There is always a chances that the bitcoin value will reach 70k$ to 80k$ this Christmas, I see that btc is now surge up to 35% in days they said it could be a positive reaction due to the encouraging words from US officials – Fed Chair Jerome Powell and SEC boss Gary Gensler – both of whom asserted that the country has no intentions to ban digital assets. If some big news will come the price will surely rise and it will reach 70k$ to 80k$.
I do agree with this. Looking at how awesome it is right now, then I feel like it is totally possible for bitcoin to have a great period once again in the future. We have a little time left but look at how high it got in 2 weeks, if it can get this high in 2 weeks then it means it could get so much higher until Christmas.
This is why I believe it will definitely have a great period and can reach 70k. However nothing is guaranteed in the crypto world, I believe that we are going to have a great increasing however that doesn't mean that it will happen, I just believe that it will happen because of what happened so far but it is definitely just a prediction, not something I know.