Sebas.tian
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October 12, 2023, 05:37:24 AM |
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Everyone in the world is predicting the BTC price in the next bull run, but I tell you that no one can predict the market price with absolute certainty. There are predictions that BTC might touch $500,000 in the next bull run (extremely optimistic). Some are saying that price might be somewhere around $150k to $200k. I am of the opinion that that price might not cross $100,000 in this bull cycle (2024/2025), and we have to wait for another few years to see such highs.
Yes, there will be a great bull run that will make the price of Bitcoin to increase higher but it will not reach $200,000 and you can use the current price in the market to determine the future of the next bull run. I believe the price will hit $100,000 next year ending for those that invested in Bitcoin and other potential coins to begin to earn something good from their investment that will make them to invest in that particular coins when the price is down again in the market. Based on the long bearish investors are experiencing from the market show that the next bullish will run like two years to allow both long term holders and short term holders to benefit massively from their investment.
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DanWalker
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October 12, 2023, 10:09:45 AM |
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Everyone in the world is predicting the BTC price in the next bull run, but I tell you that no one can predict the market price with absolute certainty. There are predictions that BTC might touch $500,000 in the next bull run (extremely optimistic). Some are saying that price might be somewhere around $150k to $200k. I am of the opinion that that price might not cross $100,000 in this bull cycle (2024/2025), and we have to wait for another few years to see such highs.
Yes, there will be a great bull run that will make the price of Bitcoin to increase higher but it will not reach $200,000 and you can use the current price in the market to determine the future of the next bull run. I believe the price will hit $100,000 next year ending for those that invested in Bitcoin and other potential coins to begin to earn something good from their investment that will make them to invest in that particular coins when the price is down again in the market. Based on the long bearish investors are experiencing from the market show that the next bullish will run like two years to allow both long term holders and short term holders to benefit massively from their investment. Everyone knows that bitcoin is unpredictable, just like no one thought that bitcoin could go from $1 to $69k, so don't make any statements about bitcoin. I'm optimistic about the next bull run, maybe btc won't reach $500k but $200k is possible. The $100k goal is a nice number so everyone talks about it but this is too easy a goal for bitcoin to achieve. On what basis do you say the bull season will last 2 years? Even bitcoin's ATH we can't predict, don't make other meaningless predictions, there has never been a bull market in the past 2 years.
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Dunamisx
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October 12, 2023, 12:37:02 PM |
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The last bull run had everyone on the tip of their toes, a lot of people strongly believed that Bitcoin's (BTC) price was going to reach, or possibly cross, the $100,000 price range, which never happened. I don't see anything bad from landing at the Moon when you aimed the sun, $68,000 is somehow close to hundred thousand USD, if we also look back to where we are coming from to have achieved this $68,000 all time high, we can see alot of difference made that led to the rise of the market price, we cannot be always right about how we presumed bitcoin price to fall or rise, everyone is trying their own best to make sure we all have thesame encounter with the market rise in our favour.
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bayu7adi
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October 12, 2023, 01:21:17 PM |
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True and this is just my opinion. to be sure of reaching the price in question, for example up to 100K or more, it's better to be realistic about the nearest one, for example 70K in 2024, for the increase again of course we'll just look at the progress of the development again and later it will be easy to read because we're not the only fans Crypto alone monitors it, bankers also diligently follow the ups and downs and developments of virtual currencies, especially BTC.. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . Even though I might appear a bit conservative with not setting overly ambitious targets, a rise to $70k is not a bad outcome. Besides, many individuals are already contemplating the four-year cycle, known as the halving. Large institutions, of course, can't remain indifferent to this. It strikes me as odd when everyone seems to be able to predict the timing of bullish runs, as this can be heavily influenced by market demand, which might, in fact, decline during a rally. My aim is modest, but I'm not pessimistic about Bitcoin. A range between $70k and $80k appears the most realistic to me, preventing greed from clouding my judgment. If the pattern of a new ATH continually coincides with the halving, I wouldn't mind if my prediction proves wrong, and Bitcoin soars even higher. That wouldn't be a bad outcome for me.
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ShowOff
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October 12, 2023, 06:31:40 PM |
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- Everyone knows that bitcoin is unpredictable, just like no one thought that bitcoin could go from $1 to $69k, so don't make any statements about bitcoin. I'm optimistic about the next bull run, maybe btc won't reach $500k but $200k is possible. The $100k goal is a nice number so everyone talks about it but this is too easy a goal for bitcoin to achieve. I'll be honest that I'm not sure about $500k being the new ATH of the next bull run, but $100k is more likely to be expected. The price of bitcoin could surpass $100k if the demand and FOMO are really big, but it has to be supported by something big too. Poor economic conditions as well as inflation could likely have a positive impact on increasing bitcoin demand, but I don't expect that $500k to become a reality in the next 2 years. The halving and spot bitcoin ETF approval could drive bitcoin prices higher, but my current target is no more than $150k as the next high as a new ATH. The target may or may not be right, so it is not a condition that must be achieved.
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pawel7777
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October 12, 2023, 10:15:22 PM |
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Therefore, based on my study, I continue to believe that Bitcoin's ATH at this time might be between $80k and $100k; however, this may rely on the good news that comes out at the time the crypto market experiences its genuine bull run. Let's watch to see what transpires.
Did you apply any methodology and calculations or is it only a guess? I've seen a YouTube expert (so take it for what it's worth) explaining that we should see a minimum of around $75k, but that's not including any effect of the spot ETFs approval. Those ETFs could play a big role and make this cycle look very different than the previous one. But the effect doesn't necessarily be positive. If they get rejected (which is a possibility) there could be a pretty big sell-off.
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DanWalker
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October 13, 2023, 02:23:55 AM |
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- Everyone knows that bitcoin is unpredictable, just like no one thought that bitcoin could go from $1 to $69k, so don't make any statements about bitcoin. I'm optimistic about the next bull run, maybe btc won't reach $500k but $200k is possible. The $100k goal is a nice number so everyone talks about it but this is too easy a goal for bitcoin to achieve. I'll be honest that I'm not sure about $500k being the new ATH of the next bull run, but $100k is more likely to be expected. The price of bitcoin could surpass $100k if the demand and FOMO are really big, but it has to be supported by something big too. Poor economic conditions as well as inflation could likely have a positive impact on increasing bitcoin demand, but I don't expect that $500k to become a reality in the next 2 years. The halving and spot bitcoin ETF approval could drive bitcoin prices higher, but my current target is no more than $150k as the next high as a new ATH. The target may or may not be right, so it is not a condition that must be achieved. Yes, Bitcoin will reach $500k if its demand continues to grow but that will not happen during the next bull season or in the near future. Each person will have their own goals, and no one is right or wrong until everything happens, so let's be steadfast with our own goals. But I don't think like you that inflation will benefit bitcoin. Like what we are going through, inflation, panic are attacking us and bitcoin is also being affected negatively instead of positively as you said. I expect the world economy to recover soon as well, which could fuel a strong bull season for us.
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danadc
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October 16, 2023, 05:47:52 PM |
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Everyone in the world is predicting the BTC price in the next bull run, but I tell you that no one can predict the market price with absolute certainty. There are predictions that BTC might touch $500,000 in the next bull run (extremely optimistic). Some are saying that price might be somewhere around $150k to $200k. I am of the opinion that that price might not cross $100,000 in this bull cycle (2024/2025), and we have to wait for another few years to see such highs.
Yes, there will be a great bull run that will make the price of Bitcoin to increase higher but it will not reach $200,000 and you can use the current price in the market to determine the future of the next bull run. I believe the price will hit $100,000 next year ending for those that invested in Bitcoin and other potential coins to begin to earn something good from their investment that will make them to invest in that particular coins when the price is down again in the market. Based on the long bearish investors are experiencing from the market show that the next bullish will run like two years to allow both long term holders and short term holders to benefit massively from their investment. You have a lot of expectations for the next year, and I feel you might need to face a lot of disappointment. The reason why I say that is the price of Bitcoin is within the range of $26k and $28k right now and there is only about a month and a half remaining for this year to end, after that, we will enter 2024, and you are expecting Bitcoin to go from $27k to $100k in just a matter of 12 months when the halving event itself will be after 4 months from the beginning of the year. So, we shouldn't really expect what might not happen, and absolutely shouldn't plan our things according to our expectations because the results might disappoint us. I don't say it's impossible, but the conditions and the unfolding of the events in the future don't indicate anything like that to be happening this soon. Everyone may think that things with bitcoin can give good results, that it can go up, well now it can go up to $500k and much more, but I think that the most likely thing is that it can reach $100 thousand usd, and well that It is something that technically can happen, but it is not what normally has to happen, because let's remember a few years ago where everyone predicted that Bitcoin was going to reach a new level and that December instead of going up what it did was go down, there is There are many strategies that whales apply worldwide, and they worked because at that time they took advantage of buying bitcoin very cheap, after the halving the bitcoin went up.
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Sophokles
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October 16, 2023, 07:03:32 PM |
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Everyone may think that things with bitcoin can give good results, that it can go up, well now it can go up to $500k and much more, but I think that the most likely thing is that it can reach $100 thousand usd, and well that It is something that technically can happen, but it is not what normally has to happen, because let's remember a few years ago where everyone predicted that Bitcoin was going to reach a new level and that December instead of going up what it did was go down, there is There are many strategies that whales apply worldwide, and they worked because at that time they took advantage of buying bitcoin very cheap, after the halving the bitcoin went up.
The bitcoin 500k price target is not practical. Technical and fundamental analysis shows us the maximum we can expect from bitcoin is 3X its last all time high which is around 200k. Some experts think this is also achiavble and bitcoin can make its ATH around 150k this time. If we consider a price between these two then 170k to 180k can be the expected price target for bitcoin in the next rally. It seems low compared to the previous ROI but look at the marketcap it will get at that price level.
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