Will the bitcoin really go up to 25,000 dollars next month? As far as I've read and know the Btc information. As far as i'm I think the Bitcoin price will go up to 22,000$. what is your opinion?
I think most of us here are expecting for bitcoin to increase it's price or reach it's ATH next month because we are still in the bull run. How can you say that bitcoin will surpass it's ATH or will reach it's price up to $22,000-$25,000? I think it is contrary to our expectations because many people might be selling their bitcoin holdings if bitcoin have reached $20,000. But bitcoin price is still unpredictable, so let's just wait and see what happens this year if bitcoin will surpass it's ATH.
Every bitcoin enthusiast expectation is the price to reach $25K however there some underlying factors that might hinder the price from reaching that price mark, the annual Christmas celebration is around the corner and its very obvious that some hodlers will exchange some btc to fiat to enable them buy stuffs and gifts to their loves ones during that period, bearing in mind that we might have as much as millions of hodlers in that category thus this could momentarily bring down the price, meanwhile the price can also defies this speculation and continue with the bullish trend.