Bitcoin to $85K by December?

[luckyledger]

I was a bit confused about the price of Bitcoin but the way the price of Bitcoin is currently going, it looks like it will reach a good price by December. That could be upwards of $80,000.  No one can guarantee what the price of Bitcoin will be by December. But it can be assumed that must be given above 75 thousand dollars. Maybe it will be possible. Today, the price of Bitcoin hit around $68,000. Bitcoin price rose to $67950 today.  Looking at this movement in Bitcoin, it is expected that a major Bull Run in Bitcoin will be seen in December or January.  On the other hand, the US elections in December will have a more positive impact on Bitcoin if Donald Trump wins.

Why you are confused with Bitcoin price? 
Yes, it is very likely the price of Bitcoin to be above $80k in December if the price of Bitcoin can cross $70k in the near future. We need a good hype on the demand of Bitcoin in the market again. If the price can cross $70k again, the investors will be more interested to have bigger number of Bitcoin in their wallets.

In CMC, I see the price almost reached $68k. I think it can be around $69k-$70k in the next few days if there is no dump again. But if there is bad news again, we may have a dump anymore.

The current price of bitcoin has reached $67K, investors believe that bitcoin will soon exceed the price of $70K. But we must be aware of bad news that may suddenly come and make the market red, the price of bitcoin plummets. Because we know that geopolitical conditions are not good and many investors are waiting for the results of the US presidential election. But if the price of bitcoin can exceed $70K, it is likely that by the end of this year we will see the price of bitcoin touch a new ATH at $85K.

..Or better yet, we will see 100k rolling right up However, I think if we reach 85k, the rally behind BTC will be able to push the ATH further. That's my view on it.

[Uruhara]

If you look at the rapid increase that is currently occurring in bitcoin, the price of bitcoin could reach 85k this year as long as there is no FUD news that makes traders panic in the market. Currently, Bitcoin has even risen to a higher price than yesterday. Namely yesterday bitcoin reached 67k and now bitcoin has reached 68k and seems to be trying to touch the price of 69k. And it looks like the hope of seeing the price of bitcoin at 70k again can be realized this month.

[royalRitta]

If you look at the rapid increase that is currently occurring in bitcoin, the price of bitcoin could reach 85k this year as long as there is no FUD news that makes traders panic in the market. Currently, Bitcoin has even risen to a higher price than yesterday. Namely yesterday bitcoin reached 67k and now bitcoin has reached 68k and seems to be trying to touch the price of 69k. And it looks like the hope of seeing the price of bitcoin at 70k again can be realized this month.

Don't forget the geopolitics. They can always halt the Bull in its wake, albeit only for a little.

[Tribalchief]

If you look at the rapid increase that is currently occurring in bitcoin, the price of bitcoin could reach 85k this year as long as there is no FUD news that makes traders panic in the market. Currently, Bitcoin has even risen to a higher price than yesterday. Namely yesterday bitcoin reached 67k and now bitcoin has reached 68k and seems to be trying to touch the price of 69k. And it looks like the hope of seeing the price of bitcoin at 70k again can be realized this month.

Bitcoin's bullish movement was quite impressive and unexpected. After the uptober movement had initially failed to show, I wasn't expecting it, but it seems it has already started. And as for the FUD, I guess the recent news of Tesla moving all their Bitcoin (worth $760M) to a new wallet was a news that was suppose to cause a little shake, but luckily, we didn't get much impact. If Bitcoin can hit $70K during this bullish movement, then there will definitely be other interesting price discovery now or later.

[MUGNIA]

Price predictions will always be interesting to discuss because as we know the value of BTC is very difficult to predict, but everyone believes that BTC will reach a price ranging from 80K$ to 100k$ from now until the end of the year.

[Uruhara]

If you look at the rapid increase that is currently occurring in bitcoin, the price of bitcoin could reach 85k this year as long as there is no FUD news that makes traders panic in the market. Currently, Bitcoin has even risen to a higher price than yesterday. Namely yesterday bitcoin reached 67k and now bitcoin has reached 68k and seems to be trying to touch the price of 69k. And it looks like the hope of seeing the price of bitcoin at 70k again can be realized this month.

Don't forget the geopolitics. They can always halt the Bull in its wake, albeit only for a little.

Well, currently geopolitics always has the biggest impact on high-risk markets such as stocks and crypto. But I hope that doesn't happen this time. And everything will be fine.

If you look at the rapid increase that is currently occurring in bitcoin, the price of bitcoin could reach 85k this year as long as there is no FUD news that makes traders panic in the market. Currently, Bitcoin has even risen to a higher price than yesterday. Namely yesterday bitcoin reached 67k and now bitcoin has reached 68k and seems to be trying to touch the price of 69k. And it looks like the hope of seeing the price of bitcoin at 70k again can be realized this month.

Bitcoin's bullish movement was quite impressive and unexpected. After the uptober movement had initially failed to show, I wasn't expecting it, but it seems it has already started. And as for the FUD, I guess the recent news of Tesla moving all their Bitcoin (worth $760M) to a new wallet was a news that was suppose to cause a little shake, but luckily, we didn't get much impact. If Bitcoin can hit $70K during this bullish movement, then there will definitely be other interesting price discovery now or later.

Well, hopefully we can find the price of 70k this month. and if we can stay at this price for longer then it is possible that higher prices could be seen in the next month, namely November. It's just that we also have to be prepared for all the possibilities that sometimes make the market turn around quickly when everyone has FOMO.

[0t3p0t]

Price predictions will always be interesting to discuss because as we know the value of BTC is very difficult to predict, but everyone believes that BTC will reach a price ranging from 80K$ to 100k$ from now until the end of the year.

Yeah true. Predictiong prices could be very interesting most especially if you got the right guess where price is heading or even hitting the right amount you've got and what is more interesting is that when you hodl some portions of Bitcoinsyou might also have the higher chance of making great achievements by predicting the right path and at the same time make gains from it.

[Uruhara]

Price predictions will always be interesting to discuss because as we know the value of BTC is very difficult to predict, but everyone believes that BTC will reach a price ranging from 80K$ to 100k$ from now until the end of the year.

Yeah true. Predictiong prices could be very interesting most especially if you got the right guess where price is heading or even hitting the right amount you've got and what is more interesting is that when you hodl some portions of Bitcoinsyou might also have the higher chance of making great achievements by predicting the right path and at the same time make gains from it.

Many are optimistic about the price movement of bitcoin which is eventually expected to reach 100k. Either this year or maybe I think it's more likely next year. For those who hold quite a lot of bitcoin, they will definitely hope that this actually happens this year or next year. But for those who haven't finished accumulating bitcoin, they will definitely hope that the price of bitcoin doesn't fly too high. Because they still want to add bitcoins back to their wallet. And we know that many institutions are still accumulating today.

[kulkhan]

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.

I was a bit confused about the price of Bitcoin but the way the price of Bitcoin is currently going, it looks like it will reach a good price by December. That could be upwards of $80,000.  No one can guarantee what the price of Bitcoin will be by December. But it can be assumed that must be given above 75 thousand dollars. Maybe it will be possible. Today, the price of Bitcoin hit around $68,000. Bitcoin price rose to $67950 today.  Looking at this movement in Bitcoin, it is expected that a major Bull Run in Bitcoin will be seen in December or January.  On the other hand, the US elections in December will have a more positive impact on Bitcoin if Donald Trump wins.

Yes Brother you told perfect, no one can guarantee what will in future and what price will Bitcoin by December. Now Bitcoin price near about $67k i think this price gradually increasing and finally our expected bull session will start first of 2025. And then Bitcoin price not only $85k it will go more up. My experience telling it will hit $150k.

[Z-tight]

Now Bitcoin price near about $67k i think this price gradually increasing and finally our expected bull session will start first of 2025. And then Bitcoin price not only $85k it will go more up. My experience telling it will hit $150k.

I believe once BTC crosses $70k, it will trigger fomo that will start off a very fast surge in price. I also agree with you that $150k is very possible next year, that is at the peak of this cycle and i am sure many people believe it will happen. Right now, simply keep your BTC safe, close your ears to fud and buy more if you can.

[Baofeng]

Now Bitcoin price near about $67k i think this price gradually increasing and finally our expected bull session will start first of 2025. And then Bitcoin price not only $85k it will go more up. My experience telling it will hit $150k.

I believe once BTC crosses $70k, it will trigger fomo that will start off a very fast surge in price. I also agree with you that $150k is very possible next year, that is at the peak of this cycle and i am sure many people believe it will happen. Right now, simply keep your BTC safe, close your ears to fud and buy more if you can.

We will see mate, $68k was rejected, if we have gotten over that price and sustain, we could have been looking at $70k by now. So we will have to wait where this run will end whether $70k or higher.

Yeah, there is already a FOMO that's why we already broken another significant mental barrier that is $65k. Just continue to accumulate even if it has been triggered by the investors and pushing the price. We still have a long way to go. We still have year to look at $150k as our new all time high.

[SamReomo]

If we're looking at $70k -$75k price mark, I would've said it's very possible but i doubt $85k before the end of the year is unlikely to happen

We still have more than 2 months so it's too early to say that Bitcoin may not reach $85k value before the end of this year. Bitcoin is currently, at $67k-$68k value and still the month of October is not over yet.

If Bitcoin somehow touches or crosses $70k value this month then surely it will be somewhat possible to see Bitcoin at $85k before the end of the year but only if no bad events take place.

[dwyane36]

We still have more than 2 months so it's too early to say that Bitcoin may not reach $85k value before the end of this year. Bitcoin is currently, at $67k-$68k value and still the month of October is not over yet.

If Bitcoin somehow touches or crosses $70k value this month then surely it will be somewhat possible to see Bitcoin at $85k before the end of the year but only if no bad events take place.

There is a very strong resistance around $68k, and the BTC pump that happened the other day was the sixth attempt of the bulls to break through this resistance only this year. Personally, I think that if the bulls manage to break through it, we will probably see a strong bump with a medium-term target in the $95-100k area.

[bounceback]

There is a very strong resistance around $68k, and the BTC pump that happened the other day was the sixth attempt of the bulls to break through this resistance only this year. Personally, I think that if the bulls manage to break through it, we will probably see a strong bump with a medium-term target in the $95-100k area.

Six months since bitcoin halving and price keep resistance make difficult break to higher price or reach new ATH, I don't know the investor have sold their bitcoin on last six month ago when ATH of bitcoin raised or most of them still waiting another lower price get opportunity reach new higher price at the end this year.
Personally I doubt with bitcoin potential for breaking out above $85k in this December behind two months left and bitcoin price most drop than pump. Today bitcoin price around $67k and have close raise to $69k but get correction, its have been moment or not for bitcoin hitting above $70k near future just stay tune and waiting awhile.

[Uruhara]

There is a very strong resistance around $68k, and the BTC pump that happened the other day was the sixth attempt of the bulls to break through this resistance only this year. Personally, I think that if the bulls manage to break through it, we will probably see a strong bump with a medium-term target in the $95-100k area.

Well there is a big wall there that cannot be penetrated. Even yesterday I thought the BTC price would reach 69k but apparently that didn't work and the BTC price had to be corrected again. I hope that this week the BTC price can break through this resistance and start a higher upward rally.