BTC Prediction - $100k or Below $20k?

[Uzairmoti11]

If we look at current price of Bitcoin today it has reached almost $42k dollr and just a few days ago it price was around about $37k. There has been a big pump and we all know reason behind this could be upcoming Bitcoin halving scheduled for next year. Predictions are being made that Bitcoin's price might reach an all time high of around $65k or even higher. The journey towards this seems to have already begun as evidenced by recent investments such as MicroStrategy investing almost $590 million in Bitcoin acquiring around 16k bitcoins when the price was around $37k to $38k

[umeridrees]

If we look at current price of Bitcoin today it has reached almost $42k dollr and just a few days ago it price was around about $37k. There has been a big pump and we all know reason behind this could be upcoming Bitcoin halving scheduled for next year. Predictions are being made that Bitcoin's price might reach an all time high of around $65k or even higher. The journey towards this seems to have already begun as evidenced by recent investments such as MicroStrategy investing almost $590 million in Bitcoin acquiring around 16k bitcoins when the price was around $37k to $38k

Look like we have a bull run pretty early this time.

The bitcoin price is constantly rising, without getting a correction. This indicates that we are due for a correction.

[bubbalex]

Bitcoin price is rising for quite a long time day by day, greed is always there to wait in hopes for even bigger price, but it's up already for more than 150% this year, so it will be more safe to fix some profit rather than invest more. Also halving is only in April, so waiting for it is risky. Although I still hold some BTC for now, while tracking the price carefully to fix if I see downtrend.

[NikeFit_7777]

At the moment, btc 44k, no black swans without black swans. In my opinion, we should dip below 30k before halving, from where the whole segment will start to fully grow. (And the price will reach 60k+).

[ajiz138]

Bitcoin price is rising for quite a long time day by day, greed is always there to wait in hopes for even bigger price, but it's up already for more than 150% this year, so it will be more safe to fix some profit rather than invest more. Also halving is only in April, so waiting for it is risky. Although I still hold some BTC for now, while tracking the price carefully to fix if I see downtrend.

I don't think there's any harm in buying it now, right? This is still half the price of the previous ATH so anyone who wants to start investing now there is still hope for them to make a profit rather than seeing the price continue to rise.

It's better to use the DCA strategy to grow your investment, even though you already have bitcoin in your wallet, it's not yet time to take profits because the halving hasn't happened yet, so the price could be higher than now.

[Decora50]

The current Bitcoin price is $43,190 dollar. A few days ago the price of Bitcoin was very low. In the month of October, the price of Bitcoin was 25 thousand. But in the current December, Bitcoin price touched up to 44k dollars. The price of Bitcoin has almost doubled in just two months.

[Peter90]

Record Bitcoin Call Volumes Target $50,000 By January


An increase in open interest signals higher liquidity and more market participants.





What's just as notable, is that the majority of the options traded in the past 24 hours have been calls, with a breakdown of 60% calls and only 40% puts.

It's not just the most recent option trades that are bullishly biased: when The Block examined the most notable monthly options expiry on Jan. 26, 2024, the majority of options were calls. Among these call options, those with the highest trading volume in the past 24 hours have a strike price of $50,000, according to Velo Data.

This suggests that traders increasingly expect bitcoin to hit $50,000 - a level last reached in December 2021 - by January, when many market observers expect the SEC to finally allow exchange-traded funds to directly hold the cryptocurrency.

[compromise me]

While many investors, including me, are waiting for 100k, bitcoin is trying to go down to 20k. He saw 45.7k again for the fifth time today. I hope this will be the last time and this time it goes towards the 52k range with the power it gets from here. This is necessary for the market to rise.

Everyone is expected Bitcoin price going 100 k but It is difficult to forecast when the price of Bitcoin will fluctuate because so many different factors can affect the market. You should keep an eye on the state of the cryptocurrency market as a whole as well as on developments in regulations global economic conditions and market trends. It might be challenging to forecast precise pricing point therefore it's critical to keep educated and base decisions on thorough research.

[Thyplaymaker]

No one can truly tell the exact price Bitcoin will hit, as @compromise me as already said many factors can affect the rise of Bitcoin, but most people still believe there's a chance that Bitcoin new ATH may be in the range of $100k and lately alot of people have being buying n holding Btc since the recent bullish it may be certain that Bitcoin may undergo a deep but I don't think it will be around the range of $20k again but might be around the price range of $35k that may be during the upcoming halving before the main bullish.

[KingsDen]

So What do you guys think? BTC will cross the $60k barrier and push the whole market to reach a new height or It will just be dumped again like it was in 2017/2018.

No!
I can confidently say that bitcoin has grown and matured pass the level it will repeat the drama of 2017. No matter the FUD, no matter the degree of negative fundamentals in the society,. bitcoin cannot crash to value below $1,000. I have my reasons. If you understand that cryptocurrency market cap has increased much and only bitcoin consistent upto 50%, you will understand that the industry cannot be easily manipulated again.

No one can truly tell the exact price Bitcoin will hit, as @compromise me as already said many factors can affect the rise of Bitcoin, but most people still believe there's a chance that Bitcoin new ATH may be in the range of $100k and lately alot of people have being buying n holding Btc since the recent bullish it may be certain that Bitcoin may undergo a deep but I don't think it will be around the range of $20k again but might be around the price range of $35k that may be during the upcoming halving before the main bullish.

The current window of bitcoin is opened from $15k to $45k and we have been in this window for so long. Another will open which is the bull run window and of is estimated to be max $173k. This figure is achievable, but my fear is, will the sell pressure at a new ATH $70, allow bitcoin reach $100k?

[Spyroo]

No one can predict exactly where the price of Bitcoin will reach.We see that the price of Bitcoin changes constantly over time, sometimes the price of Bitcoin goes down and at other times the price of Bitcoin goes up.I have seen the price of Bitcoin as high as $55,000, maybe in the future the price of this coin will increase even more.Bitcoin price is currently slightly above $43000.

[Fenix]

At the moment, btc 44k, no black swans without black swans. In my opinion, we should dip below 30k before halving, from where the whole segment will start to fully grow. (And the price will reach 60k+).

Apparently this will happen. I also expect that during the upcoming Christmas and New Year holidays, or immediately after them, we will see a decent price correction in this market. Before the halving, in any case, the whales will cause the market to fall in order to buy up before the big growth. I want to buy Ethereum and am expecting a price correction. I hope I'm not wrong.

[MrSpasybo]

It's interesting to read the topics discussing the future price of BTC. Currently, when we look back at the past, we know that "future" ^^

So from $69K, BTC could not reach $100K as expected by many experts in super-cycle. Instead, BTC fell below $20K, the peak of 2016 cycle, and created a historical surprise. At that time, many people also assumed that BTC would retest $13K or worse, $8K, but BTC only reached $15.5K and then recovered to the present ~ $45K.

The market often fluctuates somewhere between excessive optimism and excessive pessimism. In the 2024 cycle, I will wait for BTC to reach $100K.

[sampoerna]

The current Bitcoin price is $43,190 dollar. A few days ago the price of Bitcoin was very low. In the month of October, the price of Bitcoin was 25 thousand. But in the current December, Bitcoin price touched up to 44k dollars. The price of Bitcoin has almost doubled in just two months.

Yes, the current price of Bitcoin is around $42k-$43k. What day it is very low? I think the current price of Bitcoin will never be very low again. It should be above $40k, it never dropped again below $40k, right? Moreover, we have the schedule of ETF approval and BTC halving, this should help the price to increase more. The seems to return to $4k again and it will continue to increase again. Many experts stated that the price of Bitcoin will be above $45k at the end of this year or in the early of the new year.

[Cheema02]

If we look at current price of Bitcoin today it has reached almost $42k dollr and just a few days ago it price was around about $37k. There has been a big pump and we all know reason behind this could be upcoming Bitcoin halving scheduled for next year. Predictions are being made that Bitcoin's price might reach an all time high of around $65k or even higher. The journey towards this seems to have already begun as evidenced by recent investments such as MicroStrategy investing almost $590 million in Bitcoin acquiring around 16k bitcoins when the price was around $37k to $38k

I think here is a lot of hope that Bitcoin will surpass the $70k barrier and drive the market higher there is also a lot of uncertainty. Because previous forecasts have been so different there has been conjecture over the future of Bitcoin. As of right now forecasts suggest that if Bitcoin doesn't reach its earlier highs it might increase to the $45k to $50k region at start of new year.