So is 80k by may on the way?

[kawetsriyanto]

Looking at the funding rate which is still negative and with Bitcoin currently sitting at $78k, I’m very confident that we’ll see $80k soon, either in the last week of April or the first week of May. I expect Bitcoin to trade above $80k in May before deciding whether to break higher or not and probably we could see it ranging again between $70k and $85k.

Yep, it seems quite realistic to expect Bitcoin crossing $80k in week 4 of this month or in the early of the next month. Today, Bitcoin price can stay around $77k-$78k, it is a sign that Bitcoin price still has a power to continue its raise. Usually, Bitcoin will fall about $3k-$5k if it won't have a power to pass the next price target. Well, I agree that Bitcoin price may drop again to $70k even if Bitcoin will cross $80k. We must always remember that we are in bearish season. 

Right now there are heavy sell wall on $80k, usually it won't last long if majority will keep thinking that this Bitcoin pump is fake  .

It will be easy to break if there is a fundamental factor to trigger the raise on Bitcoin price. No doubt that many people think it is a fake bullish, but they also expect for the further of uptrend. You are probably right that the pump won't last a long time after it reaches the targeted price.

I agree, it is too early to say that the bear market will end in April just because Bitcoin has reached $80k, or even higher. We should not be complacent or rush to longterm conclusions based solely on shortterm movement.

Exactly, it is just a hasty decision to say the end of bearish market at this month. IMO the current pump isn't the sign of the end of bearish, it is probably a temporary raise.

[Accardo]

I think it's quite possible that we'll definitely see Bitcoin above $100,000 by the new year, at the very least.

That is if bitcoin could resist at 80k at the end of next month, the price is not dropping fast, it stepped down a little bit by 0.13% after hitting 78,374 in the last 24hrs and went down to 77,321, then is down to 77,624 after sitting at 77694 in the last 10-20 minutes. At the moment 77k isn't safe yet, the price could go down to 75k, then bounce up to 80k and stay there for the month of May.

[Adams0001]

I think Bitcoin will hit $80k in the near future, the only reason it hasn’t happened yet and Bitcoin has dropped again is that it just hit the key daily level at $79k, which is what’s holding the price back. Perhaps if the daily resistance level were at $80k, we would have already seen that price reached by now. Another interesting point is that if Bitcoin rises again and successfully breaks out, this will be an exciting moment for holders as Bitcoin will aim for even higher prices at the next resistance level.

Bitcoin price change frequently we can't be predicting the market right all the times and we will be hearing different opinions, about bitcoin. because we don't know exactly price he will go next some will says the price will drop down, and some can say he will raise days or probably months. But we all no that we can't predict bitcoin we can just be sharing opinions that we noticed in the market. As a newbie that are ready to invest in bitcoin the best thing for them is to invest without hearing opinions from others because you won't hear good positive all so just make your own research and start your journey without anyone asking you to do that.

[LastKiss]

Right now there are heavy sell wall on $80k, usually it won't last long if majority will keep thinking that this Bitcoin pump is fake  .

It will be easy to break if there is a fundamental factor to trigger the raise on Bitcoin price. No doubt that many people think it is a fake bullish, but they also expect for the further of uptrend. You are probably right that the pump won't last a long time after it reaches the targeted price.

Source: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm

I think we’re going to wait for the FOMC. Usually, there are big moves either up or down and that could be enough of a catalyst for Bitcoin to move higher and break that $80k sell wall if the news is good enough. Bitcoin consolidating below resistance is often a sign that it’s preparing for a big move in either direction and at this point, it almost feels like a gamble on which way it will go.

[bitgolden]

When votes are this close, being in the market is very scary. I understand that we may not be looking at this like it's something that we know what is going to happen, this is why I honestly think that we should not be really looking that great to be making decisions now, because it would not feel like the best place in the world, it really doesn't feel that great at all.

For all these reasons, I have been waiting, either up or down, I am waiting before it makes confirmation so that I can decide about the future.

[Bit-Mj1014]

‎I think there is a high chance that we up to $80k despite the fact that, spot Bitcoin etfs had seen a rebound in inflows, signaling that big players are buying the dips, but recent news regarding a potential extension of the U.S Iran ceasefire has eased market fears.
‎And we also going into new quarter of the year, we just have to be optimistic.
‎
‎https://finance.yahoo.com/markets/crypto/articles/bitcoin-price-prediction-april-btc-145839083.html?guccounter=1&guce_referrer=YW5kcm9pZC1hcHA6Ly9jb20uZ29vZ2xlLmFuZHJvaWQuZ29vZ2xlcXVpY2tzZWFyY2hib3gv&guce_referrer_sig=AQAAAKtnM_tS6QYXf8n7CYJ5TdcZfBzuxFPN_oKD4vcZh9MKEkCutrqMx2a7HBrOZiPIqDg32tBTeJOUmHZiL7WGKC8SheVwN76b3urj8mmrMuKALDd-TYb3eUJV8DlfXnENsc1DUagdJfQn5QTy6hUSg-13ljPWz0Po1PaDgy3NpswN

[Agbe]

So we are at 77k today.

Do we get to 80k in May and stay over it.

I went for 5 baby bull will grow over 80k in may.

In my analysis and prediction,  bitcoin supposed to do down this month of April and not to rise base on the previous analysis but it seems that things are changing right now and in the Month of May things might go positive and since now that the price is 78$k to 79k, it will hit $80k in the Month of May. But that will be a probability movement because I am still suspecting that the price might come down again in May.

[Marvelockg]

I think it's quite possible that we'll definitely see Bitcoin above $100,000 by the new year, at the very least.

That is if bitcoin could resist at 80k at the end of next month, the price is not dropping fast, it stepped down a little bit by 0.13% after hitting 78,374 in the last 24hrs and went down to 77,321, then is down to 77,624 after sitting at 77694 in the last 10-20 minutes. At the moment 77k isn't safe yet, the price could go down to 75k, then bounce up to 80k and stay there for the month of May.

If at the start of may we are able to see bitcoin crossing the $80k resistance, then that's a really good achievement for bitcoin and from that point, even if the month of may only ends along the middle point of $80k or gets close to $90k, it still gives investors a sense of assurance that we are headed to the road to $100k again.

From $77k to $80k doesn't take too long for bitcoin to cross and on a normal day, it might just take a couple of days or two days for bitcoin to cross such resistance. The delay might be Thier before it eventually happens but the certainty is that it will eventually happen.

[bubilas]

When votes are this close, being in the market is very scary. I understand that we may not be looking at this like it's something that we know what is going to happen, this is why I honestly think that we should not be really looking that great to be making decisions now, because it would not feel like the best place in the world, it really doesn't feel that great at all.

For all these reasons, I have been waiting, either up or down, I am waiting before it makes confirmation so that I can decide about the future.

Describing Bitcoin's morning movement, I'd say it weakened after briefly reaching a twelve-week high, as the initial boost from the news of a new Iranian proposal regarding the Strait of Hormuz gave way to general caution regarding risk assets. Bitcoin has performed well since the start of the war between the US and Iran. But after a brief rally, it stalled, and news of the resumption and termination of negotiations continues to drive fluctuations in oil prices and risk assets. The risks are real, the chances of a peace agreement between the US and Iran are in tatters, and this macroeconomic uncertainty could lead to a revaluation of risk assets overall. And $80,000 is a level that many recent buyers are approaching. It's precisely at this level that selling pressure typically builds as they close out their positions.

[imthegreat]

When votes are this close, being in the market is very scary. I understand that we may not be looking at this like it's something that we know what is going to happen, this is why I honestly think that we should not be really looking that great to be making decisions now, because it would not feel like the best place in the world, it really doesn't feel that great at all.

For all these reasons, I have been waiting, either up or down, I am waiting before it makes confirmation so that I can decide about the future.

Describing Bitcoin's morning movement, I'd say it weakened after briefly reaching a twelve-week high, as the initial boost from the news of a new Iranian proposal regarding the Strait of Hormuz gave way to general caution regarding risk assets. Bitcoin has performed well since the start of the war between the US and Iran. But after a brief rally, it stalled, and news of the resumption and termination of negotiations continues to drive fluctuations in oil prices and risk assets. The risks are real, the chances of a peace agreement between the US and Iran are in tatters, and this macroeconomic uncertainty could lead to a revaluation of risk assets overall. And $80,000 is a level that many recent buyers are approaching. It's precisely at this level that selling pressure typically builds as they close out their positions.

Recently, the derivatives market has continued to see a trend toward buying pressure. For example, the current 30-day net volume was $145 million. This figure has remained positive for nearly two months. Positive buy-side volume indicates market optimism, as participants are continually investing. As a result, total futures volume has recovered from $51 billion in early April to $67 billion, an increase of more than $16 billion. Higher volume traditionally indicates increased trading activity, which, in turn, often precedes larger price movements. During this cycle, each time the market transitioned from active selling to buyer dominance in the derivatives market, Bitcoin responded positively. It is also noted that, based on previous market history, Bitcoin's upward momentum could continue, pushing Bitcoin toward the $80,000 mark.

[summonerrk]

$80k and above is clearly a bullish forecast, and it will remain so if derivatives buying volume remains flat or increases. However, that's not all. In addition to increased buying activity, the Bitcoin market is also heavily leveraged. For example, the leverage ratio has risen from 5.8 to 6.3, a sign of increased market activity. At the same time, total open interest has risen to $130 billion, further confirming increased capital inflows into derivatives. As Bitcoin's price rises, the leverage ratio suggests that the market's prevailing upward momentum may be largely driven by leverage. This means that traders have been taking large, risky bets, exposing the market to greater volatility. Leverage increases have often occurred after sudden price drops, as small price movements lead to increased liquidation volumes. But despite the increased leverage and associated risk, Bitcoin's bullish trend remains intact.

[Popkon6]

So we are at 77k today.

Do we get to 80k in May and stay over it.

I went for 5 baby bull will grow over 80k in may.

Since the price of Bitcoin is slightly below $80K, the price of Bitcoin can touch $80K at any time. Since we have reached almost the end of April, the price of Bitcoin has touched $79.4K at this time, so if there is a slight push, the price of Bitcoin will touch $80K. So of course we can expect good opportunities in the future and on that opportunity the price of Bitcoin can touch $80K, not only that, but I think it will touch close to $100K in May.

[bangjoe]

$80,000 is certainly achievable, but I don't think it will last long because we have resistance there. If there's no further upside potential, we'll likely see a downward correction to test the established support level. This polarization often occurs in Bitcoin price movements during bearish market conditions. Holding above $80,000 for a week is a very attractive and positive position. However, we know Trump often issues ultimatums and sudden policies that affect market sentiment, causing investors to start trading again.

Remain cautious despite your confidence. Don't overestimate your expectations; stay realistic, and keep accumulating your Bitcoin for a much brighter year ahead.

[STT]

So its backed away from the target but this too can be a good resolution so long as BTC holds the support I'm seeing possible.  Its not certain but the positive outcome would be a 75k support line confirming as active.  This was the low of two weeks ago and was some ceiling for a while.
   
 When Bitcoin confirms its support and refuses to sell or failure to the downside is what I'd call it.  Then you can have a proper race upwards, alot more confidence can exist when traders feel the bottom price is in.

[Bitcoin_people]

The way we have seen the Bitcoin market change its candles every month, we are optimistic that it is likely to exceed $80k in May. At the end of April, the Bitcoin market touched $79k, many thought that it would touch $80k very soon, but it did not happen. Currently, the market may have temporarily fallen for everyone and the market candles have a downward red light. Since May is not long to come, and we are optimistic that the Bitcoin market will definitely be between $85k and $90k at that time.

[Bobrox]

The way we have seen the Bitcoin market change its candles every month, we are optimistic that it is likely to exceed $80k in May. At the end of April, the Bitcoin market touched $79k, many thought that it would touch $80k very soon, but it did not happen. Currently, the market may have temporarily fallen for everyone and the market candles have a downward red light. Since May is not long to come, and we are optimistic that the Bitcoin market will definitely be between $85k and $90k at that time.

Three days left for the May and current bitcoin have little correction to $77k but still optimistic for bitcoin will reach $80 for next month, I think how faster bitcoin reach higher price last three days ago and likely not difficult from current price break out above $80k. Last three days ago, Bitcoin most higher price reached to $79k and too close back to $80k for the first time after few months waiting for bitcoin get dump significant.
All positive speculation about bitcoin depend on how bad or good news will release between high intention United State and Iran, if both countries reach good decision will make bitcoin pump how did last week and bitcoin not difficult hit to higher.

[Alpen]

So we are at 77k today.

Do we get to 80k in May and stay over it.

I went for 5 baby bull will grow over 80k in may.

I was counting on Bitcoin hitting $80K back in April. Instead, I'm watching the price slide, despite the US-Iran ceasefire and new highs on the NASDAQ.

If Bitcoin isn't reacting to such obvious catalysts, it means it's weak and institutional money is flowing right past crypto. And in May, the stock market tends to dip seasonally, so the Bitcoin sell-off will only intensify.

[cocadalcan]

So we are at 77k today.

Do we get to 80k in May and stay over it.

I went for 5 baby bull will grow over 80k in may.

Bitcoin price is showing signs of a bullish trend. But this situation is likely to improve as the global situation seems to be calmer. Both sides are making strong efforts to end the war. A peace proposal has been made by Iran and the US is reviewing the matter.

Preparing for a bull run from next May and will probably reach $100k by next month.

[Rgram]

Since the price of Bitcoin is slightly below $80K, the price of Bitcoin can touch $80K at any time. Since we have reached almost the end of April, the price of Bitcoin has touched $79.4K at this time, so if there is a slight push, the price of Bitcoin will touch $80K. So of course we can expect good opportunities in the future and on that opportunity the price of Bitcoin can touch $80K, not only that, but I think it will touch close to $100K in May.

On the contrary, it has dumped a little further in today. At the time of writing this, the price of Bitcoin is well around $76.1k although, we all know it could change its direction any moment with any news update but, I don’t expect any in this week and Bitcoin can continue to move in a ranging market with the $80k being its pick for the remainder of this month and possibly, till the first week of next month with that running into the weekends. So, we might not getting any good move towards the bears till on Monday perhaps.

[philipma1957]

Since the price of Bitcoin is slightly below $80K, the price of Bitcoin can touch $80K at any time. Since we have reached almost the end of April, the price of Bitcoin has touched $79.4K at this time, so if there is a slight push, the price of Bitcoin will touch $80K. So of course we can expect good opportunities in the future and on that opportunity the price of Bitcoin can touch $80K, not only that, but I think it will touch close to $100K in May.

On the contrary, it has dumped a little further in today. At the time of writing this, the price of Bitcoin is well around $76.1k although, we all know it could change its direction any moment with any news update but, I don’t expect any in this week and Bitcoin can continue to move in a ranging market with the $80k being its pick for the remainder of this month and possibly, till the first week of next month with that running into the weekends. So, we might not getting any good move towards the bears till on Monday perhaps.

yeah but this type of news about opec may mean something as it is really unusual.

https://www.yahoo.com/finance/sectors/energy/articles/united-arab-emirates-says-leave-123455272.html

"United Arab Emirates says it will leave OPEC, a blow to the oil cartel"