Is there still hope for the price of BTC to hit back $69k this year? - page 3.

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Quote from: Republikcoin.com on November 13, 2023, 09:13:46 AM

Quote from: Gozie51 on November 12, 2023, 02:01:04 PM

Certainly, I don't think it is realistic now that we are one month close to the end of the year and moreover in the history of bitcoin I have not withnessed the ATH broken just before another halving. It is now getting closer to halving and breaking the 69k ATH is looking like an insurmountable task notwithstanding that bitcoin has rallied this year and especially this last quarter of the year. Therefore, our eyes should be on the halving and the bull run that will come with it while making sure to invest before the move get started.

Everyone is waiting for the halving, although some people are also focusing on buying when there is a price correction in Bitcoin, because now there are still many people who believe that Bitcoin has the possibility of creating a new ATH after the halving occurs. That's why now there are still many people making purchases in Bitcoin before the halving occurs and hope that there will be another ATH after it happens next year, while this year I just hope that Bitcoin can continue to improve and increase slowly to $40K.

Halving event is on where are really that majority or all of people keep an eye on because this is something a main event on which it would really be able to trigger out that bull run that we've been waiting for.
It is really just that people wont really be getting tired on throwing up different numbers as we do go ahead or getting nearer. 69k for this year seems not that possible yet we are moving like rollercoaster as of this moment on which price movements arent that something that could really be read up and this is why it would really be that so hard that you would really be that sticking into that one idea and thinking up positively
that it would happen. Price would surely be pumping back which is way more than into its price considering that in every cycle there would really be always a bull run.

I do agree on some points above that we should really be that be versatile on whatever things that could happen.We dont know whether this year hitting or breaking that ATH
or would be in next year but pretty sure it would really be somewhere on Q4 2024 or somwhere on 2025 on peak of bull run. Breakouts do usually happen on that point.

EluguHcman

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And this is already November having the year 2023 a month and couple of weeks to go and BTC markets values is still rated $35K to $36K and hovering towards $37K.
Though I am not surprised neither am I expecting BTC to hit $69K as said by OP. There is possibilities of history repeating itself referring to BTC price at 2021 but there are also potential historical value rate because can still settled on apart from the $69K of 2021.
However, we just don't have to be flexible predicting the BTC value rate simply because of a mere clue of impressions of the present.

But if it must have a guessing prediction, I would always stand that the values of BTC would be settled at the rate of $39 by the end of December to favour investors holding its coin while there would be a value depression by January to favour BTC buyers. This has though been the side by side fluctuations of BTC all these while of 2023

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Quote from: Gozie51 on November 12, 2023, 02:01:04 PM

Certainly, I don't think it is realistic now that we are one month close to the end of the year and moreover in the history of bitcoin I have not withnessed the ATH broken just before another halving. It is now getting closer to halving and breaking the 69k ATH is looking like an insurmountable task notwithstanding that bitcoin has rallied this year and especially this last quarter of the year. Therefore, our eyes should be on the halving and the bull run that will come with it while making sure to invest before the move get started.

Everyone is waiting for the halving, although some people are also focusing on buying when there is a price correction in Bitcoin, because now there are still many people who believe that Bitcoin has the possibility of creating a new ATH after the halving occurs. That's why now there are still many people making purchases in Bitcoin before the halving occurs and hope that there will be another ATH after it happens next year, while this year I just hope that Bitcoin can continue to improve and increase slowly to $40K.

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Quote from: Nrcewker on November 13, 2023, 06:47:40 AM

If we see the current situation, then it’s really hard for Bitcoins to touch 69k usd by the end of this year. Yes, it might achieve this milestone in the early months of 2024. I am assuming Bitcoins will close at around 50k usd by the end of this year. Then it will keep on rising and by June or July we can see ATH price. I am making this estimations based on the past history of the coins. So yes this time Bitcoins are really looking strong. So let’s hope for the best.

No one is optimistic about Bitcoin more than me right now but saying it could reach $50,000 this year is a dream that will never come to light, even $40,000 is still highly not feasible for the coin not to mention a higher price. Bitcoin has been well helped by the ETF events which caused increased feelings, rumours, speculation, anxieties, FOMO and many more that happened in the recent market which caused Bitcoin to hit about $38,000 high. This might be the year's ATH as far as I'm concerned.

The tension is being doused now and over time Bitcoin might want to correct itself lower rather than launching a major bullish trend or attempt again until next year. There is nothing impossible in the market though but with my trading experience, I believe that Bitcoin which moved over $10,000 since October should settle go a major correction, and it might do this till the year ends even as it starts gaining another bullish leg by then.

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If we see the current situation, then it’s really hard for Bitcoins to touch 69k usd by the end of this year. Yes, it might achieve this milestone in the early months of 2024. I am assuming Bitcoins will close at around 50k usd by the end of this year. Then it will keep on rising and by June or July we can see ATH price. I am making this estimations based on the past history of the coins. So yes this time Bitcoins are really looking strong. So let’s hope for the best.

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We can override that possibility, Bitcoin can move to begin the 69k price benchmark before the year 2024 comes to an end, so for sure we are free to make such speculations, but we should treat it for what it is, and that is just assumptions, speculations and guess works, and shouldn't be taken as an investment advice, since we know the risk of taking speculations to mean advice.

But even outside that, that price is way too high to be achieved in reality even though it's possible to achieve that, because 69k was the last all-time high after the last bitcoin halving, so for that we have to expect less possibility of having that price achieve before the next Bitcoin halving cycle which is already in around six months from now, and if all things being equal we should have some basic level of correction between the line but not to see any form of a bull run that can trigger us to that price of 69k.

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As the market sentiment is showing to us, it was very clear that it was impossible to happen unless there was a so-called miracle event. This year 2023 is not yet a bullish year for crypto where $69k is to be considered on that state but just be considered as a year for recovery. Of course, there is still hope for that but it was impossible to make it this year, maybe next year after halving. Despite the current situation, we can never be mad about it but rather accept the fact that Bitcoin doesn't recover fast and easily after bear season.

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Quote from: Vaculin on November 02, 2023, 03:33:10 PM

Quote from: Suzume on October 21, 2023, 03:53:55 AM

There is a quite possibility to hit $69k in this year. We all know the movement of Bitcoin right now. What happening in the Bitcoin price movement. You cal see the prise of Bitcoin suffering to reach $30k from last four months. The correct price of Bitcoin is $29.5k something. If the price of Bitcoin don't hits $69k. There is a high possibility to reach Bitcoin price high in the next year after Bitcoin halving. We all are aware about Bitcoin halving and we all know what helped after Bitcoin having. The Bitcoin price go up after halving. If in this year the price of Bitcoin don't hit $69k. Then the next year the price of Bitcoin aftar halving surely goes up. The predictioner of Bitcoin the predict the prices of Bitcoin will go up to $100k after halving. We all know what helped in halving so let's see what happens in future..

We still have 2 months to go before this year ends, and I'm quite optimistic that if this market will continue to be stable, then it will not be surprising to witness bitcoin price back again in $69k. After all, we all know that the last quarter of the year is probably the most exciting months in bitcoin, so if this will be granted without seeing more of a market crash or correction, then it's never hard to achieve $69k or more when this year ends.

However, on the second thought, there will be more positive price by next year if ever $69k will not be achieved this year. Most especially that we are heading into bitcoin halving, then there will be more probability for bitcoin price to achieve a new heights, we just have to be patient and trust the process.

Certainly, I don't think it is realistic now that we are one month close to the end of the year and moreover in the history of bitcoin I have not withnessed the ATH broken just before another halving. It is now getting closer to halving and breaking the 69k ATH is looking like an insurmountable task notwithstanding that bitcoin has rallied this year and especially this last quarter of the year. Therefore, our eyes should be on the halving and the bull run that will come with it while making sure to invest before the move get started.

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Quote from: Fara Chan on October 18, 2023, 08:23:39 PM

Quote from: Zanab247 on October 18, 2023, 08:03:55 AM

something can still happen that will make the price to move close to $69k because, the price has hit back to $28k, and the green light is still standing to allow holders to believe that there will be bull market that will make holders to earn well from their investment. Few months to the end of the year, and some holders are waiting for $50k or $60k to show up next month before they can sell to solve their financial problem, which is possible if the green light can maintain this level.

I will not deny the big increase in Bitcoin because that has happened in the past two years, but this year it doesn't seem like it will be that easy because every increase needs to have a push or effect that can make the price increase even more and that hasn't happened this year so Bitcoin prices still tend to be below $30K until now. And actually I'm also quite sure that next month there will be an increase in prices which might be better than this month, but I don't think that the price of Bitcoin will immediately go to $50k or $60k.

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Don't forget that BTC is unpredictable, some time people guess in a particular price and it come to pass but it doesn't guarantee they will always get it right in the next run, but there are some signs in the market this week, that prove that the bull run will soon start any moment from next week.

It would be quite good if your guess is correct because I am also expecting an increase this month and next week as you mean. But in general I still don't think that next week Bitcoin will immediately get a better increase, because in the last few days the volatility of the price increase has not been stable enough so it still makes me not immediately expect more this month, but if that can be true -if it happens I would also be quite happy to welcome it.

Recently, we did really have that movement on which the price did make some serious increase on which to those people who are just new into this market would really be definitely be having that kind of impression that this might be the bull run but we know that it isnt really just that still considering that we didnt still past out that bitcoin halving and just like on what most people been saying on here.Unless if there would really be some chances in bull run event on which it is really that something that could happen before halving but it is really that unlikely. As a trader or investor then it would really be always falls down into your own preference and liking on what are the actions that you would really be making. We do know that 69k isnt really that too far off now specially we are near 40k in terms of price. For those people who had been here on this market for a while does really know that this market have its cycle. The only thing we do need to do is to place ourselves on the best
spot for us to utilize possible maximum profitability.

For me then it would be better that we shouldnt really that anticipate that the price would be hitting 69k as of this year but we do know that hitting up 100k is the next target
for all of us knowing that bull run cycle would eventually happen.

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Quote from: Suzume on October 21, 2023, 03:53:55 AM

There is a quite possibility to hit $69k in this year. We all know the movement of Bitcoin right now. What happening in the Bitcoin price movement. You cal see the prise of Bitcoin suffering to reach $30k from last four months. The correct price of Bitcoin is $29.5k something. If the price of Bitcoin don't hits $69k. There is a high possibility to reach Bitcoin price high in the next year after Bitcoin halving. We all are aware about Bitcoin halving and we all know what helped after Bitcoin having. The Bitcoin price go up after halving. If in this year the price of Bitcoin don't hit $69k. Then the next year the price of Bitcoin aftar halving surely goes up. The predictioner of Bitcoin the predict the prices of Bitcoin will go up to $100k after halving. We all know what helped in halving so let's see what happens in future..

We still have 2 months to go before this year ends, and I'm quite optimistic that if this market will continue to be stable, then it will not be surprising to witness bitcoin price back again in $69k. After all, we all know that the last quarter of the year is probably the most exciting months in bitcoin, so if this will be granted without seeing more of a market crash or correction, then it's never hard to achieve $69k or more when this year ends.

However, on the second thought, there will be more positive price by next year if ever $69k will not be achieved this year. Most especially that we are heading into bitcoin halving, then there will be more probability for bitcoin price to achieve a new heights, we just have to be patient and trust the process.

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There is a quite possibility to hit $69k in this year. We all know the movement of Bitcoin right now. What happening in the Bitcoin price movement. You cal see the prise of Bitcoin suffering to reach $30k from last four months. The correct price of Bitcoin is $29.5k something. If the price of Bitcoin don't hits $69k. There is a high possibility to reach Bitcoin price high in the next year after Bitcoin halving. We all are aware about Bitcoin halving and we all know what helped after Bitcoin having. The Bitcoin price go up after halving. If in this year the price of Bitcoin don't hit $69k. Then the next year the price of Bitcoin aftar halving surely goes up. The predictioner of Bitcoin the predict the prices of Bitcoin will go up to $100k after halving. We all know what helped in halving so let's see what happens in future..

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Quote from: Zanab247 on October 18, 2023, 08:03:55 AM

something can still happen that will make the price to move close to $69k because, the price has hit back to $28k, and the green light is still standing to allow holders to believe that there will be bull market that will make holders to earn well from their investment. Few months to the end of the year, and some holders are waiting for $50k or $60k to show up next month before they can sell to solve their financial problem, which is possible if the green light can maintain this level.

I will not deny the big increase in Bitcoin because that has happened in the past two years, but this year it doesn't seem like it will be that easy because every increase needs to have a push or effect that can make the price increase even more and that hasn't happened this year so Bitcoin prices still tend to be below $30K until now. And actually I'm also quite sure that next month there will be an increase in prices which might be better than this month, but I don't think that the price of Bitcoin will immediately go to $50k or $60k.

Quote

Don't forget that BTC is unpredictable, some time people guess in a particular price and it come to pass but it doesn't guarantee they will always get it right in the next run, but there are some signs in the market this week, that prove that the bull run will soon start any moment from next week.

It would be quite good if your guess is correct because I am also expecting an increase this month and next week as you mean. But in general I still don't think that next week Bitcoin will immediately get a better increase, because in the last few days the volatility of the price increase has not been stable enough so it still makes me not immediately expect more this month, but if that can be true -if it happens I would also be quite happy to welcome it.

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Quote from: Ben Barubal on October 14, 2023, 06:20:34 PM

Let's wait and see, but I think it's plausible that it could actually occur by the end of this year. You are aware that Bitcoin is quite erratic, and no one really knows when exactly it will be one day, one week, or one month. We only have estimates from our own community and other communities in the crypto industry to go on.

But because so many experts are making accurate forecasts about Bitcoin, it is becoming more likely in this field's community that Bitcoin will experience the bull run of the cryptocurrency market.

Possible to happen, yes but price reaching $69k by the end of this year, I seriously doubt. Bitcoin have been struggling to reach $30k for over four months now, so it will be setting extremely high expectations to think that Bitcoin will rise as high as $69k before the end of this year.

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Quote from: Ben Barubal

Let's wait and see, but I think it's plausible that it could actually occur by the end of this year.

something can still happen that will make the price to move close to $69k because, the price has hit back to $28k, and the green light is still standing to allow holders to believe that there will be bull market that will make holders to earn well from their investment. Few months to the end of the year, and some holders are waiting for $50k or $60k to show up next month before they can sell to solve their financial problem, which is possible if the green light can maintain this level.

Quote

But because so many experts are making accurate forecasts about Bitcoin, it is becoming more likely in this field's community that Bitcoin will experience the bull run of the cryptocurrency market.

Don't forget that BTC is unpredictable, some time people guess in a particular price and it come to pass but it doesn't guarantee they will always get it right in the next run, but there are some signs in the market this week, that prove that the bull run will soon start any moment from next week.

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Let's wait and see, but I think it's plausible that it could actually occur by the end of this year. You are aware that Bitcoin is quite erratic, and no one really knows when exactly it will be one day, one week, or one month. We only have estimates from our own community and other communities in the crypto industry to go on.

But because so many experts are making accurate forecasts about Bitcoin, it is becoming more likely in this field's community that Bitcoin will experience the bull run of the cryptocurrency market.

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Quote from: ShowOff on October 14, 2023, 04:42:07 PM

Quote from: danadc on October 14, 2023, 04:32:52 PM

Of course yes, there are many hopes, what I can say is that $69k is not the goal, the goal is much higher than that, some are expecting it to reach 100 thousand dollars in 202, or it doesn't matter that it will be at the end of the year, but it will arrive, so this is what we have to take into account to buy Bitcoin from now on, those who can buy should do so, because another opportunity like this will be more expensive, and the current price will not It's not bad at all, that's why I say that any satoshi you have is very valuable, and with the current price if it goes down, then buying, there is no other option, it is the smartest thing you can do.

Accumulate as much as you can, but never ignore the risks. Big increases are never guaranteed even though Bitcoin has a good history of each halving. If you are ready to buy, then buy as much as you can afford to lose so that you never become greedy.

You still need to make good planning about your budget and investment goals. If you invest only to get a return at the ATH, then you also need to be prepared to lose if in the end the ATH never occurs. It would be grateful if the new ATH was achieved, but no one can say for sure that it will be achieved in the future. Invest at your own risk and do not take other people's advice as financial advice.

Of course He has to think for himself about the risks that will occur in the investment He makes. Every decision has certainly been well thought out. To accumulate Bitcoin, It is possible to do it every month, Such as applying DCA in the investment you make. I agree with you that hoping for a new ATH in the near future maybe it won't happen but we need a long time of patience to see it.

Bitcoin is below $30k within a month. So we are in a sideway circle which I think is quite good for buying at this time. I think if this month bitcoin can close above $30k maybe by the end of this year we will see Bitcoin at $40k. I hope this happens as I predicted.

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Quote from: danadc on October 14, 2023, 04:32:52 PM

Of course yes, there are many hopes, what I can say is that $69k is not the goal, the goal is much higher than that, some are expecting it to reach 100 thousand dollars in 202, or it doesn't matter that it will be at the end of the year, but it will arrive, so this is what we have to take into account to buy Bitcoin from now on, those who can buy should do so, because another opportunity like this will be more expensive, and the current price will not It's not bad at all, that's why I say that any satoshi you have is very valuable, and with the current price if it goes down, then buying, there is no other option, it is the smartest thing you can do.

Accumulate as much as you can, but never ignore the risks. Big increases are never guaranteed even though Bitcoin has a good history of each halving. If you are ready to buy, then buy as much as you can afford to lose so that you never become greedy.

You still need to make good planning about your budget and investment goals. If you invest only to get a return at the ATH, then you also need to be prepared to lose if in the end the ATH never occurs. It would be grateful if the new ATH was achieved, but no one can say for sure that it will be achieved in the future. Invest at your own risk and do not take other people's advice as financial advice.

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Of course yes, there are many hopes, what I can say is that $69k is not the goal, the goal is much higher than that, some are expecting it to reach 100 thousand dollars in 202, or it doesn't matter that it will be at the end of the year, but it will arrive, so this is what we have to take into account to buy Bitcoin from now on, those who can buy should do so, because another opportunity like this will be more expensive, and the current price will not It's not bad at all, that's why I say that any satoshi you have is very valuable, and with the current price if it goes down, then buying, there is no other option, it is the smartest thing you can do.

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It may take a long time for Bitcoin to see the ATH level. In 2023, we all know that this will not happen and the FED will make risk free investment instruments more attractive as the world deals with the inflation spiral. I think that investors who will prefer the high income from risk free investment instruments to Bitcoin will not turn to Bitcoin until the halving approaches. I can say that Bitcoin, which is stuck in a certain area daily, will continue its boring chart at the end of 2023.

There is very little cash inflow into the crypto markets and people are very bored of waiting in the market. People are investing in non Bitcoin assets to protect their assets against inflation in this period when the risk appetite has decreased. 69K is a very serious level and it won't be there by the end of this year. We can talk about a Bitcoin that protects its zone until the halving approaches.

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Quote from: milewilda on October 09, 2023, 12:37:15 PM

Quote from: WatChe on October 09, 2023, 12:08:58 PM

Quote from: tygeade on October 09, 2023, 04:39:20 AM

We could say that the best we could hope for during this year, since we only have three months left, would be having some sort of 40k limit to the year. That is still not all that bad and should be considered a lot better. I believe that we are going to end up with something that should be very careful and not really a big deal, it could result with a bigger increases later on if we keep it going, and we need to end up with a result that should point out how we could do much better eventually.

This is why it's quite literally our way of getting out of this low period and go into a better level. I get that it may not be that easy to handle, but we could definitely see it do a lot better if we are careful about it, so we should try to hold as long as possible.

With less then 3 months to go, there is little hope that we can see Bitcoin crossing 50k or above. If we see price of Bitcoin in past 11 months then it has maximum value of 32k and lowest if around 16k. We haven't seen any huge change in price this and its because majority are waiting for next year halving. December is mostly bearish that's why all hopes are on next year halving. It will be interesting to see how this halving behave in terms of period after which we see price change.

Really that hard to achieve on on which we've seen the prices do make out some significant move recently when it comes to price increase but still ending up on having those declines or corrections (which is normal)
Therefore, it would really be just that not shocking that going on breaking 30k is really a tough thing to be that able to reach or to be achieved. This is why its not really that ideal on making yourself that too optimistic towards the price for this year because its never been that so easy when we do speak about breaking those tough resistances on which the price had really that failed on breaking it ever since.
Somewhat we do know that everything could really happen on this market on which it would really be just that so normal that these current movements might really be not that huge but if there would be some sudden
sentiments or events that might happen in the market which could push things through then it might really be that possible but for now there's nothing any around for us to consider as some form of catalyst then it is really that hard to believe on that we would be shooting up that far.

This is why it would really be that ideal that you should really that not making yourself that hopeful because if you do have this kind of expectation then price movements
would really be just that making you disappointed and this isnt something good i should say.It would really be just making you that impulsive.

Before 40k, Bitcoin price must exceed 32k. It's almost the end of the year, but I think the end of the year does not affect the price of Bitcoin. So we must first overcome this year's highest price. If we can exceed that price, we can set a new target price.

I think the price looks set to continue at this level for a long time. In my previous thoughts, I had hope for the end of the year, but now I think the price will continue horizontally. Maybe the price will drop, but I have no expectation that it will rise.

Bitcoin has surprised its investors before. Therefore, no matter what I say, the price may mislead us and may rise. What we need to focus on for now is being able to buy Bitcoin at these prices.

Topic: Is there still hope for the price of BTC to hit back $69k this year? - page 3. (Read 1415 times)