Quote from: arufox on Today at 07:36:53 PM

Quote from: rincoeng1986 on October 19, 2021, 03:10:04 PM

Quote from: arufox on October 19, 2021, 02:12:33 PM

Quote from: Kusman on September 17, 2021, 11:39:21 PM

After seeing that the price correction caused the price to go down to even $42k, I was afraid of the probability that it would go down even below $40k in a short time. It would be the start of another boring period for us and maybe we wouldn't see the bull market for a longer time. But I'm thankful to see the price climbing again. It climbed over $48k but the correction phase still maintains. It is $47k now. I hope to see the price recovering over $50k again before the end of the month.

I think Bitcoin has been on the rise again since early October and has the potential to increase quite significantly over the next few weeks. The price of bitcoin has now returned to the level of $62k. Therefore, I think by the end of this month, BTC will most likely hit $65k and potentially enter the $70k to $75k region in late October or early November.

Bitcoin is holding between $60,000 and $62,000 for the next few days. Bitcoin market price is on the verge of calming and investors are looking at other altcoin markets, because altcoins have started to go all the way to the moon and have started the green zone with the highest percent rate.

In the last few weeks, the price of bitcoin and altcoins has experienced a significant decline. Currently, the crypto market is in the red and the bitcoin price has fallen to $56k in the past week. In fact, bitcoin had broken its new ATH record at the level of US $ 68k at the beginning of last November.

Bitcoin is still currently priced at $56,848 so as long as it's not surpassing the price resistance level of $60k, i can say that the market still looks bearish compared from early november. With how unpredictable the market is, until now it is still uncertain how far this correction can go and to what price of bitcoin we will see within the last day of the year. But i still chose to stay calm and optimistic, because bitcoin will definitely make a good rebound if new positive news will hit the market.