I think the price of bitcoin still has the potential to drop from the current price. In the last few weeks, the crypto market has remained sluggish, although it is observed to be entering the green zone. However, overall the market is still not able to fully recover to make a significant price increase.
Potential drop to $20k I guess, but further below that may still have chance but not most likely as dollars and other essentials are recovering now. Everything seems gradually recovering and one thing I've noticed, Bitcoin is also gradually recovering. Though it is not the kind of recovery that will reach the $30k-ish, but the kind of recovery where it's telling us that it already hits the bottom through this bearish run.
seriously ? we have seen 17k recently so meaning it is not 20k is the bottom instead either lower than 17 or that 17k is the lowest and yes there are some speculative thread that says it is 13k that is the bottom this year.
I think the price of bitcoin still has the potential to drop from the current price. In the last few weeks, the crypto market has remained sluggish, although it is observed to be entering the green zone. However, overall the market is still not able to fully recover to make a significant price increase.
But how much is the question needs to be answered?
for me ? there is still 15 thousand that coming in the coming weeks or months.