If Bitcoin will hit $60,000 today, what's next? - page 4.

2double0

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Quote from: electronicash on March 14, 2021, 01:16:45 AM

another drop?

let's just wait for the stimulus package to be distributed and then we can see what will happen. most probably a dip again down to 48K or so. it will keep repeating we don't know when it ends. but this is like airdropping stimulus package to crypto traders as well. if it continues to go up to $100K I'm gonna believe that it will really blow up as Keiser said.

Wait for the top to be called off soon, and see what happens when these stimulus money investors start taking out their profits. There will be panic sell, a huge one with total Fomo and much more. I don't see an end for btc as it cannot die, but when it will get down to the old levels once again soon and lick the dust, it will not recover like it is doing now because big scale companies are now treating btc as their pet and taking it where they want it to go.

KTChampions

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Quote from: Russlenat on March 14, 2021, 07:23:01 AM

It's not going up as what we are expecting, it looks like it's staying at $60k level, it suppose to breakout as it already reach a new ATH. I have a feeling that this pump might not continue and bitcoin will drop back below $60k, I hope my instinct is wrong.

If we consider this issue from the point of view of fixing profits, then I would do it on levels of more than 60k. The probability that bitcoin will do + 100% (will double) is much less likely that it will do -66% (will fall three times). If we talk about long-term investment, then you should not pay attention to today's price at all.

sana54210

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Quote from: Russlenat on March 14, 2021, 07:23:01 AM

Quote from: traderethereum on March 14, 2021, 05:13:32 AM

Bitcoin price already touches $60k. But it will not stop at that price because the price can increase more than now.
Maybe the next target price will be at $65k and then $70k. But we do not know if the price can still reach that price or not, but hopefully, $75k-$80k will be possible to reach this year.
But after it reaches $61k, I wonder how deep the price will get down because I think the correction will come after this. I only hope the price will not go down below $55k.

It's not going up as what we are expecting, it looks like it's staying at $60k level, it suppose to breakout as it already reach a new ATH. I have a feeling that this pump might not continue and bitcoin will drop back below $60k, I hope my instinct is wrong.

We just had a huge increase recently, we can't expect bitcoin to go up 1k per hour for 1 week, that would mean 168k increase in a week, which means that sometimes it goes up, and sometimes it stops, but doesn't mean that it will stop for a long time, it just gives a break. I think we are going to see bitcoin rising to 100k very soon, but I think it will be like a bit of wait, then 5k up, a bit of wait and 5k up, when it reaches 70k a bit of drop, then one week wait and a 5k up that type of increase bigger and drop a bit, increase bigger and a drop a bit, those type of things could actually happen if you ask me.

It is not going to be simple but I think it will still happen, no matter how hard it becomes, we are going to be here doing these no matter what because there are a lot of buyers, even companies ending up buying billions of dollars worth.

Russlenat

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Quote from: traderethereum on March 14, 2021, 05:13:32 AM

Bitcoin price already touches $60k. But it will not stop at that price because the price can increase more than now.
Maybe the next target price will be at $65k and then $70k. But we do not know if the price can still reach that price or not, but hopefully, $75k-$80k will be possible to reach this year.
But after it reaches $61k, I wonder how deep the price will get down because I think the correction will come after this. I only hope the price will not go down below $55k.

It's not going up as what we are expecting, it looks like it's staying at $60k level, it suppose to breakout as it already reach a new ATH. I have a feeling that this pump might not continue and bitcoin will drop back below $60k, I hope my instinct is wrong.

traderethereum

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Bitcoin price already touches $60k. But it will not stop at that price because the price can increase more than now.
Maybe the next target price will be at $65k and then $70k. But we do not know if the price can still reach that price or not, but hopefully, $75k-$80k will be possible to reach this year.
But after it reaches $61k, I wonder how deep the price will get down because I think the correction will come after this. I only hope the price will not go down below $55k.

btc78

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Quote from: Maslate on March 13, 2021, 06:56:31 AM

I have a feeling that bitcoin will break $60k anytime soon, bitcoin has a huge pump with 59850 24 hours high in Binance.
https://www.binance.com/en/trade/BTC_USDT

What can we expect after bitcoin will hit $60K, is it gonna continue or will drop?

Already Did and what's Next is 61k in which already broken , Now the target is 65k and if this will be taken so the 70k is already next for sure.
Possibility of Dropping is there but only for a while because of those who will exit and take their profit but won't effect that much because we are more waiting the 75,000$ target and this is what most of the speculation tells even from the beginning of this year.so maybe we must keep holding instead of selling.

Twinkledoe

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Quote from: virasog on March 14, 2021, 03:46:02 AM

Quote from: Maslate on March 13, 2021, 06:56:31 AM

I have a feeling that bitcoin will break $60k anytime soon, bitcoin has a huge pump with 59850 24 hours high in Binance.
https://www.binance.com/en/trade/BTC_USDT

What can we expect after bitcoin will hit $60K, is it gonna continue or will drop?

Bitcoin has broken 61K this weekend but monday will be very important. If you notice that there is not much volume when bitcoin crossed 60K. So it will be interesting to see how the monday turns out to be. Either we will see a continued green monday with volume coming in or we may see a dump to previous all time high of 58K.

Another month, another ATH reached for bitcoin. This is truly momentous event for bitcoin community. Though we experienced correction, bitcoin is going up again. It means, the foundation of 50k level is going stronger and it would be hard to dump at low price level like 30k. So definitely, our next target is 70-80k, which is more than possible to happen this year.

danherbias07

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Quote from: tertius993 on March 13, 2021, 07:09:09 AM

$60,001 or $59,999 hard to be sure ...

Lol, you read my mind.

It did just broke $60k. It's amazing how it goes up without the need for any reasons at all.
Next stop is $70k. Who would think we are this far by now after so much intrigues coming from both media and government?
Predictions are starting to come true.
They might not be Nostradamus but that was a good assumption.
I wish we won't see suicide attempts because of excessive regrets.

virasog

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Quote from: Maslate on March 13, 2021, 06:56:31 AM

I have a feeling that bitcoin will break $60k anytime soon, bitcoin has a huge pump with 59850 24 hours high in Binance.
https://www.binance.com/en/trade/BTC_USDT

What can we expect after bitcoin will hit $60K, is it gonna continue or will drop?

Bitcoin has broken 61K this weekend but monday will be very important. If you notice that there is not much volume when bitcoin crossed 60K. So it will be interesting to see how the monday turns out to be. Either we will see a continued green monday with volume coming in or we may see a dump to previous all time high of 58K.

pooya87

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Since the major psychological resistance which was $50k (round number) is now long gone, the next for bitcoin is a much smoother rise. So I don't expect any major corrections any time soon and price could hit next targets at $70k and $80k very soon (keep in mind that rising from $60k to $80k is a lot smaller than what we had recently which was going from $40k to $60k, 33% rise versus 50% rise so don't let the numbers scare you).

The next major correction (ie. falling about 30%) could happen when we are trying to break $100k.

ElmedoRator

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With current movements i can only wait and see if it still corrects to $ 55k to buy back, and the next price i will sell may be $70k -75k.
Looking back from the ATH breaking bit so far, the amplitude of bitcoin's volatility is really huge, this growth trend is not known how long it will last.

el kaka22

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https://twitter.com/AngeloBTC/status/1370679565333319681 I think angelo sharing this helped bitcoin go up a bit more. I get that not many people believe the power of one person but whenever a very influential person writes about bitcoin, it actually moves depending on what they say.

Angelo is a huge huge whale, he is one of the biggest there is, I really can't even tell you how much money he has but he has all the money in the world to just leave all of this and do whatever the hell he wants and he would still be capable of living comfortably, but he still deals with crypto. He wrote this and ever since that moment we broke over ATH and reached over 60k. Just like he says, 100k is possible, by the looks of it people are really interested in that and I think it could work the best for us, I believe we are going to end up seeing 100k this bull run before it ends.

electronicash

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Eloncoin.org - Mars, here we come!

another drop?

let's just wait for the stimulus package to be distributed and then we can see what will happen. most probably a dip again down to 48K or so. it will keep repeating we don't know when it ends. but this is like airdropping stimulus package to crypto traders as well. if it continues to go up to $100K I'm gonna believe that it will really blow up as Keiser said.

philipma1957

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I would think we retreat to 55k in any year but 2021.

This year a lot of stuff has happened and of course last year set the stage for this year.

We are 100% every day this year is higher than any ath of any prior year.

this only happened in 2009 because 2008 was zero.

So I will predict we push to 77777.77 usd as 7 7’s seems cool.

I sold a little over 60k

my next sell Point is 70k

adaseb

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$60K isn't that important but $59.5K is because that is where BTCEUR is 50K Euros. That number is much more significant than $60K. However this number varies on different exchanges, if you look at Coinbase there was a huge premium and even though it broke 50K Euro the top was only like $60.5K USD when the spot went closer to $62K. Hence there is a large cap.

So this is why price is stalling in this area. Many people had orders sitting at 50K Euros and it look a while for them to fill. Most likely the next major resistance will be for the Aussie and Canadian currencies of $100K which is around $80K USD.

South Park

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Quote from: Maslate on March 13, 2021, 06:56:31 AM

I have a feeling that bitcoin will break $60k anytime soon, bitcoin has a huge pump with 59850 24 hours high in Binance.
https://www.binance.com/en/trade/BTC_USDT

What can we expect after bitcoin will hit $60K, is it gonna continue or will drop?

Markets have the tendency to keep moving in the same direction, we know there are setbacks and corrections but so far the positive trend has not been broken so it is safe to assume that things are going to continue in the same direction for some time and it seems this is the correct conclusion to take as right now the price of bitcoin is above 61k, and what I like the most out of this movement is that bitcoin is slowly recovering some of its market dominance that has been going down during the past weeks and that is always a good signal.

aioc

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Quote from: Maslate on March 13, 2021, 06:56:31 AM

I have a feeling that bitcoin will break $60k anytime soon, bitcoin has a huge pump with 59850 24 hours high in Binance.
https://www.binance.com/en/trade/BTC_USDT

What can we expect after bitcoin will hit $60K, is it gonna continue or will drop?

Today it just hit $61k and it's going to continue TO $65K there will be a correction, but that correction will not stop the momentum to go $70k before the end of March, I expect Bitcoin to be in the $70k level before the end of the month and on the way to $100k and about the bear trend, we'll taker it as it comes just like in the past.

Kemarit

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Quote from: 2double0 on March 13, 2021, 07:48:42 PM

$60k has been breached and mission accomplished, so the next target looks near $63k and the 2nd resistance is at $75k, last one is over $100k. But as it is looking more hyperbullish, the dangers of a sell off are also high now because btc is looking overbought and it will soon get its dominance reduced due to so many newer categories getting added to crypto.

Yes, it feels good to see that finally, $60,000 has been broken. And I would say that it was a struggle in the last week or so, as it is moving sideways, at least a break out run in the last 24 hours, and thanks to the stimulus cheques.

I don't see in on the overbought though, more wiggle room to make to $72,000 this month. $100,000 could be reach probably in the last quarter of the year as usually we will see huge rally along that time. So it's hard to see what will be the top price for BTC this year, and I would say that sky is the limit.

Shasha80

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Nowadays even the Bitcoin price has managed to rise above $ 61k, this is very good thing for Bitcoin holders. Of course then Bitcoin will try to go up
to the next target, it is possible that Bitcoin will try to go up to the price of $ 75k, and after that there will be a deep correction to the price below $ 60k.
After that it will rise again past the $ 75k price again and reach the next target of the $ 100k price, which is likely to be reached later this year.

2double0

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$60k has been breached and mission accomplished, so the next target looks near $63k and the 2nd resistance is at $75k, last one is over $100k. But as it is looking more hyperbullish, the dangers of a sell off are also high now because btc is looking overbought and it will soon get its dominance reduced due to so many newer categories getting added to crypto.

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