Post
Topic
Board Speculation
Merits 5 from 1 user
Re: Bitcoin to 30k Range again
by
OgNasty
on 21/06/2022, 18:35:15 UTC
⭐ Merited by BCwinning (5)
I Think bitcoin could go toward 30k range again For a relief rally. Then come back to current range or even more dump possible . If btc would go toward 30k range most of investors will sell it again. BTCBTC
any facts why you think this or is it just a "feeling"
I don't see it breaking out of the 20's this year

I think the attempts to liquidate large market players have somewhat failed for the time being.  I'm not sure if they're covering positions and preparing another attack, or if they're going to admit defeat and let Celsius live.  It does seem like they've adequately addressed their liquidity issues for the time being with the pumping of CEL coin.  That relieves the chance of a massive wick downward in the short term.  I'm sure there are some players who are already zombies in the space but haven't been forced into liquidating yet, so there's definitely some choppiness ahead.  I think $30K is starting to look more likely than $10K in the near term, but I'd keep an eye on the next shoe to drop.