What is the Bitcoin (BTC) Halving? Will Bitcoin Price Really Be $100K Next Year?

[$crypto$]

There's no definitive conclusion on whether halving can dictate price moves higher than before, but history has proven it to be. The halving will drive more interest in bitcoin especially for anyone expecting returns, so in itself the impact on the price can be expected to be positive.

I can expect the price to reach $100k in the long term regardless if it is affected by the halving or something, but this will definitely need ongoing process and support.

We always look at history but the proof is real but we still don't know with the 2024 halving whether this will affect the bitcoin price even higher or will there be more processes after that? So I'm always optimistic about the next ATH and most likely 100k is an ideal target considering the previous ATH was $69k.

Even though this is only a speculator but I will try to keep hoarding more and when it reaches $100K then I am ready to sell at the highest price, and what is certain is that every cycle has occurred in previous history so this is likely to occur in the next phase.

[yhiaali3]

In my opinion, what usually happens is that people wait for a halving and buy large amounts of Bitcoin before the halving occurs because they are used to a large increase in the price after each cycle.

Buying such large quantities and halving the mining rewards leads to a significant decrease in the supply in the market and this is what causes the price to go up according to the law of the market.

But of course there are many other factors affecting the market, so do not expect the increase to occur immediately after Halving, we may need from 6 months to a year to see the expected increase in the price, most of the expectations indicate that we can get 100k$.

[Getmon]

The buildup of centralized crypto money from a number of nations will continue to grow, and it will only make bitcoin the original more popular and in demand. There will be a continuous flow of crypto projects created each year, and this will drive bitcoin to new heights furthermore. After mining rewards are reduced by half, the price of bitcoin will always rise, as it has in the past. With these, bitcoin can be bought for $100,000. If you have enough patience, you can wait several months to up to a year after the halving to sell some of your bitcoins.

[ajiz138]

I guess this is what everyone is hoping to see, the price hitting $100k, and this is also the prediction of some well known model, back then that by the end of the bull run in 2022, we will hit 6 digits. But we all know that it didn't happen right. I would agree that this is just a prediction, a wild educated guess that everyone can make, and that there are no experts here.

However, it seems that there are a lot of factors that might contribute to the price hitting that $100k or more, right now we have the banking crisis and maybe there will be next big banks that are going to fall maybe next year that might fuel individuals, not just wealthy investors buy a simply average joe like you and me that will go and put our money into bitcoin because we don't want to lose it's value.

And if there is something that I've learn here, just continue to accumulate as little as you can and HODL on it till the next bull run. If we touch $100k then good, congrats, profits coming our way. If not, we still have our Bitcoin, and you can decide when to sell it.

Of course we expect more than the previous ATH price after the halving and this has clearly been widely predicted how this will happen later so it's not surprising that many speculators say that the price is excessive or lower because this is also wild to reveal bitcoin predictions in the future.
People are free to say anything about bitcoin price predictions.

In fact, this factor can also influence what makes the price of bitcoin higher, their concern for the banking sector is that more and more people are panicking because several banks have fallen so that this will change their belief in bitcoin rather than in banks which will cause inflation later.

In general we have done that to continue buying bitcoin while it is still low, we have to be able to HODL as much as we can and be sure that a win with the next target will make a better profit because we all think that $100K can be broken at that level.

[KingsDen]

I don't know about next year, but definitely next cycle. You have to think that the bull run is usually one year after the halving, so we would be talking about 2025. In any case, I think that is the minimum barrier to cross. Not going over 100,000 next cycle would be a catastrophe for price expectations.

I am more hesitant about $200,000, which, if breached, would be a x3 from the highs of this cycle. I think that target is more difficult.

Maybe the best thing to do is to care less about when the bull run will start and also care less about when bitcoin will make $100k. We should just cross our fingers and  believe bitcoin will surely make $100k.
Then if we have this mindset, the next thing that is expected of us is to hold very tight and wait till when it is good to take profit. And when it is good to take profit is when there is another ATH.
Although we should just believe it happen before 2025. While many are waiting for the first quarter of 2024, something may go wrong but it will not push it more than 2025.
Note: $100 is not the ultimate priced of bitcoin designed by Satoshi. It is just like other prices.

[imamusma]

At least, the value of our investment can increase, maybe 2x-3x the value of the money we use. That means a huge profit for us, even if our amount is still very small compared to what other people have invested. Especially if the bitcoin price reaches $ 100k in the next bull run, it will make many people who invest in bitcoin also get big profits.

So far the halving could support hitting $100k on an uncertain time frame, but $100k is a hope that seems real if bitcoin is once again able to hit new ATH. Of course we don't know exactly when it will happen, but in the past few halving, bitcoin has always hit new ATH after some time. So about the next halving, I can also expect bitcoin to hit ATH.

Regarding speculation on the highest bitcoin price, each of us has it and we want to sell it at the highest price. The important thing is that we can set the selling price we want and it's not too late to buy bitcoin at a low price.

Bitcoin has good potential going forward regarding its price, it has proven over the years though we are still seeing both bullish and bearish in the process. So far bitcoin is an asset that has performed well in terms of providing returns to its investors in the long term, but one can also take profits whenever they want as long as they feel profitable.

[justdimin]

cointelegraph.com

Looking at 150 days is a weird one, look at 365 days later and you will see the difference. In all cases after a year the price is significantly higher and that means if you have bitcoin, or bought some before the halving and wait a year after that, then you are going to end up making significant amount of profit for sure.

I am not going to say that it is going to be easy or anything like that, but it will eventually happen and we should be fine with it. I can't really say that it should be this easy to make money, maybe I am wrong and maybe if you do that next time around it won't be this easy, maybe this will be different. However, this is what I know ,and believe, and I will follow this and hope to make some profit with it.

[Frankolala]

expect that bitcoin price will hit $100,000 or higher than this in the next bull run coming 2025 after the halving in 2024. Due to devalue in dollars and collapse of banks in the US,these has made so many investors to adopt bitcoin, in order to use it as a store of value from inflation. This has made bitcoin price rise to 28+k,which is a good price.

Therefore, as time goes on before the halving some more reasons might make people see buying bitcoin to secure their funds as,and after the halving,the amount of bitcoin to be mined will divide into two causing the amount of bitcoin to be limited. The demand of bitcoin will become high with little supply and this will shoot the price of bitcoin to $100+k. Looking it from my own corner.

[dezoel]

 And if the bitcoin price can be over $100k, it is a big profit for us again.

Big profit or not depends on how many bitcoins you own. Bitcoin will have a new ATH or hit $100k it's just a matter of time it's important to us if we have a lot of bitcoin, it will benefit us, but if we don't have bitcoins, the price increase is also useless. Many people predict bitcoin to hit $100k, but I predict $150k or more, so I want bitcoin to drop more or not to rise in price too fast so I can accumulate as much as possible.

If you own small amounts of BTC, you will still earn decent as long as the price rise up to $100k but for those who have more BTC on their bags, they can earn much better. Before $100k, BTC will first hit a new ATH which can be $70k and above and there might be a couple of bear markets before we finally touch $100k.

Maybe there are some people who are only good at watching this market but there is no way they are investing. Don't worry much about them but we should only be focusing on our own selves. You want BTC to reach $150k but at the same time you want more drops? That's confusing mate. As a long-term investor, they can just buy at any price point and they still can earn a profit in the long run. DCA is only the key.