hi guys,
just got the notification that BTC got pumped to 9k.
I saw a lot of liquidations on Bitmex alert.
from my perspective, we are on the new bull run which might be the new wave to a new high as the halving is coming very soon.
This is a good opportunity to take a look at the market of altcoins, almost all of them will be dumped due to high activity on BTC/USDx. I will take a look on the XRP might hit 0.3$ soon. This is not financial advice, it's my opinion regarding the current situation on the market.
What are your thoughts guys? Will we see the 12-15k$ in early next month?
The price is moving steadily around 8.8 and 9k those days.
It slowly increases in price but In my opinion we are going to see another drop - maybe on Monday and then the price is going to pump again and reach a new high due to the halving event that it is coming in the next week.
And what would signifies that drop you were talking about?
Imo, while approaching closer to the 630,000th block, Bitcoin will either swing at the same range as today or increase a little, since people are rushing to buy back. The drop might happen after the block halving. Maybe late May or June base on the market movements from the last 2 halving.
One thing is for sure, there will be a significant drop this year, and a lot of investors are waiting for that opportunity.