I’ve already seen people imagining a raging bull market and making plans, already expecting when to sell what percentage on the way for some mainstream altcoin as it reaches its all-time high.
The market may continue to push a bit further and top out somewhere. For example, Bitcoin might try to break above the May high of 82,800 to 83,500–84,600 again, and it might succeed, though for now that’s only a possibility. But if you say Bitcoin will, like that altcoin, then set off on a road to 126,000 from here, I absolutely do not believe that.
Anything is possible. Before reaching the all-time high, it might even break below this year’s prior low of 57,800 first.
The market may continue to push a bit further and top out somewhere. For example, Bitcoin might try to break above the May high of 82,800 to 83,500–84,600 again, and it might succeed, though for now that’s only a possibility. But if you say Bitcoin will, like that altcoin, then set off on a road to 126,000 from here, I absolutely do not believe that.
Anything is possible. Before reaching the all-time high, it might even break below this year’s prior low of 57,800 first.