Post
Topic
Board Speculation
Re: Bitcoin current stage and price
by
lienfaye
on 05/08/2021, 10:20:25 UTC
And so far as the price breaks $40k and then goes down again is an indication that we might be in for another sideways pattern in the $37k-$39k region, it's not that bad as we still have the last quarter push to get to new all time high of $70k or at least a 6 digit which everyone is betting that it could happen.
Its not an unusual scenario seeing the price of bitcoin turning ups and down. When the price touch $40k again, some investors are probably take advantage the situation to take profit thats why it didnt last long.

Well we are still in the second month of the third quarter thus there are many things that can happen that can affect not only btc but the crypto in general.

Another bullish market is about to happen in the future and im optimistic that it might happen before this year end thus instead of thinking of the current price I am more focus on what lies ahead.