Post
Topic
Board Speculation
Re: BTC 100K FOR 2024 !
by
Bitcoin_people
on 29/07/2023, 04:39:49 UTC
No one can predict accurately what the price of bitcoin will be in the future. We can only speculate and of course sometimes these speculations do not fully correspond to reality.

If you well go into the area of discussion here, you will discover that no one is giving a precise rate bitcoin is getting to this coming year 2024, they are just what we perceived coming and have gone through them base on the past records on bitcoin in knowing the rate to how bitcoin skyrockets during and after each successful halving in the past, which indicates that this coming year also will not be an exception as well because bitcoin will taste the value of six digits next halving as if already had $68,000 ATH on record.
It is very difficult to predict the exact future of the crypto market because there is always volatility in the market. Although it is impossible to predict the exact price of bitcoin in 2024 with certainty, various research studies have attempted to provide estimates based on historical data and current trends. I don't think $60K was the top. Bitcoin price may go higher because I don't see the type of trading that usually happens after the ATH red dot. In fact the bear market is only a few months away from the blue point.
Yes it is very difficult to predict the market, it is impossible to tell when the market will go up and when it will go down. Although many studies predict that Bitcoin will be worth $100k in 2024, it is not clear how certain it is. However, if the Bitcoin halving happens in 2024, it can be confirmed that the Bitcoin market is likely to grow again. Although the Bitcoin market is currently in a bear market, it is expected to turn into a bull market after the Bitcoin halving.