Bitcoin Forum

I was waiting for the price of BTC to reach $40k in this month of August, before I will believe that $69k is possible before the end of this year 2023 which is the wish of many investors in the community. But the price started decreasing from $30k to $26k to create a great fear into the mind of those that is hoping for the price to increase above $30k before they can start thinking of how to visit the market to supply to make a good profits. With this slow move of the price of BTC in this season, I don't think the price will hit back to $69k before the end of this year because the green light is not stable like the way it was stable last two years to reach $69k for both long term investors and short term investors to experience huge amount of money from their investment. Do you believe that there is still hope for investors to experience $69k this year? Because we just have 3 months and some weeks before the end of this year. What is you hope for this current price?

I idid not predict all-time-high this year, although I predicted that the price would be within $30000 to $40000, but I thought that bitcoin will reach $37500 or close to $40000.

If you want all-time-high, continue to hold your bitcoin and do not sell. All-time-high would be 2024/2025.

That is a very high and unrealistic expectation.  I don't know how long you have been in the market but if before investing you did your research about the history of bitcoin. I believe you will also know about the 4-year cycle of bitcoin and you will not set such unrealistic expectations.  not a single investor expected bitcoin to hit $69k this year because everyone knows it's impossible, except for the newbies or those who already bought bitcoin at that price.

I even doubt that bitcoin cannot hit $40k before the end of the year, let alone have a higher price.  this year is still a year of accumulation rather than thinking of some kind of bull run.

Op, Hope is not lost and even though the market seems to be moving slowly lately, However, everything can as well happen faster than expected just with time. We still have four months left before the end of the year, so there is still a possibility that we could reclaim those levels or somewhere close to the price in the coming weeks and months. From what I could see from the indicator which I use that normally gives me a reversal signal, we have already gone oversold daily, and any further correction may result in the liquidation of shorts.

What if the Bitcoin price cannot reach $69k before the end of 2023? Are you going to sell your Bitcoin or keep holding it until it reaches $69k, even if that happens in 2024? You already have the predictions and can predict that it will reach $69k after the end of the year, so there is nothing to worry about.

This year may be the last year for us to buy Bitcoin at a price below $ 30k because it could be that starting in the following months, the price of Bitcoin will start a long rally until before the halving and will make another correction. The $69k price is not a target for investors because investors already have a higher price target, and they may be waiting for the Bitcoin price to go above $80k-$150k.

I hope to accumulate more Bitcoins starting at the current price or even lower and hold it until next year or until the price can go above $ 80k- $ 120k. And I can still hold my Bitcoin longer to wait for the price to make a new ATH again.

If there isn't any hope of bitcoin breaching the $69k top I wouldn't be holding bitcoin anymore and I'd probably leave this forum completely. It's that simple. As for this year though? Maybe, maybe not — but I'm betting on no; but it ain't no problem for me as it just gives me time to accumulate. If you're not patient, then bitcoin and investing in general is simply not for you.

Everyone can expect to want bitcoin back at its previous ATH by the end of this year but for me that's not certain given the continued negative market sentiment, but I don't know what happens as that would be out of my own mind, I'm targeting maybe $40,000 is still very much a possibility.

Yes don't expect too much this year, if he wants to make bigger profits wait until the halving happens, and see what happens after that maybe at the end of 2024 it will be a surprise high price.

The 69k level will most likely be reached and surpassed during the next bull run, however your mistake was thinking this could happen during this year, in my opinion there was no hope at all of that price being reached during this year, so I do not know where you got the idea that this was somewhat possible, however do not despair this just means that you are going to need to wait and hold your coins for a longer period of time than what you thought but that is all.

There is always hope, but the reality is never certain.
I've always believed in the potential for a more expensive bitcoin price year over year, but I don't have much optimism to see $69k hit this year. While you may believe in the odds, I don't think $69k can be hit if there isn't huge demand support.

$69k could be reached after the halving, but there has been much speculation that we will be close to the previous ATH before the halving occurs. That means bitcoin price could be close to its previous ATH value before 2023 ends, but I'm not that optimistic.

The year is almost gone and we have seen that the price is still staggering at 26-30k which was really Unexpected because like you I aslo expected and speculated the price of bitcoin to be about 35-40k by the end of year but notwithstanding no one should definitely expect BTC to hit 69k this year because from past research it's very clear that the price always pump and shoots up almost after the halving is over which is not happening anytime in this year

Not sure. I'm not so sure it's going to happen this year I'm a bit skeptical.
Not so much hope for this year when bitcoin, for example, at the end of the year is at the $40K level, it's already good to start the end of the year ahead of the halving but the reality will be wild because we think bitcoin will be stuck between the $30K - $35K area.
News will continue to arrive whether negative or positive all of it will affect the price of bitcoin because there is sentiment that makes it move.

If it gets to $69k this year? then what next? are you planning to sell at that point when you know a halving is coming, or is it some kind of assurance that the prices will hit the roof after the halving? maybe so. Be more concentrated on accumulating bitcoins than setting price targets you expect bitcoin to reach. You will get disappointed and may be discouraged from keeping the bitcoins you have if bitcoin price does not go as you expect within the time you expect the positive change in price.

Better not make yourself that too hopeful or being that optimistic towards the price for this year. Reaching out even 40k or 50k would be questionable, how much more on breaking that ATH? Im not saying that its impossible since we've seen on how Bitcoin did always make surprises in regarding about its price movement on which it would really be just that common that people would really be having these kind of insights in speaking about
price predictions. Well, everyone does have their rights and opinions about price predictions or numbers that they do have in mind but honestly its better that you should really be minding that much on what are the digits
that we could be able to see for this year and basing up on the price that we are seeing now which we are already seeing 25k+ which there are some people recently been guessing up for this price to happen
which its a good call. Some do even tell about this dip and then we would be kicking in 35-40k but not on that previous ATH that we do have. So its your choice on what would be your positioning in speaking
this price volatility.

The $69k mark for bitcoin this year is a long way off. The year 2024 or 2025 will see Bitcoin reach or pass the $69k mark. At that point, there will be a chance for bitcoin to reach a new all-time high. Only after the halving season will that occur. Regarding this year, Bitcoin can only increase to at least $35k-$40k

Bitcoin's price is currently $25,800. By the end of August(a week to the end of the month), it is probably going to be $23k(not quite sure). Bitcoin is in its "red zone" this August. Until we hit September, we won't know whether it will continue to be red zone or move to the green zone next month. 

There was never such chance to begin with, because bull market only starts around or after the halvening. And it takes some time to reach the peak of the previous bull market. And I suspect this time it would be way harder to achieve that, because halvenings play smaller role in reducing supply. Well over 90% of all coins are already mined. So 69K shouldn't be viewed as a given, it's would be a significant milestone if/when it will be reached again.

OP, from everyone's comments, you can see that no one is optimistic and confident enough about the $69k price for this year, I really don't understand on what basis you have such high expectations.

I recommend redrawing yourself a new plan, one that is less ambitious and realistic. To do that you need to study the history of development of bitcoin. Don't just set expectations according to your wishes because bitcoin does not move according to anyone's wishes. We should follow the market, not force it to our will.

For Bitcoin raising up back to $69k need up above 70% with current bitcoin price right now around $26k, how it possible when bitcoin getting pump without few percent and several days later get bigger percentage correction than up price. I don't think easily for bitcoin hit back to $69k although there are not any impossible thing with cryptocurrency price exactly with bitcoin price.

Lets realistic looking bitcoin current price right now, seems possibility with bitcoin get chance up around $40k to $45k and I don't expected more with bitcoin hit back to $69k in this year. Except when closing with halving time has chance for bitcoin up to higher price depend at the end this year bitcoin stable around $30k or hit to $40k.

It seems impossible but you never know. If the etf is approved then I can see it happening. Look what happened after Elon bought Bitcoin back in 2021 how fast we rallied. However I just don’t see us breaking ATH this year maybe 2024.

You also need to understand the stock market looks toppy due to all the rate hikes and all the present inflation we still have. Economy is strong but if a recession will start then it’s not bullish for crypto.

What I'm hoping for is a market recovery to get even better before next year, even if it's not for $69k this year. Since the current price is still quite low compared to the $69k price for this year so the possibility of not enough time for Bitcoin is much bigger than a sharp increase to get to the $69k price within this year, but I am still more optimistic for the $40k price by the end of the year because it is more worth hoping for than there may be more time for Bitcoin to hit when there is a more definitive recovery in the market, as the difficulty of more price increases is still likely to be seen now.

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Hope? there will always be mate , but this year? lets not brag you into someting
that might look impossible to happen(though of course i am not rooting for stagnant price)
bitcoin has a long way to go before breaking its ATH again and also Bitcoin did not even reached 69k in the first place.
though it is closer that that value.yet we did not Hit or break 69 thousand dollars value.

Well that would be nice for us to see BTC price to recover back to the all time high in the next 4 months in the year. But I think we maybe will see some more losses and not much gains.

There is a channel I follow called DataDash. And the founder Nicholas Merten is saying things will get much worse for Bitcoin and we will tumble further then at this moment. I really hope he is wrong on his prediction.

it may, some said that there will be a chance to full back down to 20k or even lower but hoping to not see that happening at least not this 2023.
another channel mate? lets not fall into fun in which mostly making the market harder to recover .

There may still be room for further downward movement before the market reaches the seller saturation point. At this stage, investors may still be hesitant to enter the market, even though positive sentiment is claimed to have started to appear. What is certain is the time to buy, for those who have funds, it is better to be an investor or other financial institution and be prepared for all the worst possibilities that will occur in the next few days unless you are a hodling type buyer, that's safe.

So, listening to what you said above, considering it's 3 months and a few weeks before the end of the year is there still hope for investors to raise $69k this year? I think it's very possible with a special note if even better regulations are born and don't bother market players.

I don't know why I believe in these predictions even though I don't want to, I think so after considering what happened a few years ago and also some movements throughout this year, indeed it is just an uncertain speculation.
And to see Bitcoin price again at all-time highs after 2021 is very possible in my opinion and I believe it will be a 4 year cycle and if that is true we certainly won't see it this year.
This year started with a sharp correction, even though it had recovered a bit but now the price is slowly starting to come back down, I'm not sure we will have a big bull this year which will end in 4 months.

I’m always hopeful that btc will eventually recover and surge high again until it surpasses its previous all time high. But seeing the slight movement in its price hike, I don’t think hitting $69k again will be possible this year. However, I’m not closing doors to the possibility also that it will eventually reach another all time high, higher than its previous ATH. Just remember that everything is still possible with bitcoin. It can be a lot surprising at some point, just like reaching its new all time high way back 2017 when everyone else is not expecting a very bullish market.

I think is a wrong prediction because if the price of BTC go down more than $20k this year,it will be difficult for holders to breath well because many are waiting for the price to go higher before the end of November so that they can sell to start buying Christmas and new year things. this prediction will not stand because the price of BTC is still standing in $26k which the price can still move to reach higher in a way people will believe that the price will reach $50k next month.

Me I don't see $60k happening this year again, as I can't even remember thinking that will ever be possible as well this year, although Bitcoin price can be funny sometimes, but the price difference from the middle of the year till now requires Bitcoin to do more than 2 X before it could actually break $60k, and I see the year already far gone for that to really happen.

With all the recent happenings surrending Bitcoin, both the negative news, which usually brings down the price a little bit, and the news of the ETF, which has done its part by pushing the price forward, I can only predict that Bitcoin can just be around the range of $35–$40k at the end of the year.

He may be right or wrong, but stop listening to these YouTubers. This YouTuber in particular just flip flops his sentiment every few days/weeks just to get as much views(and ad revenue) on YouTube.

Also, check out this coin he's shilled back then: https://www.coingecko.com/en/coins/unibright

Highly doubt it. We'd most likely see bigger prices by the end of next year or so, wouldn't expect anything big this year. I highly doubt we'd see any major drops, unless a big holder like SpaceX suddenly sells their hold again. Besides the $69k mark can be said to be the bullrun mark, so expecting it to happen this year sounds like a dream. If we refer to past bull runs, it usually happens a few months (half a year to a year) after the halving itself, so expecting it by the end of the year before the halving is kind of dreaming.

Honestly, it’s a rare possibility that bitcoin price will hit back again at $69k seeing we are already at the last quarter of the year. And at this moment, there’s still no big events that are predicted to happen in the market that will eventually make the price to skyrocket again. Although we don’t know exactly what this last quarter of the year will have an effect to bitcoin, but if there’s any, I think it’s only a small price upgrade that’s definitely below $69k.

My suggestion would be, that instead of hoping if "cryptocurrency" would hit "<insert price>", learn how to trade. It is risky, but imo it is much better than just sitting and waiting. Trading would stimulate crypto movement, and it would act positively on a growth.

Regarding the price, there is only one quarter left in this year. I havent seen for a long time Bitcoin gaining thousands in a short period of time. I would not hope to see $69k on December 31. I would be happy if Bitcoin would get strong position above $30k, because so far Bitcoin only tested this price several times this year.

It's hard to speculate in the short term, but I understand that the price will rise past the old ATH mark just don't know the exact time, maybe the psychological game makes many people lose patience to empty their pockets. them and an opportunity for others. Looking at the year-end plan, I think there will be important milestones for bitcoin to form a new uptrend, but first of all, in the current context everyone is expecting (maybe some) bitcoin price to drop further. Currently, as well as there are many bad news about the economy, the money flow into the investment markets will not be very feasible.

I know that some people are short term, and timing can be bad luck or bad luck for anyone, there are different circumstances that come up, like if you just started investing with bitcoin. From the beginning of 2023 most of us are profitable, expectations let it happen and no need to impose time on them, all you need to do is be patient.

No one is wrong and no one is right because that is the future and as we all know bitcoin is unpredictable. The better thing we should do is always have a plan for 2 scenarios, not too subjective and not too pessimistic with our investment. Furthermore, if you believe in history repeating itself then you should believe in the scenario where bitcoin will drop to $20k again and I don't rule it out either. Things will not be as easy as we would like and that is why people think this is a very fierce market.

There are many of you who live in some of your illusions and wait for something to happen, regardless of whether you even think about what moment you are in and align your expectations with that. Expecting some kind of bull run in the year before the halving literally shows a misunderstanding of the fundamentals of Bitcoin, especially when it comes to the price of the same.


Why would the price of 1 BTC be approximately $69k by the end of this year, will the good fairies or Santa do some magic to make it happen?I think that it is possible that this is not the last dip, and that means that it will certainly not be easy for some of you who are obviously on unknown ground in the expectation of reaping the fruits of your investment.

Bitcoin price wouldn't reach $69k this year because if you look at the current price at $26+,you will understand that bitcoin this time needs to break $31k resistance price before we can hope to see a price above that. It has shown clearly that the current price of bitcoin might remain like this for the next two months before we see a pump. My speculated price for bitcoin this year ending should be around $35k-$45k. It is after bitcoin halving that we can expect a price that will get up to $69k. The making presently is offering discount on bitcoin price so it is better you DCA or just be patient with your investment till the next bull run coming up 2024/2025.

Who knows where Bitcoin price may end this year, it may go to 69k$ or may drop down below 20k$. We must stop thinking that what Bitcoin price will be after a certain period of time rather look for a long term investment. We cant predict with certainty that what price of Bitcoin will be after a certain period of time but as a Bitcoin investor we are certain that price of Bitcoin will go up with time. Buy Bitcoin and HODL, you will get good return in the long run.

We better hope bitcoin price will increase and reach $69k before the end of the year as the possibility for a huge increase is still there.
We should not be pessimistic about the current situation because this is only temporary and everything will change for the better.
And don't worry if the price stays like it is for a while, even if it has to be until the end of the year, because later we will see the price of bitcoin will increase again.
The important thing is that we can still HODL bitcoin until our target price is reached.

I never hoped for anything higher than $40k this year. Even the 40,000 dollars was a reach I know but I just hoped.
My personal speculation for Bitcoin price was somewhere between 35,000 to 40,000 dollars and with the way things are now the chances of that happening have gotten slimer.
I like to be very realistic in my speculations so I won't get too disappointed. One thing I still have a lot of faith in is that Bitcoin will definitely go above $30k this year, I'm sure of it. I also believe it can get up to 35k but that's a very slim possibility.
We're not going to see a new all time high this year or anything close to that. 

All Bitcoin Hodlers want the price to go up but at the same time we need to be well aware of Bitcoin price volatility. I dont think current situation is much to worry about, its just a normal correction after a stability at 30k$. Such corrections are beneficial in a sense as they test the nerves of HODLers and made them more strong. For long term investor one need to be able to withstand such situations. When Bitcoin goes up everyone is excited but when it goes down we need to be patient.

Yes, all bitcoin holders want the price to go up.
But bitcoin holders also want the price of bitcoin to fall so they can buy more bitcoins.
And I agree with you that there is nothing to worry about with the current state of the market.
And strong hodlers will not be affected by the current conditions because they are very happy to see the current market conditions and have bought some bitcoins as their long-term investment.
Yes, we have to be patient with this situation and rest assured, everything will end with a beautiful smile.

I do not think that we should be hoping for that, it would be way too much for it to get there and I think it would be smarter if we could end up with a different approach. It should be causing it to get to a point where we could make a greater profit later on if we keep it going, and I know that it will not be simple but it should be possible at least. I know that we are going to end up with a good return on way or another and as long as that exists, it shouldn't really be a big deal.

I think the best thing in this case is to hope it ends higher than what it is right now, it doesn't have to be 70k, it just has to be over 30k, and as long as that happens, we are doing fine. Aim for realistic levels to be happier.

It's okay to have hope like that because at least that's what can keep us from being able to hold on to our bitcoins until they can reach that high price.
And with that hope, we will be enthusiastic to continue adding more bitcoins to get big profits in the future.
But we also have to be aware that holding bitcoins will not be easy because there will be a lot of negative news that will appear to scare weak investors into selling their bitcoins at a low price.
And those of us who have grown used to such news will not be swayed and will instead use the moment of the drop to buy more bitcoins.

We know cryptocurrency market is always unpredictable. Anything can be happen anytime. But general strategy telling it will not be happen $69k within this year. Now we are in last of August and now Bitcoin price is $26k within 3/4 month's $69k i mean 3x it is very difficult i think. We know for Bitcoin all-time high was $69k which was in 2021. And next bull session coming in 2024 i think, so i am not seeing any symptoms to back $69k in this year. But my advice everyone should Hold Bitcoin not sell now. I think bull session coming within short time. I think bull session will start in first quarter of 2024. Then everyone will happy who are invested in Bitcoin.

Indeed, the future is unpredictable and anything is possible. But if we rely on data like history, world economic situation and what's going on in the market, expecting bitcoin to hit $69,000 this year is really unlikely. We already know about the 4-year cycle of bitcoin, we should not deceive ourselves and set our expectations too high. It just leaves us frustrated and stuck because things don't go as we expected. Optimism is necessary in investing but should not be delusional.

Optimism is okay but it still has to be realistic, I think so too, it is almost impossible for us to be able to return to the peak of the Bitcoin price this year, from any perspective I think there is almost no hope for us to achieve that.
But talking about the 4 year cycle of Bitcoin, I really believe in that and the price of $69k is the ATH of Bitcoin in 2021, so I'm sure that for us to get back to that price and also higher then we have to wait 4 years after the ATh.

Judging from the current situation, it seems too hard to reach it. We're not even reaching half of $69k, and from $27k, it was too far to reach $69k in just 4 months unless there is a sudden change in the recovery speed. And besides, $69k is just like a bullish price of Bitcoin and sadly, we're not yet in that position, and even next year, that seems pretty hard. Maybe by 2025 as bull season comes but in this year, I couldn't think about it.
My prediction for Bitcoin this year is $35k - that was close to reality.

you have to read the writing that I quoted from an article.


in conclusion, usually FOMO will occur before the bitcoin halving, that's what investors do to seek profits in the hope that the bitcoin price will rise then they sell it slowly until the price drops again after the halving occurs. understanding the history of the bitcoin price is important so that you can draw a conclusion, but you need to be reminded that anything can happen to the bitcoin price, you must be prepared to buy or sell, set your target price.

While bitcoin won't be able to hit $69k this year or there won't be a new ATH, we shouldn't give up at this point. We are more than 3/4 of the way through the bear cycle and there is only a short way to go before we can pass. There is no reason to give up at this point, I really hope those who are frustrated by bitcoin's failure to recover this year are also not discouraged at the moment. Remember that the longer the bear market becomes fierce, the stronger the bull season will be. We will see a super bull cycle in the next 1 or 2 years.

It would be difficult and there is a very thin possibility of bitcoin crossing $69K mark by looking at current market situation unless it pull out a repeat of 2017 where the bitcoin was trading around $1k at the initial days of 2017 and then it was trading at $4k during August 2017 and eventually crossed $16k by December 2017, hence possibilities are there only in case of bullrun, else we have to wait for little longer as it will gradually happen. At the moment unlike 2017 where we were on upward trend we are on downward trend hence I don't think hitting $69K will be logically possible.

This year leaves just one more quarter or so for another four months and that is a very short time in my opinion to achieve a large increase in Bitcoin. And for the time example you said it was an example of a full year's duration so there were some significant increases seen, while this year there was so little time that it's likely not going to be enough if it's targeted at $69K from the $26K price that is currently still visible in the market.

So that kind of example is less worth mentioning now because market conditions and the influences that can bring change to the market are very different at this time, but I'm also still very happy to wait for the return of the bullrun in Bitcoin so that everyone can see higher prices again in Bitcoin even if not in this year.

This is the most challenging time even investors should be at alert because you can't truly give accurate results on how the price of bitcoin should move, we know we reached ATH of $69k but can't be same as this year but what i believe is that we must witnessed another new price level that could be higher than the previous price, it may take months or the whole year possibly even next year as we may see it.
So anyone who really wants to take part in next year bull run or which is to come very soon should take advantage of the price now to hold more volume or some units of bitcoin in other not to missed the whole trends.

Even if we had more time, that would be unlikely. Because if you look back in history and believe in a 4-year market cycle, that won't happen this year. Moreover, the world economic situation is very bad and it negatively affects all aspects of our finances, people are struggling with daily life, don't expect people to invest at this time. Unless we have huge news that could help bitcoin hit $69k this year. Also, don't set such high expectations.

Indeed quite a challenging situation for newcomers but those who have been here for several years, they'll take it easy and remain calm. Though we don't have any clue what will happen next, somehow we believe that after the dump, pumps will come next. However, I didn't think that the price of Bitcoin would be able to reach $69k this year, surely not. But that can be possible during the bull season which is 2 years from now.
Yes, this is the right time for investors, we can't just let this correction pass by without doing anything.If we still on the plan of buying Bitcoin and potential altcoins, we take this opportunity before the recovery.

Opportunity comes in every time but the ability for us (investors) to utilize the opportunities is where we are facing challenges because most people would see this as a trap why those who are afraid of losing their funds are somehow skeptical about the market that something very strange could likely happened to the market which might results in another huge dump in the market, whereas whenever the market turns green they all flood to start buying and holding whereby buying should be whenever the price reaches some certain low levels.

You don't wish when talking of the price of bitcoin you just have to get your conclusion/speculations through after doing your technical or fundamental analysis, you don't base your investment on wishes. Even when analysis is done before giving speculations about the future price yet it doesn't work as speculated not to talk of a wish.
Wether we like it or not, the all time high will not be possible by end of this year as we had earlier thought of from beginning. With the current bitcoin price at 26k$ right now we can't tell if it will go down below or go higher above 40k by the end of this year 2023, I can't say about hitting back the 69k$ ATH, but if you're a good holder continue holding the bull run we all expect is possible at most by 2025.

Agreed, there is no strong market news yet to take Bitcoin to its new ATH. The global economic slowdown is a major reason for the downtrend in the market. It is not really logical to think of investing when it is becoming difficult for people to meet their daily living expenses. The crypto market is also very connected to the traditional market, so it is natural that the impact of the economic downturn will also affect the price of Bitcoin. I don't think Bitcoin will even come close to the new ATH this year, it seems pretty much impossible. But we can think positive for the next year, maybe a new bull market can be prepared to start from next year.

The price is likely to return to the 69000 level in 2024 or early 2025. A halving of bitcoin will occur in April 2024, and it is unlikely that the manipulator will start raising the price before halving. We can expect a sharp price drop this year or early next year, followed by a rapid price increase. Not all coins are out of weak hands yet

Maybe you are right with that because lately it is said that the founder of Ethereum (Vitalik) have transferred a big amount of ETH on some exchange and is planning to sell it. I guess that can crash this market once again. Other than that, I have read a couple of bad news earlier about cryptos.

For now the price of BTC have risen a little. It is now on $26k from the former $25k but we or others who are not aware yet should not celebrate for the reason that we talked about earlier. Don't worry mate because if not from this year, we will surely recover to $69k next year or two. I'm sure about that because that is also what others are thinking.

Review the market price of Bitcoin, analyze the market, check the Bitcoin timeline, and check for catalysts. I mean for sure it is realistic for the market price of Bitcoin to reach or surpass 69k$ for sure just because of the Bitcoin adaption which is huge compared to the past year I could easily bet that the all-time high is going to be higher or probably 2x or 3x realistically. The market has its cycle so you could easily expect that price again in the Bullrun.

I just dont think that it is going to happen this year probably we can expect the market price to increase at the end of the year just because we are already getting near the Bitcoin halving and most of the time it's probably going to pump the market end the end of the year until march next year if you're going to check the bitcoin halving in the past years you could easily see that the market price pumps after the bitcoin halving and before. In my opinion, the bull run is going to happen after 2 years, probably in the end of 2024 or 2025.

Bitcoin has a long term future one challenge is the volatile and unpredictable nature of the cryptocurrency market, which makes it difficult to predict the value of bitcoin or other cryptocurrencies over time. Bitcoin's all time highs and lows are driven by its supply and demand. High demand and limited supply cause the price to rise and low demand and excess supply cause the price to fall. Bitcoin reached an all-time high of in November 2021 it is true that even if bitcoin is currently at an all time low its value will rise.

I will be shocked (pleasantly though) if Bitcoin ever gets anywhere close to $50k this year, let alone to its present ATH of $68k+. It's a tall dream if we expect that to ever happen this 2023. We can dream of such price level in 2024 and that will be even after halving. My prediction for the next ATH is in 2025 and that will see price above $120k to $150k, expectedly. I just hope it doesn't disappoint after halving anyway like what some cryptos do. They just drop value.

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

This year it is almost impossible to be honest. Moreover many have predicted that Bitcoins will reach the new ATH price in 2024, as Bitcoins have always followed the 4-year price cycle and 2024 is the 4th cycle. So don’t keep any hope from 2023. In the meantime just accumulate as many Bitcoins as you can in this low price. Once Bitcoins reaches the early 2024, it will grow up and won’t stop. So act wisely and quickly.

If we look at the history of the market cycle for every four years. So the price increase will start next year not this year because the all-time high increase has occurred in 2021 and this year clearly has not reached a four year cycle as has happened in history so we need to expect it starting next year even though not immediately for $69k. But at least you can see better price improvements next year by not ignoring global economic conditions too, because there is an impact that when economic conditions become increasingly difficult in life, there will not be many people who are able to invest in anything.

August 2023 is over, the crypto market especially Bitcoin is getting worse, let alone $69k, reaching $30k is very difficult in August for various reasons, it seems you have to be patient in the current crypto market situation to reach the $69k level, maybe not now.

I've seen speculation and predictions from one source, which I think may be fairly accurate from year to year, where they mention speculation for Bitcoin in 2023 not moving beyond $30k, game around $25k to $30k, they say something new will happen to the development of Bitcoin in 2024, that's speculation they are monitoring, we'll see what the next direction will be, hopefully it will be better in the future.

If that's what they say, then I hope you will refute it vehemently. I mean bitcoin has crossed $31k in 2023, but it went down for some reason. After all, $30k resistance is not the strongest to expect to hold until the end of 2023, but there is a lot of possibility that $30k will become a support level in the coming months leading up to the halving.

It is good to have huge expectations about price but we should be realistic in doing that. Checking the historical data of Bitcoin, you will notice that for any new ATH, there must be something to propel it, one of those being halving. The halving is billed for next year so, since no major event this year, I wouldn't expect to see such huge prices yet.

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

I dont think we are gonna see btc hit back 70K or hit new ATH this year my best guess is that would touch 40K is top or sideaway in 30K unless there is super good news that happen like US start legalized crypto as everyday payment like Elsavador did  ;D

Technically, it's not possible for the price of Bitcoin to hit that mark within this year since we know how unpredictable the market is and if people and institutions start buying all of a sudden, we might see the bull run starting very soon. However, if we see logically, it sounds unrealistic for Bitcoin to reach $69k only within this year when we only have 3 months left for the year to end and Bitcoin is still around $26k and it will need to go up by $43k in 3 months to reach that mark.

I'll be more than happy if Bitcoin even manages to hit $40k this year which doesn't look like happening anytime soon considering how weak the market is looking at the moment. A quick pump is only possible if all of a sudden a couple of good news hit the market and people become more confident and start buying instead of panic selling.

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

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

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

It’s too early for Bitcoin to hit new highs. I would expect that this won’t happen before the halving regardless of what desperate companies try to tell you with $100 bets and podcast posturing… There’s still plenty of time before we’re back above $69K, but I do believe we’ll be headed that direction by the end of the year.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

there is a thread related to this that has been up recently , and there it is

https://bitcointalk.org/index.php?topic=5466963.0

I think they can collaborate with each others? as the posts are almost the same and may be used towards them.

but there is something great to come in the next halving that will take place in the next year.
actually we are only in the months to count before the miner halving.

People who still like to speculate on Bitcoin prices are also based on facts that have happened in Bitcoin, although they can still miss what will happen in the future. Because if there are experts who can really know what the next price will be in Bitcoin, then that person will be rich first because he already knows the key to what the price will be. But this is always difficult for anyone to know so that everyone has the opportunity to profit if there is an improvement in prices in the market.

$30k is not a very high target from where the market is right now, however, the strongest resistance for this year has been around that range and the challenge is to go across that line which Bitcoin couldn't do in the past 8 months and the 9th is also about to finish. But it will obviously not be able to reach its previous all-time high this year considering we've only got 3 months left for the year to end and the price is still sitting within the range of $26k-27k.

But, the price should start going up after the year ends as we approach the halving event in April (approximately), since the whole market is expecting the bull run to start after that and investors will surely start buying more as the time starts getting close, and there will only be 3 months after the new year starts.

We all know that the halving is the catalyst for the bull market and that bitcoin will reach its ATH, but based on the past, the bull season usually only comes a year after the halving, not immediately. So I don't think we'll start raising prices right from the start of 2024. In my opinion, there will not be any significant price increases between now and the halving, and after the halving, things are not immediately more feasible.

People have also mentioned that the halving is approaching and that it will prevent bitcoin from falling in price and the price will appreciate over time. But as we can see, bitcoin has remained stagnant below $30k for months, and there is still no sign of it going beyond $30k, let alone going higher. I just thought about bitcoin starting to increase in price after the halving ended a few months later.

Bitcoin throughout this year wasn't able to go beyond 30k and price remains revolving in 25 to 30k bracket. Since no one wants to miss bigger piece of cake, i.e. the expected bull run after halving that's the prime reason majority is Hodling and there is not much fluctuation in the price of bitcoin. As far as OP question is concerned, there is very little chance of bitcoin breaking its ATH this year. Every eye is now on halving coming up in April this year.

l don't think that bitcoin will reach the price of 69k before the end of the year, viewing what has happened and what is happening. The price of bitcoin may go between 25k and 35k during the year depending on the demand. Major bitcoin price increment will be late next year and 2025, as the case may be.

I would say about 7 months or max 8 months left until the halving happens, which is going to be special without a doubt but I think we are going to see a little bit of changes back then as well so we should be ready for anything and shouldn't be really shocked about it.

It is going to be tough, but if we could end up holding it as long as possible then we are going to end up better as well. We should just wait for it to reach a level where it is understandable and wouldn't really cause any trouble for the market, it can't just go up like crazy. I know that we are going to end up with a good result eventually anyway, so there is no need to rush anything and we need to just make sure that we take our time with it.

Yes and this is not just mere hope or blind hope. It is hope that is back that solid precedence. Two of the biggest events to herald this is the halving in 2024 and the approval of more bitcoin ETFs.

I am looking at bitcoin hitting $70 at the year's end. Keep holding, do not sell.

Bitcoin's price will likely start to rise from the beginning of 2024. Everyone expects growth as usual in late 2024 and early 2025, but everyone can be fooled - and set up altcoins at a time when few expect it. Manipulators know how to make unexpected moves - we are constantly convinced of that

I believe that there is always hope for a return to $69k this year - but I don't think it's mandatory. I tend to expect $69k to be reached after halving - meaning it doesn't happen this year. If $69k is hit this year ^{[before halving]} - then I really expect $200k to be hit after the halving. However - I'm not just fixated on when bitcoin will hit ATH, but this is certainly the most defining moment in most users' investments.

This year is pretty much doomed; it was a bad year not only for cryptocurrencies but for the economy in general. Inflation, the ongoing war, the housing crisis—it keeps getting worse. Perhaps the halving might come to the rescue, but to be honest, I'm not expecting to reach the previous ATH of $69.000 anytime soon, even after the halving; I'd be satisfied if we surpass $50.000 by the end of 2024, which is still quite distant from the current ATH, unless things suddenly take a turn for the better. The recent crisis with the SEC lawsuit against Binance didn't assist either, nor did FTX's bankruptcy, with each incident itself causing a minor crash in an already bear market.

If we look at Bitcoin history, every 4 year, the price of Bitcoin recovers its previous ATH before rallying to break and create a new ATH.  So @OP there is a huge chance that Bitcoin will recover or even exceed $69k but not this year.  It is more likely on the year 2025  when the market become bullish.  We need to have patience in order to witness Bitcoin recovering to $69k  again.  Avoid unnecessary Bitcoin selling because you will be missing out on profit when the Bitcoin market rallies.

This, pretty much. Its bit too late to hit anything above 30-35k in Bitcoin. We are too much into bear market. Normally there would be reaction to dumps if we were going down from 60k to 40k etc But we are going down even from 30k levels to 20ks. Its best to spend this year accumulating Bitcoin at lowest prices we can ever hit. I would honestly buy a lot Bitcoin from 22-23k levels. I believe it will hit 80k at least in next bull run.

During the big and long bearish decline bitcoin could not touch the $35K area despite several times mentioning the next resistance but it does not show anything unless the decline continues.
Now we are buying more in the $30K -$20K area and it is a long journey this year and maybe even until the end of the year bitcoin will not have any recovery movement at all except for a flat sideways chart.
Yeah this is our chance where there is a lower price why not continue to take advantage of it by buying DCA or Lump sum.

That's right, instead of expecting bitcoin to recover or increase in price again this year, we should take advantage of this year to accumulate more bitcoin because once the halving occurs, the opportunity to accumulate cheap bitcoin will no longer exist. Many people have taken the opportunity to accumulate bitcoin at the price of 20k$ or 23k$, but for those who have not bought too much bitcoin, the current price is not too bad to collect. Don't wait for the price to decrease further to buy because there is no certainty that BTC will decrease in price further.

I believe $100k is an easy target that BTC can reach in the next bull season, $80k is a bit low for me.

Every individual should be setting their targets to 2025 because that's the year that the bullishness of the market will be back. We shouldn't be expecting it to happen in any year that isn't 2025. The market doesn't have enough positivity for we to see the price getting to the previous all time high. When we have positive news coming into the market the price will start rising and crossing $69,000 again won't be a big deal because the price will continue climbing higher.

There's hope for the market to end the year bullish but there no hope for we to have a new all time high this year. We'll be asking the market for too much if that's to be the target. As the market stands it's finding it difficult to break $27,000 and it might end the month that way.

2024-2025 seems to be the right year for the price to turn highly bullish. We've got more reasons for the same, and for the same we can't say that bitcoin won't rise this year. Even in 2023 the price could move high above $69k as the market is completely unpredictable. Right now the predictions were much connected with the halving and for the same reason everything is tied to 2024-2025.

As said the there is not much room for growth to cross the previous ath this year. This is true, and if something big in terms of adoption takes place we can expect the massive change in the market. Apart from this bitcoin ETF approval and few other positive response happening this year could boost the price and the market drastically. Lets see to what extent the growth gonna take place.

Bitcoin will soon exit the bear market ,  whales have already started accumulating, a sign that they were expecting the coin’s price to surge in coming weeks . and the prices back $69k  and over  the bitcoin is the hope since long time , the prices already rise from small level to high level every time

A favorable entry point indeed. In the coming months, a slight bearish trend may guide us all towards a support level at $25,500, and should Bitcoin dip below $25,000, we may re-enter the realm of $22,000 to $23,000 thereafter.

Before a bullish run typically ensues, a period of bearishness usually precedes it, followed by a sharp price rebound. Traders often refer to this as an opportunity to accumulate more assets and maximize profits when prices turn bullish in the near future.

I think it is not possible for Bitcoin market to reach $69k dollars this year. Because the current speed of the market suggests that it may still take a long time to reach that state. As we were expecting to see the Bitcoin market between $30k and $40k dollars in the current month but it has not been fulfilled rather it has been reversed. Bitcoin price is above $26000 in the current month and according to that we can say that the position and the green light are not very visible at the moment so Bitcoin will not grow much this year. As this year is only a few months away and the trend of the Bitcoin market suggests that Bitcoin may not reach this level this year. But I think the Bitcoin market may reach that point by 2024, and when Bitcoin will be halved and then the market will see a bull market. When the Bitcoin halving starts, the price of Bitcoin will continue to increase and then we will definitely be able to determine a good price from Bitcoin.

Yeah, Sometimes things can happen faster than expected or late too as everyone is expecting 2024 to be the main event year that the price is expected to start bouncing back. But from my perspective, I still join those who think the price will have a major recovery in 2024 after halving and possibly see new  ATH  in late 2025, So the chances of hitting 69k previous ATH this year is on the low side Imo.

This is what I am expecting as well, while a great deal of people are expecting that as soon as the halving happens we get a bullish movement, I think it is way more likely that things will remain roughly the same and then we could see a decrease on the price as people begin to sell disappointed they are not obtaining the immediate profits they were looking for, however this is the perfect opportunity to accumulate even more bitcoin, as the bull run seems to be inevitable to me.

Our common opinion is that the bull run is the future. We have ideas about when it will come, but we all say we need to be careful. I think it is positive that we approach the market in this way.

Since the predicted high prices did not materialize, we are now considering the price to fall and collect Bitcoin. I'm really curious about what will happen during the halving. I wonder if the price increase will occur before or after the halving.

Based on what I heard on a podcast from one of the best traders in forex industry, you must keep accumulating a lot when there's not much nuisance (volatility) in the markets. I am talking about the type of volatility we see when everything hikes very high (during the bull run). So, when we hear that there's blood on the streets or that the crypto market is boring and whatnot, but you just need to keep patience and keep buying. I can't say whether BTC will be above $69k or not this year, but yeah you will earn great returns if you make an SIP for your investments and follow the system to invest your money and keep compounding the investment.

For the sake of the market, it's better to avoid 69k this year, if this happens there will be a massive sell off again before the halving and that will probably prolong the bear market, it's more healthy if we go sideways for a while and be at 30k range by December 2023, it's for the best.

The best things that will likely unfold in crypto space will be in 2024, the first one is Halving and maybe after this event we will see the delayed ETFs approvals finally getting approved, I hope this will take place, because I believe its why they delay the Approval, it won't do any good for the market if ETFs are getting approved right now.

I will like to focus more on possible leg down, maybe a $20,000 Bitcoin price as the final flush out before we start seeing a more powerful bullish trend unfold after the next Bitcoin halving, my advice is make sure you never run out of money, because we might see another dump again, it will be painful to lack money at such time.

Many crypto investors would love to hodl their bitcoin until the bull run begins in 2024 or 2025, depending on the price, and when they decide to sell their bitcoin towards that time. But if it turns out that the price of bitcoin surged to $69k this year(which I doubt), the majority of so-called crypto investors won't find it necessary to sell, and I think they will prefer to hodling more of their bitcoin until the main bull run begins in 2025, which many thought that the price of bitcoin would rise higher than the previous ATH of bitcoin($69k).

Putting up into our minds that a market cant really just having that single path to take on which means that if we are moving downwards and sideways for too long then its really that impossible for the market on having

no upward movement or would really be having that recovery on which it would really be just that so normal that you would anticipate that it could happen anytime soon specially now that we are fast approaching
on halving event which we know that a its a huge catalyst for the price to pump but no one really knows on when it would happen. Now we are on the talks about recovering on 69k for this year?
It is really just that too far off basing on the movement that we do have now on which we do even have a hard time on breaking 30k again then let alone that previous ATH that we are talking on here.

This is why it would really be that important that you should not really that anticipate or expect much with those numbers so that you wont really be finding  yourself that getting disappointed when the time comes that
it didnt really happen. We are dealing with a speculative market on which it would really be just that normal that you would really be dealing up with something that unpredictable.
So it does need that speculative approach at the same time you would really be needing to take up the risks.

That is the way it works, while the bull and bear markets are both loved and feared respectively, the truth is that your strategy should already be completed by the time they appear, so if we are expecting the bull run to appear a few months after the halving then by that time you need to have already bought almost all the bitcoin that you are going to need, now it is obvious you do not have to remain still and not buy bitcoin once the bull run appears, but at that time your savings need to have been used already and you should only buy bitcoin with whatever amount of fiat you can get each month.

If the price of BTC was $40k in August, there would have been hope for Bitcoin to touch $69k this year. But it's a completely different trend that has caused Bitcoin's price to plummet. Although there were fears of some market growth at the beginning of September, but it is not possible to tell how good the position will be this month. But we can probably expect BTC to go above $30,000 as the market is looking good at the moment. But we can expect $69,000 from Bitcoin next year, and this is certainly possible since we have a halving year ahead and a huge bull run ahead. So those who invest in Bitcoin at present will definitely benefit when the Bitcoin market makes a new history and reaches an all-time high. That's why long-term investing and holding and waiting for the bull market, surely we expect good things from Bitcoin in 2024.

Whales have been accumulating below the 20k level. Where did you obtain this information about a potential surge in price for the coming weeks? This is weird because what i am anticipating more fud about binance to make the sentiment negative. This can be a collaboration between Blackrock and the SEC. They have already taken legal action against the biggest crypto exchange in the world.

That's a little strange because I also don't think that in the near future there will be a price spike in Bitcoin. Maybe everyone has also seen how Bitcoin experienced a slight price spike in the market recently, but it was still not enough for Bitcoin to return to $30K which still indicates that a large increase is still quite difficult to occur in this near future. Moreover, if the sentiment regarding the Binance commotion is still ongoing and has not ended, it will clearly have a big influence on the effect of the increase which may still be difficult for Bitcoin to occur.

That price spike seems normal to me. There isn't any momentum in bitcoin price action and the lack of enough volume prevents it from breaking the 30k resistance level. As long as bitcoin is under the 30k level I cannot say confidently that bitcoin will rally towards the 40k level this year. That resistance level needs to be broken to create positive sentiment within the bitcoin community.

The key on here is that you should not expect much on seeing those numbers because we are basically speaking or pertaining about breaking that all-time-high which we know that it cant be so easy.
Bare in mind that we do even struggle in the past on breaking that 19-20k all time high on previous bull run but it did really eventually be reaching out those numbers and we didnt really expect
that it did really be able to push through 69k. Now that we are already fast approaching with the halving event then expect bull run would usually be kicking in after some couple of months or lets say
6-7 months basing up on the previous but this time then we dont really know on when it would happen. Speaking about breaking its previous ATH for this year would really be that impossible,
we cant really be that so sure for it to happen until that halving event would happen. Any event on post-halving event is something that the entire community would really be looking upon which we do know
that there would really be always having those chances that price might sky rocket anytime on this timeframe.

Even you have used bitcoin and know how bitcoin use to rise and how it use to fall, you will notice that the price of bitcoin always increases to a particular point that I don't know, in which when you looked at the price of bitcoin you will always see another way of information base on people personal predictions of bitcoin, their is something we are supposed to understand in bitcoin, the price  always rotate but saying that bitcoin will reach to 69k this year I think it's impossible because the price of bitcoin I have not seen anything that will motivate the price to increase

Yeah true, if we end up having some movements this season that would be terrible for the future because we are taking away from the future bigger bull run. We should let it be for the time being and then wait for the big bull run to start. Save all our money until then and we should all pump it as much as we can whenever we can. That would be a lot better, it will end up with a good result. I know that not a lot of people believe in this but we could potentially do something like this.

I believe that we could do something about this situation and should be something that would be a lot better. I believe that we are going to end up with something that would make more sense if we could end up with a better deal.

This year will end in less than 3 months and looking at the current market situation, it seems like the hope of seeing the price reach $69k is a difficult thing, I don't want to say impossible because fantastic movements usually occur in Bitcoin, such as in January, which rose more from 40% in a month, but the chance of reaching $69k I think is only 0.01%.

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

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

As you say 0.01% chance of Bitcoin reaching $69k this year, you have logic but I think it may be very difficult for Bitcoin to reach $69k, market can say no its impossible. If there was any good news this year, it was likely. But if you look at the annual calendar, you will realize that October has seen the biggest price increase in the past year. I would say Bitcoin will have to wait until the halving or bull run to reach $69k. This year's predictions say that the price of Bitcoin can reach $40k at most. You can get good amount of profit by investing if you want.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

I don't think that a good number of crypto investors are not even focused on what the bitcoin price would be this year. Just because they are not ready to sell but to acquire more Bitcoin this year. So whatever price they see toward their bitcoin investment this year, they will accept it by waiting patiently until next year to see whether the price of bitcoin will be higher than its previous ATH. That makes it sound like,  they are after what bitcoin would be after the halving season by next year. So this year's price of  Bitcoin is not really what to raise eyes balls to because it won't get to the ATH of bitcoin a few years ago

Just be grateful that finally we surpassed the 30k level, as it has been a while that we see this price.
Aiming to reach 69k before this year ends may be difficult. But for 40k, it seems there's possibility.
If you believe that we are heading to 40k, and you have extra funds, why not invest some?
The target of 69k won't come easy as we only have few days left for this year. But it may happen in the coming years.

Considering the time frame, the current price, and the previous performance of Bitcoin cycle. this indication shows that it is almost impossible for Bitcoin to get back to $69k this year.  If we look at the price history, the time Bitcoin break its ATH is some months after the halving so basing on that, I think Bitcoin will unlikely hit or recover to $69k this year.  Aside from that, ETF application approval will take place next year so I believe there is no strong catalyst as of the moment for Bitcoin to get back to $69k this year.

I am one of those who believe the price will still be higher even from the last ATH a few years ago, so the current price still makes sense to buy and hold until the halving because after the halving the upside potential is very large, but expecting the price to reach the last ATH around $69K this year I predictions will be difficult to achieve, Bitcoin is very likely to remain in the current price range with the highest price that can be reached being $45,000 because big investors will influence the market to remain in this price range for them to take advantage by continuing to add Bitcoin to their portfolio for profits in the bullish period for some time forward.

If this year can reach the highest price of $45k it will already be a bail point for Bitcoin price reversal next year.
Bitcoin price will continue to be pushed to keep rising until it reaches the last ATH and can even exceed it.

Large investors or whales always provide manipulations to increase their holdings by buying at low prices.
There will be some corrections that will definitely occur.

Looking at the current price alone which is in the range of $36k + + and had stanbay above the price of $37k.
Be prepared for all sorts of bad news to come out, December is just around the corner and it will be a month of discounts for all.

you have already answered your own post , waiting to cross 40k in August so meaning that is already impossible for you?
well now staying at 36k and yes reached 37k recently but I am waiting for 40k this whole year
not just in August but the whole Year.
you seems to know the answer already so stop assuming there will be great for the year.

I don't know if bitcoin can rise and reach 45k USD before the end of the year, I really don't want to make too many predictions. But I also predict that a correction will almost certainly occur after the market's euphoric days. We should prepare for that so we don't have to panic and I also believe that the correction will not be too big and that is what is needed for a market to grow more sustainably.

Even if bitcoin doesn't hit $45k this year, I still see that we've been really successful as bitcoin has recovered and hit $37k. Even if bitcoin doesn't reach $45K this year, bull season is inevitable once the halving occurs.

Investors that have such abilities wouldn't just keep it within the same range but they will make the market come down either by spreading FUD or buying a large amount and creating a wall for selling Bitcoins at the current market price and once others start placing their orders above them, they will bring the wall on the top, this way, those who are willing to sell their Bitcoins will keep reducing the asking price and the market will start dropping down slowly.

However, I believe most investors have already filled their bags when Bitcoin was very low, and they wouldn't be doing a lot of manipulation for now and the price will depend mainly on real-life events and retail investors and their sentiments. If they start mass-selling or buying, the market will move accordingly.

People are speculating that the price will increase and might touch $60k. I think at the end of this year BTC might touch $45k, and then there will be a dump in the price, and the price might visit the $20k range. The price will start to increase after BTC halving next year. We will see some gains in BTC prices in 2024. When you look at the historic BTC trends after halving, you will realise that the BTC touches new ATH after 1.5 - 2 years of halving.
I can only speculate that 2025 will be the year when BTC touches new heights ($150k or more).

Bitcoin was able to gain 10k increase in value in just about a month, who's to say that a 32k increase isn't a possibility? December is a pretty neutral month of the year for bitcoin if you look at it's history through the years, there are years when it's a bad month and there are years that isn't a bad month so here's to hoping that December won't be a bad month for bitcoin but if that's the case then I guess just hold on or just buy more bitcoin.
There's still a lot of things that can happen, I don't think that a miracle event is needed to happen but when it's not yet the end of the year then we still have hopes that bitcoin will be able to hit $69k this year, maybe in the last 2 weeks of the year and bitcoin still hasn't reached even near that $69k or even $45k then we can finally be so sure that it won't hit the projected number this year.

Currently the market trend is very positive. From this position we can expect bullish movement of Bitcoin. But we have a past experience where the market shows a big dip just before it is fully bullish, but we cannot predict that this will happen for certainly. Also, it could be that the $25K drop we saw in the market a few days ago was a big dip. We are at the end of this year with the market trending positively towards $40,000. However, towards the end of the year, there may be a temporary decline rather than a major upswing. But Bitcoin will definitely be bullish as the halving time is fast approaching. I think we will see a big bullish movement before 2025 and within 2024 we may get a ath price of bitcoin.

There is no chance in hell that Bitcoin ends the year at $69,000. If anyone wants to bet on that, send me a PM and be prepared to escrow some BTC.

Imagine the god candle it would take to reach $69K. I just don’t see it happening. Don’t get me wrong, I would thank my lucky stars if that were to happen, but it’s just not going to. Maybe late next year, but more likely in 2025.

It seems the 40K price is getting closer and now we just have to wait for it to break $37,980 again. However, I am optimistic that this figure will be higher than what Op. Hopefully stupid and useless news doesn't come so it can be a distraction when prices improve after the last collapse.

For the possibility that the BTC price will reach $69k again this yearlike OP say. I think we should both wait and see how things develop because nothing is certain in this space.

I doubt it will happen this year. There is only one month left, after all.

Although it will happen. The next time will probably be on the way to 100k. So I do not recommend thinking that 69k will be the limit for next time. Bitcoin is no longer a low liquidity asset which can be toyed around by a few millionaires. The volatility is not as drastic as it used to be. But that also means it takes longer for the price to reach new heights. :(

Well, with so little time left before the end of the year, it is becoming less and less likely, but it was also very unlikely in August, when the thread was opened. ATH has never been played again in this part of the cycle so far, which is not to say that history necessarily has to repeat itself, but as things stand there was no compelling reason to think so.

Currently there has been another correction in the Bitcoin price which is occurring normally although I am still quite optimistic that the price will move again to approach $38K this month. Useless stupid news doesn't seem to have much of an effect on Bitcoin's price for now, because it can be offset by the good news that is happening at the moment.

This achievement is still too big to expect this year, because price movements and price corrections are still constantly occurring in the Bitcoin market, so you don't need to wait for this because the targets are still quite numerous and large. A better target of just $40K to $45K for this year would seem more realistic than targeting such a high price in Bitcoin this year.

With the current price performance of bitcoin in the market, I'm optimistic to say that $69k will be easily reached or even surpassed before the year ends.  But it never means that bitcoin price will go straightforward and create a new all time high. That is not how bitcoin works. Expect that we will come to experience some price decline first in preparation for its new all time high. Although this is still not a sure guarantee that we are actually heading there because of market volatility, but rest assured that we will come up with a new all time high, if not this year, then probably after the bitcoin halving.

At this point,  your speculation is already coming into reality and this point to a lot of the exciting motivations of Bitcoin market movers who have pushed the price to 37-38k in this period and also possibility of having more price increase in the coming days of the year but also just like you have rightly said,  we may not likely going to have a bitcoin all time high in this year 2023.

Bitcoin halving is around the corner and for that,  most of the bitcoin spectator have hard much expectation of the market all time record after the 2024 bitcoiBitcoin seizes reductions.

Even though we have reviewed the performance for the last 2 months but to determine the prediction of $69k it seems difficult to achieve for another 1 month at the end of next year, I only hope that the market price can close $40k+ by the end of this year then the price prediction for Q1 next year will be closer to reached the previous ATH. The market is currently experiencing a correction of almost 4% after a drastic increase last week and the market volatility does not support a significant increase this month, it seems that the $30-35k price will persist throughout this month and we hope that positive news support will increase the market price soon reaching the $40k price.

or it can very well be fast. but it depends on the market sentiments and updates. in this market, we can never be sure when a certain price will hit in the market. we can speculate and that's all there is. such level is still very far from what we have now. so i would say, be conservative with your estimates if you are relying on your predictions how you invest on this market.

end of year usually always being considered by many analysts and trader as grim moment for cryptocurrency market as a whole, its considered as the time when bearish hits, but right now the market is doing fine, the bearish should be started around september but instead this months around has been quite good and prospective moment for bitcoin and altcoin in general, I think we might see good news in the future when the year is changing.
therefore i also anticipated for bitcoin to hit $69k eventually in the next year not this year around because as you said there's just one month left, but of course next month we might be hitting yet another even higher price point so we should also anticipate that after all as you can see the movement of cryptocurrencies is quite fast if compared with the other investment instrument.
therefore even within one month period of time we might even see bitcoin hitting all time high, we just can't predict for sure how the bitcoin price will behave.

Now the price of all the coins including bitcoin price has started to increase. Hope the market will be better next year. Sometimes I get very worried when I see the bad condition of the market. I have invested in several currencies including bitcoin which I am always looking for.  I like to keep an eye on the market. Hope there is a possibility of getting good amount of profit from bitcoin investment next year. Profit from investment depends a little bit on luck. If luck is good, good amount of profit can be obtained. Again some time there is a lot of loss.

Do you mean the next year in next time? There is no way there will be an ATH next year because there is not such a big hype before halving, big hype happens after halving. BlackRock expressing interest in Bitcoin already means a lot for its price and we already saw the result of that, one probably couldn't imagine Bitcoin reaching 37K this year but it's doing well. $69K is not easy to rich, keep in mind that price is already high, we don't talk about $100 and $200 where it's easier for people to pay higher and higher and double or triple its price in days, we talk about 30K and higher, it's really expensive to make it double in price, it requires a lot more involvement and hype.
My prediction is that we may reach 45K this year, not more or price will fluctuate between 25-35K.

Although it's hard to believe but there is a possibility that Bitcoin will create new ATH next year. If we go back to the time when the market was still bearish, we cannot believe that the Bullish is coming because the impulsive movement we expected in the market did not happen. We can't be blamed because we are based on the bullrun in the past. But today's bullrun is different, many believe that we are still bearish. The same is happening with Bitcoin today, we don't expect it to create new ATH because of the valid reason that makes it impossible.

Either way the price should be used as an advantage by you that's only except you are a short term investor or an investor who has reached the limit to his investment because as an big time investment that the price starts falling it should be all opportunity to go all out and add to your portfolio even more as that's the period where your Bitcoin purchase would have bigger value compared to when the price is high.

As per experience though, last year was bearish because with a lot of negative things that happened in the market like the Terra Luna and the FTX collapse and so it highlighted how volatile the market really is. Although it was not expected at least that this year, it will be a big recovery, a more than 100% increased from the last lowest low due to the events that I mentioned. And it's good enough already, that is a big jump in price and I wouldn't go to stretch that we wanted to see a new ATH for this year. It's not going to happen as this market works in cycle, and the next cycle will be up next year after the block halving. We just have to thank everyone for that huge recovery we had for this year and then wait for the bull in 2024-2025 to have our new all time high for that cycle.

If reach 69k this year - I think it's impossible. But with bitcoin, each subsequent halving cycle will have a bull run. I think there is nothing to worry about this. The upside potential of bitcoin is unlimited, the market dynamics and “internal” strength of bitcoin have since its inception become widespread. Bitcoin is a powerful tool to help the economy overcome the inflationary cycle. I believe the next bull run will see bitcoin 100k - 120k. Just hold bitcoin long enough and be patient

It's not that far off. I think we get close to 48K by years end.  but if you look at dec 2017 we moved bigly

nov 19,2017.  8,300
dec 01, 2017 10,800
dec 16, 2017 19,800

that is 1.8333 x 1 increase  dec 1 to dec 16 we are 36545 so x 1.8333 = 66999

So it is unlikely but could happen.

and 19800/8300 = 2.3855 to 1 or

2.3855 x 36545 = 87,179

so hi end could be in 67k to 87k for this year.

I do not think it will but you don't know

I wish it was such a linear calculation, but we also need to take into account that the actual amount of money needed to push the Bitcoin price from 10k to 20k is very different from pushing it from 40k to 80k if you do the calculations based on multipliers. To go back to the 70k range I think we will need enormous short-term momentum, gigantic volume and sustainability of positive sentiment for a few weeks. It would mean we would go from 720 billion to 1.5 trillion market capitalization for Bitcoin alone. That's a lot! ;)

2024 won’t be that much bad for Bitcoins. Bitcoins have to maintain the price anyhow above 50k in order to achieve new ATH price soon. Now regarding this year, then yes it will be really difficult for Bitcoins to cross 69k USD. The demand aren’t enough to force Bitcoins go up. So we might see Bitcoins ending close to 40k usd by the end of the year. So before Bitcoins touching high price, it’s good to accumulate as many Bitcoins as we can. Only in this way we make the most profit from the bull market.

August wasn't that promising in terms of how low the price was as of then, September gave us the impression that October would be better, the price of Bitcoin became positive when we got to October and since then it has never given us a dip. I expect this November to drop something bigger than what October left behind.
Bitcoin price can get to $40k this month, while heading to December it will be at the range of $45-48k but ending of this year can't give us $60k talk less of $69k, nope is not going to come through.

Based on what is happening in this month of November, I believe the price of BTC will reach above $40k but it will not reach $69k before the end of this year but it will come close to $100k next year ending which is my major target. October has showed a good results that made many hodlers to believe that the price will surely pump higher for hodlers to release their coins before the end of this year to make a good profits and to have a good time to prepare for another bear run to come so that they can still be part of those that will still enjoy good profits when another bull run show up.

If the price can hit $40k before december, many investors will be very happy because majority of BTC investors that is what they are looking unto before they can sell in this year.

If we analyzed the current progress on Bitcoin price, achieving $40k should be easy at the end of this year. The price looks quite strong to survive above $35k, it is even trying again to reach $38k now. Yesterday, I thought there will be another severe decline when there was bad news regarding CEO Binance (Changpeng Zhao) resigned. But when I look at the market condition today, I am quite confidence that that news seems to have no significant influence to the growth of Bitcoin price. It may influence the price of BNB coin only.

Well, $69k is likely too high target for the end of this year. I even doubt if we can achieve it before halving, it is something that we possible achieves after halving schedule. I think the highest price that we may reach at the end of this year is $45k. For $100k, it is surely possible to achieve but I don't know whether it can be achieved in 2024 or in 2025. If we look at the previous bullrun history, the highest price of Bitcoin probably happens 1 year after the halving.

It was realistic to see the price of Bitcoin @40k but talking about $65k, there is a big chance that won't happen. In fact, we only have 38 days left before the end of this year and with the current movement of the market, we're not in the bullish state to see a miracle. As per see, nothing could drive the market to move high but it was the impact of halving which is likely to happen next year. And we often see positive results in the previous halving which is also possible to happen once again.

Of course there are many hopes, it is not known when it can rise, it can rise to that price and more, it is likely that things can be like this, there is nothing written, everything is there, it could be that things can turn out for the better, If it is not this year, I am sure that 2024 will do it, for me there is no doubt about that, I believe that things can happen, but the best thing you can do is buy, buy because it is below its last maximum and that It's a good indication for you, I think it's possible, buy cheap, if the price of Bitcoin goes down, don't worry or get upset, it's an opportunity, you have to try to see things from the most correct point of view.

The year 2023 is almost over, only one month and one week left for this year to end. Currently bitcoin price is 37k, I don't think bitcoin price will reach 69k this year. But it can probably go to 50k to 55k. Because its value is on the rise now. I expect it to cross 55k this year itself. But there's no telling when, since the price of Bitcoin can change from time to time, it can even go to 60-65.

To many things need to happen and in short period of time for sure the wants of people to rise it up to $69k is impossible to happen since there are some controversy happen which actually affect the growth of bitcoin and maybe we can't see the price close to the figures given at the end of this year.

But maybe there's a chance that it will pump at $40k-$45k in figures since this is much realistic to reach if no other same like CZ or Binance issue will happen since for sure that figures will be reachable at the end of this year. For sure in year 2024 everything could possibly happen but we don't know yet if on what month it will show since there's no accurate prediction that can 100% hit this.

Well, anything can still happen that will shock those that think there will not be bull run before the end of this year 2023, but the way the market price look right now show that $40k or $50k can happen for those waiting for such price to come to have the opportunity to earn well from their investment. I believe you notice new moved of the price of BTC yesterday that make the price to rise to $38k to give more confident to customers to exercise patience with their hodling so that they will not miss it when the real bull run occur which is not too far from the market.

If what I saw yesterday in the crypto market, it can maintain that green light through out this year, I believe the price of BTC will reach above $69k which is the price many hodlers are waiting to see in this year before they will believe that $100k is possible next year 2024.

I don't buy the idea of cycle analysis or history repeating itself to avoid making mistakes, but still, you guys are making sense, Bitcoin needs more to get to the ATH again and it is never gonna happen this year again. Although the market threatens it daily, I still believe that Bitcoin may not know $40,000 not to talk of hitting the ATH again this year. It however got to the present state of bullishness because of the ETF events. This event caused FOMO due to the anticipation of halving as well, so people started putting in money, but for how long until halving? We shouldn't also forget that the ETF's approval/rejection has been postponed till next year. So other than the already created bullish sentiment in the market, there is nothing else that can cause a strong bullish impact for Bitcoin till the end of this year, at least, no foreseeable one. What I believe would happen are temporary buying and selling intermittently, this is as traders will continue to show a lack of will for the market when it gets closer to $40,000.

Bitcoin is certainly not going to see $69k this year. Some persons get carried away anytime the price surges and FOMO about it but $69k is way too much. I'm bullish that bitcoin will hit an ATH in 2025, but with Bitcoin halving taking place few months from now, coupled with spot ETF application that's under review, this might help to drive the price up faster than we anticipated. So there's the possibility that it might touch ATH towards the tail end of next year.