Quote from: Dickiy on July 14, 2024, 05:32:14 AM

Quote from: Sexylizzy2813 on July 11, 2024, 10:53:20 PM

Getting to $75k is the problem since the market price hasn't been making any progress on its movement, before now I was expecting the market price to still be at this range $60k-$65k but nothing to show for, is it that Bitcoin price is trying to go way down to $35k before making a move back up? Because as it is the $75k isn't happening anytime soon, not this month maybe next 2 months depending on what the market is giving. For sometime it has been between $55k-$60k so can we still hope on getting to $65k before $75k? To me the market is not progressing, at least for now.

The market has been rising slowly over the past few days. And the current market price has touched $60k, so we don't need to panic about the market situation, because we are here only guessing without knowing what will happen, no I don't believe bitcoin will experience a price drop to $35k, although it could happen but I doubt it for now seeing stable market movements.

$65k can still be or $75k as you mentioned, if the movement to get there is considered slow or takes several months, but it will definitely happen to that target, I'm not worried, I will take advantage of the current market conditions to accumulate my bitcoin.

I don't even know why some people are getting worried about bitcoin price dropping, and not making continuous upward movements. But they have forgotten that the drop in price is an opportunity for them to add more stash to their holding. Last week many people were worried about bitcoin because the price got to $57k but today bitcoin is over $62k. Many people were concentrating on why the price was dropping while few were busy buying the dip and today those that bought the dip are already in profit while those that were complaining about the fall have not profited because they didn't engage and maximize the opportunity. I won't even bother myself about when bitcoin will get to $75k. If it gets there this month fine, if it doesn't fine, what is important is, are you making use of the opportunity of the drop in price. But I'm certain that this $75k we are talking about today will one day be the dip of bitcoin.