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Author Topic: What do you think will the price of Bitcoin in 2024?  (Read 462 times)
yudi09
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July 31, 2024, 06:00:20 PM
 #41

What is your prediction? Guess a number and by thr end of this year I will visit this thread to see who predicted the right amount.
A price prediction of $91K - $100K is too high to be a price figure for the end of the year although in the months that follow this year there is still a possibility that it will happen if we stick to the meaning of price fluctuations.
I am predicting a price of $81K - $85K because 73,777 is the highest price that has been held so far. There is a possibility that the positive effects of the presidential election in America will make me predict a range of $81K - $85K.

R


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July 31, 2024, 06:07:36 PM
 #42

What is your prediction? Guess a number and by thr end of this year I will visit this thread to see who predicted the right amount.
$99,999, yes, that's the number I think it will reach in 2024.
I know there are many challenges and obstacles before that number is achieved, but it is never impossible to get it hit. I'm waiting, watching and accumulating as much as I can, so it's not just a guessing game, but honestly I'm waiting for that moment.

As for guessing who came closest, that will probably come down to a few users. However, many users may post random numbers that in no way should be considered financial advice by anyone. Price predictions will be good if they are supported by analysis, of course based on fundamentals and technical.

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August 02, 2024, 03:31:37 AM
 #43

A price prediction of $91K - $100K is too high to be a price figure for the end of the year although in the months that follow this year there is still a possibility that it will happen if we stick to the meaning of price fluctuations.
I am predicting a price of $81K - $85K because 73,777 is the highest price that has been held so far. There is a possibility that the positive effects of the presidential election in America will make me predict a range of $81K - $85K.

if BTC is truly still in bullish and there gonna be one last rally before turning into bearish market i think going from $60k to $100k is a piece of cake, the candle whenever in bullish always show massive rally hitting the new ATH and the spike always so hard and fast it will defy whatever technical indicator or analysis there is to predict the market.



so I think with few months left of this year, it's always possible that BTC could hit $100k, it just need good market sentiment and bullish stance of both retailer and institutional.

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August 02, 2024, 03:59:38 AM
 #44

What is your prediction? Guess a number and by thr end of this year I will visit this thread to see who predicted the right amount.
A price prediction of $91K - $100K is too high to be a price figure for the end of the year although in the months that follow this year there is still a possibility that it will happen if we stick to the meaning of price fluctuations.
I am predicting a price of $81K - $85K because 73,777 is the highest price that has been held so far. There is a possibility that the positive effects of the presidential election in America will make me predict a range of $81K - $85K.
Yeah, after the US presidential election and if ever a pro crypto president won, it will surely surge the price as we are all banking that if Trump wins then the US will be friendly to crypto as compare to the current president who are going full crypto retard with taxes and whatnot. So I'm also seeing the $80k'ish at the end of the year if Trump wins or even higher as investors are going to pour their money in support of Trump. So let's see, it's not that easy route to Trump as Kamala Harris according to reports are closing in the gap. Nevertheless, Trump still has the momentum for now and leading like 2 points at least in the latest survey.

R


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August 02, 2024, 04:57:46 AM
 #45

A price prediction of $91K - $100K is too high to be a price figure for the end of the year although in the months that follow this year there is still a possibility that it will happen if we stick to the meaning of price fluctuations.
I am predicting a price of $81K - $85K because 73,777 is the highest price that has been held so far. There is a possibility that the positive effects of the presidential election in America will make me predict a range of $81K - $85K.
As for the effect of the presidential election in America this year, I will only predict the price of Bitcoin in the range of $75K to $80K for the highest price this year because for more than that price I think it has more potential to happen next year with a much sharper increase than this year. Now the price of Bitcoin for early August is around $65K with a correction condition from the price of $70K since the end of last month so that the achievement of the presidential election effect may only reach $75K to $80K, but it would be very good if it could be more than that.
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August 02, 2024, 11:51:43 AM
 #46

What is your prediction? Guess a number and by thr end of this year I will visit this thread to see who predicted the right amount.
A price prediction of $91K - $100K is too high to be a price figure for the end of the year although in the months that follow this year there is still a possibility that it will happen if we stick to the meaning of price fluctuations.
I am predicting a price of $81K - $85K because 73,777 is the highest price that has been held so far. There is a possibility that the positive effects of the presidential election in America will make me predict a range of $81K - $85K.
Yeah, after the US presidential election and if ever a pro crypto president won, it will surely surge the price as we are all banking that if Trump wins then the US will be friendly to crypto as compare to the current president who are going full crypto retard with taxes and whatnot. So I'm also seeing the $80k'ish at the end of the year if Trump wins or even higher as investors are going to pour their money in support of Trump. So let's see, it's not that easy route to Trump as Kamala Harris according to reports are closing in the gap. Nevertheless, Trump still has the momentum for now and leading like 2 points at least in the latest survey.

The number of crypto users is growing significantly all over the world and in that perspective American crypto users also increasing. And any party that supports crypto must be positive towards it. I think that since Trump has given a positive attitude towards Bitcoin, he will have the support of the entire crypto community. With his win we can definitely see a bullish trend in Bitcoin. Until that election, Bitcoin price may not overcome $80k. In this moment perhaps we will not see any big bullish movement. But if Trump wins the election, it can exceed $100k. If he is elected, there will certainly be changes within the SEC that could lead to massive changes in the entire crypto space.

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August 02, 2024, 02:23:34 PM
 #47

I went ahead and read all the replies on my thread and it seems that everyone who replied does not think the price of Bitcoin will go beyond $80K by the end of this year. Which according to me looks good but I still have the intuition that it will reach near around the target amount that I feel was done correctly by the survey conducted by coingecko. Even if it does not reach near it I still think it will be great as Bitcoin will again create a new ATH. As for now, it seems a big struggle as the price of Bitcoin has again started falling which is good as it will help Bitcoin reach new levels in price.

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August 02, 2024, 03:31:22 PM
 #48

I went ahead and read all the replies on my thread and it seems that everyone who replied does not think the price of Bitcoin will go beyond $80K by the end of this year. Which according to me looks good but I still have the intuition that it will reach near around the target amount that I feel was done correctly by the survey conducted by coingecko. Even if it does not reach near it I still think it will be great as Bitcoin will again create a new ATH. As for now, it seems a big struggle as the price of Bitcoin has again started falling which is good as it will help Bitcoin reach new levels in price.

Basically, no one knows what will happen in the future, all predictions are based on personal emotions rather than people relying on technical indicators, history, macro news...And as you know, since the 4th halving ended, we have not had any significant price increase, bitcoin just corrected, went sideways and continued to correct. That makes most people depressed, so it's not too surprising that people aren't more optimistic about higher predictions later in the year. But believe me, as long as positive news appears like the Fed lowering interest rates or Trump being elected...then bitcoin increase. People will make more optimistic predictions and the target will even surpass the 100k$ we often talk about.

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August 02, 2024, 04:16:44 PM
 #49

No one can predict exactly where the price of Bitcoin will stand in the future. What it might be worth in the future and what it might go to can only be guessed at. Accordingly, Bitcoin experts believe that it will reach 100 thousand by the end of 2024. But it is not certain. For now we have to focus on investing in bitcoin, bitcoin must cross 100k, but if you don't invest, even if bitcoin goes to 200k, you won't get any benefit from it. So your investment works so that you invest, bitcoin will cross 100k in time. Now focus more on how you will benefit from it and make a long term plan and start investing in DCA method.
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August 03, 2024, 05:20:34 AM
 #50

Recently Coingecko posted the image shown below on their Instagram handle.




They had conducted a survey post halving in which 2558 individuals participated. As mentioned 2 out 5 think Bitcoin price will hit or go above $100,000. There has been prediction earlier this year by a few analysts that Bitcoin will hit the $100K mark by the end of this year.

What is your prediction? Guess a number and by thr end of this year I will visit this thread to see who predicted the right amount.

I am not trying to speculate the price of Bitcoin with this topic. I am only trying to see whether we as forum members can come up with a price that is either similar to what the survey predicted or we have our own figure.
Based on the current price and situation, I don't see the price going anywhere around $100k this year, however, we know the market is known for its surprising nature, and we have seen how many times the market did exactly the opposite of what most people thought and the same can happen this time again, but the odds aren't very high for that, in my opinion. We haven't seen a lot of positive runs from Bitcoin for some time now, and we are already halfway through the year.

Before the halving, there seemed to be more chances for Bitcoin to go around $100k within this year, but now when I have seen and observed the market for some time, it seems like that can only happen in 2025, and we will need to wait for another 5 to 7 months before we see it going near that price.

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August 09, 2024, 12:32:17 AM
 #51

Based on the current price and situation, I don't see the price going anywhere around $100k this year, however, we know the market is known for its surprising nature, and we have seen how many times the market did exactly the opposite of what most people thought and the same can happen this time again, but the odds aren't very high for that, in my opinion. We haven't seen a lot of positive runs from Bitcoin for some time now, and we are already halfway through the year.

Before the halving, there seemed to be more chances for Bitcoin to go around $100k within this year, but now when I have seen and observed the market for some time, it seems like that can only happen in 2025, and we will need to wait for another 5 to 7 months before we see it going near that price.
If anything, it was a pleasant surprise that the price of bitcoin was able to reach a new ATH even before the halving took place, this made a lot of people to become incredibly bullish about the prospects of bitcoin during this year.

However, the world economy is in a very difficult state, with too many factors that are making investors doubtful about what to do next, and when there is such an uncertainty around the world, it makes sense that bitcoin may be unable to reach 100k or an even higher price right now.
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