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Author Topic: Bitcoin What is the probability of 60 K+ again?  (Read 1350 times)
asrinur
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June 06, 2023, 01:29:19 PM
 #101

No one knows for sure when the bitcoin price soared. However, I do believe that the bitcoin price will get back above $60k again and that looks likely to happen when the next halving comes.

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June 07, 2023, 10:27:31 AM
 #102

No one knows for sure when the bitcoin price soared. However, I do believe that the bitcoin price will get back above $60k again and that looks likely to happen when the next halving comes.
Bitcoin price will come back to 60k$ again but it needs several months. But I hope if Bitcoin price can go to 60k$ again then all coins price will increase several times including Bitcoin market. Then all the traders will be very much.  There is a chance to profit. But it takes time. When bitcoin was 60k$ all the traders were lovingly controlling everything. But since the bitcoin market went into dumping everything has gone haywire.

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June 07, 2023, 12:02:45 PM
 #103


Bitcoin will go over $60k in 2024 don't worry because halving will always have a pump effect on Bitcoin,
we are still in the bearish year 2023 so better just focus on accumulation because if you don't have Bitcoin then you will regret it later.
because this year's events are the same as a few years ago before the bulls arrived,
a lot of FUD came and caused fear in the market because it was part of the whales strategy.
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June 07, 2023, 02:33:38 PM
 #104

In my opinion, the potential for bitcoin's position to change and price to go back above $60k is likely to occur during the next halving. Where it is estimated that the next bitcoin halving will occur in 2024. As we know that usually when a halving occurs, bitcoin will print a new ATH level.

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June 09, 2023, 04:29:24 AM
 #105

Even though the current market conditions seem to be quiet and even declining but I'm sure the price of $ 60k is something that will be easily achieved, of course the price of $ 60k won't happen in the near future, maybe it can happen at the end of the year because it will welcome the halving day that occurs in March 2024.


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June 09, 2023, 06:44:19 AM
 #106

In my opinion, the potential for bitcoin's position to change and price to go back above $60k is likely to occur during the next halving. Where it is estimated that the next bitcoin halving will occur in 2024. As we know that usually when a halving occurs, bitcoin will print a new ATH level.

Well I hope you are right with on your Bitcoin price prediction. When we are closer to the next halving I think many old and new investors will look at it for huge gains. It is going to be a big news on social media and there will be new money coming into the markets.
I am not positive because we do not know for certain about Bitcoin price. But I think something very bad is going to have to happen for the price to not be 60k again in our livetimes.

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June 09, 2023, 09:21:01 AM
 #107

In my personal view, I think that there was no doubt about that the Bitcoin will touch again 60k price again but when it will happen it can't say or guarantee. Day by day the users of Bitcoin is increasing and so the demand is also increasing for this im future the price of bitcoin will must go or cross it's current ATH and create a new ATH. So if you have some lazy fund and wanna recover the past losses then it can be a good idea to invest in bitcoin now for long-term till the next halving .

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June 09, 2023, 11:04:40 AM
 #108

In my opinion, the potential for bitcoin's position to change and price to go back above $60k is likely to occur during the next halving. Where it is estimated that the next bitcoin halving will occur in 2024. As we know that usually when a halving occurs, bitcoin will print a new ATH level.
What if things don't happen as usual for Bitcoin in the next year? What will happen if a new ATH is not created on Bitcoin when the halving occurs, because now some people only make predictions based on what usually happens or on what has happened to Bitcoin before. But I don't see any predictions that are more different than some this year for Bitcoin.

Even though the current market conditions seem to be quiet and even declining but I'm sure the price of $ 60k is something that will be easily achieved, of course the price of $ 60k won't happen in the near future, maybe it can happen at the end of the year because it will welcome the halving day that occurs in March 2024.
There is no easy achievement at any price in the market including the price of Bitcoin. Because as long as there is no demand and more supply every month, price increases will always be more difficult to occur and that means that any price increase in the market will always occur through a process that is not easy so that it always takes a long time. So don't think lightly of the price, especially since it's a price that's still quite high when compared to the current price for Bitcoin.

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June 09, 2023, 01:21:51 PM
 #109

This year still has more than 6 months left and I think there are still many things that can happen, many people think negatively when they see the current market situation, but if we have known bitcoin for at least 4 years then this is normal and an opportunity to continue buying .

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June 09, 2023, 02:25:13 PM
 #110

This year still has more than 6 months left and I think there are still many things that can happen, many people think negatively when they see the current market situation, but if we have known bitcoin for at least 4 years then this is normal and an opportunity to continue buying .

Exactly, although the market is beset by negative news and could fall further if things get more tense. But no matter how bad the news, it won't last forever, and the market won't be affected forever. The market will also adapt and recover in some way. We should remember, the market has only 2 uptrends and downtrends, when the bear season ends, it will be the bull season, so take advantage of the bears that are still there and accumulate a lot of bitcoin for yourself instead of being scared.

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June 09, 2023, 06:35:52 PM
 #111


Of course Bitcoin has the potential to $ 60k, it's just that we have to be patient for that,
because it's not easy now that Bitcoin can pump again when the bear market is still running,
but I think the bitcoin market can be lucky that there will most likely be fresh money from China coming into crypto rhymes,
so just be prepared for it.

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June 09, 2023, 06:49:22 PM
 #112

In my personal view, I think that there was no doubt about that the Bitcoin will touch again 60k price again but when it will happen it can't say or guarantee. Day by day the users of Bitcoin is increasing and so the demand is also increasing for this im future the price of bitcoin will must go or cross it's current ATH and create a new ATH. So if you have some lazy fund and wanna recover the past losses then it can be a good idea to invest in bitcoin now for long-term till the next halving .

It's always possible to expect the bitcoin price to break through another $60k but I believe that will only be achieved after the halving. I have big doubts about the bullish assumption before the halving, even if bitcoin price increases then $40k is a high to look forward to.

After all $60k was very close to the previous ATH, so there should be a good reason why it was achieved. I see no good reason to find $60k hit this year so I'm inclined to believe that it will be hit sometime next year after the halving. Then from that, I can expect a new ATH after the halving as well. For the rest of 2023 I think the potential for correction is still there, so be careful with your trading strategy especially if you do it in trading futures.
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June 09, 2023, 07:05:34 PM
 #113

In my personal view, I think that there was no doubt about that the Bitcoin will touch again 60k price again but when it will happen it can't say or guarantee. Day by day the users of Bitcoin is increasing and so the demand is also increasing for this im future the price of bitcoin will must go or cross it's current ATH and create a new ATH. So if you have some lazy fund and wanna recover the past losses then it can be a good idea to invest in bitcoin now for long-term till the next halving .

It's always possible to expect the bitcoin price to break through another $60k but I believe that will only be achieved after the halving. I have big doubts about the bullish assumption before the halving, even if bitcoin price increases then $40k is a high to look forward to.

After all $60k was very close to the previous ATH, so there should be a good reason why it was achieved. I see no good reason to find $60k hit this year so I'm inclined to believe that it will be hit sometime next year after the halving. Then from that, I can expect a new ATH after the halving as well. For the rest of 2023 I think the potential for correction is still there, so be careful with your trading strategy especially if you do it in trading futures.
It's doubtful that it'll happen anytime soon; the environment isn't ideal for Bitcoin to thrive. Previous halvings have shown that there's a correlation between halvings and Bitcoin's price due to them theoretically becoming more rare as mining difficulty increases. However, as I already mentioned, this historical pattern may suffer this time due to the current poor economic environment. Thus, it's unclear when we'll see a positive change in the market, and to be honest, I was even surprised to see Bitcoin surpass $30,000 a few weeks ago. Personally, I believe that $50,000 or even $60,000 are very feasible targets for 2024. It's likely that we won't see a new ATH any time soon, but a major recovery should be expected in the upcoming year.

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June 09, 2023, 07:16:47 PM
 #114

Even though the current market conditions seem to be quiet and even declining but I'm sure the price of $ 60k is something that will be easily achieved, of course the price of $ 60k won't happen in the near future, maybe it can happen at the end of the year because it will welcome the halving day that occurs in March 2024.
Bitcoin is declining because there are some negative news that are becoming a trend now. The SEC always acts to attack several other institutions such as Binance and Coinbase and now the latest is Crypto.com stopping their institutional business in the US. This is FUD which is spread by the SEC by demanding that they have done breach of securities in its territory so this will cause the price of bitcoin to go down again.

I will not worry about this news because we believe that bitcoin can go back up again above $60K or ATH in the next year, don't panic too much about this news the government is just trying to regulate everything while we know that I hate this news too.

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June 10, 2023, 04:08:53 AM
 #115

In my personal view, I think that there was no doubt about that the Bitcoin will touch again 60k price again but when it will happen it can't say or guarantee. Day by day the users of Bitcoin is increasing and so the demand is also increasing for this im future the price of bitcoin will must go or cross it's current ATH and create a new ATH. So if you have some lazy fund and wanna recover the past losses then it can be a good idea to invest in bitcoin now for long-term till the next halving .
Well, no one can actually know whether when the price of Bitcoin will touch that area again, we don't even know if it will go there or not, we can only speculate based on past data and current conditions and predict the price based on that. You are right that the demand is increasing along with adoption which is one factor that can affect the price positively in the long run, but on the other side, governments and central authorities are doing everything they can only to suppress the adoption rate.

If governments keep trying to stop people from adopting Bitcoin and cryptocurrencies, the rate will be slower than what it should be and though eventually it won't work and everyone will know about Bitcoin and use it, it will temporarily slow down the process for sure.

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June 10, 2023, 08:44:09 AM
 #116

This year still has more than 6 months left and I think there are still many things that can happen, many people think negatively when they see the current market situation, but if we have known bitcoin for at least 4 years then this is normal and an opportunity to continue buying .
Exactly, although the market is beset by negative news and could fall further if things get more tense. But no matter how bad the news, it won't last forever, and the market won't be affected forever. The market will also adapt and recover in some way. We should remember, the market has only 2 uptrends and downtrends, when the bear season ends, it will be the bull season, so take advantage of the bears that are still there and accumulate a lot of bitcoin for yourself instead of being scared.
That's true, we have seen so many bad news before and none of them really made it to a few months, they all look bad for the time it happens and then it becomes a boring news without any issues at all. I understand that people are worried right now, but that doesn't mean that it will go on for a long time, it will go on for a while but then it will get silent after that.

It's crucial that we end up with something good but that doesn't mean that it should be a big deal, it's going to be as easy as it gets. People will forget that this ever happened in a few months, it doesn't even take years for it to pass, it takes just a few months and we are happy at another big increase. I think this summer will be a bit tough due to all these, but after the summer we are going to be fine.

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June 10, 2023, 05:20:59 PM
 #117

Don't worry Bitcoin will be back to $60k when we forget about it, because of that Whales love it and Fomo happened,
just like 2020 when Bitcoin crashed during the first pandemic announcement,
and because of Halving then Bitcoin really went against the grain of a bad market situation ,
so don't worry because we are close to the halving.

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June 10, 2023, 05:29:16 PM
 #118

This year still has more than 6 months left and I think there are still many things that can happen, many people think negatively when they see the current market situation, but if we have known bitcoin for at least 4 years then this is normal and an opportunity to continue buying .
If you dare to take risks and you have a budget, then accumulate as much as you can. But remember, don't be in a hurry because you have to be wise enough to adjust the investment plan while maintaining the adequacy of your daily needs.

Currently the market tends to show a decline in the short term due to the impact of bad news hitting crypto and some centralized platforms. BinanceUS users are forced to withdraw their funds and transfer them to other exchanges or to their wallets because they are experiencing problems. It has had an impact on the market, but I'm sure things will recover over time.

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June 10, 2023, 07:03:10 PM
 #119

Don't worry Bitcoin will be back to $60k when we forget about it, because of that Whales love it and Fomo happened,
just like 2020 when Bitcoin crashed during the first pandemic announcement,
and because of Halving then Bitcoin really went against the grain of a bad market situation ,
so don't worry because we are close to the halving.
The market will always want you to shakeout which causes an unexpected panic in the market and small investors start panic selling their bitcoins. And just then the whales accumulate bitcoins and strengthen their position. 12 March 2020 was a nightmare day for crypto traders, many traders panic sold on that day and on the other hand whales started the next bull market from that day.

So here is to understand when to prepare to enter the market for those traders who do short term trading. However, the current market trend is down and the news of BinanceUs has made a huge impact on the market. Therefore, the market may give us another opportunity to prepare for the next bull market, for which it will be effective to prepare in advance.

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June 12, 2023, 02:32:53 AM
 #120

2022 In 22 trade I have never had to accept so many losses since the advent of cryptocurrencies.Those who are mainly dependent on trade are now on the verge of destitution.Before 2022, it seems that trading has not suffered so much loss2022 is a cursed year for traders.If anyone has any idea on when bitcoin position will turn please share it will save many traders like me from losing.
but also knowing that you bet for bitcoin ? trading bitcoin that much while the market is bearish seems to be odd , why not tried altcoins instead so you'll have not to ask this question here?
you have made 22 trades in 2022 meaning that you know what is this market and how it works right? because having that number of trade for newbie isn't that effective .
also if we knew when it comes and how much? of course all of us are rich now.
Even though the market looks weak at the moment but I'm sure $60k is something that will be easy to achieve, just like when the price is below $20k many people are pessimistic that the price will reach another $30k in 2023, but that will happen in March, of course this proves that bitcoin is still worth making our investment priority.
actually we are only talking about this year in which yeah it will be better not to expect that high but once the price move up again (as the halving seems to be bringing that) then the course will change surely.

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