How quickly things can change…

avatar
(Edited)

Just two weeks

How fast times can change! Just two weeks ago we suddenly saw a very fearful sentiment eith investors worrying about the Fed being too late with their rate cuts, the labor market being weaker than expected etc. Prices dropped significantly and the market was all read. Bitcoin fell below 50k.

Since then we are up +20% and the market has recovered quickly. Bitcoin is trading at 64k again. Yesterday we saw the final point to get back into bull mode, Powell literally announcing rate cuts starting in September.

How fast will we see 70k Bitcoin again? What do you think?



0
0
0.000
12 comments
avatar

Does this mean btc will soar even higher?

0
0
0.000
avatar
(Edited)

It does most probably. My price target for this bullrun (12-18 months) is 150-200k $
Some Bitcoiners think it might go even higz. We will see. 🤷🏼‍♂️🤞🏻

0
0
0.000
avatar

I hope so. Cant wait to see things to go up

0
0
0.000
avatar

Bitcoin ist immer noch ein spekulatives Asset, aber ich gehe davon aus, dass die Schwankungen im Lauf der Zeit kleiner werden.

0
0
0.000
avatar

Das sieht man ja die letzten Jahre bereits. Drawdowns im Bärenmarkt werden kleiner und auch die Multiples im Bullrun. 👍🏻

0
0
0.000