Your educated guess on BTC price at the end of 2024

[Ascended_Intellect]

Hello Everyone,

I hope you are all well, i'll keep this short.


What is your educated guess relating to the end of year BTC price?

My personal assumption is 70K GBP (88K USD / 82K EURO), I may be pessimistic with my assumption but the risk management side of myself sees this as achievable.

In all honesty i'm unsure on the talk surrounding 79K GBP (100K USD / 92K EURO)

 

[Rruchi man]

The proper place to discuss this is the speculation board, I see you are new, so I will give you a link to it so you see similar discussion about people’s speculations on what the value of bitcoins will become.

https://bitcointalk.org/index.php?board=57.0

Also, there is no level of educated guess that can give an accurate prediction on the value of bitcoins by the years end, no one knows and any figure given is just a mere prediction.

[Nrcewker]

At the end of the day it’s just a guess. No matter how much study and research you do to make the guess, it’s impossible to predict accurately. I have been following bitcoins from many years. I have seen Bitcoins follow a 4 year cycle to reach ATH price. Now as the ATH price is achieved, hence some correction in the price is expected. Hence, I am assuming Bitcoins will lie in 65k usd range at the end of this beautiful year.

[btc78]

My personal assumption is 70K GBP (88K USD / 82K EURO), I may be pessimistic with my assumption but the risk management side of myself sees this as achievable.

Lots of unexpected things have happened this year regarding bitcoin’s price. No one expected for bitcoin to reach a new ath just right before halving so now it’s harder to predict closer to accuracy but I would bet it would be around 88k USD to 93k USD as well.

In all honesty i'm unsure on the talk surrounding 79K GBP (100K USD / 92K EURO)
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I have no doubts that bitcoin will at least touch that mark but it will most likely go down just after. Maybe after halving or around september-november we can see such price movement.

[FatFork]

What is your educated guess relating to the end of year BTC price?

The end of the year is still many months away, and bitcoin is famous for its crazy ups and downs. Now, the talk of 79k GBP (100k USD) - that's definitely on the optimistic side, but not impossible! Historically, we usually have a cyclical bull run about every four years, which occurs in the months after each halving and peaks in the year after the halving. If I had to speculate, I expect that by the end of the year we could trend towards (or  potentially reach) the $100k mark, especially if this bull run continues as predicted.  But of course, nothing is guaranteed. External factors can always disrupt the market.

[Moreno233]

I will be waiting for this post in the Speculation board where it belong but for my input, I don't think we still have to doubt if $100k is achievable before the end of 2024 because it is just around the corner. Sincerely, I am looking at Bitcoin price beyond $100k already with targets at $150k which is understandable and achievable. The combined effect of the halving and the ETF is just enough to make it come through.

When Bitcoin reaches $100k, I know there will be increased sell pressure from people who might have been afraid that it has peaked and will not want to lose the profits they have made so far. Those who bought pre-ETF will be the major proponents of this idea but if they see that price has continued to rise with momentum above $100k, many of them will have a change of mind.

So, my guess is that Bitcoin is going to $150k. This will be the feasible destination when the $100k target is reached. However, these are just predictions which can either happen or not. It is therefore necessary to set targets that we will be comfortable to work with.

[Ayers]

Don't try to predict what the highest bitcoin price will be and don't be too greedy when we want to sell at the highest price. I mean if you already have your predictions and investment plans, you just need to follow what you set out to do, don't listen to others too much. That's not entirely bad, but I think if we consult too much with others' opinions, we will be swayed and easily change our plans. Meanwhile, there is no guarantee that everyone's prediction is correct, so stick to the goal you set and stick to it, and you will be successful with your investment.

[kryptqnick]

I agree that the thread should be moved to Speculation.
The price literally on December 31 is unpredictable. The bull market hit early this year, so maybe we'll be back to the bear market by the end of 2024, and the price can easily be around $60k, for example. A more interesting question to me is the ATH of 2024, whenever it happens. I think we can expect $100k, maybe $120k. It's a modest increase actually, below 2x from the previous ATH. But since the market is already so big, it's a very significant addition to market capitalization anyway.

[Reatim]

I will be waiting for this post in the Speculation board where it belong but for my input, I don't think we still have to doubt if $100k is achievable before the end of 2024 because it is just around the corner. Sincerely, I am looking at Bitcoin price beyond $100k already with targets at $150k which is understandable and achievable. The combined effect of the halving and the ETF is just enough to make it come through.

I can see 120k-150k usd being hit by bitcoin but it might not happen this year (although, I will be very happy to be corrected  )

There is a huge chance that bitcoin reaches 100k usd this year and with how the price is moving it is almost a sure thing to happen. However with bitcoin’s volatility, we can still expect some unexpected. Maybe we can close this year at 95k to 110k usd.

[DanWalker]

My prediction is also $100k by the end of the year but that is not the highest price of bitcoin this bull season. I believe we will have higher prices by 2025 and maybe bitcoin will reach $190k-200k$ when the bull season ends. But you need to remember that a prediction is just a prediction and it may or may not happen, so monitor the market daily to be able to change and make more appropriate decisions. Bitcoin is a long-term investment, you should aim further than just setting a goal for this year and selling it all.

[GeorgeJohn]

What is your educated guess relating to the end of year BTC price?

My personal assumption is 70K GBP (88K USD / 82K EURO), I may be pessimistic with my assumption but the risk management side of myself sees this as achievable.

obvious that the price of Bitcoin cannot be determined by assumption that is why many people today who predict the price of Bitcoin some of them got it wrong because the price of Bitcoin is not constant since I've known what is BTC the price of always fluctuates and you come predict the particular price ratio now it happened that bitcoin might fall beyond that you are expectation or prediction, so rising of Bitcoin and the falling of Bitcoin is not measurable and you cannot depend on it as a crypto investor to purchase a Bitcoin you can go into your investment of Bitcoin through what you see and also what you understand through the chat on Bitcoin.

I agree that the thread should be moved to Speculation.
The price literally on December 31 is unpredictable. The bull market hit early this year, so maybe we'll be back to the bear market by the end of 2024, and the price can easily be around $60k, for example. A more interesting question to me is the ATH of 2024, whenever it happens. I think we can expect $100k, maybe $120k. It's a modest increase actually, below 2x from the previous ATH. But since the market is already so big, it's a very significant addition to market capitalization anyway.

your pond is exactly my scenario because bitcoin price is not measurable and is your unpredictable for now to conclude what the price of Bitcoin will reach or be before the ending of the year or by the ending of the year, anything we are saying concerning that is a speculation and the also a prediction that can fail tomorrow because it is obvious that price of Bitcoin mighty go below the current price of Bitcoin so therefore we have to not have an exact prediction of Bitcoin because the price interchanges... for the aspect of the board I believe that speculation is the well suited for this thread to be discussed.

I will be waiting for this post in the Speculation board where it belong but for my input, I don't think we still have to doubt if $100k is achievable before the end of 2024 because it is just around the corner. Sincerely, I am looking at Bitcoin price beyond $100k already with targets at $150k which is understandable and achievable. The combined effect of the halving and the ETF is just enough to make it come through.

two things are involved in this prediction nobody believe that the price of Bitcoin might fall when the price was going up, but but it later decreases to the extent that some people who is a newcomer in cryptocurrency especially Bitcoin was bias and feel disappointed when the price drop from seventy three thousand to fifty something thousand  [73k/55k there about] so it may be that the price will it decrease and they will not get to our expectation price we think that the price of Bitcoin will be by the end of this year.

At the end of the day it’s just a guess. No matter how much study and research you do to make the guess, it’s impossible to predict accurately. I have been following bitcoins from many years. I have seen Bitcoins follow a 4 year cycle to reach ATH price. Now as the ATH price is achieved, hence some correction in the price is expected. Hence, I am assuming Bitcoins will lie in 65k usd range at the end of this beautiful year.

there is every possibility that the price of Bitcoin might the end up with the such price you said, like exactly sixty-five thousand [65k] before the ending or by the ending of the year, but the thing is that the price of bitcoin is unpredictable and I believe that its the market and investors that sometimes influence the price of bitcoin...some people will because of the green colouration of bitcoin in the market and hope that the price will continue to increase.

[tabas]

What is your educated guess relating to the end of year BTC price?

Somewhere playing in between $70k-$80k. At least that's a very safe prediction for the price of Bitcoin for this year.

My personal assumption is 70K GBP (88K USD / 82K EURO), I may be pessimistic with my assumption but the risk management side of myself sees this as achievable.

That's a pessimistic approach and assumption of yours? I don't think that's even a negative prediction that you have.

In all honesty i'm unsure on the talk surrounding 79K GBP (100K USD / 92K EURO)

For this year, that can be 50/50. But if we'd be basing to the pattern in the past then it's possible, could be this year or by 2025.

[deathcode]

I'm not really sure if major improvements will occur before next year. but for the end of the year maybe Bitcoin can again make a gradual pump to $75k-85k.
another situation might see Bitcoin stabilize at $70k. I know some people have high hopes for the halving that will happen soon. but this may not match our expectations when the price will not pump up quickly.

[Promocodeudo]

Hello Everyone,

I hope you are all well, i'll keep this short.


What is your educated guess relating to the end of year BTC price?

My personal assumption is 70K GBP (88K USD / 82K EURO), I may be pessimistic with my assumption but the risk management side of myself sees this as achievable.

In all honesty i'm unsure on the talk surrounding 79K GBP (100K USD / 92K EURO)

 

Despite how encouraging the price of Bitcoin is at this time, it doesn't make to actually know the exact price bitcoin at the end of this year, bitcoin is a volatile asset, the price is unpredictable no matter how speculative the market may be, it can never be predictable, yes we are encouraged by the upward movement of this digital asset and we are still waiting some event to take place but all this things cannot guarantee an accurate price of bitcoin this year, the encouraging price of bitcoin has made it almost impossible for some bitcoiners that does not understand the system to think that it will continue to flourish in the without price but they have forgotten that there is bearish market which is inevitable, so for me I can't tell the price in which Bitcoin will close at this year.

[Aanuoluwatofunmi]

Hello Everyone,

I hope you are all well, i'll keep this short.


What is your educated guess relating to the end of year BTC price?

My personal assumption is 70K GBP (88K USD / 82K EURO), I may be pessimistic with my assumption but the risk management side of myself sees this as achievable.

In all honesty i'm unsure on the talk surrounding 79K GBP (100K USD / 92K EURO)

 

If we can be having up to $73,000 before the halving, this means that we can achieve the remaining little gap to close up to $80,000 before the halving within the early days of this month of April, while waiting to achieve up to $100,000 before the end of the year, this is my own assumption and how i see the bitcoin market going, while b next year, we are likely to go high to the extent of having $150,000 or more, many would have given their own prediction regarding this, but we also have to consider the past and the present market speculation and see if all we have said are possible or not at each stipulated time to achieve.

[mirakal]

At the end of the day it’s just a guess. No matter how much study and research you do to make the guess, it’s impossible to predict accurately. I have been following bitcoins from many years. I have seen Bitcoins follow a 4 year cycle to reach ATH price. Now as the ATH price is achieved, hence some correction in the price is expected. Hence, I am assuming Bitcoins will lie in 65k usd range at the end of this beautiful year.

My guess is more than that. I think bitcoin will end at its price around $75k to $80k but I’m still hopeful that it might somehow achieve $100k. However, if bitcoin will face some negative news in the market after bull run, then the possibility to drop again its price is really high. But whatever it is, bitcoin will still move on its own way and will progress gradually on its own.

Predicting is never hard but making an educated guess or let’s say an almost correct prediction is never easy at all. In fact, no one can predict the price of bitcoin correctly since all we have right now are just pure speculations and predictions.

[khiholangkang]

At the end of the day it’s just a guess. No matter how much study and research you do to make the guess, it’s impossible to predict accurately. I have been following bitcoins from many years. I have seen Bitcoins follow a 4 year cycle to reach ATH price. Now as the ATH price is achieved, hence some correction in the price is expected. Hence, I am assuming Bitcoins will lie in 65k usd range at the end of this beautiful year.

Just like what you said, in the end it will just be a guess, no matter what kind of analysis it will not prove its accuracy, because we will not know what the future will be like, the $65k figure you said is also just an assumption that you rounded up the calculation, right? and even that is not necessarily accurate because of the volatile nature of the price of bitcoin.
So there is no need to criticize other people's opinions if you do the same thing as what he did, everyone has the right to say whatever is on his mind and express it, right?

[Ojima-ojo]

I'm not really sure if major improvements will occur before next year. but for the end of the year maybe Bitcoin can again make a gradual pump to $75k-85k.
another situation might see Bitcoin stabilize at $70k. I know some people have high hopes for the halving that will happen soon. but this may not match our expectations when the price will not pump up quickly.

Speculating Bitcoin price is a hard job to do and for that we may be wrong in any of our predictions to that point I think I will say that we may have a long period of corrections and to that effects Bitcoin will make some mid and weak price uptrends just like what we have right now, where Bitcoin have radiated around 71,000 + and between 66k to 68k range corrections to play along the lines.


Many times we stand to fail in our predictions and analysis of the true outcome of the price of Bitcoin in the long term, and making other extra efforts to remain in the Middle of things untill we achieve the end of the year 2024, but definitely we have seen the bull run already.

[LogitechMouse]

What is your educated guess relating to the end of year BTC price?

Last Bitcoin halving event in 2020, Bitcoin's price was at below $10,000 before the halving event happened, and at the end of that year, Bitcoin's price ended at around ~$28,000.
I'm not saying that it will happen again this time, but just basing on history the year where the halving event happens is usually a great year because price of Bitcoin tends to go up.

I believe that the price of Bitcoin at the day of the Bitcoin halving event will be at around $65,000-$70,000, and I expect Bitcoin to be above $100,000 by the end of the year. Kind of optimistic prediction yes, but with how optimistic other investors are, I think that there's a chance that it might reach 6-digit at least at the end of the year.

Well, like what others said, it's only a prediction, but I just hope that you will secure your profits during the bull run, and let's end it with huge profits before the bear market happens again.

[JoyMarsha]

What is your educated guess relating to the end of year BTC price?

Based on what will happen soon(halving season) in April, which is the second quarter of the year and what the history of bitcoin halving has made us to believe that after the halving season, in months time bitcoin skyrockets in price than expected. However, making an assumption from that, I can clearly state that bitcoin can reach at a price above $100k before the end of year since there are many months(7 months) Bitcoin can go in price after the halving season.