Hello guys.
where do you think bitcoin will go? Thx
What exactly are you referring to? Do you mean the price, where it will be heading to next? We can’t really predict.
The price has been trading in the $9,000 and $10,000 prices. All it needs is a trigger to make it move to the next price which will certainly be above the $10,000 price.
Nobody can actually tell you when that is going to be, just invest now and have patience, unless you’re a professional day-trader. If you can’t day-trade, you can just be HODL’ing for the time to arrive. There are lots of events taking place and they will definitely help to trigger the bulls and move the price up.
Through the use of technical analysis, we can have an idea where the price will go but it doesn't mean that we can fully predict it. The price of the bitcoin is in sideways so there is a 50-50 chance that it will become bullish if there will be a breakout or it will become bearish again if there will be breakdown that will happen. There is a major resistance at $10,000 for sure that the price will not easily surpass it because the supply is too big in that area but anything is possible after all, if the price breaks it; expect that there will be a price rally.