Will the price gets to $60k this year?

[Oilacris]

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.

There's no other thing that we do have in mind on what would be the most common catalyst for going up in terms of its price or value but rather majority of us is really that waiting for the halving even on next year. Somehow if there would be some good news or positive ones which could trigger out some good impressions towards the market then we might be having the chance but of course its not something guaranteed. We know that $60k isnt really that too far off on which it would really be just that common or really that normal that people would be skeptical because of the random movements that we do have.

Its been a while that we are moving sideways, its been a while which we had been always that rejected on 30k price point on which it is really that hard to tell on when the price would be breaking out that resistance. For this year then it is really hard to predict but while we are approaching towards Halving then we might be seeing some significant movement.It is really just that we cant really be able to make sure whether we would really be having some initial pumps or would really be able to see some one huge major correction before we would take off. It is really that to tell honestly
and this had been the main question of everybody in the first place.

[romero121]

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.

For everyone expecting for the best to take place with halving, it is the time to accumulate as much possible. During halving it is possible to see good growth with bitcoin, earlier there used to be bearish movement in the market. It happens to push the price, there is difference in reaching new high from the bottom and there is difference in reaching high price from a price point which is already a big price. So, opportunities need to be used in a wise manner, and there is fair chance of price reaching $60k considering the way market is moving. There is no fast move, but in a much stabilized manner the rise is happening.

[serjent05]

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.

There's no other thing that we do have in mind on what would be the most common catalyst for going up in terms of its price or value but rather majority of us is really that waiting for the halving even on next year. Somehow if there would be some good news or positive ones which could trigger out some good impressions towards the market then we might be having the chance but of course its not something guaranteed. We know that $60k isnt really that too far off on which it would really be just that common or really that normal that people would be skeptical because of the random movements that we do have.

If Bitcoin market really rallies, $60k can be done in less than a week but at this moment it looks like there is not enough catalyst to hype the market and create FOMO among the traders and bystanders.  I do not know what factor this coming ETF decision will bring, is it a hype or a FUD?  

Its been a while that we are moving sideways, its been a while which we had been always that rejected on 30k price point on which it is really that hard to tell on when the price would be breaking out that resistance. For this year then it is really hard to predict but while we are approaching towards Halving then we might be seeing some significant movement.It is really just that we cant really be able to make sure whether we would really be having some initial pumps or would really be able to see some one huge major correction before we would take off. It is really that to tell honestly
and this had been the main question of everybody in the first place.

Yeah, it's been a long sideway movement for the Bitcoin market.  It feels like someone doesn't want the market to explode because every time there is a sudden uptrend, it is always got sold making the price goes back to where it was before.  I believe once these people finish accumulating, we might possibly find the market moving at a surging pace but of course, we will never know when it will happen.

[Pejoh Asu]

Still about 4 months to go to see the price reach $60k and I don't think it's that hard to reach $60k, of course $60k won't happen in a day or a week from $29k, and if the price skyrockets it will take at least 2 months to reach $60k, the thing that makes us optimistic is that early 2024 there will be a halving day which will usually create a surge in demand.

[Mame89]

Still about 4 months to go to see the price reach $60k and I don't think it's that hard to reach $60k, of course $60k won't happen in a day or a week from $29k, and if the price skyrockets it will take at least 2 months to reach $60k, the thing that makes us optimistic is that early 2024 there will be a halving day which will usually create a surge in demand.

That's right, bro, from the history of Bitcoin on-chain data, maybe it's not 100% repeated on time, I'm a little less sure this year bitcoin can reach a price of $ 60k, I think this year bitcoin will only reach $ 40k. But from the history of Halving we can see the future of bitcoin, so we all, as you said, must be optimistic for a better 2024. Now is a good time to continue collecting bitcoins four months before the halving, holding them and selling them when they hit a new ATH.

[$crypto$]

Still about 4 months to go to see the price reach $60k and I don't think it's that hard to reach $60k, of course $60k won't happen in a day or a week from $29k, and if the price skyrockets it will take at least 2 months to reach $60k, the thing that makes us optimistic is that early 2024 there will be a halving day which will usually create a surge in demand.

That's right, bro, from the history of Bitcoin on-chain data, maybe it's not 100% repeated on time, I'm a little less sure this year bitcoin can reach a price of $ 60k, I think this year bitcoin will only reach $ 40k. But from the history of Halving we can see the future of bitcoin, so we all, as you said, must be optimistic for a better 2024. Now is a good time to continue collecting bitcoins four months before the halving, holding them and selling them when they hit a new ATH.

This year is just better for accumulation I don't believe prices are so high unless in 2024 maybe there will be a movement towards recovery well but we never know the exact time unless we continue to hold until the time comes.
I don't care if it's $40k or $60k it will still continue to be held until the price is high, because history in the previous cycle will not be much different at the end of bitcoin can ATH again then just continue to accumulate.

[MFahad]

Still about 4 months to go to see the price reach $60k and I don't think it's that hard to reach $60k, of course $60k won't happen in a day or a week from $29k, and if the price skyrockets it will take at least 2 months to reach $60k, the thing that makes us optimistic is that early 2024 there will be a halving day which will usually create a surge in demand.

One day it will reach to 60k$ but it is not possible in few days but it will requires some months as the price is still 29k$ from several days. Everyone was in hope that it will reach to maximum price but situations become wrong according to their concept.

There is no doubt that price will goes to 60k$ but not as quick as we think but we should have to make good hopes because people achieve that for which they hopes. 2024 will be a good year for all crypto users and those will be successful who are in patience and remaining will be in condition of regression which is useless.

[GigaBit]

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.

Almost every investor has been waiting for the moment of Bitcoin. Bitcoin will definitely be bullish when that time comes. The number of institutional investors is relatively more than ordinary investors, and on the other hand, various positive news of Bitcoin use is coming from different countries, as a result, Bitcoin will be stronger than before, which will definitely surpass the previous ath and a new ath will be created. Bitcoin is likely to hit $45k by the end of this year. Since it is currently priced at around $30k, if the price rises by 50 percent this year, I think the price of Bitcoin is likely to rise to $45,000 and it is not difficult.

[YOSHIE]

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.

Of course, I or maybe others have also seen the speculation and analyzed the continuation of the Bitcoin price for 2023 and right now, there is a lot of variety in what people are saying about the price of Bitcoin, but I have my own opinion and believe for myself that Bitcoin this year will not break $60k, on the contrary, it could be lower than the current price below $29k.

We all know this year has not been good for the crypto market, you can see for yourself, many types of coins are currently being dumped on various exchanges, in this week alone there have been 8 types of coins dumped on my local exchange, as well as the actions taken by Binance and other exchanges.

I speculate that the crypto market will improve in the next year, it shows from the actions taken by many exchanges at this time, I believe anything can happen to Bitcoin, unbeknownst to all of us, as well as the price of Bitcoin $ 60k could have happened without us knowing it could happen, but I'm not sure for this year.

[TimeTeller]

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.

Almost every investor has been waiting for the moment of Bitcoin. Bitcoin will definitely be bullish when that time comes. The number of institutional investors is relatively more than ordinary investors, and on the other hand, various positive news of Bitcoin use is coming from different countries, as a result, Bitcoin will be stronger than before, which will definitely surpass the previous ath and a new ath will be created. Bitcoin is likely to hit $45k by the end of this year. Since it is currently priced at around $30k, if the price rises by 50 percent this year, I think the price of Bitcoin is likely to rise to $45,000 and it is not difficult.

The problem here is that a lot are waiting for that moment but they are not preparing for what's to come.
If they have the feeling that btc will go up or be bullish, then, what are they doing now to take advantage of the opportunity?
The status of this market is getting stronger as more and more companies are trying to get a hold of these coins.
Even if we can't reach the ATH this year, the likelihood of seeing the market price to go up is always there as adoption is increasing.
Worry if no one is joining or talking about the crypto market. But so far, more countries, more companies and more people are getting interested.

[stomachgrowls]

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.

Almost every investor has been waiting for the moment of Bitcoin. Bitcoin will definitely be bullish when that time comes. The number of institutional investors is relatively more than ordinary investors, and on the other hand, various positive news of Bitcoin use is coming from different countries, as a result, Bitcoin will be stronger than before, which will definitely surpass the previous ath and a new ath will be created. Bitcoin is likely to hit $45k by the end of this year. Since it is currently priced at around $30k, if the price rises by 50 percent this year, I think the price of Bitcoin is likely to rise to $45,000 and it is not difficult.

The problem here is that a lot are waiting for that moment but they are not preparing for what's to come.
If they have the feeling that btc will go up or be bullish, then, what are they doing now to take advantage of the opportunity?
The status of this market is getting stronger as more and more companies are trying to get a hold of these coins.
Even if we can't reach the ATH this year, the likelihood of seeing the market price to go up is always there as adoption is increasing.
Worry if no one is joining or talking about the crypto market. But so far, more countries, more companies and more people are getting interested.

What matter most is adoption and recognition!

These are the things that we do really need because once we do have this then expect that value would increase too which it would really be that a normal phase or situation to happen. For now, we are really just that moving sideways for too long on which it cant really be denied that there would be those people who would be having that positive towards price on this year end but honestly speaking we shouldn't really be that expecting too much because we cant really be able to tell if there would be some sudden dump that would happen.

Taking up some opportunity whether you do buy or sell would be depending on your goals or targets since not all would be sharing up with the same perception towards their possible actions then
Whether you would be entering and buying on cheaper price for accumulation or DCA or would really be cutting loses. Selling points would vary because most of us would really be
that targeting with that upcoming bull run on next year or Q1 of 2025 which it is really that likely that BR would kick in into that particular point.

[btc_angela]

^ It's really hard to see it, but maybe you are right, Adoption might correlate to price? However, as I have said could be difficult to see it because for the reason that we have a cycle hear, and currently we might be in the bear market and that's why the price is too low but it could be mean that adoption is low.

On the contrary, if the price goes up price pushes above $60k, or in the next bull run, we might see the price like $100k or at least a new all time high. We might say that adoption is growing. But what happens when we go back to bear market again? could we lose that adoption?

[sana54210]

Still about 4 months to go to see the price reach $60k and I don't think it's that hard to reach $60k, of course $60k won't happen in a day or a week from $29k, and if the price skyrockets it will take at least 2 months to reach $60k, the thing that makes us optimistic is that early 2024 there will be a halving day which will usually create a surge in demand.

I agree that the possibility is there and there is a chance that it could happen but the same possibility of it not happening exists as well. Possibility doesn't mean probability, and the possibility that 60k could happen doesn't mean that it has a high probability of it happening at all.

I believe that we are not going to see it this year, definitely has a great chance of happening during 2024, but not this year but that is just probability calculation made by me, and I am not some expert on this subject and could be wrong. If you think it will, then it's time to buy and hold it and I think it's going to be ok for you, even if you are wrong and it doesn't happen this year, you could hold a bit more and happens a year later.

[superman184]

Still about 4 months to go to see the price reach $60k and I don't think it's that hard to reach $60k, of course $60k won't happen in a day or a week from $29k, and if the price skyrockets it will take at least 2 months to reach $60k, the thing that makes us optimistic is that early 2024 there will be a halving day which will usually create a surge in demand.

Four months is not that long mate, and I am actually much more optimistic for a price increase next year than a big increase this year because the Bitcoin price is still undergoing a correction in the market so that in time it may take longer for Bitcoin to is at $60K although everyone is still very optimistic about next year's halving day.

That's right, bro, from the history of Bitcoin on-chain data, maybe it's not 100% repeated on time, I'm a little less sure this year bitcoin can reach a price of $ 60k, I think this year bitcoin will only reach $ 40k. But from the history of Halving we can see the future of bitcoin, so we all, as you said, must be optimistic for a better 2024. Now is a good time to continue collecting bitcoins four months before the halving, holding them and selling them when they hit a new ATH.

It is still quite logical to expect $40K this year instead of $60K because in addition to the correction that is still happening in the market, the level of difficulty in increasing prices is still visible in Bitcoin so it would not be so realistic to expect much more this year, although it would not be wrong for anyone who wants to hope that much on Bitcoin.

[Oilacris]

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.

There's no other thing that we do have in mind on what would be the most common catalyst for going up in terms of its price or value but rather majority of us is really that waiting for the halving even on next year. Somehow if there would be some good news or positive ones which could trigger out some good impressions towards the market then we might be having the chance but of course its not something guaranteed. We know that $60k isnt really that too far off on which it would really be just that common or really that normal that people would be skeptical because of the random movements that we do have.

If Bitcoin market really rallies, $60k can be done in less than a week but at this moment it looks like there is not enough catalyst to hype the market and create FOMO among the traders and bystanders.  I do not know what factor this coming ETF decision will bring, is it a hype or a FUD?  

Its been a while that we are moving sideways, its been a while which we had been always that rejected on 30k price point on which it is really that hard to tell on when the price would be breaking out that resistance. For this year then it is really hard to predict but while we are approaching towards Halving then we might be seeing some significant movement.It is really just that we cant really be able to make sure whether we would really be having some initial pumps or would really be able to see some one huge major correction before we would take off. It is really that to tell honestly
and this had been the main question of everybody in the first place.

Yeah, it's been a long sideway movement for the Bitcoin market.  It feels like someone doesn't want the market to explode because every time there is a sudden uptrend, it is always got sold making the price goes back to where it was before.  I believe once these people finish accumulating, we might possibly find the market moving at a surging pace but of course, we will never know when it will happen.

And now here we are on which the price did make out some significant movement into its price which is really that going  down due to that massive sell-off by Elon/SpaceX which it did really driven

down the price going back to 25k but we are seeing some slight increase on price but there's still tendency that we might be seeing 23k if negative things would be adding up on the pile.
Yes, it does really need out that kind of catalyst for us to reach out that 60k for this year which it seems that it cant really be happening but who knows?  We are still 4 months away before this year
ends which we know that it would really be that still a sufficient time for us to make out such progress. We know on how this market behaves and what are the possibilities about those sudden
u-turns when it comes to price or value.

The key on here is that you should really know on when to get in and when to get out but if you are holding  for long term then these type of condition or situation wont really be a bothersome
since you could really just simply sit still and have the chance on accumulate cheap then you could eventually do it as long you do have the funds been allocate for such situation.

[RewFrew]

Now Bitcoin price dumping again. Now it’s price is $26k and it still decreasing. I think Bitcoin's price will come $23k again. I also think within short time Bitcoin price will increase and it will go more up. But for $60k we have to wait more time. My observation is Bitcoin price will go $60k end of the 2024. There has no possibility to touch $60k within in this year.

But we know that cryptocurrency market is always unpredictable. Anything can be happen anytime. If Bitcoin price will go $60k within this year i will mot be astonished.  But general strategy telling Bitcoin price for $60k we have to wait minimum one year.

[SamReomo]

My observation is Bitcoin price will go $60k end of the 2024. There has no possibility to touch $60k within in this year.

But we know that cryptocurrency market is always unpredictable. Anything can be happen anytime. If Bitcoin price will go $60k within this year i will mot be astonished.  But general strategy telling Bitcoin price for $60k we have to wait minimum one year.

Your observation is totally wrong because during the halving event Bitcoin will continue to pump like a monster and no one will be able to stop it from getting a new all time high in year 2024. I believe that the current market situation is temporary to create fear in the hearts of the investors who are weak hearted because those will sell out their Bitcoin in fear and the whales will continue accumulating those coins in current times. Most of the dips that we see every quarter are pre-planned ones and they are mostly executed to reduce the confidence of weak hearted people about Bitcoin.

I know that there is little to no chance for Bitcoin to reach $60k this year, but your observation regarding that price mark at the end of 2024 is also totally a misguided one. I would recommend you to learn about crypto-market and Bitcoin's market in detail before presenting such observations. Nothing can stop Bitcoin from reaching its all time high in 2024 and in 2025 it may be not be traded below $100k during the bull run. I can surely say that Bitcoin has the potential to reach $50k by the end of 2023, but still I won't claim anything as of now.

[Agbe]

I don't know why people use to say that bitcoin can reduce inflation. Let me use my country as an example. When the government redesign the currency,the new currency was very scarce in the country plus the financial institutions so cost of living was very high, inflation came in without invitation, people were using money to buy money for survival. And bitcoin was about $28k to $30k and coming to the fuel subsidy again, inflation is very high. And bitcoin was $29k to $30 and all what I can tell is that bitcoin is not to reduce inflation but to sustain you in the inflation period which you might not have the feeling of the inflation. But if the countries governments policies favour bitcoin, the adoption will be high and bitcoin price will be soar. And that is the price of bitcoin will surpass inflation.

[Bitcoin_people]

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 don't think there will be any bulls this year but the Bitcoin market is likely to move into a good position. Although we have seen that the Bitcoin market was supposed to rise from last week but it has come down again. We can say a big bear like $4k dollars the market has gone down really bad. But now I'm not sure if the market will turn bullish or bearish again, as right now the market is around $26000 so we can expect this year, the price of Bitcoin will be around $45000 dollars by the end of the year. However, we may not see much growth this year as growth will begin in 2024 when the Bitcoin market halves. Going into 2024, Bitcoin will peak and we will again see a strong bull market, when the Bitcoin market is likely to cross $100,000.

[Sebas.tian]

Based on the current price of Bitcoin in the market, I don't think the price will reach $60,000 this year, because the bearish season is like it will take a long years before it will disappear for bullish season to take over to help long holders to achieve something good from their investment. Well, anything can still happen before the end of this year that will make the price of Bitcoin to increase higher in the market but it will not reach above $40,000, because it remain few months before the end of this year which it will be difficult for massive pump to happen in this season. I believe, the price of Bitcoin will definitely hit above $60,000 next year because that is the desire of many holders before they can sell to make a passive income.