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Topic: Can we experience $80k this year? - page 9. (Read 2474 times)

member
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March 28, 2023, 05:12:26 PM
It is likely that the price of BTC will increase this year. Even in this month Bitcoin price has increased up to $26k and fell back at $19k, after which it pumped back up to $27k. This suggests that investors are back on the market, just haven't had the right time to pump that high yet. But if we talk about BTC reaching $80k within this year, I doubt this.
Investors never leave the market in the first place and the reason for the current uptrend in the price of the Bitcoin market is the banking crisis that's not yet over and the reason for the downtrend is that the bearish market is not over. If the banking crisis continues Bitcoin may experience an $80K price this year.
STT
legendary
Activity: 4102
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March 28, 2023, 04:02:33 PM
yes, $80k is still relatively low when compared to ATH 2021

It should be compared to the 2019 peak, a mid term rise rather then a final price.  We wont get a ATH price this year because its too soon and lack momentum, years following is far more likely then now.    the halvening target I saw most recently for pace of gains towards the known block change will bring us to a block reward change in just one year.  So 2023 isnt too far off, it could be soon after but Im not thinking this summer or anything like that.
hero member
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March 28, 2023, 03:53:30 PM
With this massive pump few days ago, you still doubt if the price will reach $80 before the end of this year. Since the price has moved to $28 in this month of march show that investors will surely experience high price that will make them to start releasing BTC for sale soon because, the price will increase higher than this current price in the market. Based on what is happening in the cryptocurrency market made many long term investors to believed that they will sell their coins when the price of their satisfaction come before the end of this year which it will surely come any moment from next 5 months.
The time will truly come for everyone to sell their bitcoins and even I, I've got my plans to sell when I see the price go high. And $80k is just one of the targets of many and that's close to the $100k line that everyone is thinking. If we've got a DCA strategy in accumulation, there's also the DCA type of style in selling. So, if it hits $80k then it is no doubt that many will sell at that price before it reaches to $100k and because many don't want to miss that as how many have missed selling at the peak of $69k.
hero member
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March 28, 2023, 03:34:06 PM
Now looking at the general situation of the market reminds me of the time when the market also appeared new trends and was about to launch an airdrop of a leading project.
I think the next few days will be even more exciting, my long term price expectations for BTC I still think $80000 is still low and that won't be the time when I will take profits.
yes, $80k is still relatively low when compared to ATH 2021 which is $64k because in the next bullish phase the bitcoin price should be 2x - 3x from ATH 2021. not selling and taking profits at $80k is the right move because in the next bullish phase the price will go higher than $80k.

Everything takes time to achieve that target. Bitcoin has the potential to go much higher than the $80k target. But it won't happen overnight as the market will take its time to build its foundations. Those who have seen the last bull market will actually understand how the market reacts and how the bull market starts. So I think it will be difficult for Bitcoin to achieve such a big $80k target within this year.

We got surprised and taken by storm by Bitcoin in the past in both directions and nobody should be astonished about it at all. You can't predict prices in the world outside of cryptocurrencies and research has proven that over and over again. Some Monte Carlo simulations or random walks are driven by coincidence, but have one anchor, which is the point from where they start. That is only rational, nothing else.

Predicting Bitcoin prices doesn't make sense the shorter the time-frame gets. It makes more sense if you put some IFS into your price estimates/wild guesses. If no external event like a crisis of any kind happens, or if the next president is called this name and not that name, and if ... You can't know where Bitcoin is going unless you make it a condition that it is not going to be outpaced by another coin with better foundations/technology that the market deems superior.

The advantage Bitcoin has is the ecosystem and the community, which is part of the ecosystem. Because whatever new you bring to the table, you can't fork or copy the ecosystem or the community. It is there only once. You can fork the code, but nothing else.

Bitcoin is strong because it has a strong supporter base and it is the de facto reserve currency within the crypto space.

Coming up with numbers isn't expedient. I would agree if someone said "I believe that in the long-term Bitcoin's price is going to increase from where we are, don't ask me how much precisely, and I also don't know when and whether we are going to have crashes in between. Most certainly we will have a bit of everything, but a positive trend". Yes, that is a respectable statement that includes all uncertainties and an opinion. Does that make the person an expert? I think no, but I believe in Bitcoin, too, for a multitude of reasons.

The short answer to whether we can reach $80k is "yes, we can!". Can we reach $5k? I don't hope so, but the answer should be "yes, we can!".
hero member
Activity: 1876
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March 28, 2023, 01:12:02 PM
Now looking at the general situation of the market reminds me of the time when the market also appeared new trends and was about to launch an airdrop of a leading project.
I think the next few days will be even more exciting, my long term price expectations for BTC I still think $80000 is still low and that won't be the time when I will take profits.
yes, $80k is still relatively low when compared to ATH 2021 which is $64k because in the next bullish phase the bitcoin price should be 2x - 3x from ATH 2021. not selling and taking profits at $80k is the right move because in the next bullish phase the price will go higher than $80k.

Everything takes time to achieve that target. Bitcoin has the potential to go much higher than the $80k target. But it won't happen overnight as the market will take its time to build its foundations. Those who have seen the last bull market will actually understand how the market reacts and how the bull market starts. So I think it will be difficult for Bitcoin to achieve such a big $80k target within this year.
sr. member
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March 28, 2023, 12:47:46 PM
we cannot guarantee the price and we have no surety about the end of the year but 80k$ is very high price and I think that it will take time.
The market is fluctuated so anything can happen but we are unaware of the fact of future. Price can go up and it can also become lower anytime in a seconds.

Bitcoin price become higher each year because as we Compared the price of previous year so we can guess that price will enhance more than present worth in next year.

Price of bitcoin will definitely higher but its not possible that bitcoin will directly go higher from 27k$ to 80k$ as 80k$ is such a huge value and time will required to reach such value.
sr. member
Activity: 546
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March 28, 2023, 11:52:16 AM
Now looking at the general situation of the market reminds me of the time when the market also appeared new trends and was about to launch an airdrop of a leading project.
I think the next few days will be even more exciting, my long term price expectations for BTC I still think $80000 is still low and that won't be the time when I will take profits.
yes, $80k is still relatively low when compared to ATH 2021 which is $64k because in the next bullish phase the bitcoin price should be 2x - 3x from ATH 2021. not selling and taking profits at $80k is the right move because in the next bullish phase the price will go higher than $80k.
Indeed the year has started very positive towards the price of bitcoin and many investors are expecting so many things from this year courtesy to the price of bitcoin. Bitcoin has almost breached the 30k mark and many people will be looking forward to this rise but their is still a possibility that the price can still go sideways as a bitcoin is known as a volatile currency and another fact is that the proposed year for the next halving is 2024 due to stats gathered so it should not be any suprise if the price actually fluctuates.
sr. member
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March 28, 2023, 11:41:57 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.
Are you sure investors will experience $80 this year?
It is likely that the price of BTC will increase this year. Even in this month Bitcoin price has increased up to $26k and fell back at $19k, after which it pumped back up to $27k. This suggests that investors are back on the market, just haven't had the right time to pump that high yet. But if we talk about BTC reaching $80k within this year, I doubt this.
member
Activity: 199
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March 28, 2023, 11:23:37 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 it will happen next year after the halving happens. There is still no certainty. The idea that a bull market will occur is because of the previous fork where Bitcoin and other cryptocurrencies broke the ATH price in 2018 if I am not mistaken. But the idea is there. Even if there is no certainty, at least there is hype that can trigger demand and eventually reflect market prices.
full member
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March 28, 2023, 10:25:35 AM
Quote from: Newlifebtc
We cannot experience 80,000 DC because the market is not in order I can say that when we can experience the 18,000 is when we enter 2024 which is next year so where is on that I will advise people who want to enter to the market to investment and behold for long-time investment so that when the bull run arrive we can be able to make a profit nobody knows the nature of the market you can go up today and then come down tomorrow
With this massive pump few days ago, you still doubt if the price will reach $80 before the end of this year. Since the price has moved to $28 in this month of march show that investors will surely experience high price that will make them to start releasing BTC for sale soon because, the price will increase higher than this current price in the market. Based on what is happening in the cryptocurrency market made many long term investors to believed that they will sell their coins when the price of their satisfaction come before the end of this year which it will surely come any moment from next 5 months.
sr. member
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March 21, 2023, 04:51:49 PM
Are you sure investors will experience $80 this year?
Hopefully $80k hits the end of the year, but I'm personally not too sure if bitcoin can take that area this year as we're not in a fully bullish period yet so there's not enough impetus for bitcoin to go there let alone the remaining nine months looking at bitcoin's popularity increasing every year, it's not impossible that bitcoin in the future can get a value of $ 80k but we don't know when this will happen and maybe we will see that later after the bitcoin halving because after the halving event it is very likely that bitcoin will create a new ATH that exceeds the previous ATH price in the area $69k.
Just make yourself be aware and accept for whatever prices that we might be able to see for this year but realistically speaking about reaching $80k for this year wont really be that realistic or something
that would really be attainable on short time.

But surprisingly there some current hype as of this moment about on what Balaji had made out some bets about $1M/btc.
Bitcoin At $1 Million In 90 Days And Dollar Destroyed—Huge Crypto Price Prediction Bet Fueled By Bank Crisis And Hyperinflation
https://beincrypto.com/possibility-1-million-bitcoin-valuation-90-days/

Which we do know that this is unrealistic and its just 90 days. Impossible!
hero member
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March 21, 2023, 03:06:45 AM
We cannot experience 80,000 DC because the market is not in order I can say that when we can experience the 18,000 is when we enter 2024 which is next year so where is on that I will advise people who want to enter to the market to investment and behold for long-time investment so that when the bull run arrive we can be able to make a profit nobody knows the nature of the market you can go up today and then come down tomorrow

The price of $ 18,000 was seen by everyone who often entered the market at the beginning of this year or in January this year to be precise and you should advise this kind of thing to many people at that time, not when the price has increased like now where market conditions are only offset by a small correction only.

If you suggest this for the long term, of course those who bought Bitcoin at the beginning of this year still feel very victorious at the current price so that the long term they will pass at this time will not be so complicated because they can immediately take profits when they are tired of waiting for the price better than now.
sr. member
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March 21, 2023, 01:33:37 AM
Are you sure investors will experience $80 this year?
Hopefully $80k hits the end of the year, but I'm personally not too sure if bitcoin can take that area this year as we're not in a fully bullish period yet so there's not enough impetus for bitcoin to go there let alone the remaining nine months looking at bitcoin's popularity increasing every year, it's not impossible that bitcoin in the future can get a value of $ 80k but we don't know when this will happen and maybe we will see that later after the bitcoin halving because after the halving event it is very likely that bitcoin will create a new ATH that exceeds the previous ATH price in the area $69k.
if you look at what happened in the past what you said I don't doubt and I also have the same belief but to be able to reach a price of $ 80k this year I really won't believe in that even though at the beginning of this year the Bitcoin price movement continued increasing and this positive trend has occurred in recent weeks.
let's look realistically $80k is a very long way from what it is today.
sr. member
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March 20, 2023, 10:24:32 PM
Are you sure investors will experience $80 this year?
Hopefully $80k hits the end of the year, but I'm personally not too sure if bitcoin can take that area this year as we're not in a fully bullish period yet so there's not enough impetus for bitcoin to go there let alone the remaining nine months looking at bitcoin's popularity increasing every year, it's not impossible that bitcoin in the future can get a value of $ 80k but we don't know when this will happen and maybe we will see that later after the bitcoin halving because after the halving event it is very likely that bitcoin will create a new ATH that exceeds the previous ATH price in the area $69k.
member
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March 20, 2023, 05:46:38 PM
We cannot experience 80,000 DC because the market is not in order I can say that when we can experience the 18,000 is when we enter 2024 which is next year so where is on that I will advise people who want to enter to the market to investment and behold for long-time investment so that when the bull run arrive we can be able to make a profit nobody knows the nature of the market you can go up today and then come down tomorrow
hero member
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March 20, 2023, 10:25:14 AM
I wonder why people think bitcoin can get pumped up in a big way this year, when the world is in a global crisis and the preconditions for growth are almost non-existent. I even think it might not be the usual after the halving, because the crisis could get even bigger. All in all I hope that next year another four year growth cycle will happen, but I would not be surprised if it does not work out.
I think $80k this year is an overly pushy idea especially regarding price speculation. I don't get a reason why $80k can hit this year, at least right now. Prices are likely to be expected to be $30k to $40k this year but there are certainly possible for higher prices. Next year seems more likely, but I hope this year we just warm up the engines before flying.

Now that the price has crossed the $28k resistance, it might be time to expect $30k in the near term. But I wouldn't be surprised if bitcoin corrected before $30k hit. Just waiting now, but not selling anything.
full member
Activity: 1442
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March 20, 2023, 09:18:40 AM
Now looking at the general situation of the market reminds me of the time when the market also appeared new trends and was about to launch an airdrop of a leading project.
I think the next few days will be even more exciting, my long term price expectations for BTC I still think $80000 is still low and that won't be the time when I will take profits.
yes, $80k is still relatively low when compared to ATH 2021 which is $64k because in the next bullish phase the bitcoin price should be 2x - 3x from ATH 2021. not selling and taking profits at $80k is the right move because in the next bullish phase the price will go higher than $80k.
copper member
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March 20, 2023, 07:27:54 AM
BTC is unlikely to rise to $80k this year. It would reach and strengthen at $30k. And it would be good if BTC could rise to $40k in H2 2023.
hero member
Activity: 2338
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March 20, 2023, 07:10:55 AM
Now looking at the general situation of the market reminds me of the time when the market also appeared new trends and was about to launch an airdrop of a leading project.
I think the next few days will be even more exciting, my long term price expectations for BTC I still think $80000 is still low and that won't be the time when I will take profits.
I'm not sure what you're saying even though you have more Bitcoin in your wallet. Because if Bitcoin manages to reach a price of $ 80K in the following year, surely there will be many people who take advantage by selling the Bitcoin they have even though there are also those who will keep it for a higher price than that. And another thing is that market trends have absolutely nothing to do with launching new airdrops or any altcoin programs that you see at the moment.
sr. member
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March 20, 2023, 05:43:38 AM
Now looking at the general situation of the market reminds me of the time when the market also appeared new trends and was about to launch an airdrop of a leading project.
I think the next few days will be even more exciting, my long term price expectations for BTC I still think $80000 is still low and that won't be the time when I will take profits.
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