So is 80k by may on the way?

[ultrloa]

we dipped to 79k as I type lets see if we drop or go up from 79.7k

It seems that 79k is good level. If we see some bounce or it gonna break and dip more this will determine if the investors still have the momentum or currently those panic seller are in control of the market.

Those short term noises happening around with current price level can possibly decide if we are going to see Bitcoin climb up again or it will dump more. So let's see what's coming up in next few hours or days.

[Ishicryptic]

we dipped to 79k as I type lets see if we drop or go up from 79.7k

It seems that 79k is good level. If we see some bounce or it gonna break and dip more this will determine if the investors still have the momentum or currently those panic seller are in control of the market.

Those short term noises happening around with current price level can possibly decide if we are going to see Bitcoin climb up again or it will dump more. So let's see what's coming up in next few hours or days.

I guess Bitcoin is comfortable around the $80k zone, it keeps dancing around it, it is $79k presently and I won't be surprised if it hits $80k probably jump to $82k thereabout and climbs down around $79k $77k. The market is surely waiting and ready for a significant shift from here to see us into an uptrend or downturn because so far it's showing that nothing is happening yet for that shift to happen, we're here waiting. Speculations are interesting as long as you don't put all your mind that what someone predicts must happen as it was foretold so let's wait and see what will happen next, it is always the summation of the matter.

[cyberninja2]

I guess Bitcoin is comfortable around the $80k zone, it keeps dancing around it, it is $79k presently and I won't be surprised if it hits $80k probably jump to $82k thereabout and climbs down around $79k $77k. The market is surely waiting and ready for a significant shift from here to see us into an uptrend or downturn because so far it's showing that nothing is happening yet for that shift to happen, we're here waiting. Speculations are interesting as long as you don't put all your mind that what someone predicts must happen as it was foretold so let's wait and see what will happen next, it is always the summation of the matter.

Currently, the price movement continues to fluctuate, indicating that it is stabilizing at that level and there is still a possibility of further increases. This is because I see a comparison between this month and last month which shows no significant difference in the decline. Therefore, I am more confident in the price movement, which may rise again at the end of this month. This is still a prediction but in reality we will see what happens to the price movement at the end of this month.

Any prediction is possible but shifts are still occurring whether with a clear increase or decrease. Currently the market is quite stable with prices remaining at this level. So far there are no signs of significant shifts but signs of a gradual decline are clearly visible. We have never seen market prices at a level like the one we saw at the beginning of last month which was at its lowest point of $65,000. However anything can happen with changes and shifts.

[kawetsriyanto]

I agree with you on this point. Although we cannot be certain that will happen. However, just because Bitcoin reaches $90k or more this month or next month. That does not mean it will never huge decline again, that possibility still exists.

There will be always corrections after a series of pumps. This is what I know about the price movement of Bitcoin. Recently, Bitcoin dropped again to $78k after it reached $82k in the last few days. It will also probably happen after Bitcoin reaches the level of $90k, Bitcoin may drop again to $85k or lower. If there is big pressure, Bitcoin may drop again below $80k. But this may take a process, it will drop gradually. Bitcoin is unlikely to suddenly freefall -5k or above in few days only.

I can not say for sure that the bear market is not over yet, but I do not rule out the possibility.
As wise investors, we should prepare for all possible scenarios, rather than placing our faith in a single scenario without any certainty.

Exactly. There is nothing very sure. We must be ready with some alternative plans.

we dipped to 79k as I type lets see if we drop or go up from 79.7k

Today, it dropped to $78k. But luckily Bitcoin price can raise again above $81k now.
Considering this drop, I'm not so sure that Bitcoin can raise to $85k as you expected. 

85k in a day seems nice to me.