Quote from: savetheFORUM on Today at 06:12:10 PM

Quote from: Fakhrulenclix on Today at 09:29:02 AM

until now the price of Bitcoin continues to move up, for a price of $ 25K it is very realistic and even I say it is very possible for a price of $ 30K in early 2023.
however, this speculation can happen with all possibilities and people's belief in what will happen in the future is, of course, still in uncertainty, but there are several indicators that can be used as a reference so that these speculations are most likely to occur.

For me personally, I believe in a positive movement that continues to occur as it is now, although slowly, but I believe it will continue to move in a positive direction.

The price is currently trading around $23.5k. It might continue till $24k but I am not sure if we will continue to $25k and beyond as this was the hardest zone that BTC is trying to break so far. I will only be confident that $30k is possible once we reached or pass $25k barrier. Speculations will likely happen if we will also follow it with an action. Say if we speculate the price to go up, that is possible if we will also buy more and then HODL.

There are available indicators that we can use but not all times they accurate. There are times that they are accurate but then the price intentionally move on to another direction due to manipulation so we must be careful to not caught out by the trap prepared by the whales.

We can only speculate that $25k might be the key resistance in this bull run. Yes, as we further goes up, we might hit the hardest zone around that price. Of course if we hit $25k and then sustain, then we will have the momentum to go and chase another whole numbers at $30k.

Indicators are not that accurate, it can only help as that much. But we really don't know the feeling of the traders/speculators or investors. Maybe one day we will see a sell off again due to some negative news. Or will continue to pump up the numbers by the whales to $30k or higher.