Will Bitcoin get back to 60K this week?

[katrina2]

60K or 50K?

[1714732530]

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[1714732530]

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[1714732530]

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[Swopon]

60K or 50K?

It can be happened or not but my strategy says that the level to watch is $58250$. If the Bitcoin price is getting higher than it, the massive change may be seen within a short time. Then Bitcoin will be super duper bullish as we can hope for new ATH too. Time will decide what will be happened as per market demand.

[aoluain]

March 10th Bitcoin was approximately $54k
March 13th Bitcoin was approximately $60k

I say yes, I have noticed Bitcoin moves up closer to the weekends generally,
although I have been wrong on occasion!

Anyway if it falls back to $50 I hope to have spare FIAT to buy this dip/sale

[Gozie51]

Anyway if it falls back to $50 I hope to have spare FIAT to buy this dip/sale

You may not have the chance to get in at $50k in a near time. Bitcoin may hit another ATH faster than you think because institutional investors are not giving up. Bitcoin is becoming a global asset and many investors are throwing in money to hodl the coin.

[Kong Hey Pakboy]

60k is a difficult resistance as much as the 40k resistance so we can see some time that the prices are staying in between the 50k and 40k line for awhile trying to break the 60k resistance and I don't think that we don't have anything to worry about because despite this down, the prices are definitely going to go up. Maybe this week is not the time that we will break that resistance but we will definitely break it, there is still a lot of time for the market to recover, its not like it is the end of the year yet.

[joniboini]

If you're asking because you're worried about your investment, you ain't see nothing yet. We've seen -20% regularly in crypto, and last year's crash should remind you how volatile and crazy the market is.

Just DCA if you believe that bitcoin is valuable and worth more than the current price, and if you don't believe that then cut some loss and only risk the money you can afford to lose. Don't be stressed out, crypto is a wild ride.

[cryptomaniac_xxx]

It's still holding support at $55k, so it still can go on either direction. Recently its rejects $60k and as a result the price goes down a bit, but nothing to worry though. Just the normal process that we go through like every month. So I wouldn't worry, sentiments are still very bullish and I will say that most likely we will get back to at least $60k at the end of the month.

[btc_angela]

60K or 50K?

No one knows, we are still in the middle, $55k, but it seems that the FUD has stop or something that's why the price now moves sideways. If there is such a FUD, obviously, we will have seen the price going < $50k by now.

So we will have to wait, for sure, big companies are going to take advantage of this -7% to fatten their wallet again. And for average Joe like us, we can still invest and take advantage of this correction also.

[rodskee]

60K or 50K?

Do you care/ I'm not 

And why only asking for 60k when we are aiming for 75k the next pump bitcoin will do, So if i were to ask i will ask if when will Bitcoin break the 75,000$ value and that is enough for me to sell out for a while and rest waiting for another dump even if this take the whole year of 2021.

everything is possible, in this period there are also significant changes in value on the market, in my opinion it will reach 60k over the weekend

over the weekend or just today? because we have much higher expectation for the weekend .

[bitterguy28]

I doubt it will , Maybe just like what happened recently that the fall happens for more than a week before spiking back again and breaking the ATH 58,000$

but like what above says "No One Knows"

[bitzizzix]

Based on market data displayed by TradingView, it appears that Bitcoin price has dropped to its lowest level at $ 54,600, and buying action is still needed to prevent the bearish action from deepening.
and a series of recent developments have driven fear, uncertainty and doubt or the FUD factor.
but I am optimistic that bitcoin will go up again even though it does not reach $ 60,000 in the near future but I think it is still in an uptrend situation with a good price.

[New.in.trading]

I dont like guessing what might happen or not. I try to look at the Charts and see what it tells me. Right now, from a Daily perspective, in BTCUSD I would say sells could come in. So I am looking for confirmation on the H4. If I dont get confirmations, I will not sell it then. If I get a confirmation, however, I will then look at the M30 for a "perfect" entry... Speaking in Pictures:

[LogitechMouse]

I just saw this article coming from Decrypt saying that:

A co-founder of cryptocurrency derivatives exchange BitMEX has surrendered to US authorities.

Ben Delo, a British citizen, was wanted on charges of flouting US anti-money laundering laws. As part of a surrender agreement reportedly negotiated with federal prosecutors in coordination with the Federal Bureau of Investigation and US Customs and Border Patrol, Delo flew from the UK to New York City, where he was arraigned remotely today.

https://decrypt.co/61548/bitmex-co-founder-surrenders-in-new-york

After posting this, Bitcoin went down to day to as low as $53,300 but it rebounded immediately and now sitting at $55,000. Buyers are still in control I think base on the price movement right now since it bounced back after a short decline caused by this news/FUD.

With regards to the question, if FUD's keep spreading in the next days the support of $50,000 might be touched again but if it doesn't then possibly a $60,000 is possible after it pierce the resistance at near $57,000.

[traderethereum]

60K or 50K?

Bitcoin price can get back to %$60k, but we do not know when it will be back to that price.
Maybe it will not be back this week, but it will be back in the next week or month.
The important is you must be ready because bitcoin price can back to $60k at any time.
So before that time comes, you can use this time to buy as much bitcoin as you can, so when the price starts another rally to the $60k, you already have bitcoin and you can sell at the other high prices.

[kotajikikox]

60K or 50K?

I missed exiting Last time when the Value Hit 61,000$ and now looking for that same value to at least take mine . i know that Bitcoin price will break more than that but i am determine to decide taking profit as i am in need now.


But regarding the question , The support stands to 50k so it will be considerate to expect at least another 60k before the 1st quarter ends.

[Maslate]

60K or 50K?

Even we ask if Bitcoin will go back to $40k, people will say there is a chance, the same answer to $60k or $50k.
Whatever it happens, either we are going back to $60k or not, investors will still give their support and they will still invest. I know price really matters in investment but the most important I think is to see having a sustainable market.  

But I think that price is vulnerable to a possible dump after hitting the new ATH.

[STT]

Here you go its done it pretty fast.  broke the downtrend and rose from there.   I would speculate its aspirations are capped for near term though its not for sure.  The reason being why that would happen is fast traders engage in the price for this rise but sell at the top and many do so with borrowed money, day traders dont hold positions over night hence we tend to reset as people close out and go spend the profits and so markets run in cycles through the various time frames.   So it'll pull back a little bit probably maybe say 57.5k

[adaseb]

Probably will break $60 in a few hours. Basically the fed will keep printing more money, interest rates low, JP Morgan will allow BTC purchases for some rich client and the most obvious is the stimulus cheques which are being depositted today and tomorrow.

There was a survey which said that 3% of all stimulus cheque recipients will use it to buy crypto which is like $10 Billion or so. Hence the next week should be interesting, I think we might go to $65-68K before finally pulling back again. However at these levels, its getting very toppy. Especially since these figures are almost $100,000 in Aussie and Canadian dollars. Eventually the early investors will start taking profits.

[Hippocrypto]

If the price continuously faced resistance, we won't see bitcoin price surfaced towards $60k this week. There's an attempt, but not really having faster increase because of huge sell orders, that made it harder to recover.
Most probably, we will see price between $54k to $58k going up and down this week. Maybe if there's some minimal spike it quickly goes down due to random fluctuations.

[darewaller]

There is nothing that we should be worried about with the price. It could be 60k back this week, or maybe it will go back to 40k, it doesn't matter, why? Because no matter how high or low it gets, we are dealing with a bull trend, corrections happen all the time, we just very recently went from 58k to 43k and managed to get higher, so who cares if we end up going down? That is why I think it is not going to be a big problem for us, it is going to end up being higher in the end so that is what we should be focused on.

If you think it will go down, it would be wise to keep following bitcoin price and put buy orders here and there so that you could buy when it is going down, that way you would have a lower average and when it goes up, you could end up in big profit. I think we will not stop until we see 100k+ price and that is why these small drops never bother me.

[Fundamentals Of]

I am positive Bitcoin will still get back to $60,000 within the week. The week might not close with Bitcoin's price successfully holding on to $60,000, but I am almost sure it will recover up to that price within the three days left of the week. In fact, the 24-hour high is only hundreds short of $60,000. We have hit $59,400 within the day so $60,000 within 3 days is not a challenging target for Bitcoin.

[molsewid]

If the price continuously faced resistance, we won't see bitcoin price surfaced towards $60k this week. There's an attempt, but not really having faster increase because of huge sell orders, that made it harder to recover.
Most probably, we will see price between $54k to $58k going up and down this week. Maybe if there's some minimal spike it quickly goes down due to random fluctuations.

As what we have seen in the market as of the week the resistance were hardly taking control over bitcoin market. As of now, recently i have checked the blockfolio bitcoin market value was still in a $54, 380 where only a few moments later it is now become $57, 259, it's a +5.30% difference. What is this indicate? Or what does this only shows? Well for me the market only shows that even how strong the resistance is, bitcoin market can still withstand with it, and this is how so far the difference of bitcoin market compare to it's market wayback 2017-2018.

[Ewox]

Based on the market today, there is a possibility it could reach a new ATH again. But then again, we really are not that sure yet. Or it could go the other way around and drop its price back to around $50k. And I could still see a lot buying Bitcoin at its current price too.

[proudhon]

Bitcoin cannot exceed the most recent ATH. It was the last ATH.

[sheenshane]

There's no infinite growth of Bitcoin price but we always witnessed that there's always a new ATH that comes right after there's a correction, and then there's resistance after the correction's come.  The flaws always like that, even though we can't exactly predict the market price but as we see, Bitcoin price in the market still seems in a healthy position. 

We can't hear a clear answer to OP's question and everyone can speculate on its own.  Bitcoin price might down or goers up by next week, but I didn't monitor my portfolio in a short period of time, Bitcoin always has growth in a long period of time, it will always end up at a high price, and it's normal that the price will always fluctuate.

[DarkIT]

It already reached to the value of 60k$.Many investors get feared about the back fire from 60k to 50k$.But it's not a true one. Because the price of bitcoin had attained a stable one of 58k$.If you want some good profit, make a investment from the margin value. Many traders had suffered to gain a profit, but only the margin traders will get you a profit for sure.

[wheelz1200]

60K or 50K?

Good question the world may never know until one gets hit.  But with bitcoin flirting in the 57-59k area right now a quick pop can get it to 60k real easy.  Real tough question is 40k or 70k first, that is the real question.

[Baofeng]

Based on the market today, there is a possibility it could reach a new ATH again. But then again, we really are not that sure yet. Or it could go the other way around and drop its price back to around $50k. And I could still see a lot buying Bitcoin at its current price too.

No, I don't think that we are going to reach ATH today, if you try to observed the market, after a dip, it will go on a sideway pattern, which what we are seeing right now. It went down as low as $54k if I'm not mistaken, and now trading sideways at $57k-$58k. It will be the case until another break out and recorded another ATH. So let's way and see. Good time to buy though at this price.

[Miike]

Atleast  optimism is the order of the day for thosr who must have bought while it was a bit  lower than 50k and so i beleive their foremost song right now is that it will hit high above their expectations so they can sing aloud .

[uray]

60K or 50K?

Good question the world may never know until one gets hit.  But with bitcoin flirting in the 57-59k area right now a quick pop can get it to 60k real easy.  Real tough question is 40k or 70k first, that is the real question.

The market depends upon how confident the institutional investors are and if we have an idea what is their investment plan and what price they think they might book the profit then we have the answer. Right now the market is booming and we might hit the breaks one way or the other as you cannot expect these investors to pour money all the time.

[MCobian]

I saw a lot of good news about Bitcoin right now and also Bitcoin support price at $ 55k is very strong, I am optimistic Bitcoin will not be
corrected to the price of $ 50k this week. So I prefer Bitcoin to be back at $ 60k this week, therefore I keep calm HODL my Bitcoin until now.
Because it won't be long before Bitcoin will go back up to the price of $ 60k, if my prediction is correct, Bitcoin should continue to rise to reach
its next target of $ 70k.

[arufox]

60K or 50K?

Will Bitcoin hit 60K again this week? Probably Yes, Probably No. No one knows Yes or No
Will Bitcoin hit 60K again? Yes, and easy for Bitcoin to surpass it.

You should know that Bitcoin is a real digital assets investment, so the price will continue growing but need time, so you must patient and waiting, for big earning

[Zemomtum]

It might surpass 60k before this week runs about and test the 62k again, if that holds for more than a day, we should not hesitate to welcome 70k that has been the target for crypto lovers.

[Dollar_Hunter]

of course $ 60k has been reached, because bitcoin is still in the green zone, don't make the wrong decision,
when you sell bitcoin, lots of people are ready to accommodate it, even large companies like grayscale always buy bitcoin when a correction occurs,
why do you even sell it again and again? hold until $ 300k is reached!  

[el kaka22]

We are already back closer to 60k again, we may end up over 60k in the next 24 hours, pumps on bitcoin price changes a lot for other things as well, people end up buying more from other coins too, and the btc/alt pair of that coin doesn't change that drastically but because bitcoin went up that means those altcoins worth more money now as well. It is really a great deal and I think it will be amazing for us to see 60k+ and go even higher.

I am not fine with just 60k this time, I am expecting at least 65k+ with the next run, if we started it now, that means we need to finish it, and not drop under 60k for a long time as well to establish the bull run and remove any question from the minds of even the most fearful investor. I think this will happen, I do not guarantee it, you may lose money if you buy bitcoin now, but I will be buying more soon.

[pooya87]

I believe the recent drop below $60k was pure market manipulation possibly because of the US stimulus checks that some "big players" were too worried could end up being invested in bitcoin. Which is why they dumped the price as much as they could (which wasn't much at 13%) to discourage any newbies who would want to start thinking about buying bitcoin with the inflating fiat they are being given while creating buying opportunity for themselves at cheaper prices.
To answer your question, yes I think we'll see $60k very soon.

[slaman29]

Guess most bears were so happy to see the immediate dip after Bitcoin touched 60k yesterday, but I think now we can all agree that the worst it could do was give people more space to buy the dip as we can see it's climbing a bit more now and registering higher lows day by day. Another new ATH this weekend is coming I guess.

[Kasabus]

Apparently, we are very close to $60k but can't assure how the market plays in the next few days before the week cut-off. The situation is truly unforeseen and nobody knows exactly. I can't even see on my crystal ball...

That be either right or wrong, either by the market surging back to $62k, we are all still the winner coz we don't ever think the dumps. Well, that $50k is not the price we wanted to happen that is why we keep thinking of $60k.

[michellee]

60K or 50K?

I believe the price will be back to $60k soon. But there is no estimation time when that will back to that price. So before the price hit $60k again, we still have the time to buy bitcoin at the current price, so we will have more bitcoin ready to sell at more than $60k. But still, it is not easy to know the right time to buy bitcoin, but we can analyze for a while to find that time. So be careful when you want to buy bitcoin at the price level now.

[skarais]

Apparently, we are very close to $60k but can't assure how the market plays in the next few days before the week cut-off. The situation is truly unforeseen and nobody knows exactly. I can't even see on my crystal ball...

That be either right or wrong, either by the market surging back to $62k, we are all still the winner coz we don't ever think the dumps. Well, that $50k is not the price we wanted to happen that is why we keep thinking of $60k.

$60K will be reached today, this is very close to reality. Bitcoin price is likely to break the resistance line at $61K in the next few days as the fundamental are still quite strong. But the bitcoin market is still very wild at the moment, and it would be best if you TP for some bitcoin if you have any doubt.

So be careful when you want to buy bitcoin at the price level now.

Never buy if they don't agree with the risk. For anyone who buy, that mean they have done their own research for it and accept the risk.

[$crypto$]

Apparently, we are very close to $60k but can't assure how the market plays in the next few days before the week cut-off. The situation is truly unforeseen and nobody knows exactly. I can't even see on my crystal ball...

That be either right or wrong, either by the market surging back to $62k, we are all still the winner coz we don't ever think the dumps. Well, that $50k is not the price we wanted to happen that is why we keep thinking of $60k.

$60K will be reached today, this is very close to reality. Bitcoin price is likely to break the resistance line at $61K in the next few days as the fundamental are still quite strong. But the bitcoin market is still very wild at the moment, and it would be best if you TP for some bitcoin if you have any doubt.

In case the $60k passes will this base be strong enough in the resistance line? The wildness of bitcoin at this time is still not predictable but I think the correction will definitely happen again in the meantime but this will create a new bubble past $61k in the next few days we will find out how to reach the maximum and we can say a new ATH again and it keeps repeating itself again.
Maybe bitcoin will continue to redeem indefinitely so that we are sure that the market will be in a stable condition in the future? I thought this could happen.

[MiningBattalion]

Apparently, we are very close to $60k but can't assure how the market plays in the next few days before the week cut-off. The situation is truly unforeseen and nobody knows exactly. I can't even see on my crystal ball...

That be either right or wrong, either by the market surging back to $62k, we are all still the winner coz we don't ever think the dumps. Well, that $50k is not the price we wanted to happen that is why we keep thinking of $60k.

$60K will be reached today, this is very close to reality. Bitcoin price is likely to break the resistance line at $61K in the next few days as the fundamental are still quite strong. But the bitcoin market is still very wild at the moment, and it would be best if you TP for some bitcoin if you have any doubt.

In case the $60k passes will this base be strong enough in the resistance line? The wildness of bitcoin at this time is still not predictable but I think the correction will definitely happen again in the meantime but this will create a new bubble past $61k in the next few days we will find out how to reach the maximum and we can say a new ATH again and it keeps repeating itself again.
Maybe bitcoin will continue to redeem indefinitely so that we are sure that the market will be in a stable condition in the future? I thought this could happen.

After a highly anticipated prediction by many, Bitcoin finally hits 60K this Saturday afternoon. The whole cryptocurrency market is on fire, and momentum seems pretty strong. Now that Bitcoin proved to reach the psychological price of 60K,After the recent events, it became apparent that Bitcoin can indeed reach 100K. With its current prices surpassing 60K, prices need to increase by 66%. This price increase is very normal for Bitcoin.

[STT]

Trending up still, capped by a trend overhead inline with longer term gains in this wider move



regained weekly average, watch 58.5k maintained for further gains.

[wxa7115]

It's still holding support at $55k, so it still can go on either direction. Recently its rejects $60k and as a result the price goes down a bit, but nothing to worry though. Just the normal process that we go through like every month. So I wouldn't worry, sentiments are still very bullish and I will say that most likely we will get back to at least $60k at the end of the month.

I think it is a real possibility that we are going to see the price above 60k again but I am not so sure it is going to happen this week, the reason for that is that as the price keeps growing we need even more money for the price to increase again, and since the market cap of bitcoin is so massive already this is making a lot of people nervous about a possible crash coming.

This in return is making the price to not grow as much as it did during the previous months making people even more nervous creating a vicious circle, still despite that 60k should be a real possibility and once we break that level for good I think we could get to 75k during April or May of this year.

[ivankoh]

The recent trend and momentum to cross $ 60k and create more ATH with bitcoin is unstoppable.  Despite fluctuations, the market cap of bitcoin has remained at 1 trillion, this is a doping drug to market bitcoin to gain new support.  $ 65k would be ATH and the threshold of confidence is very high.  It will be very interesting to speculate on the direction of the next move.

[michellee]

Trending up still, capped by a trend overhead inline with longer term gains in this wider move
regained weekly average, watch 58.5k maintained for further gains.

I hope that everything changes in the next week and the price can back to $60k. Even if in the next week the price is not moving higher than $60k, that will not be a problem because we can sell bitcoin that we bought at a price, while we can wait for more correction. We can wait for a while and not do anything if you already bought bitcoin.

[TastyChillySauce00]

After a highly anticipated prediction by many, Bitcoin finally hits 60K this Saturday afternoon. The whole cryptocurrency market is on fire, and momentum seems pretty strong. Now that Bitcoin proved to reach the psychological price of 60K,After the recent events, it became apparent that Bitcoin can indeed reach 100K. With its current prices surpassing 60K, prices need to increase by 66%. This price increase is very normal for Bitcoin.

$100 K is just piece of cake for BTC and how mass adoption keep appearing meanwhile the coin total supply capped at 21 mln I won't even be surprised if BTC happens to reach $1 Mln and the smaller unit which is satoshi is what people gonna use more frequently in the future, it's just matter of time since btc is like the digital gold as most of people out there pictured.

[Kasabus]

snipped...

$60K will be reached today, this is very close to reality. Bitcoin price is likely to break the resistance line at $61K in the next few days as the fundamental are still quite strong. But the bitcoin market is still very wild at the moment, and it would be best if you TP for some bitcoin if you have any doubt.

In case the $60k passes will this base be strong enough in the resistance line? The wildness of bitcoin at this time is still not predictable but I think the correction will definitely happen again in the meantime but this will create a new bubble past $61k in the next few days we will find out how to reach the maximum and we can say a new ATH again and it keeps repeating itself again.
Maybe bitcoin will continue to redeem indefinitely so that we are sure that the market will be in a stable condition in the future? I thought this could happen.

After a highly anticipated prediction by many, Bitcoin finally hits 60K this Saturday afternoon. The whole cryptocurrency market is on fire, and momentum seems pretty strong. Now that Bitcoin proved to reach the psychological price of 60K,After the recent events, it became apparent that Bitcoin can indeed reach 100K. With its current prices surpassing 60K, prices need to increase by 66%. This price increase is very normal for Bitcoin.

I was thinking $70k, $80k first before we reach $100k. But honestly, I doubted we can make it this ($100k).
Because even we observe a sustaining strong momentum but can't just simply ignore the dumps, this makes the market more alive, and that it shows most of the time right after the pumps. We can't ever see a straight foregoing uptrend motion and so we expect that the price could never be an inclining straight line but we have to expect a curve line.

[Ewox]

I think it could reach to $60k within this month but I don’t think it’ll retain its price. I feel like it’ll go down but not as far as around $45k though. Just my assumptions though, if ever it’ll reach back to $60k this month. For this week, I don’t think so. It is striving to reach the $60k mark again.

[ecnalubma]

Will hopefully it will break $60k above. Its a free market anything can happen sometimes what we wish does not happen but I’m pretty sure a lot of folks are hoping to get it deeper so that they accumulate more. If I have spare capital I will take advantage of good guys, consider it an opportunity.

[Ibrahim60]

60K or 50K?

Bitcoin is one of the most potential coin. Bitcoin price is now so much volatile. Bitcoin price is now $57k. I think Bitcoin will hit $60k in this week. This price can down some but not get down at $50k. This is my personal prediction.

[ReiMomo]

60K or 50K?

Bitcoin is one of the most potential coin. Bitcoin price is now so much volatile. Bitcoin price is now $57k. I think Bitcoin will hit $60k in this week. This price can down some but not get down at $50k. This is my personal prediction.

Will I guess $60k is not impossible because it seems bitcoin price refueling again that most likely climb up again, I saw all red color in the market yesterday and it will I guess the short correction and now preparing again that may the price will surge back in the market.

We are all here brings up with different assumption and will I guess will not happen next week, I suggest not to monitor the market daily or weekly. Just invest and store it in a long run. Bitcoin price will always end up in a higher price and have always an ATH.

[Stedsm]

Bitcoin had been dancing a lot between $54k-$60k, and about the price, I think I'll undoubtedly say that we'll not be getting under $50k again soon because the network hashrate, total wallets, Bitcoin's hodling v/s selling, all have gone so far so high in number and whenever that happens, BTC sees spike in its value.

[Mahanton]

60K or 50K?

Currently as of this writing then we are still below $60k but not really that below since we are still on 54k point which a bit lower compared a day ago where the price was 57k
which means we are having some small correction which we can presume that this is a normal market cycle which selling points would be always there to those people who
do want to sell out but asking if getting back to 60k this week then we cant really tell on we would really be breaking out that tough resistance
but lets hope that we would be doing it this time.

[Golftech]

60K or 50K?

Currently as of this writing then we are still below $60k but not really that below since we are still on 54k point which a bit lower compared a day ago where the price was 57k
which means we are having some small correction which we can presume that this is a normal market cycle which selling points would be always there to those people who
do want to sell out but asking if getting back to 60k this week then we cant really tell on we would really be breaking out that tough resistance
but lets hope that we would be doing it this time.

It's been another week and the price still playing around hitting $60K didn't happened and currently according to CMC the value still

residing @ $54,510.33, yes much lower than few days ago. maybe those who bought earlier got bored and instead of waiting for
another $60k+, they just simply sell it up and now risnsing again and collecting those available cheap coins.

[Hamphser]

We have some pullback now.So better hold!

This is just a casual shake off with those weak hands and now the price is starting to climb up again.Luckily I do able to buy some cheap coins @54k+
which I can say that it is a great buy point.

60k might take some time because it had been rejected for how many times already but lets see if theres a breakout.

[arufox]

60K or 50K?

It's not about will back to 60K this week, next week, or the next few weeks. But If talk about Bitcoin is about how long you can hold it. Bitcoin will back and will break 60K it's so easy for Bitcoin but the investment always needs the patient to grow. You must be the real investor and patient be patient with all circumstances

[Zemomtum]

This might be probably unlikely but I am looking towards a great move next week. Accumulation will soon surface which will drag this week and most alts will have chance to trend upward.

[STT]

I'd like to see it revisit 50k with 50dma as it did in the harshest pullback of this year.   A proper pull back allows for air pockets to be resolved and a stronger recovery and ultimately higher prices, it may not feel like it at the time but so long as the action is regular with bid and offers made in some volume it helps price action confidence longer term.   

[TravelMug]

This might be probably unlikely but I am looking towards a great move next week. Accumulation will soon surface which will drag this week and most alts will have chance to trend upward.

We are still in the accumulation phase, last weekend, he suddenly some pullback, we are almost on the $60k again, unfortunately, there is a strong resistance, and as we all know it, if we can't get over the resistance, there will be a sell-off which eventually happened.

So this week will be another sideway patterns, yeah, you can call it sort of accumulation phase again, $55k and up, until we surpassed $60k the second or third time (if I'm not mistaken). And then a new uptrend will be form, so let's see up to the end of the month.

[Oasisman]

This might be probably unlikely but I am looking towards a great move next week. Accumulation will soon surface which will drag this week and most alts will have chance to trend upward.

Why is it unlikely? I mean Btc is just less than $5,000 away from hitting that $60,000 figure again. Accumulation are continuing, Btc are most likely to hit $60k again but would pull back a little bit and then bounce back to a new ATH record again. Market sentiments are still on a bullish mode, as well as the investors and speculators. So, I don't see any sign of bearishness at this current rate. We'll be back to $60,000 If not this week, maybe next week.

[slaman29]

This might be probably unlikely but I am looking towards a great move next week. Accumulation will soon surface which will drag this week and most alts will have chance to trend upward.

Actually we shouldn't even be worried if prices go even lower this week, and even if we go back down below $50k. It's still early time and we're not even done with Q1 2021 yet, I would say that a lot of people will be looking to strap in dividends and what not from 2020 (which comes around now or in April) and 49k or cheaper would look very good prices for newcomers or accumulators:)

[sana54210]

Right now, the bitcoin price drops again to $54,500 from yesterday. It seems the bitcoin price needs to wait for some time to back to $60k, but I am sure that the price will be back to that price and break the high price. At this moment, we can buy back more bitcoin to prepare for the next bull run, but it is hard to predict when the bull run will come. If you are not sure about your analysis, I think you can watch the market and not buy or sell because that can make you lose.

I do not think that it is a big deal, we were around 57k yesterday so I get that people are upset but a week ago we were around these prices again, so it is not really a big dael if you ask me. Obviously it is not going to be easy and it is going to take some time to profit from these levels, but anyone who is getting new right now is a bit late so they have to take what they can get.

If you invested last year, you could have made as much as 13x profit, from the bottom to peak that is even more if you calculate it (from 3.8k bottom last march when crash happened to 61k recently that is 16x profit) and if you didn't do that, and going in right now, you should at least have the patience to wait a bit more and make profit later on. If you want to get in and make profit right away, you are way too late for that and there is no way to profit like that anymore.

[hahay]

Not sure to hit the ATH again anytime soon but it looks like the price movement will only move within that range or 50k-60k for the next few weeks. Even though after that it will fall back below 50k I think the recovery will still happen quickly, but looking at a trend like this I am sure that a fall below it will not happen but it will not go beyond 60k very soon and it will continue to fluctuate.

[Stedsm]

Bitcoin had been dancing a lot between $54k-$60k, and about the price, I think I'll undoubtedly say that we'll not be getting under $50k again soon because the network hashrate, total wallets, Bitcoin's hodling v/s selling, all have gone so far so high in number and whenever that happens, BTC sees spike in its value.

I believe I'll have to change my words here because I have seen the exact same pattern being built on the charts that we've seen during the 2017-18 crash period. I've also created a thread explaining why I believe that BTC could go back to under $45k after checking a few important facts that weren't drawn to my attention 2 days ago. I'm not overconfident with this but this scenario will definitely happen before we see a new ATH and I highly doubt BTC will get back to $62k again till next year because lockdowns have started and cases are increasing too, with a negative news from US is circulating that they'll be adding higher taxes to the books of their citizens who are currently taking advantage of the stimulus. So whenever it gets into implementation, I highly doubt BTC will remain stable here and believe me, if it won't, this correction will be one of the worst corrections ever witnessed.

[chaser15]

We shouldn't have to bother if Bitcoin will return to $60,000 this week or next. The important thing here is, it will soon happened no matter what. Bitcoin is establishing a new All-Time high since the surge started.

If OP is asking these as he has a position, better to do spot trades and go along with the price swing. Or if OP is just simply holding, then he should disregard questions like that and just hold and relax.

[uneng]

Bitcoin had been dancing a lot between $54k-$60k, and about the price, I think I'll undoubtedly say that we'll not be getting under $50k again soon because the network hashrate, total wallets, Bitcoin's hodling v/s selling, all have gone so far so high in number and whenever that happens, BTC sees spike in its value.

I believe I'll have to change my words here because I have seen the exact same pattern being built on the charts that we've seen during the 2017-18 crash period. I've also created a thread explaining why I believe that BTC could go back to under $45k after checking a few important facts that weren't drawn to my attention 2 days ago. I'm not overconfident with this but this scenario will definitely happen before we see a new ATH and I highly doubt BTC will get back to $62k again till next year because lockdowns have started and cases are increasing too, with a negative news from US is circulating that they'll be adding higher taxes to the books of their citizens who are currently taking advantage of the stimulus. So whenever it gets into implementation, I highly doubt BTC will remain stable here and believe me, if it won't, this correction will be one of the worst corrections ever witnessed.

Lockdowns and increasement in coronavirus cases impact the traditional economy negatively. So wouldn't this be positive for bitcoin, as it is a way for people protect their money against a weak national currency? Furthermore as you said, US is going to raise taxes on citizens, what also incentives people to put their money in crypto currency.

So why would these facts affect bitcoin negatively if they have already affected btc positively previously?

[Stedsm]

Lockdowns and increasement in coronavirus cases impact the traditional economy negatively. So wouldn't this be positive for bitcoin, as it is a way for people protect their money against a weak national currency? Furthermore as you said, US is going to raise taxes on citizens, what also incentives people to put their money in crypto currency.

So why would these facts affect bitcoin negatively if they have already affected btc positively previously?

Things never remain the same, mate. They change.
Continuous lockdowns are not just affecting the economy but will also bring a lot higher inflation ratio than a common man is facing today. Do you believe that people will just "keep investing" in BTC and hodl till they die? Won't they sell when they'll see their needs becoming their depression? That's when BTC will experience the negative impact of pandemic. And yeah FYI, those taxes are possibly coming over crypto to hit it huge by attracting a bigger part of your profits into their treasuries. A weak national currency? $1 will be worth $1 because it IS a $1 bill but the value of BTC changes a lot, so whenever they'll feel that they need their so-called "weak currency" in paper, they'll have no choice but to sell their BTC. What else have they got?

[uneng]

Lockdowns and increasement in coronavirus cases impact the traditional economy negatively. So wouldn't this be positive for bitcoin, as it is a way for people protect their money against a weak national currency? Furthermore as you said, US is going to raise taxes on citizens, what also incentives people to put their money in crypto currency.

So why would these facts affect bitcoin negatively if they have already affected btc positively previously?

Things never remain the same, mate. They change.
Continuous lockdowns are not just affecting the economy but will also bring a lot higher inflation ratio than a common man is facing today. Do you believe that people will just "keep investing" in BTC and hodl till they die? Won't they sell when they'll see their needs becoming their depression? That's when BTC will experience the negative impact of pandemic. And yeah FYI, those taxes are possibly coming over crypto to hit it huge by attracting a bigger part of your profits into their treasuries. A weak national currency? $1 will be worth $1 because it IS a $1 bill but the value of BTC changes a lot, so whenever they'll feel that they need their so-called "weak currency" in paper, they'll have no choice but to sell their BTC. What else have they got?

I understand everyone needs fiat to survive, as that is the only way to purchase basic goods needed in our daily life and to pay for services, but I don't think millionaires and billionaires are going to cashout their btc investments for this reason. They can just keep the minimum needed in fiat for daily expenses and move the rest to bitcoin, to protect it against inflation. I think that is what we have seen since last year.

A lot higher inflation turns 1$ into a worthless amount of money. 1$ will be always worth 1$, but this 1$ is never going to be enough to buy tomorrow the same thing you bought today. On the other hand with bitcoin it's quite the opposite. So it makes no sense to hold large amounts of fiat, especially during this pandemic crisis with high inflation, unless investments in US are going to be very rentable against inflation(that was a reason pointed on the internet to justify why btc would become weaker now, as potential investors are interested in US economical scenario).

[tabas]

This might be probably unlikely but I am looking towards a great move next week. Accumulation will soon surface which will drag this week and most alts will have chance to trend upward.

It's about to go its trend upward because it's going through a dip currently. And we know that after the dip, it's usually going up so that's expected to come.

If OP is asking these as he has a position, better to do spot trades and go along with the price swing. Or if OP is just simply holding, then he should disregard questions like that and just hold and relax.

Yeah, for holders like me I'm relaxed most of the time whether bitcoin goes up or goes down. The biggest factor that made me feel like that is experience.

[Stedsm]

I understand everyone needs fiat to survive, as that is the only way to purchase basic goods needed in our daily life and to pay for services, but I don't think millionaires and billionaires are going to cashout their btc investments for this reason. They can just keep the minimum needed in fiat for daily expenses and move the rest to bitcoin, to protect it against inflation. I think that is what we have seen since last year.

Again FYI, I'd like to let you know that there's an insider that came to me (I've paid for it) that some major big investors are cutting out BTC from their portfolio slowly and buying something else. I mean, investors are like butterflies, the more colorful investment they'll see, they'll start roaming there leaving the old less colorful investment aside or get completely out of it. I know they won't sell it over completely but those who've already bought at bottom will definitely, at some point, start taking out their profits just like an average investor does. Nobody sticks to their investments forever, the same applies to BTC investments.

[Shasha80]

I am still optimistic Bitcoin will return to the price of $ 60k this week, maybe it will be reached on Friday. Now that the Bitcoin price is undergoing
a minor correction to the price of $ 54k, it shouldn't be long before Bitcoin price will start to slowly rise towards the price of $ 60k. Because in
my opinion the support price at $ 54k is very strong, so it is very unlikely that Bitcoin will drop below the price of $ 54k. Hopefully my guess is right,
if it is true it shouldn't be long before Bitcoin will be pumping again and hopefully it can get past the resistance price of $ 60k.

[ethereumhunter]

Right now, the bitcoin price drops again to $54,500 from yesterday. It seems the bitcoin price needs to wait for some time to back to $60k, but I am sure that the price will be back to that price and break the high price. At this moment, we can buy back more bitcoin to prepare for the next bull run, but it is hard to predict when the bull run will come. If you are not sure about your analysis, I think you can watch the market and not buy or sell because that can make you lose.

I do not think that it is a big deal, we were around 57k yesterday so I get that people are upset but a week ago we were around these prices again, so it is not really a big dael if you ask me. Obviously it is not going to be easy and it is going to take some time to profit from these levels, but anyone who is getting new right now is a bit late so they have to take what they can get.

If you invested last year, you could have made as much as 13x profit, from the bottom to peak that is even more if you calculate it (from 3.8k bottom last march when crash happened to 61k recently that is 16x profit) and if you didn't do that, and going in right now, you should at least have the patience to wait a bit more and make profit later on. If you want to get in and make profit right away, you are way too late for that and there is no way to profit like that anymore.

Maybe that is not a big deal for you, but I do not think about people out there who do not follow the bitcoin journey. They will feel upset waiting for the bitcoin price increase again. Some people who bought at a low price will be happy, but if they can not sell when the price increases by a little price, they will lose that chance and wait for long.

I guess people are disappointed not invested from last year because they miss that moment. But if they see that they still have a chance to enter the market now or wait for a while, they can still make a profit later as long as they do not rush to take profit or they can wait. Yes, they need to have the patience to take profit. Otherwise, they will not have that chance.

[bitzizzix]

Let bitcoin move as it is and the right choice now holds it and be patient, and know that bitcoin fluctuations are testing our patience.
I am optimistic that the return to 60K will repeat itself but not anytime soon and also the drop will not exceed below 50K.
and what is happening now is that the movement of bitcoin in my opinion is still normal and the price of bitcoin is still high, there is no drastic decline, so be patient and hold it is the right choice at this time.

[bitterguy28]

Another question to be thrown now is " Will bitcoin can reach back to 60k this week?"

we have fell down since week ago and there is no sign of breaking the top again, I was hoping of another ATH at least before the first quarter of 2021 ends?

practicality wise to happen because 75,000$ is on the corner.

[why]

Maybe we can see a little correction towards 40K during this week or next two weeks. Market can't go upward forever it has to fill cme gap to gain power to break ATH again.
Currently 40K is the strong support and we may can see a bounce back from 40K support zone. Now I'm staying out of trading and waiting for a strong bullish setup.

[btc78]

60K or 50K?

You asked this last week right ? and the answer is YES because Bitcoin not only return back to 60k but made another All Time High at almost 62,000.

Knowing Bitcoins capacity to increase value overnight?

So i guess there is more to come on our way, instead of seeking for another 60k Why not ask for 100k ?

Isn't it possible to happen at least this whole 2021?

[Golftech]

Another question to be thrown now is " Will bitcoin can reach back to 60k this week?"

we have fell down since week ago and there is no sign of breaking the top again, I was hoping of another ATH at least before the first quarter of 2021 ends?

practicality wise to happen because 75,000$ is on the corner.

That place is very possible, with how Bitcoin supporters keep holding and not to let the downfall to go that deep.

Currently it's moving up a little it's really nice to see that even there's some corrections it manage to keep this

level and not to allow to fall that hard. More or less we only have one more  month before the first quarter

still strong after this huge jump up.

[StartupAnalyst]

To say the truth, yes. BTC can drop even lower than 50 000 probably to 47-46 000 but it’s nothing to worry about because after the drop it will again grow. If you examine BTC chart you’ll find out that it have such a small correction tendency to decrease on 10 thousands and then again to increase on 10 thousands or sometimes even more.

[onecall123]

Another question to be thrown now is " Will bitcoin can reach back to 60k this week?"

we have fell down since week ago and there is no sign of breaking the top again, I was hoping of another ATH at least before the first quarter of 2021 ends?

practicality wise to happen because 75,000$ is on the corner.

We're heading for 60k right now. It would be thanks to Elon Musk if that happens so quickly. I think we all have to adopt the new future. Mr. Elon Musk just opens opportunity for the Next Generation Marketplace! This is the beginning. Mass adoption of Bitcoin rally hard in coming months.

[molsewid]

Another question to be thrown now is " Will bitcoin can reach back to 60k this week?"

we have fell down since week ago and there is no sign of breaking the top again, I was hoping of another ATH at least before the first quarter of 2021 ends?

practicality wise to happen because 75,000$ is on the corner.

Well bitcoin hitting $60,000 again for this week is what i have waited also. Currently, the bitcoin market value was $56,500. I am more in a positive side that bitcoin were going to make it at $60k again before this week ends or maybe on the last week of this quarter of the year. Let's find it out since we still have four days left for this week.

Let bitcoin move as it is and the right choice now holds it and be patient, and know that bitcoin fluctuations are testing our patience.
I am optimistic that the return to 60K will repeat itself but not anytime soon and also the drop will not exceed below 50K.
and what is happening now is that the movement of bitcoin in my opinion is still normal and the price of bitcoin is still high, there is no drastic decline, so be patient and hold it is the right choice at this time.

We do let bitcoin moves as it is, we are just here excited to witnessed that bitcoin may break its own ATH record with anothe ATH for this week or before the month of March end.

[Smitty Werben Man Jensen]

Bitcoin should break from $ 58000, because $ 58000 is a strong resistance level for this mid term,
if Bitcoin is able to breakout and stays above $ 58k, my suggestion is Buy !, because $ 60k and even $ 70k can be reached,
so far Bitcoin is still bullish so keep an eye on Of course, if it's below $ 48k the bears will take over, so be careful.

[jostorres]

Another question to be thrown now is " Will bitcoin can reach back to 60k this week?"

we have fell down since week ago and there is no sign of breaking the top again, I was hoping of another ATH at least before the first quarter of 2021 ends?

practicality wise to happen because 75,000$ is on the corner.

That place is very possible, with how Bitcoin supporters keep holding and not to let the downfall to go that deep.

Currently it's moving up a little it's really nice to see that even there's some corrections it manage to keep this

level and not to allow to fall that hard. More or less we only have one more  month before the first quarter

still strong after this huge jump up.

I think it is quite obvious that people are worried about that 60k price, because psychologically we failed to break that few times and that is why I understand that it may not be as simple as you might imagine. Normally there are some prices that we break very easily without a worry, like for example 50k, we never had problem breaking over 50k, we broke over it and went under it and broke over it few times and that is why we know that is not a problem.

However 20k was hard for example, and 40k was a bit hard too, and looks like 60k is a bit hard as well. I think it is quite obvious that we should be careful about this and we should be doing our research into how and why it is so hard. But if we managed to break all other prices, that means we are capable of breaking this price as well, there is nothing wrong with that and I support it completely, just because we have hard time doesn't mean we won't be able to.

[Dollar_Hunter]

looks like it will be difficult, because there is a strong resistance between $ 57,000 to $ 58,000,
it seems that now the price of bitcoin is breaking down and it's hard to go up even though there is good news from Elon Musk,
but it can't make the Bitcoin price breakout, most likely it will dive even deeper, I'm still waiting at levels below $ 50k

[tabas]

Bitcoin should break from $ 58000, because $ 58000 is a strong resistance level for this mid term,
if Bitcoin is able to breakout and stays above $ 58k, my suggestion is Buy !, because $ 60k and even $ 70k can be reached,
so far Bitcoin is still bullish so keep an eye on Of course, if it's below $ 48k the bears will take over, so be careful.

After it has go back to $57k for a while, bitcoin got a dip again at $54k and it's very likely that it will drop some more on its price. It's still bullish though despite the announcement of Tesla's acceptance for bitcoin payments.
The effect of it was fresh yet quickly released and gone.

[LUCKMCFLY]

looks like it will be difficult, because there is a strong resistance between $ 57,000 to $ 58,000,
it seems that now the price of bitcoin is breaking down and it's hard to go up even though there is good news from Elon Musk,
but it can't make the Bitcoin price breakout, most likely it will dive even deeper, I'm still waiting at levels below $ 50k

The resistance is evident, but when we look at the daily chart, it has a strong trading life in purchases, although it goes at $52k, the volume clearly speaks for itself, in this case when I look at the chart by tensorcharts.com the volume gives me this information:



It is in red, it means that the trend for today starting is being more sales than purchases, when taking a closer look at trading orders around $49k, this information only for the Bitfinex Exchange, but it gives me an idea of the general behavior of the market. Even despite all this, I think it is very likely that if it reaches $60k, taking into account that it is possible to eliminate the offer in this price range, when it is around $ 60k it will break and continue its bullish path.

[STT]

I think it needs more time to digest before we speculate higher, very good rise recently but that was both meeting 50 day average and getting some buys from that prior measure of a bottom but also we head into a weekend which helps cease any further negative externally due to closed markets.    Next week is holiday week with some days off which I think means we dont especially sell for now, I'd say sideways overall rather then grand movements up or down.   The rise is good trade but volume is a bit lacking from what I've seen, i think we repeat recent action before any greater decision to judge strength and longer estimates should be taken.

[Saisher]

60K or 50K?

It could go either way as I'm writing this Bitcoin is at $56k the support is very strong there was an indicator that it will go to the $50k level or lower but there's a big rally before the end of the week, so we are in the $56k level, before the start of the month was expecting to hit over $60k,but nevertheless I have a strong believe it will go to the $60k mark this year.

[tabas]

I have a strong believe it will go to the $60k mark this year.

It's definitely going to be back any time or any month that's coming. It's $56,500 and if we're going to see it hard again stepping into the price that's being desired by many of us, that's also possible to happen. But we're all hoping that it would be easier this time as we've been into corrections again that's very necessary to happen for it to cross and be back to $60,000.

[Baofeng]

I have a strong believe it will go to the $60k mark this year.

It's definitely going to be back any time or any month that's coming. It's $56,500 and if we're going to see it hard again stepping into the price that's being desired by many of us, that's also possible to happen. But we're all hoping that it would be easier this time as we've been into corrections again that's very necessary to happen for it to cross and be back to $60,000.

Yeah, I don't see bitcoin having a pullback again, it seems that everything has settled down, it's moving on positive direction so I'm expecting it to cross $60k maybe mid next week as usually trading are very active that day. For this year? I'm expecting more, 6 digit mark is really the main target we have plenty of leg room to accomplished that, so let's see long term.

[WatchMaker]

60K or 50K?

In the last 3 weeks, the bitcoin price has reached the $60,000 mark twice. It's possible for the bitcoin price to breach the $60,000 mark once more before the end of the month of March. Many crypto market analysts were saying the bitcoin price could reach $75,000 to $80,000 before the end of the month of April 2021. The bitcoin price will get a massive boost from the Covid-19 intervention funds by the American government know as "Covid-19 Stimulus Package" up to $1.9 trillion-dollars.

https://www.nytimes.com/2021/03/07/us/politics/whats-in-the-stimulus-bill.html

[Fatunad]

60K or 50K?

In the last 3 weeks, the bitcoin price has reached the $60,000 mark twice. It's possible for the bitcoin price to breach the $60,000 mark once more before the end of the month of March. Many crypto market analysts were saying the bitcoin price could reach $75,000 to $80,000 before the end of the month of April 2021. The bitcoin price will get a massive boost from the Covid-19 intervention funds by the American government know as "Covid-19 Stimulus Package" up to $1.9 trillion-dollars.

https://www.nytimes.com/2021/03/07/us/politics/whats-in-the-stimulus-bill.html

Not really that a fan on following those analysts calls when it comes to price predictions or possible movement.When there's a breach then we cant determine if it can sustain or
would just basically be rejected off and we would be playing around below 60k price point which is the thing currently happening as of this moment.Playing around 53k-60k price
is something we can consider on consolidation mode.There are not possible big movements on next month to come but we know that there would be sudden
fundamentals or news that pops out from nowhere which would eventually spark out the entire market and can really possibly able to move the market.

[arufox]

60K or 50K?

First Point: you don't know and no one knows
Second point: Why ask something like this? If yes then what you want to buy now and sell it for fast profits?? Bitcoin is long term bro stop ask when when and when, just buy as much as you can
Third point: You won't regret if you holding it

[tabas]

I have a strong believe it will go to the $60k mark this year.

It's definitely going to be back any time or any month that's coming. It's $56,500 and if we're going to see it hard again stepping into the price that's being desired by many of us, that's also possible to happen. But we're all hoping that it would be easier this time as we've been into corrections again that's very necessary to happen for it to cross and be back to $60,000.

Yeah, I don't see bitcoin having a pullback again, it seems that everything has settled down, it's moving on positive direction so I'm expecting it to cross $60k maybe mid next week as usually trading are very active that day. For this year? I'm expecting more, 6 digit mark is really the main target we have plenty of leg room to accomplished that, so let's see long term.

It could be this week, bitcoin just crossed $59k again but having a little pullback to $58,500 - $58,900. That's very encouraging but just for safety assumption.
Yeah, could be next week and early as the end of this week. I hope so.

[AmoreJaz]

I have a strong believe it will go to the $60k mark this year.

It's definitely going to be back any time or any month that's coming. It's $56,500 and if we're going to see it hard again stepping into the price that's being desired by many of us, that's also possible to happen. But we're all hoping that it would be easier this time as we've been into corrections again that's very necessary to happen for it to cross and be back to $60,000.

Yeah, I don't see bitcoin having a pullback again, it seems that everything has settled down, it's moving on positive direction so I'm expecting it to cross $60k maybe mid next week as usually trading are very active that day. For this year? I'm expecting more, 6 digit mark is really the main target we have plenty of leg room to accomplished that, so let's see long term.

It could be this week, bitcoin just crossed $59k again but having a little pullback to $58,500 - $58,900. That's very encouraging but just for safety assumption.
Yeah, could be next week and early as the end of this week. I hope so.

very likely that we will see again the 60k. i guess, we don't need to wait for months on this price level. it is like at the tip of our fingers. and the good thing - a lot of companies are showing positive interest on bitcoin or crypto in general.

has anyone read lately about MJ joining the $305M Dapper Labs investment .  NFT markets are growing. soon, we will see these top sports athletes creating their own NFTs.

[tabas]

It could be this week, bitcoin just crossed $59k again but having a little pullback to $58,500 - $58,900. That's very encouraging but just for safety assumption.
Yeah, could be next week and early as the end of this week. I hope so.

very likely that we will see again the 60k. i guess, we don't need to wait for months on this price level. it is like at the tip of our fingers. and the good thing - a lot of companies are showing positive interest on bitcoin or crypto in general.

has anyone read lately about MJ joining the $305M Dapper Labs investment .  NFT markets are growing. soon, we will see these top sports athletes creating their own NFTs.

We don't have to wait for months, it's just less than $1k away and we're going to be on it again. With the good news that lately came, that will push the price of bitcoin back to that ATH that we've waited.
Haven't heard of that news but that's quite interesting about NFT because it's really becoming popular just as the ICOs before.

[elisabetheva]

Bitcoin should break from $ 58000, because $ 58000 is a strong resistance level for this mid term,
if Bitcoin is able to breakout and stays above $ 58k, my suggestion is Buy !, because $ 60k and even $ 70k can be reached,
so far Bitcoin is still bullish so keep an eye on Of course, if it's below $ 48k the bears will take over, so be careful.

This year is still a year of improvement for crypto, if bitcoin is currently in the $ 50K- $ 57K range is certainly a way for bitcoin to provide an opportunity for altcoins to get an upgrade even to reach ATH, because last year altcoins lagged behind. .
all of these are currently receiving increases that will be welcome as the crypto situation is improving.

[STT]

Just falling below weekly average right but still above 2 day average.   Its easy for it to waver back and forth but if it fails both I'd take it as some negative condition.




Lows at 57.5k I think mark a harder border to measure it by and 60k was the recent high if exceeded would make it a bit more bullish.   I think people want to 60k as a low point not a peak by now and BTC price action is still capped in aspirations

[yohananaomi]

It can be happened or not but my strategy says that the level to watch is $58250$. If the Bitcoin price is getting higher than it, the massive change may be seen within a short time. Then Bitcoin will be super duper bullish as we can hope for new ATH too. Time will decide what will be happened as per market demand.

in fact, if the prediction that bitcoin will continue to increase until the end of this year seems like many have predicted that, and I also believe when looking at the past halving, where at the end of the year there will be a sharp increase.

let it be that currently bitcoin is stable in the range that he is currently doing, all for the purpose of having the ability of altcoins to increase first, because altcoins lagged behind when bitcoin rose sharply last year.

because we hope that many altcoins will get their ATH so that this will excite the bounty which has been lonely because altcoins are not exciting, let alone new altcoins. maybe with the stability of bitcoin there is a chance that altcoins will increase.

[STT]

Its reversing back a bit at the moment.   I wonder if that means we move to larger tests of the trend and so on.   I dont think we are plain sailing just yet, a tweet isnt enough to move price properly imo



I only do bigger charts with actual time on there when its serious, thats how you know :p

[Zemomtum]

If BTC should close above 60k this week, then we should be eyeing 70k coming next week and 80k probably before the end of the month. I don't see this bull run ending anytime soon

[Ewox]

Bitcoin just reached $60k recently and people are eyeing for Bitcoin to reach a new ATH again within the month. But I feel like it’s backing up its price again, but I hope to it won’t dump to like half of its current value now. People might panic and would for sure sell most of their assets, good thing for some so they are able to buy back again Bitcoin at a lower price; bad for some and for those who bought Bitcoin at around $40-$50k if it’ll really dump half its value now.

[plr]

If BTC should close above 60k this week, then we should be eyeing 70k coming next week and 80k probably before the end of the month. I don't see this bull run ending anytime soon

I'm waiting for the price to reach $60k so we can start supporting the $70k level just like what we've done when Bitcoin is struggling to reach $50k, expect a lot of threads and discussion on $70k after we bridge the $60k level I hope there will no issues on dip which many people always thought of the start of bear trend.

[TheGreatPython]

Bitcoin just reached $60k recently and people are eyeing for Bitcoin to reach a new ATH again within the month. But I feel like it’s backing up its price again, but I hope to it won’t dump to like half of its current value now. People might panic and would for sure sell most of their assets, good thing for some so they are able to buy back again Bitcoin at a lower price; bad for some and for those who bought Bitcoin at around $40-$50k if it’ll really dump half its value now.

I think it is bad for everyone, I understand that there could be some people who hope for buying it low and getting richer when it goes up. However when a crash happens and it drops there are two type of situations that doesn't help people who want it to go down so they can buy cheaper. One of them is the fact that when there is a big crash it takes time for it to go back, remember how we were 20k and then dropped to 3k and when it reached back to 20k that was like 3+ years later, and that is why it is not easy to buy at the bottom and waiting.

Secondly many people who say they will buy if it crashes ends up seeing bitcoin as a dangerous thing when it starts to drop that much, I mean there is no way to know what they will think, if you see bitcoin going from 60k to 10k instead of buying at cheap, you may fear and get scared and decide not to buy.