With the current price performance of bitcoin in the market, I'm optimistic to say that $69k will be easily reached or even surpassed before the year ends. But it never means that bitcoin price will go straightforward and create a new all time high. That is not how bitcoin works. Expect that we will come to experience some price decline first in preparation for its new all time high. Although this is still not a sure guarantee that we are actually heading there because of market volatility, but rest assured that we will come up with a new all time high, if not this year, then probably after the bitcoin halving.
Even though we have reviewed the performance for the last 2 months but to determine the prediction of $69k it seems difficult to achieve for another 1 month at the end of next year, I only hope that the market price can close $40k+ by the end of this year then the price prediction for Q1 next year will be closer to reached the previous ATH. The market is currently experiencing a correction of almost 4% after a drastic increase last week and the market volatility does not support a significant increase this month, it seems that the $30-35k price will persist throughout this month and we hope that positive news support will increase the market price soon reaching the $40k price.or it can very well be fast. but it depends on the market sentiments and updates. in this market, we can never be sure when a certain price will hit in the market. we can speculate and that's all there is. such level is still very far from what we have now. so i would say, be conservative with your estimates if you are relying on your predictions how you invest on this market.
