Quote from: Hazink on Today at 01:31:24 PM

Before the halving, our expectations for the year were really very high, adding with the bitcoin ETF approval, which even increased what we were expecting to see Bitcoin achieve in the year 2024, but from the way the market has been struggling these past few months, I can't say I still have a high expectation on the price. Based on my expectations, the year will end and Bitcoin will settle between $75,000 and $80,000, which is not too far from the $100k I hoped for before now.

I think the events that happened pre halving actually made investors more bullish, the price reaction to that event is something else, the price had a new ATH which doesn’t correspond to past halving events and investors started prediction of the price hitting a 6 figures right in the third quarter. One thing I will say Some investors missed then was that fro a huge pump like that there was definitely going to be a correction because the buying liquidity was just too much then and it was economically logical that sellers who might have their sell target around $70k would sell and that’s what exactly happened. Although the recent dump has been filled with FUDs from the news of big investors or countries selling, I think we are still in state of correction and the price of $100k is still visible this year.

Quote from: pakhitheboss on Today at 01:19:00 PM

I understand the cycle but it is 2024 and we only have a handful of months left to be in 2025. The cycle is all about next halving year. If Bitcoin can be at that price point before the cycle ends then it will be great.

I am more focused with the outcome of the US election. I have a feeling that if Trump wins then Bitcoin might create a new ATH that willl be above $100K.

I wouldn’t say it is bad but I think recent events like the election has been allowed to impact our decision, many are placing their bullish sentiments on Trump’s triumph and should it happen, I also trust it will be huge for the market but same as it not happen, I believe the FUD that will be spread will even get us below the $70k for the year ending. My prediction is in a full cycle with price between $120k to $160k before the end of 2025