Post
Topic
Board Speculation
Re: Is $65,000 the peak of this bull market?
by
Kemarit
on 21/06/2021, 03:35:43 UTC
It looks like the $65000 is the peak right now, the market looks really bad even when we have a great news like El Salvador considering BTC as legal tender, the market is not showing any signs of recovering. The death cross happened and we might see more bears than bulls..
many people have said that the death cross EMA 100 and 50, of course this is a bad sign for the price of Bitcoin,
and maybe $65k is a price that will be very difficult to break again in a few years, this event is the same as in 2017-2018,
where Bitcoin price has dumped, and it's hard to get back to ATH price, be careful

Few years? Nah, we are just like 50% of it right now, so we can still get to that price or even surpassed it again at the end of the year. Historically, we have this kind of dump and then we will be trading like sideways for a couple of months.

And then at the last quarter, we will see a big movement. So I would say that we can definitely touch it again. Just give enough time for the market to settle down. And wait some big news that will push it again in the last 4 months of the year.