Bitcoin 190K in 2024?

[tsaroz]

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?

[Alphakilo]

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?

I like prediction models. They give us a feel for what we should be expecting. However for the model to be accurate, it should give us a range and not a particular price. Did this prediction model say the 190k will be achieved by December 2024 or immediately after the halving. It's like that it would be by December but not a week or two after the halving.

[philipma1957]

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?

I will ladder up starting at 77777 to 111111. I will hodl most of the coins even if we go to 111111

[rodskee]

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?

I like prediction models. They give us a feel for what we should be expecting. However for the model to be accurate, it should give us a range and not a particular price. Did this prediction model say the 190k will be achieved by December 2024 or immediately after the halving. It's like that it would be by December but not a week or two after the halving.

While we love seeing such prediction but 190k just this year seems to be a little exaggerated ,
I am a bitcoin supporter and even a holder to call my strategy  but i don't wanna hurt myself from
believing this that over from what can bring, but if we are talking about  till 2025? then my views
are different and indeed that its been telling by others that 200k is on the way
..

[pooya87]

And many prediction models place the future price of bitcoin into 190K.

I don't think the peak (specially if we are looking at top of a bubble not just a normal rise) has ever been predictable with any kind of model. The closest thing we had was the one with the cycles which no longer applies ever since COVID recession destroyed global economy.

Is 190K too humble or very generous in your consideration? What's your price plans for selling your holdings?

Why would I want to plan on selling my coins at any predefined price? I spend them if the opportunity arises at any time and during bull markets I'm more willing to do so. That's all.

[crwth]

$190K is too generous IMO. It's more than double the current ATH. This year, it can reach at some point in time but that's just wishful thinking, you know. I do believe that it could reach around $100K-150K just because of the charts that have been following the halving trend for years. I don't plan to sell my current stack, I just intend to HODL.

What about you OP? What price plans do you have?

[btc78]

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.

[DanWalker]

Bitcoin 190K in 2024?

$190k is not a very high target for bitcoin in this bull cycle. Personally, I am optimistic and believe that bitcoin can reach that number but I don't think it will happen this year. I predict that 2025 will be a boom year for bitcoin and the entire cryptocurrency market and we will see bitcoin reach its ATH in 2025 instead of later this year.

In addition, I am also optimistic that this bull cycle will last longer than the previous ones because we have many catalysts in this bull run. I consider this a super bullish cycle.

[PX-Z]

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?

Wild price predictions without any supporting details just vague statement are somewhat useless. Price did not even reached 100k for people to have  a conclusion of 190k bet.

[AbuBhakar]

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?

 An you provide the prediction model that shown a 190K target on 2024 because you are just using Bitcoin halving as reference to your prediction while you provide an exact target price that can’t be justified by your current thread.

I’m interested to know how they come up with 190K prediction because the typical price target using the past crypto cycle of doubling the ATH is just around 140K and this is my basis too instead of using exaggerated price predictions.

[tsaroz]

I like prediction models. They give us a feel for what we should be expecting. However for the model to be accurate, it should give us a range and not a particular price. Did this prediction model say the 190k will be achieved by December 2024 or immediately after the halving. It's like that it would be by December but not a week or two after the halving.

I’m interested to know how they come up with 190K prediction because the typical price target using the past crypto cycle of doubling the ATH is just around 140K and this is my basis too instead of using exaggerated price predictions.

Wild price predictions without any supporting details just vague statement are somewhat useless. Price did not even reached 100k for people to have  a conclusion of 190k bet.

It was a model that compared price one year ahead and one year after halving. The price prediction they claimed is for April 2025.
In past, there were slight correction after each halving but price changes are a bit different each time.

$190K is too generous IMO. It's more than double the current ATH.
What about you OP? What price plans do you have?

I plan to sell most of it just below 150K. That would be a humble target in my guess. It would not be wise to sell all of it or stay put all of it when the price falls. There ought to be a fall after the high rise and if I get to sell in a higher price, I might be able to buy twice that coins when they fall.

$190k is not a very high target for bitcoin in this bull cycle. Personally, I am optimistic and believe that bitcoin can reach that number but I don't think it will happen this year. I predict that 2025 will be a boom year for bitcoin and the entire cryptocurrency market and we will see bitcoin reach its ATH in 2025 instead of later this year.

In addition, I am also optimistic that this bull cycle will last longer than the previous ones because we have many catalysts in this bull run. I consider this a super bullish cycle.

Considering the last bull, we have a large increase in institutional investors and the total liquid coins haven't increased as much. A super bull is not a far dream. 2025 could be it considering it takes some time after the halving for it to show on price.

[Zaguru12]

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.

First your date seems to be off but that’s probably because there isn’t an exact date for when the halving will occur the only exact information is that the halving happens at 210,000 blocks apart from each halving. The last halving was at block 630,000 and the next is to happen at 840,000. So this is more accurate than a date that can change due to difficulty adjustment.

Your $190k seems a bit way above any technical analysis chart I have been seeing, in fact it’s above most of other analysts prediction for the next ATH till next halving but as it is a prediction and no prediction is bad. Moreover the market has been changing and not following the past tend fully due to ETF causing a FOMO, but my prediction will be a $100k for the year and $170k for the new ATH till next halving

[famososMuertos]

The current ATH arrives at an "unexpected" moment: pre-Halving, that is unprecedented, and the selling situation, that has stay to a base (+60k) , which is important, since it has put on uncertainty, for those users who wanted "flats" between 20k-40k.

2024,190k; no
2024,>60k<=100k;yes

[target]

Is 190K too humble or very generous in your consideration? What's your price plans for selling your holdings?

It's too bullish but it could go to more than $100k as BTC adoption spreads wider. After halving also the TA guys are still predicting the market to still be very bullish in 2025. Its going to be a surprise for its not the regular cycle but if the price goes to $150k by 2025, I think you could consider selling already, I'm sure it's a big profit for anyone who has been holding for the duration of this bull market.

[Asiska02]

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?

This upcoming halving is not an exception for the expected increase in price of bitcoin as it has always been. 190K is a reasonable price to me and bitcoin could come close to that price if not reaching it actually. So many price predictions and anticipation for what the next all time-high of bitcoin will be, it is just a matter of time until it happens, but bitcoin will surely surpass 100K and have a six figures as its new price.
For every bitcoin holder, every of them will love to sell when they’re on profit and when not on loss. What will differ in the accumulated profit to be be gained lies in their level of greed and profitability skill through understanding of the market movement.

[sunsilk]

Is 190K too humble or very generous in your consideration?

There are predictions that even higher than that so, if that's a generous consideration from them. Someone who has decided to sell will have to sell at his/her desired price whether he's a miner or not. But most of the miners will sell it at the rate of their likes so, we'll just gonna do the same as them.

What's your price plans for selling your holdings?

I have no idea.

I'll come to sell when I have to and where there's a better price opportunity. But I have no plans yet, maybe somewhere around that 6 digit market or it can also be higher than the price you've said.

[Wiwo]

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?

Oh no we are in 2024 already and bitcoin is already making moves to record another unprecedented price movement that will take the community by surprise,  although we can't tell when and how that is going to play out but one thing for sure is that bitcoin is going to record another price benchmark that will be a record price.

For me $190k bitcoin price in 2024 I a good speculation and with all the available data's that shows the possibilities of achieving that price before the year runs out, since bitcoin halven will happen in the first quarter of 2024 and we still have more than 6 month before 2024 plays put, 6 month is a good enough time after bitcoin halven to build the price into a full bull market.

[Wexnident]

~

Too generous. Even if we do go past 100k for the next period, I reckon it won't go past 150k. The increments in which the market grows get smaller and smaller every time it happens imo, so I don't think it's realistic to expect 190k in a year. Well if you consider how there's a lot of other predictions higher than that then I guess it looks pretty normal but well, price doesn't change based on how high peoples predictions are.

As for selling, well, I'll sell when I want to. I'd probably take a profit at $100k or something then wait a couple of months before investing again but hey, things change so who knows.

[Text]

I think the 190K prediction seems ambitious but not entirely implausible given the market dynamics and potential for increased adoption. I sold when it hit a new ATH this year but I sold it even lower. I really expected it to reach the 100K mark but it didn't, and then it bounced back. I said to myself that if it doesn't continue rising, I'll take profit for now and just save again to be able to handle the next increase and if it creates a new ATH again.

[aoluain]

Bitcoin 190K in 2024?

$190k is not a very high target for bitcoin in this bull cycle. Personally, I am optimistic and believe that bitcoin can reach that number but I don't think it will happen this year. I predict that 2025 will be a boom year for bitcoin and the entire cryptocurrency market and we will see bitcoin reach its ATH in 2025 instead of later this year.

In addition, I am also optimistic that this bull cycle will last longer than the previous ones because we have many catalysts in this bull run. I consider this a super bullish cycle.

Yea I am optimistic too actually. Look at how the market jumped from ~$40k to ~$74k
in a matter of weeks! If it wasnt for all the ETF approvals I would say $190k was absolutely
pie in the sky prediction but because of the buy pressures from ETF's going forward and
the cut in block reward I think we can reach $190k!

As for price plans dor selling - I dont have any, I'm certainly not setting it at $190k,
that might very well be selling too early, I will wait and see where we end up early 2025 I think.