Post
Topic
Board Bitcoin Discussion
Re: BITCOIN AT 63K. What should we expect moving forward?
by
Fara Chan
on 04/05/2024, 14:35:13 UTC
Woke up to see BTC at 63k this cold Saturday morning, although I'm excited but I'm kinda skeptical and have questions. Is the retracment over? Will price create another ATH from here or is this a dead cat bounce? Let's share opinions below.
I don't think the current price bounce is a dead bounce because it occurs because there are still people who are willing to buy at the current price or before the price returns to $60K. So I still believe that another ATH could happen again if the Bitcoin price continues to move upwards from now on because this is still not over. So you don't need to withdraw from Bitcoin if you still want to aim for more profits or more Bitcoin in order to keep it as an asset for the future. Now throw away your skepticism and continue to believe in Bitcoin because it will not disappoint you in the future.