Is $84k the Peak for Bitcoin？

[davis196]

In the latest video analysis, Crypto Banter predicts that Bitcoin could potentially reach $84,000 within the next six weeks. This forecast is based on recent Bitcoin closing prices surpassing key levels, indicating a strong bullish trend.
Key technical indicators, such as the lower RSI levels, support the bullish sentiment for Bitcoin. Bitcoin has been consolidating for 82 days, and breaking above $74,000 would signify the beginning of a new uptrend phase. All indicators suggest that, with strong technical analysis and market dynamics, Bitcoin could potentially reach $84,000 within six weeks.

What do you mean by "the peak for Bitcoin"? The peak Bitcoin price for 2024 or the all time peak price of Bitcoin, which will never be reached again? If you are talking about the yearly peak price of Bitcoin, I really don't know if 84K USD is the goal. The BTC price might be above 84K by the end of 2024 or 84K might not be reached in 2024. I expect the market to calm down during the summer, so there's no reason for me to believe in such short term bullish predictions. It's more likely that the price will go back to 60-65K USD, rather than going up to 75-80K USD.

[Iranus]

Bitcoin will get to $84000 is not exciting to me. What can make me more excited is bitcoin to get to $100000. Another excitement would come when bitcoin will no longer fall below $100000 but this will be a long time from now. We still have over 7 months in this year to finish, it is still a long time and bitcoin will get to $100000.

I agree. It’s certain that bitcoin will eventually reach $84k few weeks from now, and I think it’s not surprising anymore. But most likely, price correction will be visible first before we will hit that amount. However, hitting the target at $100k creates more interest and motivation to all new and old investors here. Because once it happens, that proves that bitcoin price has reached another level, which I think creates a huge advantage for all those who believe in bitcoin.

Didn't we have a correction after bitcoin hit $73K? So I think there will be no further correction, we will soon conquer higher ATH in the coming months. Although bitcoin is unpredictable, what is happening is very positive for us, Trump openly supports cryptocurrency, ETH ETH is about to be approved, bitcoin ETFs are buying a lot of bitcoin every day causing supply shock...With all this bullish news, I believe bitcoin's correction is over and bitcoin will only go up from here. There is no reason for us to be pessimistic at this stage, our job is just to wait for the bulls to come.

[shinratensei_]

Didn't we have a correction after bitcoin hit $73K? So I think there will be no further correction, we will soon conquer higher ATH in the coming months. Although bitcoin is unpredictable, what is happening is very positive for us, Trump openly supports cryptocurrency, ETH ETH is about to be approved, bitcoin ETFs are buying a lot of bitcoin every day causing supply shock...With all this bullish news, I believe bitcoin's correction is over and bitcoin will only go up from here. There is no reason for us to be pessimistic at this stage, our job is just to wait for the bulls to come.

there's so many reasons why bitcoin should start pumping that prices up like the events you mentioned, bitcoin being approved of ETF around the world is an achievement.
I think many people overlook this but people should appreciate more about the fact that bitcoin becoming legalized investment for the masses around the world.
considering that bitcoin starts from literally zero all the way to current price, its already good enough.
so I think the peak will be a lot more than whatever people stated here, there are many influential figures so bullish about it even go as far as investing by the millions.
should we just ignore the opinion of the billionaires that thinks bitcoin will reach 1 million in the future where they've proven themselves capable of becoming billionaire or millionaire I think they are also capable of envisioning what the future gonna be.

[STT]

6 weeks is not my expectation, I think the autumn if its at all happening this year.   Quite a few people think 84k too modest for a high especially, I just think whatever the figure it will be more time in the making.

Autumn is when action has picked up in prior cycles and also its well known in the wider markets that autumn not the summer in northern hemisphere tends to be when a market moves most.    We are still tied into Dollar markets as BTC is mostly traded and quoted in that frame, so I do tend to believe BTC bias will match autumn.  I'd need good reasoning otherwise.

The standing bias for youtube or any commentator who needs to sell a story & create hype is to state this has an immediate timescale to  happen now.   Rarely are things so well tied up we know when where and how much will an event alter the present conditions, its all loose and subject to change based on a variety of factors.  Government leadership altering, politics, economic news, anything really

My guess on 2024 was old ATH was the rough top, so far we've stayed in orbit of that.  However if we really broke free and clear, I'd guess we can go higher then just 84k.

[tengui]

in the near term it is difficult to reach $84k, but in 6 weeks time it is very possible because the halving momentum is still very strong. For me the important resistance is $70k because Bitcoin has crossed $70k several times but failed to hold and the price fell below $70k again. Another source that I read is that in the next few weeks Bitcoin has the opportunity to reach $90k, and if this price increase really happens, maybe this will be the bullish start that we have been waiting for.

[Jaycoinz]

In the latest video analysis, Crypto Banter predicts that Bitcoin could potentially reach $84,000 within the next six weeks. This forecast is based on recent Bitcoin closing prices surpassing key levels, indicating a strong bullish trend.
Key technical indicators, such as the lower RSI levels, support the bullish sentiment for Bitcoin. Bitcoin has been consolidating for 82 days, and breaking above $74,000 would signify the beginning of a new uptrend phase. All indicators suggest that, with strong technical analysis and market dynamics, Bitcoin could potentially reach $84,000 within six weeks.

For one thing am certain about is that no one can truly tell the right and correct prediction of the Bitcoin price so  I guess he is also speculating about the price and again I think can hit $84k no doubt and it's just a matter of time and when because this particular period now is the bull market although it haven't yet picked off but am certain that it's just a matter of little time and when Bitcoin starts shooting high it may likely hit $150k or even more for me what I fear most is the big deep that will come after this bull although it's an amazing opportunity to buy Bitcoin again and wait for the four year circle but many would chicken out and sell off at the wrong price.

[electronicash]

with BTC being $70k while individuals only have a fraction of BTC will feel not so good still.
the more uncomfortable it could be for someone who only holds altcoins whose money is less than 50% since the last time they bought during the 2021 peak.

once those individuals feels like they are satisfied and have just cashed out a loot, that is probably the time you can say BTC has peaked.

[stadus]

No mate, literally no one could predict the Bitcoin's price and we see all such speculation only when the market is upward and we don't see them often during market dip. Bitcoin may even cross $84k or even $100k or even drop below $60 k once again hence we cannot predict much about Bitcoin unless there is a strong factor threatening it's usage which usually results in temporary dump.

If we are all optimistic here, I guess $84k is lesser than what we expect to see in the market. It could be $100k or above, that’s what we want to witness happening in the market. However, bitcoin price is highly volatile that makes it so unpredictable to anticipate a price. Reality is we can witness higher or lower than $84k, and we have no control of that. But if positive news and updates will consistently hit the market, then it’s highly possible for bitcoin price to achieve $100k at the year end or even higher than that.

[fuguebtc]

No mate, literally no one could predict the Bitcoin's price and we see all such speculation only when the market is upward and we don't see them often during market dip. Bitcoin may even cross $84k or even $100k or even drop below $60 k once again hence we cannot predict much about Bitcoin unless there is a strong factor threatening it's usage which usually results in temporary dump.

If we are all optimistic here, I guess $84k is lesser than what we expect to see in the market. It could be $100k or above, that’s what we want to witness happening in the market. However, bitcoin price is highly volatile that makes it so unpredictable to anticipate a price. Reality is we can witness higher or lower than $84k, and we have no control of that. But if positive news and updates will consistently hit the market, then it’s highly possible for bitcoin price to achieve $100k at the year end or even higher than that.

Bitcoin is very volatile and price prediction is difficult because we often make short-term predictions but if we zoom out and think long term, I think predicting bitcoin price is not too difficult. If we stop making short-term predictions and set long-term goals, I think the target of 84k$ is not too difficult for bitcoin to achieve and even 100k$ or more.

Even if we have more bad news spread and bitcoin may correct lower, but in the long run, bitcoin will soon recover and rise again. Based on history, bull season is approaching, we should not let bitcoin's short-term volatility cause us to waver and sell bitcoin too early. Hold and hold is the only thing we should do now.

[poodle63]

No mate, literally no one could predict the Bitcoin's price and we see all such speculation only when the market is upward and we don't see them often during market dip. Bitcoin may even cross $84k or even $100k or even drop below $60 k once again hence we cannot predict much about Bitcoin unless there is a strong factor threatening it's usage which usually results in temporary dump.

If we are all optimistic here, I guess $84k is lesser than what we expect to see in the market. It could be $100k or above, that’s what we want to witness happening in the market. However, bitcoin price is highly volatile that makes it so unpredictable to anticipate a price. Reality is we can witness higher or lower than $84k, and we have no control of that. But if positive news and updates will consistently hit the market, then it’s highly possible for bitcoin price to achieve $100k at the year end or even higher than that.

its the all time high price reached by bitcoin in every bullrun that matters from my honest opinion, we can disregard the volatilty at the mean time because it only mattes when people are trading or investing with short term time it's not gonna be that meaningful for us that aimed higher price with holding long term these volatility at best just a decoration.
so i'm not really worried about whether or not the price of bitcoin gonna reach that high from the data of past all time high and how much percent it climbed up every time.
like you said, bitcoin could reach more than that, most people still don't believe it, but bitcoin can always make surpise price surge.
for good holders that have been holding since many ages ago, they even have set a higher target with the price around millions until they finally cashed out their investment.

[yudi09]

In the latest video analysis, Crypto Banter predicts that Bitcoin could potentially reach $84,000 within the next six weeks. This forecast is based on recent Bitcoin closing prices surpassing key levels, indicating a strong bullish trend.
Key technical indicators, such as the lower RSI levels, support the bullish sentiment for Bitcoin. Bitcoin has been consolidating for 82 days, and breaking above $74,000 would signify the beginning of a new uptrend phase. All indicators suggest that, with strong technical analysis and market dynamics, Bitcoin could potentially reach $84,000 within six weeks.

Available around the end of July based on predicted times.
$84,000 price prediction which wouldn't surprise me who was waiting higher than that price. And I'm also not too worried about how long it will take to wait because the level of patience for the bull market is still strong.

It is still possible for price estimates based on analysis from these sources to be close to the results if we monitor market movements several months ago before and after the halving.
My initial estimate, if Bitcoin breaks at the $80k price level, then reaching $100k is a little easier to break.
Let's just wait for market price movements.

[Maus0728]

That's not for us to say, $20k isn't a lot of numbers for bitcoin to easily cross in just a month and I believe that there's probably even more surprises in that six weeks, it's still unknown but with the volatility of bitcoin and following the chart of the previous halving cycle, I think that we're within bounds that in six weeks, we would see bitcoin go up to that price or maybe even higher, it's not easy though as there's resistances at certain points in the market. Hopefully, a lot of us are prepared for whatever is coming because if you're not then you'll end up losing when what you didn't account for happens.

[moneystery]

In the latest video analysis, Crypto Banter predicts that Bitcoin could potentially reach $84,000 within the next six weeks. This forecast is based on recent Bitcoin closing prices surpassing key levels, indicating a strong bullish trend.
Key technical indicators, such as the lower RSI levels, support the bullish sentiment for Bitcoin. Bitcoin has been consolidating for 82 days, and breaking above $74,000 would signify the beginning of a new uptrend phase. All indicators suggest that, with strong technical analysis and market dynamics, Bitcoin could potentially reach $84,000 within six weeks.

if bitcoin can reach 84k in 6 weeks, i won't be too surprised, even if it is achieved in 3 weeks, i won't be too surprised, seeing that bitcoin still has the momentum to break through a new ath. it's just that we can't predict when it will happen, because some predict that it will happen next year or next month. but whatever people's predictions, i will remain optimistic that 84k is an easy point for bitcoin to reach and it could be even more.

[adultcrypto]

In the latest video analysis, Crypto Banter predicts that Bitcoin could potentially reach $84,000 within the next six weeks. This forecast is based on recent Bitcoin closing prices surpassing key levels, indicating a strong bullish trend.
Key technical indicators, such as the lower RSI levels, support the bullish sentiment for Bitcoin. Bitcoin has been consolidating for 82 days, and breaking above $74,000 would signify the beginning of a new uptrend phase. All indicators suggest that, with strong technical analysis and market dynamics, Bitcoin could potentially reach $84,000 within six weeks.

Bitcoin is known to be notorious at making the experts look like novice in retrospect. Perhaps Crypto Banter saw the momentum with which bitcoin was surging from last week till now before concluding that it will break the all time high which will make price reaching $80k and a little above before retracing to test the present all time high. I am not disputing technical analysis, just that rate at which it gives wrong answer is alarming. Just now we have seen that bitcoin is already retracing without testing the all time high and I wonder if Crypto Banter will still maintain the same opinion now. Bitcoin will eventually reach $100k, what is just difficult is knowing when it will happen.

[bettercrypto]

In the latest video analysis, Crypto Banter predicts that Bitcoin could potentially reach $84,000 within the next six weeks. This forecast is based on recent Bitcoin closing prices surpassing key levels, indicating a strong bullish trend.
Key technical indicators, such as the lower RSI levels, support the bullish sentiment for Bitcoin. Bitcoin has been consolidating for 82 days, and breaking above $74,000 would signify the beginning of a new uptrend phase. All indicators suggest that, with strong technical analysis and market dynamics, Bitcoin could potentially reach $84,000 within six weeks.

It's only been a month since the halving, and now you're thinking about the peak price of Bitcoin, and it's really specified that it's 84k$. I can't quite figure out why that's what you immediately think will be the peak of the bitcoin price. Do you have any idea how long the bull run will last? 

The $84k will just go through that. No one knows when that will happen, but what will be the peak price? You know, instead of thinking about such questions, just save cryptocurrencies that can give you a nice profit.

[AnonBitCoiner]

Achieving the value of 84k$ will be a sign that it can attain a huge price anytime but it cannot be a peak for Bitcoin pumping because people are still buying more so this can eventually lead to more pumping and maybe till 2025 we examine the price of Bitcoin to cross the value more than 84k$.

People already have to settle their target of 100k$ which is not hard to obtain but if someone has the patience to wait until the attainment of the target happens. Current worth is 69k$ so I think it will not be too hard to hit 84k$ in this year but 100k$ will take time.

[ShowOff]

In the latest video analysis, Crypto Banter predicts that Bitcoin could potentially reach $84,000 within the next six weeks. This forecast is based on recent Bitcoin closing prices surpassing key levels, indicating a strong bullish trend.
Key technical indicators, such as the lower RSI levels, support the bullish sentiment for Bitcoin. Bitcoin has been consolidating for 82 days, and breaking above $74,000 would signify the beginning of a new uptrend phase. All indicators suggest that, with strong technical analysis and market dynamics, Bitcoin could potentially reach $84,000 within six weeks.

if bitcoin can reach 84k in 6 weeks, i won't be too surprised, even if it is achieved in 3 weeks, i won't be too surprised, seeing that bitcoin still has the momentum to break through a new ath. it's just that we can't predict when it will happen, because some predict that it will happen next year or next month. but whatever people's predictions, i will remain optimistic that 84k is an easy point for bitcoin to reach and it could be even more.

It is predicted that the price of bitcoin could reach over $100k after the halving, but we all need time to see it become a reality. $84k is a price range that is very likely to be achieved in the near future, in fact I strongly believe that $84k can be achieved in a few months or sooner.

There are many predictors saying the price of bitcoin could reach an increase three times greater than the 2021 ATH, if that is true and the cycle repeats itself, then of course $100k will be far behind. I may not be that optimistic, of course 3x of the 2021 ATH is $207k, but it could be possible to achieve if bitcoin demand is very high. The average of us is optimistic about higher prices, so of course all we need to do now is be patient.

[Distinctin]

That's not for us to say, $20k isn't a lot of numbers for bitcoin to easily cross in just a month and I believe that there's probably even more surprises in that six weeks, it's still unknown but with the volatility of bitcoin and following the chart of the previous halving cycle, I think that we're within bounds that in six weeks, we would see bitcoin go up to that price or maybe even higher, it's not easy though as there's resistances at certain points in the market. Hopefully, a lot of us are prepared for whatever is coming because if you're not then you'll end up losing when what you didn't account for happens.

The whole market will always be unpredictable. And I think that makes it more interesting to invest more in bitcoin since the chances to see it increasing its price in the next few weeks will always be possible. Who knows, we won’t just settle into $84k but cross higher than that, that’s how volatility become an advantage for everyone instead of seeing it a threat to all investors and traders.

However, we won’t close the idea as well that bitcoin could end up reaching another dips. The market is uncertain that makes it hard for us to see where bitcoin price is heading, as it could move forward or backward.

[enwi]

No mate, literally no one could predict the Bitcoin's price and we see all such speculation only when the market is upward and we don't see them often during market dip. Bitcoin may even cross $84k or even $100k or even drop below $60 k once again hence we cannot predict much about Bitcoin unless there is a strong factor threatening it's usage which usually results in temporary dump.

If we are all optimistic here, I guess $84k is lesser than what we expect to see in the market. It could be $100k or above, that’s what we want to witness happening in the market. However, bitcoin price is highly volatile that makes it so unpredictable to anticipate a price. Reality is we can witness higher or lower than $84k, and we have no control of that. But if positive news and updates will consistently hit the market, then it’s highly possible for bitcoin price to achieve $100k at the year end or even higher than that.

Unfortunately, it is not easy to increase the price of Bitcoin to such an expensive price. $100k may require good news that can trigger investors and whales to buy more Bitcoin. The bias is that one year after the halving, the price of altcoins will rise and will most likely have a direct impact on the price of Bitcoin which will increase the price too.

[lixer]

In the latest video analysis, Crypto Banter predicts that Bitcoin could potentially reach $84,000 within the next six weeks. This forecast is based on recent Bitcoin closing prices surpassing key levels, indicating a strong bullish trend.
Key technical indicators, such as the lower RSI levels, support the bullish sentiment for Bitcoin. Bitcoin has been consolidating for 82 days, and breaking above $74,000 would signify the beginning of a new uptrend phase. All indicators suggest that, with strong technical analysis and market dynamics, Bitcoin could potentially reach $84,000 within six weeks.

If Bitcoin's price goes above $74k which is where the resistance is at the moment, I don't think it is going to stop at $84k or around that range. The whole market has been expecting Bitcoin to hit at least $100k this time around, and considering the increasing demand and the unfolding events of the industry, I don't think there will be anything stopping Bitcoin from achieving that.

All it needs is some momentum, and if it gets that momentum, and manages to go above $74k, then it will keep rallying up even after that, and it won't stop before it hits $100k because when retail investors will see the price going up, they will start jumping in as well, and we know the price starts going up more when there is more demand.