Bitcoin What is the probability of 60 K+ again?

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Quote from: kawetsriyanto on August 04, 2023, 04:18:10 PM

Quote from: Pejoh Asu on August 02, 2023, 07:12:20 AM

Exactly, the opportunity to reach $60k of course is very easy to happen, but I think $60k will happen in the next year when 1 or 2 months before the halving day, if we want to make the best thing right now is to continue to buy, especially many who want to buy when the price under $30k and today it is happening.

$60k achieved before the halving or after the halving, mate?
As far as I know, the BTC halving will be scheduled on the middle of 2024. If you think $60k is easily achieved before the halving, it probably happens in Q1 of 2024. IMO, it is not impossible but I think it is likely to be achieved after the halving. I predict it to achieve in Q3, then we may see a new ATH in Q4 of 2024. Grin

Yep, since the current price is still under $30k, it is a good time to buy. Today, BTC is decreasing again, it even drops below $29k. Some people seem to prepare buying again when it drops to $27k-$28k. How about you, dude? Do you still have an intention to collect more?

Usually these kind of pumps or reaching ATHs would most likely happen on after halving on which we know that this is the time that bull run would kick in.Just like the rest been saying that if we do able to reach out 69k on its previous ATH then its hard to believe that we wont really be able to reach out this price point on this upcoming bull run knowing that Bitcoin never fails us to surprise when it comes into its value. We know that there are people who are really that skeptical about prices and there are ones who do have that normal approach when it comes to potential price which it isnt bad because there are ones who are really that
realistic or not really that too positive when it comes to prices on which they are really that having those kind of impressions.

Without a doubt then i would say that Bitcoin could reach x2 price on where we are now on which it is really that impossible though for us not to achieve that small multiple into its price potential.
We've seen the past and we could assume on what would be the future or have the potential.

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Quote from: Pejoh Asu on August 02, 2023, 07:12:20 AM

Exactly, the opportunity to reach $60k of course is very easy to happen, but I think $60k will happen in the next year when 1 or 2 months before the halving day, if we want to make the best thing right now is to continue to buy, especially many who want to buy when the price under $30k and today it is happening.

$60k achieved before the halving or after the halving, mate?
As far as I know, the BTC halving will be scheduled on the middle of 2024. If you think $60k is easily achieved before the halving, it probably happens in Q1 of 2024. IMO, it is not impossible but I think it is likely to be achieved after the halving. I predict it to achieve in Q3, then we may see a new ATH in Q4 of 2024. Grin

Yep, since the current price is still under $30k, it is a good time to buy. Today, BTC is decreasing again, it even drops below $29k. Some people seem to prepare buying again when it drops to $27k-$28k. How about you, dude? Do you still have an intention to collect more?

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Quote from: salad daging on August 03, 2023, 02:04:26 PM

Currently it has entered a year more in a bearish condition will soon go bullish after the halving, yes I think there is no need to panic because this is not in a situation like futures trading but rather just hold on and can survive in 1 year more to the recovery of bitcoin prices, now is still the time for its accumulation until throughout 2023 if you still continue to be able to do it.

Panic people will feel anxious when there is negative news, not strong to see the market there is no significant movement in a few months and panic people more tendency is not strong to hold longer.

Anxiety will cause many problems if not handled properly. Those new traders will only waste it by cutting losses when the bearish continues. even though the opportunity to buy has been given. Should have a reserve fund for emergencies that could occur. Being able to last just 1 year is an extraordinary thing, but some new investors can only last a few months. When they see that the market is not really good, their psychology will be played and they will make decisions that tend to be wrong.

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Quote from: AakZaki on August 03, 2023, 01:39:44 PM

Quote from: Baofeng on August 02, 2023, 01:31:29 PM

$60k is possible in the next bull run, around 2024-2025, but not for this year. As technically, we are in the bear market and with that, the price tends to go down or at least we will be on the decline.

Eventually though as time goes on, when the market has stabilized or at least we inch closer to the next block halving, we might see the price slowly going up and then bull run occurs. So we must wait for the right time, and need a lot of patience if we are a bitcoin investors. We don't need to panic or sell early, on the other hand it's better to just buy the dip and HODL.

Panic will only hurt yourself. We just need to wait for Bitcoin to enter the bull market when entering the month Halving will occur. 2024-2025 reaching $60k or the last ATH is already pretty good, there are many users hoping to reach it. When a bear market occurs it will be followed by a bull market. Must stay alert and don't fall for scammers.

Currently it has entered a year more in a bearish condition will soon go bullish after the halving, yes I think there is no need to panic because this is not in a situation like futures trading but rather just hold on and can survive in 1 year more to the recovery of bitcoin prices, now is still the time for its accumulation until throughout 2023 if you still continue to be able to do it.

Panic people will feel anxious when there is negative news, not strong to see the market there is no significant movement in a few months and panic people more tendency is not strong to hold longer.

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Quote from: Baofeng on August 02, 2023, 01:31:29 PM

$60k is possible in the next bull run, around 2024-2025, but not for this year. As technically, we are in the bear market and with that, the price tends to go down or at least we will be on the decline.

Eventually though as time goes on, when the market has stabilized or at least we inch closer to the next block halving, we might see the price slowly going up and then bull run occurs. So we must wait for the right time, and need a lot of patience if we are a bitcoin investors. We don't need to panic or sell early, on the other hand it's better to just buy the dip and HODL.

Panic will only hurt yourself. We just need to wait for Bitcoin to enter the bull market when entering the month Halving will occur. 2024-2025 reaching $60k or the last ATH is already pretty good, there are many users hoping to reach it. When a bear market occurs it will be followed by a bull market. Must stay alert and don't fall for scammers.

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Quote from: Sundori-keru on January 06, 2023, 10:44:47 PM

2022 In 22 trade I have never had to accept so many losses since the advent of cryptocurrencies.Those who are mainly dependent on trade are now on the verge of destitution.Before 2022, it seems that trading has not suffered so much loss2022 is a cursed year for traders.If anyone has any idea on when bitcoin position will turn please share it will save many traders like me from losing.

We have seen that the price of Bitcoin reached its peak at one time but at the moment it has come down again. We all know that the Bitcoin market is not always in the same position, always on the ups and downs. At the moment the Bitcoin market is in such a position that we can say it has grown a lot more than before. A few months ago the price of Bitcoin was around $15k but now it has increased to $30k. But in 2022, Bitcoin was a curse for Bitcoin investors where the market hit record lows. But in 2023, since the Bitcoin market is gradually changing, we can say that Bitcoin is in a good position in the future. If Bitcoin halving in 2024, we will surely reach a good point, so we have to wait until the Bitcoin bull market.

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Quote from: Pejoh Asu on August 02, 2023, 07:12:20 AM

Quote from: Paul Pogba on July 12, 2023, 08:42:49 AM

I think $ 60k is a price that is still realistic to achieve this year, there is still more than 5 months so many things can happen, and of course the hope of rising at the end of the year can be an easy thing for us to achieve because in early 2024 there will be a halving day which would usually make a lot of users panic to buy.

Exactly, the opportunity to reach $60k of course is very easy to happen, but I think $60k will happen in the next year when 1 or 2 months before the halving day, if we want to make the best thing right now is to continue to buy, especially many who want to buy when the price under $30k and today it is happening.

$60k is possible in the next bull run, around 2024-2025, but not for this year. As technically, we are in the bear market and with that, the price tends to go down or at least we will be on the decline.

Eventually though as time goes on, when the market has stabilized or at least we inch closer to the next block halving, we might see the price slowly going up and then bull run occurs. So we must wait for the right time, and need a lot of patience if we are a bitcoin investors. We don't need to panic or sell early, on the other hand it's better to just buy the dip and HODL.

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Quote from: Paul Pogba on July 12, 2023, 08:42:49 AM

I think $ 60k is a price that is still realistic to achieve this year, there is still more than 5 months so many things can happen, and of course the hope of rising at the end of the year can be an easy thing for us to achieve because in early 2024 there will be a halving day which would usually make a lot of users panic to buy.

Exactly, the opportunity to reach $60k of course is very easy to happen, but I think $60k will happen in the next year when 1 or 2 months before the halving day, if we want to make the best thing right now is to continue to buy, especially many who want to buy when the price under $30k and today it is happening.

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Quote from: arimamib on July 16, 2023, 06:06:46 PM

Quote from: $crypto$ on July 15, 2023, 01:02:38 AM

Quote from: taufik123 on July 14, 2023, 06:38:18 PM

Believe and believe that Bitcoin will reach a new ATH in this cycle that will repeat in 2024.
In every cycle, a new ATH is always formed and this time should not miss this good opportunity.
Buying and holding now is still quite worth it, Just need to wait a few months before the 4th halving cycle is reached.

Looking forward to an all-time high break out will be quite difficult, it depends on how you work mentally.
If you panic too much, you will not reach the ATH and always sell when the price is still at the breakout point.

Holders are optimistic about the next cycle.
The opportunity must start now, never delay if you don't want to miss any trains I think this is the right time to buy and hold for more than a year to look forward to ATH in 2023/2024.

If their mentality is weak, of course there will be a lot of panic when there is negative news coming especially during the prolonged bearish period it is like their patience is being tested so in theory mentality is very important in bitcoin investment.

That is definitely a good scenario guys, which is buying at the current prices and holding it for next season because we are not in the big pumd phase yet and that is the level of confidence we have to have in us to hold btc for next season. We see a market cycle that is improving after seeing the strengthening of prices that occurred this week. However, the current price is a pretty good price to enter because we are below the 55% fall from the high.

For next year too we will see the halving come and be the right momentum to buy now to hold it for next year. Indeed in the current phase we are seeing a lot of weak hands selling btc and it will be a regret for them after seeing bigger gains in the coming years.

Confidence would really be mainly affected specially if you are going for short term trades on which it would really be just that so normal on having those kind of changes when it comes to emotion considering that making up some earlier position but the price is going to the opposite side then it would really be creating out that kind of hindrance on which it would really be causing for you to might be able to alter out such decisions on which it is really that something a very normal kind of approach. Now that the community is really that mind boggling on the current price movement on which we are really that aiming for some recovery for this year.
Although its not still ending for this year 2023 but it seems the price is really that way too stagnant.We cant really be able to break out that 30k and how much more on having that impression on breaking
that 60k? We are only a few months left for this year alone and if you do believe into those numbers which it is really that closing to the previous ATH then it would really be that hard to believe on
but its not really that bad on having that kind of optimism towards price.

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2022 was not a good year for selling but that was a better year for buying bitcoin and those who have bought bitcoin at that year will be more profitable because the recent price compared to previous one is enhanced.

Now you can buy bitcoin and those who already have bitcoin should experience halving next year as everyone is in hope that price will surely be touch the value more than 60k$ and may be it touch 70k$ in 2024 during halving. If you choose bitcoin for enhance period of time then you will have less risk and will greater profit.

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$60k+ will happen, but when this gonna take place can't be predicted. If the prediction of the bitcoin's ath is possible, then it is for sure that bitcoin will lose its importance. The success is the volatility and the unpredictability. Even during the previous ath we weren't able to predict precisely, there were more predictions that bitcoin will grow high and random predictions of $100k+ and so on. In reality very few expected the predicted growth whereas most of the people were expecting something around $50k and the growth happened good. So, we can just go with random predictions and the outcome depends upon various factors.

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Quote from: $crypto$ on July 15, 2023, 01:02:38 AM

Quote from: taufik123 on July 14, 2023, 06:38:18 PM

Believe and believe that Bitcoin will reach a new ATH in this cycle that will repeat in 2024.
In every cycle, a new ATH is always formed and this time should not miss this good opportunity.
Buying and holding now is still quite worth it, Just need to wait a few months before the 4th halving cycle is reached.

Looking forward to an all-time high break out will be quite difficult, it depends on how you work mentally.
If you panic too much, you will not reach the ATH and always sell when the price is still at the breakout point.

Holders are optimistic about the next cycle.
The opportunity must start now, never delay if you don't want to miss any trains I think this is the right time to buy and hold for more than a year to look forward to ATH in 2023/2024.

If their mentality is weak, of course there will be a lot of panic when there is negative news coming especially during the prolonged bearish period it is like their patience is being tested so in theory mentality is very important in bitcoin investment.

That is definitely a good scenario guys, which is buying at the current prices and holding it for next season because we are not in the big pumd phase yet and that is the level of confidence we have to have in us to hold btc for next season. We see a market cycle that is improving after seeing the strengthening of prices that occurred this week. However, the current price is a pretty good price to enter because we are below the 55% fall from the high.

For next year too we will see the halving come and be the right momentum to buy now to hold it for next year. Indeed in the current phase we are seeing a lot of weak hands selling btc and it will be a regret for them after seeing bigger gains in the coming years.

STT

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Not this year at this pace, we are bullish but its all platform building base formation type action rather then appearing capable of fully launching higher as 60k would require. Alot of momentum has to accumulate before such targets.
We remain 3 weekly bars now closing above the Fibonacci level that had capped our progress for much of April before we then fell lower. To hold above that level now is positive but its slow progress and with not great volume to mamke me think we can trade 60k or higher this year in any price action visible on the horizon.

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Quote from: $crypto$ on July 15, 2023, 01:02:38 AM

Holders are optimistic about the next cycle.
The opportunity must start now, never delay if you don't want to miss any trains I think this is the right time to buy and hold for more than a year to look forward to ATH in 2023/2024.

Many threads speculate about ATH price or high recovery price during this year but the important point is that we continue to increase the assets in the portfolio to buy at the current low price, many people over-analyze the market cycles but their decision is still hesitating and do not take action to add more assets bitcoins. So I agree with your opinion, don't miss the train to buy more bitcoins before you realize you are still standing at a low economic line but many of your friends have increased the economic factor of long term profits because they believe the ATH cycle will be reached in the next 2-5 years.

Quote

If their mentality is weak, of course there will be a lot of panic when there is negative news coming especially during the prolonged bearish period it is like their patience is being tested so in theory mentality is very important in bitcoin investment.

If we have committed to long-term holders so that a strong mentality is formed without being easily influenced by any news, I even prepared a reserve fund to increase bitcoin assets in case of the next bearish condition, but if the market price indicates an increase in Q4 then my decision will be to set up a new strategy to increase phased assets before the halving.

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Quote from: $crypto$ on July 15, 2023, 01:02:38 AM

Quote from: taufik123 on July 14, 2023, 06:38:18 PM

Believe and believe that Bitcoin will reach a new ATH in this cycle that will repeat in 2024.
In every cycle, a new ATH is always formed and this time should not miss this good opportunity.
Buying and holding now is still quite worth it, Just need to wait a few months before the 4th halving cycle is reached.

Looking forward to an all-time high break out will be quite difficult, it depends on how you work mentally.
If you panic too much, you will not reach the ATH and always sell when the price is still at the breakout point.

Holders are optimistic about the next cycle.
The opportunity must start now, never delay if you don't want to miss any trains I think this is the right time to buy and hold for more than a year to look forward to ATH in 2023/2024.

If their mentality is weak, of course there will be a lot of panic when there is negative news coming especially during the prolonged bearish period it is like their patience is being tested so in theory mentality is very important in bitcoin investment.

You wouldn't hold if you arent that optimistic on which it would really be that normal that they would really be having that kind of approach when it comes to things because they've seen about its potential to increase

its price on certain cycle then they would normally be that having that kind of approach.Ideally, we arent that too far off with that level of price on which it is really just that x2 on which we know that it isnt something
that hard for us to reach out those numbers but of course pushing it up with that kind of level does really involved certain amounts of positive news and events on which it would really be that catalysts for such positive movement which is something that you would really be needing on doing so. This is why if you are really that minding about the possibilities and having those kind of hopes
that price might be able to reach out then holding and accumulation would really be your target point.

Managing your investment is something that crucial and making out decisions depending on what you are currently dealing within this market. It is truly that unpredictable and random i should say.

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Quote from: Paul Pogba on July 12, 2023, 08:42:49 AM

I think $ 60k is a price that is still realistic to achieve this year, there is still more than 5 months so many things can happen, and of course the hope of rising at the end of the year can be an easy thing for us to achieve because in early 2024 there will be a halving day which would usually make a lot of users panic to buy.

Early 2024 isn't the day of the halving nor it's the month, and I don't see any reason why people would panic buy during the halving year or month but most people tend to make more purchases during these times because they think halving will increase the prizes of almost all cryptocurrencies available in the market, so whatever you've managed to buy will most probably gain value during the halving and everyone expects that to happen.

The price of Bitcoin wouldn't reach $60k this year in my opinion, because even if we have crossed the $30k mark, there is still a long way to go for it and 5 months aren't enough for that in my opinion, so the price of Bitcoin will also go across that level only during the halving event or after it.

$crypto$

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Quote from: taufik123 on July 14, 2023, 06:38:18 PM

Believe and believe that Bitcoin will reach a new ATH in this cycle that will repeat in 2024.
In every cycle, a new ATH is always formed and this time should not miss this good opportunity.
Buying and holding now is still quite worth it, Just need to wait a few months before the 4th halving cycle is reached.

Looking forward to an all-time high break out will be quite difficult, it depends on how you work mentally.
If you panic too much, you will not reach the ATH and always sell when the price is still at the breakout point.

Holders are optimistic about the next cycle.
The opportunity must start now, never delay if you don't want to miss any trains I think this is the right time to buy and hold for more than a year to look forward to ATH in 2023/2024.

If their mentality is weak, of course there will be a lot of panic when there is negative news coming especially during the prolonged bearish period it is like their patience is being tested so in theory mentality is very important in bitcoin investment.

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Quote from: Paul Pogba on July 12, 2023, 08:42:49 AM

I think $ 60k is a price that is still realistic to achieve this year, there is still more than 5 months so many things can happen, and of course the hope of rising at the end of the year can be an easy thing for us to achieve because in early 2024 there will be a halving day which would usually make a lot of users panic to buy.

$60,000 is a 100% increase from the current price of Bitcoin,. Bitcoin can do a 50% if the fomo is too high concerning the halving that'll be happenings next year but I don't see bitcoin doing a 100% increase in just 5 months. That type of gain can be earned only in bull market.

50% increase from.$30,000 range that Bitcoin has been trading for some time is $15,000 which will take Bitcoin to $45,000 by the end of the year and I feel it can be reached when the fomo starts coming. We should be expecting a pump in price but our hope shouldn't be hiigh.

The remaining 5 months might be positive or negative for the Bitcoin market but it won't affect the halving short bull run that always happens. We should've sealed our investment by then so we benefits from the fomo that comes from the halving date getting closer.

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Quote from: Quidat on July 14, 2023, 05:59:16 PM

-snip-
We might not be able to know on what the future looks like but we cant really avoid not to assume out about those probabilities about that breaking to new ATH's which its always been the case
on every market cycle here on this space not only limited on Bitcoin itself but also in other projects and altcoins as well.If you are really that longing for those all time high breakouts then its better to secure yourself here on the current price that we do have today. Dont tend nor let yourself get left behind with the train when the price starts to kick in to increase.
-snip-

Believe and believe that Bitcoin will reach a new ATH in this cycle that will repeat in 2024.
In every cycle, a new ATH is always formed and this time should not miss this good opportunity.
Buying and holding now is still quite worth it, Just need to wait a few months before the 4th halving cycle is reached.

Looking forward to an all-time high break out will be quite difficult, it depends on how you work mentally.
If you panic too much, you will not reach the ATH and always sell when the price is still at the breakout point.

If you always miss the train, then you need the patience to hold long term on the main price target to be achieved.
Don't panic too much and be affected by the FUD that is circulating.

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Quote from: bestcoins1 on July 14, 2023, 04:34:28 PM

Quote from: Paul Pogba on July 12, 2023, 08:42:49 AM

I think $ 60k is a price that is still realistic to achieve this year, there is still more than 5 months so many things can happen, and of course the hope of rising at the end of the year can be an easy thing for us to achieve because in early 2024 there will be a halving day which would usually make a lot of users panic to buy.

If you think about the large number of users who are panic buying at the beginning of next year, that means that a more significant increase will probably occur at the beginning of next year as well. Because the price of Bitcoin will not be able to increase by itself if there is no demand and supply in the market, and for the price predictions you say it might happen at the end of this year. But it's not just about words, it's also about time for Bitcoin to make its mark on the market by continuing to hope for more impulse buying in Bitcoin every month.

People should get in while the price is still cheap and low unlike when they do start on trying out to buy when there's already a rally which it is really that a common behavior on most people.
We might not be able to know on what the future looks like but we cant really avoid not to assume out about those probabilities about that breaking to new ATH's which its always been the case
on every market cycle here on this space not only limited on Bitcoin itself but also in other projects and altcoins as well.If you are really that longing for those all time high breakouts then its better to secure yourself here on the current price that we do have today. Dont tend nor let yourself get left behind with the train when the price starts to kick in to increase. If you've been able to miss out that
previous train then better not to miss the next one because if you do then you would be waiting for another cycle for you to place yourself on the bottom.
Its not still late and does still have time since we are still approaching on next bitcoin halving which this would really be kicking out that bull run.

Topic: Bitcoin What is the probability of 60 K+ again? (Read 1387 times)