Quote from: Joshapat on January 28, 2023, 11:18:16 AM

Quote from: DanWalker on January 28, 2023, 09:04:11 AM

Quote from: bounceback on January 28, 2023, 06:51:03 AM

Quote from: Abiodun20 on January 15, 2023, 08:10:30 PM

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.

True, when the bull run sign is seen, many will panic buy so it will be seen that the price will continue to rise, but we must always be aware that a bad trend can repeat itself, always watch the price and if there is a 5% change in a short time, we must take steps for example selling or buying.

the increase in bitcoin from the beginning of the year seems to have continued to improve and the increase is quite significant, according to my calculations the increase was between 42% -43%, of course this is something surprising when the economic crisis situation has not yet recovered.

but this increase could just be spontaneous and it could be that the correction will occur again, but will the correction decrease to the past year? Of course we have to wait, because I believe that we haven't entered the bull market yet and it will take a long time for that to happen. I hope that even if there is a correction of 20%-30%, the price will still be very good and if it continues to persist, it is possible that the acceleration of getting out of the bear market will occur.