Post
Topic
Board Speculation
Re: Will BTC go back to $40K - $30K range before a bigger rally?
by
Riginac111
on 03/05/2024, 20:31:38 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 wise person has yet made an accurate guess about the price of Bitcoin. So it is impossible to say exactly which direction Bitcoin will move. As we are very close to Bitcoin Halving, we will go through Bitcoin Halving in just a few days. So it is more likely that the Bitcoin price will remain in the normal range so that investors can get out and invest

most of the person that make a prediction for the price of Bitcoin they are just speculating they are just guessing because if they are not guessing I think they would have invested much in Bitcoin knowing that time they will make a mega profit for cryptocurrency investment mostly Bitcoin so that is why we need to understand the procedures of Bitcoin, so I don't know for others who make their own prediction of Bitcoin