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.
After touching the $68k level a few weeks ago and even more, the price is currently moving down significantly in the crypto market. However, there is a possibility that the price will continue to rise and return to the $70k level early next month.
We hope the prices won't go as far as last September. However, if there is news that causes prices to fall again, we are still prepared and ready to buy when prices weaken. We expect BTC to reach a price of $80,000 by the end of this year or reach $100,000 early next year as some experts have predicted.
If there is a decrease in the price of bitcoin, then we need to take steps to buy, but if there is a large price increase, then selling bitcoin is something we want, for the current price it is indeed a decline, but not far from the previous price, late year or early next year bitcoin will definitely touch the price as you say, if the good trend in December can be maintained until early next year.