Quote from: flyingcarpet on July 27, 2023, 06:45:45 AM

Quote from: Razmirraz on July 27, 2023, 03:57:17 AM

Quote from: chillaxe on May 06, 2023, 09:42:43 PM

65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

Bitcoin's volatility has spawned various speculations about its future price, at least until the close of 2023 at the earliest. What if I think maybe a Final bullrun at 150K, anyone can speculate based on the level of confidence in the potential generated by Bitcoin in the future. Then what have you prepared to welcome the bullrun, of course it will be very helpful to increase the number of your wealth list if you have collected Bitcoin little by little before the moon shines again. Logic that can't be denied, investors who already own Bitcoin will certainly expect Bitcoin to reach its highest price soon.

I do not expect such a price increase for the end of this year. There will be corrections and Bitcoin's rise will be gradual. This form of ascension also means that it rises with firmer steps. There will always be speculations, but prices like 100k 150k are very high. We will go up to these prices, but it is still early.

What we need to do is collect as many Bitcoins as needed before reaching the Bitcoin target. We're talking about time, but no one knows how soon Bitcoin will rise. That's why we should increase the amount of Bitcoin we have at every opportunity.

I expect Bitcoin to rise to its speculated levels between $100K and $150K in the nearest future, but certainly not this year, and it's for obvious reasons. I've made a series of analyses about this on the forum and many times offline since April even when the bullish trend was still so strong. It's the same result I get with both technical and sentimental analyses (investors will). And it's not about the fact that it's too early to ascertain as you mentioned, that's what it would do and you can take my word for it. The only thing that could make it move so high is very positive news like say China has lifted its ban on the coin...lol, which I don't see feasible this year. The usual macro and micro economies and data would be playing their effects as usual but the impact would always be minimal as the market would continue to weigh it appropriately as it has been doing since it hit the first ATH of 2023.

Extensively, I expect it to move within $28.5K and $32k for now, and even if $32k is breached upwards, there are other strong barriers at $35k and 37K waiting for it this year. In a nutshell, I don't see it moving above $40K this year, talkless of 100K. But some dangerous bullish run is expected around April and May 2024, and the reason is because of the halving tradition that is awaited. People would not want to miss out anymore, and it could cause a ripple effect that might get Bitcoin to $100K or almost in a few months after.