Post
Topic
Board Speculation
Re: Bitcoin - what do you expect for the rest of 2024?
by
Yaunfitda
on 14/08/2024, 04:19:37 UTC
As we hit that new $73k all time high earlier than expected, can we still expect to go past it sometime this year or are we thinking next year now?

On almost all the exchanges that I am checking it, the all-time high was almost $74000. The all-time high is around $73800 on all the exchanges that I used to check it.
That's why if I'm not mistaken, the all time high could be a average of what other exchange had during that time.

We do not know what the price of bitcoin would be, but I think it is good to always accumulate more at $50000.
That's one thing for sure, accumulation is the key here and then we need to have patience as well. We have been accumulating since the bear market, and post halving, everyone might think that we should be around 6 digits by this time. But there are lot of things that can have negative effect on the price as much as there are positive effect. Just like the approval of Bitcoin ETF that really pushes the price to a new all time high. However, after that it seems that the price is into correction mode as we never get close to that price again. Nevertheless, the last quarter might be a big run for us and I'm seeing that we might see around $80k before the end of the year.