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Author Topic: Will the price gets to $60k this year?  (Read 956 times)
taufik123
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August 23, 2023, 08:54:49 AM
 #161

-snip-
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.
A sure indicator is that we have to see how the Before halving and After halving impact of Bitcoin next year.
That will be a sign that Bitcoin is ready to reach ATH again.

Currently, the condition of Bitcoin is still bearish and August-September is a bearish month as in previous history.

We just need to wait for Bitcoin to experience a massive Reversal.
Those who are able to survive at this time, will certainly get the benefits.

ATH $60k will be passed if the positive trend of Bitcoin continues to occur, this will print ATH $100k and that is everyone's target price at this time.
Davian144
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August 23, 2023, 09:35:01 AM
 #162

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.
If you say there is no possibility for Bitcoin to touch $60K this year, then the possibility of falling to $23K is also uncertain because what is seen now is still at $26K and could even return to $30K with a slight increase in market as never before. So all these predictions are still not certain to happen even though everyone is still speculating at the current price.

Quote
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.
For the matter of time as well, we all will not know how long and how much time it will take for Bitcoin to be able to return to $ 60K, even though there is no possibility of such a high price being reached in a short time if there are still difficulties that could hinder Bitcoin to grow better. So just carry out your goals through Bitcoin because those who still believe in price increases will definitely continue to keep Bitcoin for the long term, while those who no longer believe in Bitcoin will definitely continue to feel panicked if they haven't made a sale yet.
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August 25, 2023, 10:22:18 PM
 #163

Bitcoin price is falling now and if we should expect the price of bitcoin going up I believe that the price will go up something of next year, so I believe that bitcoin price will reach 60k but it will not be this year and if I should predict the price of bitcoin  to reach 60k I will not agree that it will be this year again because the price of bitcoin is rising and falling and we should not expect it to clamp to 60k because no new information of bitcoin, if bitcoin will reach that particular price  I'm expecting it be next year not this year or it will be upper year 2025

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August 25, 2023, 11:44:09 PM
 #164

We shouldn't expect the price to reach specific point for the year, and our work should be to understand the market and keep ourselves prepared to face the worst. When we follow such strategy we'll be able to profit even if the price didn't bump high in value. Around $26k the price is creating resistance which could lead towards decline or the same could push the market. We should learn to move along with the market than fixing targets.

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TelolettOm
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August 25, 2023, 11:56:36 PM
 #165

If you say there is no possibility for Bitcoin to touch $60K this year, then the possibility of falling to $23K is also uncertain because what is seen now is still at $26K and could even return to $30K with a slight increase in market as never before. So all these predictions are still not certain to happen even though everyone is still speculating at the current price.
We can speculate anything, but we don't know what will happen exactly. Sure, we can't say the price of Bitcoin is impossible to reach $60k. But we can't deny that it is possible to drop to $23k again. Although it seems difficult for Bitcoin to increase now, the price can increase quickly if there is a big hype towards the Bitcoin halving in the early of next year. Some people predict that it will happen in Q2 of 2024.

If the price of BTC can return to above $30k at the end of Q3 of this year, I am sure it is possible to reach $60k in Q4 of 2023 or Q1 of 2024. However, it is just my humble prediction. Surely it has no accuracy at all.   Wink


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August 25, 2023, 11:57:47 PM
 #166

We shouldn't expect the price to reach specific point for the year, and our work should be to understand the market and keep ourselves prepared to face the worst. When we follow such strategy we'll be able to profit even if the price didn't bump high in value. Around $26k the price is creating resistance which could lead towards decline or the same could push the market. We should learn to move along with the market than fixing targets.
Better not make yourself that too optimistic when it comes to price on hitting up a particular digit since we do know that this market is truly that unpredictable and there's no way on what price it would

really be ending up on this year. We are currently seeing that it is really that hovering or playing around 25k-30k which the price do always been that rejected and bounced down on the time that it would
be hitting 30k which we could really be able to say that 30k would be the tough resistance. Somewhat, we do know that Bitcoin doesnt really fail on surprising us on which reaching out numbers on least we do expect or anyone hadnt really be expected for it to hit on. For this year then i would say 30k-40k would really be that realistic and if ever we would be going past with those digits
then expect that we might be seeing 60k but seeing this before halving event is unlikely.

This is why its always been ideal that you should really be that easily be able to accept on whatever the price that it would hit for this year. Dont expect something positive
because the market could move out on very random manner or behavior.

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