I think that speculations is fun and that is what it's supposed to be because it's the most that we can do considering that we cannot control where price will be headed in the next 24 hours. So what does it really matter what my predictions for this month is because it might not happen even if it does happen it would be more of my lucky guess. What I can say about this April speculation is that we shouldn't get our hopes too high for price to reach $80k as we are supposed still in bear run. As for how low price can plunge in this April, I don't have a specific number but I hope it doesn't dip bellow $60k.
But why? Why are you not hoping and why are you even afraid of Bitcoin dropping below $60k?
If I remember correctly, during the bull market, many people complained about missing out on the opportunity to buy bitcoin at a low price. Or, as many of us often say, a price drop is a good thing and an opportunity to accumulate bitcoin at a cheap price. But what is puzzling is that now that a bear market has arrived and Bitcoin is dropping, many people are starting to get scared.
There are a lot of people who bought during that bull run, and they were sad that they bought at 100k or whatever and not lower, and they saw it reach 120k, but they did not sell, they assumed it would go up a lot more, and make double the profit. Those same people, who complained that they did not buy at 20k, and they bought at 100k, and they were too late to the part, are still holding, well some of them.
Now they do not want to see it go down, they want to see it recover, go back above 100k, so they can profit again and not wait for years in order to profit. That's a mistake and we should not be able to actually make that work, it's just not the reality we are living in. This is why we know it will go down, but they desire for it not to.