Post
Topic
Board Speculation
Re: BTC staying above $67,000, will it reach all time high?
by
pinggoki
on 21/05/2024, 00:36:22 UTC
Those self pro called professional traders or economist always been like this, they said when the price crossed x, it will pump to y and when the price down to x, y will be the bottom. Anyone, without need to have a degree or approved by a lot people, can predict like that.

Only few people dare to say the exact price like bottom of Bitcoin price will happen on 5 June 2024 or $25K is the bottom, as we know those speculations mostly missed.
Maybe the self-proclaimed says that but if you really go with the real traders, they'd probably say something a little bit different and much more in-depth than most people expect it to be unlike this one which just basically means as you think it means, no factors or scenarios discussed that would create or contribute to the growth of the market, it's basically a watered down "bitcoin goes up and down sometimes" like what @thecodebear says. To be fair with these self-proclaimed traders and economists that you're talking about, it's really hard to predict a precise price at a specific date, that's why everything is all speculation even if they're saying that they're going to predict something.