On Twitter this user -
Richard Heart, tweeted "Pray that #Bitcoin doesn't hit $11,000. For if it does, the sound of me patting myself on the back will be heard around the world."(What does this even mean?).
I repeat (I've said this elsewhere), no individual knows accurately where price is headed. We can only speculate. Don't base your judgment of Bitcoin price on what a single individual says. Even if whales were to come together to conspire to sell off at the same time, they still won't be able to dictate what level price will fall to let alone a single individual. So, ignore Mr Heart. He's merely seeking attention.
Honestly, I am not perturbed at all because I am a long term hodler. But why can't the price stay steady? Are we moving towards the dippest part of the dip? Just wanna know your thoughts. Thank you.
If you're a long term hodler, I don't see why current price should be of concern since you ought to know that the current price is at a discount; offering an opportunity for new investors to get in. Have 2024/25 in mind as the expected time to sell off. From the look of things, I even expect a further price dip after a momentary rally in November. My November pick is based on how I've seen price react in that particular month, not of anything else. I've to say that so people don't misconstrue that speculation.