Is Bitcoin bounce back to 60k in this year?

Mamun74

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Quote from: Pejoh Asu on May 01, 2022, 03:08:31 AM

In 2018 or 4 years ago when the beginning of the year the price of Bitcoin was around $ 17k but in June the price below $ 6000 made me think that Bitcoin had no hope so that it made me sell all the bitcoin in the wallet, but after seeing the price skyrocketing up to more than $ 60k months April 2021 made me regret and now will focus and make Bitcoin for long -term investment.

Bitchy price early dropped in 2022. Bitcoin price is staying around $40k in last 4-5 month.People still believe in bitcoin investment because bitcoin is most popular and most valuable coin in crypto market. I still believe bitcoin price movement correction. I hope bitcoin price will be more rise Again this year.I hope bitcoin price will hit $60k+ again this year.

Pejoh Asu

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In 2018 or 4 years ago when the beginning of the year the price of Bitcoin was around $ 17k but in June the price below $ 6000 made me think that Bitcoin had no hope so that it made me sell all the bitcoin in the wallet, but after seeing the price skyrocketing up to more than $ 60k months April 2021 made me regret and now will focus and make Bitcoin for long -term investment.

Joshapat

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I am always optimistic that the price of Bitcoin will continue to shine and in my opinion the price of $ 60 will be easy to achieve again, even I'm sure there is a new ATH at the $ 85K level, and the best thing we have to do is immediately buy and be patient for hold.

Baofeng

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Quote from: KennyR on April 25, 2022, 04:05:21 PM

Quote from: Raflesia on April 25, 2022, 01:07:18 PM

Quote from: arufox on April 25, 2022, 08:17:39 AM

Indeed, after experiencing a price increase to the level of $47k a few weeks ago, bitcoin slightly decreased in price to the level of $ 38k. But in the last few days, the price of bitcoin has risen again where bitcoin is currently trading at a price range of $40k-$41k. Therefore I am optimistic that the current price increase has the potential to reach the target price of $60k.

The decline won't be as bad as it used to be, I think the correction is now less but bitcoin can go back up, but if you look at this short-term momentum, buy during a correction and sell when it goes up a bit I think it's quite good compared to having to wait for $60k it's still too far off for us.
But I think the price can still hold and the resistance is $37k-38k we have to see that support if we want to move in the short term.

The price of bitcoin is moving within specific range. It can go above $60k with ease. For sure the price will undergo market correction. This corrective price movement is quite common, but the market is in good condition. The market have got good support. Until yesterday there is no big news, and today new information have come. If the price of bitcoin closes down to $38600 the midrange support will be $35400. Right now the market is very slow in either side,( Growth )

The growth might be difficult though this year as we might be in for a long bear market cycle. So I'm not sure if $60k can be achievable in this market conditions. We barely have volumes reaching $40k and it seems this will be our support for now.

The second quarter is going to be crucial, and might not look good, at least this is how I see it. But again, we have learned our lessons from the last bear market, this is the perfect time to accumulate and save BTC. And then have the mental toughness to wait for the next bull cycle.

Wawa2013

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Quote from: KennyR on April 25, 2022, 04:05:21 PM

Quote from: Raflesia on April 25, 2022, 01:07:18 PM

Quote from: arufox on April 25, 2022, 08:17:39 AM

Indeed, after experiencing a price increase to the level of $47k a few weeks ago, bitcoin slightly decreased in price to the level of $ 38k. But in the last few days, the price of bitcoin has risen again where bitcoin is currently trading at a price range of $40k-$41k. Therefore I am optimistic that the current price increase has the potential to reach the target price of $60k.

The decline won't be as bad as it used to be, I think the correction is now less but bitcoin can go back up, but if you look at this short-term momentum, buy during a correction and sell when it goes up a bit I think it's quite good compared to having to wait for $60k it's still too far off for us.
But I think the price can still hold and the resistance is $37k-38k we have to see that support if we want to move in the short term.

The price of bitcoin is moving within specific range. It can go above $60k with ease. For sure the price will undergo market correction. This corrective price movement is quite common, but the market is in good condition. The market have got good support. Until yesterday there is no big news, and today new information have come. If the price of bitcoin closes down to $38600 the midrange support will be $35400. Right now the market is very slow in either side,( Growth )

It seems that Bitcoin's support price is strong enough that even if it goes down it's never far from the price of $40k, this is because Bitcoin has
begun to be trusted by many large institutions. I hope Bitcoin can get back above $45k in the near future, because if that happens it can make
Bitcoin hype again. Hopefully next month the price of Bitcoin can reach the price of $50k first, because Bitcoin has tried several times this year
to go up to $50k, but unfortunately it always fails. In fact, if Bitcoin manages to reach a price of $50k, it's easier to get back to $60k.
Especially if there is good news in the near future, I am optimistic that this year Bitcoin will at least be able to return to the price of $60k.
So don't give up believing in the future of Bitcoin. Just keep holding Bitcoin that we have until the target we want is achieved.

KennyR

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Quote from: Raflesia on April 25, 2022, 01:07:18 PM

Quote from: arufox on April 25, 2022, 08:17:39 AM

Indeed, after experiencing a price increase to the level of $47k a few weeks ago, bitcoin slightly decreased in price to the level of $ 38k. But in the last few days, the price of bitcoin has risen again where bitcoin is currently trading at a price range of $40k-$41k. Therefore I am optimistic that the current price increase has the potential to reach the target price of $60k.

The decline won't be as bad as it used to be, I think the correction is now less but bitcoin can go back up, but if you look at this short-term momentum, buy during a correction and sell when it goes up a bit I think it's quite good compared to having to wait for $60k it's still too far off for us.
But I think the price can still hold and the resistance is $37k-38k we have to see that support if we want to move in the short term.

The price of bitcoin is moving within specific range. It can go above $60k with ease. For sure the price will undergo market correction. This corrective price movement is quite common, but the market is in good condition. The market have got good support. Until yesterday there is no big news, and today new information have come. If the price of bitcoin closes down to $38600 the midrange support will be $35400. Right now the market is very slow in either side,( Growth )

Raflesia

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Quote from: arufox on April 25, 2022, 08:17:39 AM

Indeed, after experiencing a price increase to the level of $47k a few weeks ago, bitcoin slightly decreased in price to the level of $ 38k. But in the last few days, the price of bitcoin has risen again where bitcoin is currently trading at a price range of $40k-$41k. Therefore I am optimistic that the current price increase has the potential to reach the target price of $60k.

The decline won't be as bad as it used to be, I think the correction is now less but bitcoin can go back up, but if you look at this short-term momentum, buy during a correction and sell when it goes up a bit I think it's quite good compared to having to wait for $60k it's still too far off for us.
But I think the price can still hold and the resistance is $37k-38k we have to see that support if we want to move in the short term.

arufox

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Quote from: dark1234 on March 30, 2022, 10:14:18 AM

Quote from: arufox on March 30, 2022, 06:56:48 AM

In the last few weeks, the price of bitcoin experienced a significant increase where the bitcoin price returned to the level of $47k. The current price increase is starting to show bullish indications. Looking at the current upward pattern, it's very likely that the $60k price target will be reached in the next few weeks.

before reaching 60k of course bitcoin will probably experience a correction but I hope the correction is not too deep so that $60k will occur this month considering there is a lot of positive news about bitcoin at the end of this month

Indeed, after experiencing a price increase to the level of $47k a few weeks ago, bitcoin slightly decreased in price to the level of $ 38k. But in the last few days, the price of bitcoin has risen again where bitcoin is currently trading at a price range of $40k-$41k. Therefore I am optimistic that the current price increase has the potential to reach the target price of $60k.

chikading2016

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Quote from: Usmankk202 on March 14, 2022, 08:40:36 AM

After long time of suspension of BTC price between 32k to 40k is we think it's bounce backed to 60k this year?

I think it will bounce back but i have a doubt that it will reach 60k$,maybe it will only reach above 50k$ this year, bitcoin is now stable at 40k$, there is still a possibility to rise well see next update of its price .There is nothing we can do all we need is to wait and see how bitcoin pass 50k$.

BobK71

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The anticipation is that bull market comes every four years later and now we are still in the bear market. The btc market is running within the range of 38K to 42K. Although the global situation is a bit negative now, the crypto world is not too worried about it. But halving requires a positive environment. I don't think so it will happen in this year, but expect with in two year we can see one another ATH.

leea-1334

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Quote from: MiF on April 20, 2022, 01:33:06 AM

We are still at the beginning of the second quarter of this year so i think it is too early to predict the price, but based on my observation btc price is slowly moving maybe it will not reach to 60k$ again this year, 45 to 50k$ price is more realistic than 60 to 70k$, but still it is depend on the news about crypto in the next couple of months.

Noone ever said it was too early to predict Bitcoin price,,, it is what we do here morning day and night Cheesy

But I really do not know,,, I keep thinking we will fall lower but for some reason BTC refuses to go for a long time below $40k. It is spending much more time above than below and this is with people feeling fearful all over the place. One big move up and we could really be seeing something amazing Wink

btc78

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Quote from: Frengki_cisco on April 12, 2022, 04:47:44 AM

Quote from: Usmankk202 on March 14, 2022, 08:40:36 AM

After long time of suspension of BTC price between 32k to 40k is we think it's bounce backed to 60k this year?

Maybe that can happen, it can be seen from the current development of Bitcoin in the eyes of the world and the crypto market, I believe that entering October the Bitcoin price slowly rose by the end of the year to put the level of $60k, still in this year.

That's my belief for this year about Bitcoin.

but even there are so much good things happening in crypto space specially in Bitcoin community yet we are stagnant at this phase of the market , what should be hindering the market?
Am not sure if what could 2022 gives but at least I am contented to what i earned in 2021 so waiting for another 4 years is enough for me.

Quote from: 777Jolami on April 16, 2022, 10:40:00 AM

Bitcoin is a highly volatile asset and its price can go up and down unexpectedly, I believe bitcoin will bounce back and reach above $60k in 2022

how come? any reason aside from that Volatility? there must be something that must triggered the price before climbing back to 60k.

MiF

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Quote from: Usmankk202 on March 14, 2022, 08:40:36 AM

After long time of suspension of BTC price between 32k to 40k is we think it's bounce backed to 60k this year?

We are still at the beginning of the second quarter of this year so i think it is too early to predict the price, but based on my observation btc price is slowly moving maybe it will not reach to 60k$ again this year, 45 to 50k$ price is more realistic than 60 to 70k$, but still it is depend on the news about crypto in the next couple of months.

777Jolami

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Bitcoin is a highly volatile asset and its price can go up and down unexpectedly, I believe bitcoin will bounce back and reach above $60k in 2022

Renampun

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Quote from: Usmankk202 on March 14, 2022, 08:40:36 AM

After long time of suspension of BTC price between 32k to 40k is we think it's bounce backed to 60k this year?

everyone must have a different prediction of the potential price of bitcoin in the next few months...

I personally see that $60k is a price that bitcoin will definitely achieve before 2022 ends. bitcoin today is not like bitcoin a few years ago, many countries have recognized it as a currency, so it's back to the $60k range that bitcoin will definitely achieve again this year, just wait.

SweetL0u

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Everything is in place for a bounce from BTC. I predict 60k in mid august

Yaunfitda

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Quote from: bitterguy28 on April 12, 2022, 10:26:27 PM

Quote from: Usmankk202 on March 14, 2022, 08:40:36 AM

After long time of suspension of BTC price between 32k to 40k is we think it's bounce backed to 60k this year?

It is really hard to predict in our time now mate, imagine we almost broken 50k last week but once again fails to take even 49000 so 60k? with all the means now, it seems to be possible but at least bitcoin must first take that 50,000 to continue leveling that 60k.
so i will try not to expect much but of course i love if it happen.

Maybe we should look at the range or $30k-$50k just to be on the safe side as far as market prediction goes. This price range is good, not very high estimates but and doable the way the price moves. As you have said, we almost broke $50k, but it didn't happen. But it seems the bulls are back now, as the price falls to $39k but gaining strength in the last 4 hours or so to push it to around $42k again, 3%-4% increased in the last 24 hours.

bitterguy28

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Quote from: Usmankk202 on March 14, 2022, 08:40:36 AM

After long time of suspension of BTC price between 32k to 40k is we think it's bounce backed to 60k this year?

It is really hard to predict in our time now mate, imagine we almost broken 50k last week but once again fails to take even 49000 so 60k? with all the means now, it seems to be possible but at least bitcoin must first take that 50,000 to continue leveling that 60k.
so i will try not to expect much but of course i love if it happen.

carlisle1

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Quote from: ultrloa on April 12, 2022, 06:58:24 AM

Quote from: Frengki_cisco on April 12, 2022, 04:47:44 AM

Quote from: Usmankk202 on March 14, 2022, 08:40:36 AM

After long time of suspension of BTC price between 32k to 40k is we think it's bounce backed to 60k this year?

Maybe that can happen, it can be seen from the current development of Bitcoin in the eyes of the world and the crypto market, I believe that entering October the Bitcoin price slowly rose by the end of the year to put the level of $60k, still in this year.

That's my belief for this year about Bitcoin.

4th quarter of the year is critical month of crypto since if we can see some changes on that months it will dictate on what will happen until the end of the year. And it seems that we will struggle to reach that but we shouldn't lose hope since if there's huge news will came for sure it can help bitcoin to have a good rally.

News about adoptions mostly creates a big hype about this investment. We are still in the early months of this year. There are many things

that can happen along the way, updates that may trigger the market directions, either positive or negative sides. There's always

a good hint that we can use. Just be open with any changes and allow yourself to adjust if it's needed. Set your goals and make sure to

follow whatever strategy that you are using. We can't get an accurate prediction, but we can assume and anticipate.

marine4u

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Although Bitcoin has dropped to a 1-month low of $39k2, this shows the pressure and some of the published information on capital outflows since the time the Fed FUD was announced despite the inflation signal Inflation continued to increase by 8.5% in March. I don't expect this to be a major factor in bitcoin breaking out of its grip but it is the focus at $60k that could form anytime this year. One more reason that |75% of bitcoin wallet addresses remain flat at this level is the impetus for the long-term path of a “macro growth” 100k-150k EOY

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