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+--- Thread: Analyst predicts BTC to $250,000 before halving (/showthread.php?tid=6262089)
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Analyst predicts BTC to $250,000 before halving - Noble - Jan 26, 2024
Analyst predicts BTC to $250,000 before halving
Thoughts on this?
RE: Analyst predicts BTC to $250,000 before halving - SIM-1866423 - Jan 26, 2024
I think 1.000.000 $ more reasonable and realistic
RE: Analyst predicts BTC to $250,000 before halving - Omniscient - Jan 26, 2024
Typically the peak and even passing previous ATH happens after the halvening. Usually 6 months or more. I don't see how BTC does a 6x (600%) in 82 days. April 18th is estimated event day. We would need to see huge massive daily gains. Just asked ChatGPT...
![[Image: zuFof0M.png]](https://i.imgur.com/zuFof0M.png)
So it's 2% which doesn't sound outrageous.
RE: Analyst predicts BTC to $250,000 before halving - Popular - Jan 26, 2024
(Jan 26, 2024 02:26 PM)Omniscient Wrote: Typically the peak and even passing previous ATH happens after the halvening. Usually 6 months or more. I don't see how BTC does a 6x (600%) in 82 days. April 18th is estimated event day. We would need to see huge massive daily gains. Just asked ChatGPT...
So it's 2% which doesn't sound outrageous.
Yeah 2% doesn't sound outrageous.. think it will be CLOSE?
RE: Analyst predicts BTC to $250,000 before halving - Omniscient - Jan 26, 2024
(Jan 26, 2024 02:29 PM)Popular Wrote: Yeah 2% doesn't sound outrageous.. think it will be CLOSE?
No, I think we might be closer to $100k. Also that articles says it predict UP TO $240k. That's their high end estimate. I don't personally see it but everyone can be wrong.
Everyone should be stacking though. Get your Sats now while you can afford it.
RE: Analyst predicts BTC to $250,000 before halving - SportsArb - Jan 26, 2024
I'd be happy with $60k again, get us there first and then 100k :)
RE: Analyst predicts BTC to $250,000 before halving - Popular - Jan 26, 2024
(Jan 26, 2024 02:36 PM)Omniscient Wrote: No, I think we might be closer to $100k. Also that articles says it predict UP TO $240k. That's their high end estimate. I don't personally see it but everyone can be wrong.
Everyone should be stacking though. Get your Sats now while you can afford it.
Yeah I definitely will dude. Thanks!
RE: Analyst predicts BTC to $250,000 before halving - ✔ Soufian ✔ - Jan 26, 2024
To be honest I think we'll just be around 50k during bitcoin halving with heavy volatility, during which we ofcourse might hit crazy peaks and dips, but might end up around the same price of approx 50k.
Why you may ask?
I think the BTC halving has been priced in already. The BTC ETF was also priced in. People buy the rumor and sell the news. The BTC halving event will be the news imo.
Also the BTC halving will cause the miners to earn less money while their expenses stay the same. This could result in the miners selling more BTC than usual to be able to pay for their equipment and monthly expenses.
Ofc I hope BTC will fly to crazy levels, since that'll pump my bags too. But yeah, I don't like crazy predictions without actual research.
This analyst is pretty much just a moon boi who can't wait for BTC to pump.
RE: Analyst predicts BTC to $250,000 before halving - LEGENDAVIE - Jan 26, 2024
I know a lot of people have a lot of high hopes, and I really wish for it to raise that much aswell, but I'll have to see it to believe it.
RE: Analyst predicts BTC to $250,000 before halving - GruntStyl - Jan 26, 2024
240 or even 200k aint happening by April of this year. I don't even think if Elon Musk tweeted about it would get that high lmao. But New ATH in mid 2024 I would guess 80-100k personally.
RE: Analyst predicts BTC to $250,000 before halving - Noble - Jan 26, 2024
(Jan 26, 2024 05:19 PM)✔ Soufian ✔ Wrote: To be honest I think we'll just be around 50k during bitcoin halving with heavy volatility, during which we ofcourse might hit crazy peaks and dips, but might end up around the same price of approx 50k.
Why you may ask?
I think the BTC halving has been priced in already. The BTC ETF was also priced in. People buy the rumor and sell the news. The BTC halving event will be the news imo.
Also the BTC halving will cause the miners to earn less money while their expenses stay the same. This could result in the miners selling more BTC than usual to be able to pay for their equipment and monthly expenses.
Ofc I hope BTC will fly to crazy levels, since that'll pump my bags too. But yeah, I don't like crazy predictions without actual research.
This analyst is pretty much just a moon boi who can't wait for BTC to pump.
This is the most logical realistic response I've seen about BTC in this section. Investors that are in BTC are down from their original so they only option is too DCA, hoping for a miracle for BTC when their emotions is really making the decisions for them without thinking logically.
RE: Analyst predicts BTC to $250,000 before halving - ✔-Elision- - Jan 26, 2024
I think this cycle peak will be 120-150K so no I don't think this is possible at all before the halving. You might think we can do more than 150K but the returns on BTC have diminished each cycle. The last one did 3.35x(67K) from the pervious ATH (20k), assuming at least some diminishing returns if we assume 150K would be around 2.25X (150K) from the previous ATH (67K). I think once we cross 100k we might see a huge dip and then on the second rally we will cross 120-130K at least easily.
RE: Analyst predicts BTC to $250,000 before halving - Lucid - Jan 27, 2024
I don't have much invested but put in a few hundred into some BTC (wish I could do more but is what it is). Exciting times everybody, it'll be interesting to come back in a few months & see whats what.
RE: Analyst predicts BTC to $250,000 before halving - SUI-3183372 - Jan 27, 2024
Analyst predicts BTC to mid-20k before halving
https://www.coindesk.com/markets/2024/01/26/bitcoin-could-fall-back-to-mid-20k-area-chris-burniske/
I don't normally pay much attention to the swathes of analysts publicizing their opinions, they all contradict each other in the end.
RE: Analyst predicts BTC to $250,000 before halving - GruntStyl - Jan 27, 2024
(Jan 27, 2024 12:20 PM)SIM-3183372 Wrote: Analyst predicts BTC to mid-20k before halving
https://www.coindesk.com/markets/2024/01/26/bitcoin-could-fall-back-to-mid-20k-area-chris-burniske/
I don't normally pay much attention to the swathes of analysts publicizing their opinions, they all contradict each other in the end.
I was thinking we'd see 30-35k again. 20k seems pretty far but I guess anything is possible. I'd just buy more so it would be a win win situation for me and many others. Only the weak would lose out and sell at those prices.