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Author Topic: Your educated guess on BTC price at the end of 2024  (Read 445 times)
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April 01, 2024, 09:17:15 PM
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 #21

In all honesty i'm unsure on the talk surrounding 79K GBP (100K USD / 92K EURO)
There are still eight months left in 2024. Every month that passes, there may be a spike or decline caused by an event that affects market activity.

Whatever the price, it can still happen every month after month that will pass this year.
Nothing is impossible when the time comes.
Price speculation to keep us enthusiastic about going month after month.

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April 01, 2024, 10:41:21 PM
 #22

88k USA dollar is a good prediction. Now bitcoin is moving around between $66k to $70k and it is before the halving so when the halving finally comes and bitcoin enter the final all time high then it will hit $100k. That is my prediction of bitcoin before the ending of this year. And the All Time High for this season will be $150k. Though everyone has their own prediction in the season but that is my prediction on it.

After the all time high of this season then it will still go back the the dip and the second quarter of 2025.









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April 01, 2024, 10:42:07 PM
 #23

~
100k. Still more than half a year and I expect to see more positive impact on the market by the latter end, so 100k isn't that out of the picture imo. Well even if it didn't reach such an amount by then, I reckon it'd be somewhere close. Maybe at least 90k? I guess if we don't see 80k by say, October, then I'd safely assume that 100k might not be reachable. Either way I'm mostly in profit anyway, so at this point anything goes for me.

Well with all that aside it's all just predictions anyway, educated or not there's still a chance of it (or not) happening, so best not to expect much imo.

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April 02, 2024, 03:27:57 AM
 #24

My guess is also within the $80,000 range. It might be around $85,000. By the end of the year, it's already around 8 months after the halving. So I believe that's already a point when the effect of the reduced block reward is felt. The effect of the halving is gradual. That's why the ATH that usually follows after the halving will take at least a year. Since it is already 8 months after, the price must have already absorbed the halving. This will probably approach $100,000 in the first quarter of 2025, although it could also happen early, meaning within 2024 itself.
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April 02, 2024, 04:54:25 AM
 #25

88k USA dollar is a good prediction. Now bitcoin is moving around between $66k to $70k and it is before the halving so when the halving finally comes and bitcoin enter the final all time high then it will hit $100k. That is my prediction of bitcoin before the ending of this year. And the All Time High for this season will be $150k. Though everyone has their own prediction in the season but that is my prediction on it.

After the all time high of this season then it will still go back the the dip and the second quarter of 2025.
Will we still have bull and bear cycles like the previous ones? Things are becoming unpredictable and without any of the patterns we have seen in previous cycles. Bitcoin broke its ATH before the halving, bitcoin has gone a lot higher while many altcoins haven't even gone up yet, newbies haven't entered the market too much when bitcoin broke its ATH...What I see is that things are becoming very different and no one knows what will happen next.

I do not rule out the possibility that the bitcoin market will behave like the stock market and will increase and decrease alternately. There will no longer be a cycle of crazy price increases x3, x5 times and then a decline of up to 70%-80% like previous cycles.

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April 02, 2024, 06:15:00 AM
 #26

~
100k. Still more than half a year and I expect to see more positive impact on the market by the latter end, so 100k isn't that out of the picture imo. Well even if it didn't reach such an amount by then, I reckon it'd be somewhere close. Maybe at least 90k? I guess if we don't see 80k by say, October, then I'd safely assume that 100k might not be reachable. Either way I'm mostly in profit anyway, so at this point anything goes for me.

Well with all that aside it's all just predictions anyway, educated or not there's still a chance of it (or not) happening, so best not to expect much imo.
The possibility that it will increase before the halving period will not occur is certain because the trend is not visible. Perhaps at the start of the halving there will be a correction which will determine the next movement to be able to determine. If the correction is high enough, then it is certain that there will be a significant increase in the renewable ATH in 2025 .But by the end of 2024, I think it is reasonable to achieve the long-desired $100K before it forms a renewable ATH.
I agree with you, it's all just a prediction and, of course, it's hard to determine precisely. It's okay to hope, but don't make it too much of a reference to what will happen.

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April 02, 2024, 11:39:18 PM
Last edit: April 08, 2024, 06:29:35 PM by AmoreJaz
 #27

My guess is also within the $80,000 range. It might be around $85,000. By the end of the year, it's already around 8 months after the halving. So I believe that's already a point when the effect of the reduced block reward is felt. The effect of the halving is gradual. That's why the ATH that usually follows after the halving will take at least a year. Since it is already 8 months after, the price must have already absorbed the halving. This will probably approach $100,000 in the first quarter of 2025, although it could also happen early, meaning within 2024 itself.

With such speculated price, people should think on how to invest in this market or how to accumulate more as the price is going to 65k level. That's a very good profit if in case, it will go up to 85k range. However, do make sure that you know your financial limits when it comes to holding as you'll never know what's gonna happen next on this very volatile market.

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?


This is the good thing on this market. Everyone can speculate and act on what they think is of advantage to him. Even long-time holders or self-proclaimed experts are just predicting on what may possibly happen next. So if you think you have the upper hand, then decide on what to do with your portfolio. Because no one will do it for you.

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April 02, 2024, 11:52:58 PM
 #28

In all honesty i'm unsure on the talk surrounding 79K GBP (100K USD / 92K EURO)
There are still eight months left in 2024. Every month that passes, there may be a spike or decline caused by an event that affects market activity.

Whatever the price, it can still happen every month after month that will pass this year.
Nothing is impossible when the time comes.
Price speculation to keep us enthusiastic about going month after month.
Being optimistic with the bitcoin price is still a good thing. If you think it would certainly rise into $80k above, then if bitcoin will gain more positive updates within the next 8 months, then most likely we will still witness a higher price than that, which makes it more possible with $100k.

I’m actually not totally optimistic with how bitcoin price will go through this year, but still unexpected things will still happen when we least expect them. It could be bitcoin price skyrocketing, or the massive price decline that’s beyond our control. So let’s just wait and see.
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April 02, 2024, 11:56:16 PM
 #29

I used to believe that Bitcoin may hardly touch $85k or more by the end of 2024, but now my beliefs are changed because I can see huge potential in the price of Bitcoin.

I believe that by the end of 2024, Bitcoin will be over $100k per coin. I'm sure that $100k is a good value but it can even cross that value if it gets more intensity.

In laymen terms, Bitcoin can reach and cross $90k value before November 2024, and in November-December it could potentially reach and cross $100k value.

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April 03, 2024, 04:30:54 AM
 #30

I think it depends on who will win the election. If trump wins then for sure it’ll be like $80K or something, especially since he is pro Bitcoin now. He has to be since he made all those millions by selling those Trump card NFTs.

And more importantly the stock market will pump if he wins. Usually his policies are bullish for the markets. If Biden wins then who knows what will happen. However when stocks go up, so will crypto since they are correlated together.
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April 03, 2024, 09:10:33 PM
 #31

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.

My predictions would had been $70,000 before the surprise that Bitcoin pulled by passing the previous highest Bitcoin price before the halving happened therefore my prediction for the end of 2024 would be $100,000. If Bitcoin hasn't done what it did there won't be so much bullishness in the market but because of how promising Bitcoin is showing we should be expecting something big by the end of the year. Bitcoin price after the halving is going to be surprising to many individuals because they won't believe how high it's going to be. This bull market isn't going to be like other bull market because institutional investors are fully invested into the market. They're going to pump the market so big so they can also make profits.

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April 03, 2024, 11:08:48 PM
 #32

Don't try to predict Bitcoin's peak and sell it afterward. Instead, have an investment plan that you're sure of and stick with it. Being too greedy can lead to missing out on high-priced sales opportunities that could potentially make a profit.

Relying too much on other people's opinions is a good thing, but it tends to leave you confused and indecisive. The reality is that no one can accurately predict the future price of Bitcoin. It's better to trust your own research









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April 03, 2024, 11:49:28 PM
 #33

In all honesty i'm unsure on the talk surrounding 79K GBP (100K USD / 92K EURO)
There are still eight months left in 2024. Every month that passes, there may be a spike or decline caused by an event that affects market activity.

Whatever the price, it can still happen every month after month that will pass this year.
Nothing is impossible when the time comes.
Price speculation to keep us enthusiastic about going month after month.
Bitcoin can still surprise us with unexpected price skyrocketing, but at the same time it can also give us a price that will frustrate us. That’s how unpredictable bitcoin is, that it’s actually hard for us to tell as to how far this  price will reach by the end of the year.

However, I will stick to a maximum of $100k. It can be impossible for some, but for people like who is highly enthusiastic, I believe bitcoin can definitely do it.

R


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April 04, 2024, 02:31:28 AM
 #34

My guess is also within the $80,000 range. It might be around $85,000. By the end of the year, it's already around 8 months after the halving. So I believe that's already a point when the effect of the reduced block reward is felt. The effect of the halving is gradual. That's why the ATH that usually follows after the halving will take at least a year. Since it is already 8 months after, the price must have already absorbed the halving. This will probably approach $100,000 in the first quarter of 2025, although it could also happen early, meaning within 2024 itself.

With such speculated price, people should think on how to invest in this market or how to accumulate more as the price is going to 65k level. That's a very good profit if in case, it will go up to 85k range. However, do make sure that you know your financial limits when it comes to holding as you'll never know what's gonna happen next on this very volatile market.

The Bitcoin market remains highly unpredictable but we can still make general predictions. Although we don't have any assurance that the price would reach $85,000 for example, we can be confident that it will come. And if that comes, Bitcoin's $65,000 right now is indeed a low price to enter.

Especially now that is a halving year, we have reason to believe that the price would rise months following the halving. I'm confident that the pre-halving ATH at $73,000 which was reached just weeks ago isn't the ATH all throughout the year. There will be another one this year.
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April 04, 2024, 05:24:09 AM
 #35

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)

 
But at least don't close the door in expecting more than 100k in the first quarter of 2025 right?
when you said unsure then you also knew that everything is possible with bitcoin but in long term at least?

My guess is also within the $80,000 range. It might be around $85,000. By the end of the year, it's already around 8 months after the halving. So I believe that's already a point when the effect of the reduced block reward is felt. The effect of the halving is gradual. That's why the ATH that usually follows after the halving will take at least a year. Since it is already 8 months after, the price must have already absorbed the halving. This will probably approach $100,000 in the first quarter of 2025, although it could also happen early, meaning within 2024 itself.

With such speculated price, people should think on how to invest in this market or how to accumulate more as the price is going to 65k level. That's a very good profit if in case, it will go up to 85k range. However, do make sure that you know your financial limits when it comes to holding as you'll never know what's gonna happen next on this very volatile market.
that 65k is still the price of bitcoin up to now and still no plans of growing more ATM .

by chance that in 15 days we will be having that halving here? if the price do not spike at 80k
after halving then I believe that we will not see that in the whole year.

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April 04, 2024, 09:29:11 AM
 #36



My guess is also within the $80,000 range. It might be around $85,000. By the end of the year, it's already around 8 months after the halving. So I believe that's already a point when the effect of the reduced block reward is felt. The effect of the halving is gradual. That's why the ATH that usually follows after the halving will take at least a year. Since it is already 8 months after, the price must have already absorbed the halving. This will probably approach $100,000 in the first quarter of 2025, although it could also happen early, meaning within 2024 itself.

With such speculated price, people should think on how to invest in this market or how to accumulate more as the price is going to 65k level. That's a very good profit if in case, it will go up to 85k range. However, do make sure that you know your financial limits when it comes to holding as you'll never know what's gonna happen next on this very volatile market.
that 65k is still the price of bitcoin up to now and still no plans of growing more ATM .

by chance that in 15 days we will be having that halving here? if the price do not spike at 80k
after halving then I believe that we will not see that in the whole year.

On what basis do you confirm that if bitcoin does not reach the $80k before and after the halving, we will not see it until the end of the year? Do you have any proof or are you just making a baseless guess? If it is an unfounded prediction then never be sure of anything and don't forget bitcoin is very unpredictable. Like bitcoin broke its ATH before the halving, did you have any predictions about that or were you also surprised at what bitcoin did? I think you're too pessimistic about bitcoin.

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April 04, 2024, 09:45:40 AM
 #37

With spot ETFs that have already bought more than 500 000 BTC and with the halving effect, I don't think it's too optimistic to speculate on at least $100 000 by the end of the year. Everyone has the right to their opinion, but I don't see any good reason (so far) in favor of the fact that by the end of this year the price will be only slightly higher than it is now.

A 50% price increase compared to the current price is quite possible if we don't have a black swan event, but given the crazy world we live in, anything is possible.

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April 04, 2024, 12:15:42 PM
 #38

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)

 

My prediction center on  sighting the upcoming  halving and the bull run I will say $100k-150k, it can still go beyond or below but don't want to speculate above this while holding and buying now, that's is the code for 2024 though is my speculation.

I can't have this kind of OP focast it may turn out to be poor speculation at the end.  The investor can still move the market depends how they work together but it's not possible they will all works together for what favor you at the point of move may be loss to another but I am still confidence that $100k-150k can be easily achievable this year 2024

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April 04, 2024, 04:48:53 PM
 #39

I keep changing mine, but I think 100k seems like a perfect place to start a new year, so I am going to stick with that one. I get that it may not be all that profitable or great to many people, but I feel like that is going to end up being better. This should be something that will take a while, and shouldn't be worrisome to many people but we should consider that as something that will take time.

I personally believe that if we could go beyond this halving period, there will be a silent period for a while, and nearing the end of the year, we are going to end up with 100k, or at least a bit of increase that is slowly taking us there. Should not be something that will take a lot of time neither, we could go up very quickly.

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April 04, 2024, 05:23:06 PM
 #40

This is hard to predict accurately, because we are talking about the future on a high volatile assest. Bitcoin price fluctuation will always make it impossible to have a proper guess of the price.

The price is at 67k as I am typing and the halving is very close, which after the halving in few months we would see the price pumping. Due to the approval of bitcoin ETF, I will go for a price speculation of 100k by the end of this year.

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