Post
Topic
Board Gambling
Re: Bitcasino.io 🖤 - #1 VIP Crypto Casino
by
SquirrelJulietGarden
on 09/02/2023, 02:38:29 UTC
Always fun to speculate about the price of bitcoin at the end of this month but I don't think we will be able to reach 30,000$. The price seems to hover around 23,000$ and this also seems a difficult barrier to really cross and with some bad news, we could easily drop below 20,000$ again also.
The more people go shorting Bitcoin around $23,000, the more easily it will break out that resistance.

In market, there are times supports and resistances flip each other that are times we see Short squeeze or Long squeeze. I believe that Bitcoin will break out the $23,000 resistance, if not at the end of February, it will sometime in either March or likely April. I am more thinking about $30,000 in late of April 2023 for $30,000.

Generally it is not good time to take profit with your bitcoin or to short it with margin or future trading.