It's not the end, $60k again

[Marvelman]

Yeah multiple times now that Bitcoin breaking 60k and then falling down to 58k again and I doubt that if we will not break that 62k $ surely the value will fluctuate again.

I believe bitcoin has just broke into new territory... $60k is now a support line. It is still early this bull run, it will break new territory at some point this year. The way bitcoin is now, I don't believe this bull run is over by any means, as I believe there is still potential to see it hit $70k and above in 2021. However, until a clear break of the support line is observed then I see no reason to initiate a sell strategy.

[Scripture]

Your title is not the end, Really who says it's the end?? You should know that bullrun still early and based on the history, we will in the bullrun season until the end of the year, so you should stop to become panic and weak. You should strong and buy Bitcoin and altcoin as much as you can, I see a lot of correction of Bitcoin but I never say it's the end

Another bounce is happening right now and Bitcoin value is once agin above $60K, you should stop panicking if

you don't want to missed your opportunities and also not lose your money, buy and collect those coins that you

think may have a good potentials together with your Bitcoin investment. Lots of oppotunities just asess and make

sure to keep your patience high.

Despite of those predictions about Bitcoin being on a consolidation mode and altcoin season will take place, Bitcoin still prove to us that he's the king and he can dictate the price of the market at an instant so I this is not the end yet because the bull run will continues same thing with the altcoins. We have no reason to panic, the market is still good but we have to be always ready for the corrections, because it can't be stop.

[sunsilk]

If the target is $100k then $59k-$60k is a good price to get in. There will be some doubts that it could go higher if people think that $61k was the top that bitcoin can ever reach. But if we compare to the other past levels that we've met.

We've thought of the same thing that it was the peak that bitcoin can do. The market has just reached $2T in the market cap itself and this is just another milestone that shows that we're on the train that's not going to stop anytime soon.

I can't talk about global prospects, but given how governments flood all markets with liquidity, we can assume that everything will continue to grow (both bitcoin and the stock market). One has only to remember that sooner or later the reverse phase of this phenomenon will come and at this moment all markets will fall.  A real hodler can just wait it out, but the ideal version of which all investors want is to sell at the maximum price and then buy it back cheaper.

You're actually right with the growth for both markets and just recently there's a record high for both of them. For stocks, it has reached a $90-T market cap. Whilst for crypto, $2T for its entire market cap.

I'm preparing myself if ever that time comes that this high would stop and a massive correction would come. But from the looks of itself, that doesn't look happening anytime soon but if it will do, another time to endure all of the red days again in the market and time to stack some more sats.

[Lanatsa]

Yeah multiple times now that Bitcoin breaking 60k and then falling down to 58k again and I doubt that if we will not break that 62k $ surely the value will fluctuate again.

I believe bitcoin has just broke into new territory... $60k is now a support line. It is still early this bull run, it will break new territory at some point this year. The way bitcoin is now, I don't believe this bull run is over by any means, as I believe there is still potential to see it hit $70k and above in 2021. However, until a clear break of the support line is observed then I see no reason to initiate a sell strategy.

You cant say that it is already the new support line basing of on the movement that it could still go below $60k but somewhat it doesn't able to go dip down that much
and do only hover in small gaps in 60k price point which I do somewhat agree for this possible next support.

For now lets wait for some breakout on 60k price and hover in 65k level to call it the new floor but for now the price seems a bit stabilized with these levels

which is actually a bit hard to make out positions when you do make out short trade.Price could possible correct into this area.

[Shasha80]

Seeing Bitcoin's performance in recent days which is quite stable at the price of $ 60k, this should be a good sign and the Bitcoin price could
go even higher. I believe that by the end of this month Bitcoin will reach a price of $ 70k, so don't be in a hurry to sell the Bitcoin we have now.
Very sorry if it is true that the price of Bitcoin can go up as predicted by many people and we decided to sell it at the current price.  If we want
to buy Bitcoin now, it doesn't really matter, but it is wiser to buy Bitcoin when the price of Bitcoin is high. This means that buying Bitcoin can be
done in stages, in case the Bitcoin price suddenly falls, even if it is very small it could happen.

[TravelMug]

Yeah multiple times now that Bitcoin breaking 60k and then falling down to 58k again and I doubt that if we will not break that 62k $ surely the value will fluctuate again.

I believe bitcoin has just broke into new territory... $60k is now a support line. It is still early this bull run, it will break new territory at some point this year. The way bitcoin is now, I don't believe this bull run is over by any means, as I believe there is still potential to see it hit $70k and above in 2021. However, until a clear break of the support line is observed then I see no reason to initiate a sell strategy.

We will have to see it first, the last time we broke into $60k++ territory, it didn't hold that much. So it's hard to say that $60k will be the support line as the price is fluctuating and I saw that it dip to $59k. I hope that this week will be a good rally and will see the price above $60k and a new all time high.

But it seems that we can't breach above $60k and on the contrary many are selling. Although it's hard to see the price somewhat stabilising in this region, I'm sure that another break out run will happen sooner or later.

[rhodelmabanal]

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?

I think it is still a good time to buy some more, for me i see that bitcoin price continue to rise and i believe that 100k$ at the last quarter of the year is posible, so i want to buy more for i believe that i can still earn on the last quarter. But it still depends on the investors if they will trust and buy some or not.

[Kittygalore]

If bitcoin prices stay at 60k mark for a week, I am pretty sure that it will reach 70k mark real fast like what it did when it was around 20k, it glided at 30k and then a resistance at 40k and then a glide at 50k and so on.

[FanEagle]

If bitcoin prices stay at 60k mark for a week, I am pretty sure that it will reach 70k mark real fast like what it did when it was around 20k

It is already testing $63 marks hence we can expect to breach $70 marks within this week. Yeah, it is really moving fast but in percentage wise, it must be usual movement; an asset with $60k price level moves 5% a day means which will cover at least $3k movements and that seems too faster for all of us.

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.

$100k marks seems a definite target for right now but the real concern would be what would be the price range by the end of this year; because usually by year end, bitcoin markets set its ATH for next 3 years or until next halving. So, I am curious how far this bull run will reach.

[FanEagle]

If bitcoin prices stay at 60k mark for a week, I am pretty sure that it will reach 70k mark real fast like what it did when it was around 20k

It is already testing $63 marks hence we can expect to breach $70 marks within this week. Yeah, it is really moving fast but in percentage wise, it must be usual movement; an asset with $60k price level moves 5% a day means which will cover at least $3k movements and that seems too faster for all of us.

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.

$100k marks seems a definite target for right now but the real concern would be what would be the price range by the end of this year; because usually by year end, bitcoin markets set its ATH for next 3 years or until next halving. So, I am curious how far this bull run will reach. Like most other people speculate, I am also confident about testing $400k levels before end of this year. If we reach $100 within this April then $400 will be possible before end of this December.

[ultrloa]

If bitcoin prices stay at 60k mark for a week, I am pretty sure that it will reach 70k mark real fast like what it did when it was around 20k, it glided at 30k and then a resistance at 40k and then a glide at 50k and so on.

The $70k mark os quite possible as bitcoin is crazily doing an outstanding job right now and as of this moment many user still seeing a good trajectory interms of techinical alayzing for the future price so expect more from it as the target speculater price is $100k until the end of this year so hopefully this one will be achieved since bitcoin will make a noise again in mainstream if this will happen.

[Marvelman]

Yeah multiple times now that Bitcoin breaking 60k and then falling down to 58k again and I doubt that if we will not break that 62k $ surely the value will fluctuate again.

I believe bitcoin has just broke into new territory... $60k is now a support line. It is still early this bull run, it will break new territory at some point this year. The way bitcoin is now, I don't believe this bull run is over by any means, as I believe there is still potential to see it hit $70k and above in 2021. However, until a clear break of the support line is observed then I see no reason to initiate a sell strategy.

We will have to see it first, the last time we broke into $60k++ territory, it didn't hold that much. So it's hard to say that $60k will be the support line as the price is fluctuating and I saw that it dip to $59k. I hope that this week will be a good rally and will see the price above $60k and a new all time high.

But it seems that we can't breach above $60k and on the contrary many are selling. Although it's hard to see the price somewhat stabilising in this region, I'm sure that another break out run will happen sooner or later.

We seem to have had a breakout run even before I expected. I hope $60k support line will hold out this time.
I guess the price triggered Coinbas's Public listing, but I don't plan on selling because I don't think it's over yet. Everything looks good for now.

[cryptomaniac_xxx]

If bitcoin prices stay at 60k mark for a week, I am pretty sure that it will reach 70k mark real fast like what it did when it was around 20k, it glided at 30k and then a resistance at 40k and then a glide at 50k and so on.

How about the price not staying at $60k? It has move to a new ATH right now, $62k ang probably going strong as the trading starts on North America now. So this is going to be an exciting week for bitcoin traders. Don't short though in this rally, as for sure you will be rekt. So I'm expected a good momentum going to $65k-$70k at the end of the week or in the next 2 weeks or so.

[slaman29]

It seems to me that we should be guided not by Plan B, but by the real state of the economy around the world... As long as the printing press is printing dollars at the speed of light we will grow, as soon as the printing stops - most likely there will be a depression in all markets... But I believe in 100K, although I wouldn't buy now on resistance!

To be fair, I do believe that technical analysis simply looks at market factors, demand and supply and especially this stock to flow model only strictly looks at that.

But other economic factors of course play a part, and this will only help this model to become reality (when fiat value becomes low and people move to Bitcoin for example).

[Oasisman]

~snip~

How about the price not staying at $60k? It has move to a new ATH right now, $62k ang probably going strong as the trading starts on North America now. So this is going to be an exciting week for bitcoin traders. Don't short though in this rally, as for sure you will be rekt. So I'm expected a good momentum going to $65k-$70k at the end of the week or in the next 2 weeks or so.

I might say the same. Too early to go short. I can see the price keeps pushing beyond $62,000.
This might push beyond $65,000 or not more than $70,000. So, In my humble opinion it's safe to short at the middle of that range.
At this very moment Bitcoin has been flirting to $63,000, currently trading at $62,900+.
If there will be a good momentum that resembles the January to February bullish run, we might see an $80,000 Btc price.

[LUCKMCFLY]

The substantial increase today has been very large, many analysts are waiting for the price at $75k, I think the most difficult to overcome was the resistance at $60k, although it can be seen as a consolidation area to resist bearish attacks, perhaps a pool of liquidity that served the whales to lean on and be able to push the price to new price levels at this time.

In this article they show a possible scenario that could occur, they give a maximum up to $69k possibly.

If the bulls can drive and sustain the price above $61,825.84, the BTC/USDT pair will complete a bullish inverse head and shoulders pattern. That could result in a rally to the pattern target at $69,540. If the momentum sustains, the next target to watch out for is $79,566.

Source: https://cointelegraph.com/news/price-analysis-4-12-btc-eth-bnb-xrp-ada-dot-uni-ltc-link-xlm

Until today, a new ATH has been given: 63 287.88 USD

[wheelz1200]

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?

Shoeting into this bullring is crypto suicide.  Is there still time to get in..yeah for sure.  Will it go down from here sure it can but I dont think 62-63k will be the all time high ever.  This will at some point get to 100k and upwards so why not buy in now and just hodl and enjoy the ride.

[darewaller]

Shoeting into this bullring is crypto suicide.  Is there still time to get in..yeah for sure.  Will it go down from here sure it can but I dont think 62-63k will be the all time high ever.  This will at some point get to 100k and upwards so why not buy in now and just hodl and enjoy the ride.

That has been my case since about 20k and people still haven't caught up with it, most people did see that which is why we are at 60k but there are still so many people left who think that bitcoin is at peak point and it will drop from here. I just do not see how that is possible, I think it is not going to be that impossible to see bitcoin at 100k, that means nearly 40% profit and that is not something you can make in the fiat world, plus if you do some altcoins as well they could go up even higher.

Look at BNB for example, that was like 20-40 dollars only 2-3 months ago, right now it's nearly 600 dollars and that's just proof that if you can pick the right coin and invest, you could literally make enough money to change your life, not enough that you will never have to work again (depending on your capital) but a 10x to 20x increase in your portfolio would definitely change your life.

[AliMan]

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?

It's not a practical idea when we're at the tip of price spikes, because I feared that we will be lost on this point. That's too risky specially when there's a possibility that day traders would have to play during fluctuations. That scenario is beyond our control, but when demand continues to grow I think that current price would remain stable and I prefer to wait until price starts to go down before I get in.

[TravelMug]

Yeah multiple times now that Bitcoin breaking 60k and then falling down to 58k again and I doubt that if we will not break that 62k $ surely the value will fluctuate again.

I believe bitcoin has just broke into new territory... $60k is now a support line. It is still early this bull run, it will break new territory at some point this year. The way bitcoin is now, I don't believe this bull run is over by any means, as I believe there is still potential to see it hit $70k and above in 2021. However, until a clear break of the support line is observed then I see no reason to initiate a sell strategy.

We will have to see it first, the last time we broke into $60k++ territory, it didn't hold that much. So it's hard to say that $60k will be the support line as the price is fluctuating and I saw that it dip to $59k. I hope that this week will be a good rally and will see the price above $60k and a new all time high.

But it seems that we can't breach above $60k and on the contrary many are selling. Although it's hard to see the price somewhat stabilising in this region, I'm sure that another break out run will happen sooner or later.

We seem to have had a breakout run even before I expected. I hope $60k support line will hold out this time.
I guess the price triggered Coinbas's Public listing, but I don't plan on selling because I don't think it's over yet. Everything looks good for now.

And again, bitcoin proves me wrong, I thought that we are somewhat staying in the $59k-$60'ish. But then again we have some good news that put the price to a new all time high again and another break out run ensures.

Of course, no plans or selling either, we will have to get to 6 digits first and see if the market continues to grow. So better be just a long term holder, buy in dips if you have some funds just lying around. And as I have said before, look for the long term. As we might see this year and the next couple of years around $200k++.