Can BTC hit 70k$ this Christmas?

[asrinur]

In my opinion, the price of bitcoin will most likely reach $70k before Christmas. However, Bitcoin usually experiences a decline in price at Christmas because many people sell their bitcoins along with the high need for Christmas celebrations.

Yes, I've noticed it several years but in this year, Bitcoin is so powerful to grow continuously. Sometimes, Bitcoin don't follow the regulation. We are not so far from the desire prediction of $70k. I hope within this month, Bitcoin will be able to cross $70k.

Seeing the condition of the cryptocurrency market in the last few days which has continued to experience a significant price decline where the bitcoin price is still at the $56k level, it looks like the bitcoin price will not break through the $70k price this Christmas. However, if there is positive sentiment and bitcoin price returns to bullish, then the prediction of a price of $70k will most likely occur early next year.

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[Pamadar]

In my opinion, the price of bitcoin will most likely reach $70k before Christmas. However, Bitcoin usually experiences a decline in price at Christmas because many people sell their bitcoins along with the high need for Christmas celebrations.

Yes, I've noticed it several years but in this year, Bitcoin is so powerful to grow continuously. Sometimes, Bitcoin don't follow the regulation. We are not so far from the desire prediction of $70k. I hope within this month, Bitcoin will be able to cross $70k.

Seeing the condition of the cryptocurrency market in the last few days which has continued to experience a significant price decline where the bitcoin price is still at the $56k level, it looks like the bitcoin price will not break through the $70k price this Christmas. However, if there is positive sentiment and bitcoin price returns to bullish, then the prediction of a price of $70k will most likely occur early next year.

Very likely to happen, if this correction still going strong we can say that by the end of the year $60k barrier may be the last high

though if there're pressures from big buyers, the value may rise back and trigger the position and create new time high.

It's about how investors and traders treat the market. If there are more buyer than sellers, the market still positive reaching another
new high, while if on the other hand and the market falls back, we might see much deeper value.

[Lmaooo]

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.

The cryptocurrency market is unpredictable because anything can happen from now to Christmas. Although, bitcoin is experiencing a price correction at the moment but it may eventually recover and reach a new all-time high. There are almost three weeks to Christmas now a lot of things can happen, the price of bitcoin may even reach $100,000 when the market is fully recovered and reach new all-time highs.
  

[agustina2]

Far from achieving it even lots of days left on Christmas. The best to expect is, BTC can hit $70,000 realistically. Just don't set a target of when it will happen to avoid too much expectation.

Let the price grows naturally without an attempt of hyping it.

[Oasisman]

Far from achieving it even lots of days left on Christmas. The best to expect is, BTC can hit $70,000 realistically. Just don't set a target of when it will happen to avoid too much expectation.

Let the price grows naturally without an attempt of hyping it.

Well, reality is people are really hyping Bitcoin and Cryptocurrency in general, but it doesn't really work everytime.

On the other hand, Bitcoin is not in a good shape to break into $70k until Christmas, realistically. There could be a chance If there's another hype that could potentially initiate another run. However, I'm afraid that chance could be very slim.
My prediction would be Bitcoin could stay around the region of $50k before and after Christmas.

[kotajikikox]

Form the subject itself give me your point of view and belief why you think bitcoin could go skyrocket this Christmas? Can BTC hit 60 or 70k$ this Christmas? I know it is unstable it might godowns but if you believe it will go up go type down your comment. Still, if you don't think it will go up you are still free to express it here.

Please state your proof, like photos why you think it could be up and up? likely if your answer, be sure to add some proof.

No hate comment please, 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!

Suddenly the trend change again this time and the value stays below 50k for couple of days

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

If this reaction of market continues before the end of the 3rd week then No we will never hit that 70k this December or the whole 2021 .

Maybe at some chances in the next year 2022, or better yet in another Halving of Bitcoin Miner in which mostly the Pumping season .

[akar87]

At the moment the price of bitcoin is undergoing a correction and usually after a deep correction it will take a few more months for bitcoin to return to the price of $56 - $60k, considering the current market movement is in a downward stage I would say that bitcoin can't reach the price of $70k at the end of the year because at the moment we have not seen a recovery in bitcoin price after a correction.

[Tumanggor]

~

For comparison, in about one month at the end of 2017 cycle price went up from $8k to $20k which is 150% rise. That means we could see price slowly reach $160k then in a single month see a 150% rise and easily reach $400k before we can even create a topic about it!

your predictions are always predictions that are not arbitrary

if we look back at the trend in December 2017 then it is not impossible for bitcoin to fly past $100k before the year ends

I really can't wait to see bitcoin at that price

[Yamifoud]

Far from achieving it even lots of days left on Christmas. The best to expect is, BTC can hit $70,000 realistically. Just don't set a target of when it will happen to avoid too much expectation.

Let the price grows naturally without an attempt of hyping it.

Well, reality is people are really hyping Bitcoin and Cryptocurrency in general, but it doesn't really work everytime.

On the other hand, Bitcoin is not in a good shape to break into $70k until Christmas, realistically. There could be a chance If there's another hype that could potentially initiate another run. However, I'm afraid that chance could be very slim.
My prediction would be Bitcoin could stay around the region of $50k before and after Christmas.

That only happens when the majority are selling their Bitcoins during this Christmas leading the price to go down more instead of seeing for another Bullrun. Even we reach back $40k, I was still considering this a good price but if ever it reaches below that price, I can expect the bearish season to start. But still, we can't sure of anything, I'm not even thinking about that to come, however, it was good to prepare than do nothing.

[bengsabeng]

From the start of 2021 bull run I already believe that Bitcoin will reach 100k$ but because it drop down in past few days and now it's price is at 49k$ I think it is hard for Bitcoin to goes up to 100k$, because we have only few more days to go before year end, so for me it has a big chance that it will reach 70k$ than100k$ this year.

After a very deep decline usually the price of bitcoin will easily return to the top, but it is different from now because the price of bitcoin still tends to be stable. I fear this situation will trigger panic among many investors and could lead to a much deeper decline, if this condition continues it can certainly cause bitcoin to enter a bearish phase.

[dezoel]

Everyone talks about how there is a chance that we may end up with something that is valuable or they talk about how it is impossible, and yet neither of them realizes that both are possible. Bitcoin had a rough month, and it is going on so far, we managed to get closer to 50k again, but we had a horrible fall and we are trying to recover from that. From 50k to 70k is around 40% increase if I am not wrong, and that is not impossible in the crypto market.

We could both reach it, and also not be able to reach it and both of them are quite possible. This is why I believe that we should not be able to focus on having these kinds of problems in our hands. Just focus on having a good amount of hope for it, and just wait until it reaches to a great level, it could be by Christmas, or it could be a lot later but in the end it will happen one day.

[arwin100]

From the start of 2021 bull run I already believe that Bitcoin will reach 100k$ but because it drop down in past few days and now it's price is at 49k$ I think it is hard for Bitcoin to goes up to 100k$, because we have only few more days to go before year end, so for me it has a big chance that it will reach 70k$ than100k$ this year.

After a very deep decline usually the price of bitcoin will easily return to the top, but it is different from now because the price of bitcoin still tends to be stable. I fear this situation will trigger panic among many investors and could lead to a much deeper decline, if this condition continues it can certainly cause bitcoin to enter a bearish phase.

That means we cannot see that price to be reach for now since imagine how huge the fear gotten by the people to the market now and many doesn't seems like to hold due to some reasons. But maybe we can see the slight pull back once the market stabilize nor the price calm after this storm so hopefully we can experience this so that the fear of people will be eliminated.

[peter0425]

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.

Finally return back to 50k level now so opportunity of climbing back to up is a sign , but 70k should not be in our way of thinking because it is hard to expect now while the bull or bear is waiting to take position.
 
I have given up when the 70k price denied last  month and accept the fact that this is not the year for 70's maybe in the 2022 or the next but now? i am enough for what bitcoin reached as i have already gained and now holding decent amount again.

[chikading2016]

70k$ for this Christmas is posible because BTC is now back to 50k$ even if the chances for Bitcoin to rise up to 70k$ is very small but I believe that there is still hope because BTC is now back to bull run status. We only have a few more day before year end so let see what will be the next update about BTC.

[lepbagong]

70k$ for this Christmas is posible because BTC is now back to 50k$ even if the chances for Bitcoin to rise up to 70k$ is very small but I believe that there is still hope because BTC is now back to bull run status. We only have a few more day before year end so let see what will be the next update about BTC.

Christmas is over and the new year is too, but what is expected is nothing to prove and you are right that it is unlikely that bitcoin will ever be able to make it to $70K and be real. now we just have to hope that the ongoing correction can stop and not continue to fall below $40K which is certainly very worrying.
but I agree that there will come a time when bitcoin will increase and will not continue to be corrected, but for how long? Hopefully last year will be the same as the beginning of this year.

[Dave1]

70k$ for this Christmas is posible because BTC is now back to 50k$ even if the chances for Bitcoin to rise up to 70k$ is very small but I believe that there is still hope because BTC is now back to bull run status. We only have a few more day before year end so let see what will be the next update about BTC.

Christmas is over and the new year is too, but what is expected is nothing to prove and you are right that it is unlikely that bitcoin will ever be able to make it to $70K and be real. now we just have to hope that the ongoing correction can stop and not continue to fall below $40K which is certainly very worrying.
but I agree that there will come a time when bitcoin will increase and will not continue to be corrected, but for how long? Hopefully last year will be the same as the beginning of this year.

Yeah, it's over now, bull run and big rally is gone for now, what we have is a long and bear market that might last for years.

Was caught by surprised to see the price just going on a downward spiral today at $42k, I haven't check the news as to what really affected the market. But it seems at first glance, there could be bad news around the corner that change investors mindset to sell at this point.

[wajik-tempe]

Whatever we say, Bitcoin will run at its own way. Christmas is over but BTC's bull market has not started yet. I think this is also a positive site because when it goes down there will be no other options but to increase. Most likely we can get new trend of btc with in two months.

Don't place any good expectation currently because previous year was too good for crypto market, 2 times all time high that never happened before.
I will always place may worst expectation for this year to create new position and reset my portofolio and ride a new journey.
The bear seasn seems continue longer, bad start of this year made lot of people left the game, we need more investors to join to create bull season.

[ajochems]

Form the subject itself give me your point of view and belief why you think bitcoin could go skyrocket this Christmas? Can BTC hit 60 or 70k$ this Christmas? I know it is unstable it might godowns but if you believe it will go up go type down your comment. Still, if you don't think it will go up you are still free to express it here.

Please state your proof, like photos why you think it could be up and up? likely if your answer, be sure to add some proof.

No hate comment please, 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!

Everytime the price of bitcoin is expected to reach new value. Same was expected on Christmas and New year. But sometimes thevalue was not increased as expected.So the price was not increased on New year and Christmas. Just hold till the price back to the old value of 50k$.

[ultrloa]

Form the subject itself give me your point of view and belief why you think bitcoin could go skyrocket this Christmas? Can BTC hit 60 or 70k$ this Christmas? I know it is unstable it might godowns but if you believe it will go up go type down your comment. Still, if you don't think it will go up you are still free to express it here.

Please state your proof, like photos why you think it could be up and up? likely if your answer, be sure to add some proof.

No hate comment please, 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!

 Just hold till the price back to the old value of 50k$.

What if that scenario will came far or it will come next year? Then you miss the pump and dump scene which can possibly give you a profit right? Much better to do trades at the moment since bear market season is perfect time to buy some cheap coins at the market. But if you can hold since you have spare money to use then do it since its still perfectly fine to do.