Topic: Is $84k the Peak for Bitcoin？ (Read 656 times)

Well that is because there are millions of people, some very rich, who may think opposite of what we think, and that's the important information we need to keep in mind. Some people look at charts, or sometimes not even look at anything, and they say "I believe bitcoin will go X direction", it could be up or down, doesn't matter.

However, nobody asks "what do I think general public or the majority thinks the direction will be?". Because if you know that, you probably know where it will go. Do not consider yourself as the point, consider the market as the point for it. If you take the market and see what people are inclined to do at that moment then it is quite likely that you are going to end up getting richer that way.

I guess that is a big lesson to us, when we thought that the price will go in this direction, suddenly it goes on the other side of the spectrum, but we should understand that specially on how volatile the market is. So we don't know if we will reach a new all time high in the future or the price going down. One thing though is that those who have been in the market for so long, have almost seen everything. So even if the price is going down, we remain resilient, we become smart investors and then we wait for the right time for the price to bounce and usually it happens specially after the halving as it is the catalyst for a bull run. So what we need is more patience, we need to stay focus and at least wait at the end of the year because there is also that possibility that we might reach 6 digits this December or close to it.

The said prediction stated by @OP should have been reached if traders don't take profit but sadly traders always wanted to secure their profit so it is inevitable for Bitcoin to fall in price when these traders decided to cash out.  As these traders cash out, and Bitcoin prices continue to fall, this may trigger the stop loss feature of many trading bots creating a domino effect of selling, resulting in a continuous fall of Bitcoin price until it reaches the strong support.

With this happening, the predicted amount stated by @OP won't be realized in the given period.  It will probably be reached at a later date since the coming year 2025 is considered to be the year where Bitcoin's 4-year cycle peaks its performance breaking and recording new ATH.

No one can say where bitcoin price will reach at the moment. At a time when some thought the Bitcoin price would be bullish, it turned bearish. When Bitcoin price reached its peak i.e. 73K many thought that the price will cross 80K but in reality we have seen Bitcoin price fall again after touching all time high. Currently Bitcoin price is standing at 60K and there is a possibility to go down further. But when it turns bullish again, a new ATH may form above the previous ATH. Bitcoin can cross 80k at any time. However, according to previous ideas, we may not see Bitcoin price becoming bullish soon because Bitcoin may take time to become bullish after the halving.

This thread was created about 4 weeks ago but the price of bitcoin has not shown any signs of being bullish, and if you look at the current market situation it is quite difficult to reach $84k in the next two weeks. Even if we look at the current market situation, the bearish potential is much greater than the bullish potential. That opportunity will always be open and maybe we have to be a little patient to see Bitcoin become bullish again and reach a much higher ATH.

That is right, having volatile stuff is fine, there is nothing wrong with what we have and I think it is going to be something that will take a while before we can recover. This is why I believe that the best thing we can do right now would be just understanding that we are going to have a little bit of trouble. This doesn't mean that we are going to be doing all that bad, but even if we do badly, then we should realize that whenever we do badly, we are not going to end up with anything bad forever.

We are going to end up with something that will take a while and this is why I think it is not going to end up with something that would be too much troubling, just realize that it is going to take a while but it will be good again.

Yes increase and decrease can happen any time and there is a possibility that price will move higher than the range of 60k$ and will go ahead than 70k$ but before that there will be regular pump and dumps in the price of Bitcoin. Actually nobody knows the reality but everyone is trying to predict the market which is not guaranteed and changes can take place anytime.

In previous days there was a dump that occurred that moved the price to 72k$ but now it again turns down but worries to be not because we have to cope up with these changes and fluctuations as these changes can only help us to make a revenue through Bitcoin investment.

As it happened before, a huge bullrun can happen a year after halving, so, that's why I expect it next year. In the meantime we may see some downtrends, but we shouldn't be afraid of that because we believe in Bitcoin's potential.


Bitcoin can be hyped with us doing literally nothing. Right now 200 million people own Bitcoin, and that's a small number compared to what it should be. I think 2 billion is what is more or less realistic. I think so many people will want to own Bitcoin the near future and that inevitably will push the price up.

Surprises can happen at any time, even if they happen sooner than expected. Who would have thought that a new ATH could actually be achieved before the halving, but it became a reality before the halving last April. In my opinion, for future prices, it could be 2x the previous ATH or maybe higher in 2024 if there is a drastic increase in demand.

No one knows the future, of course, but an increase can be expected when demand is so great.  $100k have been a realistic target to hope for this year, but there is no certainty about it. Don't get your hopes up that the price will be that high without huge demand, this should avoid a lot of disappointment.

I do not think that it would happen this year, that would be a little too much but I can see how people can see 200k in the future. I think next year makes perfect sense, not saying that it will happen but 200k in 2025 sounds totally possible to me, looks like something that would benefit everyone.

I feel like the best thing to do right now would be just realizing that we are going to end up with a good return, so it shouldn't really be something that will take that much time, I believe that we are going to end up with something that is not going to be all that crazy at all, we should probably consider how to get richer and more profitable with time, and for that to happen in that sense, we should probably consider how to get bitcoin to be hyped first.

Very positive end to the week and for the weekly bar, so we might be seeing some positive action build from this close above resistance.   What happens next is important to build on these gains, just getting here can be a margin of error that is corrected in the next days or week until we end up negative and in decline.

If we were to continue this rough trajectory in future I'd estimate October for a 84k price.  What I imagine actually happening is far greater gains after we lose the ATH area and push past it, many more speculators and other buyers may join in at that time.   The rate of gains tends not to be a constant, we gain alot then lapse in that trend and possibly even lose some pricing.

I've heard at least one commentator whose day traded for decades call out BTC as rising here so I'm very interested to view their reasoning for that call.

One of the thing with most assets, including bitcoin, is that we may know a price increase is almost a certainty, but we do not know when it may happen, bitcoin getting to the 84k level is expected during this bull run and I am sure it will soon be left behind once the demand for bitcoin increases, but just as this could happen during the next 6 weeks as the OP predicts, it could happen in a year from now, a realization that made me think long time ago that trading is not really for me and becoming an investor was the way to go.

Yes, we saw that several times, didn't we? So, $200k is not something unimaginable this time. Can it happen this year? I'm not sure about that, but I expect something like this next year.

For potential wear, I never doubt when we talk that what we are investing in is BTC. Now let's compare it with current market conditions. The price is still rotating at $67,740 and this is still in an accumulation condition and there could be additional declines.

What is needed now is that BTC has to get out of its resistance area and quickly make a price reversal and hopefully the support price doesn't break.

The price of Bitcoin will definitely increase, because you will notice that after each halving, the price of Bitcoin will increase. But there is a break in the middle period that we are in now, so wait for a while and Bitcoin price will definitely move towards a bull market. Because every level Bitcoin price will increase, it is most likely to start in late 2024.

however, it is still a prediction, but the potential increase in the current price of bitcoin could occur at any time. Until now, bitcoin is still stable in the $60k range. I think, in the next few weeks, maybe the price of bitcoin can reach a higher price. However, I think once the price passes $80k, then a bull market could arrive, and the price could push higher.

Not even close to a peak for BTC in this cycle I think we can go further once its cleared this ATH area.   We are not especially negative or sounding out the top of the market it seems like, some have got fear of that and sold off but I also think they rebought at least some of what they sold in many cases.

 In 2021 the December peak was quite telling because it was a twin peak, a second attempt at a high which was lower and failed to surpass and that became the top.  The market was exhausted at that point both locally, this sector and beyond overall the market sold off past that I think though it wasnt all at once.  Not that long after was the Ukraine war start and a new direction, basically we have reemergence of big defense or military and weaponry type spending so alot of money went that way.

I see this from various perspectives. Bitcoin will eventually reach a price where it becomes very difficult to pump again. At that point, it will resemble assets like gold and silver, which experience price swings and provide opportunities for profit-taking. The market for Bitcoin is too significant in the financial world to ignore, and considering the unit of Satoshi might be a stretch. Bitcoin holders could become wealthy enough to influence governments, which might prompt a reaction from those governments

The Bitcoin halving took place in April 2024, after which the price of Bitcoin began to rise. From past halvings we've seen Bitcoin prices start bullruns going into the next year. So it may take place towards the end of 2024 . the bull run will start in 2025 as well. And this bull run will be held, and there is a very good chance it will be held up to $150K.

Just as what we're telling about when might be the bull run or how long we need to wait for the peak, just the same answer - it's only a matter of time.

As for $84k as the peak, we don't have an idea yet. BTC has to break new ATHs first and able to make it to $84k.

I hope so that $100k-$150k will be reached in no time and it's more of the analysis from this thread but it's not also a fantasy based on the historical price and cycle that it has got.

It is true that the past history will not be the same as the future even the current cycle has been ATH before the halving even though it was not at the $100K mark that we predicted, but history will always be there for every bitcoin cycle even though we never know how many times this increase will occur, can it be 5x? We are expecting something very high in the future.

$100K or $150K for me is not a wild guess but it makes sense in terms of the cycles combined, some investors expect this to happen soon and we just wait until after the 1 year halving then the rally will come or is it stuck at the current price?

But we are optimistic for bitcoin where there is always an important number value in its new history, maybe we are now a little bored the price continues to be in the current area but the bullish time has not yet arrived now.

I think that's what most of us here are looking, around that price range, not just because we wanted to, but because of what the numbers are based on it's previous historical logs. I know that past events is not equal to the future, but still it can still hold some value and that's why we come up with that kind of numbers. Besides, Bitcoin data is very young and we can only extrapolate as much data base on it's past.

Nevertheless, it could be a hit or miss, but there's no harm is trying to make a wild and educate guess as to what price will be our next all time high. And with that, $84,000 is not going to be the peak for this cycle's bull run. We might be surprised to see how easy it is to break this number if we got to it.

If we do speak about potential peak and something which is realistic then 150k-200k for this year cycle. Above that? It would really be something that would really be that hard to believe on but of course we do know that Bitcoin could really give out those kind of surprises on which the community or entire market didnt really expect to reach out those numbers. This isnt the first time that it do give out those kind of conditions that it do reach out those numbers that we didnt expect for it to happen specially now that institutional funds are flowing into crypto space on which there would really be that high probability that w could really be able to hit up those numbers but of course profitability will really be that depending on how well you do able to place yourself at the bottom.

Peak is something that everyone is really that trying out to speculate but it would really be better that you should really be mindful on accumulating Bitcoin as much as you could.
We arent that still on a bull run yet and making out some entry as of this moment would really be something recommended.

I would settle myself on $100k-$150k as this year’s peak. It’s not really impossible actually to see that price because bitcoin is still taking a slight progress every now and then and when it’s done consistently, we will soon to witness a new all time high at the end of this year, or probably next year. We just need to focus on the possibilities and not settle on unrealistic views and predictions, otherwise we are hitting against bitcoin.

Of course not, who thinks like this, and why? I mean bitcoin could go above that at all times, we may go above that in a week if we the market was on a bull run, there is no reason that we keep thinking that there is a max to it and we should just consider how we could make it work one way or another.

I believe that we are going to go above 100k+ in either at the end of this year, or we are going to end up seeing it change with time, and that is why I think that we are going to end up with a much better result. We should consider how to get better, and that means we are going to see the changes with time as well. I believe that 2025 could be the year we see 100k+ as well, but should be early, like within first quarter of 2025.

It could be a slow process though, the bulls herd are not yet on the run and so bull run or a massive run is not yet with us. However, we all know that sooner or later, it will have to happen at some point. And we are continuing to trade sideway after the halving so it's a good indication that at least, there is no massive dump that some have been speculating. So patience is needed here, who knows, maybe at the end of this year the price could be very well above this $84k that the OP is speculating. And for those who have experience previous halving, the bull run is going to come, and it certain to happen eventually, although the exact timing is not known. Maybe in 2025, we will finally see 6 digit and a new all time high of around $120K or more.

I think it will be more than that, but I doubt it in the near future, because I think after creating the ATH there will at least be time after the halving for there to be a correction so that there is the ability for bitcoin to get a boost to continue increasing until 2025, when it will create an ATH renewable. Maybe if there are no obstacles, I think it's reasonable to get it at the end of this year, so that next year it can reach a peak which might be more significant and not just up to $100K.

We should expect for Bitcoin to get more than $84k anytime soon, it's not over for the bull season yet since we are still having post halving experience and the bullrun is still moving ad expected ad well, as to am extent bitcoin can get to a new all time high at anytime before the year end, I also expect to see bitcoin getting to a new all time hime of about hundred and fifty thousand dollars, we should see how far this can become realistic as the time goes on.

84k seems a reasonable prediction which can be reached during the next weeks, but reaching 100k during that same period is extremely hard if you ask me, as the demand for bitcoin will have to surge dramatically for this to happen and I do not think this can occur so soon under the current bull run, besides 100k is most likely going to be a psychological barrier for a long time, so I would expect the price of bitcoin to remain close to it for months before it is finally surpassed.

You’re right. I believe bitcoin is highly capable to reach higher than $84k so let’s aim more than that. Bitcoin creates unpredictable surprises and it could hit 2x or 3x from its previous ATH, regardless how volatile the market is. Now, if we’re talking about bitcoin peak price 6 weeks from now, I guess I would go for $100k, but it could totally achieve $200k once breaking news hit positively the market.  

The highest price of Bitcoin ever was $73k +. We all know that Bitcoin is volatile and can rise to any amonut or depreciate to any amount so why saying peak  and remember peak is the highest point  of an object or something and for your information Bitcoin haven't reach $84k before so why asking if it is the peak. However, I believe Bitcoin is going to skyrocket but I can't really tell how long it will take to... But let just keep hoping but I don't see Bitcoin appreciating to $84k within six weeks though it will get to that but not sure it will take this short interval of time.

Me too. Why do they say that $84k is the upper limit? I don't understand that. I think, as it is almost always the case, the new ATH will be 3 times higher than previous one, so, I expect something around $200k this time.

It seems like you said that in reverse, mate, because as long as I know Bitcoin I have never seen any impact from altcoins after the halving and this impact could make Bitcoin increase its price . Because what I often see is the impact of an increase in the price of Bitcoin itself which can result in most altcoins experiencing an increase in the market even though some people call it an altseason. But in general you need to pay close attention so that you don't misunderstand why there are many altcoins increasing after the halving and now there are still many altcoins that are having difficulty increasing their prices because Bitcoin is still stagnant at $69K.

Is 74k the top for this cycle? No.
Is 84 the top for this cycle? No.
I'm more of a 100-150k guy, but I'm not counting out the possibility of 180k (3x).

That would be the worst performing cycle in the history of bitcoin, so I wouldn't bet on that and it would take us from 300% that we saw last cycle to some measly 15%. By betting on that you're betting on bitcoin to completely break the trend. In other words you're betting against bitcoin. If we were to really do 15% this time and end the bull market at that, what would that mean for the next cycle? The rewards would get cut by half and we'd get even less of a bull run than this year? Nothing is certain, but chances for that are so low that I wouldn't put my money on it.

This is what they are talking about that not all times bad or not all time we are stuck in one position but the situation can also shift. The positive time has come for BTC once again, so congrats to those who extend their patience. They are now close to getting their rewards . It was still quite impressive that BTC didn't slowly recover anymore but the increase are instant this time around.

Let's see if this momentum continues later on, then I don't think it will take six weeks for us to see that $84k others are assuming about. If we truly achieve that quick, then no, that is not the peak for BTC yet this year or this current bull round but it can finally be $100k.

Of course if we can break the $74 level which is the new ATH in the meantime it will show the bull market even crazier, because it is indeed resistance that is very difficult for us to touch, we may still be in the current console stage in forming support to be able to show that bitcoin can go much higher even above $84k for this year and allow us to reach $100k for the first time.

The momentum is gradual in my opinion, and we are still accumulating, maybe after the presidential election or at the same time it will give us a tremendous opportunity because it usually triggers a bull market as well, while one of the candidates now supports the bitcoin community, most likely we will get it even if not in the next 6 weeks.

If Bitcoin's price goes above $74k which is where the resistance is at the moment, I don't think it is going to stop at $84k or around that range. The whole market has been expecting Bitcoin to hit at least $100k this time around, and considering the increasing demand and the unfolding events of the industry, I don't think there will be anything stopping Bitcoin from achieving that.

All it needs is some momentum, and if it gets that momentum, and manages to go above $74k, then it will keep rallying up even after that, and it won't stop before it hits $100k because when retail investors will see the price going up, they will start jumping in as well, and we know the price starts going up more when there is more demand.

Unfortunately, it is not easy to increase the price of Bitcoin to such an expensive price. $100k may require good news that can trigger investors and whales to buy more Bitcoin. The bias is that one year after the halving, the price of altcoins will rise and will most likely have a direct impact on the price of Bitcoin which will increase the price too.

The whole market will always be unpredictable. And I think that makes it more interesting to invest more in bitcoin since the chances to see it increasing its price in the next few weeks will always be possible. Who knows, we won’t just settle into $84k but cross higher than that, that’s how volatility become an advantage for everyone instead of seeing it a threat to all investors and traders.

However, we won’t close the idea as well that bitcoin could end up reaching another dips. The market is uncertain that makes it hard for us to see where bitcoin price is heading, as it could move forward or backward.

It is predicted that the price of bitcoin could reach over $100k after the halving, but we all need time to see it become a reality. $84k is a price range that is very likely to be achieved in the near future, in fact I strongly believe that $84k can be achieved in a few months or sooner.

There are many predictors saying the price of bitcoin could reach an increase three times greater than the 2021 ATH, if that is true and the cycle repeats itself, then of course $100k will be far behind. I may not be that optimistic, of course 3x of the 2021 ATH is $207k, but it could be possible to achieve if bitcoin demand is very high. The average of us is optimistic about higher prices, so of course all we need to do now is be patient.

Achieving the value of 84k$ will be a sign that it can attain a huge price anytime but it cannot be a peak for Bitcoin pumping because people are still buying more so this can eventually lead to more pumping and maybe till 2025 we examine the price of Bitcoin to cross the value more than 84k$.

People already have to settle their target of 100k$ which is not hard to obtain but if someone has the patience to wait until the attainment of the target happens. Current worth is 69k$ so I think it will not be too hard to hit 84k$ in this year but 100k$ will take time.

It's only been a month since the halving, and now you're thinking about the peak price of Bitcoin, and it's really specified that it's 84k$. I can't quite figure out why that's what you immediately think will be the peak of the bitcoin price. Do you have any idea how long the bull run will last? 

The $84k will just go through that. No one knows when that will happen, but what will be the peak price? You know, instead of thinking about such questions, just save cryptocurrencies that can give you a nice profit.

Bitcoin is known to be notorious at making the experts look like novice in retrospect. Perhaps Crypto Banter saw the momentum with which bitcoin was surging from last week till now before concluding that it will break the all time high which will make price reaching $80k and a little above before retracing to test the present all time high. I am not disputing technical analysis, just that rate at which it gives wrong answer is alarming. Just now we have seen that bitcoin is already retracing without testing the all time high and I wonder if Crypto Banter will still maintain the same opinion now. Bitcoin will eventually reach $100k, what is just difficult is knowing when it will happen.

if bitcoin can reach 84k in 6 weeks, i won't be too surprised, even if it is achieved in 3 weeks, i won't be too surprised, seeing that bitcoin still has the momentum to break through a new ath. it's just that we can't predict when it will happen, because some predict that it will happen next year or next month. but whatever people's predictions, i will remain optimistic that 84k is an easy point for bitcoin to reach and it could be even more.

That's not for us to say, $20k isn't a lot of numbers for bitcoin to easily cross in just a month and I believe that there's probably even more surprises in that six weeks, it's still unknown but with the volatility of bitcoin and following the chart of the previous halving cycle, I think that we're within bounds that in six weeks, we would see bitcoin go up to that price or maybe even higher, it's not easy though as there's resistances at certain points in the market. Hopefully, a lot of us are prepared for whatever is coming because if you're not then you'll end up losing when what you didn't account for happens.

Available around the end of July based on predicted times.
$84,000 price prediction which wouldn't surprise me who was waiting higher than that price. And I'm also not too worried about how long it will take to wait because the level of patience for the bull market is still strong.

It is still possible for price estimates based on analysis from these sources to be close to the results if we monitor market movements several months ago before and after the halving.
My initial estimate, if Bitcoin breaks at the $80k price level, then reaching $100k is a little easier to break.
Let's just wait for market price movements.

its the all time high price reached by bitcoin in every bullrun that matters from my honest opinion, we can disregard the volatilty at the mean time because it only mattes when people are trading or investing with short term time it's not gonna be that meaningful for us that aimed higher price with holding long term these volatility at best just a decoration.
so i'm not really worried about whether or not the price of bitcoin gonna reach that high from the data of past all time high and how much percent it climbed up every time.
like you said, bitcoin could reach more than that, most people still don't believe it, but bitcoin can always make surpise price surge.
for good holders that have been holding since many ages ago, they even have set a higher target with the price around millions until they finally cashed out their investment.

Bitcoin is very volatile and price prediction is difficult because we often make short-term predictions but if we zoom out and think long term, I think predicting bitcoin price is not too difficult. If we stop making short-term predictions and set long-term goals, I think the target of 84k$ is not too difficult for bitcoin to achieve and even 100k$ or more.

Even if we have more bad news spread and bitcoin may correct lower, but in the long run, bitcoin will soon recover and rise again. Based on history, bull season is approaching, we should not let bitcoin's short-term volatility cause us to waver and sell bitcoin too early. Hold and hold is the only thing we should do now.

If we are all optimistic here, I guess $84k is lesser than what we expect to see in the market. It could be $100k or above, that’s what we want to witness happening in the market. However, bitcoin price is highly volatile that makes it so unpredictable to anticipate a price. Reality is we can witness higher or lower than $84k, and we have no control of that. But if positive news and updates will consistently hit the market, then it’s highly possible for bitcoin price to achieve $100k at the year end or even higher than that.

with BTC being $70k while individuals only have a fraction of BTC will feel not so good still.
the more uncomfortable it could be for someone who only holds altcoins whose money is less than 50% since the last time they bought during the 2021 peak.

once those individuals feels like they are satisfied and have just cashed out a loot, that is probably the time you can say BTC has peaked.

For one thing am certain about is that no one can truly tell the right and correct prediction of the Bitcoin price so  I guess he is also speculating about the price and again I think can hit $84k no doubt and it's just a matter of time and when because this particular period now is the bull market although it haven't yet picked off but am certain that it's just a matter of little time and when Bitcoin starts shooting high it may likely hit $150k or even more for me what I fear most is the big deep that will come after this bull although it's an amazing opportunity to buy Bitcoin again and wait for the four year circle but many would chicken out and sell off at the wrong price.

in the near term it is difficult to reach $84k, but in 6 weeks time it is very possible because the halving momentum is still very strong. For me the important resistance is $70k because Bitcoin has crossed $70k several times but failed to hold and the price fell below $70k again. Another source that I read is that in the next few weeks Bitcoin has the opportunity to reach $90k, and if this price increase really happens, maybe this will be the bullish start that we have been waiting for.

6 weeks is not my expectation, I think the autumn if its at all happening this year.   Quite a few people think 84k too modest for a high especially, I just think whatever the figure it will be more time in the making.

Autumn is when action has picked up in prior cycles and also its well known in the wider markets that autumn not the summer in northern hemisphere tends to be when a market moves most.    We are still tied into Dollar markets as BTC is mostly traded and quoted in that frame, so I do tend to believe BTC bias will match autumn.  I'd need good reasoning otherwise.

The standing bias for youtube or any commentator who needs to sell a story & create hype is to state this has an immediate timescale to  happen now.   Rarely are things so well tied up we know when where and how much will an event alter the present conditions, its all loose and subject to change based on a variety of factors.  Government leadership altering, politics, economic news, anything really

My guess on 2024 was old ATH was the rough top, so far we've stayed in orbit of that.  However if we really broke free and clear, I'd guess we can go higher then just 84k.

there's so many reasons why bitcoin should start pumping that prices up like the events you mentioned, bitcoin being approved of ETF around the world is an achievement.
I think many people overlook this but people should appreciate more about the fact that bitcoin becoming legalized investment for the masses around the world.
considering that bitcoin starts from literally zero all the way to current price, its already good enough.
so I think the peak will be a lot more than whatever people stated here, there are many influential figures so bullish about it even go as far as investing by the millions.
should we just ignore the opinion of the billionaires that thinks bitcoin will reach 1 million in the future where they've proven themselves capable of becoming billionaire or millionaire I think they are also capable of envisioning what the future gonna be.

Didn't we have a correction after bitcoin hit $73K? So I think there will be no further correction, we will soon conquer higher ATH in the coming months. Although bitcoin is unpredictable, what is happening is very positive for us, Trump openly supports cryptocurrency, ETH ETH is about to be approved, bitcoin ETFs are buying a lot of bitcoin every day causing supply shock...With all this bullish news, I believe bitcoin's correction is over and bitcoin will only go up from here. There is no reason for us to be pessimistic at this stage, our job is just to wait for the bulls to come.

What do you mean by "the peak for Bitcoin"? The peak Bitcoin price for 2024 or the all time peak price of Bitcoin, which will never be reached again? If you are talking about the yearly peak price of Bitcoin, I really don't know if 84K USD is the goal. The BTC price might be above 84K by the end of 2024 or 84K might not be reached in 2024. I expect the market to calm down during the summer, so there's no reason for me to believe in such short term bullish predictions. It's more likely that the price will go back to 60-65K USD, rather than going up to 75-80K USD.

I agree. It’s certain that bitcoin will eventually reach $84k few weeks from now, and I think it’s not surprising anymore. But most likely, price correction will be visible first before we will hit that amount. However, hitting the target at $100k creates more interest and motivation to all new and old investors here. Because once it happens, that proves that bitcoin price has reached another level, which I think creates a huge advantage for all those who believe in bitcoin.

The thread title is misleading indeed, it looks like the OP is asking two different questions

Is $84k the Peak for Bitcoin？
Bitcoin could potentially reach $84,000 within six weeks.?

So its a NO and YES answer.

No $84k is not the peak for Bitcoin, I can say that with certainty, it will surpass that... at
some stage in the future if not short term.

Yes a six week window to reach $84k is possible. ATM I believe that we are hovering in an
approximately $69k window because of something to do with short positions, if and when
they start to liquidate the market will shoot up as more and more in a chain reaction
get liquidated, easy to reach $84k in that scenario.

Maybe I also think, like you,. It's not sure that $84K is the second ATH that bitcoin will do. It's too early to say that, because the second ATH is in 2025 and there is still enough time for bitcoin to be able to make more movements after $73K.
I'm not sure if there will be an increase in the next few weeks. In fact, maybe there will be a correction first.
The correction is to strengthen Bitcoin. It can get a boost from trading that occurs because of the correction, so the price will increase. It is not impossible that $100K can be reached by the end of this year and not be its second ATH.

I don't think the price peak of Bitcoin is going to stop at $84. Bitcoin is a very volatile asset, and people cannot really know the price it can be at a particular month or day. So many people have predicted that Bitcoin will get to $100k before the end of the year, and I think that even if it's not possible to reach that price, we might definitely surpass it by next year, which is the year that is expected for the price of Bitcoin to get to its peak price. If perhaps the Bitcoin price hits $84k this year, that means it's going to get $100k by next year. 

That's the sad realization that people do not understand why bitcoin went up. A lot of people see bitcoins history, just a few dollars at one time, even 10k of it for just two large pizzas, and they assume that if they can "find the next bitcoin" they can get richer.

I have even seen people who ask "what if shiba reaches 1 dollar?" and in that example shiba is just example you can put anything else, not realizing that price means anything and marketcap is the only thing that matters, they make calculations in a way where one token could be 50 trillion dollars marketcap, not realizing that is impossible. So all in all, we should realize that people do not know what they are doing, and making mistake because they are uninformed.

Nah, I don't think that $84k is the peak for Bitcoin price because I am sure that Bitcoin can increase more than that price and perhaps, it will be at more than $100k. But if that is for the next six  weeks later, it could be happens as the Bitcoin price now is already on $70k-$71k.

We will see the other ATH for Bitcoin, whether it will happens this year or next year. All indicator can show the data but we don't knows the truth because the price can go to anywhere and we can't predict precisely. We can only guess the price and prepare for where we wants to sell our Bitcoin.

Six weeks is a time that I think is quite short although it is not impossible for Bitcoin to increase from the $70K price range to the $84K price range. But considering the series of price distances from now to the predicted price, of course it must have a greater influence or positive impact for Bitcoin so that it can increase to that price so sharply in the six weeks that you mean. Because the price of Bitcoin will not move by itself if there is no influence that can make it move, either through greater demand or through large numbers of buyers.

agreed, OP prediction is pretty optimistic one the 20% rise will be very bleak in my opinion with the acceptance of ETF and all.
we are expecting more and many analyst even agrees that bitcoin have the potential to break through $1m at least within few years forward right now more realistic target woul;d be $100k which i'm pretty sure will be quite easy to achieve for bitcoin right now.
no need to wait too long this mark probably reached within 1-2 months since market has been pretty good lately its overall bullish again.
even altcoins has been jumping high this week alone making up for the lost occurred before this current rally which seems to be signaling that the bullish will be huge and surprise people a lot.
i'm hoping a lot right now that bitcoin could even go beyond $100k and i'm sure it will.

     There will still be a retracement; it's not over yet, to be honest. What most people think is that bitcoin will start rallying, but I don't think so. It's too early for what you're thinking to happen. That's why many people get carried away or become victims of fake rallies.

     Most people don't know that this can happen right now because there are whale investors who are manipulating the other majority communities here in the bitcoin space to buy and sell, and when the target is reached for some of these whale investors who are positioned to sell, they are sure another correction will happen in the market.

Hmm I dunno, it's possible similar to how Bitcoin just bulldozed over through the 50k and 60k in the past, but considering that we were held back for quite sometime below 70k, I'd much rather doubt being able to reach 84k though. There's still a chance though if you add how Bitcoin was stagnated, it could be a sign for the market that it's able to break through now after solidifying that 60k position, but if I were to pick between the two, a position in the 70k levels would probably be the current state of the market for now.

And besides, even if we do break through to 84k, we'd most likely go back down again to 70k ish just to stabilize the market.

Yes, it's very unlikely that this will be the peak this bull run cycle. Even at the end of the year, we could be looking at around $100,000. And then we have the whole of 2025 to make another all time high.

And as what history tells us, usually it will be like 2.x of the previous all time high. So at $69,000 as our last all time high, so we might be looking around $120,000++ as a starting point for what could be the peak of this bull run.

Well, it's kind of realistic prediction based on those elements that was mentioned in the OP, but we could actually see bitcoin reaching that level in less than 6 months because of the bullish market sentiments, It could even go past that level since a lot of people are also very optimistic about the 6 digit figure in the next several months ahead.
Fear and greed index shows extreme greed compared to the last couple of months, so this means we are already heading there, this same reason why I am quite optimistic that we will be seeing bitcoin hitting around $80k in less than 6 months.

Yeah, that is possible to reach $84k in the next six weeks. But I will cautious everyone to really not put too much emphasize on the price. I mean we are already in the bull run and we all know that sooner or later the price will go on parabolic rise. So the best thing to do is continue to accumulate as much as we can in this market.


But fundamentals as well are very important, and overall the sentiments will be bullish all throughout the year. So regardless on what the technicals are showing in the chart, it will coincide with what the fundamental are and it will equate to the price going up this year and if we talk about the peak, it should be around last quarter 2025 for a $100k or higher all time high.

I do not see why this could not be possible, 84k is not that far away and six weeks is more than enough time for that price to be reached, what we do not know is if at the time the bulls will be on the mood to try to make the price to grow that much during that time frame, after all just as that movement could happen during the next six weeks, it could also take bitcoin six months for that movement to appear, so the most important thing right now is to accumulate the bitcoin that you can while the price is still below 70k.

Wow I did not realize BTC is consolidating for 82 days, its seems like either you are wrong or I was too ignorant that I did not notice either way, if its really consolidated then thanks for sharing it. And I also did not saw the RSI and if its lower then that's a good thing its means we are ready to fill our bags for the moment, and we all know considering the history of BTC it will go up and will make new ATH of this bull season.

Although the ETFs approval had changes the history but still I believe in BTC that it will broke the ATH again, considering the amount of BTC being demanded is way more then supply, I can say adoption is way higher then before, and the market cap of BTC is just enormous. $84k although is a good target, I hope BTC would be able to achieve it in time. Overall, the time of six weeks should not be taken for granted, because most of these influnecer giving time, sell or buy before that time so they could make some extra money.

No one can exactly predict where the peak of this Bull market would be, and to me this is the hardest thing any technical/market analyst in the world of crypto can do, even the stock to flow model by planB which seem to predict Bitcoin at some point began to fail, everyone is just speculating in this market, and I kind see this as his own view of the market nothing to hold on to, But to me I doubt if Bitcoin will peak at 84k and if that happens, this would be the shortest Bitcoin Bulll Market ever to experience. And meaning the law of dismissing return is the course.

Very unlikely that $84,000 will be the cycle peak. If you’ve been in Bitcoin for more than 5 minutes then you will know this already.

The previous cycle high in 2021 was $69,000. We’ve never had a cycle where the ATH was so pathetic that it barely rose 20%.

No mate, literally no one could predict the Bitcoin's price and we see all such speculation only when the market is upward and we don't see them often during market dip. Bitcoin may even cross $84k or even $100k or even drop below $60 k once again hence we cannot predict much about Bitcoin unless there is a strong factor threatening it's usage which usually results in temporary dump.

No one can predict on what will be the peak of bitcoin, so don't put all your 100% trust to anyone predicting about the possible price to reached or achieve by bitcoin since everything in this matter is unpredictable. But make those statements or what you see on his video a guide to learn something since somehow we can get an idea from them to use for certain thing that we should do on our investment with bitcoin.

But its really great to see bitcoin to reach at that price since this will be a new record to be set. But a lot of us want to see that bitcoin would surpass to $100k since this will bring bitcoin to another level and for sure this will create a lot of hype on different channels then those will also generate a lot of attentions.

It's not just him, I guess there are many people who are investing mainly in altcoins rather than bitcoin. Simply because everyone wants to become rich with a small capital and to be able to do that, investing in altcoins is the only choice because bitcoin cannot help them do that. But not too many people will admit that they are investing in altcoins because as we all know the forum does not like to discuss altcoins. Personally, I also invest in altcoins but I don't put everything into altcoins, I balance everything because the higher the profit, the higher the risk. Bitcoin should still make up 40%-60% of our portfolio if we want to leave ourselves an exit.

It sounds like you have a lot of altcoins holding right there in your wallet, well for me bitcoin price is now in bull season it started to rise above 70k$ and continue climbing i dont know when it will going to stop or continue to rise up to 100k$,we are hoping that it will because after the bitcoin rise altcoins always follow the trend and that is a profit to the small time holder like us.

everything is possible in bitcoin it can even reach above 100k$ this year if it will continue to rise until fourth quarter of the year 2024,it is expected that it will reach a new ATH, but nobody knows that this could be this year so everyone is now surprised that the bitcoin reach another ATH and hope that alt season is coming for our holdings to rise and gain profit for good.

Don't get serious, it's just a prediction so whether it happens or not that's just a guess. But if it happens then that's a blessing to all of us, and all of us are going to be no doubt happy.

That is because we're in a cycle every halving's done, the bull run starts.

Forget about those that don't buy even until now, they've been given a lot of time to buy but they only want to buy when Bitcoin's up.

For me, the crypto banter predicted rightly, and the level ($84,000) is fairly reasonable and potentially possible if I must say. However, it is not new that people get silent when the price of Bitcoin is depreciating and also during the FUD times when the market is highly indecisive. But when it is rising again, you see their energy coming back to life with various predictions even as most of them are just running their mouths anyhow.

Regardless, I remain committed to my trading chart above anything else, and people's predictions are mere hearsay to me because I am very good at analysis. That was why I know that what the guy called out is fairly good as well, it is never outrageous because the market is nearing the ATH at about $73,850 again, it needs a breach above that level to call it serious on the bullish path. Nonetheless, it is bullish in trend today and has a lot of strong support levels of different strategies backing it up. So I do not see the market breaching below the $60,000 psychological level again this month, and the hesitation of it not moving lower or breaching notable support level means that it is becoming stronger and the hitting of a higher level can no longer be left out.

Still, it needs to hold below $73,850 before a serious bullish talk can be wise, and if it can breach above $84,000 as the guy predicted, I see no reason why it can't move past the level with time even as it moves closer to $100,000 which I am getting surer of that it would be hit before the end of the current bull run.

Prices could just jump too quickly and back down again. There is no telling though whether we could really hit 84k by the next few weeks. Everyone has its own analysis of this market but I think we all agree the trend is going up. All there is to happen is to reset the momentum again for buying spree to resume.

That's the kind of prediction that I like to hear and that's not impossible because anything can happen in less than a day. Like we're $66k yesterday and we're now at $71k.

We are in the bull run and these prices that are being predicted can happen. Because the current price is so close to that amount.

But if it's too much like a $100k for the next six weeks, that's unlikely but not impossible in the long term.

Predictions are just predictions, they may or may not be correct, and you can also make your own predictions instead of having to rely on other people's predictions. As an investor, we are investing with our own money, so instead of relying on others, why don't you improve your knowledge and make your own judgments about the market?

Regarding bitcoin price, we all know that bitcoin is unpredictable, so accumulate it whenever possible and set your own sell target, don't listen and don't trust any prediction because nothing is certain.

No. Always remember there is no peak for Bitcoin or any other asset. No matter how much money is injected into the cryptocurrency market. This digital currency can grow, and 84,000 is not much different from the current price.

We write about cryptocurrency in the link below:

https://itjoo.ir/category/technology-world/crypto/

I would like to zoom out and see a longer picture with a bigger time frame than only next six weeks which are only 1 month and a half. The bull run of Bitcoin will last longer than 1 month and a half if history repeats.

I will not sell my bitcoin if the year is not 2025 but when I will sell it in 2025, it will depend. I plan to sell my bitcoin in Q2 or Q3 2024 but let's see how the market will move next one year, not next 1 month and a half.

I only plan to sell my bitcoin in 2025 to get profit and some cash to use in next 2 years with a next bear market but I plan to come back and buy bitcoin in a bear market. I will not sell it and exit this Bitcoin market forever.

We will have two more green years, 2024 and 2025 if history repeats.
https://charts.bitbo.io/yearly-candles/

Another speculator predicting the maximum peak for Bitcoin, to be honest I completely disagree with it. $84k is no where near the peak, it has so much room to grow beyond that. Bitcoin $1m by 2030 easily.

Exactly, BTC has almost passed it, I think all the news that has come at this time is quite good, and today we see the market is quite enthusiastic and BTC has reached the highest figure for today at $71,963.

Regarding the prediction that you got as a reference from Crypto Banter above, Bitcoin has the potential to reach $84,000 if the duration for the next six weeks is correct and perhaps the shift will still be there, but it is not very significant.

Who cares with Crypto Banter? I don't care with anyone else prediction, even if Satoshi himself predicts Bitcoin price, I won't care too.

Bitcoin is decentralized, no one can control Bitcoin including the creator.

I also can say Bitcoin could potentially reach $100K within 5 weeks, Bitcoin could potentially reach $120K within 4 weeks etc, after all he only say "could" even someone that never invest in Bitcoin can predict like that.

Bitcoin reaching $84,000 is possible but there is no certainty that it will happen within the next six weeks. We have seen the price go up and down in the past few months due to some indicators. Crypto Banter might have analysed the market with different indicators but they don't have control over other indicators, so the predictions will be based on all things being equal. 


The $100k benchmark has been one of the most popular predictions among Bitcoiners. Like you rightly said we still have a long time to go so we still have to expect a price drop. But we might reach the peak by the end of the year or early next year.   

Price is bullish alright, but giving price a time frame in which to react and go our direction ..I don't know about that especially that Bitcoin is speculative, anything can between  now and the six weeks for example if say we are hit with negative news , this could send it back down!

But of course keeping a positive mindset, I think before we think about getting a new Al time high, we shall be facing a psychological barrier which might be the real test as there is a tendency of sell orders resting around here wanting to short the market, once we survive this 90K ,100K will all be in our sights

Bitcoin is more likely to hit $86,000 and above even before the completion of that six weeks predicted, if we consider with the rate of how it is performing since yesterday, the next thing we could deduce is to make a conclusion about bitcoin is going above its all time high of $73,000 as it is currently on the edge of $72,000, so by the way of its performance currently, we are likely to make a new all time high with bitcoin anytime from now and achieving up to $84,000 may be more closer than expected, while before the end of the year, we should expect bitcoin above $100,000.


We can make effective use of the indicators in other to see how its going to perform more consequently, what i use to do is by applying series of these indicators in speculating and giving a close attention on the weekly candles, this alone will give more insight to me about the possible expectations with the market price within the target range am looking out on.

As with every such prediciton, its based on pure bullshit and its just a form of clickbait, especially coming from someone like Crypto Banter who is known for shilling shitcoins. And yeah, your title is misleading.

I think Bitcoin price is not something you can predict with certainty. In my opinion, what we can talk about is always with +-50% accuracy. Bitcoin can reach $84,000 and can reach above $100k too, but when, no one say that.

With that said, I personally believe that BTC will reach $100k+ within the nearest 4 years.

By the way, why did you put this question in the title: "Is $84k the Peak for Bitcoin"?

Bitcoin will get to $84000 is not exciting to me. What can make me more excited is bitcoin to get to $100000. Another excitement would come when bitcoin will no longer fall below $100000 but this will be a long time from now. We still have over 7 months in this year to finish, it is still a long time and bitcoin will get to $100000.

No, I don't think that a peak for bitcoin is something that we will ever see in our lifetime, I'm sure of that. Maybe for this year that would be the case but I'm inclined to believe of that possiblity that bitcoin will go to a much higher price point than that of that said analysis, I'm pretty sure that there's going to be more and more surprises that bitcoin has to offer and we just need to be ready about it, always expect the unexpected with bitcoin because the market is a volatile one, it will always be that way.

In the latest video analysis, Crypto Banter predicts that Bitcoin could potentially reach $84,000 within the next six weeks. This forecast is based on recent Bitcoin closing prices surpassing key levels, indicating a strong bullish trend.
Key technical indicators, such as the lower RSI levels, support the bullish sentiment for Bitcoin. Bitcoin has been consolidating for 82 days, and breaking above $74,000 would signify the beginning of a new uptrend phase. All indicators suggest that, with strong technical analysis and market dynamics, Bitcoin could potentially reach $84,000 within six weeks.