Is Bitcoin bounce back to 60k in this year?

[alisonwonder]

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.

Any speculation Bitcoin price will increase but at the beginning of this year the market price did not show good support, we will look forward to the 3rd quarter will have an impact on a significant recovery for the crypto market.

[SirLancelot]

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.

The opportunity to buy approach is the right approach that many people lack. We may not be reaching 50k right now, but at the very least we know that we will reach there, and we are at around 40k right now, which means another 25 increase.

If you believe that we will reach 50k somewhere in 2022, then you think that you could make 25% profit from it if you buy right now. That is not a bad increase, maybe it could look bad in crypto world because everyone is used to 2x or 5x or even 10x their money here, but 25% increase yearly is a great increase. Which means that we have such a good chance to make money, and people miss that for a chance to make more.

[sayaya17]

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.

Any speculation Bitcoin price will increase but at the beginning of this year the market price did not show good support, we will look forward to the 3rd quarter will have an impact on a significant recovery for the crypto market.

Unfortunately, since the beginning of this year, Bitcoin has indeed looked bearish, and it has been proven that until now Bitcoin is still  very difficult
to return to the price of $60k. Even several times Bitcoin tried to rise to touch the price of $50k still failed, even now Bitcoin has surprisingly fallen
below $40k again. Even though a few weeks ago the movement of Bitcoin has seen a positive rise above the price of $45k, but because Bitcoin moves
very volatile, then Bitcoin is unexpectedly corrected again. And in my opinion, if during this year it turns out that Bitcoin is in a bearish trend,
that's a very natural thing, knowing that in 2021 the increase in Bitcoin has been very significant. But we must be optimistic about the future of Bitcoin,
no need to worry about Bitcoin's current declining performance. Because Bitcoin has proven to be profitable for long-term investments, so what we need
to do now is just be patient holding the Bitcoins we have until Bitcoin recovers again.

[peter0425]

slowly going back to 40k level again , but sad to see that even 50k is far from happening , so which made me have second though and will consider Holding for another 3 years as 2025 seems to be the best year to break the ATH again.

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

But let the market show its capacity in the next 2 quarters as we have been able to stand till this 2nd.

[Frengki_cisco]

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

Maybe that can happen, it can be seen from the current development of Bitcoin in the eyes of the world and the crypto market, I believe that entering October the Bitcoin price slowly rose by the end of the year to put the level of $60k, still in this year.

That's my belief for this year about Bitcoin.

[Sebas.tian]

slowly going back to 40k level again , but sad to see that even 50k is far from happening , so which made me have second though and will consider Holding for another 3 years as 2025 seems to be the best year to break the ATH again.

 Yes, the price of bitcoin has dropped down to $39,000 few minutes ago which is really causing long term investors worry about the current price of bitcoin. Based on what people are experiencing in bitcoin price, show that it will be difficult for people to see $50,000 this year 2022 because we are in 4th month, the price of bitcoin is still moving between $39,000 to $45,000 which is not helping people to make a huge amount of money from their investment. Definitely , 2025 will be the best year for people to experience $50,000 or $100,000 because what people are experiencing right now from the market is a sign that 2025 will be the best year for bitcoin investors.

[ultrloa]

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

Maybe that can happen, it can be seen from the current development of Bitcoin in the eyes of the world and the crypto market, I believe that entering October the Bitcoin price slowly rose by the end of the year to put the level of $60k, still in this year.

That's my belief for this year about Bitcoin.

4th quarter of the year is critical month of crypto since if we can see some changes on that months it will dictate on what will happen until the end of the year. And it seems that we will struggle to reach that but we shouldn't lose hope since if there's huge news will came for sure it can help bitcoin to have a good rally.

[marine4u]

Although Bitcoin has dropped to a 1-month low of $39k2, this shows the pressure and some of the published information on capital outflows since the time the Fed FUD was announced despite the inflation signal Inflation continued to increase by 8.5% in March. I don't expect this to be a major factor in bitcoin breaking out of its grip but it is the focus at $60k that could form anytime this year.  One more reason that |75% of bitcoin wallet addresses remain flat at this level is the impetus for the long-term path of a “macro growth” 100k-150k EOY

[carlisle1]

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

Maybe that can happen, it can be seen from the current development of Bitcoin in the eyes of the world and the crypto market, I believe that entering October the Bitcoin price slowly rose by the end of the year to put the level of $60k, still in this year.

That's my belief for this year about Bitcoin.

4th quarter of the year is critical month of crypto since if we can see some changes on that months it will dictate on what will happen until the end of the year. And it seems that we will struggle to reach that but we shouldn't lose hope since if there's huge news will came for sure it can help bitcoin to have a good rally.

News about adoptions mostly creates a big hype about this investment. We are still in the early months of this year. There are many things

that can happen along the way, updates that may trigger the market directions, either positive or negative sides. There's always

a good hint that we can use. Just be open with any changes and allow yourself to adjust if it's needed. Set your goals and make sure to

follow whatever strategy that you are using. We can't get an accurate prediction, but we can assume and anticipate.

[bitterguy28]

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

It is really hard to predict in our time now mate, imagine we almost broken 50k last week but once again fails to take even 49000 so 60k? with all the means now, it seems to be possible but at least bitcoin must first take that 50,000 to continue leveling that 60k.
so i will try not to expect much but of course i love if it happen.

[Yaunfitda]

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

It is really hard to predict in our time now mate, imagine we almost broken 50k last week but once again fails to take even 49000 so 60k? with all the means now, it seems to be possible but at least bitcoin must first take that 50,000 to continue leveling that 60k.
so i will try not to expect much but of course i love if it happen.

Maybe we should look at the range or $30k-$50k just to be on the safe side as far as market prediction goes. This price range is good, not very high estimates but and doable the way the price moves. As you have said, we almost broke $50k, but it didn't happen. But it seems the bulls are back now, as the price falls to $39k but gaining strength in the last 4 hours or so to push it to around $42k again, 3%-4% increased in the last 24 hours.

[SweetL0u]

Everything is in place for a bounce from BTC. I predict 60k in mid august

[Renampun]

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

everyone must have a different prediction of the potential price of bitcoin in the next few months...

I personally see that $60k is a price that bitcoin will definitely achieve before 2022 ends. bitcoin today is not like bitcoin a few years ago, many countries have recognized it as a currency, so it's back to the $60k range that bitcoin will definitely achieve again this year, just wait.

[777Jolami]

Bitcoin is a highly volatile asset and its price can go up and down unexpectedly, I believe bitcoin will bounce back and reach above $60k in 2022

[MiF]

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

We are still at the beginning of the second quarter of this year so i think it is too early to predict the price, but based on my observation btc price is slowly moving maybe it will not reach to 60k$ again this year, 45 to 50k$ price is more realistic than 60 to 70k$, but still it is depend on the news about crypto in the next couple of months.

[btc78]

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

Maybe that can happen, it can be seen from the current development of Bitcoin in the eyes of the world and the crypto market, I believe that entering October the Bitcoin price slowly rose by the end of the year to put the level of $60k, still in this year.

That's my belief for this year about Bitcoin.

but even there are so much good things happening in crypto space specially in Bitcoin community yet we are stagnant at this phase of the market , what should be hindering the market?
Am not sure if what could 2022 gives but at least I am contented to what i earned in 2021 so waiting for another 4 years is enough for me.

Bitcoin is a highly volatile asset and its price can go up and down unexpectedly, I believe bitcoin will bounce back and reach above $60k in 2022

how come?  any reason aside from that Volatility? there must be something that must triggered the price before climbing back to 60k.

[leea-1334]

We are still at the beginning of the second quarter of this year so i think it is too early to predict the price, but based on my observation btc price is slowly moving maybe it will not reach to 60k$ again this year, 45 to 50k$ price is more realistic than 60 to 70k$, but still it is depend on the news about crypto in the next couple of months.

Noone ever said it was too early to predict Bitcoin price,,, it is what we do here morning day and night  

But I really do not know,,, I keep thinking we will fall lower but for some reason BTC refuses to go for a long time below $40k. It is spending much more time above than below and this is with people feeling fearful all over the place. One big move up and we could really be seeing something amazing

[BobK71]

The anticipation is that bull market comes every four years later and now we are still in the bear market. The btc market is running within the range of 38K to 42K. Although the global situation is a bit negative now, the crypto world is not too worried about it. But halving requires a positive environment. I don't think so it will happen in this year, but expect with in two year we can see one another ATH.

[chikading2016]

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

I think it will bounce back but i have a doubt that it will reach 60k$,maybe it will only reach above 50k$ this year, bitcoin is now stable at 40k$, there is still a possibility to rise  well see next update of its price .There is nothing we can do all we need is to wait and see how bitcoin pass 50k$.

[arufox]

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

Indeed, after experiencing a price increase to the level of $47k a few weeks ago, bitcoin slightly decreased in price to the level of $ 38k. But in the last few days, the price of bitcoin has risen again where bitcoin is currently trading at a price range of $40k-$41k. Therefore I am optimistic that the current price increase has the potential to reach the target price of $60k.