60k possible before end of this month? - page 2.

BABY SHOES

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The previous post I said the end of February is not necessarily going to $60K but that is not true but the OP's prediction has been accurate where before the end of this month bitcoin has exceeded $60K. Cheesy

Current price :

I use Bitcoindata extension (Bitmover)

In the last 24 hours bitcoin jumped higher, this will be close to the previous ATH,,, So it will be so optimistic when looking at the initial movement of bitcoin so fast, but we do not doubt where the price of bitcoin to $100K in the near future, this is still possible friend, so will continue to maintain HODL Btc.

Sebas.tian

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We have hardly 5 days left now. Seeing the current status of Bitcoins, we might not cross 60k usd mark. But yes we will be definitely seeing the price getting closer there. Bitcoins really surprised us, when it crossed 50k usd in fraction of time during the starting few weeks of February. If this is maintained, then definitely we might see new ATH price for the coin. Bitcoins will definitely cross the 60k usd price mark in the March month.

I don't think, the price of Bitcoin will hit $60,000 yet in this month of February because it remain two days before the end of February, which it will be difficult for investors to feel such amount from the market but it will definitely happen next month for investors to experience above $60,000. It was a thing of joy, seen the price of Bitcoin increased to this stage that is making investors to achieve a passive income from their investment, because they never thought of such thing will happen in this month of February. You can see that the price of Bitcoin has increased again to hit $57,000 which is another sign that the massive bullish season investors are waiting for in the market, is about to happen.

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Quote from: The Sceptical Chymist on February 27, 2024, 07:25:04 PM

Yesterday morning I would have said that the end of the month is coming too soon for bitcoin to hit $60k--and then having just woken up and checked the price, I can see that I'm once again blown away by what the market can do. So at this point I'd say it's not only possible but probable (but that's assuming there's not a pullback by traders taking their profits off the table).

There's going to be a big dip at some point, and I'm hoping it's not a crash. The other day I looked at bitcoin's price chart on CMC, and it's been rising more or less steadily since the bottom in November 2022--and not only rising, but rising fast. It's the rate of the rise that concerns me and should concern anyone else who's been around bitcoin for any significant length of time, because although we might hit a new ATH, what happens after that might not be good.

Keeping fingers and toes crossed.

Every scenario is possible and what we need to do is always have a plan for both market scenarios.

There are also many people who are waiting for bitcoin to plummet so they can buy and hold until bitcoin reaches a new ATH. There are also many people who feel scared when they see bitcoin increasing so quickly and consider it a big trap and do not dare to participate in the market right now. But bitcoin is unpredictable, when people are still skeptical and uncertain, bitcoin will increase in price to everyone's surprise.

I think it will be interesting if we enter an uptrend and bitcoin continuously hits ATH from now on to the regret of many. I think that with the participation of traditional money flowing into the market through ETFs, it is possible that history will change and create new history.

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Yesterday morning I would have said that the end of the month is coming too soon for bitcoin to hit $60k--and then having just woken up and checked the price, I can see that I'm once again blown away by what the market can do. So at this point I'd say it's not only possible but probable (but that's assuming there's not a pullback by traders taking their profits off the table).

There's going to be a big dip at some point, and I'm hoping it's not a crash. The other day I looked at bitcoin's price chart on CMC, and it's been rising more or less steadily since the bottom in November 2022--and not only rising, but rising fast. It's the rate of the rise that concerns me and should concern anyone else who's been around bitcoin for any significant length of time, because although we might hit a new ATH, what happens after that might not be good.

Keeping fingers and toes crossed.

pawel7777

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Quote from: $crypto$ on February 27, 2024, 03:03:03 PM

No doubt it took a few thousand dollars to touch $60K but there is only one day left, but we must realize that bitcoin always has a big explosion in 1 day so it is still possible, but initially not so sure but after yesterday's surge will make many predictions bounce upwards.

February is 29 days this year, so we have 2 days left, not one, so plenty of time Grin

The volume started to drop a little bit, but might pick up again tomorrow.

Quote from: GeorgeJohn on February 27, 2024, 04:52:21 PM

I always emphasize on this because I come to oppose anyone's prediction concerning cryptocurrency especially Bitcoin so when predicting the price of Bitcoin nobody is sure what is the price will a land on by the end of this month on February so the price can change at any point in time and it is obvious that when the price changes nobody will know because they cause is originated from the demand and the supply of cryptocurrency especially Bitcoin,.

There's nothing wrong in having fun making predictions. I don't think anyone here really takes it too seriously and actually cares whether we indeed surpass $60k by the end of Feb, or if it will happen a bit later. People are just happy the price is finally going up after years of staying relatively low (compared to previous ATH).

GeorgeJohn

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Quote from: uneng on February 27, 2024, 04:44:45 PM

I don't think Bitcoin can surpass the 60,000$ mark by the end of February. There are only 2 days left, and 3000$ to rise up. That seems too much for Bitcoin, considering how much it has already grown recently. Moreover, keep in mind rounded levels like 40,000$, 50,000$, 60,000$ are always harder to cross, because they are well known resistance levels. Once Bitcoin price reaches close to these levels the tendency is that we see corrections or price stagnation.

About the possibility of Bitcoin going up to 200,000$ or even a half million dollars after the halving, I think these are unrealistic scenarios. There isn't enough room for Bitcoin to rise so much like that, considering it grows less intensively each new halving cycles. I guess we can consider us lucky enough if Bitcoin hits the 100,000$ barrier between 2024 and 2025...

My advice is to avoid being greedy on your goals in crypto market. If you expect too much from it, you end not cashing out profit in right time, so the bear market comes, crash prices and you end having to wait until the next bullish season to sell your coins again.

I always emphasize on this because I come to oppose anyone's prediction concerning cryptocurrency especially Bitcoin so when predicting the price of Bitcoin nobody is sure what is the price will a land on by the end of this month on February so the price can change at any point in time and it is obvious that when the price changes nobody will know because they cause is originated from the demand and the supply of cryptocurrency especially Bitcoin,.

uneng

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I don't think Bitcoin can surpass the 60,000$ mark by the end of February. There are only 2 days left, and 3000$ to rise up. That seems too much for Bitcoin, considering how much it has already grown recently. Moreover, keep in mind rounded levels like 40,000$, 50,000$, 60,000$ are always harder to cross, because they are well known resistance levels. Once Bitcoin price reaches close to these levels the tendency is that we see corrections or price stagnation.

About the possibility of Bitcoin going up to 200,000$ or even a half million dollars after the halving, I think these are unrealistic scenarios. There isn't enough room for Bitcoin to rise so much like that, considering it grows less intensively each new halving cycles. I guess we can consider us lucky enough if Bitcoin hits the 100,000$ barrier between 2024 and 2025...

My advice is to avoid being greedy on your goals in crypto market. If you expect too much from it, you end not cashing out profit in right time, so the bear market comes, crash prices and you end having to wait until the next bullish season to sell your coins again.

SmartGold01

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Quote from: GeorgeJohn on February 27, 2024, 02:54:03 PM

Quote from: SmartGold01 on February 15, 2024, 05:15:57 PM

~Snip~
Let us discuss.

you cannot trust the increment of Bitcoin like that because there is every tendency that the price of bitcoin can retrace and the fall back based on the demand and the supply so if the price changes or the market of Bitcoin changes no that it is based on the demand and that is why I said that anything can happen in cryptocurrency and if it happens to retrace that means the price of bitcoin will fall, so the investors control the market of bitcoin from my perspective.

I think if you look from my speculation I am almost right because today bitcoin has already touched 57k plus and we still have about 3 days to entire swipe of this months away from 2024 and with the sudden surge within this period which is just yesterday and today really proves that bitcoin is certainly gonna touch $60k before this month runs out, if it didn't touched then for sure first week of next week within 1st to 7th of March we will have bitcoin touched $60k. I still understand that the market is volatile but a strong feeling that the ETF approval is really giving a strong wave to the bitcoin growth.

$crypto$

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Quote from: SmartGold01 on February 15, 2024, 05:15:57 PM

From the look out of things there is no doubt that $60k is sure before the end of this month February reason being that bitcoin has surpasses the price of 50k and headed to $52k if I am not mistakenly and you can correct me if I am wrong.

No doubt it took a few thousand dollars to touch $60K but there is only one day left, but we must realize that bitcoin always has a big explosion in 1 day so it is still possible, but initially not so sure but after yesterday's surge will make many predictions bounce upwards.

If not the end of Feb then in early March bitcoin will be in the $60K range I believe that it is not even impossible if before the halving there will be ATH? This is just a theory that sometimes believes or not, but this time the cycle will be a little different where more goes into this sector than other sectors.

GeorgeJohn

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Quote from: SmartGold01 on February 15, 2024, 05:15:57 PM

From the look out of things there is no doubt that $60k is sure before the end of this month February reason being that bitcoin has surpasses the price of 50k and headed to $52k if I am not mistakenly and you can correct me if I am wrong.
Also does this proves the idea of most people saying that bitcoin could hit half a million dollars after the halving by 2025, does this sign proves it right?

Let us discuss.

you cannot trust the increment of Bitcoin like that because there is every tendency that the price of bitcoin can retrace and the fall back based on the demand and the supply so if the price changes or the market of Bitcoin changes no that it is based on the demand and that is why I said that anything can happen in cryptocurrency and if it happens to retrace that means the price of bitcoin will fall, so the investors control the market of bitcoin from my perspective.

bhadz

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2 more days before this month ends and from $52k now we're at $57k, $3k more to go for us to see $60k. I think within these two days, it's possible. But after all of these pumps, I think that there will be some reversal and correction that might come. Half a million dollars by 2025 is quite high but I'd like to have that and I'd no doubt going to sell when that happens. Taking profits is always the best thing that's ever happening to any holder. We don't get to hold forever and we have to enjoy these profits and diversify these profits into somewhere else and another investment that will give us another passive income.

pawel7777

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Quote from: fuguebtc on February 26, 2024, 03:57:40 AM

(...) But now, when bitcoin did not increase in price as people expected, they started to feel sad and disappointed. (...)

What exactly do you mean by this? It's still too soon for the 4-year cycle pump, that should come after the halving. I believe Bitcoin is following is following the pattern quite well.
But if you mean unrealistic expectations of some people that Bitcoin would skyrocket to the moon on the day the SEC approves spot ETFs - those hopes were quite silly to begin with. ETFs will have a positive effect on the price (or at least in theory - they should) but a bit more time is required.
The current rally is said to be a result of very high demand and volume of the ETFs, so it could turn out to have a stronger effect than the upcoming halving.

Anyhow, we're less than 5% away from $60k so it's very possible we can hit that by the end of Feb.

el kaka22

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It looks like the possibility is there, not saying that it will though. Bitcoin is a volatile and unpredictable market so it could very well go above 60k that is true but it could also fail to do that as well and we wouldn't really know about it, we are just making a guess here.

The best thing to do at this stage would be making sure that we are dealing with something that could benefit us as much as possible, that should be fine on the long run. I know that it is going to be not that easy, and we may end up with some trouble if we are not careful. Hopefully, people will end up with a good return eventually, the increases are required to keep the hype going so that people are keeping crypto world more popular which benefits us all.

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Quote from: kotajikikox on February 25, 2024, 09:28:50 PM

Quote from: SmartGold01 on February 15, 2024, 05:15:57 PM

From the look out of things there is no doubt that $60k is sure before the end of this month February reason being that bitcoin has surpasses the price of 50k and headed to $52k if I am not mistakenly and you can correct me if I am wrong.
Also does this proves the idea of most people saying that bitcoin could hit half a million dollars after the halving by 2025, does this sign proves it right?

Let us discuss.

We are 3 days to go mate and I think we will not get this targeted amount as its even harder for bitcoin now to cross 55k so maybe lets see what happens in April as the halving is expected to happen.

Quote from: philipma1957 on February 25, 2024, 08:57:29 PM

60k in a day!

or not.

I'm afraid it will not !! Sadly..

I see too many contradictions for a bitcoin investor. I remember when the price of bitcoin dropped, people always shouted that it was a good opportunity for us to accumulate bitcoin before it skyrocketed. But now, when bitcoin did not increase in price as people expected, they started to feel sad and disappointed. Why don't we think positively that the fact that bitcoin has not yet reached 60k USD is a good opportunity for us to continue to accumulate bitcoin? Because if we look in the long term, it is almost certain that bitcoin will exceed 60k$ and once it surpasses 60k$, the opportunity for us to buy cheap bitcoin will no longer exist.

There's nothing sad about bitcoin not reaching $60k this month or next. The sad thing you should think about is that you have too little bitcoin when it reaches 60k$ or not too much bitcoin when it reaches the new ATH. Focusing on accumulating will be better for us instead of sitting and looking at the price of bitcoin every day and hoping it will increase quickly.

Sexylizzy2813

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Quote from: DanWalker on February 25, 2024, 11:25:56 PM

Quote from: Sexylizzy2813 on February 25, 2024, 08:48:17 PM

Quote from: SmartGold01 on February 15, 2024, 05:15:57 PM

From the look out of things there is no doubt that $60k is sure before the end of this month February reason being that bitcoin has surpasses the price of 50k and headed to $52k if I am not mistakenly and you can correct me if I am wrong.
Also does this proves the idea of most people saying that bitcoin could hit half a million dollars after the halving by 2025, does this sign proves it right?

Let us discuss.

I don't see $60k anytime soon due to how poor the market movement have been in past few weeks since after hitting $50k. It has been from $50-52k and it doesn't look like it will even get to $55k before the end of this month and I feel that this month has given us what it can, who knows by next month we might see a rapid raise of Bitcoin price but not in this February ending.

For me, the market is doing very well in the past weeks but it's not as bad as you think. Although bitcoin has not had a breakout in February, it remains in the 49k-52k area and with it bitcoin dominance is trending downward. That means it is giving way to altcoins and you can also see that after ETH crossed $3k many altcoins are doing well again. The market is still very stable for people to seek profits, but money flows continuously move into different ecosystems. So people with knowledge and experience will make a lot of profit during this time.

As for bitcoin, I think there will be no breakout this February, but before the halving, bitcoin will have some good growth and there will be a post-halving correction.

Honestly I never expected the market to be this slow in terms of movement but I'd say is not that ok to me in the sense that we have been on this same amount $50-52k for the last 2-3 weeks and with how it has being moving in the last 4-5 months, to me is like it will never get past $52k till the end of this month unless February has never been a positive month in Bitcoin history or records.
I'd agree with you that many users are making profit with how the price of Bitcoin is at the moment and coupled with the fact that things are back to normal I feel business has come back to that productive state but it would be better if the price continue to hit forward till we get past $52k to $60k.

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Quote from: JariKriting on February 25, 2024, 05:21:25 PM

it's still difficult to break 60k dollars for this month.
bitcoin price movements are still in the 50k-52k price range only, if after halving the price of 60k it will be very easy to achieve but if this month it is still very difficult and may not touch the price of 60k dollars.

Difficult to achieve in the near future or within this month does not mean that it will forever be difficult for Bitcoin, because the durability of the price which is still in the range of $50K - $52K is a sign that Bitcoin could reach the $60K level before the halving occurs. Because this level is not a level that is too far away for Bitcoin if we still see the price of Bitcoin at $50K - $52K, so you don't need to hesitate about that because as long as market conditions don't experience more severe price corrections and bad news that can change market conditions To make matters worse, Bitcoin's $60K price hit could happen before April.

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Quote from: Sexylizzy2813 on February 25, 2024, 08:48:17 PM

Quote from: SmartGold01 on February 15, 2024, 05:15:57 PM

From the look out of things there is no doubt that $60k is sure before the end of this month February reason being that bitcoin has surpasses the price of 50k and headed to $52k if I am not mistakenly and you can correct me if I am wrong.
Also does this proves the idea of most people saying that bitcoin could hit half a million dollars after the halving by 2025, does this sign proves it right?

Let us discuss.

I don't see $60k anytime soon due to how poor the market movement have been in past few weeks since after hitting $50k. It has been from $50-52k and it doesn't look like it will even get to $55k before the end of this month and I feel that this month has given us what it can, who knows by next month we might see a rapid raise of Bitcoin price but not in this February ending.

For me, the market is doing very well in the past weeks but it's not as bad as you think. Although bitcoin has not had a breakout in February, it remains in the 49k-52k area and with it bitcoin dominance is trending downward. That means it is giving way to altcoins and you can also see that after ETH crossed $3k many altcoins are doing well again. The market is still very stable for people to seek profits, but money flows continuously move into different ecosystems. So people with knowledge and experience will make a lot of profit during this time.

As for bitcoin, I think there will be no breakout this February, but before the halving, bitcoin will have some good growth and there will be a post-halving correction.

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Quote from: SmartGold01 on February 15, 2024, 05:15:57 PM

From the look out of things there is no doubt that $60k is sure before the end of this month February reason being that bitcoin has surpasses the price of 50k and headed to $52k if I am not mistakenly and you can correct me if I am wrong.
Also does this proves the idea of most people saying that bitcoin could hit half a million dollars after the halving by 2025, does this sign proves it right?

Let us discuss.

We are 3 days to go mate and I think we will not get this targeted amount as its even harder for bitcoin now to cross 55k so maybe lets see what happens in April as the halving is expected to happen.

Quote from: philipma1957 on February 25, 2024, 08:57:29 PM

60k in a day!

or not.

I'm afraid it will not !! Sadly..

GreatArkansas

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Quote from: JariKriting on February 25, 2024, 05:21:25 PM

it's still difficult to break 60k dollars for this month.
(....)

We still have a few days left before the month ends, so for me, this $60,000 is still possible because as we all know, the monthly closing candle is also significant where we will see high volatility every start/end of the month.

Just incase we will ever not see $60,000 it's fine, as long as we maintain the good price action, we will get there.

philipma1957

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60k in a day!

or not.

Topic: 60k possible before end of this month? - page 2. (Read 1102 times)