The market is unlikely to recover this year
But it just came from $3.7k from the beginning of this year and we're now $10.5k so isn't that a great recovery for bitcoin?
We may not see new price highs this year, but due to the strong volatility of Bitcoin, we all have the opportunity to profit by trading on the exchange.
Unless you want to trade P2P.
All time high's for this year, let's not look into it. The recovery that it's showing right now is impressive.
I think he just didn't see price development from the beginning of the year. if you compare it, we will feel that we have wasted the opportunity to benefit from the price recovery that occurred this year.
to date, the recovery in bitcoin prices has passed 100%. the increase can be seen in the price range at the beginning of 2019, which is $ 3700- $ 4000, while the current price of bitcoin reaches $ 8100. although currently experiencing a decline, if we look at the difference in prices at the beginning of the year until now, of course the conclusion bitcoin has recovered, although not as expected.
People are still remembering $20k price range and are looking at bitcoin and thinking that BTC is still - 70% from top. This is missleading but if someone bought at this levels then it is natural for them to compare current price to past highs