Will bitcoin pump more?

tylerwinklevoss
2022-10-21 09:53:17

We saw that two days ago Bitcoin reached its new ATH $67k. After reaching $65k earlier, Bitcoin dropped to $29k. So will Bitcoin go down again? Let's discuss the future value of bitcoin.

elandicaprio
2022-10-21 10:06:01

Nothing can be ruled out on the crypto market, obviously bitcoin/altcoins fluctuate all the time, and I think that it is a normal situation.
Early this year, from January to April market saw a good bulish price trends until the month of May where bear came in and last for about 5 months. We may see a good rally again from November to early January 2022, then bear run may happen.
However, the crypto market has actually changed, unlike the previous years( from 2017 to 2020), bull run barely lasted for few weeks, but this year, 2021 has witness two All Time High records that was not seen before.