Bitcoin Forum

From the look out of things there is no doubt that $60k is sure before the end of this month February reason being that bitcoin has surpasses the price of 50k and headed to $52k if I am not mistakenly and you can correct me if I am wrong. 
Also does this proves the idea of most people saying that bitcoin could hit half a million dollars after the halving by 2025, does this sign proves it right?

Let us discuss.

Sincerely speaking,  I look forward to seeing even more than 60k Bitcoin price in this week or month,  this is very possible to achieve considering the pest at which Bitcoin has been moving in price recently and how the price of bibitcos has been a steady pump lately.

So with that understanding,  I will not hesitate to speculate the possibility of such a price at any point in time and in achieving that we have to remain positive and take the right action that will support the price to keep moving up continuously.

$60k is actually very possible for bitcoin to reach before the month ends since the price seems increasing every day. However, due to bitcoin’s high volatility, I cannot give my 100% assurance knowing bitcoin is capable to move into its opposite direction surprisingly. Even if the market is very positive, that won’t be enough guarantee that bitcoin price will consistently experience a price increase. There are still unpredicted market crash or price correction that will suddenly appear when we least expect it, so always be open for that possibility.

For now, let’s not focus on how high its price will be in the coming days, but focus more on your bitcoin halving’s preparation. If you can purchase more bitcoin and store sufficient amount of bitcoin in your portfolio before halving comes, that would mean a very smart move while the market is still capable to provide daily opportunity.

The last two weeks or let me say a week had seen bitcoin move up like 20% from its price, this rapid rise which causes many investors to think maybe this is a kick start of the bull already but not like that according to some. This has raised questions on weather we will see a new all time high before the halving date, which I will say looks realistic with the amount of demand placed currently on bitcoin. After the Garyscale selling off was done the bearish period turned green which we all know was as a result of the buying power of other approved ETF companies who have been stacking up their bitcoin holdings for potential ETF users. Although the price is in going upward I still feel a little correction will be done when we get the region of $55k price.

I also see bitcoin entering hundred of thousand in next bull run and more precisely 2025 but a $500k speculation seems un realistic for now to me, because that’s like saying bitcoin would do a 10x from this current price which is not realistic because the volatility has reduce. My own target is 140-160 rejoin

It's possible of course, Bitcoin demonstrate excpectation-defying growth in the past, but it's more likely that at $55-56k there will be a correction, because after every price jump a correction will come. And getting close to ATH before even the halvening would be a bit worrying, it means that everyone recognizes the halvening pattern and thus the pattern no longer works. It could mean the accelerated bull market with the new ATH being reached in this year, and a new bear market after that.

Stop worrying about what will happen this month. We're not even at the halving yet. Normally Bitcoin doesn't hit the ATH until about half a year after the halving. $60k wouldn't be that far from the ATH. Though I think its clear the addition of the new ETF market allowing TradFi investors into Bitcoin is causing Bitcoin's price to be well ahead of where it normally is at this point in the market cycle. But no reason to get your hopes up about it hitting $60k this month. Also it probably won't happen. $60k will happen in the near future, no reason to be so focused on it happening in the next two weeks. Heck we JUST hit $50k a few days ago. Nothing suggests it will immediately go to $60k.

it is very possible that the price of bitcoin until the end of the month will break 60k dollars. currently the price of bitcoin is also in the 52k dollar price area. after all this is the year of halving the price will definitely be pushed up.

Of course its very possibilities for bitcoin raise up to $60k before end this month, left two weeks later for this month and I sure bitcoin have more enough time get recovery left $8k before raising up to $60K. Don't worry to see bitcoin will raise higher price before end this month because many positive news and bitcoin trend keep stable on the higher price, I believe with bitcoin potential easily to reach up to $60k regarding bitcoin price since yesterday keep consistent around $52k.

It seems there possibility that the price of bitcoin could reach half a million dollars after the halving until next year 2025, but it depends on whether there is a fairly drastic correction after the halving. Bitcoin prices are usually not very stable after a few months of the halving. Lets see how much price and stable of bitcoin exactly after halving time and how strong bitcoin keep defending on the higher price to get speculation for possibilities hit half million dollar or not.

normally I would say 55-62k by April 15 then a 1 -3 month slump.  We then break 100k in the fall and maybe 200 k early 2025

If we get constant levels of inflows on spot bitcoin and at the same time through the bitcoin ETFs, then we'll get there in no time. Not sure about EoM though, a bit too soon but definitely not impossible if dips are just as minimal as what we had in the 12th-13th of this month.

I think that makes sense, and the price of Bitcoin has reached a high of $52,300 recently. And to reach $60,000, Bitcoin only needs $700 which I think is likely to happen in the near future, but I can't say it will happen by the end of February.
And my prediction is that the price of Bitcoin could reach 55K-68K in mid-April and there will be a decline to 40K-45K in a few months. And it will increase again in the fall until it reaches 100K-150K, it is best to continue to accumulate and increase purchases during the downturn to achieve extraordinary profits in the future.

You need to look at the etf flows and we should get a good guide. For the last 5 days or so we got around $500M in positive flows, which is massive.

Today we only got BITB which was like $100M positive but got $130M in GBTC which was negative so since Fidelity and blackrock aren’t up, I am assuming we will have maybe $300M or so in positive flows. As long as this keeps happening we should grind up to $60K.

Bitcoin has done it again, the bullish comeback was much anticipated, but it is worth giving kudos because it did not fail our expectations to say the least. But now, as usual, you will hear people calling various prices due to what is happening, but to me, I do not see them as mostly professional, they will just randomise the calling which makes it inconsistent. Especially the round figure levels and psychological prices that they often call. As for me, I see that Bitcoin is bullish for now, and the main target is at the ATH of the coin, I see nothing so important to call a target again except that, at least for now.

But this level is still higher than what can be hit any time soon, we will have to be so patient enough for it. It might however be hit before the halving if the market is so determined to move higher, or it might hit it shortly after halving which was against what people expected initially. Thinking that it would take a month after halving for this to be achievable. Lastly, the $60,000 level you called is achievable as well, but I do not see it happening in February. Bitcoin can't move higher without having its own bearish challenges as well no matter how little it is.

Yes its possible to happen especially right now there are more hypes spreading and the halving discussion and its possible effect has been in talks with people so provably many are now looking forward to see bitcoin hit its new ATH so maybe the current effect happened is due to those people slowly starting to accumulate.

But if we talk about bitcoin hitting a half million of dollar by 2025 I guess that's different story that we could discuss since that figure is so far and it maybe need a lot of investment to pour that's why for me its kinda hard to achieve but once bitcoin holders and supporter will decide to accumulate more then hold their bitcoins maybe we can possibly see this price to reach on that particular year. But I doubt it will touch at that figure knowing after a huge bullish run came there's a correction will happen so hopefully we can't see huge decline after that.

We are midway across the month and it looks like bitcoin has slowed down a little bit after crossing the $50k mark. It could still be possible for bitcoin to hit $60k for the remainder days of the month, but it is always to be expected the little corrections every after price pump, since there are also a lot of people who will sell and repurchase after the short correction.
Regardless of those, bitcoin for sure is going to be on an upward motion while heading towards the day of the halving and it will go on further in the next 5-10 months, just like every bitcoin post halving price before. Bitcoin could possibly reach the 6 digit mark late this year or early in 2025.

Well, I enjoy looking at the current trend and I assume that many of us are shocked. But it was enough, the price of Bitcoin may or may not continue to rally that's it, and it could be good not to speculate that high this time. Unless the market cycle had changed already.

I could assume that many BTC holders take their chance to upload their coins after seeing the price increase, not a new thing in the crypto space. And the impact is going down. I was observing the trend, it never stays high too long like 2 weeks which I expect any of these days, but the downtrend seems to appear. Moreover, I'm glad we have this kind of movement making newcomers think that the market is not always on the rally but there are corrections as well.

That's hard to say despite the quick increase in the price as of the recent time, it's probably not going to be skyrocket kind of increase but I do think that it will go to 60k on the 1st quarter of the year, I just don't think that it's going to be this month and I do hope that it's not going to be this month because it's going to be a problem for me, I want to get as much bitcoin whenever I purchase with my DCA so it's a bad thing for me if I don't buy now and wait but the only thing that I can do is wait, there's no other way around but wait until the paycheck hits for me, hopefully I can get in at a lower price so I'm not that hurt that I'll be locking a big portion of my money into bitcoin for future profit.

Actually Bitcoin is growing every day and if it can keep up the pace at which it is growing, surely Bitcoin will be able to reach 60k this month itself. But we can never say for sure that it may go up to 60k this month, it may go down. But one thing we can say is, the way Bitcoin has been growing, if it continues to grow like this, it will reach 60k this month.

$60,000 is possible before the end of this month but it’d be good to cool down a bit, we don’t want the market to get over heated so we get a halving correction. $500,000 might be a little too high to expect in 2025 but I would be very happy if that happens. $500,000 is 10 x in price from here, it could happen but maybe we shouldn’t expect more than $300,000 in 2025.

I am assuming it’s easily possible. I mean 4-5 days back Bitcoins were at 40k usd. But suddenly in a fraction of seconds the price crossed 50k usd. Hence if this pace is maintained, then I won’t be surprised seeing Bitcoins at 60k usd or breaking the ATH price. The demand to accumulate the coins are increasing in very high rate to be honest. This can be seen if you open the trading pairs at any popular exchange. Hence, we might see Bitcoins crossing 60k USD very soon.

I guess everything is possible now, I mean when we thought that we will not even hit $50k, suddenly we did and it goes even higher.

So with the bullish sentiments, who knows, we slight at $52k like it was nothing. But first the next stop should be $55k. And if we did it next week, then chances are very good for us that we could be around $58k-$60k at the end of the month.

When it comes to Bitcoin market discussions, we cannot limit the way it could perform, if we may experience this right now, there's then more to get unfold by then when the halving would have been achieved, $60,000 could be possible and may not be possible before we have the halving, but having bullrun with the experience of what we call new all time high is very possible, even though the said $60,000 wasn't the all time high, it was $69,000 and there's possibility that we arrived at the 60k before halving.

The fact that Bitcoin began to gain price very sharply at the beginning of February does not mean that this will continue throughout February. Typically, the faster the price of a cryptocurrency rises, the deeper the correction follows. So I don't think we'll see it hit $60,000 by the end of February. The time has not yet come for long, fast running. It will not be until the end of this year. Bitcoin will grow, but not as fast as many would like. And its price of half a million dollars next year is something out of fantasy.

I would say maybe another cycle could be required for it, that seems like something we could see it happening eventually. I get that it may not look like that so far, but it may end up being something like that eventually. I believe that the best thing about the ATH price being broken is that you do not know how much more it could go.

So for example, if we have 68k as our ATH right now, if we go to 73k, that means we broke it, will it go to 100k and then stop there? Will it be 200k? Will it be 500k? We have absolutely no idea, we can try to guess but we will probably not know it at all. The best thing we could do is just keep holding it until it starts to fall, then we could start selling if we want to, or could even hold until one more cycle.

$60k at the end of this month is still possible. We're still 2 weeks away from ending it and if this trend continues then we might have that. But I think that we won't be going to $60k.

The possibility is there and we don't know when we'll be going at that range. Right now, it's just best to stay wherever it is and we'd see that we're getting close to it. The goal of most now is to see Bitcoin go to the point of reaching 6 digits first.

True, we cannot turn a blind eye to the flow of money in the ETF market because as a result ETF have had an impact on the crypto market. In the last few days, the ETF market has had a positive impact on increasing demand for bitcoin in the market. The price broke through $52k and fell slightly after that, but if the subsequent selling pressure becomes higher then a correction is possible.

So far $60k is on the way, but the market has to test the $55k resistance first before $60k. Before the end of the month, anything could happen including $60k for bitcoin or maybe we drop below $50k again. I chose the first option without ignoring the second option.

Also does this proves the idea of most people saying that bitcoin could hit half a million dollars after the halving by 2025, does this sign proves it right?


It doesn't prove anything. The market is not only pure demand from ETFs, but also futures and investors going long and short. The higher we go up without a correction the more people will realize gains and short bitcoin. At some points we'll have a pivot and the contrarian in me says that if so many people go euphoric there will be people willing to take their money and force a correction, which can be done with enough money.

IMO we won't see a new ATH before halving and we won't go to $500k this cycle. I hope I'm wrong but your $500k predictions are pretty much like the one where McAfee was supposed to eat his dick on TV.

Then the price of bitcoin could also return to $45K if a lot of money flows out of the ETF. You should not just look up when you are in the market - meaning the market could move in the other direction despite the current positive sentiment. We can never be sure of one thing and ignore another - meaning anything has the potential to happen because the price of bitcoin is so volatile.

I agree - if sentiment is positive and there is a lot of money coming into the ETF market, then the price of bitcoin could break through the resistance above it again. $60K isn't out of the question this month - but a lot depends on how the market reacts when ETF investors dump their assets.

bitcoin in the last 7 days has risen from a price of $48k then penetrated to $52k, this is really fast bullish, I am optimistic that the price of bitcoin at the end of this month will touch $60k, this month is really exciting for the crypto market, especially the bitcoin market, especially soon we will face the bitcoin halving, most likely we will see bitcoin print a new ATH, I am very excited about that.
I also heard rumors that in the middle of 2025 the price of bitcoin will exceed half a million dollars, looking at the surprises that continue to happen to bitcoin, I am optimistic about that, the bitcoin market is full of big surprises.

With the numbers Bitcoin have been doing in the running week, $60k is just meters to a touchdown. Don’t forget that’s close to the ATH. Well, I would expect a retracement at some point but, we just might get pass that and the ATH sooner than we would have anticipate as, most of us are all hanged on the halving to bring about this event which seems like a near occurrence already.

Half a million dollar you say! Now that’s what I call being too ambitious. Although Bitcoin as we know it today have been noted for doing just want we might not have imagined it to do but this one, am not sure we are ready for that and the attention it would create and half a million dollar would be some percentage double and double and double. Naaaah, am not sure we would get there in that time frame.

Prices dont move in straight lines, thats your biggest clue to immediate price direction.  We can spike to 60k but I wouldn't call it correct especially, it would be over extended at that point.    Due a correction and other similar language is merely reflecting normal price action which is a process of waves back and forth, buying and selling occurring in cycles is the true nature of most price movements.     A rapid change in price impliess prior pricing was especially incorrect and I know the ETF was approved but I dont think thats enough for continual price gains without some selling along the way.
   Before 60k is 58k a 78% retracement of the ATH, we can jump that hurdle or we can also trip up on it.   People go for round numbers but the 58k is the real point of significance most likely.   2021 start has alot of weekly closes in this area which implies volume and many other reasons there is resistance here.

Yes, it's possible.
Looking at the daily chart Bitcoin is rallying to $62k,for me I have already marked that zone,I will be expecting price retracement before any move,price move in corrections so we can expect that during halving.
But we shouldn't be overwhelmed with Bitcoin spiking or not,what we should be concerned about is having enough Bitcoin we are holding already.
We know the bull run has already started let's just watch it closely and hold enough so as to boost our portfolio.

With everything that goes positive in the market, there’s no doubt that we’re on its way surpassing the $60k expectation at the end of the month. This is not actually hard if the market performs positively at a consistent basis. However, even if price correction suddenly sets in, that won’t take any longer I think so we’ll still have higher chances to see $60k before this month ends.

This is how volatility could positively affect the market. At times it can be annoying for us, but most of the time it gets to achieve more than we expect it. And if the market stays this way, there’s high chances that we can witness a new all time high sooner than what’s we supposed to see it.

Based on market performance this week the market potential this month could reach 60k because market volatility support to reach ATH will be closer, previously I predicted ATH would be reached after the halving but after reviewing market performance this prediction will be achieved more quickly after a significant market recovery.

Halving is the main factor in the sharp increase in market prices in the current market pattern, the market has a high chance of reaching its highest price faster than our predictions, so I am optimistic about the prediction that 60k will be achieved this month.

The market is still unpredictable and you can't define what tomorrow will give birth to since the bitcoin and other cryptocurrency is highly volatile in price, news could hit the market causing it to start declining in price. But still the rate at which it's performing I am also having this positive mindset that $60k before the month of February runs out completely, just let us be optimistic about the market and keep doing DCA to increase our portfolio.

The way Bitcoin has been growing in the last week, we can assume that Bitcoin may rise to 60K price very soon. But many are considering it for a minor price correction that may take a little more time. It is not too difficult to get 60k from the current price as there are about 10 days left in this month. But the market trend is a big deal. We saw last week how the market quickly went from 47k to 52k and is currently at just over 51k. As per my personal prediction I can see bitcoin price hit 60k next month if not confirmed this month.

Actually we are not technically bitcoin experts. All the analysis we do is based on assumptions. But I can predict that Bitcoin may reach $60,000 by February. Currently, Bitcoin is down from $52,000 to $51,000. If it goes down from here, it will not be possible to reach $60,000 by February. However, even if the market is not bullish now, it will certainly be bullish in the next bull market. As our bull market is not far away. But I don't go with your assumption because Bitcoin may not reach half a million dollars by 2025 by the end of 2024. Many influential analysts here have predicted that Bitcoin could go from $100,000 to $160,000 by 2025. Here I agree with those influential analysts as Bitcoin can go as high as $160K in 2025.

As Bitcoin has crossed the support line of 50,000 and crossed $52,000, if it crosses the support line at 55,000 this month, it will have a high chance of reaching $60,000. Because yesterday Bitcoin almost reached $50,000 by dumping $50,000. So even if Bitcoin does not reach $60,000 this February, there is a possibility of crossing $55,000.

Don't get over excited about the price of Bitcoin because it has passed $50,000 the market could still have a correction instead of it continuing to rise. Bitcoin can stay at a particular price range for weeks heading to months therefore we could see Bitcoin going back and front between $50,000 range and the price won't get to $60,000. We can also see Bitcoin price rise to $60,000 before correcting. Many people think Bitcoin will correct very soon back to $40,000 and I see many possibilities of it happening because anything that makes Bitcoin to reach $60,000 will see the price crossing the last bull market highest price but something like that hasn't happend before the halving but only after the halving.

To be honest I was much more excited when I saw that the price of Bitcoin crossed 50000 dollars I thought maybe Bitcoin would touch sixty thousand dollars in this shock.However, Bitcoin has touched a high of $52,000 and fluctuated between $51,000 for a few days, so the price of Bitcoin is stable now. However, I still think that the price of Bitcoin will touch $60,000 until the moment before Bitcoin Halving is organized.

I think yes, it is possible, if the current leg of the bull market continues a while more without major corrections. The development in the last days suggests this is possible. I guess it's a combination of ETF inflows and a generally bullish sentiment which also leads to retail inflows.

The leg started on January 23, on a local low of 38500. The main movements were:

Jan 23-29: 38500 to 43000  (~11.5 % in 6 days)
Feb 6-14: 43000 to 52500 (~22 % in 8 days)

After these two impulse movements there were two sideways/slightly bearish phases in this leg until now: January 29 to February 5 (7 days) and the current "waiting phase" since Feb 14. We could expect this phase to stay a couple of days more (e.g. until February 21-22) and culminate in a fight for 50k or even a dip in the 47-48k region. But this would not bring the 60k plan into danger, as we still would have 7 days for the next move.

According to the Elliott Wave theory we could see a third wave in this short-term leg in late February to the first days of March. If this phase has the same force than the previous ones, we could expect anything between 58000 and 64000 before the next somewhat substantial correction.

Nothing is certain at the end of February bitcoin will go to $60K but anything can happen if there is a more tumultuous positive direction only I am a little skeptical it happens to say that bitcoin can surpass to $60K in the near future.

Now when it comes to 2025 there's still a chance, some say that's too high a number $500K I wouldn't overthink it because either way it's very implausible unless the 2028 halving is possible.

More realistic is to say $100K there may be more than this, I know the movement of bitcoin is unpredictable whatever it is we cannot reach it unless we can only speculate.

The biggest dilemma about Bitcoin is that we can't predict its future price. It has crossed 50k$ and right now standing at 51k$. We can't predict what lies ahead, 60k$ or back to 40k$. We can only make predictions about Bitcoin price which can go right or wrong.
Having said that I personally feel that with successful launch of Bitcoin ETF's and halving coming in April, Bitcoin price will surely cross 100k$. But I can't predict the exact date at which this will happen. Just have faith in Bitcoin and HODL.

It remain one week and some days before the end of this month and, the price of BTC has dump back to $51k, I don't think we will see $60k in this month but the price will surely pump higher above $60k before the half of this year which there is still time for the market price to pump more.

I can see, that many hodlers target in this season is $60k which am among of those that will sell their BTC when the price reach $60k and it will bring enough profits that will help someone to prepare again for another bear run to come.

Hard to guarantee. First of all we just have passed the idea of investing, if not at its lowest, it should be the one that will be increasing the chances. $60k is indeed close to the current market price however, unless such thing is shown by the market, we shouldn't be way comfortable of just taking an entry and just waiting for how things will really behave. And given that end of this month is getting closer, it would be hard thinking that a match between demand and volume could really and accurately take place in the market til the end of this month. Even with few days remaining, we cannot guarantee whether investors will be able to still pull things out. $60k is a close target but it will never be easily reached by the market. A correction with its value could still take place and make a change with investors' perception especially the new ones out there. I'd more expect its market price to reach its previous ATH after the halving wherein if we woud base from the past, that's the only time chances of price increase is most evident.

Anyone who could ever say we would not hit $50,000 at the time we did is not a good speculator, it was obvious. If it was late last year, then the argument could still be valid, and I am one of the people who believed that we would never hit $50,000 in the year. As we experienced it, even the $45,000 that was so close was never hit, it was only hit in 2024 as I predicted and that is the power of proper speculation. I do want to be like the trader who will be calling prices without having something reasonable to back it up, that's just guesswork, which is better likened to the people who are gambling.

That aside. I still believe that we will not hit $60,000 this month. Although nothing is impossible in trading, yet, the huge movement back from the low of about $38,500 might be getting set for a major retracement which will certainly not deprive Bitcoin of its bullish movement but will surely delay it.

For me, I only see the $60,000 being hit anywhere between March and July.

With the high volatility of bitcoin, everything is possible to happen. But let’s not close the idea that if bitcoin will be able to hit $60k by the end of the month, then bitcoin will also not be free if ever there is sudden price correction in the market. For sure, bitcoin price will be affected with that. So let’s be open to both sides.

With regards to bitcoin reaching $500k, for me that’s too far to happen. We’ll discuss it maybe once bitcoin has already crossed the price of $100k which I think will definitely be happening soon or early next year.

$60k before the end of the month doesn't seem like a bad idea, but I'm inclined to believe the $60k was before the halving (whether someone agrees or not). However we only make predictions based on market sentiment and this may or may not be right. As long as we are holders, we will only get returns and the most important thing is that the target is achieved.

$500k is too high to be true, but $100k seems reasonable to expect as the new ATH after the halving. If the price of bitcoin can break the $100k level, then further possibilities can be expected. Of course, everyone expects prices to be higher year after year especially in bullish periods, but only the prices make sense.

I guess that’s something that make us more exciting and challenging when it comes to bitcoin. However, if  there will be no negative news that will hit the market, I believe $60k will be easily reached within this month. But since the market is unpredictable, all we can do is to speculate and just patiently wait whatever the market has to offer.

For now, let’s not focus on the price but more on accumulating more bitcoin. The price may be always uncertain but it’s certain that if we own huge amount of bitcoin before bull run comes, that would mean massive profits on us.

We can only speculate but only whales and big players can determine where the market will go. I also speculate the price will reach $60,000 this month or next month it could reach the last ATH target ever achieved. Increasingly optimistic that Bitcoin can print a new ATH and make new history again. collecting more bitcoins, and buying at every price drop will make Bitcoins increase, but whether we have cash reserves or not. adjust it to the capital you have.

There's always a possibility for everything. That's how unpredictable Bitcoin is.
We might see its price going $60,000, but there might be a chance that we might see it below $45,000 again.

$60,000 by the end of the month? I don't think so, and before thinking about that price, I guess let's wait before Bitcoin surpasses the $55,000 price first. Right now, I don't see any reason why Bitcoin will reach that price at least for this month. One big news is what we need for Bitcoin to reach that price, but aside from that, what I expect is that Bitcoin will just go sideways around the $50,000 area. Well, you're not wrong because like, you're also just speculating.

Bitcoin reaching $500,000 by next year? Too optimistic I would say. I mean I know that everything is possible, but let's be realistic at least with our predictions, please? I don't think that it will happen. My realistic prediction towards the peak of price of Bitcoin is more or less $150,000 by 2025.

Though I don't know much about what causes the movement of Bitcoin price but from my findings I get to understand that the number of spot Bitcoin ETFs flows also determines the velocity of Bitcoin price so speculating the price of Bitcoin by month end to be around $60k is rather too close because the inflows may not really be that much so I suggest your speculations should be towards a longer time instead of a shorter interval.

If we look at the current price, then the current price is very close to $60k, which means, it is very possible for Bitcoin to reach $60k this month. After all, we only need a small push for bitcoin to reach that price, and it looks like the halving could be the trigger for that. After the halving, the price of bitcoin will probably rise much higher, so now is a buying opportunity, and if the buying impulse is huge by the end of this month, then I think it will be very possible to reach $60k.

Bitcoin is back to $52k after facing a downside yesterday but it is expected of Bitcoin going back to $51k today. I think Bitcoin is still struggling to make it happen, if eventually we cross the $55k price within this week then it is higher chances of touching $60k before the end of this month.

If we talk about the possibility, of course it still exists and in fact the possibility is very large considering the quite positive price movements that have occurred in the last few weeks and even the increase that has occurred is quite significant.
There are 2 weeks left to end this month and to reach the price of $60k is not far from the current price, looking at market movements I am quite optimistic that will happen.

At the moment,  52k seems to be the strongest resistant point at the moment and if you have been following the Bitcoin market movement,  you will already notice that many times,  Bitcoin tried to pass above the 52,000 dollars benchmark when it recorded $52600, it was a relief for many that speculate that we are going all way in for 60k but then the price slides back to almost 50k which it has happened many times since that last one week.

With that in mind,  we can only assume some facts which is if Bitcoin could reach 60k before the end of this month which seems to be the most bullish month for Bitcoin in recent times and if Bitcoin can achieve that price,  in this month it then means that we are going to be heading to a new all-time high before the halves cycle occurs which will be another great milestone for bitcoin in this season.

The current price range is not too far away at $60K, but we also need to see how Bitcoin passes the price of $53K to $55K because both of these are also the price levels that many people need to wait for this month before the halving period arrives this year. Currently Bitcoin still has a good push in the $50K to $52K range, but it hasn't reached $53K yet so that's something to wait for before hoping for a price of $60K this month as the timeframe is getting closer to March.

I actually hope that today Bitcoin can go to $53K rather than $51K, because an increase in price will be much more enjoyable than a decrease in price even if it's only for one day. Apart from that, I don't think that the price of $60K can be reached immediately this month even though Bitcoin could have a better push in the next few days, because price increases are always accompanied by price corrections within hours and days as has been seen clear in this month on the market.

Bitcoin market price is very difficult to predict, I expected bitcoin to cross 50k last month but it didn't but this month it crossed 50k exactly. However, the way Bitcoin price is going up, I think Bitcoin price may touch 60k by the end of this month or next month. But I don't expect Bitcoin price to be half a million after halving, I expect it to be between 100k-150k.

No one's guess about Bitcoin has been completely correct so far, maybe the price of Bitcoin has gone down or up a bit more than people have guessed.We cannot say exactly when the price of Bitcoin will go down or when it will go up, we can only guess.The way Bitcoin is now, it wouldn't be surprising if it touched $60,000 from here because we all saw Bitcoin go from 47,000 to 52,000 in a week. I am hoping that before bitcoin halving bitcoin may cross $70k this is just my prediction. ::)

But I'm not sure about the end of this month to $60K but I appreciate your point that $60K before the halving is still reasonable because there are two more months to the halving.
By making predictions on market sentiment it obviously makes sense how you see the movement, but I as a HODL don't care about $60K because for us it is still too low to give up bitcoin.

That's what we think now because $100K has not been reached then we will be increasingly difficult to reach the $500K mark, maybe someone else says this is excessive maybe YES or NO, but we don't have such high hopes because it doesn't make sense, even if the experts say $500K they have their own calculations.

I'm of the opinion that Bitcoin is heading up to 60k, but I'm not expecting it to all happen just in this month of February. We may have the price reach $55k because I'm considering the resistance levels ahead before we would make it up there, currently we are battling to break $52k I called out some time ago in this discussion board, So, I kind of think it will likely get extend to the month of March, but I'm not disputing the fact that it can't happen in the month of February, we have 10 days to go until the end of February, and it remaining $8k from this price of $52k -$60k

The potential to reach the price of $60k is very close, even if the market experiences an increase it will exceed the predicted price, I predict that the previous ATH will be achieved this month and I predict there is potential for the market to continue to turn green throughout this month but we also need to increase our vigilance to anticipate the impact of the issue negative can happen at any time, but any prediction cannot be guaranteed in the crypto market because the impact of new news can influence all factors for the potential for a significant increase or vice versa before the halving.

I think here Bitcoin will not be half a million dollars in 2025 after halving, maybe in 2025 Bitcoin can go from $100,000 to $170,000 in 2025. Those who think Bitcoin will be half a million dollars in 2025 I think is wrong maybe many influencers can make such prediction by their analysis but I don't believe the analysis of those influencers. However, I believe that by February, Bitcoin may stay within $60,000. Currently we see Bitcoin set up a strong candle between $50k and $52000. Maybe Bitcoin can reach 60k or above 60k from here.

Today is almost coming to an end and the market has become more recessive dropping below the $52k or going above hitting the $53k price.
For Bitcoin reaching the $60k price can be very much possible due to the little correction that has already happened from $53k down $51k now currently recessive at $52k. These shows that at any point in time the market might experience another bull run launching the $60k price

I think we have climbed $10k or more within 15 days on this current month so I think another $10k is also possible on the remaining days of this month. $10k alone or seeing the price rest at $50k is still a good achievement for BTC so yeah that to cool down for a while won't give us a guilt feeling and besides, halvings weren't still over, although ETF does and maybe there are people who expects more positive effect from it but there must be no time frame for its effect so we still can feel it even a couple of months had past already.

To over heat still sounds good because it could mean the market is now rising and correction is also normal after the people are done selling their coins. Halving will trigger FOMO may happen even before the event of halving.

The bear market is over, the halving is approaching and that means bull season is approaching. But that doesn't mean bitcoin will go up a few percent or $10k every week until we have a new ATH. Bitcoin will reach $60k and then make a new ATH, but there will be no specific time for bitcoin to do that, IMO. Furthermore, even during the bull season there will be corrections in bitcoin, so don't be too subjective and just think that bitcoin will just rise and rise without corrections.

I don't believe bitcoin can reach $60k before halving and even after halving there will be another dump instead of the new ATH coming sooner, IMO.

But to reach $60k we can break this month, but we have to reach resistance at $55k first for the nearest target and I see the market reaction is quite difficult to allow $60k this month, more likely we will experience sideway if we cannot break the $55k level first, or on the contrary we will correct at the $48k price level first, a more logical possibility to reach $60k is when the Halving is closer, it will trigger fomo people to get Halving bitcoin.

What is clear to me is that $60k will be reached in Q1, even if it reaches the $60k level then we will get the ATH of the previous cycle, because this cycle is quite crazy with the competition of institutions that continue to collect bitcoin.

It is possible that with the way Bitcoin price has risen in the past few weeks, expect Bitcoin to hit $60k by the end of this month. With quite a few days left in this month, Bitcoin's movement looks like it might reach $60k. But I don't think bitcoin will reach half a million dollars next year and based on the current year's market value. Personally I think Bitcoin is likely to be $90k to $125k in 2025 after the halving.

The rise may continue but couldn't expect it to consistently happen. We never forget the volatility of the market as it pump this week, better to expect that there are corrections to happen next. It is possible to reach $60k but too uncertain that it will fulfilled this month as we can't be sure that the current market momentum continue until the end of the month. I guess you are just too optimistic about the current situation that drives you from thinking too much. The price moves and it reaches new ATH and it is going to happen but we don't know when.

Halving is not over yet and has not even started already. So we never see any big reason that brings the price too high.

The expectation is too much buddy. It is possible but think of how much cash flow must be infused into the market to make that 60k this month. The cost of a bitcoin is now up from 41k to 52k and that is a 27 percent increase. If it comes to 60k, that is a 46 percent increase in just one month and that is extremely challenging particularly when the market value is in a trillion.

Half a million dollars by 2025 for a bitcoin is likewise another incredibly difficult objective. Anyhow, I do not believe that the majority of Bitcoin investors have these ideas.

Bitcoin crossing $60,000 seems natural to me. A review of the last few days of this month shows that the value of Bitcoin has increased very quickly. Currently Bitcoin has quite a bit of momentum. I've watched the Bitcoin graph occasionally, and I've seen the price of Bitcoin go from $43,000 to $52,000 in a very short period of time. Moreover, with the amount of popularity of Bitcoin, it can easily be said that Bitcoin will cross 60 thousand dollars within a few days. But there can be exceptions. What are your thoughts?

We have passed $52k, only another $8 to go in 8 days, its possible just based on
what way the market has reacted over the last 2 weeks or so. Will it happen though?
thats anyones guess.

There are some people calling that the ATH of $69k can be reached and passed
before the halving, but yea anything is possible in this current climate.

Its probably a bit too early to be talking about $100k eventhough I have seen
it being called in the next 2 to 3 months nevermind $60k,  but that will be the next
big resistance point!

at least the price is trying for it increasing movement but I don't think that bitcoin price will reach sixty thousand this month, so therefore whatever we see the price of Bitcoin this February will take it but I believe that the price will not reach sixty thousand because it increasing power is quite low in this February, but what you know is that between March and April the price will add more values because it's like they adoption of Bitcoin is getting more increase in the society than the previous years why the increment of Bitcoin is going up every time is because of the massive adoption and the investors are more sufficient in cryptocurrency can any other investment

$60k may be possible before April but certainly not at the end of this month, February. If you look at Bitcoin chart you will find that there are lots of gaps to the downside that need to be filled before we can say Bitcoin has stabilized to the upside, especially that $437000 gap. It has to be filled. There's another at $403000 but I don't think price will dip to that point.

Half a million is 500k. I don't think that will be possible this circle. It will be over ambition for anyone to think it's possible. We can begin to think of that range after the next halving event. That's two "halvings" after this one coming up in April.

If everyone is thinking it'll happen, it mightn't happen but instead Bitcoin will fall below $50,000. When there's an over expectation for a particular price it makes a lot of selling pressure from investors to be on that price. I don't think $60,000 is an important price for Bitcoin to reach, it's when Bitcoin crosses $70,000 that it have achieved a new highest price therefore that's the price that I'm paying attention to. For now it doesn't matter if Bitcoin reach $60,000 or it falls down below $50,000 but what's is important is that we'll be seeing a new highest price for Bitcoin very soon and it'll be after the halving is over. I'm expecting a correction after the halving then Bitcoin gather momentum and starts pumping to a new all time high and my expectations will be it'll be happening next year.

It doesn't prove anything. $500k is still a very distant price from where Bitcoin is right now. It hasn't even made it to $100k yet. I don't like to be over-expectant when it comes to Bitcoin price. If it gets to half a million by next year then good for us, but I still see that speculation as ridiculous. From what I know about Bitcoin such an increase in such a relatively short time will only correct itself soon after and that will make people lose a lot of money, faith, and trust in Bitcoin. Bitcoin at this point grows gradually. The highest I can predict for a new ATH is at around $200k and that should be at the peak of the bull run.


It's difficult for me to see Bitcoin price increase by $8k in 8 days as it stands. That's an average of 1k per day. I don't see that happening. I agree Bitcoin will hit 60k soon but I believe it will be on 50k -52k for a while before breaking off and getting to $60k.

Sorry but I will not just agree about the "SURE 60K" thing just because bitcoin broken 50k recently because February is now soon to end but still we are struggling to even make it to 55k .
lets not just have a false Hopes but yeah lets have a Positive views but must be ready to sideways guys.

We just had a small correction, from $52,000 to $51,000 and it could still continue to dip. But I think the sentiments of the market is still bullish and as we have a week before the end of this month, speculations are still open. But for me, might be difficult to see $60,000 at least for this month. We have exhausted already or at least the bulls for now and so we might see some sideways for the last week but above the $50,000 price range.

Most important thing is that the market is bullish as we are approaching the block halvening. And there are no more black swan events in the horizon. So everything looks perfect moving forward to the most important event and the catalyst for the bull run that we all have been waiting.

It remains to be seen how the market reacts in the short term, as Bitcoin has been in a huge uptrend and the price of Bitcoin is likely to hit $60k if the market's momentum continues. But after anything happens here in the short term, the longer term price prediction is a bigger uptrend. Bitcoin is expected to correct slightly after a big uptrend, but Bitcoin is still above $50k. The next few days will be important for Bitcoin's next short-term trend. Let's see how quickly we can see Bitcoin above $60k again.

I am noticing that the energy with which the price was moving up have been exhausted. This can be seen as price has failed to break $52k. As of today bitcoin is trading at the upper $50k with the potential of going lower. If this continue this way, I do not think price to reach $60k before the end of this month. It is appearing like price may not achieve a new all time high before the halving since we are seeing this level of unwillingness of price to continue the bull run. This could be another indication that there are key players in the market that controls the price. On a brighter side, this might be opportunity for people to buy more before the halving because beyond halving, no one know where the price will be reaching for.

Well the price of 60k does sound like a good number for us to have. But I do think we are going to stay close to the current price of 50k until later on in the year.

But we do not know if that will happen for us or it will not. I do think we are in a 'bull run' right now but for a 10k gains in just some days I do not think will happen for us.

We have hardly 5 days left now. Seeing the current status of Bitcoins, we might not cross 60k usd mark. But yes we will be definitely seeing the price getting closer there. Bitcoins really surprised us, when it crossed 50k usd in fraction of time during the starting few weeks of February. If this is maintained, then definitely we might see new ATH price for the coin. Bitcoins will definitely cross the 60k usd price mark in the March month.

I'm on the same page with you on this one. I also think Bitcoin will swing between 49 and 51k for quite some months or even until the end of the year.

I also think that halv price has already done an impact on Bitcoin price situation and those who are still waiting for a sudden rising in price , might end up waiting for nothing.  ;D

Anything is possible. I wont be surprised that bitcoin will hit 60k in a few days because i have been expecting it to reach that target for quite some time now.

Definitely, we do not know what will happen soon, but you can be certain of something that will happen. Like bitcoin, it is certain to reach 60k. The possibility of it happening is 90%. Don't forget, its just two months, and it's gone from 25k to 50k. In a few days or weeks, adding 10k is not a big thing for bitcoin. Before April, it will be 60k for sure, and there is no doubt about it.

Yes, it is not possible for us to know exactly what happens in the cryptocurrency market. Now Priced Than Bitcoin From here it won't be surprising if Bitcoin touches $60k within this month. We saw Bitcoin price rise from $46k to $51k in the space of a week. There are still 5 days left in this month, I think something like that will happen and the price of Bitcoin will touch $60k within this month.

Many of us are hopeful that Bitcoin will touch $60k in early March, not April. The rate at which the price of Bitcoin began to increase after the middle of February many thought that Bitcoin would touch $70k this time, but the price of Bitcoin reached $52k. Now the price of Bitcoin is almost stable at this price.

Personally, I don't think bitcoin will reach the 60000 mark by the end of February 2024. It will most likely be in a sideways trend for another 2-3 weeks, reducing the greed degree and unloading the RSI and overbought indicator. If there is a spurt to 60000 now, it may not be strong enough for bitcoin to establish ATH anytime soon.

There will always be doubts. I definitely have doubts that bitcoin will reach a price of $60k by the end of the month. After the recent explosive rise in price, bitcoin seems to be trying to catch its breath and doesn't have enough strength for a further continuous run.

You're not wrong. Bitcoin reached the $50k level and even reached the ~$52k mark. But the jump in price from ~$40k to $50k doesn't mean that further (in the near future) we will see $60k, $70k, $80k (in series), and so on. You should not expect growth to be linear and constant. No not like this. Cryptomarket always fluctuates and now the price of bitcoin hangs around $50k-52k.

Do you mean that at the peaks of this cycle we will see (per) bitcoin for $500k? Well, I don't tink so. Price increases are certainly inevitable, but not to such levels. Leave the expectation of such indicators for subsequent cycles. :) Levels of $100-150k are more realistic.

You are correct most place I was wrong and without knowing that bitcoin price doesn't move in series as per say, I couldn't even believe with my eyes that till date we haven't seen bitcoin crosses above 52k level. Even if I was told that by today bitcoin won't cross 53k I will have to doubt with my heart because of it's spontaneous growth initially and its catchy to people eyes which made lot of people invested without even studying the market properly.

Today bitcoin still struggles within 50k to 52k respectively without crossing that level, and from my understanding I can easily say that the selling pressure which is holding bitcoin within this price level, but whenever the buying force supersedes the selling pressure then we can say that bitcoin is bounce to pass this level it's currently.

Based on the recent market data and chart movement, we may rely much longer below the 55k and the price of Bitcoin will continue to be battle to sustain its present base level of 50k+ for a while before we may see any attempt to climb to $55k before the month end, but 60k is somehow unrealistic at this point considering the current market situations.


Nonetheless, we may see that price due to his unpredictable bitcoin can be in its pricing and market volatility movement so it's not as if, achieving that price 8s unrealistic but certainly we can foresee that right now due to alot of market forces and before we see any significant change in things, we may have to wait more longer before that will happen maybe after the bitcoin halving cycle when the block size may have been reduced and new all-time high at hand.

Bitcoin is still stagnant like indeed until the end of this month there will be no significant changes except in early March but we still can't be sure it will be the same as in early February, but usually when the halving is getting closer the price will slowly increase.

When it comes to talking about ATH we believe this will probably happen after the halving and that is 6-18 months ahead according to what we find in several other predictions about it, this is still quite reasonable to see that price in the future we will not be in a hurry to want that price because however bitcoin will still pass the previous ATH limit.

Definitely, dear friend, you said it right that currently the Bitcoin price seems like it will flood below 55k and will move sideways despite it being caused by Wales because, before Halving They will try to trap all of the lam holders in the term of liquidation. Besides that we can also see the chart data in which we can clearly see that there are high amounts of long trade open below 55k, so if Wales liquidates them, he will surely take the price to 53k or 55k, otherwise the bull player is not in a hurry to manipulate the market. 
 
Second, I believe that if the price movement remains the same, then it is showing movement exactly like the year 2016 in the annual time frame. Even in this, the price of Bitcion continued to rise before halving and when halving happened, suddenly the price started dropping and the price of Bitcoin. By falling until the end of the year and finally by bouncing back, he took a stance like his new ATH.
 
So it means, I hope that in the same way he will repaeate the cycle and raise the price before halving and take a step towards his bull run by dumping it. But it's speculation; that doesn't necessarily happen.

DYOR!

To be very realistic I don't care when it happens but I know bitcoin would  surely hit a new ATH this year, I don't want to appear as tho i know much about bitcoin, but all I think is that as long as we keep on holding and new investors keep popping In they is enough fuel for even 60k this week, just keep buying don't mind thsi early bull run, there is still a chance to get profits this year

That's right, we have to be confident that the market will rise this year even though we can analyze several bullish signals that have the potential to reach ATH this year. If you start investing at this market price, you have to be careful because the market can be corrected at any time because the market has reached its highest recovery after the previous bearish market, so make sure you are ready for the high risk if the market moves not according to your assumptions, but I suggest you You can buy at a lower price or you can apply the DCA investment strategy to reduce the risk of loss.

You have the right thinking as you won't be like many people who are scared any time Bitcoin price falls, Bitcoin can get to $60,000 anytime it wants to do that therefore we shouldn't be worried when that is going to happen. This year and next year is going to be a very bull times for Bitcoin because of Bitcoin halving and the rse in price that'll happen after the halving has ended. Bitcoin is going to get to a new highest price soon but it won't be happening this year if we're judging from history. Hit still things are looking different this time as Bitcoin is showing very bullish signs that it might reach a new all time high but lets not get out hopes too high because if we do and the ATH doesn't happen we mightn't take it well and get scared to start selling.

it's still difficult to break 60k dollars for this month.
bitcoin price movements are still in the 50k-52k price range only, if after halving the price of 60k it will be very easy to achieve but if this month it is still very difficult and may not touch the price of 60k dollars.

We are nearing the end of the month and bitcoin has not shown any signs of breaking the $55k resistance. I think $60k will be tough as market conditions have looked sideways in the last few days, but no one knows for sure what will happen next. There is some resistance to break before $60k, it is $33k, $35k and beyond.

I'm becoming unsure and will probably just come to terms with the fact that $60k failed this February. It doesn't matter, we still have many months to wait for higher price movements. Halving is getting closer and this will be a good support to expect something bigger.

I don't see $60k anytime soon due to how poor the market movement have been in past few weeks since after hitting $50k. It has been from $50-52k and it doesn't look like it will even get to $55k before the end of this month and I feel that this month has given us what it can, who knows by next month we might see a rapid raise of Bitcoin price but not in this February ending.

60k in a day!

or not.

We still have a few days left before the month ends, so for me, this $60,000 is still possible because as we all know, the monthly closing candle is also significant where we will see high volatility every start/end of the month.

Just incase we will ever not see $60,000 it's fine, as long as we maintain the good price action, we will get there.

We are 3 days to go mate and I think we will not get this targeted amount as its even harder for bitcoin now to cross 55k so maybe lets see what happens in April as the halving is expected to happen.
I'm afraid it will not !!  Sadly..

For me, the market is doing very well in the past weeks but it's not as bad as you think. Although bitcoin has not had a breakout in February, it remains in the 49k-52k area and with it bitcoin dominance is trending downward. That means it is giving way to altcoins and you can also see that after ETH crossed $3k many altcoins are doing well again. The market is still very stable for people to seek profits, but money flows continuously move into different ecosystems. So people with knowledge and experience will make a lot of profit during this time.

As for bitcoin, I think there will be no breakout this February, but before the halving, bitcoin will have some good growth and there will be a post-halving correction.

Difficult to achieve in the near future or within this month does not mean that it will forever be difficult for Bitcoin, because the durability of the price which is still in the range of $50K - $52K is a sign that Bitcoin could reach the $60K level before the halving occurs. Because this level is not a level that is too far away for Bitcoin if we still see the price of Bitcoin at $50K - $52K, so you don't need to hesitate about that because as long as market conditions don't experience more severe price corrections and bad news that can change market conditions To make matters worse, Bitcoin's $60K price hit could happen before April.

Honestly I never expected the market to be this slow in terms of movement but I'd say is not that ok to me in the sense that we have been on this same amount $50-52k for the last 2-3 weeks and with how it has being moving in the last 4-5 months,  to me is like it will never get past $52k till the end of this month unless February has never been a positive month in Bitcoin history or records.
I'd agree with you that many users are making profit with how the price of Bitcoin is at the moment and coupled with the fact that things are back to normal I feel business has come back to that productive state but it would be better if the price continue to hit forward till we get past $52k to $60k.

I see too many contradictions for a bitcoin investor. I remember when the price of bitcoin dropped, people always shouted that it was a good opportunity for us to accumulate bitcoin before it skyrocketed. But now, when bitcoin did not increase in price as people expected, they started to feel sad and disappointed. Why don't we think positively that the fact that bitcoin has not yet reached 60k USD is a good opportunity for us to continue to accumulate bitcoin? Because if we look in the long term, it is almost certain that bitcoin will exceed 60k$ and once it surpasses 60k$, the opportunity for us to buy cheap bitcoin will no longer exist.

There's nothing sad about bitcoin not reaching $60k this month or next. The sad thing you should think about is that you have too little bitcoin when it reaches 60k$ or not too much bitcoin when it reaches the new ATH. Focusing on accumulating will be better for us instead of sitting and looking at the price of bitcoin every day and hoping it will increase quickly.

It looks like the possibility is there, not saying that it will though. Bitcoin is a volatile and unpredictable market so it could very well go above 60k that is true but it could also fail to do that as well and we wouldn't really know about it, we are just making a guess here.

The best thing to do at this stage would be making sure that we are dealing with something that could benefit us as much as possible, that should be fine on the long run. I know that it is going to be not that easy, and we may end up with some trouble if we are not careful. Hopefully, people will end up with a good return eventually, the increases are required to keep the hype going so that people are keeping crypto world more popular which benefits us all.

What exactly do you mean by this? It's still too soon for the 4-year cycle pump, that should come after the halving. I believe Bitcoin is following is following the pattern quite well.
But if you mean unrealistic expectations of some people that Bitcoin would skyrocket to the moon on the day the SEC approves spot ETFs - those hopes were quite silly to begin with. ETFs will have a positive effect on the price (or at least in theory - they should) but a bit more time is required.
The current rally is said to be a result of very high demand and volume of the ETFs, so it could turn out to have a stronger effect than the upcoming halving.

---

Anyhow, we're less than 5% away from $60k so it's very possible we can hit that by the end of Feb.

2 more days before this month ends and from $52k now we're at $57k, $3k more to go for us to see $60k. I think within these two days, it's possible. But after all of these pumps, I think that there will be some reversal and correction that might come. Half a million dollars by 2025 is quite high but I'd like to have that and I'd no doubt going to sell when that happens. Taking profits is always the best thing that's ever happening to any holder. We don't get to hold forever and we have to enjoy these profits and diversify these profits into somewhere else and another investment that will give us another passive income.

you cannot trust the increment of Bitcoin like that because there is every tendency that the price of bitcoin can retrace and the fall back based on the demand and the supply so if the price changes or the market of Bitcoin changes no that it is based on the demand and that is why I said that anything can happen in cryptocurrency and if it happens to retrace that means the price of bitcoin will fall, so the investors control the market of bitcoin from my perspective.

No doubt it took a few thousand dollars to touch $60K but there is only one day left, but we must realize that bitcoin always has a big explosion in 1 day so it is still possible, but initially not so sure but after yesterday's surge will make many predictions bounce upwards.

If not the end of Feb then in early March bitcoin will be in the $60K range I believe that it is not even impossible if before the halving there will be ATH? This is just a theory that sometimes believes or not, but this time the cycle will be a little different where more goes into this sector than other sectors.

I think if you look from my speculation I am almost right because today bitcoin has already touched 57k plus and we still have about 3 days to entire swipe of this months away from 2024 and with the sudden surge within this period which is just yesterday and today really proves that bitcoin is certainly gonna touch $60k before this month runs out, if it didn't touched then for sure first week of next week within 1st to 7th of March we will have bitcoin touched $60k. I still understand that the market is volatile but a strong feeling that the ETF approval is really giving a strong wave to the bitcoin growth.

I don't think Bitcoin can surpass the 60,000$ mark by the end of February. There are only 2 days left, and 3000$ to rise up. That seems too much for Bitcoin, considering how much it has already grown recently. Moreover, keep in mind rounded levels like 40,000$, 50,000$, 60,000$ are always harder to cross, because they are well known resistance levels. Once Bitcoin price reaches close to these levels the tendency is that we see corrections or price stagnation.

About the possibility of Bitcoin going up to 200,000$ or even a half million dollars after the halving, I think these are unrealistic scenarios. There isn't enough room for Bitcoin to rise so much like that, considering it grows less intensively each new halving cycles. I guess we can consider us lucky enough if Bitcoin hits the 100,000$ barrier between 2024 and 2025...

My advice is to avoid being greedy on your goals in crypto market. If you expect too much from it, you end not cashing out profit in right time, so the bear market comes, crash prices and you end having to wait until the next bullish season to sell your coins again.

I always emphasize on this because I come to oppose anyone's prediction concerning cryptocurrency especially Bitcoin so when predicting the price of Bitcoin nobody is sure what is the price will a land on by the end of this month on February so the price can change at any point in time and it is obvious that when the price changes nobody will know because they cause is originated from the demand and the supply of cryptocurrency especially Bitcoin,.

February is 29 days this year, so we have 2 days left, not one, so plenty of time  ;D
The volume started to drop a little bit, but might pick up again tomorrow.


There's nothing wrong in having fun making predictions. I don't think anyone here really takes it too seriously and actually cares whether we indeed surpass $60k by the end of Feb, or if it will happen a bit later. People are just happy the price is finally going up after years of staying relatively low (compared to previous ATH).

Yesterday morning I would have said that the end of the month is coming too soon for bitcoin to hit $60k--and then having just woken up and checked the price, I can see that I'm once again blown away by what the market can do.  So at this point I'd say it's not only possible but probable (but that's assuming there's not a pullback by traders taking their profits off the table).

There's going to be a big dip at some point, and I'm hoping it's not a crash.  The other day I looked at bitcoin's price chart on CMC, and it's been rising more or less steadily since the bottom in November 2022--and not only rising, but rising fast.  It's the rate of the rise that concerns me and should concern anyone else who's been around bitcoin for any significant length of time, because although we might hit a new ATH, what happens after that might not be good.

Keeping fingers and toes crossed.

Every scenario is possible and what we need to do is always have a plan for both market scenarios.

There are also many people who are waiting for bitcoin to plummet so they can buy and hold until bitcoin reaches a new ATH. There are also many people who feel scared when they see bitcoin increasing so quickly and consider it a big trap and do not dare to participate in the market right now. But bitcoin is unpredictable, when people are still skeptical and uncertain, bitcoin will increase in price to everyone's surprise.

I think it will be interesting if we enter an uptrend and bitcoin continuously hits ATH from now on to the regret of many. I think that with the participation of traditional money flowing into the market through ETFs, it is possible that history will change and create new history.

I don't think, the price of Bitcoin will hit $60,000 yet in this month of February because it remain two days before the end of February, which it will be difficult for investors to feel such amount from the market but it will definitely happen next month for investors to experience above $60,000. It was a thing of joy, seen the price of Bitcoin increased to this stage that is making investors to achieve a passive income from their investment, because they never thought of such thing will happen in this month of February. You can see that the price of Bitcoin has increased again to hit $57,000 which is another sign that the massive bullish season investors are waiting for in the market, is about to happen.

The previous post I said the end of February is not necessarily going to $60K but that is not true but the OP's prediction has been accurate where before the end of this month bitcoin has exceeded $60K. :D

Current price : https://bitcoindata.science/api/localprice.php?coin=bitcoin&amount=1&currency=USD&hex=000000 (https://bitcoindata.science/bitcointalk-api.html#local-price)
I use Bitcoindata extension (Bitmover)

In the last 24 hours bitcoin jumped higher, this will be close to the previous ATH,,, So it will be so optimistic when looking at the initial movement of bitcoin so fast, but we do not doubt where the price of bitcoin to $100K in the near future, this is still possible friend, so will continue to maintain HODL Btc.

This post didn't age too well  :D but I don't think the author does mind.
We're already at almost $63k so the question should be updated to: is it possible we'll see a new ATH this month.
And even better question - what happens next? However high we'll go, the correction seems inevitable, and I've no idea how big the drop will be. But lets not worry about that now and enjoy it while it lasts.

Damn, while writing this post the price went up above $63k and is now > $63,400. Too fast too soon?

My, my.  What a difference a nap of a few hours makes.

I'm absolutely delighted that bitcoin is currently just over $60k as I've just discovered with my sleepy eyes.  On the other hand--and I keep saying this--the rise might be too fast to sustain, and we could be looking at a huge drop either before or after the halving.  I don't own enough bitcoin to be worried personally, but I'm always rooting for it anyway.  It's not just some doohickey with a number that goes up and down; it's a useful middle finger to the powers that be, if you know what I'm saying.  Viva la bitcoin!

Well, reaching the ATH of 69k is not too far from where we are right now. I guess a lot of people are being bullish with the market. Another time to contemplate on whether you need to accumulate more or not.

When the OP created this thread, BTC was about 50k only. If the OP followed his prediction and buy more satoshis, he's in profit now. But some are just speculating without doing nothing.

2 weeks after this article was written and at the end of the month everything became true :D .
Now we have a new price where $60k has happened and even before that it reached $61k. this is a very good situation because after all with this we can see the development of bitcoin in bullish this time is very good and I am quite happy with the movement that is happening now.

It is possible that soon we will see the new ATH touched after looking the current price and that is what is awaited even though it remain for the target in the previous few years where the price of $100k is still a little further away but with the current movement I think it will be an optimistic step that the price of $100k is still very much breakable in the not too distant future.Hopefully there are no obstacles to getting it because there could be some movements from those who have their own desires that make bitcoin plummet again.

When the price goes up by a few thousands in a space of a few hours - anything seems possible.
But after reaching the daily high of $63.7, Bitcoin noted a hard drop back to below $60k for a moment, but now it's holding around $61k, which I think is a good sign and we could see another pump tomorrow.
I think a lot depends on what kind of people/institutions have invested in all those ETFs and what are their strategy. If most of them are sitting with their fingers on the trigger looking for sell signal to realise their profits - we might be in trouble. But if most of them are here for a longer run, then we could see further gains.

This is less than 2 weeks i think is 12 to 13 days interval, so this is very impressive and I would want to give another possible break out within another 12 to 14 days again.. Let say from now till 14 March 2024 bitcoin will possibly crossed the price of 69k to $75k after which it may drops to back $50k to gain momentum to cross the price of 80k or will be within the price 80k till 30 days getting close to halving. Then after Halving we might witness a strong bear market, causing people that bought at 50k and 60k to quickly panic and sold of their bitcoin without properly monitoring the market. 

Surely I said no on this, I thought slow and steady and yet its burst through.   Someone is pointing out a logjam effect where mainstream money is trying to buy too little available BTC short term which makes the price possibly inaccurate.  Apparently this happened also with a Wheat ETF if anyone knows that story, too much attention and buys were put in making the price move more then justified.

Either way I will be looking for volume to justify this move not just price however its very tradable in any case, nice break through the Fibonnaci and it might even get past ATH at this pace.

SmartGold actually smart, not just a name bonafide genius  ;D ;D

Bitcoin is not a get rich quick tool, you cannot expect bitcoin to increase 10-30% every day. Do you see any asset growing faster than bitcoin? It's funny how many people always say that bitcoin is not a get rich quick tool but they quickly get disappointed when bitcoin doesn't increase in price for a few weeks or months. Moreover, we have held bitcoin throughout the 2 years of the bear season without a single complaint, why are we suddenly sad now just because bitcoin has not increased in the past month?

However, bitcoin is trading above $62k, I think you can be happy that what you expected happened.

This is what I want to say because in the early stages when the ETF was approved and bitcoin did not immediately increase in price as many people expected. They keep whining and being disappointed that the price of bitcoin didn't go up right after the ETFs were approved and it's really funny. Any catalyst takes time to impact bitcoin whether it is an ETF or halving but most people willfully refuse to understand that. Everyone wants bitcoin to grow quickly according to their wishes. I bet you that after the halving we will continue to see those complaints repeated, "why doesn't bitcoin increase in price immediately after the halving..."  :D :D

I agree with you, the current recovery and price increase is due to the impact of the ETF, not the impact of the halving, but many people will disagree with this because they think that the ETF is nothing. But if they follow the daily inflows into the market through bitcoin ETFs, they will understand why bitcoin prices are rising.

60k possible before end of this month?

Quite possible I would say.  ;)

New question: 75k before end of March?

Actually no one really did anticipate for the price to hit up 60k before this month of February ends and that was really unexpected but that was really a nice ride.
For those who had been able to make some long positions from 54k then for sure that was an easy profit for them. No one really had anticipated that we would even be able to almost reach up
that all time high of 69k but well we do know that price movement cant really be like that forever.There's always that correction which is already anticipated.
Now Bitcoins price is starting to move sideways again on which it would really be always best that you should really know on how to ride with the waves
if you are really that serious on trying out to make some gains or profits.

In a certain exchange, yesterday Bitcoin already reached $64k. I guessed it may cross $65k but it dropped to $60k. However, it is true that Bitcoin increased again, it raised to $63k and it survived around $61,5k now. I agree if it is a good sign, when Bitcoin won't drop significantly, it means there is a chance to retest again to $65k and may increase further. Now, I can believe we may have the ATH before halving.

It is already above $60k. It even already reached $64k.
Honestly, I doubt if we reaches $75k in the near future, it seems too early.
$75k is likely to be achieved during Bitcoin halving or after the halving.

He is joking for those that dont get it.  Of course but the ironic twist what if we lost 60k again before the end of the month, today.  Quite possible and it just threatened to do as much just now, I was watching it but theres a reaction to both 2 day average and quite possibly the big round number that 60k is itself.   Plenty people will buy from large round numbers, its just a confluence of buyers that helps reinforce that area but I only take it as temporary not structured enough to be more then a trader move.


https://www.talkimg.com/images/2024/02/29/fnV69.png


Its a good bounce back now to 62k near abouts, Iam still doubting it from lack of volume to the move.   I think we do resolve downwards but perhaps not before close of todays bar at midnight.    BTC will waver back and forth but my target is 58k for real reaction, proper volume to resolve the fight up or down from here.    Half the skill is to identify the most magnetized area, the point of most significance around which we gravitate and I think I call 58k as being the place for now.  Above 58k we stay bullish and fight upwards and below we must establish a good area of support after these gains, so consolidation.

Great to see that your first prediction has played out pretty well and at that you have the high-spirited to make further predictions along the line and now the attention has shifted to aim at a 70k to because Bitcoin is rallying somewhere around that price, hasn't tried several time to make the $64k - 70k which is a price that Bitcoin has really attempted to touch severally.


But then also, the possibility of making the next all-time high before the next Bitcoin block rewards reduction which is already few days around the corner and making that possible attempt may not be out of proportion anyway, but there is strong resistance before that can be actually achieved.

The price of Bitcoin had already reached it before we ended the month of February, it was such an impressive movement of Bitcoin. We are looking forward to keeping the momentum this March but can't assure it will be fast and easy, or it will move in sideways.

$75k is not impossible but I think it was not the time for a new ATH. Well, the situation is very interesting after surpassing $60k, we are even more grateful and optimistic but as I've said, we can't be fully confident that it will go straight high, we still expect some corrections and price drop. We better make it prepare and avoid FOMO.

Just like I said there will be a strong resistance to hold between 60k to 70k if this crossed then for sure we are going to see 80k though can be within the halving or after the halving. The best thing to always do is to take profits since the Market is inconsistent, one can make huge profits except for those who are HODLer they can hold for long term and body wants to missed the bull trend.
Please what note that whatever I post here is not a financial advice and is solely on speculation and if market goes according to what I predicted doesn't make me a guru rather playing around with the market, so you choose what you want from the market if you must invest and hold, I am not responsible for any lost.

Hopefully that's the case because looking at the current conditions, the momentum of bitcoin is still very good and I am quite happy with this regardless of what will happen in the future, I will just enjoy it comfortably because after all it is a thing worth waiting for in the hope that bitcoin will continue to grow to a point where we do not expect it.

Right now with the progress of the increase that is quite good and with the encouraged halving that will occur in the near future, it is hoped that bitcoin will continue to accelerate and pass the new ATH and it does not even rule out the possibility of speculation that occurred in the previous few years where bitcoin was at $100k in the end becoming a reality especially for now that is a possible target to be obtained and that is the hope for everyone who is in bitcoin to date.

$75k may seem easy to achieve for bitcoin within this month but that will only happen if the market allows bitcoin to create a consistent price increase. Note that this market might suddenly shift from one position to another most especially if there are negative factors that affect the market, so if that happens, we will witness a sudden price decline instead. And reaching $75k might be hard for bitcoin to reach that certain level.

Bitcoin is so much volatile that it cannot guarantee a consistent price surging. However, bitcoin price will eventually recover from any price correction in the market, so we should not be worrying about this.

I guess we are in March now and a little closer to the halving, bitcoin has already reached 60k and a little closer to giving us a new ATH, I am speculating an ATH of 84k bitcoin price this month or higher, the demand of bitcoin is on the rise and the ETF is buying about 10% of every current supply making the demand go up even higher,ost person's are taking their bitcoin off exchanges and into custodian wallets, scarcity has hit the market and a lot of new investors are already in.

I wanted to make a new thread for this new month speculation but I decided to use this one, everyone give your speculation for the month of march for bitcoin.

bitcoin has the opportunity to reach a very high price of $75k before the halving due to the high support of market demand and positive news that will soon come, my target is that bitcoin can reach $80k before the halving for the highest price position and I do not predict negative factors for the market even though it is possible after the whale already cut profits before the market correction, but I remain optimistic that the market can break the high of $80k before the halving