What are your predictions for the state of Bitcoin in 2024?

[2Pizza410000BTC]

Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year; in late 2003, a new version of Bitcoin was released. Furthermore, the market is gradually improving and stabilising. By 2024, we expect a slow recovery from our Bitcoin downturn. In the near future, it will also bring us good news. Things will get better with time. Do you think Bitcoin will be superior by 2024? Please share your thoughts.

We went through 2022 in a completely bad state, but from the beginning to the end of 2023 we passed in a fairly good state. Bitcoin price reached $45000 at the end of 2023 which bodes well for 2024. I expect Bitcoin's new ATH for 2024. By 2024, Bitcoin will be in a position to set new records in Bitcoin's lifetime. I am looking forward to seeing the new light of Bitcoin because I am already committed to Bitcoin investment.

[PytagoraZ]

Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year; in late 2003, a new version of Bitcoin was released. Furthermore, the market is gradually improving and stabilising. By 2024, we expect a slow recovery from our Bitcoin downturn. In the near future, it will also bring us good news. Things will get better with time. Do you think Bitcoin will be superior by 2024? Please share your thoughts.

Maybe this has been talked about often, but I am also quite sure that 2024 or 2025 will be a new ATH for Bitcoin. Moreover, in 2024, it seems like $60k is not difficult to achieve

But the bad news is, I don't have any bitcoins right now. Hopefully I can get a little profit from the increase in bitcoin prices and not miss the new ATH moment

[Awaklara]

Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year;

I don't see last year being a bad situation for Bitcoin. even increases tend to occur in Bitcoin. Yes, the situation happened very gradually, but anyone who pays attention to the Bitcoin market must have seen quite good progress in the last year.
this year, many expect Bitcoin to experience faster price growth than last year. and I hope there isn't a dump big enough to rock the Bitcoin market when it creates a pump.
the situation often occurs, when there is a high pump on Bitcoin, it will immediately be followed by a fairly deep correction. lately, there may be more observers watching the market.

[kuriboh]

Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year; in late 2003, a new version of Bitcoin was released. Furthermore, the market is gradually improving and stabilising. By 2024, we expect a slow recovery from our Bitcoin downturn. In the near future, it will also bring us good news. Things will get better with time. Do you think Bitcoin will be superior by 2024? Please share your thoughts.

We have had a terrible year in 2022, so bad that you can tell by looking at the market pattern. Bitcoin was all but doomed due to its poor condition. The beginning of 2023 was a bit bad, but finally, we saw a pretty good situation. Bitcoin's price will reach $45k by the end of 2023, which bodes well for 2024. I expect good things for BTC in 2024.

Bitcoin's superiority is not determined by the price but the network.
1BTC is always equal to 1BTC and the network functions the same way right from when it first went online.

It is true that the network, not the price, determines Bitcoin's superiority. That's right, and 1BTC always equals 1BTC. But I never thought Bitcoin would be so wasteful. When Bitcoin was at $55K+, I had a clear idea that it might touch $100k. But that's not how we saw the loss of BTC.

When the price drops it gives you an opportunity to buy more at a discounted price.

It allows us to buy when the price drops. But did you ever think that Bitcoin would be so cheap?

Hownlow do you think fiat will drop in 2024?

What will happen in 2024 is impossible to predict, but in 2024, Bitcoin will recover everything before and move towards something better.

[Upgrade00]

It is true that the network, not the price, determines Bitcoin's superiority. That's right, and 1BTC always equals 1BTC. But I never thought Bitcoin would be so wasteful. When Bitcoin was at $55K+, I had a clear idea that it might touch $100k. But that's not how we saw the loss of BTC.

What do you mean wasteful? The market does not follow the idea you have about it, it's influenced by other factors.

It allows us to buy when the price drops. But did you ever think that Bitcoin would be so cheap?

I've seen it as cheap as $3k.

[Agbe]

Op I disagree with very strongly. There was no way Bitcoin in 2023 was worse than Bitcoin price in 2022. Though I don't know how you calculate or made the analysis and nobody that is in this cryptocurrency from 2021 will agree with you in this statement. Let me break it down from my witness and experience of the market. In the early 2022, Bitcoin was $42k untill March 2022 when the price started dropping and from April 20022, the price dropped very well and from June to October the price was $16k and from December 2022 the price picked up to 20k$ and from April 2023 the price didn't come down to 30k$ and it was above till October 2023 and from November the price climbed to $40+k till now so I don't know where you got your information. I have given you my personal experienced of the market.

[Pi-network314159]

Year I believe bitcoin will be superior this 2024. the sign has already shown from last year and this year is the year of fulfilment. I am not a crypto expert to predict that, but with the analysis of people around the forum who are more knowledgeable about bear and bull season I think their are speculation about bitcoin this year to be good. Even if it doesn't reach it ATH, but there will be a massive push.

[Ndabagi01]

Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year; in late 2003, a new version of Bitcoin was released. Furthermore, the market is gradually improving and stabilising. By 2024, we expect a slow recovery from our Bitcoin downturn. In the near future, it will also bring us good news. Things will get better with time. Do you think Bitcoin will be superior by 2024? Please share your thoughts.

Yes, bitcoin will be superior this year and will make some new achievements that we’ve not seen in the market before. This is the year of bitcoin halving and this is also the year that bitcoin ETF is most anticipated to be approved. If bitcoin ETF gets approved, we will likely be witnessing a bull run earlier before the real one. If bitcoin experience a bull run before its actual time, when the right time comes, the market will move up beyond wonders of what a lot of people are expecting it to be in the next bull run that will come after the halving.

[sheenshane]

Even if it doesn't reach it ATH, but there will be a massive push.

The price of this year could be a good start to reach the ATH.
I've witnessed twice that there's a massive push right after the next halving the 2nd and the 3rd halving which all of them bring a good price to the Bitcoin.  A month(s) after the next halving the price went crazy and that's what most people anticipated now.

We've seen a lot of predictions over the internet and most of them have a positive perspective that Bitcoin will have a potential this year or in next year.  No one knows, we should rather prepared.

[EarnOnVictor]

Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year; in late 2003, a new version of Bitcoin was released. Furthermore, the market is gradually improving and stabilising. By 2024, we expect a slow recovery from our Bitcoin downturn. In the near future, it will also bring us good news. Things will get better with time. Do you think Bitcoin will be superior by 2024? Please share your thoughts.

What are you saying? I don't think you know much about Bitcoin, you could have at least studied the chart before bringing out facts. Point of correction, Bitcoin started falling in 2021 after hitting the ATH of almost $69,000, and not 2022, but the fall was aggravated in 2022 due to the global inflation that bit so hard. This happened till late 2022 when the coin was close to $15,000, that was when it started rebounding and recovering until we achieved the price we are now.

The year 2023 was a mixture of both bearish and bullish movements, but in the end, the bullish trend prevailed, and thanks to the ETF saga that made it happen. Going forward, since we are in the season of halving spirits, I believe that the post and pre-halving effects will continue to play out, and in the end, Bitcoin will record tremendous gains over time.

[GreatArkansas]

(....)
 Do you think Bitcoin will be superior by 2024? Please share your thoughts.

For me yes, especially in this first quarter of 2024, the sign is when Bitcoin broke $47,000 a few days ago.
That is the sign for me, so even ETF will approve or not, I believe it will not affect really the price of Bitcoin, people already immuned about this ETF, they don't give a shit anymore to this.

[BlackBoss_]

For me yes, especially in this first quarter of 2024, the sign is when Bitcoin broke $47,000 a few days ago.
That is the sign for me, so even ETF will approve or not, I believe it will not affect really the price of Bitcoin, people already immuned about this ETF, they don't give a shit anymore to this.

Bitcoin has its halving and its bull runs are strongly correlated with its halving. Bitcoin Spot ETFs are not big contributors for Bitcoin bull run or bear run, halving is more decisive.

Bitcoin Halving cycle
Cycle repeat

They are two big things I look at in 2024 and I don't have plan to sell my bitcoins before the end of 2024. Along the way of Bitcoin bull run this year, there will be many news and fud but I believe demand on Bitcoin in 2024 will increase. As principle of supply and demand, its price will increase.

[BALIK]

For me yes, especially in this first quarter of 2024, the sign is when Bitcoin broke $47,000 a few days ago.
That is the sign for me, so even ETF will approve or not, I believe it will not affect really the price of Bitcoin, people already immuned about this ETF, they don't give a shit anymore to this.

Bitcoin has its halving and its bull runs are strongly correlated with its halving. Bitcoin Spot ETFs are not big contributors for Bitcoin bull run or bear run, halving is more decisive.

Bitcoin Halving cycle
Cycle repeat

They are two big things I look at in 2024 and I don't have plan to sell my bitcoins before the end of 2024. Along the way of Bitcoin bull run this year, there will be many news and fud but I believe demand on Bitcoin in 2024 will increase. As principle of supply and demand, its price will increase.

I believe bitcoin's recent rise to $47k was more related to ETF-related news than the halving event. In these days I don't see anyone talking about halving, everything that is spreading on the internet is ETFs, etfs. You're right, ETFs aren't the only factor driving bitcoin prices up, but it's clear that recent bitcoin volatility is related to etfs.

I believe that if the ETF is not approved, it will also have negative implications for the development of bitcoin and may cause the bull season to come later than we expected. Although the SEC's rejection of ETFs has been going on for many years, the heat on ETFs this time is completely different than many years ago, so the final result will also have a greater impact.

[Kelvinid]

Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year; in late 2003, a new version of Bitcoin was released. Furthermore, the market is gradually improving and stabilising. By 2024, we expect a slow recovery from our Bitcoin downturn. In the near future, it will also bring us good news. Things will get better with time. Do you think Bitcoin will be superior by 2024? Please share your thoughts.

This year seems to be another big year for the crypto industry as we are expecting ETF approval and the halving event will have impact on the market price.

However, I don't think it will be superior this year that is too early to assume but if we talk about a price increase that is likely possible. Perhaps, this would be expected as the demand increases as well. Bitcoin has a futuristic view and potential but as we assess on its development, it takes several years to see its market superiority. However, this will become impossible with everyone's support --use as a payment option, active trades, and trust.

[Ben Barubal]

Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year; in late 2003, a new version of Bitcoin was released. Furthermore, the market is gradually improving and stabilising. By 2024, we expect a slow recovery from our Bitcoin downturn. In the near future, it will also bring us good news. Things will get better with time. Do you think Bitcoin will be superior by 2024? Please share your thoughts.

   The only thing I can think of here is that in the year 2024, the price value of bitcoin may only be x6 to x10 this year of 2024-2025, but this is just my opinion, and I don't know if other fellow communities will agree with me here in this forum section.

   Maybe it can reach 150k-200k per bitcoin in the upcoming bull run. That's why those who have holdings of at least 1 bitcoin and above will for sure get a good profit in bitcoin. if they reach at least 150k each.

[kotajikikox]

Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year; in late 2003, a new version of Bitcoin was released. Furthermore, the market is gradually improving and stabilising. By 2024, we expect a slow recovery from our Bitcoin downturn. In the near future, it will also bring us good news. Things will get better with time. Do you think Bitcoin will be superior by 2024? Please share your thoughts.

Bitcoin is superior even in all years so what are you asking about  if bitcoin will be superior?

https://coinmarketcap.com/

look at that , Bitcoin never drops down being a superior so maybe what you are asking here is will bitcoin make its run this year? so this means after Halving ? because bitcoin starts increasing in the first week of January and up to now staying at 46k strongly , how much time we need to wait before 50k breaking?

[Oasisman]

Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year.

I don't know where have you gathered that data, but let me tell you that it is not correct. In 2022 bitcoin took a huge fall, but 2023 is actually a good year as bitcoin have made a noticeable recovery and turn everything around, a complete opposite than 2022.

By 2024, we expect a slow recovery from our Bitcoin downturn

Again, I don't know where you have heard it, but majority of the investors are not expecting a slow recovery this year all the way to 2025, but again it's the other way around. Everyone are so bullish because of the bitcoin halving and the news regarding spot bitcoin ETF. These two major events will definitely make a huge impact on the market sentiments that would potential make bitcoin price pump in no time.

[0t3p0t]

Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year; in late 2003, a new version of Bitcoin was released. Furthermore, the market is gradually improving and stabilising. By 2024, we expect a slow recovery from our Bitcoin downturn. In the near future, it will also bring us good news. Things will get better with time. Do you think Bitcoin will be superior by 2024? Please share your thoughts.

It is still too early to speculate but one thing is for sure it keeps on thriving. A lot of things might happen on it's way to the end of 2014 but I know Bitcoin will stay as great as it is.

[Crypto Library]

Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year; in late 2003, a new version of Bitcoin was released. Furthermore, the market is gradually improving and stabilising. By 2024, we expect a slow recovery from our Bitcoin downturn. In the near future, it will also bring us good news. Things will get better with time. Do you think Bitcoin will be superior by 2024? Please share your thoughts.

The main thing is that it is never possible to say with 100% guarantee what the future price of Bitcoin will be, but if we want to analyze the past records, it is possible to make a prediction. That being said, I would say that 2024 will be a happy year for those who have passed through 2022 and 2023.
Because I think 2024 is a recovery year for Bitcoin. The reason I am saying that observing the previous and after situation of bitcoin past halving periods. I think the price of bitcoin will be better in 2024 than 2023 it may fluctuate around 40k to 50k range

[Sanitough]

I don’t know where you got this assertion from but they are wrong. To begin with the value of bitcoin doesn’t decreases but rather its price reduces and 2022 wasn’t the year it started. Secondly the overall price of bitcoin in 2023 did increase from around $16k to around $40k plus that’s around 160% pump so i don’t see last year as a bad one for bitcoin price. In 2024 we expect a better price increase than 2023 because of the much anticipated bitcoin halving.

You are right mate. 2023 was indeed a profitable year for bitcoin since the rate of price increase is actually high compared to its previous year, and most probably, we will see a better version for bitcoin by 2024 as SEC has finally approved bitcoin ETF and from there, we will see bitcoin price rising significantly which will be a good start of the year. And the most awaited part is bitcoin halving, which is set to happen early this year so we should look forward for it.