Quote from: phantailaptopbl on Today at 07:11:24 PM

Quote from: Kadal Ijo on June 06, 2023, 01:47:13 PM

The market is out of track, since March when the hope that the price will continue to rise has not happened yet, the market continues to decline and makes us have to be patient, the best solution is to be patient because if we sell at the current price, of course we will make a loss, it's better to be silent and do something else for example cycling out of town and don't look at the price of the week.

it was when the year started but then it started going sideways and correcting itself, and since then,the market is mostly going sideways and dropping more than going up, The supply of bitcoins will not increase and decrease while the demand for this should continue to increase considering the limitations of this asset so it is very possible that bitcoin and because in June the Bitcoin price can be bullish, I'm sure it's because China will enter the crypto market.

At this point, we can speculate that the price of Bitcoin is in recovery mode and as a matter of urgency the price need to revive back to somewhere around 29k to 30k to give market speculators the appetite to make some useful forecast because, at the present price, all we can do is just accumulate more and more bitcoins since the price is currently at a discount price compared to the price it was some weeks back.
But we may likely not see that significant price increase in thos months, I don't know what the last quarter of the year 2023 will look like but then also we can't stop but keep predicting well. Market price.