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.
the pros and cons will continue to exist in this issue. To date, I support the scenario that the price of bitcoin can reach more than $ 10,000 this year. that is due to some news that supports the development of bitcoin in the coming year. besides that, there will always be FUD that tries to make people panic. even some speculation from them it up to the level of $ 3000. I think that's too far.
For information, daily analysis today says that if the price of bitcoin recovers, it is most likely close to the level of $ 9000, whereas if something bad happens, it is likely that the price of bitcoin will drop to the level of $ 7700. Well, even that is still close to the level of $ 10,000. I am still quite optimistic about this.