When Bitcoin is going cross $60k?

[davis196]

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?

My prediction about a bull trap and a Bitcoin price drop didn't happen,so everything is possible.
The current news about more big institutional investors getting into BTC are creating a new FOMO phase.
The last FOMO phase ended in the beginning of January,when the Biticoin price got a small correction from 35K back to 31K USD.The new FOMO phase might pump the price to 60K pretty fast,if there aren't any legit FUD news about Bitcoin coming soon.

[buwaytress]

So are you going to be opening a new thread now for every $10k mark up til $100k? Just saying, after $100k, you probably should consider one thread with a milestone for every 100k notch en route to 1 million;)

Still. One week jumps feels incredible, a little scary too. Logic dictates bull trap alert, but crypto logic isn't always easy to underline, now is it?

[goaldigger]

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?

There's a big resistance on the price of $53k, so I think this is not an easy up trend anymore since many will start to take profit and we might see the correction to start as well. I'm not bearish on this market since then, but the up trend must stop at the specific price and for me if we can't break the price of $55k, then correction is about to happen. Its hard to tell when but that is for sure to happen soon, stay alert on to see that signal.

[menoiazei]

I think 60 loading and will come soom
real Question now is when it will hit the 100k

[DeathAngel]

I think we’ll probably have a leg down before we see $60,000. It’s only my opinion but maybe we see $40,000 fkr a few weeks before we pump to $75,000 or something like this.

[ElmedoRator]

I think it will be at that price soon, when I look back at the bulls and corrections of bitcoin I see it has a large fluctuation of $10000, as you can see when it reaches $40000 it wants to return to the zone. support is at $30000 and now it is above the $50000 mark, so I just have to wait and see it reach even higher prices soon.

[Sled]

From $40k, $50k, and aiming for $60k. What next, reaching $100k? We don't know yet when, but it really achieves someday.  

But, I don't put it in my mind because for now, I was hoping for the market to slow down again and let early seller, weak hands to reinvest again before it will gain back to another ATH. I know there are a lot of people waiting for this dumping scenario but I saw that the market seems not to give any chance.

[michellee]

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?

If the situation is almost the same as before, we only need to wait for a week to see the price will jump to $60k. But I guess that is not like that the scenario because we can not predict how the bitcoin price will move later. We can only hope and be ready for that, especially if you have a target price of $60k. But I am sure that we have much time to see that, and bitcoin has time to increase to that price. But I guess after what we see now, maybe we will see another correction for the price before the new ATH can reach.

[lovesmayfamilis]

If we see news or a new tweet that now not only Elon Musk has decided to buy bitcoin, but Jeff Bezos seems to have become interested and decided to buy bitcoins for himself, I think that this will be enough for a growth of 60 thousand. The information background and the actions of large investors strongly influence the growth in recent years. If Facebook and Apple still decide to invest their funds, the rally will continue and is unlikely to stop at 60,000.

[BrewMaster]

you have to keep in mind that $10k rise is not always the same size of rise even though the value seems equal. for example from 0 to $10k was also a $10k rise, so was from $10k to $20k but the first one is million percent rise and the second is only 100% and what we had last weeks where price went from $40k to $50k was just a 25% rise. similarly to go to $60k it will be a 20% rise.

what i'm trying to say is that the higher we go the easier it would become to surpass these targets because each time it becomes  a much smaller rise.
you can compare these rises with massive markets such as stocks that are worth hundreds of thousands of dollars and they go up 5% which is something like $20k in one day!

[aysg76]

I think the price will drop around 48k-49k range again then will jump towards 60k. Sell pressure is high at this time.
The possibility of 60k is around mid-march or march end.

[Raflesia]

If we see news or a new tweet that now not only Elon Musk has decided to buy bitcoin, but Jeff Bezos seems to have become interested and decided to buy bitcoins for himself, I think that this will be enough for a growth of 60 thousand. The information background and the actions of large investors strongly influence the growth in recent years. If Facebook and Apple still decide to invest their funds, the rally will continue and is unlikely to stop at 60,000.

This is really shocking news if it is true that Jeff Bezos will also follow in Elon Musk's footsteps. I think their tweets can amplify the price even higher and many people have more confidence in real bitcoin investing.
The rally will not stop if big people are interested in this. For me the rally will not stop if there is news about other big companies investing their funds into bitcoin. Can this happen with 100k pieces after many companies glanced at it?

I thought this might happen.

[bitzizzix]

If we see news or a new tweet that now not only Elon Musk has decided to buy bitcoin, but Jeff Bezos seems to have become interested and decided to buy bitcoins for himself, I think that this will be enough for a growth of 60 thousand. The information background and the actions of large investors strongly influence the growth in recent years. If Facebook and Apple still decide to invest their funds, the rally will continue and is unlikely to stop at 60,000.

This is really shocking news if it is true that Jeff Bezos will also follow in Elon Musk's footsteps. I think their tweets can amplify the price even higher and many people have more confidence in real bitcoin investing.
The rally will not stop if big people are interested in this. For me the rally will not stop if there is news about other big companies investing their funds into bitcoin. Can this happen with 100k pieces after many companies glanced at it?

I thought this might happen.

Yes, the bitcoin ecosystem is also contributing to the increase in digital assets, such as payment service company Paypal which late last year launched a crypto buy and sell feature and accept crypto transactions and now Elon Musk through Tesla made a purchase of Bitcoin worth $ 1.5 billion recently.
and much more good news like Jeff Bezos planning the same thing and attracting more mainstream investors' attention which makes bitcoin price go up, and to hit 60K, I am very optimistic it will happen in the near future even more.

[JahriMeayer]

As far i remember, when bitcoin record new milestone on $41k ath, then 2days later it dump to $33k within over night! So there is no Gurantee about the next step of bitcoin.it could hit the $60k milestone tomorrow after your wake up or it could dump to $40k!! But bitcoin bull run is still continue, so we can except positive journey about bitcoin i mean the way to $60k could be happen soon, i assume within this February

[Ridwan Fauzi]

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?

No one who will know it, even you are an expert to trade. Bitcoin is not based technical analyst only, indeed we have a strategy fibbonaci zone that can predict when its price can increase and fall.

But, we have another factor and can be said as anothee strategy, yeah fundamental analyst. You can't predict that there are some countries who will accept bitcoin, right? Or as an easy example, you won't ever know that Elon Musk will make a tweet, right?

So, there so many factors that can affect bitcoin price movement and we don't know exactly where the price will go. We just make a history as a banchmark whilst we have the future and that also can change bitcoin price movement.

[Inspiron14]

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?

I predict that this month Bitcoin is above $ 60k and bitcoin dominance has risen above 65% and causes altcoins to decline, and that's when we will buy altcoins, yes this bullrun is still not finished, we will see how the altcoin price goes parabolic and reaches new ATH again , in simple terms this is a good year for hold.

[BChydro]

Still. One week jumps feels incredible, a little scary too. Logic dictates bull trap alert, but crypto logic isn't always easy to underline, now is it?

It is scary to invest at these valuation and i will wait and watch on where it is going as i am holding the coins and was booking my profit all this while and now i am holding for the next few months to see how long the rally continues and is planning to book my profit by selling everything i hold. The bull run this year is quite amazing and i wish i never sold the coins during the last rally but still i will never get these profits anywhere else and hence i am happy with my decisions  .

[TravelMug]

Also bear in might that as we crosses a major milestone of $50k, somewhat the exponential growth will slow down. Unless there is bigger or similar news like the Tesla investment, it might take some time and all the trend leading to $60k might be invalidated again.

So hard to say, $55k will be another big barrier to break, so we will see, still base on the simply economic principle of supply and demand. But wouldn't be surprise to see some pullback along the way, just saying.

[Silberman]

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?

There is no way to be sure, the market is once again showing signs that it has overextended itself and that maybe it is overbought, which means that from now on it is going to be significantly more difficult for the price to keep going up, but we know that the market of cryptocurrencies doesn't necessarily makes a lot of sense, if there is a news that impacts positively the market you can be sure that many people are going to buy bitcoin out of FOMO and the price may skyrocket as a result of this.

[rhomelmabini]

The psychological level of $50k was met and even above that and I think we breach the euphoric stage and it's possible the distribution has began and I wouldn't be surprised if some whales would take profit then markdown would be that imminent. I'm not that bearish and I don't want to bet against the trend but everything is possible.