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Author Topic: January bitcoin price out look  (Read 1163 times)
19Nov16
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February 01, 2023, 09:40:33 AM
 #101

January is a good start to be optimistic that the market will recover soon, now the price is around $ 23k, unfortunately at the beginning of the month I sold bitcoin for around $ 16700, and I believe in February now the price can touch at least $ 25k, maybe there will be a price correction but I'm sure it won't drop below $20k again.


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cogwise
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Wong Gendheng
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February 02, 2023, 01:32:47 PM
 #102

I did think over 25k was possible as a function of erratic movement or general BTC volatility which is rarely in short supply.   However in the previous days its been clear we've tailed off in this bull move and this was balanced when accounting for higher traffic in this area.  25k is a resistance area for possibly 3 or more reasons, such as the focus of long term averages but also Fibonacci levels for the wider scheme of any recovery to BTC.


I'm sure the maximum next week the price will reach $ 25k, and if the price of $ 25k is reached, there will be panic, so it will continue to buy prices, and if we pay attention, the increase since this year makes us more believe that in 2023 it could be like 2021 or maybe Better, now we think how to keep filling our wallet so that we don't regret it if the price skyrocketed.
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