Quote from: wheelz1200 on Today at 08:19:01 PM

Quote from: Justin999 on August 23, 2023, 09:41:09 PM

Crypto market was going well, Bitcoin was pumping gradually and altcoins also following the path after bitcoin. But market get dumped recently. But today it shows good signs for something good to be happened. So what do you think? We are going to notice recovery soon? Or many dumps are waiting ahead?

I think we are still a long way away from a full force bull market. On top of the world wide economy looking like its gonna slide backwards, and the halvening coming soon we still are a ways off. Ypu might see some mini pumps in the meantime but those will all be short lived. I personally think bitcoin might touch 20k again before we start seeing 100k figures.

We're still on the $25k - $26k, and yes, we're not sure how long the price of Bitcoin can hold with that whether we fall below $25k (but I didn't think about reaching $20k) or have a pump over $26k and continue to rally. Now, it was really hard to speculate as to what would happen next but must prepare for the sideways movement of the market and most of all, must prepare to buy when the price rolled down more.
I would say that there is no clear direction for Bitcoin but I believe that during BER months the price went high as has also happened in the past years.