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Author Topic: Market Prediction for 2024  (Read 291 times)
ImThour (OP)
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June 26, 2021, 05:56:35 PM
 #1

Just a calculated Prediction: Crypto Market will be worth $8 Trillion in Sept, 2024.

Bitcoin Price: $240,000
Ethereum Price: $14,136
Cardano Price: $10.16
BNB Price: $2,176

What do you think about my prediction?
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June 26, 2021, 05:57:31 PM
 #2

Low

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
ImThour (OP)
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June 26, 2021, 05:58:32 PM
 #3

Low
You mean it will be lower than 8 Trillion or I am predicting way low?
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June 26, 2021, 06:02:05 PM
 #4

Low
You mean it will be lower than 8 Trillion or I am predicting way low?

2024 is a long way away and I truely believe $240k will be passed before that.
2024-2026 is the next halving which would put btc up to $1M ballpark IMO

You might be right in the off chance of a sharp correction of which there are many.

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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June 26, 2021, 06:13:13 PM
 #5

Speaking of 2024, there are thousands of speculations based on data analysis, price history, and possible fundamental factors. There are millions of predictions made just because they are too pessimistic to see the state of the market today while they hold too much with the losses it brings (the point is just to entertain themselves). So where did your analysis come from?

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ImThour (OP)
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June 26, 2021, 06:38:40 PM
 #6

Speaking of 2024, there are thousands of speculations based on data analysis, price history, and possible fundamental factors. There are millions of predictions made just because they are too pessimistic to see the state of the market today while they hold too much with the losses it brings (the point is just to entertain themselves). So where did your analysis come from?
Past Data.
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June 26, 2021, 07:11:54 PM
 #7

Just a calculated Prediction: Crypto Market will be worth $8 Trillion in Sept, 2024.

Bitcoin Price: $240,000
Ethereum Price: $14,136
Cardano Price: $10.16
BNB Price: $2,176

What do you think about my prediction?

good guess, but don't care much about bnb. There are other/better projects.
In addition, ADA is mostly marketing right now. Maybe it happens or not, who knows.
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June 26, 2021, 07:16:41 PM
 #8

Just a calculated Prediction: Crypto Market will be worth $8 Trillion in Sept, 2024.

Bitcoin Price: $240,000
Ethereum Price: $14,136
Cardano Price: $10.16
BNB Price: $2,176

What do you think about my prediction?

Not sure about the alts prices as I don’t care for them or deal with them too much but obviously they do tend to follow the trajectory of bitcoin. Your bitcoin price looks reasonable, it could be even higher. It all depends on what the high is in the current bull run.

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June 26, 2021, 08:19:47 PM
 #9

Just a calculated Prediction: Crypto Market will be worth $8 Trillion in Sept, 2024.

Bitcoin Price: $240,000
Ethereum Price: $14,136
Cardano Price: $10.16
BNB Price: $2,176

What do you think about my prediction?

right now all crypto is in the red, so there is nothing wrong with seeing and being able to give a personal opinion on the predictions made by the op based on the predictions of the crypto market in 2024

possible to analyze bitcoin will be seen after the price of bitcoin later this year. how much bitcoin ATH achievement will be obtained at the end of that year, it may be concluded that bitcoin for 2024 will occur.

but according to the analysis should bitcoin will reach its best point this year. what is your bitcoin prediction may be smaller and can be missed. if for Alt maybe 2 more than your prediction.

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June 26, 2021, 10:50:26 PM
 #10

Just a calculated Prediction: Crypto Market will be worth $8 Trillion in Sept, 2024.

Bitcoin Price: $240,000
Ethereum Price: $14,136
Cardano Price: $10.16
BNB Price: $2,176

What do you think about my prediction?

maybe some people rely on the BTC Halving event to take a Buy opportunity.  yes this is natural because BTC has such a history .  after halving the price of btc goes up.  when 2017 the price of BTC pump 4x, 2021 the price of BTC pump 5x. Angry  wow what an amazing achievement.  if we try to predict the year 2024, maybe if there is halving the maximum price will be 4x the price before halving. Maybe 120.000$ ( at 2026)

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June 26, 2021, 11:12:48 PM
 #11

In the next bull run, I believe that Bitcoin price will reach a level between $150k and $200k. And it will happen in 2 or 3 years I believe. I'm not sure about a level higher than $200k.

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June 26, 2021, 11:16:22 PM
 #12

The prediction on BTCitcoin will be achieved in the next 3 years and hopefully we will reach the 6 figure valuation by the next major rally either this time or after the next halving. I am not confident about the alts you mentioned especially BNB considering the amount of coins they have in circulation and the upgrades ETH is undertaking is not easy and any mess up could doom them forever.
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June 26, 2021, 11:34:11 PM
 #13

The prediction on BTCitcoin will be achieved in the next 3 years and hopefully we will reach the 6 figure valuation by the next major rally either this time or after the next halving. I am not confident about the alts you mentioned especially BNB considering the amount of coins they have in circulation and the upgrades ETH is undertaking is not easy and any mess up could doom them forever.
I still have a doubt about the 6 figure in the next upcoming bull run but who knows? It might though but that would take some time and a lot of great investors for adoption and we might see a few well-known big companies considering to use or invest in Bitcoin. The only way I can think of making that 6 figure price is a well-known large institutional investors but that's just way too far to happen yet.

Year 2024 might not be the year of bull run yet since it will take some time before the bull run starts. So it would take to 2025 instead so in 2024 we will be seeing only a fraction of what common price we see today. It might be in the $20k or $30k level? I don't know but it's the closest price before it could hit the 6 figure or so.

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June 27, 2021, 12:00:40 AM
 #14

It's okay.
Other analysts are predicting it higher than your numbers but your's looks a bit real or you are just shy to put higher figures.  Cheesy
As long as it goes $100k in 2024, I may be already happy with it. That will mean a lot and maybe that's also the point when people will recognize that Bitcoin is real and not just some money-making thing of the billionaires out there.
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June 27, 2021, 01:20:42 AM
 #15

Seems a realistic prediction.
2017 : $19,900
2021 : above $60,000
Tripled the 2017 ATH.
Now, If we're to calculate the same for the next 4 year cycle.
It could be around $180,000.
$240,000 is still a realistic prediction for me because Bitcoin price tends to surpass our prediction/expectations.

There's no wrong prediction anyway.
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June 27, 2021, 03:07:07 AM
 #16

Seems a realistic prediction.
2017 : $19,900
2021 : above $60,000
Tripled the 2017 ATH.
Now, If we're to calculate the same for the next 4 year cycle.
It could be around $180,000.
$240,000 is still a realistic prediction for me because Bitcoin price tends to surpass our prediction/expectations.

There's no wrong prediction anyway.
Hopefully that will be the case for bitcoin in the next 4 years because I am a lazy person and I believe that if there's a pattern behind it, then I just need another proof to believe that there really is a pattern that makes the prices predictable. I disagree with your idea that there's no wrong prediction though, because I believe that a prediction is wrong until it's proven right so kind of like the other way around than what you claim.

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June 27, 2021, 03:38:23 AM
 #17

Seems a realistic prediction.
2017 : $19,900
2021 : above $60,000
Tripled the 2017 ATH.
Now, If we're to calculate the same for the next 4 year cycle.
It could be around $180,000.
$240,000 is still a realistic prediction for me because Bitcoin price tends to surpass our prediction/expectations.

There's no wrong prediction anyway.

And I think this also in the range of the S2F model prediction. Although if I'm not mistaken, they are still looking at 6 digits around this year. In any case we didn't hit it, maybe in the next halving, we might finally see BTC=$100,000 or more.

So still a long way to go for us, we just had our halving this year, we have seen the effects of it and we hit the last all time high at $64,000. So let's see how the end the year price will be, hopefully we can get to close to that at least.

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June 27, 2021, 04:10:31 AM
 #18

Just a calculated Prediction: Crypto Market will be worth $8 Trillion in Sept, 2024.

Bitcoin Price: $240,000
Ethereum Price: $14,136
Cardano Price: $10.16
BNB Price: $2,176

What do you think about my prediction?
Shall it's called prediction, you are just assuming that's the reason, but I'm not sure that all this points of prediction will come to reality most especially the bitcoin aspect, you can be right in altcoin section or aspect of prediction but bitcoin I don't really have trust on btc, because bitcoin can remain to one values for two years going up and down, because it's has happened before throughout the year of 2020, and the price of btc has been stagnant for period of time, so such a thing might happen again while we are looking up to it's increment via 2023 and 2024.



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pooya87
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June 27, 2021, 04:48:46 AM
 #19

Ethereum Price: $14,136
Cardano Price: $10.16
BNB Price: $2,176
Existing Shitcoins should be already dead by 2024 or replaced by other newer shitcoins that aren't as pumped considering that has always been a lot easier to pump new shitcoins and those that already have a very low price not the high price overpumped ones.
ETH price should be around 0.0005BTC, Cardano less than 500 satoshi and Binance should go in the same list as its predecessors and its centralized token BNB should be dead.

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June 27, 2021, 06:40:21 AM
 #20

Past Data.

Do you know what past data tells me?
That a lot of coins whoa re marketed right now as the new bitcoin, new technology, new that and this will end like those have:

https://www.coingecko.com/en/coins/dash

https://www.coingecko.com/en/coins/iota

https://www.coingecko.com/en/coins/eos


Once the hope is over and a new coins comes out with promises to magically solve other problems nobody cares about it even the current number1-10 will end up at the bottom of the first page on all coin tracking websites
No ATH for you!  Grin



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