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Author Topic: Bitcoin Halving 2024: Predicting the Price.  (Read 1602 times)

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #15 on: January 03, 2024, 07:14:47 PM »
I think it doesn't really matter whether the Bitcoin ETF is approved or not. What's crucial here are the price cycles of Bitcoin - in 2024, it should be worth at least 80-100 thousand dollars, as the halving will play its role.

And if the ETF gets approved, I don't even know what price to expect...but it will definitely be above 100 000 dollars, I guarantee.

Just buy Bitcoin and hold onto it. There's no need to pay attention to the news and sell during every FUD. Be smarter!
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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #15 on: January 03, 2024, 07:14:47 PM »

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #16 on: January 03, 2024, 09:35:49 PM »
I like everything that is shown here, in fact the charts look very convincing, I don't know about you but I think that things here are due a lot to the fact that they can be more focused on doing things in technical analysis, I generally when I do technical analysis and I see that my position is in the long term, never in the short term, because it seems to me that volatility is something that is difficult to control to predict in this aspect I can say very well that when it comes to doing a better job In the technical analysis it is possible to start in the long term, over a period of months, there I can have a better perspective and go from the macro to the micro, I really like the speculation that PlanB has, despite the fact that many have said that It has been distorted. I am one of those who think that PlanB is the best model for describing the Bitcoin movement.

Of course, the Bitcoin halving is approaching and this can bring many things, among them an increase in the price, if we can remember the last Bitcoin halving made the price reach almost $70k, this means that if maintains that pattern, we could exceed the expectations that the price will be more than $100k, that is what I believe, and my tendency will always be the one it has in PlanB.



Source: https://twitter.com/100trillionUSD/status/1741774953488265674
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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #17 on: January 03, 2024, 10:23:27 PM »
I am also very optimistic that the price of Bitcoin in this upcoming market is going to be bullish, and we may see another all-time high in Bitcoin this season of halving. We have already experienced 3 halving, which usually gives rise to a bull market and an all-time high in the price of Bitcoin. This year, halving is going to be the fort halving of Bitcoin when the mining reward is actually going to be divided in half, and with the pressure at which investors will be purchasing Bitcoin, it will actually give a price spike. Keep accumulating more bitcoin, and you will definitely make enough profit from the bull market.

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #18 on: January 03, 2024, 10:31:20 PM »
I think it doesn't really matter whether the Bitcoin ETF is approved or not. What's crucial here are the price cycles of Bitcoin - in 2024, it should be worth at least 80-100 thousand dollars, as the halving will play its role.

And if the ETF gets approved, I don't even know what price to expect...but it will definitely be above 100 000 dollars, I guarantee.

Just buy Bitcoin and hold onto it. There's no need to pay attention to the news and sell during every FUD. Be smarter!

Gold prices, commodity prices, housing prices and more... We cannot see anything that is not rising in price. I think we can say that Bitcoin and some cryptocurrencies have remained a bit cheap during this period. When the FED starts to decrease interest rates and money starts to flow into the stock markets, the cryptocurrency market will undoubtedly get its share. I don't want to give a target, but I believe that we will exceed the previous ATH level and we will see nice increases in altcoins. For this reason, I considered the extraordinary day we experienced today as a good buying opportunity and added to my portfolio.
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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #19 on: January 03, 2024, 11:00:44 PM »
I like everything that is shown here, in fact the charts look very convincing, I don't know about you but I think that things here are due a lot to the fact that they can be more focused on doing things in technical analysis, I generally when I do technical analysis and I see that my position is in the long term, never in the short term, because it seems to me that volatility is something that is difficult to control to predict in this aspect I can say very well that when it comes to doing a better job In the technical analysis it is possible to start in the long term, over a period of months, there I can have a better perspective and go from the macro to the micro, I really like the speculation that PlanB has, despite the fact that many have said that It has been distorted. I am one of those who think that PlanB is the best model for describing the Bitcoin movement.
I agree with what you said based on the momentum the crypto market always posed during the first of the year and the current selling decision of some Bitcoin miners with the inclusion of MtGox victim distribution funds that happened.
Going for the long term is a better decision when the trend volatility level seems uncertain.
Having said that, PlanB is one of the great crypto Twitter market analyses which I always learn from his market prediction.

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #20 on: January 03, 2024, 11:49:51 PM »
We feel optimistic that there will be huge increase in Bitcoin value toward the Bitcoin halving. But honestly, I'm not really sure about the ETF proposal. Bitcoin halving must happen as expected, meanwhile ETF proposal can be postponed or rejected. I think we are better to focus on the Bitcoin halving only and its impacts. Since it already happened in the previous bullrun seasons, I assume it will bring big impacts as well in the upcoming bullrun season.

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #21 on: January 04, 2024, 07:19:06 AM »
I think we are better to focus on the Bitcoin halving only and its impacts. Since it already happened in the previous bullrun seasons, I assume it will bring big impacts as well in the upcoming bullrun season.
The ETF narrative has been published on the media for months, years even. I believe it will be difficult for the average joe to ignore that completely and focus on fundamentals like halving, which might impact how the market goes in the following days. If ETF is delayed/not approved, I'd not be surprised if the market shakes up more people before it goes parabolic again. At the end of the day, those big players will make the most profit out of this. Small traders should analyze and see the trend carefully unless they can take a more risky approach to bet on the future. CMIIW.

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #21 on: January 04, 2024, 07:19:06 AM »


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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #22 on: January 04, 2024, 11:49:42 AM »
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.
While many are assuming that the Halving effect will take place this year and looking for 100 thousand dollars and up price for Bitcoin yet remember that there is this 4 year cycle period in which will takes place in 2025 and not 2024 , meaning there is a certain percent to believe that this year will be functional but may not record the new ATH.
by which i also tries to believe and may consider waiting not this year to sell out but in the next year.
though we all have our rights and belief so act accordingly to what you think will happen .

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #23 on: January 04, 2024, 09:46:45 PM »
Bitcoin holder easily get FUD with fake or bade news how to be long term holding with bitcoin, MtGox refund rumor last years make bitcoin crash few percent and last day ETF rumor rejected make bitcoin going drop drastically. Not sure with bitcoin price potential before and after halving will raise to higher price or not with many weak hand or not loyal bitcoin holder easily facing FUD when sharing bad news about bitcoin.

Don't see any bad news and always check how potential news is right or not because many people try get advantage with sharing bad news make them get chance to buy back bitcoin on lower price.

I have prediction in this halving time Bitcoin price potential raise above $56k.

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #24 on: January 04, 2024, 10:34:13 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.
While many are assuming that the Halving effect will take place this year and looking for 100 thousand dollars and up price for Bitcoin yet remember that there is this 4 year cycle period in which will takes place in 2025 and not 2024 , meaning there is a certain percent to believe that this year will be functional but may not record the new ATH.
by which i also tries to believe and may consider waiting not this year to sell out but in the next year.
though we all have our rights and belief so act accordingly to what you think will happen .
Truth be told, I have high expectations for Bitcoin with its halving, the truth is that the ETF is very motivating because obviously the bears can turn out for the better in their movements, but whether they are approved or not, I firmly believe that bitcoin will have a new price and probably a new ATH, of course I am assuming all this considering that in the past Halving was the way that started the price of Bitcoin, which did not trigger any season of highs, only of pure bitcoin, then I have my hopes pinned there because many Things are changing, adoption is an issue, in fact many countries are extremely assertive that Bitcoin will revolutionize the financial system, so they are looking for regulatory policies.

And although I am a pro-bitcoin person and always very optimistic, since I also touch earth, this does not mean that it is a fact that if it goes up because it is the pattern, it can do it all at once or wait some time to do it, that is what I think. It may happen, but expectations on the part of many are very high.
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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #25 on: February 11, 2024, 12:00:13 PM »

Truth be told, I have high expectations for Bitcoin with its halving, the truth is that the ETF is very motivating because obviously the bears can turn out for the better in their movements, but whether they are approved or not, I firmly believe that bitcoin will have a new price and probably a new ATH
~

Yeah bitcoin  has good movement at crypto market now. I agree with you, bitcoin will touch new ATH and I predict it will hit more $ 125K.
After ETF approved we all see, the crypto market is green. It caused of bitcoin movement. Bitcoin will touch $ 50 K soon.

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #26 on: February 11, 2024, 01:36:23 PM »
Yeah bitcoin  has good movement at crypto market now. I agree with you, bitcoin will touch new ATH and I predict it will hit more $ 125K.
After ETF approved we all see, the crypto market is green. It caused of bitcoin movement. Bitcoin will touch $ 50 K soon.
The price of Bitcoin seems to be having difficulty reaching that high because so far the price of Bitcoin is still below $50k and looks like it will only reach a new ATH of $100k. Of course, people who will buy Bitcoin at such an expensive price will consider it several times more deeply because of the potential trapped in high prices.

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #27 on: February 11, 2024, 02:59:46 PM »
Yeah bitcoin  has good movement at crypto market now. I agree with you, bitcoin will touch new ATH and I predict it will hit more $ 125K.
After ETF approved we all see, the crypto market is green. It caused of bitcoin movement. Bitcoin will touch $ 50 K soon.
The price of Bitcoin seems to be having difficulty reaching that high because so far the price of Bitcoin is still below $50k and looks like it will only reach a new ATH of $100k. Of course, people who will buy Bitcoin at such an expensive price will consider it several times more deeply because of the potential trapped in high prices.
2023 Bitcoin market was very down but in 2023 end Bitcoin market started to rise. Since January 2024, the Bitcoin market has been on the rise, reaching the current 48k. We can expect the Bitcoin market to reach 60K- in 2024.

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #28 on: February 11, 2024, 03:41:56 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.
Most of the things you mentioned have become fact due to the increase in the price of Bitcoin. Ever since Bitcoin received ETF approval, its price has started to rise as volume has been increasing on a large scale. But the main thing is that the halving period of Bitcoin is very close and its impact is falling on the market. Naturally, if we check the past history, we will see that the price of Bitcoin started to recover before the Bitcoin halving season. And in 2024 we see it from the beginning.
However, according to history, it can never be said with a 100% guarantee that the market of Bitcoin will be exactly the same or run in the same way. Because no one can guarantee how the price of Bitcoin will be in the market in the future. What can be done is we can just guess by looking at the past records. And if I make this assumption then in 2024 Bitcoin price I think will continue to fluctuate around 50k to 37k. And to see the bull-season we must wait until 2025 until the Bitcoin halving season ends. :P

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Re: Bitcoin Halving 2024: Predicting the Price.
« Reply #29 on: February 11, 2024, 05:03:13 PM »

2023 Bitcoin market was very down but in 2023 end Bitcoin market started to rise. Since January 2024, the Bitcoin market has been on the rise, reaching the current 48k. We can expect the Bitcoin market to reach 60K- in 2024.


It's reasonable, if you predict Bitcoin price will reach $ 60K in 2024. In my prediction Bitcoin will touch more than $ 60K, Maybe we will see around $ 80K -90K at 2024. It seems high, but I think Bitcoin has potentially to beat this price.
Bitcoin has shown good movement and strong performance now.

 

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