What is your opinion as per Hayes prediction,
i think people are getting too excited again about bitcoin so they are making exaggerated predictions again. $50k in 6 months is possible but don't think the chances of that happening are high enough to predict it.
owner of the largest crypto trading platform by volume,
the largest volume belongs to Binance and it has been like this for a while now.
the idea of reaching a value of 50k is not an exaggerated or impossible prediction.
of course reaching $50k is possible and it WILL happen but the WHEN is important. i'd say not in 6 months. but more like in a year.
"I think something that can go up to 20k in one year can have a correction down to about 6k. I think it definitely found a bottom
but with one positive regulatory decision away, to climb to 20k or even 50k by the end of the year."
i agree that it has reached bottom. we have enough evidence to support that $6k was the bottom but reaching the bottom doesn't mean price is going to just reverse and shoot back up. we can see a long accumulation and slow rise phase then a fast rise.