Post
Topic
Board Speculation
Re: Will Btc get to $12k or $10k
by
DanWalker
on 28/01/2023, 09:04:11 UTC
All the callers, saying Bitcoin will get to $12k $10k or below, we haven't see $14k so far, is $15.4k the last bottom for btc or we are still going to see more dump??
The fact is now that bitcoin has risen past $20k over the past few weeks after dropping to a low in the $15k area late last year, maybe if the uptrend continues for bitcoin then I don't think bitcoin will ever fall further below $15k, let alone this year many investors will be entering the market and trying to collect bitcoin in preparation for the bitcoin halving event that will happen in 2024, so I believe this year we will not see bitcoin going down at the price you set it.

Bitcoin has been up for more than 2 weeks and still shows no signs of falling, and what you say is the hope of many people. But in the end, we still don't have evidence to say that bitcoin has bottomed out or will definitely not fall any further. Therefore, we should still be more careful, and not too subjective about our predictions.

Usually, people will rush to reinvest when there is a strong bullish signal, but the current signal is not strong enough to make people participate in the market more. We are still 383 days away from the halving, there is still a long way to go.