2024 will determined bitcoin fate

[Zanab247]

Don't forget that the price of BTC is unpredictable, it can still decrease down through out this year and next year just to disappoint those that think the price used to increase every five years. I guess there will be massive pump before the end of this year because, we have seen massive moved of BTC price from $17k to $30k that made many people believed that this year and next year will be a better year for BTC investors because the price show good signal early this year . If you have money, I will advise you to use this period to buy BTC and hold because there will be steady pumping that will last till next year before the price will decrease down again.

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[Jating]

Many expectations of bitcoin this year failed, but I notice that bitcoin always breakout into a new price after interval of five years, the last massive explosion of price was between 2017-2018 and since then, bitcoin has not record major price increase. Now if you calculate from 2018 to 2023 that's about 5 years though because of policy of economic inflation and influence the price has not gain its actual strength to break resistance limits and if the remaining quarter of the year fails even more, then we should expect 2024 to 🔥🔥🔥🔥🔥🔥 fire. We should start to make plans for 2024 more buys more gains.

I'm sorry but the bull cycle is like every 4 years, 2017 -> new all time high $19,+++, next in 2021 new all time high, $68,+++. So if the pattern continues then 2025, we might see another all time high.

So I will suggest to you to look back and bitcoin's past performance.

As for you advise of buying more, yeah, do DCA. But the best time to buy or accumulate is at the start of the bear market. But then again, we still have less than a year before the halvening so it's not too late.

[Mr.suevie]

Many expectations of bitcoin this year failed, but I notice that bitcoin always breakout into a new price after interval of five years, the last massive explosion of price was between 2017-2018 and since then, bitcoin has not record major price increase. Now if you calculate from 2018 to 2023 that's about 5 years though because of policy of economic inflation and influence the price has not gain its actual strength to break resistance limits and if the remaining quarter of the year fails even more, then we should expect 2024 to 🔥🔥🔥🔥🔥🔥 fire. We should start to make plans for 2024 more buys more gains.

2024 will probably be a pretty smooth but not parabolic uptrend. I expect 2025 to be the year that bitcoin really moons for this cycle so we have a little time to go until the fun really starts. Cheap coins are still a thing, probably a good time to load up whilst we’re still under $50,000.

I also think thats how the whole cycle will play out but no one can tell as all this are just mere speculation on the much expected halving which is supposedly going to take place next year. But the previousl halving was 2020 but the whole pump up of the price didn't actually happen in 2020 but it took place in 2021 where the price actually sky rocketed to around 68-69k and I know every bitcoin is eager to see what the next halving has installed in terms of folks actually hoarding BTC.

[Ojima-ojo]

You are analysing wrongly. Check 2020 and 2021 and see what bitcoin price were. Bitcoin hit all-time-high in 2021. So how come your statement that 2017/2018 was bull year for bitcoin is correct?

2018 was a bear market for bitcoin, just like 2022.

But many people are expecting 2034/2025 to be great and expecting all-time-high because of bitcoin halving. Psychologically, people think bitcoin price will increase after halving.

That is the fact I think the ops seems have confused the bear market year to the bull market and his thoughts are driven by the 2017-2018 bull market where Bitcoin reached $19,000+ before it slide back into a long period of a bear market.


2021-2022 saw Bitcoin touching another price high that has not been broken up till now unless Bitcoin breaks a new high above the 69k-70k it recorded in the last bull market price.


So from all analysis of the matter, I think ops is an off point and is out of the base to say that ever since the period he mentioned that Bitcoin has not recorded any remarkable price movement even in the recovery direction.

[The Cryptovator]

It appears that you overlooked the significant bullish trend in 2021. However, I don't necessarily agree with your calculations. Bitcoin seems to be in a bullish mode at the moment and could experience a price surge at any time. All it needs is a few positive news events and increased adoption. We witnessed how the price of Bitcoin jumped from the $25,000 zone and has since maintained strong positions. I firmly believe that we should prepare for another bull run that has the potential to surpass previous records.

[GeorgeJohn]

Let say bitcoin price throughout last year is when we experience bearish and if this your analysis come up that time i would have embrace or welcome this your analysis, because i noticed that Bitcoin since this year Bitcoin is showing positivity and comparing the increment of Bitcoin in 2017 and the increment of bitcoins now, i will say is totally different because i believe that Bitcoin price now have not reach to that specific or particular price, but what i know is that Bitcoin have been doing well since this year and we are expecting such increment of 2017 to happen in 2024 and 2025

[Dr.Bitcoin_Strange]

Many expectations of bitcoin this year failed,

Yes, many newbie Bitcoiners expectations failed this year, and I can agree that's the right statement to use. Quite a lot of old or experienced Bitcoiners have been used to the market and price history of Bitcoin, and some Bitcoin analysts usually read the candle of Bitcoin and are able to predict a close price of what the next Market trend can be, despite the fact that they are not always accurate in the price prediction. At least a lot of Bitcoiners know when the bear market is in play and they expect less, but when the bull market is set to come, that's when expectations are big, like the way some people are beginning to say that the next bull market will create a new all-time high for Bitcoin.


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

[Franctoshi]

Many expectations of Bitcoin this year failed, but I notice that Bitcoin always breaks out into a new price after an interval of five years, the last massive explosion of price was between 2017-2018, and since then, bitcoin has not recorded a major price increase. Now if you calculate from 2018 to 2023 that's about 5 years though because of the policy of economic inflation and influence the price has not gained its actual strength to break resistance limits and if the remaining quarter of the year fails even more, then we should expect 2024 to 🔥🔥🔥🔥🔥🔥 fire. We should start to make plans for 2024 more buys more gains.

You need to do more research regarding the previous bull and bear market cycles to come up with a better explanation for this, From your analysis, it seems like you were not there during the year 2021 bull run that got us to 69k.

Yeah almost everyone is looking up to 2024 Bitcoin halving but I don't think it is going to be 2024 that Bitcoin may likely make new ATH, the reason is that the market moves in a corrective way,  so before we see new ATH kickstart officially it will enter 2025 in my opinion.

[serjent05]

Many expectations of bitcoin this year failed, but I notice that bitcoin always breakout into a new price after interval of five years, the last massive explosion of price was between 2017-2018 and since then, bitcoin has not record major price increase. Now if you calculate from 2018 to 2023 that's about 5 years though because of policy of economic inflation and influence the price has not gain its actual strength to break resistance limits and if the remaining quarter of the year fails even more, then we should expect 2024 to 🔥🔥🔥🔥🔥🔥 fire. We should start to make plans for 2024 more buys more gains.

Are you sure you had looked at the Bitcoin price history?  It looks like you year interval is not spot on.  Bitcoin got its ATH on 2013, 2017, 2021, so it is 4 year interval, the year 2024 is for the halving and many hope that the year 2025 will be another all-time high record-breaking again.

the last massive explosion of price was between 2017-2018 and since then, bitcoin has not record major price increase

Are you sure about this?  The last time I look Bitcoin records its ATH last 2021 how can you say that Bitcoin does not record major price increases after 2018?  I think you need to look at the price history again to make sure that you won't mess up on the year next time.

[nurilham]

-snip-the last massive explosion of price was between 2017-2018 and since then, bitcoin has not record major price increase.

The last bullrun was in 2021, BTC hits $68k-$69k. 2022 and 2023 are the bearish time, it is the wrong time to expect a major increase. You need to check again the schedule of bearish-bullish season, set a realistic target on the right time.

Here are the previous bullrun seasons and the next bullrun schedule. (4 years cycle)

2010
2011
2012
2013

2014
2015
2016
2017

2018
2019
2020
2021

2022
2023
2024
2025

Now if you calculate from 2018 to 2023 that's about 5 years though because of policy of economic inflation and influence the price has not gain its actual strength to break resistance limits-snip-

The next bullrun schedule is in 2025, why do you count it from 2028 to 2023? It should be from 2022 to 2025.
Anyway, the current economic situation seems to bring no impact on the bullrun scheme. In 2021, we were experiencing Pandemic and the economic situation was getting worse. But bullrun still happened in 2021 and the bullrun season still came as expected.

[hatshepsut93]

You aren't telling us anything new when you are pointing out that a halvening is coming soon, and traditionally it meant a bull run.

But what you and everyone should remember is that patterns may or may not hold. If a pattern is backed by some mechanism, then it's a rule. If not, than it's just a pattern that will likely break at some point.

It's not clear why Bitcoin was having these bull runs in the past. Was it the objective effect of reduced supply coming from mining, or was it more of a self-fulfilling prophecy?

[blue Snow]

Many expectations of bitcoin this year failed, but I notice that bitcoin always breakout into a new price after interval of five years, the last massive explosion of price was between 2017-2018 and since then, bitcoin has not record major price increase. Now if you calculate from 2018 to 2023 that's about 5 years though because of policy of economic inflation and influence the price has not gain its actual strength to break resistance limits and if the remaining quarter of the year fails even more, then we should expect 2024 to 🔥🔥🔥🔥🔥🔥 fire. We should start to make plans for 2024 more buys more gains.

That interval time is always happens on the US elections time, and because of that the prices always fluctuate following new policies from new government. we shouldn't panic and have to calm down to follow the situation because circumstances always turn around and give benefit to holder. Sometimes a new policy take impact on front only, because it will adjust the situation, after that, a week, a month and year, that impact is slowly down following the bitcoin price starting to rise again.

[SeriouslyGiveaway]

Many expectations of bitcoin this year failed, but I notice that bitcoin always brekout into a new price after interval of five years, the last massive explosion of price was between 2017-2018 and since then, bitcoin has not record major price increase.

In 2017 - 2018 bull run, Bitcoin has x20 rise. In 2020 - 2021 bull run, it has like x3 rise. From $1000 to $69,000 within 2017 to 2021 is very big growth. It can not have a stable x20 growth for every four year bull run. When the price is higher and higher, I expect that its bull run in future will have become smaller and smaller.

Now if you calculate from 2018 to 2023 that's about 5 years though because of policy of economic inflation and influence the price has not gain its actual strength to break resistance limits

From $1,000 to $69,000, it is x69 for your capital if you hold. Do you expect it will break a 2020 - 2021 all time high in a bear market? Be realistic please.

if the remaining quarter of the year fails even more, then we should expect 2024 to 🔥🔥🔥🔥🔥🔥 fire. We should start to make plans for 2024 more buys more gains.

What does it mean?

You sentence sounds like you will be disappointed if it falls more, fails to break resistances.

Bitcoin: Bull and Bear market durations and price performance 365 days after halving.

[Wrathofcoins]

Another shitthread made by a newbie who doesnt know nothing.

Man all the years we see this kind of stuff and threads related, the next year other guy comes and say "2025 its gonna be....." like you say most of predictions fails and this its other predictions so by your own logic this its gonna fail.

I know i sound really harsh but its the truth.

[landheer]

in the world of crypto there is always a bear market and a bull market, and because of this I see the uniqueness of the crypto market that makes me interested in investing in btc. but what I know is that the highest price of btc during the BUL RUN is in 2021, just try to check again with you.
I don't think we will know with btc at the 2024 HALVING, but I expect in 2024 and 2025 the price of btc will go up a lot.
but in this case we have to be good at setting strategies because investing in btc requires a good strategy.

[xSkylarx]

Bitcoin hit ATH last year in 2021. I think you lost count, but nothing less than a lot of us are really expecting another ATH or bull run next year, and the following year, as we know, is the halving next year, and a lot of us right now are saving bitcoins. But again, it ain't guaranteed that it will happen, but if we base our predictions on the past, there are really bullruns that happen after a few months or years. Let's just be patient on it.

[bettercrypto]

Many expectations of bitcoin this year failed, but I notice that bitcoin always breakout into a new price after interval of five years, the last massive explosion of price was between 2017-2018 and since then, bitcoin has not record major price increase. Now if you calculate from 2018 to 2023 that's about 5 years though because of policy of economic inflation and influence the price has not gain its actual strength to break resistance limits and if the remaining quarter of the year fails even more, then we should expect 2024 to 🔥🔥🔥🔥🔥🔥 fire. We should start to make plans for 2024 more buys more gains.

That's why it happened because Bitcoin is volatile, that's the risk that can be faced by those who buy it, that's why those who plan to invest in bitcoin are always reminded in this Bitcoin industry in this field.

Now, because many people have witnessed that as time goes on, everyone has seen that the value of bitcoin in this regard has not decreased but rather increased, so it can be said that it is good for long-term investment and many investors are do it now and in the future to come actually.

[pooya87]

Many expectations of bitcoin this year failed,

There are two mistakes that you are making here.
First is that you think bitcoin is a profit machine that should give outrageously high profit to the "investor" every year. That's not true. Bitcoin is the only existing decentralized money and it is working fine as that.
Second is that you are ignoring what happened to the world economy. You can't see inflation and recession at the same time in at least half the world (mostly EU and US) and not see its effects on bitcoin.

~ 2017-2018 and since then, bitcoin has not record major price increase.

What was the $70k peak then?!

Now if you calculate from 2018 to 2023 that's about 5 years though because of policy of economic inflation and influence the price has not gain its actual strength to break resistance limits

That's because inflation didn't hit the world alone, it was accompanied by recession and in a recession people liquidate everything of value they have to be able to have money to survive. They aren't buying things like bitcoin. Hence the lack of "exploding rises".

I don't see this changing anytime soon either. There is a good chance that we will see rises but nothing like 2017 exactly because of the ongoing recession that will only get worse as we get close to yet another winter with energy crisis in Europe.

[DapanasFruit]

What are you talking about?

No the interval isn't five years. The market cycle is four years, and followings the halving cycle. Last big market cycle bull run was not 2017, it was 2021. Next one will be 2024/25.

And no, this doesn't determine Bitcoin's fate. Bitcoin is continuing to grow like it always does, and go through its 4 year market cycles like it always does. Nobody is wondering or worried about Bitcoin's fate.

I fully agree with this. Bitcoin enthusiasts and supporters know that Bitcoin will eventually fulfill its fate and destiny though of course there can be some debate on what that fate is. What can happened in 2024 will surely be a part of is exciting history but it will surely not be a make or break one. Surely, 2023 is the best year to accumulate Bitcoin though of course one has to be always mindful of the risks involve.

[kamvreto]

~snip~Now, because many people have witnessed that as time goes on, everyone has seen that the value of bitcoin in this regard has not decreased but rather increased, so it can be said that it is good for long-term investment and many investors are do it now and in the future to come actually.

Over time the price of Bitcoin goes up and there is also a decrease (of course). Price fluctuations will put pressure on investors whether they are strong enough to hold up to high prices or not. Bitcoin is a good main digital asset for the long term. Not without reason, looking at the history of Bitcoin so far, Bitcoin is quite promising for the long term. Reaching a new ATH is Bitcoin's goal when it comes to Halving events. We just have to see if Bitcoin is able to achieve it or not and at least hold on to some Bitcoins for the long term.