Post
Topic
Board Speculation
Re: Is anyone expecting a drop to $60k before the next ATH?
by
bitzizzix
on 14/04/2025, 08:57:02 UTC
I have made myself clear before that bitcoin may not fall below $75000. Bitcoin may not fall below $75000 in this bull season. That a fall below that may make people buy and the price will increase.

I still think that is happening, but if bitcoin continue to drop to that price, it will become the support but I know bitcoin will not fall below $70000. I mean a price not below $69000.

Do not believe what you are seeing on the news. When bitcoin was falling that time, there were several bad speculations but that is how people are.
Maybe OP saw or read Robert Kiyosaki's tweet prediction on Twitter circulating on the internet that after reaching 100K Bitcoin will drop to 60K and then will go back up to reach a new ATH, and his prediction does make a little sense, but in reality the price of Bitcoin did not reach 60K.

And maybe 70K is the best moment to collect more Bitcoin because usually when the price touches 80K+ in a week the price drops back to 70K+ but currently the price of Bitcoin is holding at 84K-83K, and if the price looks stable in the next few days there is a possibility that the price of Bitcoin if it drops again there is a possibility that it could reach below 70K and if the movement slowly rises there is a possibility that it will return to 90K. And what is certain is that the movement of Bitcoin is not easy to predict and everyone can only speculate because anything can happen unexpectedly that is not known in advance.