Bitcoin has just smashed through the $125,000 mark! The king of crypto, which recently found solid support around 100,000, has turned things around. What’s your take on where we might end up by the end of this year? Personally, I don’t think 150,000 will be the peak for this cycle anymore. Since we hit 125,000 in October, I’m thinking we could see it go as high as 175K 200K before the next correction hits.
BTC HITS NEW RECORD! 125,000 BUCKS! NOT JUST A FANTASY!
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Lol 125 stopped being a dream when the ATH was 60k. Everyone would have to know the next cycle getting double was way more than possible.
Remember, 20k to 60+k was over 3x, but the ATH before that was 20x... so if we are talking 200k now it's more than 3x and would completely invalidate the theory that multifold gains are decreasing every ATH. Hope to see that
t0ny.vectorSenior Member
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#3Jan 19, 2024, 11:55 PM
Yes, today we have entered some of the highest Bitcoin prices and it is the highest in the history of Bitcoin. Today the Bitcoin price touched BTC$125700 it was really interesting to see the way the market candles were going up. But we can expect that the market has the potential to increase further. Many of us have predicted that the market may have touched $130k this October. We have entered some of the markets quickly and it has come down a little bit. Currently, the market has seen some decline. But in the prediction that you have made, I think it may not be possible to touch $200k but we can hope that maybe there is a maximum chance of touching $150k before the end of 2025.
coin_sigmaLegendary
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#4Jan 20, 2024, 01:21 AM
I think $150k is much more achievable as a much higher ATH than $175k to $200k; it is still far from my prediction, but the price rejected much at $125k because there is lots of liquidity under that zone. We don't know this coming Monday if it will pump again to retake the $125k zone; if the market fails, then expect reversals.
The liquidity that's building up right now is under $130k. If we retake the $125k success, then that's the next price that we see that would reject much just like in $125k.
$125,559 is the ATH according to Coinmarketcap data. Having broken this psychological barrier, Bitcoin will undoubtedly break other limits as well. Now it's time to journey to the $200,000 level. It's time to fill every gap and level and rise to the top. A 10% increase will bring it close to $140,000. However, this won't happen with a few speculative promises like the past. Bitcoin's market capitalization is so high that we're questioning when it will approach gold's market capitalization. Some of the world's richest companies are below Bitcoin's market capitalization. Therefore, it will take much more than just 10% of $20,000. But of course, I believe in Bitcoin, as long as we give it some time. If we all have time, perhaps we'll be discussing the $500,000 level in ten years.
By the way, this is not a dream. The real dream will be the day when one Bitcoin becomes worth $1 million.
t0ny.vectorSenior Member
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#6Jan 21, 2024, 07:24 PM
I know right? I mean a new ATH is always great but this is still boring performance. Let's talk again at $150k or better at $200k.
That theory will be validated eventually. It is proven in different places, diminishing returns. It can not be avoided.
Intermediary dream? Sure. For the long term that would be an undervaluation.
block_2018Senior Member
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#7Jan 22, 2024, 01:18 AM
The closing price at the end of the year concluded at $150K, which is probably the closest figure - if it goes above that and bitcoin surpasses it, then we are happy that bitcoin is higher than I predicted.
Yeah, UPtober is now at a new all-time high of $125K.
Does that mean October becoming UPtober is now a reality? While there's still time left in the month, we hope the rally will come again soon.
$125,000 has been accounted and since the overall exiting psychological move of investors, a lot of Aths has been anticipated hopefully at what the market will sit on as the All Time High by the wrap-up of the year following its ongoing bullish season.
The $125,000 wasn't expected to come at the exact time it came but enthusiasts were highily expected that it'll come someday. So I'll say all of the above mentioned ratios will be accounted but will always be at the unpredictable. On that note if we must do ourselves better, I think it'll be right if we anticipate to break the very closed Ath which is $126,000 and so on the regular breaking Aths the value will soar beyond what we may even expect.
Yea, UPtober is real this year with the way the price is going, I am confident that bitcoin will hit 150k this year. The momentum has indeed been very impressive this few days. Bitcoin will hit several ATHs before this year ends.
I love to witness ATHs. Not necessarily because of the returns I stand to get on my investments, but because of the renewed confidence it builds in me. I just see that bitcoin is greater stronger.
But does Bitcoin revalidation of the ATH in it reoccurrence bull run that takes place in the four years cycle projected that each cycle ATHs Max will be pegged on (3X) and must actualize triple of the past past ATHs? I guess it is the volume of the marketcap that will take that decision because investors investment sentiments may differ from other market events which may propel unusual market behaviors. Although history is liable to repeat itself just as the implications of your reference point.
ledger_protoFull Member
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#11Jan 24, 2024, 08:57 AM
I even doubt that bitcoin can hit $150k before the bear season comes, let alone the bigger target.
I'm not being pessimistic and it could happen but let's be a little realistic with what has happened this year. We need to admit that bitcoin's performance this year has not been good and not as expected. We shouldn't get too excited and rush to change our target higher just because bitcoin has increased and reached $125k in the first week of October.
Those who believe bitcoin can hit $200k should remember that bitcoin hit $109k in the first months of the year, but it took more than 9 months for bitcoin to hit $125k. If bitcoin continues to move that way, the price won't even be able to reach $150k before the end of the year.
Bitcoin has risen to an all-time high today. Although there were many concerns about it in the minds of ordinary investors, they have now gained the highest confidence in Bitcoin. Bitcoin will not only continue to move towards 125k but also towards 150k. Those who hold Bitcoin are trying to collect more Bitcoin. As confidence has now been created among investors from all walks of life, the demand in the market has increased rapidly. If this continues, we may be able to move towards 150k within this month.
Bitcoin has seen its ATH, and we hope that the price of Bitcoin will increase further by the end of this year. Gradually, people's confidence in Bitcoin is increasing day by day. Ordinary people and small and big businessmen are getting more motivated to invest and are investing patiently and saving for the future, which is undoubtedly a good thing. The price of Bitcoin is increasing continuously, but I cannot say for sure whether it will be $150,000 this month, but I hope that it will be more than $150,000 in the future.
viper_blockSenior Member
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#14Jan 24, 2024, 03:50 PM
I don't know what the predicted closing target for this year but that could be somewhere between $130k-$150k. But seeing what happened to Bitcoin in the last two months, I am not sure if Bitcoin can hit $150k.
But that can happen if Bitcoin can still increase this month or hit $130k so there is a chance for Bitcoin to be at $150k by the year end. I am not in a hurry to see the price but if that can happen shortly, I will take my profit
I am still waiting for $175k-$200k, no matter when that will happen. So that means, I can hodl my Bitcoin and reinvest for more.
vault_alphaHero Member
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#15Jan 24, 2024, 06:02 PM
If I remember correctly, the target for most of us by the end of 2024 was $175k-200k as bitcoin crossed the historic $100k and continued to rise to $110k. But the unexpected happened, bitcoin quickly dropped below $80k because of the tariff war and it took a while to get back to $100k. That causes most people to lower their expectations and $150k becomes the new target.
And now, here we go again? Just because bitcoin hit $125k in early October we rushed to raise our target, will we lower target again if bitcoin doesn't break above $130k by the end of this month?
I find it unnecessary to constantly change goals and we don't need to rush.
ryanwizardSenior Member
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#16Jan 25, 2024, 10:11 PM
Indeed this is a reality, after much has been discussed about this and we are all in anticipation for more pump, the market deceives as if it were going dip when it fall down to $108,000 and then we begin to experience a correction that landed it back to $113,000 as at where it fell from, while before we know it, the resistance of $117,000 was overcome and we made it to $120,000 and i got shock the moment i saw the market pumping at $123,900 which signal a possible all time high until it happens as we have it.
There is something special about the month of October and as you can see bitcoin price is currently at $125,354 as I am typing this post. This is the second time that bitcoin price has reached $125k, I expect a new ATH of $126k and above to be achieved in the next 12 hours.
It's just my own speculation. I might be wrong but I am bullish. September is gone, the bulls are in charge of the market. I am holding at this point.
"It was all a dream, I used to read Bitcoin Magazine..."
This entire Bitcoin experience has been something out of a movie. I wonder how many other people have outrageous tales of their experiences over the last decade plus in this community. I have stories that literally nobody would believe. I'm guessing I am not the only one. I wonder how long it will take before good movies are made about some of the crypto happenings that have taken place. I feel like it's only a matter of time before Bitcoin is made into a mainstream blockbuster film.
QuantumWalletMember
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#19Jan 26, 2024, 08:16 AM
Bitcoin has broken its psychological barrier and it's largely correct that Bitcoin has touched its new $126K ATH again. You are right that we expect Bitcoin prices to increase even more by the end of this year, but it seems that this uptober has historically brought huge value for BTC because this weekend, by analyzing the market in depth, we understand that the market candles are always moving upwards and have touched all-time highs twice in just a few days. Moreover it seems that this $126K ATH is not the endpoint for this cycle, it's my own guess that the market corrections in September have passed but the predicted closing target this October is huge and it seems that BTC will just keep running towards new horizons.
hodler_gweiFull Member
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#20Jan 26, 2024, 09:56 AM
To reach $150,000, Bitcoin needs to reach $130,000. From its recent all-time high of $125,000, reaching $130,000 is certainly possible, as it only takes $5,000 to reach that price, and I think it could happen in October.
I'm more optimistic that Bitcoin will reach over $150,000 by the end of the year, even though there are only about two and a half months left until the end of the year, but anything can happen with Bitcoin. So, there's still time to continue accumulating more Bitcoin and make our dreams come true.