Can we experience $80k this year?

[RealMalatesta]

80k this year is a 1% outcome certainly less then 10% because it requires far more accumulation and run up then we actually have under way.  Yes we started the year off to a good start but for a target like this you will get a considerable amount of selling along the way.  Even with selling we can get to 80k of course but with that decay from momentum upwards you require more power to BTC run up then what we have.  I prefer the person who said is this like 2019, the sharp move up then back down; this is more probable then straight upwards.  My guess is still consolidation, foundation building.
  Straight up is a rocket trajectory, then we explode at the top with fireworks and descend with little support.   Dont mourn the lack of 80k when the full picture is that the nature of how we get there is more important.   People who focus on big numbers have one objective at that target, to sell but problem is so does every other share participant in that race.  It become a treadmill or carrot and stick type of feedback scenario that is really negative.  BTC can be alot more then just a price or trade, the regular usage is a ton more important and in the end profitable I think

Maybe it will go up a lot more? Maybe we will hit to a point where it is going to end up being a bit better? I mean think about it this way, we are not in a long term situation and all that, but we are in a situation where it could potentially increase.

We don't have enough accumulation for it? We may get it. We don't have enough media attention? We may get it. Whatever is the reason we may not reach 80k with how we are, we could change that if the bull starts. I am not saying that will happen, I believe that 30-40k range is all we are going to get this year, not 80k, and that is why I agree with you but the fact that it could happen is all I care about right now.

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[btc_angela]

80k this year is a 1% outcome certainly less then 10% because it requires far more accumulation and run up then we actually have under way.  Yes we started the year off to a good start but for a target like this you will get a considerable amount of selling along the way.  Even with selling we can get to 80k of course but with that decay from momentum upwards you require more power to BTC run up then what we have.  I prefer the person who said is this like 2019, the sharp move up then back down; this is more probable then straight upwards.  My guess is still consolidation, foundation building.

To reach $80k this year, we should be in a massive bull run already. But it's not the case so I agree that the chances are very slim, maybe even less than 1%. My guess is that the biggest that we can go this year is as high as $50k.

And it's going to be hard as well to reach that because it won't be parabolic rise, we might see the price going down below maybe in the later part of the year before we can go up at that levels in December as there could be hype next year because of the bitcoin block halving. So more so accumulation at the last quarter in preparation for that activity, April-May 2024, so there will be FOMO.

[EarnOnVictor]

80k this year is a 1% outcome certainly less then 10% because it requires far more accumulation and run up then we actually have under way.  Yes we started the year off to a good start but for a target like this you will get a considerable amount of selling along the way.  Even with selling we can get to 80k of course but with that decay from momentum upwards you require more power to BTC run up then what we have.  I prefer the person who said is this like 2019, the sharp move up then back down; this is more probable then straight upwards.  My guess is still consolidation, foundation building.

To reach $80k this year, we should be in a massive bull run already. But it's not the case so I agree that the chances are very slim, maybe even less than 1%. My guess is that the biggest that we can go this year is as high as $50k.

And it's going to be hard as well to reach that because it won't be parabolic rise, we might see the price going down below maybe in the later part of the year before we can go up at that levels in December as there could be hype next year because of the bitcoin block halving. So more so accumulation at the last quarter in preparation for that activity, April-May 2024, so there will be FOMO.

You are on point, the $80K price is not feasible this year, it would be a milestone since it would breach the all-time high of the coin which is not what I see possible until halving time. The best of Bitcoin this year should be between $30-45K, nothing more, and for it starting the year well is still not an indication that it would perform well for the rest of the year.

Many factors like inflation will still be a gauge of where it's heading, I hope that inflation does not bite as much as it did last year.

[Davian144]

You are on point, the $80K price is not feasible this year, it would be a milestone since it would breach the all-time high of the coin which is not what I see possible until halving time. The best of Bitcoin this year should be between $30-45K, nothing more, and for it starting the year well is still not an indication that it would perform well for the rest of the year.

$30K - $45K for Bitcoin this year is something more Bitcoin deserves to see and achieve. Because I think that market conditions will still be affected by the new news that appears in this year so it will not be very possible for Bitcoin to increase by $ 80K in just a short time, namely this year. After all, a price of that size still looks quite big at this point given that Bitcoin's current price is still at $23K+.

Many factors like inflation will still be a gauge of where it's heading, I hope that inflation does not bite as much as it did last year.

Factors such as inflation will still have an influence on the market and other cryptocurrencies including Bitcoin, but this year it seems that the inflation rate will not be greater than last year so there is a chance for Bitcoin to continue to experience a better recovery every month.

[BobK71]

80k this year is a 1% outcome certainly less then 10% because it requires far more accumulation and run up then we actually have under way.  Yes we started the year off to a good start but for a target like this you will get a considerable amount of selling along the way.  Even with selling we can get to 80k of course but with that decay from momentum upwards you require more power to BTC run up then what we have.  I prefer the person who said is this like 2019, the sharp move up then back down; this is more probable then straight upwards.  My guess is still consolidation, foundation building.

To reach $80k this year, we should be in a massive bull run already. But it's not the case so I agree that the chances are very slim, maybe even less than 1%. My guess is that the biggest that we can go this year is as high as $50k.

And it's going to be hard as well to reach that because it won't be parabolic rise, we might see the price going down below maybe in the later part of the year before we can go up at that levels in December as there could be hype next year because of the bitcoin block halving. So more so accumulation at the last quarter in preparation for that activity, April-May 2024, so there will be FOMO.

You are on point, the $80K price is not feasible this year, it would be a milestone since it would breach the all-time high of the coin which is not what I see possible until halving time. The best of Bitcoin this year should be between $30-45K, nothing more, and for it starting the year well is still not an indication that it would perform well for the rest of the year.

Many factors like inflation will still be a gauge of where it's heading, I hope that inflation does not bite as much as it did last year.

2023 is an auspicious year for Bitcoin, but it cannot be predicted that the price of Bitcoin will rise this year. Moreover, it is likely to be bullish next year as per the Bitcoin 4 year cycle. Even if it increases this year, there is no direction in which Bitcoin's momentum will go at the end. Moreover, the war situation is still not giving any positive indication. Inflation is not under fully control yet. But last month, big changes started coming in the crypto market as the Inflation record remained stable. But still we didn't get full confidence in the market. After reaching 25K we didn't see buyers due to this reason bitcoin price dump again. As a result, we cannot say that the crypto market will rise soon. Last year, the highest price rose to 70k, so a big movement is required to reach 80k. However, if the market is positive, we may see Bitcoin price above 30k this year, next year it may be around 80k or more.

[$crypto$]

2023 is an auspicious year for Bitcoin, but it cannot be predicted that the price of Bitcoin will rise this year. Moreover, it is likely to be bullish next year as per the Bitcoin 4 year cycle. Even if it increases this year, there is no direction in which Bitcoin's momentum will go at the end. Moreover, the war situation is still not giving any positive indication. Inflation is not under fully control yet. But last month, big changes started coming in the crypto market as the Inflation record remained stable. But still we didn't get full confidence in the market. After reaching 25K we didn't see buyers due to this reason bitcoin price dump again. As a result, we cannot say that the crypto market will rise soon. Last year, the highest price rose to 70k, so a big movement is required to reach 80k. However, if the market is positive, we may see Bitcoin price above 30k this year, next year it may be around 80k or more.

What do you mean by 2023 is bitcoin's lucky year, while this hasn't happened that is so significant positive but always calls it a recovery year so I think it's not due to luck but rather a market movement in a pretty good direction.

As we believe that the real bullishness is after the halving has taken place and this will provide tremendous momentum because it could be that the new ATH will come back again with a new record and we will have to keep waiting after the halving to see aggressive bullish movement.

Inflation and recession is still a threat know this but the fact is it's not getting worse I know this will affect the price of bitcoin but not completely into a sharp decline but for me inflation will not be big enough although there are some war effects still going on.

[Hypnosis00]

Inflation and recession is still a threat know this but the fact is it's not getting worse I know this will affect the price of bitcoin but not completely into a sharp decline but for me inflation will not be big enough although there are some war effects still going on.

It is a key factor that slowdown the market adoption and market demand slowing the price movement. Though I was optimistic this year but I couldn't really imagine that Bitcoin price will reach another ATH or even reaching $40k this year is even quite impossible. If the war between Russia and Ukraine will stop, I really see a huge impact on the market inflation as well and make a change in the crypto market trend, and so the global economic growth. We'd see the connection between the two because if we have a good economic conditions, investments are also growing.

[Hamphser]

Inflation and recession is still a threat know this but the fact is it's not getting worse I know this will affect the price of bitcoin but not completely into a sharp decline but for me inflation will not be big enough although there are some war effects still going on.

It is a key factor that slowdown the market adoption and market demand slowing the price movement. Though I was optimistic this year but I couldn't really imagine that Bitcoin price will reach another ATH or even reaching $40k this year is even quite impossible. If the war between Russia and Ukraine will stop, I really see a huge impact on the market inflation as well and make a change in the crypto market trend, and so the global economic growth. We'd see the connection between the two because if we have a good economic conditions, investments are also growing.

Economic problems or simply these fundamentals arent totally affecting crypto market but somewhat we cant really deny that it could possibly give out some effects which we dont really have that control.

Therefore, if we do really that being mindful about our investment then we should really be that be prepared for whatever things that we might encounter ahead.Its inevitable and there's nothing we can do in
speaking with economic crisis,wars and other correlated things into this one which we dont have no choice but to be that versatile on whatever that we are facing into.

80k for this year? Its impossible because thats not how fast this market could move on a short term duration.

[Yaunfitda]

80k this year is a 1% outcome certainly less then 10% because it requires far more accumulation and run up then we actually have under way.  Yes we started the year off to a good start but for a target like this you will get a considerable amount of selling along the way.  Even with selling we can get to 80k of course but with that decay from momentum upwards you require more power to BTC run up then what we have.  I prefer the person who said is this like 2019, the sharp move up then back down; this is more probable then straight upwards.  My guess is still consolidation, foundation building.

To reach $80k this year, we should be in a massive bull run already. But it's not the case so I agree that the chances are very slim, maybe even less than 1%. My guess is that the biggest that we can go this year is as high as $50k.

And it's going to be hard as well to reach that because it won't be parabolic rise, we might see the price going down below maybe in the later part of the year before we can go up at that levels in December as there could be hype next year because of the bitcoin block halving. So more so accumulation at the last quarter in preparation for that activity, April-May 2024, so there will be FOMO.

You are on point, the $80K price is not feasible this year, it would be a milestone since it would breach the all-time high of the coin which is not what I see possible until halving time. The best of Bitcoin this year should be between $30-45K, nothing more, and for it starting the year well is still not an indication that it would perform well for the rest of the year.

Many factors like inflation will still be a gauge of where it's heading, I hope that inflation does not bite as much as it did last year.

Or $50k for some speculators. But first we need to get over that barrier of $25k this month and see how the pattern will emerge in the next couple of months. But I also do agree that $80k is improbable this year.

And if did reach $80k then we will have new pattern emerging as we don't have to wait for the halving to push for new all time high. But the chances of that to happen is slim, bitcoin halving will still be the catalyst no matter what. And no amount of positive news can sustain a run of up to $80k this year.

[GigaBit]

Inflation and recession is still a threat know this but the fact is it's not getting worse I know this will affect the price of bitcoin but not completely into a sharp decline but for me inflation will not be big enough although there are some war effects still going on.

It is a key factor that slowdown the market adoption and market demand slowing the price movement. Though I was optimistic this year but I couldn't really imagine that Bitcoin price will reach another ATH or even reaching $40k this year is even quite impossible. If the war between Russia and Ukraine will stop, I really see a huge impact on the market inflation as well and make a change in the crypto market trend, and so the global economic growth. We'd see the connection between the two because if we have a good economic conditions, investments are also growing.

Cryptocurrency market is very volatile and with in a moment it's dynamic nature can change very quickly. The growth of the bitcoin or cryptocurrency market is usually influenced by the demand of the people towards it. So far many analysts and investors have predicted the potential value of Bitcoin with a positive picture towards it. We know that every time in the bull market bitcoin price crosses its ATH, according to it's nature the possibility of $80000 or more this year is also very high. But it is only estimated based on demand and situation. It can be expected by the end of this year if not then we should wait for the next year. Over all an investor should take decision after researching well about its high level of risk.

[kamvreto]

Inflation and recession is still a threat know this but the fact is it's not getting worse I know this will affect the price of bitcoin but not completely into a sharp decline but for me inflation will not be big enough although there are some war effects still going on.

It is a key factor that slowdown the market adoption and market demand slowing the price movement. Though I was optimistic this year but I couldn't really imagine that Bitcoin price will reach another ATH or even reaching $40k this year is even quite impossible. If the war between Russia and Ukraine will stop, I really see a huge impact on the market inflation as well and make a change in the crypto market trend, and so the global economic growth. We'd see the connection between the two because if we have a good economic conditions, investments are also growing.

Cryptocurrency market is very volatile and with in a moment it's dynamic nature can change very quickly. The growth of the bitcoin or cryptocurrency market is usually influenced by the demand of the people towards it. So far many analysts and investors have predicted the potential value of Bitcoin with a positive picture towards it. We know that every time in the bull market bitcoin price crosses its ATH, according to it's nature the possibility of $80000 or more this year is also very high. But it is only estimated based on demand and situation. It can be expected by the end of this year if not then we should wait for the next year. Over all an investor should take decision after researching well about its high level of risk.

A bull market may be coming soon, but getting to a new ATH or getting past a previous ATH requires some push from fundamentals. To reach ATH $80k is still a long way off for now. I don't know if this year will be a good year or not, but as the halving approached the market started to be as good as in previous years. The halving will still happen in 2024 and that's still next year. I fear there will be an even lower downside this year when the bull run kicks in, but it hasn't hit a new ATH yet. We have to be prepared for all conditions, if you have Bitcoin then the long term will be better.

[Fara Chan]

A bull market may be coming soon, but getting to a new ATH or getting past a previous ATH requires some push from fundamentals. To reach ATH $80k is still a long way off for now.

So far, even though we have experienced a small bull recovery, we actually cannot use it as a guideline that the year will reach the latest ATH, $ 80k this year is actually a very significant increase and it is difficult for us to predict by looking at no changes in the surge so significant in the market so far, but to expect this to happen I feel it needs a much stronger push, either in terms of Bitcoin Adoption or with demand for Bitcoin offerings.

[$crypto$]

A bull market may be coming soon, but getting to a new ATH or getting past a previous ATH requires some push from fundamentals. To reach ATH $80k is still a long way off for now. I don't know if this year will be a good year or not, but as the halving approached the market started to be as good as in previous years. The halving will still happen in 2024 and that's still next year. I fear there will be an even lower downside this year when the bull run kicks in, but it hasn't hit a new ATH yet. We have to be prepared for all conditions, if you have Bitcoin then the long term will be better.

It will be very difficult to reach $ 80k I did not have the same belief before the halving happened but what is certain is that the usual bull market will definitely come soon and this is due to the effect of approaching the halving so we have to wait to see how the market moves.
The concern is that it will definitely happen, but we must be prepared if it is true that bitcoin has experienced a significant decline, but what is certain is that surviving is much better than selling due to panic.

[ShowOff]

So far, even though we have experienced a small bull recovery, we actually cannot use it as a guideline that the year will reach the latest ATH, $ 80k this year is actually a very significant increase and it is difficult for us to predict by looking at no changes in the surge so significant in the market so far, but to expect this to happen I feel it needs a much stronger push, either in terms of Bitcoin Adoption or with demand for Bitcoin offerings.

Let's just say it's possible, but just hard to come true. The price of bitcoin will be greatly affected by any external fundamentals, and it is not uncommon for it to be in very high demand when something good happens. Adoption everywhere underpinned our long journey in bitcoin, but FUD will still change market conditions.

Regardless, everyone hopes that bitcoin can penetrate the horizon, but nevertheless we can never hope for it without a strong push from traders and investors. Instead of expecting a new ATH in 2023, I think it would be good to expect prices to fly above $30K before the middle of the year.

[Franctoshi]

I don't think it will be possible for Bitcoin to reach the price of $80k by this year looking at the current price, the months of pull backs that we will have along the line and as we are in the 3rd month of the year right now, plus we will be approaching the end of Q1 2023 by next month and the price is still at $25k.

Lastly the resistance at 69k ATH could send us down to a 3-5 months pull back and should be the strongest resistance to face on the way because $69k sent the price of Bitcoin way down this far to $15k lowest level so far. Therefore if you take all these senarios into account, $80k is almost impossible to reach this year.

[doomloop]

You are on point, the $80K price is not feasible this year, it would be a milestone since it would breach the all-time high of the coin which is not what I see possible until halving time. The best of Bitcoin this year should be between $30-45K, nothing more, and for it starting the year well is still not an indication that it would perform well for the rest of the year.

$30K - $45K for Bitcoin this year is something more Bitcoin deserves to see and achieve. Because I think that market conditions will still be affected by the new news that appears in this year so it will not be very possible for Bitcoin to increase by $ 80K in just a short time, namely this year. After all, a price of that size still looks quite big at this point given that Bitcoin's current price is still at $23K+.

Not Bitcoin is the one that deserves it but we who invest on it because it gives us a hope and some profits. The profit that we can get can still grow if more increases are recorded by Bitcoin later on. Bitcoin does not care if whatever the price it will have but we people are not disappointed with BTC even if it is dumping sometimes.

We are in fact proud of it because it reached this long and if without him, crypto world won't grow big like this. There are many factors which can affect the price of Bitcoin including the news and the rising inflation rates. Let us hope those things are not going to come so that we can also hit this $80k you guys are wishing for.

[Wiwo]

The year 2023 still has a long day ahead and with this, we can expect whatever price possible, just as you mentioned $80k is still within the achievable price benchmark for the year since we are just 3 months into the year and bitcoin have performed tremendously.

-eighty thousand dollars price may look too much to achieve,  but if Bitcoin can continue with its present market trend and recovery move, the next nine months before the year ends can give us that price range.

[Fredomago]

A bull market may be coming soon, but getting to a new ATH or getting past a previous ATH requires some push from fundamentals. To reach ATH $80k is still a long way off for now.

So far, even though we have experienced a small bull recovery, we actually cannot use it as a guideline that the year will reach the latest ATH, $ 80k this year is actually a very significant increase and it is difficult for us to predict by looking at no changes in the surge so significant in the market so far, but to expect this to happen I feel it needs a much stronger push, either in terms of Bitcoin Adoption or with demand for Bitcoin offerings.

Yup, A much stronger reason for more investors and traders to jump in and take the ride, with the current market movement we still seeing big possibilities that it can collapse and fall back, though we do have different speculations and analysis, but assuming that this year it can reach a new high is hard to tell.

Unless we will see huge amount of investment that will flow inside then we can say that there's no stopping and it will take a new high.

[erep]

I don't think it will be possible for Bitcoin to reach the price of $80k by this year looking at the current price, the months of pull backs that we will have along the line and as we are in the 3rd month of the year right now, plus we will be approaching the end of Q1 2023 by next month and the price is still at $25k.

I think you should not be pessimistic for the current market correction, you should review the bitcoin price this year has recovered almost 10k within 2 months of the year, so nothing is impossible to achieve in the next 10 months because we have high hopes to reach ATH in this year or at least over $50k.

Lastly the resistance at 69k ATH could send us down to a 3-5 months pull back and should be the strongest resistance to face on the way because $69k sent the price of Bitcoin way down this far to $15k lowest level so far. Therefore if you take all these senarios into account, $80k is almost impossible to reach this year.

The market scheme will not be much different from the movement patterns of the previous few years, the market has also reached ATH $ 20k before and the market has decreased to $ 4k, so it is predicted that the scheme will repeat itself because the next price achievement will be higher than the previous ATH, even if the price is $ 80 k may not be achieved within this year, but we believe 2024 is our big hope for new ATH.

[pixie85]

I wouldn't rule out any possibility but I'd say that there's a much greater probability of us going to 80 000 this year than to 10 000 even though 10 looks like it's much closer.

That said, I don't think we'll reach either of these price points. We won't go lower because even the FTX collapse which was a very large event with panic levels at maximum according to both RSI and fear &greed couldn't take us lower than 15 000.

We also won't go to 80 because of FED. They're trying to crash the market because according to these assholes the employment in the country is too good so you have to lose your job for them to feel like a success.