Will the price gets to $60k this year?

[Fredomago]

In my opinion, It seems that the price of bitcoin is difficult to reach $60k this year. Especially in the midst of the economic crisis that is still sweeping the world, the potential for a $60k bitcoin price increase is difficult to occur this year. However, if the market continues to show positive performance throughout the year, then at least the price of bitcoin will only be above $45k.

The market growth isn't bad actually but it only grow slowly which we could see it was not enough to reach that high within this year. Of course, we've been positive about reaching $60k again and for new ATH but that will come possible after halving which is next year. That is why it was too hard to expect that rallies will commence this year if the current momentum won't change. Honestly, we need some market hype and more positive news in order to get more buying demand. While looking back at the previous years, the price surged after halving, and that is what I expect also this coming halving event.

I think it's better that this progress doesn't happen all at once. The market is preparing a ground for itself and is moving in this direction. This is more solid progress. I don't think Bitcoin will reach its $60k target this year. But I want it to increase gradually when the necessary ground is prepared. I prefer a slower and continuous increase over an artificial increase.

Yeah better to see an increase from time to time and not just a quick pump and make you wonder whether it will bounce down right away or what might be the next direction of the market, I see your point that we might expect progress gradually it's good to see more people to support this market and let them hold and make some good positive impact.

Always have a good analysis before investing. It is really nice to see good positive bounce up and for sure those who are aiming for
quick profits are also trying to short the market and make some decent benefits.

[cafee_orange]

I think bitcoin will again reach a higher price and will pass the previous high, but it is possible that with an unpredictable situation like now the price of bitcoin will continue to decline. but I am personally optimistic that the bitcoin price will again reach a high price this year.

[nurilham]

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.

It is not impossible for Bitcoin to reach $60k this year, but I assume it is a very small chance. The current price of Bitcoin is still below $30k (half of $60k). It is too quickly double the price only in a year, we are already in Q2 of this year. I guess the maximum price of Bitcoin to reach this year is around $40k-$50k, it seems very possible if there is good news from the countries that have an important role such as El Salvador, USA, Africa, China, Russia, or New Zealand. Anyway, the Bitcoin price move won't instantly be nearing the ATH, it grows gradually (takes time).

[Rasa nanas]

I think bitcoin will again reach a higher price and will pass the previous high, but it is possible that with an unpredictable situation like now the price of bitcoin will continue to decline. but I am personally optimistic that the bitcoin price will again reach a high price this year.

so what makes you sure that this year bitcoin will again reach a high price? while until now the price of bitcoin is still stuck below $ 30k. This is a very strong line of resistance because bitcoin has been stuck below $30k for a long time and has not been able to break through it. Counted only a few times bitcoin penetrated $ 30k but could not stay above $ 30k. if bitcoin wants to reach a higher point bitcoin must be able to cross this resistance line.

[Minecache]

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.

It is not impossible for Bitcoin to reach $60k this year, but I assume it is a very small chance. The current price of Bitcoin is still below $30k (half of $60k). It is too quickly double the price only in a year, we are already in Q2 of this year. I guess the maximum price of Bitcoin to reach this year is around $40k-$50k, it seems very possible if there is good news from the countries that have an important role such as El Salvador, USA, Africa, China, Russia, or New Zealand. Anyway, the Bitcoin price move won't instantly be nearing the ATH, it grows gradually (takes time).

What are those good news? Don't we have a lot of negative news around the US government and markets? They are trying to squeeze and control us, I don't see any good news from them.

Anything is possible, but getting bitcoin to hit $60k this year is a tough task. Considering the situation in the market, we are still far from halving, which is the biggest factor driving the bull market. Second: it can be seen that the world economic situation is very bad, the entire financial market is affected, so it is impossible to expect bitcoin to go against the whole world. Overall, there isn't any positive point to expecting bitcoin to explode this year, unless market makers manipulate and make things easier.

[btc78]

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.

do it looks like there is something this happening in any time soon? lol 60k in 2023 is not that we can look at.

I have been watching the graph early this year and with the constant changing
of price

    - You can check the weekly market and this is what can tell




           - I hate to disappoint you mate but surely it will never get 60k

but I am personally optimistic that the bitcoin price will again reach a high price this year.

How much is that High price that you are considering mate? because if that is Another ATH then sorry to tell but you might be wrong.

[Bitcoin2009]

I think the price of $ 60k will be easily achieved if market conditions continue to improve as they are today, now everyone has forgotten about LUNA and FTX so that the market can move positively, this is what makes me optimistic that the price of $ 60k is not difficult to achieve in the current year.

[DanWalker]

do it looks like there is something this happening in any time soon? lol 60k in 2023 is not that we can look at.

I have been watching the graph early this year and with the constant changing
of price

 - You can check the weekly market and this is what can tell

- I hate to disappoint you mate but surely it will never get 60k

I also don't think bitcoin can hit $60k this year, but I don't dare say the same as you. The chances of that happening are still there but pretty low. If you look back at the 2019 chart, after bitcoin bottomed in 2018, there was a moment in 2019 when bitcoin rallied to $12k before falling to $5k in 2020. If history repeats itself, there is still a chance that bitcoin will have a strong recovery this year and reach $60k is possible. I think a lot of people have reanalyzed the cycle before, that's why they came up with this idea.

[Fredomago]

I think bitcoin will again reach a higher price and will pass the previous high, but it is possible that with an unpredictable situation like now the price of bitcoin will continue to decline. but I am personally optimistic that the bitcoin price will again reach a high price this year.

so what makes you sure that this year bitcoin will again reach a high price? while until now the price of bitcoin is still stuck below $ 30k. This is a very strong line of resistance because bitcoin has been stuck below $30k for a long time and has not been able to break through it. Counted only a few times bitcoin penetrated $ 30k but could not stay above $ 30k. if bitcoin wants to reach a higher point bitcoin must be able to cross this resistance line.

No one can say if when that resistance @ $30K will be break and I see your point it's important to see the market to pump strong if that $60K will be reach this year, as far as we see the market still having difficulty breaking $30K and there are times that it keep bouncing down and the fear with new investors are affected as they can quickly sell and lose portions of their investments. Hard to predict, but if you believe so then better to keep buying portion by portion, as if the market pump back then the benefits is decent.

[Little_Sister]

No one can say if when that resistance @ $30K will be break and I see your point it's important to see the market to pump strong if that $60K will be reach this year, as far as we see the market still having difficulty breaking $30K and there are times that it keep bouncing down and the fear with new investors are affected as they can quickly sell and lose portions of their investments. Hard to predict, but if you believe so then better to keep buying portion by portion, as if the market pump back then the benefits is decent.

We can always believe that the BTC price will be higher than $30k at some point in the future, the current market correction is according to the predictions that have been determined on the price chart, because BTC will definitely return to the $25k price circle after a significant increase from the beginning of this year, so buying DCA is very important in the market correction price and we can make some purchases below the current price if the market can decline in the next correction

[MiF]

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.

I think we don't need to hurry about the price to rise up again if the btc will not riae back to 60k$ then we can have the opportunity to buy more token or coins to hold, i believe that bitcoin will surely rise up to 60k$ or above 70k$ to 100k$ but i dont know when or what year it will happen all i can suggest is hold because holder always win.

[uneng]

No one can say if when that resistance @ $30K will be break and I see your point it's important to see the market to pump strong if that $60K will be reach this year, as far as we see the market still having difficulty breaking $30K and there are times that it keep bouncing down and the fear with new investors are affected as they can quickly sell and lose portions of their investments. Hard to predict, but if you believe so then better to keep buying portion by portion, as if the market pump back then the benefits is decent.

Due to the currently difficults, everything indicates Bitcoin isn't going to cross the 60,000$ line this year yet. It's a long way to go with low fuel left. The market has to warm first and that is not the kind of thing which happens instantly. We need positive news like the decreasement of interest rates in US and Europe, BTC halving event and other secondary ongoings which can be highlighted on global news, like the rising of BTC adoption or the approval of friendly regulations towards it in different countries.

[Lanatsa]

No one can say if when that resistance @ $30K will be break and I see your point it's important to see the market to pump strong if that $60K will be reach this year, as far as we see the market still having difficulty breaking $30K and there are times that it keep bouncing down and the fear with new investors are affected as they can quickly sell and lose portions of their investments. Hard to predict, but if you believe so then better to keep buying portion by portion, as if the market pump back then the benefits is decent.

Due to the currently difficults, everything indicates Bitcoin isn't going to cross the 60,000$ line this year yet. It's a long way to go with low fuel left. The market has to warm first and that is not the kind of thing which happens instantly. We need positive news like the decreasement of interest rates in US and Europe, BTC halving event and other secondary ongoings which can be highlighted on global news, like the rising of BTC adoption or the approval of friendly regulations towards it in different countries.

Or simply it does really need up that kind of catalyst or something that would really be pushing up it price and not really just going instantly or shoot up or giving that huge green candle on which i could say that

this upcoming bull run might really be a little different compared into those previous one.Speaking about reaching $60k for this year then we cant really know if we would be able to hit up that high for this year alone.Considering on the current price now which is sitting around almost 30k then its not really that too far off on getting that x2 increase for this year on which we can consider out since we are really
that approaching on bull run. We cant really tell on what would happen on the next 7 months for this year itself.

There are things which could happen in the way which it would be heavily be affecting bitcoins price whether positively or negatively.No one could ever tell.

[pantek talacuik]

I think bitcoin will again reach a higher price and will pass the previous high, but it is possible that with an unpredictable situation like now the price of bitcoin will continue to decline. but I am personally optimistic that the bitcoin price will again reach a high price this year.

so what makes you sure that this year bitcoin will again reach a high price? while until now the price of bitcoin is still stuck below $ 30k. This is a very strong line of resistance because bitcoin has been stuck below $30k for a long time and has not been able to break through it. Counted only a few times bitcoin penetrated $ 30k but could not stay above $ 30k. if bitcoin wants to reach a higher point bitcoin must be able to cross this resistance line.

Maybe it's just someone's belief to take positive from what they achieve. by thinking positively maybe it will make dreams come true this year quickly. but don't get hung up on just one type of currency because you can work on many other virtual currencies.

[Fredomago]

No one can say if when that resistance @ $30K will be break and I see your point it's important to see the market to pump strong if that $60K will be reach this year, as far as we see the market still having difficulty breaking $30K and there are times that it keep bouncing down and the fear with new investors are affected as they can quickly sell and lose portions of their investments. Hard to predict, but if you believe so then better to keep buying portion by portion, as if the market pump back then the benefits is decent.

Due to the currently difficults, everything indicates Bitcoin isn't going to cross the 60,000$ line this year yet. It's a long way to go with low fuel left. The market has to warm first and that is not the kind of thing which happens instantly. We need positive news like the decreasement of interest rates in US and Europe, BTC halving event and other secondary ongoings which can be highlighted on global news, like the rising of BTC adoption or the approval of friendly regulations towards it in different countries.

Yeah, it will hype up and the impact might be possible as there are updates and news that will help the market to gain interest from old and new investors. With that, we may see a good increase but if there's none which is happening right now, we can't tell if whether we will see a good run or it will not happen this year.

You need to assess and analyze whether you will continue to buy and hold until it reached the target price that you set for your selling position.

[nara1892]

I think bitcoin will again reach a higher price and will pass the previous high, but it is possible that with an unpredictable situation like now the price of bitcoin will continue to decline. but I am personally optimistic that the bitcoin price will again reach a high price this year.

so what makes you sure that this year bitcoin will again reach a high price? while until now the price of bitcoin is still stuck below $ 30k. This is a very strong line of resistance because bitcoin has been stuck below $30k for a long time and has not been able to break through it. Counted only a few times bitcoin penetrated $ 30k but could not stay above $ 30k. if bitcoin wants to reach a higher point bitcoin must be able to cross this resistance line.

We are still in Q1 now and of course such hope still exists with unpredictable conditions for the future. but indeed something like this will be a possibility that happens because regardless of anything up and down it is still very possible now.
But apart from anything, of course, the important point is when the price then reaches $ 60k again, then that is clearly very good, but on the other hand, when the price is corrected again and falls again and again, then actually it is still very good for those of us who are DCA and waiting at the bottom to take advantage of the momentum with the possibility of higher returns.

[Ricardo11]

Bitcoin price may not reach 60k this year. Because the Bitcoin bull market will probably maycome maybe next year i.e. between 2024 and 2025. But this year bitcoin price may reach 45k to 50k.

[flyingcarpet]

2023 started with a rise, but it may not mean that it will continue. It would be better to proceed step by step. Now the goal is to stay above 30 thousand. No one can say anything about what will happen towards the end of the year.

It has been almost 4 months since this post. I still think the same way because there is no development that would require the Bitcoin price to rise, except for halving. Of course we all want the price to go up, but we have to be realistic. I think that the target of 60 thousand for the end of the year is very high and difficult to reach.

There may be a bull run before or after the halving, we need to be prepared for it, but there is no guarantee that it will happen by the end of the year, so we should not rush.

Bitcoin is progressing step by step and will reach its goal with solid steps. The bull run will come and what we have to do is increase the number of Bitcoins we have. That's all we need to focus on right now.

[salad daging]

It has been almost 4 months since this post. I still think the same way because there is no development that would require the Bitcoin price to rise, except for halving. Of course we all want the price to go up, but we have to be realistic. I think that the target of 60 thousand for the end of the year is very high and difficult to reach.

Means it's been more than 4 months bitcoin continues to be in the area of $29k - $30K is this perhaps a long sideways pattern?
Bitcoin is still very difficult to break through resisteni, but towards the end of the year his real $60K it is still no time. We never know.

There may be a bull run before or after the halving, we need to be prepared for it, but there is no guarantee that it will happen by the end of the year, so we should not rush.

I think after the halving, we are only optimistic that even this year no bullrun is not a problem for us at all.

Bitcoin is progressing step by step and will reach its goal with solid steps. The bull run will come and what we have to do is increase the number of Bitcoins we have. That's all we need to focus on right now.

A solid move is possible after the halving, but about the collection of bitcoin should never be neglected we are still in a difficult market situation, then just take advantage of it.

[WatChe]

It has been almost 4 months since this post. I still think the same way because there is no development that would require the Bitcoin price to rise, except for halving. Of course we all want the price to go up, but we have to be realistic. I think that the target of 60 thousand for the end of the year is very high and difficult to reach.

There may be a bull run before or after the halving, we need to be prepared for it, but there is no guarantee that it will happen by the end of the year, so we should not rush.

Bitcoin is progressing step by step and will reach its goal with solid steps. The bull run will come and what we have to do is increase the number of Bitcoins we have. That's all we need to focus on right now.

The only hope right is halving but we have to keep in mind that it takes time after having before we start seeing a bull runs. Right now it's good time to buy bitcoin for upcoming bull run. What we learn from historical price chart is that there is always a massive bull run after every halving. If you have faith in bitcoin then better start accumulating bitcoin now.