Quote from: Callido on April 18, 2025, 09:58:37 PM

Quote from: EarnOnVictor on April 18, 2025, 12:57:16 PM

Quote from: coinhelper on April 13, 2025, 11:52:44 PM

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.

I've told many people that Bitcoin would range within $90k and $75k for a while, and I predicted it in early March. Behold, Bitcoin has been doing just that, I don't expect anything important from the coin until either of the boundaries is broken. So let's not take anything seriously for now, but try as much as possible to enjoy the ranging moment, and perhaps make some money from it if we are smart.

These few days Bitcoin has stayed at $80K, this may be the time we start counting for bull run to happen, there is greater possibility of a coming bull run than crashing, the market seems to be finding ways to recover to $90k and above. Our predictions cannot always be smooth, nobody needs to build castle on any speculations, speculations are more way to be wrong than correct, this particular cycle has shown many wrong signals were speculators are kept in shock.

I am not disputing that and I am open to whatever the market does. But I will not join anyone to speak certainty of the market direction, I will rather see and act based on the prevailing market conditions. At this moment, I am neutral about the whole Bitcoin scenario, and I believe anyone stating otherwise is only guessing/gambling, just as they did when it almost hit $90k about 2/3 weeks ago, but sold to nearly $74k instead.

Look at this weekly chart and tell me Bitcoin has a trend: