But the question is; is it possible for bitcoin to reach $60k by this year? No serious bulls happening currently and if it continues in this little increase probably it will not get anywhere close to $60k. Share your views.
Of course, I or maybe others have also seen the speculation and analyzed the continuation of the Bitcoin price for 2023 and right now, there is a lot of variety in what people are saying about the price of Bitcoin, but I have my own opinion and believe for myself that Bitcoin this year will not break $60k, on the contrary, it could be lower than the current price below $29k.
We all know this year has not been good for the crypto market, you can see for yourself, many types of coins are currently being dumped on various exchanges, in this week alone there have been 8 types of coins dumped on my local exchange, as well as the actions taken by Binance and other exchanges.
I speculate that the crypto market will improve in the next year, it shows from the actions taken by many exchanges at this time, I believe anything can happen to Bitcoin, unbeknownst to all of us, as well as the price of Bitcoin $ 60k could have happened without us knowing it could happen, but I'm not sure for this year.