Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[Bull000]

Bitcoin reached a price of $69,000 in November 2021, but over the past few years, it has experienced multiple hard forks and halving events. The trend in 2024 may be influenced by various factors, including institutional adoption, halving, regulatory changes, and macroeconomic trends.

Halving events are often considered a significant factor affecting Bitcoin prices, but the specific extent of their impact remains uncertain. Additionally, the Bitcoin market is influenced by challenges such as regulatory policies, energy issues, and security concerns.

In 2024, investors may pay attention to Bitcoin innovations, such as the development of the Lightning Network, and the dynamics of traditional institutions like BlackRock entering the crypto market. However, the future of Bitcoin still faces uncertainties, including challenges in regulatory compliance, energy consumption, and security issues. Investing in Bitcoin requires careful consideration of risks and returns.

 

[GoldenLady]

Historically, the halving means that Bitcoin price increases creating new ATH soon after that.
The signs of that are already evident, especially with the approval of the ETF which brings new money into the market.

 

[BusyCat]

I predict bitcoin to reach over $60000 in 2024 after the halving event on May 2024. Halving usually ends up with increase in bitcoin price due to low supply and high demand concept. But the bitcoin price may also go down unexpectedly because of the markets in few countries where government has banned crypto exchanges , so the government regulatory fact comes into picture too, especially in the highly population countries like India where people are slowing into the bitcoin investment.

 

[Ptrikha90]

As of this date, the amount of inflow into the newly launched Bitcoin ETFs with Traditional Big Institutional Investors like BlackRock and Fidelity and others like Vanguard, iShares etc mean that once we also have the halving in April, BTC could see a big surge till may be early June.

The question would be whether that Bull run would be sustainable over the Medium to Longer Term or not.

 

[Gamer01]

The bitcoin is actaully staying in the 40k range and it looks to spend most of its time in the range actuallly to be honest peoppe need to look at markets moving with intent and. Need to focus on new projects indeed actuallly.

 

[Gamer01]

Bitcoin has been currently rising and you can expect that it would fall now but at the end of the year it will touch $60k so you should be hopeful for s good run for bitcoin actuallly be honest indeed in my opinion mostly .

 

[Ptrikha90]

I have read some Coingecko articles. BTC is expected to be above 60K at 2024 end by some.
Some have forecast even more.
So yes, an additional buying within one's risk appetite is a good move.

 

[Niftyicon]

Bitcoin already set a new ATH several days to the halving (many never anticipated this) and I just can't wait to see what the post halving will bring. 2024 is a good year for Bitcoin and hoping that post halving would make 2025 a better one. Fingers crossed.

 

[leithy]

Usually halving of any crypto currency increases its price. Bitcoin reached $72,000 but has fallen back to just under $68,000. Perhaps a bit of profit taking. I think holding until after the halving, it can take a few months sometimes, to see the effect before selling if that is anyone's intention. I will be holding. May sell some if it reaches $100,000.

 

[Zikonano]

Bitcoin reached a price of $69,000 in November 2021, but over the past few years, it has experienced multiple hard forks and halving events. The trend in 2024 may be influenced by various factors, including institutional adoption, halving, regulatory changes, and macroeconomic trends.

Halving events are often considered a significant factor affecting Bitcoin prices, but the specific extent of their impact remains uncertain. Additionally, the Bitcoin market is influenced by challenges such as regulatory policies, energy issues, and security concerns.

In 2024, investors may pay attention to Bitcoin innovations, such as the development of the Lightning Network, and the dynamics of traditional institutions like BlackRock entering the crypto market. However, the future of Bitcoin still faces uncertainties, including challenges in regulatory compliance, energy consumption, and security issues. Investing in Bitcoin requires careful consideration of risks and returns.

I think it will rise real high, as the demand on it is rising year by year and people are replacing real money by bitcoin rn.

 

[marshallpowers]

In 2024, Bitcoin could rise, fall, or experience periods of both growth and decline. Positive developments such as increased institutional adoption, favorable regulatory clarity, or advancements in blockchain technology could drive upward momentum. Conversely, negative events such as regulatory crackdowns, security breaches, or macroeconomic instability could lead to price declines.

You should conduct thorough research, diversify their portfolios, and remain cautious of potential risks. It's essential to stay informed about the latest news and developments in the cryptocurrency space and to consult with financial experts before making any investment decisions. Ultimately, prudent risk management and a long-term perspective are key to navigating the volatile landscape of Bitcoin and other cryptocurrencies.

 

[Riberet19]

In 2024 it is already difficult for Bitcoin to change its trend, but it could happen, now comes the halving and with it a lot of speculation and many people who will want to profit from this, I think that this year we will see both big rises and big falls, it is just an intuition.

 

[MattiV1025]

4 more days to go for the bitcoin halving, what are the implications of the bitcoin halving?what happens next?

 

[crypto-kid]

According to the market which is still volatile and fluctuating. It is hard to say something about but In my opinion the market will rise. Because if we see the past history of bitcoin, Bitcoin always rose up to max level near to its halving and the next halving is not far.
So, ultimately the price of Bitcoin will rise.

 

[leithy]

Bitcoin usually rises after halving takes place but sometimes it can take a few months for the full rise to be reached. Up to each person to decide how quickly it will rise but definitely following other halving we will see a rise.