Post
Topic
Board Speculation
Re: another ATH , 71k and still climbing.
by
erep
on 30/03/2024, 22:47:18 UTC
I think Bitcoin prices will continue to rise this year until they reach at least above $80k. I am optimistic because before the Halving occurred, Bitcoin had set an ATH record, which was in the price range above $73k. Therefore, when the Halving occurs, bitcoin has the potential to reach a price above $80k, it does not even rule out the possibility that the price of bitcoin will reach $100k, which is another new ATH record.

I have similar expectations but we need to understand that there has been no major correction of Bitcoin price we may see some swings but yes it will surely esd towards $80k and all it needs is a surge like we have witnessed in last few months and Bitcoin trending around $80k itself is a good sign of strong support. $100k definitely looks difficult before halving but eventually it will be breached.
you are right, the market has not experienced a high correction after the significant increase from last month, I am worried that the prediction of the market increase does not match expectations because there is potential for the market to experience a high correction before the next increase, we have to ensure market movements in a few weeks before the halving.

It is possible that the market will not reach the price of $80k before the halving based on the movement patterns in the previous halving period, but we cannot be sure of crypto market predictions because anything can happen that we don't expect.