Post
Topic
Board Speculation
Re: Bitcoin - what do you expect for the rest of 2024?
by
GreatArkansas
on 14/08/2024, 06:08:46 UTC
As we hit that new $73k all time high earlier than expected, can we still expect to go past it sometime this year or are we thinking next year now?

On almost all the exchanges that I am checking it, the all-time high was almost $74000. The all-time high is around $73800 on all the exchanges that I used to check it.

We do not know what the price of bitcoin would be, but I think it is good to always accumulate more at $50000.
This makes sense because as you can see how many times Bitcoin dropped below $60,000 at the beginning of this month and last month, it just kept bouncing above $60,000.
My conclusion is Bitcoin is building strong significant support in the $50,000 - $60,000 area which for me, will still stay for longer.
The only good news here is we are safe, either you are a bull or bear.