Here's what a $250,000 Bitcoin run could look like in 2024
Whether you believe it's the World's Biggest Ponzi scheme or if you truly believe the World is going crypto, here's what a $250,000 Bitcoin run could look like in 2024.
With another Bitcoin block halving event looming ever closer, savvy (or naiive) investors are loading up on crypto in anticipation of the event. As the past halving events have catapulted Bitcoin (and crypto in general) on to new highs with each subsequent halving. But it isn't without its risks, and past performance is no guarantee of future results in the world of investing. As the past 2 years have shown, ANYTHING can happen in the market.
With market capitulation at record numbers, I think it's fair to say we're all looking forward to greener days. Well 2024 could very well be the year we see more records shattered as far as Bitcoin is concerned.
Below, I've super-imposed Bitcoin's price chart and scaled it into the future to touch the $250,000 dollar mark in late 2024 early 2025. The reason I chose to do so was to align the bullrun to roughly coincide with not only the Halving, but also the 2024 Presidential Election.
Will it happen that way? I don't know.. if only I had a crystal ball.. But I'd say it's at the very least a very hopeful and optimistic outlook that I would love to see happen. One thing I know for certain, the digitization and decentralization of currency has opened up many amazing opportunities that have benefited those daring enough to take the risk at the right time. Me personally, I'm trying to ride that wave as high as I can. The market WILL turn around eventually, it always does, but not necessarily your particular picks.. you might be fucked.
With another Bitcoin block halving event looming ever closer, savvy (or naiive) investors are loading up on crypto in anticipation of the event. As the past halving events have catapulted Bitcoin (and crypto in general) on to new highs with each subsequent halving. But it isn't without its risks, and past performance is no guarantee of future results in the world of investing. As the past 2 years have shown, ANYTHING can happen in the market.
With market capitulation at record numbers, I think it's fair to say we're all looking forward to greener days. Well 2024 could very well be the year we see more records shattered as far as Bitcoin is concerned.
Below, I've super-imposed Bitcoin's price chart and scaled it into the future to touch the $250,000 dollar mark in late 2024 early 2025. The reason I chose to do so was to align the bullrun to roughly coincide with not only the Halving, but also the 2024 Presidential Election.
Will it happen that way? I don't know.. if only I had a crystal ball.. But I'd say it's at the very least a very hopeful and optimistic outlook that I would love to see happen. One thing I know for certain, the digitization and decentralization of currency has opened up many amazing opportunities that have benefited those daring enough to take the risk at the right time. Me personally, I'm trying to ride that wave as high as I can. The market WILL turn around eventually, it always does, but not necessarily your particular picks.. you might be fucked.
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