The price of Bitcoin has started to fall, and I don't see too many reasons to make it rise quickly. The $25000 is not a small amount. What is the reason for Bitcoin to rise to such a price?
Bitcoin is unpredictable, thus we do not know when it rises and when it falls. But we should expect the unexpected. Bitcoin has always been surprising us. In my humble opinion, the price will start to go up starting from October. We have seen a small pump lately, but the real pump will be a matter of time. That is why people should be patient and calm. Freaking out will get them nowhere but to lose their patience and money. Let us just hope that bitcoin will give us a good fortune in the future.
It is hard to predict the future of Bitcoin as it is unstable which is making it a little bit tough to predict about its actual value. Almost all the predictions we predicted in the past are uncertain if you match them with the actual values. It would be very good to achieve this price in the upcoming months as well as experts predicted that it can go higher than 30k US dollar by the end of this year so this would be great enough to see these situations.
Most of predictions that ended up correctly were just luck or coincidence. No one knows what the future holds, and this is the reason why people should tend to listen less to some of these prediction bullshit and just stick to investing in the long term and focusing on that. Nothing is certain even in the next few seconds, as the market can decide to go in a direction it pleases, so it is the way we utilize those opportunities that comes that matters at the end of it all.
Moreover, we all want huge profit and massive fortune in the long run, but at the same time, this does not change the fact that, it is exactly what the market wants to do at its own time, that it will do and we can only blend with the trend as we keep moving on. But, this is a market, no one certainly knows the level at which the future is really going to end up holding up as the case may be or to which extent we are going to go up or fall back down from.