Quote from: Lida93 on Today at 11:46:37 AM

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.

Unfortunately bitcoin is not moving in that direction as you had predicted mate. This month of may unlike April is going to disappoint many peoples and their prediction cause from what am looking at, the 30k price mark is the highest bitcoin can go for this month of May and anything above that mark should be expected around June.

In this remaining week of May bitcoin price would only be fluctuating around 26k and 29k maximum and this consolidation will hold till we enter June where we would be seeing a higher price above 30k -35k. Am having a positive feeling about the month of June for bitcoin.

There is more than 1 week left until the end of May, and if you are expecting a market recovery, don't be too pessimistic because there may be surprises, bitcoin always brings us surprises. Predictions for June, I think market movements will be dominated by news regarding Fed rate hikes, so it's too early to make predictions right now as we don't know what the Fed will do next. There has been some information that they will continue to raise interest rates, which is not good news for the market in June.