Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin go back up?
by
pooya87
on 08/02/2025, 05:22:22 UTC
Right now it is tied up in the Trump vs. Deep State conflicts.
Why do you assume that?

If we check the past 15-16 years of market history, we see the same thing happen over and over. Price goes up 40%-60% fast or moderately fast then as it runs out of "steam" it stops and there is a correction where price comes down a little like 5% or 10% or sometimes even bigger 30%. Then we enter accumulation phase before the rise begins again.
See charts to see this pattern for yourself.

Price went from $70k to $110k in ~3 months and as it ran out of juice it stopped and corrected a little down to $95k. It doesn't really need some fancy reason to do it...