Post
Topic
Board Speculation
Re: This bullish momentum - Breaking through the $35,000 mark
by
virasog
on 11/11/2023, 23:43:39 UTC
Bitcoin almost touched $38k from its last move, just about a few dollars away from hitting the $38k price you talked about,  So we shouldn't be talking about $38k to be the next level because the price almost smashed that price target, we should be looking at a higher price of $40k-45k which if looking at the chart that should be the next destination point for BTC to reach.

that's the next target in this market, 40-45k range. and i guess, that's not too hard to achieve. once we surpass the 40k mark, it can easily go up in a matter of hours, or days, who knows? but before seeing those levels, you might want to think on how you can take advantage of such opportunity.
as we have seen, we are seemingly bullish these days. before this year ends, a lot of people may be are happy holding their satoshis. maybe, time to cash out some to enjoy what you've been waiting for long.

Well I think bitcoin is due for correction and needs to test the lower low on the weekly time frame. Yes we can move straight up, but such moves are usually unsustainable

Also for the bull run to continue, a healthy correction is necessary. The higher we go without correction, the bigger will be the dump.