[Fun] Bitcoin going to $78000/$80000?

[Oshosondy]

You can noticed that bitcoin has been showing signs that it wants to make $70000 a strong support now as it is increasing back above $70000.

Will this hold and bitcoin will increase almost up to $80000 or more than $80000?

Or bitcoin will later still not get above $75000 and go back lower than $70000 as usual?

[Alpha Marine]

One way or the other, it would get you up to $80k. It's just a matter of "when".
Lately, with Bitcoin, you can't tell if it will go up to or go back below $70k, but since I'm mostly always bullish with Bitcoin, I think it will go up; it has been down long enough/
In my own prediction, I believe it will be around between $70k-$$79k a while before going above $80k. Just like it was before getting to $70k.

I still believe this year will not be a bad year for Bitcoin, despite how the first quarter of the year has been. Bitcoin will still go over $100k this year. There is still a very long time before the year comes to an end, and a lot can happen in 9 months. This doesn't mean it will continue appreciating, but ultimately, it won't be a bad year.

[Taskford]

You can noticed that bitcoin has been showing signs that it wants to make $70000 a strong support now as it is increasing back above $70000.

Will this hold and bitcoin will increase almost up to $80000 or more than $80000?

Or bitcoin will later still not get above $75000 and go back lower than $70000 as usual?

Hard to predict the possible outcome of the price of Bitcoin, but possibilities that it will go up in next following months if there's no new trouble that can directly hit Bitcoin.

But if there's sudden situation like the war happening on some country grows more bigger. Then it creates certain effect on Bitcoin especially to investor due to crisis effect of that situation. Maybe we can see some temporary decline and maybe we might gonna reach more lower than $70k. Hope issue stabilize and war also stop so people can start to focus on other activities also with their investment without worrying on negative matters.

[$crypto$]

It looks like bitcoin will be sideways in the $70K price range because that is the strongest support at least for this month, but I still find it difficult to predict how bitcoin will rise to $80K the reality is still unpredictable.

In the end bitcoin will drop below $70K again, people call this just bulltraps, the increase will not last long, at least that's my speculation.

[Jegileman]

I have been receiving notifications from my crypto apps all day about bitcoin hitting $70,000 continuously. This shows how strong that zone is that the market is unable to break through it to go below that price. I am anticipating a bounce back from that zone throughout this month of March, if at all a breakthrough occurs that pushes the price below $70K, we may be up to another bearish run in the market. I am well anticipating for a price sustainability between $70K- $75K.

[liasbaa]

You can noticed that bitcoin has been showing signs that it wants to make $70000 a strong support now as it is increasing back above $70000.

Will this hold and bitcoin will increase almost up to $80000 or more than $80000?

Or bitcoin will later still not get above $75000 and go back lower than $70000 as usual?

Surprisingly, the price of Bitcoin has been fluctuating very strangely for several days. Sometimes $69k or $70k or $71k. Just like a stable market attracts investors without showing any volatility. Perhaps this is a strong message that Bitcoin will rise soon and you need to accumulate regularly.

Even if the price does not fall too much due to global impact, if the war starts to end, it will have the possibility of crossing the ATH again. Some may predict that the war will last for a few more weeks or months but surprisingly the price of Bitcoin is not volatile.

The price is stuck at a strong level and most investors are maintaining their holdings and continue to accumulate Bitcoin and wait for the ATH to recover.

[Awaklara]

I am not so sure about this month. But hopefully I am wrong and Bitcoin can reach $80k before April. 
But my estimate is that Bitcoin might still be around its current price range. Right now, Bitcoin is trying to maintain its position at $70k and there will be a tendency to move sideways in the next few days. What we don't know is whether the market will be strong enough to start a pump to $75k or if it will instead move down.

[AakZaki]

Will this hold and bitcoin will increase almost up to $80000 or more than $80000?

According to my observers on the Technical side of $75000 - $80000 it is still too heavy to reach before passing the strong Resistance at the price of $73000. In the short to medium term I think that the price will have a correction, but on the other hand, if the price of $73000 continues to rise, it is not impossible to reach $80000.

I myself continue to accumulate at the price of $69500 - $70000 at least hoping there will be a short term breakout to take profits. If it can break out at the price of $71300 it will be much better.

[Gost ms]

I never predict the price of Bitcoin. Because whenever I predict the price of Bitcoin, I can get greedy. I try to stay away from the price of Bitcoin as much as possible. But the current bull market looks very good and seems to be going up consistently. At this time, it is impossible to say how far it will go. However, I expect that very soon I will exceed the highest price I bought Bitcoin at. It may take a long time but I have faith in Bitcoin.

If the price of Bitcoin reaches $80,000 right now, that would be great. But maybe we will see it above $75,000 by the end of this month. Let's see what happens in the market.

[promise444c5]

I’m seeing a projection towards 78~80k  if we could beat the 72~73k again..  But  for now I think we might still rally down to 65~67k . If the  78~80k comes faster than expected  then  MAYBE we might actually make use of the new bottom you mentioned. If all fails  and the mighty 62 ~63k fails as well then we might just take fall to the  third floor  . I don’t want that so I have to stay positive hoping it doesn’t happeN

[Die_empty]

It looks like bitcoin will be sideways in the $70K price range because that is the strongest support at least for this month, but I still find it difficult to predict how bitcoin will rise to $80K the reality is still unpredictable.

In the end bitcoin will drop below $70K again, people call this just bulltraps, the increase will not last long, at least that's my speculation.

With the way the conflict in the Middle East is going, I doubt that Bitcoin would get to $80k. Maybe if the war ends and crude oil returns to it'snormalprice , it might get to above $70k. My prediction is that there will be a pullback to less than $70k and the price will recover if the global economy stabilises. Short-term traders should buy with caution because we are in an unpredictable situation now.

[Jaycoinz]

You can noticed that bitcoin has been showing signs that it wants to make $70000 a strong support now as it is increasing back above $70000.

Will this hold and bitcoin will increase almost up to $80000 or more than $80000?

Or bitcoin will later still not get above $75000 and go back lower than $70000 as usual?

For me what I think is that Bitcoin is going no where for now because I believe it's just going to be revolving around the rate of 70k and 65k, all this small push is just temporary and I believe before the market reaches next week it's gonna correct back and stay inline of the price range of 65k-70k although not sure how long this actual movement will last but couple with al the things that currently happening in world especially with the war I don't see any green movement anytime soon.

[khiholangkang]

You can noticed that bitcoin has been showing signs that it wants to make $70000 a strong support now as it is increasing back above $70000.

Will this hold and bitcoin will increase almost up to $80000 or more than $80000?

Or bitcoin will later still not get above $75000 and go back lower than $70000 as usual?

I haven't seen it yet, the price of $70k is just a positive reaction and is just like a test level for bitcoin, if bitcoin wants to make the price of $70k as the next support level, it must ensure it can touch more than $75k, because we need a normal and stable movement figure above it, such as the price level of $60k, when bitcoin touched it yesterday, bitcoin bounced back and did not touch it again even with several shocks, well the case must be the same and it takes a long time to confirm that.

[STT]

80k is just the range since start of Feburary, in theory it shouldnt be that hard an achivement.
    What appears to be holding back the BTC price action right now is the 50 day moving average just overhead but of course 50DMA is merely an indicator not actual volume or resistance, however its a valid reflection of weakness in BTC still apparent.

I did vote yes on a quick basis, there is no certainty but its a perfectly probable possibility


Two days you can shorten this consideration down to, 5th Feb and also 4th March.   Why because the traded prices on 5th Feb has covered all the bitcoin trading ever since, we are engulfed in the price range and higher volume of that day.
  Bar 4th March when an attempt was made higher which did resolve lower and resumed this contained lower BTC price.

[Zaguru12]

With the way the conflict in the Middle East is going, I doubt that Bitcoin would get to $80k. Maybe if the war ends and crude oil returns to it'snormalprice , it might get to above $70k. My prediction is that there will be a pullback to less than $70k and the price will recover if the global economy stabilises. Short-term traders should buy with caution because we are in an unpredictable situation now.

The actual question is what kind of impact is the Middle East unrest actually causing to bitcoin I can see that you think that this unrest will affect bitcoin negatively but I doubt it because looking at the chart for the past two weeks which the war has started and the bitcoin market has actually moving in any direction throughout this particular period of uncertainty and that’s why we have seen nothing exciting in the market,

For me the war is actually positively affecting bitcoin at the moment and not negatively as explained because the price has grown since this war started and to my little knowledge of bitcoin price action I think the USD has some effects on bitcoin. The price effect is that as the Dollars faces crisis it increases demand for bitcoin, with the oil war many are wary of what will become of dollar and this is what drives the market in bitcoin,

My prediction is that if this war persists and the oil crisis continues I think the bitcoin market price will surely be growing because the Dollar which most pair their bitcoin with is decreasing with most people looking at the state at which the war will end, a reduction in dollar is a huge demand in bitcoin

[logfiles]

It depends on the time frame, is it within a week? A month? 3 months? If is within a week, then it is less likely. Something fascinating would have to happen for it to pump that fast from $70K to around $78-$80K.

I think we shall still hover below $74-75K for some time, probably keep going back to the $60ks, that sideways movement that is always boring to trade in.

[Jewan420]

Maybe we will have to wait a little longer for that. It is not difficult or impossible for Bitcoin to hit or exceed $80,000. However, it is impossible to say when it will happen, we cannot be sure about the timing.

Bitcoin has been regularly fluctuating at $70k and is using this price as a resistance. From here, it would not be surprising if we enter or exceed $80k very soon. It is difficult to say when Bitcoin will enter or exceed that price, but it is almost certain that it will enter.

[free-bit.co.in]

One way or the other, it would get you up to $80k. It's just a matter of "when".
Lately, with Bitcoin, you can't tell if it will go up to or go back below $70k, but since I'm mostly always bullish with Bitcoin, I think it will go up; it has been down long enough/
In my own prediction, I believe it will be around between $70k-$$79k a while before going above $80k. Just like it was before getting to $70k.

But the OP's question is about prediction before April.

I still believe this year will not be a bad year for Bitcoin, despite how the first quarter of the year has been. Bitcoin will still go over $100k this year. There is still a very long time before the year comes to an end, and a lot can happen in 9 months. This doesn't mean it will continue appreciating, but ultimately, it won't be a bad year.

When it comes to expectation and desire, I believe most people want what you want. Everyone is hoping this year will be a bull year, Bitcoin surpassing the $100k or even reaching ATH. But it is clear that when looking at the situation from the macro to the micro level, as well as the market history. This has not been a positive year

Moreover, we need to be realistic that no asset or market will grow forever. Bitcoin has experienced a prolonged bull market and has reached $126k. Therefore, it is not surprising that this year or next year could be the year of the bear

[JeffBrad12]

Looking very possible to me. The chart looks like it's about to create cup and handle, meaning it will retest the resistance.
If by any mean the price broke the resistance, it will go even higher, estimated time maybe by end of march or even sooner. Just my 2 cents.

[maydna]

The matter is the price need to break $72k first which is not easy to break. Will the price break $72k this time? We will see it later. But to go $73k need time especially global situation still hot. There is still possibility to see $75k-$80k soon.

But as we already see the price back below $70k some time after reach the temporary high price, that seems can also possible to happen. You don't have to believe on what people say as no one knows for sure.