Can BTC hit 70k$ this Christmas?

[mr500]

The way the price of Bitcoin is rising , it seems that it will exceed 70k in this Christmas . Unfortunately the previous year I thought that type of thinking as a result i invest lot of money but didn't get enough feedback that should I have so this year I have changed my mind and hold until the price decline .

[Doell]

not 70K but 75K ,I see history in 2018 december christmas 3K/BTC price and in 2019 december 6K/BTC price and there has been an increase since covid-19 the price in december 2020 is around 23K/BTC ,I won't put 2017 because since then the price has dropped in 2018 on there have been various market issues and other things that have caused the drop accompanied by everyone's panic
right now the community and all the big companies are making the walls stronger and thicker so there won't be a drastic decline like that time ,in conclusion from 2020 christmas we will see a 3x increase in christmas 2021 between 69K up to 75K hehehe

[ziyaaa]

I can't say something especially about the $70k target. But I'm expecting this good rally to go on for even months. And maybe this rally can turn into a bull market directly. In this case, Bitcoin price can do much more than $70k. I'm especially curious about whether we will be able to see $100k before the end of this year. Because many people have been targeting this level for a long time. PlanB also has an expectation in this direction too.

[maju69]

It certainly can and it's not that hard for bitcoin to break above $70K. Haven't we seen an increase since the beginning of 2021 alone, it is very proof that any target that will be achieved will definitely be met by bitcoin. Plus later this year VISA formalized its adoption of bitcoin which they had been planning for a long time.

[harizen]

Every 4Q of the year, we have always seen BTC having an uptrend. Although past performance can't guarantee future results, reaching $70,000 is possible at the end of the year. But don't get excited nor set a price target to avoid disappointment.

I'm not really excited or expecting BTC to make a rally to $70,000 sooner or later as long it was possible to happen. $70,000 is a realistic price to achieve, that was the most important thing.

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.

Seriously? What proof do you need? Are technical analysis really need on this?

[SquallLeonhart]

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.

This Christmas and this year are basically the same questions. We have talked about this year, and Christmas is just December 25th so it is a little earlier but basically the same time. If the parabolic increase that we have right now that saw the price skyrocket like crazy continues, then of course we are going to have something great and 70k is not a problem at all, even higher could be done.

However we should also remember that price always goes up before it goes down, and there could be a crash that follows this one. Which is why we need to be careful with a stop loss trigger ready, just put it there if you want to, I am a long term investor so I don't care if it becomes 10k tomorrow, but if you want to avoid losses then you should put a stop loss. Aside from that, unless a crash happens then 70k+ is nothing too difficult for us at all.

[leea-1334]

More than 2 months to Christmas and Bitcoin did over 17% gains in just less than a week. So,,, if it can pull off 2 more 15% runs from this price then we more than hit 70k.

I do not think this is the real target though,,, 83 that a lot of people are talking about and of course 100000 as many said earlier in the year,,, this is the ultimate Christmas deal.

[mich]

I absolutely believe that the price of a single BITCOIN can reach the price 70k$ by this Christmas.
The current Bull run and current price of 54,000 is only 16k away from the topic at hand.

[LogitechMouse]

I would love to. Why not especially now that Bitcoin is at $55,000 again already and less than $10,000 from its previous ATH at near $64,000.

With the current trend of Bitcoin right now and if there are no negative things that will greatly affect Bitcoin's price in the last months of the year, we might see it going upwards until Christmas. We might have a merrier Christmas with this. Still, just be ready if the opposite will happen because after all Bitcoin is unpredictable (or at least it is). I'm slowly accumulating Bitcoin since the start of the year so I will be happy if this price will be reached by December.

[TravelMug]

I absolutely believe that the price of a single BITCOIN can reach the price 70k$ by this Christmas.
The current Bull run and current price of 54,000 is only 16k away from the topic at hand.

Right, the bitcoin surge in the last 7 days is really amazing, I mean September was a bad month, we hit as low as $42k but then October was the opposite, big super fast going to $55k and we really don't know when it will stop. Hopefully, it will still go and at least reach the previous all time high of $64k. And once we reach touch, obviously, getting closer to $70k and it might not be Christmas time yet. So a lot of things can happen and we are optimistic that it can easily be hit with a lot of time in the clock.

[ethereumhunter]

It depends on the media spreading what news onwards. I'm hundred percent sure if the media is spreading bad news just like china's FUD las month, the price will crash again and the whales are buying hard.
We hope people are no longer affected by the FUD and keep their positivity to hold their coins even if their coins is going down. This is the only way to reach that price, it depends on us, the holders itself.

Hopefully, people will no longer be affected by the FUD, especially if there is news from China. Let China be like that and decide by themselves so we only need to focus on bitcoin. Even though the bad news is coming to the market, bitcoin will not affect too big and will be back to the high price. We only need to hold on tight to our bitcoin and not panic while setting the price to sell.

Nothing is impossible for bitcoin, and to reach 60K I am optimistic it will happen this month and despite the decline, it is unlikely to exceed 50K and will rise again.

and the 50K target is bitcoin's target to approach ATH yesterday at the right time and will continue to rise to 80K or more towards the end of the year, this is just my prediction which is not necessarily true and but I'm very optimistic it will happen that way.

Many of us optimistic to see bitcoin will exceed $50k this month although the chance for the correction to comes again will be there. But that will not stop bitcoin movement to increase so we can wait for the price to start rally.

So if the price gets another rally, it could lead the price to increase more than $60k and will reach $70k. From now on, I think we will see many prediction on the social media so we need to be careful.

[djgtr]

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!

There is always a chances that the bitcoin value will reach 70k$ to 80k$ this Christmas, I see that btc is now surge up to 35% in days they said it could be a positive reaction due to the encouraging words from US officials – Fed Chair Jerome Powell and SEC boss Gary Gensler – both of whom asserted that the country has no intentions to ban digital assets. If some big news will come the price will surely rise and it will reach 70k$ to 80k$.

[geegaw]

It certainly can and it's not that hard for bitcoin to break above $70K. Haven't we seen an increase since the beginning of 2021 alone, it is very proof that any target that will be achieved will definitely be met by bitcoin. Plus later this year VISA formalized its adoption of bitcoin which they had been planning for a long time.

Not much credibility in your year-end news when the look and feel of VISA remains unchanged and harmonizes with bitcoin, once such fixes have not been released, the information can only be used for bibliography and calculations as an opportunity, not 100% sure when there are many such listings every day. On the practical side of the past few days, bitcoin has successfully broken through to assert its quality and not be confused by China but to give strength, need a lot of support funds, too many doors need keys in front

[Farma]

More than 2 months to Christmas and Bitcoin did over 17% gains in just less than a week. So,,, if it can pull off 2 more 15% runs from this price then we more than hit 70k.

I do not think this is the real target though,,, 83 that a lot of people are talking about and of course 100000 as many said earlier in the year,,, this is the ultimate Christmas deal.

seems very much optimistic at the end of this year. well, at Christmas, the price of bitcoin last year tended to rise, although not so high. however, this time was different. some predictions suggest that it could cost more than that, and be close to $100k. however, we do not know whether the prediction is correct or not. but if the bull market comes, I think before Christmas, bitcoin prices will be above $70k, or even $80k.

[Kittygalore]

There's a possibility that it will hit 70k USD but not exactly on Christmas, that's a highly unlikely thing to happen especially with how accurate the date that you want it to happen, maybe it will happen this month, or in November or December but exactly Christmas is a low probability.

[leea-1334]

I do not think this is the real target though,,, 83 that a lot of people are talking about and of course 100000 as many said earlier in the year,,, this is the ultimate Christmas deal.

seems very much optimistic at the end of this year. well, at Christmas, the price of bitcoin last year tended to rise, although not so high. however, this time was different. some predictions suggest that it could cost more than that, and be close to $100k. however, we do not know whether the prediction is correct or not. but if the bull market comes, I think before Christmas, bitcoin prices will be above $70k, or even $80k.

Yes,,, basically you are repeating what I just said. And of course nobody knows about predictions, that is exactly why they are called predictions and not guarantees

We have been in a bull market for the whole of 2021 by the way,,, did you not realize we made a new ATH and are less than 10,000 away from it?

Some of you guys have a big sense of humor!

[eaLiTy]

More than 2 months to Christmas and Bitcoin did over 17% gains in just less than a week. So,,, if it can pull off 2 more 15% runs from this price then we more than hit 70k.

Anything can happen with BTCitcoin, it absolutely can surprise everyone with its volatility and how soon they can recover and the funny aspect is that you cannot find these situations in any other market, like having a correction of 17% one day and then recovering the same in a weeks or a few weeks time, it is unheard off in other markets.

I do not think this is the real target though,,, 83 that a lot of people are talking about and of course 100000 as many said earlier in the year,,, this is the ultimate Christmas deal.

Hundred thousand is a target everyone has in mind and once that crosses expect a huge correction as majority will be booking their profit. I am just having my pop corns and waiting to see how long this rally will last .

[romero121]

Bitcoin could move in any direction. Right now the market is retesting the resistance breakout. Once again if the market breaks out the resistance barrier automatically it'll grow steep in a much shorter time period. Considering the ath value of bitcoin, $70k looks like an easy target to be reached. If the ongoing market trend continues there is possible chances for a big Christmas this year.

[jakdanyel]

The $70k level as a target does not seem impossible to me. I'm saying this as I rely on the current great run we witness in the market. Bitcoin price reached even $55k and gave a big hope to us. Because the last time, it wasn't able to go above $52k. This time, we might see a level over $60k in a short time or at the end of this month in the worst case.

[dimonstration]

The $70k level as a target does not seem impossible to me. I'm saying this as I rely on the current great run we witness in the market. Bitcoin price reached even $55k and gave a big hope to us. Because the last time, it wasn't able to go above $52k. This time, we might see a level over $60k in a short time or at the end of this month in the worst case.

There were times tge market moves too fast in pump but then drops unexpectedly. Though we can’t deny the fact that bitcoin price increases more in last quarter of the year any amount is possible to reach. Anytging in crypto especially in bitcoin is uncertain. The market can set another ATH or loss after a while so we should not let our guard down if were not into long term investment.