Bitcoin looks like it's pulling back. We have 8 hours left on this daily candle and we're at half the volume as yesterday (which has seen less volume than the day prior, and before that as well, etc...).
Getting pushed down to $7,500 isn't all bad. That forms a higher low. The catch is that we need to hold at a level above the low. Positively, there's still a decent buffer from $7,500 down to the low.
Daily candles still align with the down trend resistance lines.
I think Btc will be around 10-20k for the next 3 months . may go up after that . some people are saying that it might go upto $65k at june july and may hit $100k even within this year . but in my opinion i dont think that it will hit something like $100k within only 6 months
Here's a graph of what it would look like hitting $65k by July 1....Yea, NOT going to happen, especially with BTC hype going down. I will put big money on that.
Just curious what your basis for your prediction is and how you came to that range? I don't think there's any way we will see $65k by July (definitely not $100k this year). Anyone who hasn't been living under a rock lately and who wants to put money into crypto has already done so. So, where are all the new buyers coming from to make this parabolic move??
i just saw a video of brandonfrye or someone else and he was discussing the hype of btc getting 65k so thats why.