Quote from: samcrypto on October 08, 2021, 10:21:02 PM

Quote from: jakdanyel on October 08, 2021, 08:15:53 PM

The $70k level as a target does not seem impossible to me. I'm saying this as I rely on the current great run we witness in the market. Bitcoin price reached even $55k and gave a big hope to us. Because the last time, it wasn't able to go above $52k. This time, we might see a level over $60k in a short time or at the end of this month in the worst case.

That’s true we are not able to surpass $52k before but now we almost reach the price of $60k so for me after this small correction Bitcoin will soar higher again and that $70k price becomes more possible.

Buy some now while it is still down, many are still bullish with Bitcoin simply because its attainable, and it can happen before the year end, this is my speculation and I’m working to buy some now.

The price of Bitcoin stood at $54+ now moving to $55,K at the same time just broken the resistance at $52K the next strong resistance is at $60K with reference to BTC/USD weekly time frame, I think once the price breaks the next resistance at the previous ATH which is $64K the price will reach $70K before Christmas coupled with the fact that the overall market sentiment is bullish, the price can only experience minor pullbacks as you rightly said, all these analysis is subject to non negative fundamental news that could mar the bullish trend of the price.