Do you think Bitcoin can still reach $70,000?

[pipilong]

Unfortunately, I bought 1 Bitcoin at $70,000 and now I'm very worried

 

[yanyulon]

I think it will touch 100000 after USA lower its interest rate.

 

[khurramali]

Trading bitcoin is much more profitable than hodling and waiting for a golden figure.

 

[Fxzombie]

We will never know the future, Bitcoin including fluctuating instruments in crypto trading, but in the long term, the BTC could reach 70k. I see some Bitcoin enthusiasts who believe BTC could reach 100k and they use strategy averaging, when BTC drops they buy in small portions, to split order places.

 

[Lobito]

B

Unfortunately, I bought 1 Bitcoin at $70,000 and now I'm very worried

Buy the dip, we are on it...

 

[blonde]

no one knows what will happen and there is no point in waiting - we need to work!

 

[Fxzombie]

no one knows what will happen and there is no point in waiting - we need to work!

Agree, we need to work instead of waiting for Bitcoin to reach the target, who knows while working and earning income one day Bitcoin will reach its target, so we will get double profits.

 

[Lobito]

That right, don't wait to reach 70K, buy the dip, sell high...

 

[Androdude]

It is inevitable. but it will take time, and it will be a bumpy road

 

[Fxzombie]

Now Bitcoin is down trading at around $57k on August 16, 2024, still far from $70k. This month BTCUSD has had more declines.

 

[sikocano]

no one knows what will happen and there is no point in waiting - we need to work!

 

[Fxzombie]

no one knows what will happen and there is no point in waiting - we need to work!

OK, waiting is boring even if it's only for a few minutes, which is why doing other work can divert the boredom of waiting. Bitcoin is now at around $64k, there is hope of continuing its rise if the Fed cuts interest rates again.

 

[Fxzombie]

Now the price of Bitcoin has reached $67k, even though the stochastic shows the entry price is overbought, but let's see if it will reach $70k. There is news that Tesla moved most of their Bitcoins to unknown wallets, if that is a sell-off perhaps the price of Bitcoin could fall again.

 

[kkoninja]

Its the moment to buy

 

[Fxzombie]

The price is now around $69k, which is close to $70k and may be reached soon. However, the price is already in the resistance zone, beware of overbought.

 

[Fxzombie]

Before Bitcoin had reached $79k, the price is now hovering around $67k, news of Tesla moving Bitcoin worth US$750 million to several different wallet addresses sparked speculation that Tesla was selling some of its Bitcoin.

 

[kadima92]

The Bull run is coming, we going to wait USA election

 

[Fxzombie]

Bitcoin declined after exceeding the $72k price level, the price is now down again at $69k, Bitcoin's decline is in line with the decline in gold prices yesterday, if the decline continues it may next support at the middle band line.