Post
Topic
Board Speculation
Re: Will the price gets to $60k this year?
by
nara1892
on 13/05/2023, 19:05:47 UTC
I think bitcoin will again reach a higher price and will pass the previous high, but it is possible that with an unpredictable situation like now the price of bitcoin will continue to decline. but I am personally optimistic that the bitcoin price will again reach a high price this year.
so what makes you sure that this year bitcoin will again reach a high price? while until now the price of bitcoin is still stuck below $ 30k. This is a very strong line of resistance because bitcoin has been stuck below $30k for a long time and has not been able to break through it. Counted only a few times bitcoin penetrated $ 30k but could not stay above $ 30k. if bitcoin wants to reach a higher point bitcoin must be able to cross this resistance line.
We are still in Q1 now and of course such hope still exists with unpredictable conditions for the future. but indeed something like this will be a possibility that happens because regardless of anything up and down it is still very possible now.
But apart from anything, of course, the important point is when the price then reaches $ 60k again, then that is clearly very good, but on the other hand, when the price is corrected again and falls again and again, then actually it is still very good for those of us who are DCA and waiting at the bottom to take advantage of the momentum with the possibility of higher returns.