Post
Topic
Board Speculation
Re: What do you think will the price of Bitcoin in 2024?
by
topbitcoin
on 27/07/2024, 16:04:50 UTC
Recently Coingecko posted the image shown below on their Instagram handle.




They had conducted a survey post halving in which 2558 individuals participated. As mentioned 2 out 5 think Bitcoin price will hit or go above $100,000. There has been prediction earlier this year by a few analysts that Bitcoin will hit the $100K mark by the end of this year.

What is your prediction? Guess a number and by thr end of this year I will visit this thread to see who predicted the right amount.

I am not trying to speculate the price of Bitcoin with this topic. I am only trying to see whether we as forum members can come up with a price that is either similar to what the survey predicted or we have our own figure.
I believe to reach $100k by the end of this year can happen to bitcoin it will definitely happen to bitcoin even I can think that it might be more than $100k on the price of bitcoin, of course saying like this there must be a reason that can be convincing enough.

We are currently at the price of bitcoin now and a lot of new adoptions such as by institutions and countries that are entering are still below 8% of the total people adopting bitcoin, there are still many countries, institutions and retail that have not entered bitcoin completely, so it is likely that when there is positive sentiment towards bitcoin and its regulation in the US will affect many countries and institutional and retail views on bitcoin.

We know that today Trump brought speculation about bitcoin into his campaign and if he can actually abide by his own words then it will open additional doors for bitcoin to be increasingly accepted, then the US election is indeed in the spotlight regarding the economy and industry which will certainly be closely related to financial policy in the future, this is my thinking about bitcoin which will be a concern, especially since Robert F Kennedy Jr also brought speculation about bitcoin if he was elected.