In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
Lately we see Bitcoin fluctuating between $63k and $67k. It is very difficult to predict exactly which direction Bitcoin will go from the range it is in We have passed the bitcoin halving for just a few days since bitcoin didn't go down so we can say bitcoin can go up. Because while there is likely to be some dumping in the market before the bitcoin halving, the dumping was recorded at 60k. I predict that Bitcoin, which will never approach $50,000 again, will rise and settle in the $100,000 range by 2024. I know I can't make any accurate guesses in this case, but I hope my guesses are correct.