Quote from: $crypto$ on June 26, 2023, 08:25:08 PM

Quote from: Agbe on June 26, 2023, 07:53:15 PM

Quote from: Odusko on June 26, 2023, 07:05:34 PM

Are we seeing that amount of bitcoin price this year, I dont think so with the current Bitcoin market behaviour it will be hard to know what will happen to the price and if bitcoin is going to reach that price of 100k as you speculate.
Because from the look of things Bitcoin may not go above 60k price this year 2023 and before the halving, because if Bitcoin reaches 100k before Bitcoin halving it may become hard to see another bull run after the 2024 halving.

Bitcoin price is always unpredictable so what is happening in this year is part of the volatile nature of Bitcoin. Bitcoin reaching 100k$ this year is not possible. Even 60k$ is not possible it is a prediction so everyone is allowed to say what the future of Bitcoin will be. As for me this year Bitcoin prediction will be about 35-40k$ and next year will be 60k$.

I feel that it is indeed impossible to reach 100k this year but the predictions are exaggerated even though bitcoin fluctuates a lot but everyone is different in analyzing speculation but I think 50k may still be very realistic to achieve.
for 2024 the reality could be even higher after the halving but in that process there are always long sideways before the recovery towards the real bullish one, I only predict that at the end of 2024 bitcoin will be pumped significantly.

If bitcoin can hit $100k in this year, that means history will be broken because bitcoin has never been able to make a new ATH before the halving. I still believe in history repeating itself rather than expecting a miracle to happen this year. Moreover, the world economic situation is still very unstable, and all other financial markets are also in the doldrums. That shows that not many people are excited to invest at this stage, so it is hard to expect a new inflow of money into the market to push the bitcoin price up. What's going on is no different in 2019, history is repeating itself, so a target of $40k or $50k is a more viable target for us.
Yes, bitcoin will be pumped in late 2024 or Q1 2025, and ATH will be generated in Q3 2025, IMO.