When Bitcoin is going cross $60k? - page 3.

bitzizzix

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Quote from: Raflesia on February 18, 2021, 11:32:35 AM

Quote from: lovesmayfamilis on February 18, 2021, 08:53:02 AM

If we see news or a new tweet that now not only Elon Musk has decided to buy bitcoin, but Jeff Bezos seems to have become interested and decided to buy bitcoins for himself, I think that this will be enough for a growth of 60 thousand. The information background and the actions of large investors strongly influence the growth in recent years. If Facebook and Apple still decide to invest their funds, the rally will continue and is unlikely to stop at 60,000.

This is really shocking news if it is true that Jeff Bezos will also follow in Elon Musk's footsteps. I think their tweets can amplify the price even higher and many people have more confidence in real bitcoin investing.
The rally will not stop if big people are interested in this. For me the rally will not stop if there is news about other big companies investing their funds into bitcoin. Can this happen with 100k pieces after many companies glanced at it?

I thought this might happen.

Yes, the bitcoin ecosystem is also contributing to the increase in digital assets, such as payment service company Paypal which late last year launched a crypto buy and sell feature and accept crypto transactions and now Elon Musk through Tesla made a purchase of Bitcoin worth $ 1.5 billion recently.
and much more good news like Jeff Bezos planning the same thing and attracting more mainstream investors' attention which makes bitcoin price go up, and to hit 60K, I am very optimistic it will happen in the near future even more.

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Quote from: lovesmayfamilis on February 18, 2021, 08:53:02 AM

If we see news or a new tweet that now not only Elon Musk has decided to buy bitcoin, but Jeff Bezos seems to have become interested and decided to buy bitcoins for himself, I think that this will be enough for a growth of 60 thousand. The information background and the actions of large investors strongly influence the growth in recent years. If Facebook and Apple still decide to invest their funds, the rally will continue and is unlikely to stop at 60,000.

This is really shocking news if it is true that Jeff Bezos will also follow in Elon Musk's footsteps. I think their tweets can amplify the price even higher and many people have more confidence in real bitcoin investing.
The rally will not stop if big people are interested in this. For me the rally will not stop if there is news about other big companies investing their funds into bitcoin. Can this happen with 100k pieces after many companies glanced at it?

I thought this might happen.

aysg76

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I think the price will drop around 48k-49k range again then will jump towards 60k. Sell pressure is high at this time.
The possibility of 60k is around mid-march or march end.

BrewMaster

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you have to keep in mind that $10k rise is not always the same size of rise even though the value seems equal. for example from 0 to $10k was also a $10k rise, so was from $10k to $20k but the first one is million percent rise and the second is only 100% and what we had last weeks where price went from $40k to $50k was just a 25% rise. similarly to go to $60k it will be a 20% rise.

what i'm trying to say is that the higher we go the easier it would become to surpass these targets because each time it becomes a much smaller rise.
you can compare these rises with massive markets such as stocks that are worth hundreds of thousands of dollars and they go up 5% which is something like $20k in one day!

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If we see news or a new tweet that now not only Elon Musk has decided to buy bitcoin, but Jeff Bezos seems to have become interested and decided to buy bitcoins for himself, I think that this will be enough for a growth of 60 thousand. The information background and the actions of large investors strongly influence the growth in recent years. If Facebook and Apple still decide to invest their funds, the rally will continue and is unlikely to stop at 60,000.

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Quote from: bitgov on February 17, 2021, 05:43:43 AM

Only a week, from February 10-17, we waited for Bitcoin's price to jump from $40k to over $50k.

How long will we wait for Bitcoin's price to reach the new ATH above $60k?

If the situation is almost the same as before, we only need to wait for a week to see the price will jump to $60k. But I guess that is not like that the scenario because we can not predict how the bitcoin price will move later. We can only hope and be ready for that, especially if you have a target price of $60k. But I am sure that we have much time to see that, and bitcoin has time to increase to that price. But I guess after what we see now, maybe we will see another correction for the price before the new ATH can reach.

Sled

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From $40k, $50k, and aiming for $60k. What next, reaching $100k? We don't know yet when, but it really achieves someday.

But, I don't put it in my mind because for now, I was hoping for the market to slow down again and let early seller, weak hands to reinvest again before it will gain back to another ATH. I know there are a lot of people waiting for this dumping scenario but I saw that the market seems not to give any chance.

ElmedoRator

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I think it will be at that price soon, when I look back at the bulls and corrections of bitcoin I see it has a large fluctuation of $10000, as you can see when it reaches $40000 it wants to return to the zone. support is at $30000 and now it is above the $50000 mark, so I just have to wait and see it reach even higher prices soon.

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I think we’ll probably have a leg down before we see $60,000. It’s only my opinion but maybe we see $40,000 fkr a few weeks before we pump to $75,000 or something like this.

menoiazei

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I think 60 loading and will come soom
real Question now is when it will hit the 100k

goaldigger

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Quote from: bitgov on February 17, 2021, 05:43:43 AM

Only a week, from February 10-17, we waited for Bitcoin's price to jump from $40k to over $50k.

How long will we wait for Bitcoin's price to reach the new ATH above $60k?

There's a big resistance on the price of $53k, so I think this is not an easy up trend anymore since many will start to take profit and we might see the correction to start as well. I'm not bearish on this market since then, but the up trend must stop at the specific price and for me if we can't break the price of $55k, then correction is about to happen. Its hard to tell when but that is for sure to happen soon, stay alert on to see that signal.

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So are you going to be opening a new thread now for every $10k mark up til $100k? Just saying, after $100k, you probably should consider one thread with a milestone for every 100k notch en route to 1 million;)

Still. One week jumps feels incredible, a little scary too. Logic dictates bull trap alert, but crypto logic isn't always easy to underline, now is it?

davis196

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Quote from: bitgov on February 17, 2021, 05:43:43 AM

Only a week, from February 10-17, we waited for Bitcoin's price to jump from $40k to over $50k.

How long will we wait for Bitcoin's price to reach the new ATH above $60k?

My prediction about a bull trap and a Bitcoin price drop didn't happen,so everything is possible.
The current news about more big institutional investors getting into BTC are creating a new FOMO phase.
The last FOMO phase ended in the beginning of January,when the Biticoin price got a small correction from 35K back to 31K USD.The new FOMO phase might pump the price to 60K pretty fast,if there aren't any legit FUD news about Bitcoin coming soon.

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Quote from: bitgov on February 17, 2021, 12:02:26 PM

Indeed, you are right. I should consider reaching $40k earlier.
However, as I wrote later, what I mean is whether the mood for a rapid rise to $60k will stay or will we have to wait for new "big news"?
It would be cool to have inside info from Apple or Amazon, but unfortunately we can only speculate about it. Cool

The good news is constantly appearing, but not as big as Tesla - yet it seems that this is enough for the price to rise slowly and is currently stable above $50k. It seems that Apple and Amazon have already been taken for granted, and now we can only wait for the official announcement which, if it happens, can almost instantly launch a price of over $60k. However, what I would actually like to see is for the rest of the world's companies to get involved - or everything will remain on the US bulls...

Quote from: philipma1957 on February 17, 2021, 11:59:48 AM

But if gold is going to be bigly mined on asteroids it will devalue like mad.

gold is 11 trillion
btc is 1 trillion.

maybe in ten years

gold is 5 trillion
btc is 10 trillion

Gold and other metals are very likely to be mined on asteroids, but not in the near future - certainly not in the next 10 years. But this does not mean that BTC does not have an impact on gold even now, because a certain outflow of funds from the gold market to BTC has already been recorded.

Quote from: https://www.mining.com/web/the-golden-asteroid-that-could-make-everyone-on-earth-a-billionaire/

Can we actually extract this space gold? That is the quintillion-dollar question, certainly.

Speaking to Outerplaces, Professor John Zarnecki, president of the Royal Astronomical Society, estimates that it would take around 25 years to get ‘proof of concept’, and 50 years to start commercial production.

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Quote from: romero121 on February 17, 2021, 04:07:58 PM

Quote from: bitgov on February 17, 2021, 05:43:43 AM

Only a week, from February 10-17, we waited for Bitcoin's price to jump from $40k to over $50k.

How long will we wait for Bitcoin's price to reach the new ATH above $60k?

Whenever I cashout little of my bitcoin there'll be rise in the price of bitcoin. Myself sold bitcoin for fiat at the price of $51254, and by the time itself my mind said there'll be growth further. Same as that the price has crossed $52000 and stabilizing. The marketcap gradually grows high, and soon it'll mark its $2 trillion marketcap if the growth continues in the same pattern through the year.

we are already in good bitcoin season mate, and very different from the 2014-2017 cycle, there was no mass adoption back then, but now many companies are buying bitcoin to store their value, of course this makes Bitcoin price stronger, because companies try to provide strong support at certain prices, yes like Tesla did!

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Quote from: bitgov on February 17, 2021, 05:43:43 AM

Only a week, from February 10-17, we waited for Bitcoin's price to jump from $40k to over $50k.

How long will we wait for Bitcoin's price to reach the new ATH above $60k?

Whenever I cashout little of my bitcoin there'll be rise in the price of bitcoin. Myself sold bitcoin for fiat at the price of $51254, and by the time itself my mind said there'll be growth further. Same as that the price has crossed $52000 and stabilizing. The marketcap gradually grows high, and soon it'll mark its $2 trillion marketcap if the growth continues in the same pattern through the year.

Smitty Werben Man Jensen

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Quote from: bitgov on February 17, 2021, 05:43:43 AM

Only a week, from February 10-17, we waited for Bitcoin's price to jump from $40k to over $50k.

How long will we wait for Bitcoin's price to reach the new ATH above $60k?

it won't wait long to go to $ 60k, fomo to $ 50k has already been reached, and it's time for $ 60k to be reached soon, because if the Bitcoin price can't hold above $ 50k then the mid-term bearishness will get stronger, then the price should stick around above $ 50k if you want the bullish cycle to last long, im sure price btc will above $60k soon. HODLgang!

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Quote from: Oasisman on February 17, 2021, 06:47:26 AM

Are we going to keep talking the same thing over and over again?
Btc hits $40k, then post like " when will Bitcoin reach $50k?" Occurs. Now, Btc hits $50k, then here comes another post.

Nobody can predict when will Bitcoin hit $60k, $70k, $80k and so on..
You could actually post your analysis on your next prediction and ask the other users for their prediction as well to make this topic worthy to be discussed, rather than flatly asking "when will Bitcoin hit $60k?".
Simple answer to that is, I don't know. Lol

Hey man, have you realized we are in the Speculation Section?

Of course we are going to keep talking about that again, so if you don't like these posts, don't read them. You can put the whole section on ignore.

This being said, I agree with you that nobody can predict the price but I like these sections because we can guess, and people give their opinions. Posting complicated analysis with charts doesn't make the prediction much more reliable.

Quote from: philipma1957 on February 17, 2021, 07:45:06 AM

Smart man.

The answer is soon bro real soon.

Hi philipma1957. I hope you are right, otherwise I am going to call you a jinx, lol.

thecodebear

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Bet it'll hit $60k during first half of March.

hugeblack

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Quote from: philipma1957 on February 17, 2021, 11:59:48 AM

You have a logical view of this matter, no one can predict what will happen, but we are witnessing an exceptional year in all areas.
the recent stimulus packages and low interest rates may accelerate the access to 10 trillion market capacity.

Generally speaking, I respect you because you are the only person who had a good view of Dogecoin before the current hype.

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