Bitcoin to $85K by December?

[bhadz]

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.

Why not? we have 2 months left for this year and December is coming. $85k is a lot but it's not impossible. But to look at that price looks that there should be a massive run that must happen on November up to the early first weeks of December. If it happens by December that's nice but I won't be expecting too much on it and will have to wait until the end of this cycle for which could happen by 2025.

[dwyane36]

he predicted that at least mid-November 2024 would be the altseason period, followed by Bitcoin prices which are also predicted to soar at the same time...

Given that the US presidential election will be held on November 5, the assumption that the market will see increased activity and volatility in mid-November makes sense. However, it should be noted that BTC's dominance is still very high, i.e. it isn't certain that the full-fledged altcoin season will start in November/December this year.

[Azharul]

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 think that bitcoin is one of the best profitable crypto in cryptocurrency world. We also saw that bitcoin price is increase gradually in this moment. Sometimes we notice bitcoin price will down, but another we saw bitcoin price is increase day by day. So i believe that in this year bitcoin price will be hit on $85k. But if we follow in iran and Israel war, it will be best problem for increase bitcoin price. So we shouldn’t worried about in bitcoin price. Because we believe that within a short time bitcoin price will cross infew years.

[summonerrk]

Hmm..
Besides the US elections coming up, October is often a very positive month, where we can hope that the Bitcoin price on the first day of October (example 63.5k) will be exceeded by the end of the month, and that's cool.
However, I'm currently investing on DCA, so I'm watching the price only out of interest, and like any crypto, I'll be very pleased to see Bitcoin at 85k in the news soon. That will be a great event, and such miracles are possible on New Year's Eve

[luckyledger]

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 think that bitcoin is one of the best profitable crypto in cryptocurrency world. We also saw that bitcoin price is increase gradually in this moment. Sometimes we notice bitcoin price will down, but another we saw bitcoin price is increase day by day. So i believe that in this year bitcoin price will be hit on $85k. But if we follow in iran and Israel war, it will be best problem for increase bitcoin price. So we shouldn’t worried about in bitcoin price. Because we believe that within a short time bitcoin price will cross infew years.

Even if the geopolitics do have some effect on the market, it's only temporary, and, BTC and other coins with it, will bounce back eventually. So everybody can utilize such events to get better positions for themselves. That's my opinion on it.

[KryptoBull]

Hmm..
Besides the US elections coming up, October is often a very positive month, where we can hope that the Bitcoin price on the first day of October (example 63.5k) will be exceeded by the end of the month, and that's cool.
However, I'm currently investing on DCA, so I'm watching the price only out of interest, and like any crypto, I'll be very pleased to see Bitcoin at 85k in the news soon. That will be a great event, and such miracles are possible on New Year's Eve

I enjoy reading everyone's predictions, but I personally stick to DCA because anyone can be wrong, but the market is always right. DCA provides me with peace of mind, allowing me to focus on other things while still consistently investing.

Q4 is widely considered a favorable period for the crypto market, and I believe we can be confident about upward price movements this quarter. While I can't predict the exact BTC price at year's end, 85K USD doesn't seem like an unattainable target for BTC. Given BTC price fluctuations, 85K USD could even be a target for this Uptober

[Themepen]

I enjoy reading everyone's predictions, but I personally stick to DCA because anyone can be wrong, but the market is always right. DCA provides me with peace of mind, allowing me to focus on other things while still consistently investing.

Q4 is widely considered a favorable period for the crypto market, and I believe we can be confident about upward price movements this quarter. While I can't predict the exact BTC price at year's end, 85K USD doesn't seem like an unattainable target for BTC. Given BTC price fluctuations, 85K USD could even be a target for this Uptober

Hmmmm yes your smart way of investing in cryptocurrency is great. You use Dollar Cost Averaging means DCA method to reduce risks. It is wise to know that market can be unpredictable. DCA helps you stay calm and secure. Your hope for cryptocurrency prices to go up in last quarter of the year makes sense looking at past patterns.

Goal of Bitcoin reaching $85000 byend of year seems possible especially if good news boosts market. This period called Uptober might really push Bitcoin toward that goal. However it is crucial to stay careful and flexible.

[taufik123]

-snip-
We've seen accumulation over the past six months, BTC Spot ETFs continue to see positive inflows, and BTC is primed for a new bullrun. I believe BTC is on track to break out of its current range, set a new ATH, and quickly reach $100K early next year.

The accumulation that has occurred over the past few months has made bitcoin even stronger and is still holding above $60k and will soon break out of that zone and climb to a new ATH.
and $100k in the next year is still very possible with Bitcoin's increasingly strong and positive trend.

he predicted that at least mid-November 2024 would be the altseason period, followed by Bitcoin prices, which are also predicted to soar at the same time...

Hopefully that will happen and November will also be a good market moment like the previous year.
Altseason is now highly anticipated and waiting for Bitcoin to also reach a new ATH.

[luckyledger]

Hopefully that will happen and November will also be a good market moment like the previous year.
Altseason is now highly anticipated and waiting for Bitcoin to also reach a new ATH.

If not, it will definitely happen in 2025, and I agree - everybody, most of us, hold our bags to see the green Moon rising up. It's anticipated and the FOMO when the cycle would begin for real will be huge.

[Jating]

Hmm..
Besides the US elections coming up, October is often a very positive month, where we can hope that the Bitcoin price on the first day of October (example 63.5k) will be exceeded by the end of the month, and that's cool.

Yes, however, we started on the wrong foot this October and it had to make a bounce back, right now, the price has gotten over $65k, so that is a big barrier to break and thanks to the bullish investors, in the last 48 hours, the price is really rebounding as expected, so let's see how far this bullish sentiments will go this month.

However, I'm currently investing on DCA, so I'm watching the price only out of interest, and like any crypto, I'll be very pleased to see Bitcoin at 85k in the news soon. That will be a great event, and such miracles are possible on New Year's Eve

Good for you, nothing can beat a good DCA strategy, regardless if you are a average joe or a big whale. So if everything went smoothly, we might see Bitcoin reaching $85k at the end of the year. And if that happens, we are still in track to 6 digits next year as our new all time high for the version of this bull run.

[DJhen]

It's definitely hard to predict with Bitcoin’s notorious volatility. Reaching $85,000 by 2024 is possible, especially with past halving cycles often driving the price up, as well as potential institutional investments and mainstream adoption increasing. However, there are always external factors, like regulatory changes and macroeconomic conditions, that could impact the price. Personally, I wouldn't be surprised if Bitcoin approaches or even surpasses that mark, but it's always important to stay cautious in such a volatile market. What do you think could be the biggest factor driving Bitcoin's price in 2024?

[Fivestar4everMVP]

It's definitely hard to predict with Bitcoin’s notorious volatility. Reaching $85,000 by 2024 is possible, especially with past halving cycles often driving the price up, as well as potential institutional investments and mainstream adoption increasing. However, there are always external factors, like regulatory changes and macroeconomic conditions, that could impact the price. Personally, I wouldn't be surprised if Bitcoin approaches or even surpasses that mark, but it's always important to stay cautious in such a volatile market. What do you think could be the biggest factor driving Bitcoin's price in 2024?

Well, so far, for me, I think the biggest factor that is driving, or had droven and possibly drill driving the price of bitcoin this year 2024 is the bitcoin spot ETF  that was approved by the US securities and exchange commission (SEC) during the first quarter of this year, that achievement alone opened a lot of doors bitcoin, specially in the area of trust.

Now, bitcoin can be trusted by alot of high profile individuals who initially were skeptic with the technology and won't get themselves involved. It has also opened the door for institutional investors to come in in their majority to invest in bitcoin.

Personally, I think that aside sentiments and speculations, the ETF approval still have a good chance of acting as a major catalyst that will still support the coming bull run regardless of the fact that bitcoin made a new all time high when the news of the approval was fresh.

[JISAN]

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.

[debra]

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.

[Hisbullah]

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.