Bitcoin reaches maximum, target $80K BTC - page 4.

sana54210

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Quote from: Kemarit on April 15, 2022, 05:04:02 AM

It's easier said than done though, many could be in panic if they see that they portfolio might be going down hard so instead of buying in the dip, they sold and take a lose at one point in time.

And I think this part of being in this industry wherein emotions play a big part.

Now the price is somewhat in the $40,000 region, which is still a good indication that we are not going to fall further or even reaching the lowest low. We still have a good chance to even go as high as $45,000 again.

If you can't handle your emotions and end up selling when the price goes up, the mistake is very obvious and you should be aware of it. If you are aware of your mistake and you realize that you shouldn't have sold when it is going down then you could recover that and learn from that mistake and be a better trader in the future. However, if you can't see the mistake and you keep on doing that maybe you should stop trading.

I mean trading requires iron clad will and you should be able to do a lot better. I get that you may not be able to do it, it's ok, you do not have to be a trader. Just be a long term holder and stop trading and just buy and hold and do nothing else for a decade.

savetheFORUM

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Quote from: btc78 on April 15, 2022, 10:40:08 AM

There is no wrong to expect the price to reach that high because obviously 80 is attainable , but like every question is? how long this will take? and how much we can go high?

when Bitcoin reached 20k in 2017 i thought this will take long before breaking again but see what happens? in 2021 bitcoin tripled that price more than enough.

so instead of looking for this ASAP maybe lets Bitcoin reach its goal in proper time.

It's not wrong but it's right because it gives us motivation. When people are motivated, they might bag more coins and this act can help the lift the price, making that 80k target more easier to achieve. For the question if how long will it take? I think it can take two to three months within this year.

We have saw that btc price are recovering last time and once it goes back again, we can be sure that the increase will now continue and there will be no falls that will happen for a while until we reach new highs. How high can go? well they say btc can reached 100k while some says btc will be at 1 million dollars in the future. Sounds crazy but it can be possible.

btc78

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Quote from: Wimex on March 29, 2022, 12:14:41 PM

In my personal opinion I see it as a good time to invest a good amount in BTC and leave them a few months to mature, what do you think? Will they do the same as me?

Source: https://cointelegraph.com/news/bitcoin-hits-2022-high-as-analyst-gives-new-80k-btc-price-target

There is no wrong to expect the price to reach that high because obviously 80 is attainable , but like every question is? how long this will take? and how much we can go high?

when Bitcoin reached 20k in 2017 i thought this will take long before breaking again but see what happens? in 2021 bitcoin tripled that price more than enough.

so instead of looking for this ASAP maybe lets Bitcoin reach its goal in proper time.

Kemarit

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Quote from: traderethereum on April 15, 2022, 01:00:13 AM

Quote from: Questat on April 14, 2022, 11:36:55 PM

Quote from: Wimex on March 29, 2022, 12:14:41 PM

In my personal opinion I see it as a good time to invest a good amount in BTC and leave them a few months to mature, what do you think? Will they do the same as me?

BUY, HOLD, and SELL.

That is what people who want to have investments should do because buying, holding, and selling will give them the opportunity to make a profit.
Try to be a holder and don't be a weak hand because that will do you nothing but losses.
The current price range is still good enough to buy and hold for a while as the bitcoin price will surely return to a higher price.
The next bitcoin price forecast could be in the price range above yesterday's ATH so it's not too late to buy bitcoin and hold it.

It's easier said than done though, many could be in panic if they see that they portfolio might be going down hard so instead of buying in the dip, they sold and take a lose at one point in time.

And I think this part of being in this industry wherein emotions play a big part.

Now the price is somewhat in the $40,000 region, which is still a good indication that we are not going to fall further or even reaching the lowest low. We still have a good chance to even go as high as $45,000 again.

traderethereum

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Quote from: Questat on April 14, 2022, 11:36:55 PM

Quote from: Wimex on March 29, 2022, 12:14:41 PM

In my personal opinion I see it as a good time to invest a good amount in BTC and leave them a few months to mature, what do you think? Will they do the same as me?

BUY, HOLD, and SELL.

That is what people who want to have investments should do because buying, holding, and selling will give them the opportunity to make a profit.
Try to be a holder and don't be a weak hand because that will do you nothing but losses.
The current price range is still good enough to buy and hold for a while as the bitcoin price will surely return to a higher price.
The next bitcoin price forecast could be in the price range above yesterday's ATH so it's not too late to buy bitcoin and hold it.

ivankoh

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Quote from: Wimex on March 29, 2022, 12:14:41 PM

That gives me a goal of around $80,000," he concluded.

Those are interesting analyses, the fact that bitcoin could absolutely peak at $80k as the psychological impact is better allotted, liquidity and scarce supply prove that the cumulative institutional investment trend still maintains momentum favorable growth. For now, perhaps bitcoin is looking for momentum to consolidate and until the honeymoon, the market needs time to release the pressure from volatility from holding back regulations. Optimistic with ED, Lol

Questat

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Quote from: Wimex on March 29, 2022, 12:14:41 PM

In my personal opinion I see it as a good time to invest a good amount in BTC and leave them a few months to mature, what do you think? Will they do the same as me?

BUY, HOLD, and SELL.
Holders will decide when to buy and when to sell. They put into consideration buying coins during the bear season or price correction, eventually, we are currently in correction status now. I simply say, "Just do what is in your mind", and you will never regret it.

The market isn't yet making an uptrend momentum, the market is still weak. This is an opportunity for us in preparation for the upcoming Bullrun which we probably expected to come next year.

el kaka22

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This is the trouble with bitcoin, whenever you expect it to go up, it goes down and whenever you expect it to go down, it goes up. For the past few weeks it was going from 40k to 48k and everyone expected it to go up even more, then it crashed to under 40k, now that everyone expected it to go down more, it started to go up all over again.

It is a proof that bitcoin never really "targets" anything, it just does whatever it wants and whenever it wants to and nothing else. You could consider crypto like a puppy, it doesn't really think, it just does whatever it wants at that time and even could change ideas mid action as well and start doing something else.

ultrloa

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Quote from: Chato1977 on April 13, 2022, 06:15:00 AM

Quote from: Mamun74 on April 03, 2022, 05:17:44 AM

Quote from: Semar Mesem on March 31, 2022, 01:48:48 AM

I think bitcoin still has great potential and opportunity to continue to skyrocket, the increasing number of users and the latest data findings are that users in African countries are increasing significantly, making us optimistic that this year the bitcoin price can pass the ATH that occurred in November 2021, and I think 2022 could pass $80k

Hope and Reality both are different thins.Look at bitcoin price chart,last 2-3 month bitcoin movement around under $40k or avobe $40k+. I think bitcoin price will increase in This year but i Don't think it will be $80k+ because huge difference but it will possible.

let people think of impossible because it is their will and their risk .but on your part? do and think what you believe in, if you have some funds to spare for bitcoin then invest but make sure that you are ready for long term holding because that is when the market going now and not those kinda profiting in shortwhile .
though at any chances we can make other option in those are altcoin but also make sure you know where to invest.

For people who doesn't know about what they are saying provably they would say that thing because they doesn't have confidence on things they didn't understand, but since many people who's old enough and know how to diversify their investment for sure they are into longterm especially those whales we can see on the market buying a large sum of bitcoins.

Chato1977

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Quote from: Mamun74 on April 03, 2022, 05:17:44 AM

Quote from: Semar Mesem on March 31, 2022, 01:48:48 AM

I think bitcoin still has great potential and opportunity to continue to skyrocket, the increasing number of users and the latest data findings are that users in African countries are increasing significantly, making us optimistic that this year the bitcoin price can pass the ATH that occurred in November 2021, and I think 2022 could pass $80k

Hope and Reality both are different thins.Look at bitcoin price chart,last 2-3 month bitcoin movement around under $40k or avobe $40k+. I think bitcoin price will increase in This year but i Don't think it will be $80k+ because huge difference but it will possible.

let people think of impossible because it is their will and their risk .but on your part? do and think what you believe in, if you have some funds to spare for bitcoin then invest but make sure that you are ready for long term holding because that is when the market going now and not those kinda profiting in shortwhile .
though at any chances we can make other option in those are altcoin but also make sure you know where to invest.

kotajikikox

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Quote from: Slow death on April 10, 2022, 06:31:35 PM

Quote from: Wimex on March 29, 2022, 12:14:41 PM

[...]

funny that if people believed this article and corrected them to buy bitcoin then they must have had a lot of reasons to be sleepless for weeks, because after this article the price of bitcoin dropped to 42000$ and see that there were people who defended that the price of bitcoin wasn't going to go down, it was just heading towards $50,000. Seriously? every time these experts show up and make price predictions the price goes down, when they make price predictions where the price will go down a lot then the price goes up a lot, I don't believe these guys' price predictions because they are always wrong

but what is more funny ? is that there are many posts here that believes this can happen when it simply shows earlier that the mean is wrong and 80 isn't a way to look this soon.
Of course we all believe that 80k can be reach as we have already saw that 68k ATH bot this soon? I'm afraid that people are too possessive believing that this high can be achieve now.
Maybe in a couple of months or at least next 2 years? why not but not this very time a I am also not taking that far.

Mamun74

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Quote from: cryptomaniac_xxx on April 10, 2022, 07:43:11 AM

Quote from: Mamun74 on April 03, 2022, 05:17:44 AM

Quote from: Semar Mesem on March 31, 2022, 01:48:48 AM

I think bitcoin still has great potential and opportunity to continue to skyrocket, the increasing number of users and the latest data findings are that users in African countries are increasing significantly, making us optimistic that this year the bitcoin price can pass the ATH that occurred in November 2021, and I think 2022 could pass $80k

Hope and Reality both are different thins.Look at bitcoin price chart,last 2-3 month bitcoin movement around under $40k or avobe $40k+. I think bitcoin price will increase in This year but i Don't think it will be $80k+ because huge difference but it will possible.

$80k is doable, I think any number is, but we don't know that exact time though, and that is the problem with the market as volatile as bitcoin. One moment we are in a bull run and everything is gearing up for $100k in December. The next thing we know, we hit $33k-$35k as the lowest price point early this year.

So we will have to see what is going to happen next, currently at $42k, so that's half of what is according to the OP, the max price that we are going to get this year which is $80k.

If bitcoin price will be surprised us, Then i Thik it will be possible to reach $80k+ in this year.Because bitcoin earlier dropped This year and reached under $33k this year and now bitcoin price around $42k+.Last 2-3 month bitcoin up and down and its around $40k+ or under.But when bitcoin price will rise again? i think bitcoin price will be more increase in November this year.

adaseb

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This is how it is with most financial articles. When something goes up a little there are tons of articles saying it will keep going up. While something that goes down a little there are tons of articles that say it will keep dropping a lot.

However these are all guesses and sometimes they are right and sometimes not. There is always some disclaimer saying it’s for entertainment purposes only and not investment advice. Only reason they make these articles is mostly click bait because that’s how they made their money with advertisements.

Slow death

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Quote from: Wimex on March 29, 2022, 12:14:41 PM

[...]

funny that if people believed this article and corrected them to buy bitcoin then they must have had a lot of reasons to be sleepless for weeks, because after this article the price of bitcoin dropped to 42000$ and see that there were people who defended that the price of bitcoin wasn't going to go down, it was just heading towards $50,000. Seriously? every time these experts show up and make price predictions the price goes down, when they make price predictions where the price will go down a lot then the price goes up a lot, I don't believe these guys' price predictions because they are always wrong

cryptomaniac_xxx

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Quote from: Mamun74 on April 03, 2022, 05:17:44 AM

Quote from: Semar Mesem on March 31, 2022, 01:48:48 AM

I think bitcoin still has great potential and opportunity to continue to skyrocket, the increasing number of users and the latest data findings are that users in African countries are increasing significantly, making us optimistic that this year the bitcoin price can pass the ATH that occurred in November 2021, and I think 2022 could pass $80k

Hope and Reality both are different thins.Look at bitcoin price chart,last 2-3 month bitcoin movement around under $40k or avobe $40k+. I think bitcoin price will increase in This year but i Don't think it will be $80k+ because huge difference but it will possible.

$80k is doable, I think any number is, but we don't know that exact time though, and that is the problem with the market as volatile as bitcoin. One moment we are in a bull run and everything is gearing up for $100k in December. The next thing we know, we hit $33k-$35k as the lowest price point early this year.

So we will have to see what is going to happen next, currently at $42k, so that's half of what is according to the OP, the max price that we are going to get this year which is $80k.

Mamun74

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Quote from: Semar Mesem on March 31, 2022, 01:48:48 AM

I think bitcoin still has great potential and opportunity to continue to skyrocket, the increasing number of users and the latest data findings are that users in African countries are increasing significantly, making us optimistic that this year the bitcoin price can pass the ATH that occurred in November 2021, and I think 2022 could pass $80k

Hope and Reality both are different thins.Look at bitcoin price chart,last 2-3 month bitcoin movement around under $40k or avobe $40k+. I think bitcoin price will increase in This year but i Don't think it will be $80k+ because huge difference but it will possible.

Silberman

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Quote from: Semar Mesem on April 01, 2022, 02:52:32 AM

A few hours ago i was optimistic that bitcoin price would soon enter $50k, unfortunately almost 5% correction happened again and made a drop below $45k, but we still have a lot of time to be able to reach $80k and even more, see developments and issues regarding bitcoin I have no doubt that 2022 will skyrocket at least 3x from today's prices or pass $100k soon.

The market currently does not have the strength for such movement, so anytime the price gets closer to 50k it immediately falls to the pressure of the bears which begin to sell their coins, also there could be some people that bought bitcoin at the top of the ATH and they are looking for an exit and as such they are selling their coins when bitcoin gets close to the 50k level, so until those people finally get rid of their coins then we will keep seeing bitcoin getting close to the 50k level only to suffer a retracement at the last minute.

adaseb

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Some where in the $70-80K was where I was going to take some profits a few months back and back last May before the drop.

I think BTC had a good chance of topping up there because it’s near some fib extension areas and in those areas it’s where CAD and AUD currencies will be $100,000 so it’s going to hit a big wall like the 50K EUR wall which was a top last time.

However there are way too many reasons why it can easily go down to $30K with what is going on with the world right now with inflation. So who knows?

btc_angela

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Quote from: fullhdpixel on April 01, 2022, 02:49:07 PM

Quote from: Semar Mesem on April 01, 2022, 02:52:32 AM

A few hours ago i was optimistic that bitcoin price would soon enter $50k, unfortunately almost 5% correction happened again and made a drop below $45k, but we still have a lot of time to be able to reach $80k and even more, see developments and issues regarding bitcoin I have no doubt that 2022 will skyrocket at least 3x from today's prices or pass $100k soon.

I do not think that it should matter as much as you think. The price hit under 45k, reached 44.4k as the lowest point and it is already above 46k+ right now. Which proves my point that bitcoin having very short term falls doesn't mean anything on the route to being higher.

I personally believe that the best way to approach crypto is to realize that you could see it go to 44k today, and 48k tomorrow and 40k next day. The volatile is not bounded by anything and it could do anything. If you are unsure about the situation we are in right now, then you need to look at the situation all over again. we were under 38k just a month ago, under 33k like a couple months ago, now we are talking about 48k, that is insane volatility.

It's already a given fact though, bitcoin is volatile but there should be factors on why the price is behaving like that.

It could be that after reaching all time high, people sold that's why the price goes down hard to $33k. And then there is the looming war that eventually happen, but on the flip side, it went as high as $48k. So really hard to see where the price is going because of what is going on around us. It could have an negative effect or positive on the market price.

fullhdpixel

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Quote from: Semar Mesem on April 01, 2022, 02:52:32 AM

A few hours ago i was optimistic that bitcoin price would soon enter $50k, unfortunately almost 5% correction happened again and made a drop below $45k, but we still have a lot of time to be able to reach $80k and even more, see developments and issues regarding bitcoin I have no doubt that 2022 will skyrocket at least 3x from today's prices or pass $100k soon.

I do not think that it should matter as much as you think. The price hit under 45k, reached 44.4k as the lowest point and it is already above 46k+ right now. Which proves my point that bitcoin having very short term falls doesn't mean anything on the route to being higher.

I personally believe that the best way to approach crypto is to realize that you could see it go to 44k today, and 48k tomorrow and 40k next day. The volatile is not bounded by anything and it could do anything. If you are unsure about the situation we are in right now, then you need to look at the situation all over again. we were under 38k just a month ago, under 33k like a couple months ago, now we are talking about 48k, that is insane volatility.

Topic: Bitcoin reaches maximum, target $80K BTC - page 4. (Read 959 times)