Let us talk about $BTC for now, do you think we can still attain $200K this year, because with the way things are going it seems the factors that can assist in making this possible are not really working. So if $BTC will reach $200k this year, what are the things u think must happen?
Very well everything seems to be possible cause reading the charts have said a lot about the results but mostimes things get to change with respect to time so therefore we can expect $200k before this year runs out. But talking about factors limiting it from working what and what do you think can actually hinder it so we make the move, regardless there would be a bullish season all through which will make a lot of investors profitable.
I think Bitcoin top price this year will be $150k although Bitcoin price movement is unpredictable, I do not think that the hype will push Bitcoin to $200k. And based on the previous ATH diminishing percentage per cycle, it was calculated in the early threads that Bitcoin 2025 ATH would be at most $150k before it transition to bear market.
Yes, that's right. Bitcoin can reach $200k if we look at the history of previous halvings. Because the Bitcoin Price pattern before and after Halving is different but after the halving happens we will see the latest ATh. As you said, one aspect we should pay attention to reach $150k or $200k is that the price tends to follow a 4-year cycle along with the halving period. We have passed the Fourth Halving on April 19th last year, and we have not seen a significant increase like the previous halvings so I believe this year is the highest peak of bitcoin price.
There are people who made a calculation on the ratio of the diminishing percentage on every cycle ATH and $200k is far above the calculated prediction price for this year 2025 ATH in reference to ATH diminishing percentage per cycle.
Indeed, past cycle performance does not always reflect the future, but believe me if you look at the historical data after halving, the Bitcoin price pattern always increases significantly after a few months after the halving, we just need to be patient and wait for the time to come. So take advantage of this opportunity, don't waste it.
I would love to but the calculated data based on the history of Bitcoin ATH said otherwise... but of course, we love to see Bitcoin double in value this year.