60k possible before end of this month? - page 3.

Sexylizzy2813

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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.

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.

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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.

We are nearing the end of the month and bitcoin has not shown any signs of breaking the $55k resistance. I think $60k will be tough as market conditions have looked sideways in the last few days, but no one knows for sure what will happen next. There is some resistance to break before $60k, it is $33k, $35k and beyond.

I'm becoming unsure and will probably just come to terms with the fact that $60k failed this February. It doesn't matter, we still have many months to wait for higher price movements. Halving is getting closer and this will be a good support to expect something bigger.

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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.

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Quote from: teamsherry on February 24, 2024, 03:22:57 PM

To be very realistic I don't care when it happens but I know bitcoin would surely hit a new ATH this year, I don't want to appear as tho i know much about bitcoin, but all I think is that as long as we keep on holding and new investors keep popping In they is enough fuel for even 60k this week, just keep buying don't mind thsi early bull run, there is still a chance to get profits this year

You have the right thinking as you won't be like many people who are scared any time Bitcoin price falls, Bitcoin can get to $60,000 anytime it wants to do that therefore we shouldn't be worried when that is going to happen. This year and next year is going to be a very bull times for Bitcoin because of Bitcoin halving and the rse in price that'll happen after the halving has ended. Bitcoin is going to get to a new highest price soon but it won't be happening this year if we're judging from history. Hit still things are looking different this time as Bitcoin is showing very bullish signs that it might reach a new all time high but lets not get out hopes too high because if we do and the ATH doesn't happen we mightn't take it well and get scared to start selling.

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Quote from: teamsherry on February 24, 2024, 03:22:57 PM

To be very realistic I don't care when it happens but I know bitcoin would surely hit a new ATH this year, I don't want to appear as tho i know much about bitcoin, but all I think is that as long as we keep on holding and new investors keep popping In they is enough fuel for even 60k this week, just keep buying don't mind thsi early bull run, there is still a chance to get profits this year

That's right, we have to be confident that the market will rise this year even though we can analyze several bullish signals that have the potential to reach ATH this year. If you start investing at this market price, you have to be careful because the market can be corrected at any time because the market has reached its highest recovery after the previous bearish market, so make sure you are ready for the high risk if the market moves not according to your assumptions, but I suggest you You can buy at a lower price or you can apply the DCA investment strategy to reduce the risk of loss.

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To be very realistic I don't care when it happens but I know bitcoin would surely hit a new ATH this year, I don't want to appear as tho i know much about bitcoin, but all I think is that as long as we keep on holding and new investors keep popping In they is enough fuel for even 60k this week, just keep buying don't mind thsi early bull run, there is still a chance to get profits this year

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Quote from: Ojima-ojo on February 24, 2024, 01:05:48 PM

Quote from: mich on February 24, 2024, 05:18:47 AM

Well, the price of 60k does sound like a good number for us to have. But I do think we are going to stay close to the current price of 50k until later on in the year.

But we do not know if that will happen to us or it will not. I do think we are in a 'bull run' right now but for a 10k gain in just some days, I do not think will happen for us.

Based on the recent market data and chart movement, we may rely much longer below the 55k and the price of Bitcoin will continue to be battle to sustain its present base level of 50k+ for a while before we may see any attempt to climb to $55k before the month end, but 60k is somehow unrealistic at this point considering the current market situations.

Definitely, dear friend, you said it right that currently the Bitcoin price seems like it will flood below 55k and will move sideways despite it being caused by Wales because, before Halving They will try to trap all of the lam holders in the term of liquidation. Besides that we can also see the chart data in which we can clearly see that there are high amounts of long trade open below 55k, so if Wales liquidates them, he will surely take the price to 53k or 55k, otherwise the bull player is not in a hurry to manipulate the market.

Second, I believe that if the price movement remains the same, then it is showing movement exactly like the year 2016 in the annual time frame. Even in this, the price of Bitcion continued to rise before halving and when halving happened, suddenly the price started dropping and the price of Bitcoin. By falling until the end of the year and finally by bouncing back, he took a stance like his new ATH.

So it means, I hope that in the same way he will repaeate the cycle and raise the price before halving and take a step towards his bull run by dumping it. But it's speculation; that doesn't necessarily happen.

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Quote from: Nrcewker on February 24, 2024, 08:48:49 AM

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.

Bitcoin is still stagnant like indeed until the end of this month there will be no significant changes except in early March but we still can't be sure it will be the same as in early February, but usually when the halving is getting closer the price will slowly increase.

When it comes to talking about ATH we believe this will probably happen after the halving and that is 6-18 months ahead according to what we find in several other predictions about it, this is still quite reasonable to see that price in the future we will not be in a hurry to want that price because however bitcoin will still pass the previous ATH limit.

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Quote from: mich on February 24, 2024, 05:18:47 AM

Well, the price of 60k does sound like a good number for us to have. But I do think we are going to stay close to the current price of 50k until later on in the year.

But we do not know if that will happen to us or it will not. I do think we are in a 'bull run' right now but for a 10k gain in just some days, I do not think will happen for us.

Based on the recent market data and chart movement, we may rely much longer below the 55k and the price of Bitcoin will continue to be battle to sustain its present base level of 50k+ for a while before we may see any attempt to climb to $55k before the month end, but 60k is somehow unrealistic at this point considering the current market situations.

Nonetheless, we may see that price due to his unpredictable bitcoin can be in its pricing and market volatility movement so it's not as if, achieving that price 8s unrealistic but certainly we can foresee that right now due to alot of market forces and before we see any significant change in things, we may have to wait more longer before that will happen maybe after the bitcoin halving cycle when the block size may have been reduced and new all-time high at hand.

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Quote from: m2017 on February 24, 2024, 10:49:42 AM

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

There will always be doubts. I definitely have doubts that bitcoin will reach a price of $60k by the end of the month. After the recent explosive rise in price, bitcoin seems to be trying to catch its breath and doesn't have enough strength for a further continuous run.

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

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.

You're not wrong. Bitcoin reached the $50k level and even reached the ~$52k mark. But the jump in price from ~$40k to $50k doesn't mean that further (in the near future) we will see $60k, $70k, $80k (in series), and so on. You should not expect growth to be linear and constant. No not like this. Cryptomarket always fluctuates and now the price of bitcoin hangs around $50k-52k.

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

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?

Do you mean that at the peaks of this cycle we will see (per) bitcoin for $500k? Well, I don't tink so. Price increases are certainly inevitable, but not to such levels. Leave the expectation of such indicators for subsequent cycles.

Levels of $100-150k are more realistic.

You are correct most place I was wrong and without knowing that bitcoin price doesn't move in series as per say, I couldn't even believe with my eyes that till date we haven't seen bitcoin crosses above 52k level. Even if I was told that by today bitcoin won't cross 53k I will have to doubt with my heart because of it's spontaneous growth initially and its catchy to people eyes which made lot of people invested without even studying the market properly.

Today bitcoin still struggles within 50k to 52k respectively without crossing that level, and from my understanding I can easily say that the selling pressure which is holding bitcoin within this price level, but whenever the buying force supersedes the selling pressure then we can say that bitcoin is bounce to pass this level it's currently.

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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

There will always be doubts. I definitely have doubts that bitcoin will reach a price of $60k by the end of the month. After the recent explosive rise in price, bitcoin seems to be trying to catch its breath and doesn't have enough strength for a further continuous run.

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

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.

You're not wrong. Bitcoin reached the $50k level and even reached the ~$52k mark. But the jump in price from ~$40k to $50k doesn't mean that further (in the near future) we will see $60k, $70k, $80k (in series), and so on. You should not expect growth to be linear and constant. No not like this. Cryptomarket always fluctuates and now the price of bitcoin hangs around $50k-52k.

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

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?

Do you mean that at the peaks of this cycle we will see (per) bitcoin for $500k? Well, I don't tink so. Price increases are certainly inevitable, but not to such levels. Leave the expectation of such indicators for subsequent cycles.

Levels of $100-150k are more realistic.

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Personally, I don't think bitcoin will reach the 60000 mark by the end of February 2024. It will most likely be in a sideways trend for another 2-3 weeks, reducing the greed degree and unloading the RSI and overbought indicator. If there is a spurt to 60000 now, it may not be strong enough for bitcoin to establish ATH anytime soon.

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Quote from: Dailyscript on February 24, 2024, 09:28:39 AM

Anything is possible. I wont be surprised that bitcoin will hit 60k in a few days because i have been expecting it to reach that target for quite some time now.

Definitely, we do not know what will happen soon, but you can be certain of something that will happen. Like bitcoin, it is certain to reach 60k. The possibility of it happening is 90%. Don't forget, its just two months, and it's gone from 25k to 50k. In a few days or weeks, adding 10k is not a big thing for bitcoin.

Yes, it is not possible for us to know exactly what happens in the cryptocurrency market. Now Priced Than Bitcoin From here it won't be surprising if Bitcoin touches $60k within this month. We saw Bitcoin price rise from $46k to $51k in the space of a week. There are still 5 days left in this month, I think something like that will happen and the price of Bitcoin will touch $60k within this month.

Quote

Before April, it will be 60k for sure, and there is no doubt about it.

Many of us are hopeful that Bitcoin will touch $60k in early March, not April. The rate at which the price of Bitcoin began to increase after the middle of February many thought that Bitcoin would touch $70k this time, but the price of Bitcoin reached $52k. Now the price of Bitcoin is almost stable at this price.

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Quote from: mich on February 24, 2024, 05:18:47 AM

Well the price of 60k does sound like a good number for us to have. But I do think we are going to stay close to the current price of 50k until later on in the year.

But we do not know if that will happen for us or it will not. I do think we are in a 'bull run' right now but for a 10k gains in just some days I do not think will happen for us.

Anything is possible. I wont be surprised that bitcoin will hit 60k in a few days because i have been expecting it to reach that target for quite some time now.

Definitely, we do not know what will happen soon, but you can be certain of something that will happen. Like bitcoin, it is certain to reach 60k. The possibility of it happening is 90%. Don't forget, its just two months, and it's gone from 25k to 50k. In a few days or weeks, adding 10k is not a big thing for bitcoin. Before April, it will be 60k for sure, and there is no doubt about it.

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Quote from: mich on February 24, 2024, 05:18:47 AM

Well the price of 60k does sound like a good number for us to have. But I do think we are going to stay close to the current price of 50k until later on in the year.

But we do not know if that will happen for us or it will not. I do think we are in a 'bull run' right now but for a 10k gains in just some days I do not think will happen for us.

I'm on the same page with you on this one. I also think Bitcoin will swing between 49 and 51k for quite some months or even until the end of the year.

I also think that halv price has already done an impact on Bitcoin price situation and those who are still waiting for a sudden rising in price , might end up waiting for nothing. Grin

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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.

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Well the price of 60k does sound like a good number for us to have. But I do think we are going to stay close to the current price of 50k until later on in the year.

But we do not know if that will happen for us or it will not. I do think we are in a 'bull run' right now but for a 10k gains in just some days I do not think will happen for us.

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Quote from: Franctoshi on February 19, 2024, 12:31:25 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'm of the opinion that Bitcoin is heading up to 60k, but I'm not expecting it to all happen just in this month of February. We may have the price reach $55k because I'm considering the resistance levels ahead before we would make it up there, currently we are battling to break $52k I called out some time ago in this discussion board, So, I kind of think it will likely get extend to the month of March, but I'm not disputing the fact that it can't happen in the month of February, we have 10 days to go until the end of February, and it remaining $8k from this price of $52k -$60k

I am noticing that the energy with which the price was moving up have been exhausted. This can be seen as price has failed to break $52k. As of today bitcoin is trading at the upper $50k with the potential of going lower. If this continue this way, I do not think price to reach $60k before the end of this month. It is appearing like price may not achieve a new all time high before the halving since we are seeing this level of unwillingness of price to continue the bull run. This could be another indication that there are key players in the market that controls the price. On a brighter side, this might be opportunity for people to buy more before the halving because beyond halving, no one know where the price will be reaching for.

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Quote from: Sorryfor on February 20, 2024, 08:45:52 AM

Bitcoin crossing $60,000 seems natural to me. A review of the last few days of this month shows that the value of Bitcoin has increased very quickly. Currently Bitcoin has quite a bit of momentum. I've watched the Bitcoin graph occasionally, and I've seen the price of Bitcoin go from $43,000 to $52,000 in a very short period of time. Moreover, with the amount of popularity of Bitcoin, it can easily be said that Bitcoin will cross 60 thousand dollars within a few days. But there can be exceptions. What are your thoughts?

It remains to be seen how the market reacts in the short term, as Bitcoin has been in a huge uptrend and the price of Bitcoin is likely to hit $60k if the market's momentum continues. But after anything happens here in the short term, the longer term price prediction is a bigger uptrend. Bitcoin is expected to correct slightly after a big uptrend, but Bitcoin is still above $50k. The next few days will be important for Bitcoin's next short-term trend. Let's see how quickly we can see Bitcoin above $60k again.

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We just had a small correction, from $52,000 to $51,000 and it could still continue to dip. But I think the sentiments of the market is still bullish and as we have a week before the end of this month, speculations are still open. But for me, might be difficult to see $60,000 at least for this month. We have exhausted already or at least the bulls for now and so we might see some sideways for the last week but above the $50,000 price range.

Most important thing is that the market is bullish as we are approaching the block halvening. And there are no more black swan events in the horizon. So everything looks perfect moving forward to the most important event and the catalyst for the bull run that we all have been waiting.

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