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Time will tell. What are your predictions of when will bitcoin recover from this decline?
Time will tell...
Well, this 2nd quarter it looks like not at its best. The market seems to move up and down, I'd never see strong resistance in the market making its way up consistently. The price of Bitcoin may just be raging $40k-$48k.
However, I'd expect a change in this trend likely in the 3rd quarter, but never I expect the price of Bitcoin will move as high as $55k. This year we're not really be going to have ATH again but at least, we're not on the bearish side. Looking at the market price this time, I guess people are still calm and confident about holding investments. If this is still kept going, prices will surely don't drop more instead of growing high.