Post
Topic
Board Speculation
Re: are you expecting Bitcoin to hit $400,000 after the bull run.
by
Fatunad
on 17/04/2024, 20:28:05 UTC
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.

And now it's $60k as there was a lot of selling before the bull run itself. Remember as well that in the last bull run, there are people seeing that the price rising to $100k, so we might compare your absurd prediction to that.

The price didn't go to 6 digits, the all time high that we got is $69k (although it has been broken pre-halving).

My point is that sometimes there are predictions that are not going to happen as much as we wanted to believed. I guess the key here is for us to just stay on our predictions as conservative or doable and not numbers that are not reachable to be honest. So that we won't be disappointed in the end just like the last time.
It wont really be a smooth sail ride even if we do talk or speak about $100k price, how about on $400-500 in a bull market? Yes, there's no one would really be able to know on where it would really be having its peak
but we know that the potential would really be having no limits. It would really be just that depending in overall recognition and demand on which these factors are the main ones that would really be giving out that kind of probability. Into those people who do have that kind of optimism towards price then we cant blame them as we've seen on how BItcoin did able to surpass those numbers specially on each cycle.

This is why it would really be normal that we would really be having those kind of assumptions when it comes to price on which it would really be just that normal
but being realistic is something not really that bad to consider out.