If Bitcoin will hit $60,000 today, what's next?

[SquallLeonhart]

I think that is the whole purpose, we know there are twitter accounts that are watching for big deposits of coins to exchanges and when there is one people panic thinking a whale is going to sell and for the most part I think that is the whale playing with the market waiting for the dump and then buy the coins of those weak hands for a cheap price, and quite honestly I think the current decrease in the price we experimented a few days ago happened precisely because of this.

That's why I don't like to follow those twitter accounts that monitor huge transactions.

It's like they are they creating panic if someone sees that a large chunk of bitcoin moves from exchange A to Wallet B. Of course the people behind might not have this purpose in mind in the beginning. But there could be people who uses to create FUD around the crypto for whatever reasons.

But yeah, in any case, we've seen that the price has rebounded already, no more bleeding in the market, bitcoin and other major altcoins started to post positive and green numbers. So what next? Still the obvious target $60k-$70k this month.

I do agree that those accounts that create panic about whales selling or even withdrawing account is a big problem in the crypto world. If someone withdraws 50 million dollars worth of bitcoin from binance that doesn't mean anything, if they put in 50 million dollars worth of bitcoin that doesn't mean anything neither.

Numbers could change, places could change, but people with money doing something is never really the deal and never really mattered. Sure when they end up selling or buying that matters but just because it moved doesn't mean that they will do something with it, that is why I think it is quite obvious that nobody should be focused on that too much. I do my own thing and I do not care about what others do, you can be Eon musk or tesla buying 1.5 billion dollars worth of bitcoin again or selling your purchased ones and I will still not care.

[South Park]

I think that is the whole purpose, we know there are twitter accounts that are watching for big deposits of coins to exchanges and when there is one people panic thinking a whale is going to sell and for the most part I think that is the whale playing with the market waiting for the dump and then buy the coins of those weak hands for a cheap price, and quite honestly I think the current decrease in the price we experimented a few days ago happened precisely because of this.

That's why I don't like to follow those twitter accounts that monitor huge transactions.

It's like they are they creating panic if someone sees that a large chunk of bitcoin moves from exchange A to Wallet B. Of course the people behind might not have this purpose in mind in the beginning. But there could be people who uses to create FUD around the crypto for whatever reasons.

But yeah, in any case, we've seen that the price has rebounded already, no more bleeding in the market, bitcoin and other major altcoins started to post positive and green numbers. So what next? Still the obvious target $60k-$70k this month.

One thing that I found out is that despite being on the market for so long I am still learning, there was a time in which I followed those accounts to keep myself informed about what was happening, but as I said if I can do that then whales can do that as well and take advantage of it, they can just move their coins from one exchange to the other and everyone panics, the price goes down and then they get access to cheap coins while the rest of the market gets worried about a possible crash.

[kotajikikox]

I have a feeling that bitcoin will break $60k anytime soon, bitcoin has a huge pump with 59850 24 hours high in Binance.
https://www.binance.com/en/trade/BTC_USDT

What can we expect after bitcoin will hit $60K, is it gonna continue or will drop?

The Nex is Yet to come mate , after reaching 60,000 the price drops a little to 55,000 but thats the lowest so far.

So asking about what's next maybe 75,000? who knows right?

But what i do believe is that Bitcoin will surely go more higher this year of 2021 as the pandemic teaches people more things than just buying and selling.

[michellee]

I have a feeling that bitcoin will break $60k anytime soon, bitcoin has a huge pump with 59850 24 hours high in Binance.
https://www.binance.com/en/trade/BTC_USDT

What can we expect after bitcoin will hit $60K, is it gonna continue or will drop?

The Nex is Yet to come mate , after reaching 60,000 the price drops a little to 55,000 but thats the lowest so far.

So asking about what's next maybe 75,000? who knows right?

But what i do believe is that Bitcoin will surely go more higher this year of 2021 as the pandemic teaches people more things than just buying and selling.

I hope that $55,000 will be the lowest price and will not go down for the other lowest price, but we can not be sure if that price will not go down. Yes, $75,000 will be the next target, but before reach that price, maybe we need to wait for bitcoin to reach $60,000 first and then increase and break the barrier to go to $75,000. This year brings new hope for bitcoin to break every highest price ever, and that can give us a bigger profit which we can not imagine before.

[leea-1334]

Nexo boss just said today that 100k is inevitable,,, but it will be a bumpy road. I generally do not like to listen to all these big guys talk about Bitcoin price but I actually believe this already. We will be at 100k one day. Maybe not this year maybe not even next year but we will surely arrive at the way Bitcoin keeps rising.

It will not be fun all of the way but keep hodling;)

[LUCKMCFLY]

At this time if it reaches $ 60k it is very likely that it will go up to $63k.


Source: tensorcharts.com

I rely on tensorcharts.com showing the actual orders and where the main buyers and / or sellers are, the levels shown by this platform appear in negotiations at $63k as I show in the arrow.

The analysis I show it in 1D, but for me it is enough to realize how its trend can be in the short term, this to be able to react, when it is analyzed in the short term the orders are seen much more but they are very unstable, they can be removed or to agree with the traders or investors of the market.

The price has remained between  $55k and $57k, a liquidity zone or liquidity pool may be forming that can resist any bearish attack, when the new ATH occurred the price then fell to almost $43k, it is because there was a good liquidity pool, some call it resistance what I see as an area of opportunity.

[jostorres]

Nexo boss just said today that 100k is inevitable,,, but it will be a bumpy road. I generally do not like to listen to all these big guys talk about Bitcoin price but I actually believe this already. We will be at 100k one day. Maybe not this year maybe not even next year but we will surely arrive at the way Bitcoin keeps rising.

It will not be fun all of the way but keep hodling;)

I think it has been a very difficult during this period as well, people think we come here easily because we have increased a lot and made a lot of money but in the past 3 months we have faced 3 different corrections that really put a big dent into crypto.

I think first one with a fall from 24k levels to 18k levels wasn't that big but still was a place where everyone assumed we are going under 10k again, and next stop was when 41k price reached 28k and everyone assumed that was the drop, and lastly we dropped from 58k price to 43k price which was just insane and I do not think there were any people left who wasn't scared even just a bit even though we still kept holding. Long story short it was hard to get here, and next we will go to 100k and that will end up with a bumpy again, it will drop a lot along the way and god knows how many times, but we will get there.

[michellee]

This day is not good to trade for me because I saw bitcoin price drops to $54,800 level and that is down for more than $2k. I guess this moment makes many traders confuse to determine where bitcoin price will moves in the next hours. I am out from the market, left my balance for a while and if I can see the price moves to the high price, I think I will be back to the market again.

[peterpanda]

This day is not good to trade for me because I saw bitcoin price drops to $54,800 level and that is down for more than $2k. I guess this moment makes many traders confuse to determine where bitcoin price will moves in the next hours. I am out from the market, left my balance for a while and if I can see the price moves to the high price, I think I will be back to the market again.

I think price will down more in recent time. But there is a chance to hit 100k at the end of this year. The price of bitcoin will rise and down, it is the general rules of bitcoin. We should wait for big pump at the end of this year.

[carlfebz2]

This day is not good to trade for me because I saw bitcoin price drops to $54,800 level and that is down for more than $2k. I guess this moment makes many traders confuse to determine where bitcoin price will moves in the next hours. I am out from the market, left my balance for a while and if I can see the price moves to the high price, I think I will be back to the market again.

I think price will down more in recent time. But there is a chance to hit 100k at the end of this year. The price of bitcoin will rise and down, it is the general rules of bitcoin. We should wait for big pump at the end of this year.

People do love on seeing breaking that 60k resistance which we havent able to break out it yet but somewhat we do able to reach but it didnt really last long.

Its expected that once it would hit up 60k usd then people would normally be aiming again for 70k and so on.This had been a typical behavior of most people.

When we do talk about whats next then it would be a limitless kind of question since price could go into those big numbers.

[Maslate]

Nexo boss just said today that 100k is inevitable,,, but it will be a bumpy road. I generally do not like to listen to all these big guys talk about Bitcoin price but I actually believe this already. We will be at 100k one day. Maybe not this year maybe not even next year but we will surely arrive at the way Bitcoin keeps rising.

It will not be fun all of the way but keep hodling;)

Definitely, holding is fun, don't panic when dump happened and everything would be good.

$100k should not be hard to achieve though, we reach $60k when we hit $20k, that's x3 increase, so at the current price if there's another x3 increase, that would already make it to $150k, actually we should not worry about the future as if its time, we will really see the price that we are hoping, as long as it's realistic.

[MCobian]

I have never felt this much enthusiasm when holding Bitcoin, only this year I felt it. As positive news regarding Bitcoin continues to emerge,
this pushed the Bitcoin price up. Even though the Bitcoin price is currently experiencing a correction to its price of $ 52k, there's no need
to panic about that. Since the correction is still normal, hopefully the support price at $ 52k is very strong. So the Bitcoin price could immediately
return to a price of $ 60k. If the Bitcoin price can go back to the price of $ 60k, I am sure Bitcoin will continue to go up to the next target
at the price of $ 65k.

[arufox]

I have a feeling that bitcoin will break $60k anytime soon, bitcoin has a huge pump with 59850 24 hours high in Binance.
https://www.binance.com/en/trade/BTC_USDT

What can we expect after bitcoin will hit $60K, is it gonna continue or will drop?

What next?? Will continue or drop it is doesn't matter.
I want to ask you why you join in crypto? Why you buy Bitcoin? Stop just thinking about price up or down, but you should think about investment, especially long term investment. Think about future

[pilosopotasyo]

unfortunately Bitcoin failed to break another $ 60k, most likely bitcoin will be below $ 50K,
because a few weeks ago bitcoin was rumored to be going to the $ 40k level but whales didn't want it, a
And this time maybe the whales will make traders even more frustrated.

There's a huge -10.6% drop and there's a possibility of a drop below $50k like you mentioned but this does not mean that the bull run is over and the bear trend is going to start, we are still in the bull run season, this year is still going to be a milestone year for the community, I expect a strong rally on the first week next month, things like this do happen no need to panic.

[South Park]

I have a feeling that bitcoin will break $60k anytime soon, bitcoin has a huge pump with 59850 24 hours high in Binance.
https://www.binance.com/en/trade/BTC_USDT

What can we expect after bitcoin will hit $60K, is it gonna continue or will drop?

What next?? Will continue or drop it is doesn't matter.
I want to ask you why you join in crypto? Why you buy Bitcoin? Stop just thinking about price up or down, but you should think about investment, especially long term investment. Think about future

The demographics of those that have some bitcoin have changed over the years, at the beginning most of those that were in bitcoin believed on its long term potential to change the world and what it could achieve in the future, but right now most people do not care about the goals of satoshi and his vision, they care for their own benefit and this means they only care about one parameter and that is the price of bitcoin, and while I do not blame them there is a lot more to bitcoin than just its price.

[francois-cooper]

the fib extension shows a garage zone around 72k...

[peter0425]

I have a feeling that bitcoin will break $60k anytime soon, bitcoin has a huge pump with 59850 24 hours high in Binance.
https://www.binance.com/en/trade/BTC_USDT

What can we expect after bitcoin will hit $60K, is it gonna continue or will drop?

The next is to fall down to 50k again and it happens now 

The big question is would it break 60k again to continue breaking the 75k for good?

[Dave1]

I have a feeling that bitcoin will break $60k anytime soon, bitcoin has a huge pump with 59850 24 hours high in Binance.
https://www.binance.com/en/trade/BTC_USDT

What can we expect after bitcoin will hit $60K, is it gonna continue or will drop?

The next is to fall down to 50k again and it happens now 

The big question is would it break 60k again to continue breaking the 75k for good?

Don't know where you see the price going down to $50k, but today, it is moving to $55k.

Your question of $75k can be answer in the next month though. I think this end of month we are still in the $50'ish and then April we will see a rise to $60k, but $75k? Not sure if that is doable this April though, May-June might be a good target. At least for now the dumping is over, it's time for the market to recover in the next three weeks.

[onecall123]

I have a feeling that bitcoin will break $60k anytime soon, bitcoin has a huge pump with 59850 24 hours high in Binance.
https://www.binance.com/en/trade/BTC_USDT

What can we expect after bitcoin will hit $60K, is it gonna continue or will drop?

The next is to fall down to 50k again and it happens now 

The big question is would it break 60k again to continue breaking the 75k for good?

Don't know where you see the price going down to $50k, but today, it is moving to $55k.

Your question of $75k can be answer in the next month though. I think this end of month we are still in the $50'ish and then April we will see a rise to $60k, but $75k? Not sure if that is doable this April though, May-June might be a good target. At least for now the dumping is over, it's time for the market to recover in the next three weeks.

March is commonly a red month for Bitcoin so everybody is anticipating a major correction. However, the situation is not as same as in the past. So, Those who are holding up with the expectation that Bitcoin will goes excessively low which ain't occurring. This train ain't stopping. If it dips under 50K support 46K is the next support, don't think it will. Anyway, I'm eagerly waiting to see what happens in next 3 weeks.

[Dave1]

I have a feeling that bitcoin will break $60k anytime soon, bitcoin has a huge pump with 59850 24 hours high in Binance.
https://www.binance.com/en/trade/BTC_USDT

What can we expect after bitcoin will hit $60K, is it gonna continue or will drop?

The next is to fall down to 50k again and it happens now 

The big question is would it break 60k again to continue breaking the 75k for good?

Don't know where you see the price going down to $50k, but today, it is moving to $55k.

Your question of $75k can be answer in the next month though. I think this end of month we are still in the $50'ish and then April we will see a rise to $60k, but $75k? Not sure if that is doable this April though, May-June might be a good target. At least for now the dumping is over, it's time for the market to recover in the next three weeks.

March is commonly a red month for Bitcoin so everybody is anticipating a major correction. However, the situation is not as same as in the past. So, Those who are holding up with the expectation that Bitcoin will goes excessively low which ain't occurring. This train ain't stopping. If it dips under 50K support 46K is the next support, don't think it will. Anyway, I'm eagerly waiting to see what happens in next 3 weeks.

Right, and as bitcoin narrative has change and so is the trend for the month of March. Looking back, this month is the worst as we have been in red in those previous years. But the expectations are different now, now the price has move to $56k so we are looking for another exciting April. And as I have mentioned, a rise to $60k is highly likely to be seen in April.