Post
Topic
Board Press
Re: [2023-11-17] Analysts Forecast Bitcoin Surging to $45,000 by Year-End 2023
by
CryptoKaZee
on 26/11/2023, 18:58:18 UTC
It is always so funny when these analysts suck future prices out of their thumbs.  Roll Eyes Yes, IF the ETF is approved, demand for Bitcoin might increase... but what happens if something else goes wrong and it cause the opposite affect?

We know negative news has a much bigger affect on the price, so it just takes one small hack or one politician making some shitty comment for the price to go down again.

Let's just keep buying... and what will happen... will happen.  Roll Eyes
It is always so funny when these analysts suck future prices out of their thumbs.  Roll Eyes Yes, IF the ETF is approved, demand for Bitcoin might increase... but what happens if something else goes wrong and it cause the opposite affect?

We know negative news has a much bigger affect on the price, so it just takes one small hack or one politician making some shitty comment for the price to go down again.

Let's just keep buying... and what will happen... will happen.  Roll Eyes

Bitcoin (BTC) price prediction
DigitalCoinPrice anticipates an optimistic Bitcoin price forecast for the coming years. Their BTC forecast for 2023 suggests a significant rise in Bitcoin’s value, estimating it to reach around $74,086.

Looking ahead to 2024, the BTC price prediction by DigitalCoinPrice becomes even more promising, with an expectation of Bitcoin’s price climbing to approximately $90,228.

On the other hand, CoinCodex offers a near-term Bitcoin price prediction that is a bit more conservative.

As per their forecast, by Nov. 29, Bitcoin is anticipated to be valued at about $54,343. This BTC price prediction, while lower than DigitalCoinPrice’s, still reflects a positive outlook for Bitcoin in the short term.

It’s crucial to approach these Bitcoin price predictions with caution, keeping in mind the volatile nature of the cryptocurrency market.

Remember, investing in cryptocurrencies like Bitcoin should always be done judiciously, never exceeding what one can afford to lose.

Read more: Why Bitcoin price predictions often miss the mark