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Author Topic: BTC Prediction - $100k or Below $20k?  (Read 8307 times)

Offline Learn Bitcoin

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Re: BTC Prediction - $100k or Below $20k?
« Reply #105 on: May 23, 2024, 04:07:07 PM »
I agree. $150k or more is definitely possible, especially because this halving year is different from prior halving years. It generates new ATH prior to halving, as opposed to its previous movements, which occurred after halving. As a result, we learn that small and large investors in this market are expecting the price to do the same as in the past. They are accumulating Bitcoin before the halving because they believe the price will skyrocket. If we look at its previous halving in May 2020, the price generates new ATH and jumps by $600%, how much more in this halving year.

The next 18 months will be crucial for the Bitcoin holders. Either we will see a massive bull run coming up with is 90% guaranteed, or we may have to wait a little more. One of the reason is, the government is positive with the cryptocurrency at this moment. It's been a couple years the companies tried to pass ETF approvals, but the SEC was always declining. But, this is the year ETF was approved and I am positive about it.

The next step is ETH ETF approval and it seems the SEC is positive about it as well. If SEC approves ETH ETF, then we will enter to the bullrun for a while and I guess most of the OG people make a lot of money. Just HODL.
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Re: BTC Prediction - $100k or Below $20k?
« Reply #105 on: May 23, 2024, 04:07:07 PM »

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Offline Aanuoluwatofunmi

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Re: BTC Prediction - $100k or Below $20k?
« Reply #106 on: May 23, 2024, 10:41:06 PM »
With where we are currently and from the way of the market recent performance, there is no likely possibility for dip market for now, all we could have is with the experience on the sustainability of the bull market all through, and if we are going dip, that may not have to be something coming sooner, instead, we are going to have it more bullish and little bearish till we are done with the season.

Offline UNIVERSE

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Re: BTC Prediction - $100k or Below $20k?
« Reply #107 on: May 24, 2024, 10:22:22 AM »
The halving is not the only thing that contributed to the bitcoin price pump or rise; the possibility of the bitcoin price going up also plays an important role in that aspect.
 
The Bitcoin price even dropped immediately after the Bitcoin ETF approval, as if it were the perfect selling point for those who bought earlier. Whatever might be triggering the price, what I know is that before the 2nd quarter of 2025, Bitcoin will be worth $100,000 and above.
Of course, halving is only one of the factors that trigger the increase of Bitcoin price in the bullish season. News also can influence the trend of Bitcoin, it also can trigger the price decreasing or increasing. The news can make the demand higher or lower, it should bring impact on the price.

ETF issue is one of the example of the news impact. After Bitcoin ETF was accepted, it was not difficult for Bitcoin to create a new ATH. If we have no ETF news/issue, I think we may not reach the new ATH now. Ideally, the new ATH will be achieved in the second year of the bullish season, but it was achieved before the halving in this season.


Offline koang

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Re: BTC Prediction - $100k or Below $20k?
« Reply #108 on: May 24, 2024, 03:39:06 PM »
With where we are currently and from the way of the market recent performance, there is no likely possibility for dip market for now, all we could have is with the experience on the sustainability of the bull market all through, and if we are going dip, that may not have to be something coming sooner, instead, we are going to have it more bullish and little bearish till we are done with the season.

The most gains realized on Bitcoin always come after the halving, and the scarcity is starting to show its effects with rising demand and decreasing supply.
But we should not get caught up in fiat standards when looking at the price of Bitcoin, the price is a barrier for people who are getting in late and want to own the whole Bitcoin.
Bitcoin is still earlier than most people think, and Bitcoin is a store of value.
Holding money in BTC will more better than cash savings.

Offline taufik123

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Re: BTC Prediction - $100k or Below $20k?
« Reply #109 on: May 25, 2024, 08:04:19 PM »
-snip-
Bitcoin is still earlier than most people think, and Bitcoin is a store of value.
Holding money in BTC will more better than cash savings.
It could always be best or depending on how people respond to it.
Bitcoin will provide price fluctuations that will affect its value, but in the long run Bitcoin will indeed provide tremendous profits.

Moreover, if ATH can reach $100k++, it will be an extraordinary ATH in Bitcoin history.
Just need a little patience to reach, I also waited for ATH above $100k and that is the main target, even most people will wait for that price.

Offline Rubel007

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Re: BTC Prediction - $100k or Below $20k?
« Reply #110 on: May 26, 2024, 06:55:54 AM »
With where we are currently and from the way of the market recent performance, there is no likely possibility for dip market for now, all we could have is with the experience on the sustainability of the bull market all through, and if we are going dip, that may not have to be something coming sooner, instead, we are going to have it more bullish and little bearish till we are done with the season.
The market position is unlikely to go much deeper at the moment. Moreover, we are in a bullish trend. Soon we will see another Bitcoin rally. Although we cannot give 100% assurance about this, the overall situation of the market indicates so. Bitcoin is in a reliable position while we are aware of the Ether ETF approval. This sign will definitely help the market to be more bullish. Bitcoin will get dip but we should not expect a dip which is impossible. Expecting Bitcoin price below 20k is nothing but foolish.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #111 on: May 29, 2024, 11:57:00 PM »
The market position is unlikely to go much deeper at the moment. Moreover, we are in a bullish trend. Soon we will see another Bitcoin rally. Although we cannot give 100% assurance about this, the overall situation of the market indicates so. Bitcoin is in a reliable position while we are aware of the Ether ETF approval. This sign will definitely help the market to be more bullish. Bitcoin will get dip but we should not expect a dip which is impossible. Expecting Bitcoin price below 20k is nothing but foolish.
It can go deeper, means there is a possibility of a decrease in price.
But to drop to $20k, it is surely something impossible. No way that the Bitcoin to drop again to $20k.

Bitcoin already increased to $71k in the last few days. But it drops again like usual, the price should have a correction before the next jump. I think it is normal, we don't need to think about it too much. Sure, after the news of Ethereum ETF approved, Bitcoin price increases again. With the good news, $100k looks possible to be achieved.


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Re: BTC Prediction - $100k or Below $20k?
« Reply #111 on: May 29, 2024, 11:57:00 PM »


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Re: BTC Prediction - $100k or Below $20k?
« Reply #112 on: May 30, 2024, 04:11:23 AM »
It can go deeper, means there is a possibility of a decrease in price.
But to drop to $20k, it is surely something impossible. No way that the Bitcoin to drop again to $20k.

Bitcoin already increased to $71k in the last few days. But it drops again like usual, the price should have a correction before the next jump. I think it is normal, we don't need to think about it too much. Sure, after the news of Ethereum ETF approved, Bitcoin price increases again. With the good news, $100k looks possible to be achieved.
Since last two years bitcoin dropping under $20k and right now success break out new ATH its impossible has second opportunity for bitcoin dropping below $20k again. Seems impossible for bitcoin how decreasing more than 60% raise under $20k behind many people or investor keep holding their bitcoin for expecting will raise above $100k.
Ethereum ETF approval make bitcoin more strong and get trusted from many investor for the future will increase more higher price, its lucky for investor brave buy back when bitcoin decreasing under $20k last two years ago and right now earn much profitable above 200% more.

Offline SmartGold01

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Re: BTC Prediction - $100k or Below $20k?
« Reply #113 on: May 30, 2024, 02:23:45 PM »
The market position is unlikely to go much deeper at the moment. Moreover, we are in a bullish trend. Soon we will see another Bitcoin rally. Although we cannot give 100% assurance about this, the overall situation of the market indicates so. Bitcoin is in a reliable position while we are aware of the Ether ETF approval. This sign will definitely help the market to be more bullish. Bitcoin will get dip but we should not expect a dip which is impossible. Expecting Bitcoin price below 20k is nothing but foolish.
It can go deeper, means there is a possibility of a decrease in price.
But to drop to $20k, it is surely something impossible. No way that the Bitcoin to drop again to $20k.

Bitcoin already increased to $71k in the last few days. But it drops again like usual, the price should have a correction before the next jump. I think it is normal, we don't need to think about it too much. Sure, after the news of Ethereum ETF approved, Bitcoin price increases again. With the good news, $100k looks possible to be achieved.
This is to show that bitcoin price are always being moved by positive news and the price can't be stable or being stationed in a particular price level.
When investing in bitcoin we should know that it's a long time project couples with the 4 years cycling movement which we should know as an investor that there is every possibility that the price gonna change anytime any moment vice versa.

Offline UNIVERSE

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Re: BTC Prediction - $100k or Below $20k?
« Reply #114 on: May 30, 2024, 03:27:14 PM »
Since last two years bitcoin dropping under $20k and right now success break out new ATH its impossible has second opportunity for bitcoin dropping below $20k again. Seems impossible for bitcoin how decreasing more than 60% raise under $20k behind many people or investor keep holding their bitcoin for expecting will raise above $100k.
I didn't say it is impossible to drop under $20k again. But it is unlikely to happen in the near future, specifically during the bullish season. We all know that Bitcoin will tend to keep growing its price during the bullish season. It even usually creates a new ATH, and it already happened in this year. But if we consider the history of the previous cycles, the peak should be in the second year of bullish season.

Ethereum ETF approval make bitcoin more strong and get trusted from many investor for the future will increase more higher price, its lucky for investor brave buy back when bitcoin decreasing under $20k last two years ago and right now earn much profitable above 200% more.
Unfortunately, the news only brings temporary impact on the price movement. Few days ago, the price of Bitcoin can be above $71k but it dropped again to $67k. If it is the only impact on the price, it won't have a big influence for the long run. Sure, people who bought Bitcoin below $20k must have big profits now. But I guess they keep holding until Bitcoin hits $100k.

This is to show that bitcoin price are always being moved by positive news and the price can't be stable or being stationed in a particular price level.
Bitcoin price possibly moves by bad or good news. However, it is probably temporary movement. No, the price of Bitcoin will never be stable, Bitcoin price will always fluctuate. It is the nature of Bitcoin, so it is impossible that Bitcoin price will be stable.

When investing in bitcoin we should know that it's a long time project couples with the 4 years cycling movement which we should know as an investor that there is every possibility that the price gonna change anytime any moment vice versa.
Most people who understand the cycle, they should invest for 3-4 years at least. They know 1 cycle to take 4 years, the price will hit a new ATH in the next 4 years. So, people probably adjust their target with the cycle. People must analyze the pattern of the price increase from the previous cycles.


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Re: BTC Prediction - $100k or Below $20k?
« Reply #115 on: May 30, 2024, 07:47:57 PM »
This is to show that bitcoin price are always being moved by positive news and the price can't be stable or being stationed in a particular price level.
Bitcoin price possibly moves by bad or good news. However, it is probably temporary movement. No, the price of Bitcoin will never be stable, Bitcoin price will always fluctuate. It is the nature of Bitcoin, so it is impossible that Bitcoin price will be stable.

When investing in bitcoin we should know that it's a long time project couples with the 4 years cycling movement which we should know as an investor that there is every possibility that the price gonna change anytime any moment vice versa.
Most people who understand the cycle, they should invest for 3-4 years at least. They know 1 cycle to take 4 years, the price will hit a new ATH in the next 4 years. So, people probably adjust their target with the cycle. People must analyze the pattern of the price increase from the previous cycles.
Yes you are correct one circle or above is better to make investment for long time profitability, those who invest for just one circle can never really enjoyed the potential increase of the market rather just little changes. As Matter of fact holding for decades could be the best thing to do if the investor is not in a haste to sell of their investment, since most people are easily being thrilled by the little changes in the market.

Offline dekafee79

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Re: BTC Prediction - $100k or Below $20k?
« Reply #116 on: May 31, 2024, 06:05:42 AM »
This is to show that bitcoin price are always being moved by positive news and the price can't be stable or being stationed in a particular price level.
Bitcoin price possibly moves by bad or good news. However, it is probably temporary movement. No, the price of Bitcoin will never be stable, Bitcoin price will always fluctuate. It is the nature of Bitcoin, so it is impossible that Bitcoin price will be stable.

When investing in bitcoin we should know that it's a long time project couples with the 4 years cycling movement which we should know as an investor that there is every possibility that the price gonna change anytime any moment vice versa.
Most people who understand the cycle, they should invest for 3-4 years at least. They know 1 cycle to take 4 years, the price will hit a new ATH in the next 4 years. So, people probably adjust their target with the cycle. People must analyze the pattern of the price increase from the previous cycles.
Yes you are correct one circle or above is better to make investment for long time profitability, those who invest for just one circle can never really enjoyed the potential increase of the market rather just little changes. As Matter of fact holding for decades could be the best thing to do if the investor is not in a haste to sell of their investment, since most people are easily being thrilled by the little changes in the market.
All depends on the expertise of every investor, if they just want to hold we can follow the 4-year cycle, buying when bearish and hold waiting for Bullish Season. But if you want to enjoy the movement of the market, the market can choose the trading method for the Short and Medium Term. It can also be done if it has a lot of time to monitor the market.

 

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