💰$BTC will have no issue reaching $125,000?

Tiger_Chart
04-22

$Bitcoin(BTC.USD.CC)$ is currently in Wave 3 now and the 1.618 Fib is always the Wave 3 target. The higher high in 2024 confirms the larger impulse trend. Straight forward set up here. —@TheLongInvest

@TheLongInvest@TheLongInvest

Questions For Tigers:

  1. Do you believe the Bitcoin will reach $125,000?

  2. What potential obstacles do you foresee that might prevent Bitcoin from hitting the $125,000 mark?

  3. Are there alternative price scenarios you deem possible, and what events might trigger those outcomes?

  4. What strategies would you recommend to investors given your forecast?

🎁Prizes

  • 🐯 All valid comment on the following post will receive 5 Tiger Coins.

  • 🐯 The First 10 and Last 10 Commentator with qualified comments will receive another 20 Tiger Coins.

Bitcoin Halving Done: A New Era Begins?
The highly-anticipated fourth iteration of the bitcoin halving occurred a little after 8:09 p.m. Eastern on Friday. Bitcoin traded flat in the immediate aftermath of the halving, holding steady around $63,000. ----------------- Can the halving bring a big rise? What's your target price for bitcoin in 2024?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • icycrystal
    04-22
    icycrystal
    anything is possible, bitcoin is volatile it can go real high and it can too dive down low. so hitting $125,000 is possible.

    any event can be a trigger of opportunities or obstacles.

    just need to be careful with bitcoin as it's so volatile.

    as for me, right now, am staying away from bitcoin.

    perhaps, maybe in future I may consider.

    @Shyon @Aqa @GoodLife99 @rL @TigerGPT @Universe宇宙 @LMSunshine @koolgal @HelenJanet @DiAngel

    Do you believe the Bitcoin will reach $125,000?


    What potential obstacles do you foresee that might prevent Bitcoin from hitting the $125,000 mark?


    Are there alternative price scenarios you deem possible, and what events might trigger those outcomes?


    What strategies would you recommend to investors given your forecast?


    All valid comment on the following post will receive 5 Tiger Coins.


    🐯 The First 10 and Last 10 Commentator with qualified comments will receive another 20 Tiger Coins.

    • Shyon
      Thanks for sharing!
    • Universe宇宙
      [ShakeHands]
    • icycrystal
      Do you believe the Bitcoin will reach $125,000?


      What potential obstacles do you foresee that might prevent Bitcoin from hitting the $125,000 mark?


      What strategies would you recommend to investors given your forecast?


      @TigerGPT

    • TigerGPT

      Based on the news articles I found, here are some events that might trigger outcomes in Bitcoin:

      Bitcoin Halving Event: The Bitcoin halving event, which occurs approximately every four years, reduces the block reward for miners in half. This event is often associated with increased attention and potential price movements in Bitcoin.

        

      Global Policy Shifts and Geopolitical Developments: Global policy shifts and geopolitical developments can impact the stability of currencies and financial markets, including Bitcoin. Investors may turn to Bitcoin as a safe haven asset during times of uncertainty.

        

      Tech Earnings and Market Sentiment: Tech earnings reports and market sentiment towards technology stocks can influence the overall market and potentially impact Bitcoin. Positive earnings reports and bullish sentiment in the tech sector may contribute to positive momentum in Bitcoin.

        

      Market Volatility and Investor Sentiment: Bitcoin is known for its volatility, and market events that increase overall market volatility can also impact Bitcoin. Investor sentiment, fear, and greed can drive price movements in Bitcoin.

        

      Given the forecast of potential opportunities and obstacles in Bitcoin, here are some strategies that investors may consider:

      Diversification: Diversify your investment portfolio by allocating a portion to Bitcoin and other assets. This can help mitigate the risks associated with Bitcoin's volatility.

        

      Risk Management: Set clear risk management strategies, such as setting stop-loss orders or implementing a disciplined approach to portfolio rebalancing. This can help protect your investment from significant downside risks.

        

      Stay Informed: Stay updated with the latest news, market trends, and regulatory developments related to Bitcoin. This information can help you make informed investment decisions and identify potential opportunities or risks.

        

      Long-Term Perspective: Consider taking a long-term perspective when investing in Bitcoin. Short-term price fluctuations may be volatile, but Bitcoin has shown potential for long-term growth. Evaluate Bitcoin as part of your overall investment strategy and assess its potential in the context of your financial goals.

        

      Please note that investing in Bitcoin carries inherent risks, and the strategies mentioned above are for informational purposes only. It is essential to conduct thorough research, assess your risk tolerance, and consult with a financial advisor before making any investment decisions.

      Apologies, but I couldn't find any news specifically related to the company you mentioned. For more relevant information, I recommend checking the stock quote page or conducting a specific search for news related to the company.

  • Aqa
    04-22
    Aqa
    The price of Bitcoin $BTC can be propelled way past its all-time highs with the upcoming reward halving event. It has no problem reaching $125000. It will be a consistent rise the whole way through.
  • Shyon
    04-24
    Shyon
    Yes I do believe that Bitcoin will eventually reach 125000 USD. It will be just a matter of time. Nowadays, we can see that more and more investors start to accept and invest in crypto. Moreover, the launch of lower risk product like Bitcoin ETF in US and Hong Kong this year also attract more and new investors from the market. And based on history, all the halving events have resulted in a bullish trend for Bitcoin. So I do believe this round will be very similar as well. Before targeting for 125k USD, I will aim for the closer target at 100k USD within these 2 years hopefully.

    As the risk in crypto investment is relatively high, I personally do not recommend investing heavily in crypto. And if you are not a high risk taker, you might consider to buy in crypto in monthly basic, a small reasonable amount each time. @MillionaireTiger @CaptainTiger @Tiger_comments @TigerGPT

    • TigerGPT

      Based on the news articles I found, here are some viewpoints regarding Bitcoin reaching $125,000:

      "Bitcoin Price Prediction as Bulls Push BTC Higher Toward $70,000 – What is the Next Target?" - This article suggests that Bitcoin is currently hovering around $66,980 and there is a potential for it to surge towards $70,000. The influx of funds into U.S. Bitcoin ETFs and the ongoing evolution of digital asset investment strategies are seen as positive factors for Bitcoin's price prediction. However, the article does not specifically mention the $125,000 target. Read more

        

      "Bitcoin Rises. Why Tesla and Meta Earnings Could Help -- or Hurt -- Cryptos." - This article mentions that Bitcoin and other cryptocurrencies have risen, benefiting from improved risk appetite in wider markets. It also highlights that Bitcoin's price is nearing key technical levels that, if surpassed, could help it climb higher. However, the article does not provide a specific price target or mention the $125,000 mark. Read more

        

      "Bitcoin's soaring growth surpasses Tesla stock" - This article compares the price growth of Bitcoin and Tesla stock over the past five years. It states that Bitcoin's valuation has skyrocketed by over 1,180% compared to Tesla's increase of over 806%. While this highlights Bitcoin's significant growth, it does not mention the $125,000 target. Read more

        

      "Bitcoin price volatility indicator points to potential breakout" - This article discusses a volatility indicator that suggests a potential breakout in Bitcoin prices. It mentions that Bitcoin's price has been hovering around $66,000 and a new trading range has been established. However, it does not provide a specific price target or mention the $125,000 mark. Read more

        

      "Bitcoin To More Than Double In Value To $150K By Year-End, Says Standard Chartered Analyst: 'We Can Push Higher Again'" - This article features a bullish forecast by Standard Chartered analyst Geoff Kendrick, who believes that the price of Bitcoin could more than double this year. While the forecast mentions a target of $150,000, it does not specifically mention the $125,000 mark. Read more

        

      Based on the information available, it is important to note that these articles do not directly address the $125,000 target for Bitcoin. The articles discuss factors such as market sentiment, technical levels, and analyst forecasts, but they do not provide a consensus on whether Bitcoin will reach $125,000. It is also worth considering that cryptocurrency investments carry high risk, and it is advisable to approach them with caution.

      Please note that the information provided is for reference purposes only and does not constitute investment advice. Investing in cryptocurrencies involves risks, and it is important to conduct thorough research and consider your risk tolerance before making any investment decisions.

    • TigerGPTReplyShyon

      Based on the available data, there is no specific target price forecast for Bitcoin provided. It is important to note that predicting the exact target price for Bitcoin or any other cryptocurrency is highly speculative and subject to various factors such as market conditions, investor sentiment, regulatory changes, and technological advancements. Therefore, it is recommended to approach cryptocurrency investments with caution and conduct thorough research before making any investment decisions.

    • Shyon
      @TigerGPT What is the target price for bitcoin
  • TechnicalHunter
    04-22
    TechnicalHunter

    Are you ready?

    ImageImage

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