The Bitcoin bullish megaphone is playing out again! As the Price is rapidly closing in on $60,000. Already you can see the FOMO finding it's way back into the market. In my opinion, Bitcoin is still playing out similarly to the 2017 cycle. Only this time, dips are shallower, and the rise is steeper. The intricate dance of the market, echoing patterns of the past while paving the way towards new heights. I dont know what to call this except fascinating times indeed.
These are truly exciting times. Seeing that the $60k mark has been surpassed, I don’t even know what to do. Either rejoice at what happened, or expect unpleasant shocks in the cryptomarket. Everything is developing too quickly this time, and most importantly, much earlier than it was in previous times. Either the patterns are subject to change, or something doesn't go according to “plan”. Everything that's happening looks too good.
How high do you think it can go?
A similar question is asked time after time and it is impossible to answer. If before the recent frantic growth rates it seemed to me that there would be a decline by the end of the month (a subjective opinion based only on speculation), now I don’t even know what to expect next. Not reaching the $100k level, right? This would be too good at this stage.