Post
Topic
Board Speculation
Re: $35,000-$37,000 for Bitcoin in 2023 as my peaking barrier, is breakout feasible?
by
carlfebz2
on 09/05/2023, 19:35:59 UTC
This is my instinct rather than a professional analysis.

Did I hear someone say instinct does not work in trading? My friend, it does work. My trading instinct works 90%, especially for long-term trading because I live my life in the world of trading, even what happens in trading is being seen in my dreams at times, so trading is more than what we think.

That aside, this is an instinct, not a dream or anything. I've been having this instinct since November 2022 when Bitcoin was still challenged and facing bearish pressure. However, the first part is fulfilled by the market changing trend and moving closer to the levels.

Do you guys believe it would surpass $35k-37k this year?

Although Bitcoin is currently bullish and no speculation is perfect, still, this a tough task, for me, despite getting closer to the levels daily.
We do really have that intuition sometimes when it comes to trading and price approach whether it would be reaching out those high numbers but it cant really be that predicted and this is where we do make some
technical analysis.Yes, all of us are just that speculators when it comes to this matter because there's no way that we could be able to predict on whats ahead but i would like to say that these numbers
been mentioned on OP is really that something realistic compared into those $60k-100k price approach for this year which we know that it cant really be that possible for this year alone.

Its better to have some realistic approach rather than on hoping for higher numbers and on just simply looking on the current price movement and the sentiments around then it would really be that hard
for us to push up that high as for this 2023. If ever there would be some major resistances or ceiling would be broken then it is really just nice to see on having that kind of moment
but for now, im not really that expecting that much because anything could really happen along the way.