Quote from: Aanuoluwatofunmi on September 04, 2023, 08:33:19 PM

Quote from: n0ne on September 04, 2023, 05:59:48 PM

Quote from: kotajikikox on September 04, 2023, 07:13:50 AM

Quote from: rachael9385 on August 16, 2023, 12:33:45 PM

With the provided link and the picture you can tell for you self if the price will go above $30k or not https://coinmarketcap.com/currencies/bitcoin/#Chart

I missed seeing that level mate, 2 weeks ago I also aiming to see bitcoin breaking more than 30k as the price tries to break away from that level sadly, now as we are closing August ?
it recovers a little but still hardly to pass 27k and seems to be stagnant now.
lets have a complete belief that recovery will come in the coming days.

Slowly price have dropped from the range of $29k when the expectation was to cross $30k and reach the new barrier of $35k. The regular fall in the price have made the price go close to $25k. Inbetween there happened small recovery and there is big expectation it as the beginning of bullish movement. Further once again giving short term profiting the market once again started to drop. I don't think the recovery will happen at the shortest. For now my expectation is connected with the upcoming halving.

Despite this fall, we are still optimistic about the market and what the outcome may turn to be anytime soon because from research, we can see that in some cases, the market dips whenever it's planning to rise and this current bear isn't the first of its kind, we have been having it on several occasions but as long as the attempts to pump is always attacked by strong resistance to limit the rise back to bear, it will soon get to that period the resistant couldn't hold anymore and the whole thing will outburst beyond the limit till we get to the $6,000 all time high and beyond with time.

Maybe what you meant is long run. Yeah, that's why we should be looking for not, this short term dip because we all know that bitcoin will always had the tendency to recover and bounce back from any dip. Just like last year, we have seen lowest low of $15,500 and yet despite that, we move past $30k this year.

And with $25k that we have right now, it is still good as compare to last year. But then, we will have the block halving for this year and so it makes the market very positive long term as we will look for the bull run, in the next 2 years.