Quote from: Natsuu on Today at 07:01:39 PM

Quote from: ololajulo on April 06, 2024, 11:20:39 PM

I won't set a specific price target for this market downturn, but I will aim to stay within 15,000 units below the peak. This downturn feels distinct from last year's, as the price surged leading up to the halving. What's intriguing now is that the halving hasn't occurred yet, yet we're already seeing all-time high prices. This suggests there's still significant room for upward movement.

Well we are coming in into a new quarter of the year and price may get into a new correction but I hope it wasn't that deep to hurt many investor and put their position to sell because they get caught up of their fear. If so, this will also cause to more decisive candle lower. Even BTC may have a dip, I will only perceive it as a short term price action and remain bullish in long term perspective. Halving is coming in and there would be more changes. Until that happen, I believe any dip would be a better way to position yourself to another buying opportunity.

Nope, there is no correction, on the contrary, the price is moving to $72k, maybe there was excitement as we are fast approaching block halving and so investors are pouring their money before that event event.

Who knows, maybe we will reach another all time high pre-halving. But for those who are looking long term, not minding the incoming bull run, still a good time to accumulate. So I wouldn't be surprised if we maintain this price, above $70k before the halving and not seeing any dip as the sentiments are greedy or very positive for a incoming bull run.