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.
If you expect the price of Bitcoin to reach $80k later this month, it seems unlikely to happen. However, the potential for a price increase of up to $100k is still very possible because the halving has not yet started. I think the correction that is happening now is a normal thing to happen as a step towards an even higher increase. Therefore, I am still optimistic that the price of bitcoin has the potential to reach $100k this year.
there are still 5 days before the month ends so expecting 80k isn't late and look at the recovery now? bitcoin once again reached 70k and above and with this movement continues to happen? then chances is always there . though I doubt about 100k to be in the table at least this 2nd quarter .
To be frank with you this month is the fastest since this year even February that have 29 days can't be compared to the month of March and still is the negative part of Bitcoin we're seeing. By now I thought things would start heading to that rapid movement to hit $80k but it never happened instead we get to see the market price getting back to $69k to $65k after touching $70k, for now we can't say $80k is possible this month, I just hope that next month won't be as worse as this very month.
One of the most common behavior of people is that on the time that when they are seeing price rally on which on the time that it did break up Bitcoins ATH then they would really be having that kind of boost of feeling or emotion that it would really be able to break 80k easily without even trying out to reconsider that there would really be corrections after a pump. It wont really be that a smooth sail ride just like on what
thsoe people been anticipating. Come to think that we arent still on a bull run yet. Yes, its good to see that we are watching BItcoins price to hit up or break those ATH but we arent really that too farm off.
We could really be able to see up into technicals that its already overbought on which anytime it could make out that kind of correction on which it did really happen.
Dont tend to raise up your hopes that breaking 80k would be simple but of course this one is inevitable since we arent still on bull run yet.