It's not the end, $60k again

[LUCKMCFLY]

The bullish movement occurred, perhaps now they are testing the supply at these price levels, the bears these movements are making the bears very expensive.

Although it has been testing and correcting gently, Bitcoin price has been trading between $55,000 USD and $59,000 USD unable to break above the $60,000 USD mark after it saw the level in its recent surge to an all-time high. Now, however, the token saw a bullish move upwards to pass $61,000 USD before falling slightly back to $65,680 USD.

As Alex Saunders put it: “Bitcoin is about to Bitcoin” meaning it’s he believes the cryptocurrency is ab0ut to blow up in a fresh rally again:

Source: https://www.coininsider.com/bullish-move-bitcoin-price-spikes-above-60000-usd/

Even so, the hopes that Bitcoin will be bullish in the short term, and that a sustained bullish rally may be triggered, that is, it is very likely that this time the bullish trend will last much longer, it may be about to live new highs.

[Lucius]

After reaching ~$62000, BTC had a pullback and now again it got backed to $61k again.

Is this something new, unexpected? I don't know if anyone counts how many times the price crossed $60k and bounced back (5-6 times since the beginning of the year?), and maybe the same thing will happen a few more times, who knows... It's really unusual for me that you mention some end, and in fact we just came out of Q1, which will be remembered for the fact that the big players started to invest seriously in BTC - luckily for all of us it took them 10 years to figure it out

What do you think? Is it still a good time to get in?

It's always a good time in the long run, and I'll say it may not be the best for those who dream of making x10 returns on their investment - although some are talking about $400k and even more by the end of this year. The ideal time to invest is always before halving, because it is followed, as a rule (for now) by a very successful period lasting from 1 to 1.5 years.

The problem for most crypto investors is that they only want a quick profit, look for opportunities in altcoins and very easily fall under the influence of FUD. What else can I tell you except to learn from the past, if you do not want to repeat the mistakes of those investors from 2017/18.

[Ludmilla_rose1995]

....
Is it still a good time to get in?

Before the end of the year, it is not too late to get in so as not to miss the train. If you look at $ 60k today, then at the end of the year you will see $ 100k. Even analytics experts predict over $ 150k. Although I am not very sure about their predictions, however, I still believe that by the end of the year it will touch $ 100K.

[The Sceptical Chymist]

What do you think? Is it still a good time to get in?

I would not normally say this when bitcoin (or any other asset) is at its all-time high, but I actually do think now would be a good time to be buying bitcoin.  Why?  Because I don't think the big bull market we've been in for a year is anywhere near over yet.  I'm not sure how much profit there is left to be made for short-term traders, but I think bitcoin is eventually going to go much higher--probably $100k, although I wouldn't venture to guess the time frame in which that's going to happen.

I was a little bit surprised when I woke up and checked the price and saw bitcoin was above $60k.  I guess I shouldn't have been, since it wasn't that far away when I went to bed, but I figured that it might linger in a tight range below $60k for a while before going higher.  So once again my predictions mean nothing.  Pretty sweet!

[Dewi Aries]

After reaching ~$62000, BTC had a pullback and now again it got backed to $61k again. Many have shorted at this price, I had too (long ago). But it doesn’t seem stopping anytime soon. If I can remember, @100trillion twitter account posted few times that we are very early stage of the bullrun. We may see a huge bull of another few more months, very likely this whole year. If he is true (till now, he is very true), I think we will soon see the $100k mark.
What do you think? Is it still a good time to get in?

If people really confident about next bull run in bitcoin price, i think it is worth to buy it. I mean, for me maybe this price is already high, so to buy again i will think twice or maybe just hold what i already have. Because i can't make any analysis and only know buy and sell my bitcoin when it is profitable to me.

[$crypto$]

It will always be. I believe it is not the end of the run, in fact, Bitcoin is expected to show good movement this April and it does. Finally, after a couple of weeks of resistance around $57k-$59k is now broken reaching a new ATH is bound to happen any moment.  A lot of people also believed that Bitcoin would reach the $100k mark and I think it is possible because there are still few institutions are accumulating, this will push Bitcoin at the top so keep holding your stash it will surely be rewarding.

Surely every month bitcoin will experience a good increase, this shows that ATH will continue to be achieved as high as it is because from the beginning of this year bitcoin has experienced an idealistic development even though there are often obstacles to the resistance shown.

Well, it will very likely see the Q1 has hit 60k so the grip should be tight with a lot more benefits with considerable potential I think its holding time is longer with maximum length.

Have seen many important people, it can be said that with predictions above 100k, maybe this will be a real sign? If we are sure do it with a firm grip.

[peterpanda]

Actually every time is preferable for bitcoin. If we avoid now then we will suffer later. We are still waiting for $100k mark and I think it is not far away if we support bitcoin by holding. It is open to enter the market for anyone whatever the price is.

[STT]

This is a pullback to 50% retracement of the move so far so relatively bullish still with profit taking.    Takes a while for price action to digest whats occurred and we'll see how strong it is vs daily bars and weekly which are the real measure of larger money, main markets etc.

[Rengga Jati]

After reaching ~$62000, BTC had a pullback and now again it got backed to $61k again.

The bullish trend is still ongoing. After being stuck and drop for several moments finally BTC could reach its higher rate again. Although it is lite bit decreasing right now (at this time $59,685.69), I am pretty sure that it will rise back again.
I personally always take profits of several percentage increase from Bitcoin .. . 

[ene1980]

Before the end of the year, it is not too late to get in so as not to miss the train. If you look at $ 60k today, then at the end of the year you will see $ 100k. Even analytics experts predict over $ 150k. Although I am not very sure about their predictions, however, I still believe that by the end of the year it will touch $ 100K.

Whenever you invest something all you need to know is that you cannot trust these analysis over a period of time and anyone can predict a valuation for the long term and even you can do that and have a time stamp and later on you can also claim that you predicted those valuations well before it touched those. The fact is that we are not having that much data available to make a huge data on the market as it is still fairly new.

By the way the market might rally further but i am not comfortable in investing right now and i would rather wait for a year to see the market direction as the market cannot keeps on rising all the time.

[Ridwan Fauzi]

Since bitcoin price touched $62.000 as its new all time high we haven't seen a huge decrease from its price movement. The market movement just make a sideaway market and I have ever made a wrong prediction that the sideaway market will be more impartial to bearish market but I was wrong.

In fact, bitcoin is increasing again and now its price has touching $60.000 again. And yeah, as many people hope and some expert prediction as well bitcoin price movement could reach to $100.000. This is the next all time high that could be reached. And I guess $100.000 can be reached at this year since we still in the same situation when bitcoin price started increase.

[Hamphser]

After reaching ~$62000, BTC had a pullback and now again it got backed to $61k again. Many have shorted at this price, I had too (long ago). But it doesn’t seem stopping anytime soon. If I can remember, @100trillion twitter account posted few times that we are very early stage of the bullrun. We may see a huge bull of another few more months, very likely this whole year. If he is true (till now, he is very true), I think we will soon see the $100k mark.
What do you think? Is it still a good time to get in?

There is a strong resistance on $60k mark or level which you can really expect that there would be some rejection or sell off into this level where we do most likely to have pullbacks or correction.

Try to look on the current price which we do play around 59k.If this price would able to held up for sometime then breaking or trying to breached out that 60k is likely to happen and might

shoot up to 70k.Lets not think about $100k mark or more, it would be much more better and preferred if we do assume up on on gradual phase than on big jumps.

[gbrendeh]

I don't see this current bull run taking any bow throughout this year and there is no time that is too late to get in as long it is not capital needed for the next 2 years. We are still in the early stage

[Twinkledoe]

I don't see this current bull run taking any bow throughout this year and there is no time that is too late to get in as long it is not capital needed for the next 2 years. We are still in the early stage

From my point of view, there is no right or wrong time to get in. As long as you will sell your coins higher than what you bought, you're all good. And with this current performance, I believe, bitcoin has still a lot in store for us. Just need to assess your timeline here, are you for long term or short term investments? How long can you hold your coins?

[michellee]

After reaches $61k-$62k, the price is down again and stable at $60k. That is a good news to us because finally, bitcoin price can back to $60k and I hope the price will not go down again but it will increase more and break $65k. If the price can really rise to that prediction price, it will attract more investor because they do not want to be late to invest in the bitcoin. The price will not just stop to the price now because sooner or later, the price will have another rally to break the new ATH.

Did it really reach $61k in the current rally (last 12 hours), because the highest I've seen is $60,900.

I don't think though that we are going to see a stable price of $60k, it's either to and continue to rally to $65k or we will see a slid again to a support of like $57k. So there's a lot of time to go and buy for long term. Hard to short at this kind of rally as obviously, shorting will get you rekt.

Yes, it is. In Binance, if I am not mistaken, it reaches $61,900 almost $62k. In Bittrex, the bitcoin price reaches $61,304. I do not know how much bitcoin price in other exchanges because we have many crypto exchanges and I am sure every exchange will have the highest price.

It will stable for a while in the current price or lower or higher but it will soon continue the rally to $65k. I think from now on, the price will start to increase slowly and stable, but we will see it later.

[Ararbermas]

We saw some pull back on the price of BTC because of some rumors about how long the growth rate will last after reaching the new resistance.. Ppl actually scared to stay , but it was a false speculation and look at it now which is exceeded on the predicted value..

 Of course it will not the end just like that, infact if we will focus long term investment in it for sure there's a big return as its keeps improving and always make a new ATH every year..  But just always remember to invest what amount you can afford to lose in order to have peace of mind..  

[pooya87]

There is no doubt that we are currently at the very early stages of the bull run and in fact when price is acting like this with a lot of pull backs behind an arbitrary resistance level (ie. $60k) while the trend is an accumulation trend, it proves that we are in the early stages of the bull run.

Other than that checking the history shows that price should reach at least $400k to be the same size as previous cycles, not to mention that each cycle grows in magnitude so price should technically go higher that that too.
Also seeing the adoption and how it has been growing over the past few months is another indication of the early stages of the bull run.

... and yet people panic sell

[buwaytress]

Me too, especially with the long week-end in some countries.
But it's not too late And let's see if the ATH will also hold.

The week may be indeed interesting, since I think that the last downtrend was somewhat unnatural, based on how much bitcoin is leaving the exchanges.

I almost forgot about the long weekend! Wonder if that had anything to do with it (not that holidays ever do, but you know when US and Europe sleep, the market kind of does too).

Looking better with every passing hour, but at the moment it's alts that are really moving strong in this current (especially the one I can't really bring myself to say that rhymes with "defy" heh.

Apparently miner outgoing flows also thinning so maybe it's all converging together right now!

[Fundamentals Of]

Even if you don't make a reference to @100trillion's twitter post, you could still foresee that the future of Bitcoin is still a lot bigger. You can easily do a rough math about the situation of Bitcoin right now, its growth pace, and the potential future it will have.

The world is not yet on Bitcoin really. It is not even 20% of the world's population yet who are into Bitcoin. And if you see that large institutions are already getting in, there's no reason the people won't do the same. We are still considered the pioneers and $60,000 Bitcoin is still very cheap.

[Oasisman]

What do you think? Is it still a good time to get in?

Yes, and I'm quite confident with that. Those predictions who says that Bitcoin is still at the early stage bullrun might be correct. If you notice, Btc didn't even touched below the strong support, instead it was stabilizing around $55,000 lately. We still have tons of positive news. Institutions still coming in to the market, companies and local governments are gradually accepting Bitcoin as a salary and payment for service.
So, with this news alone I could tell Bitcoin is heading to a 6 digit figure.