Bitcoin - what do you expect for the rest of 2024?

[tabas]

With us seeing a new all time high in March before the Bitcoin halving this year it has left me feeling unsure of what to expect for the rest of this year.
~snip~

Have you invested in BTC or are you still 100% in altcoins? I know everyone is waiting for BTC to go strong to pump up the altcoins along the way, but it wouldn't be the first time that doesn't happen.

I think that he's still 100% in altcoins and hoping that Bitcoin will go higher to affect the other altcoins to have a better pump. He has posted that  a few months ago and I don't think that he didn't take any profit from the 80% profit that he's made being fully loaded with altcoins.

Been in this crypto game over 2 years now and I am 100% in altcoins currently and patiently waiting for alt season.

@OP, you'll have to wait until the alt season comes but we'll get to see Bitcoin get into another ATH soon first before it comes.

[JamesDaniel90]

With us seeing a new all time high in March before the Bitcoin halving this year it has left me feeling unsure of what to expect for the rest of this year.
~snip~

Have you invested in BTC or are you still 100% in altcoins? I know everyone is waiting for BTC to go strong to pump up the altcoins along the way, but it wouldn't be the first time that doesn't happen. The first most popular altcoin has only 30% growth in the last year, Bitcoin at the same time has about 100% - not that it is some kind of ultimate indicator, but I think it is worth taking into account.

Still 100% altcoins. I would be very surprised if altcoins do not pump at some point in the peak months of the bull run.

My plan is still the same , cash out my altcoin profits in the peak months of this bull run and buy Bitcoin in the lows of the next bear market in 2026.

What do you mean the first popular altcoin has only 30% growth , which one is that?

I am holding a few altcoins that have done over 1000% growth in the last 9 months.

[MainIbem]

With us seeing a new all time high in March before the Bitcoin halving this year it has left me feeling unsure of what to expect for the rest of this year.
~snip~

Have you invested in BTC or are you still 100% in altcoins? I know everyone is waiting for BTC to go strong to pump up the altcoins along the way, but it wouldn't be the first time that doesn't happen. The first most popular altcoin has only 30% growth in the last year, Bitcoin at the same time has about 100% - not that it is some kind of ultimate indicator, but I think it is worth taking into account.

Still 100% altcoins. I would be very surprised if altcoins do not pump at some point in the peak months of the bull run.

My plan is still the same , cash out my altcoin profits in the peak months of this bull run and buy Bitcoin in the lows of the next bear market in 2026.

What do you mean the first popular altcoin has only 30% growth , which one is that?

I am holding a few altcoins that have done over 1000% growth in the last 9 months.

It's not a bad for any investor to consider some good Alts as an investment option and the idea of investing with the profits gotten from Altcoin investment into Bitcoin is good one as well cause no matter how good an Alt may be Bitcoin still remain the best Cryptocurrency when it comes to investment. Well I think what Lucius meant was that the first Altcoins like Namecoin and Litecoin didn't grow much compared to other which came after but one thing I've noticed is that it's not about the time an Alt was created or how long they've stayed that would determine it's growth it's about the community backing the coin and how often people trade or invest on it. I won't talk anyone outside investing on Alts despite the fact that Bitcoin still remains the best for investment but diversification is allowed given that good Alts still exist all it takes is for an investors to be careful not to invest on the wrong one due to market manipulations.

[Poker Player]

...based on the last 3 cycles, the results will be different, and each cycle has new data, but the general shape of the cycle is a peak after 6-18 months of Bitcoin Halving, then a bottom after that.

I think about this a lot. We are all expecting action for the remainder of 2024 but the big upside could come in 2025 and would fall within the normal cycle behavior observed so far. So my crystal ball is not clear on what will happen in the rest of 2024, I would expect some upside action but I think it is more wishful thinking than anything else.

[fuguebtc]

Still 100% altcoins. I would be very surprised if altcoins do not pump at some point in the peak months of the bull run.

My plan is still the same , cash out my altcoin profits in the peak months of this bull run and buy Bitcoin in the lows of the next bear market in 2026.

What do you mean the first popular altcoin has only 30% growth , which one is that?

I am holding a few altcoins that have done over 1000% growth in the last 9 months.

Holding 100% altcoin is very risky, you should consider it .

There have been many predictions discussed on X as well as on reddit . We are not going to have an altcoin season and with what is going on , I see them having reason to make those predictions . I don't expect that to happen ,  but I think we should also think about that scenario and have a backup plan because anything can happen . As we can see bitcoin has increased from $17k to $73k and is trading at $60k , but many altcoins are not even having any impressive growth or breakout . So far ,  only a few have shown good growth so I'm skeptical of an altcoin season .

[JamesDaniel90]

Still 100% altcoins. I would be very surprised if altcoins do not pump at some point in the peak months of the bull run.

My plan is still the same , cash out my altcoin profits in the peak months of this bull run and buy Bitcoin in the lows of the next bear market in 2026.

What do you mean the first popular altcoin has only 30% growth , which one is that?

I am holding a few altcoins that have done over 1000% growth in the last 9 months.

Holding 100% altcoin is very risky, you should consider it .

There have been many predictions discussed on X as well as on reddit . We are not going to have an altcoin season and with what is going on , I see them having reason to make those predictions . I don't expect that to happen ,  but I think we should also think about that scenario and have a backup plan because anything can happen . As we can see bitcoin has increased from $17k to $73k and is trading at $60k , but many altcoins are not even having any impressive growth or breakout . So far ,  only a few have shown good growth so I'm skeptical of an altcoin season .

In the time Bitcoin went from $17k to $73k , I had altcoins that did 5x, 10x and one even 30x.

I am happy being in altcoins, we may not see a massive alt season like the previous bull cycles but I still expect good returns in the peak months of the bull run.

[dezoel]

That's one thing for sure, accumulation is the key here and then we need to have patience as well. We have been accumulating since the bear market, and post halving, everyone might think that we should be around 6 digits by this time. But there are lot of things that can have negative effect on the price as much as there are positive effect. Just like the approval of Bitcoin ETF that really pushes the price to a new all time high. However, after that it seems that the price is into correction mode as we never get close to that price again. Nevertheless, the last quarter might be a big run for us and I'm seeing that we might see around $80k before the end of the year.

There is not a single door but there are four of them and accumulation is only one of the keys to unlock the first door. You already mentioned the other and that is patience. We need it in order for us to obtain the other key called HODL'ing. Last key to unlocked the last and 4th door would be is sell-off. Negative and positive effects or things are only normal and this is also the reason on why BTC is volatile but we can always use this to have more edge in the game. Correction is usually a temporary event but it's possible that it will then lead to another negative event (something like a mini bear) which we might still be feeling now.

accumulation is the key here

It is only easy to say accumulate and many can have a hard time if which price they will truly enter. I think this is also the reason on why DCA is invented. Apart from knowing the correct price, capital is also one of the factors that can affect us in terms of accumulation. So some are not yet involved here and some are not constantly buying even at the bear market.

and post halving, everyone might think that we should be around 6 digits by this time

At first, I find it odd when you say that people are buying in post halving but then I realized or remember that there was also a decline that happened that time. This shocks the public and make them feel disappointed because they also expect that BTC will really pump during it.

[Oilacris]

With us seeing a new all time high in March before the Bitcoin halving this year it has left me feeling unsure of what to expect for the rest of this year.

As we hit that new $73k all time high earlier than expected, can we still expect to go past it sometime this year or are we thinking next year now?

I am hoping we have another 4-6 weeks of these lower prices then come October we start working our way up again for the rest of the year possibly hitting new all time high before 2025.

Is this your first time on dealing up with this market? If YES, then it would really be wise that you should really be that getting used to it because its never been that predictable in the first place
when dealing up with Bitcoin or lets say crypto as a whole. There's no way or someone could be able to tell on what would happened. Come to think on whose the one anticipated that we had break that previous ATH before halving period? which this hasnt happened before and that truly shocks the entire community or crypto market basing up on what Bitcoin had been able to achieved on that time.
This is why it would really be that recommended or something that advisable that you should really know on what you are dealing with .Expect the unexpected as this is always be the thing
that you would really be able to encounter on the moment that you do deal up something more deeper.

[Iranus]

Just because we expect it doesn't mean it will happen and in investing we should look at reality instead of just relying on our thoughts and expectations.

As I see it after months of bitcoin correction, the market has begun to split into two camps: one side still maintains an optimistic view and believes that the real bull season is yet to come. Meanwhile, some people became pessimistic and said that the bull season is over, $73k is the ATH for this bull season.

It can be said that no one can predict the future, so invest based on your own analysis and research instead of relying on the opinions of others. In addition, we must always have a backup plan for a bad situation if it occurs.

I still hope history will repeat itself again, but with what's going on, I can't help but be skeptical about the bull season we're waiting for. I still remember, I used to ask people when everyone knew about the 4-year cycle, would it repeat or would new history be created, because wealth is not for the masses.

[aoluain]

There are no expected times. If you build a chart to predict Bitcoin prices based on the last 3 cycles, the results will be different, and each cycle has new data, but the general shape of the cycle is a peak after 6-18 months of Bitcoin Halving, then a bottom after that.

This is one of 2025 analyses that I find it good.

This chart shows a lot.

Look at what has happened for the previous two halvings directly after the events - we went sideways
and this is what is happening ATM after the last halving.

My expectation is that we cross the last ATH this year and I expect that the effects of the last halving
will be seen approximately 6 months after - thats October [starting] and onwards from there. This is
backed up by what can be seen in the chart.

I think a lot of us agree that the window of notable growth will take place between 6 and 12 months
after the last halving.

[aylabadia05]

<snip>

I think about this a lot. We are all expecting action for the remainder of 2024 but the big upside could come in 2025 and would fall within the normal cycle behavior observed so far. So my crystal ball is not clear on what will happen in the rest of 2024, I would expect some upside action but I think it is more wishful thinking than anything else.

I think there is still plenty of time to wait for the changes and hopefully prices will increase more in the remainder of 2024.
Many users believe that $100k is achievable in the rest of the year, I even found some analysis that is optimistic about it. Things are certainly very uncertain, but we never lose hope about it.

If the market recovers in the remainder of this year, then bitcoin will likely pass its final ATH. Next a new ATH can be expected, but some users are starting to doubt it and tend to expect it to become a reality in 2025.

[fuguebtc]

Holding 100% altcoin is very risky, you should consider it .

There have been many predictions discussed on X as well as on reddit . We are not going to have an altcoin season and with what is going on , I see them having reason to make those predictions . I don't expect that to happen ,  but I think we should also think about that scenario and have a backup plan because anything can happen . As we can see bitcoin has increased from $17k to $73k and is trading at $60k , but many altcoins are not even having any impressive growth or breakout . So far ,  only a few have shown good growth so I'm skeptical of an altcoin season .

In the time Bitcoin went from $17k to $73k , I had altcoins that did 5x, 10x and one even 30x.

I am happy being in altcoins, we may not see a massive alt season like the previous bull cycles but I still expect good returns in the peak months of the bull run.

Can you name which altcoin has given you such profit because I also partly invested in altcoins and I don't think I missed anything? Also, have you made profits or are you still holding them because if you hold them, you will lose heavily on those altcoins that gave you big profits. Most of the altcoins that I have seen that have made significant gains have also returned to their starting point.

It's not just you, I believe many people here are also investing in altcoins and they also want an altcoin season to happen but they don't invest 100% in altcoins like you because it's very risky.

[JamesDaniel90]

Holding 100% altcoin is very risky, you should consider it .

There have been many predictions discussed on X as well as on reddit . We are not going to have an altcoin season and with what is going on , I see them having reason to make those predictions . I don't expect that to happen ,  but I think we should also think about that scenario and have a backup plan because anything can happen . As we can see bitcoin has increased from $17k to $73k and is trading at $60k , but many altcoins are not even having any impressive growth or breakout . So far ,  only a few have shown good growth so I'm skeptical of an altcoin season .

In the time Bitcoin went from $17k to $73k , I had altcoins that did 5x, 10x and one even 30x.

I am happy being in altcoins, we may not see a massive alt season like the previous bull cycles but I still expect good returns in the peak months of the bull run.

Can you name which altcoin has given you such profit because I also partly invested in altcoins and I don't think I missed anything? Also, have you made profits or are you still holding them because if you hold them, you will lose heavily on those altcoins that gave you big profits. Most of the altcoins that I have seen that have made significant gains have also returned to their starting point.

It's not just you, I believe many people here are also investing in altcoins and they also want an altcoin season to happen but they don't invest 100% in altcoins like you because it's very risky.

Arcblock  - took a gamble on it last year around $0.15 and it reached $4.65 few months ago.
I have taken $2k profit from it but still have more so now holding a free bag in the hope that it gets close to $10 in the next 12 months - some are even saying it can go past $20.

Like I have said before I have nothing against Bitcoin and believe it will do well in the long term but i want more then a 3 or 4x which is why I am in altcoins.

I am taking the risk now, will hopefully make the money in the next 12 months and then play it safe next cycle once I have more funds to do so.

[justdimin]

As we hit that new $73k all time high earlier than expected, can we still expect to go past it sometime this year or are we thinking next year now?

I am hoping we have another 4-6 weeks of these lower prices then come October we start working our way up again for the rest of the year possibly hitting new all time high before 2025.

Not just bitcoin, all the markets are known for reacting earlier than expected time frame; this is because when there would be more competition for grabbing cheaper prices. Yes, just FOMO. When bitcoin market behaviours change around halving event, then we can expect more traders and investors do participate and take bitcoin market into new high earlier than what we have witnessed on previous market cycles.

I mean, we may break a new ATH at any time soon and this halving year as well might transform into a complete bullish year, who knows? Market phycology about uptrend is driven by how many people believe on upcoming bullish market, when more people decide about making use of current dips then new ATH on every week is not a bullish year event which may happen on halving year also.

[BITCOIN4X]

~Snip

Not just bitcoin, all the markets are known for reacting earlier than expected time frame; this is because when there would be more competition for grabbing cheaper prices. Yes, just FOMO. When bitcoin market behaviours change around halving event, then we can expect more traders and investors do participate and take bitcoin market into new high earlier than what we have witnessed on previous market cycles.

I mean, we may break a new ATH at any time soon and this halving year as well might transform into a complete bullish year, who knows? Market phycology about uptrend is driven by how many people believe on upcoming bullish market, when more people decide about making use of current dips then new ATH on every week is not a bullish year event which may happen on halving year also.

The macroeconomic turmoil that has occurred so far may also play an important role in the growth of the crypto market, especially bitcoin. Investors are unlikely to blindly throw their money into the market and buy as much as possible, of course they need to observe and wait for things to change that will benefit them. Saying it's likely doesn't mean it's true, but the state of the global economy so far is believed to be one of the causes.

ATH can be expected at any time when many investors (institutional or personal) are involved in the market. They buy and collect as many bitcoin as possible, but of course this will not happen without reason, including belief in long-term potential.

[Ultegra134]

I'm honestly not sure what to expect. We suffered a minor correction, falling as low as $53,000, perhaps even lower, but I don't remember exactly, and I'm saying minor because its recovery didn't take long. A few days later, Bitcoin was over $60,000 again. On the one hand, I believe that it won't surpass $70,000 in 2024, but on the other hand, the market has been quite stale the past few months, and perhaps the upcoming winter will be the next bull market period to come, possibly reaching a new ATH.

[Stalker22]

When Bitcoin first hit that crazy high of $73k, I think it took everyone by surprise, even the experts.  At that point, I figured we would be off to the races and new all-time highs before year's end. 

But thats the thing about crypto - its just so unpredictable. And  After that initial surge Bitcoin pulled back and has been bouncing around between $60-$70k for months now.   Will we see another major rally in 2024? I wouldnt bet against it.  Perhaps we take out that $73k high.  Heck, maybe we even push towards $100k.  But then again, maybe we trade sideways for awhile longer before any fireworks.  Wish I had a crystal ball!

Im watching the charts, ready to grab some more if we get a solid correction.  Whether the rally resumes or not, Im playing the long game here and  bitcoin still got a ways to go in my book.  Every peak and valleys a chance to build my stack before the next liftoff.

[Dr.Bitcoin_Strange]

As we hit that new $73k all time high earlier than expected, can we still expect to go past it sometime this year or are we thinking next year now?

No matter how we speculate about the price of Bitcoin, we can not dispute the fact that the price of the asset can be very dynamic and even if we are very speculative about a very particular price, it's possible that the price might not end up as expected or could be go above our expectations. Despite theh price pump of Bitcoin before and after the halving, I don't have doubt that Bitcoin price can still be able to reach $80k+ before the end of this year but even if it doesn't, I don't have anything to lose because I already set my target price to sell and until that price is reached, I am obligated to keep holding.

[GeorgeJohn]

The is that nobody can measure or predict the price of bitcoin, I know very well that bitcoin price is not constant and the price may likely decreases or increased at point but right now I don't know if bitcoin price can return to maximum it hits this year, currently its fluctuating in price and I believe they the price is right now its unpredictable, maybe after experiencing decreases it can hits above it increase or it neither have a continuous decrease, so I believe that bitcoin will add in its price when new investors queue in.

[stadus]

No one is certain enough what will be the future of bitcoin. However, as per my own observation, Bitcoin will never gain too much high momentum the next days but is most likely to drop more drastically. And when that's over, we will see bitcoin price gets more positive and will be moving upward again towards reaching it's new all time high. If not the end of this year, them maybe early next year.