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Topic: Is there still hope for the price of BTC to hit back $69k this year? - page 10. (Read 1401 times)

full member
Activity: 658
Merit: 172
Do you believe that there is still hope for investors to experience $69k this year?
If it gets to $69k this year? then what next? are you planning to sell at that point when you know a halving is coming, or is it some kind of assurance that the prices will hit the roof after the halving? maybe so. Be more concentrated on accumulating bitcoins than setting price targets you expect bitcoin to reach. You will get disappointed and may be discouraged from keeping the bitcoins you have if bitcoin price does not go as you expect within the time you expect the positive change in price.
hero member
Activity: 1498
Merit: 785
Not sure. I'm not so sure it's going to happen this year I'm a bit skeptical.
Not so much hope for this year when bitcoin, for example, at the end of the year is at the $40K level, it's already good to start the end of the year ahead of the halving but the reality will be wild because we think bitcoin will be stuck between the $30K - $35K area.
News will continue to arrive whether negative or positive all of it will affect the price of bitcoin because there is sentiment that makes it move.
sr. member
Activity: 546
Merit: 342
I idid not predict all-time-high this year, although I predicted that the price would be within $30000 to $40000, but I thought that bitcoin will reach $37500 or close to $40000.

If you want all-time-high, continue to hold your bitcoin and do not sell. All-time-high would be 2024/2025.

The year is almost gone and we have seen that the price is still staggering at 26-30k which was really Unexpected because like you I aslo expected and speculated the price of bitcoin to be about 35-40k by the end of year but notwithstanding no one should definitely expect BTC to hit 69k this year because from past research it's very clear that the price always pump and shoots up almost after the halving is over which is not happening anytime in this year
legendary
Activity: 2660
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Do you believe that there is still hope for investors to experience $69k this year? Because we just have 3 months and some weeks before the end of this year. What is you hope for this current price?
There is always hope, but the reality is never certain.
I've always believed in the potential for a more expensive bitcoin price year over year, but I don't have much optimism to see $69k hit this year. While you may believe in the odds, I don't think $69k can be hit if there isn't huge demand support.

$69k could be reached after the halving, but there has been much speculation that we will be close to the previous ATH before the halving occurs. That means bitcoin price could be close to its previous ATH value before 2023 ends, but I'm not that optimistic.
hero member
Activity: 2884
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I was waiting for the price of BTC to reach $40k in this month of August, before I will believe that $69k is possible before the end of this year 2023 which is the wish of many investors in the community. But the price started decreasing from $30k to $26k to create a great fear into the mind of those that is hoping for the price to increase above $30k before they can start thinking of how to visit the market to supply to make a good profits. With this slow move of the price of BTC in this season, I don't think the price will hit back to $69k before the end of this year because the green light is not stable like the way it was stable last two years to reach $69k for both long term investors and short term investors to experience huge amount of money from their investment. Do you believe that there is still hope for investors to experience $69k this year? Because we just have 3 months and some weeks before the end of this year. What is you hope for this current price?
The 69k level will most likely be reached and surpassed during the next bull run, however your mistake was thinking this could happen during this year, in my opinion there was no hope at all of that price being reached during this year, so I do not know where you got the idea that this was somewhat possible, however do not despair this just means that you are going to need to wait and hold your coins for a longer period of time than what you thought but that is all.
legendary
Activity: 2394
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Smart is not enough, there must be skills
Everyone can expect to want bitcoin back at its previous ATH by the end of this year but for me that's not certain given the continued negative market sentiment, but I don't know what happens as that would be out of my own mind, I'm targeting maybe $40,000 is still very much a possibility.

If you want all-time-high, continue to hold your bitcoin and do not sell. All-time-high would be 2024/2025.
Yes don't expect too much this year, if he wants to make bigger profits wait until the halving happens, and see what happens after that maybe at the end of 2024 it will be a surprise high price.
mk4
legendary
Activity: 2870
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Paldo.io 🤖
If there isn't any hope of bitcoin breaching the $69k top I wouldn't be holding bitcoin anymore and I'd probably leave this forum completely. It's that simple. As for this year though? Maybe, maybe not — but I'm betting on no; but it ain't no problem for me as it just gives me time to accumulate. If you're not patient, then bitcoin and investing in general is simply not for you.
hero member
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What if the Bitcoin price cannot reach $69k before the end of 2023? Are you going to sell your Bitcoin or keep holding it until it reaches $69k, even if that happens in 2024? You already have the predictions and can predict that it will reach $69k after the end of the year, so there is nothing to worry about.

This year may be the last year for us to buy Bitcoin at a price below $ 30k because it could be that starting in the following months, the price of Bitcoin will start a long rally until before the halving and will make another correction. The $69k price is not a target for investors because investors already have a higher price target, and they may be waiting for the Bitcoin price to go above $80k-$150k.

I hope to accumulate more Bitcoins starting at the current price or even lower and hold it until next year or until the price can go above $ 80k- $ 120k. And I can still hold my Bitcoin longer to wait for the price to make a new ATH again.
hero member
Activity: 966
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I was waiting for the price of BTC to reach $40k in this month of August before I will believe that $69k is possible before the end of this year 2023 which is the wish of many investors in the community. But the price started decreasing from $30k to $26k to create great fear in the mind of those that are hoping for the price to increase above $30k before they can start thinking of how to visit the market to supply to make a good profit. With this slow move of the price of BTC in this season, I don't think the price will hit back to $69k before the end of this year because the green light is not stable like the way it was stable the last two years to reach $69k for both long term investors and short term investors to experience a huge amount of money from their investment. Do you believe that there is still hope for investors to experience $69k this year? Because we just have 3 months and some weeks before the end of this year. What is your hope for this current price?

Op, Hope is not lost and even though the market seems to be moving slowly lately, However, everything can as well happen faster than expected just with time. We still have four months left before the end of the year, so there is still a possibility that we could reclaim those levels or somewhere close to the price in the coming weeks and months. From what I could see from the indicator which I use that normally gives me a reversal signal, we have already gone oversold daily, and any further correction may result in the liquidation of shorts.
hero member
Activity: 2086
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That is a very high and unrealistic expectation.  I don't know how long you have been in the market but if before investing you did your research about the history of bitcoin. I believe you will also know about the 4-year cycle of bitcoin and you will not set such unrealistic expectations.  not a single investor expected bitcoin to hit $69k this year because everyone knows it's impossible, except for the newbies or those who already bought bitcoin at that price.

I even doubt that bitcoin cannot hit $40k before the end of the year, let alone have a higher price.  this year is still a year of accumulation rather than thinking of some kind of bull run.
legendary
Activity: 1624
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Gamble responsibly
I idid not predict all-time-high this year, although I predicted that the price would be within $30000 to $40000, but I thought that bitcoin will reach $37500 or close to $40000.

If you want all-time-high, continue to hold your bitcoin and do not sell. All-time-high would be 2024/2025.
full member
Activity: 1358
Merit: 207
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I was waiting for the price of BTC to reach $40k in this month of August, before I will believe that $69k is possible before the end of this year 2023 which is the wish of many investors in the community. But the price started decreasing from $30k to $26k to create a great fear into the mind of those that is hoping for the price to increase above $30k before they can start thinking of how to visit the market to supply to make a good profits. With this slow move of the price of BTC in this season, I don't think the price will hit back to $69k before the end of this year because the green light is not stable like the way it was stable last two years to reach $69k for both long term investors and short term investors to experience huge amount of money from their investment. Do you believe that there is still hope for investors to experience $69k this year? Because we just have 3 months and some weeks before the end of this year. What is you hope for this current price?
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