Quote from: YUriy1991 on Today at 05:10:45 AM

Quote from: barisbilgili on August 17, 2024, 04:30:41 AM

That is absolutely true but regardless of what happens for the reasons you mentioned but I am sure that the reversal will happen shortly after that as it has happened in the last few months and even happened repeatedly when there is a fast and significant movement it will reverse back to the way it was which means if we look at it as a whole there is no significant change. For the remaining few months of this year I also think so and even if we look at what happened in the past it is quite possible that we could see a price of $80k as you mentioned, I am quite optimistic about that myself.

Yes. Everyone is looking forward to it. The rest is about 3 months and 8 days away towards the end of the year and I also have a hunch that the acceleration of the BTC price increase will be coming soon and for the end of this year I am sure that the 80K figure that you predict will be broken. Indeed, if we see the market for now is still mediocre, it could be that the price range that revolves is still $60.7 K.

We can only say that the market is mediocre because we have reach a new all time high at $73k before the halving. But if you look at the price, still good at $60k in my opinion. But just like the rest of us, definitely looking for higher highs as the end of the year so it's possible that $80k is doable maybe in December.

And then we have the US election that might have a influence on the price. But I guess whoever wins the price will truly march on the last quarter of the year. Perhaps we would see another great news that will bring positive momentum to reach $80k or even like 6 digits at the end of the year.