Can BTC hit 70k$ this Christmas?

[xmonkeyx]

it is very possible in my opinion given the rise of BTC in early October and also according to the history of several years ago there will be a big pump at the end of the year, now there are so many people speculating that BTC will reach new ATH before the new year comes, I read a lot on this forum about such speculation and that I think is very realistic.

[Semar Mesem]

Christmas is around 2 months away and we have plenty of time to reach $75k, looking at the positive trend in the market I'm sure the price of $75k can be reached before Christmas, it is common practice that bitcoins are widely used for Christmas and New Year gifts so the use bitcoin will increase in December.

[cryptomaniac_xxx]

I have next hurdle to pass as about 57282 which is the top end of a recovery from the peak to trough pricing in this year, after that its just the ATH to digest.    We continue above what appeared as a negative trend from the highs, 45k or above year end has us positive.   We may not any arbitrary target but even remaining in this area, drifting above that point is what I'd consider as a strong starting position for any future gains.
57.2k is about the Feb starting bar top price, we did sell from this point so I would conclude significant remains in passing this point.    Only trouble I see is a rising Dollar index with space for further gains, often upset or bad news will make this price spike and shake out many leveraged speculators as they invariably borrow dollars.

Just a couple thousands mate, we have hit $56k++ even at weekends, so most likely $57.2k might be hit next week. And then we can talk about the new all time high. S2F model points that at the end of October $63k is most likely the target and still on the target of about $100k in December.

Not sure about the rising Dollar index, I mean investors are most likely to pour money in crypto regardless of the rising Dollar index or any other financial factor. More of they are looking for a good profit at least before the year closes.

[Taskford]

Christmas is around 2 months away and we have plenty of time to reach $75k, looking at the positive trend in the market I'm sure the price of $75k can be reached before Christmas, it is common practice that bitcoins are widely used for Christmas and New Year gifts so the use bitcoin will increase in December.

Market is in good trend now also there's a plenty of time for bitcoin to reach that and I think positive that we will reach that since looks like the bullish season continues until the end of the year so hopefully we can surpass that numbers before we can see it breaking another holes then it reach to that figure.

But I guess we need to see how market works and let see if no another fuds will came like what china did recently.

[Silberman]

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.

While it is true that bitcoin can move in any direction at the same time I think there are very high chances that bitcoin moves up instead of down, the end of the year is always a good time for bitcoin, and when we take into account that many are expecting bitcoin to move spectacularly and the update in the network then this is probably going to be enough to create a lot of FOMO which will make the price of bitcoin to go up during the next months.

[Raflesia]

Christmas is around 2 months away and we have plenty of time to reach $75k, looking at the positive trend in the market I'm sure the price of $75k can be reached before Christmas, it is common practice that bitcoins are widely used for Christmas and New Year gifts so the use bitcoin will increase in December.

Market is in good trend now also there's a plenty of time for bitcoin to reach that and I think positive that we will reach that since looks like the bullish season continues until the end of the year so hopefully we can surpass that numbers before we can see it breaking another holes then it reach to that figure.

But I guess we need to see how market works and let see if no another fuds will came like what china did recently.

Bitcoin is still holding at the price of $55k this will be a positive trend going forward especially before Christmas and the holidays at the end of the year and we will see how this can penetrate at least ATH which must be passed but this is how the reaction from the news will be positive or not. going bad with as many FUDs as before, so we need to pay attention while there is still time in a few months.

But it looks like the positive trend will continue as bitcoin holds on to its resistance, after correcting again and will bounce to $60k to hit ATH.

[SirLancelot]

Christmas is around 2 months away and we have plenty of time to reach $75k, looking at the positive trend in the market I'm sure the price of $75k can be reached before Christmas, it is common practice that bitcoins are widely used for Christmas and New Year gifts so the use bitcoin will increase in December.

I am also feeling in this way as in last few days we have some good and positive trend if we have no bad news around then surely we are going to touch this figure before Christmas and this could be way for our next target which is $100K because as we touch these figures then surely we are going in some better direction for our better future.

Currently, mass adoption is working in good way, and we have few countries doing some better things for this as Iran already lift ban from mining, and soon they will also follow few other countries and allowing their peoples for use of this which could be great for this all.

[XCANA]

It very much possible for Bitcoin price to hit $70k this Christmas because we are currently $50k and above now. History usually repeat it self in the crypto currency market and is that bases why I believe it may likely hit $70k because. November and December has always be a good month for Bitcoin and crypto currency in general.

[Japinat]

It very much possible for Bitcoin price to hit $70k this Christmas because we are currently $50k and above now. History usually repeat it self in the crypto currency market and is that bases why I believe it may likely hit $70k because. November and December has always be a good month for Bitcoin and crypto currency in general.

Well, the only thing we need to do is to keep on trust and believe that Bitcoin will become Bullish till the end of this year. Too hard to picture out what will happen in the coming days, we know the reason for that and all the days coming remains uncertain, up or down?
Of course, the majority will think that it reaches $70k. Yes, it looks possible but honestly, it was just 50/50 chances and I never put myself fully confident but rather think on the negative side as well as the corrections are inevitable.

[Slow death]

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?

of course it can reach at least $60,000, look at the chart:



if the price breaks the $56000 then it will get to $60,000, if we combine it with a possible bitcoin ETF approval at the end of this month then we would be about to see the price reach $750,000

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.

I confess that I don't see how people could post proofs

[goinmerry]

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.

I doubt you will see proof. Even all professional traders will have a brainstorming, they can't provide any proof for you. Any analysis is still speculative and if someone has proof, then that person might have a crystal ball and already sees the future lol.

If we are believers, just trust your instincts that Bitcoin will hit your preferred price target in December. That's the only way. Not really a big deal for me if that won't hit up in December.

[Fredomago]

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.

I doubt you will see proof. Even all professional traders will have a brainstorming, they can't provide any proof for you. Any analysis is still speculative and if someone has proof, then that person might have a crystal ball and already sees the future lol.

If we are believers, just trust your instincts that Bitcoin will hit your preferred price target in December. That's the only way. Not really a big deal for me if that won't hit up in December.

With how the market works, and with the interfering of whales, there's no one who can show you any proof that the market will move according to how they speculate it, crystal ball or you came from the future will work if chances of accurately anticipate the market but no one has that capabilities, everyone, even those so-called experts, can't say what amount of hypes or fall will take place.

Believers will continue to support, they will invest and aimed for the long term to maximize all the benefits, while those day traders will simply continue what they doing best, buy low and sell high.

No need to wait for higher aim, as long as there's profit that might be enough.

[peter0425]

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!

none will put Hate comment here mate because we knew how we all wanted this to happen      so expect that everyone or majority will put positive posts.
the rise starts again couple days ago and i am confident that even we don't reach that target at least the price will cross back 60k before the year ends (hopefully of course)

[freedomgo]

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!

none will put Hate comment here mate because we knew how we all wanted this to happen      so expect that everyone or majority will put positive posts.
the rise starts again couple days ago and i am confident that even we don't reach that target at least the price will cross back 60k before the year ends (hopefully of course)

Majority of us here are bullish, we can expect more positive comments once the market is bullish which I believe we are at that situation now. December is a very crucial and positive month for the crypto market as usually when the market is bullish in the last quarter, it remains bullish until the end of the year and it could even continue early next year.

70k$ is not really that high since $64k was the ATH and if that will be surpass again this year, I believe we will again see a massive bull run.

[add1ct3dd]

With how the market works, and with the interfering of whales, there's no one who can show you any proof that the market will move according to how they speculate it, crystal ball or you came from the future will work if chances of accurately anticipate the market but no one has that capabilities, everyone, even those so-called experts, can't say what amount of hypes or fall will take place.

Believers will continue to support, they will invest and aimed for the long term to maximize all the benefits, while those day traders will simply continue what they doing best, buy low and sell high.

No need to wait for higher aim, as long as there's profit that might be enough.

The difference between people who say that it will not be 70k versus people who say it will be 70k is just the timing. Sure nobody has magic 8 ball to tell them the answer, but the reality is that it WILL be 70k, we all know this, there are only people who have no idea about crypto that could say it won't be, anyone who understands about crypto even slightly would know that it will be 70k.

However "will it be until Christmas?" is the difference maker. Some people do believe it will be, and some people believe it will be 70k later than that, do whatever you want with your own investment and do your own research but its obvious if you buy now to sell when it is 70k, then you will reach there eventually.

[CaVO32]

With how the market works, and with the interfering of whales, there's no one who can show you any proof that the market will move according to how they speculate it, crystal ball or you came from the future will work if chances of accurately anticipate the market but no one has that capabilities, everyone, even those so-called experts, can't say what amount of hypes or fall will take place.

Believers will continue to support, they will invest and aimed for the long term to maximize all the benefits, while those day traders will simply continue what they doing best, buy low and sell high.

No need to wait for higher aim, as long as there's profit that might be enough.

The difference between people who say that it will not be 70k versus people who say it will be 70k is just the timing. Sure nobody has magic 8 ball to tell them the answer, but the reality is that it WILL be 70k, we all know this, there are only people who have no idea about crypto that could say it won't be, anyone who understands about crypto even slightly would know that it will be 70k.

However "will it be until Christmas?" is the difference maker. Some people do believe it will be, and some people believe it will be 70k later than that, do whatever you want with your own investment and do your own research but its obvious if you buy now to sell when it is 70k, then you will reach there eventually.

The possibility of reaching this level is high. But it still depends on what may happen to the market in the next couple of months. If good news keep on pouring, then, high likely that it may even happen earlier than christmas. But I believe, being conservative would be good in this situation to avoid resorting to a decision that may greatly influence your investments. We need to keep an eye on updates and developments on this market.

[Slow death]

at this time it is at $ 54K , you could not exceed at least the level of $ 59K

and to think that only 2 days have passed and the price has risen $3000 and now it is at $57000 and is struggling to break $58000 which seems to me to be broken soon, in case the price breaks $58000 then the next big resistance will be in the $64000. I think that later this month we will see the $70,000 if an ETF is approved at the end of this month

I think that on this Christmas you will not only come to $ 70K but I also think we can see the price at $ 100k, it is very possible that this happens, the forecasts point to it.

$100,000 still this year I think it's too high a price, maybe $80.000 is more realistic

[Cafex]

The $70k target doesn't seem to be unachievable for Bitcoin price considering its recent form. It has nearly achieved $60k as we saw it at $58k today. After going over $60k, I hope that it won't be too hard for the price to go on until reaching an ATH and at least $70k also. It may even happen before Christmas considering this run. But we need to see a continuation of the run to be able to see it.

[Hippocrypto]

It's such an amazing feeling if we see btc could reach up to that price this coming Christmas. Hopefully we'll just have $60k before that day comes, beyond that price I guess that's a big surprise for all of us.
Latest updates comes at $55k-$57k fluctuations, and it's just an unpredictable behavior which eventually brings an unexpected volatility which remains very exciting everyday.

[Finestream]

It's such an amazing feeling if we see btc could reach up to that price this coming Christmas. Hopefully we'll just have $60k before that day comes, beyond that price I guess that's a big surprise for all of us.
Latest updates comes at $55k-$57k fluctuations, and it's just an unpredictable behavior which eventually brings an unexpected volatility which remains very exciting everyday.

And as the year comes nearly to an end, i have high hopes that it will be even more bullish since december is mostly the month of bull run. There may be price corrections that are in evitable, but knowing bitcoin it will always recover and is always bound to create another heights. And with the fast rising of bitcoin price, i know reaching $70k before christmas will be much easier. Let's get the whole crypto market become bullish by attracting good vibes from now. The market may be unpredictable but its always a good feeling that it always bring us more surprises the way we look at it.