Post
Topic
Board Speculation
Re: Month of May. Bitcoin price guess
by
Rigon
on 10/05/2023, 06:09:09 UTC
Those that chose below $30000, bitcoin has disappointed you  Grin : Bitcoin price guess, 2023.

For those of you that have not chose anything, you can still partake in the poll.

What are people talking about now?
This is according to what I am hearing, that bitcoin rise from as low as less than $4000 to almost $14000 in 2019, that the highest price bitcoin might increase to this time may not reach $40000 because all-time-high is $69000. We are still around $30000, that bitcoin may increase up to almost $40000

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?
We saw from the April price chart that Bitcoin reached $31,000. After that, the market stopped growing and slowly started to decline. We might have thought that Bitcoin could reach $40,000 by the end of April. But it failed there and by the month of May, Bitcoin started to gradually decline. Another problem added to this is the exorbitant increase in transaction fees for Bitcoin transactions. People are now in a difficult situation to transact due to the exorbitant increase in Bitcoin transaction fees. However, if this problem is resolved, I think Bitcoin will start to rise again and the highest Bitcoin can be between $33,000 to $38,000 by May.