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Author Topic: Bitcoin reaches maximum, target $80K BTC  (Read 951 times)
lizarder
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May 02, 2022, 02:20:08 PM
 #101

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.
It can be said that, because the condition of bitcoin in the market is in a correction condition, so the possibility of reaching a price of $60-$65k is more realistic, the increase in bitcoin for now is slightly lower, because the correction phase is still at a stage that has not been able to fully recover, and I also think so, that bitcoin in this year is difficult to reach the price of $ 80k, but overall we can not predict

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May 02, 2022, 08:44:28 PM
 #102

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 .
Not the beginning because the month now is already may. almost 5 months have passed and along with that, the price had improved a little but this is not enough for some to say that 80k is coming. For us that are strict in terms of price predictions, we can only say that 80k is coming once the price reached 60k or more.

If we check the chart history we can see that on some years, the bull begins on the 3rd quarter but there are also years that it didn't happened so it is still hard to say if there will be a bigger surprises once we hit the 3rd quarter of this year or the situation will still remains the same as on what we are seeing now.

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May 02, 2022, 09:11:55 PM
 #103

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.
It can be said that, because the condition of bitcoin in the market is in a correction condition, so the possibility of reaching a price of $60-$65k is more realistic, the increase in bitcoin for now is slightly lower, because the correction phase is still at a stage that has not been able to fully recover, and I also think so, that bitcoin in this year is difficult to reach the price of $ 80k, but overall we can not predict
Reaching the ATH is not really that much of a bad deal neither. If it happens to reach anything over 60k, I would be quite happy about it, still wouldn't sell it but I would at least be happy more than where we are right now. The ups and downs are the regular parts of the market and we just need some more ups right now that's it.

The difference is that we are talking about something that would be a bit more beneficial for you right now but still would be also giving hope back to the market in the long run even if it goes down as well. If you see 40k for three four months and not see 60k+ for 6+ months then you start to lose hope, if it goes to 60k once and drops back to 40k, that would be different than staying at 40k.
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May 03, 2022, 10:30:03 AM
 #104

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 .
Not the beginning because the month now is already may. almost 5 months have passed and along with that, the price had improved a little but this is not enough for some to say that 80k is coming. For us that are strict in terms of price predictions, we can only say that 80k is coming once the price reached 60k or more.

Well i have not mentioned that we are just starting yet I have told this to be the 3rd quarter movement , I don't know where did you get that beginning of the year.
Quote
If we check the chart history we can see that on some years, the bull begins on the 3rd quarter but there are also years that it didn't happened so it is still hard to say if there will be a bigger surprises once we hit the 3rd quarter of this year or the situation will still remains the same as on what we are seeing now.
That's what I said right? that we might see increase in the next quarter in which 3rd quarter I believe?

so I can't see anything that will matter on that?

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May 04, 2022, 02:03:50 PM
 #105

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.
I agree with you that this year bitcoin is expected to bring significant price growth up to $80k. Although so far the bitcoin price is still in a downtrend, I am optimistic that in Q4 this year the bitcoin price will be bullish again. Therefore, it will be interesting to see how bitcoin performs so far this year.

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May 04, 2022, 03:05:52 PM
 #106

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.
I agree with you that this year bitcoin is expected to bring significant price growth up to $80k. Although so far the bitcoin price is still in a downtrend, I am optimistic that in Q4 this year the bitcoin price will be bullish again. Therefore, it will be interesting to see how bitcoin performs so far this year.
For what reasons do you expect bitcoin to rise to 80k this year? For reasons of global crisis, stock market crash, war and tensions in the world or a new pandemic coming? It is not yet clear to me for which of these reasons bitcoin should break the downward trend and start rising. So far it seems to me that we can see a new growth to a new ATH after a new halving after 2024.
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May 04, 2022, 03:23:11 PM
 #107

For what reasons do you expect bitcoin to rise to 80k this year? For reasons of global crisis, stock market crash, war and tensions in the world or a new pandemic coming? It is not yet clear to me for which of these reasons bitcoin should break the downward trend and start rising. So far it seems to me that we can see a new growth to a new ATH after a new halving after 2024.
The main reason why people expect bitcoin to be bullish again and hit ATH at $80K this year is because it wants to make a profit. Yes, maybe ATH can hit this year but maybe not because I think this downtrend looks right until the next halving. I don't think why we should ask someone who is optimistic and wants to enjoy bitcoin ATH this year, but they should have good analysis to back up that optimism (not just agree/no).

 
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May 04, 2022, 11:58:54 PM
 #108

For what reasons do you expect bitcoin to rise to 80k this year? For reasons of global crisis, stock market crash, war and tensions in the world or a new pandemic coming? It is not yet clear to me for which of these reasons bitcoin should break the downward trend and start rising. So far it seems to me that we can see a new growth to a new ATH after a new halving after 2024.
The main reason why people expect bitcoin to be bullish again and hit ATH at $80K this year is because it wants to make a profit. Yes, maybe ATH can hit this year but maybe not because I think this downtrend looks right until the next halving. I don't think why we should ask someone who is optimistic and wants to enjoy bitcoin ATH this year, but they should have good analysis to back up that optimism (not just agree/no).
Not really that bad to be optimistic but on the time that you've been anticipating for its price to hit up 80k in a short span of time then you shouldnt because it would really just stress you out.

Lets just wait on where this market would be heading on and the best thing to be done is to secure out your position whatever the price you are engaging on.

ATH is unknown on how far it would able to reach out and we know its potential.

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May 05, 2022, 02:11:52 AM
 #109

For what reasons do you expect bitcoin to rise to 80k this year? For reasons of global crisis, stock market crash, war and tensions in the world or a new pandemic coming? It is not yet clear to me for which of these reasons bitcoin should break the downward trend and start rising. So far it seems to me that we can see a new growth to a new ATH after a new halving after 2024.
The main reason why people expect bitcoin to be bullish again and hit ATH at $80K this year is because it wants to make a profit. Yes, maybe ATH can hit this year but maybe not because I think this downtrend looks right until the next halving. I don't think why we should ask someone who is optimistic and wants to enjoy bitcoin ATH this year, but they should have good analysis to back up that optimism (not just agree/no).

It's different though, in crypto we have speculation and then it is very different from what is happening. Right now, although the price is way below the ATH, people still thinks and hope that it can go back and even hit as high as $80k. But then again, that just speculation. I mean we are in a bear market, so it's hard for the market just to bounce back. And this downtrend might continue for at least a year or so.

 
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May 05, 2022, 07:51:44 AM
 #110

I'm sure that the potential of Bitcoin is still good and promising for the long term, and today is proven again because the price has gone up more than 3% and will return to the level of $ 40K, many experts believe that in May the price will pass $ 50K.
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May 05, 2022, 10:15:18 AM
 #111

I'm sure that the potential of Bitcoin is still good and promising for the long term, and today is proven again because the price has gone up more than 3% and will return to the level of $ 40K, many experts believe that in May the price will pass $ 50K.
Bitcoin's long-term potential is proven by the fact that the price is up 3% today? And I thought bitcoin's potential was in its deflationary model and ease of use without third party involvement. Analysts, especially on Twitter, always start talking about growth when bitcoin is up and fall when bitcoin is down. I wouldn't listen to any analysts at all because almost all of them are fortune tellers.
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May 14, 2022, 12:00:07 PM
 #112

It's hard to see what will happen next, and I think it will be difficult for bitcoin to hit its $80k price target this year. That said, but there seems to be a good chance we will see bitcoin potentially hitting all-time highs next year.

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May 15, 2022, 04:05:09 PM
 #113

It's hard to see what will happen next, and I think it will be difficult for bitcoin to hit its $80k price target this year. That said, but there seems to be a good chance we will see bitcoin potentially hitting all-time highs next year.

Seeing the OP’s post and current situation of Bitcoin’s price, it’s really hard to any thing predict.
But yes all the traders can surely help to overcome the bearish market.
If the traders don’t panic and don’t sell their Bitcoins, then Bitcoins will stop falling.
If possible at the current point of time buy as much Bitcoins as you can.
This will help the price of the Bitcoins to go high, and also all the buyers will able to sell it in comparatively higher price.
Let’s be together in this bearish time, soon the coin will definitely recover.

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May 17, 2022, 02:56:02 AM
 #114

It's hard to see what will happen next, and I think it will be difficult for bitcoin to hit its $80k price target this year. That said, but there seems to be a good chance we will see bitcoin potentially hitting all-time highs next year.
Dont expect nor hope that much and just like been said by some people on here that it would really just annoy or frustrate you when the end of the year comes where you havent seen on what you are anticipating
speaking with the price.For short time being then it would really be  that hard to reach out these numbers without having any catalyst or news that would really be that related into its increase.
Lets not that expect for this year but who knows if this one would kicked out for this year alone but moving 80k or breaking its ATH then it would really be
not that easy.

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May 19, 2022, 09:41:00 AM
 #115

I'm sure posts like this when Red prices make people say pessimistic, but I'm always optimistic that this year will happen again, sometimes bitcoin can skyrocket in a short time as happened in 2021 and 2017, the best thing for us is to focus on buying Because the market red ends soon.


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Dhaniii
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May 19, 2022, 01:45:55 PM
 #116

bitcoin is experiencing bottlenecks and challenges to grow again to reach its target of $80k. for now don't expect to go up and break the high price again, but take the opportunity to buy as much as possible before the market skyrockets. The best hope for investors right now is to wait and see until the time comes.

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May 20, 2022, 06:58:12 AM
 #117

Bitcoin reached $48,000 per second roast on March 29, following an overnight correction data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it fell to local lows of $46,900 before breaking back into $48,000 before today's Wall Street open. The pair held support at the annual open even as it consolidated, fueling hopes that the 2022 trading range had actually been broken.
the crypto market for the year 2022, has a bit of trouble, lots of comments from crypto users who don't believe Bitcoin can currently break $60k or $80k, they say otherwise Bitcoin will bottom, they don't say how low.

From their observations and speculations, Bitcoin could rise in the next 2 years, perhaps approaching the $60-70k point.

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May 20, 2022, 07:50:53 AM
 #118

with world economic conditions that are currently not good I think Bitcoin will find it difficult to increase the price to reach the target you mentioned is too high, Bitcoin must wait for the next 3 years to start making price increases because usually the price of bitcoin goes up every 4 years.

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May 20, 2022, 09:27:11 AM
 #119

with world economic conditions that are currently not good I think Bitcoin will find it difficult to increase the price to reach the target you mentioned is too high, Bitcoin must wait for the next 3 years to start making price increases because usually the price of bitcoin goes up every 4 years.

Yeah, that is one thing that we can still rely though, after the block halving, Bitcoin price will suddenly swell and a massive growth in expected.

Just like last year, even though we are still in the pandemic, the market rebounded in 2021 hitting a new milestone for us. So perhaps in two years from now, 2024-2025 will be a good gauge for the next eventual bull run and maybe we can surpassed $80,000 as predicted in this thread.
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May 20, 2022, 10:48:06 AM
 #120

with world economic conditions that are currently not good I think Bitcoin will find it difficult to increase the price to reach the target you mentioned is too high, Bitcoin must wait for the next 3 years to start making price increases because usually the price of bitcoin goes up every 4 years.

What you say is absolutely true because every year there is a price change and every four years there will be another price increase.
Therefore, waiting for the next four years seems very long and people will get bored and change their minds and choose to sell even though the losses they experience are almost half of their funds.

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