- Thread Author
- #1
The bitcoin is facing a bearish market as at now. So what do you think about the bitcoin moving to the 73 k point where most people expect to sell it out?
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Do you think the bitcoin prices would surge to 73k anytime soon?
- Thread starter Stardom22
- Start date
It's very difficult to answer, especially since bitcoin began to follow the same trend of the stocks. Until 2019, cryptocurrencies followed their own path, but now international politics, events and the markets trend influence them as they influence stocks.
I know the price of bitcoin has been unstable lately. For it goin to $75k mark, it would certainly happen towards December or early next year.
If the price does reach 73k, many investors who bought in at lower prices will consider taking profits and selling their holdings.