Will the price gets to $60k this year?

[Hamphser]

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.

We know that everyone is really a speculator on here, no matter whats your position or how high is your popularity or you've been known on this market.Whenever we do see some claims about bear market is over then just take it a pinch of salt and would be moving according into your own analysis and wont really be that easily be getting hooked up with these sentiments.Im aint saying that they werent right but neither they arent that wrong either. This is why whenever we do read up some headlines or news then its good to see that there are people who do believe on that way just like for this
recent news or article i had read on.

Crypto Bear Market Over, Bitcoin on Track for $100,000, Says Standard Chartered Researcher
Source: Link

So this one pertains about $100k on 2024 which i could say its considerable and realistic compared into those 1M/btc bet on upcoming 90 days which is insane.

[Rigon]

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.

Bitcoin, however, stayed within $31,000 a few days ago. So our next target is 40000 dollars. We are now in a much better position than when the market went into the $15k range. But from my point of view and from my analysis I can say that in 2023 the Bitcoin market can manage $45k to $50k. And during the halving in 2024, Bitcoin may reach $100,000. I can make such prediction from my personal analysis.

[lienfaye]

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 had a good increase after ranging to below $20k earlier of this year. Many investors became bullish that the bear season is over since the price is moving upward reaching beyond $30k before the correction happened.

But to answer your question, I don't think this is the year to reach $60k value once again, instead it's possible to happen next year after halving. Many investors are also doing short term, taking profit on their set price, the reason why the increase of Bitcoin is not consistent. So be patient because even we're not in bullish season yet, we will certainly get there.

[CageMabok]

Bitcoin, however, stayed within $31,000 a few days ago. So our next target is 40000 dollars. We are now in a much better position than when the market went into the $15k range. But from my point of view and from my analysis I can say that in 2023 the Bitcoin market can manage $45k to $50k. And during the halving in 2024, Bitcoin may reach $100,000. I can make such prediction from my personal analysis.

I think everyone's personal beliefs are always different when it comes to Bitcoin price speculation. I personally believe in a more realistic price level for Bitcoin to reach at the rate you said it was ($40K) this year, but that doesn't mean Bitcoin can't move beyond that. Since I'm just more confident at that price level after seeing how Bitcoin has held in the $30K area and not as far from the $30K area as it is right now, so a price run for $40K I think that looks pretty realistic for Bitcoin this year.

[BenCodie]

That's what people would expect based on the last few months and why I personally believe that there is more catastrophe in order that will continue to delay the bull run that everyone is waiting for. Letting Bitcoin set off now would be too easy and I think that there must be more unexpected pain in store. There could be bans from Western countries (which hasn't yet occurred)...a successful CBDC might ban cash and block all Bitcoin/cryptocurrency related transactions. Maybe Binance will exit too Who knows. On the former topic, it is possible that a CBDC would lock people out of being able to buy Bitcoin and therefore it would propel in value both because of the halving and because it is so hard to acquire. People might think that less avenues to buy is a bad thing, but the tipping point for that might be around this time. That's purely speculation and theoretical based on the assumption that CBDC's are in play to block the avenue to cryptocurrency.

[justdimin]

at least we have good basis on how we will  predict the coming value but also I still cannot see any chance of bitcoin hitting 60k , maybe what you said is also mine that
40k at least will be broken(hope to happen soon)
but even if bitcoin will hardly getting that price , at least we have seen
the value above 30k recently.
and for me we are still in correction that is why the price keeps holding in 27-28k for a while now at least 3 days?

I do believe that 40k could happen soon, I know that it is not going to be easy or anything like that but it could still happen. I feel like before the summer is over we are going to end up seeing 40k for sure. That's going to be a tough increase and there will be some issues along the way but we are going to probably end up seeing that. I hope that when that happens, we are not going to end up with any problems at all, and we end up with a good result.

We need to remember that whenever price goes up, there are a lot of people who sell for profit, and when they sell for profit the price goes down, and some people panic sell when they see it go down, and then there are leverages that gets cashed out, all of those combined make it go down a lot. So, we need to be ready for anything when it goes up.

[barisbilgili]

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.

precisely because the increase is happening slowly and it has happened since the beginning of this year and while there was a price correction that was not too deep it was possible to reach a price of $ 60k in this year.
at the moment the price of Bitcoin is $28k after a few days ago it reached $30k and right now if we look at the graph there is a decline and so far the decline has not been significant and from what has happened since this year every decline that has occurred has not lasted long so it makes me I believe a price of $ 60k is very likely to be achieved this year.

[darewaller]

It’s unlikely that BTC will double in price this year. But next year it could reach $60,000, as it’ll be halving in April 2024. Many analysts are optimistic about this event.

In general it is not easy to make predictions on the condition of Bitcoin that even when you say it is impossible it may become possible without you guessing it. Although to reach double the current price is not easy for Bitcoin and it is clear that it always takes time for this, as well as what analysts say that at this point they are still very optimistic that a large increase is possible in 2024. But that could be off the mark as they say Bitcoin is not moving to keep up with what people are saying against it.

We won't just predict without looking on the price first. We can also consider some factors like the upcoming events in hopes that our prediction will become more accurate. We are done with $30k and we only need the other half to reach $60k and we still have plenty of time left so I think $60k is possible. Price won't move if people will just assume but it will be more possible if they will make actions. They need to buy more coins and then hodl it tightly. Like many others I am also optimistic next year. I think BTC will reached $100k for the first time and then it can become stable there before it dips because many people are going to sell their coin.

[Nrcewker]

Price of Bitcoins always depends on the demand of the coin. If the demand is high then the price will go up. The reason for this phenomenon is simple. Bitcoins are limited in number and hence if more people try to accumulate it, then due to the limited numbers of the coin, the price goes up. So getting 60k usd this year is quite debatable. Bitcoins have to increase in price if we keep the demand to acquire it. Moreover Bitcoins follows 4 year price circle, so anything and everything can happen this year. Let’s hope for the best.

[Lubang Bawah]

I think price spikes are still easy to happen in the current year and I'm still optimistic that this year can make new ATH or pass $ 60k, even though April currently looks sluggish and doesn't go up but I'm sure a big pump will happen soon, and I think it's better to focus on keep buying before the price gets more expensive.

[G_Besar]

I think price spikes are still easy to happen in the current year and I'm still optimistic that this year can make new ATH or pass $ 60k, even though April currently looks sluggish and doesn't go up but I'm sure a big pump will happen soon, and I think it's better to focus on keep buying before the price gets more expensive.

There is still too much price to increase if you expect ATH this year. Because the Bitcoin price is still in the $29K to $30K area, it needs to double its current price to break through to the new ATH. Indeed, this is not impossible to happen this year in Bitcoin, but for now it is more difficult to happen because market conditions still tend to change unexpectedly. So think more realistically though we don't need to feel pessimistic about it.

[aksplace]

There is still too much price to increase if you expect ATH this year. Because the Bitcoin price is still in the $29K to $30K area, it needs to double its current price to break through to the new ATH. Indeed, this is not impossible to happen this year in Bitcoin, but for now it is more difficult to happen because market conditions still tend to change unexpectedly. So think more realistically though we don't need to feel pessimistic about it.

Opinions from the realistic side may be that the market will find it difficult to penetrate new ATH this year, but some indications of high recovery can be convincing points for the opportunity for the ATH price to be reached at the end of the year or maybe after the halving, we don't need to be pessimistic but still think positively that price fluctuations can change anything to be possible, so the chance of reaching the previous ATH recovery has the potential to occur this year.

[Franctoshi]

Despite the fact that I'm very optimistic about Bitcoin having a good run towards the up side, But we still need to consider some factors like macro economics that could affect or hinder the possibility of Bitcoin's expected recovery to its previous ATH. However, with the recent bank runs event in the US, It has increased the probability of Bitcoin's price hitting $60k than before, as investors no longer have much of confidence with our old traditional banking system to hold their funds, hence Bitcoin and Gold would be a place of safety for investors.

[Mr. Magkaisa]

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.

    -   You know your question was almost the same question on this topic https://bitcointalk.org/index.php?topic=5438813.0 where the different only from the value price. Why don't you just save bitcoin until the bitcoin halving comes or bull run at least what you do makes sense.

Instead of asking a question like this, as a matter of fact, it has been asked several times here on this forum platform as well. Then most people also know that it can really happen or more than I know and understand.

[irhact]

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.

Bitcoin rise doesn't depend on policies of any country, if it did then we won't have gotten to $69k that bitcoin got to in the last bull market because big power country weren't friendly to Bitcoin, US has very strong regulations an so does china. El Salvador is a very small country to be having big impact on the price of Bitcoin and market doesn't cares what Africa does.

Africa will always be seen as a third world country and even if every country in the continent accepts Bitcoin it won't make much difference since they also depend on other continent for their economy. Asian, Europe and US are where their policies could affect Bitcoin but it would still be temporary.

[fuguebtc]

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.

Bitcoin rise doesn't depend on policies of any country, if it did then we won't have gotten to $69k that bitcoin got to in the last bull market because big power country weren't friendly to Bitcoin, US has very strong regulations an so does china. El Salvador is a very small country to be having big impact on the price of Bitcoin and market doesn't cares what Africa does.

Africa will always be seen as a third world country and even if every country in the continent accepts Bitcoin it won't make much difference since they also depend on other continent for their economy. Asian, Europe and US are where their policies could affect Bitcoin but it would still be temporary.

I disagree, although bitcoin is decentralized, it can grow or not depends on us and we are all governed by the government. One China isn't enough to stifle bitcoin's growth, but if influential powers like the US and Europe ban bitcoin outright, it would be a huge slap on the market. It won't kill bitcoin, but we will have a lot of trouble growing and scaling. Bitcoin does not work alone, it is part of the world economy, and its development will depend on the policies that the government makes.

[Wiwo]

What is this topic all about, is it about anticipated 60k price in this year or about government policies that cab effects bitcoin purchase and it legal identity because its a bit confusing to me to get the point out of this thread, but since tgis is speculation board abd tge title go online with the baord i will go ahead to make my speculations.

Bitcoin price have all the possibilities to reach $60k in this year ecen though that will be a long walk from here since the price is still struggling to pass the 30k benchmarks which is half of this predictions but tge possibilities are there that we may see 60k price in 2023.

[Oasisman]

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.

What readjustments do you want to see from this countries that you've mentioned? Because as far as the regulation are concerned, this will continue to happen and we'll have to expect more and more regulations whenever the government see an opportunity, especially during the bull season.

$60k this year? well, anything is possible for Bitcoin. However, in a realistic point of view, investors are still skeptical this year, we've seen divided market sentiments. I'd rather say $60k is much more possible next year before or after the Bitcoin halving.

[Tony116]

What is this topic all about, is it about anticipated 60k price in this year or about government policies that cab effects bitcoin purchase and it legal identity because its a bit confusing to me to get the point out of this thread, but since tgis is speculation board abd tge title go online with the baord i will go ahead to make my speculations.

Bitcoin price have all the possibilities to reach $60k in this year ecen though that will be a long walk from here since the price is still struggling to pass the 30k benchmarks which is half of this predictions but tge possibilities are there that we may see 60k price in 2023.

But what is your reason for thinking that bitcoin could go back to $60k this year while $30k is still unbroken? We've had a good first three months of the year, but that doesn't mean we'll continue to do well through the end of the year to hit $60k without a hitch. I know that you and many investors always want bitcoin to recover and rise again because people want to see a bull market to make a profit. I don't mean to be negative, but I can't be optimistic as we are far from halving, so it's too early to think of a bull season this year.

[Sir Legend]

We are stilll 4 months and I think there is still a lot of time to reach $60k, the growing number of users is a guarantee that the future of bitcoin will be bright, what we do is simple, namely continue to buy and be patient and make bitcoin a long term investment.