Post
Topic
Board Speculation
Re: Can the price Hit back $50k this month?
by
GeorgeJohn
on 12/07/2022, 21:05:20 UTC
I can't really imagine bitcoin going up $50k this month, Even $40k is pretty hard because of our current market situation. It's too early for it to recover. I've seen some technical analysis in the internet and non of them reached around $50k price, Really it's impossible given the time span of 1 month. Imagine bitcoin doubles it value in just 1 month, It's a miracle. I'm also curious about the research you did, Where did you research it and how come you end up on $50k.
the market of cryptocurrency is getting low because that is more efficient remind in the market and it is obvious but one market increase in volume it determine through the demands and supply. Currently nobody expected the Bitcoin increase to fifty thousand and forty thousand (50k / 40k) this year, because of the experience we had in cryptocurrency this year I believe that we should we expect cryptocurrency increment next year which is year of 2024 Annie 2025 so buy them the crisis in any country will be subside