Can we experience $80k this year? - page 3.

Quidat

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Quote from: karabiber on June 16, 2023, 06:05:59 PM

Quote from: Fredomago on June 13, 2023, 07:08:53 AM

Quote from: Joshapat on June 12, 2023, 09:40:14 AM

Looking at the current market situation it seems that the price of $ 80k will be difficult to achieve this year, the number of FUDs and negative issues about crypto makes many investors panic so that it creates pressure on the market, we can see that the price of bitcoin has continued to decline since it reached its highest price in last march.

That affects the market, with fuds and those weak holders who are selling their holdings, even it attempts to move up still the pressure to dump down continue to pull the price back, it's a tough one to see whether the price will pump up to that price, but we know that there's always surprises and and we might see a quick spark and start the massive pump or the other side around.

It's your own understanding that might let you pick whether to keep buying and holding and wait for the price to pump high.

Before moving on to current Bitcoin price predictions it is necessary to look at the performance of Bitcoin price in the last year. After the ATH around $69k in November 2021, Bitcoin which had a continuous decline, was again traded at levels below $ 20k as a result of the FTX crisis. After the last year of declines, Bitcoin price is trading below significant levels. Visiting $15k at the end of 2022. Bitcoin price showed a remarkable recovery at the beginning of 2023 but could not go beyond the $30k region.

Actually the main issue when the bear market will end and when the bottom level will be seen. As the bottom level, 12k dollars can be in the 13k dollars region. Of course that's a guess. It is necessary to evaluate this decline in Bitcoin and the bear market together with macroeconomic conditions in general. Inflation, Fed rate hikes, Russia-Ukraine war and other factors. The improvement of these factors will also have a positive effect on the Bitcoin price. I think that a remarkable rally in Bitcoin will start with the 2024 halving. $80k levels in 2023 could be a miracle for Bitcoin.

Talking about price movement generally then this is something that we can really say that its never been predictable in the first place. Trying to look about the waves of this market on which it does really move on random ways. We could make out some technical analysis and same goes with fundamentals but still the price moves on the opposite side of things on which it would really be just that normal that lots of people or investors would really be liquidated specially to those who do made out whether short or long positions.

$80k for this year? Come to mind that we do even have a hard time on breaking that 30k barrier. Come to mind about how about breaking 40k or even 50k?
This isnt something that we could be able to break those ceilings so easily. We would really be needing that sentiment which would really be that on extreme bullish manner before
we could be able to attain these numbers.

karabiber

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Quote from: Fredomago on June 13, 2023, 07:08:53 AM

Quote from: Joshapat on June 12, 2023, 09:40:14 AM

Looking at the current market situation it seems that the price of $ 80k will be difficult to achieve this year, the number of FUDs and negative issues about crypto makes many investors panic so that it creates pressure on the market, we can see that the price of bitcoin has continued to decline since it reached its highest price in last march.

That affects the market, with fuds and those weak holders who are selling their holdings, even it attempts to move up still the pressure to dump down continue to pull the price back, it's a tough one to see whether the price will pump up to that price, but we know that there's always surprises and and we might see a quick spark and start the massive pump or the other side around.

It's your own understanding that might let you pick whether to keep buying and holding and wait for the price to pump high.

Before moving on to current Bitcoin price predictions it is necessary to look at the performance of Bitcoin price in the last year. After the ATH around $69k in November 2021, Bitcoin which had a continuous decline, was again traded at levels below $ 20k as a result of the FTX crisis. After the last year of declines, Bitcoin price is trading below significant levels. Visiting $15k at the end of 2022. Bitcoin price showed a remarkable recovery at the beginning of 2023 but could not go beyond the $30k region.

Actually the main issue when the bear market will end and when the bottom level will be seen. As the bottom level, 12k dollars can be in the 13k dollars region. Of course that's a guess. It is necessary to evaluate this decline in Bitcoin and the bear market together with macroeconomic conditions in general. Inflation, Fed rate hikes, Russia-Ukraine war and other factors. The improvement of these factors will also have a positive effect on the Bitcoin price. I think that a remarkable rally in Bitcoin will start with the 2024 halving. $80k levels in 2023 could be a miracle for Bitcoin.

Minor Miner

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Quote from: Kadal Ijo on June 15, 2023, 02:09:14 AM

Current market conditions are red again almost 4%, I don't think bitcoin will continue to fall, this makes hopes that this year will recover must be delayed, looking at the current market situation it seems very difficult to reach $ 80k this year, maybe a big increase will occur in 2024 when the halving day approaches.

If you check the market right now, you'll see bitcoin just fell off the $25k resistance, and many are predicting that if bitcoin breaks through that resistance, things will most likely go bad. I don't know what's going to happen next, but thinking about $80k this year, I don't think it's going to happen, and I also believe it can. The market is perfect for me right now, bitcoin drop is good news for those who haven't bought bitcoin yet, this is an opportunity to own bitcoin.

flyingcarpet

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Quote from: Kadal Ijo on June 15, 2023, 02:09:14 AM

Current market conditions are red again almost 4%, I don't think bitcoin will continue to fall, this makes hopes that this year will recover must be delayed, looking at the current market situation it seems very difficult to reach $ 80k this year, maybe a big increase will occur in 2024 when the halving day approaches.

80k is very ambitious. I don't think it will come to this price for this year, but I think it will come to these prices in a very short time, close to halving or just after. If it does not come, we wait for a maximum of 1 year and it even exceeds 80k. This is my guess and it may not be correct. I make my own investment by estimating these times. Crypto always involves risk, so plan not for the price it will reach, but for how long you can wait if it doesn't reach the price you expect.

Kadal Ijo

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Current market conditions are red again almost 4%, I don't think bitcoin will continue to fall, this makes hopes that this year will recover must be delayed, looking at the current market situation it seems very difficult to reach $ 80k this year, maybe a big increase will occur in 2024 when the halving day approaches.

Fredomago

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Quote from: Joshapat on June 12, 2023, 09:40:14 AM

Looking at the current market situation it seems that the price of $ 80k will be difficult to achieve this year, the number of FUDs and negative issues about crypto makes many investors panic so that it creates pressure on the market, we can see that the price of bitcoin has continued to decline since it reached its highest price in last march.

That affects the market, with fuds and those weak holders who are selling their holdings, even it attempts to move up still the pressure to dump down continue to pull the price back, it's a tough one to see whether the price will pump up to that price, but we know that there's always surprises and and we might see a quick spark and start the massive pump or the other side around.

It's your own understanding that might let you pick whether to keep buying and holding and wait for the price to pump high.

Dave1

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Quote from: EdenHazard on June 12, 2023, 06:52:59 PM

Quote from: OgNasty on June 12, 2023, 05:07:12 PM

Quote from: Smitty Werben Man Jensen on June 12, 2023, 03:15:22 PM

$ 80k is very high for this year and I believe more for this year to $ 50k because it is still realistic for me,
$ 80k is a reached a new all time high and a new all time high for Bitcoin usually it will be reached when the halving is finished,
while this year Bitcoin haven't done it yet and will do so in 2024, so it could be 2024 or 2025 Bitcoin reaches a new all time high.

Even $50K seems high to me given all the headwinds we’re facing. I think we’re likely to sit around $40K at the end of the year as we head into the halving. Once that is behind us, I think the market will see that the price is getting ready for another bubble and that’s when the FOMO will begin and things will get interesting.

Well even some says $300k within 24 months awaits!

We might hit by several huge negative sentiment in the last few months and probably will continue till the end of the year falling to below $10k even worse. One thing that bitcoin believer have to notice is that if you guys zooming out the charts and stick to the long bull run journey .. $80k is very much makes sense due the halving and high demands increasing year after year .. the popularity and the adoption getting spread wider and wider. $80k-$100k to achieve within 12 months now , i voted for that.

But the OP is looking at $80k before the bull run? so I doubt that it will happen as you have said we have a lot of negative sentiments right now and we don't know if there will be another black swan even this year.

As for the bull run, yeah, $300k might be huge for us and of course we want to see that price. But realistically, I would just say that $150k-$180k might be a good range to predict. And we are less than a year for the bitcoin halving, so I guess we should just prepared and look for the best in the future, whatever the price will be.

EdenHazard

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Quote from: OgNasty on June 12, 2023, 05:07:12 PM

Quote from: Smitty Werben Man Jensen on June 12, 2023, 03:15:22 PM

$ 80k is very high for this year and I believe more for this year to $ 50k because it is still realistic for me,
$ 80k is a reached a new all time high and a new all time high for Bitcoin usually it will be reached when the halving is finished,
while this year Bitcoin haven't done it yet and will do so in 2024, so it could be 2024 or 2025 Bitcoin reaches a new all time high.

Even $50K seems high to me given all the headwinds we’re facing. I think we’re likely to sit around $40K at the end of the year as we head into the halving. Once that is behind us, I think the market will see that the price is getting ready for another bubble and that’s when the FOMO will begin and things will get interesting.

Well even some says $300k within 24 months awaits!

We might hit by several huge negative sentiment in the last few months and probably will continue till the end of the year falling to below $10k even worse. One thing that bitcoin believer have to notice is that if you guys zooming out the charts and stick to the long bull run journey .. $80k is very much makes sense due the halving and high demands increasing year after year .. the popularity and the adoption getting spread wider and wider. $80k-$100k to achieve within 12 months now , i voted for that.

milewilda

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Quote from: OgNasty on June 12, 2023, 05:07:12 PM

Quote from: Smitty Werben Man Jensen on June 12, 2023, 03:15:22 PM

$ 80k is very high for this year and I believe more for this year to $ 50k because it is still realistic for me,
$ 80k is a reached a new all time high and a new all time high for Bitcoin usually it will be reached when the halving is finished,
while this year Bitcoin haven't done it yet and will do so in 2024, so it could be 2024 or 2025 Bitcoin reaches a new all time high.

Even $50K seems high to me given all the headwinds we’re facing. I think we’re likely to sit around $40K at the end of the year as we head into the halving. Once that is behind us, I think the market will see that the price is getting ready for another bubble and that’s when the FOMO will begin and things will get interesting.

All the issues and other economical events on which it is really hard to tell on even reaching out $40k for this year alone. This is why its better not to make yourself that mindful that much when it comes to price
because know that things could turn upside down in a short time as possible and we know that this is how this market behaves. This is why having that speculative approach would really be just that right for a speculative market. Dont make yourself on being that conclusive or making up some fix price on a certain period because the market is something that we cant really be able to predict on where it would be going.
So it is really just that right that we could really make out some assumptions but dont make yourself stick into it. We might be able to hit up 80k or not, theres no person on this world would be able to know
on what the future lies ahead. On all of the current issues and economic issues that we do have now, its really hard to tell on what would really gonna happen. So better take up your position according
into your own risk taking.

OgNasty

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Quote from: Smitty Werben Man Jensen on June 12, 2023, 03:15:22 PM

$ 80k is very high for this year and I believe more for this year to $ 50k because it is still realistic for me,
$ 80k is a reached a new all time high and a new all time high for Bitcoin usually it will be reached when the halving is finished,
while this year Bitcoin haven't done it yet and will do so in 2024, so it could be 2024 or 2025 Bitcoin reaches a new all time high.

Even $50K seems high to me given all the headwinds we’re facing. I think we’re likely to sit around $40K at the end of the year as we head into the halving. Once that is behind us, I think the market will see that the price is getting ready for another bubble and that’s when the FOMO will begin and things will get interesting.

Smitty Werben Man Jensen

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$ 80k is very high for this year and I believe more for this year to $ 50k because it is still realistic for me,
$ 80k is a reached a new all time high and a new all time high for Bitcoin usually it will be reached when the halving is finished,
while this year Bitcoin haven't done it yet and will do so in 2024, so it could be 2024 or 2025 Bitcoin reaches a new all time high.

YLYASINYL88

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Absolutely, this might be just some market manipulations done by big whales. But what I can see is that currently Bitcoins are at 25,824$. It has fell down in price if we compare to last week. But this doesn’t mean that Bitcoins will completely collapse now. As we know before any big rise, there is a small setback or fall. So this might be the same. Moreover if we see the OP’s doubt, then let me make clear that, the price majorly increases when the demand of the coin increases. So more demand will ultimately lead the price to rise up. So anything is possible to be honest.

Joshapat

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Looking at the current market situation it seems that the price of $ 80k will be difficult to achieve this year, the number of FUDs and negative issues about crypto makes many investors panic so that it creates pressure on the market, we can see that the price of bitcoin has continued to decline since it reached its highest price in last march.

Mario Yamasaki

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Of course the price of $ 80K will occur slowly, maybe in a day there will be a surprise can increase 20% but usually the next week will go down again 15%, although later it can continue to rise but it takes at least 4 or 5 months to reach the price of $ 80 from the price position when This, I'm still optimistic that Bull Run can occur in the present year.

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Quote from: Smitty Werben Man Jensen on June 07, 2023, 07:04:53 AM

$80k is too high for this year because at the moment the situation is still very bearish,
moreover the Bitcoin price has not broken through its strong resistance at $30k so it will be difficult to reach a new year,
but if Bitcoin in Q3 can hold on to $50k then let's talk about $80k this year.

a reasonable prediction, because at this time there has not been seen an overall recovery, both in the world economic sector which will always affect the development of crypto. I think Q3 will determine the direction to be able to predict at the end of the year what price Bitcoin will be at, because if there is a correction then this year it will not be able to reach $ 50K, but there is no need to be overly afraid of this incident, it is normal, because in the year The next one has entered the era of the halving period which will be accompanied by a continuous increase.

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

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.

What's the point of investing in a stablecoin when you invest hundred thousand dollars today and what you expect to find after 10years will still be the same hundred thousand dollars..clearly no point of going with stablecoins unless you want to protect your money from recessions and inflation.

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

Are you sure investors will experience $80 this year?

Did you mean $80k ??

Well at the moment nothing is exciting to make price go up, and with SEC also adding their Shenanigans to the market.. I really dont see price even going anywhere near $50k unless whatever SEC is trying to do backfires and work's in favor of BTC.

But I think the big year should be the year of halving thats when we shall see some real movement!

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Quote from: Moshi Moshi on June 04, 2023, 12:34:07 PM

nothing is impossible in 2023 it's still not over and who knows good news from China can bring the Bitcoin price to $80k this year,
and in 2024 Bitcoin to reach $150k, surprises will always come in the world of crypto currency mate, believe me.

That's a very high hope you have right there and an unachievable price prediction in a short time. That's what I see. We all believe Bitcoin price can be surprising most times, considering the strong resistance it does have these days regarding some kind of bad news that usually breaks the market down and has now turned into something normal that doesn't affect the market for so long again. But even though $80k in 6 months is actually a lot for me to take in right now, the current price is below $30k, which makes it above 100% price difference to $60k. I hope you know that Bitcoin is not some kind of altcoin that the developer can wake up one morning and decide to pump by 100–1000%. Bitcoin is now making a gradual price movement. $35–40k, to me, is achievable before the end of the year.

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Quote from: barisbilgili on June 07, 2023, 11:18:16 AM

Quote from: Lantind on June 06, 2023, 06:53:14 PM

Quote from: CapGelatik on June 02, 2023, 12:13:45 PM

take it calm and enjoy this bearish time by buying Bitcoin at a cheap price and hold it for the next 1 year,
if Bitcoin reaches $ 80k then you will be rich,
don't think about bitcoin in the future because if you think you can go crazy if it doesn't fit your expectations.

Actually the $80k figure has broken through a new ATH in Bitcoin's journey so far, and $80k is a big target, if you expect it in this year I don't think it will be easy to happen, unless the market continues to move on an increasing green line and from now on they are back at over $30k first at least. and maybe to enjoy the present moment is seasoned with buying or doing DCA in the market.

Bitcoin price movement so far this year has not occurred with a significant increase even quite proportional between the increase and also the correction that has occurred so I also think it is almost impossible that we will see a price of $ 80k, that is too high but not impossible, I believe it will happen but not in this year maybe in the next few years.
for this year i think Bitcoin price will move steadily and won't be far from $30k price.

For now, we are really that minding about breaking that 30k price barrier or resistance and later on we would really be minding about 40k and further on or simply with +10k increments overtime but just as said that this

wont really be that so simple because if we do really look around on which there are lots of issues and economical events and situations on which it do really make out some effect on entire crypto space, which does
simply means that it is really that hard to tell and hard to know on where it would be going in future years to come. Talking alone for this year then it would really be that impossible on reaching 80k or breaking its
previous ATH.If we do tend to look around on what most people been saying is that, these events or things could happen on bull run time but for now on which the market is really that lots of fundamentals
happening around, then it is really that hard to tell and assump out that it wouldnt really be that easy to reach out that point.

barisbilgili

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Quote from: Lantind on June 06, 2023, 06:53:14 PM

Quote from: CapGelatik on June 02, 2023, 12:13:45 PM

take it calm and enjoy this bearish time by buying Bitcoin at a cheap price and hold it for the next 1 year,
if Bitcoin reaches $ 80k then you will be rich,
don't think about bitcoin in the future because if you think you can go crazy if it doesn't fit your expectations.

Actually the $80k figure has broken through a new ATH in Bitcoin's journey so far, and $80k is a big target, if you expect it in this year I don't think it will be easy to happen, unless the market continues to move on an increasing green line and from now on they are back at over $30k first at least. and maybe to enjoy the present moment is seasoned with buying or doing DCA in the market.

Bitcoin price movement so far this year has not occurred with a significant increase even quite proportional between the increase and also the correction that has occurred so I also think it is almost impossible that we will see a price of $ 80k, that is too high but not impossible, I believe it will happen but not in this year maybe in the next few years.
for this year i think Bitcoin price will move steadily and won't be far from $30k price.

Smitty Werben Man Jensen

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Quote from: Lantind on June 06, 2023, 06:53:14 PM

Quote from: CapGelatik on June 02, 2023, 12:13:45 PM

take it calm and enjoy this bearish time by buying Bitcoin at a cheap price and hold it for the next 1 year,
if Bitcoin reaches $ 80k then you will be rich,
don't think about bitcoin in the future because if you think you can go crazy if it doesn't fit your expectations.

Actually the $80k figure has broken through a new ATH in Bitcoin's journey so far, and $80k is a big target, if you expect it in this year I don't think it will be easy to happen, unless the market continues to move on an increasing green line and from now on they are back at over $30k first at least. and maybe to enjoy the present moment is seasoned with buying or doing DCA in the market.

$80k is too high for this year because at the moment the situation is still very bearish,
moreover the Bitcoin price has not broken through its strong resistance at $30k so it will be difficult to reach a new year,
but if Bitcoin in Q3 can hold on to $50k then let's talk about $80k this year.

Topic: Can we experience $80k this year? - page 3. (Read 2360 times)