Post
Topic
Board Speculation
Re: Is Bitcoin Bear Market over?
by
erep
on 23/12/2023, 22:56:12 UTC
Even if there is correction, which is expected, it will not be more than the usual 10% and the market will later reverse with a greater momentum. I can say that bitcoin is fair this year because it is somewhat predictable this season. As it was predicted is how it is playing out.
We have reviewed the same correction this month, the market can stay at $40k until the price recovers to $44k in the current market conditions, I can assume that the December prediction is not like the previous analysis due to the fact that the market in December has increased significantly, so we can close this year's price without a bearish impact and the market price is certain to increase in the first quarter of next year, analysis predicts that in January it will reach a price point above $55k and hopefully the prediction is correct.