Post
Topic
Board Speculation
Re: Under $39k, what's next?
by
Groundbit
on 24/01/2022, 04:39:09 UTC
In this bearish phase, I'm speculating BTC could fall to the $25-$30K level. After ATH Bitcoin always leaves a tragic story, maybe here there is those who still believe BTC can touch $100k in mid or late 2022, I'm not so sure it will happen in 2022. If we go back a little bit, the accumulation usually starts when BTC hits its lowest point in 2 to 3 years after ATH. If this story repeats itself, BTC trend will start in 2023 -2025, and 2025-2026 will be a bullish peak. Possible.

We have seen how bitcoin moves in late 2017 to early 2018, after such intense euphoria, bitcoin plunged back to its lowest point.  After that bitcoin like walking in place, no changes too shocking the market. Entering april 2021 (approximately 3 years after reaching ATH) the bitcoin market is again excited, and peaking on November 10, 2021 bitcoin broke another all-time record high.

This is an analysis when bitcoin experienced a very deep correction, now bitcoin has lost 50% of its high price last November, What is needed right now, we must be able to control emotions when the market is falling. For investors who have a lot of capital, this momentum is a golden opportunity to get bitcoin at a low price. I think the price of bitcoin will go up again, because bitcoin has gone down like this before. Even though the bitcoin market is currently collapsing, it will soon return to good shape.