Post
Topic
Board Speculation
Re: Bitcoin year on year
by
dezoel
on 29/11/2024, 11:08:42 UTC
It's very hard to say because at the moment, there is a serious instability in the world. The war between Russia and Ukraine is so tense that we might have a nuclear war. Europe is preparing for war, Germany is getting ready for the war and many countries do the same. I think this means that there will be a war and in this case, Bitcoin's price will be impossible to predict, it might go to zero or I don't know. During war, no one cares about crypto, our basic survival instinct activates and priorities change.

If Trump really ends the war between Russia and Ukraine and there will be a stability in the whole world, I believe that we will see a very good rise, it might reach $200k or higher in 2025.
Instability is always there and even if there isn't any let say, predicting Bitcoin value is still a hard thing to do. Russia and Ukraine war is I think already over because I rarely see them being talked about anymore and if there is any left, we can say that the tension between them is only less. But after them, I think there are other countries too that spark a war. Luckily they aren't only big as the former.

War has an effect in the price. It is not always negative though but there are positives too like what happened last time in the Russian/Ukraine war. There is no way that the price will hit zero even if there is a nuclear war that can happen and all people in the planet will get wiped out because none of us can dump their Bitcoin anymore, so the price will only get stable forever. During wars people panics but I think some will also think about their valuables including cryptos.

Crypto has the advantage over the other because it is digital, so there is no need for them to worry on how they carry it. Trump winning the election is enough already for the price. Can't you see that we almost reach $100k last time? But later on, I know we will get there when Trump is now going to start his duties as a new president of the US country.