Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: tomos81 on January 03, 2024, 03:12:56 AM
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January to December 2023 year:
At the beginning of January 2023, the price of Bitcoin was at an all-time low of 16.3K. And by December 2023, the price of Bitcoin had reached 44.6k. Bitcoin has improved so much in just one year.
Start January month 2024 year:
Since 2024 is the halving year, we can see evidence of how much Bitcoin price can improve as early as January. On January 1st, Bitcoin price went up to 45.8k. So is Bitcoin likely to improve further in this halving year?
Express your opinion.....
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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.
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If Mr X bought his Bitcoin in 2022 for $20, 000 for 1 Bitcoin and Mr F buys his Bitcoin today that 1 Bitcoin is trading for $42,113, who will make more profit when the bull market starts? If bull market starts, the people that bought Bitcoin when the price was very low will make more profit than people that bought today.
Always Start accumulation very early, don't wait until when bull market is close before investing.
Well, you are right, afterall, it's already established that wise investors do all the investing during the bear season, the bear season is the time when we get to find the best and strong projects to invest in, this is if what we are talking about is not bitcoin, for bitcoin on its own is the head of all cryptocurrency, no one ever will go wrong investing in bitcoin as long as the investment is done in the right time, which is during be bear market.
If I should use the law of sowing and reaping, like I've said before, the bear season is the time for sowing, while the bull season is the time for reaping the fruit of that which we sowed in the bear season.
Though it's still very possible to invest in a bull season and still make profit, but profit made from investing this way can't be compared to the profit some one who invested in a bear season will make, though it still depends on when each of this investors sell off their investment though.
I follow something, we must always look for the accumulation stage, and that is the most conducive to buying, all the whales and all the large investors buy at this stage and it is normal, what happens is that many benefits are seen because You have to wait, I don't know, but from what I've seen, things when it comes to bitcoin going up, I've established your deadline, from what you see every 4 years there is a new ath, and that's the only thing that can To say until now according to a pattern that has always been fulfilled, of course, this can vary, now the ETFs are coming, if they are approved it is most likely that the price of bitcoin will rise, and this can happen, in fact it is very high the shame of that happening.
In this order of ideas it is not a form, it is through knowledge that one can buy, the ideal is as I said, buy in an accumulation period and sell in Distribution, that is what we can determine at a given moment, and it is only ideal.
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Well the different ways of doing things Between the year 2023 Compared to this year can be seen in a very peculiar way, because basically now with bitcoin we are only 4-5 days away from seeing action, that is why we cannot give an adequate behavior As a comparison, it's like very soon, I could say that things in the market can move to another level , but as Long as things can be based on what you want to obtain as a fair Result , what I expect in 2024 It is a clear new ATH, but it is my speculation, it is what I hope.
Something that is very Different from what can happen with other options of Viewing the market , Because things can happen as I say or not, although based on what we have experienced over these years , it can be Very likely that Bitcoin will rise price , so to Establish it we Should at least wait for the First or 2nd quarter of the year to establish a good Comparison.
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January to December 2023 year:
At the beginning of January 2023, the price of Bitcoin was at an all-time low of 16.3K. And by December 2023, the price of Bitcoin had reached 44.6k. Bitcoin has improved so much in just one year.
Start January month 2024 year:
Since 2024 is the halving year, we can see evidence of how much Bitcoin price can improve as early as January. On January 1st, Bitcoin price went up to 45.8k. So is Bitcoin likely to improve further in this halving year?
Express your opinion.....
Since Bitcoin halving will happen this year, Bitcoin price is likely to rise even more this year. This is proof that if someone invests in Bitcoin and holds it for a long time, then he can definitely make a profit. Those who invested in Bitcoin as early as January 2023 have now made almost three times the profit on their investment. There is still plenty of time to invest, so investing in the DCA method will certainly be profitable.
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Since 2024 is the halving year, we can see evidence of how much Bitcoin price can improve as early as January. On January 1st, Bitcoin price went up to 45.8k. So is Bitcoin likely to improve further in this halving year?
Express your opinion.....
It's likely based on its performances in the previous halvings but it will be a few months after the halving when the miners and the industry get used to the new miner reward, one of the things that we hope will not happen is too much FUD and too many hacking and scamming, this is one of the things that prevented the industry to move on, the technology relies on trust and it's the thing that makes it moves forward, I think many good things will happen after the halving the World will learn to accept Cryptocurrency.
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Start January month 2024 year:
Since 2024 is the halving year, we can see evidence of how much Bitcoin price can improve as early as January. On January 1st, Bitcoin price went up to 45.8k. So is Bitcoin likely to improve further in this halving year?
Express your opinion.....
Based on past records, I think "yes" is the appropriate answer, judging from all that has happened in all the past halving, bitcoin always reaches a new all time highs, and as we all know, the halving is coming up by April this year, so, for me, I don't think this year will be different from other years in negative terms.
A new all time high for bitcoin is imminent, coupled with the current activities in the market, and this is talking about the bitcoin spot ETF approval, this I believe is also one of the catalyst that could make or mar our much expected bull run this year, the approval of the spot ETF could act as a fuel, which could drive the price of bitcoin to a new all time high even as faster than any of us have imagined.
But the rejection of the bitcoin spot ETF again could completely mar, or destroy our much expected bull run.
So, what should be do then? Well, nothing actually, just buy more bitcoin and be ready for anything, keep your fingers crossed 🤞 and just watch the market.
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At the beginning of 2023 we could see the Bitcoin market completely dumping. By then, price had gone to $16,000 in Bitcoin. But now at the beginning of 2024 we see a lot of pumping in the price of Bitcoin. 2024 sees Bitcoin price as early as $44,000. Thus, if the Bitcoin price continues to rise. Then the bitcoin market will improve a lot. And with that, I think the Bitcoin market will change a lot in 2024. And I think before 2025 we're going to have a very good bitcoin market.Bitcoin is much better than the market right now. Leader we hope to do something good before 2025.
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Express your opinion.....
Bitcoin value movements in the first week at the beginning of the year were quite good and stable, a good start entering the middle half of the year, Bitcoin value will continue to increase even though there is a slight decline, it does not affect the weekly chart, and I am sure Bitcoin in week 2 -3 will definitely be more than 45- 46k$ and that will make bitcoin move further upwards to reach the peak of the halving later without any obstacles unless there is bad news that scares traders/owners of limited amounts of bitcoin
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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.
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January to December 2023 year:
At the beginning of January 2023, the price of Bitcoin was at an all-time low of 16.3K. And by December 2023, the price of Bitcoin had reached 44.6k. Bitcoin has improved so much in just one year.
Start January month 2024 year:
Since 2024 is the halving year, we can see evidence of how much Bitcoin price can improve as early as January. On January 1st, Bitcoin price went up to 45.8k. So is Bitcoin likely to improve further in this halving year?
Express your opinion.....
According to Bitcoin 2023 we see a lot of difference in 2024. Because we saw the Bitcoin market in 2020 pretty much dumped. The crypto currency market was at a standstill. The market was over. At that time, everyone thought that the market might not be pumping. But in early 2024 we see the opposite. Now we can see that the market has been pumped a lot. Bitcoin is on the rise.
Thus, if Bitcoin continues to grow, then the crypto currency market will be better. I think Bitcoin price will reach 60-61 thousand $ before 2025.
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Start January month 2024 year:
Since 2024 is the halving year, we can see evidence of how much Bitcoin price can improve as early as January. On January 1st, Bitcoin price went up to 45.8k. So is Bitcoin likely to improve further in this halving year?
Express your opinion.....
The price of Bitcoin for every halving year is usually positive. For example, if you look at the price chart for the last Bitcoin halving that happened in 2020, you will realize that from the month of January of that halving year, the price of Bitcoin did not show much price dump but instead kept growing gradually. Even after the halving happened, the price did not also drop but just progressively kept growing. I believe that it's going to follow the same trend this year. Even if the price of Bitcoin drops further, it will not fall past $38k.
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January to December 2023 year:
At the beginning of January 2023, the price of Bitcoin was at an all-time low of 16.3K. And by December 2023, the price of Bitcoin had reached 44.6k. Bitcoin has improved so much in just one year.
So from 2023 to the end it has increased drastically, according to the data this increase has reached more than 150% and if those who enter early in 2023 will clearly be profitable at the end of the year.
Start January month 2024 year:
Since 2024 is the halving year, we can see evidence of how much Bitcoin price can improve as early as January. On January 1st, Bitcoin price went up to 45.8k. So is Bitcoin likely to improve further in this halving year?
Express your opinion.....
Some people are making predictions now until the end of 2024, especially now that many events are being awaited by investors, first the ETF will be approved by the SEC and rumors say it will be soon even though there is news to the contrary about rejection.
Second, we are waiting for the halving, this will bring Bitcoin's brightness to bullishness, but we must be aware that after the halving it will not immediately increase significantly, there must be a process where the return occurs until it becomes truly bullish, of course there are many hopes that this year it will increase rapidly.
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This is how Bitcoin recovers itself even after fall from its ath. So it is best investment without worries. Well the start of 2024 was trying to prevent bitcoin from fly higher but BTC defeated the obstacle and able to cover almost all losses from recent flash crash in market. ETF approval could be help Bitcoin to pump more but halving will effect on its price in april. But i believe btc will surpassed previous ath and this time we might see 70-75 ath even more before this year end
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At the beginning of 2023 the price of Bitcoin was around $17K and at the end Bitcoin was above $43K but at the beginning of 2024 the price of Bitcoin was at $45K. If we compare the market in early 2024 with early 2023, we can clearly understand the difference in how much higher the market is at the beginning of this year compared to the beginning of last year. We see the possibility that 2024 will bring a lot of good things for Bitcoin and a lot of good times are ahead for investors. If the market continues to move upwards from this situation, we may see the Bitcoin market at $100,000 before the end of 2024. We have long expected that the price of Bitcoin will touch $100,000 maybe that expectation is going to be fulfilled soon.
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If the market continues to move upwards from this situation, we may see the Bitcoin market at $100,000 before the end of 2024. We have long expected that the price of Bitcoin will touch $100,000 maybe that expectation is going to be fulfilled soon.
Yes, most Bitcoin fans are waiting for this number. Everyone is waiting for the price of Bitcoin to reach 100K$ after halving, and some go far beyond this number in optimism. Personally, I am optimistic about the possibility of achieving this number easily, but on the other hand, I have learned to take all possibilities into account.
The important point that I like to focus on is that some people think that this will happen immediately after halving, but this is not true because it may take months or a year.
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Yes, most Bitcoin fans are waiting for this number. Everyone is waiting for the price of Bitcoin to reach 100K$ after halving, and some go far beyond this number in optimism. Personally, I am optimistic about the possibility of achieving this number easily, but on the other hand, I have learned to take all possibilities into account.
The selling target for the Bitcoin that I HODL is $100K. This is still quite reasonable if Bitcoin hits that price, especially since the previous ATH was $68K, so we think that price will soon be seen by us.
Not only that, some predictions say they are above $150K or even above, more likely we think it is an exaggeration but anything can happen in the increase in the price of bitcoin because they have data in predicting the price of bitcoin.
The important point that I like to focus on is that some people think that this will happen immediately after halving, but this is not true because it may take months or a year.
Do you remember the previous halving in 2020? It's not just that this year will be bullish after the halving, even waiting 1 year to wait for Bitcoin to ATH again in 2021, so it's possible that in the current cycle after the halving we will wait a year because for me that still makes sense too.
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If we consider the year 2023, then it was definitely enough year to invest in Bitcoin. If there was a proper way to invest in Bitcoin then it would be worth investing in Bitcoin at the beginning of 2023. I invested in mid 20230 when bitcoin price was 27k. Now I have more than half of the dividend on my Bitcoin investment, but there is still time to invest in Bitcoin. Because there is a Bitcoin halving in mid-April 2024. Bitcoin holders are waiting for this halving, because everyone will sell when the price of Bitcoin rises.
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If the comparison starts from the end of 2003 to the beginning of 2004, the difference is actually not that significant. because the distance is only a week, whereas in those few weeks the price of Bitcoin will of course go up and down and usually it won't go up and down too much. This condition will be different when the comparison is at the beginning of last year and the beginning of this year, of course we have seen a quite significant increase in the price of Bitcoin. The current Bitcoin price adds to our impression that we are ready to welcome the Bullrun era. Which incidentally usually happens after the Bitcoin halving. Hopefully the cycle will still be the same.
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Express your opinion.....
I think it is not wise to use the previous (2023) year data to compare it with 2024 because this is the halving year, and in this year we might see a bull run (as a bull run comes after halving), and plus we have many good events like ETFs, etc. And we didn't have any of these back in 2023 so it is not fair to compete them both,
We should not interpret the uptrend of 2023 to be sure in 2024 as well because this is not how prices work, they work on demand and supply and demand is increasing day by day but in the meantime, supply is going to be shorted by half. And that's a big cut.
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I have a feeling that 2024 will bring both good and bad news for the cryptocurrency market. I anticipate that we will witness a new all-time high (ATH) after the ETF and halving processes, but after that, I expect a significant bear season for the market. However, I must emphasize that what I say should not be taken as investment advice or FUD. Every investor has their predictions and expectations based on the market's nature and cycle. In addition, we must consider global developments when making predictions about Bitcoin's price. Currently, the stock market is experiencing excitement because interest rates are expected to remain stable or fall. However, we cannot ignore the fact that there are ongoing wars worldwide, which may disrupt global peace and stability in the future.
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If the comparison starts from the end of 2003 to the beginning of 2004, the difference is actually not that significant. because the distance is only a week, whereas in those few weeks the price of Bitcoin will of course go up and down and usually it won't go up and down too much. This condition will be different when the comparison is at the beginning of last year and the beginning of this year, of course we have seen a quite significant increase in the price of Bitcoin. The current Bitcoin price adds to our impression that we are ready to welcome the Bullrun era. Which incidentally usually happens after the Bitcoin halving. Hopefully the cycle will still be the same.
I believe what you mean here is 2023 and 2024 right? because that goes the topic and the title this should be corrected .
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We cannot compare the 2 years in this soon better to get back here after or before 2024 ended because what we have now is the first week of the year against the whole 2023.
but the best thing from this point is Bitcoin stays its holding till January things that does not happened in the last year .
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We cannot compare the 2 years in this soon better to get back here after or before 2024 ended because what we have now is the first week of the year against the whole 2023.
but the best thing from this point is Bitcoin stays its holding till January things that does not happened in the last year .
Comparisons are acceptable if you compare two market cycles are two years at similar time of two market cycles like two start years of two bull runs or two end years of two bear markets.
They will have many things similar to talk about and compare with each other. We don't compare them about news, what happened with news, regulations because it is useless and also takes lot of time to look back and find those information.
We can easily compare them in price and fractals.
Check past news with Bitcoin obituaries
- https://99bitcoins.com/bitcoin-obituaries/
- https://buybitcoinworldwide.com/bitcoin-is-dead/
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January to December 2023 year:
At the beginning of January 2023, the price of Bitcoin was at an all-time low of 16.3K. And by December 2023, the price of Bitcoin had reached 44.6k. Bitcoin has improved so much in just one year.
Start January month 2024 year:
It looks rosy on the outside but if you hold Bitcoin between November 2022 when Bitcoin plummeted to $15k and then settled around $16.3k January first and then to $43k, you will understand that it wasn't an easy journey, there was community division and many differences, many of the dirty tricks of the exchange from FTX collapse to CZ been arrested but all seems like most of these things never even happened but the cases are still around in court, I hope the same fallacy doesn't occur again because these things hurt Bitcoin a lot.
Since 2024 is the halving year, we can see evidence of how much Bitcoin price can improve as early as January. On January 1st, Bitcoin price went up to 45.8k. So is Bitcoin likely to improve further in this halving year?
Express your opinion.....
There is Euphoria going on in the Bitcoin Market and I hope people don't FOMO like they did last bull run, people always think that the bull run is guaranteed after the Bitcoin halving but then again, we should do so with caution so as not repeat the same mistake that happens in the last bull run, there is nothing palatable about buying Bitcoin on all-time high only to sell at a lower price or caught up to hold for another 4 years without any profits.
On the Halving effects on Miners, I hope this makes Bitcoin more deflationary and reduced circulating supply and also increase the demand organically, not this ETF they are using to attract people.
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The price of Bitcoin has rarely seen a low in 2023. It has been around 16k. Whose effect was visible on the entire crypto market. Now 2024 has started well. Let's see the rest ahead.
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It's just manipulation. Which, for a minute, is being fully executed by those who actually started it. 8)
Panic + distrust of the asset, took their toll. Everyone wrote that they expected a decline from 10 thousand dollars for 1 bitcoin.... Some expected 1 thousand dollars at all. I have nothing against it. But there is one but, those who needed it, bought, propamped and now actively sell (who did not have time to come in at 16 thousand). By no means am I giving financial advice. I just think we've all been scammed (for the umpteenth time). And there could be many similar situations.
PS Remember your feelings at bitcoin price of 16k. What were you thinking then? What You expect? :o
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January to December 2023 year:
At the beginning of January 2023, the price of Bitcoin was at an all-time low of 16.3K. And by December 2023, the price of Bitcoin had reached 44.6k. Bitcoin has improved so much in just one year.
Bitcoin price have increased more than 2X in just one year. Those that have bought the dip at the beginning of the year would have made 100% of their capital as profit already. Bitcoin has proven to be a dependable asset to depend on, only the patient ones prevail in this investment. This should be a good sign and example to be believe in bitcoin growth.
Start January month 2024 year:
Since 2024 is the halving year, we can see evidence of how much Bitcoin price can improve as early as January. On January 1st, Bitcoin price went up to 45.8k. So is Bitcoin likely to improve further in this halving year?
Express your opinion.....
This should be the best year for bitcoin since its inception. The highly anticipated year for bitcoin halving is here and from the beginning of the year, we have witnessed a positive trend that signifies a good sign that it will be the best year for bitcoin. I have no doubts on bitcoin growth now again, it has cleared all my doubts that it can be a good store of value for the future.
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Since 2024 is the halving year, we can see evidence of how much Bitcoin price can improve as early as January. On January 1st, Bitcoin price went up to 45.8k. So is Bitcoin likely to improve further in this halving year?
Express your opinion.....
Yeah, very much possible since we are in the halving year season. There are very tendencies that once the halving draws closer, the bitcoin price starts to skyrocket.
This seems to be the time to experience such an increase in bitcoin price because the halving close by. As history will have towards bitcoin, it tends to increase more, after months of the halving season. That made me to think that we might begin to see a new ATH of bitcoin price in this year or next year(2025).
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The biggest change I see is this halving in 2024, the year 2023 was when the price of Bitcoin would rise more than the current halving. Thousands of investors have been holding Bitcoin for a long time in anticipation of this halving. This bitcoin halving is a four year cycle, every four years the block rotates and the price of bitcoin increases. So all of us bitcoin holders have been waiting for this halving for a long time. I've held bitcoin for three years, definitely optimistic that $150,000 in bitcoin is very likely.