Is Bitcoin bounce back to 60k in this year?

[Stalker22]

~
 This is positive since it is fluctuating between $41k and $40k for a week so far.

No, it is not. In fact, when we look at the chart, it is clear that the price of bitcoin was below 40k during most of last week. Only yesterday, the price spiked to over 40k and fluctuates between $ 41k and $ 40k in the days since.

[dunfida]

~
 This is positive since it is fluctuating between $41k and $40k for a week so far.

No, it is not. In fact, when we look at the chart, it is clear that the price of bitcoin was below 40k during most of last week. Only yesterday, the price spiked to over 40k and fluctuates between $ 41k and $ 40k in the days since.

It is simply moving sideways on which this is the hardest part specially when you do make short term trades on where sideways movement is basically a headache on which you couldnt determine on where the price could actually possibly go in next days or weeks or even on minutes or hours and its really a pain in the ass if you are trying out to catch something like placing yourself on possible bottom price.No news or events around
which you could make use on your own analysis which is really hard to determine on your next possible move.Why people always in a rush? We've reached 60k+ in the past and its assured that passing its previous
ATH could really happen even though time cant really be known or determined.

[Marvelman]

In some ways, 2022 has been quite volatile for bitcoin, with multiple wild swings in value of 20% both up and down over the past few months.
However, as of recently, the overall picture has changed, showing smaller price swings and a narrowing range without a clear trend. Bitcoin is starting to look like it might be starting to pick up momentum, and its valuation might finally be hitting a point where it's more appealing for the average investor. Even though it is still possible that bitcoin will make an explosive move higher in the first half of the year, it might be more likely that we see a lower volatility and mild upward movement throughout the rest of this year.
Bitcoin has a serious uphill battle ahead of it if it wants to break out of its current price range, but if the upward momentum continues, there's still a good chance it could break through $65,000 by the end of the year.

[Scripture]

After long time of suspension of BTC price between 32k to 40k is we think it's bounce backed to 60k this year?

Nothing is certain here, I can say yes it will hit $60k this but it will still depend on the market scenario. The war changes a lot of things in the market, we are very volatile right now and just waiting if there will be another war that could trigger the price to go down again. Let’s be more optimistic here and hope for a better world with a great cryptocurrency.

[CaVO32]

After long time of suspension of BTC price between 32k to 40k is we think it's bounce backed to 60k this year?

Nothing is certain here, I can say yes it will hit $60k this but it will still depend on the market scenario. The war changes a lot of things in the market, we are very volatile right now and just waiting if there will be another war that could trigger the price to go down again. Let’s be more optimistic here and hope for a better world with a great cryptocurrency.

With the war situation we have, I think this will aid in more adoption in crypto market. People are looking for faster ways of money transactions, fast and cheap are just few advantages of crypto. 60k level is very possible to happen again. But we can't determine when will it hit that price level again. Remember, more adoption is good for this market, more demand means increase of value in the market.

[famososMuertos]

After long time of suspension of BTC price between 32k to 40k is we think it's bounce backed to 60k this year?

Yes!!
Absolutely yes. Without fear, I would bet a 1 sat.

I think the problem is not that it comeback prices +$60k, but that it maintains above 50K, in that sense I think an interesting impulse is anticipated. Surely!...well, maybe we will be seeing interesting purchases buys in these days to come.
 <sup>(a lot of vibes of all that current noise of rumors, in this previously said.)

Now, more reality in the aggregate of looking at the marketplace but not more efficient.</sup>
It has maintained on green but very timid, right now the value does not exceed 0.08% in 24 hours and maintains a green color of almost 4% for these 7 days, yes, with recovery in the last 3-4 days.

The 60k band is receiving good vibes, for example since March 10 we did not have a closing and an opening above $40k and as we are going it is possible that we will have it again, GMT and with data from the CMC, just in case .

Likewise, we had those closings and openings from March 1 to March 4, +$40k.

we do not have a closing and an opening of prices above 50k since December 28-29, I think that the breeding ground is taking place to return to the +$50k range and then we can be watching those +$60k again.

OP: ...please,
this is an meddling to how to get to 60k,
not investment advice, ty.

[STT]

This year its possible yes, I think it will explore the full range of prices and revise the prior volume.



Its being boring right now but this is the right kind of boring in my view as its just above the 50 day average it should mean if we continue to do so we are accumulating towards higher prices such as 60k.
   However as we have tried similar recently I will say a better target to signify we are getting genuine positive price action that can last, it would be best to see 42k occur and close above.  42k is the prior lower high, breaking that sequence would be best now for the best optimistic outlook.

[Jawhead999]

It's pretty possible to reach $60K back since it's realistic and more adoptions might be happen due to El Salvador and Ukraine legalizing Bitcoin. But many people still thought the bear season will be repeated on this year and so many experts speculate it too, we need to hope many people didn't just rely to those articles and keep believing what they believe.

[Ryu_Ar1]

~
 This is positive since it is fluctuating between $41k and $40k for a week so far.

No, it is not. In fact, when we look at the chart, it is clear that the price of bitcoin was below 40k during most of last week. Only yesterday, the price spiked to over 40k and fluctuates between $ 41k and $ 40k in the days since.

but if I'm not mistaken, I saw that they started to rise the previous day because it refers to the Fed which actually made the Dollar Index fall to their Support area.
and a few yesterday I saw they were already in the Support Dollar Index CMIIW area.
now just waiting if they are up it's certain that Bitcoin will be corrected again

[arwin100]

Many observers believe that the cycle every 4 years will happen again, if true of course this is sad because it will make the market sluggish again, from now on I will continue to follow the latest developments so that when the price looks high then I will take a sell option.

Because it happen in the past and might it will happen again by next cycle that's why many speculates about the possible pump that might happen at that timeline. But it doesn't mean that the market will became sluggish since if you observe how the market flow we can still say that bitcoin is moving in good direction and the thing you need to do is find a good spot to take your position and trade it while market is so volatile.

[Wexnident]

Not impossible, but also unlikely, at least till the end of the year. I'm mostly expecting sideways movement of up to $50k or so, wouldn't really expect any big moves for this year. Maybe at the latter part of the year, but right now is a big no. I wouldn't be surprised if it dropped down to $30k or so, but I don't think it'll go below further than that, maybe some random big spikes here and there but it would ultimately average out to $45-50k levels. If you're looking to make profit, do shorts, you should be able to profit rather nicely if you read the market correct.

[macson]

After long time of suspension of BTC price between 32k to 40k is we think it's bounce backed to 60k this year?

you have to keep in mind that nothing is impossible in the crypto market, especially the price of Bitcoin which is back to $60k....this year for sure Bitcoin will make a new ATH but no one can predict exactly when it will happen, all we can do now is just keep buying bitcoins when the price is below $60k.  take advantage of every opportunity ^{(bearish market)} there is to buy.

[carlisle1]

After long time of suspension of BTC price between 32k to 40k is we think it's bounce backed to 60k this year?

you have to keep in mind that nothing is impossible in the crypto market, especially the price of Bitcoin which is back to $60k....this year for sure Bitcoin will make a new ATH but no one can predict exactly when it will happen, all we can do now is just keep buying bitcoins when the price is below $60k.  take advantage of every opportunity ^{(bearish market)} there is to buy.

No one can exactly predict if Bitcoin will bounce back or it will remain to this current value, there are influences that we needed to

consider in regards to how investors takes their position. The cycle might be on the bearish season and crypto investors are observing if how

this current events will take effect with the entire industry. What we can do by now is to assess and study whether to take the long hold or

play with the sway and enjoy the fluctuations that gives us opportunities to buy low and sell high.

[$crypto$]

After long time of suspension of BTC price between 32k to 40k is we think it's bounce backed to 60k this year?

you have to keep in mind that nothing is impossible in the crypto market, especially the price of Bitcoin which is back to $60k....this year for sure Bitcoin will make a new ATH but no one can predict exactly when it will happen, all we can do now is just keep buying bitcoins when the price is below $60k.  take advantage of every opportunity ^{(bearish market)} there is to buy.

Predicting the price is not right, people always ask if this year it will reach ATH even though we just take advantage of the opportunities that were down yesterday which were still below $40k, if we are sure then just hold your bitcoin until the ATH price hits it then I think we should be a little patient with that.

The current bitcoin price of $41k for me is still quite low but if you want to buy then wait until below it, I only see from the profit when it reaches 30% then I will sell it.

[usekevin]

Prediction of price is the peopke right.Mostly the people asking this question was a new traders to the forum or new investors of the forum. They thought some elders are in the forum to help them.Being a senior person, we need to analysis and share our opinion to them.Russia had a tight hand on Ukraine till now. If this repeat and not the war end by 2022.It was sure,  the price won't back to 60k dollars in this year.

[ninis45]

Prediction of price is the peopke right.Mostly the people asking this question was a new traders to the forum or new investors of the forum. They thought some elders are in the forum to help them.Being a senior person, we need to analysis and share our opinion to them.Russia had a tight hand on Ukraine till now. If this repeat and not the war end by 2022.It was sure,  the price won't back to 60k dollars in this year.

for the current year the price of 60k$ is very difficult considering the influence of the Russia-Ukraine war one that made the market throw quite deep
and it's possible that bitcoin will fall further towards 28k$ but I hope the market can bounce back up to 35% this year

[BuNga_cute]

Prediction of price is the peopke right.Mostly the people asking this question was a new traders to the forum or new investors of the forum. They thought some elders are in the forum to help them.Being a senior person, we need to analysis and share our opinion to them.Russia had a tight hand on Ukraine till now. If this repeat and not the war end by 2022.It was sure,  the price won't back to 60k dollars in this year.

for the current year the price of 60k$ is very difficult considering the influence of the Russia-Ukraine war one that made the market throw quite deep
and it's possible that bitcoin will fall further towards 28k$ but I hope the market can bounce back up to 35% this year

Until now the price of Bitcoin is still struggling to get back above the $45k price, it's all because recently some bad things have happened
in the world. What is being talked about a lot is the war that took place between Russia and Ukraine, this has an effect on the world economy,
so it's no wonder it will affect market movements in crypto as well. Moreover, the pandemic is not over yet, there are still economic crises around
the world. And until now there has been no good news about crypto in circulation, it's doubtful that Bitcoin will return to $60k this year. I think that
Bitcoin price is now stable above $40k is a positive thing and we should be grateful for it. And I hope that this year the Bitcoin price will not fall
below $30k, if that happens it can cause panic and make the price of Bitcoin fall even deeper. But with many institutions already joining in,
I don't think Bitcoin price will fall below $30k this year.

[Saisher]

After long time of suspension of BTC price between 32k to 40k is we think it's bounce backed to 60k this year?

I'm always positive in my outlook of the market ever since I invested and it always pays off to be positive, this year there are so many things happening around us that made you doubt if Bitcoin will reach the $100k, there are so many predictions last year about Bitcoin reaching $50k then all the way to $100k but we have no control on what's happening around us, the Ukraine - Russian is unexpected but we have to live through it, let's just hope things will be better and Bitcoin will reach $60k then $100k.

[Captain Corporate]

I'm always positive in my outlook of the market ever since I invested and it always pays off to be positive, this year there are so many things happening around us that made you doubt if Bitcoin will reach the $100k, there are so many predictions last year about Bitcoin reaching $50k then all the way to $100k but we have no control on what's happening around us, the Ukraine - Russian is unexpected but we have to live through it, let's just hope things will be better and Bitcoin will reach $60k then $100k.

 I do believe that eventually world get into a more "normal" state. It may take a while, maybe it will take a few years, but that will happen for sure. No more pandemic (well a little, since I read that it will never be zero) and no more russia-ukraine war, no big deals and basically life as we know it. Everyone just wakes up, goes to work, comes home, watches netflix and sleeps and repeats that 350 days a year. I know its sad when you think about it but we have seen how worse it could get so our little sad life became a bit more tempting and actually quite desirable comparing to what we are living in today.

 When we are back in those days, it will be an amazing time to live, it will be a period where prices will soar, jobs will do better, inflation will be lower and all in all making money will become easier both in crypto and off crypto as well.

[STT]

Its not especially likely to bounce to 60k without seeing some kind of decline in DXY first, so it can be a long while waiting.   The bars on that DXY chart are monthly bars across years so its a slow movement most times and at present action is almost breaking out of its decline in Dollar relative to other currencies via the Dollar index price.   That implies BTC would be suppressed in its valuations until dollar is not so strongly viewed, at present FED is raising rates but its just an appearance move rather then actual strength but perception does count.