Will the price gets to $60k this year?

[Poker Player]

Highly unlikely I'd say. I would expect us to hit $40K or even $50K this year but no more. It would be getting too close to ATH.

Bitcoin is always a coin that cannot be predict...

It cannot be predicted with certainty, but we can speak of probabilities. Looking at the history of Bitcoin, the normal is to approach the $69K peak after the next halving, not this year. To look at it from a positive point of view, we can continue to accumulate at a cheap price for a longer period of time.

[ilovealtcoins]

Anything is possible, nothing is impossible with bitcoin. But based on history, and the current economic situation, reaching that price point has been very difficult for bitcoin. But in investing, we should not be delusional but need to be realistic because if our expectations are too high and we do not achieve the set goals, we will be disappointed and easily make wrong decisions.

[Nrcewker]

I can’t say you exactly a number, but as history is indicating, Bitcoins follow a 4 year cycle to attain new ATH price. And this year is the fourth year. Moreover March has shown us many positive hints regarding the price of the coin, so yes anything and everything is possible. If Bitcoins manages to cross 35k usd by end of April then definitely 60k usd can be achieved by the end of the year. But currently Bitcoins are getting pullbacks, so yes we have to wait for some more time to clearly see the speculations. In the mean time accumulate as many Bitcoins as you can.

[reagansimms]

But the question is; is it possible for bitcoin to reach $60k by this year? No serious bulls happening currently and if it continues in this little increase probably it will not get anywhere close to $60k. Share your views.

We are still in the middle of the fourth month of 2023, Bitcoin has been gradually increasing and managed to break through the long awaited $30k. Today the price of Bitcoin is observed to be sluggish now at a price of $ 27k, the decline after reaching a price of $ 30k is an important event for traders and investors. These conditions suggest that there may be significant selling pressure at certain levels, which could indicate a potential bearish trend in the short term.

Who can predict the future movement of Bitcoin prices with certainty, maybe Bitcoin will pass $ 60k or maybe vice versa. Traders and investors need to use technical analysis to identify strengths or weaknesses and levels of support and resistance in the market. This dip could be an opportunity for traders to profit from short-term Bitcoin trades before the next bull run.

[Franctoshi]

I would consider thinking about Bitcoin hitting $69k price this year if we hit $40k, we have huge resistance standing on our way at the $30k which sent us way back down to $27k that we are trading right now. So Bitcoin will need a lot of momentum to cross pass that level of resistance as Binance conversion of their asset into Bitcoin and ETH helped us get to the $30k price range we've been expecting, likely such a big event would help us ,before I would agree with you on a possible $69k this year.

[Lantind]

s it possible for bitcoin to reach $60k by this year?

Maybe all this time the Bitcoin price pumping has not been so significant that the price continues to soar, and this is still only a third of a year away, there are a few more months to go and will this hit the target, although $60k is a pretty high target and it is difficult to predict given that right now the market is also undergoing a correction, although there are several months left and we will see how far the pumping will go.

[Smack That Ace]

I can’t say you exactly a number, but as history is indicating, Bitcoins follow a 4 year cycle to attain new ATH price. And this year is the fourth year. Moreover March has shown us many positive hints regarding the price of the coin, so yes anything and everything is possible. If Bitcoins manages to cross 35k usd by end of April then definitely 60k usd can be achieved by the end of the year. But currently Bitcoins are getting pullbacks, so yes we have to wait for some more time to clearly see the speculations. In the mean time accumulate as many Bitcoins as you can.

If you believe in bitcoin's 4-year cycle, we're in year 2 of a bear cycle, not this year is the fourth year as you said. Bitcoin has been recovering since late January, not March, and there is no guarantee that if it can hit $35k by the end of this month, bitcoin will definitely hit $60k this year. When discussing bitcoin price, we shouldn't say the word "definitely" here, bitcoin is unpredictable. If a newbie with and lack of market knowledge hear that, they will most likely misunderstand.

[AnonBitCoiner]

Since the bull is gradually rising, I'd it will reduce the level of inflation controls and policies that will favour the bulls. It will encourage more buy by investors and big time entrepreneurs, surprisely this year bitcoin would have records more subscribers and price stabilities. Looking at many countries revolution of bitcoin like New Zealand, US, El Salvador, China, Africa and so on, if this countries can possibly readjust policies to favour bitcoin by mid year, it will experience excess rising.

But the question is; is it possible for bitcoin to reach $60k by this year? No serious bulls happening currently and if it continues in this little increase probably it will not get anywhere close to $60k. Share your views.

The price of Bitcoin increases as the demand for it increases so when the mentioned countries favour Bitcoin at the mid of this year so there is no doubt that the price will increase and it can reach to 60k$.

Now a days by keeping the success rate of Bitcoin in mind everyone desires to select Bitcoin for their future success. The price can go up but we cannot ignore the reality that it can go down with the same speed when market is not according to our hopes so we should be ready for each type of condition.

Future is unseen so we just think and estimate the price but we are still unaware of future happening so it can reach to 60k$ or may be above it and it can also go down but we are unaware, it depends on people's desire towards it's investment.

[LogitechMouse]

But the question is; is it possible for bitcoin to reach $60k by this year? No serious bulls happening currently and if it continues in this little increase probably it will not get anywhere close to $60k. Share your views.

My realistic speculation is, it will not reach that price.

My prediction at the start of the year was Bitcoin will move sideways at around the $17,000-$25,000, but obviously it didn't happen, and I was wrong. Anyway, Bitcoin within the last few days has been going down to it's past high of $30,000 to now at around the $27,000 price again. I don't really know if the bears regained the momentum again because of the price movement of Bitcoin in the past few days, or it's just a short correction, and many really sees $30,000 as a psychological resistance.

Nevertheless, I don't expect that Bitcoin will reach that price unless there will be a series of positive news online that might affect the price of Bitcoin in a positive way. When Bitcoin surged up to where it was today, it was banks getting bankrupt that is the news at that time. I wonder what will be the catalyst/s that will make the price of Bitcoin go way higher than $30,000.

My new prediction? Bitcoin will reach at least $40,000-$45,000 this year. I think that's a more realistic prediction.

[suzanne5223]

Nothing is impossible in the Bitcoin market especially when the block halving is approaching. From what I read the government already knows the benefit of cryptocurrency when it comes to border-to-border payment but didn't have the understanding or maybe they are playing a political game of seeing it as a threat to the fiat system.
Having said that, the East countries are making a good move toward cryptocurrency we both know there's a lot of money there and if it happened that they are serious about crypto and pump money into it there's a chance for BTC to make a good price this year.

[$crypto$]

But the question is; is it possible for bitcoin to reach $60k by this year? No serious bulls happening currently and if it continues in this little increase probably it will not get anywhere close to $60k. Share your views.

I'm not sure the year reaching $60K is too close to the previous ATH in 2021 but I expect this year bitcoin will experience a delay in its movement even though it has shown signs at the beginning of the year until now it can touch $30K but it needs strong support to reach at a certain point again, but all speculation can be seen because movements are always difficult to predict.

But after 2024 I might be a bit optimistic with further increases from this year maybe to $ 60K because there is a momentum where the halving block is determined again, in that year there was always a 4 year cycle which was part of previous history.

[DiMarxist]

We all know the higher price will come, fear and brave work together, Bitcoin price is unpredictable the bear market will not last for two years it's only last few days,weeks, and if is too long half a year you take the  risk.but am speculating next month it's might reach $60k if he climbed $30k next week.  if the price reach $30k there is a possibility that bitcoin will reach a price of $60k, The current price of bitcoin is just a third of the ATH of the moment. I think the next bull run might be the best one and it's might beyond our imaginations. If you see the way the price run from $20k to $30k before decreasing to $27k.

[BITCOIN4X]

I can’t say you exactly a number, but as history is indicating, Bitcoins follow a 4 year cycle to attain new ATH price. And this year is the fourth year. Moreover March has shown us many positive hints regarding the price of the coin, so yes anything and everything is possible. If Bitcoins manages to cross 35k usd by end of April then definitely 60k usd can be achieved by the end of the year. But currently Bitcoins are getting pullbacks, so yes we have to wait for some more time to clearly see the speculations. In the mean time accumulate as many Bitcoins as you can.

It's always difficult to predict prices with certainty, maybe not even. The analysis will support price predictions for 2023, but sometimes their accuracy is also not guaranteed.

The correction that occurred in the last week is a natural thing because bitcoin is always possible to move in two directions even without too big a reason. I believe the process of restoring the price back to $30k is expected to take place during this April, but probably not if lots of people are still allowing their bitcoins to sell for under $30k. $60k maybe, but I think it will only happen in few month before the halving or maybe after. This year, $40k - $50k is a high that is still in doubt.

[_BlackStar]

I would consider thinking about Bitcoin hitting $69k price this year if we hit $40k, we have huge resistance standing on our way at the $30k which sent us way back down to $27k that we are trading right now. So Bitcoin will need a lot of momentum to cross pass that level of resistance as Binance conversion of their asset into Bitcoin and ETH helped us get to the $30k price range we've been expecting, likely such a big event would help us ,before I would agree with you on a possible $69k this year.

I'm on the fence about $60k this year, for me that's too close to the previous ATH. Even if the bitcoin price breaks the $40k resistance then I think the high price this year will be $45k or $50k. There may be a deep correction before the halving occurs, but I don't think we have entered a correction phase before the halving especially in April, May or June.

I am optimistic that the current price correction is only a part that should be considered important for anyone hoping for an accumulation opportunity. Bitcoin lost almost 10% of its value in the last 7 days, so I think they should be pretty sure that buying now is a wise choice.

[hugeblack]

With the economic changes that are taking place now, the price is far from reaching that level, at least for it to settle above the 60,000 level for a long time. We may see that the price will break the 40,000 barrier for some time, but it is difficult to see prices higher than that.

All these analyzes are for the normal situation, but if something exceptional happens, we may reach that secret for several weeks before a correction occurs.

[michellee]

It's possible, even though we don't see any serious bulls happening. But we have to remember that bitcoin can increase suddenly without anything going to go with it.

But if there is no improvement at all until the middle of this year, maybe bitcoin will be on the bottom for a while until there is greater support for bitcoin. After bitcoin's rise to $30k yesterday and now dropping to $27k, bitcoin has tended to stay where it is today and there is a possibility that it will pick up again next week.

So it's better to wait for the increase to arrive while preparing more bitcoins in our wallets so that we can sell them if the price increases immediately. Many people still continue accumulating more bitcoins, so we should also do it before it's too late.

[Mauser]

But the question is; is it possible for bitcoin to reach $60k by this year? No serious bulls happening currently and if it continues in this little increase probably it will not get anywhere close to $60k. Share your views.

It's definitely possible for bitcoin to reach 60k USD this year. April isn't fully over and we still have 2/3 of the year to come. In the first few months bitcoin managed to go from 16k to 30k USD, which is almost a 100% return. Another 100% return would already bring us close to a new ATH. The real question is how realistic is such a scenario. During the summer we usually don't see big gains because many people are on vacation. That's why I would expect another really to come at the end of the year. Maybe in November we can get an early Christmas gift. The main drivers are global economic recovery and the halfing next year. Personally I am also not so optimistic and would rather expect a price around the 45k USD level at the end of the year.

[Oceat]

I don't know why people keep asking this question like when the bull market is nearly coming it's like they are still not confident of how much improvement Bitcoin did in the past. Although, I get it why they have to asked because primary reason might be they don't know how the market works or they were just starting to like/invest Bitcoin because of the hype or someone just said they earned a lot by investing in Bitcoin which is too convincing if they really show the results but things are different when it's you the only one doing the trade without the help of the others.

Bitcoin price ATH last bull run was $64k and we enthusiasts probably thinking that the price would exceed to what we are expecting but of course there are some people who does compare the price chart of previous bull run. Speculators are all over the place throwing numbers which is fitting for the next bull market price.

[Farma]

did not rule out that the price of Bitcoin could reach $ 60k this year. however, it requires encouragement from positive information from Bitcoin. Personally, I think that it's quite difficult to achieve this year, but the potential is still there because we don't know what will happen in the future. if positive winds come for Bitcoin, then a price recovery could quickly occur and may approach $60k quickly. However, looking at current developments, the ideal price for bitcoin to be reached this year is in the $40k range.

[nimogsm]

I don’t think that this will happen this year, the growth will be closer to the halving itself, and until that moment the price will be in the turbulence zone. Therefore, I would take advantage of the moment and continue to increase the amount of my crypto to the growth that we are all waiting for here. And the price of 60k is unlikely, I think the first stop is at least 40-45 and on a permanent basis.