Post
Topic
Board Speculation
Re: Bitcoin in Rocket 🚀 mood.
by
SquallLeonhart
on 11/02/2022, 21:11:20 UTC
I think bitcoin is currently on a positive path where the bitcoin price has so far broken through the $45k price resistance level. If you pay attention to the current movement of bitcoin prices in the crypto market, then the next price target is in the $48k area and bitcoin will continue to be bullish. Therefore, I believe bitcoin could hit a price of $60k in the next few months as the potential for bulls grows.
It is step by step situation where people need to realize that they could make all the profit in the world if they could hold it until it reaches 48k, then wait until 50k, wait until 55k and so forth. We have these levels where if we could go above them, they are both resistance points that we need to crack at first, but they are also places where we would be building support lines as well meaning it would be harder to go under.

This is why all these people selling out very early and either taking profit or just running away are the people who do not know what they are doing and they are also the same people who cause us to not go higher because of them.