Few days back i noticed Bitcoin price was at $123k so close on reaching $150k so we just need to exercise sone patience and study the markets to know what's before us. If you ask me I'll say the force behind the bullish trends is certainly the change in price and hence before the year comes to an end we would definitely see more of this and probably Bitcoin might go higher than this.
The market moves at its own pace and of course, it tests the patience of traders. As Bitcoin rose last week and created a new ATH at $123k, and after reaching this top price, many old investors took profits by selling large amounts of Bitcoin, so the market relaxed a bit and is preparing for the next uptrend. We are actually in a situation now where we may see another new trend in Bitcoin in the next few days, and it could be in any direction.
That's right, trends can move in any direction, and Bitcoin could experience a sharp correction after hitting a new all time high. However, current market sentiment remains bullish, and many predict the price hasn't peaked yet. I'm optimistic that Bitcoin will eventually reach $150K, although that won't happen this year. Bitcoin is currently trading at $118K, indicating a slight correction. Perhaps next week we'll see Bitcoin head towards $130K