With us seeing a new all time high in March before the Bitcoin halving this year it has left me feeling unsure of what to expect for the rest of this year.
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?
I am hoping we have another 4-6 weeks of these lower prices then come October we start working our way up again for the rest of the year possibly hitting new all time high before 2025.
We never know yet, but I know that the majority are still looking forward to seeing that the bitcoin price will reach above $73k. But for now, we still know what is coming, as the market condition is difficult to assume. But there is one thing I was sure of pumps during BER months, a usual thing we have experienced in the past years.
Currently, the price of bitcoin is at $61k, which is not too low to think that we are in a bearish direction. And I feel confident that we are still able to see bitcoin at $70k again, hopefully before the end of 2024. We are indeed just hoping, but of course, the possibility is always there, and just like in the previous ATH, it comes unexpectedly.