Will Bitcoin get back to 60K this week?

[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.

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[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.