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Author Topic: BTC staying above $67,000, will it reach all time high?  (Read 130 times)

Offline Cryptocrit

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BTC staying above $67,000, will it reach all time high?
« on: May 19, 2024, 05:48:19 AM »
Crypto analysis: BTC staying above $67,000 but still in threat to fall back 16% from current price



If Bitcoin maintains a stable close above $67,206, it could continue to rise towards the psychological level of $70,000. In a highly optimistic scenario, Bitcoin might even turn the $67,206 level into a support base, aiming for its all-time high of $73,777.

Read full analysis...
https://www.cryptocrit.xyz/2024/05/Crypto-analysis-BTC.html

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BTC staying above $67,000, will it reach all time high?
« on: May 19, 2024, 05:48:19 AM »

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Online Primo1760

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Re: BTC staying above $67,000, will it reach all time high?
« Reply #1 on: May 19, 2024, 11:48:21 PM »
Crypto analysis: BTC staying above $67,000 but still in threat to fall back 16% from current price



If Bitcoin maintains a stable close above $67,206, it could continue to rise towards the psychological level of $70,000. In a highly optimistic scenario, Bitcoin might even turn the $67,206 level into a support base, aiming for its all-time high of $73,777.

Read full analysis...
https://www.cryptocrit.xyz/2024/05/Crypto-analysis-BTC.html
Bitcoin, however, broke the all-time high in 2024 and set a new all-time high. However, we again expect Bitcoin to break its all-time high by 2024 and set another record high, which could go as high as $100,000. If in 2024 it stays between $100,000, it is expected to exceed $100,000 to $170,000 in 2025. Not only should we proceed with Bitcoin predictions, but we should proceed with Bitcoin investing. If we proceed with Bitcoin investing, only when Bitcoin reaches an all-time high will we find it worthwhile. Currently, the price is at $66k.

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Re: BTC staying above $67,000, will it reach all time high?
« Reply #2 on: Today at 12:12:58 AM »
If Bitcoin maintains a stable close above $67,206, it could continue to rise towards the psychological level of $70,000. In a highly optimistic scenario, Bitcoin might even turn the $67,206 level into a support base, aiming for its all-time high of $73,777.
Based on a simple technical analysis, we can see that BTC has not yet escaped the downtrend channel even though we have the minimum conditions for accumulation after the rally from $40K to $74K. I think I will wait a little longer and it would be good if BTC can rise to the $7xK zone next week.

In the long term, I am still optimistic about BTC's potential to reach $150K-170K in this bullrun. So, whether BTC fluctuates up or down 20-30% in the near future, my only action will still be DCA BTC + top ALTS.

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