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Author Topic: Bitcoin to $85K by December?  (Read 7785 times)

Offline Asiska02

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Re: Bitcoin to $85K by December?
« Reply #15 on: October 10, 2024, 01:02:15 PM »
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.

$85K to me for bitcoin is a realistic price by end of December and I see many signs why it would reach that point by end of 2024. The all time high of bitcoin that was hit early this year before the halving took place was $72K and with the difference between that price and $85K is very small that it can hit that point. We are just few numbers away from there when bitcoin reaches the all time high again. When a breakthrough happens, and that resistance is been broken, we will definitely hit that price by end of the year.

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Re: Bitcoin to $85K by December?
« Reply #15 on: October 10, 2024, 01:02:15 PM »

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Re: Bitcoin to $85K by December?
« Reply #16 on: October 10, 2024, 03:56:54 PM »
---
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.
A bit curious as to why $85,000 and not $100,000.

Anyway, as much as I'm optimistic with Bitcoin, I don't think that it will reach that price at the end of the year. I believe is the majority of the price increase of Bitcoin will happen towards the 1st quarter of next year, and my prediction for the price of Bitcoin this year is that, it might just retouch it's previous high of around $73,000 then it will go down once again. Anyway, anything can happen like what many are expecting, and who knows. I might be wrong with my prediction and I'm happy to be wrong because I can sell my assets at a much higher price. :D

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Re: Bitcoin to $85K by December?
« Reply #16 on: October 10, 2024, 03:56:54 PM »

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Re: Bitcoin to $85K by December?
« Reply #17 on: October 10, 2024, 06:47:11 PM »


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 it comes to prediction of Bitcoin anything is possible and largely depends on the news that's coming to the community, A big news story of hacking of one big exchange can result in the price to dip, and if there's positive news about adoption of Bitcoin expect the price of Bitcoin to surge, but I like the price to move slowly but surely, If things are going the way they are now, Bitcoin could possibly reach $80k or higher. This is just an assumption, and all predictions are speculative.
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Offline Faisal2202

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Re: Bitcoin to $85K by December?
« Reply #18 on: October 10, 2024, 08:18:36 PM »
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.
You just think or you have some solid reasons to believe that it will cross $85k. I mean, why only $85k Why not $90k or $100k? To be honest, the fundamental factors like what's happening in the overall world that have some direct or indirect impact on crypto are most likely to be the only thing all of us are keeping an eye on. Because they are playing a key role at the moment.

I think we might not hit even a new ATH in 2024, I don't have any solid reasons, like any technical reason, but I believe war and other things might not make this happen in 2024. I am not even sure if it's going to happen in 2025. But I learned that the halving event takes a lot of time to impact on the market and the pump we saw before the halving was due to buying pressure which is so obvious to occur so now we can wait for the real impact of the halving which is still cooking.
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Re: Bitcoin to $85K by December?
« Reply #19 on: October 10, 2024, 08:31:00 PM »
It is always difficult to guess the price of bitcoin at the end of the year, but some investors believe bitcoin will go to $85K and some even say $100K is still very possible to break.

Currently bitcoin continues to experience corrections and we know October is a good month for the bitcoin market but at the beginning of the month it did not show anything positive, indeed I am not skeptical for now maybe at the end of the month there will be an increase again.

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Re: Bitcoin to $85K by December?
« Reply #20 on: October 10, 2024, 08:46:13 PM »
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.
We are all expecting bitcoin price above $85k but not understanding when bitcoin correction will end.  Bitcoin is often seen suddenly dumping huge amounts. Today also suddenly the entire crypto market including Bitcoin started down and the price of Bitcoin dropped to 58 thousand dollars. The crypto market is seeing a lot of volatility. So even though we have confidence in Bitcoin, sometimes we get confused and scared. I can't find any reason to dump bitcoin today do you know why bitcoin is like this today
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Offline satpol_PP

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Re: Bitcoin to $85K by December?
« Reply #21 on: October 10, 2024, 10:03:41 PM »
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.
We are all expecting bitcoin price above $85k but not understanding when bitcoin correction will end.  Bitcoin is often seen suddenly dumping huge amounts. Today also suddenly the entire crypto market including Bitcoin started down and the price of Bitcoin dropped to 58 thousand dollars. The crypto market is seeing a lot of volatility. So even though we have confidence in Bitcoin, sometimes we get confused and scared. I can't find any reason to dump bitcoin today do you know why bitcoin is like this today
we don't know what happened in detail, but it seems like this is the impact of the Iran Israel war which caused the price of bitcoin to correct and fall below $ 60K, we don't need to panic because the bullish season will happen next year and there is still time for the crypto market to recover. so keep holding our coins even though they are declining because I am sure that early next year the crypto market will improve again.

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Re: Bitcoin to $85K by December?
« Reply #21 on: October 10, 2024, 10:03:41 PM »


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Re: Bitcoin to $85K by December?
« Reply #22 on: October 10, 2024, 10:53:28 PM »
$85K seems possible if we don't see more regional conflicts/invasion happening in two to three months. Now that it's becoming more popular, many employees that would be receiving their holiday bonuses/commissions could spend some/more of it on cryptocurrencies.

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Re: Bitcoin to $85K by December?
« Reply #23 on: October 10, 2024, 10:57:57 PM »
 Honestly, it's possible but a stretch. The crypto market's been pretty unpredictable lately. We'd need to see some serious momentum and investor confidence for Bitcoin to surge that high by December.
I'd say the chances of bitcoin evaluating to such high peak isn't really much,a 30% chance maybe.
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Re: Bitcoin to $85K by December?
« Reply #24 on: October 10, 2024, 11:19:32 PM »
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 want to believe that we may be above $80k in December. But I have no idea that this really can happen or not. It is getting difficult to predict the price of Bitcoin now. I don't know what scenario that you are saying about Bitcoin to pass $80k. I know the end of the year often gives a big surprise. Even if $85k is possible, I think we don't expect too much.


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Re: Bitcoin to $85K by December?
« Reply #25 on: October 10, 2024, 11:36:55 PM »
To me bitcoin will create new ATH by next year being 2025 although I am optimistic that something good still gonna happened but it's under probability, this is Q4 already and this year remaining less than 100 days. If the month of November and December remains bullish then we can say there is everything possible to achieve new All Time High.

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Re: Bitcoin to $85K by December?
« Reply #26 on: October 10, 2024, 11:56:23 PM »
$85K to me for bitcoin is a realistic price by end of December and I see many signs why it would reach that point by end of 2024. The all time high of bitcoin that was hit early this year before the halving took place was $72K and with the difference between that price and $85K is very small that it can hit that point.
Yes, this number is quite realistic, especially since the end of the year is usually one of the positions where the price of Bitcoin will start to rise. Yes, let's try to see some time in the future. And hopefully the war situation or others will not have much more FUD, so that all of that can really run smoothly.

The number $ 85k is very much expected, the price of Bitcoin is actually expected to reach $ 100k, but that is at the peak of the bullish era later. And when at the end of this year or in December it can reach $ 85k, that is already a very good start. Will it run smoothly and according to our wishes? No one can guarantee, we just hope, while continuing to monitor market movements.

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Re: Bitcoin to $85K by December?
« Reply #27 on: October 10, 2024, 11:59:46 PM »
Yes, I think it will reach $85k if things go well but right now I don't think it will be an easy thing for Bitcoin to reach or cross $80k anytime soon. If Bitcoin somehow crosses $70k mark this month then it will most probably cross $80k mark in December and it might cross $85k mark as well if things go well.
« Last Edit: October 11, 2024, 12:03:00 AM by SamReomo »
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Re: Bitcoin to $85K by December?
« Reply #28 on: October 11, 2024, 12:00:22 AM »


Will Bitcoin hit $85,000 by 2024 with the volatility that has started in the Bitcoin market?
It is very possible that bitcoin will make $85k before the end of this year. I like your projection because it is more realistic than those that project $1million even when we have not seen $100k. But next question is how did you land at $85k, like why not $80k. Any special reasons?
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Re: Bitcoin to $85K by December?
« Reply #29 on: October 11, 2024, 12:54:07 AM »


Will Bitcoin hit $85,000 by 2024 with the volatility that has started in the Bitcoin market?
It is very possible that bitcoin will make $85k before the end of this year. I like your projection because it is more realistic than those that project $1million even when we have not seen $100k. But next question is how did you land at $85k, like why not $80k. Any special reasons?

Right, everything is possible in this market, we have seen ups and downs and we never thought that even in 2017, $20k is possible. And that is the beauty of this market, expect the unexpected. Sure, it's very volatile, just like in the last 24 hours we did see the price going down again below $60k. And others might be in the panic mode again. However, in short or at least at the end of this month, we might see a tremendous growth and push it to $85k unexpectedly.
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