Post
Topic
Board Bitcoin Discussion
Re: 2024 Bitcoin Halving - What are Your Expectations!!!
by
cryptosize
on 13/10/2022, 20:47:01 UTC
Having that in mind, after the 2020 halving, we saw bitcoin rallied to $68k ATH from a previous price at $20k ATH in 2016.
A slight correction, the previous ATH occurred in 2017 and it was around December.

$100k has been an expectation for bitcoin before we did hit the bear market.  It remains an expectation still and could be archived after the halving.
Well we have to be aware and have to stay realistic that there is no guarantee about $100K after the 2024 halving. It's just a hope that may not come true especially if the world economic conditions get bad. I can't expect that $100K ATH to happen between 2024-2025, there has to be something big happening there including an influx of institutional investors and more adoption. Optimistic of course, but be wise.
Climate change mitigation measures/green energy (costing many trillions of dollars), China invading Taiwan, USD no longer the global reserve currency, hyperinflation kicking in and potentially hyperbitcoinization...

These events will happen around 2025, just in time for the next bull run.