Bitcoin to $85K by December?

[debra]

$85k by the end of the year is not an unreasonable expectation.
We broke another ATH today, which currently is set at $77,252.75, so we need only +10% from there to reach the $85k. Not to sound too greedy, but if all goes in a similar pattern as in the last cycle, we could expect much more than that.
But I have a feeling that something might go wrong. It's just strange that the price behaves the way that everyone expects. It's too good to be true.

$85k looks possible if we keep having good news. Yes, we can break ATH $77k just in few days after we have good news of Trump's win. It was the price still below $70k in November 6. We have a lot of days before the end of this year, so why it is impossible to reach $85k? However, we must be realistic, Bitcoin may not increase constantly. There should a dump or correction.

Well, even if it seems too sweet to be true, but it is not impossible, right?
If we have another good news, it is possible we will see $80k soon. November and December are the time of green market, so there is a chance of the further increase of Bitcoin price.

[babo]

today when I woke up I saw the price at 79k
now we are almost at 80k
I think we'll get to 85 well before December at this rate
clearly there has to be a healthy fix at some point otherwise it becomes very dangerous do trade or other stuff

[BitMaxz]

today when I woke up I saw the price at 79k
now we are almost at 80k
I think we'll get to 85 well before December at this rate
clearly there has to be a healthy fix at some point otherwise it becomes very dangerous do trade or other stuff

It is actually $80k just a few minutes ago, the price reached $80,380, and it seems it is still going to pump more.

It seems we will see $85k these coming days or before the end of this month. The election has had a significant impact on the cryptocurrency market, and election betting is now legal. I don't see any sign yet for bearish momentum, but it keeps rising.

[babo]

It is actually $80k just a few minutes ago, the price reached $80,380, and it seems it is still going to pump more.

It seems we will see $85k these coming days or before the end of this month. The election has had a significant impact on the cryptocurrency market, and election betting is now legal. I don't see any sign yet for bearish momentum, but it keeps rising.

we have also broken through 81k, so as you can well understand, we are close to both 85k and the next milestone, 90k
little by little, one after the other, these objectives will be achieved and the last myth, that of the 100k, will also fall
not immediately obviously, it wouldn't be normal

[ABAK]

With the current upward momentum in $BTC, it's likely that the token will surpass $85K and potentially reach $95K. I believe that a majority of crypto enthusiasts are buying and holding before the end of December which will contribute positively to the price, especially ahead of Christmas, as it will likely see significant demand.   

[Stuart]

So far so good, BTC has broken the $85k price mark and is moving to $90k. It's quite certain that the price could get to $90k even before the end of this week.

The Trump effect on BTC has really made a huge change in the market. This I'm sure is the very first time in the crypto industry where we experience two new ATH in same year (I stand to be corrected)

The battle of BTC getting to $100k price mark will be determined before the end of November, cause the move in November is not slowing down, a lot of green candles on the charts. 2024 will close up on a $100k ATH or above.

Corrections may come in later after the new ATH.

[BitMaxz]

So far so good, BTC has broken the $85k price mark and is moving to $90k. It's quite certain that the price could get to $90k even before the end of this week.

The Trump effect on BTC has really made a huge change in the market. This I'm sure is the very first time in the crypto industry where we experience two new ATH in same year (I stand to be corrected)

The battle of BTC getting to $100k price mark will be determined before the end of November, cause the move in November is not slowing down, a lot of green candles on the charts. 2024 will close up on a $100k ATH or above.

Corrections may come in later after the new ATH.

It's $89,575; with one more spike, it will touch the $90k level. The uptrend momentum still keeps increasing it seems the buying pressure is still high compared to selling. Even without much more trading activity these hours the price still pushing until it reach $90k.

Trump's victory has had a significant impact, and I believe new policies will be implemented for crypto that attract people to invest more in Bitcoin.
This is the most frequently mentioned reason in the news for Bitcoin's price surge.

[babo]

If I didn't see badly we even passed 90k
so oh my if we made 85k by December
scary
I think the next goal is 100k, which in my opinion is the psychological threshold that we are all waiting for before we can say that we are truly in a bull run
in my opinion of course

[debra]

If I didn't see badly we even passed 90k
so oh my if we made 85k by December
scary
I think the next goal is 100k, which in my opinion is the psychological threshold that we are all waiting for before we can say that we are truly in a bull run
in my opinion of course

We can pass $90k, but it seems not easy to pass now.
I see BTC already tried to pass it few times, but the price dropped again to $87k. But I think it won't be something bad although the price returns to $85k. It is normal, we also need a correction to make everything balanced. After we experienced some big pumps, there should be some dump. Now, everyone must expect a big correction before the Bitcoin price continues to reach $100k.

[Uruhara]

If I didn't see badly we even passed 90k
so oh my if we made 85k by December
scary
I think the next goal is 100k, which in my opinion is the psychological threshold that we are all waiting for before we can say that we are truly in a bull run
in my opinion of course

Currently the price of bitcoin has made 4 attempts to reach $90k.
- The first flop was priced at $89.5k
- The second failed at $89.4k
- The third failed at $89.94k
- The fourth failed at $89.87k

And it looks like bitcoin will try again in the near future. Hopefully it reaches past 90k. Because I already want to see the altseason after this. because it seems like the party up to now is still just around bitcoin
  

[Asiska02]

If I didn't see badly we even passed 90k
so oh my if we made 85k by December
scary
I think the next goal is 100k, which in my opinion is the psychological threshold that we are all waiting for before we can say that we are truly in a bull run
in my opinion of course

The title of the thread made me to open it again, because this is still November and we’ve already seen a breakthrough the $85K the OP was expecting by December. With the big move already happening in the market, I’m left with no choice to believe that this is the bull run and we are already in it. The psychological threshold in no time will soon be reached and when it does happen this month, or by next month, the next threshold for the bull run should be $150K. On how the market moves to get there will determine more how far and what price we should be expecting to be the all time high of this cycle.

[babo]

The title of the thread made me to open it again, because this is still November and we’ve already seen a breakthrough the $85K the OP was expecting by December. With the big move already happening in the market, I’m left with no choice to believe that this is the bull run and we are already in it. The psychological threshold in no time will soon be reached and when it does happen this month, or by next month, the next threshold for the bull run should be $150K. On how the market moves to get there will determine more how far and what price we should be expecting to be the all time high of this cycle.

We have already reached 94k in a very short time
I expect to break 100k by the end of the year, and i don't think I'm the only one expecting something like that
in general there is really a lot of euphoria, the fear greed index is at its highest ever

but be careful, squeezes are always around the corner