Bitcoin What is the probability of 60 K+ again?

[bluedeep]

No one can predict with certainty when Bitcoin's position will change. Bitcoin price movements are difficult to predict. If you experience losses trading cryptocurrencies, it is important to evaluate your trading strategy and seek a more prudent approach to managing risk. Therefore, it is very important to do in-depth research, understand market trends and develop a wise trading strategy. In addition, you should also consider your personal risk tolerance and not invest more than you can afford to lose.

No one can ever tell exactly when the price of Bitcoin will increase and when it will dump. However, it is expected that the price of Bitcoin will increase a lot by the end of this year. But those who trade with Bitcoin have a good idea about this.  Sometimes the price can increase and sometimes it can dump. So I think no one can say exactly when the price of Bitcoin will increase.

[StreakW]

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.

Indeed, sometimes many old and new investors will see a big profit opportunity when the bitcoin halving is approaching. Bitcoin is very volatile and difficult to predict with accuracy. While there are factors that can affect the price, such as halvings, media attention and new cash flows, there is still a lot of uncertainty in the crypto market. Therefore, in any investment situation, it is important to look at historical data, do thorough research and consider the factors that can affect the market. There is no guarantee that the price of Bitcoin will reach a certain level or that something bad has to happen for the price to not rise back up to a certain level.

[Kemarit]

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.

Indeed, sometimes many old and new investors will see a big profit opportunity when the bitcoin halving is approaching. Bitcoin is very volatile and difficult to predict with accuracy. While there are factors that can affect the price, such as halvings, media attention and new cash flows, there is still a lot of uncertainty in the crypto market. Therefore, in any investment situation, it is important to look at historical data, do thorough research and consider the factors that can affect the market. There is no guarantee that the price of Bitcoin will reach a certain level or that something bad has to happen for the price to not rise back up to a certain level.

Old? yeah they've seen and experience it already so it just make sense for them to know what the game is before the block halving, just continue to accumulate as much as they can and you will be good in the bull run.

For newbies, it might be a big test for them, specially the timing when they enter the picture, maybe they enter during the bear market so they don't buy because they afraid that the price will not go up. On the other hand, those who enter in bull run, keeps buying and FOMO even when the price is going up and then sold when it is down. So it's going to be a big learning curve for newbies.

[STT]

The probability is over 100% from my point of view because dollar falling, thats hardly a good reason to state but it does make for a very obvious case of why so certain.      All these topics what if, giant number occurs how and why but its very simple to anyone who lives in a country with a destroyed currency and these are not that rare.
   Every currency for centuries including the original USA currency has devolved into only the worth of paper, every currency has destroyed itself over time.   Thats always happened and quite arguable also now that its occurring, the difference now is technology and inter connectedness between large governments and their central banks.   This makes this time the same but also unique and different enough to say its never occurred before, however the results are the same as the prior 4000 years of economic history ergo the conclusion is not different or difficult to extrapolate.

[RewFrew]

Now bitcoin price is near about $31k. And it continuously increasing. I think we are in real bull market. All cryptocurrency being positive. Because after pandemic and Russia & Ukraine ware people involving in crypto currency market. It is good sign for crypto. As bitcoin is father of all cryptocurrency it is doing well. Bitcoin is now very trusted. People buying and holding bitcoin without hesitations. So i think Bitcoin's future are bright. And it has huge possibility to touch new ATH within short time. I am aspecting within 2023 Bitcoin price will hit $60k.

[Lanatsa]

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.

Indeed, sometimes many old and new investors will see a big profit opportunity when the bitcoin halving is approaching. Bitcoin is very volatile and difficult to predict with accuracy. While there are factors that can affect the price, such as halvings, media attention and new cash flows, there is still a lot of uncertainty in the crypto market. Therefore, in any investment situation, it is important to look at historical data, do thorough research and consider the factors that can affect the market. There is no guarantee that the price of Bitcoin will reach a certain level or that something bad has to happen for the price to not rise back up to a certain level.

Old? yeah they've seen and experience it already so it just make sense for them to know what the game is before the block halving, just continue to accumulate as much as they can and you will be good in the bull run.

For newbies, it might be a big test for them, specially the timing when they enter the picture, maybe they enter during the bear market so they don't buy because they afraid that the price will not go up. On the other hand, those who enter in bull run, keeps buying and FOMO even when the price is going up and then sold when it is down. So it's going to be a big learning curve for newbies.

People would only start on accumulate on the time that they have seen that the price is already that high or already pumping.Why they cant just able to do such action while the market is still that low or still on

bearish moment? This had been always the case on where people do only act on the time that they would be seeing some significant movement but dont act out or being that idle if the market is really in worst condition. Speaking about 60k+ then we are pertaining about on breaking its previous ATH which we know that there's no one on this market would be able to know on when it would happen but
most likely we do assume out that this would happen on after the halving event.

Usually bull run would kick in after bull run whether on a few months or weeks later or something like that, no one knows but if we do follow up the historical movement then
this is usually the time that the market would be making some significant movement.

[JoyMarsha]

Now bitcoin price is near about $31k. And it continuously increasing. I think we are in real bull market. All cryptocurrency being positive. Because after pandemic and Russia & Ukraine ware people involving in crypto currency market. It is good sign for crypto. As bitcoin is father of all cryptocurrency it is doing well. Bitcoin is now very trusted. People buying and holding bitcoin without hesitations. So i think Bitcoin's future are bright. And it has huge possibility to touch new ATH within short time. I am aspecting within 2023 Bitcoin price will hit $60k.

I'm sorry to burst your bubble, but the bull run has not yet begun. You can't describe the $30–$31k price of Bitcoin as a bull run movement, and if you try to invest in it right away, you will lose money, I can assure you of that. Hold on a moment, the cryptocurrency is in the correction stage. If caution is not exercised, the price of bitcoin may drop to $25,000. The lowest price bitcoin could reach this year should be less than $50,000 rather than the $60,000 you predicted. Don't place too much hope in the price of bitcoin this year. The bull run will take place in the months after the halving season, towards 2024

[Captain Corporate]

Some days it looks like its quite possible, and some days it looks like its not going to happen at all. Just the other day I told my friend that its going to probably happen quite soon, not like this week or anything but probably within 2023, because it looked like it was pumping and there was a possibility of it. Now that I am looking at it, I feel like that wasn't the case at all and we are not going to see it over 60k this year. Obviously I am one of those people who believes we are going to break over ATH once again, and that could be this year or next year but I do believe that its going to happen, so even when I "lose hope", that just mean its going to happen later than what I initially expected, but it will still happen without a doubt for me.

[taufik123]

-snip-
The lowest price bitcoin could reach this year should be less than $50,000 rather than the $60,000 you predicted. Don't place too much hope in the price of bitcoin this year. The bull run will take place in the months after the halving season, towards 2024

$40k-$45k may be a more realistic target, because there will be FUD influences that can hinder the rise of the bitcoin market.
The bull run might happen but before Halving it will also be a good price increase, pre halving and after-halving will be an opportunity for Bitcoin to continue to maintain its highest price.  Everyone hopes that the Halving will give a significant increase and can even reach a new ATH.

-snip-
Obviously, I am one of those people who believes we are going to break over ATH once again, and that could be this year or next year but I do believe that its going to happen, so even when I "lose hope", that just mean its going to happen later than what I initially expected, but it will still happen without a doubt for me.

I also believe that the ATH will soon be reached again. Halving will be a sign that the Bullrun will begin.
Halving is a 4-year cycle that gives a new ATH, it is not impossible that it will keep repeating.
But if it doesn't reach the new ATH, it will just be too late.

[armanda90]

Almost one month Bitcoin keep stable on area $30k until $31k, actually has chance for Bitcoin raise up to higher price until $60k but need one or two years later. But halving is near close I think realistic with Bitcoin will up to $45 until $50k and difficult for raising until $60, actually halving is great chance for bitcoin back to higher price but if difficult reach above $40 or $50 when near with halving I don't sure after halving has second chance for bitcoin up to higher price.

Halving is the only one chance for holder expect with Bitcoin will raise to higher price, but still left 300 days later before halving and what impact when 200 or 100 days left before halving time, will bitcoin up drastically or back to lower price again.

[BenCodie]

I prefer not to express my opinion of the probability in a percentage...even though I want to say 99%+. Instead I'll say the probability is quite high. I think that's reasonable.

The US, or at least corporate conglomorates, are seemingly signalling that they now want in on the BTC market via ETFs, and they want customer to have exposure too. They have probably been accumulating a lot since the FTX saga, now they're gearing up for the halving by opening the appropriate avenues.

Halving in April 2024 - give or take 6-12 months afterwards for safety - provides a positive outlook. It could even be sooner.

Stay strong, don't trade, find opportunities so you can lower your average buy price, enjoy 2024-2025/26.

What is the probability you grow some nuts and buy some now that it's low again?

LOL! Brutal, but true.

[bestcoins1]

Now bitcoin price is near about $31k. And it continuously increasing. I think we are in real bull market. All cryptocurrency being positive. Because after pandemic and Russia & Ukraine ware people involving in crypto currency market. It is good sign for crypto. As bitcoin is father of all cryptocurrency it is doing well. Bitcoin is now very trusted. People buying and holding bitcoin without hesitations. So i think Bitcoin's future are bright. And it has huge possibility to touch new ATH within short time. I am aspecting within 2023 Bitcoin price will hit $60k.

It still seems a bit difficult for Bitcoin to reach $60K immediately this year because the resistance of the correction is still happening although I also believe that the future of Bitcoin is bright and most people hold onto it without hesitation. So it still looks very hasty to conclude that the market is in a real bull, even though it can indeed happen, but to say it now I think it's still not feasible and seems to be in a hurry to hope for a bull in the market.

You can see for yourself how Bitcoin has stayed in the $30K+ price range since the beginning of the month until now which hasn't even been able to get past $32K. That is a sign that to reach the $60K range, Bitcoin may still have to take a little longer because that is a pretty big number for Bitcoin even though in 2021 Bitcoin has crossed that price range in the market.

[Marvell1]

Now bitcoin price is near about $31k. And it continuously increasing. I think we are in real bull market. All cryptocurrency being positive. Because after pandemic and Russia & Ukraine ware people involving in crypto currency market. It is good sign for crypto. As bitcoin is father of all cryptocurrency it is doing well. Bitcoin is now very trusted. People buying and holding bitcoin without hesitations. So i think Bitcoin's future are bright. And it has huge possibility to touch new ATH within short time. I am aspecting within 2023 Bitcoin price will hit $60k.

It still seems a bit difficult for Bitcoin to reach $60K immediately this year because the resistance of the correction is still happening although I also believe that the future of Bitcoin is bright and most people hold onto it without hesitation. So it still looks very hasty to conclude that the market is in a real bull, even though it can indeed happen, but to say it now I think it's still not feasible and seems to be in a hurry to hope for a bull in the market.

You can see for yourself how Bitcoin has stayed in the $30K+ price range since the beginning of the month until now which hasn't even been able to get past $32K. That is a sign that to reach the $60K range, Bitcoin may still have to take a little longer because that is a pretty big number for Bitcoin even though in 2021 Bitcoin has crossed that price range in the market.

That's not too hard a target for bitcoin, but its hitting $60k this year is just investor expectation without any analysis. To me, that prediction was just his dream, it was not made of experience or any grounded judgment. From historical factors, the war between Russia and Ukraine, and inflation in the world, all still ongoing, there is not a strong enough catalyst to help bitcoin reach $60k this year. Unless bitcoin surprises us, as it is still a market that is manipulated rather than purely based on supply and demand.

[dunfida]

Now bitcoin price is near about $31k. And it continuously increasing. I think we are in real bull market. All cryptocurrency being positive. Because after pandemic and Russia & Ukraine ware people involving in crypto currency market. It is good sign for crypto. As bitcoin is father of all cryptocurrency it is doing well. Bitcoin is now very trusted. People buying and holding bitcoin without hesitations. So i think Bitcoin's future are bright. And it has huge possibility to touch new ATH within short time. I am aspecting within 2023 Bitcoin price will hit $60k.

It still seems a bit difficult for Bitcoin to reach $60K immediately this year because the resistance of the correction is still happening although I also believe that the future of Bitcoin is bright and most people hold onto it without hesitation. So it still looks very hasty to conclude that the market is in a real bull, even though it can indeed happen, but to say it now I think it's still not feasible and seems to be in a hurry to hope for a bull in the market.

You can see for yourself how Bitcoin has stayed in the $30K+ price range since the beginning of the month until now which hasn't even been able to get past $32K. That is a sign that to reach the $60K range, Bitcoin may still have to take a little longer because that is a pretty big number for Bitcoin even though in 2021 Bitcoin has crossed that price range in the market.

That's not too hard a target for bitcoin, but its hitting $60k this year is just investor expectation without any analysis. To me, that prediction was just his dream, it was not made of experience or any grounded judgment. From historical factors, the war between Russia and Ukraine, and inflation in the world, all still ongoing, there is not a strong enough catalyst to help bitcoin reach $60k this year. Unless bitcoin surprises us, as it is still a market that is manipulated rather than purely based on supply and demand.

Not really that hard on breaking its ATH considering that we are already heading on next halving event which we know that this do definitely make out that bull run. So all of people had already been that anticipating

about for this situation to happen neither on 2024 last quarter or would be on 2025 or something on this time but breaking again these numbers is never been that guaranteed. Some do even say that there would be
no bull run for this coming cycle? Impossible to think off ? Yes but we cant really be able to tell on what the future would really be looking a like. This is why instead on making yourself having tons of questions
and stressing out yourself on how this market would really be looking like then it would be better to be wise on taking up wise decisions whether you do accumulate for long term
because missing out other opportunity does really give out that kind of bad feeling which we dont really like to experience.

[Asuspawer09]

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.

Bitcoin market price dropped significantly after it hit an all-time high which is around 60k-70k$ which is a huge amount, It would make sense that you did make a good profit last Bullrun since the market price of Bitcoin at that time and most of the cryptocurrency continue to skyrocket you could just go with the flow of the market that time just buying low and selling on high but on the last Bullrun it just continues to increase its market price most of the time. Comparing it to the trades since the month which is having a lot of resistance like today the market price was stuck on the 30k$ and then I remember we did experience a deep on around 15k$ which is I think a good opportunity already I buy bitcoin that time.

We can't predict accurately the movement of the market so what we can always do is plan our buy and exit strategy in the market, my advice is to position on the market early while there are still an opportunity to buy at lower price I think its a good time to accumulate bitcoin since bitcoin market price could easily skyrocket at any moment.

[boltz]

Bitcoin always recovers. It's just a matter of time until it does but no one can tell you when or how because right now Bitcoin might fall under 30k in the next days as the support around 30k is getting lower and lower.

On the bright side , if we hold the 30k during the entire summer , we have big chances to actually hit 60k in early 2024 or just after the halv happens but I have a feeling that next pump will be different than the previous ones.

My prediction is BTC over 100k in 2025 and I'm sticking with it and also my prediction for this summer cycle is BTC falling under 30k and maybe even towards 25k but no lower than that.

[jasonjm]

Bitcoin always recovers. It's just a matter of time until it does but no one can tell you when or how because right now Bitcoin might fall under 30k in the next days as the support around 30k is getting lower and lower.

On the bright side , if we hold the 30k during the entire summer , we have big chances to actually hit 60k in early 2024 or just after the halv happens but I have a feeling that next pump will be different than the previous ones.

My prediction is BTC over 100k in 2025 and I'm sticking with it and also my prediction for this summer cycle is BTC falling under 30k and maybe even towards 25k but no lower than that.

I think the market is still undergoing a correction, and it seems that $30k will not be maintained in the coming days or weeks. We might see a drop below $20k before the bull market takes over.

[bitgolden]

Not really that hard on breaking its ATH considering that we are already heading on next halving event which we know that this do definitely make out that bull run. So all of people had already been that anticipating

about for this situation to happen neither on 2024 last quarter or would be on 2025 or something on this time but breaking again these numbers is never been that guaranteed. Some do even say that there would be
no bull run for this coming cycle? Impossible to think off ? Yes but we cant really be able to tell on what the future would really be looking a like. This is why instead on making yourself having tons of questions
and stressing out yourself on how this market would really be looking like then it would be better to be wise on taking up wise decisions whether you do accumulate for long term
because missing out other opportunity does really give out that kind of bad feeling which we dont really like to experience.

There is no "guarantee" that we will break over it, but I agree that it will. So far after every single ATH, we have ended up with a much better result and the profits were great. I mean whenever we go into halving, that usually meant that we are going to go higher, not even "usually" it has always been like that. So, I do not see any reason why that should be different now, I feel like that's going to be quite possible that we are going to end up with something much better.

I cannot really say when that will happen, there is really no timing of it but usually ATH is not reached right around the halving, it takes about a few months at least before it starts to go up which means that it could take some time for us as well. We need to be waiting for it for sure.

[TheGreatPython]

Bitcoin always recovers. It's just a matter of time until it does but no one can tell you when or how because right now Bitcoin might fall under 30k in the next days as the support around 30k is getting lower and lower.

On the bright side , if we hold the 30k during the entire summer , we have big chances to actually hit 60k in early 2024 or just after the halv happens but I have a feeling that next pump will be different than the previous ones.

My prediction is BTC over 100k in 2025 and I'm sticking with it and also my prediction for this summer cycle is BTC falling under 30k and maybe even towards 25k but no lower than that.

Market conditions don't indicate that the price of Bitcoin will hit $60k in early 2024 because we are not yet out of the $30k zone and it will take some time for that to happen, we have seen it trying to break out multiple times, even touching $31.5k a couple of times but still no success or progress, so we are stuck in a loop where the price moves up and down only within the $30k area not going up nor coming down making everyone confused.

We don't have a lot of time left for this year to end, there are only about 4 and a half months until we reach 2024, and I don't see any signs of it breaking out of this position very quickly and even if it does, more chances are that it will go down first and then will start rallying up later on with more support.

[Paul Pogba]

I think $ 60k is a price that is still realistic to achieve this year, there is still more than 5 months so many things can happen, and of course the hope of rising at the end of the year can be an easy thing for us to achieve because in early 2024 there will be a halving day which would usually make a lot of users panic to buy.