We could say that the best we could hope for during this year, since we only have three months left, would be having some sort of 40k limit to the year. That is still not all that bad and should be considered a lot better. I believe that we are going to end up with something that should be very careful and not really a big deal, it could result with a bigger increases later on if we keep it going, and we need to end up with a result that should point out how we could do much better eventually.
This is why it's quite literally our way of getting out of this low period and go into a better level. I get that it may not be that easy to handle, but we could definitely see it do a lot better if we are careful about it, so we should try to hold as long as possible.
With less then 3 months to go, there is little hope that we can see Bitcoin crossing 50k or above. If we see price of Bitcoin in past 11 months then it has maximum value of 32k and lowest if around 16k. We haven't seen any huge change in price this and its because majority are waiting for next year halving. December is mostly bearish that's why all hopes are on next year halving. It will be interesting to see how this halving behave in terms of period after which we see price change.
Really that hard to achieve on on which we've seen the prices do make out some significant move recently when it comes to price increase but still ending up on having those declines or corrections (which is normal)
Therefore, it would really be just that not shocking that going on breaking 30k is really a tough thing to be that able to reach or to be achieved. This is why its not really that ideal on making yourself that too optimistic towards the price for this year because its never been that so easy when we do speak about breaking those tough resistances on which the price had really that failed on breaking it ever since.
Somewhat we do know that everything could really happen on this market on which it would really be just that so normal that these current movements might really be not that huge but if there would be some sudden
sentiments or events that might happen in the market which could push things through then it might really be that possible but for now there's nothing any around for us to consider as some form of catalyst then it is really that hard to believe on that we would be shooting up that far.
This is why it would really be that ideal that you should really that not making yourself that hopeful because if you do have this kind of expectation then price movements
would really be just that making you disappointed and this isnt something good i should say.It would really be just making you that impulsive.
Before 40k, Bitcoin price must exceed 32k. It's almost the end of the year, but I think the end of the year does not affect the price of Bitcoin. So we must first overcome this year's highest price. If we can exceed that price, we can set a new target price.
I think the price looks set to continue at this level for a long time. In my previous thoughts, I had hope for the end of the year, but now I think the price will continue horizontally. Maybe the price will drop, but I have no expectation that it will rise.
Bitcoin has surprised its investors before. Therefore, no matter what I say, the price may mislead us and may rise. What we need to focus on for now is being able to buy Bitcoin at these prices.