Quote from: rhomelmabini on January 13, 2024, 02:29:21 PM

Quote from: Ravichnadra on January 04, 2024, 11:40:32 AM

What do you guys think?

We hit almost $70k when no traditional market comes in the play and with the exposure right now with the Bitcoin spot ETF that should be entirely possible considering how scarce it is. It may be a bumpy ride before we get on that level but we will get to that level and I don't doubt that possibility.

I don't think the market has anything to do with our thoughts or doubts, but it acts on what's happening worldwide and around the industry related to cryptocurrencies specifically Bitcoin. This market is nothing less than a rollercoaster, one minute it's up and in the next minute it's down, and a market this volatile and unpredictable cannot be predicted by anyone. There might be people who tend to be experts in reading charts and predicting the future, but their predictions aren't supposed to be right all the time.

I know that almost everyone in the market is pretty bullish about the price of Bitcoin during this bull run, and they are all optimistic about it, however, there is no guarantee about where the price will go and then take a U-turn because as I said earlier, the market is highly unpredictable and anything can happen.