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[aryan4]

Many analysts started to give an idea about the 60 thousand dollar level. JP Morgan analysts predicted that they were seeing a drop in momentum signals and the $ 60,000 level could be the last level in the Bitcoin rally.
Do you think 60 thousand dollars can be the last level now?

 

[Josemendez]

I can't really say but I do know that Bitcoin can be able to surpass this great $60k resistance and will have smooth run afterwards , say $70k

 

[Fayiz]

I think maybe fall in the coming days but btc will rise again cross their best price till now within one it two months
I read Somewhere one said bitcoin dip again in between 20000$-30000$

 

[microunit]

I think the thing that is pulling bitcoin from soaring high is its transaction fees, as it's price increases so are its transaction fees, and people are quite put off at its transaction fees and are jumping to other coins like doge

 

[achawaskey]

Time will tell if $60000 will be the last level for now, I see the market from the number of investors and volume traded at a particular period for me to give my verdict.

 

[aryan4]

I can't really say but I do know that Bitcoin can be able to surpass this great $60k resistance and will have smooth run afterwards , say $70k

I think the thing that is pulling bitcoin from soaring high is its transaction fees, as it's price increases so are its transaction fees, and people are quite put off at its transaction fees and are jumping to other coins like doge

Of course we do not know exactly what will be the markets. However, there is American tax news in the markets and this seems to make the markets a little nervous. I think for a while, it's time to pay more attention.

 

[CrazySher]

Many analysts started to give an idea about the 60 thousand dollar level. JP Morgan analysts predicted that they were seeing a drop in momentum signals and the $ 60,000 level could be the last level in the Bitcoin rally.
Do you think 60 thousand dollars can be the last level now?

It seems like it will stop at $60,000-$70,000 according to its recent growth and it was not like the previous year but their is enough time and let's see what happens.

 

[yolaqueen]

Within the world of bitcoin predictions there have been so many speculations that this is one of them, I think that at the moment the crypto has a price correction and will soon resume its growth rate.

 

[SCAMEXPOSER]

We all know that the level of buying and selling determine the price of Bitcoin likewise predictions by some famous financial analysts and institutions. I am optimistic for a more rise in price .

 

[Dora_WalletInvestor]

I think yes, the latest bitcoin rally seems like it has ended. The price hasn't been changing that much for a while now. All there is now is to wait for a new rally to come :)

 

[Makaliki]

We can't conclude that analysis suggesting that 60K $ might be BTC's last, remember how it has been extremely gaining and falling in the recent 2019, 2020 and early 2021. The factor that is seemingly affect it, is it's transaction fee, because transaction fee is directly proportional to the coin's price meaning if the price increases so does the transaction fee increase and the contrary. With the current BTC price, the transaction fees are too high and traders mainly small scale traders are now crushing their attention on other coins because of the high transaction fees of the BTC, which is not just to the side.

 

[Josemendez]

We all know that the level of buying and selling determine the price of Bitcoin likewise predictions by some famous financial analysts and institutions. I am optimistic for a more rise in price .

I hope too because it seems that things are not really turning out well for cryptocurrency in general and this is not helpful to investors

 

[highspeed]

So your question, if Bitcoin could settle around $ 60,000 and not rise further? Well my answer, in my opinion: NO, it may have further increases. But I mean over time obviously.
Maybe it will even reach 1 million$, but of course I also over the course of a decade of years.

 

[Josemendez]

We can't conclude that analysis suggesting that 60K $ might be BTC's last, remember how it has been extremely gaining and falling in the recent 2019, 2020 and early 2021. The factor that is seemingly affect it, is it's transaction fee, because transaction fee is directly proportional to the coin's price meaning if the price increases so does the transaction fee increase and the contrary. With the current BTC price, the transaction fees are too high and traders mainly small scale traders are now crushing their attention on other coins because of the high transaction fees of the BTC, which is not just to the side.

Bitcoin is never a stable coin ,and provided that the forces of demand and supply is still in bitcoin , the price will soar higher.

 

[Makaliki]

Bitcoin is never a stable coin ,and provided that the forces of demand and supply is still in bitcoin , the price will soar higher.

Yeah, you right that bitcoin is a never a stable coin. What am saying is that currently traders (small scale) are affected by the coin's high transaction fee .

 

[Wisdom01]

They should all be patient and wait till 4 months again ,its not everyday we were going to be expecting high increase in price, i hope this information doesn't discourage potential buyer

 

[Josemendez]

Yeah, you right that bitcoin is a never a stable coin. What am saying is that currently traders (small scale) are affected by the coin's high transaction fee .

Sure . Bitcoin transaction fee is very high and this is why most people prefers to use exchange site for bitcoin short and long term trading .

 

[highspeed]

Ohh 1 million dollar is a very big amount ,with the price for now half a million is still likely unattainable for now even in decades , it's exaggeration but lets watch out

So back in 2009, when Bitcoin was created, was established for it an initial value of 1$ .
Well, as it's possible to see, today after 12 years, it is worth over 50,000 times as much!
But in another 12 years?
For now, however, is not possible to predetermine anything about.

 

[Josemendez]

So back in 2009, when Bitcoin was created, was established for it an initial value of 1$ .
Well, as it's possible to see, today after 12 years, it is worth over 50,000 times as much!
But in another 12 years?
For now, however, is not possible to predetermine anything about.

Well , Bitcoin was able to reach this height because it was the first cryptocurrency in existence and as such it is bound to rise higher in coming days. Now there are several coins to invest in

 

[highspeed]

3-4 years ago , it moved high to $18k then it fell rapidly again to $3k , invest when you are sure of a pump because the price can turn off or on, another 12 years is unpredictable anything can happen

Indeed. F urthermore beware of effect HALVING!
It happens when 21 Million Bitcoin units are mined!
This process is estimated to take place approximately every four years.