Post
Topic
Board Speculation
Re: 2024?to 60000 again?
by
uneng
on 09/07/2024, 22:43:53 UTC
So nothing is absolute and cannot be generalized. What I'm discussing is just whether it can reach 60,000 in 2024. Maybe it will go downhill in the rest of 2024 and directly drop to 20,000, 30,000 or even 10,000.
It's heavily unlikely that Bitcoin doesn't cross the 60,000$ mark this year yet. Right now Bitcoin is almost reaching to 58,000$, and if this bullish tendency can be maintained, we are going to see Bitcoin back to the price range you are arguing about faster than we imagined last week. There is a small chance that Bitcoin will go downhill for the rest of 2024, and by "small chance" I'm being really open minded regards your point of view.

It's halving year, Bitcoin is bullish, the biggest sharks of financial world are fully focused in Bitcoin and it can be already considered a mainstream investment... If Bitcoin still were a risky asset with potential to crash to the bottom prices you mentioned, I don't think institutional investors and funds of investments would be depositing so much money on it.