Post
Topic
Board Speculation
Re: BITCOIN BULL MAY BE IN TROUBLE
by
dezoel
on 22/05/2023, 20:48:19 UTC
i believe that bull is in trouble because if not we can maybe feel it right now, most of coin are down and btc is struggling under 30k$ i dont know if it will go up above my expectations this month which is 35k$, there is always a risk so we need to always set a limit, if bitcoin will not reach 35k$ this month the bull run is maybe happen next year and not this year.
Why do you think that the price of Bitcoin for the whole year will be determined based on its price by the end of this month? There are 7 more months after this one for the year to end, so anything can happen in these 7 months. And expecting $35k only within this month is too much in my opinion, the price might not even go above $30k this month.

Even if it manages to go above $35k in the next month, we will surely see the price going around $45k by the end of the year since that will bring some positive sentiment in the market and most people will stop panicking.