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Author Topic: BTC 100K FOR 2024 !  (Read 2114 times)
KingsDen
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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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Agbe
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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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MoonOfLife
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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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CageMabok
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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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