Community post
Crypto to the moon again?
I believe now it is safe to say, that the recent crash was just a correction, which resulted from the huge gains we had in the weeks before that.
It seems like the confidence is back and we are moving upwards with a good momentum.
This raises two questions for me:
When are we going to see the next correction? (small or large)
And
Where are we heading?
Are we going back to a BTC price of 830
Looking at the chart I think we will have some resistence again around 13.000.
Even though this is just the Bitcoin chart, it became obvious in the past, that the Bitcoin price is a good indicator for the entire market.
Eventuelly I'm convinced we will see a BTC price of $20.000 again this year, but I don't think we will see a crayz rally again like we did last December.
It feels like the market is actually maturing, shitcoins are disappearing and crypro gets more and more attention.
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I would not be surprised if we see another massive bull run during this year, even hitting 50K seems possible imho, since more and more mainstream investors and institutions are jumping on the bandwagon.
I am cautiously optimistic at this point... I think that January traumatized me a bit. I think a couple more weeks of stability and we might see a bull run again!
Certainly hope it will shoot to the stars! @luca21 :)