Quote from: goinmerry on September 29, 2021, 11:33:45 PM

Quote from: Rimueng on September 28, 2021, 02:03:00 PM

The downward trend in Bitcoin prices has continued since a few weeks ago until now where the bitcoin price is still at the level of $42k. Will Bitcoin's downward trend continue or will it return to the $50,000 to $60,000 price level next month?

Impossible to know where it will be headed. The market is still reacting to some recent news like the China ban.

Looking at the bright side, the price is still decent at $41,000-$43,000. It means even China ban is a big issue, it doesn't pull down the price much. No need for the bitcoin price to jump to $50,000 to $60,000 next month. This isn't a rush game.

Yeah, a price around $41k-$43k is still decent, although we are going to close the month in negative, but still good in my opinion. At least the market didn't react drastically that will cause the price to below $40k. And obviously, the next target will be $50k-$60k next, the best thing to do is remain positive.

We are in the last three months and anything can happen and hopefully, the pattern will still continue to see the price rise in December to at least hit $60k, or even a new all time high.