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Author Topic: BTC Prediction - $100k or Below $20k?  (Read 19771 times)

Offline Rubel007

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Re: BTC Prediction - $100k or Below $20k?
« Reply #195 on: August 07, 2024, 09:04:39 AM »
Predictions about Bitcoin are constantly changing which makes it difficult to invest according to any prediction. Since the beginning of August, the price of Bitcoin has been falling to such an extent that it may even go below 50k. Although the possibility of the price going below 54K is difficult. But Bitcoin is not bullish without a big fall. So if the market takes a bit of a back foot and starts to rally again with renewed strength, the price of Bitcoin will still rise and we may be able to see another bull market later this year.

The problem with predictions is that anyone can make one. I would automatically discard any prediction that is not backed by any solid data, doesn't matter how well-known a person making a prediction is.
Not many have expected BTC to go below the $50k, but that's what (very briefly) happened yesterday. Luckilly, we see the price rebound to above $56k and hopefully we'll be back to over $60k soon.
Yes, there are some predictions that are not factually supportable, where there is no logic, it is best to ignore those predictions. There is no logic in making baseless assumptions. There are some predictions that are reasonably good but not acceptable. In order to profit from Bitcoin investment, an investor must invest with relatively  logical prediction with risk. Bitcoin price doesn't always follow predictions either. When Bitcoin went down to 50K and then quickly went back up to 56K. Most predictors didn't realize it would recover so quickly.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #195 on: August 07, 2024, 09:04:39 AM »

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Offline debra

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Re: BTC Prediction - $100k or Below $20k?
« Reply #196 on: August 14, 2024, 10:49:22 PM »
The problem with predictions is that anyone can make one. I would automatically discard any prediction that is not backed by any solid data, doesn't matter how well-known a person making a prediction is.
Not many have expected BTC to go below the $50k, but that's what (very briefly) happened yesterday. Luckilly, we see the price rebound to above $56k and hopefully we'll be back to over $60k soon.
Yes, anyone can make a prediction. That's why we don't easily believe in someone's prediction. Although he is a popular person but we must analyze how he makes the prediction. We also need to consider with the current market condition whether it makes sense or not. I ever saw that there are people who predicted the price of Bitcoin will be above $150k in the current cycle. This kind of prediction can be ignored because I think it is too difficult to happen.

True, I'm also surprised that the price of Bitcoin can drop to $49k. But I think it still makes sense because we have many FUDs now. Anyway, the current price is $59k but it could reach $62k in the last few days. I think Bitcoin price is trying to survive about $60k now but it still failed.


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Re: BTC Prediction - $100k or Below $20k?
« Reply #196 on: August 14, 2024, 10:49:22 PM »

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Offline SmartGold01

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Re: BTC Prediction - $100k or Below $20k?
« Reply #197 on: August 15, 2024, 10:59:16 PM »
The problem with predictions is that anyone can make one. I would automatically discard any prediction that is not backed by any solid data, doesn't matter how well-known a person making a prediction is.
Not many have expected BTC to go below the $50k, but that's what (very briefly) happened yesterday. Luckilly, we see the price rebound to above $56k and hopefully we'll be back to over $60k soon.
Yes, anyone can make a prediction. That's why we don't easily believe in someone's prediction. Although he is a popular person but we must analyze how he makes the prediction. We also need to consider with the current market condition whether it makes sense or not. I ever saw that there are people who predicted the price of Bitcoin will be above $150k in the current cycle. This kind of prediction can be ignored because I think it is too difficult to happen.

True, I'm also surprised that the price of Bitcoin can drop to $49k. But I think it still makes sense because we have many FUDs now. Anyway, the current price is $59k but it could reach $62k in the last few days. I think Bitcoin price is trying to survive about $60k now but it still failed.
Right from when bitcoin crossed 72k I knew something dig gonna happened because when ever a sharp price is experienced we would always see dip, especially after halving if following historical data then we can say after that comes another dip till maybe the next year in Q2 or Q3 then we could see another sharp bull run that seems uncontrollable where everyone would be so happy about the price and wished the price continues.

Offline pawel7777

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Re: BTC Prediction - $100k or Below $20k?
« Reply #198 on: August 15, 2024, 11:26:06 PM »
We are 118 days after the having.
Looking at the past price actions, if we consider the combined (average) data from the last 3 halvings, we should now be above the price at the halving and in the middle of bull run.
But each halving had a different timing. i.e. in the 2016 one, 120 days after halving we were also below the halving price and it took around 150 days for it to go above that. So I wouldn't worry to much about the price at this stage.

Offline armanda90

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Re: BTC Prediction - $100k or Below $20k?
« Reply #199 on: August 16, 2024, 04:40:37 PM »
We are 118 days after the having.
Looking at the past price actions, if we consider the combined (average) data from the last 3 halvings, we should now be above the price at the halving and in the middle of bull run.
But each halving had a different timing. i.e. in the 2016 one, 120 days after halving we were also below the halving price and it took around 150 days for it to go above that. So I wouldn't worry to much about the price at this stage.
Seems one step closer based on your data explain for bitcoin and altcoin growing to higher price after 118 days from halving time, have been habit for cryptocurrency price get down after halving and taking around several months later recovery back to higher price. I think has potential for bitcoin in this month or over 118 days since halving for raising to higher price and usually at the end of years always has potential break out new ATH price.
But in this month bitcoin still stable and not sure yet will up above $70 again but get lower price seems difficult, bitcoin look stable but at the end of years usually has potential although not easy break out above $100.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #200 on: August 16, 2024, 11:18:18 PM »
Right from when bitcoin crossed 72k I knew something dig gonna happened because when ever a sharp price is experienced we would always see dip, especially after halving if following historical data then we can say after that comes another dip till maybe the next year in Q2 or Q3 then we could see another sharp bull run that seems uncontrollable where everyone would be so happy about the price and wished the price continues.
Indeed, when we see Bitcoin always failed to reach again the ATH $73k, it was very likely we will have big dump. And it really happened that the price could drop below $60k and even dropped more below $50k. I think now it was over, the price can increase constantly again. Even if there is another dump, I think it won't as big as before. Yes, I also expect there will be huge pump again in the next year, especially in Q2-Q3 of 2025.


Offline SmartGold01

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Re: BTC Prediction - $100k or Below $20k?
« Reply #201 on: August 17, 2024, 11:00:10 AM »
Right from when bitcoin crossed 72k I knew something dig gonna happened because when ever a sharp price is experienced we would always see dip, especially after halving if following historical data then we can say after that comes another dip till maybe the next year in Q2 or Q3 then we could see another sharp bull run that seems uncontrollable where everyone would be so happy about the price and wished the price continues.
Indeed, when we see Bitcoin always failed to reach again the ATH $73k, it was very likely we will have big dump. And it really happened that the price could drop below $60k and even dropped more below $50k. I think now it was over, the price can increase constantly again. Even if there is another dump, I think it won't as big as before. Yes, I also expect there will be huge pump again in the next year, especially in Q2-Q3 of 2025.
We had 73k ATH then we might see it dropping to nearly 30 to 40 percent of the price, though market is actually hard to speculate or predict since we can't tell the exact what gonna happen in the market, but whomever that is smart could actually get some better from quick dip. Sometimes this is why it is very much scary for people to venture the market. 2025 seems to be very bring for bitcoin but the question should be since bitcoin already gain it's ATH would surge again by next year?

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Re: BTC Prediction - $100k or Below $20k?
« Reply #201 on: August 17, 2024, 11:00:10 AM »


Offline TravelMug

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Re: BTC Prediction - $100k or Below $20k?
« Reply #202 on: August 17, 2024, 11:38:25 AM »
Right from when bitcoin crossed 72k I knew something dig gonna happened because when ever a sharp price is experienced we would always see dip, especially after halving if following historical data then we can say after that comes another dip till maybe the next year in Q2 or Q3 then we could see another sharp bull run that seems uncontrollable where everyone would be so happy about the price and wished the price continues.
Indeed, when we see Bitcoin always failed to reach again the ATH $73k, it was very likely we will have big dump. And it really happened that the price could drop below $60k and even dropped more below $50k. I think now it was over, the price can increase constantly again. Even if there is another dump, I think it won't as big as before. Yes, I also expect there will be huge pump again in the next year, especially in Q2-Q3 of 2025.

It's the FOMO on the Bitcoin ETF approval and it's effect on the market, that's why it shoots up to $73k and we have a new all time high before the halving. I'm just thinking though that if it happens post halving, we might be seeing a higher price.

Anyways, moving forward we might be looking at $100k next year and yes, I'm predicting that it could be around start of Q3 and then huge pump at the end of the year. Gonna be exciting 2025 for us that is for sure, we just have to be mentally though because it is still 12 months to go at least.
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Offline Adbitco

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Re: BTC Prediction - $100k or Below $20k?
« Reply #203 on: August 17, 2024, 06:35:36 PM »
It's the FOMO on the Bitcoin ETF approval and it's effect on the market, that's why it shoots up to $73k and we have a new all time high before the halving. I'm just thinking though that if it happens post halving, we might be seeing a higher price.

Anyways, moving forward we might be looking at $100k next year and yes, I'm predicting that it could be around start of Q3 and then huge pump at the end of the year. Gonna be exciting 2025 for us that is for sure, we just have to be mentally though because it is still 12 months to go at least.
We can't be so sure about the market price because we know the industry is highly volatile and anything is likely to happened, yes true that the price gonna hit 100k but there is no prove and evidence to show that price gonna reached that level.

Offline Asiska02

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Re: BTC Prediction - $100k or Below $20k?
« Reply #204 on: August 17, 2024, 06:59:14 PM »
Right from when bitcoin crossed 72k I knew something dig gonna happened because when ever a sharp price is experienced we would always see dip, especially after halving if following historical data then we can say after that comes another dip till maybe the next year in Q2 or Q3 then we could see another sharp bull run that seems uncontrollable where everyone would be so happy about the price and wished the price continues.
Indeed, when we see Bitcoin always failed to reach again the ATH $73k, it was very likely we will have big dump. And it really happened that the price could drop below $60k and even dropped more below $50k. I think now it was over, the price can increase constantly again. Even if there is another dump, I think it won't as big as before. Yes, I also expect there will be huge pump again in the next year, especially in Q2-Q3 of 2025.
We had 73k ATH then we might see it dropping to nearly 30 to 40 percent of the price, though market is actually hard to speculate or predict since we can't tell the exact what gonna happen in the market, but whomever that is smart could actually get some better from quick dip. Sometimes this is why it is very much scary for people to venture the market. 2025 seems to be very bring for bitcoin but the question should be since bitcoin already gain it's ATH would surge again by next year?

If no surge happens after this period, let’s say by the end of this year to next year, then this will be the worst cycle bitcoin has experienced and will make it worse in terms of adoption going further. A lot of people have done investment in bitcoin and hope for the price to increase after the halving, no hope lost yet because it does not always surge immediately after the halving, so many people are hopeful and bullish on it by next year. If next year doesn’t go bullish, a lot would be disappointed even though expectations were supposed to be lower when it comes to bitcoin investments. The ATH broken this year doesn’t mean that bitcoin can’t surge after that, the break may have contributed to the dip we are experiencing now because it doesn’t always happen like this in the past. So I still feel that a bull is imminent and could happen next year.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #205 on: August 17, 2024, 09:26:58 PM »
Right from when bitcoin crossed 72k I knew something dig gonna happened because when ever a sharp price is experienced we would always see dip, especially after halving if following historical data then we can say after that comes another dip till maybe the next year in Q2 or Q3 then we could see another sharp bull run that seems uncontrollable where everyone would be so happy about the price and wished the price continues.
Indeed, when we see Bitcoin always failed to reach again the ATH $73k, it was very likely we will have big dump. And it really happened that the price could drop below $60k and even dropped more below $50k. I think now it was over, the price can increase constantly again. Even if there is another dump, I think it won't as big as before. Yes, I also expect there will be huge pump again in the next year, especially in Q2-Q3 of 2025.
We had 73k ATH then we might see it dropping to nearly 30 to 40 percent of the price, though market is actually hard to speculate or predict since we can't tell the exact what gonna happen in the market, but whomever that is smart could actually get some better from quick dip. Sometimes this is why it is very much scary for people to venture the market. 2025 seems to be very bring for bitcoin but the question should be since bitcoin already gain it's ATH would surge again by next year?

If no surge happens after this period, let’s say by the end of this year to next year, then this will be the worst cycle bitcoin has experienced and will make it worse in terms of adoption going further. A lot of people have done investment in bitcoin and hope for the price to increase after the halving, no hope lost yet because it does not always surge immediately after the halving, so many people are hopeful and bullish on it by next year. If next year doesn’t go bullish, a lot would be disappointed even though expectations were supposed to be lower when it comes to bitcoin investments. The ATH broken this year doesn’t mean that bitcoin can’t surge after that, the break may have contributed to the dip we are experiencing now because it doesn’t always happen like this in the past. So I still feel that a bull is imminent and could happen next year.
There are some rumors that there wont really be having such that huge price spike in speaking on the bull run event but well we arent that just that still into the moment
and this is why it isnt really just that ideal that we would really be that conclusive on the current things that we are really that dealing on with.
Neither Q1 of 2025 or Q3 on which considered to be the peak and after  that then we do have that bear market. So it would really be something that cant
predicted on whats ahead. This is why it would really be that recommended that you should be that versatile and having that kind of long patience on things.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #206 on: August 18, 2024, 03:52:40 PM »
Right from when bitcoin crossed 72k I knew something dig gonna happened because when ever a sharp price is experienced we would always see dip, especially after halving if following historical data then we can say after that comes another dip till maybe the next year in Q2 or Q3 then we could see another sharp bull run that seems uncontrollable where everyone would be so happy about the price and wished the price continues.
Indeed, when we see Bitcoin always failed to reach again the ATH $73k, it was very likely we will have big dump. And it really happened that the price could drop below $60k and even dropped more below $50k. I think now it was over, the price can increase constantly again. Even if there is another dump, I think it won't as big as before. Yes, I also expect there will be huge pump again in the next year, especially in Q2-Q3 of 2025.
We had 73k ATH then we might see it dropping to nearly 30 to 40 percent of the price, though market is actually hard to speculate or predict since we can't tell the exact what gonna happen in the market, but whomever that is smart could actually get some better from quick dip. Sometimes this is why it is very much scary for people to venture the market. 2025 seems to be very bring for bitcoin but the question should be since bitcoin already gain it's ATH would surge again by next year?

If no surge happens after this period, let’s say by the end of this year to next year, then this will be the worst cycle bitcoin has experienced and will make it worse in terms of adoption going further. A lot of people have done investment in bitcoin and hope for the price to increase after the halving, no hope lost yet because it does not always surge immediately after the halving, so many people are hopeful and bullish on it by next year. If next year doesn’t go bullish, a lot would be disappointed even though expectations were supposed to be lower when it comes to bitcoin investments. The ATH broken this year doesn’t mean that bitcoin can’t surge after that, the break may have contributed to the dip we are experiencing now because it doesn’t always happen like this in the past. So I still feel that a bull is imminent and could happen next year.
The road to 100k for bitcoin price looks very far to achieve maybe it is because too much is expected from bitcoin price to reach 100k very easy. I don't think that the price of bitcoin will reach 100k soon because it has to reach 70k first and currently Thebes price just got to 60k after staying long on 58k. Who knows if the price will still dip to 50k+ because that is how the price has being fluctuating since past two weeks. We will definitely get to 100k maybe at the end of this year or first quarter of next year. Just Hodli and wait patiently.

Offline bounceback

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Re: BTC Prediction - $100k or Below $20k?
« Reply #207 on: August 18, 2024, 09:50:44 PM »
The road to 100k for bitcoin price looks very far to achieve maybe it is because too much is expected from bitcoin price to reach 100k very easy. I don't think that the price of bitcoin will reach 100k soon because it has to reach 70k first and currently Thebes price just got to 60k after staying long on 58k. Who knows if the price will still dip to 50k+ because that is how the price has being fluctuating since past two weeks. We will definitely get to 100k maybe at the end of this year or first quarter of next year. Just Hodli and wait patiently.
Four month left for this year and our expectation for bitcoin road to $100k still far away after many time bitcoin get correction and price right now still drop under $60k. Needed almost 50% for bitcoin get up above $100k and I am not sure near future have chance for bitcoin raise up many holder expectation break out $100k.
I am waiting until next month how possibility bitcoin get up or keep stable before making conclusion about bitcoin possibility will get up or down. But many prediction bitcoin seems stable will not get drastically dump or pump and keep raise around $60k until $70k.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #208 on: August 19, 2024, 07:02:19 AM »
Right from when bitcoin crossed 72k I knew something dig gonna happened because when ever a sharp price is experienced we would always see dip, especially after halving if following historical data then we can say after that comes another dip till maybe the next year in Q2 or Q3 then we could see another sharp bull run that seems uncontrollable where everyone would be so happy about the price and wished the price continues.
Indeed, when we see Bitcoin always failed to reach again the ATH $73k, it was very likely we will have big dump. And it really happened that the price could drop below $60k and even dropped more below $50k. I think now it was over, the price can increase constantly again. Even if there is another dump, I think it won't as big as before. Yes, I also expect there will be huge pump again in the next year, especially in Q2-Q3 of 2025.

It's the FOMO on the Bitcoin ETF approval and it's effect on the market, that's why it shoots up to $73k and we have a new all time high before the halving. I'm just thinking though that if it happens post halving, we might be seeing a higher price.

Anyways, moving forward we might be looking at $100k next year and yes, I'm predicting that it could be around start of Q3 and then huge pump at the end of the year. Gonna be exciting 2025 for us that is for sure, we just have to be mentally though because it is still 12 months to go at least.
Q3 of 2025 could seems to be very a good year but if we don't fill our bags this very year or moment we could still miss out because by then if the start making that very wave we would see that we have missed it and it would be good we join the train to hold enough volume while they market is still moving very low now.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #209 on: August 19, 2024, 01:28:48 PM »
Right from when bitcoin crossed 72k I knew something dig gonna happened because when ever a sharp price is experienced we would always see dip, especially after halving if following historical data then we can say after that comes another dip till maybe the next year in Q2 or Q3 then we could see another sharp bull run that seems uncontrollable where everyone would be so happy about the price and wished the price continues.
Indeed, when we see Bitcoin always failed to reach again the ATH $73k, it was very likely we will have big dump. And it really happened that the price could drop below $60k and even dropped more below $50k. I think now it was over, the price can increase constantly again. Even if there is another dump, I think it won't as big as before. Yes, I also expect there will be huge pump again in the next year, especially in Q2-Q3 of 2025.

It's the FOMO on the Bitcoin ETF approval and it's effect on the market, that's why it shoots up to $73k and we have a new all time high before the halving. I'm just thinking though that if it happens post halving, we might be seeing a higher price.

Anyways, moving forward we might be looking at $100k next year and yes, I'm predicting that it could be around start of Q3 and then huge pump at the end of the year. Gonna be exciting 2025 for us that is for sure, we just have to be mentally though because it is still 12 months to go at least.
Q3 of 2025 could seems to be very a good year but if we don't fill our bags this very year or moment we could still miss out because by then if the start making that very wave we would see that we have missed it and it would be good we join the train to hold enough volume while they market is still moving very low now.

That's where almost everyone is looking at, Q3 2025 as we might see a new all time high for Bitcoin price. Still a long way to go, but we all know how time flies, next month will be September already and it could start the bull run.

Anyhow, still some time for us to fill our bags so that we can join the bull run for this year. The train is not leaving yet and so we can ride it by still accumulating as much as we can this year before it goes on a run in 2025.

 

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