Quote from: JayJuanGee on Today at 01:36:28 AM

Quote from: LogitechMouse on October 20, 2024, 10:45:50 PM

Quote from: piebeyb on September 01, 2024, 04:05:59 PM

I think after making my previous thread about the 4 year cycle in bitcoin price movement maybe now everyone still has doubts that history will repeat itself as usual, I have made a thread and discussed it before in this thread.
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So is it possible that history will repeat itself and of course I need to see a lot of speculation in this thread and also bitcoin price analysis next year whether it will repeat the cycle or not. while the $100k price target is highly anticipated Wink

This is why I'm a firm believer of the 4-year cycle and this isn't happening on crypto markets alone, but it's also happening on other big markets as well.
On the flip side, I still believe that there's a chance that the 4-year cycle might be broken at some point in the future. Not this time, but maybe after 2 decades? or 10 years who knows.

Nevertheless, many are expecting for Bitcoin to reach $100,000 this upcoming bull run. TBH, I expected that it will happen during the last bull run in 2017, but we know what happened at that time. Now the chances of it getting reached will be much higher because the bull run hasn't started and yet we are seeing the price of Bitcoin slowly reaching the $70,000 price mark by the time I'm making this post. A $100,000 peak price per Bitcoin prediction for me is a bit conservative. I guess the peak will be at around $110,000-$120,000. That will be my prediction for the upcoming bull run that might happen this year and next year as well.

Always be ready for what will happen in the crypto market for the next months because that will be the most exciting months, but be ready for the worst thing to happen still. Who knows the crypto market might surprise us again. Cheesy

What would happen if the BTC price were to go to $160k or higher in 2025 are you still going to have any BTC remaining in your investment portfolio? or are you a trader and you don't have an investment portfolio? Perhaps you would be selling most or all of your BTC somewhere between $110k and $120k in 2025 in the event BTC prices might go there within your expected timeline?

The period between 2009 and 2024 has passed no one thought that the value of Bitcoin would increase at such a high rate and we as small investors expect it to touch $100K within this year. Since the beginning investors have been chasing such huge values based on assumptions and achieving success that is like a dream.

As per your opinion if Bitcoin price touches $160K by 2025 then it will be a breakthrough and we can expect it. If we can keep our minds in that time frame, buying a lump sum should put our investments in a strong position.