Will bitcoin reach $60,000 before February ends?

[Fivestar4everMVP]

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. 😅

[Crwth]

YES

Maybe even earlier. With the current market, I believe it's being talked about now and is currently rising in price because of the institutions that are buying with the market. It is now reaching towards the "old money" and they are now being exposed to a different side of the market. If being exposed and mainstream now is the way, it can reach that price in no time.

[Power420]

Bitcoin price was below $50k in early February. It is normal for bitcoin price to go up and down all the time, but the price of bitcoin is improving so much that in just one month the price of bitcoin has greatly improved to touch 57k dollars. No investor could have imagined that the price of Bitcoin would rise so much before the halving. Bitcoin price is currently touching $57k and there are signs of an upward trend. I think it is very likely to cross the 69 that Bitcoin price was at the time of the halving in 2021.

[Sim_card]

I cannot tell if bitcoin price will reach 60k or not in two days' time which is the last day of February. This is because the price movement of bitcoin is something that you don't know when it pumps or dumps, and to what level of price. From the look at the rise in price yesterday, it might be possible for the price to reach 60k, but the price has remained sideways, and has not gone back to 57k, so it is when bitcoin price reaches 58k, that I will be looking forward to seeing 60k. 60k price can be achieved by March before the halving.

[bitbit97]

NO.

We have already seen how Bitcoin price gains thousands in a single day, but I havent seen it doing repeatedly day after day. Bitcoin has already gained $5k in last 24h. Now the market must handle this jump. Analytics must think about it, make predictions for further price change, give suggestions to traders. This jump was quite spontaneous. No one has expected it, so people must make some kind of a research what it was. Just a pump and a trap for hamster, market is going to change direction, trading order liquidation and etc? Two days imho is not enough to do that.

P.S. I am rather pessimistic about current market, but last days made me change my mood. I dont think that in two days Bitcoin will pass 60k, but I expect price to continue growing without correction.

[examplens]

NO.

We have already seen how Bitcoin price gains thousands in a single day, but I havent seen it doing repeatedly day after day. Bitcoin has already gained $5k in last 24h. Now the market must handle this jump. Analytics must think about it, make predictions for further price change, give suggestions to traders. This jump was quite spontaneous. No one has expected it, so people must make some kind of a research what it was. Just a pump and a trap for hamster, market is going to change direction, trading order liquidation and etc? Two days imho is not enough to do that.

P.S. I am rather pessimistic about current market, but last days made me change my mood. I dont think that in two days Bitcoin will pass 60k, but I expect price to continue growing without correction.

It is possible, ETF cunts are buying as if it were the last one. There is nothing spontaneous here.
It is being said everywhere that it is not a big deal because we have seen similar jumps in Bitcoin. However, I am not a supporter of one entity having such power to move the price by 10%. This is what Elon Musk did, the Chinese government announced the ban/acceptance of cryptocurrencies, and it's all manipulations for short-term profit and I don't see how it's good for Bitcoin enthusiasts.

[debra]

I think the price won't reach $60k at the end of this month. We have just crossed $57k and the price is around $56k now. I think it will drop again to $55k in the next few days. We won't always have a pump on Bitcoin price, there should be correction or a sideway phase. I think the pump has done when it passed $57k.

However, I'm sure we will see the price of Bitcoin to be around $60k in the early of the next month. There are only 2 days remaining before the new month. It is too early if it jumps to $60k now.

[PX-Z]

Well, february is just 28+1 days so, i will say NO, it wil be more possible if its complete 31 days. Kidding aside, price is reaching 57k as of writing. 3k increase in 1 day is possible but i doubt it will happen. I could predict second week of march 60k will be highly likely if the increase will gonna continue.

[Fivestar4everMVP]

I cannot tell if bitcoin price will reach 60k or not in two days' time which is the last day of February. This is because the price movement of bitcoin is something that you don't know when it pumps or dumps, and to what level of price. From the look at the rise in price yesterday, it might be possible for the price to reach 60k, but the price has remained sideways, and has not gone back to 57k, so it is when bitcoin price reaches 58k, that I will be looking forward to seeing 60k. 60k price can be achieved by March before the halving.

Well, it's a game remember, you can't be nautral, you have to either say "YES", that the price of bitcoin will reach $60k before February ends, or "NO", that the price of bitcoin won't reach $60k before February ends 😁.

But all the same, this is nothing serious, it's just one of those ways to just have fun and as well, put our correct prediction abilities to the test, though this is a very simple and easy game to win, most especially for those who will wait till tomorrow, near 11:59 pm to come and comment here, cus by then, it's already very clear to them whether we are seeing $60k in February or not 😅.

Anyways, bitcoin is already a little above $58k, just less than $2k for $60k, if the uptrend continues, we may likely see $60k before the end of today.

[Sim_card]

I cannot tell if bitcoin price will reach 60k or not in two days' time which is the last day of February. This is because the price movement of bitcoin is something that you don't know when it pumps or dumps, and to what level of price. From the look at the rise in price yesterday, it might be possible for the price to reach 60k, but the price has remained sideways, and has not gone back to 57k, so it is when bitcoin price reaches 58k, that I will be looking forward to seeing 60k. 60k price can be achieved by March before the halving.

Well, it's a game remember, you can't be nautral, you have to either say "YES", that the price of bitcoin will reach $60k before February ends, or "NO", that the price of bitcoin won't reach $60k before February ends 😁.

But all the same, this is nothing serious, it's just one of those ways to just have fun and as well, put our correct prediction abilities to the test, though this is a very simple and easy game to win, most especially for those who will wait till tomorrow, near 11:59 pm to come and comment here, cus by then, it's already very clear to them whether we are seeing $60k in February or not 😅.

Anyways, bitcoin is already a little above $58k, just less than $2k for $60k, if the uptrend continues, we may likely see $60k before the end of today.

Yea, you are right it is just a game, and if you look at what I stated above, that it is only when it reaches 58k before I can have the hope for 60k. This is why I have come back to this thread to say that 58k price level have been achieved, and YES we can see 60k by tomorrow before 11.59pm. This is because it hasn't reached 24hrs before it reached 58k, just an hour ago. The price this week has been pumping, Therefore, we need to buy more bitcoin because we might not see this price anymore till the next circle.

[Fivestar4everMVP]

Yea, you are right it is just a game, and if you look at what I stated above, that it is only when it reaches 58k before I can have the hope for 60k. This is why I have come back to this thread to say that 58k price level have been achieved, and Yes, it we can see 60k by tomorrow before 11.59pm. This is because it hasn't reached 24hrs before it reached 58k, just an hour ago.

And speaking of bitcoin reaching $58k, have you seen the latest price?😂, the price is now a little above $59k

Now, I am very certain that Crwth is right, and if there is no strong resistance on the way to $60k that might cause a major or minor pull back, we may see bitcoin reach and go above $60k dollars before evening today, or before today runs out, and remember, we still have tomorrow before the month ends😁, exciting times ahead.

[bitbit97]

NO.

We have already seen how Bitcoin price gains thousands in a single day, but I havent seen it doing repeatedly day after day. Bitcoin has already gained $5k in last 24h. Now the market must handle this jump. Analytics must think about it, make predictions for further price change, give suggestions to traders. This jump was quite spontaneous. No one has expected it, so people must make some kind of a research what it was. Just a pump and a trap for hamster, market is going to change direction, trading order liquidation and etc? Two days imho is not enough to do that.

P.S. I am rather pessimistic about current market, but last days made me change my mood. I dont think that in two days Bitcoin will pass 60k, but I expect price to continue growing without correction.

It is possible, ETF cunts are buying as if it were the last one. There is nothing spontaneous here.
It is being said everywhere that it is not a big deal because we have seen similar jumps in Bitcoin. However, I am not a supporter of one entity having such power to move the price by 10%. This is what Elon Musk did, the Chinese government announced the ban/acceptance of cryptocurrencies, and it's all manipulations for short-term profit and I don't see how it's good for Bitcoin enthusiasts.

It seems that I was wrong. There is still plenty of time left and the price is $59.2k already. But my pessimistic mood stays where it was. It is even pumped more with overall greed and FOMO. Like the price grew without any reason, it fall down without any reason. The more the price gained, the harder the fall would be. And this fall might pause mass adoption and price recovery for a year again. I always try to understand why things happen the way they happen, and I can not explain current growth. Doubt that this is due to demand only.

[PX-Z]

It seems that I was wrong.

Although i know bitcoin will reach this high for these upcoming days but i didn't expect it will be too early lmao. I said it will be second week of march but it  looks like people really buy the hype and it still growing may be we will reach 62k~ish before the month ends if this still continue.

[Aanuoluwatofunmi]

With the recent performance of the bitcoin market, we can give all indications leading to have the experience with the market pumping to $60,000 and we may also go further from there hence, as at present, we are already at $59,000 which is just a little more to cross to the $60,000 target and beyond and we still have one more day left for us to be able to achieve this before the month ends.

[Power420]

The price of Bitcoin is so high that in February 2024, the price of Bitcoin reached its highest level. At the beginning of the halving, the price of Bitcoin rose so much, currently the price of Bitcoin has touched up to 60.8K.