Topic: Can BTC hit 70k$ this Christmas? - page 3. (Read 1053 times)

We are already just 2+ months ahead before chirstmas day or simply with the holiday season and asking out on the price of 70k is almost been reached since 5k+ price isnt really too far off based up on real experience.

Currently the price is playing in between these levels which is on 65k which is honestly the new ATH as of this moment.We cant be sure if it would run even further or would really be having some

nasty correction afterwards after people do make out some huge sell moment but lets hope for it not to happen that early.

You make a point but what I am saying is like the tradition of the cryptocurrency market though it may not happen on Christmas day but it will surely happen a couple of days before or after and after the surge in the price of the market during the last few days of December is market correction will always lead to the blood bath.
If the tradition doesn't change the same thing will happen this year.

Yes, I've noticed it several years but in this year, Bitcoin is so powerful to grow continuously. Sometimes, Bitcoin don't follow the regulation. We are not so far from the desire prediction of $70k. I hope within this month, Bitcoin will be able to cross $70k.

In my opinion, the price of bitcoin will most likely reach $70k before Christmas. However, Bitcoin usually experiences a decline in price at Christmas because many people sell their bitcoins along with the high need for Christmas celebrations.

We're all telling and hoping that we only want to see the continuous grow on its price. But we have to remember that it's not going to be as expected and there will be slips and corrections that will come on its way.

$70k is just a few increase away and if there won't be any correction at the current price level of bitcoin then we'll be there even before the Christmas day.

For short-term predictions. I take a closer look at the PlanB analytics. His S2F schemes are so microscopic, I find him very accurate in predicting the value of bitcoin over the past 3 months which is impressive. We could have a very large historical ATH based on PlanB going to be $120k, but it looks like we have it. Bitcoin ETF is in the spotlight today. $70k will be a small niche that the market will break through. I think 70k will be very soon before Christmas. Now, ,63k

Bitcoin is much more active now and there is a vig possibility to reach $70k. If Bitcoin hit a new ATH in this market situation, it is very possible to cross the milestone of $70k also. Bitcoin is now growing continuously and I hope it will be rising rapidly in near future.

Probably there's a possibility in my personal opinion but it depends if bitcoin week percentage will always be the same until December as it showing 11.37% as of now.. If not because you know people always dump when they see bitcoin struggling to exceed more, for sure there will be a massive correction in the market if that times happen. I hope not and bitcoin keep that percentage until next month so that it will keep breaking all time high until next month..  Let's just stay positive mate.

it seems it's still not clear when there will be an increase in bitcoin, whether it will be in November or it could be in December. but i agree with you that it takes a push for bitcoin to reach the ATH it already made at $64,804 because for $60K it has already hit.

if you look at the graph from https://www.bybt.com, last september 2021 it was seen that  -7.03% almost the same as 2017 with -7.44%, but far from 2013 -1.76%.
then there will be an increase in october maybe it will be almost the same as 2017 in the range of 47.81%, currently only reached 23.22%.

If you approach the forecast with 2017 it is certain that new ATH will form in December. the price will clearly rise sharply as November is forecast to rise 53.48% and December 38.89%.
for $70K may be exceeded even there will be a surprise with the price of bitcoin.

agree, we hope that there is no bad news causing bitcoin to be disturbed to be able to increase. because it can't be underestimated because it's real though it might be different now because bitcoin is trying to hit the past ATH and will pass. so that $70K will happen this month and won't be delayed any longer.

december is the wait we will all be waiting for that bitcoin will reach its peak. it is not impossible that bitcoin will make a leap that people will not believe, because it will create a price that is renewable and can possibly be fantastic.

I agree, I would say that $70k is an easy target this month or early next month.

We are not looking like $83k this November and then that 6 digits in December. So next all time high is this month or November. Price seems to be stable on the $61k-$63k, but for sure another break out run could happen this week that will push for a new all time high. I don't think that FUD will still do damage, because we are in a super bullish phase again.

There is a good chance that we could hit it way before Christmas as well if we keep this up. The increase has stopped being volatile and that is a very important part of the situation we are in right now as well. We should realize that it is quite a difficult thing to keep increasing all the time and there is no situation where you could be going up forever and constantly super high neither, I mean even in a regular period you could reach to a level like 1-3% increase and that is fine but we had DAYS with 10% situation and that was a lot and we are not getting that type of situation anymore and that is understandable and that's fine.

We need to realize that we are not going to get anything that is super exciting anymore and that doesn't mean that we are not going to have 70k anymore, we could have that but I believe that we are not going to get it with super increase but more small and frequent increases.

The $70k target now only looks like a conservative target, if bitcoin will hit a new ATH soon, it will likely hit $70k with ease. You know how hype can easily build up once a new ATH will is achieved and that could easily make bitcoin pump even more and $70k is very possible on its next big run.

But also to remember that people who love to invest have their spare money during this season,

they can put good pressure to maintain the strong movement of Bitcoin, what see are experiencing right now is a good glimpse
in what Bitcoin is capable, the chance that we will be able to see Bitcoin from that particular range is very possible.

It can reach or exceed from that price if there are more investors who can hold compared with those sellers who creates
the market fall.

Bitcoin has a track record of staying bullish towards the end of the year. It’s possible for it hit 70k$ and above before the year runs out.

If we predict what the price of the Bitcoin market be this coming Christmas footing the current trend of the market, yes it can reach $70K but if we predict the price footing the previous trend the market always make during Christmas, it is not possible for Bitcoin to reach the $70K price range cause people always sell their holding in profit to buy some stuff for their love ones and family.
Therefore, I don't see Bitcoin reaching a $70K price or maintaining its $60K price this coming Christmas.

So, for all the remaining days of October and all the days of November, we have only sideways market? I do not think it could be that much boring. Usually in bull trend, October, November and December months are too exciting as bitcoin will surprise us and this current bull run may not be an exception to that in any means. So, I expect more than $100k by the times of Christmas.

I do not expect any big correction here after until the end of this year. Those correction and sideways trend of 2021 bullrun has already passed away and we have just entered into stronger bull run which may take bitcoin markets into 2x growth from current price levels.

In my opinion, if the price of bitcoin continues to break through the support level above $60k until early December, then the price of bitcoin has the potential to continue to rise and will reach more than $70k by Christmas.

I believe that with 61k+ price right now we are going to get a correction soon. People will assume that it is a bad thing while I will buy from that price and I would be making a good profit from that level as well. I do not get why people are worrying about corrections. Depending on the result of that correction we may see something like 70k or even more or we may end up dropping as well.

The problem with corrections is that it needs to happen so that people who want to take their profits out will have a place and time to sell and get out and if you do not really understand that and get a panic sale going from too many people after that correction (or during) then you are going to end up with something like a start of a bear run. If that happens then we are going to have a problem but if not then we are going to break 70k a lot before Christmas for sure.

There are chances it crosses $80k by end of December 2021. A new ATH of BTC will be seen this month in few days. Yes, market can not be predicted since its volatile. But seeing current growth, we can hope to see a new ATH this October. Its better to hold back the coin since it might go more over than what is now. However, we might see few corrections before it moves up to $70k.   

When has it ever been an "if" for any of us postulating in Speculation, though?

I'm still a little hesitant to put all my money on ETF news. It's expected to be good and so it was expected to have happened but if/when SEC does give the go ahead (this week?), the effect will all have already been soaked in the market. On the other hand, an unlikely overturn or rejection of the coming ones would probably knock over the other upcoming applications, and then the market flip flops back into fear.
 
Mind you, that still doesn't change the if/when proposition!