Bitcoin Forum

Economy => Speculation => Topic started by: avikz on April 25, 2023, 05:24:50 AM



Title: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: avikz on April 25, 2023, 05:24:50 AM
We have read many similar predictions by many market analysts and so-called Bitcoin enthusiasts about the bright future of Bitcoin. This is not surprising and this post is not a speculation post. What is surprising is that such kind of optimistic predictions is coming from one of the banking majors. The current banking turmoil has helped Bitcoin to win the trust of the people.

Read here: https://www.reuters.com/technology/bitcoin-could-hit-100000-by-end-2024-standard-chartered-says-2023-04-24/

Not all battles are fought on the battleground. Some are fought silently and patiently and time decides the winner. We are surely on the winning path!

Thoughts?


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Plaguedeath on April 25, 2023, 05:58:07 AM
Not surprised because the rumor of Bitcoin will reach $100K is nothing new and Standard Chartered bank headquartered is operated in London, so it's a part of United Kingdom where they're friendly with Bitcoin.

UK have their own centralized exchange e.g. CEX.io and the business in UK can accept Bitcoin payment, even though Bitcoin isn't a legal tender on their regions. It's not like in other regions where business aren't allowed to accept Bitcoin payment.

Is Bitcoin legal in the United Kingdom?
No specific regulations govern trading and investment in Bitcoin. However, United Kingdom residents can transact using Bitcoin.

Unlike El Salvador, which considers Bitcoin (BTC) to be a legal tender, cryptocurrencies are not treated as currency in the United Kingdom. Instead, HM Revenue & Customs (HMRC) categorized cryptocurrencies as digital or crypto assets, which may be liable to capital gains tax or income tax, depending on the circumstances.

One can trade BTC via cryptocurrency exchanges such as U.K.-based CEX.io or globally based Coinbase or Binance or through brokers like eToro. However, to register a cryptocurrency exchange in the U.K., the financial conduct authority (FCA) requires the business to establish a legal entity, get a registered office address, open a business bank account and register for taxation. After this, they will need to obtain a crypto exchange license by filling out an application form accessible on the FCA’s website and paying a registration fee.

So, can U.K.-based businesses accept Bitcoin? Yes, businesses can accept Bitcoin payments in the U.K. directly or indirectly via gift cards. However, it depends upon the customer base if they want to pay in crypto or fiat currencies.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Ozero on April 25, 2023, 06:04:05 AM
The global economy is now going through difficult times, and it is not yet +clear when they will end, and therefore, against this background, the cryptocurrency has good opportunities for rapid growth. So far, it’s even a little strange that the crypto-winter has dragged on for so long. If the price of bitcoin recently rose to 68 thousand dollars, then with the next wave of growth it is quite possible that it will reach one hundred thousand dollars. It's only a matter of time. At the same time, the probability and possibility of growth does not mean that it will happen in some named time frame.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: mk4 on April 25, 2023, 06:37:21 AM
They keyword here is: could

bitcoin could hit $100,000
bitcoin could hit $10,000
bitcoin could hit $1,000,000
bitcoin could hit $100

Could just means that there's a (albeit non-zero) possibility — not necessarily that it will happen.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Lorence.xD on April 25, 2023, 06:44:06 AM
They keyword here is: could

bitcoin could hit $100,000
bitcoin could hit $10,000
bitcoin could hit $1,000,000
bitcoin could hit $100

Could just means that there's a (albeit non-zero) possibility — not necessarily that it will happen.

Exactly, there's still no guarantee that Bitcoin "could" reach that certain amount. Predictions is free but sometimes people like newbie took it seriously that they invest a lot not knowing that's not so sure. Just do your own research and own analysis for you to have proper decisions in your calls.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: serveria.com on April 25, 2023, 07:02:24 AM
We have read many similar predictions by many market analysts and so-called Bitcoin enthusiasts about the bright future of Bitcoin. This is not surprising and this post is not a speculation post. What is surprising is that such kind of optimistic predictions is coming from one of the banking majors. The current banking turmoil has helped Bitcoin to win the trust of the people.

Read here: https://www.reuters.com/technology/bitcoin-could-hit-100000-by-end-2024-standard-chartered-says-2023-04-24/

Not all battles are fought on the battleground. Some are fought silently and patiently and time decides the winner. We are surely on the winning path!

Thoughts?


It's a very conservative forecast. Current ATH is around $70k and we'll likely reach (and exceed) it next year. If we take a look back at previous cycles, ATH had been broken in the third year of the cycle. Last time we went from ~$20k to ~$70k so something like x3.5 increase. At the same time, many bitcoiners agree that the previous ATH was ruined by some political and economic events and growth was stopped prematurely, so we can as well exceed x3.5 and shoot to like x5-x6, so $70k x 5 = $350k. So there's a good chance at least $200k will be reached next year. For sure, these are just speculations... 8)


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: crwth on April 25, 2023, 07:03:38 AM
I found it amazing that major banking is also hyping Bitcoin and seeing that prediction makes me feel like I'm doing the right decision to obtain more and more of BTC. I hope that everyone would be able to go along and see the real value of BTC and increase the chances of reaching it earlier.

I'm curious as to "What changed?" or Why do the major banks predict this kind of thing?


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: mk4 on April 25, 2023, 07:13:44 AM
I found it amazing that major banking is also hyping Bitcoin and seeing that prediction makes me feel like I'm doing the right decision to obtain more and more of BTC. I hope that everyone would be able to go along and see the real value of BTC and increase the chances of reaching it earlier.

I'm curious as to "What changed?" or Why do the major banks predict this kind of thing?

Nothing. Nothing changed. People from certain banks or any financial service (or just people with some influence in general) just likes to flip flop their opinions on Bitcoin/crypto depending on their agenda or just because they want their names to appear on news sites.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: bitterguy28 on April 25, 2023, 07:57:29 AM

Not all battles are fought on the battleground. Some are fought silently and patiently and time decides the winner. We are surely on the winning path!

Thoughts?

Bitcoin revolution happens in silence mate and indeed you are correct , it may take long time but
in the end we will be in the winning line.
how much we can keep and how long we can wait? that is the only thing we need to answer and happen.
100k in 2024?or even in 2025?
not just to wait till 2030 before this happen because that is far from the cycle.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Lucius on April 25, 2023, 09:52:16 AM
What is surprising is that such kind of optimistic predictions is coming from one of the banking majors. The current banking turmoil has helped Bitcoin to win the trust of the people.

That bank means nothing to me, and I believe that 99% of the users of this forum have never heard of it - so I wonder who even cares what banks think, no matter what they are called? As for the trust you are talking about, it is far from the fact that it happened and it cannot happen overnight as some think, because trust is built over decades. This is the reason why 98% of people still trust banks more than Bitcoin.

Not all battles are fought on the battleground. Some are fought silently and patiently and time decides the winner. We are surely on the winning path!

That makes more sense, but all those who live in some kind of belief that Bitcoin should (or can) beat the banks are not thinking rationally at all. Banks are the most powerful institutions in the world and if they really want to, they can do terrible damage to Bitcoin, because most people still use those same banks to buy/sell Bitcoin, regardless of whether it's CEX or DEX.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Cryptomiles1 on April 25, 2023, 12:31:16 PM
They keyword here is: could

bitcoin could hit $100,000
bitcoin could hit $10,000
bitcoin could hit $1,000,000
bitcoin could hit $100

Could just means that there's a (albeit non-zero) possibility — not necessarily that it will happen.

All these statement here are "possibility statement" which are not "True" and even if is true how certain are they by saying " ". Hence is a "biconditional statement" where the predictor or speculator are not yet fully convinced it will happen how they said but are still having thought or thinking it could be but not sure (false), it can only be true with the two results are said to be "T" (outcome).
As an investors I think they are only trying to be optimistic about the future of bitcoin.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: LFC_Bitcoin on April 25, 2023, 12:40:24 PM
$100,000 really isn’t that far fetched by the end of 2024. The halving is earlier in 2024 and we all know what happens a short while after that. Standard Chartered are a huge organisation, more and more big banks/corps are starting to open their eyes to the possibility that bitcoin will have a part to play in the future of finance. It totally makes sense for them to be open minded.

$100,000 is’t even a x 2 on the previous cycle high so it is very likely, if not in 2024 then definitely by the end of 2025.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Nrcewker on April 25, 2023, 12:47:51 PM
Listen the only major factor that can affect the price of the Bitcoin is “demand”. The demand to acquire Bitcoins can only lead to high price of these Bitcoins. Bitcoins are limited in number that is, no more Bitcoins can be created or destroyed, hence the coins are very rare and valuable. So if the demand to accumulate these coins increases, due to the fixed amount of supply, the price will automatically go up. So 100k is surely possible before the end of 2024, I am predicting that Bitcoins will break ATH and will settle in 80k usd by the end of this year.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: OgNasty on April 25, 2023, 02:04:21 PM
I don’t think we’re going to hit $100K this year. There are a lot of BTC hitting the market this year and then the halfining is next year. I think it’s much more likely that the market zooms passed $100K sometime after the halfining. Maybe the end of next year. I don’t think it will stop at $100K though. 2025 will likely bring us fireworks as the price goes beyond anyone’s rational predictions.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: coolcoinz on April 25, 2023, 04:56:39 PM
Not surprised because the rumor of Bitcoin will reach $100K is nothing new and Standard Chartered bank headquartered is operated in London, so it's a part of United Kingdom where they're friendly with Bitcoin.

That said, the bank isn't a holder of bitcoin, so it can be called an impartial analysis, unlike the ones made by well known bitcoiners like Max Keiser, or bitcoin analysts like PlanB.
These predictions made by banks are taken more seriously by people from outside the bitcoin ecosystem and we could use some billionaires to become interested in this. I'm not saying they have to buy right now, but bitcoin isn't as popular as it could be because many people think it to be too complex and time consuming to learn, so they stick with what they know.

SC prediction is based on the last cycle and you can see it by the way they take into account a possibility of a sudden crash to 5k, which is based on analysing the 2019-2020 data model where we had this sudden drop to 3k. Black swan events like the covid crash aren't something that repeats periodically, so I wouldn't count on it.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: famososMuertos on April 25, 2023, 08:54:39 PM
Quote
I think There is a tendency to use the adjective of "6 figures" is more viable to the reality of hit the 100k  :).

The long term is without a doubt the best ally of bitcoin always, so setting 2024 as the goal of the mythical "6 figures" having the Halving behind a few months after it happened is undoubtedly a good sign.  At least to get the base that you mention $100,000.

He created that 2025 is the year in which we will have the final destination to exceed the mythical figure of 6 figures.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Captain Corporate on April 25, 2023, 09:20:28 PM
The best thing to do in this case is to just hope that they are right but have a backup plan in case they are wrong as well. I agree that it looks likely and its not really a shocker, but I feel like 2025 would be a lot better as well and shouldn't really be an unexpected price at that point neither. Obviously its not going to be simple, like we are not going to end up waking up one morning and it will be 100k or something like that. I think it is going to be a big bull run for that to happen and in order for that to happen it will take months of increases and small decreases in there as well and that's the issue. I feel like we are going to end up with something that is much bigger for a while, but that's not going to happen right away, it will take a while and should be alright in the end, whenever it happens.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: hatshepsut93 on April 25, 2023, 09:55:37 PM
What is surprising is that such kind of optimistic predictions is coming from one of the banking majors.


To me it's not surprising, there has always been bullish bankers, and not only bankers but economists, millionaires, big investors and so on. Bitcoin is not the enemy of banks, people are not abandoning banks for Bitcoin, those who use Bitcoin also keep using banks. Banks can even benefit from it by offering Bitcoin-related services, like custody or convertation.

$100k is around 50% higher than the peak of the last bull market, that would be a very modest result, considering that the previous cycle had the peak price grow by 3.5 times.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: AmoreJaz on April 25, 2023, 09:59:09 PM
What is surprising is that such kind of optimistic predictions is coming from one of the banking majors.


To me it's not surprising, there has always been bullish bankers, and not only bankers but economists, millionaires, big investors and so on. Bitcoin is not the enemy of banks, people are not abandoning banks for Bitcoin, those who use Bitcoin also keep using banks. Banks can even benefit from it by offering Bitcoin-related services, like custody or convertation.

$100k is around 50% higher than the peak of the last bull market, that would be a very modest result, considering that the previous cycle had the peak price grow by 3.5 times.

or maybe, some bankers are bullish because they are into this market, and they quite understand the potential of this market. they are also seeing positive as the adoption alone can give them hints where this market is heading to.
at any rate, anyone can speculate about the future of btc, but not everyone is doing their action to hold this coin for long-term purposes. so for me, it doesn't matter whether it will reach a new ATH or not, it is how the people are reacting on the current market to be prepared for what's imminent.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: GigaBit on April 25, 2023, 10:35:06 PM
Global conditions have prolonged Bitcoin's bearishness but gradually that situation has normalized. Investors' confidence has started to return again which has led to a major shift in market dynamics. Although no bullish movement was seen in the market, almost everyone knows that the market will be bullish in the future. While some predict 1 million about Bitcoin, there is a very reasonable prediction of $100k target which is very likely to happen. When someone high ranked officials in the financial sector is able to make such a prediction, it assure that it will happen. Moreover, Bitcoin started to become bullish a few days ago when there was a crisis of confidence in the US banking sector. As a result, it can be safely assumed that people's confidence in Bitcoin will continue to increase in the coming days and may reach new all-time high shortly.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Yaunfitda on April 26, 2023, 10:08:20 AM
I think everyone is on the same boat as far as bitcoin hitting that 6 digits in the future. We do failed that prediction though in 2021, when everyone thought that $100k will be the big price because some bitcoin price modelling made famous by someone.

Nevertheless, I will say  that it is more doable in the next bull run than the previous. We've seen $69k as our last all time high. So the expectation is that we will surpassed in in 2024-2025 with a conservative estimates of $100k. So it's just a matter of time for us. And we should all be prepared and ready and stack sats already.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: aioc on April 26, 2023, 02:55:35 PM
How I wish, but the same article you posted also mentioned

https://www.reuters.com/technology/bitcoin-could-hit-100000-by-end-2024-standard-chartered-says-2023-04-24/
Quote
Predictions of sky-high valuations have been commonplace during bitcoin's past rallies. A Citi analyst said in November 2020 that bitcoin could climb as high as $318,000 by the end of 2022. It closed last year down about 65% at $16,500.

I don't want to be in a delusional state to thinking that it will hit 6 digits in just a short period of time, I prefer a modest prediction, not one that thinks that it will skyrocket, although in the back of my mind, I wish it could happen but its better to spread FOMO than to spread FUD.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: el kaka22 on April 26, 2023, 06:24:51 PM
I honestly think that it is a true assessment as well, it looks like that could be true. I am not saying that this will happen, but it is definitely a good possibility as well. There are some guesses and predictions that are unrealistic, like some say it will be a million dollars in 2023 for example, and that is too much, I do not think that it would happen, but this one is not like that.

This one is 2024 and not like start, it says end of 2024 as well, so we have like 19-20 months left for that as well, so that means we could reach 100k, which is only 3x in the next 1.5+ years, and that could happen. There is also halving as well so I think that could potentially happen as well, I do not think that it would be that wrong. Hopefully we will see it do a lot better and could reach even above that, but 100k sounds reasonable.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: dunfida on April 26, 2023, 07:59:05 PM
We have read many similar predictions by many market analysts and so-called Bitcoin enthusiasts about the bright future of Bitcoin. This is not surprising and this post is not a speculation post. What is surprising is that such kind of optimistic predictions is coming from one of the banking majors. The current banking turmoil has helped Bitcoin to win the trust of the people.

Read here: https://www.reuters.com/technology/bitcoin-could-hit-100000-by-end-2024-standard-chartered-says-2023-04-24/

Not all battles are fought on the battleground. Some are fought silently and patiently and time decides the winner. We are surely on the winning path!

Thoughts?

We are really bound into this path on which even though it might really be happening that too fast but surely we would really be heading there.We've seen on how Bitcoin or crypto space do really able to get that recognition despite of all the negatives that circles around. It is really just whenever we do read up some price prediction and approach and saying off with some dates then its better not to take it seriously.
Instead its better to make decisions on your own and would really be still following your own call and analysis but its really good to see that they are already considering on how this market
do really get that consideration and recognition.

2024 is a considerable date since we are really that on post-halving state on that time, we know that bull run could happen whichever with those months and if we do base up in history then it could
really be that happening on that time too. We should also bare up into our minds that 100k isnt really just the finishing point or roof that we do might able to break and we might
be seeing more higher number but of course dont raise up your hopes that much because not anything in our mind and belief could really happen.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: JoyMarsha on April 26, 2023, 10:32:56 PM
Regardless of how you look at it, anyone who predicts something that hasn't happened yet is considered to be speculating.
This is still one of the articles I've been reading for a while that predicts that bitcoin will reach $100k soon enough, but it won't happen as predicted.
$100k bitcoin will be possible someday (not this year I think) maybe probably during the bull run. Not certain anyway
The best and only thing we can do is to keep buying Bitcoin in the hopes that it will reach another all-time high by next year.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: lionheart78 on April 26, 2023, 11:48:14 PM
We have read many similar predictions by many market analysts and so-called Bitcoin enthusiasts about the bright future of Bitcoin. This is not surprising and this post is not a speculation post. What is surprising is that such kind of optimistic predictions is coming from one of the banking majors. The current banking turmoil has helped Bitcoin to win the trust of the people.

Read here: https://www.reuters.com/technology/bitcoin-could-hit-100000-by-end-2024-standard-chartered-says-2023-04-24/

Not all battles are fought on the battleground. Some are fought silently and patiently and time decides the winner. We are surely on the winning path!

Thoughts?


It is not surprising to see people who are too optimistic in giving their predictions.  Actually this prediction is somehow reserved, others even stated that Bitcoin will reach $1m in 90 days  others predicts Bitcoin will be in $500k and many more.

I honestly think that it is a true assessment as well, it looks like that could be true. I am not saying that this will happen, but it is definitely a good possibility as well. There are some guesses and predictions that are unrealistic, like some say it will be a million dollars in 2023 for example, and that is too much, I do not think that it would happen, but this one is not like that.

This one is 2024 and not like start, it says end of 2024 as well, so we have like 19-20 months left for that as well, so that means we could reach 100k, which is only 3x in the next 1.5+ years, and that could happen. There is also halving as well so I think that could potentially happen as well, I do not think that it would be that wrong. Hopefully we will see it do a lot better and could reach even above that, but 100k sounds reasonable.

I agree since the prediction is stated in an event where the market is possibly already in a bull run.  the halving event is done, the Bitcoin block reward is halved, and the market trend is possibly on its way to breaking the ATH so I also think that the prediction have some weight on it.  Still, it is considered speculation because there is still no solid ground for that price to happen. 


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: wxa7115 on April 27, 2023, 04:38:28 AM
Regardless of how you look at it, anyone who predicts something that hasn't happened yet is considered to be speculating.
This is still one of the articles I've been reading for a while that predicts that bitcoin will reach $100k soon enough, but it won't happen as predicted.
$100k bitcoin will be possible someday (not this year I think) maybe probably during the bull run. Not certain anyway
The best and only thing we can do is to keep buying Bitcoin in the hopes that it will reach another all-time high by next year.

We know that 100k is almost a certainty as there is no way bitcoin cannot reach that price when so much money was printed out of thin air and the economy is probably not going to do well during the next years.

However the question is when this could happen? And while there are an enormous amount of theories about when this could take place, such information is only important if you are a trader trying to obtain fast profits, if you are an investor it does not really matter exactly when that happens, the only thing that matters is that you have a lot of bitcoin once it does.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Minecache on April 27, 2023, 09:52:14 AM
...

Thoughts?


If someone asks about my prediction, I'm thinking Q2 2025, not the end of 2024, we'll have a bull run, and bitcoin hit a new ATH. Based on what has happened in the past, the bull season will come a year after the halving rather than at the same time or within a few months of the halving. While the halving is still more than a year away, in my opinion, it is very difficult to achieve a new ATH by the end of 2024. I still believe in history repeating itself until there is new history.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: doomloop on April 27, 2023, 08:58:40 PM
I found it amazing that major banking is also hyping Bitcoin and seeing that prediction makes me feel like I'm doing the right decision to obtain more and more of BTC. I hope that everyone would be able to go along and see the real value of BTC and increase the chances of reaching it earlier.

I'm curious as to "What changed?" or Why do the major banks predict this kind of thing?
Nothing. Nothing changed. People from certain banks or any financial service (or just people with some influence in general) just likes to flip flop their opinions on Bitcoin/crypto depending on their agenda or just because they want their names to appear on news sites.
I thought of the same thing as well, Bitcoin has largely become the center of attraction for the globe, and a very large amount of people only get themselves involved and interested to gain the attention of the general public or to gain likes and interests of the people who like and use Bitcoin, it's just like a marketing technique.

A wise person would know that they can get free publicity if they make a controversial statement about Bitcoin, whether positive or negative, and one can easily use this thing only to benefit from the hype.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: justdimin on April 29, 2023, 06:50:25 AM
...

Thoughts?
If someone asks about my prediction, I'm thinking Q2 2025, not the end of 2024, we'll have a bull run, and bitcoin hit a new ATH. Based on what has happened in the past, the bull season will come a year after the halving rather than at the same time or within a few months of the halving. While the halving is still more than a year away, in my opinion, it is very difficult to achieve a new ATH by the end of 2024. I still believe in history repeating itself until there is new history.
I agree, I would say somewhere around q4 of 2025 is not unlikely neither, the only reason is that q3 is usually not a great period for increases, we haven't had any ATH during q3 mostly, it is either q2 or q4 that we have it.

So, I think it will be either q2 of 2025 or if it fails to reach those levels by that time, then it could be q4 of it as well. Remember that in 2021 we didn't had 69k levels up until q4, it was in q2 where we had 64k and that was a great moment but that was just an ordinary situation, then it ended up being a lot lower, under 30k yet again, and then it went to 69k levels in q4 as well. So maybe the similar thing will happen and maybe we will not see something much different in most cases so 2024 may not be enough at all.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: passwordnow on April 29, 2023, 06:55:29 AM
Isn't it that it adds some flames when it's the institutions that are selling something positive? Have you guys remembered when we're on the bullish days and then everyone is also bullish which it turns out that we're at the near end of the bull run during those days?
I don't know, I'm not just confident with these institutions keeps on giving that high predictions although I like it to be optimistic as I can be but whenever they're too bullish like it's unlikely at the current form of bitcoin, that gives me that scary thought.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Merit.s on April 29, 2023, 12:48:01 PM
It is possible that bitcoin will hit $100k by next year ending which will be after the halving. This year has been a good year for bitcoin and that is why you see that Chartered Bank has accepted the truth about bitcoin being a volatile asset with great opportunity to pump higher after the halving. The next bull run price at ATH will be a surprise to investors because they will be shocked with the amount it will hit. From my own speculation due to the recent turmoil in the banking system, more banks might still crash and investors will be left with no option than to invest in bitcoin. All these will skyrocket the price to $200k. The truth about bitcoin cannot be hidden anymore.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Minecache on April 29, 2023, 01:49:33 PM
...

Thoughts?
If someone asks about my prediction, I'm thinking Q2 2025, not the end of 2024, we'll have a bull run, and bitcoin hit a new ATH. Based on what has happened in the past, the bull season will come a year after the halving rather than at the same time or within a few months of the halving. While the halving is still more than a year away, in my opinion, it is very difficult to achieve a new ATH by the end of 2024. I still believe in history repeating itself until there is new history.
I agree, I would say somewhere around q4 of 2025 is not unlikely neither, the only reason is that q3 is usually not a great period for increases, we haven't had any ATH during q3 mostly, it is either q2 or q4 that we have it.

So, I think it will be either q2 of 2025 or if it fails to reach those levels by that time, then it could be q4 of it as well. Remember that in 2021 we didn't had 69k levels up until q4, it was in q2 where we had 64k and that was a great moment but that was just an ordinary situation, then it ended up being a lot lower, under 30k yet again, and then it went to 69k levels in q4 as well. So maybe the similar thing will happen and maybe we will not see something much different in most cases so 2024 may not be enough at all.


If I remember correctly, the ATH during the 2017 bull season also falls in October-November, so I will agree with your thoughts.

Although there is no certainty about this, my prediction is that 2025 will also be when the world economy enters a new phase of growth after the crisis period and also the best time for the market's explosive growth. I don't know what people think, but with the 4-year market cycle and the world economy entering a new phase, the next bull season will be the strongest one we have, IMO.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: coin-investor on April 29, 2023, 01:58:21 PM
It is possible that bitcoin will hit $100k by next year ending which will be after the halving. This year has been a good year for bitcoin and that is why you see that Chartered Bank has accepted the truth about bitcoin being a volatile asset with great opportunity to pump higher after the halving. The next bull run price at ATH will be a surprise to investors because they will be shocked with the amount it will hit. From my own speculation due to the recent turmoil in the banking system, more banks might still crash and investors will be left with no option than to invest in bitcoin. All these will skyrocket the price to $200k. The truth about bitcoin cannot be hidden anymore.

The prediction is realistic compared to the late McAfee's prediction, $100k is possible because 2024 is the year of the halving but I doubt it will hit that exact price if there are no more FUDS coming and adoption continues, we'll see 6 digits mark for Bitcoin, the only thing that keeps the price to move forward from the price we all been wanting is the too may hacking, scamming and FUD.
The market is highly volatile bad news and FUD will create a turnaround, so far Bitcoin is doing good, but I don't rule out the possibility of the government's continuous crackdown, there is news that they are eyeing Binance and this is bad if ever Authorities put Binance in a bad situation, the market and the community will suffer again.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: justdimin on April 29, 2023, 03:38:03 PM
I think everyone is on the same boat as far as bitcoin hitting that 6 digits in the future. We do failed that prediction though in 2021, when everyone thought that $100k will be the big price because some bitcoin price modelling made famous by someone.

Nevertheless, I will say  that it is more doable in the next bull run than the previous. We've seen $69k as our last all time high. So the expectation is that we will surpassed in in 2024-2025 with a conservative estimates of $100k. So it's just a matter of time for us. And we should all be prepared and ready and stack sats already.
I agree, last time around the bottom was at around under 4k levels, that is what we had in march 2020 if I am not wrong, and by the time it was April 2021 we had 64k, which is a proof that we have gone so much more than people assume, it was a great bull run for a whole year.

If we have a year like that then we are going to end up with much more than 100k, we failed last time because we had to come from 4k levels all the way there, but this time around we could end up with a much bigger increase over course of a period, it will make us profit like crazy. If we consider that 16k as our bottom, then we can say that it is going to be 100k+ easily, even if we have less increase than the 2021 one, it would still reach that 100k level and should be doing fine for sure.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: OgNasty on April 29, 2023, 06:01:09 PM
I don't think that we will hit $100K by the end of the year, but if we do I will likely be a seller.  I suspect we will see a steady increase (except the daily trading nonsense) as we head into the halving with a correction afterwards before loading up for the next run to a bubble top...  This means if we do see a crazy new ATH BEFORE the next halving in April of 2024, I will likely be a seller.  This is because I believe a new ATH should come after a correction happens after the halving (halfining).  I don't usually say to trade BTC, but if there were a time to trade it, it would be selling the top just before the halfining and then buy back the bottom once the sellers take profits.  This is the only acceptable trade to make over the next 2 years in my opinion. 


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: darkangel11 on April 29, 2023, 07:32:24 PM
I don't think that we will hit $100K by the end of the year, but if we do I will likely be a seller.  

They are talking about the end of 2024, not this year. I feel like 100k in 2023 is out of the equation.
Quote

I suspect we will see a steady increase (except the daily trading nonsense) as we head into the halving with a correction afterwards before loading up for the next run to a bubble top...  This means if we do see a crazy new ATH BEFORE the next halving in April of 2024, I will likely be a seller.  

I will be a seller at 100k, no matter when we achieve it. I'm not planning to dump my bitcoins, but not exchanging at least 10% would feel like a waste a this crucial level.
For legacy users who were there before we hit 1k USD, achieving 100k is an end game. I don't want more fiat, but I'm planning to buy a few things and have some fun to celebrate 100k.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Falconer on April 29, 2023, 07:58:45 PM
It is possible that bitcoin will hit $100k by next year ending which will be after the halving. This year has been a good year for bitcoin and that is why you see that Chartered Bank has accepted the truth about bitcoin being a volatile asset with great opportunity to pump higher after the halving. The next bull run price at ATH will be a surprise to investors because they will be shocked with the amount it will hit. From my own speculation due to the recent turmoil in the banking system, more banks might still crash and investors will be left with no option than to invest in bitcoin. All these will skyrocket the price to $200k. The truth about bitcoin cannot be hidden anymore.
I don't expect $100k to be hit easily this year even though bitcoin is likely very well backed by good fundamentals. A bigger bullish factor can hopefully help bitcoin to be very bullish so we can be hopeful about a new ATH, above $70k at least.

Of course we really hope that a lot of positive things can happen before the halving and after, so it's true that patience will be expected to pay off well in the future. I think we should just be prepared to buy more as long as bitcoin is under $30k, to me this is a good opportunity to accumulate it instead of just hoping bitcoin will hit new ATH this year.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: STT on April 29, 2023, 09:54:24 PM
They keyword here is: could

bitcoin could hit $100,000
bitcoin could hit $10,000
bitcoin could hit $1,000,000
bitcoin could hit $100


Of all those prices I'd argue 100 and 10k in 2024 are the least likely.  If BTC falls that much we either have hard currency ~ high interest rates circa 1981 Volcker FED or the blockchain failed in some way and so the price is likely to be non existent or tradable by that point.    1 mil seems unlikely and improbable and some would think impossible but the reason why you should have a definite bias to the upside is not crypto based reasoning but knowledge of dollars and the amount of debt payable.  This debt is only serviceable with a depreciating currency, if we do have a hard currency or deflationary environment the central banks would have considered themselves to have failed ie. a 1930's depression reoccurrence .
   Of course there is no absolute certainty but we do know for certain a large amount of debt with higher interest cost such as the US national treasury debt will require a greater amount payable then the entire tax revenue; you would have a superpower weaker then Greece so then that is not happening .   Its not essentially about BTC but more about what happened to most major currencies as they became long term weak, YEN might even cease to exist this is the background for your BTC predictions hence I do rule out $100.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: BitDane on April 29, 2023, 10:59:19 PM
They keyword here is: could

bitcoin could hit $100,000
bitcoin could hit $10,000
bitcoin could hit $1,000,000
bitcoin could hit $100

Could just means that there's a (albeit non-zero) possibility — not necessarily that it will happen.

All these statement here are "possibility statement" which are not "True" and even if is true how certain are they by saying " ". Hence is a "biconditional statement" where the predictor or speculator are not yet fully convinced it will happen how they said but are still having thought or thinking it could be but not sure (false), it can only be true with the two results are said to be "T" (outcome).

What would we expect, it is a prediction and prediction is always a biconditional since it may or may not happen.  It isn't that they are not convinced (since them stating it is a sign that they believe that the possibility of the statrment to happen is high) but it is ( the use of "could" in the statement) a safe statement to say especially when declaring it on public.  It gives them an escape route if ever the prediction do not happen.

Quote
As an investors I think they are only trying to be optimistic about the future of bitcoin.

True, they (investors) need to be optimistic or their hope will start to deteriorate.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Cryptomiles1 on April 29, 2023, 11:58:01 PM
All these statement here are "possibility statement" which are not "True" and even if is true how certain are they by saying " ". Hence is a "biconditional statement" where the predictor or speculator are not yet fully convinced it will happen how they said but are still having thought or thinking it could be but not sure (false), it can only be true with the two results are said to be "T" (outcome).

What would we expect, it is a prediction and prediction is always a biconditional since it may or may not happen.  It isn't that they are not convinced (since them stating it is a sign that they believe that the possibility of the statrment to happen is high) but it is ( the use of "could" in the statement) a safe statement to say especially when declaring it on public.  It gives them an escape route if ever the prediction do not happen.

Quote
As an investors I think they are only trying to be optimistic about the future of bitcoin.

True, they (investors) need to be optimistic or their hope will start to deteriorate.

Most of this prediction also cause threat to people around the forum since there are lot of unforeseen circumstance that may come up. What I understand fully on bitcoin is, just buy and hold till whenever you feels is okay for one to sell then they should go ahead and sell than given false hope and causing people to panic towards bitcoin even also trying to put threat on little investors of jumping into the market with high hope it would go as they predicted. Can't they keep shot for some while without causing FUD?


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Fundamentals Of on April 30, 2023, 01:50:46 AM
We are always on the road to winning. Despite all the bumps along the way, we all know we are on the right track. We all know we are moving towards victory.

$100,000 is just a matter of when. If it's the kind of victory many consider, although it is just actually a battle to me, then we should all consider ourselves victors.

In fact if it's the end of 2024 that we're looking forward to, $100,000 is a moderate prediction. It could easily go higher than that.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: FinePoine0 on April 30, 2023, 02:14:56 AM
https://i.imgur.com/kF3iLo6.jpg
image Collection (https://academy.binance.com/en/halving)

As Bitcoin blocks decrease, the price of Bitcoin will i ncrease and the more Bitcoin will spread among people. Bitcoin block height in 2020 was 6.25 Bitcoin block height was 6.30000. And in 2024 Bitcoin Block 3.125 and Bitcoin Block Height 8.40000.
On average, the price of Bitcoin will double over the last year, so there is a high probability that the price of Bitcoin will go above $100,000 among experts.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Tony116 on April 30, 2023, 03:40:47 AM
...

In fact if it's the end of 2024 that we're looking forward to, $100,000 is a moderate prediction. It could easily go higher than that.

I also believe that the $100k target is easy for bitcoin, I predict bitcoin will have a higher ATH of $100k in the next bull season. But when does it happen, and predicting the end of 2024 is not for me. Considering bitcoin's 4-year cycle, and if history repeats itself, we need to wait until 2025 to see a real bitcoin bull run.

I don't care too much about when bitcoin will hit a new ATH, because sooner or later it will. What concerns me more is that I fear that I won't be able to own enough bitcoins until the bull season arrives.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: beerlover on April 30, 2023, 08:06:53 PM
We have read many similar predictions by many market analysts and so-called Bitcoin enthusiasts about the bright future of Bitcoin. This is not surprising and this post is not a speculation post. What is surprising is that such kind of optimistic predictions is coming from one of the banking majors. The current banking turmoil has helped Bitcoin to win the trust of the people.
People are talking about their desires when you put a mic on their faces, not reality. Obviously these days it's more digital and less microphone but the same logic continues. If someone asked me what I think bitcoin will do by the end of 2024 I would have said a lot higher result, but that doesn't mean that I think it is realistic, I just think that it would be good to have something like that.

I hope that it goes as well as possible, but I do not think that it will be possible. Just focus on what could happen in reality, forget about what would be your dream. 100K could be a good one, not really entirely sure if it will be possible or not but I think it should be "possible", not saying it will happen, but it is possible to see that without a doubt.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: TheGreatPython on April 30, 2023, 08:23:21 PM
I don't want to be in a delusional state to thinking that it will hit 6 digits in just a short period of time, I prefer a modest prediction, not one that thinks that it will skyrocket, although in the back of my mind, I wish it could happen but its better to spread FOMO than to spread FUD.
But IMO, $100k is truly possible even in the beginning or mid of 2024. If that doesn't happen then I am sure it will happen at the last month of that same year. Some says that 2025 is also a bullish year for BTC but that year is only our back up if there are no major increase that happens within these two consecutive years (2023-2024).

1 and 1/2 year is not a short period of time and if you check the past history of BTC, there are times where the increase is quick. Don't worry or don't be guilty because $100k is still a modest prediction. Remember, we are at $69k last time and that was only $30k away from $100k which isn't that high. There is no need to spread this FOMO because it's being talked about all the time and many people are now aware of this.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: ajiz138 on April 30, 2023, 10:46:28 PM
I don't want to be in a delusional state to thinking that it will hit 6 digits in just a short period of time, I prefer a modest prediction, not one that thinks that it will skyrocket, although in the back of my mind, I wish it could happen but its better to spread FOMO than to spread FUD.
But IMO, $100k is truly possible even in the beginning or mid of 2024. If that doesn't happen then I am sure it will happen at the last month of that same year. Some says that 2025 is also a bullish year for BTC but that year is only our back up if there are no major increase that happens within these two consecutive years (2023-2024).

1 and 1/2 year is not a short period of time and if you check the past history of BTC, there are times where the increase is quick. Don't worry or don't be guilty because $100k is still a modest prediction. Remember, we are at $69k last time and that was only $30k away from $100k which isn't that high. There is no need to spread this FOMO because it's being talked about all the time and many people are now aware of this.
Whatever it can happen, anyone is free to predict the price of bitcoin which he believes will reach that target regardless of several other speculations in 2025 there is still a very high possibility too because seeing the previous journey from the halving it took several months to reach its bullish peak.

It's still a short time to reach where it will be the expected level, of course looking at the history of how bitcoin went before, but this time it might be a little different and 100K is definitely a passable for the next phase but for me ATH will be over of the.

About Fomo as long as it's not on other coins but for FOMO now it's not a problem.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Fundamentals Of on May 02, 2023, 02:30:04 AM
...

In fact if it's the end of 2024 that we're looking forward to, $100,000 is a moderate prediction. It could easily go higher than that.

I also believe that the $100k target is easy for bitcoin, I predict bitcoin will have a higher ATH of $100k in the next bull season. But when does it happen, and predicting the end of 2024 is not for me. Considering bitcoin's 4-year cycle, and if history repeats itself, we need to wait until 2025 to see a real bitcoin bull run.

I don't care too much about when bitcoin will hit a new ATH, because sooner or later it will. What concerns me more is that I fear that I won't be able to own enough bitcoins until the bull season arrives.

That's a concern for everyone of us, that we haven't bought enough Bitcoin while it is still affordable. When Bitcoin reached $100,000, I believe next year or the year that immediately follows, it will most probably be impossible for ordinary believers like me to own one full Bitcoin. 1 full Bitcoin will only remain a dream. That's why while many are now praying for the bull run to happen and a new ATH will be hit, I am partly hoping that the cheap days will linger for a longer while.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: CryptoBuds on May 02, 2023, 03:03:28 AM
I don't want to be in a delusional state to thinking that it will hit 6 digits in just a short period of time, I prefer a modest prediction, not one that thinks that it will skyrocket, although in the back of my mind, I wish it could happen but its better to spread FOMO than to spread FUD.
But IMO, $100k is truly possible even in the beginning or mid of 2024. If that doesn't happen then I am sure it will happen at the last month of that same year. Some says that 2025 is also a bullish year for BTC but that year is only our back up if there are no major increase that happens within these two consecutive years (2023-2024).

1 and 1/2 year is not a short period of time and if you check the past history of BTC, there are times where the increase is quick. Don't worry or don't be guilty because $100k is still a modest prediction. Remember, we are at $69k last time and that was only $30k away from $100k which isn't that high. There is no need to spread this FOMO because it's being talked about all the time and many people are now aware of this.

If you look at history more carefully, you will realize that a new ATH or bull season will only come a year after the halving. While the halving is predicted to happen in April/May 2024, the expectation of ATH in early and mid-2024 is unfeasible. Bear season begins in early 2022, and if you believe the 4-year cycle, we are only halfway through the bear season. That means there's still a long way to go until the next bull season. I'm not pessimistic, but my prediction could be 2025-2026, a bull market will happen.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: kotajikikox on May 02, 2023, 04:20:37 AM


Not all battles are fought on the battleground. Some are fought silently and patiently and time decides the winner. We are surely on the winning path!

Thoughts?

There is a chance of course , but why rush when we knew that the effect of halving takes place at least months or year after.


This is what I find in Google search given the link below


The next Bitcoin halving 2024 date according to the BTC halving countdown clock is scheduled to take place at block 840,000 which is predicted to be solved on Apr 27, 2024 03:42:04 PM UTC. At Bitcoin halving 2024, the Bitcoin block reward is scheduled to drop from 6.25 Bitcoin per block to 3.125 Bitcoin per block

link:
Bitcoin Halving date prediction (https://www.google.com/search?rlz=1C1KNTJ_enPH946PH946&sxsrf=APwXEdcMXQXlgdq7BGLZ8A__6UB71KiVaA%3A1683001017148&q=bitcoin%20halving%20countdown%202024&ved=2ahUKEwigkaKu49X-AhUUR2wGHcK4BYgQmoICKAF6BAgHEAw&biw=792&bih=720&dpr=1)

hope we are all ready as this will be happening sooner ,sometimes we will not notice its already there.





Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Don Pedro Dinero on May 02, 2023, 04:29:51 AM
Thoughts?

What I think is that I am not surprised as the title suggests because I have seen so many price predictions already, almost all of them failed, that another one is not going to surprise me. The best way to get the price right is to do it in a range and in the short term. For example: the price will remain between $25,000 and $40,000 in May.

They keyword here is: could

bitcoin could hit $100,000
bitcoin could hit $10,000
bitcoin could hit $1,000,000
bitcoin could hit $100

Could just means that there's a (albeit non-zero) possibility — not necessarily that it will happen.

LMAO, it's just like that.

If we follow bitcoin history, which need not always repeat itself but has so far, the $100,000 mark will be passed around one year after halving, i.e. in mid-2025. It would be better for me if it passes this year, but I think it is unlikely.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Tony116 on May 03, 2023, 03:06:07 AM
...

In fact if it's the end of 2024 that we're looking forward to, $100,000 is a moderate prediction. It could easily go higher than that.

I also believe that the $100k target is easy for bitcoin, I predict bitcoin will have a higher ATH of $100k in the next bull season. But when does it happen, and predicting the end of 2024 is not for me. Considering bitcoin's 4-year cycle, and if history repeats itself, we need to wait until 2025 to see a real bitcoin bull run.

I don't care too much about when bitcoin will hit a new ATH, because sooner or later it will. What concerns me more is that I fear that I won't be able to own enough bitcoins until the bull season arrives.

That's a concern for everyone of us, that we haven't bought enough Bitcoin while it is still affordable. When Bitcoin reached $100,000, I believe next year or the year that immediately follows, it will most probably be impossible for ordinary believers like me to own one full Bitcoin. 1 full Bitcoin will only remain a dream. That's why while many are now praying for the bull run to happen and a new ATH will be hit, I am partly hoping that the cheap days will linger for a longer while.

Bitcoin is trading at $30k, and to own 1BTC these days is also a difficult task, let alone bitcoin surpassing $100k. But I like you, I find something very strange, most people want the bull market to come soon, bitcoin hit a new ATH this year...Many people almost don't want to accumulate cheap bitcoins, or do people already own a lot of bitcoin and want it to go up in price? I think everyone's concern right now is how to make bitcoin grow fast, not focusing on accumulating more bitcoins.

Honestly, I would be happy if bitcoin fell below $20k again this year. Because once bitcoin recovers, we will no longer have a chance to see 20k bitcoins.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Quidat on May 03, 2023, 10:25:58 PM
...

In fact if it's the end of 2024 that we're looking forward to, $100,000 is a moderate prediction. It could easily go higher than that.

I also believe that the $100k target is easy for bitcoin, I predict bitcoin will have a higher ATH of $100k in the next bull season. But when does it happen, and predicting the end of 2024 is not for me. Considering bitcoin's 4-year cycle, and if history repeats itself, we need to wait until 2025 to see a real bitcoin bull run.

I don't care too much about when bitcoin will hit a new ATH, because sooner or later it will. What concerns me more is that I fear that I won't be able to own enough bitcoins until the bull season arrives.

That's a concern for everyone of us, that we haven't bought enough Bitcoin while it is still affordable. When Bitcoin reached $100,000, I believe next year or the year that immediately follows, it will most probably be impossible for ordinary believers like me to own one full Bitcoin. 1 full Bitcoin will only remain a dream. That's why while many are now praying for the bull run to happen and a new ATH will be hit, I am partly hoping that the cheap days will linger for a longer while.

Bitcoin is trading at $30k, and to own 1BTC these days is also a difficult task, let alone bitcoin surpassing $100k. But I like you, I find something very strange, most people want the bull market to come soon, bitcoin hit a new ATH this year...Many people almost don't want to accumulate cheap bitcoins, or do people already own a lot of bitcoin and want it to go up in price? I think everyone's concern right now is how to make bitcoin grow fast, not focusing on accumulating more bitcoins.

Honestly, I would be happy if bitcoin fell below $20k again this year. Because once bitcoin recovers, we will no longer have a chance to see 20k bitcoins.
Instead of talking about peak prices, then why not people would be starting up to accumulate when the market is bearish or crashing but rather they would be starting to accumulate when its been pumped? Common impression on which human being does have on which fear would really be the main reason on why they do such thing but its totally contrary or having no sense.
This is why it would really be ideal that instead on speaking or minding much about those peak prices or all time highs, it would be more worth if you do mind off on how you would placing yourself
on the bottom and just in case the price would be shooting up then it would really be giving out that profits later on.

There's no way that you could really be able to know on whats ahead and its much better on be wise on taking up some actions when the market is still on reds
and not on the time that it is pumping up.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: noormcs5 on May 03, 2023, 10:59:23 PM
We have read many similar predictions by many market analysts and so-called Bitcoin enthusiasts about the bright future of Bitcoin. This is not surprising and this post is not a speculation post. What is surprising is that such kind of optimistic predictions is coming from one of the banking majors. The current banking turmoil has helped Bitcoin to win the trust of the people.

Read here: https://www.reuters.com/technology/bitcoin-could-hit-100000-by-end-2024-standard-chartered-says-2023-04-24/

Not all battles are fought on the battleground. Some are fought silently and patiently and time decides the winner. We are surely on the winning path!

Thoughts?


$100,000 bitcoin price by the end of 2024 seems like a very low bitcoin price prediction as i guess that by that time the bitcoin halving would have been done, the US dollar may be more weakened and the world economic indicators may be more towards high inflation and at that time people would be investing more in bitcoin which may lead to even higher prices that 100,000$.

Anyways, as we approach towards the next bitcoin halving, we will continue to see such statements by big players in the market. This will increase the hype. Be prepared to read more crazy predictions about bitcoin in the coming months.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: ilovealtcoins on May 03, 2023, 11:26:01 PM
I am not as optimistic as OP, my prediction is that we will enter the bull season in 2025, and bitcoin will reach ATH in the last quarter of 2025, just like previous cycles, and we will also have a bear season at the end of that year. I still believe the 4-year history repeats itself, the bull season will only come one year after the halving, i.e. 2025.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Swordsoffreedom on May 04, 2023, 12:22:43 AM
We have read many similar predictions by many market analysts and so-called Bitcoin enthusiasts about the bright future of Bitcoin. This is not surprising and this post is not a speculation post. What is surprising is that such kind of optimistic predictions is coming from one of the banking majors. The current banking turmoil has helped Bitcoin to win the trust of the people.

Read here: https://www.reuters.com/technology/bitcoin-could-hit-100000-by-end-2024-standard-chartered-says-2023-04-24/

Not all battles are fought on the battleground. Some are fought silently and patiently and time decides the winner. We are surely on the winning path!

Thoughts?


$100,000 bitcoin price by the end of 2024 seems like a very low bitcoin price prediction as i guess that by that time the bitcoin halving would have been done, the US dollar may be more weakened and the world economic indicators may be more towards high inflation and at that time people would be investing more in bitcoin which may lead to even higher prices that 100,000$.

Anyways, as we approach towards the next bitcoin halving, we will continue to see such statements by big players in the market. This will increase the hype. Be prepared to read more crazy predictions about bitcoin in the coming months.

ATH may be higher than $100k, but to say that high inflation and weaker USD is the reason for the bitcoin price increase, I disagree with you on this. Currently, inflation is still high, but I don't see a positive impact on bitcoin, on the contrary, I find everything difficult, and bitcoin is no exception.

The halving will still be the most powerful catalyst to help bitcoin generate new ATHs. But it will be better if the world economy recovers and grows in 2024 and 2025, it will also be an equally important factor for us to expect bitcoin to hit a higher ATH in the next bull season.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Fundamentals Of on May 04, 2023, 05:34:31 AM
...

In fact if it's the end of 2024 that we're looking forward to, $100,000 is a moderate prediction. It could easily go higher than that.

I also believe that the $100k target is easy for bitcoin, I predict bitcoin will have a higher ATH of $100k in the next bull season. But when does it happen, and predicting the end of 2024 is not for me. Considering bitcoin's 4-year cycle, and if history repeats itself, we need to wait until 2025 to see a real bitcoin bull run.

I don't care too much about when bitcoin will hit a new ATH, because sooner or later it will. What concerns me more is that I fear that I won't be able to own enough bitcoins until the bull season arrives.

That's a concern for everyone of us, that we haven't bought enough Bitcoin while it is still affordable. When Bitcoin reached $100,000, I believe next year or the year that immediately follows, it will most probably be impossible for ordinary believers like me to own one full Bitcoin. 1 full Bitcoin will only remain a dream. That's why while many are now praying for the bull run to happen and a new ATH will be hit, I am partly hoping that the cheap days will linger for a longer while.

Bitcoin is trading at $30k, and to own 1BTC these days is also a difficult task, let alone bitcoin surpassing $100k. But I like you, I find something very strange, most people want the bull market to come soon, bitcoin hit a new ATH this year...Many people almost don't want to accumulate cheap bitcoins, or do people already own a lot of bitcoin and want it to go up in price? I think everyone's concern right now is how to make bitcoin grow fast, not focusing on accumulating more bitcoins.

Honestly, I would be happy if bitcoin fell below $20k again this year. Because once bitcoin recovers, we will no longer have a chance to see 20k bitcoins.

What is actually surprising to me is that people are already praying for the bull run and the $100,000 when they don't even have enough Bitcoin. To these people, are you really guys sure that you want Bitcoin to hit $100,000 already? Are you sure you already have enough? Many of you don't even have 1 BTC. Come on! When that proverbial $100,000 arrives, all we can only do is look back to the past and wish that we bought more.

I guess many who are into Bitcoin are greedy and opportunistic but also unmindful. I'm curious if many of them will hodl when $100,000 arrives. Many will probably sell and enjoy it. By the time $300,000 arrives, they will have nothing.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: slaman29 on May 04, 2023, 06:36:08 AM
What is actually surprising to me is that people are already praying for the bull run and the $100,000 when they don't even have enough Bitcoin. To these people, are you really guys sure that you want Bitcoin to hit $100,000 already? Are you sure you already have enough? Many of you don't even have 1 BTC. Come on! When that proverbial $100,000 arrives, all we can only do is look back to the past and wish that we bought more.

I guess many who are into Bitcoin are greedy and opportunistic but also unmindful. I'm curious if many of them will hodl when $100,000 arrives. Many will probably sell and enjoy it. By the time $300,000 arrives, they will have nothing.

Nah, that is  not surprising at all, unless you are completely new to the crypto space...

Majority of people in crypto are praying for bull ever day, 100k? Try 1 million for Bitcoin. Try 100k for random coin of frogs and animals.

You're right they don't have enough Bitcoin, they don't have it. They have maybe 1 million random coin. If Bitcoin goes to 100k, they believe their coin goes x1000.

I hate to say it but people in crypto generally are worse than you think, and nothing surprised me anymore.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Dave1 on May 04, 2023, 07:36:24 AM
What is actually surprising to me is that people are already praying for the bull run and the $100,000 when they don't even have enough Bitcoin. To these people, are you really guys sure that you want Bitcoin to hit $100,000 already? Are you sure you already have enough? Many of you don't even have 1 BTC. Come on! When that proverbial $100,000 arrives, all we can only do is look back to the past and wish that we bought more.

I guess many who are into Bitcoin are greedy and opportunistic but also unmindful. I'm curious if many of them will hodl when $100,000 arrives. Many will probably sell and enjoy it. By the time $300,000 arrives, they will have nothing.

Nah, that is  not surprising at all, unless you are completely new to the crypto space...

Majority of people in crypto are praying for bull ever day, 100k? Try 1 million for Bitcoin. Try 100k for random coin of frogs and animals.

You're right they don't have enough Bitcoin, they don't have it. They have maybe 1 million random coin. If Bitcoin goes to 100k, they believe their coin goes x1000.

I hate to say it but people in crypto generally are worse than you think, and nothing surprised me anymore.

Yeah, everyone is praying for $100k since the last bull run. But it didn't happen so obviously, why not give it a shot at the next run then? So everyone is on board right now with a 6 digit figures. Even seasoned members here, who have been in the market for so long thinks that in al eventually, we are going to hit that price.

So our answers might be answered in the next couple of years.

I don't want to comment about the people here in crypto, but as soon as we hit new ATH again, it will got worst, newbies hope to become crypto millionaires, perma bears, perma bulls FUDsters and others.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: ancafe on May 04, 2023, 08:33:00 AM
We have read many similar predictions by many market analysts and so-called Bitcoin enthusiasts about the bright future of Bitcoin. This is not surprising and this post is not a speculation post. What is surprising is that such kind of optimistic predictions is coming from one of the banking majors. The current banking turmoil has helped Bitcoin to win the trust of the people.
Regardless of how the speculation happened and I'm sure everyone will hope that the bitcoin price will touch that number. Another important lesson, whether in the next year or when it will happen is very difficult to predict, because talking about price fluctuations and almost all speculators who try to predict everything is not right and always misses. But speaking broadly I believe it will happen?

The financial conditions controlled by the banks have put them at the stage of mistrust of people, with many cases of weakness in the way they serve customers, ranging from a scarcity of cash or a very complicated system of money transactions with them. On the other hand, transactions in bitcoin are progressing rapidly and there are almost no problems if done correctly, so that people's trust is getting higher for now.

Not all battles are fought on the battleground. Some are fought silently and patiently and time decides the winner. We are surely on the winning path!
Thoughts?
It won't take long for people to think of that? The real winners are people who are able to see opportunities, even though there was a lot of resistance initially regarding the new system offered by bitcoin and today we have especially seen how the advantages offered by bitcoin are not owned by other investment systems.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: bestcoins1 on May 04, 2023, 09:36:49 AM
I am not as optimistic as OP, my prediction is that we will enter the bull season in 2025, and bitcoin will reach ATH in the last quarter of 2025, just like previous cycles, and we will also have a bear season at the end of that year. I still believe the 4-year history repeats itself, the bull season will only come one year after the halving, i.e. 2025.
It doesn't matter that you are not as optimistic as the OP, because basically you also have your own confidence in Bitcoin by making forecasts from a four-year cycle. I also still believe in the four-year cycle, but for now I also have the view that this year Bitcoin will continue to experience price recovery until next year. Because before it reaches ATH, of course Bitcoin must have a better price recovery and it also happened in previous cycles in the past.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: salad daging on May 04, 2023, 03:52:47 PM
Regardless of how the speculation happened and I'm sure everyone will hope that the bitcoin price will touch that number. Another important lesson, whether in the next year or when it will happen is very difficult to predict, because talking about price fluctuations and almost all speculators who try to predict everything is not right and always misses. But speaking broadly I believe it will happen?
Who doesn't want to see the high price of bitcoin, even people who believe in holding bitcoin because there is a sense of optimism from them that bitcoin can touch the price.
We cannot fully trust predictions, including statements from experts, whatever it is, it can be wrong and not right the movement of bitcoin is very volatile, it can move at any time depending on the market situation, but with predictive analysis, we can know where bitcoin is going even though the price is always not right on the numbers.
I believe that bitcoin will have another high.

The financial conditions controlled by the banks have put them at the stage of mistrust of people, with many cases of weakness in the way they serve customers, ranging from a scarcity of cash or a very complicated system of money transactions with them. On the other hand, transactions in bitcoin are progressing rapidly and there are almost no problems if done correctly, so that people's trust is getting higher for now.
Their trust in banks is indeed reduced because there are problems that go one after another, including some media that say banks can confiscate your money at any time, especially in a crisis, so people who put money in the bank will panic, especially when they see that several banks have gone bankrupt, of course they will lose a little her trust.

Bitcoin is growing fast because it's easy to use, you can control yourself and this asset will increase in value over a long time, at least people now know about bitcoin and they understand the system for its use.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: savetheFORUM on May 05, 2023, 08:25:34 PM
I am not as optimistic as OP, my prediction is that we will enter the bull season in 2025, and bitcoin will reach ATH in the last quarter of 2025, just like previous cycles, and we will also have a bear season at the end of that year. I still believe the 4-year history repeats itself, the bull season will only come one year after the halving, i.e. 2025.
It doesn't matter that you are not as optimistic as the OP, because basically you also have your own confidence in Bitcoin by making forecasts from a four-year cycle. I also still believe in the four-year cycle, but for now I also have the view that this year Bitcoin will continue to experience price recovery until next year. Because before it reaches ATH, of course Bitcoin must have a better price recovery and it also happened in previous cycles in the past.
I don't see any signs of that happening. The price has become stable at around $28k and from the volumes and everything, it seems like there will be another dip soon which will probably drag the price below $25k followed by a huge inflow of panic selling which will further make the price go down by who knows to what extent.

Panic sellers and FUDs are definitely going to give Bitcoin a hard time going up this year, I don't think that we will see an all-time high this year or even the year after, I think we might see that happening after or by the end of 2024.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: STT on May 05, 2023, 08:42:09 PM
Could isnt surprising, its an estimate 18 months away and purely by the maths measuring prior moves and possible velocity of gains 100k is already known to be in the trajectory for BTC.   Could, should world ever will are all different things but could isnt the doubtful thing, its will this really happen while the Federal reserve is continually raising rates.   It does appear slightly unlikely when we may not have dropped interest rates back by the end of 2024 and in theory the opposing yield elsewhere should cap the interest in speculative assets such as BTC.
  All depends on inflation, fiscal budgeting of large government and apparent monetary expansion vs actual because its also likely Dollar declines in value from now to end of 2024 and so on balance we must assume BTC could inversely rise.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: ancafe on May 06, 2023, 07:05:55 AM
Who doesn't want to see the high price of bitcoin, even people who believe in holding bitcoin because there is a sense of optimism from them that bitcoin can touch the price.
We cannot fully trust predictions, including statements from experts, whatever it is, it can be wrong and not right the movement of bitcoin is very volatile, it can move at any time depending on the market situation, but with predictive analysis, we can know where bitcoin is going even though the price is always not right on the numbers.
I believe that bitcoin will have another high.
Experts or anyone can only make predictions about the price of bitcoin, but the level of accuracy of the predictions is not necessarily correct because bitcoin is quite volatile in its journey. For people who already know that bitcoin is the best investment for the future, the issue of price is not a measure because what is expected is how we can continue to collect bitcoins with several methods.

Everyone must believe that in the future the price of bitcoin will be even higher, especially if bitcoin has been successfully mined and scarcity will bring bitcoin at a much higher price, returning to the lessons of supply and demand as the foundation for why bitcoin can be quite valuable in the future.

Their trust in banks is indeed reduced because there are problems that go one after another, including some media that say banks can confiscate your money at any time, especially in a crisis, so people who put money in the bank will panic, especially when they see that several banks have gone bankrupt, of course they will lose a little her trust.

Bitcoin is growing fast because it's easy to use, you can control yourself and this asset will increase in value over a long time, at least people now know about bitcoin and they understand the system for its use.
The fiat system is still very complicated to accept and it's just that before there was no choice, so people are forced to use it despite the many problems this system has created, the economic crisis, scarcity of cash and services that are still in shambles. So far, banks are increasingly losing the trust of people, because there are many problems that they are unable to solve, especially when it comes to confiscating users' money for some reason.

Bitcoin has a much better level of freedom because we control the assets we own, so we don't need a third party to run it and there are many other advantages that we can take advantage of when investing in bitcoin.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: slaman29 on May 06, 2023, 01:58:23 PM
I hate to say it but people in crypto generally are worse than you think, and nothing surprised me anymore.

Yeah, everyone is praying for $100k since the last bull run. But it didn't happen so obviously, why not give it a shot at the next run then? So everyone is on board right now with a 6 digit figures. Even seasoned members here, who have been in the market for so long thinks that in al eventually, we are going to hit that price.

So our answers might be answered in the next couple of years.

I don't want to comment about the people here in crypto, but as soon as we hit new ATH again, it will got worst, newbies hope to become crypto millionaires, perma bears, perma bulls FUDsters and others.

Right? And those who remember, 1 million was the theory even in 2017, and then "for sure" 100k was the next, even me included.

I have to believe it, and I still do, whether next year or 2030 or whenever, but at least I don't guarantee this to anyone and I'm the first to "suffer" if this isn't coming true.

The old cycle all over again for sure, we can expect :)


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: fuguebtc on May 06, 2023, 02:51:12 PM
I am not as optimistic as OP, my prediction is that we will enter the bull season in 2025, and bitcoin will reach ATH in the last quarter of 2025, just like previous cycles, and we will also have a bear season at the end of that year. I still believe the 4-year history repeats itself, the bull season will only come one year after the halving, i.e. 2025.
It doesn't matter that you are not as optimistic as the OP, because basically you also have your own confidence in Bitcoin by making forecasts from a four-year cycle. I also still believe in the four-year cycle, but for now I also have the view that this year Bitcoin will continue to experience price recovery until next year. Because before it reaches ATH, of course Bitcoin must have a better price recovery and it also happened in previous cycles in the past.

If you believe in 4-year cycles and if history repeats itself, then there is no guarantee that bitcoin will recover from now on and the price will never fall again. If you check the 2019 and 2020 charts, there was a time when bitcoin rallied over $12k but then dropped to $5k in 2020, before the halving took place. Many argue that what is happening this year is quite similar to 2019, and if so, we still have some major corrections before entering the recovery phase to prepare for the next halving.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: ivankoh on May 06, 2023, 03:16:58 PM
Panic sellers and FUDs are definitely going to give Bitcoin a hard time going up this year, I don't think that we will see an all-time high this year or even the year after, I think we might see that happening after or by the end of 2024.
Yes, The possibility that they will continue to regret it
Bitcoin has passed all that FUD and is showing impressive growth - maybe not within perfect expectations but not this gain is modest given the really tough market state with a lot of pressure. My sense is that bitcoin is rebuilding a sustainable structure for the upcoming bull cycle. Bitcoin was once a trillion asset in 2021 and will likely be many times higher in 2024.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: |MINER| on May 06, 2023, 04:13:55 PM

Yes, The possibility that they will continue to regret it
Bitcoin has passed all that FUD and is showing impressive growth - maybe not within perfect expectations but not this gain is modest given the really tough market state with a lot of pressure. My sense is that bitcoin is rebuilding a sustainable structure for the upcoming bull cycle. Bitcoin was once a trillion asset in 2021 and will likely be many times higher in 2024.
In fact, a lot depends on 2024 as the next halving is expected to start around 2024, and it is already seen that Bitcoin is slowly starting its recovery. Although nothing can be said with certainty when the price of Bitcoin will reach any level. But according to many giant tech companies and experts analysis around 2024 and 2025 Bitcoin will be around 100k dollars. I myself think that between 2024 and 2025 Bitcoin will reach its new all-time high.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Dimitri94 on May 06, 2023, 04:55:23 PM

Yes, The possibility that they will continue to regret it
Bitcoin has passed all that FUD and is showing impressive growth - maybe not within perfect expectations but not this gain is modest given the really tough market state with a lot of pressure. My sense is that bitcoin is rebuilding a sustainable structure for the upcoming bull cycle. Bitcoin was once a trillion asset in 2021 and will likely be many times higher in 2024.
In fact, a lot depends on 2024 as the next halving is expected to start around 2024, and it is already seen that Bitcoin is slowly starting its recovery. Although nothing can be said with certainty when the price of Bitcoin will reach any level. But according to many giant tech companies and experts analysis around 2024 and 2025 Bitcoin will be around 100k dollars. I myself think that between 2024 and 2025 Bitcoin will reach its new all-time high.
We are staying at the second quarter and there are still 7 months to go. When Bitcoin will be bullish at that moment there is no need much time to change any equation, with in one week everything can be possible. If we get 60k price by this year we also may get 100k as well in the next year. As Bitcoin moves towards a possible halving in 2024, the market is changing momentum a bit from now. I feel the same as what you are saying. If Bitcoin  halving doesn't appear in 2024, we could see Bitcoin price target 100k or more by 2025.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: _BlackStar on May 06, 2023, 07:55:52 PM
Not all battles are fought on the battleground. Some are fought silently and patiently and time decides the winner. We are surely on the winning path!

Thoughts?
I'm not going to freak out like people do in the face of price volatility, even if bitcoin could free-fall to $10k then I think I'd still be fine. My main plan in this industry is to be a bitcoin holder in the long term, corrections are a good opportunity to accumulate them even if they happen this time of year.

To be honest, I'm not sure about $100k at the end of the year, but I tend to feel confident about $50k or lower before the 2024 halving. Bitcoin price is expected to strengthen further after the halving, but it may be true that the price will start moving up at few months before the halving. The start of 2024 is a turning point for bitcoin's high run after the halving, so a new ATH is expected later.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: tiCeR on May 07, 2023, 11:20:02 PM
Not all battles are fought on the battleground. Some are fought silently and patiently and time decides the winner. We are surely on the winning path!

Thoughts?
I'm not going to freak out like people do in the face of price volatility, even if bitcoin could free-fall to $10k then I think I'd still be fine. My main plan in this industry is to be a bitcoin holder in the long term, corrections are a good opportunity to accumulate them even if they happen this time of year.

To be honest, I'm not sure about $100k at the end of the year, but I tend to feel confident about $50k or lower before the 2024 halving. Bitcoin price is expected to strengthen further after the halving, but it may be true that the price will start moving up at few months before the halving. The start of 2024 is a turning point for bitcoin's high run after the halving, so a new ATH is expected later.

That would mean that market mostly gets moved by the bigger players as these fee issues will certainly shy away all those people that I once thought could be mostly interested in acquiring or using Bitcoin. If you live in a part of the world where the average income is far below the richer parts of the world, I am asking myself how people there could come up with the idea that Bitcoin makes sense in the long run? The fees are a problem and it is a threat to adoption progress in many parts of the world. It is not that surprising that some alt coins will be preferred over Bitcoin then. Of course if you are moving thousands of USD it doesn't matter that much. It is difficult to tell what the price rallies in the past were mostly about, big money being followed by huge amounts of smaller money? If that's the case I won't expect too much price action for as long as the fees are still sky high again. What would the fees even be when the public sees Bitcoin flying towards $100,000? There would be so much volume, so many transactions be made that we are probably also going to see ATH fees.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: STT on May 07, 2023, 11:56:50 PM
Quote
next halving is expected to start around 2024

Ive heard varied targets from Feb to June.  It adjusts to try and regulate against variation too early or too soon and also for a 10 min block time but if theres alot of hype it means we probably get it earlier because of more mining being encouraged.    My guess is we dont get a ton of hype, so actual halvening is like a year away and anticipation and possibly the positive accumulation wont occur before Jan.    Im biased because of what happened last time, we sold off in the March just before halvening because of external factors and we could quite negative either government, fiscal or military events bringing a harsher environment.    100k from a year after halvening is more like it, thats more realistic less rushed for a target.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: doomloop on May 08, 2023, 06:55:40 PM
I am not as optimistic as OP, my prediction is that we will enter the bull season in 2025, and bitcoin will reach ATH in the last quarter of 2025, just like previous cycles, and we will also have a bear season at the end of that year. I still believe the 4-year history repeats itself, the bull season will only come one year after the halving, i.e. 2025.
It doesn't matter that you are not as optimistic as the OP, because basically you also have your own confidence in Bitcoin by making forecasts from a four-year cycle. I also still believe in the four-year cycle, but for now I also have the view that this year Bitcoin will continue to experience price recovery until next year. Because before it reaches ATH, of course Bitcoin must have a better price recovery and it also happened in previous cycles in the past.
I don't see any signs of that happening. The price has become stable at around $28k and from the volumes and everything, it seems like there will be another dip soon which will probably drag the price below $25k followed by a huge inflow of panic selling which will further make the price go down by who knows to what extent.

Panic sellers and FUDs are definitely going to give Bitcoin a hard time going up this year, I don't think that we will see an all-time high this year or even the year after, I think we might see that happening after or by the end of 2024.
You need to check the price right now. It's now below $28k. So, how's that? It seems the guy is right that we are now in the recovery phase although we have been already recovering ever since we start this new year. For some, what they see is more than a recovery but they consider it as a normal increase because we never have it last year.

If ever the price drops below $25k, I don't think it will trigger a panic selling. Maybe it will if you say that the price will fall to $10k and below because we haven't seen it yet for a long time. Panic selling and FUD's are not the only thing that can drag the BTC value. There might be no ATH this year but I expect there will be in the next year or so.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: STT on May 08, 2023, 09:32:49 PM
Some news today in a small way, yet to be confirmed but we crossed the 50 day average.   I also heard in actual news not charts that Binance has some issue, now its just an exchange but its a big one and as so many people recognize it apparently it will matter for crypto sentiment going forward for some time perhaps.
https://talkimg.com/images/2023/06/12/AN5I3.png (https://talkimg.com/images/2023/06/12/AN5I3.png)
https://talkimg.com/images/2023/06/12/AN5I3.png

This could be a trade down, simple moving average is only an indicator so its not an actual break of support exactly just a warning of possible weakness now developing.  I think we remain in the same range of the last couple months roughly hence more caution then alarm for the moment.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: tiCeR on May 08, 2023, 10:45:59 PM
Some news today in a small way, yet to be confirmed but we crossed the 50 day average.   I also heard in actual news not charts that Binance has some issue, now its just an exchange but its a big one and as so many people recognize it apparently it will matter for crypto sentiment going forward for some time perhaps.
https://i.imgur.com/62UOjbm.png

This could be a trade down, simple moving average is only an indicator so its not an actual break of support exactly just a warning of possible weakness now developing.  I think we remain in the same range of the last couple months roughly hence more caution then alarm for the moment.

It is indeed a big one and as far as I know nobody really understands how interconnected they are and what their systemic relevance might be for the entire ecosystem. As I belong to those who have no idea, I would just go by the numbers that are relatively well know, which is the global market share in trading volume. I am aware there can be fake volume as well, but I guess that Binance doesn't fake more than others in whatever way possible. Now when we only take the trading volume and the number of customers, it would be a huge hit to the ecosystem if it became public that they would be in serious trouble.

If it turns out that they are sort of systemically relevant, it would perhaps create a kind of Lehman Brothers moment in peoples' heads and I think that could have substantial consequences that would take the ecosystem some time to recover from.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Joshapat on May 10, 2023, 05:38:48 AM
The price of bitcoin is difficult to predict, when we think the price continues to rise but sometimes the opposite happens, the price continues to fall, the same as what is happening now, when the price in March reaches $ 30k then I'm optimistic that April can reach at least $ 40k, but what happens is the price dropped below $30k until now it hasn't returned to $30k, and to reach $100k of course it needs a gradual process.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: btc78 on May 10, 2023, 08:30:54 AM
with all  of this then we must all accumulate now at least before 2023 ends?
have managed to Hold for a year now and waiting for another 1 1/2 years wouldn't be any issue ,
thanks for the heads up  on this mate ,I will be willing to take part of this bump in the coming months.
The price of bitcoin is difficult to predict, when we think the price continues to rise but sometimes the opposite happens, the price continues to fall, the same as what is happening now, when the price in March reaches $ 30k then I'm optimistic that April can reach at least $ 40k, but what happens is the price dropped below $30k until now it hasn't returned to $30k, and to reach $100k of course it needs a gradual process.
let them predict but we must dig more , there are graphs that will help us understand what comes next lol.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Ludmilla_rose1995 on May 10, 2023, 11:28:45 AM
The price of bitcoin is difficult to predict, when we think the price continues to rise but sometimes the opposite happens, the price continues to fall, the same as what is happening now, when the price in March reaches $ 30k then I'm optimistic that April can reach at least $ 40k, but what happens is the price dropped below $30k until now it hasn't returned to $30k, and to reach $100k of course it needs a gradual process.

it is indeed difficult to predict but from the history of bitcoin prices you can see patterns which will conclude something in the future. for example in the previous halving the price of bitcoin tended to decrease and then after the halving the price rose.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: yohananaomi on May 11, 2023, 10:38:55 PM
The price of bitcoin is difficult to predict, when we think the price continues to rise but sometimes the opposite happens, the price continues to fall, the same as what is happening now, when the price in March reaches $ 30k then I'm optimistic that April can reach at least $ 40k, but what happens is the price dropped below $30k until now it hasn't returned to $30k, and to reach $100k of course it needs a gradual process.

it is indeed difficult to predict but from the history of bitcoin prices you can see patterns which will conclude something in the future. for example in the previous halving the price of bitcoin tended to decrease and then after the halving the price rose.
agree, it is not easy to predict what will happen with bitcoin but bitcoin has a habit of always repeating what has been done before. this makes it easy to anticipate bitcoin, but not for the short term but for the long term.
at the beginning of the year, bitcoin indeed made a surprise with a sharp upward movement, but many predicted that this increase would be momentary and would not last long because world economic indicators had not improved which would always have an impact on bitcoin.
but it must be remembered that the halving period will occur next year, this is the best time to continue buying and holding it and not to be afraid of a decline.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: TravelMug on May 12, 2023, 03:49:17 AM
Quote
next halving is expected to start around 2024

Ive heard varied targets from Feb to June.  It adjusts to try and regulate against variation too early or too soon and also for a 10 min block time but if theres alot of hype it means we probably get it earlier because of more mining being encouraged.    My guess is we dont get a ton of hype, so actual halvening is like a year away and anticipation and possibly the positive accumulation wont occur before Jan.    Im biased because of what happened last time, we sold off in the March just before halvening because of external factors and we could quite negative either government, fiscal or military events bringing a harsher environment.    100k from a year after halvening is more like it, thats more realistic less rushed for a target.

It's late April or early May, that is the target next for the next halving, really depends on the difficult and the hash rate.

But in any case, the hype surrounding after this activity is huge, we all know, and from what we have seen in the past that it's the catalyst for the next bull run. Currently though we have to endure the bear market, it's hard but sure enough we have been in this situation before and have seen it so nothing is new. We just have to be mentally strong and just continue to hold and accumulate as $100k is now possible price range and new all time high for us.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Oilacris on May 13, 2023, 09:57:19 PM
Quote
next halving is expected to start around 2024

Ive heard varied targets from Feb to June.  It adjusts to try and regulate against variation too early or too soon and also for a 10 min block time but if theres alot of hype it means we probably get it earlier because of more mining being encouraged.    My guess is we dont get a ton of hype, so actual halvening is like a year away and anticipation and possibly the positive accumulation wont occur before Jan.    Im biased because of what happened last time, we sold off in the March just before halvening because of external factors and we could quite negative either government, fiscal or military events bringing a harsher environment.    100k from a year after halvening is more like it, thats more realistic less rushed for a target.

It's late April or early May, that is the target next for the next halving, really depends on the difficult and the hash rate.

But in any case, the hype surrounding after this activity is huge, we all know, and from what we have seen in the past that it's the catalyst for the next bull run. Currently though we have to endure the bear market, it's hard but sure enough we have been in this situation before and have seen it so nothing is new. We just have to be mentally strong and just continue to hold and accumulate as $100k is now possible price range and new all time high for us.
When in speaking about being the catalyst then it is really that surely the news or event which would really spark out that bull run that we've been hoping or waiting for but there's no way on telling on when it would happen because bull run do usually happens after how many months on the said event or situation or simply with that halving. This is why it is really that always been wise for you to get in or accumulate while its still cheap now. People are way too relaxed in regarding into this, and then later on they would whine and cry if they would be seeing that the price had shoot up.
This is why it would really be just that sensible that you should really be making such act wisely or else you would really be left behind with the train.

Now the price is playing around 25-30k which these movements are really going up and down into these levels. We cant be sure on when to see 35-40k but we are really that heading there.
It is really just that a matter of time though and this is something that really unpredictable. This is why if you are going for long term then buying on any price point wouldnt
really be that an issue since we know on whats its potential.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: 19Nov16 on May 16, 2023, 02:36:19 AM
I think it is very realistic that in 2024 the price can reach $100k, besides that the number of users continues to increase and the natural demand will continue to increase, and of course in 2024 there will be a major event namely the halving which will usually pump at least 50% in a short time.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Negotiation on May 16, 2023, 03:01:44 AM
The price of bitcoin is difficult to predict, when we think the price continues to rise but sometimes the opposite happens, the price continues to fall, the same as what is happening now, when the price in March reaches $ 30k then I'm optimistic that April can reach at least $ 40k, but what happens is the price dropped below $30k until now it hasn't returned to $30k, and to reach $100k of course it needs a gradual process.

it is indeed difficult to predict but from the history of bitcoin prices you can see patterns which will conclude something in the future. for example in the previous halving the price of bitcoin tended to decrease and then after the halving the price rose.
Bitcoin usually rises based on its demand this is why price is extremely difficult to predict and more vulnerable to market factors than more established asset classes. Late last year, it was easy to predict that bitcoin would hit $100,000, hitting its all time high in November. Since then it has become difficult to predict with bitcoin's major decline. Over the years, bitcoin has shown a steady increase in value compared to any other crypto in the market.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Reatim on May 16, 2023, 04:12:37 AM
well , there are chances but I am not holding onto that ,
instead what I want to believe is that in 2025 at least in the early stage that the ATH will be once again broken .
100k will be there and maybe at least 110k to be the most?
if this is going to happen then I must be ready and willing to wait .


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: stomachgrowls on May 16, 2023, 10:30:44 PM
Quote
next halving is expected to start around 2024

Ive heard varied targets from Feb to June.  It adjusts to try and regulate against variation too early or too soon and also for a 10 min block time but if theres alot of hype it means we probably get it earlier because of more mining being encouraged.    My guess is we dont get a ton of hype, so actual halvening is like a year away and anticipation and possibly the positive accumulation wont occur before Jan.    Im biased because of what happened last time, we sold off in the March just before halvening because of external factors and we could quite negative either government, fiscal or military events bringing a harsher environment.    100k from a year after halvening is more like it, thats more realistic less rushed for a target.

It's late April or early May, that is the target next for the next halving, really depends on the difficult and the hash rate.

But in any case, the hype surrounding after this activity is huge, we all know, and from what we have seen in the past that it's the catalyst for the next bull run. Currently though we have to endure the bear market, it's hard but sure enough we have been in this situation before and have seen it so nothing is new. We just have to be mentally strong and just continue to hold and accumulate as $100k is now possible price range and new all time high for us.
When in speaking about being the catalyst then it is really that surely the news or event which would really spark out that bull run that we've been hoping or waiting for but there's no way on telling on when it would happen because bull run do usually happens after how many months on the said event or situation or simply with that halving. This is why it is really that always been wise for you to get in or accumulate while its still cheap now. People are way too relaxed in regarding into this, and then later on they would whine and cry if they would be seeing that the price had shoot up.
This is why it would really be just that sensible that you should really be making such act wisely or else you would really be left behind with the train.

Now the price is playing around 25-30k which these movements are really going up and down into these levels. We cant be sure on when to see 35-40k but we are really that heading there.
It is really just that a matter of time though and this is something that really unpredictable. This is why if you are going for long term then buying on any price point wouldnt
really be that an issue since we know on whats its potential.
Better not to make yourself that hopeful because just like been said that if ever the price didnt reached out that certain level then you would really disappointed.Its better that you would rather be that just simply

be accepting on whatever the numbers would be on that particular time or in the end of 2024 which we know that it is already that post-halving season which we could assume that this is on the time that
bull run would kick in, but no one really knows because there are even sayings that there might be no bull run on next year but no one really knows.

I agree on what you had said that 30k is something a strong resistance or ceiling which we do need to mind on breaking out first before minding about $100k. It isnt really just that hard
to break that price if we do able to see the similar bull run that we've seen into those previous years.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Semar Mesem on May 18, 2023, 07:47:30 AM
More and more are optimistic that in 2024 the price can reach $ 100k, of course this is reasonable because the number of bitcoin users continues to increase and the adoption or direct use for transactions is getting bigger, in 2024 there will also be a halving so that many people speculate to buy because after the halving will occur big increase.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Rasa nanas on May 18, 2023, 01:03:44 PM
I think it is very realistic that in 2024 the price can reach $100k, besides that the number of users continues to increase and the natural demand will continue to increase, and of course in 2024 there will be a major event namely the halving which will usually pump at least 50% in a short time.
agree, it is very likely that in the next bull run bitcoin price will cross $100k. The ATH in the previous bull run was $ 65k and the data shows that in every bull run the price of bitcoin always exceeds 2x the previous ATH. I think the bottom price for bitcoin in the next bull run will be in the $65k range.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: OgNasty on May 18, 2023, 02:10:26 PM
The biggest surprise to me about everyone calling for a $100K Bitcoin next year is what they must be predicting for 2025. If we do see a $100L BTC in 2024, I would think the bubble coming in 2025 would have to be close to a million. While I might have believed that 5 years ago, the FTX madness in 2021 likely redirected Bitcoin’s trajectory lower in the future (as in not into the millions so soon).


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: $crypto$ on May 18, 2023, 02:13:34 PM
well , there are chances but I am not holding onto that ,
instead what I want to believe is that in 2025 at least in the early stage that the ATH will be once again broken .
100k will be there and maybe at least 110k to be the most?
if this is going to happen then I must be ready and willing to wait .
The end of 2024 and 2025 are almost a little away but where is the right time to return to the price of 100K is still a mystery, but it is possible that in these two years bitcoin can reach its highest point again.

110K ? I think bitcoin can go through that, but the most predictions are more than that because it has increased from before, it can go through many times, so I say 150K is still very possible to achieve.

I am optimistic that it will happen, of course we have to wait for the time to come but for the next year it is still far away, and believe me that 2024/25 is bullish to come.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: dunfida on May 18, 2023, 09:45:11 PM
well , there are chances but I am not holding onto that ,
instead what I want to believe is that in 2025 at least in the early stage that the ATH will be once again broken .
100k will be there and maybe at least 110k to be the most?
if this is going to happen then I must be ready and willing to wait .
The end of 2024 and 2025 are almost a little away but where is the right time to return to the price of 100K is still a mystery, but it is possible that in these two years bitcoin can reach its highest point again.

110K ? I think bitcoin can go through that, but the most predictions are more than that because it has increased from before, it can go through many times, so I say 150K is still very possible to achieve.

I am optimistic that it will happen, of course we have to wait for the time to come but for the next year it is still far away, and believe me that 2024/25 is bullish to come.
Try to read up this article.
Possible target point basing up on charts would be $300k
https://coinpedia.org/news/tone-vays-predicts-bitcoin-btc-price-breakout-to-300k-with-timeline-heres-the-timeline/

$100k price wouldnt really be that much a resistance but well we do know that speculative approach wouldnt really be that 100% precise but this is something more realistic for it to hit on that bull run
rather than on that $1M inside on 90 days on this year alone which even on dreams it couldn't really happen at all.

This is why if you do really believe on Bitcoins potential then this time would be the best time on accumulating as much as we could.No one could predict the future
but dont make yourself regret again just because you have hesitated on which it caused for you to miss the train once again.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: MoonOfLife on May 18, 2023, 11:50:55 PM
I think it is very realistic that in 2024 the price can reach $100k, besides that the number of users continues to increase and the natural demand will continue to increase, and of course in 2024 there will be a major event namely the halving which will usually pump at least 50% in a short time.
agree, it is very likely that in the next bull run bitcoin price will cross $100k. The ATH in the previous bull run was $ 65k and the data shows that in every bull run the price of bitcoin always exceeds 2x the previous ATH. I think the bottom price for bitcoin in the next bull run will be in the $65k range.

$100k is a pretty modest target for bitcoin's potential. In 2021, bitcoin could rise from as low as $3k in 2018 to $69k. There's no reason why bitcoin can't break through $100k during the upcoming bull season. I'm more optimistic than a lot of people here when they expect the $100k target. I guess bitcoin will cross the $200k mark because in 2025, I also believe the world economy will recover, and people will be more eager to invest at that time.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Jating on May 19, 2023, 04:12:13 PM
I think it is very realistic that in 2024 the price can reach $100k, besides that the number of users continues to increase and the natural demand will continue to increase, and of course in 2024 there will be a major event namely the halving which will usually pump at least 50% in a short time.
agree, it is very likely that in the next bull run bitcoin price will cross $100k. The ATH in the previous bull run was $ 65k and the data shows that in every bull run the price of bitcoin always exceeds 2x the previous ATH. I think the bottom price for bitcoin in the next bull run will be in the $65k range.

$100k is a pretty modest target for bitcoin's potential. In 2021, bitcoin could rise from as low as $3k in 2018 to $69k. There's no reason why bitcoin can't break through $100k during the upcoming bull season. I'm more optimistic than a lot of people here when they expect the $100k target. I guess bitcoin will cross the $200k mark because in 2025, I also believe the world economy will recover, and people will be more eager to invest at that time.

Yes, and even in the pandemic, the price rose from $3k to our all time high of $69k so that is a big jump. So from $69k to 6 digits figure? yeah why not and as you have said, it could be just a modest estimates. Not just you though, everyone is optimistic that we can get that price in 2024.

If everything is ripe, then $150k could also be open for us. And if ever the world economy recovers in 2025, then it will be the best time to invest as well to bitcoin and crypto in that year so that least we cover what we have lost in this bear market.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: el kaka22 on May 19, 2023, 07:46:53 PM
Not really, I do think that it will go up to that in 2024, that is a good and realistic approach. He didn't say this month, or even this year, he didn't even say next year exactly, he said it will be by the end of 2024, so when we are closer to 2025, that means it is going to have like a full 6 months give or take after the halving as well. That is quite possible and I think it will happen.

I personally believe going just like %30 above the ATH price after another halving is not unlikely, it is what the expectation is and I believe that will happen. I know that many people are expecting it to be a lot different and they want it to be something quite different in the end, but I think that's not going to be the case, we will see 100k by the end of 2024.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: jaberwock on May 20, 2023, 06:48:32 PM
More and more are optimistic that in 2024 the price can reach $ 100k, of course this is reasonable because the number of bitcoin users continues to increase and the adoption or direct use for transactions is getting bigger, in 2024 there will also be a halving so that many people speculate to buy because after the halving will occur big increase.
I agree about the adoption but not when you say BTC is being used directly. Until now there is only 3 countries if I am not wrong who made BTC a legal tender. The numbers hardly move. It is seems that more people are more fond of using BTC as an asset more than a currency. There is a halving in 2024 but if there are no halvings won't those people buy? That's a wrong mentality when it comes to investing and getting rich. And what if after halving, there are no price increases that happen?

These could cause disappointment for them. No @OP I am not surprised about it anymore and many people too. There's even people who said that $100k is possible this year.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Ricardo11 on August 23, 2023, 01:59:00 PM
Yes, Bitcoin price may reach 100,000 by the end of 2024. However, there has been no prospect of a bull market in the Bitcoin price for quite some time now, and currently the Bitcoin price has dropped below 26k. But still there will be a bull market with high Bitcoin prices in the future, almost everyone knows that, and this will happen, and by 2025 the price of Bitcoin will reach an all-time high.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: STT on August 28, 2023, 05:15:08 PM
Its not a good idea to call a move before its really in shape and under way on a regular basis.  It could happen is to state the news that isnt new, BTC would not be at 26k if people didnt already accept this reality.
  The idea there is a strong enough bull market to produce any elaborated target higher is tenuous at the moment, it could happen so could a dozen other things and some of those are required first before BTC is likely able to rise such as a weaker dollar and greater takeup of BTC.  Until it happens they are manufacturing headlines and scenarios for the sake of their own publicity imo.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: tygeade on August 29, 2023, 06:42:42 AM
Its not a good idea to call a move before its really in shape and under way on a regular basis.  It could happen is to state the news that isnt new, BTC would not be at 26k if people didnt already accept this reality.
  The idea there is a strong enough bull market to produce any elaborated target higher is tenuous at the moment, it could happen so could a dozen other things and some of those are required first before BTC is likely able to rise such as a weaker dollar and greater takeup of BTC.  Until it happens they are manufacturing headlines and scenarios for the sake of their own publicity imo.
I would say that people are just making it like they know what's going to happen just so that if they are wrong nobody really shows them they were wrong but if they were right they could shove that to everyone face and say we were right and get more customers.

It's obvious that this may happen or may not happen and we do not know what's going to happen now but at the end of the day we are going to end up with a situation where it is going to be tough to handle and shouldn't really be worried about it. I think it is better to make a big return on this when the time comes and we need to end up with a result that will be a bit different. Hopefully it will get a lot better and we could do more on this subject whenever we can.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: gunhell16 on August 29, 2023, 07:07:48 AM
Just now, I see that in the crypto community, many people really believe that by next year, 2024, in the last month of that year, Bitcoin will reach $100,000. Even though it is not certain that it will happen, the belief they hold about Bitcoin is just a prediction. It's not because I don't want to believe; of course I want that to happen, but not at the point where it will happen next year.

The only difficulty is that we predict what will happen in the future, and then what we expect to happen turns out not to happen. Isn't that the pain of that happening? It seems that the egg has not yet been broken, and the amount you will earn is counted first. Shouldn't we first go to it's too good to be true? Maybe the surprise we are waiting for is not something we will be happy about. So, it is much better not to expect anything, isn't it?


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: bakasabo on August 29, 2023, 07:14:43 AM
I dont belive that Bitcoin price gonna reach $100k next year. Bitcoin is to bulky, to expensive to do that. For example this year it would be great if it would achive $30k. And that would be already a huge achievment. As it would basically do x3 in a year. But the gap between 30k and 100k is to huge. Again people would think that they did not have enough “cheap” bitcoin and push the price down. Again the price would jump here and there all the year.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: peter0425 on August 29, 2023, 07:41:05 AM
We have read many similar predictions by many market analysts and so-called Bitcoin enthusiasts about the bright future of Bitcoin. This is not surprising and this post is not a speculation post. What is surprising is that such kind of optimistic predictions is coming from one of the banking majors. The current banking turmoil has helped Bitcoin to win the trust of the people.

Read here: https://www.reuters.com/technology/bitcoin-could-hit-100000-by-end-2024-standard-chartered-says-2023-04-24/

Not all battles are fought on the battleground. Some are fought silently and patiently and time decides the winner. We are surely on the winning path!

Thoughts?

is there any thing that can hinder bitcoin from reaching that level mate? not Unless
there will be a worldwide problem like pandemic 2019 , surely bitcoin will reach that top
next year .
imagine we are just a year for that to come, how I wonder what would not believers feel when this happens?


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Poker Player on August 29, 2023, 07:45:05 AM
No, I am not surprised, as it is within normal post-halving predictions. I think we will get to that figure and pass it simply by experience of tracking markets in general and that of Bitcoin, without doing such detailed analysis as Standard Chartered. I guess that news is more appealing for those who don't know much about this world, as $100K is a round figure that draws attention, than it does from those of us who know it.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Davian144 on August 29, 2023, 09:14:02 AM
Yes, Bitcoin price may reach 100,000 by the end of 2024. However, there has been no prospect of a bull market in the Bitcoin price for quite some time now, and currently the Bitcoin price has dropped below 26k. But still there will be a bull market with high Bitcoin prices in the future, almost everyone knows that, and this will happen, and by 2025 the price of Bitcoin will reach an all-time high.
This year there probably won't be big bulls or such a significant increase in price, because Bitcoin still needs a gradual price increase every month and it still has to take until next year for there to be a calculation of the bullish rate through the current price in the market from the lowest price. in this year to the highest price at the end of this year or early next year. So as long as there isn't a significant price fix in the market for Bitcoin, I won't talk about the possibility for $100K by the end of 2024.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: justdimin on August 30, 2023, 09:42:25 AM
Yes, Bitcoin price may reach 100,000 by the end of 2024. However, there has been no prospect of a bull market in the Bitcoin price for quite some time now, and currently the Bitcoin price has dropped below 26k. But still there will be a bull market with high Bitcoin prices in the future, almost everyone knows that, and this will happen, and by 2025 the price of Bitcoin will reach an all-time high.
This year there probably won't be big bulls or such a significant increase in price, because Bitcoin still needs a gradual price increase every month and it still has to take until next year for there to be a calculation of the bullish rate through the current price in the market from the lowest price. in this year to the highest price at the end of this year or early next year. So as long as there isn't a significant price fix in the market for Bitcoin, I won't talk about the possibility for $100K by the end of 2024.
I would guess that it will not have a huge increase but it will end with over 30k if you ask me. The reason why I think like this is because I think it is going to be a bit different to some people and we should remember that i its not going to be that easy to handle.

Of course some people may think that it will do well enough but the reality is that we are not going to end up with a good thing one way or another, it is going to end up with a situation where it will make a bit of a different perspective. The next year on the other hand is a good one and we should be seeing some big increases one way or another, and we should be considering halving as a good thing that will make the price start going up in the near future.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: yohananaomi on September 12, 2023, 03:20:41 PM
More and more are optimistic that in 2024 the price can reach $ 100k, of course this is reasonable because the number of bitcoin users continues to increase and the adoption or direct use for transactions is getting bigger, in 2024 there will also be a halving so that many people speculate to buy because after the halving will occur big increase.
The halving era will indeed occur in early 2024, and of course, this will trigger a movement towards improvement during this time. I think it's normal, and I really agree with you and many others that $100K is not too far-fetched for Bitcoin to reach it by the end of 2024. We also have to remember that this price was predicted to happen in 2021, but it didn't materialize.Everyone already knows about Bitcoin, and it is clear that as the halving era approaches, many will take action to encourage Bitcoin to immediately move in a positive direction because everyone knows how important Bitcoin is to them.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: Quidat on September 12, 2023, 08:59:16 PM
Yes, Bitcoin price may reach 100,000 by the end of 2024. However, there has been no prospect of a bull market in the Bitcoin price for quite some time now, and currently the Bitcoin price has dropped below 26k. But still there will be a bull market with high Bitcoin prices in the future, almost everyone knows that, and this will happen, and by 2025 the price of Bitcoin will reach an all-time high.
This year there probably won't be big bulls or such a significant increase in price, because Bitcoin still needs a gradual price increase every month and it still has to take until next year for there to be a calculation of the bullish rate through the current price in the market from the lowest price. in this year to the highest price at the end of this year or early next year. So as long as there isn't a significant price fix in the market for Bitcoin, I won't talk about the possibility for $100K by the end of 2024.
I would guess that it will not have a huge increase but it will end with over 30k if you ask me. The reason why I think like this is because I think it is going to be a bit different to some people and we should remember that i its not going to be that easy to handle.

Of course some people may think that it will do well enough but the reality is that we are not going to end up with a good thing one way or another, it is going to end up with a situation where it will make a bit of a different perspective. The next year on the other hand is a good one and we should be seeing some big increases one way or another, and we should be considering halving as a good thing that will make the price start going up in the near future.
Basing up on Q4 on 2024 then we are already that post-halving time on which we know that anytime this is where bull run could possibly kicked in and having that 4x movement basing up on the price on where we are now then it would really be just that understandable that it could have those high chance knowing on how it moves whenever we are on a bull run market which $100k is something realistic compared into those $1M price predictions which is really just that too much or absurd. This is why its better to make yourself that able to make positions and targets basing up with those realistic numbers. If you are holding for long term then this one wont really be that much of an issue.

This is why with the current price or value that we do have now then it would really be that better that you should really be that wise on taking some accumulation while its still cheap.
We arent still on a bull run yet which means that there's still time for us to be able to accumulate coins which you might really be ending up on getting those regrets if you had
realized that you had missed up some another opportunity to make profits.


Title: Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?
Post by: gunhell16 on September 13, 2023, 04:02:51 AM
With the amount of speculation like that, there are many communities in this crypto industry that have assumed that this will actually be the price value of Bitcoin, even though in reality it still remains a prediction or speculation. Although there is nothing wrong with believing, especially if you are a long-term investor, you will not be affected by these situations.

There are quite a few forecasts that are even higher than 100k$ because the others are said to be at 140k$–160k$ or more before the end of 2024. There are too many people who give predictions, and if you don't know anything about the movement in the market, for sure they will believe the speculations of other crypto traders. But anyway, let's see what will happen in the future or next year.