Do you think it's possible for Bitcoin to reach a price of $288K?

[Google+]

Damnnn, that means Cointelegraph is overestimating the price inflation of Bitcoin.
It seems that Cointelegrah is a media that is not trusted enough to see and read about Bitcoin information.

Cointelegraph may be caught as one of the sites that tries to spread news that can scare those who understand Bitcoin price movements, but until now, when I want to know news about Bitcoin that is quite accurate, I usually see it in Bitcoin Magazine or Coindesk, so when there is bad news is circulating, so I will first confirm whether it is true because as a trader you must be able to control your emotions so that you are not easily influenced by bad news that tries to attack the psychology of traders so that they panic and sell at cheap prices.

[Aanuoluwatofunmi]

With bitcoin, anything is possible, we can afford to get to the height of $100,000 and even to more than $200,000 after this halving, all we needed is to always and consistently follow up with the way the bitcoin market is moving, set a target and have the capacity to hold enough before each halving session, the bitcoin market worth is increasing each day and people are still investing the more in it, we cant just afford to miss out.

[Tribalchief]

Are you of the opinion that Bitcoin will reach its projected price point or do you think it will fall short of the target?

I clearly don't see any reason to start making huge predictions or guesses about the price of Bitcoin in the upcoming halving, as the price of Bitcoin will likely continue to grow. $288K is kind of too massive for the upcoming halving, but it is never impossible due to how uncertain the market can be. Regardless of the impending Bitcoin halving, Bitcoin will likely hit the $288K price sooner or later. It's only a matter of time.

A $70K price is very possible, considering the recent price movements of Bitcoin after the approval of the spot Bitcoin ETF. Anticipation, adoption, purchases, rumors, news, etc., are all factors that certainly contribute to Bitcoin's price momentum.

[Crypto Library]

Actually the same word will be repeated again that I and many of us believe that bitcoin will obviously cross million one day. But the thing is we can't ensure that when it will happen because no one can guarantee that about that how will be price of bitcoin in future. But if we look at the current condition all over the world only around 20% people is known about Crypto currency and their must be more lower percent people are adopted so I think the biggest population are left to know about cryptocurrency . Imagine more and more people will know the Bitcoin and they also by the Bitcoin then how will be the price of Bitcoin.

[alltalk]

I think most of us will agree that $288K is a too high target for Bitcoin ATH in this bullrun season. There is no way that Bitcoin price will increase suddenly from $50k to $288K in few months only. Even some predictions that stated Bitcoin to reach $150K, I think it is already a big target. However, it still makes sense if Bitcoin can be above $60k before Bitcoin halving. If this really happens, I am sure Bitcoin will be above $100K in the next year.

[doc]

I think most of us will agree that $288K is a too high target for Bitcoin ATH in this bullrun season. There is no way that Bitcoin price will increase suddenly from $50k to $288K in few months only. Even some predictions that stated Bitcoin to reach $150K, I think it is already a big target. However, it still makes sense if Bitcoin can be above $60k before Bitcoin halving. If this really happens, I am sure Bitcoin will be above $100K in the next year.

If Bitcoin is predicted to reach ATH at 150K, this is a reasonable number. Because currently the current Bitcoin price is $51K, before the halving it had already reached a high figure. keep holding your bitcoin and wait until it hits the new ATH.

[Wiseman]

If Bitcoin is predicted to reach ATH at 150K, this is a reasonable number. Because currently the current Bitcoin price is $51K, before the halving it had already reached a high figure. keep holding your bitcoin and wait until it hits the new ATH.

This is a completely optimistic figure and I also think that within a year we will see Bitcoin at 150,000, I think that now is a good time to start thinking about purchasing cryptocurrency and including Bitcoin, the main thing is to distribute the money so that you do not want to take it from there during at least one year.

[bayu7adi]

The Bitcoin halving is set to take place in 2024, and many in our community are eagerly anticipating this event. Recently, the price of Bitcoin has spiked, reaching $50,000 in December 2021. I have come across several articles predicting that the price of Bitcoin will reach $288,000 by December 2024.

Are you of the opinion that Bitcoin will reach its projected price point or do you think it will fall short of the target?

It could happen, but not for this year. 288k, in my opinion, is still too high for Bitcoin, and it's too fast if the target is December of this year. According to various calculations done by different sources, this bull run will indeed form a new ATH, but the percentage increase won't be that crazy. In fact, I'd agree more if the price doesn't surpass the 200k level by the end of this year.

Realistically, I'll keep an eye on the Bitcoin price, and if it manages to pass 80k, I'll start taking action to sell some at that level and wait for the 100k mark. There's no intention to be greedy this time, as I've had a bad experience trying to push my luck a few years back.

[legend45]

Realistically, I'll keep an eye on the Bitcoin price, and if it manages to pass 80k, I'll start taking action to sell some at that level and wait for the 100k mark. There's no intention to be greedy this time, as I've had a bad experience trying to push my luck a few years back.

If you sell bitcoin at $80K, that's a good move.  Because many people have plans to sell bitcoin at a price of more than $ 100K.  I myself set the selling target at $ 150K.  Looking at the current price movement of bitcoin which has touched $63K, it is possible that $80K will be reached next month.  Bitcoin still has a long way to go to reach the new ATH. I'm also realistic

[Thyplaymaker]

The rates bitcoin is moving is actually amazing. Bitcoin may create a new ATH soon, but don't forget bitcoin halving is in corner. But if bitcoin in any chances hit $100k+ before the upcoming halvings, and after the halving bitcoin would surge higher in price which may endup beatijg our expectations.

[Gurujebs]

The rates bitcoin is moving is actually amazing. Bitcoin may create a new ATH soon, but don't forget bitcoin halving is in corner. But if bitcoin in any chances hit $100k+ before the upcoming halvings, and after the halving bitcoin would surge higher in price which may endup beatijg our expectations.

I'm beginning to change my status of impossible to possible. I'm surprised with the speed at which Bitcoin is going up and it's not even looking back and we are not even in halving yet, how is the price going to react when the halving is some weeks, probably we will see another crazy run that will blast off and take another run to all time high because we are almost touching the previous all time high.

I want to believe this time, the bitcoin price is going to stay up and crash like the u predicaments that we saw last year from different altcoins growth that later collapse. If Bitcoin really close one day above $100k is going to be shocking.