Post
Topic
Board Speculation
Re: Road to 100k?
by
kawetsriyanto
on 11/04/2024, 20:40:15 UTC
Well, I think the price correction looks like it will end this following days, because from what I see, there will be another rally before the actual halving event arrives 13 days from now. And a few months will pass again to have a correction again, for sure.
After the drop, there should an increase of the price. Bitcoin already increased to $70k - $71k again as you expected. However, we don't know whether this increase will continue or we will have another dump. Sure, the halving is getting closer, ideally there will be a constant increase because of the hype on the halving. But everything can happen, no guarantee for a constant raise on Bitcoin price.

So right now we are buying moment first, and I can see in the chart of the price reversal for the new trend rally these few days from now. I can see something based on my analysis that is noticed in the graph.
I think the buying time is already over. This time is for waiting the selling time (exit). We already have many dumps, most of us must already buy Bitcoin many times. The pump was also happened already, I think everything looks like as you predicted.