Post
Topic
Board Speculation
Re: Why there is so much resistance at $23k price
by
bestcoins1
on 22/10/2022, 09:11:53 UTC
Bitcoin has been hovering around 20100 to 20500 since the last week which is bow lower than the speculated price mentioned on this thread, bitcoin market dip has continued but will have weak resistance without any significant price break out for that limit bd if this continues we may have to wait longer before the price reaches $23k or even higher.
For me it doesn't matter if I have to wait a long time to see the price of Bitcoin at a higher price than now or in the range you say it is. Because as long as Bitcoin still has price movements in the market and there are still traders who like to trade with Bitcoin, plus investors who are still willing to buy Bitcoin when the price drops occur. I think the price increase in Bitcoin will happen again if some of the things I said are still happening in Bitcoin every year.