Quote from: asrinur on April 22, 2023, 03:05:36 PM

Quote from: wmaurik on March 22, 2023, 08:38:25 AM

Quote from: asrinur on March 19, 2023, 12:58:25 PM

I see that currently bitcoin is not showing signs of being bullish because the movement of bitcoin prices in the market is relatively unstable or running in place. Even bitcoin prices still have the potential to experience a decline from the current price.

You said this three days ago at which time the price of Bitcoin was on the rise, but you wouldn't know if you didn't look at the Bitcoin market at that time and now you can see for yourself how the price of Bitcoin is moving up and down in a matter of minutes. which is very good for Bitcoin and also the holders because it could be in the near future Bitcoin is around $30K.

Indeed it is possible if the bitcoin price has the potential to reach $30k. However, it seems that the price of $ 30k is difficult to reach at the end of April, especially now that the bitcoin price has fallen back to the $27k area after rising to the $ 28.7k area. Therefore, let's see in the future how bitcoin price movements will continue to rise or fall back from the current price.

I know the situation on checking the chart of bitcoin, no crypto will move so high as it did since January without finding a support at lower levels. The support may not be deeper but it will give the relieve for it to have stronger power to pump in case it still have the trend. The pump of bitcoin is getting better visibility, it may not test below $20k this year again. The time of the over-bearish condition was last year and it's gone.