This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?
It did broken that 45,000 level but stagnant on that price for week now. assuming that the price will hit 50k then what is the next resistance 55k? but yes if this 55k will be taken then surely we will make another run from ATH of 64,000
I was in profit even at 28k, I bought a lot earlier during April 2020 a bit after it crashed, and I kept buying so it increased eventually but I am still around 10k purchasing average, so I am not doing bad at all. However I am not going to sell, nor I am getting excited about more and more profit right now. Not everyone who doesn't sell means that they believe it will be 100k soon, I do not think that we will see 100k at least another year or so, but I am still not selling nor doing anything.
The only reason I am not is I belong to few people who are called "long term investors", I am sure you heard of us, we are not "greedy" about the price going up, we do not have any rush, we believe in bitcoin and in general crypto and we think it will certainly be 100k or 200k or even a million dollars and we do not have any rush to see that happen, I can wait 10 years if required, it is fine.
And believe it or not that is precisely the kind of mentality that you need to reach the success that so many newbies dream of, it is kind of ironic that the ones that are not 100% concentrated in making money in this market are in fact the ones that are going to make the most money, just keep doing what you have doing during these years and you are going to become incredibly successful, probably more successful than whatever you could dream of.