I was thinking BTC was going to be on a down hill mostly until near end of 2023. Do you believe this is a bull trap or true recovery for next bull is now here?
I would be interested to see what you people think and why.
:3
once again it is dumping mate dropping from 25k now at 19k dollars value
https://coinmarketcap.com/currencies/bitcoin/ and if this continue then maybe we will be seeing another bearish trend this coming of 2nd quarter and may the recovery is in 4th quarter again things that commonly happens.
hoping that this is just correction and we will be seeing this going through 30k .
Too many Fuds are spreading in the market. The US government seems to be looking to crack down on cryptocurrencies by attacking centralized exchanges, and recently, President Biden asked to increase taxes on electricity used to mine bitcoin and crypto. They are increasing the pressure to find ways to control and regulate this market. Inflation is still hitting our economy, and with the negative news in the market, it is hard to expect a rebound in bitcoin this year. We went from 16k to 24k and now we are starting to fall again.