The new ATH which is supposed 100k or over won't come overnight and most people that is what don't realize,they think that boom the new ATH will be here,so they don't profit from the many occasions that maybe presented to them,sure there will be very few people who will take full profit from such fact and those are the "workers",people who keep accumulating or mining,or trading or whatever but just keep increasing their stash of coins and when that moment comes they will start selling there.
Most people are in for the quick buck and all of them will fail as they have always done,this is what distinguishes winners from losers.
First, do you think that 100K will be the ultimate all time high even with this ETF approvals and all the interest rate data ? I don't think it will be easy to pre-determinate the top for the bull market and also the timing of the bull season is also become very complicated. It can last longer than expected the bull market.
Now coming specifically to the FUN token, do we expect to see the All-time high for the FUN token when the bitcoin is at the all time high ?
It will not be easy to see the FUN token at $0.33$, which was the all time high for this token in the year 2017. We even did not find the all time high for the FUN token in the previous bull market, so i do not expect the same in this bull season.
a few weeks ago I read in many places things like the price of bitcoin will reach more than $80,000 when the bitcoin ETF was approved, the fact is that the bitcoin ETF has already been approved and the price is at $42,000, the maximum that the price arrived on the day the approval was announced, the price was $48,000 and as soon as it reached $48,000 it immediately dropped to $46,000 and then continued to fall, which was a sign that at higher price levels there would be more sales, that is, people would not they are very motivated not to sell, as soon as they see that the price is already at $47,000 they run to sell, just as every time people see that the price has dropped to $40,700 to $41,700, they run to buy
which means that people are also looking at $40700 as being a very low price. I remember that in the past, $40,000 to $47,000 was a zone where the price fluctuated a lot, as there is no great residence and support in the range of $40,000 to $47,000, it is easy for the price to rise to $47,000 and then fall to $40,000. The problem with this is that a drop below 40,000 takes the price to levels of $37,000, which could also lead to drops further down, they are already predicting this drop to $32,000 zones in the coming months, but that will then increase a lot because of the halving. In any case, I highly doubt that people are getting very good bets on bitcoin prices on FreeBitco.in