Can BTC hit 70k$ this Christmas?

[crzy]

If you look at the history of the past few years, usually the price of bitcoin will experience a sharp decline at Christmas because many people sell their BTC for Christmas celebrations. However, maybe this Christmas will be different than before. It is possible that the price of bitcoin will reach $70k this Christmas. Basically, it is difficult to predict with certainty the price of bitcoin in the next few months or years. So let's wait and see what happens next.

People love to spend and for sure, they'll take some profit from Bitcoin and I do agree that this is a normal scenario every year. Maybe we can reach this price right before the start of the of holiday season. We've love to see Bitcoin on this price though right now we saw a huge decline on the price of Bitcoin almost $10k loss as of posting, hopefully we can still recover from this.

[1714737060]

1714737060

[19Nov16]

Bitcoin's high was $67 a few days ago, I'm sure the price will continue to rise and could reach $70k in november then $100k in december, so $70k will be reached in november and no need to wait till christmas, we can see this the higher the daily transaction volume of bitcoin.

[Furious 7]

If you look at the history of the past few years, usually the price of bitcoin will experience a sharp decline at Christmas because many people sell their BTC for Christmas celebrations. However, maybe this Christmas will be different than before. It is possible that the price of bitcoin will reach $70k this Christmas. Basically, it is difficult to predict with certainty the price of bitcoin in the next few months or years. So let's wait and see what happens next.

People love to spend and for sure, they'll take some profit from Bitcoin and I do agree that this is a normal scenario every year. Maybe we can reach this price right before the start of the of holiday season. We've love to see Bitcoin on this price though right now we saw a huge decline on the price of Bitcoin almost $10k loss as of posting, hopefully we can still recover from this.

I expect this scenario to be different even though many take profits but at least they can maintain the initial capital in the investment and it is enough with big profits from some coins that go high, but it's all unpredictable because Christmas and Holidays are a normal a lot of people do hope bitcoin can survive and touch $70k.

Looking at the current movement of bitcoin, I think it can still hold on, at least there will be a slight correction if it's holiday time and after that there will definitely be another pump that will start at the beginning of the year.

[DOH!]

I expect this scenario to be different even though many take profits but at least they can maintain the initial capital in the investment and it is enough with big profits from some coins that go high, but it's all unpredictable because Christmas and Holidays are a normal a lot of people do hope bitcoin can survive and touch $70k.

We just bounced back below $60k after insufficient reasons to make the next challenge on SEC issues regarding bitcoin ETF correction and noa does not include bitcoin weakening factors  now.  I still believe the tunnel is getting wider to $79k right in November when the taproot will start.  Obviously when the bitcoin price is at $60k, it can't be guaranteed that traders can easily find deep profits, it will trigger a larger accumulation of holdings.  Proof that the transaction volume of bitcoin will decrease.  It is a normal element

[Joshapat]

Looking at the market trend that continues to move positive I believe the price of $70k will be reached in November, and Christmas we can get a price of at least $85k, the number of large global companies actively adopting bitcoin makes us worthy to be optimistic that this year's price can reach at least $85k.

[lepbagong]

I expect this scenario to be different even though many take profits but at least they can maintain the initial capital in the investment and it is enough with big profits from some coins that go high, but it's all unpredictable because Christmas and Holidays are a normal a lot of people do hope bitcoin can survive and touch $70k.

Christmas and New Year's holidays will actually be a momentum that bitcoin will be able to increase according to the predictions that have been made by bitcoin in 2013 and 2017 after the Halving occurred. Of course the hope to be pursued at the end of October is to reach the first point of increase after the last ATH $67,276.79 .

today the increase in bitcoin if we look at the report has reached 44.11%, Update Time: 2021-10-29 22:07 Market Cap: $ 1.15T. Of course, if we adjust the prediction in 2013 it is 60.97% so it is unlikely that this will happen and it is almost the same as 2017 at 47.81%.
we hope that a few days before the close of October will be met by bitcoin to be able to reach $ 70K.

We just bounced back below $60k after insufficient reasons to make the next challenge on SEC issues regarding bitcoin ETF correction and noa does not include bitcoin weakening factors  now.  I still believe the tunnel is getting wider to $79k right in November when the taproot will start.  Obviously when the bitcoin price is at $60k, it can't be guaranteed that traders can easily find deep profits, it will trigger a larger accumulation of holdings.  Proof that the transaction volume of bitcoin will decrease.  It is a normal element

right, bitcoin has always done something like that several times, when it has increased there will be a correction to then bounce back. it seems that this has become a habit that is done by bitcoin and of course if those who do not see the nature of bitcoin have experienced excessive fear. even though there should be no need to be nervous and afraid in dealing with bitcoin and we are based on the habits that have been done.

Before entering the month of November to increase according to what you said, at least come back from the predicted increase that occurred in 2013 and 2017 where are the details;

Year	Month	Percentage	Remarks
2021	October	44.11%	update
2017	October	47.81%	Real
2013	October	60.9%	Real

44.11%, Update Time: 2021-10-29 22:07 so the possibility of reaching 47.81% could happen, if it could happen then the price achieved by bitcoin could be above $70K.
So we are waiting for what will happen at the end of October, will it increase according to predictions in 2017 or will it decrease again? there are still 2 days and bitcoin is able to make that change.

[Yaunfitda]

^ So far though the price hits $62k again, it faltered a bit to $60k, but the market has recovered in the last 2 days. But I doubt that the price will hit $70k at the end of this month, we are almost there now. But to see the price above $62k at the end of October is still very bullish and it's still along the line of previous years growth. So as far are as hitting $70k, yes it's doable, we've almost hit $67k already so that is very close to the OP's target price this Christmas.

[arwin100]

Looking at the market trend that continues to move positive I believe the price of $70k will be reached in November, and Christmas we can get a price of at least $85k, the number of large global companies actively adopting bitcoin makes us worthy to be optimistic that this year's price can reach at least $85k.

Knowing the price almost reach that for the past couple of days possibly we can reach that on the given timeline and as many other said the same as you we are in bullish state right now and its good that many people think that way since it can influence people to look good at the market so hopefully that $70k price would be hit and we can see more greater figures or it will break to the price what you predicted.

[STT]

This is bullish recovery back above top tier BTC pricing, unless we lose this from now to Sunday weekly bar close it should be taken that price is well capable of remaining positive medium term.



We're above weekly average price but Im not fully convinced until we end these next days closing out the week positively.   

[Dave1]

Yep, such recovery in just two days, from $58k and now we are trading again above $60k.

Just 24 hours before the closing of this month's candle, I think we could still go as high $62k and be positive and continue this bull run till November-December. Although I see weekends not as not as it used to be, I mean there are a lot of activities still. Unlike the previous years wherein weekend is slow trading days as obviously, speculators are taking a break from their trading activity.

[matchi2011]

Yep, such recovery in just two days, from $58k and now we are trading again above $60k.

Just 24 hours before the closing of this month's candle, I think we could still go as high $62k and be positive and continue this bull run till November-December. Although I see weekends not as not as it used to be, I mean there are a lot of activities still. Unlike the previous years wherein weekend is slow trading days as obviously, speculators are taking a break from their trading activity.

Short span of time and day traders who knows how to play well are cashing out those profits from that correction, in just one day
you already earned $2k very decent if you can avail playing 1 whole btc or more.
It's still bullish and the target of achieving $70K still possible to reached, more on how you pointed your target and how you trust
this industry.

Ride safe and be keen in finding the best reason on why you should place your investment.

[Dr.Osh]

^ So far though the price hits $62k again, it faltered a bit to $60k, but the market has recovered in the last 2 days. But I doubt that the price will hit $70k at the end of this month, we are almost there now. But to see the price above $62k at the end of October is still very bullish and it's still along the line of previous years growth. So as far are as hitting $70k, yes it's doable, we've almost hit $67k already so that is very close to the OP's target price this Christmas.

looks like for this month, very hard to see the price of $70k. when the price of bitcoin a few days ago broke through its ATH again, I thought that the price would reach $70k, but it looks like it's not what I imagined.
for christmas, i think bitcoin price can reach $70k even i'm optimistic it will reach $80k. Personally, I think the $70k price tag can even be reached in November. based on cointelegraph's price analysis today, even the achieved price could be even higher.

https://cointelegraph.com/news/price-analysis-10-29-btc-eth-bnb-ada-sol-xrp-dot-doge-shib-luna

[YOSHIE]

it's just to hype you others to hold on to bitcoin is there if a chance that BTC value will go up as Halloween and Christmas are near!

Technically looking at the current development of Bitcoin speculatively, it is very likely that BTC will rise to the level of $70k, 80%, 20% more based on other factors, which must be market demand.

For today it's clearly still at $61k, more, that means: it took around $9000, to move to the $70k level it's still 2 months away, as I said, Btc hopes to reach the level of $70k by Christmas, that's my speculation.

[cryptomaniac_xxx]

it's just to hype you others to hold on to bitcoin is there if a chance that BTC value will go up as Halloween and Christmas are near!

Technically looking at the current development of Bitcoin speculatively, it is very likely that BTC will rise to the level of $70k, 80%, 20% more based on other factors, which must be market demand.

For today it's clearly still at $61k, more, that means: it took around $9000, to move to the $70k level it's still 2 months away, as I said, Btc hopes to reach the level of $70k by Christmas, that's my speculation.

And we also need to include that bitcoin's fundamentals is still very strong.

$9k is just very easy for bitcoin to surpassed if we go on another super fast rally just like last year.

Keeping my hopes that we can reach even $100k this December. This will be historic for us, first time to achieved it. So there's nothing wrong with holding in the next 2 months and see how it will do this end of the year.

[Furious 7]

$9k is just very easy for bitcoin to surpassed if we go on another super fast rally just like last year.

Keeping my hopes that we can reach even $100k this December. This will be historic for us, first time to achieved it. So there's nothing wrong with holding in the next 2 months and see how it will do this end of the year.

The rally will continue and bitcoin could cross again around $9000 to hit $70,000 at Christmas time there's still time and it's going to bounce back soon I think even before this Christmas.
Fundamentals are still very strong and when the correction comes it doesn't last long even bitcoin tends to fight to keep rallying and we will know how bitcoin can set a new record again as its new ATH.
The year-end target of $80k-90k could come true, as the fast rally is coming again.

[Stedsm]

TBH mate, I don't think you'll see a price hike on Christmas as I've generally seen people selling out their BTC during this fest. Though, the market sentiments are very much pointing towards bullish trend continuing its way till a few more months and even some indicators such as exchange to wallet ratios, btc supply available in exchanges to be way less than before and institutions not looking in the mood to sell their BTC but are actually stacking up more in their bags.

[freedomgo]

TBH mate, I don't think you'll see a price hike on Christmas as I've generally seen people selling out their BTC during this fest. Though, the market sentiments are very much pointing towards bullish trend continuing its way till a few more months and even some indicators such as exchange to wallet ratios, btc supply available in exchanges to be way less than before and institutions not looking in the mood to sell their BTC but are actually stacking up more in their bags.

Actually, we don't need to wait for December to see that $70k as we are entering in a new month and we might see another bull run that would result in a new ATH. The current ATH is only $66k, a new ATH would mean $70k is just a conservative target, so take it easy, instead aim for a higher price as nothing is impossible once the bulls are activated again.

[alevlaslo]

Can any

Yfi was 90000

[piebeyb]

i wrote in my thread 3 years ago and even that i already said 4 years before, you can also take a look at this thread Bitcoin Prediction 2020 - 2021, i say bitcoin price can just touched new ATH at the end of this year, $70k is actually too cheap for bitcoin at the moment but I can't force people to believe me, many say it will touch $100k and I'm one of the supporters of that statement

[STT]

Stayed above 59k and its at March weekly bar highs, remains bullish for now.  See what happens when volume drops off at all, if we stall some may sell to buy lower down in speculation.

   I dont see this as indicating important resistance here but if we remain sideways till the 50 day average catches up it'll likely expand range downwards from there first.