Heading into 2024 crypto year: what are your hopes and fears?

[Palazodeen]

2023 provided lots of mixed feelings especially from Q1-Q3 but the Q4 saw lots of sparkles as investors and traders alike who were hoping BTC could close the year at $35k saw the mother of crypto touch down $44.5k before the close of 2023. For me $SOL and BRC-20 tokens like $ORDI and $SAT gave me the surprise of my life. Am sure am not the only one in this category.

While I was assessing my gains and losses and strategizing on how to navigate through 2024, I came across an article from Gracy Chen, the M.D of Bitget highlighting the challenges and victories of 2023 while expressing her Optimism for the year 2024 especially with the possible approval of the blackrock Bitcoin spot ETF and I share her sentiment that 2024 could be another year for the moon boys.

I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights

[Porfirii]

Nobody can tell for sure what will happen or of we will break the immense psychological resistance of 100k, but we can talk about hunches or sentiment.

Taking into account the news about incoming ETFs, the halving in the next months, the price action of 2023 and the pattern of cycles that repeat every 4 years approximately, I am quite optimistic for Bitcoin, and I'm almost sure that if Bitcoin takes off, many alts will have an incredible ROI, especially low caps.

We could lose it all too, the future is uncertain by nature, so I would avoid going all-in too, not to get our fingers burnt.

[Sebas.tian]

I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights (Edited)

You don't need to be afraid of anything in this new year, because many researchers have Carry out their research to know what will happen in this 2024, and they discovered that this year will be full of bullish season and many holders and traders will achieve what they have never achieve before in crypto investment. Something new just happened in the market few hours ago that is giving traders and holders hope that the price of Bitcoin will reach $100,000 before the end of this year, because the price has increased to $46,781 which is a sign that the price will reach $50,000 in this month of January. I will advice you to use this opportunity to buy Bitcoin, if you are not satisfy with the ones you bought or if you are not yet buy Bitcoin,  just use any amount of money to buy and hold until the price reach your satisfaction before you can sell to earn something huge.

[adaseb]

Honestly my fear is the etf being rejected or denied or if approved it being another sell the news event.

I was around in 2017 when the Winklevoss twins etf was about to get approved. They had tons and tons of meetings with SEC and other financial companies. I remember people would analyse these meetings and say that since “so and so” met it means it has to be approved because why would they meet. People were 99% sure it would be approved and then poof, it was rejected.

If approved my fear is that it’ll be another sell the news event like in the past. The trigger is usually on the week of launch it went up topping and this is pretty much what many are expecting. I don’t think people are thinking this time will be different.

[Iamcrypticguy]

2023 provided lots of mixed feelings especially from Q1-Q3 but the Q4 saw lots of sparkles as investors and traders alike who were hoping BTC could close the year at $35k saw the mother of crypto touch down $44.5k before the close of 2023. For me $SOL and BRC-20 tokens like $ORDI and $SAT gave me the surprise of my life. Am sure am not the only one in this category.

While I was assessing my gains and losses and strategizing on how to navigate through 2024, I came across an article from Gracy Chen, the M.D of Bitget highlighting the challenges and victories of 2023 while expressing her Optimism for the year 2024 especially with the possible approval of the blackrock Bitcoin spot ETF and I share her sentiment that 2024 could be another year for the moon boys.

I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights (Edited)

I have same bias about brc20 tokens this year. Let's hope the momentum continues. Can you send the link to gracys article?

[MarvieJ]

2023 provided lots of mixed feelings especially from Q1-Q3 but the Q4 saw lots of sparkles as investors and traders alike who were hoping BTC could close the year at $35k saw the mother of crypto touch down $44.5k before the close of 2023. For me $SOL and BRC-20 tokens like $ORDI and $SAT gave me the surprise of my life. Am sure am not the only one in this category.

While I was assessing my gains and losses and strategizing on how to navigate through 2024, I came across an article from Gracy Chen, the M.D of Bitget highlighting the challenges and victories of 2023 while expressing her Optimism for the year 2024 especially with the possible approval of the blackrock Bitcoin spot ETF and I share her sentiment that 2024 could be another year for the moon boys.

I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights (Edited)

No doubt gracy is a very intelligent woman, well I also watched a live on their official YouTube channel concerning bitcoin spot etf , hopefully we get to see $100k but then I’m looking forward to seeing $50k. Since March 2022 , we get to see a new wave in btc .

[dunfida]

2023 provided lots of mixed feelings especially from Q1-Q3 but the Q4 saw lots of sparkles as investors and traders alike who were hoping BTC could close the year at $35k saw the mother of crypto touch down $44.5k before the close of 2023. For me $SOL and BRC-20 tokens like $ORDI and $SAT gave me the surprise of my life. Am sure am not the only one in this category.

While I was assessing my gains and losses and strategizing on how to navigate through 2024, I came across an article from Gracy Chen, the M.D of Bitget highlighting the challenges and victories of 2023 while expressing her Optimism for the year 2024 especially with the possible approval of the blackrock Bitcoin spot ETF and I share her sentiment that 2024 could be another year for the moon boys.

I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights (Edited)

No one really knows on what lies ahead on which it would really be just that normal that you would really be having those kind of positivity considering that we are on the year where Bitcoin halving would really be happening on this year on which it cant really be avoided that on this year we would be assuming that bull run would be kicking in.This is why it would really be that always best that you should really be securing out your position
now while its still low and dont get yourself missing out the golden train once bull run would be kicking. It would really be normal that we would really be having those hopes and fear but if you do let yourself that going
hesitated on the actions that you would be making or simply doesnt take risks then you would really be making yourself missing out those opportunities to earn more.

Thisi s why it would really be that recommended that you should need to act fast and needed up to be wise on securing positions because the market is really something
to be that so unpredictable, we dont know on what would be the next move that it would be giving out.

[Ndabagi01]

I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights (Edited)

When it comes to crytocurrency investment, you must be extremely sceptical of the market. Being sceptical in the sense that any news that hits the market now has the potential to change the entire course of the market this year. If you're a trader, you should be more cautious this year when placing trades because a bad market news can cost you everything. Long-term holders are safer, but you must be patient and work on your emotions about how the market will be affected positively or negatively during your hold.

Bitcoin will reach a new all-time high, and I believe it will surpass the $100,000 mark, as predicted by many analysts. Bitcoin has been following the same consensus since its inception, and all indications are that it has continue to do so after the last halving. If this trend continues, there is no doubt that a new all-time high, giving bitcoin a new value in the six figures, is very possible.

[Palazodeen]

Nobody can tell for sure what will happen or of we will break the immense psychological resistance of 100k, but we can talk about hunches or sentiment.

Taking into account the news about incoming ETFs, the halving in the next months, the price action of 2023 and the pattern of cycles that repeat every 4 years approximately, I am quite optimistic for Bitcoin, and I'm almost sure that if Bitcoin takes off, many alts will have an incredible ROI, especially low caps.

We could lose it all too, the future is uncertain by nature, so I would avoid going all-in too, not to get our fingers burnt.

From what i observed yesterday night, I think there is every possibility that BTC would touch $100k or above if the BTC spot ETF is approved, BTC rose to $48k last night after a fake rumor of SEC approval hit the net before retracing back to $45k after it was observed the news was fake. It is now clear to me that the approval will definitely impact the price action but would BTC dip below $20k if it is rejected, that's the question i haven't gotten answer to

[Palazodeen]

2023 provided lots of mixed feelings especially from Q1-Q3 but the Q4 saw lots of sparkles as investors and traders alike who were hoping BTC could close the year at $35k saw the mother of crypto touch down $44.5k before the close of 2023. For me $SOL and BRC-20 tokens like $ORDI and $SAT gave me the surprise of my life. Am sure am not the only one in this category.

While I was assessing my gains and losses and strategizing on how to navigate through 2024, I came across an article from Gracy Chen, the M.D of Bitget highlighting the challenges and victories of 2023 while expressing her Optimism for the year 2024 especially with the possible approval of the blackrock Bitcoin spot ETF and I share her sentiment that 2024 could be another year for the moon boys.

I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights (Edited)

I have same bias about brc20 tokens this year. Let's hope the momentum continues. Can you send the link to gracys article?

Yeah
https://www.bitget.com/blog/articles/2024-crypto-year-open-letter-from-gracy

[kentrolla]

I would share a very Uber level information when it comes to my hopes and fear.

Hopes:
Pretty obvious that I am hoping for a better year than 2023 or atleast the same as 2023 because 2023 had been a good year we have seen Bitcoin pump and Altcoins have rallied as well. I am hoping this year don't have any corrections phase or even if we have then I wish to be prepared for it. More crypto adoption would be great.

Fears:
There is a slight fear that centralized exchanges will be targeted more often and made to act as per regulators and we have already seen how exchanges were targetted and there are news about Apple app store removing major CEX from their Indian market due to non compliance with Indian anti money laundering law.

[Frankolala]

The crypto market is something that cannot be predicted as there are some news that will affect the price of bitcoin negatively and positively. We saw how the news of bitcoin ETF approval has made bitcoin price get to the level it is now. The halving is around the corner and much is expected by investors from the halving even on bitcoin price.

You shouldn't be expecting too much from bitcoin because nobody know where the price is heading to maybe it will dip or pump, since SEC hasn't yet approved bitcoin ETF that rumors was going on that it will be today. This is why I am using the opportunity to continue with my bitcoin accumulation so that whatever 2024 brings to us on bitcoin price wouldn't be a problem to me because I am looking forward to the bull run, which I am preparing towards.

My fear is that bitcoin transaction has become expensive and what if the fee did not subdue because more BRC20 token will soon be created this year. Also the plans of government trying to to see how they can kill the privacy that bitcoin gives to its users.

[Nrcewker]

I never feared from Bitcoins to be honest. I only invest the amount which I kept specifically for investment purpose only. Moreover I have seen the growth of Bitcoins from nothing to becoming a high value digital asset. Hence it’s obvious that I will be investing for long term only. I am hoping Bitcoins to cross 70k price mark by this year. If it happens then more people will show interest to accumulate the coin and the demand will increase which will eventually lead to price high.

[EarnOnVictor]

I was surprised that ORDI and SATS could move so well in a very short time last year but if we think it through we should have known that anything created on the Bitcoin blockchain now will have much patronage due to the mood of the season, so we should not be so surprised. As for 2024, this is going to be a great year for Bitcoin and the entire crypto space at large as Bitcoin will use its grace to lift them up.

The expectation of ETF approval might be cut off, but still, Bitcoin will find its path higher and another cryptocurrency will match up with it, it is just a matter of time. As we see now, the ETF saga has been dramatic since the beginning of this year unlike how it helped Bitcoin to climb high in late 2023 and the first week of the year. But now, it is a matter of tight range-bound that no one knows what the outcome could eventually be until the news breaks. We are all expecting, however, no matter what happens, I believe that Bitcoin will overcome any issues and even rise higher. This is the time of halving and the positive mood is already affecting the market, so let's all be optimistic as we move past $50,000 and $100,000 over time.

[carlfebz2]

I was surprised that ORDI and SATS could move so well in a very short time last year but if we think it through we should have known that anything created on the Bitcoin blockchain now will have much patronage due to the mood of the season, so we should not be so surprised. As for 2024, this is going to be a great year for Bitcoin and the entire crypto space at large as Bitcoin will use its grace to lift them up.

The expectation of ETF approval might be cut off, but still, Bitcoin will find its path higher and another cryptocurrency will match up with it, it is just a matter of time. As we see now, the ETF saga has been dramatic since the beginning of this year unlike how it helped Bitcoin to climb high in late 2023 and the first week of the year. But now, it is a matter of tight range-bound that no one knows what the outcome could eventually be until the news breaks. We are all expecting, however, no matter what happens, I believe that Bitcoin will overcome any issues and even rise higher. This is the time of halving and the positive mood is already affecting the market, so let's all be optimistic as we move past $50,000 and $100,000 over time.

Based up on what i have read a few minutes or hours ago.

Cboe Says Bitcoin ETFs to Start Trading Thursday, Though the SEC Hasn't Approved Them Yet
https://www.coindesk.com/business/2024/01/10/cboe-says-bitcoin-etf-to-start-trading-thursday-ahead-of-secs-official-approval/

So this means that it is likely or almost assured that it would get approved? It would really be that impossible that they would be making out such immediate act
on starting on trading on thursday despite on having no final words about if its approved or not but basing up with these things then it would be
safe to assume that ETF would be approved.

In speaking generally about hopes and fears then it would be a never ending thing, fact is that this market would really be continuously
be making out such progress and recognition on which it is really that up to us on how we do deal things up accordingly.

[Agbamoni]

My hopes for 2024 are extremely high. I have managed to acquire some good amount of Bitcoin last year. Now i am expecting good news starting from the announcement of approving the Bitcoin ETF to the when the Bitcoin halving will start and end. Since i have heard there are so many good fortunes that would come if this two things happen this year.

Obviously, any old bitcoin investor will be very happy to see that the price of Bitcoin goes higher more than it has been. Currently at 47k plus is a good start in the beginning of the year. Definitely we believe that the price would be higher very soon and it will surpass its all-time high before the end of the year. 

Actually, my greatest fear is that if the Bitcoin ETF is being approved. Let it bring about a positive influence on the price of Bitcoin and not a negative influence. I am talking about Bitcoin specifically because i have only bitcoin in my portfolio. 

[Gozie51]

I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights

Despite the bright lights shining as you see the glimpse of hope that this year is good to be a great run for bitcoin and crypto in general, a good investor is the one that does reasonable investment. So invest wisely and don't put unnecessary pressure on yourself because you want immediate profit. No doubt that after the halving we are going to see bull run and if eventually bitcoin ETF is approved then it will further increase the volatility, however don't borrow to invest or throw all your money in to avoid pressure to yourself for the price to get to your target point.

[TimeTeller]

I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights

Despite the bright lights shining as you see the glimpse of hope that this year is good to be a great run for bitcoin and crypto in general, a good investor is the one that does reasonable investment. So invest wisely and don't put unnecessary pressure on yourself because you want immediate profit. No doubt that after the halving we are going to see bull run and if eventually bitcoin ETF is approved then it will further increase the volatility, however don't borrow to invest or throw all your money in to avoid pressure to yourself for the price to get to your target point.

It is still best to be conservative with estimates, especially if you don't have much funds to spare.
Fake news about approval of btc ETF, already gained a good jump in price. What more if the approval is true?
So it is fine to invest a good amount here, however, you should consider your financial portfolio, if you really can afford to.

[OgNasty]

My hope is that the coins being held from the mtgox bankruptcy are distributed to creditors and we don't see too big of a price correction.  I hope we start seeing corporations accumulate Bitcoin using mark to market accounting.  I hope we see Tesla again state that they will be accepting Bitcoin in the future.  I also hope we see more 110v Bitcoin miners so that competition brings competitive pricing and everyday people can support the Bitcoin network from their house.

My fear is that we see another major market crash after the halving and the market can't support miners so we see declining hashrate causing slower transaction confirmations, longer than 2 week difficulty readjustments, and massive mempool backlogs.  While the halvings are exciting because if they go well we all get a massive increase in the value of our holdings, it can't go unnoticed that the halving is also the most likely time for a downward spiral in value and hashrate to take out Bitcoin.

[bhadz]

We've been telling about $100k since the last 2021 bull run and it was unsuccessful during that time because it didn't reached the price. But this time, with ETF, halving and all of the other factors combined to make this possible. And that's why I am optimistic that we're going to see $100k not just an ATH but part of the another ATH that we might see for the next cycle. It is going to take one year and a few months before we see it. That's the timeline that I've set just to be sure that I don't miss that part anymore. I want to sell some by that time but in no way that I am going to sell all that I hold, that's not a wise thing to do and I don't know when I can reentry so just in case, I'll do the safeway of selling and trading base on what I think is right.