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Topic: Could 72K USD be the peak for this bull run? (Read 670 times)

hero member
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Exactly, really hard to see where we are at the end of the month, but by the looks of it, $72k might not be hit, in my opinion. On the other hand, why not take this perfect opportunity to stash for more, that is if you have the budget for now, which usually does for big whales and for the majority of us here average joe, continue to do DCA and we will be good. Still plenty of time for us, if we look at 2024. Six months is a lot, things might change for the better in the last quarter and so we should just stay focus and look for the bigger or even look further at 2025 as our goal as usually this is going to be the peak of the bull run and for all we know, 6 digits could be on it's way.
That is how we need to see the current low price of bitcoin, if a person wanted to buy a product and they found out that it had a 20% discount, they will do what they can to acquire it right now and save money in the process, well, bitcoin is going through the exact same circumstances as it has a 20% discount from its ATH, so anyone that is interested in stashing as much of it as they can, should take the opportunity to buy it before the price goes back to its previous levels.
I think this strategy is very suitable for investing with the DCA method to buy bitcoin gradually, this decline is actually still lower than the ATH price and I suggest buying part of the budget for investing in bitcoin, the rest of the budget for buying bitcoin at a lower price.

Be a wise investor without comparing crypto prices with prices of other goods because a 20% discount is not necessarily the lowest price after bitcoin reaches ATH, but you will have the opportunity to get a discount higher than 50% if you consistently carry out DCA investments, you need patience and strategy to invest in the market crypto, you don't need to rush to allocate all your budget to buy at a 20% discount, but if bearish conditions occur then you won't be ready for the risk.
hero member
Activity: 2842
Merit: 772
This is a good question. Back in April 2021 I kept saying 70k in may.

Well it did not happen and we need to go to march of 2024 to 70k

So my words we close to a three year jinx on the price reaching 70k .

So I will not predict 80k or 90k or over 100k. As I do not want to jinx us.

I will hope we pass 80 90 100k this year not predict it. 🆗

Lol, but everyone has some jinx in the market, we made our predictions and then it was a missed. So this could be just coincidence as the market is very hard to predict but if we look at past historical logs, June is one of the worst as it is after a halving and maybe investors don't find the hype anymore in the market.

But then again, this is just June though, we still have 5+ more months to go and there could be a lot of things that can influence the investors to put their money in the market. And with that, personally I don't see $72k as the peak, it could just be the start as we might reach $80k or $90k or even $100k at the end of 2024.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Exactly, really hard to see where we are at the end of the month, but by the looks of it, $72k might not be hit, in my opinion. On the other hand, why not take this perfect opportunity to stash for more, that is if you have the budget for now, which usually does for big whales and for the majority of us here average joe, continue to do DCA and we will be good. Still plenty of time for us, if we look at 2024. Six months is a lot, things might change for the better in the last quarter and so we should just stay focus and look for the bigger or even look further at 2025 as our goal as usually this is going to be the peak of the bull run and for all we know, 6 digits could be on it's way.
That is how we need to see the current low price of bitcoin, if a person wanted to buy a product and they found out that it had a 20% discount, they will do what they can to acquire it right now and save money in the process, well, bitcoin is going through the exact same circumstances as it has a 20% discount from its ATH, so anyone that is interested in stashing as much of it as they can, should take the opportunity to buy it before the price goes back to its previous levels.
sr. member
Activity: 322
Merit: 227
Playbet.io - Crypto Casino and Sportsbook
It wont be the top indefinitely but for now sure maybe and thats a high mark to have.   BTC been strong the whole day today from 1am the price action has traded above the 12hr average.  Yesterday was a real sharp turn down that only later in that day got back a bit, despite this being a good pullback of those losses its still below where it needs to be to say we have negated the possibility of further movement downwards.

I thought the highest price of Bitcoin was above $73,000 so how then can $72,000 be the highest price for the bull run that has not peaked yet. The peak of the bull run will determine what the highest price of Bitcoin is going to be. $72,000 can not be the peak and neither can $73,000. My prediction for the peak price of Bitcoin will be somewhere between $100,000 and $200,000. The market is not looking very good because of the dip we keep getting every time Bitcoin try to break the resistance level but it will happen soon. The market can not be stubborn all through the year. At some point the bears will get tired of selling and the bull market will take over again. When that happens we will wish we bought while Bitcoin was still struggling.
hero member
Activity: 2870
Merit: 594
It wont be the top indefinitely but for now sure maybe and thats a high mark to have.   BTC been strong the whole day today from 1am the price action has traded above the 12hr average.  Yesterday was a real sharp turn down that only later in that day got back a bit, despite this being a good pullback of those losses its still below where it needs to be to say we have negated the possibility of further movement downwards.

63k is the pivotal area that really needs to be recovered before then regaining what was lost on the first day of this trading week.  What all this spells to me is continued fighting back and forth and time needed, Im not yet fatalistic in presuming we lose that fight just that it needs to be fought to determine a victor and establish strength in the volume of that traded price area.  This fight aint yet done, Im not seeing that at all.
I agree that it depends on the timeframe we are talking about. Like are we asking if 72k is the peak of this month? Or lets say July because June is ending. Is that the question? Is it that if 72k is the peak for this summer? Is it about if 72k is the peak of 2024? We need to make sure we know what we are talking about before we can make a decision on how to answer this, so I agree that it is not a certain answer.

If the question is will we see 72k+ before July ends? Then I would say there is a possibility that we may not, a high possibility, still doesn't mean we won't see higher, just means we may not. On the other hand, if we are talking about just the summer, then the likeliness of not seeing lower is harder. And even more, if we are talking about 2024, then I believe we will most likely see above 72k.
Exactly, really hard to see where we are at the end of the month, but by the looks of it, $72k might not be hit, in my opinion. On the other hand, why not take this perfect opportunity to stash for more, that is if you have the budget for now, which usually does for big whales and for the majority of us here average joe, continue to do DCA and we will be good. Still plenty of time for us, if we look at 2024. Six months is a lot, things might change for the better in the last quarter and so we should just stay focus and look for the bigger or even look further at 2025 as our goal as usually this is going to be the peak of the bull run and for all we know, 6 digits could be on it's way.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
It wont be the top indefinitely but for now sure maybe and thats a high mark to have.   BTC been strong the whole day today from 1am the price action has traded above the 12hr average.  Yesterday was a real sharp turn down that only later in that day got back a bit, despite this being a good pullback of those losses its still below where it needs to be to say we have negated the possibility of further movement downwards.

63k is the pivotal area that really needs to be recovered before then regaining what was lost on the first day of this trading week.  What all this spells to me is continued fighting back and forth and time needed, Im not yet fatalistic in presuming we lose that fight just that it needs to be fought to determine a victor and establish strength in the volume of that traded price area.  This fight aint yet done, Im not seeing that at all.
I agree that it depends on the timeframe we are talking about. Like are we asking if 72k is the peak of this month? Or lets say July because June is ending. Is that the question? Is it that if 72k is the peak for this summer? Is it about if 72k is the peak of 2024? We need to make sure we know what we are talking about before we can make a decision on how to answer this, so I agree that it is not a certain answer.

If the question is will we see 72k+ before July ends? Then I would say there is a possibility that we may not, a high possibility, still doesn't mean we won't see higher, just means we may not. On the other hand, if we are talking about just the summer, then the likeliness of not seeing lower is harder. And even more, if we are talking about 2024, then I believe we will most likely see above 72k.
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
Hello All,

Hope everyone is well!

Playing devil's advocate here, this isn't my personal belief but in fact a viewpoint that I would like opinions on.

Will 76K USD (60K GBP / 70K EURO) ever be reached, no price is certain with BTC as we all know but hearing personal theories is welcome relating to price.

Thanks everyone!



You are still good with this which is impressive.

I wonder if we will ever do it myself.




not really that worried but I do know we never did 70k back in 2021
STT
legendary
Activity: 4102
Merit: 1454
It wont be the top indefinitely but for now sure maybe and thats a high mark to have.   BTC been strong the whole day today from 1am the price action has traded above the 12hr average.  Yesterday was a real sharp turn down that only later in that day got back a bit, despite this being a good pullback of those losses its still below where it needs to be to say we have negated the possibility of further movement downwards.

63k is the pivotal area that really needs to be recovered before then regaining what was lost on the first day of this trading week.  What all this spells to me is continued fighting back and forth and time needed, Im not yet fatalistic in presuming we lose that fight just that it needs to be fought to determine a victor and establish strength in the volume of that traded price area.  This fight aint yet done, Im not seeing that at all.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
Most predictions claim Bitcoin is still going to reach higher price levels this bull run than we have already seen. Some claim Bitcoin is going to hit 80,000$ and 90,000$ on the medium term, while others say Bitcoin is going to hit 100,000$ and 150,000$ by the end of this bullish season. And it really looks like Bitcoin haven't reached the peak of the season yet.

Resistance line is too strong at 72,000$, and that is why you think it could be the peak of the season, although you should also keep in mind that the bull run can last until 2025, so there is a lot to come yet... The advantage of Bitcoin so far is that even though the price isn't able to cross the resistance line mentioned above, support line isn't too bad too, as the price remains stable above 66,000$ level. Things would be bad for investors if we were heading back to 50,000$ or 40,000$ once again.

I believe the final months of the year will be better for Bitcoin, probably from September or October on.
You have nice points here. There's no certain month as to where bullish season will stop so most likely if we can't achieve bull run this year, then it could be the next year around. So let's not pressure ourselves if we still don't find bitcoin price skyrocketing because we still have a lot of months to go but instead, let's just remain hopeful that bitcoin will surprise us one day with it's new all time high. Still, let's be thankful that bitcoin price isn't too low this time, otherwise a lot of investors might go crazy again if we end up seeing bitcoin price dropping below $50k again or $40k.
hero member
Activity: 3038
Merit: 617
Hey, haven’t you seen the all time high of bitcoin now? And bitcoin hit that price in this year even before the halving took place. I have strong believe that bitcoin will soar higher then the current all time-high and it has not yet even to perform as expected since the bull run is yet to begin fully. The speculations about the price will continue but there’s every certainty that it’ll go higher than what you’re envisioning and could possible give us a six figure value in USD when the total peak price it will be after the bull run will be reached. All I have said including yours are all speculations but a more realistic speculation that there’s every certainty that it will be so after the bull run market is over and we approach the bear market.

Price going that high before halving is actually something that some of us can't believe that's why they are also thinking that the halving may not have an effect anymore and only the rich will take over. The institutions are just going to keep buying the newly mined coins in such high amounts while also continuing to keep dumping which will spiral the price as people panic.
hero member
Activity: 1008
Merit: 702
Hey, haven’t you seen the all time high of bitcoin now? And bitcoin hit that price in this year even before the halving took place. I have strong believe that bitcoin will soar higher then the current all time-high and it has not yet even to perform as expected since the bull run is yet to begin fully. The speculations about the price will continue but there’s every certainty that it’ll go higher than what you’re envisioning and could possible give us a six figure value in USD when the total peak price it will be after the bull run will be reached. All I have said including yours are all speculations but a more realistic speculation that there’s every certainty that it will be so after the bull run market is over and we approach the bear market.
hero member
Activity: 1302
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Leading Crypto Sports Betting & Casino Platform
Most predictions claim Bitcoin is still going to reach higher price levels this bull run than we have already seen. Some claim Bitcoin is going to hit 80,000$ and 90,000$ on the medium term, while others say Bitcoin is going to hit 100,000$ and 150,000$ by the end of this bullish season. And it really looks like Bitcoin haven't reached the peak of the season yet.

Resistance line is too strong at 72,000$, and that is why you think it could be the peak of the season, although you should also keep in mind that the bull run can last until 2025, so there is a lot to come yet... The advantage of Bitcoin so far is that even though the price isn't able to cross the resistance line mentioned above, support line isn't too bad too, as the price remains stable above 66,000$ level. Things would be bad for investors if we were heading back to 50,000$ or 40,000$ once again.

I believe the final months of the year will be better for Bitcoin, probably from September or October on.

It's all just a prediction and it may or may not happen, no one dares to confirm that bitcoin will touch 80 or 90k$ in the short term and guarantee that bitcoin will touch 100k$ at the end of this bull season. We couldn't even tell if bull season hadn't started or it had ended, none of us knew what was going on and what would happen next. But as bitcoin investors, we should be optimistic about bitcoin and hope for better growth in the future regardless of the current situation. But bullish does not mean that we have the right to be subjective and ignore bad situations that may occur, always have a backup plan in investing.
legendary
Activity: 4326
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'The right to privacy matters'
This is a good question. Back in April 2021 I kept saying 70k in may.

Well it did not happen and we need to go to march of 2024 to 70k

So my words we close to a three year jinx on the price reaching 70k .

So I will not predict 80k or 90k or over 100k. As I do not want to jinx us.

I will hope we pass 80 90 100k this year not predict it. 🆗
hero member
Activity: 2408
Merit: 584
the answer is no, $72k-$73k is not the peak and it will be broken sooner or later as the momentum grows in strength.
And I don't consider $72k as a moon. Because if I'm not mistaken, we already hit it before. In fact, I think our latest ATH was now at $73k? If we believe that a certain high price will take time to achieve, then we also believe that it is inevitable. And that is due to the growing adoption. Negativities in the economy like Recession is not a new thing anymore and like you said, there are still times that it will recover, so this is not something that we should worry about but we can just continue doing our business as usual.

In fact, it may help us to squeeze more coins in our bags, as it can influence the price negatively. $72k-$73k can be the peak but again, no worries because we can always start another rally/bull run again.

With some interest rate cuts (since the recession is getting worse and there are so many elections coming up) we can see inflation rise and with it the sell pressure bitcoin experiences could go down which would lead to the big rise we've been waiting for.
Maybe because when there is Inflation, people will look for investment opportunities to save their money but I think it can also lead for some to sell. And there is a recession which makes them lose their jobs.
full member
Activity: 1251
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Hello All,

Hope everyone is well!

Playing devil's advocate here, this isn't my personal belief but in fact a viewpoint that I would like opinions on.

Will 76K USD (60K GBP / 70K EURO) ever be reached, no price is certain with BTC as we all know but hearing personal theories is welcome relating to price.

Thanks everyone!


the possibility is big that we reach that price before year end, for now bitcoin is down to 66k$ bjt i think this is a temporary down and there is a possibly that when it comeback the price will rise to 76k$ or above, we just need to wait and have a big patience this dropping of price is a normal thing in btc but after this drop there is a rising.
hero member
Activity: 2044
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Leading Crypto Sports Betting & Casino Platform
Most predictions claim Bitcoin is still going to reach higher price levels this bull run than we have already seen. Some claim Bitcoin is going to hit 80,000$ and 90,000$ on the medium term, while others say Bitcoin is going to hit 100,000$ and 150,000$ by the end of this bullish season. And it really looks like Bitcoin haven't reached the peak of the season yet.

Resistance line is too strong at 72,000$, and that is why you think it could be the peak of the season, although you should also keep in mind that the bull run can last until 2025, so there is a lot to come yet... The advantage of Bitcoin so far is that even though the price isn't able to cross the resistance line mentioned above, support line isn't too bad too, as the price remains stable above 66,000$ level. Things would be bad for investors if we were heading back to 50,000$ or 40,000$ once again.

I believe the final months of the year will be better for Bitcoin, probably from September or October on.
full member
Activity: 1442
Merit: 108
If bitcoin really passes $70k then $76k can be reached easily, but the main problem right now is because the price of bitcoin is having difficulty breaking through $70k. You can see that so far the price of Bitcoin has been stable between $65k-$70k for quite a long time. all investors are waiting for a bullish moment like in the previous halving and want to see a much higher ATH.
STT
legendary
Activity: 4102
Merit: 1454
Still not a likely outcome but for now it might be the top.   A top to a bull run is usually put in a more shaky way, alot more volume I think will be involved and hype.   My general take trying to use my experience of prior tops is this is all too quiet.


Never short a dull market is a good saying because its not how the ceiling is reached usually.   A sharp decline at the top can have us tumble downwards but this recent move was a steady daily drift down from the 72k near attempt.  It was more tired then frantic sell, nobody is in a rush here.   Others might say well this is a lack of interest but this is not how the bull run ends is still my take on these moves; I'd rather label it a slow cook.

Tiredness or lethargy is how I'd class it and to me that comes from a continual range kept, speculators jump on opportunities and this is quite tired and worn as we repeat the same range as before its not a screaming breakout nor a sell.   Of course speculative action can snap up the idea of sell or short to BTC but that would be costly to attempt right now as momentum is lacking in either direction.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
Could 72K USD be the peak for this bull run?
No one knows for sure and accurately what the highest point will be for the price of Bitcoin this year. In terms of speculation, perhaps we will find various speculations that can be seen from Bitcoin expert observers, overall I think the current price of Bitcoin will not increase again, perhaps ending at $72k or $75k.

Outside if we look at the predictions and speculation for the price of Bitcoin, it's scary, some say $150k to $500k for this year, so I will give up speculating on the price of Bitcoin this year, I will surrender to what I see and I will enjoy it all whatever the highest price is.

Anyone can speculate on this market, but the difference is how each user is acting on such speculation. The price may reach as high as 72k, but how many do you think are already accumulating some satoshis to prepare for the potential rise?

And it also show the difference between smart investors and those who fomo, I mean for those smart, they don't complain when the price goes down or decline. They simply accumulate as many as they can. It doesn't mean that it's just for whales though, even the average joe in us, could also do it, like following DCA.

We also know that $72k is not the peak of it, we have seen throughout the years on how the market move in post-halving. And it takes weeks before we can actually see some movement. So just be patience and for sure the last quarter will be a big surprised to us.
Neither smart or already have the experience when it comes to market conditions on which we know that this is something that will really be that indeed vary on a certain individual on which there would really be those been aware on how this market behaves and works and to those people who do become that impulsive at the moment that they would be able to encounter such decline or even on a pumping market on which they are really that becoming impulsive on which it would really be that resulting missing out opportunities or simply making up shit decisions which resulting to loses.

We should really be putting up into our mind that we arent that still yet on bull run season on which we can really be able to say that we arent that on peak yet.
For those who are just new then they would really be having those impressions that we might already been there but its still too early to say,
Market is still that stagnant as of this moment.
sr. member
Activity: 812
Merit: 436
With this current bullrun, we should expect for the market price of bitcoin in getting to hundred thousands dollars or more before we may end up this season and launch into another one.

Some were already being skeptical whether we are done with the bullrun market or not, because of the way they are sing the market revolving round within the same or close price range for some time now, this should not be a challenge on us from investing or holding because there is more to expect form the volatile market to a new all time high anytime form now.
legendary
Activity: 2716
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Leading Crypto Sports Betting & Casino Platform
Anyone can speculate on this market, but the difference is how each user is acting on such speculation. The price may reach as high as 72k, but how many do you think are already accumulating some satoshis to prepare for the potential rise?
It could be said that there are a lot of people because now people who believe in Bitcoin have started to increase since the price increase again at the beginning of this year until now. So I think there are already many people who are prepared to wait for another $72K price by continuing to buy and collect Bitcoin in this price correction condition. Because price increases are always triggered by the large demand and supply that continues to occur in the market, so there is a lot of speculation that is always born in conditions like today.
hero member
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Leading Crypto Sports Betting & Casino Platform


We also know that $72k is not the peak of it, we have seen throughout the years on how the market move in post-halving. And it takes weeks before we can actually see some movement. So just be patience and for sure the last quarter will be a big surprised to us.

Based on history and if things repeat themselves, $72k is just the start for bitcoin and not the final peak for this bull season. But this year we saw bitcoin create an ATH before the halving and this has never happened before, because this made many people think that things are changing and history will not repeat itself. What do you think about this? And they have reason to think about the scenario of $72k being the ATH for this bull season.

Personally, I still hope and believe that bull season hasn't really come yet, everything has just begun but maybe we will have to wait longer than we think before bull season comes.

If $72k is the ATH of this bull season then this will be the most boring bull season we have ever had and I predict many people will leave the market if this actually happens.
hero member
Activity: 2660
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Could 72K USD be the peak for this bull run?
No one knows for sure and accurately what the highest point will be for the price of Bitcoin this year. In terms of speculation, perhaps we will find various speculations that can be seen from Bitcoin expert observers, overall I think the current price of Bitcoin will not increase again, perhaps ending at $72k or $75k.

Outside if we look at the predictions and speculation for the price of Bitcoin, it's scary, some say $150k to $500k for this year, so I will give up speculating on the price of Bitcoin this year, I will surrender to what I see and I will enjoy it all whatever the highest price is.

Anyone can speculate on this market, but the difference is how each user is acting on such speculation. The price may reach as high as 72k, but how many do you think are already accumulating some satoshis to prepare for the potential rise?

And it also show the difference between smart investors and those who fomo, I mean for those smart, they don't complain when the price goes down or decline. They simply accumulate as many as they can. It doesn't mean that it's just for whales though, even the average joe in us, could also do it, like following DCA.

We also know that $72k is not the peak of it, we have seen throughout the years on how the market move in post-halving. And it takes weeks before we can actually see some movement. So just be patience and for sure the last quarter will be a big surprised to us.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
Could 72K USD be the peak for this bull run?
No one knows for sure and accurately what the highest point will be for the price of Bitcoin this year. In terms of speculation, perhaps we will find various speculations that can be seen from Bitcoin expert observers, overall I think the current price of Bitcoin will not increase again, perhaps ending at $72k or $75k.

Outside if we look at the predictions and speculation for the price of Bitcoin, it's scary, some say $150k to $500k for this year, so I will give up speculating on the price of Bitcoin this year, I will surrender to what I see and I will enjoy it all whatever the highest price is.

Anyone can speculate on this market, but the difference is how each user is acting on such speculation. The price may reach as high as 72k, but how many do you think are already accumulating some satoshis to prepare for the potential rise?
sr. member
Activity: 2114
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Today bitcoin price decreasing to $65k and I am not really sure with bitcoin break out in short term around $72k, last several days ago bitcoin almost break out above $72k but its too difficult before bitcoin going down and today become more lower price of bitcoin in last one week. However always optimistic with bitcoin will break to higher price but recently still at the downtrend moment make us need more longer time waiting for bitcoin get recovery back to higher price.

Exactly, I understand the fact that the price of Bitcoin is not controlled by anybody and therefore what must be, must be no matter the high speculation and expections of investors.
True, bitcoin never can't control by any one and less expected to make bitcoin downtrend or uptrend moment based on their decision, difference with altcoin most of holding on developer hands make it easily for them controlling price dump and pump when selling on huge amount supply at the developer or owner controlling.
hero member
Activity: 2884
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I am terrible at Fantasy Football!!!
Hello All,

Hope everyone is well!

Playing devil's advocate here, this isn't my personal belief but in fact a viewpoint that I would like opinions on.

Will 76K USD (60K GBP / 70K EURO) ever be reached, no price is certain with BTC as we all know but hearing personal theories is welcome relating to price.

Thanks everyone!


If it is, what are you going to do about it? Because even if I am like any investor and I want for the price of bitcoin to increase as much as possible on the shortest amount of time, at the same time it is not as if I would change my strategy just because bitcoin is not growing at such a fast speed anymore, and if anything such a thing should be considered as an opportunity to accumulate more bitcoin for prices that are still relatively on the low side, especially if we compare them to the potential price that bitcoin may still reach years down the line.
legendary
Activity: 2772
Merit: 1127
That's a low target, people are eyeing $120k to be an easy target for them this bull run because we are only in the second month after the halving event so far, and there is still a long way ahead of us. The next couple of years will be crucial for Bitcoin because we will see surprises in them, and those surprises can be both positive and negative. However, the whole market is optimistic for a second phase of the bull run because we haven't seen its full force yet.

For me, I believe that even if there isn't as much movement as we are all expecting, it will still go above $80k pretty easily because we have already seen it getting to $73k to set a milestone for this season but it doesn't seem to be the end of the bull season yet, there is a layer of it remaining and we are going to see that.
I do agree with this, we are looking at something that could have a wildly different approach and a great return without a doubt, I think we should not really consider the situation to be different anytime soon. I do get that we are going to see something changing, just not thinking that it would be all that simple, we should consider this as something that will take a while.

I believe that 80k+ could happen after the summer and not during, but I am not sure about it of course, it is not going to be something that we can known beforehand, maybe we will reach 80k and that could be great, but if we can't then I would not be shocked about it neither, it is going to be quite normal if it fails to go above 80k during this summer.
hero member
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Leading Crypto Sports Betting & Casino Platform
$76k can not be price peak of Bitcoin for the bull season. In the past months, there have been many predictions that Bitcoin will get to $80k+ before the end of this year which we are not certain of the price but definitely Bitcoin will go above $80k before the bear market will start. The price peak for Bitcoin will likely be reached by next year and the price might even reach $100k. But I doubt that Bitcoin's price peak will only end at $76k. If it does, that means during the bear season, the price will drop to $30k.

Many people predict and expect, that doesn't mean bitcoin will move and reach that price to please everyone. After all, it's all just investors' predictions and expectations, we can't know how bitcoin will behave in the future. Maybe there will be no bull season and $73k could also be the ATH of this bull season, or things are just starting, no one knows what will happen next.

Well, I didn't say that whatever price investors speculate about Bitcoin, it must definitely come through. If you read my statement, I said that no one can certainly tell the price that Bitcoin will reach. We are only speculative about price but don't know what the future can turn out to be. 

I know you also have your opinion and expectations for the Bitcoin price, but I really doubt that the all-time high for the season is going to be the $73k that you said. Don't forget that the bull season is not yet over and we still have long months to cover.
Because I saw you firmly stating that bitcoin will hit $80k before the bear season comes so I thought that way.

But anything can happen and we shouldn't rule out that scenario because we don't know what's going on. Besides expectation and hope which is the only thing we have, we have no evidence that guarantees that history will repeat itself.

That's actually my opinion which I believe can be archived before the bear market but that doesn't mean the because I have thought so, that's how it's going to be. There's a saying that "in the crypto market and price movement of Bitcoin and other crypto, nothing is impossible. " I am so much aware that Bitcoin price can go contrary to our predictions.



Exactly, I understand the fact that the price of Bitcoin is not controlled by anybody and therefore what must be, must be no matter the high speculation and expections of investors.
legendary
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Could 72K USD be the peak for this bull run?
No one knows for sure and accurately what the highest point will be for the price of Bitcoin this year. In terms of speculation, perhaps we will find various speculations that can be seen from Bitcoin expert observers, overall I think the current price of Bitcoin will not increase again, perhaps ending at $72k or $75k.

Outside if we look at the predictions and speculation for the price of Bitcoin, it's scary, some say $150k to $500k for this year, so I will give up speculating on the price of Bitcoin this year, I will surrender to what I see and I will enjoy it all whatever the highest price is.
hero member
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I'll answer you because you're a newbie. I don't support or engage in Bitcoin price predictions, but I'm confident that 72k is just the beginning of the bull market. The timing and extent of the price surge are always unexpected and unpredictable. Therefore, make investment decisions independently and without being influenced by social media sentiments
After this year's halving, Bitcoin movements are much more difficult to predict, and indeed $72K may not be the end of Bitcoin price this year. Some speculations out there still believe that there will be a super megacycle with an target of $100K. But personally, I still put 50% on believing that if it happens at the end of 2024 or early 2025. There's no harm in preparing yourself thinly by taking advantage of the decline that occurs, consistent accumulation is still wort it to do.
legendary
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$76k can not be price peak of Bitcoin for the bull season. In the past months, there have been many predictions that Bitcoin will get to $80k+ before the end of this year which we are not certain of the price but definitely Bitcoin will go above $80k before the bear market will start. The price peak for Bitcoin will likely be reached by next year and the price might even reach $100k. But I doubt that Bitcoin's price peak will only end at $76k. If it does, that means during the bear season, the price will drop to $30k.

Many people predict and expect, that doesn't mean bitcoin will move and reach that price to please everyone. After all, it's all just investors' predictions and expectations, we can't know how bitcoin will behave in the future. Maybe there will be no bull season and $73k could also be the ATH of this bull season, or things are just starting, no one knows what will happen next.

Well, I didn't say that whatever price investors speculate about Bitcoin, it must definitely come through. If you read my statement, I said that no one can certainly tell the price that Bitcoin will reach. We are only speculative about price but don't know what the future can turn out to be. 

I know you also have your opinion and expectations for the Bitcoin price, but I really doubt that the all-time high for the season is going to be the $73k that you said. Don't forget that the bull season is not yet over and we still have long months to cover.
Because I saw you firmly stating that bitcoin will hit $80k before the bear season comes so I thought that way.

As a bitcoin investor, you and I, everyone, hope that the bull season hasn't even arrived let alone that it's over and we're in the distribution phase. But anything can happen and we shouldn't rule out that scenario because we don't know what's going on. Besides expectation and hope which is the only thing we have, we have no evidence that guarantees that history will repeat itself. And what I want to say is that we should always prepare ourselves with backup plans, don't be too subjective that history will always repeat itself without a plan B. We all know that bitcoin is unpredictable and the market is extremely harsh, so always be a proactive investor.
sr. member
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That's a low target, people are eyeing $120k to be an easy target for them this bull run because we are only in the second month after the halving event so far, and there is still a long way ahead of us. The next couple of years will be crucial for Bitcoin because we will see surprises in them, and those surprises can be both positive and negative. However, the whole market is optimistic for a second phase of the bull run because we haven't seen its full force yet.

For me, I believe that even if there isn't as much movement as we are all expecting, it will still go above $80k pretty easily because we have already seen it getting to $73k to set a milestone for this season but it doesn't seem to be the end of the bull season yet, there is a layer of it remaining and we are going to see that.
hero member
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As long as we don’t see big whales selling their coins, bitcoin price won’t experience a big crash again.
Yes, I agree the big whale or you can say the huge holders are the ones who protect the current value of Bitcoin and helps it to grow overtime. The day to day traders and others low amount investors can't really cause dips in the price of Bitcoin.

Bitcoin dipped badly to around $66k value today and I believe such dips are normal before a new ATH. Bitcoin's price always go through correction and if next ATH forms somehow then again we may see a correction after that.

Just a little bounce to $68k, but for $72k after halving, it's too small to call it the peak of the bull run. And it's too early to judge it as we are still in the middle of the year and there could be some news that will affect the price positively.

And just to follow up on what you said, June seems to be not so good month post halving. As maybe investors are not that interested or just simply waiting for some big movement and then FOMO and then we will see new ATH at the end of the year.
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$76k can not be price peak of Bitcoin for the bull season. In the past months, there have been many predictions that Bitcoin will get to $80k+ before the end of this year which we are not certain of the price but definitely Bitcoin will go above $80k before the bear market will start. The price peak for Bitcoin will likely be reached by next year and the price might even reach $100k. But I doubt that Bitcoin's price peak will only end at $76k. If it does, that means during the bear season, the price will drop to $30k.
Many people predict and expect, that doesn't mean bitcoin will move and reach that price to please everyone. After all, it's all just investors' predictions and expectations, we can't know how bitcoin will behave in the future. Maybe there will be no bull season and $73k could also be the ATH of this bull season, or things are just starting, no one knows what will happen next.

Since the market has had the participation of ETFs, things have become even more unpredictable and there is no guarantee that history will repeat itself. So always prepare yourself with a plan B if a bad scenario happens instead of being too subjective and thinking that history will always repeat itself.
When I do the same thing, it seems as if I have committed a sin and people follow me like this can't happen, Bitcoin will only go up, $100k will be hit, and then $200k will be touched. I always ask people like this if BTC has promised you that I will touch 100k or 200k or not, then how can you be so optimistic? A successful trader is one who looks at both sides of the picture and prepares themselves for all kinds of situations and sits down and makes themselves happy by creating a good picture in their mind and thinking that if BTC does not go up from here, I know What to do and if it goes up, I have a plan for that too.

But on the contrary, wherever you see a post or comment on the entire internet, it will be seen that Bitcoin is just about to touch 100 and is about to reach $150k, but no one has exactly said that yes, if Bitcoin can go up, it can go down as well and that has also been proven in the past.
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As long as we don’t see big whales selling their coins, bitcoin price won’t experience a big crash again.
Yes, I agree the big whale or you can say the huge holders are the ones who protect the current value of Bitcoin and helps it to grow overtime. The day to day traders and others low amount investors can't really cause dips in the price of Bitcoin.

Bitcoin dipped badly to around $66k value today and I believe such dips are normal before a new ATH. Bitcoin's price always go through correction and if next ATH forms somehow then again we may see a correction after that.
STT
legendary
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72k was in effect a local top recently, we didnt touch it but in May and June so far thats acted as a ceiling.   We were closing out positive on the weekly bar and that was ironically positive despite a sell on Friday however this week start has not been good so far.

What happened today was a pullback to the 50 day average, fairly serious as a serious medium term measure of momentum.  Thats been the low for now and we are challenging the 12hr average to recover some of todays losses.  Basically its going to take the rest of this month to wind up and attempt higher if BTC should prove strong enough at this time.

I dont expect an immediate bounce back but thats not for me to call, BTC is so volatile it can sell and come right back at times.   Normal progress would have us recover weekly average incrementally recovery.

  Prior to this sell we have a pattern ascending lows since May start, that might be compromised now.   BTC remains superior to late April BTC price action.  Ideally this sell is a blip and BTC trades back above 69k in the forth coming days.
legendary
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$72K is not a peak, it is simply one of the price values ​​within this bull market. There is little doubt that Bitcoin will reach $10,000 this year, 2024. This is too significant a number for many. Even if you are interested in investing in altcoins, you can use Bitcoin as an indicator. Bitcoin will almost certainly reach $100,000 and will most likely go down briefly to test the demand for the previous ATH. In general, only the most harmonious graphics should be used as indicators. Bitcoin's chart is harmonious only on a large time frame (candle size - 1 week and 1 month).
sr. member
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Could 72K USD be the peak for this bull run?

No. Because the price of 73,777 USD has occurred in March.

Will 76K USD (60K GBP / 70K EURO) ever be reached, no price is certain with BTC as we all know but hearing personal theories is welcome relating to price.

We are waiting for 100,000 USD and have the potential to be achieved. 76K USD is a very possible price. The difference with the price of 73K USD is very close if observed the movement of Bitcoin 69k USD to 73K USD.
100,000 USD is a very reasonable price if awaited even though the market is always not in an easy position to be predicted as it is today, from the price of 70,195 USD down to 67,284.
legendary
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It always takes time to shoot up to the moon but the said rally is inevitable. This time is no different either, the rise will come. The only difference is that nowadays the global economy is in a bad shape (specifically recession wise) and it is slowing down the start of the rally. But that won't last long either.

So the answer is no, $72k-$73k is not the peak and it will be broken sooner or later as the momentum grows in strength.

P.S. With some interest rate cuts (since the recession is getting worse and there are so many elections coming up) we can see inflation rise and with it the sell pressure bitcoin experiences could go down which would lead to the big rise we've been waiting for.
legendary
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Will "x" amount be ever reached is always a question that people keep asking, and I never truly understand the way it works, I mean of course it will be reached, why wouldn't it be? I do not get the whole point, it just doesn't make sense to me and I think the best way to go about this would be always thinking Yes, nothing more.

I believe that we are going to end up with 76 without a trouble, that is literally nothing, it shouldn't be an issue for anyone ever. I believe that we are going to end up with a 80 as well, and with 100 too, and with 200 too. These are all just timing related questions, one will be quicker, the other will not be so quick but we are going to end up with them anyway, that is the most important part.
legendary
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I will answer your question straightly, the Bitcoin could easily cross $72k this bull run and it may cross it within 2024. I believe we will get the highest value of this bull run during October-December 2025 and till then we should not worry about this bull run's peak.

It's just the middle of bull run and it will continue for many coming months. The bull run isn't intense yet but overtime you'll see huge intensity in this bull run and when that takes place then you'll see many altcoins pumping crazily within hours each day.
We are still at the early phase of bull run so obviously, there’s more a lot to come most especially when we hit this last quarter since everything with be likely visible if what could be the peak value this year. However, seeing the current price of bitcoin, we’re almost there reaching $72k and with more big news coming in the market, most likely we won’t stop with $72k and might go beyond $76k. As long as we don’t see big whales selling their coins, bitcoin price won’t experience a big crash again.
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$76k can not be price peak of Bitcoin for the bull season. In the past months, there have been many predictions that Bitcoin will get to $80k+ before the end of this year which we are not certain of the price but definitely Bitcoin will go above $80k before the bear market will start. The price peak for Bitcoin will likely be reached by next year and the price might even reach $100k. But I doubt that Bitcoin's price peak will only end at $76k. If it does, that means during the bear season, the price will drop to $30k.

Many people predict and expect, that doesn't mean bitcoin will move and reach that price to please everyone. After all, it's all just investors' predictions and expectations, we can't know how bitcoin will behave in the future. Maybe there will be no bull season and $73k could also be the ATH of this bull season, or things are just starting, no one knows what will happen next.

Well, I didn't say that whatever price investors speculate about Bitcoin, it must definitely come through. If you read my statement, I said that no one can certainly tell the price that Bitcoin will reach. We are only speculative about price but don't know what the future can turn out to be. 

I know you also have your opinion and expectations for the Bitcoin price, but I really doubt that the all-time high for the season is going to be the $73k that you said. Don't forget that the bull season is not yet over and we still have long months to cover.
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Hello All,

Hope everyone is well!

Playing devil's advocate here, this isn't my personal belief but in fact a viewpoint that I would like opinions on.

Will 76K USD (60K GBP / 70K EURO) ever be reached, no price is certain with BTC as we all know but hearing personal theories is welcome relating to price.

Thanks everyone!


76 USD is just around the corner mate all we need to  do is wait for sometime because this is attainable in any time sooner
and Am sure that this is coming this 3rd or 4th quarter and for those who does not know? bitcoin is still in the bull season as we have proven this since last year
and i trust bitcoin to hit 100k in the last quarter or are least early next year.

and asking about the peak ? we almost hit 73k right , so its not impossible that bitcoin may break 72k in the coming weeks before this june
ended.
legendary
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$76k can not be price peak of Bitcoin for the bull season. In the past months, there have been many predictions that Bitcoin will get to $80k+ before the end of this year which we are not certain of the price but definitely Bitcoin will go above $80k before the bear market will start. The price peak for Bitcoin will likely be reached by next year and the price might even reach $100k. But I doubt that Bitcoin's price peak will only end at $76k. If it does, that means during the bear season, the price will drop to $30k.

Many people predict and expect, that doesn't mean bitcoin will move and reach that price to please everyone. After all, it's all just investors' predictions and expectations, we can't know how bitcoin will behave in the future. Maybe there will be no bull season and $73k could also be the ATH of this bull season, or things are just starting, no one knows what will happen next.

Since the market has had the participation of ETFs, things have become even more unpredictable and there is no guarantee that history will repeat itself. So always prepare yourself with a plan B if a bad scenario happens instead of being too subjective and thinking that history will always repeat itself.
legendary
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honestly with the massive success of Bitcoin ETF with inflow reaching record of billions dollar within just few months? i doubt $72k will be peak, also other countries starting to approve bitcoin ETF, not only hongkong that has approved it but also other countries too.
just see this great achievement

source
therefore based on that I can say that 72k usd being the current ath is pretty pessimistic, even historical chart shows that every bullrun there's certain percentage range that we should be achieving and currently we're just starting.

of course as many other said, any price is possible, its bitcoin after all, but i'm hoping that current price isn't really the peak.
hero member
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$76k can not be price peak of Bitcoin for the bull season. In the past months, there have been many predictions that Bitcoin will get to $80k+ before the end of this year which we are not certain of the price but definitely Bitcoin will go above $80k before the bear market will start. The price peak for Bitcoin will likely be reached by next year and the price might even reach $100k. But I doubt that Bitcoin's price peak will only end at $76k. If it does, that means during the bear season, the price will drop to $30k.
legendary
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I also think the chart of the past years from coinmarketcap and coingecko can give clarity of the trend, this phase is a familiar. Take time to look at it as well
I also very often look at Bitcoin price charts every week and even every day to make a comparison of past prices with current prices. Because for now we can still say that the market trend and Bitcoin are still good enough and still appropriate enough for many people to take wise steps in buying more Bitcoin without doubting that the trend will change for the worse. Because the potential trend that continues to improve like now will continue this year, especially in Bitcoin and also in several other coins.
STT
legendary
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Its not the peak but its heavily challenged at every attempt upwards, this current move was/is a really good attempt.   I do see it slowly slipping back and disappointing people, weekly close tomorrow will probably mean we dont do anything dramatic.  Its only a case how disappointed will people be by this close, we have lost the 2 day and are about to lose the weekly average which puts us into a negative trend by my reckoning.

To call it now would be jumping the gun, its attempted upwards and pulled back. Its done this plenty before yet when we look where we are its right at the top again, all the prior setbacks did resolve upwards after some time.    Just that alone could be the definition of a bull run, its sells but it recovers.   Continually recovering upwards eventually has an increasingly larger amount of people involved hence its a bull run.
hero member
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Hey man!
Any price is possible is just a matter of time.
Initially we didn't believe bitcoin could hit $73k so there are possibility for new price level to be achieved what just matter is that you should exercise patient and hold for long provided that you are not in a rush to sell off your holdings.
sr. member
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~snip~

Hmm, it's true on one hand but I need to elaborate a little bit more for people to understand it easily.
 
Anyway I am convinced that Bitcoin's bull run is not over, that is, 73k is not the peak of this bull run. According to me, this thing of yours is based on a none sense ideal foundation because not only from a technical point of view, but also fundamentally, there are many indication explorers who clearly say that Bitcoin can record a milestone price until next year. 
 
 
Furthermore, if I dig a little deeper regarding the price, I find that the new ATH record that has happened recently is only because of institutional investors and ETF approval after Bitcoin Halving. Thus, if we analyze the pervious accurate data, it is known that there is a real bull run came after halving in 4 years which super boosts the price. So the current price has not surged as much as it used to happen after the previous halvings. 
 
So, I believe that the Bitcoin price should surge further, above from 73k. 73k is not the peak of bull run, despite it the first step of a bull run after halving.... 150k/200k

 
DYOR!
sr. member
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I also think the chart of the past years from coinmarketcap and coingecko can give clarity of the trend, this phase is a familiar. Take time to look at it as well
hero member
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I will answer your question straightly, the Bitcoin could easily cross $72k this bull run and it may cross it within 2024. I believe we will get the highest value of this bull run during October-December 2025 and till then we should not worry about this bull run's peak.

It's just the middle of bull run and it will continue for many coming months. The bull run isn't intense yet but overtime you'll see huge intensity in this bull run and when that takes place then you'll see many altcoins pumping crazily within hours each day.
$72k will be an easy goal for bitcoin as it may possibly reach even after few days from now. But talking about $76k, most likely we will see this price after a month or two especially if bitcoin price becomes more volatile if ever price correction suddenly appears again.

However, this is still another pure guess and prediction as we can’t tell exactly what will be the next btc price movement. But one thing is certain, bitcoin will eventually reach its new all time high right before this bull run ends. No doubts with that.
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I will answer your question straightly, the Bitcoin could easily cross $72k this bull run and it may cross it within 2024. I believe we will get the highest value of this bull run during October-December 2025 and till then we should not worry about this bull run's peak.

It's just the middle of bull run and it will continue for many coming months. The bull run isn't intense yet but overtime you'll see huge intensity in this bull run and when that takes place then you'll see many altcoins pumping crazily within hours each day.
sr. member
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Hey OP, So you look forward to the speculations and assumptions that you yourself mentioned ?

Hello Everyone,

I hope you are all well, i'll keep this short.


What is your educated guess relating to the end of year BTC price?

My personal assumption is 70K GBP (88K USD / 82K EURO), I may be pessimistic with my assumption but the risk management side of myself sees this as achievable.

In all honesty i'm unsure on the talk surrounding 79K GBP (100K USD / 92K EURO)

 



The volatility of bitcoin or the fact that you have enough time to witness it after the next 10 years, 20 years, 50 years, 100 years...

I'm not sure what time limit your view on this cycle is, but perhaps if my thinking is correct, we are still just at the beginning of a strong price increase over the next 1 - 2 years according to.
legendary
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i'm not sure if i am going to believe the bull run is over and bears are going to be taking over the market already while we just have the halving 2 months ago. and crypto holders are waiting for this halving effect that usually makes the market go wild bull run.

that's what i'm hoping for but who knows what could happen. maybe the institutions who have been buying up the BTC since 2024 will be dumping deliberately and start the bear market down which is crazy to think about because institutions on the other side of the world may seize the moment.
sr. member
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Reaching 76k$ is not a difficult task for Bitcoin because it has already touched 73k$ which was also looking difficult before hitting such a price so I think we will soon see another ATH that will bring Bitcoin to the value more than 76k$ but we should wait for such a duration.

If 76k$ is reachable then it means that it is also not possible that 72k$ is the peak of this bull season therefore we should follow predictions and wait a little bit more if we want to see the huge success of Bitcoin. Actually the future of Bitcoin is not easily predicted so we can follow predictions for our future success.
hero member
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Playing devil's advocate here, this isn't my personal belief but in fact a viewpoint that I would like opinions on.

Will 76K USD (60K GBP / 70K EURO) ever be reached, no price is certain with BTC as we all know but hearing personal theories is welcome relating to price.
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Bitcoin is not stable and since we have realized about this fact concerning it, we should know well and understand what it's being meant when we are considering the market nature of a volatile digital currency like bitcoin, it will always be that we see it appearing this way in other for everyone interested onnthe network to find a means of entry and their own reasons for making profits as well, with the illustration from the example giben on the current market price, it can still be above the normal rate seen now as the network demands and supply remained, the value will also increases along.
hero member
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Definitely not, I am surely Bitcoin is just one pump away from breaking this barrier through it has struggle to cross to march towards $80k couple of times but that shouldn't be considered as a drawback but rather these are signals that Bitcoin is trying hard to break this stigma. I got your point where you are coming from because in the past once the ATH used to be breaches we users to see massive pump which didn't happen this time but it would eventually happen since this cycle is completely different from the previous ones.
legendary
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A full blown bull run for me is when we reach crazy gains (lmao sue me) similar to what happened on previous havings several months after so if we were truly on a bull run, I'm expecting more than 72K USD  Grin

I'll sue you if it doesn't happen ha. I don't think Bitcoin has done anything near what it has in previous cycles. No crazy rush to the top, leaving everything else quivering in its wake.

Then again, no sudden devastating crash yet -- this is what I have been wating for. Think there 's a lot of gas yet from ETFs.
legendary
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Well it is something we all want to know answer to that. And now we are less then 70 k for each coin but I think it will go back up fast.

For me I do think we are going to see a higher price then 72 k. Even if price is down now it is still a 'bull run' so there is alot of profit we can make if we hodl.
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A full blown bull run for me is when we reach crazy gains (lmao sue me) similar to what happened on previous havings several months after so if we were truly on a bull run, I'm expecting more than 72K USD  Grin
Chart analysis of the movement of bitcoin on a long time frame will show you that the market is an upward trend. The market value of bitcoins is already not far from 72k USD, so it cannot be the peak.

That's right, conditions are still very good, even though today and currently the market is in correction, I hope that the increase and bullrun will be fast and the phase that many people have been waiting for, that after the halving, prices will be pushed up, will be found quickly. The public is eagerly waiting for it BTC price is now $69,230.
sr. member
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Hello All,
Hope everyone is well!

Playing devil's advocate here, this isn't my personal belief but in fact a viewpoint that I would like opinions on.

Will 76K USD (60K GBP / 70K EURO) ever be reached, no price is certain with BTC as we all know but hearing personal theories is welcome relating to price.

Thanks everyone!
There is a high chance this was your entry point and so far you are in drawdown and seeking opinion. If that be the case, what you need is just a minor change of mindset and you won't be asking this kind of question that is full of panic. If you are asking this question so you will be able to sell and take your lose before it get worse, I will advise you to be patient with bitcoin because it is not a fast money investment even though sometimes you will see big profit within a very short time. If what you invested in is not a borrowed money but money you can leave in bitcoin for a long time, simply leave it there for now because there is high chance we will see $100k within this market cycle. This is not a financial advise though but the information can help you manage your emotions.
legendary
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A full blown bull run for me is when we reach crazy gains (lmao sue me) similar to what happened on previous havings several months after so if we were truly on a bull run, I'm expecting more than 72K USD  Grin
Chart analysis of the movement of bitcoin on a long time frame will show you that the market is an upward trend. The market value of bitcoins is already not far from 72k USD, so it cannot be the peak.
full member
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Hello All,

Hope everyone is well!

Playing devil's advocate here, this isn't my personal belief but in fact a viewpoint that I would like opinions on.

Will 76K USD (60K GBP / 70K EURO) ever be reached, no price is certain with BTC as we all know but hearing personal theories is welcome relating to price.

Thanks everyone!



You must be new to Bitcoin. No, this is the base of the bull run, which is generally expected to take place over the next 12 months or so. It's the start, not the end.
Well op just registered last year of September so it is safe to assume that this might be their first rodeo.

Bitcoin’s bull run typically runs for almost 4 years but it does not exceed those numbers. I don’t think there is anything to worry about just yet. You might not see a lot of gains as an investor if you are this impatient.
hero member
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Hello All,

Hope everyone is well!

Playing devil's advocate here, this isn't my personal belief but in fact a viewpoint that I would like opinions on.

Will 76K USD (60K GBP / 70K EURO) ever be reached, no price is certain with BTC as we all know but hearing personal theories is welcome relating to price.

Thanks everyone!



You must be new to Bitcoin. No, this is the base of the bull run, which is generally expected to take place over the next 12 months or so. It's the start, not the end.
sr. member
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Eloncoin.org - Mars, here we come!
A full blown bull run for me is when we reach crazy gains (lmao sue me) similar to what happened on previous havings several months after so if we were truly on a bull run, I'm expecting more than 72K USD  Grin
Same here if we look at the past prices of the previous bull runs, we can see great growth. After the 2nd halving which occurred during 2016, the price of bitcoin was 900 usd closing the year with that price. By the end of 2020, its price was trading for 18k usd. Just look at what could we achieve if we were to hold for that long.

but I am expecting bitcoin to reach 75k to 80k usd very soon. I don’t want to jinx it by saying it will happen by the end of the month but I am hoping it will. I think bitcoin could end this year with 100k usd as its price.
newbie
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I think there will be more
hero member
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yesssir! 🫡
A full blown bull run for me is when we reach crazy gains (lmao sue me) similar to what happened on previous havings several months after so if we were truly on a bull run, I'm expecting more than 72K USD  Grin
legendary
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No one knows if it was the peak price it actually failed to break the $71k level or above $72k and as you can see there is a huge liquidation above $72k and we always know that the market wants to sweep them before it drops.

And it's too early to see the new ATH I expect to see above $73k in September or December and the current BTC price action is following the symmetrical triangle flag it has already touched on the resistant level on that flag so there is a big probability that we will see bearish week because the retest at that resistance level seems already done or maybe it is just a retracement and soon it will retest again at that level if it break the $72k we should see $73k this week then huge drop again. That's just my prediction according to the daily time frame patterns.
sr. member
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Mate, you need to have some patience and confidence in bitcoin. It might be facing some resistance but soon enough it will reach 72k and from there on it will reach great heights. Then everyone will be happy and generating profit. This question should never be a question in the first place. Bitcoin will still rise, we just need to wait.
sr. member
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Before the recent decline in bitcoin price, we already saw about $71,300 as of the last price I captured when I checked it yesterday, so $72,000 is just something that can be achieved even before a week.
 
I was expecting you to ask questions like $90,000 and above on this upcoming bull run. Only then can we start cracking our brains and making our own assumptions and speculation too, because for me, I personally believe that Bitcoin might see $100,000+ this coming bull run. I don't know when that will happen, but I'm certain it's going to happen.
sr. member
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Can't say for sure because bitcoin is a volatile asset and it has surprised a lot of people in the past, I don't think it's even worth doubting what boundaries in prices that bitcoin break anymore because people have witnessed it so many times that it's stupid of you to do any kind of doubting and the demand for bitcoin is slowly growing everyday which counts as a factor to the possibility that this might not be the peak, there's still a long ways for the market to pump in prices so better if we just wait and believe in bitcoin. Hodl your bitcoin and trust the process, don't stray away from your goal because once you do, there's going to be a regret for you.
hero member
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Goodnight, ohh Leo!!! 🦅
Will 76K USD (60K GBP / 70K EURO) ever be reached, no price is certain with BTC as we all know but hearing personal theories is welcome relating to price.
We don't have much time.... In a few years to come, I/3 leftover of unmined coins will be mined and, at that time, the value is expected to reach it's peak. So judging from that perspective, coupled with the past events that fuels it's entirely reaction in every 4 years, I can say that Bitcoin hasn't superceded its ATH just yet... We're definitely gonna be ushered into a new phase of ride with the surge.

"Seems like yesterday already and, almost everything has changed - although Bitcoin is still in shape, the gospel has been said and people have converted - their earnings, savings and everything"... If one had the ability to see the future, one would advice himself to keep staking up... The surge is on its way!!!
sr. member
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I'll answer you because you're a newbie. I don't support or engage in Bitcoin price predictions, but I'm confident that 72k is just the beginning of the bull market. The timing and extent of the price surge are always unexpected and unpredictable. Therefore, make investment decisions independently and without being influenced by social media sentiments
hero member
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Will 76K USD (60K GBP / 70K EURO) ever be reached
Yes.

Playing devil's advocate here, this isn't my personal belief but in fact a viewpoint that I would like opinions on.
I understand and you just want to know everyone's opinion of the current status of the market. So, it's now time for you to share what's your take and belief on this matter to see what's your stand about how high or low Bitcoin can make in your honest opinion and analysis.
newbie
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Hello All,

Hope everyone is well!

Playing devil's advocate here, this isn't my personal belief but in fact a viewpoint that I would like opinions on.

Will 76K USD (60K GBP / 70K EURO) ever be reached, no price is certain with BTC as we all know but hearing personal theories is welcome relating to price.

Thanks everyone!

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