Quote from: GeorgeJohn on Today at 08:10:35 PM

Quote from: Adbitco on April 30, 2023, 11:59:45 PM

Quote from: Oshosondy on April 30, 2023, 11:51:53 PM

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

There is every possibility the month of May will be a very good month just as April brought a good tidying on the price despite it didn't crossed to 35k but it was better than January.

So i am on a positive side of bitcoin moving around $30k to $36k maximum.

You don't have to speak in bitcoin increment or decrement with assurance, because their is tendency that bitcoin price might collapse in this may, and the price of bitcoin in April go higher than May price, from my observation and experience in bitcoin price, I think what emanates or triggers the increment of bitcoin is as result of the gravity of bitcoin demands, so I believe that increment of bitcoin is determined only if the demands is higher the supply, and secondly when their is positive information about bitcoin from a potential countries, or countries that have influence.

Speculation is what makes the price interesting and give hope to investors, Yes this is true there's no assurance price will increase or decrease but one thing certain about bitcoin is that we must get either increase or decrease in price. As for the demand I know is somewhat not too certain as well because despite a high volume of demand a common news can easily influence the market and shrimp holder or even crab holders would panicked and sell of immediately the supply will supercede the demands.