Bitcoin Heading to $70,000 - page 3.

lixer

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Quote from: Tessnik on September 07, 2021, 04:13:44 AM

the way bitcoin have retained it stand around 50k is a momentum signal to the next price target and with this September being a viable month for cryptocurrency as bitcoin become a legal tender of a country El Salvador which is the first in history since bitcoin creation over a decade ago.

I predict a $70,000 bitcoin price before the end of this month of September.

We are still heading to that direction. Believe me just because we had a flat tire along the way doesn't mean that the road is over. We are just going to stop, pull over, go get the new tire out the back, switch the flat one with the new one, put the old flat one back, and then keep on driving. That's how you do, just roll over your sleeves and work hard and eventually you will get to your goal. Nothing in life that is worth doing, is easy, if it is worth doing then it is going to be hard.

There will always be obstacles in your life that will try to set you back from your goal, it will never be easy unless you come from some super wealthy family, and that means we are going to live through some horrible periods and maybe sometimes not even reach our goal, but at least we would know that we gave it our best. Bitcoin may look like dropping, but I can guarantee you, one day it will be 70k, or even 700k, it is just matter of time, we just don't know when.

StreakW

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I think the end of September Bitcoin is difficult to be in the $70,000 area. I predict the Bitcoin correction trend is not over yet. In the short term, the price of bitcoin still has the potential to fall around 10-20 percent from its current position before it will reverse higher.

Wawa2013

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Quote from: Hippocrypto on September 10, 2021, 06:55:17 PM

Quote from: Tessnik on September 07, 2021, 04:13:44 AM

the way bitcoin have retained it stand around 50k is a momentum signal to the next price target and with this September being a viable month for cryptocurrency as bitcoin become a legal tender of a country El Salvador which is the first in history since bitcoin creation over a decade ago.

I predict a $70,000 bitcoin price before the end of this month of September.

Hopefully that predictions won't fail, because as of the moment the downfall caused a lot of fears particular with new comers. Most of these people are not traders, some of them just join crypto by influence with the trend not really on how they learn about it. It's beneficial for a certain person that they should study first before they venture into something they don't have proper awareness.

Although the prediction of Bitcoin reaching a price of $70k failed to happen, it didn't make me panic and consider Bitcoin a failure. I will keep holding
my Bitcoins until I reach my desired target no matter what. Sometimes we forget that the price of Bitcoin is very volatile, which makes Bitcoin quite
difficult to predict. Especially with so many newbies joining without learning Bitcoin first, the current situation will make them panic. Because as you
said it is very important to learn Bitcoin first, before deciding to invest in Bitcoin that they do not understand.

Hippocrypto

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Quote from: Tessnik on September 07, 2021, 04:13:44 AM

the way bitcoin have retained it stand around 50k is a momentum signal to the next price target and with this September being a viable month for cryptocurrency as bitcoin become a legal tender of a country El Salvador which is the first in history since bitcoin creation over a decade ago.

I predict a $70,000 bitcoin price before the end of this month of September.

Hopefully that predictions won't fail, because as of the moment the downfall caused a lot of fears particular with new comers. Most of these people are not traders, some of them just join crypto by influence with the trend not really on how they learn about it. It's beneficial for a certain person that they should study first before they venture into something they don't have proper awareness.

Tessnik

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Quote from: ?? on ??

Quote from: Tessnik on September 07, 2021, 04:13:44 AM

the way bitcoin have retained it stand around 50k is a momentum signal to the next price target and with this September being a viable month for cryptocurrency as bitcoin become a legal tender of a country El Salvador which is the first in history since bitcoin creation over a decade ago.

I predict a $70,000 bitcoin price before the end of September.

A huge drop of 7.29 % on the last 7 days I don't think it's on target for $70k, why hurry there are no signals that say Bitcoin could land $70k this month, El Salvador is not contributing to the hype or pump the market, the most that the price could get is $60k and we should be happy at that because another all-time by then is within reach.

I will not want to undermine bitcoin capabilities to reach that 70k because just as the market drops within a second so it can get pumped too, but a little resistance at some level just hoping the market recovers back to 50k by the weekend.

ultrloa

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Quote from: Tessnik on September 07, 2021, 04:13:44 AM

the way bitcoin have retained it stand around 50k is a momentum signal to the next price target and with this September being a viable month for cryptocurrency as bitcoin become a legal tender of a country El Salvador which is the first in history since bitcoin creation over a decade ago.

I predict a $70,000 bitcoin price before the end of this month of September.

A huge drop of 7.29 % on the last 7 days I don't think it's on target for $70k, why hurry there are no signals that say Bitcoin could land $70k this month, El Salvador is not contributing to the hype or pump the market, the most that the price could get is $60k and we should be happy at that because another all-time by then is within reach.

Well maybe the news about El Salvador didn't affect to create hype but what good thing happened there is bitcoin already got strong foundation as it was already supported by government on one part of the world, for now we can't see any movement but for sure this will add the fuel of adoption in future so for sure we can see a bigger effect on it once other country will also adopt bitcoin to.

Oasisman

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Quote from: Tessnik on September 07, 2021, 04:13:44 AM

the way bitcoin have retained it stand around 50k is a momentum signal to the next price target and with this September being a viable month for cryptocurrency as bitcoin become a legal tender of a country El Salvador which is the first in history since bitcoin creation over a decade ago.

I predict a $70,000 bitcoin price before the end of this month of September.

Might be too early for that bullishness.
If you base your bullish prediction with the El Salvador news, I'm afraid it doesn't make any significant impact to the Bitcoin's price. We have all have witnessed a few months ago when the El Salvador first announces that they are accepting Bitcoin as a legal tender and it was all over the news in the internet and even the television, and everyone is expecting another bullrun, but it didn't happen.

As usual, Bitcoin currently pulled back down to $46,000, which kinda normal market movement. So, I guess $70,000 target might not be broken in the coming months.

OrangeII

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Quote from: Tessnik on September 07, 2021, 04:13:44 AM

the way bitcoin have retained it stand around 50k is a momentum signal to the next price target and with this September being a viable month for cryptocurrency as bitcoin become a legal tender of a country El Salvador which is the first in history since bitcoin creation over a decade ago.

I predict a $70,000 bitcoin price before the end of this month of September.

let's hope that before the end of this month, the bitcoin price can rise to close to $70k. So far, and earlier this month too, I was thinking the same thing, that bitcoin price could hit $60k or more by the end of September. unfortunately, the price dropped, and it even touched $43k before finally rising back up to the $45k price. some price analysts say that if conditions improve, the bitcoin price could return to $50k, and shoot up to $60k. however, if the dump continues, we will most likely approach the price below $40k. let's hope there's something good at the end of this month

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Quote from: ?? on ??

It's likely to happen, I mean there's lots of stuff that can go on in the market and we're nearing December this year and we all know that the prices starts pumping during this months and it's the last quarter of the month and we could see good times in this last quarter, hopefully.

Hopefully we don't see anything change in December because as you've said, December is a really good month for crypto ever since but I wouldn't hold on too much on that part.

Yaunfitda

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Quote from: poldanmig on September 10, 2021, 05:07:28 AM

Quote from: Tessnik on September 07, 2021, 04:13:44 AM

the way bitcoin have retained it stand around 50k is a momentum signal to the next price target and with this September being a viable month for cryptocurrency as bitcoin become a legal tender of a country El Salvador which is the first in history since bitcoin creation over a decade ago.

I predict a $70,000 bitcoin price before the end of this month of September.

The price of bitcoin bitcoin in recent days has experienced a significant decline, whereas previously the bitcoin price had managed to break through the $52K price resistance and I also believe t the end of september the price could reach $70K, but unfortunately the sentiment was good when El Salvador who started adopting bitcoin was unable to made the price go up and even now the bitcoin price has dropped back to the price of $ 46K and I don't understand what caused the decline to occur, even though el salvador is a country in central America that became the first country to adoption bitcoin as a legal tender, what is it? no impact on bitcoin at all?

It's because the El Salvadorian government give their people worth $30 of bitcoin it's not that this people are going to invest. So forget about El Salvador for now, I highly doubt that they are the reason for the flash crash. And with the price sitting at $46k, good indication that it has settled down at this price. But it's weekend so expect little trading volume. And let the market trade sideways for the meantime so that we can see more investors entering at this good price.

poldanmig

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Quote from: Tessnik on September 07, 2021, 04:13:44 AM

the way bitcoin have retained it stand around 50k is a momentum signal to the next price target and with this September being a viable month for cryptocurrency as bitcoin become a legal tender of a country El Salvador which is the first in history since bitcoin creation over a decade ago.

I predict a $70,000 bitcoin price before the end of this month of September.

The price of bitcoin bitcoin in recent days has experienced a significant decline, whereas previously the bitcoin price had managed to break through the $52K price resistance and I also believe t the end of september the price could reach $70K, but unfortunately the sentiment was good when El Salvador who started adopting bitcoin was unable to made the price go up and even now the bitcoin price has dropped back to the price of $ 46K and I don't understand what caused the decline to occur, even though el salvador is a country in central America that became the first country to adoption bitcoin as a legal tender, what is it? no impact on bitcoin at all?

MiF

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Quote from: Tessnik on September 07, 2021, 04:13:44 AM

the way bitcoin have retained it stand around 50k is a momentum signal to the next price target and with this September being a viable month for cryptocurrency as bitcoin become a legal tender of a country El Salvador which is the first in history since bitcoin creation over a decade ago.

I predict a $70,000 bitcoin price before the end of this month of September.

I also expect Bitcoin to reach up to 70k$ but if we put basis on the current market situation, i think it will not reach 70k$ at the end of this month, maybe end of October or first week of november is the best prediction. But we still need to listen to the upcoming news sometimes good news or bad news can have a direct effect on the current market situation.

Dave1

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Quote from: Tessnik on September 09, 2021, 02:09:54 AM

Quote from: traderethereum on September 09, 2021, 01:59:00 AM

With what happens to bitcoin now, it seems to reach $70,000 need more time unless big pumps are coming to the market before 20th September so the price can still increase and hit $70,000.
Hopefully, the price will be back to up to $50,000 in the middle of this month so the price will have a chance to reach $70,000.
But if that is about in the future, bitcoin price can increase to more than $70,000, no matter if that will happen before the end of the month.
You do not have to worry about the price. Just enjoy the ride while you have a chance to buy bitcoin at the current price.

The Tuesday dump happened not only to the bitcoin market alone, in fact, but almost all the cryptocurrencies market were also affected by it.

It's obvious that when bitcoin dumps, the rest of the altcoin market follow suit, so it is more evident on the recent flash crash we have last Tuesday.

Quote from: Tessnik on September 09, 2021, 02:09:54 AM

Am not worried about the price at all since am knowledgeable in crypto market volatility but what about those from El Salvador who just bought some Bitcoin on Monday and the price went down up to 10% what consolation advice can we offer them at this member as they newbies and have no knowledge and experience at the moment?

Simple, HODL and don't sell your bitcoin right away, yes it went down, but if you have patience, it can go back to $50k again and even higher before the end of 2021. So it's not consolidation advice, its the best advice. Maybe they want to experience bitcoin, but for those El Salvadorian who have been in crypto sphere, I doubt that they sell it right away when the price is going down.

traderethereum

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Quote from: Tessnik on September 09, 2021, 02:09:54 AM

Quote from: traderethereum on September 09, 2021, 01:59:00 AM

With what happens to bitcoin now, it seems to reach $70,000 need more time unless big pumps are coming to the market before 20th September so the price can still increase and hit $70,000.
Hopefully, the price will be back to up to $50,000 in the middle of this month so the price will have a chance to reach $70,000.
But if that is about in the future, bitcoin price can increase to more than $70,000, no matter if that will happen before the end of the month.
You do not have to worry about the price. Just enjoy the ride while you have a chance to buy bitcoin at the current price.

The Tuesday dump happened not only to the bitcoin market alone, in fact, but almost all the cryptocurrencies market were also affected by it.

Am not worried about the price at all since am knowledgeable in crypto market volatility but what about those from El Salvador who just bought some Bitcoin on Monday and the price went down up to 10% what consolation advice can we offer them at this member as they newbies and have no knowledge and experience at the moment?

Hopefully, people from El Salvador are not afraid or worry about the dump and will buy more at a low price.
Yes, it is about how they can stay calm with the dump moment that happens in crypto and not panics but using that moment to accumulating more amount.
The crypto market can be like this until the middle of this month as the market seems to be not moving higher or lower and only sustain on that level price.
But I am sure the situation will change as soon as possible so we only need to wait for a while.

Reatim

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Quote from: Tessnik on September 07, 2021, 04:13:44 AM

the way bitcoin have retained it stand around 50k is a momentum signal to the next price target and with this September being a viable month for cryptocurrency as bitcoin become a legal tender of a country El Salvador which is the first in history since bitcoin creation over a decade ago.

I predict a $70,000 bitcoin price before the end of this month of September.

Sorry to disappoint you mate but this is what stands bitcoin now https://coinmarketcap.com/currencies/bitcoin/

badly staying struggling to stay in 50k longer than 2 days so your expectation wasn't that good to expect.

Quote from: ?? on ??

It's likely to happen, I mean there's lots of stuff that can go on in the market and we're nearing December this year and we all know that the prices starts pumping during this months and it's the last quarter of the month and we could see good times in this last quarter, hopefully.

yeah this may happen in the following time but not as close like what OP is seeking .

there are so many chance to climb high but it does not going to 70k this soon.

Tessnik

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Quote from: traderethereum on September 09, 2021, 01:59:00 AM

With what happens to bitcoin now, it seems to reach $70,000 need more time unless big pumps are coming to the market before 20th September so the price can still increase and hit $70,000.
Hopefully, the price will be back to up to $50,000 in the middle of this month so the price will have a chance to reach $70,000.
But if that is about in the future, bitcoin price can increase to more than $70,000, no matter if that will happen before the end of the month.
You do not have to worry about the price. Just enjoy the ride while you have a chance to buy bitcoin at the current price.

The Tuesday dump happened not only to the bitcoin market alone, in fact, but almost all the cryptocurrencies market were also affected by it.

Am not worried about the price at all since am knowledgeable in crypto market volatility but what about those from El Salvador who just bought some Bitcoin on Monday and the price went down up to 10% what consolation advice can we offer them at this member as they newbies and have no knowledge and experience at the moment?

mamesso

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Quote from: jossiel on September 07, 2021, 12:18:45 PM

Will it be?

After sitting for a couple of days above $50k then it surprisingly dropped to $46k. That's a lot of discount for those who are waiting for it to drop somehow.

But with the possibility of heading to $70k, it's huge with this correction, recovery has to happen and it might go back with a higher price.

The correction that occurred due to the skewed issue that occurred in the bitcoin market, the issue was deliberately created because they did not like the attitude of the state of el salvador which made bitcoin a legal tender. Having managed to reach the price of $50k few days ago, now bitcoin is back down at $46k, the decline that occurs gives a little variety for investor to get bitcoin at a slightly cheaper price, and of course they hope bitcoin will reach its highest level before the turn of the year.

traderethereum

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With what happens to bitcoin now, it seems to reach $70,000 need more time unless big pumps are coming to the market before 20th September so the price can still increase and hit $70,000.
Hopefully, the price will be back to up to $50,000 in the middle of this month so the price will have a chance to reach $70,000.
But if that is about in the future, bitcoin price can increase to more than $70,000, no matter if that will happen before the end of the month.
You do not have to worry about the price. Just enjoy the ride while you have a chance to buy bitcoin at the current price.

BITCOIN4X

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Quote from: el kaka22 on September 08, 2021, 01:49:49 PM

It was all whales that ended up selling together in worths of billions of dollars and now they are panicking because people are not selling like they imagined we would. Now they will have to buy from us and we are not selling which means that they would have to buy it more expensive than they sold which would make it go up a lot higher, so 70k is definitely possible.

But it will be difficult to achieve this in September, right?

Quote from: Tessnik on September 07, 2021, 04:13:44 AM

I predict a $70,000 bitcoin price before the end of this month of September.

The OP predicts that $70K will be hit before september ends, I don't think it would be very real if bitcoin wasn't affected by a lot of demand. Fundamentals may continue to strengthen given increasing adoption in some countries, but without strong demand from traders and institutional investors, it will be difficult to hit this $70K before the end of September. In the future it can still be done, but less than 1 month it will be difficult in my opinion.

timerland

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Quote from: Tessnik on September 07, 2021, 04:13:44 AM

the way bitcoin have retained it stand around 50k is a momentum signal to the next price target and with this September being a viable month for cryptocurrency as bitcoin become a legal tender of a country El Salvador which is the first in history since bitcoin creation over a decade ago.

I predict a $70,000 bitcoin price before the end of this month of September.

Highly doubtful.

I think that we're probably going to hang around the $40k-50k corridor for a while until we finally get some upward momentum going with something other than El Salvador. El Salvador's adoption of BTC has long been priced into the markets.

Don't overleverage yourself thinking that you can time the market - we just saw what happens when people get overconfident like that.

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