I want to share my opinion and how I see developments in the coming months in the cryptocurrency market:
Now, most news telling that Bitcoin for the first time in 1.5 years has overcome the price of 10 thousand dollars and this suggests that now many people will go to buy Bitcoin and FOMO will come to the market. This will definitely push the price up. Based on technical analysis, I think that in June or early July we will see a bitcoin price of 11825 dollars for bitcoin. but we all know that after each growth correction must come, and now it, too, will have to happen in order to take money from weakly believing people. It will come from the level of 11825 that as I see the correction and I think that during the correction there is a chance to return to the level of 7500-7900 for Bitcoin. Will we go below the 7500 as Tone Vays said? - I think no.
After the correction, there will be an accumulation of positions for several months, and then a lot of positive news, the arrival of large investors and to the moon.
Make your investment strategy by yourself and watch the market every day.......
What do you think about this? Am I right?
Therefore, I think that the value of BTC can be adjusted to the lowest level of $ 9k3.
And then, the alts will be booming and the market will be green in the end of Q3 and early Q4.
I hope so. Many people have the same hope in this year because they already waiting for a long time and now they become optimist to see bitcoin price has increased to more than $10k. We believe bitcoin price can increase more than $20k in this year or in the next year so people still waiting for the next bull run. Besides that, the altcoin market will rise too and at that time, we will going to make a big profit again.