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Author Topic: BTC 100K FOR 2024 !  (Read 2114 times)
chillaxe (OP)
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May 06, 2023, 09:42:43 PM
 #1

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65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
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May 06, 2023, 09:53:04 PM
 #2

Bitcoin is one of the most difficult assets to speculate on because of Bitcoin's high volatility, there is no doubt that we can see a 100k Bitcoin price since Bitcoin price is always unpredictable, but then we have to put some things in place that could aid us in coming close to the future realities of bitcoin.
First, we must take into consideration of the Bitcoin cycle calculation and charts to know what exactly influences Bitcoin price at that time, the year 2023 has been filled with a lot of positive Bitcoin price attempts and price recovery after the 2022 cryptocurrency market fall., Bitcoin will likely touch somewhere around 50k to 60k this period before 2023 elapse but I don't think we can go anywhere near 100k in this 2023 market cycle even though Bitcoin price cant be predicted.

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Dr.Bitcoin_Strange
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May 06, 2023, 10:10:42 PM
 #3


65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

Bitcoin was never $65k last year, I think you are  talking about 2021.

Your speculation is really so high, which is good, and of course, who will not be happy if Bitcoin is able to hit $100k this year? Only those who have the intention to buy more would feel a bit upset about it.

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May 06, 2023, 10:54:31 PM
 #4

I also think 60K is more realistic. But come on, that was already in 2021 as Dr.BitcoinStrange says.
This year should be more if everything is correct.
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May 06, 2023, 11:06:44 PM
 #5



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

65k is not the highest ever price, it was 69k in 2021 and not last year. Although it is hard to predict or speculate a volatile asset like bitcoin but considering the past cycles it is possible to reach 100k after the 2024 halving.  Just like the past halvings, we can see the price continues to rise before the halving anc following this sequence it is possible to see a significant rise to 100k a year post halving. But not withstanding there are factors mostly economical or governmental policies that drives bitcoin prices and we don’t know what the future holds in regards to this prices. Also has the block reward for miners reduces to 3.125btc, also the amount needed to get mining tools many miners will leave off mining. This could also have is impact on the price. So base on past halving experience 100k is possible but not assured base on future circumstances.


Your speculation is really so high, which is good, and of course, who will not be happy if Bitcoin is able to hit $100k this year? Only those who have the intention to buy more would feel a bit upset about it.

This wouldn’t mean much because almost every investor will be expecting a high price, so people that have intentions of buying more will just accumulate some now and sell when the price is high then go back into buying again once the bearish period surfaces again. So I don’t think anyone who knows the trend will be upset about it

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May 06, 2023, 11:25:48 PM
 #6


This wouldn’t mean much because almost every investor will be expecting a high price, so people that have intentions of buying more will just accumulate some now and sell when the price is high then go back into buying again once the bearish period surfaces again. So I don’t think anyone who knows the trend will be upset about it

It may not really matter, but you know, some new investors may also be hoping that the market can drop way more than it is now so they can buy more, but I really wonder why they expect the price to dip more, maybe because they don't know more about Bitcoin volatility. The bitcoin price is supposed to be becoming bullish gradually by now, but it even seems as if the $32k mark might not be crossed this month. Based on the OP's speculation, I don't believe Bitcoin can reach $100k this year, unless the bull run is going to even happen before the halving takes place by 2024.

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May 06, 2023, 11:59:17 PM
 #7



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
You're wrong, not last year, it was in 2021 and not $65k.
The highest recorded price for Bitcoin was around $64.978k on 11/11/2021 (I think you consider it as $65k, would you?), 2021 which is considered a new ATH and didn't break so far.

This year?  I doubt it will not.
We've expected Bitcoin to halve next year and the price will usually break another ATH would be after a year based on previous events.  So it might be in 2025 Bitcoin will possibly reach that amount considering another Bitcoin price ATH.

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May 07, 2023, 01:09:50 AM
 #8



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

ATH is only generated after the halving, and the halving is more than 365 days away, so expecting a new ATH this year is almost impossible unless there is a change that history does not repeat, we have a new history...Many are predicting that bitcoin will hit $100k in the next bull season, which is a beautifully rounded number, but I think it will be even higher than what people want.

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May 07, 2023, 01:21:00 AM
 #9

Estimating BTC price FOR 2024  is an impossible task, the world is changing dramatically and no one will be able to estimate the price for the next six months, let alone more than 16 months.
Even relying on historical data will not be meaningful, as we have things such as inflation, the war crisis, recession, and the repercussions of COVID-19 with the absence of the buoy and the attempt of many countries to abandon the dollar, and SEC’s economic war on cryptocurrency exchanges. Therefore, it is almost impossible for the historical data to be accurate.The price could be very close to the previous peak, but it is too early to think about the price of 100,000, because supply has begun to decrease, but not to the extent that makes the price move much.

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May 07, 2023, 01:38:09 AM
 #10


Probably so. Saylor and few others were saying back in 2021 BTC will be 100k, of course we all know it didn't happened.

Not that Saylor and others are also saying more than 100k, you can already see where this all go. Ark Invest CEO Cathy Woods even says $1M. So don't expect much of it, but follow what the indicators of the chart. When its price hit ATH, its time.

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May 07, 2023, 01:41:08 AM
 #11

Estimating BTC price FOR 2024  is an impossible task, the world is changing dramatically and no one will be able to estimate the price for the next six months, let alone more than 16 months.
Even relying on historical data will not be meaningful, as we have things such as inflation, the war crisis, recession, and the repercussions of COVID-19 with the absence of the buoy and the attempt of many countries to abandon the dollar, and SEC’s economic war on cryptocurrency exchanges. Therefore, it is almost impossible for the historical data to be accurate.The price could be very close to the previous peak, but it is too early to think about the price of 100,000, because supply has begun to decrease, but not to the extent that makes the price move much.

Predicting the future is impossible, even predicting the bitcoin price for tomorrow is already an impossible task, let alone by the end of the year. History does not represent the future, but without history, there is no future. So there's nothing wrong with people relying on history to predict the future, and it's all conjecture, no one makes any definitive statements.

Admittedly, the world is going through a period of so many events, it can turn everything upside down and create a new history. But nothing has happened yet, so we can still expect old history to repeat itself.

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May 07, 2023, 02:06:48 AM
 #12


65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

This year? nah, I don't see bitcoin reaching $100k, we are not yet in a full bull run. We have the wait for the block halving next year and then we will see how it goes. For me maybe a good $40k'ish price will be good before entering next year.

Of course who wouldn't want the price to see 6 digits? But not this year though and as far as $100k in the next bull run, there are still a lot of factors to look at, regulations, FUD, supply and demand, etc. So let's see, the best thing for us to do is just continue to accumulate though. So in case $100k or higher can be achieve next year or 2025, then we will sure make a lot of profits.

R


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May 07, 2023, 03:35:29 AM
 #13

We got the employment numbers last Friday and they were very high. Employment is very tight. Not good for inflation. Good for stocks because earnings will be up but not for the fed rate decisions.

Our next CPI is estimated to come in at 0.6% which obviously is not ideal. It’s 6-7% annualized which is far from the 2% target. If there are no more bank failures and inflation stays this high then we might get more rate hikes and not good for stock or crypto.

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May 07, 2023, 04:51:01 AM
 #14



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

What you think is based on just that: that you think it. It has no basis in fact or pattern. The most likely scenario, according to bitcoin's past history, which is the only thing we can rely on to get an idea of future behaviour, is that $100,000 will be passed within a couple of years.

To say that the price is going to surpass that figure this year by looking at a bitcoin chart is mere lucubration. It is not impossible, but I see no reason to think so.

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May 07, 2023, 08:38:30 AM
 #15

We got the employment numbers last Friday and they were very high. Employment is very tight. Not good for inflation. Good for stocks because earnings will be up but not for the fed rate decisions.

Our next CPI is estimated to come in at 0.6% which obviously is not ideal. It’s 6-7% annualized which is far from the 2% target. If there are no more bank failures and inflation stays this high then we might get more rate hikes and not good for stock or crypto.

Regarding interest rates, I don't think the Fed will continue to raise rates as they have already hit their target of 5%-5.25%. Increasing interest rates further will not tackle inflation but will push the economy into recession faster. What is more frightening if they are maintaining this interest rate for a long time will also cause many consequences as much as continuing to raise interest rates. I think banks will continue to collapse in the near term, and that will make the economy worse. Many people think that's good for bitcoin, but I don't think so, bitcoin is also part of the world economy. People are having financial difficulties, even daily living expenses are a worry, there is no way they are willing to spend to invest.

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May 07, 2023, 10:11:35 AM
 #16

65K Last year record price ever !
I think this year it might be full 100K Final bullrun for the coin.
Bitcoin's previous ATH happened in 2021.
We are currently in 2023 and still waiting for the new ATH to arrive. This year it is still difficult to move past the previous all time high (ATH) and is unlikely to happen based on the course of the market in recent years.
In 2024 I don't want to say it will happen because I still see how the price journey this year which is still in May with the situation still having difficulty reaching the price of $35k.

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May 07, 2023, 11:04:43 AM
 #17

In my opinion, the price of Bitcoin could potentially reach $100K in 2024 as long as there are no threats to it in terms of competition and regulation, its limited supply and increasing popularity will ensure that it continues to reach new highs in the future. Moreover, if the bitcoin halving later occurs, the potential for printing new ATH is very possible. This has already happened where the Bitcoin price has reached ATH several times in the past, so it is possible that in 2024 the bitcoin price will reach $ 100k which is a new ATH.

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May 07, 2023, 11:07:34 AM
 #18

At least try to defend your idea with some plans or logical evidence that may support or endorse what you are trying to reach. Either just the feeling that during the next year we will reach the price of 100 thousand dollars, it is just I hope from you, and if you adopt it as an investment plan, it is better to change it, otherwise you may lose a lot of money. Money because it is based on dreams, not logical analysis.

The closest analysis could well be that we will reach that price sometime between 2025 and 2032.

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May 07, 2023, 12:26:43 PM
 #19



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

Why should you say a final bull run? If btc will last for many generations I would say that there's much more bull run to occur. More  ATHs to expect from the market. 100K is possible. Next year would be a great time. So use this year 2023 to stay liquid as we are still in the bear market and engage when market is clear going higher.

We got the employment numbers last Friday and they were very high. Employment is very tight. Not good for inflation. Good for stocks because earnings will be up but not for the fed rate decisions.

Our next CPI is estimated to come in at 0.6% which obviously is not ideal. It’s 6-7% annualized which is far from the 2% target. If there are no more bank failures and inflation stays this high then we might get more rate hikes and not good for stock or crypto.

Let this be a reminder to not have a long-term sentiment using a short-term or daily analysis. But I agree on the if and then scenarios. That's probabilities and how a trader or investor should react. That's how market works.

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May 07, 2023, 12:55:59 PM
 #20

Not last year, but last ATH was around 69k usd. This only proves that Bitcoins are very much capable and worthy for more high price. If we see the pattern, Bitcoin has shown the new ATH price in exactly 4 years, and this time it is the 4th year, so yes high possibility that we might see a bull run this time. Bitcoins are limited and it’s marketcap is high. So yes it is very valuable and rare coin. Now if the demand increase, the price will automatically go up. So without wasting more time, accumulate as many Bitcoins as you can now, and enjoy the profits later.

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May 07, 2023, 01:12:25 PM
 #21

Right now all we have to do is invest in Bitcoin. When the time comes, that is, when the bull run starts, we can get the return of our investments. I don't know if his 100k goal will be met, but it will at least set his ATH to a new level. 1-2 years is easy. For this reason, we should make our investments in a planned way so that we do not regret. Focusing directly on 100k is also wrong. Of course, it will make its ATH, maybe even higher than the price we expect. It makes the most sense to invest regularly rather than these predictions.
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May 07, 2023, 01:29:38 PM
 #22

In my opinion, the price of Bitcoin could potentially reach $100K in 2024 as long as there are no threats to it in terms of competition and regulation, its limited supply and increasing popularity will ensure that it continues to reach new highs in the future. Moreover, if the bitcoin halving later occurs, the potential for printing new ATH is very possible. This has already happened where the Bitcoin price has reached ATH several times in the past, so it is possible that in 2024 the bitcoin price will reach $ 100k which is a new ATH.
If only for new ATH, Bitcoin would not need to reach $100K. Because if Bitcoin can pass the price of $70K in 2024, that is also included in the new ATH for Bitcoin and I also believe in the possibility of under $100K than above.

Because in addition to the increase in interest and popularity of Bitcoin which has increased this year, we also have to see how difficult it is for Bitcoin to increase this year because 2024 will take place after this year ends, which means that it will not be long to wait for that year. Halvings are indeed a good moment for the price increase in Bitcoin, but I also wouldn't consider it the only way for Bitcoin to reach a new ATH in any given year.
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May 07, 2023, 02:01:43 PM
 #23

65K Last year record price ever !
I know what you mean, it might be 2021 with ATH of $68.7K according to Coinmarketcap as of November 10, 2021.

I think this year it might be full 100K Final bullrun for the coin.
The title of the thread says 2024 whereas in your thread it says this year will be the final price of 100K? I don't think the price of bitcoin is final, at any time the price can exceed that, from all the high prices we hope that whatever will happen later.

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May 07, 2023, 02:26:04 PM
 #24

ATH is only generated after the halving, and the halving is more than 365 days away,
The current estimate is less than 360 days, but that's only an estimate as the exact date could still shift.
I'm not really interested in knowing the exact date, but there is a formula to calculate it if needed. The point is that the 2024 halving is expected to trigger bullish which can eventually hit new ATH.

so expecting a new ATH this year is almost impossible unless there is a change that history does not repeat, we have a new history...Many are predicting that bitcoin will hit $100k in the next bull season, which is a beautifully rounded number, but I think it will be even higher than what people want.
So far the halving is one of the factors that can be called very fundamental to expect the bitcoin price to increase rapidly. Obviously there is no certainty about what the highest number will be after the halving, but in history bitcoin has always managed to record new ATH after the halving. That $100k seems too low when bitcoin can record 3x its previous ATH.

Something to think about right now is not about how much new ATH bitcoin will be after the halving, but how to increase this investment portfolio so that it can get good returns if the 2024 halving can hit new ATH. DCA and accumulation, that's good advice, so now is the time.

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May 07, 2023, 03:33:00 PM
 #25

so expecting a new ATH this year is almost impossible unless there is a change that history does not repeat, we have a new history...Many are predicting that bitcoin will hit $100k in the next bull season, which is a beautifully rounded number, but I think it will be even higher than what people want.
So far the halving is one of the factors that can be called very fundamental to expect the bitcoin price to increase rapidly. Obviously there is no certainty about what the highest number will be after the halving, but in history bitcoin has always managed to record new ATH after the halving. That $100k seems too low when bitcoin can record 3x its previous ATH.

Something to think about right now is not about how much new ATH bitcoin will be after the halving, but how to increase this investment portfolio so that it can get good returns if the 2024 halving can hit new ATH. DCA and accumulation, that's good advice, so now is the time.
Halving is history that will be made again for bitcoin to increase again and record new history with this being called a cycle after the halving occurred but we are already optimistic about the price of bitcoin to $100K if you say a 3x increase from the previous ATH then it must be at least 200K achieved but realistically 100K is indeed the closest thing that is likely to happen.

Let the halving happen with the remaining time with the most important thing is indeed the portfolio that must be watched to continue to increase to more and more, in theory it is very low below $30K just continue the accumulation until you really accumulate more in the portfolio.

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May 07, 2023, 03:57:38 PM
 #26



Something to think about right now is not about how much new ATH bitcoin will be after the halving, but how to increase this investment portfolio so that it can get good returns if the 2024 halving can hit new ATH. DCA and accumulation, that's good advice, so now is the time.

That's good advice, I see too many people expecting a new ATH, and they almost forget that accumulating should take precedence. Because when bitcoin goes up and hits $100k, but if we don't have bitcoin, we won't benefit from that either.

Bitcoin hit $100k almost imminent, we don't need to expect too much from it. Instead, try to collect as many bitcoins as possible so that we won't have any regrets when the bull season comes.

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May 07, 2023, 05:28:36 PM
 #27

Halving is history that will be made again for bitcoin to increase again and record new history with this being called a cycle after the halving occurred but we are already optimistic about the price of bitcoin to $100K if you say a 3x increase from the previous ATH then it must be at least 200K achieved but realistically 100K is indeed the closest thing that is likely to happen.

Let the halving happen with the remaining time with the most important thing is indeed the portfolio that must be watched to continue to increase to more and more, in theory it is very low below $30K just continue the accumulation until you really accumulate more in the portfolio.
I think $100k looks like a hell of a lot in 2024 if it's not impacted by big things like adoption and other. Even we never know if it is possible for bitcoin to be able to avoid crashes due to bad management in some centralized projects including exchanges or others, this is always a concern.

I'll just be following the developments and will probably prioritize preparing for bullish season. There's no telling when that $100k is hit, even if the halving had a big impact on the market, I think for it to get to $100k or higher there has to be something big behind it.

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May 07, 2023, 08:07:44 PM
 #28

Predicting Bitcoin price in the future is very challenging, even predicting the Bitcoin price for tomorrow is already very difficulty task, let alone by the end of the year. Bitcoin's previous ATH happened in 2021.
We are currently in 2023 and still waiting for the new ATH to arrive. For this reason, we should make our investments in a planned way so that we do not regret. Focusing directly on 100k is very wrong. It makes the most senses to invest regularly rather than these predictions. Invest in how you plan your investment, when the price is up to your taste you do whatever you want.

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May 08, 2023, 03:15:04 AM
 #29



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
while you are wrong about Last years Bitcoin recorded 65k as the highest , also Bitcoin did not record ATH as that price because it is 68k that the last highest value ever .
and 2024 100K, I think there is already thread here that has same value

look at those long years thread created for this same thought here

https://bitcointalk.org/index.php?topic=610447.0

https://bitcointalk.org/index.php?topic=1199451.0

https://bitcointalk.org/index.php?topic=1112184.0


Imagine how long those thread had been running ? but yes that is about the value when to climb at 100k .









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May 08, 2023, 03:22:57 AM
 #30

You don't seem to know what you're talking about. The record price of Bitcoin was not last year. It was the other year, 2021. And that price wasn't $65,000. Coingecko has it at $69,044.77.

I don't think Bitcoin will hit $100,000 this year. That $100,000 will most probably come several months after the halving, even more than a year. And since the halving will be in 2024, that $100,000 will either be in the final weeks of that year or in 2025.
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May 08, 2023, 03:50:38 AM
 #31

Bitcoin price did not reach $65,000 last year OP, because the price of Bitcoin was moving between $18,000 and $20,000 which really help long investors to used the opportunity to purchased a lot of coins from the market at the moment for future purpose. I think, the price of Bitcoin hit $65,000 in the month of November 2021 for those that invested in the past to use the bullish market to make a huge amount of money which many did at the moment the price of Bitcoin maintain $65,000 to made money from their investment. I don't think, it will be possible for the price of Bitcoin to reach $100,000 next year 2024 because the price is not pumping faster this year.

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May 08, 2023, 04:52:54 AM
 #32



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
While many are predicting a substantial spike for Bitcoin for 2024, there is no doubt at all that we will see Bitcoin reach 100k or more in the future. Bitcoin must reclaim the $65k level to regain positive momentum to attract Investors who may be increasing demand rather than supply.
In early May, Bitcoin experienced a decline but is still in a bullish trend, if Bitcoin continues to be on a bullish path, then there is the potential for Bitcoin to face a significant level of resistance. Actually I don't want to be too bothered by the achievement of Bitcoin in 2024, as a Bitcoin holder, I will try to maintain the assets that I have until the price that has been targeted when buying.

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May 08, 2023, 07:37:52 AM
 #33



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

In 2021, the last Bitcoin price was the highest in its life. And in 2024 Bitcoin halving is going to start again but this time many experts predict double growth than last season. However, according to the Halving chart, the blog is decreasing, so the price of Bitcoin will increase as long as it goes. Especially if we look at the halving cycle, we can understand that every four years Bitcoin halving starts, and according to the Bitcoin halving, the price of Bitcoin increases every season, but the price of Bitcoin will also increase in 2024. If the price of Bitcoin does not increase in 2024, then the price of Bitcoin will definitely increase in 2025. (Because it was in 2020 but come 2021 the price of Bitcoin increased).

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May 08, 2023, 10:25:55 AM
 #34



so expecting a new ATH this year is almost impossible unless there is a change that history does not repeat, we have a new history...Many are predicting that bitcoin will hit $100k in the next bull season, which is a beautifully rounded number, but I think it will be even higher than what people want.
So far the halving is one of the factors that can be called very fundamental to expect the bitcoin price to increase rapidly. Obviously there is no certainty about what the highest number will be after the halving, but in history bitcoin has always managed to record new ATH after the halving. That $100k seems too low when bitcoin can record 3x its previous ATH.

for me, halving is the most important catalyst for us to see new ATH.  we don't know if things will change, but history has proven it 3 times, and we have every right to hope it happens again. I will still believe in history until bitcoin makes new history for us.

Something to think about right now is not about how much new ATH bitcoin will be after the halving, but how to increase this investment portfolio so that it can get good returns if the 2024 halving can hit new ATH. DCA and accumulation, that's good advice, so now is the time.

that's what I'm doing, I don't really care too much when bitcoin will hit the new ATH. Because I believe it will definitely happen in the future.  Even if history doesn't repeat itself, a new ATH will still be generated on another day.

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May 08, 2023, 02:20:45 PM
 #35



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
Let's hope it happens in the next year or sooner. It would make all of us very happy if it really happened because we had all tried to survive until now. But it could be $100k later this year or later in the year because when the halving comes and that could mean it will be over $100k.

So while the time is yet to come, we must prepare for it by continuing to accumulate more bitcoins. And if the $100k comes in quicker than it is right now, we can sell some of it and keep the rest to sell on the new ATH.

And for now, we have to be patient because now bitcoin has corrected again and is at $27k. I don't know how long this will last, but we must survive and buy more bitcoins.

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May 08, 2023, 03:13:42 PM
 #36



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

it won't be possible for Bitcoin to reach 100K in 2024. let's just be rational using logic. Even if it reaches ATH alone, it is very much enough, considering that if it is too big a bubble, maybe when it bursts it will make the crypto market fall significantly. So I just hope that the Bitcoin price will be able to increase, but slowly, because it's much better.

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May 08, 2023, 03:43:16 PM
 #37

Bitcoin price did not reach $65,000 last year OP, because the price of Bitcoin was moving between $18,000 and $20,000 which really help long investors to used the opportunity to purchased a lot of coins from the market at the moment for future purpose. I think, the price of Bitcoin hit $65,000 in the month of November 2021 for those that invested in the past to use the bullish market to make a huge amount of money which many did at the moment the price of Bitcoin maintain $65,000 to made money from their investment. I don't think, it will be possible for the price of Bitcoin to reach $100,000 next year 2024 because the price is not pumping faster this year.

This is a great view from the outside perspective, as it gives an insight into the uninformed mind. The uninformed mind is a valuable indicator, as usually the market reacts the opposite. At the top of the bull market, the uninformed mind buys. At the bottom of the market, the uninformed mind sells. At the beginning of a bull market, the uninformed mind disbelieves. The cycle continues until they become informed.

Sebas.tian, the pace of which Bitcoin is rising in the interim has no relevance as to how it performs in the future. There are three things that you should know:
- Bitcoin was artificially increased during the 2020-21 bull market and artificially decreased during 2022, due to FTX and LUNA.
- The Bitcoin halving has been proven to have a positive impact on Bitcoin price in a year range (before and after) it happens. This will occur during 2024 and will most likely have a positive impact on its price.
- The western and European banking sector and monetary systems are showing extremely concerning signs that will cause the devaluation of their money for as long as weakness continues (very likely), which means Bitcoin will become more valuable due to growing weakness.
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May 08, 2023, 03:43:21 PM
 #38

Predicting Bitcoin price in the future is very challenging, even predicting the Bitcoin price for tomorrow is already very difficulty task, let alone by the end of the year. Bitcoin's previous ATH happened in 2021.
We are currently in 2023 and still waiting for the new ATH to arrive. For this reason, we should make our investments in a planned way so that we do not regret. Focusing directly on 100k is very wrong. It makes the most senses to invest regularly rather than these predictions. Invest in how you plan your investment, when the price is up to your taste you do whatever you want.
That is the reason why this thread deserves to be on the speculation board because the goal is to predict what will happen tomorrow or the next days regarding the bitcoin price. Of course you can suggest a better solution than thinking too much about what will happen tomorrow, one of which is planning an investment.

Bitcoin price movements are always difficult to predict for one reason or another, but in general you might be able to use several factors to do both fundamental and technical analysis, it will definitely be useful for your long term investment plans. I've said that $100k in 2024 might be too high to hope for, but of course if bitcoin isn't impacted by big things.

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May 08, 2023, 06:58:33 PM
 #39

Yeah, 100k is simply not gonna happen any time soon, not even 60k for that matter, and anyone who believes that is high on something. Hopium? Copium?

In fact, I'll be surprised if the price doesn't go the opposite direction, but let say we live in a parallel universe where bitcoin managed to go from ~30k to 100k within a year, I'll be more scared than happy, knowing that the crash would have more blood than any from before.

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May 08, 2023, 09:20:09 PM
 #40

I suppose that when you say 2024 you are saying that the whole year of 2024 will not end without the price reaching 100K, as you did not mention the month and you only speak the year 2024 I could even tell you that it is not a price forecast impossible to come true, but it is a much more difficult price forecast to come true, at least based on what we are currently seeing, it may be that in a few months the scenario will be very positive that will lead us to dream of 100K next year, but the point is that even above 32000$ the price is not, which means that we are still in the danger zone that would be to go back to 15000$

as long as the price remains below 32000$ there is still a greater chance of seeing the price fall a lot again and touch 15000$ and then we will see the price below 30,0000$ for more long months and that is why a forecast of 100K does not make much sense in the current scenario, if we were at a price of 60,000$ then there would be a good reason to dream of 100K even if it were not for 2024, it could be for 2025, it would have a chance of reaching 100K, but we are currently in a dangerous situation where buying can be a risk, that's why even I prefer to keep an eye on the path we are going, only after I see the price above 32000$ would I be calm, but I don't believe in 100K even in 2 years

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May 08, 2023, 10:07:49 PM
 #41



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

I don't know where you got the $65k last year price. But the information is wrong and 65k is not even the ATH.
I don't know how and why this $100k hype has started again and this time around it's coming earlier than expected. I do not have any expectations in $100k price. During the last bull run, at the heat of it, 100k wasn't achievable, so I don't see any hype that will pull btc to 100k by 2024.

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May 08, 2023, 10:12:53 PM
 #42

You'll see the variety of thoughts for 2024.

There goes the many that hopefully are waiting for it to reach at $100k and there goes those that don't like that thought of thinking that it's gonna be a year of reaching new ATH.

And for you to say that last year bitcoin reached $65k ($69k ATH), well, you should look first at what year that happened because you're lack 1 year of saying that because it happened on 2021.

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May 08, 2023, 11:00:56 PM
Merited by JayJuanGee (1)
 #43



Something to think about right now is not about how much new ATH bitcoin will be after the halving, but how to increase this investment portfolio so that it can get good returns if the 2024 halving can hit new ATH. DCA and accumulation, that's good advice, so now is the time.

That's good advice, I see too many people expecting a new ATH, and they almost forget that accumulating should take precedence. Because when bitcoin goes up and hits $100k, but if we don't have bitcoin, we won't benefit from that either.

Bitcoin hit $100k almost imminent, we don't need to expect too much from it. Instead, try to collect as many bitcoins as possible so that we won't have any regrets when the bull season comes.
If I don't have good personal portfolio, there is no advantage for 100k or more bitcoins price. Moreover, many of us hope for Bitcoin's ATH with a small amount of Bitcoin, so if Bitcoin gets it's ATH, even if it is 3x of my small amount of wealth, it will not be effective for me. So a Bitcoin holder needs to plan for the long term and move forward. Otherwise it will be almost impossible to be profitable. Those who are accumulating bitcoin with DCA in one stage they will be benefited from the ATH of bitcoin.

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May 08, 2023, 11:31:53 PM
 #44

Ironically the more people think 100k will happen I think that makes it less likely, ideally nobody thinks its possible then we can rise.  2024 is next year but its only 6 months which means people are too expectant of gains which leads to trouble, I'd be more comfortable if people said 2025 then its almost realistic and out of reach so not a trouble.  
  When you put down 2024 there is for sure more then a few people who will be ready to complain on January 1st if its not happened and Im almost certain it wont.   I reckon we probably have to sell off in early 2024 to rid the disillusion of the weak holders the over balanced over leveraged speculators first before it can really rise, that would imply then the end of 2024 at the earliest for such a gain.  Every prior milestone from the 2021 rise onwards is now lying in the path of gains and its presently weighing a ton resisting price action for BTC moving it out of the way.

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May 09, 2023, 02:32:03 AM
 #45

https://i.ibb.co/PhSBhJW/BTC11.jpg

65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
I don't know where you got the $65k last year price. But the information is wrong and 65k is not even the ATH.
(....)
$65,000 as an all-time high is rounded off  Cheesy and it is also a psychological price, there are some people even telling $60,000 is an all-time high. So it's ok for me.

About the new all-time high for 2024, I am really looking forward for this because I am also basing on the Bitcoin block halving, because on past bitcoin block halving of Bitcoins, before the event we always see upward price actions on Bitcoin.

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May 09, 2023, 04:48:55 AM
 #46

2024 there will be a halving so the hope to see the price skyrocket is huge, many are hoping to reach at least $100k but the price is $100k of course it depends if 2023 can reach at least $60k or be as close to ATH as ever, don't expect the $100k price to happen in 1 or 2 months if the current price is still $27k.

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May 09, 2023, 04:14:06 PM
 #47

Halving is history that will be made again for bitcoin to increase again and record new history with this being called a cycle after the halving occurred but we are already optimistic about the price of bitcoin to $100K if you say a 3x increase from the previous ATH then it must be at least 200K achieved but realistically 100K is indeed the closest thing that is likely to happen.

Let the halving happen with the remaining time with the most important thing is indeed the portfolio that must be watched to continue to increase to more and more, in theory it is very low below $30K just continue the accumulation until you really accumulate more in the portfolio.
I think $100k looks like a hell of a lot in 2024 if it's not impacted by big things like adoption and other. Even we never know if it is possible for bitcoin to be able to avoid crashes due to bad management in some centralized projects including exchanges or others, this is always a concern.

I'll just be following the developments and will probably prioritize preparing for bullish season. There's no telling when that $100k is hit, even if the halving had a big impact on the market, I think for it to get to $100k or higher there has to be something big behind it.
We know that the $100k price tag is always very close in 2024 maybe they think after the immediate halving there is rapid growth with the bulls to come, but I don't think it will be influenced by other big things because adoption of course requires a longer process, but I think anything can happen if the price has exceeded ATH again in the year.

I think I've prioritized from now on before the bullish season comes sooner so I'm going to move more focus on bitcoin to accumulate from the lows, so when the time comes quicker due to some adoption then we're ready with more bitcoin from early collection.

At least prepare from now, we don't know if it will come earlier?

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May 09, 2023, 04:24:27 PM
 #48

2024 there will be a halving so the hope to see the price skyrocket is huge, many are hoping to reach at least $100k but the price is $100k of course it depends if 2023 can reach at least $60k or be as close to ATH as ever, don't expect the $100k price to happen in 1 or 2 months if the current price is still $27k.
In fact, no one can predict exactly when the price of Bitcoin will reach in which place. And In my think in 2023 Bitcoin can't beat the range of 60k and also think that on 2024 bitcoin will reach at a good place for the halving or bull trend ,but I won't think it can be confirmed that it will touch 100k on 2024k but together 2024 and 2025 in the end of 2025 we can see that bitcoin may touch a new all time high and also many giant tech firm and analysis says that .


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May 09, 2023, 04:53:57 PM
 #49

2024 there will be a halving so the hope to see the price skyrocket is huge, many are hoping to reach at least $100k but the price is $100k of course it depends if 2023 can reach at least $60k or be as close to ATH as ever, don't expect the $100k price to happen in 1 or 2 months if the current price is still $27k.
In fact, no one can predict exactly when the price of Bitcoin will reach in which place. And In my think in 2023 Bitcoin can't beat the range of 60k and also think that on 2024 bitcoin will reach at a good place for the halving or bull trend ,but I won't think it can be confirmed that it will touch 100k on 2024k but together 2024 and 2025 in the end of 2025 we can see that bitcoin may touch a new all time high and also many giant tech firm and analysis says that .
I totally agree with what you said, Bitcoin is unprofitable and probably only whales are able to speculate accurate prices due to they own huge amount of a certain digital coins, that means the whole market is controlled by them. In my opinion, Bitcoin will never reach ATH during the year, it is unrealistic to be achieved to be honest but probably the price will rise significantly in next year ( after the halving) , how much it will increase ? We don’t know.
Moreover, it is better to invest more than you can afford to lose in this period due to the price is affordable , and I highly doubt if a solid bull run will be occurred in the next few months.
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May 09, 2023, 05:38:43 PM
 #50



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
Unfortunately Bitcoin doesn't work this way by beating whatever high that was left the other year to set new highs the following year.
For highs to be made, something has to stimulate the markets say new regulation, influential or big country adopting crypto or someone like Elon Musk twits or signals a positive that the world should support the stride made by crypto coins. Otherwise price àction does suggest a bullish trend , just not sure if it will have the momentum to reach 100k.


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May 09, 2023, 05:49:49 PM
 #51



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
Bitcoin's ATH was not last year You are misrepresenting. The year 2022 was very painful for Bitcoin investors due to the worst performance of Bitcoin. Bitcoin market is not easy to predict as anything can happen anytime in the market.

So it is difficult to predict when the bull market will start, so I think Bitcoin may take longer to achieve your target. But I am very optimistic that Bitcoin will achieve the $100k price target in the near future and give Bitcoin investors a long relief.

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May 09, 2023, 10:43:01 PM
 #52



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

Everyone thinks it will be 100k$ or more by the year 2024, but of course this is still a speculation until it happens. But even so, a lot is expected in that regard. That's why many hold bitcoin.

       That's why what's happening right now is that the fees are too high for every transaction made by bitcoin holders. Couldn't this be a test of bitcoin heavy before it kicks the market really hard again?



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May 10, 2023, 01:10:06 AM
 #53

it doesn't matter, even if you say $1,000,000  Cool
everyone is free and has the right to predict the price of bitcoin, but the current facts say that it is already May and the price of bitcoin is still stuck below $ 30k. $30k is a resistance point that is difficult for bitcoin to penetrate, counting only a few times bitcoin penetrated $30k but failed to stay above $30k because the price fell again.

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May 10, 2023, 04:22:30 AM
 #54



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
This price was predicted to be reached by Bitcoin during the previous bullish period but apparently, it was not reached, so for the future bull run it is very possible to achieve it but it will happen several months after next year's halving.
The attacks that are being experienced by the Bitcoin network will make people focus more on the current situation than predicting the price that Bitcoin will reach, even Bitcoin is very likely to fall from the current price, because people who trade normally in bitcoin consider it to be unprofitable considering the network fee which can be said to be unreasonable even though this is not as high as the ETH fee some time ago.
So a price of $100K will Bitcoin hit but not anytime soon.

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May 10, 2023, 11:39:48 AM
 #55



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
What if that 4 year pattern that we have been using to predict the growth is priced in already? What if we have focused on scaling price and didn't realize scaling time as well? That we were trusting blindly to 4 year pattern meme and enough fundamentalistic to keep pushing new hights as fast as we did before?

Imho there's a high possibility that bitcoin doesn't rise that much in this run. Well either this or next one, fundamentals tells me that this growth rate feels unsustainable against the hash power that network is going to take.

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May 10, 2023, 12:05:37 PM
 #56

I suppose that when you say 2024 you are saying that the whole year of 2024 will not end without the price reaching 100K, as you did not mention the month and you only speak the year 2024 I could even tell you that it is not a price forecast impossible to come true, but it is a much more difficult price forecast to come true, at least based on what we are currently seeing, it may be that in a few months the scenario will be very positive that will lead us to dream of 100K next year, but the point is that even above 32000$ the price is not, which means that we are still in the danger zone that would be to go back to 15000$

as long as the price remains below 32000$ there is still a greater chance of seeing the price fall a lot again and touch 15000$ and then we will see the price below 30,0000$ for more long months and that is why a forecast of 100K does not make much sense in the current scenario, if we were at a price of 60,000$ then there would be a good reason to dream of 100K even if it were not for 2024, it could be for 2025, it would have a chance of reaching 100K, but we are currently in a dangerous situation where buying can be a risk, that's why even I prefer to keep an eye on the path we are going, only after I see the price above 32000$ would I be calm, but I don't believe in 100K even in 2 years

But what if the price is above $30k or $32k? What evidence will prove that once bitcoin crosses $32k, we will get out of the bears and not be able to drop below 20k$? If you keep assuming that the 4-year cycle is repeating itself, then even if bitcoin hits $40k, there's no guarantee that bitcoin won't fall back, let alone $30k. If I'm not mistaken, bitcoin also crossed the $30k mark in March, but we couldn't stay there for too long.

2024 is the year the halving will take place, and if I'm not mistaken, the bull season will only come 1 year after the halving, so we can't expect bitcoin to hit $100k in 2024.

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May 10, 2023, 02:26:36 PM
 #57

It's a big thing and it's getting more and more popular if the bitcoin price can reach $100k, right now it looks difficult but I'm sure $100k will happen soon, if the year the price can reach at least $50k then a maximum of 2 more years or 2025 the price will reach $100k, moreover In 2024 there will be a halving day which will usually make prices skyrocket.
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May 10, 2023, 09:54:56 PM
Merited by fillippone (1)
 #58

I also think 60K is more realistic. But come on, that was already in 2021 as Dr.BitcoinStrange says.
This year should be more if everything is correct.
You can never be too sure about the price of bitcoin at the end of this year. It's possible that by the end of the year, the $60k pricing won't be realistic. Although there are signs that the price of bitcoin will progressively rise as the time leading up to the halving season of 2024 approaches. However, by the end of the year, at the very least, I can foresee a price tag of $45,000.

Currently in the second quarter of the year, the price of bitcoin fluctuates between $27k – $30k. Remaining few months to go(to end the year). Let's be hopeful that bitcoin would wrap it up with a good price that will push to next year. 

R


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May 10, 2023, 09:57:47 PM
 #59

It's a big thing and it's getting more and more popular if the bitcoin price can reach $100k, right now it looks difficult but I'm sure $100k will happen soon, if the year the price can reach at least $50k then a maximum of 2 more years or 2025 the price will reach $100k, moreover In 2024 there will be a halving day which will usually make prices skyrocket.
We can reach that price in time, for now we have to experience this dump again in order to have a healthy pump. Take this opportunity now to buy more Bitcoin because this might be the last dump before we aim for a higher price. Halving will be a big thing, the hype for this will usually start at the second half of the year and I’m very bullish with Bitcoin and the cryptomarket as a whole, do your best action now.

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May 13, 2023, 09:24:47 AM
 #60

I think it is very possible that the Bitcoin price will reach $100k. If you look at the movement of bitcoin prices throughout 2021, when at that time the price of bitcoin rose to 123% and the price of bitcoin reached more than $60k which is a new ATH, then it is possible that later the price of bitcoin will reach $100k as many experts have long predicted.

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May 13, 2023, 03:37:14 PM
 #61

Everyone thinks it will be 100k$ or more by the year 2024, but of course this is still a speculation until it happens. But even so, a lot is expected in that regard. That's why many hold bitcoin.

       That's why what's happening right now is that the fees are too high for every transaction made by bitcoin holders. Couldn't this be a test of bitcoin heavy before it kicks the market really hard again?
We are free to speculate on the price of bitcoin in the coming year but we never know the exact time, so that is what many references to speculators do in this way, as for the belief that 2024 is the peak, it might happen at the same time the halving has already happened so we are just waiting for the moment when the bullrun will come.

Because many people hold bitcoin because it is the most important asset in the long term, as their investment is in this coin, including myself, to believe in bitcoin, which will rise because it has a history of that extraordinary cycle.

What happened to the following year? We look forward to more positive news about greater adoption likely with these factors bitcoin will come in bullishly.

R


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May 13, 2023, 06:18:13 PM
 #62



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
It is possible but not sure, we are still in the middle of the year so there is still a chances of rising up to 75k$ and if everything goes well 100$in the second quarter of the year 2024, but still it depends on the market condition and the  news so i will say its not so sure that it will go rise up to 100k$ prediction is just a prediction.

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May 13, 2023, 06:49:01 PM
 #63

Why is everyone speculating a $100k price for bitcoin as if, it is the benchmark price of bitcoin for the next bull run? Have we all tried to reason the possibility of, if bitcoin finds its way below $80k price or above $120k?
Moreover, bitcoin didn't promise any particular price that it must get to, in the next bull run. Whatever price we see, I believe we are going to accept it wholeheartedly without questioning it. Why it should or should not get to that price at the bull run in 2024/2025

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May 14, 2023, 06:11:49 AM
 #64

Why is everyone speculating a $100k price for bitcoin as if, it is the benchmark price of bitcoin for the next bull run? Have we all tried to reason the possibility of, if bitcoin finds its way below $80k price or above $120k?
Moreover, bitcoin didn't promise any particular price that it must get to, in the next bull run. Whatever price we see, I believe we are going to accept it wholeheartedly without questioning it. Why it should or should not get to that price at the bull run in 2024/2025

It's because if we look at Bitcoin's past history, the projection is around 2.x something from the last all time high. So if our last all time high is around $69,000 x 2.x then it's easy $100,000 minimum in 2024/2025.

Nevertheless, we really don't know what is going to happen next, it could hit 6 digits figure of $100,000 or even higher, or we just go around $80,000 or less. But regardless, it's sure profit for everyone if they will just to continue and hold and accumulate BTC right now till the next bull run.

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May 14, 2023, 06:34:53 AM
 #65

The price of $ 100k, of course, occurs gradually, it is impossible for the price of $ 30k to become $ 100k, I think in 2024 it will rise because a halving day will occur, but if in 2023 the price is still as it is today, which is in the range of $ 30k then it will be difficult to reach $ 100 k in 2024, if there is an increase, it will not be more than 100% in a short time or will be close to the ATH that has occurred in 2021.


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May 14, 2023, 11:22:50 AM
Merited by uche6215 (5), JayJuanGee (1)
 #66

Nobody can give the exact price that bitcoin will reach next year 2024. The halving will take place next year around April,and it will be very uneasy for bitcoin price to hit 100k next year. We are still around 26k which is still very low compare to 100k.

On the other hand bitcoin is a volatile asset which the price movement is not understandable, we might wake up one morning and see that the price has pump up beyond our imagination. It might be possible according to your speculation but let's not put our mind on 100k price next year so that if the price reaches 100k,then good for all investors. I am expecting this price by 2025

R


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May 14, 2023, 01:26:12 PM
 #67

2024 there will be a halving so the hope to see the price skyrocket is huge, many are hoping to reach at least $100k but the price is $100k of course it depends if 2023 can reach at least $60k or be as close to ATH as ever, don't expect the $100k price to happen in 1 or 2 months if the current price is still $27k.
Right mate, it will take a long time for bitcoin to go to $100k. Bitcoin price predictions vary widely, with some predicting it could reach as high as $50k while others believe it will stay close to current levels or even decline slightly. One thing for sure is that the future of Bitcoin looks very promising but if you wait patiently, you will see something good.

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May 14, 2023, 02:05:54 PM
 #68

The price of $ 100k, of course, occurs gradually, it is impossible for the price of $ 30k to become $ 100k, I think in 2024 it will rise because a halving day will occur, but if in 2023 the price is still as it is today, which is in the range of $ 30k then it will be difficult to reach $ 100 k in 2024, if there is an increase, it will not be more than 100% in a short time or will be close to the ATH that has occurred in 2021.
I agree with you, surely Bitcoin must increase in stages from this year, and today the price of Bitcoin is still in the range of $ 26K, at least this year Bitcoin must reach a price level of more than $ 40k to be able to have expectations in 2024 Bitcoin to reach $ 100k. , today Bitcoin is still upset in a value below $ 30K, on the other hand the economy is still not stable which makes it difficult for me to say Bitcoin can reach $ 100K in 2024.


Nobody can give the exact price that bitcoin will reach next year 2024. The halving will take place next year around April,and it will be very uneasy for bitcoin price to hit 100k next year. We are still around 26k which is still very low compare to 100k.

On the other hand bitcoin is a volatile asset which the price movement is not understandable, we might wake up one morning and see that the price has pump up beyond our imagination. It might be possible according to your speculation but let's not put our mind on 100k price next year so that if the price reaches 100k,then good for all investors. I am expecting this price by 2025
Yes, no matter how great people predict the price of Bitcoin he is also actually blind to what he predicts, what is the specification is just a picture of the calculation of the tools he uses, Bitcoin volatility makes it difficult to understand, will we repeat history or not next year.

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May 14, 2023, 02:56:32 PM
 #69

The price of $ 100k, of course, occurs gradually, it is impossible for the price of $ 30k to become $ 100k, I think in 2024 it will rise because a halving day will occur, but if in 2023 the price is still as it is today, which is in the range of $ 30k then it will be difficult to reach $ 100 k in 2024, if there is an increase, it will not be more than 100% in a short time or will be close to the ATH that has occurred in 2021.
It is difficult for the bitcoin price to immediately increase to $ 100k, especially since the current bitcoin price is still below $ 30k. But to reach $ 50k, maybe it can happen before the end of the year but that also looks at the market conditions or the world economic situation at that time. If world economic conditions are still like they are now and there is still a lot of negative news, maybe until the end of the year, the bitcoin price will still be like it is now. But in the long term, the price of bitcoin will increase and may exceed $ 100k in price.

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May 14, 2023, 03:56:49 PM
 #70

The price of $ 100k, of course, occurs gradually, it is impossible for the price of $ 30k to become $ 100k, I think in 2024 it will rise because a halving day will occur, but if in 2023 the price is still as it is today, which is in the range of $ 30k then it will be difficult to reach $ 100 k in 2024, if there is an increase, it will not be more than 100% in a short time or will be close to the ATH that has occurred in 2021.
most people speculate like that, many believe that the next halving will occur in 2024. if this really happens of course the price of bitcoin will slowly rise because the closer to 2024 the more people buy. but this is still uncertain because it is not certain that the halving will occur in 2024, as we know that the crypto market is unpredictable.

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May 14, 2023, 05:25:10 PM
 #71

Price of bitcoin is very hard task to find out but as we see from the past that price has cross 30k$ in recent year so now its lower at some extent, this activity of price shows that anything can happen with the value of bitcoin and we are not sure about the real value in future. We have strong hopes that one day bitcoin will reach to 100k$ but we don't know and cannot predict the day or the year or enhancement to reach the value of 100k$. As we know that coming year will be a halving year so there is a possibility to reach the maximum price but lots of people will get the benefit so there is also a chances to go down after selling by most of the people.









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May 14, 2023, 08:59:22 PM
 #72

I think it is very possible that the Bitcoin price will reach $100k. If you look at the movement of bitcoin prices throughout 2021, when at that time the price of bitcoin rose to 123% and the price of bitcoin reached more than $60k which is a new ATH, then it is possible that later the price of bitcoin will reach $100k as many experts have long predicted.
Predictions don't have the power the push the price up or drag it down, it's all about the flow of the money that the market reacts to, if there is buying pressure and a lot of adoption which means more investments, the price will keep going up, but if there is more selling than buying then that doesn't make the price keep going forward.

The mainstream events that occur in any part of the world that are directly or indirectly related to cryptocurrencies can also have an effect on the market but only if people react to them and act upon them causing FUD or other market sentiments.

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May 14, 2023, 09:27:50 PM
 #73



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

You have to understand something about bitcoin with the price because whenever you think price will go the way you think it might turn up going against your planned. Seeing another ATH by end of this years is something which we can't think of but one thing that gives me courage is about the volatility level meaning there's every tendency for the price increase or decrease at any given point, as holder or a trader we have to be optimistic towards the price.


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May 15, 2023, 02:16:04 AM
 #74

Well my Bitcoin price predictions has not been very accurate if I am going to be honest. I predicted a price of BTC to be 100k by the end of 2022. So maybe I am not the best for this price prediction. But even then I am still remaining 'bullish'. 

The year 2024 is still a far time away in terms of crypto. And I think it there is good chance price will be closer to 100k. My prediction is that in the year 2024 the price of 1 btc will be 50k to 100k in price.

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May 15, 2023, 03:26:59 AM
 #75

Well my Bitcoin price predictions has not been very accurate if I am going to be honest. I predicted a price of BTC to be 100k by the end of 2022. So maybe I am not the best for this price prediction. But even then I am still remaining 'bullish'. 

You are not the only one, I think majority of us, (including myself) thinks that 6 digits is going to happen in 2021. Because everyone is being livid about the S2F modelling wherein it put the price at somewhat around $120k-$180k, but obviously it didn't happen.

The year 2024 is still a far time away in terms of crypto. And I think it there is good chance price will be closer to 100k. My prediction is that in the year 2024 the price of 1 btc will be 50k to 100k in price.

Hopefully this time we will finally see a 6 digits price on bitcoin. And if will be first time to see the price so the best thing for us to do right now is just continue to accumulate and if ever it hit then good for us, more profits. If not but still hitting a new all time high as every bull run, still be happy. So it's a win win for us to accumulate and HODL.
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May 15, 2023, 04:40:50 AM
 #76

I think the hope to see the price can reach $ 100k is in 2024, many people are waiting for the price of $ 100k because if $ 100k is reached it will make investors more optimistic about the future of bitcoin, conversely if the price does not reach $ 100k soon then many will think that bitcoin there is no hope in the future so what will happen is the price will continue to decline.

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May 15, 2023, 05:24:34 AM
 #77



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
first learn how to put the real recorded price before bringing speculation here , imagine you are showing a prediction of 100k when you dont even know the actual price from the last bull run and it is not last year instead it is in the past 2021 .

     -Also expecting 100k in the next year for me ? is overstatement because while there are many thought that Bullrun will happen in the next halving yet the effect takes place mostly in the next year.

so if it is in 2024 then the bull must be in 2025?

anyway what ever comes , it is not in 2024 I believe that it is not just 100k but even higher.


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May 15, 2023, 11:18:15 AM
 #78

I think the hope to see the price can reach $ 100k is in 2024, many people are waiting for the price of $ 100k because if $ 100k is reached it will make investors more optimistic about the future of bitcoin, conversely if the price does not reach $ 100k soon then many will think that bitcoin there is no hope in the future so what will happen is the price will continue to decline.
I guess you're the only one who thinks that way, while other people are unlikely to think that way for Bitcoin. Moreover, for investors who have known Bitcoin for a long time and have taken advantage of Bitcoin several times, of course they will continue to be optimistic and believe in Bitcoin even though they don't see a price of $100K in the near future or in the next year. Because the minds of investors are not the same as yours, they will definitely still love and will not just forget Bitcoin just because the price does not reach $100K.
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May 15, 2023, 02:06:13 PM
 #79

65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
Everyone investors expectations in bitcoin is for the market of bitcoin to be propagated so that long term investors will be able to make huge or a different profit, bitcoin increment is not measurable neither predictable, when we emphasis on bitcoin price we are just assuming because we are not sure of what we are saying concerning bitcoin, I know quite well that bitcoin might increase due to the demands is high but not to an extent of bitcoin  price reaching to the level of hundreds thousand [100k] so the market demands determined if actually bitcoin price can reach to an extent of such figures,  bitcoin the highest increment bitcoin has experienced if I'm not mistaken is during the time bitcoin experienced increase of sixty to sixty three neither sixty five thousand [60/63/65k] If I'm not mistaken, so that time bitcoin has not experienced any increment that's more than that.

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May 15, 2023, 02:22:25 PM
 #80

65K Last year record price ever !
Ok, Dr.Bitcoin_Strange has corrected that. It was actually in 2021, not last year.

Quote
I think this year it might be full 100K Final bullrun for the coin.
Nah, I don't see Bitcoin surpassing its present ATH of $68k+ let alone hitting $100k this year. It will indeed be a huge miracle if that ever happens. The >$100k will happen after halving in 2024/25.

Have we all tried to reason the possibility of, if bitcoin finds its way below $80k price or above $120k?
Whatever high-high we get in 2025 should form the new ATH and with assurance birthed from experience, I know it won't be anything around $80k. We should be talking about a figure that's more than double of the last ATH.

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May 16, 2023, 05:30:51 PM
 #81

Price of bitcoin is very hard task to find out but as we see from the past that price has cross 30k$ in recent year so now its lower at some extent, this activity of price shows that anything can happen with the value of bitcoin and we are not sure about the real value in future. We have strong hopes that one day bitcoin will reach to 100k$ but we don't know and cannot predict the day or the year or enhancement to reach the value of 100k$. As we know that coming year will be a halving year so there is a possibility to reach the maximum price but lots of people will get the benefit so there is also a chances to go down after selling by most of the people.
$30k is easy on some years but it started to get hard during the bear run, luckily we manage to acquire it this year (it was on April 11 to be exact) $30k is not the highest so it was not totally surprising to some of us. Bitcoin has no real value because it is too unstable.

Any new price recorded to it will just drop again after some time but its instability is also the reason on why it can make new highs because people can invest in bigger volume once the price declines heavily. $100k is not the maximum value for bitcoin but this one looks hard to achieve because we haven't been close to it. All we got last bull run was only $69k. $30k gap is kinda big though.

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May 17, 2023, 12:31:10 AM
 #82

Price of bitcoin is very hard task to find out but as we see from the past that price has cross 30k$ in recent year so now its lower at some extent, this activity of price shows that anything can happen with the value of bitcoin and we are not sure about the real value in future. We have strong hopes that one day bitcoin will reach to 100k$ but we don't know and cannot predict the day or the year or enhancement to reach the value of 100k$. As we know that coming year will be a halving year so there is a possibility to reach the maximum price but lots of people will get the benefit so there is also a chances to go down after selling by most of the people.
$30k is easy on some years but it started to get hard during the bear run, luckily we manage to acquire it this year (it was on April 11 to be exact) $30k is not the highest so it was not totally surprising to some of us. Bitcoin has no real value because it is too unstable.

Yes, and we thought that we can sustain that run like April, but it didn't had a few bumps here and there and now we are in the range of $26k-$27k. Still not bad though, I mean the market is still consolidating as of this time.

Any new price recorded to it will just drop again after some time but its instability is also the reason on why it can make new highs because people can invest in bigger volume once the price declines heavily. $100k is not the maximum value for bitcoin but this one looks hard to achieve because we haven't been close to it. All we got last bull run was only $69k. $30k gap is kinda big though.

And that's how the market works in the bear market, price is not stable, very volatile. As for $100k, it's not that difficult to get to that price, it's doable in my opinion. The catalyst, the block halving is in May next year so mark that on our calendar and then we might see a steady price increased that time and it could lead to 6 digit price in the future.

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May 17, 2023, 02:10:06 AM
 #83

Price of bitcoin is very hard task to find out but as we see from the past that price has cross 30k$ in recent year so now its lower at some extent, this activity of price shows that anything can happen with the value of bitcoin and we are not sure about the real value in future. We have strong hopes that one day bitcoin will reach to 100k$ but we don't know and cannot predict the day or the year or enhancement to reach the value of 100k$. As we know that coming year will be a halving year so there is a possibility to reach the maximum price but lots of people will get the benefit so there is also a chances to go down after selling by most of the people.
$30k is easy on some years but it started to get hard during the bear run, luckily we manage to acquire it this year (it was on April 11 to be exact) $30k is not the highest so it was not totally surprising to some of us. Bitcoin has no real value because it is too unstable.

Any new price recorded to it will just drop again after some time but its instability is also the reason on why it can make new highs because people can invest in bigger volume once the price declines heavily. $100k is not the maximum value for bitcoin but this one looks hard to achieve because we haven't been close to it. All we got last bull run was only $69k. $30k gap is kinda big though.

I don't think $100k is a hard target for bitcoin, we had the closest ATH of $69k and just over $30k to hit it, that's very easy. But everything takes time and process for us to get there, we can't expect bitcoin to hit $100k or more without any correction. If bitcoin grows vertically to $100k, it won't be in our favor if we don't have bitcoins in our wallet. So bitcoin's drop is a good thing when we have time to buy it.
Bitcoin went from $3k to $69k during last season's bull cycle, so it shouldn't be too hard to hit $100k in the coming years.

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May 17, 2023, 04:03:38 AM
 #84

Based on what is happening in the crypto market right now, showed that this year will be a great year to those that used their opportunities well by invested in a potential coins some years or months ago. I think, the price of Bitcoin will definitely increase higher this year 2023 to reach $80,000 for long term investors to believe that the price will definitely increase more next year to allow investors enjoy long incomes in the market. Since the price of Bitcoin is preparing to increase to $30,000 in this month of May, I think $100,000 is sure for investors to experience in 2024 which is the major target of some of the investors before they can sell.

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May 17, 2023, 07:23:04 AM
 #85



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
Well if we experience another bull season the price will maybe hit 100k$ because it will maybe hit another ATH and 65k$ is the price during the past bull run so there is a big possiblity that in next bull season we will saw btc at 100k$ even if not this year maybe soon or in year 2027.


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May 17, 2023, 06:20:27 PM
 #86

I don't think $100k is a hard target for bitcoin, we had the closest ATH of $69k and just over $30k to hit it, that's very easy. But everything takes time and process for us to get there, we can't expect bitcoin to hit $100k or more without any correction. If bitcoin grows vertically to $100k, it won't be in our favor if we don't have bitcoins in our wallet. So bitcoin's drop is a good thing when we have time to buy it.
Bitcoin went from $3k to $69k during last season's bull cycle, so it shouldn't be too hard to hit $100k in the coming years.
Looks like it's not too difficult for bitcoin to hit the highest price again with 100k, we saw the previous ATH $69K if it increases 3x then it will be more than 100k I think bitcoin will be more through that challenge when the time comes to say bullrun but for now it is still very difficult to see because there have been several corrections which have resulted in the market becoming bear again.

The bitcoin cycle is pretty good actually it's just that we never know what will come later, but I think the journey will be almost the same as the previous cycle of course this is how it factors in some other news that can positively affect the movement of bitcoin.

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May 18, 2023, 12:40:20 AM
 #87

I dont say this is impossible but if we look at the chart if we are going to 100K there is burden or lot of major resistance need to be destroyed including the previous All time high at 60K level. an we need more adoption and loose government rule I think to made this happen or some of big companies start to adopt cryptocurrency


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May 18, 2023, 02:28:05 AM
 #88

-
-

The bitcoin cycle is pretty good actually it's just that we never know what will come later, but I think the journey will be almost the same as the previous cycle of course this is how it factors in some other news that can positively affect the movement of bitcoin.

Whether history repeats or not, everything is still a question mark. As investors, we need to be optimistic and should believe in what we have chosen, I am also optimistic that history will repeat itself in this cycle. But I wouldn't be surprised if there was a change and a new history was created. In case bitcoin doesn't generate new ATH after halving, then I wouldn't be surprised and still believe in bitcoin. The future of bitcoin depends on supply and demand, so as long as demand continues to grow, a new ATH will only be a matter of time.

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May 18, 2023, 04:48:06 AM
 #89

Based on what is happening in the crypto market right now, showed that this year will be a great year to those that used their opportunities well by invested in a potential coins some years or months ago. I think, the price of Bitcoin will definitely increase higher this year 2023 to reach $80,000 for long term investors to believe that the price will definitely increase more next year to allow investors enjoy long incomes in the market. Since the price of Bitcoin is preparing to increase to $30,000 in this month of May, I think $100,000 is sure for investors to experience in 2024 which is the major target of some of the investors before they can sell.

I really don't know what you are talking about. Do you have any analysis for your statements, or are you just saying what you think? We are below $30k, and how do we get to $80k this year when the world economic situation is highly volatile, plus the block reward halving event will happen in just over a year? I predict this year, bitcoin will not be able to exceed 50k$, let alone new ATH.
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May 18, 2023, 06:03:15 AM
 #90

$30k is easy on some years but it started to get hard during the bear run, luckily we manage to acquire it this year (it was on April 11 to be exact) $30k is not the highest so it was not totally surprising to some of us. Bitcoin has no real value because it is too unstable.

Any new price recorded to it will just drop again after some time but its instability is also the reason on why it can make new highs because people can invest in bigger volume once the price declines heavily. $100k is not the maximum value for bitcoin but this one looks hard to achieve because we haven't been close to it. All we got last bull run was only $69k. $30k gap is kinda big though.
I think it will go back to that level easily, we are not far away and we all know how easy it is for bitcoin to go up when it is on a bull run, so if we go on a short run we can reach 30k back again very easily and it could happen within a week if markets start to go up. However, 100k is a long term projection and totally different because it has never been reached before, I do not think that it will ever happen and I believe that we are not going to see anything that will change anytime soon.

I believe that the best thing to do would be making sure that bitcoin is on the right path and people do not panic when there is a small drop, it happens and it's a sell off period and we need to wait it out and then we can continue to go back up after that.

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May 18, 2023, 07:45:45 AM
 #91

It will be a big thing if the bitcoin price can reach $100k, if the $100k price is reached then the marketcap can reach more than $1.6 billion and makes haters even more afraid of the bitcoin community, of course the $100k price can happen slowly because the current price is around $27k , and I think the $100k price tag is reasonable given that 2024 will be the halving which usually creates a spike in demand before the halving in June 2024.

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May 18, 2023, 06:12:55 PM
 #92

I don't think $100k is a hard target for bitcoin, we had the closest ATH of $69k and just over $30k to hit it, that's very easy. But everything takes time and process for us to get there, we can't expect bitcoin to hit $100k or more without any correction. If bitcoin grows vertically to $100k, it won't be in our favor if we don't have bitcoins in our wallet. So bitcoin's drop is a good thing when we have time to buy it.
Bitcoin went from $3k to $69k during last season's bull cycle, so it shouldn't be too hard to hit $100k in the coming years.
Looks like it's not too difficult for bitcoin to hit the highest price again with 100k, we saw the previous ATH $69K if it increases 3x then it will be more than 100k I think bitcoin will be more through that challenge when the time comes to say bullrun but for now it is still very difficult to see because there have been several corrections which have resulted in the market becoming bear again.

The bitcoin cycle is pretty good actually it's just that we never know what will come later, but I think the journey will be almost the same as the previous cycle of course this is how it factors in some other news that can positively affect the movement of bitcoin.
I do agree that reaching above ATH is not going to be that hard, people who think that it will be hard are people who are making a big deal out of their fear and they shouldn't do that, it's really not that difficult, I think it can be done and it will be done.

Hopefully we are going to go towards a situation where it will be reaching to a point where it's going to take a while to achieve but it will get there. Think about how 69k must sound insane to people who saw only 1k as the biggest price back in the day, if we told those people it would go this high they would say we would be crazy, imagine going further back and telling it to people who only saw 1-5 dollars as their highest. So do not lose hope, and keep your heads up.

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May 18, 2023, 06:35:58 PM
 #93

I dont say this is impossible but if we look at the chart if we are going to 100K there is burden or lot of major resistance need to be destroyed including the previous All time high at 60K level. an we need more adoption and loose government rule I think to made this happen or some of big companies start to adopt cryptocurrency

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It is certain that it will take a lot of support to break through the strong wall of resistance before bitcoin hits $100k. We can hope for it, of course, but without maximum support and some favorable government policies, then surely $100k is hard.

I'm starting to see that there's a lot of optimism about the possibility of a new ATH in 2024, that makes sense. I'm not going to ignore it because there are important factors that will have a positive impact on the possibility. Halving is the first, but one or two other factors will support. I hope in the end the $100k will be real after the 2024 halving.

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May 19, 2023, 03:58:48 AM
 #94

The Bitcoin market began its market halving after a few years. We saw the Bitcoin market hit its all-time high in 2021 and then turn into a bear market in 2022 and 2023. So the market will remain at a stagnant level till 2024 hopefully and will start to grow thereafter. Various experts believe that the market will turn into a bull market again in 2024. There is a volatility in the market right now but it would be best to invest in this market. Investing now will certainly have the greatest potential for future gains when the market is in a bull market.

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May 19, 2023, 04:12:24 AM
 #95

I'm starting to see that there's a lot of optimism about the possibility of a new ATH in 2024, that makes sense.

There was much more optimism in 2021 and look what happened.

Does this thread have any basis other than the garbage OP who seems to want to draw a mental line with the graph?



The line on that chart can go on in an infinite number of ways, and I see no reason to think it will take us past $100K this year without providing other compelling arguments. In fact, most likely if we go by the data, we won't even pass $69K.

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May 19, 2023, 10:01:43 AM
 #96

Why not. considering halving on April 2024
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May 19, 2023, 01:47:52 PM
 #97

Price of bitcoin is very hard task to find out but as we see from the past that price has cross 30k$ in recent year so now its lower at some extent, this activity of price shows that anything can happen with the value of bitcoin and we are not sure about the real value in future. We have strong hopes that one day bitcoin will reach to 100k$ but we don't know and cannot predict the day or the year or enhancement to reach the value of 100k$. As we know that coming year will be a halving year so there is a possibility to reach the maximum price but lots of people will get the benefit so there is also a chances to go down after selling by most of the people.
$30k is easy on some years but it started to get hard during the bear run, luckily we manage to acquire it this year (it was on April 11 to be exact) $30k is not the highest so it was not totally surprising to some of us. Bitcoin has no real value because it is too unstable.

Any new price recorded to it will just drop again after some time but its instability is also the reason on why it can make new highs because people can invest in bigger volume once the price declines heavily. $100k is not the maximum value for bitcoin but this one looks hard to achieve because we haven't been close to it. All we got last bull run was only $69k. $30k gap is kinda big though.

I don't think $100k is a hard target for bitcoin, we had the closest ATH of $69k and just over $30k to hit it, that's very easy. But everything takes time and process for us to get there, we can't expect bitcoin to hit $100k or more without any correction. If bitcoin grows vertically to $100k, it won't be in our favor if we don't have bitcoins in our wallet. So bitcoin's drop is a good thing when we have time to buy it.
Bitcoin went from $3k to $69k during last season's bull cycle, so it shouldn't be too hard to hit $100k in the coming years.

Of course, if we do not have Bitcoin,then the price $100k or higher there won't have any benefit for us. So at first I would say that for those who are not collecting Bitcoin yet, it may be the perfect time and that time can be gone from that place. Bitcoin will move forward after a certain time, those who are planning long -term plans to keep up with this possibility will be successful at this stage. If it was possible to know when the price of bitcoin would rise then of course, big whales would have benefited. Bitcoin's Bearish Trend is a good message to many who understand it. Therefore, it is important to buy Bitcoin in accordance with the ability.

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May 19, 2023, 02:03:56 PM
Merited by fillippone (1)
 #98

Price of bitcoin is very hard task to find out but as we see from the past that price has cross 30k$ in recent year so now its lower at some extent, this activity of price shows that anything can happen with the value of bitcoin and we are not sure about the real value in future. We have strong hopes that one day bitcoin will reach to 100k$ but we don't know and cannot predict the day or the year or enhancement to reach the value of 100k$. As we know that coming year will be a halving year so there is a possibility to reach the maximum price but lots of people will get the benefit so there is also a chances to go down after selling by most of the people.
$30k is easy on some years but it started to get hard during the bear run, luckily we manage to acquire it this year (it was on April 11 to be exact) $30k is not the highest so it was not totally surprising to some of us. Bitcoin has no real value because it is too unstable.

Any new price recorded to it will just drop again after some time but its instability is also the reason on why it can make new highs because people can invest in bigger volume once the price declines heavily. $100k is not the maximum value for bitcoin but this one looks hard to achieve because we haven't been close to it. All we got last bull run was only $69k. $30k gap is kinda big though.

I don't think $100k is a hard target for bitcoin, we had the closest ATH of $69k and just over $30k to hit it, that's very easy. But everything takes time and process for us to get there, we can't expect bitcoin to hit $100k or more without any correction. If bitcoin grows vertically to $100k, it won't be in our favor if we don't have bitcoins in our wallet. So bitcoin's drop is a good thing when we have time to buy it.
Bitcoin went from $3k to $69k during last season's bull cycle, so it shouldn't be too hard to hit $100k in the coming years.

Funny enough am also an evangelist who preaches and prays for the bitcoin market price to drop drastically because it will give more time to accumulate coins in my wallet, sometimes I had wish I was there during the early days and had such faith as of now about bitcoin price volatility by now I would have made sure my portfolio will be looking good but despite all that has happened am still very happy that I found out now because with patience I can still gather enough through DCA so unlike everyone am never in a hurry for the price to rise, I am very with the slow moving trend.

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May 19, 2023, 02:49:35 PM
 #99

~~~
The line on that chart can go on in an infinite number of ways, and I see no reason to think it will take us past $100K this year without providing other compelling arguments. In fact, most likely if we go by the data, we won't even pass $69K.
I agree that there will be no ATH this year but there is a possibility in 2024 especially in 7-8 months after the halving.
For this year it's hard to expect $60k and above, in fact I believe $50k alone seems too high to be true. Something could have influenced investors and bullishness happened, but when I look at the chart, of course it's hard to see the difference from the previous ATH cycle.

I don't expect ATH to happen before the 2024 halving, even if it happen then it's really beyond expectations. ATH is believed to occur after the halving because it will greatly support the security of the bitcoin network after the block reward is halved, so it is reasonable to expect it in 2024 instead of this year.

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May 19, 2023, 06:53:11 PM
 #100

2024 is far away now so it's very difficult to know the price in advance especially in a case of bitcoin so we are unable to evaluate the price. Bitcoin worth was 65k$ in 2021 but then in 2022 it become down so much so we cannot say that if the price is 30k$ now so next year it will must be greater than this because every year there is a different experience related to the price.

Market is really volatile so prediction does remains accurate always, there is a hope of higher price in 2024 but we don't know that what it will be? May be lower than 100k$ or can also be 100k$ but now its unpredictable in advance.



 

 

 

 

 

 


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May 19, 2023, 07:21:32 PM
 #101

Bitcoin worth was 65k$ in 2021 but then in 2022 it become down so much so we cannot say that if the price is 30k$ now so next year it will must be greater than this because every year there is a different experience related to the price.

Bitcoin ATH was actually 69k and not 65k.
I am very sure that $100k can never be achieved, and no one should give anyone such false hope. Few days from now this month will end and bitcoin price is still struggling within $26k. Next month will be the half of the year and you know how price can dwell in a particular range even for months.

All I know is that this year is not just  bear to bear, bitcoin will red and green small, red and green also. It will continue this way till the next bull run.

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May 20, 2023, 02:27:41 AM
 #102

Price of bitcoin is very hard task to find out but as we see from the past that price has cross 30k$ in recent year so now its lower at some extent, this activity of price shows that anything can happen with the value of bitcoin and we are not sure about the real value in future. We have strong hopes that one day bitcoin will reach to 100k$ but we don't know and cannot predict the day or the year or enhancement to reach the value of 100k$. As we know that coming year will be a halving year so there is a possibility to reach the maximum price but lots of people will get the benefit so there is also a chances to go down after selling by most of the people.
$30k is easy on some years but it started to get hard during the bear run, luckily we manage to acquire it this year (it was on April 11 to be exact) $30k is not the highest so it was not totally surprising to some of us. Bitcoin has no real value because it is too unstable.

Any new price recorded to it will just drop again after some time but its instability is also the reason on why it can make new highs because people can invest in bigger volume once the price declines heavily. $100k is not the maximum value for bitcoin but this one looks hard to achieve because we haven't been close to it. All we got last bull run was only $69k. $30k gap is kinda big though.

I don't think $100k is a hard target for bitcoin, we had the closest ATH of $69k and just over $30k to hit it, that's very easy. But everything takes time and process for us to get there, we can't expect bitcoin to hit $100k or more without any correction. If bitcoin grows vertically to $100k, it won't be in our favor if we don't have bitcoins in our wallet. So bitcoin's drop is a good thing when we have time to buy it.
Bitcoin went from $3k to $69k during last season's bull cycle, so it shouldn't be too hard to hit $100k in the coming years.

Funny enough am also an evangelist who preaches and prays for the bitcoin market price to drop drastically because it will give more time to accumulate coins in my wallet, sometimes I had wish I was there during the early days and had such faith as of now about bitcoin price volatility by now I would have made sure my portfolio will be looking good but despite all that has happened am still very happy that I found out now because with patience I can still gather enough through DCA so unlike everyone am never in a hurry for the price to rise, I am very with the slow moving trend.

Indeed, the more the market falls, the more we should rejoice. I don't understand why many people don't like it, they always want bitcoin to increase fast and continuously. I always wonder, if bitcoin hits $100k or $1 million in the next bull season, what benefit will we get from not having so much bitcoin in our pocket? To own 1 bitcoin, last year I only lost 16,000 USD, but now I have to spend 27,000 USD to get 1 bitcoin.
I don't see any benefit here as most of our target will only sell when bitcoin hits $100k next bull season and bull season won't happen anytime soon.

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May 20, 2023, 02:26:14 PM
 #103

Maybe or maybe not, I won't probably wait for 100k BTC before I start taking profits, I don't want to get burned like past bull run where many thought Bitcoin will push over 69k and in the end Bitcoin retraced, make sure you all have a price target for your long term hold, anything can happen.

More than 100k Bitcoin is possible in 2024 and yet it may not happen, instead of trying to figure out what Bitcoin all time high will be, plan your profit taking strategy, because this is why people don't know what to do after holding for a long term, if they see a new all the high they won't feel like taking profit which is a bad idea.
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May 20, 2023, 04:59:47 PM
 #104

65K Last year record price ever !
You created this thread on the May 06, 2023, 09:42:43 PM  which is this month and this year, and your statement is referring back to last year 2022 which I strongly know that BTC price did not reach even $48,000. Bitcoin was at the rate of $42k to $43k range when it drastically come to from the month of April and May. Therefore, I don't think your information is accurately correct.

I think this year it might be full 100K Final bullrun for the coin.
  This your set price is too high. Bitcoin has not dream to become or reach that price in this year or next year to come. The prediction next is even about $60+k but BTC will reach that amount of 100k but not now.
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May 20, 2023, 05:17:56 PM
 #105

I think this year it might be full 100K Final bullrun for the coin.
 This your set price is too high. Bitcoin has not dream to become or reach that price in this year or next year to come. The prediction next is even about $60+k but BTC will reach that amount of 100k but not now.
Agbe, I agree $100k is very difficult to achieve this year or all of 2023, but I think it is possible to reach that price in 2024. I wouldn't expect a big increase before the 2024 halving, that means the price could improve but I wouldn't be very optimistic about a new ATH, let alone $100k.

Bitcoin is expected to test some strong resistance during 2023 instead of expecting it to hit new ATH. I would expect the $40k - $45k resistance to be broken during Q3 and Q4 of this year although to be honest I'm still not sure that will actually happen.

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May 20, 2023, 11:29:02 PM
 #106

$100k ? I dare say it's too low.
2017 ATH is $20k and 2021 ATH is $65k, that means 2021 ATH is 3x higher than 2017 ATH. if the same scheme is repeated, the ATH that will be achieved on the next bullish is around $200k. I understand the crypto market is unpredictable, but I think $100k is way too low.

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May 23, 2023, 08:15:49 AM
 #107

If this year can reach $ 50k, the price of $ 100k will occur in 2024 because there will be halving, don't sell when it's cheap like the current price, but dare to take the risk of buying now because the pump market will happen soon, don't just be a spectator and Seeing other people successful because they get a big profit, it's better to immediately take real action by buying.
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May 23, 2023, 10:30:10 AM
 #108

~


Yup, was also gonna look for the support for his claims. But hey, at this point when the price barely even moves, some positive speculation is quite refreshing to see. Although may seem unrealistic because of the time frame it isn't really that bad.

Regardless though, just as what you have said, I too hope that OP devices a better investing plan and not one that is reliant on this speculation of his since he may just end up losing money. Specially if OP is trading on futures.

Also, we can never really tell if we still need to reach 2032 just to reach 100k which is why it is so fun to watch and speculate about the price of bitcoin while slowly accumulating and increasing our stash. xD
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May 23, 2023, 12:21:23 PM
 #109

If this year can reach $ 50k, the price of $ 100k will occur in 2024 because there will be halving, don't sell when it's cheap like the current price, but dare to take the risk of buying now because the pump market will happen soon, don't just be a spectator and Seeing other people successful because they get a big profit, it's better to immediately take real action by buying.

I'm not sure about $50k prediction for this year. The price has been hovering and on the sideways around $26k-$27k for this month. Although in the first 4 months the price seems to be doing good, this month though was very slow maybe because of other factors, including the fees which has been going very high for this month and obviously due to the BRC-20 inscriptions.

Safe bet for us will be $40k and then once we enter the bull run period, there we could see $100k or even higher, just saying.

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May 23, 2023, 01:55:46 PM
 #110

$100k ? I dare say it's too low.
2017 ATH is $20k and 2021 ATH is $65k, that means 2021 ATH is 3x higher than 2017 ATH. if the same scheme is repeated, the ATH that will be achieved on the next bullish is around $200k. I understand the crypto market is unpredictable, but I think $100k is way too low.

Looking at the current market situation, of course we are pessimistic that the price can reach $ 100k in 2024, even though there is a halving day but in my opinion it is not a strong reason to be able to push to $ 100k, of course the price of $ 100k will not happen in a short time especially at the current price position around $27k, we'll see if the price until the end can reach $60k or not, if it doesn't reach $60k it will be difficult to reach $100k in 2024.
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May 23, 2023, 02:28:37 PM
 #111



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
2024 will be a surprise for us holders, of course $ 100k is the main target for Bitcoin,
but there is a strong resistance that must be passed first yep, $ 64k is the price of resistance,
if it breaks then we will see $ 100k even more, hopefully it will happen in 2024.

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May 23, 2023, 03:00:45 PM
 #112

65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

Everyone is targetting the next year halving and we believe to see more coming through this on bitcoin price, since we have $68,000 as the all time high ever, there's more possibility that during the next halving in the year 2024, there will be more opportunities for the crypto market to rise higher about the ATH and many have even predicted that bitcoin is going far above $100,000 this time around, this calls for more investor to choose and hold bitcoin on or before this season for their maximum profitability on investment made because bullrun is certain.
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June 01, 2023, 06:06:18 AM
 #113

65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

Everyone is targetting the next year halving and we believe to see more coming through this on bitcoin price, since we have $68,000 as the all time high ever, there's more possibility that during the next halving in the year 2024, there will be more opportunities for the crypto market to rise higher about the ATH and many have even predicted that bitcoin is going far above $100,000 this time around, this calls for more investor to choose and hold bitcoin on or before this season for their maximum profitability on investment made because bullrun is certain.
I think next year's halving period will not be able to reach its highest price immediately, but according to bitcoin's custom, then a year after the new halving period will reach the peak of ATH, which will occur in 2025.
Last ATH at $68K and possible ATH achievement is clear I agree with you that it will be more than $100K, must remember $100K is target in 20221 which is not reached. usually ATH will be several times the previous ATH will be formed and if it is only 2x it will be able to reach $ 136K and will it materialize? there is always that possibility and we will wait for it to materialize.

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June 01, 2023, 05:44:01 PM
 #114

Everyone is targetting the next year halving and we believe to see more coming through this on bitcoin price, since we have $68,000 as the all time high ever, there's more possibility that during the next halving in the year 2024, there will be more opportunities for the crypto market to rise higher about the ATH and many have even predicted that bitcoin is going far above $100,000 this time around, this calls for more investor to choose and hold bitcoin on or before this season for their maximum profitability on investment made because bullrun is certain.

With a lot of speculation and economic information that has been popping up lately, there are high hopes that Bitcoin will definitely reach a new ATH after next year's halving. The bull run might not really start by next year, in particular after the halving, but I think it could be 2025. Because according to the last Bitcoin halving, which took place in 2020, the price did not really get bullish after that; it was almost a year later (2021) before the price really got bullish, although it may be due to the COVID-19 pandemic that also prevented the price from performing so well in 2020 after the halving. If history repeats itself again, not based on any sort of pandemic, war, or bad economic incident, if the price takes from the last movement, it might not give a new ATH next year, but I am also very positive that the next bull run of Bitcoin will be to reach $100k, either next year or uper.

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June 01, 2023, 06:20:10 PM
 #115

I think there is a chance for Bitcoin price to reach $100k in 2024, given its history of hitting ATH before. However, it is important to remember that the crypto market is highly volatile and can change quickly. Therefore, speculation regarding the price of Bitcoin reaching $100k in 2024 may vary depending on the individual's point of view, moreover, the price of the cryptocurrency is also influenced by various factors.
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June 01, 2023, 11:56:33 PM
 #116

Looking at the current market situation, of course we are pessimistic that the price can reach $ 100k in 2024, even though there is a halving day but in my opinion it is not a strong reason to be able to push to $ 100k, of course the price of $ 100k will not happen in a short time especially at the current price position around $27k, we'll see if the price until the end can reach $60k or not, if it doesn't reach $60k it will be difficult to reach $100k in 2024.

The market conditions at tus current moment has nothing to do with Bitcoin price for next year, this year might be bearish for the market but next year will be bullish because that's the start of the bear market that'll last to the end of 2025 as it did last time.

Bitcoin looks good when you zoom out the charts, it shows that Bitcoin can achieve $100,000 in the next bull cycle. As for the current situation of the market, we might have more correction but it wouldn't be as bad as the correction that happened last year..

Bitcoin has shaken off most of the sell pressure from traders and investor with short term goals now only a few of them are left in the market with those that are holding for the bull market to start next year and continue until 2025 when we'll have the peak of the bull season.

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June 02, 2023, 12:41:45 AM
 #117

I think there is a chance for Bitcoin price to reach $100k in 2024, given its history of hitting ATH before. However, it is important to remember that the crypto market is highly volatile and can change quickly. Therefore, speculation regarding the price of Bitcoin reaching $100k in 2024 may vary depending on the individual's point of view, moreover, the price of the cryptocurrency is also influenced by various factors.

What history suggests bitcoin will hit $100k this year? How long have you been in the market? And have you researched the history of bitcoin, or are you just making your own? If history repeats, the 4-year cycle continues, we won't see any bull season until 2025. It won't happen soon like many are expecting it to happen right after the halving, the bull season will only come 1 year after the halving happens.
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June 02, 2023, 09:05:05 AM
 #118

Everyone is targetting the next year halving and we believe to see more coming through this on bitcoin price, since we have $68,000 as the all time high ever, there's more possibility that during the next halving in the year 2024, there will be more opportunities for the crypto market to rise higher about the ATH and many have even predicted that bitcoin is going far above $100,000 this time around, this calls for more investor to choose and hold bitcoin on or before this season for their maximum profitability on investment made because bullrun is certain.

With a lot of speculation and economic information that has been popping up lately, there are high hopes that Bitcoin will definitely reach a new ATH after next year's halving. The bull run might not really start by next year, in particular after the halving, but I think it could be 2025. Because according to the last Bitcoin halving, which took place in 2020, the price did not really get bullish after that; it was almost a year later (2021) before the price really got bullish, although it may be due to the COVID-19 pandemic that also prevented the price from performing so well in 2020 after the halving. If history repeats itself again, not based on any sort of pandemic, war, or bad economic incident, if the price takes from the last movement, it might not give a new ATH next year, but I am also very positive that the next bull run of Bitcoin will be to reach $100k, either next year or uper.

Yes, many people are still confused about this. The bull season will only really come a year after the halving, not immediately after. So the predictions and expectations for ATH in 2024 are not entirely accurate. Not to mention we still don't know the exact halving date because that depends on the miners' mining speed of the miners, it could be earlier or later than expected. And if we believe in a 4-year cycle, then 2025 is the right time to end the old cycle and start a new one, not 2024.

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June 02, 2023, 09:45:51 AM
Merited by wahyuagung26 (1)
 #119

I think there is a chance for Bitcoin price to reach $100k in 2024, given its history of hitting ATH before. However, it is important to remember that the crypto market is highly volatile and can change quickly. Therefore, speculation regarding the price of Bitcoin reaching $100k in 2024 may vary depending on the individual's point of view, moreover, the price of the cryptocurrency is also influenced by various factors.
Some people are skeptical about a $100K price in the next year when they see that Bitcoin is still under $30K at this point, because $100K is a very high price level for Bitcoin to generally take time to reach. Well, apart from the fluctuations that still occur in many cryptocurrency prices, there are also other factors such as investors and traders who still want to settle down and still want to enter the market to buy Bitcoin so that prices can go up to a high level.

What history suggests bitcoin will hit $100k this year? How long have you been in the market? And have you researched the history of bitcoin, or are you just making your own? If history repeats, the 4-year cycle continues, we won't see any bull season until 2025. It won't happen soon like many are expecting it to happen right after the halving, the bull season will only come 1 year after the halving happens.
Maybe he hasn't been in the market for so long or just saw how ATH and halving happened to Bitcoin without buying it before it happened so he looks quite optimistic by saying history might repeat itself on Bitcoin without considering certain conditions that can still happen in the market in every year. I personally don't think that Bitcoin will increase that high in the next year because it is a very far thing that Bitcoin has to achieve in the not so long time, so I still think that it is more likely to happen in the near future for Bitcoin.

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June 02, 2023, 01:03:02 PM
 #120

Of course, everyone understands that when a halving occurs, the price will skyrocket, of course, to be able to skyrocket depends on the previous price, if the initial price in 2024 can reach at least $ 50k then I'm optimistic that the price will easily reach $ 100k during the halving but if the initial price in 2024 is around $ 28 k then the max achievable price might be $50k.
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June 02, 2023, 01:15:26 PM
 #121

If this year can reach $ 50k, the price of $ 100k will occur in 2024 because there will be halving,

Everyone expects this price to enter the Crypto market and everyone hopes that soon the bull market will take over the market and pressuring the price will continue to rise towards the new ATH, Although $100k is a big target in the next year we actually also expected about this, and now we will wait for the next price halving, and in the meantime continue to buy while the price is still low like this.

don't sell when it's cheap like the current price, but dare to take the risk of buying now because the pump market will happen soon,

Selling on dips is not a good idea, to be honest we say everyone will realize that when prices are low it is not good to sell even if you panic you have to be able to hold it in, and instead of waiting for the market to return to good we suggest staying consistent in doing DCA in the market and we feel very good about taking advantage of this low market condition, even though it is risky we still do it because this is Bitcoin.
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June 02, 2023, 01:29:54 PM
 #122

Of course, everyone understands that when a halving occurs, the price will skyrocket, of course, to be able to skyrocket depends on the previous price, if the initial price in 2024 can reach at least $ 50k then I'm optimistic that the price will easily reach $ 100k during the halving but if the initial price in 2024 is around $ 28 k then the max achievable price might be $50k.
Bullrun in the price of Bitcoin can occur before Bitcoin Halving or after Halving, we do not know for sure when Halving occurs when viewed from this point of view. But if you think about the price to touch the highest price level, I cannot predict it, even though you say if $ 28k then the possibility that Bitcoin can touch in 2024 is $ 50k and if $ 50k at the beginning of the year then $ 100k at 2024.
But I think Bitcoin will touch the highest price level in the range of $ 80K- $ 90k, I don't see so much Bitcoin potential can reach $ 100K, although basically I am also happy if Bitcoin touches the price level, but at least we have to be realistic with the situation what is happening right now.

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June 02, 2023, 01:33:39 PM
 #123

Of course, everyone understands that when a halving occurs, the price will skyrocket, of course, to be able to skyrocket depends on the previous price, if the initial price in 2024 can reach at least $ 50k then I'm optimistic that the price will easily reach $ 100k during the halving but if the initial price in 2024 is around $ 28 k then the max achievable price might be $50k.

If Bitcoins manages to cross 40k usd by the end of this year, then definitely in next year we will see an ATH price for the coin. But we have to also make sure that, there isn’t any bad news happening in between, like the FTX news that happened recently and for which the market completely crashed. We have know Bitcoins capabilities and we also know that Bitcoins are limited in numbers. Hence, when the demand of the coin increases the price will automatically go up.

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June 02, 2023, 02:04:16 PM
Merited by JayJuanGee (1)
 #124

Of course, everyone understands that when a halving occurs, the price will skyrocket, of course, to be able to skyrocket depends on the previous price, if the initial price in 2024 can reach at least $ 50k then I'm optimistic that the price will easily reach $ 100k during the halving but if the initial price in 2024 is around $ 28 k then the max achievable price might be $50k.
Bullrun in the price of Bitcoin can occur before Bitcoin Halving or after Halving, we do not know for sure when Halving occurs when viewed from this point of view. But if you think about the price to touch the highest price level, I cannot predict it, even though you say if $ 28k then the possibility that Bitcoin can touch in 2024 is $ 50k and if $ 50k at the beginning of the year then $ 100k at 2024.
Nothing is certain, we just speculate continuously because in the end time will determine where the bitcoin price will go, but after the halving occurs, I think there will be a change for the better, but at least we have to wait a while after that, I talk like this because of looking at the previous history.

But I think Bitcoin will touch the highest price level in the range of $ 80K- $ 90k, I don't see so much Bitcoin potential can reach $ 100K, although basically I am also happy if Bitcoin touches the price level, but at least we have to be realistic with the situation what is happening right now.
Usually bitcoin will be many times the previous ATH but I don't think 80/90K is the highest price even more than that with 100k for example later then for me it's too low for the next ATH, but it's all just my speculator which of course there will be less it too but to speak realistically maybe this year it is said right the price will not be too high but after ATH then it will be different for me there will be a more surprising factor where bitcoin can soar high.

like the FTX news that happened recently and for which the market completely crashed.
This has passed and the bitcoin factor is no longer associated with FTX, I suspect some other bad news also doesn't affect bitcoin now it's just that the bearish phase is still going on.

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June 02, 2023, 03:38:33 PM
 #125

Of course, everyone understands that when a halving occurs, the price will skyrocket, of course, to be able to skyrocket depends on the previous price, if the initial price in 2024 can reach at least $ 50k then I'm optimistic that the price will easily reach $ 100k during the halving but if the initial price in 2024 is around $ 28 k then the max achievable price might be $50k.
Bullrun in the price of Bitcoin can occur before Bitcoin Halving or after Halving, we do not know for sure when Halving occurs when viewed from this point of view. But if you think about the price to touch the highest price level, I cannot predict it, even though you say if $ 28k then the possibility that Bitcoin can touch in 2024 is $ 50k and if $ 50k at the beginning of the year then $ 100k at 2024.
But I think Bitcoin will touch the highest price level in the range of $ 80K- $ 90k, I don't see so much Bitcoin potential can reach $ 100K, although basically I am also happy if Bitcoin touches the price level, but at least we have to be realistic with the situation what is happening right now.
In the last cycle after the halving in 2020 bitcoin made x20 from a bottom of 3k. If we assume the bottom was at 16k and take into account that each cycle gets less growth. For example that bitcoin could make 10x from the previous bottom, then the price could be 160k. But that will probably happen in 2025.

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June 02, 2023, 06:47:33 PM
 #126

In the last cycle after the halving in 2020 bitcoin made x20 from a bottom of 3k. If we assume the bottom was at 16k and take into account that each cycle gets less growth. For example that bitcoin could make 10x from the previous bottom, then the price could be 160k. But that will probably happen in 2025.
It would be amazing if Bitcoin could be at $ 160K in 2025 even though it is still beyond my personal reasoning even though you have revealed facts that have happened to Bitcoin in the past. But for now I would never envision such a big price on Bitcoin in 2025 which is a super bullish condition on Bitcoin with a market cycle that should really improve by then. Yeah I also hope that hopefully it can happen after 2024 is over.
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June 02, 2023, 07:30:29 PM
 #127

Of course, everyone understands that when a halving occurs, the price will skyrocket, of course, to be able to skyrocket depends on the previous price, if the initial price in 2024 can reach at least $ 50k then I'm optimistic that the price will easily reach $ 100k during the halving but if the initial price in 2024 is around $ 28 k then the max achievable price might be $50k.
50k sounds like a reasonable price that we could hit with or without the halving in 2024,  but to say we shall get to $50k then hit a double because of the bitcoin halving all in one year is a big ask...
Besides something has to drive price up and at the moment nothing really stands out that can cause such a price jump,  unless something threatens something like the biggest currencies in fiat then everyone will be out trying  to protect their wealth by going with crypto.
For now its all speculative of what the future holds.

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June 02, 2023, 07:44:53 PM
 #128

For Bitcoin to be struggling hard to break above $30k again for months, I believe that it all depends upon the dollar's strength whether it'll be weak and let BTC skyrocket hard or if it becomes too much stronger, we may even see 1/10th ($10k) of what's speculated here i.e.; 100k

Let the time play its game because all we know now is, BTC had always been freely being manipulated until big players (institutions) put their foot forward into this and invested. Now, everything here moves just like we see in forex. So I believe that there are possibilities that if USD gets stronger and stronger, we don't have enough BTC supply here in terms of number to keep it strong against dollar which is why the fall will be big.

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June 02, 2023, 08:28:01 PM
 #129

Of course, everyone understands that when a halving occurs, the price will skyrocket, of course, to be able to skyrocket depends on the previous price, if the initial price in 2024 can reach at least $ 50k then I'm optimistic that the price will easily reach $ 100k during the halving but if the initial price in 2024 is around $ 28 k then the max achievable price might be $50k.
50k sounds like a reasonable price that we could hit with or without the halving in 2024,  but to say we shall get to $50k then hit a double because of the bitcoin halving all in one year is a big ask...

Generally speaking, I agree with the idea of being conservative with expectations, even though a doubling upon the bitcoin price due to a cutting off of the issuance of new supply in regards to the halvening does seem to be a reasonable expectation.. however the point in which such doubling should be considered tio apply might be another question that involves what is the fair price of a bitcoin, and some might even argue that the November 2022 bottom of $15,479 is a fair price, and others might argue that the 200-week moving average is a fair price, and surely others have made other assertions in regards to the price location that they consider to be a fair jumping off point.

Surely another thing is that we cannot necessarily go by strict measurements in regards to "what is reasonable?" either, especially since bitcoin remains a paradigm-shifting phenomena that is really early in its adoption phase, and surely it is possible that the BTC price could continue to be suppressed, but it does not really seem to be a reasonable approach for anyone to take who happens to have some kind of a clue regarding what bitcoin happens to be.. which also seems to be a pretty small percentage of the world's population, since it seems that less than 1% have already bought some - and not even conceding whether those who have BTC understand what they happen to hold or that they have taken a sufficiently adequate stake based on what it is that they hold.

Besides something has to drive price up and at the moment nothing really stands out that can cause such a price jump,  unless something threatens something like the biggest currencies in fiat then everyone will be out trying  to protect their wealth by going with crypto.

First of all, there is a lot of things that have already happened in the world in recent years that should provide enough information to be able to recognize that anyone would likely be in a better position to get into bitcoin rather than continuing to not have any bitcoin, so there are a lot of people, businesses/institutions and governments who still have to come the realization and recognition of the value of having some kind of a bitcoin policy (and/or stake in bitcoin).  In that respect, bitcoin is far from any kind of mature asset class, as seems to be the framework in which you are analyzing the situation Woodie.

Second, your use of the term crypto seems to show that you don't really know what the fuck you are talking about.    You have to be able to recognize and appreciate what is bitcoin in order to be able to recognize and appreciate the price of bitcoin and to consider various shitcoins in relation to bitcoin rather than just gobbing the idea of bitcoin into some kind of nonsense and amorphous framework that you refer to "crypto" as if it were some kind of a phenomena in which bitcoin happens to be one of the group of pieces of crap that are part of such amorphous current events. 

In other words, to me that it may well be valuable for you, and anyone else who is trying to attempt to understand what might happen with the price of bitcoin, to consider bitcoin in a way in which you are able to conceptually figure out how it differs from shitcoins and also to be able to use clear enough language that you are specifying what you mean when you use the term crypto and figure out whether you are still talking about bitcoin or have you reverted to some kind of vague language that no longer really has any kind of grasp upon how the role of sound money and the various network effects (in the light of those outlined by Trace Mayer in 2015) of bitcoin fit into what also seems to be happening with traditional banking systems and problems with the whole debt systems of the many shitty fiats in which the dollar still seems to be the strongest of the shitty fiats going through some ongoingly difficult to balance desperate maneuvers.

For now its all speculative of what the future holds.

Sure the future is speculative, but the future is not a total stab in the dark in regards to what might happen (even though there are always going to be some surprise elements and happenings along the way), especially since we have some frameworks under which we can attempt to analyze what we believe the present is and what happened in the past in order to attempt to get us to some kind of an understanding of where we are at and where we might be going.

Those kinds of frameworks should help us to consider various future scenarios that we consider to be more likely than not, and therefore in terms of personal preparations for the future, we might be better off to attempt to assign probabilities to various possible scenarios and to try to prepare ourselves in terms of a variety of possible future scenarios rather than just sitting on our hands and proclaiming "anything can happen," and in that regard, it seems to me to be better for each of us (for our own good) to try to put more preparations into scenarios that we consider to be more likely than not... while at the same time, making sure that we are financially and psychologically prepared for the lesser likely scenarios too.

For Bitcoin to be struggling hard to break above $30k again for months, I believe that it all depends upon the dollar's strength whether it'll be weak and let BTC skyrocket hard or if it becomes too much stronger, we may even see 1/10th ($10k) of what's speculated here i.e.; 100k

Yes, of course, we should also prepare for downity scenarios, and it seems to me that you are going to need a lot of luck if you are putting much, if any, preparations for $10k scenarios.

Let the time play its game because all we know now is, BTC had always been freely being manipulated until big players (institutions) put their foot forward into this and invested. Now, everything here moves just like we see in forex. So I believe that there are possibilities that if USD gets stronger and stronger, we don't have enough BTC supply here in terms of number to keep it strong against dollar which is why the fall will be big.

Wow!   Shocked Shocked

Good luck with that.

You will probably need it.


I am not saying that your scenario is not going to play out, but I would not consider it as anything even close to a base case likely scenario, and frequently there are way more needs for normies to prepare for BTC UPpity rather than to expect (or hope)(or to imagine) that macro scenarios will play out in such a way that there may be those kinds of BTC "bargains" in the near-term future... even if the dollar were to show its strength in those kinds of seemingly imaginary ways that you seem to be envisioning (in your seemingly fantasy framework regarding what is happening and/or likely to happen in regards to dee cornz, aka my lil precious).

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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June 02, 2023, 08:36:40 PM
 #130

Let the time play its game because all we know now is, BTC had always been freely being manipulated until big players (institutions) put their foot forward into this and invested. Now, everything here moves just like we see in forex. So I believe that there are possibilities that if USD gets stronger and stronger, we don't have enough BTC supply here in terms of number to keep it strong against dollar which is why the fall will be big.

Wow!   Shocked Shocked

Good luck with that.

You will probably need it.


I am not saying that your scenario is not going to play out, but I would not consider it as anything even close to a base case likely scenario, and frequently there are way more needs for normies to prepare for BTC UPpity rather than to expect (or hope)(or to imagine) that macro scenarios will play out in such a way that there may be those kinds of BTC "bargains" in the near-term future... even if the dollar were to show its strength in those kinds of seemingly imaginary ways that you seem to be envisioning (in your seemingly fantasy framework regarding what is happening and/or likely to happen in regards to dee cornz, aka my lil precious).

Lol there's nothing sort of fancy or even any fantasy that I've got for USD and I'm not against BTC at all. What I'm talking about is just a speculation we all are making here. Even macros won't want to lose the opportunity to play easy by keeping BTC's value low because then, it's actually easy peasy for them to not just manipulate it but also play good in futures and make lots of money, whereas increasing the value of BTC means reducing the size of the opportunity that they currently have. Those who are bragging about BTC a million dollar soon, BTC to 200k and blah blah blah, I'd ask them where are they now.

Times now are like, we may even see some big names be erased out of the markets due to macros playing it out big by adding enough selling pressure and making big parties bankrupt who hold too much BTC and even its long positions, to just get them liquidated.

It's crypto buddy, anything can happen here.
We saw it dump from $30 to $5, then from $1k to $250, then from $10k to $3k (probably even less) and recently, about $69k to around $16k, so anything can happen here and I believe there's much time left for halving so we can't even expect that to price in. Wink

And what's this dee cornz, man? Cheesy

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June 02, 2023, 09:00:35 PM
 #131

Let the time play its game because all we know now is, BTC had always been freely being manipulated until big players (institutions) put their foot forward into this and invested. Now, everything here moves just like we see in forex. So I believe that there are possibilities that if USD gets stronger and stronger, we don't have enough BTC supply here in terms of number to keep it strong against dollar which is why the fall will be big.
Wow!   Shocked Shocked

Good luck with that.

You will probably need it.

I am not saying that your scenario is not going to play out, but I would not consider it as anything even close to a base case likely scenario, and frequently there are way more needs for normies to prepare for BTC UPpity rather than to expect (or hope)(or to imagine) that macro scenarios will play out in such a way that there may be those kinds of BTC "bargains" in the near-term future... even if the dollar were to show its strength in those kinds of seemingly imaginary ways that you seem to be envisioning (in your seemingly fantasy framework regarding what is happening and/or likely to happen in regards to dee cornz, aka my lil precious).
Lol there's nothing sort of fancy or even any fantasy that I've got for USD and I'm not against BTC at all. What I'm talking about is just a speculation we all are making here. Even macros won't want to lose the opportunity to play easy by keeping BTC's value low because then, it's actually easy peasy for them to not just manipulate it but also play good in futures and make lots of money, whereas increasing the value of BTC means reducing the size of the opportunity that they currently have. Those who are bragging about BTC a million dollar soon, BTC to 200k and blah blah blah, I'd ask them where are they now.

Times now are like, we may even see some big names be erased out of the markets due to macros playing it out big by adding enough selling pressure and making big parties bankrupt who hold too much BTC and even its long positions, to just get them liquidated.

It's crypto buddy, anything can happen here.
We saw it dump from $30 to $5, then from $1k to $250, then from $10k to $3k (probably even less) and recently, about $69k to around $16k, so anything can happen here and I believe there's much time left for halving so we can't even expect that to price in. Wink

And what's this dee cornz, man? Cheesy

No problem.. I stand by the points that I made in my previous post, and I don't even disagree that it is possible for the BTC price could end up going down or to go down way, way, way below expectations and to stay down there in those abysmal price locations way longer than any normal mortal would have had expected (in order to continue to shake out weak hands), but again, it seems to me to bare repeating that even those folks who have fantasy expectations of BTC low prices (which I cannot remove you from my categorizing you in such a way from your last post that seems to double down on your earlier post) better make sure that those downity praying folks are NOT only preparing for DOWNity scenarios, and hopefully you and your fellow no coiner, low coiners are not overly preparing for down... and then kicking ur lil selfies later because you were too busy overly preparing for what seems to be Armageddon-like scenarios that are probably way less likely than you are expecting them to be.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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June 02, 2023, 09:09:49 PM
 #132

No problem.. I stand by the points that I made in my previous post, and I don't even disagree that it is possible for the BTC price could end up going down or to go down way, way, way below expectations and to stay down there in those abysmal price locations way longer than any normal mortal would have had expected (in order to continue to shake out weak hands), but again, it seems to me to bare repeating that even those folks who have fantasy expectations of BTC low prices (which I cannot remove you from my categorizing you in such a way from your last post that seems to double down on your earlier post) better make sure that those downity praying folks are NOT only preparing for DOWNity scenarios, and hopefully you and your fellow no coiner, low coiners are not overly preparing for down... and then kicking ur lil selfies later because you were too busy overly preparing for what seems to be Armageddon-like scenarios that are probably way less likely than you are expecting them to be.

I'm only talking possibilities and not 100% guaranteed scenarios, so I'm not at all preparing or worried for anything because I work for BTC, I get it instead of USD based on the conversion rates and that's it. And yes, downside will always remain a possibility because of the fact that whatever goes up, must come down (I guess Newton's law maybe?!)
As well, I've come here 3 months earlier than you buddy (registration dates lmao)
So that extra experience speaks as well haha  Wink

One last time, I'd again ask this:
What the F is this dee cornz, man?  Grin

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June 02, 2023, 10:15:48 PM
 #133

The bitcoin price will have next halves in next year which is 2024.So we expect the bull run during the month of January to April of next year.Incase you like to get good profit from the bitcoin,you can have the habit of buying at all the dump till the next year.If you think the price of bitcoin with 28k dollar is high,how you can able to get profit at 50k and 100k next year.So trading is based on the manipulation and finding the right price to buy the bitcoin.The final combo for the profit is holding with some patience.
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June 03, 2023, 09:17:52 AM
Merited by JayJuanGee (1)
 #134

Of course, everyone understands that when a halving occurs, the price will skyrocket, of course, to be able to skyrocket depends on the previous price, if the initial price in 2024 can reach at least $ 50k then I'm optimistic that the price will easily reach $ 100k during the halving but if the initial price in 2024 is around $ 28 k then the max achievable price might be $50k.

Just like others have said, there is always a higher possibility that Bitcoin price will hit a new ATH either after or before the next halving. This is as a result of people already believing that it's going to happen, and the amount of money that miners are to be receiving from block reward is also going to slide down by 50%, which means the amount of Bitcoin to be added into circulation every time is about to be reduced or has already been reduced, which is a good sign for most people to buy and hodl more because a little circulating supply with a higher demand always turns out positive on the long-holder side.

To me, the halving is not usually what always causes the bull run, but it's an instrument that triggers larger buying and long holding, which increases demand, and as a result of this, we can now have higher prices, just as the law of economics dictates. But also because we are expecting a halving anytime soon, it is not a guarantee that Bitcoin must hit another ATH at that very moment. Nothing is impossible, but crossing from 28k, which is its current struggling stage right now, to a $100k new ATH to me is a very high expectation. Never the less, nothing is actually impossible to happen in times of price surprise, but we should reduce our high expectations in order not to be regretful after making a wrong decision because of your huge predictions.

R


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June 03, 2023, 09:30:28 AM
 #135

The bitcoin price will have next halves in next year which is 2024.So we expect the bull run during the month of January to April of next year.Incase you like to get good profit from the bitcoin,you can have the habit of buying at all the dump till the next year.If you think the price of bitcoin with 28k dollar is high,how you can able to get profit at 50k and 100k next year.So trading is based on the manipulation and finding the right price to buy the bitcoin.The final combo for the profit is holding with some patience.
Halving in the past seasons have brought investors huge profit and yes i support about the idea of making its ATH in which expected to be 100k usd and even higher but some says their might be sideways this time as whales are seemingly planning to change the course this halving.
But what is important to understand is that the more you keep holding is thr bigger chancr to earn with limit. Risk.

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June 03, 2023, 11:12:50 AM
 #136

Looking at the current market situation, of course we are pessimistic that the price can reach $ 100k in 2024, even though there is a halving day but in my opinion it is not a strong reason to be able to push to $ 100k, of course the price of $ 100k will not happen in a short time especially at the current price position around $27k, we'll see if the price until the end can reach $60k or not, if it doesn't reach $60k it will be difficult to reach $100k in 2024.

The market conditions at tus current moment has nothing to do with Bitcoin price for next year, this year might be bearish for the market but next year will be bullish because that's the start of the bear market that'll last to the end of 2025 as it did last time.
you are wrong because this has something to do with bitcoin price in the next year , remember that this is the last year before halving and yes we will be in status related position as we are getting near the bull run.

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Bitcoin looks good when you zoom out the charts, it shows that Bitcoin can achieve $100,000 in the next bull cycle. As for the current situation of the market, we might have more correction but it wouldn't be as bad as the correction that happened last year..
another wrong because even if you zoom in or out ? the situation of bitcoin isn't that good comparing to what we have in the past years.
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Bitcoin has shaken off most of the sell pressure from traders and investor with short term goals now only a few of them are left in the market with those that are holding for the bull market to start next year and continue until 2025 when we'll have the peak of the bull season.
we must not pressured of what investors or traders do , because we must act on our own and with our strategy .









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Mars,           
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ElonCoin.org.
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June 03, 2023, 01:18:46 PM
 #137

65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
12 Bitcoin Success Stories: Meet Bitcoin Millionaires, always inspires me to Bitcoin, there are interesting things that I read there, as said by @Kyle Davies.
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“If you don't understand crypto and refuse to learn, it's gonna be a tough century for you.”

There are many lessons that can be concluded about their story, whether it's speculation, prediction or investment in Bitcoin.

Of their stories that I have seen, the statement below impressed me the most.
Quote
We've all seen the charts and know the numbers: bitcoin has been the best investment of the past decade. But now we've seen how the numbers affect people's lives.

Here I can draw one conclusion, if you look at the ATH that has happened to Bitcoin with 65K and believe that it can reach $ 100k next, that something can happen and maybe it can exceed.

So this is the real question to ask.
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So there’s only one question to ask.

Are you ready to start your crypto journey?


Have you bought/invested for now, before the $100k actually happens.....!

R


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June 03, 2023, 01:42:58 PM
Merited by JayJuanGee (1)
 #138

In the last cycle after the halving in 2020 bitcoin made x20 from a bottom of 3k. If we assume the bottom was at 16k and take into account that each cycle gets less growth. For example that bitcoin could make 10x from the previous bottom, then the price could be 160k. But that will probably happen in 2025.
It would be amazing if Bitcoin could be at $ 160K in 2025 even though it is still beyond my personal reasoning even though you have revealed facts that have happened to Bitcoin in the past. But for now I would never envision such a big price on Bitcoin in 2025 which is a super bullish condition on Bitcoin with a market cycle that should really improve by then. Yeah I also hope that hopefully it can happen after 2024 is over.
Why is 160K something fantastic? After bitcoin fell from 20K to 3K in 2018, many also thought the price would not recover again. Especially after it fell again in 2020. But a year later, in 2021 there was another crazy bull run. Those who had no doubts about bitcoin were able to make good profits.

.
HUGE
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June 03, 2023, 04:11:12 PM
Merited by JayJuanGee (1)
 #139

In the last cycle after the halving in 2020 bitcoin made x20 from a bottom of 3k. If we assume the bottom was at 16k and take into account that each cycle gets less growth. For example that bitcoin could make 10x from the previous bottom, then the price could be 160k. But that will probably happen in 2025.
It would be amazing if Bitcoin could be at $ 160K in 2025 even though it is still beyond my personal reasoning even though you have revealed facts that have happened to Bitcoin in the past. But for now I would never envision such a big price on Bitcoin in 2025 which is a super bullish condition on Bitcoin with a market cycle that should really improve by then. Yeah I also hope that hopefully it can happen after 2024 is over.
Why is 160K something fantastic? After bitcoin fell from 20K to 3K in 2018, many also thought the price would not recover again. Especially after it fell again in 2020. But a year later, in 2021 there was another crazy bull run. Those who had no doubts about bitcoin were able to make good profits.

For me, the $160k target is not too high for the next bull cycle, as I believe it will be a super cycle. According to my prediction, 2025 is also the time when the world economy recovers, along with the 4-year cycle of the market, that will also be another catalyst to create a super cycle. So the $160k goal is easily achievable, IMO.

But many also have reason to think that won't happen. If you pay attention, you will see bitcoin becoming less and less profitable as it gets bigger and bigger. Bitcoin's returns are dwindling over time, but conversely, it's becoming safer. Therefore, it is tough to expect bitcoin to bring big profits like in previous years.



.
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June 03, 2023, 04:42:28 PM
 #140

No problem.. I stand by the points that I made in my previous post, and I don't even disagree that it is possible for the BTC price could end up going down or to go down way, way, way below expectations and to stay down there in those abysmal price locations way longer than any normal mortal would have had expected (in order to continue to shake out weak hands), but again, it seems to me to bare repeating that even those folks who have fantasy expectations of BTC low prices (which I cannot remove you from my categorizing you in such a way from your last post that seems to double down on your earlier post) better make sure that those downity praying folks are NOT only preparing for DOWNity scenarios, and hopefully you and your fellow no coiner, low coiners are not overly preparing for down... and then kicking ur lil selfies later because you were too busy overly preparing for what seems to be Armageddon-like scenarios that are probably way less likely than you are expecting them to be.
I'm only talking possibilities and not 100% guaranteed scenarios, so I'm not at all preparing or worried for anything because I work for BTC, I get it instead of USD based on the conversion rates and that's it.

Of course any one who is earning their cashflow through bitcoin is going to be faced with greater likelihood that they are going to be selling BTC on a regular basis, to the extent that they are likely not going to be able to source all of their spending in a circular economy kind of way.

So, I am not really sure if the way that you consider your cash versus BTC exposure is going to be different from the overwhelming majority of people who have to figure out how to even get started in investing into bitcoin and building up a bitcoin position.

On the other hand, even if you earn income in bitcoin, it is still possible that you might end up selling too much.. and I am not even going to proclaim to understand exactly how you are balancing the various individualized factors that each of us has to consider when we are investing into bitcoin which would be: our cashflow, how much bitcoin we have already accumulated, our other investments (including cash reserves), our view of bitcoin as compared with other investments, timeline, risk tolerance, and our time, skills, goals (investment/lifestyle targets) and our abilities to strategize, plan, research and learn along the way including tweaking strategies from time to time to consider trading, reallocating, use of leverage and/or financial instruments.

And yes, downside will always remain a possibility because of the fact that whatever goes up, must come down (I guess Newton's law maybe?!)

Yes.. sure downside is always a possibility and a risk, and no things do not always go back down.. remember the guys saying bitcoin was going to go back below $200 in the late 2015 early 2016 time frame, and remember the guys saying bitcoin was going to go back below $500 in early 2017, and remember the guys saying bitcoin was going back below $1,500 in late 2018 and remember the guys in recent times (since about mid-2022) saying bitcoin was going below $10k (including uie-pooie currently making such ongoing DOWNity assertion)

As well, I've come here 3 months earlier than you buddy (registration dates lmao)

I got involved into researching into BTC right around mid-November 2013, so my first BTC purchase was right around the date that you registered on the forum... so sure no problem to point out that we seem to have right around a similar timeline in bitcoin, even though surely we likely have differing life experiences and various other kinds of knowledge about the world, so I doubt that we should be attempting to place too much predictive power merely in terms of forum registration dates... but sure, glad to know that you have been around these here parts, and perhaps participating too.. I have not gone through your posting history.. and so I am not completely aware regarding how many times we might have had interacted in the past... I could look into it if you believe it is relevant or maybe if it becomes relevant - if we continue to "battle" on aspects of this topic.. maybe my memory will be jogged if we might have had some past battles on this topic or any other topic, I cannot recall off of the top of my head.

So that extra experience speaks as well haha  Wink

Hahahaha

Extra experience?  in what regards?

You seem to be grasping at straws if you are trying to bring up some kind of a status in order to bolster your seemingly not so good proclamations in regards to your downity prayers.. 

It probably hurts your arguments, rather than helps.  But what do I know?

One last time, I'd again ask this:
What the F is this dee cornz, man?  Grin

Oh?  I guess that I missed the last time that you mentioned this as if it were a question.. I though that you were merely making a statement.  The earlier time, I thought that you were saying that "dee cornz" does extreme things.. or something like that, even though you framed it as a question.

It should be pretty obvious that there are a lot of ways to refer to BTC and "dee cornz" is one of the slang kinds of ways.. I doubt that I should have to explain any further than that.  Is there something specific that you would like to know?  It is possible that you may well not know what is "dee cornz" - especially since you seem to be preparing for downity, and you might not be sufficiently/adequately prepared for up, in spite your assertion to the contrary.   Tongue

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June 04, 2023, 09:05:36 AM
 #141

$100k in 2024 probably not yet because we also have to see ATH at $64k must be broken,
and until now $64k is still very strong and Bitcoin price is still trying to break $30k first, yes if you think in 2024 go ahead ,
but I am more realistic that 2024 will still not be and maybe in 2025.

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June 04, 2023, 11:38:30 AM
 #142

$100k in 2024 probably not yet because we also have to see ATH at $64k must be broken,
and until now $64k is still very strong and Bitcoin price is still trying to break $30k first, yes if you think in 2024 go ahead ,
but I am more realistic that 2024 will still not be and maybe in 2025.
The current Bitcoin price is still too far away from the last ATH price Bitcoin ever reached so the possibility of breaking the previous ATH in the near future seems far to be impossible unless there is a bigger increase in each month for Bitcoin. Because everyone also knows that 2024 is not far away, especially now that everyone has spent almost half a year in 2023 where only half a year is left to go to 2024. So this is certainly too close for Bitcoin to break ATH previously on the market.

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June 04, 2023, 01:55:46 PM
 #143

$100k in 2024 probably not yet because we also have to see ATH at $64k must be broken,
and until now $64k is still very strong and Bitcoin price is still trying to break $30k first, yes if you think in 2024 go ahead ,
but I am more realistic that 2024 will still not be and maybe in 2025.

It takes a long process to reach a very big target in 2024, to be honest this is very hard for us, but this is one of the really big targets in our opinion considering that now half of this year has arrived and the market is still in the recovery and correction zone which is always coming, considering this honestly seems like $100k too big for next year as this has already broken ATH before too.

Preferably Bitcoin should be able to get back above $30k in the near term and with this would give hope the Bull will happen even if it doesn't have a big impact in the next year and which but we expect more in the next years i.e. 2025 onwards so even though so stay positive.
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June 06, 2023, 01:09:25 AM
 #144



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

lol 68k to be specific and not 65k.

this year? you mean next year right? but even if I think that there can be no 6 digits pricing next year because we are just starting to the effect of halving
What i tend to believe is in 2025 in which the following year of 2024.


2024 will be a surprise for us holders, of course $ 100k is the main target for Bitcoin,
but there is a strong resistance that must be passed first yep, $ 64k is the price of resistance,
if it breaks then we will see $ 100k even more, hopefully it will happen in 2024.
64k is the resistance? when we already have 68k as ATH?

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June 14, 2023, 10:51:09 AM
 #145

Nobody can give the exact price that bitcoin will reach next year 2024. The halving will take place next year around April,and it will be very uneasy for bitcoin price to hit 100k next year. We are still around 26k which is still very low compare to 100k.

On the other hand bitcoin is a volatile asset which the price movement is not understandable, we might wake up one morning and see that the price has pump up beyond our imagination. It might be possible according to your speculation but let's not put our mind on 100k price next year so that if the price reaches 100k,then good for all investors. I am expecting this price by 2025
Everyone has their price tag for the bull of 2024. Even though the price is unpredictable at least everyone has the right to give their predictions and one of the prediction will fall under the right direction. 100k USA dollar is not attainable in the nearest future of 2024. If the price goes up very well, that should be 68-80k US dollar. That is my part of the prediction.
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June 14, 2023, 09:26:27 PM
 #146

Nobody can give the exact price that bitcoin will reach next year 2024. The halving will take place next year around April,and it will be very uneasy for bitcoin price to hit 100k next year. We are still around 26k which is still very low compare to 100k.

On the other hand bitcoin is a volatile asset which the price movement is not understandable, we might wake up one morning and see that the price has pump up beyond our imagination. It might be possible according to your speculation but let's not put our mind on 100k price next year so that if the price reaches 100k,then good for all investors. I am expecting this price by 2025
Everyone has their price tag for the bull of 2024. Even though the price is unpredictable at least everyone has the right to give their predictions and one of the prediction will fall under the right direction. 100k USA dollar is not attainable in the nearest future of 2024. If the price goes up very well, that should be 68-80k US dollar. That is my part of the prediction.

I would rather speculate the price of Bitcoin 2024 to $ 60k before the price reaches a new all time high,
because if I look at the chart the price of bitcoin always reaches a new year after 1 year of halving,
if you don't believe me look at and analyze the chart of Bitcoin and you will understand it, I prefer predicts bitcoin will reach $150k in 2025.

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June 14, 2023, 10:33:26 PM
 #147

$100k in 2024 probably not yet because we also have to see ATH at $64k must be broken,
and until now $64k is still very strong and Bitcoin price is still trying to break $30k first, yes if you think in 2024 go ahead ,
but I am more realistic that 2024 will still not be and maybe in 2025.
yes I agree with you, it seems that $ 100k this year is still too high because until now bitcoin has not been able to break through the $ 30k resistance and plus now the SEC issue has reappeared making it increasingly difficult for bitcoin to penetrate $ 30k. I'm a little different from you about bullish, I'm more sure if bullish will occur in 2024.
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June 14, 2023, 10:42:05 PM
 #148

I would rather speculate the price of Bitcoin 2024 to $ 60k before the price reaches a new all time high,
because if I look at the chart the price of bitcoin always reaches a new year after 1 year of halving,
if you don't believe me look at and analyze the chart of Bitcoin and you will understand it, I prefer predicts bitcoin will reach $150k in 2025.

Looking at the chart doesn't always give an accurate price prediction. The chart always helps us make our own observations and decisions on where the price of Bitcoin might be in the coming months or years. But while making your calculation and prediction, don't forget the fact that bad news, which is one of the major issues behind the Bitcoin price's backward movement since last year, is not added to the chart, and such incidents always happen unexpectedly, which can delay the price movement of Bitcoin when it should have eventually met a new ATH high.

Due to some of those reasons, I always argue that the price of Bitcoin can't actually be predicted when it will hit a new ATH, halving or not. The price will still shake if we have some bad news, which will be strong enough to trigger panic selling.

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June 16, 2023, 12:04:02 AM
 #149

$100k in 2024 probably not yet because we also have to see ATH at $64k must be broken,
and until now $64k is still very strong and Bitcoin price is still trying to break $30k first, yes if you think in 2024 go ahead ,
but I am more realistic that 2024 will still not be and maybe in 2025.
yes I agree with you, it seems that $ 100k this year is still too high because until now bitcoin has not been able to break through the $ 30k resistance and plus now the SEC issue has reappeared making it increasingly difficult for bitcoin to penetrate $ 30k. I'm a little different from you about bullish, I'm more sure if bullish will occur in 2024.
Bitcoin market is in a very bad situation now. But Bitcoin price may be good by the end of 2023. Everyone is hoping that if the Bitcoin market is good, all the traders can recover some of their losses. Many traders are going to dump the price of Bitcoin.  Big losses are in. All those who have invested in Bitcoin are waiting to see when the price of Bitcoin will increase.

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June 16, 2023, 12:13:51 AM
Merited by JayJuanGee (1)
 #150

Considering the last ATH was at around 68-69k, I think reaching 100k on the next bull run is not unreasonable, it could definitely happen. Plus its x4 from here so its not really unimaginable for bitcoin world, we have seen so much more increases before, so this should be easy to do. However, will the next bull run start at 2024? We do not know that part, it may start or maybe it will be by 2025 until it reaches that level. I honestly believe that 2025 would be a much better deal. Its almost always 1 year after the halving when we see the ATH price broken, and if it were to happen again then 2024 is halving so that means 2025 should be the ATH breaking point again. But this is just assumption, I do not have any idea what will happen.

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June 16, 2023, 04:33:17 AM
 #151

$100k in 2024 probably not yet because we also have to see ATH at $64k must be broken,
and until now $64k is still very strong and Bitcoin price is still trying to break $30k first, yes if you think in 2024 go ahead ,
but I am more realistic that 2024 will still not be and maybe in 2025.
yes I agree with you, it seems that $ 100k this year is still too high because until now bitcoin has not been able to break through the $ 30k resistance and plus now the SEC issue has reappeared making it increasingly difficult for bitcoin to penetrate $ 30k. I'm a little different from you about bullish, I'm more sure if bullish will occur in 2024.
Bitcoin market is in a very bad situation now. But Bitcoin price may be good by the end of 2023. Everyone is hoping that if the Bitcoin market is good, all the traders can recover some of their losses. Many traders are going to dump the price of Bitcoin.  Big losses are in. All those who have invested in Bitcoin are waiting to see when the price of Bitcoin will increase.

I am not going to claim to know what is going to happen, but I know that almost every time when we are in the bear market, then various newbies will be spouting out regarding how bitcoin prices cannot go up and that there is too much resistance and that all the other newbies are going to want to dumb as soon as BTC prices get close to previous ATHs - however, it seems to me that there is a kind of pattern that when the BTC price is going up, all the retail newbie weak hands are not likely going to be enough to keep the honey badger down.

So the mere fact that all your newbie weak-hand buddies are whining that they need to lock in their dollar profits, that seems like a big so what, once the UPpity momentum becomes too much.

Yes, it is possible that the various US Govt attacks can keep king daddy down, but it was also possible that silk road getting taken down in late 2013 could have kept king daddy down too.. but it did not.. it is also possible that the various china shutting down bitcoin exchanges in late 2016 or their shutting down mining in early to mid 2021 could have kept bitcoin down.. but it did not.

So good luck with any theories that involve you failing refusing to sufficiently/adequately prepare for UP because you are too busy thinking that it is not going to go up.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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June 16, 2023, 06:48:51 AM
 #152

While the recent dip in Bitcoin prices has led to frustration among some investors, many have taken advantage of this opportunity. Especially those who are big investors are buying Bitcoin. Some big companies are increasing their investment. In the current bearish trend Bitcoin price is around $25000 which was $28000 few days ago. It is going to be a golden opportunity for holders and regular DCA followers. A Bitcoin investor should adapt to any adverse and favorable environment. Successful Bitcoin investors consider Bitcoin's bearishness as the key to success. I think we will see Bitcoin's new ATH by 2024. But if that doesn't happen in 2024 then 2025 is more likely Bitcoin year.
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June 16, 2023, 09:35:38 AM
 #153



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
100k is too small buddy, what if I say bullrun at the end of this year it might Bitcoin be able to reach 120k or 150k level. This is only speculation and prediction, anything can still happen in the future. If you believe in what you just said, start collecting little by little Bitcoin according to the strength of the money you have. Buy at a low price, sell at a high price, that's the real purpose of investing.

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June 16, 2023, 11:02:40 AM
Merited by JayJuanGee (1)
 #154

$100k in 2024 probably not yet because we also have to see ATH at $64k must be broken,
and until now $64k is still very strong and Bitcoin price is still trying to break $30k first, yes if you think in 2024 go ahead ,
but I am more realistic that 2024 will still not be and maybe in 2025.
yes I agree with you, it seems that $ 100k this year is still too high because until now bitcoin has not been able to break through the $ 30k resistance and plus now the SEC issue has reappeared making it increasingly difficult for bitcoin to penetrate $ 30k. I'm a little different from you about bullish, I'm more sure if bullish will occur in 2024.
Bitcoin market is in a very bad situation now. But Bitcoin price may be good by the end of 2023. Everyone is hoping that if the Bitcoin market is good, all the traders can recover some of their losses. Many traders are going to dump the price of Bitcoin.  Big losses are in. All those who have invested in Bitcoin are waiting to see when the price of Bitcoin will increase.

I am not going to claim to know what is going to happen, but I know that almost every time when we are in the bear market, then various newbies will be spouting out regarding how bitcoin prices cannot go up and that there is too much resistance and that all the other newbies are going to want to dumb as soon as BTC prices get close to previous ATHs - however, it seems to me that there is a kind of pattern that when the BTC price is going up, all the retail newbie weak hands are not likely going to be enough to keep the honey badger down.

So the mere fact that all your newbie weak-hand buddies are whining that they need to lock in their dollar profits, that seems like a big so what, once the UPpity momentum becomes too much.

Definitely this newbies will have to learn it the hard way, when they all are whining and complaining that the price is too late, and yet they are not buying. And then going to FOMO when we reach $100k, that will be the worst scenario for them. And then they learn their expensive lesson so in the next bull run or bear market then know what they are going to do. So let's give them sometime, sort of doing their own "soul searching".

Yes, it is possible that the various US Govt attacks can keep king daddy down, but it was also possible that silk road getting taken down in late 2013 could have kept king daddy down too.. but it did not.. it is also possible that the various china shutting down bitcoin exchanges in late 2016 or their shutting down mining in early to mid 2021 could have kept bitcoin down.. but it did not.

So good luck with any theories that involve you failing refusing to sufficiently/adequately prepare for UP because you are too busy thinking that it is not going to go up.

And even with the Mt. Gox hacks though, I think that is one of the worst that happen to bitcoin, and we have seen a lot of early holders, selling it as they think that it will be over for the king daddy that time. But then again, bitcoin bounces back, and after so many years you can hear random tweets about those old heads who says that they sold when the hack happen and they regret doing it.

R


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June 16, 2023, 01:27:15 PM
 #155

Considering the last ATH was at around 68-69k, I think reaching 100k on the next bull run is not unreasonable, it could definitely happen. Plus its x4 from here so its not really unimaginable for bitcoin world, we have seen so much more increases before, so this should be easy to do. However, will the next bull run start at 2024? We do not know that part, it may start or maybe it will be by 2025 until it reaches that level. I honestly believe that 2025 would be a much better deal. Its almost always 1 year after the halving when we see the ATH price broken, and if it were to happen again then 2024 is halving so that means 2025 should be the ATH breaking point again. But this is just assumption, I do not have any idea what will happen.
We will never know from that part but only the speculation that we provide at this time to predict bitcoin returning at the next ATH, 100K might be easy to reach when it has passed the halving after that there will be a recovery to complete even higher prices in 2025 to be a lot to assume and that year will be the right one for bitcoin to surpass 100K more I believe where history cycles will happen again and we have to wait for that moment.

I think now we have to be a little patient where bitcoin has been a crash but it's not for failure but we have to be able to add ammunition in our wallets, we have to think that 2025 will be a bullish year, again it's speculation I will be the same as you.

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June 16, 2023, 01:37:05 PM
 #156

Considering the last ATH was at around 68-69k, I think reaching 100k on the next bull run is not unreasonable, it could definitely happen. Plus its x4 from here so its not really unimaginable for bitcoin world, we have seen so much more increases before, so this should be easy to do. However, will the next bull run start at 2024? We do not know that part, it may start or maybe it will be by 2025 until it reaches that level. I honestly believe that 2025 would be a much better deal. Its almost always 1 year after the halving when we see the ATH price broken, and if it were to happen again then 2024 is halving so that means 2025 should be the ATH breaking point again. But this is just assumption, I do not have any idea what will happen.
We will never know from that part but only the speculation that we provide at this time to predict bitcoin returning at the next ATH, 100K might be easy to reach when it has passed the halving after that there will be a recovery to complete even higher prices in 2025 to be a lot to assume and that year will be the right one for bitcoin to surpass 100K more I believe where history cycles will happen again and we have to wait for that moment.

I think now we have to be a little patient where bitcoin has been a crash but it's not for failure but we have to be able to add ammunition in our wallets, we have to think that 2025 will be a bullish year, again it's speculation I will be the same as you.

I think we all have that kind of speculation in 2024-2025, it will be bullish similar to what we have witnessed previously. We even had one of the biggest test in our last bear market, which is the pandemic and the price did suffer along the way.

But no one can stop the bull run, or at least the catalyst which is the block halving. And as soon as this activity happen, we slowly gain momentum. So we are going to expect that kind of bullishness or maybe history repeating itself again so $100k++ could be our next target or prediction.

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June 16, 2023, 04:52:40 PM
 #157


$100k in 2024 is still too far from the target because the halving will just happen in 2024,
usually if we look at history, the Bitcoin price can pump x2 or x4 from the ATH price,
we have to wait another year, I don't know maybe 2025 or 2026 Bitcoin can reach $ 100k,
for the time being just focus on getting to $ 30k or $ 50k.

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June 17, 2023, 10:34:13 AM
Merited by JayJuanGee (1)
 #158

I think we all have that kind of speculation in 2024-2025, it will be bullish similar to what we have witnessed previously. We even had one of the biggest test in our last bear market, which is the pandemic and the price did suffer along the way.
Did you know that the Covid-19 pandemic started from 2020 to 2022 if I'm not mistaken it's a liberation for every region that enforces it, but look at bitcoin has gone through the bullrun phase with its new ATH in 2021 with throughout the year bitcoin can still be shows good movement if the time is right, namely after the 2020 halving and the ATH in 2021.

But no one can stop the bull run, or at least the catalyst which is the block halving. And as soon as this activity happen, we slowly gain momentum. So we are going to expect that kind of bullishness or maybe history repeating itself again so $100k++ could be our next target or prediction.
When the time comes, bullrun will occur whenever it happens, but you still have to look at the history of the previous cycle where after the halving occurs next year, I estimate it will occur in 2025, the same as the previous cycle, but every scenario is always different, but I don't think it will much different from before.
Right now I think it's still in the bearish phase it's time to increase the bitcoin portfolio as much as possible because to get to 2025 it will be soon and time will fly so quickly, so you have to be prepared with all that.

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June 22, 2023, 07:47:26 AM
 #159


$100k in 2024 is still too far from the target because the halving will just happen in 2024,
usually if we look at history, the Bitcoin price can pump x2 or x4 from the ATH price,
we have to wait another year, I don't know maybe 2025 or 2026 Bitcoin can reach $ 100k,
for the time being just focus on getting to $ 30k or $ 50k.

You said it already, we have reached $30k in the last 2 days, so obviously there is a rally that is going on right now because of companies applying for a Bitcoin Spot ETF. And if we talk about the price at pre-halving, I wouldn't be surprised if we hit $40k-$50k at the end of the year.

So most likely $100k could be achieved in the next bull run, looking at the last all time high at $69k, we could be looking at around $150k-$180k, my rough estimates as how big could be the next bull run.
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June 22, 2023, 08:01:43 AM
 #160



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
well, for now an optimistic attitude is needed. although until now the price of bitcoin is still trying to stay at a price of $ 30k, the potential to reach $ 100k in 2024 is still possible. it's just that, it's a pretty high speculation if we see that we only have 1 more year to pass bitcoin ATH all this time. It's just that, in 2024 there will be a halving, and I hope the price will really be pushed to reach that price. For now, the main target to reach $100k is $50k, and hopefully bitcoin price can be close to ATH later this year.

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June 22, 2023, 07:44:58 PM
 #161

I don’t think we see a six figure Bitcoin price until 2025, but who knows given the last cycle was held down with manipulation from FTX. If we do see a six figure BTC in 2024, then I would expect 2025 to have an absolutely insane blow off top near the $800K range. I think a more sensible prediction would be $60K in 2024 & $200K in 2025.

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June 22, 2023, 09:59:14 PM
 #162

I don’t think we see a six figure Bitcoin price until 2025, but who knows given the last cycle was held down with manipulation from FTX. If we do see a six figure BTC in 2024, then I would expect 2025 to have an absolutely insane blow off top near the $800K range. I think a more sensible prediction would be $60K in 2024 & $200K in 2025.
Lets just go into that realistic approach on which 200k in 2025 is bound to be that realistic than on having those 7 digit price speculations which we have heard some few months ago. Speculations and predictions is flooding out in the market and we cant really stop into those permabulls which it is really that too optimistic about on the price that it could hit up but well everything is possible.It is really just that hard to believe
on the time that we do see that others been saying some numbers which arent really that even reachable on a short span of time. 100k on 2024 is just that too much on which if we do base up on the current
movement that we do have in past 2 years then its not something that attainable, unless if we do have that lots of positive news then it could be possible but if its not then we would be moving sideways a bit
far more longer.

batang_bitcoin
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June 22, 2023, 10:32:16 PM
 #163

We're seeing the setup coming from all of those Bitcoin ETF applications. There's now a massive buyoff that's happening and if you don't have an idea where all these demands are coming from, the majority of it comes from whoever applied these Bitcoin ETFs.
While the retail traders and investors should just come on what's happening right now, whenever most of these applications becomes approved. I think that we're going to see a massive rally which could land to a price that we're not expecting.

I don’t think we see a six figure Bitcoin price until 2025, but who knows given the last cycle was held down with manipulation from FTX. If we do see a six figure BTC in 2024, then I would expect 2025 to have an absolutely insane blow off top near the $800K range. I think a more sensible prediction would be $60K in 2024 & $200K in 2025.
I wouldn't call it crazy if it gets $800k, not unreal could be realistic but this is why I like bitcoin. Full of surprises, if it dumps, certainly gonna make everyone upset. But if it pumps, it goes to the price that we've never expected during the bull run.




 

 

 

 

 

 


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June 23, 2023, 02:10:43 AM
 #164

I don’t think we see a six figure Bitcoin price until 2025, but who knows given the last cycle was held down with manipulation from FTX. If we do see a six figure BTC in 2024, then I would expect 2025 to have an absolutely insane blow off top near the $800K range. I think a more sensible prediction would be $60K in 2024 & $200K in 2025.
I think what you say is very reasonable and natural that bitcoin will do, but everything will begin to be determined when the halving occurs, whether there will be an increase !!! if indeed, as you said, it can reach $ 60K during the halving period, of course, it is certain that in 2025 there will be a surprise several times the last ATH, maybe 2x or 3x and $ 200K is an acceptable value, at least it is above $ 100K which has already been predicted in 2021.

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June 23, 2023, 06:13:22 AM
 #165



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

This year? I don't think so, How did you say that? Bitcoin halving hasn't happened yet and it's still next year after this halving the bull run will start. What would be the reason for Bitcoin to be 100k$ as you say this?

It's not that I don't want Bitcoin to be 100k$, but of course, we have to be realistic, not like we're fooling ourselves. Of course, that's the real situation. That's okay for long-term investors who can wait to reach the 100k$ but not this year. Not for doubting but of course the market because we know that it is very unpredictable.


.SWG.io.













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Davian144
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June 23, 2023, 08:22:46 AM
 #166

I think what you say is very reasonable and natural that bitcoin will do, but everything will begin to be determined when the halving occurs, whether there will be an increase !!! if indeed, as you said, it can reach $ 60K during the halving period, of course, it is certain that in 2025 there will be a surprise several times the last ATH, maybe 2x or 3x and $ 200K is an acceptable value, at least it is above $ 100K which has already been predicted in 2021.
The halving period may not be that far away as everyone only needed to go through the year to see the period and now everyone has seen how the Bitcoin price is starting to stabilize around $30K. This means that if in the halving period Bitcoin can reach $ 60K, Bitcoin needs to increase in price twice from now on in the not so distant future and I also have no doubt that Bitcoin can increase twice from its current price in that period. But in terms of $200K which is also the highest ATH in Bitcoin history, I still doubt it can be reached although I have no doubt Bitcoin will generally continue to improve.
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June 23, 2023, 08:55:47 AM
 #167



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

This year? I don't think so, How did you say that? Bitcoin halving hasn't happened yet and it's still next year after this halving the bull run will start. What would be the reason for Bitcoin to be 100k$ as you say this?

It's not that I don't want Bitcoin to be 100k$, but of course, we have to be realistic, not like we're fooling ourselves. Of course, that's the real situation. That's okay for long-term investors who can wait to reach the 100k$ but not this year. Not for doubting but of course the market because we know that it is very unpredictable.
This information is for people looking forward for 100k for bitcoin. I am not interested in bitcoin 100k because it will still fail. Bitcoin 100k is what the whales and sharks of the market used to keep us in the market during the bull run so that they will still crash the price on us.
Immediately it is a new ATH I am taking profits straightup

R


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Reatim
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June 23, 2023, 10:08:48 AM
 #168



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
68k actually close to 69k is the recorded price ,  and thinking that this will record 100k this year is seems to be far from happening because the bull year is the next one and not 2023 .
But lets not lose hope as we still have more than 6 months to fulfil this year.
if we are going to check the all time high recorded is happening at least every 4 years , and commonly or truly coming from each after halving.
actually I have managed to be part for the last 2 halving but lets see what will I gather in the next one .
seems to be the best for me because i come to accumulate more than what i have got in those past 2 bull.
if I am going to believe the market now? it looks the same to what had happened last before the year of halving.










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Mars,           
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uswa56
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June 23, 2023, 10:52:33 AM
 #169



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
68k actually close to 69k is the recorded price ,  and thinking that this will record 100k this year is seems to be far from happening because the bull year is the next one and not 2023 .
But lets not lose hope as we still have more than 6 months to fulfil this year.
if we are going to check the all time high recorded is happening at least every 4 years , and commonly or truly coming from each after halving.
actually I have managed to be part for the last 2 halving but lets see what will I gather in the next one .
seems to be the best for me because i come to accumulate more than what i have got in those past 2 bull.
if I am going to believe the market now? it looks the same to what had happened last before the year of halving.
If we look at the movement of the Bitcoin price in the last few years, actually it can be a reference and anyone who has entered long ago has no doubt about it, but let's think realistically that the Bitcoin price movement so far this year has not had a significant movement and even since we saw last ATH in 2021 nothing else comes close to that, personally i believe on 4 year cycle 100k price will be hit but we don't know when it will be.
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June 23, 2023, 11:09:26 AM
 #170



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
68k actually close to 69k is the recorded price ,  and thinking that this will record 100k this year is seems to be far from happening because the bull year is the next one and not 2023 .
But lets not lose hope as we still have more than 6 months to fulfil this year.
if we are going to check the all time high recorded is happening at least every 4 years , and commonly or truly coming from each after halving.
actually I have managed to be part for the last 2 halving but lets see what will I gather in the next one .
seems to be the best for me because i come to accumulate more than what i have got in those past 2 bull.
if I am going to believe the market now? it looks the same to what had happened last before the year of halving.
If we look at the movement of the Bitcoin price in the last few years, actually it can be a reference and anyone who has entered long ago has no doubt about it, but let's think realistically that the Bitcoin price movement so far this year has not had a significant movement and even since we saw last ATH in 2021 nothing else comes close to that, personally i believe on 4 year cycle 100k price will be hit but we don't know when it will be.

There has been a lot of speculation that the price of Bitcoin and cryptocurrencies will be bullish ahead of the halving and after the halving,
so we just need to prepare a strategy so that it goes according to our plan, 2024 is only a few months away so be patient and we'll see.
I myself also still hold bitcoin and altcoins and also still accumulate them.
Dimitri94
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June 23, 2023, 12:30:21 PM
 #171



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
68k actually close to 69k is the recorded price ,  and thinking that this will record 100k this year is seems to be far from happening because the bull year is the next one and not 2023 .
But lets not lose hope as we still have more than 6 months to fulfil this year.
if we are going to check the all time high recorded is happening at least every 4 years , and commonly or truly coming from each after halving.
actually I have managed to be part for the last 2 halving but lets see what will I gather in the next one .
seems to be the best for me because i come to accumulate more than what i have got in those past 2 bull.
if I am going to believe the market now? it looks the same to what had happened last before the year of halving.
If we look at the movement of the Bitcoin price in the last few years, actually it can be a reference and anyone who has entered long ago has no doubt about it, but let's think realistically that the Bitcoin price movement so far this year has not had a significant movement and even since we saw last ATH in 2021 nothing else comes close to that, personally i believe on 4 year cycle 100k price will be hit but we don't know when it will be.

There has been a lot of speculation that the price of Bitcoin and cryptocurrencies will be bullish ahead of the halving and after the halving,
so we just need to prepare a strategy so that it goes according to our plan, 2024 is only a few months away so be patient and we'll see.
I myself also still hold bitcoin and altcoins and also still accumulate them.
There are always various price predictions made about BTC. There are some price predictions that seem unrealistic but are quite likely to happen. The bearish trend in the crypto market since 2022 is channeling the energy to become bullish and we will soon see a reflection of that. Everyone believes that Bitcoin's new al time high will emerge in 2024. $100k btc price is expected. Some speculate that Halving may exceed $200k, which is also possible. But personally I think we will definitely be able to see the peak price of BTC in 2025 even if the BTC price does not go as expected in 2024.
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June 23, 2023, 02:18:44 PM
 #172

No doubt if in 2024 the price can touch $ 100K, of course the important factor that triggers is Halving Day which will occur in early 2024, of course many things can hamper fantastic increases up to $ 100k, for example, there are big cases such as 2022 namely Luna and FTX which makes panic in the market.
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June 23, 2023, 06:09:06 PM
 #173


65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
This year? I don't think so, How did you say that? Bitcoin halving hasn't happened yet and it's still next year after this halving the bull run will start. What would be the reason for Bitcoin to be 100k$ as you say this?

It's not that I don't want Bitcoin to be 100k$, but of course, we have to be realistic, not like we're fooling ourselves. Of course, that's the real situation. That's okay for long-term investors who can wait to reach the 100k$ but not this year. Not for doubting but of course the market because we know that it is very unpredictable.

Yes.. there is quite a bit of unpredictability in bitcoin, and it can be unpredictable to the upside as well as to the downside.  So the mere fact that it would take a 3.5x price increase to get to $100k does not rule out such a price run happening this year rather than waiting until after the halvening.

Remember 2019, BTC had a 3.5x price run in 3 months, and sure it did not breach the previous ATH, but that seems to be a minor detail that does not preclude the possibility that BTC prices could do a 3.5x from here within the next 3 to 6 months...    Sure, maybe the odds for a 3.5x price run from here by the end of the year would be less than 15% to 20% and maybe even lower than that.. but still the odds are not non-zero - given what bitcoin is and given that it has a lot of examples of demonstrating quite intense price movements, and the price tends to go up more than it goes down, even though people can get discouraged by the down.. yet we already had quite a bit of down in the last year (and even in the last year and a half if we start from the November 2021 price top), and another thing is that the November 2021 "blow off"  top was not even close to the "blow-off" tops of previous cycles, and the mere fact that the 2021 blow off top was a lot less than previous blow off tops does not take away from bitcoin's ongoing ability to have another blow off top of similar magnitudes as the 2021 blow off top or similar magnitudes to the blow off tops of previous cycles.

This information is for people looking forward for 100k for bitcoin. I am not interested in bitcoin 100k because it will still fail. Bitcoin 100k is what the whales and sharks of the market used to keep us in the market during the bull run so that they will still crash the price on us.
Immediately it is a new ATH I am taking profits straightup

Historically, a lot of people have gotten reckt pretty badly psychologically and financially when they had taken too much profits too soon - without figuring out some kind of a more moderate and long term strategy that mostly involves holding bitcoin.. but hey whatever, you do you.  You have to figure out your own ways to manage your BTC and your BTC holdings in a way that is comfortable for you, even if you might end up selling too much too soon, merely because you erroneously and presumptively think that you got it all figured out.

There has been a lot of speculation that the price of Bitcoin and cryptocurrencies will be bullish ahead of the halving and after the halving,
so we just need to prepare a strategy so that it goes according to our plan, 2024 is only a few months away so be patient and we'll see.
I myself also still hold bitcoin and altcoins and also still accumulate them.

Yes it is good to have plans for a variety of scenarios rather than just saying "let's see."

And fuck shitcoins... even though you are free to hold that crap.... and believe that they are helping you if there happens to be some kind of a bitcoin bullrun (rather than perhaps just diluting your bitocin holdings and also diluting your attention in such a way that you don't even know what bitcoin is as compared with shitcoins that you want to brag about having).

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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June 23, 2023, 06:58:08 PM
 #174

There has been a lot of speculation that the price of Bitcoin and cryptocurrencies will be bullish ahead of the halving and after the halving,
so we just need to prepare a strategy so that it goes according to our plan, 2024 is only a few months away so be patient and we'll see.
I myself also still hold bitcoin and altcoins and also still accumulate them.
Yes it is good to have plans for a variety of scenarios rather than just saying "let's see."

And fuck shitcoins... even though you are free to hold that crap.... and believe that they are helping you if there happens to be some kind of a bitcoin bullrun (rather than perhaps just diluting your bitocin holdings and also diluting your attention in such a way that you don't even know what bitcoin is as compared with shitcoins that you want to brag about having).
Scenarios of bitcoin strategy are many but DCA is probably simpler for me.

There is no shitcoin held, not that I underestimate it with some of the other giant altcoins but bitcoin which remains the main thing I want in a long term investment is one of the best coins you will ever have then a 100% bitcoin portfolio.

If you have to thin out your bitcoin holdings if it's not a big deal? I don't feel that it should continue to be sold, but I am more important how to accumulate small ones but can be stable at quite large numbers in dollars that are put into bitcoin.

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June 24, 2023, 10:43:21 AM
 #175



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
68k actually close to 69k is the recorded price ,  and thinking that this will record 100k this year is seems to be far from happening because the bull year is the next one and not 2023 .
But lets not lose hope as we still have more than 6 months to fulfil this year.
if we are going to check the all time high recorded is happening at least every 4 years , and commonly or truly coming from each after halving.
actually I have managed to be part for the last 2 halving but lets see what will I gather in the next one .
seems to be the best for me because i come to accumulate more than what i have got in those past 2 bull.
if I am going to believe the market now? it looks the same to what had happened last before the year of halving.
If we look at the movement of the Bitcoin price in the last few years, actually it can be a reference and anyone who has entered long ago has no doubt about it, but let's think realistically that the Bitcoin price movement so far this year has not had a significant movement and even since we saw last ATH in 2021 nothing else comes close to that, personally i believe on 4 year cycle 100k price will be hit but we don't know when it will be.

There has been a lot of speculation that the price of Bitcoin and cryptocurrencies will be bullish ahead of the halving and after the halving,
so we just need to prepare a strategy so that it goes according to our plan, 2024 is only a few months away so be patient and we'll see.
I myself also still hold bitcoin and altcoins and also still accumulate them.
The way bitcoin price is increasing it seems that bitcoin will reach 40k$ this time. But few days back was the right time to invest. This time is very good for those who managed to invest. And those who didn't invest are big fools. I think next year  Bitcoin price will rise further. The days ahead are going to be very good for those who invest now and hold on.

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June 24, 2023, 11:21:32 AM
Merited by JayJuanGee (1)
 #176

65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

Yes. I like the topic title you wrote " BTC 100K FOR 2024 " Whether this will imply BTC price will be there soon for me is not the main issue. what is important today is that the market response has been good in the past two days and many large institutions have entered, indicating that BTC's journey will not take long, although it will be gradual.

Bitcoin was never $65k last year, I think you are  talking about 2021.


In October 2021 to be precise, I think the OP is too enthusiastic about writing. But that's okay, I think the important thing is the direction of the goal, maybe everyone knows and the numbers are correct. Grin Grin




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June 24, 2023, 08:11:02 PM
Merited by woez (1)
 #177

[edited out]
The way bitcoin price is increasing it seems that bitcoin will reach 40k$ this time. But few days back was the right time to invest. This time is very good for those who managed to invest. And those who didn't invest are big fools. I think next year  Bitcoin price will rise further. The days ahead are going to be very good for those who invest now and hold on.

Sure, the earlier that any of us get started, then the more likelihood that we can get our shit together and figure out some kind of a BTC investment (accumulation) strategy, and then to employ, learn and build upon such strategy. 

There is no guarantee that the BTC price is going up from here, and there is no reason to suggest that it is too late to buy bitcoin, even if the BTC price goes up to $40k or goes up to $100k.. the main issue that comes from buying on pumps is a likely need for a longer time horizon in order to feel more comfortable about being in profits, and it can take a decently long time for anyone to be in profits, so in that regard, I cannot really disagree with your suggestion that it might have been better to buy below $30k rather than above $30k.. but at the same time, no one can turn back the clock, and they have to start to buy/accumulate bitcoin from the place that they are at - rather than pondering about yesterday or contemplating if the price might go down.. so if they don't have any coin or they are low on bitcoin, then it is likely better that they get started sooner rather than later in terms of both figuring their strategy and starting to stack sats.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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June 25, 2023, 02:17:59 PM
 #178



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
68k actually close to 69k is the recorded price ,  and thinking that this will record 100k this year is seems to be far from happening because the bull year is the next one and not 2023 .
But lets not lose hope as we still have more than 6 months to fulfil this year.
if we are going to check the all time high recorded is happening at least every 4 years , and commonly or truly coming from each after halving.
actually I have managed to be part for the last 2 halving but lets see what will I gather in the next one .
seems to be the best for me because i come to accumulate more than what i have got in those past 2 bull.
if I am going to believe the market now? it looks the same to what had happened last before the year of halving.
If we look at the movement of the Bitcoin price in the last few years, actually it can be a reference and anyone who has entered long ago has no doubt about it, but let's think realistically that the Bitcoin price movement so far this year has not had a significant movement and even since we saw last ATH in 2021 nothing else comes close to that, personally i believe on 4 year cycle 100k price will be hit but we don't know when it will be.

There has been a lot of speculation that the price of Bitcoin and cryptocurrencies will be bullish ahead of the halving and after the halving,
so we just need to prepare a strategy so that it goes according to our plan, 2024 is only a few months away so be patient and we'll see.
I myself also still hold bitcoin and altcoins and also still accumulate them.
The way bitcoin price is increasing it seems that bitcoin will reach 40k$ this time. But few days back was the right time to invest. This time is very good for those who managed to invest. And those who didn't invest are big fools. I think next year  Bitcoin price will rise further. The days ahead are going to be very good for those who invest now and hold on.

Halving will change Bitcoin including Altcoins, I've been following Halving of Bitcoin since 2017 and 2020,
yes I know the second halving was in 2016 but look after the halving what happens? yes 2017 the bitcoin price went to new ATH!,
Likewise in 2020, after the halving Bitcoin also rose to new ATH, and I'm sure 2025 Bitcoin will also reach its new ATH after the halving in 2024.

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June 25, 2023, 05:20:47 PM
Merited by fillippone (1), uchegod-21 (1)
 #179

Immediately it is a new ATH I am taking profits straight up
If you planned on taking a profit at the new ATH you should have a good exit strategy to take your profit, implying this kind of strategy below would save you from taking a profit way too soon than supposed, I know how the feelings use to be when you exit the market early, and in some occasions, the market moves up like 2x from your point of exit, I suggest you should try this method while the market has not changed direction, 1st take 25%, 2nd 30%, 3rd 50%, 4th 70% and finally 100% 0f your portfolio.

R


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June 25, 2023, 08:06:03 PM
 #180

I don’t know, I honestly don’t believe in such forecasts in the near future. The maximum seemed to be 64-67k dollars, and therefore we would first approach at least this price and then dream about these cherished 100k.therefore, such a scenario is very unlikely by next year, perhaps by halving the price will be pumped up by other prerequisites, I don’t see it yet.

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June 25, 2023, 08:58:03 PM
 #181

That is a bold prediction right now and no real back up story or research for it so I still stick to my personal opinion of Bitcoin breaking the 65k range during 2024 but it won't go over 100k soon or even 2025 but it all depends of how strong the next bull run can be. If somehow , Bitcoin breaks the 65k mark right after he halv , there is still a lot of months left for Bitcoin to go to 100k and surpass that range but I still see 2023 as a full bear market and this summer circle is only a sudden rising that most likely will go back under 30k as soon as July start.

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June 25, 2023, 11:19:05 PM
 #182

I also think 60K is more realistic. But come on, that was already in 2021 as Dr.BitcoinStrange says.
This year should be more if everything is correct.
But would it stop there or keep on growing next year? Because double top M formation with peaks on 60k would look really bad technically speaking, like end of crypto type bad.
I don't think 100k is impossible but i rather not see that happening this year. Slow growth would suit better for me. Also i am afraid what kind of mayhem it would mean for alts and total marketcap. Everything would probably moon like there's no tomorrow. But i feel like alts need a new trend to boom, like metaverse, nfts, AI and such. But in a more meaningful level, not just a hype word.

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June 26, 2023, 02:27:44 PM
 #183

I don’t know, I honestly don’t believe in such forecasts in the near future. The maximum seemed to be 64-67k dollars, and therefore we would first approach at least this price and then dream about these cherished 100k.therefore, such a scenario is very unlikely by next year, perhaps by halving the price will be pumped up by other prerequisites, I don’t see it yet.

You don't understand bitcoin, if you believe that there is a maximum.

However, for sure there are not guarantees, either.

Part of the idea of an asymmetric bet is that if you place a certain value into it, without leveraging (or overdoing it), then the most is that you could lose is the value that you put in, but you have a variety of possible upsides.. that can be measured in terms of both time and in terms of price... whether you create some kind of an arbitrary selection of $100k by 2024 or if you choose some other time and price...

......and if you are trying to get super specific in regards to trying to predict time and price then you are likely considering the matter wrongly, and maybe if you realize that UP is directionally correct, and if your investment timeline might be 4-10 years or more, then likely it is merely a matter of "how much UP" ends up happening in the time frame that you want to be into bitcoin, and you likely are not going to necessarily know specifics, even though surely once you are in profits (again not guaranteed), then you have freedoms to cash out how much you want in the time increments that you like - and in that regard, your choice to invest into bitcoin has given you more options rather than fewer options (in the event that you had not chosen to invest).

Accordingly, if we realize that bitcoin's direction is likely up, it should not matter too much if BTC prices go up 6% per year, 20% per year, 100% per year, 200% per year or some other number, and surely anyone investing into bitcoin prefers bitcoin to go up more rather than less per year (and we would also like bitcoin to beat inflation and perhaps the performance of competitive asset classes), but we cannot really know, except for that the odds seem pretty decent that bitcoin is going to continue to be biased towards up (in the longer term), and that there is likely going to be a lot of volatility along the way (one of the most inevitable characteristics of bitcoin seems to be its volatility - but otherwise not exactly predictable in pinpointing terms beyond having a kind of hunch that it is likely to be directionally up, rather than down, or sideways).

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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June 26, 2023, 04:35:29 PM
 #184

Halving will change Bitcoin including Altcoins, I've been following Halving of Bitcoin since 2017 and 2020,
yes I know the second halving was in 2016 but look after the halving what happens? yes 2017 the bitcoin price went to new ATH!,
Likewise in 2020, after the halving Bitcoin also rose to new ATH, and I'm sure 2025 Bitcoin will also reach its new ATH after the halving in 2024.

Historical data like the Halving Bitcoin since 2017 and 2020 as well as graphic patterns, analysis and fundamental factors such as economic news, company performance and overall market conditions deserve consideration and play a very important role in making investment decisions and unraveling mistakes.

I think the Halving is still a long way off and my estimate is about six months and 6 more. Talking about investing in BTC , Today's breakout or reject, if you monitor the price, is still worth buying before flying higher.

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June 26, 2023, 04:41:34 PM
 #185

Halving will change Bitcoin including Altcoins, I've been following Halving of Bitcoin since 2017 and 2020,
yes I know the second halving was in 2016 but look after the halving what happens? yes 2017 the bitcoin price went to new ATH!,
Likewise in 2020, after the halving Bitcoin also rose to new ATH, and I'm sure 2025 Bitcoin will also reach its new ATH after the halving in 2024.

Historical data like the Halving Bitcoin since 2017 and 2020 as well as graphic patterns, analysis and fundamental factors such as economic news, company performance and overall market conditions deserve consideration and play a very important role in making investment decisions and unraveling mistakes.

I think the Halving is still a long way off and my estimate is about six months and 6 more. Talking about investing in BTC , Today's breakout or reject, if you monitor the price, is still worth buying before flying higher.

You're right, now that we are on $30,000 range with the market price anything can happen all of a sudden and people can just wake up one day to discover that we are already passed the zone to over $40,000 but what we know is that we are likely not going to experience more than $68,000 till the Halving occur, we should still buy and hodl if the opportunity is there for bitcoin because we are still on the dip and the bullrun is yet to begin, it may still take more little while before the Halving next year. Buy and hodl now before the bullrun.

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June 26, 2023, 05:10:29 PM
 #186

I don’t know, I honestly don’t believe in such forecasts in the near future. The maximum seemed to be 64-67k dollars, and therefore we would first approach at least this price and then dream about these cherished 100k.therefore, such a scenario is very unlikely by next year, perhaps by halving the price will be pumped up by other prerequisites, I don’t see it yet.

You don't understand bitcoin, if you believe that there is a maximum.

However, for sure there are not guarantees, either.
I don't think that there is a maximum price for bitcoin because bitcoin is a volatile assets that can pump to a high price that we don't expect and can even keep on pumping. We are only trying to speculate what next year halving will impact on bitcoin price. Nobody can predict the that it will react at ATH,all one needs to do is to stash up his bitcoin and wait to see what price we will have from after the halving.

.....and if you are trying to get super specific in regards to trying to predict time and price then you are likely considering the matter wrongly.
You are right,it is impossible for anyone to predict the exact time and price that bitcoin will hit. Nobody know when but the good thing is that we are positive of bitcoin price moving upward because of the present state that we are,which is getting close to the halving. I believe that when the halving is near the price will keep pumping up and after the halving it will continue till 2025 when bitcoin price will hit ATH,which is most investors focus. Bitcoin is volatile so we should expect any good price from the it. The important thing is that you should keep your coins and sell some fraction even though bitcoin hits 100k because in the next 5yrs from now bitcoin price will hit above $120k. Because the more the years passes the more bitcoin value will increase.

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June 26, 2023, 05:57:00 PM
 #187

I don’t know, I honestly don’t believe in such forecasts in the near future. The maximum seemed to be 64-67k dollars, and therefore we would first approach at least this price and then dream about these cherished 100k.therefore, such a scenario is very unlikely by next year, perhaps by halving the price will be pumped up by other prerequisites, I don’t see it yet.
You don't understand bitcoin, if you believe that there is a maximum.

However, for sure there are not guarantees, either.
I don't think that there is a maximum price for bitcoin because bitcoin is a volatile assets that can pump to a high price that we don't expect and can even keep on pumping. We are only trying to speculate what next year halving will impact on bitcoin price. Nobody can predict the that it will react at ATH,all one needs to do is to stash up his bitcoin and wait to see what price we will have from after the halving.


Yes... and your wanting to get excited about trying to figure out the short term price moves of bitcoin seems to be part of my point.  It's a fruitless endeavor that seems to under-appreciate the long term value of bitcoin.

What are you going to do if bitcoin goes up to $100k in 2024?  Sell your bitcoin?  What are you going to do if it ONLY goes up to $40k or 60k in 2024?  Are you still selling? 

What if it goes down between now and 2024?  Do you have a plan for that?

How about if bitcoin goes up to $1million in 2024?  do you have a plan for that? 

Do you consider $1million to be possible in 2024?

Part of my point is that you should have a plan for all of these kinds of scenarios, and other variations of similar scenarios - rather than maniacally focusing on some kind of a narrow price and time, which in this thread has been deemed to be $100k by 2024 (whether or not it will happen and/or how likely it is to happen). 

.....and if you are trying to get super specific in regards to trying to predict time and price then you are likely considering the matter wrongly.
You are right,it is impossible for anyone to predict the exact time and price that bitcoin will hit. Nobody know when but the good thing is that we are positive of bitcoin price moving upward because of the present state that we are,which is getting close to the halving.

Yes.. bitcoin might not go up in that time frame.  Then what are you going to do?  or it might overshoot, then what? 

Are you prepared for a variety of scenarios, and how much does your plan changed based on what scenarios play out?  or are you just playing it by ear and continuously trying to figure out what to do?  You sell some when it goes up and then it keeps going up so then you buy some, is that right?

I believe that when the halving is near the price will keep pumping up and after the halving it will continue till 2025 when bitcoin price will hit ATH,which is most investors focus.

And what if it doesn't?  What's your plan?


Several times, I have mentioned several of the important individual factors that individuals should be considering in terms of the ways that they invest in bitcoin, and view of what the price will do is ONLY one of the factors.  So, do you have your other factors already figured out.

Here they are:
   >>>>>you should be attempting to consider your cashflow, how much bitcoin you have already accumulated, your other investments (including cash reserves), your view of bitcoin as compared with other investments, timeline, risk tolerance, and your time, skills, goals (investment/lifestyle targets) and your abilities to strategize, plan, research and learn along the way including tweaking strategies from time to time to consider trading, reallocating, use of leverage and/or financial instruments.<<<<<<

Bitcoin is volatile so we should expect any good price from the it.

 It's volatile in both directions, no?

The important thing is that you should keep your coins and sell some fraction even though bitcoin hits 100k because in the next 5yrs from now bitcoin price will hit above $120k. Because the more the years passes the more bitcoin value will increase.

I agree with this part.. even though I don't know why you are getting caught up with the $120k price... Yes, there are good chances that bitcoin is going to well exceed $120k in the coming 3 months to 5 years.. but what if it does not?  I don't have any problem with the idea of plotting out various numbers and various scenarios, but I do find it problematic to get caught up upon specific numbers.. because it comes off as if you are not really planning for a variety of scenarios that might happen, including that your $120k number might not happen in 5 years and it might not even happen in 10 years... So then what do you do?  Do you have any better way of talking about whatever it is that you are doing with your bitcoin, if that's what you are wanting to do?  or maybe you are thinking that it is a good idea to talk about the topic in the same way as OP - merely because OP presented this topic in a superficial and incomplete way, as hypothesizing how likely it would be that BTC would be $100k in 2024.

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June 26, 2023, 07:05:34 PM
 #188



65K Last year record price ever !

I think this year it might be full 100K Final bull run for the coin.
Are we seeing that amount of bitcoin price this year, I dont think so with the current Bitcoin market behaviour it will be hard to know what will happen to the price and if bitcoin is going to reach that price of 100k as you speculate.
Because from the look of things Bitcoin may not go above 60k price this year 2023 and before the halving, because if Bitcoin reaches 100k before Bitcoin halving it may become hard to see another bull run after the 2024 halving.

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June 26, 2023, 07:31:28 PM
 #189

Immediately it is a new ATH I am taking profits straight up
I am a big believer in taking profits and know that bitcoin price has been predicted to keep rising however because I have some pressing needs at hand, I already have in mind my price exit point. I invested in bitcoin to make money. I know i am not going to make money over night and I know I will not stick around and wait until bitcoin hits a $100k before I take profits. At every point in time when the price of bitcoin hits the number I have in mind, I take profit and settle an urgent need or use it to go live out my best life. I only got one life to live men and I gotta make the best use of it with my profit taken from bitcoin.

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June 26, 2023, 07:53:15 PM
 #190

Are we seeing that amount of bitcoin price this year, I dont think so with the current Bitcoin market behaviour it will be hard to know what will happen to the price and if bitcoin is going to reach that price of 100k as you speculate.
Because from the look of things Bitcoin may not go above 60k price this year 2023 and before the halving, because if Bitcoin reaches 100k before Bitcoin halving it may become hard to see another bull run after the 2024 halving.
Bitcoin price is always unpredictable so what is happening in this year is part of the volatile nature of Bitcoin. Bitcoin reaching 100k$ this year is not possible. Even 60k$ is not possible it is a prediction so everyone is allowed to say what the future of Bitcoin will be. As for me this year Bitcoin prediction will be about 35-40k$ and next year will be 60k$.
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June 26, 2023, 08:10:56 PM
Merited by JayJuanGee (1)
 #191

That is a bold prediction right now and no real back up story or research for it so I still stick to my personal opinion of Bitcoin breaking the 65k range during 2024 but it won't go over 100k soon or even 2025 but it all depends of how strong the next bull run can be. If somehow , Bitcoin breaks the 65k mark right after he halv , there is still a lot of months left for Bitcoin to go to 100k and surpass that range but I still see 2023 as a full bear market and this summer circle is only a sudden rising that most likely will go back under 30k as soon as July start.

Yeah. I'm sticking to my boring guns of "a year after halving" to see a return to ATH. And that's optimistically assuming that that cycle won't be affected by the unravelling of the world economy in the period coming up to that. I'm still certain we haven't seen the worst of things yet, and Bitcoin cycles haven't also gone through this kind of period -- then there's also the uncharted territory of what's going on in Russia/Ukraine.

Surely we can't ignore that backdrop, no?

There is reason to be optimistic though. Bitcoin at 30k now despite desperate situations everywhere says quite a bit about deep strength.

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June 26, 2023, 08:14:38 PM
Last edit: June 26, 2023, 08:47:38 PM by STT
Merited by JayJuanGee (1)
 #192

Belief more then proper estimate, the best prices for indicated estimates in 2024 or future years would be the bottom price, the lowest price in each year as a trend.  Its not as exciting but its far more accurate then trying to guess all the hype and froth of a highest price which may only register for a day at the peak.  
  The lowest price in 2018 and 2019 was quite modest, if we put in the low in this last year of BTC price action that'd be the baseline for any gain upwards from there.  I think the 2021 peak was so high was because of new money, dollars and other nations in pandemic funding via debt basically and weakening of currencies.
  Crypto itself growing is far more important, I was just listening someone making a fairly good point; the level of volatility in BTC vs paper or political currencies is starting to justify holding BTC regardless of price if it becomes more reliable then we would get to situations where an exponential price gain can occur not just speculative but alongside genuine growth in usage etc.

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June 26, 2023, 08:25:08 PM
 #193

Are we seeing that amount of bitcoin price this year, I dont think so with the current Bitcoin market behaviour it will be hard to know what will happen to the price and if bitcoin is going to reach that price of 100k as you speculate.
Because from the look of things Bitcoin may not go above 60k price this year 2023 and before the halving, because if Bitcoin reaches 100k before Bitcoin halving it may become hard to see another bull run after the 2024 halving.
Bitcoin price is always unpredictable so what is happening in this year is part of the volatile nature of Bitcoin. Bitcoin reaching 100k$ this year is not possible. Even 60k$ is not possible it is a prediction so everyone is allowed to say what the future of Bitcoin will be. As for me this year Bitcoin prediction will be about 35-40k$ and next year will be 60k$.
I feel that it is indeed impossible to reach 100k this year but the predictions are exaggerated even though bitcoin fluctuates a lot but everyone is different in analyzing speculation but I think 50k may still be very realistic to achieve.
for 2024 the reality could be even higher after the halving but in that process there are always long sideways before the recovery towards the real bullish one, I only predict that at the end of 2024 bitcoin will be pumped significantly.

R


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June 27, 2023, 03:00:02 AM
 #194



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
68k actually close to 69k is the recorded price ,  and thinking that this will record 100k this year is seems to be far from happening because the bull year is the next one and not 2023 .
But lets not lose hope as we still have more than 6 months to fulfil this year.
if we are going to check the all time high recorded is happening at least every 4 years , and commonly or truly coming from each after halving.
actually I have managed to be part for the last 2 halving but lets see what will I gather in the next one .
seems to be the best for me because i come to accumulate more than what i have got in those past 2 bull.
if I am going to believe the market now? it looks the same to what had happened last before the year of halving.
If we look at the movement of the Bitcoin price in the last few years, actually it can be a reference and anyone who has entered long ago has no doubt about it, but let's think realistically that the Bitcoin price movement so far this year has not had a significant movement and even since we saw last ATH in 2021 nothing else comes close to that, personally i believe on 4 year cycle 100k price will be hit but we don't know when it will be.
we can assume that it will be next year ? or maybe at least 2025? what I mean is this
may happen sooner because of the incoming bitcoin halving and yes we have seen how many of this for how times before.
the last halving is 2021 then yes 2024 is the next one and it will be coming sooner mate.









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June 27, 2023, 04:19:52 AM
 #195

Are we seeing that amount of bitcoin price this year, I dont think so with the current Bitcoin market behaviour it will be hard to know what will happen to the price and if bitcoin is going to reach that price of 100k as you speculate.
Because from the look of things Bitcoin may not go above 60k price this year 2023 and before the halving, because if Bitcoin reaches 100k before Bitcoin halving it may become hard to see another bull run after the 2024 halving.
Bitcoin price is always unpredictable so what is happening in this year is part of the volatile nature of Bitcoin. Bitcoin reaching 100k$ this year is not possible. Even 60k$ is not possible it is a prediction so everyone is allowed to say what the future of Bitcoin will be. As for me this year Bitcoin prediction will be about 35-40k$ and next year will be 60k$.
I feel that it is indeed impossible to reach 100k this year but the predictions are exaggerated even though bitcoin fluctuates a lot but everyone is different in analyzing speculation but I think 50k may still be very realistic to achieve.
for 2024 the reality could be even higher after the halving but in that process there are always long sideways before the recovery towards the real bullish one, I only predict that at the end of 2024 bitcoin will be pumped significantly.

If bitcoin can hit $100k in this year, that means history will be broken because bitcoin has never been able to make a new ATH before the halving. I still believe in history repeating itself rather than expecting a miracle to happen this year. Moreover, the world economic situation is still very unstable, and all other financial markets are also in the doldrums. That shows that not many people are excited to invest at this stage, so it is hard to expect a new inflow of money into the market to push the bitcoin price up. What's going on is no different in 2019, history is repeating itself, so a target of $40k or $50k is a more viable target for us.
Yes, bitcoin will be pumped in late 2024 or Q1 2025, and ATH will be generated in Q3 2025, IMO.

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June 27, 2023, 03:56:49 PM
 #196

we can assume that it will be next year ? or maybe at least 2025? what I mean is this
may happen sooner because of the incoming bitcoin halving and yes we have seen how many of this for how times before.
the last halving is 2021 then yes 2024 is the next one and it will be coming sooner mate.
Looks our dreaming is not come true with Bitcoin will reach to $100k for 2024, although almost closer with bitcoin halving time seems not stable bitcoin price after last several days drop to $27K and right now raise up again to $30K. Difficult for bitcoin keep stable with current price and many bad news make investors panic for selling bitcoin on lower price, have expectation for Bitcoin if can't reach until $100k on 2024 has chance keep stable above $60k and give dominance for altcoin growing to higher price.

Believe or not, its not instant for Bitcoin back to higher price and get recovery month by month, when price up has correction moment are waiting for and I think not recommended keep holder when getting chance bitcoin reached up to higher price.

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June 27, 2023, 06:22:47 PM
 #197

Immediately it is a new ATH I am taking profits straight up
I am a big believer in taking profits and know that bitcoin price has been predicted to keep rising however because I have some pressing needs at hand, I already have in mind my price exit point. I invested in bitcoin to make money. I know i am not going to make money over night and I know I will not stick around and wait until bitcoin hits a $100k before I take profits. At every point in time when the price of bitcoin hits the number I have in mind, I take profit and settle an urgent need or use it to go live out my best life. I only got one life to live men and I gotta make the best use of it with my profit taken from bitcoin.

Well if you started investing in bitcoin in 2015, and you bought $25k worth of bitcoin, you might have been able to get 100 bitcoin ($250 each), and if you cashed out at various points along the way, then you could have lived your best life, but you would jnot have shit to show for it.. Maybe you would still maintain $25k invested into bitcoin?  Perhaps?  And just cashed out profits?

On the other hand, if you had held onto those BTC, then right now 100 BTC would be worth in the ballpark of $3 million, and you would have a lot more options, rather than your having had been thinking so short term and cashing out on one of the best (if not the best) investments of our time.    In other words, it does not seem to be so smart to be fucking around with taking too many profits too soon, at least until you might get to a BTC accumulation arena that your BTC might really be delivering you value and options, and you might not even need to cash out very many (once you have given them opportunties to compound upon themselves and to build value, such as in the example of accumulating 100 BTC with a purchasing  value in the arena of $25k.

Are we seeing that amount of bitcoin price this year, I dont think so with the current Bitcoin market behaviour it will be hard to know what will happen to the price and if bitcoin is going to reach that price of 100k as you speculate.
Because from the look of things Bitcoin may not go above 60k price this year 2023 and before the halving, because if Bitcoin reaches 100k before Bitcoin halving it may become hard to see another bull run after the 2024 halving.
Bitcoin price is always unpredictable so what is happening in this year is part of the volatile nature of Bitcoin. Bitcoin reaching 100k$ this year is not possible. Even 60k$ is not possible it is a prediction so everyone is allowed to say what the future of Bitcoin will be. As for me this year Bitcoin prediction will be about 35-40k$ and next year will be 60k$.

Of course $100k is possible in 2023 and it is also possible in 2024...

Is it probable?  Well, that's another question.  And sure, weigh the odds and try to figure out a strategy that works for you.  Hopefully, you are not so bearish that you fail/refuse to adequately prepare for UP, even if you believe it to not be very probable (impossible, in your words.. which seems like an in adequate financial and psychological preparation for unlikely things that do tend to happen in bitcoin, and still are likely to continue to happen in the future - even if such improbable things do not have high odds of happening.).

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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June 27, 2023, 11:00:44 PM
 #198



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

We are all hoping it will happen, next year will be another halving, and a year before the bull is when people are excited to invest because what makes it attractive and profitable to invest in Bitcoin is it being deflationary in nature and the fast adoption of the society when there is a huge demand and limited supply expect the price to peek.
I am very bullish about next year's price especially the Blackrock application, we're hoping that Blackrock will maintain its record of 100% approval this could be the news that can help the price to move up and maybe set a new all-time high.
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June 27, 2023, 11:14:00 PM
 #199

we can assume that it will be next year ? or maybe at least 2025? what I mean is this
may happen sooner because of the incoming bitcoin halving and yes we have seen how many of this for how times before.
the last halving is 2021 then yes 2024 is the next one and it will be coming sooner mate.
Looks our dreaming is not come true with Bitcoin will reach to $100k for 2024, although almost closer with bitcoin halving time seems not stable bitcoin price after last several days drop to $27K and right now raise up again to $30K. Difficult for bitcoin keep stable with current price and many bad news make investors panic for selling bitcoin on lower price, have expectation for Bitcoin if can't reach until $100k on 2024 has chance keep stable above $60k and give dominance for altcoin growing to higher price.

Believe or not, its not instant for Bitcoin back to higher price and get recovery month by month, when price up has correction moment are waiting for and I think not recommended keep holder when getting chance bitcoin reached up to higher price.
Speaking about potential price then there's no limit because everything would really be according to demand and recognition on which this is something which cant really be predicted on where it would be going.
$100k for 2024? Who knows but knowing that we are already on that after halving event then for sure this is the time on where bull run might kicked in. There are even people who had been predicting about half a million dollars with this upcoming bull run with Bitcoin which i dont see for it to be realistic but since this market is speculative then it would be normal that we would be flooded out by lots of speculative approach which
there's no considered to be right or wrong on this one. The important thing on here is that you should just go with the flow, take up some advantage on accumulating if the price do make out some nasty correction
and sell out if you do make out some significant profits. Rinse and repeat.  Smiley

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June 28, 2023, 09:58:14 AM
 #200

Immediately it is a new ATH I am taking profits straight up
If you planned on taking a profit at the new ATH you should have a good exit strategy to take your profit, implying this kind of strategy below would save you from taking a profit way too soon than supposed, I know how the feelings use to be when you exit the market early, and in some occasions, the market moves up like 2x from your point of exit, I suggest you should try this method while the market has not changed direction, 1st take 25%, 2nd 30%, 3rd 50%, 4th 70% and finally 100% 0f your portfolio.
That is a nice idea!
Purely a DCA way of selling. Just the reverse of buying in percentages too. I appreciate your advice. This method will make me not to regret much even if the market keeps moving upwards after attaining a new ATH.
Also, if after attaining a new ATH and bitcoin price begins to drop, it will not also affect me much since I am selling in percentages.

R


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June 28, 2023, 01:13:05 PM
 #201

Immediately it is a new ATH I am taking profits straight up
If you planned on taking a profit at the new ATH you should have a good exit strategy to take your profit, implying this kind of strategy below would save you from taking a profit way too soon than supposed, I know how the feelings use to be when you exit the market early, and in some occasions, the market moves up like 2x from your point of exit, I suggest you should try this method while the market has not changed direction, 1st take 25%, 2nd 30%, 3rd 50%, 4th 70% and finally 100% 0f your portfolio.
That is a nice idea!
Purely a DCA way of selling. Just the reverse of buying in percentages too. I appreciate your advice. This method will make me not to regret much even if the market keeps moving upwards after attaining a new ATH.
Also, if after attaining a new ATH and bitcoin price begins to drop, it will not also affect me much since I am selling in percentages.

For those selling on the way up, I would also consider selling smaller amounts, and never going 100% fiat (which means never going completely out of BTC), even if there might be some who will choose to sell large amounts of their BTC on the way up.

My own personal strategy is to sell ONLY a small percent for each time that the BTC price goes up (so I am selling even less than .5% for every 10% that the BTC price goes up.. .. even though there are some folks who have recommended selling 10% for every 100% that the BTC price goes up, such as in:

Rpietila's (Risto) 2013 Thread entitled:  (SSS) - A Sane and Simple bitcoin Savings plan

Please note that even rpietila was talking about starting to sell BTC once the BTC price had already gone up several times (past a certain threshold), and in that thread he was also recommending to never sell his whole BTC stash (even though I am not sure if he completely stuck with some of his suggested strategies and he turned out to be a scammer and he had his own personal drama issues.... too..  RIP).

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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June 28, 2023, 01:35:18 PM
Merited by JayJuanGee (1)
 #202

Immediately it is a new ATH I am taking profits straight up
If you planned on taking a profit at the new ATH you should have a good exit strategy to take your profit, implying this kind of strategy below would save you from taking a profit way too soon than supposed, I know how the feelings use to be when you exit the market early, and in some occasions, the market moves up like 2x from your point of exit, I suggest you should try this method while the market has not changed direction, 1st take 25%, 2nd 30%, 3rd 50%, 4th 70% and finally 100% 0f your portfolio.
That is a nice idea!
Purely a DCA way of selling. Just the reverse of buying in percentages too. I appreciate your advice. This method will make me not to regret much even if the market keeps moving upwards after attaining a new ATH.
Also, if after attaining a new ATH and bitcoin price begins to drop, it will not also affect me much since I am selling in percentages.

For those selling on the way up, I would also consider selling smaller amounts, and never going 100% fiat (which means never going completely out of BTC), even if there might be some who will choose to sell large amounts of their BTC on the way up.

My own personal strategy is to sell ONLY a small percent for each time that the BTC price goes up (so I am selling even less than .5% for every 10% that the BTC price goes up.. .. even though there are some folks who have recommended selling 10% for every 100% that the BTC price goes up, such as in:

Rpietila's (Risto) 2013 Thread entitled:  (SSS) - A Sane and Simple bitcoin Savings plan

Please note that even rpietila was talking about starting to sell BTC once the BTC price had already gone up several times (past a certain threshold), and in that thread he was also recommending to never sell his whole BTC stash (even though I am not sure if he completely stuck with some of his suggested strategies and he turned out to be a scammer and he had his own personal drama issues.... too..  RIP).
Well  after reading the thread and some comments in the link provided, I think you would rather prefer not to sell off any BTC if in case you are possession of some because the uptrend of the price is just a reminder that bitcoin bullish movement is still alive and has more force in it to even break bigger. When reading through the thread (SSS) - A Sane and Simple bitcoin Savings plan  I could see some comment of some members actually arguing about the price going more than 10k $  then, and it made me imagine how big and fast bitcoin has grown since that time and the height at which it will attain in the coming years, I could say one can only hope to store and stack enough BTC as he or she can because the market is certainly going to go surpass the current 30k$ mark so selling BTC isn't going to be a thing I would want to do.

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June 28, 2023, 02:28:28 PM
 #203

Immediately it is a new ATH I am taking profits straight up
If you planned on taking a profit at the new ATH you should have a good exit strategy to take your profit, implying this kind of strategy below would save you from taking a profit way too soon than supposed, I know how the feelings use to be when you exit the market early, and in some occasions, the market moves up like 2x from your point of exit, I suggest you should try this method while the market has not changed direction, 1st take 25%, 2nd 30%, 3rd 50%, 4th 70% and finally 100% 0f your portfolio.
That is a nice idea!
Purely a DCA way of selling. Just the reverse of buying in percentages too. I appreciate your advice. This method will make me not to regret much even if the market keeps moving upwards after attaining a new ATH.
Also, if after attaining a new ATH and bitcoin price begins to drop, it will not also affect me much since I am selling in percentages.

For those selling on the way up, I would also consider selling smaller amounts, and never going 100% fiat (which means never going completely out of BTC), even if there might be some who will choose to sell large amounts of their BTC on the way up.

My own personal strategy is to sell ONLY a small percent for each time that the BTC price goes up (so I am selling even less than .5% for every 10% that the BTC price goes up.. .. even though there are some folks who have recommended selling 10% for every 100% that the BTC price goes up, such as in:

Rpietila's (Risto) 2013 Thread entitled:  (SSS) - A Sane and Simple bitcoin Savings plan

Please note that even rpietila was talking about starting to sell BTC once the BTC price had already gone up several times (past a certain threshold), and in that thread he was also recommending to never sell his whole BTC stash (even though I am not sure if he completely stuck with some of his suggested strategies and he turned out to be a scammer and he had his own personal drama issues.... too..  RIP).
Well  after reading the thread and some comments in the link provided, I think you would rather prefer not to sell off any BTC if in case you are possession of some because the uptrend of the price is just a reminder that bitcoin bullish movement is still alive and has more force in it to even break bigger. When reading through the thread (SSS) - A Sane and Simple bitcoin Savings plan  I could see some comment of some members actually arguing about the price going more than 10k $  then, and it made me imagine how big and fast bitcoin has grown since that time and the height at which it will attain in the coming years, I could say one can only hope to store and stack enough BTC as he or she can because the market is certainly going to go surpass the current 30k$ mark so selling BTC isn't going to be a thing I would want to do.

I recall reading a post (or maybe it was a thread?) by Rpietila in which he was concerned that he had sold too many BTC in the $600-ish territory during the 2013 price run.. and those kinds of things can surely happen, even when someone has a pretty decent selling plan that is mostly meant to be incremental selling on the way up rather than selling everything and then regretting it.

We have had examples of folks who sold everything on the way up because they thought that the price was going to come back down, and then they became bitter because the price did not come back down, and they thereafter decided to get out of bitcoin completely and be bitter about the whole matter - and surely some of those bitter people will end up coming back into bitcoin, and likely at a much higher price.. and whether they are able to recover from their own past gambling behaviors (that seem to play all or nothing behaviors - and tends to be worse incrementalism type strategies), is still to be seen and likely to vary since the details of people tend to be different and people tend to handle their finances and psychology in different ways too.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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June 28, 2023, 02:30:26 PM
Merited by JayJuanGee (1)
 #204

For those selling on the way up, I would also consider selling smaller amounts, and never going 100% fiat (which means never going completely out of BTC), even if there might be some who will choose to sell large amounts of their BTC on the way up.

My own personal strategy is to sell ONLY a small percent for each time that the BTC price goes up (so I am selling even less than .5% for every 10% that the BTC price goes up.. .. even though there are some folks who have recommended selling 10% for every 100% that the BTC price goes up, such as in:

Rpietila's (Risto) 2013 Thread entitled:  (SSS) - A Sane and Simple bitcoin Savings plan
Exactly it is not nice to sell all the BTC and empty the coins in your BTC wallet and as that you are not a Bitcoin holder but a Fiat holder on Millionaire or Billionaire. Then later the person would be struggling to buy Bitcoin again and start from the beginning again. Instead as JayJuanGee said, selling a unit to solve the immediate problem is the best way to be a good holder of Bitcoin. Because there are some time that you might need BTC to solve issues online and if you don't have Bitcoin at that time, you would still buy again, to the transaction so it is better you sell small and keep the rest for future use.
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June 28, 2023, 02:54:13 PM
 #205

For those selling on the way up, I would also consider selling smaller amounts, and never going 100% fiat (which means never going completely out of BTC), even if there might be some who will choose to sell large amounts of their BTC on the way up.

My own personal strategy is to sell ONLY a small percent for each time that the BTC price goes up (so I am selling even less than .5% for every 10% that the BTC price goes up.. .. even though there are some folks who have recommended selling 10% for every 100% that the BTC price goes up, such as in:

Rpietila's (Risto) 2013 Thread entitled:  (SSS) - A Sane and Simple bitcoin Savings plan
Exactly it is not nice to sell all the BTC and empty the coins in your BTC wallet and as that you are not a Bitcoin holder but a Fiat holder on Millionaire or Billionaire. Then later the person would be struggling to buy Bitcoin again and start from the beginning again. Instead as JayJuanGee said, selling a unit to solve the immediate problem is the best way to be a good holder of Bitcoin. Because there are some time that you might need BTC to solve issues online and if you don't have Bitcoin at that time, you would still buy again, to the transaction so it is better you sell small and keep the rest for future use.

Well, let's say that you came to bitcoin in 2018 (so 5 years ago)--- and between 2018 and now you were able to accumulate 4.5 BTC for an average price of around $10,000.... so you could have various price points in which you sell those BTC in 2023 (or maybe at some future date), and if you sell all of your BTC, you may well end up struggling to figure out how to get them back.  Whether you are able to buy back your BTC at the price that you sold them might be another question... and whether you are able to invest the value of those sold BTC into something that is equal to or better than BTC is still another question that you will face with levels of uncertainty.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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June 29, 2023, 02:27:20 AM
 #206

Bitcoin was at 69k in 2021 but then the price of bitcoin fell so much that by the end of 2022 the bitcoin market was below 20k. But I noticed the year after the halving so the halving is in 2024 but in 2025 the price of bitcoin could hit 100. But I'm happy myself. If Bitcoin price reaches 100K in 2024, who wouldn't be happy? So the higher the price of Bitcoin, the better for us. Of course, past prices are more likely to double in 2024-25 than in 2021.

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June 29, 2023, 08:23:58 PM
 #207

Of course, past prices are more likely to double in 2024-25 than in 2021.
Because every time from ATH to new ATH there is always a fairly high increase, this cannot be compared with the previous ATH because I believe bitcoin can exceed $ 100K.
See how the history of the 4 year cycle of statistics shows that many times bitcoin will increase from this cycle, so I never doubted because people buy bitcoin now to wait for the price of bitcoin to come which is called the new ATH.

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June 29, 2023, 10:01:16 PM
 #208

Immediately it is a new ATH I am taking profits straight up
If you planned on taking a profit at the new ATH you should have a good exit strategy to take your profit, implying this kind of strategy below would save you from taking a profit way too soon than supposed, I know how the feelings use to be when you exit the market early, and in some occasions, the market moves up like 2x from your point of exit, I suggest you should try this method while the market has not changed direction, 1st take 25%, 2nd 30%, 3rd 50%, 4th 70% and finally 100% 0f your portfolio.
When it comes to taking profits,  the saddest experience is taking the profits too soon,  I have experience this last week when bitcoin reached 27k+ I quickly took off some profits and within the next few hours,  bitcoin raised to almost 30k and there after a few days Bitcoin touched 31k+ severally and that gave me a lot of bad feelings that hard I known I should have waited a little before taking such steps in taking profits too early.
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June 29, 2023, 10:09:36 PM
 #209

Immediately it is a new ATH I am taking profits straight up
If you planned on taking a profit at the new ATH you should have a good exit strategy to take your profit, implying this kind of strategy below would save you from taking a profit way too soon than supposed, I know how the feelings use to be when you exit the market early, and in some occasions, the market moves up like 2x from your point of exit, I suggest you should try this method while the market has not changed direction, 1st take 25%, 2nd 30%, 3rd 50%, 4th 70% and finally 100% 0f your portfolio.
When it comes to taking profits,  the saddest experience is taking the profits too soon,  I have experience this last week when bitcoin reached 27k+ I quickly took off some profits and within the next few hours,  bitcoin raised to almost 30k and there after a few days Bitcoin touched 31k+ severally and that gave me a lot of bad feelings that hard I known I should have waited a little before taking such steps in taking profits too early.
Kind of mistake on which most people do able to experience specially into those who do make out some short trades or daytrading on where selling out too early but well there's nothing we can do but to move on. Thing you should have in mind to ease up that stress and regret is that you should really considered it as a profit because everything considered to be a gain would be still good and its not something that you do look into the other part and assuming that you should have made more if you do able to hold.

Better than nothing right? It is really just that human beings are really that not contented on what they do have.Instead on moving on and making another good entry should really be having in mind.
100k in 2024? No one really knows and as a trader then you should really just go with the flow.

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June 29, 2023, 10:10:49 PM
Merited by JayJuanGee (1)
 #210


Well, let's say that you came to bitcoin in 2018 (so 5 years ago)--- and between 2018 and now you were able to accumulate 4.5 BTC for an average price of around $10,000.... so you could have various price points in which you sell those BTC in 2023 (or maybe at some future date), and if you sell all of your BTC, you may well end up struggling to figure out how to get them back.  Whether you can buy back your BTC at the price that you sold them might be another question... and whether you can invest the value of those sold BTC into something that is equal to or better than BTC is still another question that you will face with levels of uncertainty.
When it comes to taking profits along the DCA line,  one needs to apply a lot of constraints and shouldn't over sold at any point no matter what the price may be or the profits merging on the Bitcoin,  since selling Bitcoin at every possible opportunity only lead to loss of your bitcoin holding, because bitcoin is more fun when it is held for the long term.

There is risk associated with taking profits at every market advantage which is the possible inability to get those bitcoin back at the same value you first buy the bitcoin,  and since bitcoin accumulation is a journey, one needs to apply the same time principle in both the buying and selling point without a rush in both.
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June 30, 2023, 04:23:22 AM
 #211

When it comes to taking profits along the DCA line,  one needs to apply a lot of constraints and shouldn't over sold at any point no matter what the price may be or the profits merging on the Bitcoin,  since selling Bitcoin at every possible opportunity only lead to loss of your bitcoin holding, because bitcoin is more fun when it is held for the long term.
It looks like you are one of those people who are seriously considering continuing to hold Bitcoin in the long term because maybe you have put too much affection on Bitcoin so that you still want to hold it all the time without having to sell everything, even though you have seen real profits in front of your eyes. I'm quite motivated by what you're saying because it's really nice when we want to continue to hold Bitcoin for the long term and not oversell, especially when we don't have a sudden need to sell all the Bitcoin we already have.

Quote
There is risk associated with taking profits at every market advantage which is the possible inability to get those bitcoin back at the same value you first buy the bitcoin,  and since bitcoin accumulation is a journey, one needs to apply the same time principle in both the buying and selling point without a rush in both.
The obvious risk here when all the Bitcoins we have is sold is not being able to get those Bitcoins back at the same price they were before. Yes, what you say is very correct because of the fact that the price of Bitcoin always tends to change at any time, although a lower price can still be expected when a big decline occurs. But it also doesn't happen all the time, so everyone needs to have time to be patient if they really want to buy it back at a cheaper price or at almost the same price as what they bought before.
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June 30, 2023, 02:49:22 PM
 #212


Well, let's say that you came to bitcoin in 2018 (so 5 years ago)--- and between 2018 and now you were able to accumulate 4.5 BTC for an average price of around $10,000.... so you could have various price points in which you sell those BTC in 2023 (or maybe at some future date), and if you sell all of your BTC, you may well end up struggling to figure out how to get them back.  Whether you can buy back your BTC at the price that you sold them might be another question... and whether you can invest the value of those sold BTC into something that is equal to or better than BTC is still another question that you will face with levels of uncertainty.
When it comes to taking profits along the DCA line,  one needs to apply a lot of constraints and shouldn't over sold at any point no matter what the price may be or the profits merging on the Bitcoin,  since selling Bitcoin at every possible opportunity only lead to loss of your bitcoin holding, because bitcoin is more fun when it is held for the long term.

There is risk associated with taking profits at every market advantage which is the possible inability to get those bitcoin back at the same value you first buy the bitcoin,  and since bitcoin accumulation is a journey, one needs to apply the same time principle in both the buying and selling point without a rush in both.

I do agree with the idea of incremental selling rather than trying to sell too much at once, and it has been my practice to expect that any time that I sell, I may well not be able to buy those BTC back, so in that regard, my sale levels tend to be so small that they do not constitute a vary large portion of my BTC holdings - in other words, I am selling profits ONLY and ONLY a small portion of the profits.

Let's say for example that I have accumulated 1 BTC, and my average cost per BTC is $10k, so I am sufficiently in profits right now, so if the BTC price goes up from $30k to $33k, I have a 10% price appreciation, and I have $3k of extra profits in there, so maybe I might be willing to take 1% of my holdings off of the table, and I decide to sell 0.01 BTC which is $330, and if the price goes back down below $30k, then maybe I will buy back the .01 BTC that I sold, but if the BTC price never goes back below $30k then I am content to having had sold the 0.01
 BTC amount that I sold at $33k, even if the BTC price then goes up to $40k and never comes back down below $40k - and if the price keeps going up, then probably i will continue to have those kinds of small sales of my BTC, and 1% of my holdings becomes a higher and higher value even though my BTC holdings is continuing to go down little by little. 

Not everyone is in a sufficiently good position to be selling his/her BTC on the way up, and perhaps having 1BTC is not enough to feel that you are able to sell any, and maybe if you have 1 BTC, then you might want to just continue to buy, and don't be thinking about selling any BTC until either you get up to a higher quantity of BTC or BTC prices reach such a level that you are starting to feel o.k. about shaving off some BTC at various price increments on the way up.  Those kinds of threshold considerations (regarding when to sell and how much to authorize yourself to sell) are likely going to be different for each person depending upon his/her personal financial and psychological circumstances.

When it comes to taking profits along the DCA line,  one needs to apply a lot of constraints and shouldn't over sold at any point no matter what the price may be or the profits merging on the Bitcoin,  since selling Bitcoin at every possible opportunity only lead to loss of your bitcoin holding, because bitcoin is more fun when it is held for the long term.
It looks like you are one of those people who are seriously considering continuing to hold Bitcoin in the long term because maybe you have put too much affection on Bitcoin so that you still want to hold it all the time without having to sell everything, even though you have seen real profits in front of your eyes. I'm quite motivated by what you're saying because it's really nice when we want to continue to hold Bitcoin for the long term and not oversell, especially when we don't have a sudden need to sell all the Bitcoin we already have.
There is risk associated with taking profits at every market advantage which is the possible inability to get those bitcoin back at the same value you first buy the bitcoin,  and since bitcoin accumulation is a journey, one needs to apply the same time principle in both the buying and selling point without a rush in both.
The obvious risk here when all the Bitcoins we have is sold is not being able to get those Bitcoins back at the same price they were before. Yes, what you say is very correct because of the fact that the price of Bitcoin always tends to change at any time, although a lower price can still be expected when a big decline occurs. But it also doesn't happen all the time, so everyone needs to have time to be patient if they really want to buy it back at a cheaper price or at almost the same price as what they bought before.

You are free to think about bitcoin however you like Davian144; however to me it appears that your mental framework is not correct... because you seem to want to accumulate BTC, but you believe that selling BTC is a decently acceptable strategy in terms of accumulating more BTC - and I think that is wrong thinking.

Personally, I think that it is way better to merely consider various ways to ongoingly buy BTC until you get to a level of BTC that you believe is sufficient for your circumstances, and sure you can try to time the dip, lump sum buy and DCA, and that is likely a much more assured way to continue to accumulate more and more and more BTC, whether the cost of the BTC is high or low.. after a while (maybe it takes several years?) you are likely to be in profits and perhaps even very good profits, without the risk of fucking around with selling in order to buy back cheaper - which seems a fool's game - especially for anyone who has goals to accumulate BTC - and appreciate that it is valuable to accumulate BTC, even if some of the BTC might cost more than others and even if the dollar value of your BTC holdings might not seem to be going up as quickly as you would like.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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June 30, 2023, 10:07:06 PM
Merited by JayJuanGee (1)
 #213

~~
because bitcoin is more fun when it is held for the long term.
~~
It grows my confidence. I like that sentence. Well, indeed holding Bitcoin makes us more confident in this modern era where this asset is a very valuable asset that will become increasingly scarce in the years to come. I think we should also see a supply of only 21 million which will make us more confident if we hold more Bitcoin.

Well back on topic. Indeed the figure of $100k is a big dream for Bitcoin holders but know when the price reaches $100k, I think if Bitcoin holders don't sell all their BTC holdings because they know that Bitcoin will continue to grow and adoption will be everywhere. If selling everything at $100k then there is no hope for them to sell at $150k. Hold on and don't sell everything, it's better because we also have to use the moment to make a profit, but yes, do it as your belief.

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June 30, 2023, 11:15:10 PM
Merited by JayJuanGee (1)
 #214

Indeed the figure of $100k is a big dream for Bitcoin holders but know when the price reaches $100k, I think if Bitcoin holders don't sell all their BTC holdings because they know that Bitcoin will continue to grow and adoption will be everywhere. If selling everything at $100k then there is no hope for them to sell at $150k. Hold on and don't sell everything, it's better because we also have to use the moment to make a profit, but yes, do it as your belief.

I sure believe that one day Bitcoin will reach $100k, and not every Bitcoiner has it in mind to even sell their holding at that price. In fact, I come across two reputable members here speaking of how long they have held onto their coins and how they don't even have any plans yet on when to sell. I feel happy for them because I believe they have some other things that are fetching them money. That's why they don't really feel the pressure to sell their Bitcoin, and that's a good way to invest in Bitcoin. Some people just invested to hold for the short term, if you must know, some people will even sell their coin if they see Bitcoin trading at $80k. Although in Bitcoin investment there are so serious written and unwritten rules, some people who invest in Bitcoin do so with a target price that they intend to sell off if Bitcoin gets there. Some investors bought Bitcoin last year for $17k, $19k, and $20k, respectively. Some of them have targets to sell for $50k, $60k, $80k, and $100k, respectively. So, it just depends on how the investor has planned their investment. But I still agree with what you said about not selling everything. Even if one has plans to sell when the price is $100k, they can sell some and keep some so that if the price goes higher, they can still have what to sell and make more profit.


Cheers 🥂, Dr.Bitcoin_strange👺👺

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July 01, 2023, 04:14:51 AM
 #215

Bitcoin was at 69k in 2021 but then the price of bitcoin fell so much that by the end of 2022 the bitcoin market was below 20k. But I noticed the year after the halving so the halving is in 2024 but in 2025 the price of bitcoin could hit 100. But I'm happy myself. If Bitcoin price reaches 100K in 2024, who wouldn't be happy? So the higher the price of Bitcoin, the better for us. Of course, past prices are more likely to double in 2024-25 than in 2021.

Whether Bitcoin hits 100K or not, for me is the ride that I am most looking forward to and will go down in history and the skeptics will raise their eyebrows and wonder if Bitcoin will correct again harder and if it will reverse, while watching the price charts, and they said, "I told you so!". For me nothing is impossible..It's like the next door neighbor's taste in music..cheers.

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July 01, 2023, 05:27:49 PM
 #216

Bitcoin was at 69k in 2021 but then the price of bitcoin fell so much that by the end of 2022 the bitcoin market was below 20k. But I noticed the year after the halving so the halving is in 2024 but in 2025 the price of bitcoin could hit 100. But I'm happy myself. If Bitcoin price reaches 100K in 2024, who wouldn't be happy? So the higher the price of Bitcoin, the better for us. Of course, past prices are more likely to double in 2024-25 than in 2021.

Whether Bitcoin hits 100K or not, for me is the ride that I am most looking forward to and will go down in history and the skeptics will raise their eyebrows and wonder if Bitcoin will correct again harder and if it will reverse, while watching the price charts, and they said, "I told you so!". For me nothing is impossible..It's like the next door neighbor's taste in music..cheers.

This year we are still focused on breaking the resistance at $31k after $30k is met, so if $31k breaks then $40k will be easy to reach,
and there is a possibility to try to re-test all time high at $64k, yes hopefully this year,
but I don't I can guarantee because usually bitcoin will reach a new all time high after the halving, so we can wait until 2025.

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July 02, 2023, 05:09:37 AM
Merited by JayJuanGee (1)
 #217

Immediately it is a new ATH I am taking profits straight up
If you planned on taking a profit at the new ATH you should have a good exit strategy to take your profit, implying this kind of strategy below would save you from taking a profit way too soon than supposed, I know how the feelings use to be when you exit the market early, and in some occasions, the market moves up like 2x from your point of exit, I suggest you should try this method while the market has not changed direction, 1st take 25%, 2nd 30%, 3rd 50%, 4th 70% and finally 100% 0f your portfolio.
When it comes to taking profits,  the saddest experience is taking the profits too soon,  I have experience this last week when bitcoin reached 27k+ I quickly took off some profits and within the next few hours,  bitcoin raised to almost 30k and there after a few days Bitcoin touched 31k+ severally and that gave me a lot of bad feelings that hard I known I should have waited a little before taking such steps in taking profits too early.

But would you be upset if bitcoin decreased after you sold it? Bitcoin's rise or fall is unpredictable, so there is no need to be sad when we decide to sell it. As long as it hits your target and makes you profitable, then why be disappointed? Greed plus regret is very easy to make you make mistakes and pay the price in investing, instead, you should have a plan and specific goals for your investment, and be grateful, then life becomes better and more comfortable. Moreover, as long as bitcoin continues to exist, opportunities will always come our way, so there is no reason to regret our decision.

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July 02, 2023, 01:30:01 PM
 #218

Immediately it is a new ATH I am taking profits straight up
If you planned on taking a profit at the new ATH you should have a good exit strategy to take your profit, implying this kind of strategy below would save you from taking a profit way too soon than supposed, I know how the feelings use to be when you exit the market early, and in some occasions, the market moves up like 2x from your point of exit, I suggest you should try this method while the market has not changed direction, 1st take 25%, 2nd 30%, 3rd 50%, 4th 70% and finally 100% 0f your portfolio.
When it comes to taking profits,  the saddest experience is taking the profits too soon,  I have experience this last week when bitcoin reached 27k+ I quickly took off some profits and within the next few hours,  bitcoin raised to almost 30k and there after a few days Bitcoin touched 31k+ severally and that gave me a lot of bad feelings that hard I known I should have waited a little before taking such steps in taking profits too early.
But would you be upset if bitcoin decreased after you sold it? Bitcoin's rise or fall is unpredictable, so there is no need to be sad when we decide to sell it. As long as it hits your target and makes you profitable, then why be disappointed? Greed plus regret is very easy to make you make mistakes and pay the price in investing, instead, you should have a plan and specific goals for your investment, and be grateful, then life becomes better and more comfortable. Moreover, as long as bitcoin continues to exist, opportunities will always come our way, so there is no reason to regret our decision.

I agree with everything that you say DanWalker - but nonetheless, you are framing trading as if it were a prudent approach to bitcoin management, as if it would be prudent for a person to completely sell their BTC at any point in time and to hold such value in dollars (or perhaps some other asset such as real estate, commodities, equities, bonds that are acquired from such BTC sales), and there surely are ways to consider your BTC holdings in such a way that the BTC HODLer is not selling large portions of his/her BTC.. but instead perhaps shaving off some BTC at various price points as the BTC price goes up.. and in that way, there can be greater preparation for the BTC price to go in either direction rather than taking chances in the practice of predicting tops (or the seeming error of valuing wealth in dollars - and a lot of other assets that have relatively strong correlations to dollars - which seems to be both the outcome of selling too much of your BTC too soon and the value of actually holding onto BTC as a so far seemingly non-correlated asset).

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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July 02, 2023, 07:19:36 PM
Merited by JayJuanGee (1)
 #219

But would you be upset if bitcoin decreased after you sold it? Bitcoin's rise or fall is unpredictable, so there is no need to be sad when we decide to sell it. As long as it hits your target and makes you profitable, then why be disappointed? Greed plus regret is very easy to make you make mistakes and pay the price in investing, instead, you should have a plan and specific goals for your investment, and be grateful, then life becomes better and more comfortable. Moreover, as long as bitcoin continues to exist, opportunities will always come our way, so there is no reason to regret our decision.


You know you are right. I know everybody has their own opinion or ideas about managing their Bitcoin investment and taking profit, but personally, I think that before or after Investing in Bitcoin, the investors should have already agreed on a target price at which they will take their profit, so that any time the price of Bitcoin gets to their target, they will just sell off the particular fraction that they have set to sell. The reason for that is that if you don't have any planned price that you want to sell at, even if the price gets to $100k, you might get a bit confused at that moment, thinking either to sell or not, and at that time, your instincts might tell you to pause and wait for the price to get to $120k before you sell. Even after it gets to $120k, your mind will still tell you to wait for $150k, and by the time you are waiting for $150k, it has dipped to $90k (we all know it's possible to see such a dip because Bitcoin price can be very volatile most times), and you will begin to regret and even see yourself as a fool for not just selling at $120k and collecting your profit. That was the reason why I said a Bitcoiner should have the price they wish to sell, so that any time the price comes, they will not have to argue with their instincts.


Also, yesterday I was giving an instant to someone who has 3 bitcoins with a set price on how he wants to sell them, either to sell 1 at $100k first and wait to see how far the market can still go.


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

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July 02, 2023, 08:59:09 PM
 #220

This year we are still focused on breaking the resistance at $31k after $30k is met, so if $31k breaks then $40k will be easy to reach,
and there is a possibility to try to re-test all time high at $64k, yes hopefully this year,
but I don't I can guarantee because usually bitcoin will reach a new all time high after the halving, so we can wait until 2025.
Bitcoin is trying to survive above $30k, it is a good sign when it doesn't drop again below $30k. FYI, in the last few days, BTC has passed $31k but it dropped again to $30k. So, I think it is too early to expect for $40k. I assume it may try to retest to $40k in the last month of Q3. Now, we are still in the early of Q3, so just be patient to wait for $40k.

Not sure whether BTC can retest for $64k this year, the current price still can't reach a half of $64k. Personally, I guess BTC can return to $60k+ again in the next year, it may be close to that price ahead of the Halving schedule. Wait for 2024 to expect the price skyrocket to $60k+ again, it needs a big trigger to pump above $60k again and it surely needs a process, too.


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July 02, 2023, 09:06:28 PM
 #221

Not sure whether BTC can retest for $64k this year, the current price still can't reach a half of $64k. Personally, I guess BTC can return to $60k+ again in the next year, it may be close to that price ahead of the Halving schedule. Wait for 2024 to expect the price skyrocket to $60k+ again, it needs a big trigger to pump above $60k again and it surely needs a process, too.

When we talk about next year, then think of the best fundamental that will support the bullrun the most. Yes, I think the halving is the best fundamental to support price gains over the next year, so I'm not too hesitant to say that $60k may be hit again. I am optimistic that the bitcoin price will go to the moon next year, but we just have to go through a long process if we want to enjoy it.

For July to December 2023, I have doubts about $40k, but let's wait and see what will happen leading up to the halving.

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July 03, 2023, 08:59:26 PM
Merited by JayJuanGee (1)
 #222

For those selling on the way up, I would also consider selling smaller amounts, and never going 100% fiat (which means never going completely out of BTC), even if there might be some who will choose to sell large amounts of their BTC on the way up.

My own personal strategy is to sell ONLY a small percent for each time that the BTC price goes up (so I am selling even less than .5% for every 10% that the BTC price goes up.. .. even though there are some folks who have recommended selling 10% for every 100% that the BTC price goes up, such as in:

Rpietila's (Risto) 2013 Thread entitled:  (SSS) - A Sane and Simple bitcoin Savings plan
Exactly it is not nice to sell all the BTC and empty the coins in your BTC wallet and as that you are not a Bitcoin holder but a Fiat holder on Millionaire or Billionaire. Then later the person would be struggling to buy Bitcoin again and start from the beginning again. Instead as JayJuanGee said, selling a unit to solve the immediate problem is the best way to be a good holder of Bitcoin. Because there are some time that you might need BTC to solve issues online and if you don't have Bitcoin at that time, you would still buy again, to the transaction so it is better you sell small and keep the rest for future use.
I have been a bitcoin Marxist for a while now and up until this point,  I have not sold any of my Bitcoin holding and that os because I have a long-term investment plan and Bitcoin is my sole asset and I know in the next couple of years to come to Bitcoin will still be cheap and affordable but we can say what becomes of Bitcoin in the next 5 - 10 years ahead and if all thos being equal at that time Bitcoin may become a little out of reach for small cash holders.


But if I continue with my current Bitcoin accumulation practice,  at that time when Bitcoin will become out of reach I will be in good profits and at that time I will either sell a little amount and continue to hold the remaining Bitcoin for as long as possible since bitcoin has become my saving mechanism against fiat and it inflation ratio increase yearly.

R


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July 05, 2023, 02:01:44 AM
 #223

For those selling on the way up, I would also consider selling smaller amounts, and never going 100% fiat (which means never going completely out of BTC), even if there might be some who will choose to sell large amounts of their BTC on the way up.

My own personal strategy is to sell ONLY a small percent for each time that the BTC price goes up (so I am selling even less than .5% for every 10% that the BTC price goes up.. .. even though there are some folks who have recommended selling 10% for every 100% that the BTC price goes up, such as in:

Rpietila's (Risto) 2013 Thread entitled:  (SSS) - A Sane and Simple bitcoin Savings plan
Exactly it is not nice to sell all the BTC and empty the coins in your BTC wallet and as that you are not a Bitcoin holder but a Fiat holder on Millionaire or Billionaire. Then later the person would be struggling to buy Bitcoin again and start from the beginning again. Instead as JayJuanGee said, selling a unit to solve the immediate problem is the best way to be a good holder of Bitcoin. Because there are some time that you might need BTC to solve issues online and if you don't have Bitcoin at that time, you would still buy again, to the transaction so it is better you sell small and keep the rest for future use.
I have been a bitcoin Marxist for a while now and up until this point, 

I was a little bit confused by your use of the term "bitcoin Marxist," but when I read further through your post, it seems to me that you meant to say "bitcoin Maximalist" not "bitcoin Marxist."


In other words, you seem to be focusing on bitcoin first, and considering bitcoin as the better of the investments (as contrasted with getting distracted into various cryptos.. or shitcoins... yet in the part quoted from me above, I am trying to refer to trying to engage in practices that do not necessarily involve selling your BTC unless you have reached a certain level of BTC accumulation in which you can comfortably start to feel comfortable selling some of your bitcoin when it reaches certain levels of profit, but still mostly maintaining a lot of your bitcoin stash rather than selling it.

I have not sold any of my Bitcoin holding and that os because I have a long-term investment plan and Bitcoin is my sole asset and I know in the next couple of years to come to Bitcoin will still be cheap and affordable but we can say what becomes of Bitcoin in the next 5 - 10 years ahead and if all thos being equal at that time

Yes... even though profitability is NOT guaranteed, but still if we have a decently long investment timeline, it may well be the case that we are able to profit quite stupendously from a philosophy and practice that largely involves ongoing and persistent stacking of sats.. which are likely to become much more expensive with the passage of time.. especially if we are considering many years down the road, whether that is 5-10 years as you mention or perhaps a bit of a longer timeline, if you are able to have such a potentially longer timeline.

Bitcoin may become a little out of reach for small cash holders.

I believe that it is not good to proclaim that people are not going to be able to buy bitcoin in the future or that they will not be able to afford bitcoin or that bitcoin will not be a good investment in the future. 

It seems that the fact of the matter is that bitcoin is designed to pump forever.. (or go up in value forever), and even though it is likely going to cost more money in the future to buy the same amount of sats that we are able to buy today, it still is quite likely to be available for anyone to buy, even if they are likely going to have to pay more for it in the future as compared with how many sats they are able to purchase today with the same amount of value.

In other words, it is likely always going to be a good thing to invest in bitcoin, whether now or in the future, especially for anyone who happens to be a no coiner or a low coiner, even if it is going to cost more money for them to buy sats the longer that they wait, and sure some people are currently not able to buy BTC because they are too young, they do not have income or maybe they have not been born yet, and those people are still likely going to want to accumulate bitcoin in the future and to attempt to hold bitcoin as compared with other places that they are going to be able to place their value (their time, their energies, their finances).

But if I continue with my current Bitcoin accumulation practice,  at that time when Bitcoin will become out of reach I will be in good profits and at that time I will either sell a little amount and continue to hold the remaining Bitcoin for as long as possible since bitcoin has become my saving mechanism against fiat and it inflation ratio increase yearly.

Those all sound like good plans - because it is quite possible that if you have been accumulating bitcoin for a while, then 5-10 years down the road, you are likely not going to be able to accumulate as many bitcoin as you have already accumulated (or that you are in the process of accumulating currently).  I find that with myself too.. I had accumulated some bitcoin between 2013 and 2017, and I even used to buy bitcoin in 2015 with some extra cashflow that I would get.. for example, I might get some extra cash like $100 that came to me based on some kind of a good that I sold and/or a service that I had provided, and in 2015, I would take that $100 and I would buy $50 worth of bitcoin, and use the other $50 for living expenses.. so that $50 would get me 0.2 BTC (because BTC were around $250 during most of 2015). 

It was not easy for me to buy bitcoin in 2015, because the BTC that I already held (that I mostly bought in 2014) were actually in the negative through much of 2015 (since my average cost per BTC was around $550 through much of 2015), and there were several people (no coiners.. I am not even sure if there was such thing as a low coiner back then... hahahahaha).. telling me to sell some BTC and/or not to buy anymore BTC because they thought that bitcoin was not a good investment and likely to continue to go down in price.  Those people are surely regretting that they did not buy BTC in 2015, and some of them have still not bought bitcoin... so it can take a while for people to figure out that it is good to buy some bitcoin, and if they are skeptical about bitcoin, then maybe they just buy a smaller amount of it, rather than failing/refusing to buy any.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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July 11, 2023, 11:51:01 AM
 #224

For those selling on the way up, I would also consider selling smaller amounts, and never going 100% fiat (which means never going completely out of BTC), even if there might be some who will choose to sell large amounts of their BTC on the way up.

My own personal strategy is to sell ONLY a small percent for each time that the BTC price goes up (so I am selling even less than .5% for every 10% that the BTC price goes up.. .. even though there are some folks who have recommended selling 10% for every 100% that the BTC price goes up, such as in:

Rpietila's (Risto) 2013 Thread entitled:  (SSS) - A Sane and Simple bitcoin Savings plan
Exactly it is not nice to sell all the BTC and empty the coins in your BTC wallet and as that you are not a Bitcoin holder but a Fiat holder on Millionaire or Billionaire. Then later the person would be struggling to buy Bitcoin again and start from the beginning again. Instead as JayJuanGee said, selling a unit to solve the immediate problem is the best way to be a good holder of Bitcoin. Because there are some time that you might need BTC to solve issues online and if you don't have Bitcoin at that time, you would still buy again, to the transaction so you should sell small and keep the rest for future use.
The worst possible approach to DCA is to go all in at 100% because for any sell order, you created someone else is accumulating and as long as you let go of your Bitcoin holding there is the possibility that you may not be able to buy at that price again for a very long uncertain time,  so it is better to continue to hold a higher percentage of your holding in bitcoin and DCA as much as you need to settle the bills.


This is an approach every long-term Bitcoin investor needs to apply in other to arrive at the long-term potential accumulated bitcoins.

R


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July 14, 2023, 02:03:14 AM
 #225

Bitcoin was at 69k in 2021 but then the price of bitcoin fell so much that by the end of 2022 the bitcoin market was below 20k. But I noticed the year after the halving so the halving is in 2024 but in 2025 the price of bitcoin could hit 100. But I'm happy myself. If Bitcoin price reaches 100K in 2024, who wouldn't be happy? So the higher the price of Bitcoin, the better for us. Of course, past prices are more likely to double in 2024-25 than in 2021.
agree with you, everyone wants that bitcoin can reach as predicted in 2021, which is estimated to reach $ 100K even though it doesn't happen and it is possible that bitcoin will be able to do this when the next halving era is over, where maybe the newest ATH will be able to more than that.
because an increase in bitcoin will attract all coins that have a good reputation to also move up, so that those who have been investing in altcoins can also enjoy this increase. based on past experience that has been done by bitcoin which will always repeat the events that have been done where bitcoin always increases when the halving era is over. we will wait for that and hope now to continue adding/buying potential coins so that there is also an opportunity to receive profits.

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July 14, 2023, 11:20:12 PM
Merited by JayJuanGee (1)
 #226

Bitcoin was at 69k in 2021 but then the price of bitcoin fell so much that by the end of 2022 the bitcoin market was below 20k. But I noticed the year after the halving so the halving is in 2024 but in 2025 the price of bitcoin could hit 100. But I'm happy myself. If Bitcoin price reaches 100K in 2024, who wouldn't be happy? So the higher the price of Bitcoin, the better for us. Of course, past prices are more likely to double in 2024-25 than in 2021.
agree with you, everyone wants that bitcoin can reach as predicted in 2021, which is estimated to reach $ 100K even though it doesn't happen and it is possible that bitcoin will be able to do this when the next halving era is over, where maybe the newest ATH will be able to more than that.
because an increase in bitcoin will attract all coins that have a good reputation to also move up, so that those who have been investing in altcoins can also enjoy this increase. based on past experience that has been done by bitcoin which will always repeat the events that have been done where bitcoin always increases when the halving era is over. we will wait for that and hope now to continue adding/buying potential coins so that there is also an opportunity to receive profits.
I dont really have that much interest on looking on other those so known people about speculations and price predictions but this one is really something that within realistic approach.

$BTC: ‘Rich Dad Poor Dad’ Author Predicts Bitcoin Surge to $120K as BRICS Prepares to Launch Gold-Backed Currency
Source

$120k is indeed a realistic price for us to reach on next year 2024 but we cant really tell if it would really be going into certain extent on breaking out those resistances above.
If people would be taking up chances on buying as of this moment then this is the right time on doing so. Dont let ourselves get left behind the train
once again once it do starts on moving forward.

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July 14, 2023, 11:48:17 PM
 #227

For those selling on the way up, I would also consider selling smaller amounts, and never going 100% fiat (which means never going completely out of BTC), even if there might be some who will choose to sell large amounts of their BTC on the way up.

My own personal strategy is to sell ONLY a small percent for each time that the BTC price goes up (so I am selling even less than .5% for every 10% that the BTC price goes up.. .. even though there are some folks who have recommended selling 10% for every 100% that the BTC price goes up, such as in:

Rpietila's (Risto) 2013 Thread entitled:  (SSS) - A Sane and Simple bitcoin Savings plan
Exactly it is not nice to sell all the BTC and empty the coins in your BTC wallet and as that you are not a Bitcoin holder but a Fiat holder on Millionaire or Billionaire. Then later the person would be struggling to buy Bitcoin again and start from the beginning again. Instead, as JayJuanGee said, selling a unit to solve the immediate problem is the best way to be a good holder of Bitcoin. Because there are some times that you might need BTC to solve issues online and if you don't have Bitcoin at that time, you would still buy again, to the transaction so you should sell small and keep the rest for future use.
The worst possible approach to DCA is to go all in at 100% because for any sell order, you created someone else is accumulating, and as long as you let go of your Bitcoin holding there is the possibility that you may not be able to buy at that price again for a very long uncertain time,  so it is better to continue to hold a higher percentage of your holding in bitcoin and DCA as much as you need to settle the bills.

This is an approach every long-term Bitcoin investor needs to apply in other to arrive at the long-term potential accumulated bitcoins.
Taking profit is necessary when Bitcoin has created New ATH,  Yes for me will exist gradually, DCAing out just like the way I DCAed in, and I will make available a portion of my Bitcoin which I'm ok not being touched regardless, and should the price keeps increasing it will be in my favor being that I did not exit the market completely.

R


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July 15, 2023, 09:16:23 AM
 #228

Cryptocurrency market always unpredictable. Any time anything is possible in this market. But my thinking Bitcoin price will increase more and more. Because it’s quantity is limited. But it’s popularity and usability increasing day by day. 2021 Bitcoin price touched $69k. So i think it is possible to hit $100k within 2024. After pandemic bitcoin price huge dumped. Now pump started. I think we are in bull session. And many good news seeing. Recently xrp win against SEC. So i think bitcoin price will increase for this good news. And it will continue this pump train. I strongly believe within 2024 Bitcoin price will touch $100k within next year.

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July 15, 2023, 11:05:08 AM
 #229

No one can predict accurately what the price of bitcoin will be in the future. We can only speculate and of course sometimes these speculations do not fully correspond to reality. If we refer to the bullrun period, especially the previous halving, indeed many people assume or speculate that in 2024 the bitcoin price will reach $100k. However, we should not expect what happened in the past to be the same in the future. Therefore, let's see how far the bitcoin price will go in 2024. Can it reach $100k or only $80k.

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July 15, 2023, 02:05:37 PM
 #230

There are many predictions that make us happy about the future of bitcoin, when there is no big scam case then I'm optimistic that bitcoin will slowly recover, even though currently it's still around $30k but I'm sure the end of the year can reach at least $50k so when the halving day occurs it will it's easy to reach $100k.


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July 25, 2023, 08:47:46 AM
 #231

There are many predictions that make us happy about the future of bitcoin, when there is no big scam case then I'm optimistic that bitcoin will slowly recover, even though currently it's still around $30k but I'm sure the end of the year can reach at least $50k so when the halving day occurs it will it's easy to reach $100k.
it seems that the movement of bitcoin for these months will be corrected and increase when entering the end of the year, in order to prepare for when it will enter the era of the halving period. with the current price in the $30K range, there will be a correction that will not drop below $20K and then increase again until the end of the year in the $40K-$50K range. so that when entering the era of the halving period to reach $ 100K which is expected to occur in 2021 it will be fulfilled and a year later a renewable ATH will be formed.

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July 25, 2023, 10:05:58 AM
 #232

I also think 60K is more realistic. But come on, that was already in 2021 as Dr.BitcoinStrange says.
This year should be more if everything is correct.
I like that you use the statement "should be more" ,how are we going to know that it will be more? Meaning this is all probability still, what will happen if you expect Bitcoin to reach 100k and it only reach like 80k? This is why it's good to start taking profits like when you keep DCA into Bitcoin, start talking profits over time so whatever happens you are going to be in good hands.

An investor with no profit taking plan in a bull market won't make any money even if they have keep accumulating Bitcoin throughout the bear market.

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July 25, 2023, 10:41:31 AM
Merited by JayJuanGee (1)
 #233



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
your question or title is 2024 but you posted in 2023 , but indeed 100k in 2024 is not impossible to happen , we even reached 68k in 2021 why not after halving next year can make it double or even triple of the past ATH?

I am the one of those who trust this market that will bring me another chance to multiply my folio and with bitcoin in my account , there is no way that I will be losing that expectation .

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July 25, 2023, 01:15:48 PM
 #234

I also think 60K is more realistic. But come on, that was already in 2021 as Dr.BitcoinStrange says.
This year should be more if everything is correct.
Despite that this thread has been old and equating the value of Bitcoin now to last year what we experience last you it's more of Bitcoin get positive in value compare to before, what I know is that everything we are discussing now is based on assumption and speculation and Bitcoin might reach sixty thousand in value and if probably it doesn't not meet to reach such value this year definitely with the adoption of bitcoins i think it will experience forty thousand (40k) in value if I'm not mistaken.

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July 25, 2023, 01:49:23 PM
Merited by JayJuanGee (1)
 #235

There are many predictions that make us happy about the future of bitcoin, when there is no big scam case then I'm optimistic that bitcoin will slowly recover, even though currently it's still around $30k but I'm sure the end of the year can reach at least $50k so when the halving day occurs it will it's easy to reach $100k.
Whatever the Halving target will be, I will always feel lucky because in it having a large-scale investment method, there will be various advantages which if put together it is clear that I am quite satisfied. So the problem is not how big the price of the upcoming halving is, but how ready we are for this momentum. If we just say this and that but the implementation doesn't start from now on we will only be spectators.

You believe in ATH Bitcoin, so even the smallest amount must have started a long time ago. Every 4 years while 2023 is the most perfect year for every investor who wants to invest in Bitcoin, both beginners and those who have been in the investment world for a long time. You've also heard about the DCA strategy a lot since I don't care how much Bitcoin is bought, because as long as I can still buy before ATH that's as long as the opportunity is wide open. Every cycle has its ups and downs, but after ATH we seem to be reborn to start investing more than before.

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July 25, 2023, 02:46:48 PM
 #236

There are many predictions that make us happy about the future of bitcoin, when there is no big scam case then I'm optimistic that bitcoin will slowly recover, even though currently it's still around $30k but I'm sure the end of the year can reach at least $50k so when the halving day occurs it will it's easy to reach $100k.
it seems that the movement of bitcoin for these months will be corrected and increase when entering the end of the year, in order to prepare for when it will enter the era of the halving period. with the current price in the $30K range, there will be a correction that will not drop below $20K and then increase again until the end of the year in the $40K-$50K range. so that when entering the era of the halving period to reach $ 100K which is expected to occur in 2021 it will be fulfilled and a year later a renewable ATH will be formed.

When you wrote 2021 above?  Were you referring to 2024?  or another year?  2021 seems to be a mistake.  At this point the halvening is expected to happen around April 2024-- and so the BTC price could go up before the halvening or it could go up after the halvening.. and of course, the BTC price might not go up at all, even though surely the halvening does create some pressures on the current supply issuance getting cut in half... so going from around 900 BTC per day to around 450 BTC per day.

In terms of your assertion about the current BTC price dynamics, why would you expect BTC prices to drop below $20k?  that would be more than 25% below the current 200-week moving average (which is at about $27k) and it is moving up around $14 per day.  Recall that our current low price of BTC for this cycle was $15,479, which was around 35% below the then 200-week moving average of $24k-ish.

Historically it has not been very common for the BTC price to go below the 200-week moving average or to linger below the 200-week moving average for very long.

Sure, there are no absolutes in bitcoin and past performance does not guarantee future performance, but still it seems to be quite wishful-thinking to be expecting BTC prices to go significantly below the 200-week moving average again.. beyond maybe some flash crashes that may or may not end up playing out.

In Bitcoin's history, we frequently have bitcoin bears and/or naysayers waiting for lower BTC prices that do not end up happening.. and some of those guys get reckted as fuck from their either failing to buy BTC and/or their failure to adequately/sufficiently prepare for UP.

Surely some innocent folks get caught up in such fantasy predictions by selling their BTC too.. but probably the more common failure that people can rationalize their missing out of the gains that end up happening, but they did not have many (or any) BTC (or enough) in order to really profit (or be advantaged) by what the BTC price ended up doing, which is going up.

I also think 60K is more realistic. But come on, that was already in 2021 as Dr.BitcoinStrange says.
This year should be more if everything is correct.
I like that you use the statement "should be more" ,how are we going to know that it will be more? Meaning this is all probability still, what will happen if you expect Bitcoin to reach 100k and it only reach like 80k? This is why it's good to start taking profits like when you keep DCA into Bitcoin, start talking profits over time so whatever happens you are going to be in good hands.

An investor with no profit taking plan in a bull market won't make any money even if they have keep accumulating Bitcoin throughout the bear market.

I don't have a problem with taking small profits, such as raking off 10% every time the BTC price goes up 100% - but still there are needs to be careful NOT to sell too many BTC, and also some people hold BTC for several cycles through the UPs and the downs, and those people have profited a lot  - and frequently better than those who are fucking around by getting in and out of BTC and then not having as many BTC as they could have had or should have had if they had a strategy that more stringently focused on accumulation and HODL rather than fucking around with selling and expecting to buy back cheaper and it might not end up happening.


65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
your question or title is 2024 but you posted in 2023 , but indeed 100k in 2024 is not impossible to happen , we even reached 68k in 2021 why not after halving next year can make it double or even triple of the past ATH?

I am the one of those who trust this market that will bring me another chance to multiply my folio and with bitcoin in my account , there is no way that I will be losing that expectation .

Sure 2x or 3x or even 5x-20x seem within reasonable possibilities, and of course, the lower numbers would be more achievable than the higher numbers, even though the higher numbers are not out of the question... even though I do get more nervous to try to measure expectations of future BTC possibilities from top to top, because tops surely can end up being quite erratic - even though historical BTC price tops are valid measurement points, so we could measure from top to top and see that the top to top measurements are mostly going down with the passage of time, but they are not guaranteed to go down for every cycle.. and it is not even guaranteed that we would have a top that is higher than the previous top within a cycle or two, either, since bitcoin still is quite early in its adoption, and we have quite a few large holders of BTC - and maybe some of those larger BTC holders would end up selling some of their BTC if the BTC price goes high enough.. and surely there are BIGGER and BIGGER entrants coming into BTC (and even a variety of financialization tools that can affect the BTC price in either direction), while at the same time, more and more retail (meaning normies) is coming into BTC too.. so each of those new types of entrants contribute to upwards pressures on the BTC price. 

So yeah, I am with you bitterguy28 - considering the top around $100k for the next run seems like quite a whimpy expectation level, and perhaps a lot of whimpy folks will be selling way too much of their BTC way too soon, and what else is new in bitcoinlandia?

We have a lot of bitter no coiners and low coiners in the bitcoin space who sold way too many of their BTC way too soon because they thought that they were the smartest guy in the room, and they might have been correct about their sale for a shorter period of time, until they no longer can buy back their BTC at the price that they sold it for.. Such a thing of selling way too many BTC too soon and failing/refusing to buy back has happened many times in bitcoin, and who knows whether it is going to happen in the same kinds of ways again, or not?

There are many predictions that make us happy about the future of bitcoin, when there is no big scam case then I'm optimistic that bitcoin will slowly recover, even though currently it's still around $30k but I'm sure the end of the year can reach at least $50k so when the halving day occurs it will it's easy to reach $100k.
Whatever the Halving target will be, I will always feel lucky because in it having a large-scale investment method, there will be various advantages which if put together it is clear that I am quite satisfied. So the problem is not how big the price of the upcoming halving is, but how ready we are for this momentum. If we just say this and that but the implementation doesn't start from now on we will only be spectators.

Yes.. exactly.. there are needs to act.. rather than just theorize, and if you act in such a way that is NOT very realistic (such as failing to actually buy BTC in a relatively aggressive way - in the event that you do not have many or any BTC), then you may well end up panicking and/or regretting at a later date... So there likely is a need to study bitcoin enough in order that you can figure out how aggressive that you are able to be without being too aggressive, because no one wants to end up fucking up on a historically great investment (such as bitcoin) because they failed to manage the level of their aggressiveness in a prudent and reasonable way.

You believe in ATH Bitcoin, so even the smallest amount must have started a long time ago. Every 4 years while 2023 is the most perfect year for every investor who wants to invest in Bitcoin, both beginners and those who have been in the investment world for a long time. You've also heard about the DCA strategy a lot since I don't care how much Bitcoin is bought, because as long as I can still buy before ATH that's as long as the opportunity is wide open. Every cycle has its ups and downs, but after ATH we seem to be reborn to start investing more than before.

These are good points too... so yeah, if we have been in bitcoin for a while then we may well have been stacking sats for a while... but if we are newer to bitcoin, then it does seem like it would be a good time to get into BTC - even though no one really knows the future with any kind of level of certainty... so there is a kind of dynamic that they might well end up becoming more bullish about BTC later down the road, after the BTC price runs up for a while - which surely is not as good of a time to be buying bitcoin as now, but people will do what they can, and sometimes get emotional about their failure/refusal to get sufficiently aggressive earlier in the cycle.. such as now.. as compared to later down the road.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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July 25, 2023, 03:19:08 PM
Merited by JayJuanGee (1)
 #237

These are good points too... so yeah, if we have been in bitcoin for a while then we may well have been stacking sats for a while... but if we are newer to bitcoin, then it does seem like it would be a good time to get into BTC - even though no one really knows the future with any kind of level of certainty... so there is a kind of dynamic that they might well end up becoming more bullish about BTC later down the road, after the BTC price runs up for a while - which surely is not as good of a time to be buying bitcoin as now, but people will do what they can, and sometimes get emotional about their failure/refusal to get sufficiently aggressive earlier in the cycle.. such as now.. as compared to later down the road.
And this is where the most interesting point is, when people dare to bet on gambling then why not dare to bet to invest Bitcoin for the future. I always make such comparisons when many people, including family and close relatives, are basically no strangers to the world of investing or getting into the world of gambling. I always challenge them on the strong pretext of Bitcoin, the trick is that they allocate 2 budgets (1 budget for gambling and 1 budget for investment), taking a term every 3 months.

After that we discussed who had survived and who had fallen into the abyss of loss. That's how to motivate my next of kin to be more investment sensitive in this particular way to specialize in Bitcoin. Do you know that for the past year and a half I managed to prove it. LOL

This is only a small part of the evidence where when we are sure and know how important long term investment is as a lesson for others and especially for ourselves so that we can appreciate whatever amount is cultivated since childhood, it will gradually become a pile of beautiful hills.

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July 25, 2023, 03:22:59 PM
Merited by JayJuanGee (1)
 #238

There are many predictions that make us happy about the future of bitcoin, when there is no big scam case then I'm optimistic that bitcoin will slowly recover, even though currently it's still around $30k but I'm sure the end of the year can reach at least $50k so when the halving day occurs it will it's easy to reach $100k.
Whatever the Halving target will be, I will always feel lucky because in it having a large-scale investment method, there will be various advantages which if put together it is clear that I am quite satisfied. So the problem is not how big the price of the upcoming halving is, but how ready we are for this momentum. If we just say this and that but the implementation doesn't start from now on we will only be spectators.

You believe in ATH Bitcoin, so even the smallest amount must have started a long time ago. Every 4 years while 2023 is the most perfect year for every investor who wants to invest in Bitcoin, both beginners and those who have been in the investment world for a long time. You've also heard about the DCA strategy a lot since I don't care how much Bitcoin is bought, because as long as I can still buy before ATH that's as long as the opportunity is wide open. Every cycle has its ups and downs, but after ATH we seem to be reborn to start investing more than before.
This is right, never think too much about the ATH of bitcoin prices while we ignore the investments that should be made from now on, just focus on buying as much bitcoin as possible whatever the method is then that becomes our target, and after that let's see bitcoin's journey towards halving day and see how high the price is.

Simply believe!!! This is the most appropriate year for me to anyone to immediately enter the market and buy bitcoin while still from the previous half ATH, I think investors have long also known that this is a better year to enter bitcoin and beginners should be able to follow the movement of the previous cycle, I think about the analysis of the previous cycle also compared a lot on Twitter, now I will see how big the portfolio will be.

R


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July 25, 2023, 03:51:18 PM
 #239

These are good points too... so yeah, if we have been in bitcoin for a while then we may well have been stacking sats for a while... but if we are newer to bitcoin, then it does seem like it would be a good time to get into BTC - even though no one really knows the future with any kind of level of certainty... so there is a kind of dynamic that they might well end up becoming more bullish about BTC later down the road, after the BTC price runs up for a while - which surely is not as good of a time to be buying bitcoin as now, but people will do what they can, and sometimes get emotional about their failure/refusal to get sufficiently aggressive earlier in the cycle.. such as now.. as compared to later down the road.
And this is where the most interesting point is, when people dare to bet on gambling then why not dare to bet to invest Bitcoin for the future. I always make such comparisons when many people, including family and close relatives, are basically no strangers to the world of investing or getting into the world of gambling. I always challenge them on the strong pretext of Bitcoin, the trick is that they allocate 2 budgets (1 budget for gambling and 1 budget for investment), taking a term every 3 months.

After that we discussed who had survived and who had fallen into the abyss of loss. That's how to motivate my next of kin to be more investment sensitive in this particular way to specialize in Bitcoin. Do you know that for the past year and a half I managed to prove it. LOL

This is only a small part of the evidence where when we are sure and know how important long term investment is as a lesson for others and especially for ourselves so that we can appreciate whatever amount is cultivated since childhood, it will gradually become a pile of beautiful hills.

There can be some real problems if we are comparing the performance of our portfolios in the short term, and for example, there are quite a few people who invested into bitcoin in the last couple of years, and at this time, even if they did not do anything wrong, their portfolios are "barely" getting back into profits, and if they made some mistakes, then they might be even further in the red because of those mistakes.

Even with myself, the first three years of my BTC investment was barely in profits.. so from late 2013 until about late 2016, my BTC portfolio was ONLY of questionable profitability.. ..

Even though I pretty much front-loaded my investment into BTC in 2014 (and my average price per BTC was coming down from $1,200 and down into the $500s), but my BTC holdings were largely in the red (and sometimes more than 50% into the negative) for quite a bit of time in 2015 (even though I continued to buy and people felt sorry for me)... So yeah the BTC price was in the mid-$200s for much of the time in 2015, so by the time 2016 came, my portfolio was starting to feel like it was potentially going to come out of the red and to be less in the red, but it was NOT really unambigously out of the red until late 2016 and early 2017..

Even though on a personal level I was already feeling pretty good about my BTC investment by the time we got into early 2016.. but even then it did not become more clear that BTC prices would break above $500 until May 2016. .and then there were further dabbles with $500 in mid-to-late 2016 and even in early 2017, people (bitcoin bears/naysayers) were talking about BTC "having to correct down to below $500 before they could resume up.. and that correction down to $500 did not happen and did not ever happen, so a lot of the folks relying upon those bearish proclamations got even more reckt than the mostly holders, such as myself, and we know what happened to BTC in 2017 and even the correction in 2018 did not bring BTC prices even close to back to 3 digits, since the lowest we got was in the lower $3ks and that did not even last very long, even though we had a brief bout into the upper $3ks in the March 2020 liquidation event.. perhaps a fluke, but who knows?

So my point is that in the long term you may well be laughing.. but in the short term you might not look so good depending on how things are measured and even if you might have made a few mistakes along the way, too.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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July 25, 2023, 04:22:11 PM
 #240

There are many predictions that make us happy about the future of bitcoin, when there is no big scam case then I'm optimistic that bitcoin will slowly recover, even though currently it's still around $30k but I'm sure the end of the year can reach at least $50k so when the halving day occurs it will it's easy to reach $100k.
I also believe that $100K could be achieved by Bitcoin if there were no big scams in the crypto space that could affect the price of Bitcoin itself in the market. But everyone has seen how the Bitcoin price is currently moving in the market which is still very difficult to make a bigger increase this month so in the next few months Bitcoin still needs a more positive impetus to get closer to the $50K range in the market.

it seems that the movement of bitcoin for these months will be corrected and increase when entering the end of the year, in order to prepare for when it will enter the era of the halving period. with the current price in the $30K range, there will be a correction that will not drop below $20K and then increase again until the end of the year in the $40K-$50K range. so that when entering the era of the halving period to reach $ 100K which is expected to occur in 2021 it will be fulfilled and a year later a renewable ATH will be formed.
Everyone can indeed make estimates and predictions based on the analysis they have, but this will not be easy enough to happen even though the Bitcoin price is still in a range that is not too far from $30K now. But what seems right now is that Bitcoin is still struggling to get close to the $35K range this month which is also almost the end of the month and I still hope for Bitcoin to be able to increase to $35K before the start of next month.

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July 25, 2023, 04:30:12 PM
 #241

No one can predict accurately what the price of bitcoin will be in the future. We can only speculate and of course sometimes these speculations do not fully correspond to reality.

If you well go into the area of discussion here, you will discover that no one is giving a precise rate bitcoin is getting to this coming year 2024, they are just what we perceived coming and have gone through them base on the past records on bitcoin in knowing the rate to how bitcoin skyrockets during and after each successful halving in the past, which indicates that this coming year also will not be an exception as well because bitcoin will taste the value of six digits next halving as if already had $68,000 ATH on record.

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July 25, 2023, 06:11:38 PM
 #242

No one can predict accurately what the price of bitcoin will be in the future. We can only speculate and of course sometimes these speculations do not fully correspond to reality.

If you well go into the area of discussion here, you will discover that no one is giving a precise rate bitcoin is getting to this coming year 2024, they are just what we perceived coming and have gone through them base on the past records on bitcoin in knowing the rate to how bitcoin skyrockets during and after each successful halving in the past, which indicates that this coming year also will not be an exception as well because bitcoin will taste the value of six digits next halving as if already had $68,000 ATH on record.
True, we are not clairvoyants nor are we someone who can come to the future just to know for sure about the price of bitcoin but of course in this case when we refer to history and what has always happened, there is great hope, especially when welcoming halving.
In this condition it is very possible to happen because indeed some of the previous conditions have always been positive so obviously this is the hope for now.
But even so, I will not regret it even though the price in 2024 will still be the same as now because I still have high confidence in bitcoin.
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July 25, 2023, 06:19:41 PM
 #243


After that we discussed who had survived and who had fallen into the abyss of loss. That's how to motivate my next of kin to be more investment sensitive in this particular way to specialize in Bitcoin. Do you know that for the past year and a half I managed to prove it. LOL

In this case sometimes there will be some conditions that might be the worst case scenario when it comes to short-term investments but when it comes to gambling then obviously I totally agree with you.
This is a way that seems quite odd but indeed as you say this can be motivating even though in the end when the comparison occurs bitcoin still cannot develop in a better direction (because it is short-term) but of course we also know this will be more worth it when compared to gambling in the same initial capital conditions and the same time vulnerability.

This will have some possibilities to make families realise and motivate them that bitcoin is worth it.
Although surely when talking about gambling it will not be easy to just let go but at least with things like this they will be more literate in seeing bitcoin.

R


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July 25, 2023, 09:08:02 PM
 #244

There can be some real problems if we are comparing the performance of our portfolios in the short term, and for example, there are quite a few people who invested into bitcoin in the last couple of years, and at this time, even if they did not do anything wrong, their portfolios are "barely" getting back into profits, and if they made some mistakes, then they might be even further in the red because of those mistakes.

Even with myself, the first three years of my BTC investment was barely in profits.. so from late 2013 until about late 2016, my BTC portfolio was ONLY of questionable profitability.. ..

Even though I pretty much front-loaded my investment into BTC in 2014 (and my average price per BTC was coming down from $1,200 and down into the $500s), but my BTC holdings were largely in the red (and sometimes more than 50% into the negative) for quite a bit of time in 2015 (even though I continued to buy and people felt sorry for me)... So yeah the BTC price was in the mid-$200s for much of the time in 2015, so by the time 2016 came, my portfolio was starting to feel like it was potentially going to come out of the red and to be less in the red, but it was NOT really unambigously out of the red until late 2016 and early 2017..

Even though on a personal level I was already feeling pretty good about my BTC investment by the time we got into early 2016.. but even then it did not become more clear that BTC prices would break above $500 until May 2016. .and then there were further dabbles with $500 in mid-to-late 2016 and even in early 2017, people (bitcoin bears/naysayers) were talking about BTC "having to correct down to below $500 before they could resume up.. and that correction down to $500 did not happen and did not ever happen, so a lot of the folks relying upon those bearish proclamations got even more reckt than the mostly holders, such as myself, and we know what happened to BTC in 2017 and even the correction in 2018 did not bring BTC prices even close to back to 3 digits, since the lowest we got was in the lower $3ks and that did not even last very long, even though we had a brief bout into the upper $3ks in the March 2020 liquidation event.. perhaps a fluke, but who knows?

So my point is that in the long term you may well be laughing.. but in the short term you might not look so good depending on how things are measured and even if you might have made a few mistakes along the way, too.
A very impressive description of the investment journey that you took from 2013 to the present and even entering 1 decade in 2023. Indeed, there were many obstacles but you made it through, even today you have reached a milestone in investment because it has been 10 years. I suspect that many of them have experienced the same thing, but surviving for 10 years in investing is quite difficult for some people.

Many of us would like to see BTC above $100k in the next year, although it may be quite difficult to happen but there is a good chance BTC price will reach $100k in the coming years. We just need to be patient and accumulate BTC over the year to reach our dream once the BTC price hits $100k.

For this reason, we only have to overcome an obstacle, which is to fight against the desire for profit. Because after all it becomes an obstacle that does not have to be in our records.  therefore a great hope will continue to grow to continue to buy until one day we can have BTC in our portfolio at a price of $100k at some point in the future.

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July 26, 2023, 01:12:04 AM
Merited by JayJuanGee (1)
 #245


your question or title is 2024 but you posted in 2023 , but indeed 100k in 2024 is not impossible to happen , we even reached 68k in 2021 why not after halving next year can make it double or even triple of the past ATH?

I am the one of those who trust this market that will bring me another chance to multiply my folio and with bitcoin in my account , there is no way that I will be losing that expectation .

So yeah, I am with you bitterguy28 - considering the top around $100k for the next run seems like quite a whimpy expectation level, and perhaps a lot of whimpy folks will be selling way too much of their BTC way too soon, and what else is new in bitcoinlandia?

I may consider selling sad to say mate , but not as much as others will , there is something that I wanted to buy and that had been my target plan since I started Holding my bitcoins and that will happen if bitcoin reached 6 digits, but this is just small percentage of my Holdings as I know that there are more way to come for our precious bitcoin.
i have several mistakes from the past bullrun so i will never do the same this time.
as i don't wanna blame my stupidity like what i did in the last 2 bull market.
but thanks for being with me here and to all of us who will support completely this market.

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July 26, 2023, 10:54:01 AM
Merited by JayJuanGee (1)
 #246

There can be some real problems if we are comparing the performance of our portfolios in the short term, and for example, there are quite a few people who invested into bitcoin in the last couple of years, and at this time, even if they did not do anything wrong, their portfolios are "barely" getting back into profits, and if they made some mistakes, then they might be even further in the red because of those mistakes.

Even with myself, the first three years of my BTC investment was barely in profits.. so from late 2013 until about late 2016, my BTC portfolio was ONLY of questionable profitability.. ..

I forgot not to explain the detailed duration, that here is once every 3 months does not mean that the comparison is seen from the profit after sale. The point is only as a holder per 3 months and comparing the results of people who bet.


Despite all that, I understand that the short time above is still not enough to prove a big profit, even if you have a not-so-good cycle. But the fact is we stick to the bitcoin trust. Even though we are often disappointed when we see market conditions that are in the red, it is extraordinary for us, generally investors, who know the potential for a bear market, to be able to give a little breath in the future. We and some people still have that hope that for the next 5 years bitcoin can still be profitable.
This will have some possibilities to make families realise and motivate them that bitcoin is worth it.
Although surely when talking about gambling it will not be easy to just let go but at least with things like this they will be more literate in seeing bitcoin.
In the first few months they will embark on a painful journey, doubting, feeling the decisions they have taken are wrong and blaming others for giving them the doctrine. But that's a normal mental condition and the more we persist the more it forms a habit to accept reality. That's the momentum holding Bitcoin, and for anyone to experience it in ways and conditions that always feel guilty.

Therefore, I do not let go of what has become my responsibility, by continuing to convince them, giving directions after directions so that they get used to not responding to mainstream news that tries to bring down the grip. As we know, a family that tries the investment world will expect more profits than it should.

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July 26, 2023, 03:11:38 PM
 #247



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

Because of the Bitcoin halving for sure it is going to be a potential 100k$ but in the past pump of Bitcoin, we cannot expect a big pump right after the halving so I assume that the Bullrun is going to happen around 2024-2025, or possible could be at the end of 2024, Bitcoin is already on a big momentum in the market and it's already getting started to slow gain its momentum in the market, from the last drop around 15k$ we already see it reach 31k$ in the past week which is a very good sign that we are on the right track on Bitcoin halving, it is only the matter of time, were just gonna need a catalyst something like Bitcoin halving to trigger the market is for sure institutions, companies, etc, is going to start buying bitcoin as well. To reach 100k$ were gonna need a huge amount of money to be poured into cryptocurrency or Bitcoin we could trigger that after the Bitcoin halving since a lot of people are gonna want to get a piece of that Bitcoin, also compared to the past years and months Bitcoin adaptation already skyrockets and we are well promoted to a lot of countries and already adapted by even bank platforms so Im expecting that is it going to be a huge pump compared to the last all-time high.

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July 26, 2023, 04:47:09 PM
 #248

I also think 100k won't be until 2025 at the earliest, because no one knows at what price the bull run will start. Maybe before the halving the price will fall hard again like it did in 2020. Then 100k will definitely not happen quickly. If the cycle does repeat, it will take some time for the price to start rising after the halving.

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July 26, 2023, 05:02:09 PM
Merited by bitterguy28 (1)
 #249

your question or title is 2024 but you posted in 2023 , but indeed 100k in 2024 is not impossible to happen , we even reached 68k in 2021 why not after halving next year can make it double or even triple of the past ATH?

I am the one of those who trust this market that will bring me another chance to multiply my folio and with bitcoin in my account , there is no way that I will be losing that expectation .
So yeah, I am with you bitterguy28 - considering the top around $100k for the next run seems like quite a whimpy expectation level, and perhaps a lot of whimpy folks will be selling way too much of their BTC way too soon, and what else is new in bitcoinlandia?
I may consider selling sad to say mate , but not as much as others will , there is something that I wanted to buy and that had been my target plan since I started Holding my bitcoins and that will happen if bitcoin reached 6 digits, but this is just small percentage of my Holdings as I know that there are more way to come for our precious bitcoin.
i have several mistakes from the past bullrun so i will never do the same this time.
as i don't wanna blame my stupidity like what i did in the last 2 bull market.
but thanks for being with me here and to all of us who will support completely this market.

Yes.. it is up to you whether you sell 25%, 50%, 75%, 90%, 100% or some other amount - and many times it is not wise to sell 100%, even when you consider that there are pretty strong odds that you are at the top.

I personally don't expect to sell more than 50% at any one price location - absent some really strong worldly happenings - and really, I am at such a point in my bitcoin holdings management that I am more driven by considering various expenses that I might have rather than trying to insure for volatility risk--- even though many members have likely already heard that I have had an ongoing practice of selling around 1% of my BTC for every 10% that the BTC price goes up .. and I started such practice when bitcoin was in the upper $500-ish price range.. and surely these days, I believe that I am selling less than 0.5% for every 10% that the BTC price goes up.. as a kind of BTC portfolio management that makes it more easy to never run out of either bitcoin or cash. 

Part of my "issue" was that in late 2014, I had come to the decision that my BTC accumulation target was going to be around 10% of the size of my then quasi-liquid investment portfolio, and I had largely met that 10% target by the end of 2014 - however, since 2015 was mostly a down (or flat year) for Bitcoin, I ended up continuing to invest into bitcoin throughout 2015 (even though I also had some cashflow issues in 2015 that interfered with how much I was able to invest into bitcoin), and by the end of 2015, my investment into bitcoin had largely gotten to about 13.5% of my quasi-liquid investment portfolio, and because I had overinvested in bitcoin, I found it justifiable to sell small amounts of BTC on the way up.. and I created various formulas that largely allowed me to sell parts of my holdings for as low of prices as $250 based on the BTC being in profits, and even thought the totality of my BTC holdings were not in profits until the BTC price would have been over $500, but the ability to sell some small amounts of BTC based on my formulas were based on some of my BTC being in profits that I had bought in the $200 prices in 2015 and at other price points below $500. 

So I had a variety of formulas and even projections regarding what I would do at various price points as the BTC price went up, and largely my tweaking along the way ended up changing what I actually did at a later time as compared to what I had been projecting that I was going to do.. so for example, I recall that my early to mid 2016 projections had me selling up to 40% of my BTC stash at various points along the way if the BTC prices went up to $10k, but the reality of the matter was that when BTC prices shot up to $19,666 in 2017, I had only sold somewhere in the ballpark of 10% to 15% of what would have been the size of my early 2016 BTC holdings.

There are ways to project out what you are going to do, and I don't have any problems with that, and there are ways to tweak your plan along the way, without necessarily failing/refusing to "do the right thing," and being able to live with both your attempts to follow your earlier trajectory while at the same time allowing the facts and developments to guide you into plans that follow how the facts are evolving rather than what they are theorized to be in the earlier trajectories.. and surely some guys might end up having regrets about holding onto more of their BTC than they wished they would have had held onto, especially when the BTC price ends up dipping anywhere between 70% and 85% from the high points... so there are choices and trade-offs in regards to attempting to carry out any plan (including deciding whether or not it would be good to tweak such plan at various points along the way).

There can be some real problems if we are comparing the performance of our portfolios in the short term, and for example, there are quite a few people who invested into bitcoin in the last couple of years, and at this time, even if they did not do anything wrong, their portfolios are "barely" getting back into profits, and if they made some mistakes, then they might be even further in the red because of those mistakes.

Even with myself, the first three years of my BTC investment was barely in profits.. so from late 2013 until about late 2016, my BTC portfolio was ONLY of questionable profitability.. ..
I forgot not to explain the detailed duration, that here is once every 3 months does not mean that the comparison is seen from the profit after sale. The point is only as a holder per 3 months and comparing the results of people who bet.

Despite all that, I understand that the short time above is still not enough to prove a big profit, even if you have a not-so-good cycle. But the fact is we stick to the bitcoin trust. Even though we are often disappointed when we see market conditions that are in the red, it is extraordinary for us, generally investors, who know the potential for a bear market, to be able to give a little breath in the future. We and some people still have that hope that for the next 5 years bitcoin can still be profitable.

I think that also part of my point was that if I had compared the performance of my BTC investment between late 2013 and late 2016, I would have been looking like a loser for most of that time, and the superiority of my choices to allocate (and overly allocate) into BTC did not really start to show themselves until very late 2016 and early 2017, and then even with the correction in 2018 and other crash correction in 2020, my choices to allocate into BTC still had 5x to 50x better performance than the best of my peers.. and of course, BTC has been volatile, but it still likely takes a long before it shows its superiority - including that there is likely quite a bit of ambiguity in last few years, too... so it may well be easy to get distracted when showing short term performances... and many times even with other choices in life, the compounding effects likely start to show themselves 5-10 years down the road.. or even longer than that in several cases.

To reach 100k$ were gonna need a huge amount of money to be poured into cryptocurrency or Bitcoin we could trigger that after the Bitcoin halving since a lot of people are gonna want to get a piece of that Bitcoin, also compared to the past years and months Bitcoin adaptation already skyrockets and we are well promoted to a lot of countries and already adapted by even bank platforms so Im expecting that is it going to be a huge pump compared to the last all-time high.

I doubt that there is a need for " huge amount of money to be poured into bitcoin" (fuck shitcoins) in order for BTC's price to go up considerably to $100k and beyond..

Sure if the BTC price is going to reach $1 million in this cycle, then maybe in that case a "huge mount of money" might need to be poured into it in order to reach $1 million per BTC... perhaps? perhaps?  but even $1million per bitcoin is merely double the market cap of gold, and many of us already recognize and appreciate that bitcoin is likely in the neighborhood of 1,000x better than gold, but it still could take 50 to 200 years before bitcoin reaches 1,000x gold's market cap.  Not easy to know about some of these kinds of adoption matters and also the various likely ongoing battles along the way.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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July 26, 2023, 05:30:26 PM
 #250

I also think 100k won't be until 2025 at the earliest, because no one knows at what price the bull run will start. Maybe before the halving the price will fall hard again like it did in 2020. Then 100k will definitely not happen quickly. If the cycle does repeat, it will take some time for the price to start rising after the halving.
If the Halving Bitcoin has a price of more than $ 60K, for the price of decline after Halving must fall at the price of $ 40K- $ 50k if the macro ecnomy states good growth, I try to assume it, then then $ 100k can be possible to be achieved By Bitcoin.

But yes, if re -considering with the situation today is still like this, I also think it will be very difficult Bitcoin to reach the price level that high, 2025 is normal and following the 4 -year Bitcoin cycle is the target of the same time for the formation of a new ATH.
But if you think and calculated continuously it will make you dizzy, the mindset that I instill is, no matter when bullrun is when it happens and does not care when Bitcoin touches Bitcoin to its highest level, for sure for me is to keep accumulating Bitcoin today , because this is still a fairly large discount from the previous highest price.

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July 27, 2023, 01:49:36 AM
Merited by JayJuanGee (1)
 #251

your question or title is 2024 but you posted in 2023 , but indeed 100k in 2024 is not impossible to happen , we even reached 68k in 2021 why not after halving next year can make it double or even triple of the past ATH?

I am the one of those who trust this market that will bring me another chance to multiply my folio and with bitcoin in my account , there is no way that I will be losing that expectation .
So yeah, I am with you bitterguy28 - considering the top around $100k for the next run seems like quite a whimpy expectation level, and perhaps a lot of whimpy folks will be selling way too much of their BTC way too soon, and what else is new in bitcoinlandia?
I may consider selling sad to say mate , but not as much as others will , there is something that I wanted to buy and that had been my target plan since I started Holding my bitcoins and that will happen if bitcoin reached 6 digits, but this is just small percentage of my Holdings as I know that there are more way to come for our precious bitcoin.
i have several mistakes from the past bullrun so i will never do the same this time.
as i don't wanna blame my stupidity like what i did in the last 2 bull market.
but thanks for being with me here and to all of us who will support completely this market.

Yes.. it is up to you whether you sell 25%, 50%, 75%, 90%, 100% or some other amount - and many times it is not wise to sell 100%, even when you consider that there are pretty strong odds that you are at the top.
actually it is 10-20% of my total funds that I was planning but depend on how much bitcoin will reach to cover my target amount to take out , hope it will be lower percentage than that.
Quote
I personally don't expect to sell more than 50% at any one price location - absent some really strong worldly happenings - and really, I am at such a point in my bitcoin holdings management that I am more driven by considering various expenses that I might have rather than trying to insure for volatility risk--- even though many members have likely already heard that I have had an ongoing practice of selling around 1% of my BTC for every 10% that the BTC price goes up .. and I started such practice when bitcoin was in the upper $500-ish price range.. and surely these days, I believe that I am selling less than 0.5% for every 10% that the BTC price goes up.. as a kind of BTC portfolio management that makes it more easy to never run out of either bitcoin or cash.  
for that I truly admire you , carrying to sell that very small amount from your folio? you seem to be completely financial stable at all cost of living  Grin Wink

but me that have just enough to sustain daily living (with small extra to invest for Bitcoin and for emergency cases) i rely more on my crypto funds for my better future.
Quote
Part of my "issue" was that in late 2014, I had come to the decision that my BTC accumulation target was going to be around 10% of the size of my then quasi-liquid investment portfolio, and I had largely met that 10% target by the end of 2014 - however, since 2015 was mostly a down (or flat year) for Bitcoin, I ended up continuing to invest into bitcoin throughout 2015 (even though I also had some cashflow issues in 2015 that interfered with how much I was able to invest into bitcoin), and by the end of 2015, my investment into bitcoin had largely gotten to about 13.5% of my quasi-liquid investment portfolio, and because I had overinvested in bitcoin, I found it justifiable to sell small amounts of BTC on the way up.. and I created various formulas that largely allowed me to sell parts of my holdings for as low of prices as $250 based on the BTC being in profits, and even thought the totality of my BTC holdings were not in profits until the BTC price would have been over $500, but the ability to sell some small amounts of BTC based on my formulas were based on some of my BTC being in profits that I had bought in the $200 prices in 2015 and at other price points below $500.  
yet those are best decision as what we are seeing in bitcoin price now , wondering  how much is your total profit as this we speak lol



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July 27, 2023, 02:26:28 AM
Merited by JayJuanGee (1)
 #252



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
If you can manage to keep your funds till whole time of 2024 then you will celebrate with us then but if you are just posting this but not willing to Keep holding , then there is nothing waits for you when we finally break that 100k , since 2017 , this has been a dream for every bitcoiner to see that range so if we are blessed that the bull will serve us what we are waiting , then indeed that 2024 will be the year  But it is not the Final Bullrun that you are calling , because that is just
 another Bullrun of many to come , trust Bitcoin and you will see what this can bring you









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July 27, 2023, 03:57:17 AM
 #253



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
Bitcoin's volatility has spawned various speculations about its future price, at least until the close of 2023 at the earliest. What if I think maybe a Final bullrun at 150K, anyone can speculate based on the level of confidence in the potential generated by Bitcoin in the future. Then what have you prepared to welcome the bullrun, of course it will be very helpful to increase the number of your wealth list if you have collected Bitcoin little by little before the moon shines again. Logic that can't be denied, investors who already own Bitcoin will certainly expect Bitcoin to reach its highest price soon.

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July 27, 2023, 04:54:50 AM
 #254

If bitcoin follows the current market history then there's a possibility that we will see it increase threefold like what it did last bullrun so there's a possibility that bitcoin will go more than just a 100k but I could be wrong though, I don't know where you got your notion that 2024 is going to be the last bullrun because afaik there's still a lot of bitcoin yet to be mined.
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July 27, 2023, 06:45:45 AM
Merited by JayJuanGee (1)
 #255



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
Bitcoin's volatility has spawned various speculations about its future price, at least until the close of 2023 at the earliest. What if I think maybe a Final bullrun at 150K, anyone can speculate based on the level of confidence in the potential generated by Bitcoin in the future. Then what have you prepared to welcome the bullrun, of course it will be very helpful to increase the number of your wealth list if you have collected Bitcoin little by little before the moon shines again. Logic that can't be denied, investors who already own Bitcoin will certainly expect Bitcoin to reach its highest price soon.

I do not expect such a price increase for the end of this year. There will be corrections and Bitcoin's rise will be gradual. This form of ascension also means that it rises with firmer steps. There will always be speculations, but prices like 100k 150k are very high. We will go up to these prices, but it is still early.

What we need to do is collect as many Bitcoins as needed before reaching the Bitcoin target. We're talking about time, but no one knows how soon Bitcoin will rise. That's why we should increase the amount of Bitcoin we have at every opportunity.
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July 28, 2023, 02:01:04 AM
 #256

your question or title is 2024 but you posted in 2023 , but indeed 100k in 2024 is not impossible to happen , we even reached 68k in 2021 why not after halving next year can make it double or even triple of the past ATH?

I am the one of those who trust this market that will bring me another chance to multiply my folio and with bitcoin in my account , there is no way that I will be losing that expectation .
So yeah, I am with you bitterguy28 - considering the top around $100k for the next run seems like quite a whimpy expectation level, and perhaps a lot of whimpy folks will be selling way too much of their BTC way too soon, and what else is new in bitcoinlandia?
I may consider selling sad to say mate , but not as much as others will , there is something that I wanted to buy and that had been my target plan since I started Holding my bitcoins and that will happen if bitcoin reached 6 digits, but this is just small percentage of my Holdings as I know that there are more way to come for our precious bitcoin.
i have several mistakes from the past bullrun so i will never do the same this time.
as i don't wanna blame my stupidity like what i did in the last 2 bull market.
but thanks for being with me here and to all of us who will support completely this market.
Yes.. it is up to you whether you sell 25%, 50%, 75%, 90%, 100% or some other amount - and many times it is not wise to sell 100%, even when you consider that there are pretty strong odds that you are at the top.
actually it is 10-20% of my total funds that I was planning but depend on how much bitcoin will reach to cover my target amount to take out , hope it will be lower percentage than that.

Of course, you can plot out various scenarios, and even though some of us might be selling BTC every $2,500 that the BTC price goes up, others might have smaller increments and others might have larger increments, and of course, the increments should actually get larger as the BTC price goes up based on percentage considerations.

So for example, you could have sell orders planned for $85k-ish 95k-ish, $125k-ish, $145k-ish  $185k-ish, $245k-ish and perhaps at some other locations.. and some of those could be set in advance - even though if you do not have very many of them, they can be set up manually when the price starts to approach those kinds of price ranges... and the total amount of sales (in terms of what the percentage is) could be in either direction.. and if you are kind of inclined to error on the side of selling less, then you can project out those prices and see what it looks like if you were to take a more aggressive selling approach as compared with taking a whimpier approach (and I don't mean whimpy to be denigrating..)

Of course, if you project out the range that shows more aggressive versions and whimpier versions, then you could surely end up pulling the trigger somewhere in the middle or maybe you do end up carrying out the whimpier version, but you likely will feel better if you think through it in advance and you realize that you have already accepted that you need to do something and the whimpier approach would be an easier threshold to cross as compared with the more aggressive approach might be harder to execute, even if you at least see what it looks like on paper (when you project it out).

My sell increments now are about every $1k, and
about every $1,500 for BTC prices between $40k and $55k,
then about every $2,000 for BTC prices between $55k and $70k,
then about every $3,000 for BTC prices between $70k and $100k,
then about every $3,300 for BTC prices between $100k and $120k, and
then about every $5,000 for BTC prices between $120k and $150k.

I have not established sell orders above $150k - but you can see the pattern that I already have, and you might well realize that I prefer the employment of a kind of incrementalism, but hey I have already been over-allocated in BTC ever since 2015.. and it is not like I sold very many along the whole way, even though I have a systemic practice of selling small amounts .. that allows me to feel a bit better when the BTC price seems to inevitably correct.. and sure, my increments and spreads have gotten larger throughout the years.. both in terms of quantity and also in terms of percentages, too.  In other words, my orders are filling quite a bit less frequently than they did when i first started, yet at the same time, I do sometimes end up reverting back to tighter buy and sell orders, especially in recent times with what I considered to be a surprise and somewhat unprecedent amount of correction that took BTC prices so far below the 200-week moving average that caused me to get more involved in my buy/sell orders than I had previously thought that I would be.

I personally don't expect to sell more than 50% at any one price location - absent some really strong worldly happenings - and really, I am at such a point in my bitcoin holdings management that I am more driven by considering various expenses that I might have rather than trying to insure for volatility risk--- even though many members have likely already heard that I have had an ongoing practice of selling around 1% of my BTC for every 10% that the BTC price goes up .. and I started such practice when bitcoin was in the upper $500-ish price range.. and surely these days, I believe that I am selling less than 0.5% for every 10% that the BTC price goes up.. as a kind of BTC portfolio management that makes it more easy to never run out of either bitcoin or cash.  
for that I truly admire you , carrying to sell that very small amount from your folio? you seem to be completely financial stable at all cost of living  Grin Wink

Of course, I am a bit older than many of the folks in these parts (not everyone, but many), and so when I got into BTC in late 2013, I had already spent quite a bit more than 20 years building an investment portfolio.. so by the time I got into bitcoin, I had funds that were already pretty sufficient to sustain me.. but part of my goal was to be able to attempt to match the size of my various other investments (especially my 401k) with my BTC investments, but I thought that it might end up taking 10-20 years before my BTC investment might reach the same size as  the majority of my other investments; however, even though I made some mistakes in bitcoin, my BTC holdings largely ended up coming close to parity of the size of my other investments in early to mid-2017 depending upon how the measurements are made.. and even when BTC went up in late 2017 and corrected back down in late 2018, my BTC investment still largely remained of a value that was quite a bit higher than all of my other investments. so with BTC I pretty much reached my investment goal (in terms of dollar value) within less than 4 years, and a lot of that were bonuses and icing on the cake.. because I did not structure my investment into BTC in any kind of a way that I felt that I had to get those kinds of outrageously high returns.  Largely I hoped that my BTC would at least appreciate around 5% to 6% per year, which had been my historical average with my other investments over the previous 20 years, so I did not feel that I had any kind of a problem to continue to get on average around 5% or 6% per year with some down years and some up years but still averaging out to be around 5%/6%.

Of course, we can look back and see that bitcoin may well have gotten around 2x every year - even though I consider with some of my various mistakes along the way, I am really only counting a return of about 75% per year.. .. and maybe I am not really calculating very accurately, but I don't really care that much.  I mean the fact of the matter is that I started out with some BTC average prices of around $1k, but then I got my average down to below $500 per BTC, but then I made mistakes, and so I like to consider my current average cost per BTC to still be around $1k.. and using $1k per BTC makes it easier to calculate that my BTC holdings had gotten to 69x in late 2021, but corrected back down to 15.5x in late 2022, and currently are around 29x.. and so fucking what that they were volatile, they are still way up as compared with anything else that I hold..

Maybe on average all of my other non-BTC investments (traditional investments such as equities, property, commodities and cash equivalents) might have doubled in value between 2013 and 2023.. but my BTC did a 29x.. so that no matter how you slice it, the BTC is way out performing any other investments, and I really do not expected that there is any kind of strong case that BTC prices are going to correct further from here.. but even if they do, so what?  I still have a pretty strong cushion, just like anyone else who has been in bitcoin for a decently amount of time and who have been mostly erroring in on the side of holding and accumulating and maybe just selling relatively small amounts of BTC when BTC prices go up.. which they seem to have a lot of good chances to continue to go up.. in this cycle and in future cycles.
 
but me that have just enough to sustain daily living (with small extra to invest for Bitcoin and for emergency cases) i rely more on my crypto funds for my better future.

Even though your selling plan does sound pretty conservative, maybe you are not really in a place to sell very much of your BTC?  I don't know.  You have to decide whether it is worth it or not, and if you planned strategy is a good one or if there might be some way that you might be able to tweak your strategy.

And my the way, your use of the word "crypto" bothers me.  Fuck shitcoins.  I hope that you are not distracted and diluting your funds, your energy and your brain power with nonsense scams.. because it seems like a BIG waste of time, and all of my shitcoin holdings are less than one percent of my total crypto investment, so currently I have about 0.62% of my total crypto portfolio in shitcoins, about 2.2% in cash and about 97.18% in bitcoin.... and in my overall investment portfolio, right around 75% is in crypto (including the cash that I have dedicated in that), and therefore 25% is in non-BTC assets, such as stocks index funds, property, cash equivalents like bonds and commodities...   Even if my BTC were to go to zero, my non-BTC assets are enough to allow me to sustain my standard of living (of course, I live a bit better because of bitcoin).. but I have enough to pay my expenses without my bitcoin investment... which was largely the case when I started investing into bitcoin, I ONLY invested extra into BTC.. I did not really take away from my already existing investments in order to invest into bitcoin, even though I mostly stopped adding to my non-bitcoin investments...except for some real property acquisitions.
 
Part of my "issue" was that in late 2014, I had come to the decision that my BTC accumulation target was going to be around 10% of the size of my then quasi-liquid investment portfolio, and I had largely met that 10% target by the end of 2014 - however, since 2015 was mostly a down (or flat year) for Bitcoin, I ended up continuing to invest into bitcoin throughout 2015 (even though I also had some cashflow issues in 2015 that interfered with how much I was able to invest into bitcoin), and by the end of 2015, my investment into bitcoin had largely gotten to about 13.5% of my quasi-liquid investment portfolio, and because I had overinvested in bitcoin, I found it justifiable to sell small amounts of BTC on the way up.. and I created various formulas that largely allowed me to sell parts of my holdings for as low of prices as $250 based on the BTC being in profits, and even thought the totality of my BTC holdings were not in profits until the BTC price would have been over $500, but the ability to sell some small amounts of BTC based on my formulas were based on some of my BTC being in profits that I had bought in the $200 prices in 2015 and at other price points below $500.  
yet those are best decision as what we are seeing in bitcoin price now , wondering  how much is your total profit as this we speak lol

I think that I answered this.  I would like to estimate my profit levels to be something like 29X.... since I like to use $1k as my average cost per BTC.. and it is somewhat easier to calculate and to estimate it by using that kind of a ballpark number... which I think it is a fair representation.


65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
If you can manage to keep your funds till whole time of 2024 then you will celebrate with us then but if you are just posting this but not willing to Keep holding , then there is nothing waits for you when we finally break that 100k , since 2017 , this has been a dream for every bitcoiner to see that range

hahahahaha.

I don't think so.

In 2017, many bitcoiners were dreaming for $10k, and then quite a few of them did not know what to when the dream was reached and surpassed.  In 2017, I had actually thought that $3k to $5k would be the top, even though sure, I did not sell very many BTC even when BTC prices shot way past $5k and did another 4x after that.

The dream and common expectation of $100k did not really come until the next cycle.. and maybe sure 2019/2020 and 2021.. with 2021 really focusing on that number.. including the influence of Stock to flow.. and surely those stock to flow ideas including easily surpassing $100k were not unrealistic, but they just did not end up happening, as we know.. and currently, it seems to be quite whimpy to be focusing on $100k or even thinking that $100k will be the top.. even though sure, there are no guarantees... but focusing on $100k seems a wee bit whimpy and/or maybe under estimating a potential top for this cycle.. or even a realistic place to be taking meaningful amounts of profits...

.. .. but hey whatever, do what you like.  I recall so many guys saying how rich they were going to be if BTC were to hit $1k in 2015/2016.. and as we know $1k was a very whimpy number and not a very smart place to be selling your BTC... so quite of few of those guys might have made some fiat, but they missed out on a lot of BTC profits due to their overly anxious selling too much too soon.

so if we are blessed that the bull will serve us what we are waiting , then indeed that 2024 will be the year  But it is not the Final Bullrun that you are calling , because that is just
 another Bullrun of many to come , trust Bitcoin and you will see what this can bring you

I cannot really disagree with you here, Reatim.. It does not sound like you will be selling too many too soon.. but hopefully you do not feel regrets either .. because none of us can really know how these matters might play out.. we might get $1 million or more in this cycle, or we might not even end up breaching our current $69k ATH.. so I am not going to proclaim NOT to prepare for any scenario, while at the same time, one of the more common errors is that guys fail/refuse to sufficiently/adequately prepare for UP... that's why we still ONLY have less than 1% of the world's population that hold any significant amount of bitcoin, and maybe even some of the current holders are also under-allocated.

If bitcoin follows the current market history then there's a possibility that we will see it increase threefold like what it did last bullrun so there's a possibility that bitcoin will go more than just a 100k but I could be wrong though, I don't know where you got your notion that 2024 is going to be the last bullrun because afaik there's still a lot of bitcoin yet to be mined.

There is still a lot of bitcoin adoption that is still to occur.  There is not a lot of bitcoin to be mined ... even though sure, there will be block rewards until 20140.. but even now the block rewards are shrinking by quite a lot each four years because the amount of bitcoin left to mine is not very much when measured in terms of how many BTC have already been mined and are in circulation (even though sure there are likely the private keys to several million bitcoin that have either accidentally or purposefully been lost).

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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July 28, 2023, 08:02:21 AM
 #257


65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.
Bitcoin's volatility has spawned various speculations about its future price, at least until the close of 2023 at the earliest. What if I think maybe a Final bullrun at 150K, anyone can speculate based on the level of confidence in the potential generated by Bitcoin in the future. Then what have you prepared to welcome the bullrun, of course it will be very helpful to increase the number of your wealth list if you have collected Bitcoin little by little before the moon shines again. Logic that can't be denied, investors who already own Bitcoin will certainly expect Bitcoin to reach its highest price soon.

I do not expect such a price increase for the end of this year. There will be corrections and Bitcoin's rise will be gradual. This form of ascension also means that it rises with firmer steps. There will always be speculations, but prices like 100k 150k are very high. We will go up to these prices, but it is still early.

What we need to do is collect as many Bitcoins as needed before reaching the Bitcoin target. We're talking about time, but no one knows how soon Bitcoin will rise. That's why we should increase the amount of Bitcoin we have at every opportunity.
I expect Bitcoin to rise to its speculated levels between $100K and $150K in the nearest future, but certainly not this year, and it's for obvious reasons. I've made a series of analyses about this on the forum and many times offline since April even when the bullish trend was still so strong. It's the same result I get with both technical and sentimental analyses (investors will). And it's not about the fact that it's too early to ascertain as you mentioned, that's what it would do and you can take my word for it. The only thing that could make it move so high is very positive news like say China has lifted its ban on the coin...lol, which I don't see feasible this year. The usual macro and micro economies and data would be playing their effects as usual but the impact would always be minimal as the market would continue to weigh it appropriately as it has been doing since it hit the first ATH of 2023.

Extensively, I expect it to move within $28.5K and $32k for now, and even if $32k is breached upwards, there are other strong barriers at $35k and 37K waiting for it this year. In a nutshell, I don't see it moving above $40K this year, talkless of 100K. But some dangerous bullish run is expected around April and May 2024, and the reason is because of the halving tradition that is awaited. People would not want to miss out anymore, and it could cause a ripple effect that might get Bitcoin to $100K or almost in a few months after.

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July 28, 2023, 12:53:59 PM
 #258

If bitcoin follows the current market history then there's a possibility that we will see it increase threefold like what it did last bullrun so there's a possibility that bitcoin will go more than just a 100k but I could be wrong though, I don't know where you got your notion that 2024 is going to be the last bullrun because afaik there's still a lot of bitcoin yet to be mined.
If you remember about the last bullrun that ever happened to Bitcoin, of course speculation for a price of $100K is not excessive for Bitcoin. But when it is said for next year, I think Bitcoin still needs some significant improvement in this year so that next year Bitcoin will be at a much bigger price than now. Because if it's still in the $30K area, of course it will be very difficult for Bitcoin to reach $70K again when it enters the bullrun period next year, although it is still very possible for Bitcoin to happen.

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July 28, 2023, 01:57:31 PM
 #259

If bitcoin follows the current market history then there's a possibility that we will see it increase threefold like what it did last bullrun so there's a possibility that bitcoin will go more than just a 100k but I could be wrong though, I don't know where you got your notion that 2024 is going to be the last bullrun because afaik there's still a lot of bitcoin yet to be mined.
If you remember about the last bullrun that ever happened to Bitcoin, of course speculation for a price of $100K is not excessive for Bitcoin. But when it is said for next year, I think Bitcoin still needs some significant improvement in this year so that next year Bitcoin will be at a much bigger price than now. Because if it's still in the $30K area, of course it will be very difficult for Bitcoin to reach $70K again when it enters the bullrun period next year, although it is still very possible for Bitcoin to happen.

The $100k target is a pretty modest target for bitcoin and I think the new ATH will be much higher than that. But I think like you, if we still believe history will repeat itself, then 2024 is not a bullish year yet. If I remember correctly, the bull season will only come 1 year after the halving takes place. That means we will wait until Q2 2025 to see strong market growth, and bitcoin will make a new ATH in Q3 2025 as always before we enter bear season another in 2026. Of course, these are just predictions based on history, there is no guarantee everything will repeat.

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July 28, 2023, 02:03:51 PM
 #260

No one can predict accurately what the price of bitcoin will be in the future. We can only speculate and of course sometimes these speculations do not fully correspond to reality.

If you well go into the area of discussion here, you will discover that no one is giving a precise rate bitcoin is getting to this coming year 2024, they are just what we perceived coming and have gone through them base on the past records on bitcoin in knowing the rate to how bitcoin skyrockets during and after each successful halving in the past, which indicates that this coming year also will not be an exception as well because bitcoin will taste the value of six digits next halving as if already had $68,000 ATH on record.
It is very difficult to predict the exact future of the crypto market because there is always volatility in the market. Although it is impossible to predict the exact price of bitcoin in 2024 with certainty, various research studies have attempted to provide estimates based on historical data and current trends. I don't think $60K was the top. Bitcoin price may go higher because I don't see the type of trading that usually happens after the ATH red dot. In fact the bear market is only a few months away from the blue point.

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Bitcoin_people
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July 29, 2023, 04:39:49 AM
 #261

No one can predict accurately what the price of bitcoin will be in the future. We can only speculate and of course sometimes these speculations do not fully correspond to reality.

If you well go into the area of discussion here, you will discover that no one is giving a precise rate bitcoin is getting to this coming year 2024, they are just what we perceived coming and have gone through them base on the past records on bitcoin in knowing the rate to how bitcoin skyrockets during and after each successful halving in the past, which indicates that this coming year also will not be an exception as well because bitcoin will taste the value of six digits next halving as if already had $68,000 ATH on record.
It is very difficult to predict the exact future of the crypto market because there is always volatility in the market. Although it is impossible to predict the exact price of bitcoin in 2024 with certainty, various research studies have attempted to provide estimates based on historical data and current trends. I don't think $60K was the top. Bitcoin price may go higher because I don't see the type of trading that usually happens after the ATH red dot. In fact the bear market is only a few months away from the blue point.
Yes it is very difficult to predict the market, it is impossible to tell when the market will go up and when it will go down. Although many studies predict that Bitcoin will be worth $100k in 2024, it is not clear how certain it is. However, if the Bitcoin halving happens in 2024, it can be confirmed that the Bitcoin market is likely to grow again. Although the Bitcoin market is currently in a bear market, it is expected to turn into a bull market after the Bitcoin halving.

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July 29, 2023, 12:41:29 PM
Merited by JayJuanGee (1)
 #262

~
If you remember about the last bullrun that ever happened to Bitcoin, of course speculation for a price of $100K is not excessive for Bitcoin. But when it is said for next year, I think Bitcoin still needs some significant improvement in this year so that next year Bitcoin will be at a much bigger price than now. Because if it's still in the $30K area, of course it will be very difficult for Bitcoin to reach $70K again when it enters the bullrun period next year, although it is still very possible for Bitcoin to happen.
What significant improvement are you talking about? People during the last bullrun didn't expect bitcoin to go much higher than 30k iirc, they were expecting it to go there or go a bit higher then plateau for a long time there but then they were surprised when it got to that price so you doubting the possibility that bitcoin will go higher than it's peak and that it has to do some big adjustment to break out of the 30k price range isn't the best mindset right now. I assure you that when that bullrun happens, I assure you that 70k will be an easy to break price ceiling for bitcoin.

Take my word with a grain of salt though, bitcoin can still surprise people by being stagnant when a lot is expecting it to pump so high. Maybe we will witness something new in this next halving, and that it's not going to be the same halving as the previous ones.
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July 29, 2023, 04:57:50 PM
 #263

~
If you remember about the last bullrun that ever happened to Bitcoin, of course speculation for a price of $100K is not excessive for Bitcoin. But when it is said for next year, I think Bitcoin still needs some significant improvement in this year so that next year Bitcoin will be at a much bigger price than now. Because if it's still in the $30K area, of course it will be very difficult for Bitcoin to reach $70K again when it enters the bullrun period next year, although it is still very possible for Bitcoin to happen.
What significant improvement are you talking about? People during the last bullrun didn't expect bitcoin to go much higher than 30k iirc, they were expecting it to go there or go a bit higher then plateau for a long time there but then they were surprised when it got to that price so you doubting the possibility that bitcoin will go higher than it's peak and that it has to do some big adjustment to break out of the 30k price range isn't the best mindset right now. I assure you that when that bullrun happens, I assure you that 70k will be an easy to break price ceiling for bitcoin.

Take my word with a grain of salt though, bitcoin can still surprise people by being stagnant when a lot is expecting it to pump so high. Maybe we will witness something new in this next halving, and that it's not going to be the same halving as the previous ones.

Of course, every single time that there is a price rise that gets close to or exceeds the prior ATH can be different.

And, it seems to me that there frequently forms a bit of a deadman's zone around the previous ATH.. but even a deadman's zone could end up failing.. and so it might be difficult to measure and/or determine where the deadman's zone this time around might be.. so any of us might make a kind of rough estimate regarding where it is.. which I would tentatively consider our current deadman's zone to be between about $55k and about $85k-ish.. .. so that largely just means that it is a kind of pass through area.. but if it fails (like it seems to have had done in late 2021 when it failed to get to $80k-ish), then the BTC price ends up correcting, and the theory about the deadman zone ends up not having had applied to the BTC price dynamics that time around.

Will the deadman's zone theory hold up this time or not?  The answer to that question is still to be seen...and I doubt that it is even an all or nothing bet... maybe it just slightly increases the odds that the price will pass through the zone without correcting?

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July 29, 2023, 06:45:05 PM
Merited by JayJuanGee (1)
 #264

Yes it is very difficult to predict the market, it is impossible to tell when the market will go up and when it will go down. Although many studies predict that Bitcoin will be worth $100k in 2024, it is not clear how certain it is. However, if the Bitcoin halving happens in 2024, it can be confirmed that the Bitcoin market is likely to grow again. Although the Bitcoin market is currently in a bear market, it is expected to turn into a bull market after the Bitcoin halving.
Me, $100K will definitely be a new milestone but not sure when the right year will be, I'm just optimistic as a bitcoin HODL.
The 2024 bitcoin halving - there might be a reaction in 2024 but I think at the end of the year towards 2025 that will be a bullish year, for me this is not too important to think about now.
I just want to keep adding to my bitcoin holdings as much as possible, $30K is still very low I'm still trying to keep the DCA going from what I earn each month depending on cash flow.

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July 29, 2023, 09:12:45 PM
 #265

Yes it is very difficult to predict the market, it is impossible to tell when the market will go up and when it will go down. Although many studies predict that Bitcoin will be worth $100k in 2024, it is not clear how certain it is. However, if the Bitcoin halving happens in 2024, it can be confirmed that the Bitcoin market is likely to grow again. Although the Bitcoin market is currently in a bear market, it is expected to turn into a bull market after the Bitcoin halving.

No one can know or predict the market with 100% accuracy, but by doing some analysis of market behavior in the past or recent years, we will at least know where Bitcoin is going. Well, I have heard from several sources including experts saying that Bitcoin will be able to touch $100k during the halving in 2024, and with this news I see many of them increase the value of their investment. But so far I can't believe it for sure because there hasn't been any movement that shows it for sure.

Indeed, if we look at the current bearish position of Bitcoin and it is still far below it, it is still far enough to touch the forecast. In my opinion, with the current conditions that are still bearish, it is unlikely that Bitcoin will reach a price of $ 100k at the 2024 halving, but it is still possible for us to hope for more, because as mentioned above, no one can know or predict for sure and Bitcoin itself is so volatile that there could be something surprising from a significant bearish to bullish price swing in the future, we'll see.
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July 29, 2023, 09:25:15 PM
 #266

If bitcoin follows the current market history then there's a possibility that we will see it increase threefold like what it did last bullrun so there's a possibility that bitcoin will go more than just a 100k but I could be wrong though, I don't know where you got your notion that 2024 is going to be the last bullrun because afaik there's still a lot of bitcoin yet to be mined.
Actually I think it's a hope not that 2024 is really going to be a certainty about the bullrun to reach $100k but the hope is there because of course in this case the benchmark is probably to the halving and when that time happens of course there has to be some indication to make bitcoin lift and 2024 is a big hope before the halving comes.
But regardless of whether that happens or not we still have to wait and I think it's still worth it to look forward to. As for when it doesn't happen, I think it's not a problem either because sooner or later the bullrun will arrive and $100k is still very possible to happen.

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July 29, 2023, 09:58:03 PM
Merited by JayJuanGee (1)
 #267

I just want to keep adding to my bitcoin holdings as much as possible, $30K is still very low I'm still trying to keep the DCA going from what I earn each month depending on cash flow.
Like you said there are some people who still believed that 30k is still high to make an entry why because they believed that market could still go more dipper without knowing the market is so unpredictable and most especially is being driven by news, and to whenever it gets spike to what we can't comprehend is then you would noticed such people keeps grizzling for their lack of faith and trust toward not holding or attempting to buy at least little portion of it.

As cash keeps following the right investment is to buy as a strong supporter of bitcoin, including me that is posting also trying as much as I could do to expand my capacity of holdings to be able to get ready for the next halving maybe who knowns what could be the outcome but, as few people did say they had to be optimistic, meaning being positive that something good will likely happened, so it is when it was created and people never believed it could get this high that is why those who never chooses to maximized the opportunity today are still procrastinating till date.

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July 29, 2023, 11:10:09 PM
 #268

If bitcoin follows the current market history then there's a possibility that we will see it increase threefold like what it did last bullrun so there's a possibility that bitcoin will go more than just a 100k but I could be wrong though, I don't know where you got your notion that 2024 is going to be the last bullrun because afaik there's still a lot of bitcoin yet to be mined.
Actually I think it's a hope not that 2024 is really going to be a certainty about the bullrun to reach $100k but the hope is there because of course in this case the benchmark is probably to the halving and when that time happens of course there has to be some indication to make bitcoin lift and 2024 is a big hope before the halving comes.
But regardless of whether that happens or not we still have to wait and I think it's still worth it to look forward to. As for when it doesn't happen, I think it's not a problem either because sooner or later the bullrun will arrive and $100k is still very possible to happen.
As halving is scheduled for the year 2024, there is big expectation with the price of bitcoin reaching the peak. We don't know how good this gonna happen, but the hope and the previous history of price movement around the days of halving makes everything on the positive side. Bitcoin in recent months haven't come across big news to have negative or positive impact which is why the market is moving in a stabilized manner. Lets see what 2024 can bring.

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July 30, 2023, 01:36:15 AM
 #269

~
Will the deadman's zone theory hold up this time or not?  The answer to that question is still to be seen...and I doubt that it is even an all or nothing bet... maybe it just slightly increases the odds that the price will pass through the zone without correcting?
I don't know much about this deadman's zone that you're talking about, it's my first hearing these but I assume that it's a plateau in the market that you're talking about or something like a price ceiling breaking idk. You pretty much answered your question regarding the theory ever holding up in your first statement. New ATH brings new deadman zones which means that the previous deadman zone is broken and that the next one won't be or there's really no deadman's zone, it's just a bunch of people believing that bitcoin will hit X price range but got disappointed because it didn't reach what they expected it to reach.

Of course, every single time that there is a price rise that gets close to or exceeds the prior ATH can be different.
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July 30, 2023, 02:26:21 AM
Merited by Latviand (1)
 #270

~
Will the deadman's zone theory hold up this time or not?  The answer to that question is still to be seen...and I doubt that it is even an all or nothing bet... maybe it just slightly increases the odds that the price will pass through the zone without correcting?
I don't know much about this deadman's zone that you're talking about, it's my first hearing these but I assume that it's a plateau in the market that you're talking about or something like a price ceiling breaking idk. You pretty much answered your question regarding the theory ever holding up in your first statement. New ATH brings new deadman zones which means that the previous deadman zone is broken and that the next one won't be or there's really no deadman's zone, it's just a bunch of people believing that bitcoin will hit X price range but got disappointed because it didn't reach what they expected it to reach.
Of course, every single time that there is a price rise that gets close to or exceeds the prior ATH can be different.

I believe that I have adequately described what I meant.. which is largely the idea that the BTC price passes through prices around the old ATH with very little resistance.. and sure there can be resistance, but there is a tendency for there not to be resistance.  You can look at the ATH of $32 from 2011, the ATHs of $263 and $1,163 of 2013, the ATH of $19,666 from 2017, and so now the new ATH is $69k... and let's see what happens?  You want to fuck around with selling too much bitcoin between $55k and $85k, then good luck with that because those prices are likely pass through zones, and also no guarantees, so you can do what you like in terms of managing any BTC sales that you might make and if you expect to be able to have any potential of buying them back, especially if you sell within the deadman's zone.

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July 30, 2023, 06:15:10 AM
Merited by JayJuanGee (1)
 #271

~
Will the deadman's zone theory hold up this time or not?  The answer to that question is still to be seen...and I doubt that it is even an all or nothing bet... maybe it just slightly increases the odds that the price will pass through the zone without correcting?
I don't know much about this deadman's zone that you're talking about, it's my first hearing these but I assume that it's a plateau in the market that you're talking about or something like a price ceiling breaking idk. You pretty much answered your question regarding the theory ever holding up in your first statement. New ATH brings new deadman zones which means that the previous deadman zone is broken and that the next one won't be or there's really no deadman's zone, it's just a bunch of people believing that bitcoin will hit X price range but got disappointed because it didn't reach what they expected it to reach.
Of course, every single time that there is a price rise that gets close to or exceeds the prior ATH can be different.

I believe that I have adequately described what I meant.. which is largely the idea that the BTC price passes through prices around the old ATH with very little resistance.. and sure there can be resistance, but there is a tendency for there not to be resistance.  You can look at the ATH of $32 from 2011, the ATHs of $263 and $1,163 of 2013, the ATH of $19,666 from 2017, and so now the new ATH is $69k... and let's see what happens?  You want to fuck around with selling too much bitcoin between $55k and $85k, then good luck with that because those prices are likely pass through zones, and also no guarantees, so you can do what you like in terms of managing any BTC sales that you might make and if you expect to be able to have any potential of buying them back, especially if you sell within the deadman's zone.

Are you feeling lucky, punk?



Good analysis I must admit. From technical point of view, we are on our way up and the wise thing to do now for anyone who believe in this technology is to accumulate more.

Furthermore, I feel we need more uses for BTC to be fully confident in what we are projecting. More people and institutions have to see the need to integrate cryptocurrency payments systems conveniently. This comes with more effort and this is where those of us who believe in this technology have put effort at educating people in this regard.

In all, I truly feel lucky to have joined early!

R


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July 30, 2023, 08:17:02 AM
 #272

As halving is scheduled for the year 2024, there is big expectation with the price of bitcoin reaching the peak. We don't know how good this gonna happen, but the hope and the previous history of price movement around the days of halving makes everything on the positive side. Bitcoin in recent months haven't come across big news to have negative or positive impact which is why the market is moving in a stabilized manner. Lets see what 2024 can bring.

Halving being around the corner is what has given so many people high hopes for expectations, but let us not expect a very big move on that halving year; too much expectation is what led to disappointment. In the halving year, we might just experience some positive price impact, but bitcoin might not be able to break into a new ATH that same year, although there are greater possibilities for that to happen. I expect a huge move to come from the end of the halving year to the upper year, which is 2025. That is when I expect the impact of the halving to show deeply on the bitcoin price.

R


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July 30, 2023, 09:19:42 AM
Merited by JayJuanGee (1)
 #273

As halving is scheduled for the year 2024, there is big expectation with the price of bitcoin reaching the peak. We don't know how good this gonna happen, but the hope and the previous history of price movement around the days of halving makes everything on the positive side. Bitcoin in recent months haven't come across big news to have negative or positive impact which is why the market is moving in a stabilized manner. Lets see what 2024 can bring.

Halving being around the corner is what has given so many people high hopes for expectations, but let us not expect a very big move on that halving year; too much expectation is what led to disappointment. In the halving year, we might just experience some positive price impact, but bitcoin might not be able to break into a new ATH that same year, although there are greater possibilities for that to happen. I expect a huge move to come from the end of the halving year to the upper year, which is 2025. That is when I expect the impact of the halving to show deeply on the bitcoin price.
from my previous experience, I never felt disappointed with the expectations I had from bitcoin, especially when the halving came. Either there may be different experiences felt by others, or either my expectations are not as great as others as you say.
When the bullrun arrives, it is a bonus and achievement for people who spread wait and continue to buy when the bear market occurs, and not only is it a bonus from doing that, it is also a price paid for loyalty in holding bitcoin for a long time. We will see 2 people when bitcoin reaches its ATH, the first those who smile, and those who regret. I'm sure you know what I mean.  Grin

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July 30, 2023, 09:50:08 AM
Merited by JayJuanGee (1)
 #274

from my previous experience, I never felt disappointed with the expectations I had from bitcoin, especially when the halving came. Either there may be different experiences felt by others, or either my expectations are not as great as others as you say.

That is because you have not really had too much of an expectation. Let us say, for instance, that you expect the bitcoin price to be circulating at the range of $100,000 at the beginning or 3rd quarter of 2024, which makes you invest heavily more than you have planned for with the hope of getting a huge profit when the price hits your expectation on that presumed date, but the reverse becomes the case; instead of seeing $100,000, you are seeing below your entering price, which will be a loss on your side. In such a scenario, we could see that having high expectations has actually led to disappointment.


Quote
When the bullrun arrives, it is a bonus and achievement for people who spread wait and continue to buy when the bear market occurs, and not only is it a bonus from doing that, it is also a price paid for loyalty in holding bitcoin for a long time. We will see 2 people when bitcoin reaches its ATH, the first those who smile, and those who regret. I'm sure you know what I mean.  Grin

There is always a reward for those who know what they want and remain determined to achieve it. Spending so much time thinking about how much bitcoin could be accumulated and working towards that goal is better than spending so much time thinking about how much could possibly be made in a short period of time using bitcoin as the medium. When we focus on buying and storing, we happen to see profit most times when we least expect it, which is what I believe you mean by bonus and reward paid off.

R


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July 30, 2023, 10:27:29 AM
 #275

Halving being around the corner is what has given so many people high hopes for expectations, but let us not expect a very big move on that halving year; too much expectation is what led to disappointment. In the halving year, we might just experience some positive price impact, but bitcoin might not be able to break into a new ATH that same year, although there are greater possibilities for that to happen. I expect a huge move to come from the end of the halving year to the upper year, which is 2025. That is when I expect the impact of the halving to show deeply on the bitcoin price.


Lol, it's just all about expectation, hope, and speculation. Whoever wants to get disappointed chose that for themselves. I know that it has been said here countless times that Bitcoin investment is not just what one should cast all their hopes on, as there's no guarantee that one can make profit at their own pace. I have also been living in so much speculation like others, but it's not even as if I already have a certain goal set aside to do with my profit if Bitcoin gets to $100k next year or 2025. I'm just there; unless I see a very high price, like $100k, I can sell some percentage of my holding and wait for a bear market, then buy back to increase my holding. Like you said, it might break a new ATH, but what if we only experience a bull run of, let's say, $60k–69k? What if there's no new ATH after the next halving?

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July 30, 2023, 04:35:12 PM
 #276

I just want to keep adding to my bitcoin holdings as much as possible, $30K is still very low I'm still trying to keep the DCA going from what I earn each month depending on cash flow.
Like you said there are some people who still believed that 30k is still high to make an entry why because they believed that market could still go more dipper without knowing the market is so unpredictable and most especially is being driven by news, and to whenever it gets spike to what we can't comprehend is then you would noticed such people keeps grizzling for their lack of faith and trust toward not holding or attempting to buy at least little portion of it.
I agree with you. A lot of sceptics have not decided yet because they are looking for the bottom to get in or should I say the bottom of the bottom, not knowing that they are not really late. They still think that the price could take a deep to $20k or $25k, not realizing that the price has taken off and might not come down. Even if the price were to down to $20k, which is very unlikely, if one has the money why not buy and hold since you are still going to make a good profit out of it when the bull run finally kicks in or just do a DCA and be accommodating gradually until the market is bull.

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July 30, 2023, 04:36:58 PM
Last edit: July 30, 2023, 04:49:19 PM by JayJuanGee
 #277

[edited out]
Good analysis I must admit. From technical point of view, we are on our way up and the wise thing to do now for anyone who believe in this technology is to accumulate more.

Furthermore, I feel we need more uses for BTC to be fully confident in what we are projecting. More people and institutions have to see the need to integrate cryptocurrency payments systems conveniently. This comes with more effort and this is where those of us who believe in this technology have put effort at educating people in this regard.

In all, I truly feel lucky to have joined early!

I don't know if we need "cryptocurrency" payment systems, but if you are referring to bitcoin, then perhaps?  There are always ongoing developments in bitcoin, and surely there can be questions regarding how user-friendly some of the systems happen to be, while at the same time, there are some battles that seem to ongoingly be taking place, and so sometimes normies might be reluctant to attempt to integrate some of the systems that might interact with legacy systems because of a lot of variance in terms of regulatory matters..  A vast majority of countries are likely not even close to as open as El Salvador in terms of trying to keep regulatory obstacles to a minimum, and so there can be other solutions that allow for bitcoin transactions to happen without necessarily interacting with legacy systems, and maybe that might be where crypto could come into the scene.. but I hate to imply that shitcoins are even needed when bitcoin has systems that are being built and tested in lightning systems, but surely there may well be experiments that are needed when it comes to both user-friendliness and achieving higher levels of adoptions that might relate to wider sections of the population getting tempted to use various bitcoin systems.. beyond merely storing value in it.. and even storing value is not a bad thing.. but I get your point in regards to usage potentially helping bring awareness and potentially getting more normies involved in bitcoin and incentivized to learn more about it.

Halving being around the corner is what has given so many people high hopes for expectations, but let us not expect a very big move on that halving year; too much expectation is what led to disappointment. In the halving year, we might just experience some positive price impact, but bitcoin might not be able to break into a new ATH that same year, although there are greater possibilities for that to happen. I expect a huge move to come from the end of the halving year to the upper year, which is 2025. That is when I expect the impact of the halving to show deeply on the bitcoin price.
Lol, it's just all about expectation, hope, and speculation. Whoever wants to get disappointed chose that for themselves. I know that it has been said here countless times that Bitcoin investment is not just what one should cast all their hopes on, as there's no guarantee that one can make profit at their own pace. I have also been living in so much speculation like others, but it's not even as if I already have a certain goal set aside to do with my profit if Bitcoin gets to $100k next year or 2025. I'm just there; unless I see a very high price, like $100k, I can sell some percentage of my holding and wait for a bear market, then buy back to increase my holding. Like you said, it might break a new ATH, but what if we only experience a bull run of, let's say, $60k–69k? What if there's no new ATH after the next halving?

You may or may not be able to buy BTC back for a price that is less than the amount that you sold, including at around $100k, so any calculation that you make in regards to whether and/or how much you sell should include considerations that you may or may not be able to buy back the amount that you sold, especially for cheaper than the price that you sold them at.

I just want to keep adding to my bitcoin holdings as much as possible, $30K is still very low I'm still trying to keep the DCA going from what I earn each month depending on cash flow.
Like you said there are some people who still believed that 30k is still high to make an entry why because they believed that market could still go more dipper without knowing the market is so unpredictable and most especially is being driven by news, and to whenever it gets spike to what we can't comprehend is then you would noticed such people keeps grizzling for their lack of faith and trust toward not holding or attempting to buy at least little portion of it.
I agree with you. A lot of sceptics have not decided yet because they are looking for the bottom to get in or should I say the bottom of the bottom, not knowing that they are not really late. They still think that the price could take a deep to $20k or $25k, not realizing that the price has taken off and might not come down. Even if the price were to down to $20k, which is very unlikely, if one has the money why not buy and hold since you are still going to make a good profit out of it when the bull run finally kicks in or just do a DCA and be accommodating gradually until the market is bull.

I do not disagree with any of the thrust of what you are saying sokani, yet there can be ways to attempt to do all of the things that you discuss including having a regular DCA and then having various amounts of cash that is in reserves in case the BTC price happens to drop and to have buy orders at various price locations on the way down (or to watch and to conduct those buy orders manually).  Accordingly currently the 200-week moving average is currently at $27,098, and so the extent to which we might get BTC prices below the 200-week moving average beyond spikes do not seem to be high probability events, yet of course, there are a variety of scenarios that could end up playing out that are not easy to calculate in advance, so in several senses, it remains a decently prudent and practical strategy to attempt to prepare for a variety of scenarios while realizing that whenever we attempt to prepare for a variety of scenarios, we are going to end up somewhat diluting our BTC investment.. and so we have to attempt to plan and to employ a strategy that is sufficiently balanced for ourselves in such ways that we ar not going to be disappointed with our attempts to do the best that we can with the resources that we happen to have.  

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July 30, 2023, 05:08:04 PM
 #278

I feel the OP is basing his projection entirely on the Bitcoin halving that is happening in 2024. To me, even though this have the tendency, it is not enough to cause such price surge. Rather, another thing I feel will drive this price is creating more use cases for Bitcoin; There should be natural demand driven by needs of more new users and institutions. Personally, it was needs that made me hear about Bitcoin; I was practically frustrated by FX restriction in my country and by nature of my business, I must find a way to get payment across borders else my business would crash. Asking around reveal this amazing technology that saved my business and made life easy for me. I know there are lots of people like the former me in many jurisdictions who need to know about BTC. This is what I feel will create the demand that can cause explosive and sustained rise in price.

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July 30, 2023, 06:41:55 PM
 #279


I believe that I have adequately described what I meant.. which is largely the idea that the BTC price passes through prices around the old ATH with very little resistance.. and sure there can be resistance, but there is a tendency for there not to be resistance.  You can look at the ATH of $32 from 2011, the ATHs of $263 and $1,163 of 2013, the ATH of $19,666 from 2017, and so now the new ATH is $69k... and let's see what happens?  You want to fuck around with selling too much bitcoin between $55k and $85k, then good luck with that because those prices are likely pass through zones, and also no guarantees, so you can do what you like in terms of managing any BTC sales that you might make and if you expect to be able to have any potential of buying them back, especially if you sell within the deadman's zone.

Are you feeling lucky, punk?


By Elliot Wave analysis, a technical analysis method that have stood the test of time, Bitcoin have completed a market cycle that entails 5 impulsive waves (12345) followed by 3 corrective waves (ABC) as shown in https://prnt.sc/W0olQYtpH0gP. Another cycle of 5 impulsive waves just started and this will see the terminus eating the ATH with ease. Your project is really in line with expectations given the history of Bitcoin and events lined up to happen going forward.

So, I feel the future look exciting for us as a lot of factors including the Blockchain technology itself is in support of huge demand cum high prices for Bitcoin.

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July 30, 2023, 07:08:45 PM
 #280

from my previous experience, I never felt disappointed with the expectations I had from bitcoin, especially when the halving came. Either there may be different experiences felt by others, or either my expectations are not as great as others as you say.

That is because you have not really had too much of an expectation. Let us say, for instance, that you expect the bitcoin price to be circulating at the range of $100,000 at the beginning or 3rd quarter of 2024, which makes you invest heavily more than you have planned for with the hope of getting a huge profit when the price hits your expectation on that presumed date, but the reverse becomes the case; instead of seeing $100,000, you are seeing below your entering price, which will be a loss on your side. In such a scenario, we could see that having high expectations has actually led to disappointment.

Indirectly this says that having expectations is of course okay but don't have too high expectations in this case because we also have to be aware that there is always a process in every increase and this is also not one of the instant wealth barns so in this case when our expectations are not too high it is possible for us to feel that the plans we are doing in bitcoin are very satisfying.
The problem is that many people sometimes think of expectations that are too high. Although indeed the expectation is also not wrong and still possible to happen but of course there must be a vulnerable time so that the increase from bitcoin still looks quite reasonable. The hope of being in bitcoin is something very good but don't let your high expectations actually make you lose confidence because of expectations that should take time you want it in a short time.

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July 30, 2023, 07:11:19 PM
 #281

I was expecting that price last rally but it finished earlier than most expectations. This time we are pretty sure we will see that price tag. This target is something that is expected by almost everyone and there is no reason for it not to happen.
I'm not so sure about the time though. We may see it in 2025 if not 2024. I don't have a top price prediction but wish it will go as higher as possible.

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July 30, 2023, 07:46:18 PM
 #282

I believe that I have adequately described what I meant.. which is largely the idea that the BTC price passes through prices around the old ATH with very little resistance.. and sure there can be resistance, but there is a tendency for there not to be resistance.  You can look at the ATH of $32 from 2011, the ATHs of $263 and $1,163 of 2013, the ATH of $19,666 from 2017, and so now the new ATH is $69k... and let's see what happens?  You want to fuck around with selling too much bitcoin between $55k and $85k, then good luck with that because those prices are likely pass through zones, and also no guarantees, so you can do what you like in terms of managing any BTC sales that you might make and if you expect to be able to have any potential of buying them back, especially if you sell within the deadman's zone.

Are you feeling lucky, punk?
By Elliot Wave analysis, a technical analysis method that have stood the test of time, Bitcoin have completed a market cycle that entails 5 impulsive waves (12345) followed by 3 corrective waves (ABC) as shown in https://prnt.sc/W0olQYtpH0gP. Another cycle of 5 impulsive waves just started and this will see the terminus eating the ATH with ease. Your project is really in line with expectations given the history of Bitcoin and events lined up to happen going forward.

So, I feel the future look exciting for us as a lot of factors including the Blockchain technology itself is in support of huge demand cum high prices for Bitcoin.

I am not too much of an Elliot Wave and/or technical analysis fan - especially since many times, those kinds of wave theories are a bit off base, since they likely fail/refuse to account for some of the specific immature aspects of bitcoin, including the likely exponential s-curve adoption component that is based on Metcalfe principles and networking effects...

but anyhow, are you suggesting that my assertion of a likely deadman's zone between $55k and $80k is supported by Elliot Wave principles.

I did click on your link and I do see that your future projection of wave 4-5 does seem to show the BTC price passing through the previous ATH.. in a very similar way as I have characterized.. .but still my ideas are no way even attempting to incorporate Elliot Wave ideas or even to say that anyone should be attempting to trade much if any of their BTC based on Elliot Wave.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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July 30, 2023, 09:26:34 PM
 #283

I was expecting that price last rally but it finished earlier than most expectations.
We expected $100k to achieve in 2021, but it only reached $69k at that time.

This time we are pretty sure we will see that price tag. This target is something that is expected by almost everyone and there is no reason for it not to happen.
In 2024-2025, some experts believe that the price will be above $100k. According to the pattern of the previous ATH in some bullrun seasons, $100k should be very realistic to achieve. However, Bitcoin price is basically unpredictable, no guarantee what the price of next ATH is. So, I actually have no idea about $100k really to be achieved or not. But the next ATH must be more than the last ATH, personally I am sure it will be above $80k.

I'm not so sure about the time though. We may see it in 2025 if not 2024. I don't have a top price prediction but wish it will go as higher as possible.
Indeed. The next bullrun probably happens in 2025, but there is no exact prediction about how high the price will be. So, I'm also not really sure whether it will be passed $100k or not. I think we must have an alternative exit plan (selling) if the price fails to achieve $100k.


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July 30, 2023, 09:44:54 PM
 #284

BTC $100k by 2024 wow that's good, so which means now is the best time to hold and accumulate more and more BTC so by the end of the year we might all have something wonderful, besides if Bitcoin will reach that amount by 2024 we should have been seeing some signs by now, is not that am having a dauth but thats the truth, we are all hoping for it, well Bitcoin hits $100k there will be more traffic in the market because alot of people will be tempted to sell there coin like it once happened.

Now is the right time to hold more coins for a good return.

R


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July 30, 2023, 10:21:20 PM
 #285

I was expecting that price last rally but it finished earlier than most expectations. This time we are pretty sure we will see that price tag. This target is something that is expected by almost everyone and there is no reason for it not to happen.
I'm not so sure about the time though. We may see it in 2025 if not 2024. I don't have a top price prediction but wish it will go as higher as possible.

The possibility for it to happened is 50/50 since there is nothing to guaranteed on respect to the price action, btw the bitcoin market is so dynamical filled with volatility and also subject to changes at anytime. Lemme not say this with all boldness but I will love to let us understand that we are all being driven by optimism were we keep hoping for the best to come out of bitcoin although most at times those who trades bitcoin finds it more profitable than holders where they all wait for the circle to take place.

Taking place connotes of having patient to either wait for the entire 3years to 4years to be able to enjoy the massive changes that leads to a newer part creation that we in particular calls All Time High. However the real holders understand that despite having ATH there is one thing for sure that we must witnessed another again and continually we shall see many phases of bitcoin prices increase and changes., Hence 2025 may not be a favorable year for bitcoin price to spike rather, predicted October 2024., However you could be right or I maybe wrong but based on speculation and assumption we can't just give a total out look of bitcoin price.

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July 31, 2023, 09:49:55 AM
Merited by JayJuanGee (1)
 #286

from my previous experience, I never felt disappointed with the expectations I had from bitcoin, especially when the halving came. Either there may be different experiences felt by others, or either my expectations are not as great as others as you say.

That is because you have not really had too much of an expectation. Let us say, for instance, that you expect the bitcoin price to be circulating at the range of $100,000 at the beginning or 3rd quarter of 2024, which makes you invest heavily more than you have planned for with the hope of getting a huge profit when the price hits your expectation on that presumed date, but the reverse becomes the case; instead of seeing $100,000, you are seeing below your entering price, which will be a loss on your side. In such a scenario, we could see that having high expectations has actually led to disappointment.

Indirectly this says that having expectations is of course okay but don't have too high expectations in this case because we also have to be aware that there is always a process in every increase and this is also not one of the instant wealth barns so in this case when our expectations are not too high it is possible for us to feel that the plans we are doing in bitcoin are very satisfying.
The problem is that many people sometimes think of expectations that are too high. Although indeed the expectation is also not wrong and still possible to happen but of course there must be a vulnerable time so that the increase from bitcoin still looks quite reasonable. The hope of being in bitcoin is something very good but don't let your high expectations actually make you lose confidence because of expectations that should take time you want it in a short time.
It depends on each of us, of course everyone has their own expectations and there is also a basis why they set those expectations, regardless of whether or not they are high. But I also think everyone also has limits so that they are not disappointed later.
Disappointment is normal, I won't argue with that. But I want to emphasize here is when my expectations reach 100k for example but what happens is the opposite, as you said.
And also actually we can't be said to have lost because we haven't sold it, because at one time if we keep holding it, it is very possible to touch 100k, it's just that the time we feel must be longer than our expectations.

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July 31, 2023, 10:31:36 AM
 #287

BTC $100k by 2024 wow that's good, so which means now is the best time to hold and accumulate more and more BTC so by the end of the year we might all have something wonderful, besides if Bitcoin will reach that amount by 2024 we should have been seeing some signs by now, is not that am having a dauth but thats the truth, we are all hoping for it, well Bitcoin hits $100k there will be more traffic in the market because alot of people will be tempted to sell there coin like it once happened.

For now there is no sign of the most specific for this. But if you look at the level of correction in the price of Bitcoin itself in the last two months, I think you can also take this as a sign that Bitcoin still has square off to increase more at the end of this year. But I wouldn't say that the increase is for $100K, because there are a lot of price levels that Bitcoin still has to break within this year if the target is for $100K next year.

This year leaves only five months left and in the next five months I still believe that the price of Bitcoin will experience a lot of changes, especially changes in terms of increases. Because lately there are not many bad things that can affect the decline in the price of Bitcoin in the market so that Bitcoin has the opportunity to increase again with a note that there must be more interest in new people or new investors who want to buy Bitcoin every month without thinking about releasing it again before next year.

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July 31, 2023, 01:00:55 PM
Merited by Sandra_hakeem (2), JayJuanGee (1)
 #288

I feel the OP is basing his projection entirely on the Bitcoin halving that is happening in 2024. To me, even though this have the tendency, it is not enough to cause such price surge. Rather, another thing I feel will drive this price is creating more use cases for Bitcoin; There should be natural demand driven by needs of more new users and institutions. Personally, it was needs that made me hear about Bitcoin; I was practically frustrated by FX restriction in my country and by nature of my business, I must find a way to get payment across borders else my business would crash. Asking around reveal this amazing technology that saved my business and made life easy for me. I know there are lots of people like the former me in many jurisdictions who need to know about BTC. This is what I feel will create the demand that can cause explosive and sustained rise in price.
It is great to hear people talk about the benefits of Bitcoin apart from keeping it as an investment. It is great to know that you are using Bitcoin to engage in international trade. Bitcoin has the potential of helping businesses to invade financial restrictions placed on individuals or businesses in some nations.

Regarding the $100K price mark next year, I believe it is possible. There is a prediction by Standard Chartered that Bitcoin will get to $120k this next halving. It is not bad to target next year to make a profit but having a plan further than next year should be the focus of long-term investors because bitcoin has the potential of going above all recent predictions. You can sell to make some profit, but keep hodling for the future because you might never be able to re-buy what you have sold in the future with your selling price

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July 31, 2023, 01:59:06 PM
 #289

If you look at the current market situation it looks like the price of $ 100k will be difficult to reach in 2024, of course everyone hopes that the presence of a halving day will make a fantastic price spike as it has happened before, but if you look at it when the price goes past $ 30k and fails again it seems like it will take time much longer to reach $100k.


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July 31, 2023, 05:09:06 PM
 #290

I was expecting that price last rally but it finished earlier than most expectations. This time we are pretty sure we will see that price tag. This target is something that is expected by almost everyone and there is no reason for it not to happen.
I'm not so sure about the time though. We may see it in 2025 if not 2024. I don't have a top price prediction but wish it will go as higher as possible.
The rally must come, if not this year then the following year, I think expectations in bitcoin are not a problem because prices always reach record highs as for the matter of time then we have to be a little patient to wait for it, the bullrun moment must come we must prepare from the beginning to start it.
Don't think about time if we pay attention to it then it will get bored seeing the chart there is no increase in the rally, keep using strategies to gain bitcoin while still able, if it's a matter of prediction then this is endless all have their own numbers for bitcoin in the future, but I am optimistic that 100k is close enough to the previous ATH.

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July 31, 2023, 10:26:35 PM
Merited by wmaurik (1)
 #291

I was expecting that price last rally but it finished earlier than most expectations.
We expected $100k to achieve in 2021, but it only reached $69k at that time.
This time we are pretty sure we will see that price tag. This target is something that is expected by almost everyone and there is no reason for it not to happen.
In 2024-2025, some experts believe that the price will be above $100k. According to the pattern of the previous ATH in some bullrun seasons, $100k should be very realistic to achieve. However, Bitcoin price is basically unpredictable, no guarantee what the price of next ATH is. So, I actually have no idea about $100k really to be achieved or not. But the next ATH must be more than the last ATH, personally I am sure it will be above $80k.
I'm not so sure about the time though. We may see it in 2025 if not 2024. I don't have a top price prediction but wish it will go as higher as possible.
Indeed. The next bullrun probably happens in 2025, but there is no exact prediction about how high the price will be. So, I'm also not really sure whether it will be passed $100k or not. I think we must have an alternative exit plan (selling) if the price fails to achieve $100k.

Your way of talking about this is weird nurilham.

Sure there was an expectation that the BTC price top was going to be at or exceeding $100k, and this time around, there is likely expectations that the top could reasonably be anywhere between $250k and $500k - of course, the BTC price could end up topping out outside of that expected range, including that it might not even make it above the previous $69k ATH.

Your talk of $80k to $100k seems to be just out of touch, even though something like that could end up happening, it seems like an outlier possibility.

Don't get me wrong, UPpity scenarios are not even close to guaranteed in bitcoin, but part of the reason that any of us might be investing into bitcoin and thinking about the possibility of it going up stupendously is because it remains quite lowly adopted, especially if you consider its likely ongoing greatest peaceful wealth transfer in the world ever to take place that is tied in to network effects and metcalfe principles, so even if their are ongoing battles to keep the BTC prices from going up, there surely are no guarantees that the ongoing battles to keep BTC prices down are going to be successful, even if powerful and rich people/entities/governments are working in such direction. 

So there are no needs to get all hot and bothered about possible upside scenarios, but it still seems foolish to talk about $80k to $100k as if they were realist tops, even if this cycle could end up playing out that way. 

It seems more realistic to attempt  to appreciate bitcoin for what it is, including an ongoingly strong asymmetric bet to the upside, which means that you likely do not even need to bet very much on bitcoin's upside potential to be able to profit from it, so long as you put some value into  bitcoin and get off zero and don't be too whimpy about it and don't be fucking selling too  soon, even though you can do whatever you like and you end up selling most if not all of your cornz between $80k and $100k, don't come crying to me when BTC prices end up going over a $million in this cycle and either you don't have any cornz or you bought them all back at $900k. and you get recked when the BTC price drops down to $300k.

In udder wordz.. for your own good, it is better be preparing for a variety of scenarios, including upside scenarios and don't be selling most if not all of your cornz too soon... just in case. 

you will thank me later.. perhaps.  no guarantees.

BTC $100k by 2024 wow that's good, so which means now is the best time to hold and accumulate more and more BTC so by the end of the year we might all have something wonderful, besides if Bitcoin will reach that amount by 2024 we should have been seeing some signs by now, is not that am having a dauth but thats the truth, we are all hoping for it, well Bitcoin hits $100k there will be more traffic in the market because alot of people will be tempted to sell there coin like it once happened.

Now is the right time to hold more coins for a good return.

Yes.. and hopefully you and your fiat-minded buddies do not end up getting too reckt because you don't seem to understand what is BTC and you end up selling way too many cornz too soon. 

In udder wurds:  Good luck with your selling most if not all of your BTC at around $100k.. You will likely need it.  No guarantees.

..... finds it more profitable than holders where they all wait for the circle to take place.

Taking place connotes of having patient to either wait for the entire 3years to 4years

Oh wow!!!! you have a very long investmetn time horizon.. a whole 3-4 years.  Wow.


 
to be able to enjoy the massive changes that leads to a newer part creation that we in particular calls All Time High. However the real holders understand that despite having ATH there is one thing for sure that we must witnessed another again and continually we shall see many phases of bitcoin prices increase and changes., Hence 2025 may not be a favorable year for bitcoin price to spike rather, predicted October 2024., However you could be right or I maybe wrong but based on speculation and assumption we can't just give a total out look of bitcoin price.

Unless you are dying or planning on retiring and living off your bitcoin, it is likely better to be thinking out further than 3-4 years.. but hey... do what you like.

Real profits from bitcoin are likely going to play out for several cycles, and anyone wanting to truly be rich from their bitcoin are hopefully thinking about how to manage their bitcoin portfolio within longer time horizons.. otherwise you may well be left with way fewer bitcoin than you could have had and merely holding on to fiat or whatever else you are planning on buying with your bitcoin, and nothing much to show for what "could have been." 

BTC $100k by 2024 wow that's good, so which means now is the best time to hold and accumulate more and more BTC so by the end of the year we might all have something wonderful, besides if Bitcoin will reach that amount by 2024 we should have been seeing some signs by now, is not that am having a dauth but thats the truth, we are all hoping for it, well Bitcoin hits $100k there will be more traffic in the market because alot of people will be tempted to sell there coin like it once happened.
For now there is no sign of the most specific for this. But if you look at the level of correction in the price of Bitcoin itself in the last two months, I think you can also take this as a sign that Bitcoin still has square off to increase more at the end of this year. But I wouldn't say that the increase is for $100K, because there are a lot of price levels that Bitcoin still has to break within this year if the target is for $100K next year.

This year leaves only five months left and in the next five months I still believe that the price of Bitcoin will experience a lot of changes, especially changes in terms of increases. Because lately there are not many bad things that can affect the decline in the price of Bitcoin in the market so that Bitcoin has the opportunity to increase again with a note that there must be more interest in new people or new investors who want to buy Bitcoin every month without thinking about releasing it again before next year.

You seem to be placing a lot of conditions upon king daddy in order for its price to go up.

BTC's price can go up very quickly and several multiples and magnitudes in a very short amount of time.

Of course, it does not go straight up, but sometimes the momentum creates more momentum, so going up 2x or 3x or even 10x from here may well not take very long, even if there could be several corrections along the way.

Sure, you could be right that it takes until the end of next year and even longer for a 3x from here to actually play out, but I would not be so smug about placing conditions on king daddy as if you believe that you happen to know something about how it might be limited.. especially if you may well not be sufficiently/adequately accounting for where BTC is in light of the likelihood that we are still in early stages of an exponential s-curve adoption curve that is propelled by network effects and metcalfe principles... so if you are thinking/framing and limiting dee cornz as if it were a mature asset class, then you likely do not really understand dee cornz.... and you are mixing it up with something else...

Of course, there are no guarantees, and your idea of slow and gradual and many resistance points for the next couple of years could end up playing out.. but then again, it might not... hopefully you have enough cornz and you do not sell too many of them at various points along the way in which you believe that there are "resistance points."

If you look at the current market situation it looks like the price of $ 100k will be difficult to reach in 2024, of course everyone hopes that the presence of a halving day will make a fantastic price spike as it has happened before, but if you look at it when the price goes past $ 30k and fails again it seems like it will take time much longer to reach $100k.

Yes.  It frequently feels like bitcoin price is NOT going to go up.

Until it does.

Do you even understand what is bitcoin?

Maybe go back to the drawing board and study a wee bit moar better.

#justsaying.

The rally must come, if not this year then the following year,

And, if not the following year, then the year after that, and if not that year then the next year.

Yes, I agree with your statement, as modified by me.

I think expectations in bitcoin are not a problem because prices always reach record highs as for the matter of time then we have to be a little patient to wait for it, the bullrun moment must come we must prepare from the beginning to start it.

Your use of the term "always" is problematic.

There are no guarantees.

Bitcoin is a great (if not the best) assymetric bet to the upside, but that does not mean that the upside has "100% odds" of happening... The word "always" assigns 100% odds to the ATH being broken.. which is categorically not true.  You have made a mistake in logic and a mistake in language to reflect your logic.

Don't think about time if we pay attention to it then it will get bored seeing the chart there is no increase in the rally, keep using strategies to gain bitcoin while still able, if it's a matter of prediction then this is endless all have their own numbers for bitcoin in the future, but I am optimistic that 100k is close enough to the previous ATH.

Well bitcoin price as a product has the time element contained therein, and the ONLY time that we know about is right now.  Right now, as I type this post, BTC is priced at about $29,200.... 100% true at this particular moment of submitting this post.

So if we pick a time in the future, then we have to try to figure out what is the probability that the BTC price will go to that price or that range of prices within the time that we pick.  Once the time happens, then the price either made it there or not ended up being whatever it was when it passed through that time.

Some people assert that I can choose a price that bitcoin will reach, but I cannot necessarily choose the time in which it will get there... and then we can also suggest our times as ranges too... or I could say that at some time prior to December 31, 2024, BTC will reach $100k (but I am not saying when and I am not saying if it will be sustained).

Sure, if you work with BTC price ranges and time ranges, then it is more likely that the BTC price would get within a range at a particular time, or maybe there are ways to make the price ranges really broad and the time range pretty broad too, and then it becomes more likely that the price prediction will be correct within the timeframe.

We can pick bottoms and tops too.

I personally prefer to figure out bottoms, but most people seem to get focused on the shininess of tops that may or may not end up happening... but the bottoms are something that we can say that we might consider that the price has good chances of not going below that bottom, and surely the 200-week moving average has traditionally been one of those kinds of bottoms that does not get breached too often or too easily.  It reflects the average weighted bitcoin price for the past 4 years, and throughout all of BTC's history it has not been breached very often.

Sure, it was breached a lot and even for extended periods of time for about 8 months starting from June 2022, but it usually does not get breached too easily and the BTC spot price usually does not stay below the 200-week moving average for very much time at all.. maybe a few days or a week or two at most, and right now, as of yesterday, the 200-week moving average is at 27,113, and it is moving up at about $15 per day.  Not bad.. Not bad...

If the BTC spot price goes up to higher levels then the 200-week moving average will tend to move up at a faster pace, too.. the slope becomes steeper.  You can see in the history of the 200-week moving average in this chart.

But, yeah, in this thread we are talking about tops, not bottoms, and of course, even if we are not planning to sell our BTC, we still might want to consider its value in terms of the top, and then also if we want to engage in BTC portfolio management, maybe we want to consider how much distance is between the bottom or the top in order to helop us to consider how much (if any) BTC that we might want to sell.  So if it takes all the way until the end of 2024 for the BTC price to move up to $100k, then it may well end up that the BTC price is not very high above the 200-week moving average, especially if the 200-week moving average continues to move up about $15 per day.

So if there is 515 days until the end of 2024, and if the 200-week moving average continues to move up $15 per day, then the 200-week moving average would be right around $35k  ($27,113 + $7,725). 

We should realize that throughout bitcoin's history it has been in a battle, so it does not tend to move in stable kinds of ways, and it has had recent peaks that were  16x (in December 2017) and 5.5x (in March 2021) above the 200-week moving average.  So getting 3x above the 200-week moving average seems within reasonable reach.. even though again, it surely is not guaranteed... and another thing is that the 200-week moving average may or may not continue to move up at the same pace.. it could move up faster or it could move up slower, but it could still be a decent measure in regards to figuring out how far the spot price happens to be above it (or below it in the rare cases that BTC prices have ended up going below the 200-week moving average).

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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August 01, 2023, 11:21:59 AM
Merited by fillippone (1)
 #292



65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

The earlier some of us wake up from this dream of Bitcoin hitting $100k before the end of this year the better for us. Is it a wish or expectation, like what are we gonna call it?
The only way this dream (if I should call it that) is going to manifest is either we have Bitcoin prize hitting $40k before the end of this month or next month and stays there, that's when I'll believe it will happen.
Not that I'm against your opinion OP but if you look at how the prizes are going up and down then you'll see why I'm not fully open to the idea of it getting to $100k by the end of this year.

R


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August 02, 2023, 12:20:27 PM
 #293

I was expecting that price last rally but it finished earlier than most expectations. This time we are pretty sure we will see that price tag. This target is something that is expected by almost everyone and there is no reason for it not to happen.
I'm not so sure about the time though. We may see it in 2025 if not 2024. I don't have a top price prediction but wish it will go as higher as possible.
The rally must come, if not this year then the following year, I think expectations in bitcoin are not a problem because prices always reach record highs as for the matter of time then we have to be a little patient to wait for it, the bullrun moment must come we must prepare from the beginning to start it.
Don't think about time if we pay attention to it then it will get bored seeing the chart there is no increase in the rally, keep using strategies to gain bitcoin while still able, if it's a matter of prediction then this is endless all have their own numbers for bitcoin in the future, but I am optimistic that 100k is close enough to the previous ATH.
Now I think this is important, just like you expect something is a natural thing, but if I may suggest not to set a time frame, like for example in 2024 the price must reach 100k. I'm not going to blame anyone for expecting that, but don't be disappointed if it doesn't happen.

I understand that we want to get to that point quickly, but usually if it's overwhelming then our patience will be at stake, meaning we'll get annoyed every time we see the price continue to stay at that number. Like for example the current price doesn't seem to want to go beyond 30k.

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uswa56
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August 02, 2023, 02:25:48 PM
 #294

Now I think this is important, just like you expect something is a natural thing, but if I may suggest not to set a time frame, like for example in 2024 the price must reach 100k. I'm not going to blame anyone for expecting that, but don't be disappointed if it doesn't happen.

I understand that we want to get to that point quickly, but usually if it's overwhelming then our patience will be at stake, meaning we'll get annoyed every time we see the price continue to stay at that number. Like for example the current price doesn't seem to want to go beyond 30k.
Expectations that are too high indeed often destroy our plans, I think the price of 100k is very possible to achieve but it's not certain when that will happen, it could be in 2024 or in the following years.
I believe in ATH that comes in 4 years and if we look at Bitcoin's last ATh in 2021 then 2024 or 2025 is very possible for us to be able to see the highest price of Bitcoin again and in my opinion the price of 100k is quite possible to achieve.
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August 02, 2023, 04:26:58 PM
 #295

It is great to hear people talk about the benefits of Bitcoin apart from keeping it as an investment. It is great to know that you are using Bitcoin to engage in international trade. Bitcoin has the potential of helping businesses to invade financial restrictions placed on individuals or businesses in some nations.

Regarding the $100K price mark next year, I believe it is possible. There is a prediction by Standard Chartered that Bitcoin will get to $120k this next halving. It is not bad to target next year to make a profit but having a plan further than next year should be the focus of long-term investors because bitcoin has the potential of going above all recent predictions. You can sell to make some profit, but keep hodling for the future because you might never be able to re-buy what you have sold in the future with your selling price
Bitcoin halving time moment has significant impact on the price of bitcoin, it is possible that bitcoin will reach its highest price in 2024 but before the halving time is coming. I don't sure with Bitcoin predicting price for 2024 possibility reach until 100k dollar because current price seems not support yet for bitcoin raise more than 300% based on price Bitcoin right now under 30,000 dollar.

I have been focus for long term investment actually until one month left before halving to sell bitcoin funds, I believe near close with halving bitcoin can raise up to higher price and get chance for selling on the top price before correction after halving time. But unpredictable before or after halving time depend on supply and demand then how enthusiast from investor and bigger company want to adopt bitcoin for payment currency.

R


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wmaurik
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August 04, 2023, 01:57:40 PM
 #296

Expectations that are too high indeed often destroy our plans, I think the price of 100k is very possible to achieve but it's not certain when that will happen, it could be in 2024 or in the following years.
I believe in ATH that comes in 4 years and if we look at Bitcoin's last ATh in 2021 then 2024 or 2025 is very possible for us to be able to see the highest price of Bitcoin again and in my opinion the price of 100k is quite possible to achieve.
Besides looking at the previous ATH achievements in Bitcoin, everyone also needs to see how the market conditions and Bitcoin prices will be in the next year and the following year. Because in 2021, market conditions along with more good news about the crypto space convinced more people to buy Bitcoin and resulted in a very extraordinary increase in the year. I don't think that ATH will happen by itself in the market if there are not more people interested in buying any amount of Bitcoin.

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August 04, 2023, 06:41:29 PM
 #297

It is great to hear people talk about the benefits of Bitcoin apart from keeping it as an investment. It is great to know that you are using Bitcoin to engage in international trade. Bitcoin has the potential of helping businesses to invade financial restrictions placed on individuals or businesses in some nations.

Regarding the $100K price mark next year, I believe it is possible. There is a prediction by Standard Chartered that Bitcoin will get to $120k this next halving. It is not bad to target next year to make a profit but having a plan further than next year should be the focus of long-term investors because bitcoin has the potential of going above all recent predictions. You can sell to make some profit, but keep hodling for the future because you might never be able to re-buy what you have sold in the future with your selling price
Bitcoin halving time moment has significant impact on the price of bitcoin, it is possible that bitcoin will reach its highest price in 2024 but before the halving time is coming. I don't sure with Bitcoin predicting price for 2024 possibility reach until 100k dollar because current price seems not support yet for bitcoin raise more than 300% based on price Bitcoin right now under 30,000 dollar.

I have been focus for long term investment actually until one month left before halving to sell bitcoin funds, I believe near close with halving bitcoin can raise up to higher price and get chance for selling on the top price before correction after halving time. But unpredictable before or after halving time depend on supply and demand then how enthusiast from investor and bigger company want to adopt bitcoin for payment currency.

We already know that bitcoin can perform a 3x price increase in a relatively short period of time, especially if momentum starts to go in that direction, and we witnessed exactly that in early 2019 when BTC price went from $4,200 in early April up to $14,880 in late June, and there is no reason to believe that bitcoin's current price dynamics, or where it is at in it's adoption phase, or its potential for taking advantage of momentum or its investment thesis is any weaker today than it was in early 2019.

So short-term we cannot make any exact predictions regarding how some of BTC price dynamics and/or momentum is going to play out, even though we should be able to recognize and appreciate that bitcoin has not really given up any of its possible upwardly explosive potentiality, even if there seems to have hade been a decent amount of downward price pressures and quite a bit of consolidation in sub $35k price ranges for more than 14 months.

There are actually some people who believe that some of the seemingly large amounts of BTC price suppression going on the past year or so likely contributes to more potentialities that BTC prices could explosively shoot upwardly in a short period of time, so it would seem good for any of us who are either consistently holding onto BTC or stacking BTC to continue with our building of our own strengths in terms of stacking and holding onto sats, without necessarily going overboard in terms of any leverage that we might choose to deploy whether that is merely stacking more than our available cashflow or even getting cashflow from other places in order to buy BTC, we always need to be careful regarding the extent that we might choose to overdo our stacking, and even to consider whether it is even necessary, practical or prudent to be overstacking... in terms of our ongoing preparations (and being prepared) for possible UPpity that may or may not end up coming.

Expectations that are too high indeed often destroy our plans, I think the price of 100k is very possible to achieve but it's not certain when that will happen, it could be in 2024 or in the following years.
I believe in ATH that comes in 4 years and if we look at Bitcoin's last ATh in 2021 then 2024 or 2025 is very possible for us to be able to see the highest price of Bitcoin again and in my opinion the price of 100k is quite possible to achieve.
Besides looking at the previous ATH achievements in Bitcoin, everyone also needs to see how the market conditions and Bitcoin prices will be in the next year and the following year. Because in 2021, market conditions along with more good news about the crypto space convinced more people to buy Bitcoin and resulted in a very extraordinary increase in the year. I don't think that ATH will happen by itself in the market if there are not more people interested in buying any amount of Bitcoin.

It seems that bitcoin adoption continues to grow and grow and grow, even if sometimes it can be difficult to really perceive on an ongoing basis, so in that regard, it seems almost inevitable that at some point the BTC price is going to go up more, but it still can be difficult to have confidence about when or by how much such uppity prices will take place (if they do). 

It seems to me that anyone with any brains (meaning has any amount of looking into bitcoin and realizing what the fuck bitcoin is) should be preparing for the possibility of BTC going up.. whether it goes up or not, that might be another story.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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