Market Prediction for 2024

[maydna]

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?

For now, I do not have any prediction about what will happen in 2024 because that still almost 3 years later, and many things can happen to bitcoin and altcoin. But I can say wow, that is the very highest price for bitcoin, ethereum, cardano and bnb, but that can possible happen in the future. I only try to accumulate more bitcoin than altcoin because I believe that bitcoin will increase so high although I don't have a right prediction about the price.

But if bitcoin really increases to that highest price, I am sure that can bring many people to invest in bitcoin from now on because the price is still at a low price and they can buy from the small amount from time to time.

[Ararbermas]

 For bitcoin probably it has potential to push the price towards 100k only in 2024 in my personal opinion , especially if those whales keep manipulate the price everytime when it reached the all time high, because for that reason it will become too difficult for bitcoin to exceed more..  And actually for me 240k has a potential  as well , but the fact that weak hands always going crazy when there's an issue reason there's always a massive decline in the market.. Its becomes very unpredictable if bitcoin can survive to break new ATH in 2024.

[Obito]

For bitcoin probably it has potential to push the price towards 100k only in 2024 in my personal opinion , especially if those whales keep manipulate the price everytime when it reached the all time high, because for that reason it will become too difficult for bitcoin to exceed more..  And actually for me 240k has a potential  as well , but the fact that weak hands always going crazy when there's an issue reason there's always a massive decline in the market.. Its becomes very unpredictable if bitcoin can survive to break new ATH in 2024.

It's around 3 years and it's a long time so I think that it's probably more than just 100k by 2024. Maybe by that time, we will probably see the price higher than 100k if not at a 100k, we can only hope what's going to happen next to the future of bitcoin and despite the price going down recently, I think the future of bitcoin is still bright.

[aioc]

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?

The first thing that we need to do is for the community to stop listening and taking advice from people like Elon Musk, if we are going to reach that amount the community should have a lot of improvement and covers a lot of territories, Bitcoin is moving down again because of too many FUD, on the positive side, the DeFi are growing there are so many projects now that are DeFi related it's a good sign that we are moving forward.

[bitgolden]

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

Bitcoin Price: $240,000

In my speculation, bitcoin marketcap alone will worth more than 10 trillion by the times of 2025. Moreover like most other people here, I am too sure about that we have not done with 2021 bullish market yet. So, based on the price levels of 2021 ending, we can easily speculate about where we are going to start the year 2025 (next halving may happen in 2024 and bull market may happen in 2025).

I believe that we are still have fair chances to test $100k before end of this year which may extend up to $280k levels before end of this year. So, it would be too early to speculate about 2024 now itself.

[smyslov]

I believe that we are still have fair chances to test $100k before end of this year which may extend up to $280k levels before end of this year. So, it would be too early to speculate about 2024 now itself.

I also like to believe remember in times of pandemic the price crashed to $5k but look what happened after a year, not only the price recover it reached another all-time high, I'd like to believe that Bitcoin will eventually recover and reach another all-time high, we are halfway of the year, things happen so fast, we could wake up one day with the price on $100k.

[slaman29]

For bitcoin probably it has potential to push the price towards 100k only in 2024 in my personal opinion , especially if those whales keep manipulate the price everytime when it reached the all time high, because for that reason it will become too difficult for bitcoin to exceed more..  And actually for me 240k has a potential  as well , but the fact that weak hands always going crazy when there's an issue reason there's always a massive decline in the market.. Its becomes very unpredictable if bitcoin can survive to break new ATH in 2024.

That's three years from now ++ and yeah, I think by then 100k should be very easy, assuming there's another rally and assuming also things happen in the regular 2/4 year cycle it always has. I still doubt this year is over. Normally I'm pessimistic about chances of crypto going up but I feel like there wasn't enough drama over the last 6/7 months yet and we usually need that before we head into pure winter.

[Lucius]

Just a calculated Prediction: Crypto Market will be worth $8 Trillion in Sept, 2024.
Bitcoin Price: $240,000

I think you should first know that you are in a board that is intended for speculation about Bitcoin, so it is completely inappropriate to emphasize any other cryptocurrencies here.

I don't think anything about the speculation itself, because there are hundreds of them if I search online - everyone tries to look smart while throwing up big numbers, you might guess, and maybe not. After all, it is stupid to think so much in advance when no one can even say approximately what the price of 1 BTC will be by the end of this year. If it is at least $100k, it may reach $240k by 2024 - and what if all the pessimists' predictions come true, and we slip into a new crypto winter?

[Roidz]

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?

Since the last increase in 2017, a number of striking trends have emerged, these trends in 2020 are able to show a more collective Bitcoin price increase , Therefore, the price increase in the coming year in my opinion is a realistic expectation of bitcoin, and now this is a good opportunity for us to keep an eye on Bitcoin developments before the halving day occurs in 2024, I'm sure if the price predictions made are of course based on your high belief in the increase in bitcoin prices after the halving day occurs but of course we should not be too hopeful if it happened and if you look at the experience of the previous halving day I believe that bitcoin will experience a price increase of about 60% of the price before the halving day.

[ImThour]

Just a calculated Prediction: Crypto Market will be worth $8 Trillion in Sept, 2024.
Bitcoin Price: $240,000

I think you should first know that you are in a board that is intended for speculation about Bitcoin, so it is completely inappropriate to emphasize any other cryptocurrencies here.

I am in a board called Economics and a sub-board called Speculation.
I don't see Bitcoin Economics or Speculation written over there. 

[Raflesia]

I still can't guess whether this will be right with your prediction or just a conclusion from the total market capitalist in 2024? It's still far I don't really expect more from your prediction but what you say can come true because I know bitcoin's movement is quite close and in 2024 it will coincide with the halving maybe this reaction will happen like this year because it has reached ATH before 3x more than 2017.

I can only judge that bitcoin will continue to grow every year and will experience a big bearish as well so it will continue to contradict that bitcoin 240k in 2024 is far from being a reality.

[BlackHatCoiner]

Bitcoin Price: $240,000

Not impossible, neither bearish. I was thinking similarly, but closer to the $½ million.

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.

Would you mind explaining me your calculations behind these results? It seems to me as a very random thought. The fact that something is centralized doesn't make its demanding less. I won't comment about ADA & BNB, but as for ETH, judging the historic peaks, I'd speculate it around 0.09-0.14 BTC. No idea the exchange rate in dollars though...

[YuginKadoya]

I surely like your speculation for the price of Bitcoin and surely if this is correct it is good to definitely hold Bitcoin right now, but it is too early to predict 2024 Bitcoin, Ethereum, Cardano, and BNB price, it is the year 2021, and right now the price of Bitcoin is pretty bearish right now but the end of this year I think the price would go from an all-time high of $56,000 USD the price might go to $80,000 USD on the momentum the price could go,

Right now the price is at $32,000 Bearish market, but bitcoin eventually returns back to its all-time high price and will surely try and penetrate another all-time high that is for sure.

[Mpamaegbu]

What do you think about my prediction?

I would like to know how you got the parameters you used in guaging your predictions or is it a loose guess?

2024-2026 is the next halving which would put btc up to $1M ballpark IMO

The next Bitcoin halving will be in 2024. Halving doesn't stretch, like what you have as from 2024-2026. Halving is every four years. The present one happened in 2020.

Again, we should also put into cognizance the fact that Bitcoin price won't continue on a steady rise till 2024. There's bound to be the bear period before 2024 just like what we witnessed in the last halving and the previous halvings before it. The bears will steep down price and that's healthy correction.

[ImThour]

What do you think about my prediction?

I would like to know how you got the parameters you used in guaging your predictions or is it a loose guess?

I used the total market cap data from the past years and some maths on Bear Market vs Bull Market and then averaged out to get a value of $240k for BTC in 2024.

[Gozie51]

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

Ethereum Price: $14,136

BNB Price: $2,176

What do you think about my prediction?

I'm interested in the above two coins. If you put Ethereum this high above BnB, what is the rational behind it? BnB looks good to get to $10,000 with that Ethereum at $14,136 , I mean you can check the current price for the two and the difference. Also bnb is having more projects and listing on the exchange, that is a good reason for pricing it up to $10,000 and not that you peg it at $2,176.

[Hippocrypto]

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?

On the predictions of btc, I guess that's very high maybe we will cut that at 50% just to range the price at $100k above. With cardano I think $5 to $6 will be enough and if it goes up until $10, that would be a bonus. Let's have bnb the most potential one with a predicted price at $6,000 or higher because more projects coming our was now starting to adopt this platform of bsc.

[BuNga_cute]

I surely like your speculation for the price of Bitcoin and surely if this is correct it is good to definitely hold Bitcoin right now, but it is too early to predict 2024 Bitcoin, Ethereum, Cardano, and BNB price, it is the year 2021, and right now the price of Bitcoin is pretty bearish right now but the end of this year I think the price would go from an all-time high of $56,000 USD the price might go to $80,000 USD on the momentum the price could go,

Right now the price is at $32,000 Bearish market, but bitcoin eventually returns back to its all-time high price and will surely try and penetrate another all-time high that is for sure.

Everyone is free to predict the price of Bitcoin, but most people agree the future price of Bitcoin will be very expensive. So as you said, we have
to start holding Bitcoin from now on. Whatever the price of Bitcoin that will be achieved in 2024, the price must be much higher than the current price.
And I don't really agree if the current price at $32k is called a bearish market, because as long as the Bitcoin price is still above $20k I still think
Bitcoin is still in a bullish trend.

[pooya87]

Would you mind explaining me your calculations behind these results? It seems to me as a very random thought. The fact that something is centralized doesn't make its demanding less. I won't comment about ADA & BNB, but as for ETH, judging the historic peaks, I'd speculate it around 0.09-0.14 BTC. No idea the exchange rate in dollars though...

It is based on past performance. You see coins with unlimited supply can not keep rising, specially since they have lots of other flaws including security flaws, not just centralization. Specially when they switch to PoS and basically give away free ETH just because you own ETH the sell pressure is going to increase.
Additionally "smart contracts" in the way used by Ethereum ever since 2015 have not had any real world applications, to this day anyone who buys ETH either wants to invest it in an ICO scam or are simply gambling on the price. This model can not be sustained and in long run the price will keep going down as it has been.
It is also highly likely that a better smart contract platform (either another altcoin or a bitcoin side-chain) that simply solves the flaws of ethereum replaces it in near future. That makes ETH obsolete.

[slaman29]

It is based on past performance. You see coins with unlimited supply can not keep rising, specially since they have lots of other flaws including security flaws, not just centralization. Specially when they switch to PoS and basically give away free ETH just because you own ETH the sell pressure is going to increase.
Additionally "smart contracts" in the way used by Ethereum ever since 2015 have not had any real world applications, to this day anyone who buys ETH either wants to invest it in an ICO scam or are simply gambling on the price. This model can not be sustained and in long run the price will keep going down as it has been.
It is also highly likely that a better smart contract platform (either another altcoin or a bitcoin side-chain) that simply solves the flaws of ethereum replaces it in near future. That makes ETH obsolete.

Centralization is a big flaw but yes, for the most part, people don't care and don't know they should care (not to mention the decentralized companies in defi all claiming but hiding how centralized they are like Polkadot).

And it's the same selling pressure with all these APYs that cannot be sustained.

I do disagree that smart contracts have no real world applications though. I think the way limit orders are being programmed without trusting exchanges at least are now very popular, plus betting markets that automatically settle bets. Not a lot of use but when people see these working well I don't see why people wouldn't switch to smart contracts.