Quote from: n0ne on September 22, 2023, 11:59:33 PM

Quote from: Falconer on September 19, 2023, 08:59:55 PM

Quote from: GeorgeJohn on September 19, 2023, 07:49:04 PM

Quote from: happyness on September 19, 2013, 03:36:37 AM

-snip-

This particular predictions can not take us to anywhere, because it's this kind of predictions of bitcoin that makes some people to hope that with this the price of bitcoin will get one particular point, so right now, the price of bitcoin is unpredictable and its obvious that the price is been determined by the gravitational force that is behind the mining and demands and supply of bitcoin, this three things I mentioned is the force behind the market of bitcoin been positive or negative, when the demands is of higher potential than the supply it triggers the increased in bitcoin

It is always difficult to predict prices that are basically about 10 years in the future. Everyone was skeptical about the future of bitcoin back then and I'm not sure if anyone ever expected $150k by 2025 when making predictions in 2013. High demand as the community grows and adoption obviously makes the price even more expensive, so the same scenario could also repeat itself in 10 next year.

Price prediction of bitcoin is really tough. Even the experts weren't able to come with perfect prediction based on the changing market. Over every halving there used to be big rise in the price of bitcoin. During the 2016 halving there is no big expectation and surprising move happened and price peaked above $20k. From that point people started to expect big on the next halving, and the same is being now the reason for a big price expectation for the upcoming 2024 halving which could drive the price movement till 2025 or even after that.

It's not that it's difficult to predict the price of bitcoin, it's that we can't predict it, the future is something that even so-called experts cannot predict. If someone knew what would happen in the future, I don't think they would still appear online and tell us about the future. Stop following so-called experts, you should make your own analysis and predictions.

History has shown us that all three bull market occurred after the halving, so it's no surprise that people continue to believe it. Furthermore, as an investor, we must always be confident in our choices, so expecting a bull season in 2024 is the right thing to do as a bitcoin investor.
I don't know what the all-time high price of bitcoin will be in 2025, but I will sell bitcoin according to my plan, I will not wait to sell at the highest price because it is unpredictable.