Post
Topic
Board Speculation
Re: Bitcoin reaches maximum, target $80K BTC
by
LogitechMouse
on 30/03/2022, 11:29:58 UTC
~
In my personal opinion I see it as a good time to invest a good amount in BTC and leave them a few months to mature, what do you think? Will they do the same as me?
The problem with these crypto traders and some analysts as well is that, whenever they see Bitcoin goes up significantly after it went down a few months after they will predict a very high price like the recent bullish move will continue and it will not go down again like in this case. Bitcoin just went up to $45,000 a few days ago and he already said that Bitcoin will reach $80,000.

I mean there is nothing wrong with this predictions but some investors are taking this as like it is an opportunity for them to buy Bitcoin since somebody already said that it will reach X price. Also another problem is that predictions are mostly done when Bitcoin is going up but when it is going down, no one or a few only are saying where it will stop. Overall, I will not follow this prediction of him and with regards to a good time to invest into Bitcoin, anytime at least as of this moment is still a good time to buy but maybe wait for a bit of a correction to happen.