Post
Topic
Board Speculation
Re: Have we peaked for this cycle?
by
Kemarit
on 16/05/2021, 00:52:57 UTC
noob here.  BTC has been trading sideways for 3 months now; after the elon tweet, its' struggling to get above 50K.
Is their another run up or have we peaked alreay?

Every month we have seen Bitcoin hitting all time high, maybe this is the first time that we won't see the pattern not repeating. However, I'm still not convinced that we have hit the peaked price. We still have a long way to go, 2021 is not over yet and so many thing can happen in a blink of an eye and go on full bull run again.

So I would say no, we might be trading sideways, so take advantage of it and continue to accumulate. Bitcoin should be seen as long term investments or at least wait for the end of the year price.