Post
Topic
Board Speculation
Re: Bitcoin 190K in 2024?
by
AirtelBuzz
on 08/04/2024, 06:28:06 UTC
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 don't think it's possible for Bitcoin to ever hit 190k before the halving starts.  Because Bitcoin is likely to hit 190k by the time the 2025 Bitcoin bull run begins. Because the Bitcoin price hit its peak during each bull market, the year 2025 should be targeted for the Bitcoin price to reach $190k.

I also don't think bitcoin price will reach $190k dollars before bitcoin halving.According to today's market, the current price of Bitcoin is above 69 thousand dollars and on the other hand, Bitcoin halving is only 12 or 13 days away.It is almost impossible for the price of Bitcoin to reach such a high in these days, yet many are optimistic and predict that it may reach before the halving.If we go by your words then we will be at the beginning of bullrun season by early 2025 which means Bitcoin price will increase by a lot without doubt.

Bitcoin halving will be organized this year which will lead to temporary market correction and then we will again see the upward trend of the market.Bitcoin price may not reach $190k by 2024, but it will probably get very close.