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.
I don't think there will be any bulls this year but the Bitcoin market is likely to move into a good position. Although we have seen that the Bitcoin market was supposed to rise from last week but it has come down again. We can say a big bear like $4k dollars the market has gone down really bad. But now I'm not sure if the market will turn bullish or bearish again, as right now the market is around $26000 so we can expect this year, the price of Bitcoin will be around $45000 dollars by the end of the year. However, we may not see much growth this year as growth will begin in 2024 when the Bitcoin market halves. Going into 2024, Bitcoin will peak and we will again see a strong bull market, when the Bitcoin market is likely to cross $100,000.