Hope means nothing when we have a war ongoing that could threaten and drag the whole world into it. I just want to be realistic, 20k is okay for now but I don't see much hope on BTC able to keep over that line for long.
well you are right about that. there is a big chaos going on in the world.. we were already struggling because of Covid and lockdown. and then suddenly this Russia Ukrain Conflict started. Economy is in disaster so is Crypto Market.
in My opinion Bitcoin Price will fluctuate between $18k to $22k for some time. this bear market is gonna be a long one. probably gonna stay for a year.
I wonder if anything major like that would happen anytime close? I mean sure we had pandemic and lockdown and then the war and all of that impacted the world quite bit and that looks like something that will worry a ton of people. But to me, it feels like we are in a situation where it is not going to be that easy to just say "it’s all over, now we can go up" because people are waiting for another crazy thing to happen, or at least they know that there is a possibility of such a thing.
In the end, we are not really doing something that will shock the world by buying up at low prices, but the moment it starts to go back up too much, we stop, and market just waits for it to drop again to keep on accumulating more.