Post
Topic
Board Speculation
Re: $35,000-$37,000 for Bitcoin in 2023 as my peaking barrier, is breakout feasible?
by
yohananaomi
on 22/07/2023, 06:32:49 UTC
Everyone believes that Bitcoin will reach 35k-37k$, but there is no definite exact date because no one really knows, due to the unpredictable market. Then it looks like that's the analysis I saw on the graph when I looked at the chart these past few days.

      Then at the current value of Bitcoin today, he dumped more than 27k$ and I also think that we are in an uptrend now because its short downtrend has ended according to what I read in the graph. But it still agrees with my analysis.
What is clear is that you are right that it is indeed difficult to predict the current market situation, because if you look at it from the beginning of the year there has been an increase, but when it reaches $31K it always declines again. so that I myself conclude that the upward trend is not clearly visible and in fact the possibility for a correction is very large. It must be remembered that the world economic situation also greatly influences the movement of bitcoin, and we know that there is currently no economic recovery. but I can agree that at the end of the year bitcoin will be able to reach $ 35K-$ 37K to get ready to enter the era of the halving period next year.