Will BTC Break 64k Before 2024

[vzvarich]

Honestly, with this ETF momentum, 64k feels like a done deal before the year is out. But are we gonna see a nasty dip first or is this just straight parabolic? Curious if anyone else is degening into leverage here or playing it safe.

 

[OEV]

Honestly think it's a tough ask for it to break 64k in the near term, given the overall market sentiment is pretty bearish at the moment, but you never know what a whale or major event could shake things up. If anything, I see it consolidating in the mid-50s for a bit longer before making another push.

 

[carbon447190037]

idk man, I think we're due for a big correction first, BTC has been in a weird trend of going up and then just consolidating for ages, so I'm not confident in it breaking 64k anytime soon. Also, we got some huge macro economic changes happening this year that might impact the market, so it's hard to predict right now.

 

[limboc]

idk about that, the current market trend seems bearish to me and a lot of big investors have been selling off their btc holdings lately, i'd say the chances of btc breaking 64k before 2024 are slim.

 

[crack]

Honestly, with the ETF hype building up, I think we’re gonna smash right through it. Sentiment is flipping bullish fast, so wouldn't bet against it.

 

[VoR]

Discussion: best practices

 

[Антоша14]

If the ETF volume picks up, we might have a shot at it. Honestly though, I'm just happy we aren't retesting 50k right now.

 

[RAIN]

Honestly, depends on the ETF news dropping this week. If that goes green, we're absolutely sending it.

 

[kraftmc1]

best practices - let's talk

 

[Evall]

What's your take on opportunities?

 

[werchik]

What's your take on strategies?

 

[укп]

Honestly, feels like a guaranteed yes with the current momentum. We’re primed for a squeeze that could easily send us past 65k before the holidays. Just hold tight and don’t get shaken out.

 

[ca6omep]

I'm not a fan of short-term predictions, but if I had to put my money on it, I'd say it's a coin flip. I think we need to see how the global economy holds up post-inflation before BTC can confidently hit that mark, but it's definitely possible.