Bitcoin to $85K by December?

[Primo1760]

Will Bitcoin hit $85,000 by 2024 with the volatility that has started in the Bitcoin market? Meanwhile, by the end of 2024, we have made many assumptions about the Bitcoin market. Depending on the current price scenario, the question is can Bitcoin surpass $85,000 by 2024? What do you think, spread your predictions here.

[famososMuertos]

It is always curious that there is a fixed range for discussion, the most feasible reality is that we have a new ATH, that is how I see it, I think that before the end of 2024 we will set, for the first time, two ATHs for the same year of the Halving.

[TomPluz]

As for me and with the way things are right now in the world of cryptocurrency and in the global geo-political landscape, I am not seeing the possibility for BTC to get as high as $85K before the year ends - it would even be a big miracle already if there can be a new ATH before 2025 will enter the scene. Usually, December is not a very good month for Bitcoin as more and more hodlers might be cashing in for their holiday expenses...and usually investors are getting their focused away from Bitcoin. I can be wrong though. Now, am more pinning my hope with the entrance of 2025 which may bring new and refreshing energy to the market most especially if Trump will be inaugurated in January 20 in the White House.

[Stompix]

Will Bitcoin hit $85,000 by 2024 with the volatility that has started in the Bitcoin market?

Two possibilities:
a) it will
b) it will not
Also a question, why 85k?

Usually, December is not a very good month for Bitcoin as more and more hodlers might be cashing in for their holiday expenses...and usually investors are getting their focused away from Bitcoin.

Two ATHs happened in late November and December, 2013 and 2017 respectively, so it can't be ruled out!

[satpol_PP]

As for me and with the way things are right now in the world of cryptocurrency and in the global geo-political landscape, I am not seeing the possibility for BTC to get as high as $85K before the year ends - it would even be a big miracle already if there can be a new ATH before 2025 will enter the scene. Usually, December is not a very good month for Bitcoin as more and more hodlers might be cashing in for their holiday expenses...and usually investors are getting their focused away from Bitcoin. I can be wrong though. Now, am more pinning my hope with the entrance of 2025 which may bring new and refreshing energy to the market most especially if Trump will be inaugurated in January 20 in the White House.

Maybe the price of 85K before the end of this year is a reasonable price, but this geopolitical atmosphere will end before December or will get worse, we also have to think about this. because if Donald Trump loses and the Iran-Israel war gets bigger, then the price of Bitcoin will likely fall by the end of this year. but don't worry, because the bullish season is still long. it will happen next year.

[bitterguy28]

Will Bitcoin hit $85,000 by 2024 with the volatility that has started in the Bitcoin market? Meanwhile, by the end of 2024, we have made many assumptions about the Bitcoin market. Depending on the current price scenario, the question is can Bitcoin surpass $85,000 by 2024? What do you think, spread your predictions here.

many people expect bitcoin to reach $100k even before 2025 i will not rule it out but since we have not yet even reached $70k these past few months it would seem like $100k would be possible at early months of 2025

now $85k seems more realistic i do think that a new ath will be achieved by december maybe earlier but safe bet would be by the end of the year and it could might as well be $85k

[bayu7adi]

Whatever theory you have, I hope 85k is a sweet number for the end of 2024... there are two months left and I should be optimistic that it will be something sweet by the end of the year.

Who doesn't like the sweet possibility? I think everyone here agrees that if BTC price goes up, then the next ALTSEASON comes... it will be like payday for all of us who hold cryptocurrencies. I can't predict accurately, but I pray that the new ATH will happen before the end of this year.

[yhiaali3]

Personally, I don't rule this out, I don't rule out that Bitcoin will reach $85K or maybe beyond in December, especially since I witnessed the first Bitcoin peak in December 2017. I was just starting out in the crypto world and it was a great time.

But given the variables that could arise during this period, such as the tensions in the Middle East that threaten a regional war, as well as the US elections, we may not see the peak until the beginning or during the first quarter of the new year.

[hugeblack]

Once we break the $73k levels, no one can predict the future direction of the price, as the rise of $10k will be fast and in less than a week. Therefore, $80k-90k will not be a stable price for the market and we will see higher levels.

[_act_]

All I know for now is that the bull run is not yet over. You can still hold your coins till 2025. If bitcoin does not reach all-time high in the remaining days of this year, be expecting it to occur in 2025. But we also have to be very careful because 2025 can also be the start of bear market but that will not happen without the bull run first occurrence.

[Rubel007]

Bitcoin price is likely to reach $85,000. But there are various guesses as to when it will reach that stage. Some believe that the price of Bitcoin will not exceed a new ATH this year, while there are others who think that Bitcoin will get another ATH by 2024. Market conditions and investor confidence are now at positive levels but it may drop below that level at any time. If the recent conflict between Israel and Iran becomes more serious, the price of Bitcoin could fall drastically. But if that doesn't happen then we could see a bull market in Bitcoin this year. It is also believed that if the market does not grow this year for some reason then we will be able to see a big bull run next year.

[target]

The charts is reacting in the not usual wayso it's highly likely that it's going to reset it's momentum in few weeks and will hit more than 70k again and maybe we'll reach up to 85k before the year end after all it's always a bull market in yultide season.

Your only hope is about your alt coins, whether their price are also pulled up by BTC trend. Even just 25% increment seems very hard to see.

[NotATether]

Also a question, why 85k?

I, too, wonder why $85k was chosen specifically. Before, we were throwing wild numbers around like $90K, $100K, $120K, even $150K and $200K, but this seems a bit unusual.

Unless a technical analyst specifically identified this number to be some sort of resistance where the moving averages collide, then I'm going to think that OP pulled this number from a random news article.

[smartaction]

Will Bitcoin hit $85,000 by 2024 with the volatility that has started in the Bitcoin market? Meanwhile, by the end of 2024, we have made many assumptions about the Bitcoin market. Depending on the current price scenario, the question is can Bitcoin surpass $85,000 by 2024? What do you think, spread your predictions here.

The current price of bitcoin is now 61k$ Expecting bitcoin price to rise in few months. For now we see no other option than to wait. It is thought that by the middle of next year the bitcoin market may touch $85,000. I thought.  Now I will invest some money in bitcoins and sell them when it hits $85,000. I am waiting to buy bitcoins when the bitcoin market gets dumped. Let's see what happens in the bitcoin market.

[Mr. Magkaisa]

Will Bitcoin hit $85,000 by 2024 with the volatility that has started in the Bitcoin market? Meanwhile, by the end of 2024, we have made many assumptions about the Bitcoin market. Depending on the current price scenario, the question is can Bitcoin surpass $85,000 by 2024? What do you think, spread your predictions here.

         -       When that happens, it's likely that all the top cryptos in the market will also increase in value, and that's a good sign. And also according to the history of bitcoin during the bull season, the price value of bitcoin is in a rally all month of December.

And probably the same is likely to happen this month of December of this year. And I hope it actually happens because that is exactly what the holders want to happen.