Topic: Can we experience $80k this year? (Read 2360 times)

Yes, the OP asked if the price of Bitcoin will reach 80k at the end of this year, and the OP's question was made at the beginning of this year, namely in February. I think this question makes sense because the question was asked at the beginning of the year, and currently as we can see, the Bitcoin price is still not showing signs of a significant increase.
And my answer at the end of this year Bitcoin will not reach 80k, because the price of Bitcoin is not easy to predict because anything can happen due to several factors that we never know before. And I think the price of Bitcoin at the end of the year is still under half the price of 80k, maybe it can reach 34k-38k. And in 2024 there is a possibility that it will reach the price mentioned by the OP, and it is worth continuing to take advantage of this decline to accumulate holdings.

Yes, related to whether bitcoin can touch $ 80,000 this year, in my opinion it can happen and can also not happen, here we may only be able to hope with various speculations and maybe with some existing rumors. But all that will come back again, that no one can predict the whole. Let's speculate, now bitcoin is still at the bottom of support and is experiencing a correction at $ 25,000, I slightly see there are some points to go towards a reversal towards bullish but it cannot be fully confirmed, because yes as we discussed now, no one can predict completely. And besides that in my opinion to reach $ 80,000 this year in my opinion it is quite difficult, because the current position to reach that price is quite far away, there will be a further correction after this when bitcoin touches one of the previous resistances and maybe according to my assumptions after seeing the history of price movements in the last few months it looks like the highest point of bitcoin in the rest of the year is around $ 53,000 - $ 55,000. But let's see.

Yes that's pretty good, but before we finally trust a coin or bitcoin we must also first do some research on the coin, how can you say you don't need to know what happens to the coin in the future. Before you believe in a coin, you must have previously done some market research related to that coin so that after that you will be able to believe, analyzing the various potentials that will occur is very important, because only that will lead us to real profits. But well you suggest something good, if you already have confidence in the coin then start from now on, but must remain with full caution there. And also for bitcoin itself I would slightly suggest now is the right time to buy and save more.

If you want a real answer, no one knows if each bitcoin will be worth $80, 000 before the end of the year 2023. You can only see or read various speculations, but it's up to you if you believe their assumptions. Because no one has been to the future and will say what he saw in the future he went to.

Instead of knowing what will happen to its value, it is better that we prepare for the future. It is better that we save coins that we believe will increase in value more than our 100% belief in them; for example, Bitcoin or other cryptocurrencies may follow their rise in market price.

Probably it is not going to happened this year because it is just too early for that kind of market price, the all time high was just near that market price so we can expect it already. If we are goin to compare the cryptocurrency today to the past year we can clearly see that cryptocurrency and Bitcoin is just mich more popular this day. Meaning there were just too many users today than in the past years. Cryptocurrency is already adapted in a lot of countries and even banks are already supporting Bitcoin, in my country you could buy and sell cryptocurrency on there platform using the application.

For sure 80k$ is just an realistic price to reach but it is not going to happened this year, my speculation this year was only around 40k$ in the end of the year, because probably we could expect a small pump in the end of the year or maybe next year because peopl is going to realize that the Bitcoin halving event is near.

Certainly, Bitcoin price won't experience $80k this year. When OP made this post of bitcoin reaching $80k price was in February and we are at the beginning of September, bitcoin is still fluctuating a bit higher than the price it was in February, which is $24k, and today's price of $26k.

If we can hope and predict the highest price bitcoin can go before the end of this year, we should be looking at the price of $35k-$40k price tag. Other higher prices should come before and after the halving season. Maybe the $80k price might come to fulfillment, months after the halving season.

80k to occur now would be lighting a rocket under someone's seat, more disruptive then helpful :p    A slow steady, very well built gain like stone stair spiral is what we want, something that lasts for years not a wobbly ladder thats going to break my leg and make BTC into another game of snakes & ladders; this is destructive even while higher hence volatile price action.

Although we are close to all the market bulls this year so we expect to see Bitcoin change. But at present the market of Bitcoin seems that it may not be possible to touch $80k dollars this year. From time to time we have seen that the Bitcoin market has changed and many market trends have shown that it may not be possible to go this far in the midst of this volatility. I think Bitcoin has a chance to touch $40k this year but not sure yet as the market is very volatile. However we can expect if we don't see some bull market this year then we will certainly see it in the new year, as Bitcoin is trending towards a halving in 2024 so we will see a bull market after the halving.

People should really be having this kind of mindset on which they shouldnt really that mindful that much or in concern about on what would be the prices on a specific time or period on which it would really be just making you desperate or really that stressful for you on keep on waiting for those price digits on which this is something that you must really be that neglecting or ignoring or keeps on guessing on what would be the price.It would be better that you should really know on how to go with the flow and would really be making out actions basing up on your own knowledge and skills which we know that this one is really that differing on each person
because not all would really be that knowledgeable.

$80k for this year? Possible but not really that likely basing up on how we do move for this year which it isnt so much of a movement and we do fail up on breaking up that 30k price barrier.
If there would be some sort of positive news then we might be seeing the different thing but just like on what i had said earlier that it would be better if you shouldnt really be keeping yourself that
too optimistic nor hopeful that much.

That is ATH how we did not consider big at the price of $80K and this year is still very bleak to see the market. The future we believe it will be bright when its time we never know just always look after the halving and it overrides on the previous cycle.

With the good news from Spot ETFs it's not being signficant to the highest and prices are a bit bubble but they don't seem to be able to last long I see the chart going down again to $26K Yeah I said it's still in a down phase for the year.

Imo, instead of trying to figure out when Bitcoin hits $80k, $100k or even more , we should first look on when if will reach its current ATH. That is more important stage in Bitcoins history. When ATH is reached, we have all roads open to go further. Right now, even going above $30k looks like a huge achievement for Bitcoin. Even $30k makes many of us happy and cheered. And notice, we have small, but importand victories on the field (SEC, ETF, more adoption and etc) and Bitcoin only gains a thousand or more, when previoisky it could gain 2-5 thousands.

80000 dollars is a new all-time high for bitcoin and there is no how we are going to record a new all-time high before the bull run. From the way the market is going, the best we can see this year is within 40 to 45 thousand dollars.
Before now when the support was at $30000, we were very optimistic that the market will grow faster. Now that the resistance has been broken and bitcoin price has been below 30000 dollars for some weeks. It means that it will need another big efforts to break the resistance and move forward which may not happen any moment.
It is fine that we have that mindset and begin to invest for the upcoming bull and not to take an emergency profit.

We can see a bullish movement around a possible halving but it is unlikely that 80k will happen this year as the bullish movement has not yet started in Bitcoin. If the Bitcoin price increases by 50 percent this year, the price of Bitcoin can stay between 45 or 50 thousand. So we can see a bullish movement of it not this year but next year. A kind of positive trend can also be seen among investors before the start of Bitcoin bullish movement. Although the market trend is still positive but we have to wait for a long time. We know that in the past ATH was about 69k so it is really hard to exceed 80k during this period.

That is obvious though, $80k is very big for us right now. Perhaps it can be achieved on the next bull run for us. Even the $30k price seems to be the biggest barrier because we have a hard time breaking that price.

Although you mentioned that it had dropped to $26k, it even drop further to highs of $25k. However, with some good news about the Spot ETF, it seems it has gain traction in the last couple of days and now pushing above $27k.

Prices that are too high and too far from the prices currently circulating in the market will indeed be difficult to achieve in a very short time. Because there are a lot of resistance levels that Bitcoin has to overcome from now on and $80K is the price that is already considered the new ATH, so I also don't think that it can be reached within this year if we talk about a time that might have started short for the year This.

We will not be able to experience 80k this year, because more than half time of this year is over, and so far where Bitcoin has not broken the level like 30k, how will it go up to 80k? Rather its value is getting duller and its value has dropped to 26k now. as a result of this Of course we understand that we may not experience 80k this year.

I agree with you and feel that this year is not something that is expected to see a sharp increase even up to $ 80K which of course is a renewable ATH. even though we know that according to the experience carried out by bitcoin, the renewable ATH will occur in 2025, so I think this year will move better, maybe not above $ 50K.
even if there is a correction, of course, it is very good that it will trigger many to buy to prepare until 2025.

$80k. Does that mean we're talking about a new ATH? Bitcoin never hit a new ATH before the halving, while the halving is still a long way from us, we can't expect $80k this year, I never even thought about it. With what happened in the first 6 months of the year, it can be seen that the market is still very gloomy and has not shown any signs of increasing prices. So I think instead of daydreaming about this year's ATH, I'll focus on accumulating as many bitcoins as possible.

$80k is a target that is difficult to achieve this year, because there has been no good news that looks WOW,
what I know now is only about ETFs and China, which is also good news which is good for turning to bullrun,
but before halving the price of Bitcoin it will be difficult to reach new ATH, so just be patient and hold for 2024-2025.

Although it looks difficult, hopefully this year can reach $ 80k in my opinion as long as there is no big scam case like Luna or FTX, the price chances will continue to rise, there may also be corrections when prices can reach a higher level, but I'm optimistic even though it does not reach $ 80k at This year, a great opportunity can occur when approaching halving day next year.

Its' too far stretch for us to reach $80k. Conservative estimates could put us around $40k-$50k. Currently we are in the $30k'ish and in reality it's obviously closer to the price that I have put up.

We are not saying that $80k can't be reach, but barring all circumstances, the chance are very slim. And I guess that is good for us. At least we have a lot of leeways and space to make a run to that price in the next bull run.