Post
Topic
Board Speculation
Re: 60k possible before end of this month?
by
SmartGold01
on 27/02/2024, 21:05:25 UTC
~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 entire swipe of this months 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.