Post
Topic
Board Speculation
Re: Is anyone expecting a drop to $60k before the next ATH?
by
Zadicar
on 14/04/2025, 20:31:25 UTC
I think it's likely we'll go over the $100k price again this cycle and that we'll set a new ATH.

It's just that, from a support and resistance standpoint, $70k looks like it could give us some strength to push higher if we pull back to it and even crash through to neutral ~$60k before going higher. I'm still invested because I think this'd be a flash crash scenario and I usually miss those.
When it comes to expectation then i do always assume or expect that market could neither crash/drop or would be shooting up its price to the moon, vice versa scenario. Come to think that this was an unpredictable market in the first place on which means that price could neither go along or opposite on what you had predicted and since we've been hovering ourselves on below 100k and 60k price isnt that just that too far off then there's always the possibility that we might be seeing these numbers.

Whenever you do deal up with this market, then the primary thing that comes up into your mind is to anticipate about the probabilities because there's no way that we can be able to predict on where prices would be going. The main mentality of most people is that before we do make out some shooting up to the moon price is that we do have that still that one last dip before it goes.Trying to get in line with the last cycle on which we did made out some decline before it shoots up but lets see on what are the factors that could possibly make it through those high price and same goes on whats the thing that makes it drop that go more lower.

ATH is inevitable but its much better that you dont set your bars high so that you wont be ending up on having that disappointment on which price wouldnt be going as you predicted.
There's chances and probabilities that it might be opposite.