Do you know how far this Bitcoin boom will end?
Good question, December 17, 2017, was the last all-time high that in 19494 was the highest at that time. This is part of the story of bitcoin HODLERS or expert investors such as traders.
At the time I myself am writing now I have not yet dived into crypto, even though I have already bought bitcoin, I did not make bitcoin storage or other cryptocurrencies like Litecoin and Ethereum a priority. Bitcoin has dropped sharply, reaching $ 3000 on March 31th, 2020.
December 16th, 2020, was the much-anticipated time when Bitcoin first reached 20,000. Since then, this mother of cryptocurrencies has been ATH, and it continues to be unknown how far it will stop. There are many commentators that Bitcoin can even reach 100k. As a trader myself who is massaging now, I always have to do analysis to find out the truth about market trends.
At present, the price of 1 bitcoin is 23000 dollars for a Lambo. This is amazing because it used to be 29 dollars, which is the price of a pizza.
First of all, I think bitcoin will rise to 24800 which is the Resistance level so far and may drop slightly to 22200. If this uptrend continues it is as I said above but I can not define how far the limit is. Many may be right in saying that it will reach 100k.
If you have never bought a bitcoin, it is never too late. and also what is the problem if you start buying other Crypto like XTM now. In 10 years you will see and know how good it is to buy it.
That's all I can share with you today about bitcoin.
What can you say about Bitcoin?