Quote from: Japinat on January 02, 2025, 07:31:16 PM

Quote from: Agbe on January 02, 2025, 04:55:15 PM

Quote from: fschumann on January 02, 2025, 04:02:24 PM

I think Bitcoin will easily see the $1.000.000 in the 2029 bull market.

That is your own opinion and it will not be a general opinion. It is a free forum bro predict bitcoin any amount of your choice. 2029 is the next USA President swearing in year and this just at the corner after Nigeria general election and the swearing in events. I see this this your prediction as an imagination work which can't be realized in that year. It will be realized in the future but not that specific year of yours. Bitcoin hit $107k last year and bitcoin will not hit $200k in this year and next year it will not hit $300k and 2028 will be the next bull market again and it will hit $200+k and it is only one year that is left for your prediction. If you predicted from $300k to $400k, it would have been somehow reasonable.

The truth is, we can't tell exactly what will be the future price of bitcoin by 2029. However, hitting $1m by 2029, it's probably too early for that price. We are still currently hitting $100k, so your prediction OP might be too far from being reasonable. Of course, no one is wrong here, but let's stay reasonable on our prediction as much as possible.

Of course it doesn't make sense and also entering 2029 which is the next cycle, I don't think Bitcoin will reach $1 million that year and it's still too early. And currently Bitcoin is at 100K and the possibility of reaching $1 million in the next cycle is very unreasonable even though the current price of Bitcoin still has the potential to rise again because most people say it will reach 150K-180K and most likely in the next cycle in 2029 I assume the price will double it could reach 300K-500K which I think is reasonable which should be a good plan in our investment for the next cycle to increase our ownership, and if the price of Bitcoin reaches $1 million in 2029 it is an unexpected paradise if we think realistically that a twofold increase is more reasonable but all happened beyond expectations which made us get much bigger unexpected profits, because the price of Bitcoin is unpredictable and anything can happen by factors that we did not know before and vice versa. So being cautious is a good choice and always using money you can afford to lose is a wise choice, in order to avoid the unexpected.