Post
Topic
Board Speculation
Re: are you expecting Bitcoin to hit $400,000 after the bull run.
by
arwin100
on 18/04/2024, 12:11:13 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.
Predictions could sometimes be possibly true or not, as no one holds accurately the future price of bitcoin. Now in the case of bitcoin price reaching $400k after bull run, for me that's quite illogical. Although bitcoin remains unpredictable up to this moment, but even if we come to multiply by three or four the current price of bitcoin, still your prediction OP is still out of the real frame. So I should agree with this that if we come to create predictions, they should be quite reasonable and attainable. Otherwise, your own prediction will be ignored by majority.

But at least they should come up with realistic prediction so that we can somehow agree that their prediction could possibly happen. If they predict about the price to reach at $400k up to $1 million after halving or the bull run then we can really say that this is crazy claims since for now this is hard to achieve. And instead we will have a good discussion people will come up with their crazy opinion and that's not healthy anymore especially if we discuss something unrealistic situation to come. So its better for people to stick on something more reliable and they should come up with conclusion that have basis so that we can agree and find this discussion reliable to spend our time and will not think about something negative or just a total waste of time.