Quote from: Oasisman on Today at 10:49:11 AM

Quote from: the ghabbar on April 24, 2022, 02:04:15 PM

Quote from: MiF on April 24, 2022, 02:21:39 AM

Lets just wait until 3rd quarter of the year before we do speculation about the price. Because the price of bitcoin depends on the market situation,and i think the price of btc is still 39k$ to 40k$ so i think it is hard to think that the price will soar up to 80k$ for just a months from now, so best thing to do is to wait for the third quarter and decide if you are going to buy and hold.

It's difficult in market conditions like now bitcoin will reach a new ATH, although in certain circumstances this can be said to be possible, bitcoin price is still holding in the range of 39K-40K, many things have to be passed to reach its highest price, I think need to wait for the 3rd quarter , so that we can make predictions according to the market reaction, because for the next few months I think it will be difficult for bitcoin to react that way

Nah, I guess Bitcoin will continue to have correction below 30k for the whole year of 2022. We have not seen a real bearish market for quite some time now. The last we have seen it was around 2019? After that Bitcoin have just skyrocketed.
The market really needs to have a consolidation period. For the market to allow new accumulation phase and for the new investors to have a good entry point.
I am not expecting much for this year, because I am looking forward for the next 2 years as it is the end and the beginning of the 4 year cycle which usually pull Btc's price in an upward momentum.

The correction has occurred for so long for bitcoin, this does not affect the extent to which bitcoin developments in the future will experience a significant increase, but this phase is likely to increase or decrease bitcoin, as far as bitcoin is able to get out of the existing problem, but I also think this year bitcoin it will be difficult to penetrate the highest price, even if the correction has not fully recovered, it is possible that bitcoin will continue to be corrected