A lot of folks were saying $100k would be the peak, but after the recent US presidential election, Bitcoin started to climb and even hit an all-time high close to that mark.
Now, $100k isn't just talk anymore people are actually expecting prices to go beyond that. I just caught some news where they mentioned predictions soaring past $100k, with the TYMIO founder throwing out a figure of $180k.
So, is this really a possibility?
Even though we are yet to reach the $100k target, it is already looking like that target is too small for Bitcoin following recent developments such as the one you mentioned. The $180k predicted by TYMIO founder is still small to me because if things happen as expected and the US government actually started buying Bitcoin like President Trump promised,we will be looking at $500k per Bitcoin. This is my expectations unless there is a change of mind in the incoming administration.
We are dealing with a speculative market, so it will really be that normal that price speculations do always keep going and this is something which is really that very normal. There would really be those times or moments that we would really be seeing that price will really be that too far stretch and assuming that it is really that too hard to reach. Yes, we've been through into those discussions about $100k price on which there are those who do say that it was tough or something that wont be happening in a short period of time and that including me. I didnt thought that we would be able to see this price on this year alone on which come to think that
even breaking that previous ATH is already that too though and had been rejected how many times, but look at on where we are now? We almost reach up 100k on which only a few dollars before we do able to hit up this
level. I wont really be surprised that if there's some breakout that will be happening then $110-120 wont really be that hard.
With the way the market moves, everything is possible in 2025. I mean, FOMO is real, and if I were to recall, the prediction is between $150k-$180k, so we are still in that direction and we have 12 full months to do that.
So I wouldn't be surprised if that price is going to be our all time high, sometimes we thought that those prices are not doable, but if you have to go back and see how the price moves when Trump won and what he can do for Bitcoin, then I would say that we should be open minded. Maybe there will be another government that will adopt Bitcoin in the future, or some big entities buying billions to push the price even further.
Yes. The possibility is there that these high prices can be reached by Bitcoin next year. Who would even thought that Bitcoin could reach $99k for this month when the entire run from $60k to $99k started only by this month? If the same speed will happen for Bitcoin's price acceleration by any month next year, then we will have to see to it that price is very likely to be reached once we get there. In the meanwhile, we have to see the stronger support right now as some pull backs do really happen every weekend and people have to withdraw and cash out their money for sometime and will have to wait until the new week comes.
What you should know is that, there is a big difference between speculations and realities when it comes to Bitcoin, and most importantly such speculation that comes when the price of Bitcoin is at a high price and bull run like this one, so for him he have build a lot of motivation and expectations that Bitcoin will reach 180k by 2025, but the thing I see wrong with such a speculation is when time frame is attached to such speculation, because on a several note, Bitcoin have always disappointed those speculating it market action with timing attachments.
Even the $100k price that many have being speculating have not yet been reached despite that Bitcoin made several attempts to break that benchmark resistance forces have kept it away from reaching a $100k price for the past weeks.
So same scenario will still play out in this situation, 2025 will soon begin, and the $180k Bitcoin price may or may not come through, because judging from how far it took Bitcoin to achieve it current price and the time distance for Bitcoin to go from 100k to $180k such a short time to achieve such a price goal for Bitcoin.
In theory I guess nothing is impossible - but it's hard to make that $180K a reality. $180K is almost 2x what it is now - this obviously takes time and a high level of patience. The odds are not great - so I can't really expect the price to become a reality by the end of 2025. I only hope $150K becomes the ATH in 2025 - but I would consider it a big bonus if the price can exceed that target.
$100K is about to be hit - but it's not what I imagined. Selling pressure is very high at that level because most people have been waiting for that momentum - so even if it arrives, the price will be corrected again until all orders there are wiped out.
I think this was the range of predictions that were made when bitcoin pumped massively during the ETF approval hype period, many people predicted a more than 2x from the then all time high of $60k region with most of the predictions coming out to be $150k to $180k even most of the predictions threads on this forum had such predictions too. Others reduce the predictions to $120k during the correction phase and as the correction persisted and the market ranged for a while many of the speculators had $100k as the base price.
Recently as the market starts pumping again I definitely believed that the euphoria is back and that the predictions of higher price is going to be coming back. Personally even with the reduced volatility rate of bitcoin I still think too that the $180k is attainable if we can have a 45% price pump in a pump then a 100% from this position over the next 8 months wouldnt be too shocking
Yes, $180k is possible but only if FOMO remains and huge selling pressure doesn't take place, the whale holders are the ones who decide that if something like that remains or it doesn't. I personally believe that highest point of this cycle won't go over $150k but nothing is impossible when it comes to Bitcoin pricing. Who knows if Bitcoin even crosses $200k, and even that's possible.
totally possible, MSTR said they won't be selling their BTC anytime soon and despite rumour about MSTR stock being overvalued they can always just add up bitcoin holding to compensate which gonna trigger massive buying demand in the market.
the other big investors knowing MSTR success will also follow their path.
if you see the current market, you'd see that even around 98-100k where supply is abundant and there's big supply wall selling at $100k, market still having no meaningful pullback, there's barely any reversal instead BTC just keep retesting resistance.
once we clear 100k supply wall we might see more info to clarify.
At least I know January 20, 2025 Bitcoin price will pump because Trump will officially become US president and Gary Gensler stepped down from SEC's chair.
The last ATH was $69K in 2021, if we multiply it by 3, the price would be $207K, since the prediction $180K, by math it's still possible. Why multiply it by 3, because the ATH in 2021 was triple times than ATH in 2017.
It is uncertain to predict the future of Bitcoin price, but we still estimate that there is a small gap from touching 100k Bitcoin price so far. However, I think that Bitcoin price will touch 100k dollars very soon, because after Bitcoin price touches 100k dollars, it will start targeting 150k prices.
Because Bitcoin bull season is not over yet, I hope Bitcoin price will continue to increase until 2025, you can see the bull market from the past, it will also affect the next year. So by the end of 2024, Bitcoin price has reached about 100k dollars, so I think it will touch 150k dollars if it affects the next 2025.
I was contemplating of bringing related thread like this recently but cool you have done it already.
So the derivation of this speculation increase of Bitcoin price is due to the fast approach of the current market pumps we are seeing just after the US election.
So apparently, a most dominance speculation was the Bitcoin will hit lastest $110K ATH by the bull circle or eventually $140K.
Absolutely, the value of the $100K we are almost catching up with is expected to come at the quarter of 2025 but since it has so sudden come within this period of 2024, with the act of excitement or do I say greed, we are thrilled to expect bigger ATH value that is hopefully around $150K-180K because analysts believe there is enough time for market run at the duration of the bull comes 2025.
Since bitcoin is now $100K, more precisely $99.6K, this is not another speculation but the price has reached the target that was predicted before it became a reality before the end of the year.
This increase after Trump's victory as American president and next year will be inaugurated as President may be a boost again so it is possible to go to $120K or higher.
So if there are predictions from other figures, for example, to $180K, this is very possible considering that a significant increase can occur.
Bitcoin and cryptocurrencies are increasingly dependent on the political situation in the United States as well as fluctuations in the world economy, the price of bitcoin will completely depend on what happens next year. If Trump is friendly to cryptocurrencies, fulfills his promises and promotes the development of the industry, the economy enters a strong recovery phase, then bitcoin reaching $180k or $250k is entirely possible. I have been predicting that this will be a super bull cycle and that could come true if what I have mentioned plays out as expected. Or things would get even crazier if Trump actually passed a bill to make Bitcoin a strategic reserve.
Bitcoin is not depending on the political situation in United States. But Trump used the opportunity to get closer to the crypto community which helped him win the recent election is how I saw it. And it became win-win. But before Trump got elected, bitcoin all-time high was $73800 or so. So the price increase of $99600 all-time high is not yet massive as when Trump got Elected. We are also in the bull period which could be another reason for the bull run. If Trump won the election or not, bitcoin will still one day in this bull period get to $100 thousand. If United States makes bitcoin a strategic reserve, it is because it is worth it. Bitcoin is the best asset of this generation. If it is not worth it, it will not be made a strategic reserve.
I agree whoever this TYMIO founder is. If it ain't happening, maybe it will the next cycle. No worries. The disappointed investors thought $100k was too much optimism but it's just $1k away the other day. Influencers are predicting more than $300k, others see way higher.
In that case, we could be seeing that $180k by 2025. Trump I think exposes everyone to crypto which for those who just discovered BTC, they will find it necessary to own some that's why it may really go way high with the help of the SEC being friendlier after Gensler.
Very likely... If the bullish period still continues until 2025 then it could be a reality for bitcoin to $180K, the point is not to rule out the possibility because it could be that Trump will do more positive things for bitcoin.
Don't be discouraged by this current correction... Maybe some people are not strong will say a little decline into a lot of negative news for me this is a little correction and it will not take long to go up.
I believe anything above $150K.
It is absolutely impossible to expect prices to always rise without pause or correction. The fact is that trend changes can happen so quickly - even without being influenced by anything big. The market moves freely without control - so anything can always happen.
I also think bitcoin prices will be higher in 2025 - but I can't say for sure what the high end of the price range will be. Some say it will be up to $150K - while others are optimistic about $180K to $200K. I don't believe in either one - just that I believe $100K will hit, that's all.
With the appointment of pro-crypto SEC Chairman, I believe the chance of having positive impact on crypto market is very high. It won't be hard to submit crypto-related proposals or programs if he has positive outlook already on this business. This will create more bullish approach to this market and I guess more companies will try to look at this technology.
New Pro-Crypto SEC Chairman Appointed