Post
Topic
Board Speculation
Re: 2024?to 60000 again?
by
GbitG
on 09/07/2024, 22:18:23 UTC
Do you think Bitcoin will still rise above 60,000 this year, that is, in 2024? Or is it the case this year and then will continue to go down?
Hmm, I think the Bitcoin price will rise above 60,000 in 2024. There are only 5,6 months remaining until the end of this year, and if we look at the previous Bitcoin monthly return. We can clearly see that Bitcoin has performed a super bullish movement in the 3–4 months at the end of the year since 2013. So looking at this point, I strongly believe that Bitcoin will be definitely hit $60,000 at the end of of the year or maybe Bitcoin could hit its current all-time high.
 
Apparently this is a speculation, but another point of view is that if Bitcoin did not rise, that is, due to selling pressure, it did not stop at its crucial support, which is approximately 50.5k, but there are chances that we will stay below 50 for some more time. It can stay, that is, the price can be stuck in the range. Everyone else has their own perspective, it may be wrong or right. This is my perspective, which I have described above.
 
DYOR !