Quote from: ShowOff on December 10, 2021, 08:53:53 PM

Quote from: freedomgo on December 09, 2021, 07:24:04 PM

The bitcoin market seems very different today compared to its previous years and history may not work this time as bitcoin is more dumping its price when it should be rising to reach new heights. But still, knowing the fact that bitcoin is even more unpredictable and surprises may come when we least expect it, so i'm not closing my mind that history has still its chance to repeat itself before this year ends. Well, we will only know once we get there. For now, stay optimistic and never resort into panic selling no matter what.

History may repeat itself, but it may also be different from what happened. Expecting ATH during December is hard to come true as I think people are already wary of the downside about a potential bigger dump. If maybe ATH is not reached this December then I believe the market will experience a rapid correction in the end.

The market is still very difficult to predict, while the new variant of covid greatly disrupts price growth because there is a close corelation with stock investors. We can only hope at a time although it looks like it will be difficult this year to $100K.

I would not hope for bitcoin to reach $100k this year as its very hard for it to achieve considering its market condition. But i do hope that after all these price declines that we are witnessing, we will still end up this year with bitcoin price at $70k at least. So that gives the reason to celebrate for those who bought bitcoin when it was $45k below or even $50k below.

However, bitcoin will not stay for long having its price corrected, it will eventually skyrocket to the moon again and end up having its new ATH. But that will be good by next year as bitcoin always proved to us that it will always regain its momentum no matter what.