Post
Topic
Board Speculation
Re: It is crazy to see....
by
Ojima-ojo
on 23/04/2025, 22:13:04 UTC
I do not know if the correction is over but I know bitcoin price may not fall below $75000 which I see as a very strong resistance. There is a strong resistance around $83000 now and there will be another around $80000 but a more stronger resistance around $75000 if there would be any fall. Bitcoin is a good asset for having this kind of strong support. I know that the second half of this year will be for the bulls. Bears at the time would have been turned to be bulls also.
We are still dipping into the correction phase and there is no need for us to rush ourselves out of this face of the market yet since a lot of investors are still taking advantage of the current correction to fill up the bag that they offload in the last all-time high price.


Some speculators have predicted that Bitcoin will touch so.e where around $65k despite that we argue that the price of Bitcoin will not fall below $70k at most, but since everyone is free to speculate the price potential of Bitcoin, is less important to give much thoughts to such speculation and focus on investing amount we can afford for now.