Quote from: Swordsoffreedom on Today at 01:37:50 PM

Quote from: kentrolla on Today at 08:34:34 AM

Bitcoin has pumped by 30% in last two weeks as the value of bitcoin was $32917 (lowest on that day) on 24tg January 2022 and it touched $43000 today and this can't be bull trap as its a sure signal that Bitcoin is rallying towards $50k once again.

I thought it's a bull trap but there will not be a leverage of 30% for bulltrap and I have decided to invest back into crypto and infact cashed in once it crossed $42k. What's your take on Bitcoin price?

I've placed my buying order from $40K to $20K, 20% of my buying order has been filled, 80% is still pending. I'm expecting a double bottom like previously happened.
Last May when correction occurred, BTC just fall into 30K in a sudden after that a double bottom brought the price down to $28.5K.
If my prediction will go in the right direction and all of my pending orders will fill then I will remain in the market until it touches $100K. I believe we will see a new 100K trend after May 2022.

I doubt that your expectation of another dip or a double bottom might not happen cos looking at the chat right now, Bitcoins price is currently trading at around $44k+ and I believe that there is a good support area here, I think it is going to be a gradual uptrend from here.