Quote from: Sayeds56 on June 02, 2023, 10:14:03 AM

Quote from: Greggry on March 29, 2023, 09:15:21 PM

We are more likely to experience better end of the year, as of last two weeks Bitcoin was $23,000 but I can see some impressive changes hopefully the ends or mid of the year will make significant changes in price. Though am not excited much because even if it pumps I might not enjoy the fat price, I bought when the price is high but now you will pity my wallet. Anyway we're sure of better 2023.

It appears like you are referring to positive change in Bitcoin price and potential for further increase in coming weeks and months. I think in year 2022 when Bitcoin price hit around $15,000, many analysts were predicting its price to fall below 10,000, however fortunately these prediction didn't come true.. Since beginning of year 2023, Bitcoin market has demonstrated remarkable performance and Bitcoin is now trading around $27,000. I believe declining trend in CPI (consumer price index) was the major contributing factor behind reversal of trend.

With every bear and bull market, new dips and ATH are established respectively and each time either of these market seasons occurs, you don't expect a dip that would be lower than that of the previous. Maybe it would be some 70% below the existing ATH or 30% above the previous dip but, not below that. Same could be rative of the ATH. Could be some 30% higher or more. Either way, it gets better as time goes. How could it not... It's a scared commodity and more people are getting in by the day, creating a demand and supply curve as it goes.