Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised?

[Cryptomiles1]

All these statement here are "possibility statement" which are not "True" and even if is true how certain are they by saying " ". Hence is a "biconditional statement" where the predictor or speculator are not yet fully convinced it will happen how they said but are still having thought or thinking it could be but not sure (false), it can only be true with the two results are said to be "T" (outcome).

What would we expect, it is a prediction and prediction is always a biconditional since it may or may not happen.  It isn't that they are not convinced (since them stating it is a sign that they believe that the possibility of the statrment to happen is high) but it is ( the use of "could" in the statement) a safe statement to say especially when declaring it on public.  It gives them an escape route if ever the prediction do not happen.

As an investors I think they are only trying to be optimistic about the future of bitcoin.

True, they (investors) need to be optimistic or their hope will start to deteriorate.

Most of this prediction also cause threat to people around the forum since there are lot of unforeseen circumstance that may come up. What I understand fully on bitcoin is, just buy and hold till whenever you feels is okay for one to sell then they should go ahead and sell than given false hope and causing people to panic towards bitcoin even also trying to put threat on little investors of jumping into the market with high hope it would go as they predicted. Can't they keep shot for some while without causing FUD?

[Fundamentals Of]

We are always on the road to winning. Despite all the bumps along the way, we all know we are on the right track. We all know we are moving towards victory.

$100,000 is just a matter of when. If it's the kind of victory many consider, although it is just actually a battle to me, then we should all consider ourselves victors.

In fact if it's the end of 2024 that we're looking forward to, $100,000 is a moderate prediction. It could easily go higher than that.

[FinePoine0]

image Collection

As Bitcoin blocks decrease, the price of Bitcoin will i ncrease and the more Bitcoin will spread among people. Bitcoin block height in 2020 was 6.25 Bitcoin block height was 6.30000. And in 2024 Bitcoin Block 3.125 and Bitcoin Block Height 8.40000.
On average, the price of Bitcoin will double over the last year, so there is a high probability that the price of Bitcoin will go above $100,000 among experts.

[Tony116]

...

In fact if it's the end of 2024 that we're looking forward to, $100,000 is a moderate prediction. It could easily go higher than that.

I also believe that the $100k target is easy for bitcoin, I predict bitcoin will have a higher ATH of $100k in the next bull season. But when does it happen, and predicting the end of 2024 is not for me. Considering bitcoin's 4-year cycle, and if history repeats itself, we need to wait until 2025 to see a real bitcoin bull run.

I don't care too much about when bitcoin will hit a new ATH, because sooner or later it will. What concerns me more is that I fear that I won't be able to own enough bitcoins until the bull season arrives.

[beerlover]

We have read many similar predictions by many market analysts and so-called Bitcoin enthusiasts about the bright future of Bitcoin. This is not surprising and this post is not a speculation post. What is surprising is that such kind of optimistic predictions is coming from one of the banking majors. The current banking turmoil has helped Bitcoin to win the trust of the people.

People are talking about their desires when you put a mic on their faces, not reality. Obviously these days it's more digital and less microphone but the same logic continues. If someone asked me what I think bitcoin will do by the end of 2024 I would have said a lot higher result, but that doesn't mean that I think it is realistic, I just think that it would be good to have something like that.

I hope that it goes as well as possible, but I do not think that it will be possible. Just focus on what could happen in reality, forget about what would be your dream. 100K could be a good one, not really entirely sure if it will be possible or not but I think it should be "possible", not saying it will happen, but it is possible to see that without a doubt.

[TheGreatPython]

I don't want to be in a delusional state to thinking that it will hit 6 digits in just a short period of time, I prefer a modest prediction, not one that thinks that it will skyrocket, although in the back of my mind, I wish it could happen but its better to spread FOMO than to spread FUD.

But IMO, $100k is truly possible even in the beginning or mid of 2024. If that doesn't happen then I am sure it will happen at the last month of that same year. Some says that 2025 is also a bullish year for BTC but that year is only our back up if there are no major increase that happens within these two consecutive years (2023-2024).

1 and 1/2 year is not a short period of time and if you check the past history of BTC, there are times where the increase is quick. Don't worry or don't be guilty because $100k is still a modest prediction. Remember, we are at $69k last time and that was only $30k away from $100k which isn't that high. There is no need to spread this FOMO because it's being talked about all the time and many people are now aware of this.

[ajiz138]

I don't want to be in a delusional state to thinking that it will hit 6 digits in just a short period of time, I prefer a modest prediction, not one that thinks that it will skyrocket, although in the back of my mind, I wish it could happen but its better to spread FOMO than to spread FUD.

But IMO, $100k is truly possible even in the beginning or mid of 2024. If that doesn't happen then I am sure it will happen at the last month of that same year. Some says that 2025 is also a bullish year for BTC but that year is only our back up if there are no major increase that happens within these two consecutive years (2023-2024).

1 and 1/2 year is not a short period of time and if you check the past history of BTC, there are times where the increase is quick. Don't worry or don't be guilty because $100k is still a modest prediction. Remember, we are at $69k last time and that was only $30k away from $100k which isn't that high. There is no need to spread this FOMO because it's being talked about all the time and many people are now aware of this.

Whatever it can happen, anyone is free to predict the price of bitcoin which he believes will reach that target regardless of several other speculations in 2025 there is still a very high possibility too because seeing the previous journey from the halving it took several months to reach its bullish peak.

It's still a short time to reach where it will be the expected level, of course looking at the history of how bitcoin went before, but this time it might be a little different and 100K is definitely a passable for the next phase but for me ATH will be over of the.

About Fomo as long as it's not on other coins but for FOMO now it's not a problem.

[Fundamentals Of]

...

In fact if it's the end of 2024 that we're looking forward to, $100,000 is a moderate prediction. It could easily go higher than that.

I also believe that the $100k target is easy for bitcoin, I predict bitcoin will have a higher ATH of $100k in the next bull season. But when does it happen, and predicting the end of 2024 is not for me. Considering bitcoin's 4-year cycle, and if history repeats itself, we need to wait until 2025 to see a real bitcoin bull run.

I don't care too much about when bitcoin will hit a new ATH, because sooner or later it will. What concerns me more is that I fear that I won't be able to own enough bitcoins until the bull season arrives.

That's a concern for everyone of us, that we haven't bought enough Bitcoin while it is still affordable. When Bitcoin reached $100,000, I believe next year or the year that immediately follows, it will most probably be impossible for ordinary believers like me to own one full Bitcoin. 1 full Bitcoin will only remain a dream. That's why while many are now praying for the bull run to happen and a new ATH will be hit, I am partly hoping that the cheap days will linger for a longer while.

[CryptoBuds]

I don't want to be in a delusional state to thinking that it will hit 6 digits in just a short period of time, I prefer a modest prediction, not one that thinks that it will skyrocket, although in the back of my mind, I wish it could happen but its better to spread FOMO than to spread FUD.

But IMO, $100k is truly possible even in the beginning or mid of 2024. If that doesn't happen then I am sure it will happen at the last month of that same year. Some says that 2025 is also a bullish year for BTC but that year is only our back up if there are no major increase that happens within these two consecutive years (2023-2024).

1 and 1/2 year is not a short period of time and if you check the past history of BTC, there are times where the increase is quick. Don't worry or don't be guilty because $100k is still a modest prediction. Remember, we are at $69k last time and that was only $30k away from $100k which isn't that high. There is no need to spread this FOMO because it's being talked about all the time and many people are now aware of this.

If you look at history more carefully, you will realize that a new ATH or bull season will only come a year after the halving. While the halving is predicted to happen in April/May 2024, the expectation of ATH in early and mid-2024 is unfeasible. Bear season begins in early 2022, and if you believe the 4-year cycle, we are only halfway through the bear season. That means there's still a long way to go until the next bull season. I'm not pessimistic, but my prediction could be 2025-2026, a bull market will happen.

[kotajikikox]

Not all battles are fought on the battleground. Some are fought silently and patiently and time decides the winner. We are surely on the winning path!

Thoughts?

There is a chance of course , but why rush when we knew that the effect of halving takes place at least months or year after.


This is what I find in Google search given the link below


The next Bitcoin halving 2024 date according to the BTC halving countdown clock is scheduled to take place at block 840,000 which is predicted to be solved on Apr 27, 2024 03:42:04 PM UTC. At Bitcoin halving 2024, the Bitcoin block reward is scheduled to drop from 6.25 Bitcoin per block to 3.125 Bitcoin per block

link:
Bitcoin Halving date prediction

hope we are all ready as this will be happening sooner ,sometimes we will not notice its already there.

[Don Pedro Dinero]

Thoughts?

What I think is that I am not surprised as the title suggests because I have seen so many price predictions already, almost all of them failed, that another one is not going to surprise me. The best way to get the price right is to do it in a range and in the short term. For example: the price will remain between $25,000 and $40,000 in May.

They keyword here is: could

bitcoin could hit $100,000
bitcoin could hit $10,000
bitcoin could hit $1,000,000
bitcoin could hit $100

Could just means that there's a (albeit non-zero) possibility — not necessarily that it will happen.

LMAO, it's just like that.

If we follow bitcoin history, which need not always repeat itself but has so far, the $100,000 mark will be passed around one year after halving, i.e. in mid-2025. It would be better for me if it passes this year, but I think it is unlikely.

[Tony116]

...

In fact if it's the end of 2024 that we're looking forward to, $100,000 is a moderate prediction. It could easily go higher than that.

I also believe that the $100k target is easy for bitcoin, I predict bitcoin will have a higher ATH of $100k in the next bull season. But when does it happen, and predicting the end of 2024 is not for me. Considering bitcoin's 4-year cycle, and if history repeats itself, we need to wait until 2025 to see a real bitcoin bull run.

I don't care too much about when bitcoin will hit a new ATH, because sooner or later it will. What concerns me more is that I fear that I won't be able to own enough bitcoins until the bull season arrives.

That's a concern for everyone of us, that we haven't bought enough Bitcoin while it is still affordable. When Bitcoin reached $100,000, I believe next year or the year that immediately follows, it will most probably be impossible for ordinary believers like me to own one full Bitcoin. 1 full Bitcoin will only remain a dream. That's why while many are now praying for the bull run to happen and a new ATH will be hit, I am partly hoping that the cheap days will linger for a longer while.

Bitcoin is trading at $30k, and to own 1BTC these days is also a difficult task, let alone bitcoin surpassing $100k. But I like you, I find something very strange, most people want the bull market to come soon, bitcoin hit a new ATH this year...Many people almost don't want to accumulate cheap bitcoins, or do people already own a lot of bitcoin and want it to go up in price? I think everyone's concern right now is how to make bitcoin grow fast, not focusing on accumulating more bitcoins.

Honestly, I would be happy if bitcoin fell below $20k again this year. Because once bitcoin recovers, we will no longer have a chance to see 20k bitcoins.

[Quidat]

...

In fact if it's the end of 2024 that we're looking forward to, $100,000 is a moderate prediction. It could easily go higher than that.

I also believe that the $100k target is easy for bitcoin, I predict bitcoin will have a higher ATH of $100k in the next bull season. But when does it happen, and predicting the end of 2024 is not for me. Considering bitcoin's 4-year cycle, and if history repeats itself, we need to wait until 2025 to see a real bitcoin bull run.

I don't care too much about when bitcoin will hit a new ATH, because sooner or later it will. What concerns me more is that I fear that I won't be able to own enough bitcoins until the bull season arrives.

That's a concern for everyone of us, that we haven't bought enough Bitcoin while it is still affordable. When Bitcoin reached $100,000, I believe next year or the year that immediately follows, it will most probably be impossible for ordinary believers like me to own one full Bitcoin. 1 full Bitcoin will only remain a dream. That's why while many are now praying for the bull run to happen and a new ATH will be hit, I am partly hoping that the cheap days will linger for a longer while.

Bitcoin is trading at $30k, and to own 1BTC these days is also a difficult task, let alone bitcoin surpassing $100k. But I like you, I find something very strange, most people want the bull market to come soon, bitcoin hit a new ATH this year...Many people almost don't want to accumulate cheap bitcoins, or do people already own a lot of bitcoin and want it to go up in price? I think everyone's concern right now is how to make bitcoin grow fast, not focusing on accumulating more bitcoins.

Honestly, I would be happy if bitcoin fell below $20k again this year. Because once bitcoin recovers, we will no longer have a chance to see 20k bitcoins.

Instead of talking about peak prices, then why not people would be starting up to accumulate when the market is bearish or crashing but rather they would be starting to accumulate when its been pumped? Common impression on which human being does have on which fear would really be the main reason on why they do such thing but its totally contrary or having no sense.
This is why it would really be ideal that instead on speaking or minding much about those peak prices or all time highs, it would be more worth if you do mind off on how you would placing yourself
on the bottom and just in case the price would be shooting up then it would really be giving out that profits later on.

There's no way that you could really be able to know on whats ahead and its much better on be wise on taking up some actions when the market is still on reds
and not on the time that it is pumping up.

[noormcs5]

We have read many similar predictions by many market analysts and so-called Bitcoin enthusiasts about the bright future of Bitcoin. This is not surprising and this post is not a speculation post. What is surprising is that such kind of optimistic predictions is coming from one of the banking majors. The current banking turmoil has helped Bitcoin to win the trust of the people.

Read here: https://www.reuters.com/technology/bitcoin-could-hit-100000-by-end-2024-standard-chartered-says-2023-04-24/

Not all battles are fought on the battleground. Some are fought silently and patiently and time decides the winner. We are surely on the winning path!

Thoughts?

$100,000 bitcoin price by the end of 2024 seems like a very low bitcoin price prediction as i guess that by that time the bitcoin halving would have been done, the US dollar may be more weakened and the world economic indicators may be more towards high inflation and at that time people would be investing more in bitcoin which may lead to even higher prices that 100,000$.

Anyways, as we approach towards the next bitcoin halving, we will continue to see such statements by big players in the market. This will increase the hype. Be prepared to read more crazy predictions about bitcoin in the coming months.

[ilovealtcoins]

I am not as optimistic as OP, my prediction is that we will enter the bull season in 2025, and bitcoin will reach ATH in the last quarter of 2025, just like previous cycles, and we will also have a bear season at the end of that year. I still believe the 4-year history repeats itself, the bull season will only come one year after the halving, i.e. 2025.

[Swordsoffreedom]

We have read many similar predictions by many market analysts and so-called Bitcoin enthusiasts about the bright future of Bitcoin. This is not surprising and this post is not a speculation post. What is surprising is that such kind of optimistic predictions is coming from one of the banking majors. The current banking turmoil has helped Bitcoin to win the trust of the people.

Read here: https://www.reuters.com/technology/bitcoin-could-hit-100000-by-end-2024-standard-chartered-says-2023-04-24/

Not all battles are fought on the battleground. Some are fought silently and patiently and time decides the winner. We are surely on the winning path!

Thoughts?

$100,000 bitcoin price by the end of 2024 seems like a very low bitcoin price prediction as i guess that by that time the bitcoin halving would have been done, the US dollar may be more weakened and the world economic indicators may be more towards high inflation and at that time people would be investing more in bitcoin which may lead to even higher prices that 100,000$.

Anyways, as we approach towards the next bitcoin halving, we will continue to see such statements by big players in the market. This will increase the hype. Be prepared to read more crazy predictions about bitcoin in the coming months.

ATH may be higher than $100k, but to say that high inflation and weaker USD is the reason for the bitcoin price increase, I disagree with you on this. Currently, inflation is still high, but I don't see a positive impact on bitcoin, on the contrary, I find everything difficult, and bitcoin is no exception.

The halving will still be the most powerful catalyst to help bitcoin generate new ATHs. But it will be better if the world economy recovers and grows in 2024 and 2025, it will also be an equally important factor for us to expect bitcoin to hit a higher ATH in the next bull season.

[Fundamentals Of]

...

In fact if it's the end of 2024 that we're looking forward to, $100,000 is a moderate prediction. It could easily go higher than that.

I also believe that the $100k target is easy for bitcoin, I predict bitcoin will have a higher ATH of $100k in the next bull season. But when does it happen, and predicting the end of 2024 is not for me. Considering bitcoin's 4-year cycle, and if history repeats itself, we need to wait until 2025 to see a real bitcoin bull run.

I don't care too much about when bitcoin will hit a new ATH, because sooner or later it will. What concerns me more is that I fear that I won't be able to own enough bitcoins until the bull season arrives.

That's a concern for everyone of us, that we haven't bought enough Bitcoin while it is still affordable. When Bitcoin reached $100,000, I believe next year or the year that immediately follows, it will most probably be impossible for ordinary believers like me to own one full Bitcoin. 1 full Bitcoin will only remain a dream. That's why while many are now praying for the bull run to happen and a new ATH will be hit, I am partly hoping that the cheap days will linger for a longer while.

Bitcoin is trading at $30k, and to own 1BTC these days is also a difficult task, let alone bitcoin surpassing $100k. But I like you, I find something very strange, most people want the bull market to come soon, bitcoin hit a new ATH this year...Many people almost don't want to accumulate cheap bitcoins, or do people already own a lot of bitcoin and want it to go up in price? I think everyone's concern right now is how to make bitcoin grow fast, not focusing on accumulating more bitcoins.

Honestly, I would be happy if bitcoin fell below $20k again this year. Because once bitcoin recovers, we will no longer have a chance to see 20k bitcoins.

What is actually surprising to me is that people are already praying for the bull run and the $100,000 when they don't even have enough Bitcoin. To these people, are you really guys sure that you want Bitcoin to hit $100,000 already? Are you sure you already have enough? Many of you don't even have 1 BTC. Come on! When that proverbial $100,000 arrives, all we can only do is look back to the past and wish that we bought more.

I guess many who are into Bitcoin are greedy and opportunistic but also unmindful. I'm curious if many of them will hodl when $100,000 arrives. Many will probably sell and enjoy it. By the time $300,000 arrives, they will have nothing.

[slaman29]

What is actually surprising to me is that people are already praying for the bull run and the $100,000 when they don't even have enough Bitcoin. To these people, are you really guys sure that you want Bitcoin to hit $100,000 already? Are you sure you already have enough? Many of you don't even have 1 BTC. Come on! When that proverbial $100,000 arrives, all we can only do is look back to the past and wish that we bought more.

I guess many who are into Bitcoin are greedy and opportunistic but also unmindful. I'm curious if many of them will hodl when $100,000 arrives. Many will probably sell and enjoy it. By the time $300,000 arrives, they will have nothing.

Nah, that is  not surprising at all, unless you are completely new to the crypto space...

Majority of people in crypto are praying for bull ever day, 100k? Try 1 million for Bitcoin. Try 100k for random coin of frogs and animals.

You're right they don't have enough Bitcoin, they don't have it. They have maybe 1 million random coin. If Bitcoin goes to 100k, they believe their coin goes x1000.

I hate to say it but people in crypto generally are worse than you think, and nothing surprised me anymore.

[Dave1]

What is actually surprising to me is that people are already praying for the bull run and the $100,000 when they don't even have enough Bitcoin. To these people, are you really guys sure that you want Bitcoin to hit $100,000 already? Are you sure you already have enough? Many of you don't even have 1 BTC. Come on! When that proverbial $100,000 arrives, all we can only do is look back to the past and wish that we bought more.

I guess many who are into Bitcoin are greedy and opportunistic but also unmindful. I'm curious if many of them will hodl when $100,000 arrives. Many will probably sell and enjoy it. By the time $300,000 arrives, they will have nothing.

Nah, that is  not surprising at all, unless you are completely new to the crypto space...

Majority of people in crypto are praying for bull ever day, 100k? Try 1 million for Bitcoin. Try 100k for random coin of frogs and animals.

You're right they don't have enough Bitcoin, they don't have it. They have maybe 1 million random coin. If Bitcoin goes to 100k, they believe their coin goes x1000.

I hate to say it but people in crypto generally are worse than you think, and nothing surprised me anymore.

Yeah, everyone is praying for $100k since the last bull run. But it didn't happen so obviously, why not give it a shot at the next run then? So everyone is on board right now with a 6 digit figures. Even seasoned members here, who have been in the market for so long thinks that in al eventually, we are going to hit that price.

So our answers might be answered in the next couple of years.

I don't want to comment about the people here in crypto, but as soon as we hit new ATH again, it will got worst, newbies hope to become crypto millionaires, perma bears, perma bulls FUDsters and others.

[ancafe]

We have read many similar predictions by many market analysts and so-called Bitcoin enthusiasts about the bright future of Bitcoin. This is not surprising and this post is not a speculation post. What is surprising is that such kind of optimistic predictions is coming from one of the banking majors. The current banking turmoil has helped Bitcoin to win the trust of the people.

Regardless of how the speculation happened and I'm sure everyone will hope that the bitcoin price will touch that number. Another important lesson, whether in the next year or when it will happen is very difficult to predict, because talking about price fluctuations and almost all speculators who try to predict everything is not right and always misses. But speaking broadly I believe it will happen?

The financial conditions controlled by the banks have put them at the stage of mistrust of people, with many cases of weakness in the way they serve customers, ranging from a scarcity of cash or a very complicated system of money transactions with them. On the other hand, transactions in bitcoin are progressing rapidly and there are almost no problems if done correctly, so that people's trust is getting higher for now.

Not all battles are fought on the battleground. Some are fought silently and patiently and time decides the winner. We are surely on the winning path!
Thoughts?

It won't take long for people to think of that? The real winners are people who are able to see opportunities, even though there was a lot of resistance initially regarding the new system offered by bitcoin and today we have especially seen how the advantages offered by bitcoin are not owned by other investment systems.