Post
Topic
Board Speculation
Re: Bitcoin at its ATH of 2023 so far
by
flyingcarpet
on 05/12/2023, 20:27:49 UTC
The market has reached the highest level of recovery in the first month of December, the market is much better than I expected because I predicted that the price of $ 40k could be reached in the middle and end of December but the prediction was wrong and the market will probably close at $ 50k by the end of the month, but there is no prediction certain and perhaps some people's predictions regarding a recovery near ATH will be achieved this month, the bull market may increase at unpredictable high price levels.
I actually think that the closing price of Bitcoin this year will be $45K or a little more than that because now Bitcoin has just reached more than $42K in today's market so the trend seems to be getting better and most people are also quite happy with this because after After being patient for a long time, we have achieved quite satisfactory results through the current price increase, although there are still many people who hold Bitcoin to wait for a more significant increase before halving.

This year's close may be around 45k but there is no correction yet. This month's ATH may give some signals but investing before the correction may cause us to make a mistake. It makes sense for me to wait for a correction to buy.

This increase in the price of Bitcoin is good news, but despite all this increase, there are still those who say that the price will fall. It's worth being a bit cautious, so setting aside some money for a purchase could be a good move.

There are those who say that the rise will continue even before the halving, but it is still necessary to keep a close eye on the market and keep our moves ready.