And we made the 20k prediction and even break the benchmark up to 21k this month of January and if all things are equal, the coming months of the year will bring in more market recovery and new prices benchmark for Bitcoin.
The year 2023 just began, and bitcoin and some other altcoins are already showing some positive market attitude that give investors high hope for a better future throughout the remaining part of this year 2023.
exactly , actually now we hit and break 22k and still there are signs of climbing more , hopefully that we will finally get to 25k if cannot make it to 30k before falling low again.
2023 shows good stats for bitcoin , things that 2022 denies and most are in losing situation , early recovery also makes me think that this is another bull trap?
The sale pressure this year was not as high as last year, I don't know why or maybe the impact of the ftx crisis has led to bitcoin selling off before December or maybe bitcoin already built up a strong resistance which made the price of Bitcoin to remain around 16k plus all through the Christmas period.
last year started as also dumping , you cannot compare to that because last year the market had just finished Bull market but this year? it is far different .
The market reality of both years is different no doubt about that, before 2022 bitcoin market was in a bull phase with a lot of good news which lasted till the early weeks of 2022 but in 2023 the reality is different and because of the impact of the previous year downside bitcoin market reality this year piece has suffered a lot of slow recoveries which is a normal reaction considering the many attacks that have faced the market generally.
I am sometimes very worried about the state of cryptomarket. The state of cryptomarket has been going through a lot of dumping for more than 1 year now. I think that the state of cryptomarket may be a little better in mid 2023. And if it continues, a lot. It will cause a lot of trouble for traders. I don't see any option but to wait for us now.
it is your fault not having full understanding of the market mate, because if you enter this just to have quick profit? then you are in the wrong place .
