So is 80k by may on the way?

[summonerrk]

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.

The price of Bitcoin has come close to a large gap near the 80,000 mark.
Well, this has already become such a resistance, although the 80,000 mark itself is already a priori a reason for the activation of both bulls and bears. There's nothing you can do, the market loves round numbers like that. While the rhetoric that affects the markets, I'm talking about the Middle East, is far from ideal, I see that a new gap has been organized since the start of trading on Monday.
I've heard that 95-97% of these gaps are closing. In my opinion, this is the only indicator that can predict the price in one way or another. But again, no one can be absolutely sure, since 5% of the gaps are not closed anyway. However, statistics are an inexorable thing.

[bubilas]

The price of Bitcoin has come close to a large gap near the 80,000 mark.
Well, this has already become such a resistance, although the 80,000 mark itself is already a priori a reason for the activation of both bulls and bears. There's nothing you can do, the market loves round numbers like that. While the rhetoric that affects the markets, I'm talking about the Middle East, is far from ideal, I see that a new gap has been organized since the start of trading on Monday.
I've heard that 95-97% of these gaps are closing. In my opinion, this is the only indicator that can predict the price in one way or another. But again, no one can be absolutely sure, since 5% of the gaps are not closed anyway. However, statistics are an inexorable thing.

The moment that concerns institutional investors is the crypto etf, and we must admit that in recent days there has also been general greed, euphoria, whatever you want to call it. On Saturday, we received a record influx in recent times, not in total, but in recent times. 663 million.
I don't remember such numbers for a long time. Roughly speaking, such a risky asset as Bitcoin scattered like hot cakes on Friday. Many companies have added bitcoins to their coffers, from Microstrategies to some little-known companies. And, by the way, if you take a company like Tezer, for example, it also bought almost 1,000 bitcoins on its balance last week. It's also a small sign.

[Samlucky O]

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 guess we will see $80k in may and stay over it from the look of thing. there are sign proving it possibility even though we are not really sure but i believe so. there was a place i said it earlier in this speculation board that we may see $80k as a starting price of may but however the sign are beginning to unmask itself. we have seen 77k and droped to 74k but we are still not far from $80k, it is possible.

[SatsPH]

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 guess we will see $80k in may and stay over it from the look of thing. there are sign proving it possibility even though we are not really sure but i believe so. there was a place i said it earlier in this speculation board that we may see $80k as a starting price of may but however the sign are beginning to unmask itself. we have seen 77k and droped to 74k but we are still not far from $80k, it is possible.

Resistance. We might encounter it obviously as we have seen that in $75k, and usually this round numbers are hard to break, unless their is a big push, like a positive news that will make the market excited again and buy.

So let's see what's await us, looking at the market and the sentiments, it looks like very positive.

But everything is still up to the Middle East war, the ongoing conflict is really affecting us for the better or worst.

[EarnOnVictor]

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

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

I wasn't surprised that Bitcoin rose to about $78,400 in April, as the pattern that created this bullish momentum had started it since March. I knew a good thing could come out of Bitcoin when it closed the month positive, and when April started painting a bullish price action, what can anyone expect?

All these are happening above a strong support of the EMA50, which makes it very important and strong. As for your question, oh yes, as long as Bitcoin maintains a positive price action above the EMA50 level as you can see on the chart above, the $80,000 shouldn't be a problem between now and May.

[Smack That Ace]

i guess we will see $80k in may and stay over it from the look of thing. there are sign proving it possibility even though we are not really sure but i believe so. there was a place i said it earlier in this speculation board that we may see $80k as a starting price of may but however the sign are beginning to unmask itself. we have seen 77k and droped to 74k but we are still not far from $80k, it is possible.

Yes, the gap is not that big, Bitcoin could absolutely reach $80k. But I'm quite skeptical about the claim that it will stay above that level.

The market is inherently volatile and influenced by macroeconomic and geopolitical factor. Unfortunately, those thing are beyond our control. Therefore, rushing to make statements about the market in the medium and long term only shows that we are relying on emotions rather than analysis and data.

I do not rule out the possibility of Bitcoin reaching $80k because, as I mentioned earlier, the gap is not too large. But I still believe the bear market is not over yet, and we are more likely to see a decline rather than a continued move higher.

[michellee]

The drop comes and push the price to go down. The price is back to $74k level and still difficult to predict where it will moves. But I vote Maybe if that is about May although I am not sure that will happens especially if the price getting another push to down.

Whether if the price is down for more, reverse to the up price or even reach $80k in May, you don't have to worry but still on your track accumulating more.

If you think selling on every high price is good, you can follow your plan while you also buy back and hodl. Don't just listen to others prediction but trying to analyze by yourself so you know what is happens.

[BluebloodCXVI]

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 can’t explicitly say that $80K in may is not possible, but I think it’s a bit too optimistic. Currently, the $75K–$80K zone is in strong resistance, and sellers tend to take profits around that point and this can make price to slow down. Now on top of that, momentum isn’t very strong right now because bitcoin is more in a sideways phase than a full breakout.

So even if it might hit $80K eventually, I feel that it might take longer than May to reach the level.

[Danica22]

I can’t explicitly say that $80K in may is not possible, but I think it’s a bit too optimistic. Currently, the $75K–$80K zone is in strong resistance, and sellers tend to take profits around that point and this can make price to slow down. Now on top of that, momentum isn’t very strong right now because bitcoin is more in a sideways phase than a full breakout.

So even if it might hit $80K eventually, I feel that it might take longer than May to reach the level.

The difference between $75k and $80k is only about $5k. I do not think expecting Bitcoin to rise 6% is overly optimistic. That is not a huge increase for a volatile asset like bitcoin.

Bitcoin could very well reach $80k in the coming days. But the question is whether it will stay at that level or fall again afterward. That is what many people are interested in, not whether Bitcoin can reach $80k or not.

[BluebloodCXVI]

I can’t explicitly say that $80K in may is not possible, but I think it’s a bit too optimistic. Currently, the $75K–$80K zone is in strong resistance, and sellers tend to take profits around that point and this can make price to slow down. Now on top of that, momentum isn’t very strong right now because bitcoin is more in a sideways phase than a full breakout.

So even if it might hit $80K eventually, I feel that it might take longer than May to reach the level.

The difference between $75k and $80k is only about $5k. I do not think expecting Bitcoin to rise 6% is overly optimistic. That is not a huge increase for a volatile asset like bitcoin.

Bitcoin could very well reach $80k in the coming days. But the question is whether it will stay at that level or fall again afterward. That is what many people are interested in, not whether Bitcoin can reach $80k or not.

I’m not disagreeing that bitcoin won’t hit $80k what I’m saying is that, for that to happen in May, there would need to be a stronger momentum/buying pressure in the market and a clear break above the $75k-$80k resistance. So my point now is that, based on the current market conditions ,the market strength hasn’t really shown up yet but if it eventually does show up, then yeah $80k in May might actually happen .

[pawel7777]

The difference between $75k and $80k is only about $5k. I do not think expecting Bitcoin to rise 6% is overly optimistic. That is not a huge increase for a volatile asset like bitcoin.

Bitcoin could very well reach $80k in the coming days. But the question is whether it will stay at that level or fall again afterward. That is what many people are interested in, not whether Bitcoin can reach $80k or not.

The greater the marketcap the lower the volatility should be. Bitcoin is not anywhere near as volatile as it was in its infant stage and is getting closer to stocks and commodities in terms of stability.
But yeah, going up by 6-7% in the short term wouldn't be anything unusual for any class of asset, but the hard part is that Bitcoin should be in the bear market now (according to the 4-year cycle pattern) and this is what makes $80k hard to achieve. I think the majority of the market expects it to go below $70k rather than above $80k, so breaking this sentiment is the tricky part to overcome.

[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.

The price of Bitcoin will definitely rise if there is a global frenzy, because the world is full of fear now. Due to this war between Iran and the US, there is a lot of talk and fear around the world, and the suffering of oil has made people suffer. The price of Bitcoin has the potential to go above 80k dollars at any time, and there is also a possibility of falling below 70k dollars. So anything can happen to the price of Bitcoin in a moment.

[tygeade]

I think it is very much possible if we maintain the same momentum. Price is hardly dipping anymore and is only moving between the desired range. There is a strong support now standing at $70000 so I think bitcoins can definitely hold that position. Bulls are trying to push the price up but are weak as of now but as the volume increases, bulls will grow stronger which will pump the price way above $80k. Your target of $80k seems quite reasonable and doable to me as next month or two seems promising for bitcoins. It is a bit difficult to predict anything as of now though.

Once we cross $80k, the support level will jump from $70k to $80k and I think the price will hold. There might be a few fake outs making others think that the bears are still in power but eventually bulls will gain strength.

[summonerrk]

ETF inflows are strong – last week was very bullish. But with this product, we're on a roller coaster: if things are good, we're up; if things are bad, we're down. However, if we look at the last eight weeks, the inflows are clearly positive. There was only one negative in those weeks.
Specifically, $1.4 billion flowed into investment products, marking the third consecutive week of positive dynamics and the strongest performance since January, as Bitcoin even briefly surpassed the 76,000 mark amid improved sentiment. Regarding risk, total assets under management reached $155 billion. Inflows amounted to 0.91% of total assets under management, the highest weekly figure since the beginning of the year.
And now we see the highest weekly figure and the highest price in recent memory. As for coins specifically, Bitcoin led these inflows at $116 million.

[YellowSwap]

It looks like 80k is now very likely but it also doesn't mean that we can't tumble after having that 80k, I guess this reaction is due to the fact that we have been in the pain territory to a while and frommpast history there is always relieve rallies.

I would trend carefully around 80k if I were you but at the same time this shouldn't stop anyone from buying Bitcoin when they can, because every prediction stays a prediction until proven right.

We are still in a bear market but we can also move out of the bear market at anytime, don't end up becoming part of the hordes who reacts only when it's too late, present market price must not affect your DCA.

[m2017]

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.

1.5 weeks to reach another $3-4,000? That's more than enough time. Therefore, barring some kind of economic upheaval, the $80,000 mark seems realistically achievable (it's not something extraordinary in the current situation, unless someone decides to declare war on someone or cut off supplies of valuable global resources).

I'm also inclined to agree with you that this is nothing more than a baby bull and can't be a full-fledged bull run (how is that possible in a bearish trend?) that would reach $100,000 (or higher). So, I expect another downward slide, not a rally beyond the moon (as some still expect). But I'm happy with that scenario if it happens (at the request of bitcoiners).

[GreatArkansas]

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.

1.5 weeks to reach another $3-4,000? That's more than enough time. Therefore, barring some kind of economic upheaval, the $80,000 mark seems realistically achievable (it's not something extraordinary in the current situation, unless someone decides to declare war on someone or cut off supplies of valuable global resources).

I'm also inclined to agree with you that this is nothing more than a baby bull and can't be a full-fledged bull run (how is that possible in a bearish trend?) that would reach $100,000 (or higher). So, I expect another downward slide, not a rally beyond the moon (as some still expect). But I'm happy with that scenario if it happens (at the request of bitcoiners).

Well, this is really possible right now, especially since we are just $5,000 away from the $80k level. But I can see now it's too fast if we are able to reach $80,000 above, I want it more organic and healthy.

But Bitcoin staying above $70,000+ is already bullish sign for me, so I'm more confident we will reach $80,000+ level  than dropping below $70,000.

[Cointxz]

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.

1.5 weeks to reach another $3-4,000? That's more than enough time. Therefore, barring some kind of economic upheaval, the $80,000 mark seems realistically achievable (it's not something extraordinary in the current situation, unless someone decides to declare war on someone or cut off supplies of valuable global resources).

I'm also inclined to agree with you that this is nothing more than a baby bull and can't be a full-fledged bull run (how is that possible in a bearish trend?) that would reach $100,000 (or higher). So, I expect another downward slide, not a rally beyond the moon (as some still expect). But I'm happy with that scenario if it happens (at the request of bitcoiners).

Well, this is really possible right now, especially since we are just $5,000 away from the $80k level. But I can see now it's too fast if we are able to reach $80,000 above, I want it more organic and healthy.

But Bitcoin staying above $70,000+ is already bullish sign for me, so I'm more confident we will reach $80,000+ level  than dropping below $70,000.

Currently only 4K left to reach 80K. I think Bitcoin investor was already used to the price manipulation on the oil due to the conflict on Iran which is same during pandemic when Bitcoin investors already doesn’t give a fck about the global market condition and just invest on Bitcoin since it was already corrected from ATH.

That 80K can be reach easily next month based on the price momentum currently shown by Bitcoin for staying strong above 70K on monthly candle close.

This is the closest organic growth we can get on Bitcoin considering the demand and hype.

[justdimin]

i guess we will see $80k in may and stay over it from the look of thing. there are sign proving it possibility even though we are not really sure but i believe so. there was a place i said it earlier in this speculation board that we may see $80k as a starting price of may but however the sign are beginning to unmask itself. we have seen 77k and droped to 74k but we are still not far from $80k, it is possible.

Resistance. We might encounter it obviously as we have seen that in $75k, and usually this round numbers are hard to break, unless their is a big push, like a positive news that will make the market excited again and buy.

So let's see what's await us, looking at the market and the sentiments, it looks like very positive.

But everything is still up to the Middle East war, the ongoing conflict is really affecting us for the better or worst.

Nothing can be predictable in such war like situations and no matter how promising the markets look, a single news can dump the market. It is really difficult to expect a bull run until the middle east war situations are stabilized. Even I was confident that the market will finally rise but seems like the middle east war is not nearing its end anytime soon and things are only going to escalate going forward which will majorly impact the financial world which includes cryptos.

All digital and physical assets will get a hit so the same is expected with bitcoins. I think we should not really rise our hopes at least for now. Anything below 80k is a risk so I personally would only continue with my long-term holding and will have no intend to invest more funds as of now.

[philipma1957]

The drop comes and push the price to go down. The price is back to $74k level and still difficult to predict where it will moves. But I vote Maybe if that is about May although I am not sure that will happens especially if the price getting another push to down.

Whether if the price is down for more, reverse to the up price or even reach $80k in May, you don't have to worry but still on your track accumulating more.

If you think selling on every high price is good, you can follow your plan while you also buy back and hodl. Don't just listen to others prediction but trying to analyze by yourself so you know what is happens.

and it is 78.2k as I type.

so it is interesting battle to reach 80k and then who knows about staying over it.