Bitcoin has been moving strong this year, and some people think it might hit $150K by year ending, irrespective of the recent fluctuation. Do you believe it can really get there, or it's just hype?
If technical analysis such as data or charts can be observed well, then the possibility of Bitcoin's price increasing is very high that can be exceed 150k. How much they really work will depend on where the market will reach. An analyst
Peter Brandt has claimed that if Bitcoin price cannot cross the parabolic trend line, then Bitcoin's bullish movement may end. I do not think that such a thing can happen. Investors are now much more aware than before, they do not panic at a small price drop, they know that Bitcoin price will recover.