Post
Topic
Board Speculation
Re: Bitcoin 190K in 2024?
by
justdimin
on 12/04/2024, 17:01:04 UTC
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.
I do agree that it is not an easy one, that is why most people do not really see what's going to happen and they do not have a real understanding on what could be the best way to move forward with this. I think it is quite important to realize that we are going to end up with a good return one way or another, it's just not going to be easy that's it.

I hope that things do get better for us, and 100k+ seems like a possibility, we just need to wait a bit more, it may not happen right away, we may need to wait like maybe 6 more months before that happens. I am neither saying it can't happen earlier, nor saying it will surely happen after six months, all I am saying is that this is also a possibility that I see that could be the result.