We have seen the price of Bitcoin in 2021 at 69 thousand. That was the highest price increase in Bitcoin history. In between, the price of bitcoins gradually decreased to 15,000. From the current bullishness of the market we can say with certainty that the price of Bitcoin will turn into a bull market next year as the Bitcoin halving awaits. Then the value of Bitcoin will exceed 1 lakh dollars.With each subsequent halving, the price of Bitcoin significantly increases its previous price record for approximately eight months after this event. Since it was previously priced at approximately $69,000, this time I expect the price to be around one hundred thousand dollars. Many people are talking about one million dollars, but it is unlikely to be achievable next year. That goal may not even be this decade, if Bitcoin is ever able to reach that price.
I'm optimistic about Bitcoin's price surge, especially with the upcoming 'halving' event. Furthermore, Grayscale Investments' recent legal victory against the SEC boosts the potential for a Bitcoin ETF. Yet, these developments are delayed until January 2024. See more for yourself https://the Url is blocked due to spam #Cpspam/beginners-guide/what-is-bitcoin-halving/
I think it doesn't really matter whether the Bitcoin ETF is approved or not. What's crucial here are the price cycles of Bitcoin - in 2024, it should be worth at least 80-100 thousand dollars, as the halving will play its role.
And if the ETF gets approved, I don't even know what price to expect...but it will definitely be above 100 000 dollars, I guarantee.
Just buy Bitcoin and hold onto it. There's no need to pay attention to the news and sell during every FUD. Be smarter!
I like everything that is shown here, in fact the charts look very convincing, I don't know about you but I think that things here are due a lot to the fact that they can be more focused on doing things in technical analysis, I generally when I do technical analysis and I see that my position is in the long term, never in the short term, because it seems to me that volatility is something that is difficult to control to predict in this aspect I can say very well that when it comes to doing a better job In the technical analysis it is possible to start in the long term, over a period of months, there I can have a better perspective and go from the macro to the micro, I really like the speculation that PlanB has, despite the fact that many have said that It has been distorted. I am one of those who think that PlanB is the best model for describing the Bitcoin movement.I agree with what you said based on the momentum the crypto market always posed during the first of the year and the current selling decision of some Bitcoin miners with the inclusion of MtGox victim distribution funds that happened.
I think we are better to focus on the Bitcoin halving only and its impacts. Since it already happened in the previous bullrun seasons, I assume it will bring big impacts as well in the upcoming bullrun season.The ETF narrative has been published on the media for months, years even. I believe it will be difficult for the average joe to ignore that completely and focus on fundamentals like halving, which might impact how the market goes in the following days. If ETF is delayed/not approved, I'd not be surprised if the market shakes up more people before it goes parabolic again. At the end of the day, those big players will make the most profit out of this. Small traders should analyze and see the trend carefully unless they can take a more risky approach to bet on the future. CMIIW.
While many are assuming that the Halving effect will take place this year and looking for 100 thousand dollars and up price for Bitcoin yet remember that there is this 4 year cycle period in which will takes place in 2025 and not 2024 , meaning there is a certain percent to believe that this year will be functional but may not record the new ATH.We have seen the price of Bitcoin in 2021 at 69 thousand. That was the highest price increase in Bitcoin history. In between, the price of bitcoins gradually decreased to 15,000. From the current bullishness of the market we can say with certainty that the price of Bitcoin will turn into a bull market next year as the Bitcoin halving awaits. Then the value of Bitcoin will exceed 1 lakh dollars.With each subsequent halving, the price of Bitcoin significantly increases its previous price record for approximately eight months after this event. Since it was previously priced at approximately $69,000, this time I expect the price to be around one hundred thousand dollars. Many people are talking about one million dollars, but it is unlikely to be achievable next year. That goal may not even be this decade, if Bitcoin is ever able to reach that price.
Truth be told, I have high expectations for Bitcoin with its halving, the truth is that the ETF is very motivating because obviously the bears can turn out for the better in their movements, but whether they are approved or not, I firmly believe that bitcoin will have a new price and probably a new ATH, of course I am assuming all this considering that in the past Halving was the way that started the price of Bitcoin, which did not trigger any season of highs, only of pure bitcoin, then I have my hopes pinned there because many Things are changing, adoption is an issue, in fact many countries are extremely assertive that Bitcoin will revolutionize the financial system, so they are looking for regulatory policies.While many are assuming that the Halving effect will take place this year and looking for 100 thousand dollars and up price for Bitcoin yet remember that there is this 4 year cycle period in which will takes place in 2025 and not 2024 , meaning there is a certain percent to believe that this year will be functional but may not record the new ATH.We have seen the price of Bitcoin in 2021 at 69 thousand. That was the highest price increase in Bitcoin history. In between, the price of bitcoins gradually decreased to 15,000. From the current bullishness of the market we can say with certainty that the price of Bitcoin will turn into a bull market next year as the Bitcoin halving awaits. Then the value of Bitcoin will exceed 1 lakh dollars.With each subsequent halving, the price of Bitcoin significantly increases its previous price record for approximately eight months after this event. Since it was previously priced at approximately $69,000, this time I expect the price to be around one hundred thousand dollars. Many people are talking about one million dollars, but it is unlikely to be achievable next year. That goal may not even be this decade, if Bitcoin is ever able to reach that price.
by which i also tries to believe and may consider waiting not this year to sell out but in the next year.
though we all have our rights and belief so act accordingly to what you think will happen .
Truth be told, I have high expectations for Bitcoin with its halving, the truth is that the ETF is very motivating because obviously the bears can turn out for the better in their movements, but whether they are approved or not, I firmly believe that bitcoin will have a new price and probably a new ATH
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Yeah bitcoin has good movement at crypto market now. I agree with you, bitcoin will touch new ATH and I predict it will hit more $ 125K.The price of Bitcoin seems to be having difficulty reaching that high because so far the price of Bitcoin is still below $50k and looks like it will only reach a new ATH of $100k. Of course, people who will buy Bitcoin at such an expensive price will consider it several times more deeply because of the potential trapped in high prices.
After ETF approved we all see, the crypto market is green. It caused of bitcoin movement. Bitcoin will touch $ 50 K soon.
2023 Bitcoin market was very down but in 2023 end Bitcoin market started to rise. Since January 2024, the Bitcoin market has been on the rise, reaching the current 48k. We can expect the Bitcoin market to reach 60K- in 2024.Yeah bitcoin has good movement at crypto market now. I agree with you, bitcoin will touch new ATH and I predict it will hit more $ 125K.The price of Bitcoin seems to be having difficulty reaching that high because so far the price of Bitcoin is still below $50k and looks like it will only reach a new ATH of $100k. Of course, people who will buy Bitcoin at such an expensive price will consider it several times more deeply because of the potential trapped in high prices.
After ETF approved we all see, the crypto market is green. It caused of bitcoin movement. Bitcoin will touch $ 50 K soon.
I'm optimistic about Bitcoin's price surge, especially with the upcoming 'halving' event. Furthermore, Grayscale Investments' recent legal victory against the SEC boosts the potential for a Bitcoin ETF. Yet, these developments are delayed until January 2024.Most of the things you mentioned have become fact due to the increase in the price of Bitcoin. Ever since Bitcoin received ETF approval, its price has started to rise as volume has been increasing on a large scale. But the main thing is that the halving period of Bitcoin is very close and its impact is falling on the market. Naturally, if we check the past history, we will see that the price of Bitcoin started to recover before the Bitcoin halving season. And in 2024 we see it from the beginning.
2023 Bitcoin market was very down but in 2023 end Bitcoin market started to rise. Since January 2024, the Bitcoin market has been on the rise, reaching the current 48k. We can expect the Bitcoin market to reach 60K- in 2024.
Just look at the market, now the Bitcoin price is around 48,466 USD, just a little away from reaching the old all time high, FOMO in the halving is very strong for traders and investors.
Even at this moment, I am sure that the price of Bitcoin after the Halving will really rise more than the current price of 48,466 USD and it only takes some hot news from various famous people.
The news about Bitcoin Halving is very popular on various Telegram channels and people are definitely affected by FOMO.
One day I'm sure there will be famous people writing on Twitter about Bitcoin and the price of Bitcoin will definitely exceed 106,000 USD.
Today's news is starting to be surprising because a famous person created an Avatar indicating that he fully supports Bitcoin.The news about Bitcoin Halving is very popular on various Telegram channels and people are definitely affected by FOMO.About someone who might tweet about bitcoin and have a positive impact on the price of bitcoin going up, let's see who he is??
One day I'm sure there will be famous people writing on Twitter about Bitcoin and the price of Bitcoin will definitely exceed 106,000 USD.
Is He Elon Musk?? or other famous people.
]Well, I hope Joe Biden really provides support for Bitcoin price movements because so far we are all waiting for very rich people to get into Bitcoin and give the price an increase. With an image like that, it can also trigger whales to buy more Bitcoin, and hopefully the target ATH of $100k was reached this year.
Today's news is starting to be surprising because a famous person created an Avatar indicating that he fully supports Bitcoin.
Just check Joe Biden's profile because he has now changed his Twitter avatar to red eyes and that is a typical sign of supporting Bitcoin.(https://i.imgur.com/HCNYs6V.jpeg) (https://t.me/CryptoRoseChannel/12502)I'm just speaking as is, but it's clear that with an Avatar like that, it proves that Joe Biden really understands how Bitcoin works to rise.
The market position is also green and Joe Biden makes his Avatar turn into a red laser, this is like a FOMO push for Bitcoin's price to rise.
Today's news is starting to be surprising because a famous person created an Avatar indicating that he fully supports Bitcoin.
Just check Joe Biden's profile because he has now changed his Twitter avatar to red eyes and that is a typical sign of supporting Bitcoin.
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I'm just speaking as is, but it's clear that with an Avatar like that, it proves that Joe Biden really understands how Bitcoin works to rise.
The market position is also green and Joe Biden makes his Avatar turn into a red laser, this is like a FOMO push for Bitcoin's price to rise.
Yes i strongly believe that Joe Biden Posted picture impacted on Bitcoin price. That's Avatar is typical sign of supporting Bitcoin. And we saw instantly it’s on Bitcoin price. After posting this picture Bitcoin price moved from $47k to $50k within short time.Today's news is starting to be surprising because a famous person created an Avatar indicating that he fully supports Bitcoin.The news about Bitcoin Halving is very popular on various Telegram channels and people are definitely affected by FOMO.About someone who might tweet about bitcoin and have a positive impact on the price of bitcoin going up, let's see who he is??
One day I'm sure there will be famous people writing on Twitter about Bitcoin and the price of Bitcoin will definitely exceed 106,000 USD.
Is He Elon Musk?? or other famous people.
Just check Joe Biden's profile because he has now changed his Twitter avatar to red eyes and that is a typical sign of supporting Bitcoin.(https://i.imgur.com/HCNYs6V.jpeg) (https://t.me/CryptoRoseChannel/12502)I'm just speaking as is, but it's clear that with an Avatar like that, it proves that Joe Biden really understands how Bitcoin works to rise.
The market position is also green and Joe Biden makes his Avatar turn into a red laser, this is like a FOMO push for Bitcoin's price to rise.
Yes i strongly believe that Joe Biden Posted picture impacted on Bitcoin price. That's Avatar is typical sign of supporting Bitcoin. And we saw instantly it’s on Bitcoin price. After posting this picture Bitcoin price moved from $47k to $50k within short time.