Is Bitcoin bounce back to 60k in this year? - page 3.

fullhdpixel

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Quote from: Questat on April 01, 2022, 09:17:08 AM

This seems the market play, nobody could even predict it right, and most of the time it went wrong. Reaching back to $60k is not impossible however it was just a matter of time, and this year might be difficult. Looking at the price trend, it is quite not to see the uprising momentum keep going, dumps still visible, and this is what we have now.
Though I was positive and very optimistic about the future of Bitcoin, I'd just think also that not all the time we went bullish. We are once done last year and I think this year seems impossible to make it again.

I have to say you are 100% right. It is not difficult, I mean we could reach there in a week if we had the type of bull run we had before, that is not really impossible and people should be aware of that for sure.

However at the same time we are talking about something that is a bit more easier to accept which is the fact that we may not have that kind of bull run right now. That is the type of thing that we should be focusing on, not having that kind of big deal. I have to say 60k is not going to happen this year unless something changes, or if it does change then I think 60k could be even smaller, 100k could be achieved. It all depends if we are going to have a hyped bull run again or not.

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Quote from: Natalim on March 31, 2022, 05:30:31 PM

Quote from: bubidan.id on March 31, 2022, 12:52:27 PM

According to my analysis, technical analysis of BTC has started to show its growth, maybe it will test the resistance level at 50K first before continuing or breaking above 50K. Fundamentally BTC is also starting to be positive.

We're moving down at this moment, we're turning back to $45k quiet to see the resistance didn't yet get the rising momentum and just it moves in sideways again.

However, I was still very much positive about the market and I don't have to consider this correction could make everyone going to panic. I'd consider this as an accumulation phase as it really possible that after this correction huge pumps can be happening next. We have to anticipate the market before it was going too late.

This seems the market play, nobody could even predict it right, and most of the time it went wrong. Reaching back to $60k is not impossible however it was just a matter of time, and this year might be difficult. Looking at the price trend, it is quite not to see the uprising momentum keep going, dumps still visible, and this is what we have now.
Though I was positive and very optimistic about the future of Bitcoin, I'd just think also that not all the time we went bullish. We are once done last year and I think this year seems impossible to make it again.

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Quote from: bubidan.id on March 31, 2022, 12:52:27 PM

According to my analysis, technical analysis of BTC has started to show its growth, maybe it will test the resistance level at 50K first before continuing or breaking above 50K. Fundamentally BTC is also starting to be positive.

We're moving down at this moment, we're turning back to $45k quiet to see the resistance didn't yet get the rising momentum and just it moves in sideways again.

However, I was still very much positive about the market and I don't have to consider this correction could make everyone going to panic. I'd consider this as an accumulation phase as it really possible that after this correction huge pumps can be happening next. We have to anticipate the market before it was going too late.

bubidan.id

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According to my analysis, technical analysis of BTC has started to show its growth, maybe it will test the resistance level at 50K first before continuing or breaking above 50K. Fundamentally BTC is also starting to be positive.

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Quote from: Oasisman on March 31, 2022, 03:37:36 AM

Quote from: Kasabus on March 30, 2022, 03:55:37 PM

Quote from: mk4 on March 14, 2022, 09:56:11 AM

~snip~

Looks like the market is now heading to its $50k and hopefully move forward to $60k. I think this is not surprising though as the market is just hitting around dumping and pumping its market value. But we should not be more confident this time as the market may easily fall again and ends ups having a bull trap only. Its better to stay neutral and always be open for the both sides of the market.

Hitting $50k may take a little while especially when Btc has been moving like this since the start of March. So, we have the whole month for a chance for Bitcoin to recover back to $50k, but It didn't happen.
$50k is such a strong resistance, as people will sell when Btc is close to touching $50k.
CMC has not even recorded a $49k yet. Let's see how well Bitcoin's price action in April.

I think the strong resistance we have to look first is $48,000, it we broke it again and sustain the run for at least a couple of days, we might get to $50,000.

But so far, $48,000 proves to be a very hard price to crack or at least sustain. Maybe this is where investors are selling and then will re-buy when the price dip and then sell again if we reaches $50,000 or higher. A simple but very effective strategy.

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Quote from: Oasisman on March 31, 2022, 03:37:36 AM

Let's see how well Bitcoin's price action in April.

April is the last hope for a future growth till middle of Q4 2022. By looking how Bitcoin prices change during years, March, April, November to January are its best months. During every other months either stagnation happens, or the prices fall down. And we are not even fully tasted consequences of sanctions. I expect economy to bounce down and wait for someone to inflate it.

Oasisman

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Quote from: Kasabus on March 30, 2022, 03:55:37 PM

Quote from: mk4 on March 14, 2022, 09:56:11 AM

~snip~

Looks like the market is now heading to its $50k and hopefully move forward to $60k. I think this is not surprising though as the market is just hitting around dumping and pumping its market value. But we should not be more confident this time as the market may easily fall again and ends ups having a bull trap only. Its better to stay neutral and always be open for the both sides of the market.

Hitting $50k may take a little while especially when Btc has been moving like this since the start of March. So, we have the whole month for a chance for Bitcoin to recover back to $50k, but It didn't happen.
$50k is such a strong resistance, as people will sell when Btc is close to touching $50k.
CMC has not even recorded a $49k yet. Let's see how well Bitcoin's price action in April.

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Quote from: Usmankk202 on March 14, 2022, 07:40:36 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 believes that bitcoin will return at the price of 60k, why can people be so sure of bitcoin, then we can see its journey in 2021, feedback schemes usually apply to bitcoin's journey, although this is not necessarily the case all the time, but almost completely bitcoin journey Will experience the same potential, even in the long term, bitcoin is the only one with the most potential compared to other coins

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Quote from: mk4 on March 14, 2022, 09:56:11 AM

I wouldn't be surprised if we bounce back to ATHs this year, but I wouldn't be surprised if we slowly just go down throughout the year either. The current state of the markets in general has just been so "different" for a while now due to so much stuff going on in the world that I really can't bet on one side with huge conviction.

Looks like the market is now heading to its $50k and hopefully move forward to $60k. I think this is not surprising though as the market is just hitting around dumping and pumping its market value. But we should not be more confident this time as the market may easily fall again and ends ups having a bull trap only. Its better to stay neutral and always be open for the both sides of the market.

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Quote from: ShowOff on March 30, 2022, 02:10:44 PM

$60K is always expected to be returned by bitcoin, but so far we haven't seen a huge increase in demand in the market so $60K still looks tough. Several attempts to hit $50K are still failing, but there is hope of breaking that resistance if the FUD doesn't bother too much.

We all probably know that the price of bitcoin is something that is difficult to predict with certainty regardless of whether we master technical or fundamental analysis. Analysis can help in making a decision whether to buy or sell, but it may still not live up to expectations. Although there is hope that the resistance can be broken, vigilance still needed.

$60k will be reached this year and I'm pretty sure, BTC price at the beginning of this week rose quite well and held at $46k/$47k today, probably the closest target we expect BTC to break through $50k. If this happens in the near future maybe $60k we'll see before the end of this year. negative news/Hackers, What happened to Crypto lately did not have a bad impact on BTC price movements because it could still be held above $45k.

ShowOff

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$60K is always expected to be returned by bitcoin, but so far we haven't seen a huge increase in demand in the market so $60K still looks tough. Several attempts to hit $50K are still failing, but there is hope of breaking that resistance if the FUD doesn't bother too much.

We all probably know that the price of bitcoin is something that is difficult to predict with certainty regardless of whether we master technical or fundamental analysis. Analysis can help in making a decision whether to buy or sell, but it may still not live up to expectations. Although there is hope that the resistance can be broken, vigilance still needed.

Emitdama

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Quote from: Shasha80 on March 29, 2022, 06:35:48 AM

Looks like my guess was wrong, Bitcoin finally managed to rise above $45k, to be honest this really surprised me. Because I didn't think Bitcoin could now be at $47k and there is a possibility in the near future to touch the price of $50k. As you said because everything is possible, now it's answered, with the increase now I think is quite high. With the increase in the price of Bitcoin to the price of $ 47k, of course this will make the crypto market volatile again, because the increase in the price of Bitcoin makes the majority of altcoins prices also go up.

It is never easy to predict when the price of bitcoin will go up. If we were always 100% right about it, then we would be super rich and would basically just do that all day and would double our money every single day. In fact, we could have used like 100x leverages and turn 100 bucks into 100 million dollars in under a year (maybe the liquidity wouldn't allow that).

So, it is normal that our predictions are sometimes wrong, we just need to realize that and keep focusing on getting back on the horse and try again. I got lucky this time around, but I also bought bitcoin when it was under 10k too, and over 60k too, so I have been known to be right AND wrong, just gotta accept that and move on.

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Quote from: arufox on March 30, 2022, 05:56:48 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

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Quote from: Yaunfitda on March 28, 2022, 08:11:19 AM

Don't preempt and says that the bear market is coming to an end, we barely just started and usually bear market are long and hard and deliberate.

We just have to thank that someone is pushing the market right now but I should be wary of it because it seems to be artificial. And with that means that the market might fall hard because of it. Specially when those who pump it are going to sell their bitcoin when no one else see that coming. And then it will be followed by a huge sell-off.

Yeah it's been a while since we experience this new price level but it would be better for us to wait for more time before we say that bears are finally over because we might know that this can only be a trap to get the recent investors. It can be whales that is making the increase happen, why would you thank them when they are only doing this for their own sake and not for you or to anyone else because they can dump this market anytime soon once they are ready to make a profit.

The year is still long anyway and even if we fall once again in the upcoming days or weeks, we still have a couple months for the price to recover and hopefully they will hit 60k that we always wanted.

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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.

Sir Legend

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Although today's price is correcting again but I'm sure in April or May the price will return to $60k, the growing bitcoin community and the rapid growth of cryptocurrencies in Africa make me have no doubt that this year bitcoin price will hit $100k. the most important thing right now is to keep buying so we can make big profits.

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Quote from: Mamun74 on March 28, 2022, 09:18:45 PM

I think this the chance to Bitcoin bounce back to $60k+ this yesr.Almost bitcoin price now $47.5k+ now.Bitcoin grow up day by day.The market condition is positive now and although all coin price positive back again.February month bitcoin price was under $33k but now over $47k+.I hope bitcoin will More increase end of march.I hope April or May bitcoin price will be reached $60k+ again.

bitcoin crossed 48k yesterday but today? it stays hardly to 47k though hours ago? it fell down to 46k lol. march seems to be a good month but what we are seeking is the 3rd quarter in which i believe that the deciding quarter as there are many chances that the prices will increase high.
so basically this coming 2nd quarter? is the stagnant season and sometimes a dumping time for the whole market.

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Quote from: asrinur on March 29, 2022, 03:43:19 AM

In my opinion, Bitcoin price will continue to rise and potentially hit the $60k price target after successfully breaking through the $45K rally in the last few weeks. The bitcoin price is currently trading in the $47K price range. Therefore, I think that as long as Bitcoin doesn't drop more than $45k, it can still go up to $55k-$60k.

The chance for BTC price to reach $60k is possible, I don't deny it. But make sure if BTC can pass $50k first, the current price is still around $47k, mate. When BTC price can pass $50k, we can predict it is possible to achieve $55k if we still hear positive news/issues about crypto/Bitcoin. And after reaching $55k, surely not impossible to go back again to $60k. However, this can't be separated from the world situation. BTC price can drop again massively if many bad issues appear in the near future.

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Quote from: Mamun74 on March 28, 2022, 09:18:45 PM

I think this the chance to Bitcoin bounce back to $60k+ this yesr.Almost bitcoin price now $47.5k+ now.Bitcoin grow up day by day.The market condition is positive now and although all coin price positive back again.February month bitcoin price was under $33k but now over $47k+.I hope bitcoin will More increase end of march.I hope April or May bitcoin price will be reached $60k+ again.

We never know. Or also maybe Bitcoin will experience another correction and give another opportunities to buy and hold.

Still unable to predict with this kind of volatile environment, observe and anticipate if the market will favor your investment. That's all

we can do or do more adjustments if ever it won't favor your current position. Still on the impression that Bitcoin will continue this

small bounce and allow traders to enjoy.

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Quote from: Pesona1 on March 29, 2022, 04:24:10 AM

Quote from: asrinur on March 29, 2022, 03:43:19 AM

In my opinion, Bitcoin price will continue to rise and potentially hit the $60k price target after successfully breaking through the $45K rally in the last few weeks. The bitcoin price is currently trading in the $47K price range. Therefore, I think that as long as Bitcoin doesn't drop more than $45k, it can still go up to $55k-$60k.

Now bitcoin is starting to enter a rally phase and make the price strengthen in the market, some analyzes say that bitcoin is currently at an overbought level and of course tends to make bitcoin price stronger in the market, if we look at the potential that exists with bitcoin ability to penetrate price resistance at the level of $45,000 it is possible that bitcoin can reach new price resistance at $51K-$53K in the near future.

It's quite nice to see bitcoin's price increase today, seeing bitcoin ability to break the $45K price resistance and also the current price strengthening, it looks like bitcoin is starting to enter a bullish trend, yes although it's too early to say if a bullish phase will occur soon but I see if the positive sentiment going on right now will create a strong push for bitcoin price, I think with Bitcoin trading increasing now it will continue to trigger bitcoin to stay above $46K price.

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