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Author Topic: Bitcoin Prediction 2024 - 2025  (Read 2131 times)
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October 13, 2024, 11:25:51 PM
 #61

So is it possible that history will repeat itself and of course I need to see a lot of speculation in this thread and also bitcoin price analysis next year whether it will repeat the cycle or not. while the $100k price target is highly anticipated  Wink
All I know is that it is good to buy more bitcoin anytime the price go down a little. The price of bitcoin can not get below $50000 for now. Even if it gets below that price, buy more because bitcoin price will still rise and get to all-time high. But I do not know what the price the all-time high would be. Although I thought it would be up to $150000 but I am not sure of this anymore but I still think that bitcoin can get to $100000. And if that would happen, that would be in 2025.
I totally agree with you that Bitcoin will touch 100k dollars but I can believe it by 2025. It is very unlikely that Bitcoin will reach $100,000 in 2024. But yes wait to buy bitcoin below 50000 dollar actually definitely buy because bitcoin has very low chance of going down very high. And if you invest from instant market, wait for sure Bitcoin will increase, when success comes in investment then sell investment or hold for long time.

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October 14, 2024, 12:59:22 PM
 #62

So is it possible that history will repeat itself and of course I need to see a lot of speculation in this thread and also bitcoin price analysis next year whether it will repeat the cycle or not. while the $100k price target is highly anticipated  Wink



2025 Bitcoin goes to the moon and nothing is  likely stopping that from happening unless we get a WW3. After halving, it's only one way to the top that is left. This is what that has been happening since so why do we think it is going to change now that there are more people in the market, investing in anticipation of a bull market. We got lots of institutional investors pouring in millions of dollars into the market. $100,000 is in no doubt during this bull market. I read that many anticipated it to happen last bull market but it did not happen but stop at $69,000. We have already passed that price and we are not yet in the period when the highest price of Bitcoin used to come out. The market might not always follow the exact pattern of past market but there are always similarities and it is showing already that we are going to experience a bull market next year.



Basically, it's quite easy to predict the pattern of bitcoin now. And there are some things that really affected bitcoin's price.

1. US market
2. Stable token dominance

This time, the stable token dominance is always moving down gradually, which means people are pouring their money to the market to buy bitcoin. And now, bitcoin is even surpassing 65k. It can be considered as a bullish sign. However, some people are still doubting it, but see ing how SP500 & DowJones recorded new ATH last week, and i believe bitcoin seems undervalued considering it's not yet reached new ATH. Bitcoin is always tied to the US's stock since it was being added as ETF, and i watched its price movement everyday caused by i'm a daily trader.

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October 14, 2024, 04:05:07 PM
Last edit: October 14, 2024, 04:30:27 PM by JayJuanGee
 #63

So is it possible that history will repeat itself and of course I need to see a lot of speculation in this thread and also bitcoin price analysis next year whether it will repeat the cycle or not. while the $100k price target is highly anticipated  Wink

2025 Bitcoin goes to the moon and nothing is  likely stopping that from happening unless we get a WW3. After halving, it's only one way to the top that is left. This is what that has been happening since so why do we think it is going to change now that there are more people in the market, investing in anticipation of a bull market. We got lots of institutional investors pouring in millions of dollars into the market. $100,000 is in no doubt during this bull market. I read that many anticipated it to happen last bull market but it did not happen but stop at $69,000. We have already passed that price and we are not yet in the period when the highest price of Bitcoin used to come out. The market might not always follow the exact pattern of past market but there are always similarities and it is showing already that we are going to experience a bull market next year.

Basically, it's quite easy to predict the pattern of bitcoin now. And there are some things that really affected bitcoin's price.

1. US market
2. Stable token dominance

This time, the stable token dominance is always moving down gradually, which means people are pouring their money to the market to buy bitcoin. And now, bitcoin is even surpassing 65k. It can be considered as a bullish sign. However, some people are still doubting it, but see ing how SP500 & DowJones recorded new ATH last week, and i believe bitcoin seems undervalued considering it's not yet reached new ATH. Bitcoin is always tied to the US's stock since it was being added as ETF, and i watched its price movement everyday caused by i'm a daily trader.

Sure, do what you like. Go ahead and trade one of the best (if not the best of) assets currently available across the whole world and you are fucking around with ideas of correlation based on your short term perceptions, which may or may not be correct, even within themselves, even if maybe so far you have had luck trading upon such perceptions.

You are delusional if you believe that bitcoin is long term correlated with various stock asset classes, and hopefully you either don't end up losing your ass too much or even underperforming a more straight-forward investment strategy that largely just focuses on ongoingly accumulating bitcoin without fucking around with selling it. and yeah maybe that is too boring for you, even though on the longer term many if not most or an overwhelming majority of long term investors have outperformed most of the traders by merely buying and holding rather than trying to accumulate more BTC by engaging in selling tactics.  

Frequently traders cannot help themselves and they end up selling too many too soon, but they would not necessarily admit it.. even though perhaps you might be one of the lucky ones who does not end up performing worse than someone who just buys and holds.

By the way, how big of a player are you?  You have been registered on the forum for nearly 9 years.  Have whatever you have been doing beat a more straight-forward buying and holding strategy?  or are you just continuing to make the same mistakes and continuing to believe that this time is different and you will be able to look at BTC since the introduction of the ETFs to conclude that things are different now, in such a short timeline?

Think about it.  If you had been buying $100 per week of bitcoin in the last 9 years, you would have had invested right around $47k and you would have right about 18.5 BTC which would have around a $1.16 million spot price value and a $739k 200-WMA value).. so either way, with an ongoing investment (rather than trading approach) you would have had been sitting quite pretty with merely a $47k investment (that is right around 25x profits in regards to spot price and right around 16x profits in regards to the 200-WMA). 

The reason that I like to mention both spot price and 200-WMA valuations is to consider that spot price does allow you to get out now at those valuations, yet if you are a long term investor, you might well be considering the 200-WMA as a bottom price that continues to go up with the passage of time and we mostly have been and are likely to mostly stay above those bottom prices, even though from time to time the BTC price has gone below that and likely will from time to time go below that in the future, even though I suspect that the BTC price will mostly continue to stay mostly above the 200-WMA.

Have you been able to out perform those kinds of BTC accumulation numbers with your fucking around with trading, or are you merely delusional in thinking that you might be able to from here on out or that the future is going to be different?  Even if you have been able to out perform such numbers, do you believe that other normies might be able to outperform by trading rather than a more solid (and likely more sane) approach to appreciating the value of their BTC as an investment rather than something to gamble with.

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October 14, 2024, 04:43:48 PM
 #64


You are delusional if you believe that bitcoin is long term correlated with various stock asset classes, and hopefully you either don't end up losing your ass too much or even underperforming a more straight-forward investment strategy that largely just focuses on ongoingly accumulating bitcoin without fucking around with selling it. and yeah maybe that is too boring for you, even though on the longer term many if not most or an overwhelming majority of long term investors have outperformed most of the traders by merely buying and holding rather than trying to accumulate more BTC by engaging in selling tactics.  

Frequently traders cannot help themselves and they end up selling too many too soon, but they would not necessarily admit it.. even though perhaps you might be one of the lucky ones who does not end up performing worse than someone who just buys and holds.


The thing is since all this is economic related news like NFP and FOMC news affect the trades, traders like now easily mistake it as the market been manipulated with it or that the bitcoin is tied to the US stock which is completely wrong. This movement to me are just actually taking out the weak hands or simply close stop losses on future trades this doesn’t in any way at translate to a long term holder because now matter how the stock behaves bitcoin follows the historical cycle.

Nobody is saying that this economic crisis wouldn’t affect bitcoin because they actually have their impact on the demand and supply which translates to the price. But bitcoin is not to any stock. If in doubt check the stock movement from five years and compare to bitcoin movement.

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October 14, 2024, 11:41:09 PM
Merited by JayJuanGee (1)
 #65

So is it possible that history will repeat itself and of course I need to see a lot of speculation in this thread and also bitcoin price analysis next year whether it will repeat the cycle or not. while the $100k price target is highly anticipated  Wink

I am not good at analyzing but if we look at the 4-year cycle then the highest price of Bitcoin in 2025 is very likely to touch $ 180,000 maybe more than that but my prediction will not be more than $ 220,000 and that number is enough to provide profit to those who buy it starting today even though today the price of Bitcoin is starting to rise.
The 4-year cycle has never been failed in previous periods and so will be for 2025, and it would be better to anticipate this by buying wisely.

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October 14, 2024, 11:59:49 PM
 #66

I think you have the answer to this question occurring right now.   If we fail to pass the 70k area in this whole current positive move then I set back my aspirations by quite alot.   We'll struggle into 2025 on that basis or by that I mean take longer with a slighter gradient to any gains, maybe there is relevance from the imminent election but for now I think its a problem of low volume.

We can talk about price but really in 2025 what matters is more volume in trading, usage and more users is my ideal for higher prices.   The same or less people just buying more in my estimation makes us  top heavy.   I'd rather we do take longer to develop, I'm fine if we are building slowly till next April.  Any price around here is no negative and the more we stay here I think the higher we do go eventually just not now or even in a few months.

 
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October 15, 2024, 02:17:52 AM
 #67

So is it possible that history will repeat itself and of course I need to see a lot of speculation in this thread and also bitcoin price analysis next year whether it will repeat the cycle or not. while the $100k price target is highly anticipated  Wink
I am not good at analyzing but if we look at the 4-year cycle then the highest price of Bitcoin in 2025 is very likely to touch $ 180,000 maybe more than that but my prediction will not be more than $ 220,000 and that number is enough to provide profit to those who buy it starting today even though today the price of Bitcoin is starting to rise.
The 4-year cycle has never been failed in previous periods and so will be for 2025, and it would be better to anticipate this by buying wisely.

That is a pretty narrow range of top prices - in essence a top range for this cycle from $180k to $220k, which would be a top of 6.67x to 8.15x if we are measuring from our $27k BTC price base from October 2023 or a top of 2.75x to 3.33x if we were measuring our BTC price from today-ish.  Even if you might end up "guessing" correctly with your range, and even if the top might end up being lower than that range, that range is still pretty conservative as far as top ranges are concerned.

I would say that your numbers are not unrealistic as a sort of base case, yet many of us should understand and appreciate by now that in bitcoinlandia, even base cases can end up being undershot or overshot by what actually ends up happening.

You have been registered on the forum for nearly 9 years, so hopefully you have been figuring out bitcoin in the last 9-ish years, even though when I quickly browse through your post history, I see that you have spent quite a bit of time in various shitcoin and/or gambling threads, so you might have some difficulties figuring out and understanding bitocin if you have been failing/refusing to invest into it in the past 9-ish years, so if you see my earlier post from above, you can see that $100 per week into bitcoin would have had put you in a very decently good position, and perhaps in a position where you might feel that you might be in a position to start to shave off some profits based on either price based ideas or even time based ideas, yet still it can take a while to accumulate BTC, even if we might be able to set aside a decently good sized weekly buying budget.. which you may or may not have had been able to accomplish that over the last 9 years.

If you had not been accumulating BTC for the past 9 years, then you might not necessarily yet be in a position to be able to start shaving off profits, even though surely many of us already know that traders and gamblers don't really seem to know how to focus their time, energies and money to accumulate bitcoin rather than figuring out ways to prematurely take profits and then to be in a less beneficial position in regards to various compounding effects that could be enjoyed after a cycle or two of accumulating and holding BTC...

I am not meaning to overly lecture you about your seemingly conservative case for bitcoin, yet it is true that a lot of folks have been spending a lot of time in areas related to bitcoin and adjacent to bitcoin, yet still either not understanding bitcoin or failing/refusing to appreciate the range of upside potentials that bitcoin continues to have, even if some of the bullish cases may or may not end up playing out within this particular cycle. .and even though surely there remain a lot of reasons why relatively bullish cases (more than just $180k to $220k tops) could well have decently good chances of playing out within this cycle, and not that even I am putting high percentages on supra $220k scenarios playing out, especially since even in my lat 2021 prediction, my ideas of a top higher than $220k were in the ballpark of 29%, and so I have not sat down and tried to figure out if I consider odds of greater than $220k BTC prices for this cycle to be higher than 29% or not.... whether I might want to revise downward or upward.. I have not yet figured it out those numbers for my own thinking, even though 29% odds do come off as being pretty hight, and they surely are quite a bit higher than your placing $220k as the top of your prediction range for this cycle.

I think you have the answer to this question occurring right now.   If we fail to pass the 70k area in this whole current positive move then I set back my aspirations by quite alot.  

Oh gawd!!!!!  What a negative Nancy you happen to be.  

To me it is a BIG So fucking what? if the BTC price goes above $70k or not.  who cares?  The BTC price is going to do what it is going to do, and we are not even in a bad location right now, even if we don't get an upward break from here.

You seem to be placing unrealistic expectations that bitcoin has to do x, y or z otherwise you are no longer a fan.. like you are going to take your marbles and go home.. or some other bullshit of becoming depressed because you have some lame ass ideas in your head that bitcoin has to conform with some kind of a non-stop upward price trajectory in order to be fulfilling some kind of unrealistic expectations that you have about what it should do and/or when it should do it.

You probably already understand the various ideas that the market can stay irrational longer than you can stay solvent, and surely various periods of irrationality are ways to shake out the weak hands (which you seem to be if you cannot accept that UPpity might take longer than what is in your own view of when and by how much the UPpity should happen).  

We'll struggle into 2025 on that basis or by that I mean take longer with a slighter gradient to any gains,

The more you write, the more ridiculous that you sound.

Have you even been in bitcoin for very long?

Haven't you previously witnessed unrealistically long period in which the BTC price was kept down and then suddenly the BTC price explodes to the upside?  I feel like I should not even have to list those various periods of time, and currently, the BTC price is not even in a bad place if you consider that in October 2023 we were around $27k and then the price pretty much went into our current "no man's land"/"don't wake me up zone" of $55k-ish to $74k-ish for the past 8-ish months.  We have been largely consolidating at the top of BTC's price range for 8 months.. and what is wrong with that?  You speculate that consolidating within our current range signifies that we are not going to experience any explosive upward BTC price moves?  Sure, maybe you are correct, yet you seem way to cock-sured when you are coming out with such Debbie-downer, party-poop proclamations.

But, hey whatever, do what you like.  Even though I am commenting about your post, I am not going to let your pessimism to gunk up various other (and probably more likely) positive scenarios.

maybe there is relevance from the imminent election but for now I think its a problem of low volume.

I don't see any material and/or significant evidence of low volume.  ETFs are continuing to suck up BTC supply and Saylor continues to buy outrageous amounts, and sure someone is selling those coins (perhaps retail, who knows or maybe some of the BTC are fake), but from my perspective there continues to be a lot of ongoing purchasing of BTC, and too bad so sad if you happen to be some dumbass lame retail person (or a newbie, no coiner or low coiner) who does not figure out that they should be buying BTC rather than poo-pooing it.

Good luck to the lame ones who are failing/refusing to accumulate BTC - especially if they are low coiners and/or no coiners, which it happens to be that an overwhelming majority of the world's population happens to be situated as no coiners and/or low coiners, including that perhaps ONLY around 1% of the world's population has gotten some bitcoin, so surely a lot of the normies in the world are going to end up coming to bitcoin.

We can talk about price but really in 2025 what matters is more volume in trading, usage and more users is my ideal for higher prices.   The same or less people just buying more in my estimation makes us  top heavy.   I'd rather we do take longer to develop, I'm fine if we are building slowly till next April.  Any price around here is no negative and the more we stay here I think the higher we do go eventually just not now or even in a few months.

Gosh.  How did you become such a technical analysis expert?  I am not proclaiming that you are going to be wrong, even though I think that you are speaking with a bit more certainty that what seems to be justifiable.  But, hey whatever.  We are each entitled to our own analysis, and hopefully you are not failing/refusing to sufficiently/adequately prepare for UP with your ideas of best-case scenarios of gradualness in regards to bitcoin's upward price trajectory.

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October 15, 2024, 12:51:34 PM
 #68


Everything though is based on it's past historical logs and with that, we might conclude that the price will go on a $100k all time high. That's why many of us are still banking that this will eventually happen, although as we can see, in March we have a new all time high already before the halving.

Now it seems that the price is having difficulty to even getting into the $70k after that as many factors are with us right now like the war in the Middle East which for me is really one reason for the declining price as everyone is in panic as the effects of this potential war is going to be big world wide, everyone will be affected. So it's better to just calm our nerves and expect the unexpected or the worst that this market can bring. But hopefully, we are still optimistic that the bull run will occur next year when everything subside and we can see 6 figures as our new all time high.

Yes, it is complicated because on one hand there is the war process that I think many want to stop happening, there is a lot of anger among people that is erased, from children , from innocent people and it is really not worth it, I prefer that the bullish process of btc be delayed as long as there are no deaths, also a war like this can trigger a bigger war, because more countries begin to die and when we see each other, God forbid, we will be in the middle of a world war , that is when everything gets complicated , Saying goodbye to the markets and fearing for Everyone's lives , so if this Conflict is resolved , the Market will Possibly react very positively.

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October 15, 2024, 08:04:51 PM
 #69

it is complicated because on one hand there is the war process that I think many want to stop happening, there is a lot of anger among people that is erased, from children , from innocent people and it is really not worth it, I prefer that the bullish process of btc be delayed as long as there are no deaths, also a war like this can trigger a bigger war, because more countries begin to die and when we see each other, God forbid, we will be in the middle of a world war , that is when everything gets complicated , Saying goodbye to the markets and fearing for Everyone's lives , so if this Conflict is resolved , the Market will Possibly react very positively.
I doubt the war is cared by the market as much as you may imagine. While they do care for a day or two when it starts, we had Ukraine vs Russia war, causing the price to fall, we are double that price now, bear run happened and went away since then. This Israel vs Palestine war is quite similar as well, people cared, and price dropped, and look where we are right now as well.

We are not getting the similar situations all that easily, we shouldn't really care about them and we should consider this to be a momentary thing. I do believe in humanity and war is a terrible thing, death in general is a terrible thing, this is not normal that we have wars going on even in this age, but money doesn't care, money doesn't have emotions, we have emotions.

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October 15, 2024, 08:29:59 PM
 #70

-snip-
I doubt the war is cared by the market as much as you may imagine. While they do care for a day or two when it starts, we had Ukraine vs Russia war, causing the price to fall, we are double that price now, bear run happened and went away since then. This Israel vs Palestine war is quite similar as well, people cared, and price dropped, and look where we are right now as well.
The impact of a war on the market is certain regardless of how long it lasts. The market will eventually recover due to increased demand - but it will also fall if the tensions caused by the war worsen.

A bad economic situation and some interest rate adjustments will also change the market. Trends can change for both reasons - politics can also have an impact. So - it's hard to ignore the impact of all of this, but the market will definitely recover after the crash. I remember how covid19 impacted the market - but then the market recovered to hit a new ATH over time.

We are not getting the similar situations all that easily, we shouldn't really care about them and we should consider this to be a momentary thing. I do believe in humanity and war is a terrible thing, death in general is a terrible thing, this is not normal that we have wars going on even in this age, but money doesn't care, money doesn't have emotions, we have emotions.
The bitcoin market is inherently uncontrollable - even if there are some attempts to manipulate it. Increased demand will cause the price to increase - and vice versa when selling pressure increases the price will down. This dynamic will always be present in the market - we cannot avoid it and expect it to stabilize.
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October 15, 2024, 11:39:35 PM
 #71

The current situation is difficult to support bitcoin and it is difficult to predict the trip at the end of this year and 2025. Historically, October has been a very good month for bitcoin, the post-halving cycle is the time when bitcoin has the strongest increase. This can repeat, at the same time, with all the attention focused on the US presidential election, I think this period is very feasible for bitcoin to grow. 2025 is a long way but first I need a plan ready for the end of this year. I expect to see 100k this cycle.
After the halving, there is a big possibility that the Bitcoin price will increase. As such we will be able to see a big change in Bitcoin price in 2025. Moreover, we can see a green candlestick in the price of Bitcoin this October which has worked similarly for other years. However, Bitcoin price does not always follow the previous pattern. Moreover, its price is not always accurate to predict but most of the times we see that Bitcoin is bullish after halving. As such we will see a big change in Bitcoin price after 2025. Also, if Trump comes to power in the November election, there could be a big change in Bitcoin price where I could easily predict $150,000. Considering various factors, we can consider 2025 as the best time for Bitcoin.

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October 16, 2024, 05:19:24 PM
 #72

So is it possible that history will repeat itself and of course I need to see a lot of speculation in this thread and also bitcoin price analysis next year whether it will repeat the cycle or not. while the $100k price target is highly anticipated  Wink

I am not good at analyzing but if we look at the 4-year cycle then the highest price of Bitcoin in 2025 is very likely to touch $ 180,000 maybe more than that but my prediction will not be more than $ 220,000 and that number is enough to provide profit to those who buy it starting today even though today the price of Bitcoin is starting to rise.
The 4-year cycle has never been failed in previous periods and so will be for 2025, and it would be better to anticipate this by buying wisely.
actually you may be correct but one thing is that the Circle of Bitcoin for 4 years does not have a particular value of increment they are increment come in different way sometimes bitcoin may be added with three to five digit in value or 10 digit for increment but you predicting that in 2025 bitcoin may reach approximately 180,000 to 220,000 it is quite unfortunate that nobody can know what Bitcoin will the land or price up in 2025 it is obvious that the value might not reach to our expected value because bitcoin is unpredictable despite that we are believing in four years cycle that does not grantee that the price may sky rocket to 220,000 for me I know that bitcoin will increase but such value I don't think that bitcoin will ascertain such value

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October 16, 2024, 06:14:33 PM
 #73

The current situation is difficult to support bitcoin and it is difficult to predict the trip at the end of this year and 2025. Historically, October has been a very good month for bitcoin, the post-halving cycle is the time when bitcoin has the strongest increase. This can repeat, at the same time, with all the attention focused on the US presidential election, I think this period is very feasible for bitcoin to grow. 2025 is a long way but first I need a plan ready for the end of this year. I expect to see 100k this cycle.
After the halving, there is a big possibility that the Bitcoin price will increase. As such we will be able to see a big change in Bitcoin price in 2025. Moreover, we can see a green candlestick in the price of Bitcoin this October which has worked similarly for other years. However, Bitcoin price does not always follow the previous pattern. Moreover, its price is not always accurate to predict but most of the times we see that Bitcoin is bullish after halving. As such we will see a big change in Bitcoin price after 2025. Also, if Trump comes to power in the November election, there could be a big change in Bitcoin price where I could easily predict $150,000. Considering various factors, we can consider 2025 as the best time for Bitcoin.
It's not a possibility, that's how Bitcoin is throughout history, and that is what we call a 4 year cycle, after halving, as the supply is getting limited, and so the demand is pushing higher, making the price really go up and rally and then we established a new all time high. And with that, if the cycle continues, by 2025, we will see another new all time high, around 6 digits as majority of us here have predicted. I do agree though that the result of the US election might bring that positive momentum in the market, and just like what we have seen this week, we have a rally and this run could sustain itself up to November and maybe by that time, we will be seeing $70k and at the end of the year, $80k is doable and then 2025, 6 digits could be established, so the future looks bring to all of us.
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October 17, 2024, 05:24:44 PM
 #74

We are not getting the similar situations all that easily, we shouldn't really care about them and we should consider this to be a momentary thing. I do believe in humanity and war is a terrible thing, death in general is a terrible thing, this is not normal that we have wars going on even in this age, but money doesn't care, money doesn't have emotions, we have emotions.

Yes, you hit the nail on the head, a war despite all the bad things it brings can be said that when it happens there are some things that stop , for example if it affects the markets that go down in price , because it is Obvious that emotions are something that affects everything , we as human beings have shown that thanks to emocoins we act , and those who are behind the market even if they use bots , those who handle them are humans and emocoins are the ones who in the end , even if they say no, are the ones who influence making decisions, there is no other way, it is a fact that it is always like that, generally when an Analysis is done in this way the money always moves , but the fundamentals can make anyone lose money.

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October 17, 2024, 06:04:30 PM
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 #75

Lots of people mentioning $100,000 as a price target. We hit $69,000 in the last bull market of 2021.

$100,000 is close to a guarantee. We are going much higher.

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October 18, 2024, 11:59:10 AM
 #76

This is important to know because most people, especially newbies, who enter the market by making investments in Bitcoin expect to get returns shortly after they do it which isn't always the case, you do get returns if you are patient and you can keep holding your assets for a long enough time but if the market isn't moving in a positive direction when you make your investment, your investment might lose value initially which shouldn't cause panic.

It is very true, newbies should be told that first of all they have to know that when putting money into btc it has to be clear that it is very volatile, that they cannot withdraw that money on the downside because obviously they will have losses, and that is not the idea, the idea is that they can have benefits, and for that you have to have a lot of patience and discipline, there is no other way, whoever wants to see it that way it seems clear to me , but whoever wants to make a short-term investment, well I think that is not called investment, or perhaps high-risk investment? In the alts they can do it but they will probably lose the money, and that is not the idea either.

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October 20, 2024, 03:48:36 AM
 #77

Lots of people mentioning $100,000 as a price target. We hit $69,000 in the last bull market of 2021.

$100,000 is close to a guarantee. We are going much higher.

Of course we can see the peak momentum in the Bitcoin market this mid 2024-25 when the peak Bitcoin price will just touch the target.  And it is very likely to rise to $150,000, bitcoin market those who are not yet touched by investment are quickly connected to investment.  We can use this month of October as a stepping stone to hit the highest price in the Bitcoin market.

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October 20, 2024, 06:00:38 AM
 #78

It is 3-4 years actually,like this year in which Bitcoin price climbed even before the halving happens so that means there are different scenarios each season of halving.
But what we need to be thankful is that we are all ready to what will come (of course aside from weak and noob)
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October 20, 2024, 07:09:21 PM
 #79

It is 3-4 years actually,like this year in which Bitcoin price climbed even before the halving happens so that means there are different scenarios each season of halving.
But what we need to be thankful is that we are all ready to what will come (of course aside from weak and noob)

I will agree with you that the pattern of BTC's historical cycle (in terms of 4 years) is not guaranteed to repeat, and surely there are a lot of BIGGER players who are out there trying to fuck around with the BTC price to either cause people to believe that the cycle will not repeat and/or attempting to cause the cycle to NOT to repeat, and those material and/or propaganda efforts are likely not going to undermine the cycle theory as much as maybe any of us might want to believe - even though many of us recognize and appreciate that nothing is guaranteed in bitcoin price dynamics or other matters trying to rely upon what may or may not happen in the future, while at the same time, there is no reason to be totally dismissing and/or poo-pooing cycle theory as if its chances of happening were no greater than random, which clearly does not seem to be the case, and anyone overly trying to play their hand to poo poo cycle theory seems to be more likely than not to have fun staying poor.

Probably, I would still suggest that none of us should be putting too much weight in regards to relying on cycle theory having to become true, but we should not be poo-pooing it either, and there are ways to do more than one thing at the same time in regards to getting out of the tendency that many of us have to gravitate towards black and white thinking.  Surely many of us longer term bitcoiners will still suggest that there remain an overwhelming large majority of normies who continue to fail/refuse to sufficiently/adequately prepare themselves (financially and/or psychologically) for UPpity BTC prices, and so getting some bitcoin (getting off of zero) is likely a way better strategy than failing/refusing to get started, and sure, even though I recommend that newbies work towards getting to a target of between 5% to 25% of their quasi-liquid investment portfolio into bitcoin, yet it is way better for low coiner and/or no coiners to get off zero and/or to work their way into something comfortable for themselves rather than failing/refusing to act to work on getting a bitcoin stake - including that if some folks might be on zero or close to zero in regards to whatever bitcoin they currently hold, it could take them 1-2 years or more to even get themselves to whatever target amount of BTC that ideally they should be striving to reach... and yeah. .each person has to decide for himself, including decisions to stay on zero or to stay a low coiner are also decisions that have consequences that may or may not end up being regretted later down the road.

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October 20, 2024, 09:48:18 PM
 #80

It is 3-4 years actually,like this year in which Bitcoin price climbed even before the halving happens so that means there are different scenarios each season of halving.
But what we need to be thankful is that we are all ready to what will come (of course aside from weak and noob)
There are two possible things that can happen with Bitcoin price because of what you have explained which is price making a new all time high even before the halving, representing a major deviation from the 4 years cycle. One of the things that will happen may be price rising very high beyond the expectations of people, like above $100k which is the target of many people. This is the most likely option that will happen. The other option will be price hovering just around the current all time high of $73k in a prolonged consolidation until second half of next year before we start seeing some major retracements. This is the least likely option. But whatever happens, I still believe that market will still make a new all time high before we see any major correction.

I thinking getting enough Bitcoin in our portfolio is more important at this point than knowing for certainty what the price will be because no one can actually know what direction the market will chose. So to avoid regrets, it is better to be well positioned in Bitcoin holding while waiting for the market to show its hands.

R


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