2024 price prediction

[Sexylizzy2813]

Bitcoin Halving in 2024 It is normal for Bitcoin price to remain under control this year. Bitcoin price will not increase much in the halving year as we have learned from past halvings, the highest increase in the year after the halving. That's why this year 2024 is the year of investment, the more you invest, the more benefits you will get.

I don't think we have a specific year of investing and come to think of it, do you think with the dullness of Bitcoin price since the end part of last year till this very moment that there would be benefits and much investment?
I feel investment are going to be put on hold if not slow because is like the more you invest you lose more than what you're expecting. This year's halving might be the major cause of all these, I don't see much people investing, until this problem (high fee especially) is fixed that's when we'd see much investment and profit, this year might have a poor BTC amount.

[STT]

Poll results are quite top heavy with only about 6% of people voting to estimate we end 2024 with a lower price then currently.  So generally we think BTC is of a good value to buy at present and its just a case of enough people buying to push up the pricing.
  My current take on price action is indecisive with less ammunition for this thread so at midnight gmt I will lock this thread as some time capsule of sentiment &  we can then comment later and capture the mood after any further progression in BTC price action.
  We seem to be oscillating back and forth at present, not giving us really any further info to the end year pricing.  I do think this hold pattern equates to bullish accumulation rather then a negative but definitely we can trade downwards, that would be the more interesting course to take perhaps BTC can be even stronger after some fire and hammer blows in the forge , rather then straight up.

Thanks to all who voted, stated their best guess 

[STT]

Good time to unlock the thread with the developments observed YTD, multiple reasons some obvious or not.   Price moved significantly, the chart is a NASA rocket launch looks to me  

2nd reason we had some time to digest year start, apparently it was good fuel for this rise now which I believe is not to falter especially.

3rd reason personally at the end of Tax year as we approach in days now I tend to think it changes the mood of BTC.    Some people may sell some BTC to realize gains, file that against current year taxes perhaps.  Its just a guess by me but I usually expect some extra orders to sell to filter through from holders chipping off BTC.


Another 3% today, I was going to assume that flag formation we had on daily bars was positive resolution and it appears to be true so far.   Does anyone want to change their vote going on this extra positive BTC price action we've had ?   People were already looking upwards, I only guessed in region of ATH or actually below that in December, do we sell off before year end now or not.

[Republikcoin.com]

Another 3% today, I was going to assume that flag formation we had on daily bars was positive resolution and it appears to be true so far.   Does anyone want to change their vote going on this extra positive BTC price action we've had ?   People were already looking upwards, I only guessed in region of ATH or actually below that in December, do we sell off before year end now or not.

If you are asking about selling, I still see a very good price increase in Bitcoin right now, so I don't think selling now is the best option to do. Because as long as you can still get Bitcoin and sell at a higher price than now or at the new ATH price, of course what you have to do now is wait again and hold on to Bitcoin. Currently Bitcoin is at a price of over $66K which is close enough to $70K so I have the thought that holding Bitcoin would be the best option rather than selling it now.

[fuguebtc]

  Does anyone want to change their vote going on this extra positive BTC price action we've had ?   People were already looking upwards, I only guessed in region of ATH or actually below that in December, do we sell off before year end now or not.

I missed this thread before and didn't have a chance to vote but if it is reopened now, I'm sure that not only me but the majority of people will choose that we will have a new ATH this year. But the question, whether we will be dumped before the end of the year, then I don't rule out that possibility. I mean bitcoin could make a new ATH and after the halving there will be a dump but it won't be too big, and the aim is to cause panic and make people sell their bitcoins. But then things will soon get back on track and we enter a real bull cycle.

[virasog]

Another 3% today, I was going to assume that flag formation we had on daily bars was positive resolution and it appears to be true so far.   Does anyone want to change their vote going on this extra positive BTC price action we've had ?   People were already looking upwards, I only guessed in region of ATH or actually below that in December, do we sell off before year end now or not.

If you are asking about selling, I still see a very good price increase in Bitcoin right now, so I don't think selling now is the best option to do. Because as long as you can still get Bitcoin and sell at a higher price than now or at the new ATH price, of course what you have to do now is wait again and hold on to Bitcoin. Currently Bitcoin is at a price of over $66K which is close enough to $70K so I have the thought that holding Bitcoin would be the best option rather than selling it now.

For those who think that bitcoin has gone too high too fast and needs a correction, they must know that "This Time Is different" and this difference is due to the ETF demand and believe me no indicators would work in from the institution's demand for bitcoin.

I would suggest everyone to forget about the past bitcoin cycles, and forget about the Bitcoin dumps as if you sell your Bitcoin now, you may never be able to get back in. I think we are not going to see a big dump the price will keep on pumping I don't know till when. Also, the is not the pre-halving pump and post-halving bull run hasn't started yet (they why we see the altcoins hasn't been [performing as the bitcoin). This is pure ETF demand and those who are buying, they have no intentions to sell or make short term profits. All the previous theories and technical indicators will fail in front of the ETF demand.

[Xxmodded]

If you are asking about selling, I still see a very good price increase in Bitcoin right now, so I don't think selling now is the best option to do. Because as long as you can still get Bitcoin and sell at a higher price than now or at the new ATH price, of course what you have to do now is wait again and hold on to Bitcoin. Currently Bitcoin is at a price of over $66K which is close enough to $70K so I have the thought that holding Bitcoin would be the best option rather than selling it now.

Bitcoin price still potential increasing few days later and not good ideas try to sell right now although success raise over $66k, if you can't hold you won't be rich and its the right quote from former Binance CEO looking with bitcoin potential hit more higher price when getting closer with halving.
I don't see has any possibilities when selling bitcoin right now current price over $66k has chance to buy back under $60k or more dropping until $50k because bitcoin will hit over higher price.
Hold awhile until two or three weeks later before halving time, if you want earn much profitable don't make your self want to sell with not really bigger profitable current bitcoin price today.

[Zanab247]

The year of 2024 has been initiated and its an year for which crypto investors were in wait because during present year halving will take place which will turn the worth of bitcoin to all the time higher worth.

The season investors have been waiting for has come and many crypto investors are making money from their investment because the price is still increasing to break record in this year 2024 that will make investors to live to remember the good results they achieve from this season.

There is a probability that very soon we will see 50k$ because we are not very much far from 50k$. Everything can happen in crypto market therefore if ETF approval happens then probability will increase and bitcoin will go above 70k$ but the price of 50k$ is not hard these days as bitcoin is increasing day by day in its worth.

We have seen above $68k in this month of march which there is still hope that investors will see more than that before the end of 2024 because, a lot of things have happened for the favour of BTC and crypto price to continue increasing for investors to be expecting $100k before the end of this year.

[Sexylizzy2813]

Bitcoin price still potential increasing few days later and not good ideas try to sell right now although success raise over $66k, if you can't hold you won't be rich and its the right quote from former Binance CEO looking with bitcoin potential hit more higher price when getting closer with halving.
I don't see has any possibilities when selling bitcoin right now current price over $66k has chance to buy back under $60k or more dropping until $50k because bitcoin will hit over higher price.
Hold awhile until two or three weeks later before halving time, if you want earn much profitable don't make your self want to sell with not really bigger profitable current bitcoin price today.

Those who are hodling have every chance of getting rich like you said but it all depends on what that individual in question is doing like does the person have something to keep him covered for a long period of time before selling? While hodling it takes a lot of patience not to sell, although is not everyone who think of selling and with the current price of Bitcoin $69k I feel that those who have started hodling a long time ago will profit a lot since we're getting close to the halving period.

[lepbagong]

The season investors have been waiting for has come and many crypto investors are making money from their investment because the price is still increasing to break record in this year 2024 that will make investors to live to remember the good results they achieve from this season.

We have seen above $68k in this month of march which there is still hope that investors will see more than that before the end of 2024 because, a lot of things have happened for the favour of BTC and crypto price to continue increasing for investors to be expecting $100k before the end of this year.

With the achievement just yesterday, where the 2021 ATH has been exceeded, and it must be remembered that the halving period has not yet occurred. Of course, this is the season that investors have been waiting for, and you are right in saying that, because the investments that have been made will produce huge profits.

I think that before entering the halving period, which still has 37 days remaining, there will be a surprise that Bitcoin can do. $75K might be able to do it.
It is clear that by the end of the year the growing predictions will be able to reach $100K or maybe more, so that entering 2025 will be able to create new surprises.

[Troytech]

Bitcoin Halving in 2024 It is normal for Bitcoin price to remain under control this year. Bitcoin price will not increase much in the halving year as we have learned from past halvings, the highest increase in the year after the halving. That's why this year 2024 is the year of investment, the more you invest, the more benefits you will get.

I don't think we have a specific year of investing and come to think of it, do you think with the dullness of Bitcoin price since the end part of last year till this very moment that there would be benefits and much investment?

Seriously, like I actually had to make it bold, I never expected to see a comment like this, How do you mean they won't be much benefits from investing, I thought the best time to invest is actually the bear cause you get to bug at more cheaper amount and how woudl you get 2x or 4x on your investment if your not buying low, but whatever your so wrong bitcoin is doing well and have given a lot of people double yo triple their investment and that's good profits and from the looks of it we are not over yet, although I'm speculating a consolidation soon, maybe back to 59k or maybe around that range before the halving or after, I just felt bitcojns need a little rest before continuing the journey.

I feel investment are going to be put on hold if not slow because is like the more you invest you lose more than what you're expecting. This year's halving might be the major cause of all these, I don't see much people investing, until this problem (high fee especially) is fixed that's when we'd see much investment and profit, this year might have a poor BTC amount.

High gas fees shouldn't affect anyone that really wants to invest or hold all you have to do is buy bitcoin in your exchange and accumulate until its up to 100$ and above then move at once to your storage wallet ghats if YOUR DCAing but if your a regular lumpsum or dip buyer then that shouldn't be a problem either unless your buying such a small amount of bitcoin.

[Ozero]

Another 3% today, I was going to assume that flag formation we had on daily bars was positive resolution and it appears to be true so far.   Does anyone want to change their vote going on this extra positive BTC price action we've had ?   People were already looking upwards, I only guessed in region of ATH or actually below that in December, do we sell off before year end now or not.

If you are asking about selling, I still see a very good price increase in Bitcoin right now, so I don't think selling now is the best option to do. Because as long as you can still get Bitcoin and sell at a higher price than now or at the new ATH price, of course what you have to do now is wait again and hold on to Bitcoin. Currently Bitcoin is at a price of over $66K which is close enough to $70K so I have the thought that holding Bitcoin would be the best option rather than selling it now.

Opinions among forum participants regarding Bitcoin's price movement this year are, as always, varied, although generally optimistic as its price has risen since October, when the price was at $26,000 and reached the current $72,869. The current price situation is unusual due to the approval of Bitcoin ETFs and the continued demand for them. It is this demand that will determine further prices in the cryptocurrency market. Spot Ethereum ETFs may also be accepted in May. If this happens, prices will continue to rise. But logic dictates that there will be no strong increase in the price of Bitcoin before the end of the year. Only from the end of the year and next year the influence of the April halving should already be felt.

[Hallroom]

Bitcoin ETFs approved, Bitcoin prices hit all-time highs. Before the halving in 2024, the price of Bitcoin will increase so much that no investor could have imagined. So Bitcoin price hit a high of 73,6k, Bitcoin price was a high of $69k in 2021. But it broke 2024's record and set a new record, and the halving is only a few days away so this is the highest bitcoin price for 2024.

[btc_angela]

Looking at the results, it seems the majority is correct in predicting that we are going to hit above $71k. But for me this is just the beginning, we are not even in the block halving and yet we have established new all time high already.

So we might be seeing $100k at the end of the year. I remember the last bull run or at least the halving year in 2020. We never thought that we can crossed $50k at that was the prediction before. If history going to repeat itself, I have no doubt that 6 digits is going to be reach this year alone and in 2025, another parabolic rise and we see the all time high for this bull run.

[Popkon6]

2023 was a Consolidation year in the best possible way we arrested the decline and rose well.   Positive to end the year we had alot of up and down along the way and a few doubts imo.   I think it was a good year to buy on but we only recognized this as more obvious coming into December.   30k was only definitively defeated at Nov start tbh.
  My Poll question is quite simple how do we develop in 2024, explosively upwards perhaps, a more sedate incline like this year, flat or is it all negative from this high point; a repeat of 2021 high tide mark going into 2024 is of course possible.


Poll rules,   votes alterable now & for 31 days then no more votes or changes.   Feel free to take January entire as as a bellwether for the rest of the year, December 2024 is the predictive BTC price in question



Heres a longer term weekly candles graph.   Fibonacci and 200 week in yellow and 50 week in blue.  I will only especially comment later in the month & on the MA later; monthly bars might be better over 5 years but I think people prefer weekly as more relatable.

The Bitcoin Market It is beyond imagination that the price of Bitcoin rose so quickly in March. The highest growth and new record was created which is much higher than 2021. This year the Bitcoin ETF has hit a high of $73,000 due to the approval of the Bitcoin ETF. There is little chance of further growth at present as the halving is already only a few days away. So it is very likely that the price of Bitcoin will go above $730,000 in March this March.

[Marvell1]

Looking at the results, it seems the majority is correct in predicting that we are going to hit above $71k. But for me this is just the beginning, we are not even in the block halving and yet we have established new all time high already.

So we might be seeing $100k at the end of the year. I remember the last bull run or at least the halving year in 2020. We never thought that we can crossed $50k at that was the prediction before. If history going to repeat itself, I have no doubt that 6 digits is going to be reach this year alone and in 2025, another parabolic rise and we see the all time high for this bull run.

But we also have no guarantee that after the halving bitcoin will definitely continue to go higher. Since the ETF was approved, the market cycle has broken down and I see things becoming more unpredictable than we thought.
It is true that bitcoin hit its ATH before the halving and most of us were happy to think that the bull season would come sooner. But having an ATH earlier than expected is no guarantee that bitcoin will continue to conquer other all-time highs. Has anyone ever thought about the scenario where bitcoin will enter a bearish cycle after halving?

[Woodie]

I think with how price has moved ever since the ETF spot approval, price has really gained some momentum to push up from the 40s to where it is now and prompt crypto users to get those $100k price predictions in, but unfortunately price seems to be finding a barrier around the 70K region which means we have whales selling around this region and not until we see 80K....I think price will keep being repelled here as this is a strong psychological price range.

[Etranger]

I think with how price has moved ever since the ETF spot approval, price has really gained some momentum to push up from the 40s to where it is now and prompt crypto users to get those $100k price predictions in, but unfortunately price seems to be finding a barrier around the 70K region which means we have whales selling around this region and not until we see 80K....I think price will keep being repelled here as this is a strong psychological price range.

Yes, and I would also add, that it is not so beneficial for most crypto market players. Most traders and long-term investors expect the price to rise significantly after the halving. And historical analysis shows that the price gave 3x, 5x and even more in previous cycles. Such a rise is much easier to carry out while being lower, at a price from which it is quite easy to start. And don’t try to make 3x from the previous ATH. For this reason, I expect a correction before the halving, which seems to be started already.

[Dunamisx]

I think with how price has moved ever since the ETF spot approval, price has really gained some momentum to push up from the 40s to where it is now and prompt crypto users to get those $100k price predictions in, but unfortunately price seems to be finding a barrier around the 70K region which means we have whales selling around this region and not until we see 80K....I think price will keep being repelled here as this is a strong psychological price range.

Its nothing of much concern now since we are moving fast ahead to halving, we should be expecting more to come in subsequent days coming, the market is goin to be more bullish and we are still going to see the resistance to bullrun taken within a blink of an eye, i wont say that the influence of bitcoin ETF doesn't have effect on the market, but we should also considers that without ETF, the market will still pumps and for a new all tie high, just that this may be after the halving than when we had it before halving.

[lixer]

I think with how price has moved ever since the ETF spot approval, price has really gained some momentum to push up from the 40s to where it is now and prompt crypto users to get those $100k price predictions in, but unfortunately price seems to be finding a barrier around the 70K region which means we have whales selling around this region and not until we see 80K....I think price will keep being repelled here as this is a strong psychological price range.

I don't think it's about the ETF since the price were declining after it. I think the ones that is responsible for the rise that we see is the BTC halving because we are now getting closer to it. Before we get to $40k and above, I already saw a lot of people who are predicting for that $100k per BTC, though IDK maybe some forgets it already because we have been idling sometimes, so what you are telling there is still true that the recent rise can act as a reminder to them.

To find a barrier seems a good thing, so that it will not be possibly affected by the threats and other hazardous events. If there are sellers, I don't think whales are going to be the first and if they do, the price will dumped heavily.