What is your analysis of this prediction?
Given the stability of the bitcoin price it will be very possible to reach back $50k in the near future. in my opinion because prices are stable and there is no sign of a significant decline. and allows the price of bitcoin to continue to rise maybe in the 3rd or 4th quarter...
Bitcoin is now closer to 50k and the bounce back from fallen prices of 30k just ensures that bitcoin is not on a falling street. As well expecting that again this year we may see a new ATH in 3rd quarter. I am expecting somewhere close to 70k and might continue the rally for longer this time.