Topic: 60k possible before end of this month? - page 7. (Read 1092 times)
That's hard to say despite the quick increase in the price as of the recent time, it's probably not going to be skyrocket kind of increase but I do think that it will go to 60k on the 1st quarter of the year, I just don't think that it's going to be this month and I do hope that it's not going to be this month because it's going to be a problem for me, I want to get as much bitcoin whenever I purchase with my DCA so it's a bad thing for me if I don't buy now and wait but the only thing that I can do is wait, there's no other way around but wait until the paycheck hits for me, hopefully I can get in at a lower price so I'm not that hurt that I'll be locking a big portion of my money into bitcoin for future profit.
Well, I enjoy looking at the current trend and I assume that many of us are shocked. But it was enough, the price of Bitcoin may or may not continue to rally that's it, and it could be good not to speculate that high this time. Unless the market cycle had changed already.
I could assume that many BTC holders take their chance to upload their coins after seeing the price increase, not a new thing in the crypto space. And the impact is going down. I was observing the trend, it never stays high too long like 2 weeks which I expect any of these days, but the downtrend seems to appear. Moreover, I'm glad we have this kind of movement making newcomers think that the market is not always on the rally but there are corrections as well.
I could assume that many BTC holders take their chance to upload their coins after seeing the price increase, not a new thing in the crypto space. And the impact is going down. I was observing the trend, it never stays high too long like 2 weeks which I expect any of these days, but the downtrend seems to appear. Moreover, I'm glad we have this kind of movement making newcomers think that the market is not always on the rally but there are corrections as well.
60k possible before end of this month?
We are midway across the month and it looks like bitcoin has slowed down a little bit after crossing the $50k mark. It could still be possible for bitcoin to hit $60k for the remainder days of the month, but it is always to be expected the little corrections every after price pump, since there are also a lot of people who will sell and repurchase after the short correction.
Regardless of those, bitcoin for sure is going to be on an upward motion while heading towards the day of the halving and it will go on further in the next 5-10 months, just like every bitcoin post halving price before. Bitcoin could possibly reach the 6 digit mark late this year or early in 2025.
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.
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.
Yes its possible to happen especially right now there are more hypes spreading and the halving discussion and its possible effect has been in talks with people so provably many are now looking forward to see bitcoin hit its new ATH so maybe the current effect happened is due to those people slowly starting to accumulate.
But if we talk about bitcoin hitting a half million of dollar by 2025 I guess that's different story that we could discuss since that figure is so far and it maybe need a lot of investment to pour that's why for me its kinda hard to achieve but once bitcoin holders and supporter will decide to accumulate more then hold their bitcoins maybe we can possibly see this price to reach on that particular year. But I doubt it will touch at that figure knowing after a huge bullish run came there's a correction will happen so hopefully we can't see huge decline after that.
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.
Bitcoin has done it again, the bullish comeback was much anticipated, but it is worth giving kudos because it did not fail our expectations to say the least. But now, as usual, you will hear people calling various prices due to what is happening, but to me, I do not see them as mostly professional, they will just randomise the calling which makes it inconsistent. Especially the round figure levels and psychological prices that they often call. As for me, I see that Bitcoin is bullish for now, and the main target is at the ATH of the coin, I see nothing so important to call a target again except that, at least for now.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.
But this level is still higher than what can be hit any time soon, we will have to be so patient enough for it. It might however be hit before the halving if the market is so determined to move higher, or it might hit it shortly after halving which was against what people expected initially. Thinking that it would take a month after halving for this to be achievable. Lastly, the $60,000 level you called is achievable as well, but I do not see it happening in February. Bitcoin can't move higher without having its own bearish challenges as well no matter how little it is.
You need to look at the etf flows and we should get a good guide. For the last 5 days or so we got around $500M in positive flows, which is massive.
Today we only got BITB which was like $100M positive but got $130M in GBTC which was negative so since Fidelity and blackrock aren’t up, I am assuming we will have maybe $300M or so in positive flows. As long as this keeps happening we should grind up to $60K.
Today we only got BITB which was like $100M positive but got $130M in GBTC which was negative so since Fidelity and blackrock aren’t up, I am assuming we will have maybe $300M or so in positive flows. As long as this keeps happening we should grind up to $60K.
Of course its very possibilities for bitcoin raise up to $60k before end this month, left two weeks later for this month and I sure bitcoin have more enough time get recovery left $8k before raising up to $60K. Don't worry to see bitcoin will raise higher price before end this month because many positive news and bitcoin trend keep stable on the higher price, I believe with bitcoin potential easily to reach up to $60k regarding bitcoin price since yesterday keep consistent around $52k.
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.
It seems there possibility that the price of bitcoin could reach half a million dollars after the halving until next year 2025, but it depends on whether there is a fairly drastic correction after the halving. Bitcoin prices are usually not very stable after a few months of the halving. Lets see how much price and stable of bitcoin exactly after halving time and how strong bitcoin keep defending on the higher price to get speculation for possibilities hit half million dollar or not.
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.
normally I would say 55-62k by April 15 then a 1 -3 month slump. We then break 100k in the fall and maybe 200 k early 2025
And my prediction is that the price of Bitcoin could reach 55K-68K in mid-April and there will be a decline to 40K-45K in a few months. And it will increase again in the fall until it reaches 100K-150K, it is best to continue to accumulate and increase purchases during the downturn to achieve extraordinary profits in the future.
If we get constant levels of inflows on spot bitcoin and at the same time through the bitcoin ETFs, then we'll get there in no time. Not sure about EoM though, a bit too soon but definitely not impossible if dips are just as minimal as what we had in the 12th-13th of this month.
Of course its very possibilities for bitcoin raise up to $60k before end this month, left two weeks later for this month and I sure bitcoin have more enough time get recovery left $8k before raising up to $60K. Don't worry to see bitcoin will raise higher price before end this month because many positive news and bitcoin trend keep stable on the higher price, I believe with bitcoin potential easily to reach up to $60k regarding bitcoin price since yesterday keep consistent around $52k.
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.
It seems there possibility that the price of bitcoin could reach half a million dollars after the halving until next year 2025, but it depends on whether there is a fairly drastic correction after the halving. Bitcoin prices are usually not very stable after a few months of the halving. Lets see how much price and stable of bitcoin exactly after halving time and how strong bitcoin keep defending on the higher price to get speculation for possibilities hit half million dollar or not.
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.
normally I would say 55-62k by April 15 then a 1 -3 month slump. We then break 100k in the fall and maybe 200 k early 2025
Of course its very possibilities for bitcoin raise up to $60k before end this month, left two weeks later for this month and I sure bitcoin have more enough time get recovery left $8k before raising up to $60K. Don't worry to see bitcoin will raise higher price before end this month because many positive news and bitcoin trend keep stable on the higher price, I believe with bitcoin potential easily to reach up to $60k regarding bitcoin price since yesterday keep consistent around $52k.
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.
It seems there possibility that the price of bitcoin could reach half a million dollars after the halving until next year 2025, but it depends on whether there is a fairly drastic correction after the halving. Bitcoin prices are usually not very stable after a few months of the halving. Lets see how much price and stable of bitcoin exactly after halving time and how strong bitcoin keep defending on the higher price to get speculation for possibilities hit half million dollar or not.
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.
it is very possible that the price of bitcoin until the end of the month will break 60k dollars. currently the price of bitcoin is also in the 52k dollar price area. after all this is the year of halving the price will definitely be pushed up.
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.
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.
Stop worrying about what will happen this month. We're not even at the halving yet. Normally Bitcoin doesn't hit the ATH until about half a year after the halving. $60k wouldn't be that far from the ATH. Though I think its clear the addition of the new ETF market allowing TradFi investors into Bitcoin is causing Bitcoin's price to be well ahead of where it normally is at this point in the market cycle. But no reason to get your hopes up about it hitting $60k this month. Also it probably won't happen. $60k will happen in the near future, no reason to be so focused on it happening in the next two weeks. Heck we JUST hit $50k a few days ago. Nothing suggests it will immediately go to $60k.
It's possible of course, Bitcoin demonstrate excpectation-defying growth in the past, but it's more likely that at $55-56k there will be a correction, because after every price jump a correction will come. And getting close to ATH before even the halvening would be a bit worrying, it means that everyone recognizes the halvening pattern and thus the pattern no longer works. It could mean the accelerated bull market with the new ATH being reached in this year, and a new bear market after that.
The last two weeks or let me say a week had seen bitcoin move up like 20% from its price, this rapid rise which causes many investors to think maybe this is a kick start of the bull already but not like that according to some. This has raised questions on weather we will see a new all time high before the halving date, which I will say looks realistic with the amount of demand placed currently on bitcoin. After the Garyscale selling off was done the bearish period turned green which we all know was as a result of the buying power of other approved ETF companies who have been stacking up their bitcoin holdings for potential ETF users. Although the price is in going upward I still feel a little correction will be done when we get the region of $55k price.
I also see bitcoin entering hundred of thousand in next bull run and more precisely 2025 but a $500k speculation seems un realistic for now to me, because that’s like saying bitcoin would do a 10x from this current price which is not realistic because the volatility has reduce. My own target is 140-160 rejoin
I also see bitcoin entering hundred of thousand in next bull run and more precisely 2025 but a $500k speculation seems un realistic for now to me, because that’s like saying bitcoin would do a 10x from this current price which is not realistic because the volatility has reduce. My own target is 140-160 rejoin
$60k is actually very possible for bitcoin to reach before the month ends since the price seems increasing every day. However, due to bitcoin’s high volatility, I cannot give my 100% assurance knowing bitcoin is capable to move into its opposite direction surprisingly. Even if the market is very positive, that won’t be enough guarantee that bitcoin price will consistently experience a price increase. There are still unpredicted market crash or price correction that will suddenly appear when we least expect it, so always be open for that possibility.
For now, let’s not focus on how high its price will be in the coming days, but focus more on your bitcoin halving’s preparation. If you can purchase more bitcoin and store sufficient amount of bitcoin in your portfolio before halving comes, that would mean a very smart move while the market is still capable to provide daily opportunity.
For now, let’s not focus on how high its price will be in the coming days, but focus more on your bitcoin halving’s preparation. If you can purchase more bitcoin and store sufficient amount of bitcoin in your portfolio before halving comes, that would mean a very smart move while the market is still capable to provide daily opportunity.
Sincerely speaking, I look forward to seeing even more than 60k Bitcoin price in this week or month, this is very possible to achieve considering the pest at which Bitcoin has been moving in price recently and how the price of bibitcos has been a steady pump lately.
So with that understanding, I will not hesitate to speculate the possibility of such a price at any point in time and in achieving that we have to remain positive and take the right action that will support the price to keep moving up continuously.
So with that understanding, I will not hesitate to speculate the possibility of such a price at any point in time and in achieving that we have to remain positive and take the right action that will support the price to keep moving up continuously.
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.
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.
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