2024 price prediction

[Nrcewker]

After 2020-21 phase, 2023 really gave us good hope about Bitcoins. Bitcoins really looking strong after this pump in December. 2024 has really set high hopes for us. I am expecting Bitcoins to cross new ATH price this year. I am saying this as Bitcoins have always followed a 4 year cycle to reach new ATH price and this is the 4th year. So I want Bitcoins to touch atleast 80k usd this year. Now let’s hope for the best.

[LogitechMouse]

We are already at the $40,000-$49,999 price range, and we haven't seen the 2 possible catalysts happening.
Acceptance of a Spot Bitcoin ETF, and the Bitcoin halving.

For the Spot Bitcoin ETF, there are many signs that a Spot Bitcoin ETF might get accepted as early as the 9th of January. I don't know where I saw this article, but it says that January 9th is the day that the SEC will release their decision regarding the acceptance of a spot Bitcoin ETF. This will be a catalyst for the price increase of Bitcoin towards $50,000 to possibly $60,000. If it gets accepted, it might create a domino effect and other Spot Bitcoin ETFs might get accepted in the future. On the other hand, if the Spot Bitcoin ETF applications will get rejected next year (which is highly unlikely), that might be a reason for the investors to change their sentiment thus, making selling pressure and pushing the price down.

As for the Bitcoin halving, I guess we already know especially for those who've been involved in crypto for a very long time that Bitcoin's price tends to increase a few months after the halving happens right? There's a high chance that it might happen again after the Bitcoin halving which is expected to happen in April 2024.

Overall, I'm bullish on Bitcoin, and the whole crypto market as well. I don't see any negative news that might push the price of Bitcoin down except for the rejection of a Spot Bitcoin ETF.

[$crypto$]

I voted $100k - The year 2024 has a lot to look forward to starting with the ETF approval in January, then stepping up with the Halving that is soon approaching, after that we will wait for the end of the year where the bitcoin price could be a bigger wave all because of my own predictions.

The fact is we never know about the future, but this reference is certainly looking at previous history even though this is not certain, I am just optimistic about how bitcoin will surpass $100K, and I see that vote is the most voted.

[ajiz138]

Of course we want to be in the $100K range next year but I always look at the history of previous cycles where when the halving occurs this year then the bullishness will actually occur the following year: like now 2024 will occur halving then in 2025 it will be bullish this is certainly in the prediction that I observed looking at the previous cycle.

What I said is not necessarily true but can be said to be close, even I saw on X.com after halving then wait 18 months to go to ATH again, well this is just a speculator but but believe how this history is.

2024 will be more events happening, this time different from the previous halving many investors have entered bitcoin from a few years ago so it is curious where waiting for $100K is the target of many investors even more than that.

[Jegileman]

In this 2024 after the halving, I expect the price to rise to as high as $100K. The price prediction in the first quarter of the year should be above $50K. The bitcoin price has been dangling and maintaining a good support and resistance area. By 2024, it should have breaking the resistance and we’ll see a move uptrend up to $50K within the first quarter of the year.

[Neobanks]

I voted $100k - The year 2024 has a lot to look forward to starting with the ETF approval in January, then stepping up with the Halving that is soon approaching, after that we will wait for the end of the year where the bitcoin price could be a bigger wave all because of my own predictions.

The fact is we never know about the future, but this reference is certainly looking at previous history even though this is not certain, I am just optimistic about how bitcoin will surpass $100K, and I see that vote is the most voted.

I voted $100k - The year 2024 has a lot to look forward to starting with the ETF approval in January, then stepping up with the Halving that is soon approaching, after that we will wait for the end of the year where the bitcoin price could be a bigger wave all because of my own predictions.

The fact is we never know about the future, but this reference is certainly looking at previous history even though this is not certain, I am just optimistic about how bitcoin will surpass $100K, and I see that vote is the most voted.

I voted for Above 70k+.

Or at least we would see a new all time high, or get passed the previous at $69k. As for what could be the new all time high, obviously, everyone's target is above $100k conservative estimates, but I don't think that we are going to hit it in 2024 yet.

So going to be a great year to us, if the cycle or the pattern continues 2024 will be the start of the bull run right after the block halving. We might not felt a initial surge, but once the bull pick it up, it's going to be a great and massive run again just like the previous post halving years.

With the previous trend of Bitcoin I'm optimistic about the possibility that 2024 will be a year of unprecedented rise in the trend of Bitcoin price that we all crave for. Although, there is possibility of unforseen uncertainty that may result to decline in the trend which I'm not too sure but it's good to keep our mind positive in regard to expected rise in the price of Bitcoin in 2024.

[Sexylizzy2813]

I don't really see anything above or close to $70k let's say we're not expecting the halving next year with the current movement of Bitcoin price I don't think it would be a positive start in the first week of January 2024, and weather we like it or not it won't even get to $50k.
This last month of 2024 would have given us something better than what we're seeing, so without the expected halving next year I don't see Bitcoin price going any where positive. But if things were to be in a good shape with the halving on its way I'd rather say $80k before the midweek of January, let's see if the current slow movement of Bitcoin price would pay off next year, I mean if it will be higher.

[yohananaomi]

In this 2024 after the halving, I expect the price to rise to as high as $100K. The price prediction in the first quarter of the year should be above $50K. The bitcoin price has been dangling and maintaining a good support and resistance area. By 2024, it should have breaking the resistance and we’ll see a move uptrend up to $50K within the first quarter of the year.

If what you predicted happens, namely that it will reach $100K in 2024, then there will be a big surprise in achieving ATH in the period after that, which will occur in 2025. Of course, this is good news because it will be able to repeat the same achievement again in 2021, where the ATH will be several times the previous ATH. I think it's true what you said. We will wait in the first quarter to see whether it will be able to reach a significant value to spur it to increase according to predictions; everything will be determined at that stage. Of course, this is an opportunity to continue buying and holding bitcoin so that it can provide the best income.

[aylabadia05]

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.

The opportunity to vote on the pool is still open and I have done so by voting $50k - $59k for the 2024 price prediction.
Happy new year to OP and to all bitcointalk forum members.

The Bitcoin price chart in 2024 will be between $50k - $59k because December is at the end, the price is still at $42,664. I have already voted for 2024. I will wait to see what the price of Bitcoin will be at the turn of the year because the closing price in 2023 will be the historical price that will be compared for the following years.
Price speculation above $50k is too difficult to achieve, for me too easy if it happens.

[Saint-loup]

2024 will be more events happening, this time different from the previous halving many investors have entered bitcoin from a few years ago so it is curious where waiting for $100K is the target of many investors even more than that.

$100k is certainly secretly expected by many investors, but I don't think any serious trader has chosen this target for 2024. It's more than %60+ above its current ATH, that's huge bro. BTC has made a nice +150% over the year, so a correction is expected to happen next year. In addition if one ETF spot is approved by SEC next year, many whales and institutional investors will join the market, and those guys don't wait to get +100% before selling you know.

[STT]

Ideally I dont want the (collective) poll answers posted on the thread as public before people decide for themselves.   There is potential bias in every Poll question or any survey of views, obviously its common for people to want to agree; its true anyway the market will reinforce a trend.    

I haven't yet decided for the whole of 2024, I do think the longer term trends are good.  200 week is really hard to turn around and we were submerged for some time which is very negative comparatively.  Not often we have fallen that negative in the past, it might have been the longest duration for some time I forget.   Generally Im positive but way more moderate then most I reckon, when we have no bears at all its time to be a bit apprehensive I figure hence poll might be useful in that way.
  

Poll is open till nearly end January no rush especially.

[snipie]

The Bitcoin price chart in 2024 will be between $50k - $59k because December is at the end, the price is still at $42,664. I have already voted for 2024. I will wait to see what the price of Bitcoin will be at the turn of the year because the closing price in 2023 will be the historical price that will be compared for the following years.
Price speculation above $50k is too difficult to achieve, for me too easy if it happens.

I agree with OP about not posting a picture of the poll to avoid influencing people before they cast their votes since they will definitely change their minds.

I voted for +$70k myself since I am optimistic regarding the Bitcoin price in the long term. I don't think the price will reach that level before November 2024 but after that I think it is possible. Even if my prediction was wrong, I am pretty sure in the future we will see this price and way more.

[philipma1957]

Well 70k is good enough for me. I hope for that as a minimum.

But. I think we could hit much higher than that.

Since I am not greedy I would like to get to 70k and stay.

My dream 😴 is we moon to 200k but like I said I can live with 70k which is what I picked.

[ajiz138]

2024 will be more events happening, this time different from the previous halving many investors have entered bitcoin from a few years ago so it is curious where waiting for $100K is the target of many investors even more than that.

$100k is certainly secretly expected by many investors, but I don't think any serious trader has chosen this target for 2024. It's more than %60+ above its current ATH, that's huge bro. BTC has made a nice +150% over the year, so a correction is expected to happen next year. In addition if one ETF spot is approved by SEC next year, many whales and institutional investors will join the market, and those guys don't wait to get +100% before selling you know.

I am not sure about trading, they are just short-term when there is a profit opportunity they will take.
That's what we see throughout 2023 with ROI already quite high 150% who are those who sell now are already said to be very profitable but we see even more than 150% next year then wait a little more they will definitely survive.
SEC approved ETF? That is what many are waiting for if this happens to be approved in the near future then it will not be surprising that whale and institutional investors will join even if they don't wait 100% at least it will push bitcoin up.

[Yamane_Keto]

Bitcoin ETFs will be a key player in determining the price direction for this year. If they are approved (which is unlikely), we will most likely see a price of $100,000 before Q4. Breaking the top of $69,000 is highly expected even if ETFs are not approved.

I prefer that we make a short-term Q1 forecast and assuming that ETFs will be rejected, this means that we may return to touching $31,000 before the price rebounds to $48,000.



If this is achieved, 2024 ATH will be $107,000 in November.

[FinePoine0]

Since the Bitcoin halving is so close, the price of Bitcoin is still at the right level as early as 2024.  So this year bitcoin price will cross the peak at bitcoin halving.
The price of E-Bitcoin is constantly increasing so this year the halving Bitcoin price will surely touch 55k-60k dollars.

[Out of mind]

Since 2024 we are starting a great journey and the price of Bitcoin is currently above $42000. However, we expect that the price of Bitcoin is likely to move to a better position in this new year. Although most people expect the Bitcoin market to be above $70,000 in 2024. I believe this new year when bitcoin halving will happen, bitcoin price growth will be higher. And when Bitcoin gets ETF approval then definitely Bitcoin price will exceed maximum ATH.

[Sebas.tian]

I think, the price of Bitcoin will pump to $50,000 to $59,000 before the end of this year because we have seen a good results last year that gave many holders to prepared themselves very well for them to make a massive income in this new year. Many investors predicted for the price to hit back to $69,000 before the end of last year 2023 but the price of Bitcoin still remain in $42,547 before the end of 2023, and the market price is still very good for those that have a good plan for this new year to purchase Bitcoin and they can still make some passive income from their investment. This new year will be a good year to Bitcoiners but those expecting $100,000 before the end of this year, will still miss it like the way they missed it last year 2023.

[aylabadia05]

<snip>

I agree with OP about not posting a picture of the poll to avoid influencing people before they cast their votes since they will definitely change their minds.

The objective is not to display the voting results, but each voter provides an opinion based on their speculation so it doesn't have much influence.

I voted for +$70k myself since I am optimistic regarding the Bitcoin price in the long term. I don't think the price will reach that level before November 2024 but after that I think it is possible. Even if my prediction was wrong, I am pretty sure in the future we will see this price and way more.

There is nothing wrong with the choice at a price of $70k because this is just speculation that is close to your own analysis which can be strengthened for yourself without having to follow and imitate other people's choices.
I am optimistic about my option price between $50k - $59k if the price from January to December last year had strong support at the $40k level.

[ShowOff]

I think, the price of Bitcoin will pump to $50,000 to $59,000 before the end of this year because we have seen a good results last year that gave many holders to prepared themselves very well for them to make a massive income in this new year. Many investors predicted for the price to hit back to $69,000 before the end of last year 2023 but the price of Bitcoin still remain in $42,547 before the end of 2023, and the market price is still very good for those that have a good plan for this new year to purchase Bitcoin and they can still make some passive income from their investment. This new year will be a good year to Bitcoiners but those expecting $100,000 before the end of this year, will still miss it like the way they missed it last year 2023.

Optimism is good, you really deserve to maintain it. Halving will help the demand for bitcoin increase further which will automatically make the price increase, I am also optimistic about the price approaching the previous ATH of $69k. When halving is the reason, then I think $50k is too low to expect until the end of the year. There's a chance the price could reach $70k to $80k before 2024 is over, so stay optimistic until that becomes a reality.