Are you now starting to doubt those predictions who are saying that bitcoin will reach $30,000 by the end of the year? There's more to come for this year and we're just half of it and we are starting to get into 3rd quarter and if there will be no action seen on that quarter, there is still the last hope which is the last quarter for this year. We are in part of the history where bitcoin has fall that much and if you do believe those predictions, there's nothing wrong with it as I do believe about $25,000-$30,000 by the end.
Anyone with common sense would think that Bitcoin won't even surpass 15k$ this year.Indeed;in my opinion Bitcoin will end this year playing between 5000$ and 10000$.Simply because who the heck would like to push the price now.Investors are demotivated (From 20k to 6k it's really scary),Bitcoin has to rebuild trust among it's supporters and ofcourse it will take time.
Like the old times, bitcoin has been unpredictable. I push my hopes with that high price but I know on what are the possibilities about it.
As I've said, there's nothing wrong to believe such high's except those high's like $1,000,000 in three years which is basically unbelievable. Crypto market hasn't been spread 100% all over the world and we don't know who else can push the price up now, it can be us, elites, government regulations, adoptions, who knows?
Yeah, there is nothing wrong in being optimistic but if we are to be realistic, a very high value is not something anyone should be expecting at least not this year. It would be a huge miracle if we blow past the previous ATH at the end of this year let alone hit a new ATH.
Before we can start thinking of new ATH, we best should be considering next year/ upper as that still sound more feasible. I know the market is unpredictable, but obviously this is going to be a bear year.