Quote from: Semar Mesem on June 04, 2023, 01:44:23 PM

I think the price of $ 80k will be difficult this year, if the end of the year the market can rise because many people think the halving is coming soon then maybe the highest price that can be reached is around $ 60k, but this certainly makes us more excited to buy because 2024 happens halving day which makes prices rise dramatically.

$80,000 is just impossible for Bitcoin to reach this year, we have seen how difficult it's for the market to retest $30,000 and the last time we saw Bitcoin price at theat amount was in March and now we're in June. We have to reduce our expectations of Bitcoin price this year.

We have 6 months left before the year ends and that's a very long time which Bitcoin will use to move between different prices and my opinion is that we'll retest $30,000 before the month of June ends then the price will pump to between $35,000 to $40,000 before July ends.

After then the market will experience some corrections and the following months it'll recover. Bitcoin won't excess previous all time high this year but the market will initiate a bullish move that'll carry us over to 2024 then we'll begin to see serious pumps due to the halving getting closer.