Quote from: cryptomaniac_xxx on May 31, 2021, 08:48:28 AM

Quote from: MCobian on May 31, 2021, 08:20:57 AM

Quote from: Vaskiy on May 31, 2021, 06:31:58 AM

Over the past two weeks the price of bitcoin seems to crash during the weekend and starts recovering from the starting of the week. This way I don't think the perfect price correction is over. In my understanding there is more chance of price crash to happen over the falling weeks. I've predicted that the price of bitcoin will surely go down to $30000 making the price of ethereum touch $1500.

After Bitcoin managed to recover and go up to a price of $ 40k, after that Bitcoin started to stabilize at a price of $ 35k - $ 38k. I still hope
the Bitcoin correction is over, however seeing the number of times Bitcoin has struggled to return to a price above $ 40k makes me agree
with your prediction. Because there is a possibility that Bitcoin will fall back to $ 30k in the next few weeks. Then if Bitcoin drops to a price of
$ 30k, it is certain that the price of Ethereum will also go down to a price of $ 1500, because after all the movement of Ethereum depends
on the price movement of Bitcoin.

$40k is now the big resistance, we have failed many times in the last 3 weeks to overcome it. So it means its going to be hard and grind moving forward as the bears took over the market. Nevertheless, good price so why not buy at this price range?

The market is bleeding continuously, but still we have 6 more months before the end of 2021. A lot of things can happen, specially in the last quarter as historically, it is the strong months for bitcoin to go on another bull run.

Bitcoin has tried several times to pass the $40k resistance price and it still fails, hopefully there is good news about Bitcoin that can help the price
Bitcoin goes up. Because if Bitcoin is allowed to continue to fail to pass the resistance price, Bitcoin could fall again to prices below $35k.
But I hope that doesn't happen, so we can help by buying more Bitcoin at the current price.
So the more people buy Bitcoin, hopefully the Bitcoin price will pass the $40k resistance. Hopefully this month will be the end of the market
bleed, and Bitcoin could continue its bullrun until the end of the year. Because I also believe the end of the year Bitcoin price can reach new ATH.