$btc will reach 70k, is it possible?
Looking at the overall market if investing in the short term for the next 3 to 6 months.
Assuming many new traders are entering the market, and many old traders are restructuring investments for Altcoins at lower prices. This means that the prices at higher levels held by previous traders have become liquidity.
Currently, btc and Altcoins are also at low price levels. New traders as well as old ones trading at this price level will experience ups and downs and make profits within a day, week, month and will be excited.
However, there is a saying that it takes 3 years to chop wood but only 1 hour to burn it.
This means that both new and old traders will become the next liquidity at low price levels.
The next scenario is that btc could drop below 75k, and altcoin could plummet freely for a few months.
After that, it will soar high depending on adjustments to stimulate traders.
Projected prices.
Looking at the overall market if investing in the short term for the next 3 to 6 months.
Assuming many new traders are entering the market, and many old traders are restructuring investments for Altcoins at lower prices. This means that the prices at higher levels held by previous traders have become liquidity.
Currently, btc and Altcoins are also at low price levels. New traders as well as old ones trading at this price level will experience ups and downs and make profits within a day, week, month and will be excited.
However, there is a saying that it takes 3 years to chop wood but only 1 hour to burn it.
This means that both new and old traders will become the next liquidity at low price levels.
The next scenario is that btc could drop below 75k, and altcoin could plummet freely for a few months.
After that, it will soar high depending on adjustments to stimulate traders.
Projected prices.