Is Bitcoin bounce back to 60k in this year? - page 4.

Shasha80

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Quote from: Jating on March 25, 2022, 06:03:08 PM

Quote from: Shasha80 on March 25, 2022, 05:52:35 PM

Quote from: alisonwonder on March 25, 2022, 03:37:19 PM

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?

The market situation is indeed difficult to predict this year because of the turmoil in several countries that made the business industry chaotic, at the beginning of this year everyone was shocked by the war that broke out between Russia and Ukraine, from this incident we can see market sentiment turning negative which caused the market capitalization to fall as a result of the sell-off. But now / today we can see the price of BTC has increased by 4% from $40k to the price of $45k. Well, based on this there is a possibility that the BTC price will reach $60k by the end of this year or will record a new ATH.

Actually entering the beginning of 2022 Bitcoin performance is quite disappointing because it has decreased in price, but it is still reasonable,
because in 2021 Bitcoin experienced a tremendous increase. So this year it is likely to experience a bearish trend, so according to my prediction
the possibility of Bitcoin returning to the price of $ 60k is very small. Moreover, this year there was a surprising war between Russia and Ukraine,
which affected the crypto market. Therefore it is likely that Bitcoin price will stabilize around $30k to $40k until the end of this year. It is true that
Bitcoin is currently rising to the price of $44k, but it is likely that Bitcoin will be very difficult to rise above the price of $45k, because previously
it had gone up to the price of $ 44k, but not long after the price of Bitcoin will go back down again.

And we thought that it will get worst when we hit around $33k-$35k and it will still go down to like $20k-$30k. However, bitcoin proves it's resiliency again, slowly getting into the $40k'ish range and the continue to ascent to $44k-$45k because one company is being bullish about it because they are willing to throw billions for the next 3 months. So we will see if we can go over and touch $45k because of it. So no surprised if we even touch $50k in the next couple of months. So don't say that it will not rise above of $45k because everything is possible.

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.
So the enthusiasm of investors will be higher to re-enter the market, but we have to be careful, because after all investing in crypto has
a high risk. What is certain is that if it turns out that in the near future the price of Bitcoin can touch the price of $50k, for Bitcoin to return
to the price of $60k in this year is most likely becoming a reality.

Pesona1

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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.

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.

asrinur

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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.

Mamun74

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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.

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Quote from: Ngemmeng on March 28, 2022, 06:09:24 AM

today the price of bitcoin rose very drastically and currently the price of bitcoin is in the range of $ 47k. it seems the bear market is coming to an end because in the last week the price of bitcoin has gone up very significantly. the price of bitcoin reaches $60k again this year is still very wide open because 2022 is still long and if conditions in ukraine are conducive I am sure the price of bitcoin will rise faster than now. in 2021 the price of bitcoin rose from $29k to $66k in about 4 months, in other words the same thing can happen again in 2022 because 2022 is still the beginning of the year and it looks like the bear market is coming to an end.

Almost $48K now, it's a good sign to see Bitcoin to rise more within the week, if the flow continues to favor bitcoin holders possible to see more investors to check it up and also invest. Good market means potential investors to work inside, though it's too early to think ahead there are also possibilities that the market only got a week run then another correction to take place.

It's always to set your expectation and make sure that you have a concrete plan during your stay.

Once your target has already been achieved, never to hesitate to sell, greed may only lead you to fail.

darewaller

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

Quote from: Ngemmeng on March 28, 2022, 06:09:24 AM

today the price of bitcoin rose very drastically and currently the price of bitcoin is in the range of $ 47k. it seems the bear market is coming to an end because in the last week the price of bitcoin has gone up very significantly. the price of bitcoin reaches $60k again this year is still very wide open because 2022 is still long and if conditions in ukraine are conducive I am sure the price of bitcoin will rise faster than now. in 2021 the price of bitcoin rose from $29k to $66k in about 4 months, in other words the same thing can happen again in 2022 because 2022 is still the beginning of the year and it looks like the bear market is coming to an end.

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.

Even I agree with this, I would like to make a correction. I never believed that we were in a bear market for the past few methods and that is why I believe that we should not be really focused on "the price is low compared to ATH" part of it when we are calling something a bear market. The reality is that, how long have we been between 35k to 45k level? For few months right?

When the price is the same without moving much for few months you can't call it a bear market, "bear market" means the price is going down and ours do not go down. This is why I believe that we should be doing fine and that is why it is really a good deal to buy at those levels and we could be considered bull right now.

Yaunfitda

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Quote from: Ngemmeng on March 28, 2022, 06:09:24 AM

today the price of bitcoin rose very drastically and currently the price of bitcoin is in the range of $ 47k. it seems the bear market is coming to an end because in the last week the price of bitcoin has gone up very significantly. the price of bitcoin reaches $60k again this year is still very wide open because 2022 is still long and if conditions in ukraine are conducive I am sure the price of bitcoin will rise faster than now. in 2021 the price of bitcoin rose from $29k to $66k in about 4 months, in other words the same thing can happen again in 2022 because 2022 is still the beginning of the year and it looks like the bear market is coming to an end.

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.

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today the price of bitcoin rose very drastically and currently the price of bitcoin is in the range of $ 47k. it seems the bear market is coming to an end because in the last week the price of bitcoin has gone up very significantly. the price of bitcoin reaches $60k again this year is still very wide open because 2022 is still long and if conditions in ukraine are conducive I am sure the price of bitcoin will rise faster than now. in 2021 the price of bitcoin rose from $29k to $66k in about 4 months, in other words the same thing can happen again in 2022 because 2022 is still the beginning of the year and it looks like the bear market is coming to an end.

Baofeng

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Quote from: Chato1977 on March 28, 2022, 04:19:51 AM

Quote from: bocyaj on March 25, 2022, 04:35:41 PM

Now the price had increased to 44k dollars after the huge period.The resistance for the pump is 45k dollars.Now Russia accepting the bitcoin as a payment for the world country to their barrel of oil.The oil price was increased all over the world.The root cause for this is Russia,the Russia will keep increase the oil price in upcoming days.

3 days after the price climb again by 3k and sitting at 47k as of my typing

https://coinmarketcap.com/currencies/bitcoin/

so I can see that we are hitting 50k the next days , so if does there will be a good effect in altcoins as there are so many thread talking about altcoins Season while this is still bitcoin season.

The chances for hitting $50k in the next couple of days are very high. It's seems the everyone is on board with bitcoin again, after the Terra news, and just a couple of years ago, we are in the $46k region, now we are above $47k and trying to break the next big barrier of $48k. It's the start of the week and everything looks very positive and maybe before start of next month, we will be the $50k range already or even higher.

Chato1977

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Quote from: bocyaj on March 25, 2022, 04:35:41 PM

Now the price had increased to 44k dollars after the huge period.The resistance for the pump is 45k dollars.Now Russia accepting the bitcoin as a payment for the world country to their barrel of oil.The oil price was increased all over the world.The root cause for this is Russia,the Russia will keep increase the oil price in upcoming days.

3 days after the price climb again by 3k and sitting at 47k as of my typing

https://coinmarketcap.com/currencies/bitcoin/

so I can see that we are hitting 50k the next days , so if does there will be a good effect in altcoins as there are so many thread talking about altcoins Season while this is still bitcoin season.

peter0425

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Quote from: StreakW on March 28, 2022, 02:43:46 AM

I think bitcoin will hit $60k again this year, especially during the past week, the bitcoin price has increased significantly to 14 percent. Currently, the bitcoin price is around $47k. Therefore, the potential for a Bitcoin bull run to start is at least in late March or early April to reach a price of $60k.

While we are at early stage of the year and the value of market is increasing yet we cannot predict the next 9 months so the possibilities of this going up 60k is there , and maybe there is a chance to break the last ATH and maybe we can see more on this.
so Bouncing back at 60k is something that i want to support and not just because i am still holding my coins but considering to withdraw once the price reached at least 60k to take my 100% profit because i bought when the price at 30k.

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I think bitcoin will hit $60k again this year, especially during the past week, the bitcoin price has increased significantly to 14 percent. Currently, the bitcoin price is around $47k. Therefore, the potential for a Bitcoin bull run to start is at least in late March or early April to reach a price of $60k.

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Quote from: BigBos on March 28, 2022, 12:12:27 AM

Pretty convincing speculation. currently the price of bitcoin is back up to the price of $47k, and it looks like the next target is $50k. after this, we won't be too far off the $60k price tag, which means, it might take a bit of a push to see a new ATH. other than that, this is the same as the price analysis just posted by cointelegraph, they also argue that the current high level is $50k, and most likely it may be reached within a few days or weeks if the bitcoin price continues to show a positive trend.

Currently the highest Bitcoin price is still at $47k after experiencing an increase in the last few days and if the positive trend of bitcoin continues as you say then a break to the level of $50k can be achieved by bitcoin easily, but I doubt if bitcoin this year will be able to go up again to the price of $ 60k because if we pay attention after experiencing a decline to the lowest price of $ 32k and until now bitcoin has not been able to pass the $50k area which indicates that bitcoin is having a little difficulty getting through the area above $50k.

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Right now the price is around $47k which is much close to the $60k mark. We've been coming across more and more news relative to adoption of bitcoin and it's legalized usage than security breach and other issues. With the ongoing trend we can expect more progressive growth than decline in the market if there is no big disturbance in the world economy. Some may ask, why should we think of the world economy. The inflow and outflow depends upon the money circulation with the common man. When the economy isn't good this gets affected and the same impact can be experienced on the cryptomarket.

The price that stuck between $40k and $42k haven't fallen back to the $34k which is the year's low price, but has moved forward reaching above $45k. This means the market is bullish and ups and downs happen relative to the Russia Ukraine situation along with the global market.

BigBos

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Quote from: lalabotax on March 27, 2022, 03:44:00 PM

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?

No one knows about this! But I assume it isn't impossible. Bitcoin price is improving gradually right now, it almost reaches $45k again. Lately, Bitcoin has increased from around $35k to almost $45k, there is an increase about $10k already. If this increase continues, we may see Bitcoin top rises up again above $50k in the next few weeks and may goes to around $60k in the next 3-4 months. However, it is only a prediction, there is always a chance for Bitcoin to drop again below $40k after the current constant increases.

Pretty convincing speculation. currently the price of bitcoin is back up to the price of $47k, and it looks like the next target is $50k. after this, we won't be too far off the $60k price tag, which means, it might take a bit of a push to see a new ATH. other than that, this is the same as the price analysis just posted by cointelegraph, they also argue that the current high level is $50k, and most likely it may be reached within a few days or weeks if the bitcoin price continues to show a positive trend.

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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?

When check the density of bitcoin and it level of speculation you will know that bitcoin have different movement of slow market increment this year, by now Bitcoin supposed to get of dip market but since it still roaming around 30k and 40k couple with the war, i think it hard Bitcoin to possessed 60k this year and especially between the middle of the year

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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?

No one knows about this! But I assume it isn't impossible. Bitcoin price is improving gradually right now, it almost reaches $45k again. Lately, Bitcoin has increased from around $35k to almost $45k, there is an increase about $10k already. If this increase continues, we may see Bitcoin top rises up again above $50k in the next few weeks and may goes to around $60k in the next 3-4 months. However, it is only a prediction, there is always a chance for Bitcoin to drop again below $40k after the current constant increases.

darewaller

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Quote from: Review Master on March 23, 2022, 02:47:27 PM

Maybe not that long as bitcoin might make new ATH soon enough because of the worldwide adoption. However next halving could be happened in around 2024, so we might see more higher ATH price than our expectation. In that case, we just need to wait for it. Wink

I do agree that it will probably not take that long to break the ATH, I believe that we will have a lower ATH breaking before 2025, but since that is about one year after the next halving, I am sure that we are going to see another big break for the near future as well, and I am sure that 2025 will have another huge break that will be like 200k or something.

So, the both ideas are correctly, something like 70k to 100k (in between) could happen before 2025, and then something like 150k to 200k could happen in 2025 as well. This is what crypto is all about, being in the long term game and you could make so much money if you could save and put bitcoin aside.

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Quote from: Smitty Werben Man Jensen on March 27, 2022, 11:10:47 AM

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?

we have to see strong resistance first at $45000, if $450000 is passed, then bullish indications will occur again,

because Bitcoin has already broken out of $45000, but for now we have to monitor it first,
and Bitcoin is still trying to breakout, $50000 or $60000 I sure it can be achieved again

How did you come up with that theory? We were at 45450 a few weeks ago and a few days back we went to 45080, so it's not about 45k but about going to 46! Obviously the real resistance is in a 45-46k range so saying that we just have to go above 45 is oversimplifying things.
To answer the question in the thread, we can easily go back to 60k this year because once the bull market goes into motion again (above 50k) we will at least try to touch the last ath of 68k. We will get rejected there forming a double top or go above it, but 60k is not an important level as it is no longer an ATH.

Woodie

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Bitcoin prices are currently over ~$44k and a target price of 60,000 dollars this year is very much within reach.

But with that huge drop that we experienced, I think we have so many sell orders waiting up there which could prolong the waiting times to achieve this milestone once again as hodlers want to recover for their lost income and time.

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