Does bitcoin can hit 70k end of the September 2024?

[sagarmota10]

As we know the BTC almost decrease by approximately 8% in the month of August 2024 and sustained at 58,000 USDT.

58K is key level for BTC and 2500 for ETH.

Expected one shot rally in BTC to hit 70k.

[electronicash]

you can only hope. there have been discussions about this already in the forum and which someone said the bottom price was already determined last month which is the $48k.  its said that price might just dip that support line again and if break out happens the price could drop further.

but i think it may just bounce after hitting that 48k which the bulls could start the run.  hopefully after all this year is a halving year which according to the market cycle, its always going to hit the season.

[Hatchy]

As we know the BTC almost decrease by approximately 8% in the month of August 2024 and sustained at 58,000 USDT.

58K is key level for BTC and 2500 for ETH.

Expected one shot rally in BTC to hit 70k.

Possibly the support line may hold it above the 50k line for now, no one can give you an exact market move as btc and cryptocurrency are volatile. It can change its bearish trend any time soon and continue upward as expected. But we shouldn't expect too much from the market this year. The bull season will likely occur in early 2025 or later. But then I just feel like the market would remain within the 50k-60k mark for now... it's still just an assumption like I said, anything can happen.  To me it's still a better time to buy more btc and hold..

[TomPluz]

One thing for sure we can only study, analyze and speculate as nobody can be sure of what can be with Bitcoin being a very volatile asset...it can go up and down anytime for no reason at all. I am expecting that there can be a new ATH in September but this is just my personal prediction and I don't have the basis backing up my prediction...so let's just say I am wishing that it can happen. September can be a lot better than August which is known as the ghost month. Let's see what can be...hoping for the best and expecting the worst. The most important thing is to continue on hodling and never mind the news and the movement of the price except of course if you are into trading.

[bayu7adi]

Expected one shot rally in BTC to hit 70k.

So far there is no strong reason to be able to reach 70k again by the end of September, considering that some people also do their own analysis, and find that in the short and medium term, Bitcoin prices tend to be bearish...

Unless there is market manipulation to liquidate assets that are currently short... this price manipulation conspiracy could happen to at least $65k so that some futures trading service providers can profit. But that is not easy to happen.

Since I am a long-term holder, so I tend to monitor the price first... $70k is still possible, because we don't know what other triggers will be present in the near future.

[Ricardo11]

We should not be too optimistic about Bitcoin this year, as the market is beyond our expectations. Bitcoin may still go down, the market is currently at 58K and it may drop further, and may drop below 49K, if it goes down to 49K then it is sure to bounce well after that. But it is not certain, because the market can go up, no one can say for sure which direction the market will go.

Currently, some expect that we may even see a bit of a pump later this year, and in 2025 we will enjoy a real bull season, which is very likely.

[_act_]

We do not know if bitcoin can hit $70000 in September but I think its price will not fall as it fall in the previous three months and since May. United States election is around the corner and what I can expect is the price of bitcoin not to fall but increase a little or more in the following months. But if the price fall more, I am certain that it would increase back to this price that it is now within short period of time. Holding now would be good.

[bounceback]

Last several days ago, Bitcoin price not stable yet after reaching above $60k have drop under $57k recently, but for September have many days left around 26 days later if bitcoin price keep not stable yet quit sure will hit above $70k.
Need more than 30% for hitting above $70k and its difficult moment for bitcoin how easily get FUD when sharing any bad news.

But waiting few days later or until this middle month any possibility for Bitcoin recovery and up above $65k before hitting until $70k or bitcoin will get another cash moment behind get difficult stable for higher price.

[Gurujebs]

As we know the BTC almost decrease by approximately 8% in the month of August 2024 and sustained at 58,000 USDT.

58K is key level for BTC and 2500 for ETH.

Expected one shot rally in BTC to hit 70k.

How can you say $58k is the key level or you wanted to say it's part of the key level. The global support of Bitcoin is around $52k and I have not seen any speculation that will make us go that side soon. What I think might happen is that September is not a good month for crypto but there is some event that folks are expecting, there is high chance September might turn out well.

The only thing I'm not sure with this calling is stability of $70k. You know going there isn't the problem at all but can we really sustain the sell pressure that will come later if we ever get to that price, it will come down quickly if people sell.

[MrSpasybo]

How can you say $58k is the key level or you wanted to say it's part of the key level. The global support of Bitcoin is around $52k and I have not seen any speculation that will make us go that side soon. What I think might happen is that September is not a good month for crypto but there is some event that folks are expecting, there is high chance September might turn out well.

The only thing I'm not sure with this calling is stability of $70k. You know going there isn't the problem at all but can we really sustain the sell pressure that will come later if we ever get to that price, it will come down quickly if people sell.

Anything can happen: in September, BTC could drop to $40K or rise to $70K, especially since we can't predict how the market will react after the FED cuts interest rates. I can only say that we will have a pretty good Q4 with market growth, which means I can accept any fluctuations in BTC in September.

I predict that BTC price will continue to move sideways until mid-September and then rise and break out of the current correction to start a new uptrend to reach the $100K zone in the future. Therefore, for me, $70K is entirely possible for BTC this September. We will follow together to confirm our prediction.

[sagarmota10]

Today after  long time US index drop as rumor of Bank of Japan rate cut.

Dow, SPX and Nasdaq down and bitcoin also trading below 58K.

[Azharul]

As we know the BTC almost decrease by approximately 8% in the month of August 2024 and sustained at 58,000 USDT.

58K is key level for BTC and 2500 for ETH.

Expected one shot rally in BTC to hit 70k.

  Thank you very much for creat your excellent opinion, Because it’s the correct time for discriminated in bitcoin price. We can see that in this time bitcoin price is small lower. We know that bitcoin price is now in down of $60k. But we will expected that,in this time bitcoin price will hit in $70k. But we also know that crypto currency market will always depending on up and down. So i think that bitcoin price will be increase gradually. So if we can investment in bitcoin or cryptocurrency market, we should be wait until to grow up in bitcoin.

[JISAN]

As we know the BTC almost decrease by approximately 8% in the month of August 2024 and sustained at 58,000 USDT.

58K is key level for BTC and 2500 for ETH.

Expected one shot rally in BTC to hit 70k.

The latest major rally in Bitcoin price after the halving. And this time Bitcoin price may go around $50k although chances of going below $50k are very low. And then we could see a big bull run in 2025. So the process may take till November to complete.  And accordingly, the probability of seeing Bitcoin price at $70k in September is very low. But I can't guarantee it won't happen. Bitcoin ATH could be in $80-90k and max $100k is our dream to see.

[nakmantu99]

How can you say $58k is the key level or you wanted to say it's part of the key level. The global support of Bitcoin is around $52k and I have not seen any speculation that will make us go that side soon. What I think might happen is that September is not a good month for crypto but there is some event that folks are expecting, there is high chance September might turn out well.

The only thing I'm not sure with this calling is stability of $70k. You know going there isn't the problem at all but can we really sustain the sell pressure that will come later if we ever get to that price, it will come down quickly if people sell.

Anything can happen: in September, BTC could drop to $40K or rise to $70K, especially since we can't predict how the market will react after the FED cuts interest rates. I can only say that we will have a pretty good Q4 with market growth, which means I can accept any fluctuations in BTC in September.

I predict that BTC price will continue to move sideways until mid-September and then rise and break out of the current correction to start a new uptrend to reach the $100K zone in the future. Therefore, for me, $70K is entirely possible for BTC this September. We will follow together to confirm our prediction.

I think bitcoin price could reach $70K again if there is no bad news hitting bitcoin in September, although right now we see bitcoin seems hard to reach $60K. the market is still sluggish and the possibility of investor interest is also not good and it feels like they are still waiting. It is possible that we will see the market improve again in November and December this year.

[Crypto Library]

As we know the BTC almost decrease by approximately 8% in the month of August 2024 and sustained at 58,000 USDT.

58K is key level for BTC and 2500 for ETH.

Expected one shot rally in BTC to hit 70k.

It is actually very difficult to say with exact confirmation what the price of Bitcoin will be in any given month.  However, market conditions and the current global situation, especially the election of the United States of America, have a lot to do with Bitcoin price ups and downs.  As far as I'm concerned Bitcoin price will not touch 70 in September under this scenario.
According to the current support of Bitcoin, for now I would say to observe the first two weeks of September and then understand how the next two weeks will go, but I think the price of Bitcoin will fluctuate from 57k to 66k at the moment.