Post
Topic
Board Economics
Re: Will we see new ATH this year?
by
OrangeII
on 29/11/2021, 08:13:04 UTC

Very important to have your goal, set your expectation to the point that you are willing to wait..

The current market still experinecing correction, topping to $70K within a month is not hard to accomplish

is that somehow, investors needs to patinetly wait and not to be drag by the pressure of the bear market.

Needed a lot of research if you are in plan to invest your money, this fall may be a good position to take

but not an assurance that it will not fall for more.
well, right now, the best position is to be patient. bitcoin price is still trying to hit $60k again. So far, I also think that bitcoin could reach a price of $70k, because of that, I'm not currently selling my asset because I hope the price will rise by the end of this year.
however, as you said, the current state of affairs could be very good if we use it to refocus on increasing the assets we have. well, when the bitcoin price reached its ATH this year, the bitcoin price corrected again, it was a natural thing. however, because of the decline, many people panicked and sold their assets. however, the potential for a bigger bitcoin price is still very wide.