Post
Topic
Board Speculation
Re: Bitcoin 190K in 2024?
by
Yaunfitda
on 12/04/2024, 11:41:35 UTC

And many prediction models place the future price of bitcoin into 190K.
Is 190K too humble or very generous in your consideration? What's your price plans for selling your holdings?

I think it is not unreasonable to have such prediction for bitcoin at this season of halving. The block reward is going to reduce and that means miners would want to add in price before they sell so it is reasonable that volatility will rapidly start to happen as soon as the block split. I would predict around 150k - 200k . So at the point of slight price above 150k, it is suppose to be time to get ready for drop .
I mean everyone has their right to predict what will be the price this year, not sure what prediction model he is referring to but I have a idea already and it did predict $100k last bull run but it never materialized. Anyhow, it's just a wild and educated guess, if it happens then we will be happy to see. But if not, then we still have a good year in 2025 so see how big this bull run is. Let's just say that we will be overjoyed at $100k for this year, and then when the parabolic rise continues, then $150k could be a good conservative estimate as our new all time high for this cycle.