What is the person talking about when they say, 'I think Bitcoin is going to $30,000'?

Question image

Understand the Problem

The question is asking about whether a person's statement regarding Bitcoin's value relates to its direction or path. It is likely meant to test understanding of these concepts in relation to market trends.

Answer

Direction

The person is talking about 'Direction.'

Answer for screen readers

The person is talking about 'Direction.'

More Information

When someone says 'Bitcoin is going to $30,000,' they are predicting the future direction of Bitcoin's price. They're forecasting an endpoint rather than describing the specific path or series of steps it will take.

Tips

A common mistake is confusing the end goal (direction) with the process (path).

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