Is Bitcoin bounce back to 60k in this year?

[Oasisman]

~snip~

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.

Hitting $50k may take a little while especially when Btc has been moving like this since the start of March. So, we have the whole month for a chance for Bitcoin to recover back to $50k, but It didn't happen.
$50k is such a strong resistance, as people will sell when Btc is close to touching $50k. 
CMC has not even recorded a $49k yet. Let's see how well Bitcoin's price action in April.

[Erumo]

Let's see how well Bitcoin's price action in April.

April is the last hope for a future growth till middle of Q4 2022. By looking how Bitcoin prices change during years, March, April, November to January are its best months. During every other months either stagnation happens, or the prices fall down. And we are not even fully tasted consequences of sanctions. I expect economy to bounce down and wait for someone to inflate it.

[Kemarit]

~snip~

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.

Hitting $50k may take a little while especially when Btc has been moving like this since the start of March. So, we have the whole month for a chance for Bitcoin to recover back to $50k, but It didn't happen.
$50k is such a strong resistance, as people will sell when Btc is close to touching $50k. 
CMC has not even recorded a $49k yet. Let's see how well Bitcoin's price action in April.

I think the strong resistance we have to look first is $48,000, it we broke it again and sustain the run for at least a couple of days, we might get to  $50,000.

But so far, $48,000 proves to be a very hard price to crack or at least sustain. Maybe this is where investors are selling and then will re-buy when the price dip and then sell again if we reaches $50,000 or higher. A simple but very effective strategy.

[bubidan.id]

According to my analysis, technical analysis of BTC has started to show its growth, maybe it will test the resistance level at 50K first before continuing or breaking above 50K. Fundamentally BTC is also starting to be positive.

[Natalim]

According to my analysis, technical analysis of BTC has started to show its growth, maybe it will test the resistance level at 50K first before continuing or breaking above 50K. Fundamentally BTC is also starting to be positive.

We're moving down at this moment, we're turning back to $45k quiet to see the resistance didn't yet get the rising momentum and just it moves in sideways again.

However, I was still very much positive about the market and I don't have to consider this correction could make everyone going to panic. I'd consider this as an accumulation phase as it really possible that after this correction huge pumps can be happening next. We have to anticipate the market before it was going too late.

[Questat]

According to my analysis, technical analysis of BTC has started to show its growth, maybe it will test the resistance level at 50K first before continuing or breaking above 50K. Fundamentally BTC is also starting to be positive.

We're moving down at this moment, we're turning back to $45k quiet to see the resistance didn't yet get the rising momentum and just it moves in sideways again.

However, I was still very much positive about the market and I don't have to consider this correction could make everyone going to panic. I'd consider this as an accumulation phase as it really possible that after this correction huge pumps can be happening next. We have to anticipate the market before it was going too late.

This seems the market play, nobody could even predict it right, and most of the time it went wrong. Reaching back to $60k is not impossible however it was just a matter of time, and this year might be difficult. Looking at the price trend, it is quite not to see the uprising momentum keep going, dumps still visible, and this is what we have now.
Though I was positive and very optimistic about the future of Bitcoin, I'd just think also that not all the time we went bullish. We are once done last year and I think this year seems impossible to make it again.

[fullhdpixel]

This seems the market play, nobody could even predict it right, and most of the time it went wrong. Reaching back to $60k is not impossible however it was just a matter of time, and this year might be difficult. Looking at the price trend, it is quite not to see the uprising momentum keep going, dumps still visible, and this is what we have now.
Though I was positive and very optimistic about the future of Bitcoin, I'd just think also that not all the time we went bullish. We are once done last year and I think this year seems impossible to make it again.

I have to say you are 100% right. It is not difficult, I mean we could reach there in a week if we had the type of bull run we had before, that is not really impossible and people should be aware of that for sure.

However at the same time we are talking about something that is a bit more easier to accept which is the fact that we may not have that kind of bull run right now. That is the type of thing that we should be focusing on, not having that kind of big deal. I have to say 60k is not going to happen this year unless something changes, or if it does change then I think 60k could be even smaller, 100k could be achieved. It all depends if we are going to have a hyped bull run again or not.

[Shasha80]

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.

You are right when our predictions are wrong, there is no need to worry, because everyone in the crypto world has predicted the movement of
Bitcoin wrong. That is very reasonable, because the volatile Bitcoin price makes it difficult for us to predict where the Bitcoin price will move.
But because Bitcoin is a safe asset, so even if we predict wrongly, we don't need to panic, because the price of Bitcoin will recover quickly
if it declines. So we only need to hold the Bitcoin we have until we reach the target we want, because Bitcoin is a very good asset for
long-term investment. So sometimes we have to hold relatively long to be able to make a profit from Bitcoin.

[Rengga Jati]

We're moving down at this moment, we're turning back to $45k quiet to see the resistance didn't yet get the rising momentum and just it moves in sideways again.

BTC price has returned to around $44k, but it increased again to $46k+ today. The recovery of BTC price looks faster, it didn't sideways around $44k-$45k. I think Bitcoin price will rise up again in the near future, the drop is only temporary and not a long time. We don't need to worry about the possibility of long sideways as previously. In my opinion, the chance for Bitcoin price to achieve $50k is very possible in the next week. But it depends on how the news or issues related to Bitcoin and crypto as well.

[EdenHazard]

We're moving down at this moment, we're turning back to $45k quiet to see the resistance didn't yet get the rising momentum and just it moves in sideways again.

BTC price has returned to around $44k, but it increased again to $46k+ today. The recovery of BTC price looks faster, it didn't sideways around $44k-$45k. I think Bitcoin price will rise up again in the near future, the drop is only temporary and not a long time. We don't need to worry about the possibility of long sideways as previously. In my opinion, the chance for Bitcoin price to achieve $50k is very possible in the next week. But it depends on how the news or issues related to Bitcoin and crypto as well.

Too fast , i'm not gonna buy it in rush , nor watching and regretting .. just do the normal buying while keep looking at the possibility a hard correction ahead , after that ... we might could decide whether should we bag even more or waiting a little longer.
don't get lured ... could be a bull trap as it could fall even more painful than the gain you have achieved.

Tha's the nature of bbitcoin , so you better watchout.

[Quidat]

We're moving down at this moment, we're turning back to $45k quiet to see the resistance didn't yet get the rising momentum and just it moves in sideways again.

BTC price has returned to around $44k, but it increased again to $46k+ today. The recovery of BTC price looks faster, it didn't sideways around $44k-$45k. I think Bitcoin price will rise up again in the near future, the drop is only temporary and not a long time. We don't need to worry about the possibility of long sideways as previously. In my opinion, the chance for Bitcoin price to achieve $50k is very possible in the next week. But it depends on how the news or issues related to Bitcoin and crypto as well.

Too fast , i'm not gonna buy it in rush , nor watching and regretting .. just do the normal buying while keep looking at the possibility a hard correction ahead , after that ... we might could decide whether should we bag even more or waiting a little longer.
don't get lured ... could be a bull trap as it could fall even more painful than the gain you have achieved.

Tha's the nature of bbitcoin , so you better watchout.

Be attentive and be aware on your actions because that would really be resulting into losses instead of gains whenever you do make yourself get rushed into the decisions
you are making.It is always been like this and its not something new when it comes to volatility which it could neither reach out new all time highs for this year or would be on the next.The thing
we are sure on here is that it does really have the potential to rise up its price but of course it wont be a smooth sailing ride but rather a bumpy road to have.
So only the best ones would really able to sustain or survive this market.

[Ryker1]

Let's see how well Bitcoin's price action in April.

April is the last hope for a future growth till middle of Q4 2022. By looking how Bitcoin prices change during years, March, April, November to January are its best months. During every other months either stagnation happens, or the prices fall down. And we are not even fully tasted consequences of sanctions. I expect economy to bounce down and wait for someone to inflate it.

Well, I heard and read many predictions from many experts it seems they are in favor of a bullish trend and that is why I encourage you to predict also in a bullish way. Perhaps there is a bullish trend waiting ahead and next month even though there is stability or there is a price increase people expected that there is a sudden growth. Do you think that it will make again another ATH this year? Last year as we experienced we have twice ATH in a year so it is expected this year too.

[Chato1977]

Now the price had increased to 44k dollars after the huge period.The resistance for the pump is 45k dollars.Now Russia accepting the bitcoin as a payment for the world country to their barrel of oil.The oil price was increased all over the world.The root cause for this is Russia,the Russia will keep increase the oil price in upcoming days.

3 days after the price climb again by 3k and sitting at 47k as of my typing

https://coinmarketcap.com/currencies/bitcoin/

so I can see that we are hitting 50k the next days , so if does there will be a good effect in altcoins as there are so many thread talking about altcoins Season while this is still bitcoin season.

The chances for hitting $50k in the next couple of days are very high. It's seems the everyone is on board with bitcoin again, after the Terra news, and just a couple of years ago, we are in the $46k region, now we are above $47k and trying to break the next big barrier of $48k. It's the start of the week and everything looks very positive and maybe before start of next month, we will be the $50k range already or even higher.

Yeah as that is what i expected but it seems that we are almost in a week time from my post yet Bitcoin still struggle to reach that 50k and finally breaking again after couple of months being denied.

Hope that in the next couple of days we will be seeing that high and at least stays that high for the next quarter.

[Mamun74]

Now the price had increased to 44k dollars after the huge period.The resistance for the pump is 45k dollars.Now Russia accepting the bitcoin as a payment for the world country to their barrel of oil.The oil price was increased all over the world.The root cause for this is Russia,the Russia will keep increase the oil price in upcoming days.

3 days after the price climb again by 3k and sitting at 47k as of my typing

https://coinmarketcap.com/currencies/bitcoin/

so I can see that we are hitting 50k the next days , so if does there will be a good effect in altcoins as there are so many thread talking about altcoins Season while this is still bitcoin season.

The chances for hitting $50k in the next couple of days are very high. It's seems the everyone is on board with bitcoin again, after the Terra news, and just a couple of years ago, we are in the $46k region, now we are above $47k and trying to break the next big barrier of $48k. It's the start of the week and everything looks very positive and maybe before start of next month, we will be the $50k range already or even higher.

Yeah as that is what i expected but it seems that we are almost in a week time from my post yet Bitcoin still struggle to reach that 50k and finally breaking again after couple of months being denied.

Hope that in the next couple of days we will be seeing that high and at least stays that high for the next quarter.

I think Hope and Reality both are different things. Everything depends on market situation. Look at bitcoin price chart before 2month and till now bitcoin price around $40k avobe or  under stay there.But i Think it will be happened like 2021.when bitcoin touched $68k+.I hope this year bitcoin price will be back $60k+ again.

[Fredomago]

We're moving down at this moment, we're turning back to $45k quiet to see the resistance didn't yet get the rising momentum and just it moves in sideways again.

BTC price has returned to around $44k, but it increased again to $46k+ today. The recovery of BTC price looks faster, it didn't sideways around $44k-$45k. I think Bitcoin price will rise up again in the near future, the drop is only temporary and not a long time. We don't need to worry about the possibility of long sideways as previously. In my opinion, the chance for Bitcoin price to achieve $50k is very possible in the next week. But it depends on how the news or issues related to Bitcoin and crypto as well.

Still strong with $46k-$47K, though we don't know if what would be the next direction either it will go back or it will pump more. It's best to choose wisely in your position. You can take advantage of this sway, possible to take small to decent amount of profits if you have a good amount of initial investment.

Small market run can create benefits. We don't have the exact time frame for the bounce, but if you do believe that it will happen, buying, then holding, is the best thing to do.

[Ziskinberg]

Small market run can create benefits. We don't have the exact time frame for the bounce, but if you do believe that it will happen, buying, then holding, is the best thing to do.

The market sentiment keeps on changing, we can still see the volatility. We have seen the uptrend momentum this time making it very close to $50k. I was not hesitant to see correction as surely it comes around after this pump but I believe reaching back to $60k is not impossible. We are still in the 2nd quarter of this year, still a lot of time for the market to move up and of course, the resistance to build up.
Well, for now, buying is somewhat a good idea, we're still in the accumulation season, we'd just stop if the price already reach $50k.

[lalabotax]

According to my analysis, technical analysis of BTC has started to show its growth, maybe it will test the resistance level at 50K first before continuing or breaking above 50K. Fundamentally BTC is also starting to be positive.

Of course, it seems to have a chance to test $50k. Hopefully, there will be no bad news about Bitcoin in the near future. So, this month, the Bitcoin price can test $50k and passes it, then test a higher resistance. I still believe if Bitcoin price can be back again to $60k before the next huge correction. Maybe this uptrend to not last a long time, but that doesn't mean Bitcoin cannot be back above $50k again.

[Epaper]

In my opinion, the price of bitcoin has the potential to rise again in the $60k area especially bitcoin has surged past $45k in the last few weeks to date after a few months ago experiencing a sharp decline.

[asrinur]

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.

Right. Bitcoin has continued to experience price movements since the last few weeks. I assume bitcoin continues to strengthen until it reaches its target price above $50k. But even though there is a slight decrease in price, I consider it normal, there is even another opportunity to buy.

[Fredomago]

Small market run can create benefits. We don't have the exact time frame for the bounce, but if you do believe that it will happen, buying, then holding, is the best thing to do.

The market sentiment keeps on changing, we can still see the volatility. We have seen the uptrend momentum this time making it very close to $50k. I was not hesitant to see correction as surely it comes around after this pump but I believe reaching back to $60k is not impossible. We are still in the 2nd quarter of this year, still a lot of time for the market to move up and of course, the resistance to build up.
Well, for now, buying is somewhat a good idea, we're still in the accumulation season, we'd just stop if the price already reach $50k.

Unfortunately, within the past weeks the market didn't get that strong support and now we have seen another correction or some slight fall, it's a good sign to buy if you believe that in the long run it will bounce and make a good value to your investment, just make sure that you understand what you are doing before spending your money into this kind of investment.

Still, the market is unknown and only your own understanding will give you the hint whether to buy or to hold on and observe before
entering for your position.