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Author Topic: Will bitcoin reach $60,000 before February ends?  (Read 1150 times)

Offline yohananaomi

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Re: Will bitcoin reach $60,000 before February ends?
« Reply #30 on: March 26, 2024, 11:48:23 PM »
Indeed. That's what I mean, the current price is too far from $175k. Of course, everyone may have a different target on the taking profits. But I'm sure most people will feel satisfied to take profits when the price of Bitcoin will reach $100k. I think it still makes sense to sell at $100k although there is no guarantee that the price of Bitcoin will cross $100k or never in this bullrun season.
Bitcoin has been a surprise that is not usually done before the halving period,, where currently, bitcoin has been a surprise by passing its ATH. Usually the increase is after passing the halving period, not the other way around, and will move slowly to increase until the usual 4 years, which will arrive in 2025.
So this is extraordinary, so many people conclude that there will be a 2x ATH, where the difference is quite significant, and we cannot conclude what the appropriate price is. Maybe for $100K it can be done at the end of this year and just wait for the new ATH.

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Re: Will bitcoin reach $60,000 before February ends?
« Reply #30 on: March 26, 2024, 11:48:23 PM »

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Offline jeraldskie11

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Re: Will bitcoin reach $60,000 before February ends?
« Reply #31 on: March 31, 2024, 05:09:44 PM »
Indeed. That's what I mean, the current price is too far from $175k. Of course, everyone may have a different target on the taking profits. But I'm sure most people will feel satisfied to take profits when the price of Bitcoin will reach $100k. I think it still makes sense to sell at $100k although there is no guarantee that the price of Bitcoin will cross $100k or never in this bullrun season.
Bitcoin has been a surprise that is not usually done before the halving period,, where currently, bitcoin has been a surprise by passing its ATH. Usually the increase is after passing the halving period, not the other way around, and will move slowly to increase until the usual 4 years, which will arrive in 2025.
So this is extraordinary, so many people conclude that there will be a 2x ATH, where the difference is quite significant, and we cannot conclude what the appropriate price is. Maybe for $100K it can be done at the end of this year and just wait for the new ATH.
It was very surprising to see Bitcoin's price surpass ATH before the halving because it never happened before. It indicates that demand is considerably stronger than it was before, and it will be quite interesting to see where the price goes after the halving. There may be a significant fall below, but I believe a surge in price would shock the entire world; $100k is easy.

Offline bounceback

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Re: Will bitcoin reach $60,000 before February ends?
« Reply #32 on: April 01, 2024, 09:04:30 AM »
February target by OP for bitcoin price have reached and right now we are waiting for the month of March how much and potential for bitcoin price? Current bitcoin price $69k and last ATH above $73k will this month of March bitcoin pump and get new ATH price or dropping more.
Today seems bad moment for bitcoin after dropping suddenly and as April mop or not but get large impact after bitcoin crashing few percent most of altcoin price get down. Wish near future with halving could bring positive moment for bitcoin increasing to the higher price.

Offline Kemarit

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Re: Will bitcoin reach $60,000 before February ends?
« Reply #33 on: April 01, 2024, 02:25:33 PM »
February target by OP for bitcoin price have reached and right now we are waiting for the month of March how much and potential for bitcoin price? Current bitcoin price $69k and last ATH above $73k will this month of March bitcoin pump and get new ATH price or dropping more.
Today seems bad moment for bitcoin after dropping suddenly and as April mop or not but get large impact after bitcoin crashing few percent most of altcoin price get down. Wish near future with halving could bring positive moment for bitcoin increasing to the higher price.

Earlier it went as high as $71,000 and I thought that it will and continue at the start of the year. However, it dip to $69,000, not sure what's the reason, maybe just profit taking as I never seen any bad news that will affect the market price to go down today.

Nonetheless, the market is still volatile, sentiments though remain positive but volume today is not that big. Maybe still some traders or investors are in the holiday this Easter and vacationing and just taking a rest.

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Offline MRY

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Re: Will bitcoin reach $60,000 before February ends?
« Reply #34 on: April 01, 2024, 06:57:53 PM »
Earlier it went as high as $71,000 and I thought that it will and continue at the start of the year. However, it dip to $69,000, not sure what's the reason, maybe just profit taking as I never seen any bad news that will affect the market price to go down today.

Nonetheless, the market is still volatile, sentiments though remain positive but volume today is not that big. Maybe still some traders or investors are in the holiday this Easter and vacationing and just taking a rest.
That's right, I also see that there is no bad news that has an influence on Bitcoin price movements in the market. If I analyze this, this is just a price correction from miners who might try to sell Bitcoin when the price is still high and they don't want to be late in selling at a high price. Surprisingly, Bitcoin Trading Volume looks very weak even though there is a halving that will come soon.

Offline yohananaomi

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Re: Will bitcoin reach $60,000 before February ends?
« Reply #35 on: April 04, 2024, 09:00:33 PM »
Indeed. That's what I mean, the current price is too far from $175k. Of course, everyone may have a different target on the taking profits. But I'm sure most people will feel satisfied to take profits when the price of Bitcoin will reach $100k. I think it still makes sense to sell at $100k although there is no guarantee that the price of Bitcoin will cross $100k or never in this bullrun season.
Bitcoin has been a surprise that is not usually done before the halving period,, where currently, bitcoin has been a surprise by passing its ATH. Usually the increase is after passing the halving period, not the other way around, and will move slowly to increase until the usual 4 years, which will arrive in 2025.
So this is extraordinary, so many people conclude that there will be a 2x ATH, where the difference is quite significant, and we cannot conclude what the appropriate price is. Maybe for $100K it can be done at the end of this year and just wait for the new ATH.
It was very surprising to see Bitcoin's price surpass ATH before the halving because it never happened before. It indicates that demand is considerably stronger than it was before, and it will be quite interesting to see where the price goes after the halving. There may be a significant fall below, but I believe a surge in price would shock the entire world; $100k is easy.
We certainly hope that the surprise that Bitcoin has brought will provide a positive direction. Of course, as you also said, we will see that there are other surprises that will be carried out after the halving period has passed.
Hopefully it matches the predictions of many people. I think getting to $100K can be done because this is the predicted price for 2021, which failed to happen.
But maybe what we are waiting for is the second ATH that will occur.

Offline jeraldskie11

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Re: Will bitcoin reach $60,000 before February ends?
« Reply #36 on: April 05, 2024, 02:55:46 AM »
Indeed. That's what I mean, the current price is too far from $175k. Of course, everyone may have a different target on the taking profits. But I'm sure most people will feel satisfied to take profits when the price of Bitcoin will reach $100k. I think it still makes sense to sell at $100k although there is no guarantee that the price of Bitcoin will cross $100k or never in this bullrun season.
Bitcoin has been a surprise that is not usually done before the halving period,, where currently, bitcoin has been a surprise by passing its ATH. Usually the increase is after passing the halving period, not the other way around, and will move slowly to increase until the usual 4 years, which will arrive in 2025.
So this is extraordinary, so many people conclude that there will be a 2x ATH, where the difference is quite significant, and we cannot conclude what the appropriate price is. Maybe for $100K it can be done at the end of this year and just wait for the new ATH.
It was very surprising to see Bitcoin's price surpass ATH before the halving because it never happened before. It indicates that demand is considerably stronger than it was before, and it will be quite interesting to see where the price goes after the halving. There may be a significant fall below, but I believe a surge in price would shock the entire world; $100k is easy.
We certainly hope that the surprise that Bitcoin has brought will provide a positive direction. Of course, as you also said, we will see that there are other surprises that will be carried out after the halving period has passed.
Hopefully it matches the predictions of many people. I think getting to $100K can be done because this is the predicted price for 2021, which failed to happen.
But maybe what we are waiting for is the second ATH that will occur.
2021 is a great year for crypto, that year some people made millions. Unfortunately, there are investors who lose a lot or get stuck at 2021 and now the price came back and create new ATH. Holders no more, they already gained from their investment. And now, we are aiming for another peak which is $100k or more. If investors have the same positivity, as well as the price.

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Re: Will bitcoin reach $60,000 before February ends?
« Reply #36 on: April 05, 2024, 02:55:46 AM »


Offline Power420

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Re: Will bitcoin reach $60,000 before February ends?
« Reply #37 on: April 07, 2024, 01:05:50 PM »
Today is 27th of February, and like i believe many of us already know, we are in a leap year, which means, instead of February ending tomorrow being the 28th, we are going to see one day extra, which is the 29th of February, which simple means that from today, we have 2 more days before we say bye bye to February.

Now, bitcoin has been performing really nicely lately, between yesterday and today, we saw the price rose from around $51,000 and currently trading a little about $56,000 at the time of typing this post.
Like I said before, it's 2 days before the month of February ends, let's play a little bitcoin price prediction game, the game will end on the 29th of February, at 11:59 pm (forum time).

The game is - within this two remaining days for February to be over, do you think Bitcoin price will reach $60,000?
Answer "YES" or "NO" in commment and state why you think what you think.

Let's have fun while watching the price of bitcoin do it's thing. 😅
Of course OP, your guess is correct because the price of Bitcoin touched in February itself according to your opinion.  The current Bitcoin price has increased throughout the month of March and has hit a record high of $73.6K, the highest Bitcoin price has ever touched.  Of course there is another step of Bitcoin investment before the halving begins as the Bitcoin halving will take place in mid-April.  But wait for the big bull market after the halving is over.

Offline legend45

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Re: Will bitcoin reach $60,000 before February ends?
« Reply #38 on: April 07, 2024, 02:04:45 PM »

Of course OP, your guess is correct because the price of Bitcoin touched in February itself according to your opinion.  The current Bitcoin price has increased throughout the month of March and has hit a record high of $73.6K, the highest Bitcoin price has ever touched.  Of course there is another step of Bitcoin investment before the halving begins as the Bitcoin halving will take place in mid-April.  But wait for the big bull market after the halving is over.
Everyone is waiting for the halving right now, because they want to see how big the correction will be. then start analyzing and predicting after the price increases. everyone will monitor the market and make predictions about what price ATH will occur when the top is bullish

Offline yohananaomi

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Re: Will bitcoin reach $60,000 before February ends?
« Reply #39 on: April 08, 2024, 10:10:21 PM »
Indeed. That's what I mean, the current price is too far from $175k. Of course, everyone may have a different target on the taking profits. But I'm sure most people will feel satisfied to take profits when the price of Bitcoin will reach $100k. I think it still makes sense to sell at $100k although there is no guarantee that the price of Bitcoin will cross $100k or never in this bullrun season.
Bitcoin has been a surprise that is not usually done before the halving period,, where currently, bitcoin has been a surprise by passing its ATH. Usually the increase is after passing the halving period, not the other way around, and will move slowly to increase until the usual 4 years, which will arrive in 2025.
So this is extraordinary, so many people conclude that there will be a 2x ATH, where the difference is quite significant, and we cannot conclude what the appropriate price is. Maybe for $100K it can be done at the end of this year and just wait for the new ATH.
It was very surprising to see Bitcoin's price surpass ATH before the halving because it never happened before. It indicates that demand is considerably stronger than it was before, and it will be quite interesting to see where the price goes after the halving. There may be a significant fall below, but I believe a surge in price would shock the entire world; $100k is easy.
We certainly hope that the surprise that Bitcoin has brought will provide a positive direction. Of course, as you also said, we will see that there are other surprises that will be carried out after the halving period has passed.
Hopefully it matches the predictions of many people. I think getting to $100K can be done because this is the predicted price for 2021, which failed to happen.
But maybe what we are waiting for is the second ATH that will occur.
2021 is a great year for crypto, that year some people made millions. Unfortunately, there are investors who lose a lot or get stuck at 2021 and now the price came back and create new ATH. Holders no more, they already gained from their investment. And now, we are aiming for another peak which is $100k or more. If investors have the same positivity, as well as the price.
Agree that 2021 is an extraordinary year because ATH was formed even though it was outside the desired predictions, but now it has been missed even though the halving period has not yet occurred and this is something that is quite surprising because no Altcoin itself can do the same thing.
You are right, for those who have held it for a long time, of course, they have made a profit, but it is not optimal and this is normal, because you can be sure there will be a new ATH again, perhaps in the next year with a more significant one, because if you look at the previous ATH, it was formed before the halving.

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Re: Will bitcoin reach $60,000 before February ends?
« Reply #40 on: April 09, 2024, 10:10:59 PM »
New question will bitcoin reach $80,000 before April ends.
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Re: Will bitcoin reach $60,000 before February ends?
« Reply #41 on: April 13, 2024, 07:12:16 PM »
New question will bitcoin reach $80,000 before April ends.
There are only 16 days left until this month ends and the price of Bitcoin is currently at $67k. With the target you mentioned at $80k it seems like that will be very difficult to happen. Currently there is no good news that could trigger Bitcoin prices to rise. ETFs can no longer provide support for Bitcoin price movements. So I think until April is over the price of Bitcoin will still be below $80k.

 

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