Post
Topic
Board Economics
Re: Gold is up to new ATH, silver is up, BITCOIN IS BACK BABY!!!
by
arwin100
on 12/12/2023, 07:48:49 UTC
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I give 75 percent that we will not see the price of bitcoin above 50k. This is evidenced by the fact that we simultaneously hit the resistance level and the top of the downtrend. And I am sure that now the price will be closed between the top 45k and the bottom 15-25k and maybe even 10k. And this is normal, thanks to the fall, you can also earn money.

As for the third world War: it will not happen because humanity has realized its mistakes and such a global action will no longer happen, but only local conflicts.

On what time span we are talking about here since if we think about this $50k price to come on December month maybe we can agree to this that $50k might don't come due to some series of correction that might happen. But for next year I don't think that $50k is not possible to come since I think there's huge demand will come to bitcoin as there are so many investor would provably pour some money to invest on bitcoin and it create a massive demand due to the hype brought up by halving season.

I'm really positive about this since for so many halving season we experience we see some overwhelming growth for bitcoin that's why its not really possible to happen that we could see a new ATH for next years halving event.

World war three might not gonna happen since at current age people are civilized and they know how damaging the war is so maybe first world to third world countries maybe don't want to engage on this kind of conflict.