Bitcoin Forum

2023 was a Consolidation year in the best possible way we arrested the decline and rose well.   Positive to end the year we had alot of up and down along the way and a few doubts imo.   I think it was a good year to buy on but we only recognized this as more obvious coming into December.   30k was only definitively defeated at Nov start tbh.
  My Poll question is quite simple how do we develop in 2024, explosively upwards perhaps, a more sedate incline like this year, flat or is it all negative from this high point; a repeat of 2021 high tide mark going into 2024 is of course possible.


Poll rules,   votes alterable now & for 31 days then no more votes or changes.   Feel free to take January entire as as a bellwether for the rest of the year, December 2024 is the predictive BTC price in question


https://www.talkimg.com/images/2023/12/29/I8Xr1.png
Heres a longer term weekly candles graph.   Fibonacci and 200 week in yellow and 50 week in blue.  I will only especially comment later in the month & on the MA later; monthly bars might be better over 5 years but I think people prefer weekly as more relatable.

In 2024, bitcoin price:

Above $50000 ✓
All-time-high high ✓
 Six digits (above $100000). 90% likely.

On your poll, I choose above $100000. Having is in April. United States SEC would have approved bitcoin spot ETF. There would be United States election which I know the market is always mildly bullish at the time. I am expecting bitcoin to reach $100000. $170000 in 2025.

This 2024 is the year to price base above +50k, that has been difficult, in fact maintaining +40k is something significant since it has not happened for almost two years and having a few weeks holding +42k is a good omen...and in fact if everything continues in the direction of positive effects, (ETF Approval) January has the flavor of starting to sustain over +50k. As for the ATH, these levels will be reached in the last third of the year 2024... $75,000 +

The question is about the end of 2024, but the most interesting thing is bitcoin's journey throughout 2024, where in April there was an important event to trigger a bullrun. Halving is one of the fundamentals that allows a bullrun to occur in 2024, plus if the SEC approves the ETF then the price of bitcoin could explode even more than the previous ATH. I'm getting $70k more for year-end pricing, but it's highly likely we'll see prices above $100k.

I’m bullish and positive about the market trend by next year, Bitcoin will surely shock the world again.
There are reasons to hit the peak and I’m confident that we will witness a new all time high by next year and altcoins will also have the same faith. Invest more now while you still can and enjoy in 2024 when taking profit starts, its just a matter of time to witness $70k and above with Bitcoin.

I voted for Above 70k+.

Or at least we would see a new all time high, or get passed the previous at $69k. As for what could be the new all time high, obviously, everyone's target is above $100k conservative estimates, but I don't think that we are going to hit it in 2024 yet.

So going to be a great year to us, if the cycle or the pattern continues 2024 will be the start of the bull run right after the block halving. We might not felt a initial surge, but once the bull pick it up, it's going to be a great and massive run again just like the previous post halving years.

2024 will be a whole long year with many crypto events most especially the much hype or say anticipated ETF which will play is own part on causing a pump but I don’t base my assumptions on that. I still believe with the way the pre halving period is pumping hard and as such I expect the post halving period to be higher than this and so yes a new all time high will be reached, I will vote for $70k plus from your pool because I speculate bitcoin doing a 200% increase from the current support level of $40k. But all this are subjected to the overall economic conditions because other governments policy are going to affect it too. Things like exchange collapse if it  is large exchange also will affect the price of bitcoin negatively

I couldn't find any reason to think Bitcoin will drop or we will see dump hence considering the factors like Bitcoin halving and the way Bitcoin has performed I expect it to breach previous ATH and race towards $100,000. Even though I am bit skeptical about the $100,000 but Bitcoin might reach new ATH.  I have chosen $70k plus in the voting.

But w can always expect the unexpected stuffs from the market hence the above mentioned statement is my personal opinion and not an financial advise because I may be wrong.

If we apply the previous pattern, it's possible to reach and surpass the ATH by the end of they year. But simply extrapolating the past into the future is never going to work all the time, it's also important to think deeper and analyze the conditions and mechanisms. I believe that the growth will be slower and slower with each halvening because majority of the coins has been already mined, so halving an already small number won't change much. Miners don't have as much selling pressure as they did in early days. So it's also quite possible that the price won't touch the ATH in 2024 and the peak of the next bull run will be not much higher than the previous one, maybe it won't even surpass $100k.

I voted for $50k-$59k and I think that's just a safe prediction. Of course I want to see Bitcoin go $100k by the end of 2024 but I think that we'll see that on 2025. But if that ever hits before the end of 2024 then that's a good thing since these are just predictions and we're not obliged to predict it very well or be accurate with it. I just want to take some safe assumption although the one that I have voted is quite high as well and that's even near to the past ATH that we've seen. That's why a ten grand of increase for the entire year of 2024 is possible just as what we've seen this year and it's more than that. So, after the halving, we're expecting it to rally that much and can blow up its price again.

Forecasting the price is not a noble thing, of course, but I voted for the option above 70k. My expectations are based on halving, I believe that this event will soon be mentioned in all major media, which will give a good boost to the price and an influx of new investors. The current dynamics at the moment look positive, If no negative events occur over the next two months (for example, a hack of a large exchange, etc.), then such a scenario is quite possible.

You should organize a betting pool, even if the participation fee and the prizes are small for the best predictors, because it would incite people to do their best in order to predict a relevant price instead of posting funny and non-sense expections for trolling. Actually I think BTC price will be lower in one year, because it just made +150% this year, and because transaction fees are very high. So I expect a 20-39k range for the price at the end of 2024. I chose the 30-39k one though.

Bitcoin price peaked at 44K at the end of 2023. So it was a small bullrun, which led to a limited increase in Bitcoin price. 2024 is the Bitcoin halving, so every halving bitcoin price increases to its maximum value. I think Bitcoin price will stay between 50k and 55k in 2024.

confident at 70k and above , that is a good indication that people are very positive in what will be coming next year though there are some uncertain because the 4th year cycle seems to be 2025 and not 2024 , but at least we will be having that above the former ATH?
wondering what would be the price in second quarter as I am planning more to invest again?

Yep, it was a limited increase. I didn't even quite triple in the calendar year.

Maybe it will only triple in 2024. That would only be barely over $130k. A small bullrun indeed.

Maybe 2025 will be limited to only tripling too. Less than half a million dollars per coin. Pathetic.  ::)

I feel like something around 50k's would be decent enough. Not saying that it will reach there or won't go past that, I have no idea and none of us do and we just speculate, this is just a speculation. However, I do feel like there is a possibility that we could see that happen. This is the reason why I believe that the best we can do at this moment would be considered as something that would not make sense all that much. So we should be careful about it, and not really see it change all that much.

50K levels are decent for me because it is not that far away, we are really just about %20-30 away from it and that kind of increase could happen in a year, specially when you consider that it will be the halving year, so we could definitely go up that much.

It stands to reason that it will be able to reach $70K and above, although, as you said, a 4-year cycle will occur in 2025, where there will be an increase, which could be significant if it reaches $70K in 2024. I think there will be an opportunity before the future halve, where there will usually be a correction before it finally increases. This is, of course, an opportunity to be able to buy for investment.

2022 was a bad year for Bitcoin. 2023 is the recovery year. And Bitcoin hasn't fully recovered yet. The recovery process will definitely continue into 2024. It helps that 2024 is also a halving year. That will play a significant factor in the recovery especially in the late part of 2024, which is when the effect of the halving starts to fully sink in.

It also helps a lot that hype is built around Bitcoin thanks to the big traditional finance players like BlackRock that express interest to join the market. And since something big in relation to this might happen early in the early, I think the whole 2024 is a very good year. $100,000 is a realistic target.

I think realistically bitcoin price would play around the region of $50k-$59k on January. But, in order to achieve that goal, first bitcoin should start strong in January like trying to touch the $50k level, otherwise it would stay around $40k level.
The months left before the halving may not make enough impact for bitcoin to start pumping just how bitcoin performed in the last few halvings, so I guess $50k would be considered a higher range for bitcoin to reach.
The post halving will most likely going to be a huge pump that could potentially breaks another ATH.

As per the vote, most members think it will be above $70k, and that means who are going to at least double the price that we currently have. And realistically it's possible, just like in the last bull run, we went as high as $59k if my memory serves me right with the whole Elon Musk manipulation.

So we will see, we have one source to begin with, which is the Bitcoin ETF that could really bring a lot of money in the market.

Not just money but institutional, so it's going to be very huge in my opinion.

After 2020-21 phase, 2023 really gave us good hope about Bitcoins. Bitcoins really looking strong after this pump in December. 2024 has really set high hopes for us. I am expecting Bitcoins to cross new ATH price this year. I am saying this as Bitcoins have always followed a 4 year cycle to reach new ATH price and this is the 4th year. So I want Bitcoins to touch atleast 80k usd this year. Now let’s hope for the best.

We are already at the $40,000-$49,999 price range, and we haven't seen the 2 possible catalysts happening.
Acceptance of a Spot Bitcoin ETF, and the Bitcoin halving.

For the Spot Bitcoin ETF, there are many signs that a Spot Bitcoin ETF might get accepted as early as the 9th of January. I don't know where I saw this article, but it says that January 9th is the day that the SEC will release their decision regarding the acceptance of a spot Bitcoin ETF. This will be a catalyst for the price increase of Bitcoin towards $50,000 to possibly $60,000. If it gets accepted, it might create a domino effect and other Spot Bitcoin ETFs might get accepted in the future. On the other hand, if the Spot Bitcoin ETF applications will get rejected next year (which is highly unlikely), that might be a reason for the investors to change their sentiment thus, making selling pressure and pushing the price down.

As for the Bitcoin halving, I guess we already know especially for those who've been involved in crypto for a very long time that Bitcoin's price tends to increase a few months after the halving happens right? There's a high chance that it might happen again after the Bitcoin halving which is expected to happen in April 2024.

Overall, I'm bullish on Bitcoin, and the whole crypto market as well. I don't see any negative news that might push the price of Bitcoin down except for the rejection of a Spot Bitcoin ETF.

I voted $100k - The year 2024 has a lot to look forward to starting with the ETF approval in January, then stepping up with the Halving that is soon approaching, after that we will wait for the end of the year where the bitcoin price could be a bigger wave all because of my own predictions.

The fact is we never know about the future, but this reference is certainly looking at previous history even though this is not certain, I am just optimistic about how bitcoin will surpass $100K, and I see that vote is the most voted.

Of course we want to be in the $100K range next year but I always look at the history of previous cycles where when the halving occurs this year then the bullishness will actually occur the following year: like now 2024 will occur halving then in 2025 it will be bullish this is certainly in the prediction that I observed looking at the previous cycle.

What I said is not necessarily true but can be said to be close, even I saw on X.com after halving then wait 18 months to go to ATH again, well this is just a speculator but but believe how this history is.

2024 will be more events happening, this time different from the previous halving many investors have entered bitcoin from a few years ago so it is curious where waiting for $100K is the target of many investors even more than that.

In this 2024 after the halving, I expect the price to rise to as high as $100K. The price prediction in the first quarter of the year should be above $50K. The bitcoin price has been dangling and maintaining a good support and resistance area. By 2024, it should have breaking the resistance and we’ll see a move uptrend up to $50K within the first quarter of the year.

With the previous trend of Bitcoin I'm optimistic about the possibility that 2024 will be a year of unprecedented rise in the trend of Bitcoin price that we all crave for. Although, there is possibility of unforseen uncertainty that may result to decline in the trend which I'm not too sure but it's good to keep our mind positive in regard to expected rise in the price of Bitcoin in 2024.

I don't really see anything above or close to $70k let's say we're not expecting the halving next year with the current movement of Bitcoin price I don't think it would be a positive start in the first week of January 2024, and weather we like it or not it won't even get to $50k.
This last month of 2024 would have given us something better than what we're seeing, so without the expected halving next year I don't see Bitcoin price going any where positive. But if things were to be in a good shape with the halving on its way I'd rather say $80k before the midweek of January, let's see if the current slow movement of Bitcoin price would pay off next year, I mean if it will be higher.

If what you predicted happens, namely that it will reach $100K in 2024, then there will be a big surprise in achieving ATH in the period after that, which will occur in 2025. Of course, this is good news because it will be able to repeat the same achievement again in 2021, where the ATH will be several times the previous ATH. I think it's true what you said. We will wait in the first quarter to see whether it will be able to reach a significant value to spur it to increase according to predictions; everything will be determined at that stage. Of course, this is an opportunity to continue buying and holding bitcoin so that it can provide the best income.

https://talkimg.com/images/2023/12/31/IeLZf.png

The opportunity to vote on the pool is still open and I have done so by voting $50k - $59k for the 2024 price prediction.
Happy new year to OP and to all bitcointalk forum members.

The Bitcoin price chart in 2024 will be between $50k - $59k because December is at the end, the price is still at $42,664. I have already voted for 2024. I will wait to see what the price of Bitcoin will be at the turn of the year because the closing price in 2023 will be the historical price that will be compared for the following years.
Price speculation above $50k is too difficult to achieve, for me too easy if it happens.

$100k is certainly secretly expected by many investors, but I don't think any serious trader has chosen this target for 2024. It's more than %60+ above its current ATH, that's huge bro. BTC has made a nice +150% over the year, so a correction is expected to happen next year. In addition if one ETF spot is approved by SEC next year, many whales and institutional investors will join the market, and those guys don't wait to get +100% before selling you know.

Ideally I dont want the (collective) poll answers posted on the thread as public before people decide for themselves.   There is potential bias in every Poll question or any survey of views, obviously its common for people to want to agree; its true anyway the market will reinforce a trend.    

I haven't yet decided for the whole of 2024, I do think the longer term trends are good.  200 week is really hard to turn around and we were submerged for some time which is very negative comparatively.  Not often we have fallen that negative in the past, it might have been the longest duration for some time I forget.   Generally Im positive but way more moderate then most I reckon, when we have no bears at all its time to be a bit apprehensive I figure hence poll might be useful in that way.
  

Poll is open till nearly end January no rush especially.

I agree with OP about not posting a picture of the poll to avoid influencing people before they cast their votes since they will definitely change their minds.

I voted for +$70k myself since I am optimistic regarding the Bitcoin price in the long term. I don't think the price will reach that level before November 2024 but after that I think it is possible. Even if my prediction was wrong, I am pretty sure in the future we will see this price and way more.

Well 70k is good enough for me. I hope for that as a minimum.

But. I think we could hit much higher than that.

Since I am not greedy I would like to get to 70k and stay.

My dream 😴 is we moon to 200k but like I said I can live with 70k which is what I picked.

I am not sure about trading, they are just short-term when there is a profit opportunity they will take.
That's what we see throughout 2023 with ROI already quite high 150% who are those who sell now are already said to be very profitable but we see even more than 150% next year then wait a little more they will definitely survive.
SEC approved ETF? That is what many are waiting for if this happens to be approved in the near future then it will not be surprising that whale and institutional investors will join even if they don't wait 100% at least it will push bitcoin up.

Bitcoin ETFs will be a key player in determining the price direction for this year. If they are approved (which is unlikely), we will most likely see a price of $100,000 before Q4. Breaking the top of $69,000 is highly expected even if ETFs are not approved.

I prefer that we make a short-term Q1 forecast and assuming that ETFs will be rejected, this means that we may return to touching $31,000 before the price rebounds to $48,000.

https://talkimg.com/images/2024/01/01/I0qMv.png

If this is achieved, 2024 ATH will be $107,000 in November.

Since the Bitcoin halving is so close, the price of Bitcoin is still at the right level as early as 2024.  So this year bitcoin price will cross the peak at bitcoin halving.
The price of E-Bitcoin is constantly increasing so this year the halving Bitcoin price will surely touch 55k-60k dollars.

Since 2024 we are starting a great journey and the price of Bitcoin is currently above $42000. However, we expect that the price of Bitcoin is likely to move to a better position in this new year. Although most people expect the Bitcoin market to be above $70,000 in 2024. I believe this new year when bitcoin halving will happen, bitcoin price growth will be higher. And when Bitcoin gets ETF approval then definitely Bitcoin price will exceed maximum ATH.

I think, the price of Bitcoin will pump to $50,000 to $59,000 before the end of this year because we have seen a good results last year that gave many holders to prepared themselves very well for them to make a massive income in this new year. Many investors predicted for the price to hit back to $69,000 before the end of last year 2023 but the price of Bitcoin still remain in $42,547 before the end of 2023, and the market price is still very good for those that have a good plan for this new year to purchase Bitcoin and they can still make some passive income from their investment. This new year will be a good year to Bitcoiners but those expecting $100,000 before the end of this year, will still miss it like the way they missed it last year 2023.

The objective is not to display the voting results, but each voter provides an opinion based on their speculation so it doesn't have much influence.

There is nothing wrong with the choice at a price of $70k because this is just speculation that is close to your own analysis which can be strengthened for yourself without having to follow and imitate other people's choices.
I am optimistic about my option price between $50k - $59k if the price from January to December last year had strong support at the $40k level.

Optimism is good, you really deserve to maintain it. Halving will help the demand for bitcoin increase further which will automatically make the price increase, I am also optimistic about the price approaching the previous ATH of $69k. When halving is the reason, then I think $50k is too low to expect until the end of the year. There's a chance the price could reach $70k to $80k before 2024 is over, so stay optimistic until that becomes a reality.

And to be fair in the world of crypto, it's usually justified as well. I have to say that it's going to be quite difficult to handle something that would go down when you think it will go up. However, in the world of crypto, over course of few years, it always goes back up and that is the most important part, I believe that we are going to end up with something that would benefit everyone all the same.

As long as we give it enough time, bitcoin will go up, that is not just optimism itself neither, that is actually a fact that has been true so far, we have seen it go down as well at times but we have always seen it go back up ,and that is why most people believe that it will go back above ATH again eventually, no matter how long it takes.

I don't understand why the Bitcoin community in the forum doesn't say more than $100k, because the halving is coming and things are getting much better for this, that is , if I want Bitcoin to be in first place we have to believe first, I Understand that the last ATH was at $70k but the truth must be different, I could think that if it is going to reach more than 100k because just thinking about a new ATH is always above the expectations of We enthusiasts and all the time surprise us, just imagining that big companies like Microsestartategy Begin to make small purchases, the price immediately increases to more than $20k, then emotions are something else, people only buy bitcoin when it is starting to rise When the price drops, they don't buy , Instead of approving, but those who don't know do that.

I will always say that when it comes to doing other types of things like buying wholesale, it is only better, this way a better future can be guaranteed when it comes to raising the price, because I do believe it can reach $120k.

This year we will hit a historic high and next year a new price record (132,000 USD), finally returning to the new bear market and generating a lot of wealth by taking advantage of the volatility.

I can't imagine anything different from what I wrote above. The worst is over, maybe it can stay on the sidelines for a while, but the price will drop? Not anymore this year.

The year of 2024 has been initiated and its an year for which crypto investors were in wait because during present year halving will take place which will turn the worth of bitcoin to all the time higher worth. There is a probability that very soon we will see 50k$ because we are not very much far from 50k$. Everything can happen in crypto market therefore if ETF approval happens then probability will increase and bitcoin will go above 70k$ but the price of 50k$ is not hard these days as bitcoin is increasing day by day in its worth.

We do know that there would really be just two only possible ways or path that it would be taking on which it could neither go up or down or something that do talks about sideways on which it would really be just that normal considering that we are that dealing on an unpredictable market on which it would really be just that casual that those movements arent something that could be handled out so easily. We do know that there
would be no one would be able to predict out the market precisely on which if there's one then he do knows about the future. Somewhat if we do really just simply stick with our common sense and sticking with fundamentals then we do know that we are on this halving event year on which as we do go closer then hype and interest do increase. So what would be the possible situation?

The thing on here is that there were people or investors who are really that waiting for that one last dump before the market would be rallying up. Yes, it could happen but also it couldn't and there's no way on telling that.
This is why if you do saw about potential price increase then it wouldnt be that a bad idea for you to be at least having that position at the bottom and wait up for some
nasty reversal and that bull run period.

Basing in the votes , there are less account that believes Bitcoin will hit or get over
100k but  yet there are more that believes bitcoin price will make another ATH from 70k and above ?

How would I love reading this , bitcoin to make another ATH this 2024 and the best part is
that bitcoin will create the historic hype at 132k? maybe till 2nd quarter of 2025>?

You went too low in your voting options, Bitcoin can't know $25,000 in 2024 even if it hits $30,000 which I don't think is possible either. For the year closing price, I see it closing above the current ATH and I am kinda certain that it is going to be above $69,000 at the end of the year as all tables are turning in the favour of the coin. Even the chart patterns of the higher timeframe are in its favour, this will happen until they start changing, but that can't be earlier than next month, which makes me believe that Bitcoin will have positive behaviour this year.

The ETF is so anticipated, and so is the halving, the two will cause some positive ripple effects in the market when the time comes. But if ETF fails and disappoints people, it is only a matter of time before Bitcoin overcomes the bearish effect that could be caused by it and starts climbing up again with the level of FOMO that would be created in the market due to halving expectations and the relating headlines that will be flying all over the internet to cause the positive sentiment in the market to be rekindled.

Everybody is expecting a new ATH for bitcoin after the approval of the ETF. This news has a major impact on the price but breaking its previous ATH i think we need something more than that. Let's see how the market reacts to the upcoming events of the ETF and how the SEC deals with asset managers. They will eventually approve ETF but if there is more delay then it will create a negative sentiment in the market and we have seen how the market will react in any kind of negative news about ETF.

Thank you for this trail of opinion.
I still believe in the four-year cycle. In a Bitcoin price prediction poll in 2024, the price could reach $50k and higher than $50k. The opportunity that the $50k price is already visible is very close to being achieved because 2024 is still in January.
There are still 11 months to go until the end of 2024. If in the next week the ETF is approved, I believe 2024 will be the year of ATH for Bitcoin.
Thank you from me.

It may take a long time to see such a large price, because speculating on the price of Bitcoin based on trends and market conditions is not a guess that will be more accurate on target. Because when there is an increase in prices, everyone must also take into consideration the level of correction that can occur suddenly in the market even though the upward journey will continue in the Bitcoin market.

Since the end of last year and the beginning of this year I have also seen more resilience and continuous price increases so I also don't think that this month there will be another decline in Bitcoin prices. So everyone can expect further improvements, although not in the shortest possible time because it always takes time to see the evidence.

I saw data in several threads about bitcoin's ATH this year, but this is my own perception that bitcoin will not be ATH this year but in 2025, three times how the data shows halving then in the following year ATH, once if you look at the previous data history but anything can happen because there are different situations given the current trend.

The price you mentioned is not too big this is quite reasonable if you choose that number as a prediction where the ATH is that much, honestly if it happens then my expectation is more than that because by setting it at $100K month is high enough but the multiplication towards ATH is always unexpected even more than that.

The way the whole crypto space is depending on the SEC to approve the ETF makes me wonder if this doesn't happen what will become of the price movement because I know with my little knowledge that the SEC and EFT approval has been something of ON and OFF and still yet all these years the price value has gone up even without them approving the ETF so am being optimistic but I do have it in mind that this year, Bitcoin is certain to touch 60k++

There are no guidelines for speculation and predictions outside, for now it is quite varied, I think there are a series of hallucinations regarding Bitcoin prices for 2024, because there is an ATH phenomenon that will occur, but in my personal opinion and my personal speculation, for 2024 I can assess the price of Bitcoin beyond the levels I quoted below.


So this year's halving situation, my assessment is a little different from previous years, of course I have reasons for that, one of which is war and the global crisis.

Conclusion: for my vote Bitcoin breaks to levels above 70k.

From the look of price of bitcoin come this year 2024 its not something that we will stand to predict a particular price of bitcoin because it's very obvious that price of bitcoin have no particular or a specific time we can say that it's the major time of bitcoin price, from the look of things bitcoin doesn't have a specific price.

But one thing is that many people who knows the rudiments of bitcoin can not predict that this particular poll will be base of bitcoin of bitcoin, so therefore bitcoin price have it's way of increment and I believe that the price of bitcoin will directly land to the direction of the market because it's the market that determine the price of bitcoin.

Will the absence of an ETF slow down bitcoin movements and not be in line with what is usually done? Of course, Bitcoin will still be able to continue with the habits that it has developed so far. but with an ETF, it will clearly make an additional contribution to the more Bitcoin gets an injection of strength, so it is likely that the ATH that is formed will also be fantastic. However, currently everyone is waiting for the best news about the ETF, even though I am sure that Bitcoin's movement towards an increase in time will continue.But whether the postponement of the ETF will have a negative impact, it is clear that it could happen because any sentiment will always contribute to every bitcoin movement. Even though in the future bitcoin will always be able to move well, always be optimistic.

Bitcoin investors have increased more than ever and now it is always being analysed. The approval of the Bitcoin ETF will certainly have a big impact on the Bitcoin bull market, but there is no word what effect it will have once approved. All crypto traders are using different strategies with this. We may not see its reflection soon, but we are on the brink of a bull run. Many of the forecasters are predicting that the market will show a significant uptick in 2024 but if not this year then we will have to wait for next year 2025. As 2024 has started this year we will be able to see a significant progress of Bitcoin and crypto market.

The impact of the approval of the Bitcoin ETF has actually been seen slightly in the market in the increase in the price of Bitcoin which almost touched $50K in the last few days. However, this is only the beginning and there will indeed be a bigger impact on the price of Bitcoin as time goes on this year. Because this can also be triggered by the halving this year which can make investors continue to be mobilized to buy more Bitcoin in the hope of bigger profits after it happens.

Or maybe it's price-in? Or there could be manipulation on this news that why it almost pushed to $50k but then the market goes on a correction to $42k-$43k. Or maybe there is no impact at all and we need the news to settle down first before seeing any effect.

But in any case, this is a halving year for us, and definitely something big is going to happen. We just need to wait and see this April after the halving and not look as the Bitcoin ETF as the one who will start the bull run. It's just another factor to push the price though.

I agree with you, most people's predictions on the forum always revolve around the number 100k, I rarely see anyone talking about higher prices. While the previous ATH was $69k and the gap to $100k is too close to reach, are people slowly underestimating bitcoin's growth?

For me, I even believe that with major events this year, we will have a super cycle and bitcoin may even rise to 150k-200k. And what's more, we will see many altcoins grow 100x or 1000x, I have a feeling that the upcoming bull season is going to be huge.

2024 price prediction it surely gonna hit the last All time high which is 60-69K level and stay at that level unless there is another good news comes from the real world finance industry or other industry as well.
The ETF is approved and bitcoin seems dont react much about it I dont know why maybe it is because still at early stage but I would consider this as a good news.

After halving to create new ATH usually bitcoin need at least 6 Month or 1 Year and my prediction for the ATh is 100K but I think it would happen on 2025 Q1 or Q2. 

Obviously, that's what is to be expected this year and the next, we will see a new all time high, majority is hinting at $100k at least, a conservative estimates as the cycle might continue for this year. It might be like 2.5 of the last ATH. But we will see, the last time we predicted a $100k, it wasn't able to get to it as we go to $69k. But it could be a different bull run right now as we have the Bitcoin Spot ETF right now, that might push the price.


It's usually months after the halving that we might feel the effect. And then investors being bullish are going to push it, going parabolic and maybe in the last quarter of 2025, maybe at least $100k is going to happen.

Yeah I would agree with you I think the 100K is an easy target for now many companies joined the crypto universe. Adidas Nike and other clothes company make nft the play to earn and traditional studio like ubisoft started to cooperate.

the ETF is approved I'm bullish that the price is going to hit 100K in 2025

Your predictions for 2024 and 2025 are still very reasonable unlike how many would be calling figures as if Bitcoin is one asset that will always move higher without any factors that will make it be accountable. For it to have been on the frontline in the financial now, there would be a limit to what it could do, not like before. Aside from that, I know that with the next halving which all are expecting now, Bitcoin could reach $100,000 and higher, so your $132,000 in 2025 is still very realistic and it is very possible that Bitcoin can get to that level (give or take) which is still very reasonable to me as well in all sense of reasoning as the FOMO coming next will be so strong and will continue to attract buyers for at least a year. After the buying of the coin for that long and the creation of another ATH, Bitcoin will slip back into its bearish cycle and we might be seeing it go towards $40,000 or lower within a few years before it starts buying again and the cycle goes on like that.

After the halving, we'll probably see bitcoin return to the 20k price range again either because there's something negative will follow or just the pattern that always happens after halving but it's not really a bad thing because that means that there's a lot of good things coming that will eventually lead to big profits, think of my mindless and baseless negative prediction as positive thing especially if you're like me that wants to maximize their bitcoin value by the dollar that they spend to buy it, I mean if I had the money back when it's still around 19k, I don't think that I'll passing up on that opportunity to buy at that point.

There is no doubt that we may see some sort of market corrects and fluctuations but TBH $20k looks bit scary though we were trading at $20k last year. Incase if Bitcoin down down to $20k or less, forget about $20k even if Bitcoin goes below $30k it would create chaos in the market as many would be panic selling and that's the time we need to capitalize and buy more for the expected bull run of 2025 where we are expecting Bitcoin to achieve new ATH, possibly breaching the $100k landmark.

There will always be many possibilities, and Bitcoin always makes sure that habits that have been done will be repeated again, as well as improvements that will be repeated before forming a renewable ATH.But regarding ETF, I read from a capital market analyst that this will have a big impact on the movement of bitcoin, and he estimates that it is not impossible that bitcoin will be able to reach $150K to form a renewable ATH. Will it happen?But if you look at the previous ATH, of course there is no need to doubt this, and I also believe that we are waiting for the end of this year to reach Bitcoin to be able to push towards achieving a renewable ATH in 2025.

I haven't decided yet if I'm going to vote for $70k+ or $100k+, but I think this is the year where we should definitely expect the price to reach those values. It should be taken into account that the effects of the halving usually start to be visible after some 6+ months, which means only somewhere in October and later, and accordingly, I personally expect the price to at least double by the end of the year compared to today.

However, one should not completely lose sight of the geopolitical-economic situation in the world, and the fact that this is a very specific year in which around 4 billion people will be able to vote in various elections. In some countries, there will certainly be changes that will possibly destabilize the world, and Bitcoin is to a large extent part of the global market and we should always keep that in mind.

We cannot say that it is impossible for bitcoin to go down to 20k$ because every coin will face dumps and pumps but as halving is near and market is going to increase in worth then I think that now it will go above from the current price of 41k$ but will not go down to 20k$. Now the time is to achieve the target of 70k$ to 100k$ so halving will turn lower worth to higher worth and we will easily get good revenue from it.

But if unfortunately such situations occurs as according to crypto nature everything can take place and a coin can fluctuates rapidly then we should be mentally prepared for such duration and should accumulate more money to buy more bitcoin when the price is at 20k$.

Every coin will face a dump but Bitcoin is not every coin and the season of its price down trending to the $20K is over. Besides, I don't see it happening in the next 2 years but this may happen when is the blood bath market due to the advantage of buying which GrayScale, Fidelity, and others will want to get before the year 2028 halving.
Nothing is impossible but some things can't happen for sure. You can verify what I said through the market greed level.

We cannot predict prices with certainty, but at least we can predict prices for the next year by summarizing several recent market events. We know that the current market has experienced a high correction within a week, but we cannot be pessimistic because we think the market will bleed after the halving. There are several indicators. indicates the bear market will end soon after the halving and I remain optimistic that the crypto market will reach ATH this year.

Bitcoin price improved in 2024 but after some time since halving is waiting we will see some part of this bitcoin price. A buying season for investors is the reason why Bitcoin price fell before the halving. As many investors will buy these bitcoins during dumping price and after halving that investor will own massive benefits. This is why 2024 is a good time to invest in Bitcoin.

I believe in that as well. however, I think that this year ATH will not be the general ATH for all the upcoming bull cycle. I guess, the true ATH we will see the next year, when the confidence that the bull run is here is much stronger and more audience will be accumulated around crypto. This will push the trading volume up and the capitalisation will continue to expand as well, which will have a good influence on the price.

If you look at the cycle that has occurred so far, I agree that ATH will be formed in 2025, not this year, because now we will enter the halving era, where the movement will slowly increase. The possibility that this year could exceed the last ATH is very large, coupled with the influence of ETF acceptance information, which will clearly create an impetus for increased enthusiasm in bitcoin trading, so that some capital market analysts predict that the new ATH that will be formed could reach $150K. Although it is possible that the analysis may not reach the target This could be the same as in 2021, which predicts ATH will reach $100K, but this news is certainly exciting for us to continue buying and holding bitcoin until the time comes.

As far as I remember, those predictions about $100K in 2021 were made while the price has been already much higher than the previous ATH. The bull market was blooming and the expectations were very overheated already. I guess, that was the reason why we didn't see $100K. But the current situation is different. Predictions about $150K are being made while the bull run isn't here yet. It seems more like a target now, then a ungrounded wish, like on 2021.

Based on the estimated countdown, the halving will occur in mid-April and we will review 8 months after the halving to see the dynamics of bitcoin prices, will it be able to reach ATH this year or will 2025 be the year that is expected to reach ATH, we will not be able to predict the price of bitcoin with certainty but believe that the ATH will be reached near the price of $100k, the main point will be assessed on the certainty of approval regarding the ETF because the approval decision can change at any time and we will not expect that to happen because it will affect the progress of the bitcoin price to reach the ATH.

That's right, friend, the effect of the ETF approval may change, and that is normal because of a policy where each policy will be adjusted to the situation at any time, but at least now it is good news that can give confidence in Bitcoin to be able to provide more encouragement than before. usually. The halving era is only a few months away, and there will always be surprises that occur before entering the halving era. Whether this will happen now or not, of course we will wait for it in the next few weeks. But I am more confident that the renewed ATH will happen at the beginning of next year. Even if it finally happens at the end of this year, it means the time is a bit faster than usual, but that is not the most important question. how much will the final ATH be achieved? That's what to look forward to.

Speaking honestly, let's estimate prices.
There are some seasons when the market price uptrend is certain which we call the halving effect. The market's actual price can't be predicted but the market uptrend movement can be predicted.
The current market doesn't experience a high correction. On the 11th of this month, the price of BTC was $47K before it downtrend to $40K last week and you consider that to be a high correction?

Like others(Majority of voters) I believe as well in breaking 70k finally  , because we may
end the year floating in that ATH because 2015 seems to be the All Time High recording , but yeah
there are much help from the Bitcoin ETF to help pushing the market so high in the coming months
at least until December.

Bitcoin halving is in 2024, so bitcoin price is at a low point to invest in bitcoin halving. There is ample opportunity for investors to see Bitcoin prices fall. Now that the Bitcoin market has reached $39,650 and the price of Bitcoin will improve further in the future. After the halving in 2024, Bitcoin had a massive uptrend, so expect this 2025 Bitcoin to improve. In 2024, the price of Bitcoin is likely to reach a maximum of $60,000.

That is a picture of the future process, only today there is a slowdown in price movements because large institutions are selling some of their profits in the past.

More preparations will definitely be discussed and long-term holding again if we were too late to buy during yesterday's increase after the ETF was approved because we don't know what will happen like today.
​
A potential reversal to the price of $37,888 is still very vulnerable to occurring.

For the most part we are right that bitcoin is a risky currency as I believe that after bitcoin Halves when the market is going down it will definitely go higher. A good opportunity for investors to hold bitcoin is if the currency's value falls. Bitcoin is acting as a growth tool in the crypto market and we will see a huge pump of bitcoin in the future.

Seeing 19k in your poll and the possibility of 2021 decline happening gives a reassurance that anything is possible in the cryptocurrency market. I was so baised when I thought that after ETF approval, everything will be greenish untill the bull run. But just see the reality that things are falling apart already in the market. It seems that we need to prepare for the worse this that the market is bleeding, it might continue in this downward trend for a longer time thereby pulling everyone from the bullish to the bearish phase

Realising that bitcoin is a risky currency as you said is one of the safest things that everyone should know. No matter promise of good return in the future, you could also be ruined on the short run if you do not make decent calculations on your Bitcoin holdings. I think I have make some terrible mistakes about my buying and selling .

if you don't know that BTC investment is a risk, you better know it now that BTC investment or hodling is a risk but the moment you embrace the risk and invest that money on BTC and hodl it for long periods of time before you can sell, then you will know that BTC investment is the best risk you can take to increase your wealth in the future.

If you can be able to settle down and buy BTC in this bear season, you will surely see the growth of BTC in your hodling because the price will reach $69k before the end of december 2024 for investors to grow their profits.

Every business is full of risk but we should not run away from risk but should work to tolerate and overcome this risk. Bitcoin investment is more risky in past but now the risk is little bit reduces may be the reason is trust of people in bitcoin.

Bitcoin price is now 41k$ which means that again it is increasing as previously it went down to 39k$ but now people have firm believe that every dump is an opportunity and every dump is temporary.

In the year of 2024 it is possible that bitcoin will get the value of 70k$ because every year we have experienced more increase in Bitcoins value and success. I think this risk should be taken by all holders because there is no better coin than bitcoin and there is no more stronger coin in whole crypto industry which become more successful than bitcoin.

Iam almost at the point of failing to vote in my own poll, closes on Monday.  This is with good reason, I would much prefer we close above 43k to call us in recovery not just a blip up in a relief rally from out running a short term downtrend.   We can still hit our head again while standing up and lose our positive action seen today, I hope to form a better opinion not just guess so much but I know roughly where my opinion is for the year overall just as '23 I figured would be a year of base forming.
  I'll vote now and if I have to change I can, just in case I forget later and it closes that'd be tragic for me :p

It is difficult to make predictions in bitcoin, because this year we have had a lot of action, at the beginning of January we saw that the price was Expected to be something big, because we believed that the approval of the ETFs was Something that we were going to see Bitcoin in more of $100k , I'm still waiting for it, but there are many factors that we are looking at, that's why when we see the most viable things, it can be Predicted that we are being very effusive about what would happen, the opposite of what we expect always happens. Everyone searches and believes, that's why when we are making any movement we have to consider whatever it takes to be able to be well and work, I think that this year it will reach $100k, but it won't be all at once, I think it will be after Halving.

At Halving things can be very different, because it can rise, but not all at once, like last time because after Halving we had that good rebound that Reached almost 70 thousand dollars, It may be Repeated, it is within the Possibilities.

We have passed the year 2023 in a fairly good position. By 2024, Bitcoin ETF were approved and the Bitcoin market boomed. After the Bitcoin ETF was approved, the Bitcoin market moved to $48,969. From $48,969, the Bitcoin market slowly moved back to $38,555. Currently, the Bitcoin market has recovered somewhat. But all in all if I predict the Bitcoin market in 2024 then I can say that Bitcoin can stay between $50,000 and $59,000. Then maybe in 2025 the Bitcoin market may create new ATH. Forecasting though based on a guess I made my guess without knowing if my guess would be correct

I would say that ETF is at a neutral pace currently it is because Grayscale decided to dump Bitcoin a lot but the others etf like BlackRock are buying a lot. and after the news, it seems there is not much big impact on the price as well.

With or without the ETF Bitcoin might can still manage to create a new All Time High maybe at the end of this year we are gonna see the price at the previous ATH but 150K with etf is very much possible

Votes are showing how confident and positive our community here as the votes stands Either 100k and the winning votes so far is above 70k means bullish market is expected this 2024(but others said it will be 2025)
Waiting for your analyzation and speculation before the poll ends so maybe this will add flavor to those planning to either buy more or sell then,.

that is a good twist , I am suspecting that these big companies are playing with us and I think there are more to come in our way because of these circumstances .

Exactly as there are so much expectation about ETF bringing to the Bitcoin but we have seen so much increasing in bitcoin even without this scenario so we can still have our days with or without the help of big boys from ETF.

Everyone certainly knows that Bitcoin is indeed the best, but we don't ignore the many altcoins that have potential and have been able to provide profits for those who hold them.
Looking for investments other than Bitcoin is certainly not wrong as long as you do it well, and altcoins such as ETH, BNB, SOL, and ADA can also be profitable.Still, the main thing is bitcoin, and I agree. Hold it until the time comes to increase, then let go.

Bitcoin is sure to see a huge pump, as you can certainly guess the schedule if you look at past Bitcoin halvings. The last bitcoin halving was in 2020, the price of bitcoin fell in 2020 creating opportunities for investors, and in 2021 bitcoin rose to a peak of 69k. And we can follow the same principle in 2024, 2025 Bitcoin price will increase at the highest speed. But here we can predict Bitcoin Price 2024 Bitcoin price can definitely go upto 50k.

Almost all of the predictions lead to an increase exceeding the ATH made previously. Of course, this is something that has great potential if it is true, because it is possible that the renewable ATH could lead to a significant and not impossible number of times.Of course, there is the opportunity to immediately buy it again and hold it until 2025.

It cannot be denied that ETFs will indeed provide an alternative and, of course, encourage an increase in Bitcoin itself, even though initially there was a correction, but only because of a momentary panic, and now it has recovered.

Talking about the past halving how the price of Bitcoin dropped in 2020 and got up in 2021, what if we have something different where the price goes higher than we expected in this 2024 and start dropping by next year 2025? To me I feel we might be having a reverse in the movement of Bitcoin price because the price started dropping since last year (December) and is still not stable at the moment.
Today you'd see it at $43k in less than 30mins it goes up or down and it got me thinking, why is that happening? And I feel this is just the perfect movement it needs to start going up and with time it would go beyond $50k.

I know the hype of Bitcoin ETF is everywhere dude and everyone expected a huge jump after the news is released but it turned out nothing happened to the price instead it went down  ;) what a twist.
But you know big companies like Grayscale, Templeton and Blakcrock has huge money to pump and dump the price so yeah they can playing with the price.


I know right with ETF approved is just a bonus and I do believe the bitcoin can still manage to pump by the end of this year.

No doubt, Bitcoin will pump in the future and we will see significant growth in the market, this is also what has been keeping so many investors going, if not, a lot of people would have turned their back on Bitcoin. I think the halving has done so much for the coin than people are talking about, the halving has been the hope rekindler for it, if not, it might have been terribly affected. Imagine how Bitcoin had performed at times when it would be almost dead, but in a fast twist of the event, it would bounced back and will continue to rise significantly to the extent that it would move in multiples of the price at that time. This often happens when halving is near, it knows how to bring the FOMO back to the market.

This is expected again this time, but before this happens, a whole lot that was not foreseen could happen as well, which is why we have to know the best place to liquidate if possible or continue to buy the coin. As for me, the asset will close above the current ATH in 2024, so it will be appropriate to buy it anywhere from now, only that the investor might want to DCA if he is afraid, and this is for obvious reasons as no one will certainly know where the coin will hit before halving. However, if you know how to read the market chart so well, you can continue to buy to bullish detection.

I think it didn't really drop in 2020, it had a dropped period, but it wasn't all down. Sure it had a small drop period, but the year started with 8 thousand, and went over the previous ATH (of 2017) and went to as high as 24k during that year, so that's when we broke the ATH price. By logic, if that still happens this year, we may see a little drop, but also we could see above 68k by the end of the year, maybe even more.

This is why it is quite important to know what you are doing and how you could profit from it. I get that it feels like sometimes it is not really all that easy to handle, but it is quite important to realize that you could make some money from it, there is really nothing that would stop it from going higher and higher this year.

I officially couldn't decide on which to vote, we didnt especially elect a direction in the BTC price action.  Its still wavering today and cant be sure, however I would assume positive action and I believe 2024 is a positive year for BTC.  I voted just below the ATH as a range which is far too conservative an estimate by many peoples reckonings it looks like.

   The last moment idea I had to put in 100k+ was very popular and people really think this year is the sling shot year where we attempt to enter orbit and break free of all this negativity.   But we had like 15k trades on BTC in  almost a year ago, wouldnt going from 15k to 115k make BTC dangerously volatile I reckon it takes some more time and if we do thats actually a greater positive to allow the market more time to adjust.  Its not just the price but the capitalization of BTC vs other secure assets which trade globally in exchange for trade etc.  its all a competition.


The year was overall actually mostly positive, the spike down in covid news was still above the low of the last year.   That point is important for future direction that the worst moment is still an improvement counts as a good clue.

So if we're to expect the amount to be above $68k then why is it difficult for it to go past $40-45k? I don't even think it can make it past $68k only if we get a positive start. Honestly the price movement is not convincing at all and if I'm to bring this up, whenever the price is high we see the fee as high as it can get, isn't that going to be a problem for both investors and traders? Is like we shouldn't hope to see the price of Bitcoin get to that $68k or the suppose $100k because is causing business to be unhealthy.

Bitcoin Halving in 2024 It is normal for Bitcoin price to remain under control this year. Bitcoin price will not increase much in the halving year as we have learned from past halvings, the highest increase in the year after the halving. That's why this year 2024 is the year of investment, the more you invest, the more benefits you will get.

I don't think we have a specific year of investing and come to think of it, do you think with the dullness of Bitcoin price since the end part of last year till this very moment that there would be benefits and much investment?
I feel investment are going to be put on hold if not slow because is like the more you invest you lose more than what you're expecting. This year's halving might be the major cause of all these, I don't see much people investing, until this problem (high fee especially) is fixed that's when we'd see much investment and profit, this year might have a poor BTC amount.

Poll results are quite top heavy with only about 6% of people voting to estimate we end 2024 with a lower price then currently.  So generally we think BTC is of a good value to buy at present and its just a case of enough people buying to push up the pricing.
  My current take on price action is indecisive with less ammunition for this thread so at midnight gmt I will lock this thread as some time capsule of sentiment &  we can then comment later and capture the mood after any further progression in BTC price action.
  We seem to be oscillating back and forth at present, not giving us really any further info to the end year pricing.  I do think this hold pattern equates to bullish accumulation rather then a negative but definitely we can trade downwards, that would be the more interesting course to take perhaps BTC can be even stronger after some fire and hammer blows in the forge :P, rather then straight up.

Thanks to all who voted, stated their best guess  8)

Good time to unlock the thread with the developments observed YTD, multiple reasons some obvious or not.   Price moved significantly, the chart is a NASA rocket launch looks to me   8)

2nd reason we had some time to digest year start, apparently it was good fuel for this rise now which I believe is not to falter especially.

3rd reason personally at the end of Tax year as we approach in days now I tend to think it changes the mood of BTC.    Some people may sell some BTC to realize gains, file that against current year taxes perhaps.  Its just a guess by me but I usually expect some extra orders to sell to filter through from holders chipping off BTC.


Another 3% today, I was going to assume that flag formation we had on daily bars was positive resolution and it appears to be true so far.   Does anyone want to change their vote going on this extra positive BTC price action we've had ?   People were already looking upwards, I only guessed in region of ATH or actually below that in December, do we sell off before year end now or not.

If you are asking about selling, I still see a very good price increase in Bitcoin right now, so I don't think selling now is the best option to do. Because as long as you can still get Bitcoin and sell at a higher price than now or at the new ATH price, of course what you have to do now is wait again and hold on to Bitcoin. Currently Bitcoin is at a price of over $66K which is close enough to $70K so I have the thought that holding Bitcoin would be the best option rather than selling it now.

I missed this thread before and didn't have a chance to vote but if it is reopened now, I'm sure that not only me but the majority of people will choose that we will have a new ATH this year. But the question, whether we will be dumped before the end of the year, then I don't rule out that possibility. I mean bitcoin could make a new ATH and after the halving there will be a dump but it won't be too big, and the aim is to cause panic and make people sell their bitcoins. But then things will soon get back on track and we enter a real bull cycle.

For those who think that bitcoin has gone too high too fast and needs a correction, they must know that "This Time Is different" and this difference is due to the ETF demand and believe me no indicators would work in from the institution's demand for bitcoin.

I would suggest everyone to forget about the past bitcoin cycles, and forget about the Bitcoin dumps as if you sell your Bitcoin now, you may never be able to get back in. I think we are not going to see a big dump the price will keep on pumping I don't know till when. Also, the is not the pre-halving pump and post-halving bull run hasn't started yet (they why we see the altcoins hasn't been [performing as the bitcoin). This is pure ETF demand and those who are buying, they have no intentions to sell or make short term profits. All the previous theories and technical indicators will fail in front of the ETF demand.

Bitcoin price still potential increasing few days later and not good ideas try to sell right now although success raise over $66k, if you can't hold you won't be rich and its the right quote from former Binance CEO looking with bitcoin potential hit more higher price when getting closer with halving.
I don't see has any possibilities when selling bitcoin right now current price over $66k has chance to buy back under $60k or more dropping until $50k because bitcoin will hit over higher price.
Hold awhile until two or three weeks later before halving time, if you want earn much profitable don't make your self want to sell with not really bigger profitable current bitcoin price today.

The season investors have been waiting for has come and many crypto investors are making money from their investment because the price is still increasing to break record in this year 2024 that will make investors to live to remember the good results they achieve from this season.

We have seen above $68k in this month of march which there is still hope that investors will see more than that before the end of 2024 because, a lot of things have happened for the favour of BTC and crypto price to continue increasing for investors to be expecting $100k before the end of this year.

Those who are hodling have every chance of getting rich like you said but it all depends on what that individual in question is doing like does the person have something to keep him covered for a long period of time before selling? While hodling it takes a lot of patience not to sell, although is not everyone who think of selling and with the current price of Bitcoin $69k I feel that those who have started hodling a long time ago will profit a lot since we're getting close to the halving period.

With the achievement just yesterday, where the 2021 ATH has been exceeded, and it must be remembered that the halving period has not yet occurred. Of course, this is the season that investors have been waiting for, and you are right in saying that, because the investments that have been made will produce huge profits.

I think that before entering the halving period, which still has 37 days remaining, there will be a surprise that Bitcoin can do. $75K might be able to do it.
It is clear that by the end of the year the growing predictions will be able to reach $100K or maybe more, so that entering 2025 will be able to create new surprises.

Seriously, like I actually had to make it bold, I never expected to see a comment like this, How do you mean they won't be much benefits from investing, I thought the best time to invest is actually the bear cause you get to bug at more cheaper amount and how woudl you get 2x or 4x on your investment if your not buying low, but whatever your so wrong bitcoin is doing well and have given a lot of people double yo triple their investment and that's good profits and from the looks of it we are not over yet, although I'm speculating a consolidation soon, maybe back to 59k or maybe around that range before the halving or after, I just felt bitcojns need a little rest before continuing the journey.


High gas fees shouldn't affect anyone that really wants to invest or hold all you have to do is buy bitcoin in your exchange and accumulate until its up to 100$ and above then move at once to your storage wallet ghats if YOUR DCAing but if your a regular lumpsum or dip buyer then that shouldn't be a problem either unless your buying such a small amount of bitcoin.

Opinions among forum participants regarding Bitcoin's price movement this year are, as always, varied, although generally optimistic as its price has risen since October, when the price was at $26,000 and reached the current $72,869. The current price situation is unusual due to the approval of Bitcoin ETFs and the continued demand for them. It is this demand that will determine further prices in the cryptocurrency market. Spot Ethereum ETFs may also be accepted in May. If this happens, prices will continue to rise. But logic dictates that there will be no strong increase in the price of Bitcoin before the end of the year. Only from the end of the year and next year the influence of the April halving should already be felt.

Bitcoin ETFs approved, Bitcoin prices hit all-time highs. Before the halving in 2024, the price of Bitcoin will increase so much that no investor could have imagined. So Bitcoin price hit a high of 73,6k, Bitcoin price was a high of $69k in 2021. But it broke 2024's record and set a new record, and the halving is only a few days away so this is the highest bitcoin price for 2024.

Looking at the results, it seems the majority is correct in predicting that we are going to hit above $71k. But for me this is just the beginning, we are not even in the block halving and yet we have established new all time high already.

So we might be seeing $100k at the end of the year. I remember the last bull run or at least the halving year in 2020. We never thought that we can crossed $50k at that was the prediction before. If history going to repeat itself, I have no doubt that 6 digits is going to be reach this year alone and in 2025, another parabolic rise and we see the all time high for this bull run.

The Bitcoin Market It is beyond imagination that the price of Bitcoin rose so quickly in March. The highest growth and new record was created which is much higher than 2021. This year the Bitcoin ETF has hit a high of $73,000 due to the approval of the Bitcoin ETF. There is little chance of further growth at present as the halving is already only a few days away. So it is very likely that the price of Bitcoin will go above $730,000 in March this March.

But we also have no guarantee that after the halving bitcoin will definitely continue to go higher. Since the ETF was approved, the market cycle has broken down and I see things becoming more unpredictable than we thought.
It is true that bitcoin hit its ATH before the halving and most of us were happy to think that the bull season would come sooner. But having an ATH earlier than expected is no guarantee that bitcoin will continue to conquer other all-time highs. Has anyone ever thought about the scenario where bitcoin will enter a bearish cycle after halving?

I think with how price has moved ever since the ETF spot approval, price has really gained some momentum to push up from the 40s to where it is now and prompt crypto users to get those $100k price predictions in, but unfortunately price seems to be finding a barrier around the 70K region which means we have whales selling around this region and not until we see 80K....I think price will keep being repelled here as this is a strong psychological price range.

Yes, and I would also add, that it is not so beneficial for most crypto market players. Most traders and long-term investors expect the price to rise significantly after the halving. And historical analysis shows that the price gave 3x, 5x and even more in previous cycles. Such a rise is much easier to carry out while being lower, at a price from which it is quite easy to start. And don’t try to make 3x from the previous ATH. For this reason, I expect a correction before the halving, which seems to be started already.

Its nothing of much concern now since we are moving fast ahead to halving, we should be expecting more to come in subsequent days coming, the market is goin to be more bullish and we are still going to see the resistance to bullrun taken within a blink of an eye, i wont say that the influence of bitcoin ETF doesn't have effect on the market, but we should also considers that without ETF, the market will still pumps and for a new all tie high, just that this may be after the halving than when we had it before halving.

I don't think it's about the ETF since the price were declining after it. I think the ones that is responsible for the rise that we see is the BTC halving because we are now getting closer to it. Before we get to $40k and above, I already saw a lot of people who are predicting for that $100k per BTC, though IDK maybe some forgets it already because we have been idling sometimes, so what you are telling there is still true that the recent rise can act as a reminder to them.

To find a barrier seems a good thing, so that it will not be possibly affected by the threats and other hazardous events. If there are sellers, I don't think whales are going to be the first and if they do, the price will dumped heavily.

I don't get your point.  ???
Bitcoin reached ATH wasn't caused by ETF market. ETF market is probably just one of among many factors.
I think you misunderstand about the Bitcoin ATH.

Why do you think the price won't increase more when it is nearing the halving?
As far as I know, halving is one of the factors to trigger Bitcoin price increasing significantly.

Are you sure about the price $730,000?
I don't know about the further price, but people must expect it can cross $100k.

ETF definitely seemed to ignite interest, it doesn't have to be direct exactly but allow a wider market to access BTC and also the news itself gaining attention I think that was something that helped the trend.     I always look at market pricing as a balance and anything which pushes the balance to positive or negative can be a tipping point; people then notice the positive bias and dive in to amplify the effect.    Because of that noticeable speculative effect, BTC price tends to over do itself so we can expect a pullback hence right now its all in line imo

A push forward, now a pullback and eventually we accumulate and rise again.   Seems we have more time to wait for a positive phase to become more obvious.   I will lock this thread again at end of the forum day because its Year end guesses - just until an interesting thing happens, I imagine sometime in April we get a movement past the range of March.    

Still can we guess higher from this 65k BTC price now upto Year end or is it sideways or down from here, I still imagine negatives that are possible.   Always wider world news can be negative, etc.   overall I'm bullish and I believe uncapping the ATH like this leads to more sooner or later, for now its fizzled out some.

Someone actually voted that Bitcoin would be below $19k at the end of the year. Well, it is possible and it’s only just an opinion, but unless some really negative news happens and affects the crypto market at large, I don’t believe that is possible. I’m guessing it could be $60k - $69k, maybe because it has spent too much time already in that range? But the truth is that it isn’t easy to predict because almost anything could happen.

 I think the poll should have lasted longer since it is about the end of the year (which is still distant).

I remember and I see here I made predictions for 2024 here and polled voting. I voted that Bitcoin could stay between $50,000 and $59,000 in 2024. But here my analysis failed Bitcoin this year 2024 came in March the highest growth and created new ATH in the market. The new ATH that created the market was before the Bitcoin halving. So since new ATS are created in the bitcoin market before the bitcoin halving then I think if the sire run starts in the market after the bitcoin halving then the price of bitcoin will create new ATH again. So looking at the current market and the pumping of Bitcoin, it looks like Bitcoin will cross $100,000 in 2024.

I think the price of Bitcoin will definitely be higher by the end of the year than it is now. I expect a correction to 40-45 thousand in the near future, after which there will be continuous growth until the onset of the bear cycle again. The bull run will last about a year and a half, I think.

Agreeable. $40-$45 thousand is likely, but the near future you speak of is going to be at least about 2-3 months after the halving. It could even take longer, but I don’t expect the price correction to happen immediately after the halving.

After the halving, it is still possible to experience a decline in the price of Bitcoin, but at this time I have not made a prediction for a particular price point on Bitcoin because what I am thinking at the moment is about the next increase before the halving. And even if there is a slightly deeper price correction in Bitcoin, I think it might only be around $50K, because that is considering the current level of Bitcoin price stability which is still quite good at around $65K.

Why do you think it will take several month after halving before the correction begins? Because it will be summer and as we all know summer is not the best time for volatility in crypto market, and there are usually flats of declines during summer. Is that what you thought about as a reason for above mentioned statement you made?

It’s not possible if we see the current situation. If Bitcoins goes below 40k usd, people will panic buy and therefore the demand to acquire the Bitcoins will go up. It’s very simple economics of supply and demand. As we know that the Bitcoins are limited in numbers, hence when the price will go up, people will buy more coins and it will increase the demand to buy the coins. As the demand increases the price will go up also in order to meet the demands. Hence it’s completely not possible to go below 19k usd.

They kind of screwed up the question. Top choice was 70k plus we did that.

They added 100k for an edit.

but I guess they are asking for the dec 31 2024 price.

It is about demand and supply, however, it also depends on a price on which parties are ready to make a deal. And if you were right about panic buying, then we wouldn't have seen the price below 19k a year and a half ago. I agree that the price on which buying pressure will dominate is much higher than 19k now. But it cannot be ruled out that the price will drop to this level again in the future.

At end of last year 100k seemed a target too high.  It wasnt edited in, that was there from the beginning so all votes were cast with the same choices.

The choices at the end are just the wild card answers,  100k seemed a wild choice to me but to some extent this is bias in the questionnaire which I think does happen in all kinds of polls.   People asking a set of questions expect a certain range of results but with Bitcoin anything can happen.

Of course I would love if BTC made 100k in a fairly short time period of just this year.   42.3k was open price of Jan 1st.   My general take is many moves are reversed, we lose as much as we gain in cycles, bullish trends would just be where the losses are less in some amount then the gains.   

If the number one rule for Bitcoin is volatility we can move back to 52k or somewhere like that and then everyone's perceptions and preferred choices will alter again.   I mentioned locking this thread so we only update the idea after big movements in BTC price action and its always vs that end year target guess.

   I reckon we aint moving much till April & might be a month from now or longer..   Look at the daily bars now, every bar is smaller then the last we are being squished till implosion or explosion ?   Thankyou for all commentary  :)