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

[Fara Chan]

something can still happen that will make the price to move close to $69k because, the price has hit back to $28k, and the green light is still standing to allow holders to believe that there will be bull market that will make holders to earn well from their investment. Few months to the end of the year, and some holders are waiting for $50k or $60k to show up next month before they can sell to solve their financial problem, which is possible if the green light can maintain this level.   

I will not deny the big increase in Bitcoin because that has happened in the past two years, but this year it doesn't seem like it will be that easy because every increase needs to have a push or effect that can make the price increase even more and that hasn't happened this year so Bitcoin prices still tend to be below $30K until now. And actually I'm also quite sure that next month there will be an increase in prices which might be better than this month, but I don't think that the price of Bitcoin will immediately go to $50k or $60k.

Don't forget that BTC is unpredictable, some time people guess in a particular price and it come to pass but it doesn't guarantee they will always get it right in the next run, but there are some signs in the market this week, that prove that the bull run will soon start any moment from next week.

It would be quite good if your guess is correct because I am also expecting an increase this month and next week as you mean. But in general I still don't think that next week Bitcoin will immediately get a better increase, because in the last few days the volatility of the price increase has not been stable enough so it still makes me not immediately expect more this month, but if that can be true -if it happens I would also be quite happy to welcome it.

[Suzume]

There is a quite possibility to hit $69k in this year. We all know the movement of Bitcoin right now. What happening in the Bitcoin price movement. You cal see the prise of Bitcoin suffering to reach $30k from last four months. The correct price of Bitcoin is $29.5k something. If the price of Bitcoin don't hits $69k. There is a high possibility to reach Bitcoin price high in the next year after Bitcoin halving. We all are aware about Bitcoin halving and we all know what helped after Bitcoin having. The Bitcoin price go up after halving. If in this year the price of Bitcoin don't hit $69k. Then the next year the price of Bitcoin aftar halving surely goes up. The predictioner of Bitcoin the predict the prices of Bitcoin will go up to $100k after halving. We all know what helped in halving so let's see what happens in future..

[Vaculin]

There is a quite possibility to hit $69k in this year. We all know the movement of Bitcoin right now. What happening in the Bitcoin price movement. You cal see the prise of Bitcoin suffering to reach $30k from last four months. The correct price of Bitcoin is $29.5k something. If the price of Bitcoin don't hits $69k. There is a high possibility to reach Bitcoin price high in the next year after Bitcoin halving. We all are aware about Bitcoin halving and we all know what helped after Bitcoin having. The Bitcoin price go up after halving. If in this year the price of Bitcoin don't hit $69k. Then the next year the price of Bitcoin aftar halving surely goes up. The predictioner of Bitcoin the predict the prices of Bitcoin will go up to $100k after halving. We all know what helped in halving so let's see what happens in future..

We still have 2 months to go before this year ends, and I'm quite optimistic that if this market will continue to be stable, then it will not be surprising to witness bitcoin price back again in $69k. After all, we all know that the last quarter of the year is probably the most exciting months in bitcoin, so if this will be granted without seeing more of a market crash or correction, then it's never hard to achieve $69k or more when this year ends.

However, on the second thought, there will be more positive price by next year if ever $69k will not be achieved this year. Most especially that we are heading into bitcoin halving, then there will be more probability for bitcoin price to achieve a new heights, we just have to be patient and trust the process.

[Quidat]

something can still happen that will make the price to move close to $69k because, the price has hit back to $28k, and the green light is still standing to allow holders to believe that there will be bull market that will make holders to earn well from their investment. Few months to the end of the year, and some holders are waiting for $50k or $60k to show up next month before they can sell to solve their financial problem, which is possible if the green light can maintain this level.   

I will not deny the big increase in Bitcoin because that has happened in the past two years, but this year it doesn't seem like it will be that easy because every increase needs to have a push or effect that can make the price increase even more and that hasn't happened this year so Bitcoin prices still tend to be below $30K until now. And actually I'm also quite sure that next month there will be an increase in prices which might be better than this month, but I don't think that the price of Bitcoin will immediately go to $50k or $60k.

Don't forget that BTC is unpredictable, some time people guess in a particular price and it come to pass but it doesn't guarantee they will always get it right in the next run, but there are some signs in the market this week, that prove that the bull run will soon start any moment from next week.

It would be quite good if your guess is correct because I am also expecting an increase this month and next week as you mean. But in general I still don't think that next week Bitcoin will immediately get a better increase, because in the last few days the volatility of the price increase has not been stable enough so it still makes me not immediately expect more this month, but if that can be true -if it happens I would also be quite happy to welcome it.

Recently, we did really have that movement on which the price did make some serious increase on which to those people who are just new into this market would really be definitely be having that kind of impression that this might be the bull run but we know that it isnt really just that still considering that we didnt still past out that bitcoin halving and just like on what most people been saying on here.Unless if there would really be some chances in bull run event on which it is really that something that could happen before halving but it is really that unlikely. As a trader or investor then it would really be always falls down into your own preference and liking on what are the actions that you would really be making. We do know that  69k isnt really that too far off now specially we are near 40k in terms of price. For those people who had been here on this market for a while does really know that this market have its cycle. The only thing we do need to do is to place ourselves on the best
spot for us to utilize possible maximum profitability.

For me then it would be better that we shouldnt really that anticipate that the price would be hitting 69k as of this year but we do know that hitting up 100k is the next target
for all of us knowing that bull run cycle would eventually happen.

[Gozie51]

There is a quite possibility to hit $69k in this year. We all know the movement of Bitcoin right now. What happening in the Bitcoin price movement. You cal see the prise of Bitcoin suffering to reach $30k from last four months. The correct price of Bitcoin is $29.5k something. If the price of Bitcoin don't hits $69k. There is a high possibility to reach Bitcoin price high in the next year after Bitcoin halving. We all are aware about Bitcoin halving and we all know what helped after Bitcoin having. The Bitcoin price go up after halving. If in this year the price of Bitcoin don't hit $69k. Then the next year the price of Bitcoin aftar halving surely goes up. The predictioner of Bitcoin the predict the prices of Bitcoin will go up to $100k after halving. We all know what helped in halving so let's see what happens in future..

We still have 2 months to go before this year ends, and I'm quite optimistic that if this market will continue to be stable, then it will not be surprising to witness bitcoin price back again in $69k. After all, we all know that the last quarter of the year is probably the most exciting months in bitcoin, so if this will be granted without seeing more of a market crash or correction, then it's never hard to achieve $69k or more when this year ends.

However, on the second thought, there will be more positive price by next year if ever $69k will not be achieved this year. Most especially that we are heading into bitcoin halving, then there will be more probability for bitcoin price to achieve a new heights, we just have to be patient and trust the process.

Certainly, I don't think it is realistic now that  we are one month close to the end of the year and moreover in the history of bitcoin I have not withnessed the ATH broken just before another halving. It is now getting closer to halving and breaking the 69k ATH is looking like an insurmountable task notwithstanding that bitcoin has rallied this year and especially this last quarter of the year. Therefore, our eyes should be on the halving and the bull run that will come with it while making sure to invest before the move get started.

[Kelvinid]

As the market sentiment is showing to us, it was very clear that it was impossible to happen unless there was a so-called miracle event. This year 2023 is not yet a bullish year for crypto where $69k is to be considered on that state but just be considered as a year for recovery. Of course, there is still hope for that but it was impossible to make it this year, maybe next year after halving. Despite the current situation, we can never be mad about it but rather accept the fact that Bitcoin doesn't recover fast and easily after bear season.

[Wiwo]

We can override that possibility,  Bitcoin can move to begin the 69k price benchmark before the year 2024 comes to an end,  so for sure we are free to make such speculations,  but we should treat it for what it is, and that is just assumptions,  speculations and guess works, and shouldn't be taken as an investment advice,  since we know the risk of taking speculations to mean advice.

But even outside that,  that price is way too high to be achieved in reality even though it's possible to achieve that, because 69k was the last all-time high after the last bitcoin halving,  so for that we have to expect less possibility of having that price achieve before the next Bitcoin halving cycle which is already in around six months from now,  and if all things being equal we should have some basic level of correction between the line but not to see any form of a bull run that can trigger us to that price of 69k.

[Nrcewker]

If we see the current situation, then it’s really hard for Bitcoins to touch 69k usd by the end of this year. Yes, it might achieve this milestone in the early months of 2024. I am assuming Bitcoins will close at around 50k usd by the end of this year. Then it will keep on rising and by June or July we can see ATH price. I am making this estimations based on the past history of the coins. So yes this time Bitcoins are really looking strong. So let’s hope for the best.

[EarnOnVictor]

If we see the current situation, then it’s really hard for Bitcoins to touch 69k usd by the end of this year. Yes, it might achieve this milestone in the early months of 2024. I am assuming Bitcoins will close at around 50k usd by the end of this year. Then it will keep on rising and by June or July we can see ATH price. I am making this estimations based on the past history of the coins. So yes this time Bitcoins are really looking strong. So let’s hope for the best.

No one is optimistic about Bitcoin more than me right now but saying it could reach $50,000 this year is a dream that will never come to light, even $40,000 is still highly not feasible for the coin not to mention a higher price. Bitcoin has been well helped by the ETF events which caused increased feelings, rumours, speculation, anxieties, FOMO and many more that happened in the recent market which caused Bitcoin to hit about $38,000 high. This might be the year's ATH as far as I'm concerned.

The tension is being doused now and over time Bitcoin might want to correct itself lower rather than launching a major bullish trend or attempt again until next year. There is nothing impossible in the market though but with my trading experience, I believe that Bitcoin which moved over $10,000 since October should settle go a major correction, and it might do this till the year ends even as it starts gaining another bullish leg by then.

[Republikcoin.com]

Certainly, I don't think it is realistic now that  we are one month close to the end of the year and moreover in the history of bitcoin I have not withnessed the ATH broken just before another halving. It is now getting closer to halving and breaking the 69k ATH is looking like an insurmountable task notwithstanding that bitcoin has rallied this year and especially this last quarter of the year. Therefore, our eyes should be on the halving and the bull run that will come with it while making sure to invest before the move get started.

Everyone is waiting for the halving, although some people are also focusing on buying when there is a price correction in Bitcoin, because now there are still many people who believe that Bitcoin has the possibility of creating a new ATH after the halving occurs. That's why now there are still many people making purchases in Bitcoin before the halving occurs and hope that there will be another ATH after it happens next year, while this year I just hope that Bitcoin can continue to improve and increase slowly to $40K.

[EluguHcman]

And this is already November having the year 2023 a month and couple of weeks to go and BTC markets values is still rated $35K to $36K and hovering towards $37K.
Though I am not surprised neither am I expecting BTC to hit $69K as said by OP. There is possibilities of history repeating itself referring to BTC price at 2021 but there are also potential historical value rate because can still settled on apart from the $69K of 2021.
However, we just don't have to be flexible predicting the BTC value rate simply because of a mere clue of impressions of the present.

But if it must have a guessing prediction, I would always stand that the values of BTC would be settled at the rate of $39 by the end of December to favour investors holding its coin while there would be a value depression by January to favour BTC buyers. This has though been the side by side fluctuations of BTC all these while of 2023

[Mahanton]

Certainly, I don't think it is realistic now that  we are one month close to the end of the year and moreover in the history of bitcoin I have not withnessed the ATH broken just before another halving. It is now getting closer to halving and breaking the 69k ATH is looking like an insurmountable task notwithstanding that bitcoin has rallied this year and especially this last quarter of the year. Therefore, our eyes should be on the halving and the bull run that will come with it while making sure to invest before the move get started.

Everyone is waiting for the halving, although some people are also focusing on buying when there is a price correction in Bitcoin, because now there are still many people who believe that Bitcoin has the possibility of creating a new ATH after the halving occurs. That's why now there are still many people making purchases in Bitcoin before the halving occurs and hope that there will be another ATH after it happens next year, while this year I just hope that Bitcoin can continue to improve and increase slowly to $40K.

Halving event is on where are really that majority or all of people keep an eye on because this is something a main event on which it would really be able to trigger out that bull run that we've been waiting for.
It is really just that people wont really be getting tired on throwing up different numbers as we do go ahead or getting nearer. 69k for this year seems not that possible yet we are moving like rollercoaster as of this moment on which price movements arent that something that could really be read up and this is why it would really be that so hard that you would really be that sticking into that one idea and thinking up positively
that it would happen. Price would surely be pumping back which is way more than into its price considering that in every cycle there would really be always a bull run.

I do agree on some points above that we should really be that be versatile on whatever things that could happen.We dont know whether this year hitting or breaking that ATH
or would be in next year but pretty sure it would really be somewhere on Q4 2024 or somwhere on 2025 on peak of bull run. Breakouts do usually happen on that point.

[JoyMarsha]

I don't think that a good number of crypto investors are not even focused on what the bitcoin price would be this year. Just because they are not ready to sell but to acquire more Bitcoin this year. So whatever price they see toward their bitcoin investment this year, they will accept it by waiting patiently until next year to see whether the price of bitcoin will be higher than its previous ATH. That makes it sound like,  they are after what bitcoin would be after the halving season by next year. So this year's price of  Bitcoin is not really what to raise eyes balls to because it won't get to the ATH of bitcoin a few years ago

[TimeTeller]

And this is already November having the year 2023 a month and couple of weeks to go and BTC markets values is still rated $35K to $36K and hovering towards $37K.
Though I am not surprised neither am I expecting BTC to hit $69K as said by OP. There is possibilities of history repeating itself referring to BTC price at 2021 but there are also potential historical value rate because can still settled on apart from the $69K of 2021.
However, we just don't have to be flexible predicting the BTC value rate simply because of a mere clue of impressions of the present.

But if it must have a guessing prediction, I would always stand that the values of BTC would be settled at the rate of $39 by the end of December to favour investors holding its coin while there would be a value depression by January to favour BTC buyers. This has though been the side by side fluctuations of BTC all these while of 2023

Just be grateful that finally we surpassed the 30k level, as it has been a while that we see this price.
Aiming to reach 69k before this year ends may be difficult. But for 40k, it seems there's possibility.
If you believe that we are heading to 40k, and you have extra funds, why not invest some?
The target of 69k won't come easy as we only have few days left for this year. But it may happen in the coming years.

[BitcoinPanther]

If we see the current situation, then it’s really hard for Bitcoins to touch 69k usd by the end of this year. Yes, it might achieve this milestone in the early months of 2024. I am assuming Bitcoins will close at around 50k usd by the end of this year. Then it will keep on rising and by June or July we can see ATH price. I am making this estimations based on the past history of the coins. So yes this time Bitcoins are really looking strong. So let’s hope for the best.

Considering the time frame, the current price, and the previous performance of Bitcoin cycle. this indication shows that it is almost impossible for Bitcoin to get back to $69k this year.  If we look at the price history, the time Bitcoin break its ATH is some months after the halving so basing on that, I think Bitcoin will unlikely hit or recover to $69k this year.  Aside from that, ETF application approval will take place next year so I believe there is no strong catalyst as of the moment for Bitcoin to get back to $69k this year.

[Strongkored]

Everyone is waiting for the halving, although some people are also focusing on buying when there is a price correction in Bitcoin, because now there are still many people who believe that Bitcoin has the possibility of creating a new ATH after the halving occurs. That's why now there are still many people making purchases in Bitcoin before the halving occurs and hope that there will be another ATH after it happens next year, while this year I just hope that Bitcoin can continue to improve and increase slowly to $40K.

I am one of those who believe the price will still be higher even from the last ATH a few years ago, so the current price still makes sense to buy and hold until the halving because after the halving the upside potential is very large, but expecting the price to reach the last ATH around $69K this year I predictions will be difficult to achieve, Bitcoin is very likely to remain in the current price range with the highest price that can be reached being $45,000 because big investors will influence the market to remain in this price range for them to take advantage by continuing to add Bitcoin to their portfolio for profits in the bullish period for some time forward.

[taufik123]

-snip-
Bitcoin is very likely to remain in the current price range with the highest price that can be reached being $45,000 because big investors will influence the market to remain in this price range for them to take advantage by continuing to add Bitcoin to their portfolio for profits in the bullish period for some time forward.

If this year can reach the highest price of $45k it will already be a bail point for Bitcoin price reversal next year.
Bitcoin price will continue to be pushed to keep rising until it reaches the last ATH and can even exceed it.

Large investors or whales always provide manipulations to increase their holdings by buying at low prices.
There will be some corrections that will definitely occur.

Looking at the current price alone which is in the range of $36k + + and had stanbay above the price of $37k.
Be prepared for all sorts of bad news to come out, December is just around the corner and it will be a month of discounts for all.

[rodskee]

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.

you have already answered your own post , waiting to cross 40k in August so meaning that is already impossible for you?

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.

well now staying at 36k and yes reached 37k recently but I am waiting for 40k this whole year
not just in August but the whole Year.

[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?

you seems to know the answer already so stop assuming there will be great for the year.

[Minor Miner]

-snip-
Bitcoin is very likely to remain in the current price range with the highest price that can be reached being $45,000 because big investors will influence the market to remain in this price range for them to take advantage by continuing to add Bitcoin to their portfolio for profits in the bullish period for some time forward.

If this year can reach the highest price of $45k it will already be a bail point for Bitcoin price reversal next year.
Bitcoin price will continue to be pushed to keep rising until it reaches the last ATH and can even exceed it.

Large investors or whales always provide manipulations to increase their holdings by buying at low prices.
There will be some corrections that will definitely occur.

Looking at the current price alone which is in the range of $36k + + and had stanbay above the price of $37k.
Be prepared for all sorts of bad news to come out, December is just around the corner and it will be a month of discounts for all.

I don't know if bitcoin can rise and reach 45k USD before the end of the year, I really don't want to make too many predictions. But I also predict that a correction will almost certainly occur after the market's euphoric days. We should prepare for that so we don't have to panic and I also believe that the correction will not be too big and that is what is needed for a market to grow more sustainably.

Even if bitcoin doesn't hit $45k this year, I still see that we've been really successful as bitcoin has recovered and hit $37k. Even if bitcoin doesn't reach $45K this year, bull season is inevitable once the halving occurs.

[redsun114]

Everyone is waiting for the halving, although some people are also focusing on buying when there is a price correction in Bitcoin, because now there are still many people who believe that Bitcoin has the possibility of creating a new ATH after the halving occurs. That's why now there are still many people making purchases in Bitcoin before the halving occurs and hope that there will be another ATH after it happens next year, while this year I just hope that Bitcoin can continue to improve and increase slowly to $40K.

I am one of those who believe the price will still be higher even from the last ATH a few years ago, so the current price still makes sense to buy and hold until the halving because after the halving the upside potential is very large, but expecting the price to reach the last ATH around $69K this year I predictions will be difficult to achieve, Bitcoin is very likely to remain in the current price range with the highest price that can be reached being $45,000 because big investors will influence the market to remain in this price range for them to take advantage by continuing to add Bitcoin to their portfolio for profits in the bullish period for some time forward.

Investors that have such abilities wouldn't just keep it within the same range but they will make the market come down either by spreading FUD or buying a large amount and creating a wall for selling Bitcoins at the current market price and once others start placing their orders above them, they will bring the wall on the top, this way, those who are willing to sell their Bitcoins will keep reducing the asking price and the market will start dropping down slowly.

However, I believe most investors have already filled their bags when Bitcoin was very low, and they wouldn't be doing a lot of manipulation for now and the price will depend mainly on real-life events and retail investors and their sentiments. If they start mass-selling or buying, the market will move accordingly.