Post
Topic
Board Speculation
Re: another ATH , 71k and still climbing.
by
Oasisman
on 23/05/2024, 08:14:11 UTC
are we  going to see 75k this time? because bitcoin is in the 3rd time this month breaks ATH https://coinmarketcap.com/currencies/bitcoin/  the unusual occasion that we have seen since its creation .

HODL guys , keep holding .

Any reason for this Pump now?

     And now it is having a rally again; they probably also have a target price, and once they beat it, I am pretty sure they will take profit, and then there will be another correction or retracement that will happen, and they will buy in the dip again.

Well, that's something that has been happening ever since. People just can't continue buying when the bitcoin price were constantly rising. Not everyone is a long term hodler, some people does short bitcoin effectively especially during a new ATH been reached.
Bitcoin is currently hovering around the region of $68k - $70k max, it will be just a matter of time when investors starting to realize that we are heading to a new ATH in the next 5-10 months time and this would create another run to up to 80k to 90k or even testing the 6 digit figure. However, we should always expect a shar correction once bitcoin reached these figures.