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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: sirty143 on March 02, 2024, 05:17:20 AM

Title: Speculation and Price Models Fuel Bitcoin Bull Market Predictions Amidst Rising
Post by: sirty143 on March 02, 2024, 05:17:20 AM

Speculation and Price Models Fuel Bitcoin Bull Market Predictions Amidst Rising Optimism

This week, bitcoin’s value ascended to the vicinity of $64,000, leading to a widespread belief among observers that the bullish trend has officially commenced. Speculation centers on the exact moment this upward trajectory began... See more for yourself here (https://news.bitcoin.com/speculation-and-price-models-fuel-bitcoin-bull-market-predictions-amidst-rising-optimism/).

Your opinion is greatly appreciated.

Title: Re: Speculation and Price Models Fuel Bitcoin Bull Market Predictions Amidst Rising
Post by: Tribalchief on March 02, 2024, 06:55:58 PM

What do we call a period like this? A bull market, of course. No one foresaw the $64K price, considering our expectations weren't met in the two to three weeks following the approval of the bitcoin spot ETF. The current market is filled with anticipation, rumors, and FOMO as we approach the halving. Bitcoin's price is currently $61.9K as of this reply, and I believe there are still more price discoveries to be made before the halving.