Can we experience $80k this year? - page 19.

aoluain

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Quote from: Marvell1 on February 09, 2023, 09:21:50 AM

Quote from: Zanab247 on February 08, 2023, 10:39:39 AM

Are you sure investors will experience $80 this year?

I still believe history will repeat itself, meaning bitcoin only hit $80k or new ATH after the halving, so I don't believe bitcoin can hit $80k by the end of the year. Bitcoin is up 40% in just the first month of the year, which is great, but that's not enough to say that we've ended the bear season and are approaching the bull season. The possibility of bitcoin falling again is still huge. I don't want to be pessimistic or spread fuds, but we need to be careful because the market doesn't work as we think it should, it's unpredictable.

I too think history will repeat itself and we will get a new ATH after the halving but that
ATH will be 2025.

Another thing which has happened prior to previous halvings is we have gotten a
bull run before the event, so a bull run will most likely happen this year but $80k
might be a bridge too far.

one thing for sure is the markets will not constantly rise, there will be dips and
corrections as Welsh pointed out on page 1

AbuBhakar

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Quote from: palle11 on February 09, 2023, 09:09:08 AM

These are two different questions and you are in the position to give a precise guide of your assumption and prediction of the price of $80,000. At the main time and with the way that bitcoin has increased these few days and the beginning of the year. This year may be different anyway from the movement as it is steadily increasing in the year before halving which is not the usual way of the movement. However, I'm not expecting the possibility of such price before halving.

Even where still in the early months of this year we can’t still say that the price will reach that amount as it’s still far from the price now and we don’t expect any news that may come from bitcoin anytime soon due to ongoing economic problems of different countries and wars that some countries experiencing. We don’t know yet what the price will be once halving is done. In the meantime what I do now is Hold and acquire some since I still see somewhere in the future if not this year that price will increase again I just bought some BTC whenever I can and will just wait till the next bull run.

Marvell1

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Quote from: Zanab247 on February 08, 2023, 10:39:39 AM

Are you sure investors will experience $80 this year?

I still believe history will repeat itself, meaning bitcoin only hit $80k or new ATH after the halving, so I don't believe bitcoin can hit $80k by the end of the year. Bitcoin is up 40% in just the first month of the year, which is great, but that's not enough to say that we've ended the bear season and are approaching the bull season. The possibility of bitcoin falling again is still huge. I don't want to be pessimistic or spread fuds, but we need to be careful because the market doesn't work as we think it should, it's unpredictable.

Zaguru12

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Quote from: Lubang Bawah on February 08, 2023, 09:08:44 PM

I think the price of $ 80k is a reasonable thing to reach this year, the price has gone up more than 40% and is a sign that the market is skyrocketing soon, back in 2021 the highest increase that occurred in a month was only 25%, of course there are no obstacles like LUNA and FTX which made many investors panic and sell assets cheaply.

Although it has moved significantly from something 16,500 to currently 22,700 from the start of the year. But when you look at it hasn’t really surge up this month mainly because of economic factors. With recession present lurking around I don’t see touching the 80k price just yet infact we could be bearish in the last quarter of the year should the recession hit. And also cases of Exchanges been hacked could rises. The most stumbling block could be crash of any major Altcoin this year. With the increasing number of investors in AI tokens growing this year any crash to one of the major ones could greatly affect bitcoin

palle11

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Quote from: Zanab247 on February 08, 2023, 10:39:39 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?

These are two different questions and you are in the position to give a precise guide of your assumption and prediction of the price of $80,000. At the main time and with the way that bitcoin has increased these few days and the beginning of the year. This year may be different anyway from the movement as it is steadily increasing in the year before halving which is not the usual way of the movement. However, I'm not expecting the possibility of such price before halving.

Yaunfitda

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Quote from: Unbunplease on February 08, 2023, 06:11:06 PM

We can potentially expect 80,000 in 2023. Everything will depend on both the economic situation and the degree of acceptance of bitcoin and the level of use in interstate settlements. it is no longer necessary to be tied to halving alone, since a huge portion of the coins have already been mined.

For me no one really can tell, even TA can't tell us if we are going to $80k for this year, so it's better to

a. not expect something that big so that we won't be disappointed
b. regardless of what the price will be at the end, we should take our investment for long term.

So with that, why not just accumulate and stack sats?

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I think bitcoin hasn't been able to move higher or faster because it seems like bitcoin is still waiting for the moment of reversal. What might happen is that the price can slowly increase according to global circumstances and one day, people will not realize that the price of bitcoin has reached the last ATH. Now is a good time to buy bitcoin, especially since the price is still at $22k. And discerning investors are already using this opportunity to buy more bitcoins. But I'm not sure if the bitcoin price can increase to $80k before the end of the year because it seems a long way off for the price to jump to high prices in such a short time.

Edwardard

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Quote from: Fuso.hp on February 08, 2023, 09:21:59 PM

And currently investors are also investing heavily in Bitcoin.

This doesnt mean anything! Investors and institutions are also DCAing since the top from last year. Many got liquidated while most are holding on to their losses.

Quote from: Fuso.hp on February 08, 2023, 09:21:59 PM

And experts are saying that the market could change a lot later this year and early 2024.

The fed is arrogant about bringing inflation down to 2%. So until then we could see a choppy year ahead. But I do expect a rally afterwards, probably during mid 2024 to new ATHs. Although the FED is slowing down, remember that its still in the tightening phase and not much new money is being printed.

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Quote from: Unbunplease on February 08, 2023, 06:11:06 PM

We can potentially expect 80,000 in 2023. Everything will depend on both the economic situation and the degree of acceptance of bitcoin and the level of use in interstate settlements. it is no longer necessary to be tied to halving alone, since a huge portion of the coins have already been mined.

Best not to expect mate instead let it happen , because beyond expectation is failure and since we are a holder? we can just ignore the price now and let it go to that level.
either this year or the next? it even in 2025?
but of course this positive thoughts will be a good sign of support from people around the crypto world.

Fuso.hp

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We wouldn't be surprised if Bitcoin is worth $80K by the end of this year. Because the market was down for a long time but with the new year the market is changing. And currently investors are also investing heavily in Bitcoin. And experts are saying that the market could change a lot later this year and early 2024. So it wouldn't be surprising if the market reached $80K this year.

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Quote from: Zanab247 on February 08, 2023, 10:39:39 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 think the price of $ 80k is a reasonable thing to reach this year, the price has gone up more than 40% and is a sign that the market is skyrocketing soon, back in 2021 the highest increase that occurred in a month was only 25%, of course there are no obstacles like LUNA and FTX which made many investors panic and sell assets cheaply.

hatshepsut93

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Why would the price reach such high level this year? It's not a time for bull market yet, that would be year 2024 when the next halvening will happen. You can't just extrapolate the small bullish movement we had this year. Bitcoin goes up and down all the time. There's still going to be a lot of periods of small bullishness and small bearishness. But the overall trend is best described as stagnation - it's not a bull market yet, but also not a bear market already.

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Quote from: Unbunplease on February 08, 2023, 06:11:06 PM

We can potentially expect 80,000 in 2023. Everything will depend on both the economic situation and the degree of acceptance of bitcoin and the level of use in interstate settlements. it is no longer necessary to be tied to halving alone, since a huge portion of the coins have already been mined.

I'm not sure of it. The market is in good position, but the economy needs to be rebuilt and it takes time. In recent years the cryptomarket have begun to coexist with the traditional market. This too a reason why we were able to have bullish and bearish movement within respect to the traditional market variation. Though huge portion of coins is mined, the halving increase the demand even high which could trigger the market high than what we experience now and then.

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Quote from: Zanab247 on February 08, 2023, 10:39:39 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'm not sure what the price you're referring to is ($80) for the end of the year, though perhaps you forgot to add the letter (K) to signify thousands of dollars to your intended price. But for a price of $80K with a year-end deadline, I'm still a bit hesitant about it because that's a huge level Bitcoin has to reach in a relatively short amount of time in my opinion even though it could happen in the market. Because I still haven't thought about the new ATH that could happen this year in Bitcoin, so I'm still a little doubtful for a price of that much in this year.

Unbunplease

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We can potentially expect 80,000 in 2023. Everything will depend on both the economic situation and the degree of acceptance of bitcoin and the level of use in interstate settlements. it is no longer necessary to be tied to halving alone, since a huge portion of the coins have already been mined.

BitDane

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Quote from: Zanab247 on February 08, 2023, 10:39:39 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?

If the uptrend continues, then it is possible to experience $80 this year, but I don't give hopes to it. We might see some long line of sideways, since I believe this January, Bitcoin is overbought resulting on its price surge all of a sudden. We might also see some sideway now since when there is a sudden surge, correction follows.

Anyone can say yes and no, but at the end, no one can predict the future accurately. All we do is just guesses and hope that it will happen. So I believe that there is a possibility but not certainty that $80k will be reach this 2023.

Mahanton

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Quote from: Zanab247 on February 08, 2023, 10:39:39 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?

Dont make yourself expect with these numbers because if we do base up on how the price is moving on the current condition then this isnt something that we could tell that it is really on fast pace.
Dont make yourself that hopeful or really that optimistic because it would really just frustrate you out if ever the price wont be hitting up on the level that you are expecting into.
This isnt something that you could really be able to know and we are all here are hoping on the same thing but at least you should make yourself that realistic when it comes to price predictions.
We cant easily break that 69k ath that we do had and to think that this wont really be a smooth sail ride as always.

goaldigger

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As much as we want to see new ATH this year, its too impossible because we are just starting to recover from bear and there’s no market that can recover that high instantly. This is just recovery year and I only expect Bitcoin price at the level of $30k, and next year will be a good one because that can be the start of the real bull trend. There’s a lot of uncertainties in this market, just take profit always and don’t be greedy waiting for the peak because you might missed a lot of opportunities.

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Yeah, it's hard to say what the price of Bitcoin gonna be this year. Bitcoin market is so crazy and can change fast with any news or event. Just because price go up doesn't mean it gonna hit new high by end of year.

My thought is, price gonna be around $40k to $50k, depends on market situation and news. But like you said, no one really know what's gonna happen.

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Quote from: Zanab247 on February 08, 2023, 10:39:39 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?

When the market is in positive movement, many people start discussing such big predictions. Bitcoin has started this year on a very positive note, which certainly makes us optimistic that Bitcoin can achieve any major targets this year. But it should also be remembered that if the market is pumped quickly, there is a possibility of a major correction. But I think it may take some time to see new ATH like till next year. But I wouldn't be surprised if Bitcoin goes to $80k this year because Bitcoin can do things we don't expect.

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