New YTD High for Bitcoin, what’s next?
(Edited)
Is the bottom in?
Yesterday it was still ongoing but today we can confirm: Bitcoin has made a new 2023 high and is now trading between 24-25k. This is the highest price level since summer 2022. The probability that the bottom for Bitcoin is in has tremendously increased, I would say it is at least 70-80%. People are still in doubt if the situation is sustainable but step by step investors seem to come back into the market.
Consolidation likely
After the impressive current pump of ~60% from the low in November it is likely that we will consolidate back towards 20-22k before we return to climbing further.
What do you think?
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100k? 😁
Wäre schön, aber ich denke noch nicht dieses Jahr. 30-40k sind aber drin mMn. ✌🏻
I can see bitcoin going up again. More investors are seeing the market booming again.
Yes, think so. It will take some more time to get back to ATH but in my opinion the bottom is most probably in and the bull starts moving again. 📈
Sure, let's see how everything goes.