Post
Topic
Board Trading Discussion
Re: This Will give you motivation to learn finances and market the right ways
by
Gallar
on 24/08/2023, 09:18:51 UTC
I call 19300$ lowest for the btc in the next one year time period.
Honestly, I doubt in the next year bitcoin will decline past $20k in price. Because in the next year bitcoin will face a halving cycle, which usually bitcoin price will increase. Indeed, there will always be a decline in the price of bitcoin, including in the next year. But I think your prediction is too exaggerated. Because as far as I know, the price of bitcoin will experience a fairly deep decline, that will be after the bull run market is over, and that might happen in the 2025-2026 range. Why is that, it's because when a bull run market occurs, many bitcoin investors sell their assets, so the price of bitcoin will definitely decrease.
Quote
And It seems like 35-40k highest price for btc.in the next 2 years.
In my personal opinion, the price of bitcoin will be more than the price you mentioned. Because if you don't know, as I wrote above, next year bitcoin will face a cycle called halving. So after the halving occurs, the price of bitcoin will usually experience a sizeable increase or what is known as a bull run market. Well, it all happened, because it has become a trend for investors in bitcoin every four years. What makes bitcoin investors hodl their respective bitcoin assets, to wait for the halving and the bull run market to sell the bitcoin assets they own.

And OP, advice from me, looks like you should learn a lot more before making a thread like this, because by now I see you've got two red stamps.