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Author Topic: Bitcoin 190K in 2024?  (Read 953 times)
kotajikikox
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April 05, 2024, 08:12:21 AM
 #101

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.
That's the so much trust of you in bitcoin mate that you even expect halving will bring that much for the price of bitcoin while I do believe that market will change after halving , it may drop badly that we need to wait till next year before the big recovery happens and to record the another ATH that will be 6 digits value.
but try not to expect too much mate , because remember that sideways may happen.

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April 05, 2024, 01:53:55 PM
 #102

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?

Well, honestly, the technical analysis that I have seen is that the price of bitcoin can range from 150k$ up to 200k$, but of course, since my plan is to sell at a price of 130k$,
I am happy with that, and once that is my plan, I will take profit from my target selling price.

That's okay with me; at least there's a profit somehow. I just want to play safe, and I don't want to regret what I did.
It's better to learn to be content with what we do and receive from God.



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April 05, 2024, 02:41:24 PM
 #103

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.

Hodling is about patience but you need other things to help your to become a very good holder. Holding needs a good source of income, without having a good source of income that can give you money to not remember to sell your Bitcoin because you're in need of money urgently, without having that source you can't hold because you'll always remember that you have some investments in Bitcoin that you're holding then you'll sell the Bitcoin for cash. Bitcoin is going to be rising because it can't just stop at $72,000 and we call it the top of the market. Bitcoin will rise after the halving and it might get to the price but no individual is sure that it'll happen. Bitcoin can get to $150,000 or $200,000 after the bull market is over but we shouldn't expect it to be happening in 2024.

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April 05, 2024, 05:19:07 PM
 #104

As this is the year 2024 and the year of Bitcoin halving, it is certain that Bitcoin will be halved around April 17th. As currently the Bitcoin market has increased a lot and is in this position which is predicted to go higher in the coming days. We saw the Bitcoin market peak at $69,000 in 2021 and the halving year in 2024 when the Bitcoin price touched $73,000, which is the all-time ATH of Bitcoin value. Accordingly, we can confirm that since April 2024, Bitcoin will be halved, so the price of Bitcoin is likely to increase even more. But reaching $190k is not as easy a task as we think, but it will be possible only by time. I think the Bitcoin market could touch $80k before it halves in 2024, and it is likely to turn bearish again after that. Since the halving is only a few days away, I expect the Bitcoin market to go higher soon and the price of Bitcoin will touch $80,000 by the time of the halving.

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April 05, 2024, 05:44:53 PM
 #105

That's the so much trust of you in bitcoin mate that you even expect halving will bring that much for the price of bitcoin while I do believe that market will change after halving , it may drop badly that we need to wait till next year before the big recovery happens and to record the another ATH that will be 6 digits value.
but try not to expect too much mate , because remember that sideways may happen.
We all don't know when this sideways can happen to Bitcoin even though everyone also has their own hopes this year through Bitcoin. But for now I also don't expect a drastic decline to occur again in Bitcoin, because if there is an estimate for an increase of up to 6 digits for one Bitcoin, wouldn't it be easier for Bitcoin if the level of correction was only a little without having to fall drastically after halving occurs. Because if Bitcoin falls again drastically before rising again to a further price level, it will take more time for Bitcoin.

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April 05, 2024, 06:00:00 PM
 #106

Everyone have been giving their own suggestions on what the market price for bitcoin may turns to be after this month halving, but it is more very important that we consider this on a long term than this sooner on $190,000, from what i have researched, i will give the rate of $200,000 or below before the end of this year, we should not be surprised that after the halving we may experience little bear before the market rises as expected.



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April 05, 2024, 11:48:48 PM
 #107

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.
That's the so much trust of you in bitcoin mate that you even expect halving will bring that much for the price of bitcoin while I do believe that market will change after halving , it may drop badly that we need to wait till next year before the big recovery happens and to record the another ATH that will be 6 digits value.
but try not to expect too much mate , because remember that sideways may happen.
I guess $190k is actually too high to expect this time. Halving is almost near and yet bitcoin price still range at $65k-$70k. So for me, we could reach $190k not actually after halving but most probably at the end of the year, which I’m still even hesitant for that price. However, bitcoin is still highly unpredictable and it could offer us a price we least expect. There are still 8 months to go left so let’s just continue watching how far bitcoin price can go.

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April 05, 2024, 11:59:57 PM
Last edit: April 06, 2024, 12:10:38 AM by STT
 #108

The way BTC is hesitating currently would not lead you to believe it might make 190k this year in 8 months or so.    However I will still accept it is possible if this current price action formation for BTC breaks out like a flag bullish to the upside and continues onwards upwards in a similar fashion then I accept it continues to be a possibility.

Average gain monthly required would be 15k, no losses accounted for.   Thats rocket fuel talking not normality Tongue


The more boring probability but also likely necessity for the best health of Bitcoin is slow and steady, a pack horse donkey ascent is safer then a rocket fired for the heavens.  No matter how impatient people are and wanting the most all about right now, the slower route where we are going to wind our way up the mountain taking rests along the way as needed & however far we may get this is actually for the best.

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April 06, 2024, 12:29:24 PM
 #109

Knowing that there was a big psychological factor at play to the post-halving effect on the price, I fear that this could have been a little bit worn off by the unexpected bull run caused by the approval of the spot ETFs and the demand related to it.
After already having an early pump and the new ATH, the post-halving enthusiasm could turn out to be a lot smaller than in the previous cycles. So, I think, that if we are to see levels significantly above $100k, we'd need to have something more solid than retail investors jumping in just because of the FOMO.

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April 06, 2024, 02:55:46 PM
 #110

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.
That's the so much trust of you in bitcoin mate that you even expect halving will bring that much for the price of bitcoin while I do believe that market will change after halving , it may drop badly that we need to wait till next year before the big recovery happens and to record the another ATH that will be 6 digits value.
but try not to expect too much mate , because remember that sideways may happen.
I guess $190k is actually too high to expect this time. Halving is almost near and yet bitcoin price still range at $65k-$70k. So for me, we could reach $190k not actually after halving but most probably at the end of the year, which I’m still even hesitant for that price. However, bitcoin is still highly unpredictable and it could offer us a price we least expect. There are still 8 months to go left so let’s just continue watching how far bitcoin price can go.
Totally high but we do know that everything is really that possible on crypto space specially if its a community driven kind of  demand + hype or + Fomo then for sure we might be able to hit up those numbers.
Even on last year on which there are really that even rumors that Bitcoin could play around $300-400k on this bull run cycle but its true that it would really be better that you shouldnt really be that too optimistic
when it comes to this manner because once you do make yourself that too optimistic then the price didnt hit up on the desired numbers that you are expecting then you are just basically making yourself
that getting disappointed.

$190k for this year 2024 isnt something that could possible if we do base up when it comes history and the movement of prices now, come to think that even breaking $80k price point
is already that hard. There would really be tons of tough resistances on +10k increment on which these are the levels which cant really be easily be break easily.
This is why it would really be better that you should really just go with the flow.

R


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April 08, 2024, 06:12:01 AM
 #111

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.
That's the so much trust of you in bitcoin mate that you even expect halving will bring that much for the price of bitcoin while I do believe that market will change after halving , it may drop badly that we need to wait till next year before the big recovery happens and to record the another ATH that will be 6 digits value.
but try not to expect too much mate , because remember that sideways may happen.

I don't think it's possible for Bitcoin to ever hit 190k before the halving starts.  Because Bitcoin is likely to hit 190k by the time the 2025 Bitcoin bull run begins. Because the Bitcoin price hit its peak during each bull market, the year 2025 should be targeted for the Bitcoin price to reach $190k.

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April 08, 2024, 06:28:06 AM
 #112

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.
That's the so much trust of you in bitcoin mate that you even expect halving will bring that much for the price of bitcoin while I do believe that market will change after halving , it may drop badly that we need to wait till next year before the big recovery happens and to record the another ATH that will be 6 digits value.
but try not to expect too much mate , because remember that sideways may happen.

I don't think it's possible for Bitcoin to ever hit 190k before the halving starts.  Because Bitcoin is likely to hit 190k by the time the 2025 Bitcoin bull run begins. Because the Bitcoin price hit its peak during each bull market, the year 2025 should be targeted for the Bitcoin price to reach $190k.

I also don't think bitcoin price will reach $190k dollars before bitcoin halving.According to today's market, the current price of Bitcoin is above 69 thousand dollars and on the other hand, Bitcoin halving is only 12 or 13 days away.It is almost impossible for the price of Bitcoin to reach such a high in these days, yet many are optimistic and predict that it may reach before the halving.If we go by your words then we will be at the beginning of bullrun season by early 2025 which means Bitcoin price will increase by a lot without doubt. Because every bull season Bitcoin price reaches all-time highs as it did this year.

Bitcoin halving will be organized this year which will lead to temporary market correction and then we will again see the upward trend of the market.Bitcoin price may not reach $190k by 2024, but it will probably get very close.

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April 08, 2024, 06:55:41 AM
 #113

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.
That's the so much trust of you in bitcoin mate that you even expect halving will bring that much for the price of bitcoin while I do believe that market will change after halving , it may drop badly that we need to wait till next year before the big recovery happens and to record the another ATH that will be 6 digits value.
but try not to expect too much mate , because remember that sideways may happen.

I don't think it's possible for Bitcoin to ever hit 190k before the halving starts.  Because Bitcoin is likely to hit 190k by the time the 2025 Bitcoin bull run begins. Because the Bitcoin price hit its peak during each bull market, the year 2025 should be targeted for the Bitcoin price to reach $190k.

we only have a week or two before halving so indeed that this is impossible for now(though I don't give wrong thoughts in bitcoin capacity) yet  i believe that there are other things we have to expect here in this market than just  a pumping because its harder to fail when you know nothing about the movement.









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April 08, 2024, 07:53:26 AM
 #114

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?
The way Bitcoin is designed will automatically increase the price of Bitcoin. It may take some time there but the price increase is normal. We are only 2 weeks away from Halving. Miners will plan to collect bitcoins since their mining reward is halved otherwise they may suffer. Due to which the price of Bitcoin will increase automatically. And around this halving, worldwide interest in holding bitcoins increased and the price of bitcoins increased significantly. We have seen the same picture in previous years as well. As a result, the price of Bitcoin after halving from $100K to $150K or more is not impossible. Those who hold Bitcoin will definitely be profitable after a certain period of time. I will definitely sell my bitcoins but it will take long time. I want to hold my small investment until it turns into an asset.

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April 08, 2024, 10:50:10 AM
 #115

I don't think it's possible for Bitcoin to ever hit 190k before the halving starts.  Because Bitcoin is likely to hit 190k by the time the 2025 Bitcoin bull run begins. Because the Bitcoin price hit its peak during each bull market, the year 2025 should be targeted for the Bitcoin price to reach $190k.

we only have a week or two before halving so indeed that this is impossible for now(though I don't give wrong thoughts in bitcoin capacity) yet  i believe that there are other things we have to expect here in this market than just  a pumping because its harder to fail when you know nothing about the movement.
I do not thing that the price of bitcoin will begin to increase immediately after halving, instead it is after the halving and after some time it begins to happen. This reason being that when miners begin to receive less of what they were receiving, that is when it begins to dawn on the people that the quantity of bitcoin receive have actually reduce and this is what will cause the rise to commence. So price increases until it becomes saturated and people becomes used to the new pattern and there will no longer be panic buy or sell, hence stability is achieved before a bear market is expected when people will begin to take profits. Bitcoin can go to the price suggested by this thread but that might be from next year.

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April 08, 2024, 01:42:40 PM
 #116

~
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.
it is obvious that all these things are assumption and believing that bitcoin price will be increased to one eighty thousand  and one hundred and one hundred and ninety thousand [[180k/190] I don't think that it is something we can really achieve this year many people who is saying that does not even hold a Bitcoin because if you hold a Bitcoin you will know the movement of Bitcoin increment and you will constantly checking the chat of of Bitcoin to know when the level of it will be reach in this particular year or not... another thing is that bitcoin is just starting it increment this year and the what will I expressing now is that the price is not even increasing much again, since the price reached seventy three thousand [73k] the price currently is struggling to reach seventy thousand...that is while we do says that we should not hope on the increment of Bitcoin and it's speculations.


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.
That's the so much trust of you in bitcoin mate that you even expect halving will bring that much for the price of bitcoin while I do believe that market will change after halving , it may drop badly that we need to wait till next year before the big recovery happens and to record the another ATH that will be 6 digits value.
but try not to expect too much mate , because remember that sideways may happen.
there is every tendency than the price of Bitcoin at the drop to the extreme after halving, but people does not know they keep on saying that the price of Bitcoin they increasing more than the current price of it after experiencing a having so therefore and believe and the price of Bitcoin will continue to increase but it will not increase as we expected, I am not of the opinion that the price of Bitcoin will increase to the extent of reaching one hundred and ninety thousand [190k] that is a people personal assumption and they speculation towards bitcoin increment so on on my own observation in Bitcoin price the price of May reach up to hundred thousand [100k] before this year runs out.

Everyone have been giving their own suggestions on what the market price for bitcoin may turns to be after this month halving, but it is more very important that we consider this on a long term than this sooner on $190,000, from what i have researched, i will give the rate of $200,000 or below before the end of this year, we should not be surprised that after the halving we may experience little bear before the market rises as expected.
nobody is disagree with you base on your speculations or your vision towards Bitcoin increment, because everyone who investors in bitcoin want the price to increase More than your expectations, so we don't need to be saying rubbish concerning bitcoin because we need the goodness of Bitcoin right...bitcoin will increase but we have never seen Bitcoin increasing one time, the market increases gradually not to Skyrocket one time, if bitcoin will be up to that particular price you have been emphasising that means the techniques you use to check bitcoin price is very good and understanding.

I don't think it's possible for Bitcoin to ever hit 190k before the halving starts.  Because Bitcoin is likely to hit 190k by the time the 2025 Bitcoin bull run begins. Because the Bitcoin price hit its peak during each bull market, the year 2025 should be targeted for the Bitcoin price to reach $190k.

we only have a week or two before halving so indeed that this is impossible for now(though I don't give wrong thoughts in bitcoin capacity) yet  i believe that there are other things we have to expect here in this market than just  a pumping because its harder to fail when you know nothing about the movement.
I do not thing that the price of bitcoin will begin to increase immediately after halving, instead it is after the halving and after some time it begins to happen. This reason being that when miners begin to receive less of what they were receiving, that is when it begins to dawn on the people that the quantity of bitcoin receive have actually reduce and this is what will cause the rise to commence. So price increases until it becomes saturated and people becomes used to the new pattern and there will no longer be panic buy or sell, hence stability is achieved before a bear market is expected when people will begin to take profits. Bitcoin can go to the price suggested by this thread but that might be from next year.
Sometimes it's not good to exaggerate because you know quite well that bitcoin does not increase just a sudden the increment of Bitcoin come up gradually so which we know quite well there are many people who has been investing in Bitcoin who are also a beneficiary of Bitcoin did not experience a such increase in bitcoin, so the estimated price of bitcoin in this thread is very high and I don't think the price will reach to the extent of speculated price.

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April 08, 2024, 03:06:02 PM
 #117

we only have a week or two before halving so indeed that this is impossible for now(though I don't give wrong thoughts in bitcoin capacity) yet  i believe that there are other things we have to expect here in this market than just  a pumping because its harder to fail when you know nothing about the movement.
In the past two days, Bitcoin has experienced another price increase that almost reached $73K, while the halving time this month is getting closer. This means that everyone may have the opportunity to see the price of Bitcoin at more than $75K in the near future if the increase like now can continue without stopping and this could also be a sign that the price pump is created by the fact that there are still many people who are convinced to buy Bitcoin. Because now everyone has seen that Bitcoin can provide better things for them, so many people's confidence in Bitcoin has also begun to grow.

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April 08, 2024, 06:44:43 PM
 #118

I don't think it's possible for Bitcoin to ever hit 190k before the halving starts.  Because Bitcoin is likely to hit 190k by the time the 2025 Bitcoin bull run begins. Because the Bitcoin price hit its peak during each bull market, the year 2025 should be targeted for the Bitcoin price to reach $190k.
we only have a week or two before halving so indeed that this is impossible for now(though I don't give wrong thoughts in bitcoin capacity) yet  i believe that there are other things we have to expect here in this market than just  a pumping because its harder to fail when you know nothing about the movement.
I do agree about the impossible part, sure people could have their dreams and I understand that we are going to go up a lot more after the halving that part is something I expect too, but I expect something more realistic, something smaller, like 100k to 120k for example. That is not impossible, it is still a good increase, nearly over 50% increase, and if you buy right now, you could make 50% profit within the year, considering how wonderful that is, I think that should still be a reason to consider Bitcoin as the best asset.

Of course there will be a lot of people who won't, they will either not invest, or find it not enough. So we need to realize that we can't really make it work any other way, just let it be.

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April 08, 2024, 09:23:22 PM
 #119

I don't think it's possible for Bitcoin to ever hit 190k before the halving starts.  Because Bitcoin is likely to hit 190k by the time the 2025 Bitcoin bull run begins. Because the Bitcoin price hit its peak during each bull market, the year 2025 should be targeted for the Bitcoin price to reach $190k.
No, the halving is a few days away now it is in the $70K area means it takes 2x more to increase then this does not make sense but what I understand maybe he said after the halving.

If for example in 2025 this still makes sense where the bitcoin price goes to $190K although it's not certain but we never know how high that rally will fly? Or how bullish it will be if it is stronger then bitcoin price will definitely continue to skyrocket.

I can only estimate that in 2025 it will be around $150K as my own prediction, if this is for example not realized then at least $100K has become a common target by holders.

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April 08, 2024, 09:28:13 PM
 #120

I don't think it's possible for Bitcoin to ever hit 190k before the halving starts.  Because Bitcoin is likely to hit 190k by the time the 2025 Bitcoin bull run begins. Because the Bitcoin price hit its peak during each bull market, the year 2025 should be targeted for the Bitcoin price to reach $190k.
No, the halving is a few days away now it is in the $70K area means it takes 2x more to increase then this does not make sense but what I understand maybe he said after the halving.

If for example in 2025 this still makes sense where the bitcoin price goes to $190K although it's not certain but we never know how high that rally will fly? Or how bullish it will be if it is stronger then bitcoin price will definitely continue to skyrocket.

I can only estimate that in 2025 it will be around $150K as my own prediction, if this is for example not realized then at least $100K has become a common target by holders.

Yes, it will take more than twice the current price, so very hard but not possible. There will be something of a news that will make the investors goes crazy this year to put a ton of money just to make the price breaks $100k at least and then we can talk $190k. So let's see if we can rally around, however, I wouldn't put to much emphasize on it. Maybe we can hit it in this current bull run or close to it, or maybe in the next bull run, it doesn't matter. That price is really achievable to us, and it's just a matter of time and we don't need to push that hard so that we will not be like frustrated or upset.

R


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