Quote from: Maslate on February 01, 2022, 03:25:14 PM

Quote from: Epaper on February 01, 2022, 11:37:56 AM

Quote from: Joshua Jackson on September 08, 2021, 01:37:41 PM

We can all notice the ongoing price correction of Bitcoin and the fact that price does not continue in a straight line. What do you think Bitcoin's Price could be corrected to? I mean, what do you think would be the minimum price Bitcoin gets to, before going back to $52k price again?

I think the bitcoin price correction since the last month hasn't stopped, it's even possible that the bitcoin price correction will continue until the end of January. Entering the beginning of 2022, all crypto markets are experiencing price corrections which are quite boring for traders. bitcoin price is still stuck in the $38k- $36k area at the moment. If it doesn't return to the $45k level soon, the bitcoin price has the potential to drop to the $33k level. Therefore, the best option at this time is to wait for the better, while paying attention to the nearest trend line. if there is a movement, then the direction of the trend will continue where the price will move.

We have a good start of this month (February), however, it's only a minor bounce, let's see if that will continue and bitcoin will eventually be trading at $40k and over again. It's been bearish this month so far, our expectation of $100k seems not going to happen soon, it has to flip the current situation in order for us to see a new ATH again.

At the beginning of February this bitcoin price began to climb. bitcoin price has gone up 10% and is trading again at $41k price level. It looks like the bear market is over and we have entered the bull market again. Well, if the current bull run continues we will most likely see another new ATH this year.