Can we experience $80k this year? - page 16.

milewilda

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Quote from: $crypto$ on February 15, 2023, 11:10:42 AM

Quote from: GeorgeJohn on February 14, 2023, 06:32:55 PM

We should not be excited because little increment or green colors of Bitcoin in the market, that period Bitcoin experience such increment in volume many people do think that have entered into bullish market. I stated tha before we could finalize that Bitcoin increment have gotten to the extent of saying we are in bullish it's when we cross forty thousand dollars (40) this year when i will agree that Bitcoin have entered a bullish market.

This increase is not necessarily going to be better because there will definitely be a correction as usual, I estimate that this will all be temporary while for people who have already sold it is not a problem because they see it as a short-term profit, while we know this is the initial recovery process for bullish but in the end the fact is that rising to $ 40k was very difficult in the first quarter, but as time goes on for 1 year from now there is a possibility that bitcoin can reach or more than that, but who can hold on to what they have then that is much better.

Wont really be a smooth sail ride on which other people been thinking on on where on the time that we do see some increase in price, people would be having that impression that we would be having that continuous movement which is really that very wrong.We do face up lots of correction and price pullbacks whenever we do see green candles and this is why you should really anticipate this moment because
this is how this market behaves or works. $80k is too far and not something realistic for this year alone.Its better to mind and believe that we would be needing to break other resistances above
before we could see a new ATH.It wont really be happening in a short time.

$crypto$

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Quote from: GeorgeJohn on February 14, 2023, 06:32:55 PM

We should not be excited because little increment or green colors of Bitcoin in the market, that period Bitcoin experience such increment in volume many people do think that have entered into bullish market. I stated tha before we could finalize that Bitcoin increment have gotten to the extent of saying we are in bullish it's when we cross forty thousand dollars (40) this year when i will agree that Bitcoin have entered a bullish market.

This increase is not necessarily going to be better because there will definitely be a correction as usual, I estimate that this will all be temporary while for people who have already sold it is not a problem because they see it as a short-term profit, while we know this is the initial recovery process for bullish but in the end the fact is that rising to $ 40k was very difficult in the first quarter, but as time goes on for 1 year from now there is a possibility that bitcoin can reach or more than that, but who can hold on to what they have then that is much better.

Wong Gendheng

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After a difficult period in 2022, we deserve to expect more in the current year, many predicted that this year is the year of recovery, I have never been too hopeful prices skyrocketed up to $ 80K, because the increase that is too fast is usually fragile and easily falls , it's better to rise slowly and if this year it can reach $ 40k, of course, is an achievement that I think is fantastic.

GeorgeJohn

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We should not be excited because little increment or green colors of Bitcoin in the market, that period Bitcoin experience such increment in volume many people do think that have entered into bullish market. I stated tha before we could finalize that Bitcoin increment have gotten to the extent of saying we are in bullish it's when we cross forty thousand dollars (40) this year when i will agree that Bitcoin have entered a bullish market.

Quidat

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Quote from: 19Nov16 on February 14, 2023, 10:02:26 AM

There is still a lot of time and opportunity that can happen this year, the price has risen by more than 40% in January and gives great hope that this year the market will rise, and of course the price of $ 80 or almost 400% from now is something that is still realistically affordable , if there wasn't a big case like FTX then bitcoin price would explode fast.

Not only FTX similar like situation but also in other things which turns out to be negative which we dont really like but we know that this market is really having those common situations that could happen along the way on which there's nothing we can do but to face it out.Bearish moment and conditions are really that normal and instead on looking it negatively its better to see this as an opportunity to buy or accumulate cheaper coins which is really good for you to DCA specially with Bitcoin and into some top altcoins in the market.Sticking on Bitcoins price which we do mention about 80k?
Its really hard for this year which we know that we need to break its ATH and its not something simply to break with.

19Nov16

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There is still a lot of time and opportunity that can happen this year, the price has risen by more than 40% in January and gives great hope that this year the market will rise, and of course the price of $ 80 or almost 400% from now is something that is still realistically affordable , if there wasn't a big case like FTX then bitcoin price would explode fast.

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Quote from: bitterguy28 on February 14, 2023, 12:51:11 AM

I am not to distract or brake your heart but why in the world we will be having 80k this year? we have just reached almost 70k in 2021 , and then fall down to 15k in 2022 and now 2023 we will be having another ATH?
not sure where did you get that belief but for me? it is not far impossible to happen.
maybe assuming this to come will bring more losses so best to understand market sentiment now and that is we will continue holding atleast 20-30k this year .

I think the idea is that "is it possible" and its not "will we" but its "can we", and we can, will we? I do not know, that is a question I can't answer, will we means it has to happen for it to be right, can we means are we capable of it, and we are capable of that. I think it won't be 80k, but I think it can be 80k, they are not mutually exclusive.

It is just English really, a language that is quite easily made up to make it easy to speak, hence why it is lingua franca right now, and why its one of the most spoken languages in the world, puts can and will words separate and close enough that we understand the meaning. We can, we won't, simple as that.

Pejoh Asu

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Quote from: dansus021 on February 14, 2023, 12:38:46 AM

THis year 80K I say this was impossible but I don't think wont happen in 2023 maybe we just see mini bull run or mini altseason but keep bitcoin in stash would be a great idea

Last January I was optimistic that this year will continue to rise, I believe the price has touched $ 25k in the first week, unfortunately the market stopped and it looks difficult to go up, if February can't touch $ 25k maybe it will drop again below $ 20k, but whatever happens with the current price situation I'm sure this year can be better than 2022 even if it can't reach $80k.

ivankoh

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I expect a recovery that bitcoin allows us to be sure but that doesn't mean bitcoin will hit $80k this year. It is too early to change the market structure again, conditions outside the economy will also put additional pressure on bitcoin. Sure that bitcoin will return to a 1 trillion asset and much greater value, 2025 seems more realistic to hit $80k. Therefore, I think this is the best time to build a plan to buy and hoard bitcoins.

bitterguy28

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I am not to distract or brake your heart but why in the world we will be having 80k this year? we have just reached almost 70k in 2021 , and then fall down to 15k in 2022 and now 2023 we will be having another ATH?
not sure where did you get that belief but for me? it is not far impossible to happen.
maybe assuming this to come will bring more losses so best to understand market sentiment now and that is we will continue holding atleast 20-30k this year .

dansus021

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THis year 80K I say this was impossible but I don't think wont happen in 2023 maybe we just see mini bull run or mini altseason but keep bitcoin in stash would be a great idea

Woodie

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As much as we all want to see Bitcoin succeed some of these price expectations are a big ask to be honest ! Let's not forget that for btc to achieve this fiat is needed to be pumped into this economy which happens not to be happening at the moment.. And with the increase of altcoins on the market... Bitcoins potential is currently not fully explored as too many shitcoins are siphoning money out of btc and this will only change when money is brought back to btc and good altcoins.

Quote from: Yatsan on February 13, 2023, 06:07:37 PM

There should be something huge to happen before we see a market price as high as this one

Exactly, maybe our hype man Elon Musk can use his Twitter platform to give btc the bump it needs or adopt it into his spacex program as a sign of preparations of the future

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EdenHazard

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Quote from: Yatsan on February 13, 2023, 06:07:37 PM

There should be something huge to happen before we see a market price as high as this one, just like what happened on the previous ATH. And if we would base on what's being anticipated, I think this would happen next year once halving occur. There's no certainty still. The idea that a bullish market would happen is because of the previous fork wherein Bitcoin and other cryptocurrencies broke ATH price way back 2018 if I'm not mistaken (feel free to correct me). But the idea is there. Even if there's no certainty, atleast there's that hype which could trigger a demand and eventually reflect to the market prices.

Well the only sure thing that could make it happen in a reasonable way is by having the bitcoin halving around the corner which it's by 2024 , not this year so yeah unfortunately the chance is very tiny without strong fundamental to boost the price up to $80k or any all time high.

We might continue to struggle like this between swinging and drop deeper before bounced back.

Yatsan

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There should be something huge to happen before we see a market price as high as this one, just like what happened on the previous ATH. And if we would base on what's being anticipated, I think this would happen next year once halving occur. There's no certainty still. The idea that a bullish market would happen is because of the previous fork wherein Bitcoin and other cryptocurrencies broke ATH price way back 2018 if I'm not mistaken (feel free to correct me). But the idea is there. Even if there's no certainty, atleast there's that hype which could trigger a demand and eventually reflect to the market prices.

BitDane

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Quote from: darewaller on February 13, 2023, 03:44:06 PM

Quote from: Zanab247 on February 08, 2023, 11:39:39 AM

Since the year started with a good results by moving from $20k to $24k this year, show that the price of BTC and crypto will move higher to satisfy investors soon. Now that the month is moving faster and investors need to think faster so that they will not miss their reward at the end of the year. The price of BTC just drop down to $22k few days ago, which is another opportunity for those that missed last year not to invest in a stable coins to do it now because, the price of BTC will surely reach $80k before the end of this year 2023.
Are you sure investors will experience $80 this year?

I don't think so, I mean is it technically possible? Of course it is technically possible and I think it may happen if we talk about just math of it, but that doesn't change the fact that its probably not going to happen, it is going to be pretty much a normal thing at that point and I believe that we shouldn't be shocked about it.

I think it is technically possible but the chance is slim. So I also think that $80k is not feasible this year. Even though Bitcoin had a rally to $24k this past day, I still don't think that the market had transitioned to bull market. The sentiment is probably bullish but at the current dip of Bitcoin, it looks like the market sentiment is again shifting to being bearish. So that being said, I believe we won't be seeing any new all-time-high this year 2023.

_BlackStar

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Quote from: darewaller on February 13, 2023, 03:44:06 PM

I don't think so, I mean is it technically possible? Of course it is technically possible and I think it may happen if we talk about just math of it, but that doesn't change the fact that its probably not going to happen, it is going to be pretty much a normal thing at that point and I believe that we shouldn't be shocked about it.

The best thing about the current situation is that even if not 80k, if we reach 40k which is half of that, it would be amazing. That is what we should aim at, if you look at it like its a big deal to reach 80k and not be happy with 40k, you are missing the point of it and I do not think that it would matter all that much at all.

I tend to think that $80K this year is tough even if it's driven by a lot of market demand. Even if the bitcoin price goes higher, then I think it will be between $30K and $40K. Prices are always difficult to predict even if we are getting closer to the halving. Big corrections are always possible because the market is always negatively impacted by FUD. But for me, buy on dip and DCA will be very useful for long term investment.

If I'm optimistic about price up, then I should be accumulating as many bitcoin as possible from now on - and you should be too.

darewaller

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Quote from: Zanab247 on February 08, 2023, 11:39:39 AM

Since the year started with a good results by moving from $20k to $24k this year, show that the price of BTC and crypto will move higher to satisfy investors soon. Now that the month is moving faster and investors need to think faster so that they will not miss their reward at the end of the year. The price of BTC just drop down to $22k few days ago, which is another opportunity for those that missed last year not to invest in a stable coins to do it now because, the price of BTC will surely reach $80k before the end of this year 2023.
Are you sure investors will experience $80 this year?

I don't think so, I mean is it technically possible? Of course it is technically possible and I think it may happen if we talk about just math of it, but that doesn't change the fact that its probably not going to happen, it is going to be pretty much a normal thing at that point and I believe that we shouldn't be shocked about it.

The best thing about the current situation is that even if not 80k, if we reach 40k which is half of that, it would be amazing. That is what we should aim at, if you look at it like its a big deal to reach 80k and not be happy with 40k, you are missing the point of it and I do not think that it would matter all that much at all.

GigaBit

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Quote from: Zanab247 on February 08, 2023, 11:39:39 AM

Since the year started with a good results by moving from $20k to $24k this year, show that the price of BTC and crypto will move higher to satisfy investors soon. Now that the month is moving faster and investors need to think faster so that they will not miss their reward at the end of the year. The price of BTC just drop down to $22k few days ago, which is another opportunity for those that missed last year not to invest in a stable coins to do it now because, the price of BTC will surely reach $80k before the end of this year 2023.
Are you sure investors will experience $80 this year?

There is no doubt that BTC will be bullish. The previous ‍all time high was $69000 and the subsequent bull market could be bigger. However, it is very likely that it will start this year or next year. Following Bitcoin's 4-year cycle, a major price movement may be seen in 2024. Since we saw $69000 all time high in the last bull market and the next all time high could be $100000. In 2017 the price of Bitcoin was $19666 and in 2021 it reached $69000. According to this, the price of Bitcoin may become more bullish and may rise above $100,000. Although some people have negative comments about Bitcoin but it will reach its goal after a certain period of time.

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Quote from: Zanab247 on February 08, 2023, 11:39:39 AM

~
the price of BTC will surely reach $80k before the end of this year 2023.
Are you sure investors will experience $80 this year?

You are spitting facts which are Bitcoin's price pumping up and then suddenly it went down which is what really happened then now you will say that Bitcoin will reach $80,000 just because of what happened a few weeks ago?

Man wake up from your dreams even just for today. Wake up and think about how will Bitcoin reach $80,000 this year? Ohhh ok it's your predictions right and we all can make predictions as we wish.

Good for you if that's your prediction. I guess you're optimism is beyond what others have right now.

It will not happen obviously. The reality is that, 2023 will just be a better year than 2022, but it doesn't mean that prices will go up high as much as it is a year ago. Bitcoin might not even reach $40,000 IMO. Still believe it will be a sideways movement this year. Just look at where Bitcoin is right now. It went up as high as $24,000 and it surpassed that price for only 2 hours and after that, it went down below $24,000 again, and we know what happened already. Bitcoin tumbled down, and what happened a few weeks ago might be a possible false breakout.

inthelongrun

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Quote from: gunhell16 on February 13, 2023, 04:20:43 AM

Quote from: inthelongrun on February 11, 2023, 08:54:23 AM

While it is already mission impossible for bitcoin to reach $80k this year, I might get convinced if a proper analysis as to why the price will increase that high this year alone. The absence of analysis from OP makes that $80k prediction of bitcoin price more of a wishful thinking. It might not even reach that high in the halving year which is next year already. Next bitcoin ATH will be in the following year of the halving as what we observed in the past. Bitcoin reaching in trillion market cap will surely slowdown its growth as well.

Many times the mission impossible has become possible with bitcoin. Just like before when it was not believed that it would be 1300$, it suddenly happened and after it was passed, the community level of bitcoin suddenly increased, then it became 20k$ until it reached close to 80k$ or more.

A lot of people did not expect the value of bitcoin to be like that, then it dropped again at 20k$+, which means that if such impossible things happen, the impossible can happen again in the future and even more.

But those amounts happened during the halving years and the next year of the halvings which are the ATH makers before bitcoin goes into correction again. But $80k before the halving year seems like a mission impossible for me. $80k is only possible in the years 2024 and 2025 if we are to look at the history of bitcoin prices. Of course, there are no guarantees as always but I bet $80k won't happen this year. That's just too early. I even doubt we can reach $50k this year. My early assumption is $35k to $40k is the highest price of bitcoin this year.

Topic: Can we experience $80k this year? - page 16. (Read 2360 times)