Bitcoin reaches maximum, target $80K BTC

[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

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.

The correction has occurred for so long for bitcoin, this does not affect the extent to which bitcoin developments in the future will experience a significant increase, but this phase is likely to increase or decrease bitcoin, as far as bitcoin is able to get out of the existing problem, but I also think this year bitcoin it will be difficult to penetrate the highest price, even if the correction has not fully recovered, it is possible that bitcoin will continue to be corrected

[justdimin]

The correction has occurred for so long for bitcoin, this does not affect the extent to which bitcoin developments in the future will experience a significant increase, but this phase is likely to increase or decrease bitcoin, as far as bitcoin is able to get out of the existing problem, but I also think this year bitcoin it will be difficult to penetrate the highest price, even if the correction has not fully recovered, it is possible that bitcoin will continue to be corrected

Correction could happen at plenty of times, we had corrections all throughout the 2020 and 2021 period as well. I remember very clearly, before we reached all those 60k+ levels, first we needed to break over the previous ATH of 20k. When it reached close to that, it was like 19.6k or so, and it kept on dropping lower to 17k-18k levels.

You should have seen it, it happened like maybe 6 times and kept on going up and down and up and down so much. In the end, what happened? We reached to a level where it was 68k at the peak right? This shows you that even though we may have hard time cracking above a certain level, that is a temporary thing and won't hold for too long.

[Webetcoins]

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.

No way. where are you last time? On the beginning of first quarter, the marker already experience a bear and the bear was over because the price is now recovering. Cant you see the price now mostly stays above 40k level. Sure it can drop to 39k sometimes but I don't think it will go below 30k. We are simply done on that phase.

If there's one thing that didn't happened yet, that will only be the bull market. I am talking about the real one. The market shows an increase last time and people thinks the bear had already started but it was only fake. It's only just a bull trap. Like you, many are excited in the next 2 years but many are also excited for this year.

[19Nov16]

In November when the price almost reached $ 70K I was optimistic that the market after November would continue to skyrocket until it could reach $ 100K, unfortunately there was a dumping that was likely from the Pope to get profit so as to make the price until now could not touch $ 80K.

[lornadane]

Bahkan sampai hari ini saja harga bitcoin masih tetap dibawah harga $40k yaitu sekisaran $38k sekian yang namun posisi harga bitcoin saat ini sangat cocok untuk mereka yang mau membeli dan meyimpan nya dalam jangka pendek namun mereka juga bisa mendapatkan keuntungan nya waloupun tidak sepenuhnya.

In November when the price almost reached $ 70K I was optimistic that the market after November would continue to skyrocket until it could reach $ 100K, unfortunately there was a dumping that was likely from the Pope to get profit so as to make the price until now could not touch $ 80K.

Don't expect bitcoin to hit $80 any time soon.
Because until now the bitcoin price is still under $40k which is around $38k but the current bitcoin price position is very suitable for those who want to buy and keep it in the short term, but they can also benefit from it, although not completely.
I myself take the right position to buy at this time and I will sell when there is a 30% profit.

[btc78]

In November when the price almost reached $ 70K I was optimistic that the market after November would continue to skyrocket until it could reach $ 100K, unfortunately there was a dumping that was likely from the Pope to get profit so as to make the price until now could not touch $ 80K.

Lol it could not even break  50k again , yet you are expecting 80k 

this year will be the leveling year for the crypto as the Bear did not come since the start of the year though in 2017 after the bull run in December , automatically by January market starts to drop towards bitcoin and favors altcoins.

Maybe this 100k dream can be attain in the year 2024 to 2025 .

[bluebit25]

Seizing opportunities in the financial system in general and the crypto market in particular is something that not everyone is capable of. I don't think it's necessary to set a target for the future because if it crosses those levels, we will continue to move towards higher prices in this market. I myself only think of holding more and will only sell when I feel it is necessary for living expenses.

[Marvell1]

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.

No way. where are you last time? On the beginning of first quarter, the marker already experience a bear and the bear was over because the price is now recovering. Cant you see the price now mostly stays above 40k level. Sure it can drop to 39k sometimes but I don't think it will go below 30k. We are simply done on that phase.

If there's one thing that didn't happened yet, that will only be the bull market. I am talking about the real one. The market shows an increase last time and people thinks the bear had already started but it was only fake. It's only just a bull trap. Like you, many are excited in the next 2 years but many are also excited for this year.

Bitcoin can drop below 30k is quite possible if the 4-year cycle of bitcoin is right, this is something a lot of people wouldn't want it to happen. But that's how the market works, sometimes you think it can't happen but it happens. So be prepared for any situation.

Bahkan sampai hari ini saja harga bitcoin masih tetap dibawah harga $40k yaitu sekisaran $38k sekian yang namun posisi harga bitcoin saat ini sangat cocok untuk mereka yang mau membeli dan meyimpan nya dalam jangka pendek namun mereka juga bisa mendapatkan keuntungan nya waloupun tidak sepenuhnya.

In November when the price almost reached $ 70K I was optimistic that the market after November would continue to skyrocket until it could reach $ 100K, unfortunately there was a dumping that was likely from the Pope to get profit so as to make the price until now could not touch $ 80K.

Don't expect bitcoin to hit $80 any time soon.
Because until now the bitcoin price is still under $40k which is around $38k but the current bitcoin price position is very suitable for those who want to buy and keep it in the short term, but they can also benefit from it, although not completely.
I myself take the right position to buy at this time and I will sell when there is a 30% profit.

No new ATH will happen this year as we are already in a bear market. I think the current price below 40k is the right price to start buying, suitable for both long-term holders, not just short-term investors.
If you are a speculator, I hope you should consider carefully when deciding to buy at this point.

[bots1]

In my opinion, if the bitcoin adoption rate increases so more and more new investors come in trying to buy bitcoin then the bitcoin price could potentially reach around the $80k maximum price level next year. I believe the price of bitcoin is likely to experience a significant increase in the next year.

[Pamadar]

In my opinion, if the bitcoin adoption rate increases so more and more new investors come in trying to buy bitcoin then the bitcoin price could potentially reach around the $80k maximum price level next year. I believe the price of bitcoin is likely to experience a significant increase in the next year.

On the other note, if there's no interested buyers and holders it can be the other side and corrections or dump may take place.

People always aiming for good benefits and if there's none that can be found around this industry,
they may look for other venue of investment.

$80K is possible, just like how you describe it. If there're adoptions that take place, holders and buyers will follow
and start bringing money inside the market, resulting in a good pump to anticipate.

[dunfida]

In my opinion, if the bitcoin adoption rate increases so more and more new investors come in trying to buy bitcoin then the bitcoin price could potentially reach around the $80k maximum price level next year. I believe the price of bitcoin is likely to experience a significant increase in the next year.

There's no such thing about maximum price because this one could be classified as definite one considering it all matters or depends on overall adoption and recognition which means it would be sky is the limit

but since we do able to reach out 68-69k price ATH then we would presume out on numbers which is near from it where it do really talks about being realistic or could be reached out but nothing is certain

when it comes to this manner since everything is totally unpredictable.All we do need is to have some push towards its price but we know on what are the primary factors needed for this one.,

[Sir Legend]

If we look at the market in 2022, we must be optimistic that the price of $80 can be reached soon, the thing that makes me optimistic is that when there is a correction, the transaction volume will increase significantly, as happened a few days ago there was an increase in the daily volume of transactions by more than 30% because the price is in the $38k range.

[Yaunfitda]

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.

No way. where are you last time? On the beginning of first quarter, the marker already experience a bear and the bear was over because the price is now recovering. Cant you see the price now mostly stays above 40k level. Sure it can drop to 39k sometimes but I don't think it will go below 30k. We are simply done on that phase.

If there's one thing that didn't happened yet, that will only be the bull market. I am talking about the real one. The market shows an increase last time and people thinks the bear had already started but it was only fake. It's only just a bull trap. Like you, many are excited in the next 2 years but many are also excited for this year.

But if you look at the last all time high, we have barely reaches the capitulation, which means the price can still go down 50%-60% from the last high we got.

So we can't say that the correction is over, we still have like 8 months and anything can happen on that time frame. Nevertheless, getting below $30k might be the biggest opportunity again to accumulate because of the cheap price.

[barbara44]

On the other note, if there's no interested buyers and holders it can be the other side and corrections or dump may take place.

People always aiming for good benefits and if there's none that can be found around this industry,
they may look for other venue of investment.

$80K is possible, just like how you describe it. If there're adoptions that take place, holders and buyers will follow
and start bringing money inside the market, resulting in a good pump to anticipate.

If people are looking at bitcoin "just" for the profit then they shouldn't even be here if you ask me. Obviously profit is a major part of bitcoin world, the general crypto world but at the same time it's not the only reason why people should be interested in it. It's such a huge and big deal that we should be focusing on other stuff as well when we are investing.

I personally love it because it brings me so much freedom for example, freedom to be away from government and banks. Making profit is a great addition to that, but they are not addition to profit for me. When I first got into crypto, it was years ago and we weren't really looking for these type of profits, they happened and we were happy but we weren't interested in that initially.

[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

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.

Personally I'm not trying to get out of this phase, because we can use the current conditions to make a purchase, while the selling phase can't be done in current market conditions, this year's momentum doesn't react to the new ATH achievement for bitcoin, if you look at the chart for bitcoin , so waiting while preparing to purchase is a good move

[asrinur]

I think, technically Bitcoin still has the potential to hit $80k if it is able to break through strong resistance above $70k thanks to low volatility, increased buying, and more and more big companies adopting bitcoin. However, I see this year despite bitcoin's bullishness, it seems difficult to hit its $80k price target.

[KennyR]

I think, technically Bitcoin still has the potential to hit $80k if it is able to break through strong resistance above $70k thanks to low volatility, increased buying, and more and more big companies adopting bitcoin. However, I see this year despite bitcoin's bullishness, it seems difficult to hit its $80k price target.

During the first quarter of the year more positive news have happened with bitcoin, but there is no big move in the price of bitcoin. The bitcoin hash have reached the all time high making the network more stronger.

The price of bitcoin have been stabilizing around $40k for a long with smaller moves over and below $40k. At time the resistance barriers gets broken and in a short falls back while testing the next resistance point. Apart from all these activities, there is good move with the increasing adoption of bitcoin making it one of the best year for bitcoin. Good growth will happen in the year, and before the same there is more chances of a massive dip.

[RealMalatesta]

If people are looking at bitcoin "just" for the profit then they shouldn't even be here if you ask me. Obviously profit is a major part of bitcoin world, the general crypto world but at the same time it's not the only reason why people should be interested in it. It's such a huge and big deal that we should be focusing on other stuff as well when we are investing.

I personally love it because it brings me so much freedom for example, freedom to be away from government and banks. Making profit is a great addition to that, but they are not addition to profit for me. When I first got into crypto, it was years ago and we weren't really looking for these type of profits, they happened and we were happy but we weren't interested in that initially.

I would say that looking at it just for profit isn't all that evil neither. I get that there are other reasons why bitcoin should be loved, I love it for other reasons as well and I believe this is going to be quite profitable for many people and that is not a bad reason to invest neither. The thing is that, if we invest accordingly then we should be getting richer and then we could also be rich and use it for the other good things.

I rather have a few million dollars and do not worry about money and love bitcoin for all the great system it has, then be poor and focus on the great system. Not that the blockchain and all the other parts are not great, but money is a pressing concern for many people.

[Reatim]

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




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

the graph is good but the question is do we really possibly see that 80k this year ? I am not sure about that though we are still in the beginning of the year and there are lots to come in the following months .
Maybe we can try to understand and believe this will come when the 3rd quarter near to end because this is the time when the market and investors starts to show their support in market and this is also the time when the whole crypto community is making different approach ,
so lets see what is the to come in after this quarter, and if this coming to the near end .

[bitterguy28]

I think, technically Bitcoin still has the potential to hit $80k if it is able to break through strong resistance above $70k thanks to low volatility, increased buying, and more and more big companies adopting bitcoin. However, I see this year despite bitcoin's bullishness, it seems difficult to hit its $80k price target.

During the first quarter of the year more positive news have happened with bitcoin, but there is no big move in the price of bitcoin. The bitcoin hash have reached the all time high making the network more stronger.

There is mate, last April Bitcoin price tries to break 50k once more but fails and only reaches 48,000 price that decent and reasonable so yeah there is a positive effect from those news.

The price of bitcoin have been stabilizing around $40k for a long with smaller moves over and below $40k. At time the resistance barriers gets broken and in a short falls back while testing the next resistance point. Apart from all these activities, there is good move with the increasing adoption of bitcoin making it one of the best year for bitcoin. Good growth will happen in the year, and before the same there is more chances of a massive dip.

what is matter in our position now is Bitcoin still strongly holding 35-40k level that in which best for us all Bitcoin supporters .