Bitcoin Forum

I have a feeling that bitcoin will break $60k anytime soon, bitcoin has a huge pump with 59850 24 hours high in Binance.
https://www.binance.com/en/trade/BTC_USDT

What can we expect after bitcoin will hit $60K, is it gonna continue or will drop?

$60,001 or $59,999 hard to be sure ...

Lol, it only need less than $200 to hit $60,000... it's hard to hit $60k because we been in this position before but once bitcoin his a new ATH, another run might start again and I don't know what price it will stop that's why I'm asking for your opinion.

As what I have read, some said that the price of bitcoin has no ceiling at the moment, and it seems correct.

It possibly won't continue because it's expected that day traders and short sellers will dump their asset. We can't stop them on their desires specially when money is really a big issue during massive pumps. Other sometimes having fomo, so they'll prefer to take back their capital instead of holding for another future price targets.

Well it looks like your prediction was accurate since now Bitcoin has surpassed the 60k price point.

As for whats next my guess is that it keeps going up before it turns back around and goes own.  My reason is Im very Bullish and liking this new all time high.

The most normal scenario is that it will continue to rise. I don't expect any major correction (40% or more) until we cross $100k. Demand clearly outstrips supply, and that can only drive the price higher.

Haven’t you been following the crypto market in the last few months, so you can already easily figure out what’s next? This mini-pump may be linked to stimulus checks as part of a $1.9 trillion US aid program that will soon begin to fall into the hands of citizens - and some money is likely to end up in the crypto market again.

If we take into account that since the beginning of the year BTC has achieved an incredible growth of as much as 100% ($30k -> $60k), the real question is whether we should hope that by the end of the first half of this year the price will reach the magic $100k?

For those who are wondering if it is the right time to invest, I can only say that this train is accelerating more and more and it will be harder to jump on it, especially for ordinary people for whom BTC is simply becoming too expensive every day.

I have been following the market of course but the price is just so high IMO and I'm afraid that we will experience the same scenario in 2018. The doubt is still in my head, lol.. but I guess this is a different bull run, probably much bigger and more stable compared to the past.

$100k should be easy to hit provided bitcoin remains bullish, I think $100k could be achieved by the first half of this year.



I would not hesitate to jump if I see a good opportunity to sell that would already satisfy me, though it's a running train but I should stay realistic as anytime this hype will die and correction will start.

If it will hit today then OK it hit that price.
Is there any significant meaning about it?

The stimulus package that Biden has just approved is a good thing for crypto as a whole thus, we saw some of the coins gone up and it might continue for some weeks.

Right now it is hard to predict because that price can be a psychological resistance for now because it is the first time we saw Bitcoin hit that price. At least the best thing that we can do is to see what will happen in the next few days with it. It might continue or it might drop. We don't know. Its best that we have a plan if it drops or it continues to go higher and higher. Right now if you want to ride on the train, I can say that its too risky knowing that it is at the top already. Maybe wait some time and be patient :).

In Bittrex, the new ATH is at $60k.
Even though the price now struggles to be at $59k, I am sure the price will be back to up to $60k and even break the new ATH in the next moment. And now, it is back to $60k.
But when will that happen? No one knows.
So if you think that your target price is at more than $60k but less than $65k, you can try to place your target sell and wait for a while.
But if you think that bitcoin price will still increase to $100k or even more, you can hold for more and not panic if the price drops suddenly.
This moment is a happy moment for us because, finally, bitcoin prices can increase again, but be careful. We never know what will happen after this rally, so prepare for anything that can happen.

what was the cause of the quick pump to the ath?

Another milestone of success, today bitcoin hit a new ATH and it seems it could go higher again.

Just like what the trend suggest, when it hit a new ATH, it usually pump more.

We should not be surprise now, when bitcoin is bullish we have no idea when it will stop but as soon as the correction starts, we should be alert so we can jump the ship and take that stable coin to save the value of our bitcoin.

We do not know for sure.

It took long days to break $60k and now since it already suppressed $60k it seems $100k is just a matter of time. When BTC was below $10k it looked like a luxury desire to think of BTC at $100k.

It's been long 10 years since institutions had their faith in BTC investment and since they are already in I think the support for BTC will be strong for anything under $30k. Some people are waiting to buy back the BTC they sold.

I think it will continue to rise, if we look at the volume it is clearly a buyer, it looks very good to continue rising, I think we can continue to see much more ATH, if it continues like this it may close its daily candle at $ 68k- $ 70k.

In Tensorcharts.com you can see:


https://i.imgur.com/SPuK1W3.png

I believe that a lot of institutional investment may be entering, therefore many will enter buying so as not to miss the movement.

I've checked the market and it's almost $60k I believe it's gonna continue momentum is still high, there's no breaking the momentum, but never rule out the correction, there will be traders who will sell for profit, that's understandable but it's not going to be a bear market yet, we are far from it, best time for the market as Bitcoin, keeps setting up new record every week.

I don't know why bitcoin price always be pumped at Saturday and Sunday, yeah if you pay attention to the previous bitcoin price movements.

Although, I just have a prediction that bitcoin is failed to break $60.000 and give a sign that bearish market was coming, but it is wrong now.

Seem like bitcoin price will find another new all time high and I predicted that its price will touch $68.000 and make a sideways market at that price.

$60k is a whole number, and I don't know it seems that when we reach this kind of mental barrier, the price seems to dip a little. Just like what we have witnessed today, once the price hits $60,200 it suddenly went down very quick. For now, I would say that it is not sustainable, we might see some minor drop in the next 24 hours. And then we will see what's going to happen on Monday. Maybe the price will somewhat bounce back again and then $62k-$65k at the end of next week.

Of course no one can know (at least not ordinary mortals) what will happen to the global market tomorrow or in 1 month, but we can help ourselves to some extent with history - and for now BTC has always followed some patterns.  If we are guided by the last halving from 2016 and ATH that happened at the end of 2017 - then this can be an example for us to compare the halving from 2020 and the bull run we have right now.

While anything is possible, it doesn’t seem likely that this bull run will end this year, which would mean we have almost 10 more months of growth ahead of us with minimal corrections. I understand human caution because many have been burned last time, but while some are waiting for that big correction, they seem to be expecting it in a completely wrong year.


Maybe your caution is good, maybe it's not - as I already wrote, I think many have completely misjudged the time ahead - halving + large institutional investments this year will probably result in the biggest bull run in BTC history.

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Everything written is just my personal opinion, investing in cryptocurrencies is always a risk, not only because of the price, but also because of the security of such digital assets.

Fibo extension says btc next top between 68k and 75k...

so far this rise for the past 10000 dollars has been a very slow but strong rise and i don't see any reason why this trend should change after $60k is broken. we can continue having the same slow and strong rise for yet another month.
that is of course until the weak hands who panic sold recently start their FOMO and make the price shoot up all of a sudden.

The current bitcoin price trend tends to rise slowly, even after rising and becoming a new ATH there will definitely be a small decline and will slowly rise again from the previous price.
It seems that in the next few days the bitcoin price will continue to rise and reach 65K. I think it will happen and I am very optimistic because the movement is the same as the previous ATH movement.

Still close and moving positively, the chance of breaking this level is so close now,

We can possibly see this and it might continue for more,  currently the value is $59,746.40

seems that for this current momentum there's no stopping as yet.

https://i.imgur.com/e8S1nXb.jpg width =200

$290 away from $60k as I write this--and I think that's pretty cool, but $60k isn't exactly a huge landmark like $50k was.

Let's put it this way: the market for bitcoin right now is extremely bullish, and I would be willing to bet that by the end of the day it will have broken through the $60k barrier.  As far as what's next, well, probably it'll keep going up until the next correction.  But frankly I've learned that making predictions is just a waste of time, because I'm usually wrong.  Bitcoin tends to not do what I want or think it's going to do and I've come to accept that.  It's got a mind of its own.

What I'm wondering is when $100k will be reached, because considering where bitcoin is now, that landmark isn't too far off--and it's crazy to think that's the case, but it is.  I never would have predicted any of this for 2021.

At this time of writing it has already surpassed the ATH of $60000 mark locking the mouths of haters who always think btc as bubble.In just few months this milestone has been achieved even after crashing to low levels of $3k also and huge investment in Bitcoin market have pushed the prices 20 times and now they stand above $60k for first time in history.Set your next milestone and btc will achieve that also in short span.Next goal is $100k so HODL.

$60k has been breached and mission accomplished, so the next target looks near $63k and the 2nd resistance is at $75k, last one is over $100k. But as it is looking more hyperbullish, the dangers of a sell off are also high now because btc is looking overbought and it will soon get its dominance reduced due to so many newer categories getting added to crypto.

Nowadays even the Bitcoin price has managed to rise above $ 61k, this is very good thing for Bitcoin holders. Of course then Bitcoin will try to go up
to the next target, it is possible that Bitcoin will try to go up to the price of $ 75k, and after that there will be a deep correction to the price below $ 60k.
After that it will rise again past the $ 75k price again and reach the next target of the $ 100k price, which is likely to be reached later this year.

Yes, it feels good to see that finally, $60,000 has been broken. And I would say that it was a struggle in the last week or so, as it is moving sideways, at least a break out run in the last 24 hours, and thanks to the stimulus cheques.

I don't see in on the overbought though, more wiggle room to make to $72,000 this month. $100,000 could be reach probably in the last quarter of the year as usually we will see huge rally along that time. So it's hard to see what will be the top price for BTC this year, and I would say that sky is the limit.

Today it just hit $61k and it's going to continue TO $65K there will be a correction, but that correction will not stop the momentum to go $70k before the end of March, I expect Bitcoin to be in the $70k level before the end of the month and on the way to $100k and about the bear trend, we'll taker it as it comes just like in the past.

Markets have the tendency to keep moving in the same direction, we know there are setbacks and corrections but so far the positive trend has not been broken so it is safe to assume that things are going to continue in the same direction for some time and it seems this is the correct conclusion to take as right now the price of bitcoin is above 61k, and what I like the most out of this movement is that bitcoin is slowly recovering some of its market dominance that has been going down during the past weeks and that is always a good signal.

$60K isn't that important but $59.5K is because that is where BTCEUR is 50K Euros. That number is much more significant than $60K. However this number varies on different exchanges, if you look at Coinbase there was a huge premium and even though it broke 50K Euro the top was only like $60.5K USD when the spot went closer to $62K. Hence there is a large cap.

So this is why price is stalling in this area. Many people had orders sitting at 50K Euros and it look a while for them to fill. Most likely the next major resistance will be for the Aussie and Canadian currencies of $100K which is around $80K USD.

I would think we retreat to 55k in any year but 2021.

This year a lot of stuff has happened and of course last year set the stage for this year.

We are 100%  every day this year is higher than any ath of any prior year.

this only happened in 2009 because 2008 was zero.

So I will predict we push to 77777.77 usd as 7 7’s seems cool.

I sold a little over 60k

my next sell Point is 70k

another drop?

let's just wait for the stimulus package to be distributed and then we can see what will happen. most probably a dip again down to 48K or so. it will keep repeating we don't know when it ends. but this is like airdropping stimulus package to crypto traders as well. if it continues to go up to $100K I'm gonna believe that it will really blow up as Keiser said.

https://twitter.com/AngeloBTC/status/1370679565333319681  I think angelo sharing this helped bitcoin go up a bit more. I get that not many people believe the power of one person but whenever a very influential person writes about bitcoin, it actually moves depending on what they say.

Angelo is a huge huge whale, he is one of the biggest there is, I really can't even tell you how much money he has but he has all the money in the world to just leave all of this and do whatever the hell he wants and he would still be capable of living comfortably, but he still deals with crypto. He wrote this and ever since that moment we broke over ATH and reached over 60k. Just like he says, 100k is possible, by the looks of it people are really interested in that and I think it could work the best for us, I believe we are going to end up seeing 100k this bull run before it ends.

With current movements i can only wait and see if it still corrects to $ 55k to buy back, and the next price i will sell may be $70k -75k.
Looking back from the ATH breaking bit so far, the amplitude of bitcoin's volatility is really huge, this growth trend is not known how long it will last.

Since the major psychological resistance which was $50k (round number) is now long gone, the next for bitcoin is a much smoother rise. So I don't expect any major corrections any time soon and price could hit next targets at $70k and $80k very soon (keep in mind that rising from $60k to $80k is a lot smaller than what we had recently which was going from $40k to $60k, 33% rise versus 50% rise so don't let the numbers scare you).

The next major correction (ie. falling about 30%) could happen when we are trying to break $100k.

Bitcoin has broken 61K this weekend but monday will be very important. If you notice that there is not much volume when bitcoin crossed 60K. So it will be interesting to see how the monday turns out to be. Either we will see a continued green monday with volume coming in or we may see a dump to previous all time high of 58K.

Lol, you read my mind.

It did just broke $60k. It's amazing how it goes up without the need for any reasons at all.
Next stop is $70k. Who would think we are this far by now after so much intrigues coming from both media and government?
Predictions are starting to come true.
They might not be Nostradamus but that was a good assumption.
I wish we won't see suicide attempts because of excessive regrets.

Another month, another ATH reached for bitcoin. This is truly momentous event for bitcoin community. Though we experienced correction, bitcoin is going up again. It means, the foundation of 50k level is going stronger and it would be hard to dump at low price level like 30k. So definitely, our next target is 70-80k, which is more than possible to happen this year.

Already Did and what's Next is 61k in which already broken , Now the target is 65k and if this will be taken so the 70k is already next for sure.
Possibility of Dropping is there but only for a while because of those who will exit and take their profit but won't effect that much because we are more waiting the 75,000$   target and this is what  most of the speculation tells even from the beginning of this year.so maybe we must keep holding instead of selling.

Bitcoin price already touches $60k. But it will not stop at that price because the price can increase more than now.
Maybe the next target price will be at $65k and then $70k. But we do not know if the price can still reach that price or not, but hopefully, $75k-$80k will be possible to reach this year.
But after it reaches $61k, I wonder how deep the price will get down because I think the correction will come after this. I only hope the price will not go down below $55k.

It's not going up as what we are expecting, it looks like it's staying at $60k level, it suppose to breakout as it already reach a new ATH. I have a feeling that this pump might not continue and bitcoin will drop back below $60k, I hope my instinct is wrong.

We just had a huge increase recently, we can't expect bitcoin to go up 1k per hour for 1 week, that would mean 168k increase in a week, which means that sometimes it goes up, and sometimes it stops, but doesn't mean that it will stop for a long time, it just gives a break. I think we are going to see bitcoin rising to 100k very soon, but I think it will be like a bit of wait, then 5k up, a bit of wait and 5k up, when it reaches 70k a bit of drop, then one week wait and a 5k up that type of increase bigger and drop a bit, increase bigger and a drop a bit, those type of things could actually happen if you ask me.

It is not going to be simple but I think it will still happen, no matter how hard it becomes, we are going to be here doing these no matter what because there are a lot of buyers, even companies ending up buying billions of dollars worth.

If we consider this issue from the point of view of fixing profits, then I would do it on levels of more than 60k. The probability that bitcoin will do + 100% (will double) is much less likely that it will do -66% (will fall three times). If we talk about long-term investment, then you should not pay attention to today's price at all.

Wait for the top to be called off soon, and see what happens when these stimulus money investors start taking out their profits. There will be panic sell, a huge one with total Fomo and much more. I don't see an end for btc as it cannot die, but when it will get down to the old levels once again soon and lick the dust, it will not recover like it is doing now because big scale companies are now treating btc as their pet and taking it where they want it to go.

The price of bitcoin rallied from $10k a few months back and it is now holding above $60k which is an insane rally and there are investment coming in even at this price, i was expecting a correction a long time back but it is hard to understand how long these institutional investors keeps on pumping money in it and if they think that they wants to dump everything after the price doubles from this valuation then you might even see those valuation in this rally.

Even if you are looking for long term investment then you should wait for a correction rather than investing at this price.

No matter what will happen next, you must keep in your mind that Bitcoin will continue to grow, 70K, 80K and more. And of course, the progress will not be smooth, we will see the price drop but in the end, the increase will continue. So I think the good decision is to stop asking what's next but you must start invest before too late

it looks like Bitcoin will experience a correction to $ 55k to $ 58k again, this is because there is RSI divergence in large time frames,
this is just my speculation, if you believe please sell gradually at the price of $ 60k, and buy back again at the support I already mention it.
but take it easy that Bitcoin will likely fly even higher!

A few people saying it will hit 70k but before then its likely to pull back and revise lower prices seems like, certainly for the moment we have risen in line with past large gains and its hit a ceiling of gains in line with that.   Speculators will take profits so there tends to be a cycle of closing trades to realise gains before any further speculation at that time.

https://talkimg.com/images/2023/06/12/AjQG2.png

So 56k would be the next rung on the ladder, if we do not hold this area especially.  Its not that bearish just rechecking prior gains and that would also be the weekly average.  62k above is about top if it does clamber back above and regain momentum over this week.

I guess so because the price stops increases and stays at $60k.
Maybe we need to wait for more to see the price will start another rally to the next high price.
But once again, we do not know what will happen to the bitcoin price next month.
And if the price is down after reaching and breaking the highest price or the new ATH this time, we really need to be careful and prepare our money to buy back bitcoin because I think that can drop significantly.
But I hope it will not like that.

Looks like the price correction of bitcoin starts now where it goes down fro. $59,999 last night it become $55,111 tonight. Well a 10% less of bitcoin market demand was a big difference right but it is as good as like it became $45,000 the last few weeks. But I'd still feel that bitcoin wouldn't go down its market value lower than $40k-$45k. I just feel that bitcoin market was a good now as it was like before afte 2017 ATH attained.

If Bitcoin hit $60K. What next? The answers to your question are depend on what is your purpose for your Bitcoin, If your purpose for profits, you can sell it and take profits, but if your purpose for long-term investment for a better future, so keep hold it. Traders of Bitcoin will happy, but Bitcoin holders are happier

Bitcoin will surely hit above 60k$ this year, i believe year 2021 is the year of bitcoin i see it since the year started, maybe it will end up to 100k$ at the last quarter of the month so lets hold and if posible lets full pur bags for big profit, but still depend on what you believe   because crypto is really risky, take the risk and earn a big profit or dont take risk and earn small amount.

I think we have the answers already, bitcoin didn't sustained the $60K price level.

Resistance along this price is too big, selling pressures pulling the price to $55k in 2 days. Plus I've read that there are some FUD regarding a whale moving a billion worth of bitcoin and probably scare a lot of newbies and panic and sell their coin.

Bitcoin is likely to experience a significant increase, but it will stay on track every time there is a correction. So I think this is the fair scheme of bitcoin and before heading to the moon there will still be corrections and declines. so it can be used to buy

Still affecting the entire industry, such whale dive automatically creates panic from weak holders, it's really hard predicting what will happened after breaking a new ATH.

Chances that early holders also ride along with fuds, adding selling pressures as they already have enough to cashout and enjoy.

But, there are still believers who are still keeping their assets, institutional investors who
have enough knowledge to understand this temporary situation, investors who are aiming
to maximize their benefits from this market.

before the dump to $ 54000, the price of Bitcoin has reached over $ 60000, yes correction is very reasonable when the price goes up high,
we are entering bull season so don't worry about bears, mate, it's summer not winter haha, we haven't entered winter yet,
so polar bears still sleeping, investing in crypto is very bright for this 2021, don't miss it!

I am sometimes surprised by Twitter accounts that report the transfer of large assets, I just think they make small FUD...
Bitcoin has already made a new ATH and touched $ 61k, now we see the price is slightly corrected from the ATH. in the future maybe the price of Bitcoin will continue to correct, I am campaigning to buy. *market correction = discount of Bitcoin

They just creating little panic so that the price of bitcoin can possibly lower go down so for them to buy and people should remember that we are not the same before that's why I believe we cannot experience the same bear market season happened last year 2018. It's perfect time to buy at the current rate since it's dump a thousands of bucks since I think the pump will follow after this.

I think that is the whole purpose, we know there are twitter accounts that are watching for big deposits of coins to exchanges and when there is one people panic thinking a whale is going to sell and for the most part I think that is the whale playing with the market waiting for the dump and then buy the coins of those weak hands for a cheap price, and quite honestly I think the current decrease in the price we experimented a few days ago happened precisely because of this.

That's why I don't like to follow those twitter accounts that monitor huge transactions.

It's like they are they creating panic if someone sees that a large chunk of bitcoin moves from exchange A to Wallet B. Of course the people behind might not have this purpose in mind in the beginning. But there could be people who uses to create FUD around the crypto for whatever reasons.

But yeah, in any case, we've seen that the price has rebounded already, no more bleeding in the market, bitcoin and other major altcoins started to post positive and green numbers. So what next? Still the obvious target $60k-$70k this month.

I do agree that those accounts that create panic about whales selling or even withdrawing account is a big problem in the crypto world. If someone withdraws 50 million dollars worth of bitcoin from binance that doesn't mean anything, if they put in 50 million dollars worth of bitcoin that doesn't mean anything neither.

Numbers could change, places could change, but people with money doing something is never really the deal and never really mattered. Sure when they end up selling or buying that matters but just because it moved doesn't mean that they will do something with it, that is why I think it is quite obvious that nobody should be focused on that too much. I do my own thing and I do not care about what others do, you can be Eon musk or tesla buying 1.5 billion dollars worth of bitcoin again or selling your purchased ones and I will still not care.

One thing that I found out is that despite being on the market for so long I am still learning, there was a time in which I followed those accounts to keep myself informed about what was happening, but as I said if I can do that then whales can do that as well and take advantage of it, they can just move their coins from one exchange to the other and everyone panics, the price goes down and then they get access to cheap coins while the rest of the market gets worried about a possible crash.

The Nex is Yet to come mate , after reaching 60,000 the price drops a little to 55,000 but thats the lowest so far.

So asking about what's next maybe 75,000? who knows right?

But what i do believe is that Bitcoin will surely go more higher this year of 2021 as the pandemic teaches people more things than just buying and selling.

I hope that $55,000 will be the lowest price and will not go down for the other lowest price, but we can not be sure if that price will not go down. Yes, $75,000 will be the next target, but before reach that price, maybe we need to wait for bitcoin to reach $60,000 first and then increase and break the barrier to go to $75,000. This year brings new hope for bitcoin to break every highest price ever, and that can give us a bigger profit which we can not imagine before.

Nexo boss just said today that 100k is inevitable,,, but it will be a bumpy road. I generally do not like to listen to all these big guys talk about Bitcoin price but I actually believe this already. We will be at 100k one day. Maybe not this year maybe not even next year but we will surely arrive at the way Bitcoin keeps rising.

It will not be fun all of the way but keep hodling;)

At this time if it reaches $ 60k it is very likely that it will go up to $63k.

https://i.imgur.com/3PRrhRV.png
Source: tensorcharts.com

I rely on tensorcharts.com showing the actual orders and where the main buyers and / or sellers are, the levels shown by this platform appear in negotiations at $63k as I show in the arrow.

The analysis I show it in 1D, but for me it is enough to realize how its trend can be in the short term, this to be able to react, when it is analyzed in the short term the orders are seen much more but they are very unstable, they can be removed or to agree with the traders or investors of the market.

The price has remained between  $55k and $57k, a liquidity zone or liquidity pool may be forming that can resist any bearish attack, when the new ATH occurred the price then fell to almost $43k, it is because there was a good liquidity pool, some call it resistance what I see as an area of opportunity.

I think it has been a very difficult during this period as well, people think we come here easily because we have increased a lot and made a lot of money but in the past 3 months we have faced 3 different corrections that really put a big dent into crypto.

I think first one with a fall from 24k levels to 18k levels wasn't that big but still was a place where everyone assumed we are going under 10k again, and next stop was when 41k price reached 28k and everyone assumed that was the drop, and lastly we dropped from 58k price to 43k price which was just insane and I do not think there were any people left who wasn't scared even just a bit even though we still kept holding. Long story short it was hard to get here, and next we will go to 100k and that will end up with a bumpy again, it will drop a lot along the way and god knows how many times, but we will get there.

This day is not good to trade for me because I saw bitcoin price drops to $54,800 level and that is down for more than $2k. I guess this moment makes many traders confuse to determine where bitcoin price will moves in the next hours. I am out from the market, left my balance for a while and if I can see the price moves to the high price, I think I will be back to the market again.

I think price will down more in recent time. But there is a chance to hit 100k at the end of this year. The price of bitcoin will rise and down, it is the general rules of bitcoin. We should wait for big pump at the end of this year.

People do love on seeing breaking that 60k resistance which we havent able to break out it yet but somewhat we do able to reach but it didnt really last long.

Its expected that once it would hit up 60k usd then people would normally be aiming again for 70k and so on.This had been a typical behavior of most people.

When we do talk about whats next then it would be a limitless kind of question since price could go into those big numbers.

Definitely, holding is fun, don't panic when dump happened and everything would be good.

$100k should not be hard to achieve though, we reach $60k when we hit $20k, that's x3 increase, so at the current price if there's another x3 increase, that would already make it to $150k, actually we should not worry about the future as if its time, we will really see the price that we are hoping, as long as it's realistic.

I have never felt this much enthusiasm when holding Bitcoin, only this year I felt it. As positive news regarding Bitcoin continues to emerge,
this pushed the Bitcoin price up. Even though the Bitcoin price is currently experiencing a correction to its price of $ 52k, there's no need
to panic about that. Since the correction is still normal, hopefully the support price at $ 52k is very strong. So the Bitcoin price could immediately
return to a price of $ 60k. If the Bitcoin price can go back to the price of $ 60k, I am sure Bitcoin will continue to go up to the next target
at the price of $ 65k.

What next?? Will continue or drop it is doesn't matter.
I want to ask you why you join in crypto? Why you buy Bitcoin? Stop just thinking about price up or down, but you should think about investment, especially long term investment. Think about future

There's a huge -10.6% drop and there's a possibility of a drop below $50k like you mentioned but this does not mean that the bull run is over and the bear trend is going to start, we are still in the bull run season, this year is still going to be a milestone year for the community, I expect a strong rally on the first week next month, things like this do happen no need to panic.

The demographics of those that have some bitcoin have changed over the years, at the beginning most of those that were in bitcoin believed on its long term potential to change the world and what it could achieve in the future, but right now most people do not care about the goals of satoshi and his vision, they care for their own benefit and this means they only care about one parameter and that is the price of bitcoin, and while I do not blame them there is a lot more to bitcoin than just its price.

the fib extension shows a garage zone around 72k...

The next is to fall down to 50k again and it happens now  ;D

The big question is would it break 60k again to continue breaking the 75k for good?

Don't know where you see the price going down to $50k, but today, it is moving to $55k.

Your question of $75k can be answer in the next month though. I think this end of month we are still in the $50'ish and then April we will see a rise to $60k, but $75k? Not sure if that is doable this April though, May-June might be a good target. At least for now the dumping is over, it's time for the market to recover in the next three weeks.

March is commonly a red month for Bitcoin so everybody is anticipating a major correction. However, the situation is not as same as in the past. So, Those who are holding up with the expectation that Bitcoin will goes excessively low which ain't occurring. This train ain't stopping. If it dips under 50K support 46K is the next support, don't think it will. Anyway, I'm eagerly waiting to see what happens in next 3 weeks.

Right, and as bitcoin narrative has change and so is the trend for the month of March. Looking back, this month is the worst as we have been in red in those previous years. But the expectations are different now, now the price has move to $56k so we are looking for another exciting April. And as I have mentioned, a rise to $60k is highly likely to be seen in April.

Its all but hit 60k today, not quite but near enough that I'd consider about there.     Round numbers shouldnt matter but it does matter that its close to a repeat of what we've already done so really it needs to exceed that measure not to form any idea of a ceiling.   Its slightly lower then the last peak but I think its positively pushing higher so long as its closing above 57k, I'll watch that for an indication of direction after its hit the top area.

Yep, we're almost there, but such resistance actually to get over that $60,000. Again, this whole numbers is somewhat hard to breach, but once we broke it, we might see another all time high.

Maybe $55k will be the last strong resistance, and if we can't get over $60,000, I'm not expecting the price to go lower that than.

Of course the common thing happens , after reaching more than 60k price fell down Low and still struggling to return in that Level but i don't lose hope.
Anyway What do we expect mate? at least making the road to 100k? That's too soon because we are just leaving the 1st quarter today and anytime there can be changes as the next quarter is near to come.
actually it is 59,800 already today


So in any chance this will break 60k one more time before leaving the quarter.

If bitcoin was to hit 60k USD then it will just continue as what it naturally does, it will continue to go up and if there is no indicator that the price are going to go down dramatically then we can expect that the prices are going to get more high and considering a lot of good news at the first quarter of 2021 I think that the prices are well on the way to make it to more than just 60k USD.

If Bitcoin hit $60k there will be only 2 outcomes. The first thing is that investors will dump their holding especially those who bought at a cheaper price to take profit, and the other one is it will continue to increase. But it is more likely going for a correction in my opinion. Yesterday we almost hit the $60k mark however it now dips at $58k, it seems the resistance was strong but as soon as we break it for sure Bitcoin will set its new ATH. Seems Bitcoin showing a good run, perhaps we can witness some good news this coming month.

Officially we haven't touch $60k yet, as high as $59,400 though.

And yes for obvious reasons we will see two outcome, either we go to higher after $60k or see a huge dump again to $53k. Was hoping for the former though, and hope that $60k or higher, the price will be sustainable and then go to $70k next month.

So tough is the challenge to get past $60k when it wants to touch it then another correction occurs and in the end it goes back up to $ 59k. Is it safer to be above $60k once over? I think bitcoin continues to examine how the fundamentals are going to be afterwards because I believe after this it will be easier to fly how the demand in a market is so high with volatility.
Maybe in the second quarter of the bitcoin movement will be seen and I think that's how the correction occurs and in the future it will be easy to pass from the challenge.

I hope once we break the 60k line it wont get corrected down like before. I dont think there will be a drop for the next couple of days honestly. It dropped so many times. I hope in the next 5 days we see it go upto 65k my prediction

Yes it is very much possible to reach $70k in next month. Though it is really tough to predict crypto currency price but we are seeing a great move of bitcoin. I hope bitcoin will touch $100k in this year.

The weird thing is, we are higher in price right now than any moment before March, so we should all be in profit except just a few people, I do not get people who do not really have enough money to cover this kind of loss if they are just starting new, obviously anyone with a grain of mind would not go all-in right at the peak price, sure you may want to buy but at least buy it with money you can afford to lose plus have some cash aside to get in even more if it falls, why go all in when the price is at all time high? That is why I do not think that many people are losing money, they are just losing profit.

And making this much noise over lost profit makes no sense to me. In any case lets just focus on whats going on and if this is just a correction or a crash, price peaked at 62k and dropped to 50k and reached to 59k recently, so maybe its like that?

We were incredibly close to touch that price but then the bears did everything that they could in order to produce a retracement, but it was very short lived, and once again the price of bitcoin is close to cross that level, I think that at this point it is just a matter of hours and at worst a few days before we see the price above 60k, I really think that the bears are getting exhausted, once we produce yet another all time high we could be ready to reach 70k or 80k doing the next months.

We are experimenting that same condition you asked for, and I think it makes our economy a lot more stronger, it is obvious that crypto can't go up forever without a single drop, that is impossible because it would require so much money kept in it making insane profits, doubling even tripling our profits without anyone taking out profits, that doesn't sound reasonable and it wouldn't be realistic neither, it just doesn't make sense.

However with these corrections we are finally seeing that profit taking and this is not running away or being scared or panic selling etc etc that we see in 10%+ losses, hopefully we do not get there this run because I do not like them and it takes longer time to recover, but as of right now we are at a level where we actually do not care about the drop since it is small while some people are finally taking out their profits from holding bitcoin.

It is very difficult for it to rise above $59k, there is enormous resistance, but I think that once that price wall is removed, bitcoin will touch $75k, from there everything is profit because they would be new ATH and seeing everything As it all goes, many are waiting for Bitcoin to hit $ 100k to sell.

At the moment, we can expect it to top $60k, park for a while for  $65k and from there it will go up to $75k, some are betting that it can quickly reach $80k but an offer can be made, and if the news tailored go are better, emotions in people will make it reach $100k this month, of course that is my totally optimistic and bullish point of view.

Very possible, the market continue to show stregnht and if this support push for more breaking this level is very possible in
a short period of time,

Seems that new ATH will bring another level for supporters and investors, Bitcoin always have
something good for those who are willing to wait.

Will be glad to see moving forward even it will take some time, slowly but surely to achieved more from this asset.

^ This news makes BTC price goes up and that could possibly make a new ATH in the future because the adoption is continuously moving forward.
The big institution investment sometimes I think they will create a huge dump soon when they will cut their profit off but hopefully will not. However, we are almost there to $60k, and probably by this month of April, we will see another new ATH again. There is too much good and positive news towards BTC and I did not wonder the price keep pumping. Nevertheless, let us see what will happen next.

I have high hopes that this month we may see another ATH again breaking the $60k barrier. If we are seeing more institutions pouring their money to crypto, it may create a good effect in the market. However, hoping to see more big merchants finally accepting crypto in their payment system. And that will create more positive impact to the users. The larger the community, the better for the growth of its value in the market. Now, there is too much hype in NFTs, and known personalities are now trying to enter also in this market.

60k is not really the Barrier because this was been broken couple of times last march.
But it is right to be Hopeful that this next quarter we will see another uptrend and may brings us all profit as We have bought from the 46k when the price drops hard mid of march .
So hoping to see at least 70k? do you think this is possible for this 2nd quarter?

Didn't expect bitcoin price to keep going upward every quarter, if this April the price can reach $60k again then it seems very possible to make new ATH again but still, it won't reach $100k quickly. But yes, by continuing to push prices to hit new ATHs in the near future with growing adoption then of course reaching $60k or not bitcoin price will continue to get stronger again and again.

All those talks about $100k is only possible because Bitcoin's price movement is doing good right now, for the price to reach the $100k there must be a huge factor like what happen to PayPal in the $40k level and Tesla and Musk in the $50k level if the are no factors coming in, I doubt if we're going to reach $100k, there should be  big reasons why Bitcoin will reach the $100k.

It is considered a resistance point because even if we have been able to surpass it a few times the price cannot remain above it despite our best efforts, this is why it is called a resistance because the bears begin to sell when they see that price thinking the price is going to go down, this in return creates a self-fulfilling prophecy and the more this keeps happening the stronger the resistance point becomes, this is why the 10k level was so hard to break while something like 40k was no problem.

price increases will still occur even if bitcoin reaches a price of $ 60. I am still confident in this potential, because what I know is that bitcoin price is still experiencing a significant increase and continues to run only occasionally experiencing corrections

The 60k resistance is proving to be formidable, I do not know if we are going to see something similar to what we saw during the time bitcoin was close to the 10k level and it seemed as if we will never leave it behind but if that is true then this means that we could get full months of what we are seeing now, the bulls trying to challenge that level only for the bears to fight back in a struggle which will take forever, however I am convinced that just as what happened back then the bulls will eventually win this.

Winning bulls over bears isn't guaranteed and its true that we are really struggling on with this 60k resistance which had been tested out for how many times but
eventually gets rejected and make out some correction after we hit that ceiling.

Whats next if we do able to break it out? For sure people would be eyeing on breaking $70k and so on because we do normally aim for more higher once we do break
the previous one.

Thing here is that we shouldn't really hurry up on things because it will just frustrate us and becomes impatient which might affect your investment decisions.

We know that there is no guarantee at all that this is going to happen but when I see all the indicators this is the most likely outcome that I can see which is why that is my prediction but we know the circumstances of the market change all the time so it is possible that the bears are able to withhold their position long enough for the bulls to become tired of the situation and some of them begin to switch places making the price to go down.