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Poll

What will the highpoint of this new runup be for BTC

Sorry to say it happened today 64K+
1 (2.7%)
70k
2 (5.4%)
99k
6 (16.2%)
150k
14 (37.8%)
199k
4 (10.8%)
249k
3 (8.1%)
299k
0 (0%)
349k
2 (5.4%)
350k+
1 (2.7%)
Do not know I am just going to follow and enjoy my popcorn
4 (10.8%)

Total Members Voted: 25

Voting closed: December 25, 2024, 01:00:59 AM

Author Topic: What do you think the highpoint of btc will be for this runup?  (Read 4168 times)

Online Roseline492

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Re: What do you think the highpoint of btc will be for this runup?
« Reply #45 on: July 02, 2024, 03:34:42 PM »
Yes i voted for $150k. I think within this runup Bitcoin price will go near about $150k. We know about previous bitcoin halving effect. Now we are seeing Bitcoin price stable near about $68k. I think gradually bitcoin halving effect will be seen. And within 2025 Bitcoin price will go at list my voted area. I think from thins price point any time bitcoin price will pump.

Your voting is a very close one and it stands on a very high chance of even breaking above that so even me I believe that the Bitcoin price will easily reach $150k when the time comes, funny enough as the Bitcoin price keeps ranging within some levels those who have not really understand the behavior of Bitcoin price will be afraid that it will take a very long time before the price will start moving uptrend.

But however one of the things I find very interesting in Bitcoin price is that in as much as it could be moving slowly for sometime now but when the bull season will start we would be surprised to see how far Bitcoin price will go within a week, so for now we should remove our mindset of Bitcoin getting to a particular level this year but from 2025 I believe there would be massive increase in price.

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Re: What do you think the highpoint of btc will be for this runup?
« Reply #45 on: July 02, 2024, 03:34:42 PM »

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Re: What do you think the highpoint of btc will be for this runup?
« Reply #46 on: July 05, 2024, 09:29:37 PM »
But however one of the things I find very interesting in Bitcoin price is that in as much as it could be moving slowly for sometime now but when the bull season will start we would be surprised to see how far Bitcoin price will go within a week, so for now we should remove our mindset of Bitcoin getting to a particular level this year but from 2025 I believe there would be massive increase in price.
The value of bitcoins will not be more than 90k this year; to predict a value greater than 100k is just wild guessing. Take a look at the chart of BTCUSD and see the price movement. Bitcoin is yet to make a retest on the upward trend line drawn. We will see bitcoin get to values above 100k, but we need to be patient for that time to come.
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Re: What do you think the highpoint of btc will be for this runup?
« Reply #46 on: July 05, 2024, 09:29:37 PM »

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Re: What do you think the highpoint of btc will be for this runup?
« Reply #47 on: July 05, 2024, 10:58:59 PM »
By the looks of it, the drawback is severe and huge. I think its going to be quite a high one without a doubt. I am not saying that we should avoid any of this and we can definitely see a good increase nevertheless. I get that it may not look like its much right now and there are drops and all that, but I just feel like we can't just let it be, and we need to focus on how to get higher and better. This is why I think its quite normal and expected that we are not going to get anything big, we should focus on getting something profitable. If you focus on 200k when you are under 60k then you might be upset, but if you aim at going back above 70k then you are going to end up doing a lot better. What we are forgetting is that we just need to go up a bit, rest will be done easier after that.

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Re: What do you think the highpoint of btc will be for this runup?
« Reply #48 on: July 05, 2024, 11:36:20 PM »
The value of bitcoins will not be more than 90k this year; to predict a value greater than 100k is just wild guessing. Take a look at the chart of BTCUSD and see the price movement. Bitcoin is yet to make a retest on the upward trend line drawn. We will see bitcoin get to values above 100k, but we need to be patient for that time to come.
I agree with you. I myself really want to see Bitcoin price above $100k at the end of this year. Unfortunately, it seems unlikely to happen, the price of Bitcoin even dropped hard recently. It makes the price of Bitcoin far away from $100k, people predicted it may drop again to $50k. It won't be easy for Bitcoin to increase a half of its current price because Bitcoin isn't a meme coin who can increase very high in a short time. Bitcoin mostly increase gradually, so we may just expect the price to be around $90k - $100k only. I really hope the price can be above $90k at least.

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Re: What do you think the highpoint of btc will be for this runup?
« Reply #49 on: July 06, 2024, 06:38:33 PM »
So far the 70k votes are looking damn good.

My wild high pick of 350k in 2025 looks impossible.

oh well.
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Offline bayu7adi

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Re: What do you think the highpoint of btc will be for this runup?
« Reply #50 on: July 06, 2024, 07:13:20 PM »
Many predict the price should be $150k... it looks like it will take a little longer, maybe until 2025 it will pass the $100k phase and I never thought it would touch the $150k point in the near future...predicting up to above $200 I think it's something impossible and just a crazy prediction... Bitcoin until the next halving will not exceed $200k... it's hard to penetrate such a market...

I don't mean to be pessimistic, but this is more realistic because of the current conditions and also the estimated condition of Bitcoin in the future.

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Re: What do you think the highpoint of btc will be for this runup?
« Reply #51 on: July 06, 2024, 07:24:49 PM »
Many predict the price should be $150k... it looks like it will take a little longer, maybe until 2025 it will pass the $100k phase and I never thought it would touch the $150k point in the near future...predicting up to above $200 I think it's something impossible and just a crazy prediction... Bitcoin until the next halving will not exceed $200k... it's hard to penetrate such a market...

I don't mean to be pessimistic, but this is more realistic because of the current conditions and also the estimated condition of Bitcoin in the future.

I see parallels to gold from 1992 to 2003 it was stuck in a 200-400 usd slot.

We may stay in 35k to 75k for a long time.
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Re: What do you think the highpoint of btc will be for this runup?
« Reply #51 on: July 06, 2024, 07:24:49 PM »


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Re: What do you think the highpoint of btc will be for this runup?
« Reply #52 on: July 06, 2024, 08:07:26 PM »
But however one of the things I find very interesting in Bitcoin price is that in as much as it could be moving slowly for sometime now but when the bull season will start we would be surprised to see how far Bitcoin price will go within a week, so for now we should remove our mindset of Bitcoin getting to a particular level this year but from 2025 I believe there would be massive increase in price.
The value of bitcoins will not be more than 90k this year; to predict a value greater than 100k is just wild guessing. Take a look at the chart of BTCUSD and see the price movement. Bitcoin is yet to make a retest on the upward trend line drawn. We will see bitcoin get to values above 100k, but we need to be patient for that time to come.

Of course I totally agree with you because I believe the highest move of Bitcoin this year will just be within $90k if at all it could even rise up to that amount before the year runs out because already we have passed middle of the year so roughly we have five months to the end of the year and there is no any sign of price moving uptrend.

So actually hoping for $100k this year is like an imagination that may not come to pass, so perhaps just like I already mentioned we should really channel all our focus in terms of Bitcoin prise increase from 2025 because is already obvious that this year is not favourable for the bull season because after the halving we haven't really seen any possibility of Bitcoin hitting above $90k.

 

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