Can we experience $80k this year? - page 6.

flyingcarpet

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Quote from: shinratensei_ on May 14, 2023, 07:19:38 PM

Quote from: 19Nov16 on May 14, 2023, 02:37:15 AM

We are almost halfway through this year, when in March the price could touch $ 30k and make me optimistic that this year the market will rise and be able to make new ATH again, unfortunately there has been a correction for almost 2 months and there is a chance to continue to fall, if in May the price goes down again under $20k then it's very difficult to reach $80k this year.

well no one knows for sure about what future holds but it seems we're just in series of small correction for the sake of accumulating.
I don't believe that bearish will be prolonged somehow and having some gap between rallies is very common actually if you remember the past bullish, but what i'm worried is the maybe we've already running out the shock effect of the cryptocurrency, you see previous bullruns always getting accompanied with something, like institutional investors jumping in to the trend of investing in cryptocurrency and many more. this time around it will be different.
hopefully though the bullruns will still come regardless since we've already tired of the current massive corrections.

Bitcoin, which has been on the same line for a long time, has prepared a solid ground for itself. Despite this good situation, I don't think Bitcoin can exceed 80k. It will continue this year. My prediction is in this direction and it is progressing as I expected since the beginning of the year. Of course, all this is just guesswork, and my guess may not come true. It may take a while for these corrections to end, and then the bull run begins and we can reach higher than ever before.

AnonBitCoiner

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rices regularly changes so we are not able to find out the price with confidence without any mistakes. I think bitcoin will occupy more successful space in crypto market in near future because of its unique future.

The price is now down do may be in the remaining months it will be more appreciative than the previous one because of its highest instability in worth. I think it will cross 40k$ in those months which are here to continue our hopes to establish and in coming year it will surely goes up than 50k$.

These all information is just a prediction because prediction is free of cost so everyone can give prediction and suggestions to others but we will see it in future about the accuracy.

shinratensei_

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Quote from: 19Nov16 on May 14, 2023, 02:37:15 AM

We are almost halfway through this year, when in March the price could touch $ 30k and make me optimistic that this year the market will rise and be able to make new ATH again, unfortunately there has been a correction for almost 2 months and there is a chance to continue to fall, if in May the price goes down again under $20k then it's very difficult to reach $80k this year.

well no one knows for sure about what future holds but it seems we're just in series of small correction for the sake of accumulating.
I don't believe that bearish will be prolonged somehow and having some gap between rallies is very common actually if you remember the past bullish, but what i'm worried is the maybe we've already running out the shock effect of the cryptocurrency, you see previous bullruns always getting accompanied with something, like institutional investors jumping in to the trend of investing in cryptocurrency and many more. this time around it will be different.
hopefully though the bullruns will still come regardless since we've already tired of the current massive corrections.

Wend

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Quote from: fzkto on May 14, 2023, 07:43:00 AM

Quote from: 19Nov16 on May 14, 2023, 02:37:15 AM

We are almost halfway through this year, when in March the price could touch $ 30k and make me optimistic that this year the market will rise and be able to make new ATH again, unfortunately there has been a correction for almost 2 months and there is a chance to continue to fall, if in May the price goes down again under $20k then it's very difficult to reach $80k this year.

It is impossible to reach a new ATH a year before halving. It usually happens one year after halving. If these four-year cycles are not broken, the new ATH and 80k can be in 2025. The main thing about this year is not to hit a new bottom, because it has been rising for four months in a row, which is a lot and now it might start falling rather than correcting.

Even ignoring history, halving... I don't believe Bitcoin can hit ATH this year. Just by looking at the world economic situation, we can see the difficulties we face. All financial markets are in the doldrums, so there is no way bitcoin can recover and hit new ATHs. Bitcoin is also part of the world economy, and it also depends entirely on the health of the economy, only when the economy starts to recover can a new bull run be expected.

fzkto

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Quote from: 19Nov16 on May 14, 2023, 02:37:15 AM

We are almost halfway through this year, when in March the price could touch $ 30k and make me optimistic that this year the market will rise and be able to make new ATH again, unfortunately there has been a correction for almost 2 months and there is a chance to continue to fall, if in May the price goes down again under $20k then it's very difficult to reach $80k this year.

It is impossible to reach a new ATH a year before halving. It usually happens one year after halving. If these four-year cycles are not broken, the new ATH and 80k can be in 2025. The main thing about this year is not to hit a new bottom, because it has been rising for four months in a row, which is a lot and now it might start falling rather than correcting.

DanWalker

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Quote from: Fatunad on May 11, 2023, 05:56:27 PM

Quote from: Fredomago on May 06, 2023, 12:30:55 AM

Quote from: yohananaomi on May 05, 2023, 01:38:30 AM

Quote from: aksplace on April 28, 2023, 03:20:55 PM

Quote from: kawetsriyanto on April 28, 2023, 02:48:03 PM

Why do you think it is easy to reach $80k? The current price is around $29k, it is still quite far from $80k, isn't it? We are already in Q2 of this year, the current price is even not half of $80k. I don't think it is easy to reach $80k, we only may reach the optimum price of around $40k - $50k during this year. Sure, the price seems to keep increasing gradually but achieving $80 is unlikely to happen easily this year. It will be more realistic to achieve in 2024 - 2025, after the BTC halving happens.

We don't need to think about new ATH in current market conditions, but the market price of half of previous ATH is pretty good from a significant recovery pattern this year, Q2 period is very likely to reach $ 40k price as current price is very close to the highest recovery price ever achieved in the last few months, so Q2 has been the focus of the market can get above $ 35k and hopefully there is no correction high on the next move so $ 40k will be easy to reach in the middle of Q2.

It seems you are right, there will be no new ATH this year where the market situation is really not good and hasn't even improved much, just a surprise at first. It must also be remembered that there is no sign that the world economy is heading for a significant improvement yet, so it will affect the progress of bitcoin.
but it's great hope that there are no surprises until it has to be corrected back in last year, same with you I hope Q2 there is a fix to end the year at $ 50K, wait until next year which starts to enter the halving period.

With how the whole economy is moving, it's tough to say that we will be able to get something that will push the price to a new high, for now the current action is on how both investors and traders are working around the market, there's no sign that a big strong bull run will show up and bring the value up.

Though we all know that the incoming halving always brings good effects in terms of the value, we should invest using the amount that we are willing to hold for a much longer time frame.

Breaking that All-Time-High of 69k would never been simple or something that could happen on pre-halving months because usually we do see new numbers after or post-halving season which it would be still not an assurance whether it would be happening for this cycle or not. This is why its better not to make yourself that too hopeful or anticipating because if it wont happen then it would really be a huge disappointment and
being annoyed on what happened or having that discouragement. Be wary and be prepared as always because it might be able to increase its price in the past but doesnt mean that it would be automatically happens in the future. No one really knows on what comes next but one things for sure is that on the time that it would really be increasing out its recognition and adoption then things would really happen along the way.
Lets just not talk in advance about numbers and being that conclusive because there's no way that we could be able to tell on how far it would stretched out. We know that it would really be basing
or would really be depending into some important factors along the way.

I'm sure the people hoping for bitcoin to hit $80k or a new ATH this year have never looked back at the history of bitcoin. Otherwise, they would never have made such a vague prediction because the halving is still more than a year away from us. I agree that the surprise can also happen with bitcoin, but if our expectations are too high, and it doesn't happen as expected. We will be very disappointed and easily fall into panic and make the wrong decisions. The market does not move according to our thinking, we need to be realistic when investing.

19Nov16

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We are almost halfway through this year, when in March the price could touch $ 30k and make me optimistic that this year the market will rise and be able to make new ATH again, unfortunately there has been a correction for almost 2 months and there is a chance to continue to fall, if in May the price goes down again under $20k then it's very difficult to reach $80k this year.

Bitcoin2009

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Seeing the slow movement since March, I'm pessimistic whether the price can reach $ 80k, when there is a slight increase, many sell immediately and can't wait longer, this is because they feel they are getting profits and predict that the market will red again.

Fatunad

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Quote from: Fredomago on May 06, 2023, 12:30:55 AM

Quote from: yohananaomi on May 05, 2023, 01:38:30 AM

Quote from: aksplace on April 28, 2023, 03:20:55 PM

Quote from: kawetsriyanto on April 28, 2023, 02:48:03 PM

Why do you think it is easy to reach $80k? The current price is around $29k, it is still quite far from $80k, isn't it? We are already in Q2 of this year, the current price is even not half of $80k. I don't think it is easy to reach $80k, we only may reach the optimum price of around $40k - $50k during this year. Sure, the price seems to keep increasing gradually but achieving $80 is unlikely to happen easily this year. It will be more realistic to achieve in 2024 - 2025, after the BTC halving happens.

We don't need to think about new ATH in current market conditions, but the market price of half of previous ATH is pretty good from a significant recovery pattern this year, Q2 period is very likely to reach $ 40k price as current price is very close to the highest recovery price ever achieved in the last few months, so Q2 has been the focus of the market can get above $ 35k and hopefully there is no correction high on the next move so $ 40k will be easy to reach in the middle of Q2.

It seems you are right, there will be no new ATH this year where the market situation is really not good and hasn't even improved much, just a surprise at first. It must also be remembered that there is no sign that the world economy is heading for a significant improvement yet, so it will affect the progress of bitcoin.
but it's great hope that there are no surprises until it has to be corrected back in last year, same with you I hope Q2 there is a fix to end the year at $ 50K, wait until next year which starts to enter the halving period.

With how the whole economy is moving, it's tough to say that we will be able to get something that will push the price to a new high, for now the current action is on how both investors and traders are working around the market, there's no sign that a big strong bull run will show up and bring the value up.

Though we all know that the incoming halving always brings good effects in terms of the value, we should invest using the amount that we are willing to hold for a much longer time frame.

Breaking that All-Time-High of 69k would never been simple or something that could happen on pre-halving months because usually we do see new numbers after or post-halving season which it would be still not an assurance whether it would be happening for this cycle or not. This is why its better not to make yourself that too hopeful or anticipating because if it wont happen then it would really be a huge disappointment and
being annoyed on what happened or having that discouragement. Be wary and be prepared as always because it might be able to increase its price in the past but doesnt mean that it would be automatically happens in the future. No one really knows on what comes next but one things for sure is that on the time that it would really be increasing out its recognition and adoption then things would really happen along the way.
Lets just not talk in advance about numbers and being that conclusive because there's no way that we could be able to tell on how far it would stretched out. We know that it would really be basing
or would really be depending into some important factors along the way.

Zanab247

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There is no doubt that in 2023 the market will rise and make me not sell bitcoin, now the price is safely at $ 30k, I believe the price will reach $ 35k before April 20th. Let's continue to buy so that we can get big profits to make up for losses in 2022.

Yes, those investors that will continue holding their BTC will surely experience $80k because the price of BTC is trying to return back to $30k before it will start pumping in a way it will lead people to their expectations this year. I know that many people are waiting for the price to reach $70k or $80k before they will start thinking how to visit the market because, every long holder want to feel big profits when the price increase higher. Just keep holding your BTC, so that you will not regret when the price hit $80 before the end of December which is the best month many people use to purchase Christmas and new year things.

Semar Mesem

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Until now I'm still optimistic that this year's price can set a new price record, but whether this year's record price is $ 70k, $ 80k or even $ 100k, of course, a difficult thing, as long as there is no big case like FTX then the price will continue to rise even though sometimes there is also a correction like now.

Fredomago

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Quote from: yohananaomi on May 05, 2023, 01:38:30 AM

Quote from: aksplace on April 28, 2023, 03:20:55 PM

Quote from: kawetsriyanto on April 28, 2023, 02:48:03 PM

Why do you think it is easy to reach $80k? The current price is around $29k, it is still quite far from $80k, isn't it? We are already in Q2 of this year, the current price is even not half of $80k. I don't think it is easy to reach $80k, we only may reach the optimum price of around $40k - $50k during this year. Sure, the price seems to keep increasing gradually but achieving $80 is unlikely to happen easily this year. It will be more realistic to achieve in 2024 - 2025, after the BTC halving happens.

We don't need to think about new ATH in current market conditions, but the market price of half of previous ATH is pretty good from a significant recovery pattern this year, Q2 period is very likely to reach $ 40k price as current price is very close to the highest recovery price ever achieved in the last few months, so Q2 has been the focus of the market can get above $ 35k and hopefully there is no correction high on the next move so $ 40k will be easy to reach in the middle of Q2.

It seems you are right, there will be no new ATH this year where the market situation is really not good and hasn't even improved much, just a surprise at first. It must also be remembered that there is no sign that the world economy is heading for a significant improvement yet, so it will affect the progress of bitcoin.
but it's great hope that there are no surprises until it has to be corrected back in last year, same with you I hope Q2 there is a fix to end the year at $ 50K, wait until next year which starts to enter the halving period.

With how the whole economy is moving, it's tough to say that we will be able to get something that will push the price to a new high, for now the current action is on how both investors and traders are working around the market, there's no sign that a big strong bull run will show up and bring the value up.

Though we all know that the incoming halving always brings good effects in terms of the value, we should invest using the amount that we are willing to hold for a much longer time frame.

yohananaomi

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Quote from: aksplace on April 28, 2023, 03:20:55 PM

Quote from: kawetsriyanto on April 28, 2023, 02:48:03 PM

Why do you think it is easy to reach $80k? The current price is around $29k, it is still quite far from $80k, isn't it? We are already in Q2 of this year, the current price is even not half of $80k. I don't think it is easy to reach $80k, we only may reach the optimum price of around $40k - $50k during this year. Sure, the price seems to keep increasing gradually but achieving $80 is unlikely to happen easily this year. It will be more realistic to achieve in 2024 - 2025, after the BTC halving happens.

We don't need to think about new ATH in current market conditions, but the market price of half of previous ATH is pretty good from a significant recovery pattern this year, Q2 period is very likely to reach $ 40k price as current price is very close to the highest recovery price ever achieved in the last few months, so Q2 has been the focus of the market can get above $ 35k and hopefully there is no correction high on the next move so $ 40k will be easy to reach in the middle of Q2.

It seems you are right, there will be no new ATH this year where the market situation is really not good and hasn't even improved much, just a surprise at first. It must also be remembered that there is no sign that the world economy is heading for a significant improvement yet, so it will affect the progress of bitcoin.
but it's great hope that there are no surprises until it has to be corrected back in last year, same with you I hope Q2 there is a fix to end the year at $ 50K, wait until next year which starts to enter the halving period.

lixer

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Quote from: aksplace on April 28, 2023, 03:20:55 PM

We don't need to think about new ATH in current market conditions, but the market price of half of previous ATH is pretty good from a significant recovery pattern this year

Why not? Thinking about ATH can boost someone's mood. Instead of being negative because of the market conditions, why not find something that can motivate you? This should help them to buy more coins instead of worrying and selling. There are no real benefits of doing that, just pure losses. Sure they can have some money on their hands but that won't last long. They will spend it in useless things and will regret or be jealous once they saw others are now rich by the time the new ATH arrived.

Quote from: aksplace on April 28, 2023, 03:20:55 PM

Q2 period is very likely to reach $ 40k price as current price is very close to the highest recovery price ever achieved in the last few months, so Q2 has been the focus of the market can get above $ 35k and hopefully there is no correction high on the next move so $ 40k will be easy to reach in the middle of Q2.

See? You are also positive that BTC will improve in the upcoming new quarter. By the time it hit $40k, you will then name another price. That isn't far from $80k anymore.

Ojima-ojo

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Even though bitcoin started the year on a positive note, that doesn'I mean we will end the year with oosive market outlooks since we must have to pass through a lot of market and price changes before the end of the year, Bitcoinis a highly volatile asset and it price could be influenced by a number of factors, but then anticipating 80k price may be a little bit to high since 2023 is not Bitcoin halving year.

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 $22ka few days ago, which is another opportunity for those that missed last year not to invest instable coinss 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?

Bitcoin may not touch below 20k again all through the year, but in between we may see more price volatility that can force the price to pull down a little giving investors a discount to buy at regular intervals just like the last week when we see the price dive below 28k-27k twice before correcting back again, all that are both opportunities to cash in on the market volatilities.

aksplace

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Quote from: kawetsriyanto on April 28, 2023, 02:48:03 PM

Why do you think it is easy to reach $80k? The current price is around $29k, it is still quite far from $80k, isn't it? We are already in Q2 of this year, the current price is even not half of $80k. I don't think it is easy to reach $80k, we only may reach the optimum price of around $40k - $50k during this year. Sure, the price seems to keep increasing gradually but achieving $80 is unlikely to happen easily this year. It will be more realistic to achieve in 2024 - 2025, after the BTC halving happens.

We don't need to think about new ATH in current market conditions, but the market price of half of previous ATH is pretty good from a significant recovery pattern this year, Q2 period is very likely to reach $ 40k price as current price is very close to the highest recovery price ever achieved in the last few months, so Q2 has been the focus of the market can get above $ 35k and hopefully there is no correction high on the next move so $ 40k will be easy to reach in the middle of Q2.

kawetsriyanto

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Quote from: Wong Gendheng on April 15, 2023, 11:41:23 AM

Of course, if you look at the current market conditions the opportunity to reach $ 80K is easy to achieve, I'm sure this year the market will rise, as evidenced by the increasing volume of daily transactions and prices slowly continue to rise even with a small percentage.

Why do you think it is easy to reach $80k? The current price is around $29k, it is still quite far from $80k, isn't it? We are already in Q2 of this year, the current price is even not half of $80k. I don't think it is easy to reach $80k, we only may reach the optimum price of around $40k - $50k during this year. Sure, the price seems to keep increasing gradually but achieving $80 is unlikely to happen easily this year. It will be more realistic to achieve in 2024 - 2025, after the BTC halving happens.

fzkto

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Quote from: AnonBitCoiner on April 28, 2023, 01:29:33 PM

Reaching from 20k to 24k$ is not difficult but reaching towards 80k$ is very high value and I think its not possible to directly achieve the mentioned value. Bitcoin can reach towards higher value but when it's unknown and we should buy bitcoin with the hope of its boosting cost in future.

I think in bitcoin investment one cannot missed the opportunity to buy it because it attain higher costs year by year so we should not think about past but we should use our active mind and brilliant thoughts for future goals. If price enhances from 20k to 24k$ so there's not evidence that it will not come back to the lower price and surely there will be large number of ups and downs because the so many months are still remaining in current year and we don't know about these months that what will happen.

For bitcoin, it is not hard to do 3X in a year or even half a year. You just need to understand what it is in a year. For example, it is definitely not possible now, because next year there will be a halving. So I am sure that in 2025 reaching 80K will be easy. But this year 40-50K would be the high, if statistics and previous cycles are to be believed.

AnonBitCoiner

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Reaching from 20k to 24k$ is not difficult but reaching towards 80k$ is very high value and I think its not possible to directly achieve the mentioned value. Bitcoin can reach towards higher value but when it's unknown and we should buy bitcoin with the hope of its boosting cost in future.

I think in bitcoin investment one cannot missed the opportunity to buy it because it attain higher costs year by year so we should not think about past but we should use our active mind and brilliant thoughts for future goals. If price enhances from 20k to 24k$ so there's not evidence that it will not come back to the lower price and surely there will be large number of ups and downs because the so many months are still remaining in current year and we don't know about these months that what will happen.

Dr.Bitcoin_Strange

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I am seeing this thread late, but I still want to drop my speculation. Bitcoin has appreciated in price in the first quarter of this year, but that's not enough reason to believe it will do $80 this year. Although nothing is impossible in the Bitcoin market, any good news could just be released that could spike up the price of Bitcoin, but normally there is nothing yet that can push Bitcoin to your speculated price this year at OP. I think if the price goes up a bit, what we might just expirence this year is $40k or $50k.

Topic: Can we experience $80k this year? - page 6. (Read 2360 times)