We all know January always the though months for cryptocurrencies. Bitcoin has just started to rise. I don't know it is real or only an another trap for price fall.
What do you think? Are we ready for rise? And Is it really good time for rise?
There's no perfect time for Bitcoin to rise, infact, I feel its been long overdue. I anticipated some significant movements since last month and its only building up now. I'm positive that we would be experiencing a significant increase in the value of Bitcoin around the end of the first quarter of this year.
But what kind of growth are you expecting? The price has been growing since the beginning of this year and while it is not as high as it was in July of the last year the current price is good, the halving is not going to have an immediate effect on the price, that effect takes months to materialize and if you invest thinking you are going to see fast profits the whales may take advantage of that belief and could manipulate the market to their advantage and crash the price just to force weak hands to sell their coins.