Quote from: goaldigger on June 18, 2023, 09:53:54 PM

Quote from: Chainsmokers on June 17, 2023, 10:20:23 AM

Good news is getting more and more coming and I'm sure the Bitcoin support level has been reached at the end of 2022 which reached $ 16k,
and now the bitcoin price is still above $ 20k I don't think this year has touched a new support level anymore but we in 2023 can reach this level resistance,
moreover Good news from China can be a booster for the crypto market.

Unfortunately there’s no good news coming into this market as of the moment as many are still focus on the issue of CEX and SEC, well let’s all hope that the price of BTC will not touch the price of below $20k and will continue to hold its current position. There’s a lot of market pressure and FUD but i know this is just temporary. Hold more and wait until its recover again, bull market is still the target for this year.

Well, I guess its been how many weeks now since the SEC sued Coinbase and Binance now and it looks like bitcoin price did not react that much threatening to touch the $20k level. Though it attempts to go below $25k after the SEC wants to freeze binance assets but immediately got back up when the judge decides to just let binance do their business as is while the investigations are on going. So, I don't think bitcoin may have fall at that level as the market sentiments are kind of positive right now. People seems buying the dip and trying to accumulate as prep for the upcoming bullrun that the halving may cause next year.