BTC still holding the $35,000 level. Although we cannot be certain, the technical indicators and Bitcoin psychological trends support the possibility that we will see a rally soon.
Hopefully, Bitcoin will see new all time highs.
Do you think $65,000 represents the peak of the current bull market?
I'm optimistic it's not we are still half of the year there's still hope that something huge is going to happen for the price to break the $100k barrier, we have seen in the past how Bitcoin surge to 15% or even more, Bitcoin this year is breaking a lot of its own record and reaching great milestones, let's not doubt now anything and everything is still possible.
From some details of events that took place this year from Tesla accepting bitcoins as payment, to Elon selling his bitcoins and also rejecting bitcoins and accepting them again, I think $100k is going lil bit hard for this year, maybe next market cycle? the most realistic number in my opinion is between $75k to $80k
What I am hoping for is for at least $60k to be a reasonable goal, or maybe around $90k, we are talking huge returns from today. But the uncertainty is still huge, and who knows if you are ever going to see
that kind of returns again, it could be years, could be days. But like you said, I'm optimistic, too.
I expect Bitcoin will become a better store of value than the dollar. The key is to figure out when to get in and out of bitcoin. As much as I have fun trading my bitcoin, I don't think the market will be there to support such high returns forever.