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.
No one can assure you that any of those scenarios are going to happen, the best we can do is to speculate and see how the market moves each day and adjust our predictions accordingly, but as of right now the theory that holds more weight is the second, the price of bitcoin is not showing any signs that a great recovery is coming or anything like it, the volume is going down, the interest of investors is going down and the halving is still months away so for the time being the positive movement of bitcoin is over.