Topic: Your educated guess on BTC price at the end of 2024 - page 3. (Read 511 times)

Despite how encouraging the price of Bitcoin is at this time, it doesn't make to actually know the exact price bitcoin at the end of this year, bitcoin is a volatile asset, the price is unpredictable no matter how speculative the market may be, it can never be predictable, yes we are encouraged by the upward movement of this digital asset and we are still waiting some event to take place but all this things cannot guarantee an accurate price of bitcoin this year, the encouraging price of bitcoin has made it almost impossible for some bitcoiners that does not understand the system to think that it will continue to flourish in the without price but they have forgotten that there is bearish market which is inevitable, so for me I can't tell the price in which Bitcoin will close at this year.

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.

Somewhere playing in between $70k-$80k. At least that's a very safe prediction for the price of Bitcoin for this year.

That's a pessimistic approach and assumption of yours? I don't think that's even a negative prediction that you have.

For this year, that can be 50/50. But if we'd be basing to the pattern in the past then it's possible, could be this year or by 2025.

obvious that the price of Bitcoin cannot be determined by assumption that is why many people today who predict the price of Bitcoin some of them got it wrong because the price of Bitcoin is not constant since I've known what is BTC the price of always fluctuates and you come predict the particular price ratio now it happened that bitcoin might fall beyond that you are expectation or prediction, so rising of Bitcoin and the falling of Bitcoin is not measurable and you cannot depend on it as a crypto investor to purchase a Bitcoin you can go into your investment of Bitcoin through what you see and also what you understand through the chat on Bitcoin.

your pond is exactly my scenario because bitcoin price is not measurable and is your unpredictable for now to conclude what the price of Bitcoin will reach or be before the ending of the year or by the ending of the year, anything we are saying concerning that is a speculation and the also a prediction that can fail tomorrow because it is obvious that price of Bitcoin mighty go below the current price of Bitcoin so therefore we have to not have an exact prediction of Bitcoin because the price interchanges... for the aspect of the board I believe that speculation is the well suited for this thread to be discussed.

two things are involved in this prediction nobody believe that the price of Bitcoin might fall when the price was going up, but but it later decreases to the extent that some people who is a newcomer in cryptocurrency especially Bitcoin was bias and feel disappointed when the price drop from seventy three thousand to fifty something thousand  [73k/55k there about] so it may be that the price will it decrease and they will not get to our expectation price we think that the price of Bitcoin will be by the end of this year.

there is every possibility that the price of Bitcoin might the end up with the such price you said, like exactly sixty-five thousand [65k] before the ending or by the ending of the year, but the thing is that the price of bitcoin is unpredictable and I believe that its the market and investors that sometimes influence the price of bitcoin...some people will because of the green colouration of bitcoin in the market and hope that the price will continue to increase.

My prediction is also $100k by the end of the year but that is not the highest price of bitcoin this bull season. I believe we will have higher prices by 2025 and maybe bitcoin will reach $190k-200k$ when the bull season ends. But you need to remember that a prediction is just a prediction and it may or may not happen, so monitor the market daily to be able to change and make more appropriate decisions. Bitcoin is a long-term investment, you should aim further than just setting a goal for this year and selling it all.

I can see 120k-150k usd being hit by bitcoin but it might not happen this year (although, I will be very happy to be corrected  )

There is a huge chance that bitcoin reaches 100k usd this year and with how the price is moving it is almost a sure thing to happen. However with bitcoin’s volatility, we can still expect some unexpected. Maybe we can close this year at 95k to 110k usd.

I agree that the thread should be moved to Speculation.
The price literally on December 31 is unpredictable. The bull market hit early this year, so maybe we'll be back to the bear market by the end of 2024, and the price can easily be around $60k, for example. A more interesting question to me is the ATH of 2024, whenever it happens. I think we can expect $100k, maybe $120k. It's a modest increase actually, below 2x from the previous ATH. But since the market is already so big, it's a very significant addition to market capitalization anyway.

Don't try to predict what the highest bitcoin price will be and don't be too greedy when we want to sell at the highest price. I mean if you already have your predictions and investment plans, you just need to follow what you set out to do, don't listen to others too much. That's not entirely bad, but I think if we consult too much with others' opinions, we will be swayed and easily change our plans. Meanwhile, there is no guarantee that everyone's prediction is correct, so stick to the goal you set and stick to it, and you will be successful with your investment.

I will be waiting for this post in the Speculation board where it belong but for my input, I don't think we still have to doubt if $100k is achievable before the end of 2024 because it is just around the corner. Sincerely, I am looking at Bitcoin price beyond $100k already with targets at $150k which is understandable and achievable. The combined effect of the halving and the ETF is just enough to make it come through.

When Bitcoin reaches $100k, I know there will be increased sell pressure from people who might have been afraid that it has peaked and will not want to lose the profits they have made so far. Those who bought pre-ETF will be the major proponents of this idea but if they see that price has continued to rise with momentum above $100k, many of them will have a change of mind.

So, my guess is that Bitcoin is going to $150k. This will be the feasible destination when the $100k target is reached. However, these are just predictions which can either happen or not. It is therefore necessary to set targets that we will be comfortable to work with.

The end of the year is still many months away, and bitcoin is famous for its crazy ups and downs. Now, the talk of 79k GBP (100k USD) - that's definitely on the optimistic side, but not impossible! Historically, we usually have a cyclical bull run about every four years, which occurs in the months after each halving and peaks in the year after the halving. If I had to speculate, I expect that by the end of the year we could trend towards (or  potentially reach) the $100k mark, especially if this bull run continues as predicted.  But of course, nothing is guaranteed. External factors can always disrupt the market.

Lots of unexpected things have happened this year regarding bitcoin’s price. No one expected for bitcoin to reach a new ath just right before halving so now it’s harder to predict closer to accuracy but I would bet it would be around 88k USD to 93k USD as well.


I have no doubts that bitcoin will at least touch that mark but it will most likely go down just after. Maybe after halving or around september-november we can see such price movement.

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.

The proper place to discuss this is the speculation board, I see you are new, so I will give you a link to it so you see similar discussion about people’s speculations on what the value of bitcoins will become.

https://bitcointalk.org/index.php?board=57.0

Also, there is no level of educated guess that can give an accurate prediction on the value of bitcoins by the years end, no one knows and any figure given is just a mere prediction.