Post
Topic
Board Speculation
Re: Bitcoin is getting ready for $25K, How?
by
DOH!
on 07/02/2023, 14:16:02 UTC
I think the 25k range will be broken soon.
How?? I think :
1.  A lot of positive signals are coming back.  The market has bottomed out, and the impressive January bounce represents a return of confidence (as it was in April 2019). 
2. this week it looks like the correction has come in the way of finding and testing support - that way i think the selling pressure is almost nonexistent, mostly profit taking by traders. 
3. Another signal of Fear & Greed Index > 54 has shown the macro confidence that bitcoin can hold in the future.