Initially I had a target of $150k, but looking at the current situation it seems like $150k is too high. currently my target is at $100k-$120k. If the halving occurs on April 16 or 17, it means the halving will start in less than 20 days. My estimate is that when the halving starts the price of bitcoin will be around $80k, and my mind says $190k or $150k is too high.
That's the so much trust of you in bitcoin mate that you even expect halving will bring that much for the price of bitcoin while I do believe that market will change after halving , it may drop badly that we need to wait till next year before the big recovery happens and to record the another ATH that will be 6 digits value.
but try not to expect too much mate , because remember that sideways may happen.
I guess $190k is actually too high to expect this time. Halving is almost near and yet bitcoin price still range at $65k-$70k. So for me, we could reach $190k not actually after halving but most probably at the end of the year, which I’m still even hesitant for that price. However, bitcoin is still highly unpredictable and it could offer us a price we least expect. There are still 8 months to go left so let’s just continue watching how far bitcoin price can go.
Totally high but we do know that everything is really that possible on crypto space specially if its a community driven kind of demand + hype or + Fomo then for sure we might be able to hit up those numbers.
Even on last year on which there are really that even rumors that Bitcoin could play around $300-400k on this bull run cycle but its true that it would really be better that you shouldnt really be that too optimistic
when it comes to this manner because once you do make yourself that too optimistic then the price didnt hit up on the desired numbers that you are expecting then you are just basically making yourself
that getting disappointed.
$190k for this year 2024 isnt something that could possible if we do base up when it comes history and the movement of prices now, come to think that even breaking $80k price point
is already that hard. There would really be tons of tough resistances on +10k increment on which these are the levels which cant really be easily be break easily.
This is why it would really be better that you should really just go with the flow.