Price target

[BuNga_cute]

Earlier this week when I looked at the price chart of Bitcoin, I also had this same thought that it is possible that the price might get to somewhere around $60,000. But, some of the analysis (or should I say comments) that I have been seen as recent are kind of making me doubt what I had in mind.

There have been some people who keep saying that the bull run is over and that Bitcoin has reached its all time high price and wouldn’t be getting as high as $60,000 again not to talk of crossing that price range. Some of them believe that the next bullish trend we’re going to see to get past the $60,000 prize would be around 2024 and 2025.

To be honest I myself was quite surprised that Bitcoin finally managed to rise above the price of $45k, whereas previously the price of Bitcoin always
failed to rise above the $45k price. But as you said because many people analyze that the bull run is over and this year entered a bearish trend.
That's what raises doubts about Bitcoin, but we shouldn't be too focused on other people's opinions that are not necessarily accurate. We must believe
in the results of our own analysis. so if we really believe this year Bitcoin will return to the price of $60k or even reach new ATH there is nothing wrong
with that. Because the reality is that everyone can't really know the future, so thinking positively by believing Bitcoin can be bullish again this year is
a good thing in my opinion. At least it makes us more enthusiastic about collecting Bitcoin.

[Farma]

Bitcoin price is now looking very bulish if its stable in this area for few days and next run can break resistance then end of the year it can go 65-69k in my opinion!! Also it can break its ath at the end of this year!!

I also hope that the price will stay in this range. however, before talking about the new ATH, I would probably aim for the bitcoin price to be close to or over $50k. in fact, the potential for the price you mentioned is indeed quite large this year. however, it might be better if bitcoin shows a bullish price movement in early April.
actually we can not draw conclusions with the recent upsurge, but we must remain optimistic. for the first, let's expect the bitcoin price to hit $50k.

[noorman0]

Over the last 1 month Bitcoin has built 4 strong resistance points in the $44k area (12hs timeframe). But it's still too early to be strong bullish before making some support points. Bitcoin should hit that point again in the next few days in order to break through the next resistance area at $50k which during the last 3 months bearish phase it has not been touched.

[LastKiss]

Bitcoin price is now looking very bulish if its stable in this area for few days and next run can break resistance then end of the year it can go 65-69k in my opinion!! Also it can break its ath at the end of this year!!

Always having a positive mind is really good but keep in mind anything can happen in this crypto market, maybe you can look at previous years when Bitcoin have a little bull condition in the end kept crashing to a steady price of 35-40k. I also hoping not only Bitcoin have a bull run this year but also all top tiers Altcoins too, it would be great if this year we continue rising stable.

[Ararbermas]

Bitcoin price is now looking very bulish if its stable in this area for few days and next run can break resistance then end of the year it can go 65-69k in my opinion!! Also it can break its ath at the end of this year!!

there's always a potential once bitcoin is showing a sign, and for me IMO if it didn't respect the current resistance for sure we will another ATH this year.

Infact all news nowadays are good when it comes bitcoin, for example adoption, regulation in or countries and some company that investing massive amount in bitcoin despite of situation Terra (LUNA) Co-Founder Reveals Massive $3,000,000,000 Bitcoin (BTC)
So i wouldn't be surprised if bitcoin turn into bullish again and keep improving this year.

[barbara44]

As you may guess every single one of us would like for the price of bitcoin to go up during this year, however we need to recognize that it is not going to be easy to go back to the previous all time high, the markets are afraid due to all the uncertainty around the world as inflation is high, there is a war at Ukraine and North Korea tested a new missile which is the best they have designed yet, so with all of this in mind it will be difficult for the price of bitcoin to go up in value during this year.

I don’t think that North Korea testing a new missile would have anything to do with the price of Bitcoin. Maybe the war between Ukraine and Russia, that I would believe, but not that of North Korea’s missile. But even the war between Ukraine and Russia, as I’m seeing it hasn’t really had any effect on Bitcoin price. We have already seen the price go this low before the war started.

And if there is anything I think someone in such places would do, is that they would definitely consider having their money saved in Bitcoin. Although it wouldn’t be all as they would also be needing Fiat for some expenses. But, a country where  currency is losing its value due to war and some uncertainties, Bitcoin is definitely the best asset for anyone to hold there.

[nur rochid]

Bitcoin price is now looking very bulish if its stable in this area for few days and next run can break resistance then end of the year it can go 65-69k in my opinion!! Also it can break its ath at the end of this year!!

Always having a positive mind is really good but keep in mind anything can happen in this crypto market, maybe you can look at previous years when Bitcoin have a little bull condition in the end kept crashing to a steady price of 35-40k. I also hoping not only Bitcoin have a bull run this year but also all top tiers Altcoins too, it would be great if this year we continue rising stable.

today we can see bitcoin breaking through $47k. If this positive trend continues, I don't think it will be difficult for bitcoin to break through the $69 area by the end of this year or beyond. but we also have to look at the development of the world, where bitcoin is vulnerable to news, so it is involved with the development of bitcoin, although sometimes there are also attachments. just like the war that is currently happening, bitcoin is directly used, so it can raise the name of bitcoin and its price

[maydna]

Bitcoin price is now looking very bulish if its stable in this area for few days and next run can break resistance then end of the year it can go 65-69k in my opinion!! Also it can break its ath at the end of this year!!

After two days of what @OP wrote, bitcoin is showing its strength by increasing its price to the level of $47k, and this could continue to $48k, and hopefully, it will come true. Hopefully, before the end of the year, the price can return to the $65k-$69k level or even more because supported by the ubiquitous adoption, it could provide more power for bitcoin to grow. I don't know to what level the price will increase later but what is clear is that it will exceed the last ATH. But we still have to be patient because we don't know when that could happen.

[monineklutak]

Bitcoin price is now looking very bulish if its stable in this area for few days and next run can break resistance then end of the year it can go 65-69k in my opinion!! Also it can break its ath at the end of this year!!

Always having a positive mind is really good but keep in mind anything can happen in this crypto market, maybe you can look at previous years when Bitcoin have a little bull condition in the end kept crashing to a steady price of 35-40k. I also hoping not only Bitcoin have a bull run this year but also all top tiers Altcoins too, it would be great if this year we continue rising stable.

today we can see bitcoin breaking through $47k. If this positive trend continues, I don't think it will be difficult for bitcoin to break through the $69 area by the end of this year or beyond. but we also have to look at the development of the world, where bitcoin is vulnerable to news, so it is involved with the development of bitcoin, although sometimes there are also attachments. just like the war that is currently happening, bitcoin is directly used, so it can raise the name of bitcoin and its price

So far, the price of Bitcoin continues to increase, but even so, we shouldn't have too high expectations by setting a target,
however we will not know whether the market conditions are really stable or not,
the most important thing is to continue to follow developments and hope that there will be good news later so that it will make the price of Bitcoin continue to rise

[tvplus006]

While the price is in this range, you can easily see on the chart that the price has an upward movement. But if we look at the chart more globally, we can state that we are in a bearish cycle. So do not get hung up  with expecting ATH, you need to trade local movements in long or short.

[jaberwock]

Always having a positive mind is really good but keep in mind anything can happen in this crypto market, maybe you can look at previous years when Bitcoin have a little bull condition in the end kept crashing to a steady price of 35-40k. I also hoping not only Bitcoin have a bull run this year but also all top tiers Altcoins too, it would be great if this year we continue rising stable.

It's possible to retain that positive attitude no matter what happens in the market. When the market falls, that's good because we can buy safely and the fall of the market is not permanent so why think negatively? It's bad and it can only cause you be unmotivated in this journey you entered.

We can use the previous year/s as a reference if what we can expect only if it will repeat but we should have a plan b if ever the price moves in a different direction that we don't expect. Don't worry about altcoins but they are going to follow what btc is doing. Rising in a stable manner is a great thing because there will be less pressure or less worries.

[suzanne5223]

The market ought to be in correction season now and with the adoption of institution and countries which sees Bitcoin as safe-haven things changed. However, it is hard to tell if the market will break its previous ATH price but anything can happen in the crypto market cause the market is full of possibilities.
My advice is that you guys should start treating your holding as an asset than selling for a quick profit.

[Myleschetty]

Bitcoin price is now looking very bulish if its stable in this area for few days and next run can break resistance then end of the year it can go 65-69k in my opinion!! Also it can break its ath at the end of this year!!

Bitcoin prices gradually increasing due to some positive effects issues, Russian parliamentary acception of Bitcoin due to fuel and gases power consumption,  and Ukraine government acception of Bitcoin due to receive payment from different countries. Just wait and see where the Bitcoin prices would be hitted 67k$ or more?

Bitcoin has shown positive effects before the Russian parliamentary decision about using it as a payment method thats if you notice the bullish trend of the market ever since the economic meltdown introduce Bitcoin as the next alternative instead of fiat currency.
The Russian acceptance and the Ukraine legalization are just news that fuels the buzz of people towards Bitcoin accumulation.

[TheUltraElite]

Bitcoin price is now looking very bulish if its stable in this area for few days and next run can break resistance then end of the year it can go 65-69k in my opinion!! Also it can break its ath at the end of this year!!

I like your optimism but you have to be realistic at times too. While bitcoin can surely touch such prices it becomes less of value if that is not sustained for a long period of time. Prices of the current range are still a long way from crossing 60k so I would rather hold and wait for the time being.

As for buying, I would buy at prices lower than 45k usd and not more. There can be both side movements so keep money at hand.

Breaking the resistance at 50k is the next hurdle. Let's see how the bulls cross that.

[Mahanton]

Bitcoin price is now looking very bulish if its stable in this area for few days and next run can break resistance then end of the year it can go 65-69k in my opinion!! Also it can break its ath at the end of this year!!

I like your optimism but you have to be realistic at times too. While bitcoin can surely touch such prices it becomes less of value if that is not sustained for a long period of time. Prices of the current range are still a long way from crossing 60k so I would rather hold and wait for the time being.

As for buying, I would buy at prices lower than 45k usd and not more. There can be both side movements so keep money at hand.

Breaking the resistance at 50k is the next hurdle. Let's see how the bulls cross that.

Accumulation is the key but patience would be a big factor in regarding with these kind of decisions since we dont know on where prices could actually go but actually if you do really like to see profits on short term duration then its normal that you would be minding on creating or make out some target or goal line on when you would make out some decision on when to sell.Its a must because not all people could really wait up
for a very long time just for some small amounts of profits which i dont see for it to be worth of your time on waiting.If you could utilize off things then you should do it but well its not really that simple though.

[Doell]

What I am excited about for the next coming days is the monthly candle close for this month which is March.
Bitcoin staying above $40,000  until next month is very bullish also for me for the short term.
These few days are more crucial to trade for me as monthly candle close is fast approaching.

In the short term it should be very profitable, moreover we might hit 50K even though it looks heavy. I also thought, and this also includes the close of the first quarter, we will star q2 soon I hope this bullish is a sign of a mature signal.
by the way @OP your target price this year may look close or exceed it sometimes indeed we all can't predict it in the medium terms. But in the long terms price at that value will probably look again.

[arwin100]

What I am excited about for the next coming days is the monthly candle close for this month which is March.
Bitcoin staying above $40,000  until next month is very bullish also for me for the short term.
These few days are more crucial to trade for me as monthly candle close is fast approaching.

In the short term it should be very profitable, moreover we might hit 50K even though it looks heavy. I also thought, and this also includes the close of the first quarter, we will star q2 soon I hope this bullish is a sign of a mature signal.
by the way @OP your target price this year may look close or exceed it sometimes indeed we all can't predict it in the medium terms. But in the long terms price at that value will probably look again.

We didn't think that price will go at $48k but it achieve so no wonder that if it pull up again the target price will be hit so I guess $50k price prediction is kinda reachable at the moment since we are now seeing some positive insight follow up with good news happening towards crypto or especially with bitcoin these days. But as of the moment its good to do short trades on this since the current movements is good to take for positioning.

[Oceat]

I don't think it will reach $65k within this year it seems that the pattern didn't meet how it move if we look at the chart for 1 year. We are closing to the bear market but with this slight pump helps us to get some profit so be wise when trading. Since last month Bitcoin price just keep touching the $38k but who would have thought that it would pump to $48k? I just thought it won't bother to pump anymore since I've lost it when the hype during war didn't happen.

[lepbagong]

Bitcoin price is now looking very bulish if its stable in this area for few days and next run can break resistance then end of the year it can go 65-69k in my opinion!! Also it can break its ath at the end of this year!!

Always having a positive mind is really good but keep in mind anything can happen in this crypto market, maybe you can look at previous years when Bitcoin have a little bull condition in the end kept crashing to a steady price of 35-40k. I also hoping not only Bitcoin have a bull run this year but also all top tiers Altcoins too, it would be great if this year we continue rising stable.

since the beginning of the year bitcoin's movement looks very stable in the range of $33K+ - $47K+ and doesn't look like it wants to go below $30K or even wants to cross $50K. but we have to admit at the moment it looks like a bull is going, because the price is likely to be in the $40K + range and a possible break through the resistance at $50K could happen in the next few weeks. hopefully the good news that continues to grow either through state institutions or large companies, will bring bitcoin to be able to increase.

I agree that if there is an increase in bitcoin, it is certain that altcoins will have an impact too, because with altcoins increasing, the crypto market will move in a very positive direction because many investors hold altcoins.
Of course, we also hope that many new projects will be successful in the market with altcoins moving to improve, creating more competition in altcoins for improvement.

maybe last year's analysis 2021, that year-end bitcoin will reach $100K may be exceeded for the next month period. because the positive direction of bitcoin is already visible, it is necessary to be patient with the occurrence of the price.

[Xampeuu]

I don't think it will reach $65k within this year it seems that the pattern didn't meet how it move if we look at the chart for 1 year. We are closing to the bear market but with this slight pump helps us to get some profit so be wise when trading. Since last month Bitcoin price just keep touching the $38k but who would have thought that it would pump to $48k? I just thought it won't bother to pump anymore since I've lost it when the hype during war didn't happen.

nothing is impossible for bitcoin to reach $65k, currently $8k has been reached by bitcoin, if bitcoin can break through all resistance, it's not impossible for bitcoin to return to the previous ath peak. indeed, no one knows for sure when it will happen, but what is certain is that bitcoin will eventually reach its target, although it is also possible not for this year, or even before the end of this year. why do we worry about time, isn't it better to be patient waiting?