Quote from: john_egbert on Today at 08:14:36 AM

Quote from: CryptoBuds on Today at 05:09:29 AM

Quote from: kawetsriyanto on December 23, 2024, 09:18:23 PM

Well, it is cool to see an impressive price for the prediction of BTC next ATH. However, honestly I don't believe it will be above $200k in the current cycle. I even have my own prediction that the peak of BTC price will be below $150k. Grin

Even big institutions and governments join BTC investment, I think it won't suddenly raise up to $300k. It should take time to reach a very significant increase in Bitcoin price. At least, it should take 1-2 cycles more to be around $300k.

You are one of the few investors I see making quite modest predictions about bitcoin while there are many who expect and believe bitcoin will hit $500,000 - $1 million in this cycle.
I don't know what people base that prediction on but it seems like people forget that we are talking about trillions of dollars and that is a huge number, not a few million or a few billion dollars. So I agree with you that Bitcoin cannot suddenly reach a market cap of 6 or 10 trillion in such a short time. Even if institutions or governments enter the market, they will plan to invest billions of dollars and this plan will last for many years, not that they will buy massively in a short period of time. So expecting bitcoin to hit $300k, $500k or $1 million in this cycle is unrealistic.

Bitcoin is, for better or worse - the biggest out there, thus, it can't be reaching its targets like some shitcoin, and then dip spectacularly.
So we need to wait and look after the situation closely - lots of factors to make 2025 the second time we will be in awe because of Bitcoin.

[/quote It's nice to see some realistic predictions about Bitcoin price. The idea of it reaching $500,000 or $1 million in this cycle seems overly optimistic. We're talking about trillions of dollars here, and that kind of growth just doesn't happen overnight.
I think it's wise to consider the bigger picture and the fact that institutional investors and governments will likely take a more measured approach investing in Bitcoin. It's not like they will suddenly dump billions of dollars into the market; it going to be in a more gradual process.
Well let's keep watch the situation , 2025 could be an exciting year for Bitcoin, but we need to be realistic about its growth potential.