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Poll

Which price target do you think Bitcoin will reach during Christmas or December of 2023?

$38k again
0 (0%)
$40k again
1 (7.7%)
$45k
7 (53.8%)
$50k
5 (38.5%)
$60k
0 (0%)

Total Members Voted: 12

Voting closed: December 31, 2023, 07:56:45 PM

Author Topic: I believe Bitcoin can reach $50k during this Christmas what do you think?  (Read 2755 times)

Offline Bobcrypto

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Re: I believe Bitcoin can reach $50k during this Christmas what do you think?
« Reply #30 on: December 20, 2023, 03:56:28 PM »
In my opinion, Bitcoin can touch $48k before Christmas and may move up further in the new year. I am not sure Bitcoin hitting $50k on or before 25 December 2023, but may hit $50k early 2024.. As you see, the prolonged bear market has been on a big hindrance since 2022 and has not repented. I just hope that Btc haling will throw out the run.

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Re: I believe Bitcoin can reach $50k during this Christmas what do you think?
« Reply #30 on: December 20, 2023, 03:56:28 PM »

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Offline SamReomo

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Re: I believe Bitcoin can reach $50k during this Christmas what do you think?
« Reply #31 on: December 20, 2023, 05:45:00 PM »
In my opinion, Bitcoin can touch $48k before Christmas and may move up further in the new year. I am not sure Bitcoin hitting $50k on or before 25 December 2023, but may hit $50k early 2024.. As you see, the prolonged bear market has been on a big hindrance since 2022 and has not repented. I just hope that Btc haling will throw out the run.
Yeah, in early 2024 Bitcoin's hitting of $50k or $60k value has very high possibility. I believe that we may see Bitcoin at $60 before or during the halving event and I expect Bitcoin to reach at least $80k in 2024. 2024 is going to be a bullish year not only for Bitcoin but for many altcoins. I'm not sure that how well altcoins will go in 2024 but I'm pretty sure that in 2024 Bitcoin can easily cross $67k ATH value.

However, I still believe that we will have the highest value of Bitcoin in 2025 and I would consider that one as the ATH of this bull market. I expect Bitcoin's value to reach anywhere from $100k to $250k in this bull market. And, if it reaches $120k or more then many of the altcoins would've gone to way higher values then our thoughts.
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Re: I believe Bitcoin can reach $50k during this Christmas what do you think?
« Reply #32 on: December 20, 2023, 05:57:51 PM »
I understand an urge to create an eye catching topic. What I don't understand is creating a post that is hypothetical and might lead to FOMO. Even if everything goes well how do you come to a conclusion of Bitcoin going 7k up before Christmas to reach 50k. I understand that you don't think logically as for Bitcoin reaching that price point it would need billions of dollar investment.

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Re: I believe Bitcoin can reach $50k during this Christmas what do you think?
« Reply #33 on: December 20, 2023, 06:15:39 PM »
I have been speculating the price of Bitcoin and reading it's charts on daily basis to see what's going to happen  and I can see some positive upward moments in price of Bitcoin and if those moments get intensity then it's possible to see Bitcoin at $50k during the Christmas time. If that happens I'm sure that Bitcoin can easily cross $120k mark in this bull run.


​Bitcoin has moved close to 40.5k three times to break the $40k support. Similarly, from 43k to 44k Bitcoin has gone three times.The end of the year is almost here,Here it seems difficult to say whether Bitcoin will break $40k or $45k.However, no one can say for sure which way it will go.technically the market is looking better.We have very good news about the market,Chances of Bitcoin ETF being approved are high,and there is good news for ETF every day.Due to which people's money is going more in bitcoin, because people are preferring to invest in btc instead of altcoin. You may be right, if we consider that only Bitcoin is increasing in price, and other coins in the market are not seeing any significant price increase.



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Re: I believe Bitcoin can reach $50k during this Christmas what do you think?
« Reply #34 on: December 20, 2023, 06:25:53 PM »
I understand an urge to create an eye catching topic. What I don't understand is creating a post that is hypothetical and might lead to FOMO. Even if everything goes well how do you come to a conclusion of Bitcoin going 7k up before Christmas to reach 50k. I understand that you don't think logically as for Bitcoin reaching that price point it would need billions of dollar investment.
It's my speculation and you can disagree with it. This topic is not meant to create FOMO, it's just a speculation for the price of Bitcoin and I don't think I had any intention to catch someone's eye when I was creating this topic.

It's pure speculation and it might not be 100% accurate but you can't neglect the possibility of Bitcoin to reach $50k. Bitcoin's price was at $38k at the end of November and now it's already at $43k and it touched $44k and crossed it today. If the upward trend continues like that then there's possibility for Bitcoin to reach $50k value.
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Re: I believe Bitcoin can reach $50k during this Christmas what do you think?
« Reply #35 on: December 20, 2023, 08:32:43 PM »
On the contrary though, bitcoin does not necessarily have to reach $50,000 or trade above it before or during the Christmas period for it to reach $120,000 dollars by the coming bull run.

We are just few days away to Christmas and the price of bitcoin is currently a little about $44,000, I honestly do not think that the price will
reach $50,000 before or during the Christmas period, but I have very high hopes that the price of bitcoin will reach $120,000 dollars and even surpass that, but it all still depends on how the approval of the bitcoin Spot ETF goes.

Until then, let's keep accumulating more and more bitcoins, there is a lot of profit to be made by 2024/2025, I honestly can't wait 💃.
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Re: I believe Bitcoin can reach $50k during this Christmas what do you think?
« Reply #36 on: December 20, 2023, 08:43:20 PM »
let's keep accumulating more and more bitcoins, there is a lot of profit to be made by 2024/2025, I honestly can't wait 💃.
Yes, the ones who are accumulating more and more Bitcoin will have a lot of profit in 2024-2025 without any doubt. The bull run may take Bitcoin price to unthinkable values, I also expect Bitcoin to reach $120k or even cross it in those two years.

The ones who haven't accumulated Bitcoin can start accumulating it from now. The sooner someone accumulates Bitcoin the higher will be the profits.

Bitcoin is still below $50k and the ones who accumulate it now will have more than 100% profits when the bull run reaches its highest intensity. I hope that anyone who knows about the upcoming bull market will try his/her best to accumulate more and more Bitcoin.
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Re: I believe Bitcoin can reach $50k during this Christmas what do you think?
« Reply #36 on: December 20, 2023, 08:43:20 PM »


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Re: I believe Bitcoin can reach $50k during this Christmas what do you think?
« Reply #37 on: December 21, 2023, 12:07:30 AM »
I have been speculating the price of Bitcoin and reading it's charts on daily basis to see what's going to happen  and I can see some positive upward moments in price of Bitcoin and if those moments get intensity then it's possible to see Bitcoin at $50k during the Christmas time. If that happens I'm sure that Bitcoin can easily cross $120k mark in this bull run.
Christmas is almost here just five days away and Bitcoin price is yet to go above $23k, do you think it is possible?
For me, it will not be possible, but by next year, it will surely go above its all time high before halving, and I am also among people that believe that it will grow up to $120k by 2025.

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Re: I believe Bitcoin can reach $50k during this Christmas what do you think?
« Reply #38 on: December 21, 2023, 12:53:01 AM »
I think I agree , bitcoin price will touch $ 50K during Christmas.
Bitcoin has potential to show good performance at the end of this year.
I see several altcoins also have good progress.
Better buy and buy more now.
It's good time to buy, but if you want to buy when , it's also good. But we don't know when we will see the correction
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Re: I believe Bitcoin can reach $50k during this Christmas what do you think?
« Reply #39 on: December 21, 2023, 03:28:59 AM »
Yes, there is great positivity in the Bitcoin index, but I believe that it will not exceed 45-48k$ during the Christmas period, and I also do not think that it will exceed 100k$ after the halving.

Of course, I hope that we will exceed these prices by a lot, but I fear being overly optimistic.

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Re: I believe Bitcoin can reach $50k during this Christmas what do you think?
« Reply #40 on: December 21, 2023, 12:40:56 PM »
Yes, there is great positivity in the Bitcoin index, but I believe that it will not exceed 45-48k$ during the Christmas period, and I also do not think that it will exceed 100k$ after the halving.

Of course, I hope that we will exceed these prices by a lot, but I fear being overly optimistic.
It is possible because the current price of Bitcoin is nearing the $45-48k range. However, there are still some unexpected events that could happen, and it will only take one negative news about Bitcoin to cause a drop in the price below $40k at any time. Nonetheless, this is just one of the many possible outcomes in the volatile crypto market, as no one can accurately predict what the price of Bitcoin will be during the upcoming Christmas season.
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Re: I believe Bitcoin can reach $50k during this Christmas what do you think?
« Reply #41 on: December 22, 2023, 09:21:52 AM »
Well, the price of Bitcoin cannot be predicted and exact but using its recent price chart, we can be rest assured that it might be able to hit the 50k price before the year runs out. Just as @Tribalchief has said, it would be more appropriate to say at the end of December instead of Christmas. Next year we might be seeing more bullish movements from Bitcoin so, it's best to get prepared and buy as many as you can now before it's bull.
Usually people spend a lot of money during the Christmas and New Year holidays. Some people sell part of their cryptocurrency for this. The supply increases and therefore the price in this market even falls. In this regard, I don’t think that even by the New Year the price of Bitcoin will rise to 50 thousand dollars.
The price of Bitcoin will rise due to the approaching halving. But this, most likely, will not be earlier than the second half of January.
However, these considerations may well be influenced by various news events.

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Re: I believe Bitcoin can reach $50k during this Christmas what do you think?
« Reply #42 on: December 22, 2023, 09:32:54 AM »
Yes, there is great positivity in the Bitcoin index, but I believe that it will not exceed 45-48k$ during the Christmas period, and I also do not think that it will exceed 100k$ after the halving.

Of course, I hope that we will exceed these prices by a lot, but I fear being overly optimistic.
On the occasion of the upcoming Christmas Day, the Bitcoin market may increase slightly, but it will not be possible to predict with certainty whether it will cross $50,000. But currently the market in Bitcoin is below 44 thousand but if the market crosses 45k then it can go to 48 thousand dollars. However, Bitcoin may not touch $50,000 in December this year.
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Re: I believe Bitcoin can reach $50k during this Christmas what do you think?
« Reply #43 on: December 22, 2023, 01:02:49 PM »
Currently the price is below $44k and there are a few days left until December 25th. I would say that it has a chance but I wouldn't expect it to touch $50k but it may reach near it because in previous holidays the price of Bitcoin increased but it was not that high, only a slight increase and mostly there will be resistance breaking $50k so it will take days or weeks to break it if it does. But I would say that after halving next year this would be more than $50,000.

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Re: I believe Bitcoin can reach $50k during this Christmas what do you think?
« Reply #44 on: December 22, 2023, 01:39:44 PM »
Currently the price is below $44k and there are a few days left until December 25th. I would say that it has a chance but I wouldn't expect it to touch $50k but it may reach near it because in previous holidays the price of Bitcoin increased but it was not that high, only a slight increase and mostly there will be resistance breaking $50k so it will take days or weeks to break it if it does. But I would say that after halving next year this would be more than $50,000.
Yes. There are only 3 left until Christmas and the price of Bitcoin is now finally starting to drop. Reaching $50k this Christmas might not come to happen but it is expected as many people will probably lie-low with the market or withdraw some of their funds to celebrate the Christmas day.

 

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