Post
Topic
Board Speculation
Re: Your educated guess on BTC price at the end of 2024
by
Marvell1
on 04/04/2024, 09:29:11 UTC


My guess is also within the $80,000 range. It might be around $85,000. By the end of the year, it's already around 8 months after the halving. So I believe that's already a point when the effect of the reduced block reward is felt. The effect of the halving is gradual. That's why the ATH that usually follows after the halving will take at least a year. Since it is already 8 months after, the price must have already absorbed the halving. This will probably approach $100,000 in the first quarter of 2025, although it could also happen early, meaning within 2024 itself.

With such speculated price, people should think on how to invest in this market or how to accumulate more as the price is going to 65k level. That's a very good profit if in case, it will go up to 85k range. However, do make sure that you know your financial limits when it comes to holding as you'll never know what's gonna happen next on this very volatile market.
that 65k is still the price of bitcoin up to now and still no plans of growing more ATM .

by chance that in 15 days we will be having that halving here? if the price do not spike at 80k
after halving then I believe that we will not see that in the whole year.

On what basis do you confirm that if bitcoin does not reach the $80k before and after the halving, we will not see it until the end of the year? Do you have any proof or are you just making a baseless guess? If it is an unfounded prediction then never be sure of anything and don't forget bitcoin is very unpredictable. Like bitcoin broke its ATH before the halving, did you have any predictions about that or were you also surprised at what bitcoin did? I think you're too pessimistic about bitcoin.