Post
Topic
Board Economics
Re: We exited the bear market earler than expected
by
Shasha80
on 13/08/2021, 22:43:14 UTC
What is happening with bitcoin right now makes us worth hoping for a lot, an increase of more than 15% in a week makes a bull run happen soon, I believe in august the price can reach ATH so holding on is the most profitable option.
But we're already in August.  Tongue
Bitcoin to reach another ATH has to surpass the past ATH that we've got. And I agree with you that holding is always effective as it is. You just have to accumulate as many bitcoins as you can or if not a whole bitcoin since it's becoming expensive. Try to catch in decimals until you see your holding grow overtime.

That means maybe at the end of August Bitcoin will return to the ATH price, but expecting Bitcoin to rise above $60k in late August this might take
good news, which is able to trigger the price of Bitcoin to rise even faster. If not Bitcoin may be at the end of August will only reach the price of $50k.
But for me if Bitcoin fails to return to the ATH price at the end of August this will not be a problem, because so far Bitcoin has moved up, and we must
be grateful that Bitcoin is back on the right track. I agree that now we need to collect as much Bitcoin as possible and hold it until the price target
we want is reached.