Is Bitcoin bounce back to 60k in this year? - page 7.

Oasisman

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Quote from: 19Nov16 on March 19, 2022, 02:08:10 AM

Today Bitcoin grows positive again to $ 41800, seeing the development of the market since this March I am optimistic that Bull Run will soon occur and back to $ 60k is easy, the most important thing when the market starts to grow positively like this week is to continue buying, I will stop buying When the price is above $ 50k, because I'm sure April or May will reach New ATH again.

That kinda optimistic approach.
Most people are not too bullish this year. The market needs consolidation somehow before Btc rally back to a new ATH. That I might be certain in the 4th quarter of this year or maybe next year.
The highest I can predict this year might be $45k-$50k, and after that the whole year might revolve around $35k-$40k.

Reid

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Anything is possible but given the economy of the world due to the war that is happening then add the new Covid variant, I think that a bull will not be an easy thing to happen. World events do effect the demand and if people are starving who would even think about investing their money in Bitcoin.
All I could see is businessmen who will take advantage of this and we are not sure if Bitcoin is in the corner of their mind to invest with.
$60k is possible, I am not losing hope about that, but assurance that it will be this year is blurry.

peter0425

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Quote from: 19Nov16 on March 19, 2022, 02:08:10 AM

Today Bitcoin grows positive again to $ 41800, seeing the development of the market since this March I am optimistic that Bull Run will soon occur and back to $ 60k is easy, the most important thing when the market starts to grow positively like this week is to continue buying, I will stop buying When the price is above $ 50k, because I'm sure April or May will reach New ATH again.

Backing in 60k easily? mind showing what would be the reason for this to happen? sorry but in my own views this year will be at least in stable at 30-50k and that would be the highest it can give.
there are no incoming bigger investors as the correction from those who taken their profits from long term holding had been waiting for the correct timing of buying back so maybe we will take at least this year or the next before seeing them back in action for bitcoin.
and also they might be playing their funds in altcoin for now as this is more faster rolling than bitcoin.

19Nov16

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Today Bitcoin grows positive again to $ 41800, seeing the development of the market since this March I am optimistic that Bull Run will soon occur and back to $ 60k is easy, the most important thing when the market starts to grow positively like this week is to continue buying, I will stop buying When the price is above $ 50k, because I'm sure April or May will reach New ATH again.

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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?

considering the current state of affairs, I think the possibility of seeing that $60k price back is still very likely this year. well, we are still in the $41k range, and soon the price will reach $45k, and after that it slowly rises to reach the $60k range. well, however, for the short term, our current target is $45k price.

I also refer to the analysis the team from cointelegraph did. they say that the current best place for bitcoin is $46k. the current situation is quite difficult to make the bitcoin price last long above that range. however, once it is reached, I believe it will be very easy to reach $50k. this brings us closer to $60k. however, the year is still quite long, in case of a bull market, the potential to see a price of $60k, or hit a new ATH is huge.

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Quote from: lienfaye on March 18, 2022, 10:57:02 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?

The price can bounce back to $60k, however its not certain if it will going to happen this year because we cant accurately predict the future of Bitcoin. Thus instead of wondering for the future price, I think its best to just take advantage the unstable movement of Bitcoin for your own benefit. We're still in the first quarter so there's more to look forward.

Whether that happens or not, it all comes back to their respective beliefs because we have to realize that bitcoin is not easy to predict accurately and anything can happen unexpectedly.
and if we have confidence that the bitcoin price will return to that price and even more, why don't we take advantage of the decline to make gradual purchases.
and this year's trip is still too early and only three months old. So it's still a long way off and I personally still believe the price of bitcoin will return to that price and will even exceed that price.

lienfaye

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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?

The price can bounce back to $60k, however its not certain if it will going to happen this year because we cant accurately predict the future of Bitcoin. Thus instead of wondering for the future price, I think its best to just take advantage the unstable movement of Bitcoin for your own benefit. We're still in the first quarter so there's more to look forward.

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Its not especially likely to bounce to 60k without seeing some kind of decline in DXY first, so it can be a long while waiting. The bars on that DXY chart are monthly bars across years so its a slow movement most times and at present action is almost breaking out of its decline in Dollar relative to other currencies via the Dollar index price. That implies BTC would be suppressed in its valuations until dollar is not so strongly viewed, at present FED is raising rates but its just an appearance move rather then actual strength but perception does count.

Captain Corporate

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Quote from: Saisher on March 18, 2022, 07:19:07 PM

I'm always positive in my outlook of the market ever since I invested and it always pays off to be positive, this year there are so many things happening around us that made you doubt if Bitcoin will reach the $100k, there are so many predictions last year about Bitcoin reaching $50k then all the way to $100k but we have no control on what's happening around us, the Ukraine - Russian is unexpected but we have to live through it, let's just hope things will be better and Bitcoin will reach $60k then $100k.

I do believe that eventually world get into a more "normal" state. It may take a while, maybe it will take a few years, but that will happen for sure. No more pandemic (well a little, since I read that it will never be zero) and no more russia-ukraine war, no big deals and basically life as we know it. Everyone just wakes up, goes to work, comes home, watches netflix and sleeps and repeats that 350 days a year. I know its sad when you think about it but we have seen how worse it could get so our little sad life became a bit more tempting and actually quite desirable comparing to what we are living in today.

When we are back in those days, it will be an amazing time to live, it will be a period where prices will soar, jobs will do better, inflation will be lower and all in all making money will become easier both in crypto and off crypto as well.

Saisher

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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'm always positive in my outlook of the market ever since I invested and it always pays off to be positive, this year there are so many things happening around us that made you doubt if Bitcoin will reach the $100k, there are so many predictions last year about Bitcoin reaching $50k then all the way to $100k but we have no control on what's happening around us, the Ukraine - Russian is unexpected but we have to live through it, let's just hope things will be better and Bitcoin will reach $60k then $100k.

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Quote from: ninis45 on March 18, 2022, 05:59:37 PM

Quote from: usekevin on March 18, 2022, 03:23:37 PM

Prediction of price is the peopke right.Mostly the people asking this question was a new traders to the forum or new investors of the forum. They thought some elders are in the forum to help them.Being a senior person, we need to analysis and share our opinion to them.Russia had a tight hand on Ukraine till now. If this repeat and not the war end by 2022.It was sure, the price won't back to 60k dollars in this year.

for the current year the price of 60k$ is very difficult considering the influence of the Russia-Ukraine war one that made the market throw quite deep
and it's possible that bitcoin will fall further towards 28k$ but I hope the market can bounce back up to 35% this year

Until now the price of Bitcoin is still struggling to get back above the $45k price, it's all because recently some bad things have happened
in the world. What is being talked about a lot is the war that took place between Russia and Ukraine, this has an effect on the world economy,
so it's no wonder it will affect market movements in crypto as well. Moreover, the pandemic is not over yet, there are still economic crises around
the world. And until now there has been no good news about crypto in circulation, it's doubtful that Bitcoin will return to $60k this year. I think that
Bitcoin price is now stable above $40k is a positive thing and we should be grateful for it. And I hope that this year the Bitcoin price will not fall
below $30k, if that happens it can cause panic and make the price of Bitcoin fall even deeper. But with many institutions already joining in,
I don't think Bitcoin price will fall below $30k this year.

ninis45

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Quote from: usekevin on March 18, 2022, 03:23:37 PM

Prediction of price is the peopke right.Mostly the people asking this question was a new traders to the forum or new investors of the forum. They thought some elders are in the forum to help them.Being a senior person, we need to analysis and share our opinion to them.Russia had a tight hand on Ukraine till now. If this repeat and not the war end by 2022.It was sure, the price won't back to 60k dollars in this year.

for the current year the price of 60k$ is very difficult considering the influence of the Russia-Ukraine war one that made the market throw quite deep
and it's possible that bitcoin will fall further towards 28k$ but I hope the market can bounce back up to 35% this year

usekevin

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Prediction of price is the peopke right.Mostly the people asking this question was a new traders to the forum or new investors of the forum. They thought some elders are in the forum to help them.Being a senior person, we need to analysis and share our opinion to them.Russia had a tight hand on Ukraine till now. If this repeat and not the war end by 2022.It was sure, the price won't back to 60k dollars in this year.

$crypto$

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Quote from: macson on March 18, 2022, 01:31:18 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?

you have to keep in mind that nothing is impossible in the crypto market, especially the price of Bitcoin which is back to $60k....this year for sure Bitcoin will make a new ATH but no one can predict exactly when it will happen, all we can do now is just keep buying bitcoins when the price is below $60k. take advantage of every opportunity ^{(bearish market)} there is to buy.

Predicting the price is not right, people always ask if this year it will reach ATH even though we just take advantage of the opportunities that were down yesterday which were still below $40k, if we are sure then just hold your bitcoin until the ATH price hits it then I think we should be a little patient with that.

The current bitcoin price of $41k for me is still quite low but if you want to buy then wait until below it, I only see from the profit when it reaches 30% then I will sell it.

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Quote from: macson on March 18, 2022, 01:31:18 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?

you have to keep in mind that nothing is impossible in the crypto market, especially the price of Bitcoin which is back to $60k....this year for sure Bitcoin will make a new ATH but no one can predict exactly when it will happen, all we can do now is just keep buying bitcoins when the price is below $60k. take advantage of every opportunity ^{(bearish market)} there is to buy.

No one can exactly predict if Bitcoin will bounce back or it will remain to this current value, there are influences that we needed to

consider in regards to how investors takes their position. The cycle might be on the bearish season and crypto investors are observing if how

this current events will take effect with the entire industry. What we can do by now is to assess and study whether to take the long hold or

play with the sway and enjoy the fluctuations that gives us opportunities to buy low and sell high.

macson

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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?

you have to keep in mind that nothing is impossible in the crypto market, especially the price of Bitcoin which is back to $60k....this year for sure Bitcoin will make a new ATH but no one can predict exactly when it will happen, all we can do now is just keep buying bitcoins when the price is below $60k. take advantage of every opportunity ^{(bearish market)} there is to buy.

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Not impossible, but also unlikely, at least till the end of the year. I'm mostly expecting sideways movement of up to $50k or so, wouldn't really expect any big moves for this year. Maybe at the latter part of the year, but right now is a big no. I wouldn't be surprised if it dropped down to $30k or so, but I don't think it'll go below further than that, maybe some random big spikes here and there but it would ultimately average out to $45-50k levels. If you're looking to make profit, do shorts, you should be able to profit rather nicely if you read the market correct.

arwin100

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Many observers believe that the cycle every 4 years will happen again, if true of course this is sad because it will make the market sluggish again, from now on I will continue to follow the latest developments so that when the price looks high then I will take a sell option.

Because it happen in the past and might it will happen again by next cycle that's why many speculates about the possible pump that might happen at that timeline. But it doesn't mean that the market will became sluggish since if you observe how the market flow we can still say that bitcoin is moving in good direction and the thing you need to do is find a good spot to take your position and trade it while market is so volatile.

Ryu_Ar1

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Quote from: Stalker22 on March 17, 2022, 06:16:24 PM

Quote from: palle11 on March 17, 2022, 12:48:53 PM

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This is positive since it is fluctuating between $41k and $40k for a week so far.

No, it is not. In fact, when we look at the chart, it is clear that the price of bitcoin was below 40k during most of last week. Only yesterday, the price spiked to over 40k and fluctuates between $ 41k and $ 40k in the days since.

but if I'm not mistaken, I saw that they started to rise the previous day because it refers to the Fed which actually made the Dollar Index fall to their Support area.
and a few yesterday I saw they were already in the Support Dollar Index CMIIW area.
now just waiting if they are up it's certain that Bitcoin will be corrected again

Jawhead999

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It's pretty possible to reach $60K back since it's realistic and more adoptions might be happen due to El Salvador and Ukraine legalizing Bitcoin. But many people still thought the bear season will be repeated on this year and so many experts speculate it too, we need to hope many people didn't just rely to those articles and keep believing what they believe.

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