We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.
Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
Yes bitcoin can have a rally to 12-14k once this year. We are currently expriencing 0.5 retracement as per fibonacci from the 14k rally which we previously made and if this is wave 2 then wave 3 could possibly be higher much higher than the previous wave but for this remaining year I think we would only be able to see it until 14k.