๐ BTC TO 70K , A NEW ATH COMING ? ๐๐
bitcoin has done a major rally and peaked at 64k in the rally very close to its all time high of 68,991$ and also surpassed the dec 2021 High of 61k. so what could be the next move ?
There is a huge rally already and most of the investors would be of my opinion that further upward movement is difficult. but there is some points to consider:-
1. btc is currently in 61-63k area so it isnโt dumping from here. if this stabilisation continues we might see more upward movement from here without dump.
2. The number of retail investors isnโt that high and the rally is majorly contributed by institutional investors so if retail investors join now we might see positive momentum.
3. all this is also a result of upcoming Halving and etf approval.
So long things short we might see btc going to 70k in my opinion before seeing a dump. but yes a dump from here is also like 30% probability.
Comment down your opinions too :)