Post
Topic
Board Speculation
Re: $85000 next?
by
Dave1
on 26/02/2025, 13:32:32 UTC
Snip

But let me ask a question. I saw on news that bitcoin can fall to $85000. What do you think about it this time?
At first I thought this had great potential to happen. Because last night I took the time to look at the market and I saw that the price of bitcoin had touched $86K. From there I started to think that it seemed like Bitcoin would decline to a price of $85K. But apparently this did not happen, because the price of bitcoin continues to appear to want to increase again. The proof is that currently bitcoin is at a price range of $89K. So if you look at this, I think this week it will be a little difficult for bitcoin to touch the price of $85K. Because even though many people predict this, it seems that these predictions are not accurate. So I personally think Bitcoin will experience another price increase to $90K+. So don't worry too much about this. But if, for example, next week Bitcoin experiences another deep decline like in the current week. Maybe bitcoin will indeed touch the price of $85K. But I don't think that will happen next week. Because according to my predictions, next week bitcoin will return to stable prices in the $91K-$95K range.

Yes, we didn't go as low as $85k, but it was very close to it and I wouldn't be surprised if we really touch that price and from what I have seen, we could be in a short term bearish trend. So we are not still out of it, prices is going around $86k to $88k. Unless there is a big investors who pour a lot of money to push the market to the $90k'ish again.

But there is still this positive news that we need to hear, maybe before we can see that price again. So let's see how it goes for now, again, we could be in the bearish sentiments and with that, the bulls has to dig deeper again to get back the market from them.