Do you think Bitcoin will touch the 1 million milestone in 2022? I think Bitcoin will cross 80 thousand dollars in 2022. What do you think?
We finally dropped under the 60k price and even under 59k as well. This is why I believe that there is a good chance that we could drop even further. I do not think that we may end up with 75k+ price anymore.
And as of now the price continue to drop below the support level, so we are in a dangerous situation, but the thing is that we are approaching weekend already so the price might movement slowly in the next 2 days after Thanksgiving.
Not saying that it will not happen at all or it has no chance at all, all I am just saying is that there is a good chance that we could probably reach to a level where we go towards 70k at the very best. There is just 40 days or so left, and we could only recover what we were, and that is the best possible scenario the more likely outcome is that there could be a crash and it would be okay because we had great increases and we may need a correction after all.
Possible that $70k might be the top price for us and the expectations of a 6 digits at the end of the year will not happen. But I wouldn't mind $70k, that is already a good price, which means that investors are still in the market and we should look forward in the next year and be positive that it can continue to grow.