Is there still hope for the price of BTC to hit back $69k this year?

[cryptomaniac_xxx]

Not this year of course as we are not even expecting it either but can be possible next year.
The market doesn't look bad actually so we have to lose hope of seeing another ATH. Although the market is struggling hard to keep the uptrend momentum, yet it is not enough to think badly about it. In fact, we've come to this situation many times but it rises back which means that we still have the chance to see the price of BTC at $70k. We just need to be patient and yes, we have to believe the 4-year cycle in crypto.

Don't you know that within some months or some weeks it can happen for the price of BTC to move back to $69k or above that price because, anything can still happen within few months that remaining before the end of the year for people to feel there is a hope. Why must you think badly for $25k because, there are many people using this opportunity to continue buying some coins to have something big to earn when the bull appear at any time because there are still some people that will miss it when the steady bull begin in the market. I know that next 3 or 4 years will going to be a good pump for those that no how to hold long because, the price will surely reach $80k or $120k in 2025 for those that endure during the bear to smile.

Of course there is the possibility that within some months or some weeks or at least at the end of the year as you have asked, we might see $69k. But perhaps we are just trying to be realistic to say that it's not possible in 2023, as we are still in the bear market.

But if we talk about 2024-2025, yeah there is a big possibility, early next year we will have our halving. And then after that there might be a growth in 2024 and that's where the possibility that it can reach $69k and most likely if we do that, a new all time high is in the horizon for us at 2025.

[ajiz138]

Of course there is the possibility that within some months or some weeks or at least at the end of the year as you have asked, we might see $69k. But perhaps we are just trying to be realistic to say that it's not possible in 2023, as we are still in the bear market.

But if we talk about 2024-2025, yeah there is a big possibility, early next year we will have our halving. And then after that there might be a growth in 2024 and that's where the possibility that it can reach $69k and most likely if we do that, a new all time high is in the horizon for us at 2025.

Don't say a few weeks because it's not realistic for me for bitcoin to get back to $69K being in a bear market long enough we have to be able to survive and continue to accumulate it in the event of a halving, bitcoin will not be immediately high but there is a fairly slow recovery process but in the end it will rally.
The current year is more appropriate to accumulate than to think about the price at the end of the current year because my prediction is $40K of course it is a wild guess. 

By the end of 2024 and the beginning of 2025 we want to see that time and how much bitcoin we have by then after a long time of accumulation, even that will be a significant growth according to some media sources, but once we just hope full while the current expectations are not so meaningful, just need to WAIT.

[Oasisman]

But the price started decreasing from $30k to $26k to create a great fear into the mind of those that is hoping for the price to increase above $30k before they can start thinking of how to visit the market to supply to make a good profits. With this slow move of the price of BTC in this season, I don't think the price will hit back to $69k before the end of this year because the green light is not stable like the way it was stable last two years to reach $69k for both long term investors and short term investors to experience huge amount of money from their investment. Do you believe that there is still hope for investors to experience $69k this year? Because we just have 3 months and some weeks before the end of this year. What is you hope for this current price?

Unfortunately, but only those weakhands and those who can't afford to lose what they have invested are in great fear during bitcoin dropped massively.
Personally, I don't think we're breaking near that figure by the end of this year, I just don't see enough reasons to initiate a bullrun other than the next bitcoin halving in 2024. So, it's either bitcoin will start pumping pre halving early next year or most probably going to have another ATH post halving, just like every other bullrun from the past halvings.

[Fivestar4everMVP]

Well, there was never a time I was expecting the price of Bitcoin reach its previous all time high before this year ends or during the end of the year.

Though; i am personally expecting a pre bull run to start by November this year, but this is still my prediction and expectation, it's nothing to really hope or depend on, if a pre bull run should start by November as I am predicting and hoping, then I expect the $69k mark to reached by January ending or begining of February next year .

Though like I've said previously, this is all my prediction and expectations, it's not a financial advice to anyone, anyone who decides to use this as a financial advice does so at his or her own peril(risk)

[jasonjm]

Looking at the recent market trends, one thing is evident, bitcoin is not going to $69k at the end of 2023. The price might fall further from the current level toward $20k or below. This year, we might see the continuation of the bear pattern. The price will increase in 2024 after BTC halving, and we might see a new ATH.

[South Park]

But the price started decreasing from $30k to $26k to create a great fear into the mind of those that is hoping for the price to increase above $30k before they can start thinking of how to visit the market to supply to make a good profits. With this slow move of the price of BTC in this season, I don't think the price will hit back to $69k before the end of this year because the green light is not stable like the way it was stable last two years to reach $69k for both long term investors and short term investors to experience huge amount of money from their investment. Do you believe that there is still hope for investors to experience $69k this year? Because we just have 3 months and some weeks before the end of this year. What is you hope for this current price?

Unfortunately, but only those weakhands and those who can't afford to lose what they have invested are in great fear during bitcoin dropped massively.
Personally, I don't think we're breaking near that figure by the end of this year, I just don't see enough reasons to initiate a bullrun other than the next bitcoin halving in 2024. So, it's either bitcoin will start pumping pre halving early next year or most probably going to have another ATH post halving, just like every other bullrun from the past halvings.

Weak hands should really rethink their strategy, what is the point of investing in the best asset they could find if they are going to lack the mental fortitude to hold it to the end? In that case they might as well just keep their fiat and save themselves the trouble of losing their money just because the volatility of bitcoin scares them, otherwise they will lose their money and they will have nothing to show for it.

[Quidat]

But the price started decreasing from $30k to $26k to create a great fear into the mind of those that is hoping for the price to increase above $30k before they can start thinking of how to visit the market to supply to make a good profits. With this slow move of the price of BTC in this season, I don't think the price will hit back to $69k before the end of this year because the green light is not stable like the way it was stable last two years to reach $69k for both long term investors and short term investors to experience huge amount of money from their investment. Do you believe that there is still hope for investors to experience $69k this year? Because we just have 3 months and some weeks before the end of this year. What is you hope for this current price?

Unfortunately, but only those weakhands and those who can't afford to lose what they have invested are in great fear during bitcoin dropped massively.
Personally, I don't think we're breaking near that figure by the end of this year, I just don't see enough reasons to initiate a bullrun other than the next bitcoin halving in 2024. So, it's either bitcoin will start pumping pre halving early next year or most probably going to have another ATH post halving, just like every other bullrun from the past halvings.

Weak hands should really rethink their strategy, what is the point of investing in the best asset they could find if they are going to lack the mental fortitude to hold it to the end? In that case they might as well just keep their fiat and save themselves the trouble of losing their money just because the volatility of bitcoin scares them, otherwise they will lose their money and they will have nothing to show for it.

If there would be no weak hands then there's no chance for us to be able to accumulate or buy those cheap coins and thats why it would really be always that a part that there would really be weak hands on this market or into those people who do really love to take profit once they do hit up their target selling price which its really just a normal phase here on this crypto space.It is really just that people would really be wise on taking up positioning on this very unpredictable market and this is why errors and mistakes is really that very common just because this market is always bee that volatile.
Hitting 69k for this year? I dont think so but i would believe that there would really be some gradual increase phase when it comes to price and this something that should really might happen
but who knows whether it would happen on this year on Q1 of 2024 on which it is really that already nearly halving of Bitcoin and this is where it usually those emotions would kick in and
tons of speculations would really be circling around.

[TravelMug]

But the price started decreasing from $30k to $26k to create a great fear into the mind of those that is hoping for the price to increase above $30k before they can start thinking of how to visit the market to supply to make a good profits. With this slow move of the price of BTC in this season, I don't think the price will hit back to $69k before the end of this year because the green light is not stable like the way it was stable last two years to reach $69k for both long term investors and short term investors to experience huge amount of money from their investment. Do you believe that there is still hope for investors to experience $69k this year? Because we just have 3 months and some weeks before the end of this year. What is you hope for this current price?

Unfortunately, but only those weakhands and those who can't afford to lose what they have invested are in great fear during bitcoin dropped massively.
Personally, I don't think we're breaking near that figure by the end of this year, I just don't see enough reasons to initiate a bullrun other than the next bitcoin halving in 2024. So, it's either bitcoin will start pumping pre halving early next year or most probably going to have another ATH post halving, just like every other bullrun from the past halvings.

Weak hands should really rethink their strategy, what is the point of investing in the best asset they could find if they are going to lack the mental fortitude to hold it to the end? In that case they might as well just keep their fiat and save themselves the trouble of losing their money just because the volatility of bitcoin scares them, otherwise they will lose their money and they will have nothing to show for it.

I think they will, and that's why they call weak hands, but nevertheless, they can learn from their experience and be strong hands in the future. So it's ok to be a weak in the beginning. And I think they will not be weak hands for long, as least in my case those early years really teach me a lessons on how to become a holder and have the mental fortitude to stay strong specialy in the pandemic. I mean you ahve nothing to do but inside the house and rethink your strategy and that's what I did.

[TheSpiral]

we should not discouraged ourselves and others due to such decrease because we know that every decrease and increase is temporary and we should take every condition positive.

We cannot say something about future because sometimes crypto perform against our wishes so be ready for every situation. The price of 69k$ is possible to happen because bitcoin already have shown such a high price in past so hopefully it will attain this worth or may be more than this.

Price is now gradually increases which suggests that good news will come in the end of this year. The remaining months cannot be predicted easily but increase will definitely occurs and bitcoin again will attain the elevated value.

[Mr.suevie]

Looking at the recent market trends, one thing is evident, bitcoin is not going to $69k at the end of 2023. The price might fall further from the current level toward $20k or below. This year, we might see the continuation of the bear pattern. The price will increase in 2024 after BTC halving, and we might see a new ATH.

The recent price and movement of  Bitcoin had made it very clear for those were expecting something special and big to occur after the price reaches 31k this year to remain quite about btc big expectations they have about Bitcoin. The price falling back to 25k is a typical example that Bitcoin transaction is really really hard to predict and that there is actually no expert to it as everyone is just merely speculating and nothing more.

[reagansimms]

Investors certainly want prices higher than $69k at the end of the year, but Bitcoin's slightly slow price movement makes me start to be pessimistic that Bitcoin can reach that figure by the end of the year. I don't really expect a high price in Bitcoin at the end of this year after Bitcoin's movement slows down, maybe Bitcoin will end 2023 at a price of around $35k to $40k.
now I think about how to collect as much Bitcoin as I can, Bitcoin will not forever be at $26.5k as it is trading today. There will be bigger price movements in 2024, which is the right time to reap the rewards of patiently holding Bitcoin.

[Tony116]

Investors certainly want prices higher than $69k at the end of the year, but Bitcoin's slightly slow price movement makes me start to be pessimistic that Bitcoin can reach that figure by the end of the year. I don't really expect a high price in Bitcoin at the end of this year after Bitcoin's movement slows down, maybe Bitcoin will end 2023 at a price of around $35k to $40k.
now I think about how to collect as much Bitcoin as I can, Bitcoin will not forever be at $26.5k as it is trading today. There will be bigger price movements in 2024, which is the right time to reap the rewards of patiently holding Bitcoin.

I don't even think bitcoin can't reach $30k before the end of the year, I have a feeling someone doesn't want bitcoin price to move, they want to create pressure for weak hands to sell bitcoin cheaply. But for those who are long-term investors and not too concerned about short-term developments, this is clearly a great opportunity to accumulate more bitcoin at a steep discount.
I never expected bitcoin to reach 69k$ soon, on the contrary if it drops more, I will be happier because I have more time to collect bitcoins.

[bitterguy28]

I was waiting for the price of BTC to reach $40k in this month of August, before I will believe that $69k is possible before the end of this year 2023 which is the wish of many investors in the community. But the price started decreasing from $30k to $26k to create a great fear into the mind of those that is hoping for the price to increase above $30k before they can start thinking of how to visit the market to supply to make a good profits. With this slow move of the price of BTC in this season, I don't think the price will hit back to $69k before the end of this year because the green light is not stable like the way it was stable last two years to reach $69k for both long term investors and short term investors to experience huge amount of money from their investment. Do you believe that there is still hope for investors to experience $69k this year? Because we just have 3 months and some weeks before the end of this year. What is you hope for this current price?

there is a thread related to this that has been up recently , and there it is

https://bitcointalk.org/index.php?topic=5466963.0

I think they can collaborate with each others? as the posts are almost the same and may be used towards them.

Looking at the recent market trends, one thing is evident, bitcoin is not going to $69k at the end of 2023. The price might fall further from the current level toward $20k or below. This year, we might see the continuation of the bear pattern. The price will increase in 2024 after BTC halving, and we might see a new ATH.

The recent price and movement of  Bitcoin had made it very clear for those were expecting something special and big to occur after the price reaches 31k this year to remain quite about btc big expectations they have about Bitcoin. The price falling back to 25k is a typical example that Bitcoin transaction is really really hard to predict and that there is actually no expert to it as everyone is just merely speculating and nothing more.

but there is something great to come in the next halving that will take place in the next year.
actually we are only in the months to count before the miner halving.

[CageMabok]

The recent price and movement of  Bitcoin had made it very clear for those were expecting something special and big to occur after the price reaches 31k this year to remain quite about btc big expectations they have about Bitcoin. The price falling back to 25k is a typical example that Bitcoin transaction is really really hard to predict and that there is actually no expert to it as everyone is just merely speculating and nothing more.

People who still like to speculate on Bitcoin prices are also based on facts that have happened in Bitcoin, although they can still miss what will happen in the future. Because if there are experts who can really know what the next price will be in Bitcoin, then that person will be rich first because he already knows the key to what the price will be. But this is always difficult for anyone to know so that everyone has the opportunity to profit if there is an improvement in prices in the market.

[fullhdpixel]

I don't even think bitcoin can't reach $30k before the end of the year, I have a feeling someone doesn't want bitcoin price to move, they want to create pressure for weak hands to sell bitcoin cheaply. But for those who are long-term investors and not too concerned about short-term developments, this is clearly a great opportunity to accumulate more bitcoin at a steep discount.
I never expected bitcoin to reach 69k$ soon, on the contrary if it drops more, I will be happier because I have more time to collect bitcoins.

$30k is not a very high target from where the market is right now, however, the strongest resistance for this year has been around that range and the challenge is to go across that line which Bitcoin couldn't do in the past 8 months and the 9th is also about to finish. But it will obviously not be able to reach its previous all-time high this year considering we've only got 3 months left for the year to end and the price is still sitting within the range of $26k-27k.

But, the price should start going up after the year ends as we approach the halving event in April (approximately), since the whole market is expecting the bull run to start after that and investors will surely start buying more as the time starts getting close, and there will only be 3 months after the new year starts.

[Tony116]

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But, the price should start going up after the year ends as we approach the halving event in April (approximately), since the whole market is expecting the bull run to start after that and investors will surely start buying more as the time starts getting close, and there will only be 3 months after the new year starts.

We all know that the halving is the catalyst for the bull market and that bitcoin will reach its ATH, but based on the past, the bull season usually only comes a year after the halving, not immediately. So I don't think we'll start raising prices right from the start of 2024. In my opinion, there will not be any significant price increases between now and the halving, and after the halving, things are not immediately more feasible.

People have also mentioned that the halving is approaching and that it will prevent bitcoin from falling in price and the price will appreciate over time. But as we can see, bitcoin has remained stagnant below $30k for months, and there is still no sign of it going beyond $30k, let alone going higher. I just thought about bitcoin starting to increase in price after the halving ended a few months later.

[WatChe]

$30k is not a very high target from where the market is right now, however, the strongest resistance for this year has been around that range and the challenge is to go across that line which Bitcoin couldn't do in the past 8 months and the 9th is also about to finish. But it will obviously not be able to reach its previous all-time high this year considering we've only got 3 months left for the year to end and the price is still sitting within the range of $26k-27k.

But, the price should start going up after the year ends as we approach the halving event in April (approximately), since the whole market is expecting the bull run to start after that and investors will surely start buying more as the time starts getting close, and there will only be 3 months after the new year starts.

Bitcoin throughout this year wasn't able to go beyond 30k and price remains revolving in 25 to 30k bracket. Since no one wants to miss bigger piece of cake, i.e. the expected bull run after halving that's the prime reason majority is Hodling and there is not much fluctuation in the price of bitcoin. As far as OP question is concerned, there is very little chance of bitcoin breaking its ATH this year. Every eye is now on halving coming up in April this year.

[Honyek]

l don't think that bitcoin will reach the price of 69k before the end of the year, viewing what has happened and what is happening. The price of bitcoin may go between 25k and 35k during the year depending on the demand. Major bitcoin price increment will be late next year and 2025, as the case may be.

[sana54210]

Looking at the recent market trends, one thing is evident, bitcoin is not going to $69k at the end of 2023. The price might fall further from the current level toward $20k or below. This year, we might see the continuation of the bear pattern. The price will increase in 2024 after BTC halving, and we might see a new ATH.

The recent price and movement of  Bitcoin had made it very clear for those were expecting something special and big to occur after the price reaches 31k this year to remain quite about btc big expectations they have about Bitcoin. The price falling back to 25k is a typical example that Bitcoin transaction is really really hard to predict and that there is actually no expert to it as everyone is just merely speculating and nothing more.

but there is something great to come in the next halving that will take place in the next year.
actually we are only in the months to count before the miner halving.

I would say about 7 months or max 8 months left until the halving happens, which is going to be special without a doubt but I think we are going to see a little bit of changes back then as well so we should be ready for anything and shouldn't be really shocked about it.

It is going to be tough, but if we could end up holding it as long as possible then we are going to end up better as well. We should just wait for it to reach a level where it is understandable and wouldn't really cause any trouble for the market, it can't just go up like crazy. I know that we are going to end up with a good result eventually anyway, so there is no need to rush anything and we need to just make sure that we take our time with it.

[alastantiger]

Yes and this is not just mere hope or blind hope. It is hope that is back that solid precedence. Two of the biggest events to herald this is the halving in 2024 and the approval of more bitcoin ETFs.

I am looking at bitcoin hitting $70 at the year's end. Keep holding, do not sell.