60k price recovery achieved

[sirminesalot]

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.

2 times all time high in a year after a big drop is never happen before in crypto history, i think this year is special, the price is looks going to set new all time high and followed by other alts having a price growth too.
This year is special for cryptocurrency, there are a lot of new investors joining the space and i'm sure there are a lot of developers also looking for develop crypto projects in the next following years.

[MrcMrc]

2021 will be remembered for a long in the history of Bitcoin market recognition and price benchmark, in April we witnessed a spectacular bull season that pushed Bitcoin price to $64,823 before it drop down, and now the market is gradually recovering back to that all-time high again and I think bitcoin price is going to reach 70,000 before the end of October.

[OrangeII]

I think that the current recovery is faster than last year. if we go back, then we can see the price of bitcoin fall in 2018, and rebound at the end of 2020. however, this year is different. when the price has risen to the $64k range, and dropped to $30k, even within a few months, the recovery occurred and returned to its current point again. however, the next target is $65k. There's been quite a bit of good news right now, and it looks like many are back in favor of bitcoin. New ATH is very likely to occur this month.

[SquallLeonhart]

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.

Yeah, as expected and now we could expect the prices to double in next 15 days of time? Anything is possible here still if not in next 15 days then it would definitely do in next 45 days; the worst case would be within 60 days; it means we might get into $100k region by the second week of December 2021 in worst case and in best case, we may test $200k by the same time frame.

I read bitcoin ETF is somehow approved by SEC and mining in Russia is booming up to resume what was ceased in China recently. I guess these news are enough to trigger intensified FOMO. So, bitcoin will not definitely stop around $100k this year which may go around $200k or even $380k by end of this year or by first quarter of 2022.

[Rasa nanas]

after breaking the $50k resistance line now bitcoin is breaking through $60k, even today's highs hit $62k. this is in line with what I predicted before, if bitcoin is able to break the $50k resistance line the price of bitcoin will increase very quickly. currently the distance between bitcoin price and ATH is only about $4k and I don't think it's a difficult problem for bitcoin because the positive trend is still going on.

[BITCOIN4X]

anyone would have been wrong when making a price forecast for this year, no one predicted that a possibility of some bitcoin ETF being approved would trigger a large price increase capable of making it come close to or even surpass the old ATH, but the question here will be:

What if they don't approve an ETF? what will we see?

and if they approve the ETF what will we see later?

As we know, not all prediction can be true even though it can be done with various analyzes. I think issue about the ETF is the factor that has supported bitcoin's price rise so far that the fundamental are getting stronger. Of course we can expect higher gains with many other factors supporting the price to surpass ATH, but unfortunately there are doubt among traders which made it fail in the last 24 hours despite being quite close to the previous ATH.

Not yet, maybe this week since ATH is within a reach now. Indicators tells a lot and we are heading to a $70k mark this month or even on a higher price. Its good for Bitcoin to finally reach $61k again, that’s a bullish sign and congrats to those who are able to but at a dipper price. Chines FUD wont work at all, we too bullish for that.

Yes, I thought ATH could have been surpassed yesterday but unfortunately failed and the current price is slightly lower than yesterday which was at $62.6K. As I type, the bitcoin price is $60.7K on Binance or down about $2K since yesterday. So it might take a few days to see it go beyond ATH considering we're on a weekend right now.

[Findingnemo]

Price recovery seems to be occurring very quickly so its may create frustration among investors and this also not the right time to invest unless you are ready to lose the capital.

[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.

I think the market is going in the same direction as the April bull run, the price increases in the same pattern but this time bitcoin is not going to stop at 64k but will go as far as 100,000 by December 2021.

[Bagaji]

Bitcoin value went above $62k and is really a good sign that the bull has return despite the fact that it has gone down to around $60k there is a very strong hope $70k to $80k will be achievable before the end of this year hopefully. Those who are too optimistic that Bitcoin price will $100k by December this year, I want to tell them that they should take easy as that will not be achieved this but maybe next year or so.

[Silberman]

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.

The fact that we recovered so quickly is proof the bull market is still ongoing and the potential price bitcoin could reach is very high, I would not be surprised if part of the reason the price recovered so quickly is because many institutional investor decided to buy bitcoin in secret for a cheap price and they will announce soon they did so increasing the hype we have in this market to absurd levels and become the reason bitcoin surpasses its previous all time high.

[LogitechMouse]

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.

Those who took the risk when buying @$30,000 are the ones who are happy right now. They doubled their money already just by buying at that time.

Now the rise isn't because of hypes coming from Elon Musk or from any influential people out there. Its purely because the bulls are still in control even though we went down from $64,000 to $30,000 . Well, I just hope that it will continue and surpass its past ATH of $64,000 so that we will have a happy Christmas .

[crzy]

2021 will be remembered for a long in the history of Bitcoin market recognition and price benchmark, in April we witnessed a spectacular bull season that pushed Bitcoin price to $64,823 before it drop down, and now the market is gradually recovering back to that all-time high again and I think bitcoin price is going to reach 70,000 before the end of October.

2021 is indeed a great year if you look at a bigger picture, yes we have the chance to reach that $70k mark but of course expect another pullback before it happen. Bitcoin is a good investment if you are able to buy at a dipper price, you are now enjoying a huge profit. I do bought and trust Bitcoin during the dip, and now I have no regrets at all doing that. New ATH this last quarter is really possible to reach, keep watching.

[freedomgo]

2021 will be remembered for a long in the history of Bitcoin market recognition and price benchmark, in April we witnessed a spectacular bull season that pushed Bitcoin price to $64,823 before it drop down, and now the market is gradually recovering back to that all-time high again and I think bitcoin price is going to reach 70,000 before the end of October.

2021 is indeed a great year if you look at a bigger picture, yes we have the chance to reach that $70k mark but of course expect another pullback before it happen. Bitcoin is a good investment if you are able to buy at a dipper price, you are now enjoying a huge profit. I do bought and trust Bitcoin during the dip, and now I have no regrets at all doing that. New ATH this last quarter is really possible to reach, keep watching.

Bitcoin has been bullish since the year started and its most likely to end up the year being bullish too. My prediction is not only $70k, but it may reach into $80k because there are still 2 months more to go before this year ends and to think that we have reached already $60k this time. So its definitely a huge success and a huge profits for all those holders who have bought it in a very low price. But for those who kept hesitant to buy and hold bitcoin, then they will surely miss another bull run again that may have change their lives if they took the risk.   

[LUCKMCFLY]

BTC has been growing widely in these last two days, when observing the graph provided by the article I want to refer to the fact that the "volume profile" at levels of $ 57k onwards have the highest negotiation, that is, it can continue to grow in price:

After the touch of the $64,000 mark, Bitcoin (BTC) is facing a short-term correction. Such a move might be considered a drop before the attack of the all-time high.

Source: https://u.today/btc-ada-and-bnb-price-analysis-for-october-16

Personally, this is a high price level, I will not anticipate that it can already reach the $ 64k level, because I do not know very well if the plan of the whales is for everyone to take advantage of the emotion to buy while they sell, everything is a matter of waiting.

[goinmerry]

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.

I might agree with you. I'm seeing bitcoin this time will set a new record of its All-Time high before the end of the year and it's just the start of the 4Q this year.

Unlike in the previous bull run, Elon Musk contributes to that. Today, no manipulation coming from a big institution but rather we say the growth was a pure generic market growth. There's even a China situation that happened but look at how Bitcoin just takes it lightly.

I'm positive that Bitcoin will soon pass its new ATH but I'm not rushing to see that happened.

[sheenshane]

Personally, this is a high price level, I will not anticipate that it can already reach the $ 64k level, because I do not know very well if the plan of the whales is for everyone to take advantage of the emotion to buy while they sell, everything is a matter of waiting.

I surprised seeing yesterday that the price almost reached the previous ATH and I was thought it will pump up more.  But unfortunately, it was stopped pumping at the price of $62.5k.  We know that Bitcoin doesn't have infinite growth and possible there will always have a correction, maybe in the next resistance Bitcoin's price will truly break the previous record.

Speaking of whales, I don't know how they will manage it manipulating the market, it seems the price is hard to manipulate because from time to time the Bitcoin price getting more expensive, not unless if they have much money to manipulate it.

[TravelMug]

Personally, this is a high price level, I will not anticipate that it can already reach the $ 64k level, because I do not know very well if the plan of the whales is for everyone to take advantage of the emotion to buy while they sell, everything is a matter of waiting.

I surprised seeing yesterday that the price almost reached the previous ATH and I was thought it will pump up more.  But unfortunately, it was stopped pumping at the price of $62.5k.  We know that Bitcoin doesn't have infinite growth and possible there will always have a correction, maybe in the next resistance Bitcoin's price will truly break the previous record.

It's because of the ETF approval news that's why the price goes up very quick in short amount of time. But it doesn't have that enough push to new all time high. It's weekends anyways, we might see another attempt for a new all time high next week.

Speaking of whales, I don't know how they will manage it manipulating the market, it seems the price is hard to manipulate because from time to time the Bitcoin price getting more expensive, not unless if they have much money to manipulate it.

As the market grows so big, with trillions of money already, I doubt that a single whale or any whales for that matter can manipulate that price. Unless these whales collude with each other, but I highly doubt that. Again, better to wait till the market settles this weekend, I'm optimistic that a pump could happen in the next couple of days.

[bitgolden]

I believe that we should be happy with what we have and not focus on what is going to happen. I understand that people keep looking at the future and that is why they are getting pumped about what could happen. However, if we just ignore that and not care about what the future would bring and look at what we have achieved right now that would be basically enough for us to be happy.

We reached under 30k, that means that we actually did a 2x right now. Can you imagine something like that, literally just 2x in the past few months and we are talking about something that it basically in just a few months and if you do not focus on something like that and be happy then I do not know what would make you happy. I would suggest that do look at how much we have grown right now in the past few months and you would be quite happy at what you own instead of what you could own in the future if this keeps going.

[Rasa nanas]

it is true that bitcoin is recovering very quickly, and will most likely break through ATH in the next few days. I am very happy to see the pattern of bitcoin price movement this year because bitcoin reached its highest price twice during one year. I think this is a very difficult event to happen and maybe in the future we will not see an incident like this again.

[Victorycoin]

This is a very good year for bitcoin recovery but by the beginning of next year the exchange rate of bitcoin will have doubled and crossed the 65k milestone and in the long run it can go to a higher position judging by the volume of transactions, the potential price of ethereum, the second largest cryptocurrency or digital currency could rise significantly. If ethereum goes to that level, the price of bitcoin will rise closer to the top.