Quote from: rhomelmabini on Today at 09:38:09 PM

Quote from: Godlovesyou on May 16, 2023, 02:02:02 PM

Nobody bitcoin price prediction has work this season, I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?

Well, we're in a bear market and it will linger for months or even years before we get out of the accumulation phase. When Bitcoin struggling to reach new highs that is the time you should stack up more until we get in the bull run again. $40k is very unlikely for me too and I think we could see $30k-$20k area here to always play.

I couldn't expect as well to see the price of Bitcoin soaring high this year. It might be possible to reach $40k in the last quarter as the accumulation will be high due to that anticipation of halving but not to the extent that it turns bullish. I was already happy to see that situation where we can see it recover back and head away from $20k, it means that we really have the chance to see the market making another price record during the bull season.

And talking about predictions, that is literally not all went right, usually it is wrong - we have to think about the unpredictable market.