Crypto analysis: BTC staying above $67,000 but still in threat to fall back 16% from current priceBitcoin, 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.
(https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgfcC9mqMdbAF-jc6CE8aFhkm4PaPwZsJuNK9LIRjSRXewAyIKxW8HCi8VxKja_TRmOFQSBLZZL4l3Jhyotpcj1Ve1loGe3281LAsvaQEAbcL0N4KIyKdljcuWwfYPcC1AKFr_zRk8fLnwBLbxuVUQnO9paUtdcx0fLf_q87w8NjuodF686j2CKI7-nmuHH/w640-h420/BTC%20price%20latest.jpg)
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 (https://www.cryptocrit.xyz/2024/05/Crypto-analysis-BTC.html)
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.
Crypto analysis: BTC staying above $67,000 but still in threat to fall back 16% from current priceThe 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.
(https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgfcC9mqMdbAF-jc6CE8aFhkm4PaPwZsJuNK9LIRjSRXewAyIKxW8HCi8VxKja_TRmOFQSBLZZL4l3Jhyotpcj1Ve1loGe3281LAsvaQEAbcL0N4KIyKdljcuWwfYPcC1AKFr_zRk8fLnwBLbxuVUQnO9paUtdcx0fLf_q87w8NjuodF686j2CKI7-nmuHH/w640-h420/BTC%20price%20latest.jpg)
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 (https://www.cryptocrit.xyz/2024/05/Crypto-analysis-BTC.html)
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?
Crypto analysis: BTC staying above $67,000 but still in threat to fall back 16% from current priceBTC 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.
Thank you for this simple analysis on Bitcoin charts.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.(https://www.tradingview.com/x/LwA1GRXW/)
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.
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?
Crypto analysis: BTC staying above $67,000 but still in threat to fall back 16% from current price
(https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgfcC9mqMdbAF-jc6CE8aFhkm4PaPwZsJuNK9LIRjSRXewAyIKxW8HCi8VxKja_TRmOFQSBLZZL4l3Jhyotpcj1Ve1loGe3281LAsvaQEAbcL0N4KIyKdljcuWwfYPcC1AKFr_zRk8fLnwBLbxuVUQnO9paUtdcx0fLf_q87w8NjuodF686j2CKI7-nmuHH/w640-h420/BTC%20price%20latest.jpg)
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 (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.
Well duh, of course it's going to break its ATH and then break it again and then again this year. Provided the FBI doesn't come in and gatecrash the party of course, like they tried to do a month ago.
I hope everyone is busy accumulating satoshis, because this run has the potential to be like the one in 2021.
We have to hold the coins which we already have bought and wait for the accurate time where our target will be accomplishable and maybe such duration takes time to happen but it will be easy for us to wait if we have patience and trust in our assets.The trust has been already established what people needs most is patient to hold till the market changes direction, let say for those who are basically expecting the market to change instantly without knowing that the market always has a sequence to follow, and if that is not obeyed then there could be lapses that is why many people makes investment and never exercise patient for the market to soar before selling of their investment.
Bitcoin price will constantly cross its ATH and we will find similar data if past. Bitcoin price has already managed to surpass its previous ATH. Do you think btc price can hit $100k or more this year? Anything that can happen with Bitcoin is not impossible but everything requires a long time and process. So I can't expect it for this year. But I invested in Bitcoin and decided to hold until it crossed $100k. If it happens within this year it will be easier and faster for me to meet the targetBitcoin, 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.
Well duh, of course it's going to break its ATH and then break it again and then again this year. Provided the FBI doesn't come in and gatecrash the party of course, like they tried to do a month ago.
I hope everyone is busy accumulating satoshis, because this run has the potential to be like the one in 2021.
Crypto analysis: BTC staying above $67,000 but still in threat to fall back 16% from current priceThe Bitcoin market hovered between $65K to $67K for several days but yesterday we saw the Bitcoin market close to $72K. If the market goes up a little from this position, the market will reach its maximum position. The market may stay between $72K to $70K for a while now and after staying here for a while the market may pump again big time. I wouldn't be surprised if the price of Bitcoin touches $100k at this stage as it is very likely to happen.
(https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgfcC9mqMdbAF-jc6CE8aFhkm4PaPwZsJuNK9LIRjSRXewAyIKxW8HCi8VxKja_TRmOFQSBLZZL4l3Jhyotpcj1Ve1loGe3281LAsvaQEAbcL0N4KIyKdljcuWwfYPcC1AKFr_zRk8fLnwBLbxuVUQnO9paUtdcx0fLf_q87w8NjuodF686j2CKI7-nmuHH/w640-h420/BTC%20price%20latest.jpg)
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 (https://www.cryptocrit.xyz/2024/05/Crypto-analysis-BTC.html)
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.If the it doesn't escape from the downtrend pattern, it means Bitcoin may drop again below $60k?
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.Not sure if Bitcoin price can increase above $100k. So I'm not really optimistic to see the price above $150k. If it can cross $100k, I think it is enough to make a big hype among the investors or Bitcoin holders.
The trust has been already established what people needs most is patient to hold till the market changes direction, let say for those who are basically expecting the market to change instantly without knowing that the market always has a sequence to follow, and if that is not obeyed then there could be lapses that is why many people makes investment and never exercise patient for the market to soar before selling of their investment.
It is normal for investors to think this way, in fact every single investors which their investment to increase overnight without them knowing that it would take a little long time so even though the market suddenly shoot up then we can say it's a plus to them than being too optimistic that the market will just changed instantly.The trust has been already established what people needs most is patient to hold till the market changes direction, let say for those who are basically expecting the market to change instantly without knowing that the market always has a sequence to follow, and if that is not obeyed then there could be lapses that is why many people makes investment and never exercise patient for the market to soar before selling of their investment.
Before investment investors often say that they will hold their investment with patience but when the time comes they start to create a worried situation for himself and others. If they cannot sustain their investment for a longer time then they should not invest in Bitcoin because the success is not possible for those who cannot wait and control their aggressiveness.
Bitcoin can give you sudden profit but not all the time and when you choose Bitcoin at dip and suddenly the worth increases then you can take profit but this doesn't happen always so you should remember that market changes are regular which cannot be neglected.
Hmm, Quite an old post almost 8 days old, anyway, OP yup there's no doubt that Bitcoin ill break its ATH with a new one anytime soon but we cant put any word on the time, yup it is expected that in the coming few weeks a new ATH will be here, AS you know already the market is around 69k to 70k range, and whenever Bitcoin will hit the 70k it will gradually weaken the resistance level and as soon we break through this bottleneck market will explore a new momentum towards an ATh ranging from the 76k to 80k range. Let's wait for it.
Hmm, Quite an old post almost 8 days old, anyway, OP yup there's no doubt that Bitcoin ill break its ATH with a new one anytime soon but we cant put any word on the time, yup it is expected that in the coming few weeks a new ATH will be here, AS you know already the market is around 69k to 70k range, and whenever Bitcoin will hit the 70k it will gradually weaken the resistance level and as soon we break through this bottleneck market will explore a new momentum towards an ATh ranging from the 76k to 80k range. Let's wait for it.
I agree with you, seeing that bitcoin is approaching $70K, I think bitcoin will soon reach a new ATH. I'm curious about Butcoin's achievement of surpassing $80K, what will happen to altcoin prices, whether we will see an altcoin season soon. This will be very interesting to wait for.
Yeah a lot of investors predict it will be reaching $85k to $100k next all time high so yeah let's wait for it and at the same time prepare for it as I think we cannot afford to miss the opportunity ever again. But we should also expect huge numbers of sellers waiting for that ATH so be aware of that.Hmm, Quite an old post almost 8 days old, anyway, OP yup there's no doubt that Bitcoin ill break its ATH with a new one anytime soon but we cant put any word on the time, yup it is expected that in the coming few weeks a new ATH will be here, AS you know already the market is around 69k to 70k range, and whenever Bitcoin will hit the 70k it will gradually weaken the resistance level and as soon we break through this bottleneck market will explore a new momentum towards an ATh ranging from the 76k to 80k range. Let's wait for it.
I agree with you, seeing that bitcoin is approaching $70K, I think bitcoin will soon reach a new ATH. I'm curious about Butcoin's achievement of surpassing $80K, what will happen to altcoin prices, whether we will see an altcoin season soon. This will be very interesting to wait for.
Yeah a lot of investors predict it will be reaching $85k to $100k next all time high so yeah let's wait for it and at the same time prepare for it as I think we cannot afford to miss the opportunity ever again. But we should also expect huge numbers of sellers waiting for that ATH so be aware of that.Now it only focuses on collecting Bitcoin at a cheaper price.
Bitcoin will not always stay to it's current price, we all expecting for the impulsive upward movement of Bitcoin. We already witnessed the halving and we are now waiting for the another ATH to happen. So don't lose hope if we see low demand because it's normal and based on my analysis if ever the price goes down it's just a retracement.
Bitcoin will not always stay to it's current price, we all expecting for the impulsive upward movement of Bitcoin. We already witnessed the halving and we are now waiting for the another ATH to happen. So don't lose hope if we see low demand because it's normal and based on my analysis if ever the price goes down it's just a retracement.
As I have said on several occasions, I think it is a bad habit to expect that after there is something very good in terms of Bitcoin, the market will React once and for all, no, I think there are many things that have to do with the treatment. of the market, personally I have Always said that since there is no good news we should wait, is there any possibility of buying Bitcoin? What price drop? You can buy, but whenever there is good news you have to be patient, if the price is going to rise, but we don't know when, the more good news there is the better, although I think sometimes the market always does. the opposite of what we all Expect. .
Bitcoin will not always stay to it's current price, we all expecting for the impulsive upward movement of Bitcoin. We already witnessed the halving and we are now waiting for the another ATH to happen. So don't lose hope if we see low demand because it's normal and based on my analysis if ever the price goes down it's just a retracement.A retracement of price for one to keep buying bitcoin and applying a DCA strategy to it because at whatever price you buy bitcoin at now(high or low), it will surely go above such price before the end of this year. However, the possibility is there "for bitcoin to skyrocket this year and next year because of the bull run'', as anticipated
Considering the OP post time I will say he was right, if BTC successfully managed to maintain that price it can definitely touch the new ATH even and many people are also saying it can make new ATH as well. Overall whether it drops or not, I am optimistic about its price as in the long run, BTC is going to make new ATH as its in its nature to make new ATH after the halving event.If bitcoin manages to reach a new ATH of $80k, I think it has the potential to reach $100K later this year, or perhaps early next year. But looking at the movement this week which managed to reach above $70K again, I think $100K is something that Bitcoin can reasonably achieve. This is not a high expectation, but many have predicted this will happen.
Although since the halving event, I have not seen any miner bragging about the block reward I think they already are earning more than enough from the block reward and from the fee collectively. Well, that's a good thing as well. I think BTC will make a new ATH of $80k what you guys think can it reach the price of $100k or more?