Quote from: stomachgrowls on Today at 01:12:06 PM

Quote from: chikading2016 on Today at 06:48:01 AM

I think bitcoin needs to break the 45k$ resistance before we can talk about the 80k$ price, bitcoin is now still at 40k$ and i think it is imposible to rise to 80k$ this year, there is a possibility to reach 80k$ but very small chances base on the market situation and the current price i dont think it will reach 80k$.

Nearly impossible for this year but we know that there would be always a possibility because we do still have 8 months for this year and it is really still a lot of time to made out some major changes in price but well its not an assured thing.
Maximum target 80k? Better not to stress yourself out and it would be better to accumulate coins as much as you could rather than on keeping on guessing without having any plans
on taking risk of accumulation.
TA's are sensible and considerable but it cant give out 100% precision.

We are in a period wherein the price might tank for a while, so there will be no movement and even if we break $45k, it's going to be a long shot to hit $50k just like what we have seen when we hit $48k, the price suddenly goes down again.

TA can only help us obviously to predict and speculate about the price but it is far from being precise. So for me, $80k might be unlikely this year.