What perspective are we going to accept here? Are we going with the analysis of the market going bear contineously or claims that the price will go bullish? Maybe we should just be neutral without being too optimistic or pessimistic.
Predicting Bitcoin's price is very tricky. This is so because its price is based off of several economic factors from supply and demand, to public sentiment, to the news cycle, and market events, scarcity, and more. As at November 2021, so many
Bitcoin analysts predicted that in the price to be up to $100,000 in Q1 2022 but here we are in the Q2 and it's not even half the price predicted. For me, just being neutral is good for my peace of mind. However, it doesn't mean that I am pessimistic.
analysis is just a prediction of the bitcoin market reaction, of course everyone may have a different basis of analysis, depending on their own point of view. even though technical analysis has been carried out properly, sometimes fundamentally or news that occurs can have a significant influence on price movements. therefore it is necessary to have a stop loss to regulate our loss level, and we streamline our thinking in trading after analyzing, namely profit or loss