Post
Topic
Board Speculation
Re: Will BTC go back to $40K - $30K range before a bigger rally?
by
Lanatsa
on 02/05/2024, 19:27:12 UTC
Based on the pattern on the chart, it seems like Bitcoin is going to correct itself but to what extent, no one knows.

We can clearly see that BTC hasn't been able to cross its previous highs after each dip recently which indicates that there is a bearish momentum going on.

So can we expect a major correction or it's going to go up again and reach $80K before halving?

Let's discuss.

Regards
SK
No one really knows and this is something that all of us would really be having that question in mind on which we cant really be able to determine on where prices would be ended or looks like on the next couple of days,weeks,months or years on which we know that this market is really that highly unpredictable and this is why tons of people keeps on throwing out their number speculations on which we cant blame them of with. Now that we are seeing that Bitcoins price is starting to recover then we can definitely be able to say that the current price dip or correction could really be the bottom but of course we arent that still
that too far off with the halving event on which there's still soo much time for things to happen on which we cant really be able to predict it.

On the time that you do see those price pullbacks or corrections, then instead on freaking out then it would be better that you should really be to encounter such condition then
taking up some advantage via DCA as we do all know and aware.