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Bitcoin Forum / Re: the Bitcoin price in 2023 and 2024 of difference..
« on: January 05, 2024, 01:05:23 PM »In 2024, the price of Bitcoin is $44,000 at the beginning. On the other hand, looking at the year 2023, it can be seen that the price of Bitcoin was around 16 thousand dollars. I think the value of Bitcoin will gradually increase in 2024. And in the middle of 2024, I think the price of Bitcoin can reach 60 thousand dollars again. By the end of the year, before 2025, I think the price of Bitcoin will exceed 70 thousand dollars. Because the price of Bitcoin has started a bull market rally again.I slightly disagree with you. Firstly, there will be no smooth increase in the price of Bitcoin. Especially this year, 2024. Bitcoin has always been characterized by high price volatility. So, today the price of Bitcoin again dropped slightly to $43,757. And in the period before the halving and for about six months after it, whales usually arrange price swings in this market in order to make the greatest profit.
Secondly, Bitcoin’s good growth is observed approximately eight months after the halving, that is, the peak of price growth is expected in late 2024 and early 2025, after which its price should fall relatively quickly. The price of Bitcoin by the end of 2024 and the beginning of 2025 could rise to one hundred thousand dollars or more, but by the end of 2025 it should fall again. Of course, this does not mean that this will definitely happen. The cryptocurrency market is very difficult to predict. It is influenced by many factors in our material world.