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Author Topic: If Bitcoin will hit $60,000 today, what's next?  (Read 791 times)
bandungan
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April 07, 2021, 03:21:46 PM
 #101

price increases will still occur even if bitcoin reaches a price of $ 60. I am still confident in this potential, because what I know is that bitcoin price is still experiencing a significant increase and continues to run only occasionally experiencing corrections
South Park
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April 08, 2021, 07:51:58 PM
 #102

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

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Lanatsa
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April 08, 2021, 08:56:13 PM
 #103

price increases will still occur even if bitcoin reaches a price of $ 60. I am still confident in this potential, because what I know is that bitcoin price is still experiencing a significant increase and continues to run only occasionally experiencing corrections
The 60k resistance is proving to be formidable, I do not know if we are going to see something similar to what we saw during the time bitcoin was close to the 10k level and it seemed as if we will never leave it behind but if that is true then this means that we could get full months of what we are seeing now, the bulls trying to challenge that level only for the bears to fight back in a struggle which will take forever, however I am convinced that just as what happened back then the bulls will eventually win this.
Winning bulls over bears isn't guaranteed and its true that we are really struggling on with this 60k resistance which had been tested out for how many times but
eventually gets rejected and make out some correction after we hit that ceiling.

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

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

R


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South Park
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April 12, 2021, 03:45:20 PM
 #104

price increases will still occur even if bitcoin reaches a price of $ 60. I am still confident in this potential, because what I know is that bitcoin price is still experiencing a significant increase and continues to run only occasionally experiencing corrections
The 60k resistance is proving to be formidable, I do not know if we are going to see something similar to what we saw during the time bitcoin was close to the 10k level and it seemed as if we will never leave it behind but if that is true then this means that we could get full months of what we are seeing now, the bulls trying to challenge that level only for the bears to fight back in a struggle which will take forever, however I am convinced that just as what happened back then the bulls will eventually win this.
Winning bulls over bears isn't guaranteed and its true that we are really struggling on with this 60k resistance which had been tested out for how many times but
eventually gets rejected and make out some correction after we hit that ceiling.

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

Thing here is that we shouldn't really hurry up on things because it will just frustrate us and becomes impatient which might affect your investment decisions.
We know that there is no guarantee at all that this is going to happen but when I see all the indicators this is the most likely outcome that I can see which is why that is my prediction but we know the circumstances of the market change all the time so it is possible that the bears are able to withhold their position long enough for the bulls to become tired of the situation and some of them begin to switch places making the price to go down.

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