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Author Topic: Bitcoin 190K in 2024?  (Read 1093 times)
laijsica
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March 30, 2024, 08:43:49 AM
 #81

A very important event is scheduled to happen this April. Around April 16 or 17. It's bitcoin halving again. i.e. number of bitcoin rewarded for mining a block would be halved. It meas half bitcoin reward for equal task for miner. That would also decrease the liquidity in bitcoin provided by the miners. The miners operate on small margin and many could go on loss if they sold their reward for current price so they won't be willing to sell it unless price moves up. Bitcoin in past have seen a good price boost after the halving. And many prediction models place the future price of bitcoin into 190K.
Is 190K too humble or very generous in your consideration? What's your price plans for selling your holdings?
Your prediction about the price of bitcoin seems a bit over-exaggerated but everyone should be optimistic. However, this is not unusual in the context of bitcoin. For investors, forecasting seems showing a rosy outlook. We strongly expect this price to hit by 2027 in my opinion. So it is not right to sell it negligently. Recently it seems like every day is a dip day for the price of bitcoin. So rushing to sell bitcoins could be throwing your profits down the drain. so today.... "Buy the dip and hold".

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March 30, 2024, 09:12:01 AM
 #82

Considering how bitcoin has been performing over the years I will say that bitcoin at $190k is a good price range. That's more than 2x from current price. If I see bitcoin at this price I will sell part of my holding and reposition myself again for another entry point, possibly after bullrun might have been over. It's important to know when to take profit and when to keep holding.
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March 30, 2024, 11:37:45 AM
 #83

A very important event is scheduled to happen this April. Around April 16 or 17. It's bitcoin halving again. i.e. number of bitcoin rewarded for mining a block would be halved. It meas half bitcoin reward for equal task for miner. That would also decrease the liquidity in bitcoin provided by the miners. The miners operate on small margin and many could go on loss if they sold their reward for current price so they won't be willing to sell it unless price moves up. Bitcoin in past have seen a good price boost after the halving. And many prediction models place the future price of bitcoin into 190K.
Is 190K too humble or very generous in your consideration? What's your price plans for selling your holdings?
Your prediction about the price of bitcoin seems a bit over-exaggerated but everyone should be optimistic. However, this is not unusual in the context of bitcoin. For investors, forecasting seems showing a rosy outlook. We strongly expect this price to hit by 2027 in my opinion. So it is not right to sell it negligently. Recently it seems like every day is a dip day for the price of bitcoin. So rushing to sell bitcoins could be throwing your profits down the drain. so today.... "Buy the dip and hold".
speaking historically bitcoin price rally has always caught people off guard back then when bitcoin first release i'm sure that people don't imagine this coin gonna reach price of $1000 but see what we are now, i'm sure $190k is still within realistic range, but maybe your statement about it gonna be reached when 2027 also holds truth, after all we just can't really predict how bitcoin price gonna behave, but overall right now we are not even halving yet already reaching more than $70k which already beyond previous all time high, you can imagine if somehow the prices double like before, then its gonna be easy $140k and that looks promising enough to further amplified by the introduction of various altcoin ETF that might also help increase demand for it, we all know the ETF is a huge success and such price mark is possible.

regardless though being an investors also requires realistic quality of an investor so of course its no good being overly pessimistic since that might cause us to miss selling opportunity but i still believe that
the price mark of $100k that people are setting, or at least dreaming of, might be a bit too pessimistic, bitcoin could do more than that.

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March 30, 2024, 01:37:58 PM
 #84

Considering how bitcoin has been performing over the years I will say that bitcoin at $190k is a good price range. That's more than 2x from current price. If I see bitcoin at this price I will sell part of my holding and reposition myself again for another entry point, possibly after bullrun might have been over. It's important to know when to take profit and when to keep holding.

Yes, possible that we might see it that big in the next year, not 2024. I think the best strategy is just to time the market, and then just sell at staggered set and not on one big dump of your stash. I do agree that we should still be holding or at least accumulating because we are still very far from that 6 digits that we wanted to see. So in every chance we have, we should save and stack sats. And then look for like $100k then $150k to sell and take profits in my opinion.

So I will say that we need more time and wait till 2025 to sell. Yes we reach new all time high, but there are more room to improve next year. For sure, others too are looking for a great ROI and this bull run will one of the biggest in history I reckon.
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March 30, 2024, 01:46:04 PM
 #85

Considering how bitcoin has been performing over the years I will say that bitcoin at $190k is a good price range. That's more than 2x from current price. If I see bitcoin at this price I will sell part of my holding and reposition myself again for another entry point, possibly after bullrun might have been over. It's important to know when to take profit and when to keep holding.

Yes, possible that we might see it that big in the next year, not 2024. I think the best strategy is just to time the market, and then just sell at staggered set and not on one big dump of your stash. I do agree that we should still be holding or at least accumulating because we are still very far from that 6 digits that we wanted to see. So in every chance we have, we should save and stack sats. And then look for like $100k then $150k to sell and take profits in my opinion.

So I will say that we need more time and wait till 2025 to sell. Yes we reach new all time high, but there are more room to improve next year. For sure, others too are looking for a great ROI and this bull run will one of the biggest in history I reckon.

But what makes you so sure that bitcoin will reach $190K or higher by 2025 and not by the end of this year? I think relying on history to predict the future is no longer accurate because bitcoin also broke the historical cycle by creating a new ATH before halving. None of us have a crystal ball to know exactly what will happen in the future, whether bitcoin will peak this year or next year. We need to closely monitor the market situation so that we can make timely decisions instead of being subjective with our judgments.

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March 30, 2024, 02:23:25 PM
 #86

A very important event is scheduled to happen this April. Around April 16 or 17. It's bitcoin halving again. i.e. number of bitcoin rewarded for mining a block would be halved. It meas half bitcoin reward for equal task for miner. That would also decrease the liquidity in bitcoin provided by the miners. The miners operate on small margin and many could go on loss if they sold their reward for current price so they won't be willing to sell it unless price moves up. Bitcoin in past have seen a good price boost after the halving. And many prediction models place the future price of bitcoin into 190K.
Is 190K too humble or very generous in your consideration? What's your price plans for selling your holdings?
$190k dollar is around $200k I don't know if bitcoin price will go up to $190k. It will be great for us if the desired target is reached. I hold my bitcoins there if I get the maximum amount of success then it's lucky for us. I expected bitcoin price to reach $170k to sell my holding but I will sell my investment if it reaches $170k. Halving is not long and only 20 to 25 days left then the bull run will start in the market let's see if Bitcoin can reach all time highs during the bull season. According to the current price, it can go up to $190k, nothing is impossible.

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March 30, 2024, 03:12:33 PM
 #87

Considering how bitcoin has been performing over the years I will say that bitcoin at $190k is a good price range. That's more than 2x from current price. If I see bitcoin at this price I will sell part of my holding and reposition myself again for another entry point, possibly after bullrun might have been over. It's important to know when to take profit and when to keep holding.
Apart from it still being important to know when to take profit and when to buy again, you also have to think more logically when you start to believe in Bitcoin's price range at $190K or double the current price. Because if after you sell some of your current holdings, it might be a different story if you can't buy it back at a lower price because of the continued increase in prices in Bitcoin. So you still need to think about this before you actually sell half of your current holdings.

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March 30, 2024, 05:53:24 PM
 #88

A very important event is scheduled to happen this April. Around April 16 or 17. It's bitcoin halving again. i.e. number of bitcoin rewarded for mining a block would be halved. It meas half bitcoin reward for equal task for miner. That would also decrease the liquidity in bitcoin provided by the miners. The miners operate on small margin and many could go on loss if they sold their reward for current price so they won't be willing to sell it unless price moves up. Bitcoin in past have seen a good price boost after the halving. And many prediction models place the future price of bitcoin into 190K.
Is 190K too humble or very generous in your consideration? What's your price plans for selling your holdings?
And after just three weeks of waiting, we may be experiencing the bitcoin halving event. In the past we may have seen bitcoin prices rise after a bitcoin halving. But this time, Bitcoin reached its peak price before halving exceptionally. I don't know if Bitcoin will hit $190k in a next year after the halving but I'm looking forward to crossing $100k after the halving for now. it is not impossible to reach $190k as Bitcoin price has increased. I have not yet decided to sell my holdings, if the price of bitcoin crosses $150k I will move on to decide whether to sell my bitcoin holdings or not.

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March 30, 2024, 11:37:45 PM
 #89

Considering how bitcoin has been performing over the years I will say that bitcoin at $190k is a good price range. That's more than 2x from current price. If I see bitcoin at this price I will sell part of my holding and reposition myself again for another entry point, possibly after bullrun might have been over. It's important to know when to take profit and when to keep holding.

Yes, possible that we might see it that big in the next year, not 2024. I think the best strategy is just to time the market, and then just sell at staggered set and not on one big dump of your stash. I do agree that we should still be holding or at least accumulating because we are still very far from that 6 digits that we wanted to see. So in every chance we have, we should save and stack sats. And then look for like $100k then $150k to sell and take profits in my opinion.

So I will say that we need more time and wait till 2025 to sell. Yes we reach new all time high, but there are more room to improve next year. For sure, others too are looking for a great ROI and this bull run will one of the biggest in history I reckon.

But what makes you so sure that bitcoin will reach $190K or higher by 2025 and not by the end of this year? I think relying on history to predict the future is no longer accurate because bitcoin also broke the historical cycle by creating a new ATH before halving. None of us have a crystal ball to know exactly what will happen in the future, whether bitcoin will peak this year or next year. We need to closely monitor the market situation so that we can make timely decisions instead of being subjective with our judgments.
This is main point we don't know about anything with sentiments are positive and as we are heading for the halving we can expect another good bull run which is going to bring good new record for the high price and what is this we have no idea about this.
$190K is not guaranteed but still anything related to this magic six figures is going to be amazing for the community and this will happen in 2024 or 2025 It's also not clear but surely coming its good news for the investors most of the peoples are having their own targets so it's not important what is coming and how things will be, but surely anything big is going to be good for taking profit.

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March 31, 2024, 06:16:58 AM
 #90

Time is getting closer to halving, for me this is a special moment even though I only hold a little bitcoin and a few altcoins, the euphoria is so pronounced and there are many surprises in my opinion, a matter of weeks yes. The miners may not be as happy as we are when halving. But not necessarily, if these miners have saved far away or maybe from the previous halving. Maybe it's still logical for X2 at the full price today for each bitcoin, but maybe in the next few months, if it's 3 weeks I think it's too tight and very short to exceed that price. Indeed, bitcoin is a special coin for everyone even though the price is currently very impressive. Even if the price touches the prediction either in the middle of this year or Q4 I think it is still included in the halving year Wink.

I keep bitcoin in my wallet as much as possible, even though I sold it a few times for airdrop missions and I don't hesitate to buy back bitcoin at the current price if I get any money from it. There is an art to keeping bitcoin.









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March 31, 2024, 08:40:41 AM
 #91

Time is getting closer to halving, for me this is a special moment even though I only hold a little bitcoin and a few altcoins, the euphoria is so pronounced and there are many surprises in my opinion, a matter of weeks yes. The miners may not be as happy as we are when halving. But not necessarily, if these miners have saved far away or maybe from the previous halving. Maybe it's still logical for X2 at the full price today for each bitcoin, but maybe in the next few months, if it's 3 weeks I think it's too tight and very short to exceed that price. Indeed, bitcoin is a special coin for everyone even though the price is currently very impressive. Even if the price touches the prediction either in the middle of this year or Q4 I think it is still included in the halving year Wink.

I keep bitcoin in my wallet as much as possible, even though I sold it a few times for airdrop missions and I don't hesitate to buy back bitcoin at the current price if I get any money from it. There is an art to keeping bitcoin.

You dont need to worry about the miners because the block reward will decrease but the price of bitcoin increases significantly , so they still make a big profit. In addition, the higher the price of bitcoin, the higher the transaction fees will be, and they are also the ones who benefit from the transaction fees, so they will not be as disappointed as you think. Not to mention , miners are also considered sharks in the market and they will know how to manipulate and manipulate the market to bring them profits . if they don't make a profit , do you think they will continue mining? Just like you , if the investment is not profitable , will you continue to invest in Bitcoin? No one wants to do charity work in this market.

To me, retail investors are still the biggest losers in this game . But it's okay , as long as we have a good plan there is still a way for us to make great profits from Bitcoin.

to answer the op's question, no one knows what will happen, but let's hope bitcoin can reach 190k$ or higher by the end of the year .

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March 31, 2024, 01:36:22 PM
 #92

$190k is a bold prediction and highly improbable but yet, not impossible. When the rally begins, things can go really high really fast.

1BTC=$190k would result in Bitcoin's market cap of $3.7 trillion (at the current number of bitcoins in issue). For comparison, gold's market cap is estimated to be over $14 trillion, so even then BTC would be almost x4 smaller than gold.
I don't really think so, since even $100k is pretty common right now, so an additional $90k I think won't hurt that much or doesn't look too shabby after all. See? You even said this  : ⤵

Quote
When the rally begins, things can go really high really fast.
It's okay if BTC's market cap is smaller than gold. All of us already know this because BTC is much newer than gold but it is still amazing that BTC's value is higher than it and then it also has an interesting use than gold. A higher market cap can result for more money being poured in the asset but that is possible for something like BTC. Even gold made it possible so why not in BTC when it is much superior than it?

But do you have the source for that $190k prediction? Did they mention methodology at all? We often see a bunch of "experts" throwing random numbers around. It's almost like the highest the prediction, the more media coverage it gets.
The explanation would be is because there are people like you who thinks it is not possible. It can also act as a hype which is a good thing for the coin and the more it will be possible for it to occur. There is no need for a source since it was only just a prediction anyway.

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April 01, 2024, 08:25:32 AM
 #93

Time is getting closer to halving, for me this is a special moment even though I only hold a little bitcoin and a few altcoins, the euphoria is so pronounced and there are many surprises in my opinion, a matter of weeks yes. The miners may not be as happy as we are when halving. But not necessarily, if these miners have saved far away or maybe from the previous halving. Maybe it's still logical for X2 at the full price today for each bitcoin, but maybe in the next few months, if it's 3 weeks I think it's too tight and very short to exceed that price. Indeed, bitcoin is a special coin for everyone even though the price is currently very impressive. Even if the price touches the prediction either in the middle of this year or Q4 I think it is still included in the halving year Wink.

I keep bitcoin in my wallet as much as possible, even though I sold it a few times for airdrop missions and I don't hesitate to buy back bitcoin at the current price if I get any money from it. There is an art to keeping bitcoin.
Nothing wrong with getting excited about the bull run, but at the same time you need to remain collected as a way to prevent yourself from making a mistake, as it would not be rare that instead of going up the price went down, and if that were to happen I am sure there are going to be many investors getting emotional about it and they may sell their coins as a result of an emotional outburst, and then a few months down the line they may regret their decision.
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April 02, 2024, 09:48:42 AM
 #94

Considering how bitcoin has been performing over the years I will say that bitcoin at $190k is a good price range. That's more than 2x from current price. If I see bitcoin at this price I will sell part of my holding and reposition myself again for another entry point, possibly after bullrun might have been over. It's important to know when to take profit and when to keep holding.
The success of any trader depends on how well he understands the market. Knowing the buying and selling points can fetch you a good profit at any time. As the rest of the traders including me seem quite optimistic about Bitcoin, in the next couple of years we may see Bitcoin rise to new heights or maybe before that as all traders who trade on Bitcoin know the price of Bitcoin goes up after every halving.

Holding is all about patience in my opinion. A person who invests in Bitcoin to hold it for long-term will only be able to do that if they have enough patience that would allow them to keep holding even when Bitcoin gets to a good height but would still have the potential to go higher.

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April 02, 2024, 12:19:00 PM
 #95

Considering how bitcoin has been performing over the years I will say that bitcoin at $190k is a good price range. That's more than 2x from current price. If I see bitcoin at this price I will sell part of my holding and reposition myself again for another entry point, possibly after bullrun might have been over. It's important to know when to take profit and when to keep holding.

Yes, possible that we might see it that big in the next year, not 2024. I think the best strategy is just to time the market, and then just sell at staggered set and not on one big dump of your stash. I do agree that we should still be holding or at least accumulating because we are still very far from that 6 digits that we wanted to see. So in every chance we have, we should save and stack sats. And then look for like $100k then $150k to sell and take profits in my opinion.

So I will say that we need more time and wait till 2025 to sell. Yes we reach new all time high, but there are more room to improve next year. For sure, others too are looking for a great ROI and this bull run will one of the biggest in history I reckon.

But what makes you so sure that bitcoin will reach $190K or higher by 2025 and not by the end of this year? I think relying on history to predict the future is no longer accurate because bitcoin also broke the historical cycle by creating a new ATH before halving. None of us have a crystal ball to know exactly what will happen in the future, whether bitcoin will peak this year or next year. We need to closely monitor the market situation so that we can make timely decisions instead of being subjective with our judgments.

It will be huge jump though, the chances are slim at least that's how I see it. Others predicted that the bull run top will be around that price of $150k-$190k and that could happen in 2025. So you just have to look at the chart right now, it will be like 2.x something in the next 6 months so that is huge in my opinion.

I could be wrong, but I think we should really be logical on what we want to see the price at the end of the year. $190k for me will be too big this year. So it's better not to expect something big and then be disappointed if it didn't happen just like in the last bull run wherein there were a prediction model (S2F) who says that the top price will be $100k but it didn't happen.
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April 02, 2024, 04:45:36 PM
 #96

~
Is 190K too humble or very generous in your consideration? What's your price plans for selling your holdings?
Too high for me, but anything can happen with Bitcoin. It's only a matter of "what are the chances that this scenario will happen?"

For me, $190,000 is too high considering that it's too high. I don't see that Bitcoin will making that much upside to a point where it will surpass the $150,000 price because I believe that it's peak will just be at that price. I only see Bitcoin making at least 2x from it's previous ATH of near $69,000. Well, we don't know what can happen with Bitcoin in the bull run. We might see Bitcoin not even reaching the $100,000 during the bull run or we might see Bitcoin reaching as high as $200,000.

One thing's for sure though. Those who risked their money during the bear market, and bought as many Bitcoins as they can are the ones who are getting the most profits right now.

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April 02, 2024, 07:26:19 PM
 #97

Seems too generous.

I have high hopes for bitcoin and I am certain that it is still going to hit a new all time high this year. A little too hopeful if I say it might reach a new ath before halving and then again after. Whichever way it is I know that a new ath will be recorded once again. Will it come to $190k? No. My best bet would be $100k actually. If something unexpected it would be $110k maximum.
I agree that predicting Bitcoin price to reach $190k this year can be wishful thinking or too generous like you said, although I'm very hopeful about a massive bull season, and the $190k or $200k price target can be achieved in the peak of bull run somewhere in 2025, I'm modestly predicting it's price to be in the range of max $110k within this year 2024. Although the crypto market is quite unpredictable and events can make price to swing unexpectedly, so if we're to see a price surge like it's predicted in the OP within this year 2024, then the bull season might be shortlived, we might then see an early start of bear run.
You one thing about bitcoin is that many people have their own speculations towards Bitcoin and for someone to have a such thought that bitcoin may reach one hundred and ninety thousand to two hundred thousand before end of this year...I will say its a personal suggestion of op because we all knows that the price of bitcoin is unpredictable and its really encouraging that bitcoin price will continue to increase to a certain point that the price one day will reach to the vision of op, but right now I have not see price of bitcoin like something that will achieve such this year 2024, maybe by next year after halving the price will be increasing gradually.

Many people have speculated in many ways but I would like to say here that if we wait till 2025 we will definitely reach six figure level (100000) for sure. Bitcoin Price All-Time Change 2024 Bitcoin Set New Record High Since Bitcoin ETF Became.  Which broke the record of 2021 and again set a new record with the price of 73.6. If you think about the history of halving in 2020, the price at the time of halving was like 20k dollars. And in 2021, Bitcoin price touched $69k during the bull run. So of course we'll see a very high probability of Bitcoin going from $150K to $170K in 2025.
Nobody is saying that the price will not get to such value but the major problem is that, the price of bitcoin is unpredictable a negative news may come up and crashes the price of Bitcoin so if we are expecting the price to reach hundreds and fifty thousand to two hundred thousand this this year I will say that it's under probability, indecencies that anything can revise the price of bitcoin not to accelerate, we are not agitating or speculating that the price will be at hundreds thousand [100k] before this year...do any of us have proof analysis that bitcoin price will reach one hundred and fifty to two hundred thousand [150k/200k] before this year..

Well this will be very good for price of 1 Bitcoin to be this price. I do think this number 190K is very bullish but do not know how high we will get.
I am still 'bullish' for Bitcoin and all crypto currency. We did see the new All Time High so maybe we are going to see much more profits in 2024.
the thing is that we are exaggerating for the price of bitcoin right now, bitcoin price has not hits hundred thousand [100k] and many of us is emphasizing on one hundred and ninety and two thousand...is going to be possible this year, one thing is that the price of bitcoin is unpredictable and it may happen tomorrow the price of bitcoin decrease base on the demands and the supply of bitcoin...this has happened before, when the price of bitcoin reached sixty nine thousand [69k] that should be in 2021 and later run the price fall to the extent of reaching seventeen thousand [17k], so that is to say bitcoin price is unpredictable and we can't because of the price is increasing seriously and start to decrease.

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April 02, 2024, 09:31:17 PM
 #98

-snip-
the thing is that we are exaggerating for the price of bitcoin right now, bitcoin price has not hits hundred thousand [100k] and many of us is emphasizing on one hundred and ninety and two thousand...is going to be possible this year, one thing is that the price of bitcoin is unpredictable and it may happen tomorrow the price of bitcoin decrease base on the demands and the supply of bitcoin...this has happened before, when the price of bitcoin reached sixty nine thousand [69k] that should be in 2021 and later run the price fall to the extent of reaching seventeen thousand [17k], so that is to say bitcoin price is unpredictable and we can't because of the price is increasing seriously and start to decrease.
You know - a lot of people just call out random numbers when predicting the price of bitcoin this year and next year. You don't need to worry about them even though the odds are they could be right or wrong - but just get yourself to hold more if you believe the price can give you better returns in the future.

I can't guess the price - but based on history, $100K is likely to be crossed during the next bullish phase after the halving. Of course you shouldn't believe what I say - but for me, it's the best that can be hoped for. Anyway - here's my second quote for you today's. LOL

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April 03, 2024, 06:31:12 PM
 #99

Considering how bitcoin has been performing over the years I will say that bitcoin at $190k is a good price range. That's more than 2x from current price. If I see bitcoin at this price I will sell part of my holding and reposition myself again for another entry point, possibly after bullrun might have been over. It's important to know when to take profit and when to keep holding.

I think most of the people will wait for such price target but most of them will sell their bitcoin once it reach to 100k$. When the selling remains higher at 100k$ then there will be doubt that it will reach to 190k$.

If someone wants to have greater profit then sell some bitcoin at your target value and left the remaining amount for 190k$ to achieved but this will take longer time and you should know about this fact.

If someone have the ability to know about the price for buying and selling then he can take the profit under appropriate conditions without missing any chance.



 

 

 

 

 

 


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April 03, 2024, 07:59:36 PM
 #100

Considering how bitcoin has been performing over the years I will say that bitcoin at $190k is a good price range. That's more than 2x from current price. If I see bitcoin at this price I will sell part of my holding and reposition myself again for another entry point, possibly after bullrun might have been over. It's important to know when to take profit and when to keep holding.

I think most of the people will wait for such price target but most of them will sell their bitcoin once it reach to 100k$. When the selling remains higher at 100k$ then there will be doubt that it will reach to 190k$.

If someone wants to have greater profit then sell some bitcoin at your target value and left the remaining amount for 190k$ to achieved but this will take longer time and you should know about this fact.

If someone have the ability to know about the price for buying and selling then he can take the profit under appropriate conditions without missing any chance.
Better not to make yourself that too optimistic when it comes to these things so that you wont really be that getting disappointed if the price wont really be able to hit up this high. So having that kind of approach is much more better because you arent that really expecting too much. Expect the unexpected which is always the recommended thing i do really say specially on dealing up with a market which is really truly random and unpredictable. $190k is really that too far stretched off when we do speak about only for this year 2024 and this is something could neither happen or not, no one really knows.  Just like on what i have said earlier
that its better not to make yourself that setting out those numbers or those spots because we cant really be sure.,Yes we can make out those assumptions but it would be better that you should really be
that anticipating that everything could happen. We arent even sure about that last dump before that moonshot or start up of bull run.

R


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