Post
Topic
Board Speculation
Re: Next Bitcoin Move - Price Prediction
by
yohananaomi
on 26/02/2024, 06:14:09 UTC
I hope that what you say will certainly come true, and it is true that there will be no more corrections, let alone down to $20K, even now the movement has reached $51K-K$52K. Indeed, hope that it will continue to move to reach $60K, especially supported by the influence of the. ETF approval which has accumulated a lot of bitcoin, also don't forget that the halving period is also near. All of this should encourage it to move up, although it seems like it is still slowly moving upwards. Keep buying and holding in order to achieve what you want.
Today Bitcoin almost reached $53K before being corrected again to $51K in the market which is also part of the two real effects you mentioned. I am still quite confident that the price reach of $60K could happen in the next month if this month there is still such a good increase in Bitcoin. Because this month there was no price correction that was too big, so it could be very possible for Bitcoin to get a further price increase if buyers can continue to increase before the halving occurs.
We hope, as you say, that there doesn't appear to be a correction that is too big and there are no indications of that, so it is very likely that a movement will occur soon to break through $53K, which will usually continue to spur a move to reach $60K. Even though there are always preparations that we might not want, corrections can occur, because the halving period is still 61 days away and long enough that many things could happen, even if we don't want them.

Usually bitcoin growth did not start immediately after halving, but a few months later. That is, there is still plenty of time before the new bull run. Bitcoin has been growing for more than a year and so far there have been no major corrections. Many people are waiting for the halving and new growth, so it seems to me that manipulation and correction can happen, because the market always moves against expectations.
From before the halving to after the halving, there will indeed be many surprises that will occur, but many people think that after the halving there is usually a correction before it actually increases, which means it is in accordance with what you predicted. Looking at the situation of Bitcoin's movement during this week, it appears that there is no immediate movement to increase, every time it reaches $52K+ it then falls again to $50K+, this continues to happen. Whether it will actually increase or whether there will be a correction is very difficult to predict at this time.
We will wait again because there are still 54 days left before Halving and there is always a lot of happening outside of that.