Lately alot have being on going and Bitcoin have kept it solid stance in terms of price recovery and consistent positive signs, despite the many fomos of wars and other external news that created forces to impact global assets Price which Bitcoin is one of source, better still Bitcoin is able to keep the momentum by creating some form of positive price increase that suggests a rather bullish momentum, what can we say of the current Bitcoin price and which direction are we heading to?
With all this indications and positive sign that bitcoin have shown despite been attacked by external forces and FOMO and can still maintain its position on the positive bullish momentum, then my aspiration for bitcoin will only be that it reaches $120K in this cycle. This could be just a not too exaggerated prediction, but possible move of it towards attaining bigger prices is possible and can also be predicted only when bitcoin reaches some key levels just like the $120K.
Bitcoin was able to stay irresistible to all odds which should have affected its price and movement in the market very negatively. But only after we saw some negative more, the market quickly regain back its momentum and continues to trend in the uptrend trajectory which everyone is expected of it to continue until the bull cycle is over. Possibly and most likely by end of the year as predicted by many experts. This shows we still have some more time until the bull cycle is over.