Well, the 60k recovery phase may be prolonged due to the current market conditions where Bitcoin price crashed to below 42k before recovering to its present price of 51k this year 2021 may end without Bitcoin making it back to it once the all-time high of above 70k.
Topic: 60k price recovery achieved (Read 1242 times)
I don't think Bitcoin price will be able to reach 70k before the end of 2021 we are already in the last month of the year and the holidays are around the corner many Bitcoin holders will want to make some purchase, this will a low the rate of Bitcoin holders and there will be more sale orders.
Well, the 60k recovery phase may be prolonged due to the current market conditions where Bitcoin price crashed to below 42k before recovering to its present price of 51k this year 2021 may end without Bitcoin making it back to it once the all-time high of above 70k.
It has been the new target again , after attaining multiple times now we are back to another denial to break that 60k .last week we almost take that level but suddenly with no clear reason the market fell down to even lower to 47k .
now slightly recovering and stepping 50,000 again so basically we will be needing another Hype to take that price and yes next target is 70k finally .
Well, the 60k recovery phase may be prolonged due to the current market conditions where Bitcoin price crashed to below 42k before recovering to its present price of 51k this year 2021 may end without Bitcoin making it back to it once the all-time high of above 70k.
It has been the new target again , after attaining multiple times now we are back to another denial to break that 60k .last week we almost take that level but suddenly with no clear reason the market fell down to even lower to 47k .
now slightly recovering and stepping 50,000 again so basically we will be needing another Hype to take that price and yes next target is 70k finally .
Well, the 60k recovery phase may be prolonged due to the current market conditions where Bitcoin price crashed to below 42k before recovering to its present price of 51k this year 2021 may end without Bitcoin making it back to it once the all-time high of above 70k.
Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.
I hope the bitcoin price will continue to rise until the end of this year to reach $80k. I don't know what's going on right now I don't understand about the current state of the market, the bitcoin price has decreased so that the current bitcoin price is around $54,262. Bitcoin price declines started from November 26, 2021 to the present. I'm very worried about the state of the market like this, I don't think Bitcoin price will reach $80k until the end of this year.
I'm trying to understand your position and maybe your position here as a bitcoin holder, so it's only natural that you should be worried about the price drop that occurred a few days ago. but what you need to know if this condition has become a natural thing because the price of bitcoin is very volatile, but if you are a long term holder you shouldn't have to worry too much about current market conditions.
Depending on how the market is doing, it may have a great uncertainty, we all aim for the price to reach $ 60k, but the selling pressure is immense, are we facing a possible volatility? I have reviewed many articles, but none have an upward or downward bias, the uncertainty is what they do not say but I know it is present, when large purchases are made the price rises, but not with the intensity it should be, I think that traders and investors are waiting for the price to go down to buy cheaper, and thus prepare to reach a very good record or possible new ATH.
Again not enough to sustain the price to 60k, now staying at 50k level and i think this will be the trend for the whole December and may change before it ends, what you think guys?
What do you mean? The price won't pass $60k in December? I think the price will be easy to pass $60k, it is just in a sideways now. Don't be so worried about the current correction, the price is already around $57k, even the price almost reached $60k yesterday. I am sure that you are influenced by some people trying to spread FUD. They want you selling your Bitcoin, while they are buying some to prepare the next pump. 
Previously it was predicted that bitcoin in December could not reach the price of $100k because it was too high to predict, although many analysts thought that in December
speculation will come here and there , people had different opinion and has different agenda , but one thing that they all have in common and that is their interest to profit.Quote
bitcoin became the new ATH. bitcoin yesterday broke the high of $68k and is now back at $57k. This indicates that the December market price could range from $65k to $75k if it wasn't influenced by negative issues.
75k might be the ATH this 2021.I doubt that by any chance 100k will be attained , but of course things may change at any moment because now that we are approaching December , this will decide what is the future of Bitcoin.
This is why im not really getting myself that much confident when theres some sudden pump because what comes next would really be
correction or price decrease which is really normal. I wont really be stressing out myself on something like this.
Previously it was predicted that bitcoin in December could not reach the price of $100k because it was too high to predict, although many analysts thought that in December
speculation will come here and there , people had different opinion and has different agenda , but one thing that they all have in common and that is their interest to profit.Quote
bitcoin became the new ATH. bitcoin yesterday broke the high of $68k and is now back at $57k. This indicates that the December market price could range from $65k to $75k if it wasn't influenced by negative issues.
75k might be the ATH this 2021.I doubt that by any chance 100k will be attained , but of course things may change at any moment because now that we are approaching December , this will decide what is the future of Bitcoin.
Previously it was predicted that bitcoin in December could not reach the price of $100k because it was too high to predict, although many analysts thought that in December bitcoin became the new ATH. bitcoin yesterday broke the high of $68k and is now back at $57k. This indicates that the December market price could range from $65k to $75k if it wasn't influenced by negative issues.
Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.
Again not enough to sustain the price to 60k, now staying at 50k level and i think this will be the trend for the whole December and may change before it ends, what you think guys?several weeks ago bitcoin recorded a ATH at 68k and that is the last for now.
i may take a chance buying again if the price falls down to at least 40k level? and will wait until the next halving season comes.
Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.
I hope the bitcoin price will continue to rise until the end of this year to reach $80k. I don't know what's going on right now I don't understand about the current state of the market, the bitcoin price has decreased so that the current bitcoin price is around $54,262. Bitcoin price declines started from November 26, 2021 to the present. I'm very worried about the state of the market like this, I don't think Bitcoin price will reach $80k until the end of this year.
I'm trying to understand your position and maybe your position here as a bitcoin holder, so it's only natural that you should be worried about the price drop that occurred a few days ago. but what you need to know if this condition has become a natural thing because the price of bitcoin is very volatile, but if you are a long term holder you shouldn't have to worry too much about current market conditions.
Of course everyone is going to be worried when the price drops. And we wanted to know the reason behind it. Fortunately though, when the price dips, the next best thing is to just wait for it to recover and to bounce back where it was used to be.
Right now we are trying very hard to break into the $60k barrier again. Last night we have recovered some to $58k, unfortunately, it slip back to $57k but we will have to see what will happen once we enter December.
Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.
I hope the bitcoin price will continue to rise until the end of this year to reach $80k. I don't know what's going on right now I don't understand about the current state of the market, the bitcoin price has decreased so that the current bitcoin price is around $54,262. Bitcoin price declines started from November 26, 2021 to the present. I'm very worried about the state of the market like this, I don't think Bitcoin price will reach $80k until the end of this year.
I'm trying to understand your position and maybe your position here as a bitcoin holder, so it's only natural that you should be worried about the price drop that occurred a few days ago. but what you need to know if this condition has become a natural thing because the price of bitcoin is very volatile, but if you are a long term holder you shouldn't have to worry too much about current market conditions.
Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.
I hope the bitcoin price will continue to rise until the end of this year to reach $80k. I don't know what's going on right now I don't understand about the current state of the market, the bitcoin price has decreased so that the current bitcoin price is around $54,262. Bitcoin price declines started from November 26, 2021 to the present. I'm very worried about the state of the market like this, I don't think Bitcoin price will reach $80k until the end of this year.
I think we're ok above 63k but the price does lurch worryingly downwards every time it rises for some reason. Its lost the weekly average again and now if we do make a lower low that'd would lose the recent possibility of a recovery I think. We could trade back below 60k again if these current positive trades fail to get anywhere, speculators will sell and it will show in the price. We dont have outside selling pressure yet I guess or it'd be worse.
Speculators are playing and they are waiting for a good sign before supporting the selling pressure. If this market movement failed to produce a good bounce back, $60K might be breakdown. Still unpredictable and the market is not giving any sign of pulling up or it will start to fall solidly.
Personally, I want to see $60K as a barrier and hopefully bitcoin only resting for a while and forming from this range.
We will see another set of surprises approaching to the last month of this year.
Anyhow, let's just look at the bright side, another buying opportunity for us, whales and retailers.
There were even news that some whales $12 million+ worth of bitcoin @62k. Maybe some whales again will buy at $59k to have the price steady at $60k at least this week.
https://cointelegraph.com/news/bitcoin-bargain-3rd-biggest-whale-address-adds-207-btc-at-62k
This 8% drop in Bitcoin price in 24 hours is quite deep in my opinion, but I don't panic to see Bitcoin's price drop right now. Because it is often
the price of Bitcoin will experience a correction before the price goes higher, so don't worry about the price of Bitcoin going down. As you said
we should look at the positive side, this gives us the opportunity to buy Bitcoin at a low price. And I believe whales and some small investors
will try to get in at current prices, so according to my prediction the price of Bitcoin will recover in the near future. I hope this week Bitcoin can
still be stable above the price of $ 60k, so next week the Bitcoin price can slowly start to pump again.
I think we're ok above 63k but the price does lurch worryingly downwards every time it rises for some reason. Its lost the weekly average again and now if we do make a lower low that'd would lose the recent possibility of a recovery I think. We could trade back below 60k again if these current positive trades fail to get anywhere, speculators will sell and it will show in the price. We dont have outside selling pressure yet I guess or it'd be worse.
Speculators are playing and they are waiting for a good sign before supporting the selling pressure. If this market movement failed to produce a good bounce back, $60K might be breakdown. Still unpredictable and the market is not giving any sign of pulling up or it will start to fall solidly.
Personally, I want to see $60K as a barrier and hopefully bitcoin only resting for a while and forming from this range.
We will see another set of surprises approaching to the last month of this year.
Anyhow, let's just look at the bright side, another buying opportunity for us, whales and retailers.
There were even news that some whales $12 million+ worth of bitcoin @62k. Maybe some whales again will buy at $59k to have the price steady at $60k at least this week.
https://cointelegraph.com/news/bitcoin-bargain-3rd-biggest-whale-address-adds-207-btc-at-62k
I think we're ok above 63k but the price does lurch worryingly downwards every time it rises for some reason. Its lost the weekly average again and now if we do make a lower low that'd would lose the recent possibility of a recovery I think. We could trade back below 60k again if these current positive trades fail to get anywhere, speculators will sell and it will show in the price. We dont have outside selling pressure yet I guess or it'd be worse.
Speculators are playing and they are waiting for a good sign before supporting the selling pressure. If this market movement failed to produce a good bounce back, $60K might be breakdown. Still unpredictable and the market is not giving any sign of pulling up or it will start to fall solidly.
Personally, I want to see $60K as a barrier and hopefully bitcoin only resting for a while and forming from this range.
We will see another set of surprises approaching to the last month of this year.
Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.
That's the condition of bitcoin in the market, from the past until now we see large drops and pumps almost all the time, but in contrast to the condition of bitcoin at the beginning of its emergence, nowadays bitcoin continues to increase, both small and large and transactions continue to grow to this day, many people expect Another interesting bastion season is before the end of the year, so other coins are also feeling the pumping at the same time. 
I think we're ok above 63k but the price does lurch worryingly downwards every time it rises for some reason. Its lost the weekly average again and now if we do make a lower low that'd would lose the recent possibility of a recovery I think. We could trade back below 60k again if these current positive trades fail to get anywhere, speculators will sell and it will show in the price. We dont have outside selling pressure yet I guess or it'd be worse.
Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.
That's right, the decline that occurred in bitcoin at that time slowly recovered by itself, this had an impact on bitcoin to continue to be pumped gradually, and it is likely that bitcoin will continue to attract strongholds before the end of the year, until it reaches the price expected by most large investors, if this pattern continues, it is certain that bitcoin will be at a high price at the end of this year, so that everyone will see the start of the year with joy.
Anyway, good luck to those who buy now, maybe you'll get quick profits, maybe not.
The lowest yesterday was $62,000 so if there's someone who have bought at that price but it's not that much that he has spent, it's just a little profit.The higher capital, the higher profit that shall get. While bitcoin recovered the firsts corrections, now we're about to see that it will recover to the next goal which is going back to $66k and going for the barrier.
I'm sure there are many short-term traders who makes some good profits after this bounce, the market is bringing good hype again after losing some momentum, I'm afraid that there are also many loses which most of them are in the class of newcomers, they are the victims of this volatility, make sure to understand how the market works before you engage yourself into this business, it's very dangerous especially to those who are impatient.
The market is a good venue to earn if you know what you are doing and you fully understand how to play with the situation, if
you don't have that much, better to seek for good education first before you push ahead.
It is for sure that many have made a lot during the bounce back. Those that have been losing, it's either they take that as a very big lesson of not going along with any hype made by the market.
Because the next time they see the market on the same pattern, they're the ones that will capitalize the situation of the market and won't be a loser any longer.
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