Why the Bitcoin price will be MUCH HIGHER in this cycle!

[SmartGold01]

To me, the market will remain scary and unhappy till after the US elections, then I'll know the next move. Things are changing in bitcoin to the extent that historical data has began to fail.

well sincerely speaking I don't see anything much change so easily in the bitcoin historical data if not for this year that we achieved ATH before halving and you an I knows that the changes was a results of ETF, and apart from this I didn't any much effects within the space. Talking of US election, though I am also optimistic that something positive would happened only if Donald Trump emerges as winner since he has made lot of promises to space.

It might appear that nothing much had actually changed in Bitcoin but in reality, the effect of any little change is enormous. We all acknowledged the effect of the ETF approval which is indeed positive because it made us see a new ATH high before halving. Although, we can also see change in the bitcoin price movement, unlike how it used to be in the past. I can say that not everyone predicted the sudden downward movement of bitcoin.

Yes we that price of bitcoin and the entire cryptocurrency market is unpredictable so anything is possible to happened, and of course i am not saying that it won't change but only saying that present there is no much effects to show that the market gonna change. Changes could take time effects maybe after the bull run we would know if that changes has really took effects, however we knew that the market is too volatile that anytime and many moment changes could come.

[SamReomo]

It's always scary when there is such crazy bitcoin price predictions as above. I know 2028 is a long way to go and many things can happen before then. But I am not optimistic at all. Before I will think of bitcoin hitting $240k to $300k, it must first be able to hit $100k.

Yes, $240k to $300k is a very high prediction but if Bitcoin somehow crosses $100k in this bull run then it can easily reach $240k in next cycle. There's possibility of Bitcoin getting huge dumps in coming days or weeks because of that Mt. GOX crediting, however if it somehow manages to stay over $45k despite huge selling pressure then it may reach or cross $100k this bull run and if that happens then it may reach or cross $240k in next cycle.

[KingsDen]

Generally @ImThour (bitcointalk forum UID 2775128) and @dragonvslinux (bitcointalk forum UID 1170966) have in-depth analyzes about this topic, I advise you to read them.

Gonna check them out. But it would have been easier if you dropped the link to the posts here for easy accessibility.

It's always scary when there is such crazy bitcoin price predictions as above. I know 2028 is a long way to go and many things can happen before then. But I am not optimistic at all. Before I will think of bitcoin hitting $240k to $300k, it must first be able to hit $100k.

Yes, $240k to $300k is a very high prediction but if Bitcoin somehow crosses $100k in this bull run then it can easily reach $240k in next cycle. There's possibility of Bitcoin getting huge dumps in coming days or weeks because of that Mt. GOX crediting, however if it somehow manages to stay over $45k despite huge selling pressure then it may reach or cross $100k this bull run and if that happens then it may reach or cross $240k in next cycle.

Well, nothing is impossible. You understood where my fears was coming from. If bitcoin should travel as high as predicted in OP, it should therefore stop it's downward movement. There's the extent it will go downwards and rising to that great high will be a problem. But according to you, if it makes 100k this circle everything is obtainable in the next circle.

[milewilda]

It's always scary when there is such crazy bitcoin price predictions as above. I know 2028 is a long way to go and many things can happen before then. But I am not optimistic at all. Before I will think of bitcoin hitting $240k to $300k, it must first be able to hit $100k.

Yes, $240k to $300k is a very high prediction but if Bitcoin somehow crosses $100k in this bull run then it can easily reach $240k in next cycle. There's possibility of Bitcoin getting huge dumps in coming days or weeks because of that Mt. GOX crediting, however if it somehow manages to stay over $45k despite huge selling pressure then it may reach or cross $100k this bull run and if that happens then it may reach or cross $240k in next cycle.

If we do speak about selling pressure then it would really be that much greater in compared into those early years or cycle on which we dont still have those institutions
that had been hoarding or accumulating Bitcoin which is unlike now that they do have tons of coins into their bags on which it could potentially that make up those kind of
possible selling their bags on the moment that they've seen that they are already on profits. This is why i dont see much reason that it could be able to fly out that much
in speaking about into this manner.

[JoyMarsha]

Think about it.

Bitcoin is sitting at $60k right now.

So that means the price between now and 2028 will literally finish between $240k and $300k.

We can't say, until when we get to see the ATH of bitcoin in next year's bull run(2025). Towards then, we can speculate and have an idea of what price are we to expect bitcoin to arrive at in the next bitcoin halving of 2028 since 2028 is the year of bitcoin halving. Although people will be looking at 2029 for ATH to come by, not 2028. That's how most of us are anticipating bitcoin to give ATH of $120k-$150k in 2025, not this year when bitcoin had its halving season

[UNIVERSE]

It's always scary when there is such crazy bitcoin price predictions as above. I know 2028 is a long way to go and many things can happen before then. But I am not optimistic at all. Before I will think of bitcoin hitting $240k to $300k, it must first be able to hit $100k. Me and you know that there'll actually be some selling pressure when bitcoin hits $100k and that pressure might impede further upwards movement.

Even if there is no such prediction, the dump is always scary. Yes, 2028 is still far from today, there is a chance of many changes in crypto market. I assume it is not impossible to see $240k - $300k, but it is not really convincing if we consider the current price. You're right, we even don't cross $100k. How can it can be $240k - $300k? Too early to predict it..

To me, the market will remain scary and unhappy till after the US elections, then I'll know the next move. Things are changing in bitcoin to the extent that historical data has began to fail.

I'm not really sure that crypto market won't be scary anymore when US election is over. If there is another negative news, the big dump will happen again and again.

[bitterguy28]

So we are now at the point were people get scared when the price goes to $50k or $60k, even though just 3 years ago, everyone was very bearish for that point.

Understandable, but today I'm going to tell you why the bitocin price can get even higher than this in 2025 if not earlier.

You see, it all starts with this graph:

Graphs like this boosts those who are slowly losing trust because of this dumping market in which I believe will bring more buyer at this point of dumping (like me who bought in 54kish again)

Now, what do you notice here? The multiplication factors for the last 3 halving cycles were:

54x
13x
7x

The jump between the first and second factor is a decrease by about 75%, while a 50% decrease happened between the second and third halving.

this make sense m because halving mostly brings that multiplier in bitcoin price since the first one.

So that means the price between now and 2028 will literally finish between $240k and $300k.

well 2028 seems far from what we are expecting this year and 2025 , but for those who are willing to keep holding till next halving? that seems to be a best interest.

[SamReomo]

Well, nothing is impossible. You understood where my fears was coming from. If bitcoin should travel as high as predicted in OP, it should therefore stop it's downward movement. There's the extent it will go downwards and rising to that great high will be a problem. But according to you, if it makes 100k this circle everything is obtainable in the next circle.

Yes, in crypto world nothing is impossible, who had ever thought that one day Bitcoin will be at $75k? Only few visionary people were having such thoughts and that's why they bought Bitcoin in its early days.

A few days ago someone sold 50 Bitcoin that he/she mined in April of 2010 and has hodl those coins for 14 years before selling those at $3M worth of value. I know that someone can be a lucky fellow to find his mined coins after 14 years and made $3M worth of fiat with those Bitcoin.

If that's possible and has happened then everything is possible. I'm pretty sure that Bitcoin will do quite good this time because it's now getting supported by major financial institutions. Those who're selling their Bitcoin might regret when they see Bitcoin at $100k or $250k or $1M within 10 years.

I'm not fully sure that how long it will take Bitcoin to reach $1M value but surely that thing can happen in future.

[Jewan420]

We should not expect too much from Bitcoin, expectations that will be difficult for Bitcoin to meet. We're all waiting for Bitcoin to halve and expect the halving to multiply. So $240k - $300k seems a bit high to expect. With a combination of bullish and bearish markets, I see 2028 ending between $180k-$220k. That's just my expectation, not expecting too much so I'm disappointed.

[JoyMarsha]

Think about it.

Bitcoin is sitting at $60k right now.

So that means the price between now and 2028 will literally finish between $240k and $300k.

It is a possible estimate of what the value of bitcoins will be by then. In the next couple of months, I expect the value to drop, which will create a scare in the market but will be in fact an opportunity for people to buy more bitcoin because, after the serious dip, the rise in the value will be massive enough to break the former high price that bitcoin has set.

By 2028, 240k and 300k are possible figures.

It is a very possible figure to happen around 2028, but I do expect the price of bitcoin to fall drastically below the stated price months later.

2028 should be the Bitcoin halving season. if we were to analyze what has happened in the past halving season of 2020 and this year, we would find out that Bitcoin first had an increased price before it began to fall in price months later. It was the next year that it made a huge price impact.

The 2020 halving season saw Bitcoin to a new ATH in the upper year (2021). This year(2024), we are going to witness the same next year(2025)

[target]

We should not expect too much from Bitcoin, expectations that will be difficult for Bitcoin to meet. We're all waiting for Bitcoin to halve and expect the halving to multiply. So $240k - $300k seems a bit high to expect. With a combination of bullish and bearish markets, I see 2028 ending between $180k-$220k. That's just my expectation, not expecting too much so I'm disappointed.

We always expect higher price as time flies and another cycle should move the price higher but seeing what the price today is still the price of the previous bull run, it might just be a slow climb from now on.

If Trump though could convert regular people to invest in crypto while the regulations isn't making the lives of investors a living hell, price will go higher. They say the bull run hasnt started yet so there is something to expect before 2025.

[MrSpasybo]

We always expect higher price as time flies and another cycle should move the price higher but seeing what the price today is still the price of the previous bull run, it might just be a slow climb from now on.

If Trump though could convert regular people to invest in crypto while the regulations isn't making the lives of investors a living hell, price will go higher. They say the bull run hasnt started yet so there is something to expect before 2025.

Investors are often cautious during accumulation phases and become overly greedy when the market recovers. We once talked about BTC reaching $50K in 2017 but it stopped at $20K, we once talked about $100K in 2021 but BTC stopped at $70K. The same thing might happen in this bullrun, meaning we hope that positive news such as BTC Spot ETF and Trump's support could push BTC price to hundreds of thousands of $ but the market has its own rules, corrections will still come despite our expectations.

Currently, I only dare to expect $150K-170K for BTC in this cycle. If BTC price can conquer higher prices, I will be able to make bigger profits, but I am also ready to liquidate all my crypto assets when BTC shows signs of breaking the growth pattern at any time in 2025.

[philipma1957]

We always expect higher price as time flies and another cycle should move the price higher but seeing what the price today is still the price of the previous bull run, it might just be a slow climb from now on.

If Trump though could convert regular people to invest in crypto while the regulations isn't making the lives of investors a living hell, price will go higher. They say the bull run hasnt started yet so there is something to expect before 2025.

Investors are often cautious during accumulation phases and become overly greedy when the market recovers. We once talked about BTC reaching $50K in 2017 but it stopped at $20K, we once talked about $100K in 2021 but BTC stopped at $70K. The same thing might happen in this bullrun, meaning we hope that positive news such as BTC Spot ETF and Trump's support could push BTC price to hundreds of thousands of $ but the market has its own rules, corrections will still come despite our expectations.

Currently, I only dare to expect $150K-170K for BTC in this cycle. If BTC price can conquer higher prices, I will be able to make bigger profits, but I am also ready to liquidate all my crypto assets when BTC shows signs of breaking the growth pattern at any time in 2025.

trump's support does not exist.

maybe it it will happen if he wins maybe not.

But his law ending like kind exchanges in Jan 1 2018 really really hurt crypto

[Asiska02]

So that means the price between now and 2028 will literally finish between $240k and $300k.

It's always scary when there is such crazy bitcoin price predictions as above. I know 2028 is a long way to go and many things can happen before then. But I am not optimistic at all. Before I will think of bitcoin hitting $240k to $300k, it must first be able to hit $100k. Me and you know that there'll actually be some selling pressure when bitcoin hits $100k and that pressure might impede further upwards movement.

You have a point in your stance on this discussion. Before we think about bitcoin getting to that price we should see it getting to $100K and creating a strong support there during pro-bull run season. The market price can still be trading a little bit below that price before the next halving that will lead to the subsequent bull run of it getting to that price. All this will only come after so many fluctuations and corrections in the market that we’ll be experiencing from now till then.

To me, the market will remain scary and unhappy till after the US elections, then I'll know the next move. Things are changing in bitcoin to the extent that historical data has began to fail.

A lot have changed in this cycle and so historical data can’t be a force to reckon on in determining bitcoin prices in the future. The one that caught my attention more is bitcoin exceeding the ATH and marking a new one even before the halving took place. First of its kind in the crypto world.

[KingsDen]

To me, the market will remain scary and unhappy till after the US elections, then I'll know the next move. Things are changing in bitcoin to the extent that historical data has began to fail.

I'm not really sure that crypto market won't be scary anymore when US election is over. If there is another negative news, the big dump will happen again and again.

Well, the nature of cryptocurrency market is always scary and unpredictable. When you think you must have understood the market it will eventually take you unaware. This is why we need to be precautious at every time in this industry that is full of adversity. However we know that every bad fundamental affects the market, but there are some fundamentals with major effects in the market which US election is one of them. One thing I don't understand about the US election in relation to the market behavior is that even when trump which is perceived as pro bitcoin makes statement in favor of Bitcoin it still doesn't rise. It seems it is an a journey to the bear road. This could be time to accumulate till after November.