Quote from: justdimin on Today at 04:16:23 PM

Quote from: Bonny070 on March 28, 2024, 08:25:41 PM

I'm seeing Bitcoin rising to $400,000 before the first quarter of 2025, the bull run this time it will be different from the last one. Bitcoin is $70,000 now the halving have not started, I'm looking at the market that this is the right to buy and hold after the bull run then you sell and make your triple profit.

That might be a little too high. We need to keep the realism in check because if we keep thinking that it could do this high and this well, then things will not be that well in the end neither.

I personally believe that we are going to end up with a result that wouldn't be this great, and if we expect it to do this well and it doesn't? That would mean that we would be unhappy when we fail, while making a profit. Imagine a person who buys it at 70k, and it peaks at 210k, that guy made x3 return, but because he was waiting for 400k, he would be sad. He might even not take advantage of what he has, and that could cause a lot of trouble to a lot of people as well. I believe the best we can do would be just making sure things are going better.

For now yes, $400k seems to be very high, so for me at least let's test $100k first and then see how it goes. Not saying that we can't reach $400k, we've seen throughout Bitcoin's past history that everything is possible. And there are people who doubt it, but then regret their decision later when it when from $1.00-$100 and then higher.

So currently the price is around $70k and see how this bull run will go for us.

And then after than, the next block halving and then next, but this bull run? I doubt that $400k is achievable, just trying to be realistic here.