Quote from: pakhitheboss on July 27, 2024, 11:47:59 AM

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.

Based on the current price and situation, I don't see the price going anywhere around $100k this year, however, we know the market is known for its surprising nature, and we have seen how many times the market did exactly the opposite of what most people thought and the same can happen this time again, but the odds aren't very high for that, in my opinion. We haven't seen a lot of positive runs from Bitcoin for some time now, and we are already halfway through the year.

Before the halving, there seemed to be more chances for Bitcoin to go around $100k within this year, but now when I have seen and observed the market for some time, it seems like that can only happen in 2025, and we will need to wait for another 5 to 7 months before we see it going near that price.