Despite the ongoing correction, many predictions about the price of Bitcoin remain positive.
For now, it does not seem that the correction has compromised the medium-term trend, which leads up to the halving in mid-April.
The correction in progress and the price predictions for Bitcoin in 2025
Yesterday, the price of Bitcoin had reached its new all-time high at over $73,800.
As has happened several times in the recent past, after reaching a new all-time high, the price has dropped.
For example, on March 5th after reaching $69,300, breaking the previous record of November 2021, the price of Bitcoin dropped below $60,000 in just a few hours. However, it later rose back above $63,000, and the next day it had already returned above $67,000.
The correction currently underway is similar, but in some ways different.
Indeed, the descent took place in three moments, several hours apart from each other.
First it dropped to $68,500, then to $66,700 and finally today it also
We współpracy z: https://en.cryptonomist.ch/2024/03/15/analysis-of-bitcoin-price-positive-forecasts-despite-the-correction/
