Post
Topic
Board Speculation
Re: another ATH , 71k and still climbing.
by
Yaunfitda
on 13/03/2024, 13:02:52 UTC
Why move this thread from speculation to economics? It suppose to be in speculation board.

Any reason for this Pump now?
The main reason for this pump are the institutions that are buying bitcoin and also because bitcoin supposed to be bullish this year and next year. We are in bull period.

are we  going to see 75k this time?
Bitcoin has just surpassed $72000. $75000 is very close. We are going to $100000.
Yeah, it did it $73k, and I think there is no stopping as where the price will be pre-halving. Although I think the bulls intention is to break the previous all time high. But it's not out of control in a good way. And so it's possible that with this kind of bullish momentum, $75k will be achieved or even higher as we hit the halving. There were also speculation that we could see a correction just like the previous history. But this is the first time that we have seen this kind of price movement, so the previous run could not be applicable in this bull cycle as new patterns are emerging.