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Author Topic: Is Bitcoin bounce back to 60k in this year?  (Read 1186 times)
Yaunfitda
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March 28, 2022, 01:11:19 PM
 #121

today the price of bitcoin rose very drastically and currently the price of bitcoin is in the range of $ 47k. it seems the bear market is coming to an end because in the last week the price of bitcoin has gone up very significantly. the price of bitcoin reaches $60k again this year is still very wide open because 2022 is still long and if conditions in ukraine are conducive I am sure the price of bitcoin will rise faster than now. in 2021 the price of bitcoin rose from $29k to $66k in about 4 months, in other words the same thing can happen again in 2022 because 2022 is still the beginning of the year and it looks like the bear market is coming to an end.
Don't preempt and says that the bear market is coming to an end, we barely just started and usually bear market are long and hard and deliberate.

We just have to thank that someone is pushing the market right now but I should be wary of it because it seems to be artificial. And with that means that the market might fall hard because of it. Specially when those who pump it are going to sell their bitcoin when no one else see that coming. And then it will be followed by a huge sell-off.

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March 28, 2022, 06:46:46 PM
 #122

today the price of bitcoin rose very drastically and currently the price of bitcoin is in the range of $ 47k. it seems the bear market is coming to an end because in the last week the price of bitcoin has gone up very significantly. the price of bitcoin reaches $60k again this year is still very wide open because 2022 is still long and if conditions in ukraine are conducive I am sure the price of bitcoin will rise faster than now. in 2021 the price of bitcoin rose from $29k to $66k in about 4 months, in other words the same thing can happen again in 2022 because 2022 is still the beginning of the year and it looks like the bear market is coming to an end.
Don't preempt and says that the bear market is coming to an end, we barely just started and usually bear market are long and hard and deliberate.

We just have to thank that someone is pushing the market right now but I should be wary of it because it seems to be artificial. And with that means that the market might fall hard because of it. Specially when those who pump it are going to sell their bitcoin when no one else see that coming. And then it will be followed by a huge sell-off.
Even I agree with this, I would like to make a correction. I never believed that we were in a bear market for the past few methods and that is why I believe that we should not be really focused on "the price is low compared to ATH" part of it when we are calling something a bear market. The reality is that, how long have we been between 35k to 45k level? For few months right?

When the price is the same without moving much for few months you can't call it a bear market, "bear market" means the price is going down and ours do not go down. This is why I believe that we should be doing fine and that is why it is really a good deal to buy at those levels and we could be considered bull right now.

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March 28, 2022, 08:52:30 PM
 #123

today the price of bitcoin rose very drastically and currently the price of bitcoin is in the range of $ 47k. it seems the bear market is coming to an end because in the last week the price of bitcoin has gone up very significantly. the price of bitcoin reaches $60k again this year is still very wide open because 2022 is still long and if conditions in ukraine are conducive I am sure the price of bitcoin will rise faster than now. in 2021 the price of bitcoin rose from $29k to $66k in about 4 months, in other words the same thing can happen again in 2022 because 2022 is still the beginning of the year and it looks like the bear market is coming to an end.
Almost $48K now, it's a good sign to see Bitcoin to rise more within the week, if the flow continues to favor bitcoin holders possible to see more investors to check it up and also invest. Good market means potential investors to work inside, though it's too early to think ahead there are also possibilities that the market only got a week run then another correction to take place.

It's always to set your expectation and make sure that you have a concrete plan during your stay.

Once your target has already been achieved, never to hesitate to sell, greed may only lead you to fail.

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March 29, 2022, 02:18:45 AM
 #124

I think this the chance to Bitcoin bounce back to $60k+ this yesr.Almost bitcoin price now $47.5k+ now.Bitcoin grow up day by day.The market condition is positive now and although all coin price positive back again.February month bitcoin price was under $33k but now over $47k+.I hope bitcoin will More increase end of march.I hope April or May bitcoin price will be reached $60k+ again.
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March 29, 2022, 08:43:19 AM
 #125

In my opinion, Bitcoin price will continue to rise and potentially hit the $60k price target after successfully breaking through the $45K rally in the last few weeks. The bitcoin price is currently trading in the $47K price range. Therefore, I think that as long as Bitcoin doesn't drop more than $45k, it can still go up to $55k-$60k.

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March 29, 2022, 09:24:10 AM
 #126

In my opinion, Bitcoin price will continue to rise and potentially hit the $60k price target after successfully breaking through the $45K rally in the last few weeks. The bitcoin price is currently trading in the $47K price range. Therefore, I think that as long as Bitcoin doesn't drop more than $45k, it can still go up to $55k-$60k.
Now bitcoin is starting to enter a rally phase and make the price strengthen in the market, some analyzes say that bitcoin is currently at an overbought level and of course tends to make bitcoin price stronger in the market, if we look at the potential that exists with bitcoin ability to penetrate price resistance at the level of $45,000 it is possible that bitcoin can reach new price resistance at $51K-$53K in the near future.

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March 29, 2022, 11:35:48 AM
 #127

After long time of suspension of BTC price between 32k to 40k is we think it's bounce backed to 60k this year?
The market situation is indeed difficult to predict this year because of the turmoil in several countries that made the business industry chaotic, at the beginning of this year everyone was shocked by the war that broke out between Russia and Ukraine, from this incident we can see market sentiment turning negative which caused the market capitalization to fall as a result of the sell-off. But now / today we can see the price of BTC has increased by 4% from $40k to the price of $45k. Well, based on this there is a possibility that the BTC price will reach $60k by the end of this year or will record a new ATH.
Actually entering the beginning of 2022 Bitcoin performance is quite disappointing because it has decreased in price, but it is still reasonable,
because in 2021 Bitcoin experienced a tremendous increase. So this year it is likely to experience a bearish trend, so according to my prediction
the possibility of Bitcoin returning to the price of $ 60k is very small. Moreover, this year there was a surprising war between Russia and Ukraine,
which affected the crypto market. Therefore it is likely that Bitcoin price will stabilize around $30k to $40k until the end of this year. It is true that
Bitcoin is currently rising to the price of $44k, but it is likely that Bitcoin will be very difficult to rise above the price of $45k, because previously
it had gone up to the price of $ 44k, but not long after the price of Bitcoin will go back down again.
And we thought that it will get worst when we hit around $33k-$35k and it will still go down to like $20k-$30k. However, bitcoin proves it's resiliency again, slowly getting into the $40k'ish range and the continue to ascent to $44k-$45k because one company is being bullish about it because they are willing to throw billions for the next 3 months. So we will see if we can go over and touch $45k because of it. So no surprised if we even touch $50k in the next couple of months. So don't say that it will not rise above of $45k because everything is possible.

Looks like my guess was wrong, Bitcoin finally managed to rise above $45k, to be honest this really surprised me. Because I didn't think Bitcoin
could now be at $47k and there is a possibility in the near future to touch the price of $50k. As you said because everything is possible,
now it's answered, with the increase now I think is quite high. With the increase in the price of Bitcoin to the price of $ 47k, of course this will
make the crypto market volatile again, because the increase in the price of Bitcoin makes the majority of altcoins prices also go up.
So the enthusiasm of investors will be  higher to re-enter the market, but we have to be careful, because after all investing in crypto has
a high risk. What is certain is that if it turns out that in the near future the price of Bitcoin can touch the price of $50k, for Bitcoin to return
to the price of $60k in this year is most likely becoming a reality.

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March 29, 2022, 03:44:47 PM
 #128

In my opinion, Bitcoin price will continue to rise and potentially hit the $60k price target after successfully breaking through the $45K rally in the last few weeks. The bitcoin price is currently trading in the $47K price range. Therefore, I think that as long as Bitcoin doesn't drop more than $45k, it can still go up to $55k-$60k.
Now bitcoin is starting to enter a rally phase and make the price strengthen in the market, some analyzes say that bitcoin is currently at an overbought level and of course tends to make bitcoin price stronger in the market, if we look at the potential that exists with bitcoin ability to penetrate price resistance at the level of $45,000 it is possible that bitcoin can reach new price resistance at $51K-$53K in the near future.
It's quite nice to see bitcoin's price increase today, seeing bitcoin ability to break the $45K price resistance and also the current price strengthening, it looks like bitcoin is starting to enter a bullish trend, yes although it's too early to say if a bullish phase will occur soon but I see if the positive sentiment going on right now will create a strong push for bitcoin price, I think with Bitcoin trading increasing now it will continue to trigger bitcoin to stay above $46K price.

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carlisle1
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March 29, 2022, 11:31:56 PM
 #129

I think this the chance to Bitcoin bounce back to $60k+ this yesr.Almost bitcoin price now $47.5k+ now.Bitcoin grow up day by day.The market condition is positive now and although all coin price positive back again.February month bitcoin price was under $33k but now over $47k+.I hope bitcoin will More increase end of march.I hope April or May bitcoin price will be reached $60k+ again.

We never know. Or also maybe Bitcoin will experience another correction and give another opportunities to buy and hold.

Still unable to predict with this kind of volatile environment, observe and anticipate if the market will favor your investment. That's all

we can do or do more adjustments if ever it won't favor your current position. Still on the impression that Bitcoin will continue this

small bounce and allow traders to enjoy.
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March 29, 2022, 11:43:27 PM
 #130

In my opinion, Bitcoin price will continue to rise and potentially hit the $60k price target after successfully breaking through the $45K rally in the last few weeks. The bitcoin price is currently trading in the $47K price range. Therefore, I think that as long as Bitcoin doesn't drop more than $45k, it can still go up to $55k-$60k.
The chance for BTC price to reach $60k is possible, I don't deny it. But make sure if BTC can pass $50k first, the current price is still around $47k, mate. When BTC price can pass $50k, we can predict it is possible to achieve $55k if we still hear positive news/issues about crypto/Bitcoin. And after reaching $55k, surely not impossible to go back again to $60k. However, this can't be separated from the world situation. BTC price can drop again massively if many bad issues appear in the near future.

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March 30, 2022, 05:11:44 AM
 #131

I think this the chance to Bitcoin bounce back to $60k+ this yesr.Almost bitcoin price now $47.5k+ now.Bitcoin grow up day by day.The market condition is positive now and although all coin price positive back again.February month bitcoin price was under $33k but now over $47k+.I hope bitcoin will More increase end of march.I hope April or May bitcoin price will be reached $60k+ again.
bitcoin crossed 48k yesterday but today? it stays hardly to 47k though hours ago? it fell down to 46k lol.  march seems to be a good month but what we are seeking is the 3rd quarter in which i believe that the deciding quarter as there are many chances that the prices will increase high.
so basically this coming 2nd quarter? is the stagnant season and sometimes a dumping time for the whole market.

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March 30, 2022, 09:44:03 AM
 #132

Although today's price is correcting again but I'm sure in April or May the price will return to $60k, the growing bitcoin community and the rapid growth of cryptocurrencies in Africa make me have no doubt that this year bitcoin price will hit $100k. the most important thing right now is to keep buying so we can make big profits.
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March 30, 2022, 10:56:48 AM
 #133

In the last few weeks, the price of bitcoin experienced a significant increase where the bitcoin price returned to the level of $47k. The current price increase is starting to show bullish indications. Looking at the current upward pattern, it's very likely that the $60k price target will be reached in the next few weeks.

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March 30, 2022, 12:14:05 PM
 #134

Don't preempt and says that the bear market is coming to an end, we barely just started and usually bear market are long and hard and deliberate.

We just have to thank that someone is pushing the market right now but I should be wary of it because it seems to be artificial. And with that means that the market might fall hard because of it. Specially when those who pump it are going to sell their bitcoin when no one else see that coming. And then it will be followed by a huge sell-off.
Yeah it's been a while since we experience this new price level but it would be better for us to wait for more time before we say that bears are finally over because we might know that this can only be a trap to get the recent investors. It can be whales that is making the increase happen, why would you thank them when they are only doing this for their own sake and not for you or to anyone else because they can dump this market anytime soon once they are ready to make a profit.

The year is still long anyway and even if we fall once again in the upcoming days or weeks, we still have a couple months for the price to recover and hopefully they will hit 60k that we always wanted.

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March 30, 2022, 02:14:18 PM
 #135

In the last few weeks, the price of bitcoin experienced a significant increase where the bitcoin price returned to the level of $47k. The current price increase is starting to show bullish indications. Looking at the current upward pattern, it's very likely that the $60k price target will be reached in the next few weeks.
before reaching 60k of course bitcoin will probably experience a correction but I hope the correction is not too deep so that $60k will occur this month considering there is a lot of positive news about bitcoin at the end of this month

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March 30, 2022, 06:38:55 PM
 #136

Looks like my guess was wrong, Bitcoin finally managed to rise above $45k, to be honest this really surprised me. Because I didn't think Bitcoin could now be at $47k and there is a possibility in the near future to touch the price of $50k. As you said because everything is possible, now it's answered, with the increase now I think is quite high. With the increase in the price of Bitcoin to the price of $ 47k, of course this will make the crypto market volatile again, because the increase in the price of Bitcoin makes the majority of altcoins prices also go up.
It is never easy to predict when the price of bitcoin will go up. If we were always 100% right about it, then we would be super rich and would basically just do that all day and would double our money every single day. In fact, we could have used like 100x leverages and turn 100 bucks into 100 million dollars in under a year (maybe the liquidity wouldn't allow that).

So, it is normal that our predictions are sometimes wrong, we just need to realize that and keep focusing on getting back on the horse and try again. I got lucky this time around, but I also bought bitcoin when it was under 10k too, and over 60k too, so I have been known to be right AND wrong, just gotta accept that and move on.
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March 30, 2022, 07:10:44 PM
 #137

$60K is always expected to be returned by bitcoin, but so far we haven't seen a huge increase in demand in the market so $60K still looks tough. Several attempts to hit $50K are still failing, but there is hope of breaking that resistance if the FUD doesn't bother too much.

We all probably know that the price of bitcoin is something that is difficult to predict with certainty regardless of whether we master technical or fundamental analysis. Analysis can help in making a decision whether to buy or sell, but it may still not live up to expectations. Although there is hope that the resistance can be broken, vigilance still needed.

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March 30, 2022, 08:05:06 PM
 #138

$60K is always expected to be returned by bitcoin, but so far we haven't seen a huge increase in demand in the market so $60K still looks tough. Several attempts to hit $50K are still failing, but there is hope of breaking that resistance if the FUD doesn't bother too much.

We all probably know that the price of bitcoin is something that is difficult to predict with certainty regardless of whether we master technical or fundamental analysis. Analysis can help in making a decision whether to buy or sell, but it may still not live up to expectations. Although there is hope that the resistance can be broken, vigilance still needed.
$60k will be reached this year and I'm pretty sure, BTC price at the beginning of this week rose quite well and held at $46k/$47k today, probably the closest target we expect BTC to break through $50k. If this happens in the near future maybe $60k we'll see before the end of this year. negative news/Hackers, What happened to Crypto lately did not have a bad impact on BTC price movements because it could still be held above $45k.

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March 30, 2022, 08:55:37 PM
 #139

I wouldn't be surprised if we bounce back to ATHs this year, but I wouldn't be surprised if we slowly just go down throughout the year either. The current state of the markets in general has just been so "different" for a while now due to so much stuff going on in the world that I really can't bet on one side with huge conviction.
Looks like the market is now heading to its $50k and hopefully move forward to $60k. I think this is not surprising though as the market is just hitting around dumping and pumping its market value. But we should not be more confident this time as the market may easily fall again and ends ups having a bull trap only. Its better to stay neutral and always be open for the both sides of the market.

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March 31, 2022, 08:10:25 AM
 #140

After long time of suspension of BTC price between 32k to 40k is we think it's bounce backed to 60k this year?
Everyone believes that bitcoin will return at the price of 60k, why can people be so sure of bitcoin, then we can see its journey in 2021, feedback schemes usually apply to bitcoin's journey, although this is not necessarily the case all the time, but almost completely bitcoin journey Will experience the same potential, even in the long term, bitcoin is the only one with the most potential compared to other coins
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