Post
Topic
Board Bitcoin Discussion
Re: December Has always Proved to Be a Good Month For Cryptocurrency industry
by
franky1
on 02/12/2022, 07:10:57 UTC
The Bitcoin price won't hit 36K USD just because you want this to happen.

those predictions are less about the markets and more about the users revealing their buy in and exit plans

most users have a 2x in mind to exit out
its why when the price went to a $50k amount after the ATH and stuck around there for a bit. people buying at $50k wanted a $100k exit

those buying at about $17.5k want a $36k exit

they are just trying to suggest their exit and hope someone will tell them "yes your exit number is possible in a small timeframe of when you want to leave by" just to ease their mind