Bitcoin Forum

Bitwise published a document highlighting their top predictions for 2024:

The Year Ahead: 10 Crypto Predictions for 2024  (https://bitwiseinvestments.com/crypto-market-insights/the-year-ahead-10-crypto-predictions-for-2024)

https://www.talkimg.com/images/2023/12/19/EqFac.jpeg  (https://bitwiseinvestments.com/crypto-market-insights/the-year-ahead-10-crypto-predictions-for-2024)

The ten prediction are:


I think every prediction has a different kind of boldness in it, from the most boring one, as Prediction number 1, to the one i find more exciting, prevision number 8. Where there is a precise scoper per Lightning network, that is perfect for cheap, instant, reliable micropayments between agents.

What do you think? Which prediction excites you the most?

If bitcoin ETF is approved. After halving. The market would be for the bulls. Bitcoin price may skyrocket above $100000 before 2025.

Prediction number 1 and 2 are the ones I found more interesting. They are mainly about bitcoin price and bitcoin ETF.

One of the predictions that I think will fail is the number 10 which is about Ethereum network fee to reduce. Since many years ago, people thought that would happen but it did not happen. Ethereum went from PoW to PoS, but the fee did not reduce. A simple update from PoW to PoS can fixed that but Ethereum developers did not fix it.

Prediction number one made me more excited.Because the number one prediction is that Bitcoin will go above $80k I am so excited that I now have some Bitcoin that I have held for a long time. If bitcoin goes above 80k$ then my bitcoin holdings will go over a thousand dollars which is why I am so excited about this prediction.

Provided that price prediction is by far the most exciting one, I think here Bitwise has been quite cautious on the value. I think that barely beating ATH in 2024 would be fairly disappointingly low expectation.

I think other predictions are more interesting.

Definetely prediction number 7 is the most important one  :P


I have a similar point of view, although I think Bitcoin will see huge price increase 12-18 months after the halving.

I'm excited about the ETFs, for me bitcoin will easily surpass this target of 80k USD if the ETF is finally approved.

This ethereum fee projection I think will never happen on their main network. Maybe with second layer solutions it will come to something close to that.

Anyway, I'm very optimistic about the year 2024, it's going to be an incredible year after all the suffering we've been through.

I've seen similar thread here: Bitwise Crypto Predictions 2024. (https://bitcointalk.org/index.php?topic=5478257.0)

Prediction 1 and 2 are probably the 'easiest' to make out of the 10. With BTC halving approaching, you would expect the price of BTC to pump as high as 80k, and with all the speculations in recent months, BTC spot etf in the U.S. is probably now a question of when and not if.

The prediction i find very 'interesting' is prediction number 9, it says prediction markets will emerge as the new crypto 'killer app', that means a lot of people are going to lose their money staking on future events, well like always i guess, in betting some get their predictions correct and win, but most get it wrong and lose :D.

Predictions 1 and 2 are what got me excited.
$80,000 is quite a high price for me to imagine because I have never experienced it since getting to know Bitcoin that I know that the previous highest price was below the price of $80,000 as included in prediction 1.
$42,963 the current trading price, if I can collect the full amount of Bitcoin, then when Bitcoin trades in 2024 at $80,000, I will have earned double that.

And regarding prediction number 2, maybe for me who is still new and has not been in the crypto world for long, I will say to people around me that this is the fruit of my belief while in the crypto space and optimistic about Bitcoin because of the new history in industrial development with technology which is great.

Prediction number 7, I don't really care because it will only last for a moment as long as the NFT trend continues. When the trend disappears, I'm sure it will be forgotten too.
As for prediction number 8, it has begun to be felt, although not directly, by people in general. Several large and advanced companies have started to take advantage of the sophistication of this artificial technology.

Every prediction is quite important but I think the prediction number 1 that is very important and possible we can expect to touch 6 digits next year. In case of prediction number two, the probability of ETF being approved is very high. If the Bitcoin ETF is approved in January it will further influence the halving event so we can see a breakthrough in Bitcoin movement for 2024.

Really am happy for prediction 1 and 2. Big minds get the best of it. (Only true hodl will understand)

However @fillipone prediction 7 and 8 captured my attention. I cant wait to see NFTs fully back and adopted by people who look down at it. And i will be willing to share my own NFTs as well.

 :o Bitcoin and AI assistance in collaboration! that is perfect for the internet.

I am also one of the people who is most eager to see how much impact this bitcoin ETF will have. Because we have gone through many adoptions from various institutions, but Blackrock is something different that was able to steal my attention. Not only from the positive side, Bitcoin prices have certainly skyrocketed, but will there be any negative impacts from this Bitcoin ETF? I mean with the involvement of a large entity Blackrock in the future it will not be far from the control they want.

My question is based on a personal position that inevitably as a holder thinks that releasing ownership and holding it is a dilemma between needing to take advantage or remaining strong in holding it longer?

A downloadable report link https://s3.amazonaws.com/static.bitwiseinvestments.com/Research/Bitwise-The-Year-Ahead-10-Crypto-Predictions-for-2024.pdf

These two predictions are interesting but I believe with this humble prediction 1 for Bitcoin price, $80,000, I believe it can make that new all time high even without Bitcoin Spot ETFs approved.

Prediction 2 is interesting but it is not a mandatory condition for Prediction 1 to become true. From $69,000 (2021 all time high) to $80,000 (a predictive new all time high), it is about 16% increase, not too much with Bitcoin.

Yes but this obviously means that bitcoin must first reach $69k which is an increase of 64% from the current level.

Don't forget that bitcoin is up 145% since January 1st, so ...

Don't get me wrong I don't care about the price at all because I use bitcoin as bitcoin. Well, now that fees are that high I struggle a bit, but you get the point.

Anyway bitcoin is only going up because it is valuable. We just have to be patient.

Yes, but don’t forget that Bitcoin was trading at 26,800 in June before the ETF saga began unfolding (measured by the Grayscale BTC discount, still at high levels back then).
So I would consider this as the “floor level” to measure any ETF-related excitement against.


Edit: posted while shopping for groceries. Amend previous version.

What does that mean mate? You mean it was trading low? This is true obviously.

Prediction 1 is related to Prediction 2. So both are interesting to me. If the Bitcoin ETF gets approved, then there is no doubt that Bitcoin will trade above $80K, and it will grow above $100K as well for some time. Its because of ETF hype and also for halving. Bitcoin halving is very near, and it is possible that Bitcoin ETF is near too. If both happen together or near each other, then Bitcoin will skyrocket. We may not see Bitcoin's current price as it is trading now. However, it's my expectation, not predictions. In crypto, anything would happen at any time, and it would break all our expectations.

The predictions are all positive for crypto. For me, prediction 1 and 2 is the most exciting. Every bitcoin hodler wants to hear bullish news. My portfolio would skyrocket if Bitcoin hits the 80k mark but I would also have mixed feelings because as the price goes up more and more, that makes it more difficult to own a whole Bitcoin. I would have to work thrice as hard to be able to afford 1bitcoin @100k price. 

Prediction 7 is the least exciting, I thought we have seen the end of NFTs but it seems musicians and famous people will continue to create NFTs. 

I believe we will see a bullish next year if there is no pandemic.

People that speculated that COVID 19 pandemic was the cause of the bear market during the pandemic time were all wrong. If there will be pandemic next year (but not what we wish), bitcoin price will still increase. All-time-high would begin by next year and likely there would be all-time-high in 2025. Also let us not expect any pandemic to come than to hold some bitcoin.

Taylor Swift is actually the most exciting. people spend a ton of money just to see her distract the people from what exactly is going on on the global stage.
But OP had already arranged the top predictions, over $80k will be the greatest among the 10, it will be its most volatile by then.

this bitwise ad has been discussed in many channels recently. https://www.youtube.com/shorts/nl3pNXbfDc0
the company is super bullish with BTC that they have this ad. and for a moment i thought it was peter shciff

Prediction 1 and 2 are the ones that really excites me and I think they're feasible. From previous records, Bitcoin normally hits ATH a year after halving, but if spot Bitcoin ETF gets approved early next year, Bitcoin might touched ATH sooner than expected.

Stablecoins were on close contention with VISA in 2022, as it processed a settlement of 11 trillion dollars against VISA at 11.6 trillion dollars. I'd have predicted an overtaken by stablecoins in 2024 but this may not likely happen because of the continuous regulatory scrutiny by the authorities.

All the predictions are nice and interesting, I personally think that predicting the price of bitcoin at $80,000 dollars is way too conservative though, and yeah, I read that right, I know it said "above $80,000", but I think saying "above $120,000" would have been more deserving for bitcoin judging from all that is ahead and coming.

Again, I find all the predictions very interesting, but one that would have been more interesting (but not included unfortunately) is, if they had predicted that I will become a millionaire in dollars by 2024/2025  ;D.

According to news January 10 is the date set aside for its approval, one thing is should it be approved then we might just break the trend and probably hit a new all time high next year and not necessarily the year after it. But if the news goes the other way then we might be face with a market correction as some short time holders would sale, but not much of a sale since the halving period is approaching.

I also get your concern about institutions been at the hallmark of bitcoin. No matter what we tell ourselves, should it be approved, I believe the government would have done it to help in their quest for centralization. With the big institutions into it, the government can easily get the information of those buying a spot just like how centralized exchanges are

Of the several or many predictions that you have offered to choose, it seems that I am more interested in prediction number one, none other than because that is what I have been waiting for - waiting and maybe including most of the people involved in the bitcoin accumulation market, indirectly this potential can trigger people to be more excited and including me too.

Increasing the amount of budget allocation on bitcoin accumulation early on is one of the things I will do and maybe by most people as we welcome the 2024 halving period, I think it's never too late to start or increase the number of adoptions even though bitcoin has now started to move up and is in one of the highest areas this year. Honestly, one of the things that makes me interesting with prediction number 1 is because I see some certainty from the price histroy that has occurred which of course in the near future it is likely that the price will pass the previous ATH and actually touch the $ 80k mark, I am quite optimistic about the potential of prediction number 1 that you provide.

Nothing more  will excite any bitcoiner like the number 1&2 predictions coming to pass and from what am seeing it is the coming to pass of the number 2 prediction that will put that of number 1 beyond the $80k benchmark. 2024 will be a year of many successes for cryptocurrency however not all that has been predicted in that list will come to fruition.

For the bonus prediction: I can only say it's gonna be a more emboldened conviction that the future is cryptocurrency, the quicker individuals, entities)corporations that realizing and turning towing that direction the better for them.

Visa together with Mastercard is the backbone of global payments system, people pay for their coffe, groceries and public transport through one of them. While stablecoins are used by speculators to gamble on the market. If Visa disappears tomorrow it would be a catastrophe, if stablecoins disappear tomorrow no one will notice.


So many things can go wrong with that - a new angle for attack by hackers, assistants screwing up fees, sending coins to wrong addresses, etc.

No confused Bitcoin $100k crossed in 2024 it is confirmed, There are a few days left in this year which is a lot different than my previous estimate, I expected to be around $60k by 2023 maybe. But currently there are many reasons why Bitcoin cannot go to $60k by 2023, which is a big disappointment. Finally I can say that in 2024 Bitcoin will have a maximum place.

The number 1 prediction that excites me, I think will excite everyone who is investing in Bitcoin. Bitcoin predictions are uncertain which may be correct and may not be. I saw on the news a few days ago that a few months ago someone predicted that Bitcoin would hit $1 million in June. But no, his prediction was unreasonable.

I believe this prediction and am excited because bitcoin halving will happen in 2024 so hopefully we will see bitcoin above 80k after the halving. I don't make predictions, I expect to see over 100k in 2025.

Bitwise was not the only one House exposing their forecasts for 2024: there was a number of other players doing so:

Here you can find a (quasi) complete overview of the 2024 Outlooks already a publicly available
Wall Streets Reports On Bitcoin (https://bitcointalk.org/index.php?topic=5304479.msg63354788#msg63354788)

all the predictions you give are interesting, and also here of course everyone has different thoughts so there will be a lot of differences between us, but what is certain is that everyone wants the best whatever it is, I myself am interested in the first prediction and it makes me excited .

because now the halving will occur and this is the moment that many have been waiting for. also with the price set to climb above $80,000 this is a great value. and it is likely that many people will feel uncertain, because they either have to defend it strongly or take advantage.

Most of the predictions they have made are already so obvious that even I can give surety of them (well we surety is a big word but still I can say it will happen) like BTC will touch or cross $80k because even if ETFs got approved or not a halving event of the BTC will make it to touch $80k soon. And second is, ETFs will be getting approved because the environment of the digital world is telling me that.

I came to know about Prediction 10 a few days ago when I was watching a video where the person was talking about 5 best airdrops, in those airdrops, L2 improvements and the projects, like ZKsync, Linea, LayerZero, etc. type projects will decrease the fee on Ethereum lower, by lower I mean way lower. To be honest, if that happens then the next big gem is ETH.

The bonus prediction is something I thought already occurred, because who will call themselves financial advisors if they will not allocate some of your capital in crypto? Besides these predictions, I don't care about other ones.

I'll just address predictions individually, stopping on those I have something to say about.
1: Seems like a safe prediction, I agree with this one.
2: It's considered very likely, according to industry experts, so perhaps we'll see it happen.
4: No, I really don't think stablecoins can beat Visa, and do it within the next year. Although that might depend on the metrics.
8: I don't think we're there yet, and AI assistants don't pay for things because they aren't human (unless the authors meant something different by the term here).
10: That's a very bold claim about Ethereum transaction fees, but Ethereum is doing really well in terms of the fees, even at a current level of around $1.

About number 10 on the items listed, I don't think that there's going to be any change now after the several years of dashed expectations to see a reduced rate of transaction fee, now maybe we should also make a compare and contrast scenario of the ethereum network to bitcoin network and see which still possess the highest transaction fee as at today, we can realized that ordinals is still not a challenge over ethereum network gas fee.

predictions 1 and 10 are the ones that excite me the most.

because i have been waiting for a long time that bitcoin will be able to trade at a higher level. and when this prediction came true i could already imagine how much profit i could make if i sold the assets i held.

and when ethereum launches their upgrade and makes the average transaction fee below $0.01, it will benefit users who want to make transactions faster but with lower fees compared to what bitcoin offers.

The price of Bitcoin will definitely move to $80,000 before the end of 2024, because we have experienced some positive sign in this month of December that show that there will be massive increase from January that will make investors to believe that $80,000 is possible next year. Not only you that will be excited when the price hit $80,000 soon because many investors target for the next bullish season, is for the price to reach that amount before they will start releasing their coins to the market to make some incomes that will make them so excited. I know many investors will not miss this 2024 prediction, because majority of investors don't want to release their Bitcoin in this current price $43,564.

I agree with @electronicash. "Taylor Swift NFT" is actually the most exciting ::) prediction...
Joke aside, probably to grow user base we need again such "influencers..."
it is true that innovation passes through "these" users...but the next leap will take place thanks to the adoption of the big players (industrial and government)... and this is the prediction that I like most. ---> prediction 5!

Personally, I don't think that these options are mutually exclusive, on the contrary, they are all connected so I would also expect a sort of chain effect... as we have already seen in the past, do you remember the emotion for the first btc-future?

the blockchain is not a simple mechanism for exchanging value (or rather it cannot be used only for that) but it also has other functions ... if this mechanism could overcome the economic value https://www.mail-archive.com/cryptography@metzdowd.com/msg10152.html is not a simple "token" 1:1 vs FIAT... it is clear that a new world awaits us...probably Satoshi was just a modern Prometheus (https://en.wikipedia.org/wiki/Prometheus)!

It really sounds funny though but predicting to become a millionaire in dollars by 2024/2025 is surely the dream of every bitcoiner that have been buying and hodling for some time now because that's also part of our objectives as Bitcoin investors so definitely, the future of Bitcoin holds a lot and it will really be dream come through if these speculations and predictions comes to reality. Already we are seeing the handwriting on the wall so every Bitcoin investors should be prepared and optimistic about the upcoming halving and the bull run.

Definitely prediction 1 is the most favourite for all the Bitcoin investors. We have been dreaming for Bitcoins to break new ATH price. So yes this time we have high hopes that it will happen. We have previously seen how Bitcoins following an exact 4 year cycle to achieve new ATH price, hence this time we are very confident that this target or prediction will be achieved. Let’s hope for the best and accumulate as many Bitcoins as we can in the mean time.

Predictions are just predictions they either come to pass or not but is good to know and see future of Bitcoin as I believe it will surely come to pass just a matter of time

Predictions 1 and 2 can increase enthusiasm because if prediction 2 happens in the time period that many have mentioned it will happen, then we will soon see prediction 1 on the market.
ETFs are highly anticipated and this momentum will become a new history that will be celebrated by all groups. Big companies will also do something like what will happen in prediction 5.

Your belief in something that will definitely happen arises from a prediction. Of course, something you believe in is related to the highest price, right?

I think the biggest factor here to consider is the ETF thing.

This article might be telling what could happen it will not be approve.

SEC Denial of Bitcoin ETF Might Result in One of Biggest Rugpulls, Ripple Case No Longer Matters for XRP Holders, Justin Sun Withdraws 500 Billion SHIB from Binance: Crypto News Digest by U.Today (https://u.today/sec-denial-of-bitcoin-etf-might-result-in-one-of-biggest-rugpulls-ripple-case-no-longer-matters-for)

If the cause of the bullish movement of bitcoin now is that people are optimistic about the ETF approval, then plain and simple, expect the opposite once it's denied. So it's important to be updated with the news and rumor so we can make the right decision at the right time, we know the drill for that, right?

But for me, I'm optimistic though, so I kinda appreciate the prediction of Bitwise.