a man named poseidon said he thinks bitcoin, which is a type of money people can buy and sell using computers, will keep going up in price. he thinks it won't go down a lot until it reaches $85,000. another man, who goes by the name rekt capital, said he thinks bitcoin will start going up in price again by the end of september. these are just people's opinions, but they might help other people decide if they should buy or sell bitcoin. Read from source...
Although the article aims to present an informative and analytical perspective on the recent developments and future of Bitcoin, Ethereum, and Dogecoin, there are several points that can be debated or considered a matter of personal opinion. For instance, the assertion by the trader Poseidon that there would be no significant resistance for Bitcoin until it reaches $85,000 seems to be an arbitrary figure based on technical chart analysis and one's optimistic outlook on the future of the digital asset. Similarly, the reliance on historical post-halving price trajectories to project the future behavior of Bitcoin is a classic example of confirmation bias or 'data mining' and can be misleading. It would be prudent for investors to consider multiple sources of information and develop a well-diversified portfolio to minimize risk. Finally, the article is silent on the growing regulatory and legal concerns around cryptocurrencies, which could have a significant impact on their value and usability in the long run. It's important not to lose sight of these crucial factors while participating in the crypto market.