Bitcoin 190K in 2024?

[davis196]

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 think that for a 190K BTC price we are going to need the help of Elon Musk/Tesla.
Elon needs to start aggressively shilling Bitcoin on Twitter/X and Tesla has to accept BTC payments again. If I remember this correctly, Musk and Tesla were the main driving force for the 2021 Bitcoin price pump up to sixty thousand dollars. They were also a big reason for the price dump afterwards. AFAIK, Bitcoin mining is more "green" than ever and Musk has to keep his promise about accepting BTC payments, after Bitcoin mining becomes "green".
Jokes aside, a 190K Bitcoin price can be achieved, if the HODLers keep accumulating and HODLing, while the companies keep spreading mass adoption of Bitcoin. We need a bigger army of HODLers and a bigger army of Bitcoin buyers.

[1714303891]

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[1714303891]

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[tengui]

Initially I had a target of $150k, but looking at the current situation it seems like $150k is too high. currently my target is at $100k-$120k. If the halving occurs on April 16 or 17, it means the halving will start in less than 20 days. My estimate is that when the halving starts the price of bitcoin will be around $80k, and my mind says $190k or $150k is too high.

[pawel7777]

Initially I had a target of $150k, but looking at the current situation it seems like $150k is too high. currently my target is at $100k-$120k. If the halving occurs on April 16 or 17, it means the halving will start in less than 20 days. My estimate is that when the halving starts the price of bitcoin will be around $80k, and my mind says $190k or $150k is too high.

How do you set your target price? Is there any logic/methodology to it, or do you only rely on your feelings?
Making emotionally based decisions is never advised in crypto or any other trading. There's a big chance you would end up selling at $100k and buy back at say $120k if the FOMO kicks in.
In terms of Bitcoin's cyclical movements, dates of halvings were pretty much insignificant. In the past, major rallies would come quite a long time after halvings.

[Nrcewker]

I would say don’t be greedy. If you need to claim the profits now, then keep 100k usd as the target. If you greed for more and wait till 190k usd, then you will end up in losing the good profits. If you are someone who doesn’t need the money in urgency, then it’s alright to keep the investment in Bitcoins only. Bitcoins are such a coin which is increasing in price day by day due to the demand in public, hence in the next to next halving we might see Bitcoins crossing 500k usd mark also.

[CODE200]

I would say don’t be greedy. If you need to claim the profits now, then keep 100k usd as the target. If you greed for more and wait till 190k usd, then you will end up in losing the good profits. If you are someone who doesn’t need the money in urgency, then it’s alright to keep the investment in Bitcoins only. Bitcoins are such a coin which is increasing in price day by day due to the demand in public, hence in the next to next halving we might see Bitcoins crossing 500k usd mark also.

Totally in agreement with you, take the profit at 100k because a lot of people are going to be taking their profit at 100k too, the price would inevitably go down when the price of bitcoin reaches that point, no two ways about it, the goal of not selling until it hits 190k would only be a thing to do when you've got so much bitcoin and fiat that you don't mind not selling until you reach your target price, that's what I think about this, if you're not a hardcore long-term hodler then it's best that you don't try to be so ambitious as not to take profit at 100k but if you are then by all means, be ambitious and do what you got to do and you got my admiration.

[bitzizzix]

And as we know, many people predict that the price of Bitcoin will rise after Bitcoin halves in 2024, but we will not know for sure how much the price of Bitcoin will increase.
And what we need to know is that there are many factors that can influence the price of Bitcoin that we have never known before, and although so far there has been a lot of positive news. And although the Bitcoin halving in 2024 is expected to increase the price of bitcoin, I don't think it will reach 190K and I think 130K-150K is still possible and also reasonable.

[Out of mind]

As the Bitcoin market is about to halve in April, the price of Bitcoin will fluctuate much more than it currently does. Although Bitcoin's liquidity will continue to increase in demand after a halving, we've seen the price of Bitcoin rise even higher when Bitcoin halvings occur. However, the trend we are seeing in Bitcoin right now can confirm that the Bitcoin market is going to improve even more in the coming days. Although most analysts have predicted that Bitcoin is likely to cross $150k after the market halving, and we believe it. However, we think that 2025 will be the start of the Bitcoin bull season and that is when the Bitcoin market will peak. Although most people have a plan to sell when the bitcoin market peaks in ATH and I have this plan as well. However, I think I will sell Bitcoin when it reaches a peak and then buy again when the market is bearish.

[Fakhrulenclix]

As the Bitcoin market is about to halve in April, the price of Bitcoin will fluctuate much more than it currently does. Although Bitcoin's liquidity will continue to increase in demand after a halving, we've seen the price of Bitcoin rise even higher when Bitcoin halvings occur. However, the trend we are seeing in Bitcoin right now can confirm that the Bitcoin market is going to improve even more in the coming days. Although most analysts have predicted that Bitcoin is likely to cross $150k after the market halving, and we believe it. However, we think that 2025 will be the start of the Bitcoin bull season and that is when the Bitcoin market will peak. Although most people have a plan to sell when the bitcoin market peaks in ATH and I have this plan as well. However, I think I will sell Bitcoin when it reaches a peak and then buy again when the market is bearish.

After the halving, it is very likely that there will be a big price jump, but I realistically see that the price of $190k is very far from the current price and even at a price of $100k we have never seen it even though it has been speculated for a long time.
So I think in 2024 we will still see a big price spike but it won't reach $190k, maybe even reaching $100k will be quite surprising.

[aylabadia05]

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

As a form of gratitude for being able to get Bitcoin at the current price and a price that is cheaper than the current price, I can accept a price of $100k or above because when the Bitcoin price can reach the price you mentioned, then all parties can enjoy the benefits, except for people who don't feel like it. never satisfied.

190k is not a low price compared to the predicted price of 100k.
100k is also not low compared to the current price because when Bitcoin reaches 100k, the profit will be around 30k from the price of 70k.
Everyone wants more, but when the profit is around 50%, then for me that is more than enough.

[Republikcoin.com]

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

As a form of gratitude for being able to get Bitcoin at the current price and a price that is cheaper than the current price, I can accept a price of $100k or above because when the Bitcoin price can reach the price you mentioned, then all parties can enjoy the benefits, except for people who don't feel like it. never satisfied.

190k is not a low price compared to the predicted price of 100k.
100k is also not low compared to the current price because when Bitcoin reaches 100k, the profit will be around 30k from the price of 70k.
Everyone wants more, but when the profit is around 50%, then for me that is more than enough.

The price of $100K for one Bitcoin is a target level that is not too far away for Bitcoin to reach if the trend of increasing Bitcoin prices in the market continues and there are no signs of a major price correction. But for that $190K range, I think Bitcoin still needs more time to reach that level because that level is more than double the current price which certainly won't happen easily in the near future. And regarding the benefits of increasing Bitcoin prices so far, I think everyone who still holds Bitcoin will definitely be very happy and grateful because this is a real joy that they must receive.

[aylabadia05]

<snip>

The price of $100K for one Bitcoin is a target level that is not too far away for Bitcoin to reach if the trend of increasing Bitcoin prices in the market continues and there are no signs of a major price correction. But for that $190K range, I think Bitcoin still needs more time to reach that level because that level is more than double the current price which certainly won't happen easily in the near future.

At the current level, it may be true that reaching 190k will take more time. According to my speculation, the price of 190k is not a target for 2024, maybe it can be realized in a few years after 2024 even though the fluctuating nature of the price could be realized.
In principle, as a form of gratitude I will accept whatever the price is achieved because when the price prediction can reach 100k, at that time many people will be able to experience big profits.

If we look at the many speculations on the internet, including on platform x, reaching 190k is still difficult. Following the 4 year cycle, I think the highest price achievement after the halving will be at a price level above 100k.

[Oneandpure]

Current bitcoin price still stuck on $70k I don't high expected will break $190k in 2024, usually take more than one year later after halving time moment for bitcoin break out to higher price and for this target price of bitcoin need one or two years later to see.
I know nothing impossible in bitcoin and easily how pump and dump drastically in short time but difficult to make investor keep holding their bitcoin after raising up higher price and how possibility will be more dominance holder when bitcoin break above $100k.

Seems big problem with bitcoin holder easily get panic moment when sharing bad news, correction always waiting for when bitcoin have raise higher price and take moment awhile for bitcoin recovering to higher price again, I think left few month in this year and seems difficult bitcoin can break out above $190k

[Moreno233]

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?

This is a possibility but my fear is that much of the news that would have supported this kind of huge rise in price has already been released during the Bitcoin ETF and the bull run that followed from it. At the moment, the market is already finding equilibrium around the $70k-ish zone as the market is fining it hard to go beyond that. I don't know if the halving will make much news like the ETC to be able to see price of Bitcoin almost tripled looking at the fact that we are already in a bull run. I hope it does even though I still have my doubts.

[SATWAT]

I would say don’t be greedy. If you need to claim the profits now, then keep 100k usd as the target. If you greed for more and wait till 190k usd, then you will end up in losing the good profits. If you are someone who doesn’t need the money in urgency, then it’s alright to keep the investment in Bitcoins only. Bitcoins are such a coin which is increasing in price day by day due to the demand in public, hence in the next to next halving we might see Bitcoins crossing 500k usd mark also.

Even your all statement is right, and we can do things as we are heading for the few milestones but still if someone can afford he needs to stay in hunt for this target as well because now opportunities are coming for this figure as well with most chances we will touch this figure of $100K in this year even few are expecting this will happen in April and few are feeling we have to wait for this because this is possible but can happen in near the end of this year.
For me, I am also having first target of $100K and then my second one is $150K but still I am not sure whether I will sell my assets on this price because now all sentiments are positive and things are clearly indicating we can go above as well so waiting for the bigger is also not bad at all.

[AirtelBuzz]

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

I don't mean pricing plans to sell those bitcoin holdings. Let's just say that different people have different pricing plans for selling their Bitcoin holdings. After the price of Bitcoin touched the new ATH, many crypto analysts predicted that the Bitcoin halving could lead to a price between $200k and $250k dollars. When the price of Bitcoin went down or fell from that high, we all have an idea that after the halving, maybe the price of Bitcoin will be $100k or $120k dollars. It seems impossible for Bitcoin to reach $190k at the moment (although it may be possible anytime). We all love to make predictions about the cryptocurrency market, but we can't say with certainty how high the price of any coin in the market will reach. Every investor has a different investment plan. Some set their price target at a certain price and if Bitcoin reaches that price they sell their invested Bitcoins while others hold for a very long time hoping for a big profit.

[STT]

Prices are just labels, to guess at a high figure isnt about impossible really its clearly a maybe in some percentage outcome.  Its the scenario of how we must look at, for the highest prices you need all factors to swing your way.   Clearly also the high price represents inflationary pressures and excess flows, there is no need for BTC to go that high.  We have bitcoin growth but for so much in so little time we are estimating the degree of inaccuracy in some regard, whether you classify it under inflation, speculative mad markets or fear elsewhere rushing people to this asset.

I do consider these scenarios as a pan boiling over, massive bubbling up and really its a negative for a longer term gain because people will get burned.  Also business reliant in dealing in BTC find fast changing prices to be an impediment to their accurate pricing too.   I would settle for a 1/4 of this price objective and I would even call that a positive outcome to just sail along safely in a progressive way the last sell off was a bit too harsh and loses some people in their interest from that instability.

[FinePoine0]

Since the halving will take place in 2024, I don't think the price of Bitcoin will rise that much this year. Maybe because the price of Bitcoin is always up and down uncertainly, but it definitely creates opportunities for investors to invest in Bitcoin. If you know about the history of past halvings then it is definitely more likely that this halving will dump the price of Bitcoin. With only about 20 days left until the Bitcoin halving, there are still plenty of opportunities to invest. Waiting till 2025 would surely touch 190k dollars.

[FinePoine0]

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.

[mich]

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.

[Marvell1]

I don't think that target is too high, $190k is an acceptable price for bitcoin during this bull season. I personally believe that bitcoin will reach $80k-90k soon after the halving and then we will have strong growth across the entire market in the last quarter of the year. Bitcoin will touch 190k$-220k$ and many altcoins will x10, x100, this is completely possible.

This is my prediction and I make it based on the economic situation. With the Fed lowering interest rates, economic recovery and the need to increase income are a must, and investing is one of the ways to increase income quickly. Surely people will not ignore it and combined with news about ETFs, people will confidently invest more in bitcoin. This will fuel a strong bullish cycle.

If you look at the developments that have occurred in recent times, I am also quite optimistic that this will happen in 2024. Moreover, this year is still very long, we are at the beginning of the year and quite a lot of improvements have occurred so it is possible that this will continue to happen. .
$190k is not impossible, I believe it will happen in 2024 after seeing what happened and quite a lot of things that were predicted to happen earlier with the development and attraction and also the positive news of Bitcoin.

People are still cautious and set quite modest goals, only predicting bitcoin will reach 100k USD or 120k USD for this cycle. But if we combine market events as well as the world economic situation, we can expect higher growth. But I will only put big expectations on this cycle, and after this bull cycle, I don't think bitcoin will have any bigger bull cycles. I mean things will soon fall into place as large organizations and governments pay more attention to bitcoin, bitcoin will gradually become as stable as gold.