Original archived Re: Is anyone expecting a drop to $60k before the next ATH?
Scraped on 23/04/2025, 21:27:25 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.
It is what it is bro and regardless of whatever becomes the reality with bitcoin price in the future it will be subject to the fact that volatility have taken a fare share on the value and whatever is left behind is what becomes the price of Bitcoin.
For sure we can see above $100k price within the coming days, but also we should know that there is also a possibility of a dip price that could bring us down to $60k+ or even below that price, let work with that mindset of high volatility so as to take a position that won't put us under any form if pressure.