Quote from: Odusko on Today at 08:47:36 PM

Quote from: SmartGold01 on February 27, 2024, 09:05:25 PM

Quote from: GeorgeJohn on February 27, 2024, 07:54:03 PM

Quote from: SmartGold01 on February 15, 2024, 10:15:57 PM

~Snip~
Let us discuss.

you cannot trust the increment of Bitcoin like that because there is every tendency that the price of bitcoin can retrace and the fall back based on the demand and the supply so if the price changes or the market of Bitcoin changes no that it is based on the demand and that is why I said that anything can happen in cryptocurrency and if it happens to retrace that means the price of bitcoin will fall, so the investors control the market of bitcoin from my perspective.

I think if you look from my speculation I am almost right because today bitcoin has already touched 57k plus and we still have about 3 days to the entire swipe of this month away from 2024 and with the sudden surge within this period which is just yesterday and today really proves that bitcoin is certainly gonna touch $60k before this month runs out if it didn't touched then for sure first week of next week within 1st to 7th of March we will have bitcoin touched $60k. I still understand that the market is volatile but a strong feeling that the ETF approval is really giving a strong wave to the Bitcoin growth.

Great to see that your first prediction has played out pretty well and at that you have the high-spirited to make further predictions along the line and now the attention has shifted to aim at a 70k to because Bitcoin is rallying somewhere around that price, hasn't tried several time to make the $64k - 70k which is a price that Bitcoin has really attempted to touch severally.

But then also, the possibility of making the next all-time high before the next Bitcoin block rewards reduction which is already few days around the corner and making that possible attempt may not be out of proportion anyway, but there is strong resistance before that can be actually achieved.

Just like I said there will be a strong resistance to hold between 60k to 70k if this crossed then for sure we are going to see 80k though can be within the halving or after the halving. The best thing to always do is to take profits since the Market is inconsistent, one can make huge profits except for those who are HODLer they can hold for long term and body wants to missed the bull trend.
Please what note that whatever I post here is not a financial advice and is solely on speculation and if market goes according to what I predicted doesn't make me a guru rather playing around with the market, so you choose what you want from the market if you must invest and hold, I am not responsible for any lost.