Quote from: Sayeds56 on Today at 04:52:12 AM

Quote from: Renampun on June 17, 2022, 07:23:01 PM

Quote from: peter0425 on June 16, 2022, 10:31:02 AM

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Quote from: peter0425 on June 11, 2022, 07:19:21 AM

Quote from: Wilhelm on June 10, 2022, 06:49:07 PM

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Looking at it now? yeah this is now the Economic FUD effect and the rushing starts to end , so basically in the next couple of weeks we will see the take back and Bitcoin starts recovering from the losses.
there are speculation that it may fall down below 15k and even go under 13k but all of this seems to be stopped now as the market is showing strtong return .

I am pessimistic that bitcoin will drop below $15k...

I think the prediction is just a prediction, like, at the end of 2021, many predicted the bitcoin price would break through $100k but it didn't. right now, many are predicting the price of bitcoin will drop to $13k but I'm sure it won't happen. the market moves very volatile and wild but as long as there are holders, the price of bitcoin will continue to be maintained and will never go to zero Grin

Predictions rarely work because they are based on scientific theory of probability which is in fact a game of chance and depends on luck rather than skill. During the last quarter of 2021 every prominent crypto analyst was predicting Bitcoin price above $100K but it didnt happen and Bitcoin is now trading around 20K and I am afraid it may go below 20K which will grossly damage crypto market. Having said that, I am still confident that Bitcoin will certainly hit $100K in the long term but not in 2022.

2022 is still in bear season, and $100k is also unlikely to happen, I myself am still unsure about the price of bitcoin,
indeed in these 5 years Bitcoin and cryptocurrencies have really shown their hype, because the Covid disaster has also helped people find currency investments. this cryptocurrency,
but what about the next 5 years?, I'm still realistic, if bitcoin is able to break through another $50k I think there will be a chance to reach new ATH