Could BTC be aiming for 80k

[Smilez]

As a regular futures trader, seeing BTC hit $60K was exciting, but I think we'll still have a pullback before the next bull run.

In the meantime, I plan to take full advantage of the current market. Does anyone have ideas on how to maximize profits during this period?

[target]

Since you already have it in mind that there will be a pull back before the bull run then it must also be in your mind to just execute a long position after the bottom of this pull back.

Same as the long term holder who plans to make money in bull season, they also be buying. The only issue for now is figuring out when is the right time.

[bayu7adi]

Since you already have it in mind that there will be a pull back before the bull run then it must also be in your mind to just execute a long position after the bottom of this pull back.

Same as the long term holder who plans to make money in bull season, they also be buying. The only issue for now is figuring out when is the right time.

Yes, the dip point is always hard to guess.. even we will only know the dip point on the words "buy the dip" after the position is missed. That's why people who are quite doubtful of their guesses, DCA is always used as a solution when entering.

And it seems that OP's prediction is correct, considering that the price of BTC suddenly dropped 3% from the $ 60k level, now perched at $ 58k ... to reach the $ 80k position I think the most difficult resistance level to penetrate is $ 71k ... several times failed to prove that it is not easy to ensure the price of Bitcoin up to millions of dollars for one coin ... because even the $ 75k level has never been reached.

[sagarmota10]

Of course as of now have to focus on btc dominance and while ETH/BTC pair start move and bounce from current level you may get big profit and sure shot October is the month which can change our life.

[JISAN]

As a regular futures trader, seeing BTC hit $60K was exciting, but I think we'll still have a pullback before the next bull run.

In the meantime, I plan to take full advantage of the current market. Does anyone have ideas on how to maximize profits during this period?

I want to tell you at the beginning that futures trading is very risky and should not be a long term investment. Bitcoin price will hit $80k and this is likely in the first quarter of next year.   However, no one can give you financial advice on this and the price of Bitcoin can take a big dump before as seen recently. so in futures trading one should not trade with any target where there is a possibility of losing your balance completely.  If you want to invest with a target of $80k then buy bitcoins on spot and hold till then. It will be safe for you

[Asiska02]

As a regular futures trader, seeing BTC hit $60K was exciting, but I think we'll still have a pullback before the next bull run.

It has been speculated severally that a pull back is possible before we eventually see the bull run. For the technical analysts of the market, they predict bitcoin to still trade far below the current price it is now. This are all speculations until when proven.

In the meantime, I plan to take full advantage of the current market. Does anyone have ideas on how to maximize profits during this period?

You’ll get different views on this but you may not get the exact price that’s the best time to take advantage of the market. The market can’t be foreseen but can only be speculated, so I think you should just try to look for the best time yourself that your instincts convince you to be the best time for it.

[Themepen]

Yes, the dip point is always hard to guess.. even we will only know the dip point on the words "buy the dip" after the position is missed. That's why people who are quite doubtful of their guesses, DCA is always used as a solution when entering.

And it seems that OP's prediction is correct, considering that the price of BTC suddenly dropped 3% from the $ 60k level, now perched at $ 58k ... to reach the $ 80k position I think the most difficult resistance level to penetrate is $ 71k ... several times failed to prove that it is not easy to ensure the price of Bitcoin up to millions of dollars for one coin ... because even the $ 75k level has never been reached.

Yes you are right it is hard to know when prices will go down. We only know after it happens. That is why some investors use strategy called DCA to reduce risks. There is big obstacle at $71,000. Bitcoin has tried to break through this level before but failed. Reaching $75,000 or even $1 million per coin is a big challenge.

Bitcoin has done well so far but there are many challenges ahead. Investors should be careful and prepared for big changes in the market.

[Sim_card]

As a regular futures trader, seeing BTC hit $60K was exciting, but I think we'll still have a pullback before the next bull run.

In the meantime, I plan to take full advantage of the current market. Does anyone have ideas on how to maximize profits during this period?

Nobody knows if there will still be a dip or not because no one can predict the price movement of bitcoin. However, seeing bitcoin at 60k is a good sign that the bull run is close. I am buying more bitcoin to fill up my bag so that when the bull run comes, I can take some profit from my bitcoin investment. Buy and hodli because I don't think that the bull run might be at December or first quarter of next year.

[bettercrypto]

As a regular futures trader, seeing BTC hit $60K was exciting, but I think we'll still have a pullback before the next bull run.

In the meantime, I plan to take full advantage of the current market. Does anyone have ideas on how to maximize profits during this period?

Actually, they are aiming for 80k, but they always have to break the 60k first, and when it is broken, the 70k will follow. That's just the way it is, because it seems like a few months have passed and it seems like it's very difficult to break the 60k, and if it breaks, it also falls again.

The market is actually very unpredictable, so others do futures trading so that they can somehow collect earnings in this field of the crypto space.

[Azharul]

I think your creat this topic is essential for discussion in this time. Because we can see that bitcoin price is continue in up and down. We also know that bitcoin is the best profitable and world first currency in the cryptocurrency market. We also saw that bitcoin price is neat to $60k in this time. But if we follow in a few days ago, we can see that bitcoin price was reach in little down. So i think that within a short time bitcoin price will reach in $70k. So i believe that gradually bitcoin price will cross in $70k.

[MUGNIA]

The lowest point of btc is hard to predict, so in my opinion if you are targeting 80k$ then btc at a price of 60k$ or below is good enough to buy because if you buy at a price of 58k$ you can get enough profit in my opinion
and for the price of 80k$ itself, it will definitely be possible to pass if a bullrun is created,

[LogitechMouse]

As a regular futures trader, seeing BTC hit $60K was exciting, but I think we'll still have a pullback before the next bull run.

In the meantime, I plan to take full advantage of the current market. Does anyone have ideas on how to maximize profits during this period?

Well, it just shoots up to $61,000 just a few hours ago until it retraced below it and currently the price is at the $60,400 price range.

It's just good when you made a long position just before it's price went up. Like you though, I also expect for a pullback to happen. Maybe after the FED release the announcement regarding the cut on the interest rate then that will be the time where Bitcoin's price will tumble yet again. How to maximize profits? Do futures trading. I assume that you're making profit already in trading hence, you can maximize your profits by constantly making trades that will give you profit. The more trades, the better but you know the risks of it.

[Aanuoluwatofunmi]

As at now, the target is not even on $80k but the market is showing the readiness of breaking the all time high between now and the year ends, there are so many resistance over the market sentiment, but bitcoin is still finding it more of an overcoming trend to surpasses the $60k market range and further to something higher from that zone, which is why we have more expectations on it than ever anytime soon.

[sampoerna]

For now, in the middle of September, the BTC price is still struggling around the $58k-$60k mark, and maybe it is struggling to break through at least $65k first this month. If that succeeds, there is a possibility that next month the Bitcoin price will be able to return to $70k again, only, before that there will definitely be a market correction first as usual.

yes, it depends on how the news will affect the price, because it is undeniable that the news has a lot of impact on the development of crypto prices, especially Bitcoin which is our main concern.

[sonaa]

It is not easy to trade then, so long term investment in it is risky.  Bitcoin will skyrocket but don't rely on it and Bitcoin price may take a big dump before it is seen recently.   So in futures trading one should not trade with any objective where there is a possibility of losing your balance completely.  Bitcoin can even go beyond $80k if investing in it can be targeted and held.