Quote from: Ndabagi01 on Today at 07:29:53 PM

Quote from: Shumyl on September 25, 2023, 07:30:10 AM

What do you think about what is the feature of Bitcoin, can Bitcoin touch $50,000 in 2025? I think that Bitcoin will go to $50,000 but not in 2025, maybe in 2026.

50K in 2025? I strongly disagree with that.
With the greatly anticipated increase in bitcoin price, many people will forecast that it will go as far as 2x of what you're projecting, and no one can deny the reality because the market is volatile and anything can happen. All of this speculation, I could give you my own analysis of what I believe is the highest price it will reach by the end of 2025 and you'll believe it, and then someone else will come out with another analysis that differs from mine but is still credible. As a result, the bitcoin price will rise as far as the market allows.

Same here, 2025 should be the year when Bitcoin breaks its ATH according to the cyclical pattern of a 4-year cycle. So @OP has a point in saying that $50k will not happen in 2025 but possibly in 2026.

Quote from: _BlackStar on Today at 09:06:20 PM

Nothing can convince you 100% about the future of bitcoin – including its price. This is something special about bitcoin which is basically believed to be an asset that performs well compared to many other investment assets – but still consider your risks if you want to invest. The facts are like that - but volatility is just a dynamic that will be present in trading all the time.

True that since the future of Bitcoin is still an unchartered territory. No on can see the future, although there are hint of events happening, it may or may not happen depending on the other factor revolving that event.

Quote from: _BlackStar on Today at 09:06:20 PM

If you want to invest - then do analysis. We cannot guarantee that you will get a return from your bitcoin investment even though there are factors that support that - but once again you are the person most responsible for whatever your own investment decisions are. Do analysis and research and don't take other people's predictions as financial advice.

It ia very wrong to take prediction as financial advice because there predictions are just guesses of the possible future price of Bitcoin and is not guaranteed to happen.