Bitcoin Heading to $70,000

[traderethereum]

With what happens to bitcoin now, it seems to reach $70,000 need more time unless big pumps are coming to the market before 20th September so the price can still increase and hit $70,000.
Hopefully, the price will be back to up to $50,000 in the middle of this month so the price will have a chance to reach $70,000.
But if that is about in the future, bitcoin price can increase to more than $70,000, no matter if that will happen before the end of the month.
You do not have to worry about the price. Just enjoy the ride while you have a chance to buy bitcoin at the current price.

The Tuesday dump happened not only to the bitcoin market alone, in fact, but almost all the cryptocurrencies market were also affected by it.

Am not worried about the price at all since am knowledgeable in crypto market volatility but what about those from El Salvador who just bought some Bitcoin on Monday and the price went down up to 10% what consolation advice can we offer them at this member as they newbies and have no knowledge and experience at the moment?

Hopefully, people from El Salvador are not afraid or worry about the dump and will buy more at a low price.
Yes, it is about how they can stay calm with the dump moment that happens in crypto and not panics but using that moment to accumulating more amount.
The crypto market can be like this until the middle of this month as the market seems to be not moving higher or lower and only sustain on that level price.
But I am sure the situation will change as soon as possible so we only need to wait for a while.

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[Dave1]

With what happens to bitcoin now, it seems to reach $70,000 need more time unless big pumps are coming to the market before 20th September so the price can still increase and hit $70,000.
Hopefully, the price will be back to up to $50,000 in the middle of this month so the price will have a chance to reach $70,000.
But if that is about in the future, bitcoin price can increase to more than $70,000, no matter if that will happen before the end of the month.
You do not have to worry about the price. Just enjoy the ride while you have a chance to buy bitcoin at the current price.

The Tuesday dump happened not only to the bitcoin market alone, in fact, but almost all the cryptocurrencies market were also affected by it.

It's obvious that when bitcoin dumps, the rest of the altcoin market follow suit, so it is more evident on the recent flash crash we have last Tuesday.

Am not worried about the price at all since am knowledgeable in crypto market volatility but what about those from El Salvador who just bought some Bitcoin on Monday and the price went down up to 10% what consolation advice can we offer them at this member as they newbies and have no knowledge and experience at the moment?

Simple, HODL and don't sell your bitcoin right away, yes it went down, but if you have patience, it can go back to $50k again and even higher before the end of 2021. So it's not consolidation advice, its the best advice. Maybe they want to experience bitcoin, but for those El Salvadorian who have been in crypto sphere, I doubt that they sell it right away when the price is going down.

[MiF]

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.

I also expect Bitcoin to reach up to 70k$ but if we put basis on the current market situation, i think it will not reach 70k$ at the end of this month, maybe end of October or first week of november is the best prediction. But we still need to listen to the upcoming news sometimes good news or bad news can have a direct effect on the current market situation.

[poldanmig]

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.

The price of bitcoin bitcoin in recent days has experienced a significant decline, whereas previously the bitcoin price had managed to break through the $52K price resistance and I also believe t the end of september the price could reach $70K, but unfortunately the sentiment was good when El Salvador who started adopting bitcoin was unable to made the price go up and even now the bitcoin price has dropped back to the price of $ 46K and I don't understand what caused the decline to occur, even though el salvador is a country in central America that became the first country to adoption bitcoin as a legal tender, what is it? no impact on bitcoin at all?

[Yaunfitda]

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.

The price of bitcoin bitcoin in recent days has experienced a significant decline, whereas previously the bitcoin price had managed to break through the $52K price resistance and I also believe t the end of september the price could reach $70K, but unfortunately the sentiment was good when El Salvador who started adopting bitcoin was unable to made the price go up and even now the bitcoin price has dropped back to the price of $ 46K and I don't understand what caused the decline to occur, even though el salvador is a country in central America that became the first country to adoption bitcoin as a legal tender, what is it? no impact on bitcoin at all?

It's because the El Salvadorian government give their people worth $30 of bitcoin it's not that this people are going to invest. So forget about El Salvador for now, I highly doubt that they are the reason for the flash crash. And with the price sitting at $46k, good indication that it has settled down at this price. But it's weekend so expect little trading volume. And let the market trade sideways for the meantime so that we can see more investors entering at this good price.

[zanezane]

It's likely to happen, I mean there's lots of stuff that can go on in the market and we're nearing December this year and we all know that the prices starts pumping during this months and it's the last quarter of the month and we could see good times in this last quarter, hopefully.

Hopefully we don't see anything change in December because as you've said, December is a really good month for crypto ever since but I wouldn't hold on too much on that part.

[OrangeII]

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.

let's hope that before the end of this month, the bitcoin price can rise to close to $70k. So far, and earlier this month too, I was thinking the same thing, that bitcoin price could hit $60k or more by the end of September. unfortunately, the price dropped, and it even touched $43k before finally rising back up to the $45k price. some price analysts say that if conditions improve, the bitcoin price could return to $50k, and shoot up to $60k. however, if the dump continues, we will most likely approach the price below $40k. let's hope there's something good at the end of this month

[Oasisman]

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.

Might be too early for that bullishness.
If you base your bullish prediction with the El Salvador news, I'm afraid it doesn't make any significant impact to the Bitcoin's price. We have all have witnessed a few months ago when the El Salvador first announces that they are accepting Bitcoin as a legal tender and it was all over the news in the internet and even the television, and everyone is expecting another bullrun, but it didn't happen.

As usual, Bitcoin currently pulled back down to $46,000, which kinda normal market movement. So, I guess $70,000 target might not be broken in the coming months.

[ultrloa]

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.

A huge drop of 7.29 % on the last 7 days I don't think it's on target for $70k, why hurry there are no signals that say Bitcoin could land $70k this month, El Salvador is not contributing to the hype or pump the market, the most that the price could get is $60k and we should be happy at that because another all-time by then is within reach.

Well maybe the news about El Salvador didn't affect to create hype but what good thing happened there is bitcoin already got strong foundation as it was already supported by government on one part of the world, for now we can't see any movement but for sure this will add the fuel of adoption in future so for sure we can see a bigger effect on it once other country will also adopt bitcoin to.

[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 September.

A huge drop of 7.29 % on the last 7 days I don't think it's on target for $70k, why hurry there are no signals that say Bitcoin could land $70k this month, El Salvador is not contributing to the hype or pump the market, the most that the price could get is $60k and we should be happy at that because another all-time by then is within reach.

I will not want to undermine bitcoin capabilities to reach that 70k because just as the market drops within a second so it can get pumped too, but a little resistance at some level just hoping the market recovers back to 50k by the weekend.

[Hippocrypto]

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.

Hopefully that predictions won't fail, because as of the moment the downfall caused a lot of fears particular with new comers. Most of these people are not traders, some of them just join crypto by influence with the trend not really on how they learn about it. It's beneficial for a certain person that they should study first before they venture into something they don't have proper awareness.

[Wawa2013]

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.

Hopefully that predictions won't fail, because as of the moment the downfall caused a lot of fears particular with new comers. Most of these people are not traders, some of them just join crypto by influence with the trend not really on how they learn about it. It's beneficial for a certain person that they should study first before they venture into something they don't have proper awareness.

Although the prediction of Bitcoin reaching a price of $70k failed to happen, it didn't make me panic and consider Bitcoin a failure. I will keep holding
my Bitcoins until I reach my desired target no matter what. Sometimes we forget that the price of Bitcoin is very volatile, which makes Bitcoin quite
difficult to predict. Especially with so many newbies joining without learning Bitcoin first, the current situation will make them panic. Because as you
said it is very important to learn Bitcoin first, before deciding to invest in Bitcoin that they do not understand.

[StreakW]

I think the end of September Bitcoin is difficult to be in the $70,000 area. I predict the Bitcoin correction trend is not over yet. In the short term, the price of bitcoin still has the potential to fall around 10-20 percent from its current position before it will reverse higher.

[lixer]

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.

We are still heading to that direction. Believe me just because we had a flat tire along the way doesn't mean that the road is over. We are just going to stop, pull over, go get the new tire out the back, switch the flat one with the new one, put the old flat one back, and then keep on driving. That's how you do, just roll over your sleeves and work hard and eventually you will get to your goal. Nothing in life that is worth doing, is easy, if it is worth doing then it is going to be hard.

There will always be obstacles in your life that will try to set you back from your goal, it will never be easy unless you come from some super wealthy family, and that means we are going to live through some horrible periods and maybe sometimes not even reach our goal, but at least we would know that we gave it our best. Bitcoin may look like dropping, but I can guarantee you, one day it will be 70k, or even 700k, it is just matter of time, we just don't know when.

[Boov]

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.

I think $70k was too early to be achieve this month, as of now bitcoin got $45k after the last huge fall. Most probably the recovery takes place until the end of September or even in October we aren't sure we will reach back $50k. That's a case to case basis, before having back the top price ATH and it's by grace we're going to have at least $60k by October.

[Kemarit]

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.

I think $70k was too early to be achieve this month, as of now bitcoin got $45k after the last huge fall. Most probably the recovery takes place until the end of September or even in October we aren't sure we will reach back $50k. That's a case to case basis, before having back the top price ATH and it's by grace we're going to have at least $60k by October.

It's pretty obvious that $70,000 is out of reach, if we could have continue the momentum from $52,000, maybe we have a slim chance. But now as the price dips to $43,000-$45,000, it's no longer viable.

So yes, maybe around October we might see it hitting $60,000 at least and then the last two months of the year will be very exciting, $70,000 or even higher when the super fast bull run resumes around that time frame.

[Kong Hey Pakboy]

I think the end of September Bitcoin is difficult to be in the $70,000 area. I predict the Bitcoin correction trend is not over yet. In the short term, the price of bitcoin still has the potential to fall around 10-20 percent from its current position before it will reverse higher.

Maybe not this September but possibly by the end of the year, we will likely see bitcoin go to 70k or probably more than that because the adoption in the market has increased already so it's unlikely that we don't see bitcoin to not go for another ATH this year.

[Jating]

I think the end of September Bitcoin is difficult to be in the $70,000 area. I predict the Bitcoin correction trend is not over yet. In the short term, the price of bitcoin still has the potential to fall around 10-20 percent from its current position before it will reverse higher.

Maybe not this September but possibly by the end of the year, we will likely see bitcoin go to 70k or probably more than that because the adoption in the market has increased already so it's unlikely that we don't see bitcoin to not go for another ATH this year.

The last ATH is about $64k, we have reached $52k just last week prior to the massive flash crash.

So the best case scenario for September is to get back to $52k and slowly increased by $60k in October and then new ATH by December.

And hopefully, we won't fall to $43k again because that is the support level that we need to maintain.

[Rajamuda]

Basically, Bitcoin price movements are not only influenced by 1 or 2 things that can affect it, we know that the more Bitcoin is recognized by more people... the more they will consider, by generating more arguments, Bitcoin might be getting positive feedback and negative feedback.
It's not certain to reach $70k this month, but the possibility is still there, it's just that we can't predict for sure, because the various things might be affecting it, slowly or quickly.

[Furious 7]

The last ATH is about $64k, we have reached $52k just last week prior to the massive flash crash.

So the best case scenario for September is to get back to $52k and slowly increased by $60k in October and then new ATH by December.

And hopefully, we won't fall to $43k again because that is the support level that we need to maintain.

We hope for the best news in October and beyond because this has become a point of support area if it goes down again then it will be broken for a long time.

To be honest it has hit a high of $52k but a correction is bound to happen and flash-crashes are the culprits we know but this won't have any lasting effect.
There are always tough obstacles but this is to take ATH again with many other tough challenges.