From the look out of things there is no doubt that $60k is sure before the end of this month February reason being that bitcoin has surpasses the price of 50k and headed to $52k if I am not mistakenly and you can correct me if I am wrong.
Also does this proves the idea of most people saying that bitcoin could hit half a million dollars after the halving by 2025, does this sign proves it right?
Let us discuss.
I don't see $60k anytime soon due to how poor the market movement have been in past few weeks since after hitting $50k. It has been from $50-52k and it doesn't look like it will even get to $55k before the end of this month and I feel that this month has given us what it can, who knows by next month we might see a rapid raise of Bitcoin price but not in this February ending.
For me, the market is doing very well in the past weeks but it's not as bad as you think. Although bitcoin has not had a breakout in February, it remains in the 49k-52k area and with it bitcoin dominance is trending downward. That means it is giving way to altcoins and you can also see that after ETH crossed $3k many altcoins are doing well again. The market is still very stable for people to seek profits, but money flows continuously move into different ecosystems. So people with knowledge and experience will make a lot of profit during this time.
As for bitcoin, I think there will be no breakout this February, but before the halving, bitcoin will have some good growth and there will be a post-halving correction.