Post
Topic
Board Speculation (Altcoins)
Re: Good time for all ALTcoin
by
aylabadia05
on 15/09/2021, 11:02:45 UTC
It could happen again and Bitcoin will peak this year. $63K already happened despite the previous low in early January of $29,374 and it looked like Bitcoin would sink by then. I'm sure Bitcoin has a great story this year and will be a year full of drama.
In the first quarter of this year Bitcoin had a very extraordinary story before the correction approached it, but after the correction is complete, it looks like the increase in Bitcoin looks very heavy and made it experience another correction yesterday, this indicates there will be a different story for the end of this year in Bitcoin.
It's true that in the first quarter the story looked good but after the correction that was taking place again in Bitcoin made a lot of people lose because by the time Bitcoin reached the price of $51K people thought Bitcoin would continue to hold at that price and some even assumed the price of Bitcoin would increase again. But I believe Bitcoin will recover. Be patient and don't despair. At least I feel at the end of this year there will be a surprise.
Well I think we are about to recover because the latest news I read today is that Ukraine becomes the latest country to legalise Bitcoin and cryptocurrencies. This is a big news and I believe that it will affect the Bitcoin price it will maybe push back the Bitcoin price to 50k above. So lets be patience maybe there is a lot of big news soon.
Patience is needed in today's market conditions. The market conditions I'm monitoring are currently trying to get out of the way. I expect Bitcoin specifically to reach a price in excess of $50K after the correction is complete. Because if Bitcoin increases in price, then other coins will also have an impact, although not too big.