Quote from: Rabata on October 15, 2024, 11:39:35 PM

Quote from: ivankoh on September 18, 2024, 03:30:02 PM

The current situation is difficult to support bitcoin and it is difficult to predict the trip at the end of this year and 2025. Historically, October has been a very good month for bitcoin, the post-halving cycle is the time when bitcoin has the strongest increase. This can repeat, at the same time, with all the attention focused on the US presidential election, I think this period is very feasible for bitcoin to grow. 2025 is a long way but first I need a plan ready for the end of this year. I expect to see 100k this cycle.

After the halving, there is a big possibility that the Bitcoin price will increase. As such we will be able to see a big change in Bitcoin price in 2025. Moreover, we can see a green candlestick in the price of Bitcoin this October which has worked similarly for other years. However, Bitcoin price does not always follow the previous pattern. Moreover, its price is not always accurate to predict but most of the times we see that Bitcoin is bullish after halving. As such we will see a big change in Bitcoin price after 2025. Also, if Trump comes to power in the November election, there could be a big change in Bitcoin price where I could easily predict $150,000. Considering various factors, we can consider 2025 as the best time for Bitcoin.

It's not a possibility, that's how Bitcoin is throughout history, and that is what we call a 4 year cycle, after halving, as the supply is getting limited, and so the demand is pushing higher, making the price really go up and rally and then we established a new all time high. And with that, if the cycle continues, by 2025, we will see another new all time high, around 6 digits as majority of us here have predicted. I do agree though that the result of the US election might bring that positive momentum in the market, and just like what we have seen this week, we have a rally and this run could sustain itself up to November and maybe by that time, we will be seeing $70k and at the end of the year, $80k is doable and then 2025, 6 digits could be established, so the future looks bring to all of us.