Like it or not, the bull market is here or will soon be here again and this time, I predict that bitcoin is going to a new all time high of above $80,000.
Don't ask me my source, this is just a feeling I woke up this morning having, so I wanna ask you all, are all ready to ride on the Bulls horn again?
Many analytics try to mention that the bull run has yet finished and we are only in mid of this bull run. I agree with them but I find another point is missing. Volume of trading on exchanges drops a lot since March, April 2021 and if the bull run continues and hit its new all time high, one of conditions is trading volume must increase again and must make a new high as well.
New all time highs at whatever price, $100k, $200k or $300k must get supported by trading volume, higher one I meant.
At this period, we have not seen it in the market. If anyone is hesitate to long Bitcoin now, they can keep their money but if they see trading volume makes a huge spikes, and short squeeze occurs, they must LONG Bitcoin as soon as possible. After that break of trading volume, a trend will be very big.