We are just a few weeks from the half way point of this year and what an awful year it has been so far.
Many say Bitcoin is doing well, and it is to some degree but the price is currently less than it was 5 months ago , so it’s maintained its level, nothing special.
If I were you, I wouldn't use "awful" for Bitcoin because it's a journey that attracts testimony and celebration so far. After all, it didn't decrease, but it increased, regardless of how little, and more is certainly coming. This year, Bitcoin opened below $100k, and presently, despite the rollercoaster ride, it's still very well above $105k.
Many are saying the top is in for Bitcoin but that can’t be it surely? I’ve seen predictions ranging from $160-200k this year, are we still thinking that? Or is 2025 really the start of a long bear market ..
I don't have any hope for an extreme bearish season for Bitcoin anymore, so if it falls, it wouldn't be significant. As for the $160-200k expectations, I think it's time we live in reality, anything can happen, but ambiguity will certainly not help, it will only bring desperation to our minds.