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

[STT]

Its all but hit 60k today, not quite but near enough that I'd consider about there.     Round numbers shouldnt matter but it does matter that its close to a repeat of what we've already done so really it needs to exceed that measure not to form any idea of a ceiling.   Its slightly lower then the last peak but I think its positively pushing higher so long as its closing above 57k, I'll watch that for an indication of direction after its hit the top area.

[Kemarit]

Its all but hit 60k today, not quite but near enough that I'd consider about there.     Round numbers shouldnt matter but it does matter that its close to a repeat of what we've already done so really it needs to exceed that measure not to form any idea of a ceiling.   Its slightly lower then the last peak but I think its positively pushing higher so long as its closing above 57k, I'll watch that for an indication of direction after its hit the top area.

Yep, we're almost there, but such resistance actually to get over that $60,000. Again, this whole numbers is somewhat hard to breach, but once we broke it, we might see another all time high.

Maybe $55k will be the last strong resistance, and if we can't get over $60,000, I'm not expecting the price to go lower that than.

[Reatim]

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?

Of course the common thing happens , after reaching more than 60k price fell down Low and still struggling to return in that Level but i don't lose hope.
Anyway What do we expect mate? at least making the road to 100k? That's too soon because we are just leaving the 1st quarter today and anytime there can be changes as the next quarter is near to come.

Its all but hit 60k today, not quite but near enough that I'd consider about there.     Round numbers shouldnt matter but it does matter that its close to a repeat of what we've already done so really it needs to exceed that measure not to form any idea of a ceiling.   Its slightly lower then the last peak but I think its positively pushing higher so long as its closing above 57k, I'll watch that for an indication of direction after its hit the top area.

actually it is 59,800 already today

Bitcoin Price   $59,816.97

So in any chance this will break 60k one more time before leaving the quarter.

[Kong Hey Pakboy]

If bitcoin was to hit 60k USD then it will just continue as what it naturally does, it will continue to go up and if there is no indicator that the price are going to go down dramatically then we can expect that the prices are going to get more high and considering a lot of good news at the first quarter of 2021 I think that the prices are well on the way to make it to more than just 60k USD.

[blckhawk]

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

If Bitcoin hit $60k there will be only 2 outcomes. The first thing is that investors will dump their holding especially those who bought at a cheaper price to take profit, and the other one is it will continue to increase. But it is more likely going for a correction in my opinion. Yesterday we almost hit the $60k mark however it now dips at $58k, it seems the resistance was strong but as soon as we break it for sure Bitcoin will set its new ATH. Seems Bitcoin showing a good run, perhaps we can witness some good news this coming month.

[btc_angela]

Officially we haven't touch $60k yet, as high as $59,400 though.

And yes for obvious reasons we will see two outcome, either we go to higher after $60k or see a huge dump again to $53k. Was hoping for the former though, and hope that $60k or higher, the price will be sustainable and then go to $70k next month.

[Raflesia]

Officially we haven't touch $60k yet, as high as $59,400 though.

And yes for obvious reasons we will see two outcome, either we go to higher after $60k or see a huge dump again to $53k. Was hoping for the former though, and hope that $60k or higher, the price will be sustainable and then go to $70k next month.

So tough is the challenge to get past $60k when it wants to touch it then another correction occurs and in the end it goes back up to $ 59k. Is it safer to be above $60k once over? I think bitcoin continues to examine how the fundamentals are going to be afterwards because I believe after this it will be easier to fly how the demand in a market is so high with volatility.
Maybe in the second quarter of the bitcoin movement will be seen and I think that's how the correction occurs and in the future it will be easy to pass from the challenge.

[Joca97]

Officially we haven't touch $60k yet, as high as $59,400 though.

And yes for obvious reasons we will see two outcome, either we go to higher after $60k or see a huge dump again to $53k. Was hoping for the former though, and hope that $60k or higher, the price will be sustainable and then go to $70k next month.

I hope once we break the 60k line it wont get corrected down like before. I dont think there will be a drop for the next couple of days honestly. It dropped so many times. I hope in the next 5 days we see it go upto 65k my prediction

[Rana590]

Officially we haven't touch $60k yet, as high as $59,400 though.

And yes for obvious reasons we will see two outcome, either we go to higher after $60k or see a huge dump again to $53k. Was hoping for the former though, and hope that $60k or higher, the price will be sustainable and then go to $70k next month.

Yes it is very much possible to reach $70k in next month. Though it is really tough to predict crypto currency price but we are seeing a great move of bitcoin. I hope bitcoin will touch $100k in this year.

[wiss19]

Officially we haven't touch $60k yet, as high as $59,400 though.

And yes for obvious reasons we will see two outcome, either we go to higher after $60k or see a huge dump again to $53k. Was hoping for the former though, and hope that $60k or higher, the price will be sustainable and then go to $70k next month.

Yes it is very much possible to reach $70k in next month. Though it is really tough to predict crypto currency price but we are seeing a great move of bitcoin. I hope bitcoin will touch $100k in this year.

The weird thing is, we are higher in price right now than any moment before March, so we should all be in profit except just a few people, I do not get people who do not really have enough money to cover this kind of loss if they are just starting new, obviously anyone with a grain of mind would not go all-in right at the peak price, sure you may want to buy but at least buy it with money you can afford to lose plus have some cash aside to get in even more if it falls, why go all in when the price is at all time high? That is why I do not think that many people are losing money, they are just losing profit.

And making this much noise over lost profit makes no sense to me. In any case lets just focus on whats going on and if this is just a correction or a crash, price peaked at 62k and dropped to 50k and reached to 59k recently, so maybe its like that?

[South Park]

Its all but hit 60k today, not quite but near enough that I'd consider about there.     Round numbers shouldnt matter but it does matter that its close to a repeat of what we've already done so really it needs to exceed that measure not to form any idea of a ceiling.   Its slightly lower then the last peak but I think its positively pushing higher so long as its closing above 57k, I'll watch that for an indication of direction after its hit the top area.

We were incredibly close to touch that price but then the bears did everything that they could in order to produce a retracement, but it was very short lived, and once again the price of bitcoin is close to cross that level, I think that at this point it is just a matter of hours and at worst a few days before we see the price above 60k, I really think that the bears are getting exhausted, once we produce yet another all time high we could be ready to reach 70k or 80k doing the next months.

[TheGreatPython]

Officially we haven't touch $60k yet, as high as $59,400 though.

And yes for obvious reasons we will see two outcome, either we go to higher after $60k or see a huge dump again to $53k. Was hoping for the former though, and hope that $60k or higher, the price will be sustainable and then go to $70k next month.

Yes it is very much possible to reach $70k in next month. Though it is really tough to predict crypto currency price but we are seeing a great move of bitcoin. I hope bitcoin will touch $100k in this year.

The weird thing is, we are higher in price right now than any moment before March, so we should all be in profit except just a few people, I do not get people who do not really have enough money to cover this kind of loss if they are just starting new, obviously anyone with a grain of mind would not go all-in right at the peak price, sure you may want to buy but at least buy it with money you can afford to lose plus have some cash aside to get in even more if it falls, why go all in when the price is at all time high? That is why I do not think that many people are losing money, they are just losing profit.

And making this much noise over lost profit makes no sense to me. In any case lets just focus on whats going on and if this is just a correction or a crash, price peaked at 62k and dropped to 50k and reached to 59k recently, so maybe its like that?

We are experimenting that same condition you asked for, and I think it makes our economy a lot more stronger, it is obvious that crypto can't go up forever without a single drop, that is impossible because it would require so much money kept in it making insane profits, doubling even tripling our profits without anyone taking out profits, that doesn't sound reasonable and it wouldn't be realistic neither, it just doesn't make sense.

However with these corrections we are finally seeing that profit taking and this is not running away or being scared or panic selling etc etc that we see in 10%+ losses, hopefully we do not get there this run because I do not like them and it takes longer time to recover, but as of right now we are at a level where we actually do not care about the drop since it is small while some people are finally taking out their profits from holding bitcoin.

[LUCKMCFLY]

Officially we haven't touch $60k yet, as high as $59,400 though.

And yes for obvious reasons we will see two outcome, either we go to higher after $60k or see a huge dump again to $53k. Was hoping for the former though, and hope that $60k or higher, the price will be sustainable and then go to $70k next month.

Yes it is very much possible to reach $70k in next month. Though it is really tough to predict crypto currency price but we are seeing a great move of bitcoin. I hope bitcoin will touch $100k in this year.

The weird thing is, we are higher in price right now than any moment before March, so we should all be in profit except just a few people, I do not get people who do not really have enough money to cover this kind of loss if they are just starting new, obviously anyone with a grain of mind would not go all-in right at the peak price, sure you may want to buy but at least buy it with money you can afford to lose plus have some cash aside to get in even more if it falls, why go all in when the price is at all time high? That is why I do not think that many people are losing money, they are just losing profit.

And making this much noise over lost profit makes no sense to me. In any case lets just focus on whats going on and if this is just a correction or a crash, price peaked at 62k and dropped to 50k and reached to 59k recently, so maybe its like that?

We are experimenting that same condition you asked for, and I think it makes our economy a lot more stronger, it is obvious that crypto can't go up forever without a single drop, that is impossible because it would require so much money kept in it making insane profits, doubling even tripling our profits without anyone taking out profits, that doesn't sound reasonable and it wouldn't be realistic neither, it just doesn't make sense.

However with these corrections we are finally seeing that profit taking and this is not running away or being scared or panic selling etc etc that we see in 10%+ losses, hopefully we do not get there this run because I do not like them and it takes longer time to recover, but as of right now we are at a level where we actually do not care about the drop since it is small while some people are finally taking out their profits from holding bitcoin.

It is very difficult for it to rise above $59k, there is enormous resistance, but I think that once that price wall is removed, bitcoin will touch $75k, from there everything is profit because they would be new ATH and seeing everything As it all goes, many are waiting for Bitcoin to hit $ 100k to sell.

At the moment, we can expect it to top $60k, park for a while for  $65k and from there it will go up to $75k, some are betting that it can quickly reach $80k but an offer can be made, and if the news tailored go are better, emotions in people will make it reach $100k this month, of course that is my totally optimistic and bullish point of view.

[Fredomago]

Its all but hit 60k today, not quite but near enough that I'd consider about there.     Round numbers shouldnt matter but it does matter that its close to a repeat of what we've already done so really it needs to exceed that measure not to form any idea of a ceiling.   Its slightly lower then the last peak but I think its positively pushing higher so long as its closing above 57k, I'll watch that for an indication of direction after its hit the top area.

We were incredibly close to touch that price but then the bears did everything that they could in order to produce a retracement, but it was very short lived, and once again the price of bitcoin is close to cross that level, I think that at this point it is just a matter of hours and at worst a few days before we see the price above 60k, I really think that the bears are getting exhausted, once we produce yet another all time high we could be ready to reach 70k or 80k doing the next months.

Very possible, the market continue to show stregnht and if this support push for more breaking this level is very possible in
a short period of time,

Seems that new ATH will bring another level for supporters and investors, Bitcoin always have
something good for those who are willing to wait.

Will be glad to see moving forward even it will take some time, slowly but surely to achieved more from this asset.

[DoublerHunter]

At the moment bitcoin is likely to make this round figure soon but hopefully soon we will land into another all time high as the price nearly clock the value of $60k. If possible when this figure be achieve then we will move more faster to $80k becasue of the recent adoption that is ravaging the cryptocurrency. The VISA has started and more giant techs will follow suit which have the ability to move the price faster.

^ This news makes BTC price goes up and that could possibly make a new ATH in the future because the adoption is continuously moving forward.
The big institution investment sometimes I think they will create a huge dump soon when they will cut their profit off but hopefully will not. However, we are almost there to $60k, and probably by this month of April, we will see another new ATH again. There is too much good and positive news towards BTC and I did not wonder the price keep pumping. Nevertheless, let us see what will happen next.

[Twinkledoe]

At the moment bitcoin is likely to make this round figure soon but hopefully soon we will land into another all time high as the price nearly clock the value of $60k. If possible when this figure be achieve then we will move more faster to $80k becasue of the recent adoption that is ravaging the cryptocurrency. The VISA has started and more giant techs will follow suit which have the ability to move the price faster.

^ This news makes BTC price goes up and that could possibly make a new ATH in the future because the adoption is continuously moving forward.
The big institution investment sometimes I think they will create a huge dump soon when they will cut their profit off but hopefully will not. However, we are almost there to $60k, and probably by this month of April, we will see another new ATH again. There is too much good and positive news towards BTC and I did not wonder the price keep pumping. Nevertheless, let us see what will happen next.

I have high hopes that this month we may see another ATH again breaking the $60k barrier. If we are seeing more institutions pouring their money to crypto, it may create a good effect in the market. However, hoping to see more big merchants finally accepting crypto in their payment system. And that will create more positive impact to the users. The larger the community, the better for the growth of its value in the market. Now, there is too much hype in NFTs, and known personalities are now trying to enter also in this market.

[Reatim]

At the moment bitcoin is likely to make this round figure soon but hopefully soon we will land into another all time high as the price nearly clock the value of $60k. If possible when this figure be achieve then we will move more faster to $80k becasue of the recent adoption that is ravaging the cryptocurrency. The VISA has started and more giant techs will follow suit which have the ability to move the price faster.

^ This news makes BTC price goes up and that could possibly make a new ATH in the future because the adoption is continuously moving forward.
The big institution investment sometimes I think they will create a huge dump soon when they will cut their profit off but hopefully will not. However, we are almost there to $60k, and probably by this month of April, we will see another new ATH again. There is too much good and positive news towards BTC and I did not wonder the price keep pumping. Nevertheless, let us see what will happen next.

I have high hopes that this month we may see another ATH again breaking the $60k barrier. If we are seeing more institutions pouring their money to crypto, it may create a good effect in the market. However, hoping to see more big merchants finally accepting crypto in their payment system. And that will create more positive impact to the users. The larger the community, the better for the growth of its value in the market. Now, there is too much hype in NFTs, and known personalities are now trying to enter also in this market.

60k is not really the Barrier because this was been broken couple of times last march.
But it is right to be Hopeful that this next quarter we will see another uptrend and may brings us all profit as We have bought from the 46k when the price drops hard mid of march .
So hoping to see at least 70k? do you think this is possible for this 2nd quarter?

[hahay]

Didn't expect bitcoin price to keep going upward every quarter, if this April the price can reach $60k again then it seems very possible to make new ATH again but still, it won't reach $100k quickly. But yes, by continuing to push prices to hit new ATHs in the near future with growing adoption then of course reaching $60k or not bitcoin price will continue to get stronger again and again.

[Saisher]

Didn't expect bitcoin price to keep going upward every quarter, if this April the price can reach $60k again then it seems very possible to make new ATH again but still, it won't reach $100k quickly. But yes, by continuing to push prices to hit new ATHs in the near future with growing adoption then of course reaching $60k or not bitcoin price will continue to get stronger again and again.

All those talks about $100k is only possible because Bitcoin's price movement is doing good right now, for the price to reach the $100k there must be a huge factor like what happen to PayPal in the $40k level and Tesla and Musk in the $50k level if the are no factors coming in, I doubt if we're going to reach $100k, there should be  big reasons why Bitcoin will reach the $100k.

[South Park]

60k is not really the Barrier because this was been broken couple of times last march.
But it is right to be Hopeful that this next quarter we will see another uptrend and may brings us all profit as We have bought from the 46k when the price drops hard mid of march .
So hoping to see at least 70k? do you think this is possible for this 2nd quarter?

It is considered a resistance point because even if we have been able to surpass it a few times the price cannot remain above it despite our best efforts, this is why it is called a resistance because the bears begin to sell when they see that price thinking the price is going to go down, this in return creates a self-fulfilling prophecy and the more this keeps happening the stronger the resistance point becomes, this is why the 10k level was so hard to break while something like 40k was no problem.