Post
Topic
Board Speculation
Re: Bitcoin touched $43k, from $33k in two weeks
by
noormcs5
on 15/02/2022, 03:54:28 UTC
In my opinion, the price of bitcoin will still experience a bullish trend in the midst of a green market like today. Although later the price will drop occasionally and that is only natural because crypto prices often experience rapid increases and decreases. Therefore it seems that the next bitcoin price target will be around $48k within this week.

Droping of bitcoin price to 1000 - 2000$ is normal and we cannot say that will trigger the chnage of structure. However, in case bitcoin drops to 5000$ points, then it can be some thing to worry about. Also, since the future market is very popular, we never know if the bitcoin price dumps signifiantly and then pump back up giving traders a false break and liquidiate them. As long as bitcoin is above key supports level, we are in bullish momentum.