Quote from: Joshapat on Today at 01:04:19 PM

If we look at this year's price chart then the highest price of bitcoin was only around $31k, and I still remember it lasted less than 24 hours and the market fell again, and now the price around $26k and I see like a puzzle that was difficult to solve so we had to be patient to see price increase this year.

The current top for this year doesn’t reflect the limitations on how high it can go this year. If you will use Bollinger Band indicator on monthly basis. You can notice that it sits on the middle channel which means there’s a chance to pump more higher than 31k this year.

Also Bitcoin usually start to make strong move on the last quarter of the year especially Bitcoin halving is already around the corner next year. There’s still chance to see some price explosion once everyone unites to become bullish due to the halving.