Your educated guess on BTC price at the end of 2024 - page 2.

Fundamentals Of

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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.

The Bitcoin market remains highly unpredictable but we can still make general predictions. Although we don't have any assurance that the price would reach $85,000 for example, we can be confident that it will come. And if that comes, Bitcoin's $65,000 right now is indeed a low price to enter.

Especially now that is a halving year, we have reason to believe that the price would rise months following the halving. I'm confident that the pre-halving ATH at $73,000 which was reached just weeks ago isn't the ATH all throughout the year. There will be another one this year.

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

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

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

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.

Bitcoin can still surprise us with unexpected price skyrocketing, but at the same time it can also give us a price that will frustrate us. That’s how unpredictable bitcoin is, that it’s actually hard for us to tell as to how far this price will reach by the end of the year.

However, I will stick to a maximum of $100k. It can be impossible for some, but for people like who is highly enthusiastic, I believe bitcoin can definitely do it.

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Don't try to predict Bitcoin's peak and sell it afterward. Instead, have an investment plan that you're sure of and stick with it. Being too greedy can lead to missing out on high-priced sales opportunities that could potentially make a profit.

Relying too much on other people's opinions is a good thing, but it tends to leave you confused and indecisive. The reality is that no one can accurately predict the future price of Bitcoin. It's better to trust your own research

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

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.

My predictions would had been $70,000 before the surprise that Bitcoin pulled by passing the previous highest Bitcoin price before the halving happened therefore my prediction for the end of 2024 would be $100,000. If Bitcoin hasn't done what it did there won't be so much bullishness in the market but because of how promising Bitcoin is showing we should be expecting something big by the end of the year. Bitcoin price after the halving is going to be surprising to many individuals because they won't believe how high it's going to be. This bull market isn't going to be like other bull market because institutional investors are fully invested into the market. They're going to pump the market so big so they can also make profits.

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I think it depends on who will win the election. If trump wins then for sure it’ll be like $80K or something, especially since he is pro Bitcoin now. He has to be since he made all those millions by selling those Trump card NFTs.

And more importantly the stock market will pump if he wins. Usually his policies are bullish for the markets. If Biden wins then who knows what will happen. However when stocks go up, so will crypto since they are correlated together.

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I used to believe that Bitcoin may hardly touch $85k or more by the end of 2024, but now my beliefs are changed because I can see huge potential in the price of Bitcoin.

I believe that by the end of 2024, Bitcoin will be over $100k per coin. I'm sure that $100k is a good value but it can even cross that value if it gets more intensity.

In laymen terms, Bitcoin can reach and cross $90k value before November 2024, and in November-December it could potentially reach and cross $100k value.

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

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

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

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.

Being optimistic with the bitcoin price is still a good thing. If you think it would certainly rise into $80k above, then if bitcoin will gain more positive updates within the next 8 months, then most likely we will still witness a higher price than that, which makes it more possible with $100k.

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.

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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.

Quote from: khiholangkang on April 01, 2024, 12:08:31 PM

Quote from: Nrcewker on April 01, 2024, 04:42:27 AM

At the end of the day it’s just a guess. No matter how much study and research you do to make the guess, it’s impossible to predict accurately. I have been following bitcoins from many years. I have seen Bitcoins follow a 4 year cycle to reach ATH price. Now as the ATH price is achieved, hence some correction in the price is expected. Hence, I am assuming Bitcoins will lie in 65k usd range at the end of this beautiful year.

Just like what you said, in the end it will just be a guess, no matter what kind of analysis it will not prove its accuracy, because we will not know what the future will be like, the $65k figure you said is also just an assumption that you rounded up the calculation, right? and even that is not necessarily accurate because of the volatile nature of the price of bitcoin.
So there is no need to criticize other people's opinions if you do the same thing as what he did, everyone has the right to say whatever is on his mind and express it, right?

This is the good thing on this market. Everyone can speculate and act on what they think is of advantage to him. Even long-time holders or self-proclaimed experts are just predicting on what may possibly happen next. So if you think you have the upper hand, then decide on what to do with your portfolio. Because no one will do it for you.

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Quote from: Wexnident on April 01, 2024, 05:42:07 PM

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

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100k. Still more than half a year and I expect to see more positive impact on the market by the latter end, so 100k isn't that out of the picture imo. Well even if it didn't reach such an amount by then, I reckon it'd be somewhere close. Maybe at least 90k? I guess if we don't see 80k by say, October, then I'd safely assume that 100k might not be reachable. Either way I'm mostly in profit anyway, so at this point anything goes for me.

Well with all that aside it's all just predictions anyway, educated or not there's still a chance of it (or not) happening, so best not to expect much imo.

The possibility that it will increase before the halving period will not occur is certain because the trend is not visible. Perhaps at the start of the halving there will be a correction which will determine the next movement to be able to determine. If the correction is high enough, then it is certain that there will be a significant increase in the renewable ATH in 2025 .But by the end of 2024, I think it is reasonable to achieve the long-desired $100K before it forms a renewable ATH.
I agree with you, it's all just a prediction and, of course, it's hard to determine precisely. It's okay to hope, but don't make it too much of a reference to what will happen.

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Quote from: Mate2237 on April 01, 2024, 05:41:21 PM

88k USA dollar is a good prediction. Now bitcoin is moving around between $66k to $70k and it is before the halving so when the halving finally comes and bitcoin enter the final all time high then it will hit $100k. That is my prediction of bitcoin before the ending of this year. And the All Time High for this season will be $150k. Though everyone has their own prediction in the season but that is my prediction on it.

After the all time high of this season then it will still go back the the dip and the second quarter of 2025.

Will we still have bull and bear cycles like the previous ones? Things are becoming unpredictable and without any of the patterns we have seen in previous cycles. Bitcoin broke its ATH before the halving, bitcoin has gone a lot higher while many altcoins haven't even gone up yet, newbies haven't entered the market too much when bitcoin broke its ATH...What I see is that things are becoming very different and no one knows what will happen next.

I do not rule out the possibility that the bitcoin market will behave like the stock market and will increase and decrease alternately. There will no longer be a cycle of crazy price increases x3, x5 times and then a decline of up to 70%-80% like previous cycles.

Fundamentals Of

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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.

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

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100k. Still more than half a year and I expect to see more positive impact on the market by the latter end, so 100k isn't that out of the picture imo. Well even if it didn't reach such an amount by then, I reckon it'd be somewhere close. Maybe at least 90k? I guess if we don't see 80k by say, October, then I'd safely assume that 100k might not be reachable. Either way I'm mostly in profit anyway, so at this point anything goes for me.

Well with all that aside it's all just predictions anyway, educated or not there's still a chance of it (or not) happening, so best not to expect much imo.

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88k USA dollar is a good prediction. Now bitcoin is moving around between $66k to $70k and it is before the halving so when the halving finally comes and bitcoin enter the final all time high then it will hit $100k. That is my prediction of bitcoin before the ending of this year. And the All Time High for this season will be $150k. Though everyone has their own prediction in the season but that is my prediction on it.

After the all time high of this season then it will still go back the the dip and the second quarter of 2025.

alankasman

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

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

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.

JoyMarsha

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

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

Based on what will happen soon(halving season) in April, which is the second quarter of the year and what the history of bitcoin halving has made us to believe that after the halving season, in months time bitcoin skyrockets in price than expected. However, making an assumption from that, I can clearly state that bitcoin can reach at a price above $100k before the end of year since there are many months(7 months) Bitcoin can go in price after the halving season.

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

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

Last Bitcoin halving event in 2020, Bitcoin's price was at below $10,000 before the halving event happened, and at the end of that year, Bitcoin's price ended at around ~$28,000.
I'm not saying that it will happen again this time, but just basing on history the year where the halving event happens is usually a great year because price of Bitcoin tends to go up.

I believe that the price of Bitcoin at the day of the Bitcoin halving event will be at around $65,000-$70,000, and I expect Bitcoin to be above $100,000 by the end of the year. Kind of optimistic prediction yes, but with how optimistic other investors are, I think that there's a chance that it might reach 6-digit at least at the end of the year.

Well, like what others said, it's only a prediction, but I just hope that you will secure your profits during the bull run, and let's end it with huge profits before the bear market happens again.

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Quote from: deathcode on April 01, 2024, 09:32:08 AM

I'm not really sure if major improvements will occur before next year. but for the end of the year maybe Bitcoin can again make a gradual pump to $75k-85k.
another situation might see Bitcoin stabilize at $70k. I know some people have high hopes for the halving that will happen soon. but this may not match our expectations when the price will not pump up quickly.

Speculating Bitcoin price is a hard job to do and for that we may be wrong in any of our predictions to that point I think I will say that we may have a long period of corrections and to that effects Bitcoin will make some mid and weak price uptrends just like what we have right now, where Bitcoin have radiated around 71,000 + and between 66k to 68k range corrections to play along the lines.

Many times we stand to fail in our predictions and analysis of the true outcome of the price of Bitcoin in the long term, and making other extra efforts to remain in the Middle of things untill we achieve the end of the year 2024, but definitely we have seen the bull run already.

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Quote from: Nrcewker on April 01, 2024, 04:42:27 AM

At the end of the day it’s just a guess. No matter how much study and research you do to make the guess, it’s impossible to predict accurately. I have been following bitcoins from many years. I have seen Bitcoins follow a 4 year cycle to reach ATH price. Now as the ATH price is achieved, hence some correction in the price is expected. Hence, I am assuming Bitcoins will lie in 65k usd range at the end of this beautiful year.

Just like what you said, in the end it will just be a guess, no matter what kind of analysis it will not prove its accuracy, because we will not know what the future will be like, the $65k figure you said is also just an assumption that you rounded up the calculation, right? and even that is not necessarily accurate because of the volatile nature of the price of bitcoin.
So there is no need to criticize other people's opinions if you do the same thing as what he did, everyone has the right to say whatever is on his mind and express it, right?

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Quote from: Nrcewker on April 01, 2024, 04:42:27 AM

At the end of the day it’s just a guess. No matter how much study and research you do to make the guess, it’s impossible to predict accurately. I have been following bitcoins from many years. I have seen Bitcoins follow a 4 year cycle to reach ATH price. Now as the ATH price is achieved, hence some correction in the price is expected. Hence, I am assuming Bitcoins will lie in 65k usd range at the end of this beautiful year.

My guess is more than that. I think bitcoin will end at its price around $75k to $80k but I’m still hopeful that it might somehow achieve $100k. However, if bitcoin will face some negative news in the market after bull run, then the possibility to drop again its price is really high. But whatever it is, bitcoin will still move on its own way and will progress gradually on its own.

Predicting is never hard but making an educated guess or let’s say an almost correct prediction is never easy at all. In fact, no one can predict the price of bitcoin correctly since all we have right now are just pure speculations and predictions.

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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)

If we can be having up to $73,000 before the halving, this means that we can achieve the remaining little gap to close up to $80,000 before the halving within the early days of this month of April, while waiting to achieve up to $100,000 before the end of the year, this is my own assumption and how i see the bitcoin market going, while b next year, we are likely to go high to the extent of having $150,000 or more, many would have given their own prediction regarding this, but we also have to consider the past and the present market speculation and see if all we have said are possible or not at each stipulated time to achieve.

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