Re: The Bitcoin market is back on track

It’ll be good to break $30000 again & then hopefully, never fall below it again. Things are happening behind the scenes, bullish things. I feel like the next multi year run up is about to start. Blackrock & Fidelity hopefully opening up the doors to a big inflow of new money.

Let’s Go!

Yeah, like the idea of the market breaking into the $30k barrier again. And if I'm not mistaken, we've seen $31k++ as the highest so far for this year. So just imagine this early if we can break $30k, and we have like 5-6 months at the end of the year and this bullish fever continues, then who knows, $50k as others predicted at 2023 and then we will wait for the block halving.

So for sure everyone is very happy to see a huge run in the last 24 hours pushing the price to almost $29k now. And this renewal from investors is because not only BlackRock and Fidelity but there are others as well filing for a spot Bitcoin ETF.

The bitcoin market is starting to rise now hopefully if the price of bitcoin increases then all other coins including bitcoin will increase a lot. I have no idea how much the price of the coin will increase. But I can expect it to be 40k$ within the year. Bitcoin's I sometimes feel very bad when I watch the market. The price of Bitcoin sometimes dumps a lot.

$40k isnt really that too far off honestly on which it isnt really that shocking if we do reach out that price for this year. There are other people who are really that expecting more than that but it would be better

if we do have that kind of realistic approach than on expecting with those high prices but not really something achievable for this year.No one really knows though because bitcoin halving is really that fast approaching and to those people who had been able to accumulate on 26k or even into those 15k price point are already making such money or profit as of this moment as the price hit up 30k.
Sooner or later we would really be might seeing this into those higher numbers, we've been moving sideways for a while now and it wont really be that new anymore if there's
some sort of recovery that we do have for this upcoming year.