xiaobu12345 (OP)
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July 09, 2024, 07:21:57 AM |
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Do you think Bitcoin will still rise above 60,000 this year, that is, in 2024? Or is it the case this year and then will continue to go down?
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Hatchy
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July 09, 2024, 07:37:21 AM |
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Are you speaking of 60k? Or something else. Because Bitcoin already past the 70k mark this year it's just experiencing some draw backs. It definitely will cross over the 60k mark again as the current price is still ranging 50k-58k. So there's nothing to be scared of. It might retest it's currently price mark abit but sooner or later it's going to move past the 60k mark once again.
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peter0425
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July 09, 2024, 07:38:14 AM |
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Do you think Bitcoin will still rise above 60,000 this year, that is, in 2024? Or is it the case this year and then will continue to go down?
So long as there are still people who believe in btc, it’s not going anywhere. The recent dumping of bitcoin prices was caused by external factors and not just perception of investors. Bitcoin dropped significantly because Germany was selling their bitcoin. This alone created a massive downturn which quickly worried a lot of investors making them sell their holdings as well. I still believe bitcoin can reach up to 100k before the year ends. Investing in bitcoin requires having a strong psychological foundation as to not be swayed by all the FUD running around. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Oshosondy
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July 09, 2024, 07:59:44 AM |
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We have just start the second half of this year some days ago. It is possible that bitcoin will get to $60000 before this year is over. I am not thinking of bitcoin getting to $60000. I am think of bitcoin getting to all-time high. All-time high is still very possible to become true for bitcoin this year.
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AVE5
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July 09, 2024, 08:01:40 AM |
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Do you think Bitcoin will still rise above 60,000 this year, that is, in 2024? Or is it the case this year and then will continue to go down?
We already have bitcoin within the range $57,000 + which could take the lead in approach to $60,000. I'm not going to sound too sure because in bitcoin, there had been several experiences that we get what we never expected in the price of bitcoin rather than the individual guessing and Speculations. So then I believe we bitcoin price will surpass that $60,000 with probability to meet new Ath before the year runs out but though I wouldn't say that's going to be the bull run but sure we may have the symptom just as when we gradually came across the current Ath of $73,000
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CryptoBuds
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July 09, 2024, 08:05:05 AM |
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Do you think Bitcoin will still rise above 60,000 this year, that is, in 2024? Or is it the case this year and then will continue to go down?
The gap between $55k$ and $60k$ is not too big and we are just over 5 months away from the end of the year. If you doubt that bitcoin cannot exceed $60k, then you are valuing bitcoin very low and you do not have any knowledge about bitcoin. It seems like you are not only new to the forum and you are also a new investor in the market? You should spend more time researching and learning everything about bitcoin instead of rushing to invest in it and starting to panic when it only drops a few hundred percent. Only knowledge will help you have confidence in bitcoin, if you only invest according to other people's advice it will not help you hold bitcoin until you make a profit. Take the time to gain knowledge instead of investing based on other people's advice.
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Kelward
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July 09, 2024, 08:21:07 AM |
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Do you think Bitcoin will still rise above 60,000 this year, that is, in 2024? Or is it the case this year and then will continue to go down?
Bitcoin has reached ATH price of over $70k this year and as of this moment the price is $57k, this goes to show you that it's a volatile asset. I'm however positive that Bitcoin price will rise above $60k in the shortest time and we can see a bull run where price will reach between $80k and $100k in this 2024. Nobody can accurately predict what the price of Bitcoin will be in the future because it's demand and supply that determines the price, that is why it's advisable to buy, hodl and wait. If you follow the Bitcoin historical pattern, bull run starts months after the halving, so don't worry or panic about the price dip, wait patiently for when price will start to skyrocket.
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tabas
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July 09, 2024, 08:48:44 AM |
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Do you think Bitcoin will still rise above 60,000 this year, that is, in 2024?
We've been there for this year and even more than that. And obviously, it will be back there before this year ends. Or is it the case this year and then will continue to go down?
Just make all of those situations possible to happen in our minds. It's possible to see a huge dip and it's possible to see it break new all-time highs before this year ends and so as going back to 2024. But I tell you what, I'd be more patient this time just like how I'd been patient during the bear market.
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Majestic-milf
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July 09, 2024, 09:07:21 AM |
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As at time of writing, Bitcoin is $57,647.30, just $2,363 shy of that mark so, yeah we will see it getting to $60k especially now that the Germans who were some how responsible for the dip in price as a result of their panic selling have stopped. Bitcoin is volatile. At the moment it's on the rise because as at Sunday it was $55k so there's the possibility that if all things remain as they are, we'd see price going up.
This topic will suit well in the speculation board, op.
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acroman08
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July 09, 2024, 09:14:58 AM |
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based on a pure assumption/speculation, yes, why not? I mean, just at the start of this month bitcoin reached above $60k so I don't really see any reason why Bitcoin would not reach above $60k again in 2024. that being said, it could still be possible that bitcoin will not reach above $60k again this year.
anyway, the thread should be on the speculation board.
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AprilioMP
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July 09, 2024, 09:42:46 AM |
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Do you think Bitcoin will still rise above 60,000 this year, that is, in 2024? Or is it the case this year and then will continue to go down?
First, move this topic to the speculation board because the speculation board is a suitable place to discuss opportunities for prices to rise, stay or fall. Second, for me the best year to wait for high prices is 2025. In 2024 there is still no direction where the movement will go even though I think prices above $70,000 have the opportunity to be achieved amidst the torrent of negative issues that are changing market behavior.
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The Sceptical Chymist
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July 09, 2024, 10:19:42 AM |
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It's anyone's guess ( just like everything else in this section having to do with price prediction).
When bitcoin was at a really low point at the end of 2022, I sure as hell did not expect a nearly uninterrupted rise to a new ATH--and yet that's exactly what happened. I didn't expect this recent dip down into the $50k range, but it's not exactly putting a lump in my throat. There's been no news that would account for the drop, so it's probably just traders taking their profits off the table, and that's what happens in a lot of markets.
In other words, nothing to see here. Bitcoin will most likely be back to $60k or above in no time, even if it has to go lower in the interim.
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Bd officer
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July 09, 2024, 10:41:12 AM |
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Do you think Bitcoin will still rise above 60,000 this year, that is, in 2024? Or is it the case this year and then will continue to go down?
I think we will definitely see Bitcoin price at $60k plus. There are still more than 5 months left in this year so I think Bitcoin will be over $70k again this year. Today Bitcoin price is $57,500 plus, hope to see $60k soon. Bitcoin price has not come down much. So don't be disappointed to see the market down, wait patiently, Bitcoin will come back to its previous position again.
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Mate2237
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July 09, 2024, 02:55:50 PM |
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Do you think Bitcoin will still rise above 60,000 this year, that is, in 2024? Or is it the case this year and then will continue to go down?
We look at the current price might movement and predict what will happen in the future and from the current price movement of $57,600 though it is coming down right now at the time of making tho thread, but bitcoin will still hit $60,000 before the year would end again and probably from next middle or toward the ending that the real bear market will start again. As it said bitcoin will go down below and rise again.
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yudi09
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July 09, 2024, 04:22:41 PM |
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Do you think Bitcoin will still rise above 60,000 this year, that is, in 2024? Or is it the case this year and then will continue to go down?
I can say it can rise above 60,000. I can also say the price will drop lower than 60,000 this year. The conclusion is that anyone can say anything about anything regarding the price of Bitcoin. For me, being too concerned about the price of Bitcoin is not good because Bitcoin is not an altcoin. Before 2024, in 2022 there will be the lowest price drop so that some people assume that the price will not rise again, in the end that doesn't happen because Bitcoin is now 57,000 which is close to 58,000.
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BABY SHOES
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July 09, 2024, 05:19:58 PM |
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Why not? IMO bitcoin could return to $60K before the year is over and also see some other speculation about bitcoin prices in August being much higher.
Even when there is a little spike again bitcoin can go to $60K because that price is close to now, more so never think about the price when it goes up you have to focus on buying if you believe bitcoin is going back up, so never regret it later.
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$crypto$
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July 09, 2024, 08:00:46 PM |
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Towards the end of 2024 it is still a long time, this is only the first half, meaning that with the remaining time bitcoin can still move anywhere we never know the truth, it's just that we are optimistic that bitcoin can exceed $70K before the end of this year.
Predictions of people calling $100K are still quite realistic at the end of 2024, even if this for example does not happen then there is still hope in 2025 where bitcoin is likely to be bullish, I don't care about the price now, this is because of the FUD of the government who continues to sell their bitcoin.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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el kaka22
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July 09, 2024, 08:14:31 PM |
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Honestly it already went over 57k, and I think it's looking good. Thinking "will it?" is quite pessimistic and I do not understand why people think like that at all, makes no sense to me. I have been always bull about bitcoin and I think it should look quite good at the end as well, we need to just focus on that and be hopeful about it, we can't really see any other way.
If you keep doubting bitcoin, then there is no reason why you should be invested into bitcoin, you are not going to get anything that profitable from it if you are not careful. I personally believe that the best way to approach this would be just focusing on how to make it better, and for that to happen you need to have hope regards the future of bitcoin as well.
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philipma1957
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July 09, 2024, 08:56:40 PM |
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Do you think Bitcoin will still rise above 60,000 this year, that is, in 2024? Or is it the case this year and then will continue to go down?
1) BTC is dead sell it all and quit this game. 2) BTC is going to the moon take a loan and let it ride. 3) be like JJG and DCA a small amount every week. Only look at the charts 1 time a month and hodl. take your pick op 1 2 or 3
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xiaobu12345 (OP)
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July 09, 2024, 09:55:38 PM |
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Do you think Bitcoin will still rise above 60,000 this year, that is, in 2024? Or is it the case this year and then will continue to go down?
Although in the long term, Bitcoin will rise to a very high level, and its starting point is good because it represents freedom and fairness. However, when the current price reaches fifty or sixty thousand, we will find that its price is too high. Well, it's not that I'm against Bitcoin rising to 100,000. I just mean that Bitcoin may first fall to 20,000 or 30,000 and then rise to 100,000. So for an investor, getting off now may not necessarily be a wrong choice for 2024.
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