Greetings Bitcoin Talk Users,
As we have already seen the market fluctuation and the price dumped of BTC from $60k to $30k but in the last few days BTC is pumped again and the price crosses $40k. I think if BTC is not targeted again by Whales then the price will cross $50k within this month. What's your opinion?
Your analysis is good and I like it, it is very important if the whales start targeting bitcoin, it will have an impact on the current bitcoin price, but in terms of investment, we expect the price of the coin to fall at the time of purchase, so that we can safely invest.
The accumulation will start once bitcoin price take off but if there's no good movement happening at this month well maybe those figures we give will not come and its either we can see a price stability and or worse the drop. But it seems that we are now heading in good phase market seems positive so maybe we can really expect those good figures to came, but let see if this speculations discuss by use will really happen since this can give more trust to the traders.