Post
Topic
Board Speculation
Merits 13 from 5 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
LFC_Bitcoin
on 10/08/2024, 20:52:38 UTC
⭐ Merited by bitebits (7) ,fillippone (3) ,Hueristic (1) ,d_eddie (1) ,Biodom (1)
Feels like we’ve been treading water since late February. Well we have been, haven’t we. Really hoping for some bullish momentum soon and a significant period of uppity. $61,000 seems very cheap, we’re still below the 2021 high, which is a bit pathetic really considering we now have Spot ETFs and institutional buying.

I’m going to stay positive and expect that in the new few months we leave this range behind and blast through the $70,000 zone into price discovery hitting multiple all time highs before the year is out. I know that 2025 is likely to be the peak of this cycle (and probably the second half of the year) but I expect us to start moving up soon. We should by past the $60,000’s now.