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 $80,000.
Don't ask me my source, this is just a feeling I woke up this morning having, so I wanna ask you all, are all ready to ride on the Bulls horn again? Incase you missed the last bull run, you will have an opportunity again, hope you set to make that dough?
Is it going to be this year? I don’t think so. Unless things are going to be quite different now, since a lot of people are saying for the fact that we now have so many institutions in the market that there is going to be some changes , but I don’t think so. The only thing I feel would happen is that the value wouldn’t that much ,since there is so much being invested , so it can hold up to a reasonable amount during this correction and wouldn’t end up plummeting too much. But the bearish trend, I think it’s something that’s happening through out this year.
Do not lose hope even if you see bearish price actions form last two months. The good thing is that bitcoin is near the support and there are many chnaces that prices will rise from this point onwards. Even if we do not go to the all time hign, the bitcoin should rally up to 50000$ before we many see another big retacements downwards.