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.
The average Bitcoin user has already held and bought as much Bitcoin as they can afford, for that some predictions and speculations say this is not the time to buy, the chance of falling is greater.
I will probably hold back and consider buying Bitcoin later this year, who knows some of the speculations and predictions are true.