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Author Topic: What are your expectations for bitcoin in the second quarter of 2024?  (Read 1472 times)

Offline Jating

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I think the price of BTC will improve after experiencing a correction, and hopes of reaching 90k$ up will flare up,
Yes, maybe we will see close to $90k in the second quarter, wouldn't be surprised if it cross 6 digits.
For our events, no one knows in the future because there will always be many surprises in cryptocurrency
And since this is a bull run year or at least the catalyst is going to happen, which is the halving, there are many things that could happen that will really surprised. One thing to mentioned is that we already established new all time high already before the halving itself at 73k$ and so we might see the price going above that price in the second quarter or even more. So as we say, exciting times ahead after the block halving.

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Instead of going ahead the price of bitcoin is going down but for believers it is not a new thing therefore once halving take place the price of bitcoin will smoothly go up but this dip is because of correction.
I would not say that BTC price is 'going down' right now, nobody expected it to set a new all time high before the halving, but it did because of the spot etf approval in the u.s.. Now what BTC price is experiencing is just a correction in price, which is normal and when the halving happens, the price will go as high as ~ $100k or even more.
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With all that Bitcoin has achieved so far, I want to know your expectations for bitcoin as we step into the second quarter of the year in just few hours from now?

Sincerely, I don't even know what to expect anymore because of recent activities that have occurred. With the approval of the Bitcoin ETFs, we expected an instant pump, which didn't come as early as we had thought in January. Luckily, we began to notice some growth around late February if I remember correctly. The effect of the ETFs' approval was so effective that it created more awareness and led to the breaking of the previous ATH, setting a new ATH record of about $73.8K. From records, having an ATH before halving isn't something we are quite familiar with, which makes the activities after halving quite unpredictable for me, though we might start noticing a downtrend anytime sooner before the halving.

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What is your prediction in terms of bitcoin price?

I can't make any definitive predictions right now, but if we continue in an uptrend after the halving, then we should be hovering around $61-68K for a while. However, if we were to enter a downtrend, then we might drop down to values between $50-59K. As I mentioned, nothing is certain.

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Aside the halving, are there any other events coming up in the second quarter of this year that could or has the potentials to aid bitcoin's continual growth; that you know of? Please share with us..

The crypto space is full of surprises. Unexpected events might arise at any point in time, leading to either positive or negative effects. Whichever it may be, we have to be prepared.
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My first expectation is in seeing the market getting to a new all time highs, just as we are still in the vibes of the bullrul, i anticipate in seeing a new all time high, also, i wish to see that there is also an increase in the adoption of bitcoin because this will as well allow many to get into the use of bitcoin in their financial economy and by engaging on such, the value in it will increase and there is going to be more widen opportunities with bitcoin investment.

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I think the price of BTC will improve after experiencing a correction, and hopes of reaching 90k$ up will flare up,
For our events, no one knows in the future because there will always be many surprises in cryptocurrency
I agree given that we are on a countdown for the halving event anything can happen anytime soon so let's just prepare because we don't know if it goes up or down. But for $90k price I am pretty bullish on that even BTC reaching $100k+ is very positive on my perspective.

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What is your prediction in terms of bitcoin price? Aside the halving, are there any other events coming up in the second quarter of this year that could or has the potentials to aid bitcoin's continual growth; that you know of? Please share with us..
There is no other event I know of if not the halving and the majority of us are looking up to that since it is believed that after the halving comes the bull run in months to come. And between those months, a correlation will happen to shake off the weak hands out of crypto space. For those who have the funds and know the potential of bitcoin will love to accumulate bitcoin at a discount price and hodl it until their dream price come to fulfilment either this year or not year.

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I agree given that we are on a countdown for the halving event anything can happen anytime soon so let's just prepare because we don't know if it goes up or down.
The price will be always rising or declining. Since we are almost in the day of halving, I guess the price should try to increase a lot. The hype of Bitcoin halving ideally triggers the raise of Bitcoin and altcoins prices. But I don't know why it dropped quite a lot, it seems just trying to rise up again.

But for $90k price I am pretty bullish on that even BTC reaching $100k+ is very positive on my perspective.
When it will be $90k or $100k? D0 you mean in the next Bitcoin halving?
I doubt if it can be above $90k in the next halving. I just assume the price only around $80k - $85k for the highest price.

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What is your prediction in terms of bitcoin price?
Aside the halving, are there any other events coming up in the second quarter of this year that could or has the potentials to aid bitcoin's continual growth; that you know of? Please share with us..
We went through a very good first quarter and all time high.  It is very difficult to predict how well we can go in the second quarter.  We dived into dumping from the beginning of the second quarter so we cannot go through anything good in the second quarter.  As we still have three months we may have to go through the dumping because the market will be dumping after the bitcoin halving in the second quarter and if the market is after the halving and if it is in the second quarter it could be a few months.  So in the second quarter the bitcoin market will be between $60k to $70k and maybe even $50k.

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Setting new record of hitting a new all time high even before it's halving which is a few weeks away in the month of April.
unforgettable moment that we have in march 2024 , the first time that we set ATH before halving happens.

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With all that Bitcoin has achieved so far, I want to know your expectations for bitcoin as we step into the second quarter of the year in just few hours from now?
it falls mate, sadly starts to drop at 65k again and harder to reach 67k again.

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What is your prediction in terms of bitcoin price?
Aside the halving, are there any other events coming up in the second quarter of this year that could or has the potentials to aid bitcoin's continual growth; that you know of? Please share with us..
this second quarter surely the most colorful because we can see that halving will happen and the next 2 months after April is the most valuable moment here.

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Setting new record of hitting a new all time high even before it's halving which is a few weeks away in the month of April.
unforgettable moment that we have in march 2024 , the first time that we set ATH before halving happens.
Making History, and it also surprised me, it was the moment when Bitcoin's rise seemed to be faster.
This is due to the large number of buyers who began to enter, and many new investors and even agencies also began to enter.

Bitcoin's dominance is getting stronger and added to the gradual rise of altcoins.
We've already entered a bull market and are getting ready to fly further.

$100k will still be achieved in the near future, I am very optimistic to wait for the ATH $100k++.
While waiting I started buying again gradually at a lower price.

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With all that Bitcoin has achieved so far, I want to know your expectations for bitcoin as we step into the second quarter of the year in just few hours from now?
The range will be at May - August. This is right after the Bitcoin halving to  be done. Commonly, the market will face declining at first, probably it will be much bigger decline. But, this will not last long. After Bitcoin halving, commonly, the news about Bitcoin will be more interesting, make certain progress, and also many positive trends will be surrounding. That is why, many people will predict that the price will keep rising up in the second quarter of this year.

Although this will be probably not really much in rising up, but, it will really influence how the market will be going on.
Bitcoin halving is still several days remining. And the prediction about the prices will be, are really various.
See some interesting information right here:, one of them.
Link:
https://the Url is blocked due to spam #Cpspam/news/bitcoin-halving-prediction-april-2024-heres-what-to-expect/

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The second quarter of this year is going to be an important one for Bitcoin because bitcoin halving will start this quarter. Although Bitcoin halving doesn't show much difference in price as soon as Bitcoin halving starts, it takes about a year to have full effect. And that's why I definitely don't expect Bitcoin to go skyrocketing this second quarter. I think we can see a positive impact on the price of Bitcoin but it will probably stay around 80k. Although Bitcoin has so far broken all its records and crossed its all time high price before the halving start.

Online Dr.Bitcoin_Strange

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We don't confirm that one event is the only cause of bitcoin price volatility. Aside from the Bitcoin halving, other events could just suddenly come up and contribute to the price surge or dip of Bitcoin. Some institutional investors could decide to buy a huge sum of Bitcoin at once, and that can cause the price to spike, or some whales can also decide to dump a huge sum of Bitcoin, and that can cause the price to dip. We cannot for sure predict the event that will come up, but no matter what happens, let's stick to our strategy of DCAing, using every opportunity we have to buy the dip and hold. Also, set some price targets to sell at so that when the price spikes, an investor will not get confused about what price to sell at or not.

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What is your prediction in terms of bitcoin price?
Aside the halving, are there any other events coming up in the second quarter of this year that could or has the potentials to aid bitcoin's continual growth; that you know of? Please share with us..
I can say that until this moment before few days from the halving event, things are looking positive and the chart is healthy, as long as we don’t see any negative news, beside more businesses and major companies adopting Bitcoin as a main or part of their payment methods, We are looking for 90k level before the end of this year.
I prefer to see a slow momentum growth rather than a very quick growth which most of the time lead to bigger losses in price very quickly, whales and greedy people are looking into halving as a short term investment only, so let’s hope we don’t see that scenario where everyone sells after some profit.

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Offline DaNNy001

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I think the price of BTC will improve after experiencing a correction, and hopes of reaching 90k$ up will flare up,
For our events, no one knows in the future because there will always be many surprises in cryptocurrency
I think everyone is expecting the actual price to pump up abit, and this thought is also tied up with the fact that the halving month is already here and we know from pst records of the price movement that after the halving, the price normally goes up abit and I know so many investors are eagerly waiting on this to actually come through, maybe the price to be at $100k or even more although I don't know if this movement can change but for the main time, it has always found a way to get the victory.

 

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