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Author Topic: When Bitcoin is going cross $60k?  (Read 456 times)
bitgov (OP)
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February 17, 2021, 10:43:43 AM
Merited by philipma1957 (1)
 #1


Only a week, from February 10-17, we waited for Bitcoin's price to jump from $40k to over $50k.

How long will we wait for Bitcoin's price to reach the new ATH above $60k?

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February 17, 2021, 11:36:51 AM
 #2

Thankfully I was right at controlling my panic attack.
Now it's at 51k and is still going up.

I don't really want to get my hopes too high because it's too damn scary.
When you are holding at this moment which came from just 6-8k for a long time, the burden is getting heavier.
No one can tell if it can hit that price and there are chances it may fall again.
So I don't have an answer when $60k will be.
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February 17, 2021, 11:47:26 AM
 #3

Are we going to keep talking the same thing over and over again?
Btc hits $40k, then post like " when will Bitcoin reach $50k?" Occurs. Now, Btc hits $50k, then here comes another post.

Nobody can predict when will Bitcoin hit $60k, $70k, $80k and so on..
You could actually post your analysis on your next prediction and ask the other users for their prediction as well to make this topic worthy to be discussed, rather than flatly asking "when will Bitcoin hit $60k?".
Simple answer to that is, I don't know. Lol

R


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February 17, 2021, 12:20:50 PM
 #4

Thankfully I was right at controlling my panic attack.

Good for you!  Cool

Are we going to keep talking the same thing over and over again?
Btc hits $40k, then post like " when will Bitcoin reach $50k?" Occurs. Now, Btc hits $50k, then here comes another post.

Nobody can predict when will Bitcoin hit $60k, $70k, $80k and so on..
You could actually post your analysis on your next prediction and ask the other users for their prediction as well to make this topic worthy to be discussed, rather than flatly asking "when will Bitcoin hit $60k?".
Simple answer to that is, I don't know. Lol

The fact that another question arises about the new ATH is because the previous level has been reached.
This is a speculation section of the forum, and that is why this thread was created.

It's hard to answer a question asked in topic - that's why I ask it.

Personally, I think it will take longer than range $40k to $50k (7 days) to reach $60k, because we need new big news, and I don't think it will be coming up in next days.
However, I think $60k will be achievable in 3-4 weeks.

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February 17, 2021, 12:45:06 PM
 #5


Only a week, from February 10-17, we waited for Bitcoin's price to jump from $40k to over $50k.

How long will we wait for Bitcoin's price to reach the new ATH above $60k?

Smart man.

The answer is soon bro real soon.

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February 17, 2021, 12:45:47 PM
 #6

No doubt since bullrun never stop this ath become eye opener those those people who doubting bitcoin ever since pandemic hit us many of people are looking for alternative income and bitcoin and other coins is the way as in you can set your goal into it to be stable of profit but no one can predict the price when its going down or up even professional can't predict but when you can see the graph your self then you know what you sre going to do since it was your money and folloe your own guts.
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February 17, 2021, 01:32:19 PM
 #7


Only a week, from February 10-17, we waited for Bitcoin's price to jump from $40k to over $50k.

How long will we wait for Bitcoin's price to reach the new ATH above $60k?

Smart man.

The answer is soon bro real soon.

 Grin
I know, nobody has a crystal ball. However, there is a difference between this moment and what was a week ago.
A week ago, the price of Bitcoin was still pumped by information about Elon Musk's investment. Right now my question is whether Elon Musk's investment is still pumping up the price and $60k will be really soon, or the price will stabilize and we will have to wait for the next news that will pump the price and allowing it to reach $60k?

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February 17, 2021, 03:09:05 PM
 #8

Maybe after a week or two or could be by March? we don't know. What scares me if the last year's the same trend could happen by the same month.

But as many have said, it's no longer the same pattern and expecting a good move for bitcoin by March. Yeah, I agree, we'll see it soon.

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February 17, 2021, 04:16:32 PM
 #9


Only a week, from February 10-17, we waited for Bitcoin's price to jump from $40k to over $50k.

How long will we wait for Bitcoin's price to reach the new ATH above $60k?

BTC first reached a price of $40 000 on January 7, 2021 - so if we want to be precise it took 41 days to reach $50 000.

 

I don't know where you get the data from, but what you wrote doesn't make any sense...

As for $60k, it would be good if someone could call Apple or Amazon and ask them when they will publicly announce that they have invested in BTC - then the price will reach $60k Wink

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February 17, 2021, 04:20:33 PM
 #10

It is likely that it will still happen in the near future, because as we already know even to break the $50k it doesn't go through any major corrections first and all the bulls are fast. I'm just wondering how high the value will be and not about when the hit of about $60k, $70k or maybe $100k will be hit, because if the trend is like this then it's very likely that prices will continue to rise. Whether a trend like this means that the price will continue to rise without a big decline or maybe it will be stable, the future does not know and be prepared.

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February 17, 2021, 04:47:02 PM
 #11

Historically, we rarely get more than 6 month of highs, so don't expect to see a dollar soon.
We may reach 60K by April or May as a maximum, but I would not be surprised if we settled for a longer time.
If what happened in 2017 were to repeat, we would witness torpor for some time and then crazy spikes.

Healthy growth requires a constant increase, slow correction like this, not crazy speculation.

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February 17, 2021, 04:59:48 PM
Merited by hugeblack (10)
 #12

Historically, we rarely get more than 6 month of highs, so don't expect to see a dollar soon.
We may reach 60K by April or May as a maximum, but I would not be surprised if we settled for a longer time.
If what happened in 2017 were to repeat, we would witness torpor for some time and then crazy spikes.

Healthy growth requires a constant increase, slow correction like this, not crazy speculation.

But if gold is going to be bigly mined on asteroids it will devalue like mad.

gold is 11 trillion
btc is 1 trillion.

maybe in ten years

gold is 5 trillion
btc is 10 trillion

maybe people in the know see the writing on the wall for gold as king of wealth storage
Thus the real reason for btc growth is transfer of gold to btc.

If so BTC has a huge upside.

This is not a bull run. Like any other one for btc.

WE never had every day of the year beat any and all ATH for any other time in BTC other than 2009.

Look at this below

Quote
https://bitcointalk.org/index.php?topic=138109.msg56368498#msg56368498

 BitStamp USD/BTC           CoinFloor GBP/BTC           Kraken EUR/BTC              Kraken CAD/BTC             CoinCheck JPY/BTC
 ------------------------    -----------------------    -----------------------    -----------------------    --------------------------
   1  2021-02-16  48,997  |   1  2021-02-14  35,325  |   1  2021-02-16  40,445  |   1  2021-02-14  62,046  |   1  2021-02-16  5,162,652
   2  2021-02-14  48,746  |   2  2021-02-16  35,036  |   2  2021-02-14  40,324  |   2  2021-02-16  61,955  |   2  2021-02-14  5,102,687
   3  2021-02-12  47,548  |   3  2021-02-12  34,454  |   3  2021-02-15  39,350  |   3  2021-02-12  60,686  |   3  2021-02-15  5,007,391
   4  2021-02-15  47,515  |   4  2021-02-15  34,390  |   4  2021-02-12  39,318  |   4  2021-02-15  60,532  |   4  2021-02-12  4,993,437
   5  2021-02-13  47,122  |   5  2021-02-13  34,184  |   5  2021-02-13  39,068  |   5  2021-02-13  60,301  |   5  2021-02-13  4,974,107
   6  2021-02-11  46,872  |   6  2021-02-11  34,035  |   6  2021-02-11  38,664  |   6  2021-02-11  59,824  |   6  2021-02-09  4,889,502
   7  2021-02-09  46,705  |   7  2021-02-09  33,771  |   7  2021-02-09  38,627  |   7  2021-02-09  59,095  |   7  2021-02-11  4,879,658
   8  2021-02-10  45,554  |   8  2021-02-10  32,882  |   8  2021-02-10  37,629  |   8  2021-02-10  57,583  |   8  2021-02-10  4,789,692
   9  2021-02-08  43,069  |   9  2021-02-08  31,367  |   9  2021-02-08  35,596  |   9  2021-02-08  54,955  |   9  2021-02-08  4,442,800
  10  2021-01-09  40,348  |  10  2021-01-09  29,772  |  10  2021-02-06  33,057  |  10  2021-01-09  50,984  |  10  2021-01-09  4,189,918
  11  2021-01-08  39,991  |  11  2021-01-08  29,727  |  11  2021-01-09  32,844  |  11  2021-02-06  50,653  |  11  2021-02-06  4,171,680
  12  2021-02-06  39,835  |  12  2021-02-06  29,056  |  12  2021-01-08  32,672  |  12  2021-01-08  49,929  |  12  2021-01-08  4,123,916
  13  2021-01-14  38,606  |  13  2021-01-14  28,497  |  13  2021-02-07  32,094  |  13  2021-01-14  49,229  |  13  2021-02-07  4,075,827
  14  2021-02-07  38,571  |  14  2021-01-07  28,351  |  14  2021-01-14  31,840  |  14  2021-02-07  49,117  |  14  2021-01-10  4,071,622
  15  2021-01-10  38,553  |  15  2021-01-10  28,256  |  15  2021-02-05  31,422  |  15  2021-01-10  48,796  |  15  2021-01-14  4,003,206
  16  2021-01-07  38,299  |  16  2021-02-07  28,094  |  16  2021-02-04  31,274  |  16  2021-02-05  48,160  |  16  2021-02-05  3,972,736
  17  2021-02-05  37,729  |  17  2021-02-05  27,589  |  17  2021-01-07  30,967  |  17  2021-02-04  47,914  |  17  2021-02-04  3,943,049
  18  2021-02-04  37,458  |  18  2021-02-04  27,472  |  18  2021-01-10  30,814  |  18  2021-02-03  46,962  |  18  2021-01-07  3,940,384
  19  2021-01-19  36,921  |  19  2021-01-19  27,115  |  19  2021-01-16  30,544  |  19  2021-01-16  46,912  |  19  2021-01-15  3,854,972
  20  2021-01-15  36,803  |  20  2021-01-16  27,040  |  20  2021-01-19  30,490  |  20  2021-01-15  46,845  |  20  2021-01-19  3,835,782
  21  2021-01-16  36,797  |  21  2021-02-03  26,885  |  21  2021-01-15  30,451  |  21  2021-01-07  46,824  |  21  2021-01-16  3,827,147
  22  2021-02-03  36,640  |  22  2021-01-18  26,816  |  22  2021-02-03  30,404  |  22  2021-01-19  46,766  |  22  2021-02-03  3,816,459
  23  2021-01-18  36,132  |  23  2021-01-15  26,799  |  23  2021-01-18  29,906  |  23  2021-01-18  46,224  |  23  2021-01-18  3,751,618
  24  2021-01-29  35,574  |  24  2021-01-17  26,104  |  24  2021-01-17  29,308  |  24  2021-01-17  45,623  |  24  2021-01-29  3,710,865
  25  2021-01-17  35,389  |  25  2021-01-29  26,094  |  25  2021-01-29  29,288  |  25  2021-01-29  45,428  |  25  2021-01-17  3,677,563
  26  2021-01-06  34,979  |  26  2021-01-13  25,864  |  26  2021-02-02  29,013  |  26  2021-01-13  45,194  |  26  2021-01-20  3,638,207
  27  2021-01-20  34,861  |  27  2021-01-06  25,727  |  27  2021-01-13  28,893  |  27  2021-02-02  44,658  |  27  2021-02-02  3,618,369
  28  2021-02-02  34,861  |  28  2021-01-20  25,549  |  28  2021-01-20  28,855  |  28  2021-01-12  44,340  |  28  2021-01-12  3,610,230
  29  2021-01-12  34,778  |  29  2021-02-02  25,518  |  29  2021-01-12  28,588  |  29  2021-01-20  44,278  |  29  2021-01-13  3,589,117
  30  2021-01-13  34,751  |  30  2021-01-12  25,078  |  30  2021-01-06  28,416  |  30  2021-01-30  43,629  |  30  2021-01-06  3,587,351
  31  2021-01-30  33,988  |  31  2021-01-30  24,738  |  31  2021-01-30  28,051  |  31  2021-02-01  43,109  |  31  2021-01-30  3,551,718
  32  2021-02-01  33,790  |  32  2021-01-03  24,548  |  32  2021-02-01  27,962  |  32  2021-01-31  42,705  |  32  2021-01-11  3,521,604
  33  2021-01-11  33,575  |  33  2021-01-25  24,363  |  33  2021-01-25  27,603  |  33  2021-01-25  42,333  |  33  2021-02-01  3,511,602
  34  2021-01-25  33,485  |  34  2021-01-11  24,327  |  34  2021-01-11  27,453  |  34  2021-01-11  42,223  |  34  2021-01-31  3,493,845
  35  2021-01-03  33,463  |  35  2021-02-01  24,286  |  35  2021-01-31  27,403  |  35  2021-01-06  41,789  |  35  2021-01-25  3,468,615
  36  2021-01-31  33,299  |  36  2021-01-31  24,222  |  36  2021-01-21  26,678  |  36  2021-01-28  41,173  |  36  2021-01-03  3,457,542
  37  2021-01-05  32,341  |  37  2021-01-05  23,716  |  37  2021-01-23  26,582  |  37  2021-01-23  41,137  |  37  2021-01-21  3,363,063
  38  2021-01-23  32,331  |  38  2021-01-28  23,447  |  38  2021-01-03  26,548  |  38  2021-01-26  40,734  |  38  2021-01-23  3,359,913
  39  2021-01-21  32,321  |  39  2021-01-21  23,380  |  39  2021-01-05  26,417  |  39  2021-01-24  40,553  |  39  2021-01-24  3,355,909
  40  2021-01-24  32,091  |  40  2021-01-26  23,362  |  40  2021-01-28  26,354  |  40  2021-01-21  40,384  |  40  2021-01-28  3,325,020
  41  2021-01-26  31,995  |  41  2021-01-23  23,349  |  41  2021-01-24  26,340  |  41  2021-01-05  39,706  |  41  2021-01-26  3,313,775
  42  2021-01-28  31,973  |  42  2021-01-24  23,319  |  42  2021-01-26  26,272  |  42  2021-01-27  39,583  |  42  2021-01-05  3,288,363
  43  2021-01-22  31,363  |  43  2021-01-22  22,953  |  43  2021-01-22  25,923  |  43  2021-01-22  39,391  |  43  2021-01-22  3,240,591
  44  2021-01-02  31,348  |  44  2021-01-02  22,890  |  44  2021-01-27  25,391  |  44  2021-01-03  39,297  |  44  2021-01-04  3,211,787
  45  2021-01-04  31,099  |  45  2021-01-04  22,545  |  45  2021-01-02  25,248  |  45  2021-01-04  38,339  |  45  2021-01-27  3,211,295
  46  2021-01-27  30,809  |  46  2021-01-27  22,351  |  46  2021-01-04  24,961  |  46  2021-01-02  38,298  |  46  2021-01-02  3,190,696
  47  2021-01-01  29,279  |  47  2021-01-01  21,429  |  47  2021-01-01  23,880  |  47  2021-01-01  36,510  |  47  2021-01-01  2,997,708

...


all top 47 days are in this year and no other year for all 5 currencies .

That is an historical set of numbers.

 I only know that you simply can't compare this to any year ever.

Which so far is really really good.

It may be we go beyond 150k and then fall back.  Why not?

150k is 3 x what we are but we are around 1 trillion value.

gold is about  11 trillion value.

Maybe we end the year with:

 btc market cap at 3.5 trillion
 gold market cap at 8.5 trillion

Gold is not scarce

 https://theprint.in/opinion/giant-asteroid-has-gold-worth-700-quintillion-but-it-wont-make-us-richer/260482/



So how about the people in the know realize that gold will be easily mined and drop in value a shit ton.  Good old BTC is right there to capture that value.

To think
 that today  all the  gold is worth 11 trillion
and that  all the btc is worth 1 trillion

is going to change quite a bit

In ten years maybe btc is 10 trillion and gold drops to 5 trillion. why the fuck not.

if so BTC will be 500,000 a coin

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February 17, 2021, 05:02:26 PM
 #13


Only a week, from February 10-17, we waited for Bitcoin's price to jump from $40k to over $50k.

How long will we wait for Bitcoin's price to reach the new ATH above $60k?

BTC first reached a price of $40 000 on January 7, 2021 - so if we want to be precise it took 41 days to reach $50 000.

 

I don't know where you get the data from, but what you wrote doesn't make any sense...

As for $60k, it would be good if someone could call Apple or Amazon and ask them when they will publicly announce that they have invested in BTC - then the price will reach $60k Wink

Indeed, you are right. I should consider reaching $40k earlier.
However, as I wrote later, what I mean is whether the mood for a rapid rise to $60k will stay or will we have to wait for new "big news"?
It would be cool to have inside info from Apple or Amazon, but unfortunately we can only speculate about it. Cool Smiley

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hugeblack
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February 17, 2021, 06:05:28 PM
 #14

You have a logical view of this matter, no one can predict what will happen, but we are witnessing an exceptional year in all areas.
the recent stimulus packages and low interest rates may accelerate the access to 10 trillion market capacity.

Generally speaking, I respect you because you are the only person who had a good view of Dogecoin before the current hype.

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February 17, 2021, 06:15:15 PM
 #15

Bet it'll hit $60k during first half of March.
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February 17, 2021, 06:52:53 PM
 #16

Are we going to keep talking the same thing over and over again?
Btc hits $40k, then post like " when will Bitcoin reach $50k?" Occurs. Now, Btc hits $50k, then here comes another post.

Nobody can predict when will Bitcoin hit $60k, $70k, $80k and so on..
You could actually post your analysis on your next prediction and ask the other users for their prediction as well to make this topic worthy to be discussed, rather than flatly asking "when will Bitcoin hit $60k?".
Simple answer to that is, I don't know. Lol

Hey man, have you realized we are in the Speculation Section?

Of course we are going to keep talking about that again, so if you don't like these posts, don't read them. You can put the whole section on ignore.

This being said, I agree with you that nobody can predict the price but I like these sections because we can guess, and people give their opinions. Posting complicated analysis with charts doesn't make the prediction much more reliable.

Smart man.

The answer is soon bro real soon.

Hi philipma1957. I hope you are right, otherwise I am going to call you a jinx, lol.

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February 17, 2021, 08:39:24 PM
 #17


Only a week, from February 10-17, we waited for Bitcoin's price to jump from $40k to over $50k.

How long will we wait for Bitcoin's price to reach the new ATH above $60k?
it won't wait long to go to $ 60k, fomo to $ 50k has already been reached, and it's time for $ 60k to be reached soon, because if the Bitcoin price can't hold above $ 50k then the mid-term bearishness will get stronger, then the price should stick around above $ 50k if you want the bullish cycle to last long, im sure price btc will above $60k soon. HODLgang!

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February 17, 2021, 09:07:58 PM
 #18


Only a week, from February 10-17, we waited for Bitcoin's price to jump from $40k to over $50k.

How long will we wait for Bitcoin's price to reach the new ATH above $60k?
Whenever I cashout little of my bitcoin there'll be rise in the price of bitcoin. Myself sold bitcoin for fiat at the price of $51254, and by the time itself my mind said there'll be growth further. Same as that the price has crossed $52000 and stabilizing. The marketcap gradually grows high, and soon it'll mark its $2 trillion marketcap if the growth continues in the same pattern through the year.
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February 17, 2021, 09:27:41 PM
 #19


Only a week, from February 10-17, we waited for Bitcoin's price to jump from $40k to over $50k.

How long will we wait for Bitcoin's price to reach the new ATH above $60k?
Whenever I cashout little of my bitcoin there'll be rise in the price of bitcoin. Myself sold bitcoin for fiat at the price of $51254, and by the time itself my mind said there'll be growth further. Same as that the price has crossed $52000 and stabilizing. The marketcap gradually grows high, and soon it'll mark its $2 trillion marketcap if the growth continues in the same pattern through the year.

we are already in good bitcoin season mate, and very different from the 2014-2017 cycle, there was no mass adoption back then, but now many companies are buying bitcoin to store their value, of course this makes Bitcoin price stronger, because companies try to provide strong support at certain prices, yes like Tesla did!

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February 18, 2021, 10:24:56 AM
 #20

Indeed, you are right. I should consider reaching $40k earlier.
However, as I wrote later, what I mean is whether the mood for a rapid rise to $60k will stay or will we have to wait for new "big news"?
It would be cool to have inside info from Apple or Amazon, but unfortunately we can only speculate about it. Cool Smiley

The good news is constantly appearing, but not as big as Tesla - yet it seems that this is enough for the price to rise slowly and is currently stable above $50k. It seems that Apple and Amazon have already been taken for granted, and now we can only wait for the official announcement which, if it happens, can almost instantly launch a price of over $60k. However, what I would actually like to see is for the rest of the world's companies to get involved - or everything will remain on the US bulls...



But if gold is going to be bigly mined on asteroids it will devalue like mad.

gold is 11 trillion
btc is 1 trillion.

maybe in ten years

gold is 5 trillion
btc is 10 trillion

Gold and other metals are very likely to be mined on asteroids, but not in the near future - certainly not in the next 10 years. But this does not mean that BTC does not have an impact on gold even now, because a certain outflow of funds from the gold market to BTC has already been recorded.

Can we actually extract this space gold? That is the quintillion-dollar question, certainly. 

Speaking to Outerplaces, Professor John Zarnecki, president of the Royal Astronomical Society, estimates that it would take around 25 years to get ‘proof of concept’, and 50 years to start commercial production.

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