Bad News First: Bitcoin Might Dip
A crypto expert is worried about Bitcoin. They’re seeing a pattern that suggests Bitcoin might go down a bit before it goes up. This pattern is called a “death cross” and it basically means the 50-day average price is below the 200-day average price.
This has happened before, and last time it happened, Bitcoin went sideways for a while before it started going up again. So, the expert thinks Bitcoin might go sideways for a few weeks before it gets back on track.
Good News Next: Bitcoin Could Go Way Up
Another crypto expert is super optimistic about Bitcoin. They think Bitcoin is going to go way up! They’re comparing Bitcoin’s current situation to last year, when everyone thought Bitcoin would crash to $10,000, but it actually went up.
This expert thinks Bitcoin is going to do the same thing again. They predict Bitcoin will go to $95,000 by the end of this year, and then even higher to $145,000!
What’s Happening Now?
Right now, Bitcoin is trading below $59,000. It’s been going down a bit over the past week.
So, who’s right? Will Bitcoin dip or will it go up? Only time will tell!
