Post
Topic
Board Speculation
Re: The future of Bitcoin: Bullish or Bearish
by
Fundamentals Of
on 17/10/2023, 03:05:26 UTC
Most likely, in the near future - within half a year - we are expecting the beginning of a bullish movement. In the near future - a decline by half. Of course, we cannot predict whether bitcoin will show its full growth potential in 2024 or whether it will culminate in the first half of 2025. Most likely, bitcoin will, as always, fool everyone

In your definition of near future, I think the bullish movement won't yet start. If there are price increases during that time, that's far from the real bullish moments which we are expecting several months or even more than a year after April of 2024, which is the halving month. That's basically what the charts are saying. There's a fundamental reason behind that. After the bullish movements, during which time a new ATH is highly expected to happen, a correction ensues.