This week Bitcoin has begun to show a good increase and I think many people are happy and happy with the current increase,
will the price be as soon as possible to recover at $ 20,000?
$20k or even $30k also possible but not at your expected pace. If you want a new ATH to happen within a month then it may come back to current levels at another month of time itself. Do you just want fluctuations of bitcoin markets or sustaining markets ? If we want big levels which will be relatively stable then we must give it enough time to rise up.
There are plenty of good news are happening around the bitcoin ecosystem which must be the core reason why we are having a week long green ticks in bitcoin markets. Hopefully it will last for another few months. We cannot expect continuous market rise up but mixed markets will be a good one for all the bitcoiners.
When prices reached an all time high of $20,000, the market was very unstable due to the hype caused by various social media and experts sharing their opinion. Bitcoin fees were expensive and people believed that the increase would still continue until it started to crumble and lose its value. Now, prices are at $4,000 which was the price around 2017 and a lot of lessons where learned from that event.
I still advise to purchase bitcoins and set a short-term goal until they have accumulated profits depending on your target margin.
This week Bitcoin has begun to show a good increase and I think many people are happy and happy with the current increase,
will the price be as soon as possible to recover at $ 20,000?
I really don't understand why you guys are so excited to see the price jump to $20,000. You just have to remember that it took us months or years to see the price hits all-time-high. So in this case, it will not be overnight, we have lost like 80%-90% already, so to get to at least $20,000 there could be waves of bull run to happen, it could take years though.
Any increase is appreciated but to think that the price will suddenly skyrocket back to $20,000 is completely absurd.
This week Bitcoin has begun to show a good increase and I think many people are happy and happy with the current increase,
will the price be as soon as possible to recover at $ 20,000?
Can you be patient please,nowadays people already started to forget that $20000 and start to working on their execution with current prices making them remembering will cause the dump in the prices again.
Yes for sure the price will recover either it will happen sooner or later.
That is the problem with most people who invested without knowing or studying the market. Listening and joining the bandwagon without doing research results to poor investing decisions which primarily reflects on how people react when there is a sudden increase on the market.
