Possibility of Bitcoin(BTC) Price Surging Above $30K.

Heena Kousar

New member
In spite of all the breaking records, Bitcoin rapidly lost its hold on the record price and began to decline before the end of the previous year. Gradually, the coin reached its lowest as a result of various circumstances, including China's restriction on BTC mining and the Terra meltdown. As mentioned in Coinpedia's article, the current trading of bitcoin is $20,870 has resisted the $20K target for quite some time. If the largest cryptocurrency by market cap intends to end the year over $30K, then it may approach the $25K target in November.

However, it would be challenging for the coin to exceed $30K in just one month, the price of the token might increase with the back of investors ready to begin the new year with investments in the King of cryptocurrency, Bitcoin. Looking at the other side of the coin, if the investors control their bullish sentiment, bitcoin may surpass the $30K target and reach across $32K before the year end. If not, then it is obvious to predict that the coin won't fall below the $20K. What are your thoughts on this, any new insights, or predictions on your side?
 

smth445

New member
Does it make sense to buy bitcoin now? As for me, it's better to switch to privacy coins like CRP (Utopia P2P u. is). The best choice at the moment.
 
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