Will Bitcoin continue to fall this year? After the $18,000+ rise, bitcoin has not yet recovered from the great fall. Will it continue to go lower and lower? Or do we have hope that it will hit high this year?
What do you think fellas?
Hey Bitcoins all time high was above 20k, post that there was a influx of fud that was directed at the behest of the governments, and was carried out effectively by mainstream media. If you have seen the charts bitcoins has formed a resistance level around 6k mark, even the recent rejection of bitcoins ETFs didn't shake the prices, which is a positive indicator for it. I'm expecting to see some upward movement towards the end of the year, as we have usually seen it rising upwards during that period, plus if the Cboe etf clears we should see a huge spike in the prices.
As we have notice right now bitcoin today is falling sharply in the market but no one can predict when it will be up again so we can't say it will fall continue this year because none of us here can say it will fall we just have to trust bitcoin will rise up just wait and have more patient.