Post
Topic
Board Trading Discussion
Re: The market is confusing
by
suzanne5223
on 31/05/2022, 17:15:44 UTC
We cannot blame the current market now. It is indeed very deceiving as the chart might look bullish then after few hours it look bearish. The reason behind this is because the bulls and bears are fighting against the Bitcoin price. People are buying crypto and others shorting it.

Personally I am still bearish with Bitcoin. I am expecting BTC to hit 24k, then 40k, then drop to 18k or may be 10k, then bull run to $250k.
You're right about not blaming the market because the current market trend is something that always happened and I believe crypto investors ought to be prepared for it ever since the Bitcoin halving bullish started because after it is a market correction and when the market is in the correction no prediction can justify the market next momentum.
Concerning the Bitcoin market to downtrend to $24K it is hard to tell the bottom price of the market but the bearish is not yet over.