Bitcoin Prediction 2024 - 2025

[LogitechMouse]

I think after making my previous thread about the 4 year cycle in bitcoin price movement maybe now everyone still has doubts that history will repeat itself as usual, I have made a thread and discussed it before in this thread.
---
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 

This is why I'm a firm believer of the 4-year cycle and this isn't happening on crypto markets alone, but it's also happening on other big markets as well.
On the flip side, I still believe that there's a chance that the 4-year cycle might be broken at some point in the future. Not this time, but maybe after 2 decades? or 10 years who knows.

Nevertheless, many are expecting for Bitcoin to reach $100,000 this upcoming bull run. TBH, I expected that it will happen during the last bull run in 2017, but we know what happened at that time. Now the chances of it getting reached will be much higher because the bull run hasn't started and yet we are seeing the price of Bitcoin slowly reaching the $70,000 price mark by the time I'm making this post. A $100,000 peak price per Bitcoin prediction for me is a bit conservative. I guess the peak will be at around $110,000-$120,000. That will be my prediction for the upcoming bull run that might happen this year and next year as well.

Always be ready for what will happen in the crypto market for the next months because that will be the most exciting months, but be ready for the worst thing to happen still. Who knows the crypto market might surprise us again.

[JayJuanGee]

I think after making my previous thread about the 4 year cycle in bitcoin price movement maybe now everyone still has doubts that history will repeat itself as usual, I have made a thread and discussed it before in this thread.
---
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 

This is why I'm a firm believer of the 4-year cycle and this isn't happening on crypto markets alone, but it's also happening on other big markets as well.
On the flip side, I still believe that there's a chance that the 4-year cycle might be broken at some point in the future. Not this time, but maybe after 2 decades? or 10 years who knows.

Nevertheless, many are expecting for Bitcoin to reach $100,000 this upcoming bull run. TBH, I expected that it will happen during the last bull run in 2017, but we know what happened at that time. Now the chances of it getting reached will be much higher because the bull run hasn't started and yet we are seeing the price of Bitcoin slowly reaching the $70,000 price mark by the time I'm making this post. A $100,000 peak price per Bitcoin prediction for me is a bit conservative. I guess the peak will be at around $110,000-$120,000. That will be my prediction for the upcoming bull run that might happen this year and next year as well.

Always be ready for what will happen in the crypto market for the next months because that will be the most exciting months, but be ready for the worst thing to happen still. Who knows the crypto market might surprise us again.

What would happen if the BTC price were to go to $160k or higher in 2025 are you still going to have any BTC remaining in your investment portfolio? or are you a trader and you don't have an investment portfolio? Perhaps you would be selling most or all of your BTC somewhere between $110k and $120k in 2025 in the event BTC prices might go there within your expected timeline?

[Olatundespo]

I think after making my previous thread about the 4 year cycle in bitcoin price movement maybe now everyone still has doubts that history will repeat itself as usual, I have made a thread and discussed it before in this thread.
---
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 

This is why I'm a firm believer of the 4-year cycle and this isn't happening on crypto markets alone, but it's also happening on other big markets as well.
On the flip side, I still believe that there's a chance that the 4-year cycle might be broken at some point in the future. Not this time, but maybe after 2 decades? or 10 years who knows.

Nevertheless, many are expecting for Bitcoin to reach $100,000 this upcoming bull run. TBH, I expected that it will happen during the last bull run in 2017, but we know what happened at that time. Now the chances of it getting reached will be much higher because the bull run hasn't started and yet we are seeing the price of Bitcoin slowly reaching the $70,000 price mark by the time I'm making this post. A $100,000 peak price per Bitcoin prediction for me is a bit conservative. I guess the peak will be at around $110,000-$120,000. That will be my prediction for the upcoming bull run that might happen this year and next year as well.

Always be ready for what will happen in the crypto market for the next months because that will be the most exciting months, but be ready for the worst thing to happen still. Who knows the crypto market might surprise us again.

What would happen if the BTC price were to go to $160k or higher in 2025 are you still going to have any BTC remaining in your investment portfolio? or are you a trader and you don't have an investment portfolio? Perhaps you would be selling most or all of your BTC somewhere between $110k and $120k in 2025 in the event BTC prices might go there within your expected timeline?

The period between 2009 and 2024 has passed no one thought that the value of Bitcoin would increase at such a high rate and we as small investors expect it to touch $100K within this year. Since the beginning investors have been chasing such huge values ​​based on assumptions and achieving success that is like a dream.

As per your opinion if Bitcoin price touches $160K by 2025 then it will be a breakthrough and we can expect it. If we can keep our minds in that time frame, buying a lump sum should put our investments in a strong position.

[Strongkored]

That is a pretty narrow range of top prices - in essence a top range for this cycle from $180k to $220k

I mentioned that number only counted from Bullish in 2017 ath around $ 20k with 2021 around $ 69k, and yes, it is a very narrow price range, but that does not mean that the price of Bitcoin cannot pass from $ 220k and I just want realistic unlike the previous 4 -year cycle where there are many high predictions even if I'm not mistaken the lowest price prediction is $ 400k and it turns out it not passing $ 100k.

[JayJuanGee]

That is a pretty narrow range of top prices - in essence a top range for this cycle from $180k to $220k

I mentioned that number only counted from Bullish in 2017 ath around $ 20k with 2021 around $ 69k, and yes, it is a very narrow price range, but that does not mean that the price of Bitcoin cannot pass from $ 220k and I just want realistic unlike the previous 4 -year cycle where there are many high predictions even if I'm not mistaken the lowest price prediction is $ 400k and it turns out it not passing $ 100k.

Just because you have a more conservative estimate, that does not cause you to be more "realistic" than someone with a less conservative prediction, even though your odds of being correct might end up being greater, and sure if you are wrong, then there can be some value to being wrong towards being more conservative rathe than being wrong and getting expectations too high.

[laijsica]

That is a pretty narrow range of top prices - in essence a top range for this cycle from $180k to $220k

I mentioned that number only counted from Bullish in 2017 ath around $ 20k with 2021 around $ 69k, and yes, it is a very narrow price range, but that does not mean that the price of Bitcoin cannot pass from $ 220k and I just want realistic unlike the previous 4 -year cycle where there are many high predictions even if I'm not mistaken the lowest price prediction is $ 400k and it turns out it not passing $ 100k.

Just because you have a more conservative estimate, that does not cause you to be more "realistic" than someone with a less conservative prediction, even though your odds of being correct might end up being greater, and sure if you are wrong, then there can be some value to being wrong towards being more conservative rathe than being wrong and getting expectations too high.

A good way to get a high probability of meeting the expectations of investors by behaving more conservatively in terms of investment is to do DCA. Which increases the accumulation of Bitcoin over time and if we limit our accumulation to $100k, we may be able to reach the desired goal earlier and $220k is a later decision in 4-10 years. The main goal is a concrete decision to accumulate in the long term without considering the price. I completely agree with your opinion that being wrong by behaving more conservatively can give us more expected value than being wrong.

Whatever our guess, we must completely agree with the expected decision to stick with Bitcoin that by sticking to the long-term ongoing process like glue, the growth of our invested capital can be more promising.

[GigaBit]

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.

If the price of Bitcoin crosses $100K then its price will be likely to go up to $150K. After 2021, the Bitcoin price has been bearish for a long time, which is why bull market momentum will be more likely than any other year. We expect Bitcoin's ETFs trading approval and Bitcoin halving to accelerate bullish movement, which is why the upcoming Bitcoin bull market will be much stronger than other years. If the bull run is interrupted at the end of 2024, then the bull run can be expected in the first quarter of 2025. The bull run of 2024 and 2025 will certainly look different from other's. At the moment if the Bitcoin price rising interrupted in any way we will have to wait until the November US election.

[Obim34]

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.

If the price of Bitcoin crosses $100K then its price will be likely to go up to $150K. After 2021, the Bitcoin price has been bearish for a long time, which is why bull market momentum will be more likely than any other year. We expect Bitcoin's ETFs trading approval and Bitcoin halving to accelerate bullish movement, which is why the upcoming Bitcoin bull market will be much stronger than other years. If the bull run is interrupted at the end of 2024, then the bull run can be expected in the first quarter of 2025. The bull run of 2024 and 2025 will certainly look different from other's. At the moment if the Bitcoin price rising interrupted in any way we will have to wait until the November US election.

The Q4 of this year is commonly expected to give Bitcoin a new price mark, the month of October is near to an end and clearly there has been some interesting movement already. Hitting a new all time high just before the year runs out is something we can put in accomplishing, no doubt it will happen and not even bothered to speculate on this short period of movement rather focused on the long bull run featuring 2025.

Where most concerns or expectations should be is in year 2025, above $100k has been accepted as the most realistic target for the price mark,  $150k is also realistic going upward or even not touching the price mark. The most confident aspect is going through the bull run and hitting a new ATH.

[Nwada001]

If the price of Bitcoin crosses $100K then its price will be likely to go up to $150K. After 2021, the Bitcoin price has been bearish for a long time, which is why bull market momentum will be more likely than any other year. We expect Bitcoin's ETFs trading approval and Bitcoin halving to accelerate bullish movement, which is why the upcoming Bitcoin bull market will be much stronger than other years. If the bull run is interrupted at the end of 2024, then the bull run can be expected in the first quarter of 2025. The bull run of 2024 and 2025 will certainly look different from other's. At the moment if the Bitcoin price rising interrupted in any way we will have to wait until the November US election.

We expected the bull run to happen on or just before the approval of the ETF, but the reverse was absolutely the case. We saw a price pump on the market when the news for the Bitcoin ETF to be approved became highly positive, and just after its approval, we saw some drops on the market, and Bitcoin has not reached the $70k level since that drop. 
 
With the way the market is going, if Bitcoin can cross down to $75k again before the year runs out, I think we can be sure of $80k also being secured, but $100k for 2024 is something I'm not certain about, but it can be possible in the 1st Quarter of 2025; it's just speculation anyway, and high hopes should not be put on them.

[JayJuanGee]

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.

If the price of Bitcoin crosses $100K then its price will be likely to go up to $150K. After 2021, the Bitcoin price has been bearish for a long time, which is why bull market momentum will be more likely than any other year.

Fair enough, but then where is the correction point if there is a toping out somewhere around or beyond $150k, then does $100k end up serving as support or not?  And, how should a bitcoin HODLer treat your information (speculation of not too much resistance between $100k and $150k)?  I am not saying that I disagree with you, even though I consider matters a bit problematic when they become too specific and seemingly certain, especially in regards to the future.

We expect Bitcoin's ETFs trading approval and Bitcoin halving to accelerate bullish movement, which is why the upcoming Bitcoin bull market will be much stronger than other years. If the bull run is interrupted at the end of 2024, then the bull run can be expected in the first quarter of 2025. The bull run of 2024 and 2025 will certainly look different from other's.

You are not describing anything different from previous cycles.

At the moment if the Bitcoin price rising interrupted in any way we will have to wait until the November US election.

Yes, of course markets tend to prefer certainty, so if we presume that the election (in 2 weeks ^tm) resolves some of the current uncertainty, then sure, I can go along with that thesis without even knowing the results beyond an anticipation that more certainty will be present after the election as compared to the level of certainty that exists prior to the election.

Right now there seems to be some expectations that Trump is the more likely winner, yet surely even that kinds of a potential outcome that is siding towards a certain level of certainty has to have some temperance when it might not be matched up with some level of actual concrete evidence.

[justdimin]

We expected the bull run to happen on or just before the approval of the ETF, but the reverse was absolutely the case. We saw a price pump on the market when the news for the Bitcoin ETF to be approved became highly positive, and just after its approval, we saw some drops on the market, and Bitcoin has not reached the $70k level since that drop. 
 
With the way the market is going, if Bitcoin can cross down to $75k again before the year runs out, I think we can be sure of $80k also being secured, but $100k for 2024 is something I'm not certain about, but it can be possible in the 1st Quarter of 2025; it's just speculation anyway, and high hopes should not be put on them.

I remember the price went to 70k after the approval not before, am I remembering it wrong? I mean maybe I am, but looking at the dates, it feels like the 70k+ all time high price happened after the ETF became a thing and people started to invest into them, not beforehand so that means ETF was a good thing to increase the price.

In any case, we have it now and that's in the past and I believe with a bull run, not only retail investors like me would keep on investing and there will be hype in the crypto market, but there will also be a lot of super wealthy people who will invest billions into ETF's as well, which in return will make these companies buy bitcoin to cover 1t1 ratio as well. This is why I believe in our future and a 100k+ price.

[Republikcoin.com]

The Q4 of this year is commonly expected to give Bitcoin a new price mark, the month of October is near to an end and clearly there has been some interesting movement already. Hitting a new all time high just before the year runs out is something we can put in accomplishing, no doubt it will happen and not even bothered to speculate on this short period of movement rather focused on the long bull run featuring 2025.

Where most concerns or expectations should be is in year 2025, above $100k has been accepted as the most realistic target for the price mark,  $150k is also realistic going upward or even not touching the price mark. The most confident aspect is going through the bull run and hitting a new ATH.

Hoping to see another ATH before the year ends is still very reasonable as it is not too far away for Bitcoin to reach from its current price. But for the price level of $100K or more it seems that it cannot be expected immediately by the end of this year but must have other hopes in next year as you said. Because if Bitcoin can reach the $75K level by the end of this year, of course there is hope to see the $100K level in the first quarter of next year if the price correction rate is not too much in the market.

[Swordsoffreedom]

We expected the bull run to happen on or just before the approval of the ETF, but the reverse was absolutely the case. We saw a price pump on the market when the news for the Bitcoin ETF to be approved became highly positive, and just after its approval, we saw some drops on the market, and Bitcoin has not reached the $70k level since that drop. 
 
With the way the market is going, if Bitcoin can cross down to $75k again before the year runs out, I think we can be sure of $80k also being secured, but $100k for 2024 is something I'm not certain about, but it can be possible in the 1st Quarter of 2025; it's just speculation anyway, and high hopes should not be put on them.

I remember the price went to 70k after the approval not before, am I remembering it wrong? I mean maybe I am, but looking at the dates, it feels like the 70k+ all time high price happened after the ETF became a thing and people started to invest into them, not beforehand so that means ETF was a good thing to increase the price.

In any case, we have it now and that's in the past and I believe with a bull run, not only retail investors like me would keep on investing and there will be hype in the crypto market, but there will also be a lot of super wealthy people who will invest billions into ETF's as well, which in return will make these companies buy bitcoin to cover 1t1 ratio as well. This is why I believe in our future and a 100k+ price.

If I remember correctly when the bitcoin ETF was approved and 2 weeks later, bitcoin price increased strongly and reached $73k before there was a pullback. Then the halving happened and people started thinking about a bigger bull run but things didn't go as expected and they started complaining about ETFs for not being able to create a surprise.

I don't know how everyone else is predicting but for me, $100k is not a very difficult target to achieve in this cycle. I believe Bitcoin could even hit $150k-180k in this cycle. But honestly, I hope everything happens next year and not this year.

[Ricardo11]

I remember the price went to 70k after the approval not before, am I remembering it wrong? I mean maybe I am, but looking at the dates, it feels like the 70k+ all time high price happened after the ETF became a thing and people started to invest into them, not beforehand so that means ETF was a good thing to increase the price.

In any case, we have it now and that's in the past and I believe with a bull run, not only retail investors like me would keep on investing and there will be hype in the crypto market, but there will also be a lot of super wealthy people who will invest billions into ETF's as well, which in return will make these companies buy bitcoin to cover 1t1 ratio as well. This is why I believe in our future and a 100k+ price.

If I remember correctly when the bitcoin ETF was approved and 2 weeks later, bitcoin price increased strongly and reached $73k before there was a pullback. Then the halving happened and people started thinking about a bigger bull run but things didn't go as expected and they started complaining about ETFs for not being able to create a surprise.

I don't know how everyone else is predicting but for me, $100k is not a very difficult target to achieve in this cycle. I believe Bitcoin could even hit $150k-180k in this cycle. But honestly, I hope everything happens next year and not this year.

I agree with you, The upcoming bull market is going to be a strong bull market, this year I don't expect much positive for bitcoin, currently the market for bitcoin is below 67K, this month is going to end very soon, and next month is the US election on November 5th. will be Looking at the market situation at the moment nothing much positive can be expected, by the end of this year we may see Bitcoin price around 75K. And the outcome of this US election will affect the price movement of Bitcoin in 2025.

Also on October 22, Bitwise's Head Of Strategy Jeff Park predicted that Trump's victory would take Bitcoin to $92,000.

Bitcoin's next bull market is definitely going to be a strong bull market, and Bitcoin can definitely cross 150K in this cycle, but we will all see next year. This year we can't expect much from Bitcoin.

[lixer]

The upcoming bull market is going to be a strong bull market, this year I don't expect much positive for bitcoin, currently the market for bitcoin is below 67K, this month is going to end very soon, and next month is the US election on November 5th. will be Looking at the market situation at the moment nothing much positive can be expected, by the end of this year we may see Bitcoin price around 75K. And the outcome of this US election will affect the price movement of Bitcoin in 2025.

Also on October 22, Bitwise's Head Of Strategy Jeff Park predicted that Trump's victory would take Bitcoin to $92,000.

Bitcoin's next bull market is definitely going to be a strong bull market, and Bitcoin can definitely cross 150K in this cycle, but we will all see next year. This year we can't expect much from Bitcoin.

While 92k is nothing, I believe we can see a lot more and no matter whichever one wins. It is obvious that we are going to have a bull run, that is always the case with bitcoin, they started to say trump will take it higher because they saw polls and it's clear trump is leading right now, and that means trump may win as a favourite and this is why they are saying it will go up after he wins.

In reality I believe it will go up no matter what happens, you can see Biden make martial law and not even give up power and even that would not make bitcoin crash, in fact something that stupid would probably make bitcoin go up. So, we are going to see bitcoin rising for the next year, things should not eb all that complicated and we could probably make some good money. I believe the best way to move forward would be just focusing on how to get better results, this doesn't seem like we are going to end up with trump or anything, we are going to end up with bull run nevertheless in any case.

[Popkon6]

The upcoming bull market is going to be a strong bull market, this year I don't expect much positive for bitcoin, currently the market for bitcoin is below 67K, this month is going to end very soon, and next month is the US election on November 5th. will be Looking at the market situation at the moment nothing much positive can be expected, by the end of this year we may see Bitcoin price around 75K. And the outcome of this US election will affect the price movement of Bitcoin in 2025.

Also on October 22, Bitwise's Head Of Strategy Jeff Park predicted that Trump's victory would take Bitcoin to $92,000.

Bitcoin's next bull market is definitely going to be a strong bull market, and Bitcoin can definitely cross 150K in this cycle, but we will all see next year. This year we can't expect much from Bitcoin.

While 92k is nothing, I believe we can see a lot more and no matter whichever one wins. It is obvious that we are going to have a bull run, that is always the case with bitcoin, they started to say trump will take it higher because they saw polls and it's clear trump is leading right now, and that means trump may win as a favourite and this is why they are saying it will go up after he wins.

Bitcoin price is heading for an October high, but the price we are focusing on in Bitcoin may not return to this price in the near future. Because the price of Bitcoin will start to rise directly, since we are standing in the pre-bull market period. With Trump, I think this Bitcoin price correlation is very small, because in this situation, even if it wasn't election time, Bitcoin price would have increased according to the bull market. Which, if we look at the history of 2021 and 2017, 2013 definitely set the record for the highest bitcoin price in history. So I think we are in the right place at the moment with the price of Bitcoin and we are standing just before a bull market.

In reality I believe it will go up no matter what happens, you can see Biden make martial law and not even give up power and even that would not make bitcoin crash, in fact something that stupid would probably make bitcoin go up. So, we are going to see bitcoin rising for the next year, things should not eb all that complicated and we could probably make some good money. I believe the best way to move forward would be just focusing on how to get better results, this doesn't seem like we are going to end up with trump or anything, we are going to end up with bull run nevertheless in any case.

But we should have a target on how we can accelerate Bitcoin, because it is the most important of our holdings. There is no profit to be had with Bitcoin without holding, as the more Bitcoin that can be held, the more likely it is to improve. This is the best time to invest in bitcoins because sometimes bitcoin dips here if a bitcoiner buys bitcoins for holding then that holder will gain the most. 
So to conduct yourself properly, you must have a relationship with Bitcoin, and according to past history, Bitcoin price will definitely increase from this October and hit all-time highs in 2025.

[asriloni]

If the price of Bitcoin crosses $100K then its price will be likely to go up to $150K. After 2021, the Bitcoin price has been bearish for a long time, which is why bull market momentum will be more likely than any other year. We expect Bitcoin's ETFs trading approval and Bitcoin halving to accelerate bullish movement, which is why the upcoming Bitcoin bull market will be much stronger than other years. If the bull run is interrupted at the end of 2024, then the bull run can be expected in the first quarter of 2025. The bull run of 2024 and 2025 will certainly look different from other's. At the moment if the Bitcoin price rising interrupted in any way we will have to wait until the November US election.

We expected the bull run to happen on or just before the approval of the ETF, but the reverse was absolutely the case. We saw a price pump on the market when the news for the Bitcoin ETF to be approved became highly positive, and just after its approval, we saw some drops on the market, and Bitcoin has not reached the $70k level since that drop.
 
With the way the market is going, if Bitcoin can cross down to $75k again before the year runs out, I think we can be sure of $80k also being secured, but $100k for 2024 is something I'm not certain about, but it can be possible in the 1st Quarter of 2025; it's just speculation anyway, and high hopes should not be put on them.

Sometimes moving up is always moving down. This is something that can be avoided even by Bitcoin. Bitcoin's all-time chart looks very bullish. But, I'm unsure we can easily break new ATH without major adoption. We need big news to cook the price and push anyone in the market to buy as many bitcoins as possible.

But I remind you that Bitcoin's price is also affected by various sentiments. Major bad news could crash the crypto market, and we may not see another bull run.



https://www.wsj.com/finance/currencies/federal-investigators-probe-cryptocurrency-firm-tether-a13804e5

A WSJ report on a US probe into Tether triggered Bitcoin prices to dump. But, after Tether CEO denies WSJ's report, the price is slowly recovering. And imagine if WSJ's report were true, the bullish trend may be delayed for the next year.

That's why i don't have a very high expectation for BTC to break a very high price coz there will always be a pullback. Surpassing 70k, then steadily trading between 70k - 80k range is good enough.

[Iranus]

A WSJ report on a US probe into Tether triggered Bitcoin prices to dump. But, after Tether CEO denies WSJ's report, the price is slowly recovering. And imagine if WSJ's report were true, the bullish trend may be delayed for the next year.

That's why i don't have a very high expectation for BTC to break a very high price coz there will always be a pullback. Surpassing 70k, then steadily trading between 70k - 80k range is good enough.

There is a rumor about Tether every year and it has become so boring that I think people don't believe it anymore. But surprisingly, after the Fud was announced, the bitcoin price still dropped to $65,500 and quickly recovered afterward. This makes me think that the market is more manipulated than we think.

What makes me less optimistic is the uncertainty about the world situation. Hours after the Tether news, news of Israel's retaliation against Iran further roiled the market and caused even greater concern. With what is going on, I am not really optimistic about bitcoin's strong growth this year, things will get worse if the war becomes more fierce.

If we expect a bull run for bitcoin this year, the only hope we can hope for is the US election. If Trump wins, I think that will make the market forget about the war for a while.

[fulcare]

A WSJ report on a US probe into Tether triggered Bitcoin prices to dump. But, after Tether CEO denies WSJ's report, the price is slowly recovering. And imagine if WSJ's report were true, the bullish trend may be delayed for the next year.

That's why i don't have a very high expectation for BTC to break a very high price coz there will always be a pullback. Surpassing 70k, then steadily trading between 70k - 80k range is good enough.

There is a rumor about Tether every year and it has become so boring that I think people don't believe it anymore. But surprisingly, after the Fud was announced, the bitcoin price still dropped to $65,500 and quickly recovered afterward. This makes me think that the market is more manipulated than we think.

What makes me less optimistic is the uncertainty about the world situation. Hours after the Tether news, news of Israel's retaliation against Iran further roiled the market and caused even greater concern. With what is going on, I am not really optimistic about bitcoin's strong growth this year, things will get worse if the war becomes more fierce.

If we expect a bull run for bitcoin this year, the only hope we can hope for is the US election. If Trump wins, I think that will make the market forget about the war for a while.

It is beyond doubt manipulated, but I think that manipulation maybe lower these days than they used to be as single players in the market have less weight and therefore less impact. Unless there is a very high level of collusion going on, it is far more risky these days to try some shenanigans as you never fully know what the market will do next. Assuming that someone wants to crash the market, what could that be good for other than harming their own portfolio or risking that the market rebounds much quicker than expected and the person dumping would have to buy back at a higher price?

I know that OP is a little older, but predicting what Bitcoin will do within a particular year isn't expedient at all I think. It can be fun, but that's it. Rather focus on what Bitcoin will do in the long run. Having an eye on what it is doing in the present is good because it keeps you in the loop, but giving weekly estimates as to where the price will be on a Sunday, meh.

[As-Soon-As]

It is uncertain where the price of Bitcoin will go in the future and how much it will touch, so far no one can predict how much the price of Bitcoin will touch to the dollar. But it will change the price of Bitcoin over time, and if you look at the history since 2010, you can certainly understand the upward trend Bitcoin has come from there to today. Although it has dipped from time to time, it has created investment opportunities for investors, investing in Bitcoin requires long-term accumulation. Because you notice the times in the past where there was a Bitcoin deposit like Pipilika and until now it ran up to 73k dollars even though the current price is 68k dollars. 

So after every bull run Bitcoin price has peaked so this opportunity is present in 2024. Because we are currently right in the pre-bull market period so it will depend and Bitcoin price is very likely to touch around 150k dollars.