Post
Topic
Board Bitcoin Discussion
Re: Bitcoin run up is coming
by
giammangiato
on 17/11/2021, 08:00:08 UTC
The bull run is surely going to take prices above high levels this time which seems to be impossible few time ago because have we imagined that this year we will see it around $70k also but it was about to reach that also but still according to price analysts like Plan B it is going to reach $98k by the year end and that's approximately $100k which was our target form long time and now it seems achievable easily.More and more funds are going to flow into bitcoin with time taking us above each unexpected levels.
hopefully it will be driven by positive news for the development of cryptocurrencies, because yesterday we saw news from a bidden that influenced the decline in bitcoin prices, but now it looks like bitcoin is not like last year 2018, which can recover soon even we see some new peaks this year
Bitcoin is still in a price correction right now and that is why its price is still  below $60k. But i know this won't take so long and won't go even deeper because bitcoin today is a lot more different compared to 2017. There are already big institutions that have start to backed up bitcoin so in times of price correction, its price will certainly experience a decline and then after that, we can see bitcoin and other solid altcoins start to recover again and continue to reach their new ATH.


Reading and observing various analysts it is hypothesized that bitcoin should exceed 60k between the end of December and the beginning of 2022, in any case the trend is always upward, financial philosophers argue that over the years it could even reach 1kk, in any chance is always a good time