Quote from: newdevices on Today at 09:42:34 AM

Quote from: Tomohisa on August 25, 2022, 05:37:48 PM

Quote from: Hamza2424 on August 24, 2022, 02:05:59 PM

Bull Trap, Capitulation and all the flag terms are now bored my view is just keep waiting and don't get excited utill we break the 30k. never mind hold it otherwise a simple solution is stay away from the market. For the end of the year i cant see a positive change in market after that im a bit bullish so lets wait untill that time.

Yeah, I saw your post about the capitulation point. Anyone who falls for the 24k price range weeks ago falls for another bull trap. I don't think we could see BTC going to break 30k this year. Seem like FED has indicated they will keep doing rate hikes like this. Up and down, up and down. We're keep going like this, side way till I can see more info about better economy and market.

there is no positive sentiment that has made the cryptocurrency market bounce back,
of course until the end of the year the price of bitcoin in my opinion will be in the range of $15k to $25k only,
and will break through the $30k resistance maybe in 2023, because this year there are a lot of people who still keeps it in gold

This year is about 4 months away, but Bitcoin still seems to have failed to rise above $25k, even now the Bitcoin price is back to the $20k price,
and there is a possibility that the Bitcoin price will continue to fall below the $20k price. So don't expect too high on Bitcoin this year,
after what happened in 2021, it seems that more people are taking profit. Then what makes the situation worse is that there are more FUDs
circulating right now than positive news about the crypto world. Because there is no positive news that can make the price of Bitcoin hype and
can bounce back.

So it's only natural that if Bitcoin looks stable, it looks like the price of Bitcoin will not be far from the price of $ 20k until the end of the year.
Maybe entering 2023 as you say Bitcoin will slowly recover, and I agree there is a possibility Bitcoin in 2023 could reach a price of $ 30k.
To return to the ATH price, like having to wait for the Bitcoin halving to occur, it means that Bitcoin is indeed very profitable for long-term
investments. My advice this year is that we just focus on collecting as much Bitcoin as possible, then we can hold it until 2024/2025.