my personal opinion is that the bottom is in and the next bull market are going to be nothing short of game changing.
bottom is IN? why not post this when the price reach 17k ? now that the price is at 24-25k you are pointing about Bottoming ?
I think this isn't the bottom instead this is the start of the bull market .
it may not reach ATH again , but at least 40-50k usd is in our front this year before closing the 2022 in December .
Is it possible?, I think 50k dollars is too much to end the year on such a high note. It is my hope that bitcoin will achieve, but I do not think this will happen. Currently, we are still under $30k, and if the bitcoin price can really break through $30k, we can expect to hit $50k by year end. With the condition that inflation from now to the end of the year will have positive changes like last month.
Well though it is too much to expect yet it is not Impossible to come right? price will continuously moving , we are now again in falling market because bitcoin seems to be staying at below 23k again.
it may be hard to reach 50k but still not impossible to happen.
and also what are we afraid to happen when the thing here is that what we would contribute for the price to reach?