Post
Topic
Board Bitcoin Discussion
Re: The future of Bitcoin: Bullish or Bearish
by
isaac_clarke22
on 12/09/2023, 16:06:01 UTC
I think bitcoin price can reach $24K in this month and then it will pump to over $33k in october, but it is just my opinion. at least we can expect the value of or money in btc will always tend to increase as the number of btc adoption is still growing. maybe the future will be bullish and then bearish and it will repeat.
It could be wherever we want anytime soon. Was kinda expecting to be around 30k at this time, but hell gotta buy more I guess? I don't think adoption is growing though. It is still kinda meh in my end and I don't feel anything changing in terms of businesses adopting these.

I mean I wouldn't really be surprised if the market price even dropped to 20,000 I mean for the most part there wasn't really something yet that could trigger the market price to a Bull Run, for the market to increase and probably go to a Bull Run.  For sure at this time this market price is still a good position for the market price to skyrocket in the coming months, bullish or bearish it's still Bitcoin and cryptocurrency is obviously a risky investment because of the volatile market we can really be sure of anything on cryptocurrency that is why it is so risky because in the coming months, it is always possible that the market price of Bitcoin could drop and that is just normal to get bearish or bullish.

I am pretty sure that there will be movements in the coming months probably at the end of the year this December until next year If we are just going to compare this to the past movement of Bitcoin, there is always a big spike when the Bitcoin halving is near so probably there will be a spike again but it doesnt really matter personally because I just HODL my Bitcoin until I think that the market price is already fair to sell.
20k is quite a discount for all of us to buy more. Most people could already had assumed that 20k might be the lowest floor we can get. There will be indeed changes this December since people would want their money for Xmas. Kinda the seasonal stuffs ya know.