Quote from: justdimin on Today at 02:41:24 AM

Quote from: Lucius on April 24, 2023, 10:13:12 AM

Do you have any special reason to believe in a price jump of even 30% in less than one month? I'm not saying that there is no possibility of this happening, but I see only bad news on the horizon, whether it's about the US or the EU, not to mention that the war in the east of Europe will soon enter a very critical phase because a massive offensive is being prepared by the Ukrainians.

Anyway, this year should be in a positive sign when it comes to economic recovery at the global level. I do not believe that the price of Bitcoin will deviate too much from these trends, and the additional tailwind can only be a few more banks that will experience a collapse - because maybe that is the reason why we have witnessed an increase in the price of BTC of almost 100% in a relatively short period of time.

You may, I do not. First of all the price could always jump when something bad happens, because something bad in the world would usually mean either inflation or simply just terrible economy and when that happens it does help the world of crypto as well. Look at pandemic, we reached 68k price, why and how? Because economy was doing terrible and inflation was at all time high levels and that caused bitcoin price to soar as well.

This is similar to what Robert Kiyosaki have to said about Bitcoin in the middle of high inflations. I'm not quite sure if his recent statement can have a positive in Bitcoin, but I really hope that people would realize that as early as now. Robert is not wrong about his statement that "Cash is trash" when Feds were printing a lot of money without anything to back it up. These were all the product of the pandemic anyway.
So, if people would start to realize how to secure their money, their savings, they will also learn that Bitcoin is one of the top option to do it.
I don't worry much about what will happen next after the $30k, it may crash a bit, but I think it would recover for up to $35k in the coming weeks. I have seen several positive prediction and analysis lately, so I expect something about a recovery after Bitcoin made a short pull back.