Quote from: kotajikikox on Today at 05:59:29 AM

Quote from: katrina2 on February 22, 2021, 01:32:28 AM

What is the top price that you may think bitcoin will reach this year?

I am Expecting the Highest of 70,000 for bitcoin this year and look at this graph.

it is the Movement in which we can expect that the Point will Go up once again before this first quarter ends.

Do you think that it is possible ? for me yeah and this will what the speculation must Be.

I believe there is a decent situation where you could actually make it work if you break this cycle but 70k is way too much. I believe we need to reach 50k+ again and break this downtrend, if we do end up breaking the trend we could actually see 60k or so, that seems a bit more possible.

If you look at the situation where we have about 62k or so at the resistance line, and there is really no problem at all for us if we have that, but unfortunately we are not even there yet. But what we are doing right now is the fact that price is not going down but not going up neither, so we are just barely hanging around right now and we need to decide which direction we need to go before we can say. The reality is that we could drop as low as 28k or we could go as high as 62k as well. All we need to do now is decide what direction we will go towards.