Is $84k the Peak for Bitcoin？

[OrangeII]

however, it is still a prediction, but the potential increase in the current price of bitcoin could occur at any time. Until now, bitcoin is still stable in the $60k range. I think, in the next few weeks, maybe the price of bitcoin can reach a higher price. However, I think once the price passes $80k, then a bull market could arrive, and the price could push higher.

[Hallroom]

however, it is still a prediction, but the potential increase in the current price of bitcoin could occur at any time. Until now, bitcoin is still stable in the $60k range. I think, in the next few weeks, maybe the price of bitcoin can reach a higher price. However, I think once the price passes $80k, then a bull market could arrive, and the price could push higher.

The price of Bitcoin will definitely increase, because you will notice that after each halving, the price of Bitcoin will increase. But there is a break in the middle period that we are in now, so wait for a while and Bitcoin price will definitely move towards a bull market. Because every level Bitcoin price will increase, it is most likely to start in late 2024.

[Lamkuthang]

however, it is still a prediction, but the potential increase in the current price of bitcoin could occur at any time. Until now, bitcoin is still stable in the $60k range. I think, in the next few weeks, maybe the price of bitcoin can reach a higher price. However, I think once the price passes $80k, then a bull market could arrive, and the price could push higher.

For potential wear, I never doubt when we talk that what we are investing in is BTC. Now let's compare it with current market conditions. The price is still rotating at $67,740 and this is still in an accumulation condition and there could be additional declines.

What is needed now is that BTC has to get out of its resistance area and quickly make a price reversal and hopefully the support price doesn't break.

[Betwrong]

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You’re right. I believe bitcoin is highly capable to reach higher than $84k so let’s aim more than that. Bitcoin creates unpredictable surprises and it could hit 2x or 3x from its previous ATH, regardless how volatile the market is. Now, if we’re talking about bitcoin peak price 6 weeks from now, I guess I would go for $100k, but it could totally achieve $200k once breaking news hit positively the market.  

Yes, we saw that several times, didn't we? So, $200k is not something unimaginable this time. Can it happen this year? I'm not sure about that, but I expect something like this next year.

[South Park]

however, it is still a prediction, but the potential increase in the current price of bitcoin could occur at any time. Until now, bitcoin is still stable in the $60k range. I think, in the next few weeks, maybe the price of bitcoin can reach a higher price. However, I think once the price passes $80k, then a bull market could arrive, and the price could push higher.

One of the thing with most assets, including bitcoin, is that we may know a price increase is almost a certainty, but we do not know when it may happen, bitcoin getting to the 84k level is expected during this bull run and I am sure it will soon be left behind once the demand for bitcoin increases, but just as this could happen during the next 6 weeks as the OP predicts, it could happen in a year from now, a realization that made me think long time ago that trading is not really for me and becoming an investor was the way to go.

[STT]

Very positive end to the week and for the weekly bar, so we might be seeing some positive action build from this close above resistance.   What happens next is important to build on these gains, just getting here can be a margin of error that is corrected in the next days or week until we end up negative and in decline.

If we were to continue this rough trajectory in future I'd estimate October for a 84k price.  What I imagine actually happening is far greater gains after we lose the ATH area and push past it, many more speculators and other buyers may join in at that time.   The rate of gains tends not to be a constant, we gain alot then lapse in that trend and possibly even lose some pricing.

I've heard at least one commentator whose day traded for decades call out BTC as rising here so I'm very interested to view their reasoning for that call.

[tygeade]

I believe bitcoin is highly capable to reach higher than $84k so let’s aim more than that. Bitcoin creates unpredictable surprises and it could hit 2x or 3x from its previous ATH, regardless how volatile the market is. Now, if we’re talking about bitcoin peak price 6 weeks from now, I guess I would go for $100k, but it could totally achieve $200k once breaking news hit positively the market.  

Yes, we saw that several times, didn't we? So, $200k is not something unimaginable this time. Can it happen this year? I'm not sure about that, but I expect something like this next year.

I do not think that it would happen this year, that would be a little too much but I can see how people can see 200k in the future. I think next year makes perfect sense, not saying that it will happen but 200k in 2025 sounds totally possible to me, looks like something that would benefit everyone.

I feel like the best thing to do right now would be just realizing that we are going to end up with a good return, so it shouldn't really be something that will take that much time, I believe that we are going to end up with something that is not going to be all that crazy at all, we should probably consider how to get richer and more profitable with time, and for that to happen in that sense, we should probably consider how to get bitcoin to be hyped first.

[Falconer]

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I do not think that it would happen this year, that would be a little too much but I can see how people can see 200k in the future. I think next year makes perfect sense, not saying that it will happen but 200k in 2025 sounds totally possible to me, looks like something that would benefit everyone.

I feel like the best thing to do right now would be just realizing that we are going to end up with a good return, so it shouldn't really be something that will take that much time, I believe that we are going to end up with something that is not going to be all that crazy at all, we should probably consider how to get richer and more profitable with time, and for that to happen in that sense, we should probably consider how to get bitcoin to be hyped first.

Surprises can happen at any time, even if they happen sooner than expected. Who would have thought that a new ATH could actually be achieved before the halving, but it became a reality before the halving last April. In my opinion, for future prices, it could be 2x the previous ATH or maybe higher in 2024 if there is a drastic increase in demand.

No one knows the future, of course, but an increase can be expected when demand is so great.  $100k have been a realistic target to hope for this year, but there is no certainty about it. Don't get your hopes up that the price will be that high without huge demand, this should avoid a lot of disappointment.