I am calling 25k for this month as the peak, I do not know if it will finish with that or just hit it and go down later on, but I call 25k to be possible. We already had too many months when it went down and I am not expecting it to keep going down more, which means that if I realized this, the market already realized it. So if we all know that it is unlikely for it to go down even more, then it means we all know the only direction left is to go up.
I know it is not going to be easy, but it is going to happen no matter how difficult it is. Lets realize the fact that bitcoin is at the bottom already, and the direction is up, and 25k is not too high to make it unrealistic.
Not looking good to be fair. I assumed that it would have at least some resemblance of something good, because we have dropped so much from the FTX news and now that news cycle is over I assumed that it would probably be a lot different and a lot better but by the looks of it I am guessing that its not anything like that.
I hope that it will recover before the year ends and we end up with like 20k price and start the new year like that, but the possibility of 15k is looking more likely than the possibility of 20k for the time being. Right after FTX deal, media published a fake Binance news, and they are doing awesome and yet they are being branded as a bad place right now.