60k price recovery achieved

[Tellek Garing]

Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.

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[Timelord2067]

This rise isn't backed by any tweets or announcements (not that I know of at any rate) by any individuals, or, corporations, so I would expect that the price may rise about another $10,000 and then plateau at around $72,500 by year's end.

Investors were excited when the car salesman talked up bitcoin then were spooked into dumping when the car salesman talked the price down.  Time to move on and promote Bitcoin and it's full potential.

[haidil]

When Bitcoin is above $60K I feel that investors still want to show without a problem even though Bitcoin can provide a price increase. Although in general the whales often wait for the moment to raise prices. The news moment deliberately took over the low discounted price. At the moment everyone is still waiting for the year-end situation whether prices above $60K hold or not.

[ReiMomo]

Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.

Yes, its now at its $61,700 now and it has almost touched its ever ATH of $63k plus. It will hardly take a day or two to beat its own ATH and set a new ATH this year. Really awesome growth after a stable growth seen in last few months. Bullish market again. Hope again, we would see other coins like BNB, ETH, and other top coins have reach their own ATH. A great year for crypto currencies.

[Slow death]

This rise isn't backed by any tweets or announcements (not that I know of at any rate) by any individuals, or, corporations, so I would expect that the price may rise about another $10,000 and then plateau at around $72,500 by year's end.

this increase is because of a possible ETF approval, note that just a few hours ago the price of bitcoin increased a lot as soon have this news:

BREAKING: Nasdaq listing hints that the SEC may soon approve ETF application from Valkyrie

bitcoin does not increase much in price without having some good news, unfortunately after this approval or delay or disapproval we will see the price drop as usual.

[RankerCan]

So it puts more of my faith in saying "Market never goes anywhere, only your money do". If we play sensibly and with patience then we can never lose our money. We also need to be very careful about 60k hallmark, market always take correction after massive bull run and 60k is very high price. Avoid buying at such price, just my own opinion.

[Ararbermas]

Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.

that's the sign that before this year end there will be more good improvement, indeed it is been long time since bitcoin didn't touch this current price, so perhaps it's time now also to test another resistance level, actually mostly prediction is 100k i hope it will happen..   it's a good year for all holder for sure. Lol

[Fortify]

Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.

It's surprising that since the ban in China the price has actually moved up, combine that with the fact that the most miners are now based in America and some US government have actually said some reasonably positive words about not legislating cryptocurrency too harshly - kinda sums up a nice environment for continued growth of the price into the future. We are now heading back towards the all the high which is only about 10% higher than it's current point and lots of previous bad news will already be incorporated into the price. The future is looking rather rosy, I wonder what will happen when quantitative easing stops and inflation starts to rise.

[izsara]

The recovery after the fud of some parties seems to be felt and I feel sorry for the panic selling people at the time.
this is the strength of bitcoin when they make fud from all kinds of negative news but they have always been strong and managed to recover and now the price is almost close to ATH.
just waiting to see if they can make a new ATH before the year ends.

[blockman]

Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.

Goes back to $61k and looks like it won't stop as of typing, the price is $61,700. We're going to see $62,000 the quickest time ever. And just a few days ago it was stopping by to $54k. The bears are probably thinking of another strategy because they have missed and don't believe in the surprising power of bitcoin which can rise as fast as it can. Just learn from the lesson in the past despite when the time of it makes it drop a lot, there's a time that it will skyrocket a lot.

[RILWAN]

When the Bitcoin price crashed down to below 30,000 I predicted that the market was on a recovery stage and preparing for another bull run this 3rd quarter of the year. Take the 2017 bull run when the price picked in the early days of October.

[bitzizzix]

Right now the bitcoin price is 61k and it only took 3k to hit yesterday's ATH which I think will happen in a few more days, and this increase is proof that a lot of big investors are coming and don't care about any FUD.
looks like the upgrades will continue and prove that behind the pros there are a lot of cons that make bitcoin continue to be more popular and powerful, and a new ATH is coming soon and I don't want to miss the train before far.

[alpamar99]

the price has gone up and now it was at $61k when I last saw it.
a little more to reach bitcoin's ATH and maybe most people's predictions will soon come true by saying that bitcoin can reach a new ath this year.
this is an increase without the need for news or other things, this is of course very good for bitcoin itself and congratulations to those of you who are still holding strong bitcoin to this day

[Ultegra134]

Today's highest recorded price was $61,839.98, pretty close to April's ATH, which was approximately $65,000. However, I highly doubt that a new record will be achieved later this month. Some sort of resistance is likely to occur now, and slowly back down to $58,000-$60,000, before it reaches a new all-time high.

As another poster mentioned, surpassing $70,000 is highly likely to happen before the end of the year.

[RapTarX]

As another poster mentioned, surpassing $70,000 is highly likely to happen before the end of the year.

What if we compare this bull with 2017 or even 2013? If that's what going to happen which is more likely as the trend says, I guess we could see an easy $100k while if history is to repeat itself as of 2013, someone said $288k seems not much unrealistic.

[Blawpaw]

As another poster mentioned, surpassing $70,000 is highly likely to happen before the end of the year.

What if we compare this bull with 2017 or even 2013? If that's what going to happen which is more likely as the trend says, I guess we could see an easy $100k while if history is to repeat itself as of 2013, someone said $288k seems not much unrealistic.

The thing is prices are through the roof. It's in fact a bubble that can burst at any moment. While it is not unrealistic to see bitcoin reach the 100k barrier, just think about the long term holders that are ready to dump at those prices. If that so happens, it will be raining blood everywhere.

[kawetsriyanto]

What if we compare this bull with 2017 or even 2013? If that's what going to happen which is more likely as the trend says, I guess we could see an easy $100k while if history is to repeat itself as of 2013, someone said $288k seems not much unrealistic.

Everything is still possible to happen, but we don't know the exact scenario of the Bitcoin price move this season. A similar history in 2013 or in 2017 can be repeated or not repeated, no guarantee it can happen again with the same scheme. So, to talk about Bitcoin reaching $100k, let's wait till Bitcoin reaches $80k first. The hype will be bigger or massive once Bitcoin can achieve a new ATH that is quite close to $100k. So, it can be easier to push Bitcoin to pass $100k. But if it cannot reach $80k+, I am not sure that Bitcoin price really can reach $100k this season.

[BIT-BENDER]

The last two weeks has been a activated price increase for Bitcoin, October may end with Bitcoin beating the all time high and even resetting the all time high twice by the end of October but I don't think the year would end in an all time high above the current one Bitcoin has now. I stand on my prediction that the price of Bitcoin would be less than $50,000, to be more specific I think Bitcoin price will end this year 2021 at $40,000 but before the year ends bitcoin can do over 3 more all time high breaks.

[BITCOIN4X]

I really have to say wow today with the bitcoin price. Last month I predicted that ATH $64K would still be quite difficult to achieve again considering that Chinese FUD continues to hit the market to affect the crypto market capitalization. Today all my prediction seem to be totally wrong because now bitcoin has almost touched $62K or -$2K from ATH ago. It seems that new history is happening today with bitcoin. Are you ready with the new ATH?.

[teosanru]

This rise isn't backed by any tweets or announcements (not that I know of at any rate) by any individuals, or, corporations, so I would expect that the price may rise about another $10,000 and then plateau at around $72,500 by year's end.

Investors were excited when the car salesman talked up bitcoin then were spooked into dumping when the car salesman talked the price down.  Time to move on and promote Bitcoin and it's full potential.

I have heard it's backed by the ETF expectations floating around. Even though I have even read news that states that SEC has not approved Bitcoin Strategy ETF yet but still some people are saying that it's actually approved but just not being shown to the general public, anyways, I think tweets and news are just excuses, in reality, the price is influenced merely by how the Whales want to take it, it's just that this news gives them a momentum shift which they can use in their favour and make the move even more powerful because retail participates too based on the news. While in reality, the move was anyways going to happen even if there was no news.