Can BTC hit 70k$ this Christmas?

[Jaycee99]

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!

[1714651266]

1714651266

[Haunebu]

Why not? It's completely possible considering the fact that it usually stays bullish towards the end of the year based on historical data. Also, no amount of proof can justify speculations since they are just random speculations op.

Pointlessly hyping BTC and other cryptocurrencies is not the right strategy(Example: 2017 rally). Instead, BTC and other cryptocurrencies need to continue growing organically in my opinion.

[pooya87]

My target is still the same $400k+ and the only thing different in it is that now I am speculating a different time frame which is the first quarter of next year. But the thing about rises like this that happen at the last stage of the 4-year cycle (assuming it is still on the same path) is that at a certain point the buyers keep pouring in instead of slowly buying bitcoin and like an avalanche that keeps growing increase the size of each jump.

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!

[The Cryptovator]

We can see Bitcoin price isn't much far from $60K. If the current trend continues and no bad news pop up then we might see a new ATH this month, which means anytime could touch $70K. But the problem is, there is a chance of selling Bitcoin at Christmas. If the sale happens massively then we might encounter a bear run which would dump below $40K again. I am not a good predictor nor a good analyzer, I just expressing my own thoughts. I don't think anyone could predict exactly what will happen with the price.

[Raflesia]

This is starting at the best point where bitcoin is pumped back and will reach the support level of $55k-60k but after passing this support it is definitely possible that on Christmas Day it will increase even more as predicted in the speculation, the end of the year will be the most eagerly awaited moment whether bitcoin can hit ATH where Christmas is good value for bitcoin, but is it possible to get past some hurdles?

Because I don't have strong evidence of an increase but for sure I'm optimistic that where the previous history is the same there will be a rally at the end of the year or the beginning of the year.

[sunsilk]

$60k is very likely and what's more is that many speculations have been saying that bitcoin might end up $100k. And I do have a positive belief of the same. I have no proof or photos to show because it's just all about speculations.

If this rally continues and we'll always getting this spike from time to time even if there will be some corrections, the prices you've given are very likely to be seen by eoy.

[Kusman]

I don't have any proof but I can indicate my opinion here. Actually, nobody can give a proof about it as the market is always variable. But considering the recent rise in Bitcoin price, I actually believe that the price can reach $70k at least before the end of the year. I feel like this time we can have a rally that will last even longer than the last one. I say it as rally but maybe we are even in the bull market. If it is so, then we might see even much higher levels.

[OgNasty]

If Bitcoin is at $70K by Christmas it’s because the $200K bubble popped… If the high on the year is only $70K, I will go ahead and say that I’ll be disappointed. Anything below $135K is unacceptable and anything below $200K would be a bit of a letdown.

I think as soon as we clear out the mempool and let all the profit takers work their way through the system it will be a new all time high on the way to $140K by early December.

Not investment advice. Just a man with a crystal ball.

[aoluain]

70k by Christmas?

Today the 6th day of Uptober we have crossed $55k, we can hit 70 this month.

If tou havent been aware of PlanB's STF model at this stage, where have you been?
Average price for end of December is predicted at $135k so $70k is very conservative.

https://twitter.com/100trillionUSD/status/1443727392657350656?t=evzMgfCDG8lgk_-FYGpCag&s=19

[STT]

Far more reasonable an aspiration today then it was yesterday as we rose so strongly while crossing something of a downwards pattern true across months.   I do think before 70k we might need to visit 50k, confirm that level as a base price to hold and then onto new highs like 70k or even 100k.   I dont know how long it might rise but generally a big rise will come after attempts to sell have failed and been proven the least likely path.
  Doesn't have to take as long as xmas, could be this month as Im not how restrained it would be at this point.   We'll have to see, first target is to close in a positive manner for this week as just reversing here is not entirely off the menu, after that consensus and/or momentum forms.

[El duderino_]

Conservative threads, just the ones I love to skip….

[btc_angela]

That's conservative estimate though, we are looking for 6 digits this Christmas, or at last $100k per pop. I'm sure you have heard about the S2F model, although it has it's critics, this model seems to be be on the schedule to be hitting the target of $100k. So let's see how it goes, October is really a good month for bitcoin as it has bounce back beautifully from last month's downturn. At least we have recovered already and it's a good sign that indeed a 6 digit price is possible.

[TimeTeller]

70k by Christmas?

Today the 6th day of Uptober we have crossed $55k, we can hit 70 this month.

If tou havent been aware of PlanB's STF model at this stage, where have you been?
Average price for end of December is predicted at $135k so $70k is very conservative.

https://twitter.com/100trillionUSD/status/1443727392657350656?t=evzMgfCDG8lgk_-FYGpCag&s=19

It is not easy to reach the 70k level if there will be no significant progress or news in the market.
Yes, we are seeing the 55k again but it doesn't mean it will continue to go up.
There may be a roller coaster ride again before we attain this level but it is possible.
We just need some good triggers on why we will be achieving a new ATH.
Don't just rely on some FUDs or predictions without any basis at all.
I don't know the basis of PlanB, if he has actual reasonings why we will reach those price levels.

[bct-user]

Can BTC hit 60 or 70k$ this Christmas?

You must know the answer, no one really knows it. Anyway, why do you think Christmas can make Bitcoin price increase to $60k-$70k? I assume the Bitcoin price probably decrease at Christmas. However, I think Bitcoin price doesn't really depend on Christmas, it can continue to increase if there is no bad news again. I hope the whales stop spreading FUDs by using some top media. It is very annoying to see old news to use as FUDs.

[Johnyz]

We can only speculate and there’s a bigger resistance at the price of $60k, we must focus on that first and if we are able to break it, $70k can happen after that. If we are not able to rise beyond $60k, then we might end this year below $50k again, well time can tell and we can only be prepared for any possibilities, I’m still confident with Bitcoin though.

[thecodebear]

Well it doesn't need to skyrocket to hit $70k by Christmas. Just needs gradual growth and no big long correction before the year is out. It's now only $9k away from ATH and $15k from $70k, with nearly 3 months to go. Three months of moderate growth would get it to $70k now problem.

I've been thinking since August that it'll probably end the year around $70k, and I feel like that is pretty spot on. There's always the chance though that things get really bullish and it goes to $80k or $90k by end of year. But then it'd probably drop back to like $60k in January so I'd rather just see gradual growth and be strong at $70k to go into 2022.

[Kemarit]

As others have said, $70,000 might be a disappointment for the majority because we are all hype about that much anticipated 6 digits this December. And it's really looks good, I mean currently we have seen a super fast rally in the last 7 days, from as low as $42,000 last month now we have breached so many mental barriers. So next stop for us would be $60,000-$70,000 and it's possible to be hit this month or early November. So there's a lot of room for us to touch base $100,000 at the end of the year.

[Fundamentals Of]

There should be a poll for this so that we will know whether users here are looking forward to a higher price in Christmas or not. But I think your price is too low. $60,000-$70,000 by Christmas time is really an easy target. $60,000 is just $5,000 away from Bitcoin's price today and we are still in October. We could reach $60,000 easily within the week. There are still more or less 80 days left before Christmas. It is impossible for Bitcoin to fail to reach that. Perhaps the more interesting question to ask is whether Bitcoin will reach $100,000 this Christmas or not.

[btc78]

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!

if this bullishness continue ? https://coinmarketcap.com/currencies/bitcoin/ as the price now sits at 55k usd once again? no doubt that 70-80  can be achieved before this year ends.
i am also seeking for at least 65-70k to get out for a while , as i wanna focus in altcoin next but yeah this may take time i guess.
bought my Bitcoin at 36k so this day i am already in profit at least 65%

[Kong Hey Pakboy]

There's a possibility, it's only about 20k away from happening and there's still a lot of time for that to happen, it might not even be just 70k by December, it could be higher than that. But this is all just a speculation so you better be cautious more than anything else.