that halving here? if the price do not spike at 80k
after halving then I believe that we will not see that in the whole year.

Although it is possible, I am not expecting a spike towards $80,000. I am not expecting that it would be sudden and quick. I am expecting that it is gradual. And since the halving is happening within this month, there would still be 8 months left within the year. I don't believe that the price won't be able to reach $80,000 within those months however gradual the rise would be.

Don't mind too much the price right now. I think this is just a rest, a calm before the storm if you want. This is just a pause between growths. As we speak, the price has already climbed back to above $68,000.

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This is hard to predict accurately, because we are talking about the future on a high volatile assest. Bitcoin price fluctuation will always make it impossible to have a proper guess of the price.

The price is at 67k as I am typing and the halving is very close, which after the halving in few months we would see the price pumping. Due to the approval of bitcoin ETF, I will go for a price speculation of 100k by the end of this year.

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I keep changing mine, but I think 100k seems like a perfect place to start a new year, so I am going to stick with that one. I get that it may not be all that profitable or great to many people, but I feel like that is going to end up being better. This should be something that will take a while, and shouldn't be worrisome to many people but we should consider that as something that will take time.

I personally believe that if we could go beyond this halving period, there will be a silent period for a while, and nearing the end of the year, we are going to end up with 100k, or at least a bit of increase that is slowly taking us there. Should not be something that will take a lot of time neither, we could go up very quickly.

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Quote from: Ascended_Intellect on April 01, 2024, 04:24:55 AM

Hello Everyone,

I hope you are all well, i'll keep this short.

What is your educated guess relating to the end of year BTC price?

My personal assumption is 70K GBP (88K USD / 82K EURO), I may be pessimistic with my assumption but the risk management side of myself sees this as achievable.

In all honesty i'm unsure on the talk surrounding 79K GBP (100K USD / 92K EURO)

My prediction center on sighting the upcoming halving and the bull run I will say $100k-150k, it can still go beyond or below but don't want to speculate above this while holding and buying now, that's is the code for 2024 though is my speculation.

I can't have this kind of OP focast it may turn out to be poor speculation at the end. The investor can still move the market depends how they work together but it's not possible they will all works together for what favor you at the point of move may be loss to another but I am still confidence that $100k-150k can be easily achievable this year 2024

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With spot ETFs that have already bought more than 500 000 BTC and with the halving effect, I don't think it's too optimistic to speculate on at least $100 000 by the end of the year. Everyone has the right to their opinion, but I don't see any good reason (so far) in favor of the fact that by the end of this year the price will be only slightly higher than it is now.

A 50% price increase compared to the current price is quite possible if we don't have a black swan event, but given the crazy world we live in, anything is possible.

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Quote from: rodskee on April 04, 2024, 12:24:09 AM

Quote from: AmoreJaz on April 02, 2024, 06:39:18 PM

Quote from: Fundamentals Of on April 01, 2024, 10:27:57 PM

My guess is also within the $80,000 range. It might be around $85,000. By the end of the year, it's already around 8 months after the halving. So I believe that's already a point when the effect of the reduced block reward is felt. The effect of the halving is gradual. That's why the ATH that usually follows after the halving will take at least a year. Since it is already 8 months after, the price must have already absorbed the halving. This will probably approach $100,000 in the first quarter of 2025, although it could also happen early, meaning within 2024 itself.

With such speculated price, people should think on how to invest in this market or how to accumulate more as the price is going to 65k level. That's a very good profit if in case, it will go up to 85k range. However, do make sure that you know your financial limits when it comes to holding as you'll never know what's gonna happen next on this very volatile market.

that 65k is still the price of bitcoin up to now and still no plans of growing more ATM .

by chance that in 15 days we will be having that halving here? if the price do not spike at 80k
after halving then I believe that we will not see that in the whole year.

On what basis do you confirm that if bitcoin does not reach the $80k before and after the halving, we will not see it until the end of the year? Do you have any proof or are you just making a baseless guess? If it is an unfounded prediction then never be sure of anything and don't forget bitcoin is very unpredictable. Like bitcoin broke its ATH before the halving, did you have any predictions about that or were you also surprised at what bitcoin did? I think you're too pessimistic about bitcoin.

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Quote from: Ascended_Intellect on April 01, 2024, 04:24:55 AM

Hello Everyone,

I hope you are all well, i'll keep this short.

What is your educated guess relating to the end of year BTC price?

My personal assumption is 70K GBP (88K USD / 82K EURO), I may be pessimistic with my assumption but the risk management side of myself sees this as achievable.

In all honesty i'm unsure on the talk surrounding 79K GBP (100K USD / 92K EURO)

But at least don't close the door in expecting more than 100k in the first quarter of 2025 right?
when you said unsure then you also knew that everything is possible with bitcoin but in long term at least?

Quote from: AmoreJaz on April 02, 2024, 06:39:18 PM

Quote from: Fundamentals Of on April 01, 2024, 10:27:57 PM

My guess is also within the $80,000 range. It might be around $85,000. By the end of the year, it's already around 8 months after the halving. So I believe that's already a point when the effect of the reduced block reward is felt. The effect of the halving is gradual. That's why the ATH that usually follows after the halving will take at least a year. Since it is already 8 months after, the price must have already absorbed the halving. This will probably approach $100,000 in the first quarter of 2025, although it could also happen early, meaning within 2024 itself.

With such speculated price, people should think on how to invest in this market or how to accumulate more as the price is going to 65k level. That's a very good profit if in case, it will go up to 85k range. However, do make sure that you know your financial limits when it comes to holding as you'll never know what's gonna happen next on this very volatile market.

that 65k is still the price of bitcoin up to now and still no plans of growing more ATM .

by chance that in 15 days we will be having that halving here? if the price do not spike at 80k
after halving then I believe that we will not see that in the whole year.

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