Bitcoin reaches maximum, target $80K BTC

[sana54210]

It's easier said than done though, many could be in panic if they see that they portfolio might be going down hard so instead of buying in the dip, they sold and take a lose at one point in time.

And I think this part of being in this industry wherein emotions play a big part.

Now the price is somewhat in the $40,000 region, which is still a good indication that we are not going to fall further or even reaching the lowest low. We still have a good chance to even go as high as $45,000 again.

If you can't handle your emotions and end up selling when the price goes up, the mistake is very obvious and you should be aware of it. If you are aware of your mistake and you realize that you shouldn't have sold when it is going down then you could recover that and learn from that mistake and be a better trader in the future. However, if you can't see the mistake and you keep on doing that maybe you should stop trading.

I mean trading requires iron clad will and you should be able to do a lot better. I get that you may not be able to do it, it's ok, you do not have to be a trader. Just be a long term holder and stop trading and just buy and hold and do nothing else for a decade.

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[traderethereum]

In my personal opinion I see it as a good time to invest a good amount in BTC and leave them a few months to mature, what do you think? Will they do the same as me?

BUY, HOLD, and SELL.

That is what people who want to have investments should do because buying, holding, and selling will give them the opportunity to make a profit.
Try to be a holder and don't be a weak hand because that will do you nothing but losses.
The current price range is still good enough to buy and hold for a while as the bitcoin price will surely return to a higher price.
The next bitcoin price forecast could be in the price range above yesterday's ATH so it's not too late to buy bitcoin and hold it.

It's easier said than done though, many could be in panic if they see that they portfolio might be going down hard so instead of buying in the dip, they sold and take a lose at one point in time.

And I think this part of being in this industry wherein emotions play a big part.

Now the price is somewhat in the $40,000 region, which is still a good indication that we are not going to fall further or even reaching the lowest low. We still have a good chance to even go as high as $45,000 again.

Maybe all they need is to repeatedly have this kind of experience so they won't panic because they've gotten used to the downturn and can finally use it to buy more.
But if they're never willing to learn what to do when the market is down, they'll just keep panicking without being able to use it for them.
Yes, emotions play a big role but it depends on how they can manage.
The price is still around $40k but the green candle has returned to the market.
So there is a possibility to see another increase in the next week.

[justdimin]

Maybe all they need is to repeatedly have this kind of experience so they won't panic because they've gotten used to the downturn and can finally use it to buy more.
But if they're never willing to learn what to do when the market is down, they'll just keep panicking without being able to use it for them.
Yes, emotions play a big role but it depends on how they can manage.
The price is still around $40k but the green candle has returned to the market.
So there is a possibility to see another increase in the next week.

It takes about 2 to 3 years depending on when you got in. People end up seeing the price go down for the first time and do not understand it when they see it for the first time, but when you see it again, you kind of "expect it", you may still end up getting in panic mode and sell but this time around you know what happened last time so you kind of expect it to go up and instead of selling you should have bought more.

After that, the third time is quite easy, that is years years later and you would be basically racking in cash at that point because you know what you should have done. I am not saying that you can't make mistakes, but at least it would be dropping to a minimum.

[Epaper]

In my opinion, it looks like there will be a significant increase in the price of bitcoin considering there has been some positive news about bitcoin in the last few days. For the price increase, I predict the price of bitcoin will reach the range of the $50k-$60k area by the middle of this year. But before rising in the $60k area, we have to be careful whether bitcoin will continue to be bullish to reach the $80k price target, or maybe it will drop and return to $40k.

[chikading2016]

I think bitcoin needs to break the 45k$ resistance before we can talk about the 80k$ price, bitcoin is now still at 40k$ and i think it is imposible to rise to 80k$ this year, there is a possibility to reach 80k$ but very small chances base on the market situation and the current price i dont think it will reach 80k$.

[Shasha80]

I think bitcoin needs to break the 45k$ resistance before we can talk about the 80k$ price, bitcoin is now still at 40k$ and i think it is imposible to rise to 80k$ this year, there is a possibility to reach 80k$ but very small chances base on the market situation and the current price i dont think it will reach 80k$.

Your words make a lot of sense, because indeed this year Bitcoin tried to reach the price of $ 50k always failed. And once Bitcoin rose above
the $45k price it didn't last long, because now Bitcoin is moving more below the $45k price. So the target of $80k will not be achieved if the price of
Bitcoin is always below the price of $45k, we have to wait for the price of Bitcoin to go back above the $45k price, after that if the price of Bitcoin
reaches the price of $50k then there is a possibility that Bitcoin can reach the price of $80k. But it seems difficult this year to expect Bitcoin price
to hit its $80k price target, if we look at the rise of Bitcoin in 2021 which is so high.  Therefore, it is natural that if there is a bullish trend, the next
bear trend will occur, which happened this year. Maybe my prediction is the maximum target that Bitcoin will achieve this year is to get back above
the $60k price.

[Pamadar]

In my opinion, it looks like there will be a significant increase in the price of bitcoin considering there has been some positive news about bitcoin in the last few days. For the price increase, I predict the price of bitcoin will reach the range of the $50k-$60k area by the middle of this year. But before rising in the $60k area, we have to be careful whether bitcoin will continue to be bullish to reach the $80k price target, or maybe it will drop and return to $40k.

Deeper research and analysis is what investors and traders need to avoid making a mistake investing into bitcoin.

The chance of making a decent amount of profits is possible if you know how to anticipate the right way, either to buy and hold
or to ride with a short pump and sell the rinse back at the market.

All is depend from how will you execute your strategy. $80K is not that far from the last time high, if another strong bullish
will show up $60K will be break and the chance of seeing new ATH is there to witness.

[peter0425]

That gives me a goal of around $80,000," he concluded.

In my personal opinion I see it as a good time to invest a good amount in BTC and leave them a few months to mature, what do you think? Will they do the same as me?


Source: https://cointelegraph.com/news/bitcoin-hits-2022-high-as-analyst-gives-new-80k-btc-price-target

It will Happen of course , But within 2022? I'm afraid it will be harder  for Bitcoin to even break 70 .

Yeah it is near the ATH but look how strong the denying happening nowadays ?

I think bitcoin needs to break the 45k$ resistance before we can talk about the 80k$ price, bitcoin is now still at 40k$ and i think it is imposible to rise to 80k$ this year, there is a possibility to reach 80k$ but very small chances base on the market situation and the current price i dont think it will reach 80k$.

Are you checking the market? 45k had been broken early this month so what are you talking about making to 45 k again?

[stomachgrowls]

I think bitcoin needs to break the 45k$ resistance before we can talk about the 80k$ price, bitcoin is now still at 40k$ and i think it is imposible to rise to 80k$ this year, there is a possibility to reach 80k$ but very small chances base on the market situation and the current price i dont think it will reach 80k$.

Nearly impossible for this year but we know that there would be always a possibility because we do still have 8 months for this year and it is really still a lot of time to made out some major changes in price but well its not an assured thing.
Maximum target 80k? Better not to stress yourself out and it would be better to accumulate coins as much as you could rather than on keeping on guessing without having any plans
on taking risk of accumulation.
TA's are sensible and considerable but it cant give out 100% precision.

[TravelMug]

I think bitcoin needs to break the 45k$ resistance before we can talk about the 80k$ price, bitcoin is now still at 40k$ and i think it is imposible to rise to 80k$ this year, there is a possibility to reach 80k$ but very small chances base on the market situation and the current price i dont think it will reach 80k$.

Nearly impossible for this year but we know that there would be always a possibility because we do still have 8 months for this year and it is really still a lot of time to made out some major changes in price but well its not an assured thing.
Maximum target 80k? Better not to stress yourself out and it would be better to accumulate coins as much as you could rather than on keeping on guessing without having any plans
on taking risk of accumulation.
TA's are sensible and considerable but it cant give out 100% precision.

We are in a period wherein the price might tank for a while, so there will be no movement and even if we break $45k, it's going to be a long shot to hit $50k just like what we have seen when we hit $48k, the price suddenly goes down again.

TA can only help us obviously to predict and speculate about the price but it is far from being precise. So for me, $80k might be unlikely this year.

[Webetcoins]

In my opinion, it looks like there will be a significant increase in the price of bitcoin considering there has been some positive news about bitcoin in the last few days. For the price increase, I predict the price of bitcoin will reach the range of the $50k-$60k area by the middle of this year. But before rising in the $60k area, we have to be careful whether bitcoin will continue to be bullish to reach the $80k price target, or maybe it will drop and return to $40k.

We are already closer to middle of the year, June is the middle and we are ending April right now, which means that we are talking about 40 days give or take. I believe that we will be 50k by that point instead of 60k, and we will going down a bit during summer instead of going up. Then we will probably reach to ATH during the Q4 period as well.

We have gone up a lot during October -November -December trio, this has happened many times before and it could happen again as well. What people are forgetting that we had some down times during those periods as well before, which means that if it is not a bull period, then there is a good chance it could be a bear period as well.

[Chato1977]

I think bitcoin still has great potential and opportunity to continue to skyrocket, the increasing number of users and the latest data findings are that users in African countries are increasing significantly, making us optimistic that this year the bitcoin price can pass the ATH that occurred in November 2021, and I think 2022 could pass $80k

Hope and Reality both are different thins.Look at bitcoin price chart,last 2-3 month bitcoin movement around under $40k or avobe $40k+. I think bitcoin price will increase in This year but i Don't think it will be $80k+ because huge difference but it will possible.

let people think of impossible because it is their will and their risk .but on your part? do and think what you believe in, if you have some funds to spare for bitcoin then invest but make sure that you are ready for long term holding because that is when the market going now and not those kinda profiting in shortwhile .
though at any chances we can make other option in those are altcoin but also make sure you know where to invest.

For people who doesn't know about what they are saying provably they would say that thing because they doesn't have confidence on things they didn't understand, but since many people who's old enough and know how to diversify their investment for sure they are into longterm especially those whales we can see on the market buying a large sum of bitcoins.

It is not because we can hold long term , but what we need to be here? is ready to buy shortly or at least  hold long term meaning we must be ready for everything that will happen in our investments .
there are chance that we can earn easy? but we can lose easily also .

[Vatimins]

     After all the weeks of dumping and giving false hope and all I hope op didn't do high leverage trades that would've made him suffer huge losses. $80k was not an unreasonable goal at that time to be honest, even at this moment when the market seems very bearish, there is still a chance for bitcoin to reach $80k within this year. Classic hopium as you may see it but being in this industry for years, I don't disregard possibilities that most would think impossible anymore. Of course, unless it is way too unreasonable. Anyway, for the short term though, I am still expecting a pullback to 37800-38k-ish before another retest for the 44k-45k levels. When bitcoin gets past this resistance, it will be interesting to look at where bitcoin is about to go next like further up or back down for a bigger jump or to go even lower.

[darewaller]

    After all the weeks of dumping and giving false hope and all I hope op didn't do high leverage trades that would've made him suffer huge losses. $80k was not an unreasonable goal at that time to be honest, even at this moment when the market seems very bearish, there is still a chance for bitcoin to reach $80k within this year. Classic hopium as you may see it but being in this industry for years, I don't disregard possibilities that most would think impossible anymore. Of course, unless it is way too unreasonable. Anyway, for the short term though, I am still expecting a pullback to 37800-38k-ish before another retest for the 44k-45k levels. When bitcoin gets past this resistance, it will be interesting to look at where bitcoin is about to go next like further up or back down for a bigger jump or to go even lower.

As long as you are risking yourself with like 100x leverage and then accept that all of your investment will be gone if you are wrong on the direction of the market, then you have taken all the risks and accepted them. I am not saying that I believe he made a loss, I have no idea what people fared in this market, some probably made money while others lost, but high leverages are always too risky and you need to accept that when getting in.

Just a 1-2% move on the wrong direction and all your bet is gone. I rather go play some blackjack and I would feel a lot more at ease with it, even though it's gambling, at least I know that I am gambling my money away instead of having false hopes of earning.

[MiF]

Lets just wait until 3rd quarter of the year before we do speculation about the price. Because the price of bitcoin depends on the market situation,and i think the price of btc is still 39k$ to 40k$ so i think it is hard to think that the price will soar up to 80k$ for just a months from now, so best thing to do is to wait for the third quarter and decide if you are going to buy and hold.

[Vatimins]

~

     Well, people do have different tolerance on risks and have varying financial capabilities. I was just wishing that op didn't lose much because no matter how rich you are, losing will always leave a sour taste in your mouth. Now, gambling in trades and the good'ol traditional gambling sites, as a gambler, you should know that no matter where it is, if it has a sense of uncertainty of winning and losing, it is interesting to a gambler. What it comes down to is what interests a gambler has like sports betting, cards, or whatever. Some gamblers love to gamble on high lev trades as well since it is thrilling for them as much as it is thrilling for gamblers that gamble on sports. Specially those that have less knowledge about trading, lol. But hey, each to his own, as long as it is their money, they can do whatever they want with it.

[the ghabbar]

Lets just wait until 3rd quarter of the year before we do speculation about the price. Because the price of bitcoin depends on the market situation,and i think the price of btc is still 39k$ to 40k$ so i think it is hard to think that the price will soar up to 80k$ for just a months from now, so best thing to do is to wait for the third quarter and decide if you are going to buy and hold.

It's difficult in market conditions like now bitcoin will reach a new ATH, although in certain circumstances this can be said to be possible, bitcoin price is still holding in the range of 39K-40K, many things have to be passed to reach its highest price, I think need to wait for the 3rd quarter , so that we can make predictions according to the market reaction, because for the next few months I think it will be difficult for bitcoin to react that way

[Oasisman]

Lets just wait until 3rd quarter of the year before we do speculation about the price. Because the price of bitcoin depends on the market situation,and i think the price of btc is still 39k$ to 40k$ so i think it is hard to think that the price will soar up to 80k$ for just a months from now, so best thing to do is to wait for the third quarter and decide if you are going to buy and hold.

It's difficult in market conditions like now bitcoin will reach a new ATH, although in certain circumstances this can be said to be possible, bitcoin price is still holding in the range of 39K-40K, many things have to be passed to reach its highest price, I think need to wait for the 3rd quarter , so that we can make predictions according to the market reaction, because for the next few months I think it will be difficult for bitcoin to react that way

Nah, I guess Bitcoin will continue to have correction below 30k for the whole year of 2022. We have not seen a real bearish market for quite some time now. The last we have seen it was around 2019? After that Bitcoin have just skyrocketed.
The market really needs to have a consolidation period. For the market to allow new accumulation phase and for the new investors to have a good entry point.
I am not expecting much for this year, because I am looking forward for the next 2 years as it is the end and the beginning of the 4 year cycle which usually pull Btc's price in an upward momentum.

[StreakW]

Looks like bitcoin is having a hard time hitting its $80k price target this year. Moreover, until now the price of bitcoin has not been able to reach the $50k area. Therefore I think it's too early to say if the bitcoin price will reach $80k even reaching a price above $50k is still difficult.

[Baofeng]

Looks like bitcoin is having a hard time hitting its $80k price target this year. Moreover, until now the price of bitcoin has not been able to reach the $50k area. Therefore I think it's too early to say if the bitcoin price will reach $80k even reaching a price above $50k is still difficult.

We can just throw in random numbers and say that this will be the max price for this year. But we all know that we are in a bear market, so the price could not just literally set up and have a new all time high at the end of the year.

So we will have to wait for $80k, we might be talking about the price still going down again and maybe touching the last all time high we had in 2017, and that could be the worst scenario in this bear market.