Will Bitcoin reach 80k before April 30 2024?

[debra]

I think we will be in a tight slot 63-78k .
But may we will make hay.

If this happens, it means there will be no significant change in Bitcoin price.
Currently, Bitcoin price is around $64k - $72k. If it is only $63k-$78k, it means halving has no big impact on Bitcoin price.
Why you think like this? Do you have specific reasons?

I think Bitcoin will play good role in April. We saw now bitcoin price is above $70k. And within short time bitcoin price will go above $80k i strongly believe it.

Have you chekced the current price? It dropped again to $65k today.
It is true that the price could increase to $71k yesterday. But it dropped again significantly today.
This makes me not really sure about $80k in halving time.

[IvugeoEvolutionCoin]

Have you chekced the current price? It dropped again to $65k today.
It is true that the price could increase to $71k yesterday. But it dropped again significantly today.
This makes me not really sure about $80k in halving time.

It's true that this latest bitcoin price collapse makes me very doubtful that bitcoin will ever go to $80k. It's very difficult to increase the price that much. For this year's halving, I didn't really push Bitcoin to high prices. At least Bitcoin has reached a new ATH at $73k a few weeks ago.

[Uruhara]

That does seem like we are talking about something that could change in the end, I feel like we are going to end up with a much larger and bigger problem in the end if we see it not move higher. I am not saying 80k is a must this month, of course that may not happen, but looking at the drop we have right now, I have to say that we are going to end up with something that could change things for a long time. The best thing to do in this case would be just focusing on increasing, atl east back to above 70k, if more that would be great because we should do something like that for sure.

So true. And today bitcoin experienced a decrease of several percent to a price of 65k and now it has risen again to a price of 67k. Seeing this makes it difficult for us to think that BTC will rise to 80k by the end of this month. And the focus now may be to return to prices above 70k. And if it fails then a correction may occur again. But in the long run 80k is very close to reach.

[Don Pedro Dinero]

I picked number 2 no.

I think you've been like me, you were too bullish last month and now you're hesitating. I didn't choose the 'no' option, but 'maybe', because at this point I'm not sure, I was also bullish last month and now I don't know. I prefer to see what happens rather than predict.

[jeraldskie11]

That does seem like we are talking about something that could change in the end, I feel like we are going to end up with a much larger and bigger problem in the end if we see it not move higher. I am not saying 80k is a must this month, of course that may not happen, but looking at the drop we have right now, I have to say that we are going to end up with something that could change things for a long time. The best thing to do in this case would be just focusing on increasing, atl east back to above 70k, if more that would be great because we should do something like that for sure.

So true. And today bitcoin experienced a decrease of several percent to a price of 65k and now it has risen again to a price of 67k. Seeing this makes it difficult for us to think that BTC will rise to 80k by the end of this month. And the focus now may be to return to prices above 70k. And if it fails then a correction may occur again. But in the long run 80k is very close to reach.

We all know that the price of Bitcoin will going higher soon and reach $100k. But the thing is that we don't know the exact date. Just like what you said that we are in the midweek of the month but the price currently in the $63k, a low chance that $80k will be hit. Instead of thinking when will the price reach $80k, I should think how deep will the price go.

[JoyMarsha]

I picked number 2 no.

I don't think so since the crypto market is experiencing a correction at this time, and we don't know how long it will last before the correction is over and the market will experience a positive movement price which will skyrocket the price of bitcoin from the $64k it is now to $80k before the end of month since this month remains 17 days to its end.

To me, the $80k will be possible to reach if we are looking at June not this April.

[philipma1957]

I picked number 2 no.

I think you've been like me, you were too bullish last month and now you're hesitating. I didn't choose the 'no' option, but 'maybe', because at this point I'm not sure, I was also bullish last month and now I don't know. I prefer to see what happens rather than predict.

I purchased some dip yesterday but I think we may drop a lot. So I am ready for more dip.

[New Ranger]

I picked number 2 no.

I don't think so since the crypto market is experiencing a correction at this time, and we don't know how long it will last before the correction is over and the market will experience a positive movement price which will skyrocket the price of bitcoin from the $64k it is now to $80k before the end of month since this month remains 17 days to its end.

To me, the $80k will be possible to reach if we are looking at June not this April.

Of course, the market is not always predictable, and I assume that everything will be born if the demand for BTC is high, then it will rise, but if the pressure continues to come, I think, as you said, prepare a reserve fund for the accumulation of more BTC holdings.

I think significant changes will come after the halving moment of course.

[MrSpasybo]

I don't think so since the crypto market is experiencing a correction at this time, and we don't know how long it will last before the correction is over and the market will experience a positive movement price which will skyrocket the price of bitcoin from the $64k it is now to $80k before the end of month since this month remains 17 days to its end.

To me, the $80k will be possible to reach if we are looking at June not this April.

Yeah, I also think that BTC and the entire crypto market will need to go through a period of re-accumulation for a few months after the halving in order to continue growing. The small bubble that started in late 2022 has probably burst and we are not seeing the impressive growth that we saw in 2023. The halving and the scarcity narrative have probably been priced in and the halving will become a sell-the-news event. I also hope that June could be the time for the BTC price to rally and for DeFi summer to arrive, attracting new money into the market to start a major bull run.

[philipma1957]

I don't think so since the crypto market is experiencing a correction at this time, and we don't know how long it will last before the correction is over and the market will experience a positive movement price which will skyrocket the price of bitcoin from the $64k it is now to $80k before the end of month since this month remains 17 days to its end.

To me, the $80k will be possible to reach if we are looking at June not this April.

Yeah, I also think that BTC and the entire crypto market will need to go through a period of re-accumulation for a few months after the halving in order to continue growing. The small bubble that started in late 2022 has probably burst and we are not seeing the impressive growth that we saw in 2023. The halving and the scarcity narrative have probably been priced in and the halving will become a sell-the-news event. I also hope that June could be the time for the BTC price to rally and for DeFi summer to arrive, attracting new money into the market to start a major bull run.

Unfortunately it looks like you will be correct. We may have 60-90 days of shit results in front of us. hodl people hodl

[armanda90]

Unfortunately it looks like you will be correct. We may have 60-90 days of shit results in front of us. hodl people hodl

I got tired keep hold it after bitcoin dropping every days, since close few days with halving less unexpected with current bitcoin price keep go down. But believing the holder is the winner with bitcoin potential around 60 days to 90 days after halving has moment break to higher price.
Once time hodl always hodl, by the way keep buy back or enough with current bitcoin hodl awhile exactly many moment bitcoin get correction and looks more excited to buy back.

[debra]

It's true that this latest bitcoin price collapse makes me very doubtful that bitcoin will ever go to $80k. It's very difficult to increase the price that much. For this year's halving, I didn't really push Bitcoin to high prices. At least Bitcoin has reached a new ATH at $73k a few weeks ago.

I think everyone begins to feel doubtful about the possibility of a new ATH in the halving. Today, the Bitcoin price dropped again to $61k after it recovered around $65k yesterday. I don't understand why the price of Bitcoin easily dropped currently. We know halving is only in few days, but the market is moving opposite. Ideally, the market should begin increasing constantly.

[bitterguy28]

I picked number 2 no.

You have a lots of support from the votes because majority of the voters chooses no but for me its still MAYBE as there are still 2 weeks to go and the halving will come before 30th comes and we saw how many crazy movement from this market this year specially from the SPOT ETF effect.
so there are still something we can expect with how the market showing us .

[TopT3ns]

I picked number 2 no.

You have a lots of support from the votes because majority of the voters chooses no but for me its still MAYBE as there are still 2 weeks to go and the halving will come before 30th comes and we saw how many crazy movement from this market this year specially from the SPOT ETF effect.
so there are still something we can expect with how the market showing us .

Currently the halving has occurred and it seems there is still no good information for Ethereum, hopefully Ethereum will soon be accepted into the ETF so that the altcoin season will reach soon. This will probably be the determining factor for when the altcoin season will occur.

[JoyMarsha]

Unfortunately it looks like you will be correct. We may have 60-90 days of shit results in front of us. hodl people hodl

I got tired keep hold it after bitcoin dropping every days, since close few days with halving less unexpected with current bitcoin price keep go down. But believing the holder is the winner with bitcoin potential around 60 days to 90 days after halving has moment break to higher price.
Once time hodl always hodl, by the way keep buy back or enough with current bitcoin hodl awhile exactly many moment bitcoin get correction and looks more excited to buy back.

Hodl will it continue to be, even if bitcoin decreases the way we didn't expect in this halving and after the halving. Currently, bitcoin is beginning to give a green candlelight of recent, I don't know whether this is a temporary price increase for investors to buy bitcoin because of FOMO. However, whatever position the market is driving at(bull market or correction) I think a DCA strategy is the ideal way to follow up the crypto market presently