If we compare market trend obviously it doesn't follow previous I mean 2017 bull run
Many investors are staying on hodling line as they say it could cross 150k$ 💵 which sounds unrealistic but honestly speaking it is possible as the increase in stablecoin demands like USDT is increasing day by day.
So, there is a possibility but not necessary. Some says 390k$ is an easy target for bitcoin to achieve.So,I believe on a long bull run. What are your thoughts?
While it is obviously difficult to predict when something will happen in my opinion the bottom is easier to predict than the top, the bottom at worst will reach 20k, maybe we could see a value lower than that for a few hours but to me that is the new bottom of bitcoin, however when it comes to the top things are completely unpredictable, even if a price above 100k may seem to be completely out of reach we must remember that bubbles tend to be completely irrational so a price way above that level is completely possible during this year.