So is 80k by may on the way?

[Lucius]

With complete lunatics making moves on a global scale, anything is possible. In a few hours the price could reach $80k, and in a week it could drop below $60k. The story with Iran is far from a happy ending (if there is one).

The issue I have is no one points out


Russia
Caspian Sea
Iran. all touch and access each other.


The size of a missile in a tube see photo below

which means almost any size boat can ship a nuke to Iran on the Caspian Sea
which means for the USA to stop Iran from nukes they need to have first done formal agreements with Russia and of course Russia would need to let us check every boat on the Caspian Sea big enough to carry 1 missile.

But no one anywhere points this out.

The strait was closed again, ships were being shot at, but for those who knew what would happen, this was a good opportunity to make money.

As for nuclear weapons, many have them, but only fools threaten to use them. Iran could theoretically acquire such weapons from China or Russia, but using them would cause the literal destruction of their country. The war continues and will not end anytime soon.

[Bigjoe33]

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.

Of course, it's Bitcoin and we all know how it is. It's up today, going heigher in few hours or days, and in few days, down it goes, and just like that. Naturally, Bitcoin is volatile, and this makes it difficult for us to be sure what it will become by may or down the road.

So, as it it, we really can't tell. Maybe more growth in price, maybe the same price, or just maybe a fall in price. It's volatile, and I can't really predict. We keep accumulating and HODLing

[Zaguru12]

All we are better off at this point is to speculate , sit back and watch how things goes, the only thing I recently thought of are those that are expecting it to return to 50k so that they can buy, lol, it's laughable because that's impossible.
If you can't take advantage opportunity now that the price is still very affordable, I wonder when will it be the right time to buy.

I think your assertion of bitcoin been unpredictable is actually right because bitcoin is actually one of those assets which is unpredictable, but I do not actually agree with your speculation either that $50k price is actually impossible to achieve. I will say a fall from the current ATH of $126k to $50k is actually not impossible when we look into the market history of bitcoin. We have seen even 80% fall from the ATH in a bearish period, although I don’t personally think it’s actually feasible to see such price fall again due to the reduction in volatility but at $50k that means the price has dropped around 60% of from its all time high and to be that is still feasible. Although the price action of the market doesn’t looks like we’ll break the support at $68k but this fall is not impossible in any way.

[Die_empty]

Of course, it's Bitcoin and we all know how it is. It's up today, going heigher in few hours or days, and in few days, down it goes, and just like that. Naturally, Bitcoin is volatile, and this makes it difficult for us to be sure what it will become by may or down the road.

So, as it it, we really can't tell. Maybe more growth in price, maybe the same price, or just maybe a fall in price. It's volatile, and I can't really predict. We keep accumulating and HODLing

The Bitcoin price dropped significantly today. The price is now 75,628 USD which is about 1,497 losses today. The news that Iran has opened the Strait of Hormuz contributed to the positive outlook in different markets. However, the recent development that Iran has reblocked the passage until the US ends its blockages has brought another problem to several industries. The Middle East is important to oil supply, so we might not see 80k by May until total peace is restored in the Middle East.

You are right, a drop in the price of Bitcoin is an opportunity to keep buying. This is because it is certain that the Bitcoin price will recover in a few years.

[STT]

The strait was closed again, ships were being shot at

Just when I thought I was out, they pull me back in! - Homuz boat captain  

To be fair, if it were just small arms to a ship of that size the open ocean would still be a greater threat but clearly its not conducive to any confident passage and we cant be too surprised its now declared closed.  

  So relative to BTC, also its a pullback but you could see this headlined by the graph price action beforehand anyway imo.   So its a pullback by numbers and news but you could have guessed as much, its not a setup exactly just predictable failure or in trading terms some profit taking.   What really matters and is always most important is the lows on the regular back and forth, holding the prior highs is still a positive even in a storm.

[Churchillvv]

For Bitcoin hitting 80k in may is no big deal because the gab in-between is not that much, however Bitcoin in recent time has always proven everything that his been better described off so it's very normal.

If you understand the machinations of bitcoin you will understand that op did not just ask the question or create the thread because he did not know the gap between 80k and the current price but because bitcoin can sometimes see light and decide to make declines which goes against the general expectations however, we are caught up in a guessing situation with no clear direction which bitcoin will head next but I want to believe that for the next two weeks bitcoin should be able to perform better or maybe maintain a stable fluctuation.

[rbynxx]

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.

Nah, pullbacks will be back. lol

I think there's a gap in there that needed to be filled but I think when that happen we will gonna pullback but not in a negative manner. Accumulation will probably linger for a while.

[Powerjumboo]

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 reaching $80,000 is not far away. We have seen Bitcoin price above $78,000 in April, but I can say that Bitcoin price may go above $80,000 by April, but I cannot say whether it will be able to maintain that position from there because Bitcoin price has risen several times before and could not maintain that position. However, if it can create a strong zone within $80,000, then I think Bitcoin price will be above $80,000 within may month. However, my prediction is based on my guess, let's see how much space my guess can take.

[alankasman]

Bitcoin price reaching $80,000 is not far away. We have seen Bitcoin price above $78,000 in April, but I can say that Bitcoin price may go above $80,000 by April, but I cannot say whether it will be able to maintain that position from there because Bitcoin price has risen several times before and could not maintain that position. However, if it can create a strong zone within $80,000, then I think Bitcoin price will be above $80,000 within may month. However, my prediction is based on my guess, let's see how much space my guess can take.

The price has been hovering around $70,000 and above for a long time having previously remained below $70,000. Therefore when the price increases like this there are certainly many things that must be done by all parties while the price remains below $70,000. One of them is that if many people are currently buying they have certainly reaped some profits. However the problem is not about the profits but when our financial position is stable don't delay accumulating the additional amount of Bitcoin we need to own. The current obstacle is that some people have the mentality to dare to buy Bitcoin but they are slightly lacking in their capital to be able to do so so the price momentum will not always be predictable as it is now.

I see that this week the price is still holding above $70,000, especially at the current hour it is at $75,000 even though yesterday it rose to $78,000, meaning what I need to convey is that everyone's estimate of the market price cycle will increase again in the next few weeks, but this is a form of someone's desire to see the increase that occurred this week so that this is very helpful for us when our position is sometimes in a very difficult situation but with the increase in prices that occurred in the market people will make a small sale to be able to enjoy the benefits of investing for several years they have been holding back from selling and I think it is appropriate if someone does something like what I said because sometimes starting from a price of $65,000 someone holds back from selling the amount of assets stored but when it is like this of course it is the right step in my opinion because it is the fruit of the results of patience carried out by that person so that the achievement of patience may be the time to sell a little with the amount that has been collected.

[imthegreat]

While large capital and ETFs were buying out drawdowns, retail was actively shorting on each new rise.
The levels from which the crowd was looking for a downward reversal gradually rose throughout April: from $69k to $72k/75k.
This behavior often supports growth. Each new lift creates: Elimination of shorts,  forced overcharges are higher,  FOMO for those who were waiting for a rollback.
Therefore, the market may grow longer than most skeptics believe.
After a strong week, the market may take a break.
There is no ETF flow on weekends and less institutional liquidity.
And as long as the retailer has a preponderance towards Shorts, the big players do not need to push the market down.
There are no specific drivers in the crypto market right now, and the price dynamics will largely be determined by the news.

[Olatundespo]

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.

Speculation can be made in many ways but in most cases it does not reflect the reality of the price of Bitcoin, yet it was expected that the war in the Middle East would end. The possibility of a ceasefire agreement is not yet confirmed. As a result of the US blockade, Iran has closed the Strait of Hormuz again and the market is starting to be unstable again.

There were credible signs of an end to the war. The world's capital markets were starting to calm down but the instability has started again. The price of Bitcoin is correcting a little more. I think the two sides will soon reach a peaceful solution. The price of Bitcoin will exceed $80k this month.

[MarjorieZimmermanGinger]

The surge in Bitcoin to $78k is believed to be due to Iran's announcement of the full opening of the Strait of Hormuz, and has nothing to do with Bitcoin payments. So far, there have been no new updates on that matter.

As can be seen, Bitcoin’s price is being influenced by developments in the war. Therefore, whether it can reach $80k or even higher will depend on how the war unfolds.

Although not directly related to the implementation of toll fees using Bitcoin, I believe it has a little to do with the issue.. A sudden rise in Bitcoin must be due to something influencing it, as it's impossible for the price of Bitcoin to rise in such a short period of time without any other factors. If the price increase were solely due to the developments in the war, it should have occurred last month, which is why I assume it's related to the implementation of Bitcoin toll fees.

After the failure to reach an agreement and Iran's re-closing of the Strait, we can see that Bitcoin's price movement has been unable to break through $80,000. For the future journey, it will probably be much more interesting whether the price will rise again or actually fall again in the same period as before and that is still quite speculative to predict.

[Minor Miner]

The surge in Bitcoin to $78k is believed to be due to Iran's announcement of the full opening of the Strait of Hormuz, and has nothing to do with Bitcoin payments. So far, there have been no new updates on that matter.

As can be seen, Bitcoin’s price is being influenced by developments in the war. Therefore, whether it can reach $80k or even higher will depend on how the war unfolds.

Although not directly related to the implementation of toll fees using Bitcoin, I believe it has a little to do with the issue.. A sudden rise in Bitcoin must be due to something influencing it, as it's impossible for the price of Bitcoin to rise in such a short period of time without any other factors. If the price increase were solely due to the developments in the war, it should have occurred last month, which is why I assume it's related to the implementation of Bitcoin toll fees.

You missed one thing: Bitcoin was not the only market that rose after that news. The stock market and gold both rose, and only oil fell in price after the news was released. If you think Bitcoin's rise is due to related to the implementation of Bitcoin toll fees, what is driving the stock market's increase?

Furthermore, because the United States has blockaded the Strait of Hormuz, very few ships are allowed to pass through. In other words, it is still closed. So, I even doubt Iran's plan to use bitcoin will succeed.

[FanEagle]

Not sure yet. I can see why people assume that it could happen, and there is a chance that it could hit a bit above and go back down as well. But the part I am not sure is the part where it could go above 80k level and stay there for a long time, or keep going higher.

I do not see a bull run coming up, I do not think that we will pass that level and keep going higher. What will happen is either we are going to not even reach that level and go down, or maybe just hit it barely and then go back down afterwards. I could be wrong of course, but there is no scenario I could see that it could continue to go up and up and up for a long time and have a bull year, that doesn't feel like the best situation at hand right now.

[Kelward]

Many speculators are always very positive anytime there is a little uptrend after price looks like it will keep increasing and seeing price at $77k gave that false hope again and the prove of it is that it has retraced to $74k now, I'm sure that some of that bullish hype has gone down. It is possible for price to reach $80k in May, but we shouldn't count on it that it must happen because it likely wouldn't. I hold this pessimistic view because I believe that we are still in bear run and as long as we're still in it I don't expect a bullish trend yet. Speculations are guesses and wishes for where we want or wish future price to be so we should take them as fun of market predictions. I don't think that $80k is possible in May, but if it happens I will still be glad to see it.

[philipma1957]

Many speculators are always very positive anytime there is a little uptrend after price looks like it will keep increasing and seeing price at $77k gave that false hope again and the prove of it is that it has retraced to $74k now, I'm sure that some of that bullish hype has gone down. It is possible for price to reach $80k in May, but we shouldn't count on it that it must happen because it likely wouldn't. I hold this pessimistic view because I believe that we are still in bear run and as long as we're still in it I don't expect a bullish trend yet. Speculations are guesses and wishes for where we want or wish future price to be so we should take them as fun of market predictions. I don't think that $80k is possible in May, but if it happens I will still be glad to see it.

negative bear talk bro.

the reality is today is april 19 this means if it gets to 80k on may 30th and stays at 80k on may 31st its a win.


we all know down can happen.

we also know some dumped at 110k and hope to buy at 40k

maybe that is what you did.


my thoughts are this there is no reason for the downturn other than big owners or whales fucking with the price.


btc will zero out or win out in 20-25 years.

dca and hold .

stack and hope.


mine and hold


what ever you do just do not over extend yourself.

[l99l]

I'm not entirely sure, but I think the current situation is on an upward trend, or at least that's how it feels.
Again, depending on what's happening in the world, it could suddenly crash, as has always happened before. If there are no setbacks like there have been, it will likely go above 80k in May and stay there we're very close to that. There's one last resistance level left, and breaking through that could be imminent.

[kawetsriyanto]

So we are at 77k today.

BTC price crossed $78k in April 17. Unfortunately, it dropped again below $75k recently. It is like the previous pump, the price increased around $4k-$5k, then there is a correction.

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

It is possible if Bitcoin price can stay above $75k for quite long time. However, I doubt it if Bitcoin drops again below $70k. Sure, $80k is very near from $78k, but it doesn't mean very easy to reach in the near future. Sometimes, there is a massive correction and sideways after the pump. This can make it to be a longer time to reach the next target of Bitcoin price ($80k).

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

I picked "Maybe".
Even if it is getting closer to $80k, there is no guarantee to achieve it soon.

[STT]

Owch bad close to the weekly bar.   We lose the mid march pricing and hope somehow that weekly bar close on the Sunday doesnt matter.  Monday markets opening just after could be more important volume but arguably Japan is trading BTC already right now even while its Sunday.   I know some assets do trade the next week price even while BTC is listed as trading the last week hence I include some of that future week in this candle close and its not a positive look right now :/

[DanWalker]

I think the two sides will soon reach a peaceful solution. The price of Bitcoin will exceed $80k this month.

Based on the latest news I have read, it seems like that wont happen anytime soon. There is still no information on whether a second round of peace talks will take place, while the 2 week ceasefire is scheduled to end in two day. There are still many disagreements between the two sides regarding the peace agreement.

Regarding Bitcoin, while the battle wont end anytime soon, the possibility of it reaching $80k is not impossible. Because war is not the only factor affecting the market. However, as we all know, Bitcoin generally doesnt perform well in an unstable economy. Furthermore, the bear market is not yet over, so we shouldnt set our expectations too high.