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.
I want to stay optimistic about $100k or at most, $150k, and I don't want to have unrealistic expectations from Bitcoin and the market. For it to reach $400k, we will need a lot of investors and a lot of money flowing into the market, the first quarter of 2025 is barely a year ahead, and I don't think we are going to get that many investors or investments in this period.
That being said, I would also say that the market is unpredictable, we have seen things happening that looked like impossible in this market, so nothing is really impossible, but we should have realistic expectations so that we don't hurt our feelings and so that we can stay ready for any sort of situation that may occur.
Even if it took us a lot of time we have learned our lesson, I still remember the predictions back in 2017 that said that bitcoin could reach one million dollars in a matter of months, and many investors actually believed those numbers were possible.
Now we know that such a price is still very far away, and even if 400k is a goalpost that it is easier to reach, at the same time it is a price that seems to still be out of reach, and at best I would expect to see that price until 2029.