over the weekend bitcoin recovered back to $34K after going below $30k and early this money the market jumped to above $38k breaking the $35k market bench mark, a move that many will see as a bull market movement. am very optimistic that in the coming days of the week bitcoin market is going to make a significant upward movement that will make it price recover back to it all time price of $64k and there after recording a new all time high.
what are your takes on the current bitcoin market movement.
A record high has been reached by bitcoin this year, almost approaching the biggest peak of the previous, even if you look closely, there is a high chance that it will reach a new record by the end of this year, the recovery that occurred in bitcoin is quite significant, even continuing to pump up the base price to be even higher, let's see bitcoin at the end of this year, whether it becomes more valuable or declines like in the previous year.
The good catch with the current situation, Bitcoin continues to test much stronger support. We have seen new ATH but now
we see correction not that much but a slight one. if Bitcoin will continue moving like this, and with more and more institutional
investors and businesses to embrace this system, either for investment or for real case usages, bitcoin will be moving forward
and will get much higher appreciation before the year will end.
Hopefully it can be realized by the end of this year, bitcoin continues to grow to such a high price, the movement that occurs in bitcoin is quite good, although there is a small correction that occurs, but recovers by itself, many investors have been preparing to welcome the end of the year with enthusiasm and hope bitcoin will reach the maximum price, I am optimistic that the end of the year bitcoin will reach a high price, if bitcoin can maintain a good trend until the end of the year.