Many expectations of bitcoin this year failed, but I notice that bitcoin always breakout into a new price after interval of five years, the last massive explosion of price was between 2017-2018 and since then, bitcoin has not record major price increase. Now if you calculate from 2018 to 2023 that's about 5 years though because of policy of economic inflation and influence the price has not gain its actual strength to break resistance limits and if the remaining quarter of the year fails even more, then we should expect 2024 to 🔥🔥🔥🔥🔥🔥 fire. We should start to make plans for 2024 more buys more gains.
While I agree with you that 2024 is important for the next period of the bitcoin market, I think we shouldn't be putting too much pressure on the BTC price to reach a certain level. Many investors have already spent the last 18 months to add to their Bitcoin holdings as they expect a price rise in 2024 due to the halving. Don't get me wrong, like you I am very optimistic for the next year and expect prices to rise. The problem is if many investors all expect the same thing, it can lead to a problem if the situation turns out differently. In case investors are using more money than they should and already rely on a big profit coming from Bitcoins next year, this could turn ugly very quickly. Even if the prices only rise moderately to 35-40,000 USD for example, investors could start selling their coins in large quantity to take the profit they need. Which would lead to large drops in prices. The long-term trend of Bitcoin is positive and it’s only a matter of time before we reach another ATH, just don't feel bad when your price target is not reached in 2024.