Can BTC hit 70k$ this Christmas? - page 8.

Fredomago

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Quote from: bitzizzix on October 07, 2021, 11:45:21 AM

Quote from: ethereumhunter on October 07, 2021, 11:32:29 AM

I hope bitcoin will not just hit $70 this Christmas but more than $70k Grin

But I think that could happen as we see bitcoin price can now increase to $53k although the price is down for a little. But I am sure that the bitcoin price will increase more and hopefully, the price can reach $60k soon. It is good to see bitcoin become strong after what happened to bitcoin a few weeks ago.

Nothing is impossible for bitcoin, and to reach 60K I am optimistic it will happen this month and despite the decline, it is unlikely to exceed 50K and will rise again.

and the 50K target is bitcoin's target to approach ATH yesterday at the right time and will continue to rise to 80K or more towards the end of the year, this is just my prediction which is not necessarily true and but I'm very optimistic it will happen that way. Grin

I'm positive that it will reach that height, new ATH may take place before the year end. It's been expected by many that this last quarter will be favorable for investors. The very first day of October show's good run, bringing more interest from newcomers and those who left the market for some reasons. They are now here and expecting that before December ends, they will see good growth.

The willingness to put investment also helps to carry the current price, it's more on pushing the market since there are people who really see the big potentials.

Without any major negative issue/news, this upward movement will continue and chances to surpass the last time high will be there.

Woodie

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Before Christmas this is ample time but Unfortunately markets are already in the bullish phase and knowing very well that price can't keep going up without any corrections or bearish move, am afraid to say that sooner or later price will have to go the other way and market makers can't allow this to happen so expect some manipulation for these guys to buy cheap coins at their desired price.

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Quote from: Jaycee99 on October 06, 2021, 10:14:08 AM

Form the subject itself give me your point of view and belief why you think bitcoin could go skyrocket this Christmas? Can BTC hit 60 or 70k$ this Christmas? I know it is unstable it might godowns but if you believe it will go up go type down your comment. Still, if you don't think it will go up you are still free to express it here.

Please state your proof, like photos why you think it could be up and up? likely if your answer, be sure to add some proof.

No hate comment please, it's just to hype you others to hold on to bitcoin is there if a chance that BTC value will go up Wink

as Halloween and Christmas are near! Roll Eyes

I definitely believe this is the case, I really think the bitcoin is going to be able to reach those levels by Christmas and if anything I think it can go way higher than that, my reasons for that are very simple, governments are still printing money, they are trying to get out of their problems by printing more currency but the problem that we are facing is inflation and that problem cannot be solved by printing more currency, and if anything it is going to make it worse, so people are going to try to find a way to protect themselves, and bitcoin is the perfect way to do it.

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Quote from: Jaycee99 on October 06, 2021, 10:14:08 AM

Please state your proof, like photos why you think it could be up and up? likely if your answer, be sure to add some proof.

Nothing more than the usual festive rush. The last quarter of the year is always favourable to bitcoin seeing it grow with lots of volatility that it is unpredictable what will happen next. This quarter was suppose to be different with the China ban news but it has broken all bearers and steady chasing the ATH. Hopefully we may get more push up before the month end to get a new record. $60,000 is another point of rest but if that is broken, then we can say welcome to a new ATH.

bitzizzix

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Quote from: ethereumhunter on October 07, 2021, 11:32:29 AM

I hope bitcoin will not just hit $70 this Christmas but more than $70k Grin

But I think that could happen as we see bitcoin price can now increase to $53k although the price is down for a little. But I am sure that the bitcoin price will increase more and hopefully, the price can reach $60k soon. It is good to see bitcoin become strong after what happened to bitcoin a few weeks ago.

Nothing is impossible for bitcoin, and to reach 60K I am optimistic it will happen this month and despite the decline, it is unlikely to exceed 50K and will rise again.

and the 50K target is bitcoin's target to approach ATH yesterday at the right time and will continue to rise to 80K or more towards the end of the year, this is just my prediction which is not necessarily true and but I'm very optimistic it will happen that way. Grin

kanayaTabitha

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Quote from: ethereumhunter on October 07, 2021, 11:32:29 AM

I hope bitcoin will not just hit $70 this Christmas but more than $70k Grin

But I think that could happen as we see bitcoin price can now increase to $53k although the price is down for a little. But I am sure that the bitcoin price will increase more and hopefully, the price can reach $60k soon. It is good to see bitcoin become strong after what happened to bitcoin a few weeks ago.

It depends on the media spreading what news onwards. I'm hundred percent sure if the media is spreading bad news just like china's FUD las month, the price will crash again and the whales are buying hard.
We hope people are no longer affected by the FUD and keep their positivity to hold their coins even if their coins is going down. This is the only way to reach that price, it depends on us, the holders itself.

ethereumhunter

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I hope bitcoin will not just hit $70 this Christmas but more than $70k Grin

But I think that could happen as we see bitcoin price can now increase to $53k although the price is down for a little. But I am sure that the bitcoin price will increase more and hopefully, the price can reach $60k soon. It is good to see bitcoin become strong after what happened to bitcoin a few weeks ago.

lienfaye

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Im bullish that bitcoin can increase further before this year end. So I think reaching the price of $60k-$70k is possible this Christmas since the current price is not far with that assume target.

However as we know that holiday season is also a moment of gatherings and giving presents, its expected that investors will take profit and spend some of their earnings. There are investors who will continue to hold while others might chose to sell especially if the price is increasing thus it will reflect on bitcoin's value. Nevertheless we are more than 2 months away before Christmas so many things can still happen that can affect the price and who knows we might even surpass the $70k target if there's some good news circulating.

Taskford

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For what we experiencing today we can say that it has high provability that the price predicted given on this thread is quite possible since we are now almost heading at $55,000 today and Christmas day is what we can say far to happen so everything might come up if no disturbance like any fuds nor sudden dumping scene will happen. But I guess we cannot see any of it anymore since mostly in 4th quarter of the year crypto mostly pumps.

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Quote from: Jaycee99 on October 06, 2021, 10:14:08 AM

Can BTC hit 60 or 70k$ this Christmas?

Of course, this is possible, especially if we take into account the current price which is very close to what you are specifically interested in. Although I am not personally burdened with the fact that the price must/should reach a certain level, I think that your goal is too low given the time ahead.

Quote from: Jaycee99 on October 06, 2021, 10:14:08 AM

Please state your proof, like photos why you think it could be up and up? likely if your answer, be sure to add some proof.

Evidence in any form is very subjective as it is mainly based on speculation, and this is not lacking in the media space. There is no evidence that something will really happen, there are only speculations and indications of possible developments based on past events and what could happen in the future.

hello_good_sir

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Ahh, classic prisoner of the movement syndrome.

I think that it is very unlikely. Resistance at $60k has been tested before and has proven to be extremely strong.

I do expect prices to fluctuate around the $50k range but the growth from this point on will be very slow and steady given the large market cap of pretty much all major cryptos.

yhiaali3

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Personally, I think that it will reach 70K$ much before the end of the year, perhaps by the end of this month, most likely we will witness 100K$ at the end of the year at Christmas, there was a long cumulative period for Bitcoin and it has already taken off and I do not think that it will stop before it makes a new historical peak and perhaps we will witness More than a historic peak until the end of the year.

henmark

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There is possibility because recently we have some good number of good news from around the glob and many mass adoptions happening few countries already bringing soft policies it means we can go in positive way for some long time just need some better views from haters as well because any bad news can hurt this trend very badly today already we touch $55K which is very good now next target is $65K because its big resistance point for big figure if this happens in November then surely we will be on good ride most chances we will be able to have our dream figure of $100K in 2022 first 2 months.

Yesterday, we have some good news from the USA as they are not going for any ban on any cryptocurrency or bitcoin.

michellee

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Maybe the price can be at more than $100k this Christmas because the price now is at $54k while Christmas will come in the next 3 months so the chance to see bitcoin price will be more than that price will wide open. But if the price still does not increase and back to $64k or $65k in the next 2 months, the price could be $70k. But I think that the bitcoin price will go higher and make another new ATH this year and we should only wait for a while and prepare our bitcoin to sell at the high price.

Oasisman

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$70,000 might be too low for December, considering how Bitcoin has been pumping since the start of October. Bitcoin just reached $55,000 month high, and one of the major reason is the US bank catering cryptocurrency custody service.
https://www.google.com/amp/s/www.cnbc.com/amp/2021/10/05/bitcoin-custody-us-bank-launches-service-as-institutions-race-to-cater-to-crypto-demand.html
This means Banks from all around the world could follow this banking feature, thus causing an additional crypto adoption.
Also, this could just be the beginning of the October pump and $70,000 is very much possible to reach this month.

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Quote from: Poker Player on October 06, 2021, 10:44:43 PM

Lol, I love your target. I think it is the most optimistic prediction of any I have seen, except perhaps the supercycle theory.

It is actually not a "super-cycle" and if anything it is going to be a "dwarfed-cycle".
If you ignore the digit counts in price and focus on the percentage change you'll see that last time price went up 13,233% and so far the rise we had (using the ATH not current price) the rise has been only 1,835% which is 11,397% lower than previous rise!
Even with $70k it still would be 11,074% smaller.

Just because $70,000 has 5 digits that doesn't mean it is a "big" number that has to be the final ATH.
Even my prediction at $400k is still smaller than previous cycle!!!

Poker Player

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Quote from: pooya87 on October 06, 2021, 10:49:27 AM

My target is still the same $400k+ and the only thing different in it is that now I am speculating a different time frame which is the first quarter of next year.

Lol, I love your target. I think it is the most optimistic prediction of any I have seen, except perhaps the supercycle theory.

Quote from: OgNasty on October 06, 2021, 04:34:42 PM

If Bitcoin is at $70K by Christmas it’s because the $200K bubble popped...

That's what I think. I think at a minimum we're going to exceed $100k in this last quarter of the year. We can get to $70 in a week. Getting to only $70k and not exceeding it would have to make us rethink how the price and cycles work.

coin-investor

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Quote from: Jaycee99 on October 06, 2021, 10:14:08 AM

Form the subject itself give me your point of view and belief why you think bitcoin could go skyrocket this Christmas? Can BTC hit 60 or 70k$ this Christmas? I know it is unstable it might godowns but if you believe it will go up go type down your comment. Still, if you don't think it will go up you are still free to express it here.

Please state your proof, like photos why you think it could be up and up? likely if your answer, be sure to add some proof.

No hate comment please, it's just to hype you others to hold on to bitcoin is there if a chance that BTC value will go up Wink

as Halloween and Christmas are near! Roll Eyes

The only proof that I can post is the big pump in the last 7 days in the early week of October 32.3%this is a big pump even if there is the news of China banning Cryptocurrency, the months of November and December will be a strong signal for the market so it's possible for the market to reach $70k or even more, investors trust on the market is growing as the year is coming to end.

Reid

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I believe it can. We saw it, it went there. Investors come and go but I believe there is more coming and keeping it than withdrawals to other currencies.
Traders are mostly who sways its price and some due to FUD that was believed by easy to panic new investors.
November and December market is full of surprises but I think $60k is easy to reach and it might even go beyond it if the market won't correct instantly and it goes until January.

Kong Hey Pakboy

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There's a possibility, it's only about 20k away from happening and there's still a lot of time for that to happen, it might not even be just 70k by December, it could be higher than that. But this is all just a speculation so you better be cautious more than anything else.

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