Last year I predicted Bitcoin will rise above the value at the start of the year and I was totally right about it, in April Bitcoin eventually reached a new all-time high price of $64k. Bitcoin added about 72% of its value as it increased drastically before it eventually started falling back in May till September. I don’t really know how this year is going to turn out now because of the present dip. But I just hope it increases, that’s why I’ve been advising so many people to hold their Bitcoins and even buy more now cause it will surely rise again.
Bitcoin will rise again but i am not sure it will happen this year or next year. But it looks like it will take a long time. It will probably behave like 2017-2021. But it is true that at the next pump Bitcoin may cross $100 000. It may even be more. So now is a perfect time to hold on to Bitcoin. it is not a financial advice.
The price have bounced to some margin over the past few days. For this reason some have begun to speculate that the bullish trend have begun. According to majority of the users we're in the bearish market hoping for a bullish move. For now we can experience growth in between as now, but for any reason this isn't gonna give a stable growth. The bull trend is predicted to happen on 2023-2024.