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Author Topic: Bitcoin will hit $300k🔥  (Read 3488 times)

Online Stompix

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Re: Bitcoin will hit $300k🔥
« Reply #15 on: October 20, 2024, 03:09:09 PM »
Quote
Again, let's consult history—
 
In 2016-2017 bullrun after the golden cross, Bitcoin pumped over 2,300%
 In 2020-2021 bull run, after the golden cross, Bitcoin pumped to over 500%

Whenever I hear those I have the urge to tell them to look in $ the value and when you look like that you see that Bitcoin has grown from 1k to 70k since 2013, when you avoid percentage growth and you see an average value growth of $7000 a year the optimism starts to fade away a bit.

Also the 100 000x for meme coins is a bit ridiculous, the only coin that managed this was Shiba with 200kx but that was only because it was trading at something below 10 decimals after zero, no way for other meme coins to gain those, you would need trillions for that and no, those trillions are simply not there.

Now, if you look at what this guy says, with a 5x for Bitcoin, a 8x for ETH and 20-100x for altcoins we're already in the 15-20 trillion market cap range increase, so...common!

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Re: Bitcoin will hit $300k🔥
« Reply #15 on: October 20, 2024, 03:09:09 PM »

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Re: Bitcoin will hit $300k🔥
« Reply #16 on: October 20, 2024, 04:21:45 PM »
I'm a a crypto enthusiast too and specifically a bitcoin enthusiast. Well what the guy says is very possible but I'll just summarise the whole thing to time and government regulations and rules. Bitcoin within less than two decades has built so much adoption enough to push it's price from being just the worthless first crypto currency to the most important and valuable crypto currency in the market today.

It's difficult to get  a market pair that is a crypto currency to be on a steady uptrend for a very long time without consecutive pullbacks at intervals. And that's the main reason bitcoin won't get to $200k very very quickly since pull back slow the market down a bit.

Yeah, Bitcoin has built itself not just as the most valuable asset in the crypto world but also the most traded assets globally. Generally, Bitcoin has witnessed huge adoptions over the last two decades but there are factors that has kept the price movements at a slow pace, and some of these factors includes,
Market makers: Market makers, especially big whales try to control the market at their own will by dumping the market with heavy supply.
Again, market pull backs, as you have mentioned will always take place at certain time, and also at certain intervals too, there will always occur some trends corrections.

In additions, negative speculations, fear and greed, poor demands are added factors that hinder Bitcoin continueous price increase. I think price will be moving gradually till it hits $300k in near future.

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Re: Bitcoin will hit $300k🔥
« Reply #16 on: October 20, 2024, 04:21:45 PM »

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Re: Bitcoin will hit $300k🔥
« Reply #17 on: October 20, 2024, 07:39:02 PM »
The value of bitcoin like any other investment can fluctuate over time. Although it has experienced periods of decline in the past, it also has the potential to increase in value in the future. It is important to remember that cryptocurrency markets can be extremely volatile and unpredictable. So all future predictions may not be correct. But i always assume that the future of bitcoin always has only two possible outcomes. it will either go to zero or be worth millions of dollars. That simply means it will either be a bright future or a very dark place. Still very few people actually own the wealth like in my family me and my brother own it and the rest don't know about it. So we can definitely expect good results if bitcoin investors increase in future.

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Re: Bitcoin will hit $300k🔥
« Reply #18 on: October 20, 2024, 08:08:52 PM »
I thought this was a prediction tweet or something, but it’s just sharing his opinion and providing facts. I thought it was something like an incredible post from the past. I’m thinking we will be checking this once we get to that goal price, you know?

There should be a lot of money coming in to help the BTC market reach that high, but maybe more sources will be available in the future.
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Re: Bitcoin will hit $300k🔥
« Reply #19 on: October 20, 2024, 08:16:00 PM »
~snip

So, I am curious to learn what ya all think, do you think he is right?, or wrong? Or are you just in-between this two opinions? Let's discuss about this and as well, the supposed coming bull run.

Well, so far so good, I don't think the guy has said anything that is not correct, in other sense, he is right from the way he has analyzed history. Maybe the recent sudden pump is probably an evidence to back his claim or the market moving crazy again with some speculation, we can never know. What if his prediction turns south (which we don't hope for), and his prediction or should I say analysis, don't go as predicted?. In 2024 alone, we've witnessed few pumping activities, which the ETF approval incident was actually the first. Bitcoin even hit it's ATH, which was never part of history. After the halving, we didn't get much until recently.

To me, this is probably one of those speculation that comes as a result of certain activities that has occurred before. In as much as we ought to be prepared at all times for any possible opportunity (wether bull or bear), borrowing seems to be a terrible advice.
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Offline Fivestar4everMVP

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Re: Bitcoin will hit $300k🔥
« Reply #20 on: October 20, 2024, 09:15:42 PM »
I thought this was a prediction tweet or something, but it’s just sharing his opinion and providing facts. I thought it was something like an incredible post from the past. I’m thinking we will be checking this once we get to that goal price, you know?

There should be a lot of money coming in to help the BTC market reach that high, but maybe more sources will be available in the future.
Well, I honestly also think that the guy who posted that tweet exaggerated a bit, bitcoin reaching $300k in a few months or weeks from where it currently is today appear to be more impossible than it appears to be possible, I am very optimistic in the price increase of bitcoin in the coming months, but not in the tune of it increasing to a whooping $300k, if the price of bitcoin reaches this height, man, the entire crypto market and Ecosystem will be on serious fire.

Personally, I am expecting to see the price of bitcoin grow to atleast, $120k to $150k, at $150k, we already have more than a very good bull run, but then, I am still yet to see a catalyst, because currently, I don't believe even Trump winning the coming election will be able to get bitcoin to that price, but all the same, let keep watching with our fingers crossed.
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Re: Bitcoin will hit $300k🔥
« Reply #21 on: October 20, 2024, 10:50:43 PM »
There should be a lot of money coming in to help the BTC market reach that high, but maybe more sources will be available in the future.
I don't really mind predictions like this, anyone can make their own personal prediction, we have read some crazy predictions in the past and we usually get more of it after the halving. $300k is not such a crazy prediction, it is very possible, i am not just sure if it can happen this cycle, but it will in the future.

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Re: Bitcoin will hit $300k🔥
« Reply #21 on: October 20, 2024, 10:50:43 PM »


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Re: Bitcoin will hit $300k🔥
« Reply #22 on: October 20, 2024, 11:04:53 PM »
Too much hype, i say. But it could be possible, but 300k is too much, even reaching 100k will be hard knowing lots of people probably sell their holdings once it reached that height so price will be pulled down for a moment or for longer time.
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Re: Bitcoin will hit $300k🔥
« Reply #23 on: October 20, 2024, 11:05:44 PM »
There should be a lot of money coming in to help the BTC market reach that high, but maybe more sources will be available in the future.
I don't really mind predictions like this, anyone can make their own personal prediction, we have read some crazy predictions in the past and we usually get more of it after the halving. $300k is not such a crazy prediction, it is very possible, i am not just sure if it can happen this cycle, but it will in the future.
Well yeah $300k moght be that high for a bullrun but you are right that maybe it will take time to reach that range not unless something is pushing that into the ceiling. There could always be something that will trigger the price to get up that high but at this moment we don't have any idea what it is so that is what we are going to see and wait.

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Re: Bitcoin will hit $300k🔥
« Reply #24 on: October 20, 2024, 11:59:08 PM »
Well yeah $300k moght be that high for a bullrun but you are right that maybe it will take time to reach that range not unless something is pushing that into the ceiling. There could always be something that will trigger the price to get up that high but at this moment we don't have any idea what it is so that is what we are going to see and wait.
Maybe this will be rumored again after the next bullrun. But for the bullrun predicted in 2025, it will not be easy to meet that number, even though the increase is drastic compared to the past.

As for the $300k rate, maybe in the next bullrun, 2x again, maybe. This is reasonable enough so that we can prepare. Because we don't need to expect too high which might actually harm us if we are late in taking profit because we expect a rate that high.
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Offline SamReomo

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Re: Bitcoin will hit $300k🔥
« Reply #25 on: October 21, 2024, 01:31:24 AM »
Bitcoin will hit $100k that's true and that's going to happen very soon but one it crosses $100k then there's high chance that it might not be able to move upward once again or there's chance that it might reach $120k or $150 when bull run gets intense. However, the prediction about meme coins is true this time, I believe this bull run is going to favor meme coin holders way more than others.
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Offline enoch_from_off

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Re: Bitcoin will hit $300k🔥
« Reply #26 on: October 21, 2024, 11:46:43 AM »
Bitcoin will hit $100k that's true and that's going to happen very soon but one it crosses $100k then there's high chance that it might not be able to move upward once again or there's chance that it might reach $120k or $150 when bull run gets intense. However, the prediction about meme coins is true this time, I believe this bull run is going to favor meme coin holders way more than others.

Only time will tell, however, I do see the BTC rally going with a bigger force as time goes on, and in one moment, the rally is going to explode, bringing the price high above as we imagine it would do.

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Re: Bitcoin will hit $300k🔥
« Reply #27 on: October 21, 2024, 12:19:19 PM »
Bitcoin is one of the best valuable crypto in cryptocurrency world. I think that gradually bitcoin price will increase. Because if we follow in cryptocurrency market we saw before in few month its price will down. But if we can see in cryptocurrency market bitcoin price is increase day by day. So i believe that in future bitcoin price wil hit $100k-$150k. But i Couldn't believe that bitcoin price will hit $300k. I also believe that within a short time bitcoin price will hit on $75k. But if iran and Israel war held in this time, it could be best problem for increase bitcoin price.
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Offline Jating

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Re: Bitcoin will hit $300k🔥
« Reply #28 on: October 21, 2024, 02:37:35 PM »
There should be a lot of money coming in to help the BTC market reach that high, but maybe more sources will be available in the future.
I don't really mind predictions like this, anyone can make their own personal prediction, we have read some crazy predictions in the past and we usually get more of it after the halving. $300k is not such a crazy prediction, it is very possible, i am not just sure if it can happen this cycle, but it will in the future.
Well yeah $300k moght be that high for a bullrun but you are right that maybe it will take time to reach that range not unless something is pushing that into the ceiling. There could always be something that will trigger the price to get up that high but at this moment we don't have any idea what it is so that is what we are going to see and wait.

Well as what they say, anything can happen in crypto, however, I do believed that we should be predicting prices that are reasonable and not that absurd though. Maybe they put it that way because of click bait and views. But for Bitcoiners, I think it's not going to be hit at least in this bull run as we are just looking for $100k++.

Nevertheless, maybe in the next iteration, maybe $300k is just the beginning and we might go as high as $500k. So for now, let's just enjoy this bull run and see how far we can go and hopefully, $100k at least can be touch.
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Re: Bitcoin will hit $300k🔥
« Reply #29 on: October 21, 2024, 03:46:28 PM »

There are stories about super cycle where this bulldog run could be a super cycle which this could continue up to more than a year of bullish market which this time the alt coins could break it's previous ATH.

Crypto market isn't surprisingly crazy so we know when it's bullish, price could shoot to mars and back to earth and back to the stars. 300k is possible I guess.

 

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