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Author Topic: 60k possible before end of this month?  (Read 1049 times)
Franctoshi
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February 19, 2024, 05:31:25 PM
Last edit: February 19, 2024, 07:02:37 PM by Franctoshi
 #61

From the look out of things there is no doubt that $60k is sure before the end of this month February reason being that bitcoin has surpasses the price of 50k and headed to $52k if I am not mistakenly and you can correct me if I am wrong.  
Also does this proves the idea of most people saying that bitcoin could hit half a million dollars after the halving by 2025, does this sign proves it right?

Let us discuss.
I'm of the opinion that Bitcoin is heading up to 60k, but I'm not expecting it to all happen just in this month of February. We may have the price reach $55k because I'm considering the resistance levels ahead before we would make it up there, currently we are battling to break $52k I called out some time ago in this discussion board, So, I kind of think it will likely get extend to the month of March, but I'm not disputing the fact that it can't happen in the month of February, we have 10 days to go until the end of February, and it remaining $8k from this price of $52k -$60k

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February 19, 2024, 06:10:50 PM
 #62

I'm of the opinion that Bitcoin is heading up to 60k, but I'm not expecting it to all happen just in this month of February. We may have the price reach $55k because I'm considering the resistance levels ahead before we would make up there, currently we are battling to $52k I called out some time ago in this discussion board, So, I kind of think it will likely get extend to the month of March, but disputing the fact that it can't happen in the month of February, we have 10 days to go until the month of February, and $8k to from this price of $52k,
The potential to reach the price of $60k is very close, even if the market experiences an increase it will exceed the predicted price, I predict that the previous ATH will be achieved this month and I predict there is potential for the market to continue to turn green throughout this month but we also need to increase our vigilance to anticipate the impact of the issue negative can happen at any time, but any prediction cannot be guaranteed in the crypto market because the impact of new news can influence all factors for the potential for a significant increase or vice versa before the halving.

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February 19, 2024, 06:20:10 PM
 #63

From the look out of things there is no doubt that $60k is sure before the end of this month February reason being that bitcoin has surpasses the price of 50k and headed to $52k if I am not mistakenly and you can correct me if I am wrong. 
Also does this proves the idea of most people saying that bitcoin could hit half a million dollars after the halving by 2025, does this sign proves it right?

Let us discuss.
I think here Bitcoin will not be half a million dollars in 2025 after halving, maybe in 2025 Bitcoin can go from $100,000 to $170,000 in 2025. Those who think Bitcoin will be half a million dollars in 2025 I think is wrong maybe many influencers can make such prediction by their analysis but I don't believe the analysis of those influencers. However, I believe that by February, Bitcoin may stay within $60,000. Currently we see Bitcoin set up a strong candle between $50k and $52000. Maybe Bitcoin can reach 60k or above 60k from here.

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February 19, 2024, 06:38:24 PM
 #64

Bitcoin is back to $52k after facing a downside yesterday but it is expected of Bitcoin going back to $51k today. I think Bitcoin is still struggling to make it happen, if eventually we cross the $55k price within this week then it is higher chances of touching $60k before the end of this month.
I actually hope that today Bitcoin can go to $53K rather than $51K, because an increase in price will be much more enjoyable than a decrease in price even if it's only for one day. Apart from that, I don't think that the price of $60K can be reached immediately this month even though Bitcoin could have a better push in the next few days, because price increases are always accompanied by price corrections within hours and days as has been seen clear in this month on the market.
Today is almost coming to an end and the market has become more recessive dropping below the $52k or going above hitting the $53k price.
For Bitcoin reaching the $60k price can be very much possible due to the little correction that has already happened from $53k down $51k now currently recessive at $52k. These shows that at any point in time the market might experience another bull run launching the $60k price

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February 20, 2024, 06:15:06 AM
 #65

$60,000 is possible before the end of this month but it’d be good to cool down a bit, we don’t want the market to get over heated so we get a halving correction.
I think we have climbed $10k or more within 15 days on this current month so I think another $10k is also possible on the remaining days of this month. $10k alone or seeing the price rest at $50k is still a good achievement for BTC so yeah that to cool down for a while won't give us a guilt feeling and besides, halvings weren't still over, although ETF does and maybe there are people who expects more positive effect from it but there must be no time frame for its effect so we still can feel it even a couple of months had past already.

To over heat still sounds good because it could mean the market is now rising and correction is also normal after the people are done selling their coins. Halving will trigger FOMO may happen even before the event of halving.

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February 20, 2024, 07:52:06 AM
 #66

Bitcoin is back to $52k after facing a downside yesterday but it is expected of Bitcoin going back to $51k today. I think Bitcoin is still struggling to make it happen, if eventually we cross the $55k price within this week then it is higher chances of touching $60k before the end of this month.
I actually hope that today Bitcoin can go to $53K rather than $51K, because an increase in price will be much more enjoyable than a decrease in price even if it's only for one day. Apart from that, I don't think that the price of $60K can be reached immediately this month even though Bitcoin could have a better push in the next few days, because price increases are always accompanied by price corrections within hours and days as has been seen clear in this month on the market.
Today is almost coming to an end and the market has become more recessive dropping below the $52k or going above hitting the $53k price.
For Bitcoin reaching the $60k price can be very much possible due to the little correction that has already happened from $53k down $51k now currently recessive at $52k. These shows that at any point in time the market might experience another bull run launching the $60k price
The bear market is over, the halving is approaching and that means bull season is approaching. But that doesn't mean bitcoin will go up a few percent or $10k every week until we have a new ATH. Bitcoin will reach $60k and then make a new ATH, but there will be no specific time for bitcoin to do that, IMO. Furthermore, even during the bull season there will be corrections in bitcoin, so don't be too subjective and just think that bitcoin will just rise and rise without corrections.

I don't believe bitcoin can reach $60k before halving and even after halving there will be another dump instead of the new ATH coming sooner, IMO.

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February 20, 2024, 09:42:35 AM
 #67

$60,000 is possible before the end of this month but it’d be good to cool down a bit, we don’t want the market to get over heated so we get a halving correction.
I think we have climbed $10k or more within 15 days on this current month so I think another $10k is also possible on the remaining days of this month. $10k alone or seeing the price rest at $50k is still a good achievement for BTC so yeah that to cool down for a while won't give us a guilt feeling and besides, halvings weren't still over, although ETF does and maybe there are people who expects more positive effect from it but there must be no time frame for its effect so we still can feel it even a couple of months had past already.

To over heat still sounds good because it could mean the market is now rising and correction is also normal after the people are done selling their coins. Halving will trigger FOMO may happen even before the event of halving.
But to reach $60k we can break this month, but we have to reach resistance at $55k first for the nearest target and I see the market reaction is quite difficult to allow $60k this month, more likely we will experience sideway if we cannot break the $55k level first, or on the contrary we will correct at the $48k price level first, a more logical possibility to reach $60k is when the Halving is closer, it will trigger fomo people to get Halving bitcoin.

What is clear to me is that $60k will be reached in Q1, even if it reaches the $60k level then we will get the ATH of the previous cycle, because this cycle is quite crazy with the competition of institutions that continue to collect bitcoin.

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February 20, 2024, 12:28:23 PM
 #68

From the look out of things there is no doubt that $60k is sure before the end of this month February reason being that bitcoin has surpasses the price of 50k and headed to $52k if I am not mistakenly and you can correct me if I am wrong.  
Also does this proves the idea of most people saying that bitcoin could hit half a million dollars after the halving by 2025, does this sign proves it right?

Let us discuss.
It is possible that with the way Bitcoin price has risen in the past few weeks, expect Bitcoin to hit $60k by the end of this month. With quite a few days left in this month, Bitcoin's movement looks like it might reach $60k. But I don't think bitcoin will reach half a million dollars next year and based on the current year's market value. Personally I think Bitcoin is likely to be $90k to $125k in 2025 after the halving.

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February 20, 2024, 12:48:03 PM
 #69

$60,000 is possible before the end of this month but it’d be good to cool down a bit, we don’t want the market to get over heated so we get a halving correction.
I think we have climbed $10k or more within 15 days on this current month so I think another $10k is also possible on the remaining days of this month. $10k alone or seeing the price rest at $50k is still a good achievement for BTC so yeah that to cool down for a while won't give us a guilt feeling and besides, halvings weren't still over, although ETF does and maybe there are people who expects more positive effect from it but there must be no time frame for its effect so we still can feel it even a couple of months had past already.

To over heat still sounds good because it could mean the market is now rising and correction is also normal after the people are done selling their coins. Halving will trigger FOMO may happen even before the event of halving.

The rise may continue but couldn't expect it to consistently happen. We never forget the volatility of the market as it pump this week, better to expect that there are corrections to happen next. It is possible to reach $60k but too uncertain that it will fulfilled this month as we can't be sure that the current market momentum continue until the end of the month. I guess you are just too optimistic about the current situation that drives you from thinking too much. The price moves and it reaches new ATH and it is going to happen but we don't know when.

Halving is not over yet and has not even started already. So we never see any big reason that brings the price too high.

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February 20, 2024, 01:14:40 PM
 #70

From the look out of things there is no doubt that $60k is sure before the end of this month February reason being that bitcoin has surpasses the price of 50k and headed to $52k if I am not mistakenly and you can correct me if I am wrong. 
Also does this proves the idea of most people saying that bitcoin could hit half a million dollars after the halving by 2025, does this sign proves it right?

Let us discuss.
The expectation is too much buddy. It is possible but think of how much cash flow must be infused into the market to make that 60k this month. The cost of a bitcoin is now up from 41k to 52k and that is a 27 percent increase. If it comes to 60k, that is a 46 percent increase in just one month and that is extremely challenging particularly when the market value is in a trillion.

Half a million dollars by 2025 for a bitcoin is likewise another incredibly difficult objective. Anyhow, I do not believe that the majority of Bitcoin investors have these ideas.

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Sorryfor
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February 20, 2024, 01:45:52 PM
 #71

Bitcoin crossing $60,000 seems natural to me. A review of the last few days of this month shows that the value of Bitcoin has increased very quickly. Currently Bitcoin has quite a bit of momentum. I've watched the Bitcoin graph occasionally, and I've seen the price of Bitcoin go from $43,000 to $52,000 in a very short period of time. Moreover, with the amount of popularity of Bitcoin, it can easily be said that Bitcoin will cross 60 thousand dollars within a few days. But there can be exceptions. What are your thoughts?

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aoluain
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February 20, 2024, 01:59:17 PM
 #72

$60k before the end of the month doesn't seem like a bad idea, but I'm inclined to believe the $60k was before the halving (whether someone agrees or not). However we only make predictions based on market sentiment and this may or may not be right. As long as we are holders, we will only get returns and the most important thing is that the target is achieved.

$500k is too high to be true, but $100k seems reasonable to expect as the new ATH after the halving. If the price of bitcoin can break the $100k level, then further possibilities can be expected. Of course, everyone expects prices to be higher year after year especially in bullish periods, but only the prices make sense.
But I'm not sure about the end of this month to $60K but I appreciate your point that $60K before the halving is still reasonable because there are two more months to the halving.
By making predictions on market sentiment it obviously makes sense how you see the movement, but I as a HODL don't care about $60K because for us it is still too low to give up bitcoin.

That's what we think now because $100K has not been reached then we will be increasingly difficult to reach the $500K mark, maybe someone else says this is excessive maybe YES or NO, but we don't have such high hopes because it doesn't make sense, even if the experts say $500K they have their own calculations.

We have passed $52k, only another $8 to go in 8 days, its possible just based on
what way the market has reacted over the last 2 weeks or so. Will it happen though?
thats anyones guess.

There are some people calling that the ATH of $69k can be reached and passed
before the halving, but yea anything is possible in this current climate.

Its probably a bit too early to be talking about $100k eventhough I have seen
it being called in the next 2 to 3 months nevermind $60k,  but that will be the next
big resistance point!

R


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February 20, 2024, 02:17:51 PM
 #73

From the look out of things there is no doubt that $60k is sure before the end of this month February reason being that bitcoin has surpasses the price of 50k and headed to $52k if I am not mistakenly and you can correct me if I am wrong. 
Also does this proves the idea of most people saying that bitcoin could hit half a million dollars after the halving by 2025, does this sign proves it right?

Let us discuss.
at least the price is trying for it increasing movement but I don't think that bitcoin price will reach sixty thousand this month, so therefore whatever we see the price of Bitcoin this February will take it but I believe that the price will not reach sixty thousand because it increasing power is quite low in this February, but what you know is that between March and April the price will add more values because it's like they adoption of Bitcoin is getting more increase in the society than the previous years why the increment of Bitcoin is going up every time is because of the massive adoption and the investors are more sufficient in cryptocurrency can any other investment



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February 20, 2024, 06:44:42 PM
 #74

From the look out of things there is no doubt that $60k is sure before the end of this month February reason being that bitcoin has surpasses the price of 50k and headed to $52k if I am not mistakenly and you can correct me if I am wrong. 
$60k may be possible before April but certainly not at the end of this month, February. If you look at Bitcoin chart you will find that there are lots of gaps to the downside that need to be filled before we can say Bitcoin has stabilized to the upside, especially that $437000 gap. It has to be filled. There's another at $403000 but I don't think price will dip to that point.

Quote
Also does this proves the idea of most people saying that bitcoin could hit half a million dollars after the halving by 2025, does this sign proves it right?
Half a million is 500k. I don't think that will be possible this circle. It will be over ambition for anyone to think it's possible. We can begin to think of that range after the next halving event. That's two "halvings" after this one coming up in April.

Before you boast of your material acquisition, take a stroll to a morgue and there you will find those who were once better than you're. Only fools think they've it all. Stay humble 🤔
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February 21, 2024, 03:55:38 AM
 #75

Bitcoin crossing $60,000 seems natural to me. A review of the last few days of this month shows that the value of Bitcoin has increased very quickly. Currently Bitcoin has quite a bit of momentum. I've watched the Bitcoin graph occasionally, and I've seen the price of Bitcoin go from $43,000 to $52,000 in a very short period of time. Moreover, with the amount of popularity of Bitcoin, it can easily be said that Bitcoin will cross 60 thousand dollars within a few days. But there can be exceptions. What are your thoughts?

If everyone is thinking it'll happen, it mightn't happen but instead Bitcoin will fall below $50,000. When there's an over expectation for a particular price it makes a lot of selling pressure from investors to be on that price. I don't think $60,000 is an important price for Bitcoin to reach, it's when Bitcoin crosses $70,000 that it have achieved a new highest price therefore that's the price that I'm paying attention to. For now it doesn't matter if Bitcoin reach $60,000 or it falls down below $50,000 but what's is important is that we'll be seeing a new highest price for Bitcoin very soon and it'll be after the halving is over. I'm expecting a correction after the halving then Bitcoin gather momentum and starts pumping to a new all time high and my expectations will be it'll be happening next year.

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February 21, 2024, 04:45:08 AM
 #76

Also does this proves the idea of most people saying that bitcoin could hit half a million dollars after the halving by 2025, does this sign proves it right?

It doesn't prove anything. $500k is still a very distant price from where Bitcoin is right now. It hasn't even made it to $100k yet. I don't like to be over-expectant when it comes to Bitcoin price. If it gets to half a million by next year then good for us, but I still see that speculation as ridiculous. From what I know about Bitcoin such an increase in such a relatively short time will only correct itself soon after and that will make people lose a lot of money, faith, and trust in Bitcoin. Bitcoin at this point grows gradually. The highest I can predict for a new ATH is at around $200k and that should be at the peak of the bull run.

We have 10 days to go until the end of February, and it remaining $8k from this price of $52k -$60k

It's difficult for me to see Bitcoin price increase by $8k in 8 days as it stands. That's an average of 1k per day. I don't see that happening. I agree Bitcoin will hit 60k soon but I believe it will be on 50k -52k for a while before breaking off and getting to $60k.

R


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February 21, 2024, 05:04:59 AM
 #77

From the look out of things there is no doubt that $60k is sure before the end of this month February reason being that bitcoin has surpasses the price of 50k and headed to $52k if I am not mistakenly and you can correct me if I am wrong. 
Also does this proves the idea of most people saying that bitcoin could hit half a million dollars after the halving by 2025, does this sign proves it right?

Let us discuss.
Sorry but I will not just agree about the "SURE 60K" thing just because bitcoin broken 50k recently because February is now soon to end but still we are struggling to even make it to 55k .
lets not just have a false Hopes but yeah lets have a Positive views but must be ready to sideways guys.









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February 23, 2024, 10:09:02 PM
 #78

We just had a small correction, from $52,000 to $51,000 and it could still continue to dip. But I think the sentiments of the market is still bullish and as we have a week before the end of this month, speculations are still open. But for me, might be difficult to see $60,000 at least for this month. We have exhausted already or at least the bulls for now and so we might see some sideways for the last week but above the $50,000 price range.

Most important thing is that the market is bullish as we are approaching the block halvening. And there are no more black swan events in the horizon. So everything looks perfect moving forward to the most important event and the catalyst for the bull run that we all have been waiting.

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February 23, 2024, 10:22:46 PM
 #79

Bitcoin crossing $60,000 seems natural to me. A review of the last few days of this month shows that the value of Bitcoin has increased very quickly. Currently Bitcoin has quite a bit of momentum. I've watched the Bitcoin graph occasionally, and I've seen the price of Bitcoin go from $43,000 to $52,000 in a very short period of time. Moreover, with the amount of popularity of Bitcoin, it can easily be said that Bitcoin will cross 60 thousand dollars within a few days. But there can be exceptions. What are your thoughts?
It remains to be seen how the market reacts in the short term, as Bitcoin has been in a huge uptrend and the price of Bitcoin is likely to hit $60k if the market's momentum continues. But after anything happens here in the short term, the longer term price prediction is a bigger uptrend. Bitcoin is expected to correct slightly after a big uptrend, but Bitcoin is still above $50k. The next few days will be important for Bitcoin's next short-term trend. Let's see how quickly we can see Bitcoin above $60k again.

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February 24, 2024, 09:20:28 AM
 #80

From the look out of things there is no doubt that $60k is sure before the end of this month February reason being that bitcoin has surpasses the price of 50k and headed to $52k if I am not mistakenly and you can correct me if I am wrong.  
Also does this proves the idea of most people saying that bitcoin could hit half a million dollars after the halving by 2025, does this sign proves it right?

Let us discuss.
I'm of the opinion that Bitcoin is heading up to 60k, but I'm not expecting it to all happen just in this month of February. We may have the price reach $55k because I'm considering the resistance levels ahead before we would make it up there, currently we are battling to break $52k I called out some time ago in this discussion board, So, I kind of think it will likely get extend to the month of March, but I'm not disputing the fact that it can't happen in the month of February, we have 10 days to go until the end of February, and it remaining $8k from this price of $52k -$60k
I am noticing that the energy with which the price was moving up have been exhausted. This can be seen as price has failed to break $52k. As of today bitcoin is trading at the upper $50k with the potential of going lower. If this continue this way, I do not think price to reach $60k before the end of this month. It is appearing like price may not achieve a new all time high before the halving since we are seeing this level of unwillingness of price to continue the bull run. This could be another indication that there are key players in the market that controls the price. On a brighter side, this might be opportunity for people to buy more before the halving because beyond halving, no one know where the price will be reaching for.

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