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

[dlightag]

The price of Bitcoin always move by session which one need to understand and it always occur after Bitcoin halving which the price normally skyrocket and has happened every four years counting down which the first Bitcoin having was 28. Nov. 2012 and second halving was 9. July 2016 and third one happened May 11. 2020, Base on the history after Bitcoin having, it always has a great impact price increase that no one can give exactly price, which is currently now Bitcoin halving 2024 is fast approaching and is going break the previous price increase.

[criptoevangelista]

Of course yes, the bearish cycle ended in December 2022 and since then the price has only gone up.

And it will continue to rise as we have the halving, the start for the new bull run has already been given!

enjoy the journey! After the storm (2022) there always comes a calm, nothing falls forever!

[GigaBit]

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.

As Bitcoin has been bearish for a long time, Bitcoin enthusiasts will now see its bullish movement. Bitcoin halving event occur every four years through which the price of Bitcoin increases dramatically. From 2012 to 2020, we have seen three halvings of bitcoin. Now in 2024, Bitcoin Halving is going to happen after a few months later. 2024 will be a historical year not only because of Bitcoin halving, but ETF funds are going to be associated with it. SEC's ETF approvals have resulted in a massive increase in the market cap of the crypto market. I will definitely look at this year differently than others.

[anushkasachith888]

ETF approvals and the upcoming halving could make 2024 a record year for cryptocurrencies, I wouldn’t be surprised if bitcoin breaks six figures. Who knows? but Crypto market is highly unpredictable as well.

[Mahanton]

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.

Now ETF has been approved then it didnt really did much of an impact if we do speak about increasing prices on which the price did make out some retracement on which means that not every positive sentiments
could really give out such positive impact from time to time into bitcoins price. Now that we are on 2024 on which it is the halving year then it cant really be that denied nor really be avoided for people not think
about those probabilities that this upcoming bull run would be huge considering that ETF has been approved then inflow of institutional funds would realy be something big on which its not really that shocking
that people or investors around is really that expecting something positive into this cycle on which this would really be huge.

This is why on someones personal own approach then it would really be that wise that you should really make yourself some position at the bottom or low price specially that the price
isnt really that getting high or really that getting pumped. If you do really mind off about making profits then this is the best time on securing your position.
Dont let this situation or opportunity come to waste considering that we are still that early to make positions and dont let yourself get left behind by the train
once again.

[Vaculin]

2023 was certainly a prosperous year for bitcoin, not a worst year for bitcoin. Unlike 2022, bitcoin price by 2023 has made a significant price surge for bitcoin that made the people surprised to see it happening all of a sudden especially when the fake news for SEC approval has arise. Plus having the fact that bitcoin halving is coming near, the crypto market was very positive that year that made bitcoin to stay above $40k.

For 2024, I am expecting to see bitcoin more positive than 2023 most especially that SEC has finally approved bitcoin ETF, and that we are close to the next bitcoin halving that is bound to happen this year. A lot are preparing for bitcoin halving as it could lead to a new all time high for bitcoin.

[Wakate]

ETF approvals and the upcoming halving could make 2024 a record year for cryptocurrencies, I wouldn’t be surprised if bitcoin breaks six figures. Who knows? but Crypto market is highly unpredictable as well.

The approval of the Bitcoin ETF is going to make the price of Bitcoin to skyrocket although we don't know if it's going to be immediately or something that would take place later. We just have to keep our eyes on the market and watch the future if Bitcoin creating a new height above the previous high. This is the time when altcoins would be doing well in the market and for us to make more profits, we just need to invest in some of the altcoins that we think would do well in the market looking at the nature of the projects and the community influence to push the price of the token bullish.

[gabbie2010]

ETF approvals and the upcoming halving could make 2024 a record year for cryptocurrencies, I wouldn’t be surprised if bitcoin breaks six figures. Who knows? but Crypto market is highly unpredictable as well.

Definitely these two events would shape the future of Bitcoin firstly SEC approval which is already done would surely trigger a high volatility in the price of Bitcoin to bullish run infact the Volume of Bitcoin traded on daily basis would rise sharply of course this is well expected since the fundamental news is positive coupled with the upcoming halving of Bitcoin I believe all those two positive news would push the price of Bitcoin to an ATH of $100K before the end of the year above all cryptocurrencies would thrive very well this year alot of altcoins would also thrive thus a big profit for early investors.

[Finestream]

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.

I definitely agree with your comment.

With the BTC halving happening around April 26, 2024, expect its price to significantly increase in the market. Miners will definitely receive half of what they can currently mine which thereby increases the general price of BTC in the market. In fact, there are some threads that are speculating that the price of BTC may even reach $400,000 by the time the halving happens ¹ but still, there can be no accurate forecast on this.

With this information, it is now definitely recommended to HODL your coins in order to take advantage of the coming halving. For BTC's current state this 2024, I really expect its price to increase which is definitely a win-win situation for everyone.


1 https://www.coinspeaker.com/countdown-bitcoin-halving-2024-106/

Because of that, accumulating more bitcoin ansd hodling them is the best option. Although we can't guarantee that bitcoin halving will bring the same effect from its previous, but all I know is that bitcoin halving will bring a positive and big effect on bitcoin once it starts to happen. So no doubt, bitcoin by 2024 will definitely be a life changing and a win win for everyone.

[Yamifoud]

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 has always gained superiority in the crypto market. Maybe we just see it slow growing last year but as expected, recovery never came that fast even before as it takes months or years before it turns back high and bullish again. But this year, we already have filled with some bullish indications of the market, and the surge is even fueled by the ETF approval plus halving. But I don't think this year will reach ATH because as we recall from the previous years it comes almost a year after halving. Of course, it can be wrong knowing the unpredictability of the market but at least, we have our bags filled and ready to sell when it comes.

[icalical]

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.

Tho I do agree that on 2022 Bitcoin market wasn't really joyful, but on the contrary 2023 was one of the best year for Bitcoin, the market was good, more and more countries acknowledge Bitcoin and make an official policy regarding the use of Bitcoin. We slip a little bit with the popularity of BRC-20 and Bitcoin Ordinals that shoot the transaction fee through the roof, but other than that 2023 is a good year.

I guess on 2024 the uptrend will continue we are still expecting the halving so speculators will still put their money on bitocin. And for better or worse, on this early years we now have Bitcoin ETH. So I wil keep my hope high for 2024.

[peter0425]

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 has started , from the Approval of Spot ETF of Bitcoin and the coming Halving what else  can you ask for more here mate? this is an complete answer of how you ask that superiority or the dominance from the market.
but now that it is here and coming then we can expect that 6 digits not long from this year of the next.

[AicecreaME]

Same state, it will have its ups and down in price because of its volatility.

Now since Bitcoin ETF has been approved, I believe we should expect something good, like making another new all time high this year. But since the market is always unpredictable, we don't know what's gonna happen next. All we could do is to watch if you're a holder, trade with caution if you're a trader, and don't even FOMO if you're planning to invest in Bitcoin.

[Pandu Geddon]

Same state, it will have its ups and down in price because of its volatility.

Now since Bitcoin ETF has been approved, I believe we should expect something good, like making another new all time high this year. But since the market is always unpredictable, we don't know what's gonna happen next. All we could do is to watch if you're a holder, trade with caution if you're a trader, and don't even FOMO if you're planning to invest in Bitcoin.

After this announcement, the price of Bitcoin pumped slightly, almost to $49k, and is now experiencing a decline again. some holders or traders may be a little surprised to see such a rapid situation, as there was indeed hope that a pump higher could occur.
some traders may have already benefited from the short pump. but holders are definitely waiting for an even higher pump moment. we are only at the beginning, and still waiting for the next few pumps this year.

[Iranus]

Same state, it will have its ups and down in price because of its volatility.

Now since Bitcoin ETF has been approved, I believe we should expect something good, like making another new all time high this year. But since the market is always unpredictable, we don't know what's gonna happen next. All we could do is to watch if you're a holder, trade with caution if you're a trader, and don't even FOMO if you're planning to invest in Bitcoin.

After this announcement, the price of Bitcoin pumped slightly, almost to $49k, and is now experiencing a decline again. some holders or traders may be a little surprised to see such a rapid situation, as there was indeed hope that a pump higher could occur.
some traders may have already benefited from the short pump. but holders are definitely waiting for an even higher pump moment. we are only at the beginning, and still waiting for the next few pumps this year.

The SEC's approval of bitcoin ETFs does not mean that bitcoin will no longer be highly volatile, and it is also normal for bitcoin to rise to $49k and then fall to $46k. I don't understand why people are surprised and disappointed about that.

One thing I see is that people have put too much hope in the ETF and believe that it will help bitcoin increase in price strongly. But for me, I think if everything was easily predictable, then who would buy us high-priced bitcoin? Bitcoin will always be unpredictable.

[Fara Chan]

It has started , from the Approval of Spot ETF of Bitcoin and the coming Halving what else  can you ask for more here mate? this is an complete answer of how you ask that superiority or the dominance from the market.
but now that it is here and coming then we can expect that 6 digits not long from this year of the next.

The Bitcoin price wave seen in the market yesterday is quite clear that Bitcoin could surpass its all-time high ATH so that it will create new history at the next ATH. I think the current moment is quite appropriate because the halving and agreement has given Bitcoin more freedom to increase this year and the level of correction that occurred yesterday also has an influence on buyers who are increasingly enthusiastic in the market for Bitcoin. Apart from that, the increase in prices for other cryptocurrencies is also increasingly visible so that the market really looked bullish yesterday.

[Blitzboy]

Bitcoin's value will rise after halving, possibly boosting the crypto economy. There are surprises and lessons in each cycle of this pattern, which is almost rhythmic.

Given prior tendencies, Bitcoin may grow after 2024. As the cycle ends, it may peak around 2025 and then fall.

How about viewing these cycles as Bitcoin's maturation rather than financial phases? Challenges, successes, and wisdom come with each cycle. Each cycle of Bitcoin's value fluctuation is part of its journey.

Im excited to see what 2028 brings. The crypto world and Bitcoin's function are changing. This trip is fascinating and unpredictable, and Im into it.

[Mame89]

ETF approvals and the upcoming halving could make 2024 a record year for cryptocurrencies, I wouldn’t be surprised if bitcoin breaks six figures. Who knows? but Crypto market is highly unpredictable as well.

In fact, without ETF approval, Bitcoin would still grow after the Halving every four years. Bitcoin will always be a pump and dump market. It's just that since ETFs exist, price manipulation will be lighter than before. Just look at the current market price starting to decline sharply, but those who panic will later be disappointed when they see the growth of bitcoin. Because it cannot be denied that in bitcoin there is always an event of selling news and taking some of the profits after the news. If we want to invest in Bitcoin in the long term, we don't need to worry.

For long-term bitcoin investment, this is a good moment for bitcoin to reach a new ATH after the halving. Additionally, ETFs will bring new cash flows to the market slowly and sustainably. Hopefully we can all achieve big wins this year and next year from bitcoin investment.

[|MINER|]

Not expecting too much I think 2024 is the halving season starting year. If we see the history price of bitcoin then we will see that the price of bitcoin always start the bull run after the ending of bitcoin halving season not in the halving season. But bitcoin ETF approval accepted now in this month so we can see a positive effect on bitcoin price for this.

[cryptomaniac_xxx]

Not expecting too much I think 2024 is the halving season starting year. If we see the history price of bitcoin then we will see that the price of bitcoin always start the bull run after the ending of bitcoin halving season not in the halving season. But bitcoin ETF approval accepted now in this month so we can see a positive effect on bitcoin price for this.

On the other hand, if you look at every halving year, then we should expect bigger things to happen specially that it is the catalyst for a bull run. It could be as massive as the last time, and I think majority is seeing at least $100k as the next all time high.

And with that, we should be very excited once again as the bear market is officially over once we are in the post halving. Bitcoin ETF approval should just be another factor to add to the positive sentiments of the market for this year so let's wait and see how everything will settle in the next 10 months or so.