Post
Topic
Board Trading Discussion
Re: Price target
by
lepbagong
on 14/05/2022, 16:16:56 UTC
Bitcoin price is now looking very bulish if its stable in this area for few days and next run can break resistance then end of the year it can go 65-69k in my opinion!! Also it can break its ath at the end of this year!!
I remember this topic. This proves that the OP is either wrong with his prediction or analysis or the Bitcoin and other cryptocurrency is really volatile. Last year, 2021 I remember that there's a lot of people including big crypto trading discussion group in Telegram that they predict that the price of the Bitcoin at the end of the 2021 is around $100k but look we are still stuck at $30k-$60k brackets.
it's hard to predict bitcoin and it's real, many analysts like you said that indeed they are analysts have predicted bitcoin by the end of 2021 will reach $100K, which in the end was not proven. after hitting ATH at $68,789 not long after that there was a deep correction to date, even dropping below $30K after holding on not falling below $30K since July 2021.
will it continue to fall below $25K? or it will rise again after dropping below $30K.
all possibilities are possible and all of course hope bitcoin will not drop below $25K.