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Author Topic: “When” Will Bitcoin Price Break $69k All Time High?  (Read 656 times)
inthelongrun
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July 19, 2022, 07:17:09 AM
 #81

The biggest possibility IMO would be 2024 and then another all-time high happens in the following year. I'm still rooting for the 4-year cycle as seen in the previous years. But I am hoping it will happen early. A lot mentioned $100k as its next highest destination. Apple, Saudi Aramco, and Microsoft are valued at $2 billion each. So I think $100k per bitcoin is very possible in the next few years. $420k per bitcoin is too high but still possible.

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Reatim
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July 19, 2022, 08:31:05 AM
 #82

The biggest possibility IMO would be 2024 and then another all-time high happens in the following year. I'm still rooting for the 4-year cycle as seen in the previous years. But I am hoping it will happen early. A lot mentioned $100k as its next highest destination. Apple, Saudi Aramco, and Microsoft are valued at $2 billion each. So I think $100k per bitcoin is very possible in the next few years. $420k per bitcoin is too high but still possible.
Lets be enough in 4 year cycle in which will take effect atleast 2024-2025  but of course this will make the lowest of 100k and may increase more up to 300k respectively ,
 and if this happens then we will be in the highest market cap and even altcoins will make it there on the top.
ethereum will finally break 10k?
 and so as Binance may take the position of the second highest ranking coins in crypto.









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Sebas.tian
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July 19, 2022, 08:58:26 AM
 #83

Quote
This is not an easy thing to predict how the market will change and how the prices gonna vary with time. As per today's market condition the market is completely bearish and there is certain price point within which the price changes were happening with time. Right now the price is around $20500, and the same to reach $70k takes time. Most of the experts have predicted for a slow and steady growth of bitcoin against the faster one. So, it is expected to take place by 2023-2024.

I agree with you,  Bitcoin investors will start expecting $70,000 from 2024 because the price is still moving between $19,000 or $20,000 for investors to use this opportunity to prepare ahead of 2024 for the price to increase to $60,000 or $70,000 before they can supply to market to make a good profits from the market. Bitcoin price will increase higher before the end of this year 2022 but it will not reach $60,000 in this year because many experts has carried out their personal research, that the price will reach $60,000 or $70,000 next two years.

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July 20, 2022, 03:04:30 PM
Last edit: July 25, 2022, 04:57:29 PM by minairia3
 #84

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If this isn't a bull trap and will go straight to $69K, It would be one of the most unbelievable bull market. The one thing is for sure, regulation is coming and countries are already implementing their own crypto regulations which $69K might not be too far.

You believe bitcoin will still reach $13k, but you're uncertain about whether it will bounce back to $69k and hit a new ATH this year. If that happens many people will miss the opportunity to buy bitcoin at $20k and if a  new ATH comes out this year I am sure that this will be the last time we see bitcoin at $20k. Nothing is certain so why not buy when it is 20k$ even now the price is not too high to buy.

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