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Author Topic: Is Bitcoin bounce back to 60k in this year?  (Read 1186 times)
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April 25, 2022, 05:07:18 PM
 #181

Indeed, after experiencing a price increase to the level of $47k a few weeks ago, bitcoin slightly decreased in price to the level of $ 38k. But in the last few days, the price of bitcoin has risen again where bitcoin is currently trading at a price range of $40k-$41k. Therefore I am optimistic that the current price increase has the potential to reach the target price of $60k.
The decline won't be as bad as it used to be, I think the correction is now less but bitcoin can go back up, but if you look at this short-term momentum, buy during a correction and sell when it goes up a bit I think it's quite good compared to having to wait for $60k it's still too far off for us.
But I think the price can still hold and the resistance is $37k-38k we have to see that support if we want to move in the short term.

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April 25, 2022, 08:05:21 PM
 #182

Indeed, after experiencing a price increase to the level of $47k a few weeks ago, bitcoin slightly decreased in price to the level of $ 38k. But in the last few days, the price of bitcoin has risen again where bitcoin is currently trading at a price range of $40k-$41k. Therefore I am optimistic that the current price increase has the potential to reach the target price of $60k.
The decline won't be as bad as it used to be, I think the correction is now less but bitcoin can go back up, but if you look at this short-term momentum, buy during a correction and sell when it goes up a bit I think it's quite good compared to having to wait for $60k it's still too far off for us.
But I think the price can still hold and the resistance is $37k-38k we have to see that support if we want to move in the short term.
The price of bitcoin is moving within specific range. It can go above $60k with ease. For sure the price will undergo market correction. This corrective price movement is quite common, but the market is in good condition. The market have got good support. Until yesterday there is no big news, and today new information have come. If the price of bitcoin closes down to $38600 the midrange support will be $35400. Right now the market is very slow in either side,( Growth )

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April 25, 2022, 11:55:19 PM
 #183

Indeed, after experiencing a price increase to the level of $47k a few weeks ago, bitcoin slightly decreased in price to the level of $ 38k. But in the last few days, the price of bitcoin has risen again where bitcoin is currently trading at a price range of $40k-$41k. Therefore I am optimistic that the current price increase has the potential to reach the target price of $60k.
The decline won't be as bad as it used to be, I think the correction is now less but bitcoin can go back up, but if you look at this short-term momentum, buy during a correction and sell when it goes up a bit I think it's quite good compared to having to wait for $60k it's still too far off for us.
But I think the price can still hold and the resistance is $37k-38k we have to see that support if we want to move in the short term.
The price of bitcoin is moving within specific range. It can go above $60k with ease. For sure the price will undergo market correction. This corrective price movement is quite common, but the market is in good condition. The market have got good support. Until yesterday there is no big news, and today new information have come. If the price of bitcoin closes down to $38600 the midrange support will be $35400. Right now the market is very slow in either side,( Growth )

It seems that Bitcoin's support price is strong enough that even if it goes down it's never far from the price of $40k, this is because Bitcoin has
begun to be trusted by many large institutions. I hope Bitcoin can get back above $45k in the near future, because if that happens it can make
Bitcoin hype again. Hopefully next month the price of Bitcoin can reach the price of $50k first, because Bitcoin has tried several times this year
to go up to $50k, but unfortunately it always fails. In fact, if Bitcoin manages to reach a price of $50k, it's easier to get back to $60k.
Especially if there is good news in the near future, I am optimistic that this year Bitcoin will at least be able to return to the price of $60k.
So don't give up believing in the future of Bitcoin. Just keep holding Bitcoin that we have until the target we want is achieved.

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April 26, 2022, 05:05:16 AM
 #184

Indeed, after experiencing a price increase to the level of $47k a few weeks ago, bitcoin slightly decreased in price to the level of $ 38k. But in the last few days, the price of bitcoin has risen again where bitcoin is currently trading at a price range of $40k-$41k. Therefore I am optimistic that the current price increase has the potential to reach the target price of $60k.
The decline won't be as bad as it used to be, I think the correction is now less but bitcoin can go back up, but if you look at this short-term momentum, buy during a correction and sell when it goes up a bit I think it's quite good compared to having to wait for $60k it's still too far off for us.
But I think the price can still hold and the resistance is $37k-38k we have to see that support if we want to move in the short term.
The price of bitcoin is moving within specific range. It can go above $60k with ease. For sure the price will undergo market correction. This corrective price movement is quite common, but the market is in good condition. The market have got good support. Until yesterday there is no big news, and today new information have come. If the price of bitcoin closes down to $38600 the midrange support will be $35400. Right now the market is very slow in either side,( Growth )

The growth might be difficult though this year as we might be in for a long bear market cycle. So I'm not sure if $60k can be achievable in this market conditions. We barely have volumes reaching $40k and it seems this will be our support for now.

The second quarter is going to be crucial, and might not look good, at least this is how I see it. But again, we have learned our lessons from the last bear market, this is the perfect time to accumulate and save BTC. And then have the mental toughness to wait for the next bull cycle.

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April 28, 2022, 04:06:54 AM
 #185

I am always optimistic that the price of Bitcoin will continue to shine and in my opinion the price of $ 60 will be easy to achieve again, even I'm sure there is a new ATH at the $ 85K level, and the best thing we have to do is immediately buy and be patient for hold.


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Pejoh Asu
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May 01, 2022, 07:08:31 AM
 #186

In 2018 or 4 years ago when the beginning of the year the price of Bitcoin was around $ 17k but in June the price below $ 6000 made me think that Bitcoin had no hope so that it made me sell all the bitcoin in the wallet, but after seeing the price skyrocketing up to more than $ 60k months April 2021 made me regret and now will focus and make Bitcoin for long -term investment.


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Mamun74
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May 01, 2022, 03:33:31 PM
 #187

In 2018 or 4 years ago when the beginning of the year the price of Bitcoin was around $ 17k but in June the price below $ 6000 made me think that Bitcoin had no hope so that it made me sell all the bitcoin in the wallet, but after seeing the price skyrocketing up to more than $ 60k months April 2021 made me regret and now will focus and make Bitcoin for long -term investment.


Bitchy price early dropped in 2022. Bitcoin price is staying around $40k in last 4-5 month.People still believe in bitcoin investment because bitcoin is most popular and most valuable coin in crypto market. I still believe bitcoin price  movement correction. I hope bitcoin price will be more rise Again this year.I hope bitcoin price will hit $60k+ again this year.
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