Where does bitcoin go from here ? Will it recover? Are we out of the bear market and into the bull market ?
Yes, Bitcoin is preparing fr the bull run but it is getting the base strong by trending a stable price for a couple of months. Experts predicted around $60000 by July but I predict personally around $80000 in December 2nd week. The current trend of Bitcoin is actually a health one with just 10% ups and downs moving in price, we can expect a good price before this year end.
$60,000 was a tough call especially in July which means few months from now. But December price will really be interesting as there were many times already that bitcoin exceeded expectations.
That value is even a tough call for this year, let alone July. The fact is that, bitcoin may not really have that much movement this year and even though we may say no one knows what the future holds, but with all the fundamentals, we may just see some year of accumulation as we move on for this year. Who knows ? We may not even be able to hit that previous ATH before this year ends.
Anything can change anytime though, still all these are based on the present moment. We cannot do anything about those at present times except preparing with more holding. Keep buying on dips is the only strategy I do follow as of now.