Now that BTC went past 70K on March 8th when does it get past 80k?

[pawel7777]

Potentially bullish rumours on the Morgan Stanley ($150 billion market cap investment bank)  filed with SEC to buy Bitcoin ETFs with 12 of their funds.
The speculation is that they will also allow Bitcoin spot ETFs to be traded on their platform, which potentially could have a decent impact on the price.
More details:
https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-defends-69k-amid-rumors-of-morgan-stanley-approving-btc-etfs-on-its-platform-202403271900
https://twitter.com/BTC_Archive/status/1772978686133768479

If true, this has the potential to tip the price over $75k.

[Aanuoluwatofunmi]

Its likely we see the market get to $80k before the halving or something close to that, and if it doesn't appear as we expected, then we should be getting ready for that after the halving and the market to go beyond such, we are more likely to see the market close to $100,000 or above before the end of this year, a lot of people were already giving their own prediction on the possible rate bitcoin is expected to be at any point in time nd this is getting interested already because we are still on bullrun.

[jeraldskie11]

I still believe there will be a Bitcoin retracement soon since it has not happened yet. So, if the Bitcoin retracement does not occur before the halving date, it will occur after. However, the price will most certainly rise over $80,000, maybe to $100,000 or more. So, in my opinion, since we can't foresee the exact day, $80k will occur soon before or after the halving date.

[Captain Corporate]

I am not expecting it to be over 80k anytime soon, I think we will see the halving first and then we are going to end up with something that will get a lot better with time after the halving. So we should consider possibility that something like May, or during summer could be the possibility. I know that we had some good big increases in the price in the recent months, but we need to arrange something that will do better. We can't really make it work some other way, we just have to wait and all those increases can't keep happening back to back forever. So just wait for it and eventually it will get better.

[Aanuoluwatofunmi]

Bitcoin will make new all time high soon, with he way the market has been performing these days, we may not have to doubt in the ability of this digital coin reaching its all time high this year and we may even have the $80,000 before the halving, this year bullrun is taking new dimension and we cannot predict how the market can perform on a consistent manner than we are having already i this bullrun, as we are gradually moving ahead to halving and another new all time high.

[philipma1957]

I was hoping for 80k by April 1st

[pawel7777]

I think we'll either see a pullback and BTC dropping sub $50-$60k or we'll break the $80k before the halving.
I can't imagine price staying flat for over 20 days, and that's how long we have until the halving.

[bounceback]

Bitcoin price dropping almost 20 days ago after reaching the new higher price on $73k, its very difficult to see bitcoin how break out new higher price and make us almost loss hope behind 21 days left for halving moment.
Although usually bitcoin up several months later after halving time but if bitcoin can't up to higher price has chance after halving drop drastically, its bad moment in the early of this month bitcoin success make new ath price but today bitcoin become as stable coins without get moment will up to higher price any more.

[I-Bit]

I think we'll either see a pullback and BTC dropping sub $50-$60k or we'll break the $80k before the halving.
I can't imagine price staying flat for over 20 days, and that's how long we have until the halving.

I think it is unlikely to see the price of Bitcoin dropping to $50k-$60k. The current price is above $70k and it seems to try growing again constantly although it is a bit slower than previously. As long as Bitcoin price can survive about $70k, I think it tends to jump to $80k than freefall to $50k-$60k. There is no matter to cause the huge drop because we are almost in the Bitcoin halving. People must be more enthusiastic to buy than selling their Bitcoin.

[milewilda]

I think we'll either see a pullback and BTC dropping sub $50-$60k or we'll break the $80k before the halving.
I can't imagine price staying flat for over 20 days, and that's how long we have until the halving.

I think it is unlikely to see the price of Bitcoin dropping to $50k-$60k. The current price is above $70k and it seems to try growing again constantly although it is a bit slower than previously. As long as Bitcoin price can survive about $70k, I think it tends to jump to $80k than freefall to $50k-$60k. There is no matter to cause the huge drop because we are almost in the Bitcoin halving. People must be more enthusiastic to buy than selling their Bitcoin.

Cant be sure with that, we do still have that post halving period where everything could happen as always. It is really just that too hard for us to determine on what would actually happen.
There are really moments on which we do least expect for it to happen but it did happen and this do really shows on how unpredictable this market is. There's no way for us to tell
on where it would be going even on the next minute. Technicals and fundamentals are really that significant but it doesnt really give out that 100% accuracy when it comes to this matter.
So it would really be that on your own choice on how you would really be able to adapt yourself and make out adjustments accordingly.

[pawel7777]

As I said previously, crabbing at $70k levels for prolonged period of time was never an option. We had to see a further rally and test $75k resistance region or have an awaited by many correction.
I wouldn't quite call the recent flash crash a correction quite yet though, as it could turn out to be a small bump on the way up, but we shall see some more action in the days to come.
There is/will be some selling pressure from the UK market, as the tax year ends on 5th April and there will be a reduction in the capital gains allowance from current £8,000 to £3,000 from 6th April. It shouldn't have any major impact though.

[Captain Corporate]

Honestly, its not making the strides that I expected it to do, which is fine sometimes these things happens. I get that we are not going higher, and reaching 65k did made some people feel like that was a bad move, and we are sad to see it go down. But that is the market, sometimes it goes up, sometimes it goes down and we just need to learn to live with it. I hope that it will get better, I hope that we can see it go 80k soon. I expected it to go up soon, we are maybe having a drawback and then we could skyrocket a lot. I am not saying that will happen, I am just saying that is one of the possibilities.

[EthereumDev_]

I think it is unlikely to see the price of Bitcoin dropping to $50k-$60k. The current price is above $70k and it seems to try growing again constantly although it is a bit slower than previously. As long as Bitcoin price can survive about $70k, I think it tends to jump to $80k than freefall to $50k-$60k. There is no matter to cause the huge drop because we are almost in the Bitcoin halving. People must be more enthusiastic to buy than selling their Bitcoin.

Nothing is impossible, if there is bad news that makes many traders panic and the whale also wants to withdraw profits then it is certain that the whale will try to take advantage of the news circulating by selling bitcoin on a very large scale. An incident like this happened at the end of 2021.

[bitterguy28]

I picked before April 1st 2024

even after april 1 and yeah after Halving of bitcoin 80k still a dream to achieve .

April 20 is the date and for us to see that in this halving was in event yet ?  not sure if  80 is in the table this while April but lets see in March if this is possible .

[vegasus]

I picked before April 1st 2024

even after april 1 and yeah after Halving of bitcoin 80k still a dream to achieve .

April 20 is the date and for us to see that in this halving was in event yet ?  not sure if  80 is in the table this while April but lets see in March if this is possible .

It turns out that Bitcoin has not succeeded in achieving all of that. And now, in fact, the conditions are going down first. The Bitcoin halving has occurred, and the effect on the market has been quite pronounced, but it's not very significant. At least, we can see a temporary green candle in the price of Bitcoin, which is also followed by several altcoins which recently experienced quite significant price drops.

This time, the price of Bitcoin after the halving has just touched around $64k or maybe up to $66k. However, will it really return to $70k this week? If you want to reach $80k, it seems like it will still take time. Yes, we just hope that it will at least increase first, even if it's not very significant.

And of course, there will be another price drop, the market correction will never end. So, let's just prepare for the next price retest.