1
Bitcoin Forum / Re: Don't buy bitcoin only because of FOMO
« Last post by dwyane36 on Today at 03:20:19 AM »People who expect the price drops deeper may feel unsatisfied because the price looks to increase gradually. Now, the price of Bitcoin already increased 3.5% and the current price is about $63k. I assume it will be above $65k again in the next few days. We will be in halving in April 20, we almost reaches the halving time. I personally never expect the price to drop below $60k again, it is very unlikely to be $50k - $52k. If there will be no more bad news, I think it will be easy to see Bitcoin $70k again.I also agree with you, I don't think the price of bitcoin will fall below $60K, because bitcoin seems to have improved again and it is possible that the price of $70K will be reached as soon as possible, maybe next week we will see it. Many expect the price of bitcoin to fall further, that's just those who have prepared USD to buy bitcoin at a lower price
It's good that the BTC price was pushed from $60k, but it's too early to be happy about it. We can talk about continuing the bullish trend only if the BTC price breaks through the resistance near the current ATH. Meanwhile, it seems to me, there is some uncertainty in the market. That's why BTC is trading in a relatively small range from $60k to $73k.