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2022 In 22 trade I have never had to accept so many losses since the advent of cryptocurrencies.Those who are mainly dependent on trade are now on the verge of destitution.Before 2022, it seems that trading has not suffered so much loss2022 is a cursed year for traders.If anyone has any idea on when bitcoin position will turn please share it will save many traders like me from losing.

I believe your thread would suit better on the speculation board, honestly.
In my personal point of view this year will be a relatively calm for the price, no bull run until 2024, which would probably be started by the halving, some months after it happens.

Keep in mind, I am not a financial advisor or professional trader, though. DYOR. DYOR DYOR.

Sorry for your loss, but unfortunately we are all in loss since BTC is down (its not just you).

Not for traders, but for hodlers from the top. Traders who kept on shorting earned a blessing! And btw, its not "is" but "was". 2022 has passed, lets welcome 2023 (a new beginning?!).

If anyone got any idea, they wouldn't come here to give advices (they would keep it to themselves and secretly be a trillionaire lol). Jokes apart, I believe many things will be cleared about the PA on the next CPI data and FOMC meeting. Lets watch out how ot develops, step by step!

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This needs to get moved to speculation board.

Invest only in the long term so that you don't get anxious and nervous every time you look at the price chart even if the asset you buy every time is not a large amount.
If we are currently in the year 2023, then come back the next year. In my experience, it's very rare to find a successful person who chooses to make a profit in a short period of time even though buying and selling is not my main job.

Buying when the price is declining is of course a good thing and choosing to hold on in the long run is much better to save from losses because we have already seen how the market conditions and situations over the past year.

Please consider the advice below.

We might have some upside year this 2023 and maybe BTC will touch 30k, that's a possibility after all the first brutal year of the bear market is over. This will be a good year hopefully we'll beat the inflation as just this week alone the price went up.

Though there are still bad news coming up like exchanges warning users to withdraw coins and people saying they are insolvent. Don't always believe about panicking and dumping because the whales are accumulating.

Bear market is a very risky market for traders, if you have lost a lot and you know that it is tough to make a profit at the moment. I think you should stop and change your strategy so that you can make a profit instead of continuing to lose. If you switch to holding instead of trading for the time being, holding will give you the opportunity to recover your trading losses. I'm not saying you should give up trading but wait until the market is better, then come back and for now focus on holding that will be good for you.

How long have you been trading? Did you started your journey on 2020 or 2021? Because if that is the case then this explains why you think 2022 was such a bad year.

Now do not get me wrong 2022 was in fact a bad year for almost everyone, but the same could be said for 2018 and any other year in which the bear market was the dominant force, and if you are facing losses to the point of being destitute then you made a huge mistake, since during a bear market your goal should be to protect your capital or at best to increase your holdings, if you have any, but other than that making money is incredibly hard, something it seems you have discovered on your own.

You seem to be doing so many things wrong. For starters you seem to be missing the point that with trading you can make money when the market goes down as well. So it doesn't matter if the market will go up again or when it will reach $60k, because if you really knew how to trade, which I doubt, you could make money too.

You are not a trader if you have bought bitcoin in the past when price was higher than this and are waiting restlessly for the day it goes back up to that price again for you to sell and get your profit! This is NOT trading.
Trading is when you make profit from market movements regardless of their direction (meaning from both rise and fall).
What you did is not an investment either because it seems like you bought without thought and any plans and your only sell plan is seeing the rise to the same previous high.

Very likely in my opinion, but my gut tells me that it will take a lot longer than usual to get back to near-ATHs — surprising a lot of bitcoin holders.

As for trading, you seem to not know what you're doing lol. If you're merely guessing market movements, you're mostly just gambling.

The cryptomarket is at the decline and we haven't encountered any big events for a push in the market. We keep on encountering negative news and the same keeps the market movements within specific range. For everyone who have been holding long to experience the previous ath needs patience. It is likely to take place in the upcoming year or later.

Traders who are good enough to know about the market haven't experienced the worse. Traders who get greedy and are not moving with the market might've encountered massive losses. This is upto the traders knowledge about the market.

Personally, I think it's just a matter of time, and we need to wait, and Bitcoin is constantly appreciating in each round of bull market and bear market transitions.
I think we should learn more about the core of Bitcoin, which is more meaningful.

The reason why most traders are making profit before 2022 is you're trading in bullish market which mean you have higher chance to make money, but rather than trading, why not just invest and only wait when Bitcoin already reach new ATH and you can sell some portion of your coins?

IMO if a trader can't make profit in bear market, you're not really a trader.

The probability of Bitcoin price will reach 60K again is 90% in 2025.

Really I don't know where this thread belong, if it should be in speculation board or trading discussion but sure this discussion is not fit for Bitcoin discussion board.
I am not a passive trader but, we all aware of the many challenges that faced the cryptocurrency market in 2022/and that effected almost all aspect of cryptocurrency not only traders that hard a rough 2022 even long term holders also witness significant drop in their portfolios which is something we need to really reflect on this in the year 2023 and beyond.

Buying your coin and keeping it in your wallet in other for you to trade when bitcoin price is high will only cause you more frustration presently because the price doesn't seems to shoot up soon but maybe later mid year,so you shouldn't be in a rush. It is better you hodl for a long term instead of a short term.

I don't think you understand the term bitcoin trader,even if the market is facing a dip,people are still trading and making profits no matter the state of market. You are just an investor and not a trader mate.

Hei believe me dude I think most member of Bitcointalk forum at red portfolio right know unless they really can predict the future. or maybe like me who feel hurt when watching wallet value getting decrease past year hahah. But of course time will past and we are gonna see above 60K. bare with me friend  8)

If knowing exactly when will the price will gonna pivot then I guess everyone will be on profit but since trading is pure speculation. The only way to determine it is when it happened already which means you need to try a position for yourself when Bitcoin price side ways or show a bullish signal pattern. This is what many traders doing for a long time and just using a stop loss as safety precautions once there analysis fail.

Just hold Bitcoin and you are good to go. You will save yourself on stress for overthinking on what’s gonna happened in the price since Bitcoin will always recover and pumps in the future. A loss on spot trading is just a paper loss. A real Bitcoin holder will benefit on the end.

Most of those who want to see the price of 60,000 are those who invested in the year 2021, when the price was close to the levels of 40,000 to 60,000, and they expected that the price would go to a hundred thousand, and thus the easy profits without effort.

I do not think that we will see these prices soon, so if you are one of those who bought at that price, it is better to consider that the value of your investment is zero, and then wait about 5 years to years, and then you will be sure that you will see those prices.

If you are a holder, then your explanation makes sense because in a bear market, holders are hardly profitable. But for a trader, bear market, or bull market, I think both can make a profit, and it depends on your trading skills. So you can't blame the bear market when you lose. I don't know if you are new or experienced in the market, but you need to review your trading skills rather than blame bitcoin.
As for the question, can bitcoin hit $60k again? my answer is yes, bitcoin could hit $60k and possibly $100k, but no one can tell when that will happen.

Yeah, was not a buyer in that period but even having been in since 2016, admit I myself was certain we would see at least 100k, which would "only" have been five times the 2017 ATH. Seemed a conservative estimate to me, but apparently 200% was the best

The funny thing is that now we are all lowering expectations, the next high could take us by surprise. Hope that is the case but not putting my house on it.

The year 2022 market was not the first time the cryptocurrency market suffer losses and the 2022 correction market you believe was a curse is actually replicating the 4cycle which was the fundamental foundation and concept of Bitcoin creation.
During the correction market, cryptocurrency trading was not meant for everyone except the well-experienced traders

The chance of Bitcoin reaching and surpassing the $60K price is through the block halving effect.

You need to stick around now until things change because no one will ever know when the market will turn for the better. If you have given up and sold all your coins, you have lost, and there is no way to recover your losses. But if you still hold tight to all your coins, especially bitcoin, you still hope to make a profit because when the market starts to pick up again, you will see the potential profit coming back to you. So just keep holding on to your coins and be patient because you are not alone. Many of us are still experiencing losses, but we still believe and believe that this will all end.

All predictions or times when bitcoin will rise again is after the halving happens and then we could see bitcoin price rise again. We are currently 500 days away from it. Your job and ours now is to simply hold until then, do not sell any bitcoins. Many people have negative accounts like you, including me, but I'm sure bitcoins will rise again, and my losses will recover as long as I don't sell them.

It’s a four year cycle. Now is the time to buy. It literally couldn’t be any simpler. Does this mean people will buy this repeating pattern’s obvious bottom? No. Why? Simple. People want to believe that market events are tradable and that they have skills. The truth? It’s a four year cycle and traders are morons who want to feel smart. Buy now, sell in 2025 and you can pretend to be a trading genius later. Try trading every news event and you’ll go broke. It really is that simple.

I'd say maybe it will come to break that once again by 2024 or 2025, we may never know but past the halving that will certainly made to happen. I'm here waiting patiently and getting more Bitcoin and altcoins in the next bull market, long term is the key to all investments. Losing is not a bad thing to be honest, it makes you wise and knowledgeable in the process.

This four-year cycle is a cycle that is expected of those who know and understand what to do. Buy before the cycle occurs and hold on when the cycle will peak. Some professional traders make several show-offs to let them know that they have been successful in trading and are successful, but it does not rule out that they will go bankrupt in some of the bearish cycles that are happening right now.

As you said, we can pretend to be trading genius by buying now and selling in 2025, and we will emerge as professional traders with lots of profits.

Long-term is the best strategy as long as you don't have problems with the money used and psychology that is affected by the volatility that occurs.

hey op listen to this guy.

and here is some advice

be like JJG and DCA.

I am on my tenth week of DCA.

every Friday I buy x in usd of BTC.

pick your x and buy x 10 weeks in a row.

then decide if you will do it for another 10 weeks.

This is a huge work out to test your ability to display zero emotion trading for 10 weeks minimum.

Ideally you do this for the next fifty weeks.

x could be 50 usd worth that would be 2500
x could be 20 usd worth that would be 1000
x could be 100 usd worth that would be 5000

the amount should be what you can afford to lose not more.

if you cant do this it likely means you will always trade emotionally which = high risk.


good luck what ever you do.

btw I am hoping to do a 200 or 222 week dca.

so far I am on week 10.


Oh legal bs if you do what I say and lose money do not say it is my fault you followed my advice.

I do not force you to buy sell or hodl and my advice is essentially worth zero as it can be right or wrong or neutral.

Personally, I expect 2023 to be better than 2022, but don't expect much. 2022 was the worst, and I expect prices to start to recover with the start of the new year.

I do not expect to see significant price growth until the end of this year, after which we can see important movements for Bitcoin and the market in general.

So the best thing is to invest for the long term and follow the DCA strategy because we may not see these good buying prices again.

Almost everyone gave up in 2020 when Bitcoin went below 4000$, that's after the beginning of bear market of 2018 and 2019, I believe we haven't seen the end pain where everybody will be pissed and angry with crypto market behaviour, I believe that time is coming again so we should be prepared mentally and physically.

True. 2022 was both bad and weird. It started after a correction and the market was getting ready to go back up again above $50k and start setting new ATH that FUDs kept pouring in as Russia started invading Ukraine and destroyed Western economy that indirectly affected bitcoin price by causing the bigger crashes. And each time we were trying to recover from those crashes another FUD came out like FTX collapse where people panic sold their bitcoins!

No one has an idea when the price of Bitcoin reach back to $60k but there is one thing I was sure of, it will recover someday.
However, it was not important when it comes or it never happens again because a real trader will find a way to make a profit despite the current situation. But in your situation, I'm not sure what you did in your trade. If you had lose with your trades, there is no way you can blame the market and the price dump but is was you couldn't adopt the situation. A good trader must be versatile in all market condition otherwise, you will not succeed.

If they really gave up right now and did nothing, they would only regret it when they saw the market price start to change and it would be too late to enter the market to buy any coins. Indeed, we had a bad experience before but that doesn't have to make us give up because we still have a chance to recover from our previous losses. And I see that 2023 can be a better year than 2022 because, at this time, bitcoin can still be stable and not fall any deeper. Well, we can only be alert while paying close attention to the direction of the market, which continues to move and hopefully, this month and the next, we can see good movements from the market.

Are you aware about the previous bear markets in the history of Bitcoin/crypto? It seems that you are a newbie trader.
Nobody knows the exact time when Bitcoin will start a major bull run, but I guess that it will be after the next BTC halving in 2024.
Are you a day trader? If yes, there's nothing you can do. If you are not a day trader, just don't panic and HODL your BTC for the next 2 years.
You shouldn't be dependent on your income from trading, because crypto trading is high risk. Get a job and earn a stable income, crypto trading should be your side hustle.

Trading is not for everyone so people finding it difficult and becoming destitute should stop and try another business, hodling is more secured to trading.


Not cursed for every one. The year is not to favour everyone but those who are able to find what business that is important for the year. Discover what is the market relevance and invest into it don't invest in project that won't be productive in the year. So some people invested rightly last year while some had bad investment.

To be honest mate, no one has really seen the future. So yes no one can say that when will Bitcoins cross or if Bitcoins will cross 60k usd. What we can do is just estimate or predict the price. Yes while estimating and calculating we use past graphs for which many times the predictions come as expected. Moreover Bitcoins are for long term investment. If you want to do daily trading, then it’s better go for other alts. Don’t say that for Bitcoins you are facing daily losses in trading. Hope this clears some of your doubts OP.

Well, high I guess but we're not certain of such thing's occurence. But it would more likely occur on 2024 because of the anticipated Bitcoin halving. If we would recall previous Bitcoin fork/halving, the market prices managed to climb in a continuous rate. So it might promote possibility that the ceiling could again be broke. The underlying factor would always be market demand; if the demand is low then it would be impossible for a price increase. Question is; what should be done to increase the demand? It could be adjustments or news related to this industry, most of the time, huge countries seeng through the potential of this technology. Again, regarding speculation of Bitcoin's price, if it is a long run then expect inconvenience with actions on your assets.

Not everyone is a trader, and not everyone has bought Bitcoin in the past 2 years so that he would now be in a panic or add up some losses. Bitcoin has existed much longer than 2017 or 2020, and I remember when I invested in it at a price of only $200, so the current price is more than good for me and for many old members. No one needs to predict the future to be successful in trading, they just need to follow a pattern that has always been repeated until now.

Anyone who sold only 1 BTC in the last bull run for only $50k could buy 3 BTC and calmly wait for the next bull run - you don't need to be a genius or a prophet for such a thing.

Even though during 2022 FUD seems to be the most decisive as the reason for the price reduction, nevertheless I believe in 2023 we can expect something better. It's true that no one knows what other FUD will happen over the course of 2023, but I really never expected it.

So far DCA is a great strategy for collecting bitcoin, I did it and people probably do too. We hope in the longer term and don't we have to be completely swayed by FUD which in turn only makes it harder for price recovery. One thing I'm working on, maintaining my will and ability to continue buying on dips ^{[as long as bitcoin is still between 60% - 75%].}

Not sure if there is a massive FUD in 2022 that really put the price to where we are right now. There are geo-political affairs at the start of the year that tested us (the war between Russian and Ukraine), and the Terra Luna and the last but the most impactful event at the last month of the year which is the FTX collapse. So not FUD but back to back black swan events hitting us during the bear market.


I agree though, DCA is the best strategy to accumulate bitcoin in this kind of market situation. And look for the long term effect, I like @philipma1957 suggestion to test ourselves for a 10 week and then see how it goes for us.

Are you saying we haven't bottomed yet, and bitcoin will fall even more this year? If so then I will be happy, I am also looking for a new bear market, and bitcoin drops below 10k. Only then will there be more people selling their bitcoins and that could not be a better chance for investors to stay.

Nice to see people like you who are still optimistic on the current year because when I look around almost all of them thinks that 2023 is going to be the same with 2022. Well for me, I am also optimistic about this year. For me every new year is a new beginning and I always expect great things to happen not only limited here in cryptos but also in the real world and to myself.

Given that you are already positive, then why limit yourself? Why not push it more and hope that there will be a major recovery which can then lead to a bull run? DCA is great for long-term investors but not all of us have the patience. It's still possible to profit even if you are only a short-term investor or a trader.

There's no one could able to save you from your losses but only your own self.We are all speculators here on this market and there's no way we could be able to predict on what would be the things will happen in the

future and this is why lots had made out some shitty decisions and ending up on losses or negatives.Nothing is surprising because this market had always been unpredictable or something that cant really be known.

We have some worst years but cant really deny on how worst year 2022 is, lets hope that things wont even more something bad than on last years but of course no one
could tell on how it would be, just make yourself be prepared for whatever things we might encounter again.

As trader the year doesn't significantly have any effects on your trading journey but rather affect investors, as a matter of fact most traders always feels good when trading in bear market. I have colleague at office then and he happens to be a trader, and I asked him how do you cope with during the bear market?
And he said, it all depends on what you want while trading. Like for him he said, I don't hold coin after he finishes his trade for the day he would trade all to stable coin and sleep over to continue the next day. I was like are you kidding me or what?
Although he said isn't that too common to most traders but of choices.

I am not pessimistic, but I still want the market to fall more this year simply because I am a long term investor I want to accumulate more bitcoins before it goes up again Once bitcoin goes up, the accumulation will become difficult, and the profit will be less. So, the expectation that 2023 will be a bearish year is not pessimistic but sometimes they want to invest more while bitcoin is cheap.

Well, if in 2023 we don't have any major scandals like we had in 2022 I think it will be already a big improvement. I'm optimistic regards that too, but not too much about price recovery. I still think bitcoin is looking too stable to consider the tendency is changing from bearish to bullish. Maybe the market is waiting to see how crypto companies and whales are going to behave, to see if they have learned any lessons. There is a promise of a bull run, and for now that is all. We have to stay hopeful and patient, while not letting our imagination move too far from reality. To daydream in crypto market can involve the same risks of gambling and trading with money we can't afford to lose.

People still don't understand how much damage Kwon&Bankman did with their scandals, and combined we are talking about even over $100 billion in losses, along with the tremendous psychological pressure that is still present. Fear and disappointment have penetrated deep among investors, and considering that FTX was connected to many companies, everyone is wondering if it is over or if some very ugly news will appear.

As you say, all this happened in the middle of a bear market and further lowered the price of Bitcoin, which would probably have been at least 25-30% higher if all this had not happened. I just hope that everyone has learned something from all this, and the most important thing is that you should not trust people who present themselves as some kind of crypto messiahs, but in fact they are ordinary scammers who wear expensive suits and live in million-dollar mansions.

I think it's going to be a trouble to convince people not to invest into bitcoin if it didn't happen. We were on the verge of recovering finally, and the price was doing a lot better, then suddenly that happened and we just dropped. However, if we are going to talk about the "probability" of bitcoin going above 60k, that's just not a question, that's basically a trust calculation.

If you know what bitcoin is about and trust it, then you KNOW it will be over 60k, it's not even a question, you know it's going to be even over 100k or 200k. But if you are not sure, and you are here only because you saw a few people making money, then you may not be aware of this situation at all.

For me it's not about trust, there are a lot of investors who really don't know bitcoin is, even today or in it's early days that's why they sell and then regret their decision later. It should be about what this technology can bring not just to crypto or bitcoin investors, but to the financial market as well. This technology is so disrupted that even government now are still in the middle. There are countries who support it, and then there some who are opposing because it gives "financial freedom" to everyone. So I think that is the key here, with this, everyone  can be reach but it will take a lot of effort and mentality because it's not a get rich scheme as promoted by others.

This is an easy one. The probability of $60k/btc again is zero. There is no path for bitcoin to achieve those prices ever again.

LOL you always say that in 5 days Bitcoin will not be able to survive $ 20k $ 17k $ 16k and you keep repeating it. and even now you say bitcoin will never reach $60k again.
You are countering the Bitcoin price and wishing it would go down to $1000 LOL.
I will believe what you say if you include your technical analysis, don't just give nonsense in the form of text without any streaks of predictions that you make.

Bitcoin price accelerated in 2021, but in 2022 it bottomed again. Many investors almost lost a large part of their assets. According to the history of Bitcoin, this situation is not surprising. Because this is nothing new. Bitcoin makes this type of movement every 4 years. Good times will return to those who trust in it and hold on for a long time.

Currently, unless the global financial situation improves, we cannot expect Bitcoin to be able to return to its former high position soon. All levels of people have a positive attitude towards Bitcoin. Big investors including Elon Musk, Michael Seller have now taken a different look at Bitcoin. They are even still collecting bitcoins. As a result there is no doubt that Bitcoin will be bullish again. Moreover, the current price of Bitcoin is almost at the low level. As soon as the Ukraine Russia war ends, we will see its bullish movement.

Regardless of what your wishes are at this point, what is clear is that Bitcoin does not follow the wishes of just one investor. But every day there is more buying demand in the market for Bitcoin, the increase in price will be very real even if it is not what you or some other people want to buy Bitcoin at a lower price than now. And for now I'm also not pessimistic about the price increase that will happen again in Bitcoin again.

I use a mathematically and scientifically proven comprehensive technical analysis of bitcoin's price to arrive at my conclusions, and it is unequivocally clear that the underlying fundamentals point to a continuing collapse, especially in light of the macro environment. But setting that aside, the exponential history of the price, as measured by the differential dy/dx = ky^2, combined with its high volatility, alone suggests a very high risk of a terminal trajectory. This is further compounded by its beta coefficient, which is indicative of its sensitivity to market changes (β = (σxy) / (σx * σy)). Finally, bitcoin's Sharpe ratio is in the red, plainly implying its risk-adjusted returns are negative (Sr = (μp - rf) / σp). All of this, and more, leads to an undeniable conclusion that bitcoin is collapsing, has failed, and will eventually go below $1,000, which is the price level at which the key indicators begin to normalize. Hope this helps.

And just like in the last 24 hours, last 1 hour, the price is going up above $18k and this could be a start of a nice bull run at the start of the year. Obviously it won't be as big as $60k as the OP suggested. But the probability could be there in the next bull run.

So let's wait and see how everything is going this month.

The primary target for me at least is $20k, that round number, that big psychological price and support.

If you are already losing in trading, you might want to consider quitting. Trading is supposed to be profitable, so if you have a net negative, leave trading. Actually trading doesn't have to be net negative even during corrections and bear seasons. You can still profit from it, but only if you have got the trading skills. But if you don't have them, try hodling. It may not be profitable in terms of how much Bitcoin you have, but it is profitable in terms of its price especially in the long run.

And it's probably not for everyone, trading is not that simple, although we here people making huge amount of profits, it might be a different story for you or for many of us here. That's why I believed that it's not cut for everyone, and it's better to just buy at the bear market and accumulate, do DCA till the next bull run and you will be good and perhaps you can make a lot of money that way compared to trading itself. And with that $60k question, yeah, probably in the next bull run we will see that price again and who knows, we might double or triple that price as a new all time high in 2024-2025 run.

I personally have great respect for Traders because I know it is not easy to make a successful trade. If you make once or twice it cannot be repeated. The average losses of many Traders are higher than the profits they make. My respect is for good Traders and professional Traders and not a mature traders like myself who would also lose some money even when there is a bull market.

I don't know the perspective the topic creator is speaking from, it is either he is loosing much because of the bear market or they bought some bitcoin when the price was already high by 2021 and having to wait till the next ATH to take some profit is a nightmare and a burden to a good well-being of the health. I know how unstable  I used to be when my trades are running in -35%

Would you believe if one of the people said it would happen tomorrow, the day after tomorrow, the end of 2023 or in 2024?

The Bitcoin price drop that occurred last year caused many traders to suffer losses. In my opinion, most of them happened to day traders or we call them short-term investors.
Reflecting on last year's price journey, switching to the long term seems more promising and more comfortable from the curiosity of when the Bitcoin price increase will occur.

Market conditions are now on a positive trend. Hold...

Big respect for successful trader and not those people who came by when bull market hit since they are just joining the hype. Since to get those success is so amazing since the level of patience is so different compare to those normal investor. Maybe for start they lose a lot but for sure since they learn from there experiences they are earning consistently by trading according to the plan they develop.

We all want to make profits, no one wants to lose, so I think people are pessimistic for a reason, but no one wants the market to fall forever. I also do not have high expectations for this year because related situations such as the economy have not changed much or the halving is still quite far away, so the expectation of price increase this year is very fragile. If it doesn't live up to our expectations, it will only frustrate us more. So I won't put too much expectation, even though bitcoin is over 18k$ now, I still doubt and dare not believe this is bitcoin's recovery.

Personally, I think it's already a done deal.  However, if it's a probability you want, I would put the probability of Bitcoin hitting $60K again in it's lifetime at about 80%.  At this point I think it would take a great deal of regulation, hacks, and competition for Bitcoin to slow it's growth.  Even though people hate it now because of it's recent price performance, a whole lot of people are now signed up to sites like Coinbase with their bank accounts already linked...  The next run up could be absolutely incredible.  I think it will be the first bubble where everyone is already ready and knows what to do.

The year 2022 has given every investor and trader a heart attack. When Bitcoin was at its peak in 2021, people thought Bitcoin might never be dumped again. People have invested and traded there the most. Then came the 2022 cryptocurrency disaster. Every investor and trader lost a third of their funds in 2022. In 2022, those who do futures trading have lost the most money. No trader has lost so much money in the past years. I have passed that disastrous year 2022. We see the Bitcoin market going well into 2023. But expect the Bitcoin market to occupy a good position in 2023.

I'm much more bullish than that.

60k before 2024? Extremely low. I'd give it maybe 5%
60k in 2024? at least 50% maybe more
60k in 2025 or 2026? IMO at least 95% chance. I'd say we'll get to 100k before the end of 2026.

I could bet a lot on bitcoin at this point, I know it will succeed given enough time. The only thing that I'm not so sure about is the time frame. It can take even 5-6 years for it to reach 100k, but I just know it will.

If you are that an active trader or do make out some daytrades or scalps then no matte on what would be the trend then it wouldnt really be that an issue as long your SL's arent hit and liquidated then you do still have the chance on holding up unless if you do make use of it then there's no way you could recover it out.For those holders then this current price condition where everything is still cheap then its not a bad idea
to make yourself to hold up those positions.When you are a holder then this is the sweet spot on making yourself that accumulating cheap coins.
We could observed on how worst a particular would be but it doesnt mean that we wont be seeing some sunshine on upcoming years to come.

Trading is only good and stress-free during the bull season. Everybody is a good trader when prices are all in green. But during the bear season when everything is covered in red, trading isn't fun. Bull season traders will quit. Only those who really know and understand trading remains. I was one of those who quit. Lol. I found out hodling is much better and easier. No hassle at all. We just have to make sure our money is safe. If you can add DCA to hodling, that would be much better. That's the ideal even.

Only newbies believe it, but those who have experienced at least one bear season in 2018, they know that 2022 will be a year of bitcoin dumping. It should be noted that Bitcoin is a volatile asset, therefore you should never expect that bitcoin will never be dumped, the bull market cannot last forever. I don't know of any investor having a heart attack when bitcoin drops, but to me it's a real joy because if bitcoin doesn't drop it's almost not profitable to buy bitcoin at a high price.

Without a doubt traders and investors which have been around the market for a time period of less than two years are suffering tremendously due to the intensity of the bear market.

But make no mistake anyone that had already suffered a bear market before did not suffer in the same way as them, as once you know what you will have to face then it is easy to prepare yourself and not suffer as much as during your first time experimenting a bear market, so while traders and investors with a lot of experience still lost money they could reduce their losses significantly by doing the right moves at the right time.

Timing market movements or the precise price at which an asset like Bitcoin will rise or fall is difficult to foresee. The cryptocurrency market is notoriously unpredictable, since it may be shaken by unexpected shifts in public opinion, government policies, and other reasons.

Always keep in mind that trading crypto or any other asset comes with its own set of dangers and that you should expect to endure losing streaks. A well-diversified portfolio and risk management approach tailored to your investment objectives and risk tolerance is essential.

As an alternative to reacting to small price changes, traders should try thinking in the long term. This may help investors keep their emotions in check during market swings and instead concentrate on the underlying value of their holdings. In order to make better selections, it is also vital to keep up with the newest trends and developments in the crypto business, such as legislative changes.

It's also vital to remember that the past is no predictor of the future. Before making any major investments, it is wise to speak with a financial counselor.

Best regards

The probability of 60 K+ is very low, it can be calculated by dividing the number of coins that have been traded at the time of the market movement. 
 
In my opinion, this is the most likely scenario.

2022 was not a good year for all the crypto traders or investors but now it is 2023 and as we have experience high price from the start still now so there will be more increase in price this year. Sometimes the price get down but it never remains low forever so always be patience in those situations which cannot gives you any profit.

Those who invest for lengthy period of time have no worries about the ups and downs situations because they have keep in their mind that whenever they will have maximum return they will sell their bitcoin but will never take any step during harsh condition.

I think so, the current market conditions are very difficult because many people immediately take profit or sell when they get profit, I have friends who are bitcoin traders and when the price goes up or profit is 3%, he immediately sells and then waits for the price to fall again to buy, thing this is what makes it difficult for the price to reach $ 60k this year, if the price can return to $ 40k then that would be a good thing.

Everything depends on the demand raised by the buyers. As we know Bitcoins are limited in number, that is no more Bitcoins can be created or destroyed, hence Bitcoins are very rare. So now if the demand to accumulate Bitcoins increases among the traders, then definitely in order to meet the demand of the traders, the price will go up. In the starting of the year, Bitcoins showed positive vibe, but lately it’s crashing in the prices, so yes lets see what happens at the end of June, then we can properly estimate where Bitcoins will go in this year.

Not really, 2022 is the year I'm content with what I have and I think not only me but many long-term investors will love 2022, because we had a great time buying bitcoin at a low price compared to current prices. But on the contrary, many people are happy and excited to see bitcoin recover this year, while I feel like I missed out on something huge because I don't have enough time to buy more bitcoins under $20k. But that won't stop me from accumulating bitcoins for myself. I will keep accumulating until bitcoin exceeds 50k or as long as bitcoin stays below old ATH and I still have money ;D ;D.

Even bitcoin can become increasingly rare due to user errors such as losing wallets or access to their wallets. Bitcoin will forever reside on the blockchain without being transferable, that will create even more rare.

I believe that bitcoin has been on a recovery stage so far even though over the last few weeks it has been correcting in price. The bitcoin price will improve further ahead of the halving due to increased demand, but of course that should happen gradually from now on.

I certainly don't know for sure what the probability of bitcoin to reach $60k this year is, it could be low as has been analyzed but something could change due to supply and demand. Until now everyone was just doing their best and maintaining optimism about the future of bitcoin, but what is clear at this point is that it is advisable to accumulate as many bitcoin as possible.

Many people experience this situation that you experience in the crypto market or other markets. I am not very knowledgeable about other markets, but it would not be wrong to say for the crypto market and especially for Bitcoin, Bitcoin has always made a new ATH in certain period intervals. Bitcoin will do it again. If you have the economic conditions to wait in the meantime, I can be happy for you, if you are not, I want you to know that there are many people like you.

Some year's are bear market years and 2022 happens to be one of such years, and this is not peculiar to that year alone but every other bear market year such as
2017-2018 bear markets, so for that what you need to do is to have an accurate DCA model that helps you catch the edge at whatever point.


Bitcoin have undergone a lot of changes in market lately such changes in price can be influence by a couple of incidence or news that impact the price at whatever directions.

The meaning of good and bad differs for every individual based on their preferences and intentions when it comes to the cryptocurrency market. If you are someone who has already bought their desired cryptocurrencies and have nothing left to buy more, you will obviously not like it if the market starts dropping after that since your portfolio will start dropping as well.

But, if you are someone who has been saving up and hasn't yet completed their shopping and your bag is still not full, you will love it if the market suddenly starts declining because you know you are going to get another opportunity to fill your bag.

Many people are worried that the bitcoin price will not reach new ATH again, many are even pessimistic that it will not be able to touch $60k, this is the same as the issue that occurred at the end of 2018 and early 2019 when the bitcoin price was below $4000 and many said it was impossible to pass $10 k again, but facts make us optimistic that ATH will happen again soon.

In the start of this year, the price was still at $17k if I'm not mistaken. That was still a great buy and we also have this price last year although later on we quickly escalated. There are still down times that we experienced. Those who are late in the party should not be too ambitious but they can start investing now or else regret and ended up buying at a price which was higher than what we have now.

Remember you said it earlier? I thought you are already contented. Being greedy is not a good thing. I think it will be better if you can sell your bag first when the bull run occurs and just set another bigger goals this time.

This is a worry that does not really makes a lot of sense, the demand for bitcoin is increasing, the supply available to the miners will go down, whales are buying more of it, and finally the economy and the political climate around the world are getting worse, so if you think about it you can see that bitcoin will do well, it is just a matter of time before people realize that bitcoin is the best asset they can buy, and once they do the bull run will appear and it will allow us to reach a new all time high.

Why we cant just all wait up for the things to happen? These things wont really be that much of an issue or something you would be reminding yourself if you are a type of person who do
hold up bitcoins for long term and even in doing some swing trades then it wouldnt really be that much of a bothersome but if you are really making out some scalping or daytrades then this is where
you do make yourself that mindful.It would really vary though because there are ones who are really that too mindful in every movement.

In speaking about 60k again then it would might take up some time, some been saying that we might be seeing this number of this year but im not really that believing that much
considering that we are really that slowly been moving but of course it is really just that we do have our own approach when it comes to things because it is really hard to make out some assumptions
on where prices could actually go.

The year 2022 is long gone, we are now in 2023, we should be talking about it than dwelling on the past year when bitcoin was in her red zone.

If you are among the few that is still holding their bitcoin assets when bitcoin was down in price from last year till this present day, you will be on the gain side this time around because the price bitcoin was last year is not the same with today's price.

This is why it is said, you don't lose your bitcoin investment if you decide to hodl. The only time you lose is when you sell.

Whether someone is optimistic about the next ATH on Bitcoin I think depends on each person too, because on average people who still believe in new ATH on Bitcoin are old investors and those who have known Bitcoin for a long time and also often trade in the market crypto with Bitcoin. This means that people who have seen ATH on Bitcoin several times will still believe in the new ATH on Bitcoin so that they are still optimistic about it until now.

I'm still optimistic that ATH will occur maximally after Halving Day in 2024, many things that make us have to be optimistic that Halving is a big thing that can pump prices in a short time, many people think and panic if you see the potential of Halving so that it will buy more before Halving happen.

For people who had been on this market for how many cycles would really be something that optimistic towards bitcoins price since they do really have that actual experience on how this market behaved into those previous cycles on which reaching out numbers which we didnt really even anticipate nor really expect for it to reach those lines. As we do speak about $60k which its a price isnt really that too far off considering that we are sitting still around 27-30k which it is really just an another 100% if we do speak about 60k then it isnt really that too far off if we do speak about potential of Bitcoin but the main question would be something like this on which on when it would happen? This is why people would really be keeping on speculating about future prices because this is something that would really be normal approach of people or investors who
had been dealing with this unpredictable space. If you do have those kind of hopes and beliefs then securing your position while the market is still slow is the best idea to be taken.

A new ATH just after the halving has taken place seems like a rather bold claim, maybe it would happen but I do not remember this being the case on the past, most of the time it takes a few months for the market to feel the the decrease on the coins the miners are receiving with each block they mine, so if I were to give a prediction of when a new ATH may happen then that would be my best guess taking into account everything I know about this market.

If the new ATH is right after the halving then it correlates with the previous ATH, even though it's not an exact speculation because no one knows about it in the future but we can consider that analysis, I predict there will be an explosion of increases in the next few months because the market price has experienced a correction and stay below $30k, I'm optimistic until the end of the year we will see another 40-50k price.

Even though the market looks weak at the moment but I'm sure $60k is something that will be easy to achieve, just like when the price is below $20k many people are pessimistic that the price will reach another $30k in 2023, but that will happen in March, of course this proves that bitcoin is still worth making our investment priority.

Due to the volatility of the cryptocurrency market, it is not recommended for someone to rely solely on cryptocurrencies. First of all, you shouldn't have invested all of your funds in bitcoin; instead, you should have done so with a portion that you can afford to lose rather than investing all of your funds in the expectation that bitcoin value will soar in 2022.

However, you are currently losing money, but if you decide to keep hodling your bitcoin assets, you might eventually make a profit. The bull run is approaching, so keep hodling, be patient, and refrain from selling.

Indeed, it is true what you said that bitcoin demand is increasing. And big investors or whales are taking advantage to buy a lot of Bitcoin believing that it can provide good profits in the future.

       However, despite the risk that we can face with bitcoin, it still has benefits that are given to our investors. And what are they?
and one of these is the portability that Bitcoin has, where we can still send money via bitcoin no matter where we are or the country we are in and the second is the scarcity, which can be the reason for the increase of bitcoin's value in the future and above all is the decentralization that Bitcoin has.

No probability for 60k in 2023 imo but 2024 its fair target.   These things are hard to predict, calling it now is like asking for the trajectory of a rocket where the touch paper is not even lit yet.   How can I call the timescale and eventual destination when we have not yet really started.    I dont think this year because the means to launch such an attempt has not yet formed, we are building the launchpad would be one analogy perhaps.  The speed and quality of that constructive price action in BTC is how we might later estimate the progress and possibility of such a target.

Hitting above 60000 dollar levels again is very very likely. But in 2024 not this year. As we are entering summer I think trend of Bitcoin will be pretty much reversed. But I don't expect to see ridiculous drops from now on. In my opinion Bitcoin has constant demand now globally so it's very unlikely to see 18-20k levels at all. We may see Bitcoin testing 30k usd in coming months probably after August. As I always say to friends, Bitcoin is gonna be the best option when right time comes.

Bitcoin hit $60k or more, it's only a matter of time, I'm pretty confident that it's definitely going to happen.

But I don't think the growing demand for bitcoin will keep bitcoin from falling below $20k, nor do I think bitcoin is moving with supply and demand. I mean, it's still more manipulated than by supply and demand determining the trend. Many people still say that the demand for bitcoin continues to grow, especially since the recent banks collapse caused the demand for bitcoin to spike, which should drive the price up sharply. But so far, we haven't seen a breakout since the US banks collapsed, and conversely, we seem to be leveling off and still can't break the $30k.

For me, there will be a lot of volatility this year, maybe we'll see a few more big drops before entering the real bull season.

The price will only drop if some bad news hits the market. Like last time the FTX news came, and suddenly the price dropped and everyone panicked. So whether it's summer or winter, if a bad news come then no one can stop Bitcoins from crashing a bit. But this doesn't mean that Bitcoins are weak or trash, when they fall down, we have seen it recovered back quickly, similar thing gonna happen every time Bitcoins falls down. Regarding 60k usd this year ? then my friend, anything and everything is possible. We just need to have pure faith and trust the process. I am assuming Bitcoins might hit 50k USD by the end of November.

Anything can happen, but the probability of it happening is very low, so putting too much faith and expectation on the goal of $60k this year will just be a waste and cause us to collapse if that doesn't happen. $50k is a better target, but I think $40k is probably the most viable if history repeats itself. During the previous bear season, bitcoin also rallied to $12k after bottoming out at $3k in 2018, and if things repeat, then we can expect a target of $40k or more than $50k.

I don't think that it will be easy to achieve $60k even after knowing that the market isn't strong enough at the moment for that, I know that we will eventually reach there, but from the market conditions that we see nowadays, it is probably going to take some time for us to reach that target and there will obviously be a lot of hurdles in the way there.

For 2023, even if we reach $45k by the end of the year, we will be at a great price because the bull market isn't here yet, and the whole market is waiting for the halving event to see any significant price changes and everyone will start buying a month or a couple before that.

That's the approach we should have. I know for a fact that 1 dollar per bitcoin and 1 million dollar per bitcoin are both possible, but "possible" is not what we are looking for, it's also improbable and won't happen, just because it is capable and technically possible doesn't mean it's realistic. Obviously 60k is not that unrealistic, not that much at least, but it is still not too realistic neither, that will probably not happen anytime soon.

However, if we were to answer OP asked, there is a 99% chance that we will see 60k again, when? I do not know when, but I do know that it will happen and that's all that matters. We should be quite happy with the fact that it will get x2 higher than this, probably close to 3x as well, and that is why we should get more too.

No doubt that bitcoin will soon touch $ 60k, I'm sure the end of the year the market will rise and can touch $ 60k, another reason is because at the end of the year people will buy more because at the beginning of the year or in March 2024 there will be a halving day which makes the price increase soar.

Op this is because you were going against the trend, Reading through this just reminded me of a time when I was only focused my trade on the Buy side because then I don't like shorting Bitcoin until I got recked at some point because the selling became so increased and most of my trades started going against me, Op there are only two opportunities in the market either you buy or sell , it's advisable to follow the trend, buy when the buy pressure is high and sell when the sell pressure is high too , with this you will save yourself some unecessary loses you my encounter.

Going against the trend could be beneficial at times but not the price, the speculations. Go with the price, but against what everyone is saying, when the price is going down, you should buy at the bottom and many people will say that bitcoin is dying and get out and it's terrible bla bla bla, bitcoin will recover no matter how much it falls and that's why I think that it shouldn't be a big deal and I think it should be important to consider what people are saying.

Same when it goes up and that means that people will talk about how amazing it is and how everyone will become a millionaire and we are going to ride our lambos and all that stuff, which we have seen to be a false advertisement all too often and should sell when it reaches the top as well.

No one knows for sure when the bitcoin price soared. However, I do believe that the bitcoin price will get back above $60k again and that looks likely to happen when the next halving comes.

Bitcoin price will come back to 60k$ again but it needs several months. But I hope if Bitcoin price can go to 60k$ again then all coins price will increase several times including Bitcoin market. Then all the traders will be very much.  There is a chance to profit. But it takes time. When bitcoin was 60k$ all the traders were lovingly controlling everything. But since the bitcoin market went into dumping everything has gone haywire.

Bitcoin will go over $60k in 2024 don't worry because halving will always have a pump effect on Bitcoin,
we are still in the bearish year 2023 so better just focus on accumulation because if you don't have Bitcoin then you will regret it later.
because this year's events are the same as a few years ago before the bulls arrived,
a lot of FUD came and caused fear in the market because it was part of the whales strategy.

In my opinion, the potential for bitcoin's position to change and price to go back above $60k is likely to occur during the next halving. Where it is estimated that the next bitcoin halving will occur in 2024. As we know that usually when a halving occurs, bitcoin will print a new ATH level.

Even though the current market conditions seem to be quiet and even declining but I'm sure the price of $ 60k is something that will be easily achieved, of course the price of $ 60k won't happen in the near future, maybe it can happen at the end of the year because it will welcome the halving day that occurs in March 2024.

Well I hope you are right with on your Bitcoin price prediction. When we are closer to the next halving I think many old and new investors will look at it for huge gains. It is going to be a big news on social media and there will be new money coming into the markets.
I am not positive because we do not know for certain about Bitcoin price. But I think something very bad is going to have to happen for the price to not be 60k again in our livetimes.

In my personal view, I think that there was no doubt about that the Bitcoin will touch again 60k price again but when it will happen it can't say or guarantee. Day by day the users of Bitcoin is increasing and so the demand is also increasing for this im future the price of bitcoin will must go or cross it's current ATH and create a new ATH. So if you have some lazy fund and wanna recover the past losses then it can be a good idea to invest in bitcoin now for long-term till the next halving .

What if things don't happen as usual for Bitcoin in the next year? What will happen if a new ATH is not created on Bitcoin when the halving occurs, because now some people only make predictions based on what usually happens or on what has happened to Bitcoin before. But I don't see any predictions that are more different than some this year for Bitcoin.

There is no easy achievement at any price in the market including the price of Bitcoin. Because as long as there is no demand and more supply every month, price increases will always be more difficult to occur and that means that any price increase in the market will always occur through a process that is not easy so that it always takes a long time. So don't think lightly of the price, especially since it's a price that's still quite high when compared to the current price for Bitcoin.

This year still has more than 6 months left and I think there are still many things that can happen, many people think negatively when they see the current market situation, but if we have known bitcoin for at least 4 years then this is normal and an opportunity to continue buying .

Exactly, although the market is beset by negative news and could fall further if things get more tense. But no matter how bad the news, it won't last forever, and the market won't be affected forever. The market will also adapt and recover in some way. We should remember, the market has only 2 uptrends and downtrends, when the bear season ends, it will be the bull season, so take advantage of the bears that are still there and accumulate a lot of bitcoin for yourself instead of being scared.

Of course Bitcoin has the potential to $ 60k, it's just that we have to be patient for that,
because it's not easy now that Bitcoin can pump again when the bear market is still running,
but I think the bitcoin market can be lucky that there will most likely be fresh money from China coming into crypto rhymes,
so just be prepared for it.

It's always possible to expect the bitcoin price to break through another $60k but I believe that will only be achieved after the halving. I have big doubts about the bullish assumption before the halving, even if bitcoin price increases then $40k is a high to look forward to.

After all $60k was very close to the previous ATH, so there should be a good reason why it was achieved. I see no good reason to find $60k hit this year so I'm inclined to believe that it will be hit sometime next year after the halving. Then from that, I can expect a new ATH after the halving as well. For the rest of 2023 I think the potential for correction is still there, so be careful with your trading strategy especially if you do it in trading futures.

It's doubtful that it'll happen anytime soon; the environment isn't ideal for Bitcoin to thrive. Previous halvings have shown that there's a correlation between halvings and Bitcoin's price due to them theoretically becoming more rare as mining difficulty increases. However, as I already mentioned, this historical pattern may suffer this time due to the current poor economic environment. Thus, it's unclear when we'll see a positive change in the market, and to be honest, I was even surprised to see Bitcoin surpass $30,000 a few weeks ago. Personally, I believe that $50,000 or even $60,000 are very feasible targets for 2024. It's likely that we won't see a new ATH any time soon, but a major recovery should be expected in the upcoming year.

Bitcoin is declining because there are some negative news that are becoming a trend now. The SEC always acts to attack several other institutions such as Binance and Coinbase and now the latest is Crypto.com stopping their institutional business in the US. (https://www.coindesk.com/business/2023/06/09/cryptocom-winds-down-us-institutional-business/) This is FUD which is spread by the SEC by demanding that they have done breach of securities in its territory so this will cause the price of bitcoin to go down again.

I will not worry about this news because we believe that bitcoin can go back up again above $60K or ATH in the next year, don't panic too much about this news the government is just trying to regulate everything while we know that I hate this news too.

Well, no one can actually know whether when the price of Bitcoin will touch that area again, we don't even know if it will go there or not, we can only speculate based on past data and current conditions and predict the price based on that. You are right that the demand is increasing along with adoption which is one factor that can affect the price positively in the long run, but on the other side, governments and central authorities are doing everything they can only to suppress the adoption rate.

If governments keep trying to stop people from adopting Bitcoin and cryptocurrencies, the rate will be slower than what it should be and though eventually it won't work and everyone will know about Bitcoin and use it, it will temporarily slow down the process for sure.

That's true, we have seen so many bad news before and none of them really made it to a few months, they all look bad for the time it happens and then it becomes a boring news without any issues at all. I understand that people are worried right now, but that doesn't mean that it will go on for a long time, it will go on for a while but then it will get silent after that.

It's crucial that we end up with something good but that doesn't mean that it should be a big deal, it's going to be as easy as it gets. People will forget that this ever happened in a few months, it doesn't even take years for it to pass, it takes just a few months and we are happy at another big increase. I think this summer will be a bit tough due to all these, but after the summer we are going to be fine.

Don't worry Bitcoin will be back to $60k when we forget about it, because of that Whales love it and Fomo happened,
just like 2020 when Bitcoin crashed during the first pandemic announcement,
and because of Halving then Bitcoin really went against the grain of a bad market situation ,
so don't worry because we are close to the halving.

If you dare to take risks and you have a budget, then accumulate as much as you can. But remember, don't be in a hurry because you have to be wise enough to adjust the investment plan while maintaining the adequacy of your daily needs.

Currently the market tends to show a decline in the short term due to the impact of bad news hitting crypto and some centralized platforms. BinanceUS users are forced to withdraw their funds and transfer them to other exchanges or to their wallets because they are experiencing problems. It has had an impact on the market, but I'm sure things will recover over time.

The market will always want you to shakeout which causes an unexpected panic in the market and small investors start panic selling their bitcoins. And just then the whales accumulate bitcoins and strengthen their position. 12 March 2020 was a nightmare day for crypto traders, many traders panic sold on that day and on the other hand whales started the next bull market from that day.

So here is to understand when to prepare to enter the market for those traders who do short term trading. However, the current market trend is down and the news of BinanceUs has made a huge impact on the market. Therefore, the market may give us another opportunity to prepare for the next bull market, for which it will be effective to prepare in advance.

but also knowing that you bet for bitcoin ? trading bitcoin that much while the market is bearish seems to be odd , why not tried altcoins instead so you'll have not to ask this question here?
you have made 22 trades in 2022 meaning that you know what is this market and how it works right? because having that number of trade for newbie isn't that effective .
also if we knew when it comes and how much? of course all of us are rich now.
actually we are only talking about this year in which yeah it will be better not to expect that high but once the price move up again (as the halving seems to be bringing that) then the course will change surely.

No one can ever tell exactly when the price of Bitcoin will increase and when it will dump. However, it is expected that the price of Bitcoin will increase a lot by the end of this year. But those who trade with Bitcoin have a good idea about this.  Sometimes the price can increase and sometimes it can dump. So I think no one can say exactly when the price of Bitcoin will increase.

Indeed, sometimes many old and new investors will see a big profit opportunity when the bitcoin halving is approaching. Bitcoin is very volatile and difficult to predict with accuracy. While there are factors that can affect the price, such as halvings, media attention and new cash flows, there is still a lot of uncertainty in the crypto market. Therefore, in any investment situation, it is important to look at historical data, do thorough research and consider the factors that can affect the market. There is no guarantee that the price of Bitcoin will reach a certain level or that something bad has to happen for the price to not rise back up to a certain level.

Old? yeah they've seen and experience it already so it just make sense for them to know what the game is before the block halving, just continue to accumulate as much as they can and you will be good in the bull run.

For newbies, it might be a big test for them, specially the timing when they enter the picture, maybe they enter during the bear market so they don't buy because they afraid that the price will not go up. On the other hand, those who enter in bull run, keeps buying and FOMO even when the price is going up and then sold when it is down. So it's going to be a big learning curve for newbies.

The probability is over 100% from my point of view because dollar falling, thats hardly a good reason to state but it does make for a very obvious case of why so certain.      All these topics what if, giant number occurs how and why but its very simple to anyone who lives in a country with a destroyed currency and these are not that rare.
   Every currency for centuries including the original USA currency has devolved into only the worth of paper, every currency has destroyed itself over time.   Thats always happened and quite arguable also now that its occurring, the difference now is technology and inter connectedness between large governments and their central banks.   This makes this time the same but also unique and different enough to say its never occurred before, however the results are the same as the prior 4000 years of economic history ergo the conclusion is not different or difficult to extrapolate.

Now bitcoin price is near about $31k. And it continuously increasing. I think we are in real bull market. All cryptocurrency being positive. Because after pandemic and Russia & Ukraine ware people involving in crypto currency market. It is good sign for crypto. As bitcoin is father of all cryptocurrency it is doing well. Bitcoin is now very trusted. People buying and holding bitcoin without hesitations. So i think Bitcoin's future are bright. And it has huge possibility to touch new ATH within short time. I am aspecting within 2023 Bitcoin price will hit $60k.

People would only start on accumulate on the time that they have seen that the price is already that high or already pumping.Why they cant just able to do such action while the market is still that low or still on

bearish moment? This had been always the case on where people do only act on the time that they would be seeing some significant movement but dont act out or being that idle if the market is really in worst condition. Speaking about 60k+ then we are pertaining about on breaking its previous ATH which we know that there's no one on this market would be able to know on when it would happen but
most likely we do assume out that this would happen on after the halving event.

Usually bull run would kick in after bull run whether on a few months or weeks later or something like that, no one knows but if we do follow up the historical movement then
this is usually the time that the market would be making some significant movement.

I'm sorry to burst your bubble, but the bull run has not yet begun. You can't describe the $30–$31k price of Bitcoin as a bull run movement, and if you try to invest in it right away, you will lose money, I can assure you of that. Hold on a moment, the cryptocurrency is in the correction stage. If caution is not exercised, the price of bitcoin may drop to $25,000. The lowest price bitcoin could reach this year should be less than $50,000 rather than the $60,000 you predicted. Don't place too much hope in the price of bitcoin this year. The bull run will take place in the months after the halving season, towards 2024

Some days it looks like its quite possible, and some days it looks like its not going to happen at all. Just the other day I told my friend that its going to probably happen quite soon, not like this week or anything but probably within 2023, because it looked like it was pumping and there was a possibility of it. Now that I am looking at it, I feel like that wasn't the case at all and we are not going to see it over 60k this year. Obviously I am one of those people who believes we are going to break over ATH once again, and that could be this year or next year but I do believe that its going to happen, so even when I "lose hope", that just mean its going to happen later than what I initially expected, but it will still happen without a doubt for me.

$40k-$45k may be a more realistic target, because there will be FUD influences that can hinder the rise of the bitcoin market.
The bull run might happen but before Halving it will also be a good price increase, pre halving and after-halving will be an opportunity for Bitcoin to continue to maintain its highest price.  Everyone hopes that the Halving will give a significant increase and can even reach a new ATH.


I also believe that the ATH will soon be reached again. Halving will be a sign that the Bullrun will begin.
Halving is a 4-year cycle that gives a new ATH, it is not impossible that it will keep repeating.
But if it doesn't reach the new ATH, it will just be too late.

Almost one month Bitcoin keep stable on area $30k until $31k, actually has chance for Bitcoin raise up to higher price until $60k but need one or two years later. But halving is near close I think realistic with Bitcoin will up to $45 until $50k and difficult for raising until $60, actually halving is great chance for bitcoin back to higher price but if difficult reach above $40 or $50 when near with halving I don't sure after halving has second chance for bitcoin up to higher price.

Halving is the only one chance for holder expect with Bitcoin will raise to higher price, but still left 300 days later before halving and what impact when 200 or 100 days left before halving time, will bitcoin up drastically or back to lower price again.

I prefer not to express my opinion of the probability in a percentage...even though I want to say 99%+. Instead I'll say the probability is quite high. I think that's reasonable.

The US, or at least corporate conglomorates, are seemingly signalling that they now want in on the BTC market via ETFs, and they want customer to have exposure too. They have probably been accumulating a lot since the FTX saga, now they're gearing up for the halving by opening the appropriate avenues.

Halving in April 2024 - give or take 6-12 months afterwards for safety - provides a positive outlook. It could even be sooner.

Stay strong, don't trade, find opportunities so you can lower your average buy price, enjoy 2024-2025/26.


LOL! Brutal, but true.

It still seems a bit difficult for Bitcoin to reach $60K immediately this year because the resistance of the correction is still happening although I also believe that the future of Bitcoin is bright and most people hold onto it without hesitation. So it still looks very hasty to conclude that the market is in a real bull, even though it can indeed happen, but to say it now I think it's still not feasible and seems to be in a hurry to hope for a bull in the market.

You can see for yourself how Bitcoin has stayed in the $30K+ price range since the beginning of the month until now which hasn't even been able to get past $32K. That is a sign that to reach the $60K range, Bitcoin may still have to take a little longer because that is a pretty big number for Bitcoin even though in 2021 Bitcoin has crossed that price range in the market.

That's not too hard a target for bitcoin, but its hitting $60k this year is just investor expectation without any analysis. To me, that prediction was just his dream, it was not made of experience or any grounded judgment. From historical factors, the war between Russia and Ukraine, and inflation in the world, all still ongoing, there is not a strong enough catalyst to help bitcoin reach $60k this year. Unless bitcoin surprises us, as it is still a market that is manipulated rather than purely based on supply and demand.

Not really that hard on breaking its ATH considering that we are already heading on next halving event which we know that this do definitely make out that bull run. So all of people had already been that anticipating

about for this situation to happen neither on 2024 last quarter or would be on 2025 or something on this time but breaking again these numbers is never been that guaranteed. Some do even say that there would be
no bull run for this coming cycle? Impossible to think off ? Yes but we cant really be able to tell on what the future would really be looking a like. This is why instead on making yourself having tons of questions
and stressing out yourself on how this market would really be looking like then it would be better to be wise on taking up wise decisions whether you do accumulate for long term
because missing out other opportunity does really give out that kind of bad feeling which we dont really like to experience.

Bitcoin market price dropped significantly after it hit an all-time high which is around 60k-70k$ which is a huge amount, It would make sense that you did make a good profit last Bullrun since the market price of Bitcoin at that time and most of the cryptocurrency continue to skyrocket you could just go with the flow of the market that time just buying low and selling on high but on the last Bullrun it just continues to increase its market price most of the time. Comparing it to the trades since the month which is having a lot of resistance like today the market price was stuck on the 30k$ and then I remember we did experience a deep on around 15k$ which is I think a good opportunity already I buy bitcoin that time.

We can't predict accurately the movement of the market so what we can always do is plan our buy and exit strategy in the market, my advice is to position on the market early while there are still an opportunity to buy at lower price I think its a good time to accumulate bitcoin since bitcoin market price could easily skyrocket at any moment.

Bitcoin always recovers. It's just a matter of time until it does but no one can tell you when or how because right now Bitcoin might fall under 30k in the next days as the support around 30k is getting lower and lower.

On the bright side , if we hold the 30k during the entire summer , we have big chances to actually hit 60k in early 2024 or just after the halv happens but I have a feeling that next pump will be different than the previous ones.

My prediction is BTC over 100k in 2025 and I'm sticking with it and also my prediction for this summer cycle is BTC falling under 30k and maybe even towards 25k but no lower than that.

I think the market is still undergoing a correction, and it seems that $30k will not be maintained in the coming days or weeks. We might see a drop below $20k before the bull market takes over.

There is no "guarantee" that we will break over it, but I agree that it will. So far after every single ATH, we have ended up with a much better result and the profits were great. I mean whenever we go into halving, that usually meant that we are going to go higher, not even "usually" it has always been like that. So, I do not see any reason why that should be different now, I feel like that's going to be quite possible that we are going to end up with something much better.

I cannot really say when that will happen, there is really no timing of it but usually ATH is not reached right around the halving, it takes about a few months at least before it starts to go up which means that it could take some time for us as well. We need to be waiting for it for sure.

Market conditions don't indicate that the price of Bitcoin will hit $60k in early 2024 because we are not yet out of the $30k zone and it will take some time for that to happen, we have seen it trying to break out multiple times, even touching $31.5k a couple of times but still no success or progress, so we are stuck in a loop where the price moves up and down only within the $30k area not going up nor coming down making everyone confused.

We don't have a lot of time left for this year to end, there are only about 4 and a half months until we reach 2024, and I don't see any signs of it breaking out of this position very quickly and even if it does, more chances are that it will go down first and then will start rallying up later on with more support.

I think $ 60k is a price that is still realistic to achieve this year, there is still more than 5 months so many things can happen, and of course the hope of rising at the end of the year can be an easy thing for us to achieve because in early 2024 there will be a halving day which would usually make a lot of users panic to buy.

If you think about the large number of users who are panic buying at the beginning of next year, that means that a more significant increase will probably occur at the beginning of next year as well. Because the price of Bitcoin will not be able to increase by itself if there is no demand and supply in the market, and for the price predictions you say it might happen at the end of this year. But it's not just about words, it's also about time for Bitcoin to make its mark on the market by continuing to hope for more impulse buying in Bitcoin every month.

People should get in while the price is still cheap and low unlike when they do start on trying out to buy when there's already a rally which it is really that a common behavior on most people.
We might not be able to know on what the future looks like but we cant really avoid not to assume out about those probabilities about that breaking to new ATH's which its always been the case
on every market cycle here on this space not only limited on Bitcoin itself but also in other projects and altcoins as well.If you are really that longing for those all time high breakouts then its better to secure yourself here on the current price that we do have today. Dont tend nor let yourself get left behind with the train when the price starts to kick in to increase. If you've been able to miss out that
previous train then better not to miss the next one because if you do then you would be waiting for another cycle for you to place yourself on the bottom.
Its not still late and does still have time since we are still approaching on next bitcoin halving which this would really be kicking out that bull run.

Believe and believe that Bitcoin will reach a new ATH in this cycle that will repeat in 2024.
In every cycle, a new ATH is always formed and this time should not miss this good opportunity.
Buying and holding now is still quite worth it, Just need to wait a few months before the 4th halving cycle is reached.

Looking forward to an all-time high break out will be quite difficult, it depends on how you work mentally.
If you panic too much, you will not reach the ATH and always sell when the price is still at the breakout point.

If you always miss the train, then you need the patience to hold long term on the main price target to be achieved.
Don't panic too much and be affected by the FUD that is circulating.

$60,000 is a 100% increase from the current price of Bitcoin,. Bitcoin can do a 50% if the fomo is too high concerning the halving that'll be happenings next year but I don't see bitcoin doing a 100% increase in just 5 months. That type of gain can be earned only in bull market.

50% increase from.$30,000 range that Bitcoin has been trading for some time is $15,000 which will take Bitcoin to $45,000 by the end of the year and I feel it can be reached when the fomo starts coming. We should be expecting a pump in price but our hope shouldn't be hiigh.

The remaining 5 months might be positive or negative for the Bitcoin market but it won't affect the halving short bull run that always happens. We should've sealed our investment by then so we benefits from the fomo that comes from the halving date getting closer.

Holders are optimistic about the next cycle.
The opportunity must start now, never delay if you don't want to miss any trains I think this is the right time to buy and hold for more than a year to look forward to ATH in 2023/2024.

If their mentality is weak, of course there will be a lot of panic when there is negative news coming especially during the prolonged bearish period it is like their patience is being tested so in theory mentality is very important in bitcoin investment.

Early 2024 isn't the day of the halving nor it's the month, and I don't see any reason why people would panic buy during the halving year or month but most people tend to make more purchases during these times because they think halving will increase the prizes of almost all cryptocurrencies available in the market, so whatever you've managed to buy will most probably gain value during the halving and everyone expects that to happen.

The price of Bitcoin wouldn't reach $60k this year in my opinion, because even if we have crossed the $30k mark, there is still a long way to go for it and 5 months aren't enough for that in my opinion, so the price of Bitcoin will also go across that level only during the halving event or after it.

You wouldn't hold if you arent that optimistic on which it would really be that normal that they would really be having that kind of approach when it comes to things because they've seen about its potential to increase

its price on certain cycle then they would normally be that having that kind of approach.Ideally, we arent that too far off with that level of price on which it is really just that x2 on which we know that it isnt something
that hard for us to reach out those numbers but of course pushing it up with that kind of level does really involved certain amounts of positive news and  events on which it would really be that catalysts for such positive movement which is something that you would really be needing on doing so. This is why if you are really that minding about the possibilities and having those kind of hopes
that price might be able to reach out then holding and accumulation would really be your target point.

Managing your investment is something that crucial and making out decisions depending on what you are currently dealing within this market. It is truly that unpredictable and random i should say.

Many threads speculate about ATH price or high recovery price during this year but the important point is that we continue to increase the assets in the portfolio to buy at the current low price, many people over-analyze the market cycles but their decision is still hesitating and do not take action to add more assets bitcoins. So I agree with your opinion, don't miss the train to buy more bitcoins before you realize you are still standing at a low economic line but many of your friends have increased the economic factor of long term profits because they believe the ATH cycle will be reached in the next 2-5 years.

If we have committed to long-term holders so that a strong mentality is formed without being easily influenced by any news, I even prepared a reserve fund to increase bitcoin assets in case of the next bearish condition, but if the market price indicates an increase in Q4 then my decision will be to set up a new strategy to increase phased assets before the halving.

Not this year at this pace, we are bullish but its all platform building base formation type action rather then appearing capable of fully launching higher as 60k would require.   Alot of momentum has to accumulate before such targets.
 We remain 3 weekly bars now closing above the Fibonacci level that had capped our progress for much of April before we then fell lower.  To hold above that level now is positive but its slow progress and with not great volume to mamke me think we can trade 60k or higher this year in any price action visible on the horizon.

That is definitely a good scenario guys, which is buying at the current prices and holding it for next season because we are not in the big pumd phase yet and that is the level of confidence we have to have in us to hold btc for next season. We see a market cycle that is improving after seeing the strengthening of prices that occurred this week. However, the current price is a pretty good price to enter because we are below the 55% fall from the high.

For next year too we will see the halving come and be the right momentum to buy now to hold it for next year. Indeed in the current phase we are seeing a lot of weak hands selling btc and it will be a regret for them after seeing bigger gains in the coming years.

$60k+ will happen, but when this gonna take place can't be predicted. If the prediction of the bitcoin's ath is possible, then it is for sure that bitcoin will lose its importance. The success is the volatility and the unpredictability. Even during the previous ath we weren't able to predict precisely, there were more predictions that bitcoin will grow high and random predictions of $100k+ and so on. In reality very few expected the predicted growth whereas most of the people were expecting something around $50k and the growth happened good. So, we can just go with random predictions and the outcome depends upon various factors.

2022 was not a good year for selling but that was a better year for buying bitcoin and those who have bought bitcoin at that year will be more profitable because the recent price compared to previous one is enhanced.

Now you can buy bitcoin and those who already have bitcoin should experience halving next year as everyone is in hope that price will surely be touch the value more than 60k$ and may be it touch 70k$ in 2024 during halving. If you choose bitcoin for enhance period of time then you will have less risk and will greater profit.

Confidence would really be mainly affected specially if you are going for short term trades on which it would really be just that so normal on having those kind of changes when it comes to emotion considering that making up some earlier position but the price is going to the opposite side then it would really be creating out that kind of hindrance on which it would really be causing for you to might be able to alter out such decisions on which it is really that something a very normal kind of approach. Now that the community is really that mind boggling on the current price movement on which we are really that aiming for some recovery for this year.
Although its not still ending for this year 2023 but it seems the price is really that way too stagnant.We cant really be able to break out that 30k and how much more on having that impression on breaking
that 60k? We are only a few months left for this year alone and if you do believe into those numbers which it is really that closing to the previous ATH then it would really be that hard to believe on
but its not really that bad on having that kind of optimism towards price.

Exactly, the opportunity to reach $60k of course is very easy to happen, but I think $60k will happen in the next year when 1 or 2 months before the halving day, if we want to make the best thing right now is to continue to buy, especially many who want to buy when the price under $30k and today it is happening.

$60k is possible in the next bull run, around 2024-2025, but not for this year. As technically, we are in the bear market and with that, the price tends to go down or at least we will be on the decline.

Eventually though as time goes on, when the market has stabilized or at least we inch closer to the next block halving, we might see the price slowly going up and then bull run occurs. So we must wait for the right time, and need a lot of patience if we are a bitcoin investors. We don't need to panic or sell early, on the other hand it's better to just buy the dip and HODL.

We have seen that the price of Bitcoin reached its peak at one time but at the moment it has come down again. We all know that the Bitcoin market is not always in the same position, always on the ups and downs. At the moment the Bitcoin market is in such a position that we can say it has grown a lot more than before. A few months ago the price of Bitcoin was around $15k but now it has increased to $30k. But in 2022, Bitcoin was a curse for Bitcoin investors where the market hit record lows. But in 2023, since the Bitcoin market is gradually changing, we can say that Bitcoin is in a good position in the future. If Bitcoin halving in 2024, we will surely reach a good point, so we have to wait until the Bitcoin bull market.

Panic will only hurt yourself. We just need to wait for Bitcoin to enter the bull market when entering the month Halving will occur. 2024-2025 reaching $60k or the last ATH is already pretty good, there are many users hoping to reach it. When a bear market occurs it will be followed by a bull market. Must stay alert and don't fall for scammers.

Currently it has entered a year more in a bearish condition will soon go bullish after the halving, yes I think there is no need to panic because this is not in a situation like futures trading but rather just hold on and can survive in 1 year more to the recovery of bitcoin prices, now is still the time for its accumulation until throughout 2023 if you still continue to be able to do it.

Panic people will feel anxious when there is negative news, not strong to see the market there is no significant movement in a few months and panic people more tendency is not strong to hold longer.

Anxiety will cause many problems if not handled properly. Those new traders will only waste it by cutting losses when the bearish continues. even though the opportunity to buy has been given. Should have a reserve fund for emergencies that could occur. Being able to last just 1 year is an extraordinary thing, but some new investors can only last a few months. When they see that the market is not really good, their psychology will be played and they will make decisions that tend to be wrong.

$60k achieved before the halving or after the halving, mate?
As far as I know, the BTC halving will be scheduled on the middle of 2024. If you think $60k is easily achieved before the halving, it probably happens in Q1 of 2024. IMO, it is not impossible but I think it is likely to be achieved after the halving. I predict it to achieve in Q3, then we may see a new ATH in Q4 of 2024.  ;D

Yep, since the current price is still under $30k, it is a good time to buy. Today, BTC is decreasing again, it even drops below $29k. Some people seem to prepare buying again when it drops to $27k-$28k. How about you, dude? Do you still have an intention to collect more?

Usually these kind of pumps or reaching ATHs would most likely happen on after halving on which we know that this is the time that bull run would kick in.Just like the rest been saying that if we do able to reach out 69k on its previous ATH then its hard to believe that we wont really be able to reach out this price point on this upcoming bull run knowing that Bitcoin never fails us to surprise when it comes into its value. We know that there are people who are really that skeptical about prices and there are ones who do have that normal approach when it comes to potential price which it isnt bad because there are ones who are really that
realistic or not really that too positive when it comes to prices on which they are really that having those kind of impressions.

Without a doubt then i would say that Bitcoin could reach x2 price on where we are now on which it is really that impossible though for us not to achieve that small multiple into its price potential.
We've seen the past and we could assume on what would be the future or have the potential.