Can we experience $80k this year?

[stomachgrowls]

There is no level of accuracy to predict the price of bitcoin will touch $80k by the end of this year, but the level of accumulation that occurs and the cycle shows the price movement towards that stage. The issue is whether the current price is the end point of bitcoin touching below $30k, as I see it is still too soon for the price to reach the $80K level.

Ideally the price to be surpassed is $50k and it is at this point of accumulation that bitcoin will reach $80k. Let's see for the next few months and how market sentiment will affect bitcoin, the current surge in price also still indicates good conditions to buy, as the halving is already looking very close and almost beyond the price that people are predicting.

The initial bullish stage has entered which means the bearish has finished. Next you can expect the $35k and $40k resistances to be reached as the current bullish trend is very supportive of the assumptions. Recently the $30k was topped which was a turning point on a more bullish streak, but in any case we're only going to slow down a bit before trying to touch new resistance.

$80k is not in the shadows yet, but if bitcoin keeps its current trend then $40k or higher could be reached. Just wait, do DCA if you are looking for the best time to invest.

Basing up on TA's then we could say that bear market is over if the price would be hovering around 36k-46k which is something not too far off as we do see but speaking about 80k for this year couldnt really be that possible unless if there would be some bullish news which would poke up and pop up the community interest and some sort of mix hype then for sure it wont really be that impossible but of course just like on what
most people do talk about on breaking up ceilings and resistances is never been that simple.We should considerate on how hard on breaking on every those lines since there would be always a strong
selling pressure to those areas which we know that it could really take up some time on seeing up these numbers.

[NicNacCoin]

Since the year started with a good results by moving from $20k to $24k this year, show that the price of BTC and crypto will move higher to satisfy investors soon. Now that the month is moving faster and investors need to think faster so that they will not miss their reward at the end of the year. The price of BTC just drop down to $22k few days ago, which is another opportunity for those that missed last year not to invest in a stable coins to do it now because, the price of BTC will surely reach $80k before the end of this year 2023.
Are you sure investors will experience $80 this year?

It depends on the market situation 80k$ is very high price even if it touches back 60k$ many investors would become happy, no one knows if btc rise up to 80k$ this year only god knows about it. Btc will reach this 80k$ in the future but if we said that this year 2023 i think it is very hard.

2022 was an absolutely bloody year. But since the beginning of 2023, we have been in a very good position. However, many analysts predicted that Bitcoin would be in the $30,000 range by March. But unfortunately could not stay within $30000 by March. But it crossed $30,000 in April. After that, if our next target of 40k dollars can cross 40 thousand dollars in the month of April, then surely the price of Bitcoin can stay between $70k and $80k by the year 2023.

[Lubang Bawah]

There is no doubt that in 2023 the market will rise and make me not sell bitcoin, now the price is safely at $ 30k, I believe the price will reach $ 35k before April 20th. Let's continue to buy so that we can get big profits to make up for losses in 2022.

[G_Besar]

There is no doubt that in 2023 the market will rise and make me not sell bitcoin, now the price is safely at $ 30k, I believe the price will reach $ 35k before April 20th. Let's continue to buy so that we can get big profits to make up for losses in 2022.

For an increase in the price of Bitcoin, I also have no doubts because the level of demand and supply for prices on Bitcoin is also looking better now, so it is still very possible to continue to get the potential price increase this month. But I'm still not sure about what you said where you won't sell Bitcoin, because some people will still be tempted to sell Bitcoin immediately when they see the high price in Bitcoin this year.

Moreover, you also say that you will make up for the losses that have befallen you in the past year, of course you will do that by selling Bitcoin because you will not be able to make up for this just by being silent without any action.

[erep]

Moreover, you also say that you will make up for the losses that have befallen you in the past year, of course you will do that by selling Bitcoin because you will not be able to make up for this just by being silent without any action.

An effective way to make up for losses is using short-term trading strategies, strategies using market analysis to trade bull markets because the potential for profits is high if you have the skills to read market analysis, but the market is too risky to lose and of course there is no guarantee it will match our speculation, so making up for losses is not means to trade but more profitable to be a long term holder waiting for the next high to be reached soon.

[Lanatsa]

Moreover, you also say that you will make up for the losses that have befallen you in the past year, of course you will do that by selling Bitcoin because you will not be able to make up for this just by being silent without any action.

An effective way to make up for losses is using short-term trading strategies, strategies using market analysis to trade bull markets because the potential for profits is high if you have the skills to read market analysis, but the market is too risky to lose and of course there is no guarantee it will match our speculation, so making up for losses is not means to trade but more profitable to be a long term holder waiting for the next high to be reached soon.

Trying to sustain yourself or survive on this unpredictable market is something that we dont really be able to know on what would happen ahead and this is why we should really be doing our very best when it comes to surviving this market even though it wont really be that something simple but somewhat its not really that impossible. Speaking about 80k for this year sounds too impossible unless if we do start up the bull run market for this year then we might be seeing  that it might be able to break its previous ATH but we know that bull run could happen after the halving period which we know that it would really
be still on next year to come. We cant be sure on when it would happen and this is why it would really remain that speculative.

[STT]

Im looking at the chart right now and day to day its bullish, its confirming above the 30k mark though round numbers are a fallacy to be sure.
  So we passed the lows of 2021 which is good and also that was the initial pullback of first ignition in the lasts of  2020 so a significant place.   However I think the lows of 2022 are probably a better measure and where the market will adjust comparative to other assets most likely.   Every time frame has its own dynamic and weighting among the others.

[Fredomago]

Moreover, you also say that you will make up for the losses that have befallen you in the past year, of course you will do that by selling Bitcoin because you will not be able to make up for this just by being silent without any action.

An effective way to make up for losses is using short-term trading strategies, strategies using market analysis to trade bull markets because the potential for profits is high if you have the skills to read market analysis, but the market is too risky to lose and of course there is no guarantee it will match our speculation, so making up for losses is not means to trade but more profitable to be a long term holder waiting for the next high to be reached soon.

If you have that knowledge to do short and I agree that you can generate good profits in a short-term trade but it's not a guarantee as the market is volatile and the movement can go against your position, most of the time experienced traders are riding in a short ride even it just giving them a small amount of profits.

They will just try to keep repeating and will see how many winning trades that they will be able to convert.

[Wong Gendheng]

Of course, if you look at the current market conditions the opportunity to reach $ 80K is easy to achieve, I'm sure this year the market will rise, as evidenced by the increasing volume of daily transactions and prices slowly continue to rise even with a small percentage.

[Zanab247]

There is no doubt that in 2023 the market will rise and make me not sell bitcoin, now the price is safely at $ 30k, I believe the price will reach $ 35k before April 20th. Let's continue to buy so that we can get big profits to make up for losses in 2022.

The opportunity to buy in the market is still there for those that want to be part of the massive pumping that is about to happen in crypto market soon because, the price of BTC has reach $30k and there are some signs that the price will hit $80k before the end of November this year. Many people will surely use this year to recover from their losses they experienced last year 2022 that made many people panicked that BTC is about to collapse but it's only the wise bitcoiners that know that it's time to hold for a better future to come. Since the bear market is about to come to an end in the market, it will be advisable to buy little so that you will not regret when the price will decrease again because BTC is unpredictable.

[Fredomago]

There is no doubt that in 2023 the market will rise and make me not sell bitcoin, now the price is safely at $ 30k, I believe the price will reach $ 35k before April 20th. Let's continue to buy so that we can get big profits to make up for losses in 2022.

The opportunity to buy in the market is still there for those that want to be part of the massive pumping that is about to happen in crypto market soon because, the price of BTC has reach $30k and there are some signs that the price will hit $80k before the end of November this year. Many people will surely use this year to recover from their losses they experienced last year 2022 that made many people panicked that BTC is about to collapse but it's only the wise bitcoiners that know that it's time to hold for a better future to come. Since the bear market is about to come to an end in the market, it will be advisable to buy little so that you will not regret when the price will decrease again because BTC is unpredictable.

You need to always consider the other side of the market, even you have that believe where the market may pump up and reached the said speculated target, but lets also be practical that due to volatility we are unsure if what direction the market may go and we should be ready if ever the collapse take place,.

Planning on both bull and bear season is very important. Before taking your call, make sure that you have alternative options in case the market move to the other direction. I mean, if the market turns against our position.

[DiMarxist]

Trying to sustain yourself or survive on this unpredictable market is something that we don't really be able to know on what would happen ahead, nobody is able to predict what will happen next, Planning on both bull and bear season is very important. Before taking your investment steps, make sure that you have alternative options in case the market move to the other direction. I mean, if the market turns against our position.but if it continues this drastic movement of additions of values in every month we step in,  it's will be advisable to buy little so that you will not regret when the price of bitcoin market turns against our position again because BTC is unpredictable.

[yohananaomi]

Of course, if you look at the current market conditions the opportunity to reach $ 80K is easy to achieve, I'm sure this year the market will rise, as evidenced by the increasing volume of daily transactions and prices slowly continue to rise even with a small percentage.

I also doubt that it will increase by that much, my only prediction is that the possibility of the previous increase was only a temporary surprise and if there will be a continuous increase, it will not be as large as the estimate. because the economic situation doesn't seem to be improving as a whole and that will affect crypto as well, moreover next year there will be a halving period so if it does increase it won't be big. in fact later after the halving period there will be a significant increase, but predictions can also be wrong.

[irhact]

I also doubt that it will increase by that much, my only prediction is that the possibility of the previous increase was only a temporary surprise and if there will be a continuous increase, it will not be as large as the estimate. because the economic situation doesn't seem to be improving as a whole and that will affect crypto as well, moreover next year there will be a halving period so if it does increase it won't be big. in fact later after the halving period there will be a significant increase, but predictions can also be wrong.

You're not wrong with your prediction but the price will not continue dumping since what we're experiencing now with the market is just a correction to the pumps we have had in the last few weeks. Traders are taking profits and short term investors too are taking profits and since there isn't enough new money flowing into the market, the market can't hold of those sell pressure.

The economy situation are in favor to the market since other financial markets are getting a hit and people are looking for better investment opportunities which Bitcoin offers that. The banks aren't safe anymore as more of them are going bankrupt but if you're invested in Bitcoin, that isn't a possibility.

[Bitcoin_people]

It is very difficult to say whether the Bitcoin market will reach $80k this year. The current market position is not so good especially in pulse season markets. Crypto markets turned into a massive bull market last week and investors were very happy. But for the last few days the market has been pulling downwards, the Bitcoin market has dropped from $31,000 to $27,000. However, I have a long belief that the Bitcoin market is likely to grow again later, but there is no telling how much it will grow this year. But I believe the bitcoin market is likely to cross $50000 by 2023 and is expected to do so in the future.

[yohananaomi]

I also doubt that it will increase by that much, my only prediction is that the possibility of the previous increase was only a temporary surprise and if there will be a continuous increase, it will not be as large as the estimate. because the economic situation doesn't seem to be improving as a whole and that will affect crypto as well, moreover next year there will be a halving period so if it does increase it won't be big. in fact later after the halving period there will be a significant increase, but predictions can also be wrong.

You're not wrong with your prediction but the price will not continue dumping since what we're experiencing now with the market is just a correction to the pumps we have had in the last few weeks. Traders are taking profits and short term investors too are taking profits and since there isn't enough new money flowing into the market, the market can't hold of those sell pressure.

agree with you, of course everyone hopes that this is a momentary correction but remains stable and there are no surprises that will actually make the price go back down, of course this is the momentum of short-term traders looking for profits that can be obtained. it looks like traders with large capital are able to do this because readiness in the right actions is needed so that they don't anticipate wrong things.

The economy situation are in favor to the market since other financial markets are getting a hit and people are looking for better investment opportunities which Bitcoin offers that. The banks aren't safe anymore as more of them are going bankrupt but if you're invested in Bitcoin, that isn't a possibility.

those who already know that bitcoin plays a very big role will of course start avoiding banking for every investment that will be made, because banks do not provide good enough interest even as you said the possibility of banking going bankrupt can happen and this will not be possible (until now) to happen on bitcoin investment. not yet with the benefits derived from the increased price of the initial purchase of course it will not be obtained at the bank.

[JeffBrad12]

Honestly $80k, seems a little bit far with current value, we all know that for bitcoin in multiply its values more than double nowadays are kinda hard feat to achieve, maybe it is possible but i'd say it's just harder than any other coin in existed considering it has valued this high. Maybe this year, we are still building its path towards that all time high, slowly but sure bitcoin are climbing but we still don't know yet whether bullruns truly are gonna be coming after all there has been many pulling back from the market towards the price of bitcoin.

if there are any news that's good like back then where tesla quite literally shilling for cryptocurrencies maybe there gonna be sudden increase but it seems nowadays that's not the case. i doubt any company gonna be shilling for it right now.

[Dr.Bitcoin_Strange]

I am seeing this thread late, but I still want to drop my speculation. Bitcoin has appreciated in price in the first quarter of this year, but that's not enough reason to believe it will do $80 this year. Although nothing is impossible in the Bitcoin market, any good news could just be released that could spike up the price of Bitcoin, but normally there is nothing yet that can push Bitcoin to your speculated price this year at OP. I think if the price goes up a bit, what we might just expirence this year is $40k or $50k.

[AnonBitCoiner]

Reaching from 20k to 24k$ is not difficult but reaching towards 80k$ is very high value and I think its not possible to directly achieve the mentioned value. Bitcoin can reach towards higher value but when it's unknown and we should buy bitcoin with the hope of its boosting cost in future.

I think in bitcoin investment one cannot missed the opportunity to buy it because it attain higher costs year by year so we should not think about past but we should use our active mind and brilliant thoughts for future goals. If price enhances from 20k to 24k$ so there's not evidence that it will not come back to the lower price and surely there will be large number of ups and downs because the so many months are still remaining in current year and we don't know about these months that what will happen.

[fzkto]

Reaching from 20k to 24k$ is not difficult but reaching towards 80k$ is very high value and I think its not possible to directly achieve the mentioned value. Bitcoin can reach towards higher value but when it's unknown and we should buy bitcoin with the hope of its boosting cost in future.

I think in bitcoin investment one cannot missed the opportunity to buy it because it attain higher costs year by year so we should not think about past but we should use our active mind and brilliant thoughts for future goals. If price enhances from 20k to 24k$ so there's not evidence that it will not come back to the lower price and surely there will be large number of ups and downs because the so many months are still remaining in current year and we don't know about these months that what will happen.

For bitcoin, it is not hard to do 3X in a year or even half a year. You just need to understand what it is in a year. For example, it is definitely not possible now, because next year there will be a halving. So I am sure that in 2025 reaching 80K will be easy. But this year 40-50K would be the high, if statistics and previous cycles are to be believed.