Post
Topic
Board Speculation
Re: Are we now on Crypto bull run?
by
rojan
on 27/06/2023, 16:15:01 UTC
Today bitcoin touched $30k after more than 3 months under $30k, and now it makes me even more optimistic that the market will rise again and hopes for a bull run are getting real, I'm sure in June the price can still go up and touch at least $35k.

After yesterday's hard rise, the BTC price of $ 31,400 has corrected slightly and is now at $ 30,856 but if you look at the chart it is very possible for resistance to be broken because there has been a lot of positive market sentiment in the past few days. Yes. Hopefully this will be a good start until the end of this year. for the future no one knows for sure because the market can change at any time.

Not a problem with a correction to $30.6k again because that is very reasonable,
if this weekend Bitcoin does not drop below $30k this will be without being very bullish for Bitcoin,
I can be optimistic that Bitcoin can reach $50k in August or September.
I think it will be difficult for bitcoin to grow to 50k this year. I think the real growth will start next year. The recent pump happened because of news about new bitcoin etf. But no one knows how the launch of these etfs will affect the price in the future. I remember when the pump happened in 2017 because of cme group, after which the market turned bearish. Wouldn't want to see history repeat itself.

I think it will be difficult for bitcoin to grow to 50k this year. I think the real growth will start next year.
The recent pump happened because of news about new bitcoin etf. But no one knows how the launch of these etfs will affect the price in the future.
I remember when the pump happened in 2017 because of cme group, after which the market turned bearish. Wouldn't want to see history repeat itself.

The bitcoin market as it is now seems to reach 40$k very soon. I am worried about how the bitcoin market will be by the end of this year. Because I have invested almost all my money in bitcoin. There are many people who are hoping for bitcoin in the new year.  The market will look very good. I don't know how Bitcoin will be at the beginning of the new year.