Bitcoin 190K in 2024?

[Text]

Taking your profit immediately the time the price of Bitcoin drops in the market it is a smart movement of investor but if you have a target you will not take your profit knowing that your target bitcoin price have not gotten to it so that is why any person who is holding a Bitcoin supposed to have a target limit so that when they increasement of Bitcoin got to that extent you can make your withdrawal and take off your profit but when they increment has not meet up to your target then you allow it to remain in your portfolio knowing that one day the price may increase and they get to your target.

In my case, I did have a target in mind, but I also weighed the current market conditions and my financial situation at that time. While I anticipated Bitcoin hitting the 100K mark, the rapid fluctuations made me reconsider my strategy. Selling when it hit a new all-time high seemed like a prudent move at the time, considering I wasn't sure if it would continue rising or experience a correction. Whatever decision I made; I have no regrets.

[1715154532]

1715154532

[1715154532]

1715154532

[1715154532]

1715154532

[1715154532]

1715154532

[1715154532]

1715154532

[1715154532]

1715154532

[STT]

Continuous build upwards, the recovery from a sell is pretty complete once again we are back at the top.   Does this roller-coaster loop or will we see the next part of the ride finally I want to know.  Looking good on the 4hr, daily and weekly.  Moving averages in alignment for a further rise from here, I think a gain of some kind is certainly possible from now till end of 2024.

I dont estimate 190k I dont even think of 100k or nearby.   My imagination and optimism only stretched as far as this current level and maybe a little below that to be honest.  My simple reasoning being that not all weather is fair weather, to get natural growth requires rains winds and even storms then you get actual yearly growth properly done.   We cant assume price is rising even during a bullish period, I dont think Im so negative bias in my outlook but maybe Iam.

The price is set to gain if buyers should able to continue at these higher prices.   My judgement is based on value, I'd rather always buy the lows not the highs but it doesnt always work out that way and the price can continue to rise as people chase the highs.

[Sanitough]

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.

Well, only bitcoin can tell. As much as I don't want to see bitcoin price drops drastically after halving, but we don't hold the future price of bitcoin. However, as for my own perception, I am still seeing continuous price correction after halving that will eventually create a price decline and may put bitcoin price into some lower price range. Yes, it would be hard to recover by then but it would create another opportunity for new and old investors to buy more bitcoin so they can make a huge preparation when bitcoin bull run comes.

[beerlover]

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.

I agree that the chances are slim, but we are talking about less than x3 from now. Looking back at how the improvements at the price happened before, we could say that it wouldn't be impossible for something like that to happen. Obviously it's a tough one, and we will "probably" not see that price, but I never lose hope on bitcoin and what it can do.

I believe that we are going to end up with something decent eventually, and that decent could be anything from reaching 100k  barely to reaching 250k and I wouldn't be shocked in either case. 190K seems like a big deal, but when you zoom out and see how it reacted at 2017 and at 2021, you will see that 2025 could very well be something like that, doubt it would be 2024.

[BABY SHOES]

In my case, I did have a target in mind, but I also weighed the current market conditions and my financial situation at that time. While I anticipated Bitcoin hitting the 100K mark, the rapid fluctuations made me reconsider my strategy. Selling when it hit a new all-time high seemed like a prudent move at the time, considering I wasn't sure if it would continue rising or experience a correction. Whatever decision I made; I have no regrets.

You sell with a target then it is appropriate then it is wise to say that, indeed if you continue to expect high prices while not setting a target price it is useless that there is even regret.
For example; you set a target of $100K then the price has gone there at that time where you have a change of mind then change the target higher not in the price instead of a big correction (who knows) your financial situation urgently needs money immediately then at that time it can be said you did not take advantage of a good profit because of greed.
This is just a scenario.

[Onyeeze]

I think that what people are saying concerning the price of Bitcoin before the ending of 2024 is totally assumption because the tradition of Bitcoin does not show off the price all the time all show what the price will be at the end of the year so for my own understanding of Bitcoin and the it price I believe that their price will not exceed The current price it is right now and if the price went to increase a little it will be more addition not that the price will reach to the writers point of view, because the price of bitcoin rise or not and that has been the nature of Bitcoin and it's regulations

[freedomgo]

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.

I am also anticipating a bearish market right after halving, so expect that bitcoin price will consistently drop again. And I can’t set a date when will bitcoin eventually recover. Because of that, I am not actually highly hopeful that we will see bitcoin price at $190k or above at the end of the year. For me, it might only reach the level of $150k or a little upward than that. But everything can change if bitcoin shows another significant price jump any moment after halving.

[Maslate]

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 think predicting $150k at the end of the year might be achievable. We have still 8 months more to go before this year ends and bitcoin may end up doing surprising moves in the market that will make its own price instantly jump too high. For me, that is still possible with bitcoin. Let’s not just focus on how bearish the market will be right after halving, for me this is still a prediction since not all the time history repeats itself. It could be the other way around as we can’t overlook the high potentials of bitcoin.

[Silberman]

I think predicting $150k at the end of the year might be achievable. We have still 8 months more to go before this year ends and bitcoin may end up doing surprising moves in the market that will make its own price instantly jump too high. For me, that is still possible with bitcoin. Let’s not just focus on how bearish the market will be right after halving, for me this is still a prediction since not all the time history repeats itself. It could be the other way around as we can’t overlook the high potentials of bitcoin.

Everything will depend on where we are on the bull run cycle at the time, it seems that this time around the bull run may take place before the previous cycles, and if that is the case we may see a price of bitcoin much higher than what we anticipated during 2024, a good thing for all of those that took the time to invest in bitcoin during the bear market and the previous bull runs, but a bad news for those that were thinking about buying bitcoin until 2025.

[tygeade]

I do agree that it is not a simple feat to achieve something that would take some time, we all know that it is going to be a tough situation and should be simpler than before. However, we need to consider the fact that we are not going to end up with a better solution in the end. I bet that people could cause some trouble if they are not careful, so if you keep on making grand claims, then it would be awesome if you are right, and yet would be terrible if you are wrong.

This is why you should always be careful about what you are talking about. A lot of people could wait for that price to be hit before they sell, and if it never reaches there, then it would be sad, or if it goes even beyond that then it would be missed chance.

[Sunderland]

I think predicting $150k at the end of the year might be achievable. We have still 8 months more to go before this year ends and bitcoin may end up doing surprising moves in the market that will make its own price instantly jump too high. For me, that is still possible with bitcoin. Let’s not just focus on how bearish the market will be right after halving, for me this is still a prediction since not all the time history repeats itself. It could be the other way around as we can’t overlook the high potentials of bitcoin.

Everything will depend on where we are on the bull run cycle at the time, it seems that this time around the bull run may take place before the previous cycles, and if that is the case we may see a price of bitcoin much higher than what we anticipated during 2024, a good thing for all of those that took the time to invest in bitcoin during the bear market and the previous bull runs, but a bad news for those that were thinking about buying bitcoin until 2025.

$100k per BTC is still realistic to achieve by the end of 2024 but I don't think it will reach $150k.
Even though the supply from miners will decrease, but BTC price is not cheap anymore and the demand will also decrease.
Also big institutions and whales might taking profits by sell some of their savings when the BTC price is higher than $80k later.
The market will always panic when someone/company sells bitcoin in large quantities, I think the highest ATH in this year will probably only touch $90k per bitcoin.

[Gozie51]

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 it is not unreasonable to have such prediction for bitcoin at this season of halving. The block reward is going to reduce and that means miners would want to add in price before they sell so it is reasonable that volatility will rapidly start to happen as soon as the block split. I would predict around 150k - 200k . So at the point of slight price above 150k, it is suppose to be time to get ready for drop .

[Yaunfitda]

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 it is not unreasonable to have such prediction for bitcoin at this season of halving. The block reward is going to reduce and that means miners would want to add in price before they sell so it is reasonable that volatility will rapidly start to happen as soon as the block split. I would predict around 150k - 200k . So at the point of slight price above 150k, it is suppose to be time to get ready for drop .

I mean everyone has their right to predict what will be the price this year, not sure what prediction model he is referring to but I have a idea already and it did predict $100k last bull run but it never materialized. Anyhow, it's just a wild and educated guess, if it happens then we will be happy to see. But if not, then we still have a good year in 2025 so see how big this bull run is. Let's just say that we will be overjoyed at $100k for this year, and then when the parabolic rise continues, then $150k could be a good conservative estimate as our new all time high for this cycle.

[martinex]

I think that what people are saying concerning the price of Bitcoin before the ending of 2024 is totally assumption because the tradition of Bitcoin does not show off the price all the time all show what the price will be at the end of the year so for my own understanding of Bitcoin and the it price I believe that their price will not exceed The current price it is right now and if the price went to increase a little it will be more addition not that the price will reach to the writers point of view, because the price of bitcoin rise or not and that has been the nature of Bitcoin and it's regulations

Anything can happen in the market and for assumptions like those presented by the OP above, I think even though it is still an assumption, but the movement has shown signs of a strong revival, it's just that maybe the value of the gradual rise and realistic expectations of the Bitcoin price increase are important.

I personally would even say that someday BTC value will reach the highest point even exceeding the number mentioned above and certainly everything needs a process because the basic factor is that there is a continuous demand for BTC from various large institutions or others to invest.

[BrewMaster]

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 it is not unreasonable to have such prediction for bitcoin at this season of halving. The block reward is going to reduce and that means miners would want to add in price before they sell so it is reasonable that volatility will rapidly start to happen as soon as the block split. I would predict around 150k - 200k . So at the point of slight price above 150k, it is suppose to be time to get ready for drop .

i say when price goes above $100k then there is not much stopping it from rising a lot faster and a lot bigger. if it sets a new ATH at $200k then we may see something new happening in the market where a much larger number of fresh investors with a ton of money run to invest into bitcoin. that means price could start rising a lot faster right after we set that record and set new ones shortly after.

we saw this in 2017 but on a smaller scale since the amount of money that ran in was smaller back then. it can be a lot bigger today.

[justdimin]

I think it is not unreasonable to have such prediction for bitcoin at this season of halving. The block reward is going to reduce and that means miners would want to add in price before they sell so it is reasonable that volatility will rapidly start to happen as soon as the block split. I would predict around 150k - 200k . So at the point of slight price above 150k, it is suppose to be time to get ready for drop .

I mean everyone has their right to predict what will be the price this year, not sure what prediction model he is referring to but I have a idea already and it did predict $100k last bull run but it never materialized. Anyhow, it's just a wild and educated guess, if it happens then we will be happy to see. But if not, then we still have a good year in 2025 so see how big this bull run is. Let's just say that we will be overjoyed at $100k for this year, and then when the parabolic rise continues, then $150k could be a good conservative estimate as our new all time high for this cycle.

I do agree that it is not an easy one, that is why most people do not really see what's going to happen and they do not have a real understanding on what could be the best way to move forward with this. I think it is quite important to realize that we are going to end up with a good return one way or another, it's just not going to be easy that's it.

I hope that things do get better for us, and 100k+ seems like a possibility, we just need to wait a bit more, it may not happen right away, we may need to wait like maybe 6 more months before that happens. I am neither saying it can't happen earlier, nor saying it will surely happen after six months, all I am saying is that this is also a possibility that I see that could be the result.