We 80K!!!!!
How beautiful
First time Bitcoin is touching the 80K mark
It's quite beautiful to see Bitcoin touch the $80k benchmark today as a new ATH. So many people are having a positive energy about the Bitcoin future, thinking of Bitcoin reaching $100k before the end of the year. However, all these price increases of Bitcoin we see of recent are Trump's effects. I wonder what the price of Bitcoin will be by next year when the main bull run will set in.
Yes, the price of Bitcoin has really skyrocketed very quickly. A few days ago it was still at $69 and now even its ATH is at $81,054 based on data on Coin Market Cap. This is really fast. Will there be a correction first or will it continue like this until next year?
Maybe we are often a little panic to face this because after all the price of Bitcoin has become so fast and makes some people panic to sell it. It's just that asset management is very important. There are times when we take profits at a certain rate, only a part, and make it a reserve if at any time the price of Bitcoin is correcting. I still have a little hope that the price of Bitcoin will correct again to $71k, so I can buy back again.
The more we thought Bitcoin would get corrected in price, the more it surprised us by skyrocketing instead. Bitcoin is a few dollars close to $100k. We never thought it to happen this way.
Yeah, but if you have to think about it, market is very volatile and we don't know where it's heading. I also thought that there will be correction, but FOMO is real and so we will be seeing $100,000 soon.
The ATH I was thinking about seeing Bitcoin reach this year was $85k, but this time around, I am not sure whether if the market correction happens, bitcoin will fall below $85k.
But now that prediction of yours is invalidated, as again, the target is 6 digits. And then we still have the catalyst next year when Trump officially sits in the Palace, so it will be around $120,000 or higher in January and we don't know what will be the new all time high in 2025.
However, there are a lot of FOMO currently in the market. Many investors don't know where the market is heading. Whether the anticipated bull run has kicked off or about to, after correction happens
No one really knows, we can just all make our wild and educated guess. If our predictions become true then good. If not, then expect a correction.