Bitcoin to $85K by December?

[doc]

now bitcoin has made a healthy correction to 69k, perhaps it could drop further to 68k
but he is there, he made an ath and therefore it is obvious that there are many take profits
the point is that it is establishing increasingly higher supports, by around 3k at a time
at this rate 85k is plausible for December

Hm... looks like you won't be able to see Bitcoin at 50k unless a "black swan" happens. But I'm sure everything will be fine. It's very funny how we discussed in early October how likely it was that it would become another green UPtober, and now Bitcoin is a few hundred dollars away from the old ATH (it seems like Binance has recorded a maximum of 73.777).
Lets continue to accumulate according to DCA. And someone can say that now is the maximum of price, but soon it will be the minimum, we have 100k ahead.

Bitcoin had approached ATH but early November dropped again and when the price of Bitcoin $ 68,224. Get ready to face sharp correction after the US Piplres if Trump loses in this election and don't hurry to buy before the presidential election results are announced. Because of the possibility of correction or a surge if it turns out Trump won the US presidential election this time.

[babo]

Hm... looks like you won't be able to see Bitcoin at 50k unless a "black swan" happens. But I'm sure everything will be fine. It's very funny how we discussed in early October how likely it was that it would become another green UPtober, and now Bitcoin is a few hundred dollars away from the old ATH (it seems like Binance has recorded a maximum of 73.777).
Lets continue to accumulate according to DCA. And someone can say that now is the maximum of price, but soon it will be the minimum, we have 100k ahead.

clear
black swans can always happen, in any sector
if it happens we all know how to behave by now... you buy it when blood flows in the squares gentlemen, that's how it's done
you don't sell in these cases because you wouldn't get anything except lose everything or almost everything

[Aanuoluwatofunmi]

When you ask me, i can tell on the probability of bitcoin getting to another all time high by or before December and this time we should be expecting something close to $100,000 or more, we are already in the bull season and we should also be more careful of the market volatility, things could easily change before the blink of an eye, we should anticipate for more in this December and those trading should do that with caution.

[UNIVERSE]

When you ask me, i can tell on the probability of bitcoin getting to another all time high by or before December and this time we should be expecting something close to $100,000 or more, we are already in the bull season and we should also be more careful of the market volatility, things could easily change before the blink of an eye, we should anticipate for more in this December and those trading should do that with caution.

You're right. It seems we are ready for the real bullrun season. Today, Bitcoin has created a new ATH, it is above $75k. Now, the price of Bitcoin looks to be around $76k soon. This will keep growing and it is not impossible to be above $90k at the end of this year. So, it is not impossible to see Bitcoin price nearing $100k if this good news continues. December and January probably become 2 important months for the increase of Bitcoin price in this cycle.

[JoyMarsha]

Bitcoin had approached ATH but early November dropped again and when the price of Bitcoin $ 68,224. Get ready to face sharp correction after the US Piplres if Trump loses in this election and don't hurry to buy before the presidential election results are announced. Because of the possibility of correction or a surge if it turns out Trump won the US presidential election this time.

Trump won the presidential election in the US, and it all turned out to be a surge in Bitcoin price because of that. Since yesterday and today, the market has been showing a positive surge because of the victory Trump has over Harris. At least Bitcoin has given an ATH of $76k today. The next ATH we may be seeing at the end of the year may be $90k if Bitcoin continues with this positive move.

To the best of my knowledge, it will surely be because I don't think there will be any negative news that will be big enough to stop Bitcoin from surging.

[babo]

at the moment everything that happens seems to agree with the fact that bitcoin is in a pump period
and Trump is elected, in theory pro-crypto
and the US economy is pumping cash
ditto the Chinese economy
so in reality there are many factors that favor a pump

[Uruhara]

at the moment everything that happens seems to agree with the fact that bitcoin is in a pump period
and Trump is elected, in theory pro-crypto
and the US economy is pumping cash
ditto the Chinese economy
so in reality there are many factors that favor a pump

Well, until now everything has led to quite a positive trend. Both from a fundamental and technical perspective. The only problem is that I'm worried that there will be a big Fud that will follow after this and make Bitcoin correct quite a lot. But if you look at the history of each period after the presidential election in the US, the market usually tends to be in a fairly large upward trend. And I hope this period is the same.

[BitMaxz]

Well, until now everything has led to quite a positive trend. Both from a fundamental and technical perspective. The only problem is that I'm worried that there will be a big Fud that will follow after this and make Bitcoin correct quite a lot. But if you look at the history of each period after the presidential election in the US, the market usually tends to be in a fairly large upward trend. And I hope this period is the same.

Not only that, but every October, November, and December, we see the price rise until the new year, as it did last year. 

However, I am not sure if we will see $100k this year. I am more confident with $85k to $90k, after which it will retrace a bit before surging again to reach $100k. My estimated date is January or February, around the Chinese New Year period.

[_act_]

Let's begin to anticipate how we can go further from here in bullrun, if the market remain favourable in this season then we are likely to end the year with bullrun and get to over hundreds thousands dollar on bitcoin market price, as we have always been having an increasing numbers of users adopting bitcoin, the same is the market going bigger and bullish in this current circle we are into.

[Paragon2]

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 can currently see Bitcoin hitting an all-time high of $76,850. Bitcoin price has started to rise and it is estimated that Bitcoin will surpass 80000 dollars in few days. Maybe we don't have to wait until December as Bitcoin could make an all-time high of $85,000 in November. However, such a surge in Bitcoin price has fulfilled the expectations that Donald Trump had given the cryptocurrency community due to Donald Trump's victory. Maybe if Comella had won the US presidential election and not Donald Trump, we might not have seen such a surge in Bitcoin price. But surely Bitcoin will cross 85 thousand dollars before the end of 2024.

[Rubel007]

Well, until now everything has led to quite a positive trend. Both from a fundamental and technical perspective. The only problem is that I'm worried that there will be a big Fud that will follow after this and make Bitcoin correct quite a lot. But if you look at the history of each period after the presidential election in the US, the market usually tends to be in a fairly large upward trend. And I hope this period is the same.

Not only that, but every October, November, and December, we see the price rise until the new year, as it did last year. 

However, I am not sure if we will see $100k this year. I am more confident with $85k to $90k, after which it will retrace a bit before surging again to reach $100k. My estimated date is January or February, around the Chinese New Year period.

As per my prediction it is likely to be 80k to 90k in this year and a correction may also be seen towards the end of the year. However, after Trump came to power, Bitcoin seems to be moving forward quickly. Bitcoin price is generally difficult to predict. Some believe that Bitcoin may reach its highest bullish level earlier than expected. I believe a Bitcoin price of 85K by December is not unreasonable. If market conditions remain positive, we may see 85K or more this year itself. Usually the last time of December sees Bitcoin's big bullish movement that ends well into the next year. If that is the case then it must be done until next year. And during this period Bitcoin price will be slightly upward and it will correct again.

[babo]

we are already at a good 76,000, the road towards 85k is quite probable at this point

let's remember that we are post halving, that fewer bitcoins are being mined and that suddenly everyone wants them

Trump said, I don't know if it's true, that he wants the FED to hold 4 million bitcoins... it's starting to get tough

[BitMaxz]

As per my prediction it is likely to be 80k to 90k in this year and a correction may also be seen towards the end of the year. However, after Trump came to power, Bitcoin seems to be moving forward quickly. Bitcoin price is generally difficult to predict. Some believe that Bitcoin may reach its highest bullish level earlier than expected. I believe a Bitcoin price of 85K by December is not unreasonable. If market conditions remain positive, we may see 85K or more this year itself. Usually the last time of December sees Bitcoin's big bullish movement that ends well into the next year. If that is the case then it must be done until next year. And during this period Bitcoin price will be slightly upward and it will correct again.

Correction or retracement will occur my expected date is next year, around January or February. For the time being, we do not see much evidence that it will surge to $100k, but the good news about Trump is that it will help a lot to break the ATH, which is what people have been waiting for since the price reached $73k before then suddenly turning bearish after that it can't reach more than $70k from May to October. Investors lose hope since most of the prediction is above $100k before the end of this year.

[pawel7777]

$85k by the end of the year is not an unreasonable expectation.
We broke another ATH today, which currently is set at $77,252.75, so we need only +10% from there to reach the $85k. Not to sound too greedy, but if all goes in a similar pattern as in the last cycle, we could expect much more than that.
But I have a feeling that something might go wrong. It's just strange that the price behaves the way that everyone expects. It's too good to be true.

[milewilda]

$85k by the end of the year is not an unreasonable expectation.
We broke another ATH today, which currently is set at $77,252.75, so we need only +10% from there to reach the $85k. Not to sound too greedy, but if all goes in a similar pattern as in the last cycle, we could expect much more than that.
But I have a feeling that something might go wrong. It's just strange that the price behaves the way that everyone expects. It's too good to be true.

For someone who do have that experience on how this market behaves neither following up some patterns but we do know that there are tons of instances or times that it could moved out
on to those moments or time that we do least expect. This is why on the moment that you will really be having that kind of optimistic approach the price on which you are already expecting something higher but the price ends up on the other way around then you will really be having that kind of disappointment. This is why it will really better that you should be that
having that kind of versatile personality so that you will not be able to lose your control on the moment or time that market moves into the least thing we do expect.