Post
Topic
Board Speculation
Re: Will BTC Go for Another All Time High This Year?
by
geegaw
on 14/07/2021, 16:54:11 UTC
Though I have voted YES, I don't have complete confidence in that choice, Looking at the charts, the bulls are losing all the control and volume is decreasing day by day. The Chinese FUD is getting more and more heat these days, the miners have to relocate and it will be a big task. Hopefully, we will be seeing some positive news and get some volume in the upcoming months.

Optimism is a very redundant indicator in each of us for bitcoin but even inheriting such a belief, we cannot ignore the connection with reality, bitcoin is not having much of a chance to continue to rise further this year, influence from whales, some funds then China, a diverse chain of events to lower the value of bitcoin. All sides seem to be the enemy and bitcoin is missing too many allies, another high is just a guess in case strong allies appear but perhaps allies have traveled after the time when bitcoin broke out strongly