BTC staying above $67,000, will it reach all time high?

[Cryptocrit]

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

[Primo1760]

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.

[MrSpasybo]

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.

[bitterguy28]

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

The barricade now seems to be 70k , we have seen bitcoin strongly breaking 65k multiple time but after a little high from this point? the price started falling again making it harder to stay climbing andbreak 70k.
so i thing if we made it there then that will be the another bullrun .

[Agbe]

The new prediction nof bitcoin All Time High is 100k dot and not 70k dot. We have broken the 70k this year which was even 73k. So if bitcoin hit 70k or 73k people will not fill the impact of the All Time High, but once bitcoin hit $75k and above then everyone will wake up to prepare themselves to see the 100k dot (dollar). For now, bitcoin is still on the low key to the All Time High. Yesterday and today the price has been moving with the range of 66k to 67k and that is,it is just few digits to hit thr previous ATH. Bitcoin is struggling to break the resistance of 67k to another price.

[SmartGold01]

If bitcoin create another ATH this period then I must say there is positive news that hit the market that made it shoot so fast, because you if you judge from the bitcoin history you would see that after halving you will always see bitcoin declining in price till the upper year before we could see new price creation from bitcoin. Anyway I am not being carried or overwhelmed with the price of bitcoin because I know there would be a serious correction within the period of 7 days which could likely falls below from 71k to 64k or even lesser.

[0t3p0t]

The new prediction nof bitcoin All Time High is 100k dot and not 70k dot. We have broken the 70k this year which was even 73k. So if bitcoin hit 70k or 73k people will not fill the impact of the All Time High, but once bitcoin hit $75k and above then everyone will wake up to prepare themselves to see the 100k dot (dollar). For now, bitcoin is still on the low key to the All Time High. Yesterday and today the price has been moving with the range of 66k to 67k and that is,it is just few digits to hit thr previous ATH. Bitcoin is struggling to break the resistance of 67k to another price.

No doubt about hundred thousand price range mate as Bitcoin just hit more or less $71,600 recently and we all know what that means since we are now approaching the ATH again and I think this is easy $80k in just few weeks or months I could be wrong here but who knows right?

[yhiaali3]

As is evident on the chart, the price of bitcoin rose over 71k$, but it has now fallen to about 69k$. Positive will be by penetrating the price of 72k$.

I expect that the sudden rise that occurred was the result of rumors about the approval of the EFT Etherism funds, which made the market to recover significantly, especially bitcoin and ethereum, of course these are still rumors and there is no official confirmation of the news, so extreme caution must be at this stage if it turns out that the news is false.

[vegasus]

Crypto analysis: BTC staying above $67,000 but still in threat to fall back 16% from current price

BTC has managed to make quite a breakthrough with a significant increase yesterday. even the highest price yesterday almost reached $72k, I thought it would reach it, but it turned out a little more. It only stopped at $71,946.46 and now the market is starting to drop again quickly in just a few hours. The current price stands at $69,656. So, maybe it will hit another low next. then, later it will come back to rise again to reach a higher price. It's just about to hit a new ATH again. Ah, hopefully next month it can actually happen. And then the market will get better again.

[LogitechMouse]

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.

Thank you for this simple analysis on Bitcoin charts.
I really thought that we are nearing the start of the bull run already because of its pump a few days ago, but it seems like it's respecting the top on the chart you did hence, it touched the blue line, but didn't surpass to that price and went down as we speak.

Anyway, like you, I'm also optimistic towards Bitcoin, and my reason is the 4-year cycle. As a firm believer of it, I believe that it will happen again this time, and we might see the crypto market entering the bull run at least in the 2nd half of the year. As for me though, I only expect $150,000 as its peak price. It's more than double its ATH in 2021 which is at around $69,000. I don't care about short term movements. What I only care is my selling targets. If it reaches that price, I will sell it immediately.

[LUCKMCFLY]

For now the price seems good to me , at $70k it is a relatively very good price , of Course it is giving a small correction, it is natural that it does so because it may be because they are testing the offer at that price level and there is enough change for take That's another Boost , I like the Analysis you do and especially the bullish territory part , I hope it happens, of course you talk about the price that is supposed to be above $69k and that is Something very spectacular. I think that many people will always go for the bullish movement and want to stop, it is something Natural , However when we look at everything more clearly we can realize that it can happen and that it is a matter of a Short time before it surpasses that ATH of $73K , these days are getting very Exciting.

[bounceback]

Require three days after OP making his topic about bitcoin stuck price above $67k and difficult reach to higher price finally yesterday Bitcoin increasing drastically and reached above $71k. I think unpredictable with bitcoin movement after long term stable on lower price but one short moment success break out most higher price but get little correction today under $70k and how much percent of bitcoin will drop?
Its bullrun or have been bearish moment for bitcoin after success raising to higher price and today seems will decreasing lower price, need time waiting for with bitcoin possibility will drop or not.

[NikeFit_7777]

The bull market is in full swing. Barring any unforeseen "Black Swan" events, it could last another +/- 300 days or so. This is based on analysing gains and losses of short-term holders with a 90-day moving average.

P.S. This is not financial advice, just my personal view of the situation. Make your own decisions - without shifting responsibility to other people! And yes, I'm not a professional trader or anything. 

[TomPluz]

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.

For sure, Bitcoin will be reaching more than $150K in most probability in 2025 when the bull run will eventually reached its peak. of course, the road to that destination is going to be a mixed of many ups and downs, a very usual trait for Bitcoin that we already very much familiar with. And that is why it would be wise to be investing with BTC, alongside gold and silver as the global economy remains to be wobbling in many fronts and as the world is burning due to major conflicts happening in Middle East and in Russia-Ukraine saga. right now, Bitcoin stands at $70K which is getting nearer to the last ATH though am expecting some corrections - which can be so healthy for Bitcoin - before we can witness a new ATH within this quarter.

[Learn Bitcoin]

BTC is at 69.8K at this moment, and I think if it stays around this range and we get some good news from the market, then it won't be too hard to touch the 100K price range this year. I am sure that we will hit 100K for sure. It may take a little longer if bad news hits, but we all know that 100K is very much possible.

Still, I don't recommend that anyone invest at this moment. Nobody knows if we are going to have a little correction or not. It will be better for investors to wait a little more. But, doing DCA is not bad as well.