2024 will determined bitcoin fate

[Blitzboy]

Bitcoin's five-year cycle is intriguing. However, Bitcoin is more of a notion than an investment. Instead of cyclical tendencies, its price is driven by its unique value proposition as decentralized, permissionless money. Our shared philosophy is mirrored in the market.

Bitcoin is affected by government economic policy. Indeed, Bitcoin's resistance to inflation and political forces proves its ideals are sound. It continues to break perceptions about currencies, creating prospects for financial freedom.

Your optimistic 2024 forecast is brave. Your enthusiasm for the price hike is contagious. Let's have the confidence to trust Bitcoin, keep our word, and pursue future benefits.

[1715123452]

1715123452

[kotajikikox]

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.

Because they are stupid to expect in a year before halving in which trying to seek for good growth when we already knew it is more than impossible to happen as we have seen for how many times that the 4 year cycle keeps hitting the market.
maybe best to understand the market first before engagement so you will not become one of those losers.

[Mpamaegbu]

Take a look at the trend over the years of bitcoin price below:
bitcoin (btc) halving:
2016 btc halving
price = $661
after a year = $2,600
2020 btc halving
price = $8,600
after a year = $58,000
2024 will be the next halving...

I don't know where you got your data from but for the two I crossed out, they're both wrong. Price went to $18k+ in 2017 after 2016 halving. It did $68k+ in 2021 after 2020 halving also. You may want to crosscheck all that. Anyway, my perspective based on historical data is that 2024 halving will throw in nothing less than $120k as ATH in 2025. It may look an uphill task now but surely it a level ground to speed through when the rally begins.

[Outhue]

This is why my mind is on the year 2025, because I believe that's when BTc will make a new all time high again, but still I have a very disciplined mind here, we can be expecting a price surge in November 2023 and another big pump happen, many people who aren't disciplined enough will probably lose the zeal to carry on.

Either ways, it will still favor someone like myself because I see every Bitcoin movement, either up or down as an opportunity, it's going to be a good future I believe.

[Prestongold]

. Bitcoin is the only existing decentralized money and it is working fine as that.

For the fact that bitcoin as a decentralized money doesn't have daily transaction limits for wallets which make Bitcoin an exceptional financial tool that breaks all the limitation placed by the financial system.

[Stella Mese]

I don't think it's right for you to say that this year's bitcoin hopes are doomed because as you know this year is not over yet.
and it looks like you forgot about 2021 when the btc price was skyrocketing, i.e. around $66900

yes, I think this year is the right moment to buy as much btc so we can make big profits, and get ready for the next BUL RUN.
but for people who have experience in the field of btc, of course they won't be surprised by what is happening to the current market and you need to know that btc has a fluctuating nature.

[blockman]

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.

Just chill, there's the 4 year cycle and that's why after the bull run that we've experienced in 2021, we're heading to the next 2 years which is likely where the bull run is about to come.

We should start to make plans for 2024 more buys more gains.

I've got plans already for that year and that's just to chill and accumulate while I can. Halving is gonna happen by that year and we all know the effects and impacts of it.

The majority has already got that thinking that the bull run is inevitable for the upcoming years to come and so if you're having no plans yet, you should do now.

[Lucius]

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.
~snip~

Although most people think that OP wrote something wrong when referring to 2017/18 as the time when the last major price change occurred, if we take into account that at the beginning of 2017 the price of BTC was only $1000, then the increase from even x20 to the end of that year is by no means comparable to what happened in the period 2020/21 when the price increase was only x3.5 since the last ATH. Realistically, from the perspective of many small investors, we cannot say that they are wrong, at least as far as profiting from such events are concerned, regardless of whether it is a period of 4 or 5 years.

As for 2024 as the year I don't think it should be given any special significance when it comes to Bitcoin, but the whole obsession with halving and the possible big bull run in the period after that is just a logical continuation of the game in which everyone wants to ensure the best possible position.

[RockBell]

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've read numerous reviews from people claiming to be able to predict the Bitcoin price, but the market is unstable and constantly fluctuates due to a variety of factors, including trends and other social influences. I can still clearly remember that in 2015, nobody anticipated that Bitcoin would eventually reach a price of $60,000. Even with technical analysis, predicting the future of Bitcoin is not a sure thing at all and all some people do is predict with the help of historical data. am very sure when the bull run starts it is going to be a hit am very sure of that. Using old data to predict what will happen is not for Bitcoin at all.

[CryptoHeadlineNews]

2012 btc halving
price = $182
after a year = $510
2016 btc halving
price = $661
after a year = $2,600
2020 btc halving
price = $8,600
after a year = $58,000
2024 will be the next halving..

So in regards to the analysis you just gave above, I will like to elaborate more in the percentage format trying to see how much percentage did the value of Bitcoin went the next year after halving which will give us a clue what to expect after next year's halving as I will be presenting it as follows.
2012 btc halving price = $182
After a year = $510 (which was almost 300% increase)

2016 btc halving price = $661
After a year = $2,600 (which was also another 400% increase)

2020 btc halving price = $8,600
After a year = $58,000  (which was almost 700% increase)

So if come next year 2024 lets assume if the price of Bitcoin still remains $30k per BTC, a year later the value is likely to go almost 300% to 400% increase, if not 700% increase. (i.e roughly from $90k per BTC to $200k per BTC)

[Nrcewker]

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.

We have seen Bitcoins follow 4 year cycle to reach new all time high price. So yes for that reason people are assuming late 2023 and 2024 will be big for the coins. I have also witnessed Bitcoins falling bad in 2020 and breaking records by touching 69k usd price in 2021. So yes, unlike the others, I also have faith in Bitcoins, and like always it won’t disappoint us. Regarding Bitcoin’s fate, then people will still trade it, if it doesn’t cross 50k usd by the end of 2024. So let’s hope for the best.

[yudi09]

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.

You just need patience and strength if you're still holding it. Make sure your grip is strong so it doesn't come off easily when there is a shock.
Who knows the big increase that is expected will not occur in 2024 which will make us have to be patient again for another year (2025).

Improvements always occur but not on a large scale. The effect of the highest price that occurs can be one of the causes for new people to have high hopes after the historic achievement occurred so that when the current price situation makes him think Bitcoin failed to meet expectations.

[Boomber]

many people predict and believe that 2024 is the year where the bullrun will occur and the price of Bitcoin can increase very high, because 2024 is the year for Bitcoin halving, so many investors believe that bullrun will definitely occur in 2024, therefore I also started doing DCA Bitcoin at this time, because when the bullrun does occur in 2024, then I will definitely get a big profit.

[riskarcher]

many people predict and believe that 2024 is the year where the bullrun will occur and the price of Bitcoin can increase very high, because 2024 is the year for Bitcoin halving, so many investors believe that bullrun will definitely occur in 2024, therefore I also started doing DCA Bitcoin at this time, because when the bullrun does occur in 2024, then I will definitely get a big profit.

Many whales know that but do you believe the next bullrun will come in 2024 ?? I don't think so, i thought many people in the world and whales will doing same as your startegy but whales is smart they can switch bullrun to 2025 and manipulate market to make it fear and got profit from them especially Big Investor blackrock has joined crypto market and they have startegy too for conquer of market crypto. Honestly i doubt bullrun will come in 2024

[Bitcoin_people]

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.

Basically the price of Bitcoin has been hovering around a flat spot this year. However, most investors predict that the Bitcoin market will pump again in 2024. It is hard to say how accurate this may be, but it is certain that the Bitcoin market will again set new records from previous positions. Right now the Bitcoin market in 2023 looks like it could turn into a bull market in 2024. We have seen the Bitcoin market hit its record high in 2021 which is the highest high hit in history. But people have made many prophecies and they have already revealed their plans to us. Bitcoin market halving could happen in 2024/25 and this will make another new history for Bitcoin. And everyone expects Bitcoin to hit the highs.

[umbara ardian]

We are all too familiar with the terrible fluctuations of the Bitcoin price. Even volatility becomes the characteristic that people refer to for this digital currency in particular and the whole market in general. During the last recession of 2018, Bitcoin fell from nearly $20,000 to just over $3,000 per coin. But, just over the past 2 years, this digital currency has had a spectacular breakthrough with a price of up to 68,000 USD, nearly 3.5 times higher than the old peak. At the moment, the bitcoin price has dropped and is currently at 31.00 USD, but because of that, bitcoin has always been considered a mystery.

[topbitcoin]

This is why my mind is on the year 2025, because I believe that's when BTc will make a new all time high again, but still I have a very disciplined mind here, we can be expecting a price surge in November 2023 and another big pump happen, many people who aren't disciplined enough will probably lose the zeal to carry on.

Either ways, it will still favor someone like myself because I see every Bitcoin movement, either up or down as an opportunity, it's going to be a good future I believe.

If you calculate the calculation of the 4 year cycle, then the answer is that the most likely Bitcoin reaches the new ATH is that there is 2025, because ATH was previously created in 2021, I would also approve this if it was according to the 4 -year schedule, but that was not necessarily true it could be faster Before entering in 2025, or maybe more late, because we do not know what syntheses make Bitcoin rise at this time.

For example, if Bitcoin in the next one month is received in various countries, and many who echo Bitcoin, could be one month afterwards Bitcoin touched the highest level of the new level, beyond the technical calculations on the increase and decline in crypto prices could be encouraged with news sentiment. So it's quite difficult to predict, even though we have a schedule in 2025.

[Gallar]

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.

What makes you think that many of these bitcoin hopes have failed this year?

In my opinion, the current year is being lived, bitcoin continues to experience a fairly significant increase. Because at the beginning of January, the bitcoin price at that time was only around $ 17k, and now at the beginning of July the bitcoin price has reached $ 30k. In my opinion, with a price increase that reaches that much, bitcoin has experienced a fairly significant increase. So if you say, this year bitcoin has failed a lot, on what basis?

And in 2017 towards the beginning of 2018, at that time bitcoin did experience a very large increase in price at that time. From what I know the price of bitcoin in 2017 was $19k-$20k, and that was a big increase in market price indeed. But if you say bitcoin there hasn't been a big increase after that, maybe you forgot when bitcoin halved bitcoin in 2020 and experienced its highest price in 2021 in the price range of $ 64k. And that is the highest bitcoin price in history to date.

We should start to make plans for 2024 more buys more gains.

Maybe that's what many bitcoin investors want, buying as much as possible so that when bitcoin reaches a high price it can reap huge profits. Because in 2024 the halving will indeed occur that year, but everything is still in the shadows and no one knows what will happen to the bitcoin price that year. whether the price will experience a big increase, or just an ordinary increase. It's all still a secret, the most important thing as a bitcoin investor is to keep thinking positively.

[ringgo96]

Many predict that the value of Bitcoin will increase again in 2024, because the journey of bitcoin in times of crisis we have gone through several years that we have passed, although this is not certain to happen but we as crypto users must prepare ourselves to invest in several potential coins, especially bitcoin so that later everything we want we can get, Use the best opportunity possible so that later we are in one of the people who taste success.

[AnonBitCoiner]

We will experience halving next year so that year will be skyrocket. We did not see huge pump this year but we can say that present year is better than previous one so coming year will be better than current year therefore hope for the best and all will occur smoothly.

2022 was not a good year at all but as we look towards 2020 and 2021 so there was increase in price. The bad year is that year in which no increase occurs and not a single individuals get profit but instead of 2022 in every year holder of bitcoin earn huge profit. As you are talking about five years of duration that cycle repeat itself so I think that halving period is four years and halving repeats itself after four years and we are waiting for 2024 to see our next successful year.