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

[|MINER|]

The market is currently in an unpredictable state so nothing can be said with certainty at this time.  So I think if anyone thinks that Bitcoin will touch 70k this month then it is definitely not wise. And I will tell you to refrain from investing in the target of 70k in the month of September.

Now if anyone wants to invest in bitcoin I would say that bitcoin must be invested for long term because market conditions can change anytime in short term so those who want to invest for long term can try investing in 58K

[LUCKMCFLY]

The market is currently in an unpredictable state so nothing can be said with certainty at this time.  So I think if anyone thinks that Bitcoin will touch 70k this month then it is definitely not wise. And I will tell you to refrain from investing in the target of 70k in the month of September.

Now if anyone wants to invest in bitcoin I would say that bitcoin must be invested for long term because market conditions can change anytime in short term so those who want to invest for long term can try investing in 58K

I agree with you, for me the price is difficult to predict , I would be much more inclined to think that the best thing for now is that those who can buy, do so because it is the only way to save much more for when it goes up in the way it is, not only $70k is what it can go up, it probably will but I would not be so sure that it would be in this month, I could only think about November-December, that is most likely, but yes, we have to see how world events continue, which is what points most to US policy.

[kulkhan]

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.

We know everything is possible in cryptocurrency market. But now market situation is very negative. I think there has no chance to touch $70k within 1/2 month. I think Bitcoin price is going to $50k. Now Bitcoin price is under $58k. Which few days ago was near about $70k.

Now Bitcoin price is unstable and gradually it decreasing. So i think within short time Bitcoin price reach $70k not possible i think. I think we have to wait till begaining of 2025.

[Asiska02]

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 prediction of Bitcoin to reach a particular price has become very hard to predict right, the market has been fluctuating since touching the new ATH before the halving. The fluctuations of the market and the price been on a consistent downward pattern has made it look very impossible for bitcoin to hit $70K last month and also as the month has just began, if the market continues in the negative direction, it’ll probably not hit the $70K still at the end of the month.

[sampoerna]

Actually, this is a very reasonable expectation. However, it may not be as easy to realize. Maybe this September there will be a good increase in the crypto market. However, to soar to $ 70k, or more, it takes a strong enough trigger.

Hmm, maybe at least next October, the market will start to really experience a significant increase, if there is no big FUD that interferes. We know the term Uptober which also happened several times before the last bullish season, if October is usually one of the months that determines the increase in the market. And we really hope this will really happen.

[ZAINmalik75]

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.

I also expect another rally to $70k, but I don't think it will reach that level by the end of September. I haven't found any news that could drive BTC up in September. If you have anything in mind, please share it so we can discuss our opinions. $58k is not an ideal level for BTC, and I’m not concerned about ETH for now.

August was not a good month due to the market dump caused by Japan's interest rate and loan issues, but I don't anticipate a similar event in September. If something like that were on the horizon, we'd likely have seen some news by now. In the long run, there's no doubt BTC can hit $70k.

[gunhell16]

All the communities on this forum platform are expecting that even the 70k$ price of Bitcoin will actually happen, but no one really knows the definite exact date, month, and day if it will happen. That's why until now the unpredictability of the market remains.

And most people also know why, because of the volatility that Bitcoin does have; that's why bitcoin and cryptocurrency are called volatile assets. Because all of us here in the field of crypto space get profit and loss profit at the same time.

[Faisal2202]

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.

That's an obvious target for BTC to hit what specific are you saying here and ETH will also touch its ATH again but we can't tell for sure if they will hit these targets in Sep because no one really can tell the time and date for the aforementioned tokens to hit these targets but in the long run they will touch these targets and that's for sure.

We just have to hold onto our holdings as long as we can because the bullish cycle has not yet shown its color (green color, haha), so we should wait for that, but there is no guarantee of that as well (giving disclaimer). We all should do our own research.

[Ricardo11]

Bitcoin is Dumping Now, Bitcoin price is down 4.3% in the last 24 hours, Bitcoin dropped to a low of $55,746 in the last 24 hours, and is now worth $56,520. Bitcoin's current movement looks like it will drop further and drop below 48K, and if it does indeed drop below 48K then we could see a powerful pump. Now let's see what actually happens.

[Fivestar4everMVP]

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.

Well, bitcoin is currently around $56,500, while eth is currently around $2,300, this goes to show that $58k was never the key level for bitcoin, while $2,500 was also never the key level for eth, this two crypto assets have the most percentages in  market dominance and kind of control what 80 to 90 percents of other Altcoins do, and currently as expected, several Alts are bleeding.

According to the news I read this morning, it was said that the Fed has again, hiked interest rates, and this is possibly the reason why we see that some money have left crypto, personally, I am not bothered about this, in fact, it's a buying opportunity for us all, but concerning when bitcoin will hit $70k again, this is hard to tell or guess or predict, the crypto market have been recently dull in general, and until  something positive breaks out to lighten the mode of the market, prices may likely continue to decline little by little with some minor rises from time to time.

[sagarmota10]

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.

As of my view Bitcoin weekly RSI suggesting breakout above within September and can jump to 63k and fomo can touch to 70k.

[sagarmota10]

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.

I'm agree with you and also looks like that after 12 September 2024 BTC will try to pump towards the 63k and next 70k.

[Pastaral]

Bitcoin is Dumping Now, Bitcoin price is down 4.3% in the last 24 hours, Bitcoin dropped to a low of $55,746 in the last 24 hours, and is now worth $56,520. Bitcoin's current movement looks like it will drop further and drop below 48K, and if it does indeed drop below 48K then we could see a powerful pump. Now let's see what actually happens.

Bitcoin is really fluctuating a lot at the moment.But Bitcoin price will definitely increase because pumping happens after big dumping.

[Dr.Bitcoin_Strange]

I don't think it's possible that Bitcoin can reach $70k this month, it will definitely not surpass $60k+, although the market can take another quick turn depending on any arising event or any positive market trend. There's a saying that anything is possible with the price of Bitcoin or other cryptocireencies, it's possible that Bitcoin can even reach $80k in a few days or drop down to $50k in a few days, it just depends on what influence the price change.

[bounceback]

I don't think it's possible that Bitcoin can reach $70k this month, it will definitely not surpass $60k+, although the market can take another quick turn depending on any arising event or any positive market trend. There's a saying that anything is possible with the price of Bitcoin or other cryptocireencies, it's possible that Bitcoin can even reach $80k in a few days or drop down to $50k in a few days, it just depends on what influence the price change.

Right, recently bitcoin get stuck around $56,600 and have been longer time difficult break above $60k since last moth significant crash due any bad news happening. Indeed have many days or many weeks left for this month seems difficult for breaking out and reach higher price above $70k due bitcoin price not stable yet.
Cryptocurrency market look downtrend moment right now and bit pessimistic will bitcoin reach until $70k for this month remaining 24 days left. My target bitcoin reach up above $65 in few weeks later before looking how possibility reach above $70k or create new ATH since last four months ago.