Post
Topic
Board Speculation
Re: Will Btc get to $12k or $10k
by
GigaBit
on 26/04/2023, 17:25:20 UTC
I think nothing is impossible in bitcoin price movement, today the price reached more than $ 28500 but if there is a crash it can be easy to return to $ 10k, this is common, for example like in 2021 it reached over $ 69k many people said it was impossible the price will drop below $30k but it only took 5 months for the price to drop below $30k.


By looking at current market movements, we are more inclined to say that Bitcoin is unlikely to return to the price of $ 10k, and we assume that Bitcoin will continue to be above $ 25k and above in the near future. I believe this indicates a move is imminent for more upside, now in a $29k green graphic correction after dropping from its $30k initial price.
Some investors lose confidence or sometimes get worried at the Bitcoin price correction. But Bitcoin real holders are not concerned about this. Because they are able to accept both Bitcoin pump and dump. The market looking slightly bearish since last week, many are concerned that Bitcoin may be bearish again. It may drop below $15k again. Most of those who try to invest in Bitcoin with such assumptions may face losses in Bitcoin. Bitcoin price has increased by 8.8 percent in the last 24 hours. Bitcoin is now trading at $29792 from $27357. Those who were in confusion now began to dream again. But only those who are committed to a goal will be able to achieve success with Bitcoin.