Bitcoin Heading to $70,000

[Tessnik]

the way bitcoin have retained it stand around 50k is a momentum signal to the next price target and with this September being a viable month for cryptocurrency as bitcoin become a legal tender of a country El Salvador which is the first in history since bitcoin creation over a decade ago.

I predict a $70,000 bitcoin price before the end of this month of September.

[Pulsar77]

Breaking the $50k resistance again was absolutely a signal for Bitcoin price to start going up again. And here we are seeing it! The price reached nearly $53k in the last 24 hours. If this pace goes on, maybe in one week at worst, we will see the $55k level. And at the end of the month, I think that the $60k level is quite achievable considering the recent movements. In October, we may see a new ATH first and a bull run after that I believe. After the bull run starts, the price can even reach $100k target late December.

[Wiwo]

Even though Bitcoin is unpredictable but reaching $70k within a month can be hard to be achieved that is almost 20k gained within that time frame. 60k Bitcoin price is still achievable but not 70.

[mk4]

Oh god the bull posts are back.

On another note, I'm slightly surprised that I haven't seen enough press coverage concerning El Salvador's bitcoin legalization, and the fact that a freakin country bought bitcoin.

[Spack17]

It seems not very possible for me to witness $70k level until the end of this month. Bitcoin will have a difficulty in breaking the resistance levels as there is still no bull run. People will have a big role at this point also. Because as demand increases, it effects the price to be able to break resistance levels one by one also. My highest expectation from this month is to see $60k. It would still be okay for me as we are still not in a bull market.

[MrcMrc]

The possibility of Bitcoin reaching 70k at the end of September is not there, if you study the market closely you discover that after every 10k price increase there is always a long time of resistance and even possible price corrections downward before it will gradually pick again. I don’t see Bitcoin making that much gain in September I predict a more stable market throughout this month.

[tokeweed]

The uptrend has been jinxed.  I blame this thread!  Lolol.    ...  Anyway, does anybody know any news or what’s going on or is it just the trading god wanting to torture us again.  Everything is red atm..  Except for of few alts which will be red soon.

Edit:  Open BTC chart and listen to this:  https://www.youtube.com/watch?v=tFWy17DCqBo

[fortunecrypto]

the way bitcoin have retained it stand around 50k is a momentum signal to the next price target and with this September being a viable month for cryptocurrency as bitcoin become a legal tender of a country El Salvador which is the first in history since bitcoin creation over a decade ago.

I predict a $70,000 bitcoin price before the end of this month of September.

Anyone and everyone can predict but prediction should be based on how the market moves $70k is quite unrealistic based on how the market moves and September is a weak months based on market history, we're lucky if it reaches $60k checking the price now
$47,892.64 7.25% down by 7.25% but I expect it to regain and bridge the $50k level again.

[GeorgeJohn]

The possibility of Bitcoin reaching 70k at the end of September is not there, if you study the market closely you discover that after every 10k price increase there is always a long time of resistance and even possible price corrections downward before it will gradually pick again. I don’t see Bitcoin making that much gain in September I predict a more stable market throughout this month.

People just feel like to discuss or portray anything they feel like to discuss, because at early today bitcoin was at range of fifty thousand (50k) but later bitcoin went back to forty four thousand (44k) but right now bitcoin is at forty six  thousand (6k) so base on the movement of bitcoin it's not predictable, you might see btc climb to seventy thousand as people are emphasising but within a minute it goes back to something you can't expect or believe, so their is no assurance of increment or domination.

[AmoreJaz]

the way bitcoin have retained it stand around 50k is a momentum signal to the next price target and with this September being a viable month for cryptocurrency as bitcoin become a legal tender of a country El Salvador which is the first in history since bitcoin creation over a decade ago.

I predict a $70,000 bitcoin price before the end of this month of September.

Anyone and everyone can predict but prediction should be based on how the market moves $70k is quite unrealistic based on how the market moves and September is a weak months based on market history, we're lucky if it reaches $60k checking the price now
$47,892.64 7.25% down by 7.25% but I expect it to regain and bridge the $50k level again.

and as we speak, it is now down again to $45737 according to coindesk's price. after hitting more than 50k for few days, we are now going back again. so heading to 70k? i dont think so as well. but you know in this market, after everything we've been thru, market direction sometimes surprises us with unexpected twists and turns. 70k may happen but imo, not yet this month. we need to achieve the 60k level again and for that to happen we need more tangible news related to btc.

[rincoeng1986]

The possibility of Bitcoin reaching 70k at the end of September is not there, if you study the market closely you discover that after every 10k price increase there is always a long time of resistance and even possible price corrections downward before it will gradually pick again. I don’t see Bitcoin making that much gain in September I predict a more stable market throughout this month.

People just feel like to discuss or portray anything they feel like to discuss, because at early today bitcoin was at range of fifty thousand (50k) but later bitcoin went back to forty four thousand (44k) but right now bitcoin is at forty six  thousand (6k) so base on the movement of bitcoin it's not predictable, you might see btc climb to seventy thousand as people are emphasising but within a minute it goes back to something you can't expect or believe, so their is no assurance of increment or domination.

yes right, in one minute bitcoin can go down is very impractical. from $52k bitcoin back to $44k. how can we predict if bitcoin can penetrate $70k at the end of september. need a lot of fuel to get through $70k in the next 25 days. I don't think it's possible to break $70k at the end of September, because market conditions are very fragile and difficult to predict.

[tomahawk9]

the way bitcoin have retained it stand around 50k is a momentum signal

momentum aaaaand its gone...we're below 50k now, currently sitting at 46.9k...what's this signal called?  

The uptrend has been jinxed.  I blame this thread!  Lolol.    ...  Anyway, does anybody know any news or what’s going on or is it just the trading god wanting to torture us again.  Everything is red atm..  Except for of few alts which will be red soon.

whales trying to fuck with the news about El Salvador making btc legal tender today? *takes off his tin foil hat* but seriously, it's certainly not a coincedence. Biggest price drop in months. This sucks, ffs!!

[jossiel]

Will it be?

After sitting for a couple of days above $50k then it surprisingly dropped to $46k. That's a lot of discount for those who are waiting for it to drop somehow.

But with the possibility of heading to $70k, it's huge with this correction, recovery has to happen and it might go back with a higher price.

[pealr12]

The uptrend has been jinxed.  I blame this thread!  Lolol.    ...  Anyway, does anybody know any news or what’s going on or is it just the trading god wanting to torture us again.  Everything is red atm..  Except for of few alts which will be red soon.

Edit:  Open BTC chart and listen to this:  https://www.youtube.com/watch?v=tFWy17DCqBo

Definitely got jinxed, lol, I don't know if we are already facing the correction everyone speaks about, I was hoping with the El Salvador btc adoption news that the market will be extremely bullish but it is a bit confusing to see a slight crash instead of a pump, perhaps the whales are at it again.

[Sanitough]

the way bitcoin have retained it stand around 50k is a momentum signal

momentum aaaaand its gone...we're below 50k now, currently sitting at 46.9k...what's this signal called?  

It's called manipulation, and I'm not certain if bitcoin will continue its uptrend as that major sell up really cause some big panic.

The uptrend has been jinxed.  I blame this thread!  Lolol.    ...  Anyway, does anybody know any news or what’s going on or is it just the trading god wanting to torture us again.  Everything is red atm..  Except for of few alts which will be red soon.

whales trying to fuck with the news about El Salvador making btc legal tender today? *takes off his tin foil hat* but seriously, it's certainly not a coincedence. Biggest price drop in months. This sucks, ffs!!

Don't be surprised, just one of the ordinary days in crypto, we've seen in the past already, so there's no reason for us to be surprised again.
That's what Whales can do, and if we think it will not happen again, we should think twice.

Now, the next movement is very crucial.

[KennyR]

People have got an opportunity to make a buy/invest on few of the top cryptocurrencies. Right now the market seems to be under correction. For the next few days time we can expect the price of bitcoin to stay above $40k and below $45k. As $65k is already reached, $70k isn't far apart. Based on the positive news around relative to bitcoin we can expect bull trend on the market, by which $70k gets crossed.

[btc_angela]

the way bitcoin have retained it stand around 50k is a momentum signal to the next price target and with this September being a viable month for cryptocurrency as bitcoin become a legal tender of a country El Salvador which is the first in history since bitcoin creation over a decade ago.

I predict a $70,000 bitcoin price before the end of this month of September.

Not so fast, as the market plummeted, or shall we say another flash crash to $43k after the El Salvador news. So your prediction of $70k might wait for a bit.

So far the price stood @$46k, so obviously, below the big mental barrier of $50k. Nevertheless, time to buy bitcoin again specially if you think that the price can hit $70k or even more at the end of the year. So this is golden opportunity and don't look at the crash as something negative, take advantage of it.

[ILuckyGuyI]

It looks like Bitcoin is not heading to $70k or even $60k now.    To be honest, I had zero expectation from Bitcoin price to fall this much down. It literally shocked me. Thankfully, the price stopped falling when it reached $43k. If we saw a level below $40k again, it would have been even harder to witness it recovering. I wonder whether this would be a preparation phase for the next bull market. We will find out later I guess.

[proudhon]

Bitcoin Heading to $70,000

Doesn't look like it to me.

[Johnyz]

Unfortunately, the price dumps that much today and nobody sees this one since the good news from El Salvador started today so many are anticipating for the price to go up, well this is how the whales work and let's see if we can recover again this or this will take more months before we stay above $50k and used that as the new support level, for now I wont panic.