Discussion on Bitcoin's market this year

[Joanna1]

Cryptocurrencies have been trading for 5 years though.
But this year is more than particularly hard market does not look good.
I think it will stay at 58k-65k this month.
I believe October will face a big drop.
Personal thoughts, does not represent investment opinion.

 

[Tweetence]

How are you all adjusting your strategies with the current market conditions?

 

[Keeperva]

I’ve been keeping an eye on it too, and it’s been tough to predict. The crypto market has been a wild ride for sure. With Bitcoin hovering around 58k-65k, it’s been pretty stable, but I’m with you on thinking October might bring some turbulence. It’s always tough to predict, but the market’s volatility can be really unpredictable.

 

[Joanna1]

Tomorrow is the turning point of the month, depending on what comes out of the Fed.

 

[Joanna1]

How are you all adjusting your strategies with the current market conditions?

Fed cuts rates by 50 bps, bitcoin will get to about 65K this week.

 

[bigmistake]

BTC can hit at least 120k this year. You are still able to gain at least 10% profit at this price approximately 105k.