Post
Topic
Board Speculation
Re: Bitcoin Prediction 2024 - 2025
by
Marvell1
on 28/10/2024, 12:03:56 UTC


The price of Bitcoin is uncertain, but we can roughly estimate that the price of Bitcoin will touch at least $80K to $90K this year. Because the number of Bitcoin holders is high this year and large institutions have massive Bitcoin holdings, and the large investment institutions and investors who have them will definitely see Bitcoin prices reach all-time highs in this bull market. So in 2024 we definitely expect to touch $100k to reach an all-time high, and by 2025 the price of Bitcoin is most likely to be limited between $150k and $170k. That's why holdings are so important this year, because bitcoin holdings are the only easiest way to become self-sufficient.


What do you base your estimate on for Bitcoin price to reach $80-90k this year? You cannot just rely on one factor that because there are many people holding bitcoins, the price of bitcoin will definitely increase in the near future. I agree that the value of an asset is determined by supply and demand, but we need more catalysts than that if we want bitcoin price to rise. We cannot expect bitcoin price to increase when the world economy is unstable due to war, inflation...and that is exactly what we are experiencing.

Bitcoin is unpredictable and it all depends on the impact of the economy. I know people are relying on the past to make predictions but I do not rule out the possibility that the historical scenario may change.