Bitcoin's price has never dropped below the bottom of the black band, even at its lowest depths. Today, the bottom of that band is about $28,000. By the end of the month, it should be about $30,000.
If you're betting on a $30,000 bitcoin, you're betting on something that has never happened. Or, to think about it differently, if you're betting on a $30,000 Bitcoin, what could make that price realistic now, when it hasn't been realistic for 15 years?
#bitcoin-price-analysis #historical-data-trends #market-predictions #cryptocurrency-newsletter #crypto-market-insights
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