Post
Topic
Board Speculation
Re: Bitcoin starting to recover
by
rahmatrf331
on 03/06/2021, 04:37:30 UTC
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.

bitcoin is still holding between $36k to $38k, I don't think it's been said that bitcoin has recovered yet. because it's still under $40k, at least bitcoin should be able to crawl to a price above $40k this week.
current conditions are still considered vague and need a strong push to fully recover from the fall for a few weeks.