Post
Topic
Board Speculation
Re: How did you see BTC in future?
by
doomloop
on 29/07/2023, 16:51:54 UTC
According to my opinion In 2023, the price of the BTC reached $40k expected at the end of the year and the average movement price is between $25k to $28k.
 Bitcoin price prediction will continue to rise during 2024 the price of BTC between $50k to $60k and the average moving line of BTC is $55k 2025 also expected that
the Bitcoin price prediction that will continue to rise in the year 2025 where I expect that BTC will brake the ATH and build a new ATH on $100k. [/size]
I believe Bitcoin won't go above $40k this year. I know that there are still about 4 months to go in 2023, but I don't really see any strong reason for Bitcoin to break above the resistance and go toward that target. We have seen how strong the resistance at $31k is, it has been trying to break above it for a long time but to no avail, so I don't think that is going to happen anytime soon unless there is some huge news that spreads a lot of positivity in the market.

And, as the whole industry believes the market will enter a bull run after or around the halving event in 2024, I believe that is when we might start going up, and by the end of 2024, we might see the price touching $50k, and by the time we 2025 and within the first couple of months, the price will go towards $60k-70k.