Is there still hope for the price of BTC to hit back $69k this year? - page 6.

Tony116

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Quote from: reagansimms on September 21, 2023, 10:13:32 PM

Investors certainly want prices higher than $69k at the end of the year, but Bitcoin's slightly slow price movement makes me start to be pessimistic that Bitcoin can reach that figure by the end of the year. I don't really expect a high price in Bitcoin at the end of this year after Bitcoin's movement slows down, maybe Bitcoin will end 2023 at a price of around $35k to $40k.
now I think about how to collect as much Bitcoin as I can, Bitcoin will not forever be at $26.5k as it is trading today. There will be bigger price movements in 2024, which is the right time to reap the rewards of patiently holding Bitcoin.

I don't even think bitcoin can't reach $30k before the end of the year, I have a feeling someone doesn't want bitcoin price to move, they want to create pressure for weak hands to sell bitcoin cheaply. But for those who are long-term investors and not too concerned about short-term developments, this is clearly a great opportunity to accumulate more bitcoin at a steep discount.
I never expected bitcoin to reach 69k$ soon, on the contrary if it drops more, I will be happier because I have more time to collect bitcoins.

reagansimms

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Investors certainly want prices higher than $69k at the end of the year, but Bitcoin's slightly slow price movement makes me start to be pessimistic that Bitcoin can reach that figure by the end of the year. I don't really expect a high price in Bitcoin at the end of this year after Bitcoin's movement slows down, maybe Bitcoin will end 2023 at a price of around $35k to $40k.
now I think about how to collect as much Bitcoin as I can, Bitcoin will not forever be at $26.5k as it is trading today. There will be bigger price movements in 2024, which is the right time to reap the rewards of patiently holding Bitcoin.

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Quote from: jasonjm on September 15, 2023, 11:53:47 PM

Looking at the recent market trends, one thing is evident, bitcoin is not going to $69k at the end of 2023. The price might fall further from the current level toward $20k or below. This year, we might see the continuation of the bear pattern. The price will increase in 2024 after BTC halving, and we might see a new ATH.

The recent price and movement of Bitcoin had made it very clear for those were expecting something special and big to occur after the price reaches 31k this year to remain quite about btc big expectations they have about Bitcoin. The price falling back to 25k is a typical example that Bitcoin transaction is really really hard to predict and that there is actually no expert to it as everyone is just merely speculating and nothing more.

TheSpiral

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we should not discouraged ourselves and others due to such decrease because we know that every decrease and increase is temporary and we should take every condition positive.

We cannot say something about future because sometimes crypto perform against our wishes so be ready for every situation. The price of 69k$ is possible to happen because bitcoin already have shown such a high price in past so hopefully it will attain this worth or may be more than this.

Price is now gradually increases which suggests that good news will come in the end of this year. The remaining months cannot be predicted easily but increase will definitely occurs and bitcoin again will attain the elevated value.

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Quote from: South Park on September 17, 2023, 01:35:51 PM

Quote from: Oasisman on September 15, 2023, 06:57:27 PM

Quote from: Zanab247 on August 22, 2023, 09:04:51 AM

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?

Unfortunately, but only those weakhands and those who can't afford to lose what they have invested are in great fear during bitcoin dropped massively.
Personally, I don't think we're breaking near that figure by the end of this year, I just don't see enough reasons to initiate a bullrun other than the next bitcoin halving in 2024. So, it's either bitcoin will start pumping pre halving early next year or most probably going to have another ATH post halving, just like every other bullrun from the past halvings.

Weak hands should really rethink their strategy, what is the point of investing in the best asset they could find if they are going to lack the mental fortitude to hold it to the end? In that case they might as well just keep their fiat and save themselves the trouble of losing their money just because the volatility of bitcoin scares them, otherwise they will lose their money and they will have nothing to show for it.

I think they will, and that's why they call weak hands, but nevertheless, they can learn from their experience and be strong hands in the future. So it's ok to be a weak in the beginning. And I think they will not be weak hands for long, as least in my case those early years really teach me a lessons on how to become a holder and have the mental fortitude to stay strong specialy in the pandemic. I mean you ahve nothing to do but inside the house and rethink your strategy and that's what I did.

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Quote from: South Park on September 17, 2023, 01:35:51 PM

Quote from: Oasisman on September 15, 2023, 06:57:27 PM

Quote from: Zanab247 on August 22, 2023, 09:04:51 AM

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?

Unfortunately, but only those weakhands and those who can't afford to lose what they have invested are in great fear during bitcoin dropped massively.
Personally, I don't think we're breaking near that figure by the end of this year, I just don't see enough reasons to initiate a bullrun other than the next bitcoin halving in 2024. So, it's either bitcoin will start pumping pre halving early next year or most probably going to have another ATH post halving, just like every other bullrun from the past halvings.

Weak hands should really rethink their strategy, what is the point of investing in the best asset they could find if they are going to lack the mental fortitude to hold it to the end? In that case they might as well just keep their fiat and save themselves the trouble of losing their money just because the volatility of bitcoin scares them, otherwise they will lose their money and they will have nothing to show for it.

If there would be no weak hands then there's no chance for us to be able to accumulate or buy those cheap coins and thats why it would really be always that a part that there would really be weak hands on this market or into those people who do really love to take profit once they do hit up their target selling price which its really just a normal phase here on this crypto space.It is really just that people would really be wise on taking up positioning on this very unpredictable market and this is why errors and mistakes is really that very common just because this market is always bee that volatile.
Hitting 69k for this year? I dont think so but i would believe that there would really be some gradual increase phase when it comes to price and this something that should really might happen
but who knows whether it would happen on this year on Q1 of 2024 on which it is really that already nearly halving of Bitcoin and this is where it usually those emotions would kick in and
tons of speculations would really be circling around.

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Quote from: Oasisman on September 15, 2023, 06:57:27 PM

Quote from: Zanab247 on August 22, 2023, 09:04:51 AM

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?

Unfortunately, but only those weakhands and those who can't afford to lose what they have invested are in great fear during bitcoin dropped massively.
Personally, I don't think we're breaking near that figure by the end of this year, I just don't see enough reasons to initiate a bullrun other than the next bitcoin halving in 2024. So, it's either bitcoin will start pumping pre halving early next year or most probably going to have another ATH post halving, just like every other bullrun from the past halvings.

Weak hands should really rethink their strategy, what is the point of investing in the best asset they could find if they are going to lack the mental fortitude to hold it to the end? In that case they might as well just keep their fiat and save themselves the trouble of losing their money just because the volatility of bitcoin scares them, otherwise they will lose their money and they will have nothing to show for it.

jasonjm

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Looking at the recent market trends, one thing is evident, bitcoin is not going to $69k at the end of 2023. The price might fall further from the current level toward $20k or below. This year, we might see the continuation of the bear pattern. The price will increase in 2024 after BTC halving, and we might see a new ATH.

Fivestar4everMVP

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Well, there was never a time I was expecting the price of Bitcoin reach its previous all time high before this year ends or during the end of the year.

Though; i am personally expecting a pre bull run to start by November this year, but this is still my prediction and expectation, it's nothing to really hope or depend on, if a pre bull run should start by November as I am predicting and hoping, then I expect the $69k mark to reached by January ending or begining of February next year .

Though like I've said previously, this is all my prediction and expectations, it's not a financial advice to anyone, anyone who decides to use this as a financial advice does so at his or her own peril(risk)

Oasisman

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Quote from: Zanab247 on August 22, 2023, 09:04:51 AM

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?

Unfortunately, but only those weakhands and those who can't afford to lose what they have invested are in great fear during bitcoin dropped massively.
Personally, I don't think we're breaking near that figure by the end of this year, I just don't see enough reasons to initiate a bullrun other than the next bitcoin halving in 2024. So, it's either bitcoin will start pumping pre halving early next year or most probably going to have another ATH post halving, just like every other bullrun from the past halvings.

ajiz138

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Quote from: cryptomaniac_xxx on September 15, 2023, 04:11:23 PM

Of course there is the possibility that within some months or some weeks or at least at the end of the year as you have asked, we might see $69k. But perhaps we are just trying to be realistic to say that it's not possible in 2023, as we are still in the bear market.

But if we talk about 2024-2025, yeah there is a big possibility, early next year we will have our halving. And then after that there might be a growth in 2024 and that's where the possibility that it can reach $69k and most likely if we do that, a new all time high is in the horizon for us at 2025.

Don't say a few weeks because it's not realistic for me for bitcoin to get back to $69K being in a bear market long enough we have to be able to survive and continue to accumulate it in the event of a halving, bitcoin will not be immediately high but there is a fairly slow recovery process but in the end it will rally.
The current year is more appropriate to accumulate than to think about the price at the end of the current year because my prediction is $40K of course it is a wild guess. Cheesy

By the end of 2024 and the beginning of 2025 we want to see that time and how much bitcoin we have by then after a long time of accumulation, even that will be a significant growth according to some media sources, but once we just hope full while the current expectations are not so meaningful, just need to WAIT.

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Quote from: Zanab247 on September 12, 2023, 12:46:34 PM

Quote from: Ziskinberg

Not this year of course as we are not even expecting it either but can be possible next year.
The market doesn't look bad actually so we have to lose hope of seeing another ATH. Although the market is struggling hard to keep the uptrend momentum, yet it is not enough to think badly about it. In fact, we've come to this situation many times but it rises back which means that we still have the chance to see the price of BTC at $70k. We just need to be patient and yes, we have to believe the 4-year cycle in crypto.

Don't you know that within some months or some weeks it can happen for the price of BTC to move back to $69k or above that price because, anything can still happen within few months that remaining before the end of the year for people to feel there is a hope. Why must you think badly for $25k because, there are many people using this opportunity to continue buying some coins to have something big to earn when the bull appear at any time because there are still some people that will miss it when the steady bull begin in the market. I know that next 3 or 4 years will going to be a good pump for those that no how to hold long because, the price will surely reach $80k or $120k in 2025 for those that endure during the bear to smile.

Of course there is the possibility that within some months or some weeks or at least at the end of the year as you have asked, we might see $69k. But perhaps we are just trying to be realistic to say that it's not possible in 2023, as we are still in the bear market.

But if we talk about 2024-2025, yeah there is a big possibility, early next year we will have our halving. And then after that there might be a growth in 2024 and that's where the possibility that it can reach $69k and most likely if we do that, a new all time high is in the horizon for us at 2025.

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Quote from: Ziskinberg

Not this year of course as we are not even expecting it either but can be possible next year.
The market doesn't look bad actually so we have to lose hope of seeing another ATH. Although the market is struggling hard to keep the uptrend momentum, yet it is not enough to think badly about it. In fact, we've come to this situation many times but it rises back which means that we still have the chance to see the price of BTC at $70k. We just need to be patient and yes, we have to believe the 4-year cycle in crypto.

Don't you know that within some months or some weeks it can happen for the price of BTC to move back to $69k or above that price because, anything can still happen within few months that remaining before the end of the year for people to feel there is a hope. Why must you think badly for $25k because, there are many people using this opportunity to continue buying some coins to have something big to earn when the bull appear at any time because there are still some people that will miss it when the steady bull begin in the market. I know that next 3 or 4 years will going to be a good pump for those that no how to hold long because, the price will surely reach $80k or $120k in 2025 for those that endure during the bear to smile.

Ziskinberg

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Not this year of course as we are not even expecting it either but can be possible next year.
The market doesn't look bad actually so we have to lose hope of seeing another ATH. Although the market is struggling hard to keep the uptrend momentum, yet it is not enough to think badly about it. In fact, we've come to this situation many times but it rises back which means that we still have the chance to see the price of BTC at $70k. We just need to be patient and yes, we have to believe the 4-year cycle in crypto.

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Quote from: Zanab247 on August 22, 2023, 09:04:51 AM

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.

Actually, many crypto investors want to see the price of bitcoin soar since it will bring them profits, but not at a price that is too high or above what they had anticipated ($69k) this year.
Bitcoin will cost $69k when the time is right. There is no need to concentrate on that price right now because it won't happen this year and there won't be an important event that will drive bitcoin's price to $69k before the year is through. By the way, 2023 will finish in three months. Hopefully, by 2024/2025 you and I will be looking forward to the $69k price of bitcoin

Considering what the chart is saying, it might be difficult for we to see an all-time high of Bitcoin this year. Remember we have less than three months to end this year. Although if bitcoin wants to surprise people, within one month it can make a very huge movement to even surpass the all-time high but this kind of movement is only possible when there is a bull run.
I had already anticipated that this year, bitcoin might not be able to surpass 45000 dollars. We should always expect a new all-time high after every halving and a major bull run, that is how the market has been. So, we should anticipate a new ATH by 2024/25

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Quote from: Aanuoluwatofunmi on September 01, 2023, 09:58:11 AM

Bitcoin will always make the move to rally round the bull market and increases in value, no matter how it go dip, there's always a confidence in its ability to rise back, what we may see this year is something close to $68,000 by the end of the year and if we aren't that close to such, there's more chances that we are likely going to experience upto $50,000 then maybe next year before the halving gets to $68,00 in view which will then mark the beginning of a bullrun.

But this time we are not in an uptrend situation, instead, the market is still in a bearish downtrend. Crypto traders don't want that to happen, which is why we can't do anything but wait for it to happen anyway. And that depends on the volatility levels and how aggressive it will be in the market.

But with what is happening now in the news, it seems that the movement of its price value is not enough at the moment to break the support and the resistance to go to 27–30k and above, in short, we are not in a scenario like that yet, unless something unexpected happens.

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Quote from: JoyMarsha on September 08, 2023, 05:51:19 PM

Quote from: Zanab247 on August 22, 2023, 09:04:51 AM

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.

Actually, many crypto investors want to see the price of bitcoin soar since it will bring them profits, but not at a price that is too high or above what they had anticipated ($69k) this year.
Bitcoin will cost $69k when the time is right. There is no need to concentrate on that price right now because it won't happen this year and there won't be an important event that will drive bitcoin's price to $69k before the year is through. By the way, 2023 will finish in three months. Hopefully, by 2024/2025 you and I will be looking forward to the $69k price of bitcoin

Who would not want their Bitcoin portfolio value to increase, it is obvious that we all wanted it to go up in value and I do not see any fault on dreaming it to went very high in value. People are free to dream anyway, but apart from dreaming, we must stay in reality because it will make us crazy if we don't. So I guess Bitcoin recovering $69k this year is too much. I believe we might cross that price again somewhere during the bull run in the year 2024 or 2025(more probably this year) when Bitcoin price is gearing to break its ATH.

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Quote from: Zanab247 on August 22, 2023, 09:04:51 AM

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.

Actually, many crypto investors want to see the price of bitcoin soar since it will bring them profits, but not at a price that is too high or above what they had anticipated ($69k) this year.
Bitcoin will cost $69k when the time is right. There is no need to concentrate on that price right now because it won't happen this year and there won't be an important event that will drive bitcoin's price to $69k before the year is through. By the way, 2023 will finish in three months. Hopefully, by 2024/2025 you and I will be looking forward to the $69k price of bitcoin

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Quote from: South Park on September 07, 2023, 03:12:21 PM

Quote from: posi on September 07, 2023, 04:47:00 AM

One more thing, if you look at the current economic situation, inflation can return at any time so it is unrealistic to expect bitcoin to return to $69k this year. While we always comfort and encourage each other to buy as much as possible every time bitcoin drops in price, I don't think many people buy bitcoin because inflation is draining us economically. Therefore, expecting large buys over the past year to pull the market up is an impossible task.

I don't even believe bitcoin can reach $30k before the end of the year, let alone $40k or $50k. The market is really getting too bleak and boring.

I think the same, if the price of bitcoin reached 40k or 50k I will be suspicious about it as that is too close to the all time high already, in order for this to happen then something huge must happen that forces people to adopt bitcoin and make its price to go up thanks to an increased demand, after all if bitcoin ended up reaching those prices now then the bull run will probably end up being way bigger than our current expectations, not that it would bother me but I simply do not see it right now.

If talking about the upcoming price increase, I have the opposite thought. Even if bitcoin doesn't hit 40k or 50k by the end of the year, I still believe we will have a big bull run that surpasses our expectations. Because I also believe that 2024 and 2025 will also be the time when the world economy enters the recovery phase. We can't stagnate and inflation goes on forever, that hasn't happened in the past. That's why I advise everyone to focus all their resources on accumulating bitcoin, this is not the last chance but it is a huge opportunity, we should not miss it.

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Quote from: Odohu on September 02, 2023, 11:28:39 PM

However, anything is possible considering the developments in the world. Some countries might just resort to using Bitcoin to avoid the political uncertainty in the world and this is enough to propel price upward.

If this happens bitcoin price will see a rise but it won't propel it to above $69k, the most important thing that can propel the price of Bitcoin to $69k is when the halving is completed. Most individual uses halving as an indication of the start of a new bull market and that's why halving is a very important event that many individuals look forward to. Most investors will only start buying Bitcoin when the halving event is getting closer or as soon as it gets completed.

$69k is an impossible number for Bitcoin price to get to for this year, I think what's is more important is for Bitcoin not to fall below $20k again because the market will surfer more from such movement. If the market trys to stay above $30k while we end the year that'll be nicer.

Topic: Is there still hope for the price of BTC to hit back $69k this year? - page 6. (Read 1415 times)