Quote from: Bitcoin_people on Today at 04:39:49 AM

Quote from: Negotiation on July 28, 2023, 02:03:51 PM

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.

No one can know or predict the market with 100% accuracy, but by doing some analysis of market behavior in the past or recent years, we will at least know where Bitcoin is going. Well, I have heard from several sources including experts saying that Bitcoin will be able to touch $100k at the halving in 2024, and with this news I see many of them increasing their investment value. But so far I can't believe it for sure because there hasn't been any movement indicating it with certainty. Indeed, if we look at Bitcoin's current bearish position and it is still far below, it is still far enough to touch the estimated number. In my opinion, with the current conditions that are still bearish, it is unlikely that Bitcoin will reach a price of $ 100k at the 2024 halving, but indeed there is still a possibility for us to hope for more, because as mentioned above, no one can know or predict for sure and Bitcoin itself is very volatile so there might be something surprising from a significant bearish to bullish price change in the future, we'll see.