Post
Topic
Board Speculation
Re: Do you think the price will drop lower than this?
by
SmartGold01
on 25/02/2025, 12:39:00 UTC
a few weeks ago @ ImThour predicted such a correction, you can read it here ----> https://bitcointalk.org/index.php?topic=5525876.msg64934845#msg64934845 . So a 30% correction is possible, but in the long term (+6 months), the price is supposed to break the $107k levels.

If it's about Bybit, we should see $92k+ levels by Sunday.
Yeah, I think I came across this earlier last month, though what gave me courage I didn't look at it was swearing of president Donald Trump, which lot of people believe that price could break out of 120k to 150k but we where totally wrong because the effects was only when he was campaigning.
After election and he was sworn in and Bitcoin succeeded breaking out of 109k but after which it was the opposite before other news came out, though was actually having this feeling that FTX repayment that started on 18th could be another factor that would add little push to the entire market. And of course bybit effects might not hold a strong effects on the market and could last just for few weeks after which the market could gain back it previous price.