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Author Topic: Bitcoin Halving 2024: Predicting the Price.  (Read 1550 times)

James Anderson

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Bitcoin Halving 2024: Predicting the Price.
« on: December 29, 2023, 02:28:11 PM »
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.
« Last Edit: January 08, 2024, 12:10:38 PM by James Anderson »

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Bitcoin Halving 2024: Predicting the Price.
« on: December 29, 2023, 02:28:11 PM »

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #2 on: December 29, 2023, 03:01:44 PM »
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.

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #3 on: December 29, 2023, 06:58:07 PM »
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.

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #4 on: December 29, 2023, 08:56:30 PM »
Yeah, the halving event will definitely impact the price of Bitcoin but now within days. The halving event will take place in March to May of 2024 and once it takes place the market won't react instantly or within a few days.

It will take market sometime to accept the halving event as an extra indicator to get more interested in Bitcoin and investors will start investing huge sums of money after a few months. If history repeats itself once again then we may have ATH of Bitcoin in October to December 2025,
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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #5 on: December 29, 2023, 09:52:54 PM »
oh yes a lot of buzz going on in relation to the upcoming halving.
as for price prediction im going to run with a price around $84,000 (without an ETF approval)
if there is an approval i would say we definitely break $100,000, im basing that on the demand from new investors looking to both expand into bitcoin and also to do so BEFORE the halving.

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #6 on: December 29, 2023, 11:21:39 PM »
Everyone must feel optimistic about the price of Bitcoin. There should be a huge increase in Bitcoin price. But we don't know how far the Bitcoin will skyrocket, this is what people feel very curious. Many experts stated the price of Bitcoin will reach $100k in the upcoming bullrun season, it seems not impossible if we consider how far the Bitcoin price increased in the last bullrun season.

The positive news form ETF will also trigger the price to increase quickly. But it seems to trigger a dump if the ETF proposal is delayed or rejected by SEC.


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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #6 on: December 29, 2023, 11:21:39 PM »


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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #7 on: January 02, 2024, 11:55:14 PM »
Some predictions say that Bitcoin price surpassed last season's ATH and could actually reach $100k. This could be the realization of predictions in the previous season when it turned out that Bitcoin really failed to reach this figure. If the trend is very positive and there are lots of positive issues, then it won't be difficult to really reach $100k, unless suddenly there is a very significant negative issue of FUD.

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #8 on: January 03, 2024, 02:42:05 AM »
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/

This bitcoin halving in 2024 is a gift for investors, every investor is waiting for this time. By investing in Bitcoin, I have held it for three years just waiting for this Bitcoin Halving in 2024. The current Bitcoin price is up to around 45.6k, so the halving is near us. So the price of bitcoin will increase at bitcoin halving that's why I am waiting to sell bitcoins during halving.

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #9 on: January 03, 2024, 03:50:00 AM »
I don't think there will be a significant impact regardless of whether the Bitcoin ETF is approved or not because several months before the halving, Bitcoin already had the potential to rise to a high price. Halving is the greatest moment waiting for by many investors and they won't loss opportunity after accumulating many bitcoin for long term day before halving come, right now they are preparing for the best thing in close with halving to sell their bitcoin and get chance with much profitable earn.

Last all time high price around $65k and many people expected next time halving bitcoin get chance raising up to $100k but comparison with current price need more than 50% up price for bitcoin will raise the most expected price by all investors.

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #10 on: January 03, 2024, 07:26:16 AM »
If it's about being optimistic, I believe we all are, it's about that time again when wise investors who have diligently and patiently been investing all through the bear season to reap the reward for their labour, and honestly, I can't wait to see what 2024 and 2025 holds for bitcoin and it's investors, and for the cryptocurrency market and ecosystem at large.

I personally would love to see bitcoin reach a new all time high this during, and possibly settle above $100,000 dollars after the coming bull run is over.
There is money to be made and I hope you all have taken your positions and still adjusting it as well.

Goodluck to everyone of us.
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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #11 on: January 03, 2024, 03:30:22 PM »
Bitcoin is always the most exciting for us and the new year is no exception. No matter how bad the market was in the last year, in the new year we expect that the market will be much better and the market will return to its original form through the new year. From the middle of 2023 until now the market has been as we expected, maybe the price of Bitcoin has not touched 50 thousand dollars but we are satisfied with what has happened. Bitcoin is now at $45,000, so we can expect Bitcoin to touch Tk 50,000 very soon in the new year. After the price of Bitcoin touches $50,000, we expect Bitcoin to cross its historical high and then touch $100,000, which means our expectations about the market are always positive.

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #12 on: January 03, 2024, 04:03:27 PM »
With each new halving, the price of Bitcoin far exceeds the previous price record. Last time Bitcoin reached $69,000, this time its price may well reach $100,000. The halving is expected to occur around April 7, with peak growth expected approximately eight months after the halving. That is, its peak price will come around December of 2024. But until this time, various price fluctuations are possible. Whales usually arrange price swings before a big increase when they buy up. Therefore, we need to take advantage of such moments as well.

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #13 on: January 03, 2024, 04:40:39 PM »
There is no proof of causal relationship between Bitcoin halving and the price going up. Bitcoin tends to rise overall throughout its history, and linking this tendency to halvings is just one way to look at it. It's especially so because the price doesn't even rise rightaway, it just rises at some point and people say it's all because of the long-term halving effect. It's just a mere correlation, a way of putting separate events together as if they're actually related to one another. So regarding the price of Bitcoin in 2024, it's very hard to make reasonable predictions, considering how significantly Bitcoin price has grown already over the years. And it's also hard to determine whether halving will have anything to do with the price.

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #14 on: January 03, 2024, 06:16:59 PM »
It is very difficult to accurately predict BTC price at Halving moment or in 2024. Previous Halvings showed that BTC price at that time was often between Fibo 0.618 and Fibo 0.786, so I predict BTC price at Halving 2024 would be between $38K-$48K.


I prefer BTC's ATH prediction in the 2024 cycle. If BTC's next peak is to be made by the end of 2025, I expect it to be around $145K.

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