Quote from: Silberman on Today at 07:49:02 AM

Quote from: Maslate on April 10, 2024, 11:51:53 PM

I think predicting $150k at the end of the year might be achievable. We have still 8 months more to go before this year ends and bitcoin may end up doing surprising moves in the market that will make its own price instantly jump too high. For me, that is still possible with bitcoin. Let’s not just focus on how bearish the market will be right after halving, for me this is still a prediction since not all the time history repeats itself. It could be the other way around as we can’t overlook the high potentials of bitcoin.

Everything will depend on where we are on the bull run cycle at the time, it seems that this time around the bull run may take place before the previous cycles, and if that is the case we may see a price of bitcoin much higher than what we anticipated during 2024, a good thing for all of those that took the time to invest in bitcoin during the bear market and the previous bull runs, but a bad news for those that were thinking about buying bitcoin until 2025.

$100k per BTC is still realistic to achieve by the end of 2024 but I don't think it will reach $150k.
Even though the supply from miners will decrease, but BTC price is not cheap anymore and the demand will also decrease.
Also big institutions and whales might taking profits by sell some of their savings when the BTC price is higher than $80k later.
The market will always panic when someone/company sells bitcoin in large quantities, I think the highest ATH in this year will probably only touch $90k per bitcoin.