Seems like the road to $100k is very rough indeed with how poorly the market price has been, some how it looks like we're never going to see $80k before the end of this month. Is getting to a week and we haven't seen anything positive like heading towards the $70k it was before dropping and we're expecting to see a new ATH anytime soon and that would happen when the price start going up, I think the market price might change in the next 3 days.
You call this performance of recent poor? You must have a very high ratings for what is considered a good price pump for Bitcoin or as a yardstick for just any commodity. I think Bitcoin has done so well for itself given the fact that, it has successfully broken its trend in history and brought to light a whole different trend of its own. Where its ATH is been broken even before the halving. Having a price range that revolves about the formal ATH and not quite far from the current ATH, that’s maintaining a good momentum for me.
You will understand and appreciate this once you start hodling for long and the little dumps you see now will prove valuable if your actually buying because, we are going to see a push towards creating yet another high again with its next momentum.
Honestly I have to call it a poor performance because all what I have seen compare to this, is nowhere near a good performance, I was expecting something higher but with how it has been going back down till this very moment is not encouraging at all with the fact that expectations are high when it was trying to get to $70k and now we're seeing the market price at $64k.
We are going to see a new ATH and $73k is not going to be the new record and from the past month Bitcoin price was heading to the point that I thought we would have it at $70k, that was in February but it ended at $67k+. So if it follows that pattern I believe we might be seeing the price at $80k, but with all these, is not that positive. You'd agree with me that those ones who are new to crypto world would be scared of hodling for long (like myself) coupled with the fact that this is the first halving we're experiencing.