Re: What's Happening? $31K

I plan to buy some but btc is getting out of my reach.

Heard of the same words when bitcoin crossed $10k, $15k, $20k, $25k, and now we've passed $31k because it's already $32k. And just saw it $33k quickly then go back to $32,877.

same old, same old. Grin

. for sure, if btc will hit 40k, we will hear the same.

there's no right or wrong entry in bitcoin. as a trader or holder, your goal is always to stick with the simple rule of trading - buy low, sell high. of course if you bought your btc at 31k, you will sell at a higher price. as no one knows what will happen to the btc market couple of months from now, or years from now, what you need to do is just keep up with the market. no one can tell you what exactly you need to do at a certain period of time, because it's all on you.

Yes. No one has all the means to tell what will happen in the future but with analysis and adoption that we're witnessing from the institutions, this clearly tells that you should get an entry as soon as possible or decide as soon as you've noticed that they're not joking into buying most of the bitcoins in the circulation. Demand and scarcity will make its price high and by the time that we're no longer seeing those past prices and you haven't bought yet, you will regret it.