Bitcoin is currently fighting its major resistance at $50k, although some of my friends want to start short, I forbid it because bitcoin in the minor Elliot wave allows it to pass through the major resistance.
Well, even then it could be that bitcoin has just finished its wave 1 and will be on the way to its wave 2 where we will find bitcoin at $48k again.
What do you think about bitcoin price predictions?
Thank you for taking the time to discuss this bitcoin price prediction. I understand that you are a busy person and I appreciate any advice you can give.
It is already recovering, it passed over 43k and eth went above 3k once again. I do not understand why people panic the moment they see crypto prices go down. You should be used to seeing bitcoin prices going up and down all the time, it is a very common thing. Look at the last 6 months, we have seen it go up to 64k, down to 28k up to 52k down to 42k and you are still shocked to see it go up and down? I mean shouldn't we all be used to seeing it like this? Calm down, the worst case would be the price going down a bit more before it starts to go up, or it will go up from here, in both cases it ends up going up anyway so nothing to worry about.