Next stop $85K for Bitcoin

[LUCKMCFLY]

At the moment the price of ETH is being very volatile, and the bears are wanting to lower the price in all the rallies, it is likely that it will continue to rise in price, at the moment it is approximately 3579USD, many are expecting the price to $ 5k, it all depends on the movement of BTC:

The rising 20-day EMA ($3,262.50) and the RSI in the positive zone indicate that bulls are in control.

If buyers propel the price above $3,676.28, the ETH/USDT pair could rally to $4,027.88.

Source: https://cointelegraph.com/news/price-analysis-10-6-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni

For ETH, many are wanting to raise it to $ 5k because they want to make a quick profit, there are many ERC-20 projects that have a lot of future, having a better price will make it even more attractive.

It was notifying how ETH makes a move together with Bitcoin, potential altcoins are just following the same path. If Bitcoin will hit another ATH this seems possible but for this year, the reality isn't that near, yeah, I think it will fail.
I'd expect the bullish season to come again within this year but never I think we can go that far $85k for Bitcoin. Maybe in the next 4-year cycle were halving launch again. It is really difficult to draw a conclusion and the only thing we need for now is just to have some faith and positivity, I think that was enough already.

It looks very difficult, but really when we get to review PlanB's S2F everything is possible, without a doubt for that model the first target is $ 100k, and many are claiming that it could be this year, but anything can happen, I am based on the fact that this December 2021, if another very big event does not occur, it is likely to occur.

Sure this is a very optimistic point of view, but many indicators apart from the S2F are affirming it, some experts say that it can exceed $ 100k, but you have to wait.

[arufox]

I think in Q4 bitcoin is showing even higher gains. Historically Q4 was the strongest time for Bitcoin where the price continued to rise. Bitcoin price is currently trading at $56k. Therefore, I predict that the bull run will continue for the rest of 2021. Even the bitcoin price could reach over $85k later this year.

[Review Master]

I think in Q4 bitcoin is showing even higher gains. Historically Q4 was the strongest time for Bitcoin where the price continued to rise.

Actually, it's not just about Q4, but we're going to have major news and upgrades in Q4 actually. First of all, deadline is knocking at the door for physical and future ETFs. So SEC should approve those or decline and future ETFs might get approval rather than physical ETFs. More than 5 ETFs are on the list for Q4 and not only this, taproot upgrade will be don in november which will increased the privacy and efficiency. So all of this thing along with institutional investment make more bullish for bitcoin.

[Weng simok]

I think in Q4 bitcoin is showing even higher gains. Historically Q4 was the strongest time for Bitcoin where the price continued to rise. Bitcoin price is currently trading at $56k. Therefore, I predict that the bull run will continue for the rest of 2021. Even the bitcoin price could reach over $85k later this year.

as I've been before, bitcoin is skyrocketing very sharply and will break through high prices, even though the market sometimes looks bearish and the bullrun again is a fluctuating scheme, indeed the concept is like that. but seen from the side of the graph bitcoin is in the bullrish category. as stated by some analysts may be bullish until the end of December this year.

[MiF]

As I write this Qoute Bitcoin is now 59k$ so the said 85k$ is very possible to reach this year, I believe the Bitcoin will reach 85k$ if ever it will continue on it's bullish momentum, maybe Bitcoin become high in demand because it is becoming more popular this year that is why it's price surge high.

[Fredomago]

I think in Q4 bitcoin is showing even higher gains. Historically Q4 was the strongest time for Bitcoin where the price continued to rise. Bitcoin price is currently trading at $56k. Therefore, I predict that the bull run will continue for the rest of 2021. Even the bitcoin price could reach over $85k later this year.

as I've been before, bitcoin is skyrocketing very sharply and will break through high prices, even though the market sometimes looks bearish and the bullrun again is a fluctuating scheme, indeed the concept is like that. but seen from the side of the graph bitcoin is in the bullrish category. as stated by some analysts may be bullish until the end of December this year.

More analysts see the good potential that the market will continue to rise, some spike and a good sign of opportunities when corrections is taking place, if you are bullish buying now and wait for the new time high to reach will give you decent profits, more on self identifying of the current trend and find the best place to earn.

Though it's not sure that we will reach the target but the possibilities is always open, you as investor to decide if you'll take that long ride and wait till it reached that peak or you can play on with buy low and sell high, just avoid making fomo and you are also good to go.

[Bagaji]

If there is nothing that can bring down Bitcoin price why then are the "exception" of bad news on crypto currency is that not something? Seeing Bitcoin price reaching $100k by this December in my opinion may not be obtainable but we may see Bitcoin price nat $85k before December ending.

[Oasisman]

Sure this is a very optimistic point of view, but many indicators apart from the S2F are affirming it, some experts say that it can exceed $ 100k, but you have to wait.

Bitcoin is bound to break the $100,000 speculations. However, the question would always be "when?".
Now, If the latest Bitcoin ETF gets the approval (which has been the main reason/speculations for the latest Bitcoin pump), I guess will be seeing that $85,000 this year.
$100,000 might be too high for this year to reach, but the news about banks adapting to crypto might add a fuel to a burning Bitcoin pump.

[btc78]

If there is nothing that can bring down Bitcoin price why then are the "exception" of bad news on crypto currency is that not something? Seeing Bitcoin price reaching $100k by this December in my opinion may not be obtainable but we may see Bitcoin price nat $85k before December ending.

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bitcoin is performing great now at this moment alone increasing more than 59,000 and nearing to break 60k once more.

https://coinmarketcap.com/currencies/bitcoin/

this is a sign that there is something coming this December and not taking 100k? lol we are in early stage to say that because seeing the graph now?



Maybe 85k is just a peanut if this trend continues from now and then .

[bakasabo]

Do you think we will pass the mark of $60k this week end and be able to reach ATH by the end of October? Frankly, I cant see Bitcoin cost $85k any time soon. Because I dont see and understand what pushes the price up. Just a market mood? It can bring down the price as easy as it pushes it up.

Bitcoin tops $60,000, nears record high, on growing U.S. ETF hopes - this might be a price pusher, but there is no real trust in it, as there are too many would or maybe and underwater stones.

[leea-1334]

After bitcoin failure to break through the $58k price resistance yesterday, to be honest I'm also a little doubtful if bitcoin will be able to reach the price of $100K by the end of the year, I think bitcoin needs a strong push to be able to reach the price of $100K, and maybe we will be able to see the price bitcoin is around $80K-$90K at the end of this year and even then if bitcoin is able to maintain its momentum like a few days ago.

But you do know that as of right now, as of this writing,,, like exactly when you posted, Bitcoin is literally not failing at 58k and already broke to it now checking out 60k?

In fact, the daily high so far is 59961 and currently at 59k, so the next few hours if 60k breaks I think we already see a new ATH this weekend, if not even sooner depending on what whales do.

[poldanmig]

After bitcoin failure to break through the $58k price resistance yesterday, to be honest I'm also a little doubtful if bitcoin will be able to reach the price of $100K by the end of the year, I think bitcoin needs a strong push to be able to reach the price of $100K, and maybe we will be able to see the price bitcoin is around $80K-$90K at the end of this year and even then if bitcoin is able to maintain its momentum like a few days ago.

But you do know that as of right now, as of this writing,,, like exactly when you posted, Bitcoin is literally not failing at 58k and already broke to it now checking out 60k?

In fact, the daily high so far is 59961 and currently at 59k, so the next few hours if 60k breaks I think we already see a new ATH this weekend, if not even sooner depending on what whales do.

yes now the price of btc has indeed increased to a price of $58K, but whether this increase can last long or not, of course it is not certain because now the bitcoin price movement is too very slow and when there is some negative sentiment in the market it will make the bitcoin price go down and fail breaking the next price resistance, I personally really hope this week bitcoin will be able to pass the $60K price so that the bitcoin price will be able to rise even higher.

[leea-1334]

yes now the price of btc has indeed increased to a price of $58K, but whether this increase can last long or not, of course it is not certain because now the bitcoin price movement is too very slow and when there is some negative sentiment in the market it will make the bitcoin price go down and fail breaking the next price resistance, I personally really hope this week bitcoin will be able to pass the $60K price so that the bitcoin price will be able to rise even higher.

I do not feel like it is really slow though. I mean is 3-5% not fast enough growth in a day for you? Because most stocks would kill to have this kind of daily growth over a week. Do not forget only in September a month ago we were worried about going below $40k and now we are on the literal brink of $60000!

Anyway, negative sentiment is good for sustainability. I hate it more when there is nothing but good feel shills everywhere

[fullhdpixel]

now the price of btc has indeed increased to a price of $58K, but whether this increase can last long or not, of course it is not certain because now the bitcoin price movement is too very slow and when there is some negative sentiment in the market it will make the bitcoin price go down and fail breaking the next price resistance, I personally really hope this week bitcoin will be able to pass the $60K price so that the bitcoin price will be able to rise even higher.

I would assume that being long right now in the crypto world must be easy. Looking at how things are looking good and going up, we should be very happy with the situation we are in right now. When the prices going up, it makes people easier to invest as well. They feel like we are doing fine and that is why they are investing like there is no problem and I believe that it causes a hype that sees bitcoin price going up because people are feeling easier to invest as well.

Definitely there are times when it goes down daily but it looks like it is going to be easy to recover as well. I believe ATH is not that hard to reach right now and it looks like in the punching distance as well. 85k is a bit hard to achieve just yet, but it is not impossible neither anymore.

[Review Master]

Seeing Bitcoin price reaching $100k by this December in my opinion may not be obtainable but we may see Bitcoin price nat $85k before December ending.

If data from market making firm B2C2, is correct and retail investors aren't behind the current rally, than guess what, $85k is nothing for bitcoin as well as it might hit $100k even before December, IMHO. As long as more institutional investment is going on, we can expect more likely the previous bullish rally from $30.5k to $64k. But this time, lower point will be $60k and all can guess the ATH. 

[OgNasty]

We could very well be ending the month at $85K the way things are going. Once a new high breaks we’ll be seeing Bitcoin all over the news and the fomo will be officially started. The coming volatility will both ruin lives and make dreams come true. Stay nimble, pay attention, and don’t let life changing returns pass you buy without realizing them.

[Kemarit]

We could very well be ending the month at $85K the way things are going. Once a new high breaks we’ll be seeing Bitcoin all over the news and the fomo will be officially started. The coming volatility will both ruin lives and make dreams come true. Stay nimble, pay attention, and don’t let life changing returns pass you buy without realizing them.

Hopefully though, but I wouldn't be surprised if we stay just above $60k. It will be fine and then wait for November to hit that $85k, and then December at $100k++.

I'm more leaning towards realizing our dreams though, just like when we hit $64k right in April, we have plans already. But this time it will be different it we hit over and a new all time high. There is still December, a holiday that everyone should be enjoying including us bitcoin holders. So enjoy the ride and the fun has just started and not be carried away.

[Victorycoin]

I think in Q4 bitcoin is showing even higher gains. Historically Q4 was the strongest time for Bitcoin where the price continued to rise. Bitcoin price is currently trading at $56k. Therefore, I predict that the bull run will continue for the rest of 2021. Even the bitcoin price could reach over $85k later this year.

Bitcoin has little to do with Q4 bitcoin is volatile in the crypto market and traders are investing in bitcoin for high demand and good returns for which traders are buying bitcoin may experience, more new volatility in the new year will have to wait until next year.

[beerlover]

Hopefully though, but I wouldn't be surprised if we stay just above $60k. It will be fine and then wait for November to hit that $85k, and then December at $100k++.

I'm more leaning towards realizing our dreams though, just like when we hit $64k right in April, we have plans already. But this time it will be different it we hit over and a new all time high. There is still December, a holiday that everyone should be enjoying including us bitcoin holders. So enjoy the ride and the fun has just started and not be carried away.

I do not really care about the price exactly as long as it is going up. That seems like the healthiest point right now because if you could hold it as long as you could without a problem then you are going to make a profit. You do not have to say that it should be $85k or $100k or anything, as long as it is higher that is fine by me. And if it is low then I am fine about it as well there is nothing wrong about it neither because I could make some profit from the drops as well.

I could simply just hold it and buy some more to drop the purchase average as well and that way I would be basically making profit easier when the price goes up. There is nothing wrong with holding as long as you can and hope for the price to go up as well. The price guessing is only adding something that would be extra and I do not know if it is something that is correct or not because it could go up but not to level you want and you could still be sad.

[djgtr]

Well, the situation is no change and the price of btc is now 60k$ so I think the 85k$ we'll be the next price, According to Jurrien Timmer – Director of Global Macro at Fidelity Investments – bitcoin needs two more years to reach a price of $100,000 so for me I think btc will end to 80k to 90k$ this year.