Bitcoin has broken the all time high of 2017 and now it is around 19,000$. The worst part is that even on these level, we are not seeing any pumps and look like price may fall all the way to 10,000$ or even lower.
Once bitcoin was at 69,000$, who would have thought that bitcoin will go so low so fast ? Now what do think, where we are in terms of bitcoin cycle. I think we are already in th bear market since summer of last year and maybe the bottom/ end of bear market is near ?
the way I am seeing bitcoin this time round,bitcoin it will fall again to 12000 because the 20,000 price is not stable and besides it has started decreasing because Bitcoin Toby increase is something that everybody is anticipating to happen in 2023 and the 2024. If you said now bitcoin will fall to reach 10000 it's not something somebody supposed to be arguing about because the possibility is at hand due to we do experience the falling of cryptocurrency every time so 2022 is the worst experience so far in the history of cryptocurrency falling