Quote from: TheGreatPython on Today at 02:49:23 AM

Quote from: kapalmabur on June 16, 2023, 05:38:01 PM

Quote from: OgNasty on June 16, 2023, 01:46:45 PM

Now that the big guys like Blackrock are moving into the space, a massive jump in price seems almost inevitable. If their ETF gets approved it will be a situation of the higher Bitcoin’s price goes the more money they’ll be able to take in on fees, which will act as a feedback loop as they accumulate everything they can buy using their own investor’s money.

This good news is really surprising and it's true that June will be bullish especially,
I'm sure Q3 Bitcoin will go to $ 50k first before another correction,
and 2024 will probably be to $ 65k after that 2025 Bitcoin will be more than $ 150k, hopefully it will happen.

We need to make assumptions based on the history of the market and also the current events in the mainstream world, do you really think with all the FUD, fear, panic selling, and bad news circulating all around the month of June can be bullish? There is only a week and a few days left and I don't see any signs of that, instead, the price keeps falling because we don't have a lot of positive things going on around cryptocurrency world lately.

So we are not about to see that happen anytime soon, we need to first get out of all these FUDs and bad news and exchanges getting sued, after that, we might see some positive price action going on, otherwise, it will only be like this for the whole year I'm afraid.

Anything is possible, and bitcoin always brings us many surprises. Although when looking at the market, the negative news is still in the market, so thinking of a rally is not feasible but if you check the market today, bitcoin is back at $27k. 10 days to the end of June, and it's hard to say what will happen, I can't be sure bitcoin will rise in the remaining days, but you also have no evidence that it will continue to fall in the days next.
To be honest, I find investing in bitcoin very interesting because of its unpredictable volatility, when we predict it to fall, it will increase, and vice versa.