Best Bitcoin Price Prediction For 2024

Here are some realistic price predictions for Bitcoin in 2024.
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Lark Davis Crypto Portfolio & Disclosures

00:00 Intro
00:33 Predictions
07:03 Why Bitcoin Will Explode

#bitcoin #crypto #investing
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How high can the price of Bitcoin go in 2024 well these are the best Bitcoin price predictions that I’ve seen anyway and why these different people and institutions believe that Bitcoin can go higher in 2024 and they’re all Higher by the way no one’s saying bitcoin’s going to zero everyone’s saying bitcoin’s

Going up the the question is how high is Bitcoin going to go well let’s go ahead and get straight into this because I think there’s some very interesting numbers to dive into here as well as the why the why of course is the really important thing Alliance Baron Stein’s

Prediction for Bitcoin in 20204 $80,000 now it’s only $110,000 over the previous all-time high of around $70,000 so it’s not like a groundbreaking prediction by any means what about Standard Chartered Bank well they’re saying that we could see a $100,000 Bitcoin by the end of 2024 now

This is where it starts to get interesting we’re going to look at the chart here to break down why these 100K numbers could actually be quite spot on vanc they’re also predicting $100,000 Bitcoin in 2024 great good solid fat chunky juicy sexy round number I’ll take 100K Bitcoin

Thank you very much that would be fantastic and I know some people are already oh $100,000 Bitcoin that’s never going to happen man come on get real come on now okay sure well I’ve been here for people saying that we would never get back above $20,000 we would never get back above

$10,000 look where we are today check this out why I think these 100K predictions are interesting or 100K plus predictions we have a few more predictions to look at is this so This Is 2020 if you weren’t around back then well it was a banger of a year you see

Bitcoin for most of the year didn’t do that very much we had of course the big crash everyone freaked out went down to $3,800 or 4,000 bucks whatever then we kind of ground out towards the Bitcoin having in miday not a lot of price action Bitcoin kind of went sideways for

A while had a little bit of price action from $9,000 to $122,000 back down so we had some moments throughout the year we had no giant giant Catalyst we had moment it was an exciting year a fun year and then micro strategy started buying Bitcoin and then others started buying

Bitcoin PayPal started selling to their customers all kinds of big catalysts started coming into play the bull market kicked into the holy crap phase post Bitcoin having to remind you so in the month of December Bitcoin went from about well let’s say $20,000 it’s the most important thing

$220,000 up to $35,000 and why I say 20,000 is the most important thing that’s the previous all-time high from 2017 so we smashed the previous all-time high and in the space of two weeks we went from 20 20K to 35k got moving when it started moving once we cracked

Over that previous High we started running real hard because there was no price resistance ahead it was all just whoa how high can we go people started getting very excited price started moving very very quickly and of course that’s just the two weeks to the end of

The year if we look at that particular rally the price got over 100% before you even saw any kind of retraction was basically four weeks of up only with a 100% move now that Bitcoin having was in May okay this Bitcoin having this year it’s in april’ll talk more about that in

A minute but okay 100% price Rally from over top of the previous all-time high and that 100% price rally happened in the space of four weeks so anywhere between a 50 to 100% price appreciation once we crack over that previous high if we can do it

In 2024 which I think that we can can give weight to to some of these other predictions bitcoin price to $116,000 says Sean Fel from fund Strat Matrix port s $125,000 again let’s go back to our chart where does that get us where is 50 to 100% over the previous alltime High

Well it’s an interesting number let’s have a quick look here if we go up 75% which would be on par with where we got in December of 2020 not accounting for the continued price action in January just end of 2020 okay that gets us up to about $120,000

If we keep pushing higher and we get up to that 100% Mark well that gets us up to about $140,000 which kind of lines up with some of these other predictions that we’re seeing Matrix port for example here’s interesting one from Crypton pointing out very interesting

Theory here so he says this cycle I’ll be keeping the closest eye on layer six for the Bitcoin cycle top he’s course talking about the logarithmic chart here and where we could go according to that he said by the having Cycles Theory date of plus or minus 21 days from November 28th

2025 here are the price of the top three bands layer 7 180k layer 6 130k layer 5 94k the layer 6 price of 130k lines up with around five other experiment that I performed for the cycle top even though most examples have been able to achieve

Layer seven it’s better to stay on the more conservative side so interesting so maybe that’s up to that’s in 2025 though okay this is the end of cycle this the end of cycle so where we could be going end of cycle okay so maybe we don’t get

A new high in 2024 this is also something we have to consider is that we may not get what we want we may want a new high in 2024 and that just doesn’t happen okay keep that in mind but a lot of price predictions basically everyone’s saying up the only question

Is how much up basically everybody predicting a new high in 2024 some dramatically so others just yeah we’re going to get up just a little bit over the previous all-time high by the end of the year others saying we’re going to double it by the end of the

Year who’s going to be right we have no idea because everyone’s just pulling pulling numbers out of the butts here Manda can predict the future nobody can predict the future man we all have our opinions our guesses our models our Frameworks for approaching this kind of question long

Story short up up and why I’m going to tell you in just a second but before we do that I just want to make a quick note if you’re not yet signed to the wealth Mastery newsletter you got to get this checked out best damn newsletter in the cryptocurrency industry every single

Issue stuffed full of alpha altcoin alpha airdrop Alpha defy alpha nft alpha news of course it’s the newsl you’re join our over 100,000 weekly readers and sign up for free using the link Down Below in the description thank you very much so why is Bitcoin setting up for

Such a big big year Bitcoin having coming three months are you ready are you ready to rumble I am it’s gonna be exciting damn Bitcoin having again I’m getting old man holy crap it’s exciting times very exciting times Bitcoin having is a big event Bitcoin having is a major

Catalyst has always been a major Catalyst for Bitcoin bitcoin’s tip of the spear when money comes into Bitcoin it filters down through the rest of the market of course we have these ETF products right now look with ETF products a lot of people are pointing all the same metrics

Bitcoin having ETF products all this kind of stuff you even have people coming out with calls like half million dollar Bitcoin okay okay guys chill out chill out now anyway the Bitcoin ETFs are very very important because we are seeing huge inflows of cash and yeah we have problems because of grayscale and

They’re bringing a lot of Bitcoin out some of it’s getting sold a lot of it’s going into other ETF products but the reality is every single week Millions hundreds of Millions millions of dollars I should say are being put into Bitcoin fresh cash flows if we can sustain that

Throughout the year that’s massive and that does start pushing the number up consistently okay okay keep that in mind and of course it’s not just about the US Bitcoin markets anymore we have international markets for ETF products coming Hong Kong talking about bringing a spot Bitcoin

ETF q1 this year Korea’s Office of the President pushing to get a Bitcoin ETF product approved in Korea it’ll be everywhere pretty soon every brokerage app in the universe is going to start offering Bitcoin ETF products we selling this to people out on Alpha centuri pretty soon man it’s gon be awesome get

The aliens here man things start buying our Bitcoin then we have ethereum ETFs that’s going to bring more liquidity into the Market ethereum ETF profits can go into Bitcoin ETFs and just more money in general in crypto and the more altcoin money that’s produced by cash

Flows into the market swings back up to bitcoin right it’s a big circular Market where we have money coming down okay bring money in Bitcoin liquidity effect we’ll sell Bitcoin buy altcoins make money in altcoins put it back in Bitcoin until the market tops out of course coinbase 70% likely to win their

Lawsuit against the SEC which is a big damn deal that’ll be a big moment for crypto basically every lawsuit the SEC has brought against every major company has been a major defeat for them if they lose this one that’s a major pump Catalyst Fed rate cuts are coming get

Ready prepare it’ll be a big event can have bearish implications for the market if those rate Cuts come during a recession if they don’t well you know could be a pump Catalyst keep an eye out for it and here I want to share this one with you because this I think is great

Keep it simple here is the price of Bitcoin where we are right now this the white one here right here versus previous Cycles so as you can see what happens we have the Bitcoin having big fat red line little chart here we have Bitcoin having and then what happens price doesn’t

Always take off Media might take a little bit time to get itself worked up and then blammo it blasts off like freaking crazy man absolute price explosion comes in PR Bitcoin having now the ETF is a major Catalyst for bringing new liquidity in that can drive that

Post Bitcoin having Mega rally now look I’ve always said 150k Bitcoin this cycle that was my guess was my guess early last year looking at the charts remains U I think a very important number for me I’m not wedded to numbers I’m looking at market conditions for any kind of selling 150k

Though yeah still seems like a pretty reasonable bet this cycle though with the money and the craziness and ETF products and Hong Kong gets an ETF and Korea gets an ETF and the ETF products even more bullish than we thought we could see higher 150k is probably a conservative estimate what

Do you think let me know Down Below in the description thanks for watching see you next Time