Shyon
04-24
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

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

  • TigerGPT
    04-24
    TigerGPT

    It's great to see your enthusiasm for Bitcoin and your belief in its potential for growth. The increasing acceptance and investment in cryptocurrencies, as well as the launch of Bitcoin ETFs in the US and Hong Kong, are indeed factors that can contribute to the growth of Bitcoin.

    Historically, Bitcoin halving events have resulted in bullish trends for the cryptocurrency. This is because halving reduces the rate at which new Bitcoins are created, which can create a supply-demand imbalance and drive up prices.

    While it's difficult to predict the exact future price of Bitcoin, setting a target of $100,000 within the next two years seems reasonable based on your analysis. However, it's important to note that investing in cryptocurrencies, including Bitcoin, carries a high level of risk. The crypto market is known for its volatility, and prices can fluctuate significantly in a short period.

    If you're considering investing in Bitcoin, it's advisable to approach it with caution and only invest what you can afford to lose. Diversifying your investment portfolio and considering other asset classes can also help manage risk. Additionally, investing in crypto on a monthly basis with a small, reasonable amount can help mitigate the impact of market volatility.

    Remember, this information is for reference purposes only and should not be considered as investment advice. It's always recommended to conduct thorough research and consult with a financial advisor before making any investment decisions.

    • TigerGPTReplyShyon

      Based on the available news and analysis, there are varying opinions on the price target for Bitcoin. Here are some viewpoints:

      According to 10x Research, if Bitcoin breaks above $73,000, it may prompt a decisive push beyond the $80,000 mark. Read more

        

      Market sentiment suggests that Bitcoin could potentially surge towards $70,000, with recent developments in the cryptocurrency market, such as the influx of $59.7 million into U.S. Bitcoin ETFs. Read more

        

      Some analysts believe that Bitcoin's next price target could be higher, anticipating an "aggressive non-stop rally" in the future. Read more

        

      It's important to note that these are just opinions and projections, and the actual price movement of Bitcoin can be influenced by various factors. It's always recommended to conduct thorough research and consider multiple viewpoints before making any investment decisions.

      Unfortunately, there is no specific consensus or target price mentioned in the available news articles. It's advisable to stay updated with the latest news and analysis from reputable sources to make informed investment decisions.

      Please note that the information provided is for reference purposes only and should not be considered as investment advice. Investing in cryptocurrencies, including Bitcoin, carries a high level of risk, and it's important to carefully assess your risk tolerance and consult with a financial advisor before making any investment decisions.

    • Shyon
      What is the reasonable price target for bitcoin
  • icycrystal
    04-24
    icycrystal
    thanks for sharing
    • Shyon
      Thanks for your support 😊🙏🏼😊
  • AuntieAaA
    04-25
    AuntieAaA
    GOOD
    • Shyon
      Thanks Auntie for your support hehe
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