Quote from: Ojima-ojo on Today at 10:13:04 PM

Quote from: Oshosondy on April 17, 2025, 08:33:15 AM

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.

Although we have seen the price going as high as $95k. But yeah, you could consider this as a correction if you want to call it that way as the price is still way below 6 digits. But still good to see that the price have bounce back.

Quote from: Ojima-ojo on Today at 10:13:04 PM

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.

For now, if those who are saying that we will reach that price base on their technical analysis, then it could have been invalidated already and so they will need to go back to the drawing board as see and predict where the price will be. But again, in this week's movement, we are in the bullish trend already.